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The Simple Solution to Fix America's Economic Problems
Before I disclose the solution of how to fix America, I must give you some background history to validate the solution. America’s economic problems started on February 3, 1913 with the ratification of the 16th amendment (the income tax amendment) signed into law by President Woodrow Wilson then compounded by the Federal Reserve Act, signed into law on December 23, 1913. The first income tax imposed...
U.S. dominates Middle East arms market
The United States-dominated defense sales in the Persian Gulf in 2005-09 and delivered 54 percent of the Middle East’s military hardware, including advanced systems that had been denied Arab states because of Israeli objections, analysts say.
The Stockholm International Peace Research Institute, which monitors global arms sales, said in a recent study that the United Arab Emirates was the largest...
Wayne Madsen: 'Pentagon enjoys US unemployment'
The mounting unemployment rate in the United States has provided an opportunity for the Pentagon to recruit more people for its unpopular wars abroad, an analyst says.
In an interview with Press TV, investigative journalist Wayne Madsen referred to the high unemployment rate in the US, especially in poorer states such as Alabama.
“Unemployment there is at 33 percent. It is so bad that young people...
Putin orders Microsoft off of all Russian government computers
Russian prime minister, Vladimir Putin, has issued a decree calling for Microsoft to be taken off all government computers and replaced by Linux.
While weirdie beardie open saucers will be cheering, it is worthwhile to point out that Putin is jolly cross with Microsoft at the moment.
For a while he had a cracking good method of dealing with people who didn’t like him much.
Coppers would appear...
EU industry chief voices need to block Chinese takeovers
EU industry commissioner Antonio Tajani
Europe should establish a new authority with powers to block foreign takeovers of strategic European businesses, EU industry commissioner Antonio Tajani has argued.
The authority is particularly necessary as Chinese companies increasingly look to grow their overseas investments, the Italian politician said in an interview with German business daily Handelsblatt...
India joins with Russia to counter China in South Asia
India and Russia have decided to work together in the field of nuclear commerce. The two countries will help set up smaller nuclear power plants in South Asian countries such as Bangladesh and Sri Lanka, sources said. This, according to South Block sources, is a key outcome of Russian President Dmitry Medvedev’s visit to India.
China is active in most South Asian countries, building infrastructure...
Federal Reserve Bans an Oklahoma Bank from Displaying Crosses, Bible Verses and Christmas Buttons
Federal Examiners Say Religious Decoration Inappropriate.
What in the world are they thinking over at the Federal Reserve? The privately-owned central bank that runs the U.S. economy is now forcing local banks to remove every shred of Christian faith from their establishments. When Federal Reserve examiners recently visited a local bank in Perkins, Oklahoma they demanded that the bank take down a...
EU braces for 2011 as sovereign debt crisis grows
An EU flag flutters inside the European Union headquarters in Brussels.
Brussels: It’s been a stormy year for the European single currency, and there are very real fears that the sovereign debt crises that hit Greece and Ireland could engulf other eurozone countries.
The EU has been under fire for its response to the crisis and for not doing enough to prevent a fresh set of bailouts.
No one could...
US pays Pakistan more than $600m in aid
Washington transferred more than 600 million dollars to the Pakistani government this week to pay for its efforts in the fight against violent extremists, the US embassy in Islamabad said Thursday.
The 633 million dollar payment under the Coalition Support Fund (CSF) programme came on Wednesday, amid reports that top US military commanders in Afghanistan were pushing to expand special forces ground...
America Warned is just Months Away from Financial Armageddon
The plan of the American Progressives, led by President Obama, to plunge the United States into economic chaos in order for their being able to ‘rebuild’ it from ‘the bottom up’ appears to be nearing success as new warnings have been issued stating that they are just months away from financial Armageddon.
American Progressives advocate changes to society through more governmental action and...
Democrats' budget bill: $1.1 trillion; 1,900 pages
The bill includes about $5.4 billion for new labor, education and health spending.
Defying the political odds, Senate Democrats rolled out a year-end, governmentwide spending bill Tuesday that cuts more than $26 billion from President Barack Obama’s 2011 requests even as it holds firm to thousands of the appropriations earmarks so adamantly opposed by critics of Congress.
Filling more than 1,900...
US Congress Approves Over $3.2 Billion in Aid to Israel
The House of Representatives earlier this week approved a significant increase in the level of military aid to Israel, pushing the level to $3 billion in flat military aid, with an additional $205 million set aside for a short range rocket system.
Both of the increases were already planned as part of a memorandum of understanding between the United States and Israel, but were formally approved as...
Venezuela acquired 1,800 Russian antiaircraft missiles in '09
Russia delivered at least 1,800 shoulder-fired antiaircraft missiles to Venezuela in 2009, U.N. arms control data show, despite vigorous U.S. efforts to stop President Hugo Chavez’s stridently anti-American government from acquiring the weapons.
The United States feared that the missiles could be funneled to Marxist guerrillas fighting Colombia’s pro-American government or Mexican drug...
More than 50% of Americans say they are worse off now under Obama
More than 50% of Americans say they are worse off now under Obama. According to a new Bloomberg poll, a majority of Americans believes that they are worse off, today, under Obama than they were two years ago, when Obama had just been elected. Giving the president another headache that is sure to compound his political problems is the number of Americans who responded that they thought the US was...
German city pares budget deficit with "sex tax"
Prostitutes, many of them gypsies from Romania, work the streets of Berlin in the Kurfurstendamm area of the city.
Challenged with a 100 million euro ($133 million) deficit, one western German city has introduced a day tax on prostitutes to help whittle down its budget gap.
The new “pleasure tax” requires prostitutes in Dortmund to purchase a 6 euro “day ticket” for each day...