From the category archives:

Finance

Texas Rep. Ron Paul Wants Gold Audit

September 1, 2010
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Republican Rep. Ron Paul wants an independent audit of Fort Knox to assess the amount of gold the US truly has in reserve. Paul would also like to have not only a confirmation of the gold reserve, but if the gold that is in Fort Knox is obligated to any other parties. Rep. Paul, who [...]

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Sales Drop In August For GM

September 1, 2010
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On Wednesday General Motors sighted a 25 % decrease in sales compared to just 1 year ago. One of the reasons  for the large drop was the absence of the “cash for clinkers” program this year. The reported decrease makes this one of the worst August in years. Most of the other automakers are also [...]

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Fears Rise As Hong Kong Stocks Fall

August 31, 2010
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Hong Kong stocks took a nose dive and fell for their first decline in 3 months. Much of the market drop was triggered by Foxconn International Holdings Ltd. As the world’s largest mobile phone maker, Foxconn’s loss of 8.3 percent increase the loss gap. Danny Yan of Taifook Asset Management, which looks over $400 million [...]

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Bernanke’s Statements Give Wall Street Another Bump

August 30, 2010
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Ben Bernanke, Federal Reserve Chairman,  gave a speech to the central bankers and economist in Wyoming with his strongest words yet. Bernanke’s pledge was to assure everyone that still has worries about the economy that they will do everything in their power to avoid a relapse and further recession. Other experts at the meeting contest [...]

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Online Security Being Breached By Intel

August 19, 2010

On Wednesday Intel, computer processing king, announced its plans to acquire McAfee, online security giant for $7.68 billion. This deal is posed to make Intel a leader in the security and computer software market. This purchase will add to Intel’s recent series of software acquisitions in the gaming, visual computing and embedded device and machines [...]

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Verdict In – Blagojevich Guilty On 1 Count Out Of 24

August 17, 2010

A federal jury came in today with the long awaited Rod Blagojevich trial. Out of a total of 24 counts against him only 1 stuck. The jury could only come up with “beyond reasonable doubt” on the charge that involved lying to the FBI. Blagojevich, seeming bitter sweet insists the government is persecuting him. “We [...]

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