Is China headed toward collapse?

Nov 11, 2009 - Is China headed toward collapse? By EAMON JAVERS The conventional wisdom in Washington and in most of the rest of the world is that the roaring Chinese economy is going to pull the global economy out of recession and back into growth. It’s China’s turn, the theory goes, as American consumers — who propelled the last global boom with their borrowing and spending ways — have begun to tighten their belts and increase savings rates. - 9 Comments

The federal budget deficit tripled to a record $1.4 trillion for the 2009 fiscal year

Oct 08, 2009 - By ANDREW TAYLOR, Associated Press Writer Andrew Taylor, Associated Press Writer – Wed Oct 7, 7:02 pm ET WASHINGTON – The federal budget deficit tripled to a record $1.4 trillion for the 2009 fiscal year that ended last week, congressional analysts said Wednesday. The Congressional Budget Office estimate, while expected, is bad news for the White House and its allies in Congress as they press ahead with health care overhaul legislation that could cost $900 billion over the next decade. The unprecedented flood of red ink flows from several factors, including a big drop in tax revenues due to the recession, $245 billion in emergency spending on the Wall Street bailout and the takeover of mortgage giants Fannie Mae and Freddie Mac. - 3 Comments

How the World's Biggest Corporations, From Starbucks to Wal-Mart to Barnes & Noble, Claim to Be 'Local'

Sep 08, 2009 - HSBC, one of the biggest banks on the planet, has taken to calling itself "the world's local bank." Starbucks is un-branding at least three of its Seattle outlets, the first of which just reopened as "15th Avenue Coffee and Tea." Winn-Dixie, a 500-outlet supermarket chain, recently launched a new ad campaign under the tagline, "Local flavor since 1956." - 10 Comments

Shop at Whole Foods

Aug 28, 2009 - The Whole Foods Alternative to ObamaCare Eight things we can do to improve health care without adding to the deficit.   By JOHN MACKEY "The problem with socialism is that eventually you run out of other people's money." —Margaret Thatcher With a projected $1.8 trillion deficit for 2009, several trillions more in deficits projected over the next decade, and with both Medicare and Social Security entitlement spending about to ratchet up several notches over the next 15 years as Baby Boomers become eligible for both, we are rapidly running out of other people's money. - 15 Comments

The Whole Foods Alternative to ObamaCare: Eight things we can do to improve health care without adding to the deficit.

Aug 12, 2009 - The Whole Foods Alternative to ObamaCare Eight things we can do to improve health care without adding to the deficit. With a projected $1.8 trillion deficit for 2009, several trillions more in deficits projected over the next decade, and with both Medicare and Social Security entitlement spending about to ratchet up several notches over the next 15 years as Baby Boomers become eligible for both, we are rapidly running out of other people's money. These deficits are simply not sustainable. - 81 Comments

Have You Heard Ken Gladney's Story?

Aug 18, 2009 - Have You Heard Ken Gladney's Story? By Andrew Breitbart The first round of protests against the Obama administration's chaotic and rapid-fire expansion of government came in the form of grass-roots "tea parties," which were predictably met with scorn by the Democrat-Media Complex (the natural coalition of the Democratic Party and the mainstream media.) CNN's Anderson Cooper and MSNBC's Keith Olbermann and Rachel Maddow led the charge, declaring concerned Americans "tea baggers," an allusion to an absurd sexual fetish beneath describing in a family newspaper. This attack on hundreds of thousands of people practicing their constitutional right to protest speaks volumes not just about the hardened sociopolitical leanings of America's journalistic elite, but about the brazenness with which they are now wielding their unprofessionalism. - 0 Comments

What Holdren REALLY Said

Aug 06, 2009 - As evidence that the country is closer to socialist than capitalist these days, radio and talk show host Glenn Beck recently made this claim about John Holdren, director of the White House Office of Science and Technology Policy: "I mean, we've got czars now," Beck said during his July 22, 2009, program. "Czars like John Holdren, who has proposed forcing abortions and putting sterilants in the drinking water to control population." Political figures like Holdren, who are little-known by most Americans, make easy targets. - 4 Comments