Report: Obama, Potential Iran Attack, Financial Collapse

Published for some of the information on the economy.


Added: August 02, 2008

Source: YouTube

House rejects bill on limiting speculative trading

WASHINGTON (MarketWatch) — A bill that would put new limits on speculative trading in energy commodities failed to get the required two-third majority of votes to pass the House on Wednesday.

The vote was 276 to 151. The Commodity Markets Transparency and Accountability Act would boost staffing at the Commodity Futures Trading Commission and require the agency to limit the positions of speculators in energy and agricultural commodities.

Most Republicans objected to the bill, preferring to pass legislation to open the outer continental shelf and other off-limits areas to energy exploration.

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Wal-Mart Warns of Democratic Win

Wal-Mart Stores Inc. is mobilizing its store managers and department supervisors around the country to warn that if Democrats win power in November, they’ll likely change federal law to make it easier for workers to unionize companies — including Wal-Mart.

In recent weeks, thousands of Wal-Mart store managers and department heads have been summoned to mandatory meetings at which the retailer stresses the downside for workers if stores were to be unionized.

Read moreWal-Mart Warns of Democratic Win

Paul No. 1 on Amazon.com

Ron Paul’s loyal supporters helped him set campaign fundraising records and capture more delegates during his presidential run than some of his high-profile Republican rivals. They even managed to briefly shut down Nevada’s GOP convention earlier this month over a rules change controversy.

Now they’ve taken his latest book to the top of the Amazon.com bestseller list.

“The Revolution: A Manifesto”, released earlier this month, is currently No. 1 on the Web site’s list of top sellers, besting even Oprah’s latest Book Club selection.

“Despite a media blackout, this septuagenarian physician-turned-congressman sparked a movement that has attracted a legion of young, dedicated, enthusiastic supporters . . . a phenomenon that has amazed veteran political observers and made more than one political rival envious,” boasts the book’s product description, adding: “Candidates across America are already running as ‘Ron Paul Republicans.’”

April 30, 2008

Source: CNN