Chinese Gold Imports Soar To Monthly Record On Insatiable Demand

http://economicrisis.com/chinese-gold-imports-soar-to-monthly-record-on-insatiable-demand/7461 Chinese Gold Imports Soar To Monthly Record On Insatiable Demand In what must be an inexplicable move to momentum-chasers everywhere, as gold continued to decline in price in...

CORRECTED-UPDATE 3-Hedge fund chief Paulson loses big on gold

http://economicrisis.com/corrected-update-3-hedge-fund-chief-paulson-loses-big-on-gold/7274 CORRECTED-UPDATE 3-Hedge fund chief Paulson loses big on gold Hedge fund billionaire John Paulson is emerging as one of the biggest losers in this year’s gold rout, further...

Suit Filed Over AIG’s Promotion of Shariah Law

One week ago today, officials at the Thomas More Law Center announced they had filed a federal lawsuit (pdf) against Treasury Secretary Hank Paulson and the Federal Reserve Board to stop all bailout funds from going to American International Group, Inc., the insurance giant...

Paulson and Bernanke Spread the Wealth Around

"During the campaign, Barack Obama provoked a media flurry and right-wing outrage over his comment to Joe the Plumber about "spreading the wealth around." They told us that this view was contrary to the American Way, that this was socialism. Given all the concern over...

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...

The Dirty Secret of the Financial Crisis: Our Banking System's Broken

"Henry Paulson's $700 billion plan to save the world is dead or dying, but the bailout was not killed by his arrogance or his grossly misleading claims about what the public's money would buy. The plan collapsed because it didn't work. The Treasury secretary has launched a PR...

Thomas Friedman: We Found the W.M.D.

Thomas Friedman quotes Norman Ornstein in today's Times:   "What we can do now, though, said the Congressional scholar Norman Ornstein, co-author of “The Broken Branch,” is “ask President Bush to appoint Tim Geithner, Barack Obama’s proposed Treasury...

The foreclosure freeze tide

"WASHINGTON (Legal Newsline)--As Capitol Hill remains under siege from all sides of America's faltering economy, pressure to stem the tide of foreclosures continued to make inroads as Fannie Mae and Freddie Mac became the latest to join the foreclosure freeze movement.The...

No Time for Laurels; Now the Hard Part

"No Time for Laurels; Now the Hard Part Sign In to E-Mail or Save This Print Reprints ShareLinkedinDiggFacebookMixxYahoo! BuzzPermalink By PETER BAKER Published: November 4, 2008 ...

Paulson's Swindle Revealed

"The swindle of American taxpayers is proceeding more or less in broad daylight, as the unwitting voters are preoccupied with the national election. Treasury Secretary Hank Paulson agreed to invest $125 billion in the nine largest banks, including $10 billion for Goldman...