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  • Bill Still on the debt “ceiling”

  • Ron Paul on unconstitutional “Super Congress” provision in debt bill

    Perhaps the most disturbing aspect of this deal is the “Super Congress” provision. This is nothing more than a way to disenfranchise the majority of Congress by denying them the chance for meaningful participation in the crucial areas of entitlement and tax reform. It cedes power to draft legislation to a special commission, hand-picked by the House and Senate leadership. The legislation produced by this commission will be fast-tracked, and Members will not have the opportunity to offer amendments. Approval of the recommendations of the “Super Congress” is tied to yet another debt ceiling increase. This guarantees that Members will face tremendous pressure to vote for whatever comes out of this commission– even if it includes tax increases. This provision is an excellent way to keep spending decisions out of the reach of members who are not on board with the leadership’s agenda.

  • White House announces debt ceiling will be raised, bankers rejoice

    In a last-minute turn of events, the US Government announced it will increase the debt “ceiling” for the 75th time since 1962.

    What makes this time special is that National Debt is now equivalent to GDP (~ $13 Trillion).  A 1:1 ratio may not mean anything other than being a nice even number (like on the odometer of your car) for us to come to our senses and stop this self-destructive debt money creation before it becomes hyperinflation. Problem is, hyperinflation is the only thing the bankers can do now to sustain their ponzi scheme we refer to as the dollar.  Inflation has predictable results, like concentrating wealth in the banks and devaluing everyone’s investments ( ie savings and retirement).  As Ron Paul says, inflation is a hidden tax which affects the poor and middle class most, in our case, paid directly to the international bankers of the Federal Reserve System.  Who wants to be a millionaire?

    Raising the debt ceiling this time is just one more step in a long process. They won’t default, they will just keep “printing” money until it becomes so worthless that everyone is forced to dump the dollar and adopt a new currency (Amero, SDR or what have you).  By this time there will be nothing to default on, and holders of dollar debt will have been robbed blind.  This is a manufactured Problem-Reaction-Solution dialectical mind trick marching us toward a world financial system and a perpetual state of financial depression; under a world government of, by, and for the banks.

    The sane course of action would be to stop the imperial wars and nationalize the Fed immediately, but corporate interests control our government and the cancer is everywhere.

    See you in the forced labor camp.

  • Banned commercial about debt

  • Debt and Self-Determination

    (GOPHouse.gov) July 20, 2011

    There is nothing inherently wrong with debt.  Consumers use it every day, and for the vast majority of us it would be impossible to own a home or buy a car without it. But how much debt you have, relative to who owns it and your ability to pay it back, is an important concern everyday around kitchen tables across Michigan. For a government of, for, and by the people, it should therefore be a concern for both our state and federal governments as well.  But considering that United States debt as a percentage of our gross domestic product is now approaching 100 percent, a number not seen here since the World War II era, the concerns of the American people are obviously not being heard.

    The power of the purse is another important consideration when looking at debt, as who controls the purse controls the power.  I have seen this firsthand as a state representative, with Michigan relying on roughly a third of its budget from federal funds and being subjected to a multitude of federal whims and attached strings that help support a Washington D.C. agenda that is often at odds with the true needs of Michigan taxpayers. As a strong advocate of the 10th Amendment and state powers, it is becoming increasingly difficult for Michigan to chart its own course.

    Compounding the problem however is that much of the money the federal government is “giving” us is money that it simply doesn’t have.  In its quest to insert itself into areas best left to the states, the amount of spending and debt have reached the point where the federal government is now putting its own sovereignty at stake by borrowing more and more from foreign sources.

    A December 2010 Congressional Budget Office report laid out the best measure of true public debt, which has been put at $9.74 trillion dollars (overall gross debt has been pegged at $14.3 trillion).  What we owe to foreign sources represents a staggering 46% of our public debt. China was reported as the top foreign debt owner, at $1.15 trillion dollars.  If who controls the purse controls the power, the federal government needs to wake up to the fact that getting our debt under control is not just a matter of fiscal importance but one of sovereignty and self-determination.

    I have sponsored HCR 06 here in Michigan to join with other states in an effort to compel the federal government to adopt a balanced budget amendment. Given the track record of Congress, we will not get one unless we demand it. But without one, the United States will be forced to sell more of its assets to other governments, pay tolls on our roads and infrastructure to foreign powers, and see more power ceded to those outside of our borders. Debt is a powerful tool when properly used, but the pendulum in the United States has swung too far and we are in jeopardy of becoming beholden to those who can hold an increasingly larger purse over our heads.

  • A99 OpESR Communication #2: Ctrl+Alt+Bernanke

  • Reinstate Glass-Steagall now

    This is one of the key steps toward fixing our fraudulent banking system. Since the 1930s, Glass-Steagall protected our savings and retirement accounts from being invested in speculative high-risk markets like sub-prime mortgages and derivatives.  When the Clinton Administration and the banker lobbyists got rid of it in the ’90s, that opened the gates of hell and now the fraudsters are multiplying their wealth out of control thru fractional lending and bailouts.

