Tag Archives: Bullshit Artists

Pelosi booed at Netroots while defending espionage charges against Snowden

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“A man identified by Politico as 57-year-old Marc Perkel can be heard shouting, ‘It’s not a balance. It’s not constitutional! No more secret laws!’ Perkel was ejected from the room by security, while other audience members shouted for him to be left alone. Shortly thereafter, loud boos can be heard coming from the audience after she said former NSA contractor Edward Snowden ‘did violate the law’ in releasing details about NSA programs like PRISM.  Pelosi also defended President Barack Obama against charges that the surveillance of private residents’ phone and internet use constituted a ‘fourth term’ for his predecessor, George W. Bush.”

http://www.rawstory.com/rs/2013/06/22/pelosi-booed-at-netroots-while-defending-espionage-charges-against-snowden/

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Ron Paul on Cavuto 6/19/2013

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Ron Paul on Cavuto 6/19/2013

“Ron Paul talks about the Federal Reserve on Fox Business.”

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The Never-Ending Story of Government Cost Overruns

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“Why does virtually everything the government does cost more than we’re initially told? In 2009, for instance, I warned that Obamacare would be much more costly than advertised, so I certainly wasn’t surprised several years later when the numbers began to climb.  Heck, I narrated an entire video warning that this would happen.  There are probably an infinite number of reasons why government programs wind up being needlessly expensive, but I think most of them fall into these four broad categories.”

http://danieljmitchell.wordpress.com/2013/06/21/the-never-ending-story-of-government-cost-overruns/

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Investors Say: “Mises Was Right!”

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“Bernanke made a comment about the possibility of changing this policy later in 2013, but only if the economy continues to grow. The financial media headlined this statement. Stock markets immediately tanked. Why? Because investors believe that the world’s economic recovery is dependent on the $1 trillion counterfeiting operation, no matter what the general economic statistical indicators say. They do not trust the FOMC’s judgment in assessing these indicators. They do not trust anything except counterfeit money.  In short, they are becoming implicit Austrian School economists. They see that mass monetary inflation has rigged the capital markets.”

http://teapartyeconomist.com/2013/06/20/investors-say-mises-was-right/

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This Graph Shows How Bad the Fed is at Predicting the Future

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“Ben Bernanke and the Fed are out with their latest happy talk economic projections. They project the economy will grow by 2.3 to 2.6 percent, in real terms, in the fourth quarter of 2013 relative to the fourth quarter of 2012. That speeds up to 3.0 to 3.5 percent in 2014 and 2.9 to 3.6 percent in 2015. Unemployment also is projected to fall, hitting 5.8 to 6.2 percent in 2015, all while inflation stays below 2 percent.  The chart put together by WaPo shows how abysmal the Fed’s actual forecasts have been (and this is not counting the Fed missing the housing crash or the overall financial crisis).”

http://www.economicpolicyjournal.com/2013/06/this-graph-shows-how-bad-fed-is-at.html

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Ron Paul: NSA head ‘fudged the figures’

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“The Texas Republican was referencing the House Intelligence Committee hearing Tuesday where National Security Agency Director Keith Alexander said communication surveillance programs have thwarted more than 50 ‘potential terrorist events’. Paul also wasn’t amused by the NSA trying to pass the intrusions off as an attempt to save Americans and the American way of life. ‘It’s sort of like the old story about you have to burn the village to save the village. They want to burn the Constitution to save the Constitution,’ he said. ‘And even today, [James] Cole, the Deputy Attorney General says, the Fourth Amendment doesn’t apply to this.'”

http://www.politico.com/story/2013/06/ron-paul-nsa-head-fudged-the-figures-93000.html

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They Think You’re Naïve…

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“When it comes to the financial markets, Bernanke is, without a question, the most powerful man in the world. On May 22, he suggested that the Fed may soon reduce the size of its money-printing program, known as QE. Since then, the market has experienced a small meltdown. More than $2.5 trillion has already been erased from the value of global equities. Some analysts think the Fed announcing the end of QE would be a good thing. They think it would indicate the Fed is confident the economy is strong enough to operate without stimulus. The only problem is the Fed is thinking about ending QE for a reason that has nothing to do with healthy economic growth.”

http://sovereign-investor.com/2013/06/17/they-think-youre-naive/

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Obama Says Bernanke Has Been at Fed ‘Longer Than He Wanted’

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“President Barack Obama said Federal Reserve Chairman Ben S. Bernanke has stayed in his post ‘longer than he wanted,’ one of the clearest signals the central bank chief will leave when his current term expires next year.  ‘Ben Bernanke’s done an outstanding job,’ Obama said in an interview with Charlie Rose that aired yesterday on PBS, when asked about nominating him for another term subject to Senate approval. ‘He’s already stayed a lot longer than he wanted or he was supposed to.'”

http://www.bloomberg.com/news/2013-06-18/obama-says-bernanke-fed-term-lasting-longer-than-he-wanted-1-.html

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Obama on prosecuting Edward Snowden: I will leave it up to the Department of Justice

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“Barack Obama addressed what he described as the public ‘ruckus’ over the leaked National Security Agency surveillance documents on Monday, indicating that the US authorities would pursue extradition from Hong Kong of the whistleblower Edward Snowden.  Obama did not offer any more details about the process in his PBS interview.  Instead, he addressed criticism that he has shifted a long way from the liberal positions he championed during his 2008 White House race.  Obama said: ‘My concern has always been not that we shouldn’t do intelligence gathering to prevent terrorism, but rather are we setting up a system of checks and balances.'”

http://www.rawstory.com/rs/2013/06/17/obama-on-prosecuting-edward-snowden-i-will-leave-it-up-to-the-department-of-justice/

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Smell of marijuana: Who needs a search warrant when police use their nose?

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“The ability to conduct warrantless searches based on the smell of marijuana has faced some challenges.  In Florida, recent cases in Sarasota and Pinellas County have cast doubt on some officers’ claims they were able to smell the marijuana cited in their probable cause affidavits and search warrant applications. And in Massachusetts, where voters decriminalized small amounts of marijuana in 2008, a state court struck down the ability to smell and search in 2011. Defense attorneys argue that youths and minorities are targeted disproportionately and say that because the search relies solely on an officer’s word, it’s prone to misconduct.”

http://www.orlandosentinel.com/fl-marijuana-probable-cause-20130605,0,4896946,full.story

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