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BP’s Super Mega Monster Big Gulp: Over $100 Trillion

Over the last two weeks hundreds of news articles have appeared in the mainstream news which have suggested that BP is shortly headed into bankruptcy due to the enormous expenditures they will incur cleaning up the Deepwater Horizon oil spill. Just four days ago BP executives agreed to establish a... Read more...

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Bernanke: ‘Things Will Come Apart’ If Entitlements Are Not Reformed and Spending Controlled

Federal Reserve Chairman Ben Bernanke delivered a frank assessment to Congress on the fate of the economy if entitlement programs are not restructured. On Wednesday, Bernanke warned that “things will come apart” if Congress allows the federal entitlement programs and the deficit spending they... Read more...