In this Blog I will discuss Life the Universe and Everything, and maybe even Prairie Home Companion.
Wednesday, December 31, 2008
Rep. Dr. Ron Paul Asks Bernanke If U.S. Is Moving To Fascism
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Tuesday, December 30, 2008
Cheny Protected By Executive Privilege In Plame Affair
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More economic troubles.
CHANEL lays off staff as crunch hits lux brands...
Congress Plans Madoff Hearings...
IMF economist warns of “Great Depression”: The top economist at the International Monetary Fund, Olivier Blanchard, warned earlier this week that continued declines in consumer spending would set off a global depression. "Consumer and business confidence indexes have never fallen so far since they began. The coming months will be very bad," he told the French newspaper Le Monde, as reported by Agence France-Presse.
Holiday Sales Drop to Force Bankruptcies, Closing: U.S. retailers face a wave of store closings, bankruptcies and takeovers starting next month as holiday sales are shaping up to be the worst in 40 years.
Cash-strapped states cut juvenile justice programs: State budget cuts are forcing some of the nation's youngest criminals out of counseling programs and group homes and into juvenile prisons in what critics contend is a shortsighted move that will eventually lead to more crime and higher costs.
Cash-strapped states weigh selling roads, parks: Minnesota is deep in the hole financially, but the state still owns a premier golf resort, a sprawling amateur sports complex, a big airport, a major zoo and land holdings the size of the Central American country of Belize.
Fallout Starts After 'Horrific' Holiday Retail Season
The Wall St Ponzi Scheme - Fractional Reserve Banking
Oil, Gold Sharply Higher On Gaza Killing
UK Backs Face $100B Commercial Prop Bomb
Recession To Cost Britain 1 Million Jobs
Low Oil Prices Force Russia To Devalues Ruble
Madoff May Have Stashed Cash Offshore (Nah...)
Comprehensive List Of Madoff Victims
Only Full Disclosure Of Toxic Debt Will Work
Madoff Probe Focuses On Tax Havens
Demand For Oil Tol Drop Most In 25 Yrs
2008 Can Become Worst Ever For Wall St
Bargain Shopper Fail To Save Retail Season
US Shopping Season Worst In Over 40 Years
GM Becomes Bank To Get On Gravy Train
32,000 UK Realtor Jobs Wiped Out
Doubts Grow Over Barky's Giant Spending Promises
Monday, December 29, 2008
More economic troubles.
FINAL WEEK: Wall St. faces record losses in 2008...
Chicago's newspapers facing troubled futures...
Music industry looks to internet for revival...
SAYING YES TO ANYONE, WAMU BUILT EMPIRE ON SHAKY LOANS...
The Federal Reserve Abolition Act
By Stephen Lendman
It worried Thomas Jefferson enough to call banking institutions "more dangerous to our liberties than standing armies" at a much simpler time in our history. The right to create and control money belongs to the people through their elected representatives. For the past 95 years, powerful bankers accountable to no one have had it. They effectively run the country (and own it), and unless We the People change things, we'll continue to be victimized by economic tyranny and the eventual political kind that's coming. Continue
Chávez: Capitalists Have Manipulated the Message of Christ to Exploit the Poor
By Venezolana de Televisión
"The Kingdom of Heaven is not a kingdom or life in the clouds. Either it exists here or else it exists nowhere," President Chávez issued a wake-up call during the last Sunday program of 2008. " Continue
25% of Retailers May Go Bankrupt: Analysts estimate that from about 10% to 26% of all retailers are in financial distress and in danger of filing for Chapter 11. AlixPartners LLP, a Michigan-based turnaround consulting firm, estimates that 25.8% of 182 large retailers it tracks are at significant risk of filing for bankruptcy or facing financial distress in 2009 or 2010.
Low Oil Prices Force Russia To Devalues Ruble
Madoff May Have Stashed Cash Offshore (Nah...)
