bbc.co.uk | Will the US government default on its debt before Greece does? The fact that I can even pose the question tells you we live in peculiar times.
With its next tranche of money from the IMF-EU bail-out now assured, we can say with some confidence that the Greek government will not default ...
Reuters) - The rules of Treasury auctions may not sound like the stuff of high-stakes diplomacy. But a little-noticed 2009 change in how Washington sells its debt sheds new light on America's delicate balancing act with its biggest creditor, China.
When the Treasury Department revamped its rules fo...
Athens, Greece (CNN) -- Greek lawmakers Wednesday approved a package of austerity measures demanded by international lenders, despite protests outside Parliament as they were voting, in a move that should clear the way for an emergency loan to Athens.
Greek riot police fired round after round of te...
WASHINGTON (Reuters) - The International Monetary Fund on Wednesday pressed U.S. lawmakers to quickly lift the government's borrowing limit to avoid a "severe shock" to global markets and a still-fragile economic recovery.
In an annual review of the U.S. economy, the IMF said the key challenge for ...
Culture Buzz UPDATE: Parliament has passed the austerity measures, paving the way for financial assistance from the European Union and the International Monetary Fund which will hopefully stabilize not just the Greek economy, but the world economy. Unrest continues in the streets of Athens. Demonstr...
theeconomiccollapseblog.com | The U.S. health care system has become one gigantic money making scam, and you are about to see the statistics that prove it. Today, the United States spends more on health care per person than any other country in the world by far. The health insurance comp...
Reuters) - France offered a radical solution Monday for banks to roll over some Greek debt for 30 years as the Greek government fought for political support of its five-year austerity plan to avert bankruptcy.
With depositors fleeing Greek banks in growing numbers and financial markets watching anx...
Mitchell Cagle | Using basic economics from Argentina and other countries experiencing an economic collapse, we can understand that it is imminent to happen in the United States. The debt that has consumed this country in becoming a welfare state and the ratio between GDP and the national debt...
theeconomiccollapseblog.com | The U.S. economy is like a rubber band that is being pulled in several different directions at the same time. Everyone knows that at some point it is going to snap, but nobody is quite sure exactly when it is going to happen. Right now, the state of the econ...
endoftheamericandream.com | Imagine going to sleep one night and waking up many years later in a totally different world. In this futuristic world, literally everything you do is tightly monitored and controlled by control freak bureaucrats in the name of "sustainable development" and with the...
(SALEM, Ore.) - As the U.S. populace idles along in relative ignorance over the looming nuclear disaster in Nebraska, we turn our attention, quite naturally, to the agency in this nation that monitors and regulates these deadly energy sources, the Nuclear Regulatory Commission, or NRC.
Zerohedge.com | Gold is mixed today after last week’s 2.4% fall. The short term trend remains negative but medium and long fundamentals remain supportive as do the very challenging and risky macro, sovereign debt and currency environment. Physical buying remains strong at the $1500 level with premiu...
yahoonews | COMMENTARY | According to The New York Times, the FBI just raided a data center in Virginia and seized many of its servers, causing websites owned by "tens of clients" to go offline -- including those belonging to people who hadn't broken a law, and were not suspected of any crime.
It m...
Zerohedge.com | Last week's dramatic decision by the US administration to strongarm the IEA into releasing strategic petroleum reserves (of which the US would account for 30 million barrels, or half of the total), is nothing but yet another example of the hobbled and incredibly short-sighted thinkin...
Yahoo.com | An increasing number of Americans are worried about their retirement. In fact, a recent Gallup poll finds retirement is the top financial worry in this country. The poll found that 58% of adults are "very/moderately worried" about maintaining their current lifestyle after they stop worki...
thegatewaypundit.com | The US Senate voted down the DREAM Act in December. But, it doesn’t matter. Obama pushed the law through by executive order last week.
The Examiner reported:
On Friday, the Obama administration issued a memo announcing that federal immigration officials do not have to depo...
theeconomiccollapse.com | Is the U.S. economy improving? That is what Federal Reserve Chairman Ben Bernanke would have us believe. Bernanke declared today that the "recovery appears to be proceeding at a moderate pace" and that everything is going pretty much as planned. Sadly, the...
domasjefferson.com | Italy broke ranks with Nato yesterday and demanded an urgent halt to hostilities in Libya.
Franco Frattini, the foreign minister in Rome, called for an 'immediate suspension' of military operations to allow humanitarian aid to be brought to the wartorn country.
He also said mi...
arizonateaparty.ning.com | Yesterday the U.S. Supreme Court issued one of the best and most important decisions ever on federalism. The Court unanimously held that not just states but individuals have standing to challenge federal laws as violations of state sovereignty under the 10th Ame...
Telegraph.co.uk | Scientists have found they can create chimeric animals that have organs belonging to another species by injecting stem cells into the embryo of another species.
The researchers injected stem cells from rats into the embryos of mice that had been genetically altered so they cou...