Just though I'd post if no one has...yet.
Rep. Ron Paul (R-Texas) said he plans to introduce legislation next year to force an audit of U.S. holdings of gold.
Paul, a longtime critic of the Federal Reserve and U.S. monetary policy, said he believes it's "a possibility" that there might not actually be any gold in the vaults of Fort Knox or the New York Federal Reserve bank.
The libertarian lawmaker told Kitco News, a website tracking news about precious metals, that an audit was necessary to determine how much the U.S. maintains in gold reserves in case the government were to use gold to back the dollar.
Continues at The Hill
"Trouble for This Country if We Don't Straighten Up Our Act." ~ Dr. Ron Paul
It’s getting tougher for U.S. savers to find a bank where they won’t end up paying to keep their money safe.
The average interest paid on savings, checking, money-market and certificate of deposit accounts fell to 0.99 percent in July, the first dip below 1 percent in a decade, according to researcher Market Rates Insight. Banks also have been raising fees and adding new ones, most recently in response to the financial-services overhaul bill that became law July 21.
The result is that an increasing number of savers are seeing their deposit earnings eaten up by charges. That’s frustrating people like Ken Ward, who recently passed on a savings account with a 0.01 percent interest rate at the Chase bank branch near his home in Wantagh, New York.
“We went to Chase because of the convenience,” said Ward, 57, a stock-loan trader who was helping his daughter find a place to tuck away $10,000. “But with those rates, we might as well put it in the mattress and then at least we won’t be charged any fees.”
Had they gone with the Chase savings account, it would have paid about $1 in annual interest. Potential fees included $4 if the balance fell below $300, $2 for each non-Chase ATM withdrawal and $3 for each withdrawal after making more than four withdrawals in a monthly statement cycle.
Ward said he and his daughter settled on a 13-month Chase CD paying 0.75 percent, and will look for a better alternative when it matures.
Following Fed Lower
By Richard Wolf, | USA TODAY
WASHINGTON — Government anti-poverty programs that have grown to meet the needs of recession victims now serve a record one in six Americans and are continuing to expand.
More than 50 million Americans are on Medicaid, the federal-state program aimed principally at the poor, a survey of state data by USA TODAY shows. That's up at least 17% since the recession began in December 2007.
POLITICS: Welfare agencies boost voter rolls
"Virtually every Medicaid director in the country would say that their current enrollment is the highest on record," says Vernon Smith of Health Management Associates, which surveys states for Kaiser Family Foundation.
The program has grown even before the new health care law adds about 16 million people, beginning in 2014. That has strained doctors. "Private physicians are already indicating that they're at their limit," says Dan Hawkins of the National Association of Community Health Centers.
More at USA TODAY
PORT LAVACA - Nearly 70 years have passed since 91-year-old Roland Cain served in the U.S. Army during World War II.
For about two-and-a-half years, he was stationed in several European countries including Germany and France before exiting the military with honor and prestigious recognition.
Only, the recognitions that were due Cain - The European-African-Middle Eastern Campaign medal with one silver bar; The World War II Victory medal; The Good Conduct medal, and The Marksman Badge with rifle bar -- never came.
Enter U.S. Rep. Ron Paul.
During a Republican Party fundraiser at the Port Lavaca Heritage Center on Sunday afternoon, the congressman surprised Cain with four neatly framed service medals, and an American flag that had been symbolically flown over the nation's capital.
"It is with great pleasure I present these medals to Roland Cain, which are so long overdue," Paul said.
Wide-eyed and thankful, Cain accepted the gifts and shook Paul's hand while a room of about 150 onlookers stood in ovation.
"It was wonderful to be honored," Cain said.
Paul explained that many former World War II servicemen qualified for medals and never received them after the war.
"At that time, people were just so ready to go home after the war they never followed up on receiving their medals," Paul said. "It was the convenience of my schedule that allowed me to do it."
Russell Cain, Calhoun County's sitting Republican Party Chairman and Roland Cain's son, was responsible for the presentation at Sunday's fundraiser, contacting Paul's office weeks ago to request the favor.
"I'm elated Congressman Paul was able to do it," Russell Cain said. "It was a great honor for him to honor our father and I very much appreciate it."
Gene Simmons Says The Fed Should Be Eliminated
In 2008, economics graduate and former businessman Mark Boyle gave up the one resource we all crave more of: money. He sold his house, found a place to live where he could trade labor directly for accommodation, set up a rocket stove made from discarded catering cans, a solar shower, a veggie garden, and a compost toilet. And on November 28th (International Buy Nothing Day 2008), he became The Moneyless Man.
In his new book "The Moneyless Man: A Year Of Freeconomic Living," Mark tells us how he did it and why. He answers practical questions, offers useful tips to cut down daily expenses, and relays the philosophical lessons he learned. What Mark discovered is that not only could he successfully eliminate his bills and reduce his carbon footprint, but that by living without money he ended up more productive, healthier and happier than ever.
In the slideshow, Mark documents all the challenges and experiences of his moneyless year.
The National Inflation Association has released a video on the division of individuals into inflation vs deflation camps. NIA believes Americans who wholeheartedly believe in one over the other may be harmed by their actions.
