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DISASTER News:

    20080925
    NOTEWORTHY News.
    US AMERICAN NewsUSGERMANY News. GERMAN News.GermanyGLOBAL News. WORLD News.GlobalFINANCIAL News. MARKET News. MONEY News.FinancialCRISIS News.CrisisPOLITICS News. POLITICIAN News.Politics
    "Era of U.S. financial dominance at an end: Germany." ... "Germany blamed the United States on Thursday for spawning the global financial crisis with a blind drive for higher profits and said it must now accept more market regulation and a loss of its financial superpower status." ... "In some of the harshest criticism of the United States since the crisis threw Wall Street banks into financial disarray this month, German Finance Minister Peer Steinbrueck said the turmoil would leave "deep marks" on both sides of the Atlantic, but called it primarily an American problem." ... ""The world will never be as it was before the crisis," Steinbrueck told the Bundestag lower house of parliament." ... ""The United States will lose its superpower status in the world financial system. The world financial system will become more multi-polar," he said." ... "The crisis has put the [Republican President] Bush White House, which has long advocated a hands-off approach to markets, on the defensive and forced it to rethink its financial policy." -By Noah Barkin and Kerstin Gehmlich -Reuters via -Yahoo
    ACCOUNTING News. BOOKKEEPER News.
    MONEY News. FINANCIAL News. COMPANIES News.FinancialCRISIS News.CrisisPOLITICS News.PoliticsGOVERNMENT News.Government
    "Bailout Could Deepen Crisis, CBO Chief Says: Asset Sales May Lead to Write-Downs, Insolvencies, Orszag Tells Congress." ... "The director of the Congressional Budget Office said yesterday that the proposed Wall Street bailout could actually worsen the current financial crisis." ... "During testimony before the House Budget Committee, Peter R. Orszag -- Congress's top bookkeeper --said the bailout could expose the way companies are stowing toxic assets on their books, leading to greater problems." ... ""Ironically, the intervention could even trigger additional failures of large institutions, because some institutions may be carrying troubled assets on their books at inflated values," Orszag said in his testimony. "Establishing clearer prices might reveal those institutions to be insolvent."" ... "In an interview later yesterday, Orszag explained using the following example: Suppose a company has Asset X, whose value is recorded on the books as $100. Because of the current economic decline, Asset X's real value has dropped to $50. If the company takes part in the government bailout and sells Asset X for $50, the company has to report a $50 loss on its books. On a scale of millions of dollars, such write-downs could ruin a company." ... "Such companies "look solvent today only because it's kind of hidden," Orszag said. "They actually are insolvent" already, he said." (1, 2) -By Frank Ahrens -WashingtonPost
    ECONOMIC News. FINANCIAL News. EMPLOYERS News. MONEY News.
    JOBLESS News. UNEMPLOYMENT News. LABOR News.JobsHISTORY News.HistoryWEATHER News.WeatherDISASTERS NewsDisastersLOUISIANA News.LouisianaTEXAS News.Texas
    "Jobless claims soar near 7-year high: First economic report since financial meltdown shows initial unemployment claims rose by 7%, boosted by Hurricanes Gustav and Ike." ... "According to a study by the Department of Labor, initial filings for state jobless benefits increased by a seasonally adjusted 32,000 to 493,000 in the third week of September. It was the highest number of weekly claims since Sept. 29, 2001, when unemployment soared in the wake of the Sept. 11 terrorist attacks." ... "The Labor Department said about 50,000 of the new claims were due to the effects of Hurricanes Gustav and Ike. There were 18,400 more claims from the week before in Louisiana alone, and Texas added 1,200." ... "Earlier this month, the government reported that there were 84,000 jobs lost in August, bringing to 605,000 the number of jobs cut from payrolls by U.S. employers in the first eight months of the year." ... "The unemployment rate surged to 6.1% last month, a nearly five-year high and up from 5.7% in July. In the last recession, unemployment reached a high of 6.3%." -By David Goldman -CNN
    20080924
    LAW News.
    JOHN MCCAIN News.John McCainFINANCIAL INDUSTRY News. MONEY News.FinancialDISASTERS NewsDisasterPOLITICS News. POLITICIAN News.PoliticsGOVERNMENT News.GovernmentMASSACHUSETTS News.MassachusettsARIZONA News.Arizona2008 ELECTION News2008 Election
    "Democrats claim Wall St. bailout breakthrough." ... "Democratic [Massachusetts Representative] Rep. Barney Frank said on Wednesday Democrats had reached an agreement to stem one of the worst U.S. financial disasters in decades, and that there would be enough votes to pass the measure and send it to [Republican] President George W. Bush to sign into law." ... "Frank took a dig at [2008 Election] Republican presidential nominee John McCain, who interrupted his campaign to return to Washington on Thursday to help work on a Wall Street bailout." ... ""All of sudden, now that we are on the verge of making a deal, John McCain here drops himself in to help us make a deal, Frank said." ... "He expressed fear that McCain, a U.S. [United States] senator from Arizona who has spent much of the year away from the Capitol campaigning, could end up slowing down work on the bill." ... "The Massachusetts Democrat noted that a meeting on Capitol Hill on Thursday will be interrupted for a "photo op" at the White House with congressional Democrats and Republicans as well as Bush." ... ""We're trying to rescue the economy, not the McCain campaign," Frank said." ... "Democrats blamed the crisis largely on the failure of Bush to adequately regulate the financial industry." (1, 2, 3) -By Richard Cowan and Thomas Ferraro with contributions by Doina Chiacu -Reuters
    HISTORY News.
