Earlier this week, former U.S. president Bill Clinton gave the keynote address to the Democractic National Convention in an effort to lend some of his popularity to Barack Obama. With the unemployment rate still stubbornly high at 8.1%, Obama has lost many of the enthused voters who put him into the Oval Office in 2008. Clinton was tapped to deliver t... (more)
Philip DeFranco, the Host of the Philip DeFranco Show on YouTube, on redistribution of wealth by the government. Is redistribution stealing, like Newt said? Is it legalized theft? Part 1.
I hate the inconsistency of minarchism. Phil seemed interested in the idea of a taxation free society, Jan shut that line of thought down though with his saying he supports certain forms of taxation. - Chris
Please note, this article is full of errors and is complete bunk, I only posted it because it was an update on this old case which was pure straightforward theft by the government, I only posted it because people in the comments were rightly destroying it.
For example, it says Theodore Roosevelt took us off the gold standard, it was actually FDR. It says all the coins were stolen, first off that's a lie, the government said they can't prove they weren't stolen, second the government ordered 445,000 of these coins to be seized and melted down, it was part of the biggest robbery in history when FDR ordered everyone's gold to be seized and everyone was left with the receipt (paper dollars which were merely titles to physical gold).
Not turning your gold in to be stolen is not theft, it's the opposite. This case was about as legitimate as an IRS audit where you have to prove all your income, yet it was an IRS audit of the family's long deceased grandfather almost a century ago.
If you want the real history on this case see this article here. - Chris
With a price hovering around $1,600 an ounce and the prospect of "additional monetary accommodation" hinted to in the latest meeting of the Federal Reserve's Federal Open Market Committee, gold is once again becoming a hot topic of discussion.
George Soros made news recently when a filing with the Securities and Exchange Commission revealed that he had liquidated his position with major financia... (more)
Did you know that median household income in the United States is lower today than it was when the last recession supposedly ended? If we are in the middle of an "economic recovery", how can this possibly be happening? Stunning new statistics compiled by Sentier Research show that the U.S. economy is not nearly as healthy as we have been le... (more)
Marc Faber discusses what opportunities are likely to emerge for institutional investors if sovereign debt continues. He assesses the possible impact of social and political unrest in North Africa and the Middle East, and how hedge funds can invest in emerging markets.
Prepare yourself, Samsung products are now going to be more expensive, as well as Apple's now that they've won $1.05 billion off their biggest competitor.
Incidentally, Samsung is also Apple's biggest customer. Isn't it neat the way stupid laws get people who are working in harmony at each others necks? The purpose of law is to avoid conflict, intellectual property laws only serve to create it, but same goes for most of the 800,000 laws and regulations on the books, so what's ... (more)
As you've likely heard, Apple and Samsung continue to duke it out in what commentators have calledthe "patent trial of the century." The case involves more than three dozen devices (such as iPhones, iPads, and Galaxy phones and tablets) and various patents, allegedly covering Apple's designs, "double-click-to-zoom," 3G technology, and various other functionalities. But what's really at stake? ... (more)
