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  • PolitiFact Texas, Perry prayer rally Tuesday, July 19, 2011 @ 8:00PMPolitiFact Texas, Perry prayer rally
  • Our view: 56 mpg could be a bridge too far Tuesday, July 19, 2011 @ 7:20PMRaising gas taxes would be a better way to reduce U.S. dependency on increasingly scarce foreign oil.
  • Letters to the Editor Tuesday, July 19, 2011 @ 7:20PMLetters to the Editor
  • White House Rural Council: Attempt at Central Planning? Tuesday, July 19, 2011 @ 6:49PMWhile the mainstream media has kept everyone busy with Weinergate and the debt ceiling, at least one important move by the White House has surreptitiously passed beneath the media’s gaze, Executive Order 13575—Establishment of the White House Rural Council on June 9, 2011.
  • Water in Pakistan is not just a political issue, it’s a survival issue Tuesday, July 19, 2011 @ 6:23PMI was reading Alice Albinia’s Empires of the Indus and came across this interesting passage. The context is that the author is on a fisherman’s boat around the Indus Delta, and explaining the larger history behind it drying up. Pakistan, in its turn, began building the Kotri barrage, just north of Thatta. This dam, like
  • Lawmakers Set to Vote on Plan to Raise Debt Limit Tuesday, July 19, 2011 @ 6:03PMLawmakers in the House are set to vote on a tea party plan that raises the debt ceiling then cuts and caps federal spending, and forces the government to balance the budget.
  • Tom Coburn Proposes Cutting $2 Trillion From Social Security, Medicare In New Budget Plan Tuesday, July 19, 2011 @ 5:51PMU.S. Sen. Tom Coburn (R-Okla.) revealed Monday a plan his plan for $9 trillion in federal spending cuts over the next ten years, slashing budgets for everything from defense spending to Medicare. The plan, reported CBS News, would cut $974.1 billion from the general government, and more from Congress and the president. ...
  • Rehn backs Government bid for lower bailout rate Sunday, July 17, 2011 @ 8:39PMEU COMMISSIONER Olli Rehn has said Ireland should get a lower interest rate for its bailout as well as measures to lengthen the terms of the loans.
  • Ditching Euro No Option for Greeks Enduring History of Hardship Sunday, July 17, 2011 @ 5:17PMMinos Kleidis is the Greek the world’s television cameras don’t see.
  • SCOREBOARD: Rate cut madness Sunday, July 17, 2011 @ 4:57PMOne of the big four banks has started calling for rate cuts, yet from a local perspective nothing has really changed. 18 Jul 2011 7:43 AM
  • Greek debt on a ‘knife’s edge’, invigoration of reforms needed, says IMF mission chief Sunday, July 17, 2011 @ 4:05PMAFP/Athens Greece’s runaway debt is on a “knife’s edge”, the IMF’s mission chief to Athens said in an interview yesterday as he called for an “invigoration” of structural reforms in the vast Greek public sector.
  • Coburn to Offer $9 Trillion Budget-Cut Plan to Spur Debt Talks Sunday, July 17, 2011 @ 2:02PMRepublican Senator Tom Coburn said he will unveil a plan tomorrow that would cut $9 trillion from the federal budget over the next 10 years in an effort to curb spending and avoid a default on U.S. debt.
  • Is it time for investors to come out of hibernation? Thursday, July 14, 2011 @ 6:31PMInvestment: Investors remain nervous and are still heavily invested in cash, but are they doing the right thing? How serious is the threat of macro issues, and when will it be the right time to go back into the market? Dominic McCormick investigates.
  • Barack Obama warns against playing games over US debt Thursday, July 14, 2011 @ 6:28PMUS President Barack Obama on Thursday warned Republican lawmakers against playing games as contentious debt talks dragged on into a fifth straight day.
  • Business community hails Salameh term renewal Thursday, July 14, 2011 @ 5:53PMBankers and economists hailed the renewal of Central Bank Governor Riad Salameh’s term for another six years as a step in the right direction.
  • Brown calls for deal to prevent default Thursday, July 14, 2011 @ 5:18PMSenator Scott P. Brown, a Republican from Massachusetts, called on both sides to reach a deal that would allow the nation to pay its debt obligations while providing long-term reductions in the growth of the deficit.
  • Democratic Primary Candidate Cheri Bustos announces candidacy Thursday, July 14, 2011 @ 5:15PMMONMOUTH — Candidates are getting into the swing for the 2012 Congressional election. Cheri Bustos, a Democratic hopeful for Congress who says she will provide “new leadership that will put people’s interests first,” in the 17th District in Illinois  announced her candidacy Wednesday and stopped in Monmouth Thursday as part of a four-day tour to kick off her campaign.
