NEWS ON BOOZE : THE TRUTH THE NEWS WILL NOT TELL YOU . Your Source of Daily Alternative & Independent News a daily follow up of Investigative Journalists Whistleblowers Conspiracy Theorists Truthers Visionaries and Freedom Fighters . Freedom is real and attainable
Friday, October 11, 2013
Debt Ceiling Charade ~ Republicans offer US debt limit plan
War on Drugs - Racial Discrimination in America's War on Drugs - Racial Discrimination
The drug war has produced profoundly unequal outcomes across racial groups, manifested through racial discrimination by law enforcement and disproportionate drug war misery suffered by communities of color. Although rates of drug use and selling are comparable across racial lines, people of color are far more likely to be stopped, searched, arrested, prosecuted, convicted and incarcerated for drug law violations than are whites. Higher arrest and incarceration rates for African Americans and Latinos are not reflective of increased prevalence of drug use or sales in these communities, but rather of a law enforcement focus on urban areas, on lower-income communities and on communities of color as well as inequitable treatment by the criminal justice system. We believe that the mass criminalization of people of color, particularly young African American men, is as profound a system of racial control as the Jim Crow laws were in this country until the mid-1960s.
The Drug Policy Alliance is committed to exposing disproportionate arrest rates and the systems that perpetuate them. We work to eliminate policies that result in disproportionate incarceration rates by rolling back harsh mandatory minimum sentences that unfairly affect urban populations and by repealing sentencing disparities. Crack cocaine sentencing presents a particularly egregious case. Since the 1980s, federal penalties for crack were 100 times harsher than those for powder cocaine, with African Americans disproportionately sentenced to much lengthier terms. But, in 2010, DPA played a key role in reducing the crack/powder sentencing disparity from 100:1 to 18:1, and we are committed to passing legislation that would eliminate the disparity entirely.
Tell us what you think about this incredible video, Please subscribe to our channel where you can see more Tony Robbins videos such as: Cigarette Experiment Test Stop Smoking https://www.youtube.com/watch?v=EjB9G...
Thursday, October 10, 2013
The Winged Disc and ISON by BPEarthWatch
Interesting times indeed. Very interesting.
I hope that frontal jet slows that thing down. The paralex factor has no bearing, ground and space images are showing the same thing. That's just trolls, and not even logical with so many pictures. I would rather deal with hail and fire than what it seems the gooberment has planned for us. Buy winter gear you food and water will be frozen, your shelter is your clothing !!! I've lead horses over fences, and spent days with cattle keeping water warm for them and shelter. Buy Winter GEAR !
New Fukushima Dangers The Government Isn't Telling You
David is joined by Anthony Gucciardi of StoryLeak.com to discuss the amazing news coming out of Japan in regards to the radiation levels at the Fukushima power plant and the true dangers involved with the continued operation and leaks at the facilities two years laterThe mega Fukushima meltdown continues to assault the planet on a daily basis with barrages of radioactive fallout that have infiltrated everything from our international food supply to the Pacific Ocean. But instead of alerting us to this reality and helping us to be prepared for what's coming, both the United States and Japanese governments have chosen to ignore and downplay the devastating affects of Fukushima in order to pretend that nothing is wrong
A Brief History of False Flag Terror
US Military: Creating More Problems Than Solving?
Alex Jones ~ Wrecking The System by Design
Alex Jones opens the show discussing the history of the Olympics and their connection to Hitler, how the masses are willing to believe ridiculous narratives given by the government and the possible use of the debt crisis to bring about marshall law.
THE HAWK - GOVERNMENT SHUT DOWN - DC TRUCKER RALLY - Thursday 10/10/13
NIBIRU!!! - The End Of The World (NASA EXPOSED)
nibiru is a act of god and to wake the people up beforw it hits. get yourselves ready. repent!!!! turn back to god. we have become a sinful world. afterwhich martial law and tribulation for those that are left behind will have to go through it. read bible book of joel!!!!!!!!
No Agenda Show: Thursday (10-10-13) Episode 555 Grays+Monkeys=Humans
No Agenda Show: Thursday (10-10-13) Episode 555 Grays+Monkeys=Humans
The four horsemen of the Apocalypse ride in 2014 - 2020?
