Socialism? What a Joke!
By Bill Quigley
The rich and their paid false prophets are doing a bang up job deceiving the poor and middle class. They have convinced many that an evil socialism is alive in the land and it is taking their fair share. But the deception cannot last - facts say otherwise.
Steven Emerson has 3,390,000 reasons to fear Muslims.: That's how many dollars Emerson's for-profit company — Washington-based SAE Productions — collected in 2008. - The payment came from the Investigative Project on Terrorism Foundation, which solicits money by telling donors they're in imminent danger from Muslims.
Dollar at Risk of Becoming 'Toxic Waste': Charts: 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.
Bankrupt banks: Regulators Shut Seven Banks : Regulators closed seven small lenders on Friday, raising the total number of bank failures this year to 139, nearly as many as in all of 2009.
What? Treasury Hid A.I.G. Loss, Report Says: The United States Treasury concealed $40 billion in likely taxpayer losses on the bailout of the American International Group earlier this month, when it abandoned its usual method for valuing investments, according to a report by the special inspector general for the Troubled Asset Relief Program.
Home prices are weakening around U.S.: The Standard & Poor's/Case-Shiller 20-city home price index released Tuesday fell 0.2 percent in August from July. Fifteen of the cities showed monthly price declines. Prices are expected to drop further in the coming months.
Owners Seek to Sell at Loss as Banks Push Foreclosure: In Arizona, thousands of homeowners have turned to short sales to avoid foreclosures, and many end up running a daunting procedural gantlet.
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