A new 'national bank' plan by the Federal Reserve will allow the government to lend out up to 800 billion more dollars to banks and businesses.
This is just the latest attempt to bail out the failing financial system in the US.
KBOO's Jenka Soderberg spoke with Mark Weisbrot of the Center for Economic and Policy Research about the economic crisis, and Obama's planned response.
A Vancouver bird rescue program faces an imminent foreclosure, and has called on the community to help.
The Northwest Bird Rescue Center is headed by Christopher Driggins, better known around Vancouver as 'the Bird Man'.
He's rescued hundreds of abused and injured birds since 2002, but has faced a serious financial crisis since a co-worker embezzled over seven hundred thousand dollars in 2006.
According to Driggins, the local branch of the FBI has been slow to investigate the case.
With his finances quickly dwindling, the small non-profit faces foreclosure and public auction on December 5.
More information can be found at NWbirdrescue.com.
Governor Ted Kulongoski unveils his budget on Monday, December 1, and already, rumors suggest it will include across-the-board trim for state departments, reflecting the economic downturn.
But with unemployment and use of social services at record highs in Oregon, charitable organizations say it’s no time for cutbacks in the types of assistance that keep vulnerable families afloat, and could help the economy as well.
Crystal Leighty has more, in collaboration with the Oregon News Service:
A private company has is offering airline passengers a chance to bypass security.
The clear card, as it’s called by Flyclear Corporation, will offer retina and finger print scans to passengers who are willing to volunteer private information and pass a TSA screening.
KBOO’S Kendall Archer speaks with Jason Glibeck from Flyclear Corporation about the new registered traveler card and some of the risks involved.
The International Journal of Intellectual Property Management just published a report that new Radio Frequency ID chip technology may conflict with the basic right to privacy.
KBOO’s Jenka Soderberg has more.
Thousands of people will gather this weekend at the gates of Fort Benning, in Georgia for a yearly protest against the School of the Americas, now known as WHINSEC.
The military school is a well known combat training center for Latin American soldiers.
Over its 59 years, the center has trained over 60,000 Latin American soldiers in counterinsurgency techniques, sniper training, commando and psychological warfare, military intelligence and interrogation tactics.
Today, KBOO reporter Owen Bastable spoke by phone with Hendrick Voss, an organizer of this year's protest.
The final part of the Ubu Xmas Special for 2008 gives us this rather depressing radio theater peice about some poor guy spending Chrismas alone, and unable to reach his friends or family. We've also tacked on the credits and stuff for the rest of the show.