Sunday, July 31, 2011

BREAKING NEWS: Debt Deal Reached! 23:30 CDT

AP is reporting the debt crisis is over with an agreement between Obama, McConnell, Reid and Boehner.  America and the rest of the World is waiting for the votes tomorrow.

http://hosted.ap.org/dynamic/stories/U/US_DEBT_SHOWDOWN?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-07-31-21-05-43

Friday, July 29, 2011

Boehner Debt Plan Passes House 17:52 CDT

How many plans will they pass before the Democrats put a plan to paper?  There are reports that Senator Reid has a plan he will produce after the Senate votes down the latest plan from the House.  That is assuming that Reid does not table the bill and not allow a vote for a second time.

http://www.cnn.com/2011/POLITICS/07/29/debt.talks/index.html

Gallup: President's Job Approval Hits New Low

Only 40% approve of the President's job performance.  We believe it is because his lack of leadership in the current debt ceiling deadline.

http://www.gallup.com/poll/148739/Obama-Approval-Drops-New-Low.aspx

Breaking News: WH Issues Crippling New Mileage Regulations - Still No Debt Plan

2012 Obama-mobile Prototype
The administration has the time and resources to promulgate new mileage standards for cars and trucks, mean while they still have not produced a plan to solve the debt ceiling deadlock.

GM, Ford and Chrysler describe the new regulations as "overly aggressive." The new standards more than double the current mileage requirements.  The technology needed to double miles per gallon does not exist today.  The only current solution is to downsize the fleet to micro cars or go electric/hybrid. The end result will be more expensive vehicles and smaller cars that are less safe than today's vehicles. 

Forcing the production of electric cars that travel 40 miles between charges is foolish.  Electricity is not pollution free to produce.  Shifting the site of the combustion of fossil fuels from the auto to the power plant  is not an environmental solution.  Also the chemicals used in the production and contained inside batteries are hazardous. Therefore electric cars do not eliminate air pollution and they add toxic chemical waste to the environment.  The desire of the left to have vast fleets of electric cars once again supporting our belief the Liberalism is a Mental Disorder.

http://www.necn.com/07/29/11/New-mileage-standards-aim-for-less-fuel-/landing_scitech.html?&apID=cf06a85efe9842338181ff042b205191 

Debt Update July 29, 15:45 CDT

Harry Reid is rounding up the votes to kill the latest plan from the house.   At time of publishing, now the word is the speaker has the votes to pass his latest version of the debt ceiling extention.

In the Senate there is still no Democrat plan on paper.  No plan and only obstruction is the game from all the Presidents players.   We suspect their motive is to rule by executive order at 12:01 AM, August 2nd. 

The Democrats claim it is the Tea Party who is controlling the agenda in America.  Actually it is the President and Senate majority that is holding the people under the boot of government.

Latest News From the Floor of the Senate: http://www.realclearpolitics.com/video/2011/07/29/mcconnell_to_dems_where_is_your_plan.html

Proof That High Taxes Cost Jobs

Food Stamps Have Replaced Depression Era Soup Kitchens

Chicago Tribune Reports:

"Our tax situation is untenable," Donohue told Reuters, noting that CME is taxed more heavily than any of its global competitors. The company is talking with at least three states -- Texas, Florida and Tennessee -- about relocating some of its business to take advantage of lower tax rates there, Donohue said.

High taxes cost jobs and low taxes foster growth.  That is how things work in the real world.  


http://www.chicagotribune.com/business/breaking/chi-cme-group-says-tax-situation-is-untenable-may-exit-state-20110728,0,6322503.story

Thursday, July 28, 2011

SHOCK CNN Poll: 74% Support Balanced Budget Amendment

The greatest majority of Americans understand what is required to get our economy healthy again.  74% of the US adults in a CNN poll agree that balanced budget amendment is the solution to reining in spending.  

The White House and the Democrats are the extremists on this issue if you believe CNN.  

