Nov 19, 2008 | 1:46 PM
Category:
News
I just applied for $1 million. It's easy. There's a 2 page application that has to be filled out.
Here's the link to get your cashIf you have any trouble filling it out I'm sure someone will be at the fed's customer service department to walk you through it.
Don't miss this unprecedented opportunity to cash in!
I applied to have them buy 100,000 shares of preferred stock in my company at $10.00 each. Seems reasonable to me. It's just a measly million bucks.
Nov 19, 2008 | 9:42 AM
Category:
News
From www.blacklistednews.com:
Original Source: CNBC
Given the speed at which the federal government is throwing money at
the financial crisis, the average taxpayer, never mind member of
Congress, might not be faulted for losing track.
CNBC, however, has been paying very close attention and keeping a
running tally of actual spending as well as the commitments involved.
Try $4.28 trillion dollars. That's $4,284,500,000,000 and more than
what was spent on WW II, if adjusted for inflation, based on our
computations from a variety of estimates and sources*.
Not only is it a astronomical amount of money, its' a complicated
cocktail of budgeted dollars, actual spending, guarantees, loans, swaps
and other market mechanisms by the Federal Reserve, the Treasury and
other offices of government taken over roughly the last year, based on
government data and news releases. Strictly speaking, not every cent is
a direct result of what's called the financial crisis, but it is
arguably related to it.
Some 68-percent of the sum falls under the Federal Reserve's
umbrella, while another 16 percent is the under the Troubled Asset
Relief Program, TARP, as defined under the Emergency Economic
Stabilization Act, signed into law in early October. (The TARP alone is
bigger than virtually any other US government endeavor dating back to
the Louisiana Purchase. See slideshow.)
Nov 17, 2008 | 10:36 AM
Category:
News
Old one went over the edge of the world again.
Nov 17, 2008 | 10:35 AM
Category:
News
Here's an interesting take on the coming auto maker bailout:
You can thank the unions for bilking their employers through extortion for this. It's what happens when you have people making $70,000 per year, plus every conceivable benefit including insurance with no co-pays, to insert an ashtray into a vehcile all day... and they're about to hold the entire country hostage for another huge welfare package.
**************
University of Michigan professor
Mark Perry
compares average salaries for Big Three auto workers with industry
peers and the market at large and asks pointedly: "Should U.S.
taxpayers really be providing billions of dollars to bailout companies
that compensate their workers 52.5% more than the market...54% more
than management and professional workers, 132% more than the average
manufacturing wage, and 157% more than the average compensation of all
American workers?"
Nov 12, 2008 | 11:00 AM
Category:
News
I knew it, I knew it, I knew it... time to cash out and buy gold.
The feds want to get their grubby mitts on our 401ks. I've been saying it for years. They just can't stand to let that much money sit around without trying to steal it from us.
Excerpt from the
original article:Democrats in the U.S. House have been conducting hearings on
proposals to confiscate workers' personal retirement accounts -
including 401(k)s and IRAs - and convert them to accounts managed by
the Social Security Administration. Triggered by the financial crisis
the past two months, the hearings reportedly were meant to stem losses
incurred by many workers and retirees whose 401(k) and IRA balances
have been shrinking rapidly.
The testimony of Teresa Ghilarducci, professor of economic policy
analysis at the New School for Social Research in New York, in hearings
Oct. 7 drew the most attention and criticism. Testifying for the House
Committee on Education and Labor, Ghilarducci proposed that the
government eliminate tax breaks for 401(k) and similar retirement
accounts, such as IRAs, and confiscate workers' retirement plan
accounts and convert them to universal Guaranteed Retirement Accounts
(GRAs) managed by the Social Security Administration.
Rep. George Miller, D-Calif., chairman of the House Committee on
Education and Labor, in prepared remarks for the hearing on "The Impact
of the Financial Crisis on Workers' Retirement Security," blamed Wall
Street for the financial crisis and said his committee will "strengthen
and protect Americans' 401(k)s, pensions, and other retirement plans"
and the "Democratic Congress will continue to conduct this much-needed
oversight on behalf of the American people."
