Former Ohio Rep. James Traficant told a crowd that gathered to welcome him back to Youngstown, Ohio, after seven years in federal prison that the government had to cheat to convict him of bribery and racketeering. The comment Sunday elicited a roa
The Census Bureau on Friday severed its ties with ACORN, a community organization that has been hit with Republican accusations of voter-registration fraud.
Reddit, a news comment site, interviews the congressman, 2008 presidential candidate and doctor from the state of Texas, Ron Paul about the things reddit readers want to know. The questions are diverse and as always Dr. Ron Paul gives his answers and I am sure they are nothing like the questioner had in mind they would be. Dr. Paul explains his answers in the light of liberty, Freedom and Property Rights. It is so enjoyable to listen to Dr. Ron Paul fully explaining his positions.
This is an older story I am submitting it so the Liberal Fascists who may appear on site from the brad blog can see the truth! Many Democrats wish Bill Clinton still occupied the White House. However, before you put him in Mt. Rushmore, you might want to investigate his role in the mortgage foreclosure crisis. The chief aim of what I have termed the Republican Counterrevolution has always been to roll back the New Deal. Anti-gov’ment rhetoric hides this as surely as states’ rights hid racist segregation. Of all the New Deal legislation the GOP has sought to overturn, one that has always been at or near the top of the list is the Glass-Steagall Act. Ironically, a Democratic president repealed this for them. Glass-Steagall An unreconstructed Southerner from Virginia, Carter Glass shepherded the creation of the Federal Reserve System through Congress,
This really isn't a fair fight. Woods understands economics from studying the subject. It's clear Che holds his economic views without even understanding basics like supply and demand. This is a fight between a black belt martial artist, and a guy who bought a black belt at a Filene's Bargain Basement after summer sale. The Woods versus Che blow-by-blow is here.
GOP Rep. Joe Wilson of South Carolina issued a statement Wednesday night apologizing for his outburst during President Obama’s speech to Congress:
Representative Joe Wilson (R-SC) decided to help continue the delusion of the left/right paradigm.
It is now official: You are all morons. The U.S.Postal Service was established in 1775 – you have had 234 years to get it right; it is broke. Social Security was established in 1935 – you have had 74 years to get it right; it is broke. Fannie Mae was established in 1938 – you have had 71 years to get it right; it is broke.. War on Poverty started in 1964 – you have had 45 years to get it right; $1 trillion of our money is confiscated each year and transferred to “the poor”; it hasn’t worked. Medicare and Medicaid were established in 1965 – you’ve had 44 years to get it right; they’re broke Freddie Mac was established in 1970 – you have had 39 years to get it right; it is broke Trillions of dollars in the massive political payoff called the TARP bill of 2009 shows NO sign of working. And finally to set a new record:....
[Riviting ED]I recently had the pleasure of sitting down with our 44th President of the United States of America, Barack Hussein Obama, while he was out promoting his health care reform initiative. I requested 30 minutes given the scope and detail of my inquiry; they said I could have 20. Twenty minutes, 1200 seconds, not a lot of time to question the President about one of the most important events in our nation’s history. The following is a transcript of our remarkable discussion.
Charlie Sheen – Good afternoon Mr. President, thank you so much for taking time out of your demanding schedule.
President Barack Obama – My pleasure, the content of your request seemed like something I should carve out a few minutes for.
CS – I should point out that I voted for you, as your promises of hope and change, transparency and accountability, as well as putting government back into the hands of the America
The Federal Reserve's latest (through July) G19 update is out, showing consumer credit. To say that these figures are ugly would be an understatement. In fact, there is simply no way you can spin this - while this contraction in credit has to happen it has horrifying implications if our Washington policymakers don't get on the stick and deal with the underlying issues here and now instead of pretending that everything is ok or worse, try to "borrow our way to prosperity."Hiring isn't coming back any time soon either: SAN FRANCISCO (MarketWatch) -- Employers' hiring plans for the upcoming fourth quarter dropped to their lowest level in the history of Manpower's Employment Outlook Survey, which started in 1962. That needs no further explanation. President Obama is trying to kick the can again: The Senate must move legislation to raise the federal debt limit beyond $12.1 trillion by mid-October, a move viewed as necessary despite protests abou
The Federal Reserve's latest (through July) G19 update is out, showing consumer credit. To say that these figures are ugly would be an understatement. In fact, there is simply no way you can spin this - while this contraction in credit has to happen it has horrifying implications if our Washington policymakers don't get on the stick and deal with the underlying issues here and now instead of pretending that everything is ok or worse, try to "borrow our way to prosperity." Now let's add to the misery: The Social Security Trust Fund reported an August net deficit of $5.865 Billion. This is the largest monthly deficit in nineteen years. The problem here is twofold - the long-term financial shortfall for Social Security sounds awful, and it is. But its a "kick the can and turn your head" thing and has been for more than 20 years. This problem is more acute - the long-term deficit incurred by the $6 billion that had to be borrowed is some $17
What does it take to risk losing your triple-A status? For Moody's, your AAA-rating starts to become an issue once interest payments reach 10% of your revenue. Unfortunately, given rising debts and falling tax revenues, the US could hit this level as soon as 2012. While Moody's has recently stated that America's AAA isn't at risk, they have definitely started to give the US some polite nudging. WSJ: In its report Wednesday, Moody's singled out the U.S. and the U.K. as two countries that "have lost altitude" among those with triple-A ratings, but noted they remain in the group of "resilient" economies, better placed to keep their ratings intact than Spain, which it called "vulnerable."
