Unemployment rate rises to 26-year high.

WASHINGTON (Reuters) - U.S. employers cut a fewer-than-expected 216,000 jobs in August, while the unemployment rate rose to a 26-year high, the government said on Friday in a report showing a still fragile labor market...Link

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Panel Rules Against Ashcroft...............

In the decision, a three-judge panel of the United States Court of Appeals for the Ninth Circuit, in San Francisco, was sharply critical of the Bush administration’s practice of holding people it suspected of terrorism without charges, as material witnesses. “We find this to be repugnant to the Constitution, and a painful reminder of some of the most ignominious chapters of our national history,” said the opinion, written by Judge Milan D. Smith Jr...Link

Kucinich renews call for Afghan withdrawal.

In a Friday press release, Rep. Dennis Kucinich (D-OH) condemned a NATO airstrike which killed 95 people, including much of the population of a small Afghan village, and renewed his call for the United States to withdraw its forces from both Afghanistan and Iraq. “News reports covering today’s attack by the U.S. command southwest of Kunduz province show that the good intentions of NATO forces in Afghanistan are not sufficient,” Kucinich stated. “If we want to avoid killing innocent civilians, we must end the war.”.Link

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Unemployment rate reaches a 26-year high.

Even though the unemployment rate has officially reached a 26-year high, there are indicators that the recession might not be worsening. The US unemployment rate jumped to 9.7 percent in August as 216,000 jobs were lost, the government said Friday in a report showing improving labor market conditions. The jobless rate rose three-tenths of a point to the highest since June 1983, but the data nonetheless showed an easing of the massive pace of job losses in an economy struggling to emerge from recession. The Labor Department report, seen as one of the best indicators of economic momentum, showed job losses narrowed considerably. Revised rate showed 276,000 jobs lost in July and 463,000 in June, higher than prior estimates of 247,00 and 443,000, respectively...Link

Ron Paul finds support for Fed audit...........

WASHINGTON (Reuters) - After decades of pushing long-shot causes like abolishing the income tax and reinstating the gold standard, Republican Representative Ron Paul finds himself in an unaccustomed spot: on the cusp of legislative victory. A majority of the libertarian-leaning Texan's colleagues in the House of Representatives support his proposal to increase congressional scrutiny of the Federal Reserve, and the measure could be included in a broader banking overhaul this fall. But don't expect the House to take up Paul's other pet causes, such as pulling out of the United Nations...Link