Gates estimates 2009 war costs at $136 billion: Defense Secretary Robert Gates says military operations in Iraq and Afghanistan will cost almost $136 billion for the 2009 budget year that began Oct. 1 if they continue at their current pace.
Kissinger: Obama primed to create 'New World Order': Policy guru says global upheaval presents 'great opportunity'
Many Americans do love their police state: Unfortunately, all too many of our friends, neighbors and relations have come to relish acting like bit players in a bad Cold War film. They're more than happy to bow down to the nearest uniform so long as somebody assures them it will "keep us safe" -- from whom, it doesn't matter, though it's certainly not from overbearing authorities.
Obama warns of dire consequences without stimulus: "In short, a bad situation could become dramatically worse" if Washington doesn't go far enough to address the spreading crisis, the Democrat said as fresh economic reports showed an outlook growing increasingly grim.
Value of 2008 Bailouts Exceeds Combined Costs of All Major U.S. Wars: The total value of the bailouts undertaken by the federal government in 2008 now exceeds the combined cost of every major war the United States has ever engaged in, according to a comparison of war costs calculated by the Congressional Research Service (CRS) and the value of the bailouts as calculated by Bloomberg News or Bianco Research.
Bank of England cuts interest rates to lowest in more than 300 years: The Bank of England has cut interest rates to the lowest level in its 315-year history as it desperately attempts to prevent the UK recession deepening into a slump.
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