Monday, April 14, 2008

More economic issues

Housing bubble 'mutating into global phenomenon'...

BANKS TO REVEAL FRESH $15B LOSS...

Investors fear...

An Economy Built On Lies

By Gary North

In this report, I am going to present an astounding document. You have not heard of it. It is at the heart of the current residential real estate crisis. It has to do with liar loans. Continue


Wanta Save the Economy? Give Workers a Raise

By Mike Whitney

A specter is haunting Wall Street---the specter of insolvency. One major player, Bear Stearns, has already gone under, and from the looks of it, another may be on the way. It's getting ugly out there. Continue


Recession, Depression, Collapse:

What's Fear Got To Do With It?

By Carolyn Baker

The world we wanted to have is not within our reach; the world we deeply dread is upon us. Meanwhile, the world we have known, ugly as it may be but nevertheless familiar, is vanishing before our eyes. Continue


Why Americans Are Bitter

By Mary Pitt

We lose our jobs, we lose our homes, we lose our sons in the war without end, and now many of us are losing our tempers! Some are old enough to remember the miseries of the Great Depression and we feel another one coming on as history is repeating itself. Continue



The U.S. Healthcare System Has Collapsed.

CBS Video Report

Remote Area Medical was founded to bring free medicine to remote parts of the world, but now also helps thousands of Americans who have no health insurance or are underinsured. Scott Pelley reports. Continue


The Black Death of Financial Collapse

By James Cumes

The financial and economic crisis now upon us is by far the most menacing of the past century - even more so than the Great Depression of the 1930s. It is not just a "subprime" crisis; it is systemic - affecting the entire financial system. Continue

Gas, diesel prices hit new record: U.S. retail gas prices extended their record run Thursday, adding to the pain consumers feel every time they fill up. Experts predict prices will rise even higher as peak summer driving season approaches.

The American Middle Class Is Collapsing

Finance Ministers Emphasize Food Over Credit

Brown Calls UK Banks To Crisis Summit

Saving Banking From The Bankers

Citigroup And Merrill Lynch Reveal New $15B Loss

More Turmoil Feared As G7 Ducks Credit Crash

The Black Death Of Financial Collapse

Goldman Fixes WaMu Funding - Recommends Shorting!

Econ Data - Distortions, Deceptions, Outright Lies

Fury As UK Rates Cut But Mtges Still Go Up

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