Free Republic

As we've been noting, there have been a lot of very unhappy bears out there lately, who have been forced to suffere through this trashy, low-volume, short-covering sucker's rally. No amount of questioning the green shoots has done them any good, as bulls have trampled over them everytime they dare make a stand. Yesterday was particularly painful, since the day's gains broke what was starting to be a slide last week. But today's pain -- and in particular soaring interest rates -- gives them reason for hope. If Treasury yields keep moving up, the Fed will have been rendered neutered...

As a matter of fact, the recent step taken by the Fed proves that, though they do not admit it, they are in fact beginning to realize that they are facing a problem of general insolvency in the US (and in the related countries, such as UK (1)), affecting the federal State, federated states, companies, banks and households. For this reason, they have started (2) buying the T-Bonds issued by the US federal government. Of course this is pure money creation and a clear signal that Washington is now compelled to pay its abysmal deficits by issuing thousands of billions...

To my knowledge, no one has proposed waterboarding the US Federal Reserve. But the hostile reaction of much of the country's political leadership to suggestions that the Government Accountability Office (GAO) audit the Federal Reserve Board might lead people to think that waterboarding was being called for. The basic story is straightforward. The US Congress has lent more than $700bn, via the Treasury, to bankers at below market interest rates through the troubled assets relief programme, or Tarp. This was to keep the banks from going belly up. At the same time, the Fed has lent more than $2 trillion...

Our economy, banking and lending system will never heal up in the US if we don’t start practicing real fairness and common sense. As it is with the latest series of bailouts for the auto industry and bankers, bad business is rewarded and incompetence gets the prize. According to this President and this congress, the greedier, more naïve and failure in business you are, the more money you should have of Tarp funds. Did I say Tarp funds? I meant to say Shark funds. AIG and other investment institutions gave out idiot, 100% and even 130% loans for years whether...

The cross is the most powerful signal of Christianity. To believers it signifies the sacrifice of Jesus Christ for humanity and an invitation to become a Christian and be, presumably, saved. The cross is ubiquitous, whether it’s on churches, on dashboards, on doors or around necks. But it’s never been a really big deal in the Mormon church. As a youngster, I can’t count how many times I heard in Sunday school or Primary, “We don’t worship the cross.” That always struck me as sort of funny, since I never wanted to worship it. But I always thought the cross...

I watched with horror today a video of the Catholic Priest Father Weslin being arrested at Notre Dame over the weekend for trespassing (protesting abortion), while the most pro-abortion/pro-infanticide president (or politician for that matter) that this country has ever elected was honored by the same university. The link I have attached: http://www.youtube.com/watch?v=HDA0QvWqoss&feature=related is powerful because it shows the honoring of Obama while at the same time showing the arrest of Father Weslin. Just so everyone is clear on this, a university run by the Catholic Church had one of their own priests arrested for standing up for an undeniable...

Abortion is the supreme moral issue of our time. No other issue in the developed world is bigger, no other issue is as comparatively ignored. While we hem and haw about the economy and terrorism and Israel and health care, literally MILLIONS of unborn babies are being aborted each year. Millions. Probably the biggest obstacle the pro-life side has is convincing people that there is an abortion holocaust going on that makes the Nazis look like amateurs, and the Soviet gulag system look like a slap on the wrist. It is the sheer enormity of the issue, the implications of...

How he could say this without cracking up is beyond me.

Well, that's a big and bold question. For the next few months, we're going to try to go over each and every section of the budget and show the waste, fraud and abuse in the budget alone. Things that a responsible party, whether it's the Republicans or a new party, built on the Tea Party movement, can use to show the American public just how bad the graft is. We've all heard about "The Bridge to Nowhere". But, there are many, many things in the budget that you may not have heard about, and starting now, we're going to start...

Joel Simon of the Committee to Protect Journalists rightly says that bloggers are in the vanguard of the information revolution we're going through thanks to the Internet. The impact on things like political freedom and social tolerance is hard to measure, but it's safe to say that whether through websites, blogs, emails, Facebook or Twitter, more people are transmitting information and venting views than ever before. Authoritarian regimes have been unable to stop the march of media freedom, but they continue to try. And bloggers are in the crosshairs--sometimes literally. CPJ has just come out with a report called "The...

You know my feelings about Sarah Palin. I was all for her at the beginning of her run as John McCain's VP pick. But then, I discovered what an utter ignoramus, lightweight, and ideologically spineless person she was (she ain't the conservative people claim she is, and she just hasn't a clue on most of it). On top of that, we all discovered how this absentee parent put her blind ambitions way ahead of her own family and now has a baby mama daughter to show for it, not to mention a baby daddy who argues back and forth with...

Maybe worse than the first Camaro wreck is the first Chevy Camaro breakdown. This "p**sy magnet" Bumblebee-yellow Camaro lost all electrical power and coasted to a stop with a scant 40 miles on the odometer. The ecstatic new owner, a forum fan-girl by the name of BUMLB, was crushed when the car conked-out cruising through a parking lot at a leisurely 5 MPH, completely losing all electrical power, locking the gear selector and the key in the ignition. A flatbed towed the disabled car to a dealer where diagnosis found the cable running from the trunk mounted battery had frayed...

On March 28, Hamoud Bin Saleh, a Saudi Christian arrested in January for writing about his conversion from Islam and criticizing the Saudi kingdom's crackdown on individual rights, was released from prison, according to Compass Direct News. Hamoud is reportedly forbidden to travel outside the country or appear in the media. In a recent post on his blog, Hamoud attributed his release to several human rights groups that campaigned on his behalf. "A nation which lives in this system cannot guarantee the safety of its individuals," he blogged, according to Compass Direct. In Saudi Arabia the penalty for converting from...

(United States Army) This week the Army not only launched an official blog portal, but also an Army fan page on Facebook.

From homeless to cause celebre, things are happening fast for the Central Florida singer-songwriter ever since he debuted his now famous “The American Tea Party Anthem” at Orlando’s Tea Party three weeks ago. Self-described Black American Conservative Lloyd Marcus was feted last Friday night before the Santa Barbara Tea Party by famed songwriter Tom Snow at Snow’s fabulous Montecito mansion overlooking the valley and Pacific Ocean beyond.

Orlytaitz: I have sent a Cease and Desist letter to Lisa Ostella, advising her to stop operating DefendOur Freedoms sites and stop using my pictures and posts and write posts under the name defend Our Freedoms foundation, as this foundation is registered under my name.

Humor me a minute. I have a disturbing story about my web Site and Blog. I publish a web site with advice for buying a puppy. It contains information about dealing with breeders and avoiding pet stores and puppy mills. It also contains some dog news (remember this for later) and training tips. My Blog has similar articles and is heavily cross linked with my web site.I recently added Google AdSense to generate a few pennies of revenue here and there. The Blog and Main Site have very similar levels of traffic, but the Blog is the only place earning...

Blogger becomes casualty of Iran cyber-wars The Associated Press - ‎Apr 11, 2009‎ He was Iran's first known casualty in the skirmishes between bloggers challenging the Islamic regime and authorities striking back with the tools they know ...

The Saudi Arabian newspaper al-Watan reported today that Turkish security services have arrested a man of Syrian origins Friday in connection with a plot to assassinate President Barack Obama during his current visit to Turkey. The man, who was carrying an Al-Jazeera TV ID card in the name of M.G., confessed after his arrest that he was planning on stabbing the U.S. president with a knife during the Alliance of Civilizations summit held in Istanbul, adding that he had three other accomplices to help him execute his plan. According to the paper, Turkish investigators were trying to verify whether the...

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