Charles Munger, Warren Buffet's business partner, said that the U.S. economy will never bounce back because of the national debt and poor planning. Paul Craig Roberts has been saying "it's over" for a while, he agrees that the United States is a failed state/economy/empire, etc.
John Stossel's new show on Fox Business every Thursday at 8pm EST / 5PM PST! Here he previews this week's episode on how the federal government kills people by limiting (or preventing) their access to the medicines they need. In essence, they "protect" us to death.
Feb. 24 (Bloomberg) -- Bloomberg's Jason Harris reports on protests in Spain against government plans to raise the retirement age. Andrea Catherwood also speaks.
Hoskins said he’s been in a struggle with RiverHills Bank over his Clermont County home for nearly a decade, a struggle that was coming to an end as the bank began foreclosure proceedings on his $350,000 home.
“When I see I owe $160,000 on a home valued at $350,000, and someone decides they want to take it – no, I wasn’t going to stand for that, so I took it down,” Hoskins said.
Amongst the PIIGS countries , Italy and not Greece represents the biggest threat to the stability of the Euro says Nobel laureate Robert Mundell Feb. 17 (Bloomberg) -- Nobel laureate Robert Mundell's comments on the euro. Italy is the biggest threat and what to do about Greece.
A software engineer furious with the Internal Revenue Service plowed his small plane into an office building housing nearly 200 federal tax employees after setting his home on fire Thursday, officials said. (Feb. 18)
Feb. 17 (Bloomberg) -- Kenneth Pollack, director of the Saban Center for Middle East Policy at the Brookings Institution, talks with Bloomberg's Margaret Brennan about U.S. efforts to thwart Iran's nuclear program. Secretary of State Hillary Clinton said in Qatar on Feb. 15 that Iran is turning into "a military dictatorship" as she pushed to rally regional support for sanctions aimed at reining in the Persian Gulf nation's nuclear projects. The comments led Iranian Supreme Leader Ayatollah Ali Khameni to accuse Clinton of spreading "lies." (Source: Bloomberg)
U.S. Secretary of State Hillary Rodham Clinton said Monday that Iran is becoming a military dictatorship, a new U.S. accusation in the midst of rising tensions with Iran over its nuclear ambitions and crack down on anti-government protesters. (Feb. 15)
Three years after President Felipe Calderon launched an all-out nationwide war against drug cartels in Mexico, narcotics-related violence is still on the rise in the city of Ciudad Juarez.
Although around 10,000 troops have been deployed in the city, on average 10 people are killed each day there. According to the El Universal newspaper, last year more than one-third of Mexico's murders were in Juarez.
Al Jazeera's Mariana Sanchez reports that residents of the city now known as Mexico's new "murder capital" are putting pressure on politicians to act against a business that earns yearly revenues of $20bn.
That's a sum of money more than enough to buy the loyalties of police and judges.
Critics say that one of the biggest problems in Juarez is that attackers act with immunity. In the last two years more than 4,000 people have been killed and only 300 cases resolved.
Knowing that, many attackers just shoot and kill without any fear of getting caught.
Michael Savage the conservative radio talk show host calls Sarah Palin The Dolly Parton in her early days Michael Savage : Sarah Palin President ? Are you People Nutts ! says Michael Savage , although she has her heart in the right place and she says the right things but she does not qualify according to the controversial radio host Michael Savage
"IN THE PAPERS - How can a Western democracy, the symbol of liberty throughout the entire world, dictate to its inhabitants the degree to which they can dress, asks Sefi Hendler in todays Haaretz. Also today: New York Times: Europe Miffed at Obamas Decision to Skip Summit! The Independent: Israeli commander says We rewrote the rules of war for Gaza China Daily: Young Net addicts on the rise"
Mid-Atlantic residents were buried Saturday from a likely record-setting blizzard the president jokingly called "Snowmageddon," and those brave enough tried to clear a path through the wet, heavy mounds of thigh-high snow. (Feb. 6)
New Yorks attorney general filed fraud charges against Bank of America, its former CEO Ken Lewis and CFO Joseph Price alleging that they conspired to mislead shareholders and federal regulators about the decrepit state of Merrill Lynch before Bank of America acquired the bank in the fall of 2008. Immediately after the acquisition, Bank of America suddenly unveiled something approaching the true condition of Merrill, which necessitated a $20 billion bailout by taxpayers.
Tehran has successfully launched a probe into space - with two turtles, a hamster and a worm on board.
Iran also plans to unveil three new satellites on Wednesday - all part its ambitious independent space programme - which coincides with celebrations of the country's 31st Islamic revolution anniversary.
The development is a great concern to the US who fears that the country's nuclear programme is at a threateningly advanced stage.