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The Greek Catastrophe: “Economic Progress” Built on Rotten Political FoundationsThree Generations of Greek WorkersBy Prof. James PetrasGlobal Research, March 03, 2013Region: Europe 18 10 9 110Introduction As Greece enters the sixth year of Europe ’s worst economic depression, with 30% of its labor force unemployed and over 52% of its youth jobless, the entire social fabr..

Austerity has hit the United States as President Barack Obama signed into law a directive ushering in significant cuts to federal agencies’ budgets and triggering the sequester that has been debated in Washington during the last several weeks. In the White House on Friday, President Obamainked his name to the order, and with it signed off on automatic budget cuts that the co..

U.S. Naval Research Laboratory research physicists and engineers from the Plasma Physics Division, working at the High-frequency Active Auroral Research Program (HAARP) transmitter facility, Gakona, Alaska, successfully produced a sustained high density plasma cloud in Earth’s upper atmosphere. “Previous artificial plasma density clouds have lifetimes of only ten minutes o..

‘Italy may abandon euro if debt not renegotiated’ - politics kingmaker GrilloPublished time: March 02, 2013 23:31Beppe Grillo (Reuters / Giorgio Perottino)Tags Currencies, EU, Economy, ElectionThe economic crisis may see Italy abandoning euro and returning to lira, says comedian-turned-politician, Beppe Grillo, who’s anti-establishment Five Star Movement became a major p..

야바위 수준의 사기들이 벌어지고 있습니다. 예산 강제 삭감에 국가 재정이 파탄날 듯 호들갑을 떨면서 실제로는 2월 28일 단 하루만에 10월 1일까지 지출 삭감을 하여야 하는 850억 달러와 거의 같은 규모인 8백억 달러 부채를 발행했습니다. 긴축에 대한 미 정부의 의지는 전혀 없습니다. ..

Economic collapse still underway as Federal Reserve’s QE programs show diminished returnsMarch 1, 2013 By Andrew Moran Leave a CommentFederal Reserve Chairman Ben Bernanke delivered his semiannual two-day testimony to the Congress this week. His prepared remarks and question and answer period with Congressional and Senate representatives confirmed what most of his critics kn..

Economic collapse still underway as Federal Reserve’s QE programs show diminished returnsMarch 1, 2013 By Andrew Moran Leave a CommentFederal Reserve Chairman Ben Bernanke delivered his semiannual two-day testimony to the Congress this week. His prepared remarks and question and answer period with Congressional and Senate representatives confirmed what most of his critics kn..

Eurozone unemployment hits record-high 11.9%Published time: March 01, 2013 21:10Unemployed workers wait outside a government job centre in Madrid. (AFP Photo / Dani Pozo)Trends Eurozone crisisTags Budget, Crisis, EU, Economy,Employment, Finance, Government SpendingUnemployment has hit unprecedented levels across Europe, with youth joblessness particularly high, according to a ..

Why and How American Taxpayers Should Care About U.S. Foreign Aid DistributionPutting Your Mouth Where Your Money Isby Fodei BattyMarch 2, 2013“Your tax dollars at work?” (Photo courtesy of the author) What you don’t know hurts you Ask most American taxpayers about Togo or Turkmenistan and chances are they have never heard of the two countries. Nevertheless, ubiquitous ..