Crisis Begets Opportunity

New sanctions on Iran introduced to Congress

"The bipartisan House bill would allow President Barack Obama to impose penalties on foreign entities that provide Iran with goods to help maintain its struggling economy. The Nuclear Iran Prevention Act of 2013 also would provide Obama with broader authority to target strategic imports, such as mining or power generating equipment that could help Iran with its nuclear program, which the West and Israel say is a front for weapons development. The bill would designate the Iranian Revolutionary Guard Corps as a foreign terrorist organization." Continue reading →

Continue ReadingNew sanctions on Iran introduced to Congress

New sanctions on Iran introduced to Congress

"The bipartisan House bill would allow President Barack Obama to impose penalties on foreign entities that provide Iran with goods to help maintain its struggling economy. The Nuclear Iran Prevention Act of 2013 also would provide Obama with broader authority to target strategic imports, such as mining or power generating equipment that could help Iran with its nuclear program, which the West and Israel say is a front for weapons development. The bill would designate the Iranian Revolutionary Guard Corps as a foreign terrorist organization." Continue reading →

Continue ReadingNew sanctions on Iran introduced to Congress

US Plots Conquest of Venezuela in Wake of Chavez’ Death

"US corporate-financier funded think-tank, the American Enterprise Institute (AEI), declared in its 'post-Chávez checklist for US policymakers,' that the US must move quickly to reorganize Venezuela according to US interests. In reality, AEI is talking about dismantling entirely the obstacles that have prevented the US and the corporate-financier interests that direct it from installing a client regime and extracting entirely Venezuela's wealth. US military contractors and special forces had been caught operating in and around Venezuela. The US' intentions of provoking bloodshed and regime change in Venezuela stretch back as far as 2002." Continue reading →

Continue ReadingUS Plots Conquest of Venezuela in Wake of Chavez’ Death

Fears of Return of Euro Crisis Plague Central Bankers and IMF

"Last year, the ECB supported ailing Greece for months, because the EU couldn't agree on a bailout package for so long. It recently looked the other way when the Irish central bank came to the aid of a bank, and the prohibition on directly funding public budgets was cunningly circumvented. If the ECB were now forced to help an Italian government that is unwilling to institute reforms, its credibility would be destroyed once and for all. Many central bankers are no longer willing to cooperate with the lawmakers behind Europe's rescue programs." Continue reading →

Continue ReadingFears of Return of Euro Crisis Plague Central Bankers and IMF

Riot Alert: Look Out Argentina, South Africa, Turkey and India

"If history teaches us anything, it is that inflation usually ends in violence. The Johannesburg-based economic research house ETM Analytics (www.etmstrategy.com), which has a strong Austrian bias, puts out a monthly 'riot alert' based on the speed with which countries are debasing their currencies. It has been scarily accurate in predicting where trouble is most likely to erupt. For all the press acreage given to the political causes of violence in countries like Syria and Egypt, it is difficult to side-step the obvious common denominator: inflation. A 10% rise in food prices can transform a hungry man into an angry man." Continue reading →

Continue ReadingRiot Alert: Look Out Argentina, South Africa, Turkey and India

Thomas Sowell Exposes Dishonest Budgetary Scare Tactics, Cartoonists Mock Obama’s Hysteria

"Back in my teaching days, many years ago, one of the things I liked to ask the class to consider was this: Imagine a government agency with only two tasks: (1) building statues of Benedict Arnold and (2) providing life-saving medications to children. If this agency’s budget were cut, what would it do? The answer, of course, is that it would cut back on the medications for children. Why? Because that would be what was most likely to get the budget cuts restored." Continue reading →

Continue ReadingThomas Sowell Exposes Dishonest Budgetary Scare Tactics, Cartoonists Mock Obama’s Hysteria

The Criminology of Firearms

"In 2004, the National Academy of Sciences reviewed 253 journal articles, 99 books, 43 government publications and some empirical research of its own about guns. The Academy could not identify any gun restriction that had reduced violent crime, suicide or gun accidents. Why don’t gun bans work? Because they rely on voluntary compliance by gun-using criminals. Actual research results—as opposed to unsupported opinions—pose a question embarrassed gun prohibitionists invariably try to evade: why ban guns to ordinary owners, i.e., people who never commit gun crimes?" Continue reading →

Continue ReadingThe Criminology of Firearms

Maxine Waters: EVERYONE in America Will Lose Their Job Because of Sequestration

"If Congress allows sequestration cuts to take effect, more than 170 million Americans could lose their jobs, according to Rep. Maxine Waters (D-Calif.) 'If sequestration takes place, that’s going to be a great setback. We don’t need to be having something like sequestration that’s going to cause these job losses — over 170 million jobs that could be lost,' Waters said." Continue reading →

Continue ReadingMaxine Waters: EVERYONE in America Will Lose Their Job Because of Sequestration

Sequestration Math

"The media are bombarding us with stories of how sequestration, with its 'drastic cuts' in government spending, will affect our lives. Marketplace ran one yesterday about the USDA and the potential loss of federal meat inspectors. Don’t worry, we were told, the authorities won’t allow tainted meat on the shelves! But they might inspect more slowly, meaning less meat for sale, and higher prices. I spent 5 minutes on the CBO website and discovered that what’s in play is $27 billion of projected 'discretionary' spending. The sequester cuts that by 8% to about $24 billion. So the sequestered 2013 budget is $152 billion, a 4.8% increase over 2012." Continue reading →

Continue ReadingSequestration Math

The 1970′s Global Cooling Compilation – looks much like today

"Does the bullet point list for solutions to global cooling at right look familiar? It reads almost like some of the manifestos we get from warmists today, including the suspension of Democracy. During the 1970s the media promoted global cooling alarmism with dire threats of a new ice age. Extreme weather events were hyped as signs of the coming apocalypse and man-made pollution was blamed as the cause. Environmental extremists called for everything from outlawing the internal combustion engine to communist style population controls. This media hype was found in newspapers, magazines, books and on television." Continue reading →

Continue ReadingThe 1970′s Global Cooling Compilation – looks much like today