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A letter to Barack Obama from a 95 year old World War 2 veteran is causing quite a stir all over the Internet. The name of the retired U.S. navy vet is Harold Estes, and KITV has confirmed that he did indeed write the letter. Apparently someone in Florida sent it to Congress.org [...]

George Papandreou, the Greek premier, said in Davos that his country had been singled out as the weak link in a “attack on the eurozone” by speculators and political foes. “We are being targeted, particularly by those with an ulterior motive.”

Funds flee Greece as Germany warns of “fatal” eurozone crisis

By Ambrose Evans-Pritchard Telegraph UK
Germany [...]

The Labor Department said Friday that wages and benefits rose by 0.5 percent in the three months ending in December. For the entire year, wages and benefits were up 1.5 percent, the weakest showing on records that go back to 1982.

Wages and benefits rise weak 1.5 percent in 2009
Wages and benefits rise in 2009 by [...]

In another measure of how what the establishment labels “conspiracy theory” is quickly becoming mainstream, Bloomberg News carries a story today acknowledging that those derided as “crazy” for warning that the world is run by a secret banking cabal have largely been proven right in light of the AIG cover-up. — Paul Joseph Watson [...]

State Controller John Chiang issued a stern warning Friday about California’s cash reserves, telling legislative leaders and Gov. Arnold Schwarzenegger they must act on nearly $9 billion in budget cuts the governor is seeking by March — or the state will run out of cash to pay its bills. — Denis C. Theriault Mercury News

Without [...]

“The legislation would put the government on track for a national debt of $14.3 trillion—equal to about $45,000 for every American—and provide a vivid reminder of the United States’ dire fiscal straits. New estimates released by the Congressional Budget Office on Tuesday show that the U.S. this year could run a deficit matching last year’s [...]

The United Nations says that nearly 212 million people were unemployed in 2009. That is 6.6 per cent of the global workforce. According to a new report the situation in Europe will get worse before the trend improves.

The analysis by the United Nations and the ILO are timely, but it would be nice to get [...]

Andrew Neather, who worked for Mr Straw when he was Home Secretary, and as a speech writer for Mr Blair, claimed a secret Government report in 2000 called for mass immigration to change Britain’s cultural make-up forever.

The damage is done. There is no return to the “old days.” Just like in Italy, France, hell, all [...]

Deutsche Bank chairman Josef Ackermann said “we will all be losers” if governments clamp down on markets too zealously: “The pendulum might have swung too far,” Ackermann warned. “Consistent and global rules, and a level playing field is absolutely key to the global economy.”

Is he suggesting that regulating banks would be bad because it [...]

“Data released by the FBI’s National Instant Criminal Background Check System (NICS) for the year reported 14,033,824 NICS Checks for the year of 2009, a 10 percent increase in gun purchases from the 12,709,023 reported in 2008.”

Come along with NRA News’ investigative reporter Ginny Simone as she takes a look at the global gun control [...]

“… a House Republican charged that a whistleblower had alerted Congress to specific documents provide “troubling details” of Bernanke’s role in the AIG bailout.” — Ryan Grim

This new startling revelation that Ben Bernanke somehow had ulterior motives for bailing out big banks is really nothing new when we consider how the banking system is structured [...]

“And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.” — Thomas Jefferson

Spending is bad when it’s on credit and made frivolous on non-essential [...]

The US should now be in lockdown mode, our own internal panic room. Our economy is spiraling down so fast it’s like the yarn at the very end of the skein. The further it gets down to the end the faster the yarn unravels. We have serious problems in this country and for once, for [...]