..Economic and Social Crisis in America: Burglarious StimulusGo
To OriginalPaul Volker has recently said,
“Well, we’ve got a problem in governing in this country…, our
inability to deal with …
Continue reading " Economic and Social Crisis in America: Burglarious Stimulus "
AFP
March 2, 2010
The United States must embrace a blend of tax increases and spending cuts to rein in its deficit or face a potentially crippling debt crisis like the one in Greece, a top US lawmaker warned Monday.
“It is enough to look across the Atlantic at Greece’s extreme economic crisis …
Continue reading " House Majority Leader: Greek debt crisis ‘can happen here’ "
The long awaited ‘Black Report’ into Iceland’s economic crisis is set to be delayed once again due to the long responses received from implicated parties.
The report by the Althingi investigation committee will be delayed by a further two to three weeks while committee members go over the more than 500 pages of answers received from [...]
Continue reading " Althingi banking report delayed ‘one last time’ "
British currency is on the brink according to billionaire financier
Steve Watson
Infowars.net
Thursday, Feb 25th, 2010
Billionaire financier Jim Rogers has predicted that the British Pound could completely collapse within weeks, sending shockwaves throughout the global economy and heralding the beginning of a downturn that would make the recent economic crisis look tame …
Continue reading " Prominent Investor: Pound Could Collapse Within Weeks "
Shahien Nasiripour
Huffington Post
Tuesday, February 23, 2010
A top Federal Reserve official warned Monday that even as the economy starts to grow again, employers are likely to continue squeezing more productivity out of workers rather than start hiring new ones, thereby prolonging the economic crisis for the millions of …
Continue reading " Top Fed Official Warns Jobs Will Be Scarce As ‘Paradigm Shift’ Slows Hiring "
America, the land of inequalityGo To Original
New studies reveal that the social divide between rich and poor in the US has grown much starker in the current economic crisis, and that even before …
US youth unemployment soars Go To Original
Even prior to the current economic crisis, today’s young adults were on average poorer and more in debt than their parents. Since the economic meltdown b…
Peter Schiff
Campaign For Liberty
Saturday, January 16th, 2010
Watching the world’s leaders stumble their way through the economic crisis, it often feels as if political success and economic understanding are mutually exclusive. Even the Chinese, who over the past generation have engineered a dramatic turnaround from their Maoist economic nightmare, show a …
Campaign For Liberty
Tuesday , January 12th, 2010
On Monday, Congressman Paul was interviewed on Imus in the Morning concerning health care reform and government’s reaction to the economic crisis. Prior to the interview, Imus played one of Dr. Paul’s favorite songs, “Universal Soldier.”
Part 1:
Part 2:
Continue reading " Government Stimulus Just Props Up a Very Weak System "
“Iceland is without friends in this war, with the exception of the Faroe Islands,” says Eirikur Tomasson, Law Professor during an interview with Icelandic State television.
“In the ‘Cod Wars’ we could deal with possible sanctions from the British by selling our fish to Russia; and at that time the US had an army base [...]
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