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Keyword: lunacy

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  • Christian bakery guilty of violating civil rights of lesbian couple

    01/22/2014 6:41:31 AM PST · by armydawg505 · 101 replies
    foxnews.com ^ | 1/21/14 | Todd Starnes
    The owners of a Christian bakery who refused to make a wedding cake for a lesbian couple are facing hundreds of thousands of dollars in fines after they were found guilty of violating the couple’s civil rights. The Oregon Bureau of Labor and Industries said they found “substantial evidence” that Sweet Cakes by Melissa discriminated against the lesbian couple and violated the Oregon Equality Act of 2007, a law that protects the rights of the LGBT community. Last year, the bakery’s owners refused to make a wedding cake for Rachel Cryer and Laurel Bowman, of Portland, citing their Christian beliefs....
  • US military proposal would keep 10,000 troops in Afghanistan after 2014

    01/22/2014 6:21:56 AM PST · by armydawg505 · 13 replies
    foxnews.com ^ | 1/22/14 | unknown
    <p>Military leaders have submitted a proposal to the White House that would keep 10,000 troops in Afghanistan after the U.S. combat mission ends in 2014, a senior U.S. official confirms to Fox News.</p> <p>The 10,000-troop plan or any other troop proposal could still be rejected by Afghan President Hamid Karzai, who has not yet signed a security agreement that would allow American soldiers to remain in the country.</p>
  • The Roberts Trap Is Sprung

    01/03/2014 4:49:02 PM PST · by Kaslin · 202 replies
    American Thinker ^ | January 2, 2014 | Bill Dunne
    One of the most overlooked aspects of the year just ended is the vindication of Chief Justice John Roberts -- a vindication that showed up as the national catastrophe known as ObamaCare got rolling. Roberts may have also doomed Hillary Clinton's chance to live in the White House again. The chief justice, an appointee of President George W. Bush and reputedly a constitutionalist in his jurisprudence, set his diabolical trap (diabolical to Democrats) on June 28, 2012, when he joined with the four liberal justices on the Supreme Court to uphold the constitutionality of ObamaCare. Conservatives and Republicans across the...
  • Regulators Vote to Back Volcker Rule

    12/10/2013 11:18:58 AM PST · by oblomov · 58 replies
    WSJ ^ | 10 Dec 2013 | Scott Patterson, Shayndi Raice, Katy Burne
    <p>WASHINGTON—All five regulatory agencies put to a vote and approved the Volcker rule on Tuesday, ushering in a new era of tough oversight that drills to the core of Wall Street's profitable markets and trading businesses.</p> <p>The rule will put in place new hurdles for banks that buy and sell securities on behalf of clients, known as market making, and will restrict compensation arrangements that encourage risky trading. The Fed also approved an extension to give banks until July 2015 to comply with the rule, though firms will be expected to make "good faith" efforts to get into compliance earlier.</p>
  • In sickness and in health? That’s too religious for a civil wedding (UK)

    07/01/2013 4:56:20 PM PDT · by Olog-hai · 11 replies
    Daily Telegraph (UK) ^ | 10:01PM BST 01 Jul 2013 | John Bingham
    It is a phrase used for centuries by couples pledging to be faithful to each other. But as Gary and Louise Lidington, from London, made final preparations for their wedding last weekend, they received an urgent telephone call from council registrars warning that they could not legally say the words “in sickness and in health”. Officials in Tower Hamlets, east London, said that the phrase, which is used around the world, was too “religious” for a civil ceremony. The couple were forced to rewrite their vows, which they chose because of their traditional ring, just hours before the wedding, which...
  • Ct Sen Murphy(attempts to) intimidate news corp "NRA 500"

    04/11/2013 1:11:18 PM PDT · by CGASMIA68 · 14 replies
    Courant Blog ^ | 4/11/13 | Blog
    Ct Sen Murphy has asked News Corp not to air the NASCAR NRA 500.
  • Will 'transgender rights' drive Catholics out of public schools?

