Gold yesterday hit $1500 an ounce. Silver today shows at $44 an ounce. Last year around this time I went to my local silver dealer and bought some silver at $18 an ounce. When a commodity like gold and silver hit these high of numbers its a window into how much less the dollar is worth as we’re seeing inflation rear its ugly head. There are consequences to borrowing more money, raising the debt limit as our treasury keeps monetizing our debt.
Today we heard things like: “We have to live within our means.. get back on a path to pay down our debt” “We will all need to make sacrifices” These are talking points for beginning to discuss cutting the deficit by 4 trillion dollars in 12 years. It used to be 10 years he’s now adjusted it to 12 to make sure that they don’t start actually doing anything until after the election. I’m sorry pushing off 2 years to actually doing something isn’t going to cut it this time. I’m tired of just hearing talking points and seeing no […]
From Fox. The U.S. fired four additional Tomahawk missiles at Libya air defense systems Sunday, bringing the grand total to 124, a senior U.S. Defense official tells Fox News. Previously: From CNN. American and British ships and submarines fired more than 110 Tomahawk cruise missiles and hit about 20 Libyan defense targets in western portions of the country, U.S. Vice Adm. William Gortney said at a Saturday Pentagon briefing. Nineteen U.S. warplanes, including stealth bombers and fighter jets, conducted strike operations in Libya on Sunday morning, officials said. Tomahawk cruise missiles are unmanned and fly close to the ground, steering […]
From here. The Medicare actuary shed light on this so-called “double counting” last year in an April 22 memo. “In practice,” he wrote, “the improved Part A financing cannot simultaneously be used to finance other Federal outlays (such as the coverage expansions under the PPACA) and to extend the trust fund, despite the appearance of this result from the respective accounting conventions.” “There is an issue here on the budget because your own actuary has said you can’t double-count,” Shimkus said. “You can’t count — they’re attacking Medicare on the CR when their bill, your law, cut $500 billion from […]
From here. Over the weekend, the White House and Democratic Party officials pushed back against criticism from Republicans that Mr. Obama and his political network were meddling in the Wisconsin dispute. These are outright fabrications. In fact Brad Woodhouse, the Democratic Party Communications Director, was spotted crowing about Obama’s involvement as recently as Thursday. And Obama’s political wing — an extension of the SEIU, it would appear — is still hawking the protests. According to Politico‘s Ben Smith, it has published at least 54 tweets promoting the rallies.
WASHINGTON (AP) — In rapid-fire action Friday, the Republican-controlled House voted to strip federal money from President Barack Obama’s health care overhaul and from Planned Parenthood and to bar the EPA from issuing global warming regulations. Upping the ante in the budget faceoff, the Obama administration warned that workers who distribute Social Security benefits might be furloughed if congressional Republicans force cuts in government spending. Read more here.
From here. The Foreign Language Assistance Program (FLAP) grant was awarded to Mansfield ISD last summer by the U.S. Department of Education. As part of the five-year $1.3 Million grant, Arabic classes would be mandatory at Cross Timbers Intermediate School and Kenneth Davis Elementary School. The program would also be optional for students at T. A. Howard Middle School and Summit High School. Parents at Cross Timbers say they were caught off-guard by the program, and were surprised the district only told them about it in a meeting Monday night between parents and Mansfield ISD Superintendent Bob Morrison. The DOE […]
That’s right – you knew more government regulations always have unintended consequences – and this is the case – all new debt the credit card companies have raised their interest rates to record levels. While the Credit CARD Act did limit how much consumers would be charged for late payment or over the limit spending on their credit cards, the Act did not address the creation of other penalty fees. For example, in late 2009, Fifth Third Bank started charging $19 for cardholders who had not used their credit cards in 12 months (2). Citi started charging a higher interest […]
A federal judge in Florida has ruled that the president’s health care overhaul, “Obamacare,” is unconstitutional. The judge based his ruling on the unconstitutionality of the law’s individual mandate. The ruling affects the 26 states who had joined together to file a case against the law, but also has implications for the entire country.
Not much to say here that other media have already said other than our heartfelt sorrow for those families who were touched by this terrible tragedy. Not only that. Shame on the leftist media for trying to pin responsibility on the tea party. For Shame. The shooter, Jared Lee Loughner, was a democrat leftist.
The FDA continues to control the free market more and more – keep in mind the FDA has recently had a huge power grab with the Food bill that just passed pushed forward by progressives. Tobacco companies led by Altria Group Inc. and Reynolds American Inc. must get U.S. Food and Drug Administration approval to sell products introduced or changed in the past four years, a move that may let the agency keep more addictive items off the market. Products that weren’t commercially available on Feb. 15, 2007, must be submitted for review, the FDA said today in a statement. […]
American life is experiencing massive amounts of day to day technology not present a decade ago. Most of these developments are in areas surrounding ‘public safety’. Why? Because war drives production process innovation and research on new products. Several areas that benefit our civilian terrorists surveillance infrastructure evolved out of military necessity in the middle east. As if we were in an unwritten chapter in Orwell’s 1984 – we get ‘The Gorgon Stare’. The reaper drone that host’s this system can fly one path while recording an entire city and present 65 image streams simultaneously to end users who can select a […]
RICHMOND, Va. (AP) — Archeologists at Jamestown have unearthed a trove of tobacco pipes personalized for a who’s who of early 17th century colonial and British elites, underscoring the importance of tobacco to North America’s first permanent English settlement. The white clay pipes — actually, castoffs likely rejected during manufacturing — were crafted between 1608 and 1610 and bear the names of English politicians, social leaders, explorers, officers of the Virginia Company that financed the settlement and governors of the Virginia colony. Archeologists also found equipment used to make the pipes. Read more here.