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Archive for the ‘Current Affairs’ Category

La Habra Police Officer May be Charged in Fatal Car Accident

Saturday, June 11th, 2011

A La Habra police officer, who was involved in a fatal car accident earlier this year, may face vehicular manslaughter charges, the Orange County Register is reporting.
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Mortgage Rates Start to Rise : Is Inflation Next

Saturday, April 30th, 2011

The 30 year rate rose again this week rising from 4.92 to 5.00. Now in the last two weeks 30 year mortgage rates have risen from 4.87 to 5.00. Most of the other major mortgage products rose as well. The 15 year rate rose from 4.37 to 4.43. Both the 5 year arm rising from 4.38 to 4.40 and the 1 year arm was the only product to fall moving from 4.60 to 4.54.
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California Highway Patrol Braces for High Accident-Risk Holiday Season

Saturday, March 12th, 2011

It's Thanksgiving season, and millions of travelers around California will begin driving across the state to visit friends and family. For the California Highway Patrol and local enforcement agencies however, the four day weekend promises more numbers of drivers on the streets, congested traffic, incidents of road rage, and speeding and drunk driver. By all accounts, the California Highway Patrol has a greater challenge on its hands this year, than it did in 2008.
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5 Tips On Dealing With Economic Recession

Sunday, December 5th, 2010

Economic recession may be a normal part of the economic cycle but this does not mean that it is easy dealing with it. In fact, a lot of people have already been burned by this problem in the United States. Times are tough in the country and more and more people are feeling the heat of impoverishment.
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The Economic Bailout Debate

Thursday, October 14th, 2010

The much anticipated speech was given; it was the details that were missing. Treasury Secretary Timothy Geithner was expected in his speech this week to give the nitty gitty particulars about how the Obama administration will spend the rest of the money from the Emergency Economic Stabilization Act of 2008, commonly called the "bailout." But it seems lawmakers and investors walked away scratching their heads, unsure of how exactly Geithner plans to stabilize the shaky banking industry.
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Different Legal Punishments Given for Producing Counterfeit Money by Different Countries

Saturday, June 5th, 2010

Different countries have different legal punishments for those producing counterfeit money and the punishments are quite tough. The reason why the punishments are harsh is because counterfeit money reduces the value of actual money and causes inflation due to the increase of money being circulated throughout the economy.
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Austin Church Members Strive to Assist in Haiti

Tuesday, March 16th, 2010

The devastation that recently occurred in Haiti is truly heartbreaking, but it is always good to know that there are numerous caring people who are willing and able to take time away from their own lives to help the lives of others. For many of these people, however, the helping hand was stretched across to the people of Haiti well before the earthquake struck.
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Enterprise Fallout: NHTSA to ask Automakers to Disclose Safety Feature Deletion

Wednesday, February 10th, 2010

Last month, a controversy arose surrounding Enterprise Rent-a-Car's deletion of side airbags from GM Impalas and other vehicles, and how this could increase the risk of injuries in accidents involving these rental cars. The National Highway Traffic Safety Administration has now decided to take note of the risk to motorists driving these rental cars, or buying them.
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Is the Superfund Capable of Restoring Confidence?

Thursday, July 30th, 2009

The M-LEC, as it is called, has been created in order to restore investor confidence in some areas of the economy that are neccesary for credit to maintain its liquidity, or ease of transference from one entity (a bank) to another. This loss of liquidity comes in the wake of the discovery of high-risk, sickly subprime mortages that have been sold off in pieces, often in the form of supposedly secure money market funds to thousands of investors. Over the past several years, those funds have changed hands so many times that their spread is difficult to chart for the average investor, who therefore loses confidence investing in a potentially tainted company or financial institution, which, over time, results in a credit crunch, which is a surefire recipe for recession.
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Terrorism and War - Decoding Difference Between Terrorism and War

Thursday, July 30th, 2009

To the citizens of the U.S., the religious militants who are inciting hatred against the U.S. and hatching plots to kill Americans are terrorists. But to the citizens of countries like Iraq, Palestine, Afghanistan and Iran the U.S. and Israeli soldiers are the terrorists.
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