Federal

Fed Wants Say Over Big Bank Dividends

Why lookee here! Fascism and state-run business models have crept in! Who woulda thunk it?! ;)

http://ca.news.yahoo.com/fed-seeks-over-big-bank-dividends-152344941.htm...

 

Be Seeing You!

Chinese Investment Gurus Say US "Already Defaulting" on Debts

We recently reported to you that the Chinese gubment has dropped 97% of its short-term US debt instruments. We explaiined at the time what could be surmised from that move: Chinese investors know that their TBills will be paid back in worthless Dollars. Well, now that analysis has been confirmed.

http://ca.news.yahoo.com/china-ratings-house-says-us-defaulting-report-0...

And it looks like many Chinese investment firms are starting to drop their long-term debt instruments as well.

Be Seeing You!

American Electric Power Says It Will Close Five Power Plants Due to EPA Reg Costs

Ahh yes, while Australian politicians push the idea that camels should be killed en masse, US politicians and bureaucrats prepare to impose costs of $6 Billion to 8 Billion on coal power plants in order to "stop climate change." Since "climate change' is a garbage term created by the hucksters who tried to sell "global warming" and were rebuffed by temperature data that shows the earth has COOLED since 1998, the shams have used the term "climate change" to impose more regulations and fees on energy supliers and manufacturers. American Electric says it will be forced to shut down at least five plants if the regulations are imposed as planned.

Please check out this piece...

Lack of Buyers May Force Treasury to Raise Rates

Gee, who couldn't have seen this coming? For more on why the US Treasury will, of course, raise rates, please listen to our 8th of June pod covering the sell-off of TBills by the Chinese gubment. They know that the US Dollar is going to fall even more, despite the blather being spouted by the pop media. This is a certainty. Why would anyone want to buy bonds that will pay back in worthless Dollars? As a result, the Treasury will be forced to have to offer higher interest rates, which will, in turn cause problems between it and the FED and the Fed's policy of easy money. Buuuut, the Fed is going to engage in a third round of backdoor inflation simultaneously to the Treasury, which will be "Quantative Easing 3", of the further purchase of US TREASURIES by the Federal Reserve.

FLA Troopers Break Law Themselves, Don't Acknowledge Bill O' Rights

Certain members of the FLA Highway Patrol are not only clueless about the 1st and 4th Amendments, they break the very laws about cell phone use at gas stations that the police are supposed to uphold.

Cute.

http://networkedblogs.com/iSXZw

Be Seeing You!

Prez Pledges Your Kids' Cash to Greece

So the gubment of China has already dumped 97% of its US T Bills because they know the bonds will be paid back in worthless paper, and now the feds want to MAKE MORE WORTHLESS PAPER and hand it to the Greek gubment...

Recall that Bowie song, "Cat People"? "I've been putting out the fire with gasoline. Putting out fire... With gasoline."

http://www.cnbc.com/id/43321461

 

Be Seeing You!

SWAT Team Invades Home FOR STUDENT LOAN DEFAULTS

We knew this would be coming. This was done to set an example, because the feds know there are going to be thousands, if not tens of thousands or hundreds of thousands, who are going to default on their student loans. The feds are trying to intimidate those who would consider defaulting. But that's okay. No warrant was issued to the man and the existence of federal student loans is unconstitutional, but none of that really matters. Anthony Weiner is in the news, and people can talk about that, right?!

http://www.news10.net/news/article/141072/2/Dept-of-Education-breaks-dow...

 

Be Seeing You!

At Least 30% of Employers Expect to Drop Health Coverage Due to Fed Med Fascism

Not unexpected. And we know that the fed fine is "low" when compared to the cost of insurance, sooooo, many young individuals who will be left without employer-sponsored plans will undoubtedly NOT get coverage, leaving sicker, higher-risk people in the pool, and increasing costs even further. Can you say, PRICE SPIRAL? It's precisely what happened in many states that forced "guaranteed issue" on companies.

http://www.marketwatch.com/story/firms-halting-coverage-as-reform-starts...

Be Seeing You!

 

Elderly Woman Scanned and Groped, Interviewed at Airport

Check out this video. Not a bad job by the lady recording. Just wish she had mentioned the 4th amendment, and addressed a claim by a man that he thought they should just do profiling. She needed to mention that the very PRESENCE of the feds in the airports is unconstitutional...

http://www.lewrockwell.com/blog/lewrw/archives/89312.html?utm_medium=twi...

Be Seeing You!

 

 

SCOTUS Issues BAD Ruling Re Hiring of "Illegal Immigrants"

So here's the deal. There's this Pennsylvania law that lets the state prohibit and issue fines for private companies hiring people who have been deemed "illegal immigrants" by the federal government.

