6 Ways The Fiscal Cliff Could Affect You

Federal Reserve chairman Ben Bernanke used the term "fiscal cliff," it quickly became the newest Washington buzzphrase. As the deadline to avert the cliff nears, it has overtaken the European debt crisis as the most talked-about story in the financial media. The fiscal cliff refers to the enactment of a number of laws that would, if not changed before Jan. 1, 2013, FULL STORY

The U.S. Recovery Has Been Spectacular*

We need a real recovery. That's what Mitt Romney said during the campaign, and he was right. Five years since the start of the Great Recession, unemployment is still far too high. It's not for a lack of optimism among policymakers. As Evan Soltas pointed out, the Federal Reserve keeps predicting that prosperity is just around the corner, only to find it's not. Catchup growth is the new Godot. FULL STORY *Compared to almost every other rich country and almost every other financial crisis.

Fiscal cliff would drive the U.S. economy back into recession.

Fiscal cliff would drive the U.S. economy back into recession before end of 2013, a new report from the Congressional Budget Office said. Congressional Budget Office released a report showing that the most harmful consequences of the fiscal cliff, a fully armed and operational fiscal cliff would cost us 3.4 million jobs. Obama Fiscal Cliff Deal Risks Brush With Recession

Barack Obama wins election for second term as president

President Barack Obama handily defeated Gov. Mitt Romney and won himself a second term Tuesday after a bitter and historically expensive race that was primarily fought in just a handful of battleground states. Networks project that Obama beat Romney after nabbing the crucial state of Ohio. FULL STORY

Do companies get a tax break for shipping U.S. jobs overseas?

A: Not specifically for that reason. But companies can deduct business expenses, including the cost of moving a job to another state or even out of the country. FULL STORY

Has President Obama kept his campaign promises?

On our Obameter, we've rated 38 percent as Kept, 16 percent Compromise and 17 percent Broken. Four years ago, Barack Obama made an extraordinary number of campaign promises -- 508 -- on everything from taxes to whaling. We've been tracking each one and have rated them on our Obameter, a five-level scale from Stalled to Promise Kept. FULL STORY

Congress To Fund Massive Expansion Of TSA Checkpoints

Congress is set to give the green light on funding for a massive expansion of TSA checkpoints, with the federal agency already responsible for over..

Source: www.infowars.com

'IDOL' Contestant Brutally Beaten By Gang Of Girls

Administrators at Brooklyn Academy High School in Bedford-Stuyvesant canceled Friday's talent show in the wake of a all-girl gang assault..

Source: www.wpix.com

HOPELESS: Suicide Rates Rise as Economy Falls

Suicide rates in the U.S. tend to rise during recessions and fall amid economic booms, according to study from..

Source: www.bloomberg.com

TSA Still Groping Children

TSA still groping kids...and drug testing them..

Source: www.drudgereport.com

JAPAN ROCKED BY NEW 7.1 MEGA QUAKE

A magnitude-7.4 aftershock rattled Japan on Thursday night, knocking out power across a large swath of the northern part of the country nearly a month...

Source: http://news.yahoo.com

Earthquake: 10,000 people missing from town of 17,000

Half of the population of a Japanese coastal town are still unaccounted for as the death toll from the massive earthquake and tsunami looks set to rise…

Source: www.dailymail.co.uk

Wife stabbed 23 times by rich husband for having Facebook affair

A man has described the chilling moment he found his neighbour bleeding to death in a hedge after she was allegedly stabbed 23 times by her wealthy American husband…

Source: www.dailymail.co.uk