Saturday, September 11, 2010

The Ten American Industries Which Will Never Recover

Here is the list of the ten jobs categories that will not recover based on 24/7 Wall St. research:

1. State and local government jobs.
2. Construction.
3. Installation, maintenance, and repair.
4. Automotive manufacturing.
5. Pharmaceuticals.
6. Big Telecom.
7. Newspapers.
8. Airline Employees.
9. Realtors.
10. Bank Tellers.

See article for details.

With or Without Federal 'Permission' by Michael Boldin

We have to agree with the core beliefs of the article's author :

  1. Rights are not “granted” to us by the government – they are ours by our very nature, by our birthright.
  2. ALL just political authority is derived from the people – and government exists solely with our consent!
  3. We the people of the several states created the federal government – not the other way around!
  4. The Tenth Amendment defines the total scope of federal power as being that which has been delegated by the people to the federal government in the Constitution – and nothing more.
  5. The People of each State have the sole and exclusive right and power to govern themselves in all areas not delegated to their government.
  6. A Government without limits IS A TYRANNY!
  7. When Congress enacts laws and regulations that are not made in Pursuance of the powers enumerated in the Constitution, the People are not bound to obey them.
These seven items – are what establish the proper role of government under the constitution. But sadly, an honest reading of the constitution as the founders and ratifiers gave it to us makes clear that MOST of what D.C. does today is NOT authorized by the constitution.

Wednesday, September 8, 2010

Are Governments Counterfeiting Gold Coins?

Is the Great Recession Just a Precursor to an Even Worse Downturn?

From the article by the Economic Policy Journal:
Rick Davis at Consumer Metrics is out with his latest numbers on the economy. They show no end in sight to the current leg of the downturn.
Our data strongly suggests that the consumer portion of this recession did not start out to be about housing or damaged consumer balance sheets. But it is now.

There probably hasn't been two separate recessions in three years, simply one that has evolved in significant ways. But if this really is a "double dip" recession, then our data indicates that the "Great Recession" of 2008 was merely the precursor, and not the main event. It is this current dip that we should be really concerned about; the current contraction in consumer demand is about structural changes in consumer behavior, whereas the "first dip" was about short term loss of consumer confidence.

The Persistence of Red-State Fascism by Anthony Gregory

From the article:
It is natural for libertarians to identify more with the side out of power. In a democratic system, those not wielding government force are, categorically, less guilty of crimes against individual liberty. Their rhetoric tends to be much better. An appeal to constitutionalism, founding principles or balanced budgets is much more often heard from those not at the reins of the state. It is music to libertarians’ ears, even when we know the song was ripped off and is being lip-synced.

The pattern has been this way for a long time. Under Clinton, the right condemned federal welfare, police abuses, internationalism in foreign policy, and almost all erosions of the constitutional limits on the central state. The 1990s right flirted with revisionist history and a radical rethinking of the post-New Deal government, helping libertarians to find at least some common ground. The Kosovo War, in particular, demonstrated that the leftist attachment to peace was an illusion and that perhaps as much headway could be made on war issues in conservative circles as could be made anywhere.

Then we had the Bush years. The conservative movement became almost completely enthralled with the very worst of what government is capable of: mass murder. The American right began to take on the character of a truly totalitarian movement. Calls for deporting dissenters, shutting down the press, nuking tens of millions of people, banning Islam and other such despotic proposals were heard all over talk radio. At the height of Bush’s power and prestige, it almost looked like liberty was doomed in America, thanks primarily to the same crowd that gave us Reagan, the Contract with America and the defeat of Al Gore. Lew Rockwell’s "The Reality of Red-State Fascism," as well as many other works by him and by others on this site and elsewhere, perfectly summed up the problem of the time.

Things have swung back somewhat. Conservatives now talk about the Founding Fathers again. They have put up a noble resistance to Obamacare, Cap and Trade and the rest of the administration’s truly terrible domestic schemes. Unfortunately, they fail to go all the way in condemning domestic socialism, but it is a start. Conservatives have even taken an interest in nullification and other radical doctrines of classical liberalism. At times, it seems like they are all that is standing between our imperfect state of freedom and the total socialization of America. Rightwingers are even becoming skeptical of "nation-building" in Afghanistan. Ann Coulter of all people has become a qualified dove, all the while Keith Olbermann, Rachel Maddow and the other leaders of progressivism have become fixated on demonizing the tea parties, hysterically prophesizing the rise of racist militias, and championing the national security state.

But, tragically, the rightwing is still locked into its post-9/11 mentality...

Tuesday, September 7, 2010

Behind the Wheel

From the article:
 
Catherine Austin Fitts is a graduate from the University of Pennsylvania (BA) and the Wharton School (MBA). At the Chinese University of Hong Kong she studied Mandarin. She served as a managing director and member of the board of the Wall Street investment bank Dillon, Read & Co, Inc. (now part of UBS). Later, she was Assistant Secretary of Housing and Federal Housing Commissioner at the U.S. Department of Housing and Urban Development (HUD) during the presidency of George Herbert Walker Bush. As such, she was responsible for the operations of the Federal Housing Administration (FHA), the largest mortgage insurance fund of the world.

