White House Explains: Obama Didn’t Know What He Knew When Everyon

http://economicrisis.com/white-house-explains-obama-didnt-know-what-he-knew-when-everyone-else-knew-what-he-should-have-known/8431 White House Explains: Obama Didn’t Know What He Knew When Everyone Else Knew What He Should Have Known when we reported that as a result...

President Obama Demands Justice For “Intolerable And Inexcusable”

http://economicrisis.com/president-obama-demands-justice-for-intolerable-and-inexcusable-irs-behavior/7979 President Obama Demands Justice For “Intolerable And Inexcusable” IRS Behavior We can picture the scene of abject horror at the revelations the President read...

Acting IRS chief first to go as Obama vows change

http://economicrisis.com/acting-irs-chief-first-to-go-as-obama-vows-change/7986 Acting IRS chief first to go as Obama vows change President Barack Obama on Wednesday announced the resignation of the head of the Internal Revenue Service, the first head to roll in a...

Did Al-Qaeda Try to Down a Russian Passenger Plane?

http://economicrisis.com/did-al-qaeda-try-to-down-a-russian-passenger-plane/6488 Did Al-Qaeda Try to Down a Russian Passenger Plane? A Russian airliner with 159 passengers on board narrowly escaped an al-Qaeda missile, according to an Interfax story appearing on Monday....

Currencies: U.S. dollar extends dive against yen

http://economicrisis.com/currencies-u-s-dollar-extends-dive-against-yen/4717 Currencies: U.S. dollar extends dive against yen The U.S. dollar declined against the Japanese currency Tuesday, extending a sharp loss triggered the previous day by heightened worries about...

U.S. to let spy agencies scour Americans’ finances

 http://economicrisis.com/u-s-to-let-spy-agencies-scour-americans-finances/1956 U.S. to let spy agencies scour Americans’ finances The Obama administration is drawing up plans to give all U.S. spy agencies access to a database that contains financial data on...

Treasury Releases Results of NY Fed Gold Audit, Inadvertantly

http://economicrisis.com/treasury-releases-results-of-ny-fed-gold-audit-inadvertantly-reveals-us-gold-stores-are-only-466-tons/369 Treasury Releases Results of NY Fed Gold Audit, Inadvertantly Reveals US Gold Stores Are Only 466 Tons! The Treasury Department has...

Top 10 Signs The American Dream Is Over

It seems like only yesterday that the American Dream promised you could be anyone, do anything, and go anywhere without fear and with full freedom.  But all that has changed. Here’s a list developed by the...

Treasury Weighing Tax Cuts On Overseas Profits Of U.S. Companies

" The Treasury is weighing a proposal to eliminate some, but not all, of the taxes on overseas profits of U.S.-based companies, the Wall Street Journal reported on Saturday, citing two people familiar with the deliberations. Eliminating the taxes on some of the profits is...

IRS Criminal Investigation Soliciting 60 Remmington 870 Shotguns

The Internal Revenue Service (IRS) intends to purchase 60 12-gauge pump-action Remmington 870 shotguns for the Criminal Investigation Division. This raises questions: Why would the IRS need shotguns? And if the...

Lawmakers Reluctant to Release $350 Billion Foreclosure Bailout

Senate Banking Committee Chairman Christopher Dodd recently said that lawmakers were demanding to see more concrete action from government before it approves the release of the remaining $350 billion bailout funds...

Paulson Among Buyers of Failed IndyMac Bank

The FDIC issued a news release Friday to let the world known the agency’s board had approved a letter of intent to sell IndyMac Bank to a thrift holding company controlled by IMB Management Holdings LP. ...

Are Feds Out to Help Owners of Foreclosed Properties?

The US Federal Deposit Insurance Corporation and the Treasury Department are set to work hand in hand on a program that could help improve the national concern on foreclosed properties. The said government agencies are reported to have been finding ways to alleviate...

Naomi Klein: Wall Street is a Multi-Trillion Dollar Crime Scene, Dems are Com...

Naomi Klein, author of the best-selling "Shock Doctrine" about capitalist exploitation of disaster for profit, comments on the Wall Street Bailout, the Federal Reserve extending $2 trillion in emergency loans without disclosing recipients or collateral, the Treasury's illegal...

Obama Proposes Moratorium on Foreclosures

While Senator John McCain is urging the government to buy bad home loans, inadvertently making taxpayers pay for the difference between these and the homes’ new values, Barack Obama is proposing a 90-day...

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