Month: November 2014

November 16, 2014 0

Sausage Making

By News Desk

Tweet Somebunny on the inside has been feeding the Guardian drafts of the G20 communiques.  The part on climate change started out a week ago as We support strong and effective action to address climate change, consistent with sustainable economic growth and certainty for business and investment.

November 13, 2014 0

Pentagon Says "Stop Defense Cut Madness"; Mish Investigates Alleged "Cuts"

By News Desk

The Mercatus Center put the "cuts" in perspective on August 21, 2012 (see above chart) in its report Defense Spending Will Continue To Grow In Spite of Automatic Cuts Set By BCA . As a result of Congress’s failure to come up with a $1.2 trillion deficit-reduction plan, automatic spending cuts or “sequestration†set by the Budget Control Act of 2011 (BCA) is set to take place from 2013 to 2021. As the threat of sequestration looms, concerns about cutbacks in defense spending have become a significant issue surrounding debates tied to national security and American jobs.