Daily Archives: May 29, 2010
Links To Visit – 05/29/10
Atlas Shrugs – It’s Friday Night — Obamacrats Bad News Dump
Think things are out of hand yet ? Kenny S wrote, “the media went on the Memorial Day holiday about a half-hour ago. About ten minutes later, ‘guess who’ passed a tax increase on the per-barrel rate for oil – from 8 cents to 34 cents.
The House vote was 215 to 204.
Everything is about to go up in cost….. EVERYTHING.
Your income, if you’re lucky enough to still be employed or still in business, stays the same (actually decreases due to the additional expenses for everything is about to go up in cost.”
examiner.com – GOP: Obama’s Sestak story is a poorly-thought-out lie
Charles Krauthammer – Whose Blowout Is It, Anyway? (Hat Tip: Brian B.)
The Washington Times – EDITORIAL: The U.N. gun grabber (Hat Tip: Nancy Jacques)
WND – Court accused of covering for Obama in ‘Walpingate’
Free Republic – Government-Funded Jihad (Hat Tip: Jean Stoner)
The Strata-Sphere – Sestak’s Moment Of Honesty Is Followed By A Trail Of Lies
examiner.com – Pelosi blames Bush for oil spill
examiner.com – Scholarship offered to illegal immigrants
Did You Vote for Obama? A Texas Sentiment
Hat Tip: Nancy Jacques
Comrade Hillary: “The Rich Are Not Paying Their Fair Share of Taxes in Any Nation”
From: Gateway Pundit (Get well soon Jim!)
Financial News Update – 05/29/10
CBO: ObamaCare was a total scam
Democrats vote for government pay raises
World Bank cancels remaining Haiti debt (Hat Tip: Jean Stoner)
Kremlin wins first deal for Russian Silicon Valley (US invests $250.000.000) (Hat Tip: Jean Stoner)
Analysis: Moratorium In Gulf Gets Graver (Hat Tip: Jean Stoner)
Bond Giant: Volatile US Stocks to Crash Again
Dow Average Ends Worst May Since 1940
Home Sales Set to Plummet in Phoenix, Las Vegas as Tax Credit Expires
Berkshire confirms Buffett subpoenaed to testify
Wynn Takes on Washington: ‘No one has any idea what’s next’
Credit rating cut deals blow to Spain
Bankruptcy talk spreads among California muni officials
Hillary: ‘The rich are not paying their fair share’
Dollar Primed for Collapse by End June. Yes, the US Dollar is presently artificially strong. But we are looking at a study of relative weaknesses. All the major fiat currencies are in a race to the bottom. Don’t make the foolish mistake of swapping from one un-back currency into another. Instead, swap into tangibles!
US money supply plunges at 1930s pace as Obama eyes fresh stimulus. The money multiplier effect works in reverse, as credit collapses. But at some point the huge waves of stimulus spending will be financed by monetization, and that will be hugely inflationary. Be ready for a rapid transition from deflation to inflation, possibly as soon as late 2010 or early 2011.
Stocks on Track for Worst May Since 1962.
Home Sales Set to Plummet in Markets Hit Hard by Foreclosures
Three Florida Banks, One Las Vegas Bank and One CA Bank Closed May 28, 2010
Spain Loses its AAA Credit Rating at Fitch Amid Debt Struggles
Double-Dip Fears Over Worldwide Credit Stress
Collapse of Euro Would Open Door to Democracy
Eric Sprott on Financial Farcism
Inflation, Money Supply, GDP, Unemployment and the Dollar
Dysfunctional Markets that Change Every Hour
Slow-Motion Recovery Keeps Unemployment High
Gotta Love Thomas Sowell!
Hat Tip: Nancy Jacques
Thomas Sowell – Intellectuals and Society
Thomas Sowell – “Where Did This Right Come From?”
Memorial Day Heroes
By: Matt Daniels
Great Americans is a proud partner of the Congressional Medal of Honor Foundation. This video tells the inspiring stories of several Medal of Honor recipients – including those who fought in the Vietnam era battle dramatized in We Were Soldiers. It also tells the dramatic story of Army Sergeant Paul Ray Smith, the first Medal of Honor recipient in the war on terrorism.
My friend Bob Wallace of the VFW Washington Office – and millions of VFW members worldwide – are dedicated to the noble cause of honoring the dead by helping the living. This VFW video captures the spirit of their service to America’s ordinary heroes and their families. You can support their efforts at: www.vfw.org/troops
Major Megan McClung was the highest-ranking female military officer to be killed in Iraq. Her story exemplifies the fact that now, more than ever before in history, women are sharing in the burden of defending our nation. As expressed by my friend Brig.Gen. Wilma Vaught, of the Women in Military Service Memorial, they feel “it would be wrong not to serve” and share in the sacrifice.