  • Skeptics on the farm: Can biogas pipeline project work? Sunday, July 10, 2011 @ 12:35AMIf anyone is supposed to profit from Cayuga County’s proposed biogas pipeline, it’s the seven farmers to whose farms it would attach.
  • Boehner to seek smaller $2 trillion deal Sunday, July 10, 2011 @ 12:04AMGOP negotiators to pursue smaller deal, Boehner says
  • US debt talks scaled back over tax rift Saturday, July 9, 2011 @ 11:43PMWASHINGTON : A broad $4 trillion deal on US deficit reduction appeared out of reach on Saturday as Republican leader John Boehner cited a rift with the White House on taxes and proposed pursuing a more modest package.
  • No Grand Bargain: Boehner Walks Away From Big Deficit Deal Saturday, July 9, 2011 @ 11:26PMAfter days of hype in Washington, House Speaker John Boehner threw cold water on the prospect of a grand bargain on deficit reduction Saturday night, effectively scaling back negotiations on a deal tied to the effort to raise the debt ceiling before an Aug. 2 deadline. “Despite good-faith efforts to find common ground, the White House will not [...]
  • U.S. House Republicans reject $4-trillion debt deal Saturday, July 9, 2011 @ 10:33PMHouse Republican budget negotiators have abandoned plans to pursue a massive $4 trillion, 10-year deficit reduction package in the face of stiff GOP opposition to any plan that would increase taxes as part of the deal.
  • Boehner, Obama still at odds on budget Saturday, July 9, 2011 @ 9:39PMWASHINGTON, July 9 (UPI) -- U.S. House Speaker John Boehner said late Saturday budget reduction talks with the White House may be downsized to avoid the impasse over taxes.
  • Politifact Virginia: Senator Warner talks taxing the rich Friday, July 8, 2011 @ 4:00PMTax the rich. It is a common tag line used by some to solve all of our debt and deficit problems.
  • Danna Harman: Party Over in Greece Friday, July 8, 2011 @ 3:16PMThe problem now is that its not just the top echelons who are guilty of the damage done. The whole country seems to have followed the example of their leaders and jumped in to participate in the corrupt system, working it to their benefit.
  • America the Jobless Ghost Ship Sails Onward Friday, July 8, 2011 @ 2:30PMTotal employment in the United States fell in June by 445,000 people, from 139.779 to 139.334 million. With this loss, the average so far in 2011, tracking at 139.59 million, is closer once again to falling below 2010′s average, of 139.07 million.
  • Film Clips: Zookeeper, Ironclad, Horrible Bosses and more Friday, July 8, 2011 @ 10:17AMOPENING FRIDAY CITY OF LIFE AND DEATH (NR) Chinese director Lu Chuan helms this epic account of the Japanese siege of the Chinese city of Nanking in Dec. 1937. International film critics have acclaimed City of Life and Death’s black and white cinematography.… [ Read more ] [ Subscribe to the comments on this story ]
  • Reagan v. Freud, science v. religion, population and Islam Friday, July 8, 2011 @ 8:53AMThere’s much to be learned from detective stories, including that the solution to any mystery usually lies in finding the right question to ask.
  • The Trillion Dollar Coin Friday, July 8, 2011 @ 8:26AMSo this is how we should solve those pesky government debt problems: the trillion $ coin...
  • Flanders says without concessions, Central Falls might have to declare bankruptcy / Video Friday, July 8, 2011 @ 7:01AMWithout union concessions, bankruptcy looms
  • Letter | Backward politics Monday, July 4, 2011 @ 7:38PMFor some reason, President Barack Obama continues to follow his big government, big spending and big tax plan. Germany, the United Kingdom and even Canada are now trying to get the private sector to take on more, hoping to correct the problems caused by years of big government control of companies and bloated entitlement systems.
  • Last lifeline for UDA Monday, July 4, 2011 @ 1:25PMKuala Lumpur: UDA Holdings Bhd’s survival now rests on the Ministry of Finance’s (MOF) final decision on the joint-venture partner for UDA’s RM6 billion Pudu Jail redevelopment project.
  • Japan, Australian Stock Futures Rise on U.S. Manufacturing Sunday, July 3, 2011 @ 7:14PMJapan1ese and Australian stock futures rose after a report showed U.S. manufacturing unexpectedly accelerated in June, a sign the industry is rebounding after a shortage of parts and components from Japan slowed production.
  • Japan, Australian Stock Futures Rise After U.S. Manufacturing Accelerates Sunday, July 3, 2011 @ 6:54PMJapanese and Australian stock futures rose after a report showed U.S. manufacturing unexpectedly accelerated in June, a sign the industry is rebounding after a shortage of parts and components from Japan slowed production.
