Showing posts with label Treasury. Show all posts
Showing posts with label Treasury. Show all posts

Thursday, March 1, 2012

Common Sense Meets the COmmon Enemy of all Americans!




By:Thaddeus S. Kaczor, Jr.


Common Sense met the Common Enemy of the People today, as Rep. Ron Paul (R-TX), the Chairman of the House Financial Services Committee returned to Washington for his semi-annual grilling of Federal Reserve Chairman Ben Bernanke. After an opening statement that was a lengthy dissemblance of the entire Federal Reserve system, Dr. Paul proceeded to illustrate both the simplicity and the magnitude of the destructiveness of Mr. Bernanke's Quasi-Federal Fiefdom.With just a Silver Piece as an illustrative example, Dr. Paul thoroughly and simply destroyed any credibility that Bernanke could ever hope to achieve with all his pious pronouncements, obfuscating efforts at statistical explanation, and further attempts at justifying what can only be described as unmitigated failure. 


Showing an ounce of silver to Bernanke, then plainly stating that this same silver piece that bought four gallons of gasoline in 2006, now can purchase over 11 gallons, Dr. Paul laid waste to Bernanke's claims of supposedly maintaining low inflation. The Silver has not gained over 50% in INTRINSIC value over the last six years- it is a stable commodity, and it's worth remains unchanged. What HAS changed is silver's (and every other commodity's) relative worth vis-a-vis the DOLLAR- which has effectively LOST over 50% of it's value in relation to Silver- and every other tangible commodity (like food, oil, etc.)-  that has intrinsic, inherent worth. 


Unlike commodities, the only thing 'inherent' in the Dollar is it's relative worthlessness! Every Dollar's worth is invested solely in the trust that people using it have in the good faith of those issuing it. When those issuers of the FIAT Dollar (the PRIVATELY OWNED Federal Reserve) take our trust and squander it in a profligate manner by rewarding inefficient, corrupt and failing International Banking enterprises with first use of TRILLIONS of Freshly created dollars at little or NO interest, they are using inflationary tactics to steal from each and every person who is FORCED to use their ever more worthless paper. Without any alternative currency that has REAL worth (Like Constitutionally-Mandated Gold and Silver), Americans are forced to treat the Dollar as if it had any intrinsic value- allowing the Federal Reserve and it's Member Banks to steal from everyone using Dollars by driving up prices and costs, and (in real terms) devaluing the amount every person earns in their paycheck!  Meanwhile, the (not-so) borderline criminal enterprises that are Member Banks (The OWNERS) of the Fed are rewarded for their incompetence, corruption and outright theft with TRILLIONS in FREE MONEY provided by the Federal Reserve,-Most times in secret, and with absolutely NO Federal Government oversight! EVERY dollar that is 'created' by the Federal Reserve and 'issued' (given) to it's Members and associated entities reduces the value of every dollar in circulation EVERY time! And they have been doing A LOT of 'issuing' lately- Wall Street, Foreign Banks, The Mortgage Markets in Fannie Mae and Freddie Mac, and on and on and on! 


If ANYONE operated this way in the private sector (other than the PRIVaTELY OWNED Federal Reserve!), then they would be investigated, indicted, tried, fined and jailed for high crimes against the American People. But since the tentacles of the Member Fed Banks reach into ALL sectors of the economy, media and the government, there is virtually no real criticism in or investigation into their corrupt massive counterfeiting scheme! The largest Corporations that aren't directly involved in this global swindle are either forced to stay silent through regulatory and economic intimidation (and Trillions of dollars can buy a LOT of that- especially if you can print them at will!), or else they are 'coerced' by being rewarded with receiving THEIR share of crumbs from the Fed's debauched economic banquet table. While the Corporate Media and the and the cowed/corrupted corporations stay silent, Congress has abdicated it's Constitutionally-mandated regulatory authority over the U.S. Currency by un-Constitutionally giving regulatory authority over the Federal Reserve, through the Dodd-Frank Act- over the The PRIVATE Federal Reserve itself! This is not only putting the 'Fox In Charge Of the Chicken Coop'- it is tantamount to seizing the farm, signing it over to the Fox, and installing the Fox's relatives as Sheriff, County Commissioner and Farm Bureau Chief!


