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US lurching towards 'debt explosion' with longterm interest
telegraph.co.uk — The US economy is lurching towards crisis with long-term interest rates on course to double, crippling the country’s ability to pay its debts and potentially plunging it into another recession, according to a study by the US’s own central bank More…
bigterguy
Court Approves Formation of New GM
gm-volt.com — Only 35 days after GM entered bankruptcy protection, a Manhattan judge issued a ruling allowing GM to sell its best assets to a government backed new company. The sale is expected to close by the end of the week, and the new GM will be free of debt, excess brands, and dealerships. More…
ljdmd-China says dollar to remain leading world currency
reuters.com — Chinese Vice Foreign Minister He Yafei said on Sunday the U.S. dollar would continue to be the world's leading reserve currency for years to come. "The U.S. dollar is still the most important and major reserve currency of the day, and we believe that that situation will continue for many years to come," He told a news briefing in Rome More…
gbudavid
badqat
ebindelglass
itc518
openthink
noupsell
surfster
With More Prisoners Comes a Tide of Troubled Children
nytimes.com — Recent studies indicate that having an incarcerated parent doubles the chance that a child will be at least temporarily homeless and measurably increases the likelihood of physically aggressive behavior, social isolation, depression and problems in school — all portending dimmer prospects in adulthood. More…
benb24
vigosshongAfter the death of a salesman, what happens to ad campaign?
dailyfinance.com — For some companies, the death of a salesman is a tough blow. Billy Mays' and Ed McMahon's deaths probably will have little effect on OxiClean and FreeCreditReport.com, but the demise of Wendy's founder Dave Thomas was devastating to the fast-food company. More…
AmyVernon
Redfroggy
How Do Prisons Deal With Overcrowding?
slate.com — Michigan Gov. Jennifer Granholm sent a letter to California Gov. Arnold Schwarzenegger Monday offering to take some prisoners from his overcrowded facilities. The California prison system is currently at twice its intended capacity. How do prisons deal with so much overcrowding? More…
leaprinces
thejokerswild82
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