Issues

Fed Tapers Another $10 Billion, Expecting Rebound From Grim Q1

"The U.S. economy stalled out in Q1, as GDP rose at a 0.1% annual rate, the Commerce Department said Wednesday. But with other data showing rebounding growth in the spring, the Federal Reserve voted to taper its bond-buys by another $10 billion. The Fed's decision, widely expected, cited ongoing improvement in the economy. But as previously signaled, the central bank left interest rates untouched and pledged to keep policy easy as long as the economy remained shaky. Residential investment fell hard for a second straight quarter, and business fixed investment declined at a 5.5% rate. Both sectors were expected to help lead the economy in 2014." Continue reading →

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Five+ Years of Fed Futility Laid Bare for All to See

"It has been five-and-a-half years since Lehman Brothers, AIG, Fannie Mae, Freddie Mac, and other casualties of the credit crisis imploded! We’ve been subjected to more than a half-decade of the Fed’s supposedly useful and appropriate medicine … Unlimited money printing. Zero percent interest rates. Gargantuan bank bailouts. Deliberate attempts to inflate stock and house prices. And for what? More than $3 TRILLION in extra padding on the Fed balance sheet doesn’t look like it’s done much for the broad economy. GDP grew just 0.1 percent in the first quarter. Even that dismal reading was propped up by a massive surge of $43.3 billion in health care spending tied to the Obamacare rollout." Continue reading →

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Jefferson and Madison on the Role of the Federal Courts

Today, it is commonly accepted that the U.S. Supreme Court has the sole and final say as to whether or not a federal law is constitutional (after it winds through the lower federal courts).  Recently, for example, the Court upheld the Affordable Care Act as constitutional under the auspices that the individual mandate is a tax. …

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Missouri Senate votes to nullify federal gun laws and regulations, 23-8

JEFFERSON CITY, Mo., April 30, 2014 – By a vote of 23-8 today, the Missouri state Senate passed an “emergency” bill that seeks to nullify virtually every federal gun control measure on the books, “whether past, present or future.” House Bill 1439 (HB1439), introduced by Rep. Doug Funderburk (R-St. Charles), previously passed the House by…

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Missouri Action Alert: Two bills to help nullify Obamacare

Two bills (HB1314 / SB546) have been introduced this year to block Obamacare enforcement in the state of Missouri. Both bills passed affirmatively through committee hearings and will receive full votes in the state house and state senate, respectively. YOUR HELP IS NEEDED! It doesn’t matter where in Missouri you live, ACT NOW! 1. Call…

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Our hands or not at all: Supreme Court denies NDAA lawsuit

STATEMENT FROM PEOPLE AGAINST THE NDAA BOWLING GREEN – On September 12th, 2012, Federal District Judge Katherine B. Forrest issued a permanent injunction against enforcement of Section 1021 of the 2012 National Defense Authorization Act. In July 2013, the 2nd Circuit ruled the plaintiffs did not have standing to challenge that law. Monday, the Supreme Court put the final…

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