The Budget Fight – Napolitano and Huelskamp
My take: They are right, we are fed up with how government cooks the books. ...BITB.
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Great look at the US Debt situation…
My take: Awesome example of the US situation. ...BITB.
Obama 32 Month Report Card
Barack Obama’s 32 Month Report Card by Rich Carroll Mr. Hope and Change wants to create a nation humbled; humiliated, casting-aside capitalism and individual freedoms for one where we the people are government controlled. This would be a system that genuflects medicrity, steals personal aspiration and opportunity, and punishes those who strive to ...
What Economic Freedom? Napolitano on Taxes, Due Process, etc.
My take: Not many say it better than Napolitano does. Straight shooting, clear-minded logic. Only those asleep can refute. ...BITB.
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Confiscation and Inflation
My Take: A nice (albeit long) overview of what is happening and insights into what will happen with savings/pensions. The current fiat banking system is designed to punish those who save for a rainy day. ...BITB.
35 Romney endorsers received contributions first – Campaign Finance
Excerpt: Money may not be buying Mitt Romney much Republican love, but it’s going a long way toward helping him buy the next best thing: endorsements in the GOP primaries. Romney’s Free and Strong America PAC and its affiliates states ...
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I am LDS for Ron Paul by Randy Oveson
To: LDS for Ron Paul I submit the following thoughts as a life-long member of the Church of Jesus Christ of Latter-day Saints (the Mormon Church) and a supporter of Dr. Ron Paul for President. I write this to fellow LDS members and use our own language and terms (which might ...
Class war coming to America — RT
Excerpt: Aside from the relationship between the Capitol Building and the banks, though, the incredible amount of inequality in America today can be seen everywhere. As the rich get richer and the poor get poorer, tensions tighten within the US. While a ...
Economic Collapse – Why it won’t be stopped
My take: Some interesting points on the status quo, honesty in honest, and the results of being ruled by kleptocrats. ...BITB
Former CIA Agent – Message to America
http://youtu.be/EKlKGB3YwjE My take: Great ideas. Anyone listening? ...BITB.
Children ‘dumped in streets by Greek parents who can’t afford them’
Excerpt: Children are being abandoned on Greece's streets by their poverty-stricken families who cannot afford to look after them any more. Youngsters are being dumped by their parents who are struggling to make ends meet in what is fast becoming the most tragic human consequence of ...
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Bernanke Speech on Deflation Before the National Economists Club – November 21, 2002
My take: What follows is an interesting insight into Ben Bernanke, head of the Federal Reserve. This talk was given while he was a Governor of the Fed Board, prior to his appointment as Chairman. The ...
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Why 308,127,404 Americans are going to get hosed
From www.sovereignman.com by Simon Black - Link: Why 308,127,404 Americans are going to get hosed. January 11, 2012 • Santiago, Chile Last week, the US government’s Financial Crimes Enforcement Network (FinCEN), an agency of the US Treasury Department, published its 2011 annual report. There are a few numbers that are pretty startling. We’ve ...
Full-Blown Civil War Erupts On Wall Street: As Reality Finally Hits The Financial Elite, They Start Turning On Each Other
Excerpt: Finally, after trillions in fraudulent activity, trillions in bailouts, trillions in printed money, billions in political bribing and billions in bonuses, the criminal cartel members on Wall Street are beginning to get what they deserve. As the Eurozone ...
Obama to ask for increase to debt ceiling in a ‘matter of days’
Excerpt: The Obama administration will be asking Congress to raise the debt limit in the coming days, White House press secretary Jay Carney said on Tuesday. "I'm confident it will be executed in a matter of days, not weeks," he told reporters. The notification by the administration — which had been scheduled for ...
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Golden State Video – Bombs (End this War)
http://youtu.be/VE30TH6Y7cI My take: Eisenhower's warning about the Military Industrial complex has largely been ignored for the past 50 years. We spend trillions of dollars -- on and off budget to do what? To kill 1.2 million Iraqis? To involve ourselves in Lybia--a country that has not made one aggressive move against ...
WELCOME TO THE PARANORMAL: Bill Gross Warns Of Financial Market Implosion And The End Of Economic Life As We Know It
Excerpt: How many ways can you say “it’s different this time?” There’s “abnormal,” “subnormal,” “paranormal” and of course “new normal.” Mohamed El-Erian’s awakening phrase of several years past has virtually been adopted into the lexicon these days, but now ...
World’s Biggest Economies Face $7.6 Trillion Bond Tab as Rally Seen Fading – Bloomberg
Excerpt: Governments of the world’s leading economies have more than $7.6 trillion of debt maturing this year, with most facing a rise in borrowing costs. Led by Japan’s $3 trillion and the U.S.’s $2.8 trillion, the amount coming due for the Group of Seven nations and Brazil, Russia, India and China ...
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“We are going to kill the dollar”
Kyle Bass is told by a chief Obama administration official that the answer to the economic situation is, "We are going to kill the dollar." My take: Again, I am Jack's complete lack of surprise. There really is no answer other than to let the dollar go to zero--hyper inflation setting ...
Chinese Central Banker Declares That ‘Gold Is The Only Safe Haven Left’
Excerpt: People's Bank of China official Zhang Jianhua declared yesterday: "No asset is safe now. The only choice to hedge risks is to hold hard currency - gold." My take: You know it is getting bad when China, the largest single foreign holder of US Debt makes such a statement. Why does ...
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