More Profits Than You’ve Dreamed Of

As expected, I caught some flak from a few readers of my column two weeks ago, A Trillion Reasons to Buy Gold Now. Most, I’m happy to report, agreed with what I said. A few even had some dandy suggestions to add, such as the alert reader who strongly advised buying equal amounts of two metals — lead and gold. If you missed that column and the resulting comments, click here to see them.

Gold’s recent explosion in price — up almost 400 percent during the current bull market, far outdistancing almost every stock or bond — is really the story of what our government has done to our money. There is only one way to measure what a dollar is worth; that is by what it will buy. When measured against a basket of goods that you and I need to survive, the “value” of the dollar — that is, what it will purchase — has been plummeting like a rock dropped out of a skyscraper window.

It’s easy to understand why. Keep making more of anything and the price of each one will drop. Create several trillion more dollars, to finance all sorts of government spending schemes, and Economics 101 teaches that the value — that is, the purchasing power — of each individual dollar must fall.

Of course, this harsh reality drives our liberal brethren crazy. They want to believe that government is the solution to all of mankind’s problems. They want you to believe that rising prices are caused by greedy capitalists, not by their profligate spending. And worst of all, they genuinely believe they have a God-given right to take money from you and give it to those who deserve it more.

Well, scratch part of that statement; most of them don’t believe in God, much less that He has anything to do with granting us rights. But I’ll stand by the rest of that statement.

Of all the reasons my critics gave for not buying gold now, there is one I want to address today. That is the argument that gold has already gone so high it is bound to come crashing down. “It’s a mania, folks!” some critics insist.

What we’re seeing is a lot of things, ladies and gentlemen. But one thing it’s not is a mania. Unless someone tells Ben Bernanke to turn off the printing presses, I firmly believe that we will see a mania in the price of gold and silver. But we’re not anywhere near that point today. When that day arrives, you’ll want to sell your precious metals to the people who are clamoring to buy them. For now, keep accumulating more. When the mania arrives, you’ll be glad you did.

How will you know when the time to sell is here? In a recent column Jeff Clark, the highly regarded senior editor of the Casey Research publication Big Gold, told us what it would look like. Permit me to quote him at length:

You log on to your brokerage account for the third time that day and see your precious metal portfolio has doubled from last week. Gold and silver stocks have been screaming upward for weeks. Everyone around you is panicking from runaway inflation and desperate to get their hands on any form of gold or silver. It’s exhilarating and frightening in the same breath. Welcome to the mania.

Daily gains of 20% in gold and silver producers have become common, even expected. Valuations have been thrown out the window. Investors clamor to buy any stock with the word “gold” in its title. Fear of being left behind is palpable.

The shares of junior exploration companies have gone ballistic. They double and triple in days, then double and triple again. Many have already risen ten-fold. You have several up 10,000%. No end is in sight. Your portfolio swells bigger every day. Your life is changing right in front of your eyes.

Every business program touts the latest hot gold or silver stock. Headlines blare anything about precious metals, no matter how trivial. Weekly news magazines and talk-radio hosts dispense free stock picks. CNBC and Bloomberg battle to be first with the latest news.

Each tick in the price of gold and silver flashes on screen, and interruptions offering the latest prediction seem to happen every fifteen minutes. Entire programs are devoted to predicting the next winner. You watch to see if some of your stocks are named.

The only thing growing faster than your portfolio is the number of new “gold experts.” It’s a bull market in bull.

“It’s a bull market in bull.” Thank you, Jeff, for a wonderfully memorable expression. At first, the people who were smart enough to invest a sizeable chunk of their wealth in gold and gold-related assets, such as mining stocks, will be dazzled by how much money they’re making. But then, Jeff warns, their joy will turn to worry.

At first it was exciting, then breathtaking. Now it’s scary. You’re drowning in obscene profits but are becoming increasingly anxious about how long it can last. Worry replaces excitement. You don’t know if you should sell or hold on. Nobody knows what to do. But the next day, your portfolio screams higher and you feel overwhelmed once again.

You begin to worry about the security of your own stash of bullion — those clever hiding spots don’t feel quite as secure as you first thought they’d be. Is the bank safe deposit box really secure? Shouldn’t they hire a security guard? Should I move some of it elsewhere? Is there anywhere truly safe? You find yourself checking gun prices online.

As Jeff points out, a gold mania will only be a symptom of much more serious problems in this country:

Your wife calls and says the $100 you gave her that morning isn’t enough to buy groceries for dinner. Prices change often on everything. She urges you to get some bread and milk before the store raises the price again.

Citizens are furious with government. Agencies have been swarmed with bitter taxpayers and revolting benefit recipients. One government office was set on fire. A riot erupted in Washington, D.C. last week and martial law was temporarily declared. It’s too dangerous to travel anywhere.

As crazy as things are, it’s hard not to smile. You’re in the middle of a mania. Your life has changed permanently. You’re thankful you bought gold and silver before the mania, along with precious metal stocks.

