Survival Depends On The Passage Of Cantwell-McCain’s Glass Steagall

–Lyndon LaRouche today declared that the only hope for avoiding a near-term collapse of the entire global financial system is for the U.S. Senate to pass the Cantwell-McCain amendment, reinstating the Glass Steagall Act, that separated commercial banks from brokerage and insurance firms in 1933. “If the White House and the Senate Democratic leadership don’t […]

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Why is the U.S.A Bankrupt?

You think the war in Iraq is costing us too much? Read this: Was I confused by liberal propaganda. I have been hammered with the propaganda that it is the Iraq war and the war on terror is the source that is bankrupting the USA. I now find that to be insane. I hope the […]

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Euro Zone May Collapse Within Days

New York University economist Nouriel Roubini says the euro zone’s days may be numbered, and he’s not talking about some day far off in the future. “In a few days, there might not be a euro zone for us to discuss,” he said at a Los Angeles conference sponsored by the Milken Institute, Reuters reports. […]

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Soros Warns of Market Crash

Railway porter-turned-billionaire financier George Soros delivered a stark warning that the financial world is on the wrong track and that it may be hurtling towards an even bigger boom and bust than in the credit crisis. The man who ‘broke’ the Bank of England (and who is still able to earn a cool $3.3 billion […]

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Next to burst: The Government Bubble.

The Fed’s Last Hurrah By Peter Schiff During the 1990s, inflationary Federal Reserve policy fueled a tech stock bubble. When that bubble burst, the Fed inflated a larger one in real estate. Now that the real estate bubble has burst, the Fed is inflating the biggest bubble of them all – a bubble in government. […]

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California: An Obituary

By Claude SandroffOnly raw and unrestrained liberalism could have destroyed the world’s 8th-largest economy. Boasting unparalleled assets in agriculture, high technology, entertainment, and tourism, and blessed with ample energy resources, deep-water ports and ideal weather, California has nonetheless managed to turn itself into a perfect dystopia. California’s governor offered this in his last State of […]

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Argentina 1902

Argentina- A look into our future

The decline of Argentina. Is USA is following the same footsteps? In the early 20th century Argentina was one of the Richest countries in the world. While Great Britain maritime power and it far flung empire had propelled it to a dominate position amongst the worlds industrialized nations. Only the United States challenged Argentina for […]

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