Stiffroots Corner

Republic Wireless-$10 a month

noreply@blogger.com (Anonymous) — Fri, 18 Apr 2014 13:59:00 -0700

Well you can't beat $10 a month for all the calls and texts you like, no contract but that is exactly what Republic Wireless does. If you want ALL the bells and whistles it will cost you $25 a month! The only drawback is you MUST buy one of THEIR phones. The new Moto G phones are out and are on sale for $149 for a short time only. These phones run on WiFi and Sprint's cellular backbone when there isn't any WiFi available and will transfer from 1 to the other seamlessly. We just bought 2 and will let you know how they work! Using MY banner-link below, we both save a bit.

Is the US Crying out for help?

noreply@blogger.com (Anonymous) — Tue, 21 May 2013 14:09:00 -0700

I suggest ALL Americans read this by Judi McLeod of the Canada Free Press:

America’s cry for help lost in the White Noise

Back in the salad days of President Barack Obama in the Oval Office, the first sign of the coming soft tyranny against We the People should have been the roughly 2000 car dealerships forced out of business by the anti-free enterprise cabal squatting on the White House.

It was Obama’s auto task force that pressed General Motors and Chrysler to close scores of dealerships without adequately considering the jobs that would be lost or having a firm idea of the cost savings that would be achieved, an audit of the process has concluded.” (The New York Times, July 18, 2010).

This was the first visible social engineering adventure of the Obama regime and tens of thousands of jobs were lost as a result.

Back then today’s low information voters were identified as ‘The Gullible’ or ‘The Naive’, who believed that TARP (Troubled Asset Relief Program) of the Treasury Department was all about an idiotic concept known as “too big to fail”.

During the days of the TARP goose-step march through car dealerships, a complacent G.M. informed more than 2,000 dealers that some or all of their franchise agreements would not be renewed in October 2010. Chrysler eliminated 789 dealers, or about a quarter of its network, with less than one month’s notice.

“Out of work!” was about to become America’s main mantra, a mantra that continues to the present day.

According to the Times, the Treasury Department—which started the raid on car dealerships—failed to monitor the wrecking ball process.

There were cries of outrage from all sides in a rushing white noise, some more sincere than others.

Representative Darrell Isaa, outspoken Republican of California, rallied: “This sobering report should serve as a wake-up call as to the implications of politically orchestrated bailouts and how putting decisions about private enterprise in the hands of political appointees and bureaucrats can lead to costly and unintended consequences”.

Problem is that the sobering report did not serve as a wake-up call.

It’s four years later and now it is known that the IRS, has been using its power to put people out of business, purportedly unknown to the president until he “read it in the newspapers”.

Republicans Mike Kelly (PA-03) and Jim Renacci (OH-16) are circulating a letter requesting Treasury Secretary Jack Lew to release documents detailing the process and methodology the Automotive Task Force used to shut down General Motors dealerships in 2009 during the automotive industry crisis.

They’re more than four years too late.

Massive government intrusion into an already recession-bound private sector will never be resolved by letters to other politicians sent out by politicians. It won’t be stopped by pleading letters from constituents to impervious congressmen who just want to go along to get along. It won’t even be stopped as a result of bold, well-meaning statements by Darrell Issa.

If there is one thing all should have learned since 2009 it is that nothing is changing to relieve America from the clear and present danger that is Barack Hussein Obama.

No matter the talking heads, no matter the media, no matter the wailing politicians making pretty speeches, the Obama regime forges ahead, killing off all individual rights and freedoms in its obsession for the Fundamental Transformation of America.

Every new outrage from the regime falls into the same pattern. Panel debates by televised talking heads, politicians of all political stripes registering their outrage, sound bites of Obama’s droning voice played over and over again, ad nauseum.

No matter what Obama and the collectivists do, it seems there are no new member’s bills, no discernible line of action other than white noise, and talk, talk, talk.

Tyranny, the same kind that kept the people of the former Soviet Union and environs in the stranglehold of communism for 70 years, is making its way—unhampered—through the USA.

The Obama administration started off by identifying Tea Partiers, returning war vets and Christians as terrorists—and got away with it.

Now news reporters like James Rosen, a Fox News correspondent has been openly branded a “possible criminal co-conspirator” for his alleged role in publishing sensitive security information.

The only difference between soft tyranny and hard tyrannies is that in the latter, those deemed enemies of the state are jailed and killed. But a cursory read through history teaches that hard tyrannies usually got their start as soft ones.

Intensifying the clear and present danger in the current prolific White House scandals is the propaganda surrounding them.

For instance, White House spokesman Jay Carney claims that no one is more outraged at the IRS scandal than President Obama.

The only outrage seen from Obama these past four and a half years is the one he fosters for America.

And now anger has its own color according to a study due to be released in July which contends that White Americans are more likely to see Obama as angry than non-white Americans.(USNews.com May 20, 2013)

Meanwhile, America is crying out for rescue and it’s time to replace the white noise dominated by grandstanding politicians with the legal means to halt the Fundamental Transformation of America before there is nothing American left to save.

YOUR Social Security

noreply@blogger.com (Anonymous) — Sun, 31 Mar 2013 09:10:00 -0700

THE ONLY THING WRONG WITH THE GOVERNMENT'S CALCULATION OF AVAILABLE SOCIAL SECURITY IS THEY FORGOT TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY EVER COLLECTED A SOCIAL SECURITY CHECK!!!

WHERE DID THAT MONEY GO?

Remember, not only did you and I contribute to Social Security but your employer did, too. It totaled 15% of your income before taxes. If you averaged only $30K over your working life, that's close to $220,500. Read that again. Did you see where the Government paid in one single penny? We are talking about the money you and your employer put in a Government bank to insure you and I that we would have a retirement check from the money we put in, not the Government. Now they are calling the money we put in an entitlement when we reach the age to take it back. If you calculate the future invested value of $4,500 per year (yours & your employer's contribution) at a simple 5% interest (less than what the govt. pays on the money that it borrows), after 49 years of working you'd have $892,919.98.

If you took out only 3% per year, you'd receive $26,787.60 per year and it would last better than 30 years (until you're 95 if you retire at age 65) and that's with no interest paid on that final amount on deposit! If you bought an annuity and it paid 4% per year, you'd have a lifetime income of $2,976.40 per month.

Another thing with me.... I have two deceased husbands who died in their 50's, (one was 51 and the other one was 59 before one percent of their social security could be drawn. I worked all my life and am drawing 100% on my own social security). Their S.S. money will never have one cent drawn from what they paid into S.S. all their lives.

THE FOLKS IN WASHINGTON HAVE PULLED OFF A BIGGER PONZI SCHEME THAN BERNIE MADOFF EVER DID.

Entitlement my foot, I paid cash for my social security insurance! Just because they borrowed the money for other government spending, doesn't make my benefits some kind of charity or handout!!

Remember Congressional benefits? --- free healthcare, outrageous retirement packages, 67 paid holidays, three weeks paid vacation, unlimited paid sick days. Now that's welfare, and they have the nerve to call my social security retirement payments entitlements?

We're "broke" and we can't help our own Seniors, Veterans, Orphans, or Homeless. Yet in the last few months we have provided aid to Haiti, Chile and Turkey. And now Pakistan......home of bin Laden. Literally, BILLIONS of DOLLARS!!! And they can't help our own citizens in New York and New Jersey!

Our retired seniors living on a 'fixed S.S. income' receive no additional federal aid nor do they get any financial breaks, while our government and religious organizations pour hundreds of billions of $$ and tons of food to foreign countries!

They call Social Security and Medicare an entitlement even though most of us have been paying for it all our working lives, and now, when it's time for us to collect, the government is running out of money. Why did the government borrow from it in the first place? It was supposed to be in a locked box, not part of the general fund.

Sad isn't it?

A horrendous switch

noreply@blogger.com (Anonymous) — Thu, 7 Mar 2013 09:53:00 -0800

This is what has happened all over Europe and Canada and it is coming to the USA faster than you can imagine!

The following is a copy of an article written by Spanish writer Sebastian Vilar Rodrigez and published in a Spanish newspaper on Jan. 15. 2011. It doesn't take much imagination to extrapolate the message to the rest of Europe - and to the rest of the world.

THIS WAS IN A SPANISH NEWSPAPER:
"EUROPEAN LIFE DIED IN AUSCHWITZ "

By Sebastian Vilar Rodrigez

"I walked down the street in Barcelona and suddenly discovered a terrible truth - Europe died in Auschwitz ...We killed six million Jews and replaced them with 20 million Muslims. In Auschwitz we burned a culture, thought, creativity, and talent. We destroyed the chosen people, truly chosen, because they produced great and wonderful people who changed the world.

The contribution of this people is felt in all areas of life: science, art, international trade, and above all, as the conscience of the world.

These are the people we burned.

And under the pretence of tolerance, and because we wanted to prove to ourselves that we were cured of the disease of racism, we opened our gates to 20 million Muslims, who brought us stupidity and ignorance, religious extremism and lack of tolerance, crime and poverty, due to an unwillingness to work and support their families with pride.

They have blown up our trains and turned our beautiful Spanish cities into the third world, drowning in filth and crime. Shut up in the apartments they receive free from the government, they plan the murder and destruction of their naive hosts.

And thus, in our misery, we have exchanged culture for fanatical hatred, creative skill for destructive skill, intelligence for backwardness and superstition. We have exchanged the pursuit of peace of the Jews of Europe and their talent for a better future for their children, their determined clinging to life because life is holy, for those who pursue death, for people consumed by the desire for death for themselves and others, for our children and theirs.

What a terrible mistake was made by miserable Europe.. A lot of Americans have become so insulated from reality that they imagine America can suffer defeat without any inconvenience to themselves. Recently, the UK debated whether to remove The Holocaust from its school curriculum because it 'offends' the Muslim population which claims it never occurred. It is not removed as yet. However, this is a frightening portent of the fear that is gripping the world and how easily each country is giving in to it.

It is now more than sixty years after the Second World War in Europe ended. This e-mail is being sent as a memorial chain, in memory of the six million Jews, twenty million Russians, ten million Christians, and nineteen-hundred Catholic priests who were 'murdered, raped, burned, starved, and beaten, experimented on and humiliated.' Now, more than ever, with Iran, among others, claiming the Holocaust to be 'a myth,' it is imperative to make sure the world never forgets.

obama's failed green dream

noreply@blogger.com (Anonymous) — Fri, 16 Nov 2012 11:06:00 -0800

You the taxpayers are on the hook for BILLIONS of dollars and counting because of obama's dismal failure in the move from a petroleum based infrastructure to one of windmills and mirrors. In fact it is smoke and mirrors when it comes to his diatribes.The fact is that if you were to level every state in the lower 48, leaving only California and fill all that land with solar and windmills, you would still not produce enough power to keep California running.

Americans and Californians in particular need to get a grip on reality. Reality is not a concept. If you think that if the whole country went magically green overnight that it would even make a dent in the flawed theory of global warming, you are more than a few tree's short of a forest! With Chindia [China & India] building 1 coal burning plant a week EACH, there is not a chance!

Whats more, with the failure of the Fukashima nuclear power plant disaster in Japan, it sent shock-waves around the world to the point that several countries, including Japan have decided to call it quits and go nuclear free.

Germany and other European countries have passed laws that close down their reactors over the next decade or so. Some of you might welcome this, but they have to be replaced with something to make up the severe shortage of power they will experience. Do you have any idea what they are building, again, to make up that huge deficit of electricity? Well it doesn't spin, absorb or reflect. It IS black, abundant and very cheap.....yep you guessed it, COAL! On average it takes 10 coal burning plants to reach the same capacity of 1 nuclear plant and there are hundreds of nuclear power plants dotted all over Europe and Japan.

Unlike Americans, they realize that going green, won't even make up 5% of the electricity they have become accustomed to. Do you people have ANY ideas that will make up the 95% you have just taken off line? NO, of course you don't.

I would luv to take all you green thumb, tree hugging imbeciles aside and strip you of all the things that you so verbosely espouse to! Lets see, we will start with your cell phones and vehicles, then cut you off the grid and leave you with your beloved windmills and mirrors,[nope, they too took energy and mining to produce] an axe to chop wood [oops, no, can't cut down trees] so you better find something for warmth and cooking...well you can see where this is going. At this rate you better PRAY for global warming or start WALKING to the tropics and live on coconuts.

Do you still not see how absurd your cries of insane demands are? No you don't. You never will, but you will carry on with your outrageous hypocritical rants and still seem to think you have some semblance of credibility! You are a joke to anyone with a grade 3 education or higher with the exception of union run schools from whence you came.

When are we going to hear what YOUR fantastic ideas YOU have on keeping this planet running without using ANYTHING you say you hate so much? Grow up and try and do something productive with your lives that might HELP others instead of trying to take away things that most of us luv and realistically, can't live without!

Texas-The newest Country

noreply@blogger.com (Anonymous) — Fri, 20 Jul 2012 12:45:00 -0700

The Country of Texas ~ being that Texas is the only state with a legal right to secede from the Union . (Reference the Texas-American Annexation Treaty of 1848.)

We Texans love y'all, but we'll probably have to take action if Barack Obama wins the election. We'll miss you too.

Here is what can happen:

1: Barack Hussein Obama is President of the United States, and Texas secedes from the Union in summer of 2013.

2: George W. Bush will become the President of the Republic of Texas . You might not think that he talks too pretty, but we hadn't had another terrorist attack, and the economy was fine until the effects of the Democrats lowering the qualifications for home loans came to roost.
So what does Texas have to do to survive as a Republic?

1. NASA is just south of Houston , Texas . We will control the space industry.

2. We refine over 85% of the gasoline in the United States .

3. Defense Industry--we have over 65% of it. The term "Don't mess with Texas," will take on a whole new meaning.

4. Oil - we can supply all the oil that the Republic of Texas will need for the next 300 years. What will the other states do? Gee, we don't know. Why not ask Obama?

5. Natural Gas - again we have all we need, and it's too bad about those Northern States. John Kerry and Al Gore will have to figure out a way to keep them warm....

6. Computer Industry - we lead the nation in producing computer chips and communications equipment -small companies like Texas Instruments, Dell Computer, EDS, Raytheon, National Semiconductor,Motorola, Intel, AMD, Atmel, Applied Materials, Ball Microconductor, Dallas Semiconductor, Nortel, Alcatel, etc, etc. The list goes on and on.

7. Medical Care - We have the research centers for cancer research, the best burn centers and the top trauma units in the world, as well as other large health centers. The Houston Medical Center alone employees over 65,000 people.

8. We have enough colleges to keep us getting smarter: University of
Texas , Texas A&M, Texas Tech, Texas Christian, Rice, SMU, University
of Dallas , University of Houston , Baylor, UNT ( University of North
Texas ), Texas Women's University, etc. Ivy grows better in the South anyway.
9. We have an intelligent and energetic work force, and it isn't restricted by a bunch of unions. Here in Texas , it's a Right toWork State and, therefore, it's every man and women for themselves. We just go out and get the job done. And if we don't like the way one company operates, we get a job somewhere else.

