Global Debt Exceeds $100 Trillion as Governments Binge

"The amount of debt globally has soared more than 40 percent to $100 trillion since the first signs of the financial crisis as governments borrowed to pull their economies out of recession and companies took advantage of record low interest rates. The $30 trillion increase from $70 trillion between mid-2007 and mid-2013 compares with a $3.86 trillion decline in the value of equities to $53.8 trillion, according to the Bank for International Settlements and data compiled by Bloomberg. Borrowing has soared as central banks suppress benchmark interest rates to spur growth Yields on all types of bonds, from governments to corporates and mortgages, average about 2 percent." Continue reading

Continue ReadingGlobal Debt Exceeds $100 Trillion as Governments Binge

Wisconsin Legislature Passes Bill to Limit Drone Use

The Wisconsin legislature has passed a bill which would severely restrict the use of drones within the state, and it is heading to the governor’s desk. Senate Bill 196 (SB196) bans the weaponization of drones and stops government use of drones except after a proper warrant is issued. It received tremendous bipartisan support after its…

Continue ReadingWisconsin Legislature Passes Bill to Limit Drone Use

Louisiana House Considering Bill to Block Obamacare Implementation

A bill has been introduced in the Louisiana House of Representatives that would effectively delay the implementation of Obamacare for nearly three years. House Bill 719 (HB719) was introduced by Rep. Paul Hollis (R-104) on Mar. 10. It was promptly referred to the Health and Welfare Committee where it will need to pass through a…

Continue ReadingLouisiana House Considering Bill to Block Obamacare Implementation

Is Alaska’s Jury Nullification Bill in Line With Founders’ View?

The Alaska State House of Representatives is considering a bill that would would allow jurors in the Last Frontier “not to apply the law to the defendant” in select criminal cases. House Bill 315 would officially legalize jury nullification of verdicts in cases where jurors believe the “law is unjustly applied to the defendant.” One…

Continue ReadingIs Alaska’s Jury Nullification Bill in Line With Founders’ View?

Missouri House Resolution Would Put Marijuana Legalization to the Voters

A constitutional amendment that would allow Missouri voters to decide whether or not to nullify the federal prohibition on marijuana has been introduced in the state house. House Joint Resolution 86 (HJR86) would allow Missouri voters to decide whether or not to legalize and regulate marijuana within state limits. It was introduced by Rep. Brandon…

Continue ReadingMissouri House Resolution Would Put Marijuana Legalization to the Voters

California Action Alert: Support SB828 to protect the 4th Amendment

On Jan. 6, SB828 was introduced by Sen. Ted Lieu (D-28) and Sen. Joel Anderson (R-36) to protect Californians from unwarranted NSA surveillance. (learn about it here) It was  referred to the Committee on Public Safety where a public hearing has been set for Apr. 29. YOUR ACTION IS NEEDED NOW. It doesn’t matter where…

Continue ReadingCalifornia Action Alert: Support SB828 to protect the 4th Amendment

Minnesota Action Alert: Support SF2854 to help Nullify NDAA

On Mar. 21, SF2854 was introduced to start the process of protecting Minnesota residents from the indefinite detention provisions of the NDAA. (learn more about it here) It was promptly referred to the Judiciary Committee where it will need to pass by a majority vote before the full Senate can consider it. YOUR ACTION IS…

Continue ReadingMinnesota Action Alert: Support SF2854 to help Nullify NDAA

Bipartisan Tennessee Establishment Protects NSA Spying

One Tennessee Democrat joined three Republicans to kill a bill that would have prohibited the state from admitting illegally gathered data as evidence in court. As amended, HB1907 would have barred the introduction of data or metadata in state court unless it was gathered under a warrant issued in accordance with state law; an order…

Continue ReadingBipartisan Tennessee Establishment Protects NSA Spying

Bill Bonner: Debunking the Fed’s Credit Propaganda

"We have no choice but to go ahead. But to where? And how? Hold on. One question at a time, please. To where? Japan! How? By using the same policy tools the Japanese used. It worked there, didn’t it? The Fed is fully committed to staying the course. If credit deflation returns to the US, it will have to be over Janet Yellen’s dead body. Which is not a bad idea. But Yellen is not likely to let it happen… not if she can prevent it. But there’s the rub. If credit is going to keep expanding, someone has to borrow more – a lot more." Continue reading

Continue ReadingBill Bonner: Debunking the Fed’s Credit Propaganda

The Elimination of Property Taxes does not require an increase in Sales Taxes.

Bruce.. i am on the mailing list of Kelleigh Nelson.. got this from her list.. hope you dont mind if i forward this emaikl to her.. Rich —– Original Message —– From: Arizonasentinel@aol.com To: ricseib@comcast.net Sent: Saturday, April 05, 2014 12:11 PM Subject: Re: Eliminate Property Taxes for higher Sales Tax – Not Necessary!!!!!!!!!!! No […]

Continue ReadingThe Elimination of Property Taxes does not require an increase in Sales Taxes.