Here is a graph of the Monetary Base from the St. Louis Fed.
There has been a MASSIVE increase in the monetary base.
Peter Schiff answers some off-the-cuff questions. Among other things, Peter Schiff says that he will most likely vote for Gary Johnson for president.
See around 2:50 for the statement on Johnson:
What will he speak about?
Will he endorse Gary Johnson?
Will he criticize Romney and Obama?
Will he announce his 2016 plans?
Will he draw 10,000+?
Here are the details.
Infowars: Defense Secretary Leon Panetta said on Saturday that the conflict on the border between Syria and Turkey may spread to neighboring countries and create a regional war.
Turkey continued shelling of Syrian targets on Sunday in what Al Arabiya describes as immediate retaliation after a mortar round allegedly fired from Syria hit the southeastern Turkish border village of Akcakale where five civilians were killed last week. Akcakale is a key supply route for the CIA’s Free Syria Army and other so-called rebels.
Well, that just solidified my vote.
Republican National Committee Chairman Reince Priebus said on Sunday that libertarian presidential candidate Gary Johnson was "almost a non-factor" in the GOP's state-by-state electoral calculations.
Asked by CNN's Candy Crowley on "State of the Union" if he was worried about Johnson drawing votes from Republican Mitt Romney on Nov. 6, Priebus was dismissive.
"No, it doesn't worry me," he said.
"People understand that they're not going to throw their vote away when we have an election year that's about the future of America," he added.
Zero Hedge: This is a post in three sections. First I want to outline my conception of the price level phenomena inflation and deflation. Second, I want to outline my conception of the specific inflationary case of hyperinflation. And third, I want to consider the predictive implications of this.
Inflation & Deflation
What is inflation? There is a vast debate on the matter. Neoclassicists and Keynesians tend to define inflation as a rise in the general level of prices of goods and services in an economy over a period of time.
Prices are reached by voluntary agreement between individuals engaged in exchange. Every transaction is unique, because the circumstance of each transaction is unique. Humans choose to engage in exchange based on the desire to fulfil their own subjective needs and wants. Each individual’s supply of, and demand for goods is different, and continuously changing based on their continuously varying circumstances. This means that the measured phenomena of price level changes are ripples on the pond of human needs and wants. Nonetheless price levels convey extremely significant information — the level at which individuals are prepared to exchange the goods in question. When price levels change, it conveys that the underlying economic fundamentals encoded in human action have changed.
A St. Charles County sheriff's deputy was sentenced Friday to five years in prison for breaking the law while he and other officers were at a Middletown, Mo., home to apprehend a wanted meth cook.
--Mitt Romney's "you didn't build that" attack ad actually starred a man who's business received millions in government money.
From the "Irregular Times" website: "Four Other Presidential Candidates Debate On October 23
This week’s Democrat vs. Republican presidential debate left many Americans feeling uneasy about how to vote on Election Day 2012. Mitt Romney couldn’t tell the truth, and Barack Obama couldn’t seem to give Americans a coherent reason to support his re-election. When Romney and Obama were most coherent and honest, it was to declare that actually, for the most part, they agree on the big issues. Barack Obama thinks Mitt Romney did a great job on health care as Governor of Massachusetts, Mitt Romney agrees with Obama on regulation, and they both want to cut corporate taxes and recklessly expand offshore drilling for oil and natural gas.
An unmanned aerial vehicle was identified penetrating Israeli air space this morning, and was intercepted by the Israeli Air Force at approximately 10am.
Israeli Air Force Releases Video Of Explosive Drone Interception
More information from Zero Hedge:
The issue is not what separates Romney and Obama, but how much they agree. This hidden consensus has to be exposed
The Guardian: Wednesday night's debate between Barack Obama and Mitt Romney underscored a core truth about America's presidential election season: the vast majority of the most consequential policy questions are completely excluded from the process. This fact is squarely at odds with a primary claim made about the two parties – that they represent radically different political philosophies – and illustrates how narrow the range of acceptable mainstream political debate is in the country.
In part this is because presidential elections are now conducted almost entirely like a tawdry TV reality show. Personality quirks and trivialities about the candidates dominate coverage, and voter choices, leaving little room for substantive debates.
A light hearted look at the results of the 1st Presidential Debate.
DETROIT (WWJ) – The men and women of the Detroit Police Department believe the city is too dangerous to enter, and they want citizens to know it.
Detroit Police Officer Association (DPOA) Attorney Donato Iorio said officers are holding the “Enter At Your Own Risk” rally at 3:30 p.m. Saturday in front of Comerica Park to remind the public that the officers are overworked, understaffed, and at times, fearful for their lives.