Patriot News Network

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

War on Freedom

Veteran told he must remove American flag after Memorial Day!

OSHKOSH, Wisconsin - May 26, 2010 - An Army veteran in Wisconsin will be allowed to display an American flag until Memorial Day, but the symbol honoring his service in Iraq and Kosovo must come down next Tuesday, his wife told FoxNews.com.

Dawn Price, 27, of Oshkosh, Wis., said she received a call from officials at Midwest Realty Management early Wednesday indicating that she and h

Road to Depression

Jobless claims drop to 460,000 last week!

WASHINGTON - May 27, 2010 - The number of newly laid off workers filing claims for unemployment benefits dropped last week but the level still remained higher than expected, indicating only modest improvements in the job market.

Applications for unemployment benefits fell by 14,000 to 460,000 last week, the Labor Department reported Thursday. Analysts had expected the level would f

Road to Depression

More U.S. cities on brink of bankruptcy!

HARRISBURG, Pennsylvania - May 26, 2010 - The possibility of a bankruptcy filing by the city of Harrisburg, Pennsylvvania, the state capital, looms large these days - and it could be the first in a series, say some Wall Street traders.

Harrisburg, population 55,000, owes nearly $70 million in debt payments this year, and it's unclear where that money will come from.

Ha

Road to Depression

National debt soars past $13 trillion!

NEW YORK - May 26, 2010 - The U.S. national debt has passed the $13 trillion mark, according to USDebtClock.org, an independent website that tracks the real-time growth of U.S. revenues and spending.

On Tuesday, the national debt stood at $12,995,779,490,444.52, according to the Treasury Department's national debt-tracking website TreasuryDirect.gov.

The Treasury Depar

Road to Depression

AMBROSE EVANS-PRITCHARD: U.S. money supply plunges at 1930s pace; Obama eyes new stimulus!

By Ambrose Evans-Pritchard

LONDON, England - May 26, 2010 - The M3 money supply in the United States is contracting at an accelerating rate that now matches the average decline seen from 1929 to 1933, despite near zero interest rates and the biggest fiscal blitz in history.

The M3 figures - which include broad range of bank accounts and are tracked by British and Europ

Road to Depression

Private pay shrinks to historic lows as government payouts rise!

WASHINGTON - May 25, 2010 - Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year, a USA TODAY analysis of government data finds.

At the same time, government-provided benefits - from Social Security, unemployment insurance, food stamps and other programs - rose to a record high during the first three

Road to Depression

EU warns that Europe needs major economic reforms!

BRUSSELS, Belgium - May 24, 2010 - Europe's economy will stagnate unless governments make major reforms to boost growth - just as they rein in spending to curb soaring debt levels, the European Union's economy chief warned Tuesday.

Low growth prospects and rocketing debt in many of the EU's 27 nations have alarmed financial markets in recent months, causing stocks to slide and the