not mythical forces but reason and ideas determine the course of human affairs, what is needed to stop the trend towards socialism and despotism is common sense and moral courage
- Ludwig Von Mises
Found this article on CNBC interesting this morning.
We are in a society that people except government to provide for them. When did we convince ourselves that we are entitled to health care?
It’s sad because we would almost all agree that our country needed health reform, but there was no talk of reforming the insurance industry,the FDA, or the pharmaceutical industry that pay millions to lobbyist to push new drug, and advertising new pills without proper safety testing.
There was no reform talk about changing our current “sick” care into real “health” care. Instead we passed a further reaching, more intrusive bill that 14 Attorney General are suing the Federal Government over being unconstitutional.
What a gigantic screw up.
When you take from the productive members of society and give to the unproductive, you have socialism. In what ever form you want to call it …. it’s the death throw of creativity and production in a society.
Here’s a look at reality. Don’t be fooled about how well the recovery is going. Every action the FED takes has consequences that will come back at some point.
The Dallas FED estimated the financial obligations of the US government at 99 trillion dollars. The head of the TARP program estimated the bailout cost at 24 trillion dollars. Totaled together the US has in the neighborhood of 120 trillion dollars of current and future obligations on an annual revenue of around 2 trillion dollars which is falling due to high unemployment, higher state and local taxes and fees and lower wages.
Cutting that down to size, imagine earning 200,000 a year and having a debt of 12 million dollars. In short, the US dollar has become a token of an unpayable debt and thus the anchor of the entire global financial system is a ponzi fraud.
It becomes impossible to compute the value of anything as measured in a fraudulent currency that represents an unpayable debt.
I go through a lot of news articles every month. I archive what i think is important into 71 different categories. But there are those articles that make a lasting impression and having a wider effect then just the day the story was printed.
I put these stories into my MUST READ folder. I wish I had the time or the space here to explain why I believe each of these stories is so important but I don’t. Hopefully something on this list will get you thinking.
The FBI Deputizes Business … an old article from 2008 that I just became aware of.This article talks about InfraGard. 23,000 representatives of private industry who are working quietly with the FBI and the Department of Homeland Security.
Job Growth Lacking in the Private Sector … The admission from main stream media that the American economy has added virtually no jobs in the private sector over a 10-year period. All economic growth has be in the government.
A new superbug found in Britain is major concern: Government scientists … A new superbug that is resistant to all antibiotics has been brought into Britain by patients having surgery abroad. The media is hyping swine fly and we have at least 22 cases in Britain of a superbug.
Swine flu jab link to killer nerve disease: Leaked letter reveals concern of neurologists over 25 deaths in America … A warning that the new swine flu jab is linked to a deadly nerve disease has been sent by the Government to senior neurologists in a confidential letter. Hmm I wonder why this one didn’t get reported in the US.
John Conyers “why would I read health care bill” … This one absolutely floors me. A member of congress say why should be read the bills? because it’s your job …. and the fact that he needs lawyers to tell him what the bill means proves that congressmen aren’t writing these bills. They’re being written by lawyers of the lobbyist and then handed to congress to pass them. That’s enough proof for me right there that you should oppose the health reform bill.
Two executed as China fraud crackdown continues … I love this one. China executed two people for defrauding hundreds of investors out of millions of yuan in beauty parlour, cosmetics and property scams. So Bank CEO’s swindle taxpayers out of trillions of dollars and we give them millions in bonus …. you make a bad business deal and China and your dead!
Judge Orders Fed To Disclose Who Received Bailout Trillions … Bloomberg has sued the FED twice in the last year to get them to disclose where the bailout money went. Now A New York District Judge has ordered the Federal Reserve to disclose the destination of around $2 trillion dollars in bailout funds after the Fed failed to convince the Judge that the records should be exempt from the Freedom of Information Act.
The Man Who Sells America’s I.O.U.’s … The auction of United States Treasury securities, and $32 billion has just been sold in a blink. It was another successful operation for Van Zeck, the commissioner of the public debt, who has the world’s biggest credit card.
Vital Signs and the “Fix” … As we approach the middle of the summer, 2009, it is of utmost importance to be able to slice deftly through the heavy propaganda fog that the government is pumping out through its mouthpiece the media.
Flu shot or get fired … Workers at Capital Region hospitals are going to have to get a flu shot this year or face losing their jobs …. This is a good one to get you thinking, what if this was the policy at your office?
Study Says World’s Stocks Controlled by Select Few … A recent analysis of the 2007 financial markets of 48 countries has revealed that the world’s finances are in the hands of just a few mutual funds, banks, and corporations. This is the first clear picture of the global concentration of financial power.
Common Sense 2009 … This article from Larry Flynt! is amazing. He’s been attacked for years for his free speech as the founder of Hustler. Now he’s hitting back. He writes “The American government — which we once called our government — has been taken over by Wall Street”
Diseased African Monkeys Used to Make Swine Flu Vaccines; Private Military Contractor Holds Key Patents … if your not following Mike Adams articles you should put it on your daily reading list. This guy is hard hitting.
Russian Professor Igor Panarin says that events are continuing to confirm his doomsday prediction first made over 10 years ago, that the United States will completely collapse like the Soviet Union before the end of 2010, and warns that the chaos could begin to unfold in as little as two months.
Back in April of 2008 Panarin began very publicly predicting the collapse of the US, Saying:
the financial crisis may split the United States into six entities.
