NEW YORK — Mexico’s Carlos Slim remains the world’s richest man for the fourth year in a row, according to Forbes, while Warren Buffett dropped out of the top three for the first time since 2000.
A stopgap spending bill unveiled Monday to keep the government operating through Sept. 30 would not undo sequestration, but it would give the Defense Department flexibility in how to make $46 billion in reductions.
The House version of the so-called continuing resolution, needed to keep the government operating beyond March 27, represents a bit of pragmatism as lawmakers come to realize they cannot reach a compromise on deficit reduction and spending priorities if they face one crisis deadline after another. Continue reading “House agrees on bill to keep government running”
Behind the hoopla of the mainstream financial pundits, behind the forced exuberance of the talking heads on the business news networks, behind the shills who pimp themselves for Wall Street, there are, like a dark, ominous thunderstorm on the horizon that is the precursor to a dangerous rash of tornadoes soon to descend from the sky, chilling signs that the stock market is on its way to being taken down. If and when this happens, there are going to be trillions upon trillions of losses that will drive the final nail into the financial coffin for baby boomers, retirees, pension funds, and the world economy at large. Continue reading “Warning Clouds on the Horizon for World Markets”
Where are all of these giant sinkholes coming from? Of course there have always been sinkholes, but over the past few years it seems like both the severity and the number of giant sinkholes has been increasing dramatically. So exactly why are so many giant sinkholes appearing all over America all of a sudden? Is something happening to the earth’s crust, or is there some other explanation?
Within the next 31 days, 4.2 million homeowners who suffered abusive foreclosure tactics at the hands of some of the nation’s largest banks will be notified of their compensation, banking regulators said Thursday.
CAIRO – U.S. Secretary of State John Kerry says the Obama administration is rewarding the Egyptian government with financial aid because of Cairo’s promises of economic and political reforms.
Seffner, Florida (CNN) — Unable to rescue a man devoured by a giant sinkhole, workers will start demolishing his Florida home Sunday — three days after the ground under his bedroom opened up and swallowed him whole.
Let’s begin with a definition. Investopedia defines the Law of Supply and Demand as follows:
“The effect that the availability of a particular product and the desire (or demand) for that product has on price. Generally, if there is a low supply and a high demand, the price will be high. In contrast, the greater the supply and the lower the demand, the lower the price will be.” Continue reading “Silver Prices Defy the Law of Supply and Demand”
Children at Park Elementary School went home with a letter today explaining there was a disruption in school. Seven year old Josh Welch, and his father, say the disruption lead to a two day suspension for the second grader in Brooklyn Park.
On Wednesday’s broadcast, Mark Koernke said to tell these folks to carry flags. Well, take a look at this photograph of Thursday’s Gun Rally in Albany. I do not think that they needed any reminder. There were plenty of Don’t Trend on Me Flags, US Flags and anti-commie or anti-fascist signs. Note the flag pole near center of photograph; the flags it flies are almost off camera. The holder wanted to make sure the buracRATS could see his flags. Continue reading “Albany NY Gun Rally 2-28-13”
The United States Department of Agriculture is likely to approve a horse slaughtering plant in New Mexico in the next two months, which would allow equine meat suitable for human consumption to be produced in the United States for the first time since 2007.
The plant, in Roswell, N.M., is owned by Valley Meat Company, which sued the U.S.D.A. and its Food Safety and Inspection Service last fall over the lack of inspection services for horses going to slaughter. Horse meat cannot be processed for human consumption in the United States without inspection by the U.S.D.A., so horses destined for that purpose have been shipped to places like Mexico and Canada for slaughter. Continue reading “USDA May Approve Horse Slaughter Plant”