This kind of thing is what prompts casual observers to wonder if the president is a cynical shill for business as usual, or a victim of the worst conventional thinking with no real vision, or just another clueless sleepwalking bozo with a charming veneer.
"...we will continue to increase the amount of the reward until it is so huge that the American people will begin to question why he has sealed all his background info to hide something..."
Timothy F. Geithner, who as president of the NY Federal Reserve oversaw many of the nation’s most powerful financial institutions, stunned the group with the audacity of his answer. He proposed asking Congress to give the president broad power to gua
"That is why this thread has been created. For you, the future of our nation, to let us know who your parents are. Tell us the names of those who do not support Obama the way that you do."
The Obama administration, siding with former President George W. Bush, is trying to kill a lawsuit that seeks to recover what could be millions of missing White House e-mails in a stunning reversal of Obama's rhetoric about Bush secrecy on the ca
Digging a bit deeper, only 8.4 percent of homeowners in the San Francisco metro region meet the program’s criteria, and it’s even lower (6.9 percent) in the San Jose region.
Citigroup is a black hole, sucking in every dollar thrown at it and it still wants more. No amount seems enough to save it. Taxpayers have already guaranteed a whopping $300 billion dollars worth of Citigroup debt. Now, two months later...
The U.S. government stands firmly behind the banking system during this period of financial strain to ensure it will be able to perform its key function of providing credit to households and businesses. ...
Citi's market cap is around $10 billion, so it seems the government is getting a poor deal if the $45 billion in preferred is converted into only 40% of Citi's common stock.
Secretary of State Hillary Clinton set a new tone for U.S. relations with China, saying the two nations would join a common battle against global warming even as they look for ways to pull the world out of economic turmoil and recession.
Keyes has some very strong opinions about President Obama.He is going to destroy this country and we are either going to stop him or the United States of America is going to cease to exist,” said Keye
The Obama administration, siding with former President George W. Bush, is trying to kill a lawsuit that seeks to recover what could be millions of missing White House e-mails.
That’s $8,000 per borrower, broken down to $1,600 a year, to offset the cost of mortgage modification. Ross told CNBC’s Squawk Box this morning, “Does anyone really think that all that keeps 9 million people from losing their homes is $1,600 per year
President Barack Obama signaled Friday he will continue Bush Administration policy with regard to detainees held at a US airbase in Afghanistan, saying they have no right to challenge their detentions in US courts -- and denying them legal status alt
The global economy may be deteriorating even faster than it did during the Great Depression, Paul Volcker, a top adviser to President Barack Obama, said on Friday.
You sort of say to yourself: what’s going to happen in this society when these people are without jobs, when their families hurt, when they lose their homes, and so forth?
The photograph appears to confirm a seeming slip-of-the-tongue by Sen. Dianne Feinstein (D-CA), a member of the Senate Intelligence Committee who said that the US was launching strikes on Pakistani territory from inside Pakistan...
"What I thought was a mistake of this proposal was it underestimated the intelligence of the American people because it was built up to be this great 'saving grace' but somebody set those expectations and there was nothing behind it.
By subsidizing monthly payments, and not forcing banks to write down principal by more than a token amount of $1000 per year for 5 years, the plan will keep homedebtors tethered to vastly overpriced mortgages. Who does this really benefit?
Unemployment could get so bad in some countries that there will be civil unrest. Blair cited that scenario in his threat assessment last week, saying, "Economic crises increase the risk of regime-threatening instability if they are prolonged for
Shiller and others have warned that investors who scoop up distressed properties now will hold onto them until the market shows signs of life. Then, of course, another flood of homes and condos will hit the market, giving us a double-dip housing down
This entire "crisis" is not an accident - in any way, shape or form. We will not get out of this mess until we recognize that we are here as a consequence of a massive, financial-system-wide campaign of fraud and theft...
The Obama agenda isn’t about saving the American economy. Rather, it is about putting Big Brother in control of our lives. It’s about the Nanny State — big government intrusion into every aspect of our lives
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