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Yearly Archives: 2013
Europe Opens $80 Trillion Shadow Banking Pandora’s Box: Will Seek To Collapse Repo “Collateral Chains”
In what may be the most important story of the day, or maybe year, for a world in which there already is an $11 trillion shortfall in high-quality collateral (and declining every day courtesy of Ben’s monetization of Treasury paper) so needed … Continue reading
Where Should We Focus Our Attention?
The administration and media direct our attention (and efforts) to minimize our efforts to maintain Liberty and the rule of law. A good example is the IRS scandal which is diverting attention from Benghazi. Regardless of this misdirection, we should at … Continue reading
Doomsday investors betting on market crash
Universa Investments, which spends hundreds of millions of dollars a year buying crash protection, has attracted a record amount of money into its fund this quarter. “People are starting to recognize that these market moves are unnatural and distorted,” said … Continue reading
DA will not prosecute man arrested under New York’s SAFE Act
More… h/t Matt Bracken
What Happens When the Welfare State Meets Radical Islam?
Sweden has long been known as a Socialist welfare state which even attempted to limit the fat intake of their people through taxes. The tax was repealed after people went out of the country to buy butter and ice cream. … Continue reading
Posted in Civil Unrest, Editorial, Immigration, Radical Islam
Tagged Muslim, Riots, Sweden
3 Comments
Gohmert: We need to ‘dismantle’ the IRS
Texas Republican Rep. Louie Gohmert told PJ Media that Congress should begin “dismantling the IRS” in response to the agency targeting conservative groups seeking tax-exempt status with additional requirements. Gohmert, a member of the House Judiciary Committee, also said a … Continue reading
FOUR SIGNS THAT WE’RE BACK IN DANGEROUS BUBBLE TERRITORY
SIGN #1: JUNK BOND PRICES AT RECORD HIGHS The Fed, et al., have been buying up all of the ‘safe’ bonds, with the twin intents of driving down interest rates and chasing investors into riskier assets. With lower yields comes … Continue reading
Obama Admin. Does ‘Reich’ Thing by Deporting Religious Refugees
From YouTube: Trifecta discusses a family that fled Germany because of the European nation’s anti-homeschooling laws. This evangelical family is now forced to comply with Nazi era educational laws that run contrary to their Christian faith. In deporting the family, … Continue reading
Posted in Editorial, Education
Tagged Bill Whittle, Home School, Obama, Scott Ott, Steve Green
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Bill Whittle: Real People
From YouTube: Bill Whittle shows you an iconic image of a rainy day when a U.S. Marine held an umbrella over the head of President Obama. Is this photograph a metaphor for President Obama’s actions in Benghazi and his Administration’s … Continue reading
In London as in Boston, terrorist-killers were known to security services
The two Islamist terrorists who hacked a British soldier to death on a London street Wednesday, May 22, chanting Allahu Akbar, were born in Britain of Nigerian descent and known to British security authorities. Motivated by revenge for Muslim deaths … Continue reading
Would the Obama Administration kill for power?
WRITTEN BY: BOB OWENS - MAY• 23•13 On its face it seems like such a laughable question, doesn’t it? Surely, no Republic would ever a elect a tyrant willing to shed the blood of it’s citizens for power. And yet we know … Continue reading
Remember Kent State…
The Kent State massacre – when government troops loaded their rifles, affixed their bayonets, and charged a crowd of unarmed protesters, ultimately firing into that crowd killing 4 students and injuring 9 others. No one was charged with a crime … Continue reading
Posted in Editorial
8 Comments
Delinquent Student Loans Hit Record, 30% Of 20-24 Year Olds Are Unemployed And Not In School
Almost a year ago we shared a calculation according to which “Over $120 Billion In Federal Student Loans In Default“, suggesting that the next credit crisis has already arrived. Since then the topic of the student loan bubble has become … Continue reading
US Treasury secretary says he has begun tapping federal retiree pension fund to avoid default
Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt. In a letter to … Continue reading
NC House Finance committee chair resigns, blames Speaker
RALEIGH, N.C. —A chairman of the state House Finance Committee says he’s stepping down over displeasure with decisions of the Republican-led legislature and mistreatment from Speaker Thom Tillis. Rep. Robert Brawley of Mooresville issued a resignation letter Wednesday on the … Continue reading
Obama Administration Now Favors Muslim Clerics for Christian American Military Burial Services
Christian chaplains are being subjected to punishment by Obama’s accomplices and rejected in favor of the terrorism of Islam. Just a couple of weeks ago my column spoke of how Christianity is in serious decline in our White House to Obama’s preferred … Continue reading
In The Land Of Gun Control … or … Why I Carry
Blood on his hands, hatred in his eyes: 2.30pm on a suburban high street, Islamic fanatics wielding meat cleavers butcher a British soldier, taking their war on the West to a new level of horror Two men repeatedly stab and … Continue reading
Posted in Editorial
4 Comments
Reps. Jordan and Issa – IRS Hearings
Reps. Jordan and Issa continue their questioning of Neal Wolin (Deputy Treasury Secretary) at the IRS Hearings on May 22, 2013.
