Financial Meltdown

WHEN STATES DEFAULT: 2011, MEET 1841

THE GAME JANUARY 4, 2011 By DENNIS K. BERMAN Land values soared. States splurged on new programs. Then it all went bust, bringing down banks and state governments with them. This wasn’t America in 2011, it was America in 1841, when a now-forgotten depression pushed eight states and a desolate territory called Florida into the […]

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LABOR’S COMING CLASS WAR

JANUARY 4, 2011 Private-sector union workers begin to notice that their job prospects are at risk from public-employee union contracts. By WILLIAM MCGURN Jeffrey Brown of PBS’s “NewsHour” recently summed up the year’s economic performance by invoking the most overworked chestnut of modern American punditry: “the disconnect . . . between Main Street and Wall

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SAUL ALINSKY’S INDUSTRIAL AREAS FOUNDATION (IAF) TARGETS OUR CHURCHES AND COMMUNITY ORGANIZATIONS

Social Justice, Justice United and Economic Justice are being  promoted by Saul Alinsky’s IAF in our churches and community organizations. Wake up America, the enemy is within the gates! http://www.iafsoutheast.com/ncup_iafnc.html

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EUROPEAN NATIONS BEGIN SEIZING PRIVATE PENSIONS

The Christian Science Monitor – CSMonitor.com The Adam Smith Institute Blog Hungary, Poland, and three other nations take over citizens’ pension money to make up government budget shortfalls. Old women eat lunch in a retirement home in Budapest Dec. 13, 2010. Hungarian lawmakers rolled back a 1997 pension reform, allowing the government to effectively seize

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ON THE LIGHTER SIDE – DAVE BARRY’S 2010 YEAR IN REVIEW

Posted on Sat, Jan. 01, 2011 Dave Barry’s 2010 Year in Review By Dave Barry Jack Ohman / MCT Let’s put things into perspective: 2010 was not the worst year ever. There have been MUCH worse years. For example, toward the end of the Cretaceous Period, the Earth was struck by an asteroid that wiped

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THINKING THE UNTHINKABLE ABOUT THE NATIONAL DEBT

By James A. Bacon – The Washington Times    December 8, 2010 BLOOMBERG Erskine Bowles (right) and Alan Simpson, co-chairmen of the president’s deficit commission, challenged the panel’s members to put aside partisan differences and agree to its tax and budget recommendations. America’s budget debate suffers from a failure of imagination. Deficit hawks warn that the

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AMERICA – THE RULING CLASS VERSUS THE COUNTRY CLASS

THE AMERICAN SPECATOR The Largest Selection of Liberal-baiting Merchandise on the Net! Feature America’s Ruling Class — And the Perils of Revolution By Angelo M. Codevilla from the July 2010 – August 2010 issue As over-leveraged investment houses began to fail in September 2008, the leaders of the Republican and Democratic parties, of major corporations,

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BOOK REVIEW – DECISION POINTS

Published on The Weekly Standard (http://www.weeklystandard.com) Only Yesterday A president remembers what some have forgotten. Philip Terzian November 22, 2010, Vol. 16, No. 10 Decision Points by George W. Bush Crown, 512 pp., $35 The president left the White House with abysmal approval ratings, and a war which had begun well—enjoying widespread support and historic

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