Showing posts with label federal reserve. Show all posts
Showing posts with label federal reserve. Show all posts

Friday, October 03, 2008

The Bail-Out of Wall Street Will Not Bail-Out Main Street!

The claims by Bernanke (Fed) and Paulson (Treasury) that the best way to open-up the credit markets is to recapitalize financial institutions through buying-up their toxic waste has absolutely no basis in fact.

This method of recapitalization is a total rip-off of Americans ... pure and simple! All this plan does is to provide a massive bail-out of the common and preferred shareholders and unsecured creditors of banks and other financial institutions and will do very little to open credit markets. Because at the end of the day, even assuming that all of the toxic waste has been snapped-up by your tax dollars, a large number of banks will still remain under capitalized, as they have been since 2007.

Also, it does nothing to resolve the severe stress in money markets and interbank markets which are now on the edge of a systematic meltdown. It does little to resolve the debt burden of millions of distressed homeowners, and the cost of borrowing $700billion to Americans will go right through the roof.

Paulson's Plan is a total and unmitigated disgrace. If its intent was to Bail-Out Main Street instead of the gypsies, tramps and thieves on Wall Street, then why have we not seen simple, yet cost-effective strategies, such as;

  • public injection of preferred shares into distressed financial institutions.
  • the mandated matching of capital by current shareholders to ensure that shareholders take the first loss. Why should non-investors be on the hook for reckless behaviour. They haven't speculated nor invested money so why should they now have to cover investor losses. Doesn't sound like a free market economy to me.
  • suspension of all dividend payments.
  • conversion of some of the unsecured debt into equity via a debt for equity swap.

In this way shareholders and creditors are forced to contribute to the recapitalization of affected financial institutions, and now, the $700billion bailout becomes a $350billion taxpayer bailout with only 50% used to buy toxic assets with the other 50% taking the form of public capital injection.

It is absolutely pathetic that the only financial strategy which Congress is looking at is Paulson's and Bernanke's Plan. Unless both are the world's foremost financial minds, Congress should also be seeking the advice of world-class economists and financial experts on behalf of the American people, to evaluate alternative plans which could possibly be more efficient and less costly in resolving this huge crisis.

In my opinion, the bottom-line on the bail-out package, as it currently stands, will privilege the gains and socialize the losses!

Wednesday, February 27, 2008

The Federal Reserve is neither Federal nor a Reserve! It is one of the Greatest Scams of Alltime!

Episode 10: Some Fed Facts!


  • In 1992 taxpayers paid the Fed banking system $296 billion in interest on money which the Fed created out of "thin air" with no hard assets such as gold, silver or other precious metals to back it up. Nice scam!
  • 54% of personal federal income taxes goes to pay this interest. 54% less money to directly benefit American citizens.
  • The Fed's books are not open to the public. Why not?
  • Congress and the IRS do not have access to the financial records of the Fed. Why does the IRS have the right to know everything about you?
  • Congressman Wright Patman was Chairman of the House of Representatives Committee on Banking and Currency for 40 years. For 20 of those years he introduced legislation to repeal the Federal Reserve Banking Act of 1913. The Act still stands today. Why???
  • Congressman Henry Gonzales introduces legislation to repeal the Federal Reserve Banking Act of 1913 nearly every year. It's always defeated. Why????
  • The Fed is illegal as per Article 1, Section 8 of the United States Constitution. Why does Congress refuse to acknowledge that fact?
  • The 16th Ammendment, giving Congress the right to tax you to death, was also enacted in 1913 within months of the Fed's inception. Yet not a single solitary state has ever legally ratified the 16th Ammendment. So just how legal is personal income tax?
  • The profit of the Fed is not taxed. So why are you taxed?
  • Section 7 of the Federal Reserve Act, passed December 23, 1913 states that much of the profit of the Fed must flow back into the U.S. Treasury. Remember my post on the Unholy 7 meeting at Jekyll Island where some members were upset that too much power was being given to the government and Paul Warburg said; Fuggedahboudit ... lets get the Fed Act passed first and then we'll fix it later to our own liking? Well they did!! In 1959 new legislation was passed to allow the Fed to divert profits to private commercial banks substantially cutting profit flowing to the Treasury. Why did Congress allow this legislation to pass? How many government officials became rich on that two-step?
  • The Federal Reserve Banks work on a 10% reserve requirement. For example;
  • (1) Let's say the Fed creates $1,000,000 in "Fiat Money" (currency that has no assets whatsover to back it up), except the blessing of Congress, and distributes it to banks.
  • (2) The bank "holds" 10% ($1000,000) in reserve as operating capital and then loans the rest out, lets say for the purposes of easy math, at a 10% interest rate.
  • (3) The bank then earns $90,000 in interest payments and now also has the $900,000 which it originally loaned. Remember that you are paying interest on money that was created out of thin air, with no hard asset backing, and at absolutely no cost to the Fed except for the paper and ink.
  • (4) The bank now deposits the $900,000, retains 10% ($90,000) as operating capital and loans $810,000 at 10% interest.
  • (5) After just 2 cycles the bank has $190,000 in operating reserves and has earned $171,000 in interest on money that was created out of thin air. Even David Copperfield would be unable to do this.
  • Inflation used to be about 1% every 10 years before there was a Federal Reserve System. After the creation of the Fed in 1913 inflation has skyrocketed to 1,779%
  • The Congress will not allow an individual citizen to do what it allows the Fed to do. That is to create illegal U.S. money out of thin air, force people to use it, and pay interest to the Federal Reserve by charging you income tax.
  • In 1992 Americans paid $296 billion in interest on government debt which is owned by the Fed.
  • In 2006 Americans paid over $352 billion in interest on government debt which is owned by the Fed.
  • How many trillions of dollars in total have Americans paid in interest on government debt to the Fed just between the years of 1992 to 2006 alone? How about between the years 1913 and 2008? Now that's heavy duty inflation ... a 1,779% increase in inflation over the 95 years between 1913 and 2008 now seems quite logical.

