First it was Texas. Then five other states - Louisiana, Alabama, Arkansas, Indiana, and Michigan - followed in refusing to admit any Syrian refugees. It has since became an avalanche, and at last check, at least 27 states - represented by more than half the nation's governors - say they oppose letting Syrian refugees into their states.
If the Fed raises the short-term interest rates next month, it will do so only as a token. And it will continue doing so only as long as it has no negative effect on asset prices. Higher rates, in other words, will only happen as long as – and only insofar as – they are irrelevant. Should higher rates begin to do the work of tightening credit, as they are supposed to, the Fed will back off and fly to the aid of Wall Street and fellow bankers coast to coast. They have rigged the system to function on fraudulently low interest rates; now the fraud has gotten into its bones. The economy – especially the Wall Street economy – depends on cheap money. It will fall in a heap without it.
The United States still plans to try to admit 10,000 Syrian refugees into the country in the coming year, the State Department said on Monday as the weekend attacks in Paris renewed scrutiny on Syrian migrants. But not just anyone: according to the US State Department, the US will only accept "carefully vetted" Syrian refugees...
"Given the tragic attacks in Paris and the threats we have already seen, Texas cannot participate in any program that will result in Syrian refugees - any one of whom could be connected to terrorism - being resettled in Texas,"
Rooftop Solar Poses a Threat to the Utilities’ Century-Old Business Model of Centralized Power … So They’re Trying to Make Solar Much More Expensive
While "innocent until proven guilty" is all well and good, when it comes to electing officials, one would hope the voting public is at minimum curious when the official is facing murder and drug charges. Meet Robert "Coop" Battle, East Chicago, Indiana's newly-elected 3rd District Councilman, who spent election day in the Lake County jail...
"We have long lines, but they're patient with it because Illinois is not paying. They're all coming here and saying, 'I'm from Illinois, how do you play it here?'"
"Smaller Suppliers Will Go Out Of Business": Hail Mary Time For Wal-Mart, As Vendors Pushed To BrinkSubmitted by Tyler Durden on 10/26/2015 08:30 -0500
It's crunch time for Wal-Mart as the iconic retail behemoth struggles to cope with the fallout from a move to spend billions on wage hikes for its meagerly compensated hourly employees. In order to avoid passing on rising labor costs to customers, the company has set its sights on the supply chain where some smaller vendors now say they're being driven out of business entirely.
When it comes to “prepping”, many among the elite take things to an entirely different level.
Most of you will be quite familiar with Peter Schiff. Fewer of you will know much about his father, Irwin Schiff, who was posthumously referred to as the “grandfather of the contemporary tax protest movement” in Forbes. Irwin was treated very poorly by his own country, particularly toward the end of his life when, despite being legally blind and dying of cancer, he was not permitted to die in peace amongst family members.
Is it ever legal to shoot cops? A growing number of states are passing laws that say that yes, in fact, sometimes it is well within a citizen’s rights to shoot a police officer.
During the "recovery" from the Great Recession, the land of Lincoln had more people enter the food-stamps program than start jobs. Food-stamps growth in Illinois has outpaced jobs creation by a 5-4 margin... and stunningly, has put 25 people on food stamps for every manufacturing job created during the recession recovery.
This Is "Getting Really Ugly, Really Fast": Two Thirds Of Recent Graduates Say US College Education Is A RipoffSubmitted by Tyler Durden on 09/29/2015 17:20 -0500
"When you look at recent graduates with student loans it gets really ugly, really fast. If alumni don’t feel they’re getting their money’s worth, we risk this tidal wave of demand for higher education crashing down."
Every dictator knows that a continuous state of emergency is the best means to justify tyrannical policies. The trick is to keep the fictitious emergency from breeding so much paranoia that routine activities come to a halt. Many have discovered that its best to make the threat external, intangible and ultimately, unverifiable. In Orwell's 1984 the preferred mantra was "We've always been at war with Eurasia," even though everyone knew it wasn't true. In its rate decision this week the Federal Reserve, adopted a similar approach and conjured up an external threat to maintain a policy that is becoming increasingly absurd.