
By Dean Clancy
Budget voters are first chapter in victory over eternal budget deficits
Independent voices from the TWT Communities

Stocks are closing mixed after news out of Greece yanked indexes lower shortly before the closing bell.

Forget Facebook. This is still Apple's stock market. Apple — the world's most valuable company, the innovator that revolutionized the cell phone — climbed nearly 6 percent on Monday, helping propel major U.S. stock indexes to gains after a solid week of losses.

If you are a nonimmigrant American reading this, do you know why your ancestors came to America? The fact is, a large percentage of immigrants were trying to escape various forms of government persecution, including religious and tax persecution.

It looks like it will take more than Facebook's initial public offering to push stocks up.

U.S. stock futures rebounded Friday as leaders of eight of the world's biggest economies began to gather outside of Washington to determine how best to limit damage from the debt crises rattling Europe.

David Beckham wants two things: the flame to burn right and a spot on Britain's Olympic team.
This week there was more than idle conversation about Facebook's pending initial public offering, an IPO likely to be one of the largest in history. While it's hard to argue with the company's sheer size, several filings with the Security Exchange Commission reveal some concerns over its mobile strategy and growth prospects. More questions were raised this week when General Motors Co., one of the largest advertisers in the U.S., announced that it plans to stop advertising with Facebook.

The Dow Jones industrial average fell for the 11th time in 12 days after a pair of discouraging economic reports came as investors worried about Greece's possible exit from euro.
The latest updates in the world economic forum have been favorable to U.S. interest rates. The problems in Greece continue to pressure the demand for anything that has to do with financial instruments in Europe.

The Olympic torch was passed to London — witnessed, appropriately, by hundreds of Greeks huddled under umbrellas.

The head of Greece's Council of State will take the reins of the country until it holds new elections on June 17, political party leaders decided Wednesday, a day after power-sharing talks collapsed, state TV reported.

The unending turmoil in Greece spread fallout across the financial markets Wednesday. The Dow Jones industrial average fell for the ninth day out of 10, and gold, oil, and the euro all dropped to multi-month lows.

The forces of big spending will have another shot at the polls next month in Greece. The Syriza party, which is strongly opposed to austerity programs, is expected to gain in the upcoming election. Unfortunately for the long-suffering Greek taxpayers, opposition to austerity means, in all probability, that Greece will remain stuck in the recessionary spiral that's dizzied the nation for the last four years.
The European Central Bank would like Greece to stay in the eurozone, its president, Mario Draghi, said Wednesday, amid continued political uncertainty that threatens to force it out of the bloc.
The head of the International Monetary Fund on Tuesday raised the possibility that Greece could leave the eurozone in an orderly fashion.