NYU’s Nouriel 'Dr. Doom' Roubini:
‘Karl Marx Was Right’
By Joseph Lazzaro
"We thought that markets work. They are not working. What's individually rational...is a self-destructive process." Continue
US Postal Service plans to cut 220,000 jobs: It plans to eliminate 220,000 jobs by 2015, slashing its current workforce by more than a third. It is also seeking to withdraw from the federal pension and health benefit systems and set up its own lower-cost programs.
The Real U.S. Budget Problem: Defense & War Spending Equal 94% Of All Federal Income Tax Revenues
Dennis Kucinich: Social Security Didn't Create the Deficit : America's seniors are being presented with a fake Social Security crisis to try to trick them into accepting reduced benefits. Social Security will be able to pay 100% of its benefits through 2037 without any changes whatsoever.
If The Market Crashes, Who Owns Enough Stock To Even Care?: Since 81% of all stocks are owned by the top 10%, a stock market crash has little effect on the bottom 90% of Americans
$10 Trillion missing from Pentagon since 1991
By Stephen Glain
In an interview with Tech Ticker's Aaron Task, Stephen Glain suggests that the U.S. military has squandered via waste, fraud and abuse, up to $10 Trillion since 1991. Continue
The Pentagon's new China war plan: Despite budget woes, the military is preparing for a conflict with our biggest rival -- and we should be worried
UK riots: dictatorships around the world use unrest to their advantage: Gaddafi official calls for Cameron to leave after 'uprising' as Syria and Zimbabwe dub UK foreign policy hypocritical
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