Saturday, August 6, 2011
August 06, 2011
August 06, 2011
This day in U.S. history: August 6, 1945 -- American detonates first atomic bomb over Hiroshima, Japan
http://www.trumanlibrary.org/
The Federal Reserve, Debt Ceiling, Quantitative Easing, Inflation, Free-Market Principles, Gold/Silver, Food Supply
"United States of America Long-Term Rating Lowered To 'AA+' Due To Political Risks, Rising Debt Burden; Outlook Negative"
http://www.standardandpoors.
--** S&P reconsiders its downgrade after White House challenge **
http://www.zerohedge.com/news/
----FLASHBACK TO APRIL: 'No risk' the U.S. will lose its top credit rating, says Treasury's Geithner
President: Extending unemployment benefits will "create jobs right now" (VIDEO)
http://www.realclearpolitics.
--WH Jay Carney: "The White House doesn't create jobs"
http://www.realclearpolitics.
----"Wind-Turbine Maker That Obama Praised Files for Bankruptcy"
http://www.industryweek.com/
Facts & figures released today:
--Average length of unemployment surges to new all-time record 40.4 weeks
http://www.zerohedge.com/news/
--Food stamp use rises to record 45.8 million
http://money.cnn.com/2011/08/
--I.R.S. states that less than 0.1% of America's taxpayers are millionaires...
http://www.politico.com/news/
** European Central Bank pledges 133% of Germany's GDP to cover all of Europe's bad debt **
http://www.zerohedge.com/news/
--HISTORY: Germany and the Treaty of Versailles
http://library.thinkquest.org/
--Italy: Officials contemplate balanced budget amendment
http://www.ft.com/intl/cms/s/
--Switzerland: Nation pays price for its fiscal sanity (balanced budget, low unemp. rate, gold-back currency)...
http://hosted.ap.org/dynamic/
--OpEd: "U.S. Cash Hoarding Starts"
http://finance.townhall.com/
China: Nation's version of 'tea party' grumbles over its own government's waste
http://www.washingtontimes.
Interior Dept. reverses moratorium on offshore drilling in Arctic...
http://www.ibtimes.com/
OpEd: "A few inconvenient truths getting in the way of the 'inherited' meme"
http://hotair.com/archives/
Big Government, Socialism/Nazism/
Wisconsin: Black youth attack white State Fair attendees, youth policy imposed after violence
http://www.jsonline.com/news/
John Kerry: Media has "responsibility" to "not give equal time" to tea party (VIDEO)
http://www.realclearpolitics.
Illinois: Public school cuts crossing guards but spends $120K for "Chief of Equity & Social Justice"...
http://www.theblaze.com/
DOD, DHS among agencies dedicated to environmental justice
http://www.facebook.com/note.
Virginia: City ponders approving homeless 'tent city'
http://hamptonroads.com.nyud.
Communist Party USA endorses Obama, Democrats in 2012
http://www.examiner.com/
Illegal Aliens/Open Borders, National Security, Terrorism/"Man-Caused Disasters", Jihad/"Misunderstanders Of Islam", Caliphate/Khalifa/Shariah, Pro-Palestine/Anti-Israel
China: Deadly missile boats outpacing similar U.S. craft
http://www.theblaze.com/
This Is What 'Democracy' Looks Like:
--Russia: Intelligence agents tell of intimidation, smears of American officials, diplomats
http://www.washingtontimes.
--
"The aim of every political constitution is, or ought to be, first to obtain for rulers men who possess most wisdom to discern, and most virtue to pursue, the common good of the society; and in the next place, to take the most effectual precautions for keeping them virtuous whilst they continue to hold their public trust." ~~ James Madison, Federalist No. 57, 1788
This day in U.S. history: August 6, 1945 -- American detonates first atomic bomb over Hiroshima, Japan
http://www.trumanlibrary.org/
The Federal Reserve, Debt Ceiling, Quantitative Easing, Inflation, Free-Market Principles, Gold/Silver, Food Supply
"United States of America Long-Term Rating Lowered To 'AA+' Due To Political Risks, Rising Debt Burden; Outlook Negative"
http://www.standardandpoors.
--** S&P reconsiders its downgrade after White House challenge **
http://www.zerohedge.com/news/
----FLASHBACK TO APRIL: 'No risk' the U.S. will lose its top credit rating, says Treasury's Geithner
President: Extending unemployment benefits will "create jobs right now" (VIDEO)
http://www.realclearpolitics.
--WH Jay Carney: "The White House doesn't create jobs"
http://www.realclearpolitics.
----"Wind-Turbine Maker That Obama Praised Files for Bankruptcy"
http://www.industryweek.com/
Facts & figures released today:
--Average length of unemployment surges to new all-time record 40.4 weeks
http://www.zerohedge.com/news/
--Food stamp use rises to record 45.8 million
http://money.cnn.com/2011/08/
--I.R.S. states that less than 0.1% of America's taxpayers are millionaires...
http://www.politico.com/news/
** European Central Bank pledges 133% of Germany's GDP to cover all of Europe's bad debt **
http://www.zerohedge.com/news/
--HISTORY: Germany and the Treaty of Versailles
http://library.thinkquest.org/
--Italy: Officials contemplate balanced budget amendment
http://www.ft.com/intl/cms/s/
--Switzerland: Nation pays price for its fiscal sanity (balanced budget, low unemp. rate, gold-back currency)...
http://hosted.ap.org/dynamic/
--OpEd: "U.S. Cash Hoarding Starts"
http://finance.townhall.com/
China: Nation's version of 'tea party' grumbles over its own government's waste
http://www.washingtontimes.
Interior Dept. reverses moratorium on offshore drilling in Arctic...
http://www.ibtimes.com/
OpEd: "A few inconvenient truths getting in the way of the 'inherited' meme"
http://hotair.com/archives/
Big Government, Socialism/Nazism/
Wisconsin: Black youth attack white State Fair attendees, youth policy imposed after violence
http://www.jsonline.com/news/
John Kerry: Media has "responsibility" to "not give equal time" to tea party (VIDEO)
http://www.realclearpolitics.
Illinois: Public school cuts crossing guards but spends $120K for "Chief of Equity & Social Justice"...
http://www.theblaze.com/
DOD, DHS among agencies dedicated to environmental justice
http://www.facebook.com/note.
Virginia: City ponders approving homeless 'tent city'
http://hamptonroads.com.nyud.
Communist Party USA endorses Obama, Democrats in 2012
http://www.examiner.com/
Illegal Aliens/Open Borders, National Security, Terrorism/"Man-Caused Disasters", Jihad/"Misunderstanders Of Islam", Caliphate/Khalifa/Shariah, Pro-Palestine/Anti-Israel
China: Deadly missile boats outpacing similar U.S. craft
http://www.theblaze.com/
This Is What 'Democracy' Looks Like:
--Russia: Intelligence agents tell of intimidation, smears of American officials, diplomats
http://www.washingtontimes.
--
"The aim of every political constitution is, or ought to be, first to obtain for rulers men who possess most wisdom to discern, and most virtue to pursue, the common good of the society; and in the next place, to take the most effectual precautions for keeping them virtuous whilst they continue to hold their public trust." ~~ James Madison, Federalist No. 57, 1788
Friday, August 5, 2011
BREAKING: S&P downgrades U.S. credit rating
S&P downgrades U.S. credit rating
--...for first time in U.S. history
http://www.washingtonpost.com/
--...cuts the long-term U.S. credit rating by one notch to AA-plus
http://www.buenosairesherald.
