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Private Corporations Fleeing Nazi Regulatory State Of California

CNN reports: Companies are “disinvesting” in California at a rate five times greater than just two years ago. “There is a feeling that the state is not stable,” Vranich said. “Sacramento can’t get its act together…and that includes the governor, legislators and regulatory agencies that are running wild.” The state has been ranked by Chief Executive magazine…

The Fraud Of Spending Cuts – How To Cut 2 Trillion Without Cutting 2 Trillion

Chris Edwards of the CATO Institute explains how pirates are about to defraud you: I’m getting very suspicious that party leaders will deliver phony “cuts,” not actual terminations in programs or reductions in entitlements. Looking at Congressional Budget Office projections, it is fairly easy to come up with $2 trillion in “savings” without actually cutting anything.…

Why The US Imports All Of Its Consumer Goods

I’ve always held that it is easier to print money to buy goods than it is to make them yourself, and this is why inflationary booms lead to an outsourcing of consumer goods manufacturing.  The Fed’s meddling with interest rates drives American consumer goods manufacturing overseas to China.  We saw the same kinds of things…

Mercatus Center: Socialist Security Going Super Nova Right Now

The Mercatus Center at George Mason University has reviewed the most recent Socialist Security projections and concludes the State will be forced into borrowing to fund payments beginning immediately. Since the Social Security trust funds are filled with Treasury securities and the cash used to purchase them has already been spent, the government will have…

China Dumps 97% Of Its Short Term Treasuries

Praise Mao CNS News reports: [China] decreasing its ownership of the short-term U.S. government securities from a peak of $210.4 billion in May 2009 to $5.69 billion in March 2011… In August 2008, before the bank bailout and the stimulus law, overall Chinese holdings of U.S. debt stood at $573.7 billion. That number continued to escalate past…