Cutting Spending Will Increase the Deficit
By Mike Whitney
There should be a restructuring of household and personal debts "including",-- "debt forgiveness for low-income Americans.
A Story
By Paul Craig Roberts
"The ability of whistleblowers to bring accountability to government is about to disappear.”
US agency challenges Bank of America settlement:
A US government agency has objected to Bank of America's $8.5 billion settlement for losses on mortgage-backed securities, imperiling the bank's efforts to move beyond the subprime mess.
US consumer confidence hits new low:
Consumer confidence in the United States has dropped to a two-year low as fears of the country plunging into a new recession have increased, Press TV reported.
U.S. Elites Begin To Confront The Paper Dollar:
The “average life expectancy for a fiat currency is twenty-seven years; so, by that measure, the greenback has had a good run.” Bye-bye, fiat dollar. Hello, gold?
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