How can the government be telling us that we are nearly at “full employment” when so many people can’t find work? Could it be possible that the government numbers are misleading? It is our contention that the official “unemployment rate” has become so politicized and so manipulated that it is essentially meaningless at this point.
Another best seller?
While Russia's envoy to NATO notes that statements by the deputy head of NATO testify to the fact that the leaders of the bloc want to intervene in Russia’s internal politics, and are "dreaming of Russian Maidan," Washington has a bigger problem... Germany. As Der Spiegel reports, while US President Obama 'supports' Chancellor Merkel's efforts at finding a diplomatic solution to the Ukraine crisis, hawks in Washington seem determined to torpedo Berlin's approach. And NATO's top commander in Europe hasn't been helping either with sources in the Chancellery have referred to Breedlove's comments as "dangerous propaganda."
In what could be a prelude to a Presidential run in 2016, on Friday Joe Biden released to the public both e-mails that he has written while serving as Vice-President for the past six years...
"There’s Going To Be Chaos" - What Is The Worst-Case Outcome Of Today's Supreme Court Obamacare HearingSubmitted by Tyler Durden on 03/04/2015 21:18 -0400
Today, for the second time since 2012, the fate of Obamacare lies in the hands of the Supreme Court, and like last time, it will likely be all about Justice John Roberts ' decision. Later today, the US Supreme Court will hear oral arguments in the case of King v. Burwell, the latest challenge to Obamacare, and one that could potentially leave it gutted from an unexpected direction. As a result, nearly eight million Americans could lose their health insurance depending on how the Supreme Court interprets four words in the "Affordable" Care Act.
"Presidents should get the power to declare economic emergencies along the lines to declare war... [and] take extraordinary actions and not put that all on the Fed." - Former Fed Chairman Ben Bernanke
For those of us who remain horrified and disgusted by the 2008-09 Federal Reserve and U.S. government bailout of the kleptocratic oligarchs who created the crisis, the above comments by the mastermind of this historic theft should be extremely concerning.
Hillary Clinton's Latest Scandal: Former SecState Exclusively Used Undocumented, Personal Email AccountSubmitted by Tyler Durden on 03/03/2015 08:32 -0400
While the Hillary Clinton campaign seems unperturbed by recent problematic disclosures by Politico into the Hillary Clinton Foundation, the former first lady and current democrat presidential hopeful will have a field day explaining why, as the NYT reported overnight, Hillary - in her role as Secretary of State - "exclusively used a personal email account to conduct government business" according to State Department officials in violation of "federal requirements that officials’ correspondence be retained as part of the agency’s record." Mrs. Clinton did not have a government email address during her four-year tenure at the State Department. Her aides took no actions to have her personal emails preserved on department servers at the time, as required by the Federal Records Act.
Previously, the Obama administration attempted unsuccessfully to ban the AR-15. That didn’t work, so now Obama is going after the ammunition. This is yet another example of the war on preppers that is going on all over the nation. Whether you are a gun owner or not, this assault on our constitutional rights should disturb you greatly.
Just a few short hours after the terrible murder of Russian opposition politician and outspoken Putin critic Boris Nemtsov, US' John Kerry was quick to condemn the actions of the "reformer" and demand Russia's "expeditious investigation," and President Obama has since issued a statement "admiring [Nemtsov's] struggle against corruption" Putin spokesman Dmitry Peskov says the Nemtsov murder was "100% provocation... It looks like a contract killing."
Nothing says limited government and separation of powers like a bureaucracy unaccountable to the voice of the people! Then again, Yellen doesn’t care much for democratic oversight. She’s a caricature of Randian libertarianism: someone who wants to do whatever, whenever, without rulers. The problem is Yellen isn’t operating a private railroad company. She’s the figurehead for a government institution created by Congress. If democracy means anything, it’s that voters have some measure of control over political bureaucracies.
As the finances of Venezuela continue to deteriorate under the collapse of crude oil prices, the government of President Nicolas Maduro is becoming more paranoid and vindictive. However, the utter bust in oil markets pulled the rug out from beneath the Venezuelan economy. Maduro is cracking down on political opponents as the country deals with the economic crisis, and his pronouncements have become more paranoid as the economy has worsened. The economic situation may only grow worse. The government’s budget breaks even with oil prices at an estimated $117.50 per barrel. With no imminent rebound in sight for oil prices, Maduro is resorting to state-sponsored repression to quell growing opposition.
"An open Internet is essential to the American economy, and increasingly to our very way of life," according to President Obama and it appears his perspective on the heavy hand of government regulation inserting itself into the last bastion of freedom and dynamism in the US economy, is how best to achieve "openness." Having pressured FCC's Tom Wheeler, the vote just came down: U.S. FCC APPROVES NET NEUTRALITY INTERNET RULES IN 3-2 VOTE. While potentially good for a consumer's pocketbook, the handing over of "fair-use" decision to the government, as we previously noted, could be the first step on a slippery slope to increased censorship. Welcome to "internet of political things."
Using the subject heading “you should definitely check this out,” Thomas A. Kennedy, CEO of the defense contractor Raytheon, reportedly emailed President Obama today with yet another link to an article detailing mounting tensions in Libya...
Learning the Facts Will Help Protect You From Heart Disease, Stroke ... And Stupid Trades
- Invade Syria already, we know you will: Islamic State in Syria abducts at least 150 Christians (Reuters)
- Greece Struggles to Get Citizens to Pay Their Taxes (WSJ)
- Doubts Shadow Deal to Extend Greek Bailout (WSJ)
- In surprise result, Chicago's Mayor Emanuel faces election run-off (Reuters)
- Obama vetoes Keystone pipeline bill (Reuters)
- Another sign of the top: Cushman & Wakefield Going Up for Sale (WSJ)
- Lure of Wall Street Cash Said to Skew Credit Ratings (BBG) ... and threat of DOJ lawsuits also
- Oil rises to $59 as Saudis say demand growing (Reuters)