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    20080509
    FEDERAL News. GOVERNMENT News.
  • CONSUMERS NewsConsumersFOOD News. Beef News. Meat News.FoodSAFETY News.SafetyHUMANS News.HumansHEALTH News.HealthLAW News.LawPOLITICS News. POLITICIAN News.PoliticsANIMALS News. Cow News.AnimalsAGRICULTURE News. Agriculture Department News. Farms News.AgricultureBUSINESS News.BusinessKAN News: KANSAS NewsKanUS AMERICAN NewsUSJAPAN News.Japan - "Government asks court to block wider testing for mad cow." ... "The [Republican President] Bush administration on Friday urged a federal appeals court to stop meatpackers from testing all their animals for mad cow disease, but a skeptical judge questioned whether the government has that authority." ... "The government seeks to reverse a lower court ruling that allowed Arkansas City, Kan.[Kansas]-based Creekstone Farms Premium Beef to conduct more comprehensive testing to satisfy demand from overseas customers in Japan and elsewhere." ... "Less than 1 percent of slaughtered cows are currently tested for the disease under Agriculture Department guidelines. The agency argues that more widespread testing does not guarantee food safety and could result in a false positive that scares consumers." ... "Mad cow disease, or bovine spongiform encephalopathy, can be fatal to humans who eat tainted beef. Three cases of mad cow disease have been discovered in the U.S. [United States] since 2003." -By Sam Hananel -AP via -SFGate.com
  • 20080507
    NOTEWORTHY News.
  • SECRET News.SecretGOVERNMENT News. FEDERAL News.GovernmentINTELLIGENCE News.IntelligenceTERRORISM News.TerrorismPOLITICIAN News. POLITICS News.PoliticsILLEGAL News. LAWYER News. COURT CASE News. JUDGE'S News. LAW News.IllegalSURVEILLANCE News.SurveillanceINVESTIGATION News. FBI News: Federal Bureau of Investigation News.InvestigationINTERNET News. WEB News.InternetARCHIVE News.ArchiveLIBRARY News. LIBRARIANS News.LibraryELECTRONIC News.ElectronicCIVIL LIBERTIES News.Civil LibertiesBREWSTER KAHLE NewsBrewster_KahleCENSORSHIP News.CensorshipSAN FRANCISCO News. San Francisco California News.San FranciscoCALIFORNIA News.CaliforniaSTUDENT News.StudentHEALTH News.HealthCONSUMER NewsConsumerTELEPHONE News. TELEPHONE RECORDS News.TelephoneELECTRONIC News.ElectronicDATA News.DataNATIONAL SECURITY LETTER News. NSL News.National Security Letter - "FBI Targets Internet Archive With Secret 'National Security Letter', Loses." ... "The Internet Archive, a project to create a digital library of the web for posterity, successfully fought a secret government Patriot Act order for records about one of its patrons and won the right to make the order public, civil liberties groups announced Wednesday morning." ... "On November 26, 2007, the FBI [Federal Bureau of Investigation] served a controversial National Security Letter (.pdf) on the Internet Archive's founder Brewster Kahle, asking for records about one of the library's registered users, asking for the user's name, address and activity on the site." ... "The Electronic Frontier Foundation, the Internet Archive's lawyers, fought the NSL [National Security Letter], challenging its constitutionality in a December 14 complaint (.pdf) to a federal court in San Francisco [California]. The FBI agreed on April 21 to withdraw the letter and unseal the court case, making some of the documents available to the public." ... "The Patriot Act greatly expanded the reach of NSLs, which are subpoenas for documents such as billing records and telephone records that the FBI can issue in terrorism investigations without a judge's approval. Nearly all NSLs come with gag orders forbidding the recipient from ever speaking of the subpoena, except to a lawyer." ... "Brewster Kahle called the gag order "horrendous," saying he couldn't talk about the case with his board members, wife or staff, but said that his stand was part of a time-honored tradition of librarians protecting the rights of their patrons." ... ""This is an unqualified success that will help other recipients understand that you can push back on these," Kahle said in a conference call with reporters Wednesday morning." ... "Though FBI guidelines on using NSLs warned of overusing them, two Congressionally ordered audits revealed that the FBI had issued hundreds of illegal requests for student health records, telephone records and credit reports. The reports also found that the FBI had issued hundreds of thousands of NSLs since 2001, but failed to track their use. In a letter to Congress last week, the FBI admitted it can only estimate how many NSLs it has issued." -By Ryan Singel -Wired 
  • 20080502
    COMPANIES News. MONEY News. PRICES News. ECONOMISTS News.
