Margoth B.G

Margoth B.G

Higher power of the universe!

DIVINITY, please heal within me these painful memories and ideas that are causing negative feelings of disgust and anger inside me. I am Sorry, I Love You, Forgive me, thank you!

Higher Power of the Universe, Higher Power in the Universe, Mayor Power in the Universe. Please take good care of my conscience, unconsciousness, my physical, mental, and spiritual in my present. Protect all members of my family, especially my children and my husband.

Father, Mother, Divine, and Creators Children, all in one, if my family my relatives and ancestors offended their family, relatives and ancestors in thoughts, words and actions from the beginning of our creation to the present. We ask for your forgiveness. Let this be cleaned to purify and released. Cut out all the wrong energies, memories and negative vibrations and transmute these unspeakable energies into pure light and so be it done.

Divine intelligence, heal inside me painful memories in me I are producing this affliction. I am sorry, forgive me, I love you, thank you. So be it! Thank you! Margoth.

DIVINIDAD, por favor sanar dentro de mí estos dolorosos recuerdos e ideas que están causando sentimientos negativos como el disgusto o enojo dentro de mí. Lo sentimos Te Amo Gracias Perdóname.

Poder Superior del Universo, Poder Mayor en el Universo, Poder Alcalde en el universo. Por favor cuida y protege a mi conciencia, Subconsciencia, físico, mental, espiritual y mi presente. Proteger a todos los miembros de mi familia, especialmente a mis hijos y a mi esposo.

Padre, Madre, Divina, e Hijos Creadores, todo en uno, si mi familia mis parientes y antepasados ofendieron a su familia, parientes y antepasados en pensamientos, palabras y acciones realizadas desde el principio de nuestra creación hasta el presente. Pedimos su perdón. Que esto sea limpiado para purificarlo y liberado. Corta todas las energías erradas, recuerdos y vibraciones negativas y transmutar estas energías indecibles en pura luz y que así sea hecho. Inteligencia divinidad, sana dentro de mí los dolorosos recuerdos en mí que me están produciendo esta aflicción. Lo siento, perdóname, te amo gracias. Que así sea! ¡Gracias! Margoth.


my life

my life

Saturday, August 9

POLITICAL SCIENCE & LEGAL SCIENCE






I have a pet theory that a good way to understand history is to examine the currency arrangements. Historians will address the rampant debasement of the currency by the Romans in the third century, for example, but they never try to explain events through the lens of currency. I think you can argue that the history of money is the history of man in the sense that the arc of civilization is the mastery of money by the people in charge.
Two good examples are Charlemagne and Offa of Mercia. They were contemporaries and both reformed the coinage and mastered seigniorage. Forever after them, a key goal of the ambitious ruler was to control the coinage and use it as part of his arsenal against his adversaries. Closer to home, the history of the world post World War II is all about the dollar and its role as the reserve currency of the world.
Anyway, it looks like James Rickards was right a few years ago when he said the world is descending into a another currency war. That’s a great book, by the way. The Wall Street Journal reports that China is debasing its currency and sending shock waves through the emerging markets.
China’s devaluation of its currency jolted global markets Tuesday, hitting stocks and commodities and boosting government bonds.
The Dow Jones Industrial Average fell 1.2% to 17402.84, erasing most of the previous session’s gains. The S&P 500 fell 1% to 2084.07. The pan-European Stoxx Europe 600 index closed 1.6% lower.
Oil and metals prices also fell sharply, while demand for haven assets pushed down bond yields in the U.S. and Europe, as investors worried that Beijing’s move signaled concerns over growth in the world’s second-largest economy.
The moves came after the People’s Bank of China on Tuesday pushed down the yuan’s trading range against the dollar, setting its daily fixing rate 1.9% lower. Investors reacted to the move by pushing the yuan down almost 2% from that level.
Financial markets saw it as a sign that Chinese authorities believe it is necessary to act to boost flagging growth, said Ewen Cameron Watt, chief investment strategist at BlackRock’s Inc.’s Investment Institute.
They call currency devaluation “beggar thy neighbor” for a reason. China, in an effort to boost exports, will start printing money, thus lowering its value against the dollar and other currencies. That will make Chinese products more competitive in US and European markets. This may be fine for the US and Europe as it means cheap goods and people like cheap goods for a while.
The trouble is everyone else will have no choice but to follow suit and debase their currency. It can easily become a race to the bottom. International management through central banks is probably enough to keep things from getting out of hand, but there are unknown unknowns. The biggest is the off the books carry trade market that is possibly over $9 Trillion USD now.
The entirety of this market is leverage. You borrow money to invest it in another currency. Presumably, settlement of both ends of the transaction leaves a profit, but big moves in the currency rates means huge losses. Those losses are covered by liquidating other assets to cover the loss. This can set off a cascading effect blowing up whole markets in days, even with the loss prevention systems governments have in place. The most obvious example is The Asian Financial Crisis of ’97.
Life is not a math problem and so economic problems become political problems. Brazil, which is already struggling, cannot withstand a currency war. This is not a country with a stable political and cultural foundation. The current president is already under fire so a deepening economic crisis will probably lead to political turmoil or worse. Military coup is the traditional way of doing things in Brazil so you never can rule that out as a possibility.
Currency wars never end well. The currency war that started in the 1920’s ended with depression and world war. The disorganized flight from the Bretton Woods system eventually led to the current system of towering world debt that may be about to tip over. The only way for the West to maintain their massive custodial states is through unlimited credit emissions. A full on currency war probably brings that to an end.

The Cost Shifting Economy


Share on Google+Pin on PinterestShare on RedditTweet about this on TwitterShare on TumblrShare on Facebook
Car dealers train their salesmen to focus the customer on the car payment and not the sticker price. There’s a number of reasons for it. One is that people will take a larger car payment that they want if they like the car. The difference between a $500 payment and a $550 payment is easy to justify when you’re in love. That’s a few thousand dollars more in car, but it only feels like fifty bucks.
The other reason is the dealer can bundle everything up so that the customer cannot negotiate each item one at a time. The last thing a dealer wants is to debate the trade-in, the interest rate, the dealer options and so on. A good salesman can sneak in some high profit items to the dealer, while hitting the customers peak tolerance for a car payment.
The mobile phone market has always worked on this principle. My first mobile phone was from a place in Boston that basically leased you a phone and charged you each month for minutes. They quickly figured out that was a loser and just included the minutes. That was late 80’s and it has been that way ever since. You “buy” the phone, but you’re really just making a down payment. The rest is financed through your monthly bill.
That’s about to change and it is another example of the cracks showing up in the cost-shifting economy.
Verizon Wireless today announced a new set of wireless data plans, and none of them are available with contracts or phone subsidies.
It’s not clear from Verizon’s announcement whether it’s going to completely stop offering contracts and device subsidies to new customers after these plans become available on August 13. Since the announcement doesn’t say anything about killing existing plans, it’s possible that the company could still offer traditional two-year contracts, but without promoting them. We’ve asked Verizon about this and will provide an update if we get one.Going forward, Verizon will encourage customers to either buy phones outright or pay for the entire device in installments. This differs from the model in which you get a discount of several hundred dollars off the price of a new phone but have to sign a two-year contract that can’t be broken without paying early termination fees. When customers own their phones outright, it’s a lot easier to switch carriers to get a better deal.
The mobile carriers have been subsidizing the phone purchase by financing it through the bill. That’s how the broke waitress can afford a $650 iPhone. Apple was shifting the cost of their phone to the carrier. The carrier, in turn, found a way to game the customer by tucking the costs in the monthly bill. They also put some interest in there too.
That worked fine in a growing market, but the market is saturated. They’ve run out of greater fools. Now the carriers are chasing price and that means the subsidies go away. The number of people will be willing to pony up $650 for an iPhone is probably much less than the number willing to pay $200. This will have the inevitable result of collapsing the margins of the phone makers as they have to chase price.
For a long time now the US economy has been based on the belief that growth is forever. When every business in a market is based on forever growth, when the market stops growing, it collapses and takes everyone with it. The housing bubble is a classic example, but large swaths of the tech economy have worked the same way. We’re running out of new people to pay for the old people now. The results are inevitable.

