excerpt: A just-released study by the Center for Responsive Politics shows that President Obama is relying more on Wall Street to fund his re-election this year than he did in 2008, according to CNBC, which obtained an advance copy of the report.  The report says that one-third of the money Obama's elite fund-raising corps has raised on behalf of his re-election has come from the financial sector.  "Individuals who work in the finance, insurance, and real estate sector are responsible for raising at least $11.3 million for Obama's campaign and the Democratic National Committee," the report says.  And, all of Obama's "bundlers" - top fundraisers who obtain donations from people and groups in their business, professional, and personal networks - have raised a minimum of $34.95 million.  Obama has even added new Wall Streeters who did not work for him in 2008, including former Goldman Sachs CEO Jon Corzine, Evercore Partners executive Charles Myers, Greenstreet Real Estate Partners CEO Steven Green, and Azita Raji, a former investment banker for JPMorgan.  Obama and the DNC combined are on pace to far exceed the amounts Obama raised from Wall Street donors in 2008, both in raw dollar amounts and as a percentage of what he raises overall.

excerpt: The fact that the wealthiest already pay their fair share and more is borne out by this from the IRS: Individuals earning in the top one percent paid 40 percent of all income taxes, while those in the top 10 percent paid 71 percent of all income taxes. The fact that going after the wealthiest for even more isn't going to generate significant additional revenues - certainly not enough to make a dent in the debt - isn't mentioned by the President in his letter. And if Obama is so determined to be "fair", why doesn't he simply offer to write a check to the IRS for the part of his income that he feels he doesn't deserve? He doesn't say. The President did get one thing right: The middle class is the target of any deficit-reduction plans likely to come out of Washington in the next few days: "It's just not right to ask them to pay the whole tab - especially when they're not the ones who caused this mess in the first place." He's right: The middle class didn't create the financial crisis; the Ruling Class did. Instead, the middle class, by and large, just want to be left alone to work out their own lives. Whenever possible, they resist further government intrusions into their lives - witness the growth of the Tea Party - and are waiting to see if Washington will, for the first time in memory, not listen to the siren song of entitlement protection and class warfare being sung by the President, and instead ignore him and start some serious cutting back of Leviathan. Perhaps what the President should be saying to the American people is what he said as Senator in railing against raising the debt ceiling back in March, 2006: The fact that we are here today to debate raising America 's debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. In

 the underlying issue is that the U.S. has borrowed too much, and now has a higher debt to GDP ratio than it has ever -- and because the U.S. will inevitably borrow even MORE because 1. everyone believes that lower taxes and stimulus are needed to stimulate growth and 2. if we don't, growth in the U.S. will depress -- the reality is that our lifestyle (individuals and the government spending what they don't have) is unsustainable. He says: "In addition to balancing the budget and growing the economy, I think we have to accept that the coming decades are likely to see U.S. standards of living decline relative to the rest of the world. Unless our goods offer a better cost/benefit bargain, there's no reason why American workers should continue to enjoy the same lifestyle advantage over workers in other countries. I just don't expect to hear many politicians own up to this reality on the stump." His other big points: ..... "The dollar can no longer be the reserve currency" without unflinching adherence to the associated responsibilities. ..... The debt ceiling "solution" is unlikely to represent much fundamental progress; for the most part it'll just kick the can down the road because politicians are too concerned about getting re-elected to compromise....... "We have no choice but to raise the debt ceiling and keep borrowing in the short-term."....... "Washington's spending has recently been higher as a percentage of the nation's economic output than at any time since World War II. But by the same measure, Washington's revenues are the lowest in more than 60 years." ..... When asked about conservatives' insistence on a balanced-budget amendment to the Constitution, President Obama replied, "We don't need a constitutional amendment to do that [balance the budget]; what we need to do is to do our jobs." But clearly we do need some enforced discipline, because the years in which we haven't run a deficit have been by far the exception of late, n

