Patriot News Network

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

Road to Depression

Double-dip Depression is coming to the euro zone!

NEW YORK - June 15, 2010 - The risk of a double-dip Depression is growing, especially in the euro zone, where restructuring Greece's debt is inevitable, famous economist Nouriel Roubini told CNBC Tuesday.

Moody's became the second major agency to cut Greece's debt ratings to "junk" late on Monday, as it admitted that the country does not face immed

Road to Depression

Once mighty U.S. auto union faces uncertain future!

DETROIT, Michigan - June 14, 2010 - Born out of the strife in the U.S. auto industry during the 1930s, the United Auto Workers union has long had a reputation for delivering fat contracts. Today UAW is staring at its own fading political power.

As the union prepares for its quadrennial convention Monday to select its next leaders, the UAW is confronted with questions over the stead

Road to Depression

Businesses collapse while claimants are still waiting for checks from BP!

GULF SHORES, Alabama - June 14, 2010 - Real estate agent Mike Reynolds had two desirable beachfront condos in escrow when the tide of crude from the Deepwater Horizon gusher washed over his business and left it looking about as appetizing as an oiled crab.

"I lost $20,000 in commission," Reynolds said. "The guy called and said he'd never be able to make any money off

Road to Depression

Fannie-Freddie fix could cost 1 trillion dollars!

NEW YORK (PNN) - June 13, 2010 - The cost of fixing Fannie Mae and Freddie Mac, the mortgage companies that last year bought or guaranteed three-quarters of all U.S. home loans, will be at least $160 billion and could grow to as much as $1 trillion after the biggest bailout (i.e. theft of the Amerikan taxpayer) in Amerikan history.

Road to Depression

Antidepressant use rises as Depression feeds wave of worry!

LONDON, England - June 11, 2010 - The number of antidepressants prescribed by the NHS has almost doubled in the last decade, and rose sharply last year as the Depression bit, figures reveal.

War on Freedom

Action Alert: Police dog released on frightened 10-year-old!

GAINESVILLE, Florida - June 17, 2010 - Gainesville police are reviewing an incident in which an officer responding to a burglary call Wednesday released a police dog on a 10-year-old boy, who was bitten.

Capt. Ed Book said it is routine that K-9 bites be reviewed. He said police later learned the woman who had reported the burglary allegedly has mental health issues.

War on Freedom

Queensland police given new powers to fine public for using bad words!

QUEENSLAND, Australia - June 16, 2010 - Thousands of people could be slapped with fines for offences that would never have attracted police attention in the past under sweeping reforms to police powers.

Experts fear swearing in public, with a fine of $100, will be a major money spinner and could become the weapon of choice for frustrated officers on the beat.