We have Always Been At War With The South


Share on Google+Pin on PinterestShare on RedditTweet about this on TwitterShare on TumblrShare on Facebook
The descendents of Puritan Yankees are bound together over one thing and that’s a deep hatred of the South. They used to hate the South because it represented the Royalist side of English life. Once the North was able to destroy the South and Royalist culture, things calmed down for a while. But, the fevered lunacy of the North was revived with the importation of new crackpot ideas from the Continent and the Cult of Modern Liberalism was born. Soon thereafter they went to war with the South again.
This just in from old friend Lois Lerner:
Lois Lerner, the central figure in the IRS targeting controversy, called Abraham Lincoln the country’s worst president in an email disclosed in a bipartisan Senate report, according to USA Today.
“Look my view is that Lincoln was our worst president not our best,” Lerner wrote in an email dated March 6, 2014.Lerner, the former IRS director of Exempted Organizations, joked in one email that the 16th president should have just let the South secede, rather than fighting the Civil War.
“He should [have] let the south go,” Lerner wrote in response to a friend who disparaged Texas as a “pathetic” state. “We really do seem to have [two] different mind sets.”
The report also highlighted emails written by Lerner calling conservatives “crazies” and “a–holes.”
As I keep saying, the cultural heirs of those Yankee Puritans are not acting from facts and reason. They look at the rest of the country, particularly the South, as sub-human. In the 18th century they saw the South as an affront to God. In the 19th century they saw the South as a threat to God’s creation. They’ve dropped the references to God in the 20th, so the South became an obstacle to the Progressive paradise.
It should come as no surprise that Lerner is from Massachusetts, the epicenter of liberal lunacy. Her husband appears to be from Eastern Ohio, which was settled by Puritan lunatics after the Revolution. Another one of my themes is that belief is heritable and therefore fanaticism is as well. A whole lot of commies were the children of religious Jews for a reason. The believing gene is strong in the Tribe.

ISIS and the West


Share on Google+Pin on PinterestShare on RedditTweet about this on TwitterShare on TumblrShare on Facebook
The rise of fundamentalist Islam has perplexed and outraged the West for a few decades now. The prophesies all said the brown people would rejoice when the good thinkers welcomed Islam into the West. Instead, the muzzies have gone bonkers, rejecting the West and retreating into a medieval philosophy that rejects everything the West believes about the world.
I thought about that while reading this book review in the New York Review of Books. Why it is written by “anonymous” is a mystery to me. Maybe the Economist style is coming to America. It always seem to me that the propaganda arm of the custodial state should use that style. That way it is hard for the masses to dismiss the lectures. Anyway, the article is worth reading, but this bit is what got my attention:
The thinkers, tacticians, soldiers, and leaders of the movement we know as ISIS are not great strategists; their policies are often haphazard, reckless, even preposterous; regardless of whether their government is, as some argue, skillful, or as others imply, hapless, it is not delivering genuine economic growth or sustainable social justice. The theology, principles, and ethics of the ISIS leaders are neither robust nor defensible. Our analytical spade hits bedrock very fast.
I’m highlighting that bit as there was a time when using the phrase “social justice” would get you laughed out of most rooms. Even lefty outposts like the New York Review of Books would flinch at that phrase. That’s because everyone knew it was a ridiculous idea, held only by the naive and stupid. Today, “everyone knows” the point of government is social justice. Go figure.
Interestingly, the “genuine economic growth” line has crossed the street in my life as well. There was a time when only black-hearted right wingers talked about economic growth. Decent people understood that there was much more to life than money. Now, even the most fanatical Progressives thinks that every tree must grow to the sky, no matter what.
I have often been tempted to argue that we simply need more and better information. But that is to underestimate the alien and bewildering nature of this phenomenon. To take only one example, five years ago not even the most austere Salafi theorists advocated the reintroduction of slavery; but ISIS has in fact imposed it. Nothing since the triumph of the Vandals in Roman North Africa has seemed so sudden, incomprehensible, and difficult to reverse as the rise of ISIS. None of our analysts, soldiers, diplomats, intelligence officers, politicians, or journalists has yet produced an explanation rich enough—even in hindsight—to have predicted the movement’s rise.
I’ve argued often that American Progressive faith has a lot in common with Islam. Some of my comparisons are meant to be snarky, but there’s a lot of points of comparison. One area is the inward looking nature of the two faiths. Progressives fixate on communal salvation in the same way Muslims do, the two just have different ends.
The main difference is that Islam knows a lot about the West. Most people don’t know that Islam was the the center of intellectual life before the Mongols came calling. The Sack of Baghdad in 1258 is viewed as the point at which Islam fell behind the West and the East culturally. Muslim Arabs are well aware of this, having grown up in the shadow of the West, often living in the West.
We hide this from ourselves with theories and concepts that do not bear deep examination. And we will not remedy this simply through the accumulation of more facts. It is not clear whether our culture can ever develop sufficient knowledge, rigor, imagination, and humility to grasp the phenomenon of ISIS. But for now, we should admit that we are not only horrified but baffled.
I’ve come to think of Progressives as the decedents¹ of the Puritans for a number of reasons. The one reason important here is the inward looking nature of both Puritan and Progressive culture. The Puritans saw salvation as a community activity. Internal discipline and cohesion were paramount so they focused on it exclusively. A certain studied ignorance of the outside world was critical to maintain discipline. That’s a Progressive quality as well.
The result is the people in charge not only misunderstand the world beyond their understanding, they have no way of understanding it. To understand the draw of Islam to young Arabs, you need to consider the possibility that life in the West is not on the road to paradise. You also have to contemplate the possibility that there are many ways to be happy as a people.
The innate intolerance of Progressives prohibits this sort of speculation. There’s also the deep rooted belief that bad things happen to God’s people when those people fail in their duty as God’s servants. That means 9/11 was America’s fault for not abiding by the Progressive virtues. The rise of ISIS was due to bad US policy in the region (Bush). The muzzies lack agency of their own so they are not blamed.
That’s why Progressives are so vexed with ISIS. President Obama, peace be upon him, has been running policy in the region for a long time. Everything has been done properly and yet these people hate us as much, if not more, than they did in the Bush years. Their “analytical spade” hits bedrock very fast because it does not exist. They have not thought for a second that the Muslims could have a point of two to make.
¹Yes, that is on purpose.

Technical Difficulties


Share on Google+Pin on PinterestShare on RedditTweet about this on TwitterShare on TumblrShare on Facebook
The hosting company has been letting down on their end the last 24 hours so the site has been up and down. If you tried to comment and got an error, it was probably your fault, but it could have been a technical issue. It looks like we are back up and running now.

The Die is Cast


Share on Google+Pin on PinterestShare on RedditTweet about this on TwitterShare on TumblrShare on Facebook
Watching the GOP “debate” the other night, I started thinking about how my bias will effect my judgement of the results. That’s what you always see with these things. Everyone wears their bias on their sleeve. I know Kasich fans who swear he carried the night. Trump fans are on twitter claiming Trump had a good night. Kevin Williamson needed his meds doubled in order to avoid being committed.
That last bit is a good example. Williamson hates Trump. It is an irrational, unhinged hatred, which would be fine except that Trump is doing well. Worse for Kevin is that his readers are mostly enjoying the show and see Trump as a protest vote. The result is Kevin sounds like a low-IQ lunatic. Bias can be very powerful stuff.
Anyway, I was watching and wondering how my bias is shaping my opinions. I want to like Perry, but he’s just not very good so I’m probably doing OK on that score. I want to like Walker and I’m probably willing to overlook his wobbly responses to the important questions. I want to hate Santorum, but I have to admit he says sensible things. I can at least see why people like him.
The truth is I don’t have a big investment in the Republicans. Thinking about my biases, that’s the conclusion I hit on. I’m probably more invested in Kevin Williamson’s nervous breakdown over Trump, as I used to enjoy reading Kevin’s columns. Who the GOP nominates for their guy is simply not all that important to me. I’m just not that into them anymore and they are not into guys like me either.
The last few elections, I went to vote out of habit and loyalty to the old ways. I was born into a country where people, who were like me, tried hard to win my vote. I now live in a country where people who hate me and are nothing like me chase the votes of people who hate me. Voting, for me, is mostly about remembering the way things used to be. Occasionally there’s something on the under-card worth considering.
The other night, thinking about this stuff, I was reminded of this Sean Trende piece from the last election. This table explains Trump and it predicts who the GOP must pick for their candidates in order to win:

Whites are starting to walk away from the process. Not all classes of whites. The Trende piece shows that it is the rural and working class whites, that is staying home. He characterizes them as the Perot vote, which would now be called the Trump vote. The folks on the Dissident Right, who would not be considered downscale in any other context, are certainly a part of this dynamic.
My guess is the GOP’s biggest problem is with white men. I know a lot of white guys who are generally disgusted with the Republicans. I was at lunch the other day with men who are typical middle-class suburbanites. The sort you think of as Chamber of Commerce types. All of them were fed up with the GOP and they were talking about Trump. They know he is a clown, but they’re just tired of the bullshit from the party.
Now, Trump will never be the nominee. That circus on Thursday night was just the appetizer. While Trump helps Bush and the surrender wing of the GOP right now, he is seen as an embarrassment so he has to go. Ideally, from their perspective, the air goes out of his balloon in the fall and he drops out over the holidays. That way he is a non-story for the primaries.
Can they win without these voters?
Here are some math to consider. These are states along with their electoral votes that are Democrat locks: WA(12), OR(7), CA(55), NM(5), ME(4), NH(4), VT(3), MA(11), RI(4), CT(7), NY(29) NJ(14), MD(10), DE(3), DC(3), HI(4). That’s 175 votes and they need 270 to win.That’s just the states that are a mortal lock. The GOP will not even campaign for president in these states.
Here are the “swing states” that the media locks in on every year. CO(9), MN(10), WI(10), MI(16), IA(6), MO(10), OH(18), PA(20), VA(13), NC(15), FL(15). That looks like a lot, but states like MN have not gone GOP since the 70’s. Demographics say this can change, but until it does there’s no reason to think it is going to in 2016. Adding back the heavy leaners to the Democrat total you get 240 electoral votes.
The GOP has to sweep Ohio, Virginia, North Carolina and Florida and make sure none of their more reliable states like Missouri swing the other way. Virginia has been invaded by Hispanics and Yankees, who vote Democrat exclusively. It went for Obama the last two times for that reason. Similarly, Florida went Obama the last two times.
Can the GOP win these states if they don’t drive up that white guy vote? Maybe, but the odds are against them. Can they win with a guy like Bush at the top of the ticket? There’s where things get interesting. A Bush – Kasich ticket will give the GOP the White House as they are sure to carry Ohio and Florida. Similarly, a Kasich – Rubio ticket will get them the White House. Any other combination is probably a loser.
So, there’s no reason to pay any attention to the GOP primary. The die is cast.

The Tourney O’Champions


Share on Google+Pin on PinterestShare on RedditTweet about this on TwitterShare on TumblrShare on Facebook
I’m not sure if there is a good way to handle a field of 17 candidates, as far as holding debates and candidate forums. It’s not like most of these candidates are fringe candidates with no shot to win. All of them have at least a puncher’s chance to win a primary or two. There’s just no way to have a debate with 17 people. Once you get past five or six it get too busy.
The bigger problem is having media people run these things. They want good TV and that means a bad forum for transmitting information.It also means using the “talent” used for the news programs and many of those people are as dumb as a plank. Stupid people asking liars their views on public policy is not a recipe for success, but it is how we do things in the Banana Republic.
The Kiddie Table
I felt sorry for this bunch. For some reason they held their debate in an empty auditorium so it underscored the fact that no one likes these candidates. It had a Model United Nations vibe to it, like they were high school kids learning about elections through a mock debate.The two airheads asking questions were what you would expect from announcers at the New Year’s Day parades.
Rick Perry: They asked Perry about Trump right away and he got angry and stayed angry the rest of the show. There was one point where I was sure he was going to fly into a rage. It was not until his closing remarks that he cracked a smile. Perry’s problem has always been that he cannot explain how anything he did as governor had anything to do with the Texas economy. He also has a little of the Bush mush-mouth to him and that brings up bad memories.
Rick Santorum: I don’t want to like this guy, but he is the best informed on the topics and he holds sensible opinions on most of them. He’s the one guy who truly understands that ours is a culture fight, not a math problem. On the immigration question you could tell he has thought about it. It was a good answer too. The trouble is he is detested by the press and the Republican establishment so he has no chance the get any traction.
Bobby Jindal: I got the sense that he was looking at Pataki and Gilmore and wondering if that’s not his future. Jindal has been a competent governor by the standards of Louisiana, but you have to have more than that to run for president. He’s a guy who would look great with a PowerPoint presentation explaining how accounting saved money on envelopes last quarter. His basic argument is he will run the Leviathan better than anyone else. He’s the Nehru version of Mitt Romney.
Carly Fiorina: I get why media think she is good. She’s what Washington thinks normal people sound like. Normal people think she sounds like the woman from HR. Her argument is that she will run the custodial state better than the others thus making Americans trust the rulers again. Like any technocrat, she thinks making the columns lineup on her spreadsheet is the solution to everything. She’s Mitt Romney in drag, but the media plans to drag her into the top tier because that’s the narrative.
Lindsey Graham: I take a back seat to no man in my loathing of Caitlin Graham, or the “Bro with no ho” as they say in the hood. But, I felt bad for him. He was nervous and his voice was cracking like a teenager. His answers bordered on the bizarre they were so rambling. The look on his face is what you expect from someone reading a note on a hostage tape. You have to wonder why he is doing this. He has no reason to run, nothing to say and he sucks at it.
George Pataki: Men who have spent their lives in politics, particularly in east coast states, get very good at these things. They have stood in front of empty rooms and packed houses. They have stood in front of old folks and high school kids, giving the banal speeches local pols give every day. Pataki is a very good speaker, but he would be better off in the Democrat party. His answer on abortion was what moderate Democrats used to say in the 80’s.
Jim Gilmore: People forget that Gilmore was a solid governor. It was a different time and a long time ago, but there’s something to say for being a good governor. That’s the trouble. It was a long time ago. He’s another guy who is a good candidate, doing all the little things you want from a politician, except he has no reason to be running. Come to think of it, he had no reason to run for governor.
Kiddie Table Post Game
The show after the show had the usual collection of chattering skulls from Fox. George Will made me laugh because he has been in the bubble for so long he’s not even sure what time it is. There was a time when Will was a big deal because he was the only non-liberal on TV chat shows. Today he looks like a guy who went to sleep in 1977 and just came out of the coma. It’s kind of tough to watch.
I predicted that they would all try to pump air in Fiorina’s tires and I was right. All of the skulls took turns slurping on Carly, insisting she stole the show. One of them was puzzled as to why voters have no idea why Fiorina is running. It’s one of those times where the media reveals something about themselves they try hard to conceal. In this case, they live in the media hive and see the rest of the country as an alien land. We’re talking monkeys to them.
The Adult Table
The pregame had A-list Fox stars and a packed house, which gave it the feel of a beauty pageant. I think if I were an atheist, I’d point to this as proof there is no God. If there was a God, he would rain down fire and brimstone on any country that picks its leaders this way. I have low standards for this stuff and I was embarrassed to be watching it. Maybe having a hereditary monarch is not such a bad idea after all.
Donald Trump: The problem business people have when running for office is they are not very good at being polite to losers. Trump is not used to humoring losers and so he gets ticked off dealing with the press. That’s fine on the stump, but in a debate he just ends up looking surly and unpleasant. Chris Wallace was there to submarine Trump and he did a good job at it. Trump did not help himself very much either. He did not kill his chances, but he is going to have be better at these things if he wants to be a serious candidate.
¡Yeb! Bush: I tend to think ¡Yeb! will be the nominee simply because he has the money, connections and the support of Conservative Inc. National Review has all their folks going off to ¡Yeb! camp through the summer so they can properly pimp him next year. The trouble is he is a dull as dirt. I can’t believe anyone walked away from this thinking he was their guy. I suspect his backers are getting very nervous right now.
Scott Walker: On paper, he should be the front runner. He’s a solid conservative. He’s getting better on immigration. he took the full blast of the Cult of Modern Liberalism and stood his ground. I doubt anyone remembers a thing he said in this debate. My sense watching him is he is playing for when Trump goes away so he can take down Bush one on one. He’s going to be the reasonable guy to the right of Bush.
Mike Huckabee: There’s a sizable Evangelical vote in the primary and Huckabee knows how to reach that vote. Like Rand Paul, he is a boutique candidate who can live off the land, hoping for something miraculous to happen. Nothing like that happened in this debate, but he did not say anything weird.
Ben Carson: I kept thinking Carson was invited because he promised to bring weed. I’m sure he is a nice man, but his answers were incoherent and he stumbled through his answers like a beauty pageant contestant. I’ve heard him a few times and he always sounds confused when answering off-the-cuff. I suspect he vaporized himself tonight as there are other options for people looking for a values candidate.
Ted Cruz: He’s the one guy who says exactly what he wants to say on every subject. He’s a trained lawyer and he is the smartest guy in the race. That shines through clearly when he is given time to speak. He comes off a bit too hot for these things and probably for most voters. he’s not a man blessed with charisma. I think he did enough to stick around for a while, but he really needs Trump to go so he can be the man of the right.
Marco Rubio: He pretty much disappeared. I never got the point of his candidacy. The reason the party is pushing him as Bush-lite is he is Hispanic, which they think is magical. The rest of us just think he is too young, too dumb and too inexperienced to be taken seriously. Like Carson, I think he goes flat quickly now that his voters have other choices that say the same things.
Rand Paul: Rand Paul is right about a lot of things. His highlight was when he disemboweled Tubby over the Fourth Amendment. There’s really nothing better than seeing someone knock a bully on his ass. After that he disappeared. I don’t know if it matters as he is a boutique candidate anyway. But, he probably did enough to stick around and that’s all that matters for him.
Chris Christie: The highlight of the night was Rand Paul slapping fatty around over search warrants. I can’t figure out why Christie is running. he should be going for the good government pitch, a prol version of ¡Yeb! Instead he is bellowing like a lunatic about things no normal person would get exorcised over. It’s like he thinks screaming is his thing and he has to do in order to be authentic.
John Kasich: What a jerk. That’s what I think every time I hear him speak. He could be a saint, but his TV vibe is fingernails on a chalkboard. He’s another guy who plays too hot for TV. He’s always shouting and pointing. No one wants someone in their living room who is shouting and pointing. I always wonder why no one asks him about being a big shot at Lehman right up until they collapsed.
Post Game
The media will declare Fiorina the big winner from the junior circuit. That was obvious before this started. They like the idea of the long-shot female candidate trying to break up the pale penis people club. It’s a great example of the hive mentality of the press corp.
The big loser is Trump. He looked like a jerk and he did not seem to know much about the issues. Immigration patriots will be disappointed, but they were fools if they thought he was going to win this thing. Trump is a vehicle to shaking up the race and in that regard he was the big winner. My guess is he starts to fade, unless he gets better quickly.
The other big loser was Bush. He was just another dull white guy on stage. If you were a Bush man going into this, you saw several options that were better and similar to Bush on policy. Even Fox, which is Bush country, had nothing to say about Bush after the show. I may be biased, but Bush was a big nothing.