Nov 11, 2008 | 12:48 PM
Category:
News
That's the only title I can come up with for this post. Absurd. Below is an excerpt from a news article that can be found
here"The Bailout": The US Administration is Financing its Own Indebtedness
Ironically, the Wall Street banks –which are the recipients of the
bailout money– are also the brokers and underwriters of the US public
debt. Although the banks hold only a portion of the public debt, they
transact and trade in US dollar denominated public debt instruments
Worldwide.
In a bitter twist, the banks are the recipients of a 700+ billion
dollar handout and at the same time they act as creditors of the US
government.
We are dealing with an absurd circular relationship: To finance the
bailout, Washington must borrow from the banks, which are the
recipients of the bailout.
The US administration is financing its own indebtedness.
Nov 9, 2008 | 4:03 PM
Category:
Sports
No he really did.
I've been an avid deer hunter for years. I've lost count of how many I've taken, but it's probably somewhere in the low teens.
In the past I've hunted mainly black powder but taken a few with modern
rifles too. This year I decided to step it up a notch and try archery.
I've been practicing with my bow off and on for a couple years. I've
hunted other things with it (got 2 squirrels believe it or not), but
this was the first season I screwed on the broadheads for deer.
Anyway, to the point. I've been hunting all weekend. I found a great
spot after a day or two of scouting (no I'm not telling you where!).
Tried a couple of different places, and finally settled on one. I know
where a big doe is bedding down and usually hangs out. So I'm up in the
stand when I see her pull in to her spot.
I decided to stalk. Not easy I realize, even with a rifle. But it was damp, and she was upwind, I thought, why not?
It took me probably 40 minutes to creep up just a couple hundred feet.
When I got there, she was gone; however a huge buck just walked up and
stared at, broadside.
FINALLY I got a PERFECT archery shot. So I drew back on him. He didn't
even move. Just looked at me like "well I suppose it's my time". This
thing was not 15-20 yards away. I can make this shot every time on the
range, in the kill zone for sure. I let the arrow fly.
I heard a very loud pop right near where he was standing, and he took off, WITHOUT my arrow.
I was devastated! I kept saying THERE IS NO WAY I MISSED THAT SHOT! So
I went in search of the arrow. Found it buried in mud. The only thing I
can think of is that it hit a tree branch and was deflected.
To add insult to injury, another buck had trotted past me when I was setting up my stand. He looked at me like, "Huh, got your hands full buddy... too bad, so sad".
So now.... I want to hear YOUR stories of the big one getting away. Might make me feel a bit better.
I WILL be back out every chance I get for the rest of the season - both
archery and firearms. Oh, and btw, take a kid hunting. Our oldest
daughter now LOVES it. I got her a lifetime hunt / fish / furharvest
(cheap since she's a registered Indian - actually free LOL) But
STILL....
OK enough, tell me your stories!
Nov 6, 2008 | 10:23 PM
Category:
News
The talking heads are all saying the age of big government is here to
stay. We supposedly now have a social contract, a new age of promise
where government regulation will tame the cycle of economic boom and
bust; protect the working class from the rich, and be fair to the
middle class at the same time.
Well I am so excited about this that I want to start it up in my own
neighborhood. I'm taking the concept of the neighborhood watch a step
further. I'm starting a hope for my neighborhood program. It'll be
modeled after our current system, but on a local level.
My house and yard will of course be the headquarters. First, I'm going
to set up a money printing press in my kids' playhouse in the back
yard. I'll print up tons of money, then offer to loan it out to anyone
who wants to borrow. It will be worthless paper of course, but everyone
will be forced to use it, so it'll all work out. When times get tough,
I'll just print more.
Next I'll outlaw weeds. If I catch anyone with weeds in his yard, I'll
burn them. If I find out that he has been ingesting them, or selling
them, I'll have on of my goon squads toss a flash bang grenade into his
house and kick the door in. Then I'll seize everything he owns, keep it
for myself, and lock him up in my shed.
