Economy
August 10th, 2010
(WSJournal) – The Wall Street Home Resale Fee – Read More Here
(WashPost) – Cash-hungry states add casinos, lure same gamblers – Read More Here
(USAWatchDog) – When Will Financial Armageddon Begin? – Read More Here
(DailyReckoning) – The US Government’s Secret Plan to Destroy the Dollar
Alright then. So yesterday we made a claim that the Fed has ways of causing inflation in the same way that the Gestapo has ways of making you talk. But it was merely a claim. We didn’t prove it.
Today, we offer incontrovertible proof that the Federal government of the United States intends to inject money directly into U.S. households using an obscure provision of the recently passed Dodd-Frank shemozzle (only click on that link if you are masochist…it is a PDF of the entire Bill as passed by the thieves and rent-seekers currently passing themselves off as servants of the public in the U.S. Congress). Read More Here
(Reuters) – Freddie Mac says needs $1.8 billion from taxpayers – Read More Here
(CityJournal) – The Golden State’s War on Itself – How politicians turned the California Dream into a nightmare – Read More Here
(OpEdNews) – As The Economic Team Bails, The System Fails To Create Jobs (Again) – Read More Here
(Money&Markets) – Massive Wealth Shift in Full Swing – Martin D. Weiss, Ph.D. – Read More Here
(AfricanCrisis) – South Africa Shocking Mega strike: Nearly 1 million government workers set to take action – Read More Here
(PoorRichardsBlog) – America Goes Dark
The lights are going out all over America – literally. Colorado Springs has made headlines with its desperate attempt to save money by turning off a third of its streetlights, but similar things are either happening or being contemplated across the nation, from Philadelphia to Fresno. Read More Here
(CampaignForLiberty) – The Economy in Pictures
“Truth persists and illuminates, even if there is no one to utter it.” Government is not the solution; rather, it is causing the problems. The below slides (view at Scribd, backup PDF) highlight the economic situation, updated from a May presentation. I’ve written about the solutions to the unemployment problem, the deficit, Social Security, and the high costs of health care which are linked below. Read More Here
Climategate
(MotherJones) – The Climate Bill is Officially Dead. Now for Plan B.
Bummed about the Senate dragging its feet on climate? There’s a new report out from the Presidential Climate Action Partnership that outlines five big things the Obama administration can do on climate before the next big United Nations climate meeting in Cancun this November. Read More Here
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