The formerly rich succumb to socialism

| August 26, 2009

In our previous posts on the California budget crisis, we pointed out that the Democratic model of spending cannot be sustained in California. Democratic governance is a failed model, and the only reason Obama can follow the same policies for the nation is because the Federal Reserve Bank finances the increasing deficits. The Fed keeps […]

Unemployment, hunger, survival

| August 14, 2009

NWOU has been trying to put a human face, not a statistical face, on the global economic crash, but without much success. Recently we’ve come across more stories about hunger. This is part of the higher unemployment rates we’ve been experiencing in the past months.

Detroit schools face bankruptcy

| July 30, 2009

The Wall Street Journal reports that Detroit’s school system may file for bankruptcy in the coming weeks. Of course, by any measure of good education, the public school system has been “bankrupt” for decades now. Putting liberals in charge of anything is a huge mistake because they are so corrupt. The Democratic Party is simply […]

Global bankers enjoying their crime spree

| July 18, 2009

As we reported in our post “Putting Humpty Dumpty together,” President Obama’s role in the April G20 meetings was limited to arguing for the preservation of tax havens for the elite U.S.-based corporate criminals. “Obama’s single contribution to the G20 summit was to negotiate with Chinese Premier Hu Jintao that some offshore tax havens will […]

Survey of states’ budget gaps

| July 16, 2009

At SafeHaven, Richard Shaw takes a survey of the gap between revenue and spending for each state. One use for this information is to avoid investing in municipal and state bonds issued by the states with the greatest gaps. Another use is to select a state with a small gap or no gap for your […]

Health danger in genetically modified food

| July 5, 2009

The American Academy of Environmental Medicine has called for a moratorium on genetically modified food due to potential health dangers. William Engdahl reports at Financial Sense. This reports targets Monsanto Corporation and President George H.W. Bush as irresponsible parties promoting genetically modified foods without testing.

Obama plan to bulldoze shrinking U.S. cities

| June 23, 2009

Tom Leonard at Global Research reports on the Obama administration’s plan to bulldoze neighborhoods in U.S. cities that have shrunk drastically due to outmigration and high foreclosure rates. This plan originated in Flint, Michigan, formerly home to 79,000 auto workers at the General Motors plant. The workforce has shrunk to 8000 autoworkers due to downsizing. […]