News & Commentary

Hank Paulson’s testimony before the House Committee on Oversight and Government Reform last week was painful to watch. The hardest thing in the world is

By: Prison Planet I started F. William Engdahl’s new book, “Full Spectrum Dominance: Totalitarian Democracy in the New World Order,” this weekend and literally could

Artist: Alberto Ruggieri From BBC News “From programmes involving large capital infusions into hundreds of financial institutions, to a mortgage modification programme, to public-private partnerships

We posted this back in 2007, but thought it might be worth viewing again as we watch a parade of rich financiers insist that they

Gov. Arnold Schwarzenegger and California legislative leaders Monday said they reached a compromise to close the state’s $26 billion budget shortfall. Continue Reading California Budget

By Tim Mullaney Venture capital investment fell 51 percent in the second quarter as firms coped with the recession and a drought in initial public

More information at Wikipedia . . . Update: Asia Darkens Under Long Solar Eclipse Reuters (22 July 09)

By Rob Kirby With the former Investment Banks being granted Commercial Banking status due to the unfolding financial crisis in late 2008, it was widely

Shock: Inside the Healthcare Bill EconomicPolicyJournal.com “Following the mad recommendations of Peter Singer made in NYT’s Sunday magazine, it pays to take a look at

Under current law, the federal budget is on an unsustainable path, because federal debt will continue to grow much faster than the economy over the