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The COMING!
It would seem, that some in our nation think that what has come around to England is a perfect fit for us. It wasn’t bad enough that Sec. of Treasury Henry Paulson controls our entire economy and now...
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AIG’s New Plan: Restructuring is now $150 Billion
The original $85 billion dollar package is now 70% higher, at $150 billion, Bloomberg reports. The company also swung to a Q3 loss of $24.47 billion. The U.S. will cut the original $85 billion loan...
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WAPO: Treasury Illegally Repeals Tax Law
Front page article in the Washington Post today, calling attention to a highly questionable aspect of the $750 billion bailout plan: A Quiet Windfall For U.S. Banks. We learn from WaPo that the...
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Bailout Money Goes Rogue
Yesterday’s Washington Post had a chilling article about the trillion dollars in bailout money. It is, lacking a better word, rogue — there is no real oversight committee or audit rules in place. The...
View ArticleJunkfood Science: Still adding it up…
Reporter Tom Raum reveals that the nonpartisan Congressional Budget Office report found that this year’s federal budget deficit would be a record $1.2 trillion, “about two times that of the year...
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