Hard hitting global and local news
More Christie Allegations: Mayor of Flooded Hoboken Claims "Christie Held City Hostage" New Jersey Governor Chris Christie has been damaged by numerous allegations involving political paybacks regarding lane closures on the George Washington Bridge that disrupted traffic for days. That scandal was bad, but at least Christie has claimed no personal involvement.
Originally posted here: Thailand: US-backed Regime Using Terrorism Against Occupy Bangkok Protesters
Continue Reading: Senator Whitehouse on the Response of Industry to Climate Change
View article: US’ Creeping Front Against Thailand
Original post: SYRIZA Surges in Greek Polls, Would Win Election if Held Today; Message People Want to Hear; Contagion Guarantee
Greece Will Default in May Without Another Bailout or Change in Terms Cash flow analysis shows Greece is in serious trouble again in spite of having a current account surplus. Specifically, Greece needs a change in payback terms or another bailout or it will default in August, if not May. I use the words "will default" imprecisely.
Via translation from La Vanguardia, please consider Bank Defaults Hit Record 13% in November . Delinquency ratio of banks, savings banks, cooperatives and credit institutions operating in Spain rose again in November to 13.08%, a level not seen since the data began to be collected, over 50 years
Earlier today, President Obama gave a long-awaited and long-winded speech on the NSA. The Washington Post has the transcript . Here are my thoughts: Obama says we need more "balance" between security and liberty.
Continue reading here: Canada Housing Bubble: Far Too Late for Warnings; Rule of Predictions
Read More: Thailand: "Men in Black" Terrorists Uncovered After Broad Daylight Grenade Attack