As night settles and your house quiets, you log on to your brokerage account one last time. Even though you’re ready for it, your mouth drops when you see your account balance. It is truly overwhelming. You stare at the blinking screen, hand on the mouse, the cursor hovering on the sell button… 

Is this an accurate description of what the future will look like? No one knows for sure. As Yogi Berra once remarked, the future is awfully hard to predict. But it seems to me that betting on more inflation and higher gold prices is as close to a sure thing as you’re going to see in this life.

If you need more convincing, let me suggest you order the CDs from Casey’s Gold & Resource Summit which was held earlier this month. And then listen to them. The all-star line-up included John Hathaway of Tocqueville Gold Fund, Eric Sprott of Sprott Asset Management, Richard Russell, of Dow Theory Letters, and more than two dozen others, including Jeff Clark, Doug Casey, Rick Rule and Bob Bishop.

I’m happy to report that Personal Liberty Digest has arranged a special deal on Casey’s Gold & Resource Summit CDs for Straight Talk readers. To learn about it, just click here.

Remember, knowledge is power. And it’s tax-free to boot. What’s more, the CDs should be a tax-deductible expense for you. I call that a win-win.

Until next time, keep some powder dry.

— Chip Wood

Georgia Colleges Close Doors On Illegal Immigrants

Georgia colleges close doors on illegal immigrantsFive public colleges in Georgia have announced a new ban that will prevent illegal immigrants from being admitted into their schools. The state's 30 other public institutions will adopt a policy that doesn't allow undocumented students to be accepted into colleges or universities ahead of legal residents.

According to media reports, illegal immigrants will no longer be accepted to the University of Georgia in Athens, Georgia Tech in Atlanta, Medical College of Georgia in Augusta, Georgia State University in Atlanta and Georgia College and State University in Milledgeville. The list of schools may change over time.

The State Board of Regents states that only 501 of the 310,000 students within the university system are undocumented, and they currently pay out-of-state tuition. The new policies, which go into effect in the fall of 2011, will benefit academically qualified students with legal status who may have been rejected due to space constraints under old rules.

"Not enough Georgians graduate from high school and pursue post-secondary education," said regents spokesman John Millsaps, quoted by CNN. "We need more [state residents] to pursue higher education."

Last month, the U.S. Senate halted legislation that would have helped undocumented students gain citizenship. The Development, Relief and Education for Alien Minors (DREAM) Act would have allowed certain immigrants to become citizens if they met specific requirements, which included attending college or enrolling in the military.

Civil Rights Group Defends Citizen Denied Gun Ownership Due To Old Misdemeanor Charge

Civil rights group defends citizen denied gun ownership due to old misdemeanor chargeProtectors of the Second Amendment have filed a lawsuit against Attorney General Eric Holder and the FBI over a law that denies gun rights to individuals with a misdemeanor conviction.

The Second Amendment Foundation (SAF) is acting on behalf of a Vietnam War veteran, Wayne Schrader, who was twice denied the opportunity to own a firearm because of a misdemeanor charge stemming from an altercation that happened more than 40 years ago. Schrader was arrested in 1968 for defending himself against a member of a street gang in Maryland, according to the plaintiff's complaint.

Schrader was denied gun ownership rights on two separate occasions, in 2008 and 2009. The FBI also ordered Schrader, who wanted a gun for personal protection, to surrender any guns he may have owned or face criminal prosecution.

"No fair-minded person can tolerate gun control laws being applied this way," said SAF Executive Vice President Alan Gottlieb. "Mr. Schrader's case is a great example of why gun owners cannot trust government bureaucrats to enforce gun laws."

Naturally Produced Hormones Could Help Diabetics

Naturally produced hormones could help diabeticsA recent study at the University of Texas-Southwestern Medical Center has discovered that leptin, a hormone naturally produced by fat cells, can aid the body in weight regulation. Researchers therefore evaluated how safe and tolerable it is to incorporate into a diabetes treatment.

The scientists at UT-Southwestern used mice that were diagnosed with having type 1 diabetes. Each of the subjects was administered leptin. As a result, the mice had healthier blood-sugar levels and converted more simple sugars into fatty acids.

By adding leptin into the subjects' treatment, it actually lowered their blood glucose levels.

The researchers noted that leptin could have benefits for diabetics who need to lose weight, as this hormone decreases an individuals' appetite. Dr. Roger Unger, one of the investigators, said that with this factor, the scientists hope that leptin could reduce the "blood levels of cholesterol, which increase the risk of coronary heart disease, one of the long-term complications of diabetes.

This method is set to be tested on human participants to discover if this hormone works the same way in diabetics as it does in rodents. Unger added that naturally produced leptin may "improve both short- and long-term quality of life for patients with type 1 diabetes" in the future.

The Revolution Begins

Revolutions have historically begun by small sparks that smolder for a while before becoming raging infernos that ultimately envelop and overwhelm statist government. That spark may have been struck this week in Memphis, Tenn.

ExpressJet Airlines pilot Michael Roberts refused a full-body scan at a Transportation Security Administration check point at Memphis International Airport. He also refused “an enhanced pat down” from a TSA employee and was sent home.

He told The Commercial Appeal he wants to go to work and not be “harassed and molested without cause.” He also called TSA a “make-work” program that doesn’t make travel safer.

