Economics»
Unwinding Mess - IndyMac, Freddie Mac, and Fannie Mae (1)
On Friday, the first unavoidable evidence that the credit crunch continues burst forth to center stage. The Office of Thrift Supervision (OTS) and the Federal Depositors Insurance Corporation (FDIC) were forced to take control of IndyMac Bancorp, Inc. IndyMac’s failure marks one of the largest bank failures in history, and is the largest bank failure [...]
Law»
Law and Politics: Where is the Supreme Court? (8)
Without question, this term of the Supreme Court has been a roller-coaster. This term, the Supreme Court overturned the Federal sentencing guidelines, empowered 401(k) holders to sue their employers for mismanagement of their retirement funds, ruled that lethal injection was not cruel and unusual punishment, required voters to present ID before voting, struck down a [...]
Politics»
Allah is offended (by the Pledge of Allegiance?) (4)
Apparently, some Muslims in Oregon don’t like the US Pledge of Allegiance. As a result, at one Oregon elementary school, the kids won’t be allowed to recite it at an end of the year assembly. Principal Pam Wilson of Capitol Hill Elementary sent this email to parents explaining her decision to remove the pledge:
“The [...]
Security»
Leaving Iraq - Will Bush really pull troops out? (0)
President Bush and Iraqi Prime Minister Nouri al-Maliki agreed Friday to include a “general time horizon” for U.S. troop withdrawals as part of a pending bilateral security agreement (SOFA - Status of Forces Agreement), the White House said.
“Improving conditions should allow for the agreements now under negotiation to include a general time horizon for meeting [...]
The RC Blog»
Has the Blog elimintated the Great American Novel? (1)
One of the things I was thinking tonight… with my cigar between my fingers contributing to the carbon footprint of global warming… was have blogs eliminated the “Great American Novel” as the aspiration for America’s writers.
For those that blog, I suspect there is a burning desire to put pen to paper. There are blogs of [...]

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