US couple take lead on carbon trade by selling their first credit

March 13, 2010

The Wilsons began by getting rid of their son's heated water bed, turning off power to computers and televisions when not in use, changing to energy-efficient light bulbs, hang-drying... Read more »

Young war veterans returning home to unemployment

March 13, 2010

The unemployment rate last year for young Iraq and Afghanistan veterans hit 21.1 percent, the Labor Department said Friday, reflecting a tough obstacle combat veterans face as they... Read more »

U.S. Budget Deficit Grows $1 Million Every 11 Seconds

March 13, 2010

The government is on pace to set the record for annual budget deficits, with 2010 figuring to be $1.56 trillion. Last year, it was $1.4 trillion. Things probably won’t get better... Read more »

The Complete Guide to Toxic Mortgages and the Housing Situation of California – Option ARMs, 55 Percent of Jumbo California Loans are ARMs, 794,000 Distressed Properties, and Failed Loan Modifications.

March 13, 2010

An updated chart highlighting the option ARM and exotic mortgage loans made during the height of the bubble still shows us that many loans will go bad in the next couple of years. ... Read more »

Lawmakers get eviction notices

March 13, 2010

At least five state senators say they've piled up so much unpaid rent, sheepish landlords are asking them when the government plans to make good on its bills. "He said, ‘Ira, I'm... Read more »

The Stunning Fact That Connects Every Single Toyota Case

March 13, 2010

As Theodore Frank at the Washington Examiner points out, here are the reported ages of all 24 of the fatal Toyota (TM) cases: 60, 61, 63, 66, 68, 71, 72, 72, 77, 79, 83, 85, 89 Could... Read more »

Aging boomers face stark economics

March 13, 2010

Declining finances, rising health care costs threaten a generation WRH permalink Read More →

Economy Kept On Life Support While Global Governance Is Organized

March 13, 2010

While the mainstream media puts on the recovery song and dance, the fundamental problems of the collapse remain the same, and in some cases are growing ever more precarious. Subsections... Read more »

Collapse of the American Empire: swift, silent, certain

March 13, 2010

'The Consummation of Empire' focuses us on Ferguson's core message: At the very peak of their power, affluence and glory, leaders arise, run amok with imperial visions and sabotage... Read more »

Oil companies look at permanent refinery cutbacks

March 13, 2010

The response to slumping gasoline use would probably mean higher prices for drivers. WRH permalink Read More →

British law firm ‘conspired’ to hide $50bn debts of Wall St giant

March 13, 2010

A top British law firm helped stricken banking giant Lehman Brothers hide its debts in the run-up to the bank's collapse, a report said yesterday. Linklaters, one of the City's 'magic... Read more »

With the Economic Crisis, the Number of Billionaires has Soared

March 12, 2010

The current global financial and economic crisis once again confirms the fact that during economic upheavals the rich get richer and the poor become even more destitute. On Thursday,... Read more »

Economy Kept On Life Support While Global Governance Is Organized

March 12, 2010

While the mainstream media puts on the recovery song and dance, the fundamental problems of the collapse remain the same, and in some cases are growing ever more precarious. Subsections... Read more »

Over 2.5 Million Floridians On Food Stamps

March 12, 2010

More than 2.5 million Floridians are on food stamps, up from three years ago where 1.2 million residents received assistance... WRH permalink Read More →

Industries hoarding greenhouse gas emission permits

March 12, 2010

Companies across Europe are hoarding permits to produce greenhouse gas emissions worth hundreds of millions of pounds, the Guardian can reveal. The surplus credits have been amassed... Read more »

New round of foreclosures threatens housing market

March 12, 2010

The housing market is facing swelling ranks of homeowners who are seriously delinquent but have yet to lose their homes, and this is threatening a new wave of foreclosures that could... Read more »

US carbon traders fear pink slips

March 12, 2010

Wall Street was supposed to become the capital of a global carbon trading market worth a trillion dollars a year but now many who thought green trading desks would be the next big thing... Read more »

Goldman Sucks

March 12, 2010

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PSST : 27 trillion dollars later and they’re still insolvent

March 12, 2010

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PSST : 27 trillion dollars later and they’re still insolvent

March 12, 2010

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Lehman Fraudulently Cooked Its Books, Accounting Giant Ernst & Young Helped, Geithner and Bernanke Winked and Slapped Them on the Back

March 12, 2010

As William K. Black said a year ago, the government's entire strategy now - as in the S&L crisis - is to cover up how bad things are ("the entire strategy is to keep people from... Read more »

Lehman Fraudulently Cooked Its Books, Accounting Giant Ernst & Young Helped, Geithner and Bernanke Winked and Slapped Them on the Back

March 12, 2010

As William K. Black said a year ago, the government's entire strategy now - as in the S&L crisis - is to cover up how bad things are ("the entire strategy is to keep people from... Read more »

Is China actually bankrupt?

March 12, 2010

2009. Yes, China announced that its proposed annual budget for 2010 would produce a record deficit, but the deficit is just $154 billion, or 2.8% of China's gross domestic product.... Read more »

Is China actually bankrupt?

March 12, 2010

2009. Yes, China announced that its proposed annual budget for 2010 would produce a record deficit, but the deficit is just $154 billion, or 2.8% of China's gross domestic product.... Read more »

Ron Paul-The Fed Is To Blame For The Financial Crisis

March 12, 2010

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