How Real Freedom Works
• http://dailybell.ch/America is not as free as it seems to be. The government needs to pass laws to empower shareholders. Then shareholders will run corporations and America's Constitutional republic shall blossom once more.
Contents Pages by Subject
Economy - Economics USA
Biggest Tax Avoiders Would Win on Tax Break
• http://www.bloomberg.com/Cisco Systems Inc. (CSCO) has cut its income taxes by $7 billion since 2005 by booking roughly half its worldwide profits at a subsidiary at the foot of the Swiss Alps that employs about 100 people.
Today on LewRockwell.com - Tuesday June 28th, 2011
• lewrockwell.comWhere Did It All Begin? - Eric Peters on the robed shysters who wrecked our 4th amendment protections. / The US Roman Empire - Justin Raimondo on its rise and fall. / Politics Is a Scam - I will never vote again, says James Altucher.
How Should Government Treat Energy Producers? -- by Ron Paul
Powell GammillShould we subsidize, enforce mandates, or give tax credits and deductions to industries like ethanol and natural gas? Having a thriving energy market domestically is a good thing and something the government should not hinder. Not only would decrea
Dallas Disaster: Texas Manufacturing Index Plunges To -17.5
• BusinessInsider.com/The final number of -17.5 is WAY worse than the anticipated -3.2 reading, and well below the -7.4 it printed at last time.
Los Angeles Dodgers File for Chapter 11 Bankruptcy
• EconomicPolicyJournal.comIn a bid to halt a takeover of the team by Major League Baseball, Dodgers owner Frank McCourt has filed for bankruptcy. A battle over control of the team has been in play...
Personal Income And Spending Both Lower Than Expected
• ZeroHedge.comNot surprisingly, the personal household weakness continues into May, when both personal income and spending came lower than expected...
The Social Cost of the Loss of Job Stability and Careers
• NakedCapitalism.com/Yankelovich projected that college graduates would average 11 jobs by the time they were 38 (!), yet found they were demanding of their employers, wanting frequent feedback (as in lots of attention) and quick advancement.
The Driver Of Employment "Gains" - Job Separations At Lowest In A Decade
• ZeroHedge.comThe bottom line, the "employment gains" have not been due to increased hiring, but due to ever more desperate people no longer daring to leave whatever job security they may have...
Job Gains and Losses by Job Type: Dec. 2007 to May 31st, 2011
• GlobalEconomicAnalysis.blogspot.comThe 6.3 million jobs lost since the beginning of 2008 is deceptively low. The Economy should have been gaining 1.8 milling jobs a year, not losing jobs. In other words, the economy is down 10 to 12 million jobs from where it should be.
Jim Quinn: Unforgiven - Part Five
• ZeroHedge.comThe themes, atmosphere, violence, brutality and finale of this eulogy to the western genre are a perfect representation of our current dire circumstances. The town of Big Whiskey represents the United States. The sheriff rules with an iron fist...
Ben Bernanke's Pathetic Failing Fed Promotion
• http://dailybell.ch/More than two years ago, we pointed out that the Federal Reserve was potentially finished as a credible entity. This is different than saying the Fed was finished as an EFFECTIVE entity.
The Extinction of Retirement
• InfoWars.com/There’s good reason to worry, says Michael Pento, senior economist at EuroPacific Capital. “Retirement is on life support, if not indeed dead as we know it today,” he tells Aaron Task
Inevitable Catastrophe: The Fruits of Moral Hazard on a Global Scale
• OfTwoMinds.com/blogThis loss of faith in the transparent functioning of markets will trigger what I call the delegitimization of both the markets and the institutions which have essentially promised a permanent upward bias in assets.
Big Miss In Initial Claims, Print 429,000 On Expectations Of 415,000
• ZeroHedge.comThe soft patch may need to order a lifelong supply of Viagra soon, as the economic news continues going from bad to worse: Initial Claims just printed at 429,000 on expectations of 415,000.
