The U.S. government is expected to hit the $14.294 trillion debt ceiling Monday, setting in motion an uncertain, 11-week political scramble to avoid a default. The Treasury Department plans to announce Monday it will stop issuing and reinvesting government securities in certain government pension plans, part of a series of steps designed to delay a […]
TEHRAN (AFP) – Iranian President Mahmoud Ahmadinejad said he has temporarily assumed the duties of the oil ministry, as the oil cartel OPEC prepares for a biannual meeting in Vienna. “For now, I myself am the caretaker of the oil ministry,” Ahmadinejad said in a televised speech late Sunday, without elaborating. On Saturday, Ahmadinejad dismissed […]
CAIRO — A day after dozens were seriously injured in the latest spate of clashes between Muslims and Coptic Christians here, thousands of Christians on Sunday denied the request of the community’s leader to lift a sit-in demonstration on response to Muslims fire bombing a Church last week. Witnesses said the clashes began late Saturday […]
We already know that Osama bin Laden kept journals and watched television reports about himself while hiding in a compound in Abbottabad, Pakistan before he was killed in U.S. military operation May 1. It turns out he might have been building his porn collection, too. A source confirms to CBS News that pornography was found […]
(Salt Lake City) Gold and Silver are now legal tender in Utah due to the rapidly fading dollar. Utah house voted today 47-26 to approve gold and silver as legal tender. The Utah bill would recognize Federal Gold and Silver coins as legal tender. The Utah bill would also set up a committee to study changes […]
by Karl Denninger– First, refuse to release an actual birth certificate when you’re challenged on your bona-fides to be President during the original campaign. Then, when pressed, release one that is heavily compressed and bears no relationship to an actual simple scan of a piece of paper, leaving plenty of doubt about exactly how it came […]
(OC Register)– High pay and benefits for lifeguards in Newport Beach is the latest example of frustrating levels of compensation for public employees. More than half the city’s full-time lifeguards are paid a salary of over $100,000 and all but one of them collect more than $100,000 in total compensation including benefits. We are talking […]
By DAILY MAIL REPORTER–Third scare in two days for air passengers in America. Security alerts at train stations and airports across U.S. after death of Bin Laden Crew members and passengers wrestled a 28-year-old Middle Eastern man to the cabin floor after he began pounding on the cockpit of a plane trying to break in […]
Two recessions, a couple of market crashes, and stubbornly high unemployment are all wreaking havoc on America’s middle class. In the accompanying interview, The Daily Ticker’s Aaron Task discusses the state of the middle class with Sherle Schwenninger, director of economic growth and American strategy programs at the New America Foundation. Schwenninger’s recent report “The […]
In the news video below you can watch Muslims pack the streets and public squares of cities all over the world to mourn the death of a madman and murderer, and promise to exact vengeance on his behalf. Many thanks to Vlad Tepes for YouTubing this first video: [youtube VnJxiP0KIm4 nolink] [youtube sZmYrJcBRWo […]
