Davos Elites to Discuss Reforms on Outdated Capitalism

1,600 economic and political leaders will converge on Davos Switzerland this week to discuss reforms on “outdated capitalism.” AFP reported: Economic and political elites meeting this week at the Swiss resort of Davos will be asked to urgently find ways to reform a capitalist system that has been described as “outdated and crumbling.” “We have a general morality gap, we are over-leveraged, we have neglected to invest in the future, we have undermined social coherence, and we are in danger of completely losing the confidence of future generations,” said Klaus Schwab, host and founder of the annual World Economic Forum.

Newt Victory Speech – No More Bowing to Saudi King (Video)

Newt Gingrich slammed Obama tonight in South Carolina after his huge victory in the GOP Primary, “I want America to become so energy independent that no American president ever again bows to the Saudi king.” Newt went on to bash the Obama Administration over the Keystone Decision.