Michael Jackson Death Provides Cover For Passage of Historic ‘Job-Killing Energy Tax’

When the news of Michael Jackson’s death hit the news yesterday people were instantly mesmerized, like some kind of hypnotic trance had come over the entire populace. Business workers’ productivity ground to a halt and people worked themselves into a reminiscing frenzy, Michael Jackson products quickly sold out worldwide, and anything unrelated to Michael Jackson [...]

Oil Producers To Avoid Carbon Taxes By Increasing Dependence on Foreign Oil

“June 26 (Bloomberg) — America’s biggest oil companies will probably cope with U.S. carbon legislation by closing fuel plants, cutting capital spending and increasing imports.
Under the Waxman-Markey climate bill that may be voted on today by the U.S. House, refiners would have to buy allowances for carbon dioxide spewed from their plants and from vehicles [...]

House passes Unread Climate ‘Cap and Tax’ Bill

“Politico reports that Rep. Joe Barton (R-TX) raised questions about whether “there was even a copy of the current version of the bill anywhere in the House chamber.”
Rep. Michele Bachmann stated plainly that the bill was “a choice between liberty and tyranny,” claiming that the bill institute “control over nearly every aspect in the [...]

Economic Realities, Rumors and Reminders

• Top Communist Party research chief said Thursday that China should buy gold and U.S. real estate rather than Treasurys —Marketwatch, Calls for new world reserve currency (Bloomberg).
• Late-August/early September bank holiday potentially leading to formal dollar devaluation — HSL
• U.S. embassies worldwide being advised to purchase enough of their local currencies to last [...]

Truth is Whatever Big Brother Says It Is

From the article Ignorance is Strength, by Paul Craig Roberts:
“The American media’s one-sided and propagandistic coverage of the Iranian election has made an American hero out of the defeated candidate, Mousavi.
This leaves one wondering if anyone anywhere in the US media or US government knows that Mir-Hossein Mousavi, who served as prime minister of the [...]

‘A Gangster Government’

“No business is safe, when you see the administration appoint Czars. Car Czars, wage Czars. There’s over 20 Czars that have been appointed, and what do those Czars do? They bypass the Congress. We’re the people’s elected Representatives. We’ve been bypassed. We now have an imperial presidency where the President has [...]

Paul: ‘This is allowing the fox to protect the henhouse’

Gerald Celente: Washington is Wall St. and Wall St. is Washington

Kucinich: War Soon to Be the Only Thing Made In America

From Raw Story, Dennis Kucinich addresses Congress:
…“We are destroying our nation’s moral and fiscal integrity with this war supplemental,” Kucinich argued on the House floor Tuesday. “Instead of ending wars in Iraq, Afghanistan, and Pakistan now by appropriating only enough money to bring our troops home, Congress abdicates its constitutional authority, defers to the president, [...]

Kucinich: Who Are These People?

“Who are these people who keep coming up with these innovative ideas to keep wars going and to move jobs out of America?”

http://kucinich.us/

Audit the Fed Bill To Reach the House Floor

With reports of a House majority sponsoring HR 1207, it looks like the Audit the Fed bill will reach the House Floor.

Fed Would Be Shut Down If It Were Audited, Expert Says
Yahoo Finance/CNBC, 6.10.09
The Federal Reserve’s balance sheet is so out of whack that the central bank would be shut down if [...]

Ron Paul Discusses Fascism, Auto Industry on Montel Williams Show

Bob Chapman: Real Unemployment Figure at 20.2%

Bob Chapman speaking on the Alex Jones show, breaks down the unemployment numbers pointing out that according to the 1980s formula for figuring unemployment, we’re currently at 20.2%. (Luckily we figure it differently now.)

Ron Paul: ‘Expect Huge Price Increases in the Future’

Geithner: We believe in strong dollar…China’s assets are very safe

BEIJING, June 1 (Reuters) – U.S. Treasury Secretary Timothy Geithner on Monday reaffirmed his faith in a strong dollar and reassured the Chinese government that its huge holdings of dollar-denominated assets are safe.
“We believe in a strong dollar,” Geithner said in a question-and-answer session after a speech to students at Peking University. [ID:nPEK144756]
A major goal [...]