RED ALERT: New Jersey: Assembly Committee to Consider Ammo Ban & More

from NRAila.org:
On Monday, January 30, the New Jersey Assembly Law and Public Safety Committee is scheduled to consider Assembly Bill 588 and Assembly Bill 1013. The hearing will be held at 2:00 p.m. in Committee Room 16, 4th Floor, State House Annex in Trenton.
Sponsored by Assemblyman L. Grace Spencer (D-29), A588 is cleverly disguised as police safety legislation aimed at armor piercing ammunition (which is already prohibited under federal and state law). The measure actually opens the door to a sweeping ammunition ban by an unelected public official by executive fiat. Common hunting, target, and self-defense ammunition would be subject to ban, along with BB’s, airgun pellets, and non-metallic ammunition like plastic airsoft pellets, if the Attorney General decides that they pose a threat to the safety and well being of law enforcement.
Although the bill only mentions handgun ammunition, it is in fact not limited to handgun ammunition, and would apply to all rifle ammunition for which a handgun is ever made. As an increasing number of gun manufacturers make handgun models that shoot rifle caliber ammunition, the line between “handgun” vs. “rifle” ammunition has become blurred, and the New Jersey State Police have already begun treating rifle ammunition in this category as if it were handgun ammunition for regulatory purposes. As long as a handgun exists that shoots a particular caliber of rifle ammunition, New Jersey treats that ammunition as if it were handgun ammunition.
Read More @ nraila.org

Their Rights As Englishmen: A Brief History of the Second Amendment

by Mark Esposito, jonathanturley.org:
Few words have sparked as much emotion on the blog –and may have even cost it a victory lap in the ABA blog voting this year – as the Second Amendment to the U.S. Constitution. Seems the history of the Amendment was just as jumbled and ferociously fought, or so contends Law Professor David E. Vandercoy, in his short history of the Second Amendment.

The roots of the Second Amendment stretch back to 10th Century Britain and the rule of King Alfred (the only English monarch to be given the epithet “the Great”). Alfred, who consolidated the southern wield of England against Viking invasions by uniting the Angle and Saxon tribes into a unified force after years of in-fighting, considered all freemen of the realm as soldiers in waiting. To accomplish this rather audacious purpose, he required that each adult male subject possess weapons to comprise a ready-force to defend the crown and the kingdom.
Read More @ jonathanturley.org

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Cost Of Second Greek Bailout Raised To €145 Billion

When the first revision of the second Greek bailout to the tidy round number of €130 billion was announced, we scoffed, mockingly. Because a country which then had a 7% budget deficit, and now has a deficit that will be well in the double digits, and not to mention a banking system that is now hollow following tens of billions in deposit withdrawals as month after month the Greek bank run gets worse, would obviously need much more liquidity (but banish the thought that it is a solvency crisis...) Sure enough, earlier today Der Spiegel broke the news that the second bailout, which has yet to be re-ratified, and absent Greece meeting demands to cede fiscal sovereignty, is likely a non-starter, would be increased to €145 billion "citing an unidentified official from the so-called troika." So whether or not this is true is irrelevant: what matters is that Spiegel released the article in the same series of posts in which it explained just why Germany has full right to demand (via European enforcement mechanisms or however) virtually anything in exchange for the ongoing endless bailout (such as: Merkel macht Wahlkampf für Sarkozy and Griechenland sträubt sich gegen EU-Aufpasser). Which means one thing only: the great propaganda spin machine is now on, and its only purpose is to provide Germany a buffer of "having done everything in its power" to prevent the now inevitable Greek default. Which, incidentally, means that a Greek default is inevitable. Because at this point once the default floodgates open, the question will be not where the bonds will trade, but just how big the impairment on the European DIP (aka Troika bailout package) will be.

F.A. Hayek On "The Great Utopia"

While it is hardly necessary to provide commentary to one of F.A. Hayek's timeless observations from his book, The Road To Serfdom, rereading the chapter titled The Great Utopia, in this year of what could possibly be the most important election in the history of the United States, in which the US public will be promised nothing short of utopia by virtually every candidate except the one who really knows that fixing America would require pain and sacrifice, is everyone's duty. Courtesy of the Center for Economic Liberty we recreate it below in its entirety, and urge all readers, regardless of political persuasion of economic beliefs to consider what F.A.Hayek was saying some 70 years earlier, and how very applicable it is to our current situation.

Romney: BLOOD MONEY

Debating in Tampa, Florida in late-January, Mitt Romney denied that Bain did “any work with the government like Medicaid and Medicare”. Now we learn that Bain, under Romney’s “supervision”, purchased and ran the Damon Corporation, who pled guilty to Federal conspiracy charges as a result of tens of millions of dollars in systemic Medicare fraud committed under Romney’s and Bain’s control. Damon was fined over $119-million which was, at the time, the largest criminal healthcare fine in Massachusetts history and Mr. Romney’s participation was characterized in 1996 by Corporate Crime Reporter thusly: “As manager and board member of Damon Corp, Mitt Romney sits at the center of one of the top 15 corporate crimes of the 1990′s.” Watch the substantiated mini-documentary, BLOOD MONEY: MITT ROMNEY’S MEDICARE SCANDAL, to learn the truth about Mitt Romney.

The SHTF A Long Time Ago!

2.3 QUINTILLION DOLLARS

[Ed. Note: Happy Saturday from SGTreport and the King of satire Billy Joe, who I happen to know owns a ton of physical silver.]
from houseofthemoon:

Gerald Celente on Talk Radio Europe – 24 January 2012

Google – The Beast – Don’t be Evil !

[Ed. Note: You Tuber postpanic2 sent us this video with a note, "I'm moving over to Zippcast.com over the next month. I'm keeping the same name postpanic2." We will investigate our options as well.]
from postpanic2:

“Assad Should Tell West To Go To Hell” with Stephen J. Lendman

The Arab League has frozen its monitoring mission in Syria, because of the escalation of violence there. More than a hundred people are thought to have been killed in clashes between Syrian security forces and opposition groups in the past two days. The UN Security Council remains split on how to end the crisis. Russia has given a resound “no” to a new resolution on Syria, drafted by the EU and Arab states, that warns of further action if Damascus fails to comply. The text called for President Assad to transfer power to a deputy. Moscow says the resolution should not contain any threat of sanctions or imply any outside intervention. RT talks to political analyst Stephen Lendman, from the Center for Research on Globalisation. Amid intensifying fighting between the Syrian army and opposition groups, RT’s Sara Firth has been to an area near the capital, which was recently taken over by rebel fighters. As she reports, although the opposition is united against the regime, they’re poles apart on their methods.

Total Donations in 2012  $10.00  (Thank You James H.)

Total Donations in 2011 $155.00 (6 Donors Thank You)

 

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