“Pat down is misleading,” Roberts told CNN. “They concentrate on the area between… the upper thighs and torso, and they’re not just patting people’s arms and legs, they’re grabbing and groping and prodding pretty aggressively.

“I was trying to avoid this assault on my person, and I’m not willing to have images of my nude body produced for some stranger in another room to look at either.”

The TSA said in a statement that “security is not optional” and any person who refuses security screening is not allowed to fly.

Roberts has put his career on the line to stand up to the Orwellian government. He’s drawn a line in the sand against state sponsored assault in the form of needless radiation scans and worthless groping.

Contrary to TSA promises, backscatter radiation machines can and do store nude images of passengers — adults and children alike. And the radiation is harmful, despite propaganda to the contrary. Recent reports indicate the scans increase the chances of skin cancer on everyone and are especially harmful to pregnant women and young children.

If pilots and flight attendants refuse to submit to this needless assault and passengers find other ways to travel and avoid airlines all together, the airline industry will scream and government would eventually have to stop its blatant disregard of 4th Amendment rights. A revolt that takes money out of the pockets of fascist in business and government would be quickly understood.

In America, simply traveling by airline makes you guilty of plotting some sort of unlawful act until you submit to government and prove your innocence. If this doesn’t turn the very Founding principles of our country on their heads, nothing does. Unlawful searches and seizures was one of the grievances the colonists had with the British government. It should be one of our grievances as well.

Mayor Bloomberg Suggests Link Between Gun Control Laws And Illegal Trafficking

Mayor Bloomberg suggests link between gun control laws and illegal traffickingA report spearheaded by New York Mayor Michael Bloomberg claims that states that have more lenient gun laws are the largest contributors to illegal firearms throughout the nation.

Bloomberg, in a commentary he wrote for, indicated that 10 states with lax gun control laws supplied a high number of weapons that were used in crimes — more than twice the national average. This information was included in Trace the Guns: The Link Between Gun Laws and Interstate Gun Trafficking, a report issued by a coalition of more than 500 mayors in the United States.

"The stakes are high: 12,000 people a year are murdered with guns in the U.S. If one state ignores a gap in its laws, other states have to deal with the deadly consequences," Bloomberg wrote.

The mayor believes that more work should be done by policymakers to tighten gun control laws, including the gun show loophole that allows individuals with a criminal record to avoid background checks when purchasing firearms from a private seller.

According to, Kim Stolfer, chairman of the gun-rights organization Firearm Owners Against Crime, believes that gun laws do not need to be more strict, but rather enforced and prosecuted better.

"It's simple: Prosecute the criminals for violating the firearms laws we have now," Stolfer said, according to the news provider. "If you don't do it, you're part of the problem and not the solution."

Unlike Their American Counterparts, UK Leaders Lay Out Austerity Plan

Unlike their American counterparts, UK leaders lay out austerity planBoth nations are plagued by record-high deficits and government debt, but the United Kingdom seems to be embarking on a road to fiscal health, following the announcement of new austerity measure. 

British Chancellor of the Exchequer George Osborne — the equivalent of the American Treasury Secretary — has announced that in order to close the budget gap of of 109 billion pounds ($172 billion) over the next four years, the government will implement 81 billion pounds ($128 billion) in spending cuts as well as some tax increases, according to The Associated Press.

Moreover, Britain's generous welfare system will see cuts of about 18 billion pounds ($28.5 billion) and the pension age will be raised to 66 by 2020. Even the Queen's household will be affected, as expenditures on her staff will fall by 14 percent.

Osborne, who serves under conservative Prime Minister David Cameron, said that "it is a hard road, but it leads to a better future." However, he added that to cushion the impact of the austerity measures the government will direct most of the tax hikes and welfare cuts, such as those for child benefit payments, toward richer families.

During the 2008 financial crisis, the UK bailed out its banks to the tune of 6 billion pounds ($9 billion). The United States — where some commentators point out that even Republicans are loath to discuss details of the government spending cuts they say they champion — spent more than $700 billion on The Troubled Asset Relief Program (TARP). 

Suppressed All-Natural Aid For Cancer Revealed

The Food and Drug Administration (FDA) is considering revoking the world’s best-selling anti-cancer drug… because evidence suggests the bad outweighs the good.

The review — happening now — questions whether the high-priced cancer drug offers any real benefits at all. It further poses the question: Why was it approved in the first place? Only one study showed even minimal benefits at that time.

In sharp contrast, an ancient Native American herbal tea has been shown to have incredible cancer-fighting benefits… and has almost 100 years of medical research to back it up. But chances are you’ve never even heard about it. That’s because Canadian authorities did everything they could to suppress the all-natural formula… going so far as to threaten the “inventor” with imprisonment and virtually banning the herbal tea.

Anti-Cancer Drug In Doubt
The drug in doubt is Avastin. Avastin enjoys about $5.8 billion in global sales each year and is the number one anti-cancer drug. The drug costs about $8,000 each month and treats several forms of cancer.

The FDA approved Avastin two years ago as a treatment for breast cancer. It’s since been prescribed to about 1,700 women with breast cancer. Sales generated from breast cancer alone equal about $855 million in the U.S. each year. Now, a scientific committee is advising that Avastin — as a treatment for breast cancer — be removed from the market.

