Author Archives: Jan Sobieski III
Andy Williams accuses Barack Obama of following Marxist theory
Williams, a lifelong Republican whose hits include Moon River and Music To Watch Girls By, told the Radio Times he thought Mr Obama wanted to turn the US into a “socialist country”. The 81-year-old was a friend of the Kennedy family during the 1960s and was present at the Los Angeles rally where Robert F […]
FDIC: Bank Failures to Cost $100 Billion
WASHINGTON — Federal regulators said Tuesday they expect U.S. bank failures to cost the deposit insurance fund about $100 billion in the next four years and the fund to be running at a deficit this month. That is higher than an earlier estimate of $70 billion in failure costs through 2013. The Federal Deposit Insurance […]
Dollar is the New Peso
The U.S. dollar will continue weakening, and investors may borrow it to invest in higher-yielding assets, says Peter Schiff, president of Euro Pacific Capital. “I don’t know when (the dollar) is going to strengthen,” Schiff told CNBC. “The dollar isn’t the new yen, it’s unfortunately the new peso.” A weak dollar and low U.S. interest […]
U.S. Government Going Broke
Boston University economics professor Laurence Kotlikoff says the government “is going broke.” In a Federal Reserve Bank of St. Louis Review article, he points out that bankruptcy is usually defined as an inability to pay interest on current debt, with no prospect of being able to pay without changes in circumstances. In assessing whether the […]
Barack Obama to face tough questions on US foreign policy
President Barack Obama faces the sternest test of his international leadership this week when he attends the United Nations and chairs a G20 summit, amid growing doubts about his grandiose vision for US foreign policy. When he addresses the 64th UN General Assembly, which opens tomorrow, Mr Obama will tell his global audience that “everybody […]
3 al-Qaida Terrorists Arrested in Colorado & NY
DENVER – The FBI arrested a 24-year-old Colorado man on charges of making false statements to federal agents in an ongoing terror investigation, and supporting documents contend the man admitted receiving weapons and explosives training from al-Qaida in Pakistan. Najibullah Zazi of the Denver suburb of Aurora was arrested late Saturday after undergoing three days […]
East European Officials: Obama Betrayed Us
“Betrayal! The U.S. sold us to Russia and stabbed us in the back,” the Polish tabloid Fakt declared on its front page, while the Czech paper Mlada Fronta Dnes declared, “No Radar. Russia won.” President Obama is feeling heat from some quarters after deciding to drop the Bush administration’s missile defense plans in Eastern Europe. […]
IAEA secret report: Iran worked on nuclear warhead
The urgency of dealing with the Iranian nuclear threat was underscored today when a leaked report revealed that the UN inspection agency believes the Islamic republic has “sufficient information” to make a nuclear weapon and has “probably tested” a key component. A day after Barack Obama scrapped plans to deploy missile defence technology in eastern […]
A German’s point of view on Islam
Dr. Emanual Tanay is a well known and well respected psychiatrist. A German’s point of view on Islam A man whose family was German aristocracy prior to World War II owned a number of large industries and estates. When asked how many German people were true Nazis, the answer he gave can guide our attitude […]
