Commentary  &  Opinion 

     Quack Off    

by Free Market Duck

(Note: To contact FM Duck, please send email to FreeMarketDuck@hotmail.com  To prevent spam, please insert the word Quack Off in your email's subject line.  Thanks.)

03-07-2010
Our World Balances on a Sea of Debt…  More...

02-17-2010
Wall Street's Bailout Hustle…  More...

02-10-2010
European Central Bankers Poised to Take Over Europe…  More...

02-05-2010
Secret Banking Cabal Emerges From AIG Shadows…  More...

12-21-2009
ObamaCare is not about health care; it’s about control and profits.  Oddly enough, it’s not the insurance companies; it’s the central bankers…  More...

12-07-2009
How Big is a Trillion Dollars?  More...

12-02-2009
Boise Trolley Folly DOES Justify Legislative Intervention  More...

11-06-2009
Federal Reserve to Switch to New "Scratch 'N Sniff" Currency  More...

10-27-2009
New Government Health Care Plan Struggling to Find "Single Payer" Name  More...

10-26-2009
Jesus appoints Obama as "Associate Christ"  More...

09-23-2009
Has Congress become an anachronism?  More...

09-18-2009
Leftist Boise Mayor Dave Bieter in secret meetings to blow $560 million of federal welfare dollars on downtown Boise streetcar named “Desire”… or is that a streetcar named “Huge Deficit?” More...

09-8-2009
Hey, kids, got game?  Got rap?  Wanna be a rich movie star?  “That isn’t hard work,” says Obama, “and chances are you ain’t gonna be any of those things.”  More...

09-8-2009
"Obama's speech to schools:  what civics lesson will parents teach their kids?”  More...

09-1-2009
Ted Kennedy: "Lion of the Senate" or Drunken Homicide at Chappaquiddick?  More...

08-14-2009
Two Governors Bankrupt Idaho's Highways, or Who let the GARVEE bonds out?  More...

08-07-2009
"National" health care?  Stop thinking in terms of "collectives," we are individuals  More...

08-05-2009
Fed Reserve, America's legal counterfeiting ring   More...

08-05-2009
Off Balance Sheet, Out of Mind  More...

07-23-2009
National Health Care is illogical  More...

07-09-2009
The Fed Must Be Stopped  More...

06-17-2009
Idaho Congressmen introduce Federal Streetcar Revitalization Act of 2009…ask for $300 Million to build streetcars across America…$65 Million for Boise  More...

06-12-2009
Idaho Statesman supports spending $65 million of federal stimulus booty for Boise Trolley Cars  More...

05-31-2009
Idaho Statesman thinks socialist economics can enrich economy and create Idaho jobs  More...

05-05-2009
The Idaho Transportation Solution  More...

04-23-2009
B of A CEO ordered by Fed Reserve and U.S. Treasury to shut up about Merrill Lynch's billion dollar losses   More...

04-23-2009
Boise's Watergate is alive and well as Idaho's SBOE allows U of Idaho to raid private U of Idaho Foundation for $111,000 to pay for new U of I Prez   More...

04-08-2009
Failed $250 Million University Place fiasco participant, Bob Hoover, named as president of the Idaho Community Foundation  More...

03-13-2009
More Voo-Doo Economics: "Good Bank, Bad Bank"  More...

02-17-2009
The Great "Stimulus" Hoax  More...

02-13-2009
Why President Obama’s Trillion Dollar “Stimulus” Package is Unconstitutional – Part 2  More...

02-12-2009
Why President Obama’s Trillion Dollar “Stimulus” Package is Unconstitutional – Part 1  More...

02-01-2009
Petition of the Electric Light Bulb Manufacturers  More...

01-20-2009
Obama parties down at most expensive Inauguration in history -- over $170 million -- as U.S. falls further into huge Recession  More...

12-25-2008
Is The Medicine Worse Than the Illness?  More...

12-17-2008
Idaho Statesman prints insightful Reader’s View by young economist, “Don’t fall for the Big 3’s doomsday predictions – they’re unlikely”  More...

12-14-2008
Did U.S. Attorney Fitzgerald jump the gun in premature arrest of Gov. Blagojevich?  More...

12-11-2008
Idaho Statesman editors publish whitewash of Weatherman bomber Bill Ayers to save Barack Obama…
then, up pops the FBI and Illinois Gov. Blagojevich…  More...

12-07-2008
Idaho Statesman parent McClatchy confuses socialism with free market  More...

11-29-2008
Boise’s Watergate morphs into Nampa's and Caldwell's Watergate to pay for Oregon community college in Idaho  More...

11-17-2008
Victoria's Secret Reorgs as Savings & Loan Bank, Qualifies for Treasury's $700 Billion Bailout Booty  More...

11-14-2008
Stable Money Is the Key to Recovery  More...

10-31-2008
Is America on the verge of electing a socialist Islamic terrorist supporter as U.S. President?  More...

10-25-2008
U.S. bankers whine for 30 seconds, kiss Godfather Paulson’s ass, then sign off on bank nationalization  More...

10-10-2008
‘Toys R Us’ offers to bail out U.S. economy with
injection of $700 Trillion in cash from Parker Bros. Monopoly Game…
Sweetens deal by throwing in Marvin Gardens  More...

10-06-2008
Recession 2008: The blind leading the blind  More...

09-26-2008
Congressman Ron Paul's answer to President Bush's $700 Billion bailout   More...

09-24-2008
Sec of Treasury Paulson suspends U.S. Constitution, anoints himself Wizard of Oz, demands $700 billion to unclog nation’s toilets…
Will Congress assume Dying Cockroach Position?   More...

09-15-2008
Money, money everywhere, nor any drop to drink...
U.S. Dollar is pulp fiction  More...

09-11-2008
Weekend at Fannie's  More...

09-08-2008
Idaho Statesman pushes Fascist Business Model as “Vision for the Valley”  More...

09-06-2008
Look out!
Pistol Packing Mama, Gov Sarah Palin, blasts her way into the Republican National Convention...
accepts VP slot with John McCain  More...

08-29-2008
McCain chooses Idahoan Sarah Palin, a moose-hunting, fisher-babe, free market Governor of Alaska, as Vice Prez running mate on GOP ticket  More...

08-23-2008
Idaho stockpiles $500 million to $1 billion tax surplus on top of last year's $224 million surplus?  More...

08-19-2008
Washington politicians lie about true size of budget deficit  More...

08-12-2008
Corporate Welfare Alive and Well in Idaho  More...

08-01-2008
"Covered Bonds" new mortgage gimmick by "Banksta Gangsta" Treasury Sec Hank Paulson  More...

07-17-2008
History of Fannie Mae and Freddie Mac reveal gross corruption, fundamental flaws  More...

07-03-2008
Zimbabwe inflation hits 1,000,000% per year…
Government central bank issues new $50 Billion denomination notes as paper currency becomes worthless  More...

