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Home/ Socialism and the End of the American Dream/ Contents contributed and discussions participated by Gary Edwards

Contents contributed and discussions participated by Gary Edwards

Gary Edwards

Porter Stansberry - This could be Porter Stansberry's most outrageous interview ever - 1 views

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    Incredible interview with Porter Stansberry.  He explains his outrage, and in doing so speaks for all of us.  You'll be angry, but feeling good that you're hardly alone.  The unvarnished truth about every mystery concerning the reasons why we can't get a handle on this mess.  Porter for President!
Gary Edwards

Hillsdale College - Reagan: A Centenary Retrospective in 4 Lectures - 0 views

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    Awesome series of lectures: 2011 marks the 100th anniversary of Ronald Reagan's birth and the 30th anniversary of his first inauguration. His principles and achievements have a special relevance today, in a nation divided over its future direction. On October 2 - 5, Hillsdale College's  Center for Constructive Alternatives lecture series examined the life, principles and achievements of the 40th President of the United States.  The lectures delivered at this program are available online at this link: "The Three Campaigns"Craig ShirleyShirley & Banister Public AffairsAuthor, Rendezvous with Destiny: Ronald Reagan and the Campaign that Changed America "Reagan and Communism in Hollywood"Ronald RadoshHudson InstituteAuthor, Red Star Over Hollywood: The Film Colony's Long Romance with the Left "Reagan on Economics"Phil GrammFormer U.S. Senator "The Education of Ronald Reagan"Steven HaywardAmerican Enterprise InstituteAuthor, The Age of Reagan: The Conservative Counterrevolution,1980-1989 "Reagan and the End of the Cold War"Elliott AbramsAssistant Secretary of State, 1981-89             
Gary Edwards

Limbaugh on Obama's 'Chip on His Shoulder,' the Phenomenon of the 'Not-Romney' and the ... - 0 views

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    Awesome!  Once again Rush takes us to school. excerpt: VAN SUSTEREN: I guess I mean a motive to -- an intentional motive to hurt the country, versus his (Obama) ideology is one that the way you achieve ideals is different values. LIMBAUGH: This is the question. We are living under a number of assumptions about Obama that have been presented to us by elites of both parties. One of the illusions is Obama's brilliant, that he's smarter than anybody else in the room, messianic. We have never had a politician like this in our midst, we were told in 2007, 2008. Nobody like Obama has ever trod our soil. He was going to unify us. The world was going to love us again. It's going to lower the sea levels. I mean, ridiculous stuff. So the question is, is he just dumb? Does he really believe this economic stuff? Does he really believe that taking capital, money out of the private sector and transferring it to government and unions is the way you grow the private sector? Is that the way (INAUDIBLE) Does he really believe that? Is he that ill educated? Is he the product of nothing other than the American education system and whoever influenced him at home when he was young? Or is he an ideologue? Is he a Marxist socialist who has an agenda that's oriented toward cutting the country down to size? I mean, that's the question. For me, the answer to the question is irrelevant. I think that whatever he's doing, why he's doing it, it's obvious he is doing it. He is taking steps, these 10 policies that are injurious to the country, injurious to individuals, targeting as the enemy the people who work in this country, targeting as the enemy that people that pay taxes. This business of this Occupy Wall Street crowd, which is his -- it was created I think on the basis that Romney was going to be the Republican nominee. Romney's Wall Street, so you get Obama's band out there, Occupy Wall Street, protesting. It was set up to oppose Romney -- Wall Street blamed for all these ills in the e
Gary Edwards