Comprehensive List Of Madoff Victims
Only Full Disclosure Of Toxic Debt Will Work
Madoff Probe Focuses On Tax Havens
Demand For Oil Tol Drop Most In 25 Yrs
2008 Can Become Worst Ever For Wall St
Bargain Shopper Fail To Save Retail Season
US Shopping Season Worst In Over 40 Years
GM Becomes Bank To Get On Gravy Train
32,000 UK Realtor Jobs Wiped Out
Doubts Grow Over Barky's Giant Spending Promises
Sunday, December 28, 2008
Ron Paul: Economic crisis may be a blessing (12/27/08)
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2008 Could Be Worst Year Ever for Wall Street
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Cash-Strapped States Contemplate Selling Off Roads & Parks
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Retailers Want In on Stimulus Plan...
Sales Plummet; Discounts Don't Revive Holiday Spending; High-End Walloped...
2008 Can Become Worst Ever For Wall St
Bargain Shopper Fail To Save Retail Season
US Shopping Season Worst In Over 40 Years
GM Becomes Bank To Get On Gravy Train
32,000 UK Realtor Jobs Wiped Out
Doubts Grow Over Barky's Giant Spending Promises
Saturday, December 27, 2008
Autoworkers Union Keeps $6 Million Golf Course for Members a
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The Great Crash 2008:Geopolitical Set Back for the US & EU.
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Federal Reserve is worth its weight in gold
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More economic troubles.
Autoworkers Union Keeps $6 Million Golf Course for Members at $33 Million Lakeside Retreat...
Retailers Want In on Stimulus Plan...
Sales Plummet; Discounts Don't Revive Holiday Spending; High-End Walloped...
Justice For Mr. Madoff?
All Right, But Just This Once."
By Dave Parts
The victims go after other victims? The perpetrator sits in his town home, living as a king in exile, and the investors must fight each other over the scraps? It is beyond absurd. Continue
Japan output data casts more gloom: The figures released on Friday shows Japanese industrial production slumped more than eight per cent in November from the month before, the biggest fall on record.
U.S. Economy: Home Prices Fall Near Depression Pace: Sales of single-family houses in the U.S. dropped in November by the most in two decades and resale prices collapsed at a pace reminiscent of the Great Depression, dashing speculation the market was close to a bottom.
Visits to U.S. Retailers Fell 24% on Weekend Before Christmas: Customer visits to U.S. retailers fell 24 percent last weekend compared with a year earlier, the biggest drop on record, as deepened discounts failed to attract consumers.
Cash-strapped states look to cut from Medicaid: States from Rhode Island to California are being forced to curtail Medicaid, the government health insurance program for the poor, as they struggle to cope with the deteriorating economy.
1/3 Of US Banks May Fail Or Merge In 2009
The Madoff Victims - Not Anti-Semitism
Detroit Ave Home $18,513 - Unemployment Rate 21%
Early Suspicions About Bernard Madoff
Shopping Bonanza - Up To 90% Discounts
Financial Markets As 'Recession' Deepens
Insolvent Financial System Signals Higher Gold
Fiscal Insanity Virus Hits Canada, Italy, IMF
US Nov-Dec Holiday Sales Off 20%
Burien - US Hides $60 Trillion Off Books - Vid
NYC Synagogue Mogul Sued Over Madoff Scam
British Economy Set Back Five Years
Families Try Insurance Fraud To Save Selves
UK Plans Secret Tax On 'Nice' Homes
15 Big UK Retailers Face Collapse
Oil Near Dives To Near $35 A Barrel
Japan Output Drops To Lowest Level In 55 Yrs
Massive Hedge Fund Redemptions As Investors Flee
Bleak Economic Future Seen In New Data
Japan Car Production Biggest Drop Since 1967
The Fed OKs GMAC To Become A Bank
US Retail Traffic Fell 24% Pre-Xmas Weekend
CA Budget Deficit Now $42 Billion
The Federal Reserve Abolition Act
Unemployment Filings Hit 26 Yr High
US Economy Shrinks Fastest Since 9-11
California Runs Out Of Money In February
Bush administration has been too lax in policing Wall Street
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Friday, December 26, 2008
Bush's $1 Trillion War on Terror: Even Costlier Than Expecte
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California will run out of money in February
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Millions of monkeys & 700 billion dollars.
