BlackListedNews.com | Headlines October 1, 2009

Officials: Fed will need to boost rates quickly To prevent inflation from taking off, the Federal Reserve will need to start boosting interest rates quickly and aggressively once the economy is back on firmer footing, Fed officials warned Tuesday.

FDIC Discloses Deposit Insurance Fund Is Now Negative In an unprecedented disclosure, the FDIC has highlighted that it expects the DIF reserve ratio to be negative as of September 30

U.S., NATO Poised For Most Massive War In Afghanistan’s History

China weather “magic” conjures blue sky for parade China’s air force deployed a “magic-like” range of chemicals and technology to clear Beijing’s smoggy air for a grand parade marking the 60th anniversary of Communist China, state media said on Thursday.

TSA To Expand Use Of Body Scanners The Transportation Security Administration plans to install 150 security machines at airport checkpoints that enable screeners to see under passengers' clothes.

Portable, Pentagon Pain Weapon May End Up in Police Hands THE Pentagon's efforts to develop a beam weapon that can deter an adversary by causing a burning sensation on their skin has taken a step forward with the development of a small, potentially hand-held, version. The weapon, which is claimed to cause no permanent harm, could also end up being used by police to control civilians.

Matt Taibbi: "Wall Street's Naked Swindle"