    03/17/2013 8:43:07 AM PDT · by caldera599 · 40 replies
    Catholic News Agency ^ | 03/16/2013 | Mary Hasson
    The Massachusetts Board of Education recently issued formal “guidance” to the state’s public schools, telling them how to implement new laws protecting against gender identity discrimination. The Board of Education insists that schools must not only provide equal access to educational activities programs but also proactively “create a culture” that would make gender-nonconforming and transgender kids “feel safe, supported, and fully included.” The result? Transgender children must be allowed to use the restrooms and locker rooms of the opposite sex, if they so choose. Teachers will “work with” other students who object to the invasion of privacy, helping them over...
  • RAND PAUL/VAN JONES 2016: (HAS THE GOP REALLY STOOPED THIS LOW TO SUPPORT THIS CLOWN?)

    03/09/2013 6:15:57 PM PST · by RaceBannon · 149 replies
    sultanknish.blogspot.com ^ | 3/9/2013 | Daniel Greenfield
    Here's an easy way to tell when your position isn't a conservative one. When you're standing with Van Jones, your position isn't a conservative one. When you're standing with Code Pink, then your position is not a conservative one. No amount of noise or chest-beating is going to change that.
  • Goldman Sachs Made 400 Million Betting On Food Prices In 2012 While Hundreds Of Millions Starved

    01/27/2013 6:18:38 AM PST · by SeekAndFind · 37 replies
    TEC ^ | 01/25/2013 | Michael Snyder
    Why does it seem like wherever there is human suffering, some giant bank is making money off of it? According to a new report from the World Development Movement, Goldman Sachs made about 400 million dollars betting on food prices last year. Overall, 2012 was quite a banner year for Goldman Sachs. As I reported in a previous article, revenues for Goldman increased by about 30 percent in 2012 and the price of Goldman stock has risen by more than 40 percent over the past 12 months. It is estimated that the average banker at Goldman brought in a...
  • Rubio To Deliver GOP Response to Obama's State of the Union (in English and Spanish)

    02/06/2013 4:31:21 PM PST · by drewh · 35 replies
    The Hill ^ | 02/06/13 03:40 PM E | By Daniel Strauss
    Sen. Marco Rubio (R-Fla.) will deliver the Republican response to President Obama's State of the Union address on Feb. 12. Rubio's response will be delivered in both English and Spanish, according to Speaker John Boehner's (R-Ohio) office. "Marco Rubio is one of our party’s most dynamic and inspiring leaders. He carries our party’s banner of freedom, opportunity and prosperity in a way few others can. His family’s story is a testament to the promise and greatness of America," Boehner said in a statement on Wednesday. "He’ll deliver a GOP address that speaks from the heart to the hopes and dreams...
  • Solar development absorbing Calif. farmland

    02/03/2013 9:06:54 AM PST · by ProtectOurFreedom · 24 replies
    San Jose Mercury News ^ | 2/2/12 | Tracie Cone
    With California mandating that 33 percent of electricity be generated from renewables by the end of the decade, there are 227 proposed solar projects in the pipeline statewide.. Coupled with wind and other renewables they would generate enough electricity to meet 100 percent of California's power needs on an average summer day... Developers are flocking to flat farmland near power transmission lines, but agriculture interests, environmental groups and even the state are concerned that there is no official accounting of how much of this important agricultural region's farmland is being taken out of production. Planning department records in four of...
  • Sunstein: Obama Wants 'Second Bill of Rights' (modeled after 1944 FDR State of the Union speech)

    01/29/2013 10:48:42 AM PST · by drewh · 65 replies
    Big Government ^ | 28 Jan 2013 | by Breitbart News
    Former Obama administration regulatory czar Cass Sunstein has published an op-ed: that the president wants a "second Bill of Rights" alongside the existing one. Sunstein located the source of Obama's inspiration in Franklin Delano Roosevelt's 1944 State of the Union address, rather than the South African constitution--though the American academics whose writings inspired South Africa's ambitious Bill of Rights could well have taken Roosevelt's proposals as their foundation. Roosevelt's Second Bill of Rights--not a list of constitutional amendments, but policy goals--was as follows: In our day these economic truths have become accepted as self-evident. We have accepted, so to speak,...
  • Ryan blames Republican election loss on poor communication, turnout

