Sarah Palin did not announce whether she would enter the 2012 presidential contest in a fiery and substantive speech in Iowa on Saturday, but she did make three more significant announcements that, in the long run, will potentially be more important than a potential future announcement date. First, as part of a five point plan to revive America's economy, Palin called for the elimination of the federal corporate income tax as a way to "break the back of crony capitalism." Her reasons for eliminating the federal corporate income tax, though, were more important than the actual proposal because it was a way in which she drew a line to differentiate herself from not only President Barack Obama, but nearly every other GOP presidential candidate, most notably Texas Gov. Rick Perry.  Second, on the three year anniversary of her vice presidential acceptance speech at the Republican National Convention in 2008 when Palin, a reform minded governor who had record approval ratings, invigorated the flailing McCain campaign, Palin cast herself squarely as the anti-McCain. Palin said that she could not understand why some people referred to Tea Partiers as "hobbits," a clear reference to McCain's remarks that denigrated a political movement his critics claim he shamelessly, like a typical politician, used to get re-elected only to turn his back on it once he got back to his familiar Washington trappings. Palin has written on her Facebook page that America needs a "do-over" in 2012, and her speech gave more fuel to the thought that Palin believes America should get a 2008 rematch against President Obama with her name on top of the Republican ticket.  Third, her speech was significant because, should she choose to enter the presidential race, it put forth a skillfully crafted blueprint that would allow her to seamlessly run a primary and general election campaign at the same time, much like what then candidate Obama did against Hillary Clinton and George W. Bus

But as I live in the real world, I buy gold, even though I am optimistic we'll get through this rough patch; because I simply don't trust the bas*%*ds who are driving this ship with 100% of my money in dollars, or any fiat currency, for that matter. Gold to me is a neutral currency. While the metal looks good over the last ten years (and I became bullish on it in 2002 in this letter), over the last 32 years it has not had all that much luster. Bonds have been much better as an investment. It is all about timing. If I wanted to buy gold for investment or trading, I would simply buy GLD. (It is an excellent vehicle for traders; however, GLD is not what I think of as insurance.) And if I were buying gold as a trade, I would buy it in terms of the euro or yen, which I think are both going down against the US dollar. For those who want to buy larger sums of gold, there is a program that I like backed/sponsored by the state government of Western Australia, called the Perth Mint. You can buy gold certificates that represent actual bullion in vaults in Perth at reasonable prices. While your gold is stored in Perth, you can take delivery if you want and leave the country with no taxes owed. Or you can sell the gold and get cash. You diversify your country risk, have excellent and safe storage facilities, diversify your currency risk (if, like me, you think of gold as a currency), and have a different asset class than traditional portfolios. You can learn more about the Perth Mint at www.perthmint.com. And one of their dealers is an old friend of mine, Mike Checkan of Asset Strategies International. I have known Mike for about 30 years, and he does what he says and shoots straight. He is well-known in the investment information world, with lots of endorsements. You can learn more about his outfit at www.assetstrategies.com or call them toll-free at (800) 831-0007 in the U.S. and Canada, or direct at (301) 881-8600. You can also email them from their web site. Where to buy

Incredible post from Bruce Krasting concerning the upcoming Obama "Jobs" speech to Congress.  Bruce puts a lot of pieces together and comes up with a view that the Federal Reserve is going to pump $1 Trillion into the economy through a massive Fannie/Freddie ReFi Mortgage plan.  It's audacious.  And it's also very likely to happen.  Beware the unintended consequences.  Great comments to this post! excerpt: "Okay. Put these pieces together. What do you have? Assume for the sake of discussion that the President does announce a major new initiative to ReFi F/F mortgages. Assume further that the cost of the millions of ReFi's would come from existing sources (the $35b of already issued and funded Hope Now Bonds), or better yet, the costs would be crammed down the neck of the banks who are servicing the loans (necessary to get DeMarco to go along). Say, for the sake of discussion, that the targeted mortgages are those who have not yet defaulted, but are desperately in need of a break. That amount would come to about $1.4 Trillion. This is a very big amount. Assume finally that the new mortgage rate would be about 4%. This (if accomplished) would be a very big shot in the arm for the economy as a whole. Now do a flow of funds for this mega transaction.

