Articles Posted by RC one

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  • GOP-Controlled House Kicks Off New Session by Reading Constitution Aloud

    11/20/2014 5:50:57 PM PST · by RC one · 28 replies
    FoxNews.Com ^ | January05, 2011
    Republicans in the House came to power vowing to govern by the book -- or in the case of the Constitution, by the parchment. And partly as a nod to Republican representatives elected as part of the conservative Tea Party movement, one of the first acts of the newly GOP-controlled House will be to read that founding document aloud on Thursday.Boehner will begin Thursday by reading the Constitution's preamble: "We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure...
  • (Vanity) The Congress shall have power to establish an uniform Rule of Naturalization

    11/20/2014 2:56:49 PM PST · by RC one · 11 replies
    vanity | vanity
    Article 1, section 8, clause 4: The Congress shall have power to establish an uniform Rule of Naturalization The authority to control immigration and naturalization does not rest with the President. This is his most flagrant violation of the US constitution yet and is clear grounds for impeachment. There is no other recourse for this kind of lawlessness.
  • GOP adds another Senate seat as Sullivan wins Alaska

    11/12/2014 6:48:49 AM PST · by RC one · 55 replies
    FoxNews.com ^ | November 12, 2014
    Republican candidate Dan Sullivan defeated Democratic incumbent Sen. Mark Begich in Alaska’s U.S. Senate race Wednesday. The win gives the GOP eight Senate pickups in the midterm elections. The party is also seeking a ninth seat in Louisiana’s runoff in December.
  • Alabama Elections 2014 | Voters approve right to bear arms state amendment

    11/05/2014 5:09:21 AM PST · by RC one · 19 replies
    ABC3340.com ^ | Nov 04, 2014 10:45 PM EST
    <p>MONTGOMERY, Ala. (AP) - Alabama voters have approved a constitutional amendment to make gun ownership a fundamental right.</p> <p>The measure called Amendment 3 won easily in statewide balloting Tuesday.</p> <p>The Republican-backed amendment used language from the National Rifle Association.</p> <p>The measure would make owning firearms a fundamental right in Alabama. It would also require that measures to control firearms would have to pass the toughest review by state courts.</p>
  • Second Amendment Crushes Gun Control Candidates In Midterm Elections

    11/05/2014 1:00:40 AM PST · by RC one · 12 replies
    As the election returns came in on November 4 one thing was evident—the Second Amendment crushed gun control candidates in Senate and gubernatorial races around the country. In so doing, the Second Amendment annihilated the left's relentless claim that 90 percent of Americans support more gun control. On the gubernatorial level, in Arizona, pro-Second Amendment candidate Doug Ducey (R) beat gun control candidate Fred DuVaul (D). And in Florida, pro-Second Amendment incumbent Rick Scott (R) beat gun control candidate Charlie Crist. These victories were enhanced by the fact that Gabby Giffords and Mark Kelly endorsed DuVal and Giffords' gun control...
  • U.S. Army warns of potential 'airborne' Ebola

    10/16/2014 10:29:54 PM PDT · by RC one · 14 replies
    WND ^ | 10/16/14 | Jerome Corsi
    U.S. Army warns of potential 'airborne' Ebola Virus could be transmitted by means other than contact NEW YORK – While Centers for Disease Control and World Health Organization officials continue to insist Ebola cannot be transmitted by air from one person to another, an Army manual clearly warns the virus could be an airborne threat in certain circumstances. The handbook published by the U.S. Army Medical Research Institute of Infectious Diseases, USAMRID, titled “USAMRID’s Medical Management of Biological Casualties Handbook,” is now in its seventh edition. The most recent edition was published in 2011, with more than 100,000 copies distributed...
  • Infectious Disease Experts... Suggest Ebola Transmission by Air Can't be Ruled Out

    10/16/2014 12:59:31 PM PDT · by RC one · 5 replies
    cleveland leader ^ | 10/15/14 | Julie Kent
    Infectious Disease Experts & Multiple Research Studies Suggest Ebola Transmission by Air Can't be Ruled Out Standard surgical masks are not enough protection against Ebola virus, says a report from the Center for Infectious Disease Research and Policy at the University of Minnesota. In an extensive commentary submitted to CIDRAP by national experts on respiratory protection and infectious disease transmission, the authors indicate that multiple research studies have shown that aerosol transmission of Ebola virus cannot be ruled out and should be suspected as a possible mode of transmission, and recommends at minimum a powered-air purifying respirators (PAPR) for healthcare...
  • The NRA P***ed Off the Wrong Nerd Genius

    09/16/2014 1:38:15 PM PDT · by RC one · 65 replies
    It was reported Monday that Bill Gates, Microsoft co-founder and incredibly wealthy guy, and with his wife, Melinda, have given $1 million to Initiative 594 in Washington state. The ballot initiative, if passed by voters on November 4 (and it currently enjoys overwhelming support), will require universal background checks for all firearm purchases in the state.
  • Is Your Firearms Training Realistic?

