2011 Store Closures & Another Debt Ceiling Hike
We are living in the greatest debt bubble in the history of the world
CA Governor Vetoes California Industrial Hemp Farming Act
Gov Brown disregards CA voters, 10th Amendment and sides with the Feds
New Ron Paul Bill Would Restore Some First Amendment Rights for Supplement Producers
It’s the latest in a series of the candidate’s bills supporting health freedom and our access to natural health remedies. A new Action Alert! The Testimonial Free Speech Act, HR 2908, is a brief bill that would allow the dissemination of testimonials “containing a consumer’s actual perception of the mitigative, preventive, or curative properties of any [...]
Good News Gibson Guitar Owners! The Feds Aren’t Coming For You…Not YET Anyway
After Gibson raids, feds say they won’t target owners of instruments that contain illegal wood NASHVILLE, Tenn. — Owners of musical instruments made with illegally imported wood don’t face prosecution, two federal agencies say in a letter that addresses fears stirred up after a major Tennessee guitar-maker was raided. “The federal government focuses its enforcement [...]
Book shocker: Staff ignored Obama order
Ed Lasky An insider account of the White House’s response to the financial crisis reveals a president so inexperienced, amateurish, and radical that he proposed “dissolving” (nationalizing) Citigroup. The ideaa was so absurd that even Timothy Geithner could see that would not have helped in restoring stability to the world’s financial system, and the order [...]
-634.78: Stocks Plummet and “No Bottom in Sight”
By: JeeYeon Park CNBC.com Writer Stocks took a sharp nosedive in another choppy day Monday to finish at session lows as investors fled from risky assets following S&P’s downgrade of U.S.’s credit rating last week in addition to ongoing economic jitters. The Dow Jones Industrial Average plunged 634.76 points, or 5.55 percent, to finish at 10,809.85, well [...]
Court: Lap dances aren’t tax-exempt
While a lap dance might prompt a strong reaction from an audience, it doesn’t rise to the level of art — at least according to a state appellate court. Thursday’s ruling said entertainers at a local strip club are subject to sales taxes, and their expressions are not considered choreographed artistic performances that would be exempt. Nite [...]
How corporations avoid paying income taxes
With all the talk about how companies like General Electric and Cisco pay no or very low U.S. taxes, reader Hal Helfan of Oakland wants to know why can’t there be an alternative minimum tax for corporations like there is for individuals, to make sure that companies can’t use loopholes to wipe out their tax burden.
Inflation Actually Near 10% Using Older Measure
After former Federal Reserve Chairman Paul Volcker was appointed in 1979, the consumer price index surged into the double digits, causing the now revered Fed Chief to double the benchmark interest rate in order to break the back of inflation. Using the methodology in place at that time puts the CPI back near those levels. [...]




