Eighty big corporate CEOs are issuing joint statements through Murdoch's Wall Street Journal about the dangers from Congressional inaction on the fiscal 'crisis'. They talk down the economy, they are making announcements about layoffs, highlighting below expectation earnings, and generally spreading panic based on Congressional inaction on the 'fiscal cliff'.
Just before the election, coincidence? Probably not. Nothing about the 'fiscal cliff' requires immediate action, they aren't laying off people because of it, if they are really laying off people at all. Demand creates jobs, not corporate CEOs.
It doesn't matter what the 'lame duck' Congress or the President does right now about any of 'fiscal cliff' items. The Republicans demanded it be set up this way, when they were holding the country hostage over the debt ceiling.




Around the clock, about 16 times a day, drones take off or land at a U.S. military base here, the combat hub for the Obama administration’s counterterrorism wars in the Horn of Africa and the Middle East.
Britain has rebuffed US pleas to use military bases in the UK to support the build-up of forces in the Gulf, citing secret legal advice which states that any pre-emptive strike on Iran could be in breach of international law.
he New York Times stood by its incoming chief Wednesday, even as questions about a BBC child sex abuse scandal followed him from one of Britain's most respected news organizations to one of America's.





























