Currency Debasement in the Roman Empire

We thought we would dig out the data to update Bloomberg’s calculation of November 2008 that totaled the bank bailouts at $8.5 trillion.

Here is our list of additional commitments:

I. $750 Billi…

“Deja Vu View” is our title to revive things we have written in the past that are worth revisiting given current events.

The federal government having to assume another $5 trillion in liabilities fo…

The Group of Seven central bankers pose for a group photo in front of the U.S. Treasury in Washington

By Toru Fujioka

Group of Seven nations sought to head off a collapse in investor confidence aft…

by Dennis Cauchon

Benefits, such as Social Security, food stamps, unemployment insurance and health care, accounted for 16.2% of personal income in the first quarter of 2009, the Bureau of Economic A…

By Jackie Calmes

President Obama and Congress are ending the year as they began it, at work on an economic stimulus package of tax cuts and spending, with the latest effort likely to raise the tota…