Just last week, the U.S., Britain and France renewed their pledge to keep military pressure on Moammar Gadhafi with the war in Libya.  What started out as a humanitarian mission has clearly turned into “regime change.”  An Associated Press story reported last week, “In a joint declaration, President Barack Obama, British Prime Minister David Cameron and French President Nicolas Sarkozy say they will not stop the campaign and will ‘remain united.’ (more…)

By Greg Hunter’s USAWatchdog.com

This week, President Obama gave a speech outlining his plan for long term deficit reduction.  He invited the Republican leadership for what many thought would be some sort of bi-partisan federal budget 2011 solution.  In reality, it was kind of a St. Valentine’s Day massacre because right off the bat, Mr. Obama pulled out the Presidential tommy-gun and started shooting. (more…)

By Greg Hunter’s USAWatchdog.com

The headline in yesterday’s USA Today read “The World to the Rescue.” It was followed by the sub-headline, “Japan crisis showcases social media’s muscle.” When I saw this, I immediately thought that the nuclear crisis was under control and folks were using the Internet to help the island country recover.

The story said, (more…)

There are those who feel some of the leadership of America has sold us down a river of ruin.  After all the bailouts, corruption and malfeasants that has brought a financial catastrophe to America, not a single financial elite has been indicted, let alone gone to jail.  Crimes have surely been committed, but it appears the U.S. Justice Department has turned its back on prosecuting anyone. (more…)

Congressional Leaders John Boehner and Harry Reid

By Greg Hunter’s USAWatchdog.com

It is looking more and more like the budget showdown between the Democrats and Republicans will turn into a government shutdown 2011 by this weekend. The Obama administration has already started to inform federal workers who will be required to still come to work and those who will be told to stay home.
(more…)

By Greg Hunter’s USAWatchdog.com

Gold hit another all-time high yesterday, closing well over $1,450 per ounce.  Silver’s closing price of more than $39 per ounce is the highest it has been in 31 years.  Why the big jump in gold and silver prices?  The answer is pretty scary because there are many reasons precious metals are heading higher.  Let’s start with the most obvious —inflation.  (more…)

NATO Air-Strike on Libya

By Greg Hunter’s USAWatchdog.com

The President and his supporters are going to great lengths to make it appear the military operation in Libya is not a war.  Deputy national security adviser Ben Rhodes called the NATO bombing in Libya “kinetic military action,” but not war. (more…)

By Greg Hunter’s USAWatchdog.com 

As I look over the news and try to find the one story that I need to comment on, I am overwhelmed.  I see the nuclear meltdown story in Japan and wonder how it will all turn out.  It is nowhere near under control.  We still do not know the full extent of the damage, but there are traces of radiation showing up in things like milk here in the U.S.  (more…)

Today is the day the United States turned over the Libyan no-fly-zone mission to NATO.  This idea sounds absurd to me because the U.S is the backbone of the North Atlantic Treaty Organization.

Former U.N. Ambassador John Bolton said, this week, handing over command and control from the U.S. to NATO was “like handing over from the right hand to the left hand.” (more…)

By Greg Hunter’s USAWatchdog.com

Last Friday, I wrote a piece called “Could America be Pushed over the Economic Edge?” It was about how Libya, Japan or even covert economic warfare (from America’s enemies) could push the U.S. into another financial meltdown.  I received a one sentence email from my friend Jim Sinclair that said, “We are way over the edge right now.” His message gave me a sinking feeling. (more…)

By Greg Hunter’s USAWatchdog.com

It’s official.  The U.S. transferred command of the Libyan no-fly-zone to NATO yesterday, but don’t think that ends U.S. involvement. Crienglish.com is reporting Secretary of State Hillary Clinton will be heading to London next week to discuss and coordinate military strategy. (more…)

By Greg Hunter’s USAWatchdog.com

Last Friday, the Federal Reserve announced it completed its so-called Fed stress test on 19 of the country’s largest banks. Improved financial health allows some banks to “increase or restart dividend payments, buy back shares, or repay government capital.” The news was met by some mainstream media outlets with jubilation, even though the Fed did not disclose which banks did well and which banks did not. (more…)

By Greg Hunter’s USAWatchdog.com

The U.S. signed on for another war this past weekend with Libya.  The action came after a much hyped U.N. Security Council resolution last week that allowed coalition nations “. . . to take all necessary measures to protect civilians under threat of attack in the country. . .”  The main component of the resolution is to enforce “a no-fly zone” so Libya’s leader, Muammar Gaddafi, cannot use air strikes against his own people.  This seems to be a noble action backed by the U.N. and the Arab League.  (more…)

Last year, I wrote a piece called “We Don’t Have Honest Money.” It’s about how the Fed is debasing our currency.  I wrote, “It is said, when empires fall, one of the first signs of decline is a debasement of the currency.   Long before the Roman Empire fell, its leaders debased the currency.  The debasement was small at first, but over time, precious metals were watered down and coin sizes shrank.  For example, silver coins ended up having so little silver in them they became unpopular and shunned.  A debased Roman currency brought, what else, inflation.  Sound familiar?” (more…)

By Greg Hunter’s USAWatchdog.com  (revised)

The situation in Japan is getting worse, not better. There are shortages in food, fuel and warm dry shelter. To make matters exponentially worse, nuclear power plants there continue to burn out of control and emit high levels of radiation. Japan is a stark reminder of how fast a modern technologically advanced society can be brought to its knees by an unforeseen calamity. (more…)