However there were plenty of doubts about whether it would be effective even when it was first approved. In fact, just one study showed any benefits. Those findings suggested that the drug delayed the growth of an advanced breast tumor by about five months. The same study showed no evidence that patients lived longer or enjoyed any improvement in quality of life.

On that basis, the FDA pushed Avastin through under a special program to get new treatments out as quickly as possible. As part of the deal, the drug makers would conduct follow-up studies supporting the drug’s effectiveness.

The committee has now reviewed two of those new studies… and both show that the drug fails to extend life. Worse, the results indicate the drug only slows tumor growth for less than a month.

Wyndham Wilson of the National Cancer Institute chaired the committee. "The drug is not doing very much,” he says.  “What it is doing is more than offset by the negatives."

Those negatives include blood clots, bleeding and heart failure.

After reviewing the facts, the committee has recommended that the FDA pull the plug on Avastin.

While the FDA is quick to approve risky drugs with little evidence to back them up, it’s refused to recognize the benefits of a simple herbal tea that’s been used by Native Americans for centuries… and has almost a century of documented research to support it.

An Ancient Solution
In 1922, Canadian nurse Rene Caisse noticed scarring on the breast of an elderly woman she was attending. When she asked her about it, the woman told her that it was because of the breast cancer she’d been diagnosed with 30 years earlier.

She’d been told she needed breast cancer surgery but she simply couldn’t afford it. She met an old Native American medicine man. And he told her he could aid her cancer with herbal tea. She tried the tea and her cancer went into remission for more than 30 years.

One year later, she was chatting with a retired doctor friend of hers. He happened to mention that if people used the herb sheep sorrel, there’d be a lot less cancer in the world.

But it was six months later before she had chance to test out the theory. Her aunt was diagnosed with stomach cancer and given just six months to live. Nurse Caisse started treating her aunt with the tea. Her aunt went on to live another 21 years, cancer free.

Seeing the results first-hand, she began running herbal combinations on mice and human cancer patients. After much experimentation, she refined her formula to just four herbs: burdock root, Indian rhubarb, sheep sorrel and slippery elm. And she called her formula Essiac.

Promise Backed By Proof
Nurse Caisse opened a cancer clinic and — under the observation of several doctors — she tested her formulas by injecting patients with individual herbs to see which proved most effective.

She went on to treat thousands of patients. All of her treatments were free and the results were so good that 55,000 people signed a petition in 1938. The petition requested the Ontario legislation recognize Essiac.

The bill failed to pass by just three votes. Within a week of filing the petition a new "Cancer Commission" was introduced. This commission had the power to control and suppress all future cancer treatments.

The Commission suppressed her research. They threatened to imprison her and forced her to close down her Bracebridge Cancer Clinic in the summer of 1938.

She closed her clinic and partnered with Dr. Charles Brusch. They treated patients with the same four-herb tea. Brusch eventually used Essiac in his own fight against cancer.

Two recent studies have shown that Essiac does indeed combat cancer effectively.
The first study, in 2004, showed that Essiac inhibits tumor cell growth — and enhances immune response. The second study, in 2006, further backed this up. It revealed that Essiac increases cytotoxicity towards prostate cancer cells and has huge antioxidant properties.

Formula Fights Cancer
Nurse Caisse’s formula used four herbs to fight cancer. These included:

Burdock Root: Hungarian researchers showed that Burdock Root had anti-tumor activity due to inulin. The researchers found that it attached to white blood cells and enhanced immune function. They showed it also contains benzaldehyde which has significant anti-cancer effects in humans.

Sheep Sorrel: This was used in cancer treatment as early as the 1740s. It contains chlorophyll, which carries oxygen to cells.

Slippery Elm: Studies have shown this herb offers anti-tumor activity and is an anti-inflammatory agent.

Indian Rhubarb Root: Rich in iron, this herb purges the liver and body of waste. It contains aloe emodin which studies show inhibit tumors.

To Your Best Health,
Ian Robinson
Managing Editor, Natural Health Dossier

P.S. I’ve just recorded a special presentation for Natural Health Dossier Members. In the video, I talk about 11 of the world’s best cures. Our investigative team of doctors and medical researchers has scoured the world to find these and they represent what we believe are the absolute most effective solutions for crippling diseases. Please watch this video now. The information can literally turn your life around… or even save it.

Girl Talk

Pity poor Maureen Dowd. How awful her life must be, carrying the psychic scars of indignities suffered during adolescence so far into her twilight years. Try to forgive her embittered rant against the girls who gave her a hard time in high school.

Appearing in Sunday’s issue of The New York Times, Ms. Dowd offered us heathens “Playing All the Angles;” a housecat-swipe of her claws at her teenage tormentors. Well, their proxies, at least — Mo never knew girls like Sarah Palin, Sharron Angle or Christine O’Donnell in high school. They didn’t live in the urbane confines of Washington D.C.’s well-heeled neighborhoods, and they surely didn’t score silver-platter jobs in the journalism field straight out of Rich Girl University. 

