Fannie, Freddie bailout could double, regulator says

Fannie, Freddie bailout could double, regulator says: "Fannie and Freddie, the federally controlled mortgage finance giants, probably will need at least another $73 billion and perhaps as much as $215 billion from taxpayers in the next three years to meet their financial obligations, the Federal Housing Finance Agency said, but much of that money would automatically be returned to the government.

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Life, Liberty, & the Pursuit of Happiness

Government Licensing Internet News Report

Government Licensing Internet News Report: "New offer from Microsoft executives would open the door for state licenses to access the Internet, authorities have the power to block individual computers connecting to the world wide web under the pretext of preventing malicious attacks.

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Life, Liberty, & the Pursuit of Happiness

Panel: Gov't thwarted worst-case scenario on spill - Yahoo! News

Panel: Gov't thwarted worst-case scenario on spill - Yahoo! News: "WASHINGTON – The White House blocked efforts by federal scientists to tell the public just how bad the Gulf oil spill could have been.

That finding comes from a panel appointed by President Barack Obama to investigate the worst offshore oil spill in history.

In documents released Wednesday, the national oil spill commission reveals that in late April or early May the White House budget office denied a request from the National Oceanic and Atmospheric Administration to make public the worst-case discharge from the blown-out well.

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Life, Liberty, & the Pursuit of Happiness

Gallup Finds U.S. Unemployment at 10.1% in September

Gallup Finds U.S. Unemployment at 10.1% in September: "PRINCETON, NJ -- Unemployment, as measured by Gallup without seasonal adjustment, increased to 10.1% in September -- up sharply from 9.3% in August and 8.9% in July. Much of this increase came during the second half of the month -- the unemployment rate was 9.4% in mid-September -- and therefore is unlikely to be picked up in the government's unemployment report on Friday.

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THE HARD TRUTH: BLACKS HATE WHITE PEOPLE | Angry White Dude

THE HARD TRUTH: BLACKS HATE WHITE PEOPLE | Angry White Dude: "- Sent using Google Toolbar"


I believe that race relations are hitting a new low. Articles like this are showing up more and more and it further divides Americans. I would really appreciate any comments you might have about the contents and tone of this article. Where is America heading?


Life, Liberty, & the Pursuit of Happiness

Life, Liberty, & the Pursuit of Happiness

The Bill of Rights - Amendment IX

The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.

Study: Cap and Trade Could Cost 1.9 Million Jobs

Study: Cap and Trade Could Cost 1.9 Million Jobs

Please read this. It is important to consider for the future of everyone in the USA.

Fixing America: Vote Them Out!

Fixing America: Vote Them Out!

Life, Liberty, & the Pursuit of Happiness

Global Governance Is at Critical Juncture

Global Governance Is at Critical Juncture: "The report defines global governance as the collective management of common problems at the international level. While there have been many successes since the end of World War II, “the growing number of issues on the international agenda, and their complexity, is outpacing the ability of international organizations and national governments to cope,” the report said.

Political power not only is shifting from established powers to rising countries and to a certain degree to the developing world, it is also shifting to nonstate entities — which include multinational businesses, nongovernmental organizations, civil-society groups, churches and faith-based organizations, and special-interest groups. Complicating the ability to effectively govern is both diverse perspectives and suspicions about global governance, which is often regarded as a Western concept that is alien to local and regional customs. This makes mastering the challenges even more difficult, the report said.

While many nonstate entities are contributing to global governance to resolve issues, a few groups such as international criminal organizations and terrorist groups that are empowered by technology can pose serious threats, the report said.

The authors note that global governance does not mean “world government.” The reason it does not mean a single global governing body is that nations are unlikely to abandon national sovereignty. In addition, there are multiple divergent interests and there continues to be deep-seated concerns about the effectiveness of current international institutions, the report said.


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Super-rich investors buy gold by ton | Reuters

Super-rich investors buy gold by ton | Reuters:

"Fears of a double-dip downturn have boosted the appetite for physical bullion as well as for mining company shares and exchange-traded funds, UBS executive Josef Stadler told the Reuters Global Private Banking Summit.

'They don't only buy ETFs or futures; they buy physical gold,' said Stadler, who runs the Swiss bank's services for clients with assets of at least $50 million to invest.

UBS is recommending top-tier clients hold 7-10 percent of their assets in precious metals like gold, which is on course for its tenth consecutive yearly gain and traded at around $1,314.50 an ounce on Monday, near the record level reached last week.

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