I follow these guys on Facebook and their posts are usually awesome! Informative and funny!
"[I]f you just want to make sure you can pay the hospital when they save your life after Officer McDoofus accidentally shoots you, this is the insurance policy for you."
CNN: Taxpayers now pay more into Social Security than they'll receive in benefits, and the trend is worseningSubmitted by the clover helix on Tue, 04/16/2013 - 02:21
Libertarians have long known that Social Security was a scam in real terms, but now it's a scam in both nominal and real terms.
"A couple who each earned the average wage during their careers and retired in 1990 would have paid $316,000 in Social Security taxes, but collected $436,000 in benefits, according to data crunched by Eugene Steuerle, an economist at the Urban Institute.
"Cyprus has agreed to sell gold worth €400m from its reserves as a contribution to an international bailout, roiling the precious metal markets as investors feared it could set a precedent for other troubled eurozone countries.
“I think this could be a turning point,” said Jonathan Spall, director of precious metals at Barclays Capital. “Central bank stocks of gold which had looked to be ringfenced in the bailout process could now seemingly come in to play.”
Rest of article can be found at the following link:
"In July of 2012, the Federal Reserve Bank of New York granted a bailout to Bank of America; however, this didn’t become publicly known until court filings were made late last week. The amount of the settlement is undisclosed, however AIG was seeking upwards of $7 billion in damages from Bank of America. The Fed threw its weight behind BOA and released the bank from any claims of fraud."
The rest of the article can be found at the following link:
"The Federal Reserve paid the federal government a record $88.9 billion in 2012.
The central bank earned the money from the Treasury bonds and mortgage-backed securities it has bought to drive interest rates lower and boost the economy.
The Fed said Thursday that the 2012 payment was up 17.9% from 2011, when it paid the federal government $75.4 billion. It also surpassed the previous record of $79.3 billion in 2010."
The rest can be found at the following link:
So much for the FED being apolitical...
"The Federal Reserve Bank of Richmond worked with the FBI to closely monitor the protest activities of the Occupy Wall Street movement in 2011, according to recently released FBI documents.
The documents — obtained through a Freedom of Information Act request by the progressive Partnership for Civil Justice Fund (PCJF) — reveal that the FBI coordinated at length with local law enforcement, private financial institutions and other government agencies in their monitoring efforts of the Occupy movement’s activities.
"Free gun courses aimed at teachers and school administrators in Utah, Texas, North Carolina and Ohio have attracted hundreds of applicants in the wake of the shootings at an elementary school in Newtown, Conn.
"Retiring Republican Rep. Ron Paul pushed back Monday against the National Rifle Association's call for installing armed officers in every school, warning that the move could create a TSA-style maze of checkpoints and surveillance cameras -- with limited effect.
"School shootings, no matter how horrific, do not justify creating an Orwellian surveillance state in America," Paul said in a written statement.
The FED just announced that they will start buying $45 billion in treasuries per month in addition to the $40 billion in mortgage backed securities the FED was already buying. That's $85 billion per month now. As expected, gold, silver, and stocks have rallied today on the news. We're now officially following in Japan's footsteps.
"The Federal Reserve said it will buy $45 billion a month of Treasury securities starting in January, expanding its asset-purchase program, and for the first time linked the outlook for its main interest rate to unemployment and inflation.
Good article. Looks like we gained even more ground in the house!
Texas Republican Rep. Ron Paul will retire from Congress next year after serving for 12 terms, but several Republicans influenced by the iconic libertarian-leaning lawmaker will be arriving to take his place.
Thomas Massie won the race to replace retiring Kentucky Republican Rep. Geoff Davis, beating Democrat Bill Adkins by 20 percentage points. Massie, an ally of Paul’s son, Kentucky Republican Sen. Rand Paul, raised nearly 10 times as much money as Adkins, according to the Lexington-Herald Leader.
It was Dr. Paul who opened my eyes on this subject and though this article doesn't mention Dr. Paul (which it should), it does a good job of explaining a basic fact: the majority of the public is fed up with our marijuana laws and something needs to change.
"Voters in Colorado, Oregon, and Washington will decide on election day whether to legalize marijuana in their states. All three initiatives have a chance of passing, and two are ahead in polls. In Massachusetts and Arkansas, voters may legalize medical marijuana. And last year, a Gallup poll found that a majority of American voters supported legalizing marijuana for the first time.
Buyer beware from a fellow precious metals investor...
"On the front is stamped "Perth Mint Australia", on the back are kangaroos - a close copy of the actual design used by the mint.
The worker doesn’t hold back when quizzed about the procedure. "First we did the silver plating, then the gold plating," he said.
What should be valued at $510,000, is actually counterfeited gold bars that Seven News paid $300 for (300 pieces at $1 each)."
See rest of text and video here:
This is beyond priceless as Jan completely exposes her anti-constitutional policies and philosophy!!! The Secretary of Education starts looking for a way out of the interview almost as soon as it starts!
Agree or disagree with their methods, they've got some serious convictions (and talent) to pull this off...
"Hackers aligned with the global cyber-collective known as Anonymous have claimed responsibility for taking down at least six prominent websites, including those of the US Department of Justice and Universal Music Group, in retaliation for charges levied earlier Thursday against content-sharing site Megaupload.com.
Both Universalmusic.com and Justice.gov crashed Thursday afternoon and remained down as of 6:50pm ET.