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It is somewhat interesting that one of Cruz's alleged mistresses is the one who broke the Carson lie on the day of the Iowa primary and is also the one proudly promoting the blackballing of Trump supporters. She is a campaign operative.....

Sen. Ted Cruz (R-TX) launched a national petition on Thursday to stop the Senate Gang of Eight's amnesty bill and send Washington a "strong signal" of the grassroots opposition to the bill. Cruz urged supporters to share the petition with friends and to "act now--without delay--to help us defeat amnesty and stand for legal immigration!"

When in April the US government reported a surplus of $112.9 billion (thanks to tax collections, Fed and GSE remittances) - the largest surplus since April 2008, many wondered if DC's profligate ways were over, and if maybe the so-called US austerity was staring to kick in. It wasn't. Because as the just released May data showed, not only did the US go right back to its deficit ways, posting a negative surplus of $138.7 billion, the largest May deficit since 2009, but the amount the US government spent, a total of $335.9 billion, was the largest May outlay in...

Remember when the last time a cluster of Hindenburg Omens nearly toppled the market in August 2010 and the only saving grace was Ben Bernanke's QE2 announcement at Jackson Hole which sent risk soaring? Today, nearly three years later, we got the first instance of the Omen again. Will it be a one-off fluke, or a cluster, which is needed to confirm this dreaded technical formation? Stay tuned in the coming days to find out... The last cluster was Aug 2010 (and was only saved by Bernanke), the previous cluster was Oct 2007 and we know what followed... (red bars...

This was printed in the January 29, 2013 edition of the Carteret County New-Times in N.C. The publication later prefaced the online version to read: The following Letter to the Editor, published in the Jan. 23 edition, has gone viral on the Web after a reader linked it to a Fox News Facebook page. It has received more than 4,000 comments and has been shared more than 12,000 times the [the following week].

The coolest thing I've seen in quite a while: Link Here

Tax policy really tells you a lot about a government... what politicians’ values and priorities are. People can SAY anything, but in a way, tax policy is putting their money where their mouths are. For example, politicians like to talk about technology, efficiency and transparency. But just take a look at the tax code to see where they really stand. Estonia’s Taxation Act of 2002, which form the preponderance of that country’s tax code, is 43,370 words. In Canada, the tax code is close to 1 million words. And in the US, the tax code is so daunting that simply...

A very important article came out from the Wall Street Journal yesterday titled “FHA Nears Need for Taxpayer Funds,” and it outlines the serious financial problems facing the Federal Housing Administration. For those that are unaware or need a refresher, the FHA has been the key element to the phony “housing recovery” the government has been trying to create. In the wake of the collapse of 2008, Fannie Mae and Freddie Mac blew up and what was left to pick up the pieces was the FHA. No private player would issue loans with down payments of 3%, but this was...

While last night was a bitter disappointment, it did hold a glimmer of accomplishment for those of us in the Natural State. We were able, for the first time since reconstruction, to claim a solid majority in the state house and Senate. Yes, after over 130 years of Dems we have now taken control. We also have sent a full Republican (and mightily Conservative) contingent to the US Congress, with the exception of one Blue Dog holdout who we will get in two years. We have turned the state.

He is showing Romney with KY and IN. O with VT.

RealtyTrac, which advertises itself as the “leading online marketplace of foreclosure properties,” released its Foreclosure Market Report for September and Q3 2012 on Oct. 11. In the report, RealtyTrac reported that foreclosure activity dropped to a 5-year low in September. This week, President Obama’s campaign officials and surrogates adopted the report as a new talking point. On MSNBC, Obama Deputy Campaign Manager Stephanie Cutter credited Obama with producing “the lowest foreclosure rate in the last five years.” Obama surrogate Jennifer Granholm and campaign press secretary Jen Psaki used the same talking point over the past week. However, the campaign and...