The NSA has gotten out of Control ~ Bruce Schneier
David Icke ~ How The Few Control The Many
David Icke - Pyramids Within Pyramids - How The Few Control The Many
David Icke is one of the most visible outspoken and controversial speakers and writers about the Illuminati and the New World Order control agenda
Some David Icke Quotes :
A gift of truth is the gift of love.
David Icke
And why do we, who say we oppose tyranny and demand freedom of speech, allow people to go to prison and be vilified, and magazines to be closed down on the spot, for suggesting another version of history.
David Icke
Have you ever wondered what your subconscious mind looks like? Well today, I can show you.
David Icke
I am a channel for the Christ spirit. The title was given to me very recently by the Godhead.
I believe that the human race has developed a form of collective schizophrenia in which we are not only the slaves to this imposed thought behavior, but we are also the police force of it.
David Icke
I couldn't walk down any street in Britain without being laughed at. It was a nightmare. My children were devastated because their dad was a figure of ridicule.
David Icke
I know that you are part of me and I am part of you because we are all aspects of the same infinite consciousness that we call God and Creation.
David Icke
In the Atlantean period there were many energies being used and information and knowledge being used which were, for particular reasons of safety, withdrawn, shall we say, to prevent complete catastrophe, to prevent total destruction of your planet.
David Icke
Infinite love is the only truth. Everything else is illusion.
David Icke
One of my very greatest fears as a child was being ridiculed in public. And there it was coming true. As a television presenter, I'd been respected. People come up to you in the street and shake your hand and talk to you in a respectful way.
David Icke
So reports of my madness, as they say, were greatly exaggerated. Not that I give a bugger either way.
David Icke
The best way of removing negativity is to laugh and be joyous.
David Icke
The Earth needs rebels!
David Icke
The reason most people don't express their individuality and actually deny it, is not fear of what prime ministers think of us or the head of the federal reserve, It's what their families and their friends down at the bar are going to think of them.
David Icke
Today's mighty oak is just yesterday's nut, that held its ground.
David Icke
The Alex Jones Show:(VIDEO Commercial Free) Thur. October 10 2013: Everett Stern, Anthony Gucciardi
Banks Strangle the World Date: 10/10/2013 On this Thursday, October 10 edition of the Alex Jones Show, Alex and Infowars Nightly News host David Knight examine the complete failure of Obamacare. The healthcare.gov web site, which doesn't even work, cost taxpayers $634 million. The White House knew about the problems but still insisted on the Oct. 1 rollout. Regardless, Obamacare is too expensive for Americans with lower incomes and credit scores. Everett Stern, a bank whistleblower, joins the show to discuss the allegations that HSBC, an international bank, financed criminals, drug cartels and terrorists. Back in March, Attorney General Eric Holder declined to prosecute HSBC for money laundering, implying that the bank was "too big to jail." Anthony Gucciardi also joins the show to provide updates on the Fukushima radiation crisis.
Bank of America's Makeover | Where the Money Is - 10/10/13 | The Motley Fool
Janet Yellen: In Her Own Words
Agenda 21 For Dummies
Forget the Government Shutdown -- It's About Shutting YOU Down!
Americans are being treated to political theater at its finest. It's not a theater of entertainment, however, but a coliseum of enslavement where in the world of deception, perception becomes reality. This theater requires audience participation, where we, the theater-goers, become part of the play. We are a truly captive audience, entranced into mindlessly choosing sides at the frenzied urging of the corporate media and partisan cheerleaders firmly seated behind the microphones and television cameras of the nationally syndicated media
NRA News Special Report From Ginny Simone | "Bloomberg's Anti-Gun Group: Mass Exodus of Mayors"
Noam Chomsky : US drone campaign is world's biggest terrorist action (EXCLUSIVE)
The Masonic New World States Of America - William Cooper
The Masonic New World States Of America - Wm Cooper
NWO and Freemasonry ► William Cooper ► 02.18.1993
Hour of the Time
"If you wish to remain Free you will have to fight for it... not because we want to fight, or you want to fight, but because the traitors (within our government) will give us no choice in the matter. There will be either a revolution (the Marxist's choice) or there will be a serious attempt to restore Constitutional Republican government under Law (the Patriots choice). In any event there WILL BE WAR between the Citizens of the United States of America and the Marxist minions of the subversive corporate United States' new world order."
by Wm Cooper
The Hagmann And Hagmann Report Oct 9 2013 Rev Michelle Hopkins
The Hagmann & Hagmann Report provides listeners information about current events and historical topics that transcend the political right-left paradigm and delve into the real issues behind the sugar-coated news.