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More economic troubles.
SLASH: NAME YOUR PRICE!
Wall St Santa rally small comfort after grim year; S&P set to end year down 40%...
Stimulus? A Mob Museum?
Retailers Want In on Stimulus Plan...
Sales Plummet; Discounts Don't Revive Holiday Spending; High-End Walloped...
Pope decries selfishness in economic crisis...
'If people look only to their own interests, our world will certainly fall apart'
1/3 of Banks Will Disappear Next Year
CBS Video Report
Many banks don't have enough money to survive in 2009, but mergers will keep their brands alive, said Ralph Silva of TowerGroup. Continue
Greed Has Pushed Political Credibility and Financial Trust into Freefall
By Gary Younge
Greenspan's ideology was unfettered, free-market capitalism. Its understanding of how the world works was rooted in self-interest. It was a value system that placed the private before the public, the individual before the collective, and the wealth of the few before the welfare of the many. Continue
Hey Reagan Democrats
Now Do You Get It?
By David Michael Green
The very people who had failed to regulate the folks causing the Even Greater Depression of the early twenty-first century now took $700 billion worth of taxpayer money and handed it to those same financial ‘industry’ crooks, without any requirements at all on what they could do with the money. But when the blue collar auto industry wanted just $15 billion to keep millions of middle class jobs afloat, the Republicans wouldn’t give it to them. Continue
Higher Wages or Bubblenomics:
What's it gonna be?
By Mike Whitney
A strong economy must be built on a solid foundation of steadily rising wages. If wages don't keep pace with production, the only way the economy can grow is through the expansion of debt, which leads to disaster. Continue
A New Wind Blowing
By Mary Pitt
The whole country is agog with the news of the Madoff Ponzi scheme and the billions he scammed from big investors, but nobody appears to realize that it is only the tip of a huge iceberg. Continue
N.Y. investor kills himself after losing over $1 billion in alleged Madoff scam: He was a distinguished investor who traced his lineage to the French aristocracy, hobnobbed with members of European high society and sailedaround the world on fancy yachts.
'PONZI SCHEME' AT CITI: A new Citigroup scandal is engulfing Robert Rubin and his former disciple Chuck Prince for their roles in an alleged Ponzi-style scheme that's now choking world banking. .
Japan Should Scrap U.S. Debt; Dollar May Plummet, Mikuni Says: Japan should write-off its holdings of Treasuries because the U.S. government will struggle to finance increasing debt levels needed to dig the economy out of recession, said Akio Mikuni, president of credit ratings agency Mikuni & Co.
Investor demands fund checks: The second-biggest investor in hedge funds will demand that some of the largest names in the industry, including Cerberus, Citadel, DE Shaw and SAC Capital, appoint independent administrators or face it pulling its money.
U.S. Military Preparing for Domestic Disturbances: A new report from the U.S. Army War College discusses the use of American troops to quell civil unrest brought about by a worsening economic crisis.
US Army Ready If Downturn Gets Out Of Hand: The US Army War College is on the case - ready to handle "unforeseen economic collapse" and the "rapid dissolution of public order in all or significant parts of the US."
U.S. jobless claims surge to 26-year high: The number of U.S. workers filing new claims for jobless benefits jumped by 30,000 to a 26-year peak last week, government data on Wednesday showed, as the country's year-long recession continued to chill the labour market.
Housing Starts Fall Through the Floor: In fact, the start reported for November is lower than any rate reported for the last fifty years.
Unemployed Americans Competing With Immigrant Labor for Unskilled Jobs: "Everybody is coming to look for work," Rene Jemio, outreach coordinator for the hiring hall, told the Wall Street Journal. "It's not just your average immigrant anymore; it's African-Americans and whites, too.
