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  • The Path To $20,000 Gold

    01/08/2013 11:35:31 AM PST · by blam · 13 replies
    The Daily Reckoning ^ | 1-8-2013 | Dan Amoss
    The Path To $20,000 Gold Dan Amoss 01/08/13 The global monetary system rests on a fragile foundation of trust. Thanks to the actions of central banks, pressure on the system will keep growing. Paper U.S. dollars sit at the heart of the global monetary system. Dollars are liabilities of the Federal Reserve. Just as houses are collateral for mortgages, Treasuries and mortgage bonds are collateral for U.S. dollars. A central bank’s balance sheet is essentially a self-reinforcing feedback loop: Government bonds are the collateral for dollar liabilities, and bonds are streams of future dollar payments. So the dollar is backed...
  • Mussolini Cult Alive and Well in Italy

    01/08/2013 11:31:03 AM PST · by Olog-hai · 20 replies
    Der Spiegel ^ | 01/08/2013 | Hans-Jürgen Schlamp
    Every year, thousands of people in Italy hang a fresh calendar of images depicting Benito Mussolini on their wall, just one of many indications that the cult of “Il Duce” is alive and well in the country. Many still consider the fascist dictator to have been an honorable man, and it is a weakness that politicians such as Silvio Berlusconi have been able to exploit. … The full extent of the Mussolini cult—a phenomenon many foreigners find difficult to understand—can be seen in Predappio, a small town in the Emilia-Romagna region with barely 7,000 inhabitants. As a tourist destination, Predappio...
  • Is Obama The King Of Fiscal Cliff Deniers?

    01/08/2013 11:30:15 AM PST · by The Looking Spoon
    The Looking Spoon ^ | 1-8-13 | The Looking Spoon
    YES! He is!Apparently Obama truly believes there is absolutely no spending problem in our government.W-O-W...and now I have my second King Obama post in a month's time.
  • The Other America Is Still There

    01/08/2013 11:30:05 AM PST · by Kaslin · 9 replies
    Townhall.com ^ | January 8, 2013 | Robert Knight
    Well, the Republicans caved and Barack Obama celebrated in Hawaii while planning his next step in creating an irreversible welfare state. Taxes will rise, spending will soar, and the media will cheer on Mr. Obama as he presses for even more as the debt ceiling deadline approaches. Instead of giving into despair or anger, conservatives need to plan for the long haul. Tea Party people, Christian conservatives, national security conservatives and fiscal conservatives (there’s a lot of overlap here) are already working to establish an actually conservative Republican Congress in 2014. It would be nice to have some conservative...
  • Retired Gen. Stanley McChrystal says military-style guns don't belong on the streets of America

    01/08/2013 11:27:35 AM PST · by PilotDave · 125 replies
    nydailynews ^ | January 8, 2013 | Kristen A. Lee
    Retired Gen. Stanley McChrystal called for “serious” gun control measures on Tuesday, saying the weapons used by his troops in Afghanistan don’t belong on the streets of America. McChrystal said the M4 Carbine he often carried in the military held a .223 caliber round capable of doing “devastating” damage to a human body. “It’s designed to do that, and that’s what our soldiers ought to carry,” McChrystal said on MSNBC’s “Morning Joe” Tuesday morning. “I personally don’t think there’s any need for that kind of weaponry on the streets and particularly around the schools in America."
  • Reality show starring rapper who fathered ELEVEN children by TEN women

    01/08/2013 11:24:34 AM PST · by massmike · 22 replies
    dailymail.co.uk ^ | 01/08/2013 | SADIE WHITELOCKS
    A yet-to-air reality show documenting a rapper, who has fathered eleven children by ten different women, has been slammed by critics who have branded it 'disgusting' and 'negative'. All My Babies' Mamas, set to air this spring on the Oxygen network, follows Carlos 'Shawty Lo' Walker, 36, as he navigates family life in an affluent suburb of Atlanta, Georgia. In the clip, which has has now disappeared from YouTube, Mr Walker is seen talking about managing his music career and the struggle of being a father from the confines of his roomy eight-bedroom mansion. 'How does a guy like me...
  • Virgina: Energy Capital of East Coast?

