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by Michael The percentage of Americans that are working for themselves has never been lower in the history of the United States. Once upon a time, the United States was a paradise for entrepreneurs and small businesses, but now the control freak bureaucrats that dominate our society have created a system that absolutely eviscerates them. This is very unfortunate, because by murdering small business, the bureaucrats are destroying the primary engine of [...] from europarl: by Phoenix Capital Research
Cyprus should scare the living daylights out of everyone. Cyprus has shown us that when things get bad enough in Europe, bureaucrats will STEAL money from the people. That is bad enough as it completely goes against the central tenants of Capitalism and Democracy. Not to mention it also targets the wrong people (average citizens) instead of the banks that created this whole mess. However, we now know that [...] by Phoenix Capital Research
As noted in numerous articles, the entire European banking and corporate system is over-burdened with debt. Jagadeesh Gokhale of the Cato Institute puts the situation as the following, “The average EU country would need to have more than four times (434 percent) its current annual gross domestic product (GDP) in the bank today, earning interest at the government’s borrowing rate, in order to fund current policies indefinitely.” Put another [...] by Phoenix Capital Research
Cyprus put another nail in the coffin of Democracy and capitalism over the weekend. Having found that the Cyprus people and Parliament wouldn’t stand for the confiscation (THEFT) of depositors’ savings, the EU bureaucrats simply chose an option in which voting doesn’t occur. This is precisely what I feared would happen: that any basic rules or laws would be tossed out the window during times of extreme crisis. This has [...] by GoldCore
GoldCore’s Director of Research, Mark O’Byrne was interviewed on Bloomberg Television’s “On the Move” by Francine Lacqua this morning. To listen to the full interview click here. Today’s AM fix was USD 1,602.25, EUR 1,232.97 and GBP 1,053.70 per ounce. Silver is trading at $28.78/oz, €22.24/oz and £18.99/oz. Platinum is trading at $1,586.50/oz, palladium at $758.00/oz and rhodium at $1,250/oz. Gold fell [...] Mike Adams There’s only one reason people leave money in a bank: because they think it’s safe there. They think they can get their money back out when they ask for it. This trust is what makes bank accounts possible, and without this trust, there is no longer any reason to put money in any bank. Mac Slavo
In a prelude of what’s likely to become the norm as government sponsored healthcare is implemented across the country, nameless bureaucrats in the U.S. Department of Veterans Affairs have begun issuing warning letters to veterans which claim that service members who are deemed by the agency to be incompetent or mentally ill will be required to surrender their rights as protected under the Second Amendment. In a letter highlighting the government’s [...] ‘Twas the Friday before Christmas, and while most Americans were enjoying time with family and friends, the bureaucrats at the Department of Health and Human Services (HHS) were stirring quietly about, preparing to release its long-overdue evaluation of the Head Start program.
Head Start is an $8 billion per year federal preschool program, designed to improve the kindergarten readiness of low-income children. Since its inception in1965, taxpayers have spent more than [...] A people cannot simultaneously live free and be bound to any human master or man-made institution, especially to politicians, judges, bureaucrats and faceless government agencies. The Second Amendment along with the other nine amendments of the Bill of Rights was designed to prevent individuals’ enslavement to government, not just to guarantee people the right to hunt squirrels or sport shoot at targets, nor was it included in the Bill of [...] Let’s take a look at the actual LAW that would have allowed the IRS to be formed… Oh wait, there isn’t any! Is the Internal Revenue Service (“IRS”) an organization within the U.S. Department of the Treasury? Answer: No. The IRS is not an organization within the United States Department of the Treasury. The U.S. Department of the Treasury was organized by statutes now codified in Title 31 of the United States Code, abbreviated “31 [...] ELIZA KRIGMAN Bureaucrats from around the world will gather behind closed doors in Dubai next week to plot an end to the Internet as we know it — or so Washington would have you believe. Hill lawmakers warn that the 120-plus U.S. delegation needs to fend off efforts by China, Russia and developing nations to use a United Nations branch organization to censor or tax the Net. Google is orchestrating [...] Bureaucrats from around the world will gather behind closed doors in Dubai next week to plot an end to the Internet as we know it — or so Washington would have you believe. Hill lawmakers warn that the 120-plus U.S. delegation needs to fend off efforts by China, Russia and developing nations to use a United Nations branch organization to censor or tax the Net. Google is orchestrating an online petition [...] Over at the Washington Times, Jim McElhatton has written a story about the exorbitant prices the federal government pays to memorialize cabinet members and other bureaucrats who do the people’s work by commissioning paintings of themselves. The Environmental Protection Agency spent nearly $40,000 on a portrait of Administrator Lisa P. Jackson, while a painting of Air Force Secretary Michael B. Donley will cost $41,200, according to federal purchasing records. The price [...] Conn Carroll