Oil Near Dives To Near $35 A Barrel
Japan Output Drops To Lowest Level In 55 Yrs
Massive Hedge Fund Redemptions As Investors Flee
Bleak Economic Future Seen In New Data
Japan Car Production Biggest Drop Since 1967
The Fed OKs GMAC To Become A Bank
Burien - The Biggest Game In Town - Vid
US Retail Traffic Fell 24% Pre-Xmas Weekend
CA Budget Deficit Now $42 Billion
The Federal Reserve Abolition Act
Unemployment Filings Hit 26 Yr High
Thursday, December 25, 2008
Dismantling the Imperial Presidency
read more | digg story
The Federal Reserve Abolition Act
read more | digg story
The Treasury & the Fed are making up a game plan on the fly!
read more | digg story
Why Is The U.S. Military Preparing For Massive Civil Unrest?
read more | digg story
More economic troubles.
SLASH: NAME YOUR PRICE!
Wall St Santa rally small comfort after grim year; S&P set to end year down 40%...
Cocoa hits 23-year high on supply fears...
PAIN: New York Times November ad revenue falls 20%...
Americans prefer news from Web to newspapers: survey...
Christmas plea: Store says 'shop, damn it, shop'...
New jobless claims jump more than expected...
USA falls deeper into recession...
Home prices may rise on mortgage boom...
Oil near $35...
PONZICIDE: Investor who lost $1.4B to Madoff kills himself...
World's richest woman was Madoff customer...
Greed Has Pushed Political Credibility and Financial Trust into Freefall
By Gary Younge
Greenspan's ideology was unfettered, free-market capitalism. Its understanding of how the world works was rooted in self-interest. It was a value system that placed the private before the public, the individual before the collective, and the wealth of the few before the welfare of the many. Continue
Hey Reagan Democrats
Now Do You Get It?
By David Michael Green
The very people who had failed to regulate the folks causing the Even Greater Depression of the early twenty-first century now took $700 billion worth of taxpayer money and handed it to those same financial ‘industry’ crooks, without any requirements at all on what they could do with the money. But when the blue collar auto industry wanted just $15 billion to keep millions of middle class jobs afloat, the Republicans wouldn’t give it to them. Continue
Higher Wages or Bubblenomics:
What's it gonna be?
By Mike Whitney
A strong economy must be built on a solid foundation of steadily rising wages. If wages don't keep pace with production, the only way the economy can grow is through the expansion of debt, which leads to disaster. Continue
A New Wind Blowing
By Mary Pitt
The whole country is agog with the news of the Madoff Ponzi scheme and the billions he scammed from big investors, but nobody appears to realize that it is only the tip of a huge iceberg. Continue
N.Y. investor kills himself after losing over $1 billion in alleged Madoff scam: He was a distinguished investor who traced his lineage to the French aristocracy, hobnobbed with members of European high society and sailedaround the world on fancy yachts.
'PONZI SCHEME' AT CITI: A new Citigroup scandal is engulfing Robert Rubin and his former disciple Chuck Prince for their roles in an alleged Ponzi-style scheme that's now choking world banking. .
Japan Should Scrap U.S. Debt; Dollar May Plummet, Mikuni Says: Japan should write-off its holdings of Treasuries because the U.S. government will struggle to finance increasing debt levels needed to dig the economy out of recession, said Akio Mikuni, president of credit ratings agency Mikuni & Co.
Investor demands fund checks: The second-biggest investor in hedge funds will demand that some of the largest names in the industry, including Cerberus, Citadel, DE Shaw and SAC Capital, appoint independent administrators or face it pulling its money.
U.S. Military Preparing for Domestic Disturbances: A new report from the U.S. Army War College discusses the use of American troops to quell civil unrest brought about by a worsening economic crisis.
US Army Ready If Downturn Gets Out Of Hand: The US Army War College is on the case - ready to handle "unforeseen economic collapse" and the "rapid dissolution of public order in all or significant parts of the US."
U.S. jobless claims surge to 26-year high: The number of U.S. workers filing new claims for jobless benefits jumped by 30,000 to a 26-year peak last week, government data on Wednesday showed, as the country's year-long recession continued to chill the labour market.
