Ben Bernanke is so deserving of this next AYFKM? Award for his warning today about the US debt, and how The Fed won’t “monetize” the debt, all the while not taking responsibility for his part in the financial fiasco.
Bernanke delivers warning on U.S. debt
Stage is set in U.S. for a Greek tragedy
With uncharacteristic bluntness, Federal [...]

When in doubt about how bad you are tanking with the American public, go shopping with the first lady and look at lettuce.
Bailout Anger Undermines Geithner
WASHINGTON— Timothy Geithner’s role in calming the financial crisis landed him the coveted job of Treasury secretary last year. That same résumé is now dogging him.
In his next test, Mr. [...]

A must see documentary about the causes of the financial meltdown due out in March, 2010.
Generation Zero:
The current economic crisis is not a failure of capitalism, but a failure of culture. Generation Zero explores the cultural roots of the global financial meltdown – beginning with the narcissism of the 1960’s, spreading like a virus through [...]

Senator Menendez (D-NJ), in a letter to The Fed, urged the approval of a bank sale where the chief officers were major campaign donors.  I know, nothing new to see here, just move along.  They are all bloodsucking parasites that need to be kicked to the curb, and soon.
This also reminds me of my own [...]

This is definitely one of those don’t miss posts from Market Ticker with all the bells and whistles.  Karl puts the puzzle pieces together; ‘actions speak louder than words’.  Make sure to go over and read the entire article; it is eye-opening.
Financial Terrorism? You Decide
Remember this?  $125 billion of “slosh”, or excess liquidity, drained [...]

I dislike being the bearer of this type of bad news, but it is only going to get worse considering who is at the helm in the District of Criminals.
Five Banks Fail; Year’s Total at 9
Regulators seized five banks in Florida, Missouri, New Mexico, Oregon and Washington, lifting the total number of failures this year [...]