Flash Editorials February 18, 2012

February 18, 2012

By Russell D. Longcore

To watch this article as an animated video, click here.

The Nation: Up until a week ago, the House Republican leadership insisted that if they were going to support the extension of the payroll tax “cut,” there had to be spending cuts equal to it. This week, John Boehner and his buds figured out that Obama was going to hang a tax increase around their necks in an election year. So, they folded like a house of cards. This should prove yet again that principle has no chance in the US Capitol. The Republicans know that in order for American wage-earners to keep getting this cut, the Congress will have to borrow more hundreds of billions to pay for it. Neither side will cut spending.

The Nation II: In last week’s caucuses in Maine, the Republican Party chief Charlie Webster helped Mitt Romney steal the caucus from Ron Paul. Webster refused to count votes from key precincts. Fortunately, the hue and cry on the Internet about this travesty is putting huge pressure on Party bosses to recount and try honesty. We’ll see what happens. Ron Paul may get his first state victory, but not without a knife fight. Now if someone would go back to Iowa…

International I: China has very quietly sold off hundreds of billions in US Treasury debt, and their holdings of our debt are still dropping. The crafty Chinese are getting rid of toxic assets (heard that before?) and taking US Dollars in payment. And what are they doing with those dollars? Buying gold. China financed the American bubble economy on the way up, and Washington is financing China’s rise as DC circles the drain. Learning Mandarin yet?

International II: Russia sent a message to Washington this week about war in the Middle East. They said openly that if Washington started a war, Russia was within their rights to use nuclear weapons to retaliate on behalf of their own interests. They consider Syria and Iran as their interests. How stupid can DC be?

International II: US Defense Secretary Leon Panetta openly stated that Iran is not enriching fissionable material to create nuclear weapons. He stated that Iran is only using uranium for their peaceful nuclear electric power program. So why is his boss trying so hard to go to war with Iran? Two reasons: (1) Iran wants to stop accepting only dollars as payment for oil; and (2) because the State of Israel wants war with Iran. There is not one benefit for Iran to make hostile acts against any other country. Back from 1980-1988, it was Washington-backed Iraq that started the 8-year war with Iran. When is the last time that Iran started a war with another nation? My research finds an incursion into India…in 1738.

Shameless Plug: If you have a business, a product or a website, you’re always looking for ways to promote and make new sales. One of the best ways to promote your business for free is to write articles about your products or services. Anybody can write a short article, perhaps 350-400 words. Think about it. You are likely an expert on something. Then go to Super Article Directory and we will publish it! Join over 61,000 other authors who post articles at our Directory. And the best thing is that publishing articles at Super Article Directory is FREE!! Publish your articles with us and watch your traffic increase! Check it out at www.SuperArticleDirectory.com.

Business: Google’s motto is “Don’t Be Evil.” But their real motto is “Do What I Say, Not What I Do.” Google got caught violating the privacy of anyone using the Safari web browser. Seems Safari wrote code to protect visitors’ privacy and prevent data mining. But the propeller-hats at Google hacked Safari and have been selling data from Safari users. It’s unethical, immoral and if it’s not illegal, it should be. This perfectly demonstrates the arrogance of Google. If you have ever tried to make money with Google Ads, you know how impossible it can be to win. But karma is a bitch. Google pulled the algorithm.

Economy: The number of actual new unemployment claims under state programs, unadjusted, totaled 361,928 in the week ending February 11th. But last Friday night, all the news broadcasts touted lower unemployment rates. The rate of new claims weekly has been over 350,000 for A YEAR. This economy ain’t gettin’ any better, friends.

Sports: Jeremy Lin is a great story. Asian-American brainchild, led Palo Alto High School to a State title in basketball. No college athletic scholarship. Accepted at Harvard, played for four years and set Harvard scoring records as well as Ivy League records. No NBA draft. He was offered contracts by Golden State and the LA Lakers. The Warriors picked him up in 2010 and cut him in 2011. The New York Knicks picked him up. On February 4th, his last half-second rainbow won the game against the New Jersey Nets. Now he’s a star and he’s packing fans into Madison Square Garden. Never…never…never give up.

Entertainment: Have you ever had someone in your life that was an addict? You watch this amazing person self-destruct and you are powerless to stop it. Meanwhile, it tears out your heart and messes up your life. Whitney Houston landed on this earth with stunning beauty, immense singing talent and a heart filled with love. She just could not seem to love herself. I will miss her.

DumpDC. Six Letters That Can Change History.

© Copyright 2012, Russell D. Longcore. Permission to reprint in whole or in part is gladly granted, provided full credit is given.


