Part 2:

Last but not least, it is time to make obama and all of our elected officials obey the constitution that they swore to uphold and defend. Democrats and Republicans are both corrupt and DO NOT have the well being of our country in their best interest. They repeatedly DO NOT follow the constitution and pass unconstitutional bills/laws. The present and former presidents do think twice about signing these unconstitutional things into law. Allowing unconstitutional laws to come to life causes the degredation of our liberties and freedoms. Whether or not people want to admit it, our country is heading into a fascist police state led by a tyrannic BIG government. I have yet to see a mainstream media outlet report on the bills that just passed in the house and senate that open up the doorways for MANDATORY SERVICE to our country. This is real and almost signed into law. You, your friends, your children, and other family members could be FORCED to serve the country for a fixed period of time. This is not and never was the intention of our founding fathers–in fact this type of government is exactly what they opposed and separated from.

http://www.msnbc.msn.com/id/29834658/

Stephen Chernin / EPA file

The AIG building in New York City is shown. The troubled insurer spent the weekend taking down the sign over its Manhattan offices.

updated 1 hour, 4 minutes ago

NEW YORK - Workmen rolled up their sleeves at American International Group Inc this weekend to take down the most prominent sign at the downtown Manhattan offices of the embattled insurer that has become the scorn of America.

A spokesman said the company had decided to replace the large AIG sign — outside the entrance to its property-casualty offices — as part of its plan to change that operation’s name to AIU Holdings Ltd.

The move is designed to “distinguish these well-capitalized businesses from AIG,” said a second spokesman.

The signage is outside the company’s Water Street offices, around the corner from AIG’s Pine Street headquarters, which has long only been marked by an understated brass plaque inscribed “American International Building.”

AIG has said it may sell the headquarter building, as part of its drive to raise funds to repay its debt to the U.S. government.

The AIG name, once the proud moniker of the world’s largest insurer, has become tainted since large losses on mortgage bets necessitated a government bailout of $85 billion last September. Twice since more aid has been given to AIG, with the rescue now costing U.S. taxpayers up to $180 billion.

The AIG name has become even more tarnished in the past week, after a scandal erupted over bonuses to executives of a controversial financial products unit that caused much of the $100 billion in losses over the past year.

A rebranding to distance the giant insurer’s sprawling operations across 130 countries away from the AIG name are likely to continue.

“I think the AIG name is so thoroughly wounded and disgraced that we’re probably going to have to change it,” Liddy told a U.S. House of Representatives subcommittee last Wednesday.

What’s in a name?
AIG’s roots date back to China in 1919 but it has only carried the American International name since 1967, when the new company was incorporated to hold the shares of the group’s growing insurance operations.

Since AIG’s bailout last September, other of the company’s businesses have also rebranded, in most cases returning to earlier names.

A U.S. auto insurance unit, AIG Direct, for example, has changed its name back to 21st Century, the name it used until 2007 when AIG, already a majority owner, acquired 100 percent of the company.

In the case of AIU Holdings, the company said earlier this month that it was renaming its global property-casualty business ahead of plans to eventually spin off about 20 percent of this business in a public stock offering, and could sell off more over time.

Where is my voice?  Who is taking my concerns to the President of the United States and making it known that I’m 100% displeased with this decision?   No one.  The reason is because Congress doesn’t care what the people want.  Congress thinks that the average Joe is too stupid to know what is good for them, therefore, they vote legislation into law that we have no control or say over.  And we end up losing more and more of our tax dollars to stupid legislation.   Nevermind that members of Congress have the leisure of Air Force owned jets to fly all over the country at their own discretion, ie. Nancy Pelosi…all financed with our tax dollars.

I WANT MY TAX MONEY BACK!!!!

I want to be able to use my hard-earned money to use where I see fit.  I’m tired of financing major corporations that get bailouts because they can’t stay afloat!!!   Why should that be MY problem?   If I can’t pay my own mortgage, who’s going to bail me out?   And I already lost several thousands of dollars in my 401k this year, not to mention my company ISN’T matching our 401k this year because of the idiotic bailout plan that went into action.  The entire market is coming down because of this stupidity.   Or better yet, if I owned my own business and I wasn’t able to make a profit, would the government bail me out?  Nope.  And the reason is because my small business wouldn’t be lining Congressional pockets or doing them any favors.

For those of us who are hard-working tax payers who didn’t ask to bailout these corporations, we should have a voice.  We should have a say in where our money goes.  We shouldn’t have to put up with Congress (who’s not looking out for what’s best for the American People, but for a few corporations who may have scratched their  backs) making bad decisions that we will end up paying for.  Those elected officials have wronged us!

I am tired of sitting back and watching the IRS compound more and more taxes on the American people.  I get taxed on almost everything I do.  There’s tax for owning a home, owning a vehicle, taxes on food, gas, clothing, you get taxed on phone usage, flushing the toilet (which is a double tax because you’re taxed on what goes in your body, and then what comes out)!  I’m tired of taxes!!!    

But since we all have to pay taxes regardless of how I feel about it, here’s an idea…Why not be able to choose where my tax dollars go???    Much like the 401k plan works, you should be able to choose which programs you want to benefit from your tax dollars.  Give me the option of paying for state-funded prisoners to eat for free and use the internet and get law degrees while they’re serving their time.  Give me the option of spending my tax dollars helping out major corporations that would just get bought out by larger ones if they went down in flames.  Give me the option of funding highway cleanup crews.   Give me the option of funding other such nonsense which is running rampant in our country…and then I’ll be a much happier Citizen.

Until then, I WANT MY TAX DOLLARS BACK!!!