Through their actions (or lack thereof), Congress, the Executive Branch and the PRIVATELY OWNED Federal Reserve Bank demonstrate that they not only do not deserve ANYONE's trust, but with the massive amount of contempt they show by their capricious actions to the American People, they should be stripped of any and all economic decision-making powers immediately and completely- lest our Dollar and our entire Economy free fall into a Weimar/Zimbabwe-like abyss!


Speaking in plain terms, we find ourselves in a situation now where it is as if a Counterfeiter knows the authorities are closing in on his operation, and it's only a matter of time before his scheme collapses. He then proceeds to run his funny money presses at full tilt, flooding the market with increasingly useless paper, in the hopes of squeezing every last bit of worth out of his ill-gotten enterprise before it all collapses under it's own weight.


The Federal Reserve is essentially the largest counterfeiting enterprise in the history of the world. Over the last 99 years- but accelerating exponentially over the last 5- The Fed has committed the greatest robbery in the history of mankind. The Federal Reserve accomplishes this massive transfer of Wealth from the Poor and Middle-Income people by the massive devaluation (issuance) of 'new' currency, where every dollar is worth that much less, buys that much fewer goods and services, and continues to depreciate in value at an ever increasing rate with every 'new' Dollar that the Fed creates.


Rep. Paul was right to ask Chairman Bernanke today in his final question whether he purchased his own groceries. In the rarified circles that International Banksters like Bernanke inhabit, these self-appointed elites have no connection to the average American's life, and no clue as to what the REAL effects of the Fed's intentional inflating of the Money Supply are on every working American. For people like Bernanke, inflation is just a figure used to calculate a statistic, which in turn is used to justify destructive (yet, for them VERY profitable!) economic policies such as Bailing out, subsidizing and just plain ENRICHING the incestuous circle of Bankster Billionaires who make up the Federal Reserve System, and indeed the entire International Bankster Community. 


This is in stark contrast to the daily experience of the average American, where inflation is having to make the choice whether to buy food for his children, or gasoline to drive to work to earn an ever-diminishing paycheck. Inflation for the millions of elderly and disabled in America means having to make do with even less and less, as the small pittance that they receive shrinks in REAL value, as prices for essentials like Food, Shelter, Energy and transportation climb further and further out of reach. Ben Bernanke buys his own groceries? I seriously doubt you will see 'Helicopter Ben' or his Billionaire Bankster associates struggling to make the grocery tab in line at your local Piggly Wiggly or Kroger. 


It is time for REAL change in America. It is time to pull the mask off of the International Bankster criminals who are destroying the American way of life by enriching themselves at the expense of every American. These Fiat Counterfeiters and Big Fast-Change artists have thrown millions out of work, out of their homes, and out of any chance of achieving even part of what once was 'The American Dream'- all in the name of 'saving the economy'. The only things 'saved', in reality, are the corrupt and totally mis-managed Banking institutions that should have been the FIRST entities to be declared bankrupt, liquidated and allowed to be re-absorbed into a recovering economy. Instead, the worst of the worst in this den of Pin-Striped thieves were actually REWARDED for their unethical, ill-conceived and borderline (or not-so borderline) illegal economic malfeasance. 


Meanwhile, back at the combination Charnel House/Political Prostitution Racket that our Congress and Executive Branch have become, Democrats and Republicans- (or should I say 'Republicrats and Demopublicans', since there is little substantive difference between the two wings of the Corrupt D.C. MONEY PARTY) take turns every four or eight years pretending there is a 'real change' whenever one or the other side of the One-Party Big-Government Duopoly 'hands over power'. In reality, the names, faces and rhetoric are the only things that 'change' in Washington. Big Spending, massive debt increases and corrupt political paybacks using TAXPAYER money continue unabated no matter which 'side' is running the corrupt Washington Money mill. They always somehow find their way to a multi-thousand page 'Compromise' Spending Bill that somehow always manages to contain the worst excesses of both 'sides'! The only thing REALLY compromised in Washington these days are ethics, the Law, and the integrity of the American Economic system.


The truth is out there in plain sight for all Americans to see. The perpetrators of this economic fraud are so confident in their complete hoodwinking of the American Public, that they don't even try very hard to hide their criminal enterprise anymore! They used to count on Americans being distracted by 'Bread And Circuses' as the Romans used to say, so that they could continue looting the National Treasury with objection from those being looted- The American People!  But now that their house of Fiat Dollar Cards is now collapsing, the international Banksters and their Government Bureaucrat cronies are resorting to the oldest trick in the books- FEAR! If you don't let us continue to pump trillions into our friends and cronies' coffers, then- my God- THE ECONOMY MAY COLLAPSE!!! 


