Cartoon of the Day: SantObama
Dec 14, 2011 05:48 pm
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What happens when you attempt a cold shutdown of one of the biggest debt spirals that the world has ever seen? Well, we are about to find out. The politicians in Europe have decided that they are going to “take their medicine” and put strict limits on budget deficits. They have also decided that the European Central Bank is not going to engage in reckless money printing to “paper over” the debts of troubled nations. This may all sound wonderful to many of you, but the reality is that there is always a tremendous amount of pain whenever a massive debt spiral is interrupted. |
Senator Harkin is making an excellent point: Prior to the CFMA of 2000 customer funds could not be invested in other than municipal or US Government debt fully guaranteed by the US Government. And the Republicans want less regulation, not more, and they are not calling for people to go to prison and every dime missing taken back from the executives who ran the company so the customers are made whole. Yep. |
Article 1, Section 9 of the US Constitution clearly gives ONLY CONGRESS the ability to suspend Habeas Corpus during a period of war on American soil. Our Founding Fathers had a very good reason for giving this dangerous power to Congress, rather than any other branch of government. For they knew that the power to suspend Habeas Corpus would not pass easily among a large body of Representatives and therefore the power would not be taken lightly, nor such a fundamental right removed easily.Ben Bernanke and his Fed mates’ secret letterhead: “destroying capitalism from within.” After four years of disastrously wrong policies, let’s declare stubborn, hubris-soaked wrongheadedness a virtue and saint Ben Bernanke and his Federal Reserve mates. If we had to distill down the Fed Chairman and the Federal Reserve’s policies since the wheels came off the Fed’s “shadow banking” system of fraud, collusion, embezzlement and free-floating leverage, we’d have to start with a systems-analysis perspective. |
Sen. Michael Bennet of Colorado recently introduced a bill on Capitol Hill that would give illegal immigrant students who graduate from high school and enroll in college in a science, technology or math program temporary student visas. Bennett said his proposed bill would make it easier for students who graduate with advanced degrees in science or math to stay and work in the United States by creating a new type of green-card category for foreign students. Currently, there are 140,000 green cards a year granted to skilled workers and about 210,000 EB-3 visas for highly skilled workers are backlogged for Indians. Bennet’s bill also created a new fund through visa fees that would establish scholarships for low-income K-12 students for science, math and technology training and also would provide opportunities for military-service members and unemployed workers.
Mexican soldiers shot and killed 11 suspected drug cartel members just south of the Texas border. One soldier was wounded when the patrolling soldiers were fired upon from a building just south of Brownsville, Texas, in the Mexican city of Valle Hermoso. When troops seized the building following the gunfight, they found 11 dead gunman and 73 rifles inside it. Two suspects were arrested. Both the Gulf and Zetas drug cartels operate in the area.