NEW YORK - No one knows when the credit crisis will end. But when it does, U.S home prices may have lost a third of their value, high-yield bond valuations will hit levels close to those seen during the last recession, and what may amount to $1 trillion of Wall Street [...]

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Victims of Hurricane Katrina were dealt another blow this week when it was discovered that the Federal Emergency Management Agency (FEMA) hoarded $85 million worth of household goods in a warehouse in Fort Worth, Texas.
According to FEMA’s press secretary, James McIntyre, FEMA gave the household goods away earlier this year to other federal and state [...]

Did you know that the National Prayer Breakfast is sponsored by a shadowy cabal of elite Christian fundamentalists? Jeff Sharlet’s new book, “The Family: The Secret Fundamentalism at the Heart of American Power,” offers a rare glimpse of this remarkable network, which is known variously as the Family, the Fellowship and [...]

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