21st Century America: The Era of Kings

Two Hundred and Thirty Three Years Ago a group of men gathered in defiance of their government and made the boldest statement against Tyranny that had ever been made:

We hold these truths to be self-evident, that all men are created equal, that
they are endowed by their Creator with certain unalienable rights, that among
these are life, liberty and the pursuit of happiness. That to secure these
rights, governments are instituted among men, deriving their just powers from
the consent of the governed. That whenever any form of government becomes
destructive to these ends, it is the right of the people to alter or to abolish
it, and to institute new government, laying its foundation on such principles
and organizing its powers in such form, as to them shall seem most likely to
effect their safety and happiness

It was in these bold words that freedom from tyranny was born - liberty was ignited in the hearts of men, and they fought a King. Their freedom gave rise to 13 unique and independent countries, who then united for their survival - despite their differences.

The birth of this union was so delicate and the structure so scrutinized so as not to create a new monarchy... even the title of the leader of the nation was in dispute, so as to sound less kingly - and thus President was selected, as one who presides over affairs - not one who rules.

Wars have come and gone. States have been added. Territories have been taken by force. The Union has been held together by force. The role of the Federal Government has expanded. The rights of the states have been expunged, along with it, the rights of the people.

The Federal Government is bankrupt - morally and otherwise.

The recent "bail-outs" have nationalized portions of certain industries - further expanding the power grab by the Federal Government.

There should be no doubt in anyone's mind that We The People are no longer free - we are ruled. This is not unique to Obama's administration, just culminating in it...

Prime example - beyond the harassment and constant fear by government rulers - is the recent threat from NY Senator Chuck Schumer that specific laws will be made, and enforced retroactively, to recover government funds in the Democrat's major screw-up leading to the AIG bail-out and subsequent $165 Million bonus disbursement - the first time that laws will be made specifically aimed at attacking individuals.

It is not unique to Democrats. Senator Charles Grassley, the top Republican on the Senate Finance Committee, suggested that the AIG execs should go commit suicide.

President Obama has proven, in just 50 days, that he intends on eradicating free enterprise, eradicating the conversation on the right to life, and eradicating the right to personal protection through personal armament... among many other atrocious ills.

Democratic Leaders, namely Pelosi, are raising "troops" from foreign nations (i.e. illegal immigrants), demanding that THEY are the true American Patriots, turning her back on Americans for the sake of potential future voters - quid-pro-quo retaining her power... this amounts to nothing more than "fight for me and I will give you this nation".

Democrat Leaders along with Republican leaders have bankrupted this union, sold off security and treasury holdings to foreign enemies, and have done so with the total aim of POWER and RULE.

In the 21st Century, America has completely devolved... from a country that was born of fire and grit, standing up liberty in the face of tyranny - subjugation and tyrannical rule has now fully taken over. Numbered are the days when we can challenge our fellow citizen, for they are now our rulers.

Welcome to the Era of the Kings.

Making Socialism Out of Nothing at All...

Sarah, a commenter on a CNN.com news article, had this to say about Jack Cafferty's criticism of the 'Stimulus Bill' being signed today by Pres. Obama: "This kind of negativity is the last thing this country needs. If you don't have something positively constructive to say wouldn't it be best to say nothing at all?"

Well Sarah - cover your eyes... 'cause this is going to be negative, and it needs to be said over and over again until you damned liberals get it into your thick skulls: DEMAND-SIDE ECONOMICS IS NOT THE ANSWER.

Obamahood and his band of Merry-Congressmen are selling poor economic theory to the tired and droopy eyed American people - the idea the Keynesian Economics is going to pull our country out of an economic recession. The same attempt was made during the 30's, and did nothing more than further stagnate the economy... it wasn't until the war machine sprang to life that the American economy began turning around - providing the readily available supply of raw material, innovation, and production capable from our country at the time.

Keynes (the father of Keynesian Economic Theory) argued that the solution to depression was to stimulate the economy ("inducement to invest") through some combination of two approaches: a reduction in interest rates, and government investment in infrastructure. The short term result would indicate some movement of money and job creation... but the reality is massive devaluation of the currency through inflation, and job loss/stagnation in other sectors of the economy.

The theory is simple - the government injects "stimulus money" into the economy - a series of infrastructure jobs and pet projects - such as an $8 Billion high-speed rail line between LA and Las Vegas (home to Sen. Reid - pet project anyone?), or a bridge to nowhere... Jobs are created for these "shovel ready" jobs... but the money must be taken out of other sectors of the economy - through higher taxation of other individuals - or in our case, ANOTHER DAMNED LOAN FROM CHINA.

