Israel appears to have failed to transfer millions of shekels in restitution payments received from the German government to Holocaust survivors, Ynet has learned: In 1992, an agreement between Israel and the German government saw the establishment of a committee with a goal was to provide compensation for Holocaust survivors from camps and ghettos or those who were forced to live in secret in occupied... 

Britain must decide on the nature of its relationship with the European Union European Union chiefs are drawing up plans for a single “Treasury” to oversee tax and spending across the 17 eurozone nations. The proposal, put forward by Herman Van Rompuy, the European Council president, would be the clearest sign yet of a new “United States of Europe” — with Britain left on the sidelines. The... 

Thats right. The Fed owns NO gold. Zero, zip, ziltch. For those of you who did not watch yesterday’s monetary policy hearing in the house of representatives, you most likely missed this bombshell exchange between Federal Reserve lawyer Scott Alvarez and committee chairman Dr. Ron Paul. My jaw literally dropped when I heard the Fed’s general counsel declare that the Federal Reserve owns no gold.... 

Washington has come down with a case of fiscal fever as the Obama administration proposes everything from spending freezes on domestic programs to selling off unused government property to bring the budget back in line. Now, one study argues that the government can save billions of dollars simply by making a change to the currency itself. Earlier this month, the U.S. Government Accountability Office... 

Audit The Fed The Senate voted unanimously to peer into Federal Reserve decision-making Tuesday, authorizing an examination of the central bank’s emergency lending to financial institutions in the months surrounding the 2008 financial crisis. Separately, Democrats rejected a Republican plan to end the government’s support of mortgage giants Fannie Mae and Freddie Mac — a financial rescue...