Category Archives: Editorial

Bond Market Backs Obama With Record Demand For New Debt

Investors are plowing cash into new U.S. Treasuries at a record pace, making economic growth rather than budget austerity a key issue as President Barack Obama and Mitt Romney face off in November’s presidential election. Bidders offered $3.16 for each dollar of the $1.075 … Continue reading

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EU oil embargo on Iran takes effect. Gulf braced for backlash, Hormuz closure

The European oil embargo taking effect Sunday, July 1 blocks the sale to European Union members of 1 million, or one third, of Iran’s daily output of 3.3 million barrels a day. EU insurance firms, the biggest in the world, … Continue reading

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77% of JP Morgan’s Net Income Comes from Government Subsidies

JP Morgan receives a government subsidy worth about $14 billion a year, according to research published by the International Monetary Fundand our own analysis of bank balance sheets. The money helps the bank pay big salaries and bonuses. More important, … Continue reading

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When Dissent Failed

See additional comments on Tea Party Nation. While the nation has been focused on the Supreme Court’s decision on healthcare, we have neglected to read the dissenting opinion by Justice Scalia on this case. Here is a portion of the … Continue reading

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SARAH PALIN: ‘NANCY PELOSI IS A DINGBAT’

Watch the latest video at video.foxnews.com

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Perdue vetoes controversial fracking bill

RALEIGH, N.C. — Gov. Bev Perdue announced Sunday that she has vetoed a controversial proposal to legalize fracking. The bill, Senate Bill 820, was backed by Republican leaders in the House and Senate, who said it would give state regulators up to two … Continue reading

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What If?

httpv://www.youtube.com/watch?v=eD_ybaXhXno What is a III Percent Patriot?  The real Tea Party Movement is all about the Constitution. III Percent Patriots are men and women like Captain John Parker who met the British at Lexington and Concord, and today the III are not … Continue reading

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Current US Politics … as predicted in 1851

Does this sound like our current events ? But the process, as regards the concentration of power, would not stop at this stage. The government would gradually pass from the hands of the majority of the party into those of … Continue reading

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DERIVATIVES: Bank downgrades trigger billions in collateral calls

PROOF POSITIVE that  The End Has Begun (International Financing Review)  6/30/2012  A series of ratings downgrades from Moody’s last week has created an unwelcome but manageable liquidity squeeze on three major banks, by forcing them to post billions of dollars … Continue reading

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STUPID, STUPID JACKASSES – ANN BARNHARDT

It isn’t just Lindsey Graham that is a stupid, stupid jackass. If you’re buying any of this, “Everything’s fine! We actually WON on ObamaCare, and Roberts is a genius!” jackassery, then go look in the mirror and behold the Sombrero … Continue reading

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Reality Dawning

The truth of America’s perilous financial position in the world is being revealed, and the pace of discovery has begun to escalate quite a bit in the past month.  The lies and illusions which the talking heads of government and … Continue reading

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Did We Forget or Just Give Up?

The Wolf and the Lamb A wolf, meeting with a Lamb astray from the fold, resolved not to lay violent hands on him, but to find some plea to justify to the Lamb the Wolf’s right to eat him. He … Continue reading

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Indiana to bill feds $131M for expenses linked to illegal immigrants

INDIANAPOLIS | Indiana plans to bill the federal government $130,953,979, the estimated cost of state services used by illegal immigrants since July 1, 2011. A 2011 law, sponsored by state Sen. Mike Delph, R-Carmel, requires state budget officials to determine how much Indiana … Continue reading

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Aviation Week: Obama may use Assad’s fall to disguise Iran strike

The new Aviation Week reports: “Evidence is mounting that the US defense community and the Obama administration view 2013 as the likely window for a bombing attack on Iran’s nuclear and missile facilities. It could be earlier, timed to use … Continue reading

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Democrats Walk Out to Protest Against the Rule of Law

 This is the oath of office for the U.S. Senate and House of Representatives, all Federal Judges and Justices and all Federal Employees, as enacted by Congress in 1862: “I_______ do solemnly swear (or affirm) that I will support and defend … Continue reading

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