    01/08/2013 11:22:05 AM PST · by Kaslin · 10 replies
    Townhall.com ^ | January 8, 2013 | Marita Noon
    With a flood of new federal regulations hitting everything from healthcare, energy, food safety, and bird protection, it is encouraging to know that some states can still think for themselves. In Virginia, Governor Bob McDonnell declared that he was going to make Virginia the Energy Capital of the East Coast—after all Virginia is blessed with abundant resources such as coal, offshore oil and one of the largest uranium deposits in the world. His plans have been thwarted by the federal government. The EPA is regulating coal mining out of existence. Federal restrictions have prevented Virginia from being able to access...
  • Flu bug overwhelms local hospitals

    01/08/2013 11:21:58 AM PST · by iowamark · 9 replies
    Chicago Tribune ^ | January 8, 2013 | Patrick Svitek
    <p>Seven Chicago-area hospitals have had to send ambulances elsewhere this morning as they deal with an influx of patients with flu-like symptoms.</p> <p>As of 9:45 a.m., the hospitals remained on bypass status, which means their emergency rooms are at capacity and non-critical patients are being re-routed to other hospitals, said Melaney Arnold, spokeswoman for the Illinois Department of Public Health...</p>
  • If the govt can share your gun permit data with the public, why not your tax & income data too?

    01/08/2013 11:17:47 AM PST · by Starman417 · 16 replies
    Flopping Aces ^ | 01-08-13 | Vince
    In the wake of the tragedy in Connecticut last month a newspaper serving the New York City suburbs, The Journal News, decided to post to its website the names and addresses of all of the legal gun owners in Westchester, Rockland, and Putnam counties. Gun owners were outraged. In response a blogger posted the names and addresses of the key players at the newspaper’s editorial staff. The Journal, a unit of USA Today publisher Gannett, accessed the names and addresses via a Freedom Of Information request which makes most government data available to the public. This is a blatant misuse...
  • The Conservative Anschluss Moment: the Time to Fight Arrives

    01/08/2013 11:15:12 AM PST · by Shery · 4 replies
    American Spectator ^ | January 8, 2013 | Jeffrey Lord
    “The tax issue is finished. Over. Completed. That’s behind us.” — Senate Republican Leader Mitch McConnell “The hard fact is that nothing could have arrested what actually happened…” — British Prime Minister Neville Chamberlain on the Nazi invasion of Austria “Our affairs have come to such a pass that there is no escape without running risks.” So said a resolute Winston Churchill as, still out of favor with his own Conservative government, he stood up in the House of Commons in March of 1938 to protest the government’s passive response to the occupation and annexation of Austria by Adolf Hitler’s...
  • Idaho Lawmaker: 'Government Not Responsible for Controlling Weapons'

    01/08/2013 11:11:04 AM PST · by Red Steel · 12 replies
    Boise Weekly ^ | Sun, Dec 23, 2012 at 10:14 AM | George Prentice
    Sales of firearms have been increasing nationwide, and Idaho is no exception. This morning's Coeur d'Alene Press reports that concealed carry classes have been booked solid in the north Idaho community, and one gun shop has seen a 30 percent jump in sales in the past several days. "I think the No. 1 reason (sales are up) is people are afraid they’re going to lose their ability to purchase firearms,” Ed Santos, owner of Center Target Sports in Post Falls, told the Press. "Look at cities that have gun control, like Chicago. Gun control doesn't work." Meanwhile, Coeur d'Alene Republican...
  • WHY GOVERNMENT SCHOOLS ARE OUR MAIN PROBLEM

    01/08/2013 11:10:15 AM PST · by Dick Bachert · 44 replies
    Vanity | 1/8/2013 | Dick Bachert
    A story that plays into where we are now bears recitation. I’m working from memory here and some of the details may not be precisely correct but the take away message has stuck with me all these years. In August, 1977, a small church in Louisville, Nebraska – Faith Baptist – was raided by armed agents of the state Department of Education for running a Christian school. The ostensible reason for the raid was that they were NOT adhering to the state “requirement” that ALL schools and teachers be “certified” by the state. A judge issued an order that the...
  • Korean War veterans to be honored

    01/08/2013 11:10:12 AM PST · by Berlin_Freeper · 4 replies
    sheltonherald.com ^ | January 8, 2013 | Shelton Herald Staff
    The Department of Defense is honoring all Korean War Veterans with an official certificate of appreciation, signed by Secretary Leon E. Panetta.
  • Report: Debt Ceiling ‘X Date’ Feb. 15 (government unable to pay its bills by mid-February)