    SARAH PALIN News.Sarah PalinJOHN MCCAIN News.John McCainMONEY News. FINANCIAL News. COMMERCE News.FinancialCRISIS News.CrisisPOLITICS News. POLITICIAN News.PoliticsGOVERNMENT News.GovernmentLAW News.LawALASKA News.Alaska2008 ELECTION News2008 Election
    "Palin: US could face another Great Depression." ... "[2008 Election] Republican vice presidential candidate Sarah Palin said Wednesday that the United States could be headed for another Great Depression if Congress doesn't act on the financial crisis." ... "Asked whether there's a risk of another Great Depression if Congress doesn't approve a $700 billion bailout package, Palin said, "Unfortunately, that is the road that America may find itself on."" ... "Couric pressed Palin on examples of how McCain, a 26-year congressional veteran, had led the charge for more oversight." ... "The Alaska governor cited [2008 Election Republican Presidential Candidate John] McCain's warnings about Fannie Mae and Freddie Mac two years ago as well as image as a maverick. Questioned again for examples, and reminded that McCain had been chairman of the Commerce Committee, Palin said, "I'll try to find you some and I'll bring them to you."" ... "McCain has insisted Palin is ready to take over as president, but he made no mention of including her in the meetings he wants in Washington to deal with the financial crisis." -By Sara Kugler -AP via -Yahoo
    20080923
    GOVERNMENT News.
    HENRY PAULSON News.Henry PaulsonBANKING News. TREASURY News. FINANCIAL News. MONEY News.FinancialCRISIS News.CrisisPOLITICS News. POLITICIAN News.PoliticsLAWMAKERS News. LEGISLATION News. LAW News.Legislation
    "Bad News For The Bailout: The [Republican President Bush Treasury Secretary Henry] Paulson Plan." ... "At a Senate Banking Committee hearing Tuesday, lawmakers on both sides of the aisle complained of being rushed to pass legislation or else risk financial meltdown." ... "In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy." ... ""It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number."" -By Brian Wingfield and Josh Zumbrun with contributions by Liz Moyer -Forbes
    20080921
    OPINION News.
    JOHN MCCAIN News.John McCainCORPORATE News. MONEY News.CorporateGOVERNMENT News.GovernmentDISASTER NewsDisasterPOLITICS News. POLITICIAN News.PoliticsUS DEBT News.US_DebtHEALTHCARE News.HealthcareSOCIAL SECURTIY News. RETIREMENT News. SENIORS News.Social SecurityRIGHTS News.RightsBOOK News.Book2008 ELECTION News2008 Election
    "Naomi Klein: Financial crisis part of Bush 'shock doctrine'." ... "The bailout of Wall Street’s largest players by the federal government is another example of the [Republican President] Bush administration pursuing a corporate agenda at the expense of average Americans, a prominent author argued on Friday." ... "In a Friday night interview on HBO's Real Time with Bill Maher, Naomi Klein said President Bush’s $700 billion proposal to rescue the financial sector stems from a profiteering streak that has dominated the last eight years." ... ""The disaster is far from over," Klein said. "The disaster was on Wall Street and they have moved the disaster to Main Street."" ... "Referring to the bailout, Klein said the "bomb has yet to detonate" and that the real crisis will strike when tax payers are overwhelmed when faced with the debt from the bailouts." ... "According to Klein, the bomb will detonate if Sen. John McCain becomes president and "rationalizes" that it is necessary to privatize government programs like social security and healthcare because neither the government nor Americans can afford them." ... ""The real disaster has yet to come; the real disaster is the debt that is going to explode on American tax payers," Klein said." ... "Klein’s book, "The Shock Doctrine: The Rise of Disaster Capitalism," outlines how crises, real or perceived, have been used by governments, especially the United States under George W. Bush, to strong-arm a disoriented citizenry into accepting changes to its rights, and its government, that it wouldn't otherwise accept." -By David Edwards and Andrew McLemore -RawStory.com
    WATCH - if you have the Macromedia Flash media player installed.
    WATCH: Naomi Klein on Republican Bush's "Shock Doctrine"
    20080916
    GOVERNMENT News. FEDERAL GOVERNMENT News.