Excuse me, but aren't the same actions the Fed says will take to 'save' the economy the VERY SAME bad ideas that CAUSED most of our fiscal problems in the first place? Naaaaaaah- Just ignore that man behind the curtain! You know, the one you see looting your pension, stealing the value of your house, deflating your paycheck and draining your wallet every time you turn around! He's really doing that for your own GOOD, don't you know!


Americans right now have to ask themselves some very hard questions; Does your paycheck go as far as it did ten years ago, five years ago, or (in the case of Gas prices) earlier this morning? Does your pension still offer you the same security as you thought it would when you first started working- if you even HAVE a pension left! Does your house offer you the same  financial security that it once promised (if you still even HAVE a house!), or do you feel you are merely 'renting it' from the bank, the Government- or both? Do you honestly trust those in Washington D.C. to look out for your better interests- or for the interests of those who finance their campaigns, enrich them through sweetheart deals, and offer them the promise of riches and power once they pass through the revolving door between Congress, K-Street and Big Business?


One more question... Who are you going to believe to tell you the real, unvarnished truth about the plight we now find ourselves enmeshed in. Those in the Media, politics and Big International Business who have a vested interest in you believing tier lies? Or the One Man who is unafraid to stand up and tell the truth to Americans- even at the expense of being slandered, vilified, and belittled- even though (or perhaps ESPECIALLY because) he is telling the hard truths Americans don't want to hear, but NEED to hear?


The Media and the Party Elites are confused and afraid of Ron Paul because they don't understand a Presidential Candidate who isn't trying to pump up his ego, enrich his friends, or curry favor with an entrenched establishment. He just truly loves his country, understands it's problems, and wants to fix those problems before they become too massive to BE fixed in a rational and safe manner. We don't need a new face on the same old problems this election cycle. We have tried that failed approach over and over again for too long- electing the 'lesser of two evils- and we've ended up deeper and more entrenched in this economic morass. It is now past time to educate ourselves as Americans and elect a President who will do the right things for America.


Dr. Paul understands there is a Cancer in the Body of American society. His opponents want to treat that cancer by continuing the policies that CAUSED the chronic sickness in the first place! As a Doctor, Ron Paul understands that when you are dealing with a deadly disease, you need to aggressively use hard medicine in a timely manner, even if it causes short-term pain. You don't use nice-looking Band-aids and perfume to treat a serious ailment- yo need to have the CORRECT diagnosis, and prescribe the STRONGEST medicine! That is the ONLY way to revive and restore a healthy and strong America which we will be proud to turn over to future generations


Listen to the Doctor. He knows what Ails America, and he has the cure.

Monday, November 28, 2011

Are you a Con Man, or one of the conned?



By: Thaddeus S. Kaczor, Jr.


In an article in TIME MAGAZINE, Massimo Calabresi puts forth the proposition that the Federal Reserve 'Saved The World Economy' by bailing out all it's member banks and their affiliates by creating tens of Trillions of dollars, then paying themselves off with it!  Maybe the Fed 'Saved the World' for the Uber-Large International Banking Cartel and those FInancial services companies well-connected to it, , but in doing so it has nearly destroyed the American economy. While you sit in your ivory tower,  Mr. Calabresi, those of us in 'Flyover Land' have had to deal with our savings' and investments' value being wiped out, our home values being decimated, and we are just now beginning to deal with the incipient runaway inflation. No, not the phony 'government statistical' inflation, the REAL WORLD inflation of energy, food, health care and housing that the government 'conveniently' omits from it's fantasyland figures. Likewise, the REAL WORLD unemployment rate remains at over 20%- not the relatively rosy 9% or so that the government concocts by only counting those on the dole, and not those who no longer qualify, or are what is so Orwellian-ly termed 'under-employed'. 

