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	<title>Liberty!</title>
	
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		<title>Increasing Executive Power By-Passes Due Process, Threatens Blogger Free Speech</title>
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		<comments>http://liberty.cooperusa.net/2010/08/29/increasing-executive-power-by-passes-due-process-threatens-blogger-free-speech/#comments</comments>
		<pubDate>Sun, 29 Aug 2010 13:00:19 +0000</pubDate>
		<dc:creator>liberal</dc:creator>
				<category><![CDATA[Finance and Economy]]></category>
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		<description><![CDATA[The Obama administration is accumulating power at an amazing rate, aided and abetted by its complicit Congress, who seems hell-bent on handing over its responsibilities to the Executive branch. This accumulation of power is un-constitutional, and is quickly reducing our liberties and free speech. Transfer of Legislative and Judicial powers to the Executive If you read the bills that are pouring out of this Congress, you will note the way that [...]]]></description>
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<p>The Obama administration is accumulating power at an amazing rate, aided and abetted by its complicit Congress, who seems hell-bent on handing over its responsibilities to the Executive branch.</p>
<p>This accumulation of power is un-constitutional, and is quickly reducing our liberties and free speech.</p>
<h2>Transfer of Legislative and Judicial powers to the Executive</h2>
<p>If you read the bills that are pouring out of this Congress, you will note the way that Progressives <span style="text-decoration: underline;">bypass the Constitution </span><a href="http://townhall.com/columnists/ThomasSowell/2010/08/18/dismantling_america_part_ii/page/full/" target="_blank">and public discussion of the contents</a> (See article by <a href="http://townhall.com/columnists/ThomasSowell/2010/08/18/dismantling_america_part_ii/page/full/" target="_blank">Thomas Sowell</a>).  These laws (health care, financial reform, etc.) strengthen the power of the Executive by instructing the Government to do 3 things:</p>
<ol>
<li>Set up a Board, Office or Department to make rules (&#8220;Legislative&#8221;).</li>
<li>Execute against those rules (&#8220;Executive&#8221;).</li>
<li>Prosecute, try and punish people who break the rules (&#8220;Judiciary&#8221;).</li>
</ol>
<p>So in a single bill, power from the Legislative and Judicial branches passes to the Executive.  You might argue that this is how government has worked forever. Wrong!  The <a href="http://liberty.cooperusa.net/2010/04/06/what-is-in-the-health-care-bill/" target="_self">health care bill created</a> over 150 &#8220;Boards, Offices or Departments&#8221;, and that had never been done since &#8230; you guessed it .. FDR.</p>
<p>This whole process turns the entire political system that created this country upside down!</p>
<p>Take a look at one example:</p>
<h3><a href="http://arstechnica.com/tech-policy/news/2010/08/pr-firm-settles-with-ftc-over-alleged-app-store-astroturfing.ars" target="_blank">FCC Fines Firm for Astroturfing</a></h3>
<p>PR firm Reverb Communications was hired to write favorable reviews of iPhone games on Apple&#8217;s App Store.  I don&#8217;t know about you, but I know that in the anonymous world of the Internet, that anyone can do a review of a product, and I have to take that with a grain of salt &#8211; <em>caveat emptor</em>.  In fact, it is why &#8220;trust&#8221; systems, like that encouraged by eBay and Amazon, add value to reviews.  They help you recognize legitimate reviewers, and trusted people, so you can separate them from the author&#8217;s brother, mother, or PR firm.</p>
<p>The FCC decided (in 2009 &#8211; the Age of Obama) to pass a rule that any &#8220;Consumer-generated media&#8221; would have to disclose whether or not a reviewer had a commercial link to the product/service being reviewed.  The FTC can fine you $11,000 (plus injunctions against your future reviewing!) (Read the <a href="http://ftc.gov/opa/2009/10/endortest.shtm" target="_blank">FTC PR announcement here</a>.)</p>
<p>So in a flash (and I don&#8217;t recall any public debate, and mention in Congress), the FTC lays down its &#8220;guidelines&#8221; for free speech for <a href="http://ftc.gov/opa/2009/10/endortest.shtm" target="_blank">Advertisements, Bloggers, Celebrity Endorsements</a>.  Yikes!  Did they mention <strong>Bloggers</strong>!?!</p>
<p>So, if a Blogger who works for, say the Democratic National Committee, promotes its product anonymously on a web site, they could be in violation of <a href="http://ftc.gov/os/2009/10/091005endorsementguidesfnnotice.pdf" target="_self">FEDERAL TRADE COMMISSION 16 CFR Part 255</a>.  If you read your brother&#8217;s new book and thought it was great, a nice review could land you an $11,000 fine, if you and your brother have a &#8220;material connection&#8221;.</p>
<p>Would your opinion/review on ePinions.com be a violation? (as ePinions.com pays you and collects money from the advertisers).</p>
<p>What is a product review?  Why does the FCC decide that my speech (in this blog, for example) is acceptable , or not?</p>
<p>And how do they suddenly decide they can pass down a fine?  Well, to be fair, <a href="http://ftc.gov/opa/2009/10/endortest.shtm" target="_blank">they state</a>:</p>