10. We have essential control of the paper, plastics, and insurance industries, etc.

11. In case of a foreign invasion, we have the Texas National Guard, the Texas Air National Guard, and several military bases. We don't have an Army, but since everybody down here has at least six rifles and a pile of ammo, we can raise an Army in 24 hours if we need one. If the situation really gets bad, we can always call the Department of Public Safety and ask them to send over the Texas Rangers.
12. We are totally self-sufficient in beef, poultry, hogs, and several types of grain, fruit and vegetables, and let's not forget seafood from the Gulf. Also, everybody down here knows how to cook them so that they taste good. Don't need any food.

13. Three of the ten largest cities in the United States , and twenty- three of the 100 largest cities in the United States , are located inTexas. And Texas also has more land than California , New York , New Jersey , Connecticut , Delaware , Hawaii , Massachusetts , Maryland , Rhode Island and Vermont combined.

14. Trade: Three of the ten largest ports in the United States are located in Texas .

15. We also manufacture cars down here, but we don't need to. You see, nothing rusts in
Texas, so our vehicles stay beautiful and run well for decades.

This just names a few of the items that will keep the Republic of Texas in good shape. There isn't a thing out there that we need and don't have.

Now to the rest of the United States under President Obama: Since you won't have the refineries to get gas for your cars, only President Obama will be able to drive around in his big 5 mpg SUV.The rest of the United States will have to walk or ride bikes.

You won't have any TV as the Space Center in Houston will cut off satellite communications. You won't have any natural gas to heat your homes, but since Mr. Obama has predicted global warming, you will not need the gas as long as you survive the 2000 years it will take to get enough heat from Global Warming.

Signed,
The People of Texas

P.S. This is not a threatening letter - just a note to give you something to think about!

SLEEP WELL TONIGHT - THE EYES OF TEXAS ARE UPON YOU!!

JW Sues Fed for Records Detailing U.S. Taxpayer Bailout of European Banks

noreply@blogger.com (Anonymous) — Sat, 14 Jul 2012 10:29:00 -0700

Why on Earth is our government sending billions upon billions of dollars overseas to bail out European banks?

That question is at the center of a new Judicial Watch investigation as we continue our effortto force the Obama administration to come clean on all aspects of the ongoing bailouts - which began five years ago and, despite what some politicians may tell you, never really ended.

On Tuesday we sued the Board of Governors for the Federal Reserve System and the Federal Open Market Committee (FOMC), a committee within the Federal Reserve, for records detailing the Fed's December 2011 taxpayer-funded bailouts of European Banks.

But wait a moment...

Didn't Federal Reserve Chairman Ben Bernanke sayin a December 14, 2011, meeting with Senate Republicans that he lacked the authority to use taxpayer dollars to bail out troubled European banks? Yes, he reportedly did just that.

However, a "currency swap" program extended by the Fed on November 30, 2011, led to nearly $95 billion in loans to the European Central Bank in December 2011 alone.

Let's take a look at how this "swap" works.

Under what is known as a "temporary U.S. dollar liquidity swap arrangement," the Fed lends U.S. dollars to foreign central banks which then auction these dollars off to their local banks. The Fed's stated intent for initiating the program was to ease lending for European banks during the financial crisis.

The Fed initiated the program in December 2007 and allowed it to expire in February 2010. In May 2010, the Fed rebooted the program and on November 30, 2011, extended it through February 1, 2013. This extension prompted a sharp increase from $400 million to $95 billion in loans in December 2011.

How is this different from any other run-of-the-mill bailout? It isn't. And that's why we want to uncover as many details as possible about why these swaps are taking place and under what circumstances.

On January 3, 2012, we submitted Freedom of Information Act (FOIA) requests seeking communications between the Federal Reserve Board of Governors, the FOMC, the Federal Reserve Bank of New York and the European Central Bank related to the November 30, 2011, currency swap extension. We also want access to records describing the justification for extending the currency swap program, as well as individual details regarding each swap transaction.

Moreover, given that little information is available to the public regarding the identities of the recipients of currency swap funds, Judicial Watch also seeks, "any and all records identifying, describing, or setting forth the identity of any bank or financial institution and the collateral offered by the bank or financial institution," between December 5, 2011, through December 31, 2011.

Here's why this last request is important, per Bloomberg:
For all the transparency forced on the Federal Reserve by Congress and the courts, one of the central bank's emergency-lending programs remains so secretive that names of borrowers may be hidden from the Fed itself.

As part of a currency-swap plan active from 2007 to 2010 and revived to fight the European debt crisis, the Fed lends dollars to other central banks, which auction them to local commercial banks...While the transactions with other central banks are all disclosed, the Fed doesn't track where the dollars ultimately end up, and European officials don't share borrowers' identities outside the continent.

The Federal Reserve Bank of New York reports that, as of March 31, the European Central Bank had $33 billion in outstanding swaps. The secrecy of these arrangements has beencriticized by Gerald O'Driscoll, a former Vice President of the Federal Reserve Bank of Dallas, as "bailing out European banks and, indirectly, spendthrift European governments. It is difficult to count the number of things wrong with this arrangement."

Regarding our basic FOIA request, the Federal Reserve Board of Governors and the FOMC can't say it was "lost in the mail." The stonewalling is intentional. Both entities acknowledged receipt of our records request on January 3, 2012, and were required by law to respond by February 1, 2012. However, as of the date of Judicial Watch's lawsuit, neither defendant has submitted a lawful response to Judicial Watch's original FOIA request.

Chairman Bernanke can dress it up in whatever language he chooses, but these "currency swaps" are nothing more than massive bailouts of European banks. That we have to sue to get basic information about this massive bailout speaks volumes about the dubious nature of this under-the-radar program.

But this secrecy is not altogether surprising considering that we have had to sue the "super transparent" Obama administration for records related to the bailout/government takeover of U.S. companies. At this point, with trillions of dollars now committed to this Big Government takeover of the private sector, we still do not have any answers regarding the legal justification used to authorize the bailouts.

No Congress voted to bail out Europe. And no president, let alone this one, signed a law authorizing such a bailout. From the beginning, the bailouts have been marked by contempt for the rule of law. And, now, with a massive secret bailout of "Europe" underway, there seems to be no controlling legal authority for our nation's central bank and the politicians who refuse to seriously police the Fed's activities. Judicial Watch aims to change that and bring sunlight and the rule of law to this out-of-control government operation.

From Judicial Watch, which we fully support here.

Will Government Motors go bankrupt again?

noreply@blogger.com (Anonymous) — Thu, 21 Jun 2012 12:16:00 -0700

The Story No One Tells About One of America's Biggest Bankruptcies

The GM situation is a microcosm of what's gone wrong in our country.

In the June issue of my Investment Advisory, I argued that the bankruptcy process resolved none of GM's core problems. The process was subverted by the political establishment, which sought to protect one class of citizen at the expense of the regional economy, GM's bondholders, and its customers.

If we can't apply the rule of law and sound economics to fixing one of the world's most important manufacturing concerns… it doesn't bode well for anyone else being afforded these privileges, either.

That's why it's so important for you to understand what happened.

Most people simply don't realize that the bailout of GM wasn't a bailout of the company. It wasn't a bailout of its shareholders, who lost everything… or its bondholders, who lost almost everything. Where did the money go? To the union. The United Auto Workers (UAW) ended up with all the money.

Let me show you how…

GM slid into bankruptcy primarily because it couldn't profitably manufacture cars. (Yes, there were plenty of other issues, like too much debt, investments in subprime mortgages, etc. But the primary reason it couldn't solve these other problems was that it hadn't been making routine profits from manufacturing cars in about 20 years.) And the biggest single reason it couldn't profitably make cars was because its labor costs had soared.

Well, guess what? At $56 per hour, GM still has the highest labor costs in the industry.

The bankruptcy process didn't deal with the biggest financial hurdle GM faces, which is an enormous (and growing) unfunded pension liability. When the company entered bankruptcy, it owed $20 billion to the trust that was established to pay for the health care of its retired workers. Its pension program, with $100 billion in obligations, was also underfunded by roughly $10 billion. That's $30 billion in legitimate claims, which the union had to present to the bankruptcy court on behalf of GM's employees.

It could have received a mixture of cash and equity in the new GM – just like any other unsecured creditor. But there wasn't really a bankruptcy court. Instead, there was Steve Rattner – "the Rat," as we call him – the crooked Democratic political operative under investigation for bribing New York State pension officials. Obama made him the "car czar."

His job wasn't to fix GM. It was to deliver billions to the union and, thus, deliver Michigan for Obama in the next election.

Bondholders at GM were owed $30 billion, too. A legitimate bankruptcy would have sold or liquidated the company's assets and split the proceeds between the two major claimants, the bondholders and the unions. GM had roughly $20 billion in tangible assets, plus probably another $10 billion in intellectual property. These sums could have either been liquidated or put into a new company, with the equity split between bondholders and unions.

Not surprisingly, the current market cap of the new GM is $34 billion, right around the same number that could have been raised in a liquidation. The bankruptcy court should have given the unions roughly $15 billion worth of cash or new equity and the same thing to bondholders.

Everyone would be square. And the company (or at least the company's assets) would have been freed from the stranglehold of huge debts and pension obligations.

Taxpayers shouldn't have paid a dime in this process because, frankly, it's none of our business.

Remember… the purpose of bankruptcy isn't to repay creditors. They're screwed. They're not getting all their money back because they bet on the wrong horse. That's how capitalism works. That's the price of liberty – you're free to make bad choices.

The purpose of bankruptcy is to free productive assets from the burden of debts that can't be repaid or refinanced. We do this because it's good for society, not because it's good for creditors. Had the bankruptcy been handled legitimately, GM's assets would have ended up in the hands of better entrepreneurs. Its workers could have found new, productive jobs at a rate the market would bear. (Other carmakers are paying $47 per hour – these aren't bad jobs.)

Yes, GM's retirees, its pension program, and its bondholders would have taken a hit. But they wouldn't have walked away empty-handed. They would have been the owners of a profitable company, operating debt-free and without the burden of almost endless obligations to a pension fund.

But that's not what happened. Instead, the government injected an amazing $50 billion into the company and, at last count, has lost roughly half of it.

How did taxpayers lose $25 billion on a company whose total tangible assets were only worth $20 billion? How did bondholders lose almost all of their $30 billion, too? And most importantly, how did our country end up with a GM that can't earn a genuine profit because of never-ending obligations to its pension fund?

I think you probably know, dear subscriber. The Rat did what he was being paid to do. He delivered billions and billions of dollars to the union… amounts that will never be recovered… billions that will never be found.

Here's what we do know about where the money went… Bondholders got 10% of the new GM – about $4 billion worth of stock at the time of the IPO. However, they weren't allowed to sell until much later, so that value dropped about one-third by the time they could have actually liquidated. Thus, bondholders ended up getting about 10 cents on the dollar. The unions, on the other hand, got paid 100% of the pension liability – about $10 billion, which was simply passed onto the new GM and has now grown to $13 billion.

In addition, the union's health care trust got 17.5% of the new equity (worth about $6 billion), plus $9 billion in preferred stock and notes. These securities are not only worth more, but they will also likely end up with essentially all the company's cash flows for the next decade.

In total, the unions walked away with about $28 billion in cash and stock (out of $30 billion owed). Not surprisingly, that's almost exactly the amount of money that's gone missing from the government's accounts. The union also retained a position of absolute control over the company's earnings.

In short, the unions got paid 93% of what they were owed and will likely continue to have a legal claim to virtually all of GM's cash flow. The bondholders got a few pennies. The taxpayers lost $25 billion. And GM still can't make a real profit. Bravo!

I'm sure folks as virtuous, thrifty, and honest as the good people of the UAW will prove to be excellent stewards of GM's assets and reputation. Surely, GM's future has never been brighter. And Obama's legacy as the savior of Detroit is assured…

By the way… the numbers above are all real. Most of the stuff you see reported about GM is not. There's a good reason for this, of course… The government continues to own a large portion of GM's stock, and GM is one of the largest advertisers in the U.S.

Nobody wants to take on those two powerful interests.

Take, for example, what Morgan Stanley's GM analyst, Adam Jonas, told the Wall Street Journal earlier this month… He claimed GM had gotten rid of 20% of its roughly $100 billion total pension obligation by spending only "$3 billion." Imagine if that were true!

If the company was able to resolve $20 billion in obligations by spending $3 billion now, well… that would dramatically improve the financial standing of the business and probably double or triple its stock price. Strangely, that's not what happened. Instead, the credit ratings agencies warned they "might" have to downgrade GM's debt. And the share price continued to fall…

I don't know Adam Jonas. And I don't know that the paper is quoting him fairly. But whatever the case, nothing could be further from the truth.

GM unloaded $26 billion in future pension liabilities by contributing $25 billion in pension fund assets, $1 billion in cash, and paying $3 billion in an insurance premium. So what actually happened is that the company put virtually all of its earnings – $4 billion – toward its pension (again) and saw the total unfunded liability drop by a mere $1 billion, from $14 billion to $13 billion.

Assuming the rest of these liabilities could be extinguished at the same rate, it would cost GM roughly $50 billion to wipe out all its remaining pension liabilities. Strangely, neither Jonas nor the Wall Street Journalsaw fit to mention that part…

I'll leave you with these two simple questions…

If we can't count on the media to keep us informed about the major problems of our country's most important companies… and if we can't count on the government (which still owns 26% of GM's equity) to deal with its pension obligations honestly and fairly… what does this say about the likely future prospects of GM? What does it say about our country?
By Porter Stansberry

Does obama take responsibility for ANYTHING??

noreply@blogger.com (Anonymous) — Mon, 30 Apr 2012 09:48:00 -0700

Am I the only one that has noticed that this president needs a lesson in responsibility? Has anyone EVER heard him take responsibility for anything? Ok he has taken kudo's for things that were NOT of his doing, like the southern leg of the XL Pipeline and the fact that there are more oil rigs running now than ever before. Lets look at those 2 for a second:

That leg of the pipeline has NOTHING to do with the federal gov. only the states. So even if he said no, it would go thru anyway!

More oil rigs than ever-by his own words it takes 4-5 yrs. to come on line. Thank-you Mr. Bush.

Oil coming out of FEDERAL land has declined 20+% under his watch

All those oil rigs are on PRIVATE and STATE lands, in which he has NO say period!

Those are just 2 and I could go on for hrs. Lately he has decided it is speculators that are to blame for the high price of gas. Are you seeing the pattern here? He blames everyone and everything on others. Now thats my kind of leader...leading from the rear! That is exactly what the office of President of the US is and has ever been! Read this from my fellow blogger, Dr. Ileana Johnson Paugh:

Are Speculators to Blame?

Economic fear, intimidation, threats, empty promises, and glaring misinformation are some of the tools used to rally support for this administration’s failing policies and to pander to its voting base

The Obama administration masterfully manipulates the politics of fear and obvious misinformation through speeches and a compliant media to rally its voting base and to justify its destructive policies that have brought this economy and our country to its knees.

