Saturday - February 28th, 2009 - IEA: Oil Capacity Crunch By 2013, Dow Loses 11.72% In February, Southeast and Mid-Atlantic To See Big Rain/Snow Today

His 15 minutes of fame are now up: "Joe" the "Plumber" attracts 11 to book-signing. Sells 5 books.

The US Housing Chart Accounting For Inflation Since 1890

Selling the Invasion of Privacy Fight: "In this corner wearing blue trunks . . . Big Brother! In the other corner wearing red trunks . . . Anti-Christ!"






Fort Worth, Texas: A former sheriff and several ex-jailers were among 17 people named Friday in a 106-count indictment on charges ranging from having sex with inmates to bringing them drugs at a now-closed county jail

End to Baghdad's 'dark era': Nightclubs reopen

Afghan official estimates there are 10,000 - 15,000 Taliban fighting in the country

Rocky Mountain News publishes for the last time yesterday

Governor Schwarzenegger declares emergency, considers water rationing for drought hit California

From Tons of Manure, a Growth Industry

Clueless on Wall Street: Trickle down theorist and "Goldilocks Economy" cheerleader, Lawrence Kudlow, crying over red ink supposedly brought on by Obamanomics
Bold Economic plan sweeps away Reagan ideas

Fed Officials Weighing ‘Exit Strategy’ for End of Recession

Renters wealthier than homeowners?

Jeffrey Immelt Faces More ‘Hours of Doom’ With GE Dividend Cut

Bank of America Loans Valued at $44 Billion Less Than Books Say





International Energy Agency says oil capacity crunch looms at end of 2013
Next oil shock will be worse than $147 a barrel

Berkshire Profit Plunges 96% on derivatives attached to Stock Market Bets
Warren Buffet: "The economy will be in shambles throughout 2009 -- and for that matter, probably well beyond."

Alan Abelson in Barron's this weekend: What's In A Name: The "Contained Depression", The Not-So Great Depression

The pan-European Stoxx 600 index posted a nearly 10% drop for the month of February

Dow Industrials lose 11.72% for the month of February 2009, the worst percentage loss for the month since 1933





President Obama's tells Marines at Camp Lejeune yesterday, "“Let me say this as plainly as I can: By August 31, 2010, our combat mission in Iraq will end."

Pakistan’s Political Rift May Pose Test for Obama

NYT: Sharper Downturn Clouds Obama Spending Plans

Wal-mart worker who says he "couldn't take it anymore" sets himself on fire in store's parking lot, dies

Microsofts Windows 7 RC has 36 new changes

You stop, girl! People Mag says Rihanna has hooked up with Chris Brown again

Chicago Man Arrested for Allegedly Targeting Obama and his staff With HIV-Infected Blood sent through the U.S. Postal Service

Drought emergency declared in California




Big rainfall and snow coming to the Southeast and Mid-Atlantic today

Friday - February 27, 2009 - Why the Japanese Hate The iPhone, The Burst Housing Bubble Has Not Cured Housing, 2nd Maryland Teen Flu Death, Carnival

Why the Japanese hate the iPhone

Can talk of a Depression lead to one?

Boomers' singing "Bye-bye American Home Equity Retirement Pie"

Rising costs causing small businesses to drop health plans for employees

Layoffs: JP Morgan Chase to cut 14,000 jobs as it braces for losses

New rules, crowded market tie down young homeowners who no longer have a "Plan B"

John Mauldin says Europe's Crisis: Much Bigger Than Subprime, Worse Than U.S.

The Hard Luck Stories Heard At Pawn Shops

Wells Fargo suspends bonuses for top executives

The Sacramento Bee: "Renting Has Seldom Looked So Good"

FDIC says bank failures are rising more quickly

NYT: "Failing Upward At The Fed"

Fannie to suck $15.2 Billion more out of Treasury teat after posting $25.2 Billion loss for last Quarter

Key West Citizen Editorial: Burst bubble has not cured housing crisis

GDP Revision: Q4 GDP Declined at 6.2%

New-Home Sales in U.S. Plunge to Record-Low 309,000

Boston area is back to the future with real estate prices

Despite the Crash in Prices, Affordable Housing Still Lacking

Dr. Housing Bubble: 19 Qualifying Financial Institutions Each with $100 billion or more Assets Compete to Steal More Money From you. Who Will Win? Not you!