Awesome piece of writing coupled with exceptionally clear thinking.  Obammunism is at odds with our long history of American Exceptionalism.  Shelby Steele explains why.  There are things about American life that are not good.  The 60's radicals identified racism, corporate merchantilism, the military industrial complex, environmental disregard, and pervasively corrupt big corporate-government cronyism as issues that shaped Liberal-Marxist hatred for America.  Shelby explains how that hatred is really a hatred of American Exceptionalism - the one force that actually rights the ship when the all to human failings of power and greed takes us down.  This is truly good stuff! excerpt: If I've heard it once, I've heard it a hundred times: President Obama is destroying the country. Some say this destructiveness is intended; most say it is inadvertent, an outgrowth of inexperience, ideological wrong-headedness and an oddly undefined character. Indeed, on the matter of Mr. Obama's character, today's left now sounds like the right of three years ago. They have begun to see through the man and are surprised at how little is there. Yet there is something more than inexperience or lack of character that defines this presidency: Mr. Obama came of age in a bubble of post-'60s liberalism that conditioned him to be an adversary of American exceptionalism. In this liberalism America's exceptional status in the world follows from a bargain with the devil-an indulgence in militarism, racism, sexism, corporate greed, and environmental disregard as the means to a broad economic, military, and even cultural supremacy in the world. And therefore America's greatness is as much the fruit of evil as of a devotion to freedom. Mr. Obama did not explicitly run on an anti-exceptionalism platform. Yet once he was elected it became clear that his idea of how and where to apply presidential power was shaped precisely by this brand of liberalism. There was his devotion to big government, h

Intro to the Diigo Federal Gestapo List.  Includes brief explanation of the10th Amendment movement, ordered liberty, and the Rule of Law.

The British Standards Institute, which represents the UK with the International Standards Organization, has issued a " contradiction" to Microsoft's specification.

The British Standards Institute, which represents the UK with the International Standards Organization, has issued a " contradiction" to Microsoft's specification.

The Justice Department raided the Gibson Guitar factory in Nashville on Wednesday morning.  From a Gibson press release: On August 24, 2011, around 8:45 a.m. CDT, agents for the federal government executed four search warrants on Gibson's facilities in Nashville and Memphis and seized several pallets of wood, electronic files and guitars. Gibson had to cease its manufacturing operations and send workers home for the day, while armed agents executed the search warrants. Gibson has fully cooperated with the execution of the search warrants. This actually happened once before: In 2009, more than a dozen agents with automatic weapons invaded the Gibson factory in Nashville. The Government seized guitars and a substantial amount of ebony fingerboard blanks from Madagascar. To date, 1 year and 9 months later, criminal charges have NOT been filed, yet the Government still holds Gibson's property. Why is the Justice Department invading Gibson's factory and seizing its property, without filing any charges?  Do they think illegal materials might be hidden inside the guitars?  Or, given recent history, were they trying to hide illegal guns inside guitars headed for Mexico? No, this is all about the wood the guitars are made from.  As the Wall Street Journal explains:

Good collection of links!  excerpt:  According to an editorial in today's Wall Street Journal (behind its pay firewall), Speaker Boehner asked the administration for a list of rules it had in the works with potential costs exceeding one billion dollars per year.  The administration responded providing a list of seven rulemakings - four from EPA and three from the Department of Transportation. Speaker Boehner's overarching point was that the "economy cannot withstand the barrage of major new federal regulations planned by the administration."  Of course, the Obamacare and financial industry regulations are also on the drawing board somewhere. Mark Levin had an excellent commentary on our state affairs at the beginning of his 8/30 broadcast.  He believes that we no longer have a "representative republic."  This condition exists in large measure, Levin argues, due to unchecked regulation.  He also thinks that we now have an "Imperial Presidency." That said, Levin later gave a boldface example. Listen to the absolutely chilling interview Levin conducts with the CEO of Gibson Guitar who was raided on 8/24/11 by federal agents. (Start at minute 92:00.)  Here is John Hayward's Human Events background article.  The federal government claims that Gibson is illegally importing wood to make its guitars from India and Madagascar.  Gibson claims that officials from those countries have certified the legality of these exports from their nations.  Additionally, Gibson's competitors apparently use the same woods from the same sources and have not been raided.  Only time will tell how this will turn out, but this iconic company may not be able to survive the legal costs of fighting a criminal investigation while its productive activities are interrupted.

What a story. The Gibson CEO, Henry Jusczkiewicz, claims that the DOJ sanctioned raid and seizure at Gibson Guitars was based on the DOJ's enforcement of other countries Environmental Protection Laws. Both Inian and Madagascar Laws however seem to be as much or more about protecting the growth potential of wood refinishing industry as it is about protecting endangered species of trees such as the Magagascar Ebony Environmental Enforcement Leaves Musicians in Fearonline.wsj.com It isn't just the recently raided Gibson Guitar that is sweating, says Eric Felten. Musicians who play vintage guitars and other instruments made of environmentally protected materials are worried the authorities may be coming for them next.

