April 18, 2014 
 Friday 
 
 

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Topic:
Miscellaneous

       

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 By bluejay

07/29/2012  3:12PM

Will gold be enough to save you?

http://www.youtube.com/watch?v=W2Tn-w8szTk
 By bluejay

07/29/2012  9:02AM

Worth the read:

By Martin Armstrong
"Why property taxes will soar, why the risk of civil unrest is rising exponentially and why we will see the rise of a third party."

http://www.martinarmstrong.org/files/Why%20Property%20Taxes%20Will%20Soar/index.htm
 By bluejay

07/27/2012  9:38AM

From the Casey Dispatch:

Do you have $500,000 to spare?

That's your household's share of the US national debt, which is fast approaching $16 trillion (actually, that was your share as of January 2010… it's even higher now).

The debt keeps growing because Congress refuses to make the tough choices necessary to get the country on sound fiscal footing. They fear that doing so would cost them their jobs.

They'd much rather create money from nothing and prolong the illusion that everything will be okay. But it won't be okay, as sooner or later the charade will end in an economic collapse for the history books.

In the meantime, our elected officials will do everything possible to delay the inevitable. They will continue to raise taxes, debase paper money, and meddle in the marketplace.

This is happening all over the world, creating centrally planned economies that bear no resemblance to free markets.
 By bluejay

07/26/2012  7:03PM

Another increasing example of why gold coins and bullion is the liquid and safe place to be.

Still Think That Money Market Fund Is “Cash”?
by JOHN RUBINO on JULY 21, 2012

When investors decide to close out their riskier positions and move into “cash”, they don’t actually go to the bank and get a stack of twenties. Most just sell their stocks and let their broker sweep the proceeds into a money market fund which, they assume, is the same thing as cash because it holds high-quality short-term commercial paper that almost never defaults.

That pleasant assumption breaks down as soon as you look at a typical money market fund’s holdings and see that it owns, among other disturbing things, a lot of European bank debt.

But at least you can get your money out with a mouse click, right?

Well, maybe not. Apparently the Fed, cognizant of the potential weakness of the money fund system, is considering withdrawal limits:

Fed Eyes Limiting Money-Market Fund Withdrawals

NEW YORK–The Federal Reserve Bank of New York said it supports limiting some types of money-market fund withdrawals in a bid to protect those funds from suffering the equivalent of a bank run.
 By bluejay

07/26/2012  9:52AM

Phil Gramm didn't know what he was talking about in 1999 and, certainly, is full of horse-pucky now. Phil it would appear has been sucking off the banker's tit for decades.

http://www.bloomberg.com/news/2012-07-26/breaking-up-banks-won-t-make-them-safer-ex-senator-says.html
 By bluejay

07/25/2012  9:44PM

From Kitco Commentary:

When athletes receive a gold medal at the Summer Olympics, only 1.34 percent of it will contain actual gold. The rest is comprised of 93 percent silver and 6 percent copper, according to CNNMoney. In fact, solid gold medals have not been issued since the 1912 Olympic games in Sweden.
 By bluejay

07/25/2012  9:22AM

There appears to be a change in the tide with bankers being arrested in Ireland and Libor arrests pending.

http://uk.reuters.com/article/2012/07/22/uk-banking-libor-criminal-idUKBRE86L0CE20120722
 By David I

07/24/2012  11:32PM

I have very little concern for the GPS milage tax scheme being talked about. Any tax has to pass the vote by a 2/3ds majority of the public. With the sentiment of the people, believing we are all ready over taxed, this bill will end up on the scrape heap of wasted legislative time.
 By bluejay

07/22/2012  8:52PM

The Boat of Irresponsibility Has Many Passengers
CIGA Eric

Governments preach austerity, discipline, and imply irresponsibility as the cause of the growing debt problem. The headings suggest that regulation designed to save the public from themselves, a combination of more and better, is the answer to prevent the next crisis. Amid the flurry of election-year finger pointing, few seem to recognize that governments, the ultimate regulators, stand shoulder to shoulder with the public on the boat of fiscal/financial irresponsibility (chart). This is why the public has begun to ask ‘who’s going to regulate the regulators’ with increasing frequency.