<blockquote><p>The Guides are administrative interpretations of the law intended to help advertisers comply with the Federal Trade Commission Act; they are not binding law themselves. In any law enforcement action challenging the allegedly deceptive use of testimonials or endorsements, the Commission would have the burden of proving that the challenged conduct violates the FTC Act.</p></blockquote>
<p>However, in the Reverb case, Reverb looked for an easier (cheaper) way out, as I am sure you and I would do, when faced with a huge bureaucracy with &#8220;unlimited resources&#8221; coming at you &#8230;</p>
<blockquote><p><a href="http://arstechnica.com/tech-policy/news/2010/08/pr-firm-settles-with-ftc-over-alleged-app-store-astroturfing.ars" target="_self">Reverb agreed to the settlement terms</a>, though the <em><strong>company maintains that it disagrees completely with the FTC&#8217;s allegations and admits to no wrongdoing</strong></em>. [my emphasis]. &#8220;During discussions with the FTC, it became apparent that we would never agree on the facts of the situation,&#8221; Reverb said in a statement released to MTV Multiplayer. &#8220;Rather than continuing to spend time and money arguing, and laying off employees to fight what we believed was a frivolous matter, we settled this case and ended the discussion.&#8221;</p></blockquote>
<p>The journalist in ars technica also went on the say:</p>
<blockquote><p>Still, Reverb&#8217;s potentially unfair influence on App Store buyers may not be that great. As MTV Multiplayer pointed out, only those that have downloaded a game from the App Store can review it, so it would take serious effort and a lot of paid reviewers to influence its overall rating. If a game is truly awful or truly amazing, the ratings will reflect that fact.</p></blockquote>
<p>The Harvard Law Review <a href="http://www.harvardlawreview.org/media/pdf/april123_recent_regulation.pdf" target="_blank">published an opinion on this regulation</a>, calling it unconstitutional.</p>
<blockquote><p>Recently, the Federal Trade Commission (FTC) revised their Endorsement and Testimonial Guides (Guides) to cover “consumer generated media” such as blogs and other internet media forms. In the interest of providing consumers with full disclosure, the Guides require bloggers to disclose any “material connection[s]” they have with producers of any products that they “endorse” on their blogs. A “material connection” includes not only monetary compensation, but also any free good received by the blogger — even if that good was provided unsolicited, with no conditions attached, for the purpose of allowing the blogger to review the product. Yet a constitutional analysis of unpaid blogger endorsements shows that such endorsements are not commercial speech — which receives reduced constitutional protection — but rather noncommercial speech entitled to full First Amendment protection. Not only do the Guides burden bloggers’ protected speech, they also create an unfair double standard by exempting legacy media from the Guides’ disclosure requirements. Therefore, the Guides should be ruled unconstitutional as applied to bloggers.</p></blockquote>
<p>Yet, the first test case that the FCC has using this results in a target rolling over.  It seems like part of a plan to <a href="http://liberty.cooperusa.net/2010/05/10/obama-moving-to-censor-internet/" target="_self">regulate the Internet</a>.</p>
<p>We should be very concerned about this enormous accumulation of power in an uncontrolled bureaucracy.  It threatens our freedoms, and the very foundation of the country.</p>
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(Cross posted to <a href="http://www.redstate.com/libertyyes/2010/08/29/increasing-executive-power-by-passes-due-process-threatens-blogger-free-speech">http://www.redstate.com/libertyyes/2010/08/29/increasing-executive-power-by-passes-due-process-threatens-blogger-free-speech</a>)</p>
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		<title>Sowell Ringing Alarm Bells for Liberty!</title>
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		<comments>http://liberty.cooperusa.net/2010/08/24/sowell-ringing-alarm-bells-for-liberty/#comments</comments>
		<pubDate>Tue, 24 Aug 2010 17:03:45 +0000</pubDate>
		<dc:creator>liberal</dc:creator>
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		<pubDate>Fri, 20 Aug 2010 12:34:48 +0000</pubDate>
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		<description><![CDATA[A neat new service from a Swiss company organzies all the references in tweets and is an EXCELLENT read! http://paper.li/LibertyYes Related Posts Open Wiiiiiiiiide! Welcome to ObamaCare! Ok, we have the BHO-care as law! � Sigh! I read the following from a ChangeWave email today: Take Our Medicine, Please Back in 2008,... My God! It [...]]]></description>
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<p>A neat new service from a Swiss company organzies all the references in tweets and is an EXCELLENT read!</p>
<h2><a href="http://paper.li/LibertyYes"><strong>http://paper.li/LibertyYes</strong></a></h2>
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		<title>2010 Federal Budget Spending</title>
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		<pubDate>Mon, 26 Jul 2010 11:06:25 +0000</pubDate>
		<dc:creator>liberal</dc:creator>
				<category><![CDATA[Finance and Economy]]></category>
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		<description><![CDATA[The President&#8217;s budget for 2010 totals $3.55 trillion. Percentages in parentheses indicate percentage change compared to 2009. This budget request is broken down by the following expenditures: Mandatory spending: $2.184 trillion (+15.6%) $695 billion (+4.9%) – Social Security $453 billion (+6.6%) – Medicare $290 billion (+12.0%) – Medicaid $0 billion (−100%) – Troubled Asset Relief [...]]]></description>
