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I’m a World War II veteran. I’m still fighting for the principles and values I hold dear. A Tea Party member informed me that I misquoted the Bible and that I’m generally confused. One of us is confused. You be the judge.
I look within for my answers. My answers are based on what I perceive, intuitively. Authorities conceive all manner of things, and I observe, mostly for their express benefit. I don’t believe in objective reality. From my experience, it is 100 percent subjective reality. To be successful, I find, one has to listen to his own intellect. Since I started doing this, I’ve been served very well. I think that to tell people they are confused, and misquoting the Bible, could mean they are confused.
I’m not religious. I don’t trust religion. We read in The 5000 Year Leap of 28 principles of freedom our Founding Fathers said “must be understood and perpetrated by every people who desire peace, prosperity, freedom.” The 4th Principle: “Without Religion the Government of a Free People Cannot be Maintained. . . Religion, which might be defined as a fundamental system of beliefs concerning man’s origin and relationship to the cosmic universe, as well as his relationship to his fellowmen . . . a standard of behavior distinguishing right from wrong . . .an intellectual awareness and understanding of human experience or inquiry.” The above doesn’t describe religion.
My intuition tells me that America’s government is out of control and religion is the greatest cause of misdirection. Ever since Abraham’s religion, we’ve suffered holy wars. If the above definition of religion is true, we don’t have religion; we have man’s invention of the supernatural, wherein God is on the side of the winner of bloody wars that kill millions, and leave in their wake the destruction of what man has labored hard to built, leaving us to start over, only to do the same again. My intuition tells me this could not be God’s intention.
God’s laws don’t call for passing on to future generations the sins of the present generation. Astronomical debt passed on to future generations a terrible thing to do, my intuition tells me. We have no sense of justice or right or wrong. Why do people listen to deceptive, self-serving politicians? Why do they ignore what those frauds are doing to us? They mindlessly expect their liberties to be automatic. Jesus told us of a way of life that leads to peace, prosperity, and freedom. For telling us, Jesus was in defiance of religious and secular authority. His friends would not come to his defense. Jesus was crucified.
Why are you and I held at fault for Jesus’ crucifixion? We are born in sin, because the first man and woman disobeyed God’s orders. To be forgiven and receive God’s grace, we must confess our sins—like we did when we owned slaves. How could we be so audacious and call ourselves religion? We know the truth now. We rationalized that black slaves were not capable of the freedoms whites enjoy. My intuition tells me to look within for my answers. It has worked to empower me. I read the Bible with that thought in mind. I don’t find a conflict. Is that a misinterpretation? I welcome all comments. Keep in mind that the Muslims, those who declared war on America, believe that Americans don’t deserve to live. They get their misguided notions from the interpretations of their authorities, like Osama bin Laden. History proves that Jesus’ message is the only message that works.
Today’s Americans have been steered far from the principles set forth in the Constitution. I read the Constitution and felt that voices of the past were speaking to me. Why not everyone. I never learned to obey without question. It is hard for me to image Elizabeth Smart remaining under the control of a crazy man, who raped her every day for years. She didn’t have to remain. She was mesmerized. These kinds of things happen because we are taught to obey authority without question. I didn’t obey the IRS. The IRS ended eating crow.
I’m the bane of authority. I was born to question. Were we not all? Would we have the present government had we questioned Woodrow Wilson, who was an advocate of big, powerful government and zero individual rights. We must have been mindless to have allowed Wilson, then Roosevelt, and now Obama to transform America into a totalitarian dictatorship. Obama gave rise to the Tea Party. I’m sure he didn’t expect this.
Science is just now beginning separate the mind from the brain. Unity in nature, all things being aspects of the mind, we are now beginning to see the energy that drives our struggling souls. A universe that is not conscious of itself cannot have order. How could we be here, were there not order in the universe? A material world without the universes consciousness could not be. Providence created America. It isn’t a place. It is as state of mind.
After I read the Constitution and took action against a government gone bonkers, an amazing thing happened. When everything should have gone wrong, everything started going right. There had to be a reason. It has taken me years to find it. I found it in the Bible, in The Gospel According to St. Matthew, in Jesus’ Sermon on the Mount.
All of my dreams have come true. Am I generally confused? You be the judge. Have I misquoted the Bible?
Federal judges are not appointed for life. They are appointed for a period during which they exhibit judiciary restraint and "good behavior". It is no surprise to me that judges have gone overboard in legislating from the bench. We the people have done nothing to stop or discourage them from such behavior. Do not look to the legislature to do it for you. They have a vested interest in the status quo. Instead, do that which gets their attention. Kick misbehaving judges out of their cushy jobs.
All judges, elected or appointed, are subject to the will of the people. Elected judges may be removed via a recall petition. Appointed judges may be removed via impeachment processes. In both cases, it begins with a petition.
For elected judges, circulate a petition for recall. The number of signatures required will vary by state. In most cases, the completed petitions must be sent to the Secretary of State for validation. If validated, the Secretary of State must put the recall proposition on the next ballot or call a special election to address the issue.
In the case of appointed judges, it is a little more complicated. The Bill of Impeachment must be presented by a member of the House of Representatives. The impeachment petition should be sent to a member of congress for formal presentation to the Speaker of the House. It generally goes to the House Judiciary Committee for consideration. If all is in order, the House will vote on the Bill of Impeachment. Once impeachment is a fact, the Senate votes for or against conviction. Since this process is in the hands of politicians, it is obvious that the more signatures one has the better the chance of impeachment and conviction.
Does this have any effect on the judges who remain? You betcha. Iowa removed three judges by the will of the people. The pundits lamented on how this would have a chilling effect on judges and how they do their job. DUH! That is exactly the effect we want. It serves notice on all judges that we are watching them and WILL take them to task for decisions against the public will. They work for us. It is far past time for us to rein them in.
| From: | TeaParty.org (mail@teapartyorg.ning.com)  |
| Sent: | Thu 11/11/10 7:04 PM |
| To: | xxxxxxxxx |
A message to all members of TeaParty.org
|
America has never been more divided. This is something I think about a lot. Many would say I and others who follow my line of thinking are negative, and if we continue to think my way we will surely fail as a nation.
Progressive liberals and their leader, Obama, believe the Constitution is flawed. They believe, for the good of all, that America must be transformed to collectivism, or statism: reliance on government rather than the individual. They believe they are moving America in a positive direction, and that people who think my way are trying to hold us to the past. Progressive liberals, with zero knowledge, are determined to move the nation forward; that is, to anarchy and tyranny. People who think my way are dumb to reality.
The progressive liberal idea is that after their plan is in effect, it will be shown to be the way to go, such as Obamacare. Hitler, Stalin, Castro, and Mao were progressives, many think, moving the world in a positive direction. Hundreds of millions of people were killed “for the good of all.” We can afford that, say progressives. The world is overpopulated. George Soros, who comes from a communist background, thinks any and everything can be done for the good of all.
