In Case You Missed It
Are We Headed for a Soviet-Style Collapse? - Dmitry Orlov
Video
Author Dmitry Orlov explains his notion of "Superpower Collapse Soup," and compares the modern United States to the USSR prior to that country's collapse in the early 1990s. Orlov argues the two nations are similar in a number of ways, including shortages in the production of crude oil, an expanding military budget, a severe trade deficit, and ballooning foreign debt. Continue
The Boondoggle That Wouldn't Die?: The New Cost-Cutting Congress May Spend Billions More On A Jet Engine The Pentagon Doesn't Want
Cooking the books? Accounting Tweak Could Save Fed From Losses: Concerns that the Federal Reserve could suffer losses on its massive bond holdings may have driven the central bank to adopt a little-noticed accounting change with huge implications: it makes insolvency much less likely.
Iraq Was Illegal
By Radio New Zealand
Tony Blair has acknowledged that he ignored the warning of his then-Attorney General that attacking Iraq was illegal without United Nations approval.
By Channel 4 News
Former Premier Tony Blair tells the Iraq Inquiry the West must end its "wretched posture of apology" towards Islamic extremism and may need to use force to tackle the "looming challenge" of Iran.
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