The CNN poll also indicates that the public is so desperate to have this issue put to rest they were willing to swallow the class warfare and fear mongering coming from the White House and the Senate in their response on the issue of tax increases as part of a debt ceiling deal.  

http://www.aim.org/on-target-blog/cnn-poll-americans-like-balanced-budget-amendment/

Still No Dem Debt Bill in Senate: Reid to Kill 2nd House Plan

Without a plan of their own the Dems will kill the second bill from Congress.  Not having a clue of your own and still blaming the GOP is insanity.  This is why we say liberalism is a mental disorder.  

Without a plan of their own to vote on the only reasonable thing to do is accept what the House sends to the Senate and avoid the so called default date of August 2.  If the Senate or President does not produce a plan of their own, the blame for any disaster should fall on the Democrats.  

http://dailycaller.com/2011/07/28/reid-spokesman-%E2%80%98boehners-bill-dies-tonight%E2%80%99/

MSNBC's Maddow Lies About Church, Lands in $50,000,000 Defamation Suit

MSNBC and Rachel Maddow are the targets of a $50,000,000.00 defamation case based on false statements about a Minnesota-based ministry. The plaintiff claims that in order to smear presidential candidate Michele Bachmann who has endorsed the church, Maddow lied about a statement the church founder made about homosexuals.  

It is public knowledge that MSNBC has a radical left wing stance.  They have the right to their political views and can and do broadcast their bias every day.  Reporting knowingly false stories to damage both a church and presidential candidate is crossing the line and breaking the law.  

Now someone has the goods on them and is taking action.  The law says you can't knowingly lie in public about someone for the purpose of damaging them.  Now MSNBC  will be in court defending against this 50 million dollar suit.

The Invisible Reid Debt Plan: No One Has Seen It...

Democrat leadership talks a good game.  However, talk is not enough for congress or the American voters.

Rep. Earl Blumenauer (D-Ore.) said, He wants to see the plan from Senate leader Harry Reid and that no one he knows has seen a plan.

No matter what the lamestream media reports the truth is the White House or the Senate leader has no plan on paper.  All the Dems have done is block the Republican plans without a plan of there own to vote on.   

It take more than saying no to be a leader.....  One has to have a plan of where they are going and how they plan on getting there to lead.

http://thehill.com/blogs/blog-briefing-room/news/173819-dem-lawmaker-nobody-i-know-has-seen-reid-plan?utm_campaign=briefingroom&utm_source=twitterfeed&utm_medium=twitterfeed

Shock Poll: Blacks and Liberals Desert Obama

Support for the president is waning within his base.  Some in the Democrat party are calling for a primary challenger to Obama.....  

http://www.bostonherald.com/news/us_politics/view/2011_0727new_polls_obamas_off_base_support_waning_even_among_liberal_backers/srvc=home&position=0

Monday, July 25, 2011

Breaking News: Obama Rejects Bipartisan Debt Deal

This just in, Obama has rejected the Senate's bipartisan debt limit plan.  

Obama's actions confirm what we have said before that he does not want a deal unless he can raise taxes.  

The lamestream media has been touting the poll in which 66% of Americans want compromise and the Senate has done just that.  Even so the president rejects the plan and still has never proposed a plan of his own.

The Washington Post said, "Next to pulling troops out of Afghanistan to fit the election calendar, this is the most irresponsible and shameful move of his presidency."

http://www.washingtonpost.com/blogs/right-turn/post/white-house-stokes-debt-ceiling-crisis/2011/03/29/gIQAvx8DYI_blog.html

Saturday, July 23, 2011

Dems Take Lead in Sex Scandals Over Republicans 3 to 2

Rep, David Wu aka Tony the Tiger
Neither party is without their share of sex scandals.  This is just the latest to add to the list.

Friday, July 22, 2011

Blasting Obama: Another CEO Piles On, Home Depot Co-Founder

Home Depot co-founder, Bernie Marcus thinks brain-dead economists are smarter than Obama and his supporters. 

Investors Business Daily also reports:
IBD: Why don’t more businesses speak out?
Marcus: They are frightened to death — frightened that they will have the IRS or SEC on them. In my 50 years in business, I have never seen executives of major companies who were more intimidated by an administration.



http://www.theblaze.com/stories/home-depot-co-founder-blasts-obama-even-brain-dead-economists-get-it/comment-page-2/?corder=desc#comments

Obama's Debt Ceiling Proposal




The White House has not ever advanced a plan to raise the debt limit. 

