IRS to expand audits as cash runs low
January 22nd, 2010
The agency plans to look through the books of 6,000 companies over 3 years.By Joe Mont
Money CentralThe Internal Revenue Service, trying to recoup some of the estimated $14 billion that companies underpay in employer taxes each year, plans to wage a three-year campaign to audit 6,000 businesses.
The “Titantic” Economics Continues…
Senate Proposes Increasing U.S. Debt Limit to $14.3 Trillion
By Alison Fitzgerald and James Rowley
Reuters.comJan. 21 (Bloomberg) — The U.S. debt limit would be raised by $1.9 trillion to $14.29 trillion under an amendment proposed in the Senate.
US Mint Sales: 2010 Silver Eagles Explode on Release
By Darrin Lee Unser
CoinNews.net
Jan 21st, 2010In what has become almost a weekly routine of late, the United States Mint again reported unimpressive sales according to their latest figures. A few bright spots did emerge, however.
GOP, Dems in “Death Embrace”: U.S. Budget “About to Go Off a Cliff,” Cal Prof Says
January 22nd, 2010by Peter Gorenstein
FinanceYahoo.comRaise taxes or cut spending? Washington must take action on both fronts to curb U.S. debt or run the risk of a dollar crisis, according to a report by the Committee on the Fiscal Future of the United States, a panel of bipartisan experts.
Big Banks Have Already Figured Out The Loophole In Obama’s New Rules
January 22nd, 2010John Carney
BusinessInsider.comBig banks have already begun poking the holes in Obama’s new rules—holes they expect their banks to pass through basically unchanged.
Dodd and Gregg Block Audit-The-Fed Amendment, Frank Tells Committee
January 22nd, 2010Ryan Grim
HuffingtonPost.comA House-passed provision to open up the Federal Reserve to an audit by the Government Accountability Office is unlikely to be included in the Senate reform package, Barney Frank told a meeting of House Financial Services Committee members Wednesday, according to people in the room.
The World Bids Farewell to Obama
January 22nd, 2010Charles Hawley
SpiegelOnlineUS President Barack Obama suffered a painful defeat in Massachusetts on Tuesday. With mid-term elections looming, it means that Obama will have to fundamentally re-think his political course. German commentators say it is the end of hope.
Bank shares tumble on Obama crackdown
Emily Ford
TimesOnlineUK
January 22, 2010Shares in Barclays and Royal Bank of Scotland (RBS) tumbled this morning after sharp falls on Asian markets in the wake of President Barack Obama’s pledge last night to wage war on American banks in the biggest regulatory crackdown on financial institutions since the 1930s.
Marc Faber 2010 Outlook: Go For Gold, Oil & Agriculture, But Watch Out For PIIGS & U.S. Equities
January 22nd, 2010By: Dian L. Chu
IStockAnalyst.comHere is the summary and my thoughts on a trio of Dr. Marc Faber’s latest interview where he discussed his 2010 outlook on China bubble, sovereign default risk, stocks and commodities.
The Establishment in Crisis
January 22nd, 2010by Butler Shaffer
LewRockwell.comThere is a quality even meaner than outright ugliness or disorder, and this meaner quality is the dishonest mask of pretended order, achieved by ignoring or suppressing the real order that is struggling to exist and to be served.
~ Jane Jacobs
Should the US Colonize and Militarize Haiti?
January 22nd, 2010by Ron Paul
LewRockwell.comBefore the House of Representatives, January 21, 2010, Statement in Opposition to H Res 1021, Condolences to Haiti.
I rise in reluctant opposition to this resolution. Certainly I am moved by the horrific destruction in Haiti and would without hesitation express condolences to those who have suffered and continue to suffer. As a medical doctor, I have through my career worked to alleviate the pain and suffering of others.
THERE IS A HUGE BROWN OUT COMING TO DC
By Dr. Laurie Roth
January 22, 2010
NewsWithViews.comScott Brown body slammed the left, made history and swiped the Democratic legacy that Senator Ted Kennedy and other Democrats had going on in Massachusetts for decades.
THE TRUTH ABOUT ABORTION
By Chuck Baldwin
January 22, 2010
NewsWithViews.comToday marks the 37th anniversary of the infamous US Supreme Court Roe v. Wade decision, which, in effect, legalized abortion-on-demand nationwide. The aftermath of this tragic ruling is the deaths of over 40 million (a very conservative number) innocent unborn babies. It is no hyperbole to say abortion is America’s holocaust. Think of it, every American citizen today, 37 years old or younger, has never known a country that respected and protected innocent human life in the womb. Put it another way: when Hitler’s Third Reich was at its zenith, the abortion rate was 40%. In 2003 (the last year that I checked), the abortion rate of the county in which I live was 39%. And I live in the heart of the so-called “Bible Belt.” In fact, statistically speaking, the most dangerous place to be in America is not in an automobile without wearing a seat belt, or in a commercial airliner with a potential terrorist on board. Statistically speaking, the most dangerous place to be is in the womb of one’s mother.
The age of the killer robot is no longer a sci-fi fantasy
You can’t appeal to robots for mercy or empathy – or punish them afterwards
Johann Hari
IndependentUK
Friday, 22 January 2010
How the Patriot Act Perpetuates Official Robberies
January 21st, 2010By JAMES BOVARD
CounterPunch.orgIn the post–9/11 era, federal officials are treating cash as they would a suspected weapon of mass destruction. They have created legions of new restrictions and reporting requirements for citizens’ money. But the new controls have done nothing to make Washington any more competent at protecting Americans from real threats.
Army-sponsored report suggests new ‘police force’
January 21st, 2010Domestic agents could be used in ’shaping an environment before a conflict’
By Michael Carl
WorldNetDaily.comA newly released Rand Corporation report proposes the federal government create a rapid deployment “Stabilization Police Force” that would be tasked with “shaping an environment before a conflict” and restoring order in times of war, natural disaster or national emergency.
The Future of Unemployment Benefits in the U.S.
By: Bob Chapman
Market Oracle
Jan 21, 2010Last January we predicted that there would be another stimulus program this year. Congress has already passed legislation to continue unemployment benefits, which the Senate will approve as well. Those out of work cannot survive without such assistance, as our transnational conglomerates continue to send our jobs to foreign lands. The question is will the unemployed, as a result, receive benefits indefinitely, as these elitist corporations park their profits in tax havens tax-free?
Ron Paul: After ‘CIA coup,’ agency ‘runs military’x
By Raw Story.com
Wednesday, January 20th, 2010US House Rep. Ron Paul says the CIA has in effect carried out a “coup” against the US government, and the intelligence agency needs to be “taken out.”
RAND/Army Report Calls For Militarized Police Force For U.S.
Authors admit Federal “Stabilization Force” could be used domestically
Steve Watson
Infowars.net
Thursday, Jan 21, 2010A recent study commissioned by the U.S. Army and written by the RAND Corporation calls for the creation of a “hybrid” military/law enforcement unit which could be put to use in the United States to take charge of riot control and SWAT duties, according to the authors.
Beck Parrots White House Information Czar Talking Point
Fox News host invokes Cass Sunstein by demonizing 9/11 truthers
Kurt Nimmo & Paul Joseph Watson
Prison Planet.com
Thursday, January 21, 2010Glenn Beck is once again parroting White House talking points by invoking Information Czar Cass Sunstein’s rhetoric about 9/11 truthers being dangerous extremists, proving his anti-establishment image is a manufactured fraud.