Capitalism and collectivism aside, control is the problem. Millions of Americans have listened to Glenn Beck talk about how George Soros has used his ill-gotten billions to gain control of America, and through progressive liberal birds of a feather. According to Beck, Soros, for his own personal gain, is intent on bringing America down. He calls himself “some kind of god.” Soros is an atheist. He says he is amused at how he controls people. You could say Soros is positive and losers are negative in their thinking.
A Tea Party member informed me, in his comment to my blog, some would say a positive thinker, that I misquoted the Bible, and that I’m generally confused. I propose that he wouldn’t have made his comment had it not been for the fact that he did not look within for his answer. My reality is based on what I perceive to be true. Others base their judgments on what they conceive. They conceive of a plan to make the world better by their surface reasoning and logic.
I wonder how many octogenarians can say if life could be any better they don’t know how. All of my dreams have come true. How could that be possible? Either I’m a negative thinker or progressive liberals are negative thinkers. The proof is in the pudding. I’m a capitalist. To progressive liberals, the very fact that I’m healthy, wealthy and wise, by worldwide standards, this means that I’m a hog cheating others out of a decent existence. They’ve got George Soros, “some kind of a god,” to take me to the cleaners.
What comes around goes around. However, my mentor, Evan Harris Walker, in The Physics of Consciousness wrote, although what comes around goes around, and governed by immutable laws, we humans, with minds and individual wills are governed by other laws of nature. We have discovered that with our minds every path leads us to a structure of the universe we’ve never before realized. It is consciousness that begins everything. It is with quantum physics that we, at least Walker and I, have discovered proof that we exist as something more than matter. We are co-equals in the foundry of creation.
The observer interacts with matter. Thus, if one does not observe, one does not interact. Who is in control of what we observe? To be human is to know that the mind is our basic reality. One who is not human is subject to jumping through the establishment’s hoops; as Beck put it, a puppet, George Soros the puppet master.
As for my misquoting the Bible, the editor of my Bible, Rev. C. I. Scofield, wrote in the Introduction, “The saying that ‘anything may be proved by the Bible’ is both true and false—true if isolated passages are used. Rev. Scofield claims you are dead wrong unless the whole divine revelation is in view, which reminds me of progressive liberals. They never make it 360 degrees in their logic.
My advice: Stick with the truth, the whole truth, and nothing but the truth, and you will win.
http://videoglobalmeetings.info
President Obama’s latest dog and pony show, the highly ballyhooed Deficit Commission, today did everything possible to dramatically heighten public suspicion of government; and to increase business’ uncertainty in the country. In particular public dissatisfaction (with the idea that the home mortgage interest deduction on income taxes should be eliminated) will probably amount to open mutiny. More importantly, NO real mention of inciting a return to prosperity comes up in the revelations released today as “Chapter 1” of their proposed deficit-reduction package. Those two, prosperity and deficit cutting, MUST go hand in hand.
In a phrase, the Commission recommends gutting the Pentagon; raising taxes; and infuriating the business community and homeowners; oh, and clearly it won’t work! Let Rajjpuut remind you what does work:
1) Cut taxes. Extend all the Bush tax cuts for fifteen years and permanently establish the Bush Estate Tax as the law of the land.2) Establish a six-month income tax embargo on all business and personal income for 2011 to jump-start the economy.
3) Cut, nay SLASH, government spending 20% across the board and 25% for non-defense spending and hold that level of spending for as long as necessary until the current National debt is reduced and surplus is achieved.4) Require a balanced budget, by creating an amendment to the Constitution, and within that budget require a full new funding and gradual refunding of the lock boxes for Social Security, Medicare and both the state and federal branches of Medicaid.
5) Cut all federal salaries by 25%. Maintain those levels of government salaries and wages for fifteen years while cutting government employment by 10% in year one; 6% in year two; 5% in year three; 4% in year four; 3% in year five; 2% in year six; and 1% in year seven.6) Raise the retirement age for government workers to 68 years old immediately for all persons now aged 58 or younger.
7) Require all government workers to abide with retirement equal to social security levels. Any surpluses to be put in the social security lock-box.8) Raise the Retirement age for others to 67 years old for all persons now aged 55 and younger; and in 2019 for all persons then aged 55 and younger to 68 years old.
9) Repeal and/or defund Obamacare and start over for a real health care reform addressing costs in a realistic fashion.10) Create an intelligent bi-partisan commission without any academic personalities involved but solely made up of politicians, business people and health experts to discuss successfully cutting unfunded liabilities (Social Security, Medicare and both the state and federal side of Medicaid) with a reporting date of 2013.
11) Establish an “all of the above” energy policy and encourage the building of new refineries and nuclear power plants.12) Require all legal bills to reference the U.S. Constitution and prove the bill is justified as Constitutional.
13) Eliminate Federal Reserve Banking and make inflationary spending above 4% at any time illegal. To prevent inflation, abandon Bernanke’s evil idea of “quantitative easing” by the Fed; and abandon the artificially low interest rates Ben Bernanke has established as a means to continue the corrupt idea of “too big to fail” by which (0.25% rates) he has protected five irresponsible banks (J.P. Morgan, Bank of America, Citibank, Goldman Sachs, HSBC with an overall derivative exposure of roughly $210 Trillion; including $188 Trillion in interest-rate derivative exposure). Patriotism is not about protecting stupid banks but protecting the American citizens.
Ya’all live long, strong and ornery,
Rajjpuut
For the past century, what is about to take place in America has been planned by a tiny minority of control freaks blind to reality. They build the perfect world in their imagination and then try to force all the pieces to fit by turning both sides against the middle. America has never been more divided.
The Tea Party sprang into existence, calling for constitutional law. Said control freaks call the Tea Party Nazis and racists. I’ve a different view than anyone I know on what’s taking place. The deeper meaning—in earth as it is in heaven—first came the birth of our nation on July 4, 1776, under the sign of Aquarius, the sign of brotherhood and the pouring out of man’s spirit, with our Declaration of Independence from the old world.
In 1787, “We, the People of the United States, in order to form a more perfect union,” ordained and established our Constitution; in other words predestined our future to principles of law laid out in that sacred document, the one that Obama and company hold as flawed. Obama and company are for the good of all, the individual with zero rights. Without informing the American people of their end, as one of this minority of control freaks put it, a cross between Mother Theresa and Chairman Mao, their noble end justifies any means. Chairman Mao said a few million less Chinese was affordable. I assume the same applies to Americans.
Going back in time to Jesus’ Sermon on the Mount, pure law, in the sense that our Constitution is based on divine law, calling for righteous government, rather than splendor, ceremony, and the external demonstration of power, Jesus told us to look within, for “no man can serve two masters . . .Ye cannot serve God and mammon” (Mt. 6:24).
Jesus said, “seek ye first the kingdom of God” (Mt. 6:33), and tomorrow will take of itself, but be aware that Jesus distinguishes the kingdom of heaven from the kingdom of God. The kingdom of God is universal consciousness and moral intelligence. The kingdom of heaven is likened to the sower. Some of his seed was devoured by fowl. Some fell on stony places. Some fell in thorns. But some fell on good ground and brought forth fruit.