  • HILLARY CLINTON News.Hillary ClintonJOHN MCCAIN News.John McCainGAS News. OIL COMPANIES News. OIL PRICES News.GasPOLITICIAN News. POLITICS News.PoliticsCONSUMER NewsConsumerMEMORIAL DAY News. MEMORIAL DAY HOLIDAY News.Memorial DayLABOR DAY News. Labor Day Holiday News.Labor_DayNEW YORK News.New York2008 ELECTION News2008 Election - "Clinton, McCain Push Gas Tax Break Economists Panned (Update1)." ... "[2008 Election Democratic Presidential Candidate] Hillary Clinton and [2008 Election Republican Presidential Candidate] John McCain are both pushing a ``gas-tax holiday'' to give consumers an 18.4- cent-a-gallon price break. Clinton says the plan will take excess profits from oil companies. McCain says it will help families buy school supplies." ... "Economists have a different take: They say the oil companies may end up the biggest beneficiaries, while the aid to families wouldn't be enough to buy a $35 backpack." ... "The trouble with the plan, they say, is that oil prices are rising because of low supplies, and companies will continue to charge the average $3.60 a gallon and just pocket the money that would have gone to federal taxes." ... "``That's $10 billion, and it's going into the pockets of oil refiners,'' said Leonard Burman of the Tax Policy Center in Washington. ``The last time I checked, they didn't need it.''" ... "Ethan Harris, chief U.S. [United States] economist at Lehman Brothers Holdings Inc., said families would save only about $18 a month. Burman estimated the total savings from Memorial Day to Labor Day at $28." ... "New York Mayor Michael Bloomberg said the proposal was ``about the dumbest thing I've heard in a long time from an economic point of view.''" -By Alison Fitzgerald -Bloomberg
  • 20080430
    CONSUMERS News.
  • HILLARY CLINTON News.ClintonJOHN MCCAIN News.McCainBARACK OBAMA News.ObamaINFRASTRUCTURE BUILDING News. INFRASTRUCTURE MAINTENANCE News. CONSTRUCTION News.InfrastructureCAR News. DRIVING News.AutoROADS and BRIDGES News. Highway Trust Fund News. TRANSPORTATION NewsTransportationNORTH CAROLINA News.North Carolina2008 ELECTION News2008 ElectionGAS News. OIL News. GASOLINE News. OIL COMPANIES News. OIL REFINERIES News.OilCOMPANIES News. ECONOMISTS News. MONEY News.CompaniesPOLITICS News. POLITICIAN News.Politics - "Clinton-McCain gas tax holiday slammed as bad idea." ... "The [gas] tax is used to fund the Highway Trust Fund that builds and maintains roads and bridges." ... "Economists said that since refineries cannot increase their supply of gasoline in the space of a few summer months, lower prices will just boost demand and the benefits will flow to oil companies, not consumers." ... ""You are just going to push up the price of gas by almost the size of the tax cut," said Eric Toder, a senior fellow at the Urban-Brookings Tax Policy Center in Washington." ... "[2008 Election Democratic Presidential Candidate Barack] Obama criticized the plan as pure politics and said the only way to lower the price of gas is to use less oil." ... ""It would last for three months and it would save you on average half a tank of gas, $25 to $30. That's what Senator Clinton and Senator McCain are proposing to deal with the gas crisis," he said on Tuesday in Winston-Salem, North Carolina." ... ""This isn't an idea designed to get you through the summer, it's an idea designed to get them through an election."" (1, 2, 3) -By Alister Bull with contributions by Bill Trott -Reuters
  • 20080429
    EDITORIAL News.
