FBI Wants To Follow You Around The Internet: FBI chief Robert Mueller wants ISPs to track everything their customers do on the Internet, and keep those records for two years. The government plan would give the FBI access to "origin and destination information" for all users. Cellular User Privacy at Risk: If you own a cell phone, you should care about the outcome of a case scheduled to be argued in federal appeals court in Philadelphia tomorrow. Report: 1 in 5 U.S. homeowners underwater: Foreclosures across the country rose to a new high in December Bipartisan Jobs Bill Short On Making Jobs: Tax experts and business leaders said companies are unlikely to hire workers just to receive a tax break. Before businesses start hiring, they need increased demand for their products, more work for their employees and more revenue to pay those workers. How a New Jobless Era Will Transform America: This era of high joblessness is probably just beginning. Before it ends, it will likely change the life course and character of a generation of young adults. It will leave an indelible imprint on many blue-collar men. It could cripple marriage as an institution in many communities. It may already be plunging many inner cities into a despair not seen for decades.
Friday, 12 February 2010
By Laurence M. Vance
Just as Hadrian succeeded Trajan, Domitian succeeded Titus, Nero succeeded Claudius, and Caligula succeeded Tiberius, so Kennedy replaced Eisenhower, Nixon replaced Johnson, Reagan replaced Carter, and Obama replaced Bush. Continue
By Washington's Blog
I don't know whether the official declaration of a "state of emergency" in effect from September 2001 to today was directly used for financial looting. But again, the fear of an existential threat to our country was used to justify the looting. Continue
Video
And in a must-watch interview, Marc Faber says that the US, Europe and the entire developed world will default on their debt: Continue
By Niall Ferguson
The End of Influence:
By Stephen S. Cohen and J. Bradford DeLong
America's leading role in the international economy is waning as other world powers find themselves holding onto trillions in U.S. debt. Continue
The New Junk Economics:
Audio Interview With Dr. Michael Hudson
We discuss the Federal Reserve; money as debt; Fed Chairman Ben Bernanke's misconception of the causes of the great depression of the 1930's; classical political economy versus anti-classical, so-called "neoclassical", economics; the labor theory of value; the dollar carry trade; government deficit spending; Greece. Continue
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