Patriot News Network

The following collection of articles by various authors are their opinions, inspiration and humor for your reading enjoyment.

Road to Depression

Spain on brink of default!

LONDON, England (PNN) - March 21, 2012 - Spain has never been so close to default and Greece, Ireland and Portugal may need further bailouts, Citigroup Inc. chief economist Willem Buiter said.

“Spain is the key country about which I’m most worried,” Buiter, a former Bank of England policy maker, said in a radio interview Wednesday on Bloomberg Surveillance with Tom Keene and Ken Prewi

Road to Depression

Emirates says many airlines will fail due to fuel squeeze!

NEW YORK (PNN) - March 21, 2012 - Emirates, the biggest airline by international traffic, said more carriers will go bust this year as fuel costs and sluggish economies undermine profitability.

“We can reel off a whole load of airlines that are teetering on the brink or are really gone,” Tim Clark, the Dubai-based carrier’s president, said in an interview. “Roll this forward to Chri

Road to Depression

Moody's downgrades Detroit's debt!

DETROIT, Michigan - March 20, 2012 - Moody's Investors Service on Tuesday issued two downgrades to the city's tax debt that illustrate Detroit's weakening fiscal condition, as it fights to stave off a stake takeover.

Road to Depression

Gold will surge to $2,500 and S&P 500 will plunge to 1,000!

NEW YORK - March 20, 2012 - David Tice, the former chief portfolio strategist for bear markets at Federated Investors, is bearish.

His 18-month target for the S&P 500 is 1,000, and he thinks gold is headed to $2,500 within the next two to three years.

War on Freedom

School principal announces illegal ban on hugging!

MATAWAN, New Jersey (PNN) - March 22, 2012 - There is a lot of confusion at Matawan-Aberdeen Middle School, where students say the principal made an unusual announcement last week.

“First I heard over the loudspeaker ‘We are a no hugging school’ and ‘This is our new policy,’” said student John Carelli.

Some of the students went home with stories about a hugging ban th

War on Freedom

Fascist TSA now demanding fingerprints in order to fly!

WASHINGTON (PNN) - March 21, 2012 - The Amerikan Gestapo Transportation Security Administration division announced on March 21 its intention to unlawfully continue collecting personal information and fingerprints from all individuals seeking to fly into or out of the three airports in Maryland that fall within the Washington, D.C. metropolitan area flight restricted zone.

War on Freedom

Job seekers must now provide Facebook passwords!

NEW YORK (PNN) - March 20, 2012 - In their efforts to further intrude into the private lives of job applicants, some companies and Fascist Police States of Amerika government agencies are going beyond merely glancing at a person's social networking profiles and instead are asking to log in as the user to have a look around them.