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Latin America takes to the Bitcoin 'virtual currency' in a big way Watch
Invented by "Satoshi Nakamoto," believed to be the pseudonym for a fleet of computer programmers, the virtual form of currency known as the ... continue reading
Is this goodbye? Much maligned Crocs shoes may be close to extinction Watch
The Daily Mail is asking if this is the end of the Croc, after the company reported a massive decline in profits and cited flagging ... continue reading
Government bold-face lying about deficit, why are we not surprised? Watch
The Obama administration has a magic bank account. That, or someone's lying. According to the Daily Treasury Statement, dated July 26, ... continue reading
How bad are municipal bankruptcies really? Watch
How bad is the municipal bankruptcy outlook? It's difficult to predict, however we can evaluate the past. As it turns out, only a small ... continue reading
Obama promised he wouldn't let Detroit fail... well yesterday it failed Watch
Detroit filed bankruptcy Thursday, hopefully ending a long, terminal slide into insolvency. The city has been long beset by lost jobs, ... continue reading
Criminally unfair? Why disgraced Enron CEO Skilling could see freedom sooner than you think Watch
He cost stakeholders more than $60 billion dollars, and now his prison sentence will soon be reduced. Former Enron CEO Jeffrey Skilling, ... continue reading
China and Japan now hold record amounts of Obama debt Watch
Foreign investors now hold a record amount of U.S. securities and the amount continues to skyrocket. China and Japan lead the way. LOS ... continue reading
Why should Americans play the banking game when the rules are so unfair? Watch
In the court of public opinion, banks have been losing badly. Ever since the 2008 financial crisis, their billion dollar, taxpayer-funded ... continue reading
Here's what's wrong with the Koch brothers buying the Tribune Watch
America is an illusion of democracy because money rules all. Political causes are successful only if they secure major funding. Likewise, ... continue reading
Worried states consider gold and silver exchanges to protect from Fed policy Watch
A dozen states are considering bills that would once again authorize the use of gold and silver coins as legal tender. The move comes as ... continue reading
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