Monday, February 6, 2012

Congress Probes DEA Drug Money Laundering Scheme

by Alex Newman   
DEA moneyAs the “Fast and Furious” gun-trafficking scandal continues to grow, Congress is now investigating a Drug Enforcement Administration (DEA) program that was laundering money for Mexican cartels. Meanwhile, multiple cartel leaders and reports continue to suggest that the federal government is deeply involved in the narcotics and arms trades.
According to an article in the New York Times that first revealed the DEA money-laundering scheme to the public, U.S. drug agents supervised by the Justice Department likely laundered hundreds of millions in illegal profits — maybe more. The DEA and other agencies also helped send the illicit cash back across the border to Mexico in operations “orchestrated to get around sovereignty restrictions,” the Times reported in the article, headlined "U.S. Agents Launder Mexican Profits of Drug Cartels."

Mexican Drug Cartels Operating in at Least 1,286 U.S. Cities

by Kelly Holt   
On April 13, All Headline News reported that the influence of Mexican drug cartels operating in U.S. cities is growing because cartel members are becoming residents. Roberta Jacobson, Deputy Secretary of State for Mexico and Canada, brought this information to a political forum in Washington, D.C., quoting a March 27 report from the Justice Department. The findings are also being widely disseminated in the Mexican media.
The National Drug Intelligence Center (NDIC) report, according to Jacobson, listed the cartels with the most influence in the U.S. as follows: the Sinaloa cartel, operating in 75 U.S. cities; the Gulf and Zetas cartels, both in 37 cities; the Juarez, in 33 cities; the Beltran Leyva Organization, in 30; La Familia, in 27; and Tijuana, in 21. This list contains the largest and most widely known cartels; the Zetas organization, comprised mostly of Mexican Army special forces soldiers, is considered to be one of the most vicious. The unnamed cities are all said to have seen a substantial increase in drug sales and violence.

What to Do as the Drug Cartel War Moves into the U.S.

by T. Dan Tolleson   
The drug cartel war moves into the U.S.
On Monday, November 21st, D.E.A. agents in unmarked cars were discreetly following a large chemical tanker truck carrying 300 pounds of concealed marijuana as they monitored a "controlled delivery" — a law enforcement trap for drug smugglers. Suddenly, in a secluded area of suburban Houston, at least three vehicles rapidly approached the truck, and several members of Los Zetas, a dangerous Mexican drug cartel, jumped out of the vehicles, "yanked open the passenger cab door and repeatedly shot Chapa [the truck driver], whose hands had been raised in the air," tossed his body to the street, and may have been about to drive off with the truck, when dozens of D.E.A. agents and local law enforcement converged on the scene, killed one member of Los Zetas, and arrested four others. Something had definitely gone wrong with this controlled delivery.

The Other Unconstitutional War

by Laurence M. Vance   
It wasn’t long after World War II ended that U.S. troops were once again involved in another foreign war. This time, however, there was a notable difference. After North Korea invaded the South in 1950, President Truman intervened with U.S. combat troops in a United Nations “police action.” There was no congressional declaration of war. There was not even the slightest pretense of consulting Congress.
On five different occasions, the United States had declared war on other countries: the War of 1812, the Mexican War (1848), the Spanish-American War (1898), World War I (1917), and World War II (1941 against Japan, Germany, and Italy; 1942 against Bulgaria, Hungary, and Romania).

AG Holder May Be Held in Contempt for "Fast & Furious" Cover-up

by Alex Newman   
Eric HolderAttorney General Eric Holder faced tough questions about the “Fast and Furious” gun-trafficking scandal from outraged members of Congress during a Thursday hearing, but he continued to defiantly stonewall while refusing to hand over key documents subpoenaed in the congressional investigation. Republican lawmakers responded by telling the Justice Department boss to resign and saying that if the cover-up continues, he could be charged with contempt of Congress.
Obama’s top law enforcer defended the Justice Department’s stonewalling by falsely claiming that providing information about the deadly federal operations to congressional investigators would somehow violate the “separation of powers.” He said an internal investigation is ongoing. But lawmakers on the House Oversight and Government Reform Committee were not buying it.