Watching the Debate


Share on Google+Pin on PinterestShare on RedditTweet about this on TwitterShare on TumblrShare on Facebook
I’m not sure if I will watch the debates tonight. I have been meaning to clean the dryer vent for a while and maybe learn how to do a prostate self-exam. In all seriousness, I have a tough time watching these things as they have been turned into talent shows, without the talent. The preening clowns from the media, grinning like chimps for the cameras, asking a bunch of moist robots pointless questions is no way to run a country.
I’m not alone. Last cycle, the best numbers for a debate were early on when Gingrich was bashing the press. The debate in August of 2011 got seven million viewers. The rest struggled to break three million, which is 1 out of every 50 households. I doubt the debates have any impact on voter behavior. Romney waxed the floor with Obama in the debates and still lost handily.
I think one of the things to watch for tonight is how much of an ass Chris “Thanks Dad” Wallace makes of himself trying to be clever. He’s there to mug for the camera and that means trying to trip up the candidates with silly questions he thinks are clever. Trump’s presence will be too much for him to resist so I expect Wallace to show up wearing big floppy red shoes and a red rubber ball nose.
The night is, of course, all about Trump. He’ll get the business from Wallace and how he handles it will be the story. Having Wallace asks the questions probably works for Trump, but you never know. Trump’s act works when he fills the room. Being one guy on a stage of ten may make him look small. That’s what happened to Fred Thompson. Everyone expected the bigger than life TV guy and they got just another guy.
The other thing I’ll be watching is how Christie is treated and how he does with his one shot to get attention. I’ve always suspected the media liked him as “good TV, but totally safe on policy.” Take away the bombast and you have Rudy Giuliani in a fat suit. If ¡Yeb! can’t get his act together, the fat man is a good alternative for the party and their media sponsors. I don’t think primary voters feel the same way, but Republicans tend to fall in line, rather than fall in love.
That’s the other big story. Can ¡Yeb! arrest his decline. In the candidate forum the other day he was awful. I forgot just how bad the Bush Klan is at speaking in public. They have a way of making good news sound like a cancer diagnosis. Bush needs to give people a reason to like him. Right now he is trading on his name recognition and starting now the other names will become recognized. Personally, I hope he strips naked and runs screaming into the street.
The warm-up acts are another area of interest. The kiddie table Fox has set up for the candidates not polling well enough to get a seat at the adult table could be a story of their own. My hunch is the media will be looking for one they can start to champion just to have a story to tell. Narrative journalism requires at least one long shot and plucking a Carly Fiorina from the pack and promoting her fits the narrative. Plus, the press could use her to prove Republicans hate women.
I’m going to watch Walker and Cruz. I can’t say I’m a big fan of either guy, but they have a tale to tell. Cruz is the populist firebrand, at least by today’s soft feminine standards. TV is a cool medium that tends not to work well for firebrands. Walker is a boring dork who sounds like a robot, but he has the best resume of the bunch. I’m curious as to how they try to make this thing work for them.
Otherwise, this is the first weekend of the NCAA tournament for politics. It’s fun to sort through the candidates and think about how they could win, but we all know the game is rigged. Still, it is fun to see the underdogs score some points and give the big dogs a fight. Football season starts in a month so it fills the time between now and then.






Post-Christian West


Share on Google+Pin on PinterestShare on RedditTweet about this on TwitterShare on TumblrShare on Facebook
On this day 1374 years ago, give or take, A Northumbrian army assembled on a field in the West Midlands, which is on the west (left) side of England. Northumbria was in the northern most territory of England, bordering Scotland. Their leader was a man named Oswald and he was the king of Bernicia. He was the most powerful king on the island, the bretwalda, and the man often credited with the Christianizing the north of England.
On the other side was King Penda of Mercia, one of the other kings of the heptarchy. Mercia covered the area that is now called the Midlands, which is conveniently located in the middle of England. Penda was a pagan, the last pagan king of England. Mercia was not very powerful, but they stood in the way of Oswald dominating the south, so they were a natural target for the Northumbrians.
On the day of the battle, Oswald, no doubt, stood before his men and prayed to the new God for victory over their pagan enemies. The custom of the age was to promise gifts to the Church and maybe a daughter or son to the Church in exchange for victory.This was one of the many pagan habits the Church tolerated in order to bring the people slowly into the Church.
On the other side, Penda most certainly made offerings to the old gods, along with promises of additional sacrifices if they were victorious. The origins of King Penda are a bit murky, but we do know he was a pagan and the pagan faith of Britain was Wodenism. It most likely came over with the Saxons and there’s some evidence that Penda was a Saxon.
The Battle of Maserfield probably lasted just a short while. The “armies” of the day were warbands under the command of an Althing or head chief. No one really knows, but the consensus is that armies were at most a few thousand men and probably numbered in the hundreds. In the end, Penda was victorious. Bede describes the outcome as a field made white with the bones of the saints. Oswald, when the battle was lost, is claimed to have knelt and prayed for the souls of his soldiers. Penda had him chopped into pieces and displayed on stakes.
If you were alive at the time, particularly if you were a Mercian, you probably thought Christianity was on the run and the old gods were reasserting their dominion. Certainly Christians had their doubts. But, a dozen years later Oswald’s brother killed Penda at the Battle of Winwaed and a dozen years after that Oswiu presided over the Synod of Whitby where the secular and Christian authorities codified Christianity for the whole of England, including Mercia.
The point of this blast from the past is to illustrate how the culture can seem to shift very quickly. Even in the slow moving medieval period, a nation could switch religions within a generation. One day you’re helping your father burn the Christian missionary, the next day your son is packing wood under your pagan feet at the behest of the local priest. In a world where the religion of the king is the religion of the people, things can change quickly.
A little closer to a our time is the matter of homosexual marriage. In the US, as is usually the case, the rulers impose their fads on the people through the mockery of the court system. That makes it easier for the people to pretend they are a conservative people with a liberal government. The reality is Christianity is dead in America so the people in charge know they will face no resistance.
In Ireland, a place to played up by Hollywood as an austere Catholic country, the people rushed to the polls to vote for homosexual marriage. It’s not that they really cared about the gays or that they were smiting the Church. They simply stopped being Catholic. In 1990, 80% of the people went to church each week. Today it is half that number so voting for homosexual marriage was just what the cool kids were doing.
The point here is that what you see happening today is a lot like what happened with the spread of Christianity through Europe. It was slow and proceeded in fits and starts. Early Christianity in Britain, for example, was hilarious due to the heavy drinking and fornicating of the priests. The commoners could hardly be held to account by such men, at least on moral issues. Over time, a critical mass of true believers gained the upper hand and Christianity became a defining force in English life.
That’s what we’re seeing with the New Religion. It’s not ready to wipe Christianity out completely. It’s simply too ridiculous to be taken seriously by enough people. But, it is making steady progress. If you look at this post from a blogger with a name that is too hard to spell, what you see is the steady erosion of Christianity in America. A third of people under 30 have “no religious affiliation” which means they are not Christian.
About half the country does not attend church at all. In New England, the home of liberal fanaticism, church attendance has collapsed, now resembling Europe. The number of church closings in America suggests that self-reporting of church attendance is wildly inflated. Even in the South, which has always been the most religious part of the country, there’s been a decline in church attendance.
The Battle of Maserfield seemed to stall or even possible signal a rollback of Christianity, but it was just a blip. Similarly, the eradication of Christianity by people of the New Religion has stalled from time to time, but it is winning and will win in time. Today Christians are stripped of their property for disobeying homosexuals. In a generation they will be banned from public. Like Wodenism, Christianity will be a weird part of the past for future generations.