Housing Starts Fall Through the Floor: In fact, the start reported for November is lower than any rate reported for the last fifty years.
Unemployed Americans Competing With Immigrant Labor for Unskilled Jobs: "Everybody is coming to look for work," Rene Jemio, outreach coordinator for the hiring hall, told the Wall Street Journal. "It's not just your average immigrant anymore; it's African-Americans and whites, too.
The Federal Reserve Abolition Act
Unemployment Filings Hit 26 Yr High
US Economy Shrinks Fastest Since 9-11
California Runs Out Of Money In February
Wednesday, December 24, 2008
Why Is The U.S. Military Preparing For Massive Civil Unrest?
read more | digg story
More economic troubles.
SLASH!
Christmas plea: Store says 'shop, damn it, shop'...
New jobless claims jump more than expected...
USA falls deeper into recession...
PONZICIDE: Investor who lost $1.4B to Madoff kills himself...
World's richest woman was Madoff customer...
Stimulus: $1 trillion more with 'little oversight'?...
GOOGLE cuts back year-end bonuses; Staff given mobiles rather than cash...
Higher Wages or Bubblenomics:
What's it gonna be?
By Mike Whitney
A strong economy must be built on a solid foundation of steadily rising wages. If wages don't keep pace with production, the only way the economy can grow is through the expansion of debt, which leads to disaster. Continue
World Faces "Total" Financial Meltdown: Bank of Spain Chief
By AFP
The governor of the Bank of Spain on Sunday issued a bleak assessment of the economic crisis, warning that the world faced a "total" financial meltdown unseen since the Great Depression. Continue
With Economy in Shambles, Congress Gets a Raise
By Jordy Yager
A crumbling economy, more than 2 million constituents who have lost their jobs this year, and congressional demands of CEOs to work for free did not convince lawmakers to freeze their own pay. Continue
Bernard Madoff:
Wall Street Swindler Strikes Powerful Blows for Social Justice
By James Petras
In a few days, one individual, Bernard Madoff, has struck a bigger blow against global financial capital, Wall Street and the US Zionist Lobby/Israel-First Agenda than the entire US and European left combined over the past half century! Continue
Fighting the Greedy Defense Lobbyists: Our Schools vs. Their Worthless Weaponry
Madoff Scheme Was ‘Impossible’ to Do Alone, Says EIM’s Busson: Bernard Madoff’s alleged Ponzi scheme, which might have cost investors $50 billion, couldn’t have been carried out alone, said Arpad ‘Arki’ Busson, chairman and founder of Swiss investment firm EIM SA.
Greed has Pushed Political Credibility and Financial Trust into Freefall: Recent scandals in America reveal a value system that puts the wealth of a few before the welfare of many
World faces "total" financial meltdown: Bank of Spain chief : The governor of the Bank of Spain on Sunday issued a bleak assessment of the economic crisis, warning that the world faced a "total" financial meltdown unseen since the Great Depression.
New Report: Worldwide Bankruptcy Wave About to Hit: Europe and the U.S. are about to experience a significant increase in business failures. That's the conclusion reached by Paris-based Euler Hermes, the world's largest credit insurer, in a recently released 57-page report on business insolvencies worldwide.
UK: Bailiffs get power to use force on debtors: The government has been accused of trampling on individual liberties by proposing wide-ranging new powers for bailiffs to break into homes and to use “reasonable force” against householders who try to protect their valuables.
Where'd the bailout money go? Shhhh, it's a secret: After receiving billions in aid from U.S. taxpayers, the nation's largest banks say they can't track exactly how they're spending the money or they simply refuse to discuss it.
$1.6 billion went to bailed-out bank execs: Records show bonuses, chauffeurs, health club benefits, financial planning
ADL Calls Madoff Critics 'Anti Semites'
Madoff-Linked Dead NY Fund Mgr Had 'Stab Wounds'
Madoff Victims Have To Return 6 Yrs Profits?
Fund Mgr w/Madoff Ties Found Dead In NY
US Home Prices Drop At Near Depression Pace
US Property Developers Seek Govt Aid
Brown Wants 27% Inerest On Loans To Poor!
