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More at http://therealnews.com/c.php?c=080601YT Aijaz Ahmad: Will the real Obama please stand up? (3 of 3)

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Policymakers are rushing to pass an economic stimulus package driven in part by concerns with the mortgage market. The proposal would cut personal and business taxes, but also increase significantly the limits on federal housing administration mortgage loans and the loan portfolios of Fannie Mae and Freddie Mac. Some warn those increases could leave taxpayers on the hook for risky mortgage loans. According to Pete Sepp, Vice President of Policy and Communications at the National Taxpayers Union, "The more loans FHA takes on from the private sector and backs with government money, the more risk there is to taxpayers of having to make good on those debts. By making good, that means a lot of money taken out of taxpayers pockets." A recent Harris Interactive poll found 66 percent of respondents believe proposals that increase the size of the mortgage loans federal agencies ensure and purchase are "nothing more than a taxpayer-funded bailout of banks and lenders that provided and profited from these risky loans," said Sepp.

http://businessopportunityuniversity.com This video talks about three things 1) A webinar series that discusses the future of the home business industry 2) The new business opportunity training site with Josh Peak and Jeff K Hoffman at http://businessopportunityuniversity.com and 3) How the economic crisis is pushing more folks into the home based business industry. To get more updates go to http://www.askjoshpeak.com Topics that associate with this video are: american economy, economics, economic growth, economic indicators, economic development, economy cars, economic outlook, recession, home business, home based business, internet home business

Kathy Kelly: None of the three best known candidates are dealing with the issues facing the poor

PROGRAMMES INSIDE IRAQ Inside Iraq from Washington DC Larry Wilkerson, the chief of staff to the former US secretary of state, Colin Powell In February 2003, Colin Powell, the former US secretary of state, stood before the United Nations Security Council to present a case for war against Iraq. Critics claimed the presentation was weak, inaccurate and fraudulent. However, despite those nagging doubts Powell believed in the information given to him. Was Colin Powell misled into believing the evidence? Or did US intelligence misinterpret the circumstantial evidence that led the US to invade Iraq? In this Inside Iraq special from Washington DC, we discuss the conspiracy theory issues leading to the Iraq war with Larry Wilkerson, chief of staff to the former US secretary of state, Colin Powell. UPDATED ON: SUNDAY, MAY 20, 2007 13:03 MECCA TIME, 10:03 GMT From: http://english.aljazeera.net/NR/exeres/D122F56A-B3E4-4CB9-AA62-9374B0381403.htm <a href="http://www.livevideo.com/video/NewMindZ/147B5A2127F44D058FDD8222745BC4E4/inside-iraq-iraq-s-new-oil-la.aspx"><strong>Click here for 1/2</strong></a>

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http://www.whatawaytogomovie.com presents another clip as part of the "Why Are Things Falling Apart?" series. In this one, Richard Heinberg addresses important points surrounding peak oil and economic collapse.

In 2007, an unfamiliar expression appeared in the Australia media. A "subprime mortgage crisis" was unfolding in the United States. Homeowners across America were defaulting on loan payments and economists warned of major financial fallout occurring anywhere from Paris to Beijing to Melbourne. But why should a foreclosure in Cleveland affect a hedge fund in Sydney? Australia, along with the rest of the world, is at risk of a virulent economic virus thanks to financial globalisation where everything is interconnected through a sophisticated form of pass the parcel. And even more alarmingly, no-one knows just how bad it might get.

Ross Perot, business leader and former presidential candidate, announced today the launch of "PerotCharts.com," a public information website that contains objective, factual information about the current economic crisis in America. The site is being launched as an alert and appeal for American citizens to inform themselves about federal government spending. Perot said, "The U.S. national debt reached $9.4 TRILLION on April 30, and it is increasing by more than $1 billion every day. We are leaving our children and grandchildren with debt they cannot possibly pay." PerotCharts.com consists of three major components: a video featuring Ross Perot discussing the purpose of the website, a blog where new charts and other information are posted daily for study and comment, and a narrated chart presentation explaining the economic problems our country faces. The website is not affiliated with any political party or candidate. Most of the data and research for the charts is gathered from official government sources. "The economic crisis facing America today is far greater than anything since the Great Depression," said Perot. "Our federal government continues to spend us deeper into debt. The American people must get directly involved and demand an end to deficit spending. This website will provide information for citizens to do just that." To view Multimedia News Release go to, http://www.prnewswire.com/mnr/perot/33555/

Economic Stimulus Plan Questions?

In 2007, an unfamiliar expression appeared in the Australia media. A "subprime mortgage crisis" was unfolding in the United States. Homeowners across America were defaulting on loan payments and economists warned of major financial fallout occurring anywhere from Paris to Beijing to Melbourne. But why should a foreclosure in Cleveland affect a hedge fund in Sydney? Australia, along with the rest of the world, is at risk of a virulent economic virus thanks to financial globalisation where everything is interconnected through a sophisticated form of pass the parcel. And even more alarmingly, no-one knows just how bad it might get.

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Did we misreport the story of the economic stimulus checks leading people to believe that they were getting more than they actually got?

In 2007, an unfamiliar expression appeared in the Australia media. A "subprime mortgage crisis" was unfolding in the United States. Homeowners across America were defaulting on loan payments and economists warned of major financial fallout occurring anywhere from Paris to Beijing to Melbourne. But why should a foreclosure in Cleveland affect a hedge fund in Sydney? Australia, along with the rest of the world, is at risk of a virulent economic virus thanks to financial globalisation where everything is interconnected through a sophisticated form of pass the parcel. And even more alarmingly, no-one knows just how bad it might get.

Larry Wilkerson, the chief of staff to the former US secretary of state, Colin Powell In February 2003, Colin Powell, the former US secretary of state, stood before the United Nations Security Council to present a case for war against Iraq. Critics claimed the presentation was weak, inaccurate and fraudulent. However, despite those nagging doubts Powell believed in the information given to him. Was Colin Powell misled into believing the evidence? Or did US intelligence misinterpret the circumstantial evidence that led the US to invade Iraq? In this Inside Iraq special from Washington DC, we discuss the conspiracy theory issues leading to the Iraq war with Larry Wilkerson, chief of staff to the former US secretary of state, Colin Powell. UPDATED ON: SUNDAY, MAY 20, 2007 13:03 MECCA TIME, 10:03 GMT From: http://english.aljazeera.net/NR/exeres/D122F56A-B3E4-4CB9-AA62-9374B0381403.htm <a href="http://www.livevideo.com/video/NewMindZ/7C3D53F19B8E4081B1E471FB112AAC68/inside-iraq-iraq-s-new-oil-la.aspx"><strong>Click here for 2/2</strong></a>

This is from CNBC. Talking about the Global recession with Henry Kissinger from the Davos World Economic Forum 2008.listen very closely to what this man is really saying.

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