CHINA VOTED TOP ECONOMIC POWER ON EARTH

SURVEY SAYS: A Pew Research Center survey of people in 21 countries found that 41 percent said China was the world’s leading economic power, while 40 percent picked the U.S.

REALITY: The results do not reflect reality. America’s economy remains well ahead of its closest rival. But it does highlight China’s rising public image amid rapid growth and the erosion of the United States’ status as the global superpower.

http://hosted.ap.org/dynamic/stories/A/AS_CHINA_ECONOMY_POLL_SUMMARY_BOX?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-06-13-15-16-45

Growth in the National Debt

James Hall
Infowars.com
May 30, 2012

The one inescapable drag on the economy and every American taxpayer or government dependent is the interest obligation paid on the national debt. Indebtedness is nothing new to this country, but the inability to service the public debt stretches over the last half century. This trend is so disturbing that politicians spend every waking hour avoiding the consequences of the ultimate outcome, the demise of the currency. [...]