(Fox) – Even his critics describe him as “brilliant,” but President Obama’s newly minted judicial nominee — law professor Goodwin Liu — will not have an easy time getting to the 9th Circuit bench. Read the rest of this entry »

(USAToday) – Wrapped up in earmuffs and a heavy jacket to fight the Beijing winter, Liu Zhan shows little sign of soaring wealth. Until he removes his gloves — and reveals a large gold ring. At the Chinese capital’s biggest vegetable wholesale market, other traders call him “Millionaire Liu.” Read the rest of this entry »

President Obama has now been in office for over six months and despite his signature $787 billion stimulus, unemployment remains above 9 percent. Read the rest of this entry »

This is the first of several articles on Ellen Brown’s superb 2007 book titled “Web of Debt,” now updated in a December 2008 third edition. It tells “the shocking truth about our money system, (how it) trapped us in debt, and how we can break free.” Given today’s global economic crisis, it’s an appropriate time to review it and urge readers to digest the entire work, easily gotten through Amazon or Brown’s webofdebt.com site. Her book is a remarkable achievement – in its scope, depth, and importance. Read the rest of this entry »

This is the first of several articles on Ellen Brown’s superb 2007 book titled “Web of Debt,” now updated in a December 2008 third edition. It tells “the shocking truth about our money system, (how it) trapped us in debt, and how we can break free.” Given today’s global economic crisis, it’s an appropriate time to review it and urge readers to digest the entire work, easily gotten through Amazon or Brown’s webofdebt.com site. Her book is a remarkable achievement – in its scope, depth, and importance. Read the rest of this entry »

Fed chief Ben Bernanke has embarked on the most radical and ruinous financial rescue plan in history. According to Bloomberg News, the Fed has already lent or committed $12.8 trillion trying to stabilize the financial system after the the bursting of Wall Street’s speculative mega-bubble. Now Bernanke wants to dig an even bigger hole, by creating programs that will provide up to $2 trillion of credit to financial institutions that purchase toxic assets from banks or securities backed by consumer loans. Read the rest of this entry »

Fed chief Ben Bernanke has embarked on the most radical and ruinous financial rescue plan in history. According to Bloomberg News, the Fed has already lent or committed $12.8 trillion trying to stabilize the financial system after the the bursting of Wall Street’s speculative mega-bubble. Now Bernanke wants to dig an even bigger hole, by creating programs that will provide up to $2 trillion of credit to financial institutions that purchase toxic assets from banks or securities backed by consumer loans. Read the rest of this entry »