BEATRICE, Nebraska - July 25, 2010 - Give away land to make money? It hardly sounds like a prudent scheme. But in a bit of déjà vu, that is exactly what this small Nebraska city aims to do.

WASHINGTON (PNN) - July 24, 2010 - The federal budget deficit, which hit a record $1.4 trillion last year, will exceed that figure this year and again in 2011, the White House predicted Friday, providing fresh ammunition to Republicans who are hammering illegitimate President Obama for all the red ink as they campaign to regain control of Congress in November.

WASHINGTON - July 23, 2010 - U.S. bank failures reached 103 so far in 2010 on Friday as regulators seized seven small banks, a faster pace of closures than last year when the century mark was not reached until October.

Bank failures are expected to peak this quarter, with the industry slowly recovering from large portfolios of bad loans, many tied to commercial real estate.

NEWARK, New Jersey - July 22, 2010 - Things are getting so bad in Newark that the mayor has ordered the government to stop buying toilet paper.

It's part of Newark Mayor Cory Booker's belt-tightening plans that include reducing most city workers to a 4-day work week and shuttering city pools. Booker estimates that the pool closures alone would save $250,000. He also says that no gas will be purchased for municipal vehicles that are not deemed critically important.

WASHINGTON (PNN) - July 22, 2010 – The propagandists’ claims that we are in an economic recovery are weakening in the face of falling home sales and rising claims for unemployment benefits, new data showed Thursday.

Sales of previously occupied homes fell 5.1% in June to a seasonally adjusted annual rate of 5.37 million, the National Association of Realtors said.

NEW YORK (PNN) - July 21, 2010 - Those already outraged by the illegitimate president's bogus health care legislation now have a new bone of contention - a scarcely noticed tack-on provision to the law that puts gold coin buyers and sellers under closer government scrutiny.

The issue is rising to the fore just as gold coin dealers are attracting attention over sales tactics.

NEW YORK (PNN) - July 21, 2010 - Federal Reserve chairman Ben Bernanke warned the outlook for the U.S. economy was "unusually uncertain" Wednesday but said the central bank could step in to bolster a faltering recovery.

Bernanke told U.S. lawmakers the world's largest economy would see only "moderate growth, a gradual decline in the unemployment rate, and subdued inflation over the next several years."