Left-Right Paradigm Is A Hoax

February 17, 2012

by Chuck Baldwin

There may have been a time when the words “conservative” and “liberal” meant something, but that time is no more. Today, “conservatives” in government are doing as much to promote Big Government, as are “liberals.” In fact, if one were to honestly evaluate the twelve years of the George Herbert Walker Bush and G.W. Bush administrations, one could say that “conservatives” even eclipse “liberals” in promoting Big Government. Under the two Bushes, the federal government expanded (and even exploded) to levels that for-real liberal Democrats could only dream about.

Let’s get realistic. Just because a politico says he or she is “pro-life,” or “pro-family,” or “pro-marriage,” etc., does not mean that they are going to do anything to help save the country. Come on, folks; think! “Conservative” Republican administration appointments have dominated the US Supreme Court since the infamous Roe v. Wade and Doe v. Bolton decisions that effectively legalized abortion-on-demand. And we are no closer to overturning Roe and Doe after almost forty years of electing “pro-life conservatives” than we were the year after the Roe and Doe decisions were rendered. And for the first six years of the 21st Century, “conservative” Republicans dominated the entire federal government, and still the Roe and Doe decisions stand.

And when it comes to marriage and family, there is not a darn thing that Washington, D.C., can do to “save” it. Washington can no more “save” the family than it can “create” jobs! Washington is not God–the attitudes of most Washington politicians and national newscasters notwithstanding.

Herein lies the real problem: both “conservatives” and “liberals” expect Washington, D.C., to be the panacea for all the nation’s ills. Oh, the left and right come to Washington expecting different solutions, but they both come to Washington, D.C., for the solution. Both “conservatives” and “liberals” expect the federal government to “fix” America. But, in this regard, Ronald Reagan spoke with great profundity when he said, “Government [especially the federal government] is not the solution to our problem; government [especially the federal government] IS the problem!”

Both “conservatives” and “liberals” look to the federal government to establish and enforce their parochial agendas. “Liberals” look to Washington for the establishment of “social justice,” while “conservatives” look to Washington for the establishment of “military justice.” The net result is the federal government keeps getting bigger and bigger regardless of who controls the White House, Congress, or Supreme Court.

“Conservatives,” whether Christian or not, are just as culpable in the expansion of Big Government as are “liberals.” In fact, when it comes to the expansion of military adventurism, “conservatives” are the most culpable. And when it comes to the ever-burgeoning police state that is currently taking shape in the United States, “liberals” and “conservatives” are equally to blame. Let’s face it: both “conservatives” and “liberals” are in the midst of an intense and illicit love affair with Washington, D.C.

The way many “conservatives” have embraced the candidacy of Rick Santorum is a prime example of how skewed their understanding of historic, constitutional principles really is. Santorum goes around talking about “pro-life” and “pro-family” issues, while his voting record in the US Senate demonstrates that he is just another conservative-talking, big-spending politician. He has voted for so many Big-Government bills and endorsed so many Big-Government toadies that it is incredible that anyone could refrain from laughing out loud when he calls himself a “conservative.”

To check the factual record of Senator Rick Santorum, go here:

http://tinyurl.com/75yw3jp

By the same token, it is absolutely incredible that “conservatives,” especially Christian “conservatives,” could so quickly and firmly reject the candidacy of the man who most likely is going to go down in history as the greatest congressman to ever sit in the US House of Representatives, Congressman Ron Paul of Texas. Patrick Henry was probably the greatest Governor that the United States has ever seen; and Daniel Webster was probably the greatest Senator that the country has ever seen; and I am personally convinced that history will regard Congressman Ron Paul as our greatest US House member. For his entire political career, Congressman Paul has stood like a rock for the fundamental principles of liberty and constitutionalism, and, yet, many “conservatives” reject his Presidential candidacy. They would rather support Big-Government toadies like Rick Santorum, Newt Gingrich, or Mitt Romney. Egad!

Have people not wondered why the direction of the country has not changed one iota regardless if “conservatives” or “liberals” are running things? One would think that at some point people would wake up to the fact that until we start electing civil magistrates who take their oaths to the Constitution seriously, and who truly understand the nature of our federalist form of government, and who are truly committed to the preservation of the Bill of Rights, and who truly understand and appreciate the jurisdiction and authority of the states, nothing is going to change in this country. Nothing! And in 2012, there is only one man in the Presidential field who has an intellectual grasp and moral commitment to all of the above: Ron Paul. I will say it yet again: it will not matter to a tinker’s damn if anyone other than Ron Paul is elected President in 2012.

Furthermore, if Americans do not wake up to the importance of electing State governors, attorney generals, senators, legislators, and county sheriffs who understand that their primary responsibility as a State office holder is to safeguard the rights and liberties of the citizens of their respective states FROM THE USURPATION AND OVERREACH OF THE FEDERAL GOVERNMENT, our liberties are lost–no matter how many “conservatives” we elect!

