Check out this facebook page!

Check out this facebook page!

Krauthammer: Debt Is Going To Be "A Major Issue" In 2012

Krauthammer: Debt Is Going To Be "A Major Issue" In 2012

Sessions Responds To Biden: "Terror In The Hearts Of The Big Spenders"

Sessions Responds To Biden: "Terror In The Hearts Of The Big Spenders"

The Government’s Four-Decade Financial Experiment — The American Magazine

The Government’s Four-Decade Financial Experiment — The American Magazine

A picture is worth a thousand words

Pick up Sunday, July 24th 2011 Chicago Tribune and go to page 25 in the NATION & WORLD section. There you will find a photograph of two men with sad and I believe perplexed looks on their faces...expressions that are beyond words to explain the fatigue and emotional distress expressed on their faces and body postures.

Read the article by Peter Nicholas and Lisa Mascaro if you want; but I don't think it can add much more than the expressions on both mens' faces. On the left, House Speaker John Boehner and on the right President Obama.

I looked at this photograph and saw two different views of the United States' projected trajectory; one directed toward bigger government, more taxes and a larger deficit and one toward smaller government, less taxes and a smaller deficit. The perplexing part is that each man thinks he is correct in his views and that his views are what the American people want.

I say a prayer every night for the politicians, given the power by "the people" to make the prudent and correct decisions that will be the best ones for all the people of the United States of America.

Is there a double standard Gov. Quinn?

Is there a double standard Governor Quinn between sex offenders who are physicians and those who are attorneys? According to an article written by Tribune reporter Megan Twohey in Friday's July 22, 2011 Chicago Tribune...in the TRIBUNE WATCHDOG UPDATES section titled Sex offenders will lose their medical licenses there must be a double standard.

The article states that "Doctors and other health care workers convicted of sex crimes, forcible felonies or battery of a patient (client) will be stripped of their medical licences in Illinois under a sweeping new law." emphasis (client) added

"Gov. Pat Quinn signed the measure Thursday in response to a Tribune investigation that found predatory doctors, even those convicted of crimes, often faced little or no punishment from state regulators, said his spokeswoman, Brooke Anderson." No mention of weather the Tribune investigated the legal profession in regards to predatory attorneys convicted of crimes and weather or not they often faced little or no punishment from state regulators...I wonder why that was not mentioned; I wonder if the trial lawyers could have donated significantly more to the Governor's political campaign.

According to the article in the Chicago Tribune "The governor wants patients (why not attorney clients) to feel safe and to be safe," she said. (emphasis attorney clients) added  "After the things that were brought to light in the tribune, he supported the bill." I wonder if the governor feels the same way about attorneys that commit crimes. I wonder if the Tribune has the "guts" to do an in debt investigation of attorneys that commit crimes and if they ever even come to the light of day for investigation much less prosecution and loosing their law licenses. I think that would be an interesting study and one that would be fair and balanced....don't you? Go ahead and do it Chicago Tribune...I dare you...I double dare you!

U.S. becoming an oligarchy?

According to the U.S. Constitution, Article, IV, Section. 4; "The United States shall guarantee to every State in the Union a Republican Form of Government...".

According to the U.S. Constitution, Article. I., Section. 8., Paragraph 2., "The Congress shall have the power "To borrow Money on the credit of the United States,".

Nowhere in the Constitution does it give the authority to Congress to pass a bill giving the Executive Branch (the President) the authority to raise the debt ceiling. This is being proposed by a handful of legislators in the Congress (an oligarchy) in the hope that it will be approved by the Congress. It is the directed duty of Congress not the Executive to pass a bill to either increase, keep the same, or decrease the debt ceiling. They are mandated by the Constitution to do this; they cannot constitutionally pass this on to the President. The political theater must stop and the Congress, both Republicans, Democrats and Independents must meet their responsibilities and not posture for future elections. I believe that those who continue to play political theater wont be on the list of actors in the next Congress.

The World Bank

Following World War II two significant politico-economic entities, the U.S. and the U.K. created the World Bank. Concurrent with the war, business entities either had their businesses (mortar and bricks) bombed to hell or left Europe with all the liquid assets they could carry or somehow transport to safe havens for their assets. Leftists, comprised of resistance leaders, communists, anarchists and socialists filled the void left by the business, well financed elite that had left for safer locations. In order to prevent these leftist groups from taking power by the void left by the vacated business elites the U.S. and the U.K. devised a way to get these business classes back into power. The U.S. and U.K. had to create an international system to champion and grow capitalist policies.

Thus the reason for the creation of the World Bank; this bank focused on making loans to governments for the rebuilding of the infrastructure of various countries devastated by the war...those parts of the economy that primarily improved the financial aspect of the governmental sector. Those parts of the economy that improved the private sector were left to the private companies and taxpayers. After western Europe and Japan were somewhat rehabbed the World Bank focused some of its lending towards third world countries.