After leaving the Bush Administration, Fitts founded The Hamilton Securities Group, Inc., an investment bank and financial software developer named after the first U.S. Secretary of Treasury, Alexander Hamilton. In 1996, she and her successful company became targets of a vicious, longlasting “qui tam lawsuit”, that resulted in the closing of Hamilton Securities.[1] Fitts was ultimately successful in Court of Claims litigation asserting that the government had no right to withhold monies owed to Hamilton.

In the years afterwards, Fitts spoke publicly about the degree of fraud endemic in the federal mortgage operations, trillions missing from government agencies and the connections to drug trafficking and “black budgets.”[2] Moreover, with her mentioned expertise, she was one of the first to warn of an approaching housing bubble. Her prediction that the ”strong dollar policy” would lead to a weakened federal credit is currently being proven correct.
The central banking-warfare investment model” is really a control model, through which a small group of people can control the most resources on the most profitable basis. Essentially what happens is: Central banks print money and then the military makes sure that other parties accept it and that the financial system continues to have liquidity. The question many people ask with regards to a fiat currency, which is a paper currency, is: Why would anybody take paper, which has no value? They take the paper, because it’s part of the enforcement and military supervision, if you will, of the network that is printing the money. The system has created a fantastically profitable way of controlling large populations and access to resources very cheaply.

Iraq: An End or an Escalation? By Ron Paul

Amid much fanfare last week, the last supposed "combat" troops left Iraq as the administration touted the beginning of the end of the Iraq War and a change in the role of the United States in that country. Considering the continued public frustration with the war effort, and with the growing laundry list of broken promises, this was merely another one of the administration’s operations in political maneuvering and semantics in order to convince an increasingly war-weary public that the Iraq War is at last ending. However, military officials confirm that we are committed to intervention in that country for years to come, and our operations have in fact, changed minimally, if really at all.

After eight long draining years, I have to wonder if our government even understands what it is to end a war anymore. The end of a war, to most people, means all the troops come home, out of harm’s way. It means we stop killing people and getting killed. It means we stop sending troops and armed personnel over and draining our treasury for military operations in that foreign land. But much like the infamous "mission accomplished" moment of the last administration, this "end" of the war also means none of those things.

50,000 US troops remain in Iraq, and they are still receiving combat pay. One soldier was killed in Basra just last Sunday, after the supposed end of combat operations, and the same day 5,000 men and women of the 3rd Armored Cavalry Regiment at Fort Hood were deployed to Iraq. Their mission will be anything but desk duty. Among other things they will accompany the Iraqi military on dangerous patrols, continue to be involved in the hunt for terrorists, and provide air support for the Iraqi military. They should be receiving combat pay, because they will be serving a combat role!

Of course the number of private contractors -- who perform many of the same roles as troops, but for a lot more money -- is expected to double. So this is a funny way of ending combat operations in Iraq. We are still meddling in their affairs and we are still putting our men and women in danger, and we are still spending money we don’t have. This looks more like an escalation than a draw-down to me!

The ongoing war in Iraq takes place against a backdrop of economic crisis at home, as fresh numbers indicate that our economic situation is as bad as ever, and getting worse! Our foreign policy is based on an illusion: that we are actually paying for it. What we are doing is borrowing and printing the money to maintain our presence overseas. Americans are seeing the cost of this irresponsible approach as our economic decline continues. Unemployed Americans have been questioning a policy that ships hundreds of billions of dollars overseas while their own communities crumble and their frustration is growing. An end to this type of foreign policy is way overdue.

A return to the traditional American foreign policy of active private engagement and non-interventionism is the only alternative that can restore our moral and fiscal health.

Record number in government anti-poverty programs

From the USA Today article, it states that:
Government anti-poverty programs that have grown to meet the needs of recession victims now serve a record one in six Americans and are continuing to expand.
More than 50 million Americans are on Medicaid, the federal-state program aimed principally at the poor, a survey of state data by USA TODAY shows. That's up at least 17% since the recession began in December 2007.

Gimme Back My Bullets

From the article:
Working through the backdoor, radical leftist groups, the administration, the EPA and Regulatory Czar Cass Sunstein are carefully designing regulations to control the use of lead in products. While we all recognize the dangers associated with the use of lead in some products there is a hidden agenda in this effort.
The real target in this effort maybe unlegislated gun control. Using environmental concerns as their launching pad several environmental groups are asking the EPA to ban bullets, lead shot and even fishing sinkers claiming they contaminate the environment.

Confessions of a Former Pharmaceutical Rep

youtube video