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The world economy is in a very fragile state, despite the fact that world gross domestic product is growing at a rate of about 4.3 percent this year. Most of the growth comes from emerging markets like China, Brazil and India. What differentiates these nations from the West is they typically have much lower levels of debt.
Representatives Dennis Kucinich (D-Ohio) and Walter Jones (R-N.C.) led a bipartisan group of 10 Congressional lawmakers filing a suit in Federal court against President Barack Obama and Secretary of Defense Robert Gates, challenging the commitment of the United States to war in Libya without the Constitutionally required approval of Congress.
When the White House announced President Barack Obama’s trip to Puerto Rico, it mistakenly claimed he would be the first President to visit the territory since John F. Kennedy. In fact, two Presidents had visited Puerto Rico since JFK — President Lyndon B. Johnson and President Gerald Ford, respectively. The error, which could have easily been corrected by a White House staffer, was reported by the mainstream media as fact.
House Speaker John Boehner (R-Ohio) warned President Barack Obama that he might end up being in violation of the Constitution for the military actions in Libya.
Texas Governor Rick Perry, a Republican, recently criticized the Barack Obama Administration for its stance on abortion and stem cell research.
On June 14, 1777, Congress passed a resolution that read: “Resolved, that the flag of the thirteen United States shall be thirteen stripes, alternate red and white; that the Union be thirteen stars, white on a blue field, representing a new constellation.”
Lawmakers in New York say they are close to legalizing gay marriage. Such a law would make New York the largest state to extend marriage rights to same-sex couples.
Who killed the U.S. dollar? This question will be debated by future historians. Already, more people are asking that question than tuned in to find out who shot J.R. on Dallas. The lineup of suspects is long, but it ends with Barack Obama, the triggerman who killed the buck.
While a wave of enthusiasm swept Barack Obama into the White House in 2008, the President is reportedly facing much bleaker prospects in certain States as he attempts to get re-elected. A large majority of Americans disapprove of Obama’s handling of the economy.
Hackers are getting a lot of press lately for using their skills to effect change (or wreak havoc) on a global scale. High-profile cyberattacks have started a cybersecurity panic. Governments across the globe are calling for international Internet-control measures.