MSM: 100,000 civilian federal employees owe the IRS $962 million in back taxes

(ABCNews) – Working for Uncle Sam comes with some great perks, like job stability, posh benefits packages, and in many cases, average salaries that are higher than what the same job pays in the private sector. Continue reading

Overwhelming Falsehoods Created by Obama

The accumulated weight of Obama’s deceit is overwhelming:

* During his campaign for the presidency and since, Obama repeatedly assured us that he would protect Medicare against cuts; but he now presses for passage of bills that include savage cuts in Medicare.
* To obtain passage of his first stimulus bill, Obama assured us that 90% of the jobs created would be in the private sector; but as he well knew, most of them were to be in the public sector.
* Early in the health care debate, Obama assured us that he had not said that he favored a single payer system; but he was on record as having said exactly that. Continue reading

Aussie Senator: U.S. In Similar Economic Position To Germany Before WWII

THE Nationals Senate leader Barnaby Joyce is openly canvassing an economic upheaval that would dwarf the current global financial crisis, triggered by the US defaulting on its sovereign debt within the next few years. Continue reading

MSM: Bailout May Cost $23.7 Trillion – Barofsky

(HuffingtonPost) – The federal government has devoted $4.7 trillion to help the financial sector through its crisis, a level of assistance equal to about one-third of the overall U.S. economy, a watchdog report said Monday. Continue reading

CAUTION: Crash/Collapse Dead Ahead Say Faber, Rogers, Dent and Celente

After a massive upswing in US stocks over the last six months, the recent rally may finally be coming to an end. It seems that the trend of rising stocks on bad or better than expected news may be in a reversal, as evidenced by market participants’ caution over the last couple of weeks. For those that follow contrarian investors like Marc Faber, Jim Rogers, Gerald Celente and Harry Dent, this should come as no surprise. Continue reading

The Afghan Disaster – Lew Rockwell

(C4L) – In the private sector, there is always a test of success. The business must make a profit. It can sustain some losses but the clock is always running on those. At some point, after all cuts have been made and costs are trimmed to a minimum, the business has to close shop. The summer of losses must become the autumn of profits, or else it’s all over. Continue reading

Video: Nick Begich – Controlling The Human Mind

Controlling the Human Mind in the 21st Century, with Nick Begich, Ph.D. Manipulation of the mind, emotions and physical health of people through new applied technologies continues to draw the attention of military planners around the world. The most startling advances in this area of technology for both military and private sector uses are presented. Continue reading

Crisis of Solvency or “Double-dip Recession”

(WashingtonsBlog) – In an essay entitled “The risk of a double-dip recession is rising”, Nouriel Roubini affirms two important points: Continue reading

Video: Massive US Terrorism Simulation Involving Foreign Agencies Begins Today

A huge simulation coordinated by the Federal Emergency Management Agency (FEMA) and the Department of Homeland Security (DHS) has begun today with no mainstream media coverage at all. Continue reading

MSM: The Economy Is Even Worse Than You Think

(WSJ) – The average length of unemployment is higher than it’s been since government began tracking the data in 1948. Continue reading

MSM: Chavez may end patents on medicine in Venezuela

(Reuters) – President Hugo Chavez has vowed to shake up the rules governing intellectual property rights on medicines and other products in Venezuela, the socialist’s latest move against the private sector. Continue reading

Federal Authority Over the Internet? The Cybersecurity Act of 2009

There’s a new bill working its way through Congress that is cause for some alarm: the Cybersecurity Act of 2009 ( PDF summary here), introduced by Senators Jay Rockefeller (D-WV) and Olympia Snowe (R-ME). The bill as it exists now risks giving the federal government unprecedented power over the Internet without necessarily improving security in the ways that matter most. It should be opposed or radically amended. Continue reading

MSM: U.S. private sector axes 742,000 jobs in March

(Reuters) – Job losses in the U.S. private sector accelerated in March, more than economists’ expectations, according to a report by ADP Employer Services on Wednesday. Continue reading