IMF: US Debt Nearing 100 Percent of GDP
China: Bankers Confirm Wall Street’s Barbarianism (Hat Tip: Jean Stoner)
Experts: More Local Cities Will Be Forced into Bankruptcy
Europe’s Finance Ministers Panic: The Euro Continues to Go Down
EURO EXPERIMENT: EU Bullied into $1T Banking Bonanza. (Hat Tip: Brian B.)
Congress may override efforts by Secretary Gates to cut defense spending
Deal with Fannie and Freddie now or we’ll pay later
‘GOV’T MOTORS’ POSTS PROFIT: $49 BILLION MORE TO GO
NY to close 55 parks due to budget cuts
New Tax Credit for Small Business Health Care
SurvivalBlog:
Four Big Banks Score Perfect 61-Day Run. Something is rotten in Denmark on Wall Street.
Blood in the Streets! Bank Bailout Protesters Storm Ireland’s Parliament.
401(k)/IRA Nationalization Quietly Moves Forward
US faces one of biggest budget crunches in world – IMF
Government Data Shows Solid Recovery But Concerns Remain. [JWR Adds: I would counter that the apparent “Recovery” is nothing more than a short term artificial blip created by hundreds of billions of stimulus spending amidst the early stages of a deep, long-lasting Depression.]
Big Seller in Market Drop Identified as Waddell & Reed
Gulf Oil Spill Disaster: The Trigger of the American Economic Collapse?