After that I'll set up check points on my block. Every driver that
comes through will be forced to pull over and show ID. He will be asked
where he is going and why; and if there is any suspicion at all he's
had one beer he'll be shook down. If we find more than 2 beers on his
breath, he'll have to pay thousands of dollars into my legal machine to
stay out of jail.
Then I'll set up a system to confiscate the incomes of my neighbors.
We'll take a vote. Everyone will decide how much to take from everyone
else. Since there are more poor people on my block than rich, we'll
just vote to steal money from the rich. If the rich resist, my private
army will kick their doors in and seize everything they own.
In order to ensure everyone's safety, I'll outlaw anything dangerous in
people's homes. Since obesity is the #1 health threat on my block, I'm
going to tax junk food at 200%. And no candy bars for anyone under 21.
I'm going to monitor the entire block watching for other safety
violations as well. If I catch anyone mowing his lawn in flip-flops,
there will be a stiff penalty.
Also I'll set up a blue ribbon commission to make sure nobody is
subject to indecency. If a person chooses to gamble in his own home, or
God forbid hear a bad word or witness a sexual act, the unwashed offenders will be fined
and/or imprisoned. And if two people of the same gender form a
relationship, rest assured they'll be denied all rights that everyone
else receives.
Last but not least, if there is any dissent, I'll confiscate everyone's
weapons. Then I'll label anyone who objects as unpatriotic. I'll
recognize other neighborhood leaders who will report suspicious persons
directly to me. Those persons will have no rights under the law,
because they have already been labeled as suspects.
Nov 5, 2008 | 8:46 AM
Category:
News
As you all know I'm Libertarian, which means I really didn't care who
won last night in the presidential race. Now that we see Nobama is the
clear victor, I'd like to appeal to the part of the democratic ideology that agrees
with me.
It's a given that we'll have less economic freedom. The welfare state
will grow exponentially. I've accepted that. However I'm calling on the
Democrats to push their agenda of social freedoms. This means:
Holding Bush and his cronies accountable for their unconstitutional
detention of American citizens and depriving them of habeas corpus, the
right to a trial, and many other infringements (The gulag known as guantanamo bay for example)
Holding Bush and his cronies responsible for war crimes., e.g, waterboarding and other forms of torture
Holding the former regime accountable for spying on US citizens' private phone calls, financial records, and other effects.
Ending the war on drugs (ya right)
Full equal rights for same gender couples
Ending or severely curtailing our support for Israel, and the meddling
in other nations' affairs in general (including bringing our troops in
Iraq home)
And as a constitutional scholar, I am counting on Nobama to also
recognize and uphold the recent supreme court decision that ruled the
2nd Amendment is an individual right.
Now let's see if THEY deliver.
Nov 3, 2008 | 3:42 PM
Category:
Political
Not many people understand our monetary system. In fact I bet not 2
people in 100 randomly selected could give you any explanation of where
money comes from. Ask yourself this: how is money created? I know the
answer, but let's let you all do the research and see what conclusion
you come to.
Make no mistake about it: the current financial disaster has been
caused by two entities: The US government and the US Federal Reserve.
Now we're asking for more of both (well, maybe not, but we're definitely GETTING more of both).
Arguably one of the greatest economists of all time, Milton Friedman,
was noted for his strong support of abolishing the federal reserve.
Seems a few other notable figures in our history were against the concept of a central bank as well. (See
quotes below). There's a reason that the communist manifesto specifically calls for a central credit issuing entity (which is what the fed really is).
So what do you all think about the Federal Reserve? Or do you think about it at all? When you truly understand it, you'll probably realize that it is a system that places people at the
helm of a money machine that really have no idea at any given time
whether or not to print more money or burn it. It is inflationary by design, and subtly steals from us all.
