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By Jabari Asim $6.99
By Sebastian Seung $10.17
$17
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 Todd Ehlers (CC BY-ND 2.0)
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The American banking industry enjoyed profits of $35.3 billion in the first quarter of 2012, the industry’s best performance since 2007, according to the Federal Deposit Insurance Corp. But it did so largely because banks put aside less money to cover bad loans, while keeping a lid on new lending.
Posted on May 24, 2012
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It’s been a rough year for the Middle East, from Saddam’s hanging to mass killings in Iraq and the war of words over Iran’s alleged nuclear weapons program. The Mosaic Intelligence Report takes a look back and asks whether there is hope for the future.
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849 American soldiers have been killed in Iraq this year, the deadliest for U.S. troops so far. While it’s true that the last couple of months have seen lower casualties than has been typical this year, those numbers cannot satisfactorily be explained by a more stable Iraq or some newfound love for Americans, and it would be grotesque to call the deaths of only 38 troops in October “good news.”
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 russfeingold.org
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The Nation’s John Nichols singles out those progressives he feels deserve special recognition for their work in 2006, including Russ Feingold (above) and members of the Congressional Progressive Caucus.
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 Mr. Fish
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All the champagne in the world won’t drown the bad memories of 2006, but, hey, we had some good times too (mostly that thumping Bush took in the midterms). From all of us here at Truthdig world headquarters, have a happy and safe new year! Here’s hoping the world sobers up in 2007.
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 timessquarenyc.org
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A majority of Americans believe 2007 will bring a terrorist attack on the U.S., a major natural disaster and an increase in global warming, according to a new AP poll. Less than a third believe the U.S. will withdraw from Iraq, while 25 percent expect the second coming of Jesus.
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