Today, the failure of the US Congress to pass the financial system bail legislation might very well become one of the most important days in modern history. You see, the banking system is on the verge of collapsing and really needs a government rescue. More than half of the House of Representitives voted against allowing the government to buy up to $700 billion in toxic loans. This bill might very well have saved wall street, main street, and the rest of this country! The government today seperated themselves from wall …

WaMu has become the latest failure in the financial meltdown that has plagued the United States banking system. One wonders who the idiots are let this happen? WaMu management? Regulators? Congress for not acting? The rating firms that lowered the ratings on their debt? Everyone’s deposits at the bank are safe as the branches and accounts were bought by JPmorgan Chase for $1.9billion.
What is amazing is the fact that it didn’t take a smart person to see this coming! Hopefully Americans do not lose faith in the banking system and …

The founder of an Oakland food factory that laces everything from cookies to barbecue sauce with marijuana has been on trial recently for a federal drug charge. Federal drug agents raided Tainted Inc. in Oakland a few years ago, and arrested three of Martin’s employees on drug charges for allegedly producing such marijuana-laced products as honey, soda and other snacks. At the time, federal officers couldn’t find Martin and considered him a fugitive. Martin said he was on vacation and made arrangements to promptly turn himself in once he’d heard …

As the financial markets continue to crumble China will soon swoop in and make us their bitch! That’s right soon there will be little American schoolchildren sweatshops making things for China. You see folks, your money in the bank is safe only as long as our government has the funds to guarantee it. If the domino effect of the financial system continues on it’s course, the entire economy could collapse. Your money in the bank will disappear and the government will not be able to pay out the insurance …

Thirteen employees from the Interior Department were named in a two-year long report about an investigation into the Denver Minerals Management Service office. The report cost U.S. taxpayers $5.3 million and describes a fraternity like culture within the organization. Rigging contracts, sexual relationships, promotion of an adult toy side business, cocaine use and many others were amongst the individual items detailed in the report.

The mortgage crisis is about to hit full throttle, and the brittle “house” of cards about to come crashing down on the US economy. The government is trying to rescue us by lowering interest rates and introducing a stimulus package to energize the economy. I feel that these efforts are not going to fix the root of the problem and things are going to get much much worse before there is any sign of a recovery. Here are seven creative ways in which we could revitalize the economy and keep …

A very large church organization, the Church Universal and Triumphant, is set to receive millions from the US Government…..for allowing buffalos to graze on the churchs' 12,000 acre property north of Yellowstone National Park. The Montana land, which the church puchased in 1981; is adjacent to the national park and appearantly in need of grass cutting. So, what do they do? They get the US Government to not only trim it for free, but actually pay them for the right to do so. All this in the name of the bison aka the …