Dowd actually has talent as a writer, albeit drastically misdirected. Her tendency toward extreme bombast is far less noticeable than it might be were it not for the colossal talent-shadows cast by vastly more appealing thinkers like Charles Krauthammer (smarter), P.J. O’Rourke (funnier — on purpose), and Christopher Hitchens (more interesting — with better hair).

Her plagiarism and deliberate mischaracterizations are oft-noticed, but Dowd is a woman, so she demands — and gets a free pass. Let me amend that. Dowd is a liberal woman, so she gets a free pass.

She certainly doesn’t offer them. 

Just days after the California chapter of NOW stood up to be counted with Jerry Brown in calling Meg Whitman “a whore,” Dowd reserved her bile for Whitman, not Brown — nor NOW. 

Her screed focused primarily on Sharron Angle, the fund-raising machine who has hapless milquetoast Harry Reid cowering in the corner like a flyweight who’s just been told he’s sparring with one of the heavyweight boxing champion Klitschko brothers. But despite the fact that Dowd was evidently inspired by an Angle event, she made room for catty claws at other conservative women who are laying the proverbial smackdown on her liberal allies. Of course, she called Angle a racist, which was ludicrous, especially considering that Dowd is whiter than the putty-faced Park Avenue trust fund dowagers who still take her seriously.

As an earnest wingnut, Dowd takes the obligatory potshots at other nationally-reviled Women of the Right. To be fair, in the age of MSNBC‘s all-hate-all-the-time programming, old war horses like Dowd have to use as wide a choke as possible in their satirical shotgun. 

Welcome to America’s post-post-feminist era. Sorry, “strong women,” the girls of the Vast Right Wing Conspiracy were locked out in 1999. 

Whatever happened to celebrating girl power, anyway? When then-First Lady Hillary Clinton decided to use her husband’s capital to put her trial lawyer pals in charge of the nation’s doctors, liberals like Dowd accused her critics of everything short of ersatz Salem Witch Trials. Now, strong women scare Dowd the same way a week at a nudist colony with Nancy Pelosi would scare…everyone. (I would need to iron everything I own the moment I got home.) 

Reading Mo’s Sunday simper was a glimpse inside the tortured psyche of American journalism’s most famous cocktail party conversationalist. She identifies eight Republican women by name, and then tears into them like she was the president of the science club and they were the cheerleading squad. 

“We are in the era of Republican Mean Girls, grown-up versions of those teenage tormentors who would steal your boyfriend, spray-paint your locker and, just for good measure, spread rumors that you were pregnant.”

But Dowd is an analytical commentator, not a jealous harpy, right? The only thing that was missing from her literary shriek was a pair of boxes at the bottom of the text marked:

“Check Y or N?  Do u h8 mean gurlz az much az me?”

Dowd compares her subjects to the “mean girls” who tortured her in high school; and then verbally shreds Angle’s hair, wardrobe, respect for the 2nd Amendment and even her… vehicle?:

“With casino red suit and lipstick… Angle… campaigns at times with a .44 Magnum revolver in her 1989 GMC pickup.” 

An ’89?  Horrors.  At least Dowd isn’t a “mean girl.”

The strong women on “The View” were so upset when Bill O’Reilly pointed out the religious identity of the 9/11 hijackers that they stormed off in stereotypically estrogen-soaked outrage. California’s NOW babes called Meg Whitman a “whore.” Rachel Maddow falsely implicated Steve Stockman in the Oklahoma City bombing. Nancy Pelosi wanted Federal investigations into opponents of the Ground Zero Mosque. And now we have Ms. Mo, howling like the runner-up to the homecoming queen about the high school-ish tendencies of conservative women.

Girls, girls, girls — save it 4 Facebook.

Finding And Making A Shelter

In a survival situation a proper shelter can make all the difference in whether you survive or perish.

Of course, it’s always great if you have a tent in your emergency gear. But that is not always the case. So here’s a quick primer on what you need to do to prepare a shelter, according to Emergency Essentials’ Tips For Preparedness.

First, consider your terrain. If you are in rocky terrain and it’s practical, look for a small cave or for a recess under ledges. In forest settings, find an area under the branches or roots of large fallen trees, or consider thickets and the area at the base and under the branches of a large, standing tree (except during an electrical storm).

A lean-to of branches and boughs will give significant protection from wind and wet weather. Take into consideration the direction of the wind when situating your lean-to. Remember that wind generally blows down canyons in the evening and up the canyon in the morning. Also, more wind blows at the top of the ridge or at the bottom of the canyon than somewhere in between. Always consider the possibility of flash floods and avoid making your shelter in gullies or low places.

If you’re in an area with heavy snow, a snow cave makes an excellent shelter. Be mindful of the possibility of avalanches when selecting a location for your snow cave.

Chamber Of Commerce Offers Communication Line Between Voters And Candidates

Chamber of Commerce offers communication line between voters and candidatesThe United States Chamber of Commerce is encouraging voters to ask political candidates about their stance on free enterprise policies.

The Chamber recently announced the creation of a Web-based widget that gives individuals a voice before November's midterm elections. The widget allows users to send questions to candidates regarding job creation, government spending and tax increases. Politicians will then have the option of directly responding to the voter through email.

