CLibertyC

Why S&P is in the Crosshairs of the Department of Justice

"It was S&P that took the heat in August of 2011, being first to actually cut the nation's rating to AA+. At the time the Obama administration lashed out at S&P, launching an unprecedented attack, specifically accusing the agency of 'misleading calculations.' Some now speculate that the Obama administration is merely getting revenge on S&P's downgrade by taking legal action against the rating agency. But it is also plausible that the Obama administration made a shrewd political calculation in taking this action. The Obama Justice Department's suit puts Moody's and Fitch on notice that they had better behave." Continue reading →

Continue ReadingWhy S&P is in the Crosshairs of the Department of Justice

Jim Rogers Joins Bill Gross Warning on Treasuries

"Investor Jim Rogers joined Bill Gross, who runs the world’s biggest bond fund, in warning that a rout that sent Treasuries to their biggest loss last month in almost a year probably isn’t over. 'I’m short long-term government bonds,' betting the securities will fall, Rogers, the author of the book 'Street Smarts,' said yesterday on Bloomberg Radio. 'I plan to short more. That bull market, that’s a bubble.' In an interview with Bloomberg News on Oct. 28, 2009, he said Treasuries are the 'next bubble in the making' when yields on the 10-year note were 3.42 percent." Continue reading →

Continue ReadingJim Rogers Joins Bill Gross Warning on Treasuries

Fed Has Bought More U.S. Gov’t Debt This Year Than Treasury Has Issued

"So far this calendar year, the Federal Reserve has bought up more U.S. government debt than the U.S. Treasury has issued. By the close of business on Wednesday, Feb. 6, according to the U.S. Treasury, the total federal debt had climbed to $16.4799 trillion—an increase of $47.2 billon for the calendar year. At the close of business on Jan. 2, the Federal Reserve had owned $1.661 trillion in U.S. Treasury securities. By the close of business on Feb. 6, it owned $1.7172 trillion—an increase of $51.1 billion for the calendar year." Continue reading →

Continue ReadingFed Has Bought More U.S. Gov’t Debt This Year Than Treasury Has Issued

Judge Napolitano on Obama’s Drone Strike Policy: ‘This Is the Power Claimed by Kings and Tyrants’

"'It says 'any informed high-level U.S. government official can strip an American of his or her constitutional protections and order the killing of that American if the person is overseas, if it's difficult to arrest that person,' said Napolitano, explaining that the memo does not clearly define what 'imminent danger' to the United States means. 'This is the power claimed by kings and tyrants. This is about as un-American a power as one could imagine,' he said." Continue reading →

Continue ReadingJudge Napolitano on Obama’s Drone Strike Policy: ‘This Is the Power Claimed by Kings and Tyrants’

Reality Check: President Obama’s Rules For Assassinating U.S. Citizens?

"It is a story that has made national headlines in the past twenty four hours but a story Reality Check has been telling you for nearly two years. NBC News obtained a copy of the Obama administration’s rules for assassinating U.S. citizens." Continue reading →

Continue ReadingReality Check: President Obama’s Rules For Assassinating U.S. Citizens?

Washington state prepares to take on TSA

"HB 1454, The Washington State Freedom Of Travel Act, uses clear and commonsense language to point out the illegal activities which the TSA is already carrying out on a regular basis and sets penalties for violations within the state. The bill goes on to mention the illegality of groping and removing children from parental custody without permission, important sections in light of the TSA's apparent policy of hiring criminals, including a former Catholic priest who was defrocked for sexually abusing young girls." Continue reading →

Continue ReadingWashington state prepares to take on TSA

Women delivering newspapers in Torrance shot in manhunt for ex-cop

"Two women who were shot by Los Angeles police in Torrance early Thursday during a massive manhunt for an ex-LAPD officer were delivering newspapers, sources said. The women, shot in the 19500 block of Redbeam Avenue, were taken to area hospitals, Torrance police Lt. Devin Chase said. They were not identified. One was shot in the hand and the other in the back, according to Jesse Escochea, who captured video of the victims being treated. It was not immediately known what newspapers the women were delivering. After the shooting, the blue pickup was riddled with bullet holes and what appeared to be newspapers lay in the street alongside." Continue reading →

Continue ReadingWomen delivering newspapers in Torrance shot in manhunt for ex-cop

Disarm the police, not the citizens

"Every response by law enforcement seems to resemble a wartime situation these days, something one would think that Americans would be concerned about. Yet, for a nation that was born with a suspicion of standing armies and that wouldn’t tolerate the existence of one during peacetime, virtually no one objects to the increasingly aggressive tactics of local, state and federal police, often acting jointly to address routine local crimes. One can already imagine the response by apologists for the all-powerful state. 'If that’s what it takes to keep our children safe, then it’s worth it.'" Continue reading →

Continue ReadingDisarm the police, not the citizens