Free Republic

Alex will be speaking at the Taking Back America National Conference in Miami. This event will have a long list of notable conservative speakers including Congresswoman Michele Bachman. This will be an event not to miss!When: Thursday, September 16th – Event runs from 9am-10pm – Alex speaks @ 4:30pm Where: Doral Golf Resort & Spa – 4400 N.W. 87th Ave., Miami, FL 33178 For more info: http://www.takingamericaback2010.com/

"The point of fiat currencies is to debase them as needed" While some investors remain concerned that lax monetary policy could end up resulting in inflation sometime down the road, we would argue instead that the whole point of having a fiat currency is to be able to debase it when the economic conditions require it. LINK TO PDF

WASHINGTON, Nov 02, 2009 (Xinhua via COMTEX) -- BKIAF | Quote | | News | PowerRating -- The International Monetary Fund announced on Monday the sale of 200 tons of gold to India's central bank, almost half the total sales volume of 403.3 tons that was approved by the Executive Board in September. "I strongly welcome this transaction with the Reserve Bank of India," Managing Director Dominique Strauss-Kahn said in a statement. "This transaction is an important step toward achieving the objectives of the IMF's limited gold sales program, which are to help put the Fund's finances on a sound...

The Genius of Goldman? July 14th, 2009 · 41 Comments · Politics, Money and Markets The Genius of Goldman? What’s up with the mainstream media acolytes who keep aluding to the genius of Goldman Sachs?What genius?If it wasn’t for their former CEO Hank Paulson bankrupting their competition (Bear and Lehman) and then extorting Congress behind closed doors under the threat of martial law, they wouldn’t even be in business today.Does having your former CEO being able to choose who among your competitors lives, or dies, make you a genius?Does having your former CEO bail you out via the backdoor of...

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A U.S. Army Reserve major from Florida scheduled to report for deployment to Afghanistan within days has had his military orders revoked after he argued that he should not be required to serve under a president who has not proven his legitimacy for office. His attorney, Orly Taitz, confirmed to WND the military has rescinded his impending deployment orders. "We won! We won before we even arrived," she said with excitement. "It means that the military has nothing to show for Obama. It means that the military has directly responded by saying Obama is illegitimate – and they cannot fight...

One of the more remarkable things about the expansion of the subprime financial crisis into a general economic contraction is the Federal Reserve System's narcissistic focus on itself. In his speeches, Ben Bernanke spends more time talking about the Federal Reserve's balance sheet and how stupendously fabulous it continues to be despite the vast quantities of loans it is making to shore up various aspects of the financial system than he does about the unemployment rate or the expected effects of economic contraction on the public. It's rather like a seeing a speeding school bus full of children smash into...

Fed Hit by Subpoena - Fasten Your Seatbelt By Axel Merk on Wednesday, June 10, 2009 · 6 Comments  The Federal Reserve was served a subpoena from a Congressional committee Tuesday, as lawmakers demanded documents related to Bank of America’s acquisition of Merrill Lynch. In our view, this is a precursor of more trouble to come for the Fed. We have argued for some time that Fed Chairman Bernanke completely underestimates the political dimensions of the policies he pursues. The various "credit easing" programs have little to do with monetary policy, the domain of the Fed. Monetary policy ought to...

William Murphy of GATA (Gold Anti-Trust Action Committee) explains how the 'Cartel' suppresses the price of gold The Daily Bell The editors of the Daily Bell are pleased to present this comprehensive and exclusive interview conducted by Scott Smith with William Murphy of the Gold Anti-Trust Action Committee.Introduction: Bill Murphy grew up in Glen Ridge, New Jersey and graduated from the School of Hotel Administration at Cornell University in 1968. His senior year he broke all the single season Ivy League pass receiving records and was Honorable Mention on the All-America Football team. He went on to become the...

