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FAILURE

The Wire

Analysis: College students need lessons in failure

Disgraced ex-New York Times reporter Jayson Blair talking to college students about ethics?

Dutch DSB bank declared bankrupt

A Dutch court declared DSB Bank NV bankrupt on Monday, ending hopes the regional lender, which suffered a run on deposits, might be sold or bailed out.

Large Texas bank shut down by federal regulators

Guaranty Bank became the second-largest U.S. bank to fail this year after the Texas lender was shut down by regulators and most of its operations sold at a loss of billions of dollars for the U.S. government to a major Spanish bank.

Guaranty Bank shut down by regulators

Guaranty Bank, a big Texas lender that succumbed to losses on loans to homebuilders and mortgage-tied securities, was shut down by regulators Friday and most of its operations sold to a major Spanish bank.

Colonial BancGroup shut by regulators

Regulators on Friday shut down Colonial BancGroup Inc., a big lender in real estate development that buckled under the collapse of the market. It was the biggest U.S. bank to fail this year, with about $25 billion in assets.

Closed NJ bank was cited for 'unsafe' practices

A small bank in northern New Jersey has been shut down by state banking regulators, and an industry advocate says he cannot rule out future failures.

Who's going to fix my Pontiac?

With Chrysler now in bankruptcy court fighting for its life and GM slashing operations as it runs low on cash, owners and potential buyers of GM the car makers vehicles are understandable nervous about whether their warranties are still good. For now, at least, they're covered.

Study finds younger blacks have more heart failure

One in 100 black men and women develop heart failure before age 50, according to one of the first long-term studies to look at the life-threatening condition in younger adults. The research suggests blacks in that age group suffer the condition at a rate 20 times higher than whites do — an astounding difference more pronounced than earlier studies had indicated.

Madoff fraud case raises questions about SEC

The stunning fraud Wall Street pillar Bernard Madoff is accused of has raised questions about whether federal regulators were lax in failing to scrutinize his operations and respond to alarms raised about them.

Air Force finds nuclear deficiencies at Mont. base

Air Force officials said Wednesday that a recent nuclear inspection found deficiencies in a unit responsible for 150 ICBMs in Montana, but added that there was no threat to public safety.

WTO Logjam Leaves Trade Talks in Limbo

The World Trade Organization is running out of last chances.

Power Deregulation Brought Few Bargains

This wasn't supposed to happen with deregulation. Electric bills were supposed to go down. Instead, Ellie Dorchincez can almost see the dollars evaporating every time she turns on the lights or opens the freezer at her small Farm Fresh grocery store.

Iran poised to enter the space race

Iran is ready to enter space, according to a report in Aviation Week & Space Technology magazine.

The Vine

Year One at Newsvine and Back for Another

Baltimore, MD, A year ago before the election, I joined Newsvine to express my discomfort with the election and how it was going for Barack Obama. I didn't want Barack Obama to become President of the United States for various reasons but not because he is black (I am black).

Stimulus fund job benefits exaggerated, review finds
Source: The Boston Globe

While Massachusetts recipients of federal stimulus money collectively report 12,374 jobs saved or created, a Globe review shows that number is wildly exaggerated.

Stiglitz Says U.S. Is Paying for Failure to Nationalize Banks
Source: Bloomberg.com

Nov. 2 (Bloomberg) -- Nobel Prize-winning economist Joseph Stiglitz said the world's biggest economy is suffering because of the U.S. government's failure to nationalize banks during the financial crisis.

NASA: Ares I-X rocket damaged in test flight
Source: msnbc.com

NASA says the Ares I-X booster rocket used in a test flight was badly dented when it fell into the Atlantic.

Massachusetts universal coverage does not reduce ED visits, polls say
Source: amednews.com

Public Option will neither improve America's health nor reduce costs (bend the curve down).

