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Forty-four percent of Republicans agree that armed revolution may be necessary to protect American liberties, according to a gun control poll conducted by Farleigh Dickinson University (pdf). Eighteen percent of Democrats and 27 percent of independents agree that Americans may need to take up arms against their government, the study’s authors found. The study also found a stark contrast between Democrats and Republicans’ views on gun control legislation. While 73 percent of [...] by Michael The mainstream media is not telling you this, but the truth is that most Americans are steadily getting poorer. The middle class is being absolutely eviscerated, and poverty is soaring to unprecedented heights. The fact that 90 percent of the population is constantly sliding downhill is not good for our society. The United States is supposed to be a land of opportunity with a vibrant free market system that enables average [...] U.S. sees highest poverty spike since the 1960s, leaving 50 million Americans poor as government cuts billions in spending… so does that mean there’s no way out? The number of Americans living in poverty has spiked to levels not seen since the mid 1960s, classing 20 per cent of the country’s children as poor. It comes at a time when government spending cuts of $85 billion have kicked in after feuding Democrats [...] From Liberty Blitzkrieg: Dear Mr. President:
In response to partial release of the Department of Justice memos describing the underlying legal justifications for the targeted killings of American citizens and others in the course of counterterrorism operations, we are writing to emphasize Congress’ vital oversight role in these matters. Every American has the right to know the underlying legal rationale that ensures due process.
Authorizing the killing of American citizens and others has [...] Stocks sell off as worries on Italy, sequester intensify NEW YORK (MarketWatch) — U.S. stocks fell on Monday, with the S&P 500 extending losses after its first weekly drop this year, as political issues, both domestically and abroad, weighed. Equities declined as investors looked to the March 1 deadline for U.S. lawmakers to reach a deal to avert automatic spending cuts, known as sequestration, as well as the results from [...] …A fiscal impasse between Democrats and Republicans is a far bigger short-term threat to the US economy than a slower pace of quantitative easing or the withdrawal of monetary stimulus at some point in the future. The danger is that a failure to reach agreement will trigger across the board spending cuts under the sequestration agreement reached between the White House and Capitol Hill in the summer of 2011. The combination [...] Michael A. Gayed: Retailers look increasingly vulnerable Yes, the Dow is over 14,000. Yes it sure feels like a bull market. Yes, the argument for the “Great Re-Allocation” out of bonds and into stocks is a powerful narrative and one that I believe is a longer-term theme for markets. Yes, I have been early in calling for a decline. No, I am not changing my call for a correction based on [...] President Obama predicted Thursday that if Democrats pursue an ambitious agenda, House Minority Leader Nancy Pelosi (D-Calif.) will soon have the speaker’s gavel back.
“It won’t be smooth, it won’t be simple, there will be frustrations, there will be times when you guys will be mad at me, and I’ll occasionally read about it.” he said. But if they keep focused, he said, ”I would expect that Nancy Pelosi is going [...] Economic Crisis Fuels Military Intervention As The Chemical Weapons ‘Threat’ Becomes The New PretextDanny Schechter The US economy is sluggish with fears of a new recession. The Democrats and Republicans once more cannot agree on what to do about the alleged “fiscal cliff” that threatens to further unravel the economy, even as analysts say that the whole notion of going over the “cliff “ has been fabricated by the right to force more cuts in social benefits. Consumer confidence is dipping in this [...]  Wonder why markets keep going lower?
Is there wiggle room in fiscal cliff negotiations? Both sides of the aisle have taken hardline stance on higher tax rates for wealthy Americans. So, is there any wiggle room in the negotiations to avoid the fiscal cliff? Wyatt Andrews reports. Boehner: Obama “has to lead” on taxes, immigration
Bruce Krasting: President Obama Has Drawn A Dangerous Line In The Sand So both Boehner and Obama have done their post election [...] Former house majority leader Gephardt warns of a possible 2,000-point drop in market within the next few weeks with bad news coming out from congress There is some risk that the public could hear some “histrionics” from Democrats and Republicans playing to their bases as Congress works on spending cuts and tax reform, all of which could severely unsettle the markets, the former House majority leader said Wednesday. “If it looks like [...]
(NaturalNews) In a recent speech to an audience focused on the state of politics and the U.S. media, a Fox News contributor and former Democratic pollster lambasted the Fourth Estate for its lack of journalistic integrity and, in his words, an “overwhelming bias” that he sees as contributing to the demise of the country. Patrick Caddell, in his Sept. 21 speech to attendees of the “Obamanation: A Day of Truth” conference hosted by [...] Governor Christie delivers the keynote address at the GOP Convention. “The Federal government needs to learn to say ‘no’…” — As convention speeches go, this is outstanding. Christie is a much better candidate than Romney. It’s not even close. If the goal is to get to balanced budgets (or near) within 5 years, he’s the guy. He tells the truth about entitlement and deficit issues, which is rare. And he has a proven track record of cutting [...] A month after revealing a multi-billion trading loss, JPMorgan Chase CEO Jamie Dimon is in the hot seat on Capitol Hill. Dimon, who was once dubbed President Obama’s favorite banker, is expected to get grilled by both Democrats and Republicans on the Senate Banking Committee. In prepared testimony released by JPMorgan (JPM) Tuesday night, the outspoken Dimon stressed that the incident was “an isolated event” and that overall, JPMorgan remains “solidly profitable” in [...] When I was growing up in the 1960s and 1970s, the legacy of the Great Depression was everywhere: Dams, bridges, roads, airports, courthouses and even picnic areas and hiking trails. Leaders of that dire time — Democrats and Republicans — took advantage of the Depression to put millions of Americans back to work, building the infrastructure that we still rely on today. They had lemons, and they made lemonade. (Excerpt) Read more [...] GOP leadership in the House of Representatives announcedthat legislation to thoroughly audit the secretive Federal Reserve, a wildly popular measure pushed by Rep. Ron Paul (R-Texas) for decades, will come up for a floor vote in July. Honest-money advocates and pro-transparency activists celebrated the news as a historic opportunity to rein in the central bank, which has come under heavy fire — especially in recent years — for debasing the U.S. dollar, manipulating [...] I did it cause I wanted to know if there were cycles to the stock market. I think that it could be useful in possibly determining when to cash out of the stock market or when to buy stocks. Based on the data below (and assuming this recession has ended by 2010) I would expect another recession between 2015 and 2017. Number of years between recessions in the US: Great Depression Ends: [...] (CBS News) Republicans on the House Oversight Committee were to take the first formal step Thursday toward contempt proceedings against Attorney General Eric Holder over the Fast and Furious “gunwalking” operation, CBS News has learned.
The case for a citation declaring Holder in contempt will be laid out in a briefing paper and 48-page draft citation distributed to Democrats and Republicans on the committee. CBS News has obtained copies of both [...] Bill Gross of PIMCO spoke to Bloomberg TV’s Trish Regan this afternoon and said that he is doubtful of another round of quantitative easing in June, but “if we see some weak employment reports over the next two months, then QE3 is back on.” He also said that there’s a risk of a double-dip recession “if liquidity disappears.” Supreme Court seems to endorse Arizona’s controversial immigration law The U.S. Supreme Court appeared to endorse Arizona’s immigration crackdown on Wednesday, rejecting the Obama administration stance that the federal government has sole power over those who illegally enter the United States. Justices suggested by their questions and comments that states have significant latitude to adopt laws that discourage illegal [...] |
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