    NOTEWORTHY News.NoteworthyEMERGENCY News.EmergencyMONEY News. FINANCIAL News. INVESTMENT News.MoneyPOLITICS News. POLITICIAN News.PoliticsLEGAL News.LegalHISTORY News.HistoryAIG News: AMERICAN INTERNATIONAL GROUP News.AIG
    "U.S. to Take Over AIG in $85 Billion Bailout; Central Banks Inject Cash as Credit Dries Up: Emergency Loan Effectively Gives Government Control of Insurer; Historic Move Would Cap 10 Days That Reshaped U.S. [Unijted States] Finance." ... "[Under Republican President Bush] The U.S. government seized control of American International Group Inc. -- one of the world's biggest insurers -- in an $85 billion deal that signaled the intensity of its concerns about the danger a collapse could pose to the financial system." ... "The step marks a dramatic turnabout for the federal government, which had been strongly resisting overtures from AIG for an emergency loan or some intervention that would prevent the insurer from falling into bankruptcy. Just last weekend, the government essentially pulled the plug on Lehman Brothers Holdings Inc., allowing the big investment bank to go under instead of giving it financial support. This time, the government decided AIG truly was too big to fail." ... "Under terms hammered out Tuesday night, the Fed will lend up to $85 billion to AIG, and the U.S. government will effectively get a 79.9% equity stake in the insurer in the form of warrants called equity participation notes. The two-year loan will carry an interest rate of Libor plus 8.5 percentage points. (Libor, the London interbank offered rate, is a common short-term lending benchmark.)" ... "The loan is secured by AIG's assets, including its profitable insurance businesses, giving the Fed some protection even if markets continue to sink. And if AIG rebounds, taxpayers could reap a big profit through the government's equity stake." ... "It puts the government in control of a private insurer -- a historic development, particularly considering that AIG isn't directly regulated by the federal government. The Fed took the highly unusual step using legal authority granted in the Federal Reserve Act, which allows it to lend to nonbanks under "unusual and exigent" circumstances, something it invoked when Bear Stearns Cos. was rescued in March." ... "The U.S. on Sept. 6 took over mortgage-lending giants Fannie Mae and Freddie Mac as they teetered near collapse." ... "In bailing out AIG, the Federal Reserve appeared to be motivated in part by worries that Wall Street's financial crisis could begin to spill over into seemingly safe investments held by small investors, such as money-market funds that invest in AIG debt." ... "Indeed, on Tuesday the $62 billion Primary Fund from the Reserve, a New York money-market firm, said it "broke the buck" -- that is, its net asset value fell below the $1-a-share level that funds like this must maintain. Breaking the buck is an extremely rare occurrence. The fund was pinched by investments in bonds issued by now collapsing Lehman Brothers." ... "Money-market funds are supposed to be among the safest investments available. No fund in the $3.6 trillion money-market industry has lost money since 1994, when Orange County, Calif., went bankrupt. A number of money-market funds own securities issued by AIG. The firm is also a big insurer of some money-market instruments." -By Matthew Karnitschnig, Deborah Solomon, Liam Pleven and Jon E. Hilsenrath with contributions by Diya Gullapalli, Serena Ng, Damian Paletta and Ashby Jones-WSJ.com
    20080915
    MONEY News. ECONOMIC News. FINANCYAL News.
    BARACK OBAMA News.Barack ObamaJOHN MCCAIN News.John McCainSARAH PALIN News.Sarah PalinDISASTER NewsDisasterPOLITICS News. POLITICIAN News.PoliticsWORKER News.WorkersCOLORADO News.ColoradoARIZONA News.ArizonaALASKA News.Alaska2008 ELECTION News2008 Election
    "Obama blames Wall St. crisis on Republican policy." ... "[Obama on McCain:] "In 19 months he [2008 Election Republican Presidential Candidate John McCain] has not named one thing he would do differently from this [Republican President Bush] administration on the central issue of this election," [2008 Election Democratic Presidential Candidate Barack] Obama said of McCain. "Not one thing. And we know that if we go down that path, that the next four years will look exactly like the last eight."" ... ""Can you afford to take a chance on someone who's voted against the minimum wage 19 times," Obama asked a crowd of thousands under a blazing sun at a rally in western Colorado at the start of a swing through contested Western states. "When it was $4, he was against it, when it was $5 he was against it, when it was $6 he was against it."" ... "Charging that McCain was out of touch, Obama said, "He doesn't get what's happening between the mountains in Sedona [Arizona] where he lives and the corridors of power where he works. Why else would he say that we've made great progress economically under George Bush. Why else would he say that the economy isn't something he understands as well as he should." ... ""Why else would he say, today of all days, just a few hours ago — think about this, we just woke up to news of financial disaster — and this morning he said that the fundamentals of the economy are still strong. Sen. McCain, what economy are you talking about?"" ... "He also took a little poke at McCain's running mate, [Alaska Republican Governor] Gov. Sarah Palin, raising the "Bridge to Nowhere" in Alaska that she initially supported and later opposed. Saying that McCain had put some lobbyists in key roles of his campaign, Obama said, "If you think those lobbyists are working day and night for John McCain just to put themselves out of business, well I've got a bridge to sell you up in Alaska."" -By Terence Hunt -AP via -Yahoo
    20080831
    OPINION News.