Jeb Bush: Capitalism and the Right to Rise - WSJ.com - 0 views

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    Excellent piece of writing describing the essence of Constitutional Capitalism and the abundance that comes from Ordered Liberty through limited and Constitutional Rule of Law. excerpt: We either can go down the road we are on, a road where the individual is allowed to succeed only so much before being punished with ruinous taxation, where commerce ignores government action at its own peril, and where the state decides how a massive share of the economy's resources should be spent. Or we can return to the road we once knew and which has served us well: a road where individuals acting freely and with little restraint are able to pursue fortune and prosperity as they see fit, a road where the government's role is not to shape the marketplace but to help prepare its citizens to prosper from it. In short, we must choose between the straight line promised by the statists and the jagged line of economic freedom. The straight line of gradual and controlled growth is what the statists promise but can never deliver. The jagged line offers no guarantees but has a powerful record of delivering the most prosperity and the most opportunity to the most people. We cannot possibly know in advance what freedom promises for 312 million individuals. But unless we are willing to explore the jagged line of freedom, we will be stuck with the straight line. And the straight line, it turns out, is a flat line.
Gary Edwards

Newt Gingrich: 15 Things You Don't Know About Him - 1 views

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    Good article on Newt; covers the good, the bad, and the ugly.  Personally i don't trust Newt.  As former repubican senator Jim Talent of Missouri says, "He's not a reliable and trusted conservative leader".  Strangely, Talent supports Romney. And there is nothing conservative about Romney.   The one thing i do like about Newt is that he is a bomb thrower extraordinaire.  There isn't a Libertarian (moi), conservative, or Constitutional conservative anywhere that wouldn't love to see Newt in the ring with Obama, hammering his Marxist ass without mercy.  But i'm not so sure that that desire is enough to overcome the serious character flaws and self centered egotistical baggage Newt hauls around.  He proves time and again that he lacks the core values of a true conservative, including dedication to the upholding the Constitution and Rule of Law. Funny though that a valueless establishment repubican "we can manage big government more efficiently and make it work" guy like Romney is attacking Newt as not being a true conservative?  What does that make Romney?  At least Newt can point to the awesome Contract with America repubican take over of Congress - after 40 years in the wilderness. Even though Ron Paul has lost it on foreign policy, i continue to send money.  My switch from Reagan Constitutional Conservative to Libertarian has "nearly" everything to do with the 2008 financial collapse, and the years of research and study that followed.   I say "nearly" because i just couldn't pull the trigger until unexpectedly i found myself in a Bloomberg discussion questioning my support for Herman Cain.  Sadly, Herman supports the Federal Reserve, including full approval of both Greenspan and Bernacke policies that have destroyed the US dollar and enabled the Banksters to run off with over $29 Trillion of our money.  Of course, this is an indefensible and inexcusable position.  The Libertarian's in the discussion pointed out that the problems this country faces cann
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    disclosure: I met Cokie and Steve Roberts at an intimate house party in NH. Probably in 1991. Very nice people but they are full blown unionist-socialist-progressives iron bent on the European Socialism model. Not Constitutionalist in any way shape of form. Certainly not Constitutional Capitalist or free market types either.
Gary Edwards

EconoMonitor : Great Leap Forward » BERNANKE'S OBFUSCATION CONTINUES: The Fed... - 0 views

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    Excellent summary of how deep the hole the Federal Reserve has dug for Americans.  Walks us from the 2008 crisis to the Levy Economics Institute $29.616 Trillion Bankster Bailout.  Incredibly well written commentary. excerpt: Bernanke argues we should look only at the lending at a peak instant of time. Think about it this way. A half dozen drunken sailors are at the bar, and the bartender refills their shot glasses with whiskey each time a drink is taken. At any instant, the bar-keep has committed only six ounces of booze. That is a useful measure of whiskey outstanding. But it is not useful for telling us how much the drunks drank. Bernanke would like us to believe that if the Fed newly lent a trillion bucks every day for 3 years to all our drunken bankers that we should total that as only a trillion greenbacks committed. Yes, that provides some useful information but it does not really measure the necessary intervention by the Fed into financial markets to save Wall Street. And that leads to the final way to measure the Fed's commitments to propping up our drunks on Wall Street: add up every single damned loan, guarantee and asset purchase the Fed made to benefit banks, banksters, real Housewives on Wall Street, fraudsters, and their cousins, aunts and uncles. This gives us the cumulative Fed commitments. The final important consideration is to separate "normal" Fed actions from the "extraordinary" or "emergency" interventions undertaken because of the crisis. That is easier than it sounds. After the crisis began, the Fed created a large alphabet soup of special facilities designed to deal with the crisis. We can thus take each facility and calculate the three measures of the Fed's commitments for each, then sum up for all the special facilities. And that is precisely what Nicola Matthews and James Felkerson have done. They are PhD students at the University of Missouri-Kansas City, working on a Ford Foundation grant under my direction, titl
Gary Edwards