This unique, father-son detective duo uses their investigative abilities and resources to aggressively research and report on issues left untouched by the corporate media and those that exist beyond the scope of the non-traditional media. The show addresses many issues once considered mere fodder for "conspiracy theorists," tracing their roots from the various events that created them through the fabric of history to the present day.
The program digs deep into current topics that include questions about who is really running America, who is really benefitting from the massive financial bailouts, who and what is behind controversial legislation such as the NDAA, SOPA, Agenda 21, and other issues that are rarely addressed with focus, clarity and accuracy. No stone is left unturned, no topic left untouched.
Certain pivotal events that changed the course of U.S. and world history are also subjected to investigative scrutiny, from the start of the Federal Reserve, World Wars I and II, Vietnam, the McCarthy hearings, the assassinations of John F. Kennedy, Robert Kennedy, to the 1979 Iran hostage crisis, the BCCI scandal, the attacks of 9/11 and events taking place through the various presidential administrations of William Clinton, George H.W. Bush, his son and now Barack Hussein Obama.
The hosts will always leave the audience more informed yet wanting more. It can and does get lively at times, as they don't always agree on matters of intent and motive!
Real information. Real truth. Less hype.
TOGETHER, THEY ARE AMERICA'S PREMIER FATHER-SON INVESTIGAIVE TEAM!
The Hagmann & Hagmann Report provides viewers and listeners information about current events and historical topics that transcend the political right-left paradigm and delve into the real issues behind the sugar-coated news. This unique, father-son detective duo uses their investigative abilities and resources to aggressively research and report on issues left untouched by the corporate media and those that exist beyond the scope of the non-traditional media. The show addresses many issues once considered mere fodder for "conspiracy theorists," tracing their roots from the various events that created them through the fabric of history to the present day
Stephen Quayle is the author of five books. For over thirty years, he has been investigating ancient civilizations, giants, UFOs and biological warfare as they relate to the future of mankind. Stephen discusses the coming worst-case scenarios approaching this world and how they interrelate to each other. Earthquakes, volcanoes, nuclear and biological terrorism, coupled with the planned financial meltdown of the U.S. dollar will thrust us into unimagined tribulations. Stephen Quayle is on record as stating that we have moved from the realm of natural threats into the arena of supernaturally guided events of the unseen hand of evil orchestrating world events of unfathomable proportions
Wednesday, October 9, 2013
From Conspiracy to Anarchy: James Corbett on Anarchast
Gerald Celente - Trends In The News - "The Inept & Incompetent!" - (10/7/13)
"An additional 25 "million" Europeans face poverty, the Pentagon decides to bring back 400,000 furlough workers from private contractors & Egypt's wonderful democracy... wait what democracy?"
Original release: 10/7/13.
Obamacare, The Bible, and END-times Prophesy REVEALED!
Obamacare, The Bible, and END-times Prophesy REVEALED!
Many people wonder where we are on GOD's Time-clock.
But what They don't know is, We are actually Closer than ever before in HISTORY!
See how Obamacare relates to The End-Times
Obamacare, The Bible, and END times Prophesy REVEALED!
** A MUST SEE VIDEO! **
Learning the Basics of Economics | Robert Murphy
In a recent Mises Academy Podcast episode entitled "Basics of Economics: Action and Exchange", Daniel J. Sanchez interviewed Robert Murphy to discuss his upcoming online course, which consists of six lectures of economics instruction, starting from the ground up. This course is especially good for high schoolers and home schoolers.
DAVID ICKE - AMERICA.....THE END GAME!
David Icke is one of the most visible outspoken and controversial speakers and writers about the Illuminati and the New World Order control agenda
Some David Icke Quotes :
A gift of truth is the gift of love.
David Icke
And why do we, who say we oppose tyranny and demand freedom of speech, allow people to go to prison and be vilified, and magazines to be closed down on the spot, for suggesting another version of history.
