Interest on public debt costs $170-million a day

Canadians paid $170-million per day in 2008/2009 in unnecessary interest on federal, provincial and municipal debt. The cost for 2009/10 and subsequent years will likely be higher.

These costs are reflected

in taxes, fees, cut-backs in public services such as education and

medicare and deterioration of infrastructure such as…

Now that President Obama has done enough back-room deals to get

the Democrats' health care legislation through the House of

Representatives, he can resume making plans for a visit to his childhood

home, Indonesia. The trip was on for this week, but the White House

cancelled it so Obama could stay in Washington…

By Matt Apuzzo ASSOCIATED PRESS

Wall Street financial firms weren't the only ones giving big bonuses in the boom years before the worst financial crisis in generations. The

government also was handing out millions of dollars to bank regulators,

rewarding "superior" work even as an avalanche of risky mortgages

helped create the meltdown.

The payments, detailed in payroll data released to the Associated Press under the Freedom of Information…

NEW YORK (The Borowitz Report) - In what is looming as another public relations predicament for Goldman Sachs, the banking giant admitted today that it made "a

substantial financial bet against the Gulf of Mexico" one day before

the sinking of an oil rig in that body of water.

The new revelations came to light after government investigators turned up new emails from Goldman employee Fabrice "Fabulous Fab" Tourre in which he…

Leaked report: Government fears Deepwater Horizon well could…

U.S. Needs Hit Squads, ‘Manhunting Agency’: Spec Ops Report

Source: Zero Hedge

Where does it end? 100 billion? 1 trillion? 1 quadrillion? And yes America, this is your money, going to bail out Greece... Then Portugal... Then Ukraine....Then Dubai....Then Italy....Then Spain....Then Hungary....Then the

Baltics...Then the UK....Then Japan... and by the time we have…

Niger is threatened with total crop failure in some areas and the situation is worse than the 2005 crisis, the UN humanitarian chief has

told the BBC.

But John Holmes said the new government is co-operating in aid efforts.

Ex-President Mamadou Tandja, toppled in a coup in February, was criticised for doing too little then and saying the crisis had been exaggerated.

Nearly 8m people are affected by the drought this year and the UN says up to $130m…

The surface faults have been discovered over the last two decades. Placing them all on one map will help educate the public and aid in planning and quake readiness.

April 28, 2010

By Hector Becerra

Los Angeles Times



More than 50…