Marc Faber Bloomberg Radio - 21 Feb 2012
YouTubeFeb 24

Stupid Rule; Stupid Republicans
Laurence M. VanceFeb 23
One of the stupidest, most asinine, and most evil things that Americans will encounter this tax season is the gift tax.

According to the IRS:
The gift tax is a tax on the transfer of property by one individual to another while receiving nothing, or less than full value, in return. The tax applies whether the donor intends the transfer to be a gift or not.... (more)
UK: 50percent tax rate 'failing to boost revenues'
The TelegraphFeb 23

Schiff: Obama's capital gains proposals = 65% effective tax on corporate earnings
YouTubeFeb 23

Peter Schiff's math: A corporation pays 35% corporate tax on its
earnings, leaving 65 cents on the dollar. Shareholders pay 15% capital
gains tax, leaving about 55 cents on the dollar for the private sector
and 45 cents on the dollar for government. Obama proposes from 15% to
39.6% the capital gains tax, but factoring in the phase out of
... (more)
FDA Says Brazil's Orange Juice Is Safe, But Still Illegal
NPR.orgFeb 23

Krugman: The Great Depression Ended Because of Hitler
EconomicPolicyJournalFeb 22
I am not making this up. Here is what Paul Krugman said during an interview with Playboy:
The fact is the Great Depression ended largely thanks to a guy named Adolf Hitler. He created a human catastrophe, which also led to a lot of government spending.
And it sounds like he wouldn't have a problem with another Hitler. Krugman went on:
As you know, I’m famous for worrying about space aliens. It looks li... (more)
Monopoly Dentistry
James E. MillerFeb 21
In his magnum opus, Human Action, Ludwig von Mises wrote on the type of outcome governmental occupational licensing invariably leads to:
Where the government directly fosters monopoly prices we are faced with instances of license monopoly. The factor of production by the restriction of the use of which the monopoly price is brought about is the license wh... (more)
Icelandic Anger Brings Debt Forgiveness in Best Recovery Story
BloombergFeb 21
Icelanders who pelted parliament with rocks in 2009 demanding their leaders and bankers answer for the country’s economic and financial collapse are reaping the benefits of their anger.

Since the end of 2008, the island’s banks have forgiven loans equivalent to 13 percent of gross domestic product, easing the debt burdens of more than a quarter of the population, according to a report published this month by the Icelandic Financial Services Association.

... (more)
Record $6 Trillion of Fake U.S. Bonds Seized
BloombergFeb 20
Italian anti-mafia prosecutors said they seized a record $6 trillion of allegedly fake U.S. Treasury bonds, an amount that’s almost half of the U.S.’s public debt.

The bonds were found hidden in makeshift compartments of three safety deposit boxes in Zurich, the prosecutors from the southern city of Potenza said in an e-mailed statement. The Italian authorities arrested eight people in connection with the probe, dubbed “Operation Vulcanica,” the prosecutors... (more)
There is no way anyone would think these obviously fake "one billion dollar bonds" are real. This story is HIGHLY SUSPECT to the extreme. - Chris
$6 Trillion In US Bonds Seized In Zurich, Said To Pose "Severe Threats To International Financial Stability"
ZeroHedgeFeb 20
Back in the summer of 2009, a peculiar story circulated when two Japanese individuals were arrested trying to smuggle $134 billion in US bonds into Switzerland from Italy. The story quickly died down after it was subsequently reported that the bonds were merely fake bearer bonds. Nobody heard much about it since then. Until today, when out of the blue we get a new story which blows that one o... (more)
Gold Bulls Expand as Billionaire Paulson Says Buy
BloombergFeb 20
Gold traders are getting more bullish after billionaire hedge-fund manager John Paulson told investors it’s time to buy the metal as protection against inflation caused by government spending.

Twelve of 22 surveyed by Bloomberg expect prices to gain next week and five were neutral. Paulson & Co. is already the biggest investor in the SPDR Gold Trust, the largest exchange- traded product backed by bullion, with a stake valued at $2.9 billion, a Securities and Exchange Commiss... (more)
Where The One Percent Live: The 15 Richest Counties In America
Business InsiderFeb 16

Jeffrey Tucker makes the Case Against the Federal Reserve and the Banking Cartel
YouTubeFeb 16

Tom Woods Interviews Lew Rockwell
YouTubeFeb 16

Skip to 20 minutes. This is a great interview. They talk about Judge Nap's show being canceled, Ron Paul being robbed in Michigan, Austrian economics & the success of LewRockwell.com and the Mises Institute. I loved it. - Chris
Another Fed-Backed Solar Company Goes Bankrupt
The New AmericanFeb 15
Adding to the growing list of failed "green" energy companies, another solar firm filed for Chapter 11 bankruptcy on Tuesday in hopes of selling off its solar power subsidiaries and other assets. Energy Conversion Devices Inc. (ECD), a Michigan-based manufacturer of thin-film solar laminates (product shown at left), said it will continue to operate through the bankruptcy and sale process.

