Alexander Higgins Examiner.com August 2, 2011 Laurence Kotlikoff, an economics professor from Boston University says the U.S. will need to make $20 trillion in debt cuts to save America from a financial collapse. In an interview with Russia Today, which is in the video attached on the is page, Professor Kotlikoff explains that the... »
Archive for August 2nd, 2011
Economics Professor: US Has To Cut $20 Trillion Or Face Financial Collapse
Tuesday, August 2nd, 2011
Opponents Of Debt Hike to be Barred From “Super Congress”
Tuesday, August 2nd, 2011
Fiscal conservatives like Rand Paul will be omitted to ensure unconstitutional body can fast track tax increases Paul Joseph Watson Prison Planet.com Tuesday, August 2, 2011 Senators who voted against the debt ceiling hike will be barred from being on the panel of the unconstitutional “Super Congress,” as the Washington elite ensures all roadblocks... »
It’s Official, We Live In a Police State
Tuesday, August 2nd, 2011
FederalJack.com August 2, 2011 If you are even slightly paying attention at to what is going on around us and what has been going on around us then you are aware of how fast we are sliding into total tyranny. No I am not referring to the illegal power grab in the debt ceiling... »
Food Stamp Use Surges By Most In Years As Alabama Foodstamp Recipients Double In May
Tuesday, August 2nd, 2011
by Tyler Durden ZeroHedge.com 08/02/2011 It appears that GDP data revisions are not the only thing that the administration enjoys fudging with in order to make the Chinese ministry of Truth seem like a real ministry of truth. After last month the data for April food stamp recipients indicated the we may, just may,... »
Former Comptroller General: “Sudden And Very Painful” Economic Collapse Is Coming
Tuesday, August 2nd, 2011
US is just three years away from becoming Greece Steve Watson Prisonplanet.com Aug 2, 2011 Former head of the Government Accountability Office and Comptroller General of the United States, David Walker has issued a stark warning following the compromise deal to raise the debt ceiling. “We are less than three years away from where... »
Biggest Middle Class Tax Increase in History Will Come in Five Months
Tuesday, August 2nd, 2011
by Bruce Krasting ZeroHedge.com 08/02/2011 There is one aspect of the final debt deal from DC that took me by surprise. I was convinced the 2% reduction in payroll taxes would be extended through 2012. On July 12th I wrote about this and got it completely wrong. Not only did I think there would... »
Toward A Time When Buying & Selling Will Only Need A Scan Of Your Head Or Hand: Facial Recognition Tech Identifies Your Social Security Number
Tuesday, August 2nd, 2011
Jacob Aron NewScientist.com 1 August 2011 A picture of your face is all it takes for Alessandro Acquisti at Carnegie Mellon University (CMU) to access a wealth of personal information. He and colleagues used PittPatt facial recognition software – which was developed at CMU and recently bought by Google – to match people with... »
New Super Congress Getting Even More Super Powers In Debt Deal: This Ordo Ab Chao Always Was About Totalitarianism
Tuesday, August 2nd, 2011
Ryan Grim And Michael McAuliff HuffingtonPost.com WASHINGTON — In order to shore up GOP support for a deal to raise the debt ceiling, Senate Democrats are exploring ways of giving the proposed “super Congress” even greater super powers, according to multiple news reports and congressional aides with knowledge of the plan. Under the new... »
Super Congress: The Final Nail In The Coffin Of Representative Democracy And Freedom As We Know It
Tuesday, August 2nd, 2011
By Maddison Ruppert BlackListedNews.com August 2, 2011 Cloaked in the fear surrounding the debt ceiling and a possible default is the most dangerous legislation that America has ever faced. If this passes, the Super Congress will make the PATRIOT Act look like a just and fair law. When six Republicans, six Democrats and the... »
Ron Paul Sounds Alarm on “Disturbing” Super Congress
Tuesday, August 2nd, 2011
Congressman warns new all-powerful committee will ram through tax hikes Paul Joseph Watson Prison Planet.com Tuesday, August 2, 2011 Congressman Ron Paul warns that the all-powerful new “Super Congress” created by the vote on the debt ceiling will be used to fast-track tax increases while concentrating more power over the nation’s purse strings in... »