Dollar at Risk of Becoming ‘Toxic Waste’
The dollar’s slump could get far worse if the dollar index takes out last year’s low, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday.
WIRE: Fed’s secretive $300B CITIBANK bailout
The late Bloomberg News reporter Mark Pittman asked the U.S. Treasury in January 2009 to identify $301 billion of securities owned by Citigroup Inc. that the government had agreed to guarantee. He made the request on the grounds that taxpayers ought to know how their money was being used.
While not really “secret”, one might describe it that way because unlike the many things Dr. Mann has been doing lately, there wasn’t one peep of press coverage about it.
Welcome to the Greatest Depression: California’s Best and Brightest Face Homelessness, Poverty
I don’t know why CBS insists on calling what’s happening economically in this country the “Great Recession.” It’s the Greatest Depression. It is quickly shaping up to be worse than the first Great Depression.
Debt Has Increased $5 Trillion Since Speaker Pelosi Vowed, ‘No New Deficit Spending’
When Rep. Nancy Pelosi (D-Calif.) gave her inaugural address as speaker of the House in 2007, she vowed there would be “no new deficit spending.” Since that day, the national debt has increased by $5 trillion, according to the U.S. Treasury Department.
Bilderberg Founder, EU father Max Kohnstamm dies aged 96
Former diplomat and historian Max Kohnstamm has died in Amsterdam aged 96. A key public figure, he was one of Holland’s main proponents of European cooperation.
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