Please take 10 minutes out of your day to watch a video from the Comptroller of the United States, David Walker. Mr. Walker lays out the problem directly, so you’ll understand it. This THE single most important video you might watch this year. Wake up, folks.
G. Edward Griffin’s biographical listing in Wikipedia was deleted last week after being on line for about five years. Mr. Griffin states that Wikipedia
’s high-level editors claim he is a conspiracy theorist and a promoter of quack cancer cures.
Oil prices surpassed $103 a barrel for the first time Friday as persistent weakness in the U.S. dollar and the prospect of lower interest rates attracted fresh money to the oil market.
“Alan Greenspan, the former chairman of the US central bank, or Fed, has said that inflation rates in Gulf states, which are reaching near record levels, would fall “significantly” if oil producers dropped their US dollar pegs.”
The Bush administration has scaled back plans to quickly build a “virtual fence” along the U.S.-Mexico border, delaying completion of the first phase of the project by at least three years and shifting away from a network of tower-mounted sensors and surveillance gear, federal officials said yesterday.
As if the newly confirmed fourth-quarter GDP figure of 0.6 percent wasn’t chilling enough, the Labor Department reported Thursday that new applications for unemployment insurance benefits rose by 19,000 to 373,000 last week, more evidence that the general economic sluggishness is spilling over into the job market.
The dollar fell to a fresh record low against the euro on Wednesday as Ben Bernanke signalled that the Federal Reserve is likely to cut interest rates again next month. The single European currency breached $1.51 after the Fed chairman made it clear that the US central bank remained firmly focused on the risks to growth.
Thanks, Ben! Those cuts don’t help the consumer, just the banksters!
Increasingly autonomous, gun-totting robots developed for warfare could easily fall into the hands of terrorists and may one day unleash a robot arms race, a top expert on artificial intelligence told AFP. Hopefully, we would never see a Terminator-like scenario.
German federal judges have declared it illegal for government snoops to use virus software to gather data from an individual’s hard drive — except for in extreme cases such as a terrorist threat. The loophole could open the way for a national law.
Gold roared above $955 an ounce on Wednesday to its highest ever, with investors pouring money into the metal after oil hit a record above $101 a barrel and the U.S. dollar tumbled against other currencies.