Wednesday, 26 November 2008

Cost Of Bailout Hits $8.5 Trillion
The total cost of funds committed to the bailout in its various guises has now hit $8.5 trillion dollars, up from $7.7 trillion in just two days after the federal government committed an additional $800 billion to two new loan programs on Tuesday.

 
How Could It Be Worse Than the Great Depression When We Have So Many “Modern Tools” to Address the Crisis?
 Australia’s 2008 gold output may fall to lowest level since ’89
 Beck: States should secede from America to protest bailouts
 More Proof That Uncle Sam Is In Trouble
 The Death of the Dollar Standard
 Kucinich: Bankers partied as crisis hit
 China Slashes Lending Rate


Carbon Dioxide (CO2) is Not Pollution
Carbon Dioxide (CO2) is not pollution and Global Warming has nothing to do with pollution.

• Scientists urge caution on global warming

Canada, U.S. should form border agency: former envoy
Barack Obama and Stephen Harper should create a new border agency that would become the economic equivalent of NORAD, the joint Canada-U.S. military alliance, says a group headed by Canada’s former ambassador to the United States.

U. S. auto bailout tip of iceberg, analysts warn
The tens of billions of U. S. taxpayer dollars being asked for by Detroit could be the tip of the iceberg, analysts at JPMorgan said yesterday.

 Middle-earners WILL be hit by Darling’s mini-Budget, say experts 
 Consumers cut spending, durable goods orders fall