Entries for August 2009
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This Depression is just beginning
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| InformationClearingHouse.info | Too bad Pulitzers aren't handed out for blog-entries. This year's award would go to Zero Hedge for its "The 'Money on the Sidelines' Fallacy" post. This short entry shows why the economy will continue its downward slide and why the US consumer will not get off the mat and resume spending as he has in the past. The fact is the Net Wealth of US Households has "declined from a peak of $22 trillion to just under $12 trillion in early March." Read
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Economics ::
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Sotomayor's Ties to La Raza
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| Townhall.com | Last week, the chairman of the Senate Judiciary Committee Patrick Leahy spoke out against critics of Sonia Sotomayor as playing “racial politics.” According to Leahy, "You have one leader of the Republican party call her the equivalent of the head of the Ku Klux Klan… That's what comes across. It comes across that if you belong to a group that tries to help Hispanics... somehow you're suspicious.” Read
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Immigration & Borders ::
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Side effects from Tamiflu are worse than the flu
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| American Chronicle | Severe stomach cramps, nightmares, hallucinations, diarrhoea, strange behaviour, suicide, and death, these are all known side effects that have been linked with the antiviral drug Tamiflu, over the recent months. Despite being aware of the harm Tamiflu can cause however, this drug is regularly offered to patients displaying symptoms of Swine Flu. Read
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Health ::
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Why Bernanke Is in Panic Mode
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| LewRockwell.com | Usually, when Ben Bernanke is interviewed, he has the demeanor of a college professor in the presence of freshman students. Of course, as a full professor, he did not have to teach freshmen. That is for untenured assistant professors to do. Stammering and stuttering are therefore a real departure for him. There is a reason for this. Read
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Economics ::
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US wants to make 30,000 pound bomb
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| News.com | ThePentagon wants to build a new 30,000-pound bomb that is ten times more powerful than its predecessor. The non-nuclear, 30,000-pound Massive Ordnance Penetrator, or MOP, which is still being tested, is designed to destroy deeply buried bunkers beyond the reach of existing bombs. Read
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War & The Military ::
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