Ron Paul to House May 11th – Creating Money and Giving it to Friends

Ron Paul speaks to the House about his concern regarding the currency crisis. He reviews the economic situation and the audit the fed bill briefly. He talks about the bailout of Greece and how money is created out of thin air and then transferred to banking 'friends'. He is clearly concerned and continues to educate and inform and encourage an audit of the federal reserve system.

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German Backlash Strikes EU?

We do not know how this epic struggle will be resolved. But we do know that the EU's recent actions in supporting its Southern flank may now have jeopardized its Northern one as well. Perhaps all will be well, but we've never been especially bullish on this flawed version of Charlemagne's empire - not even after the trillion-dollar bailout announced yesterday. The "market euphoria" following those financial moves took about 24-hours to wear off. Now, we would venture, the EU, or at least the

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Biggest Scientific Boondoggle Yet

We are always shocked by NASA's profligacy and the way it goes about spending billions. It's not far behind the Pentagon in that regard. And we guess the European Space Agency shares similar characteristics. We suppose that this announcement is a way for NASA to reclaim some relevancy after cuts in its budget and various manned-space programs. But isn't all this Big Science getting a little out of hand. Here's some more from the article:

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The Charlie Brown Syndrome

America is no stranger to the ditches along with the fools who persist in driving us there; and the world of politics is an excellent arena to demonstrate this fact. For over four decades now from 1968 to 2010, the Republican Party hierarchy has been playing the role of Lucy to Charlie Brown conservatives. Every election year GOP politicians promise to millions of traditional conservatives among the party that if they will donate their money, time and votes to elect them, they as Republicans

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EU Tumbles Toward Failure?

Eurozone leaders are ready to defend the euro with the equivalent of US$1trillion if necessary. The American Fed and other central banks stand ready to help too apparently. There are several conclusions to be reached from this - and the mainstream and alternative media is generously presenting at least seven scenarios (perhaps our readers can provide more?). Below, we use the article excerpt above as a jumping off point to unpack them for you, explain the significance of each and then choose

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Greek Unrest May Spread

We can't help but be a little pleased when the mainstream media occasionally validates our point of view (truly cheap thrills), and in this case, the BBC has posted a report that aligns well with something we wrote in late April. Our intrepid feedbackers provided some pushback to our conclusions (expressing the point of view that the lazy Greeks were getting what was coming to them) but we were fairly confident that we had some points to make.

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Fed Audit Under Fire

It doesn't come as too much of a surprise that the measure to audit the Federal Reserve is coming under continuous fire from the central bank and its cronies. For the first time since the Federal Reserve was created nearly a century ago, they have hired an actual lobbyist to pound the pavement on Capitol Hill. This is a desperate effort to hang on to the privilege of secrecy and lack of accountability they have enjoyed for so long. Last week showed they are getting their money's worth in the

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OK-Safe Action Alert: Override Vote Needed May 11th on HB 2569 RFID

The OK House has agreed to vote to override Governor Brad Henry's veto of HB 2569, the bill prohibiting RFID tags in the OK DL/ID cards. This vote was originally set for Wednesday, 5/5/10, but has now been moved to Tuesday, 5/11/10. There is some evidence that the Governor is applying pressure to members of the Democrat caucus not to override his veto on this bill.

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