The cause of the economic crisis is NOT because government didn't do enough... it is because government over-regulated, made impossible demands on banks and other sectors, and then waiting for the implosion - so they could swoop in and clean up the mess with "the only solution left - Nationalization"...

Friends, family, and readers alike - I echo the words of Jack Cafferty: "Why am I not surprised? Congress lying to the American people has become part of their job description. They can't be trusted on anything anymore."

Congress' approval rating is still in the tank - mustering a pathetic 30%.
Obama's approval ratings have slipped from nearly 80% to nearly %60 in under one month in office.
62% of Americans STILL believe we are heading in the wrong direction in America.

While the general disdain for government is unchanged, and the unease of Americans remains the same, there is n'er an outcry against this bulldozer of Socialism being signed into law today, nor is there question why Republicans in the Senate are calling for the Nationalization of the Banks... Americans are witness to the peaceful transition from a once free society, to that of permanent government rule.

Welcome, friends, to the New United States, one nation, under Socialist Rule, with handouts and health care for all.

Obama to Republicans: Get on Board, or Get Out of the Way

Obama's continual call to "Keep Politics to a Minimum" is already getting under my skin in a bad way! It is the battle cry of the left - when they are the minority party, there is a continual "kumbaya" for bi-partisanship and inclusion of their liberal ideals... Now that they hold a solid majority, there is a deafening roar of "GET ON BOARD!"

Obama's words are intended to slander the conservative values, an attempt to drive home the propaganda that "conservatism has failed - and those ideals are outdated and unwanted in the New America"...

It is the new truth - "Capitalism has failed" and "Conservatism has failed"... lefties are shouting this message from the rooftops... but what they do not understand is that they are cheering in the end of actual liberties... The pendulum in America is farther left than ever before - so much to the point that the structure of America is going to come under undue strain... and it WILL begin to crumble as we gain momentum leftward...

Capitalism, true capitalism, is little more than the freedom to create a good or service and to trade that good or service for a price that a consumer is freely willing to pay. The key word is freedom - the freedom to create and the freedom to equally trade for someone else's creation (or fruits of their creation)

Socialism, true socialism, is little more than labor for the sake of service - labor to normalize (as in to stabilize the economy for nothing more than "the greater good")... labor, not from our wants, but from our abilities - merely to provide for the needs of the many...

Under socialism, there is little room for innovative growth... it is better to keep the bloated car companies producing inferior products and to keep 2 million laborers working than to allow the market to correct itself and follow the innovation and NEW goods or services which may make the quality of life of everyone better... Socialism is the Government Regulation of which industries live, and which industries die.

Capitalism is dead - but not a failed policy... it was strangled by the slow regulation by increased socialist ideology, who eventually claimed that it is the solution to the failed capitalist experiment... using increased propaganda and lies to fool the proletarians into believing that regulations were part of Capitalism... in fact, they were the plaque on the arteries of capitalism...

Capitalism: I created an automotive vehicle - able to transport you from point A to B.
Socialism: You must make you vehicle conform to impossible standards regulated by the govt... and your labor force may have the right to force you to overpay - making your product unmarketable and inferior over time.

Now to tackle the question about Conservatism... Conservatism is not entirely dead - but it is clearly shadowed by the neo-con movement's constant "shadowing" of liberal ideals, with the eventual buckling to the leftward movement in America... true conservatism - paleo conservatism - is the steadfast adherence to the ideals of personal responsibility and personal liberty...

True conservatives believe that not only does a mother have rights over her body, but that an unborn and viable child has rights over it's own life!

True conservatives believe the words and teachings of the founding fathers - that true liberty cannot be achieved under intrusive government.

True conservatives believe that personal responsibility should never be replaced by government social regulation - that morality and faith trump fear from government.

True conservatives believe that a nation is healthy ONLY WHEN the government fears it's people - NOT the other way around...

For Obama to ask Republicans and Conservatives to abandon our principles for little more than what is being described as "a line after line after line of favorite liberal spending programs and it amounts to a big government bill, not a job creation" - well, that is pompous ignorance in the founding principles of this country, ignorance in the importance of debate, and ignorance in leadership. Ultimately, it is a shrill warning that anyone who opposes the New America is in for a battle - in for a struggle - a fight... The left are working tirelessly, led by the words of Obama, to convince Americans that freedom and liberty are only found in big government...

War is Peace; Freedom is Slavery; Ignorance is Strength...

Bush sold the world on "War is Peace" - the farthest left, Big Government President until Obama...

