How to Destroy America

Also just for fun let me add these from the goals of the American Communist Party as reported in the Congressional Record in 1963:

17. Get control of the schools. Use them as transmission belts for socialism and current Communist propaganda. Soften the curriculum. Get control of teachers’ associations. Put the party line in textbooks.

18. Gain control of all student newspapers.

19. Use student riots to foment public protests against programs or organizations which are under Communist attack.

20. Infiltrate the press. Get control of book-review assignments, editorial writing, policymaking positions.

21. Gain control of key positions in radio, TV, and motion pictures.

22. Continue discrediting American culture by degrading all forms of artistic expression. An American Communist cell was told to “eliminate all good sculpture from parks and buildings, substitute shapeless, awkward and meaningless forms.”

23. Control art critics and directors of art museums. “Our plan is to promote ugliness, repulsive, meaningless art.”

24. Eliminate all laws governing obscenity by calling them “censorship” and a violation of free speech and free press.

25. Break down cultural standards of morality by promoting pornography and obscenity in books, magazines, motion pictures, radio, and TV.

26. Present homosexuality, degeneracy and promiscuity as “normal, natural, healthy.”

27. Infiltrate the churches and replace revealed religion with “social” religion. Discredit the Bible and emphasize the need for intellectual maturity which does not need a “religious crutch.”

28. Eliminate prayer or any phase of religious expression in the schools on the ground that it violates the principle of “separation of church and state.”

The Top Democrat on the House Financial Services Committee

From: Maxine Waters Appointed Top Democrat on House Financial Service Committee

On Tuesday, House Democrats unanimously selected Rep. Maxine Waters (D-CA) to be the top Democrat on the House Financial Services Committee.

Waters will be the ranking member on the committee that deals with banking issues. Last year, the House Ethics Committee investigated Waters, one of the most partisan members of the Congressional Black Caucus, for allegedly using her position in Congress to bail out a bank in which her husband owned $350,000 worth of stock.

The Ethics Committee cleared Waters of any wrongdoing, because it could not find “clear and convincing evidence” that Waters used her influence and position to directly help OneUnited Bank secure a $14 million federal bailout from the TARP program. Six members actually recused themselves from the investigation.

The Ethics Committee did send Waters’ grandson and chief of staff, Mikael Moore, a letter of reproval for his role in taking “certain actions on behalf of OneUnited when he knew or should have known” of his family’s financial interest.” Waters’ office aggressively lobbied the Treasury Department in 2008 to secure bailout funds for OneUnited Bank.

Moore told the committee he had no idea his grandfather owned stock in OneUnited Bank and said it was an “impossible standard” for him to have to find out whether his family members potentially owned stock in banks for which his office was trying to secure bailout funds.

Melanie Sloan, head of the left-leaning Citizens for Responsibility and Ethics (CREW), said then that Moore’s employment in his grandmother’s office “set the stage for potential problems.”

“In light of this case, perhaps now the Administration Committee will add grandchildren to the list of relatives members may not employ,” she said.

Rep. Jeb Hensarling (R-TX) will chair the House Financial Services Committee, and Waters said she hoped to “reconcile our visions” in the next Congress. The two do not agree on much. Hensarling wants to reform Dodd-Frank, while Waters wants to strengthen the legislation that is crippling small banks with regulation.

Waters also said she intends top push for “housing finance reform” and a financial system that “facilitates economic opportunity and wealth creation for all.”

“Housing finance reform, in particular, will be crucial to ensuring the long-term success and stability of our economy,” Waters said. “I believe we need a financial system that facilitates economic opportunity and wealth creation for all, and I stand ready to work with my colleagues towards that goal.”

The Economy Is Going To Implode Pt.8 of 8

Workbook PDF at: https://dl.dropbox.com/u/32961642/EconomicCollapseWorkbook.pdf

Part Eight Topics

More Lies From Lying Politicians

The Impossibility of Financial Planning Products and “Returns”

Why Inflating Debt Away is Impossible

The New Financial Objective: Holding Wealth Together and Minimizing LOSSES

There is Nowhere to Run

The Need to Position Into Physical Commodities

Quo Vadis? Where Are You Going?

via The Economy Is Going To Implode Pt.8 of 8 – YouTube.

Drachmaggedon! Will Greece Drop the Euro?

Greeks are pulling their money out of banks at the same time that some of its politicians are threatening to leave the euro. Is the eurozone falling to pieces? Will the European debt crisis spread to the US? Find out as the Allen Barton talks to Terry Jones of IBD, and Yaron Brook of the Ayn Rand Institute.

