Monthly Archives: May 2011

Gold As Bailout Blackmail?

The price of gold has dropped $80 an ounce in the past five days. Has gold lost its luster? Some quick considerations: As reported last week, government central banks were buying gold as a hedge against inflation. Banks are not … Continue reading

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Frank Roche Explains the Dollar Index

The government released data on May 5th  showing an unexpected increase in people filing for unemployment benefits. This caused the stock market to drop 100 points but due to the “bizarre correlation between equities and the dollar”, the US dollar … Continue reading

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Thank the Federal Reserve for POMO

The Federal Reserve’s POMO policy to shore up the stock market is working well today as seen below from CNNMoney.com: The bars under the graph represent the volume of stock sales. Each time the market starts to collapse, the volume … Continue reading

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Gas, Jobs and Food

The media is now reporting what average Americans already know: the cost of living is impacting our lives. The cost of gasoline, loss of jobs and the increase in the price of food has led to a decline in consumer confidence. There is … Continue reading

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Mississippi Rising

School Bus Lot in Memphis, TN The Mississippi River flooding of 2011 should be the top news story that we all need to be following. The economic impact from the casinos that have been closed (10,000 displaced workers), loss of farmland … Continue reading

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Just in Time for Cinco de Mayo

President Obama has released an enhancement to the White House’s website just in time for Cinco de Mayo. The URL is http://www.whitehouse.gov/hispanic and as the heading on the main page shows below, it is dedicated to the Hispanic Community in … Continue reading

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While We Were Distracted …

Treasury suggests $2 trillion debt cap raise Glenn Beck always says “Watch what the other hand is doing…” “The Treasury has told lawmakers a roughly $2 trillion rise in the legal limit on federal debt would be needed to ensure … Continue reading

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Domestic Enemies

As always, “Arctic Patriot” returns the debate to center target: “The soft, elitist, corpulent, decadent hypocritical oathbreakers who have legislated away our freedoms are just as bad -if not worse- as those who have attacked us, as they have rendered the … Continue reading

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Survival and Preparedness in a Rural Environment

The Cherokee County 912 Project is sponsoring the second seminar for safety and preparedness: When: May 12 from 4:30pm – 8:00pm Where: Brasstown Community Center, 255 Settawig Road               Brasstown, NC This is Part Two of our Survival and Preparedness … Continue reading

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What Happened to North Carolina’s Castle Doctrine Legislation?

What is the status of castle doctrine legislation in North Carolina? One piece of legislation has passed the third reading in the Senate (S34) but it was then relegated to the infamous Judiciary Subcommitte A on March 22nd. Although my … Continue reading

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Barney Fife is our President

The man had one decision to make, and couldn’t “load” it … “…there had been a push to invade the compound for several weeks if not months, primarily led by Leon Panetta, Hillary Clinton, Robert Gates, David Petraeus, and Jim … Continue reading

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Barney Frank’s Legislation to Be “More Democratic”

  Barney Frank has submitted legislation that will remove the five of the 12 members of the Federal Open Market Committee from the decision process to set interest rates. His rational is to make this decision “more democratic” by consolidating … Continue reading

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Mississippi Catastrophe

The Army Corps of Engineer blew up a levee on the Mississippi River in order to alleviate flooding further downstream. The flooding of the Mississippi throughout the month of May will continue to make headlines as this catastrophe unfolds all … Continue reading

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A Victory in the War on Terror?

Congratulations to Navy Seal Team number 6. Not only did you achieve your mission’s primary objective, you were also able to retrieve information from bin Laden’s computers and thumbdrives which may prove to be a turning point in the war … Continue reading

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NC Fire April Illegal Alien Arrest Report

Suspected Illegal Alien Charged With Indecent Liberties With A Child ASHEVILLE- Police are searching for a man wanted for taking indecent liberties with a child and assaulting a woman. Ricardo Osornio Reyes, 24, is wanted on one count of indecent … Continue reading

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