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D.C. Insider: ‘Despicable’ Media Attacks on Conservative Justice Clarence Thomas Part of Left’s Effort to ‘Undermine’ Supreme Court

Left-wing publications, like the New York Times, the Atlantic, and ProPublica, have been engaged in a smear campaign against conservative Supreme Court Justice Clarence Thomas in recent months — an effort a D.C. insider and close friend of the justice says is “part of Left’s effort to undermine [the] Court and ultimately pack it.”

FILE - Associate Justice Clarence Thomas joins other members of the Supreme Court as they

UAE Lends Pakistan Billions, Competing with China

Sheikh Abdullah bin Zayed al-Nahyan, foreign minister of the United Arab Emirates (UAE), told his Pakistani counterpart Shah Mahmood Qureshi on Tuesday the UAE will roll over a $2 billion loan and “extend every possible support” in an effort to improve relations between the two countries.

In this photo released by Russian Foreign Ministry Press Service, UAE's Foreign Affairs Mi

For China, Debt Disaster Lurks in the Shadows

Analysts with the proper degree of skepticism about China’s boasts of soaring economic power note that official reports from the Communist regime cannot be trusted. Another, less widely understood problem is that China’s rulers might not know how unstable their economy really is because a sizable portion of Chinese debt lurks off the books in the “shadow banking” industry.

An employee puts Chinese one-hundred yuan banknotes in a money counting machine for a phot

California Schools Stick Taxpayers with $149 Billion in Bond Debt

The California Policy Center has just published an exhaustive study regarding the $149.2 billion Californians have borrowed over the last 14 years to finance public school construction. Despite the sob stories about dilapidated facilities, huge amounts of cash has been siphoned off due to union project labor agreements, environmentalist lawsuits, and inadequate planning and public oversight.

The Associated Press

Eurozone Says No to Greece Bailout Extension

The Eurozone rejected Greece’s request for one-month bailout extension only a day after the bankrupt country turned down an extension offer from their creditors. “It looks like we are heading for Grexit,” exclaimed one person who participated in the meetings.

The Associated Press

Banks Raising Sub-Prime Credit Card Limits, Again!

The Office of the Comptroller of the Currency (OCC), which regulates the financial risks posed by the lending activity of American national banks, has officially reported that banks are expanding sub-prime credit by raising borrowing limits for credit card holders. The new concerns follow an OCC report last June that flagged “problematic” recent high-risk corporate takeovers, car loans through auto dealers, and commercial finance lending.

The Associated Press