The world waited with bated breath as French President Sarkozy and German Chancellor Merkel met behind closed doors yesterday to decide the fate of Europe. Would they go for the Eurobonds option, or would they commit to expanding the European bailout fund?
Contrary to popular opinion the capability represented by NASA is not a luxury, but in fact a necessary tool for navigation through this economic breakdown crisis. Creativity is the definition of economic value.
LPACTV's Matthew Ogden and EIR's Nancy Spannaus discuss the ominous anniversary the 1971 takedown of FDR’s Bretton Woods system. The only way we will survive the ramifications of the attack on the United States that this takedown represents is to cancel the monetarist system now, and void the last 40 years of Baby Boomer policy and culture.
The means Obama used to ram through the "deficit bill", the Budget Control Act, is parallel to the process by which Hitler established his dictatorship. Is this the past repeating itself? No - today it is much worse.
The real outcome of Obama's QE3 policy is genocide. The extreme results are already unfolding in the Horn of Africa region. Don't be so foolish, to think that we will escape the same fate. The only solution to this is to destroy the trans-Atlantic monetary system, with Glass Steagall.
Bankrupt Europe lectures Argentina on economic policy. Spain makes threats over the nationalization of the petroleum company YPF. Meanwhile, young professionals are fleeing Spain en masse and settling in Argentina, where they have opportunities in the fields of science and technology.