United States

U.S. escalating covert operations against Iran: report

NEW YORK (Reuters) - U.S. congressional leaders agreed late last year to President George W. Bush's funding request for a major escalation of covert operations against Iran aimed at destabilizing its leadership, according to a report in The New Yorker magazine published online on Sunday.

Get ready for utility price shock- More good news!

(Cleveland) - Prepare for a steep rise in your utility bills. So says Richard Lubinski, president of Think-Energy Management in Silver Lake, near Akron.

Taliban flourishng, Pentagon reports

WASHINGTON - After nearly seven years of war in Afghanistan, the Taliban-led insurgency is flourishing, the Defense Department indicated in a gloomy new report yesterday, saying the insurgents are likely to accelerate their attacks and expand into new regions in northern and western regions of the country.

Burrowing muskrat causes levee to fail in Missouri

WINFIELD, Mo. - A heroic effort by hundreds of townspeople, volunteers and National Guardsmen to hold back the Mississippi River failed Friday — undone by a burrowing muskrat.

The furry rodent dug a hole through the earthen levee in this eastern Missouri community, allowing water to penetrate the floodwall, which failed shortly before dawn.

Over 2,200 workers to be laid off at Toledo Jeep

More than 2,200 workers at the Toledo Jeep Assembly complex will be laid off for nearly two months because of dismal sales of the Jeep Liberty and Dodge Nitro, United Auto Workers officials said yesterday.

Oil Surges Above $140 to Record as Libya Warns of Output Cut

June 26 (Bloomberg) -- Crude oil jumped above $140 a barrel to a record as Libya threatened to cut output, OPEC's president said prices may reach $170 by the summer and the dollar weakened.

Congress pressing Bush to block, reverse Iraqi oil deals

WASHINGTON, June 24 (UPI) -- U.S. congressional leaders are pressing the Bush administration to block deals to be signed between the Iraqi federal government and the world's largest oil companies and to cancel deals between the Iraqi Kurdish region and smaller U.S. oil firms.

Housing rescue plan passes key Senate test

WASHINGTON - A massive foreclosure rescue bill cleared a key Senate test Tuesday by an overwhelming margin, with Democrats and Republicans both eager to claim election-year credit for helping hard-pressed homeowners.

George Carlin, RIP

George Carlin, who started being funny for a living all the way back in the 1960s, is dead at 71. Do you have 10 minutes to spare? Then you have a choice: Either read up on important history -- George and "the seven dirty words" -- or watch the video, which as of yet is not regulated by the FCC.

*Warning* Naughty words....

http://www.alleyinsider.com/2008/6/george_carlin_rip

Marathon Oil Begins Detroit Refinery Upgrade

June 20, 2008 -- Marathon Oil Corp. today announced that construction of the estimated $1.9 billion heavy oil upgrading project at its Detroit refinery is under way following issuance of an air quality permit by the Michigan Department of Environmental Quality (MDEQ).

Big Oil is holding back on us.

If only our oil companies had somewhere to drill in the US, we could lessen our demand for foreign oil.

Oh wait they do...

http://resourcescommittee.house.gov/images/stories/Documents/truth_about_americas_energy.pdf

Midwest flood victims feel misled by feds

GULFPORT, Ill. - Juli Parks didn't worry when water began creeping up the levee that shields this town of about 750 from the Mississippi River — not even when volunteers began piling on sandbags.

Militants found recruits among Guantanamo's wrongly detained

GARDEZ, Afghanistan - Mohammed Naim Farouq was a thug in the lawless Zormat district of eastern Afghanistan . He ran a kidnapping and extortion racket, and he controlled his turf with a band of gunmen who rode around in trucks with AK-47 rifles.

Hundreds swept up in mortgage fraud arrests

WASHINGTON: More than 400 real estate industry players have been indicted since March — including dozens over the last two days — in a Justice Department crackdown on incidents of mortgage fraud nationwide that have contributed to the country's housing crisis.

The FBI put the losses to homeowners and other borrowers who were victims in the schemes at over $1 billion.

Why flooding worsens

Up and down the flood-ravaged river valleys of the upper Midwest, high water has inflicted billions of dollars of damage to homes, businesses, and crops. It has displaced tens of thousands of families and brought immeasurable suffering. It has also brought a new concern for the region’s river towns and cities: Flooding in the Midwest seems to be getting worse.

Democrats sell America to OPEC

"...President Bush urged Congress on Wednesday to lift its long-standing ban on offshore oil and gas drilling, saying the United States needs to increase its energy production. Democrats quickly rejected the idea."
http://news.yahoo.com/s/ap/20080618/ap_on_go_pr_wh/offshore_oil

Senators Caught in Mortgage Fallout

When Senator Kent Conrad of North Dakota wanted a mortgage for his beach house, he turned to a Washington insider, James A. Johnson, former head of Fannie Mae, the government mortgage giant, who then put the senator in touch with Angelo Mozilo, chief executive of the mortgage lender Countrywide Financial.

What happens on a Wednesday?

Italian company buys Flatiron building in Times square.
http://www.time.com/time/business/article/0,8599,1813198,00.html

Abu Dubai to buy Chrysler Building
http://www.nypost.com/seven/06112008/business/chrysler_bldg__on_the_bloc...

Belgian brewer intends on buying Anheuser-Busch

Yale prez: Pro-lifers akin to terrorists

We see this almost daily in America-
the outrageous false claims against Conservative Christian folk.
Ultimately , this can only lead to banning of debate, open
thought, which we already see . This is another case
of Christian bashing for those of you who say there isn't any in
America

 

 

Small cities can expect fewer flights

PRESCOTT, Ariz. - The rejection from Air Midwest came swiftly on a one-page fax. The carrier couldn't afford to fly to the mountain community of Prescott anymore, officials said. The city would simply have to find a new tenant for its tiny airport.

"Everything was going fine — then, bam — the airline is gone," Mayor Jack Wilson said with a sigh. "That's just not how you do business."

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