Friday, February 22, 2008

Race for the White House: Who's giving Money to Who!

There's a fabulous web site that is definately worth visiting - http://www.opensecrets.org

It's the web site of the Center for Responsive Politics. There you will find complete campaign finance reports for the presidential candidates. I was fascinated to find out who's contributing to whom, what the candidates are spending and where, who the heavy hitters are, etc.

I was surprised to learn that the Lobbyists overwhelmingly love Hillary, contributing $764,142 to her campaign while donating only $87,108 to Obama, $422,276 to McCain and a whopping $300 to Ron Paul ... was it something that Ron said?

The Lawyers and law firms are Billary's single biggest fans ponying up a mere $12,452,460 to get her nominated. Obama received $9,732,282 ... boy those lawyers have bucks to toss around. McCain received $2,557,661 and then they sent Ron Paul $237,275... I guess at this point they simply ran out of bucks!

Here's what really sticks out like a sore thumb. The lobbyists, lawyers, commercial banks, hedge funds, real estate, and the securities and investments sectors are really dumping on Ron Paul, the man who has promised to uphold the Constitution of the United States by shutting down and abolishing the Federal Reserve.

When the big boys try to make Ron Paul irrelevant, perhaps the alarm bells should go off, and America would be served well by taking a close look at what Ron Paul stands for.

Thursday, February 21, 2008

The Federal Reserve is neither Federal nor a Reserve! It is one of the Greatest Scams of Alltime!

Episode 7: How the Fed Works

The Federal Reserve System, although it makes itself to appear as though it's a government operation of some kind, is in reality a cartel of privately owned banks who are protected by law, and who are in Partnership with the Government.

Here's how it works! Everything starts with the government side of the partnership. As we know all too well, government always spends more money than it has, hence they're perpetualy living in an ever-increasing deficit world.

Let's say that Congress, in its always questionable wisdom, has decided that it needs an extra billion dollars to spend on something or another. So they walk down the street to the Treasury and ask for the money. The Treasury says, "no can do boys, the cupboard is bare." Oh no ... what to do?

So then the Congress and the Treasury walk further down the street to the printing office and run-off a stack of certificates that say either "U.S. Government Bond" or "Note" or "Bill" depending on what the maturity date is going to be.

Then they offer these certificates to the private sector hoping that people will buy them, in effect loaning the government the money that it needs.

Investment advisors will then tell you that these certificates are the most sound investment that you can make because they are "backed by the full faith and credit of the U.S. Government." Uhhuh .... the same government which didn't have the money in the first place and is floating in a sea of seriously mounting debts.

