Socialism and the End of the American Dream

Empire of Debt was published in 2006. It stated bluntly that the housing market occupied the center of an inflated bubble. The authors asserted the bubble would pop, leaving a sticky residue everywhere. They were right. The authors stated that Alan Greenspan's policies were detrimental to the U.S. economy. They were right. Empire of Debt not only identified the problems, but it provided a solution. Invest in gold or the Japanese yen. It would appear that once again they were right. The yen is strong and gold has made a phenomenal run, selling for over $1000 per ounce.

An exhaustive discussion of Representative Paul Ryan's "Roadmap for America's Future,"; a sweeping plan to stave off the nation's looming economic and fiscal collapse by changing the tax code, overhauling the health care system, and reforming the nation's major entitlement programs. The Congressional Budget Office has determined that the plan would boost economic growth while making Medicare and Social Security solvent. And it accomplishes these aims without raising taxes or affecting the benefits of current retirees.

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?

Conn puts the numbers into the context of events and issues.  Good read. Today President Barack Obama's National Commission on Fiscal Responsibility and Reform will convene for the first time at the White House. Tasked with making recommendations to Congress that would put the budget in primary balance by 2015 and "meaningfully improve" our nation's long-term fiscal outlook, the commission meets a little over a month after Congress approved a new $2.5 trillion health care entitlement that the Obama administration now confirms will increase our nation's total health care spending. This is a now familiar pattern for the White House: first enact record breaking levels of deficit spending, then turn right around and promise austerity sometime in the future.

Contacts congress critters with direct eMail.  Latest issue is the effort to Audit the Federal Reserve.  Vermont Senator and uber Socialist Berny Sanders has proposed to include the Audit the Fed proposal in the Dodd Permanent Wall Street Bailout Bill also known as the Dodd Financial Reform Bill.

No other country had ever codified the structures and processes of their governing institutions to such an extent in one single document. Many people focus on the Bill of Rights when speaking about the Constitution, but the first four Articles are just as important. They synthesized political ideas that were developed over hundreds of years by some of the most insightful thinkers, such as separation of federal powers, checks and balances, vertical division of powers (federalism), an independent judiciary and, of course, representative democracy. The latter emphasizes the notion that any policies enacted by the federal government must be authorized by the people, through their elected representatives who are held accountable to constituents every few years. So what's the state of our Constitutional democracy today? Simple, it doesn't exist. International corruption surveys typically rank the U.S. higher (less corrupt) than most other countries, but this simply proves how bad these surveys are at capturing the essence of real, hardcore corruption. We could write stacks of books on the prevalence of money in politics and the swarms of lobbyists who descend on Washington every single week, and many people have, but it's simpler to just focus on the most egregious example of corruption. The most powerful, influential economic policy-making institution in the country, the Federal Reserve ("Fed"), is an unelected body that is completely unaccountable to the people. Well, let's back up and start with the fact that this institution's very existence is most likely unconstitutional. Here's why: Article I, Section 8 of the Constitution states that Congress has the power to "coin money" and "regulate the value thereof". The Supreme Court has long held that Congress can delegate its legislative powers to Executive agencies as long as it provides an "intelligible principle" to guide the agencies' acti

Chris Savvindis followup interview, the day after his infamous End the Fed youtube video. If Chris is in any way representative of America's future, there are better days coming. In the interview he explains how his views and opinions were shaped. He's a libertarian steeped in the Austrian School of economics, his education beginning with Peter Schiff. Not surprisingly, Chris is a supporter of Ron Paul, and he takes the time to explain why. Yeah, he is a rockstar and deservedly so.

