By Ellen Brown
A landmark ruling in a recent Kansas Supreme Court case may have given millions of distressed homeowners the legal wedge they need to avoid foreclosure. Continue
Big Dem Donor Indicted: Federal prosecutors have accused a major Democratic fundraiser with ties to Barack Obama and Hillary Clinton of orchestrating a Ponzi scheme that involved swindling several major banks out of hundreds of millions of dollars, and using some of the proceeds to fund political candidates and PACs.
Obama: We Need To Bail Out Newspapers : Obama yesterday expressed concern at the sorry state of the news industry and said that he will look at a news paper bailout, because otherwise, blogs will take over the world, and that would be a threat to democracy, The Hill reports.
Federal Reserve rejects request for public review: The Federal Reserve Bank will not submit to a voluntary public study of its internal structure and methods of governance, as it was requested to do so by Treasury Secretary Timothy Geithner.
Gold climbs toward 18-month high; eyes on Fed: Gold climbed 1.5 percent to trade within striking distance of recent 18-month highs on Tuesday, supported by a broadly weaker dollar, as investors focused on the U.S. Federal Reserve meeting on interest rates.
10 Big Companies That Are Veering Toward Bankruptcy: A new report by Audit Integrity identifies some high-profile names "that have the highest probability of declaring bankruptcy among publicly traded firms."
California Joblessness Reaches 70-Year High: California’s unemployment rate in August hit its highest point in nearly 70 years, starkly underscoring how the nation’s incipient economic recovery continues to elude millions of Americans looking for work.
IRS to Audit 6,000 Companies: The Treasury Department in 2005 estimated, based on the 1984 IRS data, that companies underpay employer taxes by about $14 billion annually.
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