The Chamber has created several other initiatives as part of The Campaign for Free Enterprise, including mobile text, online advertisement and youth engagement programs.

According to The Wall Street Journal, the Chamber is on track to spend $75 million this year to support "business-sympathetic" candidates, mostly Republicans. Early in the election season, Bill Miller, the organization's national political director, identified about a dozen Senate races and 40 House contests that the Chamber would spend "real money" on to help shift power in Congress.

"The businesses and individuals who have been successful in this country and have benefited from the free enterprise system feel like they're under threat," Miller told the news source. "Our goal is to change the numbers so that when we make arguments to lawmakers about the issues important to free enterprise, people will listen to us."

Arizona Judge Rules Parts Of Lawsuit Against SB 1070 Can Proceed

Arizona judge rules parts of lawsuit against SB 1070 can proceedThe next chapter in the Arizona anti-immigration law saga was opened earlier this week, when U.S. District Judge Susan Bolton ruled against the motion to dismiss a lawsuit against SB 1070. The law, signed by Republican Governor Jan Brewer in April, would enable law enforcement officers to detain and demand identification from anyone they suspect of being in the United States illegally.

The lawsuit was filed by several groups, including the American Civil Liberties Union. It claims the law may violate the Fourth and the 14th Amendments of the U.S. Constitution because it "contains no meaningful procedural safeguards against erroneous deprivations of liberty, and immigration status is not something that is easily ascertainable," according to Courthouse News.

The ruling can be seen as a setback for Brewer, who is running on a platform of tough enforcement of immigration laws. Earlier this year, she criticized the Obama administration's legal challenge to SB 1070, which resulted in a temporary injunction, telling Fox News that "we are not going to back away from this issue. We are going to pursue it, we're going to be very aggressive."

However, supporters of the law did score a minor victory, as Bolton threw out some of the plaintiffs' claims. Those included allegations of First Amendment infringements and purported violations of a right to travel, Courthouse News further reported. 

Light Could Affect An Individuals’ Weight

Light could effect an individuals' weightOne reason that people may gain weight could be due to how much light they are exposed to, according to new research published in the Proceedings of the National Academy of Sciences.

Scientists housed mice in three different conditions for the study. One group was subjected to light 24 hours a day while another group was exposed to a light for 16 hours and then dark for the remainder of the day, which is a standard cycle. The rest of the mice lived in 16 hours of daylight and 8 hours of dim light.

The amount of food the subjects ate as well as physical activity were measured throughout the day. At first, food was not restricted but was later limited in a second study. At the end of each week, the scientists calculated the body mass of the mice.

In conclusion, the subjects who were exposed to light at night gained the most body mass, compared to those who lived under the standard conditions. The researchers also discovered that the mice who gained the most weight also had impaired glucose tolerances which are signs of pre-diabetes.

Overall, the scientists noted that the timing of eating contributes to weight gain as well as the extent of light exposure throughout the evening hours. Experts suggest to maintain a healthy diet, individuals should remain physically active and keep track of their caloric intake.

‘ForeclosureGate’ Heats Up Across The Country

'ForeclosureGate' heats up across the countryMajor mortgage lenders are under scrutiny from state authorities across the nation over alleged improprieties relating to their foreclosure review processes. 

Over the last several weeks, reports surfaced of several mortgage companies' employees who swore in depositions that they signed thousands of foreclosure documents without having read them. In this, they broke state laws and potentially deprived some owners of a chance to save their homes, which, for many, are their main asset and source of wealth.

The banks in question include Chase, Wells Fargo, GMAC and Bank of America, and law enforcement agencies from all states and the District of Columbia claim that these institutions rushed through the foreclosure process and failed to file proper paperwork. Legal experts cited by The Associated Press believe the banks will eventually be compelled to accept an independent monitor to ensure their compliance with foreclosure laws. They may also be subject to penalties and be forced to settle with some of the affected homeowners.

Lisa Madigan, Illinois Attorney General, wrote on The Huffington Post that the foreclosure system as practiced by these banks is "a Kafkaesque process that millions across America navigate as they turn to their lenders in hopes of a lifeline but instead are thrown an anchor."

According to, the number of foreclosures in September was 1.1 percent higher than a year ago. It also increased by more than 2.5 percent since August. 

Federal Judge Issues Worldwide Injunction On Military Gay Ban

Federal judge issues worldwide injunction on military gay banA California Federal judge followed up on her verdict last month, which stated that the military's "don't ask, don't tell" (DADT) policy is unconstitutional, by issuing an injunction on Oct. 12 to prevent the government from continuing to enforce it.

U.S. District Judge Virginia Phillips' ruling — which cited free speech and due process violations under DADT — immediately suspends the 17-year ban on openly gay individuals serving in the military. It also compels the government to scrap all discharge proceedings and investigations that are currently under way.

The decision has been praised by gay rights activists and many lawmakers, mainly on the Democratic side. Representative Chaka Fattah (D-Penn.) issued a statement in which he called the worldwide injunction "long overdue," and added that Oct. 12 was "a good day for all Americans."

