Apparently the Bank Of England is considering using something called Quantitative Easing to ease the financial swamp which seems to be preventing banks from lending to business and individuals.
At present, banks are hoarding cash in order to offset losses already incurred, or due to be incurred, on the pumped-up, worthless assets they hold.
So, to encourage [...]
The one single shaft of light throughout the whole financial situation is that it is clear that the global banking system is corrupt and worthless.
The saddest fact is that it is precisely this broken system that is now being encouraged by governments worldwide to continue exactly as they are through bail outs with inconceivable numbers [...]
The job site Monster.com has admitted that millions (and many millions at that) of users have had their personal data stolen from the Monster database.
While they crowed about the fact that CV data had not been touched, the data stolen includes dates of birth, names, email addresses, usernames and password.
So, if you have a gmail [...]
Fellow citizens: For eight years, it has been my honour to serve as your president.
The first decade of this new century has been a period of consequence - a time set apart. (Set apart from a more peaceful, more prosperous time)
Tonight, with a thankful heart, I have asked for a final opportunity to share some [...]
The BBC reports that shoes were thrown at George W Bush by an Iraqi reporter on Bush’s farewell visit to Iraq.
The guy managed to get both shoes lobbed at the President, who dodged them expertly without the help of his Secret Service suits.
Throwing shoes, must be an Iraqi thing.
