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  • Pope reportedly displeased at lavish canonization banquet
    Pope reportedly displeased at lavish canonization banquet
    Cardinal Giuseppe Versaldi, Vatican Prefect for Economic Affairs, has revealed to the news media today that Pope Francis was apparently highly displeased by the nature of an extravagant banquet that took place on the veranda of the offices of that...
  • Economist on 'permatemp' data: 'looks like there could be a structural shift'.
    Economist on 'permatemp' data: 'looks like there could be a structural shift'
    In an uncertain economic environment, employers may need to increase or reduce their workforce more easily, and a senior economist at Upjohn Institute for Employment Research believes that the recent rise in temporary and contract employees might...
  • (L-R) Rep. Devin Nunes (R-CA), House Budget Committee Chairman Paul Ryan (R-WI) and Rep. Kevin Brady (R-TX)
    GOP budget passed, austerity for working families, lowers taxes for the rich
    The Republican controlled House of Representatives voted on the Paul Ryan budget today that will slash programs for seniors, low income families and the working poor by $5 trillion over the coming decade, while cutting tax rates for the rich. The...
  • God's work; God's will
    Archbishop’s home draws attention to how clergy lives
    According to an April 5 article in ABC News; Atlanta Archbishop Wilton Gregory has agreed to move out of the home he moved into only 3 months earlier. The home, a $2.2 million dollar mansion, is in affluent Atlanta community of Buckhead County,The...
  • Capitol Hill
    The economy is about sustainability, not about austerity, and spending
    Our nation and our enterprises, both private and public are about the business of optimizing return on national resources to ensure a good life for all citizens. It is about operating with rules and a balance of consequences that encourage self...
  • Billionaire and left-wing activist George Soros
    George Soros bashes Tea Party, laments 'absence of proper global governance'
    In an OpEd re-published at the Moscow Times on Sunday, regarding his perception of the state of the global economy, billionaire George Soros made several radical observations.Most of the coverage has been surrounding Soros' views on a...
  • Pope Francis I
    Pope Francis ousts Bishop of bling for excesses
    Pope Francis I is living up to his promise to focus on the poor. The German Bishop Franz Peter Tebartz-van Elst is finding that Pope Francis is very sincere in his opposition to opulent spending by those within the church hierarchy. You can read...
  • Speaker of the House John Boehner (R-OH)
    Report: Unemployment would be below 6 percent if the GOP didn't force austerity
    With the government now shutdown, the monthly jobs report was not available on Friday morning like it usually is every month.On that first Friday of the month at 8:30pm EST, the previous months jobs report is released. Due to Republicans and...
  • Mayor Michael Bloomberg warns about ballooning pension costs for NYC
    Mayor Michael Bloomberg warns NYC could become Detroit
    In a speech on Tuesday,Mayor Michael Bloomberg warned that New York could become the next Detroit.Sally Goldenberg from the New York Post reported that Bloomberg said that unless the next mayor gets "realistic with municipal unions and reins...
  • Greece PM Samaras
    Greece: 25,000 public sector employees heading to job purgatory, more to follow
    Controversial plans to slash 25,000 public sector jobs has many Greeks protesting in the streets as the country comes to a standstill in the fourth general strike this year.A story in the Guardian quotes Dr. Thanos Dokos who is the director...
  • Agency wastes millions in tax dollars
    Budget cuts prevent agency from destroying millions worth of computer equipment
    A federal agency unnecessarily destroyed $170,000 worth of computing hardware, and planned to destroy $3 million more, in response to garden-variety malware that posed no “significant risk” and was easy to guard against. The agency...
  • The automated 21st Century
    Austerity inconsistent with the 21st century
    Thousands of people took to the streets of Athens, Greece on May Day to protest the government's austerity measures. People are panicking in streets all over Europe as higher prices and ever increasing expenses are leaving them stranded in a...
  • Tom Coburn
    Tom Coburn proves that ideology trumps common sense
    On May 20, 2013, the highestvelocity of wind ever recorded on earth was measured in Moore, Oklahoma. It is estimated that the wind gusts reached speeds in excess of 200 mph. At first reports it was estimated that 51 people had lost their lives in...
  • Gold council recommends Italy use gold
    Gold council recommends Italy use gold
    The World Gold Council has advised Italy to deploy its 2,000 tonnes of gold to break free of EMU austerity dictates.By using the reserves, the world's fourth largest, to collateralize the first chunk of any losses for bondholders, Italy could...
  • EU slumps
    EU slumps
    Surveys of private-sector activity in the eurozone have confirmed what many already knew: the core countries of France and Germany are being dragged down by Spain, Italy and the periphery of Portugal, Ireland and Greece.Germany was the last domino...