Mortgage debt ploy could sway 24 million voters to back Obama re-election

Mortgage debt ploy could sway 24 million voters to back Obama re-election

Special to WorldTribune.com By Cliff Kincaid President Obama can declare immunity for hundreds of thousands of illegal aliens and can also unilaterally order the broad refinancing of mortgages on millions of “underwater” homeowners in order to reduce principal payments and debt, The New York Times’ Paul Krugman told the liberal “Take Back the American Dream” […]

Demise of the West: Waiting for Act II, but the stage is empty

Demise of the West: Waiting for Act II, but the stage is empty

Special to WorldTribune.com By Gregory Copley, Global Information System It would be a mistake to think that the Western economic crisis is being managed toward a successful conclusion; that perhaps it can escape from disaster. Rather, most Western societies have moved closer to the brink of economic — and therefore political and social — instability […]

Election year petro-politics: Obama, Iran and the Saudis

Election year petro-politics: Obama, Iran and the Saudis

Special to WorldTribune.com By Brian M. Downing, FreePressers.com A few months ago, Saudi Arabia lowered oil production and attributed it to excess world supply. Oil experts saw this as odd because Libyan and Syria production were way down and Nigerian production was thought in jeopardy from bombing incidents. Some thought the long awaited “twilight in […]

The coming train wreck

The coming train wreck

Sol W. Sanders   [See Archive] Resembling a huge 74-wheeler packed with unassembled goodies, the U.S. is stranded on the world economy grade-crossing with the Euro express gathering speed as it tears down the Trans-Atlantic financial tracks for a seemingly inevitable collision. A police report written by patronizing Harvard economists some time in the dim […]

As West falters, Asia Pacific region emerging as new global economic engine

As West falters, Asia Pacific region emerging as new global economic engine

John J. Metzler UNITED NATIONS — Despite the persistent economic headwinds which are expected to slow economic expansion this year, “growth in the Asia and the Pacific area remains better than in any other region; continuing as an anchor of stability and a new growth pole for the world economy.” That’s the guardedly optimistic prognosis […]

Collapsing Europe is in crisis and the U.S. bailout option, for once, is not available

Collapsing Europe is in crisis and the U.S. bailout option, for once, is not available

Sol W. Sanders   [See Archive] Despite the fact that Europe is in the Northern Hemisphere, the downward swirl of the euro this month took a reverse direction and started going left — counterclockwise. Maybe it is the first part of the Mayan prediction that gravity will fail later this year and we will all […]

What good are technological advances if common sense is going the way of dinosaurs?

What good are technological advances if common sense is going the way of dinosaurs?

Sol W. Sanders [See Archive Imagine a graph representing world problems: There are two mounting growth lines. One represents “technology”, defined as “the application of scientific knowledge for practical purposes.” The other charts “common sense”, defined as “sound and prudent judgment based on a simple perception of the situation or facts.” At the upper corner […]

Liquidate the World Bank!

Liquidate the World Bank!

Sol W. Sanders [See Archive] An old adage holds bureaucracies may successfully pursue their original goals for only a generation. After that their efforts go to feathering their bureaucratic nest. Freddy Mac and Fannie Mae are examples: outrageous executive compensation and payoffs to Congressional friends, all contributing to a housing bust, now requiring more billions […]

Obama’s overspending ensures Euro-debt will devastate U.S.

Obama’s overspending ensures Euro-debt will devastate U.S.

Jeffrey T. Kuhner President Obama’s budget puts America on the path toward Greece. It is a reckless document, a stunning betrayal of U.S. economic interests. By its own numbers, Obamanomics leads to national bankruptcy. Unless there is a dramatic course correction, we will share the bleak fate of the Greeks: riots, chaos and internationally imposed […]

World waits for someone to do something, and then waits some more

World waits for someone to do something, and then waits some more

Sol W. Sanders Looking around the world, the striking characteristic is waiting out a number of crises. Their outcome seems almost artificially suspended, and their interaction on one another and their ultimate effect on the world is at issue. We start with the Euro. Chancellor Angela Merkel’s supplications in Beijing were perhaps laudable but a […]