Banks fullfill a very important function in society, by storing money securely, paying interest for investors and making loans to debtors. It is especially the middle class and the poor who profit from stable banks. A rich man is able to buy a factory as an investment, mere mortals cannot and have to rely on banks.
The U.S. government was not an example for fiscal responsibility for a long time (maybe never), but the Obama administration has - despite being in a recession - set new records for spending money on questionable things.
Internal emails of the Stratfor company, which provides confidential intelligence services to large corporations and government agencies, including the U.S. Department of Homeland Security, the U.S. Marines and the U.S. Defense Intelligence Agency, provide evidence of voting fraud in the 2008 presidential elections.
An investment-funds promises to earn money on the stock exchange without caring about the companies in which it is invested and without risk - unfortunately that is just an illusion.
The employees of the ECB demand a guarantee against inflation for their pensions. The belief in the promise of stability by the central bank seems to falter.
Many socialists (from both the national and the international variant) see the stock exchange as some fundamentally evil institution which should be regulated, strictly controlled or even completely forbidden. The other extreme are "mainstream"-economists, most bankers and many politicians (very often the same who request strict regulation) who see the stock exchange (indirectly, through funds) as an investment or pension scheme for everybody.
Since about 1900, historians and the general public have assumed that 618,222 men died in the American Civil War. New estimates, based on Census data, indicate that the death toll was approximately 750,000, and may have been as high as 850,000.
New archaeological evidence suggests that America was first discovered by Stone Age people from Europe – 10,000 years before the Siberian-originating ancestors of the American Indians set foot in the New World.
Since the Democratic Alliance (DA) won in the Western Cape province in 2009, the province has become an object of hatred for the African National Congress (ANC), which is in power at the federal level and in all other provinces.
The idea of a "bad bank", a bank that buys worthless paper assets from privileged owners (in other words from banks, not from private citizens) is already widely known.
The Nazi-regime harbored and protected many criminals. In fact the regime was so criminal that it is unclear whether many members committed crimes to push a political agenda or joined a political movement in order to commit crimes. Ernst Röhm, Edmund Heines, Violette Morris and many others enjoyed violence as such. The distinction between political violence (intimidation and elimination of dissidents) and sadistic violence for personal gratification is fuzzy for such characters.
Ken Livingston, Labour's candidate for mayor of London also said: “I want to spend the next four years making sure that every non-Muslim in London knows and understands [Mohammed's] words and message.” and promised to Muslims to “make your life a bit easier financially.”
Lieutenant colonel Daniel L. Davis, who served in Operation Desert Storm, in Afghanistan in 2005-06 and in Iraq in 2008-09 has spent the whole year 2011 in Afghanistan in his second combat deployment and has interviewed more than 250 US-soldiers and many Afghan security officials, civilians and a few village elders in that time.
Officially, the Great Depression was caused by evil, anonymous and mysterious forces, but a rational investigation yields a completely different picture.
Also, the US has given 84 F-15 fighter jets to ally Saudi-Arabia, has declared to continue the drone campaign in Iran and has moved aircraft carrier Carl Vinson into the Arabian Sea, which has joined aircraft carrier John C. Stennis, which has been already stationed outside of the Strait of Hormuz.
Economic growth is officially defined as the nominal growth of the gross domestic product minus the official inflation. The inflation is calculated with a market basket. By selecting the goods in the market basket accordingly, the official figures of economic growth can be increased.
In 2009, the Obama administration invested half a billion dollars in an unproven upstart energy company which was largely owned by Oklahoma's wealthiest man and Obama fundraiser George B. Kaiser via two investment vehicles. The company went bankrupt in September 2011, just as predicted two years earlier.
Keynes was his whole life a politician in the British Empire, but still he is today usually called an economist. He triggered the so-called "Keynesian Revolution", which had substantially influenced our current economic system. But what is Keynesianism and what does it mean for us today?
One underreported aspect of the "Occupy Wall Street" movement is the seemingly rampant crime problem which the movement itself seems to see as rather embarrassing. One branch even told rape victims not to go to the police and offered counseling - for the rapists. On top of that we saw a gang killing and a suicide within the group.
German chancellor Angela Merkel said that "it must be prevented that others come seeking a haircut". The good news is that Merkel seems to have understood moral hazard. The bad news is that there is no more a good way out of the crisis left because in the European Union, crime does pay - if on a large enough scale.
It is often said that space tourism has started 2001, but in reality it has started two decades earlier, in 1982, when the Space Shuttle was launched into space with more than two astronauts.
A more objective view of the case shows two completely innocent people spending four years in prison for a crime without any evidence whatsoever and a complicit media that deliberately and willingly created "Foxy Knoxy", the "angel faced killer with ice cold eyes" which never existed.
Ron Paul hits the nerve of the American establishment, because even though he polls well and performs outstandingly at discussions, he is largely ignored in the mainstream-media.