The Fed has finally came clean. It now admits it bailed out Bear Stearns – taking on tens of billions of dollars of the bank’s bad loans – in order to smooth Bear Stearns’ takeover by JPMorgan Chase. The secret Fed bailout came months before Congress authorized the government to spend up to $700 billion…
British forces clearing and paving the way for the U.S. Marines and their Afghan partners to enter the city and claim it for the Afghan government. This is expected to be the largest show of international and Afghan force working together in order to shape, clear, hold and build. But the challenges are abundant and…
Obama Approved Secret Operations in Yemen to Eliminate al Queda Leaders January 27, 2010 /PRESSWIRE/ The US has engaged in a six-week operation in Yemen against al Queda that has resulted in the deaths of six regional al Qaeda leaders in that country, The Washington Post reports. President Barack Obama approved a December 24 operation…