    JOHN MCCAIN News.John McCainJOE BIDEN News.Joe BidenBARACK OBAMA News.Barack ObamaHILLARY CLINTON News.Hillary Clinton2005 HURRICANE KATRINA EMERGENCY News.Hurricane KatrinaWEATHER News.WeatherEMERGENCY News. DISASTER News.EmergencyINVESTIGATION News.InvestigationLEGISLATION News. LAW News.LegislationPOLITICS News. POLITICIAN News.PoliticsHISTORY News.HistoryFEDERAL News.FederalNY News: NEW YORK News.NYNEW ORLEANS News. New Orleans Louisiana News.New OrleansLOUISIANA News.LouisianaCOMMUNICATIONS News.CommunicationsMONEY News.FundsCHILDREN News.ChildrenTRANSPORT News.Transportation2008 ELECTION News2008 Election
    "McCain To Katrina Victims In 2005: You're On Your Own." ... "It doesn’t really come as a surprise to those of us who have watched [2008 Election Republican Presidential Candidate] John McCain over the years that he's about to make a campaign stop in New Orleans [Louisiana] after Hurricane Gustav hits this week. After all, he's been exploiting the troops for years, what's a few hurricane victims after that?" ... "What does seem odd is that McCain thinks Gulf Coast residents will forget how he, [Republican President] George W. Bush and the then-Republican Congress turned their backs on them so many times in the months after Katrina thundered ashore in 2005." ... "Too bad he spent the months to follow leading the Republican charge against every Senate bill that would have actually helped Katrina victims or mandated investigations on how the Bush administration could have blown disaster response so thoroughly." ... "[2008 Election] Democratic Vice Presidential nominee Joe Biden jumped immediately to the aid of hurricane victims in the week after the 2005 disaster, authoring S.Amdt. 1661 "…to provide emergency funding for victims of Hurricane Katrina."" ... "Biden's legislation would have provided many things including money to purchase interoperable communications equipment to help first-responders dealing with the disaster, $10 million "to find, unite, and transport children impacted by Hurricane Katrina to their parents, legal guardian, or next of kin" and funding to assist victims of domestic violence in affected areas." ... "But with John McCain's help, the Republican-led Senate shot down the funding on a 41-56 vote with McCain voting against, while Biden and Democratic Presidential nominee Barack Obama voted for the funding." ... "When [New York Democratic] Senator Hillary Clinton (D-NY[ Democratic-New York]) proposed the creation of a Congressional Commission to "examine the Federal, State, and local response to the devastation wrought by Hurricane Katrina.. and make immediate corrective measures to improve such responses in the future," John McCain was once again exactly where [Republican President] George W. Bush wanted him to be: On the "nay" side of a straight party-line vote (44-54) that killed that legislation." ... "And lest you think it was McCain taking a stand against what might become a Democratic witch hunt on the failures of his bosses in the White House, the bill called for a wholly bipartisan panel, stating specifically of the 10-member group that "not more than 5 members of the Commission shall be from the same political party."" ... "Unlike McCain, Barack Obama was one of the cosponsors of that bill and both he and Biden voted for immediate oversight on the bungled Katrina response." ... "But that's not all." -By Bob Geiger
    20080806
    OPINION News.
    HILLARY RODHAM CLINTON News.Hillary Rodham ClintonDICK CHENEY News.Dick CheneyHALLIBURTON News. KBR News. HALLIBURTON KBR News.Halliburton KBRBLACKWATER News.BlackwaterCORPORATIONS News. INC News. FISCAL News. MONEY News.CorporateFEDERAL GOVERNMENT News.GovernmentCRISIS News. DISASTER News.DisasterPOLITICIAN News. POLITICAL News.PoliticsMILITARY News.MilitaryPEOPLE News.PeoplesHEALTH News.HealthINVESTIGATORS News.InvestigatorsHURRICANE KATRINA DISASTER News.Hurricane KatrinaHOUSING News.HousingUS AMERICAN News.USIRAQ News.IraqCAYMAN ISLANDS News.Cayman Islands
    "No Crisis Is Immune From Exploitation Under Bush." ... [By HILLARY RODHAM CLINTON:] "Tucked away on the Cayman Islands sits Ugland House, an unassuming, nondescript building of modest scale and size. However, according to a recent report by the Government Accountability Office (GAO), this five-story office building is home to more than 18,000 corporate entities, nearly half of which have U.S. [United States] ties." ... "In the past few years, the number of corporations flocking to places like the Cayman Islands to evade U.S. taxes has exploded. One of these companies, [Republican Vice President Dick Cheney's] former Halliburton subsidiary KBR, has used offshore tax havens to avoid paying hundreds of millions of dollars in federal taxes. To no one's surprise, instead of cracking down on KBR, the [Republican President] Bush administration has rewarded the company in April of this year with a 10-year, $150 billion contract in Iraq." ... "There appears to be no crisis, tragedy or disaster immune from exploitation under the Bush administration. The examples of the waste, fraud and abuse are legion -- from KBR performing shoddy electrical work in Iraq that has resulted in the electrocution of our military personnel according to Pentagon and Congressional investigators, to the firing of an Army official who dared to refuse a $1 billion payout for questionable charges to the same company. In another scam, the Pentagon awarded a $300 million contract to AEY, Inc. [Incorporated], a company run by a 22-year-old who fulfilled an ammunition deal in Afghanistan by supplying rotting Chinese-made munitions to our allies." ... "But the fraud and waste are not limited to the war. In the weeks after Hurricane Katrina, for example, FEMA [Federal Emergency Management Agency] awarded a contract worth more than $500 million for trailers to serve as temporary housing. The contractor, Gulf Stream, collected all of its money even though they knew at the time that its trailers were contaminated with formaldehyde." ... "While touting fiscal responsibility, [Republican] President Bush and his administration have lined the pockets of political cronies like Halliburton and Blackwater. While calling for earmark reform, the president has allowed no-bid and questionable contracting throughout the federal government to dwarf earmark spending by a 10-to-1 ratio." -By Hillary Rodham Clinton -WSJ.com
    20080728
    NOTEWORTHY News.
