'Too Big to Fail' even Bigger now

Companies paying bosses vast bonuses while getting state assistance offended peoples' values, says President Obama. Timmy Geithner the Treasurer says, seven companies must slash the basic salaries of their 25...

World Financial Crisis a Terrorist Act.

By; Rev. Jermano   I remember the words all US politicians use and that is protecting the US people from terrorism. That is why Bush lied and went to War...against Iraq and Afghanistan. They summoned the...

Recovery a Hoax

Traveling through Europe the last couple of weeks brought a closer insight in the economic development underway.Meanwhile the US Dollar has fallen in an opposed direction compared with stocks, gold, and the rest of...

Sue Lyon

" Sue Lyon a former actress is back in the headlines this week,after her classic work aired on TMC,this Saturday.The talented artist exploded as Dolores “Lolita” Haze,in Stanley Kubrick’s 1962...

Loose lips sink ships

•    Goldman gets a hidden bailout...•    Wall Street uses bailout money for bonuses...•    Cash for Clunkers...•    Nationalizing...

White House still warns of 10 percent jobless rate

" Obama said: "We have a lot further to go. As far as I'm concerned, we will not have a true recovery until we stop losing jobs." He also said he won't rest until "every American that is looking for a job can find...

Could Hyperinflation Happen?

Theoretically, yes. Hyperinflation is a scary thought. Technical definitions vary, but while it could be argued that mild inflation can be a sign of a growing economy, hyperinflation is certainly never a good...

$ 24 Trillion Financial Exposure

"The watchdog overseeing the federal government financial bailout says the government's maximum exposure to financial institutions since 2007 could total nearly $24 trillion, or about $80,000 for every...

Bernanke Defends Merrill Lynch Deal

Ben Bernanke, Chairman of the US Federal Reserve, is answering quesitons in Congress today, defending his role in the Bank of America takeover of Merrill Lynch. BofA CEO Kenneth Lewis claims that Bernanke threatened to have him removed if the takeover deal fell apart, a claim...

Wrong medicine kills US Dollar

The doctors were called in, the patient was very ill but still not life threatening sick. They unanimous diagnosed too much debt as cause of the illness and described restructuring instead of reviving his...

How to Barter Your Way Out of the Depression

"(This is the first issue of the weekly opinion letter - The Realist, published every Monday by Brett Buchanan. Subscribe for free by email). Four years ago most Americans believed only good economic times were ahead. We were all swimming in equity. Financial markets...

Proof That You Are A Slave In the Government's Eyes

"The idea that we will ever see responsible government spending re-enter the American stage is gone. We will never in our lifetime see the United States Government make an effort to pay off its national debt. It will never happen. As a result your income taxes will never come...

AIG Board Member on Obama's Tax Task Force

President Barack Obama's new Tax Task Force, an offshoot of the President's Economic Recovery Advisory Board, is a consortium of non-governmental leaders in the fields of business, industry, and academia includes...

'Helicopter Ben' Reborn as 'Banana Ben' Bernanke

Ben Bernanke earned the nickname "Helicopter Ben" for comments he made in a November 2002 speech, Deflation: Making Sure "It" Doesn't Happen Here, delivered at the National Economists Club in Washington, D.C. More...

POLITICS TRIUMPH OVER ECONOMICS: US Congress to Tax Bonuses

US Congress of morons wants to enact a law to tax Bonuses AKA Retention Awards rather than enacting the law there can not be any Bonuses or Awards as long as Companies are in loss. If this Law would have been there...

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