Disclaimer

The information contained in this communication is provided for informational purposes only and has been obtained or derived from sources believed to be reliable. No representation or warranty is being made, express or implied, as to the accuracy or completeness of such information, nor is it recommended that such information serve as the basis of any investment decision. This report contains forward-looking statements that are subject to change. Forward-looking statements involve inherent risks and uncertainties, and the predictions, forecasts, projections and other outcomes described herein may not occur. A number of important factors could cause results to differ materially from the views and opinions expressed herein and there are no guarantees of return. This material is not an offer to sell or a solicitation to purchase securities of any kind. Before making an investment of any kind, readers should carefully consider their financial position and risk tolerance to determine if such investment is appropriate. Mr. Jurgensmeyer may allocate assets to positions described herein and reserves the right to enter, modify or exit any such positions without notice.

Thursday, February 9, 2012

More Grease!

Yes I know how to spell Greece.  Pun was intended.

They supposedly have a deal.  Riiiiiiiiiggghhhhhttt...

I really don't care about Europe anymore.  It's broke.  Did you know that Greece has a 21% unemployment rate?  Half of people under 25 are unemployed.  Forget them.  I'm focusing on the good old U. S. of A.

Americans' dependence on federal government assistance increased 23% in two years under Obama (the biggest two-year increase since Jimmy Carter was in office)… 67 million Americans now rely on some federal aid, according to a new study by conservative think tank Heritage Foundation.

Heritage's annual Index of Dependence on Government tracks money spent on housing, health care, welfare, education, and other federal programs that were "traditionally provided to needy people by local organizations and families."

The report shows spending on "dependence programs" accounts for more than 70% of the federal budget. In 1990, that number was only 48.5%. Meanwhile, fewer Americans pay income taxes… 49.5% didn't pay any income taxes in 2009 (the most recent data). In the 1960s, that number was only 12%.

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I am now finding it laughable how hard the MSM (mainstream media) is working to make Ron Paul look unelectable.  This video is proof.  This can't be unintentional.  If you are Republican and think the White Obama is the answer, please wake up.


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More government propoganda...

FBI warns of threat from anti-government extremists

Politics »
By Patrick Temple-West

WASHINGTON | Mon Feb 6, 2012 7:21pm EST

(Reuters) - Anti-government extremists opposed to taxes and regulations pose a growing threat to local law enforcement officers in the United States, the FBI warned on Monday.

These extremists, sometimes known as "sovereign citizens," believe they can live outside any type of government authority, FBI agents said at a news conference.

The extremists may refuse to pay taxes, defy government environmental regulations and believe the United States went bankrupt by going off the gold standard.

Routine encounters with police can turn violent "at the drop of a hat," said Stuart McArthur, deputy assistant director in the FBI's counterterrorism division.

"We thought it was important to increase the visibility of the threat with state and local law enforcement," he said.

In May 2010, two West Memphis, Arkansas, police officers were shot and killed in an argument that developed after they pulled over a "sovereign citizen" in traffic.

Last year, an extremist in Texas opened fire on a police officer during a traffic stop. The officer was not hit.

Legal convictions of such extremists, mostly for white-collar crimes such as fraud, have increased from 10 in 2009 to 18 each in 2010 and 2011, FBI agents said.

"We are being inundated right now with requests for training from state and local law enforcement on sovereign-related matters," said Casey Carty, an FBI supervisory special agent.

FBI agents said they do not have a tally of people who consider themselves "sovereign citizens."

J.J. MacNab, a former tax and insurance expert who is an analyst covering the sovereign movement, has estimated that it has about 100,000 members.

Sovereign members often express particular outrage at tax collection, putting Internal Revenue Service employees at risk.

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On January 26, the S&P 500 fell 0.57% – its biggest down day this year. The S&P's last 1% decline was on December 28 (28 trading days ago). The money-management and research firm Bespoke Investment Group calculated the 28-day streak is the longest without a 1% decline in more than a year.

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I'm not a Patriots nor do I like them.  However, I do respect that Tom Brady and Wes Welker are 2 of the best at their positions.  This is funny though.


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