  • JOHN MCCAIN News.McCainHILLARY CLINTON News.ClintonBARACK OBAMA News.ObamaROADS News. BRIDGES News. HIGHWAY News. TRANSPORTATION NewsTransportationINFRASTRUCTURE News. CONSTRUCTION News.InfrastructureFEDERAL News. FEDERAL GOVERNMENT News.FederalECONOMY News. MONEY News.MoneyARIZONA News.ArizonaNEW YORK News.New YorkILLINOIS NewsIllinois2008 ELECTION News2008 ElectionLABOR DAY News. Labor Day Holiday News.Labor_DayMEMORIAL DAY News. MEMORIAL DAY HOLIDAY News.Memorial DayCONSUMER NewsConsumerCAR News. DRIVING News.CarGAS News. OIL COMPANIES News.GasPOLITICS News. POLITICIAN News.Politics - "What a gas: Candidates seem far less presidential when they talk about 'gas tax holidays' rather than the nation's ongoing needs." ... "[2008 Election Republican Presidential Candidate and Arizona Senator] Sen. John McCain's idea to give Americans a summer holiday from federal gas taxes is about as weighty as a Barbie Dream Car, yet he can't stop driving it into the ground." ... "Neither can [2008 Election Democratic Presidential Candidate and New York Senator] Sen. Hillary Clinton. The two presidential contenders can't resist the chance to pander to voters and, as a bonus, paint [2008 Election Democratic Presidential Candidate and Illinois Senator] Sen. Barack Obama as an elitist. By doing so, they're missing an opportunity to show leadership on some major long-term challenges -- such as updating the nation's crowded roads and aging bridges." ... "In a speech on April 15, McCain proposed that the federal government suspend the 18.4-cent-per-gallon gas tax and the 24.4-cent-per-gallon diesel tax between Memorial Day and Labor Day. ... "McCain's idea is problematic on several levels. First, it would begin and end several months before the next president takes office, so it's more of a thought balloon than a plan. Second, the tax relief would save the typical American family only about $40 per car, while also siphoning $10 billion from the cash-strapped federal highway fund." ... "What's more, leading economists say the tax break would do little to lower the prices at the pump. More likely, the slightly lower prices would lead to higher demand, which would push the prices back up, allowing oil companies to make more money while federal tax coffers go hungry." ... "This is an election-year sop, not a plan for the future." -Oregonian
  • 20080425
    ECONOMY News. MONEY News.
  • CONSUMER NewsConsumerOPINION News.OpinionHISTORY News.HistoryFUEL PRICES News. GASOLINE News.FuelUNEMPLOYMENT News. JOBS News.EmploymentHOUSES News. PROPERTY VALUES News.HousesCARS News. Light Trucks News.CarsMICHIGAN News.Michigan - "U.S. Economy: Sentiment Weakens More Than Anticipated (Update3)." ... "U.S. [United States] consumer confidence fell more than forecast in April to a 26-year low as record fuel prices and rising unemployment threatened to reduce spending." ... "The Reuters/University of Michigan sentiment index decreased to 62.6, from 69.5 the previous month. The measure was down from a preliminary estimate of 63.2 issued on April 11." ... "Consumers are growing increasingly anxious because the economy has lost almost a quarter million jobs so far this year, gasoline is up 17 percent and property values have fallen. Sales of houses and cars have declined as a result, contributing to a slowdown that may bring an end to the six-year expansion." ... "The index of consumer expectations for six months from now, which more closely projects the direction of consumer spending, dropped to 53.3 from 60.1 last month." ... "The economy lost 80,000 jobs in March, the most in five years, following a 76,000 drop in payrolls in each of the prior two months, according to figures from the Labor Department." ... "The average price of regular unleaded gasoline rose to a record $3.58 a gallon yesterday, according to data from AAA [American Automobile Association]." ... "Cars and light trucks sold at an average 15.2 million annual pace in the first three months of the year, the fewest since the third quarter of 1998." -By Bob Willis -Bloomberg 
  • 20080422
    ECONOMY News. BANK News. MONEY News. LENDERS News. LOANS News.
