Ahmadinejad Says Expects U.S. To Attack MidEast Soon

TEHRAN (Reuters) – Iran expects the United States to launch a military strike on "at least two countries" in the Middle East in the next three months, Iranian President Mahmoud Ahmadinejad told state-run Press TV. In an interview recorded on Monday, Ahmadinejad did not specify whether he thought Iran itself would be attacked nor did he say what intelligence led him to expect such a move.

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U.S. may face deflation, a problem Japan understands too well (Get ready for a lost decade)

Economists worry that America could be edging closer to the trap that cost the other nation more than a decade of growth. The White House prediction Friday that the deficit would hit a record $1.47 trillion this year poured new fuel on the fiery argument over whether the government should begin cutting back to avoid future inflation or instead keep stimulating the economy to help the still-sputtering recovery. But increasingly, economists and other analysts are expressing concern that the United States could be edging closer to a different problem — the kind of deflationary trap that cost Japan more than...

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When Will the U.S. Go the Way of Rome?

When do you suppose the citizens of imperial Rome first realized that their way of life had tipped into inexorable decline? A few foresaw the impact of Caesar's usurpation of the rule of law, marking his ascension as the beginning of the end. Many more sounded the alarm when Rome's fiscal balance spiraled out of control, debts multiplying faster than the ability to extract taxes from a dwindling base of productive citizens. The plebeian masses, accustomed to bread and circuses, were probably oblivious until Rome was finally sacked. Everything was fine yesterday, how did these barbarians arrive at our gates?...

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God Save Our Country web site (prayer warriors)

Join Michael Youssef in praying for our nation daily — now through November 2nd. (Sign-up available if so desired)

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