You Are Here: Home » Posts tagged "FEDERAL"

NO CAKE: Happy 100th Birthday U.S. Federal Income Tax

On February 3rd, 1913, one of the two most historic events in US history took place: the ratification of the 16th amendment, which established Congress' right to impose a Federal income tax on Americans, and overturned Article I, Section 9 of the US Constitution which explicitly prohibited a general income tax. The amendment was brief and to the point, and read as follows: "The Congress shall have power to ...

Read more

LOAD UP: Tennessee Introducing Major Gun Protection – NO Restrictions on Guns, Any Federal Law NULL AND VOID!

Sen. Beavers and Rep. Butt Introduce Strong New Legislation to Stop Gun Control Sen. Mae Beavers and Rep. Sheila Butt introduced a bill Tuesday to amend the Tennessee Firearms Freedom Act of 2009 so that it adds bold new protections for Tennessee firearms owners.  The original Firearms Freedom Act exempted from federal law and authority firearms that were manufactured, sold, and retained in Tennessee. 
 Goi ...

Read more

PEACE PIPE: Washington Governor Encouraged After Marijuana Legalization Meeting with Feds

It appears that the US Department of Justice may indeed let Washington state proceed with marijuana legalization. 
 Washington Governor Jay Inslee met with US Attorney General Eric Holder this week to discuss marijuana legalization in the state. Inslee said the meeting was "very satisfying" and that he was "encouraged" that the Feds will respect the will of Washington voters. This past Election Day Washingt ...

Read more

ABOVE THE LAW: Assistant Attorney General Admits On TV That In The US Justice Does Not Apply To The Banks

Those who watched Frontline's special on why nobody has been prosecuted on Wall Street titled appropriately "The Untouchables" didn't learn much new. The rehash of ideas presented is what has been well known for years - namely that when it comes to prosecuting Wall Street criminals nothing will ever happen, because as Bill Gross tweeted " Its not Republican in politics. Its not Dem in politics. Its money in ...

Read more

CUTTING BAIT: Federal Employees Uncertain Future With Obama

America’s civilian employees of more than 2 million face “an uncertain future” as discussions during the next two months on raising the nation’s borrowing limit, deficit reduction and the budget could have a direct effect on their pocketbooks and workplaces, The Washington Post warned in a report published on Tuesday. 
 Unpaid furloughs are a real possibility, and the potential for layoffs has workers worri ...

Read more

House GOP release bill to reverse Obama’s pay raise for federal employees

House Republicans proposed a bill today that would cut the pay of Vice President Joe Biden and other federal officials, noting that the executive order that President Obama signed to raise their pay costs $11 billion in new spending. 
 “The President has once again demonstrated his penchant for unrestrained spending by giving federal employees an across the board pay hike and sticking the rest of us with th ...

Read more

SECOND AMENDMENT VICTORY: Wyoming Gun Law – Jail Terms for Feds

Wyoming has passed a bill in 2010 and is seeking to pass a stricter law against any federal agents enforcing federal gun laws Wyoming lawmakers have proposed a new bill that, if passed, would nullify any federal restrictions on guns, threatening to jail federal agents attempting to confiscate guns, ammunition magazines or ammunition. 
 The bill – HB0104 – states that “any federal law which attempts to ban a ...

Read more

Federal Reserve May Pause Quantitative Easing?

An obscure report that the Federal Reserve may suspend the monetization of purchasing Treasury Bonds has the smell of disinformation. The perennial efforts to lift economic spirits with the beginning of a New Year often are packed with wishful thinking. Quantitative Easing is being treated as a useful tool for turning on and off the spigot of liquidity infusion. In reality, the results of the massive origin ...

Read more

US Ends Google Probe With Mild Wrist Slap

In a major victory for Google Inc, U.S. regulators on Thursday ended their investigation into the giant Internet company and concluded that it had not manipulated its Web search results to hurt rivals. The Federal Trade Commission did, however, win promises from Google that it would end the practice of "scraping" reviews and other data from rivals' websites for its own products, and to allow advertisers to ...

Read more

How The Feds Let Industry Pollute Our Groundwater

  Federal officials have given energy and mining companies permission to pollute aquifers in more than 1,500 places across the country, releasing toxic material into underground reservoirs that help supply more than half of the nation's drinking water. In many cases, the Environmental Protection Agency has granted these so-called aquifer exemptions in Western states now stricken by drought and increasi ...

Read more

Feds Call for ‘Black Boxes’ in All New Cars

  Devices that record crash-related data would be required in all new cars and light trucks under a U.S. Department of Transportation proposal made on Friday to broaden their growing use in the United States. The proposed rule, which may stir consumer privacy concerns, would require automakers to put "event data recorders" in light passenger vehicles weighing less than 8,500 pounds, effective Sept. 1, ...

Read more

Are The Feds Preparing For Civil War?

Is the government preparing to put down widespread civil strife or uprising? After four years of economic woe, and an all-time low approval rating for congress, many Americans are asking this question. With a government that's seemingly out of control, conspiracy theories are popping up about what's "really" going on - and there's more truth to these theories than you might think. Get the facts before it's ...

Read more

© 2012 Secrets of the Fed