    JIM ADKISSON News. TENNESSEE TERRORIST JIM DAVID ADKISSON News.Jim AdkissonPEOPLE News.PeopleEMERGENCY News.EmergencyCHURCH News. RELIGION News.ChurchTERRORISM News.TerrorismPOLITICS News.PoliticsPOLICE News.PoliceLAW News.LawTENNESSEE News.Tennessee
    "Witnesses recall Knoxville church shooting horror: ‘He had gun leveled in our direction,’ says man who helped stop rampage." ... "Jamie Parkey thought the blast that ripped through the sanctuary of the Tennessee Valley Unitarian Universalist Church was part of the play his daughter and other children were putting on. Then he saw blood on another parishioner behind him and saw a man with a 12-gauge shotgun calmly firing away at the congregation." ... "“He had the gun leveled in our direction,” Parkey told TODAY’s Matt Lauer on Monday, one day after the gunman killed two church members and wounded six others before being wrestled to the ground by parishioners. “That’s when I pushed my mother and daughter to the floor and got under the pew. When I saw the men rushing him was when I got up to join them.”" ... "Parkey was one of the people who tackled 58-year-old Jim D. Adkisson, kicking the shotgun away and holding the gunman on the floor with an arm-bar hold. Parkey’s 16-year-old daughter was in the play, and he had been sitting in the front of the church with his mother and his 6-year-old daughter when the attack began." ... "“For the situation, everyone responded phenomenally,” Parkey said. “June and Kevin Spooner mobilized and got the kids out the back.” Vicki Masters, the director of the play the children had been rehearsing for all summer, yelled for people to get out of the building. Another woman ushered children to the Presbyterian church next door after the gunman was subdued." ... "“Everybody did exactly what they needed to do,” Broyles added. “There was very little panic, very little screaming or hysteria. It’s a remarkable congregation of people. I’ve never seen such a loving response to such an overwhelming tragedy.”" ... "Adkisson is being held in lieu of $1 million bail while local police, with the assistance of FBI agents, gather evidence and search his home in a neighboring town. Police say they found a letter in Adkisson’s car which said that he planned the attack, that he couldn’t find a job, and “stated his hatred for the liberal movement.”" -By Mike Celizic -TODAYShow.com -MSNBC
    20080619
    POLITICS News. POLITICIAN News.
    JOHN MCCAIN News.John McCainBARACK OBAMA News.Barack ObamaIOWA News.IowaFLOOD News. WATER News.FloodDISASTER News.DisasterLAW News.LawLAW ENFORCEMENT News.Enforcement2008 ELECTION News2008 Election
    "Culver aides: McCain ignored request to cancel Iowa visit." ... "An aide to [Iowa Democratic Governor] Gov. Chet Culver said Thursday that [2008 Election] Republican presidential candidate John McCain ignored the governor's request to cancel a campaign visit amid a massive flood recovery effort in the state." ... "Patrick Dillon, Culver's chief of staff, said the governor was concerned that McCain's trip would divert local law enforcement from the flood recovery effort to provide security for McCain." ... "[2008 Election] Democratic presidential candidate Barack Obama canceled a scheduled visit to eastern Iowa last week at the request of state officials." -By Mike Glover -AP via -Google
    FLOOD News. WATER News. Streams and Creeks News. Flood Plains News. FLOODING News. RAIN News.
    DISASTER NewsDisasterENVIRONMENT News. NATURE News.EnvironmentHUMAN News.HumanAGRICULTURE News.AgricultureLAND News. LANDSCAPE News.LandSCIENCE News.ScienceIOWA News. IOWAN News.IowaHISTORY News.HistoryWEATHER News.Weather
    "Iowa Flooding Could Be An Act of Man, Experts Say." ... "[Cedar Falls, Iowa college professor and City Council member Kamyar] Enshayan, director of an environmental center at the University of Northern Iowa, suspects that this natural disaster wasn't really all that natural. He points out that the heavy rains fell on a landscape radically reengineered by humans. Plowed fields have replaced tallgrass prairies. Fields have been meticulously drained with underground pipes. Streams and creeks have been straightened. Most of the wetlands are gone. Flood plains have been filled and developed." ... ""We've done numerous things to the landscape that took away these water-absorbing functions," he said. "Agriculture must respect the limits of nature."" ... "Officials are still trying to understand all the factors that contributed to Iowa's flooding, and not everyone has the same suspicions as Enshayan. For them, the cause was obvious: It rained buckets and buckets for days on end. They say the changes in land use were lesser factors in what was really just a case of meteorological bad luck." ... "But some Iowans who study the environment suspect that changes in the land, both recently and over the past century or so, have made Iowa's terrain not only highly profitable but also highly vulnerable to flooding." ... "" (1, 2) -By Joel Achenbach with contributions by Kari Lydersen -WashingtonPost
    20080614
    DISASTER News.