RBS Repo Threat Even When Mtge Paid!
UK Mtge Approvals Fall To All-Time Lows
Global Jobless To Rise By 25 million
Era Of Russian Oligarchs Ending
Central Banks Revolution Gathers Speed
Federal Reserve Is THE Reason For US Demise
US Economy Sinks In Ocean Of New Money
Why US Trade Deficit Is Worsening
Great Stocks/Commodities Deleveraging Crash Of 09
Belgian Govt Collapses Over Fortis Bank Selloff
Growing Signs Of Workers Unrest In China
Keep Blowing...The Bailout Bubble Will Burst
Where Did Bailout $ Go? Big Banks Won't Say
Global Shipping Sinking Fast - Stories
Tuesday, December 23, 2008
Bank Regulator Let Banks Falsify Reports
read more | digg story
More economic troubles.
California could be broke in 2 months...
Unions sue governor over mandatory days off...
GM, FORD Debt Lowered Further Into Junk as Automakers Tackle Restructuring...
Increased shoplifting another sign of bad times...
Stimulus? $1 billion for Vegas roads...
Mortgage activity surges at banks; Lenders caught off-guard by flurry of applications...
Where'd the bailout money go? Shhhh, it's a secret...
Sees parallels in new politics and Nazi Germany...
Saving Capitalism No Sure Thing as Statism Undermines Economy...
World Faces "Total" Financial Meltdown: Bank of Spain Chief
By AFP
The governor of the Bank of Spain on Sunday issued a bleak assessment of the economic crisis, warning that the world faced a "total" financial meltdown unseen since the Great Depression. Continue
With Economy in Shambles, Congress Gets a Raise
By Jordy Yager
A crumbling economy, more than 2 million constituents who have lost their jobs this year, and congressional demands of CEOs to work for free did not convince lawmakers to freeze their own pay. Continue
Bernard Madoff:
Wall Street Swindler Strikes Powerful Blows for Social Justice
By James Petras
In a few days, one individual, Bernard Madoff, has struck a bigger blow against global financial capital, Wall Street and the US Zionist Lobby/Israel-First Agenda than the entire US and European left combined over the past half century! Continue
Fighting the Greedy Defense Lobbyists: Our Schools vs. Their Worthless Weaponry
Madoff Scheme Was ‘Impossible’ to Do Alone, Says EIM’s Busson: Bernard Madoff’s alleged Ponzi scheme, which might have cost investors $50 billion, couldn’t have been carried out alone, said Arpad ‘Arki’ Busson, chairman and founder of Swiss investment firm EIM SA.
Greed has Pushed Political Credibility and Financial Trust into Freefall: Recent scandals in America reveal a value system that puts the wealth of a few before the welfare of many
World faces "total" financial meltdown: Bank of Spain chief : The governor of the Bank of Spain on Sunday issued a bleak assessment of the economic crisis, warning that the world faced a "total" financial meltdown unseen since the Great Depression.
New Report: Worldwide Bankruptcy Wave About to Hit: Europe and the U.S. are about to experience a significant increase in business failures. That's the conclusion reached by Paris-based Euler Hermes, the world's largest credit insurer, in a recently released 57-page report on business insolvencies worldwide.
UK: Bailiffs get power to use force on debtors: The government has been accused of trampling on individual liberties by proposing wide-ranging new powers for bailiffs to break into homes and to use “reasonable force” against householders who try to protect their valuables.
Where'd the bailout money go? Shhhh, it's a secret: After receiving billions in aid from U.S. taxpayers, the nation's largest banks say they can't track exactly how they're spending the money or they simply refuse to discuss it.
