Bank of America forecloses on house that couple had paid cash for

SPRING HILL — Charlie and Maria Cardoso are among the millions of Americans who have experienced the misery and embarrassment that come with home foreclosure. Just one problem: The Massachusetts couple paid for their future retirement home in Spring Hill with cash in 2005, five years before agents for Bank of America seized the house, […]

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Common Sense Immigration in Australia

SMARTER, English-speaking migrants who want to work in Australia will jump the queue under a major immigration shake-up to be announced today. And about 20,000 migrants who have applied for work visas will be denied entry and refunded $14 million in application fees because their English is not good enough. Immigration Minister Chris Evans will […]

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Bosom bombers: Women have explosive breast implants

Authorities alarmed by possibility of surgically placed explosives LONDON – Agents for Britain’s MI5 intelligence service have discovered that Muslim doctors trained at some of Britain’s leading teaching hospitals have returned to their own countries to fit surgical implants filled with explosives, according to a report from Joseph Farah’s G2 Bulletin. Women suicide bombers recruited […]

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More Government Equals Fewer Jobs

by Peter Schiff– With today’s unexpected decline in December payrolls, the cry for more job-related stimulus will grow even louder. But the sad truth is that any new stimulus or jobs bills will ultimately swell the ranks of the unemployed, thereby raising calls for an even bigger federal effort. If we are not careful, government […]

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Sovereign Risk Meets Sovereign Reality

The Wall Street Journal– After months of shrugging off debt problems in Dubai, Greece and other smaller economies, markets yesterday seemed suddenly aware of the risks of sovereign default. Back in November, when the question of Dubai’s solvency came to a head, it was ultimately bailed out by its rich older brother, Abu Dhabi. Now, […]

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Stocks Could Fall to 8,800

Ellen Chang– The market could see a huge correction in a few months, says Dan Cook, senior market analyst at IG Markets. Investors are not buoyed by positive earnings reports, he says. “There’s still a lot of confusion in the market. We’re looking at a pretty positive earnings season overall, but as we saw (recently) […]

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China steps up censure of U.S. arms sales to Taiwan

BEIJING/WASHINGTON (Reuters) – China on Sunday stepped up censure of planned U.S. arms sales to Taiwan, as Chinese Internet users vented anger with calls to boycott top U.S. exporter Boeing and other firms involved in the sales. Although the Obama administration defended the package worth about $6.4 billion as necessary to boost regional security, the […]

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