    09/12/2014 12:09:36 PM PDT · by RC one · 67 replies
    Townhall Magazine ^ | Sep 09, 2014 | Bob Owens
    Assailants rarely stand still and announce themselves as a “threat.” In the September issue of Townhall Magazine, where this article originally appeared, BearingArms.com's Bob Owens asks if your firearms training is realistic.I’ve been to a number of different self-defense courses in the past 20 years, almost all of them focused on drawing and shooting at a stationary paper target at a known distance on a static firing line after the lead instructor has shouted “threat!”I’m now supremely confident that if I am ever attacked by a stationary paper target, I will survive.Unfortunately, criminals rarely shout “threat!” as they attack, they...
  • Under Putin's gaze, Gazprom starts mega-pipeline to China

    09/08/2014 12:37:53 AM PDT · by RC one · 1 replies
    UK Reuters ^ | 9/1/14 | Vladimir Soldatkin
    (Reuters) - President Vladimir Putin on Monday oversaw the start of construction on a giant pipeline that is due to ship $400 billion (240.78 billion pounds) worth of Russian gas to China in the three decades after flows begin in 2019.The 4,000 km (2,500 mile) "Power of Siberia" pipeline, being built by state-controlled Gazprom (GAZP.MM), forms a key part of the Kremlin's energy strategy, symbolising Russia's attempts to wean itself off dependence on European markets that account for most of its exports."Just now, we along with our Chinese friends are starting the biggest construction project in the world," Putin told...
  • Four Students Robbed at Gunpoint on Gun-Free Campus in Ohio

    07/29/2014 9:48:39 AM PDT · by RC one · 36 replies
    breitbart ^ | 23 Jul 2014 | AWR Hawkins
    Case Western Reserve University (CWRU) in Cleveland, Ohio, has "beefed up security measures" after four students were robbed in one of the university's commons "in broad daylight" this past weekend. The CWRU online student handbook clearly "prohibits the possession of firearms" on campus. According to Cleveland.com, the students were studying in CWRU's Wade Commons around 4:30 in the afternoon, when "three men, with hooded sweatshirts tied around their face and red bandanas, came into the RedCats room, pulled out a silver handgun and demanded belongings." On June 10, a woman walking on campus in front of the business school building...
  • Documents Detail Heinous Crimes Committed by Gang Members in Nogales Processing Center

    07/19/2014 6:53:16 AM PDT · by RC one · 10 replies
    Townhall.com ^ | Jul 17, 2014 | Katie Pavlich
    Full Title: EXCLUSIVE: Documents Detail Heinous Crimes Committed by Gang Members Being Housed in Nogales Processing Center Late last week I reported 16 MS-13 gang members exploiting the unaccompanied minor crisis were being housed at a Border Patrol processing center in Nogales, Arizona. The gang members were discovered after graffiti was left on bathroom walls. Further investigation shows gang members from different criminal organizations were also discovered after a fight broke out between two rival MS-13 and 18th Street gang members in a shared holding cell. The gang members admitted in interviews with Border Patrol agents they had engaged in...
  • 'Honest mistake' leads to Philly mother facing three years on gun charge

    07/18/2014 4:31:38 PM PDT · by RC one · 42 replies
    Fox News ^ | July 16, 2014 | Joshua Rhett Miller
    A Philadelphia mother of two is facing three years in prison after she mistakenly entered New Jersey, where she was stopped for a traffic violation and found in possession of a handgun loaded with hollow-point bullets. Shaneen Allen, 27, was pulled over in New Jersey’s Atlantic County after making an unsafe lane change in the early morning hours of Oct. 1. Allen then told the officer that she had the .380 Bersa Thunder handgun, as well as a concealed carry permit for Pennsylvania, unaware that her permit was not transferable to The Garden State. “The gun charge was not proper...
  • We’re in the third biggest stock bubble in U.S. history

