Looming Dark Clouds on Walmart’s Horizon: Open Letter to Mark Duke, CEO of Walmart

by Ralph Nader, Consumer Advocate, Lawyer, Author and Former U.S. Presidential Candidate January 18, 2013 (TSR) - Dear Mr. Duke, Walmart, your gigantic company, is increasingly being challenged by your workers,...

Let’s not insult Prostitutes: U.S. Politicians are not Whores, but PIMPS

Many people have called U.S. politicians prostitutes. True, Obama has received more donations from Goldman Sachs and the rest of the financial industry than almost anyone else. Of course, let us not forget Romney donations. And Summers (former Harvard Dean) and the rest of Obama’s economic team have made many millions from the financial industry. Then you have U.S. Congress has largely been bought and paid for, and two powerful congressmen have said that banks run Congress. So yes, they have certainly sold their goods to the highest bidders. Indeed, at least some people trust prostitutes more than elected officials. But the prostitution analogy is inaccurate. Dr. Donald J. Bordeaux, American Economist, Author, Professor, and former Chairman of the Department of Economics at George Mason University corrects this analogy as it insults prostitutes. He correctly calls U.S. Politicians are PIMPS as they coerce the American people to do what they don't want to do.

Walmart and the shadow of corruption: The Inside Story of India Fallout and Mexico...

Jan. 15, 2013 (TSR) - Walmart is investigating its Indian joint venture for possible violations of the US anti-corruption law it is governed by. ET narrates the inside story...

How to Tackle the $16.4T Deficit? Republicans set to let US default

To force the Obama administration to cut spending, some House Republicans have advocated allowing the US to fall into default or shut down the government. By running out of money, the US would be unable to pay its bills as early as mid-February.

U.S. New Anti-China Propaganda Stripped: NDAA Chinese tunnel scare ‘smokescreen for US nuclear intentions’

Jan. 14, 2013 (TSR) - A US defense report has called for contingency planning to neutralize a vast Chinese tunnel network with both “conventional and nuclear forces.” James Corbett...

Multinational Companies digging their own graves in China: Consumer trust eroding

Jan. 13, 2013 (TSR) - Some foreign companies are digging their own graves in the world's top consumer market by eroding the trust of Chinese customers. These multinational businesses could...

Financial Fraud and The Bank Bailouts: The U.S. Government’s Entire Strategy Was to Cover...

by Washington Blog Jan. 12, 2013 (TSR) - We noted in 2011 that the Geithner, Bernanke and Paulson lied about the health of the big banks in pitching bailouts to Congress...

By The Numbers: 20 Facts About The Collapse Of Europe That Everyone Should Know

Jan. 11, 2013 (TSR) - The economic implosion of Europe is accelerating. Even while the mainstream media continues to proclaim that the financial crisis in Europe has been “averted”,...

World Banking Regulators Revise Liquidity Rules for Banks

January 6, 2013 (TSR) - The Group of Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision, met today to consider the...

US dollar to collapse in 2013: Economist

Jan. 4, 2013 (TSR) - The US dollar is expected to take a value nosedive in 2013 if China refuses to continue financing Washington’s spiraling debt, an economic analyst...

US is world’s only nuclear criminal: Iran’s Jalili

January 4, 2013 (TSR) - Secretary of Iran’s Supreme National Security Council (SNSC) has condemned Washington’s insistence on keeping its nuclear arsenal, saying the US is the world’s sole...

Spain: the pain of austerity deepens

by Giles Tremlett January 2, 2013 (TSR) - Forget, for a moment, the Greek tragedy. The tale of social woe set to play out in Spain this year is both...