$1.6 billion went to bailed-out bank execs: Records show bonuses, chauffeurs, health club benefits, financial planning
Federal Reserve Is THE Reason For US Demise
US Economy Sinks In Ocean Of New Money
Why US Trade Deficit Is Worsening
Great Stocks/Commodities Deleveraging Crash Of 09
Belgian Govt Collapses Over Fortis Bank Selloff
Growing Signs Of Workers Unrest In China
Keep Blowing...The Bailout Bubble Will Burst
Where Did Bailout $ Go? Big Banks Won't Say
Global Shipping Sinking Fast - Stories
FBI Diverts Terror Agents To Madoff Case
Liquidator Seizes Madoff's UK Fund
Toyota In First EVER Annual Loss
Barky Wants $700B To Save Economy
Bush Detroit Bailout Looks Like Path To BK
UK Home Prices Won't Recover For Decade
Wave Of Major UK Retail Bankruptcies Soon
Bank Of China Rage At Deutsche Debt Move
China Cuts Rates For 5th Time In 90 Days
Japanese Exports Fall Record 27%
Oligarchs Seek $78B - Putin Will Benefit
Greed Shows Wealth Of Elite Put Above All
Kuwait Investment House Fails - Gulf Image Hit
'Total' World Financial Meltdown - Bank Of Spain
US Gasoline Seen Hitting $1 Gal In 2009
ADL Screams Anti-Semitism! Over Madoff Posts On Net
Madoff 'Fraud' Used to Cover Loses?
Madoff's Ethnic Cleansing of America
$1.6 Billion Went To Bailed Out Bank Execs!
Top Banker Found Hanged In Hotel Room
Monday, December 22, 2008
Banks Can't Track Bailout Money, Won't Talk About It
read more | digg story
Banks Refuse To Disclose How Bailout Money Is Spent
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More Antal Fekete as Gold Backwardation goes on...
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Expect more economic whiplash.
read more | digg story
Serfs to pay $1.6B in taxes to bailed-out bank execs Lords
read more | digg story
The Streak is Ending: Toyota Expects First Operating Loss
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ABC News: Where'd the Bailout Money Go? Shhhh, It's a Secret
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Cartoon: Federal Reserve Social Security Ponzi Scheme
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AP Study Finds $1.6B Went to Bailed-Out Bank Execs
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Wall Street Still Flying Corporate Jets
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More economic troubles.
Bank of Spain chief: World faces 'total' financial meltdown...
IMF chief warns 2009 may be 'even darker'...
If the former chairman of Nasdaq is a crook
Who Can You Trust in America?
By Nicholas von Hoffman
Madoff's fall has planted the seeds of suspicion. We now doubt those we have done business with for years. The presumption of trust is gone. Continue
Capitalism Short Circuits Our Moral Hard-Wiring
By Gary Olson
Perhaps not since the 1930s have our citizens been more skeptical of received wisdom about our socioeconomic system. That is, the carefully manufactured narrative of market capitalist identity and its assumptions about human nature are now thrown into sharp relief. Continue
"It's Kristallnacht Two!" An Ethnic Cleansing in America : In terms of financial and psychological impact, Bernard Maddow’s $50 billion heist certainly ranks as a major ethnic cleansing here in America, a hugely traumatic event for American Jewry.
Calif. unemployment rate jumps to 8.4 percent: The jobless rate announced by the U.S. Department of Labor was up from 5.7 percent a year earlier, and 8.2 percent in October. Only Michigan and Rhode Island posted higher jobless rates than California.
Bush 'considering' auto bankruptcy: The Bush administration has said it is seriously considering allowing struggling major US vehicle manufacturers to go bankrupt despite their plea for government aid.
Federal spending soars 25% before bailout: The government's spending commitments exploded by 25 percent in 2008, putting taxpayers more than $1 trillion in the hole even before the astronomical costs of the economic bailout were taken into account, according to an annual report released Monday by the White House.
GM Opens Eighth China Plant, Won't Add Further Capacity Soon: GM expects to boost China sales about 9 percent next year as it adds new models and an economic stimulus plan helps revive overall demand. Auto sales in China have declined in three of the past four months because of the global economic slowdown.
Credit-Card Users Feel Pain as U.S. Banks Reap Gain: Credit-card companies, facing an increase in defaults and a decline in consumer spending, are raising some rates, adding fees and cutting credit lines as the Federal Reserve makes the most sweeping changes to the industry in 30 years.
