New Home Sales Plunge to Lowest On Record

So, the tax breaks expired at the end of April, and May saw a 33% drop. So, what does that tell people who say that taxes aren't important, that taxes don't effect behavior, that taxes don't effect economic outcomes?

And what does it tell people about the state of the economy, this "economic recovery" that Ben Bernanke and TIMMY kept telling us about -- you know, the one that was "right on track"?

 

http://finance.yahoo.com/news/New-home-sales-plunge-33-pct-apf-171877315...

 

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Fed Judge Stops Obama Admin Moratorium on Deep Water Drilling

In his ruling, he notes something that occurred with the IPCC's report on supposed "an made climate change", the final report excised opinions that would not support the conclusion which the politicians wanted to reach.

Here's the story:

http://www.washingtontimes.com/news/2010/jun/22/judge-halts-obamas-oil-d...

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Lieberman Backs Away (Not Really) from Internet "Kill Switch"

But remember, this power the feds want to be able to shut down portions of the web would only be used it "terrorists" shut... down... portions of. Hmmm...

 

Read on MacDuff! See what the proposal could be used to do?

 

http://www.pcmag.com/article2/0,2817,2365393,00.asp

 

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Obama Admin WARNS Insurers about Price Increases

Gee, why would insurance companies suddenly raise their premiums prior to being forced to take people with preexisting conditions?

 

http://www.msnbc.msn.com/id/37839860/ns/politics-the_new_york_times

 

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Gold Hits New High

No Surprise. Wait 'till January next year, when the tax increases hit!

http://www.bloomberg.com/news/2010-06-21/gold-rises-to-a-record-on-buyin...

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FCC Ready to Control Prices and Services of Web Providers

You knew this was coming. Even if they end up NOT regulating prices and services, the bureaucrats have set up a perfect game for the politicians to garner lots of money from lobbyists, haven't they?

http://www.ft.com/cms/s/2/6231b0b8-7a70-11df-9cd7-00144feabdc0.html

 

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US "Cracking Down" on Child Agricultural Workers

Note that in the piece it mentions the blueberry crop that has had people flocking to pick for years... Note also how the piece fails to mention the fact that most children choose to work in the fields, and that, especially in the cases of migrant workers, their options back home are relatively WORSE, which is why they take the opportunity to work for farmers in the US. Some might say that the US farmers are "exploiting" the migrant workers, but that is a fallacy. In most cases, the profit margins for the farmers is very slim, because the PRODUCTS don't fetch beyond a certain level of remuneration from the consumer. The consumer is unwilling to pay beyond a certain level of price, and will choose another option once that threshold is reached.

Alarming News from Campaign for Liberty

This e-mail arrived in many boxes today. Think about acting on the message from the Campaign for Liberty to stop this bill.

____

One FLA County Defies Feds, Acts On Its Own Against Oil Spill

But, but, we've been told over and over that small groups of invididuals, and towns CAN'T possibly handle their own problems. That's how all the FEMA and flood insurance and Natural Disaster Aid got started, by telling people they had to rely on the big, unwieldy and bureaucratic federal gubment for salvation. You mean, it's actually SLOW to repond, and doesn't have the immediate information on hand the way local people handling a problem in their own back yards? WOAH!

Bob-e-FLAY!

http://www.thedestinlog.com/news/pass-30005-nwfdn-command-plans.html

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Congressman Etheridge's Assault on Reporter

MSN reported this as a "confrontation with" two reporters, rather than an ASSAULT ON a reporter. Strange, huh?

 

http://abclocal.go.com/wtvd/story?section=news/local&id=7496362

 

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Surprise! US Military reveals VAST Mineral Resources in Afghanistan

Spotted this last night, only get to flag it for you this morning.

One wonders what the politicians will concoct now as a rationale for keeping tax-funded soldiers fighting in this foreign land.

Certainly, we'll hear that the minerals have to be "managed" properly, and that they can't be allowed to "fall into the wrong hands".

 

http://www.nytimes.com/2010/06/14/world/asia/14minerals.html?pagewanted=...

 

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Teachers Tamper with Test Scores

What a shock.

Welcome to the word of unionized gubment schools, where they not only propagandize the students with whatever political agenda they like, where parents have a very difficult -- if not impossible -- time getting things changed, and where everyone, parents and non-parents, has his tax money stolen from him for the "greater good", ie, teachers cheating on tests to get more money.

 

Funny how the headline reads "under pressure"... The only pressure we see is the incentive from the corrupt school system to pay them more if they have students who perform well on the tests.

 

http://www.post-gazette.com/pg/10163/1065247-298.stm

 

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Visit These Sites for Great Novels!

Those who have gotten to hear our conversation with Jonathan Oliver might like to tell their friends about the great books he and his team publish.

Think horror, sci-fi, steampunk, fantasy, anthologies... So much good stuff!

With big thanks to Jon, here are the links!

 

http://www.abaddonbooks.com/

and

http://www.solarisbooks.com/

Take a look, and then enjoy the stories!

 

And remember to find the Abaddon Books Podcast on Itunes!

 

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Retail Sales Plummet Most in 8 Months

Gee, strange that the politicians (and hack rags like "Newsweek") had been telling us the 'economy was in a recovery'. ('Newsweek' used the term 'amazing'.)

 

And then, just yesterday, people like Bernanke and other DC gimboids were saying that there might be a need for MORE bogus stimulus activity! You think they were aware of the bad numbers that were about to be released, but wanted to look like they were prescient? Noooo! No way!

 

Do those jokers actually think all American citizens are so stupid they can't see through their rhetoric?

 

Here's the report. Gee, what a surprise! And, of course, the politicians will only make it worse in the long run if they add more counterfeit money to the system.

 

DC Politicians Consider MORE "Stimulus"

If you don't own gold or silver now, you had better get some. Then start looking for a new country in which to live. Things are going to go from bad to worse.

And as a substantive note. Did anyone see Ben Bernanke's comic performance in Congresss yesterday? After MONTHS of telling Americans the falsehood that "the recovery is right on track", he now has the gall to say that the "nations risks entering a sustained period of lagging economic indicators", and that the Congress might want to pump MORE bogus money into the economy.

Seeing him there had to make any person with even a remote understanding of free market economics laugh with a sad sort of humor... Here is the news from today, and the dummies at MSNBC.

 

ICE Agent Accused of Shooting a 14 yr Old Child at Border

But we have to make sure the border is secured by the US government, right?

http://news.yahoo.com/s/ap/20100608/ap_on_re_us/us_border_patrol_shootin...

 

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