TAS: The Catholic Church is a criminal enterprise, perverts in a robe!

Pope Francis Found Guilty Of Child Trafficking, Rape, Murder Sunday, July 20, 2014 7:28 0 (Before It’s News) Pope Francis Bergoglio [credit: Getty Images] Yesterday defendants Pope Francis Bergoglio, Catholic Jesuit Superior General Adolfo Pachon and Archbishop of Canterbury Justin Welby were found guilty of rape, torture, […]

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The Feds Step Up Utility Growth

"Federal regulators’ recent move to change the criteria used to calculate regulated utilities’ allowed returns may be a small victory for income investors. Over the past few years, regulators pared utility profits in response to ultra-low Treasury rates. But investors and energy executives have long argued that these historically low rates are a market distortion created by Federal Reserve stimulus and, therefore, do not accurately reflect utilities’ actual operating environment. The order in late June by the Federal Energy Regulatory Commission (FERC), the agency that regulates the transmission and wholesale sale of electricity in interstate commerce, finally acknowledged this reality." Continue reading

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The Fed Chairs Have a Habit of Hazing

"Paul Volcker took over as Chair of the Fed in August 1979. A recession officially began five months later. This was the worst recession since the Great Depression. In August 1987 Alan Greenspan took over the Fed. Two months later 'Black Monday' occurred on October 19, 1987, when the Dow dropped 22.6% that day alone–the worst one-day crash in history. In February 2006 Ben Bernanke became Fed chair. The worst recession since the Great Depression officially began in December 2007, and you may recall there was some trouble in the financial markets in September 2008… In January 2014 Janet Yellen became Fed chair." Continue reading

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Bill Bonner: There Is No Security in Bonds Right Now

"Debt is always and everywhere a worry and a threat. It must be repaid. The more of it there is outstanding, the more cause for worry. Who won’t be able to pay? And if he doesn’t pay, will his creditors still be solvent? What if the currency goes down? What if inflation goes up? Debt raises questions… and makes the financial system fragile. As the quantity of debt increases, in other words, the quality should go the opposite direction. It doesn’t make sense for the amount of debt to increase as the price of it increases, too. It is contrary to the most basic law of supply and demand. And yet, yesterday, the price of debt went up… even as the supply of debt worldwide reaches epochal levels." Continue reading

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Fed Hawks Want Rate Hikes Soon

"A trio of inflation hawks at the Federal Reserve — Richard Fisher, Esther George and Charles Plosser — believe it's about time to take the punch bowl away. The three regional Fed bank presidents are on a mission to urge their colleagues to take a tougher monetary policy stance, CNNMoney reported. If they are successful, Americans would be hit with higher rates on mortgages, small business loans and credit cards, and many on Wall Street fear bonds and stocks would also suffer. But the Fed hawks believe the alternative to tighter policy could be high inflation and more dangerous asset bubbles." Continue reading

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Scary! Traffic Safety Message from New Zealand #SlowDown

Speed equals distance, and 60 MPH = 88 fps (feet per second) (where fps=1.467 * MPH). Stopping distance is dependent on the size of the vehicle in motion, among other factors like tire wear, brake system design, surface conditions, the age of … Continue reading

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Bill Bonner: Is Ms Yellen making history?

"See how easy investment analysis is. Even a Fed chairman can do it. 'Get out of social media and biotech,' she practically urged investors. 'Buy blue chips and the broad market.' In this, Ms. Yellen is not just making headlines; she's making history. As far as we know, no other Fed chairman has ever offered sector analysis. We'd like to see her portfolio. Here is a woman who not only observes markets; she moves them. In the event, investors sold the sectors she warned against, and bought the broad market...sending the Dow back to record territory. What a fortune you could make if you knew what she'd say next! And what a dope you'd be if you believed her." Continue reading

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Oregon Voters Can Nullify Marijuana Prohibition in November

This fall, people in Oregon will cast votes on a ballot measure that would legalize marijuana for the general public, effectively nullifying the federal prohibition on the same. On Jun. 26, members of New Approach Oregon turned in 145,710 signatures, far more than the 87,213 needed to qualify for the ballot this fall. If approved…

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Senate Moves Closer to Seizing Control of Cyberspace

Just when you thought it was safe to get back on the Internet. Tuesday, the Senate Select Committee passed the Cyber Information Security Act (CISA) by a vote of 12-3. This clears another hurdle in the path toward consideration by the body of the Senate. CISA is in large part a substantially similar redux of…

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