Posts tagged ‘Ron PAul’

August 29, 2011

August 29th, 2011

Euro bail-out in doubt as “hysteria” sweeps Germany

UK Telegraph | Ambrose Evans-Pritchard

Mrs Merkel has cancelled a high-profile trip to Russia on September 7, the crucial day when the package goes to the Bundestag and the country’s constitutional court rules on the legality of the EU’s bail-out machinery.

If the court rules that the €440bn rescue fund (EFSF) breaches Treaty law or undermines German fiscal sovereignty, it risks setting off an instant brushfire across monetary union.

The seething discontent in Germany over Europe’s debt crisis has spread to all the key institutions of the state. “Hysteria is sweeping Germany ” said Klaus Regling, the EFSF’s director.

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Gold, politics, and Venezuela

Gold |

Markets were abuzz last week with Chavez’s recall of Venezuela’s gold reserves not currently held in Caracas. Bulls are excited by the thought that withdrawing some 150-200 tonnes from the Bank of England and the bullion banks will force a bear squeeze on the LBMA, where gearing between the physical and paper markets are assumed to be 100 to 1. This stretches the relationship between paper gold and physical gold even further. They are also excited by the possibility that others might follow Venezuela’s example.

These concerns are real and should not be dismissed lightly, and the announcement could not have come at a worse time for LBMA members, who also face being caught up in a European banking crisis. Fear dominates, but the real trigger for this market emotion, and therefore its outcome, is global politics. Chavez is not just recalling his country’s gold to protect its integrity, he is waging an idealist’s war against the capitalist system and the US in particular. This is why he has threatened to move gold and foreign reserves to the countries he says he trusts, principally Russia and China, and why he is proposing to nationalise Venezuela’s gold mines.

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The West Wants to take Control of Libya’s Oil Wealth

Global Research | by Prof. Michel Chossudovsky

While Libyan revolutionaries have not yet won the war in the oil-rich country, Western powers are already discussing the post-Gaddafi period on such issues as how the interim government there needs to honor its oil contracts.

In case of internal fighting in Libyan crisis, will the US and its coalition NATO allies deploy boots on the ground to protect their oil interests?

In a Press TV interview, Michel Chossudovsky, Director of Center for Research on Globalization, shed more light into the development. The following is a rush transcription of the interview:

Press TV: Western powers have said the international community will support the political transition to a free and democratic Libya: In what form will this “support” come? A “Western” democracy imposed on Libyans? What is that going to means for the Libyans? They used the same language when they attacked Afghanistan 10 years ago and Iraq 8 years ago. The US still insists it soldiers should have immunity in these countries. How will it be in Libya?

Chossudovsky: Well I think we have to understand both the nature of this military operation, the covert intelligence behind the rebels, as well as the extensive bombings of civilians infrastructure, residential areas, as well as schools, universities, hospitals which has taken place in the course of the last few months.

And particularly virtually continuous bombings, at night in Tripoli in the course of last few days. We are talking about 20,000 sorties, 8,000 strike sorties, In another words what has happened in the course of these last months, particularly in a last few weeks, is the destruction of an entire country, its infrastructure, institutions, very targeted, involving a lot of civilian casualties.

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Ron Paul calls for spending cuts before hurricane relief

Raw Story | David Edwards

The moment Hurricane Irene was sweeping through New York, Republican presidential candidate Ron Paul was calling for additional spending cuts before funding disaster relief.

The Texas congressman doubled down comments he made Friday that the nation was better off in the 1900s, before the existence of the Federal Emergency Management Agency (FEMA).

“Congressman, you would really at this point, do away with FEMA and all the things it’s doing to help hundreds of thousands of people along the East Coast?” Fox News Chris Wallace asked Paul.

“Have you ever read the reports that came out of New Orleans [after Hurricane Katrina]?” Paul laughed. “It’s a system of bureaucratic central economic planning, which is a policy that is deeply flawed.”

