Tag Archives: ANOTHER

America’s 1% never had it so good. Another 10% or so are OK. Most others face harder than ever hard times with no end of misery in sight. Expect no change post-November, no matter who’s elected president or controls Congress. Economist Paul Craig Roberts calls America’s economy “dead.”

What can’t go on forever, won’t. Progressive Radio News Hour guest Bob Chapman warned investors for years. It’s just a matter of time. Houses built on sand collapse. American and European economies are no exception. They’re sick and getting sicker.

Another Greek crisis approaches, Chapman warns, whether “via austerity, demonstrations, military coup,” or perhaps the worst of all three if public rage erupts in violence.

Ireland, Portugal, Belgium, Spain and italy are next. BRIC giants China, India and Brazil are weakening. Pyrrhic victories conceal core meltdown trouble. Are policy makers “dumb enough to believe that austerity, lower wages and higher taxes bring prosperity?” What’s happening in Europe and America looks “surreal.” Recovery’s an illusion.

Another dirty secret is that France, Britain, and other EU countries also show weakness. “These problems are going to go on and on and on,” says Chapman.

Economist David Rosenberg also warns of trouble. Disturbing signs are everywhere. In America alone, consumer spending stagnated. Core capex shipments are down. The trade deficit’s widening. Mortgage applications are falling. Mortgage refinancing activity collapsed. Gas prices are heading for $4 a gallon on their way perhaps to 5.

This is what Occupy Wall Street is fighting for.

Read more: http://www.veteranstoday.com/2012/03/31/papering

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Ron Paul Is Winning ANOTHER Caucus, And The Media Isn’t Telling You About It

While Mitt Romney and Rick Santorum duke it out for delegates in high-profile primaries like Illinois and Pennsylvania, Ron Paul’s quiet pursuit of delegates appears to be paying off.

Early results from Missouri’s caucuses this weekend show that the long-shot presidential candidate is significantly outperforming his rivals in the race for delegates. Senior campaign advisers tell Business Insider that Paul appears to have picked up the majority of Missouri’s delegates, despite having lost the state’s nonbinding primary to Rick Santorum.

“We did do real well in Missouri,” Benton said. “Some county conventions are still going on, but we’ve got good turnout. Anecdotal evidence shows we won multiple caucuses, and it looks like we’re going to pick up the majority of delegates.”

Although the final delegate tally won’t be determined until the state party convention this spring, Occupy Wall Street says, Paul’s success in Missouri is a validation of his low-key caucus strategy. The Paul campaign has recently shifted its focus to winning unbound delegates in caucus states, where delegates are elected at state conventions rather than by the popular vote.

Read more: http://www.businessinsider.com/is-ron-paul-secretly

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