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<p>The President&#8217;s budget for 2010 totals $3.55 trillion. Percentages in parentheses indicate percentage change compared to 2009. This budget request is broken down by the following expenditures:</p>
<p>Mandatory spending: $2.184 trillion (+15.6%)<br />
$695 billion (+4.9%) – Social Security<br />
$453 billion (+6.6%) – Medicare<br />
$290 billion (+12.0%) – Medicaid<br />
$0 billion (−100%) – Troubled Asset Relief Program (TARP)<br />
$0 billion (−100%) – Financial stabilization efforts<br />
$11 billion (+275%) – Potential disaster costs<br />
$571 billion (−15.2%) – Other mandatory programs<br />
$164 billion (+18.0%) – Interest on National Debt</p>
<p>US receipt and expenditure estimates for fiscal year 2010.Discretionary spending: $1.368 trillion (+13.1%)<br />
$663.7 billion (+12.7%) – Department of Defense (including Overseas Contingency Operations)<br />
$78.7 billion (−1.7%) – Department of Health and Human Services<br />
$72.5 billion (+2.8%) – Department of Transportation<br />
$52.5 billion (+10.3%) – Department of Veterans Affairs<br />
$51.7 billion (+40.9%) – Department of State and Other International Programs<br />
$47.5 billion (+18.5%) – Department of Housing and Urban Development<br />
$46.7 billion (+12.8%) – Department of Education<br />
$42.7 billion (+1.2%) – Department of Homeland Security<br />
$26.3 billion (−0.4%) – Department of Energy<br />
$26.0 billion (+8.8%) – Department of Agriculture<br />
$23.9 billion (−6.3%) – Department of Justice<br />
$18.7 billion (+5.1%) – National Aeronautics and Space Administration<br />
$13.8 billion (+48.4%) – Department of Commerce<br />
$13.3 billion (+4.7%) – Department of Labor<br />
$13.3 billion (+4.7%) – Department of the Treasury<br />
$12.0 billion (+6.2%) – Department of the Interior<br />
$10.5 billion (+34.6%) – Environmental Protection Agency<br />
$9.7 billion (+10.2%) – Social Security Administration<br />
$7.0 billion (+1.4%) – National Science Foundation<br />
$5.1 billion (−3.8%) – Corps of Engineers<br />
$5.0 billion (+100%) – National Infrastructure Bank<br />
$1.1 billion (+22.2%) – Corporation for National and Community Service<br />
$0.7 billion (0.0%) – Small Business Administration<br />
$0.6 billion (−14.3%) – General Services Administration<br />
$19.8 billion (+3.7%) – Other Agencies<br />
$105 billion – Other</p>
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		<title>Financial Reform Does Not Reform Freddie and Fannie</title>
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		<comments>http://liberty.cooperusa.net/2010/07/19/financial-reform-does-not-reform-freddie-and-fannie/#comments</comments>
		<pubDate>Mon, 19 Jul 2010 13:00:44 +0000</pubDate>
		<dc:creator>liberal</dc:creator>
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		<description><![CDATA[Last week the &#8220;financial Reform&#8221; bill passed Congress &#8230; but there was no mention of the 2 complicit GSE&#8217;s, Freddie Mac and Fannie Mae. They have cost $160B so far and will likely cost $1 TRILLION to clean up. And the people that wrote this new bill?  The same people who DENIED over and over [...]]]></description>
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<p>Last week the &#8220;financial Reform&#8221; bill passed Congress &#8230; but there was no mention of the 2 complicit GSE&#8217;s, Freddie Mac and Fannie Mae.  They have cost $<a href="http://www.bloomberg.com/news/2010-06-13/fannie-freddie-fix-expands-to-160-billion-with-worst-case-at-1-trillion.html" target="_blank">160B so far </a>and will likely cost $1 TRILLION to clean up.</p>
<p>And the people that wrote this new bill?  The same people who DENIED over and over again that the GSE&#8217;s were just fine:</p>
<p>Rep Richard Baker (R-LA) asked in 2003 for more regulation of these corrupt giants.  Watch <strong>Rep Maxine Waters</strong> (D-CA) say &#8220;We do not have a criss at Freddie Mac, and particular at Fannie Mae, under the outstanding leadership of Franklin Raines&#8221; [later convicted of fraud, a current Obama advisor] .</p>
<p>Watch Rep Gregory Meeks (D-NY) say &#8220;there is nothing wrong&#8221;, &#8220;we don&#8217;t need it [regulation]&#8220;. Rep Lacy Clay (D-MO) called the hearings a &#8220;political lynching of Franklin Raines&#8221; (who happens to be an African American).  <strong>Rep Barney Frank</strong> (D-MA) says &#8220;I don&#8217;t see anything in this report that raises safety and soundness problems.&#8221;</p>
<p>Watch this if you can stomach the lies!</p>
<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="425" height="344" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/y4A0RuXhnQA&amp;hl=en_US&amp;fs=1" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="425" height="344" src="http://www.youtube.com/v/y4A0RuXhnQA&amp;hl=en_US&amp;fs=1" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
<p>These same blockers received campaign donations (Obama was #1) from these GSE&#8217;s.  How can we believe anything will change?  I don&#8217;t</p>
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		<title>Ronald Reagan Discusses Socialized Medicine</title>
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		<pubDate>Mon, 12 Jul 2010 12:00:37 +0000</pubDate>
