The Department of Justice will work with authorities in Wyoming to violate what remains of Posse Comitatus, according to the Star-Tribune.
"In a first-of-its-kind collaboration, F.E. Warren Air Force Base will collaborate with state and local governments and law enforcement to cut down on underage and irresponsible drinking," the newspaper reported earlier this week. ... (more)
How in the world does the average American family survive in this economy? The median household income is a little bit less than $50,000 a year right now. So let's call that about $4000 a month. But before any of that money gets spent, you have to take out at least $1000 in taxes. That leaves about $3000 a month to pay all the bills with. With that $3000 you have to pay the mortgage (or rent), make the car payments, make the student loan payments, pay for power and water, pay for health ins... (more)
According to CNBC, the Federal Reserve "is planning on monitoring what you say about it on social media platforms like Twitter and Facebook". Apparently we are not supposed to be alarmed though, because as the CNBC headline states, the Federal Reserve just "wants to be your Facebook friend". In fact, the CNBC article says that anyone that feels threatened by the fact that the Federal Reserve will be monitoring what we say on Facebook ... (more)
Federal Reserve Bank of Dallas President Richard Fisher said the central bank’s independence is under attack from both ends of the political spectrum in Congress, and he singled out two of the critics by name.
“We are being attacked from the right and from the left, and I don’t see much difference between a certain congressman from Texas named Ron Paul and a certain congressman from Massachusetts named Barney Frank,” Fisher said in response to audience ques... (more)
Chris Waltzek: Today’s special guest, Jim Rogers from his home in Singapore. Well, with the panic gripping the global financial system and paper assets going up in flames, my featured guest says commodities prices never fall to zero.
Jim Rogers taught finance at Columbia University,... (more)
Global markets have been whipsawed in recent weeks as uncertainty over Europe's debt situation persisted. But renowned investor Jim Rogers says the U.S. economy has more serious problems than Europe.
"Europe has a few bad, bankrupt states, so does America. We've got Illinois which is bigger than Greece, we've got California, we've got New York, you know those are pretty big states that have serious economic problems. We have pension plans in America that are terribly under water,"... (more)
The B.C. Civil Liberties Association (BCCLA) is calling for an independent investigation after a mother from Williams Lake alleged an RCMP officer punched her daughter in the face while she was handcuffed in the back of a police car.
On September 10 Jamie Haller, 17, was reportedly running away from what her mother called the 'Indian Outlaws' when someone called the police on her behalf. In a statement from Jamie's mom, she says she found her daughter on the ground and crying, wit... (more)
WASHINGTON, Sept. 28, 2011 /PRNewswire-USNewswire/ -- Today, the Computer & Communications Industry Association (CCIA) released the findings of a new Public Policy Polling survey which found overwhelming opposition from voters to the expansion of the IRS's involvement in preparing individuals' tax returns, a potential backdoor plan to raise taxes on Americans.
"This poll makes clear that voters believe, as we do, that a 'Simple Return' system is a fundamentally flawed scheme that ... (more)
In response to a report that could lead to questions about the credibility of the Environmental Protection Agency (EPA) , Oklahoma Republican Sen. James Inhofe, ranking member of the Senate Committee on Environment and Public Works, is calling for hearings to investigate. The report — from the Office of the Inspector General (OIG) of the EPA — reveals that the scientific ba... (more)
"Who knows whether the other half of our life, in which we think we are awake, is not another sleep a little different from the former, from which we awake when we suppose ourselves asleep? And who doubts that, if we dreamt in company, and the dreams chanced to agree, which is common enough, and if we were always alone when awake, we should believe that matters were reversed?
In short, as we often dream that we dream, heaping dream upon dream, may it not be... (more)
The fact that "we live in a post-9/11 world" has become a convenient refrain for law enforcement over the past decade — and one that can apparently be called upon to justify limitless growth of the American police state.
This week, reporting on the protests still underway on Wall Street, the New York Times' Joseph Goldstein noted that the "police's actions suggested the flip side of a force trained to fight terrorism." That's because the NYPD have dealt with demonstrator... (more)
This video making the rounds from Change.org is shockingly stupid and deeply offensive. Some immigrant workers are brought to America to work, and rather than try to create value for their employer, the local union goons teach them how to file suit against their employer for "exploiting" them, because as they say in this video, paying people something like $10/hr to p... (more)
I didn't post this video yesterday because, frankly, I found it uninteresting. The guy doesn't give any specific recommendations outside of "bonds," probably the most overvalued asset class in the world right now. He reminds me a lot of Robert Kiyosaki, and sure enough, he says he is not a trader but an "investment speaker." Nonetheless, the video has gone supe... (more)
UPDATE: "Instead of operating from a plush office in Canary Wharf Mr Rastani works and lives with his partner Anita Eader in a £200,000 semi in Bexleyheath, south London. The house, complete with a mortgage from Royal Bank of Scotland, belongs to her not him.