Are Republicans the reason why students cannot get affordable student loans? Is the federal government not in charge of the student loan program? Why is college tuition so high, textbooks and tiny dorm rooms so expensive? Why do college graduates have 25 percent unemployment under President Obama’s administration? What good is the ability to get a low interest college loan if you cannot find a job when you complete your degree?
Are oil speculators the reason why we pay high gas prices at the pump? Has President Obama not promised that under his watch energy prices will necessarily skyrocket, coal plants go bankrupt, and gasoline will rise to $10 a gallon, following the European model? Has Secretary of Energy Chu not stated, they must find ways to push gas prices even higher than the current price?
Supply and demand are crucial determinants of the price of oil. Other variables such as a crisis and turmoil in the Middle East can cause real oil shortages or increase the fear of shortages. That is why oil futures contracts were invented, bought and sold by speculators.
Speculators can estimate the demand for oil and plan accordingly. They can lose or gain money based on too much demand and little supply or too much supply and little demand. They buy futures contracts to smooth out unexpected price changes. They never take delivery of gasoline; they hold contracts worth 42,000 gallons each.
Keynesian economists agree that speculators sell protection from risk to other people and smooth out price fluctuations by purchasing oil when it is abundant and cheap, holding the contracts and reselling them when oil is scarce and expensive. Speculators, in this economic view, “play an important role in alleviating and even preventing shortages of oil.”
Independent oil producers and OPEC, the best-organized cartel in the world, can increase or decrease output. A cartel’s decision is always collusive and often counterproductive to the goals of our economy. U.S. makes cartels illegal within our borders, in the interest of the free market, but they are legal elsewhere.
Speculators make money by betting on price moves, some willing to take the risk and some willing to avoid it. The price of future contracts is influenced by political events, economic news released by the government, and natural disasters.
The government releases economic data, sells Treasury bills, or creates new policies that influence the price of futures contracts for both natural (oil) and financial commodities (derivatives).
Speculators themselves can have a temporary influence on commodity prices by a sudden demand for a contract either sparked by rumors, inside information, or other factors that drive the price up or down. (Kenneth M. Morris and Virginia B. Morris)
Speculators operate in a “zero sum market.” For every person who makes a dollar, another person loses a dollar. Speculators trade in order to make money, they are not interested in acquiring oil or holding it, they purchase contracts. Speculators gamble on price changes, they buy contracts when they think prices are low and sell when they think prices are high.
According to Kevin Freeman, oil-price manipulation by speculators on the futures market in 2007 when oil was $50 per barrel to $150 per barrel in 2008 occurred without a disruption in supply. Supply actually increased slightly. “Daily paper trades at the New York Mercantile Exchange were seven times higher than the actual oil used.” If you accounted for all other exchanges, Chicago, London, Dubai, other markets, trades of oil speculators may have been 50 to 100 times that of oil used. Producers and consumers had no change in production levels or consumption patterns.
Dr. Mark J. Perry, Professor of Economics and Finance at the University of Michigan, said, “Market forces, not speculators, are the main determinants of oil prices and all other commodity prices. “A large number of scientific studies have failed to produce any credible evidence that high oil and gas prices were caused by the presence of financial investors in oil futures markets.”
“The Obama administration is mistaken in attributing high oil and gas prices to the presence of financial investors in oil futures markets.” (CNN editorial, Professor Lutz Kilian)
Joseph Kennedy (D-MA) argued that, because of speculators, “today’s oil prices of about $100 a barrel have become disconnected from the costs of extraction, which average $11 a barrel worldwide.” The fact that it is physically and economically impossible to extract oil for $11 a barrel is lost on Representative Kennedy. (John Hinderaker, Energy Policy)
Sen. James Inhofe (R-OK) criticized the EPA’s “philosophy of enforcement” to “crucify” and “make examples” of oil and gas companies like the “Romans crucified random citizens in areas they conquered to ensure obedience.” EPA engaged in smear campaigns against natural gas producers in Pennsylvania, Texas, and Wyoming, claiming that the use of hydraulic fracturing caused water contamination, without providing scientific proof. After threats of steep fines and overt intimidation, the EPA backtracked, but the public’s perception of danger and fear was already entrenched. (Craig Bannister)
Economic fear, intimidation, threats, empty promises, and glaring misinformation are some of the tools used to rally support for this administration’s failing policies and to pander to its voting base. Are progressive Americans so dim, chanting gleefully in a propaganda style reminiscent of communism, eager to vote for the demise of their own freedom and economic independence? Are the taxpaying residents of Realityville, America hoping against all odds that they will out-vote the mesmerized and satisfied welfare recipients who want more communism?

The EPA is KILLING this country

noreply@blogger.com (Anonymous) — Mon, 30 Apr 2012 09:45:00 -0700

The unelected, overpaid, self-proclaimed, law enforcing treehugger crew, the EPA [Employment Prevention Administration] and their red-tape, over-regulating, business strangling ways are killing this country and any hope of a recovery anytime soon! Read this from fellow Blogger, Alan Caruba:

We are witnessing the destruction of the nation by the environmental movement and the EPA has just provided you with the most dramatic example of that plan

The EPA Wrecking Ball

The Environmental Protection Agency is using its power to advance the objective of the environmental movement to deny Americans access to the energy that sustains the nation’s economy and is using the greatest hoax ever perpetrated, global warming—now called “climate change”—to achieve that goal.

“This standard isn’t the once-and-for-all solution to our environmental challenge,” said Lisa Jackson, the EPA administrator, “but it is an important commonsense step toward tackling the ongoing and very real threat of climate change and protecting the future for generations to come. It will enhance the lives of our children and our children’s children.”

This is a boldfaced lie. Its newest rule is based on the debasement of science that is characterized and embodied in the global warming hoax. It will deprive America of the energy it requires to function.
Since the 1980s the Greens have been telling everyone that carbon dioxide was causing global warming—now called climate change—and warning that CO2 emissions were going to kill everyone in the world if they weren’t dramatically reduced. The ball was put in motion with the United Nations 1997 Kyoto Protocols when many nations agreed to this absurd idea and carried forward by the United Nations Intergovernmental Panel on Climate Change ever since.
The Environmental Protection Agency was created to clean the nation’s air and water where it was deemed that a hazard existed. Like most noble ideas and most Congressional mandates, the initial language was vague enough to be interpreted to mean anything those in charge wanted it to mean. Add in the global warming hoax and you have the means to destroy the nation.
Now it means that the source of fifty percent of all the electricity generated in the United States is being systematically put out of business and please do not act surprised; that’s exactly what Barack Obama said he intended to do if elected President.
This is evil writ large.
Shutting down utilities that use coal, an energy source the U.S. has in such abundance that it could provide electricity for the next hundreds of years, and ensuring that no new ones are built fits in perfectly with all the Green pipedreams about “renewable” energy. Solar and wind presently provide about two percent of the nation’s electricity and, without government subsidies and mandates requiring their use, they would not exist at all.

How stupid is it to not build more nuclear power plants when this form of power doesn’t emit anything but energy?
How stupid is it not to use coal when the U.S. is the Saudi Arabia of coal?
How stupid is it to begin to find reasons to regulate and thwart fracking, the technology to access trillions of cubic feet of natural gas that has been in use for decades?
How stupid is it to cover miles of land, far from any urban center, with hundreds of solar panels or huge, ugly wind turbines that kill thousands of birds every year?

The sun does not shine all the time, nor does the wind blow all the time. In the event of overcast skies or a day without wind, traditional plants—those using coal, gas, nuclear or generating hydroelectric power—have to be maintained as a backup. Take away the coal-fired plants and there were be huge gap in the national grid.
Darkness will descend and Americans will begin to live with blackouts and brownouts that will undermine every aspect of our lives. It’s bad enough when a town or even a city briefly loses power because of a storm, but imagine that occurring on a regular basis because there just aren’t enough utilities generating power!
What kind of people stand by idly while its own government conspires to take away the primary source of energy that everything else depends upon? The answer? You. The answer is the many elected politicians that have done little to rein in a rogue government agency intent on undermining the nation by denying it the ability to generate power with the least expensive source of electricity, coal.
The EPA, an unelected bureaucracy, has just ensured that all Americans, industries, small businesses, and individuals will begin pay far more for electrical power.
Richard J. Trzupek, the author of “Regulators Run Wild” and an environment policy advisor for The Heartland Institute, said of the new rule, “With around 50,000 megawatts of coal-fired power set to be forcibly retired in the next few years—thanks to the draconian policies of Obama’s EPA—this rule ensures that no new modern, efficient coal fired power plants will be built to fill the gap.”
In a triumph of crony capitalism, Trzupek notes that “The big winner will be Obama’s good friend, GE Chairman Jeff Immelt. Since solar and wind cannot fill a 50,000 megawatt baseload gap, the only way to ensure continued reliability of the grid is to build a lot of natural gas-fired plants quickly. And who is the biggest supplier of natural gas-fired combustion engines? GE of course.”
If you think that environmental organizations like the Sierra Club and Friends of the Earth, among many others, are seeking to “protect” the Earth, you are seriously mistaken. They have been among the leading opponents of coal and they have had allies in Congress such as the Majority Leader of the Senate, Harry Reid, (D-NV) who has said “Coal makes us sick. Oil makes us sick.”
NO! Coal provides the engine of our nation’s electrical power and oil provides the energy that fuels our transportation and is the basis for countless products that enhance and improve our lives every day.
We are witnessing the destruction of the nation by the environmental movement and the EPA has just provided you with the most dramatic example of that plan

Princess Pelosi Chief Facilitator in Selling Off America to UN

noreply@blogger.com (Anonymous) — Tue, 27 Mar 2012 09:23:00 -0700

For those of you not familiar with the UN [Useless Nazi's] Agenda 21, you had better start doing some homework on it very quickly. In short terms it means "collective rights trumping individual rights". Like the Liberals in Canada, taking away individual property rights, to doing away with the American Bill of Rights all together! Not only will you lose your individual rights and freedoms [what's left of them] you won't be allowed guns for protection or survival or have ANY say on what you can or can't do with your property! Read this from fellow Blogger Judy McLeod:

If the March 15 executive order, signed by Obama intended to make the all-encompassing United Nations Agenda 21 the law of the land, could be put into fairytale script, it would go something like this:
A long time ago while all were struggling through Life on Earth, a cunning politician soon to be made infamous by the immortal words “we have to pass the bill so that you can find out what is in it” as ObamaCare was being forced on an unwilling public, was working an evil plan through a doofus Congress.

The accepted fake image of the United Nations as a warm fuzzy blanket could now be used to smother all facets of freedom, and the deed could be done before most even knew it was happening.
The cunning politician who starred in in this true story is more responsible than any other living person for the smothering UN blanket known as Agenda 21.

“A long time ago” in this nightmare fairytale come true was August 5, 1992. That’s the day when Nancy Pelosi (CA) introduced a concurrent resolution in Congress (H.Con. Res. 353), dictating that the United States of America should reform all domestic and foreign policy to adhere to the agreements, develop a national strategy to implement Agenda 21, and regularly report to the United Nations our progress on that path. (freedom21santacruz.net).

“Undaunted by slow going in Congress, Nancy Pelosi returned to the house floor on March 29, 1993, and introduced a joint resolution (H.J. Res 166) to renew the call for the United States “to assume a strong leadership role in implementing…Agenda 21 and other Earth Summit agreements.”

Pelosi eventually gathered 67 co-sponsors for her bill, about half of whom are still collecting Congress pay checks to this very day.
Pelosi’s revolutionary resolutions were picked up by an incoming President Bill Clinton, who on June 14, 1993, with only six months in office, signed an executive order establishing the President’s Council on Sustainable Development (PCSD)—which would carry out the exact functions called for in Pelosi’s earlier resolutions.

Frick and Frack, once Pelosi and Clinton, is now Pelosi and Obama.
The transition could be seen in full view some 19 years later when on March 15, 2012, President Barack Obama issued an Executive Order creating the White House Council on Strong Cities, Strong Communities. As venerable Internet writer Henry Lamb points out, “the next day, another controversial Executive Order, National Defense Resources Preparedness, vastly expanded the President’s power to control virtually all resources in times of emergency”.

With the worldwide creep of Agenda 21, it becomes easier to see that for all of his arrogant bravado, Barack Hussein Obama is just another cog in the big wheel when it comes to handing control of the USA over to the control-crazed UN.
In looking back on how America tragically began losing its very sovereignty, it becomes easy to understand why Pelosi wears a perpetual smirk as she antagonizespatriots trying to slow down and hopefully halt the promised Fundamental Transformation of America.

Major distractions have always had a big part to play in the Decline of America.
The history of how America was lost includes a president whose Monica Lewinsky antics took public attention away from what really mattered most and a smirking Nancy Pelosi, who after laying out the groundwork for Agenda 21, went on to become the most spite-driven House Leader of all time.

While Clinton’s impeachable distraction was Lewinsky, Obama’s distractions include bowing to America’s enemies, and running an administration from the luxury of holidays.
Before morphing into the blanket that began smothering life on earth as we know it, the United Nations traversed to the top of the power ladder via the astroturfed vision of being the world’s, innocent, warm, fuzzy blanket.

With all the cunning of the Marxist dialectic, the UN continues to hide its agenda behind long forgettable names like the International Council for Local Environment Initiatives (ICLEI) and the International Union for Conservation of Nature (IUCN), like all UN derivatives as evil in intent as they are benign sounding. Lost in all the politically correct rhetoric is the fact that ICLEI was created at the behest of the UN expressly for the purpose of advancing Agenda 21 around the world.
Older in intent than even Pelosi, since 1995 these two organizations have been working ‘round the clock to force Agenda 21 on the masses by converting it into irrepealable binding international law.

Tea Party leaders beware: propagandists pushing the claim that Agenda 21 is just a “conspiracy theory” advanced by right-wing crackpots (Henry Lamb, Canada Free Press, March 24, 2012), are lining themselves up as available speakers for Tea Party gatherings.
With all the lies masquerading as truth in an astroturfed world, it is sometimes difficult to recognize the Agenda 21 players for who they really are.

Few clarify them as aptly as anothervoice.com which states: “Very important to understand. The United States has already been given over to the One World Government. It is not coming, the USA is absolutely in it now. Also very important to understand, whether it is palatable or not, no election or politicians will change anything. Every politician is a facilitator, whether they understand or not. No politician can ever operate outside of this system. It matters not what level. From city councils to mayors to governors to representatives to senators, all they will ever be able to do is implement “the decisions of the Council”. (The White House Council on Strong Cities, Strong Communities issued as Obama’s March 15 Executive Order).

While it sounds as if society has been contained like house flies in a tightly capped bottle, and even with 600 of the 1,200 cities around the world having already joined ICLEI for their assistance in implementing “sustainable development”, it is not too late for citizen-member groups who are fighting final implementation of Agenda 21.

These include Freedom21, Freedom Advocates in California, the American Policy Center, Tea Parties, 9/12 and property rights groups, among others.
These groups recognize politicians as the facilitators of Agenda 21.
There can be little doubt that more would fight the implementation of Agenda 21 if only they knew about it.

Both recognizing and identifying Agenda 21 ‘facilitators’ is crucial before it passes from its current testing the water stage to its subsequent legally-binding treaty.
Meanwhile if Agenda 21 could be represented in a folk song, it would be called This Land is Their Land.

Global Warming Imbeciles Backtrack!

noreply@blogger.com (Anonymous) — Fri, 24 Feb 2012 10:13:00 -0800

Well the left-wing nut global warming so-called scientists have been made to look so ridiculous with their very biased, extremely skewered kindegarten science that they are now taking another approach! Lets see what they are trying to cram down our throats now! This is from a brilliant lady that tells it like it is. This is from Dr. Ileana Johnson Paugh's Blog:

After global warming has been debunked, omniscient environmentalists changed their rhetoric to global cooling and now to climate-change. Of course, the climate has been changing back and forth for thousands of years without human input, but environmentalists have now noticed because it justifies their man-as-culprit agenda. How else could a minority impose their omnipotent will on the majority?