    07/17/2014 8:19:18 PM PDT · by RC one · 21 replies
    Market Watch ^ | July 17, 2014, 7:27 a.m. | Brett Arends's ROI
    1853, 1906, 1929, 1969, 1999 Pass the question around your office. Call your money manager and ask him or her, too. Post it on your office notice board. Give up? Those were the peaks of the five massive, generational stock-market bubbles in U.S. history. Investors who bought into stocks around those peaks ended up earning terrible returns over the subsequent 30 years. Forget “stocks for the long run.” They ended up with “stocks for a long face.” The bigger the bubble, the worse returns. And, according to a new research report, we are back there again. U.S. stocks are now...
  • Obama's real border issue: a heroin surge

    07/12/2014 6:54:45 AM PDT · by RC one · 11 replies
    Americans are misfocused on the surge of children crossing the US-Mexican border. The bigger border issue is the rapid rise of heroin trafficking, driven by young Americans switching from prescription painkillers.The big debate in Washington this summer is the surge of children from Central America crossing illegally into the United States. President Obama and Congress still seem far apart on a solution for this immigration crisis. But they may find it easier to agree on another surge across the US-Mexican border, one that is far more costly.Since 2008, the quantity of heroin seized along the border has jumped nearly fourfold....
  • Mexico, Guatemala fast-track delivery of illegals to U.S.

    07/11/2014 7:16:03 PM PDT · by RC one · 16 replies
    WND ^ | 7/11/14 | Jerome R. Corsi
    NEW YORK – Mexico and Guatemala have reached an agreement that is intended to make it easier and safer for Central Americans, including unaccompanied minors, to enter the United States illegally. The agreement apparently does not recognize that the result of such trips – entry into the United States – remains illegal. Under the auspices of a “Southern Border Program,” Mexican President Enrique Peña Nieto and Guatemalan President Otto Pérez, in a meeting in Mexico, agreed to take five concrete steps designed to “protect and safeguard the human rights of migrants who enter and transit Mexico, so as to order...
  • Rep. Sensenbrenner: Abolish the ATF

    07/11/2014 4:02:18 PM PDT · by RC one · 22 replies
    washington free beacon ^ | July 10, 2014 1:23 pm | washington free beacon staff
    <p>Citing ATF’s recent operational failures and its overlap with other federal law enforcement, Sensenbrenner is preparing a bill to dissolve the agency and have existing agencies in the U.S. Justice Department take on its duties.</p> <p>“By absorbing the ATF into existing law enforcement entities, we can preserve the areas where the ATF adds value for substantially less taxpayer money,” Sensenbrenner said. “While searching for its mission, the ATF has been plagued by decades of high-profile blunders. …We cannot afford to ignore clear changes that will greatly enhance the government’s efficiency.”</p>
  • Bloomberg’s gun group to start 2014 midterms strategy by surveying candidates

    07/06/2014 11:00:30 PM PDT · by RC one · 9 replies
    washington post ^ | July 6 at 9:46 PM | Philip Rucker
    The gun-control group founded by former New York mayor Michael R. Bloomberg (I) will begin surveying all federal candidates in the 2014 midterm elections on gun issues Monday as it tries to become a political counterweight to the National Rifle Association.This is the first big step by Bloomberg — who has committed to spending $50 million of his personal fortune this year to build a national grass-roots movement that will pressure lawmakers to pass more restrictive gun laws — to devise a political strategy heading into the November elections. Bloomberg’s group, Everytown for Gun Safety, is asking all Senate and...
  • Luis Gutierrez: Obama can ‘heal’ undocumented

    07/01/2014 6:46:07 PM PDT · by RC one · 24 replies
    politico ^ | | 7/1/14 8:24 AM | KENDALL BREITMAN
    Rep. Luis Gutiérrez said Tuesday that President Barack Obama has the power to “heal” undocumented immigrants.“If [Republicans] want to come back and discuss [reform], fine,” the Illinois Democrat said on MSNBC. “But in the interim period, I believe the president of the United States has already in statute, in the law, the ability to heal and put in a safe harbor millions of undocumented immigrants while the Congress of the United States finally decides it’s going to take action.”Read more: http://www.politico.com/story/2014/07/luis-gutierrez-obama-undocumented-immigrants-heal-108473.html#ixzz36GrvdlWe
  • Cutting off water to Detroit's poor 'an affront to human rights,' says UN

