The Obama administration is proposing the broadest changes in financial regulation since the Great Depression, calling for the elimination of some bank regulators and giving the Treasury Department and Federal Reserve vast new authority. “We are going to put forward a very strong set of regulatory measures we think can prevent this kind of crisis from happening... 

Ron Paul’s bill to audit the Federal Reserve (HR 1207) now has 224 co-sponsors, and the numbers keep growing! This is history in the making, and victory is within reach. Imagine what will happen if HR 1207, The Federal Reserve Transparency Act, comes up for vote in Congress! With more than 50% of the House of Representatives already co-sponsoring this bill, it has real... 

Morgan Tsvangirai, Prime Minister of Zimbabwe travels to Brussels demanding massive financial aid to economically devastated government, caused by Robert Mugabe. BRUSSELS (AFP) — Zimbabwean groups on Friday called on the European Union to unblock “massive aid” to their devastated country, days ahead of the first visit to Brussels by Prime Minister Morgan... 

The central bank of the United States government–the Federal Reserve–thinks it needs a lobbyist, to work in Congress against Ron Paul. The Bloomberg story doesn’t mention Ron, but instead interviews some ex-Fed think-tank hack in DC. But it is Ron Paul the Fed fears. What a great achievement of Ron’s, to make what Andrew Jackson called “the... 

Criminal Jews behind the Wal-Mart phenomenon give us some ‘cheer’ by telling us that Wal-Mart Stores Inc. expects to hire more than 22,000 people to staff its 142-157 new or expanded domestic stores in 2009. “During this difficult economic time, we’re proud to be able to create quality jobs for thousands of Americans this year,” Eduardo Castro-Wright, vice chairman... 

A drastic plan to slash California’s budget could mean closing down 220 state parks, including scenic attractions that draw millions of visitors. Parks on the list include Lake Tahoe’s Emerald Bay, Will Rogers’ Southern California ranch and Humboldt Redwoods State Park, which boasts the world’s tallest tree. The Governor’s Mansion in Sacramento... 

Several hundred blonde women marched through the Latvian capital Riga in a bid to cheer up the crisis-hit Baltic nation, suffering the worst recession of all 27 EU member states. Led by an orchestra, the first-ever blonde parade featured women dressed in pink and white, some accompanied by lapdogs, in a charity fund-raising event that organisers hope will become an annual... 

It’s been close to 140 years since Weir & Sons began trading jewelry on Grafton Street, a hot spot for Dublin shoppers. The business has weathered the years well. “We’ve seen ups and downs, wars and rebellions,” says Neville McDowell, jewelry buyer for the family-run company. The latest downturn will test it again. After a “phenomenal”... 

The Denver Post in Colorado and numerous newspapers across the USA frequently publish stories on legal and illegal migrants struggling to make a new home in America. Those pieces, filled with sob stories enough to empty a box of Kleenex at a ‘chick flick’, provide the fodder for a never ending flood of immigrants seeking a better life. But they never talk... 

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General Motors Corp. has pulled together many of the pieces needed to complete government-ordered restructuring, but its board still is likely to decide Saturday to head into bankruptcy protection because there’s too much left to do. Word of the board’s decision, which would be made during two days of meetings, may not be known until Monday, when GM is expected... 

by James Buchanan A recent Reuters article reports “The U.S. recession is set to end ’soon,’ but continued job losses and plunging house prices point to an economic recovery that will be more moderate than those experienced in previous downturns, a survey showed. The survey of 45 professional forecasters released by the National Association of Business Economists... 

Every day it gets worse. Every day, we lose a little more of the America we once knew, and we descend a little farther into the Third World politics of dictatorship and revenge. The Washington Examiner reports: “Evidence appears to be mounting that the Obama administration has systematically targeted for closing Chrysler dealers who contributed to Republicans. What... 

Marine Le Pen, daughter of Jean-Marie Le Pen, has asked the French government to freeze its financial contribution to the European Union, she estimates that money should be given to French citizens severely impacted by the economic crisis. She will head the National Front for the European elections for the North-West region, she adds that every year France contributes... 

In a sobering holiday interview with C-SPAN, President Obama boldly told Americans: “We are out of money.” C-SPAN host Steve Scully broke from a meek Washington press corps with probing questions for the new president. SCULLY: You know the numbers, $1.7 trillion debt, a national deficit of $11 trillion. At what point do we run out of money? OBAMA: Well, we are out...