By Eileen F. Toplansky AmericanThinker.com sumers are spending less. Small retailers are closing shop — even cable television subscriptions are seeing a loss in revenue. Mike Shedlock of globaleconomicanalysis.blogspot.com cites reports by Jacqui Cheng of Ars Technica, Mercedes Cardon of Finance Daily, and Jon Chavez of the Toledo Blade, highlighting America’s economic woes with... »
Archive for August, 2010
Three Flashpoints to $220 Oil
By Byron King TheDailyReckoning.com With oil sitting comfortably at $73 a barrel this morning, we cast a nervous eye toward the Middle East…where three little-noted developments are setting the stage for a return to triple-digit prices. Maybe very soon. 1) On the surface, this looks like a pretty routine Iraq story: An ambush there... »
Companies Aren’t Using Their Cash To Hire, They’re Using Their Cash To Fire
Joe Weisenthal BusinessInsider.com Aug. 30, 2010 It’s been a popular question lately: Why aren’t companies using more of their cash to hire workers? Some say companies don’t have the cash people think they have, and that the question is flawed. Others say it has to do with legal uncertainty. Others say it’s just plain-old... »
An Unofficial Translation of Bernanke’s Jackson Hole Speech, Part 2
by Gary North LewRockwell.com Here we get to where the rubber meets the road. In the remainder of my remarks I will discuss the policies the Federal Reserve is currently using to support economic recovery and price stability. I will also discuss some additional policy options that we could consider, especially if the economic... »
‘Showtime Syndrome’ Strikes Las Vegas
by William Norman Grigg LewRockwell.com “He made me do my job,” insisted Bryan Yant when asked to explain why he gunned down 21-year-old Las Vegas resident Trevon Cole last June in what was clearly an act of criminal homicide. Yant, who is employed by the Las Vegas Metropolitan Police as an undercover counter-narcotics detective,... »
Waging War on God and Family
Eyeless In Gaza by John Taylor Gatto LewRockwell.com Chapter 3 of The Underground History of American Public Education The deeds were monstrous, but the doer …. was quite ordinary, commonplace, and neither demonic nor monstrous. There was no sign in him of firm ideological convictions or of specific evil motives, and the only... »
MORE GOVERNMENT WITHOUT ACCOUNTABILITY
By Attorney Jonathan Emord Author of “The Rise of Tyranny” and, “Global Censorship of Health Information” August 30, 2010 NewsWithViews.com You learn a lot about members of Congress from the bills they introduce. The FDA Food Safety Modernization Act (S. 510) tells us a lot about Illinois Senator Richard Durbin. Durbin loves big government.... »
CULTURAL TYRANNY – FROM DC TO MAIN STREET
By Michael LeMieux August 30, 2010 NewsWithViews.com The more and more I hear of the phrase “Democracy in Action” the more frustrated I get at the ignorance of those we have placed in positions of power over us. From Washington D.C. to nearly every town in America the use of “Democracy in Action” to... »
Confirming “Dumb Money’s” Resilience To The Wall Street Siren Song
by Tyler Durden ZeroHedge.com 08/29/2010 When Zero Hedge first admonished our readers in June of 2009 to stay away from markets in light of a general deterioration in market structure, which included a regulator-authorized form of structural frontrunning in the form Flash trading (not to be confused with the imminently following Flash crash), an... »
How Bad Is It For Obama? Look How He’s Completely Lost The New York Times
Joe Weisenthal BusinessInsider.com Aug. 29, 2010 The big political event of the weekend was Glenn Beck getting at least 100,000 to hear him talk about faith and restoring America, and all that stuff. And yes, the level of motivation on the right is bad news for the Democrats. But it’s not just that the... »