What Price Inflation? … Ask Wall Street Party Organizers

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“As doves, these two top bankers, Mark Carney and Janet Yellen, are getting ready to continue monetary stimulation, which, in turn, feeds securities markets. While markets may be volatile, the chances of stock markets crashing fundamentally while the money spigots are turned on are questionable, at least in the short term. And now, just to make sure there can be no doubts regarding investing, the British Office for National Statistics is explaining in triumphant tones that inflation is ‘cooling.'”

http://www.thedailybell.com/news-analysis/34930/What-Price-Inflation–Ask-Wall-Street-Party-Organizers/

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Stalemate in US-Germany talks over ‘no spy’ agreement – report

“The US and German security agencies have reportedly stumbled over a bilateral treaty which would stop the US spying on the German government. According to local media reports, Washington has failed to meet Berlin’s key demands.  Tuesday’s edition of Süddeutsche Zeitung daily came out with the headline ‘The Americans lied to us’. The German daily was quoting an unnamed high-ranking local official who claimed that even in the wake of the recent scandal, when it emerged that the NSA had been tapping the mobile telephone of German Chancellor Angela Merkel, the White House would not promise to stop listening to German politicians’ phone calls.”

http://rt.com/news/talks-spy-agreement-stalemate-583/

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Cold shock: Warming up your car illegal!

“The shocking news of state and local regulations that make it illegal to warm up your frozen car is hitting home in Texas, Maryland, Ohio, West Virginia, Colorado, Wisconsin, South Carolina – even some cities in Minnesota.  Who knew it could be illegal to run back inside while your car is warming up in winter – in a practice sometimes called ‘puffing’?  Many Americans are getting first-hand experience this brutal winter with the latest manifestation of what some call the ‘Nanny State.’  The reason for such laws is usually linked with the increased threat of vehicles being stolen – and some of them carry hefty fines for enticing car thieves to commit their crimes.”

http://www.wnd.com/2014/01/cold-shock-warming-up-your-car-illegal/

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Toilet paper shortage because ‘Venezuelans are eating more’: govt

“The head of Venezuela’s stats office, INE, Elias Eljuri came up with the argument on revealing that the latest households’ budget poll showed that Venezuelans now ‘were having three meals a day and even more’.  According to the survey released by Eljuri, ‘95% of the Venezuelan population, estimated in 29 million, now feed three to four times a day’.  The poll triggered an immediate reaction of anger and fits of laughter in the country transformed by the Bolivarian revolution.  On the one side people were furious because INE released the information in the midst of one of the moments of greatest scarcity with supermarket shelves virtually empty.”

http://en.mercopress.com/2013/05/24/toilet-paper-shortage-is-because-venezuelans-are-eating-more-argues-the-government

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Banking group sceptical about bitcoin’s future; it’s ‘inherently fragile’

“The report by the International Institute of Finance, which represents more than 450 banks and financial institutions, said more regulation of bitcoin exchanges and transactions could strengthen its legitimacy among consumers and ease regulators’ doubts about it.  Said the report, its functionality and ultimate success ‘is determined by programmers – and their goodwill is taken for granted’.  Thus the IIF characterised bitcoin as effectively a ‘fiduciary currency’ with no intrinsic value. ‘Despite bitcoin’s ‘ingenious features’, it cannot provide a currency of stable value, and its use as a broadly accepted medium of exchange appears limited,’ the report concluded.”

http://www.scmp.com/business/banking-finance/article/1402262/banking-group-sceptical-about-bitcoins-future-calling

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Feds Order 14 Million Potassium Iodide Tablets, Refuse Comment

“The largest order in history is being planned by the federal government.  PI is given in preparation for radiation poisoning.  The dose size of the ordered tablets: 65mg.  Deadline for delivery: February 1.  With the Web filled with recent stories of Fukushima leaks, this is not a good time for the government to do this, right? It might make people wonder what is going on.  There must be a good explanation, right? So, this reporter called to ask. Watch the video, 3 minutes in, for the official answer.”

http://teapartyeconomist.com/2014/01/06/fedgov-orders-14000000-tablets-potassium-iodide-pi-prevents-cancer-due-radiation/

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Price of Gold Part of a Larger ‘Party’ Pattern?

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“This article cites over-production of gold as a key factor in currency appreciation against the yellow metal. And yet the ongoing reported lines of gold buyers in China and India provide us with an alternative reality, one that seems to contradict the oversupply argument. We are told as well that the expansion of the Fed ‘taper’ has put downward pressure on gold but the taper is a relative latecomer. Gold collapsed a while ago. We are informed that the sell-off was merely a market phenomenon. Maybe, and yet we are not convinced … We note that gold price manipulation is now formally under investigation in London and that the price of gold is ‘set’ by traders and banks rather than by the market.”

http://www.thedailybell.com/news-analysis/34873/Price-of-Gold-Part-of-a-Larger-Party-Pattern/

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Support for ObamaCare Falls to 35%.

“As a symbolic gesture, President Obama has signed up for ObamaCare — a bronze plan. He signed up on the Washington, D.C. site. He did not try to sign up on the federal government’s problem-plagued healthcare site. The policy will cost $4,800 a year. It covers only him, not his family. In short, it’s a rotten policy. For $4,800 a year, he buys a policy with a $4,300 deductible.  If the White House thinks a policy like this is the fulfillment of a dream for low-income families, he is living in fantasy land.  Meanwhile, Senate Majority leader Harry Reid says that ObamaCare is going to be a blessing to Democrats running for re-election in November. He is sure of this.”

http://teapartyeconomist.com/2013/12/24/support-obamacare-falls-35/

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Now China … Reasons for Printing Money Abound

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“The tightening talk we’re listening to is just for public consumption. The whole system of recovery is based on equity appreciation stimulating employment (which it does ineffectively at best). The big central banks around the world are all pumping money in unison. We will always be told that bankers are concernedly moderating money flows. But then, at the first sign of trouble, the taps are turned back on. In fact, they are never REALLY turned off. And there will always be a reason to push the volume of money even higher. They are planning a big Wall Street Party. The top men always seem to find reasons to print more. Until the world is swimming in currency.”

http://www.thedailybell.com/news-analysis/34866/Now-China–Reasons-for-Printing-Money-Abound/

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E-cigarettes to be banned under Oklahoma governor’s executive order

“Fallin said she’s trying to protect state employees and visitors.  ‘E-cigarettes release vapor that contains chemicals that can impact employees and visitors to state property,’ she said. ‘Additionally, many electronic cigarettes look like traditional cigarettes and emit a vapor that looks like smoke. This creates confusion for employees and visitors, and presents enforcement challenges for state agencies.  ‘If you’re a state employee who smokes or uses e-cigarettes, I encourage you to make quitting your New Year’s resolution,’ she said. ‘We have resources at your disposal to help you quit.'”

http://newsok.com/article/3917361

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