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

GIMME: More companies lining up for piece of bailout fund...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

World Financial Crisis