Peter Schiff, CEO of Euro Pacific Capital (and accurate economic forecaster) appearing on ‘Huckabee’ explaining his congressional testimony about government regulations making ‘hiring one of the riskiest things to do in the U.S.’ and how in 2008, his brokerage firm was growing and a regulatory body, FINRA, fined him $15,000 for hiring too many people too fast. “I didn’t realize that I didn’t have regulatory permission to grow my business that fast…and I got into trouble when I didn’t stop hiring when I was told to.”
This story goes even farther down the ‘Are You Freakin’ Kidding Me?’ lane…
Peter Schiff spent $500,000 in legal fees proving that he had made an honest mistake when he did not stop hiring when instructed to. (more…)
Peter Schiff being interviewed by Judge Napolitano about the debt ceiling vote that was just passed in the House today; which does not include spending cuts and does raise taxes through inflation. Best part? The new ‘Super Congress’; 12 clowns making decisions with Obama about what happens to taxpayers’ dollars. Yehaw! A new level of tyranny! (more…)
This financial genius has nailed it yet again with the continuing predictions that have come true. She starts this interview with the german bank taking over the NYSE and the fallout from that merger, fraud in different markets, bailouts and the trillions that have disappeared, and the ‘financial coup d’etat’ that occurred right in front of our faces. Have you yet seen a banker in handcuffs? She goes into cutting the head off the beast with the money that we give to the government, banks, and charities (Part 1, 11:00).
Please check the related links following the vids.
Catherine Austin Fitts: “Financial Coup d’Etat!!” – Alex Jones Tv 1/3:
Catherine Austin Fitts: “Financial Coup d’Etat!!” – Alex Jones Tv 2/3
Catherine Austin Fitts: “Financial Coup d’Etat!!” – Alex Jones Tv 3/3
In what is rapidly becoming another “Don’t You Dare Tax Me To Save The Bad Guys” moment…
How many of you remember:
8 track tapes, vinyl records, cassette tapes, the telegraph, the Pony Express, black and white television, rotary telephones, punch card computers, reel to reel film, commercial propeller airplanes, turntables, VCRs, and the radio in everyone’s living room?
Did these forms of technology either adapt or go the way of the dinosaurs when advanced technology became available? Then why would we even think of allowing the US Government through the FTC to prop up a withering form of media that has caused it’s own destruction through biased journalism?
The Federal Trade Commission (FTC) is considering several ways to help the struggling newspaper industry, but Americans strongly reject several proposed taxes to keep privately-owned newspapers going.
A new Rasmussen Reports national telephone survey finds that 84% oppose a three percent (3%) tax on monthly cell phone bills to help newspapers and traditional journalism.
Similarly, 76% oppose a proposed five percent tax on the purchase of consumer electronic items such as computers, iPads and Kindles to help support newspapers and traditional journalism. Seventy-four percent (74%) oppose the proposal to tax web sites like the Drudge Report to help the newspapers they draw their headlines from.
Each of these ideas was suggested for consideration in a recent FTC report.
Only 10% favor the tax on monthly cell phone bills to help newspapers and traditional journalism. Sixteen percent (16%) support the tax on consumer electronic devices, and 18% of Adults favor placing an additional tax on Internet news sites.
Seventy-one percent (71%) oppose the creation of a taxpayer-funded program that would hire and pay young reporters to work for newspapers around the country. Fourteen percent (14%) support such a program, while 15% are undecided.
The survey of 1,000 Adults was conducted on June 6-7, 2010 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.
One of the FTC’s central concerns is that the quality of local news reporting is suffering as financially struggling newspapers tighten their belts. Yet while Americans continue to see their local newspapers as more reliable than online news sources, they also have consistently questioned government assistance to keep those papers in business.
Democrats are more supportive of all three taxes than Republicans and adults not affiliated with either party are. But solid majorities oppose such taxes across all demographic groups.
Thirty percent (30%) of those ages 18 to 29 like the idea of a taxpayer-funded program to hire and pay young reporters. One-in-five Democrats (20%) favor it as well. But again adults in all demographic groups strongly oppose such a program.
In April 2009, 37% favored government subsidies for struggling newspapers, but 43% said it was better to let the papers go out of business.
Last summer, former CBS newsman Dan Rather proposed the creation of a White House commission to help save journalism jobs and find ways for news organizations to survive. Twenty-five percent (25%) like the idea, but 55% oppose it.
