At least one Occupy Wall Street protestor Gets it – It’s the FED Stupid!!
Watching this was truly inspiring to know that at least some of the young people are Awake, Vocal and caring about America enough to speak veritas.
Ron Paul for President 2012
http://RonPaul2012.com
[Original article from BrainonBrett.com ]
So…I was asked to look into what I feel may have caused a good number of our industries to outsource their jobs overseas. I spent the last day or so reading and going through some statistics. I’ve come up with a couple of reasons and opinions that I feel shed some light in MY eyes as to why this trend has been inching up over the years to the point of rocketing out of control. The questions that seems to coincide with “Why?” are “Who’s to blame?” or “Are we not good enough?”
I think, in the end, we have to look at our country and ourselves, as citizens, at what our home has become. As I have preached to anyone that will listen, accountability is the key to success. Hands down. No matter what you do. Or what it is you want to do. It has to be the foundation to which you base your work ethic. Accountability builds integrity. Integrity gives you power. And, this will start a chain reaction of success beyond belief. I think somewhere along the line there has been enough people that, to me, stopped realizing or refusing to acknowledge how critical integrity plays in the workplace. Like I said we all have to shoulder some of the blame. Whether it’s us, as workers, or our government. So, until we realize that our country, as a whole, has placed us in this situation where our very way of life is threatened.
The periodic table lists 118 different chemical elements. And yet, for thousands of years, humans have really, really liked one of them in particular: gold. Gold has been used as money for millennia, and its price has been going through the roof.
Why gold? Why not osmium, lithium, or ruthenium?
We went to an expert to find out: Sanat Kumar, a chemical engineer at Columbia University. We asked him to take the periodic table, and start eliminating anything that wouldn’t work as money. Read the rest of this entry »
Editor’s Note: Most in the liberty movement will probably side with a little bit of the inflation explanation and a little bit of the everyone-is-doing-it sentiment these two have encountered to explain the rise in gold prices. It will be interesting to see how David Kestenbaum and Jacob Goldstein’s experiment works out…
by DAVID KESTENBAUM and JACOB GOLDSTEIN via NPR.org
Our recent investment in a toxic asset didn’t go so well: We started out with $1,000 and wound up with $449.06.
The price of gold has been going through the roof lately, and we wanted to know why. You can’t eat gold, or use it to fuel your car. Why do people pay so much for it?
So we thought we’d try it for ourselves; we decided to buy gold with the money we had left over from our toxic asset.
In New York’s Diamond District, a few blocks from our office, we found a place listed on the U.S. Mint’s website. It’s not really a store in the ordinary sense of the word. It’s more like a food court — a room with stall after stall of guys selling jewelry and gold.
One stall has two guys, and a piece of paper taped to the wall. The paper says “Gold Standard,” which is the name of the business.
The guy who runts runs it, Hank Mendelsohn, has been here since the ’70′s. He got his start going around to dentists’ offices, buying teeth with gold fillings.
For Hank, the spike in gold prices has been good for business. One time, he says, a hedge fund wired him hundreds of thousands of dollars, then sent an armored car to pick up the gold.
After showing us a few things out of our price range — a bar of gold about the size of a chocolate bar ($42,000), a nice one-ounce coin ($1,400) — Hank pulls out shiny thin coin a little bigger than a nickel. It’s ours for $419.
Lots of people have been buying gold lately — the price has doubled in the past three years. And everyone will give you a reason why. Read the rest of this entry »
Posted by STEPHEN GANDEL via Time.com
What is the most likely cause today of civil unrest? Immigration. Gay Marriage. Abortion. The Results of Election Day. The Mosque at Ground Zero. Nope.
