Friday, September 28, 2012
It hasn’t even been a month yet since the Fed made their QE3 announcement, but Paul’s Austrian-based analysis would suggest that it will only continue to make things worse. By further devaluing the dollar, buying up near-worthless debt, and keeping interest rates near zero, the Fed is sending terrible signals to the economy while simultaneously not allowing the debt and malinvestment to be liquidated. Without this necessary correction, true economic production and growth can not be achieved. Paul’s recommendation of a “strong dollar and market interest rates” is once again being unheeded.
What's the definition of insanity again?
Thursday, September 27, 2012
Wednesday, September 26, 2012
Tuesday, September 25, 2012
If it’s between Obama and Romney, there isn’t all that much difference except for the crowd that they bring with them.
Says George Soros. I agree but I don't look at it as a positive...
Monday, September 24, 2012
Friday, September 21, 2012
Thursday, September 20, 2012
Wednesday, September 19, 2012
Tuesday, September 18, 2012
So Obama signs the NDAA into law but talks about how he opposes this particular provision. But later he sues to keep the provision in place? And people believe anything this man says?
Monday, September 17, 2012
The February/March 1991 issue of TurboPlay. This was a TurboGrafx-16/Turbo Duo/Turbo CD specific magazine by the editors of VideoGames & Computer Entertainment.
Ron Paul's introduction at the 3rd Annual Liberty Summit at the Rosen Centre Hotel in Orlando, FL.
How QE3 Will Make The Wealthy Even Wealthier While Causing Living Standards To Fall For The Rest Of Us
The money for QE3 is being created out of thin air and this round of quantitative easing is going to be “open-ended” which means that the Federal Reserve is going to keep doing it for as long as they feel like it. But is this really good for the average American on the street? No way.
Because this is open ended, it's more like QE infinity... Yay!
Friday, September 14, 2012
Advertisement for Sinistron and Tricky Kick for the TurboGrafx-16 from the February/March 1991 issue of TurboPlay
“No one is surprised by the Fed’s action today to inject even more money into the economy through additional asset purchases. The Fed’s only solution for every problem is to print more money and provide more liquidity. Mr. Bernanke and Fed governors appear not to understand that our current economic malaise resulted directly because of the excessive credit the Fed already pumped into the system.
“For all of its vaunted policy tools, the Fed now finds itself repeating the same basic action over and over in an attempt to prime the economy with more debt and credit. But this latest decision to provide more quantitative easing will only prolong our economic stagnation, corrupt market signals, and encourage even more misallocation and malinvestment of resources. Rather than stimulating a real recovery by focusing on a strong dollar and market interest rates, the Fed’s announcement today shows a disastrous detachment from reality on the part of our central bank. Any further quantitative easing from the Fed, in whatever form, will only make our next economic crash that much more serious.”
Thursday, September 13, 2012
They argued that the phrasing of the law, which allows for the detention of anyone who has “substantially supported al-Qaeda, the Taliban, or associated forces that are engaged in hostilities against the United States or its coalition partners,” is so broad that in infringes on their own first-amendment rights.
Judge Katherine Forrest, a recent Obama appointee to the federal bench, was clearly sympathetic, and granted a preliminary injunction of the offending sections of the law.
Wednesday, September 12, 2012
Does stringent security make the Sept. 11 memorial safer—or a hassle to visit and an infringement on our civil liberties?
Eleven years after 9/11 and a year after the memorial opened, it’s time for a freedom-loving people to consider the purpose and impact of such security measures. Let’s ask the experts—and ourselves—three questions. Is enhanced security necessary at the memorial? Are the specific measures in place likely to be effective? And what is their cost to a free society?
The terrorists attack us "for our freedom" yet every day we are less free. At least I still have the freedom not to go...for now.
Tuesday, September 11, 2012
Monday, September 10, 2012
Friday, September 7, 2012
Thursday, September 6, 2012
But an informed citizenry should insist on a proper accounting of the costs of those policies, as well—not just the losses put on the taxpayers’ tab (right now taxpayers’ “investment” in GM is $27 billion, but the public’s 500 million shares of GM stock is worth only $10 billion), but the unseen costs.
Sure some jobs were preserved in some locations, but what about the less visible consequences and ripple effects? What isn’t so easily seen, but is every bit as important to assessing the auto interventions is the effects on the other auto companies and their workers (i.e., the majority of the U.S. auto industry).
Wednesday, September 5, 2012
Paul’s plan, which he calls “The Technology Revolution,” would ban the government from regulating the Internet in any way. But Dodd, who now works as Hollywood’s top lobbyist, cautioned that such a system would make it impossible to protect creative property, including films.
“It’s dangerous,” he continued. “It would be dangerous for the Internet.”
First of all, it would in no way be "dangerous" for the internet. Second, copyright infringement should be a civil matter, not one that Hollywood lobbies our government to spend tax dollars on.