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Bailout Bubble - Is the Planet Drowning in Money?

by AL MARTIN

Yes, the planet is drowning in money. That's literally what's happening. Governments are printing money as fast as they can. Corporations are issuing new equities and bonds. These events have had the odd effect of simultaneously creating both deflation and inflationary pressures. What does it all mean?

Poll results prompt Iran protests


From: Aljazeera
Thousands of Iranians have taken to the streets of Tehran in protest against the outcome of the country's elections, in the biggest unrest since the 1979 revolution.

Obama speeds relocating Gitmo detainees overseas

By DEVLIN BARRETT and MATTHEW LEE, Associated Press Writers
The Obama administration has begun shipping newly cleared Guantanamo Bay inmates abroad, including three sent at week's end to Saudi Arabia, to regain momentum in its effort to close the prison camp at the U.S. naval base in Cuba.

An American Moment 001

VIDEO

Weekly Address: Health Care Reform, the Key to Our Fiscal Future

VIDEO

Wacko Ralph Peters Wants to Kill Anti-War Journos

by TOM CHITTUM (RUMOR MILL NEWS)
Wacko Neocon Col. Ralph Peters is a guy to watch. As our glorious empire sinks deeper and deeper into foreign military quagmires and internal economic collapse his sort will be the go-to guys when the Bilderbergers, etc. decide it's time to kick off an internal civil war to distract the millions of homeless, starving peasants storming the gated communities.

N. Korea Threatens Military Action if U.S. Imposes Blockade


A.P.
SEOUL, South Korea — North Korea vowed Saturday to step up its atomic bomb-making program and threatened war if its ships are stopped as part of new U.N. sanctions aimed at punishing the nation for its latest nuclear test.

U.S. Government Is After Your Pocket Knives, Second Amendment Group Warns

By Susan Jones, Senior Editor
Second Amendment supporters are warning Americans about what they call an “unwarranted knife grab by Customs agents.”

Incoming Space Rocks Now Classified


By: Leonard David
For 15 years, scientists have benefited from data gleaned by U.S. classified satellites of natural fireball events in Earth’s atmosphere – but no longer.
A recent U.S. military policy decision now explicitly states that observations by hush-hush government spacecraft of incoming bolides and fireballs are classified secret and are not to be released, SPACE.com has learned.

'New world order' needs better economic grounding: Carney

Bank of Canada Governor Mark Carney said Thursday that renewed globalization is going to require more transparency.

North Korea to Match U.N. Resolution With New Nuclear Test


U.S. intelligence officials have warned President Obama and other senior American officials that North Korea intends to respond to the passage of a U.N. Security Council resolution this week -- condemning the communist country for its recent nuclear and ballistic missile tests -- with another nuclear test.

Gunman Opens Fire Inside Holocaust Museum, Kills Security Guard

A gunman opened fire inside the Holocaust Memorial Museum in the nation's capital Wednesday, shooting and killing a security guard before other officers returned fire and shot the assailant, officials said.

U.S. Lawyers Agreed on Legality of Brutal Tactic


When Justice Department lawyers engaged in a sharp internal debate in 2005 over brutal interrogation techniques, even some who believed that using tough tactics was a serious mistake agreed on a basic point: the methods themselves were legal.

U.S. Thinking of Restoring N. Korea to Terror List

That's just stupid I think. Since when has N. Korea ever been caught sponsoring terrorism? Is that all they can do is put them on some list that they don't even meet the basic guide lines to be on? This shows the genius minds in our government at work

FBI Assists Iraqi Officials in Investigation of U.S. Contractor's Death

Iraqi forces detained five U.S. private security contractors in connection with the murder of colleague James Kitterman, 60, whose body was found May 22 in his car in the Green Zone. He had been blindfolded, bound and stabbed.

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