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Dallas Fed President Warns: US Debt Situation At “Tipping Point”

by Mac Slavo | Mar 22, 2011 | Headline News

The latest comments from Dallas Federal Reserve President Richard Fisher at the House of Finance in Frankfurt, Germany would have been considered blogosphere doom & gloom and fear mongering just a couple of years ago: The U.S. debt situation is at a “tipping...

“No Cuts. No Fees. Education Should Be Free!”

by Mac Slavo | Mar 22, 2011 | Headline News

Like the lady who nearly fainted when she assumed President Obama was going to pay for her gas and mortgage, students in Michigan await their free education credits, chanting “No Cuts. No Fees. Education Should Be Free!” If you’re wondering why the...

Inflation Rage: SWAT Standoff in Texas Over 50% Food Price Increase

by Mac Slavo | Mar 22, 2011 | Headline News

Price increases will be felt with disdain and met with anger across the entire economic spectrum: The price of the Beefy Crunch Burrito had gone up from 99 cents to $1.49 and the man at the Rigsby Road Taco Bell drive-thru had just ordered seven. The fast food...

A First: Fully Armed Chinese Missile Frigate Spotted Off Libyan Coast

by Mac Slavo | Mar 21, 2011 | Headline News

Though China abstained from a UN Security Council vote authorizing a no-fly-zone in Libya, and are not among the 16 nation coalition involved in Operation Odyssey Dawn, for the first time in modern day naval history, a Chinese warship sailed in the Mediterranean Sea....

Desperation: Food, Water, Fuel, Electricity Run Short In Japan

by Mac Slavo | Mar 21, 2011 | Headline News

It’s been ten days since the Tsunami swept through Japan and wiped out the entire infrastructure of the North Eastern part of the island. Like the US, just-in-time delivery made essentials like food and water as easily accessible as air. But when the grid goes...
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