When I read the Constitution in 1973, my purpose was to use it against the above identified corrupt control freaks that have moved in and now impose themselves on naïve America. I’m 36 years ahead of the Tea Party. I imagined that voices of the past were speaking to me, encouraging me. To the American people, I was a “tax protester,” someone trying to get out paying my fair share. I imagined a bigger than life calling. Those who knew me thought I’d lost my mind. Mysteriously, tomorrow took care of itself. I went to sea for two years. While at sea, miracles occurred. After I left the sea, my life changed for the better. With regard to my tax protest, the IRS ate crow on the front page. Tomorrow takes care of itself when we know the power that lies within.
In earth as it is in heaven, and a state of universal consciousness, this was discovered ages back. The alignments of the heavenly bodies at the moment of our births leave us each born with a unique purpose, but with a choice. For the first 49 years, oblivious of my destiny in life, I took the path of least resistance and ended at a jumping off place, with the choice of soaring with eagles or falling into the abyss. Coincidently, at this crucial time in my life, my ruling planet, Uranus, was in opposition with itself at my birth. It meant pressure to change. I looked within for answers and mysteriously came up with the right answers for me. Regardless of what’s going on out there, my life is good.
Without first looking within for answers, as directed by Jesus and our Constitution, instead of personally acting, by allowing the above named control freaks to lead the nation down a dead end street, America is nearing the consequence. What’s next?
ELECTION 2010
Soros group wants Obama to rule by executive order
Organization cites mid-terms, claims progressives registered victory
Posted: November 08, 2010
9:04 pm Eastern
By Aaron Klein
© 2010 WorldNetDaily
 President Obama delivering his weekly address |
The article recommends that President Obama govern from executive order to push through a progressive agenda.
"Progressives won in the 2010 mid-term elections," wrote Karen Dolan, a fellow at the Institute for Policy Studies, or IPS, and director of the Cities for Progress and Cities for Peace projects based at the radical organization.
"The Congressional Progressive Caucus, the largest caucus in the House Democratic Caucus at over 80 members, emerged virtually unscathed, losing only three members," she wrote, in the piece published on the IPS website.
"By contrast, the conservative Blue Dog Democratic caucus was more than sliced in half from 54 members to only 26. Further, of the 34 conservative Dems who voted against Obama's Healthcare Reform, a mere 12 won re-election," she wrote.
(Story continues below)
Dolan declared that "our work is now finally beginning."
"The veil of a happy Democratic governing majority is finally lifted. We didn't have it then; We don't have it now. But what we do have now is a more solidly progressive bunch of Dems in Congress and a president presumably less encumbered by the false illusion that playing nice will get him a date with the other team."
She went on to recommend that progressives "throw our support unabashedly behind the Congressional Progressive Caucus, and let's push Obama to finally do the right thing through as many Executive Orders as we can present to him."
WND reported the Congressional Progressive Caucus was founded by the Democratic Socialists of America, or DSA.
Caucus member Rep. Carolyn Cheeks Kirkpatrick, D-Mich., was defeated in her primary, and just three others lost in the general election, Reps. Alan Grayson of Florida, John Hall of New York and Phil Hare of Illinois. Hall and Hare are two-term incumbents while Grayson is a freshman.
Hare drew national attention earlier this year when he was captured on video by a constituent (link: http://biggovernment.com/publius/2010/04/01/rep-phil-hare-d-il-i-do...) admitting that when it comes to health care reform, he doesn't "worry about the Constitution."
Working within Democratic Party
Demonstrating the close relationship between the DSA and the Progressive Caucus, two weeks ago WND reported the Democratic chairman of the powerful House Judiciary Committee was caught on tape meeting with DSA leaders to discuss how the group can cooperate to strengthen President Obama and advance their "one-world" plans.
Rep. John Conyers, D-Mich., who has a long history with the DSA, was recorded promoting a "one-world" government while asking the socialist group to organize against the war in Afghanistan and in support of Obama's policies.
Conyers was a special guest at a two-day convention in Detroit in March 1982 that resulted in the formation of DSA.
Conyers has spoken at numerous DSA events, including at the socialist group's national dinner in 2008, where he was the keynote.
Conyers was one of 13 founders of Congressional Black Caucus, which long has promoted far-left causes. He is the most prominent lawmaker lobbying to free Mumia Abu-Jamal, the convicted murderer of a Philadelphia police officer. He has advocated on behalf of the Marxist Nicaraguan Sandinista dictatorship and has called for the U.S. to end its sanctions against Fidel Castro's communist regime.
As WND was first to report, the DSA has been linked closely to the Democratic Party's Progressive Caucus.
Until November 2002, the website of the Progressive Caucus was hosted by the DSA. Following news reports that drew attention to the congressional website being hosted by the socialist organization, the list of CPC names was moved to the website of Sen. Bernard Sanders, I-Vt., an avowed socialist, and eventually to its own site.
The Democratic Socialists of America's chief organizing goal is to work within the Democratic Party and remove the stigma attached to "socialism" in the eyes of most Americans.
"Stress our Democratic Party strategy and electoral work," explains an organizing document of the DSA. "The Democratic Party is something the public understands, and association with it takes the edge off. Stressing our Democratic Party work will establish some distance from the radical subculture and help integrate you to the milieu of the young liberals."
Nevertheless, as WND reported, the goal of the DSA never has been deeply hidden. Prior to the cleanup of its website in 1999, the DSA included a song list featuring "The Internationale," the worldwide anthem of communism and socialism.
Another song on the site was "Red Revolution," sung to the tune of "Red Robin." The lyrics went: "When the Red Revolution brings its solution along, along, there'll be no more lootin' when we start shootin' that Wall Street throng."
Another song removed after WND's expose was "Are You Sleeping, Bourgeoisie?" The lyrics went: "Are you sleeping? Are you sleeping? Bourgeoisie, Bourgeoisie. And when the revolution comes, we'll kill you all with knives and guns, Bourgeoisie, Bourgeoisie."
Obama connected to socialist group
Top Democratic Socialists of America members have been closely linked for years to Obama.
Obama himself spoke at a forum organized by the group at the University of Chicago in early 1996 called "Employment and Survival in Urban America."
Quentin Young, considered the father of the U.S. single-payer health-care movement, is a longtime Democratic Socialists of America activist. Young has had a relationship with Obama, particularly in the 1990s, when he reportedly advised Obama on health care.
Young reportedly was present at a 1995 meeting at the home of former Weather Underground terrorist William Ayers, who was said to have launched Obama's political career.
Young has been active in Chicago socialist circles and was previously accused of membership in a communist group. In 1992, Chicago's branch of the Democratic Socialists of America awarded Young, a member, with their highest honor – the Debs Award.
In a 2008 article in the official Communist Party USA magazine, Young noted Obama previously expressed support for a single-payer universal health-care program, although he later waffled when asked about his position.
As an Illinois state senator representing a mostly black district on the South Side of Chicago, Obama publicly supported universal health care. He also co-sponsored the Bernardin Amendment, which did not pass but would have amended the Illinois State Constitution to add health care to the list of basic rights for residents.
