23 Dec 2007
Credit-card defaults rise alarmingly

The piper will be paid, and the price is going to be steeper than anyone has imagined.

Americans are falling behind on their credit card payments at an alarming rate, sending delinquencies and defaults surging by double-digit percentages in the last year and prompting warnings of worse to come.

(link) [CNN.com]

22:15 /Politics | 0 comments | permanent link

First Dec. 25 Xmas tied to pagan shrine

How many other early churches were built in such places? Nearly all of them ...

And as for religious holidays, well, except for Easter, where the Christians stole only the name, all of them were originally pagan/heathen as well. And even in the case of Ostara (Easter) the bunnies and eggs managed to slide through - I remember wondering as a kid what chickens and rabbits had to do with some dude being crucified by the Romans.

AP - The church where the tradition of celebrating Christmas on Dec. 25 may have begun was built near a pagan shrine as part of an effort to spread Christianity, a leading Italian scholar says.

(link) [Yahoo! News: Top Stories]

09:53 /Asatru | 0 comments | permanent link

Santa Claus Comes for Failed Business Executives

If there is a story more representative of the chronic malaise that's afflicting American business, I'd like to see it.

The Washington Post had a good story on the dealings of the electronics retailer Circuit City. Unfortunately, it was buried in the business section where no one will see it. It should have been plastered at the top of the front page.

(link) [Beat the Press]

via Slashdot

09:49 /Politics | 0 comments | permanent link