		<dc:creator>liberal</dc:creator>
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		<description><![CDATA[Those who fail to learn from history are doomed to repeat it. Listen to the wisdom of Reagan. Related Posts Earthquake in Mass! Will Obama Listen, or Double Down? Republican Independent Scott Brown won the� Massachusetts� Senate� seat in what is clearly a national� referendum rejecting Obamacare and Obama's era of BIG� Government. People... How [...]]]></description>
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<p>Those who fail to learn from history are doomed to repeat it.</p>
<p>Listen to the wisdom of Reagan.</p>
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		<title>Fiscal Insanity from the Economic Intelligentsia</title>
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		<pubDate>Wed, 30 Jun 2010 11:10:18 +0000</pubDate>
		<dc:creator>liberal</dc:creator>
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		<description><![CDATA[If you can keep your head when all about you Are losing theirs and blaming it on you Rudyard Kipling So-called &#8220;intelligent people&#8221; are continuing to call shots and give advice to the US President and Congress that is leading us straight over the financial cliff. Obama claims that the root causes of our financial crisis are: [...]]]></description>
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<blockquote><p><a href="http://www.davidpbrown.co.uk/poetry/rudyard-kipling.html" target="_blank">If </a>you can keep your head when all about you<br />
Are losing theirs and blaming it on you</p></blockquote>
<h5 style="text-align: right;"><em>Rudyard Kipling</em></h5>
<p>So-called &#8220;intelligent people&#8221; are continuing to call shots and give advice to the US President and Congress that is leading us straight over the financial cliff.</p>
<p>Obama claims that the root causes of our financial crisis are:  a) Bush, b) Wall Street, c) Banks, and d) Republicans.<br />
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<p>Paul Krugman, like Obama, a Nobel-prize winner (which should say something about his credibility) is a perma-Keynesian who writes for the NY Times.  I <a href="http://liberty.cooperusa.net/2010/06/16/how-deep-is-the-bottomless-pit-of-government-spending/" target="_self">noted recently</a> that he has been one of the prime proponents of MASSIVE  borrowing and spending by the Federal government.</p>
<p>Now on Sunday the 27th, he warned we are entering a Depression.  He whines about the lack of spending from government:</p>
<blockquote><p>&#8220;you might have expected policy makers to realize that they haven’t yet done enough to promote recovery. But no: over the last few months there has been a stunning resurgence of hard-money and balanced-budget orthodoxy.&#8221;</p></blockquote>
<p>Gee Paul, what part of reckless spending don&#8217;t you understand?  He says that not spending is a deliberate mean-spirited act:</p>
<blockquote><p>&#8220;the victory of an orthodoxy that has little to do with rational analysis, whose main tenet is that imposing suffering on other people is how you show leadership in tough times.&#8221;</p></blockquote>
<p>It now seems that Krugman, Obama and his merry men are becoming a smaller and smaller voice, as governments all over the world wobble with crushing debts and deficits. <a href="http://www.washingtonpost.com/wp-dyn/content/article/2010/06/27/AR2010062701754.html?hpid=sec-world" target="_blank">Obama encouraged the G20 in Toronto to spend</a>; they told him to pound sand.</p>
<p>Rebuffed, Obama still cannot bring himself to <span style="text-decoration: underline;">reduce government spending</span> &#8212; rather we will see some wild-ass tax proposals.  As far as he is concerned, though federal expenditures are <a href="http://www.usgovernmentspending.com/charts" target="_blank">up 21% in the last 2 years</a>, spending isn&#8217;t the problem. He wants to hike taxes, but knows he hasn&#8217;t got a chance before the November elections, so he s<a href="http://content.usatoday.com/communities/theoval/post/2010/06/obama-signals-coming-battle-over-debt/1" target="_blank">ent a veiled warning  from Toronto</a>:</p>
<blockquote><p>&#8220;I hope some of these folks who are hollering about deficits and debt step up, because I&#8217;m calling their bluff, And we&#8217;ll see how much of the political arguments they&#8217;re making right now are real, and how much of it was just politics.&#8221;</p></blockquote>
<p>Why wait? Well, he has to wait for his blue-ribbon debt commission to come back (after the election), so he can propose taxes, taxes, taxes .. to save us.  But that committee looks like there are some <a href="http://www.thefiscaltimes.com/Issues/Budget-Impact/2010/06/20/Alan-Simpson-Wrong-on-Social-Security.aspx" target="_blank">no-nonsense members, like Alan Simpson</a>, who aren&#8217;t going to pussy foot around &#8212; so that may blow up on Obama.</p>
<p>Of course, the <span style="text-decoration: underline;">root causes</span> of the financial crises <span style="text-decoration: underline;">are not</span>, according to the government:</p>
<ul>
<li>Reckless government spending</li>
<li>Unfunded programs: social security, medicare, prescription drugs</li>
<li>Unfunded government union pensions</li>
<li>A non-transparent and reckless Fed, who is trying experiments never tried before</li>
<li>Freddie and Fannie, encouraged by Congress, backing ridiculous loans to anyone with a dog</li>
<li>And did I mention? reckless government spending</li>
