I thought I’d supply folks with a startling article authored by Sean Broderick a regular editorialist to “Money and Markets” a Martin Weiss web based publication. I subscribe to their “Safe Money Report”. One of their free services available to all is that which is supplied by the following link.
From terrorism to the economic meltdown, problems menacing the United States’ security and economy also threaten an increasingly interconnected world, President Barack Obama said Saturday.
"In this new century, we live in a world that has grown smaller and more interconnected than at any time in history," Obama said in his weekly radio and Internet address, taped during his first presidential trip to Europe. "Threats to our nation’s security and economy can no longer be kept at bay by oceans or by borders drawn on maps."
Lawrence H. Summers, one of President Obama’s top economic advisers, collected roughly $5.2 million in compensation from hedge fund D.E. Shaw over the past year and was paid more than $2.7 million in speaking fees by several troubled Wall Street firms and other organizations.
South Carolina Gov. Mark Sanford backed down yesterday from his standoff with the White House over stimulus funding, becoming the last governor in the nation to officially announce that his state will accept economic recovery aid.
Just as it did with Iraq, Congress is moving toward imposing benchmarks that the Pakistani government must meet to qualify for billions of dollars of U.S. military assistance. But the proposed restrictions, introduced in House legislation Thursday, have made both the White House and the Pakistani…
Defense Secretary Robert M. Gates is expected to announce on Monday the restructuring of several dozen major defense programs as part of the Obama administration’s bid to shift military spending from preparations for large-scale war against traditional rivals to the counterinsurgency programs that…
The Obama administration is engineering its new bailout initiatives in a way that it believes will allow firms benefiting from the programs to avoid restrictions imposed by Congress, including limits on lavish executive pay, according to government officials.