Federal

Producer Prices SURGED in September

Just in case you had friends living under rocks, or friends working for the gubment, which is causing the prices to surge. Inflation is not caused by gasoline availability. Inflation is an increase in the money supply, which, in turn, causes a general increase in the prices of EVERYTHING. Depending on how quickly the banking institutions and other pals of the gubment that first get the money (from the Fed or the Treasury) then loan or hand it out, one could see steeply rising prices due to inflation, or a longer curve of rising prices. The speed at which the excess monetary units pass into the wider economic system is called "velocity" in economic parlance. IN this period of massive inflation, the "velocity" has been slow, due to banks not handing out as many loans.

Claims of Republican "Austerity" n' "2011 Cuts" Are False - US Spending up 5% in 9 Months

Great piece from Investors Business Daily. Please note, when IBD mentions the claims by politicians that these fictitious "cuts" are leading to another period of economic downturn, we need to remind readers that GDP has YET to get above 2008 levels, which means, in technical parlance, that the US economy has been in a Depression state, not a "double-dip recession". We've noted it in our audios, for example, our audio about Paul Krugman and aliens that was done about a month ago...

http://www.investors.com/NewsAndAnalysis/Article/588254/201110170805/The...

 

Be Seeing You!

New patent Filing Paves Way for Govt Cameras in CARS

Remember when we explained that if the public allows the gubment to insert itself in airports and demand that they either get groped or naked-scanned, the gubment could also stand on roads and demand that you submit to similar searches? The rationale would be the same (and based on faulty premises in both cases). The politicians would tell you that 'we run/manage/provide protection for the airways and the roads."

Well, a patent has just been filed by the company that handles the vast majority of EZ Pass transponders, and it aims to allow the gubment to see you anywhere and everywhere you drive.

http://redtape.msnbc.msn.com/_news/2011/10/13/8308841-govt-cameras-in-yo...

Be SEEING You.

The Solyndra Loan Controversy Grows - Feds Look Even WORSE...

Okay, so we know that it is literally immpossible for the state to make 'economically efficiant' or 'productive' decisions with other peoples' money -- because, again by definition, productivity and efficiency and value are subjective terms, determined by INDIVIDUALS. When someone else makes those decisions for you, that immediately eliminates the possibility of measuring the valuation of the decision. Sooo, we turn to Solyndra, which not only received halg a billion Dollars in loan guarantees from politicians using your money and the savings of your offsping (through deficit spending and inflation of the currency), it also saw a restructuring of that loan so that repayment would favor political friends of the current administration.

Secret US Panel Can Place Any American on Assassination List

Let's see. No Constitutional Declaration of War... No proper jurisprudential process for terror suspects. No Habeas Corpus Hearings. Continued CIA-sponsored torture. Fourth Amendment Broken in airports. Second Amendment regulated away for anyone flying (including those who work on planes). And now this.

http://www.reuters.com/article/2011/10/05/us-cia-killlist-idUSTRE79475C2...

Yet many Americans are perfectly comfortable with their growing police state.

Be Seeing You.

Walgreen's, Bank of America, Dick Durbin's Meddling: Politicians and Unintended Consequences

If you haven't heard about this yet, take a look at how an unconstitutional bit of political favoritism by Dick Durbin (to help one of his major contributors, "Walgreen's"), has led to a response by Bank of America (we're not huge fans of BoA either, especially since the bank got BILLIONS in tax money), which has harmed millions of people.

 

Here is the story, from FORBES:

 

http://www.forbes.com/sites/kellyphillipserb/2011/10/04/bank-of-america-...

 

Be Seeing You!

Federal Medical Fascism Heads to Supreme Court

One can never put a lot of faith in a bunch of government employees to rul on whether the GOVERNMENT is going too far, has overstepped its written bounds (which haven't been much like bounds, have they?)... But this challenge to the constitutionality of the individual mandate is at least entertaining.

 

The justices are only interested in whether is is Constitutional for Congress to force individual citizens to have to buy health insurance. Sadly, they never challenge the spurious notion that the Congress can FORCE insurance companies to cover certain people at rates that are untenable. They accept that nonsense and no pop media pundit will bother expanding the analysis to include it.

 

Even Those Cleared of Crimes Can Remain on US "Terror Watch List" - Be Blocked from Airlines, More...

Just remember, don't ever question why US military forces might be fighting unconstitutionnally, and don't mention anything like blow-back, 'cause that might prevent you from doing all sorts of things in the "Land of the Free". ;)

http://www.nytimes.com/2011/09/28/us/even-those-cleared-of-crimes-can-st...

