Fed tests banks for more recession

SUBHEAD: The Federal Reserve tells U.S. banks to test their capital for a continued recession with 11% unemployment.By Craig Torres & Hugh Son on 17 February 2011 for Bloomberg News - (http://www.bloomberg.com/news/2011-02-17/fed-tells-banks-to-stress-test-capital-for-recession-with-11-unemployment.html)Image above: On the way through the Great Recession. From (http://nwgasbdc.blogspot.com/2010/

The Great Unravelling

SUBHEAD: Tunisia, Egypt and the protracted collapse of the American empire.By Dr. Nafeez Mosaddeq Ahmed on 1 February 2011 in Energy Bulletin - (http://www.energybulletin.net/stories/2011-02-01/great-unravelling-tunisia-egypt-and-protracted-collapse-american-empire)Image: Egyptian bread ready for sale in front of fading poster of Hosni Mubarik. From (http://www.greywoolknickers.net/?p=79=1). The

Revolutionary Moment

SUBHEAD: No wonder President Obama and congress are trying to stuff the country full of sugar plums just to get past the horror of Christmas.By James Kunstlers on 13 December 2010 for Kunstler.com - (http://kunstler.com/blog/2010/12/the-revolutionary-moment.html)Image above: A Price Chopper store in the snow. From (http://public.fotki.com/KMRichute01/the_snows_of_decemb/im000011.html).I

A New Era???

SUBHEAD: Decline is the new normal. The only remaining US growth industries are food-stamps and poverty.By Steve Ludlum on 4 December 2010 in Economic Undertow -(http://economic-undertow.blogspot.com/2010/12/new-era.html)Image above: Seven-Eleven signals policy on Slurpee purchase payments. From (http://www.moonbattery.com/archives/2010/08/so-there-are-li.html). "Buy some silver and put JP