Ladies and gentlemen, face it: the left-right paradigm is a hoax! It creates false conflicts and masks true problems. It caters to the increase of socialism on the one hand and fascism and corporatism on the other hand. It saps our strengths and augments our weaknesses. It blinds our eyes to the warning clouds above us and deafens our ears to the sounds of the sirens around us. It turns friends into adversaries and adversaries into friends. It dulls our senses and sharpens our illusions. It removes true courage and gives false hope. It sullies our character and shines our betrayal, and it puts shackles around our feet and greases the skids of oppression.

Instead of worrying about whether one professes to be a “conservative” or a “liberal,” we should be concerned about whether the people we vote for understand the fundamental principles of liberty and constitutional government and have the moral character to defend such principles at all costs. Furthermore, we should be concerned that both “conservatives” and “liberals” look to government for the solutions to our problems instead of looking to the Natural Law principles of our Creator. Yes, Martha, the Golden Rule really does matter–even in Washington, D.C.

P.S. Readers should know that I have withdrawn my candidacy for Lieutenant Governor of the State of Montana. Here is my press release in this regard:

“Yesterday (Sunday, February 12), I called gubernatorial candidate, Bob Fanning, and told him that I was withdrawing my name as a candidate for Montana’s Lieutenant Governor. When Bob and I announced my candidacy for Lieutenant Governor here in Kalispell, I said, ‘We are in this race to win.’ I realized then that, in order to be competitive, there were certain criteria that had to be met. I knew our campaign had to raise a sizeable sum of money; and knew that we had to put together a quality campaign organization. Since making our announcement back in November, this campaign has accomplished neither task. Therefore, it is more than obvious to me that this campaign has no chance of being successful in the primary elections. And I have too much respect for the people of Montana than to ask them to support a candidacy that cannot at least be competitive. People who believe in a political campaign enough to invest their time and hard-earned money in it have a right to expect that the candidates they support can deliver a successful campaign.

“I believe that my departure from the Governor/Lieutenant Governor race will allow me to continue to pursue whatever opportunities the people of Montana would believe were best suited for those abilities and attributes that I may have in our mutual pursuance of liberty and constitutional government. And, no, I will not endorse a gubernatorial candidate at this time.

“I wish Bob Fanning much success in his future endeavors and am honored that he would ask me to be his Lieutenant Governor running mate.”

I want to thank readers for their support and prayers for me and my family as we continue to fight for the principles of liberty and constitutional government in our country, and especially in the great State of Montana.

© Chuck Baldwin


The Illegals: Another Angle

February 14, 2012

by Fred Reed

From many Americans, though from fewer who have any idea what they are talking about, you could get the idea that illegal immigrants are brown sludge, the lazy and shiftless, the least intelligent of their countries, those unable or unwilling to make a living at home, who therefore go the the US to live on welfare. A certain paucity of logic informs much of this. If they come to live on welfare, how do they take the jobs of Americans, a crime of which they are regularly accused? But I note this only in passing. I do not mean to suggest that logic or knowledge have a place in politics.

The fact is that the illegals come to work, and do, well and hard, which is why conservative patriotic busnessmen block attempts to restrict immigration.

Which would be easy to do. Again, they come to work. Don’t hire them, and they won’t come. Illegals don’t take jobs from Americans. Americans give them the jobs.

But, whatever you think of the Latin hordes, it may be interesting to know a little about them. Let’s wing it.

Consider a man of twenty living in the slums of , say, Tegucigalpa with his wife and two small children. The local economy is a disaster. He can barely feed his kids, much less send them to school. “Barely feed them” is not a concept many Americans understand. It means that their stomachs hurt, that their physical development is threatened, that they cry and ask for food. Any parent who doesn’t do anything possible to feed them, to include robbing banks, is irresponsible. Ask yourself what you would do.

So Pablo and Maria talk it over, and decide that the only way out is for him to go to the US, work, send money home and, just possibly, eventually bring the family to America. There are good reasons why Americans might not approve his plan. From Pablo’s point of view, watching his kids starve, it is the only plan.

Getting from Honduras to San Francisco or South Carolina is dangerous, very dangerous. Crossing the Guat border means braving the Mexican police, who are brutal and corrupt. Typically the migrants go north through Mexico by riding on the roofs of cargo trains. It is not for the weak. On the trains they are subject to attacks by gangs, as for example Mara Salvatrucha, products of Reagan’s romantic meddling of El Salvador. The “Mara” is from “marabunta,” a swarm of army ants. The Maras are savage, sadistic, and live by robbing migrants of the money they have saved for the coyote, often beating them into cripples and raping the women. I would much rather do a tour on the ground in Afghanistan than ride those trains. It is safer. In Afghanistan you eat, do not have to drink from filthy pools beside the tracks, and do not spend nights on top of a box car in jeans and tee shirt during a sleet storm. Call the migrants anything you like, but leave out
“gutless.”