Full faith and credit of the U.S. government means that the government swears on a stack of Bibles that you will get your money back with the promised rate of interest even if they have to tax you to death to raise the money.

All of the certificates have been sold but the government still needs more money. So they now walk past the printing office to the Federal Reserve building, where an officer of the Fed pulls out a checkbook and writes a check to the U.S. Treasury for a billion dollars with no questions asked.

Question ... where did the Fed get the billion doillars to give to the Treasury when in fact there is NO MONEY in the account at the Federal Reserve and technically there isn't even a Federal Reserve account?

The answer is simple. The billion dollars "is created" the instant that the officer at the Fed signs the check. It's called "monetizing the debt."

The government is a willing partner in this SCAM because they can get instant access to any amount of money, at any time, from the bankers without having to go to you as the taxpayer. Without this "shell game" known as the Fed, the government would have to go to you directly for funds through increased taxation every single time they needed money (we'll expand on that later). That would most certainly upset you and if there is one thing that the dunces in Washington know is that you do not purposely upset voters.

Now the Treasury takes the billion dollar check which was created out of thin air, with no reserves to back it, and money which did not exist anywhere in the entire solar system before the check was written and deposits it into the government checking account. Presto ... all of a sudden the government computers show that it has a billion dollars to spend.

Not bad. Wonder what would happen if you and I wrote checks on money that we created out of thin air. I think that we might wind up dancing with big hairy men in Leavenworth.

Next: Episode 7 How the Fed Works - the Fed controls the Government and not the other way around!

Wednesday, February 20, 2008

The Federal Reserve is neither Federal nor a Reserve! It is one of the Greatest Scams of Alltime!

Episode 5: The Plan

In the years prior to the Fed a lot of banks were folding. People were losing their money and investments. There were runs on the banks and the banks would not give people their money back.

In particular, people were extremely concerned about what was refered to as the "money trust" or the concentration of incredible wealth in the hands of a few large banks on Wall Street.

For politicians the "money trust" represented a golden opportunity. If they campaigned against it chances were good that they would be elected.

Enter President Wilson. He campaigned hard against the "money trust." Problem was that he was "hand-picked" by the "money trust." He was financed by the "money trust." All of his key advisors and political cronies were part of the "money trust," and at the end of the day he sold out America. Who says that you can't buy yourself a President?

He didn't sell-out to the old "money trust" but rather to the new "money trust." For in 1913 after senator Nelson Aldrich, maternal grandfather to the Rockefellers and one of the unholy 7, pushed the Federal Reserce Act through Congress just before Christmas when much of Congress was on vacation, President Wilson passed the Fed into reality.

Later President Wilson was to remorsefully say, "I have unwittingly ruined my country!"

Now here is the plan which created the Fed. The unholy 7 wanted to create a central banking system in America. It's an ingenious concept that was created in Europe in the 16th century and perfected with the formation of the Bank of England in 1694. Later in this series I'll explain just how central banking works and why it is so dangerous. But suffice it to say for now that under a central banking system it is the bankers and the government who "own your butts" lock, stock, and barrel.

The main problem that the unholy 7 faced on Jekyll Island was what should they call the Central Banks so that nobody knew that it was a Central bank. Congress was already on record as saying that they did not want a central bank in America.

This is why Paul Warburg was so valuable, because he had the detailed technical knowledge of how central banks operate and hence had the expertise to strategize and guide the project to a successful conclusion.

The first step in their strategy was to give central banking a new name...The Federal Reserve System. Federal ... because it sounded like it was the government and not a cartel of powerful bankers. Reserve ... because it sounded like there were reserves of somekind. And System ... the most important word of all. Remember that people were upset about the "money trust", the concentration of financial power in New York. The word System was specifically chosen to sell the impression that under this new "bank reform" a system of regional banks would diffuse the power of the big banks on Wall Street.

But at the end of the day, it was to be the bankers and not the United States government which would issue and control America's money supply.

There was no federal component. There were no reserves. There was no system for the difusion of financial power on Wall Street and the Federal Reserve Banks were not even banks. A totally brilliant strategy.

Next- Episode 6: The Plan Part 2

Tuesday, February 19, 2008

The Federal Reserve is neither Federal nor a Reserve! It is one of the Greatest Scams of Alltime!

