Ever since Barrack Obama took office as the President of the United States (POTUS) governmental spending has been out of control, as the men behind the curtain seek to squeeze every last drop of lifeblood from this once great nation. Although in some peoples minds governmental spending has always been out of control, the Obama Administration takes the cake. It’s a known fact that the federal debt... 

Most EU members are in favor of issuing eurobonds, but Germany opposes mutual debt obligations. Don Coxe, an investor and chairman of Coxe Advisors LLP, says Berlin cannot afford to hand out more bailouts when confidence in EU banks is crumbling. ­The talks are taking place in Brussels, where EU leaders are meeting for two days to agree on new growth measures for the union. RT: In a recent blog article... 

More Bailouts... Fresh off his successful (for now) effort to ram through an unpopular healthcare “reform” law, President Barack Obama is now fighting for legislation on Capitol Hill that would set up a permanent fund to bail out companies in the financial sector. Of course, that’s not how his team is spinning things. On the White House Blog, Jen Psaki claims that “under the Senate bill, the... 

Wondering what’s with this awful Financial Crisis and where’s your money? Here they are. Bailouts and Handouts! US President Barack Obama has signed the foreign aid budget law for 2010 which includes the granting of $2.775 billion in security aid to Israel. The Israeli Ynet news website reported that the budget signed by Obama, for the first time, also grants $500 million to the Palestinian... 

African leaders will ask rich nations for $67 billion per year to mitigate the impact of global warming on the world’s poorest continent, according to a draft resolution seen by Reuters on Monday. Ten leaders are holding talks at African Union (AU) headquarters in the Ethiopian capital to try to agree a common stance ahead of a U.N. summit on climate change in Copenhagen in December. Experts... 

Only 10 percent of French youths read a newspaper daily. This may be the era of Twitter and blogs, but the French government won’t give up on the printed press. In fact, it is stepping in to bail out the print-news industry in an unusual way. In an attempt to get young people to read the printed stuff again, the Sarkozy government this fall started giving every 18-to-24-year-old a one-year subscription... 

The price tag for bailing out UK banks has hit 850 billion pounds ($1.4 trillion) but Britain’s spending watchdog says the final cost to taxpayers will not be known for years. The independent National Audit Office (NAO) said on Friday the government was justified in asking the public to shore up the shaken sector at the height of last year’s financial crisis — although lending to...