U.S. seeks 10,000 additional troops from allies for Afghanistan

The United States of America is trying to persuade its NATO partners to commit 10,000 additional troops for Afghanistan as part of President Obama’s strategy for the region. President...

'Softcore' Europe

 The  European Union’s leaders yesterday has made a decision. They formally elected the first president of the EU and its ‘secretary of state’ too.Mr. Herman Van Rompuy, an unknown Christian...

Where are the consumers?

If the consumer credit party is over, is it possible for businesses to grow, and prosper? Not now, when consumers stop consuming, the economy stop growing.If consumers don't borrow, the consumer economy won't...

Obama & Clinton to face runoff in Nov Afghan President Election

Obama & Hillary Clinton to face runoff on Nov 7 in Afghanistan Presidential Election    James Carvel a well known Democrat Political strategist, very close to Clintons & Rahm Emanuel the WH Chief of Staff has won the 2nd round on behalf of...

Free Market Forces Will Create the Needed Jobs

Larry Summers (Director of the White House Economic Counsel) made his reputation as an employment theorist, he says: “I thought if you could have areas where there was long-term substantial unemployment, then...

Job Creation only achievable by Small Business

To be more precise on this subject: Large government deficits choke off the very investment that is needed to create jobs. Intervention by the government in doing well to many people, consequently -maybe...

Business investment is falling

"Still on the job, at half the pay," is a headline in The New York Times. It tells the story of an airline pilot whose position has been downgraded and whose pay has been cut in half. The fellow is now earning...

Government’s Cozy Intervention

Many think that Government’s intervention in the market is acceptable, but to how far and which manner? There is no doubt that intervention works, seen the news. Goldman Sachs and AIG are paying out bonuses...

Economic Cycle has Turned

During the great credit expansion of 1945-2007, businesses could anticipate, generally, rising earnings. People were buying more and more things on credit. In a national economy, businesses pay wages and then the...

Free Milk - Farmers On Strike

Those two epigraphs were written on signs at the European roadside. The story behind these signs has a depression-era like black and white film recollection, showing similar scenes at that time. Newsreels from the...

Fake Recovery through Cash for Clunkers

“US economic power is declining as a result of the financial crisis,” said the head of the World Bank Robert Zoellick. And continued saying: "One of the legacies of this crisis may be a recognition of changed...

Billions of Stimuli for Electric Cars a Fallacy

Electric cars already were developed about 100 years ago, and were abandoned because of the limitation of energy that could be stored. Again this time Electric Cars are dead on re-arrival - unless those have at...

Big crooks go for the billions

As economies age, more and more people 'stop productive working.' That is, they get some special privilege, some inside point of view, some conniving advantage. The latest numbers, for example, tell that almost...

Economy @ Pharaoh

It is the battle between the forces of inflation, envisioned by the feds and the forces of deflation that rein in the MarketBattles normally do have clear winners. One side is master of the field and the other...

Limited Enthusiasm for Electric Cars

News of greater-than-expected job cuts at Opel and general jitters about the state of the auto industry were felt at the recent Frankfurt Auto Show, Sept. 17 - Sept. 27. While the shape of the auto industry's...

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