EconoMonitor : EconoMonitor » Bailout Total: $29.616 Trillion Dollars - 0 views

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    Good summary of the Levy Economics Intitute's study of the Federal Reserve Bankster cartel.  Focus on the traditional meaning of overnight lending, and what the Fed Bankster cartel is using it for.   $29,616 Trillion! excerpt: There is a fascinating new study coming out of the Levy Economics Institute of Bard College.  Its titled "$29,000,000,000,000: A Detailed Look at the Fed's Bail-out by Funding Facility and Recipient" by James Felkerson. The study looks at the lending, guarantees, facilities and spending of the Federal Reserve. The researchers took all of the individual transactions across all facilities created to deal with the crisis, to figure out how much the Fed committed as a response to the crisis. This includes direct lending, asset purchases and all other assistance. (It does not include indirect costs such as rising price of goods due to inflation, weak dollar, etc.) The net total? As of November 10, 2011, it was $29,616.4 billion dollars - (or 29 and a half trillion, if you prefer that nomenclature). Three facilities-CBLS, PDCF, and TAF- are responsible for the lion's share - 71.1% of all Federal Reserve assistance ($22,826.8 billion).
Gary Edwards

$29,000,000,000,000: A Detailed Look at the Fed's Bailout by Funding Facility and Recip... - 0 views

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    Stunning stuff.  No need to bailout the European Banks because the Federal Reserve has already done that!!! The Levi Institute of Economics has published the details of the Federal Reserve's International Bankster bailout from late 2007 to 2009.  It's far more than the $16.2 Trillion the GAO audit uncovered in July of 2010.  It's far more than the $7.77 Trillion Bloomberg discovered in their Freedom of Information action against the Federal Reserve.  Researching the "recipients" of the USA Federal reserve Bankster largess, the Levi Institute documents a whopping $29 Trillion has been distributed to Bankster coffers at near zero percent interest.   Note that no debt, and no loans of any kind has been purchased, retired, restructured or otherwise dealt with.  The bad loans remain on the books, including crushing interest payments that continue to escalate and accrue.  Debtors continue to fall deeper into debt.  Foreclosure and default loom over public, private and sovereign debtors.  So where did the money go?  $29 Trill is more than enough to retire the entire USA national debt, with interest, and, every mortgage both public and private in the USA. abstract: There have been a number of estimates of the total amount of funding provided by the Federal Reserve to bail out the financial system. For example, Bloomberg recently claimed that the cumulative commitment by the Fed (this includes asset purchases plus lending) was $7.77 trillion. As part of the Ford Foundation project "A Research and Policy Dialogue Project on Improving Governance of the Government Safety Net in Financial Crisis," Nicola Matthews and James Felkerson have undertaken an examination of the data on the Fed's bailout of the financial system-the most comprehensive investigation of the raw data to date. This working paper is the first in a series that will report the results of this investigation. The extraordinary scope and magnitude of the recent financial crisis of 2007-09 required an
Gary Edwards

Weapons of Mass Discussion: HR 475: Is Obamacare Unconstitutional? - 0 views

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    The Supreme Court will begin hearing arguments on the constitutional challenges to the Patient Protection and Affordable Care Act in March. The court is expected to issue its ruling in late June. Last month, the Supreme Court received a resounding and unmistakable message from the state of Ohio.  Millions of Ohioans rejected ObamaCare and overwhelmingly passed the Ohio Health Care Freedom Amendment, repudiating ObamaCare's mandates and infringements on individual liberty and personal freedom. Now it's time for the Supreme Court to hear from Congress. As a coequal branch of government in our system of checks and balances, it is important that Congress clearly make its opinion known to the Supreme Court before it rules. Congressman Phil Roe, M.D. (R-TN) has introduced H. Res. 475. The resolution is short and to-the-point: It declares ObamaCare to be unconstitutional and the onerous individual mandate to be non-severable from rest of the law. Currently 63 members of Congress are co-sponsors of Congressman Roe's resolution. We need more. 
Gary Edwards

