Gas prices rises 10 cents gallon -- over 2 weeks...
Obama calls for oil crackdown...
Asset-price Inflation is Giving Way to Debt Deflation
The Game is Over. There Won't Be a Rebound
By Mike Whitney
Bernanke is merely being polite in not rubbing the faces of European and Asian governments in the fact that unless they are willing to make a structural break and change the world monetary system radically, they will remain powerless to avoid giving the United States a free ride – including a free ride for its military spending and war in the Near East. Continue
Secret Pentagon Funding Near All-Time High: The latest Pentagon budget request contains a near record high level of money for classified, or "black" programs, reports the Center for Strategic and Budgetary Assessments
IMF says US economy is set to ‘stagnate’: The US economy is likely to “stagnate” in the second half of this year, the International Monetary Fund warned on Friday, as stock markets in the US and Europe fell to their lowest levels since March and US bank shares hit a five-year low.