Russia, China Block UN Vote on Syria Regime Change

Written by Alex Newman   
The governments of China and Russia blocked a United Nations Security Council resolution calling for Syrian strongman Bashar al-Assad to hand over power, sparking outrage among Western and Arab leaders supposedly concerned about a bloody conflict that has already claimed thousands of lives. U.S. Secretary of State Hillary Clinton responded to the UN vetoes by vowing to redouble the Obama administration’s efforts to take down the regime.
The UN resolution in question called on Assad to step down and transfer power to his vice president as the nation moved toward “democracy.” If the regime refused to cooperate, the language threatened Syria with “further measures.”

TSA Agent Caught Stealing $5,000 from Passenger at JFK Airport

Written by Michael Tennant   
TSA screeningAnother day, another sticky-fingered Transportation Security Administration agent caught stealing from airline passengers: According to the Associated Press, 31-year-old Alexandra Schmid, a TSA screener at New York’s John F. Kennedy International Airport, allegedly helped herself to a cool $5,000 from a passenger’s jacket as it passed along an X-ray conveyor belt on February 1. The passenger, a native of Bangladesh, noticed the money was missing as soon as he retrieved his jacket, at which point he reported the theft.
According to Al Della Fave, spokesman for the Port Authority of New York and the New Jersey police force, “surveillance video showed Schmid taking the money from a jacket pocket, wrapping the cash in a plastic glove and taking it to a bathroom,” the AP writes. The money has not yet been recovered; Schmid is suspected of having passed it on to someone else in the bathroom.

The Financial Crisis Of 2008 Was Just A Warm Up Act For The Economic Horror Show That Is Coming

The people out there that believe that the U.S. economy is experiencing a permanent recovery and that very bright days are ahead for us should have their heads examined.  Unfortunately, what we are going through right now is simply just a period of "hopetimism" between two financial crashes.  Things may seem relatively stable right now, but it won't last long.  The truth is that the financial crisis of 2008 was just a warm up act for the economic horror show that is coming.

I Can’t Take It Anymore! When Will the Government Quit Putting Out Fraudulent Employment Statistics?

On Friday, the entire financial world celebrated when it was announced that the unemployment rate in the United States had fallen to 8.3 percent. That is the lowest it has been since February 2009, and it came as an unexpected surprise for financial markets that are hungry for some good news. According to the Bureau of Labor Statistics, nonfarm payrolls jumped by 243,000 during the month of January. You can read the full employment report right here. Based on this news, pundits all over the world were declaring that the U.S. economy is back. Stocks continued to rise on Friday and the Dow is hovering near a 4 year high. So does this mean that our economic problems are over? Of course not. A closer look at the numbers reveals just how fraudulent these employment statistics really are. Between December 2011 and January 2012, the number of Americans "not in the labor force" increased by a whopping 1.2 million. That was the largest increase ever in that category for a single month. That is how the federal government is getting the unemployment rate to go down. The government is simply pretending that huge numbers of unemployed Americans don't want to be part of the labor force anymore. As you will see below, the employment situation in America is not improving. Yet everyone in the mainstream media is dancing around as if the economic crisis has been cancelled. I can't take it anymore! It is beyond ridiculous that so many intelligent people continue to buy in to such fraudulent numbers.

Suppose by Laurence M. Vance

"My point is, if another country does to us what we do to others, we’re not going to like it very much. So I would say that maybe we ought to consider a golden rule – in foreign policy. Don’t do to other nations what we don’t want to have them do to us" ~ Ron Paul

The war-crazed conservatives in the crowd at one of the Republican presidential debates recently held in South Carolina booed and jeered when Ron Paul called for a golden rule in U.S. foreign policy. "We endlessly bomb these other countries and then we wonder why they get upset with us?" added Dr. Paul.
Naturally, the bloodthirsty warmongers at Frontpagemag.com consider Paul’s foreign policy to be absurd, dangerous, and clueless. 

