Britannia Radio

Fate of Democracy Now in Supreme Court’s Hands: If the court rules to free corporations to make unlimited campaign expenditures from their treasuries, the election playing field will be tilted massively against candidates advancing the public interest.

Senate must raise debt ceiling above $12 Trillion: Obama is asking Congress to raise the debt ceiling, something lawmakers are almost certain to do despite misgivings about the federal debt. The ceiling already has been hiked three times in the past two years, and the House took action earlier this year to raise the ceiling to $13 trillion.

Top 1 Percent of Americans Reaped Two-Thirds of Income Gains: Two-thirds of the nation’s total income gains from 2002 to 2007 flowed to the top 1 percent of U.S. households, and that top 1 percent held a larger share of income in 2007 than at any time since 1928,

Treasury Sees Millions More Foreclosures: Only 12 percent of U.S. homeowners eligible for loan modifications under the Obama administration's housing rescue plan have had their mortgages reworked, and millions more foreclosures are coming, the Treasury Department said on Wednesday.

Another Wave of Foreclosures Looms: The housing market faces the prospect of a new round of foreclosures as hundreds of thousands of risky home loans known as option adjustable-rate mortgages reset to significantly higher payments that could force borrowers to fall behind, according to a report released Tuesday by Fitch Ratings.

Job openings down 50% from the peak in 2007: 6 unemployed people for every available position

Another financial crisis inevitable: Greenspan: Another global financial crisis is inevitable because human nature always reverts to "speculative excesses" during a period of sustained prosperity, former U.S. Federal Reserve Chairman Alan Greenspan said.

Greenspan and Buffett issue recovery warning - papers: Two of America's most noted financial commentators have argued the recovery of the US economy is not a given, despite the recent uptick in sentiment.