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A peaceful protest of the bank bailouts, M and T Bank's investments in defense, and the United States military empire ended with three arrests as the Niagara Frontier Transit Authority Police maced and beat Nate Buckley of Buffalo NY. Buckley was charged with incitement to riot and other crimes. There is video as well.

Those at the top seem to avoid justice unlike the average Joe is jailed for everything. There is something wrong in the US justice system?

In case you haven’t noticed, the world is on the verge of a horrific global food crisis. At some point, this crisis will affect you and your family. It may not be today, and it may not be tomorrow, but it is going to happen. Crazy weather and horrifying natural disasters have played havoc with agricultural production in many areas of the globe over the past couple of years. Meanwhile, the price of oil has begun to skyrocket. The entire global economy is predicated on the ability to use massive amounts of inexpensive oil to cheaply produce food and other goods and transport them over vast distances. Without cheap oil the whole game changes. Topsoil is being depleted at a staggering rate and key aquifers all over the world are being drained at an alarming pace. Global food prices are already at an all-time high and they continue to move up aggressively. So what is going to happen to our world when hundreds of millions more people cannot afford to feed themselves?

Researchers tested beef, chicken, turkey and pork products and found the STAF bacteria present in many of the products. This is not good because they are resistant to at least 3 antibiotics.

insightful, title says it all except century rather than decade would be more like it. Good explanation of why we have not yet but will soon see the long awaited hyperinflation.

It looks like the ponzi scheme on homeowners might finally get BOA and it shows in their earnings. It appears that all areas were profitable except for the mortgage business.

Bank of America Corp (BAC.N) posted a 37.5 percent decline in first-quarter earnings and named a new chief financial officer. The largest U.S. bank reported net income of $2.0 billion (1.2 billion pounds), or 17 cents per share, compared with $3.2 billion, or 28 cents per share ,in the same quarter a year ago. Analysts on average had forecast earnings of 27 cents a share, according to Thomson Reuters I/B/E/S. The bank lost $2.39 billion in its residential mortgage unit, compared with a $2.07 billion loss in the same quarter a year earlier. Revenue dropped and expenses increased in the business, which was a key source of difficulty for the bank during the quarter. The bank said Bruce Thompson, chief risk officer, will add the role of chief financial officer at the end of the second quarter. Chuck Noski, current CFO, will become vice chairman of Bank of America. The bank's shares were down 1.8 percent in premarket trade Friday.

Google's 1Q earnings are short due to the mass hiring which is cutting into expenses. They hired more marketing people. They expect this to help out long term.

"DETROIT -- In a move it called a "fiscally responsible" step, Detroit Public Schools said it had issued 5,714 layoff notices to members of the Detroit Federation of Teachers and 248 non-renewal notices to administrators."

The five BRICS nations took another step towards cementing their global influence on Thursday, calling for a broad-based international reserve currency system "providing stability and certainty". In a statement released at a summit on the southern island of Hainan, the leaders of Brazil, Russia, India, China and South Africa said the recent financial crisis had exposed the inadequacies and deficiencies of the current monetary order, which has the dollar as its linchpin. In another dig at the dollar, the development banks of the five BRICS nations agreed in principle to establish mutual credit lines denominated in their local currencies, not the U.S. currency.