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Update on the Surveillance State

Maryland is rolling out license-plate scanners mounted on police patrol cars. The vehicle-mounted scanners are said to each be capable of scanning 5,000 plates in an eight-hour shift. The data will be transmitted in real time to a central database for analysis. The database will also record each event "by registering their GPS locations when [...]

By |2010-09-07T10:35:48-04:00September 7th, 2010|Uncategorized|0 Comments

So Now We Know…

...why both so-called parties of fed dot gov don't want to deal with the illegal immigration issue: illegals are helping keep the Social Security system afloat. I've always known it was about demographics, but a recent WaPo article confirms it: by paying SS taxes but being ineligible to receive benefits, illegal immigrants are making a [...]

By |2010-09-05T21:48:46-04:00September 5th, 2010|Economy, Taxes|0 Comments

Fox Predicts U.S. Credit Rating Downgrade

This is not to be construed as investment advice, nor is anything else I post here. Consult your financial expert before making any investment decisions. Are you still holding dollars? http://www.youtube.com/watch?v=xoYWlKnP6VI&feature=player_embedded

By |2010-08-31T15:18:30-04:00August 31st, 2010|Economy|0 Comments

Austria Wants “Out” of the EU

Original article in German, translation by babelfish, with some mild editorializing by yours truly to make it easier to read: As answer of the citizens on the Durchpeit Lisbon contract a non-partisan platform started a country wide referendum for the withdrawal of Austria from the European Union. It goes primarily around the political freedom of [...]

By |2010-08-29T15:06:32-04:00August 29th, 2010|Uncategorized|0 Comments

RFID Chips in your Trash Cans?

Here's my latest in the ongoing series about the advancing surveillance state. This just in from The New American, originally reported in the Cleveland Plain-Dealer: On August 18, the Cleveland City Council announced that it had approved a $2.5 million budget request for the high-tech carts for 25,000 customers. The recycling carts will contain a [...]

By |2010-08-27T21:37:07-04:00August 27th, 2010|Uncategorized|0 Comments

Still Holding Dollars?

You might want to reconsider. Seems like Uncle Bucky is having some perception problems: Banks back switch to renminbi for trade A number of the world’s biggest banks have launched international roadshows promoting the use of the renminbi to corporate customers instead of the dollar for trade deals with China. HSBC, which recently moved its [...]

By |2010-08-27T17:45:25-04:00August 27th, 2010|Economy|0 Comments

Surveillance U.S.A.

How long are we going to put up with this crap? Here, here and here I warned about the advancing surveillance state, a clear threat to any liberty movement. This just in, from Yahoo news: Government agents can sneak onto your property in the middle of the night, put a GPS device on the bottom [...]

By |2010-08-26T22:00:16-04:00August 26th, 2010|Uncategorized|1 Comment

Goldman’s Hatzius: “The Fed will eventually move to additional monetary stimulus via asset purchases or other unconventional measures”

Should the Fed opt for more securities purchases, he said, there is “no point in doing anything less than” $1 trillion.

By |2010-08-24T22:31:45-04:00August 24th, 2010|Uncategorized|0 Comments

In-Home Surveillance “Not Illegal”

Last month I pointed out that the British surveillance state continued its relentless advance, and invited the reader to ponder the implementation of surveillance-state tactics here in the U.S. Well, ponder no more. In February of this year, a Pennsylvania high school student was reportedly disciplined by the school's assistant principal for engaging in "improper [...]

By |2010-08-18T22:59:15-04:00August 18th, 2010|Uncategorized|1 Comment

Requiem for Keynes….FINALLY

One of the enduring legacies (hangovers, really) from the Great Depression is the notion that the government can and should actively manage the economy. Schoolchildren still are taught, and most of us still believe, that Comrade Roosevelt's massive government programs were instrumental in ending the Great Depression. The fact is that nothing could be further [...]

By |2010-08-15T15:52:54-04:00August 15th, 2010|Economy, Federal Reserve|0 Comments

Time to Kiss Your 401(k) Goodbye?

Very few people appreciate the extent to which the dollar is embedded in world trade, and what it means for the U.S. Dollar to be the world's “reserve currency”. In fact, two-thirds of world trade is conducted in U.S. Dollars. The strength of the dollar is based on the strength of the U.S. economy. Historically, [...]

By |2010-08-14T14:11:10-04:00August 14th, 2010|Economy, Taxes|2 Comments

Health Care Clipz

http://www.youtube.com/watch?v=hV-05TLiiLU http://www.youtube.com/watch?v=APUhVXImUhc Next clip: Sweet Irony. Democrats concerned about forcing some people to subsidize other people's lifestyles. http://www.youtube.com/watch?v=nUkzV8h3Wp0&feature=related Next clip: Obama. "Penalties are appropriate for people who try to free-ride the system and force others to pay for their health insurance..." Yes, let's stop all subsidies, ALL subsidies, right now, and impose penalties for people [...]

By |2010-08-04T21:55:44-04:00August 4th, 2010|Healthcare|2 Comments

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