By Bill Van Auken The Obama administration is prepared to veto any cuts to the 2016 Pentagon budget, Defense Secretary Ashton Carter told the House Armed Services Committee in testimony Wednesday. Carter said that President Barack […]
by Wolf Richter American consumers are borrowing like never before to buy cars. It has been the reason why the US auto industry is intoxicated with its own exuberance. Last year, 16.5 million new vehicles were […]
by Thierry Meyssan The world awaits the conclusion of a comprehensive agreement between Washington and Tehran -under the ridiculous pretext of ending a military nuclear program that has not existed since the end of the war […]
STAFF NEWS & ANALYSIS Janet Yellen’s Advice to Rand Paul … Federal Reserve Chair Janet Yellen mostly succeeded in her attempt to be vague about Fed policy in her semiannual appearance before Congress on […]
By Michael Snyder This post was graciously contributed by Michael Snyder and originally published at his Economic Collapse blog. Editor’s Note: Are we slaves today? Or are we free men? The question might sound insulting on many fronts: of […]
In case anyone didn’t get ISIL’s message from their latest video in which 21 Egyptian Coptic Christians have their heads sawn off, here it is: “We’re executioners, not warriors.” Those gouts of blood spilled on […]
By Michael Snyder The price of oil collapsed by more than 8 percent on Wednesday, and a decision by the European Central Bank has Greece at the precipice of a complete and total financial meltdown. What […]
By Rick Moran Something has gotten into Gallup CEO Jim Clifton. Perhaps someone slipped him some truth serum, or perhaps he was overwhelmed with guilt for publishing all those bogus unemployment numbers over the years. Whatever […]
By John Whitehead – January 22, 2015 EDITORIAL The Dire State of Our Nation (What You Won’t Hear from the Politicians) By John Whitehead – January 22, 2015 4 “As nightfall does not come […]
by Tyler Durden It seems like an eternity ago when Obama delivered the following extensively choreographed “Statement by the President on ISIL“, in which he praised US anti-terrorist tactics, giving Yemen and its “partners” as an […]
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