Financial News Update – 02/10/11

Fuhrer Over Nichols’ Remark (Hat Tip: Larwyn)

Obamacare Advocate: Make Refusniks Wear Gold Stickers (Hat Tip: Larwyn)

Philadelphia Jones and the People’s Clinic of Doom — This Time, It’s Personal. Because if there’s one thing we can’t have, it’s inspectors traipsing around abortion clinics, making sure all the bureaucratic niceties are observed — (Hat Tip: Larwyn)

PEWSLAG: The American Progressive’s Monopoly on the Seven Deadly Sins (Hat Tip: Larwyn)

How Planned UnParenthood Made Big Bucks for Philly Abortionist (Hat Tip: Larwyn)

How to dump Obamacare without lawyers (Hat Tip: Larwyn)

What is the Definition for an Employed Person?

Ravenous Emptiness and Existential Hunger (Hat Tip: Larwyn)

Declaration by President Obama and Prime Minister Harper of Canada – Beyond the Border (Hat Tip: Nancy Jacques)

Did Obama Just Come Up With A State Bailout That The GOP Can’t Oppose?

There’s A Rumor Going Around That Legendary Hedge Fund Manager Paul Tudor Jones Just Called The Top

WHOA: Anderson Cooper Accuses Obama-Backed Suleiman Of Lying About Egypt Protesters

This City Refuses To Find Out How Much Money It Owes

If You Think The Government Is Manipulating The Market, This Chart Is For You

Julian Assange Is Privately Admitting His Bank Documents Will Be A Huge Flop

10 Iconic American Factories That Have Closed In The Past Two Years

Here’s The Secret Document That Banks And Other Big Organizations Are Using To Prepare For Wikileaks

Joseph Stiglitz Predicts Another 2 Million Foreclosures In 2011

O’Reilly: There Are Strains Of Anti-Americanism At MSNBC (Hat Tip: Carey B.)

Pawlenty Raps Obama, Calls Federal Spending ‘Ponzi Scheme’

What High Speed Rail Means for Community Design (Stack ’em & Pack ’em)

Mexico violence not an ’emergency,’ White House says (Hat Tip: Brian B.)

Obama’s “tough budget cuts” in pictures (Hat Tip: Brian B.)

The Muslim Brotherhood – in its own words..”Jihad is the way” by Mustafa Mashhur [very long]

Egypt protests: America’s secret backing for rebel leaders behind uprising

Massive disapproval of Obama’s handling of budget deficit (Hat Tip: Curtis Frantz)

HHS Financial Audit : Nearly $800 Million Dollars “Could Not Be Explained” $2B stuck in limbo.

Egypt protests: Hosni Mubarak ‘may be stepping down’

Obama Heads to Michigan to Promote Wireless Expansion Plan (WTF!)

Conoco, Marathon to close gas liquefaction plant in Kenai (Alaska)

Obama Regime Incompetence Illustrated in Botched Egypt Crisis

Testifying on Capitol Hill, The ‘Nank Said…What?

Forced Globalization of Trading Marts: Consolidation for Disaster

Frauds of WikiLeaks?

Border Patrol Data Contradicts Napolitano’s Testimony That U.S. Has ‘Effective Control …

Soros-paid Scribes Cover Their Tracks in Egypt

If You Only Look At One Chart About The Cheese Market Today…

Reminder: Tomorrow May See The First Salvo In The Developed World’s War On Inflation

The World Is About To Hit Its Oil Price “Recession Threshold”

More Bad UK Economic News: December Manufacturing Turns Negative

The Maidan on the Tahrir Square is Bad News for Putin

Shale Gas: Global game changer (and why some will block it)

Soros group: ‘Normalize’ Muslim Brotherhood (Urged Egypt to allow Islamist political party)

Stiglitz Expects 2 Million Foreclosures This Year

Barron’s: Surging Commodities Threaten Global Economy

Judge Rules Against Bank In Mortgage Modification Suit

House Republicans Seek to Cut Funds for Environment, Energy, Health Care

Protests, strikes, and media shift intensify pressure on Mubarak government

WikiLeaks cables: Saudi Arabia cannot pump enough oil to keep a lid on prices

Korea Talks Ended Abruptly Without Any Ease in Strains

Counterterrorism director says Patriot Act expiration would be ‘extremely problematic’

Unionizing Airline Screeners Endangers National Security

More Important Than the Yuan: Opening China’s Capital Account

Setting Priorities for Transportation Spending in FY 2011 and FY 2012

Morning Bell: Bernanke Helps Defuse “Default”

Federal Job Training Programs Plagued by Fraud, Waste and Mismanagement

What Happens When Economists Skip Econ 101

An Opportunity to Defund Obamacare

The Senate’s Letter to Prevent the Space Code of Conduct: Issues Remain

National Marriage Week: What the Collapse of Marriage Means for Children

Exit Mubarak: Egypt Effects Regime Change?