Obama is selling the world on "Freedom is Slavery" - that the free market, free choice, free ideals are nothing more than creations of the "wealthy" or the Capitalist Pigs forcing your labors to make them more wealthy... (unfortunately, we are becoming slaves to the bondage of the government)

Ignorance is Strength... reality TV has solidified the mindless zombie in America... the distraction which makes you FEEL like you are involved in a greater something else - but what is actually happening behind the scenes is that those in control are working to disarm and dominate the peoples of this land...

Resistance is not futile, Mr Obama. I applaud any lawmaker who questions your "bailout" of billions for ACORN, billions for condoms, and billions for other liberal pet projects... Show me where you have that right... and I will show you what rights I have!

Bailout Humor - on a serious note

The following story was sent to me, regarding the bailouts. It is fairly humorous, if it weren't painfully true! Enjoy the lighter side of politics this morning!

Once upon a time a man appeared in a village and announced to the villagers that he would buy monkeys for $10 each.

The villagers, seeing that there were many monkeys around, went out to the forest and started catching them..

The man bought thousands at $10 and, as supply started to diminish, the villagers stopped their effort. He next announced that he would now buy monkeys at $20 each. This renewed the efforts of the villagers and they started catching monkeys again.

Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so scarce it was an effort to even find a monkey, let alone catch it!

The man now announced that he would buy monkeys at $50 each! However, since he had to go to the city on some business, his assistant would buy on his behalf. In the absence of the man, the assistant told the villagers: "Look at all these monkeys in the big cage that the man has already collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each."

The villagers rounded up all their savings and bought all the monkeys for 700 billion dollars.

They never saw the man or his assistant again, only lots and lots of monkeys!

Now you have a better understanding of how the WALL STREET BAILOUT PLAN WILL WORK!

Economic Food for Thought - Keynesian Theory Failures

The Center for Freedom and Prosperity's latest video shares the failure of "Economic Stimulus" through wealth redistribution - called Keynesian Economics. This is why auto bail-outs will fail, bank bail-outs will fail, and why entitlement checks did nothing to stimulate the economy.

Watch. Learn. Share.

In Perspective - US Auto Giants

Ford Brands:
Ford
Lincoln
Mercury
Mazda
Volvo

GM Brands:
Chevrolet
Buick
Pontiac
GMC
Saturn
Hummer
SAAB
Cadillac

Chrysler Brands:
Chrysler
Dodge
Jeep
GEM
Mopar

GM, Toyota, and Ford hold the top three spots in the current market for sales.

The brands fill gaps between luxury and production models, for instance Mercury is branded as the economy version of Ford brands, where Lincoln is the luxury - Mazda and Volvo are specialty acquisitions. Ford could downsize by branding all vehicles under the Ford name, and eliminating lines of vehicles whose sales are slumped.

GM and Chrysler could benefit by doing the same. Trimming off the fat that doesn't work, rolling in all models that play well with the US and World markets, and producing lines of cars that the market wants and needs. This is the business strategy used by Toyota, effectively... brand one line of vehicles under the name TOYOTA. They still sell luxury style cars, such as the Avalon, at a price in line with their working business model.

The Republicans who are pushing for a filibuster on this bail-out - GO GET 'EM! Force the big three into responsible business models, streamlined operations, and superior products... that is how to survive, not on the backs of the taxpayers.

The Problem with Bail-outs: Auto Industry

Smaller banks are already offering themselves up to the altar of the government bail-out in order to continue to be competitive in the banking industry - so the nationalization of our infrastructure is clearly underway.

But now the aging auto industry is sniffing around the empty coffers, looking to be bought out by the government - nationalize the US auto giants - nationalize 3 million jobs. To what gain?

Let's look at the 2009 Ford line-up... Their Hybrid cars are laughable in the MPG department, and they have not proposed one single alternative fueled (electric, hydrogen, etc) vehicle for 2009, 2010, etc. Their "Flex" vehicle does not even use flex fuel technology - and is merely a poor name for another standard automobile. They have become out of touch with the consumer, and are paying the price in lower sales and under performing product.

General Motors has an electric vehicle being introduced for 2010 under limited quantity, but it is coming at a cost of their entire SUV line. The markets are indicating a trend toward "other than gas" vehicles - and perhaps their innovators can incorporate the electric technology into their family vehicles. There is some hope with GM - driven by the free market.

Chrysler - well, I cannot remember a good vehicle coming off of their lines in some time!

All three auto giants are showing a sluggish response to market forces, little move towards structural overhaul of the corporate operations because of the market failures, and as such are being punished by the markets.

The auto industry is not failing - foreign automakers are thriving - staying on the cutting edge of automotive innovation. It is the AMERICAN auto industry that is failing for lacking innovation and ability to adjust.

