Kenneth FeinbergKenneth Feinberg, the Obama administration’s “pay czar,” is expected to announce a plan next week that will slash the annual salaries of top executives at the seven largest companies that received federal bailouts.

The government has announced that Social Security recipients will not receive a cost-of-living adjustment, or COLA, in 2010. This is because the COLA is tied to price inflation, which according to the government has been negative so far in 2009.

Over 80 percent of the economists surveyed by the National Association for Business Economics believe that America’s worst recession since the Great Depression has come to an end and a slow recovery has begun.

goldEarly on October 8, BBC News reported that gold had hit $1,058 per ounce, marking the third consecutive day of all-time-high prices.

dollarA report published Tuesday by a British newspaper sent shockwaves across the world. The Independent story, entitled "The demise of the dollar," claimed that several key governments around the world were conspiring in secret meetings to stop trading oil in U.S. federal reserve notes.

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