However, Family Research Council President Tony Perkins disagreed with the judge's stance and accused her of "playing politics" with national security.

"Once again, an activist Federal judge is using the military to advance a liberal social agenda, disregarding the views of all four military service chiefs and the constitutional role of Congress," Perkins stated.

The ruling comes some two months before the Pentagon is scheduled to release the report commissioned by the White House on the potential impact of a DADT repeal. 

The Black Monday Crash

It was 23 years ago this week when the stock market suffered its biggest one-day loss in history. On "Black Monday" — Oct. 19, 1987 — the market plunged 508 points, or 22.6 percent, on a then-record 604 million shares. The point loss has since been exceeded, but not the percentage.

The crash began in Asia, with the Singapore market falling 33 percent. That was followed by a 17 percent drop in Tokyo and an 11 percent decline in Hong Kong. When the markets opened in Europe, London fell 22 percent, Zurich lost 14 percent and Frankfurt fell 13 percent.

When the New York Stock Exchange opened, the Dow Jones Industrial Average fell 104 points in the first hour. By mid-day the losses had leveled off around 200 points. But after 2 p.m. the Dow lost 100 points every 30 minutes, finishing the day down 508 points.

It turned out that October, 1987 did not mark the start of a bear market, but the end of one. The Dow actually rose 2 percent for the year. Within two more years it was setting new highs. We don’t know if that will turn out to be true of this period, of course. But a lot of very smart and very successful investors, from John Templeton to Warren Buffet, say that the best time to buy is during "a period of maximum pessimism." Does that sound close to where we are today?

— Chip Wood

Breast Cancer Patients Could Benefit From Natural Supplements

Breast cancer patients could benefit from natural supplementsMore than 190,000 women will be diagnosed with breast cancer in a given year, according to the Centers for Disease Control and Prevention. Along with their regular treatment, these patients may benefit from taking nutritional supplements as scientists at Indiana University and Methodist Research Institute recently discovered a natural formula could help these women.

Doctor Daniel Sliva, the lead investigator, said that "the formula we studied inhibits growth of highly metastatic human breast cancer cells, and suppresses metastatic potential of these cells."

The natural formula that was created combines phytonutrients, antioxidants and botanically enhanced medicinal mushrooms. The scientists were able to identify specific genes that allow the growth of breast cancer cells and studied the affect that these nutritional supplements could have on patients who have been diagnosed with breast cancer.

In their findings, the researchers concluded that this natural formula can halt the cancer metastasis process. This process includes cell migration, cell invasion and cell adhesion, which all contribute to breast cancer progression.

The scientists also noted that the supplement did not have any side effects. Although further research is needed, doctors are hopeful that this may be an encouraging discovery for breast cancer patients.

Supreme Court Hears Case That May Impact The Future Of Big Pharma

Supreme Court hears case that may impact the future of big pharmaAn important case is being heard before the Supreme Court that could determine big pharmaceutical companies' liability for unintended effects of their vaccines, and perhaps even drive them from the market. 

The suit was brought by parents of an 18-year-old Pittsburgh girl who they claim suffered seizures from a vaccine produced by Wyeth, now owned by Pfizer, which she received as a child, according to The Associated Press.

However, the plaintiffs' case is opposed by many public health organizations — which fear it may stem medical research — as well as the Obama administration. They argue that by establishing the Office of Special Masters of the U.S. Court of Federal Claims, also known as vaccine court, in 1986, Congress has effectively protected pharmaceutical companies from similar lawsuits.

A lower court in Philadelphia already ruled in favor of Wyeth, but many of the Supreme Court justices are said to be sympathetic to the parents' claims. The final appeal takes place amid allegations — which have not yet been scientifically proven — that some vaccines may cause autism in susceptible children. 

Golden Words: “The Democrats Must Go!”

Heading towards next month’s election, gold has given the Democrats a clear vote of no confidence. Despite the excitement and even euphoria that Obamamania created two years ago; the Midas metal — which abides no politics and holds no favorite — is showing two thumbs down on re-electing a Democrat majority.

The day before President Barack Obama won the election — on Nov. 3, 2008 — gold was trading at $729 per ounce. Today gold is trading around $1,350 per ounce. That is a whopping 85 percent gain in less than 24 months.

Only one other President has done so much to help gold and to hurt the nation. Jimmy Carter was elected on Nov. 2, 1976. On that day gold traded at $122.50 per ounce. Twenty-three months later bullion was at $215 per ounce. That was a 75 percent increase in the Midas metal; less than what Obama has accomplished. Who says President Obama isn’t good at anything?

The Dems Have Sent Gold Soaring

History Says Bullion Will Continue To Boil
If you think that the Obama Gold Bull is becoming a bubble consider this: The Carter Great Gold Bull just kept on going. By the time it hit its all-time high in 1980, bullion was trading for $850 per ounce. That was four times higher than what gold was after Carter’s first two years in office. Even if Obama holds on for just one term and gold follows a path similar to the Carter Presidency, bullion could top $5,000 per ounce.

But Obama’s influence can be felt well beyond the gold market. The Christmas before Obama was sworn in crude oil was selling for less than $38 per barrel. Since then oil prices have more than doubled to $82 per barrel.

