U.S.
Economy on verge of new foreclosure crisis
August 8, 2009Signaling continued economic distress, Deutsche Bank estimated today that over 50 percent of mortgage holders may owe more than their homes are worth. Already 25 percent of mortgages are now “underwater.” “The percentage of “underwater” loans...
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Hiroshima mayor calls for no nukes
August 8, 2009Original source: Hiroshima's mayor has urged global leaders to back President Barack Obama's call to abolish nuclear weapons as Japan marked the 64th anniversary of the world's first atomic bombing. At a solemn ceremony to commemorate...
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AFL-CIO blasts ‘corporate mobs’ at recess town hall meetings
August 7, 2009The AFL-CIO has called on its union affiliates to defend lawmakers’ health care reform town hall meetings from “corporate…mob rule” in recent days. AFL-CIO President John Sweeney sent out a memo this week outlining a blue...
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Budd Schulberg, screenwriter who named names, could have been a contender
August 7, 2009Hollywood screenwriter Budd Schulberg passed away Wednesday at the age of 95, and the press is filled with obituaries noting his work and commenting on his most famous off-screen moment — as a 'friendly witness' before...
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Judges order big cut in California prison population
August 7, 2009Saying that jamming more than 150,000 inmates into facilities designed for just over half that number has resulted in health care so poor it amounts to cruel and unusual punishment, a panel of three federal judges...
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