Sunday, 6 December 2009

In Case You Missed It
The Power of Nightmares

This is a Must Watch Video By Adam Curtis

In the past our politicians offered us dreams of a better world. Now they promise to protect us from nightmares. Click to view


Pay cut for two million Britons causes collapse in tax revenue: Almost two million Britons have accepted pay cuts or reduced hours to stave off unemployment, causing government income tax receipts to collapse by almost one fifth.

Six Banks Fail, Costing FDIC $2.6 Billion: After a brief holiday respite, bank failure Friday came back with a vengeance yesterday. The FDIC and its fellow regulators closed six institutions, bringing the total to 130 for the year.

Bankruptcy Filings up 100 Percent from 2007: Americans Financially Unable to Meet Current Debt Payments. 85 Percent of Chapter 7 Filings are Classified as No-Assets.