The Path to Peace by Ron Paul

This speech before the House of Representatives, March 25, 1999, is collected in A Foreign Policy of Freedom (2007).
Mr. Speaker, today I rise with gratitude to Edmund Burke and paraphrase words he first spoke 224 years ago this week. It is presently true that to restore liberty and dignity to a nation so great and distracted as ours is indeed a significant undertaking. For, judging of what we are by what we ought to be, I have persuaded myself that this body might accept this reasonable proposition.
The proposition is peace. Not peace through the medium of war, not peace to be hunted through the labyrinth of intricate and endless negotiations; not peace to arise out of universal discord, fomented from principle, in all parts of the earth; not peace to depend on juridical determination of perplexing questions, or the precise marking the shadowy boundaries of distant nations. It is simply peace, sought in its natural course and in its ordinary haunts.

Ron Paul on Sexual Freedom and AIDS

Ronald Reagan Speaks Out Against Socialized Medicine

Peter Schiff Radio - Guest Thomas Sowell 2-22-11 (1 of 2)

Tom Woods Interviews Walter Williams - Peter Schiff Radio 02-03-12

Fed Inflation Goal Is More Politics Than Policy: Evan Schnidman. By Evan A. Schnidman

The Federal Reserve’s decision last month to set a soft inflation target is the latest in a series of steps the central bank has taken in recent years to improve policy transparency. It’s also the most controversial among economists, and with good reason.
In 2004, Frederic Mishkin, an economics professor at Columbia University who later became a member of the Federal Reserve Board, engaged in a written debate on the issue with Ben Friedman of Harvard University in the journal International Finance. Mishkin based his argument on work he had done with now-Fed Chairman Ben S. Bernanke. Their work contends that inflation targeting increases transparency and doesn’t limit policy options for central bankers but rather provides “constrained discretion.”

John Adams and the Jockeys of Anarchy: David Hackett Fischer

Jockeys of Anarchy
Illustration by Mikey Burton
The idea of liberty, when truly understood, invites and even obligates us to respect the liberty of others. Yet, as we so often see, the most exalted virtues in the world can give rise to practical vices.
One such vice that has often occurred in American history is the habit of some people to claim that their own endowment of liberty gives them a power to diminish or destroy the liberties of others. Among the earliest examples of this were the people in New England’s Puritan colonies who demanded religious liberty for themselves but used it to destroy the religious liberty of others.

U.S. Stocks Fall Amid Greek Debt Talks. By Rita Nazareth

U.S. stocks declined, snapping a three-day rally for the Standard & Poor’s 500 Index, amid concern about Europe’s debt crisis as Greek leaders wrestled with spending cuts to get aid and avert a default.
Boeing Co. (BA) dropped 1.3 percent as the company ordered inspections of 787 Dreamliners after finding signs of fuselage delamination. Humana Inc. (HUM), the second-largest Medicare provider, slid 3.9 percent after raising its 2012 earnings forecast less than analysts estimated. Micron Technology Inc. slumped 2.7 percent as it named Mark Durcan as its chief executive officer, replacing Steve Appleton, who died on Feb. 3.

The Improving Jobs Picture

China to the Rescue for the Euro Zone?

GM to Notch $8 Billion Profit For 2011

Stocks Face Headwinds of Struggling Profits

Still Club Fed

A CBO report says that on average the compensation paid to federal workers is nearly 50% higher than in the private sector.

Federal workers on balance still receive much better benefits and pay packages than comparable private sector workers, the Congressional Budget Office reports. The report says that on average the compensation paid to federal workers is nearly 50% higher than in the private sector, though even that figure understates the premium paid to federal bureaucrats.

Presidential Fathers and Sons

For the seventh consecutive election, the next president will either be a privileged son or a man with no relationship with his biological father.

Voters this year look set to continue an odd pattern that's prevailed in presidential politics for a quarter century. They will elect either a candidate with a famous father or with no father.
The surviving serious contenders—Barack Obama, Newt Gingrich and Mitt Romney—all exemplify one of these two categories. For the seventh consecutive election, the winning candidate will be either a privileged prince with an adored, powerful patriarch, or an up-from-nothing scrapper with no relationship with his biological dad.

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