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California Is Too Big To Fail

California Is Too Big To Fail

California has a $ 24 Billion budget gap, if this monumental problem is not addressed in July the Golden State will be effectively bankrupt.

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Did Bernanke & Paulson Strong-Armed B of A’s Lewis For Merrill’s Deal?

Did Bernanke & Paulson Strong-Armed B of A’s Lewis For Merrill’s Deal?

On Thursday, the Committee on Oversight & Government Reform continued its investigation of the Bank of America/ Merrill Lynch merger with a hearing untitled: “Bank of America & Merrill Lynch: How did a private deal turn into a Federal bail out?”

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Cleric Calls to Execute ‘Rioters’, Obama Praises Mousavi

Cleric Calls to Execute ‘Rioters’, Obama Praises Mousavi

A religious leader hardliner and member of the Assembly of Experts, Ahmad Khatami told Iranians during Friday’s prayer that the ” rioters were waging war against God and should be executed.” The Assembly of Experts is the only Iranian institution that can technically challenge the authority of the Supreme Leader.

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So Obama Has A Smoking Habit, What’s The Big Deal?

At the press conference yesterday, the press corp asked more questions about the current status of President Obama’s smoking habit than any other topics. This is a sad statement for the press, and America’s priorities at large.

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New Revelations of Widespread Torture of Prisoners in Afghanistan

Former detainees have alleged they were beaten, deprived of sleep and threatened with dogs at the Bagram Airfield in Afghanistan, according to a new BBC report based on interviews with more than two-dozen former prisoners held at Bagram between 2002 and 2006.

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