At least five prominent Republican governors are advocating state resistance to Environmental Protection Agency (EPA) regulations regarding climate change and carbon emissions. If done by multiple states, this would likely nullify those EPA rules in practice. Buoyed by assistance from Senate Majority Leader Mitch McConnell, they are calling on states to deny enforcement resources for an anticipated regulatory plan from…
"The media incorrectly suggests that the collapse of the market in 2008 began with the Lehman bankruptcy on September 15. The fact is that the market fully recovered to even higher levels the following week as the government banned short selling of financial stocks (much like China is doing more broadly at present). Weeks later, in a wicked case of 'sell the news,' the actual collapse started literally 15 seconds after the TARP bailout was passed by Congress. Investors want to tie market outcomes to very specific events or catalysts. But history suggests a different lesson: once extreme valuations are joined by a shift toward risk-aversion among investors, the specific events become irrelevant." Continue reading →
The Supreme Court majority ruling ignored this long-term clarity and instead chose, as they did in 2013, to violate the document they are charged with upholding.
Video embedded Trump sell out crowd, Phoenix -- Silent Majority has risen once more! Source: http://thearizonasentinel.com/2015/07/12/trump-sell-out-crowd-phoenix-silent-majority-has-risen-once-more/
It happened in the blink of an eye. With one favorable Supreme Court decision, scores of libertarians joined establishment progressives and conservatives, picked up daggers and thrust them into the heart of the Constitution. It was bizarre watching people who used to talk about the evils of centralized government and federal usurpation of power suddenly…
Obama in 2024
Source post: http://thearizonasentinel.com/2015/07/12/america-in-8-years/
SALEM, Ore. (July 10, 2015) – The Oregon Senate killed a bill that would have shut down the recently launched industrial hemp industry, ensuring that hemp farmers will be able to continue to growing their crops, further nullifying in practice the federal ban. The Senate voted 13-17 against HB2668. The legislation would have essentially halted…
CONCORD, N.H. (July 11, 2015) – On Monday, New Hampshire Gov. Maggie Hassan signed a bill into law that expands the state’s current medical marijuana program, further nullifying in practice the federal prohibition on the same. Introduced by Rep. Stephen Schmidt (R-Wolfeboro) and five bipartisan co-sponsors, House Bill 476 (HB476) adds “epilepsy, lupus, Parkinson’s disease,…
JEFFERSON CITY, Mo. (July 10, 2015) – Last week, Gov. Nixon signed a bill into law that will help promote freedom when it comes to medical services. Passed by a wide margin in both Houses this year, House Bill 769 (HB769), sponsored by Rep. Keith Frederick, states that medical retainer agreements – in which the…
"Regulators’ efforts to rein in Wall Street’s biggest banks are in danger of backfiring. Guidelines aimed at strengthening lending standards are shifting the market for high-yield credit to less-supervised loan funds, raising alarm this week from the Financial Stability Oversight Council. Because the funds don’t have depositors, some of their money comes from Wall Street banks, leaving systemically important institutions exposed to risks regulators hoped to avoid. BDCs and private credit funds [are called] 'Dodd-Frank banks' because they’ve grown in the wake of the 2010 Dodd-Frank Act’s heightened supervisory scrutiny of regulated lenders." Continue reading →