Monthly Archives: January 2013

“FEMA Won’t Let Us Rebuild Our Home”

"The Taylor family lives in the Natomas community in Sacramento, California. On August 24, 2012, Brad and Jennifer were driving home with their two young children when they saw smoke in their neighborhood. As they got closer to home, they realized that their house was on fire. Though shaken, both Brad and Jennifer were relieved that no one had been hurt. 'It's just a fire,' Brad said. 'It can all be replaced.' Little did they know that, thanks to regulations created by the Federal Emergency Managment Agency in the wake of Hurricane Katrina -- which hit land thousands of miles away from Sacramento -- their rebuilding nightmare was just beginning." Continue reading →

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Oregon Democrat proposing making cigarettes a prescription-only drug

"A lawmaker in Oregon has proposed making nicotine a Schedule III controlled substance in the state, placing it in the same category as many prescription tranquilizers and stimulants. The bill, introduced by Democratic Rep. Mitch Greenlick, would require anyone who wished to smoke a cigarette to first obtain a prescription from a doctor. Nicotine-containing products would only be available from pharmacies. Those caught using nicotine without a prescription could face up to one year in prison and a $6,250 fine under the proposed law." Continue reading →

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The Shocking List of Firearms That Would Be Banned Under the Feinstein Bill

"Flanked by gun grabbing lawmakers, including New York Sen. Chuck Schumer and Illinois Sen. Dick Durbin, Diane Feinstein announced the introduction of the 'Assault Weapons Ban of 2013 Bill.' It would make gun grabbers such as Mao, Stalin and Hitler proud. The legislation being pushed by Feinstein would prohibit the sale, transfer, importation and manufacture of certain firearms, including many rifles, pistols and shotguns. Here's the list." Continue reading →

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MO Lawmaker Proposes Bill Requiring Parents To Inform Schools If They Own A Gun

"A Missouri lawmaker has proposed a bill that would require parents to inform their children’s school if they possess a firearm. Not only that, it would criminalize parents that '[fail] to stop the possession [of a firearm] or report it to law enforcement' for children in the house under the age of 18. The American Thinker relates the three main components of the bill, via the Missouri Senate." Continue reading →

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Olga from Greece Has a Lithuanian Soulmate Mooching in the United Kingdom

"Natalija Belova, 33, told The Sun how she spurns full-time work — yet can afford foreign holidays and buys designer clothes. The Lithuanian said: 'British benefits give me and my daughter a good life.' She has milked soft-touch Britain for £50,000 in benefits and yesterday said: 'I simply take what is given to me.' And what is given to her? Quite a lot. The graduate, who became a single mum after she arrived here, rakes in more than £1,000 a month in handouts — £14,508 a year — to fund her love of designer clothes, jaunts to the Spanish sun and nightclubbing. Natalija vowed: 'I am not going to work like a dog on minimum wage.'" Continue reading →

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Spain: Unemployment For Under 25s Over 55%

"Overall, Spain's unemployment rate has risen to its highest level since measurements began in the 1970s, as a prolonged recession and deep spending cuts have left almost six million people out of work at the end of last year. The nationwide jobless total rose 1% to 26.02% in the fourth quarter of 2012, or 5.97 million people, according to the National Statistics Institute. More than 2,000 Spaniards a day joined the dole queue in the last three months of 2012. The results mean in Q4 there were 8.33 million Spanish households in which every potential worker was unemployed." Continue reading →

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Worldwide unemployment hits new high

"Five years after the global financial crisis hit, unemployment numbers continue to soar, with a record 202 million people worldwide expected to be officially jobless this year, the International Labour Organization said Tuesday. Last year saw a clear resurgence of the crisis, the UN’s labour body said in its annual report on global employment trends, pointing out that jobless numbers rose by four million to 197 million in 2012. Last year, the global youth unemployment rate stood at 12.6 percent, and it was expected to rise to 12.9 percent by 2017, according to ILO." Continue reading →

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The Road to Debt-Serfdom

"The road to debt-serfdom is paved by the banks and enforced by the Central State. If there is any point that is lost on ideologues, Progressive and Conservative alike, it is this: the first-order servitude and second-order tyranny of debt-serfdom can only occur if the banks' power is extended and protected by an expansive Central State." Continue reading →

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Russian central bank to keep buying gold

"The Russian central bank will continue to buy gold as it seeks to diversify its foreign reserves away from paper assets it views as risky, First Deputy Chairman Alexei Ulyukayev said on Thursday. The Bank of Russia has built up the world's fourth-largest foreign reserves, worth $530 billion, by buying oil export dollars to keep the rouble competitive. The hoard includes two rainy-day budget funds that guard against fiscal shocks. The bank has also been a bullion buyer and the share of gold in its reserves is approaching a medium-term target of 10 percent." Continue reading →

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Fed Balance Sheet Hits Record $3 Trillion

"The size of the U.S. Federal Reserve's balance sheet reached a record, Fed data released on Thursday showed, due to the central bank's purchases of Treasurys and mortgage-backed securities that are part of its unconventional policy aimed at supporting economic growth. The Fed's ownership of mortgage bonds guaranteed by Fannie Mae, Freddie Mac and the Government National Mortgage Association (Ginnie Mae) totaled $983.2 billion, up from $947.61 billion the previous week. The Fed's holdings of Treasurys totaled $1.697 trillion as of Wednesday, higher than $1.689 trillion the previous week." Continue reading →

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