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Pepsi and IBM are Now More Creditworthy than the U.S. Government
" Agora Financial’s Rude Awakening notes that the U.S. Government is now considered less credit-worthy than Pepsi or IBM by the credit default swap market: "As the nearby chart indicates, the price of insuring Treasury debt against default now costs more than the price of...
CIA: Secret Operations, Drug Money
" By Farzana Shah Monday, 23 February 2009. In Afghanistan, U.S./NATO have put the blame on Taliban for poppy cultivation to finance their resistance to allied forces. Ironically, it was only in Taliban era when the world had seen a sharp decline in opium crop in... Britain's PFI projects may look for huge government bailout
Public finance initiative (PFI) projects in Britain may be looking for a multi-billion pound bailout from government as funding sources dry up in the wake of the global economic crisis. Some think that when the British government brings down its budget in April, there will be... Trend Alert: Global Systemic Crisis, Geopolitical Dislocation!
" By Leap2020 GEAB N°32 is available! 4th quarter 2009 – Beginning of Phase 5 of the global systemic crisis: phase of global geopolitical dislocation - Public announcement GEAB N°32 (February 16, 2009) - Back in February 2006, LEAP/E2020 estimated that the...An Innovative Solution For the Current Economic Crisis
The nature of the current economic crisis is such that it cannot be resolved with the standard array of tools at the disposal of the President. What's required is a sustainable, renewable solution, one that transcends the immediate financial crisis and actively -... Obama to Unveil Foreclosure Plan, Banks Halt Foreclosures
The Obama Administration is getting ready to unveil a new $50 billion+ plan to halt home foreclosures and to help struggling home owners get lower monthly payments to avoid foreclosure. In 2008, foreclosures were up 81% over 2007, with 2.3 million foreclosed. Press Secretary... Pelosi Comes Home To SF -Serves 35 Millionth Meal @St. Anthony's
Sunday, February 8, 2009 - House Speaker Nancy Pelosi Comes Home To Serve 35 Millionth Meal at St. Anthony's Dining Room -San Francisco Daily Lunch for our City's homeless, poor and hungry was served a little late... Is it time to consider re-naming the Chrysler Building?
In 1991, the building which was for 28 years was commonly referred to as The Pan Am Building was renamed The MetLife Building. Why? Because Pan American World Airlines went out of business and the company... 738 views | 10 recommendations | 7 comments
Capitalism and Socialism
Both Capitalism and Socialism all over the world have failed to bring down poverty level. Now World needs new order like Socio-Capitalism, in which capitalists are in check by Collective reforms. So the benefit of development is passed on to entire population. Social security... The mystery that is: Re-Capitalisation and the Economic Crisis
What exactly is capital? Well in this case it's the outstanding mortgages (the money it has lent and expects to get back) plus the value of the business itself, all minus the debts it owes (including to savers).For example - bank "Safe & Secure" has lent out £1000 (plus...
created by Anton Howes | 4 years ago | updated 4 years ago
286 views | 0 recommendations | 0 comments
286 views | 0 recommendations | 0 comments
Obama Win Fuels Ku Klux Klan Membership
Former Ku Klux Clan member, Johnny Lee Clary, claims the recent presidential win by Barack Obama, as well as the current financial crisis, have increased online registrations for the Ku Klux Klan. "Johnny Lee...
created by Rhonda J Mangus | 4 years ago | updated 4 years ago
4307 views | 65 recommendations | 39 comments
4307 views | 65 recommendations | 39 comments
Economic crisis could cause ordinary people to rise up
The unequal distribution of wealth has often been at the root of social unrest as the great unwashed rise up against the few who have riches and power. At the G20 meetings in Davos, Switzerland, France's finance... Obama's Recovery Net
President Barack Obama announces a new US government website is being set up this week that allows US and world citizens to audit and keep abreast of US federal government bailout and stimulus packages.Obama hopes... Iceland protests turn violent
Protests and confrontation in Iceland's capital Reykjavik escalated today when riots police and demonstrators clashed in the early hours of the morning. As a result two police officers were seriously injured and...
created by Teacher Dude | 4 years ago | updated 4 years ago
509 views | 15 recommendations | 5 comments
509 views | 15 recommendations | 5 comments
Bigshots say DUMP U.S Dollars and Gov’t bonds
" Singapore Bigshot says DUMP U.S Dollars and Gov’t bonds Jim Rogers, chairman of Singapore- based Rogers Holdings, said investors should be “worried” about the U.S. dollar, and recommended selling government bonds.“If I were you, I would be worried about the U.S....
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