  • CONSUMER NewsConsumerCOMMERCIAL REAL ESTATE DEVELOPERS News. CONDOMINIUMS News. COMMERCIAL PROPERTY News.Real EstateHISTORICAL News.History - "Regulator fears wave of bank failures." ... "US bank failures could rise above "historical norms" as a weakening economy puts pressure on badly underwritten loans, particularly in commercial real estate, according to a bank regulator." ... "In an interview with the Financial Times, John Dugan, who oversees about 1,700 national banks as comptroller of the currency, said the growing problems for lenders follow a period of almost four years in which no institution regulated by his agency had failed." ... "Mr Dugan's Office of the Comptroller of the Currency is particularly worried about lending by smaller banks to commercial real estate developers for condominiums and other projects. More than a third of smaller community banks have made commercial property loans that exceed 300 per cent of their capital, the OCC [Office of the Comptroller of the Currency] says. By comparison, in 1987, when hundreds of banks failed amid a commercial property collapse, such banks had commercial property loans equal to 175 per cent of their capital." (1, 2) -By Daniel Pimlott, Krishna Guha and Joanna Chung -FT.com
  • 20080417
    OPINION News.
  • BARACK OBAMA News. 2008 Election Democratic Presidential Candidate Barack Obama News.HILLARY CLINTON News. 2008 Election Democratic Presidential Candidate Hillary Clinton News.MEDIA News.MediaPOLITICS News. POLITICIAN News.PoliticsCORPORATE News. MONEY News. INDUSTRY News.CorporateNETWORK News. TV NETWORK News.Network2008 ELECTION News2008 ElectionPa News: PENNSYLVANIA News.US AMERICAN News.IRAQ News.MILITARY News.TORTURE News.TortureCHINA NewsHUMAN RIGHTS News.Human RightsHOME News.CONSUMER NewsConsumerFOOD News.AIRLINE News.SAFETY News.SafetyOIL PRICES News. GALLON GAS News.JOHN MCCAIN News. 2008 Election Republican Presidential Candidate John Sidney McCain III News.EDUCATION News.DEATH PENALTY News.Death Penalty - "Okay, Now I'm Bitter." [Mary Mapes on what DISNEY/ABC didn't cover in the 2008 Election Democratic Presidential Candidate debate in Pennsylvania with Hillary Clinton and Barack Obama] ... "In Iraq, we've seen a rebound in suicide bombings and gotten the disquieting information that Iraqi soldiers have been fleeing the battlefield in frightening numbers." ... "Americans learned that detailed discussions of torture techniques had been held in the [Republican President] White House -- our White House -- and President Bush revealed that he knew this and approved." ... "[Home] Foreclosure rates have spiked to frightening levels." ... "U.S. [United States] shoppers were told that food prices in this country are rising at a higher pace than at any time in the past 17 years." ... "The airline industry floundered through dreadful days of groundings, amidst safety concerns, economic ailments and passenger anger." ... "Oil prices are setting new records almost every day and $4 a gallon gas is coming soon to a service station near you." ... "The anguish over China's human rights record and its handling of Tibet turned the Olympic torch relay into a cross between Spain's Running of the Bulls and 3rd grade keep-away." ... "[2008 Election Republican Presidential Candidate] John McCain, acting like a mean old man trying to chase those pesky voters off his lawn, refused to endorse a new GI bill that would help those currently serving our country get a college education." ... "The Supreme Court issued a fractured opinion on the death penalty that for the first time in years raises the real possibility of a national debate on the value and morality of the ultimate punishment." ... "And we are in the middle of what is clearly the most important, most consequential election of my lifetime -- and I'm no spring chicken." ... "Instead, I sat in front of my TV open-mouthed, listening to a hodgepodge of juvenile questions about flag jewelry, the possibility of a "dream" ticket, elderly radicals, Charlie Gibson's personal tax concerns and ministers who emote too much. What, no time for a question about Cindy McCain's purloined pork chop recipe?" -By Mary Mapes -HuffingtonPost.com
  • 20080415
    REAL ESTATE News. HOME FORECLOSURE News. HOME MORTGAGE News. HOMEOWNERS News.
