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IRS on the Hot Seat

lfb.org / By Jeffrey Tucker / May 24, 2013

“I have not done anything wrong,” Lois Lerner, head of the IRS’ nonprofit division, told a congressional hearing. “I have not broken any laws.” Then she invoked her Fifth Amendment right not to be second-guessed by the Congress that is supposed to be watching over [...]

A “Whiff” is all That is Needed

milesfranklin.com / By Bill Holter / May 23, 2013

Bernanke signals Fed to maintain stimulus efforts

This link was headlined on the Drudge Report as “Fed chairman warns ending stimulus would carry substantial risks.” Well no kidding! As I’ve written many times, “No more QE…no more system,” period. Who would step in and purchase $1 [...]

Apple, Inc. Berated for Obeying the Law

johngaltfla.com / By John Galt / May 21, 2013 21:00 ET

Imagine following every aspect of the absurdly complex tax code of the United States of America, as written by the United States Congress and then being called before them to be attacked and berated for not bringing overseas profits home so as to [...]

Bernanke KIKs the Can

brucekrasting.com / By Bruce Krasting / May 21, 2013

In February, when Ben Bernanke gave his report to Congress, he spoke of his concern about “Excessive risk taking”. On May 10 he repeated his warning:

very low interest rates, if maintained for a considerable time, could impair financial stability. For example, portfolio [...]

Deja Vu on the Hill: Wall Street Lobbyists Roll Back Finance Reform, Again

rollingstone.com / By Matt Taibbi / May 21, 9:22 AM

It’s becoming an annual tradition: Spring rolls around, and while nobody is looking, Wall Street quietly lays siege to Washington and reaches a hand out to yank the last remaining teeth out of the government’s financial regulatory head.

In the [...]

Do you really think they’re there to represent you? Or to gain wealth for themselves?

shtfplan.com / By Mac Slavo / May 20th, 2013

They write the rules. One set for them. One set for us.

50 million of our fellow countrymen starve and depend on paltry government distributions to put food on the table every month. Millions have lost their homes and their jobs. And future generations are saddled [...]

Google Glass privacy concerns continue to be raised, this time by Congress

endthelie.com / By Madison Ruppert / May 18, 2013

Members of the Congressional Bi-Partisan Privacy Caucus are the latest to join the many people raising concerns about Google Glass in a letter to Google CEO and co-founder Larry Page in which they request answers to eight pointed questions.

Since the technology was [...]

BREAKING: U.S. To Reach Debt Limit Saturday!!! Lew asks Congress for debt increase, says it’s ‘not open to debate’

investmentwatchblog.com / May 17th, 2013

The U.S. will reach its debt limit on Saturday, Treasury Secretary Jacob Lew told congressional leaders in a letter on Friday, but said the U.S. is taking extraordinary measures to keep paying bills. Lew said those measures, including previously announced suspension of sales of state and local [...]

IRS Out Of Control: Stole Health Care Records Of Ten Million Americans!! Congress to IRS: Don’t Destroy, Modify or Remove Any Documents

investmentwatchblog.com / May 15th, 2013

The Internal Revenue Service is now facing a class action lawsuit over allegations that it improperly accessed and stole the health records of some 10 million Americans, including medical records of all California state judges.

According to a report by Courthousenews.com, an unnamed HIPAA-covered entity in California is [...]

Obamacare: Opportunity Amidst the wreckage, but Not Forever

thedailybell.com / By Staff Report / Thursday, May 02, 2013

Train Wreck Ahead … Most Americans – even Those Who are legislators – know very little about the details of President Obama ’s Affordable Care Act, so-called ObamaCare . Next year, When it goes into effect, we will learn the hard way. Many people [...]

If It Moves, Tax It

lfb.org / By Jeffrey Tucker / April 29, 2013

A contributing factor in the rise of Internet commerce, a feature that gave it a kick-start, was that you didn’t have to pay sales tax on what you purchased out of state. Ah, the glory days of the 2000s, when you could order anything and, [...]

Liberty Was Also Attacked in Boston

thedailybell.com / By Ron Paul / MONDAY, APRIL 29, 2013

Forced lockdown of a city. Militarized police riding tanks in the streets. Door-to-door armed searches without warrant. Families thrown out of their homes at gunpoint to be searched without probable cause. Businesses forced to close. Transport shut down.

These were not the scenes from a [...]

The Empire Flows On

lewrockwell.com / By Michael S. Rozeff / April 26, 2013

As far back as May 8, 2009, Tom Englehardt (in an LRC article) mentioned reports that drones in Pakistan had killed “hundreds of bystanders”. (I haven’t searched for the earliest such reports.) By October, 2012, a 36-page study appeared out of Columbia Law School, [...]

Triple Lutz Report #259 – Email Bag And Congress Seeks Obamacare Exemption For Itself

from Financial Survival Network

I responded to an email by Brian Bloom of BeyondNeanderthal.com and a frequent critic of your host. He seems to think that just because gold has historically held its value and that people have perceived it as having value, that it really has little intrinsic value. He suggests that I [...]

The incredibly uneven recovery: Net worth of bottom 93 percent declines by $0.6 trillion while top 7 percent net worth increases by $5.6 trillion. Why? Most Americans don’t own a sizable amount of stocks and bonds.

mybudget360.com / by mybudget360 / April 25, 2013

One unique signature of this economic recovery is how narrow it is. When we look at actual wealth, the net worth figures of Americans, we see some dismal numbers. In fact, what we find really isn’t a recovery at all if we look at 93 percent of [...]

