Post from greshambouma at CHUM.LY

You can forget your "due process" rights when dealing with federal agencies. With unlimited funding and immense power, the federal agencies represent out of control entities before which individual citizens stand helpless. Agencies abuse or destroy with impunity, while state government stands by as if it were none of its business. It seems to me that the entity that should be protecting Idaho's vulnerable citizens is the state government protecting our constitutional rights guaranteed in our state and national constitutions. Apparently, the lowest level federal (agency) bureaucrat wields more power than the highest state official. If the states had been jealously guarding their sovereignty all along we would not be where we are now.

Court case warns EPA could 'own' your land!:  www.wnd.com/?pageId=267893
http://chum.ly/n/71d56a

Post from greshambouma at CHUM.LY

With inflation taking off world-wide and the dollar weak compared to other currencies, the inescapable conclusion is that we have it too. So if you cannot believe your own countries official numbers, look elsewhere and then at the dollar index and you will have something closer to the truth. When it comes to fiat currencies, it is hard to know who will win this "race to the bottom".

Russia Unexpectedly Increases Refinancing Rate for First Time in Two Years - Bloomberg:  www.bloomberg.com/news/2011-02-25/russia-unexpecte....html
http://chum.ly/n/70b185

Post from greshambouma at CHUM.LY

More thoughts on H 117

Most of the Senators in the State Affairs Committee were like the Republicans in Wisconsin in one sense. They ignored the requests of the majority they were hearing from. That is where the similarity ends. You see, the people that showed up in Boise were not there to request special rights, they were there to beseech their senators to protect universal, unalienable rights enshrined in both the national constitution and our state constitution. They were not there to demand more of their government, but rather less. They were just requesting that the state interpose itself so that they could be left alone. Unlike the political activists in Wisconsin, they were on their own dime and did not need a fraudulent "sick note" from a"doctor”. And unlike the Republicans in Wisconsin most of our senators chose the easy way out. It took no courage to side with the central planners and against the people.
http://chum.ly/n/709f2f

Post from greshambouma at CHUM.LY

What disappoints me most about HB 117 not being passed out of committee is what it indicates about the vision and understanding of our senators who oppose it. They fail to understand the economic danger that we are in. The financial state of the economy is not a fringe issue. There is no necessity to believe in any conspiracy. You simply have to believe that two plus two still equals four, that history does indeed rhyme, that ultimately the borrower is slave to the lender. All the information necessary to indict our government can be sourced from its own sites. There is no indication that the Federal Government will make the draconian cuts necessary to maintain solvency, and even if it did, the hardship those cuts would create would be historic. To continue to print and spend will prove even worse. Obamacare should be opposed with every tool available, including nullification, because it is a reckless and dangerous piece of legislation. The economic destruction it represents would be bad enough in the best of times, but these are not the best of times. We are perched on a precipice and it is time to guard every bit of economic strength we have. The biggest threat to the people of Idaho is the out of control Federal Government, and if our state government does not act to protect us, who will? I place no hope in judges collecting checks from the federal government to restrain their employer.
http://chum.ly/n/70747a

Post from greshambouma at CHUM.LY

Our fragile "recovery" is entirely dependent on government stimulus, as hinted at in this article. Note at the end of the article how our deficit is compared to total GDP, a meaningless and large number which serves to make the deficit sound insignificant. The federal deficit last year was around 68% of total tax revenue, but 9% of GDP sounds much better. The federal govt. needs to cut by about a third just to break even, and doing so will expose and exacerbate the depression, which further reduces tax revenue.

BBC News - US growth estimate in surprise downward revision:  www.bbc.co.uk/news/business-12580617
http://chum.ly/n/70283b

Post from greshambouma at CHUM.LY

Just remember, this crash had its origin with the Fed dropping interest rates during the 2001 recession to goose the housing market, in order to get us out of the recession. It worked too. But what works in the short run can be disaster in the long. The bottom line is that government action cannot create real sustainable recoveries.

New Home Sales Plummet 13% To 284,000 Annualized Rate, 19K Actual Homes Sold Lowest Monthly Ever | zero hedge:  www.zerohedge.com/article/new-home-sales-plummet-1...-ever
http://chum.ly/n/702671

Post from greshambouma at CHUM.LY

We got here by doing the politically expedient while believing the long term would be someone else's problem. Well, its time to deal with reality.

