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June 29, 2015

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Discussion
36 Comments
    CFS
    Jun 29, 2015 29:13 PM

    The president ignores the law and CHOOSES which ones he will and will not enforce.

    The men in black ignore the Constitution and chooses to re-define the accepted definitions of words in the English language in order to make new.

    The Constitution gives certain powers to the Federal Goverment. Other powers it reserves to the states and the people.
    As a person, with reserved rights, why should I not choose to ignore all law/powers usurped/seized by the Government?
    ( recognizing, of course, the government has much more power, legitimate or not, than a mere person.)

    CFS
    Jun 29, 2015 29:58 PM

    For those who missed it.
    The Supreme Court throughout some EPA Regulations on the grounds that the EPA should examine the cost of compliance when it makes regulations on emission from power plants.
    Peabody Coal and others shot up about 10% today.

    CFS
    Jun 29, 2015 29:59 PM

    I mean threw out

    CFS
    Jun 29, 2015 29:50 PM

    Greece is likely to appeal to the European court to stop itself from being thrown out of the Euro system. This could delay things for over a year!

    The other problem the banking system has is the derivatives problem. How is the default not going to be called a default which would trigger interest rate swaps?

      Jun 29, 2015 29:49 PM

      It is all symantics Mr. CFS and if you have every read any Ayn Rand you know what a slippery slope that can be!

    CFS
    Jun 29, 2015 29:37 PM

    Now the Idiots in Black will not even uphold the law.
    The U.S. LAW States that in order to votes one has to be a citizen of the U.S.
    In a judgment today, however, the highest court in the land ruled that voters cannot be asked to prove their citizenship.

    One wonders how their judgment would have changed if it were known that 65% of all illegal voters were going to vote Republican instead of Democrat.
    A partisan Supreme Court is not a valid one.
    Come the revolution…….

      Jun 29, 2015 29:50 PM

      I, unfortunately, am starting to agree with you, sir!

        CFS
        Jun 30, 2015 30:12 AM

        There are, believe it or not, two constitutional remedies to overturn a Supreme Court judgment that is not liked by the people.
        The simplest is simply new law passed by congress, because the Constitution actually allows congress to overturn a judgment of the Supreme Court, presumably even if the Supreme Court claims it was made because of constitutional grounds.
        This was discussed at length by the writers of the Constitution; where it was decided power should rest ultimately with the elected people, not appointed judges.
        Secondly a Convention of the States, as opposed to a constitutional convention could alter the Constitution to negate a specific Supreme Court decision.
        I should note that recently the 34th state just requested a States Convention, but there is some ambiguity about expiration of earlier requests, so Boehner has been dragging his feet for several months over this issue.

    CFS
    Jun 29, 2015 29:55 PM

    Did you read the recent opinion pole asked of Muslims in the US?

    80% said they wished to live under Sharia Law.

    Interesting to note that homosexuality is punishable by execution under Sharia law; how about that for compatibility with the new law created by the idiots in black, which unconstitutionally forces gay marriage in all states?

    So far this year tens of thousands of Christian girls between the age of 1 and 9 have been sold into slavery by the Islamic State at prices ranging from a packet of cigarets to about $170.

      Jun 29, 2015 29:51 PM

      It is a long fall, Professor. Perhaps it has started!

      Jun 29, 2015 29:19 PM

      Well put CFS !
      Back in December I started posting about the Human Rights Abuses by the Radical Fundamental Islamic States.
      I refuse to remain silent.
      We must never forget that 15 of the 19 hijackers on 911 were Saudis.

    CFS
    Jun 29, 2015 29:58 PM

    The protests against the behavior of the Islamic State coming out of the White House are deafening (in their silence)

    CFS
    Jun 29, 2015 29:12 PM

    The AIIB OPENED TODAY.

    BEIJING—A new China-led infrastructure bank aims to differentiate itself from other lenders with a leaner, more efficient structure that ultimately gives Beijing veto power over major decisions, people close to the institution said.

    The bank’s voting structure means that China will retain the upper hand as the largest shareholder, according to its articles of incorporation and people close to the bank. China has offered to forgo…

    CFS
    Jun 29, 2015 29:25 PM

    Meanwhile in Greece:
    ​S&P downgrades Greek credit rating, puts chance of Grexit at 50%

    00:10 GMT:
    The ruling Syriza party has issued a statement supporting the large turn-out at Monday evening’s rally.

    “Today, in Syntagma, thousands of citizens responded to the ultimatums [made by creditors],” the party said in a statement said. “People said a big and resounding ‘no’ to blackmail, terrorization, threats internally and externally, and a big ‘yes’ to democracy, dignity, popular sovereignty, values that are the foundation of modern European civilization.”

