"This government will operate like an ambush." - Patrick Henry, at the Virginia Ratification Debates, 9 June 1788 Once upon a time a man could earn an honest living for himself without being attacked by a bureaucracy. What the hell happened? If you are not self employed, much of this bureaucracy is hidden from you. [...]
...while earning a cool $545,000.00 annually herself, tax free. From the UK's Daily Mail Online: IMF boss condemns the Greek for avoiding tax. But Christine Lagarde pays NOTHING on earnings of £350,000 Questioned about Greek crisis head of IMF said country can help itself collectively 'by paying all their tax' Suggests that IMF's money would [...]
You can check out anytime you like, but you can never leave. Senators Unveil Ex-PATRIOT Act To Crack Down on Anyone Who Renounces Citizenship To Avoid Taxes WASHINGTON, DC- U.S. Senators Bob Casey (D-PA) and Charles E. Schumer (D-NY) unveiled a comprehensive plan to respond to those like Facebook co-founder Eduardo Saverin, who recently unleashed [...]
The Greek exit from the Eurozone, and from the Euro currency, is back on the table. Can the can be kicked down the road further still? Are we running out of road? Even his majesty Chief Keynesian Cheerleader Paul Krugman is admitting it: From Krugman's Blog: Some of us have been talking it over, and [...]
Reuters: the new, improved underwear bomber was planted in the "conspiracy" by the intelligence community: Would-be suicide bomber was U.S. informant By Mark Hosenball and Tabassum Zakaria WASHINGTON | Wed May 9, 2012 5:22pm EDT (Reuters) - The would-be suicide bomber in a plot by al Qaeda's Yemeni affiliate was planted in the group by [...]
http://abcnews.go.com/WNT/video/us-bridges-roads-built-chinese-firms-14594513? Note, however, that government spending does NOT create wealth, it merely creates jobs. If OUR government spends money in China, it transfers wealth to China.
In a recent article, I pointed out that the election year cycle "rich-versus-poor" fight is being ramped up by the media in an effort to get people thinking once again in terms of "us-versus-them," "left-versus-right," etc, etc. PIMCO's El-Erian had this to say about income inequality: "The Federal Reserve and other central banks may have [...]
As the productive economy has shrunken in size over the past few decades, while at the same time the amount of money that government spends has continued to swell, it has become increasingly profitable to start a business selling something to a government. After all, just like the famous bank robber once said, "That's [...]
The election cycle is in full swing. Divide and conquer is the law of the land. If we can be divided, we can be kept in our conquered condition. Let class warfare reign supreme! Tired of hearing about President Obama’s proposed 30% minimum tax for millionaires, a.k.a. the Buffett rule, and fairness for the middle [...]
We all knew they (politicians) all felt this way about us, but now we hear it from the top dog himself:
Gretchen Morgenson interviewed by Chris Martenson: 20 minutes. "Gretchen Morgenson: Wall Street Really Does Enjoy A Different Set of Rules Than The Rest of Us " The robo-signing scandal and the unsettled double standard it illustrates are discussed.
Christian Science Monitor releases a blistering report of high-ranking former U.S. political figures taking 5-figure speaking fees from a designated terrorist group. The purpose of the speeches? To get the group off of the list. Lee Hamilton, former co-chair of the 9/11 Commission, told the Monitor he received a "good fee" to speak in Washington. [...]
