Archive for August 10th, 2010

U.S. Economy Between a Rock and a Hard Place Facing Dire Options

Tuesday, August 10th, 2010

By: Lorimer Wilson Market Oracle Aug 09, 2010 “The U.S. is in an untenable position – between a rock and a hard place – in an inescapable debt trap – where the options are, at best, dire – either hyperinflation or a deflationary depression! It would seem that all we can do is ride... »

Posted in Civil Unrest, Economics, Government Evil | No Comments »

Federal ‘Main Street Fairness Act’-Taxation without representation

Tuesday, August 10th, 2010

By Curtis J. Barry Fosters.com In the first week of July, U.S. Rep. William Delahunt, D-Mass.) introduced yet again legislation in Congress known as the “Main Street Fairness Act” (H.R. 5660), related to the “Streamlined Sales Tax Agreement (SSTA).” This effort has been tried and failed a number of times but this year it... »

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Democrats push for new Internet sales taxes

Tuesday, August 10th, 2010

by Declan McCullagh CNet.com The halcyon days of tax-free Internet shopping will, if Rep. Bill Delahunt gets his way, soon be coming to an abrupt end. Delahunt, a Massachusetts Democrat, introduced a bill on Thursday that would rewrite the ground rules for Internet and mail order sales by eliminating the option for many Americans... »

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States Raising Cigarette, Gas and Sales Taxes to Cover Shortfalls

Tuesday, August 10th, 2010

By MATTHEW SCOTT DailyFinance.com 08/09/10 Consumers don’t have to wait for the Bush tax cuts to be repealed in order to pay higher taxes. Individual states are hiking tax rates on the sale of retail items, gasoline and cigarettes. Over the last year, 11 states have hiked taxes on cigarettes, five have increased their... »

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‘US financial elite destroy the dollar’

Tuesday, August 10th, 2010

PressTV.ir Mon, 09 Aug 2010 The value of the US dollar is crashing intentionally as the Federal Reserve has been printing money without tangible reserves for several decades. President Barack Obama has helped the bankers to come out ahead in every possible situation while pushing the middle class into poverty. The following is a... »

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Commodity crisis sparks fear of food inflation on high street

Tuesday, August 10th, 2010

Warning that rise in wheat and barley prices will hit household budgets – and may force increase in interest rates By James Thompson and Sean O’Grady IndependentUK Tuesday, 10 August 2010 A spike in food-price inflation over the coming months is set to hit household budgets and pile the pressure on the Bank of... »

Posted in Economics, Food Wars | No Comments »

Reagan insider: ‘GOP destroyed U.S. economy’

Tuesday, August 10th, 2010

Commentary: How: Gold. Tax cuts. Debts. Wars. Fat Cats. Class gap. No fiscal discipline By Paul B. Farrell MarketWatch.com Aug. 10, 2010 ARROYO GRANDE, Calif. (MarketWatch) — “How my G.O.P. destroyed the U.S. economy.” Yes, that is exactly what David Stockman, President Ronald Reagan’s director of the Office of Management and Budget, wrote in... »

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Will the US Really Pull Out of Iraq?

Tuesday, August 10th, 2010

by Eric Margolis LewRockwell.com President Barack Obama just restated his vow to pull all US combat troops out of Iraq by August, 2010, and the remaining US garrison by the end of 2011. While campaigning for the presidency, Obama had promised to withdraw all US troops in 2010, but the Pentagon prevailed on him... »

Posted in Government Evil, Oil, War Without End | No Comments »

The Violent American Future

Tuesday, August 10th, 2010

Marc Faber: Protect Your Property with High Voltage Fences, Barbed Wire, Booby Traps, Military Weapons and Dobermans by Mac Slavo LewRockwell.com Investment guru and publisher of The Gloom, Boom and Doom report, Marc Faber, regularly discusses investment strategies for protecting and building wealth during times of economic distress. He has recommended purchasing gold, silver... »

Posted in Civil Unrest, Civil War II, Economics | No Comments »

Surviving Contact with ‘The Plan’

Tuesday, August 10th, 2010

by Thomas Luongo LewRockwell.com As I related in my last article, my wife said to me one evening after work, “I think it’s time we had a kid…. And, I’m not raising it in this house.” Little did I realize how profoundly those last 8 words would alter the course of my life, and... »

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