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$15 Trillion Super Bowl Bet Would Wipe Out The National Debt
Indianapolis -- Congress Is gambling that a determined group of Patriots can again save the United States from collapse. The lawmakers are betting $15 trillion that the New England Patriots will defeat the New York... New Greek Threat: More Credit for Us Or No More Gyros for You
Athens -- Facing a debt burden that could enslave its citizens for decades to come, Greece has gone on the offensive, declaring it will halt the production of gyros worldwide if it’s not given a larger line of... ‘Reverse Bonus Checks’ Drain Wall Street Bank Accounts
New York -- The global economic crisis has finally caught up with Wall Street insiders who triggered it. They are discovering that their traditional year-end compensation is lowering the balance on their bank... Macedonian Banks are Safer than West Europe's Banks
By Sam VakninEditor in Chief of Global Politician Even under the best case scenario (in which banks take a 50% haircut on the credits they have extended to profligate Greece, but there is no default) French, Italian, German, and Austrian banks run a collective capital... Obama Turns Back the Debt Clock to Save the World
Washington DC - With the stroke of a pen, President Barack Obama has rescued the world from a catastrophic economic meltdown. The president signed into law today The Quantitative Time Act, effectively... Bank of God to End the World’s Debt Crisis
The Vatican - The prayers of the world’s bankers and investment firms have been answered. The Bank of God has agreed to cover all global debt in exchange for what God is calling “The Ten Commitments.” “We... It's the Same Banking Crisis, Stupid!
By Sam VakninAuthor of "Malignant Self-love: Narcissism Revisited" The crisis that started in 2008 is a banking crisis and it is still going strong. Banks all over the world over-leveraged their capital and extended loans unwisely to the undeserving. American financial ... Friendly's Files for Bankruptcy: List of Friendly's Closures
Friendly's Closes 63 Stores in Bankruptcy Filing: Goodbye, Coneheads Friendly's Ice Cream Corp, which began in1935 as an ice cream shop and expanded into a chain of family restaurants, has filed for Chapter 11...
created by NowPublic Staff | 18 wks ago | updated 18 wks ago
1024 views | 0 recommendations | 1 comment
1024 views | 0 recommendations | 1 comment
Bachmann’s economic fix: Change nation’s name to ‘Occupant'
Big Bluff, Minnesota - If Michele Bachmann is elected president, “America” would become “Occupant,” and the nation’s economic woes would disappear, according to an announcement issued today by the Republican contender’s campaign. The name change is the key... US Downgrade: Indian Media Feels the Heat
It’s not just the bourses in the Indian share market that are freefalling following the downgrading of the US by credit rating agency Standard& Poor, but tremors are being felt, quite unbelievably, in a section of the media as well. 2 weeks after Standard& Poor... A primer on why America's economic future is screwed
This is relative to those wondering why we shouldn't tax the heck out of the rich. I'm pretty close to the bottom tier but know enough about economics to realize:(a)You cannot "tax" your way to financial solvency when government spending is an equally large problem- let's... Two Down (Europe, USA), One to Go (China)
Mounting sovereign debts crises in Europe and an anaemic rebound in America's economy were more than offset by the emergence of Asia – and, in particular China and India - as a global powerhouse. Yet, the warning signs are there: China's economic "miracle" has long been... Obama expresses concern over a slowing economy
Experienced U.S. economists worry about America's lagging financial position, in response to Obama's administration and their inability to boost the economy at a pace fast enough to satisfy angry American... 178 views | 1 recommendation | 1 comment
Japan slides back in recession as earthquake cuts consumption
Japan has been pushed back into recession by the earthquake and tsunami in March and analyst predict further economic shrinkage before a recovery. Official figure for January to March show a contraction of 0.9 percent, the equivalent of an annual decline of 3.7 percent worse...Myspace Layoffs: Half of Staff to Be Fired on Jan 11
Myspace to Lay Off Up to 600 Staff Myspace will lay off between 550 and 600 staff on January 11. These layoffs will cut Myspace's overall staff count in half. Myspace, which is trying to rebrand itself as a content...NowPublic on Facebook
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