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Ron Paul should take Rick Perry to the woodshed

The Hill | Brent Budowsky

Rep. Ron Paul (R-Texas) should, and probably will, take Texas Gov. Rick Perry to the woodshed as America’s leading phony conservative flavor of the month, and launch the mother of all Ron Paul money bombs. While Ron Paul is an authentic libertarian Rick Perry, is a polyester political libertine who moves effortlessly from championing Al Gore to imitating Ron Paul.

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Lost in a Yemen Jail! … A DB Staffer Speaks About His Long, Strange Trip and the Secret Gulag America Has Built in the Middle East and Africa

The Daily Bell | Anthony Wile

Coming across the border of Yemen for some reason, a top Daily Bell gnome predictably (you really can’t send them anywhere) attacked a senior Yemen official with gustatory intentions. The ravenous gnome was then taken into custody and remanded to the second-most secure jail in all of Yemen, a political jail complete with dungeons, blindfolds and hundreds of incarcerated supposed al Qaeda prisoners. Foolish gnome! President Saleh’s police state was not created for his nutritional needs!

Daily Bell: We’re going to treat this interview as if we don’t know you or even, for the most part, what happened. So let’s begin with the most important question. Are you really a gnome?

Gnomish Staffer: Some days it feels so.

Daily Bell: What the hell were you doing in Yemen?

Staffer: Crossing over the border in a smuggler’s truck. They smuggle gas from Oman next door where it’s cheaper.

Daily Bell: So this is a true story?

Staffer: You can make up your own mind about the gnome – but the jail part is true. All that I’m going to relate here is the truth as I saw it and recall it. I was held in Yemen in a political jail.

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John McCain Pushed to Arm Gaddafi in 2009

The Humble Libertarian |

Could it get any more stupid than this? A new Wikileaks cable reveals that before he pushed hard for war this year against Gaddafi’s regime in Libya (by actually aiding Al Qaeda forces among the Libyan rebels with U.S. airpower ….yeah), Senator John McCain was the dominant congressional voice in pushing for military aid to Gaddafi in the form of providing lethal and non-lethal U.S. military equipment.

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Shanksville Resident Speaks Out About 9-11

American Free Press | Victor Thorn.

Has somebody actually located the spot where Flight 93—or a plane purported to be Flight 93—crashed near Shanksville, Pa. on Sept. 11, 2001? On Aug. 10, AFP’s Washington, D.C. office received a phone call from a woman in Cambria County, Pa. who will only be identified in this article as “Nicole.”

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Source: Teen in U.S. Custody in ‘Jihad Jane’ Plot

Fox News | Associated Press

A U.S. teen from Pakistan is in secret custody, accused of helping recruit terrorists for the woman known as “Jihad Jane,” a person close to the boy’s family said Friday.

Charges filed last month accuse the 17-year-old of helping Colleen LaRose in her alleged efforts to incite an Islamic holy war. Prosecutors have said LaRose was a convert to Islam who wrote of being driven by an urge to help suffering Muslims.

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9/11 After A Decade: Have We Learned Anything?

Global Research | Dr. Paul Craig Roberts

In a few days it will be the tenth anniversary of September 11, 2001. How well has the US government’s official account of the event held up over the decade?

Not very well. The chairman, vice chairman, and senior legal counsel of the 9/11 Commission wrote books partially disassociating themselves from the commission’s report. They said that the Bush administration put obstacles in their path, that information was withheld from them, that President Bush agreed to testify only if he was chaperoned by Vice President Cheney and neither were put under oath, that Pentagon and FAA officials lied to the commission and that the commission considered referring the false testimony for investigation for obstruction of justice.

In their book, the chairman and vice chairman, Thomas Kean and Lee Hamilton, wrote that the 9/11 Commission was “set up to fail.” Senior counsel John Farmer, Jr., wrote that the US government made “a decision not to tell the truth about what happened,” and that the NORAD “tapes told a radically different story from what had been told to us and the public.” Kean said, “We to this day don’t know why NORAD told us what they told us, it was just so far from the truth.”

Most of the questions from the 9/11 families were not answered. Important witnesses were not called. The commission only heard from those who supported the government’s account. The commission was a controlled political operation, not an investigation of events and evidence. Its membership consisted of former politicians. No knowledgeable experts were appointed to the commission.

