Do You Know Where Your Tax Dollars are Going?

FBN's Gerri Willis takes a look at how Uncle Sam is spending your hard-earned money.

China is stock piling GOLD

Tetsuya Yoshii, VP for derivative products at Mizuho Corporate Bank is bullish on gold given China's demand for the precious metal as it diversifies out of U.S. paper and dollar-based assets. He makes his case to Linda Yueh of Oxford University & CNBC's Martin Soong.

Bankruptcy of U.S. is Mathematical Certainty, Says John Allison, Former CEO of Nation's 10th Largest Bank

“I think the first thing we have to realize is where we’re going and to face it objectively,” Allison told CNSNews.com, when asked about the trillion-dollar-plus deficits the federal government has run for three straight years, the more than $13 trillion in federal debt, and the $61.9 trillion long-term shortfall the government faces (according to the analysis of the Peter G. Peterson Foundation) if the government is to pay all the benefits it has promised through entitlement programs.

“If you run the numbers, on all those numbers that you just talked about, which I think are accurate, very accurate, in 20 or 25 years, the United States goes bankrupt,” said Allison. “It’s a mathematical certainty.read more >>>>

Will Fed 600 Billion Jumpstart the Economy?

Will Fed's 600 Billion Jumpstart Economy?

Robert Pollin: Nothing in Fed's new plan will make banks lend more money

Quantitative Easing 2: US economy continues to sink (03Nov10)

The broke United States are pretending that printing more money will recover their economy - it won't. The money meant and banks will make the money, and the little people paying the taxes will be hung out to dry. The US economy is sinking to oblivion.

Congratulations to idiots like Gordon Brown and President Obama, who actually believe in their idol Keynes in how to ruin an economy.

What the money markets have done is give a loaded gun to sucker politicians, and said if you don't give us money, we'll pull the trigger and collapse the economy. The politicians give these crooks more money, and the economy continues to sink anyway. The politicians are in on the scam.

If people like Brown and Obama wonder why people do not support them, look at what the politicians have DELIBERATELY done to their economies.

Recorded from Newsnight, 03 November 2010.