AFP is an excellent branch of the American Tea Party Movement.  The Grassroots tools are very good, and the group leadership effective, trustworthy and patriotic.  "The Great One", Mark Levin is a founder of AFP and remains very involved with the day to day operation.  Although i'm a contributing member, one of the things i most appreciate about AFP is that when they launch a contact/letter surge, unlike many other "grassroots" operations, there is no charge for the contact.  AFP is an easy and affordable way to contact those who took an oath to represent us and defend our Constitution.  Good group! excerpt: Americans for Prosperity™ (AFP) and Americans for Prosperity Foundation (AFP Foundation) are committed to educating citizens about economic policy and mobilizing those citizens as advocates in the public policy process. AFP is an organization of grassroots leaders who engage citizens in the name of limited government and free markets on the local, state, and federal levels. The grassroots activists of AFP advocate for public policies that champion the principles of entrepreneurship and fiscal and regulatory restraint. AFP Foundation is committed to educating citizens about economic policy and a return of the federal government to its Constitutional limits. AFP Foundation's educational programs and analyses help policymakers, the media, and individual citizens understand why policies that promote the American enterprise system are the best way to ensure prosperity for all Americans. To that end, AFP and AFP Foundation support: Cutting taxes and government spending in order to halt the encroachment of government in the economic lives of citizens by fighting proposed tax increases and pointing out evidence of waste, fraud, and abuse. Tax and Expenditure Limitations to promote fiscal responsibility. Removing unnecessary barriers to entrepreneurship and opportunity by sparking citizen involvement in the regulatory process early on in order to reduce red tap

What kind of a person would make up stories about his mother in order to score political points? The same person who would tell the American people that he wants to cut spending when he has presided over an increase in the federal debt from 53 percent of GDP in 2009 to 72 percent this year. In February, that same person presented Congress with a budget that increases federal debt by $10 trillion over the next decade. In April, that person rejected Republican efforts to raise the debt ceiling in return for spending cuts. Now Obama is claiming he wants spending cuts, but he will not specify which ones beyond a pathetic $2 billion. The disparity between Obama's words and his actions goes back to the healthcare bill. He claimed no one would lose their existing coverage. It turns out that was more hocus-pocus. A McKinsey & Co. survey found that nearly a third of private-sector employers say they will discontinue covering their employees with health insurance because of the rising cost imposed by Obama's healthcare legislation. One reason for the increased cost is the requirement that health insurers cover everyone regardless of whether they have a pre-existing condition. That is like allowing drivers to go without car insurance and then letting them sign up for it to pay for an accident that has already occurred. The rest of the country foots the bill.

Without a debt ceiling increase by August 2, the government will wake up August 3 unable to pay approximately 44% of its bills for August. The overwhelming majority of those bills are simply disbursements of funds for government programs, without which this would be a richer, freer country. Interest on the national debt due in August is not a big item. in the weeks and months that follow August 2, something unexpected would happen... something nobody in government wants you to know. You'd find out how much you don't need the government. ......

Thanks to Marbux.  Seems like nothing will stop the Banksters from seizing it all.  I think i've previously posted that when i was with Virtual Realty (VRi), we were forever trying to crack into the MERS electronic database.  Wow did the Banksters screw this one up.  Now only their corrupt sycophants in Congress and the Coursts can save them.  Not even the lap dog media will touch this. excerpt: A coalition of all 50 states' attorneys general has been negotiating settlements with five of the biggest U.S. banks that would include payment of up to $25 billion in penalties and commitments to follow new rules. In exchange, the banks would get immunity from civil lawsuits by the states, as well as similar guarantees by the Justice Department and Department of Housing and Urban Development, which have participated in the talks. State and federal officials declined to say if any form of immunity from criminal prosecution also is under discussion. The banks involved in the talks are Bank of America, Wells Fargo, CitiGroup, JPMorgan Chase and Ally Financial. REUTERS REPORT PROMPTS LETTER Reuters reported Monday that major banks and other loan servicers have continued to file questionable documents in foreclosure cases. These include false mortgage assignments, and promissory notes with suspect or missing "endorsements," which prove ownership. The Reuters report also showed continued "robo-signing," in which lenders' employees or outside contractors churn out reams of documents without fully understanding their content. The report turned up several cases involving individuals who were publicly identified as robo-signers months ago. Reuters found that such activity has continued even after 14 major mortgage lenders signed settlements with federal bank regulators promising to halt such practices and give remediation to some homeowners who were harmed. In response to these disclosures, Sen. Robert Menendez (D-NJ), chairman of the Senate Subcommittee on Housing, Trans