Anyway, I was just writing to let you know that I really don’t give a flying fuck about Veterans in this country. I mean, after all, I’m not one of them. No sirs! I was busy getting a college education at Harvard. Yup, I can sure relate to you middle class folks. I know how tough it can be for you sometimes. But for those of you who served in the military, I cannot relate. So, fuck you. I say it with a smile on my face. Seriously, just because you were injured, maimed, or had something else terrible happen to you during your service to this country doesn’t entitle you to anything. It especially does not entitle you to a second thought from me.
What? You didn’t see this coming? How in the hell not? Don’t you idiots remember one of my first military snubs? Oh c’mon, it was the night I took office for Christ’s sake! I was invited to the Medal Of Honor recipient innaugural ball. I was the first commander in chief in over 50 years to snub those lazy pricks. I heard a few of those guys had jumped on grenades to save the lives of their buddies. Sounds like another cheap sob story to me. So fuck ‘em!

That leads me to what I want to do now. This one is hilarious. I want Veterans to pay for their own medical care via their own private insurance. You see, I’m not really sure what the hell I’m doing in office. I’m winging it. I’ve gotten a whole slew of morons to think I’m the messiah, but truthfully, I have no idea what the hell’s going on. So, I figured I’d mix it up and say things like, “We can save money here by spending more money here.” People believe it, so why not? I’m worth a few million, not like I’ll be hurting if the economy tanks. So the plan is, if you get a leg cut off in the middle of a firefight or something (like I care), you just go see a doctor, pay a copay and they’ll let you be seen. See? Isn’t that nice? Just don’t forget to pay your ridiculous monthly premiums. I don’t know why they have those. I get my medical care for free. And everything else for the next for years. That only gives me enough time to save up around $2 Million dollars. What a rough life.

lol

To all my army dudes or whatever, I hope you don’t mind my plan. It’ll be better in the longrun. I really don’t know how, but the only way I can make AIG pay for it’s crimes (just kidding, I’d never hold the truly guilty people accountable) is by fucking you every which way I can! It is for the better, and you will thank me!

Oh yeah, how could I forget? Here’s a link to the article CNN wrote about me:

http://www.cnn.com/2009/POLITICS/03/10/veterans.health.insurance/index.html

And in case you’re feeling too lazy to click a link:

WASHINGTON (CNN) — Veterans Affairs Secretary Eric Shinseki confirmed Tuesday that the Obama administration is considering a controversial plan to make veterans pay for treatment of service-related injuries with private insurance.

Lawmakers say they’d reject a proposal to make veterans pay for treatment of war wounds with private insurance.

But the proposal would be “dead on arrival” if it’s sent to Congress, Sen. Patty Murray, D-Washington, said.

Murray used that blunt terminology when she told Shinseki that the idea would not be acceptable and would be rejected if formally proposed. Her remarks came during a hearing before the Senate Committee on Veterans Affairs about the 2010 budget.

No official proposal to create such a program has been announced publicly, but veterans groups wrote a pre-emptive letter last week to President Obama voicing their opposition to the idea after hearing the plan was under consideration.

The groups also cited an increase in “third-party collections” estimated in the 2010 budget proposal — something they said could be achieved only if the Veterans Administration started billing for service-related injuries.

Asked about the proposal, Shinseki said it was under “consideration.”

“A final decision hasn’t been made yet,” he said.

Currently, veterans’ private insurance is charged only when they receive health care from the VA for medical issues that are not related to service injuries, like getting the flu.

Charging for service-related injuries would violate “a sacred trust,” Veterans of Foreign Wars spokesman Joe Davis said. Davis said the move would risk private health care for veterans and their families by potentially maxing out benefits paying for costly war injury treatments.

Don’t Miss

• Vets object to billing private insurance for service injuries
• 12,000 U.S. troops out of Iraq by fall, military says

A second senator, North Carolina Republican Richard Burr, said he agreed that the idea should not go forward.

“I think you will give that up” as a revenue stream if it is included in this April’s budget, Burr said.

Murray said she’d already discussed her concerns with the secretary the previous week.

“I believe that veterans with service-connected injuries have already paid by putting their lives on the line,” Murray said in her remarks. “I don’t think we should nickel and dime them for their care.”

Eleven of the most prominent veterans organizations have been lobbying Congress to oppose the idea. In the letter sent last week to the president, the groups warned that the idea “is wholly unacceptable and a total abrogation of our government’s moral and legal responsibility to the men and women who have sacrificed so much.”

The groups included The American Legion, Disabled American Veterans, Military Order of the Purple Heart, Veterans of Foreign Wars of the United States, and Iraq and Afghanistan Veterans of America.

At the time, a White House spokesman would neither confirm nor deny the option was being considered.

Oh yeah….

Yes We Can! (screw as many of you sheep as we want)
Later morons!

b.

Right now, you and I are seeing the worst plundering of a nation’s wealth in the history of civilization – all led by the out of control Federal Reserve.

If you and I don’t act today, I’m afraid this crisis will end with the economic ruin of every man, woman and child in the United States.

Just think about the scope of the problem for a minute: The Fed pumps trillions of dollars in fiat currency into a system already overloaded by the massive amount of dollars committed to the economic bailouts in recent months.

This TOTALS:
More than the socialist New Deal…
More than the entire Iraq debacle…
More than the 1980’s savings and loan mess…
More than the Korean War…

COMBINED.

Where will it all end?

It’s time you and I put a stop to an out of control Federal Reserve. And Ron Paul has a bill before Congress to do just that.  That’s why it’s vital you fill out your personal “Audit the Fed” petition in support of Congressman Paul’s bill.

