Wednesday, December 22, 2010

New Rules: You and IRS This January

From the article:
These new IRS rules will affect every American:

• Income tax collection could rise as much as $345 billion a year

• Small businesses will be crushed and unemployment will rise
• A cashless economy is further set in motion
• IRS snooping and audits will increase
• Gold can be tracked
• Identity theft is a risk
• Government surveillance will increase

Monday, December 20, 2010

Majority of Americans Say Fed Should Be Reined In or Abolished, Poll Shows

Key quote from article:
Americans across the political spectrum say the Fed shouldn’t retain its current structure of independence. Asked if the central bank should be more accountable to Congress, left independent or abolished entirely, 39 percent said it should be held more accountable and 16 percent that it should be abolished. Only 37 percent favor the status quo.

Saturday, December 18, 2010

Tuesday, December 14, 2010

Friday, December 10, 2010

Monday, December 6, 2010

The Decline and Fall of the American Empire by Tom Engelhardt

From the article:

Trying to play down the significance of an ongoing WikiLeaks dump of more than 250,000 State Department documents, Secretary of Defense Robert Gates recently offered the following bit of Washington wisdom: "The fact is, governments deal with the United States because it's in their interest, not because they like us, not because they trust us, and not because they believe we can keep secrets... [S]ome governments deal with us because they fear us, some because they respect us, most because they need us. We are still essentially, as has been said before, the indispensable nation."

Now, wisdom like that certainly sounds sober; it’s definitely what passes for hardheaded geopolitical realism in our nation’s capital; and it's true, Gates is not the first top American official to call the U.S. "the indispensable nation"; nor do I doubt that he and many other inside-the-Beltway players are convinced of our global indispensability. The problem is that the news has almost weekly been undermining his version of realism, making it look ever more phantasmagorical. The ability of WikiLeaks, a tiny organization of activists, to thumb its cyber-nose at the global superpower, repeatedly shining a blaze of illumination on the penumbra of secrecy under which its political and military elite like to conduct their affairs, hasn’t helped one bit either. If our indispensability is, as yet, hardly questioned in Washington, elsewhere on the planet it’s another matter.

JP Morgan Silver Short-Selling Crash by Max Keiser

The campaign to buy silver and force JP Morgan into bankruptcy could work, because of the liabilities accrued by its short-selling.