    This is an exciting opportunity for us to take back some control over our economy.  Please support this bill any way you can.

    Current List of Congressional Signers to HR1489 from LaRouche PAC

    May 16, 2011 • 12:46 PM

    **June 2nd Update: Two more senior members of the U.S. House, one a Republican and the other a Democrat signed on as cosponsors to reinstitute Glass-Steagall. Their addition brings the total to 13 cosponsors, plus Kaptur.

    **June 2nd Update: Two more senior members of the U.S. House of Representatives, one a Republican, Rep. Roscoe Bartlett (R-MD), and the other a Democrat, Rep. Danny Davis (D-IL), on May 31 signed on as cosponsors to Rep. Marcy Kaptur’s bill to reinstitute Glass-Steagall, H.R. 1489. Their addition brings the total to 13 cosponsors, plus Kaptur. A current list of all the co-sponsors is immediately below:

    Current Co-Sponsors:

    • Rep Slaughter, Louise McIntosh (D-NY)
    • Rep Towns, Edolphus (D-NY)
    • Jim McDermott (D-WASH)
    • Lynn Woolsey (D-CALIF)
    • Reps. James Moran (D-VA)
    • John Conyers (D-MICH)
    • Jesse Jackson Jr. (D-ILL)
    • Walter Jones (R-NC)
    • (init.) Marcy Kaptur (D – Ohio)
    • Maxine Waters (D-CA)
    • Marcia Fudge (D-OH)
    • Kurt Schrader (D-OR)
    • Roscoe Bartlett (R-MD)
    • Danny Davis (D-IL)

    Institutional Support:

    • January 2011 — The Louisiana State Board of the National Association of Realtors passed a resolution calling for the reinstatement of Glass-Steagall, and demanding that the National Association of Realtors do the same.
    • March 2011 — The National Farmers Union, at its March 13-15 National Convention in San Antonio, reaffirmed its spring 2010 call for the immediate reinstatement of Glass-Steagall.
    • May 2011 — The International Association of Machinists, one of the largest unions in America, put the reinstatement of Glass-Steagall, specifically H.R. 1489, as a priority for their legislative agenda.
    • May 9, 2011 — The Columbia Pacific Building Trades Council unanimously endorsed LPAC’s resolution for Glass-Steagall.
    • May 11, 2011 — The Northwest Oregon Labor Council unanimously endorsed LPAC’s resolution for Glass-Steagall.
    • May 12, 2011 — The Democratic Party of Multnomah County, Oregon–the country in which the state’s largest city, Portland, is located–passed a resolution calling for the immediate reinstatement of Glass-Steagall.

    Legislative Support:

    • June 2010: The Borough Council of Lansford, Pa. and the Council of Morgan Township both passed resolutions demanding their Congressmen re-enact Glass-Steagall.
    • September 2010: The Port Jervis, New York City Council passed LPAC’s resolution for Glass-Steagall.
    • Fall 2010: Mansfield Township, New Jersey passed LPAC’s resolution for Glass-Steagall.
    • May 24, 2011: The city council of Irvington, NJ passed a Glass-Steagall resolution.

    Resolutions Introduced:

    • February 11, 2011 — Kentucky State Senator Perry Clark (D) introduced a resolution calling on Congress to immediate reinstate Glass-Steagall.
    • March 17, 2011 — Missouri State Rep. Bert Atkins (D-St. Louis County) introduced HCR 49, a concurrent resolution calling for Congress to reinstate Glass-Steagall.
    • March 24, 2011 — Alabama Rep. Tom Jackson (D) introduced H.R. 190, a resolution urging Congress to reinstate Glass-Steagall.

    Editorial Support:

    • The Fairbanks, Alaska Daily News Miner, in June 2010.
    • The Bangor, Maine Bangor Daily News in June 2010.
    • The Pittsburgh Tribune-Review, the flagship paper of Richard Mellon-Scaife, on November 22, 2010.
  • Tim Osman

    Discussing Osama Bin Laden is beginning to feel like morbid celebrity gossip.  Unfortunately I overheard someone the other day saying Bin Laden was “just killed” in the raid and was obliged to point out there was no real evidence to support that.

    False Flag Terror is a powerful mind trick to get the public behind imperial wars they wouldn’t otherwise support. As long as people are willing to buy into it, we’ll have to continue to poke holes in the illusion or suffer the consequences of our apathy, in the form of masses of deluded, angry people devoting their misguided efforts to the Military Industrial Complex to fight a false enemy.

    White house situation room staged PR photo op

    They had to take their man Tim Osman out. Out of the freezer that is.

    Government, why don’t you please go back to being civil servants and focus on regaining control of the economy from the international bankers, instead of serving this imperial New World Order system that is going to end badly for all involved parties, including yourselves.

    But buying into your Bin Laden mythology for a minute… we got him. Now it’s time to pack up our fancy equipment and go home right? Cause we actually may need to deploy some of those troops on the border with Mexico to fend off rocket and machine gun attacks on police by drug cartels and the bought-off Mexican Military.