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Member Submitted News

Apr 03 18:40

Broader Unemployment Measure Hits 15.6%

The U6 Measure of Labor Under-utlization is the broadest measure of Unemployment the BLS releases

Apr 03 15:59

Foreign vs. Domestic Media: Lessons from the Past

How should "Good" Americans inform themselves? Are we best served by our domestic media?

Apr 03 15:42

Free Rod Blagojevich! - Government moves to CUT OFF Blagojevich FUNDING!

Chicago SUN-TIMES - House moves to keep Blagojevich from book profits - JORDAN WILSON SPRINGFIELD — If his Thursday indictment was bad news for Rod Blagojevich, Friday didn’t ease the pain.

That’s because the Illinois House overwhelmingly approved a bill that would prohibit the impeached ex-governor from fully cashing in on his newly inked book deal.

Apr 03 15:01

Is This The Year That Congress Finally Says The Word “Hemp?”

Texas Republican Ron Paul, along with ten co-sponsors, is seeking once again to allow for the commercial farming of industrial hemp.

Apr 03 13:59

Video - Journalist Robert Fisk describes his deja vue over US invasion of Iraq.

Points out the many similarities and parallels between what the British experienced after they invaded Iraq in 1917 and what the US experiences in Iraq today.

Apr 03 13:59

New York Congressional Election Tied as Officials Prepare for Absentee Count


Democrat Scott Murphy and Republican Jim Tedisco have 77,225 votes each, according to the New York Board of Elections

Apr 03 13:12

Fake Faith and Epic Crimes

These are extraordinary times. With the United States and Britain on the verge of bankruptcy and committing to an endless colonial war, pressure is building for their crimes to be prosecuted at a tribunal similar to that which tried the Nazis at Nuremberg. This defined rapacious invasion as "the supreme international crime differing only from other war crimes in that it contains within itself the accumulated evil of the whole." International law would be mere farce, said the chief US chief prosecutor at Nuremberg, Supreme Court justice Robert Jackson, "if, in future, we do not apply its principles to ourselves."

Apr 03 11:57

Video - Indian Ecologist Vandana Shiva: The Future of Food and Seed

Dr. Shiva asks why regulate natural seeds that have evolved for thousands of years and which cause no harm. "Since it has no harm, it has no need for state regulation." What should be regulated are the genetically modified seeds which do cause harm, including genetic contamination.

She likens the seed wars to India's salt wars when the British empire tried to regulate salt. "Seed doesn't belong to the humans; it belongs to all the species that are nourished by it." And she asserts on behalf of all farmers:

"We will not obey a law that makes it illegal for us to perform our highest ecological duty on earth, which is to save seeds for the future."

Direct link to video:

Apr 03 11:13

I smoke pot and I like it!

No comment!

Apr 03 10:35

'Multiple casualties' in US siege in New York

BBC Up to 40 people have been taken hostage and several others shot in the US state of New York, say reports.

Apr 03 06:41

Smoking lowers Parkinson's disease risk

A new study adds to the previously reported evidence that cigarette smoking protects against Parkinson's disease. Specifically, the new research shows a temporal relationship between smoking and reduced risk of Parkinson's disease. That is, the protective effect wanes after smokers quit.

"It is not our intent to promote smoking as a protective measure against Parkinson's disease," Evan L. Thacker from Harvard School of Public Health emphasized in comments to Reuters Health. "Obviously smoking has a multitude of negative consequences. Rather, we did this study to try to encourage other consider the possibility that neuroprotective chemicals may be present in tobacco leaves."

Apr 03 06:34

London cops reach new heights of anti-terror poster stupidity

The London police have bested their own impressive record for insane and stupid anti-terrorism posters with a new range of signs advising Londoners to go through each others' trash-bins looking for "suspicious" chemical bottles, and to report on one another for "studying CCTV cameras."

Apr 03 06:09

Student Arrested...for Being Honest

AN HONEST student who handed in a mobile phone he found was stunned when police arrested him for theft.

Paul Leicester, 18, played the Good Samaritan when he discovered the handset lying in the street.

He rang the last number dialled and told a friend of the owner he would leave the phone at a nearby police station. But officers arrested him for “theft by finding”, held him for four hours and took a DNA sample.

Apr 03 06:01

Another Huge Job-Loss Month as Jobless Rate Hits 8.5% After 663,000 Jobs Lost in March

The New York Times Jack Healy -The American economy shed another 663,000 jobs in March, the government reported Friday, bringing the toll of job losses during the recession to more than 5 million.