    01/08/2013 11:09:37 AM PST · by drewh · 7 replies
    Politico.com ^ | 1/8/13 6:28 EST | By KATIE GLUECK
    The next debt ceiling battle could come as soon as mid-February, when the federal government looks to hit its borrowing limit, a new report says. “Based on financial data from Treasury, we estimate that the government will be unable to pay all of its bills as early as February 15, also known as the X Date” said Steve Bell, senior director of the Economic Policy Project at the Bipartisan Policy Center, in a statement. The Bipartisan Policy Center announced the findings of the organization’s study on Monday. According to a release from the Center, their analysis indicates that “the federal...
  • McConnell: Any gun proposals will take back seat to solving country's financial problems

    01/08/2013 11:06:25 AM PST · by neverdem · 24 replies
    Associated Press ^ | January 6, 2013 | NA
    WASHINGTON - Senate Republican leader Mitch McConnell federal spending and the country's debt will dominate the congressional agenda for the next three months, and that debate about potential gun legislation in the wake of the Connecticut school shooting will take a back seat...
  • The New Liberal Aristocracy (Exactly why we had a revolution +200 years ago)

    01/08/2013 11:05:50 AM PST · by bestintxas · 12 replies
    National Review ^ | 1/8/13 | Victor Davis Hanson
    ‘Limousine liberal” is an old American term used against those who inherited lots of money and then became “traitors to their class” by embracing populist politics. The Roosevelts and Kennedys enjoyed the high life quite apart from the multitude that they championed. And they were exempt, by virtue of their inherited riches and armies of accountants and attorneys, from the higher taxes they advocated for others. Few worried about how their original fortunes were made long ago, or that as lifelong government officials they had their needs met by the state. Most were relieved instead that as very rich people...
  • MN Freepers - 2A Meetup

    01/08/2013 11:01:54 AM PST · by Solson · 13 replies
    Minnesota2a.com ^ | 1/6/2013 | Twin Cities Gun Owners
    New! Join us for 2nd Saturday 2A Coffee & Chat! Saturday, January 12, 2013, 10:30 a.m. (metro location, see info below) A great chance to meet other like-minded people in a casual setting once per month. We meet up on the second Saturday of each month at a Twin Cities metro area coffee shop, restaurant or gathering spot. Open carry is welcomed, but not required**. This is NOT an "event" or "rally" or "protest." It's simply friends and new friends meeting for coffee. Period. LOCATION: (metro suburban location just minutes NE of DT Mpls) Given the current climate of discrimination...
  • Have We Lost the Drug Wars?

    01/08/2013 10:59:00 AM PST · by Kaslin · 367 replies
    Townhall.com ^ | January 8, 2013 | Bill Murchison
    Forty-odd (exceedingly odd, I might add) years ago, who would have envisioned a national war against drugs? Nobody took drugs -- nobody you knew, nobody but jazz musicians and funny foreign folk. Then, after a while, it came to seem that everybody did. Drugs became a new front in the war on an old social culture that was taking hard licks aplenty in those days. I still don't understand why people take drugs. Can't they just pour themselves a nice shot of bourbon? On the other hand, as Gary S. Becker and Kevin M. Murphy argue, in a lucid piece...
  • Obama picks up a fight over his national security team

    01/08/2013 10:55:40 AM PST · by Jyotishi · 4 replies
    The Pioneer ^ | Tuesday, January 8, 2013 | IANS
    Washington - Assembling his second term national security team, US President Barack Obama courted controversy as he named former Republican senator Chuck Hagel to head the Pentagon and his counterterrorism adviser John Brennan to lead the CIA. "My No.1 criteria in making these decisions was simple --who is going to do the best job in securing America," Obama said Monday nominating Hagel, seen as a maverick politician, to replace Leon Panetta as Defense Secretary and Brennan, a key architect of America's drone strategy, to head the Central Intelligence Agency. In making the two controversial picks, especially that of Hagel, Obama...
  • Obama EPA Regulations Kill 15 Power Plants, 480 Jobs In Georgia

    01/08/2013 10:54:35 AM PST · by drewh · 50 replies
    Washington Examiner ^ | January 8, 2013 | 10:20 am | Beltway Confidential
    Georgia Power asked state regulators for permission to shut down 15 power plants yesterday, claiming new regulations from the Environmental Protection Agency (EPA) make the plants too expensive to run. The 15 coal-, oil- and natural gas-fired power plants currently produce 2,061 megawatts (MW) for Georgia energy consumers. Georgia Power plans to close 11 of the plants on the exact day the EPA’s new mercury regulations are set to take effect, April 16, 2015. Georgia Power will seek waivers from the EPA to keep four of the other plants open for a single year, and then shut those down too...