Saturday, 20 June 2009

The United States is Committing Economic Suicide: Foreign entities will very soon own everything of value in the U.S. and they will become the major (or only) source of employment for U.S. citizens.

Treasury to Auction $104 Billion In Debt Next Week, a Record: The Treasury announced Thursday a record $104 billion worth of bond auctions for next week, part of its herculean efforts to finance a rescue of the world's largest economy.

California Rating Placed On Downgrade Watch By Moody's: California's chances of borrowing in capital markets grew slimmer Friday as Moody's Investors Service warned that it could downgrade the economically and fiscally beleaguered state's bond ratings.