  • CONSUMER NewsConsumerECONOMY News. MONEY News.EconomyNEVADA News.NevadaCALIFORNIA News.CaliforniaFLORIDA News.Florida - "Foreclosures jump 57 percent in last 12 months." ... "Home foreclosure filings surged 57 percent in the 12 month-period ended in March and bank repossessions soared 129 percent from a year ago, as homeowners struggled to make mortgage payments, real estate data firm RealtyTrac said on Tuesday." ... "For the month of March, foreclosure filings, default notices, auction sale notices and bank repossessions rose 5 percent, led by Nevada, California and Florida, RealtyTrac said." ... "The rise in March to filings on a total of 234,685 properties followed a 4 percent decline in February, RealtyTrac reported." ... "RealtyTrac said the peak has yet to be reached." (1, 2, 3) -By Lynn Adler with contributions by Leslie Adler -Reuters
  • 20080414
    FOOD News. Food Prices News: Eggs, Milk, Dairy Products, Chicken, Poultry News. Bakeries, Bagel Shops and Delis News.
  • CUSTOMERS News. CONSUMER NewsConsumerMONEY News.MoneyHISTORY News.HistoryPOOR News.PoorFAMILIES News.FamiliesAGRICULTURE News. USDA News: United States Department of Agriculture News.Agriculture - "Food Costs Rising Fastest in 17 Years." ... "The U.S. [United States] is wrestling with the worst food inflation in 17 years, and analysts expect new data due on Wednesday to show it's getting worse. That's putting the squeeze on poor families and forcing bakeries, bagel shops and delis to explain price increases to their customers." ... "U.S. food prices rose 4 percent in 2007, compared with an average 2.5 percent annual rise for the last 15 years, according to the U.S. Department of Agriculture. And the agency says 2008 could be worse, with a rise of as much as 4.5 percent." ... "Eggs cost 25 percent more in February than they did a year ago, according to the USDA [United States Department of Agriculture]. Milk and other dairy products jumped 13 percent, chicken and other poultry nearly 7 percent." -By Ellen Simon -AP via -SFGate.com 
  • 20080409
    OPINION News.
  • FAMILY News.FamiliesJOB News.JobsCONSUMER NewsConsumerMONEY News. WAGE News. ECONOMIC News.EconomicHISTORY News.HistoryACCOUNTING News.Accounting - "For Many, a Boom That Wasn’t." ... "The bigger problem is that the now-finished boom was, for most Americans, nothing of the sort. In 2000, at the end of the previous economic expansion, the median American family made about $61,000, according to the Census Bureau’s inflation-adjusted numbers. In 2007, in what looks to have been the final year of the most recent expansion, the median family, amazingly, seems to have made less — about $60,500." ... "This has never happened before, at least not for as long as the government has been keeping records. In every other expansion since World War II, the buying power of most American families grew while the economy did. You can think of this as the most basic test of an economy’s health: does it produce ever-rising living standards for its citizens?" ... "“We have had expansions before where the bottom end didn’t do well,” said Lawrence F. Katz, a Harvard economist who studies the job market. “But we’ve never had an expansion in which the middle of income distribution had no wage growth.”" ... "But the larger point is still crucial: the modern American economy distributes the fruits of its growth to a relatively narrow slice of the population." -By David Leonhardt -NYTimes
  • 20080401
    FINANCIAL INDUSTRY News. MONEY News. TREASURY News. INVESTORS News. MARKET News.
  • FEDERAL News.FederalLAW News.LawLAW ENFORCEMENT News.EnforcementPOLITICS News. POLITICIAN News.PoliticsCONSUMER NewsConsumerHOMEOWNERS News.Homeowners - "A to-do over plan's to-dos: Push to revamp financial industry regulation sets up a battle between [Republican President] Bush and Congress." ... "[Republican President Bush's] Treasury Secretary Henry Paulson's blueprint for regulatory reform, officially unveiled Monday, set the stage for a major confrontation with Congress by offering no relief for troubled homeowners and advocating what in many cases was less, not more, federal supervision of the nation's troubled financial system." ... "Paulson proposed the broadest restructuring of federal regulatory institutions in three-quarters of a century with a call to merge organizations and redraw lines of authority that in some cases went back to the Great Depression. But the plan would put off for years, if not indefinitely, any attempt to create detailed new regulations for the streamlined new system to enforce." ... "As a result, even if eventually adopted, the new scheme would do little to protect against a repetition of the current crisis or something very much like it, the Treasury secretary acknowledged." ... "The limited nature of the proposals, contained in a 218-page document titled "Blueprint for a Modernized Financial Regulatory Structure," also drew immediate, if measured, fire from Democrats." ... ""It was regulators' mindless belief that the market is always right that made them deaf to warnings that the subprime market was trouble," complained Barbara Roper, investor protection director for the Consumer Federation of America." ... ""Until you change that attitude and the reluctance to regulate, consumers and investors aren't going to see any benefit. There is absolutely nothing for consumers and investors" in the plan, at least for the foreseeable future." -By Peter G. Gosselin -ChicagoTribune 
  • 20080331
    MONEY News.