Thanks to Marbux :) A history of the financial collapse and how we got to the sovereign debt crisis of today.  Excellent  stuff.  A factual account that i couldn't find fault with.  Very lengthy read though. excerpt: Bailout the Bankers, Punish the People In the fall of 2008, the Bush administration sought to implement a bailout package for the economy, designed to save the US banking system. The leaders of the nation went into rabid fear mongering. Advertising the bailout as a $700 billion program, the fine print revealed a more accurate description, saying that $700 billion could be lent out "at any one time." As Chris Martenson wrote: This means that $700 billion is NOT the cost of this dangerous legislation, it is only the amount that can be outstanding at any one time.  After, say, $100 billion of bad mortgages are disposed of, another $100 billion can be bought.  In short, these four little words assure that there is NO LIMIT to the potential size of this bailout. This means that $700 billion is a rolling amount, not a ceiling. So what happens when you have vague language and an unlimited budget?  Fraud and self-dealing.  Mark my words, this is the largest looting operation ever in the history of the US, and it's all spelled out right in this delightfully brief document that is about to be rammed through a scared Congress and made into law.[27] Further, as the bailout agreement stipulated, it essentially hands the Federal Reserve and the U.S. Treasury total control over the nation's finances in what has been termed a "financial coup d'état" as all actions and decisions by the Fed and the Treasury Secretary may be done in secret and are not able to be reviewed by Congress or any other administrative or legal agency.[28] Passed in the last months of the Bush administration, the Obama administration further implemented the bailout (and added a stimulus package on top of it). The banks got a massive bailout of untold trillions, and the

I heard Catherine on Coast to Coast recently.  She is the real deal.

Nice summary with a chilling conclusion. I can't believe i've been so wrong about the financial collapse and the End of the American Dream. In 2008 i set out to discover why the September financial collapse occurred. This was the beginning of my Diigo "Socialism and the End of the American Dream" list. Since then however, i've come to see that it isn't ideology that's behind the financial collapse and the assault on the American Constitution, Rule of Law, and the principles of individual liberty and freedom described in our Declaration of Independence. No, IT'S ALL ABOUT THE MONEY! Mark Levin argues eloquently and with great passion and insight that "Statism" is the problem. He argues that socialism, progressivism, communism and fascism are just forms of centralized government, authority, and control. For Mark, it's all about power. And that's Tyranny of the highest order. Today though, i see things differently. It's all about the money. And with that money comes the power to dictate, control and seize property at will. The Banksters are behind it all, and debt is their doomsday nuclear weapon of choice. Baron Von Rothschild once famously said that WAR is the most expensive endeavor governments can engage in. War means borrowing from banksters. It means debt. The problem for the Banksters has long been the lesson of Charlemagne and Napoleon: There is no way for the Banksters to collect their debt (and interest) from the victor. The only way to force Napoleon to pay was to create an opposing army (thanks to the ruling elites of England and the Duke of Wellington - who were not threatened by Napoleon. And since then, the Bansters have been beholden to the Brittish ruling elites). Balance of Power and the magic of Francois Metternich's Treaty of Vienna worked for almost 100 years after the defeat of Napoleon. The ruling nobility of Europe came apart with WWI, but the Banksters played both ends against the middle, and came out on top.

i hate it when Diigo clips my comments!#!$$ . No warning. The above was clipped short so here's the bottom line: It's not the ideology. It's the money and the power.

Founded by G. Edward Griffin of Jekyl Island - Federal Reserve fame, Freedom Force International has become a vast network of men and women from all parts of the world who are concerned over loss of personal liberty and expansion of government power. They are not mere complainers. They have a plan to do something about it. They also share a common belief in The Creed of Freedom, which is a statement of principles that guide them in their mission to build a better world. Totalitarianism is on the rise everywhere because advocates of big government have taken leadership control of the power centers within every society. Power centers are organizations and social groupings - such as political parties, labor unions, church groups, media centers, and professional societies - that hold political power based on their claim to represent their members and on their ability to lead public opinion. It has taken many years for them to achieve this dominance over society, but they have succeeded. It does no good to complain or to theorize about what should be done. As long as advocates of big government hold the power, nothing will change......

This was one of the viral videos that helped launch the RON PAUL REVOLUTION. Since its release in 2006, several more films have been produced. These films are ORIGINAL INTENT, CULTURAL MARXISM and CORPORATE FASCISM. All are available on the Net for free or you can get higher quality DVDs c/o MOVIE PUBS at http://www.MoviePubs.net .  Absolute MUST SEE!  Very well done.

G Edward Griffin - Creature From Jekyll Island A Second Look at the Federal Reserve.  45 minute video of G. Edward Griffin explaining the Federal Reserve and the dangers of fiat money.  He also explains what to do about it, including joining his Freedom Force International group.