Thursday, July 21, 2011

65 Children Strip Searched at Summer Camp

Why didn't they just take them for a field trip to the airport?  



At least one parent has filed a police report in the matter.


COME JOIN THE FUN AT SUMMER DAY CAMP 2011

Camp Discovery is a nine-week camp that runs Monday through Friday from 9 AM to 4 PM. (A limited number of extended care hours are available 6:00AM – 6:30 PM). Opening day is June 13th with camp closing on August 12th. Camp is for children who are entering Kindergarten through those who are entering the 7th grade. Camp Discovery offers fun, age appropriate activities.

Newest Poll: Obama Trails Romney

The handwriting is on the wall.  If you can't read it let us read it for you.  

Opinion polls have been show Obama trailing the generic Republican for some time.  Now for the first time Obama is trailing Romney in election polls.  

Other polls show Palin only trailing Obama by 6%.  Considering she is not even in the race that is a very narrow gap that Mrs. Palin could easily close once the campaign and debates are held.  

Unless Obama gets the economy moving robustly forward very soon he will be moving back to Illinois or Hawaii in January 2013.  The only other hope of Obama winning is that he kill all of the terrorist leaders and bring home all our troupes.  The way things are going currently neither the former or latter is going to happen any time soon enough to save his presidency.

Wednesday, July 20, 2011

Signals Point to Palin and Perry Entering Race

Todd is behind Sarah and Anita is supportive of Rick.  When will these potential front runners announce their presidential intentions?

We hope they both run and will gladly support either in November 2012.  If we are fortunate the ticket will be Palin / Perry '12. 

Newsweek on Palin July 10, 2011: http://www.newsweek.com/2011/07/10/palin-plots-her-next-move.html

Brad Watson / WFAA on Perry: http://www.khou.com/news/texas-news/Anita-Perry-encourages-husband-to-run-for-president-125893574.html



With Rick Perry's record of job creation and Palin's ability to energize the conservative base they should surely beat Obama / Biden in 2012.  All they have to do is run on the White House's record as the Democrats run from their record. 

GOP Passes Cuts, Obama Says Veto Without New Taxes

Boehner, spending curbs and no tax hikes for debt deal
Tax, tax tax and spend, spend spend.  That is all the President and the Democrats will accept as a deal to raise the Debt Ceiling.  With liberals it alwaysa has to go their way and they will not compromise with the GOP.  With the GOP the RINOs make sure that they cave into democrat demands thereby weakining the Republican party. 

Spending and borrowing to much is how we got into this mess.  Cutting spending is the only way out. 

http://finance.yahoo.com/news/Debt-hope-Obama-praises-Gang-apf-120819518.html?x=0

Tuesday, July 19, 2011

Obama Praises Tax Increases to Get Debt Ceiling Deal

Take three RINOs and add three Democrats and you get tax hikes as part of a bargain to raise the debt ceiling.  Add the Presidents praise and you have a recipe for GOP disaster.



Gang of Six: Democrats Dick Durbin of Illinois, Kent Conrad of North Dakota, and Mark Warner of Virginia and Republicans Tom Coburn of Oklahoma, Saxby Chambliss of Georgia, and Mike Crapo of Idaho.


If the GOP caves on it's pledge not to raise taxes it will be curtains for them in 2012. 

We suggest that the Republicans remember last November and stand firm on no new taxes.  Otherwise you will see a growing third party movement that will siphon votes away from the GOP.  

Government is to big and it's appetite for funds is creating debt that your children and grandchildren will have to pay.  It does not seem right that people who are not even born yet will be paying for the government we have today.

It is time to do the only sane thing and stop the advance of government.  Stop feeding the Goliath that Washington has become.  Stand up and demand they get their house in order by not spending money they don't have.  Stop borrowing 40 cents of every dollar you spend.

