for life and liberty – Page 691

Bill Bonner: All Hell Breaks Loose!

Post author:The Freedom Watch Staff
Post published:June 21, 2013
Post category:Network Archives

"The Dow fell -353 points. Gold lost $87 an ounce. What does this tell us? It shouts a warning: Ben Bernanke is losing control. He desperately wants inflation. He's getting deflation instead. He wants low interest rates; yet rates are rising. Bernanke is now getting the worst kind of deflation – sluggish price increases against a backdrop of rising interest rates. This is the exact opposite of what the Fed wants... and needs. Its strategy is to hold interest rates down while it pushes up consumer and asset prices. Instead, the debt gets heavier as yields rise. Backs ache. Legs buckle. Nerves crack." Continue reading →

Welcome to the Real World

Post author:The Freedom Watch Staff
Post published:June 21, 2013
Post category:Network Archives

"Bond holders were rudely awakened, but other sources of yields took major hits as well, such as REITs and utilities, which have been down over 10% in the last two months. Higher rates are doing those investors a favor – this is officially fair warning of things to come. I'd rather take a 10% loss on bonds or a utility stock now than take an even bigger loss when the Fed pulls rates higher. If you haven't already gravitated to shorter-term maturity bonds, it's time to seriously consider it. The party isn't quite over yet for long-maturity bonds, but the bartender is making the last call. It's time to get out of the bar before you get kicked out." Continue reading →

Video: Huge Protests In Brazil Sweep The Country

Post author:The Freedom Watch Staff
Post published:June 21, 2013
Post category:Network Archives

"Though the protests initially began following the announcement of bus fare increases, they have evolved to include a wide range of groups that have grown dissatisfied over everything from government corruption and income inequality, as well as to outrage over the police's harsh response to protesters last week. In a sign that public dissatisfaction was still simmering, soccer fans booed president Dilma Rousseff on Monday during the opening of a two-week tournament at a stadium in the capital Brasilia. The heckling only intensified when the president of the global soccer body, FIFA, reprimanded the crowed for failing to show the president 'respect.'" Continue reading →

David vs Goliath ~ An After Action Report

Post author:Grassroots in Michigan
Post published:June 21, 2013
Post category:Michigan Network Archives

“Next time someone says the Tea Party is insignificant, tell them to ask Israel.” Thursday, a true David and Goliath story unfolded at the Capitol. Limited government activists, managed a stunning upset when the Senate adjourned without voting on the Medicaid Expansion bill (HB 4714) ,despite a frenzy of lobbying by Governor Snyder and …

Bloomberg anti-gun group apologizes for calling alleged Boston bomber, shot by police, a ‘victim’

Post author:The Freedom Watch Staff
Post published:June 21, 2013
Post category:Network Archives

"A gun control group founded by New York Mayor Michael Bloomberg apologized Wednesday for mistakenly including one of the alleged Boston marathon bombers in a list of people killed by gun violence since the massacre in Newtown, Connecticut. That list was delivered to Sen. Kelly Ayotte’s (R-NH) office amid a protest organized by Mayors Against Illegal Guns, which targeted the New Hampshire Republican for her vote against gun control regulations proposed by the White House. Tamerlan Tsarnaev was killed in an April shootout with police." Continue reading →

Police Taser Gun Rights Advocate at Anti-Gun Violence Rally

Post author:The Freedom Watch Staff
Post published:June 21, 2013
Post category:Network Archives

"An anti-gun violence rally at the Statehouse plaza on Tuesday turned ugly when gun rights supporters turned out to protest the event and one pro-gun advocate [was] Tasered by Concord Police after resisting their efforts to detain him. Daniel Musso, 52, of Brentwood attempted to interject commentary while John Cantin of Manchester was speaking about his efforts to influence U.S. Sen. Kelly Ayotte, R-NH, on the background check issue. Police issued an all-units alert to Main Street, with at least eight or nine cruisers at the scene, and a number of state troopers. New York City Mayor Michael Bloomberg is part of the Mayors Against Illegal Guns effort." Continue reading →

Depositing a Little Common Sense into the Law

Post author:The Freedom Watch Staff
Post published:June 21, 2013
Post category:Network Archives

"Did you know that small business owners can be prosecuted for making repeated cash deposits of under $10,000? Randy and Karen Sowers, owners of a successful Maryland creamery, learned that accounting detail the hard way when the federal government seized $62,936 from their company’s bank account and charged them with violating the Bank Secrecy Act. The Sowers did not intend to violate the law. The couple simply found themselves caught in a net of federal prosecution because their everyday business practices and ignorance of obscure banking laws ran afoul of a federal statute." Continue reading →

In-Person Bitcoin Exchanges Are Thriving

Post author:The Freedom Watch Staff
Post published:June 21, 2013
Post category:Network Archives

"Call it a sign of the times, but something is definitely changing as face-to-face purchases of bitcoin are booming worldwide. In addition to avoiding a sometimes cumbersome registration process with traditional exchangers, in-person bitcoin transactions allow you to meet interesting new people in your area – and discuss bitcoin. Many choices are available with varying degrees of identification required. For the casual traders seeking more privacy, I recommend in-person trading through LocalBitcoins.com, the leading person-to-person matching service for people in various locales to meet and conduct bitcoin business." Continue reading →

Ted Cruz: Will Obama do background checks before giving arms to Syrian rebels?

Post author:The Freedom Watch Staff
Post published:June 21, 2013
Post category:Network Archives

"In a tweet called the 'zinger of the day' by Twitchy, Sen. Ted Cruz, R-Texas, wondered Tuesday if President Obama would conduct background checks before giving arms to Syrian rebels. 'Anyone know if President Obama intends to perform background checks on the Syrian rebels before providing them weapons?' he asked. As of this writing, the short message has been retweeted 6,480 times. Polls released Monday show that an overwhelming majority of Americans do not support plans to arm the rebels, Breitbart.com said. Part of the problem, John Nolte said, is 'the fear that the new boss will be an awful lot like the old boss.'" Continue reading →

Syrian rebels say they have received anti-tank and anti-aircraft missiles

Post author:The Freedom Watch Staff
Post published:June 21, 2013
Post category:Network Archives

"Syrian rebels have received heavy weapons -- including anti-tank and anti-aircraft missiles -- from 'brotherly nations that support the Syrian revolution,' a rebel spokesman said Friday. Free Syrian Army political and media coordinator The White House has not publicly specified what steps it would take to support members of Syria's opposition, though sources have told CNN that small arms, ammunition and possibly anti-tank weapons would be part of the assistance package. The White House announcement this month that it was increasing the 'size and scope' of its material support to Syrian rebels came after months of political debate over the U.S. role in the conflict." Continue reading →