statism

Credit Suisse Says Governments Are Discouraging Gold Holdings – And What It Misses

"In a globalist, technocratic society, civil society arises as a kind of negotiation between the demands of the state and the desires of its citizens. But in reality this is an entirely unequal discussion, as the state intends to impose its demands by force. What Credit Suisse and other firms are missing, however, is that the current arrangement is an unstable one that arrogates more and more power over time to the state. If citizens in various repressive states are hoarding gold, it is because they don't trust government-run currencies. Perhaps they hoard gold as well because taxes are continually rising and because price inflation is out of control." Continue reading →

Continue ReadingCredit Suisse Says Governments Are Discouraging Gold Holdings – And What It Misses

Minting Pennies & Nickels Cost U.S. Taxpayers $436 Million Since 2006

"Pennies and nickels have cost more than their face value to mint since 2006, resulting in a loss of at least $436 million to U.S. taxpayers. The CHART OF THE DAY shows that in 2012, the penny cost almost 2 cents to make and the nickel more than 10 cents, according to the U.S. Mint’s annual report released in January. Those prices have almost doubled over the past seven years. American lawmakers seeking a model need not look beyond the Royal Canadian Mint, which stopped distributing pennies to financial institutions on Feb. 4, saving C$11 million ($11 million) annually. The last Canadian cent was minted in May." Continue reading →

Continue ReadingMinting Pennies & Nickels Cost U.S. Taxpayers $436 Million Since 2006

India bans gold jewellery from Thailand

"In a fresh clampdown, India has officially banned the import of gold jewellery from Thailand. The authorities suspect that Indian importers are misusing the duty free pact with Thailand to import bullion from the South East Asian nation. The commerce ministry has recommended suspension of gold jewellery imports from Thailand in view of the increasing imports from the country. For some time now, the government has been looking to bring down imports of the precious metal into the country and has added several stages of import duties." Continue reading →

Continue ReadingIndia bans gold jewellery from Thailand

Post Office to release fashion line

"You may not be able to get a letter from the U.S. Postal Service on Saturdays, but you will be able to get fashionable new apparel. The cash-strapped post office plans to release a 'Rain Heat & Snow' clothing and accessory line. CNN reported that the Postal Service is teaming up with Cleveland-based Wahconah Group, which will design the clothing and accessories. The Rain Heat & Snow line should have something available for men by spring 2014, CNN said. A women's line also is being planned. CNN said the fashion line will be sold in department and specialty stores." Continue reading →

Continue ReadingPost Office to release fashion line

U.S. Postal Service to cut Saturday delivery

"The U.S. Postal Service is set to announce that it will discontinue Saturday mail delivery in a cost-saving measure that is expected to save the agency up to $2 billion per year. According to the Associated Press, package delivery will continue six days a week, but regular mail will be limited to Monday to Friday delivery. The changes are slated to take place in August. Under the new plan, Saturday delivery to post office boxes will continue and post offices that are currently open on Saturdays will remain open." Continue reading →

Continue ReadingU.S. Postal Service to cut Saturday delivery

Furloughed FAA employee goes on Miami shooting rampage

"A depressed Florida man shot his wife and two children before killing himself after closing his hot air balloon business and facing losing his job as a Federal Aviation Administration (FAA) inspector because of automatic budget cuts known as 'sequestration.' A source told CBS News that 45-year-old Carlos Zuniga was depressed in the weeks before he shot his wife 43-year-old wife, Michelle, his 14-year-old daughter, Lauren, and his 11-year-old son, Stefan. Carlos Zuniga then killed himself. Stefan Zuniga died at Jackson Memorial Hospital’s Ryder Trauma Center on Thursday morning. Both the wife and the daughter were in critical condition." Continue reading →

Continue ReadingFurloughed FAA employee goes on Miami shooting rampage

WARNING: You are about to be Exposed to “Washington Monument Syndrome”

"Airlines and airports across the country are preparing for across-the-board federal budget cuts due to hit next week as if they were a hurricane, although with even less certainty about how many flights they will have to cancel and how many passengers will be stranded. The federal government is warning about delays that could begin in March, as the first cuts take effect, and reduced takeoffs and slower security lines that could worsen in April with furloughs." Continue reading →

Continue ReadingWARNING: You are about to be Exposed to “Washington Monument Syndrome”

TSA Detains 3 Year Old In Wheelchair Who Suffers from Spina Bifida

"Lucy, who suffers from Spina bifida and is confined to a wheelchair was on her way to Disney World when she was stopped after going through security at her home airport. She, along with her parents and siblings made it through the security checkpoint without a problem until the TSA stopped them on their way to their gate. TSA promptly took away Lucy's favorite toy which led her to weep uncontrollably. TSA demanded that her parents stop recording. Lucy's father, a lawyer, told them that he was legally allowed to record them and her mother said repeatedly 'you're not touching my daughter' without a camera documenting their actions." Continue reading →

Continue ReadingTSA Detains 3 Year Old In Wheelchair Who Suffers from Spina Bifida

Revel casino’s bankruptcy threatens plans to make Atlantic City a gambling-plus destination

"It was to offer more than just gambling. It would provide a sumptuous, Las Vegas-style experience. And that was the game plan, supported exuberantly by Gov. Christie and strategized by marketers and tourism experts. Now that major piece in the remodeling of Atlantic City is in doubt. Revel said Tuesday that it would seek Chapter 11 bankruptcy protection. If Revel tanks, so, too, might much of the vision of Atlantic City as a year-round resort. The $2.4 billion casino - the most expensive ever built in New Jersey - received more than $300 million in state construction funding." Continue reading →

Continue ReadingRevel casino’s bankruptcy threatens plans to make Atlantic City a gambling-plus destination

White House vows to aggressively combat trade secrets theft in new cybersecurity strategy document

"The US government vowed to aggressively combat a rise in the foreign theft of trade secrets amid mounting concerns over recent hacking attacks allegedly emanating from China. 'We will continue to act vigorously to combat the theft of US trade secrets that could be used by foreign companies or foreign governments to gain an unfair economic edge,' the strategy document says. Such 'theft threatens American businesses, undermines national security, and places the security of the US economy in jeopardy,' it said, putting 'American jobs at risk.'" Continue reading →

Continue ReadingWhite House vows to aggressively combat trade secrets theft in new cybersecurity strategy document