Try the Federal Reserve. November 3rd is when the Federal Reserve’s next policy committee meeting ends, and if you thought this was just another boring money meeting you would be wrong. It could be the most important meeting in Fed history, maybe. The US central bank is expected to announce its next move to boost the faltering economic recovery. To say there has been considerable debate and anxiety among Fed watchers about what the central bank should do would be an understatement. Chairman Ben Bernanke has indicated in recent speeches that the central bank plans to try to drive down already low-interest rates by buying up long-term bonds. A number of people both inside the Fed and out believe this is the wrong move. But one website seems to believe that Ben’s plan might actually lead to armed conflict. Last week, the blog, Zerohedge wrote, paraphrasing a top economic forecaster David Rosenberg, that it believed the Fed’s plan is not only moronic, but “positions US society one step closer to civil war if not worse.” Read the rest of this entry »
Wednesday, November 18, 2009
By Fred Lucas, Staff Writer
[Article from CNSNews.com, links added by CNSNews.com staff]
(CNSNews.com) – The 86thcongressional district of Rhode Island received $10.2 million in federal economic stimulus funds to save 57.9 jobs, according to Recovery.gov. In neighboring Connecticut, the state’s 42nd congressional district did not receive any stimulus money yet 25 jobs were still saved or created.
The problem with these federal financial data, however, is that Rhode Island has just two congressional districts, not 86, and Connecticut has just five U.S. House seats, not 42. Also, the Web site states that $6.4 billion in stimulus money went to 440 congressional districts that do not exist, according to an analysis first reported by Watchdog.org, a division of the Franklin Center for Government and Public Integrity.
The watchdog’s analysis showed that the money invested in the non-existent congressional districts saved or created 30,000 jobs, based on the government data currently available to the public.
Recovery.gov is the Obama administration’s Web site designed to track the funds dispersed through the $787 billion American Recovery and Reinvestment Act of 2009.
Concerning the non-existent congressional districts and other data on Recovery.org, the Obama administration responded on Tuesday that it was a matter of kinks in the system and that all stimulus funds are traceable and documented.
“These are not non-existent congressional districts, these are improperly identified congressional districts,” Ed Pound, spokesman for the Recovery Accountability and Transparency Board, told CNSNews.com Tuesday. “It’s human error. People filling out these forms might not know their district.”
Measure would audit the Fed’s monetary policies such as interest rates
[Article from MarketWatch.com]
bumpersticker from: http://www.cafepress.com/+are_you_better_off_now,392044147
A key congressional panel on Thursday approved legislation introduced by the Texas congressman that – for the first time in the central bank’s 95-year-history — would require government audits of Federal Reserve monetary policy, as well as how much the central bank has lent and will lend to specific banks.
Fed Chief Ben Bernanke and other key members of the Obama administration, including Treasury Secretary Tim Geithner, had vigorously opposed the move.
The measure was approved by the House Financial Services Committee as it considered broad bank regulatory reform legislation, and included a package of other measures weakening the Fed’s power and capping how much it can lend or guarantee.
The committee is now poised to pass the entire bill and has scheduled its final vote on the legislation for December 1.
AM Report: Ron Paul vs. the Fed The News Hub panel discusses Ron Paul's Opinion piece in today's Journal, which argues for a more transparent Federal Reserve.
[Continue reading and view video here...]
Today may have been the 404th anniversary of Guy Fawkes’ Gunpowder Plot, guarding the gunpowder that was to be used for blowing up British Parliament. But we Americans can give it a new twist in stirring things up! No explosives needed.
If you’re a liberty-loving American Patriot, please visit http://www.thisnovember5th.com/ . You can contribute to Debra Medina (Gubernatorial candidate, TX), Rand Paul (US Senate, KY), Adam Kokesh (State Rep. Dist. 3 candidate, NM), Peter Schiff (US Senate, CT), just to name a few.
You can also donate to these other liberty-loving, socially-responsible and fiscally conservative candidates such as David Smith, TX CD 2 and Joe Petronis, TX CD 10, by visiting their respective campaign websites.
Happy trails, folks, and support your favorite candidate!! :-)