  • FOOD News. CORN News. GRAIN News. GROCERY News. SOYBEAN News.FoodFARMERS News. AGRICULTURE News. GRAIN FARMERS News. Department of Agriculture News. FARM News.AgriculturePLANT News. PLANTING News.PlantLAND News.LandHISTORY News.HistoryETHANOL News. ETHANOL COMPANIES News. FUEL News.EthanolCOMPANIES News.CompaniesLIVESTOCK News. ANIMAL News. Livestock Producers News.AnimalCONSUMERS NewsConsumers - "Corn forecast suggests rise in food prices is ahead." ... "U.S. [United States] farmers plan to cut back corn planting and boost soybean production, a shift that could send ripples from the farm belt to your grocery bills." ... "The U.S. Department of Agriculture on Monday released its prospective plantings report. The report, which came amid surging grain prices, bore news that affects grain farmers, livestock producers, ethanol companies, food processors and, ultimately, consumers." ... "Corn plantings are expected to fall 8 percent this year, to 86 million acres, according to the Department of Agriculture. Last year farmers planted a post-World War II record of nearly 94 million acres of corn to meet burgeoning demand for ethanol, which is expected to soon absorb about 30 percent of domestic corn production." ... "“Last year many soybean growers switched from soybeans to corn as ethanol expansion strongly increased the demand for corn,” the Department of Agriculture said." ... "This year, though, many of the 86,000 farmers surveyed for the report said they were shifting production back toward soybeans, which had surged in price. Soybean planting is expected to increase 18 percent this year, to almost 75 million acres." ... "Corn is trading near its record-high price of $5.70 a bushel, more than double the price of two years ago. Soybeans are hovering around $12 a bushel, nearly double last year’s level." (1, 2) -By Victoria Sizemore Long -KansasCity.com
  • 20080330
    HEALTH News. Health Policy News. Health Care News. Breast Cancer News. Melanoma Cancer News.
  • JOHN MCCAIN News. 2008 Election Republican Presidential Candidate John Sidney McCain III News.John McCainJOHN EDWARDS News. 2008 Election Democratic Presidential Candidate John Edwards News.EdwardsCONSUMER NewsConsumerLAW News.LawsPOLITICIAN News. POLITICS News.PoliticsARIZONA News.ArizonaWOMEN News.Women2008 ELECTION News2008 Election - "McCain's health plan fails her test: Neither Elizabeth Edwards, whose cancer is incurable, nor the presumptive Republican presidential nominee would be covered by his policy, she asserts." ... "Elizabeth Edwards, the wife of former [2008 Election] Democratic presidential contender John Edwards, said she and [2008 Election Republican Presidential Candidate] John McCain have one thing in common: "Neither one of us would be covered by his health policy."" ... "Edwards lodged her criticism of the presumptive Republican presidential nominee's proposal Saturday at the annual meeting of the Assn. [Association] of Health Care Journalists." ... "Under McCain's plan, insurance companies "wouldn't have to cover preexisting conditions like melanoma and breast cancer," she said." ... "McCain has been treated for melanoma, the most serious type of skin malignancy. Edwards in 2004 was diagnosed with breast cancer, and announced a year ago that it had returned and spread into her bones, meaning it no longer could be cured." ... "His [McCain's health] plan would make it difficult for people with preexisting conditions, but who aren't covered by a government- or job-sponsored plan, to buy individual coverage, Edwards said." ... "Cancer survivors are routinely denied insurance when they try to purchase it as individuals, health experts say." ... "Edwards also criticized McCain's proposal because it would allow companies to sell health insurance across state lines." ... ""... Edwards said the plan would allow insurers to move their headquarters to states in which consumer protection laws are weak." -By Rong-Gong Lin II -LAtimes 
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