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Federal Housing "Plan" Will Tax Internet Sales, Require Fingerprinting of Lenders, Spill MORE $ Into Market

Gard today will explore this incredible attack on private enterprise.

He'll also cover the FCC "permission" for XM and Sirrius to merge -- as long as they pay 19 million Dollars for "Compliance" fines. Nothing like freedom of contract, huh...

Oh, and here is some information on the new unemployment figures. Enjoy! (The piece does not mention that the unemployment claims numbers went up the fastest in three years)
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WASHINGTON (Thomson Financial) - The number of individuals filing new claims for unemployment insurance rose to its highest level in nearly four months, while the number of individuals continuing to file claims for unemployment fell slightly in the latest survey week, the Labor Department said today.

The number of first-time claims filed in the week ending July 19 rose by 34,000 to 406,000, the highest level since March 29. Economists polled by Thomson Reuters IFR Markets were expecting only 375,000 claims in the week.

Initial jobless claims have experienced a fair amount of volatility over the last few weeks due in large part to seasonal adjustment factors. The first two weeks in July are typically marked by high levels of unemployment claims related to annual retooling in the auto sector and other industries, Labor officials said.

Labor officials said they saw the full amount of claims expected in this period, but not exactly in the sequence they anticipated. Officials instead point to the four week moving average, which they say is a better indicator of labor market conditions in this report. In the latest week, the four week moving average rose by 4,500 to 382,500.

New from the Conspiracy...New from the Conspiracy...

  • A little something to highlight the classy mentality and ethics of people who would tell you how to live your life! Can't help but laugh uncomfortably even as one sees how troubling it must be for his wife and kids. Yes, the class act of Edwards is hard at work, while his wife battles cancer. http://www.nationalenquirer.com/sen_john_edwards_caught_with_mistress_and_love_child_in_la_hotel/celebrity/65193
  • Anyone surprised? http://biz.yahoo.com/ap/080722/fannie_freddie_cost.html?.v=2
  • As Conspirators know, El G Grande has been very outspoken about the anti-Constitutional manner in which the military operations in Iraq and Afghanistan have been conducted. Without a Declaration of War by Congress, the combatants captured on the battlefield have to be tried under US Code. Since this process would mean affording the "detainees" habeas corpus hearings (as is required under the US Constitution, unless Congress universally lifts the Writ, citing a time of insurrection), the Bush Administration attempted to try them in their "Military Commissions".
  • As Gard discussed yesterday, the Securities and Exchange Commission (something most of the Founders would have thought repugnant) is "investigating" brokers and financial advisers who "spread rumors" about the flimsy bottom lines of lending, investment and savings institutions. Supposedly, this is being done to quell reckless profiteering by the rumor-mongerers, who "place financial institutions in jeopardy" with their lies.
  • As this piece from MSNBC illustrates, John McCain is very much in favor of continuing the anti-constitutional approach. He wants to continue regulating political speech (if only Sam Adams could hear that), while increasing regulations on energy producers and consumers. Soo, if you're a consumer or supplier and you don't like it? Try speaking out against it 60 days prior to an election. Ahh, freedom... Check it out, Strongbad! http://www.msnbc.msn.com/id/25658861
  • There's nothing like adding insult to injury. In the case of the energy needs of American consumers, the high prices caused by federal devaluation of the Dollar, ethanol requirements and restrictions on exploration and refining have been combined with the fact that the federal government owns land it is not supposed to own, like, oh, this parcel in Michigan... http://news.yahoo.com/s/ap/20080712/ap_on_re_us/gas_drilling
  • Wow, just when you thought they couldn't say anything DUMBER, the politicians prove ye wrong! Check out the blather from the fascists and socialists in DC regarding the unconstitutionally created Fannie Mae and Fredie Mac! How about we let them FAIL, clear the housing and business markets they've artificially inflated, and let the market work to then utilize the worthwhile ventures in a profitable way -- a way GUBMENT has no incentive to explore! Here's the piece! http://www.bloomberg.com/apps/news?pid=20601087&sid=avnMyKESZ2qk&refer=worldwide
  • Join El G Grande today, as Rand Paul is welcomed. Rand will discuss important topics that are often overlooked in the Presidential campaigns -- things such as, oh, the CONSTITUTION and FREEDOM, the dangers of central banking, and runaway government spending. Be like Strongbad, and "check it out", today at 1 pm, and prepare, grab friends, and head to Washington DC on Saturday, for the huge freedom march scheduled there! Here is more information: http://www.dailypaul.com/ http://mobiusinformer.wordpress.com/2008/06/28/ron-paul-revolution-to-march-on-washington-july-12/
  • As you read this, see if you can tell Mr. Bernanke about "opportunity costs". Remind him that the moment someone's money is taken from him against his will, he begins losing opportunities to utilize that liquidity in the way HE prefers, and is, instead, forced to see his cash go into ventures he would not have chosen. It's called a LOSS, Mr. Bernanke. Get it? Jeesh. This guy is bad news, cats! http://www.msnbc.msn.com/id/25582478

In the Granite State...In the Granite State...

We'll have more local content shortly...

Video from the Conspiracy

Against the Grain - 6-27-08 - John Stossel and El G, in Praise of Speculators!

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Against the Grain - 6-26-08 Heller, Rights, n' Guns - Glenn Jacobs on the Court, TSA Fascism - Wayne Allen Root Pushes for VP

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Against the Grain - 6-13-08 Gitmo, Habeas

On June 13, Gardner Goldsmith explored more of the implications of the Boumediene case recently decided by the US Supreme Court. Check it out!