GETTING READY: 74 Dems Call for Justice Thomas to Sit Out ObamaCare Case

Canadian sues claiming abuse at U.S. border

Strip-Searched, Failing To Disclose Raspberries

Postal Service warns of default as losses mount

Home Foreclosures Rise in January, More Seen

Get ready for higher food prices

Rahm Emanuel favors slavery reparations


Global Stock Exchanges Headed for Major Consolidation

D Börse, NYSE in advanced talks

London takes Canada

Exchange chiefs seek new global powerhouses

TWITTER’s Suitors Talk in Billions

Soaring debt pushes Portugal towards bailout

Australia PM introduces flood tax

Icelandic volcano ‘set to erupt’; would dwarf last year’s event

Fed’s Warsh Resigns; Bernanke Adviser Questioned Stimulus

El-Erian Says Egyptian Economy Will Need to Be Restarted

Budget Deficit in U.S. Rose to $49.8 Billion as Spending Grew

Mortgage Rates for U.S. Loans Rise to 10-Month High

Airlines Say Ticket Fee Plan May Raise Fares, Hurt Demand

URGENT: Mubarak Will Step Down, Transfer Power to Military Council

High Hopes for a New Way to Drill, Baby, Drill

Top Spy Warns of Cyberattacks, Threat From Iran

Weekly Jobless Claims Drop to 3-Year Low – What an absolute fabrication and lie…

Congress’ Bottled Water Tab Near $1M

U.S. Footing $100M Bill for U.N. Security Upgrade

Mubarak Leaving; Egypt Steps Into Great Unknown

Who’s Your Daddy?… Saudi King Told Obama Not to Humiliate Mubarak

Bummer. AOL Sheds $315 Million in Value Since Buying Huffington Post… For $315 Million

Democrats Admit They Are Completely Baffled on How to Create Jobs

Joe Biden: “They’re Going to Own Our Kids” Without High-Speed Rail …Huh?

Paul Ryan Slams Bernanke After Feds Purchase $1.7 Trillion in US Debt

Egypt: A “fluid” situation; Obama filibusters; DNI James Clapper calls Muslim Brotherhood “largely secular”

‘Do as I Say, Not as I Do’ — US Transportation Secretary Edition

Mo’ money, mo’ money, mo’ money down the federal fiscal sinkhole

Government union boss calls fiscal hawks “mentally retarded” while his minions scream for money

McCain Still Hell-Bent to Give Obama Line Item-Style Veto, My Friends

Culture of corruption: Who’s policing Amtrak Joe Biden’s $53 billion rail boondoggles?

Is Ben Bernanke A Liar, A Lunatic Or Is He Just Completely And Totally Incompetent?

Intel Director: Muslim Brotherhood Has ‘No Overarching Agenda…in Pursuit of Violence’

Shock Graphics Show Severity of Proposed Obama Budget Cuts

Detroit Uses Stimulus Money to Lure Residents With $1,000 Homes

Labor Unions Threaten Strikes, Bolster Egyptian Protests

Arizona Rancher Will Fight Court Order To Pay Damages to Undocumented Immigrants (Hat Tip: Brian B.)


WikiLeaks cables: Saudi Arabia cannot pump enough oil to keep a lid on price.

America, poised for a hyperinflationary event?

US Dollar Index: Momentum selling could be swift and steep.

10 Ways Weather is Wreaking Havoc on the Global Economy

9% Unemployment Rate is a Statistical Lie

US Bank Closures Continue Rapid Pace as Four More Fail

Asian Demand for Gold and Silver Will Cause Much Higher Prices

Homeowners Face “New Normal” In Housing Bust

71% Las Vegas Homes Underwater Financially


Arizona, Mississippi not waiting for Feds; team up to get border fence built

By: Andrea Shea King
The Radio Patriot

State lawmakers in Arizona and Mississippi aren’t waiting for the feds to fence off the southern border.

The Arizona state legislature on Wednesday filed a Border Fence Fund Bill, joining the State of Mississippi in an unprecedented effort to get the border fence built by the States, bypassing the Federal Government to do it.

Representative Michelle B. Ugenti of Arizona filed the bill on behalf of the North Phoenix Tea Party, the Greater Phoenix Tea Party Patriots and the Mississippi Patriots. Representative David Burnell Smith of Arizona co-sponsored the bill.

Mississippi’s bill, SB 2255, which was authored by Senator Joey Fillingane, will fund the border fence by imposing a user fee on money wire transfers out of the country from people unlawfully present in the United States. SB 2255 passed in the Judiciary A Committee on Feb. 1, 2011 and is now awaiting a vote from the Finance Committee before going to the floor of the full Senate.

Arizona’s HB 2677 is very similar. It will establish a fund using fees on remittances collected from those unlawfully in Arizona that will be used to build the border fence.

Arizona and Mississippi are urging other States to join them now in passing this legislation in their States. If just half the States participate, $1.2 billion dollars can be raised annually for the border fence using a 5% fee.

Churches, missionaries, non-profits and legitimate businesses are exempt from the fee in SB 2255.

The United States spends $113 billion dollars annually on education, medical care and incarceration of illegal aliens.

$46 billion dollars annually in remittances are sent to other countries instead of being spent here. In some countries remittances are the number one source of their GDP.


I think we can all agree that it is time for the individual States to start protecting the very lives of American citizens and the budgets of communities throughout the Nation. States often send aid to other States when they are hit by disaster. Americans getting killed in our border States every day certainly qualifies. States will need to change the way we proceed when it comes to a point that the Federal Government shirks their responsibility for decades.

Typically, State lawmakers are initially in shock with the concept of sending money to another State, even temporarily. However, once they realize the benefits that their State will gain, they are all for it. Other legislators who would rather spend the money for other illegal immigration charges, are only putting their finger in a dam that has burst while their town is under water.

The citizens of the United States have spoken clearly on this issue for years. They want a border fence built and protected. They feel very strongly about our border security, while Washington DC apparently is only concerned about where their next vote will come from. Only until Americans accept another amnesty bill first will the Federal Government take our National Security seriously. Then they will argue about where the money will come from for years.

States are capable of defending the Nation if we work together. After all we are the United States of America not the divided States of America. We embrace personal responsibility.

Americans have a voice to propose ideas in the Tea Party movement. Call your State Legislators and tell them to join Mississippi and Arizona.

For more information, click Mississippi Patriots mspatriots.com

North Phoenix Tea Party http://originalnorthphoenixteaparty.ning.com/

Greater Phoenix Tea Party Patriots http://phoenixteaparty.ning.com/