Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: Freedom

Why is Gold Over $1700 an Ounce?

A London Good Delivery bar, the standard for t...

Image via Wikipedia

With gold bouncing up from $1,668 an ounce on Friday, August 5 to $1,778 on Tuesday, August 9, it was the biggest three-day rally since the start of the great recession in 2008. At the same time, the equities markets were falling precipitously, losing over 600 points on the Dow on Monday alone. What is the connection?

The easy answer is fear, loss of confidence, and

Keep Reading…

Nine of 12 Super Committee Members Named: Tea Party Marginalized

May_30_Health_Care_Rally_NP (207)

Image by seiuhealthcare775nw via Flickr

Senate Majority Leader Harry Reid was the first to announce his three nominees to the “Super Committee” created by the recent debt ceiling increase, and all three fit the mold of big-spending liberals: Senators John Kerry (D-Mass.), Max Baucus (D-Mont.), and Patty Murray (D-Wash, right.), the latter of whom will also serve as co-chairman of the committee. Reid observed of his picks:

Keep Reading…

Lacking Support, Boehner Delays Debt-Limit Vote

John Boehner - Caricature

Image by DonkeyHotey via Flickr

House Speaker John Boehner’s last-minute “pep talk” to his Republican caucus early Thursday morning failed to turn the tide of Tea Partier “nays” to “yeas,” and the vote on his debt-limit bill has been postponed. Calling on them to “get…in line” because “I can’t do this job unless you’re behind me,” Boehner failed in getting the 216 votes he needed. He claimed, “The Republican proposal includes real spending cuts and reforms that will restrain future spending—and the spending cuts are larger than the debt limit increase.”

He went on to say his bill represents “the best opportunity we have to hold the president’s feet to the fire. [Obama] wants a $2.4 trillion blank check that lets him continue his spending binge through the next election. This is the time to

Keep Reading…

Food Crisis Used to Push Global Governance

The original advisory opinion was requested by...

Image via Wikipedia

According to internationally acclaimed author and highly regarded expert Lester Brown, writing in the January 10 issue of Foreign Policy magazine:

Tonight there will be 219,000 additional mouths to feed at the dinner table, and many of them will be greeted with empty plates.

Another 219,000 will join us tomorrow night.

Keep Reading…

China’s Paper Inflation Stimulus To End Badly

Problem loans at China’s banks are significantly worse than initially thought, according to Moody’s Investors Service’s news release on July 4th. This raises concerns already expressed about China’s continued ability to grow its economy at annual rates approaching double-digits. The weakness is so pervasive that Moody’s

Keep Reading…

Lieberman Plans to Kick the Medicare Can

Joe Lieberman Fluffy Flag

Image by Truthout.org via Flickr

Senator Joe Lieberman (I-Conn.) joined with Senator Tom Coburn (R-Okla.) on Tuesday in announcing their plan to reform Medicare before it goes “broke and take[s] our government down with it.” Noting that Medicare beneficiaries take almost three times more out of Medicare than they ever put in, Lieberman is persuaded that the flawed welfare-state program can be reformed.

With substantial increases in premiums and extensions of age of eligibility, Lieberman said their plan would save $600 billion over the next 10 years, and reduce Medicare’s unfunded liability from

Keep Reading…

Pentagon: Cyberattack an Act of War

Matrix Code

Image by My Melting Brain via Flickr

Following up on the publication of the “International Strategy for Cyberspace” by the Obama administration last month, the Pentagon clarified and expanded upon its intention to consider a computer attack as equivalent to a more traditional act of war.

The White House’s strategy made clear that:

Keep Reading…

The Food Crisis Explained (Away)

Logo of the Food and Agriculture Organization

Image via Wikipedia

Hysterics and Manipulation

When the UN’s Food and Agriculture Organization (FAO) announced its latest round of increases in the cost of food, analysts were nearly breathless in their recommendations for solutions that involved—what else?—more international “cooperation,” under the tender ministrations and control of the UN.