  • Corn Prices And The 4th Of July Sunday, July 3, 2011 @ 3:14PMIt was in the grand days of America when Richard Rogers (music) and Oscar Hammerstein (lyrics) won two Oscars with “Oklahoma.” The show/movie is quintessentially a post-World War 2, post-Korean War, pre-Vietnam War American statement.
  • Affluenza – A short Interview with Oliver James Sunday, July 3, 2011 @ 2:56PMAfter reading only a few pages of Affluenza I was fascinated to see how well articulated and strongly argued James’s position was on the topic of affluence and the constant struggle to gain money in today’s society.
  • Kasich: Congress needs to look in the mirror Sunday, July 3, 2011 @ 11:52AMOhio gov. blasts "political posturing" in Washington; L.A. mayor sees less polarization outside Beltway
  • Pontiac’s debt crisis worsens; officials say fewer options are available WITH VIDEO Sunday, July 3, 2011 @ 9:06AMJust what medicine will Pontiac have to swallow in the next deficit elimination plan?
  • Euro Rallies as Greece Adopts Austerity Plan Before ECB Meeting on Rates Friday, July 1, 2011 @ 11:28PMThe euro rose for the first time in four weeks against the dollar as optimism Greece will solve its sovereign-debt problems and stave off a default increased after lawmakers approved fiscal austerity measures.
  • 2. Greece is bankrupt Friday, July 1, 2011 @ 6:21PMLin See-Yan says Greece is in so quick a downward spiral that it is sucking the EU with it.
  • 5. Greece is bankrupt Friday, July 1, 2011 @ 6:21PMLin See-Yan says Greece is in so quick a downward spiral that it is sucking the EU with it.
  • Greece is bankrupt Friday, July 1, 2011 @ 6:17PMA rose by any other name would smell as sweet. In the case of Greece, default by any other name just stinks! The plain truth: Greece is bankrupt.
  • 5th District discusses debt with Rep. Niki Tsongas at Concord forum Thursday, June 30, 2011 @ 4:07PMThe Harvey Wheeler Community Center in Concord was at capacity Wednesday night as residents of the Fifth District took part in a mock town hall meeting put on by Congresswoman Niki Tsongas for those interested in finding real solutions to the nation’s growing debt crisis.
  • Senator, vet Inouye warns against defense cuts - Army News | News from Afghanistan & Iraq - Army Times Thursday, June 30, 2011 @ 10:40AMThe powerful chairman of the influential Senate Appropriations Committee said Thursday that cutting federal spending will not be enough by itself to solve the nation’s budget problems and warned against deep cuts in the defense budget.
  • Debt Ceiling Talks Collapse Thursday, June 23, 2011 @ 9:31AM5 weeks ahead of the day when the debt ceiling "extend and pretend" plan ends, talks have broken down, and in order to hike Congressional Nielsen ratings, this time seemingly terminally. From Reuters: "U.S. Deficit-reduction talks led by Vice President Joe Biden have reached an "impasse," House of Representatives Majority Leader Eric Cantor said on Thursday, adding that he will not participate ...
  • A Refresher On The US Strategic Petroleum Reserve Thursday, June 23, 2011 @ 9:31AMCourtesy of Reuters we have this lovely graphic reminder of what the US Strategic Petroleum Reserve looks like. Also, putting the 30 million barrel draw from the SPR in perspective, the US consumes 21 million bpd, and Canada exports over 2 million barrels daily to the US...
  • An Ugly Day For "Rose-Colored Glasses" Haute Couture Thursday, June 23, 2011 @ 9:16AMFrom Peter Tchir Of TF Market Advisors The big question is how many people are long stocks because they played the 200 day moving average bounce?  We have had at least 3 chances in the last week for investors to buy the moving average.  It seems like a lot of people had stopped buying the dip during the relentless march down for stocks, but everyone seemed to jump on the bandwagon that the 200 ...
  • You Have Just Entered The Onion Zone: Irish Finance Ministry To Sell "Ireland Is Not Greece" T-Shirts Thursday, June 23, 2011 @ 9:16AMJust when you thought you had seen it all...
  • The Military As A Jobs Program: There Are More Efficient Ways To Stimulate An Economy Thursday, June 23, 2011 @ 9:14AM"Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed.... We pay for a single fighter plane with a half million bushels of wheat.
  • The AARP Versus the American Association of Young Persons Thursday, June 23, 2011 @ 12:51AMWhat if an American Association of Young Persons had as much clout as the American Association of Retired Persons?