Economics and Investing:
Peter Schiff: Even if you raise taxes to 100%, we couldn’t pay it off. We’re going to default. Dr. Gary North details the latest legislative travesty in Illinois, the Land of Lincoln Obama: A Bill to Register Buyers of Gold and Silver Coins. Just as with guns, they have it down to a science: they register, they tax, and then they confiscate. Federal Reserve May Pause Quantitative Easing. JWR’s Comment: Yes, and your local crack head may try to kick his habit by going cold turkey. They’ll both have about the same chance of success. Hedge funds face suspicious activity …