Federal government now ruthlessly stealing thousands of dollars from small farmers’ bank accounts via ‘Bank Secrecy Act’

"If you run a family farm or other small business in which you regularly make large cash deposits at the bank, you could be in violation of a little-known federal law called the Bank Secrecy Act. Making regular cash deposits of any amount, in fact, could land you in the crosshairs of government tyrants who, according to CBN News, have already seized tens of thousands of dollars from family farmers whose only 'crime' was depositing their hard-earned cash in their bank accounts." Continue reading

Continue ReadingFederal government now ruthlessly stealing thousands of dollars from small farmers’ bank accounts via ‘Bank Secrecy Act’

Family orchard ransacked by hungry mobs after owners generously offer undersized peach crop free to public

"A Colorado fruit orchard was ransacked by locals recently after its generous owners decided to open up their private peach grove to the public for a free picking. Don and Marilyn Schanaman were horrified to learn that their benevolent efforts to salvage an undersized peach crop resulted in what can only be described as utter savagery by the lowest members of society, who saw fit to harass the family and even damage their property after the peaches had all been picked." Continue reading

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The New Trend in Gold

"Why is this happening? And what does it mean? Certainly some of the shift stems from concerns with the funds themselves. Another reason for the shift is certainly due to global economic, fiscal, and monetary concerns. As fears of systemic risk ratchet higher, it's only natural for investors to gravitate toward the safest methods for holding physical metal. Throw in events like what happened to MF Global last year, and it's easy to understand why many investors would prefer holding their own bullion over a fund. More important, what should we do as a result of this trend?" Continue reading

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Where the Big Players Are Buying Housing

"The Federal Reserve Bank of Atlanta has put out a very informative chart on where three big money players are buying houses, how much they are spending and a bit about their investment strategies. Distressed sales are declining because these giants, and others, are picking up what is on the market. The housing downturn is over. From the supply side prices will be pushed higher. If Bernanke's new money printing gets into the system, prices will also be pushed higher from the demand side." Continue reading

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What Ben Bernanke Will Do When the Accelerated Price Inflation Hits

"Many are familiar with the Ben Bernanke book, Essays on the Great Depression, which is a compilation of writings about the Great Depression by various economists. Fewer, however, are aware that Bernanke contributed to a work on inflation, Inflation Targeting. This second book may provide us with important clues as to how Bernanke will act if price inflation begins to accelerate. And, indeed, it appears that some time in 2013 a perfect storm of actors may develop to push price inflation much higher." Continue reading

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Second Michigan county says “NO!” to federal NDAA kidnapping

"On Thursday, yet another local government condemned detention provisions written into the National Defense Authorization Act. The Oakland County, Mich. Board of Commissioners unanimously approved its Support for the Preservation of Liberty resolution Thursday evening. Oakland County joins Allegan County in Michigan, and at least 15 local government bodies nationwide, taking a stand against federal kidnapping. Sources close to the Tenth Amendment Center indicate at least another dozen local and county governments are considering similar resolutions." Continue reading

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The ‘Red Pill’ Of Economics

"More and more people are starting to wonder if central banks like the Bank of England and The Fed can just 'rip up' the debt that they've bought via Quantitative Easing, and reduce the national debt of these countries with the stroke of a key. Asking this question, and thinking about the implications of it, is the equivalent of taking the 'Red Pill' of economics. If you start thinking about the possibility that the central bank could just rip up a government's debt, with few negative ramifications, then you might start thinking about government finances in a totally new way that makes you uncomfortable." Continue reading

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Another Eurozone Country Bites The Dust

"What's unique in the collapsing housing bubble in Cyprus is a title-deed scandal of unimaginable proportions. And it has embroiled waves of foreign buyers. The banks aren't talking. And they aren't writing down their assets to reflect the layers of mortgages that are worthless. Developers are going bust. The money they pocketed has disappeared. Expat homeowners who don't hold title deeds are terrified of losing their homes, even if they paid cash. There are no legal processes in place to resolve this. Estimates of the missing money range from €3 to €6 billion—enough to take down all Cypriot banks." Continue reading

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Kentucky Appeals Court Upholds Random License Plate Scans

"Judges in Kentucky have no problem with police randomly scanning the license plates of motorists who are not suspected of any crime. The state Court of Appeals last week upheld the conviction of Timothy Gentry who was stopped on October 3, 2009 because a Lexington police officer conducted what he said was a random license plate scan. The court also dismissed Gentry's complaint that Officer Newman acted arbitrarily because the Lexington Police Department had no official policy guidelines to limit random information checks." Continue reading

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