    06/29/2014 8:22:34 PM PDT · by RC one · 32 replies
    RT ^ | June 27, 2014 22:55
    Residents of Detroit, Michigan who are $150 or two months past-due on their water bills are having their water shut off by the bankrupt city. Now, even the United Nations has stepped in, saying Detroit is in violation of the human right to water.
  • Murder Suspects, Sex Offenders, and MS-13 Gangster Caught at Texas Border

    06/24/2014 9:59:35 PM PDT · by RC one · 16 replies
    Breitbart ^ | 24 Jun 2014, 10:52 AM PDT | Brandon Darby
    MCALLEN, Texas—In one weekend, the U.S. Border Patrol prevented murder suspects, multiple sex offenders, and an MS-13 gang member from entering the interior of Texas after they illegally entered into the U.S. from Mexico. The arrests occurred in the Rio Grande Valley sector, ground zero of the current border crisis. The murder suspect was caught approximately 85 miles from the border in Texas, near the town of Falfurrias. He is a Guatemalan who is wanted for alleged murder in the State of Florida. Another of the arrests occurred near McAllen, Texas as a man from El Salvador who crossed the...
  • Baltimore cop slits dogs throat, faces animal cruelty charges

    06/20/2014 12:35:24 AM PDT · by RC one · 36 replies
    New York Daily News ^ | Thursday, June 19, 2014, 10:04 AM | Michael Walsh
    A Baltimore cop allegedly slit the throat of a dog that officers had under control. Jeffrey Bolger, 49, was booked on felony animal cruelty charges Wednesday, his department said. "I'm going to (expletive) gut this thing," he said before killing the pup, according to charging documents. They are shocked by his actions. Police Deputy Commissioner Dean Palmere, who called the killing "outrageous and unacceptable," said the incident is under investigation. Nala's owner, Sarah Gossard, explained that her pet somehow escaped from her backyard that morning and was found by a nearby resident, Sandy Fleischer, a few blocks away. His colleagues...
  • Report: Michael Vick to wear No. 8 with Jets

    04/29/2014 10:01:22 PM PDT · by RC one · 10 replies
    CBSsports.com ^ | April 28, 2014 | Ryan Wilson
    Nothing's official yet, but it looks like Michael Vick will wear No. 8 with the New York Jets (apparently, it was down to No. 3 or No. 8). The former first-overall pick had donned No. 7 through the first 12 years of his NFL career with both the Falcons and Eagles (as well as at Virginia Tech, and high school before that), but with quarterback Geno Smith already wearing No. 7, Vick decided to pay homage to the team's last old southpaw signal caller, Mark Brunell.
  • PTR Industries aims to ship out 'Made in SC' guns

    03/21/2014 5:35:09 AM PDT · by RC one · 22 replies
    WMBFNews ^ | 3/20/14 | Stephanie Robusto
    AYNOR, SC (WMBF) - The gun plant is already manufacturing parts to be put together for the first shipment of guns to be stamped with "Made In Aynor, South Carolina." PTR Industries officially moved in to the empty building at the Cool Spring Business Park in Aynor in January. The Connecticut-based business is the first gun manufacturer to open in Horry County.For the first few weeks, crews assembled parts previously made in the old Connecticut plant. It was the easiest way to train new, local employees and keep production going while transitioning to the new plant in Aynor.Now, PTR Industries...
  • Was Malaysia Airlines flight MH370 hacked?

    03/16/2014 10:39:33 PM PDT · by RC one · 51 replies
    WTOP.com ^ | 3/14/2014, 1:53pm | J.J. Green
    WASHINGTON -- Evidence is surfacing that system failure in the cockpit of Malaysia Airlines flight MH370 may have caused the plane's disappearance and investigators are wondering if foul play may have been involved. Reports that two key communication and location systems on the Boeing 777 reportedly shutdown sequentially, while the plane continued to fly for hours, has granted credence to the possibility the plane's systems could have been physically sabotaged or electronically compromised. WTOP has learned that Boeing had been concerned about the possibility the plane's systems could be hacked and had previously contacted the Federal Aviation Administration.On August 21,...
  • Mother of Jordan Davis speaks out against Ohio 'stand your ground' bill