Now steps in the government... The Government will potentially be buying up the US auto giants as part of the nationali--- oops... the economic assistance program... The US Government, an entity living beyond the intention of the Constitution, authoritarian in nature and poised for total control over the subjects of the United States, is contemplating ownership of the US auto giants. Assume, for a moment, that the US Auto Makers, in an effort to merely retain jobs, begin to pump out and continually flood the market with automobiles that NO ONE WANTS - all in the name of retaining jobs... The government will then BE BOUND to ensure that their workers interests are being looked after - and as such, would LIMIT the sale of foreign cars in the United States. US Citizens would be obligated to purchase US cars. Tariffs would be imposed on foreign auto industries - ultimately hurting the US jobs associated with their manufacturing operations within the US. Perhaps they would be forced, should they choose to continue to sell in the US market, to relocate headquarters to the United States and become a US Government subservient industry as well... all in the name of "continued competitiveness".

Dearest readers - the system is grossly broken.

The free market is no longer free. The US government has become a force unstoppable by it's subjects. The stage has been set for a world government, under the guise of world economic stability. We are witness to a world without borders being constructed before our eyes... a world where the rulers oversee the continued obedience of the pleebs - work to sustain consumption, consume to support our government, the government will ensure your freedom.

Work and Obedience ensures Freedom... where have I heard that before?

People - I implore your logic and reasonable thought on this issue! We are truly at a crossroads in our great experiment. One option, which has all the momentum, leads us down a road of continued governmental growth, continued governmental authority, and continued erosion of civil liberties across the board. The other option, which is in the minority, is to strive for the radical concept for which our founders fought - liberty... let bad businesses fail, let the people hold corrupt politicians and CEO's accountable in the court of law, let Americans get back to family value - not consumer/work values... tell the government to STOP taxing our land, STOP taxing our income, STOP taxing our success and the success of our families... Tell the government that enough is enough, that it is time to minimize, time for some introspection.

There is danger in a big central government. There is more danger in a large world based government. The only intent is to rule - there is no accountability to the citizen, because the citizen ceases to exist. There is no progress in government forced consumerism... there can be no innovation.

Perhaps John Galt had the right idea?

"I swear—by my life and my love of it—that I will never live for the
sake of another man, nor ask another man to live for mine.” John Galt in
Atlas Shrugged

Bush's Legacy - Socialist America

Forget Barack Obama's plans for Socialism. The GOP need look no further than our own party leader in the search of a Socialist Scumbag!

Sure, Obama is going to be a thousand times worse, God help us if he wins.

But the nationalization of our banks, lending firms, mortgage industry, education system, and now auto industry, with an option to nationalize the oil and energy sector (once they are taxed into oblivion or forced to fund energy alternatives that will be nationalized and put them out of business anyway) - that is all the legacy of George Bush, the most Liberally Left president in the History of the United States, with the most authoritarian regime in the history as well - rivalling King George, against whom we won our independence.

Bush has ushered in a new era.

Under Obama, he will utilize the socialist momentum established by Bush to enact sweeping governmental reform, putting an end to civil liberty and establishing the perpetual police state of the Americas - policing thoughts, spending, labor, etc... Say good-bye to personal defense, personal responsibility, and personal freedom to speak out against the government. Those will give way to gun bans making Brady look like child's play. He will have the power to place 5 of 9 Supreme Court Justices, which he believes should be radical left judges who uphold the ideal of wealth redistribution, etc... either way, the deck is stacked against the citizen - and we will surely live under Tyranny.

Under McCain, he will utilize this socialist momentum to appease the populist complainers, continuing Bush's policy of entitlements. He will open the borders to millions of immigrant workers, who will benefit from further hand-outs. He indicates that the direction will change, but I argue that it will just not be as bad as Obama. He is the other side of the same coin. he is the lesser of two evils.

With Congress pushing the Fed for another $150 Billion bail-out, the $700 Billion being used to snatch up and nationalize private industry giants, and the public crying out against corruption, as long as the tit is not pulled from THEIR mouth... Change is what we are getting... Change into a nationalized socialist country under authoritarian control.

Thanks, Bush! Thanks for the legacy!

Democrats Can't Turn it Off! Propose ANOTHER $150 Billion "Economic Bail-out"

In January I posted a blog ripping the United States for the "entitlement" bail-out, and the Fed's answer of simply "printing more money" to stimulate the economy.

The $500 Billion was distributed. The gas prices continued to rise and the economy continued to teeter. The debt incurred did nothing to save the economy, just buy off the Plebs.

