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Federal regulators seized Charter Bank in New Mexico this week as its capitalization fell below requirements, making it the latest of scores of banks to have failed in the economic crisis. However, the Albuquerque Journal reports that Charter faced a very low default rate on residential loans and no commercial failures, either - until the Office of Thrift Supervision, its regulator, demanded that Charter increase its declared risk fivefold (hat tip HA reader Super5): Federal authorities on Friday closed Charter Bank, a closely held, family-run financial institution known for its financing of low-income housing in New Mexico and for the philanthropy of its owners. … Last fall, Office of Thrift Supervision examiners, responding to the national collapse of real estate development, ordered Charter to increase its allowance for loan losses from $10.8 million to $55.4 million, even though Charter had no delinquent commercial construction loans and only [0].34 percent of the loans in its commercial real estate portfolio were behind on their payments. That order reduced the level of capital Charter had on its books. Last Wednesday, OTS ordered Charter to find new capital as a buffer against insolvency or face closure. Charter had hoped to find a buyer, but none appeared. The owners' stake in the company was wiped out by the forced closure. How involved were they in low-income lending? The head of New Mexico's MFA makes it clear: Charter became a major real estate lender and was especially active in underwriting and servicing mortgages for low-income housing. It worked closely with the Mortgage Finance Authority, which was established by the State Legislature to help finance low-income housing construction. According to MFA executive director Jay Czar, Charter services about 95 percent of the mortgages issued through the agency. "They are just class bankers," Czar said. "These are guys who quite frankly really look out for the s

"(1/4/10) FORT LAUDERDALE, FL - A new state law attempting to meet the requirements of the Federal Real ID Act instituted by Congress in 2005, now requires Floridians either getting a new license or renewing an expiring license to provide additional documentation to prove their identity before their new license can be issued. Even if a person uses the on-line renewal system or does so by mail, every renewing driver will have to bring at least four items to a local DHSMV/Driver's License office, proving their identity, address and Social Security Number. The DHSMV has set up a convenient website to help customers gather the necessary documents by creating a personalized list of items to bring with them to a driver's license office. Effective January 1, 2010, drivers are required to provide one of the following to establish their identity: a certified, state-issued birth certificate, a valid passport, a counselor report of birth abroad, a certificate of naturalization, or a certificate of citizenship. Expired or expiring driver's licenses/ID cards will not be accepted to prove one's identity. To prove their Social Security Number, they must provide one of the following items: a Social Security Card, a W-2 Form from their employer, a recent pay check, or a Form 1099. Additionally, drivers will have to show two documents to establish their home address, including (but not limited to): a recent mortgage bill or statement, a Florida voter registration card, Florida vehicle registration, a utility hook-up bill no more than 60 days old, a W-2 or 1099 form, recent bank statements,or even a current homeowner's insurance statement or bill. For those minors or dependents who do not have any of these items in their own name, a parent or guardian residing at the same address must accompany the driver and provide proof of their residence. For homeless persons, a letter from a homeless shelter or half-way house is only one of the documents allowed. Mail received from s

"By joining Fox News in a deal announced Monday, the former Republican vice presidential nominee gains instant access to an audience that gives Sean Hannity, Glenn Beck and Bill O'Reilly the highest ratings in cable news -- and a clear boost if she attempts another run for national office. "This gives her a platform she can use to stay relevant, to stay in the public eye and to flush out some of her policy positions," said Republican strategist Todd Harris, who once worked for Palin's 2008 running mate, John McCain. "To the degree it gives her a direct line to the kinds of people who vote in Republican primaries, it does give her an advantage." Out-of-work politicians are increasingly using television and radio to stay on the political radar and keep their options open, which is one reason that former Arkansas governor Mike Huckabee, an also-ran in the 2008 White House race and possible 2012 contender, is now hosting a weekend show, also on Fox. The former Alaska governor will appear as a pundit on various Fox shows, beginning Tuesday on "The O'Reilly Factor," and host an occasional series that was already in the works, "Real American Stories," which will examine inspirational tales involving ordinary citizens who have suffered setbacks. Palin has used similar language in speeches, and apologized during the presidential campaign for referring to small towns as "the real America" and the "pro-America areas of this great nation." Palin said in a statement that she is "thrilled" to be joining Fox, adding, "It's wonderful to be part of a place that so values fair and balanced news." "

