Bailout Bonanza
By Ralph Nader
Is there a larger, more exploited, defenseless group of undifferentiated Americans than the 133 million individual federal income taxpayers? Their dollars are used to subsidize organized corporate interests, giveaway taxpayer assets like minerals under the public lands, and bail out speculative, self-enriching corporations and their crooked bosses. Continue
Dollar Falls to Record Against Euro as EU Inflation Quickens : The currency had its biggest decline versus the euro in three weeks, weakening to $1.5979 as U.S. housing starts dropped more than twice as much as forecast to a 17-year low. The Canadian and Australian dollars and the Norwegian krone increased after crude oil touched a record $114.95 a barrel.
The Madness of Ben Bernanke: The dollar is in a tailspin, the trade deficit is growing and a recession is on the horizon. The American way of life is in serious danger. But the head of the Federal Reserve keeps on pumping easy credit into the system -- a crazy policy that will worsen the crisis.
Oil nears $115 a barrel: Gasoline and oil futures prices rocketed to new records Wednesday, propelled by concerns about how much gas will be available during the peak summer months. Crude futures approached US$115 for the first time.
March Housing Starts Down 36.5% Year-over-Year: New construction of U.S. houses plunged to the lowest level in 17 years in March, the Commerce Department estimated Wednesday. Starts fell 11.9% in March to a seasonally adjusted 947,000.
The Las Vegas Economic Downturn Has Started : The spillover effect from our national economic downturn has finally started to impact Las Vegas, and casino layoffs have officially begun
Liars, Wall Street And Your Gold
China Dumps Dollar - US Meltdown Underway
UK Home Prices Fall Fastest Since 1978
Merrill Lynch $8B In New Losses, Morgan, Citi Next
Brown To Urge Wall St To Reveal Losses
Banks Must Come Clean Says EU Boss
Ron Paul - The Fed Is Responsible For Credit Crisis
Pound Falls To New Low Against Euro
Central Banking - Why Fix What Doesn't Work?
China Buys $2 Billion Worth Of BP
Wholesale Prices Soared In March
March Inflation Spike Drops T Bonds - Oil Breaks $113
US Foreclosures Jump 57% As Homeowners Walk
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