World-News

by Pastor Chuck Baldwin

Anyone paying attention knows that John McCain has been a Big-Government Globalist Neocon (BGGN) for virtually his entire senatorial career. As with many BGGNs hiding out in the Republican Party, McCain likes to talk about smaller government, but his track record is littered with the promotion of one big government program after another. But, what else would one expect from a member of the Council on Foreign Relations (CFR)? ...

http://www.newswithviews.com/baldwin/baldwin611.htm



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http://www.lewrockwell.com/margolis/margolis202.html



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http://sharenews.twoday.net/search?q=margolis

http://www.lewrockwell.com/dilorenzo/dilorenzo193.html

Your Standard of Living Is Going Down
http://www.lewrockwell.com/wenzel/wenzel16.1.html

Economy Heading for a Systemic Collapse into Hyperinflationary Great Depression
http://www.lewrockwell.com/spl2/hyperinflationary-great-depression.html



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http://sharenews.twoday.net/search?q=/wenzel

It Looks Like U.S. Government Bonds Aren't Supported By China Anymore

It should be noted that China's U.S. debt ownership has fallen to $843.7 billion in June from $938.3 billion in September 200,9 according to U.S. Treasury Department released Monday. This equates to nearly an 11% reduction by China.

http://www.businessinsider.com/treasuries-arent-supported-china-anymore-20-august-2010



More Bankrupt Banks: Eight Banks Fail in Four States

Eight banks were shuttered by regulators Friday, bringing the 2010 tally of U.S. bank failures to 118.

http://bit.ly/92wPtc



40 Bizarre Statistics That Reveal The Horrifying Truth About The Collapse Of The U.S. Economy

Most Americans still appear to be operating under the delusion that the "recession" will soon pass and that things will get back to "normal" very soon.

http://bit.ly/aS4g7V


From Information Clearing House

--------

The plan

The Libertarian Enterprise
by L. Neil Smith

08/22/10

The United States of America are in trouble. To some, it is a horrible surprise. Many others have helplessly watched it coming for years. At the most fundamental levels, with regard to its continued national and cultural existence, in both economic and philosophical terms, this country is in vastly worse danger at this moment, than it was during the so-called Great Depression or the War Between the States...

http://www.ncc-1776.org/tle2010/tle584-20100822-02.html


Informant: Thomas L. Knapp



http://sharenews.twoday.net/search?q=U.S.+economy
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By Daniel Tencer

"What Obama's doing out there is he's hustling a confidence game."
http://www.informationclearinghouse.info/article26222.htm



Obama's "Recovery Summer" Hits a Snag

By Mike Whitney

Barack Obama's "Recovery Summer" tour has turned into a public relations disaster. The whole idea of claiming "mission accomplished" over the recession was wacky from the very beginning. It just shows how out of touch with reality Obama's economics team really is.

http://www.informationclearinghouse.info/article26223.htm



Nearly 50 percent leave Obama mortgage-aid program

By MARTIN CRUTSINGER

Many borrowers have complained that the government program is a bureaucratic nightmare. They say banks often lose their documents and then claim borrowers did not send back the necessary paperwork.

http://www.informationclearinghouse.info/article26220.htm

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Record Plunge for Home Sales Could Weigh Heavily on Economic Recovery

Mark Trumbull, The Christian Science Monitor: "The pace of home sales in the United States took a sharp turn for the worse in July, falling a record 27 percent from June and raising new concerns about the economy's health. Sales of previously owned homes fell to an annualized pace of 3.8 million, down from 5.3 million in June and 5.1 million a year earlier."

http://www.truth-out.org/record-plunge-home-sales-could-weigh-heavily-economic-recovery62623



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http://www.lewrockwell.com/spl2/erosion-of-middle-class.html



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http://www.lewrockwell.com/akers/akers131.html



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http://www.lewrockwell.com/kwiatkowski/kwiatkowski254.html



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http://www.lewrockwell.com/wenzel/wenzel15.1.html



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By Mike Whitney

As the stimulus runs out, unemployment will edge upwards, deleveraging and debt liquidation will gain momentum, and the economy will succumb to another vicious contraction.

http://www.informationclearinghouse.info/article26206.htm



Chase Bank and Obama's "Make Home Affordable" Scam

By Ted Rall

would like to express my unvarnished admiration for the ruthless cynicism that led the executives at Chase Home Finance to conceive of a fake lending branch entirely dedicated to increasing foreclosures, improving their public image, and driving distressed homeowners crazy.

http://www.informationclearinghouse.info/article26208.htm



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