    01/23/2013 5:25:02 PM PST · by Baynative · 97 replies
    reuters ^ | 1/23/13 | Thomas Ferraro
    (Reuters) - Ending a self-imposed silence about the November election, 2012 Republican vice presidential nominee Paul Ryan said on Wednesday that he and presidential running mate Mitt Romney lost not because of ideas, but due to ineffective communication.
  • Inequality Is Holding Back the Recovery

    01/21/2013 11:58:19 AM PST · by Sir Napsalot · 34 replies
    NY Times Op-Ed ^ | 1-19-2013 | Joseph Stiglitz
    Politicians typically talk about rising inequality and the sluggish recovery as separate phenomena, when they are in fact intertwined. Inequality stifles, restrains and holds back our growth. When even the free-market-oriented magazine The Economist argues — as it did in a special feature in October — that the magnitude and nature of the country’s inequality represent a serious threat to America, we should know that something has gone horribly wrong. ... There are four major reasons inequality is squelching our recovery. The most immediate is that our middle class is too weak to support the consumer spending that has historically...
  • PAUL KRUGMAN: The Deficit Is Basically Solved

    01/11/2013 8:21:14 AM PST · by blam · 71 replies
    TBI ^ | 1-11-2013 | Walter Hickey
    PAUL KRUGMAN: The Deficit Is Basically Solved Walter HickeyJan. 10, 2013, 4:00 PMMany people think that fixing the deficit is a painful process that involves deep cuts to crucial programs. Some think the process is too hard, and it's not worth trying yet. That's not correct, according to a chart from from the Center on Budget and Policy Priorities' Richard Kogan showing just how far the United States has come in the past two years. We've talked before about how the painless and most effective solution to the deficit is additional growth in GDP. As the recovery progresses and GDP...
  • 'Obamacare' saves consumers nearly $1.5 billion

    12/05/2012 6:06:24 PM PST · by Nachum · 115 replies
    L.A. Times ^ | 12/5/12
    Washington — Consumers saved nearly $1.5 billion in 2011 as a result of rules in President Obama´s healthcare law that limit what insurance companies can spend on expenses unrelated to medical care, including profit, a new analysis shows. Much of those savings — an estimated $1.1 billion — came in rebates to consumers required because insurers had exceeded the required limits. The study by the New York-based Commonwealth Fund also suggests that the Affordable Care Act forced insurers to become more efficient by limiting their administrative expenses, a key goal of the 2010 law. In some cases, insurers passed savings...
  • CNBC Exec’s Children Murdered; 1 Day After CNBC Reports $43 Trillion Bankster Lawsuit

    11/17/2012 8:43:05 AM PST · by Renfield · 83 replies
    Intelhub ^ | 10-27-2012 | JG Vibes
    This week financial news organization CNBC gave some mainstream attention to the largest money laundering and racketeering lawsuit in United States History, in which “Banksters” and their U.S. racketeering partners are being accused of laundering of 43 trillion dollars worth of ill gotten gains.The lawsuit is said to involve officials located in the highest offices of government and the financial sector.Since this information was surprisingly revealed by the mainstream news organization there has been a very suspicious and deadly fallout at the CNBC headquarters.Within hours the original page for the article was taken down, and CNBC senior vice president Kevin...
  • We’ll dilute our way out of it! (re GOP/Grover Norquist Plan to Grant Amnesty to Illegals)

    11/14/2012 7:01:12 PM PST · by Arthurio · 23 replies
    Daily Caller ^ | Mickey Kaus
    - The Daily Caller - http://dailycaller.com - The Grover Plan: More Cowbell!Posted By Mickey Kaus On 5:58 AM 11/13/2012 @ 5:58 AM In DC Exclusives,KausFiles | No Comments We’ll dilute our way out of it! Republicans did poorly among Hispanics last week. How to address that problem? The answer, they’re told by Washington savants, is to back an immigration reform that … increases the number of Hispanics! It’s a plan so crazy it just might be crazy.Joshua Culling, who works for Grover Norquist’s Americans for Tax Reform, elaborates on the plan elsewhere on this site. It turns out the idea–let’s...
  • Proposition 37: Mandatory labeling of genetically engineered food

    10/21/2012 8:06:01 PM PDT · by RushingWater · 385 replies
    KABC TV Los Angelos ^ | 10/05/2012 | Robert Holguin
    GLENDALE, Calif. (KABC) -- Proposition 37 is a measure to require mandatory labeling of genetically engineered food. There are two sides to this contentious issue.
  • Plastic regulations: Statewide regulations needed as Santa Cruz ban adds to confusion

