FOOD COSTS RISING FASTEST IN 17 YEARS
Oil Rises to Record Above $112...
Wave of bankruptcies in retailing causes alarm...
FOOD CRISIS: Global backlash building against ethanol fuels...
McCain says USA in recession...
Blames 'greedy' Wall Street...
Proposes Break in Gas Taxes...
Saudi King: Leave some oil for future generations...
Barrel rises above record $112...
Financial Collapse Will End The Occupation
And it won't be "A time of our choosing"
By Mike Whitney
The Iraq War signals the end of US interventionism for at least a generation; maybe longer. The ideological foundation for the war (preemption/regime change) has been exposed as a baseless justification for unprovoked aggression. Someone will have to be held accountable. Continue
Money for Iraq war: What else could be done with it? At the low end of estimates of the cost of the war — $120 billion a year — the money would cover the projected cost of Clinton's universal health care plan. It could pay for Obama's less inclusive health care plan and his proposal to bail out homeowners with troubled mortgages.
U.S. business inventories up, sales down: U.S. business inventories rose 0.6 percent to $1.46 trillion in February, but sales fell 1.1 percent to $1.142 trillion, the Commerce Department said Monday.
Fourth-largest US bank resorts to emergency fundraising: America's fourth-largest bank, Wachovia, is raising $7bn (£3.52bn) through emergency fundraising as the subprime mortgage crisis in the US continues to reverberate through the banking sector.
U.S. housing collapse spreads overseas: The collapse of the housing bubble in the United States is mutating into a global phenomenon, with real estate prices down from the Irish countryside and the Spanish coast to Baltic seaports and even in parts of India.
Co-Payments Soar for Drugs With High Prices : Health insurance companies are rapidly adopting a new pricing system for very expensive drugs, asking patients to pay hundreds and even thousands of dollars for prescriptions for medications that may save their lives or slow the progress of serious diseases
US Financial Collapse Will End Bush/Cheney Iraq War
Wachovia Bank Gets $8B In Emergency Funding
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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