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ObamaWhen ABC News asked if the "jobs summit" would make real progress or would just be "simply a glorified public-relations stunt," it studiously avoided asking the real question: How can the prime movers that created the current economic "Great Recession" be expected to fix it?

The United Nations summit on global warming in Copenhagen is less than a week away, and UN agencies are trying to pre-set the dials with calls for massive funding of various UN projects and programs. Speaking at a conference in Nairobi, Kenya, UN Development Program (UNDP) administrator Helen Clark said the developed nations need to provide between $75 billion and $100 billion a year to help poor nations cope with climate change.


Gold barsThe weakening dollar propelled gold prices in American markets almost to $1,200 an ounce Tuesday morning, Reuters reported. U.S. gold futures for February delivery hit a new record of $1,200.50 an ounce before falling back. Investors are buying the precious metal as an alternative asset.


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