    07/14/2012 6:06:14 AM PDT · by Oldeconomybuyer · 28 replies
    Santa Cruz Sentinel ^ | July 12, 2012 | Editorial
    The city of Santa Cruz, usually at the forefront of environmental causes, became the latest, but probably not the last, local government to ban single-use plastic bags, with the 6-0 vote by the City Council Tuesday night. Santa Cruz banned foam products as well. Santa Cruz's new law on foam products, for instance, will outlaw foam coolers, toys, shipping containers and packing peanuts. The city of Capitola also bans foam ice chests and coolers, and the county bans foam food containers. The 48 and counting plastic bag and foam bans of some type in California offer a patchwork of regulations,...
  • San Fran Sicko Offers Window On America's 'Progressive' Future

    07/09/2012 12:37:04 PM PDT · by Reaganite Republican · 11 replies
    Reaganite Republican ^ | July 10 , 2012 | Reaganite Republican
    Once one of the most beautiful cities in America, San Francisco is now a bastion of 'progressive' lunacy: the law is basically ignored, the homeless are encouraged to camp-out... convicted felons are given jobs over honest citizens... our military is hated and disrespected... and droves of gay activists walk the streets stark-naked. Public decency laws, federal immigration laws, and plain common-decency have been replaced by a city that no longer respects itself, or others... And if the 'progressives' have their way- the whole country will look just this nuts. So if you want to be offended, disrespected, and insulted, plan a...
  • US Citizens Dump Stocks And Precious Metals To Afford Obamacare

    06/28/2012 7:59:15 AM PDT · by quesney · 40 replies
    OIL STOCKS GOLD
  • Desperation: Obama Surrogate Calls to Make Voting Mandatory

    06/21/2012 4:23:13 PM PDT · by ColdOne · 123 replies
    breitbart.com ^ | 6/21/12 | Ben Shapiro
    Peter Orszag, former head of the Obama Office of Management and Budget, is desperate. With even Roll Call recognizing that President Obama is fighting an uphill battle for re-election, Orszag is floating a trial balloon: mandatory voting. His call for forced voting comes in an op/ed for Bloomberg News: The U.S. prides itself as the beacon of democracy, but it’s very likely no U.S. president has ever been elected by a majority of American adults. It’s our own fault -- because voter participation rates are running below 60 percent, a candidate would have to win 85 percent or more of...
  • How Romney Can Win the Presidency - This Week

    06/18/2012 6:01:00 AM PDT · by Kaslin · 63 replies
    Townhall.com ^ | June 18, 2012 | Wayne Allyn Root
    Obama is perhaps the most divisive President in modern U.S. history. The country is in severe economic crisis -- history books will someday call this the Obama Great Depression. Yet our President doesn’t see fit to deal with the economy in general. He doesn’t make big announcements to save Americans in general. He doesn’t have a plan to create jobs for all Americans. Because for Obama it isn't about America...or the economy...or jobs. It's all about cold, hard, heartless politics. Obama sees politics as divided by race. Everything he does is about division. Obama divides rich vs. poor (with his...
  • Al Sharpton to Receive Humanitarian Honor at 2012 BET Awards

    06/18/2012 4:14:09 AM PDT · by YourAdHere · 12 replies
    Afro ^ | 6/15/12
    The Rev. Al Sharpton, leader of the National Action Network, will be honored with a humanitarian award at the BET annual awards show at the Shrine Auditorium in Los Angeles July 1, the network announced. BET said Sharpton will receive the 2012 Humanitarian Award for his commitment to political activism and social reform over the last five decades. “As the Founder and President of the National Action Network, Sharpton continues to raise awareness about civil rights and political issues, and actively takes a stand against prejudice and injustice for all people-no matter one's race, gender, sexual orientation or political affiliation,”...
  • Vanity,liberalism in Manchester Ct, crunchy kinda people aka loones