While commodity prices keep rising the dollar keeps on falling. Since summer the U.S. dollar index (a measurement of the strength of the dollar against a basket of other key currencies) has fallen off a cliff — dropping from an index reading of 89 to just 77.

Regardless of what economic propaganda Washington spews, we all know that the basic cost of living is higher now than it was two years ago. Gasoline costs more, bread costs more; even a cup of coffee costs more. And oh yes, there are fewer jobs.

There are 14 million unemployed and underemployed workers, or 17.7 percent of America’s total population. Each month millions of middle class Americans see their dollars buying them less while millions more keep searching for work. It is a building catastrophe and is leading towards economic stagflation.

Stagflation is the worst of both worlds. It is a stagnant economy and currency inflation at the same time. It is going to only get worse. Consider that the economy only grew 1.7 percent in the second quarter of this year, not enough growth to improve the economy.

Economists argue that we need 2.5 percent annual growth in the gross domestic product to prevent our already high unemployment rate from rising. That means we need to add more than 100,000 jobs per month to keep our unemployment rate from rising. Yet we created only 64,000 private sector jobs in September.

Meanwhile, unemployment has been at 9.5 percent or higher for the past 14 months. That is already a month longer than our last severe recession in 1982-1983, and no turnaround is in sight.

Last week Chicago Now said that President Obama’s stimulus package is deeply flawed: “It continues to increase our government debt at record levels. The bailout of our financial institutions has helped the banks, yet they are hesitant to loan money to consumers and businesses, which has compounded the chance of a smooth economic recovery. The banks are using our tax money while hoarding cash and our federal government has not instructed them to make loans.”

Hurricane Barack
If the election doesn’t change business as usual by the President and Congress, the result will be even greater deficit spending; something that will trigger a dollar catastrophe.

According to a story in last week, 2010 bank reserves are incredibly high — above $1 trillion. That is more than 23 times the $44.6 billion in bank reserves that were held at the end of August, 2008.

All this money could turn into an inflationary tsunami in quick order because the Federal Reserve could use these bank reserves to buy more Treasury securities which will allow the Obama administration to continue to create debts that are beyond the nation’s capacity to repay.

The price of gold is already flashing this sign but there hasn’t been wholesale liquidation of greenbacks… at least not yet.

What you need to know is that it could happen even if the Republican Party pries away seats from the Democrats next month. After all, the instrument of all this destruction will still be sitting in the White House for at least another two more years.

According to, “With the Federal Reserve and Treasury/President/Congress doing these things, historic monetary instability is the prompt, unsurprising result. The dollar’s value is dropping to all-time lows as proved by the gold price rocketing past $1,350/oz, up 386 percent since achieving equilibrium value of $350/oz in 2003. This means the Fed has devalued the dollar about 75 percent in the past seven years, an average annual monetary inflation rate of 10.7 percent.”

The Rule of 72 tells us that if this inflation rate stays true, that dollar in your pocket will be worth 50 cents in just over six years (hopefully not, but possibly when Obama exits the White House for good).

Even if Obama is defeated in two years he has plenty of time to wreak havoc on the economy and the dollar. Again, let’s consider Carter.

After the Democrats lost seats in the 1978 midterms Carter stuck to his liberal guns. The nation was just falling into the grips of sky-high inflation, rising interest rates and surging unemployment. But over the next two years the economic crisis got much worse. It was very bad for the nation but high times for gold.

I see the same situation today. Whether or not gold will reach $5,000 per ounce I don’t know. I tend to think not because there is also a chance for a stunning deflation if America’s creditors like China get tired of the Federal government’s runaway spending. Still, gold is very strong and it has legs to move much higher in short order.

Action To Take
We only have one vote. But we can protect ourselves and our families from the stupidity that is rampant in Washington. I urge you to sell all bond instruments and use the funds to buy bullion, either in physical form or blue-chip gold mining stocks.

Yours for real wealth and good health,

John Myers
Myers’ Energy and Gold Report

Poll: Support For Gay Rights On The Rise In America

Poll: Support for gay rights on the rise in AmericaAt a crucial moment in the history of same-sex civil rights in America — when issues such as gay marriage and military service of openly gay people are being debated in Congress and fought over in courts — it appears that the tide of public opinion on the issue may be shifting. 

A poll conducted by Pew Research Center has shown that the percentage of Americans who support the right for homosexual couples to be able to marry is increasing, though it is still smaller than the percentage of those who oppose it.

Specifically, a total of 42 percent favor same-sex marriage while 48 percent are against it. However, in 2009 the ratio was 37 to 54 percent, respectively.

Moreover, "the shift in opinion on same-sex marriage has been broad-based, occurring across many demographic, political and religious groups," the commentary accompanying the survey, which was published on the center's website, specified.

The results come on the heels of a controversy surrounding statements made at a meeting of leaders of The Church of Jesus Christ of Latter-day Saints (LDS), or Mormons, earlier this month.

According to media reports, LDS Church apostle Boyd K. Packer said that legalizing gay marriage would sanction immorality. He also suggested that same-sex orientation can be changed through the power of faith.