Newslinks 10/24/10

October 24, 2010 at 8:24 pm | Posted in Newslinks | Leave a comment
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Sunday’s Newslinks brought to you by At Ease Tees

 

National Debt Increases for 53rd Straight Fiscal Year; Jumped $1.65 Trillion in FY 2010
(CNSNews.com)
– The national debt increased for the 53rd straight fiscal year in fiscal 2010, when it jumped $1.65 trillion, according to data posted online by the Bureau of the Public Debt and confirmed by a spokesperson for the agency. The bureau says its reporting of the federal debt at the end of each fiscal year (as posted here) states exactly to the penny the full and actual amount the U.S. government has borrowed as of that date.

Value-Added Tax Would Hurt Economy, Kill Jobs, Business Group Study Finds
(CNSNews.com)
– An economic analysis sponsored by the National Retail Federation shows that a Value-Added Tax would damage economic growth and kill hundreds of thousands of jobs. The study showed that a large reduction in federal spending would be better for the economy. President Obama’s Fiscal Commission reportedly is considering a VAT as one option for reigning in out-of-control federal deficits.

Iran Elected to Chair OPEC Next Year; Dismisses Western Energy Sanctions as Ineffective
(CNSNews.com)
– For the first time since the Islamic revolution, Iran has been handed the rotating presidency of the OPEC cartel of oil-producing nations. The move comes at a time when Western governments are seeking to target Iran’s energy sector over its nuclear programs. Iran is pushing for oil to be priced against a currency, or basket of currencies, other than the U.S. dollar. Continue Reading Newslinks 10/24/10…

Newslinks 08/15/10

August 15, 2010 at 7:46 pm | Posted in Newslinks | Leave a comment
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Sunday’s Newslinks brought to you by At Ease Tees

Obama backs ‘gay’ group at U.N.
A homosexual activist group has side-stepped normal procedures to gain a non-government organization status at the United Nations.

GOP: Obama developing ‘backdoor amnesty plan’
The Obama administration is considering ways it could go around lawmakers to let illegal immigrants stay in the United States, according to an agency memo.

Another Democrat facing ethics charges
A second House Democrat, Rep. Maxine Waters of California, could be facing an ethics trial this fall, further complicating the midterm election outlook for the party as it battles to hold onto its majority.

Amish communities growing rapidly
A new study estimates the number of Amish in North America has doubled since 1992 and increased nearly 10 percent in the past two years alone.

Baptist World Alliance Confirms New President
Virginia native John Upton was elected Saturday to lead the Baptist World Alliance as its new president. The long-time Baptist succeeds David Coffey of the United Kingdom. Continue Reading Newslinks 08/15/10…


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