The World Needs A Breather From The US.

By Mike Whitney

The $13 trillion the Fed has committed to the financial system since the beginning of the crisis --via loans and outright purchases of mortgage-backed garbage and US sovereign debt--was never authorized by Congress. In fact, the Fed stubbornly refuses to even identify which institutions got the "loans", how much the loans were worth, what kind of collateral was accepted for the loans, or when the loans have to be repaid.

//informationclearinghouse.info/article23214.htm



The Expiring Economy

By Paul Craig Roberts

Tent cities springing up all over America are filling with the homeless unemployed from the worst economy since the 1930s. While Americans live in tents, the Obama government has embarked on a $1 billion crash program to build a mega-embassy in Islamabad, Pakistan, to rival the one the Bush government build in Baghdad, Iraq.

//informationclearinghouse.info/article23210.htm



We Need More Protest to Make Reform Possible

By Peter Dreier

Why is there so little protest in response to these hard economic times?
//informationclearinghouse.info/article23217.htm



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