IMF is Coming for Your Social Security
Dean Baker TruthOut A few years back, there was a fear in some parts about black UN helicopters that were supposedly taking part in the…
Economy
Wall Street Is Laundering Drug Money And Getting Away With It
Zach Carter AlterNet Too-big-to-fail is a much bigger problem than you thought. We’ve all read damning accounts of the government saving banks from their risky…
Pentagon warns Congress: accounts running dry
Reuters WASHINGTON (Reuters) – The Pentagon said on Wednesday it may be forced to take extreme measures — like not paying salaries — if the Democratic-led Congress fails…
Senate clears sweeping bank bill for final passage
Jim Kuhnhenn Associated Press WASHINGTON – A sweeping crackdown on banking and high-finance broke through a Senate Republican blockade Thursday, setting the stage for Congress…
America Plunging to Bankruptcy While DC Plays Politics as Usual
Eric Blair Activist Post More deficit uproar is coming out this week to reveal the quickening pace of the planned implosion of the U.S. economy…
America Plunging to Bankruptcy While DC Plays Politics as Usual
Eric Blair Activist Post More deficit uproar is coming out this week to reveal the quickening pace of the planned implosion of the U.S. economy…
JPMorgan Chase Earnings Jump 76%
Dan Burrows Daily Finance JPMorgan Chase’s (JPM) second-quarter earnings rose 76% to easily top Wall Street estimates as lower losses on bad loans more than made up…
Fed Warns Economy May Take Five or Six Years to Recover
Frank McGuire Moneynews Federal Reserve officials now fear that the U.S. economy will take at least five or six years to fully recover from the…
Webster Tarpley: Obama, Congress Puppets for Banks
When Census Ends 700,000 New Jobless Americans
Michael Powell New York Times PROVIDENCE, R.I. — It was a finely honed machine, this United States Census team, and it had a good run….
VIDEO- Ratigan to Congressman: Financial Industry “Stealing America’s Money…Raping My Country”
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China Rating Agency Downgrades Western Nations
Ambrose-Evans Pritchard Telegraph China’s leading credit rating agency has stripped America, Britain, Germany and France of their AAA ratings, accusing Anglo-Saxon competitors of ideological bias…
Empty Store Shelves Coming to America
National Inflation Association The National Inflation Association today issued a warning to all Americans that empty store shelves will likely be coming to America as…
A Modern Day Gold Rush
Chris Prentice Bloomberg Businesses try to cash in on surging gold prices by selling prospecting gear, storage—and even gold-bar vending machines Fear of financial collapse…