</ul>
<p>The reality is that we cannot spending our way out of an over-spending problem, regardless of what Nobel-prize winning economists say.</p>
<p>Allan Meltzer writes in today&#8217;s WSJ: &#8220;<a href="http://online.wsj.com/article/SB10001424052748704629804575325233508651458.html" target="_blank">Why Obamanomics Has Failed</a>:</p>
<blockquote><p>&#8220;Almost daily, Mr. Obama uses his rhetorical skill to castigate businessmen who have the audacity to hope for profitable opportunities. No president since Franklin Roosevelt has taken that route. President Roosevelt slowed recovery in 1938-40 until the war by creating uncertainty about his objectives. It was harmful then, and it&#8217;s harmful now.&#8221;</p></blockquote>
<p>The solution? Reganomics anyone?</p>
<blockquote><p>&#8220;The contrast with President Reagan&#8217;s antirecession and pro-growth measures in 1981 is striking. Reagan reduced marginal and corporate tax rates and slowed the growth of nondefense spending. Recovery began about a year later. After 18 months, the economy grew more than 9% and it continued to expand above trend rates.&#8221;</p></blockquote>
<p>Are we too late to following recovery plans like Prices&#8217;s &#8220;<a href="http://thehill.com/special-reports/appropriations-june-2010/104021-stop-reckless-spending" target="_blank">Stop Reckless Spending&#8221; plan</a>, or Paul Ryan&#8217;s &#8220;<a href="http://www.roadmap.republicans.budget.house.gov/News/DocumentSingle.aspx?DocumentID=167112" target="_blank">Roadmap for America&#8217;s Future</a>&#8220;?</p>
<p>I&#8217;m afraid we will suffer a lot of pain before then.  Mish Sherlock wrote this week that &#8220;<a href="http://globaleconomicanalysis.blogspot.com/2010/06/consumer-confidence-takes-dive-treasury.html" target="_blank">An Economic Depression is Here</a>&#8220;. Congress and The Fed are to blame.</p>
<p>Hold tight &#8230; this won&#8217;t be fun.</p>
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		<title>How Deep Is the Bottomless Pit of Government Spending?</title>
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		<pubDate>Wed, 16 Jun 2010 16:00:13 +0000</pubDate>
		<dc:creator>liberal</dc:creator>
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		<description><![CDATA[Is it a requirement of people who run for public office that they must abandon all sense of fiscal sanity? It would seem so. A review of the headlines over the past 2 weeks shows us that Forrest Gump was right: Stupid is as stupid does. Where do we start? Governments Borrowing to Pay Debts [...]]]></description>
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<p>Is it a requirement of people who run for public office that they must abandon all sense of fiscal sanity?  It would seem so.</p>
<p>A review of the headlines over the past 2 weeks shows us that Forrest Gump <em>was </em><strong>right: </strong></p>
<p><strong> </strong></p>
<blockquote><p><span style="font-weight: normal;"><em>Stupid is as stupid does</em></span>.</p></blockquote>
<p>Where do we start?</p>
<h2>Governments Borrowing to Pay Debts</h2>
<p>What would happen to your family finances if you took out a Home Equity Loan to pay the mortgage?  It doesn&#8217;t take a rocket scientist to figure it out .. you will have more debt that you have to pay off down the road.  But it seems that governments all over the place have developed this very habit.  <a href="http://liberty.cooperusa.net/2009/08/13/the-solution-to-overspending-on-credit-more-credit-of-course/" target="_self">The Solution to Overspending on Credit? More Credit, of Course</a>.</p>
<p>It started on June 11 when <a href="http://www.nytimes.com/2010/06/12/nyregion/12pension.html" target="_blank">Gov Paterson of New York borrowed $6 Billion</a> from the New York State pension fund to pay &#8230; the New York State pension fund!  Talk about dumb!  The pension fund <span style="text-decoration: underline;">plans </span>to earn 8% on its investments, but is willing to lend it to the Government for a mere 4.5% &#8211; 5.5%!  Sort of stupid .. sort of really corrupt.  When the cows come home to roost on this one, God Bless New York!</p>
<p>Even more frightening to us all is the bottomless liability posed by Freddie and Fannie. <strong><a href="http://www.bloomberg.com/apps/news?pid=20601109&amp;sid=an_hcY9YaJas&amp;pos=10" target="_blank">Fannie-Freddie Fix at $160 Billion With $1 Trillion Worst Case</a>. </strong>Now a Trillion is a lot of money<strong>. </strong>Rather than collapse these disasters and turn mortgage underwriting and insurance back to the private sector, these living dead will suck the blood out of us for years to come &#8230;</p>
<h2>Government Drunk on Spending</h2>
<p>I always preface <em>drunken government spending</em> comments with this quote from Ronald Reagan:</p>
<blockquote><p>We could say [Democrats] spend money like drunken sailors, but that would be unfair to drunken sailors. It would be unfair, because the sailors are spending their own money.</p></blockquote>
<p>Want to really get concerned?  Take a look at the <a href="http://www.usdebtclock.org/" target="_blank">US Debt Clock</a>. The Total Debt Per Citizen sits at $175,281, or $669,993 per family.  Given income per family is only $62,445,<span style="text-decoration: underline;"> it would take 10 years of working just for the government for us to pay of this debt</span>.</p>