Possible reasons:
--White House claims the S&P made an erroneous math mistake & all those pesky tea partiers brought too much attention to it
http://blogs.abcnews.com/
--S&P believes China, Russia, & the tea partiers were right -- America needed to make deeper cuts across the board...
http://blogs.wsj.com/
What it means:
--"Taking a Closer Look at the Result of a Credit Downgrade"
http://www.nytimes.com/2011/
--per Goldman Sachs: "Here's What a Credit Downgrade Does to the U.S."
http://wallstcheatsheet.com/
--Economist: "Double-A plus is not a big issue, but it is going to have an impact"
http://www.msnbc.msn.com/id/
--"downgrade could add up to 0.7 of a percentage point to U.S. Treasuries' yields over time, increasing funding costs for public debt by some $100 billion"
http://news.yahoo.com/p-
Sound advice:
--from China: "To eat May's grain in April will never be a permanent solution to a problem"
http://www.france24.com/en/
--from Thomas Jefferson: "There does not exist an engine so demoralizing of the nation as a public debt. It will bring on us more ruin at home than all the enemies from abroad against whom this army and navy are to protect us."
http://spectator.org/archives/
--from Texas Gov. Rick Perry: Pray.
http://www.washingtonpost.com/
--...for first time in U.S. history
http://www.washingtonpost.com/
--...cuts the long-term U.S. credit rating by one notch to AA-plus
http://www.buenosairesherald.
Possible reasons:
--White House claims the S&P made an erroneous math mistake & all those pesky tea partiers brought too much attention to it
http://blogs.abcnews.com/
--S&P believes China, Russia, & the tea partiers were right -- America needed to make deeper cuts across the board...
http://blogs.wsj.com/
What it means:
--"Taking a Closer Look at the Result of a Credit Downgrade"
http://www.nytimes.com/2011/
--per Goldman Sachs: "Here's What a Credit Downgrade Does to the U.S."
http://wallstcheatsheet.com/
--Economist: "Double-A plus is not a big issue, but it is going to have an impact"
http://www.msnbc.msn.com/id/
--"downgrade could add up to 0.7 of a percentage point to U.S. Treasuries' yields over time, increasing funding costs for public debt by some $100 billion"
http://news.yahoo.com/p-
Sound advice:
--from China: "To eat May's grain in April will never be a permanent solution to a problem"
http://www.france24.com/en/
--from Thomas Jefferson: "There does not exist an engine so demoralizing of the nation as a public debt. It will bring on us more ruin at home than all the enemies from abroad against whom this army and navy are to protect us."
http://spectator.org/archives/
--from Texas Gov. Rick Perry: Pray.
http://www.washingtonpost.com/
U.S. "Day Of Rage" announced via Facebook...to commence 9/17/2011
U.S. "Day Of Rage" announced via Facebook...to commence 9/17/2011
http://www.usdayofrage.org/
and
http://www.facebook.com/pages/US-Day-of-Rage/199185230105826
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/
--"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/
Gold sets new record as global stock sell-off accelerates
http://www.ft.com/intl/cms/s/
--"Investors were forced to sell their gold holdings to cover a wave of margin calls"
http://blogs.wsj.com/
Oil plummets below $87 to six-month low amid stalled economy fears
http://www.cnbc.com/id/
--Democrats warn long-term jobless could derail recovery
http://hosted.ap.org/dynamic/
--"Why companies aren't hiring more workers"
http://www.msnbc.msn.com/id/
----NEXT CRISIS: Deeper recession looms as unemployment benefits dry up
http://www.cnbc.com/id/
------FLASHBACK TO 2010: "A Summer of Recovery"
http://www.whitehouse.gov/
"Budget plan doesn't fix the problem"
http://www.onecentsolution.
--Despite media's spin, tea party supporters OPPOSE debt agreement, 68% to 22%
http://www.gallup.com/poll/
--OpEd: "The sheer folly of central economic planning"
http://www.forbes.com/forbes/
--OpEd: "The Austrians Were Right, Again"
http://mises.org/daily/5512/
** MORE 'CHATTER' OF QUANTITATIVE EASING IN THE WORKS **
--Lance Roberts: QE3 coming, but won't save economy (VIDEO)
http://finance.yahoo.com/
--Bill Gross: QE3 coming; PIMCO favors commodities, avoids dollar
http://blogs.barrons.com/
--Nouriel Roubini via Twitter: QE3 has begun
http://www.businessinsider.
--"What QE2.5 Might Look Like"
http://www.businessinsider.
----FLASHBACK: "The Bears Explain Quantitative Easing" (VIDEO)
http://www.youtube.com/watch?
VP Biden to visit China and Japan (two of our largest bondholders) later this month...
http://hosted.ap.org/dynamic/
--Government will borrow $72 billion in debt auctions next week
http://finance.yahoo.com/news/
--OpEd: "America's Collapse Will Be Sudden and Very Painful"
http://www.shtfplan.com/
Italy: Prosecutor credit ratings agencies, seizes Moody's, S&P documents
http://www.zerohedge.com/news/
--HISTORY: "What can the Ancient Greeks do for us?"
http://www.guardian.co.uk/
Venezuela to compensate American oil companies for nationalization?
http://oilprice.com/Energy/
Big Government, Socialism/Nazism/
**New debt deal 'Super Congress' is 'Super Unconstitutional'**
http://scottfactor.com/
--Debt ceiling deal could jeopardize funding for ObamaCare...
http://www.politico.com/news/
----Massachusetts: ObamaCare windfall of $275 million for Massachusetts hospitals
http://www.centurylink.net/
------HISTORY: "Ben Franklin: wealth redistribution, that's what tyrants do"
http://progressingamerica.
Report: Obama admin adds 608 new regulations -- in July!
http://www.usnews.com/news/
Hungary follows the Beijing model...
http://www.presseurop.eu/en/
Firearms industry files suit against ATF to stop multiple sales reporting of rifles
http://www.rightsidenews.com/
Anti-concealed carry statistics don't match up to real world
http://www.examiner.com/gun-
Garlic-fed cows combat global warming...
http://www.euractiv.com/en/
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/
President spreads false claim that Thomas Jefferson hosted first Ramadan iftar dinner at White House
http://www.jihadwatch.org/
16 countries, including Mexico, file briefs against new Alabama immigration law
http://www.foxnews.com/world/
U.S. court documents claim Sinaloa drug cartel is protected by U.S. government
http://narcosphere.narconews.
Amtrak blows $1 billion in DHS grants to protect against terrorism
http://www.judicialwatch.org/
This Is What 'Democracy' Looks Like:
--Turkey: Nation foils Iranian arms shipment to Syria
http://www.ynetnews.com/
--
"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
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/
--"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/
Gold sets new record as global stock sell-off accelerates
http://www.ft.com/intl/cms/s/
--"Investors were forced to sell their gold holdings to cover a wave of margin calls"
http://blogs.wsj.com/
Oil plummets below $87 to six-month low amid stalled economy fears
http://www.cnbc.com/id/
--Democrats warn long-term jobless could derail recovery
http://hosted.ap.org/dynamic/
--"Why companies aren't hiring more workers"
http://www.msnbc.msn.com/id/
----NEXT CRISIS: Deeper recession looms as unemployment benefits dry up
http://www.cnbc.com/id/
------FLASHBACK TO 2010: "A Summer of Recovery"
http://www.whitehouse.gov/
"Budget plan doesn't fix the problem"
http://www.onecentsolution.
--Despite media's spin, tea party supporters OPPOSE debt agreement, 68% to 22%
http://www.gallup.com/poll/
--OpEd: "The sheer folly of central economic planning"
http://www.forbes.com/forbes/
--OpEd: "The Austrians Were Right, Again"
http://mises.org/daily/5512/
** MORE 'CHATTER' OF QUANTITATIVE EASING IN THE WORKS **
--Lance Roberts: QE3 coming, but won't save economy (VIDEO)
http://finance.yahoo.com/
--Bill Gross: QE3 coming; PIMCO favors commodities, avoids dollar
http://blogs.barrons.com/
--Nouriel Roubini via Twitter: QE3 has begun
http://www.businessinsider.