Today, $9.7 TRILLION in taxpayer dollars in bailouts and loans have been agreed to by Congress, the Bush and Obama Treasury Departments, and the Federal Reserve. Poll after poll shows the American people are fed up and are ready for fresh leadership to make their voices heard in Washington.

That means it’s a perfect time to unleash a revolution on the out of control Fed!

Please complete this petition urging your Congressman to cosponsor and a seek roll-call vote on Ron Paul’s Audit the Fed Bill — the first step toward ENDING THE FEDERAL RESERVE once and for all!

As I know (or hope) you’re aware, the Federal Reserve’s inner-workings are shrouded in secrecy, and their meetings are off-limits to the public.  Just recently, the Federal Reserve told Congress “NO WAY” when asked to account for TWO TRILLION DOLLARS in taxpayer-backed loans!

Well, why do you think they refused?

They know coming clean with Congress and the American people on how they doled out those two TRILLION dollars would result in an anti-Fed firestorm.

So can you imagine the impact of a full-scale audit?

You and I will finally be able to show the American people that the Federal Reserve System leads to:

*** Constant economic crises — the housing crisis and the resulting chaos is just one example of an economic bubble created by centrally-planned interest rates and money manipulation;

*** The destruction of the middle class – as fuel, food, housing, medical care and education costs soar, everyone who is NOT on the government dole is forced to make do with less as the value of their money slowly decreases;

*** Currency destruction — history shows us that riots, violence and full-scale police states can result when people finally realize fiat money isn’t worth the paper it’s printed on and REFUSE to accept it.

And unless you and I do end the madness in Washington, D.C., we may be closer than we’d like to think to learning that history lesson first hand — right here on the streets of our towns and cities.  That’s why your commitment to helping the Campaign for Liberty fight this battle is so vital.

Just a few months ago, there was no chance of passing any legislation like Ron Paul’s Audit-the-Fed Bill.  So I guess there has been one “CHANGE.”  But with the piling up of trillions of dollars in out of control “bailouts” of Wall Street and international bankers, even many politicians in Washington, D.C. want to show you they’re “being responsible”.

What better way for Congress to do this than by auditing the Federal Reserve to account for the trillions stolen from the U.S. taxpayers?

There will be many battles you and I must fight over the coming months to take back our country.  But this one is set to rage in Congress in just a few short weeks.  And, it’s a bill we CAN pass!

You see, after regulating, taxing, spending, borrowing and printing us into what looks like the worst recession in decades, establishment politicians and power brokers are assuring us they are working hard to “fix” our economic woes.

So they want to do something (anything) to show you they care.  That’s why Dr. Paul’s bill is positioned to move forward this year.

And since very few politicians understand the Federal Reserve System, they do not understand the threat this bill poses to the borrow-and-spend system they continually vote for.

Please visit this website to have a petition automatically generated and sent to your representative.

http://www.campaignforliberty.com/campaigns/auditthefed.php#1

“Pledging to take “the air out of golden parachutes,” President Obama
announced Wednesday that executives of companies receiving federal
bailout money will have their pay capped at $500,000 under a revised
financial compensation plan.”

Wow. Paving the way for a true socialist economy. While it’s understandable that the American public is pissed off about CEO pay and bonuses due to the bailout of these companies, who the hell is obama to cap pay in the private sector? Last time I checked, shareholders of these companies are supposed to vote on this kind of thing. So much for democracy. It doesn’t stop there… this just opened a door to cap the pay of other CEOs in the private sector who haven’t received bailout money. It will happen. Thanks to obama. How would you feel if you were the CEO of your own company and some ass hole who you don’t work for came along and told you to take a pay cut? The same guy who claims to care about the taxpayer is going to screw us every which way.

It’s a bit contradictory don’t you think? Just look at the Lilly Ledbetter Fair Pay Act. Don’t know what it is? Google it. It makes it easier for people to sue over pay bias. obama needs to keep his nose out of the private sector! Not only is this allowing more government intervention in private companies, but who is going to pay for all of the legal garbage? TAXPAYERS.

My good friend brought up a good point last night that most people don’t bother to think about… if obama knew what the hell he was doing, he’d be focusing on the economy as opposed to the private sector. Our country’s money is not backed by gold. It’s really not backed by anything. Need more money? PRINT MORE!

He’s also following clinton’s failed policy. You remember bill clinton right? He was the first black president. Bush was blamed for what clinton did to the housing market. Under clinton, anyone and everyone could buy a house, regardless of credit, regardless if they had money in the bank. It didn’t matter. Clinton wanted everyone to have a home. Wonderful!

So, lots and lots of broke people got into homes and what happens when someone who is broke can’t pay make mortgage payments? They forclose! Fortunately for clinton, this takes a few years to happen in large doses. Bush is sitting in office and the housing market nearly collapses. Millions of people who don’t pay attention to ANYTHING blame Bush, having absolutely no bloody clue that he didn’t cause it to happen. Clinton could have prevented 9/11 after the first WTC attack. But no, he just sat in his office getting blown by some dumbass. Americans conveniently forget about this one as well. Another clinton mess for Bush to clean up. And people have the nerve to bitch about Bush.

Next thing we know, some jerk-off is screaming “CHANGE CHANGE CHANGE” and he gets voted into office. For what? All talk. I can’t tell you how many people I’ve heard say, “I’m voting for him cuz I want to see someone black in power.” So much for educated voting.

Instead of change, now we have a new stimulus package in the works, and what’s among the writing on the wall? TAX BREAKS FOR NEW HOME BUYERS. Sound familiar? That’s right, let’s get MORE people to buy homes that can’t afford them! They’ll get a tax break that they’ll gladly piss away on an SUV or some other garbage they don’t need. $600, $700 a month for a car payment, $1,500, $2,000 for a mortgage payment…. After a couple years of struggling, pililing up credit card debt because their mortgage and car payments are so high they can’t buy food with money and they’ll go bankrupt, forclose, etc…. Anyone see a pattern here?

