Archive for the ‘Government and Politics’ category

Counterfeiting by the Federal Reserve, Although Legal, Still Results in Theft.

September 29, 2012

Counterfeit—1. make an imitation of something genuine so as to defraud. 2. an imitation made to deceive.

The Federal Reserve: The Biggest Scam In History

The Federal Reserve: The Biggest Scam In History (Photo credit: CityGypsy11)

Is it legal for you to counterfeit money and try to purchase goods with your printed dollars? It’s illegal because it is theft. You are exchanging something for nothing. You get a good or service that was the property of someone, and they get a counterfeit bill. When that person tries to use the counterfeit bill in a future exchange and it is swiped with the pen and found to be counterfeit, at that moment he knows the good or service he once owned was stolen.

When the Federal Reserve injects counterfeit money into the economy it’s (more…)

Federal Reserve Money Injections Since 2000 Haven’t Worked as Advertised.

September 27, 2012
Plot of the US Federal Reserve Open Market Pur...

Plot of the US Federal Reserve Open Market Purchases of Repo Mortgage Backed Securities (MBS), 2000–2007; based on US government data from http://www.newyorkfed.org/markets/omo/dmm/historical/tomo/search.cfm (Photo credit: Wikipedia).

In an article by Phoenix Capital Research on ZeroHedge.com, it lists all the money injections by the Federal Reserve and the Government from 2008 through 2012. One way the Fed pushes money into the economy is by purchasing Mortgage Backed Securities from the entities that hold them, namely banks. The mortgage is now on the balance sheet of the Fed, and the money is now held, as reserve currency (numbers electronically created), on account at the Fed. The bank can now loan ten dollars for every one dollar held as reserves. The reason they can do this is because we operate under a ten percent fractional reserve banking system which means, (more…)

Healthy, Hunger-Free Kids Act, Doesn’t Work as Planners Planned.

September 26, 2012
Healthy, Hunger-Free Kids Act of 2010

Healthy, Hunger-Free Kids Act of 2010 (Photo credit: Leader Nancy Pelosi)

“How do you expect us to go through the day and work hard when they give us smaller portions and we’re hungry”. This is a quote by Ashley Chaneco age 13 of Greater New Bedford Vocational-Technical H.S. after school lunch nutritional standards were changed under the “Healthy, Hunger-Free Kids Act”.

In this article, by Natalie Sherman in South Coast Today, you will see what happens when government try’s to intervene into our lives. The price goes up, the quality of the product goes down, people find ways around the law through black markets and smuggling. If the “Healthy, Hunger-Free Kids Act” makes kids hungry, do you think “The Affordable Care Act” will make health care affordable. If you think health care is expensive now, wait until it becomes affordable.

Search – students, black markets, school lunch, – and you will find articles about how students around the country are dealing with the new school lunch mandates. It gives me hope for the future when I see young people acting toward onerous government mandates like our founding fathers acted toward the Kings onerous rules constraining individual freedom.

One question, looking at the picture above, do you think this bill was signed into law to “help the children”, or to help the “adults”.

Failed Policies of the Last Twelve Years.

September 16, 2012
English: Components in the US Money supply bas...

English: Components in the US Money supply based on Federal Reserve historical data (Photo credit: Wikipedia)

When I hear the president say, “We can’t go back to the failed policies of the previous administration”, it leaves me scratching my head. What were these policies, and how different are they from the policies of the present administration? Lets look at the policies during the Bush administration. (more…)

Real Analysis about Middle East Insurgency on SOFREP.COM

September 14, 2012
English: US Navy SEAL Trident Insignia

English: US Navy SEAL Trident Insignia (Photo credit: Wikipedia)

If you want analysis and real information about our military and foreign policy from an inside source, Brandon Webb’s SOFREP.COM is the site for you. Sofrep stands for special operations forces report. Brandon Webb is a former Navy Seal sniper and has a lot of knowledge and access to inside information about the situations going down in the Middle East this week. Read the article “Initial Reports from Benghazi…”, and this article “Stoking the Flames of Insurgencyf Insurgency” for a perspective that not many americans have. Then read this article about Glen Doherty editor on Sofrep, former Seal killed this week while working as a security contracter at the embassy in Libya.

Why should I spend my scarce time learning economic principles?

September 6, 2012
Economics

Economics (Photo credit: markwainwright)

        If  you want to be inoculated from the rhetoric of politicians, journalists and intellectuals, then understanding economic principles is the vaccine for you. Economics is how the world works. If you understand basic economic principles, you will be able to analyze the ideas of the elite and logically  figure out if these ideas are rhetoric or if they have merit. Why is it important to not trust politicians? Once  elected, they are in a position to have power over your decision-making that no other citizen possesses. They can take your freedom in incremental steps. Ronald Reagan said of the U.S.S.R., “Trust but verify.” I think we should change that saying for our politicians to “Verify and remain skeptical.” Economics will help you do both. If you want to know why knowledge about economics is in each persons best interest, you can read an article by Austrian Economist Ludwig von Mises  here at the Mises Institute.