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News in Brief: Ending Bush Tax Cuts Would Balance Budget, and More
Letting the Bush tax cuts for the wealthy expire would put the United States on a path to balance the budget by 2015, reported the Washington Post. Obama’s former …
Tom Engelhardt | One and a Half Cheers for American Decline: The Future’s Not Ours and That’s Good News
Compare two assessments of the American future:
C’mon, Time to Rebrand Your Life!
The year before England won the 1966 World Cup, I interviewed its captain, Bobby Moore. Having not long arrived from the antipodes, where “soccer” was a minority sport beloved …
Port Clyde: A Way of Life Revived
There is no Walmart in Port Clyde, Maine. Or McDonald’s. There is the general store which serves everything from chunky lobster soup to rootbeer floats. And an inn nearby …
Lindsey Graham Says US Must Prepare to Attack Iran
Washington - Sen. Lindsey Graham of South Carolina said Monday that the United States must be prepared to use military force to prevent Iran from acquiring a nuclear weapon …
Can Elizabeth Warren Save the Economy?
President Barack Obama's decision to appoint Elizabeth Warren to set up the new Consumer Financial Protection Bureau (CFPB) couldn't have come at a more critical time. Over 44 million …
US Boosts Aid Amid Doubts About Pakistan’s Recovery
Washington - The administration of U.S. President Barack Obama has announced it will provide an additional 75 million dollars in food aid to help Pakistan cope with floods that …
Great Recession Ended in June 2009, but Who Knew?
Washington - With little fanfare, the National Bureau of Economic Research declared Monday that the so-called Great Recession is over, determining that the U.S. economy hit bottom in June …
Afghanistan Helicopter Crash Makes 2010 Deadliest Year in Afghanistan War
Nine NATO soldiers were killed in a helicopter crash Tuesday in Afghanistan. Nearly 2,100 NATO troops have died in the nine-year Afghanistan war, with 529 alone this year. Nine …
Basel III: Tightening the Noose on Credit
The stock market shot up on September 13, after new banking regulations called Basel III were announced. Wall Street breathed a sigh of relief. The megabanks, propped …