Meanwhile, Obama spoke at the March 29, 1998, memorial service for Chicago Democratic Socialists of America member Saul Mendelson.
Timuel Black, a member activist, mediated political disputes on behalf of Obama in the 1990s and was reportedly involved in Obama's campaign committee during his successful 2004 Senate race.
Longtime member and activist Arnold Wolf was a member of "Rabbis for Obama" and has held fundraisers in his home for Obama, including a function in 1995 that was aimed at introducing Obama to the Hyde Park activist community.
Eliseo Medina, international executive vice president of the Service Employees International Union, has been honored by Democratic Socialists of America. During the most recent presidential campaign, Medina served on Obama's National Latino Advisory Council.
WND reported Medina, speaking at a 2009 Washington, D.C., conference, declared granting citizenship to millions of illegal aliens would expand the progressive electorate and help ensure a progressive governing coalition for the long term.
Here is a list of the members:
- Raúl M. Grijalva (AZ-07); won re-election
- Lynn Woolsey (CA-06); won re-election
- Diane Watson (CA-33); Replaced by Democrat Karen Bass
- Sheila Jackson-Lee (TX-18); won re-election
- Mazie Hirono (HI-02); won re-election
- Dennis Kucinich (OH-10); won re-election
- Neil Abercrombie (HI-01); chose not to run; replaced by Democrat Colleen Hanabusi
- Tammy Baldwin (WI-02); won re-election
- Xavier Becerra (CA-31); won re-election
- Madeleine Bordallo (GU-AL); won re-election
- Robert Brady (PA-01); won re-election
- Corrine Brown (FL-03); won re-election
- Michael Capuano (MA-08); won re-election
- André Carson (IN-07); won re-election
- Yvette Clarke (NY-11); won re-election
- William "Lacy" Clay (MO-01); won re-election
- Emanuel Cleaver (MO-05); won re-election
- Steve Cohen (TN-09); won re-election
- John Conyers (MI-14); won re-election
- Elijah Cummings (MD-07); won re-election
- Danny Davis (IL-07); replaced by Democrat Andre Carson
- Peter DeFazio (OR-04); won re-election
- Rosa DeLauro (CT-03); won re-election
- Donna F. Edwards (MD-04); won re-election
- Keith Ellison (MN-05); won re-election
- Sam Farr (CA-17); won re-election
- Chaka Fattah (PA-02); won re-election
- Bob Filner (CA-51); won re-election
- Barney Frank (MA-04); won re-election
- Marcia L. Fudge (OH-11); won re-election
- Alan Grayson (FL-08), lost to Republican Daniel Webster
- Luis Gutierrez (IL-04); won re-election
- John Hall (NY-19), lost to Republican Nan Hayward
- Phil Hare (IL-17); lost to Republican Roger Schilling
- Maurice Hinchey (NY-22); won re-election
- Michael Honda (CA-15); won re-election
- Jesse Jackson, Jr. (IL-02); won re-election
- Eddie Bernice Johnson (TX-30); won re-election
- Hank Johnson (GA-04); won re-election
- Marcy Kaptur (OH-09); won re-election
- Carolyn Kilpatrick (MI-13); replaced by Democrat Hansen Carter
- Barbara Lee (CA-09); won re-election
- John Lewis (GA-05); won re-election
- David Loebsack (IA-02); won re-election
- Ben R. Lujan (NM-3); won re-election
- Carolyn Maloney (NY-14); won re-election
- Ed Markey (MA-07); won re-election
- Jim McDermott (WA-07); won re-election
- James McGovern (MA-03); won re-election
- George Miller (CA-07); won re-election
- Gwen Moore (WI-04); won re-election
- Jerrold Nadler (NY-08); won re-election
- John Olver (MA-01); won re-election
- Ed Pastor (AZ-04); won re-election
- Donald Payne (NJ-10); won re-election
- Chellie Pingree (ME-01); won re-election
- Charles Rangel (NY-15); won re-election
- Laura Richardson (CA-37); won re-election
- Lucille Roybal-Allard (CA-34); won re-election
- Bobby Rush (IL-01); won re-election
- Linda Sánchez (CA-47); won re-election
- Jan Schakowsky (IL-09); won re-election
- José Serrano (NY-16); won re-election
- Louise Slaughter (NY-28); won re-election
- Pete Stark (CA-13); won re-election
- Bennie Thompson (MS-02); won re-election
- John Tierney (MA-06); won re-election
- Nydia Velazquez (NY-12); won re-election
- Maxine Waters (CA-35); won re-election
- Mel Watt (NC-12); won re-election
- Henry Waxman (CA-30); won re-election
- Peter Welch (VT-AL); won re-election
- Robert Wexler (FL-19); replaced by Democrat Tee Deutsch
With research by Brenda J. Elliott
Is “Judgment Day” tomorrow? The foolishness of our Federal Reserve Chairman, Ben Bernanke and the excesses of five “too big to fail banks” now places the entire future of America at risk . . . .
George Soros Seeks America’s Ruin
to Advance His New World Order
In the narrative that follows, two important men (George Soros and Ben Bernanke) are discussed. In fairness to Soros, he appears to be an utter scumbag who has already, via his connections to the Clintons and ACORN, helped set up America’s recent financial meltdown and potentially the upcoming one as well. That’s as fair as Rajjpuut can be. In fairness to Bernanke, he probably sees his ongoing decision as avoiding “death by saber” in preference to death by a million paper cuts. Rajjpuut would remind him that no company and no bank is literally “too big to fail” and if he were strong enough to allow five big banks to fail, that’ll probably be the best thing for the American people and the nation they love . . . let us now return to scumbag George . . . .
Billionaire currency speculator George Soros (a self-claimed ‘philanthropist’ sometimes called ‘the man who broke the bank of England’) has been quoted thusly from time to time, “Sometimes I do feel more than a little bit like God . . . it is very important for the USA to find its proper place in the New World Order . . . as things stand, the main obstacle to world stability is the United States.”
When George Soros was a 13-year old boy in Budapest, Hungary, he was a capo, a Jew set up by the Nazis to help them control other Jews. His specific job was to deliver notifications at first to Jewish farmers and businessmen and lawyers and then later to just ordinary citizens saying, they were to report to the Nazis at such and such a place, at such and such a time (to be deported to a concentration camp). George, who calls himself an atheist these days, says he feels no guilt from his collaboration but just did what he had to do to survive.
Besides making a fortune on the collapse of the British pound-sterling in 1992, George is famous as well for bringing down currencies in Slovakia, Georgia (the former Soviet SSR) and Malaysia and reportedly a few other countries where his connections are a little bit “iffy” to prove. His modus Operandi has been by using radical personalities to form a “shadow government” within the nations he targets. In our case, that Shadow Government is the ultra-progressive left of the Democratic Party.
Thanks to conspiring with Bill Clinton, ACORN, Barack Obama, and progressive American politicians everywhere, Soros seems poised to win another huge currency bet and in the case of the United States, he hopes to collect twice . . . winning tens of billions of dollars when the dollar collapses and then the ruin of the United States would bring about a giant leap forward for Soros’ New World Order led in America’s absence from the top rungs by the Chinese government’s state-capitalist/communists. Hmmmm.