06-23-2008
Idaho Supreme Court enforces socialist health care law…
Taxpayers must cough up $187,000 for illegal immigrant’s heart attack  More...

06-04-2008
Obama-Clinton “nightmare ticket” promises to drag U.S. down the road to serfdom via Marxist socialism  More...

05-30-2008
Idaho Pub Ed System Run by Village Idiots?...
State Board Asks Feds to Restart Failure Clock for “No Child Left Behind” Program  More...

05-23-2008
Global Monetary Recap - 1944 to 2008  More...

05-21-2008
Kempthorne Hugs Polar Bears, Bankrupts America  More...

05-16-2008
Yeah, Kempthorne, "Cough up" those gubernatorial records, will ya?  More...

05-11-2008
Idaho:  nuclear waste dump of America  More...

04-22-2008
2008 Legislative Report Card for Idaho: F-minus More...

04-01-2008
Fed scientists discover new element in Periodic Table of Elements:  Paper  More...

03-25-2008
Gov Butch Otter signs corporate welfare Bill for $2 billion Uranium-235 enrichment plant to set Idaho up for Perfect Nuclear Storm:  a radioactive, volcanic firestorm on top of Snake Plain Aquifer's Lake Erie  More...

03-17-2008
Who Killed the U.S. Dollar?  More...

03-08-2008
Prescription for Prosperity:  A Comprehensive Economic Revitalization Plan   More...

03-13-2008 Revised
Idaho Grocery Tax Rebate to equal 9/10 of 1% of your grocery bill?... Ooooh, Whoop-tee-doo, Governor  More...

03-03-2008
Idaho Grocery Tax Rebate to equal 3/10 of 1% of your grocery bill?... Ooooh, Whoop-tee-doo, Governor  More...

02-22-2008
Idaho Legies create Perfect Storm:  yellowcake plus Yellowstone plus Snake Plain Aquifer equals radioactive Super Volcanic blast  More...

02-14-2008
Parliament of Whores admonishes one of their own  More...

02-10-2008
Anybody Seen Our Gold?  More...

02-06-2008
(Updated 02-14-2008)
GOP and Liberal Disconnected Thought Globs (DTGs) dominate 2008 presidential debates  More...

01-31-2008
Earmarks for Idaho are good but earmarks for Alaska are bad, says Idaho Statesman  More...

01-29-2008
Osama to visit Boise on Saturday  More...

01-28-2008
Smoke 'n Mirrors Economic Stimulus Package:  $600 for you, $730,000 for Fannie Mae & Freddie Mac  More...

01-24-2008
The Paper Chase:  Dollar becomes pulp fiction as Fed injects trillions into the market... But Dollar is not real capital, thus cannot stimulate economy  More...

01-19-2008
Federal Reserve drives U.S. into Super Recession, then Depression, then Martial Law  More...

01-10-2008
New Thought Police Bill passes U.S. House 404-6, awaits Senate vote  More...

01-01-2008
U.S. Federal Reserve Note:  America's Pulp Fiction  More...

12-28-2007
Who shot Pakistani ex Prime Minister Benazir Bhutto?  More...

12-19-2007
Idaho Congress-crooks Sen. Larry "Wide Stance" Craig and Rep Mike Simpson rob all Americans for Idaho earmarks More...

12-18-2007
Goldman Sachs creates subprime slime with left hand, shorts subprime slime with right hand More...

12-17-2007
Ada County to operate Detox Center for drunks & dopers?  Cost to taxpayers: $1.8 million per year  More...

12-14-2007
Central Banks Conspire to Hyper-Inflate Global Economy  More...

12-11-2007
Boise's Watergate fiasco continues as Univ of Idaho plans to blow $300 million on new marketing campaign  More...

12-10-2007
Why should Boise's "Special Olympics" be funded by taxpayer earmarks and what is the true concept behind the "Special Olympics?"  More...

12-07-2007
President Bush, Sec of Treasury Paulson save America's subprime home borrowers...you bet... Just Call Hotline to Mortgage Heaven: 1-888-995-HOPE  More...

12-03-2007
U.S. Treasury to Bail Out Billionaire Bankers on Wall Street Under Guise of Saving Subprime Borrowers  More...

12-01-2007
Idaho Gov Butch Otter Holds Secret Meeting to Tax Inner Tubes on Boise River  More...

11-26-2007
Idaho's Property Tax Solution  More...

11-16-2007
The Fed's "Prime Interest Rate" Joke  More...

11-09-2007
Idaho Statesman's parent McClatchy posts $1.4 billion loss in 3rd Qtr  More...

10-29-2007
The AMT - Worst Piece of U.S. Tax Legislation  More...

10-29-2007
What is The Master Liquidity Enhancement Conduit?  Hint: It's not a plastic flex straw to a bottle of Ripple wine  More...

10-17-2007
Can Idaho U.S. Senator Larry Craig be recalled?  More...

10-13-2007
How to Recall Idaho U.S. Senator Larry Craig  More...

10-10-2007
Will the real $50 please stand up?  More...

10-03-2007
President Bush and Federal Reserve bankers plan for nationwide bankruptcy with fake 3-week flu test  More...

10-01-2007
Idaho to implement ButchCare?  More...

09-25-2007
Wherein lies the value of today's paper money?... The solution:  abolish fractional reserve central banking, the Federal Reserve and govt monopoly of money; allow private minting and free choice of currencies - Part 5  More...

09-20-2007
Wherein lies the value of today's paper money?... The problem:  unconstitutional  Federal Reserve plays Quantitative Economics (as if econ is physics) rather than Qualitative Economics, which is based upon individual rights and freedom - Part 4  More...

09-17-2007
Wherein lies the value of today's paper money?... Derivative markets now exceed half a quadrillion dollars or $500,000,000,000,000 of non-collateralized paper - Part 3  More...

09-16-2007
Wherein lies the value of today's paper money?...or, the root cause of today's monetary crisis and impending recession - Part 2  More...

09-15-2007
Wherein lies the value of today's paper money?...or, the root cause of today's monetary crisis and impending recession - Part 1  More...

09-05-2007
Boise's Toiletgate morphs into Pinocchio-gate as Senator Craig's nose mysteriously grows another 2 feet overnight  More...

09-02-2007
Senator Larry Craig did not resign and hired two lawyers, 1 for the Ethics Committee and 1 for the Minneapolis men's room debacle   More...

08-31-2007
Senator Larry Craig's abuse of power & lame excuses are symptomatic of long list of GOP political abuses in Idaho - Part 1  More...

08-23-2007
J'accusse, Mr. Federal Reserve did it with the Candlestick, the Rope, the Revolver, the Knife, the Wrench, and the Lead Pipe in the House, the Senate, the University, and Wall Street  More...

08-13-2007
Ada County Commissioners condemn own property through eminent domain...
Pay Cryptic Partners $3.2 million in fake "takings" - Part 1  More...

