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Friday, August 5, 2011

August 05, 2011

August 05, 2011

The Federal Reserve, Debt Ceiling, Quantitative Easing, Inflation, Free-Market Principles, Gold/Silver, Food Supply
Stocks sink 4%, Dow plummets 512...
http://www.cnbc.com/id/44017828
--"People are throwing in the towel because they can't find relief on any front. There are a lot of worries about the economy"
http://finance.yahoo.com/news/Wall-Street-extends-recent-rb-803713724.html
Gold sets new record as global stock sell-off accelerates
http://www.ft.com/intl/cms/s/0/f976aa92-bbf0-11e0-a7c8-00144feabdc0.html#axzz1U0KAOrZf
--"Investors were forced to sell their gold holdings to cover a wave of margin calls"
http://blogs.wsj.com/marketbeat/2011/08/04/margin-calls-hammer-gold/
Oil plummets below $87 to six-month low amid stalled economy fears
http://www.cnbc.com/id/44011118/
--Democrats warn long-term jobless could derail recovery
http://hosted.ap.org/dynamic/stories/B/BC_US_LONG_TERM_UNEMPLOYMENT?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-08-04-12-41-45
--"Why companies aren't hiring more workers"
http://www.msnbc.msn.com/id/44006656/ns/business-eye_on_the_economy/#.TjrAt67mZOc
----NEXT CRISIS:  Deeper recession looms as unemployment benefits dry up
http://www.cnbc.com/id/44019660
------FLASHBACK TO 2010:  "A Summer of Recovery"
http://www.whitehouse.gov/blog/2010/06/17/a-summer-recovery
"Budget plan doesn't fix the problem"
http://www.onecentsolution.org/2011/08/03/budget-plan-doesnt-fix-the-problem/
--Despite media's spin, tea party supporters OPPOSE debt agreement, 68% to 22%
http://www.gallup.com/poll/148841/Tea-Party-Supporters-Oppose-Debt-Agreement.aspx
--OpEd:  "The sheer folly of central economic planning"
http://www.forbes.com/forbes/2011/0822/opinions-bill-flax-capital-flows-economists-really-smart.html
--OpEd:  "The Austrians Were Right, Again"
http://mises.org/daily/5512/The-Austrians-Were-Right-Yet-Again
** MORE 'CHATTER' OF QUANTITATIVE EASING IN THE WORKS **
--Lance Roberts:  QE3 coming, but won't save economy (VIDEO)
http://finance.yahoo.com/blogs/daily-ticker/qe3-coming-won-t-save-economy-lance-roberts-161942266.html
--Bill Gross:  QE3 coming; PIMCO favors commodities, avoids dollar
http://blogs.barrons.com/focusonfunds/2011/08/02/bill-gross-qe3-on-the-way-pimco-favoring-commodities-avoiding-dollar/?mod=BOLBlog
--Nouriel Roubini via Twitter:  QE3 has begun
http://www.businessinsider.com/roubini-qe3-has-begun-2011-8
--"What QE2.5 Might Look Like"
http://www.businessinsider.com/what-the-fed-can-do-2011-8
----FLASHBACK: "The Bears Explain Quantitative Easing" (VIDEO)
http://www.youtube.com/watch?v=PTUY16CkS-k
VP Biden to visit China and Japan (two of our largest bondholders) later this month...
http://hosted.ap.org/dynamic/stories/U/US_BIDEN_ASIA?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-08-04-14-08-45
--Government will borrow $72 billion in debt auctions next week
http://finance.yahoo.com/news/Govt-will-borrow-72B-in-debt-apf-3907839998.html
--OpEd:  "America's Collapse Will Be Sudden and Very Painful"
http://www.shtfplan.com/headline-news/collapse-it-will-be-sudden-and-very-painful_08042011
Italy:  Prosecutor  credit ratings agencies, seizes Moody's, S&P documents
http://www.zerohedge.com/news/war-against-rating-agencies-begins-italy-prosecutor-seizes-moodys-sp-documents
--HISTORY:  "What can the Ancient Greeks do for us?"
http://www.guardian.co.uk/world/2011/aug/01/what-can-ancient-greeks
Venezuela to compensate American oil companies for nationalization?
http://oilprice.com/Energy/Energy-General/Venezuela-to-Compensate-American-Oil-Companies-for-Nationalization.html

Big Government, Socialism/Nazism/Progressivism/Globalism, Redistribution of Wealth, Economic/Environmental/Social Justice, Collective Salvation, Liberation Theology

**New debt deal 'Super Congress' is 'Super Unconstitutional'**
http://scottfactor.com/conservative_blog/new-debt-deal-“super-congress”-is-
super-unconstitutional/
--Debt ceiling deal could jeopardize funding for ObamaCare...
http://www.politico.com/news/stories/0811/60634.html

----Massachusetts:  ObamaCare windfall of $275 million for Massachusetts hospitals
http://www.centurylink.net/news/read.php?rip_id=%3CD9OT4B1G0%40news.ap.org%3E&ps=1017
------HISTORY:  "Ben Franklin: wealth redistribution, that's what tyrants do"
http://progressingamerica.blogspot.com/2011/08/ben-franklin-wealth-redistribution.html
Report:  Obama admin adds 608 new regulations -- in July!
http://www.usnews.com/news/washington-whispers/articles/2011/08/03/report-obama-administration-added-95-billion-in-red-tape-in-july
Hungary follows the Beijing model...
http://www.presseurop.eu/en/content/article/834851-beijing-model
Firearms industry files suit against ATF to stop multiple sales reporting of rifles
http://www.rightsidenews.com/2011080314208/us/homeland-security/firearms-industry-files-suit-against-atf.html

Anti-concealed carry statistics don't match up to real world
http://www.examiner.com/gun-rights-in-national/anti-concealed-carry-statistics-don-t-match-up-to-real-world
Garlic-fed cows combat global warming...
http://www.euractiv.com/en/climate-change/garlic-fed-cows-combat-global-warming-news-506900

Illegal Aliens/Open Borders, National Security, Terrorism/"Man-Caused Disasters", Jihad/"Misunderstanders Of Islam", Caliphate/Khalifa/Shariah, Pro-Palestine/Anti-Israel

** AlGore calls for 'Arab Spring' uprising in America against tea party movement ** (VIDEO)
http://www.norcalblogs.com/gate/2011/08/video-of-al-gore-threatening-tea-party-citizens.php

President spreads false claim that Thomas Jefferson hosted first Ramadan iftar dinner at White House
http://www.jihadwatch.org/2011/08/obama-spreads-false-claim-that-thomas-jefferson-hosted-first-ramadan-iftar-dinner-at-white-house.html

16 countries, including Mexico, file briefs against new Alabama immigration law
http://www.foxnews.com/world/2011/08/04/16-countries-including-mexico-file-briefs-against-new-alabama-immigration-law/
U.S. court documents claim Sinaloa drug cartel is protected by U.S. government
http://narcosphere.narconews.com/notebook/bill-conroy/2011/07/us-court-documents-claim-sinaloa-cartel-protected-us-government
Amtrak blows $1 billion in DHS grants to protect against terrorism
http://www.judicialwatch.org/blog/2011/aug/amtrak-blows-1-bil-dhs-grants-protect-against-terrorism

This Is What 'Democracy' Looks Like:
--Turkey:  Nation foils Iranian arms shipment to Syria
http://www.ynetnews.com/articles/0,7340,L-4104311,00.html
--
"No morn ever dawned more favorable than ours did; and no day was every more clouded than the present! Wisdom, and good examples are necessary at this time to rescue the political machine from the impending storm." ~~ George Washington, letter to James Madison, 1786

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