Be Seeing You!

IMF Doesn't Have Enough Money for All It's Bailout Plans

This shell game keeps getting bigger and bigger, more convoluted and more dangerous, by the week!

http://www.telegraph.co.uk/finance/financialcrisis/8788223/Christine-Lag...

 

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US Administration's EPA Ready to Ban Over-the-Counter Asthma Inhalers

This is where the environmental fascists have taken us. While disregarding science that shows the Earth began a cooling trend in 1998, the politicians want to force people with asthma to no longer buy cheaper over-the-counter inhalers but to have to see DOCTORS AGAIN for PRESCRIPTIONS TO BUY MORE EXPENSIVE PRODUCTS.

No choice needed.

Ahh yes, the land of the "free".

And soon, these politicians will be dictating more medical decisions. Enjoy the future before it really arrives.

http://www.weeklystandard.com/blogs/obama-administration-ban-asthma-inha...

 

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Nobel Prize Winning Physicist Resigns Over Anthropogenic "Global Warming" Claims

There are thousands of scientists, from meterologists, to climatologists, to chemists and more who agree with this man.

http://www.foxnews.com/scitech/2011/09/14/nobel-prize-winning-physicist-...

 

Politics has been influencing science for years. The scientific method is no longer the standard for certain lines of inquiry. In fact, inquiry isn't even the correct term any more. It's propaganda in the guise of science.

 

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Foreclosure Activity Increases - Again, Is Anyone Surprised By This?

This should have happened a long time ago. Home prices were artifically pumped up by government policies like the Community Reinvestment Act, the Clinton Justice Department's strong-arming of banks to hand out loans, low fed rates, and the existence of Fanny Mae to buy up the shaky mortgage securities. The entire price structure for houses needs to be re-aligned, seeing prices drop to move closely reflect their value (too many were built, thanks to those policies mentioned earlier). Only THEn will they be priced at a level that might see investors buy them and find some use for them.

http://finance.yahoo.com/news/Mortgage-default-warnings-apf-157937671.ht...

 

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Consumer Prices Jump AGAIN in August - NO, REALLY?!

In the Glaringly Obvious Department, the federal gubment has come out with their artifically low numbers on what they call "inflation", and guess what? Yeah, it's rising rapidly. In other words, the inflation of the money supply that has already happened and continues to happen is now seeing its bitter fruits: HIGHER PRICES. And note, the CPI and core "inflation" index have been changed TWICE to remove certain things like food and gas prices, thus keeping the numbers lower than they would be if real.

http://finance.yahoo.com/news/Consumers-paid-more-on-wide-apf-87741826.h...

Be Seeing You!

In the "No DUH!" Department: TSA Co-Creator Says It Should Be Abolished, Privatized.

Rep Mica has FINALY learned a tiny lesson that is part of a greater understanding: DON'T CREATE THESE GOVERNMENT AGENCIES BECAUSE THEY NEVER STAY SMALL OR DO WHAT THEY WERE DESIGNED TO DO. DUUUUUUUUH!

Next, he might try to read the Constitution (you know, the document he swore to defend?) and he'd discover that the power to control airline security isn't in the thing. DUUUUUUUUUUUUUUUUUUUUH!

D

u

h

.

 

Here is the piece:

 

http://www.humanevents.com/article.php?id=46114

 

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Prez Proposes $300 Billion MORE in Spending and "Tax Cuts"

Of course, those "tax cuts" are really expansions of the EITC, the "Earned Income Tax Credit", which is the way they shovel money out to people who don't pay income taxes. It's a bit of a strange animal, since payroll taxes are the way the feds steal money for the bogus Social Security "Insurance" program, and you're supposed to be able to "get it back" when you get old and rusty. The trouble is that the EITC gives back MORE than what many recipients of the "credit" put into it, thus making it a redistribution of wealth scheme perpetrated through the tax code and tax "refunds" via the EITC.

Mr. Obama would like to increase the amount of redistribution, while INCREASING taxes on others to pay for it and for the other spending in his $300 Billion plan.

Big Sis Napolitano: "As TSAR I SAY: 'Your Privacy is SAFE!'" - Is She Correct?

Survey says, VAVOOM!

She's not only wrong, she's intentionally deceiving people.  In other words, she's LYING.

Here is her claim, covered by Politico:

http://www.politico.com/blogs/joshgerstein/0911/Janet_Napolitano_Drudge_...

Here are the facts, collected in a few hours (ie, it was EASY to refute her) by Prison Planet:

http://www.infowars.com/10-facts-that-prove-big-sis-is-wrong-drudge-is-r...

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