NewsTrust - Living - Most Recent Stories

Van Jones: Bank Settlement: $25B Down, $675B to Go

Sun, 12 Feb 2012 00:00:00 -0800

readersupportednews.org - By Van Jones - Feb. 12 (News Analysis) - 'We must not forget the more than 14 million homeowners (one in five) whose homes are underwater, beneath a crushing total $700 billion in negative equity. We must not forget the more than 4 million families who have lost their homes.' Van Jones, Reader Supported News

NewsTrust Rating: 4.4 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

American Airlines' attempt to ditch pension riles feds, labor unions

Sat, 11 Feb 2012 00:00:00 -0800

Seattle Times - By Steven Mufson - Feb. 11 (News Report) - Now in bankruptcy proceedings, the airline wants to terminate its four pension plans for 130,000 workers and retirees and ask the government's Pension Benefit Guarantee Corp. to bail out its unfunded pension obligations to the tune of $9 billion.

NewsTrust Rating: 4.3 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Money and Morals

Fri, 10 Feb 2012 00:00:00 -0800

New York Times - By Paul Krugman - Feb. 10 (Opinion) - Conservatives have started telling us that the growing inequality is about a decline in morals. But it’s mainly about money.

NewsTrust Rating: 4.0 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

50-State, $25B Mortgage Settlement: Relief for Struggling Homeowners or Bailout for Big Banks?

Fri, 10 Feb 2012 00:00:00 -0800

Democracy Now - By Amy Goodman - Feb. 10 (News Analysis) - The U.S. Justice Department has unveiled a record mortgage settlement with the nation's five largest banks to resolve claims over faulty foreclosures and mortgage practices that have indebted and displaced homeowners and sunk the nation's economy. While the deal is being described as a $25 billion settlement, the banks will only have to pay out a total of $5 billion in cash between them. We speak to one of the settlement's most prominent critics, Yves Smith, a longtime financial analyst who runs the popular finance website, "Naked Capitalism." "The settlement, on the surface, does look like it's helping homeowners," Smith says. "But, in fact, the bigger part that most people don't recognize is the way it actually helps the banks with mortgages on their own books... The real problem is that this deal is just not going to give that much relief." [includes rush transcript]

NewsTrust Rating: 4.2 average (not enough reviews) - See Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Keystone Pipeline Facts

Fri, 10 Feb 2012 00:00:00 -0800

readersupportednews.org - By Robert Redford - Feb. 10 (News Analysis) - 'Joe Nocera's op-ed in the New York Times yesterday deserves a response and a reiteration of the facts surrounding the Keystone XL tar sands pipeline. ...Let's put the rhetoric aside, and simply focus on the facts. Nocera wants us to believe that approving this pipeline is a matter of national security. ... The Keystone XL tar sands pipeline would not make the United States of America safer. Why? It would not make us safer, because the majority of the processed oil was already scheduled for export to foreign countries. That's right, this Keystone XL pipeline's Canadian tar sands oil would have

NewsTrust Rating: 3.8 average (not enough reviews) - See Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Taibbi: Mortgage Fraud Settlement is More Like a Bailout Than Justice

Fri, 10 Feb 2012 00:00:00 -0800

AlterNet - By Kristen Gwynne - Feb. 10 (News Analysis) - Tabbi says that as more of the banks' bad behavior is exposed, it will become obvious that they must shut down to pay for their crimes, because the reparations necessary would bleed them dry. This settlement, he says, is a "kewpie doll" for victims of banker greed, and won't "stem the tide or turn the tables for these people."

NewsTrust Rating: Not rated yet - See Info » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Prop. 8: Gay-marriage ban unconstitutional, court rules

Tue, 07 Feb 2012 00:00:00 -0800

Los Angeles Times - By LA Times Staff - Feb. 07 (Breaking News) - A federal appeals court Tuesday struck down California's ban on same-sex marriage, clearing the way for the U.S. Supreme Court to rule on gay marriage as early as next year.

