Uncategorized

This comes to us from the Orlando Sentinel, which brings us a story so ridiculous it must be emphasized that this is not a spoof piece. The OS reports: State labor officials asked their inspector general Monday to investigate why a Central Florida agency wants to spend public money to furnish the unemployed with...
Read More »

Bloomberg reports: Gold futures rose to a record $1,500.50 an ounce as U.S. debt concerns weighed on the dollar, boosting demand for the precious metal as an alternative investment. The greenback dropped against a basket of six currencies following Standard & Poor’s revision yesterday of its long-term rating of U.S. debt to negative from...
Read More »

The ZH team brings us up to speed on the latest government sanctioned tax payer fraud. Zero Hedge reports: Exactly one week ago, we commented on what many said was a “strong” 3 Year auction primarily courtesy of a 57.4% primary dealer takedown. We also said: “Keep an eye on CUSIP QC7: it will be...
Read More »

Interesting. According to the Heritage foundation’s 2011 survey of economic freedom, the Communist Chinese government spends less as a percentage of GDP than the American government does. China clocks in at 20.8% of GDP spending, with the American government spending 38.9% of GDP. China’s individual tax rates are at 45% and corporate are at 25%,...
Read More »

LOL The Lord recently came out and claimed that reducing government spending will turn America into a third world nation. AFP reports: CHICAGO (AFP) – US President Barack Obama accused Republicans of wanting to turn the United States into a “Third World” country as he rallied support for his reelection campaign. The attack came...
Read More »

Dr. Gerald Pollack of the University of Washington presents an absolutely awesome lecture on the nature of water. It may surprise you to know that modern science really does not have a good understanding of what water actually is and why it behaves the way it does.  It turns out that water actually takes...
Read More »

Mutually – Assured – Destruction It is a nuclear strategy adopted in the Cold War that simply stated says, if you try to kill me, I will take you down with me. The Criminal Geithner today declared that REPUBLICANS are to blame if there is a “default” because the Congress did not raise the...
Read More »

The Bernank spake and He said “Tu es stultus.”  Then the Bernank opened up the heavens and rained green linen cloths down upon the plebeians until they all were smothered to death. There was much weeping and gnashing of teeth. CNS News reports: Under President Barack Obama, the federal debt has been increasing at...
Read More »

May Mao bless your savings accounts. ZH reports: Yesterday the media had a field day when it was uncovered that the hard fought $38 billion in budget “cuts” which almost caused America to shut down were in reality $14 billion. We, thus, can’t wait to find out what the response will be when it...
Read More »

Syrian soldiers shot for refusing to fire on protesters Hoyer joins Obama in calling past vote on debt ceiling ‘a mistake’ Emerging economies face watershed moment at summit GE Rebuffs Tax Refund Report as ‘Hoax’ Nancy Pelosi: ‘Elections Shouldn’t Matter as Much as They Do’ Big banks are government-backed: Fed’s Hoenig Inflation Actually Near...
Read More »