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Cell Phone Deals on Craigslist

Gary North |

This was posted on one of my site’s forums. It deserves wider circulation.

* * * * * * *

If you have a cell phone contract, whether one year, two year, or whatever, you probably get discounts on phones when the contract is just about up. If you stick with the same type of phone when you upgrade, or maybe even get a higher level upgrade a bit, here’s how you can possibly pay nothing at all when you upgrade…

The last time I upgraded to a new phone for $85 total after the rebate (a smart phone at that), they wanted to buy back my old smart phone for $27. My spidy sense went off and I wondered if I get more for it somewhere else, even though I didn’t know anyone who wanted my phone. It turns out I was right…

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Why Aren’t There Urinals In Houses?

Weakonomics |

Boys, everywhere you go you use a urinal to tinkle. I counted yesterday and I used a urinal twice as often as I use a toilet. And it’s only at home when I don’t have access to one. Why is that?

Urinals use a lot less water than toilets, and most people don’t subscribe to the “if it’s yellow let it mellow” phenomenon so we aren’t getting any water conservation that way. And ladies, if you don’t know, they make urinals that don’t use any water now too.

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The Many Collapses of Keynesianism

Lew Rockwell Jr |

It should be obvious to everyone but the most dedicated adherent of Keynesianism that the stimulus did not accomplish its end. The combination of outright spending by Congress, the desperate schemes to reflate the housing market, the attempt to transfuse bleeding firms with other people’s money, and the creation of trillions in artificial money, has not done a thing to lift the US economy.

Actually, the reverse has been true. All these efforts have prevented the adjustment of economic forces to the post-boom world. And all the resources that the stimulus consumed were extracted from the private sector, for we must always remember that government has no resources of its own. Everything it does must come from the hides of private producers and the citizenry in general, in the future if not immediately.

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Ron Paul: Why a Top-tier Candidate Is Ignored by Republicans

The New American | Jack Kerwick, Ph.D.

It is hard not to be amazed by the blackout of media coverage of Ron Paul’s presidential campaign. Had Newt Gingrich, Herman Cain, Rick Santorum, Jon Huntsman, or any second-tier candidate been performing remotely as well as Paul has, he would no longer be regarded as a “second-tier” candidate. To the credit of such left-leaning outlets as Jon Stewarts’ The Daily Show and The Huffington Post, this phenomenon has not gone unnoticed by everyone.

Let’s think about this.

In spite of the extent to which Paul has been ignored by the establishment media in both of its leftist and rightist varieties, he unfailingly elicits explosive applause in every GOP presidential primary debate in which he has participated. A Fox News poll, of all places, shows that the overwhelming majority of its respondents hold that Ron Paul achieved a decisive victory over all of the other candidates in the most recent debate in Iowa. Of 7,991 “active” cities nationwide that participated in the poll, and 43,293 total votes, 27,459 people thought that Paul won the debate. Newt Gingrich came in second place — with 5, 906 votes.

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BBC Responds Over False Tripoli Footage | Steve Watson

For what it’s worth here is a response from the BBC concerning footage it ran on August 24, claiming a gathering in India, with people waving Indian flags, was actually footage of celebrations from a liberated Green Square in Tripoli:

Dear Mr Watson,

Thanks for contacting us regarding ‘Breakfast’ broadcast on 24 August on BBC One.

We understand you were concerned that incorrect footage was shown during a report on the latest developments from Tripoli, and that images from India were broadcast instead.

We forwarded your complaint to ‘Breakfast’ Editors who explained in response that they realised within moments that they were showing the wrong footage and quickly took it down.

They also apologised immediately and pointed to how the problem was caused by confusion over a “feed” coming in to television centre from the international agencies.

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August 22, 2011

August 21st, 2011

Gold, Silver SOAR, Gold Cartel In Shambles / PM Shares On The Move … Finally | Bill Murphy, Le Metropole Cafe, Inc

“The wind blows over the surface of the lake. In this way, the effects of the invisible are made visible.” … I Ching


This morning was breathtaking. As I am still having trouble getting off London/France time yet, I am still rising VERY early. This morning was worth every second of it as I watched gold blow through the 2% Rule with ease, RISING 3% at its highs of its rocket run. Speaking of rockets…

haha Bill
you gotta laugh. Do you think he is referring to those GATA rockets?!

