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US President Barack Obama and Republican House Speaker John Boehner have blamed each other for the deadlock over the federal debt crisis, as a deadline to avert a default looms.

Hondo Minerals Corporation (HMNC.OB)

Hondo Minerals Corporation is engaged in the acquisition of mines, mining claims and mining real estate in the United States, Canada and Mexico with mineral reserves of precious metals or non-ferrous metals.

US President Barack Obama has unveiled his 2012 budget, describing the proposal as a "down payment" on future cuts to the US budget deficit.

WMR has been informed by sources in the US Army Corps of Engineers, Federal Emergency Management Agency (FEMA), and Florida Department of Environmental Protection that the Obama White House and British Petroleum (BP), which pumped $71,000 into Barack Obama's 2008 presidential campaign -- more than John McCain or Hillary Clinton, are covering up the magnitude of the volcanic-level oil disaster in t

The Search for a Reserve Currency

Posted by Oilprice.com on April 19th, 2010

Currency, like all forms of abstract value, is based on trust. And trust itself is based - except among the most naïve - on experience, and the repetitive demonstration of fidelity, whether positive or negative. At present, the US dollar, which had experienced a gradual rise during the 20th Century to the position gained well into the Cold War of being the trading world’s reserve currency.

Kyrgyzstan’s mass anti-government protests last week were essentially the culmination of more than a decade of disillusionment and dissatisfaction that accumulated in the nation’s political, economic and social spheres from the period of Akayev to his successor Kurmanbek Bakiyev, with virtually every Kyrgyz concerned about rising prices and falling standards of living, both issues of little co

Intelligence Report from Capitol Hill

Posted by Oilprice.com on January 27th, 2010

President Barack Obama delivers his State of the Union address this evening with the hard pivot to the economy, jobs and financial reform on full display with a focus on tax credits for small business ... House Committee on Oversight and Government Reform holds much hyped hearing on federal efforts to bail out AIG with Treasury Secretary Timothy Geithner today.

Iran’s ruling mullahs are confident anew in their country’s ability to surge to a hegemonic position in the Middle East without a major war. The main reason for the mullahs’ confidence is their interpretation of the appeasement policies of the US Barack Obama Administration.

Casting health care overhaul as a legacy for the American people and failure as politically unthinkable, President Barack Obama on Sunday rallied Senate Democrats to deliver on their party's half-century quest to expand the social safety net by providing access for all.

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