China Holds Firm on Major Issues in Obama’s Visit

Nov 18, 2009 - President Obama toured the historic Forbidden City in Beijing on Tuesday during a break from meetings with Chinese leaders. Source BEIJING — In six hours of meetings, at two dinners and during a stilted 30-minute news conference in which President Hu Jintao did not allow questions, President Obama was confronted, on his first visit, with a fast-rising China more willing to say no to the United States. On topics like Iran (Mr. - 1 Comment

Could a new currency save the US?

Apr 26, 2009 - The Swiss Solution by Bernard Lietaer, April 2009 issue, Ode Magazine A new form of currency could help us in economic crisis. How a complementary currency helped save Switzerland from economic ruin in the 1940’s and could do the same for us today. The travails of the banking crisis have been front-page news for months, and the biggest bailout inhuman history is underway. - 10 Comments

Sarah, Sarah, Sarah

Nov 09, 2009 - WEST ALLIS, Wis. – Sarah Palin rallied thousands of abortion opponents Friday night with a a stark warning that the same philosophy that allows abortion rights could soon be invoked to allow the government to cut off health care for the elderly or children with special needs. Speaking to a fund-raising banquet of Wisconsin Right to Life, the former Alaska governor and 2008 Republican vice presidential nominee asserted that if policy-makers don’t believe a child in the womb is valuable, then “perhaps the same mind-set applies to other persons.” “What may they feel about an elderly person who doesn’t have a whole lot of productive years left,” Palin asked an audience of about 5,000 who paid $30 each to hear her speak in an airplane hangar-like exhibition hall at the Wisconsin state fairgrounds just outside of Milwaukee. - 9 Comments

New RECORD high for GOLD

Nov 09, 2009 - Gold price hits record high as dollar wanes Gold prices hit a record above 1,100 dollars on Monday with the dollar weakening after a pledge by G20 countries to keep economic recovery pumped up with easy money. In morning trading here, gold struck an all-time peak of 1,109.50 dollars an ounce as the euro rose to 1.50 dollars for the first time in two weeks. Gold "established itself above the psychological (1,100-dollar) level this morning as ministers at the weekend G20 meeting pledged to maintain their fiscal stimulus measures," said James Moore, an analyst at TheBullionDesk.com. - 4 Comments

Bwahahahahah.....Whatever Sting.....

Oct 30, 2009 - http://www.breitbart.com/article.php?id=D9BKU4HG0&show_article=1 Sting: Obama best person to handle world's 'mess' Oct 29 02:43 PM US/Eastern By NEKESA MUMBI MOODYAP Music Writer NEW YORK (AP) - Sting isn't a religious man, but he says President Barack Obama might be a divine answer to the world's problems. "In many ways, he's sent from God," he joked in an interview, "because the world's a mess." But Sting is serious in his belief that Obama is the best leader to navigate the world's problems. - 10 Comments

Regulators Debate Pros, Cons Of 'Too Big To Fail'

Oct 28, 2009 - A draft bill before Congress seeks to protect taxpayers from having to bail out big financial institutions by giving vast powers to a new regulatory council. The regulators would set rules for financial firms that pose a systemic risk either because of their size or their connection to other firms. The bill does not, however, limit the size of financial institutions. - 1 Comment

The dollar demise has begun' to group

Oct 13, 2009 -   Dollar loses reserve status to yen & euro By PAUL THARP Last Updated: 3:16 AM, October 13, 2009 Posted: 1:44 AM, October 13, 2009 Ben Bernanke's dollar crisis went into a wider mode yesterday as the greenback was shockingly upstaged by the euro and yen, both of which can lay claim to the world title as the currency favored by central banks as their reserve currency. Over the last three months, banks put 63 percent of their new cash into euros and yen -- not the greenbacks -- a nearly complete reversal of the dollar's onetime dominance for reserves, according to Barclays Capital. The dollar's share of new cash in the central banks was down to 37 percent -- compared with two-thirds a decade ago. - 0 Comments

Will Banks & Bonuses Lead Us to Better Days?

Oct 21, 2009 - Oct. 21 (Bloomberg) -- A Goldman Sachs International adviser defended compensation in the finance industry as his company plans a near-record year for pay, saying the spending will help boost the economy. “We have to tolerate the inequality as a way to achieve greater prosperity and opportunity for all,” Brian Griffiths, who was a special adviser to former British Prime Minister Margaret Thatcher, said yesterday at a panel discussion at St. - 32 Comments

More Than 300 Arrested in Two-Day Nationwide Takedown

Oct 23, 2009 - This is a loooong story, so I will cut it down for you. You can find the full story here http://www.justice.gov/opa/pr/2009/October/09-ag-1135.html October 22nd 2009 WASHINGTON – Today Attorney General Eric Holder announced the arrest of nearly 1,200 individuals on narcotics-related charges and the seizure of more than 11.7 tons of narcotics as part of a 44-month multi-agency law enforcement investigation known as "Project Coronado." The group first made headlines in Sept. - 5 Comments