Not a big Peter Beinhart fan, but this article explains a large part of the Ron Paul phenom. After a life time as a big C Goldwater-Reagan Constitutional Conservative, this summer i made a full transition to big C Constitutional Libertarian. The tipping point for me was the GAO audit of the Federal Reserve, where they discovered $16.1 Trillion of taxpayer dollars missing from the Federal Reserve Bankster Cartel management books. It went to a who's who of international Bankster Cartel members. None of the taxpayer funded "financial collapse of 2008" bailout dollars went to the purposes chartered by their legislation. That includees the TARP $850 Billion, the Obama Stimulous $1 Trillion, and the mega FRBC $16.1 Trillion. No bad debts were purchased and retired. No rotting mortgage securities were swept up and restructured. No shovel ready jobs either. And no one in government or banksterism having caused the financial collapse went to jail. Instead, the perps feasted on the bailout dollars. The debt remains on the books of international Banksters, collecting interest, thirsting for foreclosure. The Bankster Cartel members are flush with cash, but not lending. By law (The Federal Reserve Act of December 23rd, 1913), FRBC members must keep a significant amount of their assets on "reserve" at the Federal Reserve, at 6% interest. In exchange for managing this process and the exploding money supply, the taxpayers of the USA are obligated by law to pay the FRBC 1% per year of (assets under management" (the money supply). Take note: the FRBC takes the 1% per year payment for their services in the form of GOLD!! They will not take payment in the form of paper notes labeled legal tender "Federal Reserve Notes". They only take GOLD. My transition to Constitutional Libertarian begins with a strct reading of the Constitution (the How), the Declaration of Independence, (the Why), and belief in the Rule of Law, not man. The concept of achievi

Good stuff from Christopher Cook of the Western Free Press.

Incredible.  This one will require a few reads.

Lengthy blog post discussing the Draft Sarah Palin post.

Must read stuff.  Very lengthy Bankster expose, this time involving Bankster connections to Obama, the political establishment, and the corruption of the DOJ, SEC and other regulatory agencies.  Very lengthy.  Includes stories about the misfortunes of those few honest individuals who tried to do the right thing in a sea of thieves, liars and crooks. excerpt: Nobody goes to jail. This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world's wealth - and nobody went to jail. Nobody, that is, except Bernie Madoff, a flamboyant and pathological celebrity con artist, whose victims happened to be other rich and famous people. This article appears in the March 3, 2011 issue of Rolling Stone. The issue is available now on newsstands and will appear in the online archive February 18. The rest of them, all of them, got off. Not a single executive who ran the companies that cooked up and cashed in on the phony financial boom - an industrywide scam that involved the mass sale of mismarked, fraudulent mortgage-backed securities - has ever been convicted. Their names by now are familiar to even the most casual Middle American news consumer: companies like AIG, Goldman Sachs, Lehman Brothers, JP Morgan Chase, Bank of America and Morgan Stanley. Most of these firms were directly involved in elaborate fraud and theft. Lehman Brothers hid billions in loans from its investors. Bank of America lied about billions in bonuses. Goldman Sachs failed to tell clients how it put together the born-to-lose toxic mortgage deals it was selling. What's more, many of these companies had corporate chieftains whose actions cost investors billions - from AIG derivatives chief Joe Cassano, who assured investors they would not lose even "one dollar" just months before hi

Billions from the Drug trade needing to be laundered and recycled back into legitimate property, manufacturing and services industries. With a cut to pay off the monthly fig for political protection. A thriving Arms trade needing incredibly profitable financing coupled with increasingly reprehensible efforts to increase "demand" and political support. These are the pillars of modern day banksterism according to this ClusterStock article written by Ashvin Pandurangi. Awful stuff. Damn reptiles.

.. Restore Economic Freedom .... Rediscover your constitutional rights ..... Unwind the Income Tax behemoth  In 2006, Attorney Tommy Cryer was indicted by the U.S. Department of Justice for two counts of tax evasion. In July of 2007, the IRS reduced the charges to willful failure to file income tax returns. He went to trial and was unanimously acquitted by the jury. This issue is NOT about "paying your fair" share on April 15th. This is a legal issue that involves more lies by "our" government. excerpt: Dare to look behind the Wizard's curtain and you'll discover the "Great and Powerful Income Tax" is a monumental fraud. Cleverly built over decades amid the swamp of a single misunderstood word ("income") not to mention boxcars of false data heaped on school children, what your "income" actually IS -- as guaranteed by the US Constitution -- and what you think it is, are two separate things. Read on as Attorney Tom Cryer delivers you out of the IRS catecombs, toward a deeper appreciation of your own cherished freedoms and economic rights. The US Constitution prohibits any direct tax upon your labor or property. When federal agencies are allowed to operate above the law only then can you be ruled by fear, intimidation and force.  The Fed uses money stolen through income tax to buy legislators and bring states in line. Thus the Fed, not you nor your state representatives, rules. Your state has  been reduced, once again, to a colony of a distant and indifferent  government, and YOU ARE NOT FREE! Finally, third, and perhaps even more importantly, the power to tax  is the power to destroy. If the federal government can tax one freedom, it can tax all of our freedoms. If we permit them to tax our most precious and  fragile assets, if all we have is kept only by the consent of the  government-then we are at its mercy and YOU ARE NOT FREE!

