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Feds Decide Not to Pursue Medical Pot Users/Suppliers in States Where Deemed Legal
Too bad it took them so damned long. And isn't it interesting that they don't mention the US Constitution in this policy change? The matter of medical pot or ANY pot is a state issue. But, of course, admitting this fact would set the feds on a path that would abolish about 99% of everything they do. No wonder they don't bring it up.
http://www.msnbc.msn.com/id/33376482/ns/health/?GT1=43001
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As Free Market Folks Like Us Have Said: Fed Insurance Schemes Would Inspire Price Increases For Private Plans
It doesn't take a genius to figure this one out, yet people like Senator Jeanne Shaheen (despite being warned that this would happen when she pushed a similar plan in NH) love this kind of fascism. Interesting. One suspects they might actually, um... WANT this to happen. The feds will impose "guaranteed issue" regulations on the insurance companies, forcing them to accept people with pre-existing conditions. This will inspire healthy people who would normally be paying their premiums without making a lot of claims, to drop their policies, leaving sicker/older people in the pool, and forcing prices higher. The insurance lobbyists have been pushing for the feds to FORCE people to carry plans -- force through fines. Nice huh?
Bogus Federal Misconception of "Net Neutrality" Leading to Further Regs on Internet Markets
If one were a producer who owned a recording studio, and rented space on it to allow people to record their work with you, would it be right for parties not invovled in the transactions between you and your clients to tell you whom you had to admit to record? If you wanted to admit only the best clients, and give them the highest quality recording services, but someone who couldn't afford your services wanted in, should you be forced to do business with him? If producers who dealt with crap bands demanded that you let them in, should the gubment force you, even though you would lose money by letting them in for a lower price and for the production of inferior material?
Head of FDIC FINALLY Admits: It's GOT NO MONEY LEFT.
As we've been saying for oh, four months? Five? This thing is a bankrupt MENACE. The FDIC is a very, very dangerous and patently unconstitutional government creation, always inspiring more risky loans by banks than they would otherwise allow, because the banks can get below-market insurance rates from the FDIC rather than private insurers. The government has a tacit aggrement to ALWAYS bailout the FDIC, and so what happens? Yep, moral hazard, as economists say.
Guess who will bail out the FDIC? Yeah, you got it. YOU and your neighbor.
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http://globaleconomicanalysis.blogspot.com/2009/10/bair-admits-fdic-in-r...
WSJ Reports: Insane Cash 4 Clunkers Plan Will Cover... GOLF CARTS.
Makes you wanna watch Caddyshack, doesn't it...
http://online.wsj.com/article/SB1000142405274870410720457447372409954243...
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Federal Deficit Hits Mega-High at $1.42 Trillion
And THAT'S a LOW aggregation!
http://news.yahoo.com/s/ap/20091016/ap_on_bi_go_ec_fi/us_deficit_danger
Can't wait for the feds to continue trying to sell bonds while the Federal reserve is forced to raise interest rates. Gonna be "intersting times"...
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Sheldon Richman Hits Another Home Run - This Time, on Michael Moore
As Sheldon, editor of "The Freeman" magazine, and head of content for FEE.org's "In Brief", notes, if only Michael Moore would recognize that his form of "reform" would lead to even more centralized control over the "little guy" (and all "guys", in fact), perhaps he could be coaxed to see that the answer is market freedom, not bureaucratic control through gubment.
Great stuff!
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Fascist Mortgage Modifications to Continue
Meanwhile, CNN laments the fact that it's so "hard" to conform to the paperwork. Jeez!
http://money.cnn.com/2009/10/16/news/economy/Obama_modification_program/index.htm?section=money_topstories
Gold Hits New Record High
The questions that arise are these:
The false recovery that we'll see in the US... How long will it last before the near hyper-inflation the Fed and US Govt have inspried really starts to show itself?
WSJ Offers Overview of Dollar Problem...
It's no wonder the Dollar is losing adherents!
http://online.wsj.com/article/SB10001424052748704107204574470961505506386.html?mod=djemEditorialPage
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Report: Dollar Losing Position as International Reserve Currency
Did anyone see the price of gold today?
Inflationary spirals cannot be stopped. It will come, and foreigners and those who are buying precious metals understand this.
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Another Reason to Like Industrialist/Hotellier Steve Wynn
Check out this recap from Rush, and the vid... At first, it seems as if he's in favor of getting government involved in spending to "create jobs", but then he expands on it. We're not fans of having government hand out tax breaks based on certain kinds of behavior --- we'd rather have generally lower rates and eventually eliminate government altogether, but his point, given the situation, stands as an exception among many business people appearing on television. Think about staying at the Wynn or Encore hotels when you are next in Vegas.
http://www.rushlimbaugh.com/home/daily/site_101209/content/01125111.guest.html
Lone Republican Snow Votes YES on Insurance Fascism - Moves It Outta Committee
Was anyone surprised by this? And how about that arrogance? Her quote about "history" calling, that's so sweet, isn't it?
http://www.msnbc.msn.com/id/33290417/ns/politics-health_care_reform
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Obama Silently Deploys 13,000 More US Soldiers in Afghanistan - Seems only Guardian UK Reports It
Funny how the US pop media seems to have overlooked this, even as they kneel before the altar of the omnipotent Presidency, and the Nobel 'Piece' Prize...
http://www.guardian.co.uk/world/2009/oct/13/obama-afghanistan-troop-deployment
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"Pro-Fascist Medicine" Reporters for AP Lament Insurance Corporations Pulling Away from Insurance Bill
Please listen to our next pod, coming out early Tuesday, 10-13, to find out more about this situation!
http://apnews.myway.com/article/20091012/D9B9QLO81.html
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An Example of Biased Reporting, the NYT Still Doesn't Get Why They Are Going Bankrupt
With so-called "reporters" like these, is it any wonder people are sick of the rag?
http://www.msnbc.msn.com/id/33264375/ns/politics-the_new_york_times
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Gore Handlers Shut off Mic of Irish Journalist Who Challenges Former VP to Back Up "Global Warming" Claims
Yes, the rigors of intellectual debate. Nice to see how open the lefties are to engaging in full-fledged Q and A...
http://host.madison.com/wsj/news/local/article_dacf39c7-c2f8-5718-a5a0-d0cfb39f80bc.html
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How the Liberty Dollar Showed Me That Uncle Sam is a Blackout Drinking Wifebeater
Back in 1997 my brother and I worked together at a bagel shop. Every payday, we would gleefully go back to the local bank to cash out checks. We would gloat over our seemingly massive amounts of "Power Units." We had been told all our lives that our money was backed by GOLD. Wasn't the gold stored in Fort Knox what was providing the power to our "power units"?
Pop Media Avoids It: Dems Follow Bush Admin, Continue Unconstitutional Patriot Act
Not surprising. All the "civil libertarians" in the pop media who excoriated Bush and his criminal neo-con pals in the Republican Party for imposing the "Patriot Act" have now let Obama and Pelosi off the hook for doing the exact same thing as Bush. Nice.
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