National Debt Grows $1 Million a Minute - New York Times: "WASHINGTON (AP) -- Like a ticking time bomb, the national debt is an explosion waiting to happen. It's expanding by about $1.4 billion a day -- or nearly $1 million a minute. What's that mean to you? It means almost $30,000 in debt for each man, woman, child and infant in the United States. Even if you've escaped the recent housing and credit crunches and are coping with rising fuel prices, you may still be headed for economic misery, along with the rest of the country. That's because the government is fast straining resources needed to meet interest payments on the national debt, which stands at a mind-numbing $9.13 trillion."
Broken Spring? : Information Clearing House This is a sequel to my June 2011 article, ‘After the spring’, on the upheavals in the Arab world. It is an article that has been painful to write, because it brings bad tidings and offers a pessimistic analysis of the upheavals, at least in the short term, in a number of Arab countries. The outcomes and potential outcomes of these uprisings have also acquired new, very significant dimensions. These include a complex entanglement with the accelerated preparations for a possible attack on Iran, and a poisonous, sectarian aspect that could have the consequence of ripping Syria and the Middle East apart.
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