Marine Officer of 27 Years Blasts Two Party System

Quick but powerful video here.  Major Christopher Miller who served his country bravely for 27 years as a marine stands up at the Missouri GOP Congressional District Convention to attack the red team/blue team farce that is America’s political system today and voices his support for Ron Paul.  He also blasts the pointless wars, no … Read more

Are Pawn Shops Running Out of Gold?

My Two Cents: Last Thursday, EZCORP Inc., a pawn shop owner and operator in the United States, reported earnings and in that release they had some very interesting things to say that relate to the gold market.  Take this line from their press release where they discuss why they are lowering guidance. This revision in … Read more

Tom Friedman Begs for More Government Power in Latest Op Ed

My Two Cents:  Ten years ago I actually liked Tom Friedman.  Perhaps it was because of my sheeple state or perhaps it was because I thought From Beirut to Jerusalem was a great book.  In any event, in recent years I have come to really dislike the man.  What initially made me annoyed with him was his complete lack of understanding of how the global financial and monetary system functions, yet his consistent platitudes on how economies and governments should work without understanding the real macro backdrop of it all.  I have also noticed he tends to salivate about more government power and his latest from the NY Times does that in spades.  While I totally agree that special interest groups and lobbyists have way to much influence on policy, at the end of the day it is the politicians that choose to take the payoffs.  Furthermore, he states that there are so many checks and balances nothing can get done!  Really?  It seems they have no problems passing things like the NDAA that allows for the indefinite detention of American citizens without a trial.  Or what about the provision in the recently passed Senate Bill 1813 that will permit the U.S. government to take away your passport if the IRS claims you might be doing something wrong.  Oh and this same bill also mandates black boxes in all new cars. It seems to me that Constitution shredding legislation flies right through, but yeah Friedman we need more government power.  I think you’ve spent too much time in the Middle East pal.

Friedman disturbingly asks: has American gone from a democracy to a “vetocracy” — from a system designed to prevent anyone in government from amassing too much power to a system in which no one can aggregate enough power to make any important decisions at all?

Then of course he takes a shot at the Internet and blogosphere for making it harder for shady political deals: In addition, the Internet, the blogosphere and C-Span’s coverage of the workings of the House and Senate have made every lawmaker more transparent — making back-room deals by lawmakers less possible and public posturing the 24/7 norm.

The he quotes historian Frank Fukuyama as if this guy is the be all end all of political discussion: If we are to get out of our present paralysis, we need not only strong leadership, but changes in institutional rules,” argues Fukuyama. These would include eliminating senatorial holds and the filibuster for routine legislation and having budgets drawn up by a much smaller supercommittee of legislators — like those that handle military base closings — with “heavy technocratic input from a nonpartisan agency like the Congressional Budget Office.”

Did you notice that too?  Heavy technocratic input.  Remember that word and don’t forget it.  It means unelected.  Greece and Italy have technocratic unelected bankster heads of state and believe me that is the plan for here as well.

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Anonymous Letter to Senator Shelby…Gotta Read This One

So I received the following email from a reader in Alabama and he gave me the go ahead to post it anonymously.  This is what we are dealing with.  We need to start getting much more involved and active and hold these people’s feet to the fire. Every second of every minute of every day.  … Read more

Welcome to Liberty Blitzkrieg

He said to his friend, “If the British march By land or sea from the town tonight, Hang a lantern aloft in the belfry arch Of the North Church tower as a signal light, One if by land, and two if by sea; And I on the opposite shore will be, Ready to ride and … Read more

American Airlines Cuts 1,200 More Jobs – Welcome to the Recovery!

My Two Cents:  Although the article is not clear, it appears that a certain amount of these jobs will be replaced with outsourced (ie, cheaper) workers.  This is just part of a larger structural trend that many have discussed regarding the fact (which is evident from tax receipts) that the jobs being “created” are increasingly lower paid or part-time.  While I have no … Read more

The Spanish King Hunts Elephants While Madrid Burns

My Two Cents:  In a modern twist on Nero’s fiddling, the Spanish King, Juan Carlos, was caught elephant hunting in Botswana while the Spanish bond market imploded.  The best part is he would never have even been caught if not for the fact that his royal ass fell out of bed and he broke his hip.  Not only was he was … Read more

This is What Student Debt Slavery Looks Like

My Two Cents:  This very short article from Bloomberg is self-explanatory.  Since 2001 tuition has grown 57% on an inflation-adjusted basis while the average wage for for an American between the ages of 25-34 has DECLINED 7% according to Brockhouse & Cooper.  Let’s also not forget that you cannot declare bankruptcy on student debt.  It follows you around for the … Read more

Argentina’s Government Blitzkrieg on its Citizens Has Begun

My Two Cents:  As things get worse for governments around the world they will all increasingly do what they do best: Scapegoat and Steal.  While everyone by now is aware of Argentina’s government expropriation of 51% of oil and gas company YPF, less people are aware of the impact this will have on the billionaire Eskenazi family.  As a result of the seizure … Read more

Argentina’s Central Bank President Says Printing Money Doesn’t Cause Inflation

My Two Cents:  This is a bit dated but it pretty much sums up why the world is doomed.  From the MercoPress… Key quotes: The banker added that “it is totally false to say that printing more money generates inflation, price increases are generated by other phenomena like supply and external sector’s behaviour.” “We’re recovering … Read more