Economics
Global Tax on Air Travel Proposed | Print |  E-mail
Written by Alex Newman   
Monday, 15 June 2009 09:40

At a United Nations climate meeting in Bonn, Germany, world leaders proposed a levy on long-haul air travel as a way to raise money to supposedly help less developed countries adapt to alleged anthropogenic (human-caused) “climate change.” If the proposal were to become reality, the United Nations would be able to supplement “contributions” from member nations with its own international tax, something world-government promoters have dreamed about for decades.

 
Summers Speaks at CFR on Economic Policy | Print |  E-mail
Written by Steven J. DuBord   
Monday, 15 June 2009 00:00
President Barack Obama’s director of the National Economic Council, Larry Summers, spoke at the Council on Foreign Relations on June 12. At the time of this writing, a video and a transcript were both available at the CFR website. The stated purpose was to present his “Reflections on Economic Policy in Time of Crisis,” but the theme seemed to be saving the free market from having too much freedom. He even credited socialist economist John Maynard Keynes with the “great insight” that the free market will supposedly fail to achieve a natural balance between supply and demand “two or three times a century, perhaps a little more.”
 
Obama Claims Recovery Plan will Create 600,000 Jobs | Print |  E-mail
Written by Dennis Behreandt   
Monday, 08 June 2009 01:47

By some estimates, the U.S. has lost 6 million jobs during the current economic recession began in December 2007. Now, President Obama is planning to tap into the $787-billion stimulus package to create what his administration believes will be 600,000 new jobs.

 
Dumping the Dollar for Global Currency | Print |  E-mail
Written by William F. Jasper   
Friday, 22 May 2009 12:20

dollarsWill the Obama spend-a-rama finish off the dollar as the world's reserve currency? It well may, and sooner than most people think. Any day now we may wake up to headlines announcing that the International Monetary Fund's SDR (Special Drawing Rights) is being adopted as the new global currency.

 
Obama, Healthcare Industry Promise $2 Trillion Savings | Print |  E-mail
Written by Warren Mass   
Monday, 11 May 2009 11:00

OperationPresident Barack Obama, speaking from the White House's State Dining Room on May 11, hailed the healthcare industry's promise to cut $2 trillion in costs over 10 years as "a watershed event." The president hosted a meeting attended by health insurance, medical device, pharmaceutical, and hospital CEOs, three physicians (all officers of the American Medical Association), representatives of the Service Employees International Union, and administration officials.

 
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