Soros’ unwitting (we think?) benefactor in all this is Federal Reserve Chairman Ben Bernanke. Ben’s policy of “Quantitative Easing” (monetizing the U.S. debt by having his Federal Reserve Bank buy up treasury issues) is designed to keep interests rates as low as they’ve been in a generation . . . or even take them lower. But, but, isn’t that (combined with Bernanke’s earlier multiplying of circulating currency in the country to 15 times the September, 2008, levels) a recipe for runaway inflation and perhaps even hyper-inflation? What’s going on? Interest rates are the lowest they’ve been in 30+ years supposedly controlled by Bernanke to maintain the housing market’s fluidity and spur business investments.
The two years this policy of near-zero interest rates have been in effect; plus the nation’s massive home-buyers’ tax credit . . . business has stayed very flat and at best, housing prices have almost stabilized. Is Bernanke even less competent economically than Obama? Or could he have an ulterior motive?
Looking at business we’re not seeing capital expenditure increases or increased hiring of employees . . . just ain’t happening. Instead businesses are buying back their own stock. Why? Because the mortgage industry and the business world are both on the same page . . . the page where it reads: “This is a phony recovery.”
Compared to the spring of 2008, revenues at S&P 500 companies are 12% lower today. Expansion would be foolish under those circumstances. Businesses don’t often buy back their own stock except when a) they think the share prices are too depressed or b) they’ve got nothing better to do with the money or c) both a) and b) above are true . . . but since corporate insiders are dumping their own personal shares like rats leaving sinking rowboats . . . (insider selling/insider buying ratio during October, 2010, ranged from 210/1 up to 2000/1) implies that they believe their companies’ stock shares are way over-valued and not a bargain purchase at all, is it possible that conditions a) and c) above don’t apply here and now? And, therefore, the corporations don’t have anything better to do with their money (condition b)?
That means that Bernanke’s stated purposes are presumably a genuine crock of B.S. Why does he wish to keep interest rates so abnormally low? We return to the never-never land of derivatives and too damn big to fail. The five banks** that Bernanke and Obama have been shoring up since January, 2009 are in deep, deep, deep doo-doo. We are NOT talking chump change here . . . nominally . . .
J.P. Morgan holds derivative exposure of $73 TRillion.
Bank of America holds derivative exposure of $47.5 TRillion
Citibank holds derivative exposure of $44 TRillion
Goldman Sachs holds derivative exposure of $41 TRillion
HSBC holds derivative exposure of $2.6 TRillion
Overall, of their total derivative exposure, $188 TRillion in interest- rate derivatives is held by these five banks. Bernanke is allowing them to profit for exposing themselves to those derivatives without any risk of failure because if they fail . . . America comes close to total implosion. The recklessness of these five banks especially the first four named is absolutely intolerable. The Federal Reserve Bank’s actions have aided and abetted the worst financial malfeasance in world history. Their interest rate derivative exposure is the equivalent of allowing a terrorist to buy a lottery ticket for the opportunity to destroy the entire banking system of the world . . . yeah, you’re probably not going to lose and you get to keep his buck, but, what happens if he rolls a natural?
Banks are NOT supposed to gamble with depositors’’ money! That $188 TRillion is 13.5 times the United States’ gross domestic product and 4.2 times the GDP of the entire world. Bernanke is not protecting you; not protecting the country; definitely not protecting the dollar; and not protecting the world economy. He is protecting profit and preventing ruin for the Goldman Sachs etc. of the world who are “too big to fail” . . . in doing so, he is making tens of billions of dollars for George Soros to collect when runaway inflation hits the country and the dollar stops being the world’s reserve currency.
Is “Judgment Day” tomorrow? The foolishness of our Federal Reserve Chairman, Ben Bernanke and the excesses of five “too big to fail banks” now places the entire future of America at risk. George Soros, who is guilty of helping the progressive wing of the Democratic Party bring about the financial meltdown, is now exploiting the foolishness of Bernanke and perhaps giving a little tweak here and there by selling dollars short on the currency exchanges . . . and the big loser: you and the American Dream.
Ya’all live long, strong and ornery,
Rajjpuut
**According to the Office of the Comptroller of the Currency’s Quarterly Report on Bank Trading and Derivatives Activities for the Second Quarter 2010 (our most recent), the notional value of derivatives held by U.S. commercial banks is around $223.4 TRILLION. The five banks mentioned above account for 94% of those holdings.
Now the attacks in the past have failed, because they could not attack all small business through our government, unless they could get our government to gain more control of small business. They have successes as our government has taken unprecedented control of the American people through the current Tax code and the IRS, Obama has just hired 20, 000 more IRS agents and poised to add more.
A centralized arm to destroy American capitalism, totally against the Constitution of the United States, and the IRS is the arm Soros and others are using to destroy small business.
The answer to economic recovery and destroying the plans of soro's and those that seek the destruction of Capitalizm in America, is the restoration of the Constution, and eliminate the IRS and income tax.
The IRS and the 67000 pages of Tax Code is the sponsor of Big Government and the meeting place of those seeking to destroy the American people.
IRS is the sponsor of big Government, Fair Tax is the sponsor of Freedom.
Shut down IRS now and release all tax liabilities as unlawful full, remove all tax liens and levies. Free our citizens, 30 to 50 million Americans.
Soros can not attack all free people, but as long as the government is holding us hostage with the IRS, we are all under one rule. Free the people and Soros losses. Benjamin Franklin laza-fair Capitalizm, government hands off a free people.
In economics, laissez-faire describes an environment in which transactions between private parties are free from state intervention, including restrictive regulations, taxes, tariffs and enforced monopolies.
The phrase laissez faire and literally means "let do", but it broadly implies "let it be", or "leave it alone."
What do all of these blogs tell us? Put them all together and they paint an in-depth picture that is clear as can be. There is a reason for everything, including a reason for man—an eternal reason. We need to understand this and pass it on to our representatives, many of whom are confused.
Over the ages, we’ve developed many doctrines, dogmas, and customs, not one of which works to bring about a world at peace, in fact, to the contrary. The history of man defies reason fundamental to the law.
America’s Founding Fathers wrote our Constitution, which said in so many words that all men are created equal, and out of expedience—for the good of all—our Founding Fathers excluded black people. (It was for the good of the South’s economy.) Thus, we denied from the beginning that we were created with reason fundamental to the laws of nature. It’s a terrible mistake. Out of expedience, we place ourselves above the higher laws of nature. An example is George Soros, a man driven by wealth and power. An example is Barack Obama, a man driven by wealth and power. This cool cat President says the Constitution is flawed and he is here to transform America. The young and inexperienced and the weak and meek love it. These two wolves in sheep’s clothing are representative of a long line of power-driven Americans who have proceeded to turn our Constitution, or I should say, my Constitution into a travesty of justice.