Through its subsidiaries Uni-Solar (USO) and Solar Integrated Technologies, the firm develop... (more)
Obama: Not Raising Taxes Is a Form of Government Spending
CNSNews.comFeb 14
Announcing his budget plans for fiscal year 2013 in an address at Northern Virginia Community College in Annandale, Va., President Barack Obama characterized the current income tax rates--signed into law by President Bush a decade ago--as a form of government spending.

Essentially, the president said that the federal government "spends" when it does not raise taxes.

“Right now, we’re scheduled to spend more than $1 trillion more on what was intended to b... (more)
Fed Should Heed Lessons of 1920 Recession Response, Grant Says
BloombergFeb 14
The U.S. has been “overmedicated” by public policy and should consider the government’s 1920’s response to recession, said James Grant, editor of Grant’s Interest Rate Observer.

Responding to a severe economic downturn from 1920 to 1921, the Federal Reserve increased interest rates and the national budget was balanced, moves that kept the painful recession short, New York-based Grant said. In contrast, he said U.S. policy makers are prolonging the pai... (more)
Keynesians Jump The Gun on Inflation
Peter SchiffFeb 14
Advocates of government stimulus are running victory laps on recent developments that appear to vindicate their strategy. In particular, Paul Krugman compares the sluggish growth in Europe to the somewhat-less-sluggish growth in the US to prove that stimulus was more effective than austerity. Other economists are using government inflation measures to defend Fed Chairman Bernanke's easy-money policy. The only problem is, they're calling the race before the finish line is even in sight.
... (more)
Obama: Lets Debase Our Coinage Even Further to "Save Money"
InformationLiberationFeb 13
Via BusinessInsider:
As a means of saving money, this is one of Obama's proposed cuts in his budget.

----

SAVINGS: INCREASED FLEXIBILITY FOR THE U.S. MINT IN COINAGE

Department of the Treasury

The Budget proposes to provide the Mint with greater flexib... (more)
Obama Proposes Doubling Dividend Tax on Wealthy
BloombergFeb 13
President Barack Obama’s budget plan calls for taxing dividends received by high-income taxpayers as ordinary income, raising the top rate to 39.6 percent from 15 percent as part of a $1.4 trillion tax increase on top earners over the next decade.

The proposal, in the president’s fiscal 2013 budget released today, would reverse his previous policy that called for taxing dividends more lightly than wage income. The plan would treat dividends as ordinary income for marri... (more)
25 Craziest Things The U.S. Government Spends Money On
YouTubeFeb 13

With trillions of dollars in debt, the U.S. government, like a runaway shopaholic, still manages to find ridiculous things to throw its dollar bills at. From pancakes to prostitutes, monkey poop to video games, here are the 25 craziest things the U.S. government spends money on.
Schiff: Warren Buffet says U.S. bonds are poor investment
YouTubeFeb 13

From Warren Buffet's newsletter:
Even in the U.S., the dollar has fallen a staggering 86% in value since 1965 when I took over management for Berkshire Hathaway.

It now takes $7 to buy what $1 did in 1965. Consequently, a tax free institution would have needed 4.3% interest annually from bonds over that period of time just to maintain itself.
... (more)
Schiff: There is no such thing as free birth control
YouTubeFeb 13

If free birth control really reduced long-term heath care costs, insurance companies would offer it on their own.
Debt Slavery: 30 Facts About Debt In America That Will Blow Your Mind
EndoftheAmericanDreamFeb 10
When most people think about America's debt problem, they think of the debt of the federal government.  But that is only part of the story.  The sad truth is that debt slavery has become a way of life for tens of millions of American families.  Over the past several decades, most Americans have willingly allowed themselves to become enslaved to debt.  These days, most of us are busy either going into even more debt or paying off the debt that we have accumulated in the past.&... (more)
The 535 Members of Congress: The Real Top %1
YouTubeFeb 10

Though there is often much focus on the richest private individuals in the United States, the U.S. Congress actually has far more economic power.

In this video, economist Robert Lawson compares the economic power of the 535 most wealthy private citizens with the spending power of the 535 members of Congress. You might be surprised by what you find out.... (more)
More States Looking to Tax Online Sales
USA TodayFeb 10

Marc Faber Talks Facebook IPO, Economic Predictions, Stock Picks & More On Bloomberg TV
InformationLiberationFeb 09

Marc Faber gives a superb interview to Bloomberg News, he gives his take on Facebook's upcoming IPO, details what he thinks is in store for the economy next year, lists a few stocks he bought recently, and discusses why he thinks the entire derivatives market will collapse to zero. - Video aired 02 Feb 2012
Crony Socialism: Obama's re-fi scam is a smokescreen for another bankster bailout, says David Stockman
YahooFeb 09
Author and former OMB director David Stockman sits down with the Daily Ticker to explain Obama's latest election year scheme to give re-fi's to select underwater mortgage holders. It's nothing but another bailout for JP Morgan, Wells Fargo, and other big underwriters of 2nd mortgages and home equity loans, since ultimately these 'homeowners' are going to default. This is where 40 years of government meddling in the housing market has gotten us. This scam is all about wealth redistribution... (more)

Previous Page . Next Page






All original InformationLiberation articles CC 4.0



About - Privacy Policy