ST. PAUL, Min., – May 5, 2014. A bipartisan bill which would ban law enforcement from obtaining cellphone location tracking information without a warrant passed the Minnesota state house on Friday. The vote was 120-0. It previously passed the senate by a vote of 56-1. But since the house made technical amendments to the bill…
The Fed: Ruining the economy for far too long. Jefferson warned about it, and it’s time to pay attention.
“In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot.” – Mark Twain This legendary Mark Twain quote is beginning to come to fruition within modern-day American political culture. It…
Every once in a while, we get feedback from someone telling us how “democrats have ruined the country.” We take offense at the idea that it’s just Democrats that are the problem. Here at TAC, we stand for the constitution, and both parties have absolutely shredded it.
The key check on blanket search and seizures is the 4th Amendment requirement of a search warrant. Yet, if you read the current news, it becomes pretty clear that local, state, and federal agencies pretty much try to avoid the process like Superman avoiding kryptonite. The search warrant was intended to create a road block…
PUBLIC SERVICE ANNOUNCEMENT: While you were having heated comment debates about the owner of a sports team, the “Supreme Court” of the United States refused to even HEAR a case about NDAA – meaning “indefinite detention” remains in full force. An iron boot is hanging over your head and this is what gets people riled…
I was sitting at my kitchen table today sorting through the week’s mail, the lion’s share of which was campaign mailers from political candidates. That’s not surprising, since the primary election is May 13th. What was a surprising coincidence was, at that very moment, one of the candidates for the state legislature in my district […]
"After the 1970s, real capital played a smaller and smaller role. It was replaced by credit and its sinister twin: debt. The r in Piketty’s now famous annotation r > g is supposed to represent the return on capital investment. But where did the wad come from? Savings rates went down. Real earnings went down. Growth rates went down. So how could there be more capital available and how could it produce higher rates of return (compared to economic growth)? The whole thing is a headache for a thoughtful man. Capital investments with no real capital behind them. Profits that outstrip the economic growth from which they must come. What to make of it?" Continue reading →
"QE is supposed to be the weapon in the Fed’s fight against unemployment. The Fed is still buying $45 billion of bonds via QE every month… in addition to holding short-term interest rates to the floor. Where does that $45 billion go? The insurance companies and pension funds that sell bonds to the Fed use this newly created money to buy the real assets of America – houses, companies, commercial property, resources, farmland… everything. And that drives up the prices of everything for everyone else. The Fed says QE is meant to help create jobs… and 'stimulate' the economy. It does nothing of the sort. Instead, it lines the pockets of those at the top of the heap." Continue reading →
Join the resistance. In red, short sleeves, that is! (get it here)