http://www.ft.com/cms/s/0/9c9f3c44-41a2-11e5-b98b-87c7270955cf.html#axzz3iielYHwg

http://www.gse.harvard.edu/news/14/10/televisa-launches-daca-awareness-campaign

https://en.m.wikipedia.org/wiki/Martial_law

A very interesting column.

http://us-presidents.insidegov.com/

COMPLETELY NEUTRAL.

California Dream Act of 2011
Myths & Facts

http://www.infowars.com/feds-preparing-to-invade-texas/

Myth #1 – All Dream Act students are illegal immigrants

The Facts: Dream Act students must meet the requirements of AB 540 law found in Education Code § 68230.5(a). Two groups of students potentially meet those requirements: (1) U.S. citizens who have attended and graduated from a CA high school, but don’t meet state residency requirements, and (2) undocumented students whose parents brought them to the U.S. when they were minors, and who attended and graduated from a CA high school.
Myth #2 – State grants are being taken away from legal U.S. citizens
The Facts: The Cal Grants A & B for which Dream Act students are eligible are entitlements. Every California high school graduate (or the equivalent) who meets the qualifications receives an award.
Myth #3 – Dream Act financial aid is a waste of state resources, because these students will not be able to work once they leave college
The Facts: As stated under Myth #1, a portion of Dream Act students are U.S. citizens, and there are no occupational restrictions on them, except as pertain to general economic conditions.
The Facts: All undocumented Dream Act students must file an affidavit stating they have or intend to (as soon as they are able) apply to legalize their immigration status as a condition of the AB 540 and AB 131 laws. That legal process may result in permanent residency before the students leave college or shortly thereafter.
The Facts: The U.S. Congress has attempted to pass various federal DREAM Acts with bipartisan support. The federal Act would create a pathway to permanent residency and work authorization. That law may be put into place before the students leave college or shortly thereafter.
The Facts: For all postsecondary students, the college experience expands knowledge, identity and community; develops workforce skills; and builds educated and engaged residents and citizens.

Myth #4 – Dream Act Cal Grants can only be used at California public colleges and universities
The Facts: Dream Act Cal Grants can be used at any eligible Cal Grant participating institution. Click here to search for an eligible Cal Grant college or university.

Be sure to Read the Poem at the end..



http://impawards.com/1976/all_the_presidents_men.html

Charley Reese's final column for the Orlando Sentinel... He has been a journalist for 49 years. He is retiring and this is HIS LAST COLUMN.

Be sure to read the Tax List at the end.

This is about as clear and easy to understand as it can be.

The article below is completely neutral, neither anti-republican or democrat. Charlie Reese, a retired reporter for the Orlando Sentinel, has hit the nail directly on the head, defining clearly who it is that in the final analysis must assume responsibility for the judgments made that impact each one of us every day. It's a short but good read.
Worth the time. Worth remembering! 545 vs. 300,000,000 People



-By Charlie Reese

Politicians are the only people in the world who create problems and then campaign against them.

Have you ever wondered, if both the Democrats and the Republicans are against deficits, WHY do we have deficits?

Have you ever wondered, if all the politicians are against inflation and high taxes, WHY do we have inflation and high taxes? and I don't propose a federal budget. The President does.

You and I don't have the Constitutional authority to vote on appropriations. The House of Representatives does.

You and I don't write the tax code, Congress does.

You and I don't set fiscal policy, Congress does.

You and I don't control monetary policy, the Federal Reserve Bank does.

One hundred senators, 435 congressmen, one President, and nine Supreme Court justices equates to 545 human beings out of the 300 million are directly, legally, morally, and individually responsible for the domestic problems that plague this country.

I excluded the members of the Federal Reserve Board because that problem was created by the Congress. In 1913, Congress delegated its Constitutional duty to provide a sound currency to a federally chartered, but private, central bank.

I excluded all the special interests and lobbyists for a sound reason. They have no legal authority. They have no ability to coerce a senator, a congressman, or a President to do one cotton-picking thing. I don't care if they offer a politician $1 million dollars in cash. The politician has the power to accept or reject it. No matter what the lobbyist promises, it is the legislator's responsibility to determine how he votes.

Those 545 human beings spend much of their energy convincing you that what they did is not their fault. They cooperate in this common con regardless of party.

What separates a politician from a normal human being is an excessive amount of gall. No normal human being would have the gall of a Speaker, who stood up and criticized the President for creating deficits..

( The President can only propose a budget. He cannot force the Congress to accept it.)

The Constitution, which is the supreme law of the land, gives sole responsibility to the House of Representatives for originating and approving appropriations and taxes. Who is the speaker of the House? John Boehner. He is the leader of the majority party. He and fellow House members, not the President, can approve any budget they want. If the President vetoes it, they can pass it over his veto if they agree to.

[The House has passed a budget but the Senate has not approved a budget in over three years. The President's proposed budgets have gotten almost unanimous rejections in the Senate in that time. ]

It seems inconceivable to me that a nation of 300 million cannot replace 545 people who stand convicted -- by present facts -- of incompetence and irresponsibility. I can't think of a single domestic problem that is not traceable directly to those 545 people. When you fully grasp the plain truth that 545 people exercise the power of the federal government, then it must follow that what exists is what they want to exist.

If the tax code is unfair, it's because they want it unfair.

If the budget is in the red, it's because they want it in the red.

If the Army & Marines are in Iraq and Afghanistan it's because they want them in Iraq and Afghanistan ..

If they do not receive social security but are on an elite retirement plan not available to the people, it's because they want it that way.

There are no insoluble government problems.

Do not let these 545 people shift the blame to bureaucrats, whom they hire and whose jobs they can abolish; to lobbyists, whose gifts and advice they can reject; to regulators, to whom they give the power to regulate and from whom they can take this power.

Above all, do not let them con you into the belief that there exists disembodied mystical forces like "the economy," "inflation," or "politics" that prevent them from doing what they take an oath to do.

Those 545 people, and they alone, are responsible. They, and they alone, have the power.

They, and they alone, should be held accountable by the people who are their bosses. Provided the voters have the gumption to manage their own employees... We should vote all of them out of office and clean up their mess!

Charlie Reese is a former columnist of the Orlando Sentinel Newspaper. 

What you do with this article now that you have read it... is up to you.
This might be funny if it weren't so true. Be sure to read all the way to the end:
Tax his land,

Tax his bed,

Tax the table,

At which he's fed.

