• Collapse

    U.S. Dollar Collapse Could Occur at Any Time

    China this morning reported 4.9% price inflation for the month of February, exceeding analyst expectations of 4.8%. With China now mimicking the U.S. Bureau of Labor Statistics and taking steps to artificially manipulate their consumer price index (CPI) numbers as low as possible, it is likely that real price inflation in China is now closer to 10%. China was at least smart enough to raise interest rates last month by 25 basis points to 6.06%, while the Federal Reserve continues to leave interest rates near zero with there being absolutely no talk of the Federal Reserve ever raising interest rates again. China will be successful at containing inflation, as U.S.…

  • News/Commentary

    Reality Zone Unfiltered News 2011 February 26-March 4

    Crude oil prices hit highest level since 2008, now at $115 a barrel. Analysts say this is in response to unrest in the Middle East. Gasoline prices have risen an average of 35 cents per gallon since an uprising in Libya began in mid-February. Yahoo 2011 Mar 4 (Cached) US: Four Democrats are joining a Republican effort in Congress to prevent the EPA from regulating greenhouse gas, which is falsely blamed for mythical global warming. The bill has support in the House, but fate of the Senate version is ‘uncertain’. MSNBC 2011 Mar 4 (Cached) Ron Paul holds his ground during an interview with former prosecuting attorney Elliot Spitzer, current…

  • News/Commentary

    BTL Update 2011 March 3

    This Isn’t Mere Duplication; It’s Unbridled Idiocy Uncle Sam is spending a lot of your tax dollars on programs that do the exact same thing as other federal programs, and you are paying the tab, a shocking new report shows. Read more… Patriot Update 2011 March 3 U.S. Inflation Caused Algeria, Tunisia, Egypt, and Libya Unrest The National Inflation Association (NIA) announced in its November 5th, 2010, food price projection report that food inflation would take over as America’s biggest crisis in calendar year 2011, surpassing the mortgage crisis and high unemployment, which were the top economic concerns of Americans in 2010. NIA’s food price projection report received worldwide media…

  • News/Commentary

    Reality Zone Unfiltered News 2011 February 19-25

    US: Federal government prepares for ‘shutdown’ if debt ceiling is not raised. It would be far from a shutdown. 25% of employees – who perform ‘unessential’ services – would go on furlough. (They would be paid later for not working.) Agencies like FBI and Social Security will not be affected. Yahoo 2011 Feb 25 (Cached) Libya: Gadhafi militia opens fire on protesters with automatic weapons as he vows he will live and die in Libya. Libyan delegation at the UN defects to the opposition. The soldiers are both Libyan and foreign mercenaries. Yahoo 2011 Feb 25 (Cached) US: Shoppers increasingly are opposed to genetically modified foods, but they probably are…

  • Climate Change

    U.S. Has Cut Emissions … Without Cap and Tax

    Written on February 19, 2011 by Dick Morris While the federal Environmental Protection Administration is about to impose regulations and taxes on carbon emissions by executive fiat — in the name of stopping global climate change — the United States has already dramatically cut its emissions and probably has already complied with the Kyoto/Copenhagen goals for reduced emissions. And this has been done without taxes, without regulations and without government intervention. In 2007, the U.S. emitted 6.12 billion metric tons of carbon. In 2008, emissions fell to 5.92. In 2009, while President Obama was promising that the U.S. would cut its emissions to 5.0 by 2015, the American economy and…

  • News/Commentary

    Reality Zone Unfiltered News 2011 February 12-18

    Wisconsin: Protestors take control of the state capitol, and 14 Democrat Senators flee the state to prevent the legislature from functioning. The issue behind this is that the Governor introduced a bill (supported by the Republican majority) to balance the budget by requiring state employees to pay a larger share of their own pension and healthcare costs and by reducing power of the state-employee union. Other options to balance the budget are (1) increase taxes or (2) request an ongoing and never-ending bailout by the federal government (via taxpayers) which will increase federal control. Over 40 states now are facing the same problem. ABC News 2011 Feb 18 (Cached) US:…

  • Defense

    It’s Never Just the Economy, Stupid

    BRIAN T. KENNEDY is president of the Claremont Institute and publisher of the Claremont Review of Books. He has written on national security affairs and California public policy issues in National Review, the Wall Street Journal, Investor’s Business Daily, and other national newspapers. He sits on the Independent Working Group on Missile Defense and is a co-author of the recent book Shariah: The Threat to America. The following is adapted from a speech delivered on January 7, 2011, in the “First Principles on First Fridays” lecture series sponsored by Hillsdale’s Kirby Center for Constitutional Studies and Citizenship in Washington, D.C. WE ARE OFTEN TOLD that we possess the most powerful…

  • News/Commentary

    Reality Zone Unfiltered News 2011 February 5-11

    Egypt’s Hosni Mubarak resigned as president after 18 days of mass demonstrations in opposition to the stark economy and government corruption. [As usual, people are glad to get rid of a hated regime but pay little attention to the new one, thinking that any opponent of the old regime must be good. Unfortunately, the new regime likely will be just as corrupt if not more so. Opposition leader ElBaradei, who was covertly supported by the US, has strong ties to the UN which, itself, is a bastion of corruption. We shall see.] Yahoo 2011 Feb 11 (Cached) US Trade deficit widens to $40.6 billion in December. In 2010, the deficit…

  • Government

    Whatever Happened to Free Enterprise? January 1978, Ronald Reagan

    Most recently known for his bid for the 1976 Republican presidential nomination, Ronald Reagan is distinguished for his successful careers in motion pictures, broadcasting, and politics. Mr. Reagan was a player and production supervisor of television’s “General Electric Theater” for eight years and hosted and acted in the “Death Valley Days” television series. For many years he owned and operated a horse breeding and cattle ranch. Elected California’s 33rd governor in 1966, he was re-elected in 1970. After leaving office in early 1975, Governor Reagan began a daily radio commentary program, nationally syndicated, and a weekly newspaper column in which he is still involved. Governor Reagan delivered this address on…

  • News/Commentary

    BTL Update 2011 February 8

    Proposed Restrictions on the 2nd Amendment The animosity shown the Second Amendment by the media and many of our elected representatives sworn to uphold the Constitution and the Bill of Rights is never so apparent as when a particularly heinous criminal shooting occurs. These tragedies are immediately seized upon as a springboard for introducing more gun control measures, which are usually circumventions of the Second Amendment in intent and practice, and therefore unconstitutional. Another misguided “close the loopholes” for guns measure has been introduced by Rep. Carolyn McCarthy (D.-N.Y.) and 57 Democrat cosponsors. Her bill H. R. 308, “To prohibit the transfer or possession of large capacity ammunition feeding devices,…