The Global Status Quo Strategy: Do More of What Has Failed Spectacularly

“The only metrics that count are debt and the ability to service that debt.  Households have this tiny little problem known as declining income that makes it impossible to service more debt unless interest rates fall to near-zero. Presto-magico, real interest rates (adjusted for inflation) are near-zero, and can’t fall any lower. That means the Fed has run out of room to lower rates. From here on, households will only be able to service more debt if their income rises. Alas, with full-time employment back to 1980 levels, that is not even a remote possibility.”

http://charleshughsmith.blogspot.com/2013/04/the-global-status-quo-strategy-do-more.html

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Syrian Rebels Claim Government Using Chemical Weapons; Hagel Takes Dictation

thelrcblog-5002

“Syrian rebels have been entrusted by US intelligence to collect information to show that the Syrian government has used chemical weapons against its own citizens and, surprise, they have come back with the ‘evidence’ the warmongers have sought to satisfy rebel demands for a US attack. Secretary of Defense Chuck Hagel, in a stunning about-face, has dutifully reported back to Congress these ‘findings’ as fact and in so doing has shifted the US war machine from ‘neutral’ into ‘drive’.”

http://www.lewrockwell.com/blog/lewrw/archives/136695.html

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Judge Napolitano: FBI Fake Terror Plot History

Judge Napolitano: FBI Fake Terror Plot History

“The bombing at the Boston Marathon could well be another FBI sting gone bad.”

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Michael Scheuer: The Idea That They’re Attacking Us Because Of Our Freedom Is Insane

Michael Scheuer: The Idea That They’re Attacking Us Because Of Our Freedom Is Insane

“We should have went to Afghanistan and won the war. We went to Afghanistan, spent 13 years and got chased out by guys with weapons from the Korean War. The Islamists started this war, they explained to us as clearly as General Giap and Ho Chi Minh explained to us why they were fighting us and we have ignored it. Mrs. Clinton has ignored it, Bill Clinton, George Bush, Barack Obama. The idea that they’re attacking us because of our culture is insane. We are now waging a war against them culturally. We’re trying to impose democracy, women’s rights, parliamentary systems on a people who don’t want it. They’re going to fight that.”

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Connecticut: “No Guns, No Gold”

“You probably know about the gun control bill that was voted into law this month. Gun manufacturers are threatening to move out of the state. The story is here.  The state is now about to shut down all coin stores. A bill to require complete record-keeping on all sales, including photos of every coin sold, and recording the ID of every buyer and seller, is about to be passed into law. The cost of complying will shut down the stores.”

http://teapartyeconomist.com/2013/04/26/connecticut-no-guns-no-gold/

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Missouri senate votes to stop issuing driver’s licenses after concealed carry records leak

“Missouri state senators on on Monday voted to eliminate all funding for the Department of Revenue’s driver’s license bureau because they were angry about the way the agency was keeping concealed carry gun records. Senate Appropriations Committee Chairman Kurt Schaefer (R) said that he had created that draconian cuts to send a message to Democratic Gov. Jay Nixon’s administration.  In addition to $3.5 million of funding for the driver’s license offices, Schaefer is also targeting the Department of Public Safety and computer operations at the state Office of Administration because they had a role in sharing concealed carry records.”

http://www.rawstory.com/rs/2013/04/23/missouri-republicans-vote-to-stop-issuing-drivers-licenses-over-gun-records-conspiracy-theory/

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Twelve States ask SCOTUS to challenge EPA on ‘clean air’ CO2 regulation

“Twelve States (Texas, Alabama, Florida, Georgia, Indiana, Louisiana, Michigan, Nebraska, North Dakota, Oklahoma, South Carolina and South Dakota) today filed a petition to have the Supreme Court review the D.C. Circuit’s decision not to strike down EPA’s climate regulations.  The States argue that the Congress never intended for the Clean Air Act to regulate greenhouse gases. The Clean Air Act was designed in 1970, in order to fight smog. The law’s tools and mechanisms are totally inappropriate for regulating greenhouse gas emissions, which are much more prevalent than the pollutants that cause smog.”

http://wattsupwiththat.com/2013/04/22/twleve-states-ask-scotus-to-challenge-epa-on-climate-regulation/

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New Jersey Governor Imposes Red Light Camera Freeze

“Chris Christie has gone from red light camera proponent to active photo ticketing opponent in a matter of months. On Thursday, the state Department of Transportation (NJDOT) announced there will be no new red light cameras installed in the Garden State with the notice specifically mentioning it was the political decision of the ‘Christie Administration.’ Less than nine months ago, Christie had backed red light cameras.  Data from the first year of camera use show a spike in the number of injury-causing and severe accidents. The results ran counter to the promise that photo ticketing reduces ‘more dangerous’ angle collisions.”

http://www.thenewspaper.com/news/40/4082.asp

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$2 Trillion Underground Economy May Be Recovery’s Savior

“The shadow economy is a system composed of those who can’t find a full-time or regular job. Workers turn to anything that pays them under the table, with no income reported and no taxes paid.  Shadow economies are usually associated with illegal activity, such as drug dealing. But anecdotal evidence indicates that off-the-books work in today’s job market includes personal and domestic workers, such as housekeepers and nannies.  It also includes firms that hire hourly or day construction labor, information technology specialists and Web designers. Many who have a job that doesn’t pay enough take another one that pays under the table.”

http://www.cnbc.com/id/100668336

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FDA, FBI Raid Tulsa Cancer Clinic

“A U.S. Food and Drug Administration investigation shut down a Tulsa cancer clinic Tuesday afternoon. Federal agents showed up at Camelot Cancer Care in south Tulsa around 11 a.m. and served a search warrant.  Sam Bass said his father-in-law took $13,000 out of his savings to pay for a 20-day treatment program. But as they left Camelot, FDA and FBI agents showed up.  Bass said they asked him to leave his wife’s medication behind.  Sam said his wife’s treatment program did include Laetrile. The chemical, which is found in the pits of some fruits and nuts, is also listed on Camelot’s website.  But, it’s not approved by the FDA.”

http://www.newson6.com/global/story.asp?s=22057839

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