DEBT POISED TO OVERTAKE GDP

BP and FEDs could make millions from runaway well’s oil (Hat Tip: Nancy Jacques)

BRITISH PETROLEUM PLC [NYSE:BP] SUED FOR SECURITIES FRAUD VIOLATIONS RELATING TO IT’S ADR’S (Hat Tip: Jean Stoner)

BP chief Tony Hayward sold shares weeks before oil spill (Hat Tip: Nancy Jacques)

Federal Budget Deficit Was $941b During the First Eight Months of FY 2010 (Hat Tip: Jean Stoner)

US financial markets may be shut down on Monday (Hat Tip: Jean Stoner)

Environmentalists starving poverty-stricken families across the globe

Stimulus? Millions for massage schools

SurvivalBlog:

Why U.S. debt matters to you

For Some Homeowners in Foreclosure, a Rent-Free Approach

Federal debt tops $13 trillion mark.

Why a ‘new euro’ could be the saviour of the European dream.

First-Time Jobless Claims Drop for Second Week

Retailers’ Reports Show Tepid May for Shoppers

China Ready to Say Good-Bye to the Dollar

Iran to Dump 45 Billion Euros for Gold Bullion and Dollars

US Mint Out of Not Only Silver But Gold American Eagles as Well

Chronic Joblessness Bites Deep