There has been no 'recovery' since 2007- despite the flat-noted trumpeting of such an occurrence being regularly broadcast every quarter since the downturn began. We've been 'right around the corner' so many times that the entire block has been worn smooth, and now most pundits and economists are reduced to running in circles of logic around it when explaining away what is obvious to everybody else. TIME, like the rest of the captured corporate media, is reduced to the role of a cheerleader in a prison camp. Nobody believes what they are pushing, but everybody is either too afraid to speak out, or else stifled from stating what is clearly obvious to everyone: America is Broke; the International Banksters and their revolving-door allies the Government Bureaucrats are looting the economy; and no one in the Media. government or industry (is there a difference anymore?) is willing to level with the American people.

Articles like this one are being taken in three ways by the American Public: They are swallowed whole by the sheeple who are trained to believe whatever anyone 'in authority' tells them; They are believed on faith by those who have been bathed in ignorance for many years by the education system and the government schools; or else they are derided as outrageously bombastic propaganda by those who have enough critical thinking skills to figure out a con job when they see it.

The only question is, Mr. Calabresi: Are you one of the con men, or one of the conned?

Thursday, October 20, 2011

A Media Outlet actually LISTENS to what readers say about Ron Paul!



By Thaddeus S. Kaczor, Jr.


What's worse than the blackout? The type of 'damning with faint praise' type of articles that almost ALWAYS accompanies the meager amount of coverage that Dr. Paul gets. Any positive news is always followed by a qualifier. He has good plans BUT... He has dedicated and avid 'followers' (hate that word) BUT... He won the caucus BUT... In the Chrisitian Science Monitor article linked at the top, Writer Maud Dillingham, after seeing article avfter article deluged with intelligent rebuttals from adamant posters, objectively and soberly looks at the complaints that Ron Paul supporters have about the media.

My take on the media coverage? Excuse me, but since when is having a large grassroots organization; gaining and MAINTAINING popularity WITHOUT the help of (or in spite of) coverage by the media; motivating people to get out on their own (NOT 'bussed in') and actually VOTE for you; having five times as many individual campaign donors as the purported 'front runner'; having more active duty military contributors than all your opponents COMBINED (yet being criticized for 'not supporting the military'!), and finally, actually having a plan that does what all the other candidates PROMISE to do- balance the budget- in one-third the time; proposing to actually CUT the deficit by actually CUTTING spending, and by ONE TRILLION DOLLARS the first year, while the ostensible 'front runner' is proposing to cut about 2% of that, and spreading it out in time (as Buzz Lightyear would say) 'to infinity and beyond!". Ron Paul's record in this race is TEXTBOOK politics on how to build a campaign, stay on message, motivate your base and maintain fundraising- all without compromising your principles.

ANY other candidate does even HALF of what Ron Paul has proposed and accomplished, and the media and the Party Elites would declare the race OVER. Yet the more sense Ron Paul makes, the more solid support (not 'flavor of the week') he gets, the harder the media try to bury him, and the more foolish they look.

One final example. The day after Ron Paul announced the boldest proposal by ANY candidate, promising DEEPER and REAL spending cuts, I did a survey of all the major news outlets on line. Half of the news outlets put the story on their front page, or even in their 'Top News' section, while half of the major news outlets had NO STORY- even if you did a search of their entire website! How can a story be 'Top News' on HALF the major outlets, yet not even rate a MENTION on the other half? The only explanation can be a systematic and deliberate censorship of the news when it pertains to ONE CANDIDATE. It's not paranoia if they really ARE against you!

SO congratulations, CSM! Continue to cover Ron Paul fairly and in an even-handed manner with the other candidates, and you will see your readership rise as people continue to drain away from the outlets that continually and blatantly shoot themselves in the foot with obviously biased and ham-handed coverage (or non-coverage). The American people may be ignorant due to not being presented all the facts, but they are not stupid. And they recognize when they are being lied to. And they don't react to that very well.

Tuesday, September 27, 2011

Ron Paul- The Only REAL Agent of Change!


By: Thaddeus S. Kaczor, Jr.

Whenever a media outlet so blatantly (and clumsily!) tries to exclude, ignore or dismiss a viable candidate, let alone one running THIRD in most national polls, it merely puts a spotlight on the media outlet for either blatant bias or overwhelming incompetence. When they are unable to ignore him completely, The Corporate Media instead tries to marginalize Ron Paul by using blatant ad-hominem propaganda attacks- claiming he is 'kooky', 'fringe' or many other hateful, yet strangely vague and meaningless terms. Concurrently, they usually try to smear his supporters as well, using terms like 'cult', 'extreme', or even 'wholely an internet phenomenon'. Unfortunately for the media (and fortunately for Dr. Paul), this strategy has consistently backfired- driving people AWAY from the already distrusted corporate media, and directly to Ron Paul- if only for more information to see why the media that they so strongly mistrust is trying to prevent people from even hearing about Dr. Paul, his ideas and proposals, and is amazingly strong but ironically widely ignored support!