Women also make this trip, for the same reason: to send money home for their kids. Don’t, please, tell me about oppressed co-eds at Dartmouth.

So Pablo, perhaps months later, gets to Laredo. Let us say that he started out with $2000 US, which is roughly what a coyote costs, and has managed not to be robbed of it. If he has it, it was probably put together by his extended family by forgoing shoes, food, what have you. He now finds himself in a city that preys on people like Pablo. He has little idea what he is doing. Twenty years in a slum in Teguce doesn’t make you wise in the ways of the Mexican-American frontier. The police will rob him, perhaps torturing him to find out where he has stashed the money, if indeed he has any, and send him back to Honduras. Nasty gangs will do the same, except for deporting him. Migrants drown trying to swim the Rio Bravo.

Several ways exist of crossing into the US. You can find a desert crossing poorly guarded and hope not to be killed by rattlesnakes or get lost and die of thirst. In the Mexican press I have read of tunnels thorough which 150 illegals pass per night. At $2k each, that’s $300,000 a night in a great tax bracket. Or a coyote can get you across and, if he doesn’t just take your money and disappear, he may put you into a van, and off you go. Bingo.

Once away from the border, things get easier for Pablo. He may work a few days to get bus fare to Raleigh-Durham, where he has a friend. With the friend’s help, he gets a job in construction. Here the American national hypocrisy works to his advantage. The construction firm of course knows perfectly well that Pablo is undocumented. Companies love illegals. It means that they can pay him dirt, no benefits, no Social Security, and he can’t complain without getting deported. In any contest between money and patriotism, money wins. American immigration officials catch just enough Pablos to keep the rest intimidated, but not enough to reduce the supply of cheap labor. It is a sweetheart deal for businessmen.

Pablo may or may not be a model uncitizen, may drink too much, may use drugs, or go into crime. Or he may not. He is very likely to send money, substantial amounts of it, back to Tegucigalpa. In Jalisco, where I live in Mexico, remittances from migrants are a crucial part of the economy. Pablo also is not unlikely to begin planning to bring his family to the US.

Family values. Putting his life on the line for his children. The work ethic. All that.

Is massive immigration good for the US? I doubt it. Are all the illegals wonderful people? No. In the long run will there be a happy ending? I don’t know; to date there hasn’t been.

Yet men and women who will claw and save for a coyote, and ride that godawful train, at dead serious risk of being raped, robbed, tortured and beaten into medical curiousities left beside the tracks, who will cross into a hostile country whose language they do not know, and live in constant fear of being caught, all to feed their families and just maybe give them a better life in a better place…I think they deserve other than utter contempt.

All original material © Violeta de Jesus Gonzalez Munguia
www.FredOnEverything.net


Flash Editorials February 10, 2012

February 10, 2012

By Russell D. Longcore

The Nation: Mitt Romney got his ass handed to him in two caucuses and one primary this week. I realize that no delegates were in play, but what does it say about Romney when he gets beat by Rick Santorum, a wannabe conservative lightweight? Even Ron Paul beat Mitt in Minnesota. Tells me that voters would still like to see someone other than Romney as the candidate. But I still think he’ll win eventually.

The Nation II The Obama Administration has given the Catholic Church the Judas kiss. Catholic bishops signed off with their support of Obamacare a couple years back. Now, the Department of Health and Human Services issued regulations that require all non-church religious institutions (schools, hospitals, etc.) to provide employee health insurance that covers contraception, sterilization and drugs like the “morning after” abortifacient pill. Last time I checked, Catholics teach that using contraception is sin. The tyranny is breath-taking, and is a direct assault on the First Amendment. But the old Constitution has no authority to control the Federal government, so why should anyone be surprised that the Feds ignore it blatantly? The Feds know that America will not rise up, but will bitch a little and then comply.

The Nation III Congress passed The FAA Reauthorization Act which orders the Federal Aviation Administration to develop regulations for the testing and licensing of commercial drones by 2015. Barack Obama is expected to sign the bill. That means privacy and surveillance issues galore. That also means that the heavily armed Predator drones could be flying in American airspace soon. The FAA projects as many as 30,000 drones could be watching America overhead by 2020. America is there no level of tyranny to which you will refuse to stoop?

