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The recently-retired banking oracle - who forecast the 2008 housing crisis - made the dramatic prediction this week.. Bove, 83, claimed other analysts won't make the same admission because they're 'monks praying to money' who rely on the mainstream financial system.. It comes despite the collapse of its property sector, which accounts for roughly a quarter of the country's economy, and US growth ... China will soon overtake the American economy and the US dollar will catastrophically collapse, according to famed financial analyst Richard X Bove. In a characteristically histrionic forecast, the recently-retired 83-year-old banking oracle has announced that 'the...

Captain Pelosi of the DNC airship "Hindenburg" If the name “Tim Ryan” sounds familiar to you, you’re probably remembering the strange feeling you had when you realized there was still one sane Democrat in Washington. Oh sure, in terms of policy they’re all nuts. Ryan is just as wrong as the rest of the Dems when it comes to his agenda. Pelosi reigns as a crazy, out-of-touch, leftist hell-bent on incinerating her party’s political Hindenburg

Oblivion," starring Tom Cruise and Morgan Freeman, took the No. 1 spot at the weekend box office with $38.152 million in gross receipts. "42," the Jackie Robinson story with Chadwick Boseman and Harrison Ford, stayed strong in its second week with $18.025 million, good for the No. 2 spot.

“Oblivion” is a spectacular science fiction movie... until it isn’t. Writer-director Joseph Kosinski (“Tron: Legacy”) has created a post-apocalyptic world so rich in detail and gorgeous design, that from the get-go it’s easy to assume this film will become a sci-fi classic. But as “Oblivion” crosses the threshold from the unknown to the all-too-obvious, the Tom Cruise alien adventure falls into familiar territory.

WASHINGTON (Reuters) - Congressional leaders rushed to line up Republican and Democratic votes on Monday for a White House-backed deal to raise the U.S. borrowing limit and avert an unprecedented debt default. With scars still fresh from the months-long brawl over increasing the $14.3 trillion debt ceiling, a new fight was shaping over the incendiary topic of taxes. Global markets showed signs of relief that the United States appeared to be dodging default, but fears that the country might still lose its triple-A credit rating even with a debt deal contributed to a fizzle in a brief stocks rally. "We...

21 years later, quiet day on Tiananmen Square By DAVID WIVELL (AP) – 12 hours ago BEIJING — Throngs of tourists and kite-flyers milled around Tiananmen Square on Friday under the watchful eye of security forces on alert for any attempt to commemorate the 21st anniversary of the bloody military crackdown on pro-democracy demonstrations. But in Hong Kong, the semiautonomous Chinese territory, the annual candlelight vigil drew thousands who took advantage of the freedom of speech in this former British colony. The crowd at Hong Kong's Victoria Park was large enough to fill six football pitches, though were no official...

Last week, during a bit of banter on Fox News, my colleague Jonah Goldberg reminded me of something I’d all but forgotten. Last September, during his address to Congress on health care, Barack Obama declared: “I am not the first President to take up this cause, but I am determined to be the last.” Dream on. The monstrous mountain of toxic pustules sprouting from greasy boils metastasizing from malign carbuncles that passed the Senate on Christmas Eve is not the last word in “health” “care,” but the first. It ensures that this is all we’ll be talking about, now and...

How much longer can the United States continue to spend more money than it takes in, and how much longer can we continue our spendthrift ways before something literally gives? The numbers are getting so big that they are beyond comprehension. For example, billions and trillions of dollars are almost impossible to understand. Generally, we seem to know what a million dollars can buy. We see the number in the prices of real estate and homes, or perhaps the statistics about various businesses. But, we rarely see big numbers illustrated in terms that are easier to visualize. For example, a...

LAURENS - Republican White House hopeful Fred Thompson said Wednesday that the United State's spending on programs like Medicare and welfare puts the country on a course for the same financial oblivion that brought down the Soviet Union during the Cold War. "We're doing it in a different way," Thompson said during a radio interview in response to a question about President Ronald Reagan's strategy of outspending the Soviet Union and whether the U.S. was now on the same course. "The bottom line could be the same." Recurring spending demands for programs that pay for health care, welfare and social...

For weeks, Americans were told that there are only two options for dealing with the nation's illegal immigration problem: stay with the status quo or accept a "grand bargain"--a tenuous behind-closed-doors deal, first made public by The Heritage Foundation, which contained nearly 800 pages of flawed policies. In the face of overwhelming criticism from all sides, this legislation was withdrawn from the Senate. Now, an altogether new bill (S. 1639) has been introduced by Senators Ted Kennedy and Arlen Specter. It seems to incorporate the previous legislation, with some amendments. After it is read into the Senate calendar on Wednesday,...

Kazakh dam condemns most of the shrunken Aral Sea to oblivion Desperate step after water row with Uzbeks Paul Brown, environment correspondent Wednesday October 29, 2003 The Guardian (UK) A seven-mile dam is being built across a small northern section of the shrunken Aral Sea in Central Asia, which is described as the world's worst environmental disaster. The saline inland sea, divided between the former Soviet states of Kazakhstan and Uzbekistan, has been drying out for 25 years, since the USSR began a vast irrigation scheme drawing water from its two tributary rivers to grow cotton and rice in the...