The Beer Barrel

Foreign banks are flexing newfound muscle in Washington, spreading their money and influence while winning government business that’s off-limits to their politically toxic American cousins.

While Congress and President Barack Obama have been bashing big American banks as the cause of the nation’s economic troubles, foreign banks have been...

Let's hope so...

http://news.newamericamedia.org/news/view_article.html?article_id=7ac906f661765f514c1d240649f2646f

NEW YORK (CNNMoney.com) -- Think Greece and Spain are drowning in debt? Look a little closer to home. Seven U.S. cities recently had their municipal bonds downgraded below investment grade. Their debt is now junk, considered more worthless than that of the so-called PIIGS.

"America's short-term budget crises, long-term growth perspectives and...

another one nearby



"This can't be real" was my first thought. Then I checked the source: The Guatemalan government. This sinkhole appeared...