Photographer: CNN Copyright 2013 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. PlayRegular Photo Size 3/3 Advertisement SHARETHIS Posted: 11:05 AM Last Updated: 35 minutes ago By: CNN Wire A week of critical diplomacy is set to begin in Washington, Beijing and Pyongyang. But the sides are so far apart, at least in public declarations, it is impossible to predict where any diplomatic efforts will lead. North Korea continues to hold fast to the position that its nuclear and ballistic missile programs are non-negotiable. Pyongyang's official news agency says the North wants U.N. Security Council sanctions lifted. The sanctions were put in place after North Korea launched a three-stage rocket last December that put a satellite in orbit. More sanctions were added when the North conducted its third underground nuclear test in February. The U.S. and South Korea insist that a verifiable path to dismantling those programs must be on the table for any negotiating process to begin. South Koreans are increasingly saying they may need a nuclear deterrent to counter Pyongyang's threats. China, of course, detests the possibility the U.S. would reintroduce strategic nuclear weapons there. (They were removed in 1991.) Everyone is heaping pressure on China to rein in the North Koreans. Looking at the North's rapidly growing nuclear threat, some South Koreans admit that after years of dismissing all the bombastic rhetoric from Pyongyang, real fears are emerging. "It really is a game changer," said Hahm Chaibong, president of the ASAN Institute for Policy Studies in Seoul. "We really don't know what to do with it because these are political weapons, these are psychological weapons."

"In a luxury hotel at Suweima, on the eastern shores of the Dead Sea, the Russians held a "Track II" conference this week designed to send a clear message to the Arab world: "We are back." Medvedev talks alongside... Medvedev talks alongside Egyptian President Hosni Mubarak, not pictured, after they signed bilateral accords at the Presidential Palace in Cairo on Tuesday. Photo: AP The conference, covered widely in the Arab world but hardly at all in Israel, took place just weeks after the re-launch - after an absence of some 18 years - of an Arabic version of the Moscow News. It also comes at a time of diplomatic stagnation in the Middle East that has led to increased calls from many quarters - particularly the Palestinians and the EU - for various actors in the international community to step in and impose a solution on the parties. Russia, obviously, wants to be one of these actors. Hence the two-day conference, part of the Valdai Discussion Club, put on jointly by the Ria Novosti, the Russian News and Information Agency funded by the government, and the Russian Council on Foreign and Defense Policy, the equivalent to the Council on Foreign relations in the US. The organizers invited a slew of Mideast experts from Russia and the region - including Bahrain, Egypt, Iran, Iraq, Israel, Jordan, Lebanon, the "State of Palestine," Saudi Arabia, Syria and Turkey, with a couple of people from the UK, US and France thrown in for good measure - to discuss whether a comprehensive settlement is possible in the Middle East by 2020. The hope of the conference, said Sergei Karaganov of the Council on Foreign and Defense Policy at its outset, was to "generate fresh ideas." Forget about it. The real agenda, it seems, was to implant in the Arab public a sense that Russia has returned to the region and is a player. Some 50 Arab media outlets covered the conference, according to its organizers, and Ria Novosti quoted Al Jazeera as saying, "This is perhaps the first large-scale

I do not know if this is real or not. I do now that this is supposed to going to trial here shortly. You be the judge here.

"I spent twenty-two years serving in the Colorado criminal justice arena. I worked as a municipal police patrolman, a police detective, a patrol sergeant, and as a uniformed county sheriff's deputy and detective. Following twenty years as a cop, I also spent two years on the other side of t he Courtroom as an Investigator for the Colorado State Public Defender's Office. So, I saw crime and punishment from both sides of the Courtroom. I spent my share of time at crime scenes gathering facts and evidence, then in Courts of Law, presenting the evidence and testifying under oath in trials. Sometimes, warrant in hand, I actually kicked in doors and made arrests at gunpoint, but not exactly like this Clint Eastwood "Dirty Harry" operation. Real cops don't get to do business like Dirty Harry did - but it is fun to watch his movies. To convince a judge to sign a search or arrest warrant I had to first make sure that in preparing my affidavit for arrest or search warrant I had jumped through all of the hoops within the Fourth Amendment, which guarantees protection from unreasonable police searches of our homes, and capricious or illegal arrests. All of my reports, photos, and collected evidence were a matter of public record, available to defense attorneys through motions for discovery, to lay members of the public, and to members of the press via the Freedom of Information Act (FOIA). Imagine now a foreign international police department that does not have to worry about the constraints of the Fourth Amendment, an agency that has license to bypass American Courts of Law, can investigate and arrest American citizens within our own borders, haul them off to Court in a foreign land, and does not have to reveal any records or documents to anyone in the United States. Sounds like a recipe for disaster to me. I can foresee American military officers and enlisted personnel, CIA agents, former White House policy makers, even Dick Cheney and George Bush in jeo

