Meet the Unemployed in Silicon Valley
The Wall Street elite have no empathy for the road-kill they ran over while driving drunk. This mess has the signature of Alan Greenspan and the Wall Street banks all...
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Implications of the Foreclosure-Gate
Not even for a second think that the unfolding foreclosure-gate is a small problem. Last week a California family (Squatters, Danielle and Jim, reclaim their foreclosed...
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There is No Honor Among These Thieves
His name is Jerome Kerviel. He was a trader at Societe Generale, a French bank which did speculative trading as its main business along with some conventional banking....
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What is POMO King Ben Upto?
POMO stands for permanent open market operations by the US federal Reserve Board. With a POMO, the Fed buys the US Treasury debt and pumps liquidity into the system....
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Savers, Stop Whining! (No, This is Not a Joke)
This comes to you via UK’s Telegraph: Savers told to stop moaning and start spending Savers should stop complaining about poor returns and start spending to help...
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Manufacturing in US is Officially Dead: Turn the Lights Off
Yes. Manufacturing in US is officially dead. Turn the lights of, literally! Washington Post: Light bulb factory closes; End of era for U.S. means more jobs overseas: By...
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