The G8 operates under the guise of real leadership, when really the summit has become nothing more than a glorified vacation for the world's most powerful leaders. But as we've seen in the past and present, power does not equal intelligence.
President Obama ordered treasury secretary Timothy Geithner Monday to take all legal action needed to stop the payment of nearly $165 million in bonuses handed out by AIG to its executives, according to IHT.
Santa Claus is feeling the sting from of the economic crisis and says if he does not get help from the the U.S. Government, Christmas, which accounts for about 25 percent of all retail spending, may not be able to survive.
While Americans hope President-elect Barack Obama can live up to almost two years of hype, citizens around the world are hoping some of that “change†spills out in their direction.
They debated, for the second time, their positions on the economy, health care and energy independence, as well as a host of other issues affecting Americans all over the country.