I believe that banking institutions are more dangerous to our liberties
than standing armies. If the American people ever allow private banks to
control the issue of their currency, first by inflation, then by deflation, the
banks and corporations that will grow up around [the banks] will deprive the
people of all property until their children wake-up homeless on the continent
their fathers conquered. The issuing power should be taken from the banks and
restored to the people, to whom it properly belongs. -
Thomas Jefferson
"The paper-money system and its
natural associations--monopoly and exclusive privileges--have already struck
their roots too deep in the soil, and it will require all your efforts to check
its further growth and to eradicate the evil. The men who profit by the abuses
and desire to perpetuate them will continue to besiege the halls of legislation
in the General Government as well as in the States, and will seek by every
artifice to mislead and deceive the public servants. It is to yourselves that
you must look for safety and the means of guarding and perpetuating your free
institutions. In your hands is rightfully placed the sovereignty of the country,
and to you everyone placed in authority is ultimately responsible." - Andrew Jackson Farewell Address,
3/4/1837
Oct 30, 2008 | 11:07 AM
Category:
Political
Dear Fellow Business
Owners
As a business owner who employs 30
people, I have resigned myself to the fact
that Barack Obama will be our next president, and that
my taxes and fees will go up in a BIG
way.
To compensate for these increases, I
figure that the Customer will have to see an
increase in my fees to them of about 8-10%. I
will also have to lay off six of my employees. This really
bothered me as I believe we are family here
and didn't know how to choose who will have to
go. So, this is what I did.
I strolled thru
the parking lot and found eight Obama bumper
stickers on my employee’s cars. I have decided
these folks will be the first to be laid
off. I can't think of another fair way to
approach this problem. If you have a better
idea, let me know. I am sending this letter to
all business owners that I know.
Sincerely
Ward
JOOA Corp.
Oct 29, 2008 | 2:51 PM
Category:
Political
From time to time I see the statement that "we are a Christian Nation", or that we are "founded on Christian beliefs". Well first off, we're not a nation, we're a country. But we can deal with that in a separate post. Secondly, the masses were largely "unchurched" at the time of the American Revolution, but for arguments sake we'll limit the discussion to the founders.
As some of you may know, the declaration of independence was written by Thomas Jefferson. Aside from being one of my heroes, Jefferson was also a strong influence in our constitution and philosophy. I often use the term "Jeffersonian" in place of libertarian or conservative. At any rate, lets review a few quotes from Thomas regarding religion. He was arguably an atheist. There is no doubt he stood in firm opposition to theocracy.
***************
"Christianity neither is, nor ever was, a part of the common law"
"Say nothing of my religion. It is known to my god and myself alone"
"I am of a sect by myself, as far as I know"
"Ignorance is preferable to error; and he is less remote from the truth who believes nothing, than he who believes what is wrong"
"What all agree upon is probably right; what no two agree in most probably is wrong."
"And let us reflect
that, having banished from our land that religious intolerance under
which mankind so long bled and suffered, we have yet gained little if
we countenance a political intolerance as despotic, as wicked, and
capable of as bitter and bloody persecutions.... "
"Millions of
innocent men, women, and children, since the introduction of
Christianity, have been burnt, tortured, fined, and imprisoned; yet we
have not advanced one inch toward uniformity. What has been the effect
of coercion? To make one-half the world fools and the other half
hypocrites. To support roguery and error all over the earth."
"I never will,
by any word or act, bow to the shrine of intolerance, or admit a right
of inquiry into the religious opinions of others."
"In every country and in every age, the priest has been hostile to liberty"
Source: Jefferson Quotes
*****
Wow. A WALL OF SEPARATION BETWEEN CHURCH AND STATE. The Shrine of intolerance.Jefferson sounds like a flaming liberal by today's neo-con standards.
We'll examine another founding father shortly.
Oct 25, 2008 | 7:20 PM
Category:
Political
My prediction for the upcoming election is a re-election rate of 96% or more. Listening to people rant and rave, one would exect it to be much lower. Why is this?
A friend and polical colleague of mine sent me this summary. I won't reveal his identity, but to give him credit, his initials are TS. As you will see, the focus is on the race between Dennis Moore and Nick Jordan.
