Saturday, October 18, 2008

Ron Paul: Bailout means we'll all suffer



U.S. Rep. Ron Paul, who has been an opponent of the government's bailout plan, spoke Friday with CNN's Kiran Chetry on "American Morning." The Texas Republican says the bailout's infusion of government money will lead to inflation, that our current monetary system is coming to end, and the market, not politicians, can best solve the economic crisis.

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Thursday, October 9, 2008

The Bible Is Total Bullshit!



Penn and Teller do a great job with help from Michael Shermer of the Skeptic Society of illistrating just what utter bullshit the Bible is. It really is embarrassing that people still believe this nonsense in this day and age. Please free your mind!
View here:

Saturday, October 4, 2008

Is US Government Preparing for Martial Law ?



By F. William Engdahl 26 September 2008
As street protests grow across 150 cities in the USA, and the economic crisis spreads, there are indications that the Bush Administration may be preparing for severe repression measures to quell any protest. This takes place against a backdrop of open, callous financial abuse by US Treasury Secretary Paulson and President Bush over their TARP bill for a $700 billion carte blanche to Paulson to bail out his cronies in Wall Street. Paulson, it has been revealed, holds $700 million worth of stock options in his former firm, Goldman Sachs. The unprecedented step he took with Federal Reserve chief Bernanke to allow Goldman Sachs to immediately transform into a Bank Holding company in order to get access to Federal Reserve credit, is just another indication of the outrageous climate of not mere corruption in Washington. It is of a scale of the legend of Nero playing violin as Rome burns.

Army to Deploy in October for Domestic Operations
Beginning in October, the US Army plans to station an active unit inside the United States for the first time ever, to serve as an ‘on-call’ federal response in times of ‘emergency.’ The 3rd Infantry Division’s 1st Brigade Combat Team has spent thirty-five of the last sixty months in Iraq. They are now training for domestic operations. The unit will soon be under the day-to-day control of US Army North, the Army service component of Northern Command (NORTHCOM). The Army Times reports this new mission marks the first time an active unit has been given a dedicated assignment to Northern Command. The paper says the Army unit may be called upon to help with ‘civil unrest and crowd control.’ The soldiers are learning to use so-called non-lethal weapons designed to subdue unruly or dangerous individuals and crowds.
The deployment of Army troops for domestic law enforcement had been forbidden since Congress passed the Posse Comitatus Act in 1878. Posse Comitatus Act was passed with the intent of removing the Army from domestic law enforcement. Posse comitatus means “the power of the county,” reflecting the inherent power of the old West county sheriff to call upon a posse of able-bodied men to supplement law enforcement assets and thereby maintain the peace. Following the Civil War, the Army had been used extensively throughout the South to maintain civil order, to enforce the policies of Reconstruction, and to ensure that any lingering sentiments of rebellion were crushed. The Army necessarily became involved in traditional police roles and in enforcing politically volatile Reconstruction-era policies. The stationing of federal troops at political events and polling places under the justification of maintaining domestic order became of increasing concern to Congress, which felt that the Army was becoming politicized and straying from its original national defense mission. The Posse Comitatus Act was passed to remove the Army from civilian law enforcement and to return it to its role of defending the borders of the United States.
Homeland Security?


As the US economy continues to deteriorate at an accelerating tempo, tens of thousands of illegal Mexican and other immigrants are facing tough police crackdown for the first time in years. Federal agents have arrested at least 200 people in immigration raids in Illinois, Indiana, Colorado and California over the past week. Most of the arrests took place in the Chicago area and northern Indiana. Beginning on Sept. 12, four ICE Fugitive Operations teams detained and arrested 144 people in nineteen towns in the region. Fifty-nine more immigrants were arrested in Colorado, where agents conducted raids in fourteen cities. In California, agents arrested twenty-one undocumented immigrants working at a chain of Chinese restaurants. Meanwhile, a new study by the Pew Hispanic Center has found that nearly one in ten Latinos in the United States reported that in the last year police or other authorities stopped them and asked them about their immigration status. Last year, ICE agents arrested more than 35,000 undocumented immigrants—more than double the number in 2006.
The actions of Secretary Paulson and Fed chief Bernanke over their proposed $700 billion financial bailout, as I detailed in my two previous pieces here, Finanz-Tsunami: Wird Washington die Wall Street verstaatlichen?, and Weitere Hintergründe zu Henry Paulsons versuchtem Finanzputsch, is the most brazen attempt to rob the US taxpayer to make good the criminal abuses of the major banks and financial houses that have knowingly engaged in fraud totalling trillions of dollars in the Asset Backed Securitization schemes that former Fed chief Alan Greenspan went out of his way to support. As discontent across the population spreads, and a realization begins to break through the controlled US media manipulation that ordinary Americans are being massively defrauded by their elected officials, the likelihood grows that there will be massive spontaneous public protest, peaceful or otherwise, in the period up to elections. Some observers have speculated that such social unrest, perhaps made violent by well-placed professional agent provocateurs, would provide the present Administration the pretext to declare martial law and suspend elections altogether.

Thursday, September 25, 2008

Ron Paul on the "Bailout"

Ron Paul on the coming meltdown that I and others have predicted for years.


