Barack Obama’s Nixonian Fed Pick

"As a result of the Fed’s Quantitative Easing programs, banks are now sitting on more than $2.2 trillion in excess reserves. How the Fed eliminates these excess reserves before they produce an explosive growth in the money supply and surging inflation should be more of a concern to the next Fed Chair than an unemployment rate that is more the product of uncertainties associated with deficit spending and business fears about Obamacare than any lack of liquidity caused by the Fed. Yellen’s defenders say there’s nothing to worry about. As Georgetown University professor Henry Holzer put it, Yellen is fully aware of inflation and not a 'mindless stimulator.' Others aren’t so sure." Continue reading

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Those who supported raising the national debt and those that did not. Remember in Nov 2104

See below….PRINT AND FILE! NOTE FLORIDA …ANDER CRENSHAW IS TOAST!!! GET ON HIS EMAIL!! Victoria Baer Description: LogoBAEREDGE 4320 Deerwood Lake Pkwy #101-222 Jacksonville, FL 32216 904.982.1734 PH 904.996.1510 FAX Victoria@baeredge.net http://www.BaerEdge.net Give your business the Competitive Edge… When the defense of liberty becomes a crime, tyranny is already in force. At that point, failure […]

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Read more about the article Dear Nancy,  you are the problem, not the solution!
The Arizona Sentinel

Dear Nancy, you are the problem, not the solution!

Some Americans are not afraid of the IRS http://www.snopes.com/politics/soapbox/guthrie.asp Boy! this guy is really torqued!!! FYI, This has been checked via Snopes, who contacted Mr. Guthrie, who confirmed he did indeed write & send this letter to Ms. Pelosi. This is one brave patriotic American!! AND—his credentials are impressive!! Check his […]

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War in Washington: Two Shocking Forecasts

"The bond investor rebellion we’re forecasting is not unprecedented. It has happened before — in 1980, under the Carter administration. Back then, the federal budget deficit was huge, although not nearly as large as today’s. Consumer inflation was taking off due to years of aggressive easy money by the Fed, although not nearly as aggressive as the Fed’s massive money printing and bond buying of the past five years. There was fear of a hotter cold war, although not nearly as intense as today’s fears. In response, bond buyers went on strike. It was virtually impossible for the United States government to sell its bonds at virtually any price. My forecast was — and is — that this will happen again." Continue reading

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India arrests man caught smuggling gold bars in cellphone

"The Air Intelligence Unit (AIU) arrested a passenger for attempting to smuggle gold through Mumbai airport on Saturday. The passenger, Ibrahim Khaleel, was carrying four gold bars worth Rs 48 lakh. Two of the bars were concealed in his mobile phone in place of the battery. The other two were found in his bag. Khaleel landed in Mumbai from Riyadh by a Jet Airways flight. Just as he was trying to clear Customs through the green channel, AIU officials intercepted him on suspicion and asked for a thorough check." Continue reading

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Proposition Opposition

With all the recent focus on the government shutdown, many will miss the fact that there is also an election just days away, early voting starts Monday and will run through Friday, November 1.  Texas voters will decide on nine amendments to the Texas Constitution.  View a sample ballot here  The Texas Constitution is a large and complex document because it is rare that constitutional amendments fail at the ballot box. With this in mind it is important to … Continue reading

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International Wire Fees going up from the new remittance transfer rule

"On October 28th, 2013 international wire fees are going up. This is due to the remittance transfer rule amendment to Regulation E from the Dodd-Frank Act. Ironically, as a ‘consumer protection’ amendment, these new stipulations are suppose to help protect and disclose more information to those that are sending money abroad. The issue is that it really does the opposite of that–it simply makes international wires more expensive at the cost of those who can afford it the least. JP Morgan Chase has announced that they will no longer be offer outbound international wire services in response to this new regulation." Continue reading

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The S&P’s Tragic Rise Will Continue

"Equities resumed their run to higher highs and higher lows. This rise has a tragic undertone for its substance is damaging the economy. One must make hay while the sun shines. Let's examine what to expect and how to position yourself for maximum gains and protection in the mid to long-term. Turbulence in the short term will pass for the markets but socio-economic stresses require that one's holding be placed in the strongest castles. Let us then consider a three-part investing strategy that should enable most people to ride the rip tides of these markets and crazed policies and anchor themselves to companies adapted to the new America, and world that is taking shape." Continue reading

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Nix Prop 6: Public drain for private gain

Author: Terry Hall From the Archives for We Texans originally wetexans.com/nix-prop-6-public-drain-for-private-gain/ ========================================================== Rural water raid to benefit developers, not average Texan Have you ever had a kid ask for seconds during a meal before he’s even finished what’s on his plate? Well, that’s what the Texas Legislature is asking of voters with Proposition 6 on November 5. Lawmakers want Texans to pass this constitutional amendment to approve more funding for water projects. A similar measure narrowly passed in November 2011 for a $6 billion revolving fund to loan money to local government entities for water infrastructure, outside constitutional debt limitations. Now in 2013, the Texas Legislature is asking voters for permission to raid $2 billion from the state’s emergency fund, known as the Rainy Day Fund, to assist local agencies of government in funding water projects from the state’s water plan.

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