The agency also drastically revised the job losses in January to 741,000 from the earlier report of 655,000, but left February’s job loss estimate of 651,000 unchanged.

“There is no letup,” said James O’Sullivan, senior United States economist at UBS. “The trend has been truly dismal.”

Apr 03 05:24

G20 summit – leaders' statement

Gordon Brown has unveiled a $1.1 trillion rescue fund for the global economy at the end of the G20 summit in London. Here’s the text of the final statement.

Apr 03 05:02

Thieving, Lying Obama hails 'historic' G20 summit and Pledges to Give another 750bn Away

BBC - Barack Obama: 'By any measure the London summit was historic' - Barack Obama has hailed the G20 summit as a historic turning point in the pursuit of world economic recovery.

Apr 03 04:56

G20: When Gordon met Barack

We now know the form with these events: British PM pays deferential homage to the American president, who repays the compliment with warm words for the special ties the US feels for Britain. The dynamic is usually clear: the Brit is grateful simply to be standing next to the most powerful man in the world. He is yapping spaniel; the American is top dog.

Wednesday's joint press conference of Gordon Brown and Barack Obama had no such dynamic at work:

Apr 03 04:36

Cornell University Expert on The "Scolding" The U.S.

"This might be one of the most eventful global economic summits since the breakdown of the original Bretton Woods system in the early 1970s. The Europeans and others are in no mood to take orders from the U.S. to print more money or incur more debt to "stimulate" their economies, for at least three reasons:

Apr 03 01:28

Who Controls The Black Bloc Anarchists?

Government Decides Who Protests At G20: Violent anarchists allowed to smash up buildings despite announcing target in advance, yet anti-poverty group barred from protesting.

Apr 02 20:25

U.S. says North Korea missile launch could come April 4

A U.S. official said after a meeting between President Barack Obama and South Korean President Lee Myung-bak on the sidelines of the G20 summit in London that it looked like North Korea would proceed with the launch but Washington was trying to persuade Pyongyang to stop.


Looks like we're gonna have to do a preemptive nuclear strike on April 3rd - official white horse souse

Apr 02 18:53

Mexico Doesn't Have a Drug Problem

Mexico has a United States problem.

Apr 02 18:51

Fido in the crosshairs once again

The apparent police vendetta against dogs continues. This time, officers in Buffalo, New York, stormed into a home during the course of a search for drugs, gunned the dogs down in front of the family, and then left without making any arrests.

Apr 02 17:22

Video- Author Jeremy Scahill on Obama's "Blackwater" ( Democracy Now)

The Obama administration has confirmed the hiring of mercenary firm Triple Canopy to take over Blackwaters contract to protect US diplomats in Iraq. Part of the firms job will be to protect the monstrous US embassy in Baghdad. We speak to independent journalist Jeremy Scahill, who has also just revealed that the administration is using Triple Canopy to protect US diplomats in Israel.

Apr 02 16:15

G20 supports IMF's plan to sell 403 tons of gold

Leaders from the Group of 20 nations Thursday endorsed the International Monetary Fund's plan to sell 403 tons of gold to raise funds to support the world's poorest countries.

Apr 02 14:47

THEY KNEW! - AIG was a Ponzi scheme plain and simple

AIG was a Ponzi scheme plain and simple, yet the Obama Administration still thinks of AIG as a real company that simply took excessive risks. No, to us what the fraud Bernard Madoff is to individual investors, AIG is to the global financial community.

Apr 02 13:55

SDRs - Special Drawing Rights

But Keynes' Bancor proposal did not only entail pegging SDR's to a basket of currencies:

He proposed a global bank, which he called the International Clearing Union. The bank would issue its own currency - the bancor - which was exchangeable with national currencies at fixed rates of exchange. The bancor would become the unit of account between nations, which means it would be used to measure a country's trade deficit or trade surplus.

Apr 02 12:01

"Fine Tuning" Mark To Market: The Two Cows Version

The Financial Accounting Standards Board is meeting on today to discuss proposals to give banks more flexibility in valuing toxic legacy assets in illiquid markets.

We explored what this would mean a few months ago. It sounds like it is time to bring back our illustration, with a couple of adjustments to reflect recent developments

Apr 02 11:43

House approves FDA regulation of tobacco products

The House of Representatives overwhelmingly approved legislation on Wednesday that would for the first time give the Food and Drug Administration the power to regulate tobacco products.