US Senate OKs 1-Mo Emergency Extension Of Federal Government Funding LevelsBy Corey Boles, Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- Facing a midnight deadline, the U.S. Senate Wednesday approved an emergency one-month extension of current funding levels for the federal government. The extension is necessary because lawmakers have been unable to complete work on the 12-must [...]
By Stuart GeraldAmerica is coming unglued. The core of the population is living in poverty, soon to become severely undernourished, massively unemployed and homeless. 40 million Americans are now considered living in a state equal to an underdeveloped nation. (link here) Does the US census bureau accurately count; the homeless, unemployed, illegal immigrants, expired unemployment [...]
Strange days are upon the residents of many a suburban cul-de-sac. Once-tidy yards have become overgrown, as the houses they front have gone vacant. Signs of physical and social disorder are spreading. At Windy Ridge, a recently built starter-home development seven miles northwest of Charlotte, North Carolina, 81 of the community’s 132 small, vinyl-sided houses [...]
The US consumer is no longer all-powerful – and it’s time to ‘re-balance’ By Edward HelmoreFIRST POSTED SEPTEMBER 29, 2009 The post-G20 fall-out continues. Robert Zoellick (former Goldman Sachs Exec)president of the World Bank, warned yesterday that America’s days as an unchallenged economic superpower are numbered and that the dollar is likely to lose its [...]
Based on the supply and demand situation of silver, it’s only a question of time when a silver shortage will come. Nobody can predict exactly when this is going to happen, but we have more and more signs that those who control the price of silver are sweating to balance the supply. The biggest question [...]
AN African village is reportedly shellshocked after the birth of a bizarre faun-like creature said to have the combined features of a man and a goat. Bild reports the creature, which died just a few hours after birth in Lower Gweru, Zimbabwe, had a huge head and face which resembled a human, as well as [...]
While often wrong, Bernanke is right about the recession. It’s almost over. But a depression is about to replace it. There has been much discussion about this recovery, whether it will be a “U”, “V” or a “W” shaped recovery. The answer is none of the above. It is going to be “C -shaped” recovery, [...]
The Germantown woman was loading boxes of food from the Manna food bank into a shiny sport-utility vehicle one recent afternoon when she was approached by a donor dropping off food.“What group are you with?” the donor asked the woman, who promptly burst into tears. With her Toyota Sequoia and quilted Vera Bradley bag, she [...]
WASHINGTON — The president of the World Bank said on Monday that America’s days as an unchallenged economic superpower might be numbered and that the dollar was likely to lose its favored position as the euro and the Chinese renminbi assume bigger roles. “The United States would be mistaken to take for granted the dollar’s [...]