Because 30,000 readings of temperatures around the globe have shown the earth as cooling since 1997, Al Gore and his supporters have changed their talking points from global warming to climate-change.

Record-low temperatures in parts of Eastern Europe caused death tolls from Ukraine to Romania. Two meters of snow covered villages and towns in Romania, such as Buzau, forcing occupants to leave their homes through the roof. Mountains of snow trapped people in their homes and many are feared dead. The waters of the Black Sea froze quite a distance from the shore. Wave protection dams froze in the port of Constanta.
In the meantime, in Virginia, the Middle Peninsula Planning District Commission was making municipal preparations for sea-level rise caused by climate change. According to the Washington Post, “a well-organized and vocal group of residents has taken a keen interest” in the proceedings, opposing planners and politicians who promote man-made global warming.

“The residents’ opposition has focused on a central point: They don’t think climate change is accelerated by human activity, as most climate scientists conclude.” (Washington Post)
The truth is that most scientists do not conclude that climate change is caused or accelerated by human activity. One thousand scientists, some of whom had received the Nobel Prize in science, took a one-page ad in the paper stating their disagreement with the faux proclamations of global warming.

Darryl Fears describes the area as having “historic geological issues.” “A meteor landed nearby 35 million years ago, creating the Chesapeake Bay Impact Crater. In addition, a downward-pressing glacial formation was created during the Ice Age. These ancient events are causing the land to sink, accounting for about one-third of the sea-level change, scientists say.” How science can ascertain with such accuracy the one-third cause of sea-level change is as suspect as the premise that global warming/climate-change is man-made.

Municipal planners redesigned the area as a future flood zone. Officials, who use name-calling to discredit the opposition, called the citizens against the plan, “activists acting on a hoax.” The hoax in question is UN Agenda 21.
“Agenda 21 is the least thing they should be worried about,” said Patty Glick, senior climate-change specialist for the National Wildlife Federation, “It has no legal or policy implications for local governments in the United States.” Yet 600 communities around the U.S. are members of the International Council on Local Environmental Initiatives (ICLEI), the implementation organization of UN Agenda 21.

According to Shereen Hughes, a former planning commissioner in James City County, “The uprising against smart growth is ridiculous and a conspiracy theory imagined by fear mongers.”
“In Gloucester County, planners sat stone-faced as activists took turns reading portions of the 500-page UN Agenda 21 text, delaying a meeting for more than an hour.” (Washington Post)

As usual, progressives find the opposition of conservative citizens annoying because they object to ideas and smart growth plans that Americans never voted on or agreed to.
“Agenda 21 is an agenda in name only, environmentalists say.” If UN Agenda 21 is a “conspiracy theory,” environmentalists are spending vast fortunes and UN resources trying to implement it across the globe, with conferences in Rio attended by 179 countries and thousands of delegates both in 1992 and in June 2012.

If UN Agenda 21 is a figment of the Agenders’ imagination, why did President Clinton sign Executive Order 12852, creating the President’s Council on Sustainable Development to translate UN Agenda 21 into public policy administered by the federal government? Why did the President’s Council create the first “Sustainable America” with 16 ‘we believe’ statements with the end goal to abolish private property, control education, control and reduce population, and control the economy?

In the absence of a global treaty to reduce carbon dioxide emissions, a gas that plants need to grow, environmentalists have now switched to two other possible shorter-term culprits that “drive climate change,” methane and soot, also called black carbons.
The suggestion to slow global warming is simple, say Brian Vastag and Juliet Eilperin, “to get people in Uganda and India to adopt cleaner-burning stoves,” and to convince farmers in third world countries to plow agricultural waste under instead of burning it. Could we also cork volcanoes from burping ash occasionally into the atmosphere?

According to Washington Post, computer simulations by a 24-member international team claim, “reducing methane and soot would slow global warming dramatically – by almost a degree Fahrenheit – by the middle of the century.” I am skeptical of this precision since meteorology science cannot even accurately predict what the temperatures will be tomorrow.

The U.S. has spent $60 million to support methane reduction projects overseas and pledged $50 million more, including $5 million to the Arctic Council Initiative to reduce black carbon emissions in Russia. (Emily Cain, State Department)
“Environmentalists have always had an agenda to put nature above man. If they can find an end to their means, they do not care how it happens. If they can do it under the guise of global warming and climate change, they will do it.” (Donna Holt, Virginia Campaign for Liberty)

Chantell and Mike Sackett’s not yet built dream house in the Idaho Panhandle has become the latest battleground against the EPA and the enforcement of the Clean Water Act. According to developers, corporations, utilities, libertarians, and conservative members of Congress, their fight has become a prime example of the EPA’s “abominable bureaucratic abuse.”

The Supreme Court will decide on the four-year battle (Sackett v. EPA) over the 0.63-acre lot, located in a subdivision with sewer hookup, a lot deemed wetlands by the EPA. The EPA has an “important environmental mandate which we don’t deny, but the agency is out of control and has been for some time.” (Damien M. Schiff, the Pacific Legal Foundation)

Whether it is EPA onerous powers over wetlands or environmentalists affecting local planning and redesigning properties as flood zones, we are fighting a war against federal regulations and against the implementation of UN Agenda 21 mandates.

Is the Government Going to Crash the Stock Market?

noreply@blogger.com (Anonymous) — Tue, 31 Jan 2012 07:08:00 -0800

Trying to figure out where this president, a communist posing as a socialist is taking this country is becoming more clear after every campaign speech! He is following the direction of a scumbag called Saul Alinsky, page by page!

First- command the mainstream media, CBS, ABC, NBC, MSNBC, CNN, PBS and Bloomberg are already his left wing campaign broadcasters!
Second- cause civil unrest across the country, obama, reid and princess pelosi have made it very clear they are behind the "occupy Wall St." anarchists!
Third- make people dependent on government, we now have almost 50% of the population on some form of government subsidy in which they feel entitled. Try taking that away!
Fourth- crash the economy, well actions speak louder than words in this very ANTI-business, high taxing, regulation strangling administration!

We are now in the fourth and final part of this 100 year progressive campaign. It all started with the creation of the Fed, something our founders fought long and hard, tooth and nail to NOT allow to happen! Read this so you will know what is happening before most others:

Is the Government Going to Crash the Stock Market?

OK all you conspiracy theorists… dust off your aluminum foil hats and get out your J.D. Salinger novels. The government is going to push stock prices lower.

The U.S. Treasury is going to be auctioning off another series of 30-year bonds on February 9. If this auction goes off like the last three have, stock prices are in for a rough time. Stocks sold off ahead of each of the three previous 30-year U.S. Treasury bond auctions.

Now normally, I'm not a big believer in the government manipulation of stock prices. It probably does happen – just not to the extent that most of the folks in the "ham-radio" community think it does.

But let's face it… The government needs investors to buy its bonds to help keep interest rates low. And what better way to encourage demand in bonds than to orchestrate a stock market selloff just ahead of a bond auction?

Think about this…

The government auctioned off $13 billion in 30-year bonds on November 10. The S&P 500 peaked above 1,280 just 10 days prior… and then bottomed at 1,230 the day before the auction.

In December, the S&P 500 hit 1,260 early in the month. Then it declined 4% in five trading days… bottoming at 1,210 on December 14 – the day the U.S. Treasury auctioned $16 billion in 30-year bonds.

January's action was less obvious. As all conspiracy advocates know, it's just like the government to try to be less obvious. Stocks didn't decline much ahead of the January 12 auction of $13 billion in 30-year bonds. But the market did fall hard the morning of the auction.

So there you have it… Three auctions… three stock market drops.

Interest rates have been rising recently as folks have taken money out of Treasurys in favor of better returns in the stock market. But the Treasury needs to somehow motivate investors to bid for at least $13 billion in 30-year bonds on February 9. I can't think of a better way to coax investors back into the Treasury market than to have stocks fall hard in the early days of February.

Normally, it would seem absurd to think the government is actively manipulating stock prices. But given all the shenanigans the Fed has pulled over the past three years – and given the stock market action just before the past three bond auctions – it's almost absurd not to consider the possibility.

The market is already poised for at least a short-term pullback. Investor sentiment (a contrary indicator) is overwhelmingly bullish. Stocks are extended to the upside after rallying 5% already this month. And the Volatility Index (or "VIX") is on the verge of reversing higher.

The upcoming Treasury bond auction is just one more reason – albeit a bit of a conspiracy theory – to be a little cautious with stocks here.

Of course, once we get the February 9 auction out of the way, the stock market rally can continue. And we can get back to more important things… like looking for President Kennedy's real assassin.

Beware the IRS Amnesty

noreply@blogger.com (Anonymous) — Sat, 14 Jan 2012 08:11:00 -0800

Beware the IRS Amnesty

By Bob Bauman JD, Chairman, Freedom Alliance

Imagine this very real and somewhat disturbing scenario…

You open your front door to an official looking gentleman, briefcase in hand, who says: “I’m from the IRS and I’m here to help you.”

Well, your natural reaction may be fear, then perhaps concern, then disbelief – the last because you know your visitor’s statement ranks with other classic assurances such as, “The check is in the mail,” and the dentist’s “This won’t hurt.”

Well, it’s back…

To the surprise of some tax experts with whom I talked, U.S. Internal Revenue Service Commissioner Douglas Shulman a few days ago “reopened the Offshore Voluntary Disclosure Program (OVDP) to help people hiding offshore accounts get current with their taxes,” as he so artfully phrased it.

The real reason behind reopening the OVDP may be Shulman’s questionable claim that the IRS has collected more than $4.4 billion so far from the two previous tax amnesty programs in 2009 and 2011.

Now they want more.

Of course, the dutiful American “news” media swallows all this IRS numbers baloney without question. For them, it’s a lot easier than thinking and checking accuracy.

Nothing but a Numbers Game

But that’s a little beside the point. Even if the IRS really did collect $4.4 billion owed in its two most recent amnesty programs, let’s compare that amount to the total tax collected by the IRS in 2009, the latest year for which the always-behind-the-times IRS has numbers.

The total tax collected in 2009 was around $2.7 trillion. So the $4.4 billion collected in late offshore taxes figures out to be 0.16% of the total.

Gasp! Wow! And how many millions did the IRS spend collecting this magnificent sum that might finance the running of the U.S. government for a few hours at best?

Anyway, few tax experts believe that Shulman’s numbers are reliable. (If you want a refresher course on that last 2011 IRS tax “amnesty,” which was more tax than amnesty, check out the expert opinion of my colleague, Mark Nestmann.

The total number of 2011 amnesty filers was “more than I expected,” said Mark Matthews, a Washington, DC-based tax attorney and a former IRS deputy commissioner. But those who came forward, Matthews said, are “still only a fraction of the people who have these (offshore) accounts.”

A Regime of Perpetual Punishment

And so now a new continuous and possibly unending IRS collection program of offshore back taxes takes its place alongside other IRS collection programs, only the penalties are far worse.

The new program, according to the IRS press release, has “…no set deadline for people to apply. However, the terms of the program could change at any time going forward” and “the IRS may increase penalties in the program for all or some taxpayers or defined classes of taxpayers – or decide to end the program entirely at any point.” (A calculated scary threat!)

I believe this latest IRS tax “open door for sinners” is based on a manufactured myth.

The IRS and a flock of big spending leftist U.S. politicians, Obama included, has perpetrated the myth that almost all American's engaged in offshore banking or other financial activity are probably tax evaders.
That big lie fits nicely with Obama’s 2012 re-election class warfare campaign to convince the 50% of Americans who pay no taxes that he won’t let them bear the burden of the other half who he claims aren’t paying their fair share.

When the HIRE Act legislation created the inane Foreign Account Tax Compliance Act in 2010, the congressional Joint Committee on Taxation estimated that the new law would raise only $8.7 billion over 10 years, not the $100 billion that Obama claimed could be collected every single year!

Be Very Careful

As with past IRS amnesties, this latest program will require delinquent taxpayers to give full details of past arrangements, identify banks and promoters and pay all back taxes plus interest. Any binding IRS guarantee that criminal charges won’t be filed is unlikely.

Evaluations will be on a case-by-case basis, depending on whether the taxpayer fully cooperates in the investigation.

The publicity generated by the successful efforts of the IRS to pry information out of Swiss banking giant UBS and pending investigations of a number of other offshore banks has led to many “quiet disclosures” by U.S. taxpayers.

This occurs when a taxpayer simply files amended returns and forms, and pays all back taxes and interest, plus penalties. That route may be available to some under the new program.

The question is: Should you participate?

The answer is “maybe,” but only after you consult with a qualified tax attorney (not an accountant). This arrangement provides attorney-client privilege for your discussions. The attorney can retain an accountant to prepare the necessary returns if you decide you should participate in the program. Never contact the IRS on your own!

obama and the price YOU pay for gas

noreply@blogger.com (Anonymous) — Sat, 31 Dec 2011 08:06:00 -0800

If you can remember when Senator obama was running for President, one of his major campaign promises was on the price at the pumps! He said that gasoline at $3+ a gallon was seriously hurting American business and how he would change that. The fact that this, along with almost every other promise he made is and was a LIE, should come as NO surprise after seeing how low he has brought this country in 3 very long, financially draining years.

Under Bush the average price of a barrel of oil was $35 a barrel and gas averaged $2.10 a gallon, under obama it is $96 a barrel and $3.52 a gallon! Now I know that the POTUS has minimal power over the price of oil [this didn't stop the dems calling for the head of Bush on a platter when it briefly went to $144 a barrel, nor did they give him credit when he brought back down to $33 a barrel BEFORE he left office] but he has gone out of his way to keep gas ABOVE $3 a gallon.

His EPA and tree-hugger supporters have gone out of their way to shut down every refinery expansion, nuclear expansion, pipeline expansion and are now moving against natural gas, fracking, and shale gas/oil development. He and his cronies have lost hundreds of billions of YOUR tax dollars on subsidies for windmills and solar panels and bio fuels. If you took away the bio-fuel subsidies alone the price of corn [which is in 1/2 the food products in this country] would fall by half and the money he is taking from big oil to help pay for this would take a $1.50 of the price of a gallon of regular gas alone.

Not only did he say we have to stop relying on hostile foreign countries for our energy needs [another lie] by turning down CANADA, our biggest trading partner proves this, he is keeping the price of fossil fuels deliberately high by making our new #1 export, .....you guessed it [or maybe not] FUEL! Here is the latest from Yahoo News:

In a first, gas and other fuels are top US export

For the first time, the top export of the United States, the world's biggest gas guzzler, is — wait for it — fuel.

Measured in dollars, the nation is on pace this year to ship more gasoline, diesel, and jet fuel than any other single export, according to U.S. Census data going back to 1990. It will also be the first year in more than 60 that America has been a net exporter of these fuels.

Just how big of a shift is this? A decade ago, fuel wasn't even among the top 25 exports. And for the last five years, America's top export was aircraft.

