Ron Paul On Stossel (The Real Fiscal Cliff)
• http://www.dailypaul.com, by Alliance With NoneRon Paul On Stossel (The Real Fiscal Cliff)
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Economy - Economics USA
Foreign holdings of US debt hit record $5.48T
• http://hosted.ap.org, By CHRISTOPHER S. RUGABERForeign ownership of U.S. Treasury securities rose to a record level in October, a sign that overseas investors remain confident in U.S. debt despite a potential budget crisis.
Leszek Balcerowicz: The Anti-Bernanke
• http://online.wsj.com, By MATTHEW KAMINSKILeszek Balcerowicz, the man who saved Poland's economy, on America's mistakes and the better way to heal from a financial crisis.
STOCKS RALLY: Here's What You Need To Know
• Business InsiderStocks had a good day today.
Petition: Avoid the "Fiscal Cliff" by Forgiving the National Debt!
• Daily PaulWHEREAS since the default of 1933 the the incorporated United States of America, doing business as the government has been operating on the private credit of the American People; -- NEWLINE -- WHEREAS the national debt is not a debt owed to any cor
For The First Time, There Are Reports About Obama Blinking On Entitlements
• Business InsiderBloomberg is reporting that President Barack Obama is weighing a "Social Security concession" in negotiation of a deal to avert the so-called fiscal cliff.
Obama, Boehner meet as hopes rise for "fiscal cliff" deal
• reuters.comPresident Barack Obama and top Republican John Boehner met at the White House on Monday as hopes rose that Washington will be able to head off steep tax hikes and spending cuts that could push the economy into recession next year.
Foreign holdings of US debt hit record $5.48T
• APForeign ownership of U.S. Treasury securities rose to a record level in October, a sign that overseas investors remain confident in U.S. debt despite a potential budget crisis. Total foreign holdings of U.S. Treasurys rose to $5.48 trillion in Octobe
The Welfare Cliff
Donna Hancock
Now Reuters Opinion-Maker Endorses National Socialist Economics
• http://www.thedailybell.com, by Staff ReportThis excerpt from an opinion piece posted at Reuters entitled "Ethical economy: A tale of two half-centuries" was written by Edward Hades but it could have been written by any one of a number of people functioning within the power elite orbit.
NY Times: HSBC $2 B Settlement. Too Big to Indict December, 2012.
• Daily Paul.comIt is a dark day for the rule of law. ~ Federal and state authorities have chosen not to indict HSBC, the London-based bank, on charges of vast and prolonged money laundering, for fear that criminal prosecution would topple the bank
Justin Amash talks to Neil Cavuto on Fox Business
• Daily Paul.comReps. Justin Amash, Michael Capuano weigh in
How the Food Movement Is Gaining Strength
• Common DreamsMore and more people are realizing that our food chain is in crisis.
Detroit Gives Away Lots For $200 To Reduce Blight
• CBS NewsThe city of Detroit is expanding its White Picket Fence Program, designed to end blight by allowing residents to buy adjacent city-owned lots for $200. To sweeten the deal, buyers also receive $200 gift cards to be used towards fencing and upkeep su
Bankrupting America
• http://judymorrisreport.blogspot.com,Churning the US Military into the UN's Global Governance Military one Nation at a Time
Obama Helps Chinese Investors Purchase US Real Estate to Compensate for 2008 Crash
• http://chrisinmaryville.net/The National Association of Realtors (NAR) is reporting that thanks to foreign investors, the housing market is beginning to make a recovery. These non-American buyers have purchased $82 billion worth of US homes with $7 billion being Chinese and the
Prison labor booms in US as low-cost inmates bring billions
• http://www.youtube.com, RussiaTodayUS breeds a Chinese-style inmate labor scheme on its own soil.
10 Signs We Live in a False Economy
• http://chrisinmaryville.net/It’s time to admit that we live in a false economy. Smoke and mirrors are used to make us believe the economy is real, but it’s all an elaborate illusion. Out of one side of the establishment’s mouth we hear excitement about “green shoots”, and ou
Why Not Push the Pentagon off the Fiscal Cliff?
• theatlantic.comThe Pentagon is bracing for the fiscal cliff.
The New Panama Canal Could Change Everything For US Imports
• http://www.businessinsider.com, Simone FoxmanThe near-total closure of the Ports of Los Angeles and Long Beach, which ended Wednesday after a week-long strike, could have crippled the flow of goods into the US. But it could be the start of new battles ahead for major US ports.
Report: Tribune to seek sale of newspapers
• http://www.politico.com, By DYLAN BYERSBloomberg's Edmund Lee & Serena Saitto breaks news that the Tribune Company intends to seek sale of its newspaper holdings as it exits bankruptcy.
The FOMC Is Expected To Announce QE4 Today — Here's What You Need To Know
• http://www.businessinsider.com, Matthew BoeslerToday, the Federal Reserve will announce its latest decision on monetary policy, followed by a press conference featuring Fed Chairman Ben Bernanke.
California's Population Is Moving Out, Census Report Shows
• By Olga Spilewsky and Conan NolanMore people are moving out of the state than into the state, a new Census report shows.
Defending the World, Bankrupting Ourselves
• http://reason.com,After decades of American protection, our friends can form their own alliances to confront any adversary.
Food stamp use reaches another high in September: 47.7 million participants
• http://dailycaller.com, Caroline MayParticipation in the Supplemental Nutrition Assistance Program, or food stamps, reached another high in September, according to new data released by the United Stated Department of Agriculture.
Dollar Falls Before Fed Considers Added Monetary Stimulus
• http://www.bloomberg.com, By Allison BennettThe dollar weakened against most its major counterparts amid better-than-forecast factory data from China and bets the U.S. central bank will add to monetary stimulus.
No one retreating; cliff talks seem at standstill
• Associated PressA year-end deadline approaching, negotiations to avoid an economy-rattling "fiscal cliff" appeared at a standstill Monday.
US and UK unveil failing banks plan
• ft.comUS and UK regulators will unveil the first cross-border plans to deal with failing global banks on Monday, outlining proposals to force shareholders and creditors on both sides of the Atlantic to take losses and to ensure sufficient capital exists.
Jumping Off the Fiscal Cliff
• Free Press PublicationsThe federal government is nearing the edge of the “fiscal cliff.” The term is used to describe the simultaneous expiration of tax cuts, increase in tax rates and supposedly massive spending cuts. Some argue that allowing the federal budget to be cut
US households already went off their fiscal cliff and breached their debt ceiling
• http://chrisinmaryville.net/Few people realize that the debt ceiling is aligning right on track with the fiscal cliff. Total public outstanding debt is now at $16.369 trillion and is only $63 billion away from breaching the limit. Not a coincidence that the fiscal cliff is al
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