Others don’t have a problem with the drastic change taking place. The Constitution is now whatever the vogue is and which groups control the law. If the vote were to say rape and robbery were legal, so be it. We are heading for a money crises followed by a judicial dictatorship on a par with Nazi Germany’s judiciary. Nazi stands for National Socialist Party. It doesn’t take a rocket scientist to know what is in store for the American people. Freedom is up for grabs. America is spinning the wheel of fortune.
Should we get right with the control? The name for what is taking place is “progressive.” Black’s Law Dictionary, under lawful: “The principal distinction between the terms ‘lawful’ and ‘legal’ is that the former contemplates the substance of law, the latter the form of law.” What is the substance of law? Black’s: “To say of an act that it is ‘lawful’ implies that it is authorized, sanctioned, or at any rate not forbidden.” What is legal? Black’s: “To say that it is ‘legal’ implies that it is done or performed in accordance with the forms and usages of law, or in a technical manner. . . A further distinction is that the word ‘legal’ is used as a synonym of ‘constructive,’ which ‘lawful’ is not. Thus ‘legal fraud’ is fraud implied or inferred by law, or made out by construction. ‘Lawful fraud’ would be a contradiction of terms. Again, ‘legal’ is used as the antithesis of ‘equitable.’ “ Therefore, by definition, Obamacare is the antithesis of equitable, as well as everything else Obama proposes. Obama is, by Black’s definition, lawless, of course because he is a Harvard educated lawyer.
Let us ask Harvard’s Marxist teachers of the law, the bomb throwers, Obama’s teachers, which comes first, the chicken or the egg? Authorities create the problem and the remedies, which further complicate the problem: lust for power and control. It’s the law of the jungle, the law before man’s gift, reason and logic. Hitler was legal. Harvard teaches Nazi justice, in nature, animal, the law of the jungle—might makes right—and the same for progressive government. The real definition is total control of your life, and death if you dare to make waves. The sword of Damocles hangs by a thread over America.
It is high time to stand and be counted. America’s law has been twisted and distorted by wolves in sheep’s clothing. The Tea Party is the reaction. It is essential that we know the reason for the current demise of fundamental rights, and pass on to our representatives the reason and logic of bringing our Constitution back in its original form.
After creating heaven and earth, and all other life, God created man and said, “Let us make man in our image” (Gen.1:26). “In earth as it is in heaven,” from the Lord’s Prayer, think of the real meaning. The progressive order of the universe which links together the ages, and the increasing purpose from the beginning of man to eternity, millions of people have seen UFOs. There is growing belief that we are not the only intelligent life in the universe. Furthermore, the universe is more than time and space. We have reached the threshold of a quantum leap, leaving the Age of Pisces, whose sign is two attached fish swimming in opposite directions, entering the Age of Aquarius, whose sign is the water-bearer. Our corrupt, self-serving authorities are hiding physical evidence. The United States was born under the sign of Aquarius. Aquarius is the sign of brotherhood and spiritual awakening is an omen.
With the world’s authorities leading our world to destruction, in Astrologer’s Handbook we read (under Saturn trine Pluto) that I’m able to understand the laws by which subtle forces are organized. We read that I’m able to work slowly and make fundamental and irrevocable changes in mine and others lives. Is mine the luck of the draw? It hasn’t mattered what is going on in the world. From the depth of despair, by looking within for answers, I’ve progressed to the time when all of my dreams have come true.
A Fair Tax may not be quite Laissez-faire Capitalism either, but it ismuch closer, as Fair Tax is about a 1200 page bill, and the Current TaxCode is 67000 pages, totally nontransparent, as well it is riddled withcorruption and as we see politicians play with it all the time (raise itDon't raise it) they waste the American peoples time always going overthe grocery list, and deciding how much they want to collect.
They run on elections up/ down the current Tax code is constantly in ourfaces and if you are in Business you not only pay these taxes but youare forced to pay for protection from the IRS as well. you must also doall the book keeping and accounting collecting and banking free ofcharge forced expenses, so don't tell me it only cost the tax amount, goahead and freeze the tax rate, accountants and lawyers and bookkeepingjust increase.
741,000 small businesses last yr, alone and no doubt that is much higherthis year. Small Business is close to 70% of our employment, ThisCountry has moved away from manufacturing and that will remain, we cannot compete with the wage rates around the world, but we can supportSmall Business and High Technical skills which is where we desperatelyneed to be in the future. Regulation and the IRS will prevent us fromcompeting in the world. IRS is The Sponsor Of Big Government, and FairTax is the Sponsor Of Freedom very close to the intentions of BenjaminFranklin for a Free People.
Remember where we are, it is time to act, before the economy takes it'snext big dive, and everyone is scratching their heads, saying well westopped health care and we froze the bush tax Cuts, so what happened. Wecan sell homes or cars and unemployment is going up!, It will go up, assoon as we see a slight increase for the holiday hiring and then saygood night, This is just a reminder, as I know we are moving in theright direction. Paul Balck.
By Michelle Malkin • July 2, 2010 09:59 AM
As we head into Independence Day weekend, my column today reflects onthe other “A” word missing from the immigration debate: Assimilation.
***
Assimilation and the Founding Fathers
by Michelle Malkin
Creators Syndicate
Copyright 2010
In his immigration speech on Thursday, President Obama heralded Americaas a “nation of immigrants” defined not by blood or birth, but by“fidelity to the shared values that we all hold so dear.” If only itwere so. Left-wing academics and activists spurned assimilation as acommon goal long ago. Their fidelity lies with bilingualism (a euphemismfor native language maintenance over English-first instruction),identity politics, ethnic militancy and a borderless continent.
Obama blames “politics” for the intractable immigration debate. Whosepolitics? The amnesty mob has taken to ambushing congressional officesthis week to scream at lawmakers to choose “reform” (giving a blanketpath to citizenship to millions of illegal aliens) or “racism” (theirdescription of any and every legislative measure to stiffen sanctionsfor and deter the acts of border-jumping, visa-overstaying anddeportation-evading).
Is there no middle ground for all sides to agree that clearingnaturalization application backlogs should take priority over expandingillegal alien benefits, or that tracking and deporting violent illegalalien criminals should take precedence over handing out driver’slicenses to illegal aliens, or that streamlining the employeecitizenship verification process for businesses (E-verify) and fixingoutdated visa tracking databases should come before indiscriminatelyexpanding temporary visa and guest worker programs?
Must every response to even the most modest of immigration enforcement measures be “RAAAAACIST”?
Further, as I’ve noted many times over the years when debating bothDemocrats and Republicans who fall back on empty phrases to justifyputting the amnesty cart before the enforcement horse, we are not a“nation of immigrants.” This is both a factual error and awarm-and-fuzzy non sequitur. Eighty-five percent of the residentscurrently in the United States were born here. Yes, we are almost alldescendants of immigrants. But we are not a “nation of immigrants.” (Andthe politically correct president certainly wouldn’t argue that NativeAmerican Indians, Native Alaskans, Native Hawaiians and descendants ofblack slaves “immigrated” here in any common sense of the word, wouldhe?)