The trend is significant because for decades the U.S. has relied on huge imports of fuel from Europe in order to meet demand. It only reinforced the image of America as an energy hog. And up until a few years ago, whenever gasoline prices climbed, there were complaints in Congress that U.S. refiners were not growing quickly enough to satisfy domestic demand; that controversy would appear to be over.

Still, the U.S. is nowhere close to energy independence. America is still the world's largest importer of crude oil. From January to October, the country imported 2.7 billion barrels of oil worth roughly $280 billion.

Fuel exports, worth an estimated $88 billion in 2011, have surged for two reasons:

— Crude oil, the raw material from which gasoline and other refined products are made, is a lot more expensive. Oil prices averaged $95 a barrel in 2011, while gasoline averaged $3.52 a gallon — a record. A decade ago oil averaged $26 a barrel, while gasoline averaged $1.44 a gallon.

— The volume of fuel exports is rising. The U.S. is using less fuel because of a weak economy and more efficient cars and trucks. That allows refiners to sell more fuel to rapidly growing economies in Latin America, for example. In 2011, U.S. refiners exported 117 million gallons per day of gasoline, diesel, jet fuel and other petroleum products, up from 40 million gallons per day a decade earlier.

There's at least one domestic downside to America's growing role as a fuel exporter. Experts say the trend helps explain why U.S. motorists are paying more for gasoline. The more fuel that's sent overseas, the less of a supply cushion there is at home.

Gasoline supplies are being exported to the highest bidder, says Tom Kloza, chief oil analyst at Oil Price Information Service. "It's a world market," he says.

Refining companies won't say how much they make by selling fuel overseas. But analysts say those sales are likely generating higher profits per gallon than they would have generated in the U.S. Otherwise, they wouldn't occur.

The value of U.S. fuel exports has grown steadily over the past decade, coinciding with rising oil prices and increased demand around the globe.

Developing countries in Latin America and Asia have been burning more gasoline and diesel as their people buy more cars and build more roads and factories. Europe also has been buying more U.S. fuel to make up for its lack of refineries.

And there's a simple reason why America's refiners have been eager to export to these markets: gasoline demand in the U.S. has been falling every year since 2007. It dropped by another 2.5 percent in 2011. With the economy struggling, motorists cut back. Also, cars and trucks have become more fuel-efficient and the government mandates the use of more corn-based ethanol fuel.

The last time the U.S. was a net exporter of fuels was 1949, when Harry Truman was president. That year, the U.S. exported 86 million barrels and imported 82 million barrels. In the first ten months of 2011, the nation exported 848 million barrels (worth $73.4 billion) and imported 750 million barrels.

Why the Greatest Wealth Migration in U.S. History Has Begun

noreply@blogger.com (Anonymous) — Wed, 28 Dec 2011 08:12:00 -0800

Democrats, unions and wall st. occupiers all have one thing in common: NONE OF THEM CAN SEE THE WRITING ON THE WALL! They treat the hard working, American dream following, so called rich like criminals! All I hear is how the rich need to pay their fair share. The so called rich are ALREADY pay ALL the tax. Dems want them to pay more!

What is "fair" about that? With 50% of Americans paying NO Fed tax and collecting some form of government assistance, maybe THEY should pay something or shut up. You shouldn't be allowed to say anything or even vote Federally without some skin in the game!

Closing tax loopholes will effect YOU much more than the wealthy and without corporate welfare, companies will leave...and they are. After all, these tax loopholes are just giving you back SOME of the money you have already paid. If you write off your mortgage, that is a loophole, if you get an Income tax return, that is a loophole! This is why a FLAT TAX will never pass, like Cain's 9-9-9 tax. When the 50% of people screaming at the rich to pay more, they want to be EXCLUDED from those very same loopholes.

I think ALL tax shelters and loopholes should be closed. I think that welfare checks should be taxed just like unemployment and social security checks are. As for the latter two, you have ALREADY paid tax on that money! How fair is that? With that said, rich people, companies and employees that pay the bulk of all taxes have had enough and are leaving. The government is now facing bigger bills on a shrinking tax base, meaning they are bringing in much less money. The result is higher taxes on EVERYONE left combined with massive cuts in social programs. Also known as "austerity" it is the end of socialism. If we don't do something drastic quickly, we will become the biggest 3rd world country on the planet! WE will be the topics of future National Geographics and on the History Channel under "How was this allowed to happen"?

Leaving has become so commonplace that there are now many books available on just how to do it LEGALLY! Read this report folks:

Five Strategies to Maximize
the Best Offshore Has to Offer

More than two decades ago, an interesting character with the nom de plume, “Bill Hill” wrote a popular escape manual for freedom advocates titled “PT—The Perpetual Traveler.”

Hill outlined his PT ideas with a five point plan “...for those,” he said, “with courage enough to pursue freedom.” He memorably illustrated his plan with something he called The Five Flags of Freedom.

Hill wrote: “People of intelligence and wealth owe it to themselves and their descendants to have more than one flag. No one with common sense should give all their assets or allegiance to just one.”

Confiscatory income taxes and suffocating government regulations have caused many independent-minded Americans and their European counterparts to seek new flags.

They are discovering that, as business owners, expatriates or tax exiles abroad, they need not belong to any particular country nor participate in its senseless policies and politics.

An individual’s relationship with government should be a matter of choice, an option. The passport you hold and the country where you live or were born need not determine your fate forever...

Why the Greatest Wealth Migration
in U.S. History Has Begun

Today, millions of the wealthiest and most productive Americans are leaving home to relocate various aspects of their lives in the best possible places.

They view governments as providers of facilities and services, like hotel keepers. If they offer good accommodation and make you feel comfortable and prosperous, you stay. If your government becomes too demanding or too nosey, or if a competitor offers a better deal, you can move on.

A few years ago, U.S. News & World Report confirmed, “A wave of native born citizens are going abroad in search of new challenges, opportunities, and more congenial ways of life.”

Some are seeking full-time residences... others find part-time tropical vacation homes where they can live like kings for $20,000 a year... while some move their businesses to slash their taxes.

No one government can or even should be trusted to control all your money. Experience shows us that government does not have your best interests at heart. Americans have learned with a vengeance how much politicians love to redistribute other’s wealth. In the end, they also will succeed in redistributing taxpayers. The major portion of all liquid private wealth, the smart money, already should have been moved offshore. As Bill Hill would say, it has been “re flagged.”

And these days, it’s not just the wealthy jumping ship. Every day, middle-class folks are re-flagging themselves to get the government they want and to gain access to economic opportunities that no longer exist in America.

Individuals can remove themselves from the control and jurisdiction of any government by acquiring dual citizenship, investing internationally and becoming human multinationals.

In order to accomplish this you have to arrange your assets according to the following simple outline:

Your Five Flags: A Strategy to Live as
Close to Government-Free as Possible

Flag 1: Second Passport and Citizenship: You should obtain citizenship and a second passport from a country that does not tax non-residents on their worldwide income. The U.S. taxes its citizens without regard to where they live in the world. Your second passport should be issued by a country that is unconcerned about its offshore citizens and their outside activities. It can act as the ultimate insurance policy during times of war, persecution and political upheaval.

Flag 2: Business Base: You need a place in which you can form a corporation or limited liability company and invest and earn money with minimal restrictions. This should not be where you legally reside, thus it excludes your personal fiscal domicile. Some countries grant free land, interest free loans or tax holidays to promote new local business and jobs with minimal regulation. Such places include the Cook Islands, St. Kitts & Nevis, Uruguay and Panama.

Flag 3: Residence and Domicile: Obviously, the best place to live is where you’re happy. But as a practical matter it also should be a place with a territorial tax system that does not tax outside income. You should live in a tax haven with good infrastructure and communication systems where wealthy, productive people can be creative, live, relax, prosper and enjoy themselves, preferably with maximum bank privacy and a stable government. Panama, Monaco, Andorra, Singapore, Hong Kong, Liechtenstein, Austria and Switzerland should be considered.

Flag 4: Asset Management: In spite of all the negative publicity, Switzerland remains the world’s best place from which assets, securities and business affairs can be managed by proxy. It is one of the best for an offshore bank account, life insurance and annuities. The Swiss have highly competent independent financial managers, and there is little or no taxation of non residents or non citizens. Other possibilities include Austria, Luxembourg, Denmark, Liechtenstein and Hong Kong.

Flag 5: Playgrounds: These are places where you physically spend time, where quality of life is a top priority. Normally, because of legal restrictions on how long one can stay without being considered a resident for tax purposes, it is necessary to have several such places, although, depending on the place, legal and political deals usually can be made if you want to stay in one place. But for tax purposes, one should avoid spending more than 90 days per year in any one country. Factors here are matters of personal choice: climate, seasons, geography, leisure activities, culture, history, security and prices.

Stay Away from “Home”
To Maximize the Benefits

One point to remember: governments only have power and jurisdiction over their citizens when they are within their home territory or colonies. For this reason, one generally should stay out of the country on whose passport one travels. Your major financial assets should be invisible and far away from the country in which you actually make your home. And keep your lifestyle as unremarkable and humble as possible, never flamboyant and attention-getting.

By using the Five Flag strategy, you too can get the most out of life. Once you have your new second passport and money enough to survive comfortably at your chosen destination, security is yours.

David Axelrod's Pattern of Sexual Misbehaviour!

noreply@blogger.com (Anonymous) — Sun, 25 Dec 2011 08:40:00 -0800

This is a piece from Ann Coulter, although disliked by many, she definitely has her FACTS in order! Politics don't get any more corrupt anywhere outside of Chicago! Everything political that comes out of Chicago must be held to the highest level of scrutiny, including our "Communist in Chief", that will NEVER be done by the left wing media also known as obama's personal campaign machine!

Herman Cain was the latest victim of the Chicago Brotherhood. Their smear campaign worked well because the person on the wrong end of this dirt digging machine spends all their time trying to defend themselves at great personal cost instead of focusing on the tasks at hand.

Herman Cain has spent his life living and working all over the country -- Indiana, Georgia, Minnesota, Nebraska, Kansas, Washington, D.C. -- but never in Chicago.

So it's curious that all the sexual harassment allegations against Cain emanate from Chicago: home of the Daley machine and Obama consigliere David Axelrod.

Suspicions had already fallen on Sheila O'Grady, who is close with David Axelrod and went straight from being former Chicago mayor Richard M. Daley's chief of staff to president of the Illinois Restaurant Association (IRA), as being the person who dug up Herman Cain's personnel records from the National Restaurant Association (NRA).

The Daley-controlled IRA works hand-in-glove with the NRA. And strangely enough, Cain's short, three-year tenure at the NRA is evidently the only period in his decades-long career during which he's alleged to have been a sexual predator.

After O'Grady's name surfaced in connection with the miraculous appearance of Cain's personnel files from the NRA, she issued a Clintonesque denial of any involvement in producing them -- by vigorously denying that she knew Cain when he was at the NRA. (Duh.)

And now, after a week of conservative eye-rolling over unspecified, anonymous accusations against Cain, we've suddenly got very specific sexual assault allegations from an all-new accuser out of ... Chicago.

Herman Cain has never lived in Chicago. But you know who has? David Axelrod! And guess who lived in Axelrod's very building? Right again: Cain's latest accuser, Sharon Bialek.

Bialek's accusations were certainly specific. But they also demonstrated why anonymous accusations are worthless.

Within 24 hours of Bialek's press conference, friends and acquaintances of hers stepped forward to say that she's a "gold-digger," that she was constantly in financial trouble -- having filed for personal bankruptcy twice -- and, of course, that she had lived in Axelrod's apartment building at 505 North Lake Shore Drive, where, she admits, she knew the man The New York Times calls Obama's "hired muscle."

Throw in some federal tax evasion, and she's Obama's next Cabinet pick.

The reason all this is relevant is that both Axelrod and Daley have a history of smearing political opponents by digging up claims of sexual misconduct against them.

John Brooks, Chicago's former fire commissioner, filed a lawsuit against Daley six months ago claiming Daley threatened to smear him with sexual harassment accusations if Brooks didn't resign. He resigned -- and the sexual harassment allegations were later found to be completely false.

Meanwhile, as extensively detailed in my book "Guilty: Liberal 'Victims' and Their Assault on America," the only reason Obama became a U.S. senator -- allowing him to run for president -- is that David Axelrod pulled sealed divorce records out of a hat, first, against Obama's Democratic primary opponent, and then against Obama's Republican opponent.

One month before the 2004 Democratic primary for the U.S. Senate, Obama was way down in the polls, about to lose to Blair Hull, a multimillionaire securities trader.

But then The Chicago Tribune -- where Axelrod used to work -- began publishing claims that Hull's second ex-wife, Brenda Sexton, had sought an order of protection against him during their 1998 divorce proceedings.

From then until Election Day, Hull was embroiled in fighting the allegation that he was a "wife beater." He and his ex-wife eventually agreed to release their sealed divorce records. His first ex-wife, daughters and nanny defended him at a press conference, swearing he was never violent. During a Democratic debate, Hull was forced to explain that his wife kicked him and he had merely kicked her back.

Hull's substantial lead just a month before the primary collapsed with the nonstop media attention to his divorce records. Obama sailed to the front of the pack and won the primary. Hull finished third with 10 percent of the vote.

Luckily for Axelrod, Obama's opponent in the general election had also been divorced.

The Republican nominee was Jack Ryan, a graduate of Dartmouth and Harvard law and business schools, who had left his lucrative partnership at Goldman Sachs to teach at an inner-city school on the South Side of Chicago.

But in a child custody dispute some years earlier, Ryan's ex-wife, Hollywood sex kitten Jeri Lynn Ryan, had alleged that, while the couple was married, Jack had taken her to swingers clubs in Paris and New York.

Jack Ryan adamantly denied the allegations. In the interest of protecting their son, he also requested that the records be put permanently under seal.

Axelrod's courthouse moles obtained the "sealed" records and, in no time, they were in the hands of every political operative in Chicago. Knowing perfectly well what was in the records, Chicago Tribune attorneys flew to California and requested that the court officially "unseal" them -- over the objections of both Jack and Jeri Ryan.

Your honor, who knows what could be in these records!

A California judge ordered them unsealed, which allowed newspapers to publish the salacious allegations, and four days later, Ryan dropped out of the race under pressure from idiot Republicans (who should be tracked down and shot).

With a last-minute replacement of Alan Keyes as Obama's Republican opponent, Obama was able to set an all-time record in an Illinois Senate election, winning with a 43 percent margin.

And that's how Obama became a senator four years after losing a congressional race to Bobby Rush. (In a disastrous turn of events, Rush was not divorced.)

Axelrod destroyed the only two men who stood between Obama and the Senate with illicitly obtained, lurid allegations from their pasts.

In 2007, long after Obama was safely ensconced in the U.S. Senate, The New York Times reported: "The Tribune reporter who wrote the original piece (on Hull's sealed divorce records) later acknowledged in print that the Obama camp had 'worked aggressively behind the scenes' to push the story."

Some had suggested, the Times article continued, that Axelrod had "an even more significant role -- that he leaked the initial story."

This time, Obama's little helpers have not only thrown a bomb into the Republican primary, but are hoping to destroy the man who deprives the Democrats of their only argument in 2012: If you oppose Obama, you must be a racist.

Nero in the White House

noreply@blogger.com (Anonymous) — Sat, 24 Dec 2011 13:35:00 -0800

In case you think I am a racist, I thought I would re-post this very well done Blog from Mychal Massie who couldn't have put my thoughts on paper any clearer!

