On Friday, we learned that the official “unemployment rate” has fallen to 5.5 percent. Since an unemployment rate of 5 percent is considered to be “full employment” by many economists, many in the mainstream media took this as a sign that the U.S. economy has almost fully “recovered” since the last recession.  In fact, according to the Wall Street Journal, some Federal Reserve officials believe that “the U.S. economy is already at full employment“.  But how can this possibly be?  It certainly does not square with reality.  Personally, I know people that have been struggling with unemployment for years and that still cannot find a decent job.  And I get emails from readers all the time that are heart ... Read more »

“What are we going to negotiate about? What I would say is, ‘Listen, you see that desert out there? I want to show you something,'” Adelson said at Yeshiva University. “You pick up your cellphone, and you call somewhere in Nebraska, and you say, ‘okay, let it go.’ So there’s an atomic weapon goes over — ballistic missiles — in the middle of the desert that doesn’t hurt a soul.”

Adelson continued: “Then you say, ‘See? The next one is in the middle of Tehran.’ So, we mean business. You want to be wiped out? Go ahead and take a tough position and continue with your nuclear development.

– From the Washington Post article: Adelson: Obama Should Fire Nuke to Send Mess ... Read more »