The Economic Crisis Is Accelerating Because Debt Is Not Wealth

Debt on debt is not going create wealth. The world is swimming in unfathomable debt. The question is, when will this global economic system go down in flames?

World Bank warns of food riots as rising food prices push world populations toward revolt

A new report issued by the World Bank (1) warns that food prices are skyrocketing globally, with wheat up 18 percent and corn up 12 percent this quarter. Ukraine, one of the largest wheat exporters in the world, has suffered a 73 percent increase in domestic wheat costs. Argentina has seen wheat prices skyrocket 70 percent.

375-Pound Military Drone Crashes Near Pennsylvania Elementary School

Pennsylvania authorities are investigating Thursday as to why an unmanned drone crash landed near a Pennsylvania elementary school. The Lebanon Daily News identified the 375-pound drone as a RQ-7 Shadow, operated by the Pennsylvania Army National Guard. A military official called Wednesday afternoon’s incident a hard landing, but the drone was apparently...

Flight MH370 Made Turn-Back, Last Tracked Over the Straights of Malacca 1-Hour After Transponder Shutdown

A few more pieces of the jig-saw puzzle have come together as it has now been reported by the Malaysian military that Malaysian Air flight MH370 was tracked on radar headed west over one hour after the tower had lost contact with the eastbound aircraft carrying 239 passengers. The military reported that they eventually lost contact with the airliner at about...

Israeli Company to Build Surveillance Towers on Arizona’s Border with Mexico

Israeli defense firm Elbit has been awarded a $145 million contract by the US Department of Homeland Security to construct a series of surveillance towers on Arizona’s border with Mexico, the company announced on Sunday.

A Florida County Spent Over $5 Million Jailing Homeless People. It Could’ve Spent Less On Shelter

Florida county has spent more than $5 million over the past nine years throwing chronically homeless people in jail, when it could have spent considerably less finding them shelter. In its annual report on the state of homelessness in Osceola County, Fla., Impact Homelessness — a local advocacy group — found that the county continues to spend a...