Tag: china

August 25, 2012 0

2012 US Elections: Obamney vs. Rombama

By News Desk

Saturday, August 25, 2012 2012 US Elections: Obamney vs. Rombama War, economic collapse, and personal devastation await Americans no matter who they vote for – and what we should do instead. by Tony Cartalucci August 25, 2012 -A vote for Obama will bring war with Syria, Iran, and eventually Russia and China.

August 22, 2012 0

CBO Expects 2013 "Fiscal Cliff" Recession Because of Automatic Spending Cuts and Tax Hikes

By News Desk

CBO Expects 2013 "Fiscal Cliff" Recession Because of Automatic Spending Cuts and Tax Hikes Automatic tax hikes and spending cuts will go into effect in 2013 causing a "fiscal cliff" recession according to the CBO. Massive spending cuts and tax hikes due next year will cause even worse economic damage than previously thought if Washington fails to come up with a solution, Congress’ budget referee said on Wednesday. The Congressional Budget Office said failure to avoid the so-called "fiscal cliff" of expiring tax cuts and automatic spending reductions would cause U.S