Are you worried about the government running deficits in the hundreds of billions of dollars and a debt in the TRILLIONS? If so, then you should be really angry at people calling for the Federal Reserve Board to raise interest rates. If the rate hikers get their way, they will add trillions of dollars to the debt burden borne by our children and grandchildren. Okay, I’ll stop with the deficit hawk garbage, but there is a simple point here. If the Fed slows the economy and keeps people from getting jobs, we will face larger budget deficits.
Continue reading The Inflation Fighters Want to Increase the Debt Burden on Our Children
A Frankfurt court tells car pick-up service Uber to stop taking passengers or face a fine because it lacks permits to operate in Germany.
Continue reading Uber banned across Germany by court
A man and a woman killed in an explosion in Cumbria on Saturday were fireworks technicians preparing a wedding party display, the fire brigade says.
Continue reading Firework blast killed technicians
A killer who stabbed a teenager to death in 1997 may escape justice after evidence was contaminated during forensic work, the BBC can reveal.
Continue reading Girl’s killer ‘may never be caught’
Most British businesses want the UK to renegotiate its relationship with the EU, according to a British Chambers of Commerce survey.
Continue reading UK businesses ‘want new EU deal’
Ukraine says it will not “fall into same trap twice” over Russian gas prices, rejecting a deal to decrease the price it will pay on a disputed debt.
Continue reading Ukraine rejects Russian gas ‘trap’