Latin America’s Chile: A Top Stock Market Performer

Chile has been a model for how a small developing country should conduct its economic affairs. This country of nearly 17 million people, with an economy about the size of Alabama, is arguably the most economically successful and certainly, on a per capita basis, the wealthiest country in Latin America. Read this article to learn what that means for investors…

Repeal the 17th Amendment

If not for the passage of the 17th Amendment in 1913, Obamacare would probably never have passed. That’s because the Senate would have been more attuned to the will of the public that disapproved of Obamacare by a large margin.

As Article 1, Section 3 of the Constitution of the United States says: The Senate of the United States shall be composed of two Senators from each state, chosen by the Legislature thereof for six Years; and each Senator shall have one vote.

During the Constitutional ratifying convention, John Jay, co-author of The Federalist Papers, said “The Senate is to be composed of men appointed by the state legislatures… I presume they will also instruct them, that there will be a constant correspondence between the senators and the state executives.”

Senate Rejects Earmarking Ban By Wide Margin

The Senate has overwhelmingly rejected a conservative Republican measure that would have temporarily banned lawmakers from earmarking spending bills with provisions for state-sponsored projects, such as roads or grants for local governments, the Associated Press (AP) reports. The final vote was 68-29 in favor of disallowing the moratorium on earmarks.

Supreme Court Case Pits Religious Versus Gay Rights

Americans United for Separation of Church and State, the American Jewish Committee and the Religious Action Center of Reform Judaism have filed a friend-of-the-court brief with the United States Supreme Court in support of the University of California Hastings School of Law, whose nondiscrimination policy has been challenged by a religious group.

Why Wall Street Hates Gold

Wall Street hates gold. In fact they hate it as much as government does. The reason is simple: ordinary investors that count on gold don’t need Wall Street. They don’t need the slick stockbrokers, the puffed-up analysts or the aristocratic money managers. In the eyes of Wall Street gold owners didn’t contribute a red cent to the $20-plus billion in bonuses they got last year. Read this article to learn why you should love what Wall Street hates…