Keep Reading…

What’s Wrong with Insider Trading? Ask Raj Rajaratnam

NEW YORK, NY - APRIL 12:  Billionaire Galleon ...

Image by Getty Images via @daylife

When Raj Rajaratnam, founder of Galleon Management, was convicted on all 14 counts of insider trading earlier this month, it made the phones ring in lawyers’ offices all across the country. Rajaratnam was only one of 47 people charged but he was by far the biggest fish caught in the net set by United States attorney for Manhattan, Preet Bharara. It took Bharara’s office 9 months of wire-tapping Rajaratnam’s phone, and 18 months of additional investigative work to get the convictions, and Bharara was ecstatic: “The message today is clear–there are rules and there are laws, and they apply to everyone, no matter who you are or how much money you have.”

Keep Reading…

Greek Austerity, Privatization Programs Won’t Be Enough

George Papandreou

Image by Parti socialiste via Flickr

In its efforts to avoid restructuring (i.e., defaulting on) its debt, Greece announced the sale of some of its assets to raise funds and to satisfy the austerity requirements imposed on the country last March. It is trying to raise $70 billion by 2015. Its efforts won’t be nearly enough.

For sale is the country’s 1/6th interest in OTE, Europe’s largest telecom company, its one-third interest in the Post Savings Bank, all of its interest in the country’s two largest port operators. It will also reduce its ownership shares significantly in

Keep Reading…

Greece is Out of Options

Greek Flag

Image by Rupert Brun via Flickr

Writers for The Wall Street Journal’s lead article on Tuesday expressed surprise that Greece’s fiscal problems are “coming to the boil once more.” After all, when Greece went hat in hand to members of the eurozone last year, they were able to secure a $158 billion bailout whose strings attached required severe austerity measures on the Greek citizens to resolve the matter. The matter has obviously not been resolved, and Greece is back to the table, asking for more assistance. This time it’s a much tougher sell.

Keep Reading…

Carson & Huckabee Tell the Truth—Politicians Lie [VIDEO]

Mike Huckabee in Rochester NH - 22

Image by Aaron Webb via Flickr

In a moment, perhaps, of unintended clarity, potential presidential candidate Mike Huckabee said, “You have to govern in a way that is different than the way you campaign.”

Huckabee amplified his response to Fox News host Bill Hemmer on Friday that Ronald Reagan would have a tough time getting nominated by the Republican Party for 2012. When Hemmer asked why, Huckabee responded:

Keep Reading…

Republicans Take Medicare Changes Off the Table

Pill tablet

Image by doug88888 via Flickr

Writers Carl Hulse and Jackie Calmes, in the New York Times, could scarcely contain their delight that House Republicans have decided to put any proposed changes to Medicare on the shelf for the time being. Recognizing that Medicare modifications are a critical component of Rep. Paul Ryan’s (R-Wis.) “Road Map,” the pair ascribed the Republicans’ backing off to “the difficulties and political perils of addressing the nation’s long-term fiscal problems.” Translation: Democrat control of the Senate assures that any attempt to modify Medicare at present will

Keep Reading…

Chile’s Privatized Social Security Program is 30 Years Old, and Prospering

The Coat of arms of Chile

Image via Wikipedia

As a quiet example of how privatizing Social Security works in the real world, Chile’s 30-year experiment is succeeding beyond expectations. Instead of running huge deficits to fund the old “PayGo” system, private savings now exceed 50 percent of the country’s Gross Domestic Product.

