Big Lie

Major Disinformation Campaign about America’s Gold Begins

"An audit of the gold held at the New York Federal Reserve has been completed and the disinformation campaign has started. The problem is that the gold held at the New York Federal Reserve is not 'The U.S. government’s gold.' It is gold held, for the most part, by the Federal Reserve for foreign countries. Why wasn't an independent auditing firm brought in? And since the gold is held for countries like Germany, why didn't Germany and others who have gold on account get to pick the auditor? Of course, the full truth is this gold has never been audited and unlike the NY Fed, which provides tours, there are no tours of the Fort Knox gold." Continue reading →

Continue ReadingMajor Disinformation Campaign about America’s Gold Begins

How Big Was the Tax Hike for Everyone Earning a Paycheck?

"The payroll tax paid by workers increased from 4.2% to 6.2% at the start of the year. The regressive tax is paid by everybody who earns $113,700 annually or less. That means someone making the median income of about $50,000 will pay $1,000 a year more in taxes, or a little more than $19 a week. These receipts are supposed to pay for Social Security and Medicare, but they are actually spent along with all other revenues. I monitor the 260-day moving sum of withheld income and employment taxes deposited at the US Treasury. It was $1,791 billion on December 18. It jumped $25 billion to $1,816 billion on January 18. That’s a significant tax increase." Continue reading →

Continue ReadingHow Big Was the Tax Hike for Everyone Earning a Paycheck?

Wheels coming off Obamacare

"The central parts of ObamaCare don’t roll out until 2014, but the wheels are already falling off this clunker. The latest news from four federal agencies is that 1) insurance will be a lot less affordable than Americans were led to expect, 2) fewer people than promised will get insurance and 3) millions of people who have coverage through a job now will lose it, thanks to the president’s 'reforms.' Oh, and children are the biggest victims. The Affordable Care Act is looking less and less affordable." Continue reading →

Continue ReadingWheels coming off Obamacare

Detlev Schlichter: Of interest and the dangerous habit of suppressing it

"Interest is an essential component of human action and the charging of interest rates an integral component of human cooperation on markets. Abolishing interest rates or depressing them through policy intervention will never make markets work better, will never make financial markets more stable, and will never make society more prosperous." Continue reading →

Continue ReadingDetlev Schlichter: Of interest and the dangerous habit of suppressing it

The Ascent of Whatever-It-Takes Banking Is a Good Thing?

"We didn't realize the reaction to criticism that central bankers were rash and their strategic destabilizing would result in a worldwide movement of even MORE activist bankers. You've read it for yourselves now. A 'new breed' of banker is emerging that will grasp the true power of the printing press and pump harder. Yet it simply must be admitted that central bankers don't ever know how much money is too much. There are no tools that exist that can divine the future. If new and bolder central bankers are going to print even MORE money, the booms and busts shall be correspondingly larger. This would seem to be an illogical solution, but in truth, not so." Continue reading →

Continue ReadingThe Ascent of Whatever-It-Takes Banking Is a Good Thing?

From Watery Bourbon To Horse-Meat Chili: Hidden Inflation Is Everywhere

"We’ve had an endless series of products whose ingredients have been cheapened in order to maintain the price. Consumers won’t be able to taste the difference, the theory goes. So, as the horse-meat lasagna scandal in Europe is spiraling beautifully out of control, we’re now getting hit where it hurts: Maker’s Mark is watering down its bourbon." Continue reading →

Continue ReadingFrom Watery Bourbon To Horse-Meat Chili: Hidden Inflation Is Everywhere

Another Reason to Keep Your Children Away from Government Schools

"Hollywood leftist Steven Spielberg is giving DVDs of his historically bogus 'Lincoln' movie to all 'public' middle and high schools. When Congressman Joe Courtney of Connecticut asked Spielberg to correct the blatant lie in the movie that Connecticut congressmen voted against the Thirteenth Amendment that ended slavery Spielberg ignored him. He then sent his screenwriter, Tony Kushner, out to cry poetic license and write in USA Today that 'it's only a movie.' They have apparently changed their minds about that and are promoting the movie in the government's brainwashing and propaganda mills as true history." Continue reading →

Continue ReadingAnother Reason to Keep Your Children Away from Government Schools

Another Reason to Keep Your Children Away from Government Schools

"Hollywood leftist Steven Spielberg is giving DVDs of his historically bogus 'Lincoln' movie to all 'public' middle and high schools. When Congressman Joe Courtney of Connecticut asked Spielberg to correct the blatant lie in the movie that Connecticut congressmen voted against the Thirteenth Amendment that ended slavery Spielberg ignored him. He then sent his screenwriter, Tony Kushner, out to cry poetic license and write in USA Today that 'it's only a movie.' They have apparently changed their minds about that and are promoting the movie in the government's brainwashing and propaganda mills as true history." Continue reading →

Continue ReadingAnother Reason to Keep Your Children Away from Government Schools

Veterans Administration again accused of covering up the causes of ‘Gulf War Syndrome’

"An alarming but widely-ignored report by a federal panel of high-level scientists charged with advising the government on the disease accused the U.S. Department of Veterans Affairs of covering up the true nature and cause of a profound systemic illness that medical scientists have traced to wartime exposures — including neurotoxins, depleted uranium, and microbes, among others. The culprits, the committee claims, are bureaucrats in the Veterans’ Administration Office of Public Health, whose coordination of a robust strategic plan for Gulf War Illness (on which RAC had consulted) has 'gutted' science, 'focus,' 'energy,' and budgetary resources." Continue reading →

Continue ReadingVeterans Administration again accused of covering up the causes of ‘Gulf War Syndrome’

US Killed Hundreds of Children in Afghanistan, Says New Report — US Rejects Report

"The UN Committee on the Rights of the Child reported that it was 'alarmed' by reports that hundreds of children died as a result of the U.S.-led war in Afghanistan because of a 'reported lack of precautionary measures and indiscriminate use of force,' the Los Angeles Times reported over the weekend. The UN report also condemned the arrest and detention of children in Afghanistan. But the U.S. military said 'the reports were unsubstantiated and cited figures from the U.N. Assistance Mission in Afghanistan showing that the vast majority of civilian deaths and injuries in Afghanistan over the last several years were caused by insurgents.'" Continue reading →

Continue ReadingUS Killed Hundreds of Children in Afghanistan, Says New Report — US Rejects Report