Patriot News Network

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

Road to Depression

U.S. home prices drop for seventh month in a row!

WASHINGTON - March 29, 2011 - U.S. single family home prices fell for the seventh straight month in January, fresh evidence that the housing market remains in Depression, according to a survey released today.

Road to Depression

Home prices falling in most major U.S. cities!

NEW YORK - March 29, 2011 - Home prices are falling in most major U.S. cities, and the average prices in four of them are at their lowest point in 11 years. Analysts expect further prices declines in most cities in the coming months.

The Standard & Poor's/Case-Shiller index released Tuesday shows home prices dropped in 19 cities from December to January. Eleven of them are at their l

Road to Depression

Noted economist says U.S. dollar will be worth less than toilet paper!

NEW YORK - March 28, 2011 - With gas prices at two-year highs and food prices at record levels, the value of a dollar just does not go as far today as it did a decade ago.

“Get used to it,” says Peter Schiff, CEO of Euro Pacific Capital. "If people think that gas and food prices are high now, just wait for another couple years," he says. "[Prices] are going to be up in the strato

Road to Depression

Food inflation kept hidden in tinier bags!

NEW YORK - March 28, 2011 - Chips are disappearing from bags, candy from boxes and vegetables from cans.

As an expected increase in the cost of raw materials looms for late summer, consumers are beginning to encounter shrinking food packages.

Road to Depression

Another bank fails in 2011!

WASHINGTON - March 26, 2011 - Regulators on Friday shut down a small bank in Illinois, boosting to 26 the number of U.S. bank failures this year after 157 succumbed in 2010 to the sputtering economy and piles of soured loans.

The Federal Deposit Insurance Corp. seized Bank of Commerce, with one office in Wood Dale, Illinois, $163.1 million in assets and $161.4 million in deposits. Ad

War on Freedom

Google making app that would identify people's faces!

SANTA MONICA, Kalifornia - March 31, 2011 - Google is working on a mobile application that would allow users to snap pictures of people's faces in order to access their personal information, a director for the project said this week.

In order to be identified by the software, people would have to check a box agreeing to give Google permission to access their pictures and profile info

War on Freedom

Two New Orleans cops sentenced in Katrina murder!

CHICAGO, Illinois - March 31, 2011 - Two New Orleans police officers convicted of shooting and burning a man in the 2005 post-Hurricane Katrina chaos were sentenced to 25 and 17 years in jail for their crimes, officials said Thursday.

They were two of three police officers convicted in December in the September 2, 2005 slaying, which was not investigated until early 2009 - shortly af