A Forum for Concerned Tax Payers

Is The Market Rally Sustainable?

China alarmed by US money printing

Article Source – www.telegraph.co.uk
By Ambrose Evans-Pritchard,
Cheng Siwei, former vice-chairman of the Standing Committee and now head of China’s green energy drive, said Beijing was dismayed by the Fed’s recourse to “credit easing”.
“We hope there will be a change in monetary policy as soon as they have positive growth again,” he said at the Ambrosetti Workshop, [...]

ACORN Smouldering?

Author: Ernie Fitzpatrick
They say that where there is smoke there is fire. They also say that the acorn doesn’t fall far from the tree. And they say that Obamas past affiliations with ACORN is a “troubling issue”. Hey, there have been so many troubling issues with “past associations” that Obama has had, what’s another one [...]

Fed Monetized Debt When Foreign Debt Holders Stop Buying

Article Source – www.geldpress.com
What is a highly indebted nation to do when faced with the difficult task of managing over $11 trillion in “reported” debt, while at the same time finding new foreign buyers for an expected $2 trillion yearly deficit?  The answer has been discussed at length in the news over the last week, [...]

The President Admits the Stimulus Is Not Working as Hoped.

Article Source – www.governmentcontractslawblog.com
By Sheppard Mullin
The Administration has conceded that the American Recovery and Reinvestment Act (“ARRA”) has not worked as planned. With unemployment numbers continuing to climb, the Administration now acknowledges it “misread the economy.” But from the beginning not everyone believed ARRA would achieve the desired stimulative effect. After all, $787 billion cannot [...]

16% Unemployment In America?

Author: Ernie Fitzpatrick
Ah the games we do play. Two plus two equals four unless you would like it to be six. Statistics are whatever one says they are regardless of what they really are. And that goes for the phony government statistics regardless of which party is in power. Politics is about control and maintaining [...]

Cap and Trade is Cap and Tax and Tax and Tax

Author: Spencer Holly
The American Clean Energy and Security Act of 2009, H.R. 2454, better known as cap and trade, passed the House on June 26th. The vote was 219, to 212.
This bill will not become law until it has been voted on by the Senate.
According to the bill, the purpose is to create clean energy [...]

An Angry Californian Wants to Know Why Nancy Pelosi lied

Author: Spencer Holly
It is no secret that California Congresswoman Nancy Pelosi denied knowing that the United States was torturing enemy captives. Because of documents released by the government, and reports from other individuals who were present at the same time, it is now clear that she was present at meetings that discussed torture, as early [...]

Big Bailout, Shafting the Honest Folk

Author: Yusuf Shaikh
Were you paying attention? Did you hear them speaking? Did you listen to what they were saying? Perhaps you did, but I can say this, I don’t believe they listened to you. In fact, they more or less proved they don’t care about you one iota, unless you happen to be one of [...]

Flu Drugs Tamiflu, Relenza Called ‘Ineffective’ for Adults

Article Source -www.attorneyatlaw.com
As health officials around the world brace for the expected arrival of a worse-than-normal fall and winter flu season powered by the potentially fatal H1N1 “Swine Flu” influenza virus, British researchers say two flu drugs should not be used to treat healthy adults stricken with the illness.

Tamiflu, made by Roche, and Relenza, [...]