President Obama announced on May 19, 2009, a “historic agreement to help America break its addiction to oil.” The centerpiece of that announcement was a new 35.5-mpg CAFE standard for 2016. Rocky Mountain Institute (RMI) has been advocating the entry of fuel-efficient cars into the market for years. The time is now ripe, and we are in the midst of a major national push for the adoption of these cars. One of the barriers to widespread adoption is the common-yet-misleading line of logic that most consumers follow—that fuel efficiency equates to smaller, less safe cars. This misperception is fed by...

Congressman Paul gives his perspective on the swine flu issue.

"The Federal Reserve took on more than $74 billion in subprime mortgages, depreciating commercial leases and other assets after Bear Stearns Cos. and American International Group Inc. collapsed."

In a series of maneuvers, Chinese officials have revealed their strategy implementation in a very broad set of steps. Beijing leaders plan to establish the yuan currency as a global reserve currency. The process will be made more complete after issuance of a large volume of Chinese Govt debt securities, soon in coming. The number of policy actions is impressive. While the USGovt is busy stepping backwards with FASB rules enabling false bank accounting, gearing up Treasury programs to direct colossal elite welfare / confiscation to failed banks responsible for the crisis, covering up Wall Street fraud and regulatory lapses...

Why Gold Owners Are Targets of the Government Gary North If you own gold, you are in a war. You are under assault. You had better figure this out early. There is a full-scale war against you. The politicians and central bankers who are conducting this war against you are determined to see that you lose money on your investment. I have written a detailed report on this: The Gold Wars." You can download it free of charge here: http://www.GaryNorth.com/GoldWars.pdf The reason why you are under assault is because you have demonstrated by your purchase of gold or a...

I estimate at least 10K people there. Both sides of two city blocks, so crowded you couldn't walk through in some spots. And thousands of cars driving by and honking their horns, drivers cheering in support! The media ignored it, but anyone within a few blocks could hear it just fine.

The Theft of a Nation Stewart Dougherty Apr 10, 2009 Fifty years ago, on March 23, 1959, Ian Fleming's novel, Goldfinger was published to great popular acclaim. In the movie released five years later, arch villain Auric Goldfinger attempts to detonate a nuclear device inside the gold depository at Fort Knox, radioactively contaminating the nation's gold reserves for decades and making them untouchable. Goldfinger's motive is to drive up the value of his personal gold holdings. He has deposited 20 million British Pounds' worth of gold in Amsterdam, Caracas, Hong Kong and Zurich, and estimates that the value of...

Gerald Celente runs the Trends Research Institute. Before you dismiss his predictions, do some research and understand his track record of accuracy.Click this link to listen to the interview.

Expanding on yesterday afternoon's Ticker.....First, let's look at the TNX, which is the 10 year Treasury yield; we'll do two charts, the first being the 20 year Weekly: Note that we've not been here before (within 20 years anyway); here's the daily for the last year: Yesterday we closed at a historic low, and early indications today are even worse, at 21.20  The IRX, or yield on the 13 week T-Bill, is essentially zero.One cannot argue one simple fact - Bernanke hasn't yet started buying the long end of the curve to any material degree.  But he's been threatening, and today the...

How deflation creates Hyperinflation by Eric deCarbonnel I keep reading about the dollar being a "new multi-year bull market" and that the US is headed for "Japan style deflation". Frankly, it is a little tiring. The people making these arguments should know better. Deflation VS HyperinflationYes, there is debt deflation, and the overall money supply is shrinking as a result. However, those calling for "multi-year bull market" for the US dollar are insane. These individuals need to review basic monetary theory. The money supply is only one of three factors that determine whether prices rise or fall. The other two...

SINGAPORE, Nov. 21 (UPI) -- Although political forecasting and economic prognostication have long made astrology look respectable, there is still a latter-day Nostradamus who has defied the odds. "If Nostradamus were alive today," said the New York Post, "he'd have a hard time keeping up with Gerald Celente" -- the man who tracks the world's social, economic and business trends for corporate clients.