for life and liberty

Yellen: How High Is Up?

"Yellen seems to be setting the table for continued monetization not industrialization. The Fed under Yellen, as under Bernanke, is concerned mainly with the 'monetary economy' because that benefits globalist strategies. A healthy 'normal' economy helps working class people. A monetized economy boosts stock markets, upscale real estate, high-end luxury goods, speculative investments, etc. From my point of view, this is no coincidence and it's one reason High Alert continues to present our 'Wall Street Party' meme. A slow economy awash in currency that is gradually trickled into stock and bond markets is an 'investor's' economy." Continue reading →

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Yellen Concerned Fed Models Fail to Predict Price Moves

"Federal Reserve Chair Janet Yellen is concerned that the standard models central banks use to forecast inflation may be broken. Behind her disquiet: the failure of the models to foresee the path of prices in the U.S. during the last recession and its aftermath and in Japan during its deflationary period from 1998 to 2012. U.S. inflation has been higher than the simulations suggested, while Japanese price declines proved more persistent. Yellen alluded to her concerns in a speech last week, saying the Fed has to 'watch carefully' to see if inflation picks up as the central bank projects -- and hopes -- during the next few years." Continue reading →

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Doug French: The Market Is Rigged

"In the end, the controversy surrounding high-frequency trading is likely much ado about nothing. For one thing, the industry peaked five years ago, pulling in $5 billion in profits. In 2012, it pulled in $1 billion. That might sound like a lot, but JPMorgan Chase made $5 billion just last quarter. As far as influencing markets and costing the average person money, HFT doesn’t compare to the Fed’s quantitative easing and zero interest rate policy. A more sound currency, whether metallic or digital, would spread a healthier culture: one not so obsessed with speculation, wealth, material goods, and nanoseconds." Continue reading →

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Bill Bonner: Here’s Proof That Wealthy Elites Control Washington

"We had no proof. Just an observation. But it looks to us as though government always begins and ends as a tool for those who control it. It is not the product of a 'social contract.' It is not an expression of the 'general will.' It is not the 'price we pay for civilization.' It is not 'captured by wealthy special interests.' On the contrary, it is as blunt and stupid as a crowbar. It is used by the elite to pry wealth, status and power away from everyone else. Few victims of the public school system believed us, but now cometh a study from Princeton and Northwestern universities proving we were right." Continue reading →

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Oligarchy in the 21st Century … Get Used to It?

"Alan Greenspan no doubt would have answered in a way that allowed for multiple interpretations. But Yellen took the question with little equivocation. We can see that Yellen is being cautious, even as she is granting the possibility that the US is an oligarchy. Sanders has an agenda, but Yellen is certainly not about to discount it outright. That this question came up at all is the result of a Princeton study on the subject. A TalkingPoints post back in April reported on the study, which asks 'who really rules the US.' The study concludes that in the past few decades America's political system has evolved from democracy to oligarchy." Continue reading →

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A Call for Action by States

A Call To Action by the States Well folks , it is happening, exactly as the founders feared would happen over 200 years ago. Americans have elected a majority of public officials, that have as their agenda. The destruction of the United States of America. We have elected Presidents, that have been nothing more than […]

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Don’t Count On the Courts (Or Congress Either)

Georgetown University Law Center professor Randy Barnett nailed it in a short post on the Volokh Conspiracy Blog this week. Much as I believe that the NSA bulk data seizure program is unconstitutional because it is an “unreasonable” general warrant, the preferable remedy would be a congressional fix. Moreover, I agree that we should never…

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New Hampshire legislature passes anti-spying bill

CONCORD, N.H., May 9, 2014 – The New Hampshire legislature has passed a bill which bans government officials from obtaining “information contained in a portable electronic device” without a warrant “signed by a judge and based on probable cause.” The House and Senate passed slightly different versions of the bill, so a conference committee was…

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Missouri Anti-Agenda 21 Bill Moves Closer to the Governor’s Desk

JEFFERSON CITY, Mo., May 8, 2014 – A bill that would protect property rights from Agenda 21 and other similar measures passed a Missouri senate committee on Tuesday, moving the bill one step closer to the governor’s desk. House Bill 1647 (HB1647) was introduced on Jan. 29 by Rep. Mike Moon (R-157).  It passed the…

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