International: The brain-damaged bullies in the Obama Administration don’t seem to be able to leave anyone alone. It’s not enough to breathe out threats to Iran. Oh, no. Washington has to stick its nose into the Syrian civil war. Now the Barry Bunch are trying to slap penalties and sanctions on the Syrian government in an effort to overthrow the Assad regime. Fortunately, when the Obama Oddfellows tried to push this through the Security Council of the United Nations, China and Russia vetoed it. Perhaps Bashar al-Assad should step down, but it’s none of DC’s business.

Business: One of the reasons folks tune into the Super Bowl is for the clever advertisements. I remember an ad from years back that showed cowboys trying to herd cats. I have no idea what they were trying to sell, so I’m guessing that ad wasn’t very effective. This year’s crop of ads were lackluster at best. I didn’t laugh out loud at one of them. But a 30-second spot cost an advertiser $3.5 million this year. Is it worth it? When your ad reaches over 100 million people at once, it might be. Plus, if your ad is great, you’ll get people around the water cooler repeating your ad for days thereafter. But what counts is whether or not sales increase because of the Super Bowl ad. Who knows?

Shameless Plug: If you have a business, a product or a website, you’re always looking for ways to promote and make new sales. One of the best ways to promote your business for free is to write articles about your products or services. Anybody can write a short article, perhaps 350-400 words. Think about it. You are likely an expert on something. Then go to Super Article Directory and we will publish it! Join over 61,000 other authors who post articles at our Directory. And the best thing is that publishing articles at Super Article Directory is FREE!! Publish your articles with us and watch your traffic increase! Check it out at www.SuperArticleDirectory.com.

Sports: Giants, baby! The best story to come out of the Super Bowl is about Tom Brady’s wife Gisele getting caught telling the truth about Tom’s teammates. She was recorded saying (with expletives): “My husband can’t throw the ball and catch the ball at the same time”…or words to that effect. At least we know that this supermodel was watching the game. Tom’s teammates dropped passes that were right in their hands in the last drive of the game. Gisele said the same thing that most every Patriots fan said, whether at the game or watching somewhere else. So, why is she catching a ration of shyt for it?

Entertainment: Super Bowl’s halftime show provided no entertainment whatsoever. Madonna lip-synced her way through her odd dance routines, and then it was thankfully over. One of her supporting cast members, a no-talent called”MIA,” flipped the world the bird while on camera. It was a cynical and brilliant move to gain attention. The NFL leadership should be ashamed that they insulted their audience with this crap. For Christ’s sake, it’s only a 12-minute gig. Can’t they find a decent act to perform 2-3 songs and behave themselves? Between Janet Jackson and Madonna, you guys in the NFL office suck at choosing talent.

DumpDC. Six Letters That Can Change History.

© Copyright 2012, Russell D. Longcore. Permission to reprint in whole or in part is gladly granted, provided full credit is given.


Regulatory Democracy

February 7, 2012

from The Daily Bell

(Editor’s Note: This article defines the United States of America today, and shows you what a seceding state must be sure it does not replicate.)

The easiest way to define regulatory democracy is to look at what America has become. Initially, America was formed by its Constitution as a republic. This means, in part, that people did not have a direct vote as to who represented them. In the case of the Senate, state senators voted on representatives. Additionally, majority rule did not prevail when it came to electing presidents. Instead, an electoral college was created to determine the results of close elections and a candidate had to receive a majority of state delegates to the electoral college to win the presidency.

Over time this republican system has eroded. Most notably, Senators are now elected by majority rule in public votes and state senates have no say over the choice of federal senators. The balance of power in America has shifted, as well. Some of this has to do with the raw force of money power. Corporations are now recognized as humans by the Supreme Court and thus corporate money power has greatly perverted what was left of the republic. People are easily swayed by promotional messages (often delivered and reinforced by the mainstream media) and the transition to public schools has left government with a virtual monopoly over youth messaging, the theme of which is often globalist.

It is difficult to avoid the conclusion, if one looks closely at how the US system of governance has evolved, that the evolution of regulatory democracy was simply one of happenstance. The defining moment of the republic was the Civil War, when states tried to secede and were restrained. After this the various facets of regulatory democracy were erected with efficiency.

If we look at American regulatory democracy today – as it has evolved from a republican form of government – it is marked most notably by overwhelming federal force. In opposition to the core tenets of the US Constitution, federal power continually devolves to the executive branch of government and the shadowy elites that stand behind the executive branch. One could argue that a hallmark of regulatory democracy is the constant centralizing of power within the executive branch even as power is withdrawn elsewhere.

A second aspect of regulatory democracy is that regulations themselves are promulgated by a variety of extra-governmental entities over which voters have no direct control. Regulations offer the illusion of fairness and a level playing field but in actuality, the regulators suffer from regulatory capture in which the largest regulated entities essentially run the regulators at the expense of smaller players.