When You're Holding a Hammer (Everything Looks Like a Nail).  Fun stuff!!!!

Enough said.  Beautifully done Charlie! intro: Politicians are the only people in the world who create problems and then campaign against them. Have you ever wondered why, if both the Democrats and the Republicans are against deficits, we have deficits? Have you ever wondered why, if all the politicians are against inflation and high taxes, we have inflation and high taxes? You and I don't propose a federal budget. The president does. You and I don't have the Constitutional authority to vote on appropriations. The House of Representatives does. You and I don't write the tax code. Congress does. You and I don't set fiscal policy. Congress does. You and I don't control monetary policy. The Federal Reserve Bank does. One hundred senators, 435 congressmen, one president and nine Supreme Court justices - 545 human beings out of the 235 million - are directly, legally, morally and individually responsible for the domestic problems that plague this country.

Bay Area Patriot Group post

Judge Napalatano The Campaign for Liberty Tea Party Group is holding patriotic meetings throughout the USA. Libertarian icon Judge Andrew Napolitano is a frequent and much requested speaker at these meetings. In this speech, the third part of a three part series, the Judge calls out to this generation of patriots to stand up for freedom; to defend liberty. Excellent speech. A fitting conclusion to parts one and two. Many thanks to Frank for this find!

My experience with Napolitano, as a retired lawyer, is that his present role is as a propagandist, willing to lie to make his central point. I've often caught him saying things about the law that he either knows are false or knows that he lacks sufficient knowledge to claim that one of his legal conclusions is true. (He is, however, a very effective orator.) This speech is no different. His premise is false, that there is no language in the Constitution authorizing a host of general welfare laws. First, we find in the Constitution's Preamble it's statement of purpose: "We the People of the United States, *in Order to* form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, *promote the general Welfare,* and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America." Note the distinction made between "promote the general Welfare" and the securing of Liberties. So the Constitution has a purpose beyond securing liberties that falls in the category of promoting the general welfare. Next we move on to Article 1 section 8, which itemizes the Powers of the Congress. In that section's first clause we find: "The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and *provide for the* common Defence and *general Welfare* of the United States;" But Napolitano's speech mistakenly brands a host of general welfare laws as abuses of the Commerce Clause, which only supplements the General Welfare Clause in relevant regard. His discussion of the meaning of "regulate" at the time of the Constitution's adoption is irrelevant. The far more pertinent question is what was meant at that time by the term "general Welfare." Napolitano simply ducks that question by ignoring the General Welfare Clause and pretending that it does not exist. That is not principled argument, in my humble opinion. Moral o

Excellent essay by John Marini of the Libertarian Claremont Institute. The "brutal good" of both Batman and Tom Doniphon, "The Man Who Shot Liberty Valance" are once again on display. Awesome stuff! John first discusses Woodrow Wilson and the Progressive movement; emphasising how progressives, and particularly social scientists, dismissed the past as inferior to the glorious future their progressive thinking would usher in. Yeah, "those" progressive's whose legacy might well be the collapse of civilization! "For progressive historians, the past was not intelligible in its own right, but only with reference to the future, that is, to some form of the idea of progress which, although "almost synonymous with life itself," was wholly unknown to past generations. What had seemed to Abraham Lincoln, for example, to be the American Founders' heroic virtues and tragic limitations appeared to the sophisticated historian as mere reflections of outdated attitudes and beliefs-prejudices of a less enlightened time." Then John goes on to contrast the poetry and truth portrayed in the genre of the American Western Movie. He choses John Ford's classic, "The Man Who Shot Liberty Valance" to make his point. And beautifully so. excerpt: "The old West was situated in the Godforsaken wilds of the desert or wilderness, without community, without law, without civilization. It was a place where simple survival was difficult, a place where nature was uncompromising, just as society had been in the places left behind. The West offered the possibility of a new beginning, of re-founding, of establishing governments form reflection and choice, rather than mishaps of birth and tradition. In the West, men seemed to have it in their power to make the world over again, and this made it necessary or possible to think again about the conditions, purposes, and limits of human community. But the western movie showed that even in a new land with a fresh start, the law was not easily

Excellent read.  The financial crisis is examined in an informative but breezy way.  The conclusion however isn't good.  We're out of options, and there doesn't seem to be anyway of stopping the explosion of government debt that will, sooner or later, crush us.   Great read!