The Muni Debt Crisis in 4 Paragraphs:  www.businessinsider.com/the-muni-debt-crisis-in-4-...011-2
http://chum.ly/n/6fa781

Post from greshambouma at CHUM.LY

With demand from China and India far higher than it was several years ago when prices hit $147 a barrel, and supply being more constrained, we will be wishing we had not ignored our wake-up call on energy development. Putting our energy resources out of reach of development here in the US was a strategic error of unprecedented magnitude. States need to exercise sovereignty over the resources within their borders for the sake of their citizens.

Oil could hit $220 a barrel on Libya and Algeria fears, warns Nomura - Telegraph:  www.telegraph.co.uk/finance/financetopics/oilprice....html
http://chum.ly/n/6f99b3

Post from greshambouma at CHUM.LY

With banks no longer required to mark their assets to market, no one knows how solvent the system is, but deflation in housing signals trouble that is no longer disclosed on their balance sheets.

Troubled banks rise to highest level in 18 years - CBS News:  www.cbsnews.com/stories/2011/02/23/business/main20...stack
http://chum.ly/n/6f9661

Post from greshambouma at CHUM.LY

What do you know, data being manipulated. But from now on you can believe all the numbers coming out of government and wall street.

U.S. housing data may have understated extend of collapse-report | Reuters:  www.reuters.com/article/2011/02/22/usa-economy-hou...10222
http://chum.ly/n/6f222e

Post from greshambouma at CHUM.LY

The truth is all our economic growth has been purchased for decades with debt funded stimulus. "It's the economy stupid" was the conventional wisdom that inspired constant stimulus. But borrowing moves future consumption forward to the present. Eventually you get to the future. All the schools of economics agree that borrowing (at least from outside the economy) and spending stimulates an economy. That should frighten all of us, because when the borrowing must stop reality hits for the first time in decades. The truth is that there is more than ample evidence that the "service based economy" is going out of service. That "the consumer based economy" is getting consumed. That the "FIRE economy" (Finance, Insurance, and Real Estate) is burning itself out. The bottom line is that central planning destroys an economy, and government manipulation always miss-allocates limited resources, government is inherently inefficient, and so far we have just felt the wind in front of the economic storm.

Federal, state and local debt hits post-WWII levels:  www.washingtonpost.com/wp-dyn/content/article/2011...05923
http://chum.ly/n/6f21e0

Post from greshambouma at CHUM.LY

Energy/fuel should have been a top national security issue for a long time now, at least since our wake-up call two years ago. We need to be free to develop our domestic resources, our own industry needs to know they operate in a stable business environment. The opposite has been true. You gotta wonder why.

Oil shock fears as Libya erupts - Telegraph:  www.telegraph.co.uk/finance/financetopics/oilprice....html
http://chum.ly/n/6e8bc6

Post from greshambouma at CHUM.LY

So this is "recovery"? Guys like Bernanke and our nations liberal leadership have been wrong so many times, it is a wonder everyone doesn't just laugh when they speak. Our economic flood has been held at bay so far, but the sand bags are giving way. When the middle class (and our trading partners) can no longer be robbed to bail out the financial sector and the public sector, then reality hits.

Foreclosure Volume SOARS 50% In California And Arizona, As The Moratorium Ends:  www.businessinsider.com/foreclosure-radar-moratori...011-2
http://chum.ly/n/6d3384

Post from greshambouma at CHUM.LY

The banks assume that the wealth transfer from America's middle class to them can continue indefinitely, so they want to feed some of that ill-gotten gain back to shareholders. The truth is that the "recovery" is built on borrowed stimulus. When the stimulus goes, so does the recovery. And thanks to the stimulus, the economy is in worse shape than it would have been without it, because it responded to it like it was a legitimate source of growth. We are looking at tremendous restructuring that needs to take place in order to wean off chronic government stimulus. The longer we wait, the more we borrow and spend, the worse it will be when we face reality.

Fed Tells Banks to Stress-Test Capital for Recession With 11% Unemployment - Bloomberg:  www.bloomberg.com/news/2011-02-17/fed-tells-banks-....html
http://chum.ly/n/6ca5c9

Post from greshambouma at CHUM.LY

As DC bails out Wall Street, the people who help pay the cost are the users of the world reserve currency, in other words, people the world over help rescue the FIRE (finance, insurance, real estate) economy. A rescue doomed to fail, because economies thrive only when true, tangible wealth is produced. The free-market looks more and more righteous all the time. How about dusting that US Constitution off!

France24 - Rising food prices push millions into poverty:  www.france24.com/en/20110215-millions-pushed-pover...eport
http://chum.ly/n/6c25cc

Post from greshambouma at CHUM.LY

It looks like it is no longer fringe to question the integrity of US debt (or by extension the future of the dollar).

