Creepy Government Watches Your Purchases Too

Ransom Notes Radio

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Posted: Jun 19, 2013 12:01 AM

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The NSA is checking out your email, Common Core standards are logging away information about your kids, and now the CFPB is tracking consumer purchases. . . Oh, you don’t know what CFPB stands for? Don’t worry: Diane Katz with the Heritage Foundation is here to help.

Give the Ransom Notes Listener Line a call at 202-681-1732 or send us an email at ransomnotesradio@gmail.com.

Show Prep

Big Three:

Uh-oh. . . Mixed bag on Housing starts. So, let’s turn to Bloomberg’s in-house optimist. (I think this guy could have made the 1929 market crash sound pleasant if he was reporting on it.)

http://www.bloomberg.com/video/housing-starts-jump-6-8-inflation-s-a-non-starter-Qar4sr2FShC70oXsRtU5YA.html

Art Cashin nailed it when he was discussing the dangers of monetary easing policies when there is so little velocity in the market:

http://video.cnbc.com/gallery/?play=1&video=3000176304#eyJ2aWQiOiIzMDAwMTc2MzA0IiwiZW5jVmlkIjoiWWdZQ0g3OXVGMmpBYnFmaXhNbEJ3dz09IiwidlRhYiI6ImluZm8iLCJ2UGFnZSI6MSwiZ05hdiI6WyLCoExhdGVzdCBWaWRlbyJdLCJnU2VjdCI6IkFMTCIsImdQYWdlIjoiMSIsInN5bSI6IiIsInNlYXJjaCI6IiJ9

Speaking of the Fed. . . They are expected to release their statement soon, and keep on the path of QE. But really, why?

http://www.bloomberg.com/video/fed-must-change-policy-if-crisis-is-over-roach-uCpo_lC_Qxi8XB7PZRlTFA.html

Other news:

Really? You mean the Liberal Republican Governor of New Jersey – who has repeatedly taken advantage of photo ops with Obama and Bill Clinton – seems to be more favorable among Democrats? Weird:

http://washington.cbslocal.com/2013/06/18/gallup-christie-more-favorable-among-dems-than-gop-voters/

I’d say. Cheney was experienced. (And more dangerous with a shotgun.)

http://www.politico.com/story/2013/06/obama-im-not-dick-cheney-92925.html

Why hurry? We only have 17 trillion in current debt, and over 100 trillion in future unfunded liabilities:

http://video.cnbc.com/gallery/?play=1&video=3000176613

Another take on the Fed’s statement:

http://www.bloomberg.com/video/what-will-factor-into-today-s-fed-decision-1dO6epVYR0G4S7~y7MAYDQ.html