So much for change, obama. You’re doing the SAME shit clinton did.

I’d also like to know what you plan on doing with all of the prisoners from guantanamo bay. Bring ‘em all here? I find it ironic that you believe terrorists and people who have killed and would attempt to kill our own people have more rights than a innocent, unborn fetus. So more for a chance at life. Not only do you leave the door open for others to kill our people, you also support killing before birth. Is that what you call population control? Maybe you should PLAN something before telling everyone to just do it.

But wait, there’s more.

I’m a little curious about why you are leaving it up to each state to determine emissions standards. You do realize, I mean, after all, you give good speeches, that you’re going to make life more difficult for the auto industry. If each state has different standards, the auto makers have to build each car to a different standard. This slows production time. It increases production costs. Which in turn increases the overall price on every vehicle. People don’t want to buy cars when prices go up. The auto industry can’t sell as many cars…. Doesn’t take a rocket scientist to see where this one is going.

And speaking of where one is going…. Were you paying attention at all to where the hell you were going when you walked into the press room? And then you had the balls to get angry at the press for asking questions? That’s what the press does, ass hole. They ask questions.

I’d also like to know how the global poverty act has slipped under the noses of so many people. Maybe the voters chose to ignore it, like everything else when they voted for you. This country is already in debt. Handing over nearly $1 TRILLION to the U.N. (which is by far one of THE most useless organizations on earth) isn’t exactly smart economics. Where is this money going to come from? Oh that’s right… people like me who pay taxes. You make $400k a year, and you get everything for free, so it’s not like you have to worry about it. That’s ok, we’ll just print more money!

The media has a spotlight on you… that whole 100 days in office thing is a joke. You haven’t even been in office long enough to stink up the oval office chair and you have fucked up everything you’ve touched.

You know, I don’t even like rush limbaugh… but he’s got some good points. He wants obama to fail. The problem is that his failures are going to be passed on to someone else, just like clinton. However, I don’t recall clinton pissing and moaning about who his people can and can’t listen to. Might as well go straight to the source and tell the person speaking they aren’t allowed to speak… freedom of speech? Not so much anymore. obama policies WILL fail in the longrun, but they look pretty to people who ignore history and reality, so right NOW it’s the in thing to do. We’re a society of instant gratification. The sheep of this country are too impatient to let things work themselves out without constant government intervention.

You’d think someone so well-spoken would be intelligent enough to do some background checks on the people he hires. Tax evasion doesn’t exactly look so good on a resume. It’s human to make mistakes. Absolutely. But being Jesus Christ incarnate doesn’t exactly allow for that. If you want to act like you know what you’re talking about, you’d better show it. And obama has been unable to do so thus far.

Lastly, I’m thankful that I’m no longer in the Air Force. Clinton screwed the military, just as obama will. Blowing off the Medal of Honor recipients was his very first action as CiC to the military community. He was the first to snub them in 56 years. So much for showing your respect to those who have fought and died for YOU and this country. Egotistical prick.

I think it should be a requirement that anyone who runs for president has to have served at least 4 years in the military. Preferably enlisted, just so they have personal experience at the bottom of the shitpile that rolls down from the top.

This article just proves my point:

http://www.kvia.com/Global/story.asp?S=9786443&nav=menu193_2

He has no idea what the difference is between the DoE and the DoD. Idiot.

obama is not my president. I do not support personal agenda.

Instead of the company holding itself accountable for it’s financial problems, the are instead putting the burden on us employees.  They gave us a 3 day notice stating that we won’t be getting paid on Friday this week.  Just like every American, I have bills to pay and mouths to feed.  My creditors provide services to me with the agreement that I will pay them in return.  If I don’t pay them on time, they will be holding me accountable with late fees, phone calls, notices, etc.  I agree to provide services to my employer in exchange for timely compensation.  The part that bothers me is if my employer doesn’t pay me on time, there is no retribution whatsoever.  I can’t send them late fees or put a ding on their credit.  I cannot do anything.  I just sit here knowing that I gave them a bunch of time and in my position time equals money.  The kicker is that my employer is a subcontractor to another company, so my employer is getting paid for the work I have performed–but they are not passing that pay on to me.

Once again, it seems that the only people being held accountable for anything are the honest, hard-working, middle-class people who live within their means.  I would love to boycott my company, but I am stuck in a hard place because I am the breadwinner for my family.  If I walk off the job in protest, there are a hundred people waiting to take my job.  I have to eat their financial problems because the executives won’t hold themselves accountable.  I have to somehow continue to be motivated to work for this company despite the fact that I just gave them 80 hours of work for free.  And I also have to try and convince myself that my company isn’t on the verge of collapse–because e-mails like these almost always come before the real bad news.

Something smells fishy here.

I normally wouldn’t have a problem yielding to an emergency vehicle, but today I did.  You see, this unmarked law enforcement SUV turned off his lights after he passed the majority of the traffic.  The congested spot was going the speed limit and not slowing down traffic, but apparently this was too slow for the unmarked cop car.  The unmarked vehicle passed me and the others at a speed that was well over the speed limit.  A few miles later, the SUV was back in traffic and doing the speed limit–but with no flashing lights.  This left me even more confused until I realized what had happened over these short few miles–we crossed county lines and he is probably now in jurisdiction where he has to behave.  The bottom line is the cop used his flashing lights to get around traffic even though he had no legitimate need to do so.  This person is someone who feels they are above the law and are entitled to not only use emergency lights in an unofficial manner, but also to drive at speeds above the speed limit.  And because they are in a semi-unmarked cop car outside of their jurisdiction, they know there is pretty much a guarantee they will get away with it.  I am going to call this person, Officer Unaccountable.