David Icke
David Icke
Have you ever wondered what your subconscious mind looks like? Well today, I can show you.
David Icke
I am a channel for the Christ spirit. The title was given to me very recently by the Godhead.
David Icke
I believe that the human race has developed a form of collective schizophrenia in which we are not only the slaves to this imposed thought behavior, but we are also the police force of it.
David Icke
I couldn't walk down any street in Britain without being laughed at. It was a nightmare. My children were devastated because their dad was a figure of ridicule.
David Icke
I know that you are part of me and I am part of you because we are all aspects of the same infinite consciousness that we call God and Creation.
David Icke
In the Atlantean period there were many energies being used and information and knowledge being used which were, for particular reasons of safety, withdrawn, shall we say, to prevent complete catastrophe, to prevent total destruction of your planet.
David Icke
Infinite love is the only truth. Everything else is illusion.
David Icke
One of my very greatest fears as a child was being ridiculed in public. And there it was coming true. As a television presenter, I'd been respected. People come up to you in the street and shake your hand and talk to you in a respectful way.
David Icke
So reports of my madness, as they say, were greatly exaggerated. Not that I give a bugger either way.
David Icke
The best way of removing negativity is to laugh and be joyous.
David Icke
The Earth needs rebels!
David Icke
The reason most people don't express their individuality and actually deny it, is not fear of what prime ministers think of us or the head of the federal reserve, It's what their families and their friends down at the bar are going to think of them.
David Icke
Today's mighty oak is just yesterday's nut, that held its ground.
David Icke
USA Prepares Radio Show (Commercial Free AUDIO) Wednesday October 9 2013
Noam Chomsky : Democrats are really moderate Republicans
Book Of Secrets - Freemasons [History Channel Documentary]
A Documentary about Freemasons
Free masonry can be traced back 3000 years to the legendary white knights of the crusades, the Knights Templar (25.10) Firstly, Free Masons have no roots back to King Solomon or anywhere else, it's modern, 1600's at earliest, not 3000 years old. Secondly, Crusades, quick history lesson, for those who never read a book, the first crusade was in 1095 AD and the Knights Templar appeared around about 30 years later to protect pilgrims on their way to Jerusalem. Free Masonry was behind secularizing the West and the Humanitarian Revolution.
Leak At Fukushima Plant Contaminates Six Workers
Six workers at Japan's crippled Fukushima nuclear plant were exposed to a leak of highly radioactive water on Wednesday (October 9, the latest in a string of mishaps the country's nuclear watchdog has attributed to carelessness, saying they could have been avoided.
Tokyo Electric Power Co, also known as Tepco, has been battling to contain radioactive water at the plant, which suffered triple meltdowns and hydrogen explosions following a devastating earthquake in March 2011.
In the latest incident, the company said a worker mistakenly detached a pipe connected to a treatment system to remove salt from the hundreds of tonnes of water Tepco pumps over the melted fuel in wrecked reactors at Fukushima to keep them cool.
"Some of our workers mistakenly removed the lock on a pressure hose in the wrong location, which caused a leak from the hose," said Tepco spokesman Masayuki Ono.
Tepco said seven tonnes of water were spilled in Wednesday's incident at the treatment facility but were contained within the site, adding that the leaked water had an all-beta radiation level of 34 million becquerels per liter.
"At the moment we only have provisional figures, but we think the amount of water that leaked was about 7 tonnes. We have confirmed the leak has stopped within the building and has not seeped out into the wider area," Ono said.
The accidents at the Fukushima Daiichi plant, 220 km (130 miles) north of Tokyo, are adding to a crisis no one seems to know how to contain, and stirring doubt over Tepco's abilities to carry out a complex cleanup widely expected to take decades.
"Six people have had their bodies irradiated and it is true that big mistakes like this continue to occur again and again. It is therefore essential that we do something to stop this chain of events," Ono said.
Last week, Tepco said 430 liters (113 gallons) of contaminated water had spilled out of a storage tank at Fukushima and probably flowed to the ocean.