In March, I complained about Secretary of Treasury, Henry Paulson's, plan to "streamline" the economy by turning over the US treasury to the Federal Reserve. I stated:

"What Paulson has done here is set a dangerous precedent, in that the failure of private industry is no longer going to be allowed to happen. What is going to happen instead is that the government will subsidize failing businesses to keep them open, and keep their employees working... on an indirect government salary.
THIS IS THE ABSOLUTE COLLAPSE OF THE FREE MARKET."

The government was intended to be inneficient, so as to protect the people from spontaneous and bad legislature, which would lead to heavy burdens of Tyranny. Streamlining the government is an overt attempt to sidestep the intentions of the Founding Fathers.

In June I warned about Socialists in the Democratic Party, and their intentions to nationalize the oil industry - following in the footsteps of Hugo Chavez. I suppose I should have also warned of the Socialists in the Republican Party, and their overall intention of seizing absolute power over the United States, and ultimately the world through markets, then politics.

In July I angrily declared my wavering allegiance to a socialist tending government, led by the most liberal Big Government President in the History of the United States, GW Bush.

"The treasury is being plundered to the thunderous applause of the masses. The burden to bail-out the vain and covetous leeches of our society is being placed on our own pocketbooks... We are being given marching orders by a government that won the vote, but represents no more than 1/4 of the population respectively - that marching order is "On to the Gallows!" - for in this day we are seeing the death of the last best hope in the world."

In September, I warned of the dangerous parallel between the recent actions of the United States and the death of the Roman Republic in favor of the Roman Empire. It should also be noted that the same process was followed, legally, in Germany, leading to the rise of the Nationalist Socialist party. Extreme Debt, National Pride, Government Hand-outs and Bail-outs buying allegiance - then the rise of Socialist Hitler to cap it all off.

"The value of the US dollar has decreased by 96% since the inception of the
Federal Reserve, the Federal Debt has gone from $0 to nearly $10 Trillion in the
same amount of time (and has continued to increase an average of $2.32 billion per day since September 28, 2007!) , and the Federal Government is making no plans to stop spending (especially under Obama). The taxpayers of the United States seems not too concerned about this debt, as we have been cultured into a "credit" state of mind, and distracted by commercialism and reality TV constantly demanding that we "watch and vote" - as if it made some sort of a difference in the world! The burden of the debt is over $30,000 per US citizen - more than a years pay for most Americans. Such a burden forces the citizenry into a state of "constant work" in order to survive - thus removing the mind of the masses."

This month, I have discussed the increased occurrence of violation of the Federal Government's contract with America, the Constitution. The people's liberties are being cast aside in favor of consumerism. Consumerism, of course, is the rally cry for a one-world government supporting perpetual production, consumption, and taxes for political power.

And NOW, the Democrats are proposing ANOTHER $150 Billion in bail-out moneys to be paid to the states in order to continue funding failed social programs within those states. Luckily, House Republicans are fighting this additional bail-out - but we have seen how easily these clowns buckle if tax breaks are offered to archery shops and bicycle commuters.

Look, readers - I am going to be blunt. This crap has GOT to stop!

The federal budget last year was $2.6 Trillion - and next year's budget is over $3 Trillion. This DOES NOT include the $1.5 Trillion in bail-outs that the Federal Government has raped from the "treasury" in the name of "fairness" or "stabilization". This maneuvering has nothing to do with security or stability... it has everything to do with circumventing the Constitution, creating an expedient government, and granting that new government unlimited power - see Paulson's new role.

Our government has failed, and we are losing our liberties. The government is mired with corruption, greed, and incompetence - and they are using their skills to imprison us in debt - ensuring continued subjugation under this government take-over.

What power do we have to stop these actions?

We have a vote in November, but I fail to see an end with a new Congress. Many incumbents will come back to hen house, foxes all. And the new Congressmen in races across the United States show no drive and no ability to stop this monster.

We have the ability to petition our government for redress of grievances. Alas, no court would uphold a fight against what the government is doing.

And we have the right to take powers from the federal government, granting them to the states in special elections and state constitutional changes - challenging the federal government on their authority over state's sovereignty.

There is a dangerous trend. There seems to be no stop in sight.

So I ask, what are YOU willing to do to secure freedom?

Martin Luther King Jr, while detained in the Birmingham Jail:

"We should never forget that everything Adolf Hitler did in Germany was "legal" and everything the Hungarian freedom fighters did in Hungary was "illegal." It was "illegal" to aid and comfort a Jew in Hitler's Germany. Even so, I am sure that, had I lived in Germany at the time, I would have aided and comforted my Jewish brothers. If today I lived in a Communist country where certain principles dear to the Christian faith are suppressed, I would openly advocate disobeying that country's antireligious laws."