Nero in the White House
By: Mychal Massie

Three significant historical events have been eclipsed by Obama: 1) Jimmy Carter will no longer be looked upon as the worst president in American history; 2) Richard Nixon and Bill Clinton will no longer be recognized as the greatest liars in presidential history; 3) Clinton's stain on Monica's dress, and what that did to White House in general and the office of the president specifically, will forever pale in comparison to the stain and stench of Obama.

I need not spend much time on the failure of Obama as president. His tenure has been a failure on every measurable level. So much so, in fact, that some of the staunchest, most respected liberal Democrats and Democratic supporters have not only openly criticized him – some even more harshly than this essayist – but they have called for him to step down.

Richard Nixon's words "I am not a crook," punctuated with his involvement in Watergate, and Bill Clinton's finger-wagging as he told one of the most pathetic lies in presidential history, in the aftermath of Obama, will be viewed as mere prevarications.

Mr. Nixon and Clinton lied to save their backsides. Although, I would argue there are no plausible explanations for doing what they did, I could entertain arguments pursuant to understanding their rationales for lying. But in the case of Obama, he lies because he is a liar. He doesn't only lie to cover his misdeeds – he lies to get his way. He lies to belittle others and to make himself look presentable at their expense. He lies about his faith, his associations, his mother, his father and his wife. He lies and bullies to keep his background secret. His lying is congenital and compounded by socio-psychological factors of his life.

Never in my life, inside or outside of politics, have I witnessed such dishonesty in a political leader. He is the most mendacious political figure I have ever witnessed. Even by the low standards of his presidential predecessors, his narcissistic, contumacious arrogance is unequalled. Using Obama as the bar, Nero would have to be elevated to sainthood.

As the stock markets were crashing, taking with them the remaining life saving of untold tens of thousands, Obama was hosting his own birthday celebration, which was an event of Epicurean splendidness. The shamelessness of the event was that it was not a state dinner to welcome foreign dignitaries, nor was it to honor an American accomplishment – it was to honor the Pharaoh, Barack Hussein Obama. The event's sole purpose was for the Pharaoh to have his loyal subjects swill wine, indulge in gluttony and behavior unfit to take place on the property of taxpayers, as they suffer. It was of a magnitude comparable to that of Tyco CEO Dennis Kozlowski's $2 million birthday extravaganza for its pure lack of respect for the people.

Permit me to digress momentarily. The U.S. Capitol and the White House were built with the intent of bringing awe and respect to America and her people. They were also built with the intent of being the greatest of equalizers. I can tell you, having personally been to both, there is a moment of awe and humility associated with being in the presence of the history of those buildings. They are to be honored and inscribed into our national psyche, not treated as a Saturday night house party at Chicago's Cabrini-Green.

The people of America own that home Obama and his wife continue to debase with their pan-ghetto behavior. It is clear that Obama and family view themselves as royalty, but they're not. They are employees of "we the people," who are suffering because of his failed policies. What message does this behavior send to those who today are suffering as never before?

What message does it send to all Americans who are struggling? Has anyone stopped to think what the stock market downturn forebodes for those 80 million baby boomers who will be retiring in the next period of years? Is there a snowball's chance in the Sahara that every news program on the air would applaud this behavior if it were George W. Bush? To that point, do you remember the media thrashing Bush took for having a barbecue at the White House?

Like Nero – who was only slightly less debaucherous than Caligula – with wine on his lips Obama treated "we the people" the way Caligula treated those over whom he lorded.

Many in America wanted to be proud when the first person of color was elected president, but instead, they have been witness to a congenital liar, a woman who has been ashamed of America her entire life, failed policies, intimidation and a commonality hitherto not witnessed in political leaders. He and his wife view their life at our expense as an entitlement – while America's people go homeless, hungry and unemployed.

IRS-Obama Idiocy Harms Innocent Americans

noreply@blogger.com (Anonymous) — Wed, 21 Dec 2011 07:12:00 -0800

IRS-Obama Idiocy Harms Innocent Americans

George Washington, the first president of the United States, is said to have exclaimed: “Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master.”

No better example of unreasonable use of official government force exists today than the policies of the Internal Revenue Service, aided and abetted by President Obama and the Democrat controlled Congress that enacted the Foreign Account Tax Compliance Act (FATCA).

Amy Feldman, a columnist for Reuters, exposed on December 8 a current example of this unreasonable force.

She wrote: “The Internal Revenue Service's crackdown on overseas tax cheats is having an unintended consequence on American expats... [forcing] them to pay penalties for failure to file paperwork that may be drastically out of proportion to the actual amount of taxes owed.”

Intended Consequences?

It might be some small comfort if these were stupid, unthinking IRS-Obama policies. But in my opinion, these are policies calculated to keep Americans investors - along with their cash and assets - at home, where they can be controlled (and their assets confiscated) at will by government.

That threat includes the possible confiscation of private pension and retirement plans.

These policies have imposed unjust penalties on thousands of innocent American expatriates suddenly caught in a new jungle of paperwork they had no idea existed. That’s one consequence.

I wrote about another consequence a few days ago when I noted that: “Growing numbers of Americans living abroad are renouncing their U.S. citizenship because of the Foreign Account Tax Compliance Act (FATCA) - not to mention the ever more burdensome and complex IRS reporting obligations that now come with the treat of financial and even criminal penalties.”

Our friend and associate Richard W. Rahn writes in the Washington Postthat FATCA has already sent foreign capital fleeing.

He claims that the people running Washington are "mental midgets" unaware of how their policies impact on the economy.

He estimates that FATCA will cause the departure of an estimated $14 trillion of private foreign investment, destroying as many as 10 million American jobs.

Yet another consequence, equally serious, is the decision of untold numbers of foreign banks and investors to avoid doing business with Americans because of the trouble of compliance with FATCA.

This also has made it difficult, if not impossible, for U.S. citizens living abroad to maintain existing bank accounts or open new accounts both in U.S. and in their countries of residence. This impedes American companies and their employees in badly needed foreign business and trade.

The Americans who are being subjected to this unjust IRS-Obama persecution are real people like you and me - U.S. citizens married to foreigners who left the U.S. decades ago, retirees whose lives spanned multiple countries, dual-taxpayers trying to do their U.S. taxes themselves in foreign places, where accountants that know U.S. tax laws are few.

Marvin Van Horn, a 62-year-old U.S. citizen and permanent resident of New Zealand, semi-retired, bought a home there with his Australian wife a decade ago. When he learned about the new IRS reporting rules, he followed them and paid a small tax he owed but the penalty for failing to file the foreign bank account reporting form (FBAR) was $90,000.

When the IRS agent learned he had rented his house and not reported that income the penalty spiraled to $172,000. After negotiations with IRS's Taxpayer Advocate Service, the result was a single "non-willful" failure to file FBAR penalty of $5,000 per year, or $25,000 total.

There are an estimated five to six million Americans living offshore and another 39 million immigrants in the U.S. who face similar IRS issues with overseas disclosure if they have foreign bank accounts back home.

Yet in 2009 there were only 534,043 FBARs filed, according to a report by the Treasury Inspector General for Tax Administration.

Indeed, many Americans abroad inherited foreign assets from foreign-born parents and relatives or they have simply lived abroad for years ignorant of FBAR requirements.

All of this IRS-Obama induced tyranny involves mainly U.S. citizens, but the new rules have ensnared thousands of Canadians, many of whom were not only ignorant of IRS rules, but of the fact that they were U.S. dual citizens.

One 54-year-old Canadian, who was born in Canada and has only worked in Canada, recently discovered that she’s a dual citizen for tax purposes because her mother, then a U.S. citizen, registered her with the U.S. embassy at birth. She faces a $75,000 penalty.

Jack Townsend, a Houston tax attorney, who writes on these issues in his Federal Tax Crimes blog, said: “The people who made out well are the real crooks who have been doing this for years, while the people who don't have that culpability are getting hammered because of the one-size-fits-all rule.”

I have no sympathy for Americans who cheat on their taxes. Illegal tax evaders should be caught and penalized. But stupid, harmful rules should be repealed immediately to take into account innocent mistakes.

Honest, taxpaying Americans and others who desire real financial privacy, true asset protection and expert investment advice should continue to employ offshore banks, investment advisers, insurance and annuity specialists - and not be scared away by the IRS from the very real benefits offered by the world's leading offshore financial centers with which the Sovereign Society works.

We will help you go offshore with full legality and tax compliance - the IRS be damned.

By Bob Bauman JD, Chairman, Freedom Alliance

American Exodus as Freedom Dies

noreply@blogger.com (Anonymous) — Tue, 13 Dec 2011 05:56:00 -0800

If you think obama and his cronies aren't chasing millionaires offshore, think again! Not are they going offshore, they are giving up their citizenship in droves to avoid US draconian tax laws implemented by your beloved democrats! Their motto is lets spend $80 BILLION over 10 years to bring in $8 BILLION! Is this how you want your tax dollars spent?

American Exodus as
Freedom Dies

Growing numbers of Americans living abroad are renouncing their U.S. citizenship because of the Foreign Account Tax Compliance Act (FATCA) - not to mention the ever more burdensome and complex IRS reporting obligations that now come with the treat of financial and even criminal penalties.

The United States is one the few major nations that requires their citizens living abroad to pay income taxes. The only way to end that U.S. tax obligation is to terminate U.S. citizenship.

The latest statistics reveal that more than 1,500 Americans living offshore did just that. According to the Federal Register, that’s up from 743 people in 2009 and 235 in 2008.

Jackie Bugnion, director of American Citizens Abroad, a Geneva, Switzerland-based group, says the exodus is a backlash on the part of U.S. expatriates and the offshore financial sector to the radical IRS claim that its jurisdiction extends to every bank and financial institution in the entire world.

That extraordinary IRS claim is embodied in FATCA, and was adopted in 2010 by the then Democrat-dominated Congress as part of the Hiring Incentives to Restore Employment Act and signed with approval by President Obama.

This law threatens foreign financial banks and financial institutions of all kinds with a 30% withholding tax if they fail to comply with an onerous reporting regime on their U.S. clients.

Dangerous to the U.S. Economy

No hearings were held on this radical proposal and few knew it was even contained within the pending bill - just as its sponsors wanted it.

This summer, American Citizens Abroad launched an international campaign to repeal FATCA, which they describe as “misconceived” and “dangerous for the U.S. economy.”

This complements a U.S. drive to repeal FATCA led by the Coalition for Tax Competition, of which The Sovereign Society is a member.

While the reaction of an increasing number of Americans has been to acquire a second passport and dual citizenship as a prelude to ending their U.S. status, numerous foreign banks have reacted by dumping existing American clients and refusing new ones.

As if the threat of FACTA were not enough, the IRS has an active prejudice against U.S. persons with offshore bank accounts and business interests, automatically assuming any American who dares to engage in offshore financial activity is probably a tax evader or worse.

Add to that prejudice the arbitrary application of a complex U.S. tax code, plus the attitude that the taxpayer is always guilty until they can prove otherwise.

Preposterous Claims

The IRS makes the preposterous claim that enforcement of FACTA possibly can produce additional tax revenues of US$8 billion over 10 years. At the same time, estimates of the cost of implementing FACTA run into hundreds of billions of dollars, plus at least $10 billion per year for filing requirements.

Nonetheless, in a rare instance of official sanity in July, the IRS announced that the original January 1, 2013 effective date for FATCA had been dropped.

Under the new IRS schedule, offshore private banks, which face the most onerous IRS requirements under FATCA, will not have to provide details on U.S. clients with accounts with more than $50,000 until 2014. Lower value accounts at private banks do not need to be reported until the end of 2014. Certain other accounts do not have to be reported until 2015.

No doubt what brought about this delay was the firestorm of anti-FATCA American public opinion and a chorus of protests, not only from the international financial and banking industry but also from foreign governments.

Canadian treasury officials have attacked FATCA calling it unworkable, far too costly and an unprecedented U.S. intrusion on their national sovereignty.

Typical of these foreign complaints was a prediction that if FATCA were imposed on The Bahamas that offshore financial center would drop most of its American clients.

Delay is not the answer to this colossal FACTA mess. Complete repeal is.

Much hinges on the outcome of the 2012 U.S. elections, not least of which is the freedom of Americans to do business where they choose.

Federal Judge: Montana blogger is not journalist-What?

noreply@blogger.com (Anonymous) — Thu, 8 Dec 2011 06:50:00 -0800

SO, Land of the free? 1st amendment? Its a JOKE and all a big LIE! I have written on this before and it has reared its ugly head again. WE DO NOT HAVE FREEDOM OF SPEECH IN THE USA! It is only getting worse under this administration.

They have already shut down whole servers running Blogs and now they are going after individuals! You are not allowed to express your feelings on the Internet unless you are an accredited Journalist or reporter and even then you might not be afforded any protection guaranteed to you under the 1st amendment, Check this out:

A federal judge in Oregon has ruled that a Montana woman sued for defamation was not a journalist when she posted online that an Oregon lawyer acted criminally during a bankruptcy case, a decision with implications for bloggers around the country.

Crystal L. Cox, a blogger from Eureka, Mont., was sued for defamation by attorney Kevin Padrick when she posted online that he was a thug and a thief during the handling of bankruptcy proceedings by him and Obsidian Finance Group LLC.

U.S. District Judge Marco Hernandez found last week that as a blogger, Cox was not a journalist and cannot claim the protections afforded to mainstream reporters and news outlets.

Although media experts said Wednesday that the ruling would have little effect on the definition of journalism, it casts a shadow on those who work in nontraditional media since it highlights the lack of case law that could protect them and the fact that current state shield laws for journalists are not covering recent developments in online media.

"My advice to bloggers operating in the state of Oregon is lobby to get your shield law improved so bloggers are covered," said Lucy Dalglish, executive director of The Reporters Committee for Freedom of the Press. "But do not expect the shield law to provide you a defense in a libel case where you want to rely on an anonymous source for that information."

The judge ruled that Cox was not protected by Oregon's shield law from having to produce sources, saying even though Cox defines herself as media, she was not affiliated with any mainstream outlet. He added that the shield law does not apply to civil actions for defamation.

Hernandez said Cox was not a journalist because she offered no professional qualifications as a journalist or legitimate news outlet. She had no journalism education, credentials or affiliation with a recognized news outlet, proof of adhering to journalistic standards such as editing or checking her facts, evidence she produced an independent product or evidence she ever tried to get both sides of the story.

Cox said she considered herself a journalist, producing more than 400 blogs over the past five years, with a proprietary technique to get her postings on the top of search engines where they get the most notice.

"What could be more mainstream than the Internet and the top of the search engine?" she said.

Padrick, of Bend, Ore., was a trustee in a bankruptcy case involving Summit Accommodators, a company that helped property owners conduct real estate transactions in a way to limit taxes. Three executives face federal fraud and money laundering indictments.

The lawyer sued Cox for defamation, a legal fight that is typically difficult for plaintiffs to win. Public figures, for example, must prove the defendant knew the statement in question was false, and the statement must be matters of public interest.

The judge found that Padrick was not a public figure, and that the bankruptcy case was not in the public interest. The ruling opened the way for a jury to award $2.5 million to Padrick and Obsidian.