"Haiti's history is a catalog of political disasters, one after the other. In one account of the nation's fight for independence from the French in the late 18th century, representatives of the nation are said to have made a pact with the Devil to throw off the French. According to this account, the Haitians considered the French as Catholics and wanted to side with whomever would oppose the French. Thus, some would use that tradition to explain all that has marked the tragedy of Haitian history -- including now the earthquake of January 12, 2010. Does God hate Haiti? That is the conclusion reached by many, who point to the earthquake as a sign of God's direct and observable judgment. God does judge the nations -- all of them -- and God will judge the nations. His judgment is perfect and his justice is sure. He rules over all the nations and his sovereign will is demonstrated in the rising and falling of nations and empires and peoples. Every molecule of matter obeys his command, and the earthquakes reveal his reign -- as do the tides of relief and assistance flowing into Haiti right now. A faithful Christian cannot accept the claim that God is a bystander in world events. The Bible clearly claims the sovereign rule of God over all his creation, all of the time. We have no right to claim that God was surprised by the earthquake in Haiti, or to allow that God could not have prevented it from happening. God's rule over creation involves both direct and indirect acts, but his rule is constant. The universe, even after the consequences of the Fall, still demonstrates the character of God in all its dimensions, objects, and occurrences. And yet, we have no right to claim that we know why a disaster like the earthquake in Haiti happened at just that place and at just that moment. The arrogance of human presumption is a real and present danger. We can trace the effects of a drunk driver to a car accident, but we cannot trace the effects of voodoo to an earthquake -- a

"We were told in 1995 and earlier of the Mark of the New World Order. Were we listening? Watch all 6 videos and find out where we are now, including HealthCare. "

"LONDON - New regulations that took effect Wednesday require skilled foreign workers who extend their stay in Britain to obtain identity cards containing biometric data, including finger prints and photographs. The UK Border Agency rules are part of the extended rollout of a 2008 program that will require all foreign workers who plan to stay in Britain six months or longer to obtain an ID card by April 2011. The rules apply only to workers from outside the European Economic Area and Switzerland. British officials say the ID cards for foreign workers will help combat illegal workers and illegal immigration and allow cardholders to establish their identity and immigration status, making it easier for them to access various benefits they are entitled to. The cards, in conjunction with workers' passports, can also be used to facilitate entry into Britain after trips abroad, officials said. Skilled workers are defined as those with a job sponsor who can establish their skills and earnings potential on a point-based system that also takes into account their English language ability."

"The present national identity card system is outdated, and does not create interconnectivity and has many security issues. Therefore, the Government is planning to introduce an electronic smart card system to replace it from this year, Defence Secretary Gotabhaya Rajapaksa said. "This new smart card system will create connectivity," the Defence Secretary said at the Tech Colloquium Conference on the theme 'The Role of IT in Nation Building' in Colombo on Monday. He said with the introduction of the new smart card system it could be used as an identity card as well as a multi-purpose card for other purposes. This will enable to prevent any security problems like duplication. This will be an advantage for security concerns to do their investigation and surveillance activities without any hazard, he said. Rajapaksa said developed countries use more advanced surveillance systems than Sri Lanka by using new technology and without using physical presence such as Police and Army personnel. Therefore, this can create some inconvenience to the public to a larger extent, he said. The Defence Secretary said developed countries used advanced security and surveillance systems than Sri Lanka without heavy police and military presence. Therefore electronic surveillance systems are linked to control rooms and these control rooms could dispatch security and military personnel to the relevant position. He said they are now in the process of introducing ICT and new technology for surveillance systems like in developed countries. ICT could also bring an economic revival after defeating three decades of ethnic crisis and achieving true victory, he said. "However, Sri Lanka is still not being developed to that level as we are heavily depending on physical systems, which inconvenience the public. The use of high and advanced technology and IT have brought a lot of achievements during the recent past and it almost did a revolutionary change in the war theater to suppress t

"Three steps to take to protect your account data from getting into the wrong hands Whether by choice or necessity, American consumers are increasingly relying on debit rather than credit cards. Debit card spending has risen steadily, growing from 47.7 percent of purchases made with plastic in 2003 to 58.9 percent in 2008 and it is expected to surpass 67 percent by 2013, according to the Nilson Report, a newsletter that tracks the consumer payment industry. When you use a debit card, the money is immediately taken from your checking account. While using debit guarantees that you pay as you go, these cards have downsides, including a growing appeal to thieves. "As economic conditions have worsened, there's been a noticeable increase in all types of card fraud," says Avivah Litan, an analyst specializing in fraud detection and prevention at Gartner Research in Stamford, Conn. "But ATM and debit-card fraud is the top area of concern we're hearing about from banks all over the world." More from ConsumerReports.org: * Pros and Cons of Debit Cards * Credit Card Perks * Post-Recession Investing Unlike credit-card thieves, who usually charge merchandise and then resell it to come up with money, people who create counterfeit ATM or debit cards by stealing your PIN and other account data can simply pull cold cash from your bank account. Using a technique known as skimming, they set up equipment that captures magnetic stripe and keypad information when you input your PIN at ATM machines, gas pumps, restaurants, or retailers. Here's how you can protect yourself: Don't Type in Your Pin at the Pump Be especially vigilant at gas stations, Litan says. "Gas pumps are notorious for skimming because they're produced by only a couple of different manufacturers, and if someone gets the key to one from a disgruntled employee, they can insert a skimming device inside the pump where it can't be seen," she says. She recommends using a credit card rather than a debit card whe