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Flickr / sfadden

Housing Signs Point to More Market Woes

The housing market is continuing its descent into Slumpsville, judging by the way things have gone over the first quarter of 2008, and indicators don’t look good for the immediate future, either. American homeowners have been forced into foreclosure in record numbers this year and late payments have soared to a new high.

Posted on Jun 5, 2008 READ MORE


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Heads Roll at Air Force

Defense Secretary Robert Gates on Thursday axed two top Air Force honchos, Chief of Staff Gen. Michael Moseley and Air Force Secretary Michael Wynne, in a bid to do some damage control in the wake of the alarming incident last August in which nuclear warheads were mistakenly flown from North Dakota to Louisiana and another incident in which Air Force electrical fuses for ballistic missile warheads were shipped to Taiwan.

Posted on Jun 5, 2008 READ MORE


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The Economist

I’m The Economist and I Approve This Election

The storied British mag is making no bones about it: America’s long primary battle, judging by the candidates it produced, was a major success. According to a new cover story, ” ... On the face of it, this is the most impressive choice America has had for a very long time.”

Posted on Jun 5, 2008 READ MORE


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Richard Phibbs / HillaryClinton.com

Clinton Signals Defeat to Supporters

Inching closer to concession, Hillary Clinton shifted gears on Thursday, taking a different tone in an e-mail to her allies and readying them to back her rival for the top spot on the Democratic presidential ticket, Barack Obama. However, she will still wait until Saturday to make any kind of formal announcement about her status in the race.

Posted on Jun 5, 2008 READ MORE


KSM arraignment
AP photo / Brennan Linsley, pool

‘9/11 Mastermind’ Mohammed Says He Wants Death Penalty

Khalid Sheikh Mohammed and four other Guantanamo Bay detainees appeared in court at the U.S. naval base’s Camp Justice for an arraignment that effectively sets the legal wheels in motion for the war crimes trials of Mohammed and his alleged 9/11 co-conspirators.

Posted on Jun 5, 2008 READ MORE



The Brad Blog

Flipping the Wrong Guy

If you’re going to mess up someone’s vote, it’s probably a bad idea to do it to one of the nation’s more vocal critics of election shenanigans. After voting in California’s statewide primary on Tuesday, election integrity journalist Brad Friedman checked his ballot to discover that four of the 12 races he voted in had been flipped.

Posted on Jun 5, 2008 READ MORE


Rezko Goes Down

A day after Barack Obama made history, an unfortunate figure from his past was back in the headlines. Antoin “Tony” Rezko, a former Obama fundraiser, was convicted of 16 corruption charges. Obama said he was “saddened,” but took the opportunity to get in another plug for change: “This isn’t the Tony Rezko I knew, but now he has been convicted by a jury on multiple charges that once again shine a spotlight on the need for reform.”

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Putting Journalists in Check

The World Newspaper Congress played host to Gary Kasparov on Tuesday. The chess wiz and Kremlin antagonist ridiculed his government for imposing limits on free expression. Indeed, Reporters Without Borders’ most recent annual index of global press freedom ranks Russia a dismal 144th. Still, there are plenty of places in the world where you can get beaten, arrested or killed for letting people know what’s going on.

Posted on Jun 5, 2008 READ MORE



Flickr / Randy Son Of Robert

California Feels the Heat

Gov. Arnold Schwarzenegger has made it official: California is in a drought. It’s the first official drought declaration for the Golden State in 17 years. Schwarzenegger has threatened water rationing to protect the state’s $32 billion agriculture industry.

Posted on Jun 4, 2008 READ MORE



Flickr / sskennel

Clinton to Face the Music

Hillary Clinton will end her race for the presidency on Saturday. After Barack Obama essentially clinched the nomination Tuesday, Clinton congratulated him but did not concede and asked supporters to visit her Web site to “share [their] thoughts” on the direction of her campaign. Updated.

Posted on Jun 4, 2008 READ MORE


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