Watch the video: http://www.bullsource.com...
The Good Doc pens a really simple, yet elegant (ain't the man always?) sorta olive branch... okay it's really a soft, but stern warning to the neoLiB and neoCON NWO Wall St.Bankster financed sycophants and adherents at Council on Foreign Relations' rag, Foreign Policy Magazine:
The Good Doc wrote the above, in response to THIS article:
As always the Gentleman, the Doc heeds a prudent warning to those whom seek to hijack the TeaParty and OUR grassroots Freedom/Liberty/Patriot/Truth movement, in order to keep it within the confines of the failed, non-existent-in-reality-by-design "Two-Party" false L-R paradigm.
Like, sorry, it cannot, will not be neatly be contained within your agenda. As he puts it: "I am optimistic, and our numbers are increasing!"
A critical mass of awakened souls have a funny way of amassing toward the Truth.
- Ron Paul/Andrew Napolitano 2012!!!
It shouldn't be shocking to anyone who is awake.
Here was Ron Paul’s message to the Tea Party via The New York Times just the other day:
“As many frustrated Americans who have joined the Tea Party realize, we cannot stand against big government at home while supporting it abroad. We cannot talk about fiscal responsibility while spending trillions on occupying and bullying the rest of the world. We cannot talk about the budget deficit and spiraling domestic spending without looking at the costs of maintaining an American empire of more than 700 military bases in more than 120 foreign countries. We cannot pat ourselves on the back for cutting a few thousand dollars from a nature preserve or an inner-city swimming pool at home while turning a blind eye to a Pentagon budget that nearly equals those of the rest of the world combined.”
Ron Paul believes the Tea Party is not about “left” or “right” like a lot of political pundits make it out to be. It’s about the constitution, and limited government.
Pro-War Congressman Charlie Dent has taken over $101,000 in campaign contributions from the military industrial complex PAC groups. Donors include Halliburton, General Dynamics, Day and Zimmerman, Raytheon, Lockheed Martin, and L-3 Communications, which provided translator contractors at Abu Ghraib prison. Independent challenger Jake Towne commented:
“Since a prime source of funding for military-industrial companies are tax dollars, Dent is in effect merely recycling taxpayer money for his own political gain. I respectfully request the Congressman to return all donations he has accepted from these military-industrial political action committees as it is conduct unbecoming a public official.”
“War and debt without end is ruining the country.”
Towne has called for an end to the occupations of Iraq and Afghanistan, and has refused to contribute one dime towards extending
There were 72 bodies found on a ranch ninety miles south of the Texas border -- obvious victims of a drug cartel massacre. Bullets have been hitting public buildings in El Paso, and the Washington Post is reporting that at least $20 billion a year in cash is being smuggled across the U. S. border each year. What is it going to take to convince the federal government that current drug policies are not working? The fact is that the current drug laws are contributing to an all-out war on our southern border -- all in the name of a modern-day prohibition that is no more logical or realistic than the one we abandoned 75 years ago.
Mexican drug cartels make at least 60 percent of their revenue from selling marijuana in the United States, according to the White House Office of National Drug Control Policy. The FBI estimates that the cartels now control distribution in more than 230 American cities, from the Southwest to New England.
How are they able to do this? Because America's policy for nearly 70 years has been to keep marijuana -- arguably no more harmful than alcohol and used by 15 million Americans every month -- confined to the illicit market, meaning we've given criminals a virtual monopoly on something that U.S. researcher Jon Gettman estimates is a $36 billion a year industry, greater than corn and wheat combined. We have implemented laws that are not enforceable, which has thereby created a thriving black market. By denying reality and not regulating and taxing marijuana, we are fueling not only this massive illicit economy, but a war that we are clearly losing.
Seattle, WA – Farmers and civil society organizations around the world are outraged by the recent discovery of further connections between the Bill and Melinda Gates Foundation and agribusiness titan Monsanto. Last week, a financial website published the Gates Foundation’s investment portfolio, including 500,000 shares of Monsanto stock with an estimated worth of $23.1 million purchased in the second quarter of 2010 (see the filing with the Securities and Exchange Commission). This marks a substantial increase from its previous holdings, valued at just over $360,000 (see the Foundation’s 2008 990 Form).
“The Foundation’s direct investment in Monsanto is problematic on two primary levels,” said Dr. Phil Bereano, University of Washington Professor Emeritus and recognized expert on genetic engineering. “First, Monsanto has a history of blatant disregard for the interests and well-being of small farmers around the world, as well as an appalling environmental track record. The strong connections to Monsanto cast serious doubt on the Foundation’s heavy funding of agricultural development in Africa and purported goal of alleviating poverty and hunger among small-scale farmers. Second, this investment represents an enormous conflict of interests.”
"Did you know that the majority of FDA approved drugs have serious potential side effects that were not detected before marketing approval? (1)"
When being trained to do clinical studies, the drug going to market was jokingly called "Phase 6 - the real trial." Research is designed to get enough data to convince masses of people to try the drug. Only then can they really figure out what they have on their hands, and they know that. If you are taking any Rx or even OTC drugs made by big Pharma, you are their lab rat and they have you playing Russian roulette.
(FYI: I am paul4won, newly morphed.)