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John McCain 'angry' over Afghanistan delay

" Sen. John McCain (R-Ariz.) said Thursday that he is “angry” and “disappointed” with President Barack Obama for delaying his decision on increasing troop levels in Afghanistan. “The fact is we already have men and women over there, and the longer we delay in...

Economist declares economic 'train wreck' in America's future

" If you thought last week’s job numbers were bad, take a look at the latest from Morgan Stanley’s chief economist, Richard Berner. In a research note that’s been making the rounds of economics blogs this...

Pittsburgh Penguins wins the Stanley Cup

Penguins ruined the defending champions Detroit Red wing's home party. as the home team loses for the first time in this final series. "Max Talbot scored two second-period goals, and the Penguins overcame the loss...

Will Communism Save China's Economy fom US crisis 2009 ?

" Will Communism Save China's Economy? So is China going to get pulverized by the economic downturn or will it escape bruised but unbowed? Two perspectives reveal a lot about what we know and don't know about...

Californian gadget homes, 25% Standby power loss, TV games...

My small TV draws 11 Watt in Standby I made a check. My small 36 cm TV consumes during ON 60 Watt power. Switched to Stand-by 50 W, after 1 Min. "deep standby" remaining permanent 11 Watt. Could now remote...

Poetic laurels to Obama, but not as poet laureate

President-elect Barack Obama often alludes to his time at the Harvard Law Review.  However, it took the Library of Congress and its study of presidents as poets to unearth Sen. Obama's poetic side."When...

Obama Win Is Management Lesson to All: Welch

Obama played very well the campaign mach and presented his openion on every burning issue of USA. The result is in front of hom now he wil be the next president."   Barack Obama's victory in the presidential election should serve as a management lesson,...

JPMorgan Halts Foreclosures, Will Renegotiate Mortgages

Earlier in the jump in home sale and easing out the credit crunch in US has giving the sign of turnaround in housing market.It is further boosted by the act of JP Morgan halt of Foreclosures.This act wil spread...

Goldman may be set to post first quarterly loss

" NEW YORK (Reuters) - Goldman Sachs Group Inc (GS.N: Quote, Profile, Research, Stock Buzz) could post its first ever quarterly loss as a public company in December, as market turmoil weighs on revenue for investment banking businesses and forces asset writedowns. One Wall...

Europe bails out banks, UK wants new Bretton Woods

" LONDON (Reuters) - Governments across the world launched multi-billion dollar bailouts on Monday to shore up tottering global banks and Britain called for a new Bretton Woods agreement to reshape the world...

MUFG buys 21 percent stake in Morgan Stanley

" NEW YORK (Reuters) - Mitsubishi UFJ Financial Group Inc (MUFG) said on Monday it bought a stake in beaten-down Morgan Stanley, though at more favorable terms, as the U.S. government reportedly offered to support the Japanese bank's investment. Mitsubishi UFJ, Japan's...

Wall Street rises on bank rescues, Morgan

" NEW YORK (Reuters) - Stocks rose on Monday as a push by governments around the world to pump money into the clogged banking system sparked relief among investors and credit markets showed signs of loosening up. The Dow Jones industrial average .DJI was up 404.29 points,...

UBS to Cut 2,000 More Investment Banking Jobs

" UBS said on Friday it is cutting another 2,000 jobs at its troubled investment bank and closing most of its commodities business but will remain a universal bank and will not quit investment banking completely. The news on Friday comes just a day after the world's...

Pastors to Endorse Candidates from the Pulpit on Sunday

 By Albert N. Milliron On Sunday, September 28th a test of the First Amendment will ring from Churches all over the United States.  Pastors will compare the Biblical record with the two candidates...

The Case Of The “Disappeared” Minority Subprime Borrower

Minorities, the target of Subprime Loans, are now the major losers. A disaster that effects us all. See the report: "Foreclosed: State of the Dream 2008 – examines the racial bias of the subprime mortgage lending crisis, and the resulting huge wealth loss to people of color...

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