Monday, July 18, 2011

Electric Car Company Crashes, City Looses Half a Million

City government invested $500,000 it the green car company and looses it all when the company folds.  This just shows you that the private sector know more about a good investment than government.  The reason sited for the company's failure was the inability to attract private investors.

Investors know that few few people will buy a car that only goes 40 to 60 miles before you have to stop and charge the batteries for hours before you can continue to travel. Investors also realize that consumers know that a micro electric car always is the looser in a collision with anything larger than a motorcycle, much less the ever popular SUV.

Casino CEO Rips Obama on Economy

Steve Wynn
This executive claims to be a Harry Reid supporter and a Democrat.  Here is what he has to say about Obama and business, "And I'm saying it bluntly, that this administration is the greatest wet blanket to business, and progress and job creation in my lifetime."

Breaking News: White House Says Veto to 3% Spending Cut for 2012 Budget

Even a cut of 3%  along with a realistic spending limits is unacceptable to the President.  Letting the states decide if the Federal Government should be required to a balance their budget is repugnant to our President. 

Obama officially threatens to veto 'Cut, Cap and Balance' http://thehill.com/homenews/administration/171997-obama-officially-threatens-to-veto-cup-cap-and-balance


Obama has forgotten who elected him and who he works for.  Or could it be that we are the enemy and the President our master.  You decide.  Either way Obama is leading us to destruction if he and his Democrat buddies refuse to cut spending now before we end up like so many European countries.  

The GOP is trying to stop the wagon from going over the cliff and the President and his party are whipping the horses pulling the wagon to the brink of destruction. 

WSJ: By 2016 70% Tax Rate on $60,000 a Year Income

The Wall Street Journal is now estimating based on current levels of spending that in 2016 The effective total tax rate for someone earning $60,000 will be as high as 71%.  Rates of this nature will be destructive to the middle class.  The only way to avoid this destruction is to cut spending now and get the governments in Washington to balance the federal budget. 

WSJ Tax Future: http://online.wsj.com/article/SB10001424052702304911104576443893352153776.html?mod=WSJ_Opinion_LEADTop

The Hill is reporting, "Proposed House cuts to the Executive Office of the President's (EOP) budget will hurt administration efforts to cut the deficit, the White House argues." So in plain English the White House is saying that cutting spending is counter productive to cutting spending.  In addition to the administration's opposition to cutting their own budget, the White House has said it will road block the GOP effort to balance the federal budget. 

The Hill: http://thehill.com/blogs/floor-action/house/171947-white-house-cutting-white-house-budget-hurts-administration-efforts-to-reduce-the-deficit

Obama ran on "Hope and Change."  It's time to make good on that campaign slogan in a positive way.  The president should be out in front on spending cuts and a balanced budget if he is for real change in the way government operates in Washington. 

Sunday, July 17, 2011

George Washington, Schools and Government Debt

 Schools don't teach the wisdom of the founding fathers anymore.  If you dough it ask your teenager what the Federalist Papers are.  
George Washington on public credit [Farewell Address] - "As a very important source of strength and security, cherish public credit. One method of preserving it is, to use it as sparingly as possible; avoiding occasions of expense by cultivating peace, but remembering also that timely disbursements to prepare for danger frequently prevent much greater disbursements to repel it; avoiding likewise the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertions in time of peace to discharge the debts, which unavoidable wars may have occasioned, not ungenerously throwing upon posterity the burthen, which we ourselves ought to bear."
Washington's advice was simple, don't borrow to often or to much, pay off your debt while times are good and don't expect your children to pay your debt.  
 

Friday, July 15, 2011

Majority of Votes Say No New Taxes to Raise Debt Limit

Obama said he will take his case to the American People to get his way on more taxes as part of a deal to raise the Debt Limit.  We say go ahead because the majority of American votes know that more taxes and no spending cuts is wrong for our economy.

Here is the latest poll: http://www.rasmussenreports.com/public_content/business/taxes/july_2011/55_oppose_tax_hike_in_debt_ceiling_deal

Thursday, July 14, 2011

Latest Gallup Poll: Obama Down by 8 Points to Republican in Re-Election





Obama Says He Is Responsible for the Economy

Yes the president said it.  The best thing about his statement is that he said it two years ago.  Therefore everything that has gone good or bad he owns.  To bad for us most everything has gone from bad to worse. 