What happened to folks being accountable for their actions?  Slowly over time, this cop morphed into the pile of garbage he is because folks didn’t hold him accountable for minute and trivial things.  It probably started with him speeding in his cop car, then morphed into him driving his cop car to his house 25 miles away (even though he is only supposed to drive it a maximum of 5 miles), then he was promoted and talked his way into an unmarked car, and soon realized that cars will yield to his emergency lights even if he just uses them for fun.  Today, it would take me hours to trace down what agency this vehicle belongs to and who I would need to contact to file a complaint.

This story has bearing on things locally and nationally.  Everyone is pissed off about big executives getting huge bonuses and making millions of dollars.  Being upset at them is ridiculous–you need to be upset at all the people that enabled them to get to this point.  An assembly line worker didn’t just walk into a CEO position one day and have money thrown at them.  These CEOs worked their way up the corporate ladder, and eventually were making ridiculous amounts of money.  Who enabled them?  The shareholders did.  In a normal corporation, there is a board of directors.  This board of directors is elected by the shareholders.  Shareholders who are pissed off about the executives should stop whining and begging for government intervention–and instead should use their shareholder voting rights to elect different leadership.  But oh no…Why would the shareholders ever hold themselves accountable for the idiots they have allowed to be in power?  I am going to call these folks Mr. and Mrs. Unaccountable Shareholder.

What about all the people and businesses asking for a bailout?  This is just getting ridiculous.  In a normal world, people are held accountable for their financial decisions.  When you sign the dotted line on a new mortgage, you agree to make payments as agreed upon in the loan contract.  You should have done your homework prior to signing this line and determined how much you could afford to borrow.  Instead, you have more idiots who went out and got a $250K adjustable rate mortgage on a house with an artificially inflated value. And when the interest rates went up, these folks came crying to the government for help.  The flood of homes in this situation caused housing values to drop back to where they should be and this made a perfect storm.  The folks, like me, who bought a reasonably priced home with a FIXED-RATE mortgage, have no worries–except about how they are going to be paying for the STUPIDITY of others.  Instead of holding the “stupids” accountable, the government is instead helping them pay for their mortgage and rewriting the contract loans for them.  Mr. and Mrs. Live Above Our Means are crying out claiming that the banks are to blame, yada yada yada bullshit.  I would love to hear them out, but the last time I checked–the banks were not holding guns to their heads, forcing them to sign the papers for the adjustable rate mortgage for their overpriced stupid house.

Now…what about the banks?  Have the banks done wrong?  Nope.  The banks have merely done what people have allowed them to do.  The entire banking mess stems from the passage of the Federal Reserve Act in 1913.  This act created a PRIVATE centralized banking system, with very little accountability and oversight.  Over a period of several decades, this private banking system has devalued the US dollar by creating massive amounts of money out of thin air.  They have done this through fractional lending and this practice ultimately ends with a collapse of the dollar.  Citizens of the USA need not cry about how the banks have ruined everything, but instead should cry out to the government to END the Federal Reserve banking system.  The US Government, not the banks, needs to be held accountable for the current fiasco.

Some things will never change though.  Things will remain the same as long as folks keep watching American Idol and believing that creating trillions of dollars of new currency to bail out our economy.  Officer Unaccountable, Mr. & Mrs. Unaccountable Shareholders, and Mr. & Mrs. Live Above Our Means will remain unaccountable and will continue to see themselves in the wrong light–instead of doing what is right and admitting they have done some wrong.

If you factor in inflation, the DOW is REALLY tanking out…

http://www.chartoftheday.com/20090227.htm?A

For some long-term perspective, today’s chart illustrates the Dow adjusted for inflation since 1925. There are several points of interest. For one, the inflation-adjusted Dow has gained a mere 55% since its 1929 peak and gained only 10% since its 1966 peak – not that impressive considering it took many decades to achieve those gains. It is also interesting to note that based on an inflation-adjusted Dow, the current bear market actually began in 1999 only to be interrupted briefly by a multi-trillion dollar credit bubble. That bubble has burst, of course, and the Dow now trades at a level not seen since 1995.

This just goes to show you that all of the “gains” on the stock market were really just inflation. The stocks weren’t worth more money…the dollar had less buying power. It took more of the same dollars to buy the same stock.

It is time to END THE FED and return to a GOLD STANDARD.

I hope you read and were able to take something away from the last post I wrote, titled “Sometimes Reality Sucks”. This article I am posting below will give you a better understanding of the Federal Reserve and the true state of our economy. It is time for Americans to stand up, demand sound money, and abolish the Federal Reserve all together. I cannot think of any reason now to argue in favor of a private central bank. Once you read this, you will understand why.

First of all, I don’t believe in pushing my opinions on people—and this is not an opinion. This is factual reality. Many Americans have no idea that the only way to end the economical mess is to abolish the fed and end the fractional banking practices (only print money that you have backed up in gold/silver). If only 1% of our country knew what was coming at them….and actually spoke up.

The new stimulus plan from the Federal Government is going to be near $800 Billion. Were you aware that the Fed and FDIC are also kicking in money…to the tune of $8 Trillion? This money will be created out of thin air. As Bloomberg reported on Monday,”$8 trillion is in lending programs and guarantees, almost all under the Fed and FDIC. Recipients’ names have not been disclosed.” (Source: Bloomberg News) Yes, you read that right—recipients haven’t been disclosed. This is the problem with having a private corporation in control of our money—they can hide things.