    FLOOD News. RIVER News. WATER News. Drinking Water News.FloodIOWA News.IowaDES MOINES News: Des Moines Iowa News. Iowa State Capital: Des Moines, IA News.Des-MoinesILLINOIS NewsIllinoisHISTORY News.History -HEALTH News.Health
    "Thousands Flee Rising Waters In Iowa, Ill.: Breaking Levees Flood Des Moines [Iowa's capital], Western Ill. [Illinois]; Streets In Cedar Rapids [Iowa] May Be Underwater For Two Weeks." ... "Days after it rose out of its banks on its way to record flooding in Cedar Rapids, the Cedar River has forced at least 24,000 people from their homes, emergency officials said Saturday." ... "The bleak news came as swollen rivers breached levees in the state capital, Des Moines, and in far western Illinois, leading to the evacuation of hundreds more homes." ... "Officials guess it will be four days before the Cedar River drops enough for workers to even begin pumping out water that has submerged at least 438 blocks, threatened the Cedar Rapids drinking water supply and forced the evacuation of a downtown hospital." ... "The Cedar River crested Friday night at nearly 32 feet, 12 feet higher than the old record set in 1929." (1, 2) -AP -CBSNews
    20080518
    OPINION News.
  • WATCH - if you have the Macromedia Flash media player installed.WATCHJOHN MCCAIN News. 2008 Election Republican Presidential Candidate John Sidney McCain III News.John McCainIRAQ News.IraqMILITARY News.MilitaryDISASTER NewsDisasterHURRICANE KATRINA News, HURRICANE KATRINA DISASTER 2005.Hurricane KatrinaNEW ORLEANS News. New Orleans Louisiana News.New OrleansLOUISIANA News.LouisianaUS AMERICAN NewsUSECONOMY News.EconomyPOLITICS News. POLITICIAN News.PoliticsAUTHOR News. BOOK News.AuthorVIDEO News. TV News.MEDIA News.Media2008 ELECTION News2008 Election - "McCain's YouTube Problem Just Became a Nightmare." [2008 Election Republican Presidential Candidate John McCain]
  • [John McCain]
    JOHN MCCAIN YouTube Video.
    [YouTube Video]
    "According to Cliff Schecter, author of The Real McCain: Why Conservatives Don't Trust Him And Why Independents Shouldn't: "It is dangerous for a democracy when a presidential candidate can lie with impunity, change positions on a whim, and physically and verbally threaten others and virtually none of it is reported by a besotted media eagerly awaiting the next moment when he might slap their backs in friendship." -TheRealMcCain.com -BraveNewFilms.org
    20080511
    DISASTER News.
  • JOHN MCCAIN News.John McCainDCI GROUP News.DCI GroupBURMA News. MYANMAR News.Burma (Myanmar)MILITARY News.MilitaryMONEY News.MoneyPOLITICIAN News. POLITICAL News.PoliticsPEOPLE News.PeopleHUMAN RIGHTS News.Human RightsWEATHER News.WeatherDISASTERS NewsDisasterARIZONA News.ArizonaUS AMERICAN News.US2008 ELECTION News2008 Election - "Two McCain Aides With Ties to Burma Junta Resign." ... "ABC News’ Jan Simmonds reports: Two of [2008 Election Republican Presidential Candidate and Arizona Senator] Sen. John McCain' campaign aides resigned this weekend after media reports brought to light their ties to a lobbying group [DCI group] that once represented the military junta of Burma, which the regime calls Myanmar." ... "The aides, Douglas Goodyear, who was tapped as the GOP Convention Coordinator, and Doug Davenport, a regional manager focusing on the mid-Atlantic states, both worked for DCI. The firm was hired in 2002 to represent Burma’s military junta to try to begin a dialogue of political reconciliation with the United States." ... "The Burmese government has been strongly condemned by the State Department for its human rights record and has in recent days aroused an international outcry for its handling of the relief efforts in wake of a cyclone that according Oxfam [charity] could eventually claim 1.5 million lives if food, clean water and medical supplies are not rushed in to the devastated region. Relief agencies and governments that have offered assistance, including the United States, say the regime has frustrated their attempts to help the survivors of the disaster, tying up visa applications for aide workers in bureaucratic red tape and not allowing shipments of food and medical supplies into the country." -ABCNEWS.com
  • 20080502
    NOTEWORTHY News.
