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Wednesday, November 30, 2011

Two Different Types of Men

"Men by their constitutions are naturally divided into two parties: (1) Those who fear and distrust the people, and; (2) Those who identify themselves with the people, have confidence in them, cherish and consider then as the most honest and safe depository of the public interest."


- Thomas Jefferson (1743 - 1826) the 3rd American President and principal author of the Declaration of Independence

Guess which group the politicians in Washington, D.C. fall into?

Tuesday, November 29, 2011

The Audit of the Fed

This article was recently sent to Cowboys, the link to the full article is here.


The article is titled: Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts. If anything,...anything at all is accurate about this article, then a full and complete audit needs to accomplished, and accomplished quickly before any additional damage is done. There just may be something to the fact that notable conservatives like Jim DeMint, Ron Paul and dishonest liberals like Sanders and Dennis Kucinich want the same thing.



"There are two ways to conquer and enslave a nation. One if by the sword. The other is by debt."

- John Adams (1735-1826), 2nd American President, quote written in 1826 before his death.

The article begins and ends with the below. but please go to the link above to read the entire one page article.

The first ever GAO(Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for a Federal Reserve audit in the Senate, but watered down the original language of the house bill(HR1207), so that a complete audit would not be carried out. Ben Bernanke, Alan Greenspan, and various other bankers vehemently opposed the audit and lied to Congress about the effects an audit would have on markets. Nevertheless, the results of the first audit in the Federal Reserve’s nearly 100 year history were posted on Senator Sander’s webpage earlier this morning.

Americans should be swelled with anger and outrage at the abysmal state of affairs when an unelected group of bankers can create money out of thin air and give it out to megabanks and super-corporations like Halloween candy. If the Federal Reserve and the bankers who control it believe that they can continue to devalue the savings of Americans and continue to destroy the US economy, they will have to face the realization that their trillion dollar printing presses will eventually plunder the world economy.

The list of institutions that received the most money from the Federal Reserve can be found on page 131 of the GAO Audit and are as follows..

Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
and many many more including banks in Belgium of all places

View the 266-page GAO audit of the Federal Reserve (July 21st, 2011):

http://www.scribd.com/doc/60553686/GAO-Fed-Investigation


Source: http://www.gao.gov/products/GAO-11-696

Full PDF document on GAO server: http://www.gao.gov/new.items/d11696.pdf

Senator Sander’s Article:
http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3

Monday, November 28, 2011

Gingrich's Immigration Plan

Republican presidential candidate Newt Gingrich is being bashed about by other conservatives who are accusing him of advocating amnesty for illegal immigrants after the comment's Newt made at the last debate in Washington, DC.

Gingrich faced harsh criticism after suggesting that some illegal immigrants with close ties to their community should not be deported. Gingrich's says "Several of my friends were explicitly distorting what I said, even though they knew better. So I think it takes a few days to clarify that in fact what they are saying isn't true."

Under Gingrich's plan for immigration reform, the federal government would establish a system of local boards to determine whether illegal immigrants could be permitted to remain in the United States based on their ties to the community. Gingrich's say's it's based on the World War II model of draft boards where the local community selected who would be drafted and who wound not. "It requires
trusting citizens rather than bureaucrats. It's a jury system for local communities."

Gingrich added that he thought that immigrants eligible to stay should have spent at least 25 years in the country, have close ties to a community and a family, but predicted that most would voluntarily leave. But Gingrich also said, at the debate, that the Republican party is the party of family, and (we) can't rip families apart who have been here for 25 years.

On the Gingrich's website, there is a plan that outlines several steps that would need to be taken before implementing the local board plan:

Secure the border by January 1, 2014;

Make it easier to deport people; set up a guest-worker program;

Streamline the visa process;

Make English the official language of government;

Promote immigration among high-skilled foreign workers (especially those with skills in math and science);

Punish employers who hire illegal immigrants;

Require immigrants to take a comprehensive test on American history;

Then set up the boards to determine who can stay and who should leave.

"I have a very clear position," Gingrich says,....... "I have not suggested amnesty for 11 million people.....I am for a path to legality for those people who's ties are so deeply into America and would truly be tragic to try and rip their family apart."

No matter what you think of Gingrich's plan or position, I think he is being honest and practical, as opposed to other conservatives' calls to find, detain then deport up to 25 million illegal aliens. Doing that is just not practical. What say you?