The IMF (International Monetary Fund) portion of the World Bank would lend money to countries that the U.S. and the U.K. would choose so that commerce, trade and balance of payments could be smoothed out more so that this policy would benefit all nations but especially the U.S. and England...self interest was at work here and this was not at all done for humanitarian reasons alone. The IMF and World Banks' underlying mission was to bring together all the financial elites of all the countries and form a capitalistic system. This was in essence a Keynesian "pump-priming" that would especially benefit the U.S. and the U.K..

By adjusting their policies the World Bank and IMF could push certain economic and political policies which suited them more than the other countries in the system. This set up a type of "colonial control system" that would selectively allow some corporations to repatriate (bring back) profits, balance countries (governments) budgets and other internal matters of sovereign countries. In reality is was a system of control by the U.S. and England over many of the countries in Europe; one might say it was an indirect was of "colonizing" these countries via economic control policy.

Note" Materials and data from 50 Years Is Enough, edited by Kevin Danaher.

The Bretton Woods Agreement

Following the end of World War II the allies where faced with the challenge of developing a postwar monetary system. In 1944 they meet in the Bretton Woods of New Hampshire. About two and one half years had gone into the planning of the postwar monetary  system that was to be used by the Treasuries of the U.K. and the U.S. and Forty four allied nations and neutral Argentina. A system was designed to legal binding obligations among these allied nations to form an international organization, the IMF, International Monetary Fund. Two rival plans were developed; one by the U.S. represented by Harry Dexter White and the other by the U.K. represented by John Maynard Keynes. Ultimately a compromise was agreed too that resembled the U.S. plan to a greater extent. In order to solve the monetary chaos that occurs during post and interwar periods their judgement was to form the Articles of Agreement of the IMF.

What emerged was the 'pegged rate' or also know as the 'adjustible peg' currency system which obligated members to declare a par value (a 'peg') for their national money and to intervene within maximum margins that were agreed upon.

They agreed on several items which resulted in what was the 'pegged rate' monetary regime which became known as the 'par value system'. They also agreed that if exchange rates did not float freely, countries would require adequate supplies of monetary reserves. If some countries could not supply this reserve a supplementary source would of these funds should be established. What eventually emerged was a system of subscriptions and quotas embedded in the IMF. The members of the IMF where then permitted to borrow monies in amounts regulated by the size of its quota.

Another point on which all the governments agreed upon was to end the economic warfare that occurred during the 1930s. A system of rule was created to ensure fairness in currency practices. The IMF was responsible to oversee these new rules of fairness governing currency transactions.

Most importantly they agreed that there was need for an institutional forum for international cooperation on monetary policy. The IMF in the postwar years did provide such a forum.

Putting all these agreements together essentially created and defined the Bretton Woods Agreement or System. The IMF which was at the center of this agreement was hoped to perform three important tasks:

1. Regulatory administration of the rules governing currency
2. Financial (supplying supplementary monies as needed)
3. Consultative (a forum for cooperation among governments)

All however did not go as smoothly and as optimistically hope for right after the end of the war and even to this very day. The United States eventually became the leading economic contributor and responsible entity to carry on the tasks of the IMF. The U.S. managed to keep an open market, to continue the flow of money and grants first through the Marshall Plan and eventually through the finally reopened New York market. Also the U.S. continued a lending policy for the provision of short term funds in times of crisis.

Though a multinational agreement in formal design quickly became the U.S.'s Bretton Woods Agreement and the U.S. dollar the exchange standard and to this day remains so. For a period of time during the "cold war" the U.S. welcomed this control and the world did not mind having a source of liquid capital as needed in crises or perceived crises. The system eventually broke down in the early 1970s for many reasons.

I will share more with you about the demise of the Bretton Woods Agreement in future blogs. Promise!

About Dr. Ron Paul

About Dr. Ron Paul

Who won the GOP debate? The audience thought Ron Paul did

Who won the GOP debate? The audience thought Ron Paul did

'Education is a basic civil right'...WHAT?

Gov. Pat Quinn just signed the education overhaul bill in an elementary school in Maywood. It takes effect immediately and largely has the support of unions and advocacy groups.

According to Senator Kimberly Lightford, D-Maywood, "this is not a bill to attack the teachers". She sponsored this bill. She goes on to state that "Education is a basic civil right." Here we go again with politicians making something a civil right when it is not. I guess if you say it enough people will believe you. Just to make sure I pulled out my copy of the U.S. Constitution and no where, I repeat no where is it stated that education is a basic civil right granted by it. So don't believe everything you read in the newspapers or everything a politician says...check it out for yourself.

Turkey after the Elections: Implications for U.S. foreign policy | The Heritage Foundation

Turkey after the Elections: Implications for U.S. foreign policy The Heritage Foundation

U.S. don't count on NATO in the future

Brussels, Friday, June 10, 2011 -- U.S. Secretary of Defense Robert Gates spoke at the Biblioteque Solvay regarding security and defense. According to an article by Associate Press reporters Desmond Butler and Robert Burns, the Secretary warned that the "NATO military alliance is at risk." His reasons, "penny-pinching and the distaste for front-line combat." Well isn't that just too bad after we have hauled their hind ends out of two world wars. According too the reporters the Secretary stated that the United States "won't carry the alliance as a charity case" anymore.

