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Secret Watergate documents to be released 40 years after scandal that shook America

The U.S. Department of Justice says at least some materials sealed as part of the court case against seven men involved in the 1972 Watergate burglary should be released.

The agency responded Friday to a request by a Texas history professor who is seeking access to materials he believes could help answer lingering questions about the burglary that led to President Richard Nixon’s resignation.

Luke Nichter of Texas A&M University-Central Texas in [...]

A President In Over His Head Should Resign

As our economy continues to self-destruct; U.S. credit is shockingly downgraded; home prices remain at historic lows; unemployment rises; small businesses continue to close their doors; public-employee-bloated cities, towns, states and employers continue to default; race riots flare, Mexican drug cartels cross our sovereign border at will to establish ultraviolent operations; test scores for public school children continue to plummet; the health care system [...]

David Rosenberg: “There is nothing organic about the US economic recovery”

by zh

David Rosenberg, who has very patiently taken the peanut gallery’s swipes at him for the past month during the latest bear market rally bout (of which Japan had roughly 25 as the broader secular one took its market about 75% lower over two decades), finally lashes out at all those who still fail to see that there is nothing organic about the US economic recovery, [...]

“I would recommend you panic.” – Hugh Hendry

http://www.businessinsider.com/hugh-hendry-vs-jeffrey-sachs-2010-5

The European banking system is in crisis, says Hendry.

“I would recommend you panic.”

The hedge fund manager of Eclectica Management went on BBC Newsnight last night to play pessimist against Jeffrey Sachs, an economist from Columbia University.

Of course the two get into a fight. It’s awesome.

At first Hendry is talking quietly and his manner is worryingly subdued but wait just a minute. He starts going after Sachs [...]