New World Outrage: Have We Not Learned Anything From WWl & WWll

I just do not understand how a government body or a nation could even contemplate a system of tracking such as the program about to become in effect in the Netherlands.  The outrage in question is that...

Zagat Airline Survey Results, Air Travel Down by 33%

The Zagat Ariline Survey shows that airline travel is down, way down, by 33%The Zagat survey of more than 5,000 frequent fliers, who collectively took 97,600 flights last year, says that 33% of respondents were...

A money system that would work for Americans.

These are instructions for reforming the United States money system.   It took a few years of research, as a hobbyist, to come up with this basic idea.   I am inspired from the proposed bill by Dennis Kucinich at http://monetary.org . 1.  Convert all...

Wall Street Journal Supports Break-Up Of Big Banks

Wall Street Journal Supports Break-Up Of Big BanksAdd the Wall Street Journal editorial board --  to the growing ranks of those calling for a restoration of barriers between commercial and investment banking. \The editorial heavily criticized Democratic proposals to...

SocGen: Prepare Yourself For The Worst Case Scenario!

" Yesterday, it was reported that analysts at SocGen had sent out a guide on what to do if the world goes completely to hell. Well, the full report has surfaced, via ZeroHedge, and it's very, very fun if you like doom and gloom. Basically, they're extremely concerned about...

Flight Delays: FAA Claims Computer Glitch Causing Airport Delays

The Federal Aviation Administration (FAA) claims a computer glitch was causing serious fllight delays earlier this morning. According to FAA spokesperson, Paul Takemoto, the issue started between 5:15 and 5:30 a.m....

Worst Is Yet To Come For Insurance Companies

" Worst Is Yet To Come For Insurance Companies Fitch is warning Insurers Face $23 Billion Loss on Commercial Property. "U.S. life insurers, a group led by MetLife Inc. and Prudential Financial Inc., may lose as much as $22.6 billion on investments in commercial real...

AP Layoffs Underway: Cutting Payroll by 10% As Planned

AP layoffs are apparently underway. Various sources have confirmed that the Associated Press is cutting staffs today, as the news cooperative said it would do. Gawker reported that at least 80 jobs will be cut. Paul Colford, director of media relations of AP, declined to...

Re-education on Capitalism

“The only certain fact about Russian affairs under the Soviet regime with regard to which all people agree is: that the standard of living of the Russian masses is much lower than [...] the paragon of capitalism,...

Ben Bernanke, US Economy "Back From The Brink," But Not Jobs

Ben Bernanke, the Chair of the U.S. Federal Reserve says the U.S. Economy is "back from the brink" but strong "headwinds" remain that could stall or slow down recovery in 2010. Bernanke, speaking at the Economic Club of New York. says those  "headwinds," include...

Ben Bernanke, Federal Reserve Chair, Transcript of Speech, 11/16

Chairman Ben S. Bernanke At the Economic Club of New York, New York, New York November 16, 2009 On the Outlook for the Economy and Policy When I last spoke at the Economic Club of New York a little more than a year ago, the...

The worst is yet to come: Unemployed Americans should hunker down

Nouriel Roubini, writing in the New York Daily News , said on Sunday that “unemployed Americans should hunker down for more job losses” given the likelihood of a job less recovery. This was as gloomy a piece as I have seen from Roubini in the past few months.

The Value of One Dollar

What is left of the value of a One Dollar bill? •    Never has there been such a globally important currency as the US Dollar with so much political and financial manipulation. The question arises...

Protesters Plan Huge Anti-Goldman Rally In Washington, DC

Washington, DC—On Monday, SEIU President Andy Stern and hundreds of taxpayers will converge on the Washington headquarters of Goldman Sachs to demand  to multi million dollar bonuses and the Too Big To Fail Doctrine and call for immediate Congressional action on real...

Warren buffets Portfolio

I never click on advertisements normally but today one was really that attractive and allowed me access to Warren Buffets share portfolio. "Warren Buffett - Berkshire Hathaway" This guy knows how to create...

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