08-11-2007
Central bankers redefine "hyper-inflation" as "liquidity"... Inject over $326,000,000,000 into global economy to stave off stock market crash & recession  More...

08-10-2007
NY Stock Market crashes 387 points as sub-prime fiasco hits Germany, France  More...

08-09-2007
WSJ, Fox News pretend Ron Paul votes for earmarks  More...

08-08-2007
"The Fix" is still in, new community college trustees interview only 1 person for Prez... and guess what?  He got the job!  More...

07-30-2007
Harry Potter dies on page 597... in Boise  More...

07-18-2007
"The fix was in... But that's OK; This case warranted an inside job." -- Dan Popkey, Idaho Statesman  More...

07-17-2007
Is the War in Iraq a Mafia-style protection racket: U.S. military protects OPEC and OPEC promises to use only inflated petro-dollars?  More...

07-10-2007
Ex Ada County Commish Judy Peavey-Derr threatens libel lawsuit against Deep Throat II More...

07-05-2007
Idaho Senator Craig loses Illegal Immigration Amnesty bill...Does Craig support prison inmates picking Idaho crops? More...

07-03-2007
U.S. Constitution not signed by authors  More...

06-28-2007
"Bong Hits 4 Jesus"  More...

06-14-2007
Court transcripts reveal judge knows University Place fiasco was a financial scam and who the perps were More...

06-14-2007
Cheap Community College "need" is a hoax...BSU rated cheapest university in the nation by US News & World Report More...

06-13-2007
Ada County screws taxpayers, again...pays Cryptic Partners $1.4 million for $900,000 office space in Eminent Domain settlement  More...

06-08-2007
NO campaign thanks YES campaign for abuse of Absentee Ballots, encourages re-vote by mail  More...

06-07-2007
Scientists slap Bible Bangers' definition of "when does life begin" upside their diploid totipotent cells  More...

06-06-2007
What is America's greatest moral challenge?  More...

05-29-2007
Yo, Rudy, follow the money  More...

05-26-2007
What is paper money? More...

05-02-2007
Sec of Interior Kempthorne offers quid pro quo worth billions of dollars to Louisiana Sen Mary Landrieu  More...

04-19-2007
Supreme Court takes giant step backwards  More...

04-06-2007
House Speaker Pelosi violates U.S. Constitution and Logan Act, commits felony by impersonating Sec of State Condoleezza Rice on trip to Middle East  More...

03-28-2007
Education math scores drop across the state as Idaho teachers, administrators, and coaches vacation to Ireland and China on your tax dollars  More...

03-25-2007
Idaho GOP Legies add $400 million pork to Demo's Iraq War Bill  More...

03-23-2007
Idaho taxpayers subsidize new Micron plant in China  More...

03-19-2007
Ex Gov Kempthorne's original $3 billion Highway Plan exceeds $6 billion... Idaho Statesman says, "Pass the budget, no strings attached"  More...

03-14-2007
Low carb diet kicks government's low fat guidelines in its big fat butt  More...

03-09-2007
The paper chase... Interest rate arbitrage between the Yen and the Dollar  More...

03-08-2007
Bullet train from Boise to Meridian derailed as billion dollar local option sales tax bites the dust...poof  More...

03-01-2007
Stock market plunges 416 points in one day   More...

02-26-2007
"An Inconvenient Truth" morphs into "Convenient Lies" as Hollywood Oscars regurgitate 30-year old Doomsday baloney from the 1970s  More...

02-23-2007
Judge cries at Anna Nicole Smith hearing...wins Oscars for Best Actor, Worst Director  More...

02-22-2007
World Wide Monetary Inflation...the not-so-Good, the Bad, and the Ugly  More...

02-18-2007
Boise's Watergate morphs into Librarygate as Urban Renewal Agency picks Bodo developer for unconstitutionally-funded $130 million "Library Blocks" project  More...

02-16-2007
CAMBR fraud at U of  Idaho?  More...

02-11-2007
Who's Your Favorite Socialist Candidate for the 2008 Presidency?  More...

02-09-2007
Oink-Oink, Boise City Council Feeds at State & Federal Pig Troughs  More...

02-08-2007
Big Brother mandates vaccine for 11-year old girls  More...

01-31-2007
Ada County Commissioners condemn new Ada County Courthouse, then use Eminent Domain to confiscate their own property... huh?  More...

01-22-2007
Where in Hell did Our 3 Branches of Government Go?  More...

01-18-2007
The Real Purpose of the Federal Reserve  More...

01-17-2007
European Union Dumps German, Officially Adopts English as Universal Language  More...

01-15-2007
GOP "Intellectuals" Propose Socialist Job Corps Program to Rebuild Iraq  More...

01-08-2007
Kempthorne Plays "Polar Bear Politics"  More...

01-02-2007
Boise State outsmarts Oklahoma with Statue of Liberty fake pass, Wins Fiesta Bowl 43-42 in nail-biting overtime  More...

12-30-2006
Saddam Hussein
1937-2006  More...

12-29-2006
Shell Oil hires ex Sec of Interior Gale Norton...Conflict of interest?  More...

12-26-2006
"Black box" trading on the Big Board...is it legal... is it moral?
Part 2  More...

12-19-2006
"Black box" trading on the Big Board...is it legal... is it moral?
Part 1  More...

11-30-2006
U of I Wallace pleads guilty to state criminal charges in $136 million University Place fiasco...no fine and 3-year probation  More...

11-19-2006
If Idaho "needs" more nurses, let supply and demand in the free market automatically solve the "problem"  More...

11-17-2006
Boise "needs" a detox center like it "needs" another snort of crack  More...

11-17-2006
If Boise's "Library Blocks" project is unconstitutional, then why isn't the Courthouse project unconstitutional?  More...

11-10-2006
The Demos are coming, the Demos are coming, so now what?  More...

11-01-2006
Bag Boy Wallace Charged with Felony in U of Idaho Crime Spree...Major Perps Skate Free?  More...

10-27-2006
2006 Nobel Economist praises "Dynamic Capitalism" by assuming socialist principles  More...

10-20-2006
Voters, not the Idaho Transportation Board, must approve billion dollar highway expenditures for "Connecting Idaho"  More...

10-17-2006
Wall Street Journal physics readers argue Big Bang Theory  More...

10-06-2006
Prop 1: Idaho Teachers' union earmarks 1% of sales tax for itself  More...

09-27-2006
Anti-gay marriage amendment unconstitutional  More...

08-31-2006
Does University Place's secret civil settlement constitute "burying of public info?"  More...

08-30-2006
WSJ thinks function of Fed Reserve is "maintaining an overall stable price level"  More...

08-25-2006
Idaho leads world in "Fat Pill" production  More...

08-19-2006
Are Idaho's "Rainy Day Funds" unconstitutional?  More...

08-18-2006
Federalist Papers do not grant warrant-less searches or carte blanche wire tapping to President  More...

08-14-2006
Bodo developer proposes Boise's Watergate method to rip down, rebuild Boise main library  More...