Cox said she didn't have the money to pay the judgment, and that she intended to keep posting about the Summit bankruptcy case.

"My intensions are the highest and best," she said. "I know I am sometimes over the top or a little bit vulgar. But I encourage people not to listen to me or him but to look at the documents and make their own decision based on that."

Padrick said the case showed how vulnerable anyone was to someone with a computer. He said he has lost business from potential clients who search his name and firm through Google and find Cox's postings at the top of the list, adding that he has no way to remove them.

"If anyone can self-proclaim themselves to be media, the concept of media is rendered worthless," Padrick said. "When everyone is media, the concept of media is gone."

The judge ruled that Padrick and his company did not have to seek a retraction, as required by Oregon law, before claiming damages, because a blogger is not on the list of recognized media, which include newspapers, magazines, television and radio news, and motion pictures.

Padrick said he did not expect to collect much of the $2.5 million jury award, or to see his business fully rebound. He said his only consolation was that all eight jurors who heard the case believed he had been significantly harmed.

Ellyn Angelotti, who teaches about digital trends and social media at The Poynter Institute, said the ruling was significant because so little case law has built up on online media. But she believed it would have little impact on bloggers in general until the U.S. Supreme Court takes up a case, or more federal courts rule.

Kyu Ho Youm, a First Amendment expert and journalism professor at the University of Oregon, called the judge's strict definition of a journalist "outdated" since so-called citizen journalists currently outnumber traditional journalists.

"When we talk about the shield law, we should pay more attention to the function people are doing than whether people are connected to traditional and established news media," he said.

The actual LAWS broken by E. Holder & the DOJ-ATF

noreply@blogger.com (Anonymous) — Tue, 6 Dec 2011 10:27:00 -0800

The reason many people are just fed up with the way everyone from Bankers to Congress, the Senate and higher is that there is NEVER any consequences for their actions. Anyone of us in the private sector would be in jail for breaking the laws these very same politicians write, yet seem to be immune from themselves. They are LITERALLY above the very laws they use to keep US in order. From insider trading to Tax evasion and everything in between.

I am going to show you a letter from a retired congressman [James R Lightfoot Member of Congress, ret. (1984 – 1996)] to Presidential Candidate Hon. Thaddeus McCotter that explains some of what has and is going wrong and the LAWS that have been broken. You can then come to your OWN conclusions on whether some of them should go to jail over this so called "Fast & Furious" gun running debacle that has directly cost the lives of at least 2 dedicated Americans doing their job in protecting this country!

My Blog is titled the things your Government DOESN'T want you to know and this is the epitome of what I am talking about as you will NOT see this in ANY media, including FOX News. With that being said, please read the following in its unabridged entirety, and let me know what YOUR thoughts on it are:

Hon. Thaddeus McCotter
2243 Rayburn HOB
Washington, DC 20515

Congressman McCotter:
I am writing to you as a private citizen and a resident of Texas. My background includes being a police office, broadcaster, business owner and Member of Congress.

Three times I have raised my right hand and taken an oath to protect and uphold our Constitution and country; once in the Army, once at the Tulsa Police Academy and once on the floor of the US House of Representatives. Today, I am standing up once again, however, I need your help.

You have called for the resignation of Attorney General Eric Holder. I applaud you for your stand, however, I would like to see you take it one step further.
Please find attached (below) some of the laws that have been broken by Fast and Furious.

Please encourage Congressman Issa and Senator Grassley to not give up when they find a few of the culpable, rather they must push forward with the power of the committee and the US Congress to uncover all that is amiss in this entire operation.
I had the privilege to serve as ranking member and then Chairman of the old Treasury, Postal and General Government (TPS) sub-committee on Appropriations. Rebuilding ATF after Waco came under my watch. I have continued to be associated with law enforcement and ATF since leaving Congress and I can assure you that agency is badly broken.

The level of retaliation and harassment that is fostered upon good agents in the field is a disgrace and in many cases unlawful. However, a good-old-boy system that includes the lawyers at ATF continue the mistreatment, the law suits and general harassment of agents that want to do their jobs by the book, be honest and put bad guys in jail.
Many good agents have already left ATF and others are ready to go.

Recently, I had the honor to attend a memorial for murdered Border Patrol Agent Brian Terry. It was a humbling experience, but offered an opportunity to talk at length with Border Patrol Agents, ATF Agents and local law enforcement. They are living in a war zone and I came away with the determination to try and do something to make things better for them. They certainly are not getting the support and help they need from our DOJ. They cannot speak up for fear of retaliation.
I can.

Congressman, you are in a position to right the wrongs that the whistleblowers and other goods agents have had to suffer. I urge you to please work for a Special Counsel or whatever it takes to get the evidence dug out of ATF, DOJ, DEA, FBI and any other bad player involved with the disgrace and travesty we are now witnessing.

Tuesday Roll Call is scheduled to print an op-ed I wrote asking for the indictment of Eric Holder, William Newell, William McMahon and anyone else that has played a role in the execution of Fast and Furious.
As a former soldier, police officer, Member of Congress and now a private citizen I urge you to continue your interest in bringing justice to those adversely effected by Fast and Furious and would support your efforts to seek indictment in any way I can.
Respectfully,

Member of Congress (ret)
James R Lightfoot
Member of Congress, ret.
(1984 – 1996)

Potential unlawful acts by ATF Agents related to Operation Fast and Furious

Keep in mind, NONE of this relates to potential STATE violations, such as negligent homicide, or some other reckless conduct statutes. Even if the Feds stepped in and snatched the state prosecutions into federal court as the law allows, they would still have to prosecute or answer why not.
Items in blue are referenced to the observation in red at the end of each paragraph.

18 U.S.C. § 922 : US Code - Section 922: Unlawful acts

(a) It shall be unlawful -
(1) for any person -
(A) except a licensed importer, licensed manufacturer, or
licensed dealer, to engage in the business of importing,
manufacturing, or dealing in firearms, or in the course of such
business to ship, transport, or receive any firearm in
interstate or foreign commerce; or

ATF and DOJ Attorneys clearly were engaged or conspiring to engage in the business
(B) except a licensed importer or licensed manufacturer, to
engage in the business of importing or manufacturing
ammunition, or in the course of such business, to ship,
transport, or receive any ammunition in interstate or foreign
commerce;

ATF and DOJ Attorneys ordered and directed this as well
(6) for any person in connection with the acquisition or
attempted acquisition of any firearm or ammunition from a
licensed importer, licensed manufacturer, licensed dealer, or
licensed collector, knowingly to make any false or fictitious
oral or written statement or to furnish or exhibit any false,
fictitious, or misrepresented identification, intended or likely
to deceive such importer, manufacturer, dealer, or collector with
respect to any fact material to the lawfulness of the sale or
other disposition of such firearm or ammunition under the
provisions of this chapter;

ATF Bosses, Agents and DOJ Attorneys did exactly this on multiple occasions. In order for some cop exemption to apply, They had to reasonably intend to disrupt and stop criminal activity. IE give some sample drugs to a kingpin to set him up for a large reverse. You cannot constantly provide an unending supply of drugs and just say “hey, we are working toward an arrest someday.”
(2) any firearm to any person in any State where the purchase
or possession by such person of such firearm would be in
violation of any State law or any published ordinance applicable
at the place of sale, delivery or other disposition, unless the
licensee knows or has reasonable cause to believe that the
purchase or possession would not be in violation of such State
law or such published ordinance;

Mexico is a state and this WAS in violation of published Mexican law or ordinance. ATF and DOJ Attorneys directed and conspired this to happen.
(h) It shall be unlawful for any individual, who to that individual’s knowledge and while being employed for any person described in any paragraph of subsection (g) of this section, in the course of such employment -
(1) to receive, possess, or transport any firearm or ammunition
in or affecting interstate or foreign commerce; or
(2) to receive any firearm or ammunition which has been shipped or transported in interstate or foreign commerce.

Illegal aliens, illegal users of narcotics and felons were employing these straw purchasers and ATF and DOJ attorneys DID conspire to violate this “the bodyguard” statute to be violated.
(m) It shall be unlawful for any licensed importer, licensed manufacturer, licensed dealer, or licensed collector knowingly to make any false entry in, to fail to make appropriate entry in, orto fail to properly maintain, any record which he is required to keep pursuant to section 923 of this chapter or regulations promulgated thereunder.

Occurred with each and every straw purchase, directed, facilitated or allowed by ATF and DOJ Attorneys. There are emails telling the FFL it is ok to break the law.
18 U.S.C. 371, CONSPIRACY
outlaws conspiracy to commit any other federal crime. The others outlaw conspiracy to commit some specific form of misconduct, ranging from civil rights violations to drug trafficking.7 Conspiracy is a separate offense under most of these statutes,8 regardless of whether conspiracy accomplishes its objective.9 every conspiracy has at least two elements: (1) an agreement (2) between two or more persons. Members of the conspiracy are also liable for the foreseeable crimes of their fellows committed in furtherance of the common plot.
There are no one-man conspiracies.31
Conviction under 18 U.S.C. 371 for conspiracy to commit a substantive offense requires proof
that one of the conspirators committed an overt act in furtherance of the conspiracy.

You can commit a conspiracy with an unindicted co-conspirator. It appears this is the one that will kill them in relation to very act the cartel/straw purchasers committed, including murder. In order to avoid this, they have to admit they are acting under color of law for ANY Law Enforcement protections. SEE ABOVE, the problem with that is that acting under color of law requires you are within the scope of your duties and advancing legitimate law enforcement actions.
The elements of conspiracy to defraud the United States under 18 U.S.C. 371 are (1) an agreement of two or more persons; (2) to defraud the United States; and (3) an overt act in furtherance of the conspiracy committed by one of the conspirators.65 The “fraud covered by the statute reaches any conspiracy for the purpose of impairing, obstructing or defeating the lawful functions of any department of the Government” by ” deceit, craft or trickery, or at least by means that are dishonest.“67 The plot must be directed against the United States or some federal entity; a scheme to defraud the recipient of federal funds is not sufficient. The scheme may be designed to deprive the United States of money or property, but it need not be so; a plot calculated to frustrate the functions of an entity of the United States will suffice.

Based on overt direction by ATF and DOJ Attorneys the above should be a slam dunk. You’ll notice this is a willful NOT a knowing act. In other words, they meant to do it. They didn’t need to know all the ins and outs.

Mail and wire fraud is a federal crime in the United States. Together, 18 U.S.C. §§1341, 1343, and 1346 reach any fraudulent scheme or artifice to intentionally deprive another of property or honest services with a nexus to mail or wire communication.
18 U.S.C.§ 1341provides:

Whoever, having devised or intending to devise any scheme or artifice to defraud, or for obtaining money or property by means of false or fraudulent pretenses, representations, or promises, or to sell, dispose of, loan, exchange, alter, give away, distribute, supply, or furnish or procure for unlawful use any counterfeit or spurious coin, obligation, security, or other article, or anything represented to be or intimated or held out to be such counterfeit or spurious article, for the purpose of executing such scheme or artifice or attempting so to do, places in any post office or authorized depository for mail matter, any matter or thing whatever to be sent or delivered by the Postal Service, or deposits or causes to be deposited any matter or thing whatever to be sent or delivered by any private or commercial interstate carrier, or takes or receives therefrom, any such matter or thing, or knowingly causes to be delivered by mail or such carrier according to the direction thereon, or at the place at which it is directed to be delivered by the person to whom it is addressed, any such matter or thing, shall be fined under this title or imprisoned not more than 20 years, or both.

If the violation occurs in relation to, or involving any benefit authorized, transported, transmitted, transferred, disbursed, or paid in connection with, a presidentially declared major disaster or emergency (as those terms are defined in section 102 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5122)), or affects a financial institution, such person shall be fined not more than $1,000,000 or imprisoned not more than 30 years, or both.^[2]

All Federal funding used in any case has been reported, transferred, accounted for through the U S Mail at some point. Clearly whatever was stated by the agents, bosses or U S Attorney justifying the expenditures was fraudulent.

Wire

18 U.S.C. §1343 provides:
Whoever, having devised or intending to devise any scheme or artifice to defraud, or for obtaining money or property by means of false or fraudulent pretenses, representations, or promises, transmits or causes to be transmitted by means of wire, radio, or television communication in interstate or foreign commerce, any writings, signs, signals, pictures, or sounds for the purpose of executing such scheme or artifice, shall be fined under this title or imprisoned not more than 20 years, or both. If the violation affects a financial institution, such person shall be fined not more than $1,000,000 or imprisoned not more than 30 years, or both.^[3]

Huge wire fraud implications resulting from EVERY email, fax, Teletype that occurred with the intent to mislead the true actions of Fast and Furious.
42 U.S.C.§ 1983 now reads:^[3]
Every person who under color of any statute, ordinance, regulation, custom, or usage, of any State or Territory or the District of Columbia, subjects, or causes to be subjected, any citizen of the United States or other person within the jurisdiction thereof to the deprivation of any rights, privileges, or immunities secured by the Constitution and laws, shall be liable to the party injured in an action at law, Suit in equity, or other proper proceeding for redress, except that in any action brought against a judicial officer for an act or omission taken in such officer’s judicial capacity, injunctive relief shall not be granted unless a declaratory decree was violated or declaratory relief was unavailable. For the purposes of this section, any Act of Congress applicable exclusively to the District of Columbia shall be considered to be a statute of the District of Columbia.

To be clear, Brian Terry, Jaime Zapata and every other cop and civilian harmed by a Fast and Furious gun has been deprived of their constitutional civil rights at the hands of ATF and DOJ Attorneys under the color of law. Example: An agent walks high-grade heroin with no safe guards, and no specific greater law enforcement future good that he/she can articulate, and someone’s kid overdoses because of it, BINGO, same deal as Fast and Furious.

The Supreme Court has interpreted the United States Constitution to construct laws regulating the actions of the law enforcement community. Under “color of law”, it is a crime for one or more persons using power given to him or her by a governmental agency (local, state or federal), to willfully deprive or conspire to deprive another person of any right protected by the Constitution or laws of the United States. Enforcement of “color of law” does not require that any racial, religious, or other discriminatory motive existed. Criminal acts under color of law include acts within and beyond the bounds or limits of lawful authority.

Jim Ross Lightfoot Bio

Jim Ross Lightfoot Most recent columns

James R. Lightfoot, (Lightfoot Strategies served in Congress six terms, starting in 1985 and retiring in 1997. As Chairman of the Subcommittee on Treasury, Postal and General Government (TPS) of Appropriations, he had jurisdiction over 40% of Federal Law Enforcement (Customs, Secret Service, ATF, FLETC, and IRS enforcement).

Socialism-The UKs problems will soon be here!

noreply@blogger.com (Anonymous) — Tue, 6 Dec 2011 05:33:00 -0800

Want to know where this country is going if we follow this absurd march towards socialism? Europe is broke as a DIRECT RESULT OF THEIR SOCIALIST UTOPIA and now the gig is up. Austerity basically means NO MORE SOCIALISM or you WILL go broke and your country WILL collapse. Read this and find out what the UK is going through, what the world is running away from and where the obama gov. wants to take us! A fool learns from his own mistakes...a wise-man learns from somebody else's!

