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How the Media Blinds Americans to the Reality of the U.S.’s Dire Fiscal SituationThe Mythical "Age of Spending Cuts"Jeremy R. HammondFebruary 16, 2013The media are completely out of touch with reality and consistently misinform readers about the dire situation the U.S. is in when it comes to fiscal responsibility. The New York Times this weekcomments, under the title “In A..

Euro zone economy posts worst contraction since 2009By Andre Damon 15 February 2013The economy of the 17-member euro zone contracted 0.6 percent in the last three months of 2012, while that of Japan shrank 0.1 percent, officials said Thursday, underscoring the depth of the economic slump gripping the world economy. The euro zone and Japan are only the latest large economies to..

Los Angeles seeking sales tax hike to pay for raises for city employeesFebruary 15, 2013 By Andrew Moran 2 CommentsAt a time when the city of Los Angeles faces an overwhelming $1 billion budget deficit, Mayor Antonio Villaraigosa is seeking to impose a sales tax that would help pay for raises for the city’s employees, according to a report from the Los Angeles Times. The emp..

Ron Paul: Trade War & Economic Collapse Coming silverdoctors.comFebruary 14, 2013 Ron Paul was on Bloomberg’s Lunch Money discussing the developing currency wars. Paul states that the currency wars have been ongoing for decades, but they are now gearing up, but that government’s always compete to devalue their fiat currencies. Paul informs the Bloomberg host that the loss ..

Another American Fighting with Al Qaeda TerroristsPosted on February 14, 2013by Womens Rights AdvocateThis is one of the sections that appears also participated in many battles Another American Appears in Syria Fighting Alongside the ” FSA ” Free Army http://friendsofsyria.wordpress.com/2013/02/14/another-american-fighting-with-al-qaeda-terrorists/

Federal Reserve Vice-Chair admits unemployment rate higher than official figuresFebruary 14, 2013 By Andrew Moran Leave a CommentSpeaking at the “A Trans-Atlantic Agenda for Shared Prosperity” conference sponsored by the AFL-CIO, Friedrich Ebert Stiftung and the IMK Macroeconomic Policy Institute in Washington on Monday, Federal Reserve Vice-Chair Janet Yellen admitted in ..

외환시장 달러 비중 1952년의 90%에서 현재 15%로 떨어져… 양적완화·글로벌 환율전쟁에 기축통화 지위 흔들 전 세계 외환보유고에서 달러의 비중이 줄면서 기축통화 지위를 잃을 수 있다는 우려가 커지고 있다고 CNBC가 14일(현지시간) 보도했다. 국제통화기금(IMF)에 따르면 전 세계 중앙은..

선진국 공격적 돈풀기… 후진국 경제에 큰 타격 미국·일본도 인플레 후유증 예고 G20회의도 갈등만 커질 듯 미국이 불을 붙이고 일본이 퍼뜨린 글로벌 검색하기" href="http://search.daum.net/search?w=tot&rtupcoll=NNS&q=%ED%99%98%EC%9C%A8%EC%A0%84%EC%9F%81&nil_profile=newskwd&nil_id=v20130213183720859" target=..

With economic indicators heading south again, President Obama should be thinking big and using his momentum to “flood the zone” during his State of the Union address tonight. He should outline a New Deal-type stimulus package that will help the US economy out of the doldrums and he should get tough on the banksters that put us here. The real issue underlying the 2008 econo..

President Obama calls for $9 minimum wage in times of economic collapseFebruary 13, 2013 By Andrew Moran Leave a CommentDelivering the State of the Union address Tuesday night in Washington, President Barack Obama espoused a large number of dreams he would like to see in the United States, but the question of if they’re obtainable or even realistic is debatable. One of his i..