The Stressfree Stress Test (Must see charts from the Fed)

Durable Goods Orders Plunge; Weekly Claims Soar

Time: The Faces Behind Foreclosures





2nd Maryland teen dies from flu: health officials recommend shots

Police arrest gang member who purportedly used assault rifle in murder of 3 South Chicago teens last week

Former FBI agent accused of murdering couple execution style while their baby slept in the backseat

Dumbass drug users of the week: cop waiting to use public restroom smells crack and arrests miscreants

19 year old girl severly burned after using gasoline as a cure for her head lice

Male American nurse posing as teenage girl charged with coaxing depressed Candian girl to hang herself via webcam

Georgia Bureau of Investigation busts 4 member "Suicide Ring"

Alabama funeral director accused of leaving corpse in hearse to rot since 2007 as payment was not made

Alan Taylor's Big Picture Blog looks at "Carnival" (40 photos total)

Turkish Airlines plane had repairs days just before its accident in the Netherlands

Most unfortunate names in Great Britain are revealed

Bangladeshi troops search mass grave for 40 bodies of officers killed by 200 mutineers

How long can the Irish "hold it"? Ryanair mulls charge for toilets

Europe Unemployment at Two-Year High; Inflation Slows

Hungary seeks $230 Billion EU package to aid Eastern Europe

President Obama is expected to announce the witdrawal of U.S. troops in Iraq by 2010

Tax breaks to end for oil and gas companies in America?







President Obama's $3.55 trillion plan for 2010 that would start to alter the course of American government dramatically
Obama's budget is the End of An Era

The Obama administration is looking for a way to prop up struggling auto-parts suppliers, possibly through a lending facility to centralize aid to hundreds of companies

The U.S. economy shrank in the fourth quarter at an even faster pace than previously estimated as companies trimmed inventories and exports sank

CEO of Bank of America subpoenaed by A.G. of NY State to turn over records of Merrill Lynch execs who received $3.6 Billion in bonuses after the two companies merged

Standford Financial President Laura Pergrast-Holt arrested by FBI on Obstruction of Justice charges in $8 Billion fraud investigation

Citigroup gets 3rd bailout as U.S. converts $25 Billion of prefered shares

Senate panel to review CIA programs under Bush

Could RNB singer Chris Brown end up in jail for assaulting Rihanna?

Octupus floods Santa Monica Pier Aquarium by adjusting valve in her tank over the weekend

New job for ex-cons: act as coach and jailhouse adivisor to the newly incarcerated white collar slime who took part in America's Ponzi Economy

Thursday - February 26, 2009 - The Next Meltdown . . . Insurers?,World's Biggest Stingray Caught and Released (Photo), Jobless Claims Hit 26 Year High

GM reports larger than expected loss in the fourth Quarter of $9.6 Billion. Will need more bailout this year

Bankruptcy Law may be modified to give judges more power to modify primary home mortgages

The next big meltdown . . . Insurers?

Food aid sign ups flood Massachusetts

President Obama Proposes Up to $750 Billion More for Bank Aid

6th Month Straight: Factory Orders Continue To Fall

Miami Back to Historic Price to Rent Ratio? Think Again

"Oldest English Words" indentified

Fish fossil clue to origin of sex (video included)

Requiem for newspapers masks opportunities

Royal Bank of Scotland unveils $34.2 billion loss, will slash costs



Record breaking 771 pound pregnant stingray caught in Thailand, DNA samples taken, then released

Thousands protest election ban on Pakistani opposition leaders

Ancient Statue Found at Egypt Pyramids

President Obama will propose further tax increases on the affluent to help pay for his promise to make health care more accessible and affordable

Romania Shrugs Off Reminder of Its Past

It's the calories, not what you eat, which leads to weight gain

Jobless claims spike to 26 year high

The economy's worst may be past

Retirees eye the golden years with wary eyes




Two Arizona 16 year old girls accused of pimping other girls

Milky Way Galaxy may be full "Earths"

Will anyone watch the "Watchmen"?

Man says bogus conviction leaves him without wife, job






Record drop in home prices caps grim year

Octomom is afraid she won't get her kids back

Florida professor, wife accused of stealing money from NASA

US is a vast arms bazaar for Mexican Drug Gangs and Cartels

Obama Proposes $634 Billion Fund For Health Care To Be Paid Over The Next Decade

Bernanke says the recovery will take years

Mexican Peso falls near record low amid US Recession concerns

Internet message boards light up making fun of Bobby Jindal's response to President Obama's speech
Gov. Bobby Jindal's volcano remark has some fuming

Mortgage Plan Aids Liars About Income, Amherst Says

Citigroup Inc., the New York-based bank bailed out by the U.S. for $52 billion, plans to sell its stake in Brazilian credit card processor Redecard SA through a public offering, according to a securities filing

Wednesday - February 25, 2009 - "We Will Rebuild, We Will Recover", McDonald's McScrews Hero Out Of Money,

Manufacturer repos 30 luxury Infinitis from Dealer

Alp-sized peaks found entombed in Antarctic ice

Try at passing old $1,000 bill foils safe-robbers

Officials claim troops will be out of Iraq in 18 months

9 Dead in Turkish airplane crash in Netherlands

McDonald's McScrews Hero Out of Money

Home Prices Need to Fall 50 Percent from Peak Nationwide for a Market Bottom

The "Trash Out" Of Vacated Foreclosed Homes

'Sex-Crazed' Evangelicals Talk Spanking and Anal Sex

San Diego home prices continue to fall, but at a slower rate



Who Killed the Studio Behind The Lord of the Rings?