In a fully developed regulatory democracy, power has passed entirely from citizens into the hands of a shadowy elite that runs the country via mercantilism, by pulling the regulatory levers of government for its own benefit. The more regulations there are, the more actual control this elite has. Finally, citizens are entirely bound by regulation; their every action controlled by an unelected bureaucracy and their lives tightly ruled by what they can and cannot do. Their estates are stripped by taxes; their children come under the mind control of public schools; their sons and daughters, having matriculated, join the military for lack of better employment and are sent overseas to pursue foreign wars; their professional venues are controlled by the options offered to them by regulatory democracy – and these venues often reinforce the worst and most petty aspects of the degenerating society itself.

Every regulation, of course, is a price fix, and price fixes distort the economy and lower the quality of life for all. The more regulations there are the worse the quality of life becomes, the more unemployment rises and lawlessness and corruption rule the day. Regulation makes criminals out of honest individuals and encourages the schisming and fractioning of society into bitter, competitive groups. Regulation holds out the promise of better living by making society fairer and more lawful, but in actual fact, advanced regulatory democracies are among the most lawless, brutal and predatory societies. Republics are a viable form of government; regulatory democracies create a true Hell-on-earth.

© Copyright 2008 – 2012 All Rights Reserved. The Daily Bell is an informative compendium of independent economic views and analysis, which is published by The Foundation for the Advancement of Free-Market Thinking (FAFMT).


Flash Editorials February 3, 2012

February 4, 2012

By Russell D. Longcore

Are you ready for CPX Foxtrot? I am. It’s coming soon.

The Nation: Mitt Romney won big in Florida. Then he got an endorsement from Donald Trump. Exhilaration followed by faux excitement. If you saw the press conference in which Mitt accepted the ho-hum endorsement of The Donald, you surely must have noticed the vacant smile on Mitt’s face. It was embarrassing for both men. Kind of like having your drunk crazy uncle give you a long toast at your wedding.

The Nation II: US Defense Secretary Leon Panetta announced that Israel was going to attack Iran later this spring. Somebody that still has some sense in DC…if such a person exists…had better tell the SecDef that Iran has some friends who won’t take too kindly to air strikes in Iran or boots on the ground. That would be Russia, India and China. Surely, Washington doesn’t think they and Israel can get away with this. World War III, here we come. My guess is that in the diplomatic back-channels, China will quietly explain to Mr. Obama that if DC or Tel Aviv go ahead with military attacks, China will dump a few hundred Billion in US Treasuries into the bond market and crash the market. That move would effectively destroy the Dollar and America would be over, as well as Israel. That’s The Art of War…the Sun Tzu way.

International: Microsoft founder Bill Gates, computer genius, is a moron about giving away his fortune. Being supportive of ending disease and increasing food supplies worldwide sounds like a good thing. But he pushes vaccinations and genetically modified seeds all over the world. Most vaccinations are full of thimerosol, a deadly toxin that causes autism. And GMO seeds produce modified food, and study after study have shown that the food is not good for any mammals, including humans. GMO seeds have been banned by China for import. Gates’ foundation is tied to Monsanto and Cargill, both in the GMO business, and also tied to Big Pharma like Merck, which pushes the dangerous drug Gardisil.

International II: I read a story this week by a writer that was horrified that children in the African nation Ivory Coast are forced to work in the cocoa fields like slaves. Does this mean that we’ll soon see “conflict chocolate”, like the politically correct “conflict diamonds?” And, since women are the ones who receive most of the diamonds and chocolate, don’t look for female outrage over this issue.

Business: Facebook is going to do an Initial Public Offering (IPO) for its stock very soon. The company expects to raise about $5 Billion, which would make the value of the company between $75 and $100 Billion. Before you go getting all tumescent about it, you might want to read a story in The Daily Bell. Seems they are convinced that Facebook is an intelligence data-mining operation backed by the CIA and others.

Shameless Plug: Heard about SOPA yet? The Stop Online Piracy Act purports to protect intellectual property on the Internet, but critics say the bill will give the entertainment industry the power to censor your website it THEY deem that you are infringing somebody’s copyright. They could actually block your domain name or Internet Protocol (IP) address. Don’t expect your Congressman to read this bill. They don’t read bills anymore. Bob Parsons, Founder of GoDaddy.com, took an early position in favor of SOPA. But the “free market” spoke to him, and he pulled his support. We here at BigGenieDomains.com are completely opposed to SOPA, and we know that the law is unconstitutional. Come see us for all your domain registry and webhosting needs.

Economy: Even in the press release at the Department of Labor, DC lies to us. The raw number of actual new unemployment claims filed during the week ending January 28 was 415,094. Then they “seasonally adjust” the number down to 367,000, which is a rounded number. I’m throwing the bullshit flag on the Department of Labor.

