A 7 minute video that points out just how fragile our economy is when it’s based on a fiat dollar that can not be converted to any physical commodity or tangible good. We are crashing.

Stop trying to chase your lost equity. That money is gone. Millions of Americans are now deeply underwater on their mortgage. If you’re among them, you need to stop living in a dream world and give serious thought to walking away from the debt. The lenders would do the same to you—in a heartbeat.

Like many people, Terry Hoskins has had troubles with his bank. But his solution to foreclosure might be unique. It involved a large bulldozer!

Police in the Greek capital say a bomb has exploded at the offices of American financial services firm JPMorgan Chase & Co., causing no injuries. The explosion damaged the door, furniture, computers and smashed some windows.

“From 1. Jan. 2011, every transaction above 1,500 euros between natural persons and businesses, or between businesses, will not be considered legal if it is done in cash. Transactions will have to be done through debit or credit cards”

Treasury Secretary Timothy Geithner’s denial that he played any role in the AIG cover-up is contradicted by emails which confirm that both Geithner and the New York Federal Reserve were both intimately involved in keeping details about payments to banks including Goldman Sachs from the public and Senators want him to resign.

With all the talk concerning bailouts and stimulus packages, military spending and deficits, I thought I would SHOW you just how much money is being created by the lovely Federal Reserve and this Administration’s policies. It might shock you to see what one trillion dollars LOOK like.

The Federal Reserve made a profit of $52.1bn (£32.2bn) in 2009, a rise of 47% over the previous year.

It could take until November 2018 to get the full story behind the U.S. bailout of insurance giant American International Group (AIG.N) because of an action taken last year by the Securities and Exchange Commission; granting AIG’s request for confidential treatment.

The Federal Reserve asked a U.S. appeals court to block a ruling that for the first time would force the central bank to reveal secret identities of financial firms that might have collapsed without the largest government bailout in U.S. history.