  • STEPHEN JOHNSON News. Republican President Bush's Environmental Protection Agency Administrator Stephen L Johnson News.Stephen JohnsonCORPORATE News.CorporateGOVERNMENT News. FEDERAL News.GovernmentPOLITICS News. POLITICIAN News.PoliticsFETAL News. PARENTS News.FetalHUMAN News.HumanHEALTH News.HealthSCIENCE News.ScienceENVIRONMENTAL News. Environmental Protection Agency News.EnvironmentalSAFETY News.SafetyENFORCEMENT News. LAW ENFORCEMENT News.EnforcementEMERGENCY News.EmergencyWILDLIFE News. ANIMAL News.WildlifeSOIL News. EARTH News.SoilWATERWAYS News. WATER News. LAKE News.WaterLAW News. ATTORNEY News.LawMANUFACTURING News. MANUFACTURING PLANT News.ManufacturingHISTORY News.HistoryMICHIGAN News.MichiganILLINOIS NewsIllinois - "EPA's top Midwest regulator forced out: Mary Gade, based in Chicago [Illinois], says [Republican President] Bush administration made her quit over Dow Chemical case." ... "The Bush administration forced its top environmental regulator in the Midwest to quit Thursday after months of internal bickering about dioxin contamination downstream from Dow Chemical's world headquarters in Michigan." ... "In an interview with the [Chicago] Tribune, Mary Gade said two top officials at the U.S. [United States] Environmental Protection Agency headquarters in Washington stripped her of her powers as regional administrator and told her to quit or be fired by June 1." ... "Gade said she had told the agency she would resign her position, based in Chicago [Illinois]." ... "For the past year, Gade has been locked in a heated dispute with Dow about long-delayed plans to clean up dioxin-saturated soil and sediment that extends 50 miles beyond its Midland, Mich. [Michigan], plant into Saginaw Bay and Lake Huron." ... "Gade, a former corporate attorney appointed by Bush in September 2006, invoked emergency powers last year to force Dow to clean up four hot spots of dioxin, including the largest amount of the cancer-causing chemical ever recorded in the United States." ... "In January, Dow urged officials at the EPA's [Environmental Protection Agency's] headquarters to intervene after Gade broke off negotiations intended to renew the terms for a more comprehensive cleanup. Neither side would reveal details, citing confidentiality agreements, but Gade said Dow resisted taking steps needed to protect human health and wildlife." ... "Though regional EPA administrators typically have wide latitude to enforce environmental laws, Gade drew fire from officials in Washington last month after she sent contractors to test soil in a Saginaw [Michigan] neighborhood where Dow had found high dioxin levels." ... "She said top lieutenants to Stephen Johnson, the national EPA administrator, repeatedly questioned her aggressive action against Dow, which long ago acknowledged it is responsible for the dioxin contamination but has resisted federal and state involvement in cleanup plans." ... "Dow dumped dioxin-contaminated waste into the waterways for most of the last century. The chemical, which is so toxic that it is measured in trillionths of a gram, was a manufacturing byproduct of the Vietnam-era herbicide Agent Orange and other chlorinated herbicides." ... "Company documents show Dow knew by the mid-1960s that it could make people sick or even kill them." ... "Citing years of independent studies, the EPA says dioxin can cause cancer, disrupt the immune system and alter fetal development." ... ""We have a responsibility to make sure people are living in a healthy and safe environment," Gade said. "This problem has been out there for more than 30 years, and it's unconscionable that action hasn't been taken."" (1, 2) -By Michael Hawthorne -ChicagoTribune 
  • 20080414
    FOOD News. Rice News. Wheat News. Bread News.
  • EMERGENCY News.EmergencyMONEY News. MARKETS News. FINANCE News. ECONOMY News.EconomyPOLITICS News.PoliticsHAITI News. HAITIAN News.HaitiBANGLADESH NewsBangladeshEGYPT News.EgyptUS AMERICAN NewsUnited StatesWORLD News. GLOBAL News. INTERNATIONAL News.WorldPOOR News. POVERTY News.PoorPEOPLE News.PeopleHISTORICAL News.HistoricalUN News: United Nations News.CHILDREN News.ChildrenHEALTH News.HealthINTELLECTUAL News. PSYCHOLOGY News.Mind - "Riots, instability spread as food prices skyrocket." ... "Riots from Haiti to Bangladesh to Egypt over the soaring costs of basic foods have brought the issue to a boiling point and catapulted it to the forefront of the world's attention, the head of an agency focused on global development said Monday." ... ""This is the world's big story," said Jeffrey Sachs, director of Columbia University's Earth Institute." ... ""The finance ministers were in shock, almost in panic this weekend," he said on CNN's "American Morning," in a reference to top economic officials who gathered in Washington. "There are riots all over the world in the poor countries ... and, of course, our own poor are feeling it in the United States."" ... "World Bank President Robert Zoellick has said the surging costs could mean "seven lost years" in the fight against worldwide poverty." ... ""The international community must fill the at least $500 million food gap identified by the U.N.'s [United Nations] World Food Programme to meet emergency needs," he said. "Governments should be able to come up with this assistance and come up with it now."" ... ""In just two months," Zoellick said in his speech, "rice prices have skyrocketed to near historical levels, rising by around 75 percent globally and more in some markets, with more likely to come. In Bangladesh, a 2-kilogram bag of rice ... now consumes about half of the daily income of a poor family."" ... "The price of wheat has jumped 120 percent in the past year, he said -- meaning that the price of a loaf of bread has more than doubled in places where the poor spend as much as 75 percent of their income on food." ... ""This is not just about meals forgone today or about increasing social unrest. This is about lost learning potential for children and adults in the future, stunted intellectual and physical growth," Zoellick said." -CNN 
  • 20080331
    JOBS News. Layoffs News. Unemployment News.
  • GOVERNMENT News.GovernmentFOOD News. Food Stamps News.FoodPEOPLE News.PeopleFAMILIES News.FamiliesPOVERTY News.PovertyDISASTERS News.DisastersFUEL News.FuelECONOMIC News. PRICE News. MONEY News. FISCAL News.PricesPOLITICS News.PoliticsHISTORY News.History - "As Jobs Vanish and Prices Rise, Food Stamp Use Nears Record." ... "Driven by a painful mix of layoffs and rising food and fuel prices, the number of Americans receiving food stamps is projected to reach 28 million in the coming year, the highest level since the aid program began in the 1960s." ... "The number of recipients, who must have near-poverty incomes to qualify for benefits averaging $100 a month per family member, has fluctuated over the years along with economic conditions, eligibility rules, enlistment drives and natural disasters like Hurricane Katrina, which led to a spike in the South." ... "But recent rises in many states appear to be resulting mainly from the economic slowdown, officials and experts say, as well as inflation in prices of basic goods that leave more families feeling pinched. Citing expected growth in unemployment, the Congressional Budget Office this month projected a continued increase in the monthly number of recipients in the next fiscal year, starting Oct. 1 — to 28 million, up from 27.8 million in 2008, and 26.5 million in 2007." ... "The percentage of Americans receiving food stamps was higher after a recession in the 1990s, but actual numbers are expected to be higher this year." -By Erik Eckholm -NYTimes 
    NOTEWORTHY News.