PIMCO Total Return Fund pares U.S. gov't-related debt | Reuters:  www.reuters.com/article/2011/02/14/us-pimco-totalr...10214
http://chum.ly/n/6c2590

Post from greshambouma at CHUM.LY

Rising oil prices equal price inflation on all of life's necessities. This trend deserves watching. We had our wake-up call several years ago, and hit the snooze button. And allowed the federal government to mount its own war on domestic energy production. The biggest casualties could be the old and the poor, followed by the middle class, as nothing touches Wall Street and DC as they party on the fruit of our labor.

Oil rises to $104 a barrel amid Middle East tensions - Telegraph:  www.telegraph.co.uk/finance/newsbysector/energy/83....html
http://chum.ly/n/6c258c

Post from greshambouma at CHUM.LY

We have so much unemployment, it is so undercounted. The free market economists report that there is probably 22% of unemployment. They [the Fed] pumped in $4 trillion, they should have added a lot of jobs, but how much did it cost us, and that of course is the price inflation that will come. We are moving into another 30 year period where we are going to see a reversal of interest rates, and we are going to see a crashing of the bonds like we saw 30 years ago and it's going to last a long, long time. The Fed deserves the blame for the inflation, and for the unemployment.- US Congressman Ron Paul.

Ron keeps calling it like it is. With the incredible dependency we have on the Federal Government, what will happen when its debt (really a proxy for the dollar) gets trashed? If 44 million people didn't have food stamps tomorrow, what would they eat?
http://chum.ly/n/6c2401

Post from greshambouma at CHUM.LY

China follows the US example as it doctors sick stats. The US has changed how it counts unemployment and inflation over recent decades, commodity index composition has changed, and who knows what else. Core inflation excludes food and energy here in the US, those inferior goods that don't affect Wall Street or DC a whole lot, but are life and death to the rest of us.

China's January Inflation Data Today Cuts Food Weighting, Newspaper Says - Bloomberg:  www.bloomberg.com/news/2011-02-15/china-inflation-....html
http://chum.ly/n/6baaa4

Post from greshambouma at CHUM.LY

While Soros labors to bring capitalism down, by bring the American system down through domestic leftist organizations, he remains heavily invested in the commodity that will boom if the dollar crashes. Funny, he was also heavily invested in S. American energy assets which stood to gain if oil drillers left the gulf in the past year.

Soros Raises SPDR Gold Holding 0.5% in Fourth Quarter - Bloomberg:  www.bloomberg.com/news/2011-02-15/george-soros-rai....html
http://chum.ly/n/6baa15

Post from greshambouma at CHUM.LY

Interesting analysis, but remember, revolutions seldom result in freedom. They only work if the old is replaced by a better new. The American War for Independence did work. Maybe we should be examining the world-view which the founders built on.

The People Win: Egypt in [Market-Ticker]:  market-ticker.org/akcs-www?post=179773
http://chum.ly/n/6b3a84

Post from greshambouma at CHUM.LY

Another small eddy of the storm which could change the world. Lets listen to the liberals and make it harder to survive here in America by restricting energy development and introducing wolves into the rural ranching west...

Bahrain Now Bracing For Its Own Day Of Rage After Giving Every Family $2,660 Fails:  www.businessinsider.com/bahrain-day-of-rage-2011-2
http://chum.ly/n/6b379b

Post from greshambouma at CHUM.LY

How stable does the Middle East look now? And what about America's anti-development energy policy?

France24 - Defying a ban, protesters demonstrate in heavily policed Algiers:  www.france24.com/en/20110212-algeria-protest-defy-...egypt
http://chum.ly/n/6b36ae

Post from greshambouma at CHUM.LY

Is America going to wake up one of these mornings and find itself on level with a 3rd-world nation overnight? Maybe after we run out of creditors. What does our balance sheet look like?

Wisconsin National Guard Preps For Worker Unrest After Governor Unveils Emergency Budget:  www.businessinsider.com/national-guard-is-prepared...011-2
http://chum.ly/n/6b323d

Post from greshambouma at CHUM.LY

Utah doesn't want the curse, that Idaho has, to be loosed on it also. Based on accounts from experienced and avid hunters, our Moose population is beyond serious trouble. The elk population is destroyed in the wilderness units. Closer in around Idaho towns the wolves are being greeted with the SSS, so that is where there are still elk. But, here in Viola, the local herd of 30 cows had no surviving calves by mid-winter. So much for the wolves just eating the old non-producing cows. If you have ever tried to eat an old animal in poor condition, you will understand why the wolves prefer the young and tender too.