The only NATO country that agreed and with gusto was Britain; so much for the rest of our so-called allies. I guess now we know who we can count on in the future...not many.

Gates warned the Europeans of the distaste of Americans towards Europe's priorities. He warned "the blunt reality is that there will be dwindling appetite and patience in the U.S. Congress, and in the American body politic at large, to expend increasingly precious funds on behalf of nations that are unwilling to devote the necessary resources or make the necessary changes to be serious and capable partners in their own defense."

In essence I believe that Gates was telling the Europeans that they need to start "carrying their fair share" of the load that the U.S. has been doing for "six decades".  Well it is about time someone in a high position in the government told the European "users" the truth of the situation and that we are sick and tired of constantly bailing them out of situations they got themselves into.

Criminal complaint details birth-certificate 'forgery'

Criminal complaint details birth-certificate 'forgery'

Martin Anderson's Policy Memorandum No.1

ECONOMIC POLICY

by Martin Anderson

The Plan

(1) We must speed up economic growth to increase the take-home pay of workers and to provide more jobs.

• Reduce federal taxes
• Index federal income tax brackets
• Reduce and eliminate counterproductive federal government regulation of business, education, and the professions

(2) Federal spending must be controlled

• Reduce and eliminate waste and extravagance in federal spending
• Establish effective controls on federal spending
• Give the President line-item veto power over the budget
• Transfer certain federal programs, along with the tax resources that finance them, back to state and local governments

(3) Balance the federal budget

(4) Economic policy must be consistent, dependable, with no abrupt changes

(5) Propose an "Economic Bill of Rights"

• Section 1.Limit the amount the federal government can spend
• Section 2.Require the federal budget to be balanced
• Section 3.Prohibit the imposition of wage and price controls
• Section 4. Establish line-item veto power for the President
• Section 5. Require a two-thirds vote of Congress on all major spending bills

This plan should show positive results within at most one to two years.

Two U.S. Senators on the Intelligence Committee...beware of the Patriot Act

Two Democratic U.S. Senators, Mark Udall of Colorado and Ron Wyden of Oregon have gone of record as warning the citizens of the U.S. that if they knew how and to what extent the Patriot Act is being used they would be alarmed at how the Act might and can and in some instances undermines our civil liberties under the premise that the government is using it just to protect us from terrorism. The documents that explain how the Obama administration implements the Patriot Act are classified. The two senators above are privy to this information and without telling the details (which they cannot do so legally) at least warned us to beware.

I believe that the government is obtaining "bulk information" from a very large cross sections of this country's citizens that has nothing to do with spying or terrorism and using it to have an electronic file on each and everyone of us...maybe "big brother" is already hear. Things that start off innocently ofter lead to "ends" not justified by the Constitution or the Bill of Rights. Beware of those who never loose an opportunity to use an "emergency" to further aggrandise power and centrally locate it in the Federal Government...big government leads to more control of the people and less control of the people who should be in control of their Government.

WallBuilders - Issues and Articles - The Separation of Church and State

WallBuilders - Issues and Articles - The Separation of Church and State

Defunding abortuaries not OK with feds (OneNewsNow.com)

Defunding abortuaries not OK with feds (OneNewsNow.com)

Pres. Obama...abusing War Powers Resolution?

According to U.S. Code, Title 50, Chapter 33, S 1541:

Purpose and policy

(a) Congressional declaration
It is the purpose of this chapter to fulfill the intent of the framers of the Constitution of the United States and insure that the collective judgement of both the Congress and the President will apply to the introduction of United States Armed Forces into hostilities, or into situations where imminent involvement in hostilities is clearly indicated by the circumstances, and to the continued use of such forces in such situations.

(b) Congressional legislative power under necessary and proper clause
Under article I, section 8, of the Constitution, it is specifically provided that the Congress shall have the power to make all laws necessary and proper for carrying into execution, not only its own powers but also all other powers vested by the Constitution in the Government of the United States, or in any department or officer hereof.

(c) Presidential executive power as Commander-in-Chief; limitation
The constitutional powers of the President as Commander-in-Chief to introduce United States Armed Forces into hostilities, or into situations where imminent involvement in hostilities is clearly indicated by the circumstances, are exercised only pursuant to

1. a declaration of war,
2. specific statutory authorization, or
3. a national emergency created by attack upon the United States, its territories or possessions, or its armed forces.

According to Senator Richard Lugar who was the former chairman of and is currently the ranking Republican on the Foreign Relations Committee in a letter to Pres. Obama dated May 23; he contends that Obama's commitments to consult with Congress and act "consistent with" the War Powers Resolution  "have not been fulfilled." Since that letter the President has been stonewalling the Congress. Since the President is not fulfilling the requirements of the WPR the Congress should take further legal action in forcing him to meet his constitutional obligations or suffer the consequences thereof.