President Obama’s Environmental Protection Agency has devoted an unprecedented number of bureaucrats to finalizing new anti-coal regulations that are set to be released at the end of November, according to a source inside the EPA. More than 50 EPA staff are now crashing to finish greenhouse gas emission standards that would essentially ban all construction of new coal-fired power plants. Never before have so many EPA resources [...] Ethan A. Huff China has promised to phase out its organ harvesting operations and move to a volunteer organ donation system over the next few years, reports the Associated Press. As you read this, keep in mind that if Natural News had published an article just two days ago with the headline, “China harvesting organs from executed prisoners,” we would have been widely branded a bunch of “conspiracy theorists” [...] Simon Black on OCTOBER 30, 2012 October 29, 2012, Greetings from Hong Kong International Airport; just a quick note today as I’m just about to hop a plane bound for California. Before I head out, I wanted to tell you about an interesting trend we’ve been seeing and hearing about from our business colleagues in Asia. Yesterday we briefly discussed how demand for physical gold in Hong Kong is surging right [...] BERLIN—The European Union summit that ended Friday suggested Germany and France, always awkward partners in managing the three-year-old euro crisis, are increasingly at odds over how to resolve it. The summit produced a tortuous compromise between the currency bloc’s two biggest nations over the creation of a new euro-zone banking supervisor, but it also brought simmering disagreements between Berlin and Paris into the open. German Chancellor Angela Merkel balked at setting up [...] Oh the irony. As I have been writing about almost obsessively as of late, while the idiotic EU bureaucrats pat themselves on the back for “saving Europe,” their disastrous policies are actually pushing individual countries themselves towards a dissolution into smaller regions! I first touched on this in my piece Forget the Euro…Will Spain Ultimately Break Up? I then wrote about how the independence movement in Venice is gaining steam in First [...] So, you think your capital is safe. You think it would take a law to freeze your assets permanently. Silly you. All it takes is an executive order signed by the President. Here is the most recent example. It applies to all Americans: individuals and corporations. The way this legal precedent is being set is simple: it targets the latest bad guys in the ever-rotating roulette wheel of evil. (“Round and round it [...] Infowars.com Our country is being taken over by “sustainable development” under an environmental guise to mask a stealth takeover by bankers imposing a control grid upon the population. Infowars Nightly News reporters Aaron Dykes and Melissa Melton investigate the local initiatives driving the spread of “sustainable communities,” now taking over Central Texas and driving its population into a containment grid under the guise of “smart growth” and other such measures. [...] Over 13 years as an MEP, Daniel Hannan has witnessed first hand how Brussels works. Now he has written a forensic analysis of why it’s rotten to the core. His devastating critique should be required reading for every politician. There is a popular joke in Brussels that if the European Union were a country applying to join itself, it would be rejected on the grounds of being undemocratic. It’s absolutely true – [...] Wolf Richter, Testosterone Pit
“Dire” is no longer the right word to describe the situation in Greece.
Unemployment hit 23.1% in May, according to ELSTAT, the Greek statistical agency, which released the report on August 9. That it takes over two months to do a job—producing unemployment numbers—that other countries accomplish in a couple of weeks may be symptomatic of Greece’s calamity economy. And a calamity it is. Youth unemployment (15-24) jumped to 54.9%—but even before the crisis, during [...] Wolf Richter www.testosteronepit.com “Dire” is no longer the right word to describe the situation in Greece. Unemployment hit 23.1% in May, according to ELSTAT, the Greek statistical agency, which released the report on August 9. That it takes over two months to do a job—producing unemployment numbers—that other countries accomplish in a couple of weeks may be symptomatic of Greece’s calamity economy. And a calamity it is. Youth unemployment (15-24) jumped to 54.9%—but even before the crisis, [...] OTTAWA – Prime Minister Stephen Harper huddled with his top cabinet ministers for more than four hours on Parliament Hill Wednesday to talk about a state-owned Chinese company’s proposed takeover of an Alberta oilpatch giant. China National Offshore Oil Corp.’s $15.1-billion offer for Nexen Inc. of Calgary will require federal government approval. Normally, bureaucrats at Industry Canada would size up the deal and make a formal recommendation to cabinet before Harper and [...] From LewRockwell.com: Gazillions. That’s the number of times the federal government has spied on Americans since 9/11 through the use of drones, legal search warrants, illegal search warrants, federal agent-written search warrants and just plain government spying. This is according to Sen. Rand Paul (R-Ky.), who, when he asked the government to tell him what it was doing to violate our privacy, was given a classified briefing. The senator – one of [...] From Economic Policy Journal: Medical care is going to get worse under Obamacare. Robert S. Dotson, M.D. tells us why: As income reductions are being imposed on private practice, costs are being driven up by exploding regulations. In addition, the plethora of new mandates and laws have increasingly criminalized every aspect of the practice of medicine and created vast new armies of armed bureaucrats whose sole aim is to impose civil and [...] From Economic Policy Journal: The most dangerous and evil bastard in the White House, Cass Sunstein, is leaving his WH post, reports WSJ. WSJ states that: Mr. Sunstein has long been an advocate of behavorial economics in setting policy, the notion that people will respond to incentives, and has argued for restraint in government regulations. As such, he was met with skepticism and opposition by some liberals when he was chosen at the start of [...] From Newsmax: Insisting that the General Services Administration’s bureaucrats-gone-wild party in Las Vegas may be the “tip of the iceberg,” Rep. John Mica tells Newsmax.TV that wasteful practices by the agency could top billions when all is said and done. “It has to be the poster child for bad management,” declared Mica in an exclusive interview after emerging from Wednesday’s hearing on the embattled agency by the House Transportation & Infrastructure Committee, [...] |
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