Daily Archives: 17 May 2010
Ron Paul on CNBC
Tea party wins victory in Utah as incumbent GOP senator loses bid for nomination
The national “tea party” movement toppled its first incumbent Saturday as long-serving Sen. Robert F. Bennett was defeated at the Utah Republican Party’s nominating convention, the most powerful demonstration yet of the anti-Washington tide that is altering the nation’s political landscape.
Bennett, seeking a fourth term after 18 years in office, became the first sitting senator to fall in the ideological battle being waged in his party. Although he has long been viewed as a reliable conservative with deep Mormon roots, Republicans rallied behind two other candidates — neither of whom has held political office — who will compete for the nomination at a June primary.
National tea party organizers embraced the victory as a major first step toward returning the Republican Party to its conservative foundations of limited government and low taxes.
(Read more from washingtonpost.com)
Peter Schiff – Bullish on Gold
Unfuckingbelievable: Goldman Has Zero Trading Loss Days In Last Quarter
In the quarter ended March 31, Goldman made money on every single trading day. The firm did not record a loss of even $0.01 on even one day in the last quarter. That’s 63 days profitable out of 63 trading days. (Read more from zerohedge.com)