Latest News

• Max Keiser on “Financial Apartheid,” Plus a German Takeover in Europe?November 19, 2011, 3:59 pm

  Max Keiser was on Russia Today yesterday and talked about a variety of issues including financial repression and the reported German takeover of failing euro economies. When asked about financial repression and how it’s used as a weapon against savers, Keiser compared it to Jim Crow laws which were state and local laws enacted between [...]

• IHS Research Firm Reports the Amazon Kindle Fire is Losing Money at $199November 19, 2011, 11:00 am

  The Amazon Kindle Fire which has started shipping this week for $199 per unit. Independent research agency IHS announced that at $199 Amazon is taking a loss on the Kindle Fire which it says cost $201.70 to make. The estimates by IHS includes the cost of all components and assembly but does not include research [...]

• Roche Group Member Genentech Sees Cancer Drug Avastain Stripped of FDA approvalNovember 19, 2011, 10:58 am

  FDA announced Friday that the cancer treatment drug Avastin is no longer approved for use. Avastain which was initially approved for use in 2008 has been scrutinized by the FDA in recent years as to the drugs effectiveness. In 2008 Avastain had shown strong promise by delaying tumor growth in some patients especially female patients [...]