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An increasing number of Americans are worried about their retirement. In fact, a recent Gallup poll finds retirement is the top financial worry in this country. The poll found that 58% of adults are "very/moderately worried" about maintaining their current lifestyle after they stop working. The number jumps to 77% among 30 to 49-year-olds. There's good reason to worry, says Michael Pento, senior economist at EuroPacific Capital. "Retirement is on life support, if not indeed dead as we know it today," he tells Aaron Task in the accompanying interview. "Where is the income going to come from to sustain a viable retirement?" Pento asks. The problem, as he sees it, is simple -- income and asset values have plateaued over the last decade, while pension and entitlement programs are underfunded.

Osama’s dead, baby. Osama’s dead

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Uncategorized | By admin | May 5, 2011
Do you think he could find Pakistan on a map? http://www.youtube.com/watch?v=MxVdU2eVYSg&feature=player_embedded
Uncategorized | By admin | April 27, 2011
World Bank President Robert Zoellick Thursday said he hopes the institution will have a role rebuilding Libya as it emerges from current unrest. Zoellick at a panel discussion noted the bank’s early role in the reconstruction of France, Japan and other nations after World War II. “Reconstruction now means (Ivory Coast), it means southern Sudan, it means Liberia, it means Sri Lanka, I hope it will mean Libya,” Zoellick said.

Freed young leader energizes Egyptian protests

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Uncategorized | By admin | February 8, 2011
CAIRO – A young leader of Egypt's anti-government protesters, newly released from detention, joined a massive crowd in Cairo's Tahrir Square for the first time Tuesday and was greeted with cheers, whistling and thunderous applause when he declared: "We will not abandon our demand and that is the departure of the regime." Many in the crowd said they were inspired by Wael Ghonim, the 30-year-old Google Inc. marketing manager who was a key organizer of the online campaign that sparked the first protest on Jan. 25 to demand the ouster of President Hosni Mubarak. Straight from his release from 12 days of detention, Ghonim gave an emotionally charged television interview Monday night where he sobbed over those who have been killed in two weeks of clashes and insisted, "We love Egypt ... and we have rights." Ghonim arrived in the square when it was packed shoulder-to-shoulder, a crowd comparable in size to the biggest demonstration so far that drew a quarter-million people. He spoke softly and briefly to the huge crowd from a stage and began by offering his condolences to the families of those killed.