    Monday, June 29
    22:27 GMT:
    Thousands of ‘no’ activists gathered in Athens’ Syntagma Square on Monday evening to speak out against further austerity measures, RT’s Ruptly reported. Protesters are encouraging the Greek people to vote ‘no’ in the upcoming referendum.

    CFS
    Jun 29, 2015 29:26 PM

    RT report above. Note the source when judging veracity .

    Jun 29, 2015 29:07 PM

    Al and Cory
    Think you need to make things crystal clear for people posting in the COMMENTS Section:

    1. One sentence that explains the focus of this site; what makes it unique
    2. A simple, concise set of rules for posting.
    3. If a poster repeatedly breaks the rules, they are banned.
    4. There must be a moderator that removes posts that violate the rules.
    5. Off topic posts clearly outside of the focus of the site, COULD be subject o removal.

    Or ignore everything I just wrote and follow this simple rule of a bartender friend of mine:

    Never talk about sex, religion, or politics. You will offend nearly everyone.

    Brian

      Jun 29, 2015 29:54 PM

      Correct Brian, but you definitely get some very interesting dialog. Don’t you think!

      I have a lot of time for the folks on this forum.

      Opinionated Yes! Pretty well informed and bright? Also yes!

      Your opinion?

      CFS
      Jun 30, 2015 30:21 AM

      Brian, this particular section is about a webinar to specifically discuss “political issues”, so I was mentioning some political issues that seem relevant at this time.
      In amongst some personal views, I do try to provide information to educate those ignorant of actual facts. I also try not to post merely to give a personal opinion without also including specific information, however if anyone wants me to stop posting, just ask and I will stop.

      Jun 30, 2015 30:35 AM

      I completely agree Brian. Well said.

        Jun 30, 2015 30:38 AM

        Here’s an interesting article from Frank.

        There’s a Huge Disparity Between How Regulators Deal with Gold and Stock Market Manipulation

        June 26, 2015 – Frank Holmes

        http://www.usfunds.com/investor-library/frank-talk/theree28099s-a-huge-disparity-between-how-regulators-deal-with-gold-and-stock-market-manipulation/#.VZKo-Pk7uWg

        Jun 30, 2015 30:41 AM

        as for some basic guidelines, I also brought up this topic on the weekend show.

        On June 27, 2015 at 5:30 am,
        Shad says:

        The community Guidelines from the Craig Hemke (aka Turd Furguson) – TF Metals Report are funny and appropriate for this blog:

        Community Guidelines

        Commenting on TF Metals Report is a privilege, not a right. Your access to the commenting feature may be disabled or your account permanently banned if you abuse your account to post malicious comments, spam, or disruptive trolling. Your purchase of a Gold Membership does not give you permanent commenting rights, and commenting can and will be turned off for disruptive members regardless of paid or unpaid membership status. Please follow these simple guidelines:
        1) No running or horseplay of any kind.
        2) Be nice.
        3) Be helpful.
        4) Give more than you take.
        5) Ignore trolls but use the “Hat Tip” button whenever deserved.
        6) Wait at least 20 minutes after eating before posting comments or starting threads.
        7) Treat others the way you like to be treated.
        8) Confine all controversial topics and discussions to their designated forum.
        9) If you stay on this site longer than 4 hours, seek immediate medical attention.
        10) Copying and pasting full-length articles in the forums and comments could get The Turd slapped with a DMCA copyright violation. Quote a small portion as “fair use” and link out to the article instead. The Turd’s lawyer thanks you.
        11) Have fun and be respectful. Share quality information. This site is about and for you, not The Turd. To paraphrase Benjamin Franklin: The Turd has given you the site you deserve. Now, can you keep it?

    Jun 29, 2015 29:20 PM

    CFS

    I choose to not live in fear my dear friend. Besides, you have failed to mention the real issue – the fact that 99.9% of the population has swallowed the hook of deceit (the one that will lead to the establishment of the one world system: the same one people will BEG for). Not everything is as it seems.

    HINT: If you heard it via the mainstream/alternative media (e.g. Glenn Beck/Alex Jones) and believe it … you are in the dark.

      Jun 30, 2015 30:18 AM

      I for one have not once been a fan of Beck or Jones but that does not mean that anywhere near 100% of what they say is false. The elite are quick to “adopt what they can’t stop” and that means getting control of those who are closest to the truth. The job of those two guys, and many others, is to crowd out and replace legitimate dissent and steer the discussion while simultaneously acting in such a way that the sheeple are repelled and the truth is discredited (think Alex Jones on Piers Morgan’s show).

      They also act as “pressure relief valves” or neutralizers in several ways.