08-07-2006
Idaho Baptists launch missiles against California Catholics?  More...

07-18-2006
Boise needs a Drug Czar like it needs a Snicker-doodle Czar  More...

07-17-2006
Billionaires Waren Buffet and Bill Gates fall ill to socialist philosophy  More...

05-31-2006
Grand Inquisitor visits Auschwitz  More...

05-22-2006
U.S. Treasury issues new Scratch N Sniff currency  More...

05-12-2006
10 Reasons why Idaho Governor Kempthorne should NOT be confirmed as Secretary of the Interior  More...

05-08-2006
Is it simply La Cage aux Folles at the Kempthorne Confirmation Hearing or will somebody ask a real question?  More...

04-24-2006
U.S. Constitution declared unconstitutional...
not signed by its authors, or anybody else  More...

04-17-2006
Idaho Teachers' union pushes Initiative for  Guaranteed Annual Income by earmarking 1% of sales tax for itself  More...

04-10-2006
University Place perps agree to not sue themselves...Pay each other $8.3 million...Cryptic Partners remains as possible 'fall guy' - Part II More...

04-03-2006
University Place perps agree to not sue themselves...Pay each other $8.3 million...Cryptic Partners remains as possible 'fall guy' - Part I More...

03-27-2006
JFAC gives blank check for Governor Kempthorne's Highway Robbery  More...

03-20-2006
Boise's Watergate goes to Washington... Governor Kempthorne nominated as Secretary of Interior  More...

03-06-2006
Is Idaho's $3 Billion GARVEE Highway Debt Unconstitutional?  More...

02-20-2006
Why Idaho's Anti-Gay Marriage Amendment is Pretended Law...Part II  More...

02-13-2006
Why Idaho's Anti-Gay Marriage Amendment is Pretended Law...Part I  More...

02-06-2006
Why we don't need property taxes...Part II  More...

01-30-2006
Why we don't need property taxes...Part I  More...

01-09-2006
Santa 'Clause' shows up to save Florida's Teachers' Union  More...

09-19-2005
Did Japanese mafia steer Hurricane Katrina down Bourbon Street for fun and profit...or revenge?  More...

09-12-2005
Why we don't need FEMA or Boise's "Blueprint for Good Growth"  More...

09-05-2005
Should Idaho abolish property taxes and implement a flat sales tax?  More...

08-22-2005
Gov Kempthorne is not our "CEO"  More...

07-11-2005
Ethnomathematics  More...

06-20-2005
Fat Idaho  More...

04-18-2005
The Fuzzy Math of U.S. Coinage  More...

04-11-2005
Birth:  Nature's Transfer of Private Property Rights  More...

03-14-2005
Whose Collective Rights?  More...

02-28-2005
Is Micron Whining for Corporate Welfare or Demanding Free Market Capitalism?  More...

02-21-2005
Catholicism in Latin America Morphs into Socialism  More...

01-31-2005
Oil Companies Turn Earth into Giant CO2 Soda Pop Bottles  More...

01-24-2005
Idaho Legislature Repeals Itself? ...
Anti-gay Marriage:  The State vs. The Individual  More...

01-17-2005
Idaho's Looming Fake Health Care "Crisis" More...

10-25-2004
America's Intellectual Hierarchy More...

09-27-2004
Eats, Shoots & Leaves
A panda walks into a café.  He orders a sandwich, eats it, then pulls out a gun and blasts two shots into the ceiling.   More...

10-11-2004
Anti-gay Marriage:  The State vs. The Individual  More...

10-04-2004
Evolution Of Math Instruction In California Public Schools  More...

Why Johnny Can't Read  More...

Does surgery for cancer cause more cancer?   More...

When Good Cells Go Bad (cancer:  who's right: viral theory or trophoblast theory?)  More...

Health Care Is Not A Right  More...

Must see movie out on DVD:

"V" for Vendetta...
"The people should not be afraid of their government; Governments should be afraid of their people."

   “Who are you?”

   “Who?  Who is but the form following the function of what, and what I am is a man in a mask.”

   “Well, I can see that.”

   “Of course you can.  I’m not questioning your powers of observation.  I’m merely remarking on the paradox of asking a masked man who he is.”

   “Oh, right.”

   “But on this most auspicious of nights, permit me then, in lieu of the most commonplace sobriquet, to suggest the character of this most dramatis personae:

   Voila!  In view, a humble vaudevillian veteran cast vicariously as both victim and villain by the vicissitudes of fate.

   This visage, no mere veneer of vanity, is a vestige of the vox populi, now vacant, vanished.  However, this valorous visitation of a by-gone vexation, stands vivified, and has vowed to vanquish these venal and virulent vermin vanguarding vice and vouchsafing the violently vicious and voracious violation of volition.

    The only verdict is vengeance, a vendetta, held as a votive, not in vain, for the value and veracity of such shall one day vindicate the vigilant and the virtuous. Verily, this vichyssoise of verbiage veers most verbose, so let me simply add that it’s my very good honor to meet you and you may call me V.”

    Did You Know...?   

   The Ten Commandments contain 297 words.  The Bill of Rights is stated in 463 words.  Lincoln's Gettysburg Address contains 266 words.  A recent federal directive regulating the price of cabbage contains 26,911 words.

   Amendment X to the Constitution of the United States, together with Article I, Section 8, prohibits the U.S. Congress from involving itself in cabbage pricing, education, health care, personal safety, campaign financing, most criminal law, toilet capacity, the banning of amino acid supplements (such as tryptophan), vitamins (such as B-17) and thousands of other things it has gotten away with so far.

       Quickie News Briefs     

Tuesday March 09, 2010

--  Tue Mar 09  Idaho Rep Lenore Barrett (R-Challis) has introduced a bill, H0622, to legalize gold and silver coins and electronic ounces as legal tender in the state of Idaho, competing with the Federal Reserve's pulp fiction dollars.  Very briefly -- and we will analyze this for you later and then put it into (1) street talk for the average Joe Doe, and (2) context within the meaning of both the U.S. Constitution and The Federalist Papers -- Rep Barrett's Gold and Silver Bill appears to solve the major counterfeiting problem of the Federal Reserve called "fractional reserve banking" in which the Fed claims it's OK to print up ten times or more in paper money than exists as hard specie, gold or silver, in their bank vaults.  All on the flimsy basis that the entire population will not suddenly dash into the bank and try to redeem their paper notes for gold.  Fractional reserve banking is simply another name for robbery or inflation of the paper money supply so the Fed can loan out more money, non-backed money, and thus earn more interest than they could in a non fractional reserve system, i.e. a 100% gold standard.  Fractional reserve banking has morphed to a new high, however, since, at present, there exists NO requirement whatsoever that the Fed maintain ANY gold or silver whatsoever as backing for Federal Reserve Notes.  That's how far off we've gone from real Constitutional money.  Rep Barrett's Legal Tender Bill, in essence, allows freedom of choice for money and removes the monopolistic requirement that only Federal Reserve Notes can be legal tender.  More to come on the analysis of this Idaho Bill soon...