Alex Jones Show: Wednesday (10-9-13) Tosh Plumlee & Stewart Rhodes
On this Wednesday, October 9 edition of the Alex Jones Show, Alex delves into aspects of the crumbling economy as Obama proposes establishment insider Janet Yellen to head up the Federal Reserve and oversee the ongoing destruction of the U.S. economy. He also covers Rep. Sheila Jackson Lee's suggestion that martial law be declared to put an end to the supposed government shut down. On today's show, Alex talks with William Robert "Tosh" Plumlee, a former CIA contract pilot targeted for posting questions about the government secretly arming Syrian mercenaries in an "off-the-books" covert operation by the CIA. Alex also talks with Oath Keepers founder and former Ron Paul staffer Stewart Rhodes in-studio. Rhodes will talk about forming "civilization preservation teams" to provide community civil defense, sheriff posses, strengthening volunteer fire, search-and-rescue, reserve deputy systems, and eventually assist in forming and training town and county militias.
The Revolutionary Promise of Austrian Economics Education | Robert P. Murphy
In a recent Mises Academy Podcast episode entitled "Basics of Economics: Action and Exchange", Daniel J. Sanchez interviewed Robert Murphy to discuss his upcoming online course, which consists of six lectures of economics instruction, starting from the ground up. This course is especially good for high schoolers and home schoolers.
Ancient Bible Codes, DNA and Bio Terrorism
Obama nominates Janet Yellen to head Federal Reserve
Martial law in America? The Alex Jones Show: Stewart Rhodes, Tosh Plumlee :(Commercial Free AUDIO) Wednesday October 9 2013
Date: 10/09/2013
On this Wednesday, October 9 edition of the Alex Jones Show, Alex delves into aspects of the crumbling economy as Obama proposes establishment insider Janet Yellen to head up the Federal Reserve and oversee the ongoing destruction of the U.S. economy. He also covers Rep. Sheila Jackson Lee's suggestion that martial law be declared to put an end to the supposed government shut down. On today's show, Alex talks with William Robert "Tosh" Plumlee, a former CIA contract pilot targeted for posting questions about the government secretly arming Syrian mercenaries in an "off-the-books" covert operation by the CIA. Alex also talks with Oath Keepers founder and former Ron Paul staffer Stewart Rhodes in-studio. Rhodes will talk about forming "civilization preservation teams" to provide community civil defense, sheriff posses, strengthening volunteer fire, search-and-rescue, reserve deputy systems, and eventually assist in forming and training town and county militias.
False Flag - Coming Soon!
Judge Napolitano ~ Obamacare Is A Job Killer, Morally Wrong, & Forces People Into Markets
Judge Napolitano ~ Obamacare Is A Job Killer, Morally Wrong, & Forces People Into Markets
Alan Grayson rant compares Congress to Dog Poop
House Republicans silence Rep. Alan Grayson after he cites poll comparing them to 'dog poop'
Rep. Alan Grayson (D-FL) found himself on Tuesday being added to the list of things that had been shut down because of Republicans in Congress. During a speech on the House floor to call for a vote on a resolution that said Congress' "dignity" had been impugned by the government shutdown, Grayson frustrated Speaker pro tempore Steve Womack (R-AR) by obstructing all other business and asserting privilege under Rule IX. Grayson observed that media outlets all over the world and polling data within in the United States showed that "the dignity of the House has been called into question." The Florida Democrat pointed to a Public Policy Polling survey that found that Congress had an 8 percent approval rating. And to infuriate Republicans further, he read out of the each items that the American people found more likable than Congress. "What do you have a higher opinion of, Congress or witches? Congress, 32 percent; witches, 46 percent," he said. "What do you have a higher opinion of, Congress or hemorrhoids? Congress, 31 percent; hemorrhoids, 53 percent. What do you have a higher opinion of, Congress or dog poop? Congress 40 percent; dog poop 47 percent." At that point, Womack cautioned Grayson to confine his remarks to an explanation of why his resolution was privileged under Rule IX. But the congressman continued citing the poll, comparing Congress to toenail fungus, cockroaches and zombies. "Surely our dignity has been diminished and is actively being called into question," Grayson said. "If we are to be called obstructionists, practicers of partisan petulance, if we are to be called an establishment that is rotten to the core, if we are leaving Americans wondering why there is so much poison in the system then surely our dignity has been diminished. If we're being accused of willingly provoking crises that suspend public services and decrease economic growth then surely our dignity as a body has been diminished."