But it seems that most Americans are more interested in American Idol, Football and celebrity gossip..so when the **** hits the fan, it is going to hit like a category six hurricane folks. Please don’t be one of those caught off guard—educate yourself on what is really going on in our economy. This isn’t conspiracy theory–this is reality–research it. I use this scenario to put it into perspective: “We have a Category 6 Hurricane (larger than anything in recorded history) headed straight at us with 300MPH winds and a 60ft storm surge. Yet, nobody is evacuating and securing what they have; instead everyone is building new houses/stores/high-rises right on the beach–and doing this as fast as they can just before the hurricane hits.”

That scenario probably makes you ask: Why would people build houses/stores/high-rises on the beach if they knew the hurricane was imminent and will destroy them? The answer: The same reason why the government would pay off bad debt with loans backed by freshly created money (also with no backing) and further deflate the dollar before the recession turns into a depression.

The worst thing that can be done right now is to sit quietly and just ignore the problem. I encourage you to educate yourself on the real matter at hand and to spread the word to everyone you know. We need real economic policy change in Washington DC—which hasn’t happened since 1913. Until this change happens, things will only continue to get worse. Please write your congress people, blog about this, send my writings to people, call/e-mail your friends/family, and don’t let up—this is everyone’s future. We have elected people in high office to represent us, not to rule us. Let your voice be heard and let it be known that you will not stand for anything other than a complete economic makeover—not another “bailout” or “stimulus” plan.

“Power is made is by power being taken.” – John Mayer

With all of that said, here is an interesting article I copied and pasted from http://www.john-f-kennedy.net/thefederalreserve.htm. It is a bit lengthy, but it lays down a basic foundation of the Federal Reserve and how it works—something that should be taught in public schools.

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What is the Federal Reserve Bank (The Fed) and why do we have it?
by Greg Hobbs November 1, 1999

The FED is a central bank. Central banks are supposed to implement a country’s fiscal policies. They monitor commercial banks to ensure that they maintain sufficient assets, like cash, so as to remain solvent and stable. Central banks also do business, such as currency exchanges and gold transactions, with other central banks. In theory, a central bank should be good for a country, and they might be if it wasn’t for the fact that they are not owned or controlled by the government of the country they are serving. Private central banks, including our FED, operate not in the interest of the public good but for profit.

There have been three central banks in our nation’s history. The first two, while deceptive and fraudulent, pale in comparison to the scope and size of the fraud being perpetrated by our current FED. What they all have in common is an insidious practice known as “fractional banking.”

Fractional banking or fractional lending is the ability to create money from nothing, lend it to the government or someone else and charge interest to boot. The practice evolved before banks existed. Goldsmiths rented out space in their vaults to individuals and merchants for storage of their gold or silver. The goldsmiths gave these “depositors” a certificate that showed the amount of gold stored. These certificates were then used to conduct business.

In time the goldsmiths noticed that the gold in their vaults was rarely withdrawn. Small amounts would move in and out but the large majority never moved. Sensing a profit opportunity, the goldsmiths issued double receipts for the gold, in effect creating money (certificates) from nothing and then lending those certificates (creating debt) to depositors and charging them interest as well.

Since the certificates represented more gold than actually existed, the certificates were “fractionally” backed by gold. Eventually some of these vault operations were transformed into banks and the practice of fractional banking continued.

Keep that fractional banking concept in mind as we examine our first central bank, the First Bank of the United States (BUS). It was created, after bitter dissent in the Congress, in 1791 and chartered for 20 years. A scam not unlike the current FED, the BUS used its control of the currency to defraud the public and establish a legal form of usury.

This bank practiced fractional lending at a 10:1 rate, ten dollars of loans for each dollar they had on deposit. This misuse and abuse of their public charter continued for the entire 20 years of their existence. Public outrage over these abuses was such that the charter was not renewed and the bank ceased to exist in 1811.

The war of 1812 left the country in economic chaos, seen by bankers as another opportunity for easy profits. They influenced Congress to charter the second central bank, the Second Bank of the United States (SBUS), in 1816.

The SBUS was more expansive than the BUS. The SBUS sold franchises and literally doubled the number of banks in a short period of time. The country began to boom and move westward, which required money. Using fractional lending at the 10:1 rate, the central bank and their franchisees created the debt/money for the expansion.

Things boomed for a while, then the banks decided to shut off the debt/money, citing the need to control inflation. This action on the part of the SBUS caused bankruptcies and foreclosures. The banks then took control of the assets that were used as security against the loans.

Closely examine how the SBUS engineered this cycle of prosperity and depression. The central bank caused inflation by creating debt/money for loans and credit and making these funds readily available. The economy boomed. Then they used the inflation which they created as an excuse to shut off the loans/credit/money.

The resulting shortage of cash caused the economy to falter or slow dramatically and large numbers of business and personal bankruptcies resulted. The central bank then seized the assets used as security for the loans. The wealth created by the borrowers during the boom was then transferred to the central bank during the bust. And you always wondered how the big guys ended up with all the marbles.

Now, who do you think is responsible for all of the ups and downs in our economy over the last 85 years? Think about the depression of the late ’20s and all through the ’30s. The FED could have pumped lots of debt/money into the market to stimulate the economy and get the country back on track, but did they? No; in fact, they restricted the money supply quite severely. We all know the results that occurred from that action, don’t we?

Why would the FED do this? During that period asset values and stocks were at rock bottom prices. Who do you think was buying everything at 10 cents on the dollar? I believe that it is referred to as consolidating the wealth. How many times have they already done this in the last 85 years?

Do you think they will do it again?