--  Sat Mar 06  Yo, cow girls, pull up the floor, zip yo lips, listen up, and pour yourselves another hot cup of Rocket Java.  Hey, I was woofing down high carb lasagna -- bad, bad boy -- at a GOP Women's "Read" -- pronounced red -- Luncheon at the Crystal Ballroom in the Hoff Building in downtown Boise the other day with 50-75 babes dressed up in red jackets when someone mentioned that the Idaho Establishment Elites are busy controlling and manipulating some $11 Billion stashed away in various Rainy Day Funds.  After they scraped me up off the floor with a pancake flipper at hearing this whopping big figure, $11 Billion in mysterious funds, and wiped the lasagna off my red sweater vest so I could still blend in with the interior decoration of the GOP luncheon theme, which you may have guessed by now was red, I asked the anonymous tipster, "Holy moley, are you sure?" question # 1, and, "What's your source for this financial information bomb?" question # 2.  The reason this is important is because $11 Billion is about 5 1/2 times the entire annual budget of Idaho and the Idaho Constitution declares that all tax monies obtained in each fiscal year must be expended in that fiscal year.  No carry over of funds to next year.  Even if you cleverly rename it, "Rainy Day Funds," or "The Governor's Favorite Slush Fund," or "It's Mine, all Mine..."  And no multi-year debt is allowed unless explicitly granted by a two-thirds majority vote of the voters who showed up to vote -- as opposed to the total number of eligible voters but they stayed home with potato chips and the TV remote.  No provision exists in the Idaho Constitution for Rainy Day Stash Funds, even though the Progressive Socialist Idaho Statesman editors continually report the existence of all kinds of Idaho Rainy Day Funds for Public Education (hundreds of millions of dollars stashed away) and virtually every politician from Gov. Butch Otter to all the politicians in the Idaho State Legislature simply look the other way, if  anybody even has the cajones to ask about this little illegal financial creative accounting baloney.  I have not verified whether this information is true or false, but I soon will, and you will be the first to know, girl friends, as I then report the details just before they shoot me in the ass for revealing the existence of this Grand Robbery, revealing that the King is standing there naked as a jaybird.  If it is true, and I'm not saying it is, then several questions come to mind, like:  (1) Who the fudge is managing this $11 Billion Rainy Day Booty, i.e. investment-wise? (2) What accounting methods besides Enron or Wall Street investment bank off-the-books accounting has been set up for audits to prevent the managers from skimming?  (3) By what Idaho Constitutional right does ANYBODY in Idaho rake off and keep $11 Billion in taxpayer money to do with as they please?  And (4) just what the hell are they doing with all this loot?  If this alleged stashing away of $11 Billion does, indeed, turn out to be untrue or not provable -- there is a difference -- then we can put these questions to rest and go back to watching the Broncos whip Oklahoma and the Horned Toads, washing down our Fritos and Guacamole cheeps with a Coors Light.  But curious minds want to know -- especially since $11 Billion divided by 1.5 million Idahonians equals $7,333 for every man, woman, and child in Idaho.  That means a big fat rebate check of $29,332 for a standard family of four, or $73,330 for the standard Mormon family of 10, or $146,660 for each bigamist Catholic-Mormon-Muslim-Buddhist dude with 5 wives (God help you at night, dude, decisions, decisions) who have 4 children each and trying to juggle all his wives' Master and VISA cards and, oh yeah, all the kids' iPhones with unlimited texting.  I hope you have a Verizon Family Plan, Mr. Greedy.  Yeah, dude, you're going to need that $146,660 rebate bucks just to pay for all the kids' monthly texting charges, never mind that big screen 65-inch Plasma TV, and the latest PlayStation software in which Banjo Bazooie Meets Godzilla at the Chicago Mercantile Exchange for lunch.

--  Fri Mar 05  President Owreck the Economy says he wants a simple "up or down vote" using the Senate's Reconciliation provision for his NAZI Health Care Proposal.  But the Senate's Reconciliation method was meant to be used only for small financial revisions to the budget, not for pushing a multi-trillion dollar hunk of socialist health care ideology.  It is, in fact, illegal to use the Senate's reconciliation methodology for implementing non-financial social issues such as  ObamaCare.  So, OK, let's let the American people vote, and, oops, they already have and according to all the polls, the people voted 70-90% thumbs down and about 20% thumbs up.  You lose, Obama.  Never mind about using the Senate Reconciliation methodology.  We can skip it.  Sorry House Squeaker Pelosi.  Bye-bye Senator Majority Joke Harry Reid.  U.S. Congressmen and babes, are you paying attention?  What part of "NO" doesn't Obama and his NAZI's understand?  National Socialist health care:  thumbs down.  Next on the agenda, it's time to dump the most sacred of sacred cows:  national socialist public education, where your kids' brains are being turned into Progressive Mush.

--  Thur Mar 04  Whoa, girl friends, who wants to move to Motown?  You can buy a house in Detroit for $1 these days.  Or $5 for the house and $95 for the property taxes.  Whoa, that's a rip off.  The official average price of a house in Motown in 2009 was listed at about $7,500.  Of course, these are fixer-upper pieces of crap, but if you got the time and the money to go shop till you drop at Home Depot and rebuild the innards of a burnt out shell of an attempted arson-home by the owners who tried to gyp All-State or GEICO out of fire insurance, you got yourself a whopper of a deal.  Unless you mind living in a burnt out ghetto that is now turning into urban farmland.  Never thought you'd see that happening, right?  Not in Dee-Troit, Michigan, former home of the American Automobile Moguls whose idiotic management let the unions run their business into the ground, or should I say into the government as a nationalized hunk of junk.  Half the people that used to live in Motown in its automobile heyday -- we're talking millions of people -- are bye-bye baby, having voted with their feet and moved on to greener pastures, like I don't know where, Greece or California, so they can experience an instant bankruptcy replay?  Meanwhile, the Gov of Michigan still doesn't get it, raising taxes and continuing to spend millions of pulp fiction dollars from Washington on government welfare programs.  Meanwhile, the bullion banks comprising the board of the Federal Reserve -- and who have had nothing whatsoever to do with our current Depression, uh-uh, no way, Jose -- are busy giving themselves billions of dollars in raises, again, this year.  Wouldn't it be nice if you owned your own monetary printing press and could just print up as much money as you wanted for free, and then claim your neighbors had to pay taxes to you to cover the "National Debt" you created, plus interest, because you're "too big to fail?"  Wow, free money for nothing.  There's going to be a revolution in this country pretty soon and I think many states are setting themselves up to secede from the actions of the Obama Government if not the Union.  30 states, thus far, have passed a Freedom From Federal Health Care Act in case Obama's national socialist health care bill passes soon.  And the Freedom From Federal Health Care Bills in each state are set up to also become Freedom From Cap 'N Tax and Freedom From Everything Else that Obama's Progressive state collectivists are looking to shove down your throat.  At His current rate of socialist baloney-ism, Obama and His Progressives may go down in history as the most hated President and Administration in American history because Obama ain't listening to anybody and He's not backing off from any of his disastrous socialist proposals, even though 70% to 90% of the people have screamed, "No!" at the top of their lungs to National Health Care and many of His other pieces of legislative poop.  Headlines after the 2010 November Elections may well blare:  Obama and Left Liberal Democrats Crash and Burn as GOP and Independents Re-Take Congress!!  We shall see...  Meanwhile, I think President Obama and First Lady "Big Butt" Michelle -- and she's on a health care panel to help obese kids lose weight?  Heal thyself, physician -- should move into a $1 home in Motown and grow their own vegetable garden in a People's Park Commune.  That way, Barack and Family can experience first hand the state collectivism He is attempting to ram down our throats.  Grow some broccoli, Michelle.  Buy a Bow Flex, and eat low carb, girl friend.  Your butt will melt down faster than your hubster can grow the National Debt, cause, you know, like, am I gonna listen to a fatso try to tell me how to become a body builder?