You see, the media is perplexed by the Ron Paul campaign, because he doesn't fit neatly into one of their established 'storyline' boxes. Ron Paul's supporters are old AND young, rich and poor, 'liberal' and 'conservative' (to use those obsolete, 20th-century terms') and many other seemingly contradictory groups. Most 'traditional' politicians and media-types can't wrap their restricted intellects around the concept of how the message of FREEDOM and INDIVIDUAL LIBERTY actually UNITE people from so many diverse backgrounds- unlike traditional politics, which seeks to divide people into tidy ethnic, economic, social and other demographic groups- the better to inculcate a 'groupthink' mentality and manipulate them into willing submission to an established candidate, party or ideology.

Fortunately, more and more Americans every day are rejecting the divisive politics of the past, along with the manipulative politicians that promote so many divisive and destructive policies and programs. The old media is dying because it also relies on dividing Americans into groups and using their differences against them in order to profit from their ignorance. By that, I mean the ignorance that keeps Americans from uniting against the corrupt politicians and their internationalist puppetmasters, who are destroying this country by bleeding Americans dry with taxes, inflation and useless wars, then crassly telling the very people they are enslaving that the economic, social and political chains around them are for 'their own good'. Telling us that 'Freedom is Slavery' by reducing our once proud middle class into a nation of low-wage-slaves and high-tech serfs. Telling us that 'War is Peace' by keeping us on a perpetual (and highly profitable) permanent war footing, with an ambiguous 'enemy' that is not a nation, group or a person, but the amorphous and constantly changing abstract concept of 'Terrorism'- which can be twisted and morphed into practically ANYTHING in order to stifle dissent, and to keep stoking the fires of an emotional (and irrational) fever for perpetual war. One only has to read the daily newspapers (what is left of them!), or turn on the television to be inundated with Orwellian 'DoubleThink'- where readers and viewers are expected to keep (at least) two logically opposed viewpoints or ideas in their minds at the same time.

The perfect example of this 'DoubleThink' is the coverage of the Ron Paul Presidential Campaign. The American people are told by the Corporate Media and Party-Elite 'experts' that whoever wins a 'straw poll', raises more money than the others, has the most enthusiastic supporters, has the most sophisticated, effective and activist grass-roots organization, and consistently maintains and grows his support is the FRONT RUNNER! That is certainly true whenever ANY OTHER candidate achieves even a modicum of any one of the above criteria. However, Ron Paul has consistently won more straw polls, or placed in the top tier than any other candidate- but when he does win, it is either dismissed as 'insignificant', or ignored altogether. Ron Paul consistently outdraws live crowds of (non-paid) supporters wherever he goes- but they are mysteriously absent of Television cameras and national coverage. Ron Paul is consistently at or near the top in fund-raising, and raises more money from Active Military than all other candidates COMBINED! Yet his fund-raising prowess is somehow attributed to a combination of 'the internet' (?), a strong core of 'followers' (as if that's a BAD thing in politics?) or (once again), is simply ignored by the media. Ron Paul proposes radical ideas for actually SOLVING our economic crisis, by outlining the root CAUSES, prescribes detailed and economically sound programs to right the economy, and backs them up with detailed analyses and real-world examples from a wide range of respected experts both in academia AND in the business world. For this he is called 'crazy'- despite the fact that EVERY other candidate has donw a 180-degree turn (at least in RHETORIC), and now suddenly mouths the very same things that Ron Paul has been saying for at least 30 years- even though most either don't actually mean what they say, or dont even UNDERSTAND the concepts they are supposedly advocating. Perhaps that is why in the debates, they consistently refuse to even ASK Ron Paul questions about economics- can't make the other candidates look dim by comparison, can we?