A new report out by the Equality and Human Rights Commission has thrown a light on the abuses that invariably come when you socialise healthcare. This one focused on home care for the elderly run by local councils. The chronic disregard of pensioners was found to be so appalling many have been left ‘wanting to die’. Of the 500k people that are under government care, 250k experienced horrendous neglect. Here are some examples of what ‘carers’ get up to:

Refusal to heat food in a microwave and serve due to “health and safety” concerns
Soiled sheets unchanged for weeks
The frail put to bed at 2:45pm
Lack of time to carry out vital tasks like washing and dressing
Physical abuse such as rough handling and shouting
Systematic theft of money
Leaving food out for a blind and deaf man and not telling him where it is

And it is no better in hospitals, where a study earlier this year exposed similar abuses, like leaving food out of reach, so that patients starved and were so thirsty they couldn’t cry out for help. Hot off the press yesterday, we learn that botched operations are now in the tens of thousands each year, post-operative infections are at an all time high and the death rate due to NHS care is ‘alarmingly high’.

Some elderly with means are even hiring private nurses and having them pose as friends and relatives to ensure they are bathed and fed while in hospital. It is so surreally absurd and obscene, it almost sounds like a comedy sketch, but sadly it is all too real and the tragic result of a human ‘rights’ culture. And it will be the fate of America if Obamacare is not repealed.

When left to the devises of man, a ‘right’ becomes a politicised tool to manipulate for purposes of greed, power or some other nefarious intent. When passed into law, personal responsibility is abrogated and it is left to the courts to fight out whether a right has been denied based on evidence gathered.

Take the simple concept of clean drinking water which the UN Human Rights Council says should be a ‘right’ recognised under international law. Now since we can’t live without it for more than a few days and we all support that everyone should have it, wouldn’t this be a reasonable law? No it would not.

Just because we call something a ‘right’ does not make it so. The thinking gets muddled when we fail to distinguish the difference between a ‘right’ and a necessity. Water is necessary to human life, so our governments should ensure their citizens have access to it. Unfortunately some governments fail to do so as in developing nations where water access is unsafe or scarce. In 2003 Kerala, India suffered extreme water shortages when corrupt officials granted water rights to a foreign soft drinks manufacturer, allowing them to extract a million gallons a day. To combat this kind of poor government judgment, the UN resolution seeks to let the responsibility fall to the international community, which usually means taxing richer nations to supply that water in various programs. But much of that money will inevitably end up funding a new Mercedes or palatial residence for the local despot. The status quo remains as the tyranny of taxation hampers the ability of private sector initiatives to take action.

It’s the same with health care. In Europe, no politician will renounce social health care for fear of losing his votes. In fact, the best way to gain votes is to denounce its privatization. Money continues to be thrown at services no longer fit for purpose and when that’s gone, the inevitable ‘efficiency ‘ cuts come.

Billions have been spent here in the UK on commissions and reports by outside agencies producing endless reports on how to fix the NHS. Many point to competition being a key to improvement. Yet the country remains frozen into non-action over this sacred cow because of our deeply imbedded ‘rights’ culture. Even Socialist Sweden was able to lift itself from health care hell into market led reforms that have transformed their health service. In former communist Slovakia nearly half of health care is privately serviced.

The British clearly haven’t suffered enough yet, as they cling to the proposition that universal health care is a right and proper way to equalize resources and makes society ‘fair’ for everyone. In the process, free market principles are obliterated forcing people who want other non-government alternatives to fund them themselves while still paying tax to for a universal system. And the basic human interaction of one person helping another in need through the choice that a well developed conscience dictates, is replaced by the state and bureaucratic decisions based on statistics and budgets. Taxation and the appeal to our innate sense of fairness is the oxygen that feeds this system, and it inhibits the freedom for civil society to take action because money is squeezed from that sector. And when a ‘right’ is designated to another party to administer, the culture gets lazy about doing the decent thing. Need can only be truly addressed on an individual basis by people whose objectives are driven by personal charity and not personal greed or power.

‘Rights’ culture turns into tyranny when we fillet out moral virtue and conscience. When you leave the judgement of decent behaviour to another – a politician, a court or a human rights commission, you set up a value system that encourages self-centred thinking devoid of personal responsibility.

Western civilization was built on Christian values and its attendant rule of law based on Mosaic Law or the Ten Commandants - the ultimate guideline for personal responsibility. Follow these and you have moral order which in turn leads to societal order. ”Honour your father and your mother”, takes care of our elders. If you can’t, then someone in your family will and if they can’t, then it falls to our neighbours, which is way the Christian moral ethic operates. If we swept out government intervention tomorrow, civil society would pick up the baton. Faith groups and others would set up homes for the elderly where volunteers, religious and others would band together supported by private fundraising to do what a culture powered by love does.

We see this ethic in operation time after time, especially in America after natural disasters. People pitch in and help their neighbour.

America’s founding made this culture of love endemic and is the reason why so many want to flee to its shores, many of whom don’t even understand why this principle works, but they do get that the freedom it spawns does work. The founding fathers also knew the role of government must be to protect this freedom out of which personal responsibility flourishes. This was all placed under God in the Declaration of Independence which recognized the fundamental rights of life, liberty and pursuit of happiness.

The culture of ‘rights’ claims to protect, but it can never succeed. Firstly, take God out of the equation and we will never agree on what a ‘right’ is. It becomes a euphemism for decency. Bloated on luxurious budgets at the expense of ordinary people, the EU unceasingly dreams up new goodies to throw into the ‘rights’ bag, as we saw this summer with one member putting forward a bill for the ‘right’ to a summer holiday.

Secondly, where one ‘right’ is enforced, another will be violated. Take airport scanners. In the UK we will soon be required to do a full body scan without a pat down option if a passenger is selected for screening. If we refuse, we lose our right to fly. Flying is not a right, but in a free society a bought service. We choose this service based on how safe they make it, the food, seat comfort, etc.

The individual airlines in turn should be able to provide the necessary security as they see fit.

Decency dictates that appearing nude to a stranger while being bombarded with ionizing radiation would warrant another method more valid. But despite the unusual move by the EU to direct its member states not to use this type of scanner, the UK is going ahead because of the significant terror threats we face and our ‘rights’ be damned.

In a free society, airlines should be able to choose their methods of security and market them accordingly. Israeli airline EL AL would be the first port of call for consultation as they have cornered the market in determining who poses a threat by psychological profiling, suspect terrorist intelligence and good old fashioned common sense backed by gun wielding marshals on board. Now, that’s a service I would gladly pay for and relax on the flight.

And the rest who still feel violated? Since the majority of terrorists taking to the skies these days are Islamofacists, we could create flights based on Imam-defined rules of safety where Muslims might feel happier about not being profiled. The market would operate freely, we all have our dignity and ‘rights’ intact and we would see who did the better business. Similarly, a free market health care system weeds out the good hospitals from the bad and the impetus to decency of the individual would see to the needs of the truly destitute.

UN-Agenda 21-How it affects everyone

noreply@blogger.com (Anonymous) — Thu, 1 Dec 2011 05:17:00 -0800

First of all, I will make it known that I think the UN is a huge leftwing, anti American, waste of money that is about as useful as a pant-load to a toddler! With that off my chest, lets get down to the nuts and bolts and how they want world domination and will accomplish that by stripping YOU of your rights, one by one! Check this out:

“Agenda 21 proposes an array of actions which are intended to be implemented by every person on Earth…it calls for specific changes in the activities of all people… Effective execution of Agenda 21 will require a profound reorientation of all humans, unlike anything the world has ever experienced… ” - Agenda 21: The Earth Summit Strategy to Save Our Planet (Earthpress, 1993).

Presidential candidate Newt Gingrich stated during a recent campaign event that the United Nations was seeking to create an “extraconstitutional control” over the US with programs like Agenda 21. Gingrich’s remarks are featured in a YouTube video. But what is Agenda 21 and why has it taken nearly 20 years before this subject got national recognition?

Agenda 21 seeks to control populations through zoning and seizure of private property, strip national sovereignty, reduce the world population, even control our consumption of meat and air conditioning ... all in the name of the environment. And who can be against the environment, right?

Many Americans cringe at the mention of “global government” or “conspiracy.” And often, conspiracy theories have little basis in fact. But we must recognize that it is a basic element of human nature to seek wealth and power, and that people throughout human history have conspired together to do so. Not all conspiracies are real, but they do exist. And Agenda 21 is a perfect example on a global scale.

From the report produced by the United Nations Conference on Human Settlements, which was the predecessor to Agenda 21: “Land…cannot be treated as an ordinary asset, controlled by individuals and subject to the pressures and inefficiencies of the market. Private land ownership is also a principal instrument of accumulation and concentration of wealth and therefore contributes to social injustice…. Public control of land use is therefore indispensable….”

Our Constitution explicitly protects our private property rights. No wonder President Clinton signed it into law without consent from Congress. In fact, those who drafted the plan considered it to be so toxic that they warned proponents not to use the term Agenda 21.

“Participating in a UN advocated planning process would very likely bring out many of the conspiracy- fixated groups and individuals in our society,” said J. Gary Lawrence, adviser to President Clinton’s Council on Sustainable Development. “This segment of our society who fear ‘one-world government’ and a UN invasion of the United States through which our individual freedom would be stripped away would actively work to defeat any elected official who joined ‘the conspiracy’ by undertaking [Agenda 21].

So we call our process something else, such as comprehensive planning, growth management or smart growth.”

Rather than defend against the disinformation campaign used to prop up Agenda 21, we must read the document and instead demand why the UN thinks it has any business subjugating the world under its authority when their record is full of epic corruption and humiliating failures.

When America gets tough, the tough look offshore

noreply@blogger.com (Anonymous) — Sat, 26 Nov 2011 06:55:00 -0800

I have been telling my left wingnuts this for a long time, "What are you going to do when all the business' and wealthy leave"? They are now leaving at a rate of 54 people a MINUTE, taking their jobs and money with them! You people can't see the tree's for the forest of what is coming down the pipeline! The Sovereign Offshore Newsletter has been telling folks exactly how to go about this LEGALLY! Here is their latest edition and you had better take note:

When America gets tough,
the tough look offshore

America has become a country of deep philosophical chasms, and there now emerges the very real possibility the turmoil will tear the nation asunder.

Over the next 12 months, as America enters presidential-election season, the fight that is coming will determine whether the country swings decidedly right or left, because the winner will rightly claim a mandate to either continue on the current path into the dark night of socialist thinking ... or reintroduce morning in America.

The divisions in this country have already been brought into stark relief. For instance, 54% of Americans believe in a right to bear arms; 46% don’t.

48% believe marijuana should be legalized; 52% don’t.

45% of Americans support ObamaCare; 45% don’t.

No one can deny that during the past decade, America has changed for the worse...

We’re Living in Orwell’s Dystopia

It is just over 10 years since that unforgettable day in September 2001, when two planes slammed into the World Trade Center in apocalyptic fashion and changed America forever.

In spite of what our politicians tell us, America did not recover from that hammer blow. Today, we are worse off - not because of the terror, but because sycophantic politicians wrapping themselves fraudulently in patriotism, and the Americans who pardon their antics, allowed Osama bin Laden’s act to undermine our freedoms, liberties and ideals.

Electronic strip-searches at the airport...

IRS reporting rules that require merchants to disclose transactions of $10,000 or more or which require you to report foreign financial accounts...

Warrantless electronic surveillance of U.S. citizens...

Secret searches and electronic eavesdropping on Americans by the National Security Agency (with the President’s blessing)...

It’s all an eerie manifestation of Orwell’s dystopian 1984.

But The Tragedy Doesn’t Stop There...

America ended 2000 with a budget surplus of $236 billion, yet today she’s technically bankrupt, addled by annual deficits exceeding $1 trillion and with no honest options for repair - and, worse, a political process that is broken, dysfunctional and self-serving.

We’ve depleted our national treasure on wars of personal revenge and vendetta, spending more than $1.2 trillion - and counting - on conflicts inAfghanistan and Iraq that have accomplished little of national significance. Our accumulated debts now exceed $14 trillion, nearly 100% of GDP.

At The Sovereign Society, we know exactly how we would solve the debt crisis - but it would have nothing to do with Fed chairman Ben Bernanke’s redux of Operation Twist, which aims to stimulate the economy by pushing medium and long-term interest rates lower.
Our solution is simple - though it is one the Keynesian-minded, wealth-destroying automatons in Washington refuse to consider.

Firstly, kill ObamaCare.

It’s unconstitutional - no government should force its citizens to buy any product under threat of financial penalty. Business executives are so uncertain about the financial impact ObamaCare will impose they have no desire to hire new workers. The added costs only serve to make American businesses less competitive in the global marketplace.

Second, throw away the entire 71,600-page U.S. tax code and start from scratch.

Ensure that everyone pays a little something for the right to live in the freest nation on Earth. There is no reason 51% of American taxpayers effectively pay no income tax - and even less reason why 30% of taxpayers made money off the tax system through credits.

Reduce corporate income taxes while you’re at it.

Kill the various exemptions that individual industries have lobbied for.
And incentivize companies to repatriate the hundreds of billions of dollars sitting in corporate bank accounts overseas.

Unfortunately, none of those suggestions are likely to happen.

Instead, we have increased inefficient regulation at every turn. Obamacare will doubtless make matters even worse and will continue to work to dampen the animal spirit of American capitalism.

The outcome of the forthcoming election will have long-term ramifications for America.

There is Only One Thing Left To Do

We urge you to think about your financial parachute. Now is the time to have money in banks and brokerage firms overseas ... and in gold and land. You might even consider the possibility of a second passport or residency in another country. Because if fundamental changes in our political priorities and monetary policies don’t happen soon, America is going to become a very tough place to call home for anyone who has even a modicum of wealth.

A possible escape hatch is Asia, where growth is springing forth. Just look at the exploding economies in places like Phnom Penh, Singapore,Bangkok, Hong Kong.

Putting idle cash into EverBank’s Asian Currency Portfolio, for example, means you will inoculate yourself against the never-ending debasement of the U.S. dollar (a trend that has been ongoing for generations) by investing in currencies such as the Singapore dollar, Australian dollar, Indian rupee, Chinese yuan and Japanese yen - all of which consistently outperform the ailing greenback as Asia’s rising middle class fuels the growth of emerging-market economies.

There are a number of other countries that offer offshore banking, citizenship and tax haven opportunities.

Parts of South America - Uruguay in particular - can offer a nice golden parachute and soft landing. As Erika Nolan, Publisher of The Sovereign Individual, pointed out on earlier in the week, not only does Uruguay welcome the right people -- and clearly they are coming in steady numbers - it offers a delightful lifestyle and a myriad of real estate and land investment opportunities. At the same time, establishing Uruguayan citizenship is far from onerous.

In the event that life in the U.S. goes pear-shaped, we urge you to protect your future and the assets you have worked hard to accumulate for yourself and your family by going offshore.

Stay Sovereign my friends,

Stiffroots Corner

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We’re Living in Orwell’s Dystopia

But The Tragedy Doesn’t Stop There...

There is Only One Thing Left To Do

Five Strategies to Maximize
the Best Offshore Has to Offer

Why the Greatest Wealth Migration
in U.S. History Has Begun

Your Five Flags: A Strategy to Live as
Close to Government-Free as Possible

Stay Away from “Home”
To Maximize the Benefits

American Exodus as
Freedom Dies

When America gets tough,
the tough look offshore