Natural Resources director compares wolf to ‘T. rex' | The Salt Lake Tribune:  www.sltrib.com/sltrib/home/51216243-76/wolves-live...l.csp
http://chum.ly/n/6b01f1

Post from greshambouma at CHUM.LY

This is like wolves investigating the cause of a massive sheep slaughter. They just as well could have put Goldman Sachs in charge.

Bernanke's 2009 Interview Withheld by Crisis Panel - Bloomberg:  www.bloomberg.com/news/2011-02-11/bernanke-s-2009-....html
http://chum.ly/n/69ffc4

Post from greshambouma at CHUM.LY

If the current anemic "recovery" came from massive government deficit spending, where will it go when government cuts back, as it must if it wants to avoid financial suicide?

January deficit grows by $50B, on pace for $1.5T - Yahoo! Finance:  finance.yahoo.com/news/January-deficit-grows-by-50...ccode
http://chum.ly/n/69ffc3

Post from greshambouma at CHUM.LY

A short history lesson comparing the Great Depression with our current one. If you think Roosevelt was a hero, or the war ended the depression, read this. Wars are a tremendous destruction of wealth and humanity, but are still a go-to option for desperate governments.

Escaping the Great Depression - and Extending the Greater Depression - Casey Research:  www.caseyresearch.com/editorial/4060?ppref=CRX226E...0211C
http://chum.ly/n/69fcec

Post from greshambouma at CHUM.LY

Couldn't agree more.

Ron Paul Says Next US Crash Will Be Comparable To That Of Soviet Union, Claims QE2 Is "Total Failure" And Fed Is A "Central Planning Cartel" | zero hedge:  www.zerohedge.com/article/ron-paul-says-next-us-cr...d-fed
http://chum.ly/n/697dd7

Post from greshambouma at CHUM.LY

It looks like other nations are losing confidence in our ability to pay our debt, and rightly so. Who will loan us the massive amounts of money we need to slow the sinking of the listing ship of socialist state? The debt isn't a problem for our grandchildren. It is a problem now.

Prominent Chinese Economist Advises Country To Sell Its $500 Billion In GSE Holdings Before QE2 Ends | zero hedge:  www.zerohedge.com/article/chinese-economist-advise...-ends
http://chum.ly/n/6979fb

Post from greshambouma at CHUM.LY

The debt crisis rolls forward despite all the intervention of the entities ultimately responsible for it in the first place.

Portuguese 10 Year Bond Yield Hit Fresh Lifetime Highs | zero hedge:  www.zerohedge.com/article/portuguese-10-year-bond-...highs
http://chum.ly/n/690217

Post from greshambouma at CHUM.LY

The world had its wake-up call several years ago. Every other nation that had energy resources responded by pursuing them with vigor, the US response has been to obstruct our industry and divert investment (ethanol, wind and solar) into areas dependent on continued subsidy or mandate. Energy policy may be America's biggest national security boondoggle.

WikiLeaks cables: Saudi Arabia cannot pump enough oil to keep a lid on prices | Business | The Guardian:  www.guardian.co.uk/business/2011/feb/08/saudi-oil-...leaks
http://chum.ly/n/690194

Post from greshambouma at CHUM.LY

While commodity prices have been soaring, apparently due to a loss in confidence in fiat currencies, there are some serious supply constraints at work as well in the food category. Combine that with the idea that inferior goods become more expensive in depressions or severe recessions, and the costs of the foods that feed the poor could get far worse than they already are. Already we have food price inflation producing riots. Our own loose monetary policy and central planning driven ethanol boondoggle are not just hurting us, our government's liberal experiments are hurting poor worldwide.

China Drought Prompts U.N. to Issue Warning -  www.nytimes.com:  www.nytimes.com/2011/02/09/business/global/09food....=eta1
http://chum.ly/n/688a48

