FORD auto sales drop 32%...
TOYOTA: -37%...
CHRYSLER Wreck: -53%...
Government Wants Madoff Jailed...
Jewelry Transfer...
Madoff sightings cause heads to turn in New York...
FRESH START...
OBAMA: ECONOMY 'GETTING WORSE'...
Somber Thoughts for the New Year
Will There be a Recovery?
By Paul Craig Roberts
In the 21st century real wages have not risen. Workers have spent more by accepting deteriorating household balance sheets. They have maxed out their credit cards and spent the equity in their homes. Imitators of the US government, American consumers borrow to pay their bills. Continue
Cracks in the Foundation
The End of Capitalism?
By Ann Robertson
The collective consciousness of the U.S. working class is on the brink of a profound transformation. We grew up being told that capitalism was the best of all possible systems, with apparent confirmation being supplied by the fall of the Soviet Union. But we are now entering a new reality that has the potential to overturn all the old, established assumptions perhaps, in the final analysis, even to overturn capitalism itself. Continue
Ex-BoE Official Sees Dollar Collapse
London Daily Nails The Obama 'Win'
Krugman - Fed Can't Save Us From Great Depression
US Banks Drawn Into Madoff Scandal
Madoff Billions Said Stashed In Israel
Glass-Stegall Needed Immediately
Trillions Created - What Does Money Even Mean?
UK Banking Shakeup Far From Over
Brown Admits 'Recession' Could Go To 2011
M1 Goes Over The Cliff - Bernanke Has Lost Control
US Asks Arab States For $300B To Save Economy
Banks Bailout A Failure - & There's No 'Plan B'
Brown Rolls Out New 1930s New Deal
New Deal Bigger Gamble Than You Think
Frugal Is Now Cool In Cash-Strapped US
UK $200B Refinancing Time Bomb
SEC Probing More Ponzi Schemes
New Consortium To Buy IndyMac For $14B
Banks Defy Brown Call To Loosen Credit
Savers Facing No Interest Accounts
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