FAO's food prices index gained 2.2 percent in February, which marked the highest point since the analysis of the prices in 1990. The index embraces the fluctuations of prices on 55 sorts of food products.
How do the powerful keep the US population dumb and distracted? A key tactic has been using methodologies that produce totally misleading underestimates of key economic factors. First we learned that official unemployment figures are too low by a factor of two.
Government believed the sites contained child pornography, but they did not
Nobody goes to jail.
Texas Rep. Ron Paul has won the Conservative Political Action Conference (CPAC) 2012 presidential preference straw poll of 3,742 activists, the chairman of the huge annual gathering of conservative activists announced on Saturday.
Some 71 percent of the homes in Las Vegas are underwater, according to USA Today. At least half of homeowners with a mortgage owe more than their homes are worth in 17 of 386 U.S. counties, the newspaper reports citing CoreLogic data.
In the real world, political decisions determine who gets bailed out and who doesn't, who stays afloat and who goes under, who gets rewarded and who gets prosecuted (and if prosecuted, who gets hit hard and who gets off with a slap on the wrist ... or a slap on the back).
Gov. Jerry Brown on Friday ordered government agencies to halt new car purchases and sell automobiles that are not "essential" for state business as he launched an effort to cut the number of state-owned passenger vehicles.
The US housing market accelerated into a double-dip recession, complicating the Federal Reserve's efforts to revive the world's largest economy.
This is a radio show recording by a personal Friend of the Governor of Hawaii.
Bank of America Inc.'s Countrywide Financial unit, acquired by the bank in 2008, was accused of "massive fraud" in a lawsuit by investors who claim they were misled about mortgage-backed securities.
Iceland's special prosecutor into the banking crisis has confirmed that raids have taken place today and that arrests have been made. The Central Bank of Iceland is among the institutions under investigation. Hoh hoh hoh......
Last year's robo-signing scandals delayed tens of thousands of foreclosures in the 23 states where the process is handled in court. A new controversy could complicate foreclosures in the other 27 states.
As far back as 2009 (yes, over a year ago) I have been warning readers and subscribers of the (not so) hidden risks of putbacks, warranty and rep reserves, and the overly optimistic under reserving of the big commercial banks.
Bank of America is Doomed!!!
SACRAMENTO, Calif. (AP) — Gov. Jerry Brown tried Wednesday to sell his budget proposal to skeptical local government officials, many of whom are concerned about his plan to eliminate the redevelopment agencies they rely on for construction projects.
Gov. Jerry Brown on Thursday is expected to declare California to be in a state of fiscal emergency, asking legislators to act quickly on a package to shrink a state budget facing a $25.4-billion shortfall.
A few days ago we reported that Newt Gingrich was pushing for legislation to allow states to file for bankruptcy, "allowing Them To Renege On Pension And Benefit Obligations." As we speculated back then "obviously what this means for equity investors in assorted muni investments …
In a letter published Monday in The Times of London newspaper, groups including doctors' body the British Medical Association, the Royal College of Nursing and trade unions — which together represent many of the more than 1 million NHS employees — warned that the scale and pa …
Doctors in north-west England began giving jabs to healthy schoolchildren earlier this month, after senior medics decided that stocks of vaccine should be used to prevent the spread of disease among the young.
This video documents the capture of a three man shooter team and thier weapons. They were pulled from a car and beaten by a crowd before the Army pushed back the crowd. VIDEO - German passports were found on the men!
Tierney believes that Loughner was very interested in pushing people's buttons—and that may have been why he listed Hitler's Mein Kampf as one of his favorite books on his YouTube page.
NEW YORK (CNNMoney) -- California Gov. Jerry Brown unveiled Monday a draconian budget plan that would slash $12.5 billion in spending and extend $12 billion in tax hikes.
Chowchilla, Calif. has failed to make its January payment on a bond issued to make expensive renovations to its city hall. We warned you on Tuesday that city was on the brink and could foreshadow similar cases across the country. Now Chowchilla has crossed the line.
Ever wonder where all the money for equity inflows came from? Here's the answer: with all the money saved from participating in the Supplemental Nutrition Assistance Program, better known as foodstamps, which in October hit a brand new record, 43.2 million Americans decided to jo …
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