He is a business owner, a 99pc shareholder in public speaking venture Santoro Projects. Its most recent accounts show cash in the bank of £985. After four years trading net assets are £10,048 - in the red." - The UK Telegraph
Sure enough... I don't know why people go for this stuff. - Chris
Last month, the St. Louis Post-Dispatch ran an article focusing on Missouri governor Jay Nixon's "Made in Missouri" jobs initiative. To promote this new initiative, Missouri's Department of Economic Development was planning to give away 6,000 key chains emblazoned with the insignia "jobs.mo.gov" at the Missouri State Fair in Sedalia.
"The politicians giveth, and the free market taketh away." ~ traditional saying that I just made up.
The Greek government is going to default on its interest payments to the bonehead European bankers and investors who thought that getting high interest rates on Greek debt was a great way to avoid suffering the low-interest rates on German government bonds. After all, Greece would pay interest in euros. No problem!
If knowledge is power, then ownership of knowledge and its application is an ultimate grasp on power.
President Obama made the overhaul of America's patent law a personal priority, including it prominently in his January 2011 State of the Union address. The America Invents Act was signed into law on September 16. The key change is a switch from "first to invent" to "first to file."
“Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busy bodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience.”—C.S. Lewis
The psychological effects of the Dow are undeniable. When the average investor or even consumer sees green, life is good, even if every other indicator in the economy clearly says otherwise. For the common Dow lemming, “green” supplants reason, mathematics, instinct, and blatant logic. If mushroom clouds came in that particular shade of bull market green, nuclear holocaust would be welcomed with beers, barbeque, and jubilee. Green in the Dollar Index is no different. Many market joyr... (more)
Gov. Rick Snyder of Michigan wants doctors to track the body mass index (BMI) of children through a database that currently tracks immunizations and then to report the collected data to the state. (BMI is the ratio between a person’s weight and the square of his height; it is viewed as an indication of whether that person’s weight is healthy.)
The New York Times reports that many small restaurants and fast-food chains, desperate to hang on to profitability to some extent while the government conspires to kill it, are trying to introduce wine and beer on their menus as a way of drawing customers in.
Seems like a no brainer, right? Well, it’s not easy. You have to get permi... (more)
New home sales in the United States are on pace to set a brand new all-time record low in 2011. This will be the third year in a row that new home sales have set a new record low. Sadly, this is yet another sign that the U.S. economy continues to grow weaker. Back in 2005, more than four times as many new homes were being sold as are being sold today. The home building industry is one of the central pillars of the U.S. economy, and the fact that we are going to set anothe... (more)
MSNBC has yet again played the race card to demonize not even criticism, but merely unsympathetic portrayal, of Barack Obama as racist after an AP writer was lambasted for accurately transcribing Obama’s Black Caucus speech.
During his speech, Obama attempted to fool the black audience into thinking he was one of them and not a paid teleprompter reader for Wall Street by dropping the g’s at the end of his words.
Detroit News business columnist Dan Howes reports that the Obama administration has prodded Ford Motor Co. to pull its TV ad featuring a Ford (pick up) buyer saying that he wasn't going to buy a vehicle from any company that received a government bailout because that was un-American. ... (more)
Private companies cannot use governmental power to outlaw competition, yet this is what the city of Milwaukee does for its established taxi cartel.
Milwaukee allows only 321 taxicabs on its streets—almost half of which are owned by Milwaukee County Supervisor Joe Sanfelippo. That is about one cab for every 1,850 residents, one of the highest ratios... (more)
The Environmental Protection Agency has said new greenhouse gas regulations, as proposed, may be "absurd" in application and "impossible to administer" by its self-imposed 2016 deadline. But the agency is still asking for taxpayers to shoulder the burden of up to 230,000 new bureaucrats -- at a cost of $21 billion -- to attempt to implement the rules.
The EPA aims to regulate greenhouse gas emissions through the Clean Air Act, even though the law doesn't give the EPA explicit powe... (more)