Episode 4: What Exactly is the Federal Reserve?
Some people still think that the Federal Reserve is a U.S. government institution. Nothing could be further from the truth. The Federal Reserve System is not a Government institution, department or agency!!
  • It is a system of 12 privately-owned "federal" banks who have been granted their power by the United States government to create money, then loan that money back to the government charging interest.
  • the government then charges you income tax to pay the interest on the debt.
  • The Federal Reserve Act was passed in 1913.
  • The Sixteenth Ammendment, which gave Congress the power to collect income taxes was also passed in 1913.
  • The Fed is politically independent and the federal government does NOT HAVE DIRECT OVERSIGHT over what the Fed does.
  • From its founding to this present day, the Fed has NEVER undergone a complete INDEPENDENT AUDIT. Congress has from time to time requested that the FED voluntarily submit to a complete audit, and EVERYTIME IT REFUSES.
  • The Fed Chairman can say anything he wants to Congress and Congress has to accept what he says, because verification is not always possible because the Fed keeps certain records secret.
  • Although the Fed is PRIVATELY OWNED it DOES NOT PAY a single solitary penny in business or property TAXES.

Next...Episode 5: The Plan

The Federal Reserve is neither Federal nor a Reserve! It is one of the Greatest Scams of Alltime!

Episode 3: I Don't Believe that it Happened!
It took 9 days for the 7 men to hammer out all of the important details of what would eventually become the Federal Reserve.
For a number of years after the meeting all 7 denied that the meeting ever took place. It was only after the Fed was firmly established that they began openly talking about it.
For those who are still of the opinion that Jekyll Island never happened, several books have been written by some of the participants detailing what they had accomplished. Visit your local library and check them out.
Frank Vanderlip, one of the "unmagnificent 7", wrote an article which appeared in the February 9, 1935 edition of the Saturday Evening Post. Here is a brief excerpt.
" I do not feel it is an exaggeration to speak of our secret expedition to Jekyll Island as the occasion of the actual conception of what eventually became the Federal Reserve System. We were told to leave our last names behind us. We were told further that we should avoid dining together on the night of our departure. We were instructed to come one at a time and as unobtrusively as possible to the railroad terminal on the New Jersey littoral of the Hudson where Senator Aldrich's private car would be in readiness attached to the rear-end of a train to the south. Once aboard the private car we began to observe the taboo that had been fixed on last names. We addressed one another as Ben, Paul, and Abe. Davison and I adopted even deeper disguises abandoning our first names. On the theory that we were always right, he became Wilbur and I became Orville after those two aviation pioneers the Wright brothers. The servants and train crew may have known the identities of one or two of us, but they did not know all and it was the names of all printed together that would've made our mysterious journey significant in Washington, Wall Street, even in London. Discovery we knew simply must not happen."
"If it were to be exposed publicly that our particular group had gotten together and written a banking bill, that bill would have no chance whatever of passage by Congress."
Next - Episode 4: What exactly is the Federal Reserve?

Sunday, February 17, 2008

The Federal Reserve is neither Federal nor a Reserve! It is one of the Greatest Scams of Alltime!

Part 2: Secret Journey
In November of 1910, Senator Nelson Aldrich sent his private railway car to the railway station in New Jersey to take himself, Abraham Andrew, Frank Vanderlip. Henry Davison, Charles Norton, Benjamin Strong and Paul Warburg to their clandestine meeting on Jekyll Island. At that time, these 7 men represented approximately 25% of the wealth of the entire world!
Each man was told to arrive at the train station in the greatest of secrecy. They were specifically instructed not to see one another on the day and evening of their departure. They were to arrive at different times so that they could enter the station and board the private car, hooked-up at the very end of the train, one at a time and pretend as though they did not know one another.
Each man was also instructed to avoid newspaper reporters at all cost, because if they had been seen together, it would have raised Spockian eyebrows and a lot of questions would have been asked. One of the men even carried a shotgun so that if had been stopped by a reporter his response would be that he was going on a duck hunting trip.
Once on board Aldrich's private railway car, they were told to only use their first names. Under no circumstances were last names to be even mentioned. Some of the "unmagnificant 7" even used code-names. Senator Aldrich was concerned that if the servants were to know who they were serving that evening, there would be a good chance that the information would be leaked to the press.
The 1,000 mile journey to Brunswick Georgia took two and a half days. From there they took a ferry to Jekyll Island, which was completely owned by people such as Rockefeller and J.P. Morgan who would spend the winter months there with their families. Amongst the millionaire owners it was known as "The Jekyll Island Club."
The center of their social activities was The Clubhouse, a magnificent structure surrounded by cottages which were the finest examples of the architecture of the day, some even having as many as 14 bathrooms.
Today, Jekyll Island is owned by the state of Georgia and has been converted into a state park. The Clubhouse has been fully restored and is open to the public.
As you tour this facility, you'll come to a door with a brass plaque which simply says, "In this room the Federal Reserve System was created."
Next Episode - Part 3: I Don't Believe that it Happened!

