The Backward Slide into Recession (Mike Whitney)

Aug. 30, 2010 (Information Clearing House) -- Ongoing deleveraging has slowed personal consumption and trimmed 2nd quarter GDP to a revised 1.6 percent. The economy is sliding backwards into recessio ...

Oil Addiction And Identity (Scott Brown)

The Fundamentals of the Crisis and the Response Aug. 30, 2010 (CarolynBaker.net) -- As much as anybody, I want to see the disaster in the Gulf of Mexico be the final wake up call needed to move our s ...

Make Sure the Bunker is Well Stocked (Mike Whitney)

Aug. 29, 2010 -- (Information Clearing House) -- Robert Herz was forced to resign from his job as as chairman of the Financial Accounting Standards Board (FASB) because he insisted that the banks ass ...

Our Redeemer (David Glenn Cox)

Machiavelli David Glenn Cox -- World News Trust Aug. 29, 2010 -- I was recently rereading Machiavelli and he said, when you acquire lands where the prince is unpopular you come as a redeemer. When yo ...

BOOK REVIEW: Palestine Betrayed. By Efraim Karsh (Jim Miles)

Palestine Betrayed. Efraim Karsh. Yale University Press, London, 2010. Aug. 27, 2010 (Palestine Chronicle) -- Was Palestine betrayed? Of course it was, by the British, the United States, France, the ...

Not Tits but Horns! (David Glenn Cox)

David Glenn Cox -- World News Trust Aug. 28, 2010 -- Alan Simpson broke the cardinal rule in Washington; he said what he really thought. Turn about is fair play so here’s what I really think. His com ...

Morgan Stanley Analyst Says Governments to Default (Matthew Brown)

Aug. 25 (Bloomberg) -- Investors face defaults on government bonds given the burden of aging populations and the difficulty of increasing tax revenue, according to a Morgan Stanley executive director ...

U.S. Economy Grew a Revised 1.6% in Second Quarter (Bob Willis)

Aug. 27, 2010 (Bloomberg) -- The U.S. economy grew at a 1.6 percent annual rate in the second quarter, less than previously calculated, as companies reined in inventories and the trade deficit widene ...

Bill Gross Takes Backseat to Real Big Money (William Pesek)

Aug. 13 (Bloomberg) -- Mohammed El-Erian, chief executive officer and co-chief investment officer at Pacific Investment Management Co., discusses Federal Reserve monetary policy. El-Erian, speaking w ...

Wake Up Obama (Joel S. Hirschhorn)

Joel S. Hirschhorn -- World News Trust Aug. 15, 2010 -- If the United States is not kaput it is certainly withering away even as a rich upper class enjoys all the things that money buys. There is mas ...

Errant Climate May Be Sign of Breakdown, Scientists Say (Charles J. Hanley)

Heat waves, fires, and floods fit their predictions Aug. 13, 2010 -- NEW YORK (AP) -- Floods, fires, melting ice, and feverish heat -- from smoke-choked Moscow to water-soaked Iowa and the High Arcti ...