The President said it's his job to fix problems.  Mr. President you are failing at your job.

Hear the President for yourself: http://www.youtube.com/watch?v=CQBSTomBWls

When Reagan took office the economy was bad.  He fixed it by lowering taxes and cutting the over regulation that burden the job creators. Obama on the other hand has done just the opposite, by calling for more taxes and more regulation.  It's not only Reagan who knew it was a good idea to cut taxes, JFK knew it also. 

Wednesday, July 13, 2011

Budget Impasse: Dems Refuse 6.7% Spending Cut

Obama departing budget talks
Here is how the math works out.  To determine what percent 250 billion is of 3.69 trillion you divide 250 billion by 3.69 trillion and you come up with 6.7%.  

A spending cut of less than seven percent does not really seem to be a lot to ask considering the current economic outlook.  Even so Obama and the democrats would rather cut off pay to our military and stop social security checks  before they reduce government spending by less than seven percent.  

The 2008 budget request by president Bush was 2.9 trillion.  Therefore if Obama would cut the budget by 250 billion it would still be 3.44 trillion dollars.  An increase in spending since 2008 of near 16%.

We think government is to large already.  Asking Washington's spending to only grow by 16% in three years is a reasonable demand.  Reasonable to most but not to the Democrats and Obama.

Try as they may even with the help of the Lamestream Media to blame the Republicans if a deal to increase our debt limit can not be reached,  the majority of the voting Americans realize who is to blame for our current fiscal turmoil.  They knew it in November 2010 and they still know that the Democrats are not the answer for fixing our economy.

Remember government produces nothing and takes your money to operate.  The time has come that the line be drawn on how much of your money government takes away from you and your family.  We at State Of emergency say that  the government crossed the line years ago and now it is time to put a stop to further growth and spending.  After all, your grandchildren deserve not to pay the bills for today's government spending. 

To borrow the Democrats favorite slogan, stop the spending now for our children's sake.

Read how Obama bolted out of the White House meeting during negotiations earlier today:  http://www.politico.com/news/stories/0711/58937.html



 

Tuesday, July 12, 2011

Obama Fear Monger: No Social Security Checks if I Do Not Get My Way

Obma wants higher taxes or he will cut off Social Security.  That is the way to take care of the needy.  What a show of a total disregard for people in need.

The democrats will do anything to raise taxes instead of reducing the size of government.  

http://www.cbsnews.com/8301-503544_162-20078789-503544.html

Former NYC Mayor Koch Says: Jews Should Vote Republican

Koch knows what is up with Obama's stance on Israel and is planning to vote for the Republican in the special election to replace Anthony Weiner.

Read the whole story: http://www.nypost.com/p/news/local/blow_against_in_weiner_race_PJ8lsm6djIS7PIheUuhgPI

Monday, July 11, 2011

Treasury Secretary Timothy Geithner Says: More Tough Times Ahead

Treasury Secretary Timothy Geithner
Secretary Geithner knows the truth that the administration's policies will only exacerbate our current economic woes.   It is a good thing for Obama that very few people actually watch Meet the Press.


http://news.yahoo.com/geithner-says-hard-times-continue-many-150523958.html

No Deal on Debt Limit: Spending Cuts Rejected by Pres

Once again the President refuses to cut spending to get our budget problems under control.  He would rather take money from your family and punish business owners over shrinking the size of government.  Liberals must think that government employment is something holy and Americans who work in the private sector are sinners.  

The Weekly Standard reports:

"In a 75-minute meeting Sunday night, President Obama once again demanded that more than $1 trillion in tax increases be part of any deficit reduction package attached to a vote on the debt ceiling. In the session, Obama rejected a Republican proposal to seek $2.5 trillion in spending cuts and reforms, and insisted on higher taxes on businesses and wealthy individuals."