Friday, February 15, 2008

The Federal Reserve is neither Federal nor a Reserve! It is one of the Greatest Scams of Alltime!

Part 1: Sinister Beginnings
The Federal Reserve System was created by 7 men in 1910 at a highly secret meeting on Jekyll Island, just off the coast of Georgia.
The 7 men were:
  1. Senator Nelson Aldrich, Republican whip in the Senate and the chairman of the National Monetary Commission, which was the special committee of Congress created for the purpose of making recommendations to Congress for proposed legislation to reform banking. He was also a key business associate of J.P. Morgan and the father-in-law of John D. Rockefeller.
  2. Abraham Andrew, Assistant Secretary of the Treasury.
  3. Frank Vanderlip, President of the National City Bank of New York, which at the time was the largest bank in America representing the financial interests of William Rockefeller and the international investment firm of Kuhn, Loeb & Company.
  4. Henry Davison, senior partner of J.P. Morgan Company.
  5. Charles Norton, President of First National Bank of New York.
  6. Benjamin Strong, head of J.P. Morgan's Banker's Trust, and who 3 years later became the first head of the Federal Reserve System.
  7. Paul Warburg, the most important player of all. A naturalized American citizen, born in Germany, and one of the wealthiest men in the world. He was a partner in Kuhn, Loeb & Company and also the representative of the Rothschild banking dynasty in England and France. His brother Max Warburg was the head of the Warburg banking consortium in Germany and the Netherlands.

These are the players. Tomorrow in Part 2 of the Federal Reserve series ... Secret Journey.

Friday, February 08, 2008

Why Dr. Ron Paul Doesn't Stand a snowball's Chance in Hades of becoming the next President of the United States!

Here is a brief synopsis of Ron Paul's position:

  • marching out of Iraq just as America marched in.
  • no more meddling in the Middle East.
  • bringing the troops home from hundreds of expensive bases all over the world.
  • abolish the personal income tax and the IRS - they are not compatible with a free society.
  • repeal the Patriot Act and the Military Commissions Act.
  • restore habeas corpus.
  • stop spying on Americans. No more eavesdropping on personal emails and bank accounts, business and home phone calls.
  • no national ID.... just the bracing freedom of the Constitution.
  • sound money and not the great counterfeiting machine called the Federal Reserve that causes recessions and inflation.
  • private property rights, with no pollution or other attacks on property.
  • enforce the Second Amendment and all the Bill of Rights. Privacy for each citizen with no secrecy for a corrupt bureaucracy.
  • restoration of the Republic and sovereignty.
  • no UN, no North American Union with Canada and Mexico.
  • no WTO, no World Bank and no International Monetary Fund.
  • federalism, free enterprise, peace and prosperity.

Does Ron Paul sound like a President who could do a lot of good things for America? You bet, but that's exactly why you will never see him as the Republican Presidential candidate. His common sense has been stepping on too many toes which have been running America into the ground.

Saturday, February 02, 2008

25 Reasons why America is slowly Tanking!

01: The Dow, S&P 500 and the Nasdaq have lost all of their 2007 gains in the first 4 weeks of 2008. We'll see the Dow at 9,500 to 10,500 this year.

02: Gold has gained 43.2% and silver has gained 26.1%. Look for gold to hit $3,000/ounce by this time in 2010 and silver will be over $100/ounce.

03: Real estate markets are virtually dead with record levels of inventory. Housing prices will continue to fall for another 2 to 4 years depending upon what action(s) the government is prepared to take and whether or not those actions make sense in the first place.

