Obama Administration Encourages Illegals to Sign Up for Obamacare

(Reposted from EagleRising.com, by Tim Brown)

Barack Obama’s Health and Human Services Secretary Sylvia Burwell recently told a group of Latino bloggers in an online chat that the Obama administration wants to make Obamacare available for illegal aliens.

You may recall back in 2009 that Rep. Joe Wilson, a Republican from my home state of South Carolina, yelled out “You lie!” to Barack Obama. He was chided and maligned in the press and even by so-called “conservatives” for calling Obama what he is. But do you recall what he said Obama was lying about? Let me refresh your memory.

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The End of the Dollar Standard

cropped-bob-shapiro.jpg   By Bob Shapiro

The Eurozone can be thought of as a 2-tier confederation. The northern countries have stronger economies, have trade surpluses, and have lower debt to GDP. The southern countries – often referred to as the PIIGS (Portugal, Ireland, Italy, Greece, and Spain) – have been in and out of economic crisis after crisis for many years.

A few years ago, I was in preliminary contact with the government of Portugal. I prepared a 24 page report for them outlining how they could reverse the tailspin that the country was in.

One feature of my plan was for them to build up their holdings of Gold

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Wind, Solar, & Gas Compared

cropped-bob-shapiro.jpg   By Bob Shapiro

Can Wind or Solar compete with Natural Gas in being able to supply electricity within the US, when it’s needed, at the lowest cost? A recent analysis shouts a resounding NO!

Many factors need to be taken into account when the cost of production of electricity is considered.

  • What are the Capital Costs
  • What amount out of the Nameplate Capacity is available
  • Does it need a backup source of electricity to cover downtime
  • How costly is it to Hook It Up to the nation’s electrical grid
  • How much will maintenance cost
  • How much will the fuel cost

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Swiss to Vote on Mandatory Gold Backing of Franc

(Re-Blogged From Money Metals Exchange)

A few years ago, the wisdom of central bankers went virtually unchallenged. Citizens simply assumed anyone working for the central bank must be trustworthy, disciplined, and wise. After all, those leaders supposedly represent the best thinking in economics.

 

That sort of unquestioning reverence provided lots of latitude for them to operate, and to make profound mistakes as all central planners invariably do.

 

For example, Switzerland and England did not face public protests when they sold huge portions of their nation’s gold stockpiles at what

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An amazing chart of an amazing job-creating state; we owe a debt of gratitude to ‘Saudi Texas’ and the shale boom

Since the Great Recession started in 2008, employment has fallen along with the Labor Participation rate. It is only in the last 2 months that employment has gotten back to pre-recession levels for the US as a whole.

But, contrast two oil rich states: “Saudi” Texas and the anti-energy California. California still has 7.3% unemployment, and people & businesses are fleeing the socialist level over-regulation. In Texas, employment never fell below pre-recessionary levels, and in the last year, provided fully 1/6 of all new US employment – over 420,000 new jobs in the last year!

Please read on for the story of the Texas Miracle. (Bob Shapiro)

Mark Perry AEI   By Mark J. Perry

(Reblogged from the American Enterprise Institute)

US vs Texas Employment

The chart above shows a most amazing economic phenomenon: Since

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Government vs Labor and Business

cropped-bob-shapiro.jpg   By Bob Shapiro

Witnesses observing a crime in progress may tell different stories. Economists looking at the same chart describing the US Economy also may not agree on what’s going on.

A recent article on the American Enterprise Institute (AEI) web site, by James Pethokoukis, The Rise of the Machines vs Workers, in One Chart, showed the following chart:

Corp Profits

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Commodity Merry-Go-Round

cropped-bob-shapiro.jpg   By Bob Shapiro

Insider Trading is illegal in the United States. For those who are new to the concept, if you know market affecting information before it is generally available to the public, that’s insider trading.

If you know a company is about to report surprisingly lousy (or great) earnings, and you trade ahead of the information being released, that’s insider trading. If you trade on a crop report before the report is

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