The chart is available at jsmineset.com.
 By bluejay

07/22/2012  5:53PM

Jim Sinclair’s Commentary

This is for real. Where do we find these geniuses we elect to office?

California Proposes Tax On Driving GPS devices would record mileage and charge drivers accordingly.

Will they be charging us next for our trips to the bathroom?

The full story is from a July 19th entry at jsmineset.

Forgot to mention last week Calpers is stating their return is down to 1% versus their projections of in the 7% neighborhood which means....California taxpayers will have to make up the difference to those receiving these Calif. pensions. The fact is the people making economic projections for the State are totally incompetent and we all have to pay for their failings. Who will bail us out?

Everyone will continue to pay dearly for living in the Golden State because the powers in charge in Sacramento have totally messed up and now they will be taxing us to death for their constant financial shortcomings.

The Jerry Brown proposed rail system from Los Angeles to San Francisco may be the last nail in the coffin for all of us. The increasing picking of your pockets will only get worse.
 By bluejay

07/21/2012  11:28AM

"The last duty of a central banker is to tell the public the truth."

–Federal Reserve Board Vice Chairman Alan Blinder (retired)
 By bluejay

07/21/2012  10:59AM

The following was included in this morning's International Forecaster:

TSA Let 25 Illegal Aliens Attend Flight School Owned by Illegal Alien

Discovery of the trouble at the flight school began when local police--not federal authorities--pulled over the owner of the school on a traffic violation and were able to determine that he was an illegal alien.

http://cnsnews.com/news/article/tsa-let-25-illegal-aliens-attend-flight-school-owned-illegal-alien
 By bluejay

07/19/2012  9:06AM

The banksters are a pack of whores

http://www.dailymail.co.uk/news/article-2175658/Former-boss-HSBC-warned-money-laundering-2005.html
 By bluejay

07/19/2012  9:06AM

The banksters are a pack of whores

http://www.dailymail.co.uk/news/article-2175658/Former-boss-HSBC-warned-money-laundering-2005.html
 By bluejay

07/16/2012  10:47PM

Learn what they don't tell you in the media:

http://maxkeiser.com/

Fraud Race(E314)
 By Rick

07/15/2012  7:00PM

Hey Congress....

Let me re-phrase that....when was the last time a new law undid a previous law and promoted FREDDOM????

Never.

STOP PASSING LAWS every friggin day.

geez already
 By Rick

07/15/2012  6:36PM

Congress:

Consider FREEDOM please, as you litigate us US into a corner. What's wrong with you???? Read below please, and stop passing new laws every friggin day.

Why are yesterday's "legislative achievements" constantly being considered in need of new legislation? ANY law, by definition, is a new restriction on something, the last time any critical thinker looked.

When was the last time a law was passed that undid a freedom? Hmmmm....????

Never.

STOP PASSING LAWS. Enough already.

Geez....
 By bluejay

07/13/2012  11:08AM

From marketwatch.com

FAT-FINGER 29

Americans will work more than 6 months to pay cost of gov't in 2012

This year, Americans have to work until July 15 to pay for the burden of government, more than six months.

In a new report, Americans for Tax Reform (ATR) has calculated that Americans will spend a total of 197 days toiling to pay for the cost of government.

"Cost of Government Day is the date of the calendar year on which the average American worker has earned enough gross income to pay off his or her share of the spending and regulatory burden imposed by government at the federal, state and local levels," reads the report.

... />http://www.whptv.com/news/local/story/Americans-will-work-more-than-6-months-to-pay/ctEuGqewf0OlmoNZbn5Ksw.cspx less
 By bluejay

07/13/2012  10:31AM

Good News

The Company's shares(OSTO) in the NY OTC market have in the past few days traded at a 52 week high of $0.375.

A 5 year chart is linked below which clearly demonstrates that the shares are in a new uptrend.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=osto&insttype=&freq=2&show=&time=12
 By cw3343

07/10/2012  9:57AM

re your post from 7/6

There was another company whose customers got Corzined. Peregrine Financial Group out of Iowa. Segregated account funds missing, owner attempts suicide.

http://www.bloomberg.com/news/2012-07-09/peregrine-investigated-over-missing-money-after-suicide-attempt.html

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