Things that Interest the Assman
"I look at things for the way they are, not how I want them to be, I don't color them or try to change them because of an ideology". Gerald Celente

 

News & Politics

Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading

US credit shrinks at Great Depression rate prompting fears of double-dip recession

No we can't? UK think tank says US power is fading

UN wants new global currency to replace dollar

In the Tank Forever": U.S. Consumers, Retailers in a "Death Spiral," Davidowitz Says

Warren Buffett Warns Congress Over Mounting US Debt

Retail sales dip unexpectedly, jobless claims rise

Days of Secret Swiss Bank Accounts May Be Numbered

Home Price Declines Accelerate in Second Quarter

Trade Gap Widens Less Than Forecast

GE Board Still on its Ass. GE to Pay $50 Mln Civil Penalty to Settle SEC Fraud

Geithner: New Taxes May Be Necessary to Fix Economy

Obama administration officials can't guarantee middle-class Americans won't see tax hike

Uncovered Video: Obama Explains How His Health Care Plan Will ‘Eliminate’ Private Insurance

Taxpayers to Subsidize GE's Smart Appliances

China says it seizes metals bound for NKorea

Britain to withdraw remaining forces from Iraq

Jobless Claims Up 30,000; Unemployed Number Falls

Fiscal ruin of the Western world beckons

Lawmakers, Schwarzenegger agree California budget

Fed: unemployment will top 10 percent this year

$1 Trillion Deficit Complicates Obama's Agenda

Congress approves $173 million to fly to rural towns That's a $53 million increase

Barney Frank is eyeing America's draconian pot policies

Sotomayor: I would hope that a wise Latina woman with the richness of her experiences would more often than not reach a better conclusion than a white male who hasn't lived that life

Healthcare Bill Includes Tax on $1 Million Earners

U.S. Budget Gap Exceeds $1 Trillion for Fiscal Year

Worst violence since US pullback hits Iraq

Thousands protest in Iran, defying crackdown vow

Retailers report weak June sales

Health Bill? How about Pork Bill

Columns of troops pour in China's restive west

Credit delinquencies hit record high

U.S. Military Chief Warns of Rising Nuclear Threat

Obama Adviser Says U.S. Should Mull Second Stimulus

Risky Mortgage Losses Seen Rising

Oil, Gas Market Speculation May Face Restrictions

Stocks, Oil, Metals Drop on Economy Concern; Yen, Dollar Gain

The debt gap is "something that keeps me awake at night," Obama says

Democrats in Congress: Spending on Taxpayer-Funded Trips Rises Tenfold; From Italy to the Galápagos

Citigroup increased interest rates on millions of credit card accounts before curbs on such rises come into effect

U.S. private sector sheds 473,000 jobs in June

Iraqis celebrate US pullback but bombing kills 27

States brace for shutdowns

Why a College Degree Isn't Worth It

How GE Screws American Tax Payers Through a Loophole in Bank Rescue

Fifteen states have depleted their unemployment insurance funds
Italy Intercepts Billions in Fake Treasurys
California set to issue IOUs as fiscal crisis weighs
Clerics join Iran's anti-government protests
Sales of New Homes in U.S. Unexpectedly Decreased

Moody's: US Rating Safe but Depends on Debt, Dollar
Obama Seeking Major Overhaul of One-Third of Economy?
The Number of Government Cheese Eaters Continues to Swell
U.S. Open fans heckle Tiger Woods

Obama Closes Doors on Openness
Nortel to End Bankruptcy Reorg and Liquidate Assets

More Powerful Fed? Many In Congress Don't Seem to Like It

Foreign Purchases of Long-Term U.S. Assets Slowed in April

NYSE Halts Trading in 242 Stocks on Computer Error

Pete Peterson - Warns of Danger of Mounting US Debt


Fed Hit With $5.25 Billion Loss From Bear Stearns and AIG

Are Harvard MBA Degrees Worth Anything or are They Part of Problem?

Nassim Taleb-Warns Authorities Will Fail Us Again

Obama seeks fiscal responsibility mantle

Supreme Court rejects challenge to the Pentagon policy forbidding gays and lesbians from serving openly in the military

Europe Leans Right in Elections - People reject liberal handling of finacial crisis

Democrats Weigh Health Mandate as Obama Urges Taxing Wealthy

Top Chinese banker Guo Shuqing calls for wider use of yuan

Sarah Palin hits FOXNEWS tonight for the big 'Told Ya So' interview

Obama administration forced Chrysler into a marriage with Fiat.