--"What QE2.5 Might Look Like"
http://www.businessinsider.
----FLASHBACK: "The Bears Explain Quantitative Easing" (VIDEO)
http://www.youtube.com/watch?
VP Biden to visit China and Japan (two of our largest bondholders) later this month...
http://hosted.ap.org/dynamic/
--Government will borrow $72 billion in debt auctions next week
http://finance.yahoo.com/news/
--OpEd: "America's Collapse Will Be Sudden and Very Painful"
http://www.shtfplan.com/
Italy: Prosecutor credit ratings agencies, seizes Moody's, S&P documents
http://www.zerohedge.com/news/
--HISTORY: "What can the Ancient Greeks do for us?"
http://www.guardian.co.uk/
Venezuela to compensate American oil companies for nationalization?
http://oilprice.com/Energy/
Big Government, Socialism/Nazism/
**New debt deal 'Super Congress' is 'Super Unconstitutional'**
http://scottfactor.com/
--Debt ceiling deal could jeopardize funding for ObamaCare...
http://www.politico.com/news/
----Massachusetts: ObamaCare windfall of $275 million for Massachusetts hospitals
http://www.centurylink.net/
------HISTORY: "Ben Franklin: wealth redistribution, that's what tyrants do"
http://progressingamerica.
Report: Obama admin adds 608 new regulations -- in July!
http://www.usnews.com/news/
Hungary follows the Beijing model...
http://www.presseurop.eu/en/
Firearms industry files suit against ATF to stop multiple sales reporting of rifles
http://www.rightsidenews.com/
Anti-concealed carry statistics don't match up to real world
http://www.examiner.com/gun-
Garlic-fed cows combat global warming...
http://www.euractiv.com/en/
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/
President spreads false claim that Thomas Jefferson hosted first Ramadan iftar dinner at White House
http://www.jihadwatch.org/
16 countries, including Mexico, file briefs against new Alabama immigration law
http://www.foxnews.com/world/
U.S. court documents claim Sinaloa drug cartel is protected by U.S. government
http://narcosphere.narconews.
Amtrak blows $1 billion in DHS grants to protect against terrorism
http://www.judicialwatch.org/
This Is What 'Democracy' Looks Like:
--Turkey: Nation foils Iranian arms shipment to Syria
http://www.ynetnews.com/
--
"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
Thursday, August 4, 2011
August 04, 2011
August 04, 2011
The Federal Reserve, Debt Ceiling, Quantitative Easing, Inflation, Free-Market Principles, Gold/Silver, Food Supply
THE MORNING AFTER: U.S. BORROWING TOPS 100% OF U.S. GDP, NOW IN SAME LEAGUE AS ITALY, BELGIUM...
http://news.yahoo.com/us-aaa-
Lookout, gang:
--W.H. Spox Jay Carney: "We believe the economy will continue to grow", no "threat of a double-dip recession"
http://www.google.com/
--Rep. Nancy Pelosi predicts $2.4 trillion added to federal credit-card limit WILL LAST ONLY 18 MONTHS (VIDEO)
http://www.cnsnews.com/news/
--Bondholders China, Russia blast U.S. borrowing (they wanted the tea party's budget cuts, not the "compromise" ceiling increase...)
http://www.bloomberg.com/news/
--Chinese credit ratings agency downgrades U.S. from A+ to A, outlook negative
http://www.zerohedge.com/news/
--VIDEO: "The Spending is Nuts"
http://www.youtube.com/watch?
--OpEd: "The Coming Crises Of Governments"
http://www.ft.com/cms/s/0/
With debt limit fight resolved, spending restraint should remain central to authorization debates
http://www.
--Rep. Ron Paul releases "Statement on the Budget Control Act"
http://paul.house.gov/index.
----...and introduces bill to cancel $1.6T in debt held by Federal Reserve
http://thehill.com/blogs/
QE3 on the horizon
--Stocks suddenly rebound as QE3 talk begins
http://www.businessinsider.
--Hedge-fund manager Barton Biggs: Get ready for a "different kind of QE3" --> (Feds buy mortgages & single-family homes...)
http://www.businessinsider.
Bank Of America in talks for home foreclosure settlement: report
http://www.reuters.com/
--"Helping Responsible Homeowners Act (S. 170)" would allow current but underwater borrowers to refinance
http://www.appraisalinstitute.
----OpEd: "'Reckless Endangerment' and the Mortgage Crisis Narrative"
http://fixedincomecolor.com/
Private-sector jobs up 114,000 in July
http://www.marketwatch.com/
--U.S. layoffs soar to 16-month high in July
http://www.foxbusiness.com/
Europe's money markets freeze as crisis escalates in Italy and Spain
http://www.telegraph.co.uk/
--EU says euro area's systemic capacity in doubt
http://finance.yahoo.com/news/
Gold to hit $2,000/ounce before year end (CHART)
http://www.telegraph.co.uk/
TRICKLE-DOWN ECONOMICS IN ACTION: "How Does a Four-Year-Old Spend $46,000 a Month?"
http://blogs.wsj.com/wealth/
Big Government, Socialism/Nazism/
Russia honors Obama with postage stamp for 50th birthday
http://www.americanthinker.
--A GREAT OP-ED: "The Secret of Socialism"
http://www.americanthinker.
President holds another secret meeting with AFL-CIO's Trumka...
http://dailycaller.com/2011/
Jesse Jackson: "Big government is us by another name" (VIDEO)
http://www.theblaze.com/
"Ever since they fudged the numbers to pass ObamaCare, Democrats have abandoned credible spending plans"
http://online.wsj.com/article/
New York Magazine produces video with 6th graders explaining debt deal, knocks tea party in the process...
http://www.theblaze.com/
--OpEd: "Biden's Tea Party terrorists -- Earth to Obama: Americans don't want higher taxes"
http://www.washingtontimes.
Judge allows American to sue Rumsfeld over torture
http://hosted.ap.org/dynamic/
Study: Biodegradable plastics could WORSEN global warming
http://www.bendbulletin.com/
"Welcome to the U.N.'s Agenda 21's 'Walkability'"
http://canadafreepress.com/
Chevy Volt: Still Not Selling
http://www.weeklystandard.com/
Ethanol-loving bacteria accelerate cracking of pipeline steels...
http://www.eurekalert.org/pub_
Illegal Aliens/Open Borders, National Security, Terrorism/"Man-Caused Disasters", Jihad/"Misunderstanders Of Islam", Caliphate/Khalifa/Shariah, Pro-Palestine/Anti-Israel
Illinois: Insolvent state hemorrhaging jobs enacts its version of the federal DREAM Act
http://www.investors.com/
--POLL: Record support for Arizona-style immigration enforcement laws
http://standwitharizona.com/
--H.R. 1505: 'National Security & Federal Lands Protection Act' (NSFLPA) --> law bypasses 'environmental' laws, gives Border Patrol tools needed to control our borders
http://www.coachisright.com/
Question: Which religious group is most optimistic about the future? Answer: American Muslims
http://www.theblaze.com/
Report: 27 with terrorist links held F.A.A. licenses
http://mobile.nytimes.com/
Organization of Islamic Cooperation (OIC) to implement resolution with State Secy. Hillary Clinton to combat "defamation of religion", Islamophobia...
http://bigpeace.com/dwest/
--New White House plan to "counter violent extremism"...
http://hosted.ap.org/dynamic/
--..."When extremist speech articulates a threat of imminent violence, which could qualify as criminal hate speech, law enforcement authorities should take appropriate action." (aren't tea partiers being labeled as being "extremists"?)
