A monumental shift is about to take place... and it could mean big profits for smart investors. It all has to do with a little-known treaty signed decades ago. And while Barack Obama's White House wants to renew this treaty, Vladimir Putin and his cronies have stated that it's not going to happen.
We have perhaps given Obama and his Democrat allies too much credit. Perhaps the exercise in playacting and number smirching isn’t acting or accounting to fool the rest of us. But rather to fool themselves in the same way Miley Cyrus fools herself.
Davos Man (it’s almost always man except for a few token women) has gone to a highly prestigious university, is extremely influential, and is extremely powerful. They do not think of themselves as part of the human race; they are above the human race. C.S. Lewis writes about them in The Abolition of Man.
The rule by the EPA will effectively make it impossible to construct – and in some cases even maintain – coal fired power plants; with virtually no promised benefit to the environment, or the economy. . . And that's just according to the EPA analysis of the proposed rule.
I was surprised when I found out that Gene Simmons, the lead singer for Kiss, stated that, “Capitalism is the best thing that ever happened to human beings. The welfare state sounds wonderful but it doesn’t work.”
The Case Schiller home price report came out this past week and was up over 12% again but this is not the good news as it appears.
Economic idiots blanket the California and Illinois state legislatures and the results are easy to spot. Illinois and California are two of the most economically distressed states, with the worst improvements in the unemployment rate during the recovery.
While Gitmo houses 164 inmates who are eager to harm Americans, a group of left-leaning lawyers (colloquially dubbed the “terrorist bar”) is working earnestly on behalf of the Gitmo detainees. These groups include representatives of the American Bar Association, the American Civil Liberties Union, Amnesty International, Human Rights Watch and Human Rights First.
How many times can Republicans cry "wolf" on a government shutdown and have the call be believed? Of course mainstream media, especially the Washington Post is ready to go along with the hype, effectively creating a story where there is none.
I viscerally object to the notion that good people should pay bad people not to do bad things.
With over $100 trillion in future unfunded liabilities, only a public servant that is comically divorced from reality would suggest that “there are no more cuts to make.” Especially when the nation prepares for the implementation of, yet another, multi-trillion-dollar government dependency program – Obamacare.
Even with Trader Joe's promised extra check for $500, she would still find herself at least $240.48 in the hole compared to today, unless she accepts lesser health insurance coverage that requires her to pay a much larger percentage of her health care costs
When the government rationing of care commences as most critics of Obamacare expect to see, (as we already see in countries with socialized healthcare like Great Britain and Canada), expect that those with political connections will move to the top of the list.
You may be thinking, “so what, they have their bad laws and we have our good laws.” But it seems at least some Brits want to disarm not just their own citizens, but Americans as well.
Income growth since 1968 is nearly all inflation. Closer scrutiny shows "real" income growth has been negative since the year 2000.
The Centennial Monetary Commission calls for a bipartisan, bicameral, commission. It contemplates an empirical assessment of the outcomes of various monetary policies engaged by the Federal Reserve System. It is not an exercise in Fed bashing. It is an exercise in objective empiricism.
Heaven forbid that any baby steps towards normalization reduce "excess liquidity" causing interest rates to rise, either in the US or Eurozone.
One of the most respected hacking groups in the world has apparently successfully hacked Apple’s Touch ID fingerprint scanner, causing embarrassment to Apple.
Sadly, most of what's past for financial reform has been useless or outright harmful. The hours put into financial reform should not be our measure of success, but rather the effectiveness of those reforms and their actual relationship to the causes of the financial crisis.
So while England’s big-government approach puts people on waiting lines and causes needless deaths, America’s big-government approach causes third-party payer which cripples the free market and leads to high prices and inefficiency.
"What would a future without fractional-reserve banking look like?"
Anticipating the upward market move that would accompany such a policy adjustment, could select investors have been buying up stocks at comparatively low prices in advance of the announcement, driving up stock prices in such a way that they were really communicating that the Fed would keep the status quo with its QE program?
Recipients are being charged for a hamburger, they’re getting a hamburger, but taxpayers (the ones who make up the funding gap) are being charged for a steak.
Civil disobedience today isn’t just a right given to us by our Creator, but a duty for those who wish to re-establish a government of laws, not men.
There has been a shift within the last few months within the GOP as well as the Democrat parties. Both know that the American people do not like Obamacare. Every day they see what is coming at them, and they are voicing their concerns to Congress.
I would like to believe that, having been badly burned in recent years, the Gallup poll reflects a growing recognition by the public that there is no Wizard of Oz residing in Washington.
Does anyone find a state-sponsored cartoon with the lyrics "Long Live Oregonians" ironic as assisted suicide in Oregon hit an all-time high in 2012? The scary thing is that this could get even get MORE Orwellian. Thanks Obamacare.
In the war on coal, the war on energy, the war on jobs, the war on the economy—there’ve been no pin-pricks. It is a full on assault.
The highest costs are over $60,000 per year. And that is just tuition and books, not just room and board.
What would the IBAP say about the money I spend on Rimadyl, or the GALLONS of Nature’s Miracle I clean my carpet with, or special food I give her? She’s 100 years old, in dog years. She’s lived a good life, and I have other dogs, so why bother?
Politicians will then direct doctors and others to collect information that the government shouldn’t possess.
If the checking we've done with other sources is any indication, our tool turns out to be surprisingly accurate. And although it's not designed to do this particular math, we've validated the "loss-of-subsidy" effect on the out-of-pocket cost of health insurance for making one penny more than ObamaCare's subsidy eligibility level that CNBC described.
The Islamist militant groups have been trying to establish control of the border towns for a year, but today they finally had some success, at least for a while.
Harry Reid was the 'Ezra Klein is an Idiot' award winner this week when he regaled the Senate with a fascinating story (yawn) about how he likes to relax by grocery shopping. He even knows what $4.00 or $4.50 will buy at the Ritz Carlton gift shop!
Moody's Puts Puerto Rico on Downgrade to Junk Review Citing Very High Debt, Pension Obligations, Chronic Deficits; Exodus Underway | Mike Shedlock
Radical Capitalism: A remote Indonesian village runs its own telecommunications company. (From a laptop and a tree) | Nick Sorrentino
Open Letter to Obama and Congress From Internet Giants Calls For Reining In Government Surveillance | Nick Sorrentino
(An important interview) Saving the Net from the surveillance state (And Crony Media): Glenn Greenwald speaks up (Q&A) | Nick Sorrentino