Former Drug Dealers Tied to John Murtha-Backed Firm

Government Cheese eaters climb to all time high

Countrywide’s Mozilo, Two Ex-Executives Accused by SEC of Fraud

Jobless benefit rolls fall, initial claims dip

U.S. Retailers Report Continued Weak Sales

EU Warns Latvia on Budget Deficit Amid Crisis

U.S. Accidentally Releases Secret List of Nuclear Sites

Russian protest factories shutdown

Air France jet vanishes

Cisco Systems to Replace GM; Travelers to Replace Citigroup in DJIA

Geithner to Reassure China U.S. Will Control Deficits

Oil Is Plentiful, Demand Weak. Why Are Gas Prices Going Up?

Pravda - American capitalism gone with a whimper

Many modified mortgages will default again, Fitch Ratings projects

Calif. wants federal government to back its loans

Once Considered Unthinkable, U.S. Sales Tax Gets Fresh Look

Federal tax revenue plunged $138 billion, or 34%, in April vs. a year ago

NY Fed says bought $1.55 bln of TIPS

US Government to Take Up 70% Stake in GM

Home Prices Tumble by Record 19.1%

Why US Debt Rating Poses Such a Big Worry to Investors

Obama says USA is Broke

More talk that USA may lose AAA Credit Rating

Dollar hits new multimonth low vs euro, pound, yen

Is California Too Big To Fail?

U.S. dollar's day of reckoning may be inching closer

The president is so "distracted by his vice president's indiscipline"
Obama forced to rebuke privately Vice President Joe Biden, according to a new book by Newsweek journalist Richard Wolffe, who interviewed Obama a dozen times.

NYPD Arrest 4 in Alleged Plot to Bomb NY Synagogues

Newt Gingrich Calls for Democratic Speaker Nancy Pelosi to Resign


Commercial real-estate loans could generate losses of $100 billion by the end of next year

U.S. Considers Stripping SEC of Powers in Regulatory Overhaul

Peter Schiff running for senate?

GPS system 'close to breakdown'

Brazil and China eye plan to axe dollar

Some on left souring on Obama

Bill Clinton to be named U.N. Haiti envoy

Maureen Dowd of NY Times Plagiarizes TPM's Josh Marshall

Biden Reveals Location of Secret VP Bunker

Israel ups war training despite US discontent

Panetta Says CIA ‘Truthfully’ Briefed Pelosi on Interrogations

Documents Reveal How Paulson Forced Banks To Take TARP Cash

Pelosi draws response from CIA

US releases detainee from Guantanamo

Obama reverses on releasing detainee photos

Obama weighs wide range of candidates for court

Pentagon worker charged with leaking info to China

GM Driving Toward Chinese-Made Cars For America

Obama says. "The stars are aligned" to reform healthcare

French confront worst economic outlook in 30 years by locking up their bosses and marching on the capital

U.S. Will Pay $2.6 Million to Train Chinese Prostitutes to Drink Responsibly on the Job

Dollar Could Slump on AAA Rating Fears: Analyst

Cheney says He Won't 'Roll Over'

20 dead as US, Afghans battle suicide bombers

Obama’s Rich Donors Threaten Him over Closing Foreign Tax Havens

Student Wins Suit After Teacher Says Creationism Nonsense


Massive Russian Gas Pipeline Fire

Air strikes 'drive Afghans to Taliban'

Cheney: on CBS says Obama endangers the nation

Obama’s budget eliminates funding for abstinence education programs

Under Restructuring, GM To Build More Cars Overseas

Senators weigh 3 government health plans

Obama Wants to Tax Your Health Care Benefits

Maine Gay Marriage Legalized

Gay marriage leaps ahead in Maine, New Hampshire

GE CEO Jeffrey Immelt Confronted by Angry Shareholders at Shareholder Meeting


John Edwards is facing a federal inquiry

April deadliest month for US in Iraq in 7 months

Speaker Pelosi Blocks Investigations of Corrupt Democrats

Democrats drop funds to close Gitmo no lawmaker wants the accused terrorists in their backyard

Obama is more popular than his policies

Taliban threatens spike in violence
North Korea threatens nuclear, missile tests:

Iran Targets Egypt

Pennsylvania Sen. Arlen Specter will switch Party to Democrat: Dems now filibuster proof

