Wednesday, June 24, 2009

More Economic Troubles

FLASH: CITIGROUP intends to raise salaries by up to 50%; Effort to halt exodus of top traders, bankers... Developing...
California cuts tax exemptions -- for kids...

MYSPACE axes two thirds of global workforce...

US files WTO case against China over exports...

Tug-of-war over 'Buy American'...

UPDATE: Switzerland moves to dilute bank secrecy...

Why America is a Bank-owned State

By Samah El-Shahat

America has become a bank-owned state, allowing its banking oligarchs to suffocate the economy so they can survive at any price. Continue

International Bailout Brings Us Closer to Economic Collapse

By Ron Paul

Last week Congress passed the war supplemental appropriations bill. In an affront to all those who thought they voted for a peace candidate, the current president will be sending another $106 billion we don’t have to continue the bloodshed in Afghanistan and Iraq, without a hint of a plan to bring our troops home.

Juicy Details on Corporate Lobbying
Why American Policy SUCKS

By Jill Richardson

I know everyone's aware of the problems lobbying poses to our country, but good lord, if people saw the sheer magnitude of it (and the comparatively paltry amounts spent in the people's interest) they would be outraged. So here goes. Here's the list of the top 100. Continue

The World According to Monsanto
Controlling Our Food

Video Documentary

On March 11 a new documentary was aired on French television - a documentary that Americans won’t ever see. The gigantic bio-tech corporation Monsanto is threatening to destroy the agricultural biodiversity which has served mankind for thousands of years. Continue

U.S. Tops List of Countries with the Largest External Debt: The top five countries with the largest external debt are as follows:

Hyperinflation Could Hit US In 5-10 Years: The US is headed toward hyperinflation, and within five to 10 years it could have inflation rates of 10 to 20 percent, said Marc Faber, editor and publisher of the Gloom, Boom & Doom Report.

California Collapsing: California is America’s most populous state with 38 million people. Its GDP of $1.8 trillion is the largest in the U.S. Its economy is bigger than those of Russia, Brazil, Canada, or India. And it’s collapsing.

Obama's Stealth Scheme For Global Monetary Control

Roommates - 3.6M Elders And Their Adult Children

Why Obama Must Bail Out CA - But Won't

US, UK Will Both Default On Their Debt By Summer's End

China Rising - Is Western Supremacy Just A Blip?

Markets Dive On World Bank's Economy Fears

Eurozone 'Recovery' Fades

SEC Charges Madoff Associates With Fraud

City Warns EU Rules Threaten UK Economy

ECB Set For Record 'Stimulus By Stealth'

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