Pope: Unemployment is unfair
ROME A close look at Italy's social welfare state should give Americans a good idea of how high rates of unemployment are viewed in a country where corporations no longer are presumed to have the right to fire employees at will. Italian workers typic...
Revolution in natural gas technology
Largely ignored by the mainstream media is an energy revolution that is taking place with an unprecedented volume of natural gas extracted from shale coming to market. Largely benefited by technological advances that permit what is called horizontal ...
Israel to join the EU?
ROME Last week while in Israel, Italy's president of the Council of Ministers Silvio Berlusconi proved once again that Italy is one of Israel's most committed allies by suggesting that he would like to see Israel invited to join the European Union. A...
U.S. unemployment rate: 21.2%
The unemployment picture in January was not an improvement to 9.7 percent, as reported by the Bureau of Labor Statistics and the mainstream media, but 21.2 percent, once we take into consideration those in the labor force who are considered long-term...
2nd phase of double-dip recession
The global economy appears to be entering the second phase of the double-dip recession, precipitated by the growing crisis of public debt in the United States and the European Union. With unsustainable levels of debt arising not only in the U.S., but...
Obama scraps moon mission
The Obama administration plans to ax NASA plans to return astronauts to the moon, according to anticipated 2001 federal budget the White House aims to release to Congress in the first week of February. Instead, the Obama administration plans to reori...
Does Obama intend to destroy capitalism?
Watching the Senate press last week toward passage of President Obama's universal health care, my Red Alert is forced to contemplate whether a socialist agenda is intending to bankrupt the United States with trillion-dollar social-welfare programs th...