Israel Sinks Iranian Ship Carrying Arms

America's Most Dangerous Cities

Republicans Lack Leader and Voice in face of Obama Activism

Rising Numbers of U.S. Border Officers Arrested on Corruption Charges Mexican drug cartels turn to bribes

Obama throws Presidential Poison Bomb destroying his promise for a new era of bipartisan respect
Obama orders US to start work on full review of nuclear policy

Torture Video Implicates UAE Royal Sheikh Police in Uniform assist as Victim Is Whipped, Beaten, Electrocuted, then Run Over by an SUV
Obama passing new law to allow searching of PC's, Laptops, and media devices

Torture Video Implicates UAE Royal Sheikh Police in Uniform assist as Victim Is Whipped, Beaten, Electrocuted, then Run Over by an SUV
General Electric talks green but are they? In addition to its Hudson River PCB contamination, GE has 75 other large contaminated sites nationwide. This is more than any other U.S. corporation. The company is trying to avoid paying for a Hudson River cleanup, perhaps because it thinks it can avoid setting the precedent for liability at those other sites. GE is a disgrace to the country and their products should be boycotted by all Americans

Political drama at GE Shareholders Meeting Shareholders upset over left leaning media bias at MSNBC and CNBC

Tarp Bailout Monies Lead to Fraud
Neil Barofsky, the special inspector general overseeing the Troubled Asset Relief Program, released a 250-page report detailing a long list of concerns about government efforts to prop up hundreds of banks


Iran Warns Israel Not to Attack its Nuclear Sites
Western diplomats walked out of U.N
as Iran's president Ahmadinejad called Israel the "most cruel and repressive racist regime 


Sen. Dianne Feinstein(D) sought $25 billion for agency that awarded contract to spouse: Legislation was introduced by Feinstein to route $25 billion in taxpayer money to a government agency that had just awarded her husband's real estate firm a lucrative contract

Obama Envoy: Two-State Solution is only Solution: A Palestinian state alongside Israel is the only way to end the Mideast conflict, President Barack Obama's Mideast point man said Friday, sending a stern message to Israel's hard line


 

Financial News

Foreclosures Grow in Housing Market's Top Tiers

The 'Democratization of Credit' Is Over -- Now It's Payback Time

US Economy Faces Big Test Next Month: Meredith Whitney

Insider Trading Increases

Treasurys Are the Next Bubble: Jim Rogers

Taxpayers face heavy losses on auto bailout

1,000 Banks to Fail In Next Two Years: Bank CEO

RBS uber-bear issues fresh alert on global stock markets

WTO win could open China's door to US companies

Double-Dip Recession Still in the Picture: Roubini

Senators Near Bipartisan Deal On Healthcare Overhaul Plan

Job Woes Sap US Consumer Confidence in July

Home Prices Rise, Consumer Confidence Declines

U.S. Pays $2.5 Trillion for Care Costing $912 Billion

McDonald's Profit Falls 8% on Strong Dollar

Ford Loss Beats Estimates on Costs, U.S. Market Share

China's Plans for Replacing the Dollar

Natural Gas ETF Plunges More Than Fuel Even as Shares Sell Out

CIT Trading Halted as Lender Awaits Word on U.S. Aid

CIT, Regulators Near Decision On Aiding the Troubled Lender

Secular bear market could last into 2010, maybe through 2020

Budget deficit tops $1 trillion for first time

Autos lift U.S. retail sales; inflation perks up

14 brands you know -- from an NHL hockey team to Obama's suit maker -- that are hitting the skids

Bond investors across the country are snapping up 10-year Treasury notes

China’s Currency Reserves May Top $2 Trillion for First Time

China Demands Currency Reform, France Backs Debate

Buffett Backs Second Stimulus

Apartment Vacancy Rate Hits 22-Year High

The dollar’s Tinkerbell moment

Oil Slides Before Inventory Data

When will GE Board Grow a Pair and Fire CEO Jeff Immelt, GE Stock Worth Just $2, Says Charles Ortel

US lurching towards 'debt explosion' with long-term interest rates on course to double

China Launches Major Step to Yuan Internationalization

Australia Faces the ‘Full Brunt’ of Global Recession

Payrolls Fall More Than Forecast in June, Unemployment Rises to 9.5%

California misses budget deadline, readies "IOUs ‘

How maths killed Lehman Brothers ‘
Public pension plans post combined loss of 8.85 tril. yen in FY 2007+

Builders Will Keep Getting ‘Squeezed’ for Months: Chart of Day
Treasuries Rise After Seven-Year Note Sale, Outlook for Rates

