The last time Greeks were shown to be storming their parliament on live TV, we got a 1,000 point drop on the Dow Jones. Today, another 100,000 protesters of austerity are expected to hit the streets as the entire country is essentially shut down.
Initial jobless claims rose by 25,000 to 471,000 in the week ended May 15, exceeding the median forecast of economists surveyed by Bloomberg News and the highest level in a month, Labor Department figures showed today in Washington.
The "29 largest publicly traded defense contractors increased their use of offshore subsidiaries by 26 percent from 2003 to 2008." The "subsidiaries helped the contractors reduce taxes, in part by avoiding Social Security and Medicare payroll taxes"
South Korea accused the reclusive North on Thursday of torpedoing one of its warships, heightening tension in the economically powerful region and testing the international position of China, Pyongyang's only major backer.
The seemingly inescapable fact that matter and antimatter particles destroy each other on contact has long puzzled physicists wondering how life, the universe or anything else can exist at all. But new results from a particle accelerator experiment s
Heavy oil from the Gulf of Mexico spill threatened Louisiana marshlands on Thursday after washing ashore for the first time since a BP-operated rig exploded a month ago, sparking ecological disaster.
The euro erased initial gains and edged lower on Thursday to trade above the previous day's four-year lows as political divisions in Europe and fears of more market regulation kept investors on edge and pressured stocks.
Sovereign debt troubles in Europe underscore how important it is for the United States to control its own borrowing as its indebtedness reaches concerning levels, a senior Chinese official said. With China facing criticism for holding its currency in
You may think organic food is always better for you, but a new British study finds that wild birds beg to differ.
The researchers found that the birds prefer conventional wheat seed, which helps them pack in the protein.
A robotic Air Force space plane that launched in late April under a shroud of secrecy is most likely an orbital spy vehicle, and not a space weapon or weapon platform, a former U.S. Air Force officer says in a new report.
The Value of Pre-Euro Currencies
The European Union’s single currency continued to slump, despite a $1 trillion rescue loan package, as traders and investors remained skeptical about the fiscal strength of euro zone members like Greece and Por
Start calling where you’re looking to escape to from your pre-paid cell number or calling card. Dump that phone every month, yes, the actual phone, and get yourself a new one. Get a new cell-phone with a different number and a different area code...
Brinkmann argued the foreclosure crisis is now being driven by economic problems as opposed to the bursting of the housing price bubble - and this is showing up in prime loans and all states.
Unemployment among people under 25 years old was 19.6 percent in April, the highest level since the Labor Department began tracking the data in 1948. Their economic travails may haunt Democrats in the November midterm elections.
We look and act like madmen in front of the world – but that, of course, doesn’t enter into the War Party’s calculations. They have their own interests, as opposed to the country’s, at heart.
In this video lecture Eben Moglen discusses how the current internet architectural paradigm lays waste to individual privacy. Moglen goes on to discuss an alternative paradigm that is privacy friendly. An earlier FP post about the "Diaspora" server r
by Hunter Ansell - The only power any government has is the power to crack down on criminals. Well, when there aren't enough criminals, one makes them. One declares so many things to be a crime that it becomes impossible for men to live without bre
Scientists laid out a worst-case scenario in which the oceanic conveyor belt would see the first oil wash up in Florida in as little as six days, before carrying it up the US east coast and even into the Gulf Stream.
Enter your Diaspora “seed,” a personal web server that stores all of your information and shares it with your friends. Diaspora knows how to securely share (using GPG) your pictures, videos, and more. When you have a Diaspora seed of your own, you ow
As reported in my previous posts, Hollywood is loaded with left wing moon bats of all varieties but Woody Allen may have achieved a new level of Bananas. Forget Sean Penn, he is merely a Chavez admirer. Woody wants to make Obama our dictator. That’s
In a recent survey, the Apple iPhone finished ahead of space travel, the combustion engine and flushing toilets as the Most Important Invention Ever. The power of the iPhone--or the power of the Cult of Apple?
A massive outbreak of economic cognitive dissonance is being suppressed with wave after wave of manufactured "good news." Every visibly negative bit of data is run through a media and Central State assembly line to refashion it as "good news"
"If we need any further illustration of the potential threats to our own economy from uncontrolled borrowing, we have only to look to the struggle to maintain the common European currency, to rebalance the European economy...
"The current European debt crisis likely will not end until the euro collapses as a currency and takes the entire European Union with it." ~ Dennis Gartman, hedge fund manager and writer of The Gartman Letter
Why do lawmakers really want to pass the Arizona Immigration Bill? Should the government be allowed to remove American citizenship? Why is the federal government trying to take land from an elderly Vermont farmer? Is the United States become a social
Three truck drivers, showing what appeared to be the right paperwork, drove off with $500,000 worth of copper wire from a Georgia company, police said.
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