The US 2009 budget gap widened to $1.42 trillion as the deepest recession since the 1930s crippled tax revenue
Peter Oberois
Oct. 17, 2009

The shortfall for the 12 months ended Sept. 30 was more than triple the $455 billion record set a year earlier, the Treasury Department said today in Washington.

The US 2009 budget gap widened to $1.42 trillion as the deepest recession since the 1930s crippled tax revenue.

The budget deficit has oushed gold into new price territory above $1000 per ounce. It is impacting on US Dollar badly. the dollar has 10% of its in a very short span of time.

The US 2009 budget gap widened to $1.42 trillion as the deepest recession since the 1930s crippled tax revenue
Peter Oberois
The shortfall for the 12 months ended Sept. 30 was more than triple the $455 billion record set a year earlier, the Treasury Department said today in Washington.
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Commodity inflation explodes but why is bond market looking do bullish?
Fred Day
Economic 101 needs to be rewritten. Next several years, perhaps decades will see deep depression in the economy with hyper commodity inflation. The means there will be rapid drop in standard of living, loss of jobs, and commodity inflation.
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Sri-Lankan born Raj Rajaratnam an example of corrupt American insider trading scams
Tania Harding
In 1997, Sri-Lankan born Raj Rajaratnam launched his hedge fund Galleon Technologies and said 'This is Raj...only the paranoid survive.' He may be just the tip of the ice berg of American insider trading.
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Obama praises Senate committee's health care vote : 'serve the national interest despite the unrelenting efforts of the special interests'
Special Correspondent
...And for decades, whenever we have tried to reform the system, the insurance companies have done everything in their considerable power to stop us: Obama
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The underemployment in the economy accelerates, the economic depression is imminent
Peter Oberois
How can the two go up together? One hates inflation and the other loves inflation. The answer lies in something that is seldom in seen in centuries. When financial systems collapse, inflation and deflation meets at the point of singularity.
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What did Obama learn from shameless behavior of AHIP?
Special Correspondent
The shameless tried to sabotage the Healthcare reform. Bigger question is – when will Obama learn to get rid of special interest in the skin of innocent sheep?
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American health insurance companies go on offensive to block Obama's Heath Plan - should Health Insurance Companies have the right to misinform the people? Should they be prosecuted for throwing kitchen sink at Health care reform?
Special Correspondent
PricewaterhouseCoopers analysis concluded in the special interest study commissioned by the insurance group - America's Health Insurance Plans. It is an example of shameful misinformation to block healthcare ligislation.
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Another sign of massive economic depression - U.S. job opportunities fall to the lowest level since the great depression
Peter Oberois
The number of job openings is the lowest since year 2000 and the underemployment makes it worst since the great depression.
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