Monthly Archives: March 2013

Italy’s Property Confiscation Is Next

So now we are seeing what “fair share” really means: confiscation.  Eat the “rich” to feed the poor has been a refrain since the 1960’s. Except now the banks are the ones being fed. Merkel is pulling the strings but … Continue reading

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Boehner says he ‘absolutely’ trusts Obama

House Speaker John Boehner says he “absolutely” trusts President Barack Obama — not that they don’t have their differences. Boehner tells ABC’s “This Week” that the two have a good relationship and that they’re “open with each other … honest … Continue reading

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Shock in Cyprus over bailout levy on bank deposits

httpv://www.youtube.com/watch?v=vQAO3kGQORc

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Cyprus bailout Parliament postpones debate amid anger

httpv://www.youtube.com/watch?v=lL8J_jd2Xqw I should make a cartoon with Benanke holder a gun to Lew holding a gun to an American depositor. Does that pistol hold more than 7 rounds or can it be modified to hold more rounds? David DeGerolamo h/t … Continue reading

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This Is What I Call a Trigger

The events unfolding in Europe have just started. The Cyprus “tax” (confiscation) has started to collapse the EURO as shown below. We will know in a few hours how the gold markets will react. What should you do? The real … Continue reading

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State Dept.: If Request Were Made for International Monitoring of Papal Election ‘We Would Take It Very Seriously’

State Department spokesperson Victoria Nuland said on Friday that if a request were to “come forward” that the papal election be monitored by an international organization called the Organization for Democratic Institutions and Human Rights (ODIHR), the U.S. government “would … Continue reading

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Illegal alien child-rape suspect was actually released by ICE in 2011

The information below comes from an article at the Examiner.com and the websites of NC Immigrant Rights Project and El Centro Hispano.  I was surprised to read that the  Durham Partnership for Children is one of the agencies sponsoring these organizations. … Continue reading

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Tehran: Our commanders now authorized to open fire. Go home, Obama!

The words and deeds coming out of Washington in the last three days bring little comfort to the Israeli government as it prepares for Barack Obama’s first visit as president Wednesday, March 20. According to an authoritative leak, Washington has … Continue reading

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Spain and Portugal, Austerity Protests

httpv://www.youtube.com/watch?v=LHiWpXf0mh4

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Switzerland, Austerity Protests

httpv://www.youtube.com/watch?v=D4gHZAPULk8 From YouTube: Switzerland has temporarily pegged its currency (the Swiss franc) to the euro through an executive decision of its central bank (2011-09-06 ). There is no statutory basis for this peg. Technically, the Swiss have put a floor … Continue reading

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Only Jesus can save the eurozone: Deutsche Bank

Deutsche Bank‘s global head of FX strategy, Bilal Hafeez, recently gave a speech at the annual Deutsche Bank Mittelstand (small and medium-sized enterprises) FX conference in Hamburg, Germany. The bank’s research department transcribed Hafeez’s speech and sent it out to … Continue reading

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For Everyone Shocked By What Just Happened… And Why This Is Just The Beginning

Today, lots of people wake up in shock and horror to what happened in Cyprus: a forced capital reallocation mandated by political elites under the guise of an “equity investment” in insolvent banks, which is really code for a “coercive, … Continue reading

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Traditionalists and Pope Francis: Can We Take a Deep Breath and Please Calm Down?

Traditionalists need to take a deep breath! Yes, I know. Cardinal Burke wasn’t elected Pope. I’ll be eating humble pie for the rest of Lent. I’m not worried about that. Here’s what I am deeply worried about: Pope Francis hadn’t been elected for … Continue reading

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This Is What Happens When Your Money Is 1’s and 0’s

If you have your money in a bank, stock, bond or even a safe deposit box, it is not really yours. Hard to believe that the world has returned to a time where if you cannot physically touch it and … Continue reading

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+30.5B: Federal Spending Up, Not Down, in First 5 Months of FY13

Federal spending was up $30.5 billion in the first five months of fiscal 2013 compared to the first five months of fiscal 2012, according to newly released data from the U.S. Treasury. The federal fiscal year begins on Oct. 1 … Continue reading

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