American Austerity

30 Year Mortgage Rates fall to Record Low.

The next Icelandic banking crisis.

How an Alabama fire chief risked jail to save town from Gulf oil spill.

Edit:Everything that is wrong with today’s military in one example. Who would have thunk that you could make Rear Admiral by being a public affairs officer for your entire career?

Quote of the day: Now where is this all leading us? Don’t know really, but we do know that there are stupid things happening all over the place because of righteous laws applied in an unrighteous world

MCCHRYSTAL FIRED, Petraeus asked to take over.

In Budget Crisis, States Take Aim at Pension Costs

Rattner Still Doesn’t Get It

The Spill, The Scandal and the President

Obama Presses for Aid to Cities and States. 50 Billion dollars to solve the local governments fiscal problems. What is there not to like?

Police shoot to kill as thousands flee ethnic slaughter in Kyrgyzstan. This is just at tip of the Iceberg. All indications are that this has gotten really out of hand. They are asking the Russians to help them put a stop to this, but it may be to late.

New York State decides to raid its pension fund.

Seven states will run out of money to pay public pensions by 2020.