    03/16/2014 9:03:29 AM PDT · by RC one · 16 replies
    cleveland.com ^ | March 13, 2014 | Sam Howard, Northeast Ohio Media Group
    COLUMBUS, Ohio -- A bill featuring a "stand your ground" provision has been in a Senate committee since early last month, and opponents are calling for legislative leaders to not let it get any further.A coalition of legislators and activists gathered at the offices of liberal advocacy group ProgressOhio on Thursday to push for a moratorium on House Bill 203. The event centered on a speech from Lucia McBath, the mother of 17-year-old Jordan Davis, who was shot and killed at a Florida gas station in Nov. 2012 over an argument about loud music. McBath is also a spokeswoman for...
  • U.S. Navy to order 33 fewer F-35s than planned in next 5 yrs -source

    03/04/2014 6:31:58 PM PST · by RC one · 16 replies
    Reuters) - The U.S. Navy is set to order 33 fewer Lockheed Martin Corp F-35 fighter jets than originally planned over the five years starting in fiscal 2015 due to budgetary pressures, a defense official said Monday.In a move that will sharply slow work on the F-35 model built to land on aircraft carriers, the Navy will ask Congress to fund 36 F-35Cs instead of 69, said the official, who could not speak publicly ahead of Tuesday's release of the 2015 budget request. The Air Force is also deferring orders for four conventional landing F-35 A-models in fiscal 2015, but...
  • Deputies Shoot, Kill Man Armed with Guns Along Antelope Road

    03/03/2014 12:11:27 AM PST · by RC one · 38 replies
    Fox40.com ^ | 3/2/2014 | Sam Cohen
    Around 2:15 a.m., Sacramento County Sheriff’s deputies got several calls from people living near Antelope and Walerga Roads who heard gunshots. While deputies were on their way to check it out, they got more calls reporting a man walking near Antelope Road with a gun. The man, in his late 20s, was walking near Don Julio Boulevard with an assault rifle when deputies asked him to drop the weapon. According to the deputies, the man refused to drop the rifle, and pulled a second gun from inside his jacket, and pointed it at them. Both deputies shot at the man;...
  • CA GOP Gov Candidate: If You Want A Full Capacity Assault Rifle Magazine then Vote for Somebody Else

    02/24/2014 1:39:46 AM PST · by RC one · 42 replies
    Breitbart ^ | 22 Feb 2014 | AWR Hawkins
    Speaking to Sacramento State College Republicans on February 19th, GOP gubernatorial candidate Neel Kashkari said "a single issue voter" whose issue is "assault rifle" magazines needs to find another candidate to support. "I'm not your guy," said Kashkari. According to CalNewsRoom.com, Kashkari's entire comment went like this: "If you're a single issue voter and you just want someone to give you a full capacity assault rifle magazine, God bless you. You can go vote for somebody else. I'm not your guy." California Association of Federal Firearm Licensees president Brandon Combs responded: "California Republicans like Neel Kashkari can't seem to keep...
  • Obama: Stimulus Success Has Made Critics Eat Their Words

    02/18/2014 7:56:16 PM PST · by RC one · 34 replies
    Breitbart ^ | 18 Feb 2014, 3:45 PM PDT | Wynton Hall
    In a speech marking the five-year anniversary of his $831 billion economic stimulus plan, President Barack Obama said on Tuesday that his plan, passed one month into his presidency, succeeded and that his critics were proven wrong and "have had to eat those words."
  • Photos of bank robbery released-Miami Chase Bank robbed Monday

    02/18/2014 6:48:22 AM PST · by RC one · 9 replies
    local 10 news ^ | Feb 17 2014 06:09:51 PM EST | Dawn Brooks,
    MIAMI - The FBI has released photos from a bank robbery that took place Monday at the Chase Bank at 6800 Biscayne Blvd. in Miami at approximately 4:07 p.m. Police said the robber entered the bank, demanded an undisclosed amount of money from the employee and fled. No injuries were reported.Anyone with any information on this robbery is asked to call the Federal Bureau of Investigation at 305-944-9101.
  • Orchard Park bank robbery

    02/17/2014 4:16:45 AM PST · by RC one · 21 replies
    WIVB4.com ^ | Published: Sunday, February 16, 2014, 1:05 pm | By Sara Mullen
    ORCHARD PARK, NY (WIVB) Orchard Park police report that the Community Bank at 5 Clark St. was robbed by a lone individual believed to be a white female on Saturday morning. Police say the suspect is approximately 5’4”-5’6” tall, and last seen running from the bank east on Clark St. The perpetrator was wearing a dark colored hoodie, ski mask and sweat pants and made off with an undetermined amount of money. No weapons were displayed or threatened.
  • 16 House Republicans to Obama: Amnesty 'Final Economic Blow' for American Workers

