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22 and Counting: North Carolina Governor Signs Right to Try Act, Takes on FDA Restrictions

RALEIGH, N.C. (July 6, 2015) – Last week, Gov. Pat McCrory signed a measure into law effectively nullifying in practice some Food and Drug Administration (FDA) rules that prevent terminally ill patients from accessing experimental treatments. Introduced by State Reps. Hugh Blackwell (R-Burke), Mike Hager (R-Rutherford), Donny Lambeth (R-Forsyth) and Robert T. Reives (D-Chatman) along…

The $4 Trillion Money Printing Press

“One pandemic, two great depressions, 11 major wars, and 44 recessions. Four U.S. presidents were assassinated while in office. Hundreds of thousands of businesses went bankrupt; tens of millions of Americans lost their jobs. Did the U.S. government respond to many of these events with countermeasures? Of course. But never once had the U.S. government resorted to such extreme abuses of its money-printing power as it did in 2008-10. Now, all that tradition of leadership and discipline was abandoned — all for the sake of perpetuating America’s addiction to spending, borrowing, and speculative bubbles.” Continue reading →

Chicago Public Schools’ pain is these financial firms’ gain

“Struggling to make payments for pensions and pay down billions of dollars in debt, the Chicago Public Schools last week announced 1,050 layoffs and $200 million in spending cuts to keep the school system afloat. Dozens of financial and legal firms have been paid $18.1 million in fees from CPS borrowing and debt-refinancing deals since 2011, according to records obtained by the Chicago Sun-Times. CPS still owes billions on borrowing deals dating to the mid-1990s, when then-Mayor Richard M. Daley took formal control of the school system, which then began renovating and building schools using borrowed money.” Continue reading →

Greeks awake to shuttered banks on day after voters reject austerity

“Greeks awoke Monday to the stark reality of the country’s accelerating crisis — shuttered banks and ATMs with little cash — hours after they voted resoundingly to reject more austerity measures in exchange for another bailout. The results — 61% voted ‘no,’ compared with 39% for ‘yes’ — left the bankrupt country’s future in the European Union and its euro currency uncertain. Greece entered a second week of severe restrictions on financial transactions and faced the prospect of even limited amounts of cash drying out, with no prospect of an immediate infusion. Greece imposed the restrictions to stem a bank run after the vote was called and its bailout program expired.” Continue reading →

Leave it to the Aussies

Video of a phone message from Australia public education system…

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Arizona Takes on Obamacare: New State Law to Help Nullify Goes into Effect on July 3

This week, a new law takes effect in Arizona that serves as a model to help bring down Obamacare in the states.
WATCH THE FULL REPORT:

TAC Members get access to the entire transcript, and can comment as well. CLICK HERE

Signed by the Governor: Oregon Law Takes on Warrantless Collection of Cellphone Data

SALEM, Ore. (July 2, 2015) On Tuesday, Oregon Governor Kate Brown signed a bill into law that prohibits law enforcement from obtaining information from electronic devices without a warrant in most cases. The new law will not only protect privacy in Oregon, but will also address a practical effect of federal spying. Sen. Chip Shields (D-Portland), Rep.…

Greece Closes Banks and Stock Markets, Introduces Capital Controls

“The banks in Greece and the Athens Stock Exchange will remain closed until at least July 6, the day after the referendum on the austerity measures demanded by the country’s creditors. In the meantime, cash withdrawals at ATMs will be limited to 60 euros ($66) and transfers abroad will be forbidden. Greece is the second Eurozone country, after Cyprus in 2013, to impose capital controls. The move is evidently aimed at preventing panicked Greek investors and savers from taking their money out of the nation’s banks and moving it elsewhere. In the days before the predictable stall of the negotiations with Europe, many Greeks rushed to withdraw their money.” Continue reading →