President Obama

Iran To Give Back Drone As A Toy

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Iran Says It Will Give Back The Downed US Sentinel Drone — As A Toy Model Is Iran’s display of a sense of  humor a break in the tension between the two Nations or an attempt to belittle the American military in the eyes of Iranian citizens?  I think the $4 price tag suggests the latter.. After losing the RQ-170 drone in the skies over Iran in November, the White House first admitted the drone was real, and then further outraged the Iranians by asking for it back. With a burst of Irony, Tehran has agreed to comply, but instead … Read more

Obama’s Attack on Goldman Sachs May Trigger Recession

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The regulators Goldman Sachs NYSE:GS witch hunt is spooking investors. Goldman shares fell sharply in the final minutes of regular trading after Reuters reporting the hiring, finishing down 4.7 percent at $106.51, their lowest level since March 2009. They slipped further in after-hours trade to $105.45. Should a large scale prosecution or arrest be made the US market faces a real crisis. Whilst it has been a bumpy economic year in the USA it is our opinion the economy has recovered well from the 2008 disasters despite poor administration and wasteful spending in the White House. However, Obama’s latest attack … Read more

Biden to Defend Obamanomics in China

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The People’s Daily, the official newspaper of China’s ruling Communist Party, spelled out Beijing’s chief concerns ahead of Biden’s arrival in Beijing on Wednesday evening local time, when he was greeted by senior Chinese diplomats. China wants Biden to reinforce U.S. assurances that its holdings of dollar assets and U.S. Treasury debt remain safe, despite Standard & Poor’s recent downgrade of the sovereign credit rating of the United States, the paper indicated. Since the Standard & Poor’s ratings downgrade in August, Chinese state media have accused Washington of reckless fiscal policies that have created uncertainty about Beijing’s big holdings of … Read more