By Shepard Ambellas
theintelhub.com
December 12, 2012
Forming adequate cybersecurity protection as an individual, private corporation, or government entity is a tough task in present times with technology, hackers, and cyber terrorists advancing at rapid rates.
A major question now facing America is whether or not the government should to be in charge of our individual, private, and corporate cyber security issues? Apparently the Obama Administration thinks so.
In fact, he is so adamant on the [...]
WASHINGTON (AP) — President Barack Obama signed legislation Tuesday that affords greater protection to federal employees who expose fraud, waste and abuse in government operations.
Capping a 13-year effort by supporters of whistle-blower rights, the new law closes loopholes created by court rulings, which removed protections for federal whistle-blowers. One loophole specified that whistle-blowers were only protected when they were the first to report misconduct.
http://bigstory.ap.org/article/president-signs-whistle-blower-bill-us-workers
Is that why he’s prosecuted more government [...]
Terence P. Jeffrey
cnsnews.com
August 17, 2012
The money the U.S. government owes to foreign entities rose to a record $5.2923 trillion in June, according to data released by the U.S. Treasury Wednesday afternoon.
In May, the U.S. Treasury had owed $5.2581 trillion to foreign entities. On net, in June, the U.S. government borrowed an additional $34.2 billion from foreign entities in order to fund U.S. government operations.
The U.S. government’s indebtedness to foreign interests [...]
(CNSNews.com) – The money the U.S. government owes to foreign entities rose to a record $5.2923 trillion in June, according to data released by the U.S. TreasuryWednesday afternoon.
In May, the U.S. Treasury had owed $5.2581 trillion to foreign entities. On net, in June, the U.S. government borrowed an additional $34.2 billion from foreign entities in order to fund U.S. government operations.
The U.S. government’s indebtedness to foreign interests has grown by 72.3 [...]
By Ed O’Keefe, Washington Post
The Obama administration is alerting employees to the possibility of a partial government shutdown if talks on bills to fund the government and extend the payroll tax cut collapse later this week.
With Congress facing a midnight Friday deadline to either pass a short-term or final measure to fund government operations for the remainder of the fiscal year, Cabinet secretaries and agency heads planned to send an e-mail [...]
By Zachary A. Goldfarb, Published: August 5 | Updated: Saturday, August 6, 12:35 AM
Standard & Poor’s announced Friday night that it has downgraded the U.S. credit rating for the first time, dealing a symbolic blow to the world’s economic superpower in what was a sharply worded critique of the American political system.
Lowering the nation’s rating to one notch below AAA, the credit rating company said “political brinkmanship” [...]
by Simon Black of Sovereign Man
US Government Seizes Pension Funds, Invades Pakistan
There are certain times in life when a man is faced with overwhelming adversity… times when he has no reason to adhere to society’s norms anymore. It is in these instances that the true quality of his character comes shining through.
One of these situations is when he’s broke. Dead, flat broke. Some people, even when [...]
by Charles Hugh Smith from Of Two Minds
Memo to Bernanke: It’s Called Blowback, Baby
The covert manipulation of the domestic economy has set up ideal conditions for massive domestic blowback against the responsible agencies such as the Federal Reserve.
Broadly speaking, “blowback” is the unintended consequence to the civilian population of secret government operations. It is typically used to describe the consequences of overseas covert operations:
Blowback:
The term [...]
What if the U.S. government shut down and no one noticed?
Even worse (or better, depending on one’s point of view), what if all federal workers went on furlough and the public realized there were benefits, not just costs, to smaller government?
The sixth stop-gap spending bill, known as a continuing resolution, expires tomorrow. In the event Democrats and Republicans can’t agree on a budget for fiscal year 2011, which is more [...]
by Brian
Shut down the government based on the looming budget gap and reestablish only the departments we need in an emergency session of Congress. Cut 50% of the departments and send the government workers to the private sector where as we all know, there are many high paying professional jobs (clearing throat)…
After the government is right-sized, we can audit the Federal Reserve and after what [...]
The process of shutting down the federal government is underway.
With the clock ticking towards Friday’s federal budget deadline and President Obama hosting congressional leaders for budget talks at the White House on Tuesday, top administration officials have instructed agency officials to begin sharing details of shutdown contingency plans with top managers. This marks the next step toward both curtailing government operations if a budget impasse occurs and [...]
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Saturday, the House of Representatives passed legislation with more than $60 billion of budget cuts. It is the proverbial “drop in the bucket†when compared to the $14.1 trillion (and counting) outstanding federal debt. Soon, this ever [...]
The GOP-led House voted today to block funding to implement the nation’s health care law.
The action came on several amendments to a must-pass spending bill that would pay for government operations from March through September.
Specifically, the House voted to prohibit any funds be used by the Internal Revenue Service to carry out the law’s mandate that Americans buy health insurance. The individual mandate, one of [...]
Republicans in the House of Representatives blocked legislation early Thursday morning that would provide additional benefits to the long-term unemployed.
The House is currently debating a “continuing resolution” that will fund government operations through Sept. 30, the end of the fiscal year, in lieu of a formal budget. Rep. Barbara Lee (D-Calif.) attempted to amend the CR with her provision to provide another 14 weeks of [...]
From Alec Phillips of Goldman Sachs
Yesterday’s US Daily (Zero Hedge link) looked at the mechanisms the Treasury may use to buy time under the debt ceiling while Congress debates an increase (see “The Treasury’s Options as the Debt Ceiling Approaches,†US Daily, January 31, 2011). Today’s comment looks at how that debate may unfold, what Congress may ultimately decide on the issue, and how the [...]
Munis — bonds sold by states, cities, counties and other localities to finance government operations — are in trouble because the Ponzi scheme of Big Government is coming unglued. The markets are merely reflecting this reality, as they always do.
The $3 trillion muni market was once regarded as the safest of all investments because the bonds are backed by government taxes. Now it’s showing all [...]
Ron Paul has two proposals for the new Congress:
1) Refuse to raise the debt limit! Find a way, month by month, for Congress to spend only what the Treasury raises in revenue.
2) Start over from scratch with the 13 appropriations bills that fund the federal government. Reject any talk of baseline budgets or discretionary spending. It is all discretionary!
Don’t Raise the Debt Ceiling!
by Ron Paul
As of November 7th, [...]
I have to warn you, however, that the solution I am about to propose involves no quick fix or linking hands around the fire, accompanied by happy singing. Rather, it is more akin to treating a dread disease with a very strong medicine – so strong, in fact, that should the patient survive, they would (at least for some period of time) [...]
Is the U.S. Treasury Secretary, Timothy Geithner, premature in anticipating economic recovery? Does the President run a ‘Moses administration’ that can lead American workers to the promised land? Can government kick-start the economy by hiring millions of the unemployed to teach our children and do infrastructure work?
The fruits of globalism for the U.S. are structural unemployment and intractable trade deficits. America faces a dilemma: Allow our unemployed to continue [...]
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