Archive for October 7th, 2009

WND — Cambridge cancels Savage debate, British society cites ‘legal issues’ just days before event

Wednesday, October 7th, 2009

Just one week before Michael Savage was scheduled to debate via video link at the Cambridge Union in England, the co-presidents of the two-century-old society informed the top-rated radio host they have canceled the event.

Financial Times — Investors cling to gold as prices surge

Wednesday, October 7th, 2009

Gold prices continued to surge on Wednesday, hitting a fresh record close to $1,050 a troy ounce as investors bet that trading momentum would push the precious metal still higher.

CBO: Budget deficit hit record $1.4B in 2009

Wednesday, October 7th, 2009

WASHINGTON (AP) — Congressional analysts say the federal budget deficit tripled to a record $1.4 trillion for the 2009 fiscal year that ended last week.

Financial Times — Obama under fire over falling dollar

Wednesday, October 7th, 2009

The sharp fall in the US dollar is giving ammunition to the critics of the Obama administration and fuelling broader concerns about the erosion of America’s reserve currency status.