Friday, January 09, 2009


WE'LL SPEND OUR WAY OUT OF THIS

Swiss bank UBS closing hidden offshore holdings of American clients; Will shut 19,000 accounts... Developing...

UK interest rates cut to lowest since 1694...


Obama Uses Poll, Focus Groups to Sell Stimulus Plan to Congress...


LET'S PRINT MORE MONEY!

Obama Bets Big on Big Government...

Dems Raise Doubts on Plan...

Bloomberg Readies NYC Shopping List For Congress...

Detroit school seeks toilet paper, light bulbs 'to keep functioning'...

Chicago schools spent $67,000 on cappuccino machines...

Town of 194 wants $375 million from stimulus...

Obama warns of dire consequences without stimulus: "In short, a bad situation could become dramatically worse" if Washington doesn't go far enough to address the spreading crisis, the Democrat said as fresh economic reports showed an outlook growing increasingly grim.

Value of 2008 Bailouts Exceeds Combined Costs of All Major U.S. Wars: The total value of the bailouts undertaken by the federal government in 2008 now exceeds the combined cost of every major war the United States has ever engaged in, according to a comparison of war costs calculated by the Congressional Research Service (CRS) and the value of the bailouts as calculated by Bloomberg News or Bianco Research.

Bank of England cuts interest rates to lowest in more than 300 years: The Bank of England has cut interest rates to the lowest level in its 315-year history as it desperately attempts to prevent the UK recession deepening into a slump.

Chavez Gives Free Home Heating Oil For US Poor

Kidd - Protecting US Jobs A Bad Thing?

Madoff's Political Campaign Donations

US Deficit Set For Post War Record

UK To Print More As Rates Hit Record Lows

BoE Cuts Interest Rates To 300 Year Low

ECB Deems Britain Unworthy Of Euro

US Property Mogul Found Shot To Death

Dell To Cut 1,900 Jobs In Ireland

Intel Slashes Sales Forecast By $1 Billion

Intel And Time Warner Losses Begin To Show

Lenovo To Drop 2500 Computer Jobs

Pink Slips Pile Higher - Recession Worsens

Obama 'Stimulus' Plan Pushes Bailout To $8 Trillion

U.S. Stocks Drop - Most 2009 Gains Vanish

OPEC Production Cut Pushes Oil Over $50

1000s Of Brits Bankrupted Over Minor Debts

Alcoa Announces 15,000 Job Cuts

'Buy USA' Push

Merckle Suicide Shocks Many





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