By LOUISE STORY and ERIC DASH
NYTimes.com
Everyone on Wall Street is fixated on The Number.
The bank bonus season, that annual rite of big money and bigger egos, begins in earnest this week, and it looks as if it will be one of the largest and most controversial blowouts the industry has ever seen.
America slides deeper into depression as Wall Street revels
December was the worst month for US unemployment since the Great Recession began.
By Ambrose Evans-Pritchard
TelegraphUK
10 Jan 2010
Wall Street, politicians still don’t get it
The gamblers and the clueless are leading this nation into the abyss. If only we could throw out all of them.
By Bill Fleckenstein
MSN Money
Flight 253: Anatomy of a Cover-Up
By Tom Burghardt
Global Research
January 11, 2010
New revelations about the failed Christmas Day attack on Northwest Airlines Flight 253 continue to emerge as does evidence of a systematic cover-up.
Can the Government Keep Us Safe?
by Andrew P. Napolitano
LewRockwell.com
What a week we have all just endured! While the Democrats were re-writing the federal takeover of healthcare behind closed doors, the public face of the federal government was fixated on denying and then explaining all the gaps in its intelligence gathering. The Obama administration has been finger-pointing over who in the government let a murderous thug on a plane in Amsterdam that he tried to explode over Detroit. First, the government said that the system worked. Then the President said it didn’t. Then he announced that the intelligence communities and security people would start to talk to each other so the bad guys could be kept out. Weren’t they supposed to be doing this all along?
Why I Am Excited About 2010
by Karen Kwiatkowski
LewRockwell.com
Hearing 2010 predictions by futurists and others is both entertaining and educational. National and state bankruptcy, discombobulating failures in corporate state health, finance, domestic security, intelligence and military industries, the breakup or collapse of both halves of the American political duocracy – political and economic crises and chaos are predicted by many observers.
It May Be Financially Irresponsible to Pay Your Mortgage
by Karen De Coster
LewRockwell.com
Roger Lowenstein has written one of the best articles I have read on the topic: walking away from your house. The prominent author and journalist published a January 7, 2010 article in the New York Times with the headline, “Walk Away From Your Mortgage!” Lowenstein acknowledges that it may be financially careless for homeowners who are upside down on their mortgage to keep paying it in order to hang onto a fantasy of ownership and avoid the shame of default. In this article, Lowenstein’s subject is the borrower who can afford to pay the mortgage but considers opting out for reasons of financial benefit and survival. This is referred to as a strategic default.
LOOKING BACKWARDS
PART 2
By Dennis L. Cuddy, Ph.D.
January 11, 2010
NewsWithViews.com
[Note: Letter written to Rick Warren on January 3, 2010—The next time you discuss the issue of abortion with anyone (including President Obama), would you please tell them that in The Holy Bible, God clearly states that He hates the shedding of innocent blood, and that He said BEFORE He formed us in the womb He knew us. That means that if President Obama’s mother had aborted him, she would have been killing someone already known to God as Barack Obama, NOT just a blob of tissue that might later become Barack Obama. Sincerely, Dennis L. Cuddy, Ph.D.
NANOFOOD SECRECY: MANNA FROM HEAVEN OR FRANKENFOOD?
By NWV News writer Jim Kouri
January 11, 2010
NewsWithViews.com
Scientists throughout the world are claiming that Nanotechnology will take the earth’s food industries by storm, thereby changing the way food is produced for human or animal consumption.