-May 13, 2013-
3:00 -- BREAKING NEWS: A Philadelphia jury convicts abortionist Kermit Gosnell on three counts of First Dgree Murder. Plus, the latest on the Asheville water lawsuit.
4:00 -- The Mayor of Asheville says she never got a written $57 million proposal from the Metropolitan Sewerage District. Except she actually did.
5:00 -- The IRS is trouble for targeting Tea Party groups starting back in 2010.
-May 14, 2013-
3:00 -- Buncombe County Commissioners really, really, really care about what you think about their proposal to give $18 million to an un-named business. But they say we'll be happy!
4:00 -- WLOS has a story on how the Buncombe County School district has a history of not getting the required permits for work.
5:00 -- More on the WLOS story. Plus, Scott Hamilton, President & CEO of AdvantageWest, joins us to talk about a bill in the NC Senate that would strip the organization of $1 million in state funding.
-May 15, 2013-
3:00 -- Dr. Terry Stoops joins us to talk about a Henderson County classroom exam that used a partisan editorial to teach English to 4th graders. Plus, dissention at AB Tech over the new building.
4:00 -- Jake Frankel from Mountain Xpress drop by to chat about the latest edition on news stands today.
5:00 -- Jane Bilello, Chairman of the Asheville Tea Party, joins us to talk about how her group may have been targeted by the IRS in a national campaign of intimidation.
-May 16, 2013-
3:00 -- Scandalamnia! IRS, Benghazi, and the AP phone records - has President Obama stopped the political bleeding?
4:00 -- More Scandalmania.
4:30 -- NC State Treasurer Janet Cowell drops by the studio to chat about unclaimed property you might have, plus will the City of Asheville see a downgrade of its bond rating if the water system gets merged into MSD?
5:00 -- Scandalmania! Plus trivia.
-May 17, 2013-
3:00 -- As Pete predicted it took a year for John Edwards to kick off his "comeback" tour. Plus, Jeff Greiner, Gerald Kummerlow and Simone Seitz join us to about an upcoming Zipline event to raise money for a local autism agency. Details are here.
4:00 -- Protesters rally for education. Pete suggests stop crying about funding until schools quit wasting money, like the "sweet" deal given to outgoing Asheville City Schools Superintendent Allen Johnson. Then, more on the Buncombe Co. Schools permit scandal.
5:00 -- More on the permits story. Plus, Susan Myrick from Civitas joins us to talk about the latest in a series of investigative reports looking at the incestuous relationship between the Board of Elections and the leftwing group Democracy NC.
When all you have is a hammer, everything looks like a nail.
Ben Bernanke, Chairman of the Federal Reserve (which is neither federal nor a reserve), last week announced another round of dollar printing - called Quantitative Easing #3 (or QE3). Crazy "sound money" proponents also call it "monetizing the debt."
The Fed says it expects to "buy" $40 billion worth of mortgage-backed securities bonds every month until... well... until whenever the hell it feels like the economy is fixed and the unemployment rate is low enough. Don't worry, Bernanke will let you know when enough is enough.
Is there any idea how much this could cost us- err... I mean... cost our grandchildren?
Forecasts from 52 economists for the ultimate size of the program ranged from $250 billion to $2 trillion, the poll found.
Republican Vice Presidential candidate Paul Ryan called it "insidious."
"One of the most insidious things a government can do to its people is to debase its currency," Ryan said at an outdoor rally in Oldsmar, Florida. "We want honest money; that means we want honest government. It's one and the same. The secret to prosperity is not more money printing."
Gosh, I can only this presidential race can have SOME discussion on debasing our currency! Unfortunately, the first mention of the topic will likely prompt undecided independent moderates to click over from the TV debates to "Here Comes Honey Boo Boo." But a news junkie can dream.
The GOP says this latest round of currency creation proves the Obama Administration policies have not worked. The Obama campaign's response:
"Congressman Ryan has no credibility when it comes to helping the middle class," said Obama spokesman Danny Kanner.
Wait... was that a response?
The problem here isn't just a single misguided administration. The easy money banking racket predates President Obama, and has been used by our federal government (both Presidents AND Congresses) for decades. Both parties are to blame for runaway spending that is funded by fictitious wealth generation.
It's two years old, but here's Peter Schiff with a great analysis of the root problem: a weak currency due to runaway borrowing enabled by the Federal Reserve.
It's definitely worth 6 minutes of your time.
Hammer, meet nail.