http://securitydebrief.com/
Alleged American jihad-enthusiast plans to plead guilty
http://www.theblaze.com/
Experts blame China for massive global cyberattack targeting U.S., U.N. computers
http://www.foxnews.com/
This Is What 'Democracy' Looks Like:
--Iran: Revolutionary guards commander becomes new president of OPEC
http://www.guardian.co.uk/
--Libya: Nation allying with Islamists (read: caliphate)
http://www.nytimes.com/2011/
--
"I suppose, indeed, that in public life, a man whose political principles have any decided character and who has energy enough to give them effect must always expect to encounter political hostility from those of adverse principles." ~~ Thomas Jefferson, letter to Richard M. Johnson, 1808
The Federal Reserve, Debt Ceiling, Quantitative Easing, Inflation, Free-Market Principles, Gold/Silver, Food Supply
THE MORNING AFTER: U.S. BORROWING TOPS 100% OF U.S. GDP, NOW IN SAME LEAGUE AS ITALY, BELGIUM...
http://news.yahoo.com/us-aaa-
Lookout, gang:
--W.H. Spox Jay Carney: "We believe the economy will continue to grow", no "threat of a double-dip recession"
http://www.google.com/
--Rep. Nancy Pelosi predicts $2.4 trillion added to federal credit-card limit WILL LAST ONLY 18 MONTHS (VIDEO)
http://www.cnsnews.com/news/
--Bondholders China, Russia blast U.S. borrowing (they wanted the tea party's budget cuts, not the "compromise" ceiling increase...)
http://www.bloomberg.com/news/
--Chinese credit ratings agency downgrades U.S. from A+ to A, outlook negative
http://www.zerohedge.com/news/
--VIDEO: "The Spending is Nuts"
http://www.youtube.com/watch?
--OpEd: "The Coming Crises Of Governments"
http://www.ft.com/cms/s/0/
With debt limit fight resolved, spending restraint should remain central to authorization debates
http://www.
--Rep. Ron Paul releases "Statement on the Budget Control Act"
http://paul.house.gov/index.
----...and introduces bill to cancel $1.6T in debt held by Federal Reserve
http://thehill.com/blogs/
QE3 on the horizon
--Stocks suddenly rebound as QE3 talk begins
http://www.businessinsider.
--Hedge-fund manager Barton Biggs: Get ready for a "different kind of QE3" --> (Feds buy mortgages & single-family homes...)
http://www.businessinsider.
Bank Of America in talks for home foreclosure settlement: report
http://www.reuters.com/
--"Helping Responsible Homeowners Act (S. 170)" would allow current but underwater borrowers to refinance
http://www.appraisalinstitute.
----OpEd: "'Reckless Endangerment' and the Mortgage Crisis Narrative"
http://fixedincomecolor.com/
Private-sector jobs up 114,000 in July
http://www.marketwatch.com/
--U.S. layoffs soar to 16-month high in July
http://www.foxbusiness.com/
Europe's money markets freeze as crisis escalates in Italy and Spain
http://www.telegraph.co.uk/
--EU says euro area's systemic capacity in doubt
http://finance.yahoo.com/news/
Gold to hit $2,000/ounce before year end (CHART)
http://www.telegraph.co.uk/
TRICKLE-DOWN ECONOMICS IN ACTION: "How Does a Four-Year-Old Spend $46,000 a Month?"
http://blogs.wsj.com/wealth/
Big Government, Socialism/Nazism/
Russia honors Obama with postage stamp for 50th birthday
http://www.americanthinker.
--A GREAT OP-ED: "The Secret of Socialism"
http://www.americanthinker.
President holds another secret meeting with AFL-CIO's Trumka...
http://dailycaller.com/2011/
Jesse Jackson: "Big government is us by another name" (VIDEO)
http://www.theblaze.com/
"Ever since they fudged the numbers to pass ObamaCare, Democrats have abandoned credible spending plans"
http://online.wsj.com/article/
New York Magazine produces video with 6th graders explaining debt deal, knocks tea party in the process...
http://www.theblaze.com/
--OpEd: "Biden's Tea Party terrorists -- Earth to Obama: Americans don't want higher taxes"
http://www.washingtontimes.
Judge allows American to sue Rumsfeld over torture
http://hosted.ap.org/dynamic/
Study: Biodegradable plastics could WORSEN global warming
http://www.bendbulletin.com/
"Welcome to the U.N.'s Agenda 21's 'Walkability'"
http://canadafreepress.com/
Chevy Volt: Still Not Selling
http://www.weeklystandard.com/
Ethanol-loving bacteria accelerate cracking of pipeline steels...
http://www.eurekalert.org/pub_
Illegal Aliens/Open Borders, National Security, Terrorism/"Man-Caused Disasters", Jihad/"Misunderstanders Of Islam", Caliphate/Khalifa/Shariah, Pro-Palestine/Anti-Israel
Illinois: Insolvent state hemorrhaging jobs enacts its version of the federal DREAM Act
http://www.investors.com/
--POLL: Record support for Arizona-style immigration enforcement laws
http://standwitharizona.com/
--H.R. 1505: 'National Security & Federal Lands Protection Act' (NSFLPA) --> law bypasses 'environmental' laws, gives Border Patrol tools needed to control our borders
http://www.coachisright.com/
Question: Which religious group is most optimistic about the future? Answer: American Muslims
http://www.theblaze.com/
Report: 27 with terrorist links held F.A.A. licenses
http://mobile.nytimes.com/
Organization of Islamic Cooperation (OIC) to implement resolution with State Secy. Hillary Clinton to combat "defamation of religion", Islamophobia...
http://bigpeace.com/dwest/
--New White House plan to "counter violent extremism"...
http://hosted.ap.org/dynamic/
--..."When extremist speech articulates a threat of imminent violence, which could qualify as criminal hate speech, law enforcement authorities should take appropriate action." (aren't tea partiers being labeled as being "extremists"?)
http://securitydebrief.com/
Alleged American jihad-enthusiast plans to plead guilty
http://www.theblaze.com/
Experts blame China for massive global cyberattack targeting U.S., U.N. computers
http://www.foxnews.com/
This Is What 'Democracy' Looks Like:
--Iran: Revolutionary guards commander becomes new president of OPEC
http://www.guardian.co.uk/
--Libya: Nation allying with Islamists (read: caliphate)
http://www.nytimes.com/2011/
--
"I suppose, indeed, that in public life, a man whose political principles have any decided character and who has energy enough to give them effect must always expect to encounter political hostility from those of adverse principles." ~~ Thomas Jefferson, letter to Richard M. Johnson, 1808
Wednesday, August 3, 2011
August 03, 2011
August 03, 2011
The Federal Reserve, Debt Ceiling, Quantitative Easing, Inflation, Free-Market Principles, Gold/Silver, Food Supply
** QE3 is Near - US Fed to consider more stimulus as recovery slows **
http://www.livetradingnews.
The 'Budget Crisis Compromise' sucks for America & for Americans:
--Budget plan passes House & Senate; House members cheer as U.S. will be $2.4 trillion further in debt (VIDEO)
http://realclearpolitics.com/
--Quick summary & full text of the Budget Control Act
http://keithhennessey.com/
Compromise creates Congressional "super committee"
http://www.weeklystandard.com/
--Rep. Ron Paul sounds alarm on 'disturbing' Super Congress (VIDEO)
http://www.infowars.com/ron-
----Super committee to bring with it "superlobbyists"...
http://www.nationaljournal.
------Congress to decide whether super committee could impose other non-debt-related regulations (such as gun control)
http://gunowners.org/
"$2 trillion in cuts? Washington's fantasy math vs. Tea Party 'Hobbits'"
http://floppingaces.net/2011/
Analysis: Storms ahead as debt deal sets up tax fight
http://www.msnbc.msn.com/id/
--Reid: Joint committee MUST INCLUDE TAXES or trigger will kick in (VIDEO)
http://www.realclearpolitics.