A short 2:30 video explaining what is about to happen to companies across the country because of Obamacare; $14 BILLION being sucked out of the free market. This new un-Constitutional law hurts everybody on some level! Still think Obama is a capitalist, free market guy way down deep, or do you believe, as I do, that this new law is just a massive revenue stream to keep the feds afloat just a bit longer?
In a bold but risky year-end strategy, Democrats are preparing to raise the federal debt ceiling by as much as $1.8 trillion before New Year’s rather than have to face the issue again prior to the 2010 elections.
“We’ve incurred this debt. We have to pay our bills,” House Majority Leader Steny Hoyer told POLITICO Wednesday. And the Maryland Democrat confirmed that the anticipated increase could be as high as $1.8 trillion — nearly twice what had been assumed in last spring’s budget resolution for the 2010 fiscal year. (emphasis mine)
The leadership is betting that it’s better for the party to take its lumps now rather than risk further votes over the coming year. But the enormity of the number could create its own dynamic, much as another debt ceiling fight in 1985 gave rise to the Gramm-Rudman deficit reduction act mandating across-the-board spending cuts nearly 25 years ago.
Putting America’s AAA rating at risk a couple months earlier is not going to save the corruptocrats.
Nelson also suggested he could support the package if the numbers come out favorably. “I’m not aware of anything that was raising serious objections about it. I think it was about, ‘Well, that sounds OK, but let’s see how it scores,’ ” he said.
Americans are raising serious objections to the health care reform bill coming out of the Senate.
The energized “tea party” movement, which upended this year’s political debate with noisy anti-government protests, is preparing to shake up the 2010 elections by channeling money and supporters to conservative candidates set to challenge both Democrats and Republicans.
Buoyed by their success in capsizing a moderate Republican candidate this fall in Upstate New York, tea party activists and affiliated groups are unveiling new political action committees and tactics aimed at capitalizing on conservative opposition to health-care reform, financial bailouts and other Obama administration policies. The goal is to harness the anger that led to hundreds of protests around the country from spring to fall, including a gathering of tens of thousands of protesters on the Mall in September.
One of the Virginia House’s most conservative members is seeking to insulate the commonwealth from national health care mandates, submitting the first in what could be a flurry of bills to defy the federal government next session.
Del. Bob Marshall, R-Manassas, filed legislation — dubbed the “Virginia Health Care Freedom Act” — proposing to block federal requirements that would fine residents for going without health insurance. The individual mandate is included in health care overhaul legislation passed by the U.S. House, which is now under consideration by the Senate.
Marshall’s legislation would also “protect an individual’s right and power to participate or to decline to participate in a health care system or plan,” according to the bill’s summary.
It seems they do; and the DNC leadership, mostly liberal left, have gone to the time, trouble and financial expense of selecting the Most Liberal Senator and Third Most Liberal Senator to run as the Democrat Ticket against the Maverick Ticket on the Republican side. What with Hollywood elite bashing on Sarah Palin, and Barack Obama speaking at a fundraiser in San Francisco about us regular folks clinging to our guns and religion, you would think that they are just way too good for the rest of America. Does someone have to remind them who does all the meaningful, brass tacks, peon work in this country? Where would they be if we were not getting up everyday to do our jobs? Stuck on the side of the road waiting for a cab, stuck at the airport waiting for someone to take their luggage, stuck at the restaurant waiting for a underpaid, lowly servant to bring their food and clean up after them? The elite in this country are starting to sound very much like “let them eat cake” and we all know how that worked out for the French aristocracy.
Today, I ran across an interesting article about why Elite Women Hate Palin and I think it definitely sums up the class war that has been in this country since, well since our country was founded. It also shows just how “high school mentality” this segment of the female population is, and why women who bash on other women make me so very angry. Isn’t it bad enough that we have been, and continue to be second class citizens in our own country making .77 on the dollar versus men? Elite women better wake up and smell the coffee, and soon.
Has the “elite” of this country, with the exception of Lady Lynn de Rothschilde and Cindy McCain (both of middle class upbringing), not realized that the working class of America outnumbers them? Why is it we only get to see the opinions of hollywood stars and trust fund babies on television? Oh, I forgot, the MSM is owned by the very same people bashing on the Republican ticket.
“If Sarah Palin is qualified to be a heartbeat away from the presidency, so am I!” (Oh Please! Not Likely! Working everyday to make a better place for your children requires very large ovaries and a backbone; elements that are created and made stronger by a lifetime full of adversity.)
These words spoken by my friend Janet were true. But Janet hasn’t put herself in Palin’s position by running for office. She’s made films and renovated houses, cushioned by inherited money. And since she doesn’t have any kids, it’s hard to say what would have gotten in the way if she’d wanted to be in politics. She didn’t, though, any more than 99% of my women friends and acquaintances; she believes in cultivating one’s own garden. (Translation: they are lazy.)
