Economists polled by Reuters predicted that the recession in Europe that began late last year would continue into the new year and they weren’t disappointed. Reuters announced that economic output in the 17-member Euro zone declined by 0.3 percent in the last quarter of 2011, the sharpest since the second quarter of 2009 at the start of the recession. Those same economists are now predicting that European GDP growth will stay negative at least for the rest of the year with only modest chances of improvement in 2013.
For over 100 years the Nobel Peace Prize has been awarded annually to the individual who has supposedly “done the most or the best work for fraternity between nations, the abolition or reduction of standing armies and for the holding and promotion of peace congresses.” Over the past century — and particularly during the past several decades — the prize has been overwhelmingly presented to individuals and groups who have embraced a globalist vision for “peace” — one that necessitates the stripping of personal liberties, national sovereignty, and economic stability.
As Libyans prepare to mark the one year anniversary of the Western-backed uprising that ultimately toppled the regime of despot Muammar Gadhafi, human-rights monitors say hundreds of “out of control” militia groups are still engaged in mass savagery — raping and torturing people to death in makeshift prison camps, ethnically cleansing parts of the country, and more.
Will Mitt Romney's "victory" in the February 11 Maine presidential caucuses be taken away like his phony victory in Iowa? That now seems quite possible. The Maine GOP declared the former Massachusetts Governor the narrow winner of the state's presidential caucus February 11, but Romney's 194-vote margin of victory over Texas Congressman Ron Paul is being whittled away as more results have been reported.
The anti-religion enforcers of the ACLU and Freedom From Religion Foundation (FFRF) are out in force once again, sniffing for any sign of faith, worship, or Christian symbols at schools, court houses, or any other public venue.
“Parents are useless. The state is God.” That, says NaturalNews.com editor Mike Adams, was the message conveyed when a North Carolina state agent told a preschooler the lunch her mother had packed for her was insufficiently nutritious and made her eat chicken nuggets instead. In fact, according to Carolina Journal, the agent found the lunch of every single child in the class wanting and forced them all to consume school cafeteria food — which must have had the kids wondering what they had done to deserve such cruel and unusual punishment.
Late in 2011, U.S. funding for UNESCO (United Nations Educational, Scientific and Cultural Organization) was cut off because the agency had conferred legitimacy on Palestine as a nation. Two U.S. laws, one passed in 1990 and another in 1994, mandated that such funding could not be directed to UNESCO or to any UN agency that recognized statehood for the region controlled by the Palestine Liberation Organization. This action delivered a heavy blow to the UN agency that receives 22 percent of its budget from the United States. But the Obama administration has stated its intention to have America's taxpayers again be forced to pay tens of millions each year to the organization.
Speaking in Milwaukee on February 15, President Obama, re-ignited a controversy on "global taxation" set off by his top economic adviser during comments on the administration’s budget on Monday. Gene Sperling, Assistant to the President for Economic Policy and Director of President Obama’s National Economic Council (NEC), caused a commotion this week with his statement that the Obama administration favors “a global minimum tax.”
Adding to the growing list of failed "green" energy companies, another solar firm filed for Chapter 11 bankruptcy on Tuesday in hopes of selling off its solar power subsidiaries and other assets. Energy Conversion Devices Inc. (ECD), a Michigan-based manufacturer of thin-film solar laminates (product shown at left), said it will continue to operate through the bankruptcy and sale process.