  • FOOD News. GRAIN News. WHEAT News. Dairy and Meat News. Food and Agriculture News.FoodCRISIS News. DISASTER News.CrisisWORLD News. GLOBE News. NATIONS News. COUNTRIES News.WorldPEOPLE News.PeopleFARMERS News. FARM News.FarmersLAND News.LandFUEL News.FuelINVESTMENT MONEY News. PRICES News. WEALTH News.MoneyPOLITICS News.PoliticsHISTORY News.HistoryWEATHER News.WeatherDROUGHT News. WATER News.DroughtCHINA NewsChinaUN News: United Nations News.UN - "Tensions rise as world faces short rations." ... "Food prices are soaring, a wealthier Asia is demanding better food and farmers can't keep up. In short, the world faces a food crisis and in some places it's already boiling over." ... "Around the globe, people are protesting and governments are responding with often counterproductive controls on prices and exports -- a new politics of scarcity in which ensuring food supplies is becoming a major challenge for the 21st century." ... "Plundered by severe weather in producing countries and by a boom in demand from fast-developing nations, the world's wheat stocks are at 30-year lows. Grain prices have been on the rise for five years, ending decades of cheap food." ... "Drought, a declining dollar, a shift of investment money into commodities and use of farm land to grow fuel have all contributed to food woes. But population growth and the growing wealth of China and other emerging countries are likely to be more enduring factors." ... "World population is set to hit 9 billion by 2050, and most of the extra 2.5 billion people will live in the developing world. It is in these countries that the population is demanding dairy and meat, which require more land to produce." ... "In 2007 alone, according to the U.N. [United Nations] Food and Agriculture Organization's world food index, dairy prices rose nearly 80 percent and grain 42 percent." [see also: Agflation] (1, 2, 3, 4, 5) -By Russell Blinch and Brian Love with contributions by Ayesha Rascoe, Missy Ryan, Alistair Thomson, Ho Binh Minh and Eddie Evans -Reuters 
  • 20080219
    LAW News. SUPREME COURT News. JUSTICES News. LAWSUITS News.
  • CORPORATE News. MONEY News. BUSINESSES News.CorporateGOVERNMENT News.GovernmentPOLITICS News.Politics2005 HURRICANE KATRINA EMERGENCY News.Hurricane KatrinaFLOOD News. WATER News.FloodDISASTER News, Emergency News.DisasterNEW ORLEANS News. New Orleans Louisiana News.New OrleansLOUISIANA News.LouisianaUNIVERSITY News.UniversityHOMES News.Homes - "Supreme Court rejects Katrina victims' flood insurance case." ... "The Supreme Court refused Tuesday to offer help to Hurricane Katrina victims who want their insurance companies to pay for flood damage to their homes and businesses." ... "The justices rejected appeals from Xavier University [in New Orleans, Louisiana] and 68 other individuals and businesses seeking to allow their lawsuits against the insurers to go forward." -AssociatedPress 
  • 20080214
    HEALTH News.
  • PEOPLES News.PeoplesTRAILERS News. HOUSING News. HOUSE News.HousingSAFETY News.SafetyEMERGENCY News.EmergencyPOLITICS News. POLITICIAN News.PoliticsGOVERNMENT News. FEDERAL News.GovernmentSCIENCE News.ScienceINVESTIGATORS News.InvestigatorsCENSORSHIP News.CensorshipHURRICANE KATRINA News.Hurricane KatrinaHURRICANE RITA News, HURRICANE RITA 2005.Hurricane RitaWEATHER News.Weather - "CDC Confirms Health Risks to Occupants of Trailers." ... "Federal health officials have confirmed that high levels of formaldehyde gas pose health risks to hurricane victims housed in 38,000 government trailers on the Gulf Coast, and will recommend that occupants be moved before temperatures rise this spring and summer, [Republican President] Bush administration officials disclosed yesterday." ... "The findings cap nearly two years of internal government deliberation over the housing of hurricane Katrina and Rita survivors in the trailers, and come 23 months after FEMA [Federal Emergency Management Agency ] first received reports of health problems and test results showing formaldehyde levels at 75 times the U.S.[United States]-recommended workplace safety threshold." ... "[Mississippi Democratic Representative] Rep. Bennie Thompson (D-Miss.), chairman of the House Homeland Security Committee, criticized what he depicted as the [Repblican President] Bush administration's tardy response." ... "FEMA announced plans in July to test the occupied trailers after congressional investigators accused it of suppressing internal warnings about the problem. Testing finally began in late December." -By Spencer S. Hsu -WashingtonPost
  • 20080206
    WEATHER News.
  • EMERGENCY News.EmergencyTENNESSEE News.TennesseeALABAMA News.AlabamaKENTUCKY News.Kentucky