    01/08/2014 10:18:24 PM PST · by RC one · 25 replies
    breitbart. ^ | 8 Jan 2014, 9:01 PM PDT | Matthew Boyle
    Sixteen House Republicans led by Rep. Mo Brooks (R-AL) are demanding President Barack Obama get unemployed Americans back to work before granting amnesty to illegal aliens or bringing unprecedented levels of new immigrants to take jobs away from American workers.“We write to you today on behalf of the 21 million Americans who can’t find a full time job,” the GOP members of the House wrote to President Obama Wednesday. We write to you on behalf of the 6 million young Americans who are neither working nor in school. We write on behalf of the countless American workers whose wages today...
  • The Latest: California is first state to ban lead ammunition to protect condors

    12/10/2013 12:06:47 PM PST · by RC one · 48 replies
    California condors were nearly extinct by the 1980s. Thanks to habitat loss, wanton shooting, egg collecting, and the scavenger's propensity for eating animal carcasses tainted by lead bullet fragments, fewer than 30 remained. After decades of captive breeding, about 200 condors now fly free in central California, Utah, Arizona and Mexico. But death by lead poisoning remains a significant threat, preventing condor populations from flourishing without human intervention ("Getting the lead out," HCN, 5/5/07)Followup On Oct. 11, California became the first state to ban lead ammunition for hunting, expanding a partial lead-ammo restriction in the bird's range. But the controversial...
  • Wind farms get extended leeway on eagle deaths

    12/07/2013 4:30:01 AM PST · by RC one · 15 replies
    LA Times ^ | 12/06/13 | Maria L. La Ganga
    Companies can now get a federal permit for up to 30 years allowing bald or golden eagles to be killed without penalty. SEATTLE — In a decision that highlights the clash between two cherished environmental goals — producing green energy and preserving protected wildlife — federal officials announced Friday that some wind power companies will be allowed to kill or injure bald and golden eagles for up to 30 years without penalty. Previous permits expired after 5 years. Conservation groups decried the Obama administration's new regulation as a "stunningly bad move" for wildlife, but wind industry officials said Friday that...
  • Obama: Republicans Must Be Embarrassed For Having Done So Little

    12/06/2013 10:03:16 AM PST · by RC one · 56 replies
    Republican lawmakers have to be embarrassed with how little they've accomplished in Congress, President Barack Obama said in an interview with MSNBC Hardball's Chris Matthews.In the interview which aired Thursday night, Obama said the only thing that's stopping Congress from passing a major immigration reform bill are House Republicans. He went on to say that Republicans are probably ashamed that they've accomplished so little over the past few years in Congress.
  • Feinstein and Rogers say terrorism threat to US is increasing

    12/02/2013 7:58:59 PM PST · by RC one · 25 replies
    the guardian ^ | Sunday 1 December 2013 12.56 EST
    The terrorism threat against the United States is increasing and Americans are not as safe as they were a year or two ago, the leaders of the House and Senate intelligence committees said on Sunday.Senator Dianne Feinstein and Representative Mike Rogers appeared together on CNN's State of the Union, on the day that al-Qaida's US spokesperson called for attacks on US interests around the world. Rogers said al-Qaida groups had changed their means of communication as a result of leaks about US surveillance programs, making it harder to detect potential plots in the early planning stages."We're fighting amongst ourselves here...
  • NY Fed: US Q3 Consumer Debt Posts Largest Increase Since 2008

    11/21/2013 9:12:02 AM PST · by RC one · 4 replies
    mni news ^ | 11/14/13 | Brai Odion-Esene
    --Consumer Debt Outstanding Jumps $127 Billion Q3 to $11.28 TrillionWASHINGTON (MNI) - U.S. households added to their debt burden in the third quarter of 2013 at the fastest pace in five years, with increases across all debt categories, the New York Federal Reserve Bank said Thursday.According to the Household Debt and Credit Report, household indebtedness increased to $11.28 trillion in the July-September period, a $127 billion jump over the second quarter. This after a $78 billion decline in the April-June period, and is the largest quarterly increase since the first three months of 2008 when household debt rose $165 billion.Still,...
  • Trouble Ahead For The Petrodollar?

