Real Estate - Jim Rogers says Fannie and Freddie are a ‘disaster’

"The U.S. Treasury Department's plan to shore up Fannie Mae and Freddie Mac is an “unmitigated disaster'' and the largest U.S. mortgage lenders are “basically insolvent,'' according to investor Jim Rogers.

NowPublic Oil-O-Meter

Oil prices are going crazy and NowPublic is monitoring their fluctuations in real time. Have you heard about another price hike? Post updates or relevant photos here, scan Twitter for news, follow price projections,...

Israel and Hamas remain on war footing despite ceasefire

"Israel and the Gaza Strip's Hamas rulers remained firmly on a war footing today, despite a truce between the sides coming into effect. Ehud Olmert, the Israeli Prime Minister, confirmed that his country's military...

When an Auto Maker Leaves Town Community Needs Good Role Models

Janesville got the news a week or two back - General Motors isleaving town. GM is a major employer out that way, giving jobs to 4.3percent of Rock County's work force. and many of these are more thanjust "living wage" jobs. They're the types of jobs than anyAmerican community...

Canada: U.S.-style Copyright Law Expected

OpinionBarry Artiste, Now Public ContributorThe Feds are tabling a US bill which will bring charges against anyone who illegally downloads or file shares copyrighted material with others, regardless if you purchased...

Lorenzo's Oil boy is dead at 30

" Lorenzo's Oil boy is dead at 30 Despite his parents' treatment, Lorenzo did not get better Lorenzo Odone, whose parents' battle to save him from a rare nerve...

The Big Dipper has a New Star!

There is a new star in the sky – and it’s located in the Big Dipper!  The new star is a white dwarf star that was discovered at the McDonald Observatory at the University of Texas in Austin."May 2, 2008 --...

Labour takes a local election hammering in the UK

Labour is looking to face their worst election results in a generation as the results from yesterday's elections start to trickle in.That doesn't look good for Gordon Brown."With just over half of results from...

Arctic Meltdown Near Its "Tipping Point" Warns WWF

"MONTREAL (AFP) — Arctic sea ice is melting "significantly faster" than predicted and is approaching a point of no return, conservation group the World Wildlife Fund (WWF) warned in a new study.The volumes of the...

The world is being threatened by rising sea levels

The map of the world may have to be redrawn. According to the Intergovernmental Panel on Climate Change (IPCC), and various scientists around the world, sea levels could rise 1.5 meters by the end of this century. If...

UK house prices ~ largest drop since 1992

Affordable for some but unobtainable for the majority...Bank of England cuts interest rates to 5pc."House prices across the nation saw the largest monthly fall since 1992 last month, according to Halifax, prompting...

South Korea conservatives win parliament majority

South Korea's new conservative president has led his party to a victory in the country's parliament."The conservative party of South Korea's new president won a majority in a Wednesday parliamentary election,...

Zimbabwe run-off poll predicted

Zimbabwe could be heading for a presidential run-off within three weeks, according to the state-owned Herald newspaper. The first official indication of the result of Saturday's election says that neither President Robert Mugabe nor his main challenger gained 50% of the vote....

White Easter for parts of Britain

The early Easter has brought snow to a holiday more closely associated with spring. Snow has hit Scotland as well as England's north and northeast."It is a white Easter for many with snow and bitterly cold conditions affecting parts of the UK. Any hopes of spring-like...

McNamee's lawyer says president Bush will let Rocket off hook

This whole Clemens / Congress thing is a farce.  Why not cap it off by a Presidential pardon for the Texas alumni?"One of Brian McNamee's lawyers predicted that if Roger Clemens is convicted in connection with the baseball steroids scandal, he'd be pardoned by President...

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