With that, Womack could stand no more and gaveled for Grayson to suspend his remarks. Grayson argued that he should have been allow to finish his speech as a point of parliamentary order. But Womack ruled in the end that Grayson's resolution was not privileged and scuttled the vote.
Costa Gavras interview on Democracy Now : Taking on Capitalism, U.S. Torture & Dictatorships, Decades of Political Filmmaking
Taking on Capitalism, U.S. Torture & Dictatorships, Costa-Gavras on Decades of Political Filmmaking
Costa-Gavras joins us for the hour to discuss a nearly 50-year career that has earned him the reputation as one of the world’s greatest living political filmmakers. Born in Greece in 1933, the 80-year-old has won two Academy Awards for his films “Z” and “Missing.” Other acclaimed films include, “State of Siege,” “Amen,” “Music Box,” “The Confession,” “Hanna K.” and “Betrayed.” For nearly five decades, Costa-Gavras has tackled some of the key political issues of the day. “Z” was a drama loosely based on the 1963 assassination of a Greek left-wing activist. “Missing,” his 1982 film starring Jack Lemmon and Sissy Spacek, told the story of American journalist Charles Horman, who was abducted and killed after General Augusto Pinochet came to power in Chile in a U.S.-backed coup. In his film “State of Siege,” Costa-Gavras looked at the controversial role of the U.S. Agency for International Development in Latin America. The film was based on the kidnapping and murder of a U.S. official named Dan Mitrione who taught torture to Uruguayan officers. His latest film, “Capital,” tells the story of a CEO of a large bank who lays off many of the employees and brokers a corrupt deal with the head of an American hedge fund.
Secret Tibetan Book of the Dead | History Channel Documentary
Secret Tibetan Book of the Dead | History Channel Documentary
Bardo Thodol: The Liberation Through Hearing During the Intermediate State, it is often referred to in the West by the more casual title, Tibetan Book of the Dead, a name which draws a parallel with the ancient Egyptian Book of the Dead, another funerary text.
The Tibetan text describes, and is intended to guide one through, the experiences that the consciousness has after death, during the interval between death and the next rebirth. This interval is known in Tibetan as the bardo. The text also includes chapters on the signs of death, and rituals to undertake when death is closing in, or has taken place. It is the most internationally famous and widespread work of Tibetan Nyingma literature.
According to Tibetan tradition, the Liberation Through Hearing During the Intermediate State was composed in the 8th century by Padmasambhava, written down by his primary student, Yeshe Tsogyal, buried in the Gampo hills in central Tibet and subsequently discovered by a Tibetan terton, Karma Lingpa, in the 14th century.[7][8] There were variants of the book among different sects.[9] The Tibetan Book of the Dead was first published in 1927 by Oxford University Press. Dr. Walter Y. Evans-Wentz chose this title because of the parallels he found with the Egyptian Book of the Dead.[10]
The Liberation Through Hearing During the Intermediate State is recited by Tibetan Buddhist lamas over a dying or recently deceased person, or sometimes over an effigy of the deceased. The name means literally "liberation through hearing in the intermediate state".
Mysteries Explained Major Ed Dames Latest Remote Viewing Targets
Mysteries Explained Major Ed Dames Latest Remote Viewing Targets
the fact that most everyone knows that ET's are nothing more than a demonic deception in that satan & his demons can mimic even an angel of light & they will do anything to turn us all away from the word of God yet Ed Dames supposivley having all this wisdom to psychic knowlegde doesn't know these alleged ET's are just demons fulfilling a biblical prophecy - the antichrist will deceive many will miracle signs & wonders & the greys are demons too.The Bible talks about all this,
Richard J. Mayburry ~ Trunews October 8, 2013
Peter Moon - Montauk Project & The Secrets of Romania
Peter Moon - Montauk Project & The Secrets of Romania
Civil Disobedient WWII Veteran - Full Interview
Tuesday, October 8, 2013
Donald Trump: GOP strategy should be to 'stick together'
How Smugglers, Traffickers, and Copycats are Hijacking the Global Economy (2005)
The literature on the black market has avoided a common usage and has instead offered a plethora of appellations including: subterranean; hidden; grey; shadow; informal; clandestine; illegal; unobserved; unreported; unrecorded; second; parallel and black.[2] This profusion of vague labels attests to the confusion of a literature attempting to explore a largely uncharted area of economic activity.