(NaturalNews) Due process under the law and assumed innocence before being proven guilty are two concepts that are apparently no longer applicable in the United States of America, at least as far as the federal government is concerned. Learn more: http://www.naturalnews.com/033454_Gibson_Guitar_armed_raid.html#ixzz1Wd8Nf600

The two presidents have a lot in common. Both inherited an American economy in collapse. And both applied daring, expensive remedies. Mr. Reagan passed the biggest tax cut ever, combined with an agenda of deregulation, monetary restraint and spending controls. Mr. Obama, of course, has given us a $1 trillion spending stimulus. By the end of the summer of Reagan's third year in office, the economy was soaring. The GDP growth rate was 5% and racing toward 7%, even 8% growth. In 1983 and '84 output was growing so fast the biggest worry was that the economy would "overheat." In the summer of 2011 we have an economy limping along at barely 1% growth and by some indications headed toward a "double-dip" recession. By the end of Reagan's first term, it was Morning in America. Today there is gloomy talk of America in its twilight. My purpose here is not more Reagan idolatry, but to point out an incontrovertible truth: One program for recovery worked, and the other hasn't. The Reagan philosophy was to incentivize production-i.e., the "supply side" of the economy-by lowering restraints on business expansion and investment. This was done by slashing marginal income tax rates, eliminating regulatory high hurdles, and reining in inflation with a tighter monetary policy.

Incredible video archive commemorating 9/11.  These are video clips that disappeared soon after that horrific event, archived for all time by some San Francisco dogooders.  It's meant to be a timeless resource for journalist, researchers, historians and writers as well as future generations of Americans who want to visually see the truth as it went down.  Now, if only we can get the Banksters behind this attack and hang them high. Sometimes we forget how dramatically those few days changed the course of history and how rapidly the desire to react was. And as you can see from the footage, it was not just the likes of Bill O'Reilly on Fox News (who declared that America should "bomb the Afghan infrastructure to rubble"). The archive is a way of digging into that reaction, which is itself a way of digging into where we are today. But sometimes it's just as important to remember the sheer confusion that took hold. The most grim moments come when comparing live coverage of the attacks themselves. For example on ABC, at 9:02 a.m., you hear the mangled yelps of staff in the studio as they (and you) watch the second plane strike the World Trade Center. At the same moment on CNN, meanwhile, they didn't even spot what had happened until a minute or two later. It's a brief interlude of innocence that nobody will ever have again. Understanding 9/11 is raw and unpalatable and terrifying. But what the Internet Archive has done is create an important and lasting monument to the events of a decade ago. It might not feel like a traditional tribute to those who died, but I think it is one that - for all of its difficulties - is utterly necessary.

By GRETCHEN MORGENSON Published: August 21, 2011 Eric T. Schneiderman, the attorney general of New York, has come under increasing pressure from the Obama administration to drop his opposition to a wide-ranging state settlement with banks over dubious foreclosure practices, according to people briefed on discussions about the deal. Eric T. Schneiderman has objected to elements of the settlement for months.  In recent weeks, Shaun Donovan, the secretary of Housing and Urban Development, and high-level Justice Department officials have been waging an intensifying campaign to try to persuade the attorney general to support the settlement, said the people briefed on the talks. Mr. Schneiderman and top prosecutors in some other states have objected to the proposed settlement with major banks, saying it would restrict their ability to investigate and prosecute wrongdoing in a variety of areas, including the bundling of loans in mortgage securities. But Mr. Donovan and others in the administration have been contacting not only Mr. Schneiderman but his allies, including consumer groups and advocates for borrowers, seeking help to secure the attorney general's participation in the deal, these people said. One recipient described the calls from Mr. Donovan, but asked not to be identified for fear of retaliation.

This is as bad as white-collar crime gets. But to Wylde, it doesn't rise to the level of being "indefensible." Until they do something worse than this, we apparently should support the banks, and make sure they don't have to pay more than a fraction of what they made off of this kind of crime. What is most amazing about Wylde's quote is the clear implication that even a law enforcement official like Schneiderman should view it as his job to "do everything we can to support" Wall Street. That would be astonishing interpretation of what a prosecutor's duties are, were it not for the fact that 49 other Attorneys General apparently agree with her. In Schneiderman we have at least one honest investigator who doesn't agree, which is to his great credit. But everyone else is on Wylde's side now. The Times story claims that HUD Secretary Shaun Donovan and various Justice Department officials have been leaning on the New York AG to cave, which tells you that reining in this last rogue cop is now an urgent priority for Barack Obama. Why? My theory is that the Obama administration is trying to secure its 2012 campaign war chest with this settlement deal. If he can make this foreclosure thing go away for the banks, you can bet he'll win the contributions battle against the Republicans next summer. Which is good for him, I guess, but it seems to me that it might be time to wonder if is this the most disappointing president we've ever had.