Most women I’ve talked with about Palin–all certified members of either the media elite or the just plain elite–take her nomination personally. Their animus isn’t explained just by her politics; none of them hate Condoleezza Rice, though they disagree with most everything she’s done. Nor, for that matter, do they even dislike John McCain. Typically they “respect” McCain but find him too old or too erratic or simply adore Obama. (Does the adoration of Obama come from his position on the issues or something else?)
It’s as though Palin were an average girl from their boarding school class–or, frankly, from the public school down the road–who unexpectedly won a big prize. “Why not me?” is the subtext, and it’s one I’ve never heard from men talking about male politicians. Many New Yorkers hate George Bush, for instance, and say similar things about his and Palin’s lack of intellectual capability and curiosity about the wider world. But they don’t view him as a personal rival. (What IS IT with women and this rivalry sh**? See: High School Popularity Contest. Oh, that’s right, your life has not been filled with trials that forced you to grow up.)
My friends who hate Palin are all more articulate and better educated than she is, better traveled, probably smarter, definitely more fun to talk with. But the reasons they can’t stand Palin are all wrong. (This statement smacks of elitism in and of itself. How would you know?)
It’s not so much that Palin isn’t one of our own–an Ivy League type, or an Eastern preppie, or a self-made intellectual like Rice. It’s not for the fake feminist reasons that “she’s against freedom of choice” or “she didn’t tell her daughter about birth control.” (Though there is an element of hatred for her fertility, and the fact that it hasn’t impeded her rise.) It’s not because Palin only got a passport a few years ago and doesn’t speak any foreign languages. (Why is that important when domestic issues are taking the forefront in this election? Issues like the economy, jobs, healthcare? Last time I checked, speaking foreign languages was not required to balance a state budget.)
No, it’s because Palin makes us look like the slackers we mainly are. We’ve had our bit of success, but we’ve also spent a lot of time smelling the roses. We’ve gone back to school to get another degree, volunteered in poor countries, devoted ourselves to a sport or a hobby. We’ve not had kids, or if we have, we’ve had one or two, and we’ve had nannies paid for by our work or our husbands or our inherited money. (Here is the disconnect and lack of appreciation for what the middle class does.)
We not only have had passports for decades, we’ve put serious mileage on them. We’ve lived overseas or spent months wandering around Africa or India, we understand foreign people and places in ways Palin never will–and yet it’s she who could become vice president, not one of us. (Maybe because she woke up everyday, went to work to make a better life for her family, and deserves it. Has that occurred to you?)
People who become writers and intellectuals and artists tend not to want power that badly or pursue it that obsessively, which is what makes us interesting and fun–and makes few of us household names. Success at the Palin level in politics or business takes a level of blinkered self-confidence that comes mainly to (a very few) men. A lot of the people with this quality are annoying to be around. Maybe they aren’t very happy with themselves. But it’s not a surprise that a vice presidential nominee should be one of them. (The circles you fly around in must be pretty sad. Most of my female friends are just like Sarah Palin and have a level of self-confidence you may never attain. What does this say about me, putting my ego on the line everyday with this blog?)
The lesson of Sarah Palin for privileged women is to try harder. And that may be the toughest one to hear. (I would not say try harder, I would just say “WORK”.)
Sarah Palin and John McCain offer the middle class families of this country what they actually need in the areas of tax relief, health care, leadership, and lest we forgot, HONESTY. Sarah and John come from the very middle class that Obama and Crew look down their noses at. Has everyone forgotten that near the end of the primaries, Hillary was kicking Bambi’s behind by 70-20 margins because she is one of the people and he is not? Party affiliations aside, Sarah and John connect to more people just by the very nature of who the middle class is, and what the middle class does. Barack Obama can never do that because he has no common point of reference. He was raised by one of those middle class grandmothers who worked hard to make a better life for her family while Barry was out surfing, drinking and doing drugs.
Sarah and John are not tainted by the subprime mortgage meltdown, yet Barack Obama, Chris Dodd, Barney Frank, and the Democratic Congress are.
Look at Sarah and John’s records and you will see elected officials that have put the American people first, unlike Obama and his buddies in the Democratic party who fostered all the bad mortgages under Fannie and Freddie.
Sarah and John’s stories are our stories. PTA mom that took a passion for her children and turned it into a career, and POW that has lived the worst and seen the best in Americans.
At this point, a vote for McCain/Palin is the only viable option.