--PREPARE: Biggest middle class tax increase in history will come in five months
http://brucekrasting.blogspot.
The markets react:
--30-year just hit 3.99%, Dow falls 266, stock selloff accelerates, gold surges
http://www.businessinsider.
--Fitch: U.S. keeps AAA rating for now, review ongoing...
http://news.yahoo.com/fitch-
--Moody's: U.S. keeps AAA rating, moves outlook to 'negative'...
http://www.bloomberg.com/news/
--China is nervous...
http://www.marketwatch.com/
Bill Gross: Deal does nothing, still have 'unfathomable' $66 trillion in liabilities (CHART)
http://www.businessinsider.
--After debt deal, economy in deeper peril
http://www.msnbc.msn.com/id/
--"Pawning Rolexes to make payroll"
http://money.cnn.com/2011/08/
--FORMER HEAD OF GOVERNMENT ACCOUNTABILITY OFFICE: U.S. IS LESS THAN 3 YEARS AWAY FROM BECOMING GREECE
http://www.theblaze.com/
...but wait -- WHAT crisis?!
--President heads off for lavish 50th birthday celebration...
http://www.dailymail.co.uk/
--...will celebrate birthday amongst millionaires, billionaires, & corporate jet owners
http://www.thegatewaypundit.
--'Nobel Prize-winning economist' Paul Krugman: Debt 90% of GDP is fine, U.S. credit rating downgrade doesn't matter
http://www.theblaze.com/
But, hey, it could be worse:
--Europe's a financial "train wreck", on "brink of a major financial collapse", operating on "cognitive dissonance"
http://www.cnbc.com/id/
--Fear drives silent bank run in Greece
http://www.guardian.co.uk/
--India coming to the rescue...
http://timesofindia.
--"Global Depositor Bank Runs And Why Gold Is Going Much Higher As A Result"
http://www.zerohedge.com/news/
OpEd: "The collapse of America's middle class"
http://www.atimes.com/atimes/
OpEd: "You Want to Create Jobs? Here's How"
http://www.oftwominds.com/
OpEd: "Government Will Have No Ammunition To Counteract the Next Market Collapse"
http://www.shtfplan.com/
Drought, lack of water push animals to breaking point
http://www.mywesttexas.com/
Big Government, Socialism/Nazism/
** Unions, hippies, social justice freaks call on people of "conscience and courage" to march in D.C. on Oct. 6, 2011, "in nonviolent resistance similar to the Arab Spring and the Midwest awakening" **
http://october2011.org/
President stretches executive power to expand the warfare state and the regulatory state...
http://reason.com/archives/
President dedicates another $95 million to 'Social Equity' program
http://www.facebook.com/note.
President admits his health care plan designed to eliminate private insurance (VIDEO)
http://californians4palin.
White House considers new social media avenues
http://baltimorejewishlife.
TSA begins to test Israeli-style profiling dubbed 'SPOT' (Screening Passengers by Observation Techniques)
http://www.bostonherald.com/
"7 Examples Of Liberal Unfairness"
http://townhall.com/
Florida: New state law forces cities, counties to repeal local gun laws effective 10/1
http://www.sun-sentinel.com/
Pennsylvania: Free cell phones are now a civil right...
http://www.nypost.com/p/blogs/
D.C.: Department of Education pushes man-made global warming via SpongeBob Squarepants cartoon at children's reading event (VIDEO)
http://www.theblaze.com/
Virginia: Girl, 11, rescues baby woodpecker, now faces $535 fine & possible jail time from feds...???
http://wusa9.com/news/article/
California: Eagle deaths investigated at LADWP wind power generation site
http://latimesblogs.latimes.
POLL: Conservatives remain largest ideological group in U.S.
http://news.xinhuanet.com/
Illegal Aliens/Open Borders, National Security, Terrorism/"Man-Caused Disasters", Jihad/"Misunderstanders Of Islam", Caliphate/Khalifa/Shariah, Pro-Palestine/Anti-Israel
Liberals, VP Biden label tea partiers 'terrorists'... (VIDEO)
http://www.mediaite.com/tv/
--Tea Party Patriots demand apology from Biden
http://townhall.com/tipsheet/
OpEd: "How Islam Can Eliminate the U.S. Debt"
http://www.huffingtonpost.com/
SICK IRONY: Bin Laden Group to build world's tallest tower
http://news.blogs.cnn.com/
Preferred White House news outlet "Al-Jazeera" launches English broadcast in New York
http://www.thewrap.com/media/
U.K.: "Muslims Against Crusades" stages pro-Sharia march
http://www.jihadwatch.org/
OpEd: "The Second Amendment and Terrorism - Being An Armed Citizen Is A Responsibility"
http://www.humanevents.com/
This Is What 'Democracy' Looks Like:
--Egypt: Ordinary citizens & Egyptian soldiers collaborate, turn against 'pro-democracy' protesters
http://online.wsj.com/article/
--Syria: Muslim Brotherhood claims Alawite elite waging sectarian war against Sunnis
http://www.worldtribune.com/
--Somalia: Islamic al-Shabaab militants launch Ramadan offensive in famine-stricken nation
http://edition.cnn.com/2011/
--China: Muslim terrorists trained in Pakistan attack western China
http://www.theblaze.com/
--China: Rumors circulate about radiation leak by hi-tech Chinese sub
http://english.chosun.com/
--
"A constitution founded on these principles introduces knowledge among the people, and inspires them with a conscious dignity becoming freemen; a general emulation takes place, which causes good humor, sociability, good manners, and good morals to be general. That elevation of sentiment inspired by such a government, makes the common people brave and enterprising. That ambition which is inspired by it makes them sober, industrious, and frugal." ~~ John Adams, Thoughts on Government, 1776
The Federal Reserve, Debt Ceiling, Quantitative Easing, Inflation, Free-Market Principles, Gold/Silver, Food Supply
** QE3 is Near - US Fed to consider more stimulus as recovery slows **
http://www.livetradingnews.
The 'Budget Crisis Compromise' sucks for America & for Americans:
--Budget plan passes House & Senate; House members cheer as U.S. will be $2.4 trillion further in debt (VIDEO)
http://realclearpolitics.com/
--Quick summary & full text of the Budget Control Act
http://keithhennessey.com/
Compromise creates Congressional "super committee"
http://www.weeklystandard.com/
--Rep. Ron Paul sounds alarm on 'disturbing' Super Congress (VIDEO)
http://www.infowars.com/ron-
----Super committee to bring with it "superlobbyists"...
http://www.nationaljournal.
------Congress to decide whether super committee could impose other non-debt-related regulations (such as gun control)
http://gunowners.org/
"$2 trillion in cuts? Washington's fantasy math vs. Tea Party 'Hobbits'"
http://floppingaces.net/2011/
Analysis: Storms ahead as debt deal sets up tax fight
http://www.msnbc.msn.com/id/
--Reid: Joint committee MUST INCLUDE TAXES or trigger will kick in (VIDEO)
http://www.realclearpolitics.
--PREPARE: Biggest middle class tax increase in history will come in five months
http://brucekrasting.blogspot.
The markets react:
--30-year just hit 3.99%, Dow falls 266, stock selloff accelerates, gold surges
http://www.businessinsider.
--Fitch: U.S. keeps AAA rating for now, review ongoing...
http://news.yahoo.com/fitch-
--Moody's: U.S. keeps AAA rating, moves outlook to 'negative'...
http://www.bloomberg.com/news/
--China is nervous...
http://www.marketwatch.com/
Bill Gross: Deal does nothing, still have 'unfathomable' $66 trillion in liabilities (CHART)
http://www.businessinsider.