--  Tue Mar 02  The bankrupt U.S. Post Office, losing billions of dollars every quarter since forever, has just unveiled a new Plan.  Ya-yesss, girl friends, the 600,000 employee National Letter Carriers from Snail Mail Hell have decided to stop applying Super Glue to their shoes and to the tires of their USPS Delivery Jeeps.  Vroom, vroom, going nowhere fast.  In addition, all postal dudes and dudettes will stop pouring molasses on the side walks directly in front of their mail routes so they can speed through the delivery of their mail in snow, sleet, rain, merde, and hail.  But that's not all.  The USPS Snails will no longer be delivering mail on Saturdays.  Oh my God, what shall we do, what shall we do?  No mail on Saturday?  I guess we will all have to use Fed Ex, UPS, Internet email, phone txtng, cell phone voice and picture, twitter, Face Book, and Apache smoke signals.  Dang!  What an inconvenience.  Hopefully, President Obama's new Big Ass Socialist Super Sized Big Deal Economy Revival and a Half will recover from The Depression in about 3 weeks so the Post Office can resume its profitable rapid hot wheels mail delivery service on Saturdays.  Uh-huh, I wait with baited breath, cow girls.

--  Tue Mar 02  Are you tired of President Obama and other idiots continually putting forth the idea that health care insurance -- whether public or private -- must contain "coverage for an individual's pre-existing conditions," such as cancer or heart disease or being hit over the head by a two by four, which, as an aside, in today's lumber business is more like 1 and 1/4 inches by 3 and 1/4 inches?  What a gyp.  I digress, but let's analyze Obama's "pre-existing condition" health insurance idea.  First, insurance is a bet against a future happening, not for historical happenings.  Imagine somebody crashing their car into a beer truck on Route 66 and then dashing over to GEICO or All-State and demanding that they insure the driver and his car for a pre-existing condition, namely the wreck he just participated in.  Yeah, you wreck your car and then demand insurance coverage from GEICO.  Or your house burns down and then you dash over to All-State and demand that they now insure your home for the existing fire damage.  Are you kidding?  But that's exactly what President Odummy and House Squeaker Nancy Fancy Pants and Senate Loser Harold Reid are demanding of private insurance companies in their national socialized health care bill.  In reality, what Obama and his Progressive sleaze balls are demanding is not health insurance; it's health welfare because it's after the fact.  Note this clever trick by the socialist Progressives:  change the definition of the word "insurance" to include the concept of "forced welfare" and convince GOP politicians, the news media, and Ma and Pa Kettle at home to fall for this deception.  That way, with no hint of pretentiousness, President Obamarama can show up to his Hollywood orchestrated fake health care summit for seven hours on national TV and rattle off, "I think we can all agree, uh, on a bipartisan basis, uh, that any National Socialist -- that's spelled NAZI -- health, uh, care, uh, plan we pass must contain coverage for 'pre-existing conditions,' you know, like, such as for Vice President Biden's and my mental retardation in regards to basic economics 101A and the U.S. Constitution...know what I'm saying, are you fired up, can I get a witness?"   Pre-existing health problems are like pre-existing car crashes; no insurance company could afford to cover them.  But then, that's the idea, isn't it, President Bobama?  Bankrupt all the free market insurance companies so you can implement your national socialist welfare companies, right?  Oh you sly dog, you.  Heh heh heh.

--  Tue  Mar 02  Like Idaho before it, Massachusetts' state unemployment insurance fund just bit the dust last month.  That means Massataxachusetts joins some 30 or more states that are currently borrowing unemployment money from the federal government to meet their unemployment insurance obligations.  From Feb 9 through Feb 23, Massataxachusetts borrowed $41 million from the feds and its total red ink -- i.e. a deficit -- at the end of this year is expected to hit $715 million.  At this rate of red ink accumulation, Massataxachusetts' borrowing for unemployment insurance (plus interest) could top several billion dollars.  So, where does the federal government get the money to pay the 30 states for their unemployment benefits?  Same place they get their Funny Money for all the other welfare and special interest crap the fed blows our, rather their, money on:  it's magic.  Printed up by Snow White and the Seven Dwarfs in the basement of the NY Federal Reserve every Wednesday at midnight.

--  Sun Feb 28  Which inflated paper currency will default first:  the Euro, the British Pound,  or the U.S. Dollar?  George Soros and The Progressive Boyz mad a billion bucks by betting against the British Pound last time around in 1992 and are now shorting the Euro, betting that the Euro will collapse first against the Dollar and everything else.  However, rumor in jolly old England by some speculators is that if the Brits continue to pump up their Sterling to "stimulate" ha ha "stimulate" their economy, which is not really so sterling any more, the Pound may jolly well -- may I press you to a jelly? -- collapse within a few weeks.  Currently, the Pound has fallen to $1.05, almost at par with the U.S. Dollar.  So what does all this gobble-dee-gook relative paper money talk mean?  Well, for one thing, think about how much paper money per capita is out there per nation.  The U.S. has about 305 million or so people and Britain has what -- I'm too lazy to look it up now -- 40 or 50 million, give or take a few tourists from Greece, and our paper currencies are about 1:1.  Wow.  That means the Limies down at the Exchecquer are busy printing enough paper money per capita to wallpaper everybody's home in England about three times over.  What's inflation look like in the Land of our Forefathers?  High.  Very high.  3.5% last month and climbing.  At this rate, inflation will hit 12 times 3.5% equals somewhere in the neighborhood let me get out my trusty calculator let's see, ya-yesss, girl friends: 42%.  Holy dukes.  What's a loaf of bread cost in London these days?  Forty dollars or what?  Run for your lives, Beatles, run for your lives.  And now, let's listen to that old song by John, Paul, George, and Ringo:  The Taxman.  (Go find it yourself in your own collection, you lazos.  I'm not setting up a hyperlink for you.)  Anybody got gold?