I would draw on the spirit of this rebellious attitude. I would use this quote to declare:

We are living in a New Socialist Society, where certain principles dear to freedom loving individuals, such as our civil liberties, are being suppressed - and I am openly advocating disobeying this countries coming anti-freedom laws! There will come a time when we all must chose - do what is right, or do what is easy. The Declaration of Independence reads: all experience hath shown that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed.

Are you willing to stand up for this country, or live by the new "laws"? Is the loss of freedom so sufferable that you will openly applaud the actions of this federal government in your silence?

Are there no true patriots left in this nation?

Is there no-one willing to do something?

SNL Satires the Bail-out - Upsets the Liberal Left

Saturday Night Live has an infamous history as of late regarding politics - coming down hard on Republican Vice Presidential nominee Sarah Palin, and the show's political voice is clearly left when former cast-members like Chevy Chase hope that the show goes further and "decimates" our next VP.

However, sometimes they get it right... as was the case in their representation of the $700 Billion Wall-Street Welfare plan. There has been much controversy surrounding this direct slam on the Democratic Party for it's actions regarding the bailout, as well as directly attacking Pelosi, Barney Frank, GW Bush, and labelling George Soros as "the Owner of the Democratic Party". They did a great job of calling out the leadership of this nation, and showing how ridiculous such "welfare" plans are and how Democratic ideology actually is the root cause of this entire mess.

If this gets high play, perhaps some on the left might question the truth behind the cause of the economic crisis. There is a long list of causes dating back to the creation of FDIC in 1933 and Fannie Mae in 1938 all the way through to the Clinton and Bush administrations' enforcement of CRA and the "ownership" society. This has nothing to do with the free market (as Obama would indicate, as he did in last night's debate) - our financial markets have not been "deregulated" and anyone who claims so is dishonest. The real key has been a fiat paper currency that is managed by a central bank who has continually tried to eliminate risk but has instead fostered malinvestment, bubbles, and increasing leverage throughout. The solution is to defend individual property rights, free banking and the gold standard.

$700 Billion Bailout Fails - Freedom Loving Libertarians Win

The House voted 205-228 on the Wall Street Bailout, sending a resounding voice to Americans, and the world, that you are own your own.

Normally, in a crisis, telling someone that they are on their own would be considered bad - however, Reagan's great one-liner tells the story best (paraphrased): The scariest thing you can hear is "I'm from the government and I'm here to help"...

In this case, the government took the advice of the people and are deciding to let Bush's nationalization of the United States fail - trusting, instead, on the strength of the American citizen (not consumer) to pull themselves up by the bootstrap!

In this case, the bailout was being voted down at the same time that the free-market did what it does best - WORKING. Wachovia banks sold out their failed business to CITIbank, and indication of how the system is set-up to catch itself as the shakedown occurs.

I called it on Friday that this bail-out was a bad idea, and its failure is inspiring - inspiring in that there are those in the House of Representatives who, regardless of political affiliation, are truly freedom loving free thinkers, able to smell a rotten fish coming from the White House.

What now? The market will stabilize if left alone. Bad businesses will fail. Companies will be forced to adapt. Credit will be harder to come by (and rightfully so). Average Joe Citizen will rethink the 52 inch plasma screen tv in favor of the 36 inch version that he can actually afford. And the world will live to see another day... Maybe this is the wake-up call we needed to help us realign our priorities as individuals and Americans!

MEANWHILE - the Federal Reserve is undermining attempts at stabilization of the US market by injecting Billions of US dollars onto the Global market, causing the value of the US dollar to plummet, and increasing inflation in America.

The best plan would be for the Federal Reserve to close, the United States to value the dollar at pre-Federal Reserve levels by proclaiming a currency correction - releasing new currency in exchange for Federal Reserve Notes at an exchange rate of 22:1. All loans, accounts, etc would be adjusted to the new standard rate, wherein One Gold Certificate would physically represent one unit of gold in the National Treasury. The only way to stabilize this market is to stop the globalization of the US market, return to a gold standard, and return to a policy of non-intervention in the free market by the Federal Government!

What is the RIGHT Answer to the Economy?

I took yesterday off from blogging to really think about the $700 Billion bail-out, the role of the federal government in our society, and what needs to happen to ensure the economy survives this self-made crisis.

To start, it is necessary to understand the source of this melt-down of the lending firms. The source is not so much "greed" as it is "good intention". The Congress has struggled on economic issues in the past, attempting to do good for the market and main street, however, their constant intervention has led to the mess we are in today. So says the history books: The road to hell is paved with good intentions. That is where we find ourselves today - economic hell... or do we?

