Bernanke's Remedy: Pump More Blood Into a Corpse

By Mike Whitney

Corporations are finding it harder to roll over their debt, bank loans are defaulting at a historic pace, and commercial real estate is imploding. Credit destruction is unprecedented, massive and ongoing. The capital hole is bigger than the Fed and bigger than the Treasury. It can't be plugged with liquidity alone. Continue

How the Feds Imprison the Innocent

By Paul Craig Roberts

For two decades I have been attempting to make Americans aware that the danger to their liberty comes not from foreign adversaries, terrorists, or criminals, but from prosecutors, who have destroyed law as a shield of the innocent and turned law into a weapon against the innocent. Continue

What Recession?

As the Economy Crashed Around Them, 400 Richest Americans Lined Their Pockets with $30 Billion

By Les Leopold

It's great to know that during the worst economic crisis since the Great Depression, the wealth of the 400 richest Americans, according to Forbes, actually increased by $30 billion. Continue