Japanese Bond Market Halted At Open As Selling Purge Goes Airborne
Japanese government bonds (JGB) futures have been halted once again this evening as the market opens down over 1 point. 10Y yields smash 11.5bps higher to 1.00% and 5Y yields add 6bps to 47bps. These are quite simply unprecedented moves … Continue reading
Rep. Jason Chaffetz – IRS Hearings
Rep. Chaffetz questions Douglas Shulman concerning the IRS investigation of patriot groups. May 22, 2013
Rep. Jim Jordan – IRS Hearings
Rep. Jim Jordan (R-Ohio) questions Douglas Shulman at the IRS hearings. When asked if he is being square with his answers, Shulman replies “Excuse me?”
Since He Can’t Carry An Umbrella While in Dress Uniform …
Source: 90 Miles From Tyranny
Posted in Editorial
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U.S. Admits for First Time Drones Killed 4 Americans
One day before President Obama is due to deliver a major speech on national security, his administration on Wednesday formally acknowledged that the United States had killed four American citizens in drone strikes in Yemen and Pakistan. … “These individuals … Continue reading
Posted in Domestic Enemies, Editorial
Tagged Abdulrahman al-Awlaki, Americans, Anwar al-Awlaki, Drone, Jude Mohammed, Killed, Samir Khan
1 Comment
HORROR! Islamist Talks to Camera After Beheading UK Soldier on Street of Woolwich
HORROR! ISLAMIST WIELDING CLEAVER CHATS WITH VIDEOGRAPHER AFTER MURDERING UK SOLDIER! “We swear by almighty Allah we will never stop fighting you.” As I wrote earlier, we are in a fight against evil. David DeGerolamo h/t Randy D More…
Posted in Editorial, Radical Islam, Religion, War
Tagged Beheading, Islamist, Muslim, Woolrich
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Jackie Speier (D) – IRS Hearings
Douglas Shulman is questioned by Rep. Jackie Speier on Patriotgate. Listen to this quote at 1 minute, 45 seconds: “One of the problems we have here is people are unwilling to take responsibility for actions that happen under their control.” … Continue reading
Posted in Domestic Enemies, Editorial
Tagged Douglas Shulman, IRS, Jackie Speier, Patriotgate
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I Miss America Dollar
Our newest rubber stamp to send a message to the government. David DeGerolamo
Mortgage Applications Have Biggest May Collapse Since Financial Crisis
It seems that the recent rise in interest rates, instead of the typical (pre-depression) behavioral tendency to make people nervous and rush to lock in low rates, has once again stalled any hope of an organic housing recovery occurring. While the … Continue reading
Swedish Youth Riots Enter Third Day
Sparked by the police shooting of a machete-wielding 69 year-old man, traditionally calm-and-collected Sweden is suffering amid its third night of riots. It seems underlying tensions from high youth unemployment and rising nationalism against the nation’s large immigrant population have been … Continue reading
Ben Bernanke Crushes Hedge Funds: Average Hedgie Underperforming S&P by 65% In 2013
Yes, yes, everyone knows hedge funds aren’t benchmarked to the S&P – after all they “hedge” for the broader market downside. Here is the problem: having underperformed the S&P for five years in a row, many LPs are starting to get … Continue reading
Which Country has the Highest Rape Rate in the World?
After thinking over the question for five minutes, you might come up with South Africa or some other third world country as your answer. However, the real answer might shock you. Who has the highest number of rapes in the … Continue reading



















