As the Obama administration pushes through Congress its $800 billion deficit-spending economic stimulus plan, the American public is largely unaware that the true deficit of the federal government already is measured in trillions of dollars, and in fact its $65.5 trillion in total obligations exceeds the gross domestic product of the world. The total U.S. obligations, including Social Security and... 

WASHINGTON — The Federal reserve sharply stepped up its efforts to bolster the economy on Wednesday, announcing that it would pump an extra $1 trillion into the financial system by purchasing Treasury bonds and mortgage securities. Having already reduced the key interest it controls nearly to zero, the central bank has increasingly turned to alternatives like buying securities as a way of getting... 

NEW YORK – Bernard Madoff’s Jewish wife could theoretically claim more than $100 million in assets — and should forfeit it all, according to federal prosecutors. The move by prosecutors seeks the court’s help in recovering $22 million in Madoff properties, all of which are solely in Ruth Madoff’s name except for one $3 million property. It also seeks $62 million in cash and securities... 

The Chinese Premier admitted this morning that his goal of 8 per cent growth for the world’s third-largest economy would be tough to meet this year, but he had more weapons in his armoury if need be to ensure Beijing reaches that target. Speaking at his annual news conference after the end of the session of the National People’s Congress, China’s ceremonial parliament, Wen Jiabao reminded the... 

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Brown supremacists strike it rich — again. A $950,000 earmark for a Hispanic civil rights and advocacy organization in the omnibus spending bill that passed the U.S. House Wednesday has drawn the ire of U.S. Rep. Steve King, R-Kiron. The Iowa Republican called the National Council of La Raza a “pro-amnesty organization” and said “the last thing Congress should be doing is handing out cash... 

Has anyone ever thought about us just making Mexico the 51st state? It would be lot easier. You think the war in Iraq is costing US too much? Read on.. Boy, was I confused. I have been hammered with the propaganda that it is the Iraq war on terror that is bankrupting us. I now find that to be RIDICULOUS. I hope the following 14 reasons are forwarded over and over again until they are read so many... 

American Dissident Voices Broadcast of National Alliance. The bailout will benefit those who move money around, but will it benefit White Americans? Hello, and welcome back to another edition of American Dissident Voices, the Internet radio program of North America’s foremost racialist organization, the National Alliance. I’m your host and the Chairman of the Alliance, Erich Gliebe. Things... 

Olexander Pavlenko, a young computer programmer, is one of tens of thousands of Ukrainians who cannot get their money out of the bank. He stood in line in Kiev at Nadra Bank and Ukrprombank, two big troubled banks, planning to withdraw more than $10,000 (€7,950, £7,125). But like many others, he was told the cash was not available. “I stood in line a couple times with other bank clients who were... 

Obama plans to bailout American economy for companies that have moved off manufacturing to China and India. “You can’t put people to work in American factories that don’t exist.” The strength of the federal economic stimulus package is seriously diluted by the fact that many of the manufactured goods that will be purchased for the attempted recovery must be imported from outside... 

Hungary is teetering on the edge of bankruptcy with its citizens struggling to pay off mortages and personal loans taken out in foreign currency during one of the post-Communist era’s most exhuberant booms. The birthplace of the Rubik’s Cube has provided its government with a multi-sided financial crisis that defies any ingenious solution. The forint currency has plummeted and unemployment... 

The number of foreigners in the UK grew by 290,000 in the year to June 2008, according to statistics published today. The figures mean that one in nine people now resident in Britain was born abroad. Official figures show 6.5 million people born overseas were resident in the UK in the year to June 2008, an increase of 290,000 on the year to June 2007. It’s a situation that causes concern across... 

In the middle of the economic recession and increasing unrest over British jobs going to foreigners, leading government figures have indicated their intention to ask Indian companies to bid for Whitehall civil service IT contracts. The move will see even more British jobs vanish as civil service jobs previously done by British citizens will vanish down the Internet to Indians working for below minimum... 

AMERICA FALLS – GERMANY RISES “THE US WILL LOSE ITS STATUS as the superpower of the global financial system,” the German Finance Minister, Peer Steinbrueck, told lawmakers in Berlin on September 25 2008. Steinbreuck continued: “The global financial system will become multipolar. Banks from Asia, Europe, and the Middle East, will play a bigger role in the new financial world. The Anglo-American... 

About 100,000 people have taken part in protests in Dublin city centre to vent their anger at the Irish government’s handling of the country’s recession. They oppose plans to impose a pension levy on 350,000 public sector workers. Trade union organisers of the march said workers did not cause the economic crisis but were having to pay for it. In a statement, the Irish government said it...