Intended or not, the Fed’s destruction of the dollar’s value has pushed prices of commodities that Americans need — such as instance food, cotton and oil — higher.
The big news this week in terms of ginormous government transfer payments is, as usual, out of the Fed, as it embarks on an equally ambitious and ill-fated mission to buy $600 billion of US Treasury debt. Unsurprisingly, it’s not the only immense transfer of wealth taking place between governmental bodies. As spotlighted by Meredith Whitney, CEO of the Meredith Whitney Advisory Group, the feds are continuing to subtly bailout state governments at record levels and in an ongoing and unsustainable fashion which she describes in a recent WSJ opinion piece.
Amid mounting frustration over taxation and banking problems, small but growing numbers of overseas Americans are taking the weighty step of renouncing their citizenship.
“What we have seen is a substantial change in mentality among the overseas community in the past two years,” said Jackie Bugnion, director of American Citizens Abroad, an advocacy group based in Geneva. “Before, no one would dare mention to other Americans that they were even thinking of renouncing their U.S. nationality. Now, it is an openly discussed issue.”
Two Illinois lawmakers say violence has become so rampant in Chicago that the National Guard must be called in to help.
Chicago Democratic Reps. John Fritchey and LaShawn Ford made a public plea to Gov. Pat Quinn on Sunday to deploy troops.
The request comes amid a recent surge in violent crime, including a night last week that saw seven people killed and 18 wounded, mostly by gunfire.
Does the City of Chicago’s nearly three-decade old ban on handgun ownership violate Second Amendment? The U.S. Supreme Court will soon decide.
This is a tell-tale quote:
Mayor Richard M. Daley wants the ban to remain in place. He says local officials need flexibility to decide how best to protect their communities.
“We have the right for health and safety to pass reasonable laws dealing with the protection and health of the people of the city of Chicago,” Daley said.
Don’t worry, it’s for your own good.
Spokane County residents may want to avoid backyard sunbathing in April.
That’s when county Assessor Ralph Baker wants to take a series of high-resolution, low-altitude aerial photographs that promise to make goose pimples visible around the globe.
At least, the photos would show new swimming pools, cabanas, decks and workshops.
Most are familiar with those commercials on television promoting prescription drugs that supposedly offer relief from a variety of ailments, if one would only pressure one’s doctor to obtain them. They have become a source of great entertainment and amusement to some, the kicker coming at the end of each commercial when the FDA-approved medication’s obligatory litany of warnings and dangerous side effects is recited: “Tell your doctor if….” and “Side effects may include…..” Some of the warnings are mild like diarrhea and constipation, some list serious effects like cancer or tuberculosis, and others admit that sometimes even death can result.
The economic elite have robbed us all. The amount of suffering in the United States of America is literally a crime against humanity.
The program, formally known as the American Recovery and Reinvestment Act of 2009, attempts to stimulate the country’s economy by increasing federal spending and cutting taxes, at a total cost to the government of $862 billion.
The above paragraph in the article mentioned here shows the typical government line of thinking.
Government gets it’s revenue through taxing us. If government thinks it needs to spend more to “help” us out, how can it truly cut taxes? It can’t. You’ll be paying for this, as well as generations to come.