See the complete story: http://www.weeklystandard.com/blogs/obama-vs-obama_576524.html

Sunday, July 10, 2011

Obama's Private Army Exposed by Judge Napolitano

Judge Napolitano is sounding the alarm over the private army created by Obama's healthcare legislation.  We warned people about Obama's plan to create a army prior to the election.  At that time there were Youtube video documenting this plan. 

There can be no good reason for healthcare workers to be trained by the army and carry guns.  Could this mean that the Obama government plans to force you to use their healthcare at the point of a gun?  Why does the president want to have armed personnel operating on our soil under his direct control? 

It is not constitutional to have our own army deployed on our home soil unless we are in an emergency.  And, this is because in a time of emergency, normal constitution rule is suspended.

The point of this blog is to illustrate that we are in fact under emergence rule right now.  This story and warning from Judge Napolitano serves as further proof that we all have lived our entire life under emergency rule. That is unless you were born before March 9, 1933. In your case you would have been alive and living the first few years of your life under the constitution.

If you are 93f years old or older I would like we would like to talk to you about what life was like for you as a teenager or young adult. 

http://www.youtube.com/watch?v=s1yqy3MpmOY&feature=share 

Friday, July 8, 2011

Ruin A Liberal's Day: Palin Movie Trailer



How to Fix Washington: Spend Less

It should not be to difficult to fix the budget mess.  The answer is very simple, all you have to do is cut spending.  Since Obama came into office with the help of a Democrat congress spending has gone through the roof.

Our answer is to return to the spending levels of 2008.  That is all it would take.  Another approach would be not to spend more money than we take in.  You don't need a PhD to figure this out, just the discipline to live within your means.

The liberals like to say "we are doing it for the children...." Well then, if you Dems really care about future generations stop the spending!

Watch the CNBC Video: Rick Santelli
http://video.cnbc.com/gallery/?video=3000032061 

New EPA Rules Bankrupt Power Plants

Consumers will be paying much more for electricity if Obama and his EPA have their way.  Their actions have already forced five plants to close resulting in job losses and likely rise in utility rates.

Now the EPA is up in arms about sulfur emissions.  Even after power produces have invested billions of dollars to reduce emissions and generate more electricity Obama is moving to cripple coal powered power plants. 

During his campaign Obama said he would bankrupt coal plants and he is keeping his promise.  A economy needs energy to prosper. Higher energy prices will do nothing except further damage the well being of American families. 

The people in the White House know what they are doing is hurting our country and they just pile on more. 

http://www.reuters.com/article/2011/07/07/us-usa-epa-smog-texas-idUSTRE7667PM20110707

Thursday, July 7, 2011

Congress Admits We Are Bankrupt

Rep. James Traficant, Jr.

United States Congressional Record, March 17, 1993
Vol. 33, page H-1303


Speaker-Rep. James Traficant, Jr. (Ohio) addressing the House: "Mr. Speaker, we are here now in chapter 11.. Members of Congress are official trustees presiding over the greatest reorganization of any Bankrupt entity in world history, the U.S. Government. We are setting forth hopefully, a blueprint for our future. There are some who say it is a coroner’s report that will lead to our demise.

It is an established fact that the United States Federal Government has been dissolved by the Emergency Banking Act, March 9, 1933, 48 Stat. 1, Public Law 89-719; declared by President Roosevelt, being bankrupt and insolvent. H.J.R. 192, 73rd Congress m session June 5, 1933 - Joint Resolution To Suspend The Gold Standard and Abrogate The Gold Clause dissolved the Sovereign Authority of the United States and the official capacities of all United States Governmental Offices, Officers, and Departments and is further evidence that the United States Federal Government exists today in name only.

The receivers of the United States Bankruptcy are the International Bankers, via the United Nations, the World Bank and the International Monetary Fund. All United States Offices, Officials, and Departments are now operating within a de facto status in name only under Emergency War Powers. With the Constitutional Republican form of Government now dissolved, the receivers of the Bankruptcy have adopted a new form of government for the United States. This new form of government is known as a Democracy, being an established Socialist/Communist order under a new governor for America. This act was instituted and established by transferring and/or placing the Office of the Secretary of Treasury to that of the Governor of the International Monetary Fund. Public Law 94-564, page 8, Section H.R. 13955 reads in part: "The U.S. Secretary of Treasury receives no compensation for representing the United States?’