NewsTrust Rating: 4.0 average - 4 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Karl Rove ‘offended’ by Clint Eastwood’s Chrysler ad

Tue, 07 Feb 2012 00:00:00 -0800

Washington Post - By Rachel Weiner - Feb. 07 (News Report) - A Chrysler ad aired during the Super Bowl Sunday night has inspired ire among some Republicans and admiration among some Democrats — with both sides seeing a political message that boosts President Obama.

NewsTrust Rating: 4.0 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Catholic hospitals split on giving contraceptives

Mon, 06 Feb 2012 00:00:00 -0800

San Francisco Chronicle - By bottomline@sfchronicle.com (Andrew S. Ross, Chronicle Columnist) - Feb. 06 - Presented By: Chicago Booth Business Forecast Ads by ...

NewsTrust Rating: 3.3 average - 3 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Op-Ed Columnist: Things Are Not O.K.

Sun, 05 Feb 2012 00:00:00 -0800

New York Times - By Paul Krugman - Feb. 05 (Opinion) - The unemployment report was genuinely good, but there’s a downside: the calls to stop focusing on job creation.

NewsTrust Rating: 4.1 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

"Gasland" Director Josh Fox Fires Back at Republicans After His Unfair Arrest

Thu, 02 Feb 2012 00:00:00 -0800

AlterNet - By Ed Schultz - Feb. 02 (Interview) - Gasland director Josh Fox, ... was arrested this week, in violation of his first amendment rights, while covering a Congressional hearing on fracking. In the interview, Fox fires back at the Republicans who have been targeting him

NewsTrust Rating: 3.8 average (not enough reviews) - See Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

British tourists arrested in America on terror charges over Twitter jokes

Mon, 30 Jan 2012 00:00:00 -0800

Daily Mail - By Richard Hartley-Parkinson - Jan. 30 (News Report) - Two British tourists were barred from entering America after joking on Twitter that they were going to 'destroy America' and 'dig up Marilyn Monroe'. Leigh Van Bryan wrote the message weeks before he was due to go to Los Angeles with friend Emily Banting and it was picked up by American special agents. 'They asked why we wanted to destroy America and we tried to explain it meant to get trashed and party. 'I almost burst out laughing when they asked me if I was going to be Leigh's lookout while he dug up Marilyn Monroe. 'I couldn't believe it because it was a quote from the comedy Family Guy which is an American show.

NewsTrust Rating: 3.8 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Reagan’s Road to Climate Perdition

Mon, 30 Jan 2012 00:00:00 -0800

Consortium News - By Consortiumnews.com - Jan. 30 - Reagan’s Road to Climate Perdition

NewsTrust Rating: 4.7 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Ford may post best year since 1998

Thu, 26 Jan 2012 00:00:00 -0800

Louisville Courier-Journal - By Bloomberg News - Jan. 26 (News Report) - Ford Motor Co., boosted by a one-time tax gain, may report its most profitable year since 1998, while weakness in Europe and Asia cut fourth-quarter earnings.

NewsTrust Rating: 4.0 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Raj Patel: In Attacks on Obama, Food Stamps, Newt Gingrich is “Racially Coding Poverty”

Mon, 23 Jan 2012 00:00:00 -0800

Democracy Now - By Amy Goodman - Jan. 23 (News Analysis) - what is really needed is a conversation about poverty and why the need for food stamps is so high. "It’s true that disproportionately people of color are affected by food insecurity. But what Gingrich is doing, of course, is racially coding poverty by calling President Obama 'the food stamp president,'" Patel said. "He’s invoking these ideas of racialized poverty. Of course, if you look at the people who are on the food stamp program, you see that the majority of them are white and poor." Patel is author of the popular book, "Stuffed and Starved: The Hidden Battle for the World Food System."