Wall Street’s $18.4 Billion Bonus

Mortgage Plan Aids Liars About Income, Amherst Says

Photo slideshow: What executives got away with

Ten American Companies That Won't Cut Jobs

The End of Texas Oil: How a handful of families dominated and lost control of the country's energy supply

Why Facebook Is For Old Fogies

Joel Stein in Time: At the Height of the Market, I Bought a Bad House

Forget Bin Laden and Iran, President Obama's Intelligence chief says America's greatest threat is the global recession . . . here's why

A Planet at the Brink: Will Economic Brushfires Prove Too Virulent to Contain?

3,000 Chinese security directors meet to plan for social unrest resulting from Economic Collapse

Japan exports drop 46% in January

7 Reasons Why Obama's Speeches Are So Powerful

Iran to test first nuclear plant

20 alleged Hispanic gang members indicted in Colorado

CNN: 9 tips for buying a foreclosed home

Palin repays state of Alaska $7,000 for travel by her children on the state's tab

Sweet Jesus! Man stabs son for wearing hat in Church

The Kindle: Good Before, Better Now

Like Having Medicare? Then Taxes Must Rise

Downtown Chicago apartment rent falls by most in 7 years

Ben Bernanke's 2nd chance at calming the nerves of bankers with "I don't see any reason to . . . create the huge legal uncertainties of trying to formally nationalize a bank when it just isn't necessary."

Supreme Court votes 7-2 to reinstate ban on gun ownership by domestic abusers

"We will rebuild, we will recover," President Obama says

Kinhearted banker praised for his generosity to his employees. To greedheads, President Obama said this: "CEOs won't be able to use taxpayer money to pad their paychecks, or buy fancy drapes, or disappear on a private jet. Those days are over."

Obama gives a positive speech to rally Americans

Saudi women are trying to overturn ancient customs where women don't work and whereby all lingerie shops are staffed by men

Northern Trust, recipient of $1.6 Billion, sponsored lavish L.A. parties last week which prompts Congress to outlaw such waste in all bailouts

Don't forget about the quiet hardworking savers who did not buy into the Housing Bubble!

A gun battle has broken out inside the headquarters of the Bangladesh border guards in the capital, Dhaka

Some doctors who treated torn to pieces Chimp victim are traumatized

Will Hearst Corporation close down the San Francisco Chronicle?

Tuesday - February 24, 2009 - Riots In GB This Summer? Stop H.R. 600 Now!!! AIG Posts Largest Quarterly Loss By Any Company In History: $60 Billion,

Apple releases public beta of Safari 4 browser

A fund of hedge funds run by two members of Vice President Joe Biden's family was marketed exclusively by firms controlled by Texas financier Allen Stanford

U.S. Home Prices Drop At Fastest Historical Pace In December 2008: Down 18% y-o-y

Housing prices register more record declines (nice colored chart)

Torture Of Common Street Thugs Kidnapped Off British Streets



Time Magazine: AIG's Plan to Bleed the Government Dry

Yen Weakens to 12-Week Low Against Dollar as Refuge Role Wanes

Fundamental Changes Needed for Bank Recovery

Road Map for Financial Recovery: Radical Transparency Now!

Recipe for Disaster: The Formula That Killed Wall Street

Google email knocked offline . . . Google Android cellphones gmail still works

German Business confidence falls to 26 year low

Stocks in Europe, Asia Decline; MSCI World Falls for 11th Day

Man who killed himself and his two children left 'Bitch' note rigged up to homemade bomb for his wife which failed to detonate

Thai protesters demand dissolution of Parliament

British Police warn Great Britain faces a Summer of Rage as Middle-class anger at economic crisis could erupt into violence on streets

British censors revolt at plan to make them watch porn alone

Obama's speech today will tell nation that much more has to be done to turn around the economy

Rival banks want curbs on a nationalized Citi

"Privatizing" Fannie and Freddie destroyed once successful public service government charters

FBI recovers 48 juveniles in prostitution raid

ATTENTION: Must read from Mortgage Lender Implode-O-Meter: "STOP "FHA Subprime" and Downpayment Money Laundering - STOP H.R. 600!!! (thanks www.patrick.net)

In tough economy, working 7 days becomes norm for some

Obama vows to halve defecit

This is why we embrace the 2nd Amendment: Armed villagers to battle Taliban

3 ex-Atlanta Police Officers apologize before their sentencing for botched drug raid which killed a 92 year old woman in 2006

An Australian man who brutally decapitated a homeless teenager and then used his head as a bowling ball has had his appeal against his conviction dismissed

FBI Director Says Minn. Man Likely Suicide Bomber

Duke Ellington becomes first African-American on a U.S. Coin . . . the D.C. quarter!