--  Sun Feb 28  Last week, Idaho Legies found out in a Pub Ed report that Idaho teachers and administrators paid themselves $22 million in raises while other state workers are being laid off or losing their jobs altogether.  Not to mention the private sector employees who are losing their jobs in record numbers and who foot the bill for Public Education.  Even the socialist Progressives down at the Idaho Statesman newspaper have figured out that the recent raises by Idaho Pub Ed for Pub Ed are rather obscene during this nation's probably -- or soon to be -- Greatest Depression.  37% of the teachers got raises; 43% of the administrators got raises.  $8 million of the $22 million in raises went to Boise and Meridian, the largest, school districts in the state.  Idaho has 115 school districts serving 275,000 students from K-12, about half of whom either do not graduate or go on to higher education.  The Idaho Statesman editors are finally beginning to see the fiscal light and are now beginning to understand how you can't squeeze blood from a turnip, namely, you cannot continue to blow taxpayer money from either local taxpayers or federal subsidies as if money just grows on cherry trees in Washington, DC, or gets shoveled out of a Government Freebie Truck driving through the neighborhood every afternoon at 4 o'clock.  Not that the Statesman editors have suddenly come to understand how the central bankers at the Fed and FOMC actually create money and disperse it through very complicated (on purpose) Keynesian Quantitative procedures that require (1) a PhD in Statistical Science and Differential Equations from Harvard and (2) the mentality of Pirates of the Caribbean.  The common folk marching on Washington as The Tea Parties know it as robbery but the Progressives really think you can enrich a nation by printing and issuing pulp fiction dollars out of thin air.  While the Statesman editors and President Obama don't comprehend what the Federal Reserve is doing, and has done, to create the mess we're now in, they are smart enough -- well, I don't know about Obama -- to see the empirical results in the economy.  And since the major financial component of every state's economy is consumed by Public Education such as 50% in California or even up to about 70% for Idaho, it doesn't take a rocket scientist to figure out that Pub Ed where one must start with budget cuts.  Especially since we know that Pub Ed in every state is just riddled -- and I mean multi-multi riddled 8-10 times over -- with similar or cloned programs performing the same function.  So while the Statesman can finally see the financial destruction going on and are pretending to become fiscal conservatives in lobbying for Pub Ed to start tightening it's financial belt, they still hold to the basic Marxist assumption that Public Education is some sort of "right" and must not be replaced by private enterprise education.  For all of those out there who may be Pub Ed teachers or administrators and think that we at FM Duck dislike education because we espouse free market solutions for all commodities and services, wake up.  We think our children's education, just like our health care, is too important to leave to the government.  The problem with Obama's ridiculous nationalized health care program is the same problem already manifesting itself as our current government education system.  Like doctors, teachers and education administrators, are too important to be left to the bureaucracy of the government.  How does one transition from Pub Ed to private enterprise?  The same as with any other commodity or service.  In a free market system, the current crop of teachers and admin would simpy transfer over to private enterprise schools just like in any other sector of the economy such as computer programmers, etc.  The result would be huge savings in tax and spending in every state.  The major portion of each state's financial woes could be solved by easing Pub Ed over to a free market school system, saving trillions and trillions in taxpayer money that is currently being wasted.  In short, to the editors at the Idaho Statesman, yes the Pub Ed system MUST cut its taxing and spending in many areas now that it is obvious that we are in a huge Depression but the real answer is to change the system from a nationalized government program to a free market system.  There is no parameter inherent in either education or health care that exempts them from the basic laws of economics.  It's not nice to try and fool Mother Nature.  If you try, sooner or later you will get your little butt kicked by reality.

--  Fri Feb 26  Wanna hear a big joke?  President Obama has created an 18-member Deficit Commission to try and figure out why the U.S. keeps running a huge deficit.  Duh, are youo kidding me?  Like nobody knows?  And no one is looking over at the Federal Reserve and Congress or, how about looking directly IN THE MIRROR, Obama?  Wanna hear an even bigger joke?  President Obama appointed SEIU Union Boss, Andy Stern, who has helped run American labor and business into the ground (I'm thinking General Motors and Chrysler), as one of the members of his Deficit Commission.  Is the Deficit Commission even legal?  I thought all monetary and appropriations had to be initiated, controlled, and implemented in the U.S. House?  Did I misread the U.S. Constitution?  Obama-rama signed off on an Executive Order (EO) to pull off an end run around the U.S. House and Constitution to establish his Deficit Commission on the pretense that... well, ... what?... the Congress isn't controlling Obama's trillion dollar deficits well enough, and vice versa, and so now Daddy President needs a new Mommy Bureau to check Daddy President's fiscal diapers for too much deficit spending?  Who's kidding whom?  Are we living in some type of insane financial time warp, or what?  Just stop the spending and pretending by both Congress and the Obama administration.  It is not the function of a limited government to hyper-inflate the paper money supply and spend fake money like drunken sailors on shore leave.

  --  Fri Feb 26  Hey, girl friends, let's take a quick gander at President Barack Obama's track record as an Illinois senator before he became The Prez.  I mean, like if The Prez on TV yesterday portrays himself so competent, so Omniscient, so knowledgeable at running an economy -- or a specifici business sector of an economy -- that he can micro-manage one-sixth of the nation (i.e. its health care sector), let's see how great He and his fellow legislators managed Illinois when Obama was in the Illinois legislature.  Back in 2008, Illinois was already stampeding itself into a huge budget deficit and the only thing the politicians did was to borrow more money at more interest, raise taxes, and spend like drunken sailors on shore leave.  The result?  Today, Illinois' budget is $55 billion and the state is $13 billion in the red.  $26 billion is allocated to public education, Medicaid, and other government-related expenditures.  State law requires that the $13 billion must be resolved before the $55 billion can be spent.  Note that the deficit is 50% of the state budget allocated to Gubbment spending.  Illinois borrowed $3.4 billion last year to meet its expenditures for 2010 and will pay a whopping $800 million in interest to service that debt.  And that's in addition to the $4 billion in pension obligations that the state will owe in 2011.  Speaking of pension funds, Illinois has continued shorting its government workers' pension funds to the point that the coins simply don't exist.  Move over California, your PERSI Fund shortfalls are in second place.  Illinois has the worst pension fund imbalances in the nation.  Did somebody say California?  California is $26 billion in the red but has 3 times the population of Illinois.  That makes Illinois one of the worst budgeted states, if not the worst, in the nation.  Illinois politicians have flushed that state down the fiscal toilet over the last decade and who was there helping to pull the chain?  That's right, President Barack Obama, as an Illinois senator, who now claims he knows how to run our nation's entire health care system.  The upshot for Illinois?  Illinois will probably continue on its path to fiscal insolvency, forced to shut down its $7 billion public education system, cut it Medicaid benefits, and not be able to pay its government retirees their pension payments.  Illinois is an example of what the entire nation will soon look like if President Barack Obama and his Progressive Economic Idiots get their way and continue on their current hyper-inflationary path to the total destruction of what's left of America's free market capitalism.

