Federal Reserve Board Chairman Ben Bernanke. (U.S. Federal Reserve photo) By Beverly Bandler: We Americans need to face hard reality: The U.S. economy was once in a free-fall toward a new depression. It has begun to recover, but we should not delude ourselves: our economy ...read more
Reading this article (And Washington Post, this is a critical article about the administration that unlike the earlier monstrosity is backed up by this thing called actual reporting) about the Federal Reserve not telling the Treasury Secretary about the AIG bonuses who then seems ...read more
by Ari Rutenberg So the Dow is up 300 points an hour after opening. The reason for this is that Citibank claims to have made an $8 billion profit in the last two months. So all the spazzy white jackasses (with thanks to Bob Cesca) in Wall Street are freaking out. It seems like ...read more