UK Guardian Blog:

The deepening panic on stock markets has sparked new metaphors, with gold – which broke through $1868 an ounce today – being described as a “rocket ship”. Jeremy Cook, chief economist at foreign exchange brokers, World First, said:

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Juan Williams on Mainstream Media Bias, the Entitlement Culture and American Foreign Policy

Daily Bell | Anthony Weil

The Daily Bell is pleased to publish this exclusive interview with Juan Williams (left).

Juan Williams, one of America’s leading journalists, is a political analyst for Fox News, a regular panelist on Fox Broadcasting’s Sunday-morning public-affairs program Fox News Sunday, and a columnist for and for The Hill. He hosted NPR’s Talk of the Nation and has anchored Fox News Channel’s weekend daytime news coverage. A former senior correspondent and political analyst for National Public Radio, he is the author of the bestselling book Enough, the critically acclaimed biography Thurgood Marshall: American Revolutionary, and the national bestseller Eyes on the Prize: America’s Civil Rights Years, 1954–1965, the companion volume to the critically acclaimed television series. His most recent book, Muzzled: The Assault on Honest Debate, was released by Crown Publishers in late July, 2011, the main topic of which is the muzzling of honest exchange of ideas and search for solutions and compromise in America. During his 21-year career at the Washington Post, Williams served as an editorial writer, op-ed columnist, and White House reporter. His articles have appeared in the New York Times Sunday Magazine, Time, Newsweek, Fortune, The Atlantic Monthly, Ebony, Gentlemen’s Quarterly, and The New Republic.

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Merkel and Sarkozy impotent in the face of debt crisis |

Mrs Merkel and Mr Sarkozy achieved nothing last Tuesday by holding, at short notice, a meeting to sort out the eurozone sovereign debt crisis. They only succeeded in exposing their political impotence. They came up with four proposals – none of which stand a chance of being implemented – having dropped one of Sarkozy’s, the issuance of a “eurobond”, after the Germans refused to lend their name and credit to it. This charade has more to do with French presidential elections next year than anything else, and Sarkozy’s diminishing re-election prospects. Mrs Merkel must regret being dragged into it.

They have no answers for the sovereign debt crisis, which now extends beyond the PIIGS to Belgium and France as well. According to the CIA database, the only eurozone countries with budget surpluses last year were Finland and Malta; the rest have a combined budget deficit of $760bn. Germany, who everyone is relying on, accounted for $120bn of the total deficit and has a government debt-to-GDP ratio of 80%. The most solvent are Estonia, Luxembourg, Slovenia and Slovakia, three of which have not had the chance to rack up much debt having been shackled behind the Iron Curtain for much of the last century.

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The Next De Gaulle

The Daily Sun |

Our editorial yesterday in respect of Charles De Gaulle raised the question of whether someone could be found today who could talk about the monetary crisis with the sense and gravitas the leader of Free France brought to the monetary crisis that came into view in the mid-1960s. De Gaulle himself is now gone, of course, having died in 1970. He had his faults and had become, in many ways, an irritant to America. But his late career call for a return to a system of sound money that would — by virtue of being based on gold — hold all countries to the same standard is now echoing across the decades. And it turns out there is an heir to the economist who emboldened the French president to make his famous declaration.

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Study says it’s official: The media is ignoring Ron Paul

The San Fransisco Chronicle | Joe Garofoli

It’s official: There is now a nonpartisan study confirming the Great Ron Paul Blow-Off. Dude lost the Ames Straw Poll by 152 votes to uh…uh…what’s her name… but SHE got the Sunday morning chat show invites while the punditocracy treated Dr. Paul like he was Thaddeus McCotter.