Gold and silver were such a powerful money during the founding of the united states of America, that the founding fathers declared that only gold or silver coins can be "money" in America. Since gold and silver coinage were heavy and inconvenient for a lot of transactions, they were stored in banks and a claim check was issued as a money substitute. People traded their coupons as money, or "currency." Currency is not money, but a money substitute. Redeemable currency must promise to pay a dollar equivalent in gold or silver money. Federal Reserve Notes (FRNs) make no such promises, and are not "money." A Federal Reserve Note is a debt obligation of the federal United States government, not "money?’ The federal United States government and the U.S. Congress were not and have never been authorized by the Constitution for the united states of America to issue currency of any kind, but only lawful money, -gold and silver coin.

It is essential that we comprehend the distinction between real money and paper money substitute. One cannot get rich by accumulating money substitutes, one can only get deeper into debt. We the People no longer have any "money." Most Americans have not been paid any "money" for a very long time, perhaps not in their entire life. Now do you comprehend why you feel broke? Now, do you understand why you are "bankrupt," along with the rest of the country?

Federal Reserve Notes (FRNs) are unsigned checks written on a closed account. FRNs are an inflatable paper system designed to create debt through inflation (devaluation of currency). when ever there is an increase of the supply of a money substitute in the economy without a corresponding increase in the gold and silver backing, inflation occurs.

Inflation is an invisible form of taxation that irresponsible governments inflict on their citizens. The Federal Reserve Bank who controls the supply and movement of FRNs has everybody fooled. They have access to an unlimited supply of FRNs, paying only for the printing costs of what they need. FRNs are nothing more than promissory notes for U.S. Treasury securities (T-Bills) - a promise to pay the debt to the Federal Reserve Bank.

There is a fundamental difference between "paying" and "discharging" a debt. To pay a debt, you must pay with value or substance (i.e. gold, silver, barter or a commodity). With FRNs, you can only discharge a debt. You cannot pay a debt with a debt currency system. You cannot service a debt with a currency that has no backing in value or substance. No contract in Common law is valid unless it involves an exchange of "good & valuable consideration." Unpayable debt transfers power and control to the sovereign power structure that has no interest in money, law, equity or justice because they have so much wealth already.

Their lust is for power and control. Since the inception of central banking, they have controlled the fates of nations.

The Federal Reserve System is based on the Canon law and the principles of sovereignty protected in the Constitution and the Bill of Rights. In fact, the international bankers used a "Canon Law Trust" as their model, adding stock and naming it a "Joint Stock Trust." The U.S. Congress had passed a law making it illegal for any legal "person" to duplicate a "Joint Stock Trust" in 1873. The Federal Reserve Act was legislated post-facto (to 1870), although post-facto laws are strictly forbidden by the Constitution. [1:9:3]

The Federal Reserve System is a sovereign power structure separate and distinct from the federal United States government. The Federal Reserve is a maritime lender, and/or maritime insurance underwriter to the federal United States operating exclusively under Admiralty/Maritime law. The lender or underwriter bears the risks, and the Maritime law compelling specific performance in paying the interest, or premiums are the same.

Assets of the debtor can also be hypothecated (to pledge something as a security without taking possession of it.) as security by the lender or underwriter. The Federal Reserve Act stipulated that the interest on the debt was to be paid in gold. There was no stipulation in the Federal Reserve Act for ever paying the principle.

Prior to 1913, most Americans owned clear, allodial title to property, free and clear of any liens or mortgages until the Federal Reserve Act (1913)

"Hypothecated" all property within the federal United States to the Board of Governors of the Federal Reserve, -in which the Trustees (stockholders) held legal title. The U.S. citizen (tenant, franchisee) was registered as a "beneficiary" of the trust via his/her birth certificate. In 1933, the federal United States hypothecated all of the present and future properties, assets and labor of their "subjects," the 14th Amendment U.S. citizen, to the Federal Reserve System.

