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Monthly Archives: March 2013
Unintended Consequence …
Dictators – be they of the left, center-left, or centrist variety – are a very important part of everyone’s lives. They unconditionally share with us other people’s wealth even when we don’t ask for it – and all they … Continue reading
Posted in Editorial
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European Bank Bonds Plunge To 5-Month Lows
Close-to-close, headlines will be happy that things do not appear to be collapsing in Europe. The broadest equity indices only lost a fraction of a percent and bonds ended unchanged. But the action in the last hour or two (which … Continue reading
Expect these eight steps from the government’s playbook
From Sovereign Man: Direct confiscation As Cyprus showed us, bankrupt governments are quite happy to plunder people’s bank accounts, especially if it’s a wealthy minority. Aside from bank levies, though, this also includes things like seizing retirement accounts (Argentina), increases … Continue reading
A Financial ‘Night of the Long Knives’ is Upon Us
A financial “Night of the Long Knives” against savers is being played out in the European Parliament right now – and it is not the last bit of damage to be done…only the next. At this point, the veil has … Continue reading
Game of Drones
China’s military is expanding its unmanned aerial vehicle forces with a new Predator-like armed drone and a new unmanned combat aircraft amid growing tensions with neighbors in Asia, according to U.S. intelligence officials. New unarmed drone deployments include the recent … Continue reading
Military Equipment Movement on Train in AZ
httpv://www.youtube.com/watch?v=OTHb1M5S3K0
March Consumer Confidence Plunges As New Home Sales, Richmond Fed Miss
Houston we may have a problem: with the DJIA trumpetedely hitting new all time highs day after day in March, one would expect that its traditional second derivative – US Consumer Confidence, would be at all time highs as well, … Continue reading
Posted in Editorial, Financial
Tagged Consumer Confidence, Home sales
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Here’s Your Sign
That things are about to get much worse in Cyprus, in case you didn’t get the hint after 10 days of bank closures, and an unprecedented theft of private funds. We have not even seen half of the troubles to … Continue reading
Posted in Editorial
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More Forgotten History
I did not know that 10,000 Jewish soldier fought in the Civil War. The information below comes from the Jerusalem Post. Two corrections: the southern states did not seek to secede, they did secede. That is why this war should … Continue reading
‘Troika Go Home’: angry students protest Cyprus bailout
httpv://www.youtube.com/watch?v=mFeOxstRquM From YouTube: Answering a call put out on social networking site Facebook, thousands of young people in Cyprus took to the streets to protest against the bailout accepted the government. Marching through Nicosia, the banners clearly show what they … Continue reading
Law enforcement leaders voice concerns about weaponizing domestic drones
Leaders in the law enforcement community want people to know that they are against the arming of domestic drones. Public attention to the privacy and safety issues associated with unmanned aerial vehicles, or drones, was recently spurred by Kentucky Republican Sen. Rand … Continue reading
Posted in Domestic Enemies, Editorial
Tagged Drones, Weaponized
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Move Your Money
httpv://www.youtube.com/watch?v=Icqrx0OimSs If you will not get your money out of the banks, at least move it. David DeGerolamo
Rep. Frank Wolf to Holder: Probe ‘rat’s nest’ in DOJ civil rights shop
Rep. Frank Wolf (R-Va.) on Monday called for an outside independent panel to investigate the Justice Department’s Civil Rights Division. Wolf, in a letter to Attorney General Eric Holder, said a recent inspector general report raised numerous troubling instances of … Continue reading
Posted in Domestic Enemies, Editorial
Tagged Civil Rights, DOJ, Eric Holder, Frank Wolf
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CYPRUS BANKS TO REMAIN CLOSED THROUGH MARCH 27: CENTRAL BANK
We thought it useful to consider Cyprus in relation to the longest bank closures in history. Cyprus has now shutdown its banking system longer than Argentina, Ecuador, and Uruguay and as far as President Anastasiades comments that capital controls are temporary – … Continue reading
This Time *IS* Different
Europeans are used to the hypocrisy, the absence of principles, and the systematic theft they see in their banking and government sectors – they have been seeing these things for decades. The average European worker, however, figures that it doesn’t … Continue reading
Posted in Editorial
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