The top mortgage lender in the United States, Fannie Mae, wants another $8.5 billion dollars to save its butt. This after reporting a loss of $6.5 billion during the first three months of 2011.
Fannie Mae blames the loss on credit expenses. They also blame falling home prices. If Fannie Mae gets the new bailout […] Continue Reading…
“As the U.S. government continues to request accessibility to the Chinese market for its firms, we now raise a similar request on behalf of Chinese firms.”-Zhu Guangyao, Vice Finance Minister
For decades U.S. companies have been shipping off factories, and jobs, to China. Now China says the United States is blocking their attempts to bring […] Continue Reading…
United Nations health investigators say the strain of cholera, that killed more than 4,000 people in Haiti, came from south Asia.
The UN officials say they traced the strain back to a river near a UN peacekeeper camp, that was occupied by troops from Nepal. The UN admits that sanitation conditions at the camp were […] Continue Reading…
“In line with the imperialistic interests of the U.S. and Europe, the American and European media outlets don’t reflect the exact reality of what happens in our nations.”-Ramin Mehman-Parast, Iranian Foreign Ministry Spokesman
Recently Secretary of State Hillary Clinton asked Congress to spend more money on increasing pro-U.S. international media organizations. She said the U.S. […] Continue Reading…
Iranian investigator Majid Abhari, says he has proof that drugs being brought into Iran, through Afghanistan, are being run by the CIA and Mossad. He has some convincing evidence.
First, traditionally opium, and marijuana/hash, were the drugs that came through. Now, Iranian drug police are confiscating morphine, crack and meth. Those drugs are considered “western” […] Continue Reading…
“The European nations will certainly rise up against their politicians and leaders who made them submit to the cultural and economic policies of the U.S. and the Zionists.”-Supreme Leader Ayatollah Seyyed Ali Khamenei
The West has been referring to the uprisings in the Middle East and North Africa as “popular uprisings”, but in locally […] Continue Reading…
Mexico City announced they are working on a way to put their earthquake warning system on social media.
The city’s residents have been complaining that the current quake warning system is not reliable. If Japan can have quake warning systems, and even Mexico City, why doesn’t the United States?
Two Muslim men were kicked off a Atlantic Southeast Airlines flight, in Memphis, Tennessee. They passed all security checks, but the pilots refused to fly with them on board.
TSA officials in Atlanta, Georgia, confirmed the incident.
A report discovered by Japan’s NHK news, shows that officials knew in February that a major tsunami could hit Japan soon.
The report was put together by the Earthquake Research Committee. It looked at geographical evidence, and recent studies, and came up with a scenario that is exactly like what happened on 11 March. It […] Continue Reading…
Prime Minister Naoto Kan ordered the Hamaoka nuclear plant shut down, for fear of a major earthquake.
The Hamaoka plant is run by Chubu Electric Power company. The plant has two reactors already decommissioned, one shut down for maintenance, and two still operating. It’s located south west of Tokyo, in Shiuoka Prefecture.
Prime Minister Kan ordered […] Continue Reading…