Monthly Archives: November 2013

Red Tape Strangulation: 3,600 New Federal Rules in 2013

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“The FAA had a busy week, issuing 26 final rules. See them all here.  If two businesses want to merge, the Hart-Scott-Rodino Act often requires them to get permission first from the Justice Department and the Federal Trade Commission. The FTC issued a rule changing some of the Hart-Scott-Rodino procedures for pharmaceutical companies.
The FDA formally approved spirulina extract for use as a safe food coloring additive. Spirulina extract is dried cyanobacteria. Bon apetit! If you’ve been longing to import ovine meat from Uruguay, the Animal and Plant Health Inspection Service is giving you the go ahead to satisfy your craving. This rule could cause lamb to become slightly cheaper.”

http://teapartyeconomist.com/2013/11/19/red-tape-strangulation-3600-new-federal-rules-2013/

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D.C. awash in contracts, lobbying wealth

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“During the past decade, the region added 21,000 households in the nation’s top 1 percent. No other metro area came close.  Big companies realized that a few million spent shaping legislation could produce windfall profits. They nearly doubled the cash they poured into the capital.  The signs of the new Washington are everywhere — from the Tiffany store that Fairfax County (Va.) development officials boast is the most profitable in the country to the new Tesla dealership in Tysons Corner.  A company called Strategas has built an index to track the stock performance of the 50 companies that lobby the most; last year, that index outperformed the rest of the market by 30 percent.”

http://www.stltoday.com/news/national/govt-and-politics/d-c-awash-in-contracts-lobbying-wealth/article_53336d9b-a75f-5a1a-bb19-d46d3186a960.html

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Bill Bonner: Gold 2.0

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“Publicly, the feds are playing it cool with bitcoin. Privately, they must be sweating. As we told a small group of Bonner & Partners Family Office members last week at our private meeting in Nicaragua, bitcoin has the potential to be ‘gold 2.0.’ The new virtual money has the potential to destroy the dollar… the Fed… the banks… and the world’s fiat money system.  It could also make gold obsolete. This new money is easier to use and costs nothing to store.  But regulate it? That may be impossible.  Bitcoin is arguably the most disruptive monetary technology yet invented. It could be the biggest financial story since gold. Nothing like it has happened in 6,000 years – an entirely new, better, kind of money.”

http://www.bonnerandpartners.com/gold-2-0/

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Malta to ID buyers of its citizenship after outcry

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“Malta’s government has rolled back one element of its controversial law to sell its citizenship for 650,000 euros ($865,000), saying it will publish the names of people buying their way into European Union passports.  The government had argued that keeping the names secret would have brought in more money — the key goal of the initiative. But the government withdraw the secrecy clause ‘after listening to the people,’ according to a statement late Sunday.  The opposition Nationalist Party has vowed to repeal the law and revoke all the citizenships sold if the party returns to power.”

http://www.boston.com/news/world/europe/2013/11/18/malta-buyers-its-citizenship-after-outcry/jj68hkcrNfqhqhHZwqw9uM/story.html

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The Basics of Internationalization

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“Doug Casey chats with Nick Giambruno from International Man on the Basics of Internationalization.”

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Timing the Collapse: Ron Paul Says Watch the Petrodollar

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“It was evident long before Nixon closed the gold window and ended the Bretton Woods system on August 15, 1971, that a paradigm shift in the global monetary system was inevitable.  Likewise today, a paradigm shift in the global monetary system also seems inevitable. By considering Ron Paul’s words, we will know when the dollar collapse is imminent. ‘We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars or euros.’ There is no question that you want to be internationalized before that day arrives, which seems to be getting closer and closer.”

https://www.internationalman.com/78-global-perspectives/1047-timing-the-collapse-ron-paul-says-watch-the-petrodollar

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The Fundamental Characteristic that Recommends Janet Yellen

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“We expect an ever more emphatic stream of double-talk and market manipulations as the final acts of this tragedy play out. First, a Wall Street Party and then … the ruinous aftermath. And throughout this scenario, the constant, delusional drip of increasingly unmoored statements about the Fed’s competence and the government’s efficiency generally. Somehow the eventual unwinding of these trillions shall be blamed on the private markets and as everything crashes down, those at the top will suggest a new and even more globalized system using the strategies that have created such domestic havoc.”

http://www.thedailybell.com/news-analysis/34763/The-Fundamental-Characteristic-that-Recommends-Janet-Yellen/

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US demands immunity, right to enter Afghan homes — forever

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“Days before the so-called bi-lateral security agreement heads to an Afghan council of elders and political leaders for a final decision, the U.S. is attempting to force through a stipulation that would allow U.S. troops to continue raiding Afghan homes, in addition to measures giving U.S. troops and contractors immunity from Afghan law and extending U.S. military presence far beyond Obama’s 2014 pullout date.  The issue of immunity for U.S. troops has long been a point of contention for Afghans, who have faced a staggering civilian death toll, as well as high-profile massacres, including the 2012 Panjwai massacre, in which 16 Afghan civilians were gunned down and killed, and 6 wounded.”

https://www.commondreams.org/headline/2013/11/19-6

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City passes new ordinance, uproots FL couple’s 17-year-old garden

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“For the past 17 years they’ve grown a garden in the front yard of their modest South Florida home. The backyard, they say, doesn’t get enough sunlight.  But in May, the city put the couple’s garden, and any others like it, in their legal crosshairs.  A new zoning ordinance designed to ‘protect the distinctive character of the Miami Shores Village,’ was enacted and specifically prohibited vegetables – not fruit, trees or even plastic flamingos – from appearing in front yards.  Shortly after, the couple received a visit from their local code enforcement officer. They were given two choices: Uproot the garden or pay a $50 per day fine to keep it.“

http://watchdog.org/116807/pure-manure-city-uproots-fl-couples-17-year-old-garden/

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Sobriety Checkpoints Paved Path to NSA Email Spying

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“Sobriety checkpoints and mandatory drug testing of student athletes and railroad workers are among the legal precedents justifying the U.S. government’s now-defunct and court-approved secret email metadata dragnet surveillance program, according to documents the authorities released late Monday.  The thousands of pages of records the President Barack Obama administration unveiled include the nation’s first opinion from a secret tribunal authorizing the government to obtain data from the ‘to,’ ‘from,’ ‘cc,’ and ‘bcc’ fields of all emails ‘to thwart terrorist attacks.'”

http://www.wired.com/threatlevel/2013/11/nsa-web-metadata/

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