Tax his tractor,

Tax his mule,

Teach him taxes Are the rule.

Tax his work,

Tax his pay,
He works for peanuts anyway!

Tax his cow,

Tax his goat,
Tax his pants,
Tax his coat.

Tax his ties,

Tax his shirt,
Tax his work,
Tax his dirt.
Tax his tobacco,
Tax his drink,

Tax him if he Tries to think.

Tax his cigars,

Tax his beers,
If he cries Tax his tears.

Tax his car,

Tax his gas,

Find other ways To tax his ass.

Tax all he has,

Then let him know

That you won't be done Till he has no dough.

When he screams and hollers;

Then tax him some more,
Tax him till He's good and sore.

Then tax his coffin,

Tax his grave,

Tax the sod in Which he's laid...

Put these words Upon his tomb,

'Taxes drove me to my doom...' When he's gone,
Do not relax, Its time to apply

The inheritance tax.

Accounts Receivable Tax Building Permit Tax CDL license Tax

Cigarette Tax

Corporate Income Tax

Dog License Tax

Excise Taxes

Federal Income Tax

Federal Unemployment Tax (FUTA)

Fishing License Tax

Food License Tax

Fuel Permit Tax

Gasoline Tax (currently 44.75 cents per gallon)

Gross Receipts Tax

Hunting License Tax

Inheritance Tax

Inventory Tax

IRS Interest Charges IRS Penalties (tax on top of tax)

Liquor Tax,

Luxury Taxes.

Marriage License Tax

Medicare Tax,

Personal Property Tax,

Property Tax,

Real Estate Tax,

Service Charge Tax,

Social Security Tax

Road Usage Tax

Recreational Vehicle Tax,

Sales Tax,

School Tax,

State Income Tax,

State Unemployment Tax (SUTA),

Telephone Federal Excise Tax,

Telephone Federal Universal Service Fee Tax Telephone Federal,

State and Local Surcharge Taxes

Telephone Minimum Usage Surcharge Tax

Telephone Recurring and Nonrecurring Charges Tax

Telephone State and Local Tax

Telephone Usage Charge Tax

Utility Taxes, Vehicle License Registration Tax, Vehicle Sales Tax,
California Needs Immigration Reform Not A Comprehensive Legislation.


The problem of comprehensive reform legislation that politicians are offering at this time does not help thousands of families of illegal immigrants who are already here in the state of California. A driver's license is necessary as it is a privilege for residents of this state, but the undocumented do not have that privilege because of their undocumented status. Parents need to dissolve the laws that should not happen. To care for their love ones at their homes, if you were the parent of a home without documents and their children do and have to eat, as a parent, you have to find a way to ensure at least survival.


To obtain a driver's license, you need a social security and obtain this document; you must be a citizen or legal resident of the United States. Families who have lived here for some time, many do not know another culture, traditions here in California. The privileges and benefits offered many California residents, but it is sad to see that the political bureaucracy oppress people's lives and are living here as citizens of third world countries. To say, in California, families are considered illegal immigrants living below the basic needs, according to statistics when California is one of the richest states across the country!


Undocumented immigrants work disproportionately in agriculture, construction, manufacturing, transportation, and materials industries. Thanks to the work of less skilled immigrants are those who argue that the state below the cost of living, food and housing for all who live here in California? However, it is unfair that some people who are immigrants cannot benefit or be legally contributors to California.  The laws are not helping them in any shape or form to the people, if you  have to find ways to feed the children and care for them. For example, as parents, we have to manage to transport children to school, but without a license can you imagine the straggles and time consuming without insurance, the risk that has been held in and for the community, what to do? It seems that politicians do not see the problems. For illegal immigrants there are no other options but to survival while victims of violent crimes against them, and that is what leads them to violate another law! Who is the idea that human beings only have to survive? For politicians, do you think the advantage of not legalize all these millions of human beings? I do not see you, shame on you.


For example, Los Angeles County has the most undocumented residents (about 900,000) of any area in the state, followed by Orange County (about 300,000), San Diego County (180,000), and the Santa Clara County (over 170,000). In the Bay Area of San Francisco, the Central Coast and the San Joaquin Valley have large populations of undocumented immigrants. Approximately one in ten workers in California is an undocumented immigrant. The "immigrants are California's workforce. Indicate that in 2010, California was home to about 2.6 million undocumented immigrants, this is more or less 23% of undocumented immigrants across the country live in California. This calculation gave the Department of Homeland Security and the State Pew Hispanic Center.


Oregon is truly a role model, where state politicians should see the solution and not oppress the weak, or dominate another human being as they are doing today in California.


Now take a look at Oregon State that offers its residents a driver's license, regardless of their legal status. In the state of Oregon, immigrants have the option of driving license. This helps to make life much easier for the family,  like to transport independently their love ones, to get a job, live without being intimidated, harassed and abused, and  see their children who live in comfort, without feeling intimidated by the authorities, without constantly seek to be an easy prey for those who are against human rights. Would you just imagine the opposite of the life of an illegal immigrant who lives in California, this is really a shame that people continue to accept this state of injustice to another human being.


The hope and optimism that gives us here in California now face book is that CEO Mark Zuckerberg launched the website FWD.us, a group that includes business leaders and technology sector. Mr. Zucherberg States, "for the sake of our economy and our security, legal immigration should be simple and efficient." This comes from a very important figure. What does Mr. Zuskerberg is that simple and understandable is efficient. None of the immigration bureaucracy now makes sense. That is very atrocities as human beings who are supposed to be. Like a prudent mind, people think very differently California not as many politicians. Politicians have to touch his human sensitivity and treat everyone as human beings. Mr. Zuskerberg continues, we need to put more emphasis on strengthening immigration issues requiring demand are not equal, the same formula is that many of the aspects and elements of immigration are not all equal, so Thus, immigrants are not a single issue, and there is a comprehensive policy that addresses all the problems at once. The announcement of comprehensive legislation does  lack of action in Congress. California is home to more than 2 million illegal immigrants. No state nationally representative surveys or provides an exact figure living undocumented. Immigration reform should focus on common sense initiatives that begin to address the practical problems of our immigration system. In order to solve the problems and issues of immigration, we must act to establish the principles of simple and efficient immigration reform can advance on many fronts at the same time focusing on common sense initiatives that begin to address the challenges practicalities of our immigration system.


 This reform  now in  place, is not the solution to help these people better now without a license and social security number in the state of California. The same idea has already been established and in Congress several times and came to nothing. What we need is to have a more practical solution faster and easier to understand, especially for people who is affecting . California is known  to have many responsibilities and many benefits, but you will not get a solution in this way if only looking for the limitations and gives no benefit. It is logical that many human beings living in this marginalized community should benefit equally.


the state of Oregon policy is a solution to California. Examples to follow, since the state does not care if a person lacks legal documents only have to become a person who physically resides in Oregon and is of age, of course, also be responsible for my fucking sight of this idea good start and a good example to follow. The existing policy implementation: the January 28, 2013, a bipartisan group of eight senators announced principles for comprehensive immigration reform (CIR).  The politicians are still trying to show off against each  other political party who has more power, they do not care about the lives of people. Mr. Zuskerberg, it is time to standup for the people that are helpless and weak and vuneralble in California . It is time to remove politicians from their positions if they are not protecting the human rights. I learned today, that, since we are paying the politicians in Washington their salaries with our money taking from our taxes. from now on  we  need to take them out of their positions or make them pay with  jail time for their responsibilities if these politicians keep playing with the lives of other human beings, such as undocumented immigrants in California, it is only fair.

Sources:



http://www.hrw.org/features/why-immigrant-stories-matter
http://www.hrw.org/features/why-immigrant-stories-matter
http://www.ppic.org/main/publication_show.asp?i=818


Sources: Pew Hispanic Center.  Department of Homeland Security. U.S. Census Bureau. "Unauthorized Immigration to the United States: A International Migration Review (Feb. 15, 2013). Jessica Zuckerman is a Research Associate in the Douglas


Sarah Allison Center for Foreign Policy Studies. James Jay Carafano, PhD,


Shelby Cullom Davis Institute for International Studies at The Heritage Foundation.