In return, the Federal Reserve System agreed to extend the federal United States corporation all the credit "money substitute" it needed. Like any other debtor, the federal United States government had to assign collateral and security to their creditors as a condition of the loan. Since the federal United States didn’t have any assets, they assigned the private property of their "economic slaves", the U.S. citizens as collateral against the unpayable federal debt. They also pledged the unincorporated federal territories, national parks forests, birth certificates, and nonprofit organizations, as collateral against the federal debt. All has already been transferred as payment to the international bankers.

Unwittingly, America has returned to its pre-American Revolution, feudal roots whereby all land is held by a sovereign and the common people had no rights to hold allodial title to property. Once again, We the People are the tenants and sharecroppers renting our own property from a Sovereign in the guise of the Federal Reserve Bank. We the people have exchanged one master for another.

This has been going on for over eighty years without the "informed knowledge" of the American people, without a voice protesting loud enough. Now it’s easy to grasp why America is fundamentally bankrupt.

Why don’t more people own their properties outright?

Why are 90% of Americans mortgaged to the hilt and have little or no assets after all debts and liabilities have been paid? Why does it feel like you are working harder and harder and getting less and less?

We are reaping what has been sown, and the results of our harvest is a painful bankruptcy, and a foreclosure on American property, precious liberties, and a way of life. Few of our elected representatives in Washington, D.C. have dared to tell the truth. The federal United States is bankrupt. Our children will inherit this unpayable debt, and the tyranny to enforce paying it.

America has become completely bankrupt in world leadership, financial credit and its reputation for courage, vision and human rights. This is an undeclared economic war, bankruptcy, and economic slavery of the most corrupt order! Wake up America! Take back your Country."
  

Wednesday, July 6, 2011

CNN Dumps Gov. Spitzer


After some nine month is prime time at CNN former NY Gov. Eliot Spitzer is canceled.

If you check our archives you will find we predicted that Spitzer's show would be a looser. 

CNN could save lots of money by employing us as their program consultant.  Admittedly this was an easy call in that being a disgraced liberal governor who visits hookers is not the kind of credentials that make for a successful TV host.  We can only believe that CNN is driven by political ideology rather than common sense.    

Tuesday, July 5, 2011

Obama Stimulus Now Causing Job Losses

The White House's own figures report the it has cost $278,000.00 dollars for every job saved or created since stimulus passed.  These statistics prove beyond a shadow of a dough that the Obama Stimulus is a complete failure. 

Shackling your children and grandchildren with mountains of debt is a cruel way for any politician to curry favor with their base.  Especially when in the case of the Obama Stimulus since similar programs have been tried in the past with the same outcome, few jobs and high amounts of new debt. 

Well meaning intentions are no excuse in the face of abject failure.  The Democrats and Obama are trying to drive the economy off a cliff.  We must voice our opposition to their plans before it is to late.

http://www.weeklystandard.com/blogs/obama-s-economists-stimulus-has-cost-278000-job_576014.html

Friday, July 1, 2011

Obama Stimulus Failed: Former Federal Reserve Chairman Greenspan


Just like under FDR massive federal spending does little to improve economy and creates record debt.

If we are doomed to repeat history it would be wise to repeat historic economic polices that actually stimulate growth and revenue.  Lower taxes for all Americans and less regulation have proven beyond any dough to be the fix for an ailing economy.  History proves that a formula of lower taxes and less regulation works.

Not only does history prove this formula works, so does current events.

Texas is creating 40% of all the new jobs in the USA. Texas has no state income tax and is a right to work state.  Texas is also business friendly.  In contrast look at states that promote unions and have high taxes and you will find states in trouble.  Another reason Texas is booming is people are leaving the states with high taxes and moving to the Lone Star State.  This influx of residents helps create jobs.

Cutting the size of the Federal government and lowering taxes is the only way out of the current Obama economy.  Sadly in the face of failure Obama is still calling for higher taxes and more spending.  The Obama way of hope and change is if you fail double down with the same policies that are already proven not to work.  



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