<p>Add liabilities of Social Security, Prescription Drugs, Medicare and other unfunded liabilities &#8211; the total liabilities per citizen rises to $352,617.  Assets are $235,844.  So <strong><em>we are technically bankrupt</em></strong>. We are short $116,773 per man, woman and child in the country!!</p>
<h2>Government Ignoring Need to Stop Spending</h2>
<p>Encouraged by Keynesian economists like Paul Krugman who wrote even this week: <a href="http://krugman.blogs.nytimes.com/2010/06/14/the-bad-logic-of-fiscal-austerity/" target="_blank">The Bad Logic Of Fiscal Austerity</a>.  He argues that borrowing a $1 Trillion and paying the interest is affordable and</p>
<blockquote><p>not much cost to pay for generating jobs when they’re badly needed and avoiding disastrous cuts in government services.</p></blockquote>
<p>Ah! The last thing we can do is stop government spending!  If in fact government spending was actually positive, then is there a limit?  Why not spend as much as we can borrow? (Oops! I think they are already doing that!!)  Now don&#8217;t think you have permission to argue with this Nobel Laureate or the anointed economic elite.  You just don&#8217;t &#8220;get it&#8221;.</p>
<p>During the last 5 years, governments have increased their spending and hiring by leaps and bounds, while their revenues have shrink.  According to the Krugman crowd, <em>this makes sense</em>.</p>
<h2>Who is Footing the Bill?</h2>
<p>But <strong>you will pay the bills</strong>.  I extracted some figures from the Debt Clock to create the following analysis:</p>
<p><img src="http://liberty.cooperusa.net/Images/workers.jpg" alt="Who's Paying the Bills?" width="450" height="330" /></p>
<p>Private industry workers (who pay ALL the bills) comprise 51% of all people working, unemployed, retired or working for governments.  Government employees, who are 14% of this total, consume over 30% of the GDP.  So 1/2 of us have to pay for the other half &#8230; BUT WAIT!</p>
<p><a href="http://www.msnbc.msn.com/id/36226444/ns/business-personal_finance/" target="_blank">Only 1/2 of us who file tax returns pay federal taxes</a>!  If we assume this is evenly distributed among private industry workers, we have<strong> 1/4 of the population paying for the largess of government!</strong></p>
<p><strong>I don&#8217;t think this ends well.  It can&#8217;t. It doesn&#8217;t make sense. And when you need a Princeton PhD to explain why it does, I know it doesn&#8217;t.</strong></p>
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		<title>FTC Proposes to Regulate Internet News!</title>
		<link>http://feedproxy.google.com/~r/cooperusa/rdVi/~3/LIdp3llY4YU/</link>
		<comments>http://liberty.cooperusa.net/2010/06/02/ftc-proposes-to-regulate-internet-news/#comments</comments>
		<pubDate>Wed, 02 Jun 2010 13:05:37 +0000</pubDate>
		<dc:creator>liberal</dc:creator>
				<category><![CDATA[freedom]]></category>
		<category><![CDATA[Big Government]]></category>
		<category><![CDATA[constitution]]></category>
		<category><![CDATA[free press]]></category>
		<category><![CDATA[socialism]]></category>
		<category><![CDATA[The Left]]></category>

		<guid isPermaLink="false">http://liberty.cooperusa.net/?p=634</guid>
		<description><![CDATA[FTC proposal suggests we:

Abridge the freedom of speech and the press by restricting the utterance of facts reported in the news.
Limit the ability of search engines to search news.
License news so you pay when you repeat a fact.
Allow news organizations to collude.
Subsidize some news organizations, and promote non-profit news organizations for good social purposes.
Provide you with a voucher so you can buy non-profit news.
Tax TV, radio, TVs, radios, spectrum, advertising and cell phones.]]></description>
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<p>Today we take a detailed look at a recent FTC proposal that effectively regulates the news. You can get it <a href="http://www.ftc.gov/opp/workshops/news/jun15/docs/new-staff-discussion.pdf" target="_blank">here</a>.</p>
<p>Hold onto your copy of the <a href="http://www.usconstitution.net/const.html#Am1" target="_blank">US constitution</a>, which states:</p>
<blockquote><p><strong>Congress shall make no law </strong><strong><span style="font-weight: normal;">respecting </span></strong>an establishment of religion, or prohibiting the free exercise thereof; or <strong>abridging the freedom</strong> of speech, or <strong>of the press</strong>; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.</p></blockquote>
<p>The FTC, packed with <a href="http://www.glennbeck.com/content/show/2010-05-10/" target="_blank">Obama socialists</a>, has just published a <em>Discussion Draft</em> on &#8220;<a title="FTC PDF" href="http://www.ftc.gov/opp/workshops/news/jun15/docs/new-staff-discussion.pdf" target="_blank">Potential Policy Recommendations to Support the Reinvention of Journalism</a>&#8220;.  <strong>These proposals seek to regulate the Internet</strong> &#8212; not just access speeds and bandwidth, but <strong>the information itself</strong>!</p>
<h3><strong>Proposal 1: Control the Utterance of Fact</strong>s</h3>
<p>The FTC deplores the fact that copyright does not protect &#8220;facts&#8221; in news stories, that other organizations can &#8220;free-ride&#8221; by repeating the facts gathered by newspapers.</p>