Are the Obamanoids as dumb as they seem?
Source: Pajamas Media

Are the Obamanoids as dumb as they seem?Team Obama certainly ran a brilliant election campaign, but since they left Chicago for Washington, they seem to have dropped about twenty-five IQ points – or do they think the rest of the world is like Chicago? I'm not even sure it's …

IBD Treatment Boosts Risk of Lymphomas
Source: Medpage Today

Thiopurine drugs used to keep inflammatory bowel disease in remission may increase the risk of malignant lymphoproliferative disorders, researchers said.

Obama to GOP: "Grab a Mop."
Source: Daily Kos

Obama want's a nation of socialist janitors.

New Republican Party site crashes hours after launch
Source: Christian Science Monitor

There's a metaphor lurking in here somewhere. The same day GOP Chairman Michael Steele unveiled a new online home for the Republican Party, the website apparently crashed, leaving users unable to log on to GOP.com.

Replacement Pieces

Blood of my blood you are not, but into my life you came. You continued my growth & cultivation, yet never altered my name. I battled you each step of every day but you loved me and gave me time. To grow up and understand that, life does not always have sanity nor rhyme.  …

Media Goes into Blame Bush Mode for Chicago Olympics Loss
Source:

It didn't take long for a major media outlet to lapse back into blame Bush mode once Chicago's bid of the 2016 Olympics failed on the first ballot.

Million Med March
Source: FOXNews.com

Doctors are on target here.

Philips Healthcare Recalls 5,400 Defibrillator
Source: firstcoastnews.com

Philips Healthcare said Saturday it is recalling about 5,400 automated external defibrillators after receiving reports of a memory chip failure in a small number of some models that could make them inoperable

Full-Court Press by White House Fails to Sway Committee
Source: Wall Street Journal

The selection of Rio de Janeiro over Chicago for the 2016 Olympics was an embarrassment for President Barack Obama, whose appearance before the International Olympic Committee was the first by a U.S. president.

Gore Vidal: We'll have a dictatorship soon in the US
Source: The Times

Last year he famously switched allegiance from Hillary Clinton to Barack Obama during the Democratic nomination process for president. Now, he reveals, he regrets his change of heart. How's Obama doing? "Dreadfully. I was hopeful.

Revised-Obama Fails at Health Care: What Else? by Harvard Hollenberg

TROOPS & HOODOO (Revised-Obama Fails at Health Care - 9-29-2009) By Harvard Hollenberg

"Cherni Piar" - has our democracy really devolved to Russia's political level?

For those of you that are wondering, "Cherni Piar" is Russian for "Black PR". The "piar" is a transliteration of the acronym for Public Relations. It refers specifically to the intensely corrupt nature of political campaigning within the Russian Federation.

McChrystal: More Forces or 'Mission Failure'
Source: The Washington Post

The top U.S.

Failure to Yield: Evaluating the Performance of Genetically Engineered Crops
Source: bytestyle.tv

For years the biotechnology industry has trumpeted that it will feed the world, promising that its genetically engineered crops will produce higher yields.

Opinion: So far, Obama's failing miserably
Source: Politico

Barack Obama's initial approach to the office of the presidency has been as grandiose as Bush's was restrained. It's not hard to recall that he ran as a transformative candidate, promising sweeping, though somewhat fuzzy, "change" during the campaign.

Why Capitalism Fails
Source: Common Dreams

Modern finance was far from the stabilizing force that mainstream economics portrayed: rather, it was a system that created the illusion of stability while simultaneously creating the conditions for an inevitable and dramatic collapse.

Pull the trigger
Source: columbiaspectator.com

Wednesday's speech even heralded the coming of "a new insurance exchange—a marketplace where individuals and small businesses will be able to shop for health insurance at competitive prices." Why, more free enterprise—just what we've been missing! Obama continued, " …

Health-Care Reform: Failures of Existing US Government Run Healthcare Programs

MEDICARE 1) Medicare beneficiaries do not have the choice of physicians because many physicians elect not to participate in this program, mostly the result of the Medicare bureaucracy.

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