DAVID BROOKS The Easy Problem January 31, 2013 President Barack Obama, January 29, 2013


Michael Greenstone and Adam Looney of The Hamilton Project.
leginfo.legislature.ca.gov
Tips for Writing a Letter to Your Representative

People who think elected officials pay little or no attention to constituent mail are just plain wrong. Concise, thoughtful personal letters are one of the most effective ways Americans influence our lawmakers.


Find Your Representatives’ Mailing Addresses

State Assembly Members and Senators: http://findyourrep.legislature.ca.gov/
White House

http://technolog.msnbc.msn.com/

http://www.inthesetimes.com/article/2789/the_prairie_populist_byron_dorgan/

http://www.youtube.com/watch?v=YU0C31atidw&feature=related

What would happen if the Federal Reserve was shut down permanently? 
That is a question that CNBC asked recently, but unfortunately most Americans don't really think about the Fed much. Most Americans are content with believing that the Federal Reserve is just another stuffy government agency that sets our interest rates and that is watching out for the best interests of the American people. But that is not the case at all...
The truth is that the Federal Reserve is a private banking cartel that has been designed to systematically destroy the value of our currency, drain the wealth of the American public and enslave the federal government to perpetually expanding debt. During this election year, the economy is the number one issue that voters are concerned about. But instead of endlessly blaming both political parties, the truth is that most of the blame should be placed at the feet of the Federal Reserve. The Federal Reserve has more power over the performance of the U.S. economy than anyone else does. The Federal Reserve controls the money supply, the Federal Reserve sets the interest rates and the Federal Reserve hands out bailouts to the big banks that absolutely dwarf anything that Congress ever did. If the American people are ever going to learn what is really going on with our economy, then it is absolutely imperative that they get educated about the Federal Reserve.
The following are 10 things that every American should know about the Federal Reserve....
#1 The Federal Reserve System Is A Privately Owned Banking Cartel
The Federal Reserve is not a government agency.
The truth is that it is a privately owned central bank. It is owned by the banks that are members of the Federal Reserve system. We do not know how much of the system each bank owns, because that has never been disclosed to the American people.
The Federal Reserve openly admits that it is privately owned. When it was defending itself against a Bloomberg request for information under the Freedom of Information Act, the Federal Reserve stated unequivocally in court that it was "not an agency" of the federal government and therefore not subject to the Freedom of Information Act.
In fact, if you want to find out that the Federal Reserve system is owned by the member banks, all you have to do is go to the Federal Reserve website....
The twelve regional Federal Reserve Banks, which were established by Congress as the operating arms of the nation's central banking system, are organized much like private corporations--possibly leading to some confusion about "ownership." For example, the Reserve Banks issue shares of stock to member banks. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. The stock may not be sold, traded, or pledged as security for a loan; dividends are, by law, 6 percent per year.
Foreign governments and foreign banks do own significant ownership interests in the member banks that own the Federal Reserve system. So it would be accurate to say that the Federal Reserve is partially foreign-owned.
But until the exact ownership shares of the Federal Reserve are revealed, we will never know to what extent the Fed is foreign-owned.
#2 The Federal Reserve System Is A Perpetual Debt Machine
As long as the Federal Reserve System exists, U.S. government debt will continue to go up and up and up.
This runs contrary to the conventional wisdom that Democrats and Republicans would have us believe, but unfortunately it is true.
The way our system works, whenever more money is created more debt is created as well.
For example, whenever the U.S. government wants to spend more money than it takes in (which happens constantly), it has to go ask the Federal Reserve for it. The federal government gives U.S. Treasury bonds to the Federal Reserve, and the Federal Reserve gives the U.S. government "Federal Reserve Notes" in return.  Usually this is just done electronically.
So where does the Federal Reserve get the Federal Reserve Notes?
It just creates them out of thin air.
Wouldn't you like to be able to create money out of thin air?
Instead of issuing money directly, the U.S. government lets the Federal Reserve create it out of thin air and then the U.S. government borrows it.
Talk about stupid.
When this new debt is created, the amount of interest that the U.S. government will eventually pay on that debt is not also created.
So where will that money come from?
Well, eventually the U.S. government will have to go back to the Federal Reserve to get even more money to finance the ever expanding debt that it has gotten itself trapped into.
It is a debt spiral that is designed to go on perpetually.
You see, the reality is that the money supply is designed to constantly expand under the Federal Reserve system. That is why we have all become accustomed to thinking of inflation as "normal".
So what does the Federal Reserve do with the U.S. Treasury bonds that it gets from the U.S. government?
Well, it sells them off to others. There are lots of people out there that have made a ton of money by holding U.S. government debt.
In fiscal 2011, the U.S. government paid out 454 billion dollars just in interest on the national debt.
That is 454 billion dollars that was taken out of our pockets and put into the pockets of wealthy individuals and foreign governments around the globe.
The truth is that our current debt-based monetary system was designed by greedy bankers that wanted to make enormous profits by using the Federal Reserve as a tool to create money out of thin air and lend it to the U.S. government at interest.
And that plan is working quite well.
Most Americans today don't understand how any of this works, but many prominent Americans in the past did understand it.
For example, Thomas Edison was once quoted in the New York Times as saying the following....
That is to say, under the old way any time we wish to add to the national wealth we are compelled to add to the national debt.
Now, that is what Henry Ford wants to prevent. He thinks it is stupid, and so do I, that for the loan of $30,000,000 of their own money the people of the United States should be compelled to pay $66,000,000 — that is what it amounts to, with interest. People who will not turn a shovelful of dirt nor contribute a pound of material will collect more money from the United States than will the people who supply the material and do the work. That is the terrible thing about interest. In all our great bond issues the interest is always greater than the principal. All of the great public works cost more than twice the actual cost, on that account. Under the present system of doing business we simply add 120 to 150 per cent, to the stated cost.
But here is the point: If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good makes the bill good.
We should have listened to men like Edison and Ford.
But we didn't.
And so we pay the price.
On July 1, 1914 (a few months after the Fed was created) the U.S. national debt was 2.9 billion dollars.
Today, it is more than more than 5000 times larger.
Yes, the perpetual debt machine is working quite well, and most Americans do not even realize what is happening.
#3 The Federal Reserve Has Destroyed More Than 96% Of The Value Of The U.S. Dollar
Did you know that the U.S. dollar has lost 96.2 percent of its value since 1900? Of course almost all of that decline has happened since the Federal Reserve was created in 1913.
Because the money supply is designed to expand constantly, it is guaranteed that all of our dollars will constantly lose value.
Inflation is a "hidden tax" that continually robs us all of our wealth. The Federal Reserve always says that it is "committed" to controlling inflation, but that never seems to work out so well.
And current Federal Reserve Chairman Ben Bernanke says that it is actually a good thing to have a little bit of inflation. He plans to try to keep the inflation rate at about 2 percent in the coming years.
So what is so bad about 2 percent? That doesn't sound so bad, does it?
Well, just consider the following excerpt from a recent Forbes article....
The Federal Reserve Open Market Committee (FOMC) has made it official:  After its latest two day meeting, it announced its goal to devalue the dollar by 33% over the next 20 years. The debauch of the dollar will be even greater if the Fed exceeds its goal of a 2 percent per year increase in the price level.
#4 The Federal Reserve Can Bail Out Whoever It Wants To With No Accountability
The American people got so upset about the bailouts that Congress gave to the Wall Street banks and to the big automakers, but did you know that the biggest bailouts of all were given out by the Federal Reserve?
Thanks to a very limited audit of the Federal Reserve that Congress approved a while back, we learned that the Fed made trillions of dollars in secret bailout loans to the big Wall Street banks during the last financial crisis.  They even secretly loaned out hundreds of billions of dollars to foreign banks.
According to the results of the limited Fed audit mentioned above, a total of $16.1 trillion in secret loans were made by the Federal Reserve between December 1, 2007 and July 21, 2010.
The following is a list of loan recipients that was taken directly from page 131 of the audit report....
Citigroup - $2.513 trillion
Morgan Stanley - $2.041 trillion
Merrill Lynch - $1.949 trillion
Bank of America - $1.344 trillion
Barclays PLC - $868 billion
Bear Sterns - $853 billion
Goldman Sachs - $814 billion
Royal Bank of Scotland - $541 billion
JP Morgan Chase - $391 billion
Deutsche Bank - $354 billion
UBS - $287 billion
Credit Suisse - $262 billion
Lehman Brothers - $183 billion
Bank of Scotland - $181 billion
BNP Paribas - $175 billion
Wells Fargo - $159 billion
Dexia - $159 billion
Wachovia - $142 billion