Prior to May 1, 1981, the Chilean system required contributions from workers and was clearly in grave financial trouble. Instead of nibbling around the edges to shore up the program for another few years, José Piñera, Secretary of Labor and Pensions under Augusto Pinochet, decided to do a major overhaul of the system:

Keep Reading…

Atlas Shrugged: the Movie

Atlas Shrugged

Image by eflon via Flickr

Something is terribly wrong. The Dow has dropped below 4,000, gasoline (when available) costs $37.50 a gallon, the nation’s infrastructure is deteriorating, businessmen are wearing sandwich boards asking for work. Government’s response to the enervated economy is to impose even more regulations and forced wealth-redistribution on already-highly regulated business and industry. A gray palpable pall hangs over the land. Meanwhile, the nation’s most productive citizens begin to disappear voluntarily, one by one. But why? The question is answered by another question as mysterious as the disappearances themselves: “Who is John Galt?”

Keep Reading…

Investors in U.S. Debt at Tipping Point?

Teeter-Totter Crossing

Image by SushiFugu via Flickr

When Terence Jeffrey, writing for CNSNews.com, noted that true federal spending for the fiscal year 2010 wasn’t $3.7 trillion after all, but closer to $11 trillion, he discovered an old accountant’s trick to make things look worse (or better) than they are: either double count, or don’t count at all.

In the process of sorting out the accountant’s trick, however, Jeffrey uncovered an unnerving fact:

Keep Reading…

$4 Trillion in Cuts Proposed by GOP Rep. Paul Ryan

Paul Ryan

Image by Gage Skidmore via Flickr

During an interview on “Fox News Sunday”, Rep. Paul Ryan (R-Wisc.), chairman of the House Budget Committeeoutlined many of the details of the GOP‘s 2012 budget proposal that will officially be announced on Tuesday. He said, “We can’t keep kicking this can down the road. The President has punted. We’re not going to follow suit. ” Implying that the proposal would cut the deficit by “much more than” $4 trillion over the next decade, he offered a synopsis of what to expect on Tuesday:

Keep Reading…

Portugal PM Resignation Rattles EU

Sócrates

Image by José Goulão via Flickr

When the Portuguese Parliament failed to pass an austerity bill on March 23, the country’s Prime Minister, Jose Socratesresigned. That move leaves Portugal leaderless for at least two months while facing a significant financial crisis: it must refinance nearly $13 billion of short-term debt by June. Investors have already pushed interest rates on Portugal’s sovereign 10-year debt to almost 8 percent, while credit-rating agencies Fitch and Standard & Poor’s both downgraded that debt’s quality on March 24.

The European Union (EU) has already bailed out Greece and Ireland, and a top official announced that the EU has the resources to rescue Portugal, if necessary. The bailout would cost an estimated $60 billion to $80 billion.

Keep Reading…

Tea Party Cements Patriot Act Into Place

"A Patriot Act"

Image by basykes via Flickr

In light of recent extensions of the Patriot Act, it can be concluded that many Tea Partiers are reneging on parts of the Tea Party agenda. Of the 41 Tea Party-backed candidates, 31 voted to extend the Patriot Act, eight voted against it, and one did not vote. As John Tyner stated at Lewrockwell.com: “Despite the eight nea votes, Tea Party-backed candidates overwhelmingly backed an extension of the Patriot Act.”

It took Congress scarcely six weeks after the 9/11 terrorist attacks to write, deliberate, and then overwhelmingly pass the Orwellian-named USA PATRIOT Act on October 26, 2001, and the Bill of Rights hasn’t been the same since. In its chilling summary of the law, Wikipedia noted

Keep Reading…

CFR: Tea Party Dangerous, Obstructive

Walter Russell Mead

Image by New America Foundation via Flickr

When the internationalist-minded Council on Foreign Relations (CFR) decided it was time to take a hard look at the growing influence of the Tea Party movement in America, it selected “one of the country’s leading students of American foreign policy,” Walter Russell Mead, to do the study. Appearing as the headline article in Foreign Affairs for March/April 2011, his article is entitled “The Tea Party and American Foreign Policy.”

Mead’s credentials for representing one of the leading lights of the Anglo-American Establishment are impeccable:

Keep Reading…

Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.