The View From Vegas, plus, A Few Good Mercenaries Redux

http://economicrisis.com/the-view-from-vegas-plus-a-few-good-mercenaries-redux/9191 The View From Vegas, plus, A Few Good Mercenaries Redux In October of last year, via this MT news update, we mentioned the possibility of a relocation to Las Vegas. (The piece is worth...

The Central Banks’ Gold: A Story of Silent Expropriation

http://economicrisis.com/the-central-banks-gold-a-story-of-silent-expropriation/7697 The Central Banks’ Gold: A Story of Silent Expropriation In recent times, gold has become a key topic in the world’s media. Interest in this yellow metal is warming up reports about...

Keynesian Economics, GDP and Debt

The failure of Keynesian economics can be traced to a single error. GDP is seen as the singular measure of economic strength and well-being, which it is not. GDP measures consumption; and it's no secret that consumption can be made to rise through all sorts of unsound and...

“Play by the rules,” Obama to China

Short them “ ‘For an economy like the United States -- where our biggest competitive advantage is our knowledge, our innovation, our patents, our copyrights -- for us not to get the kind of protection we need...

Obama says he wants to 'finish the job' in Afghanistan

I have noted that new equipment has been deployed to the battle front, that the armed forces have been sent much better equipment more suitable to the terrain. The pause has been set up so Obama can not only...

Obama, "Moving Chairs Around"

I Guess Moving Chairs Around and Lobbyists in the White House was not Such a Bad Idea By Albert N. Milliron, Editor, Politisite.com, Iron Mill Interactive Media, Inc This writer followed Barack Obama around the...

Banks and Consumers Brace for New Credit Card Rules

The US credit card industry may face a day of reckoning on Thursday. "The Federal Reserve is to vote on credit card reforms that may bring some relief to customers who face a variety of ways for being hit with late...

Bank of England slashes rates 1% to historic low

The Bank of England today slashed interest rates by a further 1%, bringing the interest rate to a historic low. The interest rate cuts in recent months have been among the fastest in Britain's history."The Bank of...

The secret to buying a home

The Secret To Buying A HomeThe key to a successful home purchase is in the dictionary!By: Bill HitchcockThis article is for the folks who want to buy a home. And I am relying on my 1966 Funk & Wagnalls Dictionary and my 1966 Random House Dictionary to explain the keys to...

Is it time for the Catalan media to go back to school?

"I’ve been reading with interest what’s been happening this week in Cataluña regarding the…ahem language spoken by the Catalan media. The Periódico de Cataluña gave us an insight this week into the right and wrong way of pronouncing certain Catalan expressions which...

The Housing Crisis and a Fight-Back Program

"The current economic crisis has been building for years. At its root is the massive elimination of decent-paying jobs and lowering of wages in the U.S. and worldwide, a phenomenon explained and analyzed so well in the party’s newest book, “Low-Wage Capitalism.”The...

This Is Not A Normal Recession: Moving on to Plan B

""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...

Investors Hit BofA Loan Modifications

Bank of America Corp.'s decision to embark on an $8.4 billion home-loan-modification program to settle charges brought by state attorneys general against Countrywide Financial Corp. was hailed as a milestone when the deal was announced this fall. But apparently nobody...

Texas grand jury indicts Cheney, Gonzales of crime

Texas grand jury indicts Cheney, Gonzales of crime   HOUSTON (Reuters) - A grand jury in South Texas indicted U.S. Vice President Dick Cheney...

Jobless claims hit 25-year high, imports plunge

Jobless claims hit 25-year high, imports plunge Doug Palmer WASHINGTON (Reuters) - The number of U.S. workers drawing jobless benefits hit a 25-year...

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