Written by: Ron Paul
Our country currently finds itself in the midst of the worst economic crisis since the 1930s and, as during all economic crises, people search for the answer as to why this has happened. Not only have large financial firms been affected, but also mainstays of American industry such as GM and Chrysler, all the way down to the Mom & Pop stores on Main Street. The easy way out is to blame the traditional scapegoats: foreign governments, fraudulent businessmen, and greedy speculators. But the real villain is far more sinister; the organization entrusted with maintaining a stable dollar and touted as the guarantor of economic stability – the Federal Reserve. Read the rest of this entry »
Archive for July 10th, 2009
Jul
10
2009
Democrats sweating the small stuffPosted by Sophist in Business News, Financial, Political, tags: * Barack Obama, * Democrats, * Rahm Emanuel, * Robert Gates, * Supermajority Read more: http://www.politico.com/news/stories/0709/24723.html#ixzz0KskTtkpp&CBy DAVID ROGERS | 7/9/09 4:24 AM EDT For a party that wants to dream big, Democrats keep tripping over the small stuff. This summer’s agenda is historic: health care, climate change, financial regulatory reform. So why can’t the White House — with a 60-vote majority in the Senate — win a simple fight over a $12 million bus security program targeted for termination? Read the rest of this entry »
Jul
10
2009
‘Put nothing in writing,’ Browner told auto execs on secret White House CAFE talks; Sensenbrenner wants investigationPosted by Sophist in Business News, Financial, PoliticalBy: Mark Tapscott Editorial Page Editor 07/08/09 5:52 PM EDT Carol Browner, former Clinton administration EPA head and current Obama White House climate czar, instructed auto industry execs “to put nothing in writing, ever” regarding secret negotiations she orchestrated regarding a deal to increase federal Corporate Average Fuel Economy (CAFE) standards. Rep. James Sensenbrenner, R-WI, is demanding a congressional investigation of Browner’s conduct in the CAFE talks, saying in a letter to Rep. Henry Waxman, D-CA, that Browner “intended to leave little or no documentation of the deliberations that lead to stringent new CAFE standards.” Read the rest of this entry » Dan Gainor Let’s take a lesson from history — One major victory and Obama’s momentum runs out of gas. Nearly 200 years ago, emperor Napoleon came back from exile and re-conquered France without firing a shot. His conquest of Europe failed when Napoleon, in proper English terms, was soundly thrashed at Waterloo by the Duke of Wellington. Read the rest of this entry » LAW OF THE LAND In an astonishing admission, U.S. Supreme Court Justice Ruth Bader Ginsburg says she was under the impression that legalizing abortion with the 1973 Roe. v. Wade case would eliminate undesirable members of the populace, or as she put it “populations that we don’t want to have too many of.” Read the rest of this entry »
Jul
10
2009
North Carolina Unemployment To Hit 13 PercentPosted by JamesB in Commentary, Political, tags: Raleigh, Tax, UnemploymentMike Walden, and economist at North Carolina State University, has predicted unemployment in NC will hit 13% by March of 2010. As we posted here North Carolina topped 11.1% in May which is the highest level in 30 years. Walden went on to state the highest levels will be in the Triad and Charlotte with Raleigh being the lowest. You know Raleigh right. that little town where they keep all the taxes.
Jul
10
2009
North Carolina To Get $22 Million For HomelessnessPosted by JamesB in Commentary, Political, tags: Raleigh, Stimulas, TaxHUD Secretary Shaun Donovan announced Thursday that cash from the Recovery Act will be distributed to more than 500 cities, counties and communities. The money will be used for rent relief, housing relocation and stabilization services, data collection and administrative costs. “This program serves as a bridge to long-term stability for those who, without assistance, would be homeless,” Donovan said on a conference call with reporters. Read the rest of this entry » |


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