Calif tax officials: Legal pot would rake in $1.4B...
Obama Opposes House Plan That Would Force CHRYSLER, GM to Restore Dealers...
Foreclosures rise 15% in first half of 2009...
Will Iraq Be a Global Gas Pump?
The (Re)Making of a Petro-State
By Michael T. Klare
Has it all come to this? The wars and invasions, the death and destruction, the exile and torture, the resistance and collapse? In a world of shrinking energy reserves, is Iraq finally fated to become what it was going to be anyway, even before the chaos and catastrophe set in: a giant gas pump for an energy-starved planet? Will it all end not with a bang, but with a gusher? The latest oil news out of that country offers at least a hint of Iraq's fate. Continue
Can The Economy Recover?
By Paul Craig Roberts
There is no economy left to recover. The US manufacturing economy was lost to offshoring and free trade ideology. It was replaced by a mythical “New Economy.” Continue
How Bad Will the Economy Get?
Really, Really Bad
By Thomas Greco, Jr.
Historically, every financial and economic crisis has been used to further centralize power and concentrate wealth. This one is no different, and in fact the moves being promoted by the Obama administration and the central banks of the Western powers will take the whole world to the pinnacle of financial despotism -- unless enough people wake up and claim their own "money power.” Continue
California: the human toll of the economic crisis: At a time when more and more workers, hit hard by job losses and reduced work hours, are in need of assistance, state resources are decreasing.
Big broadcaster Sinclair in dire straits: Baltimore-based Sinclair Broadcast Group Inc., which is controlled by David Smith and his family and operates 58 television stations, said if it can't restructure its heavy debt load it will have to file for bankruptcy. The company, which has about $1.3 billion in debt, is trying to negotiate terms on notes of $500 million that are coming due in the next 18 months.
Madoff Taken To Ponzi's One-Time Prison
China's Forex Reserves Pass $2,000 Billion
China Plans Global Role For Renminbi
Call For A 90% Tax On Banker Bonuses
UK Unemployment Jumps By Record 281,000
France `Special Bond' - Doubts Over AAA Rating
Bank Of Japan Extends Corporate Support
Intel Falls To A Loss After Record EU Fine
Call For Fed Transparency Grows Louder
Coalition To Attack Plan For New Fed Powers
Geithner Promises To Defend Dollar
Goldman Sachs Smashes Through Crisis Wreckage
Goldman Egg Laying Goose Could Still Die
Goldman Bankers Line Up For $20b Payday!
Ousted GM CEO Ret Package Cut To $8.6 Million
Geithner - Recession Will End In Months (Letter To Santa)
Goldman Sachs Head To Best Profits Since 2007
Goldman Executives Dumped $700m Of Stock
Madoff Moving To North Carolina Jail
UK Cost Of Living Biggest Drop Since 1948
Britain Finds Itself In Debtors' Prison
BoE Double-Dip Recession Fears
12,000 UK Postal Workers To Strike
Banksters Raise Rates In Mortgage Rip-Off Sheme
US Jobless Rise Hits Migrants Home Countries
Iraq Offers Half Of Nabucco Pipeline Gas
McDonald's Euro Head Office To Switzerland
China And Markets Play Inflationary Chicken
Federal Deficit Tops $1 Trillion, $2 Trillion By Fall
CA Bankruptcy May Give US Big Trouble
Barky May Tax Rich To Pay For Healthcare
Goldman Results May Signal Return Of Big Pay
Europe Digs Its Economic Grave
Pensions Experts Predict 'Horrific News' On Funds
UK Govt Has Lost £10.9b On RBS And Lloyds
£1,000 Loss Per Household For Bank Bailouts
Britons To Be Poorer In Coming Decades
Penniless And Bankrupt...California Issues IOUs
Major Banks Refuse California IOUs
Obama's 'Cures' May Kill Any 'Recovery'
UK Can't Afford Another Fiscal Rescue
Goldman Bankers Defy Gloom With Bonus Bonanza
53rd US Bank Failure This Year