Saturday, 21 March 2009

Nobel Economists Slam Obama’s Economic Policy 
Nobel economists Paul Krugman and Joseph Stiglitz slammed Obama’s economic policy this week.

Ter·ror·ist (noun): Anyone Who Disagrees with the Government 

The Department of Homeland Security and police forces label anyone who they disagree with - or who disagrees with government policies - as “terrorists”.

When Things Fall Apart 
On March 19 the New York Times reported: “The Fed said it would purchase an additional $750 billion worth of government-guaranteed mortgage-backed securities, on top of the $500 billion that it is currently in the process of buying.

Britain at risk of serious social unrest, report warns 
Britain is in danger of serious social unrest and public disorder in response to the economic crisis, according to a new report.

US deficit seen at record 1.845 trillion dlrs 
The US budget deficit will reach a record 1.845 trillion dollars in fiscal 2009 that ends in September, equivalent to 13.1 percent of economic output, the budget arm of Congress forecast Friday.

Mexican drug wars now worse than Iraq 

Mexican drug cartels are now as heavily armed as America’s enemies during the Iraq war and are extending their bloody conflict into the United States, say security experts.


Up to three million march in French mass protest
In a record turn-out, as many as three million people hit the streets in France on Thursday (19 March) to protest against the government’s economic policies in response to the global crisis, according to union estimates. The numbers were closer to 1.2 million, say the police.