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White House Czar Calls for End to ‘War on Drugs’

by Mac Slavo | May 14, 2009 | Headline News

The Wall Street Journal Reports: The Obama administration’s new drug czar says he wants to banish the idea that the U.S. is fighting “a war on drugs,” a move that would underscore a shift favoring treatment over incarceration in trying to reduce...

Banned from Britain: Talk Show Host Michael Savage No Longer Allowed on British Soil

by Mac Slavo | May 5, 2009 | Headline News

Radio host Michael Savage has been banned from the United Kingdom as of May 5, 2009. Home Secretary of Britain, Jacqui Smith, claims that Savage ferments hatred of such extreme views that it is likely to cause inter-community violence if he were allowed into the...

Amazon CEO Jeff Bezos Unloads $250 Million Worth of Amazon Stock in 5 Days

by Mac Slavo | May 5, 2009 | Headline News

Inquiring minds want to know why CEO of Amazon.com Jeff Bezos has unloaded $380 Million worth of Amazon stock since February, and over $250 million in just the last 5 days as Amazon stock is rising during the market rally. Retail stocks have been on fire over the past...

The Rise Of China: Doubles Military Spending, Focused on US Asian Intersts

by Mac Slavo | May 4, 2009 | Headline News

Reuters reports that China’s military is expanding to protect its security needs and may be focusing on US intersts in the region: “They are developing capabilities that are very maritime focused, maritime and air focused, and in many ways, very much...

Get Ready for Freaky Friday: Stress Tests to be Released Thursday after Market Close

by Mac Slavo | May 2, 2009 | Forecasting, Headline News

Bloomberg reports that the much anticipated bank stress tests will be released Thursday, May 7 after the close of the stock markets. The markets have stagnated over the last week or so while investors await the results. Paul Miller, a former bank examiner and current...

The Recession is Over – Depression Has Been Avoided

by Mac Slavo | May 1, 2009 | Headline News

If you happen to be perusing the internet these days, you’d think the recession is over, we’ve avoided depression, and home prices were about to recover fully: Reuters: Consumer Sentiment Soars as Confidence Returns CNN: Manufacturing Activity Picks Up...
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