--After debt deal, economy in deeper peril
http://www.msnbc.msn.com/id/
--"Pawning Rolexes to make payroll"
http://money.cnn.com/2011/08/
--FORMER HEAD OF GOVERNMENT ACCOUNTABILITY OFFICE: U.S. IS LESS THAN 3 YEARS AWAY FROM BECOMING GREECE
http://www.theblaze.com/
...but wait -- WHAT crisis?!
--President heads off for lavish 50th birthday celebration...
http://www.dailymail.co.uk/
--...will celebrate birthday amongst millionaires, billionaires, & corporate jet owners
http://www.thegatewaypundit.
--'Nobel Prize-winning economist' Paul Krugman: Debt 90% of GDP is fine, U.S. credit rating downgrade doesn't matter
http://www.theblaze.com/
But, hey, it could be worse:
--Europe's a financial "train wreck", on "brink of a major financial collapse", operating on "cognitive dissonance"
http://www.cnbc.com/id/
--Fear drives silent bank run in Greece
http://www.guardian.co.uk/
--India coming to the rescue...
http://timesofindia.
--"Global Depositor Bank Runs And Why Gold Is Going Much Higher As A Result"
http://www.zerohedge.com/news/
OpEd: "The collapse of America's middle class"
http://www.atimes.com/atimes/
OpEd: "You Want to Create Jobs? Here's How"
http://www.oftwominds.com/
OpEd: "Government Will Have No Ammunition To Counteract the Next Market Collapse"
http://www.shtfplan.com/
Drought, lack of water push animals to breaking point
http://www.mywesttexas.com/
Big Government, Socialism/Nazism/
** Unions, hippies, social justice freaks call on people of "conscience and courage" to march in D.C. on Oct. 6, 2011, "in nonviolent resistance similar to the Arab Spring and the Midwest awakening" **
http://october2011.org/
President stretches executive power to expand the warfare state and the regulatory state...
http://reason.com/archives/
President dedicates another $95 million to 'Social Equity' program
http://www.facebook.com/note.
President admits his health care plan designed to eliminate private insurance (VIDEO)
http://californians4palin.
White House considers new social media avenues
http://baltimorejewishlife.
TSA begins to test Israeli-style profiling dubbed 'SPOT' (Screening Passengers by Observation Techniques)
http://www.bostonherald.com/
"7 Examples Of Liberal Unfairness"
http://townhall.com/
Florida: New state law forces cities, counties to repeal local gun laws effective 10/1
http://www.sun-sentinel.com/
Pennsylvania: Free cell phones are now a civil right...
http://www.nypost.com/p/blogs/
D.C.: Department of Education pushes man-made global warming via SpongeBob Squarepants cartoon at children's reading event (VIDEO)
http://www.theblaze.com/
Virginia: Girl, 11, rescues baby woodpecker, now faces $535 fine & possible jail time from feds...???
http://wusa9.com/news/article/
California: Eagle deaths investigated at LADWP wind power generation site
http://latimesblogs.latimes.
POLL: Conservatives remain largest ideological group in U.S.
http://news.xinhuanet.com/
Illegal Aliens/Open Borders, National Security, Terrorism/"Man-Caused Disasters", Jihad/"Misunderstanders Of Islam", Caliphate/Khalifa/Shariah, Pro-Palestine/Anti-Israel
Liberals, VP Biden label tea partiers 'terrorists'... (VIDEO)
http://www.mediaite.com/tv/
--Tea Party Patriots demand apology from Biden
http://townhall.com/tipsheet/
OpEd: "How Islam Can Eliminate the U.S. Debt"
http://www.huffingtonpost.com/
SICK IRONY: Bin Laden Group to build world's tallest tower
http://news.blogs.cnn.com/
Preferred White House news outlet "Al-Jazeera" launches English broadcast in New York
http://www.thewrap.com/media/
U.K.: "Muslims Against Crusades" stages pro-Sharia march
http://www.jihadwatch.org/
OpEd: "The Second Amendment and Terrorism - Being An Armed Citizen Is A Responsibility"
http://www.humanevents.com/
This Is What 'Democracy' Looks Like:
--Egypt: Ordinary citizens & Egyptian soldiers collaborate, turn against 'pro-democracy' protesters
http://online.wsj.com/article/
--Syria: Muslim Brotherhood claims Alawite elite waging sectarian war against Sunnis
http://www.worldtribune.com/
--Somalia: Islamic al-Shabaab militants launch Ramadan offensive in famine-stricken nation
http://edition.cnn.com/2011/
--China: Muslim terrorists trained in Pakistan attack western China
http://www.theblaze.com/
--China: Rumors circulate about radiation leak by hi-tech Chinese sub
http://english.chosun.com/
--
"A constitution founded on these principles introduces knowledge among the people, and inspires them with a conscious dignity becoming freemen; a general emulation takes place, which causes good humor, sociability, good manners, and good morals to be general. That elevation of sentiment inspired by such a government, makes the common people brave and enterprising. That ambition which is inspired by it makes them sober, industrious, and frugal." ~~ John Adams, Thoughts on Government, 1776
Tuesday, August 2, 2011
August 02, 2011
August 02, 2011
The Federal Reserve, Debt Ceiling, Quantitative Easing, Inflation, Free-Market Principles, Gold/Silver, Food Supply
Egan-Jones downgrades U.S. from AAA to AA+
http://www.zerohedge.com/
--'Band aid' deal may pressure S&P to slash U.S. rating
http://www.cnbc.com/id/
--PIMCO's El-Erian sees S&P under pressure on U.S. rating
http://online.wsj.com/article/
--But good news! Barack on turning 50: "Michelle still thinks I'm cute"
http://www.telegraph.co.uk/
"So just how good was the deal?"
http://hotair.com/archives/
--$2.4 trillion would be largest debt-limit increase in U.S. history...
http://cnsnews.com/news/
--Small spending cuts to have little economic impact...
http://news.yahoo.com/small-
--CBO scores "bipartisan" plan at half of S&P required savings; only 2% of plan's total cuts take place before Obama reelection...
http://www.zerohedge.com/news/
--"More About the 2011 Budget Control Act"
http://punditpress.blogspot.
--Debt-limit vote breaks GOP pledge to post bills online for 3 days before vote...
http://www.cnsnews.com/news/
TEA PARTY BEING SET UP:
--VP JOE BIDEN: TEA PARTIERS HAVE "ACTED LIKE TERRORISTS"
http://www.politico.com/news/
--MISINFORMATION OP-ED: "How the tea party won the deal"
http://www.thedailybeast.com/
--Tea Party Patriots' co-founder: "We have compromised our way into disaster"
http://www.spiegel.de/
Responses to debt deal range from angry to angrier
http://news.yahoo.com/
--POLL: Americans' economic pessimism grows, with gloom "pervasive"
http://finance.yahoo.com/
--OpEd: "Eat Those Peas Mr. President"
http://finance.townhall.com/
"Bottom up, top down, & inside out":
--Rep. John Conyers to Obama: "We've had it", calls for protests at the White House
http://www.mrctv.org/blog/rep-
--Obama adviser Fareed Zakaria: Tea party "fundamentally anti-democratic", will "blow the country up" (VIDEO)
http://www.theblaze.com/
--Russian president Putin: America "acting as a parasite"...
http://www.vanguardngr.com/
HISTORY: "Every Democrat once voted 'No' on 14th Amendment"
http://www.coachisright.com/every-democrat-once-voted-%E2%80%9Cno%E2%80%9D-on-14th-amendment-now-they-want-to-twist-it-to-make-obama-our-king/
Connecticut: State's future hinges on U.S. debt bill
http://finance.yahoo.com/news/
Rhode Island: City files Chapter 9 bankruptcy papers...
http://www.reuters.com/
Gold gains, oil falls...
http://www.marketwatch.com/
Stocks plunge as manufacturing growth stalls
http://money.msn.com/market-
--U.K. set for low growth as the mood 'darkens'
http://www.independent.co.uk/
--10 signs the U.S. double-dip recession has begun
http://www.msnbc.msn.com/id/
OpEd: "Economic Martial Law Will Be Declared"
http://causapatet.blogspot.