You’ve heard everybody from Jon Stewart to well, Ron Paul complain about it, but now we have a study from the nonpartisan Pew Research Center to back it up. The bar graph don’t lie:

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Syria: Obama Threatens U.S. Military Intervention

Global Research | Sara Flounders

President Barack Obama on Aug. 18 demanded that Syrian President Bashar al-Assad step down, saying that the Syrian leader’s days are numbered. The governments of Britain, France and Germany joined in this demand. This statement is ablatant imperialist interference in Syria’s internal affairs. Morethan that, it is an open threat to intervene militarily in another country in that region, just as the U.S. and its European allies have done already in Afghanistan, Iraq, Libya and Somalia, with rockets and bombs. It is a threat against the Syrian peopleof something like the last five months of slaughter of the Libyan people.

Two weeks earlier, on Aug. 5, Russia’s envoy to NATODmitry Rogozin told the media that NATO is planning a military campaign against Syria to overthrow the Assadregime. In an interview with Russia’s Izvestia daily newspaper, Rogozin said the North Atlantic Treaty Organization is also probably establishing a long-reaching goal of preparing an attack on Iran. (Reported in Xinhua, Aug. 5)

When U.S. imperialism engages in an attack on any government or movement, as it is now on Syria, it is cowardly to be neutral. It is rank betrayal to stand on the same side as the imperialist octopus, which seeks to dominate the world. This has been an ABC for workers’ movements through 150 years of class-conscious struggles. It is the very basis of Marxism. Whatever one’s assessment of the government under attack, any attempt at imperialist intervention, whether through sanctions or through armed attack, must be opposed.

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Roubini, Marx, and Keynes | Gary North

Nouriel Roubini, known as “Dr. Doom” – having replaced Henry Kaufman in this capacity – now says that Karl Marx was right, according to a recent article.

Roubini teaches at New York University’s Stern School of Business. Kaufman earned a Ph.D. at the Stern School of Business. They are both very stern fellows.

I can hardly blame Kaufman for being stern. He ended his career at Lehman Brothers as the chairman of the Finance and Risk Committee. He is the author of The Road to Financial Reformation: Warnings, Consequences, Reforms (2009), also known as Do As I Say or Wind Up as We Did.

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A Not-Car Column…. | Eric Peters

Last weekend, we bought some land.

This flies against policy (our policy) of never buying anything except that which can be paid for at the time of purchase – and even though I know full-well that we won’t really own the land, just as we don’t really own the land we have (or the house that sits upon it) because owners don’t pay rent in perpetuity to the government, which we, like all “owners” must (in the form of annual property taxes) if we wish to continue to be allowed to remain on the land (and in “our”) house.


We did this deed as a way to hedge against what I am increasingly convinced is coming – the destruction of the dollar, followed about five minutes after this becomes common knowledge by the final implosion of what’s left of the American economy.

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Gold: Is It Invincible? | Morris Hubbartt

US Dollar QE Repercussion Chart

Dollar Commentary

Loss of confidence in the dollar is accelerating and it effectively sits now on what amounts to a trap door. US debt downgraded by S&P was a big story. The bigger story is the performance of the dollar in comparison to gold! Gold is being elevated back to its ultimate currency status. I think it’s fair to almost say that it is gold that has really downgraded the dollar for months, and this downgrade continues with a fury.

US Dollar Ultimate Oscillator Chart

The USD has had a rough 12 months, losing in excess of 10%. Unfortunately, the policies of the United States Government for the foreseeable future are unchanged. I expect that policy to show itself in the performance of the dollar.

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So where in the world is safe?

Sovereign Man | Simon Black

Yesterday’s letter about social upheaval received a lot of comments, and I want to address the major themes today.

First, ‘Simon the White’ wrote: “You imply that it’s not just the USA, but that all Western countries are screwed. Where will the contagion end? You appear to be arguing ‘expatriate at all costs,’ but if things are bad enough that there is rioting in the USA, where on earth will be safe?”

To summarize yesterday’s letter, I view social upheaval as a foregone conclusion– it’s already happening around the world, and is a direct consequence of deteriorating economic conditions. In the developed world, social upheaval is a gigantic pyre desperately seeking a spark.

