This Is Not A Normal Recession: Moving on to Plan B

""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...

Probing Golden West

"NEW YORK (AP) - The Department of Justice is investigating the mortgage lending practices of Golden West Financial Corp., the savings and loan bought by Wachovia Corp. for $24 billion at the height of the housing boom in 2006.U.S. Attorney Joseph Russoniello told The...

War News for Saturday, November 22, 2008

" The French MoD is reporting the death of a French ISAF soldier from a mine explosion near the Darulaman camp south of Kabul, Afghanistan on Saturday, November 22nd. One additional soldier was wounded in the attack. Nov. 20 airpower summary: Iraq Halts 400,000 B/D Oil...

Stocks plunge anew as recession worries resurface

"Wall Street falls sharply as investors, worrying about recess, ponder Obama impact on economy NEW YORK (AP) -- A case of postelection nerves sent Wall Street plunging Wednesday as investors, looking past Barack Obama's presidential victory, returned to their fears of a deep...

Poll on the economy: Americans gloomier, for now

"As people on Wall Street and Main Street hold their breath to see if a federal bailout of the nation's financial institutions will work, Americans are starting to speak — not whisper — the word "depression." In a sign that anxiety is growing, 33% of 1,011 adults surveyed...

Ed McMahon turns gangsta rapper

There may be No Country For Old Men, but Ed McMahon has a new rap.Having grown up watching the famous sidekick of Johnny Carson for most of my life, I have to admit I'm very happy for the ole guy that he's finally getting out of his slump even at 85 years old. I have...

Why infants still die from SIDS

" When Melissa and Rudy Haberzettl's son Jacob was born in November 2006, he was perfect in every way -- full-term, healthy weight, and a champion eater. Like many new moms, Melissa was determined to follow doctor's orders: She breastfed Jake exclusively, put him to sleep on...

Jackson celebrates 50th with cake and cartoons

Why am I not surprised about the cartoons part??"NEW YORK (AP) -- Michael Jackson celebrated his 50th birthday Friday, but he's still young at heart. ...

Woman found guilty of microwaving baby

"DAYTON, Ohio (AP) -- A mother was convicted Friday of killing her month-old daughter by burning her in a microwave oven, with jurors rejecting a defense attorney's claims there was evidence that someone else was responsible. ...