Most importantly, the most distorted and wrongly vilified plank of Ron Paul's campaign is his advocacy of a return to a Constitutionally-Sound foreign policy of non-interventionism, which is wholly different from the 'isolationism' that so many of his detractors simplistically try to tag him with. Non-Interventionism was the key to America's greatest strength before pre-emptive Wars became so profitable- and a means to consolidate and centralize Government power and wealth. Many other candidates now strangely echo Ron Paul's opposition to endless interventionist wars that have no seeming strategy other than self-perpetuation- even after hypocritically being strong advocates for interventionist wars mere months or years ago!. Sadly, for most candidates this sudden pivot to a new line of 'peace' rhetoric is merely a cynical new 'political position', designed to try to 'broaden their appeal'. When pressed for details, most wilt into lofty-sounding 'glittering generality' platitudes about 'supporting the troops', defending freedom', and other glorious-sounding empty phrases that belie both their records and their REAL positions (if any). ONLY Ron Paul will strengthen our country and support our troops by returning them to their Constitutionally-Mandated duty of protecting our Home Shores- free of the vague 'nation building' and the endlessly miasmic 'war on terror' that saps not only our military strength, but weakens us economically, socially and politically- at the same time creating hatred and enemies in those countries that want nothing to do with us. It is also enlightening to do the research that our media refuses to do, and realize that most countries we help with 'nation building' or to 'fight terror' are rich in natural resources that American and multinational companies wish to exploit, in partnership with the multinational Banks like the IMF, BIS and World Bank. No wonder Members of the Military support Ron Paul in such overwhelming numbers- they, more than any others, see the devastating effects our destructively aggressive and militaristic foreign policy have on not only those we bomb, invade and put under the bootheel of 'friendly' dictators, but also how these endless wars rip apart not only the fabric of American families, communities and businesses, but also the social and economic fabric of our entire nation.

The time of corruption and lies, endless wars and economic enslavement must end. Most of those yearning to lead America will promise you the world in order to get elected, then will turn around and snatch that promised world away from you once the voting is over. The time of a corporate media giving Americans only the (false) choice between 'Corrupt Statism' and 'Corrupt Statism-Lite' is also drawing to a close. You can give your vote to someone who will tell you what you want to hear 100% of the time, who will then proceed to do the bidding of whoever is the highest bidder for his services amongst the lobbyist charnel houses lining K-Street. But there IS, finally, a REAL alternative to the lying, controlling politics-as-usual sock-puppets who continue to drive our country straight into economic, social and cultural oblivion. You can vote for the man who will NOT tell you what you WANT to hear, but instead, what you NEED to hear! The man who instead of nibbling around the edges of corruption and calling it 'reform', will boldly overturn the wasteful and bloated government machine in Washington that is sapping America's strength, destroying our economy, and ripping apart our social fabric. The man who promises to 'Restore America NOW!' That man is Ron Paul, and he doesn't want to just win the election, he wants to save America- the land he loves.

Sunday, January 16, 2011

Obama and the Fat Cat Banksters


What is becoming more and more apparent with each passing day is the extent to which President Obama and his paymasters in the International Bankster and Industrialist community are deliberately dismantling the American system, including downsizing the Engine of Prosperity, the Middle Class. Their dream is an Orwellian system like China's, where government determines the corporate winners and losers, dissidents are silenced, and the growing middle class yearning for more freedom are bought off by material goods, and incarcerated in prisons or mental hospitals when they refuse the payoff.

His allies in this crusade to 'transform America' include those in the pliant and sycophantic Progressive press, who trumpet Obama's every minor success, ignore his every misstep, and whose fawning creation of a 'cult of personality' would be the envy of Woodrow Wilson's Creel and Bernays, Jozef Goebbels and Vyacheslav Molotov. But by far, Obama's greatest allies are those 'fat cat' international Banksters and industrialists that he rails against publicly.. While he hypocritically decries their actions in public speeches to 'the great unwashed', in private he aggressively promotes legislation and extra-constitutional regulations and Executive Orders that promote the internationalist agenda better than they could do themselves! One only needs to look within his own Administration to see this in action. GE head Jeffrey Immelt is Obama's chief economic advisor, and heads the President's Economic Recovery Advisory board. Not coincidentally, Immelt's GE has received numerous Government contracts in such wide-ranging fields as Defense, Power generation, and transportation. Topping the list are the multi-billion-dollar 'Smart Grid' power project, with which the government can monitor (and REGULATE!) everyone's power usage, and the big enchilada- the potentially Trillion-Dollar program to implement the information systems for the health-care bureaucracy. Worth mentioning as well is the fact that BP has been Obama's top political campaign contributor not only as President, but all the way back to his Senatorial campaigns. No one on any side of the issue can deny that during the BP Gulf oil spill, the Obama Administration let BP take the lead in both cleaning up the spill and managing the flow of information about it. The administration even let BP totally disregard the EPA's restrictions on using the highly toxic COREXIT to 'disperse' the oil. Corexit not only allowed most of the oil to settle on the bottom of the Gulf, where it remains- just out of sight of the public- but it also is an endocrine disruptor, which inhibits production of critical brain enzymes and hormones.

