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Richard Duncan says the economy is heading towards a "death spiral." Other mainstream economists are agreeing with him.
Whether Duncan is right or wrong about how to proceed, the economy will eventually collapse. The question is not “How do we stop it?” The question is “Are you prepared?”

Ballot Access News reports the Tennessee Democratic Party disavows its own U.S. Senate nominee.

On August 1, Green Party presidential nominee Jill Stein was arrested by Philadelphia Police for defiant trespass while protesting home foreclosures.

On August 4, the Peace and Freedom Party nominated Roseanne Barr for President and Cindy Sheehan for Vice President.