HOODIE-WEARING GUNMEN KILL 1, WOUND 5 IN BOBBY RUSH'S CHICAGO DISTRICT

Are the Dems attempting to fire up more violence in the streets? The Congress Critter who wore a hoodie on the floor of the House of Representatives and was praised by Pelosi for his courage appears to have inspired violence in his own district.

Former Black Panther Rep. Bobby Rush (D-IL) made quite a fuss when he donned a "hoodie" during a speech in the U.S. House of Representatives until he was escorted out. At the time, former Speaker Nancy Pelosi (D-CA) "applauded his courage" for doing so. Meanwhile, back home in Rush's district, two men wearing hooded sweatshirts, or "hoodies," were the shooters in an incident that left one dead and five injured. In fact, during a span of six-hours Thursday night, 13 people were shot, leaving two dead in Chicago. It would seem it takes more courage to simply walk down the street in Rush's district than it does to wear a hooded sweatshirt in the House of Representatives by way of a stunt in a bizarre tribute to a young man shot and killed in Florida during a shooting incident still under investigation. 13 shot, 2 dead in Chicago in six hours Thursday night The worst shooting occurred around 6 p.m. Thursday when two men in hooded sweatshirts opened fire inside a convenience store in the 1400 block of West 79th Street in the Gresham neighborhood, police said.

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Thomas Sowell Returns

By: Thomas Winslow Hazlett Reason

How To Cripple The Real Estate Market In Five Easy Steps

If the government and the banks had just allowed real estate prices drop to market equilibrium, we'd be out of this mess and housing would truly be affordable. But the government is determined to artificially prop up housing prices, whatever the cost to the economy. If you were head of Central Planning (howdy, Ben!) and were tasked with crippling the real estate market, here's what you would recommend. Choke the market and banking sector with zombie banks... Have the central bank (the Federal Reserve) buy up $1 trillion in toxic, impaired mortgages... Lower the rate that banks can borrow from the Fed to zero, and then pay the banks interest on all funds deposited at the Fed... Try to prop up the housing market by giving poor credit risk buyers loans with only 3% down... Load young people up with the equivalent of a mortgage in student loans... OK,let's see how our Organs of Central Planning are doing: check, check, check, check, check: a perfect score! they're...

Tax Bill Is Beginning of Formal Debt Criminalization

The noose is tightening on liberty. The United States Congress is steadily headed to a place where those who owe money to the US government shall be treated criminally. This phenomenon is advancing domestically and now, increasingly, internationally. The first shot in this latest campaign took place in 2010 when US President Barack Obama signed into law The Foreign Account Tax Compliance Act. It demanded, basically, that foreign banks withhold up to 30 percent of the income that an American abroad might earn. This bill isn't working so well because overseas banks are not cooperating (a state of affairs that was certainly expected). Thus, there is a need for something else: Senate Bill 1813, recently introduced by Senator Barbara Boxer (D-CA). This bill, in part, states that taxpayers with unpaid taxes over US$50,000 may find their passports confiscated. This isn't criminal per se, but the IRS has recently made noises about "sharing" information with police a...

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