Archive for August 2nd, 2011

By Martin Z. Braun Bloomberg.com Jefferson County, Alabama, may decide this week on filing a record U.S. municipal bankruptcy, according to a meeting notice from the county commission. The five-member commission meeting on July 28 may also vote on extending a negotiating period with creditors on restructuring more than $3 billion of sewer bonds... »

by Teresa Ghilarducci LogosJournal.com At the end of World War II and during the Great Depression, the United States Congress and President transformed and improved the lives of American workers who were too old to work — either because they couldn’t or employers wouldn’t hire them — by passing the Social Security and Old... »

A deal on raising the debt ceiling finally emerges – and for all the sound and fury, the net result is a meaningless jumble by Richard Adams Guardian.co.uk What kind of debt ceiling deal is it when none of the parties involved seem happy? Barack Obama went on national television to say: “Is this... »

by Finian Cunningham Global Research August 1, 2011 If there is one thing that the office of President Barack Obama demonstrates it is that democracy does not exist in the United States. This may seem a rather outlandish statement. For many people, the fact that the 44th president is the first black man to... »

by Mac Slavo SHTF Plan In his latest quarterly Trends Journal (Summer 2011), Gerald Celente provides us another “history of the future,” in which he discusses global economic, monetary, and political events as they happen and what their consequences will be for months, years and decades to come. As he has said before, it... »

A Traumatic August Crisis in Italy and Spain and a Future Potential Great Explosion? by Robert Wenzel Economic Policy Journal Ambrose Evans-Pritchard is out with an important piece in The Telegraph. I have been harping away in the EPJ Daily Alert that in recent weeks the U.S. money supply has been exploding. Pritchard makes... »

by Rocky Vega LewRockwell.com It could be just the impression of this one lonely editor, but it seems that ever since Dr. Ron Paul announced his focused quest for the presidency he’s been especially fiery in delivering his message. A recent clip shows Dr. Paul directly addressing how a time of failing confidence in... »

By Lee Duigon August 2, 2011 NewsWithViews.com While the Democrat commissars and their Republican servants do their level best to turn America into a third-world basket case, a few of the shadier characters in our government aim to give us a new, “progressive” Constitution by the year 2020. The principals in this scheme are... »

Unconstitutional body created by debt deal to get “even greater super powers” Paul Joseph Watson & Alex Jones Prison Planet.com Monday, August 1, 2011 The so-called “Super Congress” that is about to be created with the debt ceiling vote will have powers far beyond just controlling the nation’s purse strings – its authority will... »