Slight shifts in the property value of a home can cause a complete failure of the promise to pay the debt on a mortgage, simply because the benefits of paying are no longer the same. If you owe more on the mortgage than your property is worth, an oft-chosen solution is to just walk away from it, especially if it was easy to get into, with no down, with little credit, and nothing but a bad credit report to lose.
Debt Is Not An Asset
Tom Brokaw Acting As NBC Liaison With McCain Campaign
The Times reveals that Brokaw has "played a pivotal role out of public view, both within NBC and in its dealings with the campaign of John McCain in particular."
Mr. Brokaw said that over the summer he had "advocated" within the executive suite of NBC News to modify the anchor duties of the MSNBC hosts Keith Olbermann and Chris Matthews on election night and on nights when there were presidential debates. Their expressions of strong political opinions from the MSNBC anchor desk has run counter to the more traditional role Mr. Brokaw played on "NBC Nightly News" for more than two decades. NBC said earlier this month that the two hosts would mostly relinquish their anchor duties to Mr. Gregory, while being present as analysts.
Brokaw said he has also conducted some "shuttle diplomacy in recent weeks" between NBC and the McCain campaign.
US newspapers embroiled in controversy for distributing DVD about Muslim radicals
More than 70 US newspapers have been helping to distribute a DVD of a documentary film, Obsession: Radical Islam's war against the West, that has been criticised as Islamophobic. The DVD is being included as an advertising insert in newspapers in "swing" states ahead of the presidential election.
As The Guardian reported last week, the use of the DVD is being seen as an attempt to secure John McCain's victory over Barack Obama, who has been falsely accused of being a Muslim. Now the row over the DVD's distribution has proved controversial for newspapers.
Cyber Security Expert: Hackers Planning To Steal Election For McCain
Stephen Spoonamore warns in a new interview that electronic voting machines represent a national security threat and that hackers are already planning to steal the 2008 presidential election for John McCain.
Spoonamore is a GOP member and a lifelong Republican, having worked on election campaigns with Rudy Giuliani and Michael Bloomberg. He also has 20 years worth of experience in encrypted and networked communications systems for banks, TV, telecommunications, EMS, Military and other uses.
Prof. Sternhell: Supporters of occupation are not Zionist
Professor Zeev Sternhell's house on Jerusalem's Agnon Street is easily located by the iron gate with the broken glass. Sternhell says the bombing could have ended with him having to have both legs amputated.
Are the extreme right wing and settlers anti-Zionists?
"Certainly. The right wing advocating the greater Israel is the real post-Zionist body. Whoever supports the occupation, i.e. a binational state, is no Zionist. This could also be said of politicians who drag their feet in negotiations intended to bring about a two-state solution for two nations. They're putting off this solution to the unforeseeable future, endangering the Jewish state's future."
FBI won't release details on anthrax suspect
The FBI is declining to release at least 15,000 pages of documents related to the now deceased prime suspect in the 2001 anthrax attacks despite lingering suspicions that the bureau has accused the wrong man.
But David M. Hardy, the section chief of the FBI's records management division, notified McClatchy that his office could not immediately release the records because there were "investigative leads still open" and the FBI needed to withhold the documents in order to protect confidential sources, privacy, law enforcement techniques and a suspect's right to a fair trial.
Bail Out the Citizens, Not the Corporations!
Bail out the people and we will not need anyone to save us from the bank collapse! And that's a fact!
Why do we have governments if not to provide for and protect the people? We are told every day that America is the greatest nation on Earth. We are told that communism is bad and that capitalism is good. We are taught to be afraid of socialism and we are told that basic human services for people at the bottom of the socioeconomic ladder are bad. The term "entitlements" is used in a negative manner in order to describe all government support for the needy as giveaways for people who just don't work hard enough.
Report Implicates White House
In 18 months of searching, Justice Department Inspector General Glenn A. Fine and Office of Professional Responsibility chief H. Marshall Jarrett have uncovered new e-mail messages hinting at heightened involvement of White House lawyers and political aides in the firings of nine federal prosecutors two years ago.
But they could not probe much deeper because key officials declined to be interviewed and a critical timeline drafted by the White House was so heavily redacted that it was "virtually worthless as an investigative tool," the authorities said.
Jury in cocaine case didn't know accused's past
In 2001, Sean Erez, now 38, pleaded guilty to drug conspiracy in Brooklyn, N.Y., after admitting to running an ecstasy distribution network that used young Orthodox Jews to smuggle the "hug drug" out of Amsterdam and into the U.S.
"The recruiters believed that these couriers would not attract the attention of customs inspectors because of their conservative background and their religious dress and appearance," said a press release issued by the U.S. Attorney's Office in New York.
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