Sports: I hope the New York Giants win the Super Bowl. The Super Bowl event has gotten out of control. It’s a circus, and this year, in the halftime show we get 12 minutes of the clown Madonna. Really? You can’t do too many old hits in 12 minutes, and most adults I know don’t even like her. I’ll head for the kitchen when halftime starts.

Entertainment: “American Idol” contestant Adam Lambert has been chosen to take Freddie Mercury’s place as lead singer in the rock group “Queen.” Jeez, if it’s the same band that played with Freddie, they’ve got to be in their 60s. If Freddie were still alive he’d be 66 (born in 1946). The band was originally formed in 1971. Here’s wishing Adam great success singing all their old tunes, and hopes that he doesn’t die of AIDS like Freddie did.

DumpDC. Six Letters That Can Change History.

© Copyright 2012, Russell D. Longcore. Permission to reprint in whole or in part is gladly granted, provided full credit is given.


How Will The American Economy Die?

February 2, 2012

by Russell D. Longcore

I have been writing about secession now since May of 2009. One of the constant themes of my writings is that secession is not going to happen in America until and unless the economy collapses. AFTER it collapses. A lot of what I’ve written has been perception, conjecture and prediction based in reason. But much of that conjecture and many of those predictions are now coming true. Tick. Tock. It’s not a case of “If,” like there was a possibility that America could avoid collapse. Now, it’s simply a countdown to inevitability.

The following is a plausible and likely scenario of the death of the American economy.

First, the money goes.

The world economic system is built upon two things: (1) fractional reserve banking and (2) fiat money. There is not one nation on earth that has a commodity-based money and currency. Keynesian economics, taught in nearly every college Econ curriculum, is so ubiquitous…so ingrained…that it is like the dye colors in your shirt. No amount of washing gets the dye out.

Is there a banker on earth that does not use fractional reserve banking? Money is created out of thin air and pumped into the world economy. It would be impossible without fiat currency…the currency considered to be money because some government says that it is. When your currency is backed by “the full faith and credit of” your government, and nothing else, and your government goes broke…your currency is not far behind. In the regular world, issuing paper money with nothing behind it is called “Counterfeiting.”

The power in Washington is built on those two things above and add a third: the US Dollar is the world reserve currency. Being the world reserve currency was brought about back in the early 1970s when Nixon negotiated a deal with the House of Saud, in which Nixon guaranteed the Saudis that he would protect their kingdom from their neighbors if they agreed to (a) use only the US Dollar to settle oil payments, and (b) use their surpluses to buy US Treasury debt instruments. Over time, the Dollar became the currency all nations used to settle all kinds of commercial transactions. This reserve status gave the USA a tremendous advantage over all other nations. The blowback of unintended consequences is that many foreign nations own trillions of US Debt, and that gives those nations leverage over Washington. For a good look at who owns US Debt, CLICK HERE.

Right now, in real time, Washington is making plans to make war upon the nation of Iran. They are using the excuse that they must keep Iran from possessing nuclear weapons. The reality behind the scenes is that Iran started an oil bourse (a commodity exchange) on Kish Island in 2008, specifically to begin trading their own oil in currencies other than the US Dollar. That is a grave threat to the reserve currency status of the Dollar. Previously, Iraqi President Saddam Hussein announced that Iraq was going to begin accepting payments for oil in Euros, not Dollars. What happened to him? Muamar Gaddafi of Libya was buying enormous quantities of gold bullion with the intention of creating an African dinar, a gold-backed money for all of the African nations to use. Where is Gaddafi now?

“But so what?” you may ask.

The only thing that maintains the purchasing power of the Dollar is its world reserve status. You already know that the Dollar has no precious metals backing it. The Dollar only has the “full faith and credit of the United States” behind it. But Washington is many dozens of trillion dollars in debt. Some estimate that the US has over $100 Trillion of debt. Just a week ago, the United States current Federal budget debt limit reached $15 Trillion, and that is equal to the Gross Domestic Product (GDP) of the entire nation. So we owe more now than we take in annually.

Any action by any other nation that threatens the world reserve currency status of the US Dollar panics Washington. They must snuff it out by whatever means necessary. Even war.

But they cannot.

Iran has powerful friends around the globe. Just last week, Iran inked a deal with India to sell them oil for gold. Iran will do the same with China. Russia will pay with gold and rubles. And, because Iran sits on an ocean of oil, and many nations rely upon its oil for survival, Iran will defeat Washington and its allies who have set up embargoes against Iran.

The whole world does not have to forsake the Dollar all at once to send shock waves through Washington. But more and more nations are rejecting the terms of the DC/European embargo against Iran. On Thursday, Turkey announced that they would not participate in the embargo. Turkey is a very crucial ally to DC. One at a time, nations will find that they can do business around the world in their own currencies or in gold.