    10/31/2013 5:22:08 PM PDT · by RC one · 19 replies
    October 24th, 2013
    The number one American export is U.S. dollars. It is paper currency that is backed up by absolutely nothing, but the rest of the world has been using it to trade with one another and so there is tremendous global demand for our dollars. The linchpin of this system is the petrodollar. For decades, if you have wanted to buy oil virtually anywhere in the world you have had to do so with U.S. dollars. But if one of the biggest oil exporters on the planet, such as Saudi Arabia, decided to start accepting other currencies as payment for oil,...
  • CIA spied on 7.8 billion Saudi calls

    10/27/2013 10:29:54 PM PDT · by RC one · 11 replies
    http://www.arabnews.com/news/469075 ^ | Monday 28 October 2013 | M. Ghazanfar Ali Khan
    As controversy continues to encircle the American surveillance program, Cryptome, the digital library host that was created by the US as a repository for secret documents and material revealed that the CIA spied on 7.8 billion calls in Saudi Arabia. The Cryptome report said that “Saudi Arabia was the target of espionage operations,” besides several other countries in the Middle East and Asia. Arab News could not reach officials at the Communications & Information Technology Commission of Saudi Arabia (CITC), the Kingdom’s regulatory authority, for official comment. However, a top-notch IT expert working for a major telecom operator, who identified...
  • US-Saudi relationship status: It's complicated

    10/26/2013 1:41:59 AM PDT · by RC one · 43 replies
    aljazeera ^ | 23 Oct 2013 | Mark LeVine
    After decades when the core components of US and Saudi strategic policies were more or less in sync, the United States is suddenly not playing by the Saudi playbook. It won't give the Syrian resistance a blank check; it is daring to consider softening its stance towards Iran; it has dared to criticise, however mildly, Bahrain's crackdown on the country's majority Shia population; and finally the Egyptian military's reassertion of its political primacy with the removal of President Mohamed Morsi this past summer.The US-Saudi relationship has never been just about oil; it's been about ensuring that the incredible capital that...
  • Obama to renew call for immigration reform

    10/24/2013 7:54:30 AM PDT · by RC one · 9 replies
    CNNPoliticsd ^ | 10/23/2013
    Washington (CNN) - President Barack Obama plans to urge Congress on Thursday to take back up comprehensive immigration reform. The White House says that Obama will make the announcement on Thursday (at 10:35 a.m.) The statement will be delivered in the White House East Room.Commonsense immigration is good for the country and it’s the right thing to do. It will grow the economy, reduce the deficit, and has broad support from both democrats and republicans, business and labor, as well as law enforcement and faith leaders,” a White House official said. “The President has made clear the key principles that...
  • O’Donnell: Obamacare Website Working Better Than F-22 Fighters

    10/21/2013 10:48:41 PM PDT · by RC one · 34 replies
    the washington Free Beacon ^ | October 21, 2013 11:01 pm
    MSNBC host Lawrence O’Donnell took excuse making for the Obama administration on healthcare.gov to a new level Monday on The Last Word.O’Donnell criticized Republicans for harping on Obamacare glitches while supporting the over budget F-22 program which he claimed has never flown in a combat missionAt the conclusion of his predictably trollish, nonsensical comparison O’Donnell smugly concluded at least the Obamacare website is working better than an F-22: LAWRENCE O’DONNELL: None of the Republican cheer leaders for the sink hole of government waste that the F-22 is mentioned any of the Defense Department’s massive failures in the attacks on the...
  • China aiming for 'de-Americanised world’ with renminbi replacing dollar

    10/20/2013 9:59:36 PM PDT · by RC one · 10 replies
    the telegraph ^ | 9:02PM BST 20 Oct 2013 | Andrew Critchlow
    China has overtaken the US as the world’s largest oil importer and goods trading nation. Over the next five years, it will surpass the rest of the world combined in its consumption of base metals. Given the scale of the country’s consumption of fossil fuels and raw materials, it is only a matter of time before the renminbi replaces the dollar as the primary currency for trading commodities and resources such as crude oil and iron ore The debt ceiling farce in Washington and China’s growing reluctance to continue underwriting the US economy by buying up its bonds and adding...
  • Dollar hits 8-1/2-month low on worries about U.S. economy

