CIT Troubles Could Hurt; Widespread Impact Uncertain

This looks like bad news, could this be what started the run on the banks back in the 30 s, only time will tell who is right, American People or the Government.
Americans can solve the problem faster by having jobs and producing money, but no the Government thinks they can produce jobs by exporting jobs, people have to work to produce, no production ( or jobs ) no one buys, no one buys, economy keeps going down.
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Reuters:   Monday, July 13, 2009

NEW YORK–Financial difficulties at commercial lender CIT Group Inc (CIT) could hurt small businesses that depend …

Bid to Clip Fed’s Wings Gains Support in Congress

Like I say I also go back so no one will for gets what we up against from this Government.

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Reuters: Thursday, July 09, 2009

WASHINGTON–A proposal from a long-time congressional foe of the Federal Reserve that could give lawmakers sway over monetary policy has won the support of a majority in the House of Representatives, alarming officials at the U.S. central bank.

The Federal Reserve Transparency Act of 2009, put forward by Republican Representative Ron Paul of Texas, now …

Identity Thieves Target Job Seekers

Business Week Online:  7/13/09   By Rachael King

Never mind landing the job. Now people on the lookout for employment have another cause for worry: identity theft. As the joblessness rate soars, scammers are ginning up fake Web sites or posing as recruiters to trick job seekers into giving up sensitive personal information.

Never mind landing the job. Now people on the lookout for employment have another cause for worry: identity theft. As the joblessness …