September

Flim-flam financing in the housing Industry

Chickens are now coming home to roost in the housing market. Option ARMs have risen from under 1 percent of deals in the ’90s to at least 12.5 percent in 2005. Business Week likens option ARMs to the neutron bomb: the people are blown up but the houses are still standing.

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Blitzkrieg effort to ram new anti-immigrant bills through Congress

The Republican leadership of the House of Representatives is pushing hard to get HR 4437, Rep. James Sensenbrenner’s vicious anti-immigrant bill which spurred this year’s huge immigrant rights marches, approved piecemeal by the House and Senate and signed into law before the November elections.

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Sudanese strive for peace despite U.S. schemes

The United States may be the world’s only military superpower, but attempts by the Bush administration to get its way in northeastern Africa are meeting with resistance.