--Survival stuff on the cheap
http://modernsurvivalonline.
Big Government, Socialism/Nazism/
ObamaCare in action: Insurers must cover birth control; no copay
http://news.yahoo.com/
Florida: State might reject $100 million grant to indoctrinate children
http://www.orlandosentinel.
Men build small flying spy drone that cracks Wi-Fi and cell data
http://news.yahoo.com/men-
The Union Job Security Act equals endless road construction
http://townhall.com/
Pennsylvania: Teens leave church picnic to riot
http://www.wpxi.com/news/
OpEd: "Cloward-Piven Paradise Now?"
http://www.americanthinker.
New book empirically demonstrates liberal media bias (VIDEO)
http://dailycaller.com/2011/
Report: Poor are not poor because rich are rich
http://www.wcpo.com/dpp/news/
"The Myth of White Privilege"
http://www.americanthinker.
NOAA's Climate Office: Precursor to cap-and-trade?
http://www.americanthinker.
Illegal Aliens/Open Borders, National Security, Terrorism/"Man-Caused Disasters", Jihad/"Misunderstanders Of Islam", Caliphate/Khilafah/Shariah, Pro-Palestine/Anti-Israel
Israel bows to U.S. demands, is now 'ready to negotiate borders with Palestinians'
http://www.telegraph.co.uk/
"This Is What 'Democracy' Looks Like":
--Egypt: Army breaks up protest in Cairo's Tahrir Square
http://www.reuters.com/
--Egypt: Citizens calling for Sharia law, Islamic caliphate (are you surprised at all?)
http://www.bibleprophecyblog.
--Lebanon: President blames Israel for 'renewing aggression' on border
http://www.haaretz.com/news/
--Pakistan: Senate condemns U.S. Embassy over hosting of a gay pride ceremony
http://nation.com.pk/pakistan-
--
"But with respect to future debt; would it not be wise and just for that nation to declare in the constitution they are forming that neither the legislature, nor the nation itself can validly contract more debt, than they may pay within their own age, or within the term of 19 years." ~~ Thomas Jefferson, letter to James Madison, 1789
The Federal Reserve, Debt Ceiling, Quantitative Easing, Inflation, Free-Market Principles, Gold/Silver, Food Supply
Egan-Jones downgrades U.S. from AAA to AA+
http://www.zerohedge.com/
--'Band aid' deal may pressure S&P to slash U.S. rating
http://www.cnbc.com/id/
--PIMCO's El-Erian sees S&P under pressure on U.S. rating
http://online.wsj.com/article/
--But good news! Barack on turning 50: "Michelle still thinks I'm cute"
http://www.telegraph.co.uk/
"So just how good was the deal?"
http://hotair.com/archives/
--$2.4 trillion would be largest debt-limit increase in U.S. history...
http://cnsnews.com/news/
--Small spending cuts to have little economic impact...
http://news.yahoo.com/small-
--CBO scores "bipartisan" plan at half of S&P required savings; only 2% of plan's total cuts take place before Obama reelection...
http://www.zerohedge.com/news/
--"More About the 2011 Budget Control Act"
http://punditpress.blogspot.
--Debt-limit vote breaks GOP pledge to post bills online for 3 days before vote...
http://www.cnsnews.com/news/
TEA PARTY BEING SET UP:
--VP JOE BIDEN: TEA PARTIERS HAVE "ACTED LIKE TERRORISTS"
http://www.politico.com/news/
--MISINFORMATION OP-ED: "How the tea party won the deal"
http://www.thedailybeast.com/
--Tea Party Patriots' co-founder: "We have compromised our way into disaster"
http://www.spiegel.de/
Responses to debt deal range from angry to angrier
http://news.yahoo.com/
--POLL: Americans' economic pessimism grows, with gloom "pervasive"
http://finance.yahoo.com/
--OpEd: "Eat Those Peas Mr. President"
http://finance.townhall.com/
"Bottom up, top down, & inside out":
--Rep. John Conyers to Obama: "We've had it", calls for protests at the White House
http://www.mrctv.org/blog/rep-
--Obama adviser Fareed Zakaria: Tea party "fundamentally anti-democratic", will "blow the country up" (VIDEO)
http://www.theblaze.com/
--Russian president Putin: America "acting as a parasite"...
http://www.vanguardngr.com/
HISTORY: "Every Democrat once voted 'No' on 14th Amendment"
http://www.coachisright.com/every-democrat-once-voted-%E2%80%9Cno%E2%80%9D-on-14th-amendment-now-they-want-to-twist-it-to-make-obama-our-king/
Connecticut: State's future hinges on U.S. debt bill
http://finance.yahoo.com/news/
Rhode Island: City files Chapter 9 bankruptcy papers...
http://www.reuters.com/
Gold gains, oil falls...
http://www.marketwatch.com/
Stocks plunge as manufacturing growth stalls
http://money.msn.com/market-
--U.K. set for low growth as the mood 'darkens'
http://www.independent.co.uk/
--10 signs the U.S. double-dip recession has begun
http://www.msnbc.msn.com/id/
OpEd: "Economic Martial Law Will Be Declared"
http://causapatet.blogspot.
--Survival stuff on the cheap
http://modernsurvivalonline.
Big Government, Socialism/Nazism/
ObamaCare in action: Insurers must cover birth control; no copay
http://news.yahoo.com/
Florida: State might reject $100 million grant to indoctrinate children
http://www.orlandosentinel.
Men build small flying spy drone that cracks Wi-Fi and cell data
http://news.yahoo.com/men-
The Union Job Security Act equals endless road construction
http://townhall.com/
Pennsylvania: Teens leave church picnic to riot
http://www.wpxi.com/news/
OpEd: "Cloward-Piven Paradise Now?"
http://www.americanthinker.
New book empirically demonstrates liberal media bias (VIDEO)
http://dailycaller.com/2011/
Report: Poor are not poor because rich are rich
http://www.wcpo.com/dpp/news/
"The Myth of White Privilege"
http://www.americanthinker.
NOAA's Climate Office: Precursor to cap-and-trade?
http://www.americanthinker.
Illegal Aliens/Open Borders, National Security, Terrorism/"Man-Caused Disasters", Jihad/"Misunderstanders Of Islam", Caliphate/Khilafah/Shariah, Pro-Palestine/Anti-Israel
Israel bows to U.S. demands, is now 'ready to negotiate borders with Palestinians'
http://www.telegraph.co.uk/
"This Is What 'Democracy' Looks Like":
--Egypt: Army breaks up protest in Cairo's Tahrir Square
http://www.reuters.com/
--Egypt: Citizens calling for Sharia law, Islamic caliphate (are you surprised at all?)
http://www.bibleprophecyblog.
--Lebanon: President blames Israel for 'renewing aggression' on border
http://www.haaretz.com/news/
--Pakistan: Senate condemns U.S. Embassy over hosting of a gay pride ceremony
http://nation.com.pk/pakistan-
--
"But with respect to future debt; would it not be wise and just for that nation to declare in the constitution they are forming that neither the legislature, nor the nation itself can validly contract more debt, than they may pay within their own age, or within the term of 19 years." ~~ Thomas Jefferson, letter to James Madison, 1789
Monday, August 1, 2011
July 31 & August 01, 2011
July 31 & August 01, 2011
The Federal Reserve, Debt Ceiling, Quantitative Easing, Inflation, Free-Market Principles, Gold/Silver, Food Supply
"The Debt-Ceiling Deal: Winners & Losers"
http://www.washingtonpost.com/
Obama demands debt ceiling plan by Tuesday...
http://dyn.politico.com/
--...says America does not "have a triple-A political system to match our triple-A credit rating" (VIDEO)
http://www.realclearpolitics.
