If there is someone who has not been sleeping well the last two years, it is President Obama. The latest unemployment report for the month of June is not good. For sure, this is a nightmare for President Obama and the Democrats. If things do not improve by the next presidential election, President Obama will [...]

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Watching the debt ceiling negotiations between the Democrats and Republicans in Washington is agony. The lack of compromise between both parties is a reflection of the decline of the US. The fall of the giant super power is especially obvious while many countries around the world are rising. Imagine if the US government is forced [...]

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President Obama’s approval rate went down from 55% to 50% according to the latest CNN polls. The president is losing the support of independent voters and low income men. Slowly but surely, hope is transforming to disillusionment. While we all agree that the economy is hitting him badly, the president seems surprised by the reality of the presidency, shocked by the [...]

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The IMF (International Monetary Fund) has called for a dollar alternative as the world’s reserve currency. That move symbolizes the decline of US power and influence in the world. Like an old lion, the US scares with its name, not by its power, anymore. The rising of China scares many in the US. But the truth [...]

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Want to see the faces of evil and greed? Watch the former and current Goldman Sachs executives being grilled by the US Senate Permanent Subcommittee on Investigations.  The executives were asked to explain how they packaged complex mortgage-backed securities and sold them to investors, knowing that the housing market was about to collapse. That was fraud. What [...]

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Americans are still very divided over the bailout of banks and automobile companies. Even economists are divided over the effects of that massive bailout. The best way that the American people can see that their government is in their side is for it to reform the financial sector. Sometimes Americans do not like to hear or [...]

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The G20 leaders summit on the world economy held in London just ended. The G20 countries, which represent about 85 percent of the global economy, pledged no new stimulus spending but they agreed to commit billions to world trade and International Monetary Fund. I am skeptical about all these promises. The poor countries were not [...]

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Sometimes, heroes are not recognized because they work in the shadows. I’m referring to Tim Geithner, responsible for fixing the financial sector, the engine for the economic recovery. Obama‘s approval rating should be credited to this man who was unjustly targeted by the GOP, calling for him to resign from his job. Tim Geithner didn’t [...]

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Doctors around the US are reporting a sharp increase in the number of vasectomies. Definitely with the economy down, families across the country are taking drastic resolutions to spend less. The desire to have less children is due to how expensive childcare and health care are. This economic situation explains how finances determine reproduction (number [...]

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America is outraged about the AIG executive bonuses. The people’s reaction is understandable. When I think back about those who were against the bailout, I couldn’t understand–as a foreigner–why the opposition. But, now I see it. This type of behavior is basically an insult to someone who is rescuing you. It is difficult to comprehend. [...]

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