Geithner says need to keep stimulus on

The Art of putting Wall $treet Wealth before Public Health

By: myVox

This indeed is the sad truth about today’s America! An economy that is reeling under huge deficits incurred in order to shore up banks that were going kaput! The sort of institutions that needed to be left to fend for themselves and die down actually go through resurrection mode. WHY? Is this not a grim indicator of where the ...

24 days ago

IMF warns G20 on cutting economic support

By: voiceofkashmir

WASHINGTON: The global economic recovery is uneven and the timing of any exit strategies should err toward supporting demand, according to an International Monetary Fund paper prepared for the G20.In the document prepared for a meeting of Group of 20 finance ministers and central bankers in Scotland, the IMF stressed the fragility of the global ...

22 days ago

Obama White House Makes Ludicrous Claim that Stimulus Bill Created or ...

By: CitizensForHonestGovernment

The Obama White House, no doubt feeling the pressure of rising unemployment rates across the country, came out with a ridiculous report today that the highly touted “Stimulus” Bill has created or saved 650,000 jobs. Aside from the fact the White House cannot tell how many jobs were saved or created, any analysis of unemployment rates ...

about 1 month ago

Geithner Plays Favorites

By: StuDio

Quiet concerns are circulating in Washington that the U.S. Secretary of the Treasury Timothy Geithner authorized purchase of assets from several financial institutions at 100% of their market value rather than the anticipated discounted prices.   Reports have surfaced that Geithner approved payments to, among others, Wachovia and Goldman ...

11 days ago