This is the classic exposé of the Fed that has become one of the best-selling books in its category of all time. Where does money come from? Where does it go? Who makes it? The money magician's secrets are unveiled. Here is a close look at their mirrors and smoke machines, the pulleys, cogs, and wheels that create the grand illusion called money. A boring subject? Just wait. You'll be hooked in five minutes. It reads like a detective story - which it really is, but it's all true. This book is about the most blatant scam of history. It's all here: the cause of wars, boom-bust cycles, inflation, depression, prosperity. Your world view will definitely change. Putting it quite simply, this may be the most important book on world affairs you will ever read. 608 pages. G. Edward griffin's The Creature from Jekyll Island is the theme of this Glen Beck Show on Fox News. The author is a guest.

Why would the Obama administration actively send 30,000 sniper rifles, assault weapons and firearms into Mexico even while claiming to follow an anti-gun stance back in the USA? To answer that question, you need to understand P.R.S -- Problem, Reaction, Solution. It is the "playbook" that governments use to get what they want, which usually involves: 1) Disarming their populations, 2) Taking away all their rights and freedoms, and then 3) Ruling over their people as tyrants with complete power. Precisely such an effort is now underway in the United States, led by the Obama administration which has repeatedly demonstrated itself to be an enemy of the U.S. Constitution and its Bill of Rights. How Problem, Reaction, Solution really works If you're the U.S. government, you can't just announce a new program to disarm the country, end the Bill of Rights and install yourself as the King. People won't go for it if you try to sell it that way. Instead, you need to find a way to get people to BEG you to do all that. So you need a way to put people in a state of mind where they are terrified of drugs, terrified of guns and terrified of the border violence -- to the point where they insist that somebody in Washington do something about it. Therefore, you first need a way to cause the problem that results in all the violence that people react to. You effectively need to create violence and then wait for people to beg you to stop it. This is where the Obama administration's program to send 30,000 firearms into Mexico comes into play. If you want to cause gun violence and drug war violence, what better way to accomplish it than to just arm all the bad guys?

The most famous essay Porter ever published is re produced here.  He explains why there are no jobs in America.  His explanation makes it crystal clear as to what we must do to change the dire situation entrepreneurs face.  

One of the best articles a concerned American can read, VDH sums it all up and puts the dilemma we face in context.   excerpt: From Greece to California, the liberal dream is dead. This Fourth of July, what remains is the Founders' vision of a limited government; the idea of a population united by common values, themes, and ideas; a republican form of checks-and-balances government to prevent demagoguery, factions, and tyranny of the majority; the sanctity and autonomy of the nation-state; and individual freedom and liberty as protected through the Bill of Rights. Everything after and against that has proved a failure. Indeed, what makes this Fourth different from recent celebrations is the ongoing repudiation of almost everything antithetical to the Founders' views - the redistributive, all-powerful welfare state, the therapeutic arrogance that believes human nature can be altered by an omnipotent well-meaning government, the postmodern notion that nationhood and borders are passé, and the utopian idea that war can be declared obsolete and the need for defense transcended. From Greece to California such dreams are dead.

Is this a joke?  Incredible.  California is running a $24 Billion deficit, with $21.5 Billion being spent on the care and education of illegal aliens.  A cost of $2,438 per Californian household.   Meanwhile, California leads the nation in home foreclosures, cost of living, and long term unemployment. excerpt:  When "relocating" to the United States, it's best to avoid states that have selfishly put the interests of their legal residents ahead of yours with laws that hinder your access to jobs and benefits. But many attractive destinations remain, endorsed by millions of illegal aliens already living in each. Author Bob Dane is Communications Director for FAIR, the Federation for American Immigration Reform. Kristen Williamson is Communications Assistant for FAIR.

If this doesn't make you sick, nothing will!  Incredible. excerpt:  It really is hard to find the words to describe the true horror of the national debt.  The U.S. government has been on the greatest debt binge in all of human history, and a day of reckoning is coming that is going to be so painful that it is going to shock America to the core.  Click here to see the facts > We have lived so far above our means for so long that none of us really has any concept of what "normal" is like anymore.  The United States has enjoyed the greatest party in the history of the world, but now this decades-old party is ending and the bills are coming due.  It was Dick Cheney who famously said that "deficits don't matter".  Well, try telling that to the nation of Greece right about now.  The horror that Greece is just beginning to experience is a preview of what is going to happen to us as well.  Only when it happens to us it is going to be so much worse, because when we go down we are going to bring the entire global financial system down with us. What we have done to future generations is beyond sickening.  Previous generations entrusted to us the greatest economic machine in the history of the world and we destroyed it.  Now we are leaving to our children and our grandchildren an economic future that has been totally wiped out and a national debt of more than 14 trillion dollars that we expect them to repay.................

stats and charts for immigration, legal and illegal.