The Progressive Nightmare & The Conservative Solution

The Progressive Nightmare

The Progressive Nightmare, posted with vodpod

The Conservative Solution

The Conservative Solution, posted with vodpod

Hands off my Medicare? Say what?

I just saw a protestor screamjng, “Hands off my Medicare1″. OK I quess we can chalk that up to failures in our education system. At least FDR hid the Social Security Fraud as a type of insurance product in which your “contribution” was used to fund your retirement. Until they had to tell the truth and admit before the Supreme Court that it was just another tax (Heverling v. Davis 1937) and did not convey rights to the taxpayer.

Medicare was never sold to the public that way. It was promoted as our obligation to the elderly and funded by a payroll tax. Thus it became a direct transfer from the working to the retired. I would suggest that Medicare taxes should be sequestered in a separate fund that funds only Medicare . If it runs low, adjust benefits or tax level. It will be highly inteesting to see how much the children of the “Baby Boomer” will be willing to pay for their parents.

Hey maybe we can get a bunch of illegal aliens paying into the system to balance it oyt. /sarc

You keep using that word. Or, There You Go Again.

Consumer confidence falls unexpectedly in May

My Grandmother, a feisty old broad, had a saying for this, “Like a cat trying to cover up on linoleum.” Ever seen it? The Lame Stream Media are trying (very), but don’t you agree the word “unexpectedly is just about worn out?

And this is unexpected?
“Consumers are considerably more apprehensive about future business and labor market conditions as well as their income prospects,” said Lynn Franco, director of The Conference Board Consumer Research Center. She said fears over inflation picked up again in May.

There’s that Word Again, posted with vodpod

There’s That Word Again

From CNBC:

New claims for unemployment benefits unexpectedly rose last week, bouncing back above the key 400,000 level, while core producer prices clumbed (sic) faster than expected in March, government reports showed on Thursday.

Atlas Shrugged Movie Clip: Henry Rearden Comes Home

Demand Atlas Shrugged to your town: http://www.AtlasShruggedPart1.com/get_involved

In response to the overwhelming reception, and seemingly endless debate, accompanying the unveiling of the Atlas Shrugged Movie trailer, we are proud to share with you this very special clip pulled directly from the film.

The scene shows steel maven, Henry Rearden (Grant Bowler), giving his wife Lillian (Rebecca Wisocky) a gift made from his controversial new metal.

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A Grim Fairy Tale

I have been wondering about the seemingly incoherent policies propagating out of the District of Corruption and trying to develop a model of thinking and goals that would be consistent with the insanity. I have had to abandon any thought of citizen or taxpayer well-being or maintenance of American exceptionalism in order to come up with a somewhat consistent model.

The District of Corruption has become, in essence, a wholesale club sized Faculty Lounge that has developed a plan to run the country as a university focused on the welfare of the faculty over the students or the payers of the tuition.

First is the plan to get out of debt seems to be Quantitative Easing III, IV, V, VI, and however many more it takes to make all those outstanding Treasury Bills (and their interest obligations) worthless. The fact that it will impoverish the American citizenry is as Microsoft used to say, “not a bug, but a feature.” It will wipe out the rich as well as the successful and the thrifty, thus putting all citizens’ welfare in the hands of those best qualified to judge a persons worth (no not the free market, that is seen as cruel, unfair and idiotic to the insufficiently rewarded, it must be those with the wisdom of Solomon, the Tenured).

This destruction of the dollar not only gets us out of debt while punishing those so rude to have been more successful in the free market than the new masters, but also sets the stage for the resurgence of America as a “properly structured society.” In other words the serfs need to acknowledge their proper place in the presence of their accredited and credentialed betters.

That brings us to the master stroke. In claiming that the oil companies get a “tax incentive” by writing off business expenses such as depreciation, exploration, and the cost of failed production attempts (things that legitimate costs of doing business in every other business, just bigger numbers in the oil business), the stage is set for the DOE to revoke all leases and nationalize the oil fields. After the dollar has been destroyed and whether the new currency that purchases oil is a “basket of currencies” or the PetroBuck® the wealth in the oil fields of what was previously called the United States will be more than enough to support the proletariat in their virtual slavery while the masters party like Nero. Issuing decrees as the Gods from Olympus (you have to “properly guide” those serfs, dontcha know?).