Monthly Archives: July 2012

New Farm Bill: Welfare in Disguise

Since the Great Depression, lobbying by farmers has proved particularly lucrative but has threatened to detach agriculture from the goal of efficiently producing food for consumers. Today, farm policy consists of an array of subsidies, regulations, spending programs, and land-use … Continue reading

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Man Sentenced To 30 Days In Jail For Collecting Rainwater On His Property

A rural Oregon man was sentenced Wednesday to 30 days in jail and over $1,500 in fines because he had three reservoirs on his property to collect and use rainwater. Read more…

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Parks Scandal Shines Spotlight on Prior Year Budget Spending

Recent revelations about the Department of Parks and Recreation hiding $54 million dollars while threatening to close 70 state parks in the 2011-12 budget raises questions about other budget assumptions.    These revelations come as California started a new fiscal year … Continue reading

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Senate Votes to Raise Taxes on Small Businesses

Yesterday, the Senate narrowly voted (51-48) to raise taxes on 1.2 million small businesses, which will likely kill more than 700,000 jobs at a time when nearly 13 million Americans are out of work. Senators Joe Lieberman (I-CT) and Jim … Continue reading

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Congressman Ron Paul grills Fed Chairman Ben Bernanke

Congressman Ron Paul grills Chairman Ben Bernanke on Fed transparency in a House Financial Services Committee Hearing on July 18, 2012.

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Ron Paul wins: House votes to audit the Federal Reserve

House lawmakers voted today to have an independent audit the Federal Reserve take place, a process that will probe the Wall Street bailouts and other Federal Reserve decisions since the 2008 financial crisis. Read more…

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The Bankruptcy Dominoes Begin to Fall in California

It is happening.  Bankruptcy is the next phase of California government.  In the next four years Los Angeles will have a total deficit of $1.1 billion—and no way to pay. Read more…

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