    06/15/2012 6:53:20 AM PDT · by CGASMIA68 · 8 replies
    indeed.com job site ^ | 61512 | t1b8zs
    Loving Soul To Spend Time With Our Daughter Manchester, CT 06042 Occasional (as needed) Hi there, my daughter will be turning 4 in August. We've never really had a babysitter for her, other than my parents, but I am feeling like it would be really nice to have another person or 2 we could call upon to watch her when we have plans, events, etc that come up. Here's a bit about us: I am an artist & living food chef. I also teach classes and do consults. Her dad does freelance film work, so his schedule is different every...
  • First big piece of 'Electric Highway' gets juice

    03/17/2012 9:02:15 PM PDT · by ProtectOurFreedom · 103 replies
    San Jose Mercury News ^ | 3/16/12 | Jeff Barnard
    Electric car drivers hit the road Friday to inaugurate the first major section of a West Coast "Electric Highway" dotted with stations where they can charge up in 20 minutes. The stretch of 160 miles of Interstate 5 served by eight stations marks the next big step in developing an infrastructure that until now has been limited primarily to chargers in homes and workplaces. The stations go from the California border north to the Oregon city of Cottage Grove and are located at gas stations, restaurants and motels just off the nation's second-busiest interstate. One is at an inn that...
  • Why Liberals Should be Nervous about Santorum’s Super Tuesday

    03/07/2012 3:44:17 PM PST · by NYer · 39 replies
    Global Comment ^ | March 8, 2012 | Kristin Rawls
    When I heard yesterday that Sarah Palin was already talking about a potential presidential bid in 2016, I saw the writing on the wall: The Republican establishment isn’t even pretending to care about 2012 anymore. That an Obama win seems certain despite Obama’s middling approval ratings is an embarrassment to the Republican Party, to be sure. The people in the trenches care, certainly, but the Party bigwigs? Not so much.Even so, those who are sounding alarms about the end of the Party as we know it need to calm down and remember 2004. By the end of George W. Bush’s...
  • Santorum on Obama Pushing College for All Americans: "What a Snob"

    02/25/2012 1:45:38 PM PST · by Kaslin · 47 replies
    Townhall.com ^ | February 25, 2012 | Erica Johnson
    Well said, Santorum -- well said. At a campaign stop in Michigan on Saturday morning: Santorum On Obama 'What A Snob' "Not all folks are gifted in the same way. Some people have incredible gifts with their hands... and want to work out there making things. President Obama once said, he wants everybody in America to go to college. What a snob. There are good decent men and women, who go out everyday to put their skills to test that aren't taught by some liberal college professor trying to indoctrinate them. Oh, I understand why he wants you to go...
  • Rick Santorum: JFK’s 1960 Speech Made Me Want to Throw Up (Church is allowed to influence the state)

    02/26/2012 11:51:04 AM PST · by SeekAndFind · 119 replies
    ABC News ^ | 02/26/2012 | George Stephanopoulos
    GOP presidential hopeful Rick Santorum said today that watching John F. Kennedy’s speech to the Baptist ministers in Houston in 1960 made him want to “throw up.” “To say that people of faith have no role in the public square? You bet that makes you throw up. What kind of country do we live that says only people of non-faith can come into the public square and make their case?” Santorum said. “That makes me throw up and it should make every American who is seen from the president, someone who is now trying to tell people of faith that...
  • Karen Santorum: Husband's surge 'is God's will'

    02/24/2012 5:57:11 AM PST · by Mangia E Statti Zitto · 63 replies
    The Washington Times ^ | 2/23/2012 | Stephen Dinan
    The wife of presidential candidate Rick Santorum said Thursday that his rise in the polls is due to God working in mysterious ways. "I personally think this is God's will. I think He has us on a path, and I do think there's a lot more happening than what we're seeing," Karen Santorum told Glenn Beck as she and her husband sat for an interview on his Web-based show, GBTV. "Personally I mean I think Rick's a great guy, and he's really smart and everything. But I think a lot more is happening than what we can actually see."
  • Santorum: Obama wants to 'indoctrinate' students by boosting college enrollment