    10/18/2013 6:11:04 PM PDT · by RC one · 36 replies
    Reuters ^ | Fri Oct 18, 2013 4:30pm | Gertrude Chavez-Dreyfuss and Nick Olivari
    (Reuters) - The dollar fell to eight-and-a-half-month lows against the euro and a currency basket on Friday on expectations the Federal Reserve will delay scaling back its monetary stimulus following this month's political battles over the U.S. budget.Volume was thin as investors braced for a deluge of U.S. economic data next week now that the U.S. government was open following a two-week shutdown. The September nonfarm payrolls report is due on Tuesday.The first wave of U.S. data released on Thursday after the government returned to work was fairly upbeat. September U.S. payrolls are due next week, with the market forecasting...
  • China Just Downgraded America

    10/18/2013 5:50:34 PM PDT · by RC one · 31 replies
    business Insider ^ | Oct. 17, 2013, 6:51 AM
    China's credit rating agency Dagong has downgraded the U.S. rating from A to A-. "The fundamental situation that the debt growth rate significantly outpaces that of fiscal income and GDP remains unchanged," they warned after President Obama signed a deal to end the government shutdown and raise the debt ceiling."For a long time the U.S. government maintains its solvency by repaying its old debts through raising new debts, which constantly aggravates the vulnerability of the federal government’s solvency. Hence the government is still approaching the verge of default crisis, a situation that cannot be substantially alleviated in the foreseeable future."Dagong...
  • Is the ‘new reserve currency’ that China is proposing also backed by gold?

    10/16/2013 3:12:06 AM PDT · by RC one · 9 replies
    Over the weekend a very interesting op-ed appeared out of the Xinhua news agency. Before we get going let’s just remind ourselves just who Xinhua is – from wiki:The Xinhua News Agency (/ˈʃiːnhwɑː/;[1]) is the official press agency of the People’s Republic of China and the biggest center for collecting information and press conferences in China. It is the largest news agency in China, ahead of the China News Service. Xinhua is subordinate to the State Council and reports to the Communist Party of China’s Propaganda and Public Information Departments. Xinhua’s headquarters complex, the “pencil building”, is at No. 57...
  • U.S. Adds Two Times More Debt than Economic Output in Last 2 Years

    10/12/2013 3:14:34 AM PDT · by RC one · 6 replies
    the weeklyStandard ^ | 8:29 AM, Oct 9, 2013 | By DANIEL HALPER
    The Republican side of the Senate Budget Committee has put together this chart to show that U.S. has added two times more debt than economic output in the last two years:"President Obama said that increasing the debt limit does not increase the debt," the minority side of the Senate Budget Committee says in a statement. "But when the Treasury department started using so-called extraordinary measures to avoid a breach of the debt ceiling in May, 2011, the debt limit stood at $14,294 billion. "Today it stands at $16,699 billion, which was reached when Treasury started using extraordinary measures in May...
  • Saudis bankroll new rebel force to fight own war on Assad

    10/11/2013 12:01:16 AM PDT · by RC one · 4 replies
    UPI ^ | 10/08/2013
    BEIRUT, Lebanon, Oct. 8 (UPI) -- Saudi Arabia, exasperated with U.S. vacillation related to Syria's chemical arsenal and now its effort to reconcile with Iran, Riyadh's foremost adversary, is forging a new alliance of Islamist rebels in Syria under a pro-Saudi warlord to supersede the U.S.-backed Free Syrian Army. Riyadh also wants to foment an Iraq-style "Sunni Awakening" to unite Syria's majority sect to topple the minority Damascus regime of President Bashar Assad. Middle East analyst Michael Weiss, writing in the Beirut Web portal Now Lebanon, observed Riyadh has "taken substantive measures to circumvent Washington altogether on Syria by activating...
  • Shutdown Will Stop IRS Audits, But Not Obamacare Exchanges

    10/01/2013 10:54:12 PM PDT · by RC one · 1 replies
    Forbes ^ | 9/30/2013 | Jeremy Scott,
    The House and Senate are on pace for a government shutdown. After the Senate rejected language in the House-passed bill that would have defunded Obamacare, the lower chamber met over the weekend. The result was a continuing resolution that would scrap the medical device excise tax and delay Obamacare for one year. In response, Senate Majority Leader Harry Reid pledged to oppose the House measure. There seems almost no chance that a compromise will be reached by the deadline, so some government operations are expected to cease. That includes all IRS exam functions, according to the IRS’s shutdown plan, which...