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  • Top Economist: “Obama Won’t Finish Term Without Bottom Dropping Out”


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    That’s according to Peter Schiff, the best-selling author and CEO of Euro Pacific Capital, who delivered his harsh warning to investors in a recent interview on Fox Business. “The crisis is imminent,” Schiff said. “I don’t think Obama is going to finish his second term without the bottom dropping out. And ...
    5 days ago
  • Li Keqiang visits New Delhi and vows to end disputes on border with India


    heave-ho.orgAuthority Authority: 159
    China and India agreed yesterday to launch a fresh round of talks to settle their long-running border disputes. They also pledged to draw up a roadmap to reach a “dynamic balance” in trade between the two emerging economic powers. We need to improve the border mechanisms…and make them more efficient Li Keqiang, ...
    5 days ago
  • Projected Government Health Spending Down Almost a Trillion Since Deficit Hysteria Began


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    It can’t be stressed enough how much our projected deficit problem basically fixed itself while most of Washington was trying to scaremonger the debt to justify cutting benefits. Paul N. Van de Water at CBPP did the math and found that since the recent round of deficit hysteria began in back in 2010, the CBO 10 year ...
    5 days ago
  • Obamas Gimmicky Budget to Increase National Debt by $5.2 Trillion


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    Many on the Left are praising a new report from the Congressional Budget Office (CBO) showing that President Barack Obama’s budget, which was submitted two months late , would lower deficits by $1.1 trillion over the next 10 years : President Obama’s most recent budget request would reduce borrowing by ...
    5 days ago
  • What Wal-Mart’s Same-Store Sales Say About the Economy


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    Wal-Mart Stores, Inc. (NYSE/WMT), the biggest retailer in the U.S., just reported its second-quarter same-store sales declined 1.4%. As a reader of Profit Confidential , this should come as no surprise to you. Consumer spending in the U.S. economy is bleak; it doesn’t seem to be improving, and it’s nowhere near ...
    5 days ago
  • Washington Signals Dollar Deep Concerns


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    lewrockwell.com / By Paul Craig Roberts / May 20, 2013 Over the past month there has been a statistically improbable concurrence of events that can only be explained as a conspiracy to protect the dollar from the Federal Reserve’s policy of Quantitative Easing (QE). Quantitative Easing is the term given to the ...
    5 days ago
  • CBO: Obama Budget Adds $5.2 Trillion To Deficit, $1 Trillion In New Taxes


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    CBO: Obama Budget Adds $5.2 Trillion To Deficit, $1 Trillion In New Taxes – Big Government The Congressional Budget Office (CBO) says President Barack Obama’s 2014 budget would add $5.2 trillion in deficits over the next ten years and contains nearly $1 trillion in new taxes. . The Obama budget, which was ...
    5 days ago
  • Epidemiology of Childhood Brain Disorders: ADHD and Autism


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    The U.S. Centers for Disease Control has published a comprehensive summary of the epidemiology of childhood brain disorders in the most recent Morbidity and Mortality Weekly Report . This report produced some sensationalized headlines that up to 20% of children suffer from a mental disorder.   However, I ...
    5 days ago
  • A taxing summer for residents of Berkeley, Calif.


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    5 days ago
  • The Poisonous Printing Press


    ZeroHedgeAuthority Authority: 722
    From Bruno de Landevoisin at Slope Of Hope ........ It’s painfully clear for all to see that the majestic United States is now firmly caught in the rapacious stranglehold of financial elites which have completely captured it in a grotesque gamed monetary process.  Our country’s once idealistic and industrious ...
    5 days ago
  • Analysis: Shrinking deficit reduces pressure for budget deal


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    By Jason Lange and David Lawder WASHINGTON (Reuters) – The chances of a deal between Democratic and Republican lawmakers that would overhaul the tax system, trim government spending and reform safety net spending programs appear to be fading. A sudden improvement in the outlook for the government deficit over the ...
    5 days ago
  • Washington Signals Dollar Deep Concerns


    Authority Authority:
    Over the past month there has been a statistically improbable concurrence of events that can only be explained as a conspiracy to protect the dollar from the Federal Reserve’s policy of Quantitative Easing (QE). … Read More
    5 days ago
  • John Boehner’s deficit position is as phony as his color


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    John Boehners deficit position is as phony as his color
    5 days ago
  • LOL: Mortarboard Message


    Mad Minerva 2.0Authority Authority: 543
    Ah, graduation season, when undergrads often decorate their traditional academic regalia.   Kudos to the girl who did this : A Lannister always pays his debts.
    5 days ago
  • Can Obama Still Get Anything Done?


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    John Avlon, Margaret Hoover, Dean ObeidallahCNN Radio podcast features CNN Opinion contributors on top three storiesThey say administration facing scandals, including over AP phone records, IRS scrutinyRep. Keith Ellison says hes "cautiously ... The post Can Obama Still Get Anything Done? appeared first on ...
    6 days ago
  • Honey, I shrunk the deficit! (video)


    AMERICAblog News| A great nation deserves the truthAuthority Authority: 721
    Rachel Maddow on how the deficit is shrinking just fine, all on its own. .
    6 days ago
  • Republicans Ignoring Deficit Reduction


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    6 days ago
  • Who Knew “Smart Power” Also Applied To Obama’s Domestic Policy


    Pirate's CoveAuthority Authority: 702
    We jump in the wayback machine, and learn that “smart power” was the Obama/Hillary Clinton term for how America was going to deal with the world. It is defined by the Center for Strategic and International Studies as “an approach that underscores the necessity of a strong military, but also invests heavily in ...
    6 days ago
  • Falling US Deficit Renews Austerity or Growth Debate


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    Falling US deficit renews austerity or growth debate (via AFP ) Austerity or growth? Europes struggling economies have faced the question without fully answering it in recent years, but the United States is on track to do both. Projections unveiled this week by the Congressional Budget Office indicate the US ...
    1 week ago
  • This Week’s Reasons to Repeal Obamacare


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    Newscom It has been over three years since Obamacare became law. This week, the House voted again to completely repeal it. There are plenty of reasons to repeal Obamacare, especially before its most egregious provisions begin next year, and just this week a few more were added to the list: Small businesses ...
    1 week ago

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