Warren Buffett - America's "Economic War"



GM Cutting 4,000 White Collar Jobs By End Of Year
New Rules on Home Appraisals End Up Thwarting Many Sales
Dollar Weakens Most in Six Weeks as Fed Speculation Declines
Pulte Expects Home Sales Will Languish for Months
Interest Rates May Stifle Recovery

Joblessness Continued to Rise In May In Nearly Every State

U.S. regulators close their 40th bank of the year

Americans' wealth drops $1.3 trillion

As debt grows, desperate car owners turn to fraud

2008 U.S. Charitable Giving Estimated to be $307.65 Billion

House committee subpoenas Federal Reserve

China Has No Intention of Dumping Dollar: Minister

World's Airlines to Lose $9 billion in 2009

Bernanke Conundrum Threatens Housing on Mortgage Rate

Oil Rally Over, Likely to Settle Around $60: Gartman

U.S. jobless rate near 26-yr high of 9.4%, nonfarm jobs down 345,000

Canada unemployment highest in 11 years

GM to sell Saturn brand to Penske dealership chain

Never Ending Story: Yet another way executives screw share holders

Pending home sales rise 6.7 percent in April

Ex-Kmart CEO liable for investor deception

Morgan Stanley to raise $2.2 billion to repay TARP

General Motors in tentative deal to sell Hummer

Chinese audiance laugh at Geithner after his comments that U.S. assets are very safe

12% mortgages behind

Toys 'R' Us acquires high-end FAO Schwarz

China warns Federal Reserve over 'printing money'

Chrysler gets 757 mln dlrs more from US Treasury

Two Illinois Banks Seized

GM Borrows Another $4 Billion, Will Need $7.6 Billion More

Florida's BankUnited fails, will cost FDIC $4.9B

GM may file for bankruptcy as early as next week

Greenspan Says Banks Still Have a ‘Large’ Capital Requirement

New Jobless Claims Drop 12,000 Last Week

U.K. May Lose AAA Rating at S&P as Government Debt Approaches 100% of GDP

U.S. may import close to 40% of oil supply from Canada's oil sands by the year 2035

US housing construction, permits for new projects plunge to record lows in April

Hedge Funds Making Big Bets on Gold

Obama to unveil dramatic new auto emissions standards

Costco Hit With $50M Lawsuit: Suit claims Costco falsely imprisoning its employees?

Future of the New York Times

Shilling's Bearish Outlook


Full Housing Recovery Not Yet in Sight

Lowe's 1Q Profit Falls, but Tops Wall Street View

Europe in deepest recession since War as Germany suffers

US prices fall most since 1955

U.S. Economy: Industrial Production Contracts Less

SEC may charge Angelo Mozilo with fraud

Huge credit card company halts all new lending due to record defaults

Retail sales drop unexpectedly in April

RealtyTrac: April Foreclosures Rise 32 Percent

Europe Fines Intel a Record $1.45 Billion in Antitrust Case

Ford Gain Eases Holders’ Concerns as Losses Persist

China’s Factory Output Grows Less-Than-Estimated 7.3%

Dollar Falls to 7-Week Low on Speculation Global Slump Easing

U.S. Foreclosure Filings Hit Record for Second Straight Month

Stanford CIO Indicted on Criminal Charges

Trustees' Report Warn of Looming Financial Challenges Facing Retirement Programs " Trust Funds Closer to Depletion According to Latest Projections

Senators Weigh Tax Hikes, Spending Cuts for Healthcare

GM CEO: Bankruptcy Likely; Firm May Leave Detroit

China to revitalize base metal industry, restrict aluminum

White House: Budget deficit to top $1.8 trillion

Buffett reports $2.5b loss

Nikkei tops 9,500 for 1st time in 6 months on economic hopes

Subprime lending is back with a vengeance

Big US Banks May Be Headed For Extinction

Obama to hold town hall meeting on credit card reform

Pace of Job Losses Moderated in April; Jobless Rate at 8.9%

Fed Sees Up to $599 Billion in Bank Losses

California could be broke by July, state official warns

AIG paid $120 million in bonuses to about 6000 workers The company now says it paid close to $454 million -278.3% more than it initially disclosed

Fiat's Marchionne says he will lead Chrysler

More than one in five homeowners underwater

GM plans 1-for-100 reverse stock split

eBay to close Vancouver facility

Bank of America to need $34 billion in capital

Disney quarterly profit beats Wall Street forecasts

House Democrats seek $94.2 billion in emergency funds

We Can't Subsidize the Banks Forever

Boston Globe could file shutdown notice Monday
Banks Bulldozing Foreclosed McMansions

Chrysler to file for bankruptcy protection:

Economy shrinks at 6.1 percent pace in 1Q:

Treasury borrowing needs record $361B April-June: third straight quarter the government's borrowing needs have set records for those periods.