Post from greshambouma at CHUM.LY

Liberal biologists, climatologists, and academic or media members can speak to the facts with absolute authority because in their universe, since truth is subjective, they are the legitimate source. It is because of this liberal, subjective standard that they never get disciplined for making up facts, data, or stories. They remain faithful to their faith when they do so, and even if they believe in some kind of karma, the greater good they are seeking justifies the deception. Since facts take more time to disprove than to make up, it is a challenging battle for those defending the truth. And since the scientific method is all about objectively confirming truth, the term liberal scientist is an oxymoron, and indicates a person in serious conflict with himself, a battle that the truth frequently loses. Ultimately you have to ask yourself, who is more likely to tell you the truth, someone who does not believe that objective truth even exists, or someone who believes that liars go to hell. For the Christian, truth is the only legitimate option since we represent a God who proclaimed Himself the incarnation of Truth when He said: "I am the Way, the Truth and the Life, no man comes to the Father but by Me". Like universal truths He is "the same yesterday, today, and forever".
http://chum.ly/n/6822a8

Post from greshambouma at CHUM.LY

As a line in this article notes: Fed passes China in Treasury holdings. The world should stop in awe at this kind of nerve. It has to be the biggest theft in world history when the stewards of the world reserve currency rob the till to this degree. But remember, one sin leads to another, and they all lead to misery and suffering, not just of the guilty, but of innocent bystanders as well. As Kipling's poem goes, "the burnt fool's bandaged finger goes wabbling back to the fire"

Why You Should Be Buying Gold As the Fed Prints Money:  dailyreckoning.com/why-you-should-be-buying-gold-a...money
http://chum.ly/n/66d9a6

Post from greshambouma at CHUM.LY

These are not fringe or cult leaders in the financial world warning about the economic danger we are facing. The independent voices are sounding a deafening chorus, while our government and academic economists and scholars protect the crumbling status quo with their guilty silence. As one of the interviewees noted: "The biggest accident that the global economy could face is in the U.S. government bond market".

Taleb Advises ‘First' Avoid Treasuries, Then Dollar - Bloomberg:  www.bloomberg.com/news/2011-02-03/taleb-advises-fi....html
http://chum.ly/n/66d6bf

Post from greshambouma at CHUM.LY

Rudyard could have written this today. This is a great poem.


The Gods of the Copybook Headings
By Rudyard Kipling


AS I PASS through my incarnations in every age and race,
I make my proper prostrations to the Gods of the Market Place.
Peering through reverent fingers I watch them flourish and fall,
And the Gods of the Copybook Headings, I notice, outlast them all.

We were living in trees when they met us. They showed us each in turn
That Water would certainly wet us, as Fire would certainly burn:
But we found them lacking in Uplift, Vision and Breadth of Mind,
So we left them to teach the Gorillas while we followed the March of Mankind.

We moved as the Spirit listed. They never altered their pace,
Being neither cloud nor wind-borne like the Gods of the Market Place,
But they always caught up with our progress, and presently word would come
That a tribe had been wiped off its icefield, or the lights had gone out in Rome.

With the Hopes that our World is built on they were utterly out of touch,
They denied that the Moon was Stilton; they denied she was even Dutch;
They denied that Wishes were Horses; they denied that a Pig had Wings;
So we worshiped the Gods of the Market Who promised these beautiful things.

When the Cambrian measures were forming, They promised perpetual peace.
They swore, if we gave them our weapons, that the wars of the tribes would cease.
But when we disarmed They sold us and delivered us bound to our foe,
And the Gods of the Copybook Headings said: "Stick to the Devil you know."

On the first Feminian Sandstones we were promised the Fuller Life
(Which started by loving our neighbour and ended by loving his wife)
Till our women had no more children and the men lost reason and faith,
And the Gods of the Copybook Headings said: "The Wages of Sin is Death."

In the Carboniferous Epoch we were promised abundance for all,
By robbing selected Peter to pay for collective Paul;
But, though we had plenty of money, there was nothing our money could buy,
And the Gods of the Copybook Headings said: "If you don't work you die."

Then the Gods of the Market tumbled, and their smooth-tongued wizards withdrew
And the hearts of the meanest were humbled and began to believe it was true
That All is not Gold that Glitters, and Two and Two make Four
And the Gods of the Copybook Headings limped up to explain it once more.

As it will be in the future, it was at the birth of Man
There are only four things certain since Social Progress began.
That the Dog returns to his Vomit and the Sow returns to her Mire,
And the burnt Fool's bandaged finger goes wabbling back to the Fire;

And that after this is accomplished, and the brave new world begins
When all men are paid for existing and no man must pay for his sins,
As surely as Water will wet us, as surely as Fire will burn,
The Gods of the Copybook Headings with terror and slaughter return!
http://chum.ly/n/664ce0

Post from greshambouma at CHUM.LY

Marc Faber Calls Bernanke A Liar, Thinks US Inflation Is Running Up To 8%, Believes Pakistan Will Fall Next | zero hedge:  www.zerohedge.com/article/marc-faber-calls-bernank...l-nex
http://chum.ly/n/65ba5f

Post from greshambouma at CHUM.LY

Corn spot up 7.76%, wheat up 5.63%, Rice up 10.08%, Hogs up 10.16%, Sugar up 5.64%, Orange Juice up 3.33%, and cotton.... up 17.08%. That's in one month!