--...takes debt battle to Twitter, loses more than 40,000 followers in one day
http://www.nydailynews.com/
--BUT WAIT, THERE'S GREAT NEWS!: "The U.S. Is Not Drowning In Debt"
http://moneyland.time.com/
AND EVEN MORE GREAT NEWS!: Obama's 50th birthday party still a "go"
http://blogs.abcnews.com/
Senate Democrats enforce filibuster -- against their own (Sen. Reid's) debt bill
http://www.washingtontimes.
--Debt drama enters "theater of absurd"
http://www.ft.com/cms/s/0/
--Moody's: Neither debt plan protects the nation's triple-A rating
http://thehill.com/blogs/on-
--"MARKET COMPLACENCY": Capitol Hill annoyed at Wall Street's failure to panic
http://www.cnbc.com/id/
A Brief History Of Debt-Limit Partisanship:
--"Obama 2006 vs. Obama January 2011 vs. Obama April 2011 on the Debt Ceiling"
http://blogs.abcnews.com/
--Sen. Reid on raising debt limit debate [March 2006] (VIDEO)
http://www.hyscience.com/
--"For Reid, Durbin, and Obama, a (very) partisan record on debt ceiling"
http://washingtonexaminer.com/
Solutions:
--Balanced Budget Amendment
http://www.foxnews.com/
--The 'One Percent Spending Reduction Act'
http://www.onecentsolution.
--My Own Observation: Just returning to 2005 spending levels would MATCH current revenues per CBO's website
http://www.cbo.gov/budget/
Head of Obama's jobs council (GE'S CEO Jeffrey Immelt) is moving GE jobs to China at blistering pace
http://
Big Government, Socialism/Nazism/
Elizabeth Warren bids adieu to the Consumer Bureau
http://thehill.com/blogs/on-
--FLASHBACK TO SEPTEMBER 2010: "Warren Appointment Raises Issues"
http://www.thenewamerican.com/
Agenda 21 Update: Family Farms Are Under Attack
http://www.theblaze.com/
"What You Need to Know About the Internet Snooping Bill (and How You Can Protect Yourself)"
http://lifehacker.com/5825746/
Leader of Black Socialist Caucus says debt deal is a "sugar-coated Satan sandwich"
http://www.thegatewaypundit.
Government trying to ban sale of your supplements
http://www.newsmax.com/
"Top 10 Examples of Government Stupidity"
http://www.humanevents.com/
OpEd: "The Cloward-Piven Strategy, Saul Alinsky, and Their Influence on Obama"
http://floppingaces.net/2011/
Illegal Aliens/Open Borders, National Security, Terrorism/"Man-Caused Disasters", Jihad/"Misunderstanders Of Islam", Caliphate/Khilafah/Shariah, Pro-Palestine/Anti-Israel
Rep. Keith Ellison (D-Muslim Brotherhood) complains about misunderstanders of Islam in U.S.
http://www.jihadwatch.org/
Our Commander-In-Chief's weakness has emboldened China to violate Taiwan's airspace (first time since 1999)
http://www.coachisright.com/
Lebanon: Hezbollah preventing police from probing Beirut blast
http://www.jpost.com/
"This Is What 'Democracy' Looks Like":
--Libya: Rebel feud puts policy in jeopardy
http://www.independent.co.uk/
--Syria: 80 killed in tank assault
http://www.reuters.com/
--
"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the U.S. Government can't pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. … Increasing America's debt weakens us domestically and internationally. Leadership means that ‘the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better." ~~ Then-Senator Barack Obama, speech on the Senate floor, March 16, 2006
The Federal Reserve, Debt Ceiling, Quantitative Easing, Inflation, Free-Market Principles, Gold/Silver, Food Supply
"The Debt-Ceiling Deal: Winners & Losers"
http://www.washingtonpost.com/
Obama demands debt ceiling plan by Tuesday...
http://dyn.politico.com/
--...says America does not "have a triple-A political system to match our triple-A credit rating" (VIDEO)
http://www.realclearpolitics.
--...takes debt battle to Twitter, loses more than 40,000 followers in one day
http://www.nydailynews.com/
--BUT WAIT, THERE'S GREAT NEWS!: "The U.S. Is Not Drowning In Debt"
http://moneyland.time.com/
AND EVEN MORE GREAT NEWS!: Obama's 50th birthday party still a "go"
http://blogs.abcnews.com/
Senate Democrats enforce filibuster -- against their own (Sen. Reid's) debt bill
http://www.washingtontimes.
--Debt drama enters "theater of absurd"
http://www.ft.com/cms/s/0/
--Moody's: Neither debt plan protects the nation's triple-A rating
http://thehill.com/blogs/on-
--"MARKET COMPLACENCY": Capitol Hill annoyed at Wall Street's failure to panic
http://www.cnbc.com/id/
A Brief History Of Debt-Limit Partisanship:
--"Obama 2006 vs. Obama January 2011 vs. Obama April 2011 on the Debt Ceiling"
http://blogs.abcnews.com/
--Sen. Reid on raising debt limit debate [March 2006] (VIDEO)
http://www.hyscience.com/
--"For Reid, Durbin, and Obama, a (very) partisan record on debt ceiling"
http://washingtonexaminer.com/
Solutions:
--Balanced Budget Amendment
http://www.foxnews.com/
--The 'One Percent Spending Reduction Act'
http://www.onecentsolution.
--My Own Observation: Just returning to 2005 spending levels would MATCH current revenues per CBO's website
http://www.cbo.gov/budget/
Head of Obama's jobs council (GE'S CEO Jeffrey Immelt) is moving GE jobs to China at blistering pace
http://
Big Government, Socialism/Nazism/
Elizabeth Warren bids adieu to the Consumer Bureau
http://thehill.com/blogs/on-
--FLASHBACK TO SEPTEMBER 2010: "Warren Appointment Raises Issues"
http://www.thenewamerican.com/
Agenda 21 Update: Family Farms Are Under Attack
http://www.theblaze.com/
"What You Need to Know About the Internet Snooping Bill (and How You Can Protect Yourself)"
http://lifehacker.com/5825746/
Leader of Black Socialist Caucus says debt deal is a "sugar-coated Satan sandwich"
http://www.thegatewaypundit.
Government trying to ban sale of your supplements
http://www.newsmax.com/
"Top 10 Examples of Government Stupidity"
http://www.humanevents.com/
OpEd: "The Cloward-Piven Strategy, Saul Alinsky, and Their Influence on Obama"
http://floppingaces.net/2011/
Illegal Aliens/Open Borders, National Security, Terrorism/"Man-Caused Disasters", Jihad/"Misunderstanders Of Islam", Caliphate/Khilafah/Shariah, Pro-Palestine/Anti-Israel
Rep. Keith Ellison (D-Muslim Brotherhood) complains about misunderstanders of Islam in U.S.
http://www.jihadwatch.org/
Our Commander-In-Chief's weakness has emboldened China to violate Taiwan's airspace (first time since 1999)
http://www.coachisright.com/
Lebanon: Hezbollah preventing police from probing Beirut blast
http://www.jpost.com/
"This Is What 'Democracy' Looks Like":
--Libya: Rebel feud puts policy in jeopardy
http://www.independent.co.uk/
--Syria: 80 killed in tank assault
http://www.reuters.com/
--
"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the U.S. Government can't pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. … Increasing America's debt weakens us domestically and internationally. Leadership means that ‘the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better." ~~ Then-Senator Barack Obama, speech on the Senate floor, March 16, 2006
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