I haven't seen any run on the banks (those that are still operating). Folks are continuing to invest in the stock market - making some risky trades in order to capitalize on the shifting market. Ultimately, the market is still working - the economic fundamentals are sound in the United States, and as such, the economy will be sound as well. McCain was right. However, there is a stipulation.

The stipulation comes with the government bail-out. Bush and the Democrats keep coming forward claiming that every minute we wait is another minute that the country's economy continues to fail. Yet the only failure I have seen is nothing more than a correction in the market, and a move on the value of the dollar due to the Federal Reserve cranking out the funny money. (the value of the US dollar is currently 6% of 1913 dollar value - a loss of 94% value) The bail-out, if it is planned to be a $700Billion buy-out - which is code word for nationalization of the Investment, Insurance, and Banking industry - gives monopoly business power to the Federal Government... The US government will become a competing business who also makes the rules for the game... very dangerous.

What is the right answer?

After a long day contemplating the Constitution (yeah - it still exists, barely!), I have determined that the best plan forward would look like this:

If the economy is in trouble, reduce government spending. Pass a line-item-veto, or a "no earmark" law, eliminating pork and allowing the US to use all tax revenue to pay the military, pay the elected officials, and pay off the debt. They should all also agree to a constitutional amendment to balance the US budget each year. No more deficit spending. No more living beyond our means - as a country, or as a citizen!

The government should institute a Flat Tax, or a Fair Tax (consumption tax). This would give initial money back to the people 100% - allowing more money to exist in the free market for investment, consumerism, or savings. This Fair or Flat tax would also include Corporations. Eliminate unnecessary taxes on businesses, offering incentives for business to come back to the United States. In doing so, with a larger tax base, even at a lower tax rate, the income to pay down the debt and run the bare-bones government would increase.

Let the bad businesses fail. The need will still exist for companies to develop and fill the void. Instead of backing a bad investment, let the free market flux weed out poor choices, and encourage innovative Free Market solutions - such as self regulation (or government sponsored, so long as it works) regarding CEO compensation and fraud loopholes that currently exist. If a company makes a bad choice, I should not be forced to bail them out. Let them fail - it re-enforces good business ethics!

Ultimately, if the plan looks like it will be a pay-out, we are stuck with a bigger government, another bureaucracy, less freedom to enter the free market as a start-up (as the Government is now your competition), and a tax burden from which we will never recover!

John McCain and the economic advisers of the far right should do whatever they can to stall the bail-out. The treasury secretary, the President, and the leadership calling for the Nationalization of the economic sector are nailing the coffin of Capitalism in America.

This is a case where we pray that our leadership does what is RIGHT, and not what appears as politically expedient!

Housing Bail-out? Time to Pledge Allegiance to a Different Flag!

"I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them." - Thomas Jefferson

The United States of America has hit an iceberg, and she is quickly taking on water. Our government has run this ship to her demise.

With a 9% approval rating, an economy in the tank, a lame duck president at the helm, Freedom and Liberty have been the first casualties of this New Union... and now the very people whom we so carelessly elected into office have begun sealing the coffin of the greatest experiment in the history of man.

The treasury is being plundered to the thunderous applause of the masses. The burden to bail-out the vain and covetous leeches of our society is being placed on our own pocketbooks... We are being given marching orders by a government that won the vote, but represents no more than 1/4 of the population respectively - that marching order is "On to the Gallows!" - for in this day we are seeing the death of the last best hope in the world.

If George Bush and the Republicans in Congress are no more willing to stop the Socialist Dictum in the United States, then perhaps we deserve a President Obama - who makes no attempt to disguise his vision for the socialisation of the United States. In fact, the afore mentioned parties are PUSHING the dictum!

Thomas Jefferson, the man who explained that the Tree of Liberty requires nutrients in the form of blood (from tyrants and patriots), also prognosticated that happiness in our society was directly linked to the separation of the people from government meddling! President Reagan understood this: "The most terrifying words in the English language are: I'm from the government and I'm here to help."

However, today we find ourselves at a crossroads in this great experiment.

Two branches of the US government are in gross violation of the Contract with America - The US Constitution. Unfortunately, the Supreme Court will likely be unable (or unwilling) to rule as such before the checks are handed out... checks from a treasury that is already absolutely void of funds.

See the fire on the horizon... smell the smoke... it is not the blaze in California - it is the Federal Reserve printing out monopoly money adorned with the faces of dead presidents.

Somehow in America we have lost the ability to do what is right over what is expedient or easy. We have lost the resolve to push through the hardships of our own misfortunes, in favor of wallowing at the robes of the powerful, begging for mercy. And mercy they shall deliver - for it is the vote of the pitiful that is keeping them in power. Promises of deliverance, handouts, freedom from their poor choices guarantees their vote - quid pro quo.

