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Archive for September 9, 2010

Treasurys Tumble Following Weak 30-Year Sale

“This week’s government debt sale ended on a sour note, with investors unfriendly toward a sale of long bonds.

The $13 billion sale of 30-year bonds fetched a high yield of 3.82 percent, 0.042 percentage points above the “when issued” expectations. Bidders put up 2.73 times the amount bid, a measure known as the bid-to-cover ratio.

Foreign demand also was soft, with indirect bidders making up just 36 percent of total buyers.

The auction brought to an end sales of $67 billion in coupon-bearing supply.

Treasurys added to losses following the auction, with the 30-year falling a point and a half in price to yield 3.82 percent, above the Wednesday yield of 3.73 percent. The benchmark 10-year note was off 20/32 for a 2.73 percent yield, against Wednesday’s 2.66 percent.”

Via

Categories: Uncategorized

US Mint Running Out of Silver (and Excuses)

“In Title 31 of the US Code, the United States Mint is required by law to supply “in quantities sufficient to meet public demand, one dollar silver bullion coins of specified size, weight, and design.” (Source) This law is widely referenced, and I have criticized the US Mint in the past when it fails to meet consumer demand because of poor planning, despite the availability of silver.”
Via

Categories: Uncategorized

Gold, The Future & The Way Through

“When younger, Alan Greenspan wondered if he could have prevented the Great Depression had he been Fed chairman during the 1920s. Fate, however, was to give Greenspan a far different future than he expected; instead of preventing a depression, he would cause one.

After the scare of the 1970s, central bankers, i.e. Greenspan et. al., focused on containing inflation and came to believe they had successfully done so, not realizing that monetary expansion had instead morphed into asset bubbles, e.g. stocks, property, and bonds, not general price inflation as in the past.”
Via

The Great Lie of the Nanny State

” Many of us, after years of indoctrination at our government schools, were left with a sense that there is a great government force working hard every day to protect us and look after our best interest. We were told that government standards keep us safe from disease, that government highway regulations keep us safe from car accidents, that federal agencies make sure that the food we eat will be healthy.

The result of all of this? Americans everywhere drive more carelessly, do not research what they put on their plate and take medications that leave them sicker, rather than healthier … “
Via

Categories: Uncategorized

After a Year of Setbacks, U.N. Looks to Take Charge of World’s Agenda

“After a year of humiliating setbacks, United Nations Secretary General Ban ki-Moon and about 60 of his top lieutenants — the top brass of the entire U.N. system — spent their Labor Day weekend at a remote Austrian Alpine retreat, discussing ways to put their sprawling organization in charge of the world’s agenda.

Details concerning the two-day, closed-door sessions in the comfortable village of Alpbach were closely guarded. Nonetheless, position papers for the meeting obtained by Fox News indicate that the topics included:”
Via Fox News

UN Blueprint: Dismantle Middle Class, Build World Government
“A UN blueprint for putting the organization back at the forefront of global governance alarmingly reveals the agenda to re-brand global warming as “overpopulation” as a means of dismantling the middle classes while using “global redistribution of wealth” and increased immigration to reinvigorate the pursuit of a one world government.

United Nations Secretary General Ban ki-Moon and 60 of his top lieutenants met this past Labor Day at a secluded Austrian Alpine retreat in a bid to get the global warming agenda back on track after the dismal failure of Copenhagen.”
Via Prison Planet

Why are they opposed to us?

Categories: Uncategorized

Woman Calls Cops on Burger King

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Obama wins the right to invoke “State Secrets” to protect Bush crimes

“In a 6-5 ruling issued this afternoon, the 9th Circuit Court of Appeals handed the Obama administration a major victory in its efforts to shield Bush crimes from judicial review, when the court upheld the Obama DOJ’s argument that Bush’s rendition program, used to send victims to be tortured, are “state secrets” and its legality thus cannot be adjudicated by courts. The Obama DOJ had appealed to the full 9th Circuit from last year’s ruling by a 3-judge panel which rejected the “state secrets” argument and held that it cannot be used as a weapon to shield the Executive Branch from allegations in this case that it broke the law. I’ve written multiple times about this case, brought by torture/rendition victim Binyam Mohamed and several others against the Boeing subsidiary which, at the behest of the Bush administration, rendered them to be tortured. “
Via

Categories: government control

The Middle Class in America Is Radically Shrinking.

“Increased government regulations and meddling is resulting in the destruction of the middle class. If you are part of the favored elite, things are just fine. If you are savvy, you can still do well, but for the person who simply expects to climb step by step via salary to a better life, things are not so good.

Michael Snyder has put together a list of the changes that indicate the middle class is shrinking. Note that much of the shrinkage of the middle class comes in sectors where the government has put in programs to “help”:”
Via

ABC News Confirms President Obama’s Tax-Hike is a Small Businesses Job Killer

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