Government was created to serve the people. Unfortunately government has gotten so big it thinks its the one calling the shots.
Zbigniew Brzezinski authors “The World is a Chess Board” Nov 17th 2008 speech, “For the first time in all of mankind humans are politically awake. These are new and old major powers face yet another reality in the same respect that is unprecedented. It is the lethality is greater than ever before. It is the lethality to impose control over the politically awake is at a historically low. I once put it rather pungently and I was rather flattered, by the British foreign secretary who repeated this namely, “In earlier times it was easier to control one million people than to kill one million people. Today is infinitely easier to kill one million people than to control one million people. It is easier to kill than to control.”
For all the billions of dollars spent and committed to fixing our economic problems, the situation is only getting worse. This was to be expected by those who understand the root causes of the problems. Throwing money around and creating more government programs is both simplistic and damaging to the economy.
Labor Day is a celebration of the efforts of America's workers. However, the celebration is hollow for millions of American workers because of compulsory unionism. Throughout the United States, over 12 million workers labor under contracts that require them to be a member of, or financially support, a union as a condition of employment. Additionally, millions of more workers are required by law to accept union bosses' so-called "representation," thereby losing the right to negotiate their own employment terms.
I have now read for a second time the testimony of the apparently credible Sibel Edmonds.Based on her testimony, the only conclusion one can reach is that a Turkish government spy ring, perhaps acting for the interests of Turkey, perhaps as a cutout spy ring acting for the interests of another country or some combination of both, has infiltrated, in a massive way, "high levels of the United States government".We are talking about the Pentagon, the State Department and Congress.It is mind boggling that there is not major league front page coverage. 24 hour cable coverage. I repeat, a very credible person who was an FBI contract worker assigned to listen in on the wire tapped conversations of Turkish spies says that those spies have penetrated the Pentagon, the State Department and Congress. (please check out his other articles as well another relates to this)
A potential diabolical depopulation scheme may be planned using Swine Flu vaccines as a killer agent.
Your bank account may not be as safe as you think (or hope).I thought the FDIC has full faith and credit backing by the US treasury? Actually, no, it does not. The language in Section 14 of the FDIC Act is clear and unambiguous (emphasis mine): (a) BORROWING FROM TREASURY.-- The Corporation is authorized to borrow from the Treasury, and the Secretary of the Treasury is authorized and directed to loan to the Corporation on such terms as may be fixed by the Corporation and the Secretary, such funds as in the judgment of the Board of Directors of the Corporation are from time to time required for insurance purposes, not exceeding in the aggregate $30,000,000,000 outstanding at any one time, subject to the approval of the Secretary of the Treasury: Provided, That the rate of interest to be charged in connection with any loan made pursuant to this subsection shall not be less than an amount determined by the Secretary of the Treasury, taking into consideration current market yields on ou
Pete Stark thinks it does! Watch Congressman Pete Stark blow up when Jan Helfeld asks him why Stark believes, "the more we owe, the wealthier we are." I also wanted to tell readers about this site. where I found this video. I find so much good information on it and it is easy and free to subscribe. http://www.chrismartenson.com/blog/daily-digest-september-5/26676 Christopher Martenson, PhD, is an American scientist who has done research in biochemistry, neurotoxicology, applied pharmacologyand in vitro techniques. He received his doctorate in neurotoxicology in the Duke University in 1994 with his thesis Acrylamide neurotoxicity: effect on neuronal growth cones and axonal fast transport, and completed a post-doctoral programme at that university in 1995–1997 where he specialised in neuronal signal transduction and transport. Martenson also holds an MBA degree from Cornell University (1998) and is a fellow of the Post Carbon Institute.
