Backbone: Something lacking in politicians at every level

BACKBONE. This is something that is seriously lacking from politicians in virtually every office at every level of government in this country. But that is not going to deter us – as we pressure state and local governments to recognize that resisting federal power is in their best interest. And where they refuse to act,…

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Selective Enforcement Shows Obamacare Nullification Urgently Needed

More people are receiving exemptions from Obamacare. This time, it is those living in the U.S. territories. Residents in those areas will not have to deal with many of the provisions in President Obama’s “signature achievement.” According to a July 18 Reason.com report, “Marilyn Tavenner, the administrator of the Centers for Medicare and Medicaid Services,…

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James Madison’s Advice: Refuse to Comply!

James Madison advised a “refusal to cooperate with officers of the Union” as a way for people and states to push back against unconstitutional or unpopular federal acts. READ IT: http://tenthamendmentcenter.com/2014/04/21/federalist-46-influence-of-state-and-federal-governments/

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Bill Bonner: The Dumbest Investment Mistake You Can Make

"There could be a 15-day cooling off period… which could be extended by the Fed, in the interest of market stability. Economists don’t know what will work because no one can know what the future will bring. But we all know what won’t work: central financial planning. Likewise, investors can’t consistently choose good investments; because they don’t really know the future. All they can know is what isn’t true and, knowing that, avoid bad investments. That’s why investing is often called a 'loser’s game.' You don’t win by choosing winning investments; you win by not losing. You don’t win by pretending to know what is true; you win by knowing what is false." Continue reading

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The Logical Conclusion of the Modern, Monetary Argument

"One of the most terrible things about the globalization of finance, money and industry is that it homogenizes booms and busts. There is literally nowhere to go. As economic centralization continues, these cycles will only worsen. These days in the West – and certainly in Washington – Republicans are sure they can mandate a technocratic interest-rate rule that will restrain the Fed from doing inordinate damage to the economy. Ironically, Democrats argue for more flexibility and less government interference regarding money. This would be admirable from a free-market standpoint except that they are arguing on behalf of a MONOPOLY facility. As usual, both parties get it wrong." Continue reading

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Fed looks at imposing exit fees on bond funds

"Federal Reserve officials have discussed whether regulators should impose exit fees on bond funds to avert a potential run by investors, underlining concern about the vulnerability of the $10 trillion corporate bond market. US retail investors have pumped more than $1 trillion into bond funds since early 2009. This has created a boom environment for fixed income money managers, but raises the prospect of a massive disorganized flight of money out of the industry should interest rates rise sharply in the coming years. Exit fees would seek to discourage retail investors from withdrawing funds, thereby making their claims less liquid and making a fire sale of the assets more unlikely." Continue reading

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Disclosure: Reagan NSA Executive Order Worse Than Patriot Act?

For those Americans angry with President Barack Obama for authorizing the National Security Agency’s (NSA) dragnet collection of citizens’ data, a recent disclosure should cause them to be even more upset with a former Oval Office occupant — Ronald Reagan. In an op-ed published July 18 in the Washington Post,former State Department section chief John Napier…

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TAS: The Catholic Church is a criminal enterprise, perverts in a robe!

Pope Francis Found Guilty Of Child Trafficking, Rape, Murder Sunday, July 20, 2014 7:28 0 (Before It’s News) Pope Francis Bergoglio [credit: Getty Images] Yesterday defendants Pope Francis Bergoglio, Catholic Jesuit Superior General Adolfo Pachon and Archbishop of Canterbury Justin Welby were found guilty of rape, torture, […]

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