04: Hundreds of billions in mortgages are due for readjustment to unaffordable levels for millions of homeowners.

05: Defaults on all types of debt are significantly increasing.

06: Consumers are buried in debt with little or no savings. There is an erosion of consumer confidence.

07: Credit markets are frozen.

08: M3 is about 16% (not published - see note at the bottom of this post)

09: Banks are writing-off or writing down tens-of-billions in subprime losses, bad mortgages and loans.

10: Tens-upon-tens of trillions of potential derivative losses are looming just around the corner.

11: The American dollar is tanking with no end in sight. It will probably bottom-out somewhere between 40 to 50 on the USDX from its current position of 75.8.

12: State budgets are running massive deficits and some are close to bankruptcy.

13: The national debt and trade deficits are completely out of control.

14: There is very little left from the manufacturing sector.

15: Unemployment is growing.

16: Off-shoring and outsourcing continue to eliminate the better-paying sectors.

17: Because of outsourcing, a lower dollar will not give American exports an advantage, because there's not much in the way of exports to begin with. So if the dollar is pegged at 55, the GDP would only increase by 1/2% at the top end.

18: Wages will remain stagnant.

19: Oil prices will continue to climb. Look for $125 - $130/barrel this year.

20: There will be price increases for most commodities.

21: Food prices are now at record highs.

22: Irresponsible and unresponsive government. The recent "economic stimulation" package is merely a drop in the ocean. It is not enough to cause any type of permanent improvement in the plight that Americans now find themselves in. As far as I'm concerned it is a PR package pure and simple to help the Republicans in the upcoming presidential election.

23: The Federal Reserve, which is neither Federal nor a Reserve, but rather a privately owned central banking system owned by a cabal of 12 banks with the power granted to it by government to create print and manage Americas money supply, is driving America further in debt each and every day. The Fed is, was and continues to be the biggest scam ever foisted on America. Google it and be surprised at what you will learn. And these greedy clowns control your life through your economic well-being or lack thereof. By the way, even the courts have ruled that the Fed is NOT part of the government.

24: Rampant illegal immigration is providing a source of cheap labour.

25: Perpetual abscence of talented and knowledgeable leadership in Washington today and in the foreseeable future. Listen to President Bush, Billary Clinton, Obama, McCain, Romney, and Huckabee. Now ask yourself ... is this the best that America can do? Can any one of these people fix America's problems or are they in varying degrees part of the problem?

NOTE:

In the U.S. the Federal Reserve defines (what a surprise) the measures of money supply within 4 categories:

MO: total of all physical currency plus accounts at the central bank that can be exchanged for physical currency.

M1: MO plus those portions of MO held as reserves or vault cash plus the amount in demand accounts (Checking or current accounts)

M2: M1 plus most savings accounts, money market accounts and time deposits (certificates of deposit) under $100,000

M3: M2 plus all other CD's, deposits of eurodollars and repurchase agreements.

The Fed stopped publishing M3 stats in March 2006 (My gosh another surprise) explaining that it costs too much to collect the data and that it doesn't provide significantly useful information ... really?

Saturday, November 10, 2007

It's Time that the Religious Right had the Guts to Get It Right !

Our Congresses for the past 94 years, starting with the passage of the Federal Reserve Act and the Income Tax Act of 1913, have been nothing less than an absolute, total disgrace.

They have sold us into tax slavery, they have allowed the Fed to devalue our currency through inflation and to blatantly and incessantly cause panics, recessions and depressions as they rip off the US public over and over again, ad nauseam, they have shredded our Constitution in every way possible every chance they get, they have either authorized or condoned the slaughter of our children in an almost continuous series of wars under an ongoing policy of perpetuel war for perpetual peace and perpetual profits in order to line the pockets of trillionaire pigs who never have enough, they have stifled the moral outcry of our pulpits using the Income Tax to threaten their tax-exempt status if they speak out, and now they threaten to launch us into World War III over an issue that should have been settled 90 years ago.

We would have been better off with a dictatorship! Don't laugh, because that is where we are headed!

The leaders of the religious right need to pull their heads out of their butts and stop endorsing candidates because they might be pro-life and anti-gay marriage.

Their myopic and incredibly naive view of our world is something the Lord will hold them accountable for, because like the Pharisees, they have failed to discern the nature and the signs of our times or to distinguish between truth and lies.