There is no single underground economy; there are many. These underground economies are omnipresent, existing in market oriented as well as in centrally planned nations, be they developed or developing. Those engaged in underground activities circumvent, escape or are excluded from the institutional system of rules, rights, regulations and enforcement penalties that govern formal agents engaged in production and exchange. Different types of underground activities are distinguished according to the particular institutional rules that they violate. Five specific underground economies can be identified:
criminal drugs
the illegal economy
the unreported economy
the unrecorded economy
the informal economy
The "illegal economy" consists of the income produced by those economic activities pursued in violation of legal statutes defining the scope of legitimate forms of commerce. Illegal economy participants engage in the production and distribution of prohibited goods and services, such as drug trafficking, arms trafficking, and prostitution.
The "unreported economy" consists of those economic activities that circumvent or evade the institutionally established fiscal rules as codified in the tax code. A summary measure of the unreported economy is the amount of income that should be reported to the tax authority but is not so reported. A complementary measure of the unreported economy is the "tax gap", namely the difference between the amount of tax revenues due the fiscal authority and the amount of tax revenue actually collected. In the U.S. unreported income is estimated to be $2 trillion resulting in a "tax gap" of $450--$500billion.[3][4]
The "unrecorded economy" consists of those economic activities that circumvent the institutional rules that define the reporting requirements of government statistical agencies. A summary measure of the unrecorded economy is the amount of unrecorded income, namely the amount of income that should (under existing rules and conventions) be recorded in national accounting systems (e.g. National Income and Product Accounts) but is not. Unrecorded income is a particular problem in transition countries that switched from a socialist accounting system to UN standard national accounting. New methods have been proposed for estimating the size of the unrecorded (non-observed) economy.[5] But there is still little consensus concerning the size of the unreported economies of transition countries.[6]
The "informal economy" comprises those economic activities that circumvent the costs and are excluded from the benefits and rights incorporated in the laws and administrative rules covering property relationships, commercial licensing, labor contracts, torts, financial credit and social security systems. A summary measure of the informal economy is the income generated by economic agents that operate informally.[7][8] The informal sector is defined as the part of an economy that is not taxed, monitored by any form of government, or included in any gross national product (GNP), unlike the formal economy. In developed countries the informal sector is characterized by unreported employment. This is hidden from the state for tax, social security or labour law purposes but is legal in all other aspects. On the other hand, the term black market can be used in reference to a specific part of the economy in which contraband is traded.
http://en.wikipedia.org/wiki/Black_ma...
ObamaCare Leads to America's Death!
ObamaCare, the health care law enacted by the Obama administration which forces all American citizens to purchase health insurance on penalty of fines or even prison, was deemed by the Supreme court to be justifiable based on the US tax code. In other words, it's a tax - and a big one!Virginia Attorney General Ken Cuccinelli - "This is a dark day for the American people, the Constitution and the rule of law," he said of the Supreme Court decision to let Obamacare stand as the law of the land. "This is a dark day for American liberty."
Focus on the Debt Ceiling Countdown, Not The Shutdown -- Peter Hug -- October 8, 2013
Kitco News speaks with Peter Hug to get his take on the instability going on in the U.S. It is day 8 of the U.S. government shutdown with no settlement between Republicans and Democrats in sight. "The government shutdown is psychologically in the market but it's so minor relative the bigger picture of the debt ceiling negotiations that are coming to a deadline within the next 10 days," Hug says. "If they blow this one, I can't even guess at what this does to the price of the metals. Obviously it's going to be higher, but I can't even quantify what's going to happen." Despite the approaching debt-ceiling limit, Hug says the fundamentals to this market look bearish. With regards to this month's FOMC meeting, Hug says Federal Reserve Chairman Ben Bernanke has the perfect out and the shutdown is giving the Fed ammunition to continue its bond-buying program. "My assumption is that this debt ceiling will get extended and it will not have an impact on the credit rating of the United States. If they blow it, I can't quantify what the results are going to be, but it's going to be really negative," Hug adds. Watch now to hear how Hug expects gold & silver to react to the debt ceiling debate results. Kitco News, October 8, 2013.