Life the Universe and ....: More economic issues

Oil jumps above $73...Deficit forces California to issue IOUs...Loophole Benefits GE in Bank Rescue; Industrial Giant Becomes Top Recipient in Debt-Guarantee Program...

I Want My Money Back! (Pres. Obama!)

By Marie Marchand

Betrayal is a part of life. After awhile, you just come to expect it. Yet, the initial shock always hits you as a surprise. Alas, the nature of betrayal. Humans are vulnerable to being betrayed because underneath our husky shells, our pain and hardened hearts, we are soft and trustful creatures. We want to believe in people. Continue

Is the Fed Juicing the Stock Market?

By Mike Whitney

Why has the stock market been on a 3-month tear when the economy is undergoing the worst economic contraction since the Great Depression? The S&P 500 has shot up 40% from its low on March 9 and the Dow Jones Industrials have followed close behind. Is this a typical bear market rally or is the invisible hand of the Fed goosing the markets? Continue

Swiss Banks Shun Americans as U.S. Compels Disclosure: UBS AG and Credit Suisse Group AG, the country’s biggest banks, have told Americans to move their money into specially created units registered in the U.S., or lose their accounts. Smaller private banks such as Geneva-based Mirabaud & Cie. are closing all accounts held by U.S. taxpayers.

Struggling cities cancel Fourth of July fireworks: Nearly 50 cash-strapped cities nationwide are forgoing fireworks festivities, choosing instead to retain jobs or, in the case of Montebello, Calif., give the money to food bank

Veon - Globalization Of World Banking & Regulatory System

US Housing Market Hasn't Hit Bottom

Madoff Gets 150 Years In Prison

Hidden Toxic Bank Assets Threaten Recovery

Financial Crisis - From Chaos To Complacency

Mandelson Rejects BoE Demand For More Power

China Banks An Accident In Waiting For Everyone

Russia Invites Shell Back To Sakhalin

General Motors Bad News Investor Webpage

California...Here We Come! - Buchanan

The Fiat Currency Disease

Double Whammy For US Businesses & Consumers