Tuesday, 20 January 2009


What Obama Left Out of the Economic Recovery Plan

Higher Wages and Debt Relief 

By Mike Whitney

Barak Obama and Co. are planning to launch their own version of economic "shock and awe" in the opening weeks of the new administration. Aside from the $825 billion stimulus package, which will be used to create 3 million new jobs and make up for flagging consumer demand; Obama is planning a financial rescue operation for banks that are buried under hundreds of billions of dollars of troubled assets. Continue


New RFID Technology Allows You to be Tracked WITHOUT Your Knowledge : . This system is exactly what the privacy advocates have long feared: Big Brother tracking us with spy chips.

Warning that UK is on brink of depression: Sir George Mathewson, a former chairman of the Royal Bank of Scotland and chairman of the Scottish Government's economic advisory council, said that economic conditions would worsen.

Unless we are decisive Britain faces bankruptcy: Our financial institutions are fighting for their lives and the Treasury may not be able to bail them out. The government needs to get serious to avert meltdown

The Stimulus Scam: Video - Peter Schiff says consumers need to spend less, not more.

California controller to suspend tax refunds, welfare checks, student grants: John Chiang announces that his office will suspend $3.7 billion in payments owed to Californians starting Feb. 1, because with no budget in place the state lacks sufficient cash to pay its bills.