Probably by the end of the week President Obama will institute an increase of the federal debt ceiling by $1.2 trillion to over $16.2 trillion dollars. Although the increase is subject to Congressional disapproval, expect little more than...
Market Ticker - Karl Denninger
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March 10, 2010 11:18 AM
50% of the federal budget right now goes to entitlements.
This last month we posted a record $220.9 billion budget deficit. We took in $107 billion but spent...
ELVIS PRESLEY did not live to see his 75th birthday yesterday, but his estate could not be in ruder health thanks to an army of fans with a predilection for kitsch, and a battalion of lawyers who make sure the King gets his tribute.
With the festive season of Diwali round the corner, Surat-based textile traders are facing the cash crunch again. Traders are facing a tough time dealing with a reduced credit limit of mere 30 days as against over 120 days couple of months ago.