There’s no question that the taxpayer remains deep in the red. In total, $392.6 billion remains outstanding to 641 recipients ($297 billion under the TARP and $95.6 billion that’s gone to Fannie and Freddie). That total excludes the 35 companies that have returned a total of $71.6 billion. In August, the Treasury invested $129.8 million in nine banks (see our timeline for more details). It also put $10.7 billion more into Fannie Mae. The Treasury will likely invest or spend billions more. Fannie and Freddie will probably need billions more in assistance. And two major bailout programs have yet to start shelling out committed funds. Treasury plans to use up to $30 billion for its toxic securities program, which could begin this month. It has also set aside $50 billion for its mortgage modification program, which is already well underway. Under the program, participating loan servicers are only paid subsidies if the loans they modify survive a three-month trial period without defa
The Democrats and Obama helped create this Financial Crisis and are now creating another. Most people are led to believe that the fault for the current crisis rests totally on the banks. Yes they are major contributors especially since they mixed this poison throughout the financial system of the entire world. However if you watch Cops like they say there is his side, her side and the truth lies somewhere in the middle. In that vein lets examine what led to the implementation of the crisis. Back in 2005, Fannie and Freddie were, after years of dominating, on the ropes. They were enmeshed in accounting scandals that led to turnover at the top. At one telling moment in late 2004, captured in an article by my American Enterprise Institute colleague Peter Wallison, the Securities and Exchange Comiission's chief accountant told disgraced Fannie Mae chief Franklin Raines that Fannie's position on the relevant accounting issue was not even ``on the page'' of allowable
he 69th Bomb Squadron was reactivated during an activation ceremony here Sept. 3. "This adds flexibility to the Air Force Global Strike Command mission," said Maj. William L. Byers 5th OG Det. 1, Chief of Standard Evaluations."The 69th allows for an even distribution of operations tempo between the 2nd Bomb Wing and 5th BW, and at the same time supports the persistent presence in United States Pacific Command," he added. This will help refine and focus nuclear mission training for B-52 units and is part of continued Air Force efforts to reinvigorate the Nuclear Enterprise. The United States Air Force has a legacy of providing strategic capabilities as stewards of the nuclear enterprise, and is committed to conducting safe, secure and reliable nuclear operations.
California drivers can't line up to renew their licenses Friday. Wisconsin natives can't order copies of their birth certificates. Across the country, cash-strapped state governments are shutting down business for a day at a time to save money.
(maybe if we didn't have all of these laws, we wouldn't need all of these government "services?")
Charging a bank for an implicit government guarantee to absorb losses? According to the Wall Street Journal, the Federal Reserve and Treasury are demanding that Bank of America pay $500 million to exit a bailout deal that was never actually signed. That’s a nice chunk of change, but taxpayers shouldn’t be fooled into thinking this — or any other bailout — is a good deal. A very dangerous misconception is taking root in the press, that in addition to saving the world financial system, the bank bailout is making taxpayers money.
They're not criminals. They' haven't broken any laws. But an
elderly Richardson couple claims the state is holding them against
their will snd spending frivolously the hard earned money..
Investigative reporter Becky Oliver explains.
Who was the first president of the United States? Ask any school child and they will readily tell you "George Washington." And of course, they would be wrong—at least technically. Washington was not inaugurated until April 30, 1789. And yet, the United States continually had functioning governments from as early as September 5, 1774 and operated as a confederated nation from as early as July 4, 1776. During that nearly fifteen year interval, Congress—first the Continental Congress and then later the Confederation Congress—was always moderated by a duly elected president. As the chief executive officer of the government of the United States, the president was recognized as the head of state. Washington was thus the fifteenth in a long line of distinguished presidents—and he led the seventeenth administration—he just happened to be the first under the current constitution. So who were the luminaries who preceded him? The following brief biographies profile th
U.S. securities regulators missed "numerous" red flags that may have led to Bernard Madoff's
$65 billion Ponzi scheme and never did a "thorough and competent" probe
despite complaints dating to 1992, a federal watchdog has concluded.
When the political world arrives at the point where even the Japanese rise up to toss a party from office after almost 54 years in power, it's time to see something's happening here, Mr. Jones. The ever-entertaining Karl Marx described a society's least politically engaged people as the lumpen proletariat. Well, it's beginning to look as if the globe's lumpen proletariat has decided they've had about enough of the lumpen bureaucratariat. It could be a revolution under way, though not the one predicted by the boys at the barricades. To Mr. Marx, the lumpen proletariat (often slurred into a single word, lumpenproletariat) was the most marginalized, hopeless, faceless swath of the underclass. Were he alive at this moment, it is not beyond imagining that Karl would have joined the charge against what has become a lumpen bureaucratariat—the permanent, often faceless overclass of gerrymandered politicians, bureaucrats for life and the public unions and special i
Federal authorities failed to follow
through on plans earlier this year to burn away highly flammable brush
in a forest on the edge of Los Angeles to avoid the very kind of
wildfire now raging there.