Archive for October 7th, 2012

Monty Pelerin Economicnoise.com Oct 7, 2012 Americans for Tax Reform provide a listing of the tax hikes included in ObamaCare. Send this on to your liberal friends so that they will see the damage that this bill will create: Full List of Obamacare Tax Hikes Obamacare law contains 20 new or higher taxes on... »

by Tyler Durden ZeroHedge.com 10/07/2012 It will, or should, come as no surprise that as a result of the Great Financial Crisis, just as in real life, so in D.C., the wealthiest politicians have gotten wealthier: in fact at least 72 politicos have doubled their wealth in the past 5 years. It will, or... »

DEBKAfile October 7, 2012 However Israeli official spokesmen present the incident of Saturday, Oct. 6, the penetration of Israeli air space by a large unmanned helicopter should not have been allowed to happen. The surprise interloper should have been shot down before spending nearly half an hour over southern Israel. The incident showed ID... »

by Tyler Durden ZeroHedge.com 10/07/2012 The Syrian-Turkish artillery exchanges are becoming a nearly daily tradition: first on Wednesday, when NATO member countries had to be woken up late at night at the request of Turkey to opine on whether Syria had breached Article 4 (leading to a lot fo harsh language by Hillary Clinton),... »

In late 2009, the UK crawled out of recession – defined as at least two successive quarters in which the economy is contracting. By Liam Halligan TelegraphUK 06 Oct 2012 Last October, though, we fell back into recession again. Official GDP numbers confirm that, since then, the British economy kept shrinking at least until... »

Greece cannot have more time to repay its debt to the European Central Bank because it would be illegal and “illogical”, board member Joerg Asmussen has said, as he shut the door on pleas for leniency from the bank. By Szu Ping Chan TelegraphUK 07 Oct 2012 Mr Asmussen said that the ECB could... »

Desperate Spaniards are fleeing in their thousands to set up new lives in Argentina, preferring rampant inflation to the prospect of searching for a job in a country with the highest unemployment rate in the industrialised world. By Szu Ping Chan TelegraphUK 07 Oct 2012 Official figures show that more than 65,000 Spaniards have... »

by Alexander Higgins AlexanderHiggins.com October 6, 2012 Spain’s police state has spiraled out of control as riot police are now running throughout the streets beating everyone in sight, men and woman, young and old. When the people demand democracy from an oligarchy that rules their subjects trough the strong-arm of a totalitarian police state... »

Investmentwatchblog.com October 7th, 2012 Economist Caution: Prepare For ‘Massive Wealth Destruction’ Take immediate steps to protect your wealth . . . NOW! That’s exactly what many well-respected economists, billionaires, and noted authors are telling you to do — experts such as Marc Faber, Peter Schiff, Donald Trump, and Robert Wiedemer. According to them, we... »

TheEconomicCollapseBlog.com A devastating economic depression is rapidly spreading across the largest economy in the world. Unemployment is skyrocketing, money is being pulled out of the banks at an astounding rate, bad debts are everywhere and economic activity is slowing down month after month. So who am I talking about? Not the United States –... »