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German Chancellor Angela Merkel heads to Paris to present Sunday to her colleagues from the euro zone a financial sector bailout plan for Germany that's expected to be more than half the size of what has been enacted in the U.S.
The new kid at the Treasury hasn't quite learned you really can't talk in public about what you are really up to. New Interim Assistant Secretary of the Office of Stability has been caught on tape providing the true details of what Treasury i
The rumors are true: Banksy is, or was, or has been in town, and he’s doing more than just painting, or hiding. For the last few weeks aficionados of street art have been atwitter with sightings of work by this pseudonymous, secretive British artist.
The market for credit default swaps is unregulated, untransparent, and highly dangerous. And its estimated worth is over 3 times the total value of US equities. "A CDS is a bit like a blind date. At first, they sound like a fantastic idea. But w
Hundreds of terrified Christian families have fled Mosul to escape extremist attacks that have increased despite months of US and Iraqi military operations to secure the northern Iraqi city. Some 3,000 Christians have fled the city over
General Motors Corp. and Chrysler LLC have held preliminary talks about a merger or an acquisition of Chrysler by GM, according to published reports Saturday. The Wall Street Journal, citing people it described as familiar with the discussions, said
American International Group Inc., castigated by the White House, Congress and Barack Obama for hosting a $440,000 conference days after an $85 billion federal bailout, plans to hold another gathering for brokers next week.
No one really knows who actually dropped the green beans into the fire and witnessed their alchemical change into aromatic roasted beans. What we do know is that it's the perfect result of exquisitely roasted seeds from berries that can be blacke
The next phase in this controlled disintegration will be distribution bottlenecks in supplies of real commodities. Food being the most important.
She said more women are coming in with family heirlooms — like rings and earrings — and more men are willing to part with their guns and power tools for a few weeks, looking for a quick financial fix to fill up their gas tanks or pay off bills
"As a consequence, the ADS provides the technical possibility to produce burns of second and third degree. Because the beam of diameter 2 m and above is wider than human size, such burns would occur over considerable parts of the body, up to 50%
Europeans borrowed vast sums in dollars in the offshore money markets when dollar credit was cheap. This was leveraged by multiples of 50 or 60 to fund whatever craze was in fashion – Russia, Brazil, infrastructure.
You could tack that sheet to a wall, wrap it around a pillar or even take a translucent version and tape it to your windows.
by Roderick T. Long. I explain how Austrian price theory applies to boom-bust cycles in general and the present financial crisis in particular, and why those who blame the crisis on the free market have things precisely backward.
I am laughing but sad, this is a great video. She used the power of state to make them die. Sarah Palin is a canine killer...!!
The most we can possibly do about these crimes is to conduct a non-binding "investigation"--preferably by a committee of "serious" Establishment figures--who will offer suggestions on how to avoid such situations in the future.
Stonehenge was used as a cremation cemetery throughout its history, according to new evidence that divides archaeologists over whether England's most famous ancient monument was about celebrating life or death.
WASHINGTON, Oct. 11 (UPI) -- The U.S. and six other nations say they have failed to agree upon a coordinated strategy of having governments partially nationalize struggling banks. (Blah Blah Blah,... you know what's coming)
WASHINGTON (AP) - President Bush emerged from a meeting with foreign financial officials on Saturday and pledged a global response to the credit crisis that will lead toward a "path of stability and long-term growth."
Would you be interesting in speaking at a conference in Russia in January entitled "The USA as the new Soviet Union"? You would get the trip paid for and a luxury hotel in St. Petersburg. I can talk to you via Skype if you
Read Letter
(You read about the International Monetary Fund being hacked and you are reminded of something a friend told you...) July 16, 2003
Finally. Someone who can explain to the dips**t American people what exactly this bailout is and what it means to them, provided they can pull themselves away from the McCain and Obama rallies long enough to have it read to them.
Bush speaks and the markets drop. Ron Paul talks about why the bailouts and Bush do nothing to restore confidence in the market place.
“This term terrorist is a really serious accusation,” Sister Ardeth, a nun for 54 years, told The Washington Times on Thursday in the first interview that the women have given since being informed they were among 53 people added to a terrorist watch
"The World Bank Group's computer network — one of the largest repositories of sensitive data about the economies of every nation — has been raided repeatedly by outsiders for more than a year....at least six major intrusions originating from
When they discovered the mistake, officials shredded the remaining "Osama" ballots and mailed correct versions to the roughly 300 people who had already received them.
Sarah Palin unlawfully abused her power as governor by trying to have her former brother-in-law fired as a state trooper, the chief investigator of an Alaska legislative panel concluded Friday. The politically charged inquiry imperiled her reputation
The G-7 agrees today that the current situation calls for urgent and exceptional action. We commit to continue working together to stabilize financial markets and restore the flow of credit, to support global economic growth.
Treasury Secretary Henry Paulson discusses the G7 plan to stabilize markets. (the Q&A session wasn't included in this video. It was even more scary)
Computer security specialists warn that hackers are using fake YouTube pages to trick people into opening their machines to diabolical software. "We are seeing tools like this not just for YouTube, but for MySpace, Facebook, instant messaging ..