    02/23/2012 7:51:26 PM PST · by writer33 · 18 replies
    CBS ^ | 02/23/12 | Rebecca Kaplan, Matthew Shelley
    DALLAS, Texas - Republican presidential candidate Rick Santorum said Thursday that President Obama wants more young adults to go to college so they can undergo "indoctrination" to a secular world view. In an hour-long interview with conservative television host Glenn Beck, Santorum also defended his record on abortion and his vote in favor of President George W. Bush's No Child Left Behind education law. On the president's efforts to boost college attendance, Santorum said, "I understand why Barack Obama wants to send every kid to college, because of their indoctrination mills, absolutely ... The indoctrination that is going on at...
  • Billionaire Sheldon Adelson Says He Might Give $100M To Newt Gingrich Or Other Republican

    Sheldon Adelson plays as stubbornly in politics as he does in business. So the criticisms that he’s trying to personally buy the presidential election for Newt Gingrich are met with a roll of the eyes. “Those people are either jealous or professional critics,” Adelson tells me during his first interview since he and his wife began funneling $11 million, with another $10 million injection widely expected, into the former speaker’s super PAC, Winning Our Future. “They like to trash other people. It’s unfair that I’ve been treated unfair—but it doesn’t stop me. I might give $10 million or $100 million...
  • Romney praises Hezbollah's healthcare system

    01/24/2012 1:34:20 AM PST · by RaceBannon · 15 replies
    in his own words, unreal
  • Money for Santorum

    01/21/2012 10:53:47 PM PST · by gogogodzilla · 139 replies
    RedState ^ | 22 January 2012 | Erick Erickson
    I can confirm tonight from multiple sources that phone calls are in fact occurring between Republicans in Washington and among evangelical leaders to raise money for Rick Santorum rapidly. The sources tell me that this is not for a Santorum win, though the evangelicals I spoke to continue to hope it is possible. This is to stop Newt Gingrich. One evangelical leader I spoke to said, “If Newt wins, we won’t be able to make family values an issue in the general.” One lobbyist I spoke to said, “They [the GOP leaders in DC] are really nervous about Gingrich and...
  • A Fine for Not Using a Biofuel That Doesn’t Exist

    01/10/2012 8:49:41 AM PST · by epithermal · 31 replies
    New York Times ^ | Jan 9, 2012 | Matthew L Wald
    WASHINGTON — When the companies that supply motor fuel close the books on 2011, they will pay about $6.8 million in penalties to the Treasury because they failed to mix a special type of biofuel into their gasoline and diesel as required by law. But there was none to be had. Outside a handful of laboratories and workshops, the ingredient, cellulosic biofuel, does not exist. In 2012, the oil companies expect to pay even higher penalties for failing to blend in the fuel, which is made from wood chips or the inedible parts of plants like corncobs. Refiners were required...
  • Earth Must Have Another Moon, Say Astronomers

    12/22/2011 7:05:56 AM PST · by Lonesome in Massachussets · 43 replies
    Back in 2006, the Catalina Sky Survey in Arizona noticed that a mysterious body had begun orbiting the Earth. This object had a spectrum that was remarkably similar to the titanium white paint used on Saturn V rocket stages and, indeed, a number of rocket stages are known to orbit the Sun close to Earth. But this was not an object of ours. Instead, 2006 RH120, as it became known, turned out to be a tiny asteroid just a few metres across--a natural satellite like the Moon. It was captured by Earth's gravity in September 2006 and orbited us...
  • Federal Reserve audit exposes major securities fraud and the embezzlement of $16 trillion.

    09/30/2011 11:19:55 AM PDT · by Lucky9teen · 43 replies
    http://presscore.ca ^ | September 21, 2011
    An audit of the Federal Reserve has revealed that the privately owned Federal Reserve secretly doled out more than $16 trillion in zero interest loans to some of the largest financial institutions and corporations in the United States and throughout the world. The non-partisan, investigative arm of Congress also determined that the Fed acted illegally. In fact, according to the report, the Fed provided conflict of interest waivers to its employees and private contractors so they could keep investments in the same financial institutions and corporations that were given emergency loans. The report is evidence that reveals major securities fraud...
  • FORGIVEN !

