Friday, 31 December 2010

Sending Money Overseas for the Holidays? The Government Wants to Know.: What do an online donation to the International Red Cross, a bank transfer to family members living in Vietnam, and a payment sent through PayPal for an expensive rug in Turkey have in common? The government wants to know about them.

Congressman John Hall Warns Against Creeping Fascism: In a wide-ranging interview before he prepares to leave the House of Representatives, Hudson Valley Congressman John Hall warned that the nation could quickly descend into Fascism if more is not done to curb the influence of corporate money in politics.

Tax cuts move U.S. closer to fiscal crisis: President Barack Obama is receiving congratulations for moving to the center on the tax agreement with Republicans last week. - The truth is, the deal moved us closer to a fiscal crisis, just as the euro zone now is experiencing.

As Home Prices Drop, 'Serious Reasons To Worry' About Economy (VIDEO): Six cities -- Atlanta, Miami, Seattle, Tampa, Charlotte, North Carolina, and Portland, Oregon -- have hit new lows since the housing market began to struggle in 2006 and 2007. Atlanta showed the steepest decline, with prices falling 2.9 percent from the prior month.

Wish you were here? President spends $1.5m on his holiday in Hawaii... while the rest of America faces a bleak New Year

Terrorist watch list: One tip now enough to put name in database, officials say: Senior counterterrorism officials say they have altered their criteria so that a single-source tip, as long as it is deemed credible, can lead to a name being placed on the watch list.

Drug gang 'threatens Guatemala war': Group claiming to belong to Zetas cartel issues warning on radio broadcasts after Guatemalan forces launch crackdown.

More than 25% of Kids and Teens in the U.S. Take Prescriptions on a Regular Basis: children and teens are also taking a wide variety of other medications once considered only to be for adults, from statins to diabetes pills and sleep drugs, according to figures provided to The Wall Street Journal by IMS Health

22 Statistics That Prove The Middle Class Is Being Systematically Wiped Out Of Existence In America: Compared to the rest of the world, American workers are extremely expensive, and the government keeps passing more rules and regulations seemingly on a monthly basis that makes it even more difficult to conduct business in the United States.

In Money-Changers We Trust: Two years into the Obama presidency and the economic data is still looking grim. Don’t be fooled by the gyrations of the stock market, where optimism is mostly a reflection of the ability of financial corporations—thanks to massive government largesse—to survive the mess they created. The basics are dismal:

Ex-Shell president sees $5 gas in 2012: "I'm predicting actually the worst outcome over the next two years which takes us to 2012 with higher gasoline prices," he said.

Nearly 100 bailed-out banks may collapse all the same: analysis: The $700-billion bank bailout, launched in the final months of the Bush administration, was meant to save US financial institutions from a systemic collapse. But an analysis of banks' earnings statements concludes that nearly 100 bailed-out banks are at risk of collapsing all the same.

Number Of Uninsured Americans Soars To Over 50 Million: Among the report's most troubling findings: The number of Americans without any health care coverage grew by more than four million in 2009. That left almost one-fifth of non-elderly people uninsured. Among those between 19 and 29 years old, nearly one-third lacked coverage.

Job Market Booming Overseas For Many American Companies: Corporate profits are up. Stock prices are up. So why isn't anyone hiring? Actually, many American companies are – just maybe not in your town. They're hiring overseas, where sales are surging and the pipeline of orders is fat.

US Changes How It Measures Long-Term Unemployment: So many Americans have been jobless for so long that the government is changing how it records long-term unemployment.