Just as an aside at this point, look at today’s economy. Markets are declining. Why? Because the FED has been very liberal with its debt/credit/money. The market was hyper inflated. Who creates inflation? The FED. How does the FED deal with inflation? They restrict the debt/credit/money. What happens when they do that? The market collapses.

Several months back, after certain central banks said they would be selling large quantities of gold, the price of gold fell to a 25-year low of about $260 per ounce. The central banks then bought gold. After buying at the bottom, a group of 15 central banks announced that they would be restricting the amount of gold released into the market for the next five years. The price of gold went up $75.00 per ounce in just a few days. How many hundreds of billions of dollars did the central banks make with those two press releases?

Gold is generally considered to be a hedge against more severe economic conditions. Do you think that the private banking families that own the FED are buying or selling equities at this time? (Remember: buy low, sell high.) How much money do you think these FED owners have made since they restricted the money supply at the top of this last current cycle?

Alan Greenspan has said publicly on several occasions that he thinks the market is overvalued, or words to that effect. Just a hint that he will raise interest rates (restrict the money supply), and equity markets have a negative reaction. Governments and politicians do not rule central banks, central banks rule governments and politicians. President Andrew Jackson won the presidency in 1828 with the promise to end the national debt and eliminate the SBUS. During his second term President Jackson withdrew all government funds from the bank and on January 8, 1835, paid off the national debt. He is the only president in history to have this distinction. The charter of the SBUS expired in 1836.

Without a central bank to manipulate the supply of money, the United States experienced unprecedented growth for 60 or 70 years, and the resulting wealth was too much for bankers to endure. They had to get back into the game. So, in 1910 Senator Nelson Aldrich, then Chairman of the National Monetary Commission, in collusion with representatives of the European central banks, devised a plan to pressure and deceive Congress into enacting legislation that would covertly establish a private central bank.

This bank would assume control over the American economy by controlling the issuance of its money. After a huge public relations campaign, engineered by the foreign central banks, the Federal Reserve Act of 1913 was slipped through Congress during the Christmas recess, with many members of the Congress absent. President Woodrow Wilson, pressured by his political and financial backers, signed it on December 23, 1913.

The act created the Federal Reserve System, a name carefully selected and designed to deceive. “Federal” would lead one to believe that this is a government organization. “Reserve” would lead one to believe that the currency is being backed by gold and silver. “System” was used in lieu of the word “bank” so that one would not conclude that a new central bank had been created.

In reality, the act created a private, for profit, central banking corporation owned by a cartel of private banks. Who owns the FED? The Rothschilds of London and Berlin; Lazard Brothers of Paris; Israel Moses Seif of Italy; Kuhn, Loeb and Warburg of Germany; and the Lehman Brothers, Goldman, Sachs and the Rockefeller families of New York.

Did you know that the FED is the only for-profit corporation in America that is exempt from both federal and state taxes? The FED takes in about one trillion dollars per year tax free! The banking families listed above get all that money.

Almost everyone thinks that the money they pay in taxes goes to the US Treasury to pay for the expenses of the government. Do you want to know where your tax dollars really go? If you look at the back of any check made payable to the IRS you will see that it has been endorsed as “Pay Any F.R.B. Branch or Gen. Depository for Credit U.S. Treas. This is in Payment of U.S. Oblig.” Yes, that’s right, every dime you pay in income taxes is given to those private banking families, commonly known as the FED, tax free.

Like many of you, I had some difficulty with the concept of creating money from nothing. You may have heard the term “monetizing the debt,” which is kind of the same thing. As an example, if the US Government wants to borrow $1 million ó the government does borrow every dollar it spends ó they go to the FED to borrow the money. The FED calls the Treasury and says print 10,000 Federal Reserve Notes (FRN) in units of one hundred dollars.

The Treasury charges the FED 2.3 cents for each note, for a total of $230 for the 10,000 FRNs. The FED then lends the $1 million to the government at face value plus interest. To add insult to injury, the government has to create a bond for $1 million as security for the loan. And the rich get richer. The above was just an example, because in reality the FED does not even print the money; it’s just a computer entry in their accounting system. To put this on a more personal level, let’s use another example.

Today’s banks are members of the Federal Reserve Banking System. This membership makes it legal for them to create money from nothing and lend it to you. Today’s banks, like the goldsmiths of old, realize that only a small fraction of the money deposited in their banks is ever actually withdrawn in the form of cash. Only about 4 percent of all the money that exists is in the form of currency. The rest of it is simply a computer entry.

Let’s say you’re approved to borrow $10,000 to do some home improvements. You know that the bank didn’t actually take $10,000 from its pile of cash and put it into your pile? They simply went to their computer and input an entry of $10,000 into your account. They created, from thin air, a debt which you have to secure with an asset and repay with interest. The bank is allowed to create and lend as much debt as they want as long as they do not exceed the 10:1 ratio imposed by the FED.

It sort of puts a new slant on how you view your friendly bank, doesn’t it? How about those loan committees that scrutinize you with a microscope before approving the loan they created from thin air. What a hoot! They make it complex for a reason. They don’t want you to understand what they are doing. People fear what they do not understand. You are easier to delude and control when you are ignorant and afraid.

Now to put the frosting on this cake. When was the income tax created? If you guessed 1913, the same year that the FED was created, you get a gold star. Coincidence? What are the odds? If you are going to use the FED to create debt, who is going to repay that debt? The income tax was created to complete the illusion that real money had been lent and therefore real money had to be repaid. And you thought Houdini was good.

So, what can be done? My father taught me that you should always stand up for what is right, even if you have to stand up alone.

If “We the People” don’t take some action now, there may come a time when “We the People” are no more. You should write a letter or send an email to each of your elected representatives. Many of our elected representatives do not understand the FED. Once informed they will not be able to plead ignorance and remain silent.

