Bank of England Governor: U.S. Faces Same Danger as Greece
Mervyn King, Governor of the Bank of England, has warned the U.S. is heading for a financial “meltdown.”
Category Archives: Financial
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Survival Depends On The Passage Of Cantwell-McCain’s Glass Steagall
–Lyndon LaRouche today declared that the only hope for avoiding a near-term collapse of the entire global financial system is for the U.S. Senate to pass the Cantwell-McCain amendment, reinstating the Glass Steagall Act, that separated commercial banks from brokerage and insurance firms in 1933. “If the White House and the Senate Democratic leadership don’t […]
Why is the U.S.A Bankrupt?
You think the war in Iraq is costing us too much? Read this: Was I confused by liberal propaganda. I have been hammered with the propaganda that it is the Iraq war and the war on terror is the source that is bankrupting the USA. I now find that to be insane. I hope the […]
Common Sense Video: An Illegal Boycott of Arizona
Some California legislators want to boycott Arizona because of its enforcement of immigration laws. But such a move would alienate neighboring states and further damage California’s fragile economy.
Pelosi: It’s Cheaper to Treat Teens for Drug Use Than Interdict Drugs at Border
By Edwin Mora (CNSNews.com) – While pointing out that it is the responsibility of the federal government to secure the U.S.-Mexico border, House Speaker Nancy Pelosi (D.-Calif.) said Thursday it is cheaper to treat teens for drug use than it is to interdict drugs being smuggled across the border. CNSNews.com pointed out to the speaker […]
Stop the EPA’s Global Warming Power Grab
The Obama administration intends to bypass Congress and implement outrageous global warming regulation of the entire U.S. economy through the EPA. Many of you have helped us put tens of thousands of comments into the EPA, but they aren’t listening. We need Congress to step in and stop the EPA power-grab, by sending a clear […]
Tell Congress to Stop the FCC Internet Takeover
As we have explained on www.ObamaChart.com, the Obama administration is committed to accomplishing its far-left agenda at any cost and by any means. When Congress blocks its agenda, it pursues any number of techniques to circumvent the normal policy-making process. In its efforts to impose crippling net neutrality regulations on the Internet-an idea with very […]
Vote NO on the so-called financial reform legislation
Bank stocks went up after Obama’s so-called financial reform speech. That’s probably because his bill institutionalizes “too big to fail.” It doesn’t break up the banks and it assures them access to Federal Reserve loans as needed. It makes bailouts permanent. The Goldman Sachs scandal exposes a deep flaw in the bill that we believe […]
Stocks slide as new doubts about Greek aid emerge
NEW YORK – Stocks plunged around the world Tuesday as fears spread that Europe’s attempt to contain Greece’s debt crisis would fail. The euro fell to its lowest point against the dollar in a year. The Dow Jones industrial average fell about 245 points, erasing its 143-point gain from Monday. The Dow and broader indexes […]
Pony Express started 150 years ago on April 3 1860
The Pony Express, the system of mail delivery by continuous horse and rider relays between St. Joseph, Missouri, and Sacramento, California, started 150 years ago on Apr 3. The scant 19 months it lasted ranks as one of the most colourful episodes in the history of the American West. Hollywood has immortalized the service and […]