This is, of course, a violation of the US Constitution's CONTRACT CLAUSE, which prohibits states from passing "any law impairing the obligation of contracts."  (http://en.wikipedia.org/wiki/Contract_Clause) States are not supposed to be able to interfere in private commerce. Simple, isn't it?

China DIVESTS 97% of Its US T Bills

This is some of the most significant news this century. HUGELY IMPORTANT, and the US Prez andSec of State will be scrambling to stop other gubments from doing the same.

It is ineitable now that the Fed will begin Quantitive Easing Three, because NO ONE WILL BUY US T BILLS! This is the start of some very, very bad mojo.

 

http://cnsnews.com/news/article/china-has-divested-97-percent-its-holdin

 

Be Seeing You!

Gubment Admits It Will Lose $14 BILLION From Auto Bailouts

But.. But... We were told GM was turning a profit... Oh, that's INCLUDING the gubment bailout money!

 

As we noted in our audio about "quantitative easing", when politicians like Judd Gregg told people the TARP and auto bailouts were "investments", people might have wanted to note that INVESTMENTS are doin VOLUNTARILY. What was done by people like Gregg and others is called THEFT.

 

http://news.yahoo.com/s/ap/20110601/ap_on_re_us/us_obama_autos_2

 

Thanks to Glenn Jacobs for grabbing this one!

 

Be Seeing You!

Man Detained for Video Recording Baltimore Rail

Despite the fact that there is no statute making it a crime, he is approached by police and told to stop. When he does not, they shift over to the wiretap law, to tell him they have not given him permission to record their voices. Of course, he was alone, and THEY APPROACHED him, knowing that he was recording, so their permission was implicit.

The wiretap law is being used more and more to try to prevent people from recording police engaging in erroneous and nefarious activity. It has nothing to do with wiretapping and everything to do with preventing the public from seeing cops at their worst.

The man recording things, although at times intimidated, held his ground, and was smart about how he handled the cops. They detained him without charge.

Anyone Surprised? Sen. Juddy Gregg Joins Goldman "TARP King" Sachs

It's too bad we don't have a tag for VENALITY. This is the same man who pushed the TARP bailout and others, a lot of which went to, yeah, you got it... GOLDMAN SACHS.

 

Incredible. Actually, no, not incredible, completely credible, completely fitting for a man who portrayed himself as a conservative, "small government" guy but promoted things like the Patriot Act, federal cameras under the ocean to give kids TV views of seacoast life, and million Dollar grants to Plymouth State University (NH) for a Meterology Wing named after, yeah, you got it, JUDDY GREGG.

 

Pending Home Sales drop to 7 Mo low

Anyone surprised?

Of course, the past few weeks saw the pop media trying to massage the data and make it look like the economy was 'recovering', when it wasn't. One wonders if they'll devote all the time and energy to reporting this that they did last week to fudging the numbers on things like employment and housing.

http://www.cnbc.com/id/43193255

Be Seeing You!

Legendary Polish Anti-Communist Lech Walesa Snubs US Prez - Hooray!

At least one former national political figure is willing to express disgust at what the leader of the American Empire has been doing.

Well done!

http://www.breitbart.com/article.php?id=CNG.599b4805ab72d45bfa692b589ebc...

 

Be Seeing You!

Feds Want Mandatory Black Boxes on Cars

Yeah, not only unconstitutional, but the boxes can record all places you've traveled, through gps tech, if the feds order it installed.

Big Brother's got an "electric eye", as Judas Priest might have said.

 

http://detnews.com/article/20110526/AUTO01/105260436/1148/U.S.-to-propos...

 

Be Seeing You!

Foreclosures Six Times Higher Than Average

Ahh, nothing like the "Community Reinvestment Act", various US Justice Departments, Fannie Mae and artificially low fed interest rates to create a cesspool of homes that should never have been built or sold.

And the forclosure sale process is still not as strong as it could be, because right now, people aren't even willing to shell out extra cash for those houses -- it's called a deepening recession, and the media pundits can do nothing to stop it.

http://www.msnbc.msn.com/id/43175612/ns/business-personal_finance/

 

Be Seeing You!

Sen Reid Likens Sen Rand Paul to Aid to Terrorists

Why?

 

Because Rand Paul opposes the reinstatement of the so-called "Partiot Act".

Seems to us that Reid is the criminal.

 

http://realclearpolitics.com/video/2011/05/26/reid_rand_pauls_opposition...

 

Se Seeing You!

Syndicate content