But here’s another unintended consequence, and a potential trigger for the collapse of the Dollar. As nation after nation decide they do not need the Dollar, they will do what they can to rid themselves of American currency and American debt. Nations around the globe have purchased US Treasuries. Now they will have no need for the bonds, and will want to sell them. Questions come up: Who will buy them? And what are they worth?

What happens when you offer bonds for sale and no one buys them? You have very expensive wallpaper or toilet paper. What happens when you CAN sell them, but at pennies on the Dollar? You take staggering losses.

One other problem is timing. In order to reclaim some value for US Treasuries, your nation’s bond traders must have perfect timing to offer enough bonds for sale but not so many that it triggers a bond market collapse. Then to find buyers at acceptable prices? It is not reasonable to believe that every nation will find buyers at all, at good prices and not create a bond market crash.

So, built into the global process of forsaking the US Dollar as the world reserve currency are the seeds of the Dollar’s collapse. Either the bond market collapses as nations get out of the Dollar, or getting out of the Dollar causes the value of the Dollar to collapse. Keep in mind that if the Dollar were as “good as gold,” no nation would want to jettison the Dollar.

Dear Readers, there is no third choice that prevents the collapse of the Dollar.

What Does Collapse Mean?

There can only be one meaning for the word “collapse.” Hyperinflation is that collapse. Think about it. Inflation is the loss of purchasing power. Inflation that occurs over decades is like death by a thousand cuts. Americans for the last 80-plus years are used to inflation and the loss of their purchasing power. In hyperinflation, what took perhaps 40 years to lose a certain amount of purchasing power can easily happen in 40 days…or even 40 hours. There will come a day soon here in America when the Dollar will not be accepted between buyers and sellers for even the simplest transactions. It happened in Zimbabwe. I presently own 160 Trillion in Reserve Bank of Zimbabwe currency, and I paid six dollars for it.

The American Dollar has purchasing power…value…now because the world uses it. And the nation with world reserve currency status that is inflating its money will continue to pay its debts with fiat currency, which is losing more and more value. Once an unknown number of nations stop…or even just slow down…using the Dollar for international trade, the value of the Dollar will evaporate. I say “unknown” because it’s not just the number of nations that is important. It is the economic might of the nations that stop using the Dollar. If the BRIC nations…Brazil, Russia, India and China…arguably the four strongest non-USA world economies…continue the process of weaning themselves off the Dollar, it will have drastic and sudden repercussions for the Dollar.

Also remember how this world turns. The business day in Berlin, Rome or Athens is six hours ahead of the American East Coast. A bond market collapse could start in a European bond market at 9:00 am in Berlin while it’s 3:00 am in New York. The Dollar could get hammered on foreign markets for six hours before the banks open in New York, or the New York Stock Exchange opens for business at 9:30 am. Americans will be completely defenseless against the collapse.

Washington’s Response

The politicians in DC will be powerless to stop the financial carnage because they cannot control the value of a currency that others refuse to use. The Federal Reserve may pump additional trillions of greenbacks into the American economy, but at some point, wheelbarrow loads of paper money won’t buy you a loaf of bread. This will cause the Federal bureaucracy to grind to a halt as Federal union employees refuse to work for worthless money. And how will Washington pay its military personnel? How will state governments pay their law enforcement officers and prison guards? Society will collapse at that time. It will be The End Of The World As We Know It.

You see, when the VALUE of the American Dollar ceases to exist, our bubble society will also cease to exist. This is why I hold the position that once the economic system in America fails, Washington will be entirely unable to stop secession. And that only the collapse of the Dollar will trigger the desire for secession.

Here is the mental picture I want you to form when thinking about the world economic system. Blowing soap bubbles. You dip a drinking straw into the bubble liquid and begin blowing on the dry end of the straw. Hundreds of bubbles of many sizes will form, expand and then pop. For a hundred years the world has experienced economic bubble after bubble…boom, bust, recession, depression, real estate, housing, tech stocks, mortgages but to name a few. But don’t miss this! When fractional reserve banking and fiat money run the world, ALL ECONOMIC ACTIVITY IS A BUBBLE that must eventually burst.

This has been a hard article to write. The subject is one of life or death for billions around the world, and millions on our own continent. I take no joy or satisfaction in this article, save the satisfaction of knowing that some of you will read this and act to save yourself and your family.

Think. Use your brain. Do not let anyone tell you how to think or do your thinking for you. Question ALL authority. Free Your Mind.

Secession is the only hope for humanity. Who will be first?

DumpDC. Six Letters That Can Change History.

© Copyright 2011, Russell D. Longcore. Permission to reprint in whole or in part is gladly granted, provided full credit is given.