Bill Bonner: Is Ms Yellen making history?

"See how easy investment analysis is. Even a Fed chairman can do it. 'Get out of social media and biotech,' she practically urged investors. 'Buy blue chips and the broad market.' In this, Ms. Yellen is not just making headlines; she's making history. As far as we know, no other Fed chairman has ever offered sector analysis. We'd like to see her portfolio. Here is a woman who not only observes markets; she moves them. In the event, investors sold the sectors she warned against, and bought the broad market...sending the Dow back to record territory. What a fortune you could make if you knew what she'd say next! And what a dope you'd be if you believed her." Continue reading

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Oregon Voters Can Nullify Marijuana Prohibition in November

This fall, people in Oregon will cast votes on a ballot measure that would legalize marijuana for the general public, effectively nullifying the federal prohibition on the same. On Jun. 26, members of New Approach Oregon turned in 145,710 signatures, far more than the 87,213 needed to qualify for the ballot this fall. If approved…

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Senate Moves Closer to Seizing Control of Cyberspace

Just when you thought it was safe to get back on the Internet. Tuesday, the Senate Select Committee passed the Cyber Information Security Act (CISA) by a vote of 12-3. This clears another hurdle in the path toward consideration by the body of the Senate. CISA is in large part a substantially similar redux of…

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American Airlines cuts Venezuela flights after Maduro threat

"American Airlines says it is cutting almost 80% of its flights to Venezuela from next month. Tight foreign currency controls make it difficult for foreign airlines to repatriate money from ticket sales in Venezuela. The authorities have restricted access to dollars and want to make them more expensive to purchase, which may lead to losses for companies that are still waiting for cash from as far back as 2012. In January, Ecuadorean airline Tame also suspended flights to Venezuela, demanding $43m (£26m) in overdue payments for tickets. President Nicolas Maduro said at the time that airlines that reduced their operations in Venezuela would face 'severe measures'." Continue reading

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Robbing Peter

"Spain may defend its decision by pointing out that it has one of the lowest tax takes in the European Union, which is true. However, what should be the issue here is not the amount of tax being imposed, but the principle upon which the tax is being taken. Let there be no doubt about this bail-in or any other—it is pure theft. The measure in Spain is also an advance on the concept that, as long as an emergency is perceived to exist, confiscation is justified. In Spain, no emergency situation is being pretended; they simply want the money and have decided to take it." Continue reading

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Spain Issues Retroactive 0.03% Tax on Bank Deposits

"Spain will retroactively tax bank deposits to January 1, 2014 stating the move will boost growth and job creation. Guru Huky correctly labeled the tax for what it is 'More than a tax, this looks like a mini seizure of deposits. Someone likely needs a few million and to balance the books.' The notion that a tax increase will boost the economy is of course absurd. But don't worry, it's only 0.03%, nudge nudge, wink wink ... for now." Continue reading

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The Bushes, Now you know the rest of the story!!!!!!!!!! Listen and pay attention to all associated youtubes.

Deathbed confessions, photos support claims that George H. Scherf(f), Jr., was the 41st U.S. president Posted on February 13, 2012by Jean ;::This is the link to the document below: https://web.archive.org/web/20141003144730/http://jhaines6.wordpress.com/2012/02/13/deathbed-confessions-photos-support-claims-that-george-h-scherff-jr-was-the-41st-u-s-president/ This comes from a reader, D, and is quite lengthy, but of great value. These are D’s words: This appeared in 2007 in The Idaho […]

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They’re Worried: Gun Control Group Sues to Stop Nullification

The Brady Center to Prevent Gun Violence filed litigation on Wednesday in an attempt to undermine the Second Amendment Preservation Act that passed by the Kansas legislature in April 2013. It hopes to overturn the law, leaving the firearm rights of Kansans in jeopardy. The Kansas Second Amendment Preservation Act was a historically significant defense…

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