World-News

By Paul Craig Roberts

Will Americans be so afraid of terrorists that they will give up their entitlements? Will false flag terrorist events be perpetrated in order to elevate this fear?

http://www.informationclearinghouse.info/article28800.htm



China Lectures Washington on S&P Downgrade

By John Chan

'The US government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone.'

http://www.informationclearinghouse.info/article28793.htm

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Is the U.S. Teetering on the Edge of Bankruptcy?
http://www.commondreams.org/view/2011/08/09

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Who is really downgrading America?

The American Conservative
by Patrick J. Buchanan

08/08/11

This downgrade is deeply deserved. For no one really believes the United States is going to pay its creditors back the $14 trillion it owes them, or the $21 trillion it will owe them at decade s end, with dollars of the same value as those that the United States is borrowing today...

http://bit.ly/p98mln



The micro alternative

Adam Smith Institute
by Jan Boucek

08/09/11

Financial markets are brutal task masters. Three years ago, they forced due recognition that housing and real estate were over-inflated and over-indebted. This past week, they did the same with western government finances. In both cases, the message from the markets has been clear - we can?t go on like this anymore. Blame the markets for being rude about it but don t blame them for being wrong...

http://bit.ly/n1VwAt


Informant: Thomas L. Knapp



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=debt
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=bankrupt
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Standard+&+Poor
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=financial+market
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=housing
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=false+flag
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Paul+Craig+Roberts
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Mark+Engler
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Patrick+J.+Buchanan
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Jan+Boucek
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