***********
First and foremost, they have tremendous advantages. For example, Moore gets a million a year in addition to has salary of 170k. So he this huge staff manning 3 offices. So, if you and I had the same, we would look pretty good also. Because regardless of how worthless a politician is in DC like Moore, those who man his 3 offices do help people in real ways. And most assume a good staffer who helps a voter is attributed to the incumbent. Moore has a few good staffers. And when help people, Moore gets their vote and the credit. Although Moore really did not squat to help these people.
Second, franking privileges allow the incumbents to send mail to those they represent for no cost. So, they are always in communication while in office. And some of is really thinly veiled campaigning.
Third, incumbents have huge war chests because special interests know that more than likely, that an incumbent should typically win re-election. For example, unions hate Moore but still contribute to buy his influence based on his high probability of retaining his congressional receipt.
Fourth, incumbents get a lot of media attention. Where challengers have to almost buy media attention by ads.
Fifth, after the election, most congressman just keep campaigning instead of doing much in Washington. For example, Moore flies home about every weekend and attends community events in the congressional district. So he gets plenty of voter face time. Whereas a candidate cannot afford to do the same because they do not get paid until elected.
Sixth, earmarks and pork get loyalty from those entities that get these handouts. High ranking officials in close congressional races hand out earmarks in bigger chunks to make a weak congressional incumbent look better during the election year. A new candidate has very little opportunity to bring home the bacon until elected. So entrenched govt. officials at state, county and local level tend to support the incumbent based on prior earmarks.
Seventh, in the 3rd, the GOP conservatives and moderates keep splitting the vote ensuring Moore retains the seat. Because moderate GOP will cross party lines whenever a conservative like Jordan is picked. And visa versa.
Eighth, an incumbent gets a lot of freebies from their respective parties at the local, county and state level including contributions and request their party vote for the incumbent.
Ninth, a new congressman has very little power for several years. So an experienced incumbent has the advantage of DC contacts as well as ranking on more important committees. So the better the committee, the more prestige and more money an incumbent gets from special interests. A candidate sits on no committees until elected. And generally, a new incumbent does not get appointed for several years to important committees.
Oct 24, 2008 | 8:10 PM
Category:
Political
Or is he?
The man who wants to "spread the wealth around" isn't too keen on the idea of spreading some of his own around.
This is not surprising of course. Socialists in both political parties love to give away other peoples' money, but seem to have a hard time parting with their own.
Obama's brother lives in povertyWhat's that old saying? Charity begins at home?
But I guess this isn't charity we're talking about. It's a robin hood government.
Oct 22, 2008 | 11:32 PM
Category:
Political
It's the title of one of my all time favorite songs by the Dead Kennedys. But what could it possibly mean in this day and age of post-punk rock enlightenment?
Well for starters let's say we the people have been relegated to peasant tenants in the country we were born to own. Do you really think you OWN anything? Do you really think you OWN your house? Do you think you OWN your own body? Well guess again, cause you DON'T. No, we've delegated that ownership to our illustrious leaders in the swampland known as the beltway.
You RENT your property from the government, you ASK PERMISSION to do things to your body and/or hope you don't get busted for it. Your children are compelled to attend state run indoctrination camps known as public schools.
We sold our birthright to the nanny state for a promise of security and comfort. Freedom require risk and sacrifice, and those are two things that just don't interest the the masses of sheeple that inhabit this planet. We sent a message loud and clear that we'd rather live on our knees than die on our feet.
At what point do we decide enough is enough? When will you people decide to get your balls out of the mason jar that the system has canned them in? Probably not as long as there is anything good on TV and the welfare money is flowing like the cheap beer you drink in the neighborhood bar.
Well guess what? Payback time is coming. The spineless warm bodies you gave your rights to on capitol hill (except Ron Paul) have sold your soul down the river.
Are we ready to lynch the landlord, or should we just head for the fridge to see if there is another bud light somewhere between the ham and mayo? It's time to lynch the landlord.
Those who would trade freedom for security deserve neither.