<blockquote><p>Advocates argue “the copyright act allows parasitic aggregators to ‘free ride’ on others’ substantial journalistic investments,” by protecting only expression and not the underlying facts, which are often gathered at great expense. They define parasitic aggregators as those that, without permission, post enough material to render the original news stories redundant. This free-riding undercuts revenue for those who make investments in journalism and undermines their incentive to do so, according to advocates. They suggest that federal hot news legislation could help <em>address revenue problems facing newspapers</em> by preventing this free-riding.</p></blockquote>
<p>So the first point is : why does the FTC think they have to intervene to help one type of competitor in the media?</p>
<p>They go on to discuss what the moratorium period might be under federalized &#8220;hot news&#8221; rules &#8212; rules that would prohibit, it would seem, you from tweeting information published by, say, the <a href="http://weaselzippers.us/2010/05/22/latest-white-house-produced-propaganda-west-wing-week-video/" target="_blank">White House news team</a>.  While they discuss a &#8220;2 hour&#8221; ban &#8212; what would stop politicians and liberal courts from a 2-month ban?? &#8230; making the only <strong><em>facts </em></strong>available from White House trusted sources.</p>
<h3>Proposal 2: Limit Search Engine Fair Use of News</h3>
<p>To be fair, this argument is balanced, but consider this &#8212; that obscure blog that breaks embarrassing news might not be indexed by the search engine, ensuring that popular sites (Time, Newsweek, New York Time and other left-leaning sites) are the only ones with the &#8220;facts&#8221;.</p>
<h3>Proposal 3: License News</h3>
<p>Getting a chill yet.  They go on to say:</p>
<blockquote><p><strong>governments </strong>have considered how to provide adequate incentives and <strong>funding for the news</strong> and are exploring, for example, the <strong>creation of government-fostered pilot programs </strong>to investigate new business models for IP  [Intellectual Property] and discourage free-riding.</p></blockquote>
<p>The notion: If you want to tweet a story, you pay a &#8220;micro-payment&#8221; back to the originator: the NYT, the White House news machine, etc.</p>
<p>They acknowledge:</p>
<blockquote><p>A compulsory license places an effective tax on certain conduct.</p></blockquote>
<p>So yes, the <em><strong>FTC proposes we tax the dissemination of  FACTS</strong></em>, clearly abridging the freedom of speech and the free press.</p>
<h3>Proposal 4: Drop Anti-Trust Rule for Newspapers So They Can Collude to Force Consumers to Pay for News</h3>
<p>Another chilling concept.  So let me count it up so far (and I am only on page 13 of the 47 page report) &#8230; you can&#8217;t repeat facts, you can&#8217;t search news, and you have to pay to find news facts &#8230; all under government licence.  Now, <em>big news</em> can syndicate their news and prevent anyone from uttering the facts they find!!!</p>
<h3>Proposal 5: Provide Government Subsidies to Some News Organizations</h3>
<p>Yikes! The FTC comments:</p>
<blockquote><p>Many people, including journalists, recoil at the thought of government assistance to sustain journalism.</p></blockquote>
<p>(Me too!)  Yet it justifies subsidies with a comment that it has been done and:</p>
<blockquote><p>The Corporation for Public Broadcasting has received direct support for over 40 years.</p></blockquote>
<p>The FTC report waxes on for pages on the glories and success of Public Broadcasting.</p>
<blockquote><p>“the fundamental purpose of public service media is to provide programs and services that inform, enlighten and enrich the public… CPB invests in programs and services that are educational, innovative, locally relevant and reflect America’s common values and cultural diversity.”</p></blockquote>
<p>Can you hear the choirs singing the praises to the glories of PBS, comrade?  The FTC moans on &#8230;</p>
<blockquote><p>The U.S. government’s support for public broadcasting is very small compared to other democratic countries. For example, “if the United States spent at the same per capita level as Canada, our federal commitment would be $7.5 billion.” Per capita spending by Finland and Denmark is approximately 75 times greater.</p></blockquote>
<p>So the proposal is to provide subsidies (i.e.  Place more news organizations under government funding = control).</p>
<h3>Subsidies</h3>
<ul>
<li><strong>Fund AmeriCorps Journalism Division</strong>. Can anyone say &#8220;Socialism youth camp and ministry of information&#8221;?</li>
<li><strong>Direct more funds to Public Broadcasting</strong>.</li>
<li><strong>Directly fund local news</strong>.  Now who would hand out the money? Would a non-government supporting blog get funded?</li>
<li><strong>Provide tax credits for hiring reporters</strong>.</li>
<li><strong>Provide citizens with a voucher to buy non-profit news</strong>!  You have to read the entire text to grasp the Orwellian nature of this proposal.</li>
<blockquote>
<li><strong>Establish Citizenship News Vouchers</strong>. Citizenship news vouchers would allow every American tax payer to allocate some amount of <em>government funds</em> to the <em>non-profit media organization</em> of their choice. People could indicate on their tax return whether and to which nonprofit organization they want a specific amount (perhaps up to $200) to be donated, but they would not be required to designate a donation. They could split their “federal funds” donation among several different <em>qualifying nonprofit media</em><strong> </strong>. Proponents of this approach suggest it would create a funding mechanism to encourage viable independent Internet journalism while avoiding government control or the creation of a bureaucracy that could influence the recipients of the money based on politics. This proposal also could give foundations a role to play. Foundations could provide start-up funding for 3 to 5 years to help new ventures, “and then see if there is popular support for the venture in the form of Citizenship News Vouchers.” If desired, this proposal could be structured to apply to commercial, as well as non-profit, news entities.</li>