They have foolishly allowed a pack of revening wolves wearing sheep's clothing to manipulate them by showering them with a plethora of contrived and worthless platitudes and by approving token actions on moral issues, actions that are taken solely for political reasons and not because of any underlying moral conviction.

They can't even get our s0-called Christian President to sign an executive order that would allow our military chaplains to pray in the name of Jesus without incurring the wrath of their superior officers. Why then does this executive order even need a debate and/or a petition of concerned citizens to get our "beloved", so-called Christian Commander-in-Chief to put it on his agenda?

Our narrow-minded Christian right talks about pro-life and anti-gay marriage platforms as if these were the only issues that mattered. What about honesty and integrity?

  • What about outright lies to Congress to get them to approve a war for profit?
  • What about traitorous false flag attacks on the World Trade Center and the Pentagon, the murder of several thousand of our citizens and the baseless and continuing orchestration of a phony war on terror?
  • What about the slaughter of millions of Iraqi civilians and thousands of our soldiers and contractors to facilitate a grab for oil fields by an evil group of satanic trillionaires?
  • Is it pro-life to kill that many civilians for the profit of some of the most evil men that have ever walked the face of the earth, men whose lusts and perversity would make the residents of Sodom and Gomorrah blush?
  • What about the financial scandals, one-bid contracts, obstructed investigations into every manner of graft and corruption and the politicizing of our justice system?
  • What about the blatant invasions of our privacy and illegal wiretaps and data-mining of Internet and telephone service records?
  • What about a chief executive who thinks he is above the law, who has made the appendage of signing statements to the laws he signs into a form of art?
  • What about blowing the cover of one of our CIA agents because her husband dared to speak the truth about some phoney weapons of mass destruction?
  • What about the numerous homosexual pedophiles, child pornographers and sadomasochistic perverts who grace the halls of Congress and the White House, many of whom have been caught in the act of soliciting minors and Congressional pages for sex? Do you think they are anti-gay marriage advocates?
  • What about the male homosexual prostitute who has spent many nights at the White House?
  • What about the torture and the extraordinary renditions of innocent people and the suspension of their rights to habeas corpus, and the humiliation of prisoners, all authorized by the drooling perverts in our current shameless Administration?
  • What about the off-shoring and outsourcing of our jobs, the looting of our pensions, the destruction of our middle class, our economy and our currency, which will no longer be the reserve currency of the world thanks to the profligate policies of the current Administration?
  • What about the incessant and blatant lies about economic statistics and the illegal 24/7 manipulation of all our financial markets?
  • What about the failure to enforce our borders and our immigration laws so big business can have a ready source of slave labor?
  • What about the secret destruction of our sovereignty with a clandestine North American Union (with Canada and Mexico) which the current Administration is trying to sneak past us by stealth?
  • What about the War in Afghanistan to take over their opium poppy fields so the CIA can continue to fund their black operations, which are aimed at destrying our sovereignty?
  • What about all the laws which have just been passed which give our President dictatorial powers over our military and over our state militias if martial law is declared, or which allow our President to declare that people who protest against our government's actions are enemy combatants and are no longer entitled to the protections provided by our Constitution?
  • What about allowing evolution to be taught to the exclusion of God's creation? Have they ever done anything at all about this issue?
  • Have they done anything about banning abortion completely by overturning Roe vs. Wade? Have they supported any states that have tried to do either of these things?
  • Did they fight hard enough to get federal judge appointees of the President confirmed, or did they just make the appointments to make you happy and then not follow-up?
  • Do you think we should stop with a ban against partial birth abortion?
  • Have they passed any laws, which in any way discourage gay marriage or civil unions or have they supported any states that have tried to do this?

And finally ............ what do you think about a President who thinks that followers of Mohammed, who use the Koran, worship the same God as Christians and Jews, who use the Bible? Wow, the depth of his Christian understanding is nothing less than profound!

The above is an excerpt from an article written by Bob Chapman who is the Publisher of The International Forecaster newsletter (www.theinternationalforecaster.com) a compendium of information on business, finance, economics, social and political isues and espionage/intelligence gathering. Mr. Chapman has also served in the U.S. intelligence community.

This article gave me pause to think. I hope that it will do the same for you.