Archive for October 20th, 2010

By JIM POWELL Investors.com Word is that the Federal Reserve is getting new suggestions to again consider targeting interest rates. Whatever the merits of the suggestions, they highlight an amazing fact: The Fed was established 97 years ago, and Fed officials were given considerable power over the economy as if they knew what they... »

By: David Dayen FireDogLake.com I mentioned this at the end of this post about investor lawsuits, but it deserves to be highlighted. This is a level of fraud that I probably should’ve seen coming, but didn’t. Apparently, Bank of America has admitted in a court filing that they sold the same mortgage loan in... »

The Truth About Terrorism, and the U.S. Government by Scott Lazarowitz LewRockwell.com My writing this was inspired by Paul Craig Roberts’s great article The War on Terror, in which he tells the truth about what’s really going on, and I wanted to expand more on this terrorism subject. There are many reasons why the... »

Confiscating Retirement Accounts by Gary North LewRockwell.com The Social Security System went into red ink mode this year. I predicted last January that this would happen. My video is here. More money is now flowing out of the Social Security Administration to recipients than is flowing in through FICA taxes and interest payments to... »

‘Show Me The Note, Motherfucker!’ by Gonzalo Lira LewRockwell.com So the week before last, I wrote about Brian and Ilsa, a retired couple in their mid-to-late sixties, living in a house in the Southwest that had – unremarkably – gone underwater. They had tried to refinance their home mortgage, under the auspices of the... »

By Chuck Baldwin October 20, 2010 NewsWithViews.com In the Declaration of Independence, Thomas Jefferson wrote, “Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by... »

By J.B. Williams October 20, 2010 NewsWithViews.com Systemic corruption throughout the Arkansas Democrat Party in charge of the election process is exposed and under fire, thanks to state and local citizen precinct activists who understand the true power of the precinct delegate position. Arkansas has been controlled by Democrats for so many years that... »

By: Devvy October 20, 2010 NewsWithViews.com Joan Veon passed away,October 18, 2010. America has lost one of its most ardent freedom fighters and a true lady. Back in 2007, Joan was diagnosed with metastasis breast cancer. Because it had spread from the breast into the lymph nodes and spine, she was told her cancer... »

David Cameron, the Prime Minister, has disclosed that 42,000 defence jobs in Britain will go as part of 8 per cent budget cuts in the strategic defence review. By Andy Bloxham TelegraphUK 19 Oct 2010 Recent veterans of the war in Afghanistan are understood to be at risk of redundancy, as 7,000 jobs go... »

Half a million public sector workers are to lose their jobs as a result of the comprehensive review of government spending, official documents have disclosed. By Robert Winnett and Andrew Porter TelegraphUK 19 Oct 2010 Danny Alexander, the Chief Secretary to the Treasury, unwittingly disclosed the full scale of the expected redundancies when he... »