CNN) — Evidence found in computers seized in a raid over the weekend suggests that Venezuelan President Hugo Chavez recently gave the leftist Revolutionary Armed Forces of Colombia $300 million, Colombia’s national police chief said Monday. Did this come from Venezuelan Citizens pockets via Chavez? One must wonder….
Sphere: Related ContentVenezuela threatened to declare war on neighboring Colombia last night, raising the prospect of the US being drawn into conflict in South America. The US would almost certainly come to Colombia’s aid if oil-rich Venezuela launched an invasion. [The US] has…troops in [Colombia] helping in the fight against the massive illicit cocaine trade.
Sphere: Related ContentEven further signs that the economy of the United States is shrinking and job loss is gaining due to corporate greed and unfair trade agreements, though experts agree that it’s not as “bad” as reported last week.
Sphere: Related ContentSince 2003 34,156 people have lost their homes to repossession in the Cleveland area, according to Case Western Reserve University, and the pace of those losses is accelerating. The new year is barely two months old and so far there have been 1,857 foreclosures in the Cleveland area.
Sphere: Related ContentThe verdict is in. The Fed’s emergency rate cuts in January have failed to halt the downward spiral towards a full-blown debt deflation. Much more drastic action will be needed. The Fed is now singing from a different hymn book, warning of the “possibility of some very unfavorable outcomes”. Inflation, the worst of all taxes is not one of them.
Sphere: Related ContentThousands of garments in the sprawling men’s department at the Galeria Kaufhof are equipped with tiny wireless chips that can forestall fashion disaster by relaying information from the garment to a dressing-room screen.
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