Archive for May 6th, 2010

“Greece is but a footnote, the main event is about to unfold.”

Thursday, May 6th, 2010

Death, er… Debt Spirals; Blow Out and BLOW UP, The Sovereign Policies of Insolvency By: Ty Andros Market Oracle May 06, 2010 As the currency and financial systems of the developed world’s social-welfare-states head towards their doom, the battles between King Kong (Mother Nature and Darwin) versus Godzilla (public servants and banksters) continue. After... »

Posted in Economics, New World Order | 2 Comments »

After Gulf Coast oil spill, scientists envision devastation for region

Thursday, May 6th, 2010

By Joel Achenbach Washington Post.com The urgent question along the polluted Gulf of Mexico: How bad will this get? No one knows, but with each day that the leaking oil well a mile below the surface remains uncapped, scientists and energy industry observers are imagining outcomes that range from bad to worse to worst,... »

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President of Greece says his nation on the brink of an ‘abyss’

Thursday, May 6th, 2010

By ■ Joan Firstenberg DigitalJournal.com Athens – The angry protests in Greece are gaining momentum. Three people, two women and one man, were killed today when a gas bomb was thrown into a bank. Greek President Karolos Papoulias warned his people today, that the protests over the planned austerity measures must stop because the... »

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The Mother of All Bubbles-Huge National Debts Could Push Euro Zone into Bankruptcy

Thursday, May 6th, 2010

DerSpiegel.de Greece is only the beginning. The world’s leading economies have long lived beyond their means, and the financial crisis caused government debt to swell dramatically. Now the bill is coming due, but not all countries will be able to pay it. By SPIEGEL staff. Savvas Robolis is one of Greece’s most distinguished economics... »

Posted in Economics, Government Evil, New World Order | No Comments »

Government debt explosion hits turning point

Thursday, May 6th, 2010

Government debt explosion hits turning point with forecast for drop of 18 percent this year Martin Crutsinger FinanceYahoo.com WASHINGTON (AP) — The government’s explosive borrowing has hit a turning point: It’s expected to drop 18 percent this year after last year’s record high. The brighter picture is due to higher tax revenue and less... »

Posted in Civil War II, Economics, Government Evil | No Comments »

City of Fresno Declares Fiscal Emergency

Thursday, May 6th, 2010

Tommy Tran ABCLocal.com FRESNO, Calif. (KFSN) — The city of Fresno is facing a $30.6 million budget shortfall and the mayor announced she wants to cut hundreds of city jobs. Mayor Ashley Swearengin says 225 jobs will be eliminated and 81 vacancies will go unfilled. It means roughly one out of every 12 city... »

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Ny Gov.Paterson Offers Choice: Furloughs or Shutdown

Thursday, May 6th, 2010

By NICHOLAS CONFESSORE NYTimes.com ALBANY — Gov. David A. Paterson escalated his battle with the Legislature over the state’s financial crisis on Tuesday, saying that lawmakers could give him the authority to furlough more than 100,000 state employees or face the prospect of shutting down New York’s government. Though Mr. Paterson is calling for... »

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Students Kicked Off Campus for Wearing American Flag Tees

Thursday, May 6th, 2010

By George Kiriyama MSNBC.com 5-6-10 On any other day at Live Oak High School in Morgan Hill, Daniel Galli and his four friends would not even be noticed for wearing T-shirts with the American flag. But Cinco de Mayo is not any typical day especially on a campus with a large Mexican American student... »

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Rep. Andre Carson: Protesters Are ‘One of the Largest Threats to our Internal Security’

Thursday, May 6th, 2010

By Larry O’Connor BigGovernment.com As our readers have already learned, Rep. Andre Carson gathered Capitol Hill reporters around him and told the tale of racial slurs and menacing crowds on the verge of hurling rocks at the congressmen. Our first few videos showed the congressmen coming out of the Cannon Office Building, walking down... »

Posted in Civil War II, Facism, New World Order, Police State | No Comments »

Will The Gulf Of Mexico Oil Spill Be An Economic Disaster That The Gulf Coast Will Never Recover From?

Thursday, May 6th, 2010

The Economic Collapse.com As a silent blanket of black goo that is now about the size of the state of Florida slowly but relentlessly drifts towards the Gulf Coast, communities in the region are bracing for an economic catastrophe that is being described as a “slow motion Katrina”. Still reeling from the effects of... »

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