There are signs that the Italian economy is running off the rails, but the signs are subtle. Lots of locked houses and long grass, for instance.
It is now 99 percent certain that the private economy is NOT going to cause the bad jobs numbers to change direction.
Major sections of capital believe the debt crisis gives them a golden opportunity to completely shift the costs of the "reproduction of labor power" to working people and break their fighting spirit.
Facts: the country is not broke and Social Security is not the cause of the deficit.
The so-called "debt ceiling" crisis is upon us and it's becoming a test of sanity how long it will take all reasonable people to conclude that the Republican Party has painted its teeth orange, and jumped off a cliff.
Ron Paul has attracted a following that borders on cult-like, but his core policy positions should send progressives running.