Commercial Real Estate Prices Just Hit A New Post-Bubble Low
• BusinessInsider.com/The Moody’s/REAL Commercial Property Price Index dropped 3.7 percent from March and 13 percent from a year earlier. It’s now 49 percent below the peak of October 2007 and at its lowest point in data going back to December 2000 ...
Fed to Maintain Stimulus as Bond Buying Ends
• http://www.bloomberg.com/Federal Reserve officials decided to keep the central bank’s balance sheet at a record to spur the slowing economy after completing $600 billion of bond purchases this month.
Government layoffs slow U.S. cities’ recoveries: report
• http://www.rawstory.com/The layoffs of thousands of government workers may threaten the already slow-motion economic recovery in many U.S. metropolitan areas, according to a report released on Wednesday by the Brookings Institution.
The Hubris of George Soros
• http://dailybell.ch/Quite a few well known rich people aren't satisfied with being rich and being able to do all the things they believe are important. They want to advertise this and to take up the role of teachers to the rest of us.
Federal Reserve 'Embeds' Employees in Banks
• http://dailybell.ch/More efficient regulatory endeavors will reduce the kind of financial crises that have been prevalent throughout the history of modern capitalism. Only more and better government regulation is the answer.
Mayors to Obama: Bring War Dollars Home
• Peter Dreier, Huffington PostThe nation's mayors, desperate for dollars to keep their cities afloat, demanded: we want our money back! At its annual conference in Baltimore, the U.S. Conference of Mayors passed a resolution calling for an end to the wars in Afghanistan and Iraq,
The 20 Cities Having The Worst Economic "Recoveries"
• BusinessInsider.com/A new report by Brookings picks out 20 metro areas the think-tank believes have had the worst performance from the start of the recession, through the recovery. We've highlighted each city's employment levels and home prices and ranked...
Offshoring Has Ruined Income and Employment Prospects for America
• InfoWars.com/Among the serious consequences of offshoring are the dismantling of the ladders of upward mobility that made the United States an “opportunity society,” an extraordinary worsening of the income distribution, and large trade and...
Today on LewRockwell.com - Wednesday June 22nd, 2011
• lewrockwell.comWal-Mart Wins! - The company beats the Marxist class-action lawsuit. Article by Lew Rockwell. / Good for the Greeks - They've thrown a monkey wrench into the European super-state, says Gary North. / Racial Racketeering for Fun and Profit - Tom DiLore
Bank of America Said to Weigh Cutting $21 Billion China Construction Stake
• http://www.bloomberg.com/Bank of America Corp. (BAC) may sell some of its $21 billion stake in China Construction Bank Corp. (939) to bolster capital before new international standards take effect, said three people briefed on the plans.
Household Debt: Why The Economy Will Stink Until 2020
• BusinessInsider.com/In a word, poor. We're not even half way back to the pre-credit bubble trend line, and won't get there until 2020.
Bill Gross: "College Is Worthless"
• ZeroHedge.comCollege tuition has increased at a rate 6% higher than the general rate of inflation for the past 25 years, making it four times as expensive relative to other goods and services as it was in 1985.
The Death of Demand - The Post-Consumer Debt Economy
• ZeroHedge.comThe truth is the U.S. has long been a post-consumer economy. Everybody already had a TV, phone, car, etc. 40 years ago, which is coincidentally when wages began their 40-year stagnation and the nation's public and private debts began...
Host:
Ernest Hancock
Rerun- Bob Prechter - Elliott Wave International / Terry Nelson - Customs & Border Protection
Program Date:Rerun - Bob Prechter- president of Elliott Wave International, which publishes analysis of global stock, bond, currency, metals and energy markets / Terry Nelson - Customs & Border Protection Aviation/Marine Group Supervisor - Dept. of Homeland Secur
Today on LewRockwell.com - Monday June 20th, 2011
• lewrockwell.comInjustice Incarnate - Ridgeway Foley on Bin Laden, Demjanjuk, and the US "rule of law." / Green Statists at the Grocery Store - Butler Shaffer straightens them out. / When the State Breaks a Man - And he burns himself to death on the courthouse steps
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