Once again I find that Xavier Sala-i-Martin does not understand economic theory. The parable of the broken window, which he explains in the video below (after the jump), says the following: A child smashes a window, and the window is being repaired for 1,000 euros. The new window has to be created, which creates...
Berkshire and 3G’s $28 billion bid for the ketchup maker could be Warren Buffett’s richest deal yet. Warren Buffett FORTUNE — Part of the mystique, and down-home charm, of Warren Buffett is the belief that most of all he is always looking for a good bargain. Did he get one with Heinz? It’s not...
Few thousands fighters under Taliban leader Mullah Omar and Hizb-e-Islami leader Gulbadin Hikmatyar have been fighting the occupation forces and ANSF for twelve years. The resistance forces consider ANSF and ruling regime led by Karzai as collaborators while the latter view the Taliban as extremists and anti-democratic. The US punished them for collaborating...
Silenced and Smeared Veterans Today and her sister websites were hacked. We have been working several stories, including one involving a certain “closest ally America has” that we now know supplied North Korea with her new miniature thermonuclear (hydrogen) bomb. In honor of our beloved ally, we include this parody of the Senate hearings...
Three Old Veterans Guard members protest conditions at the Los Angeles National Veterans Home campus on the corner of Wilshire and San Vicente in West L.A on Jan. 13, 2013. (L-R) Bob Rosebrock, 70; Larry Kegel, 74; and David Bischoff, 66, all served in the Army during the Vietnam War. (Robin Kemker/The Epoch Times)...
Pope Benedict to seek immunity and protection from Italian President Giorgio Napolitano on February 23 Posted on February 14, 2013 by itccs International Tribunal calls on Napolitano to “not collude in criminality”, and announces global campaign to occupy Vatican property and launch human rights inquiry in Italy Rome (9 am local time): Pope Benedict,...