Even if we were a “nation of immigrants,” it does not explain why weshould be against sensible immigration control. The Founding Fatherswere emphatically insistent on protecting the country againstindiscriminate mass immigration. They insisted on assimilation as apre-condition, not an afterthought. Historian John Fonte assembled theirwisdom, and it bears repeating this Independence Day weekend:
George Washington, in a letter to John Adams, stated that immigrantsshould be absorbed into American life so that “by an intermixture withour people, they, or their descendants, get assimilated to our customs,measures, laws: in a word soon become one people.”
In a 1790 speech to Congress on the naturalization of immigrants, JamesMadison stated that America should welcome the immigrant who couldassimilate, but exclude the immigrant who could not readily “incorporatehimself into our society.”
Alexander Hamilton wrote in 1802: “The safety of a republic dependsessentially on the energy of a common national sentiment; on auniformity of principles and habits; on the exemption of the citizensfrom foreign bias and prejudice; and on that love of country which willalmost invariably be found to be closely connected with birth, educationand family.”
Hamilton further warned that “The United States have already felt theevils of incorporating a large number of foreigners into their nationalmass; by promoting in different classes different predilections in favorof particular foreign nations, and antipathies against others, it hasserved very much to divide the community and to distract our councils.It has been often likely to compromise the interests of our own countryin favor of another. The permanent effect of such a policy will be, thatin times of great public danger there will be always a numerous body ofmen, of whom there may be just grounds of distrust; the suspicion alonewill weaken the strength of the nation, but their force may be actuallyemployed in assisting an invader.”
The survival of the American republic, Hamilton maintained, depends upon“the preservation of a national spirit and a national character.” “Toadmit foreigners indiscriminately to the rights of citizens the momentthey put foot in our country would be nothing less than to admit theGrecian horse into the citadel of our liberty and sovereignty.”
As pro-amnesty extremists moan that “we didn’t cross the borders, theborders crossed us” and illegal alien marchers haul foreign flags aboveOld Glory, President Obama pretends that the “common national sentiment”our Founding Fathers embraced still binds us all together. Many of usstill have faith in a strong, sovereign America — the unhyphenated, thelaw-abiding, the gratitude-filled sons and daughters and grandchildrenof legal immigrants for whom such distinctions still matter. But it’s nothanks to the assimilation saboteurs who put “one world” over “onenation under God.”
http://michellemalkin.com/2010/07/02/assimilation-and-the-founding-...
As Ben Bernanke Deliberately Collapses
the American Dollar, George Soros Chortles
For lack of a better name, call it the OJCP, "Obama Jobs Creation^^ Program": your money is deliberately being made worth less or worthless to spur jobs creation. The plan is that foreigners will want to get rid of dollars and buy American goods, thus creating jobs. Foreign goods will become too expensive for Americans who will decide to buy American goods instead, presto, again more jobs created here. Doesn't that sound wonderful? The chief architect of all this with Mr. Obama is Fed Chairman Ben Bernanke who is also initiating something called "quantitative easing."
The reserve currency of the entire world for lo’ these many years has been the American dollar. Within the last couple years George “The Puppet Master” Soros (the world’s 35th richest man and its single greatest megalomaniacal communist who already has thrice profited fantastically by bringing about the collapse of some nation’s currency) told the world press that a controlled devaluation of the American dollar was necessary for the good of the world community. The interview was not widely covered in this country, but his comment sent ripples throughout the world especially among those foreign governments who hold U.S. dollars. The legendary Mr. Soros who bankrolls a good ten non-profit groups involved in getting the United States into the shark-filled Cap and Trade waters, by the way, is advocating Cap and Trade** legislation as a way out of our present crisis.
Within the last 18 months, both Treasury Secretary Timothy Geithner and Federal Reserve Bank Chief Ben Bernanke swore that America would never devaluate the dollar, would never resort to inflation as a way to deal with our incredible debt, would never sabotage the American people and those who hold debt instruments from the American treasury . . . . Yep, they lied. The terms “Q1” and “Q2” are now becoming familiar to Americans who do other things than watch sitcoms and “reality” shows on TV. “Quantitative easing” has taken place in both of the last two fiscal quarters.
The Quantitative Easing which Mr. Bernanke is taking us through is a polite way to say that the government is deliberately making toilet paper of your savings, pension funds, etc. That’s what the government is doing. Rajjpuut first mentioned the German Weimar Republic back in a blog in early 2004. The astute Mr. Glen Beck of the Fox News cable network has this very month said that America is now heading for a “Weimar Moment.” The Weimar Republic was the government forced upon Germany when they lost World War I. The infamous Treaty of Versailles also forced upon Germany an impossible set of reparations payments. In order to deal with the demands from the victorious French, the Germans had to inflate their currency. The Deutsch Mark which was worth 25 cents (four DM to the dollar) in 1917 deteriorated so rapidly that in November, 1923; it took 26 Billion Deutsch Marks to equal a dollar. You may also remember November, 1923, as the time when Adolf Hitler led a group of dissatisfied individuals in the so-called Beer Hall Putsch (coup d’état) trying to usurp the government of Bavaria. The resulting trial for treason made Hitler a household name across Germany. Such are the benefits of state-sponsored inflation . . . .
In October of 2008 at the height of the financial crisis, Mr. Bernanke took it upon himself (there are virtually no limits to the power of a Federal Reserve chief’s to inflict intended or unintended pain) to begin printing up money. When he was done he’d printed up 14 times as many new bills as there were dollars previously in circulation so in total: 15 times as much money was circulating as before. In effect, the potential effect on the dollar was that the 20o9 dollar was worth 6.7 cents worth of 2008 money . . . NICE!
In the summer of 2010 when it became difficult to sell American debt instruments because foreign governments were reluctant to risk buying up dollar instruments without a much higher interest rate, the federal government in the form of Mr. Bernanke’s Federal Reserve Bank began printing again and bought up some of the Treasury instruments that were on sale, about one-third of them. This is called “monetizing debt” something you’ll recall from the top of this blog that Timothy Geithner and Ben Bernanke promised would never happen. That didn’t seem to have cured the problems so now Ben’s busy again with the printing presses and monetizing more debt a.k.a. quantitative easing . . . Q1 earlier; Q2 now. Back when Q1 was going on you might recall, Rajjpuut telling Americans to buy gold or silver because paper dollars were becoming worth less and eventually might prove worthless. Now Rajjpuut says that Americans should buy things of value like gold or silver, etc. because “worthless” is the watchword for the dollar. Of course, in ignorance the stock market investors believe Q2 is a good idea and the stock market is shooting up . . . dance while you can, boys, the bill’s coming due. Aren’t you glad “they” are looking out for us in Washington?
Here is the straight skinny and Rajjpuut crosses his heart while typing this: The crisis in the world’s finances comes down to one thing and one thing only . . . a crisis in the American dollar. The U.S. National Debt is almost $14 TRillion. Unfunded liabilities (owed by the country to the citizens) amounts to roughly $110 TRillion. We are by far the greatest debtor nation the world has ever known. While scarfing down junk food and watching American Idol a few other simple facts have escaped the good citizens . . . .
ITEM: Americans are not aware that the U.S. (private controlled central bank) Federal Reserve Bank, creates money out of thin air, is the primary cause of inflation in America, abets the politicians in their horrendous spending, and abets the creation of financial bubbles in the stock market and real estate.
