Except for a few hundred thousand U.S. Patriots, most Americans have no clue what has really been going on within The United States over the past 100 years, and the sad thing is that most do not want to know the truth.
The banks are carrying second-lien loans at par and have hundreds of billions of dollars of them. We just bought some at 33 cents on the dollar in the market. If they turn out to be worth 33, every bank would collapse.
What is a Confidence Man and what makes us say President Obama is conning the public? A con man succeeds by gaining the confidence of the victim. In this case the victim is the taxpayer
This is not some abstract failure in the market - this is a series of actions that have been taken with the full intention of screwing you, by both Democrats and Republicans, so that a handful of robber barons masquerading as capitalists do not have
At approximately the same time we were told Obama rejected the GPS track and tax idea, CFR member and current DHS boss Janet Napolitano was rolling out the idea of “enhanced driver’s licenses,” that is to say RFID national ID cards.
Japan's worst recession in decades continues to deepen. The world's second largest economy saw industrial production fall by 10% in January, the biggest monthly drop since records began more than half a century ago. Video.
The source of all these bailouts, aid packages, stimulus, and so on is primarily funded by one thing: borrowing. Here’s what I found when perusing through the headlines today:
“That’s the heart of why these companies are trading where they are,” Friedman Billings Ramsey & Co. analyst Scott Valentin said in an interview. “Technically, if you mark-to- market the entire balance sheet, most of these banks are insolvent.”
Take the large-cap companies that have held up "reasonably well" thus far and also are "legacy" firms - that is, firms that have been around for a long time and thus have pension obligations on their books. Zero the stock price of
While Buffett and business partner Charlie Munger can’t predict how stocks will perform in 2009, they’re certain “that the economy will be in shambles throughout 2009 - and, for that matter, probably well beyond,” he wrote.
Back in 1999, Richard Hatch (who played Apollo on the original BSG and who plays Zarek on the new one) created a trailer for a proposed BSG continuation that would ignore Galactica 1980.
Suitcase in hand, one foot out the door, many Americans have been wondering where to go to escape the crushing blows of the United States federal government. Well, you may not need to learn a foreign language.
Companies that defrauded the United States and jeopardized American lives received new government work despite rulings designed to stop them from receiving federal contracts, government investigators report. Payments went to a company whose president
The Obama administration pushed through a provision in the $787 billion stimulus package that gives an oversight panel headed by a White House nominee powers to ask that independent watchdogs call off their investigations.
The Obama administration has lost its argument that a potential threat to national security should stop a lawsuit challenging the government's warrantless wiretapping program. A federal appeals court in San Francisco on Friday rejected the Justic
The economy is spiraling down at an accelerating pace, threatening to undermine the Obama administration’s spending plans, which anticipate vigorous rates of growth in years to come.
A young Tibetan monk was shot by Chinese police after he set himself on fire Friday, the third day of the Tibetan New Year, at a market in Sichuan province's Aba prefecture, Tibetan activist groups said, citing eyewitnesses.
With its slim white body and glowing amber tip, it can easily pass as a regular cigarette. It even emits what look like curlicues of white smoke. The Ruyan V8, which produces a nicotine-infused mist absorbed directly into the lungs, is just one of a
A rare 1776 copy of the Declaration of Independence belongs to a Virginia technology entrepreneur, not the state of Maine, the Virginia Supreme Court ruled Friday. Richard Adams Jr. of Fairfax County purchased the document from a London book dealer i
The unusually intact fossilized skull of a giant, bony-toothed seabird that lived up to 10 million years ago was found on Peru's arid southern coast. The fossil is the best-preserved cranium ever found of a family of large seabirds believed to ha
3 1/2 years after Hurricane Katrina, the National Guard is pulling the last of its troops out of New Orleans, leaving behind a city still desperate and dangerous. Residents long distrustful of the city's police force are worried they will have to
Freedom Fighter Radio Expands and adds another network as we join forces with the nationally known network Plains Radio.com Beginning March 2, 2009 Freedom Fighter Radio will add another 250,000 listeners.
"This is the source," he said. "This is the gun store for a great deal of the world." Terry must be talking about the U.S. military and not your average gun store...