McCain Sharply Criticizes Bush's Policies as 'Abuse of Power'

"In his most forceful effort yet to distance himself from President Bush, John McCain slammed the current administration's policies and chastised Bush for increasing the debt burden for future generations, failing to fund expanding Medicare and abusing executive powers. In...

India call centres hear US pain

"GURGAON, October 15 With her flowing, hot-pink suit, jangly silver bangles and perky voice, Bhumika Chaturvedi, 24, doesn’t fit the stereotype of a thuggish, heard-it-all-before debt collector. But lately, she has had no problem making American debtors cry. For the past...

The days of "easy" credit .... GONE !!

"American debt nightmare ends easy credit eraExperts say crisis could spark shift away from maxing out credit cards""Is America's long era of easy credit over?Experts say that even when the current credit crunch...

NYC National Debt Clock runs out of digits

This is interesting as i did not know about this clock, of course its also because i never been to NYC. But this is a sign of the times of the growing problem the U.S faces and the sign of decline of the...

Denmark's central bank to back banks until guarantee passes

Denmark's central bank is to tackle problems with any individual banks until the country's parliament approves a scheme to guarantee deposits. ""Until the bill has been passed, Denmark's Nationalbank will take...

U.S. National Debt Clock Runs Out of Spaces

An all-too-fitting reminder of the quantifiable size of America's financial crisis...and the clock is still ticking!"Remember when gas stations ran out of the number "4" to put on their signage when prices...

Prime Minister Harper Releases Election Platform - Round Up of All Parties

Conservative party leader and current Canadian Prime Minister Stephen Harper was questioned during last week's debates as to why his party hadn't released the details of their election platform. Today, his party...

Food technology driving Indian farmers towards suicide

Farmers in India are committing suicide and number is increasing every year. Among the various reasons being cited for the serial suicide deaths  that continues unabated is new food technologies. They are...

Banks are the new Hunts: highly bullish short position for silver! « Peter J...

"Silver investors owe a serious debt of gratitude to Theodore Butler for alerting the US regulators to the manipulation of the silver market in August by two major banks in one of the most blatant actions since the days of the Hunt Brothers in the 1970s. "

Estimates show Palin assets TOP $1 million

" WASILLA, Alaska (AP) -- Sarah Palin and her husband have pieced together a uniquely Alaskan income that reached comfortably into six figures even before she became governor, capitalizing on valuable fishing rights, a series of land deals and a patchwork of other...

The most important issue of the election

" The federal debt right now is sitting in the vicinity of $9.4 trillion dollars. Yes.  That’s almost 1600 Wendy’s bacon cheeseburgers for every person in the world.  Most people don’t really understand what the debt is, how we get into debt, or how it...

Flip Floppers

"I’ve heard a lot of the attacks between the McCain camp and the Obama camp, as well as allegations by the media, center around the idea that the candidate in question loses some credibility as a politician because he or she “flip-flopped,” which is the buzz word that...

Living within our means

"I’ve been thinking a lot about how this economic downturn (or if you’re in the media and you want to scare everyone, we can call it a CRISIS or a CRASH!) will effect the way we act as regular, everyday...

Cantona fears Sir Alex Ferguson retirement

"Manchester United king’s, Eric Cantona, said to be concerned about what will happen to the team once Sir Alex Ferguson retires from managing the double champion. The Frenchman has expressed his fear over the...

Dow to fall to 7,000, FTSE to 3,300 « Peter J. Cooper’s Weblog

" The $700 billion US bailout has not gone down particularly well today in Asia and Europe. But in Europe we have the nationalization of Fortis, a bailout for Hypo Bank and the nationalization of Bradford & Bingley. I just read that each UK tax payer is now holding...

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