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CWQTPY News Politics

EU Debt Crisis – Next Debt Crisis May Start in Washington: Bair – CNBC

EU Debt Crisis – Next Debt Crisis May Start in Washington: Bair – CNBC.

Ms Bair gets today’s ORLY?! award. Well done, you have stated the obvious.

Austerity measures are as foreign to the US government as wearing a swimsuit is to a muslim woman.

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News Politics

Oklahoma, South Carolina and Utah may follow Arizona’s lead on immigration law

Oklahoma, South Carolina and Utah may follow Arizona’s lead on immigration law.

This is what happens when the federal government fails to uphold its constitutionally mandated duties.

I wholeheartedly applaud those states for using the powers granted to them by the 9th and 10th amendments and moving to eliminate the invader scourge.

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CWQTPY News Politics

Fed Bails Out Rich Arabs in Citigroup Deal

Fed Bails Out Rich Arabs in Citigroup Deal

Another article for the “oh really?” category. People have to realize that “the fed” is neither federal nor has any reserves. They are a privately owned and controlled group of supra-national bankers (if you can call them that.) As such they don’t give a hoot about anyone else’s opinion because ultimately they wield a very large amount of power.

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CWQTPY Media News Politics

Commentary: Bankruptcy, not bailout, is the right answer (CNN)

Commentary: Bankruptcy, not bailout, is the right answer – CNN.com

A very well written article on the current “crisis.” On a side note, this whole mess started before Senator McCain even assumed office.

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CWQTPY News Politics

Quotable: Homeland Security chief Michael Chertoff suggests hackers, not Wall Street, are biggest threat to U.S. financial stability

Quotable: Homeland Security chief Michael Chertoff suggests hackers, not Wall Street, are biggest threat to U.S. financial stability

It’s the usual “don’t look at the man behind the curtain” distraction. It really is his sort and the “federal” reserve that are slowing down the economy. Not just now though, more like all the time.

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CWQTPY News Politics

Willful misconduct (Washington Times)

Willful misconduct – – Breaking News, Political News & National Security News – The Washington Times

Or easier still, Congress could simply abolish the federal reserve and reintroduce the gold standard. Unlike their usual poncy schemes, that one would actually help our economy.