The Fed is now monetizing essentially the entire net issue of Treasury Debt for the next six months. This is an effective 20% devaluation of the currency beyond that which has already been done.
Arizona voters decided to keep two programs they approved years ago, rejecting measures that lawmakers say are crucial for balancing the budget.
Lawmakers had banked on the passage of Propositions 301 and 302 to help dig out of a deficit that in S
Early election results show additional taxpayer support for Phoenix school districts.
Unofficial results indicate that central and south Phoenix school districts asking for budget overrides or bond issues were approved.
The Desk anticipates conducting $850 to $900 billion of purchases of longer-term Treasury securities through the end of the second quarter. This would result in an average purchase of roughly $110 B per month, representing about $75 B per month...
Republicans look like they made it a clean sweep in the state's top offices, winning the races for governor, secretary of state, attorney general, treasurer and superintendent of public instruction.
The US Supreme Court will hear arguments over the legality of an Arizona law that lets individuals and corporations divert income taxes they owe to instead help students attend private and parochial schools. Follows a 2009 ruling by the 9th Circuit C
The home rule provision allows cities to spend more than a state-imposed limit that would base budgets on 1980s spending levels. The home rule provision only affects how much cities can spend, as cities without home rule can only spend according to t
4 years later, there is little for Pelosi to smile about. For months, Republicans have spoken her name as if it were a curse word, while some Democrats asked her to steer clear of their campaigns. A historic Republican landslide Tuesday will strip Pe
The so-called Proposition 19 -- one of a series of referendums held at the same time as mid-term polls -- were rejected by 57 percent against 43 percent in favor, said CNN, while Fox News and the LA Times also forecast a No vote.
Growing and selli
Republicans captured Democratic governorships in at least 10 states on Tuesday, including some prime presidential battlegrounds, and hoped for even more statehouse gains.
“You’ve seen prison populations pretty consistently over the last three decades move up a couple percent a year…and from a business model perspective, it’s clearly good news,” Robillard told CNBC.
A group opposed to the death penalty filed suit to try to prevent a British company from exporting a drug used in the execution of American inmates. The Arizona Chief Deputy Attorney General said the state obtained from Britain the drug used to execu
What those GDP and consumer figures tell me more than anything is that some of us have access to the fake virtual money that mark-to-fantasy valuations create, and some do not. That's really the whole entire story.
http://LateStream.com | This Friday, November 5th, we are kicking off the new website, RTR.org, with a new edition of the Late Stream! We will be joined by special guests from across the country to analyze the 2010 election results. Starting at 10 p.
http://LateStream.com | This Friday, November 5th, we are kicking off the new website, RTR.org, with a new edition of the Late Stream! We will be joined by special guests from across the country to analyze the 2010 election results. Starting at 10 p.
http://PatriotResponse.com | A new website launched this week that promises to "bury Washington in paper." PatriotResponse.com, who's tag line is "Freedom is a fax blast away" uses donation based FAX campaigns to achieve its objectives.
While
http://campfema.com/catalog.html | Support the filmmakers purchase a DVD! This is an exclusive look at an interview with Sheriff Mack from the new movie Enemy of the State: Camp FEMA 2.
The Conservative 100 list contains sites of interest to conservatives or with a conservative point of view. Several Libertarian sites are also included, such as Reason and Freedom’s Phoenix, but no attempt to list all sites with a strictly Libertaria
The disaster is embodied in the various GOP warmongers who will be placed in key positions in Congress, and a good case could be made that among the worst of the worst will be the probable majority leader in the House: Eric Cantor.
White House chief of Staff Andrew Card famously said - in explaining why the Bush administration delayed until September 2002 to make its case for war in Iraq:
From a marketing point of view, you don't introduce new products in August.
Transfers have made states dependent on federal assistance. New York, for example, spent in excess of 250% of its tax receipts over the last decade. The largest 15 states by GDP spent on average over 220% of their tax receipts.
Anyway, normally this is a perfunctory issue, but with the debt being such a huge issue right now, this is one to watch. A vote will come some time in 2011. (Editor Note - The Debt Ceiling will come to a vote by March 2011.)
If the Congress does not vote to hike it, the US will basically go into default right away, and that would create all sorts of havoc for the global economy.
Today, the graceful migratory bird soars again over restored wetlands around the small town of Toyooka in western Japan, now a showcase for an ambitious conservation effort called the Satoyama Initiative.
As Japan hosts a UN conference on biodiver
The origin of anthropoids -- primates including monkeys, apes and humans -- has long been a source of hot debate among palaeontologists.
Experts have long argued anthropoids first appeared in Africa -- but recent studies suggest an earlier Asian ori
This bacterium uses an enzyme to make its surroundings less acidic, which is a good environment for them to grow", said Ms Whiffin. The by-product of this reaction is calcium carbonate, or limestone
hina will nearly double its high speed rail by the end of 2012 to over 13,000 kilometers. This will put it at more high speed rail than the rest of the world has. Europe, Japan, Asia, etc...
. The communication cards had been removed and the phones could not receive calls, officials said, making it likely the terrorists intended the alarm or timer functions to detonate the bombs.
"The cell phone probably would have been triggered by t
At the end of an animated and sometimes contentious Supreme Court argument about whether the Constitution protects violent video games only one thing was clear: Torturing or maiming a Vulcan is not enough to trigger California's law prohibiting the s
Rapid-fire bombings and mortar strikes killed 76 people and wounded more than 200 across Baghdad’s myriad neighborhoods Tuesday, demonstrating the insurgents’ ability to carry out coordinated strikes from one side of the capital to the other.