Article 1, Section 8 of the US Constitution specifically says that Congress is the only body that can “coin money and regulate the value thereof.” The US Constitution has never been amended to allow anyone other than Congress to coin and regulate currency.

Ask your representative, in light of that information, how it is possible for the Federal Reserve Act of 1913, and the Federal Reserve Bank that it created, to be constitutional. Ask them why this private banking cartel is allowed to reap trillions of dollars in profits without paying taxes. Insist on an answer.

Thomas Jefferson said, “If the America people ever allow private banks to control the issuance of their currencies, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their prosperity until their children will wake up homeless on the continent their fathers conquered.”

Jefferson saw it coming 150 years ago. The question is, “Can you now see what is in store for us if we allow the FED to continue controlling our country?”

An economic recovery package would be great…but it seems everyone is missing the point…the only real economy recovery will come from a large deflation of everything that has been artificially inflated for years. This includes salaries, car prices, house values, stocks, bonds, real estate, businesses, sales, etc.

By “bailing out” failing companies with printed money (with no backing)…it is merely increasing the artificial inflation that is already at all time highs. It is making for a much bigger and harder crash–and it is coming, no doubt about it.

Here is the other part of it…during times of inflation, debt soars…because saving money is actually not wise. Saving money at any interest rate less than that of inflation means you are losing value on your money as time goes by. Spending it and getting in debt makes more sense in some sick crazy way.

When a rapid deflation is seen in the horizon, people tend to start saving all the money they can…because $1000 of today’s money after deflation will have the buying power of $100,000 of today’s money. Big corporate execs know this, especially the ones running the privately owned corporation known as The Federal Reserve. (Yes, it is private…look it up.) They are going to hoard up all the money they can before it all collapses–and they will be living like glorious kings for the rest of their lives.

People always seem to forget about how their grandparents and folks from several generations back talk about how they could go to a movie for a 6 cents….and a soda cost a penny. That was before inflation set in…and now the same things cost relatively 100x as much, but are essentially of the same value. 1 soda then = 1 soda today. So if you were able to take $1 of today’s money back to the early 1900s, you could buy 100 sodas. THIS is why the big execs are stuffing as much cash into their pockets as possible.

In a fixed money supply…aka…gold standard…inflation/deflation are kept in check. When everything rapidly deflates in our country (aka depression), you will not see the FED recall all the bogus money they issued to cause the initial inflation. An increase of money in a monetary supply causes inflation. A decrease in the supply causes deflation.
So now you are thinking “since our money supply isn’t being decreased, why would deflation occur?” Well it is simple…the money supply for 99% of the population has been decreased because the top 1% of crooked bankers and the Fed are hoarding almost all of it…and they are also charging interest on the money they have loaned out. It is like they are winning the board game of monopoly..where they have bankrupted everyone else and cashed out in style.

In a gold based economy, banks only loan out what their members have deposited–and this concept works out well. The banks charge interest on that loaned money, and in turn, that interest goes back to the depositors. In today’s economy, banks use their savings as collateral to secure loans…usually at the rate of 1:10. For every dollar in savings, they can get 10 dollars of loaned money from the Fed (who creates it out of thin air). They then take that loaned money, and use it as collateral to get more loans from the Fed (again, out of thin air). Over several years, the amount of money borrowed from the fed is mind boggling…the money supply is increased and has virtually nothing backing it…and before you know it…it all falls back to where it started. Yes, your mortgage from your neighborhood bank was not taken out of the savings accounts of your bank…it was created out of thin air. Again…read about it if you don’t believe it.

Just like mother earth…when any animal population gets overpopulated (creating more offspring than sufficient to replace themselves…aka inflation) it eventually gets some type of disease or plague…leaving only a few left behind to start the process all over again. If the animals had simply only produced enough to replace themselves…the population would never inflate…and there wouldn’t be these huge wave cycles.

If our government only produced enough paper money to equal what was stored in gold…well…you do the math.

It is time for a real revolution. It is time for a real change. Not 4 more years of the same thing that has been going on since the Federal Reserve system was created in the early 1900s. The only thing that will fix our economy is to let those people and businesses, that lived/operated above their means, fall on their asses and collapse. Goodbye GM, and Chrysler. Goodbye Bank of America and Wells Fargo. Goodbye Federal Reserve. You got greedy and stupid…time to hit rock bottom and start all over. Unfortunately everyone in America is going to pay for this–and they will continue paying for years and years unless true revolution is demanded. The sooner the better–and this is not a joke.

Abolish the Fed. Re-establish a gold standard. End the games and fiat economy–and go with something proved in history to work. The only way out of debt is to buck up, work your ass off, and pay it off. Merely printing more money (increasing national debt) to pay off the debt caused by artificial inflation and the American “have it now, pay later” mentality WILL NEVER WORK.

But then again…I am just a stupid 25-year-old white republican male crippled veteran without a degree in economics who owns a small business…how could I possibly see something so complex when millions, MILLIONS, of others (who voted for anything other than true revolutionary reform) couldn’t. Yes…I am referring to those who voted for Obama, McCain, and anyone other than Dr. Ron Paul. These folks aren’t stupid, or dumb. They have been misinformed and mislead by the government, media, and other external factors—and it is unfortunate. Humans are hardwired to naturally believe things that come from sources who appear to be more qualified than them.

Some day in the future, the name “Ron Paul” will be of importance to many people who blew him off last year. He has yet to be wrong on any of his predictions. And…you might want to read up on Thomas Jefferson and his philosophies. You cannot deny the points he makes–they are all fundamentally true.

“The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.” — Thomas Jefferson