Pace of falling U.S. home prices slows

GM received another $2bn in loans from the US Treasury

United Auto Workers Union will Own 55 percent of a Restructured Chrysler LLC

Bogus Bank Recovery

Ten Countries on Verge of Collapse - Mexico at Top of List
Freddie Mac Portfolio Grows, Delinquencies Rise portfolio increases 31.0 percent year to date, delinquencies jumped to 2.29 percent of its book

Durable goods orders fall 0.8% in March, less than expected

Microsoft sales fall 6 percent from a year ago

GM to Slash Summer Production

Steep decline in Canadian economy central bank may be forced to take dramatic steps

Canadian Auto Workers and Chrysler Close to Deal

GM, Chrysler Could Get $5.5 Billion More in Bailout Funds Companies race against government-imposed deadlines to restructure

Peter Schiff: Worse still to come, government making things worse, destroying value of dollar


Freddie Mac official found dead in apparent suicide

Housing Market's Newest Threat: More people are losing their jobs

Top Officials at Chrysler Financial Turn Down Government Loan: Executives didn't want to abide by new federal limits on pay

China Dumping Dollars for Copper: China wakes up to the fact the west is a black hole of debt

Roubini Doubts Quick Recovery




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Entertainment & Odd

PETA video shows Ringling Bros. circus handlers beating elephants

Paula is asking for a $20 million deal to come back to American Idol - a demand that has been turned down so far

Dallas McKennon voice of Gumby, many others dies at 89

The Rebuilding of Hobbiton Has Begun

Religious broadcaster builds $4M home despite layoffs at his ministry

Karl Malden dies at 97

WoW Players Can Soon Change Sides

Singer Michael Jackson dies at 50 from Cardiac Arrest
Farrah Fawcett Dead at 62
Tapes Reveal Nixon’s View of Abortion

Ed McMahon Dead at Age 86

Susan Boyle - Back on Tour at Wembley



After the Britain's Got Talent backlash, Simon Cowell finally admits: 'Sorry, I did make mistakes'

Nagasaki A-bomb plane co-pilot dies at age 88

David Carradine Dead In Bangkok: Found Hanged, Claims Report.

Susan Boyle was taken to the hospital last night suffering from exhaustion.

Last Titanic survivor dies at age 97

Susan Boyle - Semi Final 1


U.S. Government Corruption


Kris Allen takes the 'American Idol' title

Walmart Wants Your Used Games

Government Corruption

Mel Gibson's GF Definitely Pregnant

Waffle House of Nancy Pelosi


Park workers fired after peeing in Old Faithful

Man learns of wife's affair from porn DVD

AMC Theaters are running Fake IMAX's theaters and charging $5 extra

Ryan O'Neal: Farrah Fawcett Has Stopped Treatment

One of Last Surviving 'Wizard of Oz' Munchkins Mickey Carroll Dies

Links to Webcams Around the World

Ron Howard claims Vatican blocked 'Angels & Demons' filming

David Hasselhoff Alcohol Poisoning; Rushed To Hospital

The Ultimate Fan-Made Hobbit Movie Released

Matrix director Larry Wachowski now walks as a woman in L.A

Jerry Plays Ball


France's First Lady May Have A Sex Tape Problem intimate photos of her with ex-lover are stolen

Video of World of Warcraft Vollee client for iPhone amazing technology
Holly Steel - Steals Hearts BGT 3 turning into an incredible year

Jay Leno hospitalized; will return to TV next week"

Sean Penn Calls on Obama to Rethink Position on Gay Marriage"

Sean Penn Calls Blacks "Shameful"

Actress Keira Knightley seen suffering brutal assault: New advertisement highlighting the issue of domestic violence

Scottish Singer Susan Boyle Wows Judges Britain's Got Talent 2009

Susan Boyle Interview


Susan Boyle Following in Footsteps of 2007 Winner Paul Potts

Pitchman gets Sham-Pow'ed by Prostitute
PitchmanShamwow pitchman Vince Shlomi was arrested on Feb.7th for felony battery charges for allegedly punching a stripper / prostitute, according to the Web site