(OregonLive) – Oregon budget stands at precarious crossroad
Oregon government stands at the edge of a financial chasm as precarious as any in its 151-year history, hemmed in by the global recession, questionable spending decisions and a budget-draining combo of skyrocketing expenses and sluggish growth. Read More Here
Anyone with a lick of common sense will tell you that when you are in a hole, you need to quit digging. Continuing to dig will only create a larger problem. Do schools teach this?
Even President Obama’s national debt commission recently told him that his continuing spending orgy is digging America into a gigantic fiscal hole. Read More Here
(DailyBell) – Ellen Brown on Debt Money, Why Money is Collapsing and Why Central Banks Need Adult Supervision – Read More Here
(AJC) – Research firm: 5,200 restaurants closed in the U.S. this spring – Read More Here
(Telegraph) – Obama signs a bill that lets banks have US over a barrel once more
Last week, President Obama signed into law the Dodd-Frank Wall Street Reform bill – hailed as the most sweeping overhaul of US financial regulation since the 1930s. Read More Here
(RussiaToday) – Video: Keiser Report №61 – Markets! Finance! Scandal!
This time Max Keiser and co-host, Stacy Herbert, look at the latest scandals of deficit fraud, Hank Paulson’s love of financial reform and the RIAA’s very low return bullying. In the second half of the show, Max talks to Ben Davies of Hinde Capital about the BIS gold swaps and more. – Video Link Here
(RealNews) – Video: PLUNDER – THE CRIME OF OUR TIME
Danny Schechter on the financial crisis and Wall Street as a crime narrative