'Total' World Financial Meltdown - Bank Of Spain
US Gasoline Seen Hitting $1 Gal In 2009
ADL Screams Anti-Semitism! Over Madoff Posts On Net
Madoff 'Fraud' Used to Cover Loses?
Madoff's Ethnic Cleansing of America
$1.6 Billion Went To Bailed Out Bank Execs!
Top Banker Found Hanged In Hotel Room
UK Debt At 'Disturbing' Level - IMF
World Protectionist Dominoes Crumbling
Irish Banks Saved By ¤7B Bailout
Bailiffs Can Use Force On Debtors
Madoff Projected Charm, Confidence, Integrity
Jews - Madoff Broke 'Taboo Among Criminals'
Latest Madoff Tally To Date - $36 Billion
US Economy - The Philopher's Stone - Vid
Swindler Madoff Strikes Blows For Social Justice!
Canada To Give GM, Chrysler $4 Billion
Wall Street Readies For Next Big Heist
World Crisis Tipping Point In March, 2009
Bailout Ripoff Tops $8 Trillion
Bye Bye Dollar, Bye Bye Treasuries
Saturday, December 20, 2008
America Will Soon Owe More Than Its Citizens Are Worth
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Japan's Central Bank Echoes Fed's Disastrous Int. Rate Cut
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Ron Paul: Auto Rescue is Damaging to Economy
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Bush Approves $17.4 Billion Auto Bailout
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Uncle Sam Screwed to the Tune of $17 billion in Ponzi Scheme
read more | digg story
Paulson: Congress Should Release Rest Of TARP
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Friday, December 19, 2008
Dollar inevitably loses world reserve currency status
read more | digg story
More economic troubles.
STICKER SHOCK: BUSH BILLIONS FOR AUTOS
FORD SAYS 'NO THANKS'
Bush says he can't let auto companies collapse...
Bailout for autos...
...access the money immediately
'Short-Term Loans'...
Congress Gives Themselves a Raise...
World Bank: Russia may need help if oil falls more...
Bush 'considering' auto bankruptcy: The Bush administration has said it is seriously considering allowing struggling major US vehicle manufacturers to go bankrupt despite their plea for government aid.
Federal spending soars 25% before bailout: The government's spending commitments exploded by 25 percent in 2008, putting taxpayers more than $1 trillion in the hole even before the astronomical costs of the economic bailout were taken into account, according to an annual report released Monday by the White House.
GM Opens Eighth China Plant, Won't Add Further Capacity Soon: GM expects to boost China sales about 9 percent next year as it adds new models and an economic stimulus plan helps revive overall demand. Auto sales in China have declined in three of the past four months because of the global economic slowdown.
Credit-Card Users Feel Pain as U.S. Banks Reap Gain: Credit-card companies, facing an increase in defaults and a decline in consumer spending, are raising some rates, adding fees and cutting credit lines as the Federal Reserve makes the most sweeping changes to the industry in 30 years.
Dismal Economy Sinks Oil Below US$37
Once In A Millenium Financial Crisis
Madoff Moved The Money To Israel?
Bush Considers 'Orderly' Automaker Bankruptcy
Dollar's Drop Erases Months Of Solid Gains
30 Chrysler Plants To Close For A Month
The Talmud, Wall Street, & Bernie The Goniff
Stocks Drops - Fear Fed Is Out Of Tricks
BoE - UK Banks Will Need More Money
Desperate Fed Rate Cuts Won't Save Economy
Madoff Victims Threaten To Sue Banks
New SEC Chief Gave Madoff's Son A Job
Record OPEC Oil Cut Fails To Lift Prices
27,000 Woolworths Staff Gone In Janaury
UK Car Production Slumps By A Third
New Economic Policy - Just Print More
Thursday, December 18, 2008
Madoff in House Arrest, SEC Under Fire
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Fed unleashes greatest bubble of all
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Walter Williams: Counterfeiting versus Monetary Policy
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11-5-2024
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