NewsTrust Rating: 4.2 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Reef Fish at Risk as Carbon Dioxide Levels Build

Sat, 21 Jan 2012 00:00:00 -0800

readersupportednews.org - Jan. 21 (Special Report) - Rising carbon dioxide (CO2) emissions threaten the survival of some fish species by sending their central nervous systems haywire.' Australian Associated Press

NewsTrust Rating: 4.0 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Problems plague cleanup at Hanford nuclear waste site

Wed, 18 Jan 2012 00:00:00 -0800

USA Today - By Peter Eisler - Jan. 18 (Special Report) - Seven decades after scientists came here during World War II to create plutonium for the first atomic bomb, a new generation is struggling with an even more daunting task: cleaning up the radioactive mess.

NewsTrust Rating: 3.9 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Automakers in a race for buyers of mid-size family cars

Wed, 11 Jan 2012 00:00:00 -0800

Los Angeles Times - By Jerry Hirsch - Jan. 11 (News Report) - Ford, GM, Honda and Nissan are all rolling out revamped models this year, with added features and better gas mileage.

NewsTrust Rating: 4.1 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Obama-GOP battle turns ruthless

Mon, 09 Jan 2012 00:00:00 -0800

CNN - By David Frum - Jan. 09 (Opinion) - Watch the Republican primaries, and you can feel: the American political system is working. The GOP is discarding the unqualified and irresponsible candidates and rapidly converging on the person in the race who could actually do the job of president. But the week's second biggest political story shows a very different reality: a political system careening toward crisis. This is the story of the battle over President Barack Obama's nomination of Richard Cordray to head the new Consumer Financial Protection Bureau.

NewsTrust Rating: 3.5 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

U.S. Car Manufacturers Have Record December

Wed, 04 Jan 2012 00:00:00 -0800

ABC News - By Susanna Kim - Jan. 04 (News Report) - Chrysler announced its best monthly retail sales in four year years, leading the pack of U.S. car makers who had capped a robust 2011 with strong December sales.

NewsTrust Rating: 3.9 average - 4 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Obama: Recess appointment is his "obligation"

Wed, 04 Jan 2012 00:00:00 -0800

USA Today - By Aamer Madhani - Jan. 04 (News Report) - In a speech in Shaker Heights, Ohio, Obama made it official that he would install the former Ohio general as the head of the newly created Consumer Financial Protection Bureau through recess appointment and hammered Republicans for blocking Cordray's appointment.

NewsTrust Rating: 3.7 average - 4 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

The New York Times Discovers It’s Virtually Impossible To Keep Weight Off

Thu, 29 Dec 2011 00:00:00 -0800

Slate - By L. V. Anderson - Dec. 29 (Opinion) - With New Year’s and its attendant resolutions just around the corner, articles about weight loss are cropping up in all the usual places (i.e., everywhere you look). One of the most comprehensive and personal essays on the topic can be found in this week

NewsTrust Rating: Not rated yet - See Info » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Court Revives NSA Dragnet Surveillance Case

Thu, 29 Dec 2011 00:00:00 -0800

Wired - Dec. 29 (News) -

NewsTrust Rating: 4.0 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Tucson's ethnic-studies program violates Arizona law, judge rules

Wed, 28 Dec 2011 00:00:00 -0800

Los Angeles Times - By Stephen Ceasar - Dec. 28 (News Report) - The ruling affirms a decision by the state schools superintendent and could end classes on Mexican American heritage.

NewsTrust Rating: 4.0 average - 4 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Philippines Floods 2011: Bodies Found Far Away From Ravaged Villages, Coastline

Mon, 26 Dec 2011 00:00:00 -0800

Huffington Post - By Hrvoje Hranjski - Dec. 26 (News Report) - Many of the dead were women and children who drowned in their beds. Others scrambled to climb roofs to escape the overflowing rivers and muddy waters that carried dangerous debris and logs from nearby mountains. The logs were still floating off the coast. President Benigno Aquino III, who banned logging in February following previous flooding deaths that experts say were caused partly by deforestation and soil erosion, has ordered an investigation.

NewsTrust Rating: Not rated yet - See Info » - Review It Visit NewsTrust | About | Sign Up | Disclaimer