Take a look!

http://www.bloomberg.com/news/2011-06-10/need-a-light-bulb-uncle-sam-get...

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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...

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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.

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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...

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.

So, despite the fact that global temperatures went flat in 1998, the camels must be exterminated.

http://www.breitbart.com/article.php?id=CNG.7a5f7af9f08212f6d2aaa2f75c51...

If there were true private property paradigms in place, and the government weren't involved, we could actually SEE if peoples' interests were being harmed by the camels, and the process to handle it would more closely conform to what people wanted.

But, that's not the way politicians allow people to operate.

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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

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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...

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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...

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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?

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

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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!

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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.

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

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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...

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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/

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We have mentioned this frequently. Get the gubment out of the air travel regulation business. The moves mentioned in this article wouldn't completely eliminate the fed influence, but it would be a good start.

http://www.cnbc.com/id/42779969

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In some eyes, the action of Starbucks firing a dwarf will be seen as the "Big Guy" literally harming the "Little Guy". But what is really at stake here is the principle of private ownership and control of one's property, private contract without interference from politicians,  business responsiveness to consumers and employees, and competiveness.

Then there is the US Constitution. It does not give Congress the power to pass bills that interfere with how people operate their private businesses, how they engage in private contract, or how consumers freely choose where to do business. It also PROHIBITS state governments from interfering in private contract.

That potato-headed, brilliantine egotist now talks as if maintaining a system of theft and coercion to provide crappy med services to old people is somehow the norm, and that trying to stop it is "social engineering on the right".

Hey, Gingrich: Would trying to stop a slave master from forcing a slave to work be "social engineering" because the slave master might get fewer bails of cotton?

Arse.

http://dailycaller.com/2011/05/16/paul-ryan-swipes-back-at-newt-gingrich...

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This is one of the major factors that led to the housing bubble and toxic mortgage mess from 2007 through to today!

When you see "Community Reinvestment Act" and "crackdown on redlining" think: politicians pushing bankers to give loans to people who can't affort them and will default. This is stunning that these people never seem to learn. It happened under the two previous Presidents and is still happening NOW!

http://www.businessweek.com/magazine/content/11_20/b4228031594062.htm

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