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POPSAlaska Inquiry Concludes Palin Abused Powers The report was released after Alaska lawmakers emerged from a private session in Anchorage where they spent in excess of six hours discussing whether to release the ethics report into the politically charged scandal. Mr. Branchflower based his finding of abuse of power on Alaska’s Executive Branch Ethics Act, which was established to “discourage executive branch employees from acting upon personal interest in the performance of their public responsibilities and to avoid conflicts of interest in the performance of duty,” the report says.
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POPSWhat to watch beyond the Dow If you haven't seen this Slate's new business site, The Big Money, explains the "TED spread," which measures the confidence that banks have in lending to one another. As the Dow continues to plummet, it's helpful to understand another metric (which still doesn't offer much room for optimism right now).
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POPSEconomic New World Order Emerges from Crisis Taxpayers lose as governments nationalize and intervene in banks to prevent collapse. This seems all too convenient an arrangement. They have always wanted a economic new world order and now, they say, is the time to do it. This financial crisis and the reaction of governments will go down as a major historical event that changed the world. Meanwhile, while the financial sectors are in throws, gas prices for consumers are dropping and there is still credit and loans to be obtained at good interest rates despite all their propaganda to scare up support for these interventions by governments.
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POPSBanks to lend you your own money! From the Daily Mash: "Chancellor Alistair Darling said the decision had been taken in tandem with the banking industry, adding: "They used a lot of dirty words I'd never heard before and one of them had an angry looking dog."
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POPSAmerican Tax Relief American Tax Relief is a national firm specializing particularly in helping people to resolve their delinquent tax liabilities through various settlement methods, and also putting an end to any penalties or interest that might be levied against them. We have successfully resolved thousands of tax liability cases in all 50 states using a collection of various methods to settle their debt with the IRS.
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POPSUnited First Financial Homeowners with a traditional 30-year mortgage were on track to become mortgage free after only 8 to 11 years.
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POPSThe bottom in housing - Fueling demand Looks like July was indeed the bottom, and demand is increasing in all regions for homes. This will take a good six months to begin the process of reducing inventories so prices can begin to recover. If you are thinking of buying, do so now at the bottom, you won't want to miss it.
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POPSMarkets Fall: Government Throws Away More Money
You don't have to be a lawyer to know if someone is lying -- But when a lawyer catches a witness in a lie it is often the beginning of the end. What caught my eye in this clip is: the government (USA) "will begin paying interest on the reserves that banks leave on deposit." Humm....we print the money...we give the money to the banks at super low interest rates...now the banks can give us back the money and charge us interest!? The next big part of the plan is to buy unsecured loans for threatened banks that may go out of business. Humm...Note: Other countries are buying assets or Number One Preferred Stock...meaning they get paid first if these banks fail. Also, rather than seeking to "inspire confidence," some suggest it would be better to dole out the cash for every new loan the banks make...which is what we want them to actually do. Other lies: "optional," warrents; & "mark to market," valuations. While our house burns, these alleged "firefighters," are steali