The financial meltdown the economists of the Austrian School predicted has arrived.
We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the Federal Reserve. No liquidation of bad debt and malinvestment is to be allowed. By doing more of the same, we will only continue and intensify the distortions in our economy - all the capital misallocation, all the malinvestment - and prevent the market’s attempt to re-establish rational pricing of houses and other assets.

Monday, September 22, 2008

Dr. Evil to the Rescue



My question is, if it’s so easy to just create this kind of “money” out of thin air, why only half a trillion? Hell, let’s fire up those printing presses! I say we should make it $100 trillion dollars (my finger raised to the corner of my mouth) and let’s not stop there. Let’s give every person in this country let’s say . . . oh, I don’t know . . . $1 million (once again finger to mouth); that should really fix things!
The problem with this kind of thinking is it won’t work. All that will happen is the problem will get much worse, inflating our already devalued dollar. The government knows this yet still has no problem creating more “wealth” out of nothing. You cannot make something out of nothing; it doesn’t work that way. This is nothing more than a scheme, one that would land the average broker on Wall Street in prison, but the government gets away with it every day! The United States government is the number one counterfeiter in the world, the number one Ponzi scheme operator and the number one enemy of the free market system.

Saturday, September 20, 2008

Death of Libertarianism


Those who know me know I define myself as an Anarcho-capitalist more than a Libertarian. I was never much on party politics so when describing myself politically I preferred the term Anarcho-capitalist to Libertarian because I did not associate myself with a voting group. With that said I always supported many Libertarian principles and admired several Libertarian candidates such as Harry Brown and Ron Paul.

Today I have lost what little respect I once had for the Libertarian Party with their nomination of Bob Barr. Libertarians are supposed to be for less government and more freedom. The Libertarian Party nomination of Barr as their candidate should be a slap in the face to any real Libertarian. Barr is not a Libertarian, never has been and he has made it obvious never will be.

Tuesday, September 16, 2008

Let the House of Cards Tumble!




Question: What should you do when your good friend parties too hard one night, downs more alcohol than is thought humanly possible, generally makes a reckless ass of himself in his inebriation, and wakes up the following morning with a hellish hangover and confused guilt over what transpired before?
Solution: you let them sit it out and suffer.
That’s right; you let them face the consequences of their actions. Assuming your friend is (or should be) a mature adult, he cannot expect a savior on a white horse to deliver him from his foolishness. Your friend would be doing you a disservice by having you make excuses for him, and certainly it’d be cruel to expect you to foot the bill for the damage he’s done. Enabling your friend’s behavior wouldn’t spur him to learn from his mistakes and prevent another fiasco in the future.
So when the question arises of what to do about the credit crisis and the failing banks and subprime mortgage-holders, et cetera, there’s only one sane answer: “let ’em fail.”

Monday, September 8, 2008

Hayek Was Right: The Worst Do Get to the Top



Those who, in Hayek’s words, “think that it is not the system which we need fear, but the danger that it might be run by bad men,” are naïve utopians who will forever be disappointed by the socialist outcome. Indeed, this is the history of twentieth-century statism—the endless search for a place where the dream might actually be made to work, settling on a spot until disaster is embarrassingly apparent to all, then blaming persons rather than the system and flitting off to the next inevitable disappointment. Perhaps someday, the dictionary definition of “statist” may read, “Someone who learns nothing from human nature, economics, or experience, and repeats the same mistakes over and over again without a care for the rights and lives of people he crushes with his good intentions.”

Wednesday, August 20, 2008

Are You a Deathbed Libertarian?


Paine fiercely defended Age of Reason. In “an answer to a friend,” a letter dated May 12, 1797 , Paine asked:
. . . by what authority do you call the Bible the 'word of God?' for this is the first point to be settled . . . The Popish Councils of Nice and Laodicea, about 350 years after the time the person called Jesus Christ is said to have lived, voted the books that now compose what is called the New Testament to be the 'word of God.' This was done by yeas and nays, as we now vote a law . . . I am as capable of judging for myself as they were, and I think more so, because, as they made a living by their religion, they had a self-interest in the vote they gave.
In the same letter Paine further says:
It is from the Bible that man has learned cruelty, rapine, and murder; for the belief of a cruel God makes a cruel man. That bloodthirsty man, called the prophet Samuel, makes God to say, (i Sam. xv. 3,) "Now go and smite Amaleck, and utterly destroy all that they have, and spare them not, but slay both man and woman, infant and suckling, ox and sheep, camel and ass."
He concludes his epistle by saying his letter was
written to satisfy you, and some other friends whom I esteem, that my disbelief of the Bible is founded on a pure and religious belief in God; for in my opinion the Bible is a gross libel against the justice and goodness of God, in almost every part of it.

Friday, August 1, 2008

Who Threatens You Most?


The President, Congress, Fed--Or Iran?


Some day in the not-too-distant future, someone will pen a book called Who Wrecked America ? If the book is honest, fingers will be pointed at the crooks and liars in Washington DC and Wall Street, at lobbyists (pimps) and Congressmen (whores), at bankers and war toy makers, at AIPAC and PNAC, at presidents, executives and generals.
Doubtful that anyone will conclude that Iran had much to do with the destruction of America . Although today Iran remains in the gunsights of the master criminals in DC, that distant land does less damage to America than a handful of high American officials. Truthfully, I feel more threatened by Bush and Bolton , by Barack and Barak, by McCain and Cheney and Pelosi, than anyone in Iran .