mybudget360.com — "On the one hand, you have the financial sector swimming in their bailout-induced profits like a modern day Scrooge Mcduck. In their circles, it appears as if the recession is over. On the other hand, you have average Americans seeing access to credit cards shut down, equity in their homes vanishing"
seekingalpha.com — "...Dr. Roubini will be the keynote speaker at IndexUniverse’s upcoming “Inside Commodities” conference on Nov. 4 at the New York Stock Exchange. We sat down with Dr. Roubini ahead of the conference to take his temperature on global markets..."
Huge numbers of small business owners - especially sole proprietors - use these cards as a means of financing operations. They relied on that 10 or 12% interest rate, and most of them have huge balances outstanding.
blog.ockhamresearch.com — Don't get too cosy with the rising Dow Jones; There is still a bumpy ride ahead for the US economy, there is still a lot of damage to find and repair.
This article summarizes where the government is with the Fannie, Freddie bailout and what may come. Remember there are other basket cases out there, many more, who need feeding or they may fall.
alternet.org — Monsanto and its competitors want to own and take a percentage from every seed humans cultivate to eat. Eliminating nature's seed and substituting their own.
A frightening survey, menacing, evil consequences for us all. A corporate takeover of mother nature. They are inside us. They want to own us too.
globalresearch.ca — Mr Chossudovsky rightly questions the logic behind the President Obama's Nobel peace prize. Something is wrong here.
"At this critical juncture in our history, the Norwegian Nobel Committee's decision to award the Nobel Peace Prize to President and Commander in Chief Barack Obama constitutes an unmitigated tool of propaganda and distortion..."
spiegel.de — Bigger, better, faster, more.... of everything... This is how success is measured.
The interest based economies of the world need growth even if it is inflation maintaining the illusion. The need for growth keeps people working and in harness for the good of who exactly?
This article commits the heresy of at least questioning capitalism
commondreams.org — Fed Chairman Ben Bernanke is "not revealing what they did with the two trillion dollars they created on their books. It was loans to banks for sure. There have been several actions under the Freedom of Information Act to get them to say who they were to and what the terms were, but they won't do it,"
We are like astronomers watching a black hole collapsing inward. But it’s the conservative movement we’re viewing. Lacking a Republican president to hold it in place, the powerful gravity of extremist ideology is crushing its adherents. At least, that’s how it looks through the lens of recent public opinion polls.
thecaucus.blogs.nytimes.com — With the House on Wednesday joining the Senate in seeking an ambitious inquiry into the financial underpinnings that caused the nation’s economic downturn, the name Ferdinand Pecora may well become as familiar as it was during the 1930s.
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