Perhaps the most incredibly audacious power play yet by the Banksters and their boy Obama!  Watch carefully my fellow Americans and see how fragile our liberty really is........ excerpt: A power play is underway in the foreclosure arena, according to the New York Times. On the one side is Eric Schneiderman, the New York Attorney General, who is conducting his own investigation into the era of securitizations - the practice of chopping up assets like mortgages and converting them into saleable securities - that led up to the financial crisis of 2007-2008. On the other side is the Obama administration, all the banks, and, now, apparently, all the other state attorneys general. This second camp has all gotten together, put their heads together, and cooked up a deal that would allow the banks to walk away with just a seriously discounted fine from a generation of fraud that led to millions of people losing their homes. The idea behind this federally-guided "settlement" is to concentrate and centralize all the legal exposure accrued by this generation of grotesque banker corruption in one place, put one single price tag on it that everyone can live with, and then stuff the details into a titanium canister before shooting it into deep space. This deal is all about protecting the banks from future enforcement actions on both the civil and criminal sides. The plan is to provide year-after-year, repeat-offending banks like Bank of America with some stability and certainty, so that they know exactly how much they'll have to pay in fines (trust me, it will end up being a tiny fraction of what they made off the fraudulent practices) and will also get to know for sure that there are no more criminal investigations in the pipeline.  

Great interview of Charles Ferguson, director of "Inside Job".  Stunning stuff.  if you have not yet seen this documentary, watch the interview.  Charles has some scathing remarks about Obama and his Administrations support for the Banksters.  Since the interview took place last March of 2011, two days before Charles won an Oscar for "Inside Job",  there is no discussion of the DOJ and SEC corruption we witnesses in early August of 2011.  The SEC whistleblower program discovered that the SEC destroyed volumes of evidence against the Banksters and their calculated mortgage fraud activities.   

Harvey is CEO of American Express:  This is his rant and it's awesome!   ......... Over the years, I have paid a significant portion of my income to the various federal, state and local jurisdictions in which I have lived, and I deeply resent that President Obama has decided that I don't need all the money I've not paid in taxes over the years, or that I should leave less for my children and grandchildren and give more to him to spend as he thinks fit. I also resent that Warren Buffett and others who have created massive wealth for themselves think I'm "coddled" because they believe they should pay more in taxes. I certainly don't feel "coddled" because these various governments have not imposed a higher income tax. After all, I did earn it. Others could pay higher taxes if they choose. They could voluntarily write a check or they could advocate that their gifts to foundations should be made with after-tax dollars and not be deductible. They could also pay higher taxes if they were not allowed to set up foundations to avoid capital gains and estate taxes. What gets me most upset is two other things about this argument: the unfair way taxes are collected, and the violation of the implicit social contract between me and my government that my taxes will be spent-effectively and efficiently-on purposes that support the general needs of the country. Before you call me greedy, make sure you operate fairly on both fronts.

This is an interesting post.  The WSJ published an article yesterday claiming that the Federal Reserve Bankster Cartel was looking at European Banksters and assessing the quality of "funding positions" and asset status for their USA branch operations.  The Fed Banksters are also consulting with EU regulators about European Bankster concerns. The WSJ article (http://on.wsj.com/nugr7s) triggered a massive market crash on Thursday.  Over $2 Trillion was washed away in the panic following the publication of this WSJ story.  That's on top of the $6 Trillion lost following the Obama Debt-Man-Walking deal with Congress. But here's where it gets interesting.  Bruce Krasting contacted Zero Hedge's Tyler Durden and got this reply; "the story is a Fed plant". Tyler Durden believes that the Feds want to create a world economic crisis to justify a massive QE3 where tens of trillions of dollars would be created and distributed to the worlds Banksters.  This follows the $16.1 Trillion created and distributed to the world's Banksters in 2009 - 2010 under QE1 and QE2. Incredible.  Just a few days ago Republican presidential candidate Gov Rick Perry warned the Fed Banksters not to flood the market with a new QE3.  No doubt what Perry has in mind is that the Fed will flood the world's economy with dollars, debasing the currency even further, but providing a phony and very temporary veil of prosperity - just enough to get Obama into a second term.   Not a bad concept for the Banksters since Obam has proven himself time and again as the bes tfriend the Banksters have ever had.  Obama has overseen the transfer of over $23 Trillion of USA taxpayer debt to the world Bankster community.

Treasury Dept:  TreasuryDirect.gov web site where you can easily calculate the national debt for any date or time period.  Excellent stuff if you can type through your tears!

iPhone and Android apps.  real time GOLD prices and charts.

What is it with billionaires these days? Buffett suggesting we need to tax him more? Stop coddling the super-rich he says.  In other words, he's saying "I've done such a fine job with my money, now I want to give more to a government that hasn't."  Mr. Buffett, has someone changed your suppositions? It seems counter intuitive to your "invest in great management" philosophy.  Shouldn't you really be telling the government to cut costs? Just like you demanded of your Netjets, Clayton Homes, and Helzberg Diamond Shops executives.