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Apollo News Daily

Home Loan Demand Drops Despite Drop In Rates


February 10th, 2010

U.S. mortgage applications dipped last week, reflecting reduced demand for home purchase loans even as rates on 30-year loans fell to their lowest since December, an industry group said on Wednesday.

 

New York Senate Expels Senator Over Assault


February 10th, 2010

The New York State Senate has voted to expel a senator for the first time in almost a century, the New York Times reported Wednesday.

It said the Senate voted 53 to 8 late Tuesday night to immediately remove Senator Hiram Monserrate, a Democrat from Queens, found guilty of misdemeanor assault in October for dragging his girlfriend down the hallway of his apartment building

 

Phoenix Gives OK To 2% Tax On Food


Written By Scott Wong
February 10th, 2010

Desperate to save police, fire and other city jobs, a divided Phoenix City Council on Tuesday approved a sales tax on grocery items that will generate tens of millions of dollars a year. The 2 percent food tax will take effect April 1 and expire after five years, though Mayor Phil Gordon said the council has the option of reversing its decision after it hears from the public during 15 budget hearings planned for this month

 

"More Empires Have Fallen Because Of Reckless Finances Than Invasion"



February 10th, 2010

While Eric Margolis' entire comment in the Toronto Sun is a must-read, the following two quotes really hit the nail on the head:


More empires have fallen because of reckless finances than invasion... If Obama really were serious about restoring America’s economic health, he would demand military spending be slashed, quickly end the Iraq and Afghan wars and break up the nation’s giant Frankenbanks.


Margolis is right.

 

House Agrees to $1.9 Trillion More Debt


Written By Andrew Taylor
February 10th, 2010

The House on Thursday voted to allow the government to go $1.9 trillion deeper in debt - an increase of about $6,000 more for every U.S. resident that provided a vivid election-year reminder of the nation's perilous financial condition.

 

Cuomo Charges BofA, Ex-CEO With Fraud; SEC Settles


February 10th, 2010

New York's attorney general charged Bank of America Corp, former Chief Executive Kenneth Lewis and former Chief Financial Officer Joe Price with fraud for allegedly misleading shareholders about the acquisition of Merrill Lynch & Co.

The U.S. Securities and Exchange Commission separately said Bank of America agreed to pay a $150 million civil fine and bolster disclosure and governance practices to settle its two lawsuits alleging poor disclosure of Merrill's losses and $3.6 billion of bonus payouts. That accord requires court approval.

 

Google to Enlist NSA to Help It Ward Off Cyberattacks


Written By Ellen Nakashima
February 10th, 2010


The world's largest Internet search company and the world's most powerful electronic surveillance organization are teaming up in the name of cybersecurity. Under an agreement that is still being finalized, the National Security Agency would help Google analyze a major corporate espionage attack that the firm said originated in China and targeted its computer networks, according to cybersecurity experts familiar with the matter. The objective is to better defend Google -- and its users -- from future attack.

 

The Increasing Worry of Martial Law in America If the Economy Worsens


Written By Greg Brian
February 10th, 2010

Should it Happen, U.S. Northern Command Would Likely Take Over, and Put an End to Habeas Corpus.  If you listen to some political talk show hosts on the radio and TV lately, America is going to start having citizens retaliating out of frustration from the economy--hence precipitating the need for proclamations of martial law from our governors or our President.

 

Enemies Of Free Speech Call For Internet Licensing


Written By Paul Joseph Watson
February 10th, 2010

Calls to introduce a licensing system to police the Internet on behalf of a powerful UN agency represent the latest salvo in a long-running battle to kill free speech on the web and bring an end to the powerful digital democracy that has devastated the carbon tax agenda of the UN by exposing the Climategate scandal.

 

Investigation Chief: Swine Flu Pandemic Was A Hoax


Written By Paul Joseph Watson
February 9th, 2010

Appearing on The Alex Jones Show, outgoing Chair of the Council of Europe’s Sub-committee on Health Wolfgang Wodarg said that his panel’s investigation into the 2009 swine flu outbreak has found that the pandemic was a fake hoax manufactured by pharmaceutical companies in league with the WHO to make vast profits while endangering public health.

 
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