      – People are less inclined to do anything about anything that concerns them if they think they are well represented and “someone else will do it.”
      – While some fear might produce action in those experiencing it, too much fear (due to Jones style fear mongering) tends to produce paralysis. His simplistic scenarios are also geared for dummies that were raised by Hollywood. So, while they’re getting ready for an in-your-face situation (the only kind they understand or are smart enough to fear) like Terminator or Mad Max, the planners easily continue to make massive progress easily. Then, when it’s mission accomplished, the poor preppers will not only not realize it, but they will breathe a collective sigh of relief that “nothing” happened. *OR* they will continue to tremble and prep for the day that never comes.
      This is not speculation, by the way. A semi alert observer knows that this is how it is and has been; not how it’s going to be at some later date.

      Using debt, dependence and fear, the U.S. is being dismantled right before your eyes.

      CFS
      Jun 30, 2015 30:26 AM

      Bent nail, I spend about 20 hours a day reading. Rest assured, I have read all New World Order theories. I also usually have 2 news radios on in the background.

    CFS
    Jun 30, 2015 30:20 AM

    The EU appears to be softening its position on Greece, as Junker offer to renegotiate partial but unspecified debt forgiveness.

    CFS
    Jun 30, 2015 30:26 AM

    Reuters:

    A Greek official told Reuters: “There has been a lot of movement in the last few hours, in the direction of a new proposal.”

    After months of wrangling and acrimony, the growing possibility that Athens could be forced out of the single currency brought into sharp focus the chaos that could be unleashed in Greece as well as the danger that would arise for the stability of the euro.

    “What would happen if Greece came out of the euro? There would be a negative message that euro membership is reversible,” said Spanish Prime Minister Mariano Rajoy, who a week ago declared that he did not fear contagion from Greece.

    “People may think that if one country can leave the euro, others could do so in the future. I think that is the most serious problem that could arise.”

    EU and Greek government sources said Jean-Claude Juncker had offered to convene an emergency meeting of euro zone finance ministers on Tuesday to approve an aid payment to prevent Athens defaulting, if Tsipras sent a written acceptance of the terms.

    CFS
    Jun 30, 2015 30:31 AM

    I just heard that when Puerto Rico defaults on Wednesday, it can not use bankruptcy to remove debts.
    Apparently, although available to states, bankruptcy is not available in U.S. Law for Puerto Rico.

    CFS
    Jun 30, 2015 30:32 AM

    PR total debt is $70 billion.

    Jun 30, 2015 30:46 AM

    Stewart Thomson: “Some analysts have suggested that the US stock market could function as a type of “safe haven”, if global bond markets collapse. I beg to differ, and yesterday’s meltdown in the Dow suggests that I’m correct to do so.”

    I’m completely with Stewart on that point.
    http://www.321gold.com/editorials/thomson_s/thomson_s_063015.html

      CFS
      Jun 30, 2015 30:53 AM

      I should remind you, however, to also consider the rise of the German stock market during the Weimar collapse. This is the only real collapse of a major currency we have seen in the last century.

        Jun 30, 2015 30:04 AM

        I believe that the potential for that sort of loss of confidence in the dollar is a ways off. Therefore, a bear market will happen before Armstrong’s “phase transition.”

        Jun 30, 2015 30:07 AM

        However, we have already seen shades of what you are talking about. In year 2000 dollars, the Dow is currently more like 4,000 not 18,000.

          Jun 30, 2015 30:08 AM

          Ok, maybe 6,000… Still, it’s FAR from what most think, in real terms.

    CFS
    Jun 30, 2015 30:49 AM

    The EU BLINKED.
    Greece asks for two year bail-out extension:

    Published time: June 30, 2015 13:45
    http://on.rt.com/u1yvg0

      Jun 30, 2015 30:02 AM

      What a shameless country.

    CFS
    Jun 30, 2015 30:29 AM

    Meanwhile this week in Syria:
    ISIS executed two women by beheading them in Deir Ezzor [Deir al-Zor] province [in eastern Syria], and this is the first time the Observatory has documented women being killed by the group in this manner,” Rami Abdulrahman, head of the Syrian Observatory for Human Rights said.

    Read more
    A year of terror: ISIS kills over 3,000 in Syria since declaring ‘caliphate’ – report

    The beheadings took place on Monday and Sunday. One woman was murdered in the provincial capital with her husband. The other woman was also killed with her husband in al-Mayadeen (Mayadin) city.

    According to the monitor, all of the victims were accused of “witchcraft and sorcery.”

    In recent days Islamic State (IS, formerly ISIS) militants have also strung up eight men, including two minors, alive on crucifixes for reportedly failing to fast during Ramadan, a Muslim religious period.