Archive for November, 2010


Rare-earth minerals to be discussed at G20

Recently I discussed the global controversy over China’s short-term cornering of the market in strategic, rare-earth minerals. This issue has legs, as they say, and WSJ’s China Real Time Report blog reports on it today: U.S. Secretary of State Hillary Clinton is raising the issue ahead of this weekend’s Group of 20 nations in South [...]

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Germany pings Geithner for Fed’s ridiculous QE2 tactic

International deiplomacy is usually conducted — with the exception of U.N. grandstanding — on a very polite level, with tough talk reserved for closed-door meetings. This makes the international response to the Fed’s $600-billion purchase of U.S. Treasury notes (QE2) exceptional for its frank criticism of the move. Germany’s Spiegel magazine interviewed that nation’s Finance [...]

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Mystery missile launch off Los Angeles: WTF?

UPDATE, 8pm: U.S. Navy admiral weighs in FoxNews’ Shepherd Smith interviewed Ret. Navy Admiral John Stufflebeem, who posited three possibilities: 1) a U.S. government agency, 2) “a private rocketeer,” or 3) “something sinister.” Stufflebeem stated that NORAD has sophisticated sensors scanning the visual and infrared spectrums, and if a launch doesn’t trigger alert thresholds, it [...]

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Hints of true financial “reform” coming our way

 Congressman Ron Paul will likely take over as chairman of the House’s monetary policy subcommittee. And he has some great ideas that could actually make a difference, says CNBC: “I will approach that committee like no one has ever approached it because we’re living in times like no one has ever seen,” Paul said in [...]

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Post-election Schadenfreude post

The only thing better than the Democrats’ losing 60 (or more) House and 6 Senate seats, is that hundreds of staffers will lose their jobs as well. Lest we forget, included among those individuals, I trust, are the ones responsible for writing the 2,000+ pages of the ObamaCare, financial “reform” and other unconstitutional bills that [...]

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