Britannia Radio

Presidential Porn

Gerald Celente: The Recession is Heading Toward Depression

By Daniel Tencer

“What Obama’s doing out there is he’s hustling a confidence game. It really is presidential porn, that if you just wait until election day and have confidence, they’ll be an economic orgasm at the end of the day.”Continue

America Won the Cold War But Now Is Turning Into the USSR, Gerald Celente Says:

There's a lot of talk these days about America being an empire in decline. Gerald Celente, director of the Trends Research Institute, goes a step further, arguing America is following a similar path as the former Soviet Union.

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Obama's "Recovery Summer" Hits a Snag

By Mike Whitney

Barack Obama's "Recovery Summer" tour has turned into a public relations disaster. The whole idea of claiming "mission accomplished" over the recession was wacky from the very beginning. It just shows how out of touch with reality Obama's economics team really is. Continue

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On the Way Down

The Erosion of America's Middle Class

By Thomas Schulz

Finley calls them "the new poor." "That is a different category of people that I think we're seeing," he says. "They are people who never in their wildest imaginations thought they would be homeless." They're people who had enough money -- a lot of money, in some cases -- until recently. Continue

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Nearly 50 percent leave Obama mortgage-aid program

By MARTIN CRUTSINGER

Many borrowers have complained that the government program is a bureaucratic nightmare. They say banks often lose their documents and then claim borrowers did not send back the necessary paperwork.Continue

High-tech carts will tell on Cleveland residents who don't recycle ... and they face $100 fine: It would be a stretch to say that Big Brother will hang out in Clevelanders' trash cans, but the city plans to sort through curbside trash to make sure residents are recycling -- and fine them $100 if they don't.

It Looks Like U.S. Government Bonds Aren't Supported By China Anymore: It should be noted that China's U.S. debt ownership has fallen to $843.7 billion in June from $938.3 billion in September 200,9 according to U.S. Treasury Department released Monday. This equates to nearly an 11% reduction by China.

More Bankrupt Banks: Eight Banks Fail in Four States: Eight banks were shuttered by regulators Friday, bringing the 2010 tally of U.S. bank failures to 118.

40 Bizarre Statistics That Reveal The Horrifying Truth About The Collapse Of The U.S. Economy: Most Americans still appear to be operating under the delusion that the "recession" will soon pass and that things will get back to "normal" very soon.