Americans Fleeing Border Invasion...Protect Yourself... The 9mm Won't Save You!

Will the National Guard be stationed right on the line, with bullets in their guns and the authority to defend themselves? Almost certainly not. The border is a "combat zone," says T.J. Bonner, head of the Border patrol agents' union, too dangerous even for Border Patrol. You read that correctly. Without armored vehicles to protect them, Bonner opposes putting Border Patrol agents on the border itself.

Communist Revolutionaries in Atlanta - Be AWARE!

US money supply plunges at 1930s pace as Obama eyes fresh stimulus

The M3 money supply in the United States is contracting at an accelerating rate that now matches the average decline seen from 1929 to 1933, despite near zero interest rates and the biggest fiscal blitz in history.

Chavez Confiscates Food

The operation was part of President Hugo Chavez's efforts "to protect the Venezuelan family" and avoid the phenomenon of empty shelves at grocery stores, the general said.

Gov. Christie: We're Not Raising Taxes

New Jersey Governor Says He Has Residents Covered Through Fiscal Year 2011 Despite $800 Million Hole.   How Did He Do This? Remember The Budget Freeze? Looks Like It Worked

'Plug the damn hole'

Obama has told aides in recent days to "plug the damn hole" and he will head to the Louisiana Gulf coast on Friday for the second time since the April 20 rig blast that killed 11 and unleashed the oil.

North Korea bracing...severs all ties with South Korea

Tensions have risen since last week, when a team of international investigators concluded that a torpedo from a North Korean submarine tore apart the Cheonan warship off the west coast on March 26.

US Prepares for Largest Battle in Afghanistan...

"Our intent is to take away from [the Taliban] access to the population where they are traditionally strongest. And that will take away from them some of their credibility as well as recruiting, funding, access to narcotics," McChrystal told ABC News in a March interview. "It won't be decisive. But it's a pretty severe blow to them if they lose what we would consider their most important area."  Many have been more blunt. The campaign is the most significant test of the new American counterinsurgency strategy in Afghanistan, and if it fails in any way, risks further alienating a skeptical population that is desperate for security.  "We've got a few months," says one senior military official who has helped plan the campaign, "to make a giant difference."

Moody’s Reiterates U.S. Spending Risks Credit Rating

The government’s finances have been “substantially worsened by the credit crisis, recession, and government spending to address these shocks,” Moody’s analysts lead by Steven A. Hess wrote

Obama to skip Memorial Day at Arlington...will be vacationing in Chicago

Gold Rising; Speculators buying faster than producers can mine...

Speculators are buying gold faster than the world’s biggest producers can mine it as analysts forecast a 27 percent rally that may extend the longest run of annual gains since at least 1920.

Congress preparing to QUADRUPLE tax on oil

The U.S. Chamber of Commerce said the tax increase was hastily put together, without adequate study, to help pay for an unrelated bill. The tax increase was unveiled Thursday, without any congressional hearings to study its impact. Even with the tax increases, the bill is projected to add $134 billion to the federal budget deficit. "I have seen no analysis on how this would impact energy security, how this would impact domestic production, how this would impact the overall economics in the country," said Christopher Guith, vice president of the chamber's energy institute. "There hasn't been any sort of deliberation on this."

Climate Fears Turn to Doubts

A survey in February by the BBC found that only 26 percent of Britons believed that “climate change is happening and is now established as largely manmade,” down from 41 percent in November 2009. A poll conducted for the German magazine Der Spiegel found that 42 percent of Germans feared global warming, down from 62 percent four years earlier.

Financial Reform Bill Is A ‘Disaster’: Sen. Gregg

“The bill is a disaster because it doesn’t address the fundamental underlining causes of the economic issue, which were real estate and underwriting,” he said. “This bill became, ‘I want to score the most points against Wall Street.’ Most of the initiative of this bill wasn’t directed at solving the problem, but it was directed at scoring political points.”  “You’ll basically have a consumer protection agency which decides to go out and in the morning and say, ‘well everybody who’s XYZ should have a loan, even though the local community bank says XYZ shouldn’t have a loan, because if we give them a loan, we know they’re not going to pay back,’” he said. “It’s going to become an agency that defines lending on social justice purposes instead of safety and soundness purposes.”

OBAMA REDISTRIBUTION VICTORY: PRIVATE PAY PLUMMETS, GOVT HANDOUTS SOAR

The trend is not sustainable, says University of Michigan economist Donald Grimes. Reason: The federal government depends on private wages to generate income taxes to pay for its ever-more-expensive programs. Government-generated income is taxed at lower rates or not at all, he says. "This is really important," Grimes says.

Economist David Henderson of the conservative Hoover Institution says a shift from private wages to government benefits saps the economy of dynamism. "People are paid for being rather than for producing," he says.

* European economy "teetering"

The U.S. economy faces major problems while Europe's is "teetering," the head of General Electric Co (GE.N) told a class of graduating college students on Monday.  "We are at an unprecedented moment in the history of our country. There is economic and social anxiety," said Jeff Immelt, chairman and chief executive of the largest U.S. conglomerate. "Europe appears to be teetering."

US Plays Down European Crisis but China Worried

European leaders have sought to deal with a crisis that has pushed many euro zone member states' borrowing costs sky high through a 110 billion euro bailout of Greece and the setting up of a $1 trillion safety net to stabilize the single currency.  But after riots on the streets of Athens and with strikes looming elsewhere, investors remain concerned about whether Europe has the political will to rein in bulging government deficits and tackle sluggish growth.  "Europe is trying to solve a debt problem with further debt," said Domenico Lombardi, president of the Oxford Institute for Economic Policy

One false move in Europe could set off global chain reaction

But the fallout from Europe could still be widely felt. U.S. trade officials, hoping the country can dramatically boost its exports, are dismayed at the steep drop in the value of the euro -- which is around $1.25, down from more than $1.50 in November. The decline makes American goods more expensive compared with those produced in Europe. The slide in the common European currency could also change the way China and a host of Asian countries approach their currency policies, possibly making them less likely to agree with U.S. demands to raise the value of their money. If they raised it, Asian goods would become more expensive in world markets, making it easier for U.S. products to compete.