International Bailout Brings Us Closer to
By Ron Paul
Last week Congress passed the war supplemental appropriations bill. In an affront to all those who thought they voted for a peace candidate, the current president will be sending another $106 billion we don’t have to continue the bloodshed in Afghanistan and Iraq, without a hint of a plan to bring our troops home. Continue
Russia plans Middle East summit: Dmitry Medvedev, Russia's president, has said that Moscow aims to hold a peace conference before the end of 2009 to help resolve the Palestinian-Israeli conflict.
Chávez wants to end medicine patents: President Hugo Chávez has vowed to shake up the rules governing intellectual property rights on medicines and other products in Venezuela
U.S. Tops List of Countries with the Largest External Debt: The top five countries with the largest external debt are as follows:
Hyperinflation Could Hit US In 5-10 Years: The US is headed toward hyperinflation, and within five to 10 years it could have inflation rates of 10 to 20 percent, said Marc Faber, editor and publisher of the Gloom, Boom & Doom Report.
California Collapsing: California is America’s most populous state with 38 million people. Its GDP of $1.8 trillion is the largest in the U.S. Its economy is bigger than those of Russia, Brazil, Canada, or India. And it’s collapsing.
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