Little do these blind beggars realize that they steal from the left hand to satisfy the right... they are undoing their own great society, and ensuring the slavery of their children and grandchildren...

Am I being melodramatic - or am I being real? Are these words hard to read? Why - because they are true?

Free healthcare - free education - free housing - free soup?

When the government became an entity feared by the people, the society was lost... now it is an entity separate from the people (less a short voting season which makes no promise of actual change or restoration of liberty). When the government separates itself from the people, and works towards it's own ends - it is in violation of contract and stands to be recalled.

I can no longer pledge allegiance to a flag that represents the rape of my liberty, of my labors, of my life! I now make it my effort to remove any individual from office who supports socialist legislation such as the housing bail-out. I refuse to support a union of socialist republics - empowered by the slothfully covetous and vain masses undulating for that orgasm of government expediency in funding their ill-gotten goods.

I pledge allegiance to the flag of the original intent of this nation, and to the individual liberty endowed upon us, for which IT stands, representing a nation free from tyranny, a people banded together against such, under Nature's God, indivisible, ensuring the continued struggle for liberty and true justice under the rule of natural law, for all.

The Federal Reserve's "Bail Out" Bad for Economy?

In a recent conversation with a fellow Defender of Capitalism, I was taken aback by the following comment (paraphrased):

After 9/11, the economy was stabilized because the Federal Reserve released a flood of money into the markets... therefore they are there to help.

And again, we see the Fed "bailing out" the US economy by flooding the market with more money, manipulating rates which have no basis in free market, or reality for that matter, and are doing little more than placing a band aid over a gaping wound!

The Federal Reserve is little more than a group of economist-elites dictating how the market should and will work. There is little room for free market and personal responsibility when one does not trust the free market to work.

So the gold standard is abandoned... The US dollar becomes little more than a figment of our economic imaginations... and we have nothing tangible with which to trade our money in for, should we so desire.

Economics has replaced Christianity as the religion of the US.

How can I say this? Because we need to have more faith that the next person will equally value and accept a green piece of paper as the appropriate medium for commerce. What's more, fewer people are carrying cash on hand, so we take it on faith that when I swipe a plastic card through a machine, that I will, in good will, back it up with a stack of green paper. Everyone has faith in the mighty dollar... but are we at a point where we should be questioning our monetary system?

Yes.

The cause of economic issues prior to the Federal Reserve was a constant run on banks. It used to be the case that wealth was measured by how much gold or silver you had, or was had by the powers issuing the currency. It used to be that banks worked independently, and were expected as a private bank to be able to back a "deposit".

What was the case, however, was that "your" deposit of $100 was taken and divided up to the fellows behind you in line asking for loans or withdrawals. So should you change your mind and want your money back, assuming that your deposit was all the bank had so far that morning, the bank would be unable to give you the money that was yours... there was nothing tangible on hand, BUT the US Treasury had promised that for every dollar in circulation, there was One Silver Coin in the treasury, and they could request that coin. (It is fascinating to collect old US currency, and actually read what was printed on it!)

So the cause of economic strife was that there was not enough money to be handed out... so the Federal reserve came up with a brilliant idea... Print More!

The problem is that with the production of more money, you get something called Inflation.

Now it takes two green pieces of paper to get your one coin (in this example). The price of silver doubles, the price of bread doubles, the price of everything doubles!

In a free market, there is supply and demand. The Demand dictates the production of the Supply, while the lack of Supply drives the cost for Demand. This is helpful with new industry, as early high costs fund the Research and Development necessary for establishing a healthy industry... and when the ability to produce more allows an increased supply, the cost can lower to allow wider distribution at a lower cost, though the revenue is still coming in at the same rate (or roughly the same).

However, the Federal Reserve has eliminated the basis of free market... every time the market tries to correct itself, the Fed interjects, causing additional inflation, driving the value of the dollar down, and ensuring that when this market is actually allowed to correct, it is going to make the Great Depression look like a Maypole Festival.

When your system is based on faith, and not gold... and when your market is driven by manipulation, not free market economics... well, you are in the midst of a system on the brink of collapse... Especially when people begin losing their faith in your currency...

I say to the Fed, "Stay out of it! You caused the Great Depression, and now you are looking to outdo yourself! Let the Free Market work! We don't need our currency manipulated any more!"

I should have taken my own advice years ago... invest in Gold... Maybe it is not too late! Gold is most likely going to hit $1000 an ounce... what does that say about the strength of our dollar!

Not much!