Authored by Simon Black via SovereignMan.com,
On September 17, 1787 on the final day of the Constitutional Convention in Philadelphia, Benjamin Franklin was approached by a woman as he walked out of Independence Hall.
“Well Doctor, what have we got– a republic, or a monarchy?” she asked.
It was a burning question on everyone’s mind: what form of government would the Constitutional delegates establish for the new country?
Authored by Darius Shahtahmasebi via TheAntiMedia.org,
Last week, former Secretary of State Condoleezza Rice made some surprising admissions about the wars in Afghanistan and Iraq, claiming U.S.-led interventions in the Middle East were not about spreading democracy but were instead about addressing security issues.
During an interview at the Brooking Institute last Thursday, Rice stated the following:
Via The Daily Bell
Imagine if a third of your family died of the plague as religious fanatics preached “The end is nigh!” and threatened that the few pleasures you could squeeze out of life would lead to your eternal damnation. As wars raged around you, surrounded by death, disease, and the lowest grimy depths of poverty, it would be understandable to think the world was in the midst of an apocalyptic collapse.
Hardly ever been better...
Continuing Jobless Claims data printed 1.898 million last week. America has not seen a lower level of claims since 1973...
So stop whining America, you never had it so good. Unless of course, this data is entirely useless.
Back in February we reported that as America's deflationary wave spread through the grocery store supply chain, the scramble for America's bottom dollar was on, and it prompted America's largest low-cost retailer Wal-Mart to not only cut prices, but to squeeze suppliers in a stealthy war for market share and maximizing profits, a scramble for market share which is oddly reminiscent of the OPEC 2014 price fiasco and is certain to unleash a deflationary shock across wide portions of the US economy.