$ 24 Trillion Financial Exposure

"The watchdog overseeing the federal government financial bailout says the government's maximum exposure to financial institutions since 2007 could total nearly $24 trillion, or about $80,000 for every...

The “Debt Clock” Goes Online

 So it's now time to have a window open on your computer screen so you can be continually Anxious over the National Debt.  As it stands today, July 11th 2009 each Americans portion of the debt is $37,...

VP candidate Palin - Polar Bears Not Endangered; Drill 4 Oil in AK - Please!

"If McCain hoped to stop Democrats from getting much mileage out of the oil issue in this presidential election, he picked the wrong vice presidential candidate. His choice, Alaska Gov. Sarah Palin, comes from a...

What is the 'Shadow Financial System'?

You're soaking in it..."Since the onset of the liquidity and credit crunch last summer this column has been arguing that monetary policy would be impotent to address such a crunch because, in part, of the...

Globalisation: sleepwalking to disaster

"Globalisation: sleepwalking to disaster Ann Pettifor The scale of global debt reflects a broken financial and commercial system that is doing immense damage to the planet and to public life, says Ann Pettifor. 11 - 12 - 2007 On 9 August 2007, globalisation's rickety...

U.S Debt equals 90% networth of all American families

"The National Debt increased $2.46 billion per day since 2005! The portion of the U.S. debt privately held by non-U.S. citizens has risen to 45%. Foreign debt holdings have continued to increase in 2006 and 2007 The trade deficit is on track to set a record for a sixth...

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