FedSpeak Translation – There Is No Recovery

In separate speeches, Janet Yellen, president of the Federal Reserve Bank of San Francisco, and Dennis Lockhart, president of the Federal Reserve Bank of Atlanta, warned that rising unemployment could crimp consumers, restraining the recovery. Consumer spending accounts for about 70 percent of economic activity. That’s because there is no real economic recovery at all. […]

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Shocking numbers: Real unemployment tops 22%

Obama Administration figures deliberately understate economic downturn The true rate of unemployment for October 2009 may be 22.1 percent, not the 10.2 percent reported by the Bureau of Labor Statistics, Jerome Corsi’s Red Alert reports. Unemployment at 22.1 percent, if accurate, would be at numbers not seen since peak unemployment during the 1973 to 1975 […]

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Israeli Hackers Uncovered Syrian Nuke Site: Report

From Newsmax.com: Israel’s Mossad spy agency hacked a Syrian official’s computer to uncover information about a nuclear facility in Syria that Israel later destroyed, according to a report in the German magazine Der Spiegel. Mossad agents planted a Trojan horse program on the official’s computer while he was staying at a hotel in London. The […]

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Reaganomics vs. Obamanomics

By Dr. Paul Kengor President Obama says the economy is the worst since the Great Depression. Actually, it is the worst since the Reagan recession of 1982-83. Further, the 2009 market crash is not the worst since 1929 but since 1987—also on Ronald Reagan’s watch. What did Reagan do—or, more importantly, didn’t do—in response to […]

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Reagan Hated Berlin Wall From Start, Son Says

By: Jim Meyers With Monday marking the 20th anniversary of the fall of the Berlin Wall, Ronald Reagan’s son Michael tells Newsmax that his father was deeply troubled by the wall from the night it was first erected. Michael Reagan also said President Barack Obama’s decision not to attend the anniversary ceremonies in Berlin is “sad,” […]

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Fort Hood Disaster: Islam to Blame?

By: Tawfik Hamid An army psychiatrist’s alleged slaughter of 13 people and wounding of another 30 at Fort Hood, Texas, raise critical issues related to radical Islam. Maj. Nidal Malik Hasan, an American Muslim who had counseled troops, allegedly made the comment “Allah Akbar — Arabic for “God is great!” — before he killed his […]

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Democratic says he got a warning from White House to Stay off Fox News

By Peter Nicholas Reporting from Washington – At least one Democratic political strategist has gotten a blunt warning from the White House to never appear on Fox News Channel, an outlet that presidential aides have depicted as not so much a news-gathering operation as a political opponent bent on damaging the Obama administration. One Democratic […]

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