Speaking of oil, it is curious that while the official administration line is to 'wean America off of foreign oil', the administration pushed for U.S. Government funding of a $2 Billion dollar loan to the Brazillian Oil Company PETROBRAS for exploration and implementation of offshore oil drilling. The most outrageous part of this story is the fact that days before the deal was announced, international Socialist Billionaire and heavy Obama/DNC/Progressive/Far-Left media puppetmaster George Soros invested heavily in Petrobras stock! Just in time to reap the fat profits that his comrade Barack had enabled.

Topping the list, however, has to be the appointment of William Daley, the Midwest chairman of J.P. Morgan Chase to replace Rahm Emmanuel as White House Chief of Staff. In addition to receiving billions in bailout funding at J.P. Morgan Chase, as well as benefitting from the Banking Laws that allow firms such as JP Morgan Chase to operate as (and take over) bank and bank holding companies, Daley was also instrumental in crafting the Controversial North American Free Trade Agreement (NAFTA). Many respected economists and businessmen, as well as millions of unemployed Americans, credit NAFTA with accelerating the wholesale dismantling of the Industrial Manufacturing base in America, as well as opening up the U.S. Economy to unfair and predatory foreign business and investment. While resigning from the boards of directors of both Boeing Co. and Abbott Laboratories (one of the largest aerospace companies, and one of the largest multinational pharmaceutical conglomerates), White House lawyers also are reviewing whether Daley will have to recuse himself from some White House discussions- to avoid potential conflicts stemming from his work as vice chairman of JPMorgan and his memberships on the boards of Abbot Laboratories and Boeing Co. Daley also divested about $6.3 million in JP Morgan stock, but SEC Filings indicate the the net effect of the transaction was to actually INCREASE his holdings by 61,264 shares to a total of 175,678, with a current market value of $7.66 million. That's reassuring. No conflict of interest there!

With so many internationalist Bankster and Industrialist fingers in the Obama Administration pie, it is difficult to near impossible to make any distinctions between the Obama and Bush Administrations- despite all the class-warfare and anti-business rhetoric coming out of the White House, the DNC and their many surrogates. WHat is clear, however, is the overwhelming influence and control the International Banksters and Industrialists hold over the American Government, it's elected officials and non-elected bureaucrats. In order to root out the corruption in American Government at it's source, what is needed is to sever the ties between the international financial community and Washington D.C.. Until that is even attempted (let alone achieved), any efforts to effect REAL change and reform in our government will be futile efforts that serve only as window dressing to cover up the rot that lies at the core of American Politics.

Thaddeus S. Kaczor, Jr.

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Wednesday, November 10, 2010

QE2: A Monetary Boat Ride to Economic Disaster


"Those who cannot learn from history are doomed to repeat it." - George Santayana

Never have those words been more relevant than today, in regards to the current 'Quantitative Easing 2' massive debt monetization by the U.S. Treasury and the Federal Reserve Bank. Not coincidentally, after the biggest American wave election since the 1930's, a small article on the 'QE2' was buried in the depths of most newspapers (including this one). Given it's portent for changing (and ultimately destroying) the American way of life as we know it, it is no wonder that those who wish to foist this reckless and historically discredited monetary scheme upon an unsuspecting public chose this furtive means to unveil it in relative obscurity.

Now, most articles in the media discussing economics tend to be put in terms too technical and (unnecessarily) complex for the average reader (sometimes even for the writer!), and seem designed to put the reader into a glassy-eyed intellectual catatonic state. But in reality, the Economics practiced by the Federal Reserve Bank and the U.S. Treasury are neither complicated nor boring. In fact, they are incredibly simple to understand, and seriously provocative in a way that endangers both the U.S. Economy and every American's personal economic situation.

