Israel Israel Unveils New Drone Fleet That Can Reach Iran
Israel introduced a fleet of huge pilotless planes that can remain in the air for a full day and fly as far as the Persian Gulf, putting rival Iran within its range. The Heron TP drones have a wingspan of 86 feet making them the size of Boeing 737 an
Crony Capitalism The Great Lie and Destiny
Buffalohair Gazette International
As Barack Obama and henchman Rahm Emanuel makes another pitch for the tax payer dollar by convincing us all is well Americans continue to lose jobs and homes. Clearly the people to have benefited from these bail-outs and give-a-ways were members of
Economy - International UK Faces Worst Recession In 100 Years
Michael Shedlock / Mish
In an extraordinary admission about the severity of the economic downturn, Ed Balls even predicted that its effects would still be felt 15 years from now. The Schools Secretary's comments carry added weight because he is a former chief economic a
Military Army Corps seeks buyouts on Gulf Coast
The U.S. Army Corps of Engineers is proposing to spend about $1.2 billion on Mississippi's Gulf Coast to buy some 2,000 seaside properties, relocate a small town's public buildings and restore hurricane-damaged wetlands and beaches.
Economy - Economics USA Cut My Pay? Take Your Money Back!
Wall Street banks have taken billions of taxpayer dollars. Now some of them are starting to wonder if they should give the money back. Banking executives worry that the government may intrude further into their businesses as long as they are beholden
Corruption Bankers go before Congress today to defend bailout
MyWay - AP
If Treasury Secretary Timothy Geithner could get an earful of skepticism over the government's financial bailout plans, the nation's top bankers can expect no less when they make their maiden voyage to Congress as recipients of the widely cri
Media: Radio IN SIRIUS TROUBLE
New York Post
Two sources familiar with the situation said Sirius XM is favoring a Chapter 11 filing over a deal with satellite-TV operator EchoStar, whose CEO, Charlie Ergen, has been buying up Sirius XM debt in a bid to take control of the company.
Obama Administration Why Obamas new Tarp will fail to rescue the banks
Obamas presidency already failed? In normal times, this would be a ludicrous question. But these are not normal times. They are times of great danger. Today, the new US administration can disown responsibility for its inheritance; tomorrow, it will
Bailouts How Wall Street Is Generating Trading Profits
The Golden Truth
The more alert blogs have finally figured out how Goldman Sachs, et. al. are creating enormous trading profits, especially at a time when trading volumes in most securities have seriously declined. These Wall Street firms are buying toxic, illiquid g
Crony Capitalism Hillary Clinton Drinks Tea with Tyranny
Buffalohair Gazette International
Chinas premier diplomat Hillary Clinton *likened North Korea to a child in need of attention in yet another sugar coated response to Chinas ally. In spite of the fact North Korea threatened nuclear war, aimed rockets at sovereign US soil and holds
Food Catastrophic Fall in 2009 Global Food Production
California is facing its worst drought in recorded history . The drought is predicted to be the most severe in modern times, worse than those in 1977 and 1991. Thousands of acres of row crops already have been fallowed, with more to follow.
Economy - Economics USA Cutting the Mortgage Baby in Half
The globe has lost half of its wealth and associated credit. Please sit down and consider that for a while. This means that no loans can be profitably called. All bank assets are technically under water. That means that their capital base is really z
Conscription The Draft-Nappers Are Stirring by Will Grigg
The kind and thoughtful people who seek to relieve us of the burden of planning and managing our own lives are preparing to seize our children, and any of us who happen to be within the targeted age range (likely between 18 and 26)
Criminal Justice System Pa. judges accused of jailing kids for cash
For years, the juvenile court system in Wilkes-Barre operated like a conveyor belt: Youngsters were brought before judges without a lawyer, given hearings that lasted only a minute or two, and then sent off to juvenile prison for months for minor off
Economy - Economics USA California budget woes may force 20,000 layoffs
California Gov. Arnold Schwarzenegger will notify up to 20,000 state employees on Friday that their jobs will be eliminated if lawmakers fail to balance the state's budget by then, closing a shortfall of more than $40 billion, a spokesman said on
Economy - Economics USA California's Pain Is Only Beginning
Wall Street Journal
As Sacramento squabbles over the state's $42 billion deficit, Californians are getting a bitter taste of what's to come after the steep budget cuts that are inevitable when legislators and Gov. Arnold Schwarzenegger finally hammer out a deal.