A U.S.-based company that has controversially laid claim to nearly all of the Arctic Ocean’s undersea oil said Thursday that new geological data suggests a “potentially vast” petroleum resource of 400 billion barrels.
As the election nears, the mainstream media, unable this time to make an issue out of Iraq, are focusing on the economy on behalf of the Democrats.
The U.S. Federal Reserve is examining the Nordic bank nationalizations of the 1990s as a possible interim solution to the US financial crisis.
“The current crisis is like putting together the worlds largest jigsaw puzzle and recognizing youve completed the borders and a lot of the interior patterns,” says bond guru Bill Gross.