Which might spring a civil war, and slowing would return America to resemble the map of 1865. Even a year ago Americans who reported on Panarin’s predictions laughed and turned the other way. The White House Spokeswomen at the time Dana Perino said she was perplexed and declined to comment.
But now as Obama’s approval rating is slipping fast, It might be time to listen a little closer to what Panarin has to say. Below is what Panarin predicts the Us could look like in a few years.
Panarin’s impression of Obama is that he’s a great talker, but that’s about it. Obama may just be the mouth piece to keep everyone calm until they realize that it’s too late and the collapse is already started. Once people realize that Obama if just trying to keep the peace and he has lead them to the slaughter it will be like an explosion.
Panarin blames the collapse on a political elite that implements an absurd and aggressive policy that aims to create conflicts around the planet.
“In my opinion, the probability of the US ceasing to exist by June, 2010 exceeds 50%. At this point, the mission of all major international powers is to prevent chaos in the US,” Panarin concluded.
Here is a first glimpse of Alex Jones’ most powerful film yet, to be titled ‘Fall of the Republic: The Presidency of Barack Obama.’ The globalists want the Republic to fall, and they are trying to use their newest, and slickest ever puppet to destroy the last vestiges of America’s freedom, Constitution and economy, all while helping the bankers loot the country clean. But this film shows how we can turn it around, and restore all that was good and right in our nation.
Thanks to Ron Paul and The Campaign for Liberty, the nation is finally talking about the FED. HR 1207 & S 604, If you haven’t read them I would encourage you to do so. Then Contact your representative.
I emailed both my Senators this morning to ask them to co-sponsor the Senate version of the Audit The Fed Bill. If you haven’t signed the petition go here, if you haven’t emailed your representative go here.
You may think an Audit of the FED is no big deal, but they have hired a PR firm to smooth their image with the public. Plus they are releasing all kinds of political propaganda like this.
The U.S. Federal Reserve on Thursday launched a robust defense of its independence and warned that efforts in Congress to put monetary policy under political sway would hurt the economy …. From Reuters
Fed Vice Chairman Donald Kohn, basically threatened to raise interest rates if congress doesn’t stop pointing it’s finger at the FED. Thats a sure sign of a bully.
I guarantee the FED will go down kicking and screaming. They would rather watch the US be destroyed and hang onto their power, rather then be audited.
I uploaded a PDF of a speach from Janet Napolitano head of Homeland Secertary.
It’s was at a CFR meeting this week. you don’t have to read the whole thing, but I went through and highlighted some of the good stuff. At the start she almost does a Clinton where she admits the CFR plans agenda.
Instead she thanks the CFR for their “work” on homeland security. The whole thing is filled with a police state / global agenda to turn the USA into a subtle version of East Germany. Including encouraging Americans to notice unusually behavior of their neighbors.
It’s amazing, they sell it like it’s for our own good. They have to keep us safe.
Even some of the questions from CFR members at the end, gives me an impression that they are uncomfortable with some of the actions of Homeland security and how they could infringe on civil liberties.
Bloomberg (Link) is reporting that Russian President Dmitry Medvedev, showed off a sample coin of a “united future world currency.” at the G8.
“Here it is,”
Medvedev told reporters
“You can see it and touch it.”
It seems like we are certainly close now, to having a sample coin shown to the press and reported by the AP media. This one world currency is no long just for conspiracy sites, it’s main stream news.
Here’s a link worth checking out too: United Future World Currency
If you missed it, check this out.
Gore was Speaking in Oxford at the Smith School World Forum on Enterprise and the Environment, sponsored by The Times.
He said future generations would put one of two questions to today’s adults.
“It will either be ‘What were you thinking, didn’t you see the North Pole melting before your eyes, didn’t you hear what the scientists were saying?’.
Or they will ask
‘How is it you were able to find the moral courage to solve the crisis which so many said couldn’t be solved?’”
Interestingly enough, Al gore along with David Blood started Generation Investment Management. A company that Gore buys his carbon credits from.
Al Gore, self appointed expert on global warming has been purchasing carbon credits in an effort to offset his palatial lifestyle. What he didn’t tell us, however, is that the company he is buying the credits from is actually owned by him. Ching, ching … more
Another interesting point is David Blood, who brings to the table significant experience in traditional investing as former CEO of Goldman Sachs Asset Management.
Generation has made a legally binding commitment to measure and report its annual business-related emissions. They are legally required to purchase Carbon Financial Instruments (CFIs) sufficient to offset all emissions from electricity use, commuting, and business travel on an annual basis. Our compliance is audited and reviewed annually by regulators from the Financial Industry Regulatory Authority (FINRA). …. link
If you have never heard about the Chicago Climate Exchange, it’s the model for a stock market, but for “green” industry. Where company’s can buy and trade carbon credits. If you check out their home page you can read all about tradable Carbon Financial Instruments. My opinion is this will be the next “bubble” for our economy. Which is why Obama and the congress are pushing so hard to push their cap and trade bill.
Guess who would oversee the carbon offsets, the Chicago Climate Exchange. Guess who helped fund them, Obama. And Guess who’s an Associate Member of the Chicago Climate Exchange, Generation Investment Management.
We’re suppose to believe these are the environmental patriots? So the guys who stand to make the most money off of green technology happen to be the guys going around the world convincing us if we don’t change our grand-kids will be living on a beach in Kansas because we let the north pole melt.