As World Becomes Zimbabwefied, Cotton Futures Surge 17% In One Month | zero hedge:  www.zerohedge.com/article/world-becomes-zimbabwefi...month
http://chum.ly/n/65ba4a

Post from greshambouma at CHUM.LY

Only two sets of growing salaries here in the USSA: federal employees, and directly or indirectly politically subsidized Wall Street firms. I am assuming the story is accurate in spite of its source.

Wall Street Pay Broke Record Last Year:  www.huffingtonpost.com/2011/02/02/wall-street-pay_...Daily Brief
http://chum.ly/n/65ba49

Post from greshambouma at CHUM.LY

The food stamp participation graph in this article does not show a recovery. Neither would an employment graph, nor a housing values graph. The official line from the statists should always be checked against reality.

Bernanke's Poverty Effect: Foodstamp Recipients Jump by 400K In November, Hit New Record Of 43.6 Million | zero hedge:  www.zerohedge.com/article/bernankes-poverty-effect...llion
http://chum.ly/n/6553a0

Post from greshambouma at CHUM.LY

The dollar is showing signs of weakness, in spite of the unrest in the Middle East. This is a grave departure from the way that things used to be. It is no longer the currency people around the world turn to when things get iffy. One of the Federal Reserves most conservative members, Tom Hoenig, just floated the news that the Fed would consider another round of Quantitative Easing if economic numbers continue to disappoint. The Federal govt. itself loves quantitative easing for two reasons. It is a way to tax everyone's savings without overtly tapping their accounts, thereby funding government with a stealth tax. The other way it helps fund government is it creates asset inflation, which allows the government to tax the inflation on asset prices overtly.

Along with the unrest in the Middle East, we have Afghan's bank tottering due to 900 Million in losses. The whole region is starting to look like a pot boiling over notwithstanding our intervention. We will be wishing soon that we had been allowed by the liberal progressives to develop our own energy resources. And wishing that the"conservative” progressives had not channeled our energy investment into ethanol instead of wherever the market would have taken it.


Here Comes QE3: Hoenig Says "More Quantitatve Easing May Be Discussed" | zero hedge:  www.zerohedge.com/article/here-comes-qe3-hoenig-sa...ussed
http://chum.ly/n/655150

Post from greshambouma at CHUM.LY

Response to the Idaho Attorney General's Opposition to Nullification

I think we should take our Attorney General's caution about the dangers of a patchwork of federal regulation seriously. Just think of it! There would be parts of the country free of the economically smothering presence of the federal bureaucrats, and other parts in which businesses were still being suffocated. Just think of the confusion that would introduce in the legal sector. And what about the inequitable distribution of employment as the more free parts of the country recovered and the rest went to Hell in hand basket? It just simply would not be fair to let central planning develop this kind of inconsistency. But wait. Are not over 700 entities granted waivers to get out of Obamacare? That sounds like tremendous inconsistency already. Is that not already a patchwork, when the law, which should be blindly and consistently applied, is only applied to those who do not have the political power to get from underneath it? Since it takes political pull with this administration to get that waiver, it looks like some of the same bunch that helped craft the bill are getting exempted, just like the legislators themselves!

I view nullification as a win-win for both the federal and state government. The federal government needs to cut at least 1.5 Trillion from its annual budget just in order to break even. State nullification helps the federal government identify savings, and it helps the states create a business atmosphere in which people can get back to work. Maybe western states could begin to develop their energy resources more freely, before the Middle East blows up entirely and America's transportation grinds to a deadly halt because we have allowed our resources to be placed out of reach by omnipresent federal bureaucracies. GO NULLIFICATION!
http://chum.ly/n/653d1e

Post from greshambouma at CHUM.LY

Food inflation, riots, lawlessness threatening fuel sources, governments going bankrupt as chaos destroys commerce and debt levels contribute to system instability; obviously we need government to step in and save us from all these problems stemming from bad government. Or maybe we should look for hope elsewhere.

Egypt and Tunisia usher in the new era of global food revolutions - Telegraph:  www.telegraph.co.uk/finance/comment/ambroseevans_p....html
http://chum.ly/n/64e7b7