Directory of USA Representatives · House.gov - 0 views

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    Full directory of the House of Representatives members, listed by State with distirct.  Includes phone number and address.  No email :(  But the individual congressional web sites are listed along with key committee memberships and party affiliation.
Gary Edwards

What the Founders Thought About Democracy | Eric Peters Autos - 1 views

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    Good explanation of the difference between democracy and a republic, and why the founding fathers were adamantly against democracy.  Many foundign fathers believing that democracy was the first step towards tyranny.  So they chose ordered liberty in the form of a constitutional republic.  NOT democracy!!!!
Gary Edwards

Public unions thrive at taxpayer expense - 1 views

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    The bottom line is that the public unions continue to increase their wages and benefits, inspite of the economic free fall the economy is in, because they ruthlessly use members dues for lobbying and bargaining with politicians who are paying them with "other people's money". CC provides some interesting diagrams describing how the scam works, and, he does point to two solutions being tested in Wisconsin and Indiana. In Wisconsin, gov Walker is trying to end public sector "collective bargaining". While Gov Daniels in Indiana has successfully ended the the requirement that the State deduct union workers membership dues from their pay checks. When given the chance to choose, most union workers chose NOT to pay those dues. The Daniels method seems to be working very well, and is based on an easy to understand Constitutional principle; money earned is personal property, and the individual should have the right to chose what happens to their property. There are some other things that might be tried, although i think the Daniels principle should be an automatic first step taxpayers take to restore Constitutional Rule of Law. .... Break strike threat with non union replacements President Reagan was tested by the public sector unions when they threatened a strike by the thought to be essential and irreplaceable Air Controllers union. Reagan called them on it, and brought in non union replacements to break the strike. Painful, but it worked. ..... Privatization The most basic and Constitutional response is to privatize the service, and turn it over to the open market of competitive contract bids. Works every time, but the awarding of contracts has it's own level of political corruption and influence peddling. Personally i would prefer a grand jury approach to oversight problem involved in the awarding of contracts. Citizens need to be pressed into the task of backstopping political corruption. Any connection of cross channeling of people or t
Gary Edwards

The Problem with Socialism is Socialism! | Devil At My Doorstep's Blog - 0 views

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    Big Government, totalitarianism, power, greed, central planning, redistribution of wealth, restrictions on personal freedom, no ownership of personal property, no self determination, government entitlements, no secret ballot elections, lack of incentive to succeed, government watchdogs, political elitism, government control and intervention, sameness, tyranny, violence, intimidation, coercion, pressure and social engineering are all characteristics of Socialism. History is replete with socialist regimes, like Nazi Germany and socialist Russia, which have imploded and failed. The simple problem is government or institutions created in or morphed into this likeness cannot create or invent and eventually fail. The free markets of Capitalism are the inverse of the above. It is the only system that has lifted all of mankind, at every level, to a higher standard of living. It is the only system that allows individuals the opportunity for self determination based on their abilities and effort. It promotes ingenuity, self-reliance, diversity, innovation, creation, prosperity and, yes, wealth. It continues to advance the prosperity of all individuals unless destroyed from within, like Greece and Rome when they moved towards totalitarianism and away from democracy!
Gary Edwards

When Governments Go Rogue - 0 views

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    Brandon Smith of Alt-Market.com delivers yet another powerful missive as he outlines the transgressions of a government that has gone completely rogue and counter to the founding principles of our Constitution. This one is a must read to the very last line. Wow!
Gary Edwards

The Red Pill Radio | Liberty, Tyranny & Banksters! - 0 views

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    Good web site arguing for Liberty and the Tyranny of Big Government Banksters.  Good Quotes to: "If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." -Thomas Jefferson
Gary Edwards

