Brent Budowsky of The Hill has called for Cong. Ron Paul to hold hearings before the subcommittee he chairs on the news of secret Federal Reserve bailouts of the the biggest banks. The news comes from an article by Bob Ivry, Bradley Keoun and Phil Kuntz at Bloomberg Markets Magazine that the Federal Reserve…
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The Christian Science Monitor reports that “Counting underutilized and marginally attached workers, the unemployment rate rose in April, according to the new jobs report”, to 15.9% for “total unemployment” and 9% for the standard rate of joblessness. And according to CNNMoney.com’s “Bailout Tracker”, this increase in joblessness has occurred despite the staggering commitment to…
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In “March Madness: U.S. Gov’t Spent More Than Eight Times Its Monthly Revenue,” Terence P. Jeffrey reports at CNSNews.com that the U.S. Department of Treasury has just announced that federal spending for the month of March was more than eight times revenues received. The U.S. Treasury has released a final statement for the month…
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