On June 3rd, 2009 Federal Reserve Chairman Ben Bernanke promised in
sworn testimony before the U.S. Congress that the Federal Reserve would NOT monetize the debt of the U.S. Government. Debt monetization is the process of a country financing it's deficit spending by issuing, and then purchasing it's own debt. History is replete with examples of this taking place, and none have ended well. Look to modern day Zimbabwe, where this practice has led to a currency devaluation of 98.0% PER DAY. A Harare restaurant will require you to pay in advance, since your meal will rise in price by at least 4% in the time it takes you to eat it. There are the infamous pictures from 1930's Germany, where shoppers used wheelbarrows of Deutschemarks for grocery purchases, as the Weimar Republic currency lost it's value at a yearly rate of 29,500%. From Hungary, Greece and China in the 1940's, to Yugoslavia in the mid-1990's, all of this rampant inflation and devaluation of the currency followed a Central Bank's desperate move to Monetize it's debt. Despite Chairman Bernanke's sworn testimony to the contrary, the U.S. Treasury is today embarked on a foolish and massive Monetization of U.S. Debt on a scale unprecedented in World history.

In more down-to-Earth terms, by issuing, and then re-purchasing (through the Fed) over $600 Billion in Treasury notes this week, the U.S. Treasury INSTANTLY devalues the U.S. Dollar by at least 20%. What costs a dollar today will cost at least $1.20 very soon, and the Fed and Treasury say they plan to issue at least $75 Billion PER MONTH for the foreseeable future! Where is this 'Fiat' or 'money created out of thin air' going to? Directly into the coffers of banks that are members of or participants in the Federal Reserve system. They in turn- rather than lending or investing them in job-producing sectors of the economy- are instead lending the money to other elite Financial Institutions who are then buying up massive amounts of their own stock (at bargain-basement prices); the stock of other companies (or whole companies!); and are following what the Chinese, Indians and other countries and large multinational companies are doing- taking their dollars and dollar-denominated instruments and buying massive amounts of commodities, such as petroleum, foodstuffs, precious metals, and other solid-value investments such as real estate and mines.

What this means for the average person- not just in the US, but around the World- is higher prices for EVERYTHING; food, fuel, utilities, finished goods and on and on. Who among us has not remarked that prices for food, fuel, utilities and health care have been steadily climbing for years now. Of course, if you believe the Government statistics, inflation has been from just 1 to 3% over the last several years. However, changes in methods of calculation and products and services that go into the Consumer Price Index over the last 30 years have distorted what the true inflation rate is. Calculated using the 1980 CPI methods, inflation has been clipping along at about a 10% annual rate for several years now. Just ask any Social Security recipient on a fixed income whether they have seen no inflation over the past two years, as the Government Bureaucrats and Private Central Bankers claim. This foolish 'QE2' debt monetization by the Treasury and Fed (on top of the massive amounts already 'created') will make any recent inflation seem minor- whether you use the 'cooked' inflation figures issued by the government, or the real-world hardships from actual inflation visibly inflicted on all Americans.

Founding Father Thomas Jefferson once warned his and future generations that “A private central bank issuing the public currency is a greater menace to the liberties of the people than a standing army...We must not let our rulers load us with perpetual debt." Jefferson felt as many Americans did that a Central or National Bank would concentrate too much economic power and control in the hands of too few, and saw it as an engine for speculation, financial manipulation, and corruption (financial 'bubble' anyone?). The history of Central Banks in America is replete with corruption, manipulation and speculation, and since it's secretive origins in 1913, the Federal Reserve has not deviated from this destructive path.

The 'Boom-and-Bust' economic cycles and speculative bubbles the Fed
creates and manipulates (such as the S & L crisis, the high-tech bubble, the Mortgage crisis, ad nauseum) merely serve to enrich the international financial banking elite and their corporate and political allies, at the expense of the average American. It is long past time to end this unconstitutional and destructive monopolization of the U.S. Economy by ending the Federal Reserve System once and for all. With a return to a sound and stable historically-proven monetary system- Americans will once again be confident and prosperous, knowing that their country's reins of government financial power are once again Constitutionally controlled by the American people, and NOT a secretive cabal of PRIVATE banksters, bureaucrats and special interests.


From: Thaddeus S. Kaczor, Jr.