    11/13/2011 6:13:57 PM PST · by Jedediah · 2 replies
    The Joshua Chronicles ,bible ^ | 11-13-11 | Jedediah
    Circumstantial evidence is never exposed , For I circumcised you from the accuser when I Arose ! So take what I have given "forgiven ARE You" ! All that I have done by My Blood shed for you , So now in this power it is that you walk ! Fear not the enemy or his stalk , For I surround all those that fear and reverance Me , I AM the fullness of All 3 , Your Christ , Your Savior and Your Friend , I shall never forsake you for "We Are One" to the very end ,...
  • A Stupid Energy Policy

    11/12/2011 10:29:59 AM PST · by Kaslin · 3 replies
    Townhall.com ^ | November 12, 2011 | Amy Oliver
    By Amy Oliver and Michael SandovalIf lawmakers really cared about consumers, they would ditch expensive renewable energy mandates that require a subsidized market for resources that are not practical on a large scale.  It’s a classic case of putting the cart before the horse; policy came before practical application.The Department of Energy (DOE) reports that 24 states and the district of Columbia have renewable energy mandates ranging from Maine’s high of 40 percent to Pennsylvania’s low of 8 percent.  Also known as a “Renewable Portfolio Standard” (RPS), these policies require that energy providers ignore practicality and price in order to...
  • Blame the Fed for the Financial Crisis

    10/21/2011 10:17:02 AM PDT · by rabscuttle385 · 39 replies
    The Wall Street Journal ^ | 2011-10-20 | Ron Paul
    To know what is wrong with the Federal Reserve, one must first understand the nature of money. Money is like any other good in our economy that emerges from the market to satisfy the needs and wants of consumers. Its particular usefulness is that it helps facilitate indirect exchange, making it easier for us to buy and sell goods because there is a common way of measuring their value. Money is not a government phenomenon, and it need not and should not be managed by government. When central banks like the Fed manage money they are engaging in price fixing,...
  • Opponent Is Obama, Not Bernanke

    10/12/2011 6:32:39 PM PDT · by Kaslin · 14 replies
    IBD Editorial ^ | October 12, 2011 | Editor
    Politics: You'd think a Republican debate on the economy would be a perfect time to blast Obama policies as an unmitigated disaster. Yet Obama escaped largely unscathed. Whom do these folks think they're running against? If aliens landed Tuesday night and managed to find the GOP debate on Bloomberg TV, they might think the GOP candidates were running against Ben Bernanke, someone named Dodd-Frank, Obama-Care and China. Newt Gingrich focused his ire, for example, on Bernanke, saying he's "the first person to fire." Michele Bachmann went on about Dodd-Frank, calling it "the jobs and housing destruction act." Rick Santorum said...
  • I'm in the 1%. But I support the 99% (Brad Maher is a slave to the big machine)

    10/17/2011 12:36:16 PM PDT · by Libloather · 10 replies
    Guardian ^ | 10/14/11 | Brad Maher
    I'm in the 1%. But I support the 99%Last year, I earned a million dollars on Wall Street, but I'm sick of this society that skews the rewards for work so grotesquely Brad Maher Friday 14 October 2011 12.04 EDT **SNIP** I've chosen this life, of course, and I'm compensated for that financially. But I'm not part of the truly rich for whom taxes are optional, and for whom ever-increasing property prices are a source of entrenching their wealth. Thank God, my earnings permit me to live without the fears of the next energy bill, or phone bill, or medical...
  • Republican Leaders Warn Bernanke Against QE3

    09/20/2011 10:14:11 PM PDT · by blam · 9 replies
    TBI ^ | 9-20-2011 | Zeke Miller
    Republican Leaders Warn Bernanke Against QE3 Zeke Miller Sep. 20, 2011, 7:13 PM | Top Republican lawmakers in both chambers of Congress warned Federal Reserve Chairman Ben Bernanke against pursuing another round of quantitative easing after tomorrow's meeting of the Federal Open Market Committee. Questioning the efficacy of the first two rounds of monetary easing, Speaker of the House John Boehner (R-OH), Senate Majority Leader Mitch McConnell (R-KY), House Majority Leader Eric Cantor (R-VA) and Senate Minority Whip Jon Kyl (R-AZ) said they are concerned another round of QE could "exacerbate current problems or further harm the U.S. economy." Here's...
  • Full Text: Republicans’ Letter to Bernanke Questioning More Fed Action.