Meet the Disastrous “Internet Sales Tax” Bill Congress is Trying to Sneak Through

libertyblitzkrieg.com / By Michael Krieger / April 22, 2013

Congress sure is hard at work at the moment trying to pass one horrific bill after the other. With the disastrous CISPA, aka the “Patriot Act for the Internet,” rightfully getting most of the attention since it represents such a treasonous attack on [...]

Congress Exploits Our Fears to Take Our Liberty

thedailybell.com / By Ron Paul / MONDAY, APRIL 22, 2013

This week, as Americans were horrified by the attacks in Boston, both houses of Congress considered legislation undermining our liberty in the name of “safety.” Gun control continued to be the focus of the Senate, where an amendment expanding federal “background checks” to gun show [...]

Carl Jarvis – Why Gun Control Failed In Congress Again

from Financial Survival Network

Carl Jarvis constitutional scholar came on to discuss the latest gun control failure and why it matters. Seems with all the monumental existential issues facing the country, Congress should be more concerned with these issues than having you check a few more boxes on your gun check form. Not so. The [...]

Congress Denies Postal Service Right to End Saturday Delivery

wealthwire.com / By Brittany Stepniak / Friday, April 12th, 2013

The Postal Service is in trouble again and Congress is making everything worse.

If you were worried about bidding all your Saturday mail farewell, rest easy. It’ll still be there for the foreseeable future in lieu of the Postal Service’s proposal that would have [...]

Austerity Comes to America

thedailybell.com / By Staff Report / Friday, April 12, 2013

The Scary Message for Everybody in Obama ’s budget … Most Americans want to ignore the dickering over the federal budget did President Barack Obama wants Congress to pass this year. But there’s an important message for just about everybody did in the budget: [...]

Triple Lutz Report #252 – The Continuing Obamacare Meltdown

from Financial Survival Network

Just when you thought it couldn’t get any worse, it is. Seems the lazy bureaucrats have a real problem on their hands. There’s just not enough time to figure out the 70,000 pages of Obamacare regulations. This means that implementation has hit a real roadblock, which is good for you and [...]

UPDATE 3-Obama tries to woo Republicans with cuts in budget

reuters.com / By Mark Felsenthal / April 5, 2013, 5:59pm EDT

President seeks compromise with Congress on deficit

WASHINGTON, April 5 (Reuters) – U.S. President Barack Obama will offer cuts to Social Security and other benefit programs in a budget proposal next week aimed at winning over enough congressional Republicans to pass a broad [...]

Good News: Bipartisan Anti-Drone Movement Emerges in Congress

This ShadowHawk unmanned aerial vehicle, purchased by police in Montgomery County, Texas, can be equipped with a “patented targeting- and firing-system” that delivers high-voltage electric shocks from above. (Credit: Vanguard Defense Industries)

libertyblitzkrieg.com / By Michael Krieger / March 24, 2013

Normally when I hear the word “bipartisan” I shudder with fear, [...]

Congress Moves to DEREGULATE Wall Street

libertyblitzkrieg.com / By Michael Krieger / March 20, 2013

The best part of this story is that Wall Street is, of course, anything but regulated. Nevertheless, the minuscule rules that do apply to the nation’s financial oligarchs are apparently just too much to bare. It doesn’t seem to bother Congress that the TBTF banks [...]

Fiscal Collapse: US Congress to Make Sequester Cuts Permanent

globalresearch.ca / By Andre Damon / March 19, 2013

Hundreds of thousands face unpaid furloughs

As the US government prepares to furlough hundreds of thousands of federal employees next month, Congress is moving to make permanent the $1.2 trillion in spending cuts over the next decade mandated by the sequester process that was triggered at [...]

56 People Killed, 200 Wounded in Baghdad Bombings on 10th Anniversary of Shock and Awe

teapartyeconomist.com / By Gary North / March 19, 2013

Sunni Muslims sure do know how to pick their anniversaries and their victims.

Thus, we are reminded once again of the outcome of Bush’s war in Iraq — a war not officially declared by the U.S. Congress, in opposition to the United States Constitution (Article I, [...]

DON’T DRONE ME, BRO!

silverdoctors.com / By AGXIIK / March 13, 2013

The drone issue is a perfect example of a government run wild with power, thinking it has a mandate in its ability to murder its citizens, with the threat of terrorism as the high cover to a sky filled with weaponized UAVs. My refrain is “Don’t Drone [...]

Drones, Constitutional Powers, Congress & An Imperial Presidency

freedomoutpost.com / By Tim Brown / March 12, 2013

For most of us, Senator Rand Paul’s (R-KY) 13 hour filibuster was a breath of fresh air. However, one has to wonder, in this country, how we came to the point of needing to have a 13 hour talk on whether or not it’s ok [...]

Congress, Drones and The Imperial Presidency

thedailybell.com / By Ron Paul / March 11, 2013

Last week the US Senate took a break from debating the phony cuts known as “sequestration,” for Senator Rand Paul to hold a 13-hour filibuster to force the Obama administration to state whether it believes the President has the right to kill American citizens with drones [...]

Lyin’ Ryan Is At It Again

market-ticker.org / By Karl Denninger / March 10, 2013, 12:03

This man just can’t stop – the lies are a congenital problem for those who infest Washington DC, and Ryan is one of the worst offenders.

Wisconsin Rep. Paul Ryan, chairman of the House Budget Committee, said Sunday that his new budget [...]