By Steve Forbes (Forbes Magazine) |We are experiencing the devastating consequences of a chain of major economic policy errors, which, to use a current cliché, created the perfect storm. These government blunders temporarily paralyzed the global credit system and are now sending the U.S. and Europe...

By Stephen Labaton (International Herald Tribune) |  WASHINGTON: The U.S. Securities and Exchange Commission, a once-proud agency with an impressive history as the top cop on Wall Street, finds itself increasingly conducting autopsies of leading financial institutions after failing, in the first instance,...

AFP (BREITBART.COM) | Britain is considering joining the eurozone as a direct consequence of global financial turmoil, European Commission President Jose Manuel Barroso said Sunday. “We are now closer than ever before. I’m not going to break the confidentiality of certain conversations,...

By Juliet Williams - Associated Press Writer | SACRAMENTO, Calif. (AP) - Gov. Arnold Schwarzenegger declared a fiscal emergency Monday and called lawmakers into a special session to address California’s $11.2 billion deficit. The state’s revenue gap is expected to hit $28 billion over the...

AFP, (BREITBART.COM) | Federal Reserve chairman Ben Bernanke said Monday the current economic situation bears “no comparison” to the much deeper crisis of the 1930s Great Depression. “Well, you hear a lot of loose talk, but let me just … say, as a scholar of the Great Depression...

TODAY staff | Jim Bob and Michelle reveal secrets to managing more and more with less.  Readers have a lot of questions about how Jim Bob and Michelle Duggar manage to raise their 17 kids without going broke. Here, the busy couple fields questions about living debt-free, preparing for grandkids and...

By VOA News | A new U.S. intelligence report predicts that by 2025, China and India could join the United States as top powers in a multipolar global order. The National Intelligence Council’s “Global Trends 2025″ report released Thursday, says the U.S. will become less dominant in...

By Matt Drudge (DrudgeReport.com) - A leading Russian political analyst has said the economic turmoil in the United States has confirmed his long-held view that the country is heading for collapse, and will divide into separate parts. Professor Igor Panarin said in an interview with the respected daily...

By Mitt Romney (Boston)-The New York Times | IF General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won’t go overnight, but its demise will be virtually guaranteed. Without that bailout, Detroit...

AFP | Iranian leaders say the world financial crisis indicates the end of capitalism, the failure of liberal democracy and divine punishment — marking the superiority of the Islamic republic’s political model. “The school of Marxism has collapsed and the sound of the West’s cracking...