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Donald Trump’s candidacy received three times more coverage than Ron Paul’s candidacy

The Raw Story | Eric W. Dolan

Donald Trump received over three times as much news coverage than Republican presidential candidate Rep. Ron Paul (R-TX) this year, according to a report by the Pew Research Center’s Project for Excellence in Journalism.

The report found that Trump was featured in 94 campaign stories by 52 major news outlets from from January 1 to August 14, but the same news outlets only featured Paul in 27 campaign stories.

The real estate mogul and reality television star briefly considered running for president in the spring.

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Cloudy with 100% Chance of Corporate State

Coyote Blog |

t does not appear that Rick Perry is the guy to dismantle our growing corporate state.

The LA Times investigates the big-money culture of Texas politics, which has gotten even bigger and money-er since Rick Perry became governor:

Perry has received a total of $37 million over the last decade from just 150 individuals and couples, who are likely to form the backbone of his new effort to win the Republican presidential nomination….Nearly half of those mega-donors received hefty business contracts, tax breaks or appointments under Perry, according to a Los Angeles Times analysis.

Perry, campaigning Monday at the Iowa State Fair in Des Moines, declined to comment when asked how he separated the interests of his donors from the needs of his state. His aides vigorously dispute that his contributors received any perks. “They get the same thing that all Texans get,” said spokesman Mark Miner.

Nearly half! And this doesn’t even include anything about David Nance and the largesse Perry distributes via his $200 million state-managed venture capital slush fund. Doling out political favors in industrial quantities is obviously something that isn’t frowned upon by Texas political culture, and Perry has taken it to whole new levels.

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July 20, 2011

July 20th, 2011

Thomas G. Brown |

Government Waste Money Again

$300 million dollars wasted on two ships that where never completed and never used. According to a report by The Virginian-Pilot the Benjamin Isherwood and the Henry Eckford, are destined to leave Virginia waters for good and be scrapped at a Texas salvage yard, with no money coming back to the U.S. Treasury. I know $300 million is a drop in the bucket in the amount of money the defense department wastes but this is but one example of government waste.

No Second Amendment in Baltimore

According to WBAL Mayoral candidate for Baltimore, Otis Rolley said he would, if elected, propose a $1 per bullet tax on all bullet purchases in the city. This is his way of curbing gun violence in Charm City. I guess it is beyond the grasp Mr. Rolley but for the rest of the thinking public this will do nothing but reduce the ability of the law abiding citizens from protecting themselves. Not to mention the clear violation of the Second Amendment which, affords one to protect his life, liberty, and property through arms? The gun laws in Maryland have done nothing to deter crime in the City of Baltimore. It has made easy targets of the men, women, and children who live by the law of the land while criminals run wild. Protecting people from violence is a noble goal but as a wise man once said “the road to hell is paved with good intentions”.

Ark. Town Council Bans Civic Group, New Organizations

An article from the New American caught my eye yesterday that should really not surprise anyone at this point in our history. The town council of Gould, Arkansas passed an ordinance that banned citizens groups from forming without their permission. Furthermore they have also forbidden and organization to meet with the mayor without their permission. This is a clear violation of the first amendment and freedom of assembly. The explanation for all this is that it will cut down on the friction between the council and the mayor. I have rarely seen this level of arrogance by a public servant.

Debt ceiling and the Economy.

An Associated Press article stated the following; President Barack Obama and a startling number of Republican senators lauded a deficit-reduction plan put forward earlier in the day by a bipartisan “Gang of Six” lawmakers that calls for $1 trillion in what sponsors delicately called “additional revenue” and some critics swiftly labeled as higher taxes. Well this is typical of Washington when they have a budget problem. Do we make hard choices and start living within the $200 billion a month in taxes collect on average? No we decide to add more in taxes so the spending can go on and on while incurring more debt. The unemployment numbers according to John Williams Shadow Statistics is 22.7%, or 68.1 million people are out of work.

