48% See Gov't Threat to Individual Rights

Nearly half of American Adults see the government today as a threat to individual rights..

Wall Street looks to Fed this week

The market, still hovering at decade lows, has yet to show any sign of a traditional year-end rally. And the next few days it will face a number of tests that could determine if investors are able to get past all the negative economic news to end the year on a bright note....

Read moreWall Street looks to Fed, auto bailout this week


Source: kansas city news

Was the CIA wrong (again)?

A year has passed since the release of the 2007 National Intelligence Estimate on Iran.

In a stunning departure from all the previous estimates dating back to 1997 under Presidents Clinton and Bush, it declared: "We judge with high confidence that in fall 2003, Tehran halted its nuclear weapons program."

Read more Was the CIA wrong?


Source: international herald tribune

U.S. Bailout Shift Raises New Concerns

The government originally planned to restore credit flows by buying mortgage assets compromised by defaults, but Treasury Secretary Henry Paulson said on Wednesday the plan would focus instead on recapitalizing financial institutions and supporting consumer credit....

Read more U.S. shift on financial bailout raises new concerns


Source: reuters

More Families Struggling To Make Ends Meet

After three weeks of searching Davis, the former plumber, found work as a meat cutter at a large grocery store. Problem is, the position pays only $7 per hour at first, compared to his previous $25...

Read more More families struggling to make ends meet


Source: msnbc

UPDATE: Don't Blame Us, Say Brokers

"Everybody believed that house prices would just keep rising. We, and everyone else, had unprecedented confidence that it was a golden age of finance. We thought we had solved everything - no more recessions, no more inflation."

Read more Don't Blame Us, Say Brokers


Source: guardian news & media

U.S. Headed For Worse Recession In 25 Years

U.S. economy may be heading for worst recession in at least 25 years...

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The $200 billion government takeover of Freddie Mac and Fannie Mae

The $200 billion government takeover of Freddie Mac and Fannie Mae is intended to keep the economy from collapse, Thalia Assuras reports. Harry Smith talks to U.S. Treasury Secretary Henry Paulson.


Source: cbs news