New Drone Film Raises Important Questions

DRONES, a film available on demand from iTunes and Amazon, follows two drone operators on a remote location as they face moral dilemmas while tasked with killing suspected terrorist operatives. And while it focuses on the use of drones on the foreign battlefield, the film addresses issues that will soon face us right here at…

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Fed Hawks Want Rate Hikes Soon

“A trio of inflation hawks at the Federal Reserve — Richard Fisher, Esther George and Charles Plosser — believe it’s about time to take the punch bowl away. The three regional Fed bank presidents are on a mission to urge their colleagues to take a tougher monetary policy stance, CNNMoney reported. If they are successful, Americans would be hit with higher rates on mortgages, small business loans and credit cards, and many on Wall Street fear bonds and stocks would also suffer. But the Fed hawks believe the alternative to tighter policy could be high inflation and more dangerous asset bubbles.” Continue reading

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Real Leadership from Our President

President Reagan h/t Rochelle Related articles Compare & Contrast: Reagan vs Obama On Civilian Planes Being Shot Down OPINION Reagan’s leadership vs. Obama’s on downed planes What Leadership Was and What Leadership Has Become Reagan and KAL 007

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Bill Bonner: Is Ms Yellen making history?

“See how easy investment analysis is. Even a Fed chairman can do it. ‘Get out of social media and biotech,’ she practically urged investors. ‘Buy blue chips and the broad market.’ In this, Ms. Yellen is not just making headlines; she’s making history. As far as we know, no other Fed chairman has ever offered sector analysis. We’d like to see her portfolio. Here is a woman who not only observes markets; she moves them. In the event, investors sold the sectors she warned against, and bought the broad market…sending the Dow back to record territory. What a fortune you could make if you knew what she’d say next! And what a dope you’d be if you believed her.” Continue reading

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Oregon Voters Can Nullify Marijuana Prohibition in November

This fall, people in Oregon will cast votes on a ballot measure that would legalize marijuana for the general public, effectively nullifying the federal prohibition on the same. On Jun. 26, members of New Approach Oregon turned in 145,710 signatures, far more than the 87,213 needed to qualify for the ballot this fall. If approved…

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Don’t Trust the Federal Government on Privacy

When the federal government claims it wants to solve some problem, do you immediately take it for granted that it really wants to solve the problem at hand and that it harbors no ulterior motive? Or do you instantly think. “Uh-oh, what’s the catch?”

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Spain Issues Retroactive 0.03% Tax on Bank Deposits

“Spain will retroactively tax bank deposits to January 1, 2014 stating the move will boost growth and job creation. Guru Huky correctly labeled the tax for what it is ‘More than a tax, this looks like a mini seizure of deposits. Someone likely needs a few million and to balance the books.’ The notion that a tax increase will boost the economy is of course absurd. But don’t worry, it’s only 0.03%, nudge nudge, wink wink … for now.” Continue reading

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