From Stan Collender’s blog Capital Gains, and Games I don’t think the plan changes the overall situation at all unless House Republicans are suddenly willing to agree to the $1 trillion increase in taxes that they so far have been completely unwilling to do. The fact that the White House embraced the proposal so quickly may also make it hard…or even impossible…for the House GOP to get on board quickly From what I read of the plan it does nothing but make hollow promises to make cuts in the future and offering minimal cuts up front that will amount to nothing. In addition there looks to be $1 trillion in extra taxes as stated above.

Ben Bernanke is looking to add more money to the system in some form of QE3 only just a few weeks after he stated the opposite. Well typical Federal Reserve doublespeak. Promising one thing and then reneging on it just a few weeks later. Instead of continuing a problem causes by the Federal Reserve and the fraction reserve system. How about you do the best thing you can do in this situation which is NOTHING!!!! Yes, the economy will get worst in the short term but the built up poor investments that has taken place over the past two decades will start to unwind. A heroin user will start out just using a little day by day as a recreational user. But soon he will have to use more and more often to just feel normal. Before long they will need to use multiple times today to avoid getting sick. But, if they want to get better and not die of an overdose he will have to stop using the drug. This will cause a period of time where the user will be feel sick and feverish. But this is a necessary process to purge all the junk out of their system. In the long run they will be healthier and live a longer life. This is exactly what needs to be done to the economy before we overdose and the system dies.

Obama gave a speech about sacrifice on Monday when talking about debt ceiling. He stated that College loans may not be paid and Social Security may not get their checks if the ceiling was not raised. This is all a scare tactic to through you off the big picture. The government has run up huge debts in your name and is telling you to take out another credit card to pay down the interest and continue to purchase more. Congressman Paul asked this week if you would allow this arrangement to go on if your neighbor took out a mortgage and credit cards in your name and then continue to do so with the treat that if you did not acutest that the default would prevent you from purchasing goods and services. At some point we must bite the bullet and not allow the ceiling to be raised then and only then will the hard decisions be made and true and meaningful budget cuts be implemented.

Bigot and Chief

When in the hell will Herman Cain get a clue? In an article in the Personal Liberty Digest Herman Cain, a businessman seeking the Republican nod in the 2012 Presidential race, spoke out against a planned mosque Sunday. The CEO-turned-candidate said communities “have the right” to ban mosques, and to do so would not be “discriminating based upon (Muslims’) religion.” Despite the claim that he (Cain) is a strict Constitutionalist I guess he did get down to the part about freedom of religion. It is after all down in the Bill of Rights in Amendment numero uno. This guy is a former Federal Reserve Governor who sees no problem with the fraction reserve system and now apparently doesn’t mind if you discriminate on religion. In plain speak he is a dummy and should be laughed out of any serious consideration for the Republican Nomination.

Ron Paul one Day fund drive

The one day money bomb for Congressman Ron Paul’s Presidential candidate racketed up $604,100.50 yesterday on July 19th. He had just come in second place in second quarter fundraising with $4.5 million. He has been polling extremely well despite not getting much attention in the mainstream media. He has polled in the top three in many of the major polls most of the time in first or a close second. Congressman Paul has the best shot of winning that he has ever had. If you want a candidate who stands for what he believes in and will bring real meaningful change to this country than he is your candidate.

May 23, 2010

A real Fix in the Banking Industry

Thomas G. Brown

We have one last chance to stop the Restoring American Financial Stability Act of 2010 which just passed the Senate on Thursday the 20th of March by a vote of 59 to 30. This bill will do nothing except allow the Federal Reserve to have more power to print money and give it to banks but also to regulate non-banking financial institutions and break them up if they are deemed a threat. This is confirmed by a quote from a May 20th article in the Economist.

If we want real reform that will prevent the market bubbles and huge crashes there is are a few simple solutions. One would be to first pass the H.R, 1207 Federal Reserve Transparency Act of 2009 . This is the bill by Congressman R-TX 14th District. which is a real audit and not the watered down version that was passed in the Senate. This will put all the backroom deals out in the open and show once and for all that the Federal Reserve only looks out for large banking interest which has a license to steal from the American public.