ITEM: The American mainstream media (MSM) are largely “controlled” by their allegiance to the progressive elements in the Democratic and Republican parties. The MSM which did not report on Climategate when it happened one year ago, has also kept the American people ignorant of the coming crisis. Call it “mind control,” if you choose. Just five or six major corporations run the largest of the media outlets. When it comes to the broadcast media: Disney owns ABC, CBS is owned by Viacom, GE owns NBC all of whom are in bed with the progressive agenda in Washington and have a vested interest in keeping Americans entertained, dumb and happy rather than informed about the truth behind Cap and Trade and the value of their dollars.
ITEM: Not only have ultra-progressive George Soros’ words and activities gone unreported, but the IMF (International Monetary Fund) and World Bank, both have already said the dollar will be devalued. However, this has never been reported in the US media.
ITEM: President Clinton’s former economic adviser Robert Reich recently told Canadians that the U.S. dollar will collapse. Again, NOT reported.
ITEM: Collapse or “devaluation” of the dollar means a decline in the dollar’s purchasing power and a huge decline in Americans’ living standard. No one wants to hold a currency declining in value so they must demand higher prices for their goods and services and can use the dollars they receive to bid up the cost of whatever they buy from America in order to get rid of the dollars they hold as quickly as p0ssible.
Item: Today, Barack Obama made several monetary deals with India. Overtly we were told it was “a natural union between the world’s two most populous democracies.” In reality, Obama seeing that China is becoming reluctant to buy dollars was looking for a trade-partner who would be more or less forced by the agreement to keep the dollar respectfully in its hallowed place as a “reserve currency” . . . thus he hopes easing some of the pain the decline will bring to Americans by sharing that turmoil with India.
Item: The world will flee to gold, silver and other precious metals; to the Swiss Franc; and even to the recently despised Euro. Commodities of all kinds can be expected to rise in price FAST.
Ultimately what can we expect? For one thing the rest of the world understands our own crisis far more than our own leaders have informed us about it. So . . . expect a run to get out of the dollar . . . call it “hot potato economics.” People are going to be eager to discard the almighty buck and to buy whatever they can with it, rather than being the last one holding it. Of course that will happen among highly aware foreigners like the Chinese government, or the governments of Russsia, Brazil, Japan and India(?) long before the man in the street in America figures it all out. So expect a brief boom in America. And expect prices of our American products especially foodstuffs to go through the roof . . . so besides gold or silver, it might be nice to have a supply of canned and packaged and non-perishable food on hand while prices are comparatively cheap . . . as a result of these sad truths, expect huge amounts of unrest in the inner cities; expect huge amounts of problems for senior citizens and others living on fixed incomes. Expect George Soros to chortle all the way to the bank . . . .
Ya’all live long, strong and ornery,
Rajjpuut
^^Barack’s OJCP based upon devaluing the dollar is an immensely poor idea for three reasons:
#1 Inflation is tricky and can become devastating runaway inflation and even hyper-inflation destroying a civilization.
#2 When a currency as important as the dollar starts to devalue, no other country wants to import our joblessness, so you can expect demoralizing “currency wars” where dozens of nations seek to devalue their currencies and save jobs. Japan and China have received much criticism for devaluing their currencies but their money is NOT the world’s reserve currency . . . . world chaos would ensue if serious dollar deflation was allowed.
#3 Success at devaluation is close akin to success at swallowing thumb tacks and sure to “get you in the end.” Money is a storehouse of value (some call it “frozen work”) so why not attack your brand new car with a sledgehammer? The effect is the same . . . taking something of value and making it worth less or even worthless. Even if the only effect was upon imports and exports, that would be a tragic result. 19% of the U.S. economy is tied up with imports, drop the value of the dollar and 19% of what we buy becomes much more expensive.
In effect, the OJCP Obama Jobs Creation Program is just making us all much poorer. It’s not exactly sawing a lady in half to create jobs by making the country poorer . . . the magic comes from creating jobs by making us all wealthier like Donald Trump and Bill Gates do . . . not only making themselves richer; but making their stockholders richer; and their workers richer; and providing deep value to their customers. That’s the magic of capitalism which Barack so hates. Remove the minimum wage; remove health care and all benefits; make everyone on unemployment work for $5 daily and you’d have full employment in a month . . . and a much poorer nation as well for at least the three years it would take for a booming capitalism to regenerate our prosperity.
Everyone knows the following discussion is the truth . . . think of it as you ponder what you’ve learned already about the evils of devaluing the dollar:
Many have had to settle for lower wages to keep their jobs.
Many have had to settle for lower hours to keep their jobs.
Many have had to settle for part-time work to keep their jobs.
Many on part-time schedules have found themselves ineligible for the benefits they’ve formerly received.
Many have lost their jobs.
Many have lost higher paying jobs and now work elsewhere for less.
Or they've lost higher paying jobs and can only find work that pays less for mandatory unpaid overtime.
Many have had to take two or three jobs to survive working up to 90-100 hours weekly.
Many lost co-pays, deductibles, or seen eligibility times soar on their health insurance.
Many find that employers can longer match their401(k) contributions.
Many older workers have found themselves dispensible.
Many have lost their pensions.
Some workplaces where experienced older workers are valued have instituted two-tier wage systems. New hires get far lower wages and far less benefits.
Wage-freezes attack many workers in the long run as inflation eats into their present constant wage.
What does this mean? It means that anyone can create jobs by making everyone poorer, no struggle at all. The magic comes from capitalism creating not only more jobs, but better and more valuable jobs. The goal isn't just more jobs, Mr. Obama. It's about creating more jobs that pay enough to improve our living standards. Using a dramatically weakened dollar to create more jobs doesn't really help us.
** if we had Cap and Trade laws in effect right now, the immediate effect would be 67% inflation on average and inflation on food, electricity and gasoline and other necessities closer to 100%. Where does that 67% inflation figure come from? Founder and President of the Chicago Climate Exchange Richard Sandor (other influentials involved include Obama, Franklin Raines, Joel Rogers, John Ayers, Valerie Jarret, etc. and the Chicago ShoreBank supported by Hillary and Bill Clinton as well as ten or more progressive foundations financed by George Soros) put the value of Cap and Trade as an industry at $10 TRillion. In good times the real U.S. economy amounts to $15 TRillion. On paper, that means that selling blue-sky nothingness (that’s what Cap and Trade basically does) is “worth” 67% of the real U.S. economy. So in a $25 TRillion economy including Cap and Trade . . . 40% of the economy is literally “nothing” and that 40% is being stolen from the real economy by the crooks running the CCX. Note: Obama said directly in an interview with the San Francisco Chronicle that his energy plan would “bankrupt the coal industry” and “necessarily make electricity prices skyrocket.” So it’s actually far more likely in reality that the whole U.S. economy would amount to $20 TRillion and half of that economy would be Cap and Trade not only running prices up 100% but reducing the standard of living by 33% at least.
We are Americans, niether left or right, cause We Are The People