Brick-and-Mortar Record Stores Are Trying to Get Their Groove Back
The largest loss in corporate history: AIG ready to announce $60 Billion loss last quarter and will ask the Uncle Sam for more bailout money!

Is it time to overhaul the Dow Index?

Wall Street Sinks To Lowest Level In 12 Years

U.S. to pay 'forgotten' Filipino World War II veterans

Hillsborough GOP official rebuked for racial e-mail joke

State government layoffs: Virginia DOT to cut 450 hourly employees and 1,000 salaried employees

Class and Racial Warfare breaks out last week on French Island of Guadeloupe

America's Top 15 Emptiest Cities . . . Cities Which Are Great Recession Ghost Towns



Fort Pierce Weirdness Strikes Again! Urine-soaked Fort Pierce man has beer on top of truck, gets DUI

Man's Penis Injured In Grinder Accident

Round 2: Prisoner amputates whats left of his penis

Parking enforcement police in Boston are the worst offenders of taking handicap parking

Officer Friendly: Ex-Policeman Bigwig Masturbates In Front Of 2 Backpackers

43 year old Japanese man who lives at home with his parents is caught with 1,600 stolen bras and panties


Cowboy Bill's, Key West's wildest, weirdest bar has hundreds of new photos from this past Fantasy Fest . . . Come on down and enjoy America's Caribbean for a cheap vacation and see why the party never ends

Monday - February 23, 2009 - BBC: "Is the U.S. Heading For A Depression?" Microsoft Bungles Severance Pay, Banking On The Brink, When Cats Wake Up

Jim Kunstler's latest: "The Abyss Stares Back"

Forced Back into the Jobs Market: The percentage of people 65 and older who are in the work force rose to 16.8% at year end, from 11.9% a decade earlier

Dealers, dreamers see gold in California housing bust

Soros sees no bottom for world financial "collapse"

Oil rises above $40, Citi stake report supports

India's Reliance Industries will soon acquire clean storages in the U.S. East Coast and Gulf Coast to sell huge volumes of fuel

Nigerian security forces repelled an attack by gunmen on an oil terminal operated by Italy's Agip in the Niger Delta late on Saturday


BBC asks: "Is the United States heading for a Depression?"

This will be the year of bankruptcy

Microsoft Readies Vista Update

More Customers Give Up the Cellphone Contract

Paul Volcker: “I don’t remember any time, maybe even in the Great Depression , when things went down quite so fast, quite so uniformly around the world.”

When Consumers Cut Back: A Lesson From Japan

President Obama's administration will take a hard look at the nation's Top 20 banks to see if they can weather a worsening Economic downturn

Paul Krugman: Banking On The Brink

Landlords become the slaves to tenants




Citigroup in talks with the Feds: U.S. Taxpayers might end up owning 40% Citigroup stock

Microsoft bungles severance pay, asks for money back from laid off employees

TMZ Responds to LAPD Internal Investigation on Battered Rihanna Photo

Farewell e-mails become an art form in this age of pink slips. Some are funny, some are sad -- and some are just plain furious

Homeowners are taking their onerous mortgage lenders to court to forestall Foreclosures

Philadelphia newspaper's owner files for Bankruptcy protection for 3 papers

Amazing Filtered Things answers the question in a pictorial, "What happens if I wake up a cat?"

Sales jump at Goodwill Stores

Schwarzenegger defends his raising of taxes and his support of the Stimulus plan

How Peter Schiff would fix America's financial crisis
The Internet groundswell to get Peter Schiff to run against Senator Chris Dodd

Six excellent charts clearly showing the correlation between unemployment and home prices

Let Housing find its Clearing Price

Falling home prices are the solution . . . not the problem

Utility Analyst Gives Us 4 Utility Stocks With Safe Dividends On Bloomberg

Bush turns down job as a "greeter" at a local hardware store
Massive manhunt for two prisoners who escaped Greek prison by helicopter (video + article)

A return to "PRUDENCE": British PM to "ban" 100% LTV mortgages (short video)

Bomb blast in Cairo kills French teenager and injures 20, mostly tourists

"Slumdog Millionaire" takes top picture honors at the Oscars

Republican's Hate/Love relationship with President Obama's just passed Stimulus package

Dollar, Yen Weaken on Speculation U.S. to Raise Citigroup Stake