    09/20/2011 8:28:03 PM PDT · by RightGeek · 6 replies · 1+ views
    Wall Street Journal ^ | 9/20/2011 | Boehner, McConnell, Cantor, Kyl
    Dear Chairman Bernanke, It is our understanding that the Board Members of the Federal Reserve will meet later this week to consider additional monetary stimulus proposals. We write to express our reservations about any such measures. Respectfully, we submit that the board should resist further extraordinary intervention in the U.S. economy, particularly without a clear articulation of the goals of such a policy, direction for success, ample data proving a case for economic action and quantifiable benefits to the American people. It is not clear that the recent round of quantitative easing undertaken by the Federal Reserve has facilitated economic...
  • The Fed's Shadow TARP [by Jim DeMint]

    09/05/2011 6:14:24 AM PDT · by upchuck · 17 replies
    Team DeMint ^ | August 31, 2011 | Jim DeMint
    In the run-up to the financial crisis, the Federal Reserve fueled the housing bubble with its easy money policy. Now, we know that after the crisis struck, the Fed secretly propped up elite bankers all the way from Wall Street to Brussels to the Central Bank of Libya. A Bloomberg news investigation found that while the Treasury Department was pumping $700 billion into banks under the Troubled Asset Relief Program, the Fed was covertly operating its own bailout program — the biggest in American history. The Fed's Shadow TARP issued $1.2 trillion in loans to domestic and foreign banks from...
  • The Rescue That Missed Main Street

    08/28/2011 6:09:33 PM PDT · by neverdem · 5 replies
    NY Times ^ | August 27, 2011 | Gretchen Morgenson
    FOR the last three years we have been told repeatedly by government officials that funneling hundreds of billions of dollars to large and teetering banks during the credit crisis was necessary to save the financial system, and beneficial to Main Street... --snip-- Bloomberg reported that the Fed had provided a stunning $1.2 trillion to large global financial institutions at the peak of its crisis lending in December 2008. --snip-- In 2008, the Royal Bank of Scotland received $84.5 billion, and Dexia, a Belgian lender, borrowed $58.5 billion from the Fed at... --snip-- Mr. Todd also questioned the Fed’s decision to...
  • Aliens may destroy humanity to protect other civilisations, say scientists

    08/18/2011 4:01:02 PM PDT · by ApplegateRanch · 119 replies
    guardian.co.uk, ^ | 18 August 2011 | Ian Sample, science correspondent
    Rising greenhouse emissions may tip off aliens that we are a rapidly expanding threat, warns a report for Nasa It may not rank as the most compelling reason to curb greenhouse gases, but reducing our emissions might just save humanity from a pre-emptive alien attack, scientists claim. Watching from afar, extraterrestrial beings might view changes in Earth's atmosphere as symptomatic of a civilisation growing out of control – and take drastic action to keep us from becoming a more serious threat, the researchers explain. This highly speculative scenario is one of several described by scientists at Nasa and Pennsylvania State...
  • They’re Coming: Fight “Warming” – Beat Them Aliens?

    08/18/2011 9:29:29 PM PDT · by AustralianConservative · 19 replies
    The Winston Review ^ | August 19, 2011 | -TWR-
    Extra, extra read all about it (hat tip Andrew Bolt): Aliens may destroy humanity to protect other civilisations, say scientists Rising greenhouse emissions may tip off aliens that we are a rapidly expanding threat, warns a report for Nasa Is it April Fools’ Day, or is someone playing the alien card? The scare report was brought to us by the Guardian’s science correspondent, Ian Sample. One threat – preemptive strikes: The authors warn that extraterrestrials may be wary of civilisations that expand very rapidly, as these may be prone to destroy other life as they grow, just as humans have...
  • The Case for MORE Spending to Prevent a Recession

    08/08/2011 11:57:23 AM PDT · by central_va · 21 replies
    The Case for MORE Spending to Prevent a Recession By Matt Nesto | Breakout – 3 hours ago It took Jimmy Buffett three verses to admit it in Margaritaville, but even he figured it out eventually. "Some people claim that there's a woman to blame, But I know, it's my own damn fault." Get the idea? Dean Baker sure does. He's the Co-Director of the Center for Economic and Policy Research, and a believer of the theory that we are our own worst enemy when it comes to getting the country back on its feet, financially speaking. "We're worsening the...