Food stamps are the symbol of poverty in the US. In the era of the credit crunch, a record 28 million Americans are now relying on them to survive – a sure sign the world’s richest country faces economic crisis
Officials with the Spanish toll road operator Cintra have announced that the company has secured $430 million in loans from the U.S. government to build and operate two segments of a toll road in central Texas.
Sphere: Related ContentDriven by a painful mix of layoffs and rising food and fuel prices, the number of Americans receiving food stamps is projected to reach 28 million in the coming year, the highest level since the aid program began in the 1960s.
Sphere: Related ContentBe it ever so devalued, $1 trillion is a lot of dough. That’s roughly on a par with the Russian economy. More than double the market value of Exxon Mobil Corp. About nine times the combined wealth of Warren Buffett and Bill Gates. The Banksters get to have their cake and eat it, too.
Sphere: Related ContentMore government oversight, just what we need… I say let the banks deal with it themselves, and hopefully they will learn their lesson.
The US Federal Reserve is examining the Nordic bank nationalizations of the 1990s as a possible interim solution to the US financial crisis.
The Treasury Department will propose on Monday that Congress give the Federal Reserve broad new authority to oversee financial market stability, in effect allowing it to send SWAT teams into any corner of the industry or any institution that might pose a risk to the overall system. BUT THIS WON’T SOLVE THE PROBLEM,PEOPLE!
Sphere: Related ContentBiometrics In the Work Place is seeding a high level of mistrust between employers and employees.
Before adjournment, House Democrats reached into the taxpayers’ pockets again.
Is it just me or is this just moronic?
Sphere: Related ContentThe United States has outsourced the manufacturing of its electronic passports to overseas companies — including one in Thailand that was victimized by Chinese espionage — raising concerns that cost savings are being put ahead of national security, an investigation by The Washington Times has found.