U.S. May Default On Debt As Soon As February 15

by GoldCore Gold Bullion

Today’s AM fix was USD 1,663.00, EUR 1,269.37 and GBP 1,036.65 per ounce.
Yesterday’s AM fix was USD 1,663.50, EUR 1,272.37 and GBP 1,035.35 per ounce.

Silver is trading at $30.53/oz, €23.40/oz and £19.10/oz. Platinum is trading at $1,613.50/oz, palladium at $693.00/oz and rhodium at $1,150/oz. 
Cross Currency Table – (Bloomberg)

Gold edged off $0.80 or 0.05% in New York yesterday and closed at $1,657.40/oz. Silver climbed to $30.57 in Asia [...]

Obama Administration Gave Petraeus’s Wife a $187,605-Per-Year Job

(CNSNews.com) – The Obama administration named Holly Petraeus–wife of retired Gen. David Patraeus, who resigned last week as CIA director after revealing he had had an extramarital affair–to a $187,605-per-yer job in the newly formed Consumer Financial Protection Bureau (CFPB).

The CFPB, created by the Dodd-Frank law, was placed by that law under the umbrella of the Federal Reserve. The funding of the CFBP, which comes from the Federal Reserve, is [...]

Whom would Obama appoint to the Fed?

Neil Irwin 
washingtonpost.com
October 8, 2012

Whoever is inaugurated as president Jan. 20 will, in the first year of his term, face a decision that will have a greater impact on the economy than any other single call he will make: Whom to select as chairman of the Federal Reserve.

Ben S. Bernanke’s term ends Jan. 31, 2014, about a year after the president takes office; if the past is a guide, and given [...]

DEMOCRATIC PARTY REJECTS SENATE NOMINEE PICKED BY VOTERS

The party of Cordell Hull, Estes Kefauver and Al Gore Sr. and Jr. won’t have a standard-bearer — or at least not one it can stomach — in Tennessee’s next U.S. Senate race.

Less than 24 hours after a man espousing conservative and libertarian views surprised the state’s political scene by winning the Democratic nomination, the Tennessee Democratic Party disavowed him, saying he’s part of an anti-gay hate group.

The party said Friday [...]

House passes bill eliminating Senate confirmation for Presidential appointees, rewrites Article II of Constitution!

The House of Representatives is set to consider legislation Tuesday that would exempt certain presidential appointees from having to be confirmed by the Senate.

UPDATE: The House passed the legislation Tuesday night by a vote of 261-116. The bill now goes to President Obama’s desk for his signature.

More at
http://libertycrier.com/government/house-passes-bill-eliminating-senate-confirmation-for-presidential-appointees/

By a vote of 261-116, the House of Representatives passed a bill rewriting Article II of the Constitution and divesting the Senate of the [...]

Obama Nominee for Social Security Board Favors Rationing Health Care

Is it just a coincidence that the people that President Obama nominates to fill high-level governmental posts tend to favor government-directed health care rationing?  Last year, Obama nominated Donald Berwick to head Medicare and Medicaid. Now he’s nominated Henry J. Aaron to head the Social Security Advisory Board.

 

 

Berwick, to whom Obama issued a dubious recess appointment to circumvent the usual Senate confirmation, has become notorious for statements like, “The decision is not [...]

COLOR-BLIND JUSTICE? OBAMA STACKS COURTS WITH WOMEN, MINORITIES

WASHINGTON (AP) — President Barack Obama is moving at a historic pace to try to diversify the nation’s federal judiciary: Nearly three of every four people he has gotten confirmed to the federal bench are women or minorities. He is the first president who hasn’t selected a majority of white males for lifetime judgeships.

More than 70 percent of Obama’s confirmed judicial nominees during [...]

Judiciary Committee Launches Probe of Kagan’s Involvement in Obamacare

(CNSNews.com) – The House Judiciary Committee is launching an investigation to probe the involvement that Supreme Court Justice Elena Kagan had in “health care legislation or litigation” when she was serving as President Barack Obama’s solicitor general and was responsible for defending the administration’s position in federal court cases.

The investigation will look at whether Kagan is required by law to recuse herself from judging [...]

Obama admin calls for copyright law crackdown; Make ‘illegal streaming’ of audio/video felony… Allow FBI agents to wiretap suspected infringers…

The White House today proposed sweeping revisions to U.S. copyright law, including making “illegal streaming” of audio or video a federal felony and allowing FBI agents to wiretap suspected infringers.

In a 20-page white paper (PDF), the Obama administration called on the U.S. Congress to fix “deficiencies that could hinder enforcement” of intellectual property laws.

Victoria Espinel, the first Intellectual Property Enforcement Coordinator, with Vice President [...]

Obama does a great job at creating GOVERNMENT JOBS.

Just look at all his “CZARS” that do not have to pass Senate confirmation or FBI background checks. And this is just a drop in a super sized bucket. The MSM still spins this guy well. INCREDIBLE. Obama should read up on the Reagan expansion – nearly 20 million jobs created between 1982 and 1989 along with the longest and strongest peacetime span of economic growth in the nation’s history. [...]