Against a deflationary environment of austerity-driven wage and pension cuts combined with rising unemployment; food, commodity, and fuel prices continue to surge in Greece. The government has taken an unusual step - allowing the sale of expired food at lower prices. As Voz Populi reports, this act means the government has 'virtually admitted their inability to control prices" as the worst aspects of stagflation crush the Hellenic Republic. The regulation (allowing from one-week to one-month extensions of foods for sale post their eat-before-this-day-or-you'll-get-Salmonella date) has existed for many years, according to a ministerial decree and this action merely states that...

For all intents and purposes, there have been two US Presidents thus far in the 21st century - George Bush (the younger) and Barack Obama. If we take Mr Bush’s two terms to cover fiscal 2001 to fiscal 2008, the total rise in official Treasury funded debt over that period was $US 4.350 TRILLION. If we take Mr Obama’s first term to cover fiscal 2009 to fiscal 2012, the rise over four years was $US 6.050 TRILLION. Add the two together and you get a grand total of $US 10.4 TRILLION. That’s almost two thirds (65 percent) of the total...

Videographer James O’Keefe’s Project Veritas caught an official for President Barack Obama’s re-election campaign helping who she thought was an Obama supporter set herself up to vote more than once in November. Stephanie Caballero is the regional field director for Obama’s Organizing For America in Houston, Texas. Federal Election Commission documents show, according to Project Veritas, that Caballero is a “salaried employee of the DNC [Democratic National Committee].” Caballero is caught on camera helping the young woman try to vote in Florida and Texas in the upcoming election. [snip] “We visited Organizing For America voter registration tables around New York...

As we have been saying for over a year now, there are two key issues (one of which follows logically from the other) that central bankers are banging their heads against: the increasing scarcity of money good-assets, i.e., credible collateral, that can be pledged in exchange for debt at both the private and public level, and the collapsing cash flows at the corporate and household level (both incidentally direct artifacts of ubiquitous central planning and central banker intervention). This, among various other reasons chief among which is the parallel collapse in CapEx and R&D spending at the corporate level, is...

We've written plenty about how the US government has been quite aggressive in spying on Americans. It has been helped along by a court system that doesn't seem particularly concerned about the 4th Amendment and by the growing ability of private companies to have our data and to then share it with the government at will. Either way, in a radio interview, Wall Street Journal reporter Julia Angwin (who's been one of the best at covering the surveillance state in the US) made a simple observation that puts much of this into context: the US surveillance regime has more data...

Instead of paying for their lunches with crumpled dollar bills and loose change, students in Carroll County schools are having their palms scanned in a new check-out system — raising concerns from some parents that their children's privacy is being violated. The county is one of the first localities in Maryland to use the PalmSecure system, in which children from kindergarten to 12th grade place their hands above an infrared scanner. It identifies unique palm and vein patterns, and converts the image into an encrypted numeric algorithm that records a sale.

SAN FRANCISCO (AP) - Lawyers overseeing the terms of a settlement stemming from a decade-old Oakland police corruption scandal filed a motion Thursday requesting that the federal government take over the embattled department. Attorneys John Burris and Jim Chanin filed the motion in U.S. District Court in San Francisco asking Judge Thelton Henderson for a federal receiver to oversee the department.

Debkafile reveals one of the CIA's most dramatic scoops in many years, and epic disaster for Iran. Our most exclusive Iranian and intelligence sources disclose that President Mahmoud Ahmadinejad's personal cameraman, Hassan Golkhanban, who defected from his UN entourage in New York on Oct. 1, brought with him an intelligence treasure trove of up-to-date photographs and videos of top Iranian leaders visiting their most sensitive and secret nuclear and missile sites. The cameraman, who is in his 40s, is staying at an undisclosed address, presumably a CIA safe house under close guard. He stayed behind when Ahmadinejad, after his UN...

September 30 was the last day of Fiscal 2012 for the US which explains why despite the barrage of debt issuance in the past month, the year closed with total debt of just $16.066 trillion, a modest increase of just $50 billion in the month. Luckily, moments ago we got the first DTS of the new fiscal year, which eliminated any residual confusion we had. As of the first day of FY 2013, total US debt soared by $93 billion overnight, and is now a record $16,159,487,013,300.35. One can see why Tim Geithner wants to push all the debt under...