September 14, 2012

 

 

Anti-American protests continue spreading throughout the Middle East. Unrest was reported in as many as 11 different countries, including Egypt, Libya, Yemen, Morocco, Iran, Iraq, Bangladesh and Pakistan. U.S. Embassies are on alert as leaders are squeezed between religious demands and secular free speech.

 

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Blasphemy is a “Red Line.” Rape and murder, not so much:

http://cnsnews.com/news/article/egyptian-president-calls-blasphemy-red-line-clinton-invokes-free-expression?utm_source=twitterfeed&utm_medium=twitter

 

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Former N.Y. City Mayor Rudy Giuliani provides a national security reality check on Squawk Box this morning:

http://video.cnbc.com/gallery/?video=3000115851&play=1

 

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Stock, bond and commodity markets continue to rally and the U.S. dollar declined after Thursday’s announcement of so called “Stimulus” measures.  The Federal Reserve plans to buy as much as $40 billion a month in mortgages. There is widespread speculation that increased Treasuries purchases will be next. Most experts consider the moves to be disastrous for the U.S. dollar’s future value.

Read more on the dollar impact:

“Fed Easing ‘Kamikaze’ for the US Dollar: Analyst”

By: Rajeshni Naidu-Ghelani

 

  http://www.cnbc.com/id/49028495

 

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Marc Faber: If I Were Bernanke, I Would Resign

By: Shai Ahmed
CNBC Associate Editor

http://www.cnbc.com/id/49029923?utm_source=twitterfeed&utm_medium=twitter

“If we have an economic crisis in the Western world it’s because the government makes up 50 percent or more of the economy. This is a cancer that is taking away people’s freedom”~ Mark Faber

 

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Bernanke’s Bad News

“Printing money to bail out Bam”

By Charles Gasparino with the N.Y. Post

http://www.nypost.com/p/news/opinion/opedcolumnists/bernanke_bad_news_fUiLLK5oa6jH1osPvrkWjL

 

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Changes to the Dow Industrial Average are planned for this October. Kraft is splinting into two companies and will be leaving the index. United Health Care was selected to be the replacement component.

 

 

 

 

 

Chicago Teachers Strike

 

The fact is, government employee unions have very powerful incentives to expand the size of government. A larger government requires more government workers. And with more workers, unions capture an ever-larger stream of revenues from the mandatory union dues they collect. More revenue means more lobbying power for unions and more sweetheart deals from politicians.

 

How does government finance this inevitable expansion? Through taxes and debt.

 

More taxes on you today, and more debt for your children and grandchildren to pay off in the future. ~ From The Illinois Policy Institute

 

 

From the Illinois Policy Institute:

http://illinoispolicy.org/blog/blog.asp?ArticleSource=5023

 

 

Free Market Revolution

 

 

“Coming September 18 from ARI’s Yaron Brook and Don Watkins: A game-changing look at how our current crises are caused by too much government, and how Ayn Rand’s bold defense of free markets can help us change course.” ~ From the Ayn Rand Institute

 

PJTV Interview:

 

More News & Information at the PJTV website: http://www.pjtv.com/