Obama Budget Proposes Up to $750B More Bank-Rescue...
$75.5B More Iraq, Afghanistan Combat Operations...
Tax Hike 2011...
'It's more Obama Robin Hood'...
$634B 'Health-Care Fund'...
FIDELITY exec slams 'New Deal II'; Blames feds for crisis...
Outlook grim for costly initiatives...
Bernanke again spurns talk of nationalization...
NEW: Assault Weapons Ban...
GM posts $9.6B 4Q loss, burns through $6.2B cash...
Recession, bailout, stimulus: US security threats?
Cut the Military Budget
By Barney Frank
Those organizations, editorial boards and individuals who talk about the need for fiscal responsibility should be challenged to begin with the area where our spending has been the most irresponsible and has produced the least good for the dollars expended--our military budget. Continue
I.O.U.S.A.
Wake up, America!
Video
Burdened with an ever-expanding government and military, increased international competition, overextended entitlement programs, and debts to foreign countries that are becoming impossible to honor, America must mend its spendthrift ways or face an economic disaster of epic proportions. Continue
It's Time to Break up the Big Banks
By Mike Whitney
Timothy Geithner is putting the finishing touches on a plan that will dump $1 trillion of toxic assets onto the US taxpayer. Continue
Nationalization: It's Not Scary, It's All Around You
By David Sirota
Amidst the punditocracy's handwringing about the supposedly unprecedented possibility of nationalization in America, Paul Krugman this week reminded his New York Times readers that nationalization is "as American as apple pie." Continue
A Planet at the Brink
Will Economic Brushfires Prove Too Virulent to Contain?
By Michael T. Klare
The global economic meltdown has already caused bank failures, bankruptcies, plant closings, and foreclosures and will, in the coming year, leave many tens of millions unemployed across the planet. But another perilous consequence of the crash of 2008 has only recently made its appearance: increased civil unrest and ethnic strife. Someday, perhaps, war may follow. Continue
How Can U.S. Recover Without Manufacturing Capacity?
By Glen Ford
"You can't put people to work in American factories that don't exist." Continue
Japan exports drop 46% in January: Trade in electronics and other goods has also slumped as global economies and consumer spending contract, pushing Japan deeper into recession.
The Credit Card Debt Crisis: The Next Economic Domino: Credit card defaults are on the rise and are expected to hit 10 percent this year. This will obviously drive many banks closer to failing their stress tests -- but it will have an even greater impact on the lives of people who find themselves sinking deeper and deeper into debt.
Get Ready for Mass Retail Closings: About 220,000 stores may close this year in America, says our guest, retail consultant Howard Davidowitz of Davidowitz & Associates. As more Americans save and spend less, it's clear there's too much retail space
Jefferson County, AL Can’t Make $636 million Debt Payment: The county was recently downgraded by the ratings agencies which resulted in accelerated principal and interest payments due to banks.
The Bankers Manifesto - A Real Document
Worried Investors Want Gold On Hand
Wall St Falls Again On Grim Data
Who Wrecked Your World Economy
Roberts - How The Economy Was Lost
Bernanke Calms Nationalization Fears (?)
BoA Fights To Hide Bonus Payouts
Savers Pull Record Amount From Banks
Best Hope Is Recovery In 2010 - Bernanke
US House Prices Fall To 2003 Levels
Debtor-In-Possession Loans Vultures' New Tool
Recession Deepens - UK Economy Down More
Banks In New Wave Of CDS Losses
German CDS Debt Spreads Hits Record
Euro Banks Bailout Threatens Common Market
Fiddling While Eastern Europe Burns
Japan's Exports Down By Half In One Year
Japanese Carmakers Slash Production By 50%
Russian Economy Hit By 8.8% Decline
Latvian Debt Is Rated Junk Status
Pakistan Needs $5B Immed To Avoid Collapse
BoA Heiress Blasts Bank Leaders As Idiots
Wall St & Bernanke - The Blind Leading The Blind
AIG Asks Fed For More Bailout Money
Asia Stocks Dive On Growing US Fears
UK Bankers Demand A Pay Raise!
Retail Jobs Losses Hit Record In UK
Central Europe Tries To Bolster Currencies
ECB Faces Mutiny From Bank Governors
ECB Warns Germany Against EU Bailout
Alarm Over Europe's Credit Contraction
Burien - The Psychology Behind The Shell Game
Global Systemic Geopolitical Dislocation
Orwellian Doublethink - 'Nationalize Banks'...'Free Markets'
Soros - No Bottom To World Financial Collapse
Is Madoff A Symbol Of Jewish Greed?
Lendman - The More They Do The Worse It Gets
China Losing Interest In Buying US Debt
World Financial System Is Insolvent
IMF Emergency Fund Doubled To $500 Billion
Slim Pickings If China Won't Buy Western Debt
China To Buy Up Foreign Oil Companies
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