The Fed's $16 Trillion Bailouts Under-reported - Forbes - 0 views

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    The audit of the Fed's emergency lending programs was scarcely reported by mainstream media - albeit the results are undoubtedly newsworthy.  It is the first audit of the Fed in United States history since its beginnings in 1913.  The findings verify that over $16 trillion was allocated to corporations and banks internationally, purportedly for "financial assistance" during and after the 2008 fiscal crisis. Sen. Bernie Sanders (I-VT) amended the Wall Street Reform law to audit the Fed, pushing the GAO to step in and take a look around.  Upon hearing the announcement that the first-ever audit would take place in July, the media was bowled over and nearly every broadcast network and newspaper covered the story.  However, the audit's findings were almost completely overlooked, even with a number as high as $16 trillion staring all of us in the face.
Gary Edwards

Judge Blocks Citigroup Settlement With S.E.C. - NYTimes.com - 0 views

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    The greatest theft in the history of mankind, and a posse of one Judge and a few State Attorney Generals is all we have on the hunt.  Pathetic.  But thank God for Judge Jed S. Rakoff of United States District Court in Manhattan!   The Federal Government is so corrupt and politicized that regulatory agencies are bagmen for the worst kind of crony capitalism ever seen.  I would rather shut down these corrupt and crony laden regulatory agencies and replace them with legislation requiring full transparency and reporting to the PUBLIC.  A process that would enable lawyers and Courts to sift through the mess, and let contract law, legal settlements, class actions and lawsuit penalties be the instruments of regulatory oversight.  Judge Rakoff should be the next Supreme Court nominee.
Gary Edwards

Bankster Monopoly Men (Federal Reserve Fraud) (1999) - 0 views

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    History of Banksters.  How the Rothschilds and Rockefellers control the world using War and Financial Crisis.
Gary Edwards

Banksters - William Black tells the real truth - YouTube - 0 views

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    Savings & Loan crisis regulator Bill Black testifies in front of the House in 2011.  He explains the financial collapse of 2008, the role of subprime and liar's loans, and the incredible fraud running rampant through the Bankster industry.  Lehman Brothers alone was responsible for near 80% of the fraudulent liar loan mortgage security packages sold throughout the world.  Black lays much of the blame on the Federal Reserve, the SEC, and three individuals: Greenspan, Bernanke, and Timothy Geitner (NY Federal Reserve).  He compares how regulators with limited authority were able to contain and minimise the Savings and Loan fraud problem, with the near total lack of effort by the Federal Reserve, FDIC and SEC regulators.  Extrordinary testimony.  And Congress, the Justice Department, the Federal rEserve, the SEC, the FDIC and all the other elite regulators continue to do NOTHING!
Gary Edwards

Throw Them ALL Out - Review of Peter Schweizer's book on HUMAN EVENTS - 0 views

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    n a chapter titled "Breaking the Back of Crony Capitalism," Schweizer lays out some much needed reforms that he hopes are undertaken. Here are some of his proposals: * Create a legal code that makes trading on nonpublic government information illegal both for those who pass the information and for those who trade on it.  * Corporate insiders trading their own company's stock are required to disclose these transactions to the SEC within two days. Why not apply the same standard to Congress?  * Members of Congress should not be allowed to trade stock in companies that are overseen by their committees. * Apply whistleblower laws to Congress. If it's good enough for federal workers and corporate employees, it should be good enough for Congress.  * Disallow "sweetheart" IPOs. Unless the initial public offering goes through a public auction, in which people can openly compete for shares in a bidding contest, members of Congress should not be allowed to participate. * Family members of legislators should not be allowed to become lobbyists. * The federal government needs to get out of the business of offering grants and taxpayer-backed loans.  Americans who have suspected that Washington does not have their interests at heart and wonder on their trips to the nation's capital how it is such a gilded boomtown will get answers in this book.  The country is at the beginning stages of a citizen revolt against the permanent political class whose interests are tied to the crony capitalistic system that benefits their own self-interest. 
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