Once this bill is enacted and we see the malfeasance going on we can take the next step of shutting it down and getting the control of monetary policy back in the hands of the people via the Congress. Then and only then can we get back to a constitutional monetary system backed by silver and/or gold. These powers are spelled out in Article I section 8 & 10 in the US Constitution. I money was backed by gold/silver money could not just be expanded at the flip of a switch. This simple act would have numerous benefits. Cheif would have an easier time saving for retirement. No longer would you have to enter into the stock market and risk your savings on companies and funds that you have only the word of the investment package and rating agencies to go on in terms of it’s risk. You could save your money with little fear of inflation driven devaluation.

When money is tied to a commodity you also make your elected officials work in a fiscally responsible manner. This is due to the fact that they can not just go to the Central Bank and ask them to print more money so that they can pay for legislation and tax folks via inflation. Instead the lawmaker has to ask the American people directly to foot the bill in the form a new taxes. Now we all no what happens when new taxes are discussed by an elected official. They lose their job!

Credit creation i.e. the lending of money to folks would be better managed and less folks would be in debt if we had a true gold standard again. Credit would only be offered to those who could pay for it and the market would dictate the terms of interest. Never again would we have ultra low interest rates that make it more attractive to borrow fund to pay for a house or car instead of saving for these items. Also the value of the money you save in a commodity based monetary system would not be subject to the thief by inflation that currently goes on with our fiat system.

A sound money system is our first step in turning the country around an getting back to a great economic power.

September 10, 2008

Thomas G. Brown |

As I suspected Bill O’Reilly interrupted Congressman Paul similar to the way he does to other guests on his show. Dr. Paul tried several times to explain his position on Iraq and Afghanistan and cut off an told to answer a the question directly. The problem is that the questions asked could not be answered in a one or two sentence synopsis. I hate to break it to Bill but before we invaded Iraq there wasn’t a terrorist presence. Also, Iran didn’t feel threatened before this but with our great plan to take it to our “enemies” overseas so we don’t have to fight them at home. How would we like it if China invaded Canada and then called our military a terrorist organization. In addition their navy has amassed a battle fleet of the coast of San Diego. I’m sure we would ramp up our military, increase weapons production, and create more nuclear warheads. So, why are we angered when Iran does the same thing.

As for the Iranian threat to Israel. They have over 300 nuclear weapons to defend against an attack from Iran. I understand the fear of Israel but they have one of the best military s in the world so I’m sure they could fend off any force that attacks. My guess is if they are attacked (which I highly doubt) they will be able to end the conflict on their own and quickly.

Lastly, the argument that a terror group would get it’s hands on the nuclear wepon that Iran is buliding seems a bit naive. Why after years of working to create a weapon to insure protection from attack would they give or sell it to a third party. This makes no sense and is one of the strangest reasons for attacking Iran and staying in Iraq.

September 5, 2007

Fox News Disregards own Text Message Polls

Thomas G. Brown |

I watched the debate tonight hosted by Fox News from New Hampshire and afterwards took part in their text message voting process. Dr. Paul as in the last debate started out in first place. The first response was Sean Hannity stating “oh god here we go again” referring to the lead Dr. Paul had and his close second place finish in the first Republican debate hosted by Fox News. When they spoke about the results later when interviewing Mike Huckabee, Sean decided to lie and say the reason Dr. Paul was winning was due to multiple text messaging by Ron Paul Supporters. I tested this after his comment and found you can only vote once from a phone number. In addition after the last debate held in South Carolina Fox stated they would implement a system that would only allow you to text in a vote once. So either my phone is the only one in the country that is not allowed to text more then once to this poll or Mr. Hannity is so biased he can not acknowledge that a large group of folks watching the debates agree with Ron Paul.
It was interesting to watch Sean and Dr. Paul spare about the Iran issue and sadly Sean is poorly informed and his argument was typical of what I have seen in my party. Maybe Sean should take some time off from his shows and learn the history of countries other than the US before he argues about foreign policy. This outlines why folks around the world want to harm Americans. Not for our freedoms but their lack of freedoms due to the corprotocracy.

Oh, FYI Dr. Paul won the Debate hands down according the poll 33%