The Completely Insane Cost of Federal Regulations: $2 TRILLION

So this gives a whole new meaning to the Declaration of Independence’s, “…a multitude of New Offices, and sent hither swarms of Officers to harass our people, and eat out their substance.”

The New American has released a new video breaking down The Competitive Enterprise Institute’s annual “Ten Thousand Commandments” report which has concluded that federal regulations cost the economy $1.863 trillion in fiscal year 2013 alone!

As New American’s William F. Jasper noted , “The average family, with an average income of $65,596, will ‘pay’ $15,000 in regulatory costs, or about a quarter of the family’s income, buried in the prices of everything they consume.”

Those figures are so ridiculous, they might literally make your eyeballs pop out of your head.

Think that’s an incorrect use of the word “literally?”

Not according to the updated definition of literally which says that it can be used correctly if the use is for pure hyperbole to gain emphasis, regardless of how unnecessary that emphasis might be to make the point.
Think that’s upside down and backwards to use the word “literally” when something clearly isn’t literal?

So is the 79,311 pages the federal regulations now take up in the Federal Register .

Activist Post

The Crash Heard Round the World: Saudi Arabia Ends Kissinger USD ‘Petro-Dollar’ For Oil Payments.

Russia China

Russia China

Putin kicked out the Rothschild bankers from his country [2006]. Putin interrupted the [Rothschild] US Government heroin trade supply routes out of Afghanistan. The elite banking chambers wish to remove Putin and to suppress Russia, but the sprawling nation is joined at the hip with China.

Thus Russia cannot be isolated any more than a bear can be bear hugged. The nation spans 12 time zones and is a top supplier of numerous important commodities. The Russia & China bond is growing and will result in a marriage, the consummation being a baby called the Gold Trade Standard.

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Global Ponzi Scheme: Place Your Money Into Credit Unions, Gold, Silver, & Cryptocurrencies.

First half of video discusses the ‘sans dents’ as the new ‘sans culottes’ as the bubbles will continue until morale improves. They also discuss inflation without compensation. In the second half, Max interviews David Smith of the Geneva Business Insider Blog about the Swiss Gold Initiative, the impact of sanctions and the wave of anti-EU sentiment spreading across Europe.

Max Keiser

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Credit Card Prisons Are Here: Private Poverty Prison Companies Here To Suck Up Your Tax Money!

You Are Now Faced With Shouldering The Debt Of The Bank Bailouts. You Are Now A Serf To The Rothschild NWO.

You Are Now Faced With Shouldering The Debt Of The Banker’s Bailouts. You Are Also Now Enslaved To The Rothschild NWO.

As N.P.R. reported in May, services that “were once free, including those that are constitutionally required,” are now frequently billed to offenders: the cost of a public defender, room and board when jailed, probation and parole supervision, electronic monitoring devices, arrest warrants, drug and alcohol testing, and D.N.A. sampling.

This can go to extraordinary lengths: in Washington state, N.P.R. found, offenders even “get charged a fee for a jury trial — with a 12-person jury costing $250, twice the fee for a six-person jury.”

We’ve all heard about the private prison industry by now. An idea so insane and so rampant with perverse incentives that no civilized society would ever allow such a concept to take hold. Yet taken hold it has in the Banana Republic formally known as America.

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