Dresdner Bank - $135 billion
Societe Generale - $124 billion
"All Other Borrowers" - $2.639 trillion
So why haven't we heard more about this?
This is scandalous.
In addition, it turns out that the Fed paid enormous sums of money to the big Wall Street banks to help "administer" these nearly interest-free loans....
Not only did the Federal Reserve give 16.1 trillion dollars in nearly interest-free loans to the "too big to fail" banks, the Fed also paid them over 600 million dollars to help run the emergency lending program.  According to the GAO, the Federal Reserve shelled out an astounding $659.4 million in "fees" to the very financial institutions which caused the financial crisis in the first place.
Does reading that make you angry?
It should.
#5 The Federal Reserve Is Paying Banks Not To Lend Money
Did you know that the Federal Reserve is actually paying banks not to make loans?
It is true.
Section 128 of the Emergency Economic Stabilization Act of 2008 allows the Federal Reserve to pay interest on "excess reserves" that U.S. banks park at the Fed.
So the banks can just send their cash to the Fed and watch the money come rolling in risk-free.
So are many banks taking advantage of this?
You tell me.  Just check out the chart below. The amount of "excess reserves" parked at the Fed has gone from nearly nothing to about 1.5 trillion dollars since 2008....
But shouldn't the banks be lending the money to us so that we can start businesses and buy homes?
You would think that is how it is supposed to work.
Unfortunately, the Federal Reserve is not working for us.
The Federal Reserve is working for the big banks.
Sadly, most Americans have no idea what is going on.
Another example of this is the government debt carry trade.
Here is how it works.  The Federal Reserve lends gigantic piles of nearly interest-free cash to the big Wall Street banks, and in turn those banks use the money to buy up huge amounts of government debt. Since the return on government debt is higher, the banks are able to make large profits very easily and with very little risk.
This scam was also explained in a recent article in the Guardian....
Consider this: we pretend that banks are private businesses that should be allowed to run their own affairs. But they are the biggest scroungers of public money of our time. Banks are lent vast sums of money by central banks at near-zero interest. They lend that money to us or back to the government at higher rates and rake in the difference by the billion. They don't even have to make clever investments to make huge profits.
That is a pretty good little scam they have got going, wouldn't you say?
#6 The Federal Reserve Creates Artificial Economic Bubbles That Are Extremely Damaging
By allowing a centralized authority such as the Federal Reserve to dictate interest rates, it creates an environment where financial bubbles can be created very easily.
Over the past several decades, we have seen bubble after bubble. Most of these have been the result of the Federal Reserve keeping interest rates artificially low. If the free market had been setting interest rates all this time, things would have never gotten so far out of hand.
For example, the housing crash would have never been so horrific if the Federal Reserve had not created such ideal conditions for a housing bubble in the first place. But we allow the Fed to continue to make the same mistakes.
Right now, the Federal Reserve continues to set interest rates much, much lower than they should be. This is causing a tremendous misallocation of economic resources, and there will be massive consequences for that down the line.
#7 The Federal Reserve System Is Dominated By The Big Wall Street Banks
Even since it was created, the Federal Reserve system has been dominated by the big Wall Street banks.
The following is from a previous article that I did about the Fed....
The New York representative is the only permanent member of the Federal Open Market Committee, while other regional banks rotate in 2 and 3 year intervals. The former head of the New York Fed, Timothy Geithner, is now U.S. Treasury Secretary. The truth is that the Federal Reserve Bank of New York has always been the most important of the regional Fed banks by far, and in turn the Federal Reserve Bank of New York has always been dominated by Wall Street and the major New York banks.
#8 It Is Not An Accident That We Saw The Personal Income Tax And The Federal Reserve System Both Come Into Existence In 1913
On February 3rd, 1913 the 16th Amendment to the U.S. Constitution was ratified.  Later that year, the United States Revenue Act of 1913 imposed a personal income tax on the American people and we have had one ever since.
Without a personal income tax, it is hard to have a central bank. It takes a lot of money to finance all of the government debt that a central banking system creates.
It is no accident that the 16th Amendment was ratified in 1913 and the Federal Reserve system was also created in 1913.
They have a symbiotic relationship and they are designed to work together.
We could fill Congress with people that are committed to ending this oppressive system, but so far we have chosen not to do that.
So our children and our grandchildren will face a lifetime of debt slavery because of us.
I am sure they will be thankful for that.
#9 The Current Federal Reserve Chairman, Ben Bernanke, Has A Nightmarish Track Record Of Incompetence
The mainstream media portrays Federal Reserve Chairman Ben Bernanke as a brilliant economist, but is that really the case?
Let's go to the videotape.
The following is an extended excerpt from an article that I published previously....
----------
In 2005, Bernanke said that we shouldn't worry because housing prices had never declined on a nationwide basis before and he said that he believed that the U.S. would continue to experience close to "full employment"....
"We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don’t think it’s gonna drive the economy too far from its full employment path, though."
In 2005, Bernanke also said that he believed that derivatives were perfectly safe and posed no danger to financial markets....
"With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly."
In 2006, Bernanke said that housing prices would probably keep rising....
"Housing markets are cooling a bit. Our expectation is that the decline in activity or the slowing in activity will be moderate, that house prices will probably continue to rise."
In 2007, Bernanke insisted that there was not a problem with subprime mortgages....
"At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained. In particular, mortgages to prime borrowers and fixed-rate mortgages to all classes of borrowers continue to perform well, with low rates of delinquency."
In 2008, Bernanke said that a recession was not coming....
"The Federal Reserve is not currently forecasting a recession."
A few months before Fannie Mae and Freddie Mac collapsed, Bernanke insisted that they were totally secure....
"The GSEs are adequately capitalized. They are in no danger of failing."
For many more examples that demonstrate the absolutely nightmarish track record of Federal Reserve Chairman Ben Bernanke, please see the following articles....
But after being wrong over and over and over, Barack Obama still nominated Ben Bernanke for another term as Chairman of the Fed.
----------
#10 The Federal Reserve Has Become Way Too Powerful
The Federal Reserve is the most undemocratic institution in America.
The Federal Reserve has become so powerful that it is now known as "the fourth branch of government", but there are less checks and balances on the Fed than there are on the other three branches.
The Federal Reserve runs the U.S. economy but it is not accountable to the American people. We can't vote those that run the Fed out of office if we do not like what they do.
Yes, the president appoints those that run the Fed, but he also knows that if he does not tread lightly he won't get the money from the big Wall Street banks that he needs for his next election.
Thankfully, there are a few members of Congress that are complaining about how much power the Fed has. For example, Ron Paul once told MSNBC that he believes that the Federal Reserve is now actually more powerful than Congress.....
"The regulations should be on the Federal Reserve. We should have transparency of the Federal Reserve. They can create trillions of dollars to bail out their friends, and we don’t even have any transparency of this. They’re more powerful than the Congress."
As members of Congress such as Ron Paul have started to shed some light on the activities of the Federal Reserve, that has caused many in the mainstream media to come to the defense of the Fed.
For example, a recent CNBC article entitled "If The Federal Reserve Is Abolished, What Then?" makes it sound like there is absolutely no other rational alternative to having the Federal Reserve run our economy.
But this is not what our founders intended.
The founders did not intend for a private banking cartel to issue our money and set our interest rates for us.
According to Article I, Section 8 of the U.S. Constitution, the U.S. Congress has been given the responsibility to "coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures".
So why is the Federal Reserve doing it?
But the CNBC article mentioned above makes it sound like the sky would fall if control of the currency was handed back over to the American people.
At one point, the article asks the following question....
"How would the U.S. economy then function? Something has to take its place, right?"
No, the truth is that we don't need anyone to "manage" our economy.
The U.S. Treasury could be in charge of issuing our currency and the free market could set our interest rates.
We don't need to have a centrally-planned economy.
We aren't China.
And it goes against everything that our founders believed to be running up so much government debt.
For example, Thomas Jefferson once declared that if he could add just one more amendment to the U.S. Constitution it would be a ban on all government borrowing....
I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the federal government the power of borrowing.
Oh, how things would have been different if we had only listened to Thomas Jefferson.
Please share this article with as many people as you can. These are things that every American should know about the Federal Reserve, and we need to educate the American people about the Fed while there is still time.