</blockquote>
<li><strong>Provide grants to universities to conduct investigative journalism</strong>.  Has anyone seen a journalism school in America that is not far left-of-center?</li>
<li><strong>Provide SBA funds to nonprofit journalism organizations</strong>.  Can you spell &#8220;ACORN&#8221;?</li>
<li><strong>Point the Voice Of America at America</strong>.</li>
<li><strong>Increase postal subsidies for newspapers</strong>.</li>
</ul>
<h2>New Taxes</h2>
<p>The FTC paper then rambles into a long discussion of how to <strong>tax </strong>to pay for &#8220;better news&#8221;.</p>
<ol>
<li>7% tax on radio and TV revenues! (Watch your cable bill folks!)</li>
<li>5% tax on TVs and radios!</li>
<li>Tax on spectrum auction prices.</li>
<li>2% tax on all advertising!</li>
<li>Another federal 3% tax on cell phone bills!</li>
</ol>
<h2>A Better Society for All</h2>
<p>The FTC then waxes on about the best organization structure for news so that it serves</p>
<blockquote><p>social purposes, such as economic redevelopment or environmental protection.</p>
<div id="_mcePaste">Some news entities may wish to explore hybrid organizational structures that integrate the pursuit of social purposes with business activities. These organizational designs include, among others, “Flexible Purpose” and “Benefit” corporations and low-profit limited liability companies (L3Cs). These hybrid designs may make sense for news entities, because journalism can fit a “social purpose” paradigm – that is, good journalism improves social welfare by educating the public through truthful and insightful reporting.</div>
</blockquote>
<div id="_mcePaste">Gee, is current news un-truthful and not insightful?  I seem to find a lot of insight but <em>truth </em>(from NYT, White House, etc) is sometimes hard to divine. Caveat emptor.  Social purpose non-profits?  Does it sound like George Soros is behind this?</div>
<div><strong>&#8220;Innovations&#8221; To Promote Low-Cost Journalism</strong></div>
<p>The report suggests government make Freedom of Information Act data (and most government information) more readily available, indexable and available (to select new organizations) for a reduced-fee.</p>
<h3>Summary</h3>
<p>In a nutshell, the FTC proposal suggests we:</p>
<ul>
<li>Abridge the freedom of speech and the press by restricting the utterance of facts reported in the news.</li>
<li>Limit the ability of search engines to search news.</li>
<li>License news so you pay when you repeat a fact.</li>
<li>Allow news organizations to collude.</li>
<li>Subsidize <em>some </em>news organizations, and promote non-profit news organizations for good social purposes.</li>
<li>Provide you with a voucher so you can buy non-profit news.</li>
<li>Tax TV, radio, TVs, radios, spectrum, advertising and cell phones.</li>
</ul>
<p>CONGRESS SHALL MAKE NO LAW.  If any one of these proposals gets into any bill, it is a clear and blatant abridgment of the First Amendment.</p>
<h2><strong>Citizens: beware</strong>!</h2>
<h3>News Reaction:</h3>
<p>Even the <a href="http://www.huffingtonpost.com/jeff-jarvis/ftc-circles-wagons-around_b_594583.html" target="_blank">Huffington Post</a> says to the FTC: <strong>Get off our lawn!</strong></p>
<p>The LA Times <a href="http://liberty.cooperusa.net/saul-alinskys-rules-for-radicals/#rule5" target="_self">ridicules </a>it in a story: <a href="http://latimesblogs.latimes.com/washington/2010/06/federal-trade-commission-free-press.html" target="_blank">Obama&#8217;s FTC plan to reinvent America&#8217;s news media</a>.</p>
<p>The Washington Examiner asks: <a href="http://www.washingtonexaminer.com/opinion/columns/MarkTapscott/Will-journalists-wake-up-in-time-to-save-journalism-from-Obamas-FTC--95196309.html" target="_blank">Will journalists wake up in time to save journalism from Obama&#8217;s FTC?</a></p>
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		<item>
		<title>Simple and Funny – World Finance Explained</title>
		<link>http://feedproxy.google.com/~r/cooperusa/rdVi/~3/4_Xns8RqmBc/</link>
		<comments>http://liberty.cooperusa.net/2010/06/01/simple-and-funny-world-finance-explained/#comments</comments>
		<pubDate>Tue, 01 Jun 2010 14:00:48 +0000</pubDate>
		<dc:creator>liberal</dc:creator>
				<category><![CDATA[Finance and Economy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Big Government]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Government Spending]]></category>

		<guid isPermaLink="false">http://liberty.cooperusa.net/?p=630</guid>
		<description><![CDATA[An excellent and funny explanation of world governments bailout logic (what little there is of it!) Related Posts The Most Dangerous Man in America - Andy Stern (Why Obama� desperately� wants to pass healthcare, and� the help he gets from this guy.) The number 1 visitor to the White House, according to... Economic Storm Clouds [...]]]></description>
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<p>An excellent and funny explanation of world governments bailout logic (what little there is of it!)<br />
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