--  Thur Feb 25  President Barack Obama hosted a soft sell of socialism on national TV today under the guise of bringing together Republicans and Democrats to discuss his National Socialist health care proposal.  2,700 pages of incomprehensible state collectivist garbage.  Nearly every Democrat who spoke, chimed in with a personal sad-ass tale about somebody who was turned down for health care, died under the wheels of a giant choo-choo train but couldn't afford the blood transfusion or a face lift, or needs a kidney transplant as their (the Democrats') excuse to (1) dump the U.S. Constitution and individual rights to private property, (2) replace what's left of the free market with a giant welfare state, (3) tax the crap out of everybody in the nation in a thousand different ways, and (4) ram a socialized health care boondoggle at a cost of trillions of dollars down everybody's throat even though poll after poll after poll has revealed that Americans overwhelmingly do not want it.   But the real issue is:  what in Hell is the President of the United States doing by staging a Hollywood storytelling contest and pretending that he knows best how to micro-manage 17% of the U.S. economy?  And it wouldn't matter if it was health care or computers.   Who the heck-a-roonie is this idiotic Bozo who thinks he is the CEO of some Latin American Monarchy or Dictatorship?  I mean, what rock did he crawl out from under, and where did he ever get the idea that he or anybody else is capable of rearranging the trillions and trillions of subjective daily price evaluations of 300 million Americans exchanging the fruits of their labors for a commodity we call health care?  Does he also think he can micro-manage or even macro-manage any other services or commodities in the market?  Wow.  What a genius.  Same for the dummies running the U.S. Congress.  Just as an aside -- never mind the obvious free market reasons why He can't -- why should we listen to somebody who has never even run a corner lemonade stand and by what moral or legal right does the Office of the President of the United States think it's his/her duty or obligation to pretend he/she can or should play CEO of America?  The people of America are not a giant corporation, we are individuals living our lives in a limited Republic and we have inherent Natural Rights, obtained at birth, which do not include redistributing the fruits of our neighbors labors using the government as some sort of Sheriff of Nottingham Robin Hood Wealth Redistribution Broker.  Something is way out of whack in American politics when some fool thinks it's a legitimate function of the Executive Branch of government to "manage" or "manipulate" or "micro-manage" the free market.  Yes, health care is complicated, Mr. President.  So is the construction of a common writing instrument called a lead pencil, when you take into consideration all the market exchanges and technology that must take place to produce that tool.  Amazingly, the free market easily handles every exchange process along the way to produce a simple lead pencil with no help of a central master mind in Washington, DC and does so very fast within all the basic laws of free market economics:  supply and demand, subjective price formation, competition, and distribution to consumers.  No master mind in Washington, DC could ever micro-manage even the construction and distribution of a lowly pencil and yet, President Barack Obama pretends he and his cohorts in Congress can somehow manage 17% of the U.S. economy, America's entire health care system, with lots of rules, taxes, and a huge welfare state bureaucracy.  Even more stupid is Obama's assertion today on national TV that all ya gotta do -- right, Jack, all ya gotta do -- is socialize health care at the national level and then insert whatever you come up with into the non-existent laissez-faire free market that you destroyed on your way to nationalized health care in the first place.  Mr. President, if you believe this method you just stated on TV would work, you're a worse dolt than I thought.  You can't just drop your socialist health care plan into a free market.  The free market won't exist because, by definition and in the process of creating your Federal ObamaCare, you will have already destroyed the major mechanisms that define what a free market is, namely, subjective price formations, supply and demand, competition, and no government intervention.  And these are the least of our worries.  We don't even have a sound currency.  We went off the gold standard in 1971 and replaced it with pulp fiction, fractional reserve dollars, and they hyper-inflated our sorry asses to oblivion and back, and you think all ya gotta do is nationalized health care and then insert your Frankencare Monster into a Virtual Non-existent free market?  Duh...  Are you kidding me?  Unfortunately, oxymoronic statements and economic sophisms (falsehoods, irrational reasoning) by the President and his socialist Progressive cronies were the main course of their "poor me" storytelling session today.  The Democrats spoke twice as long as the Republicans and President Obama babbled as long as the GOP, trying to refute each Republican speaker after each one spoke.  Wow.  What a contrived "discussion."  Seven to eight hours worth of nonsensical, altruistic state collectivist drivel that would make blood shoot out of Ayn Rand's "I told you so" eyes, all based upon the ideology that state collectivism is the correct route to save Americans from today's high cost of health care.  No mention of the real culprit.  How about looking at:  previous governmental interventions into what should be, but isn't, a free market health care system?  Duh, again.  Blame the non-existent free market for our current health care mess.  But Obama's real reason for holding a national TV show was to (1) beat up the Republicans, and (2) soft sell his socialism to the American public.  Too bad, Barackie, baby.  After the major news tonight, ain't nobody buying it.  Socialism -- even if you claim it isn't socialism, wrap it up in goodie-goodie gum drops wrappers, and laugh when you lie about not promoting it -- doesn't work.  Never has, never will.  Prime time rating for today's Obama's Socialist Storytelling Show:  a big fat zero.  Time for another Tea Party, folks.  It's not the American people who don't get it; it's Obama who doesn't get it.

--  Thur Feb 25  The socialist editors at the Idaho Statesman newspaper think Boise Mayor Dave Bieter is "doing the right thing" by going to Washington, DC, to beg for federal money for a Boise transit system.  The Mayor lost out on his recent $40 million request from the feds to help pay for a $60 million 2.3 mile downtown Boise Streetcar System.  Thank God.  The feds received requests totaling $56 billion for a pot of $1.5 billion loot -- and I do mean "loot" -- from Obama's ARRA $1.3 trillion stimulus joke last year.  Said the editors at the Statesman, "Bieter is absolutely doing the right thing.  It is a necessary process... and it cannot end there, either [end with not getting the federal grant].  The mayor is right to keep the Valley's transit discussion going -- by seeking new ideas and new sources of funding."  Really?  60% of the citizens of Boise said they don't want Mayor Bieter's Trolley Folly.  Business leaders who fall into the Local Investment Taxing District also do not want it.  It would cost them $1.5 million in maintenance per year.  Meanwhile, totally oblivious to the wishes of the taxpayers and businesses, Mayor Bieter keep right on chugging and is apparently more concerned with details of his Streetcar Named Deficit such as, "the exploration of the streetcar to learn if a north/south route from Downtown to Boise State University... would be feasible for Phase 1."  Dontcha just hate it when somebody doesn't know when the party is over and it's time to go home?  Oh yoo-hoo, Mayor Bieter, the spending spree is over.  We are approaching bankruptcy.  Yes, girl friends, bankruptcy, but socialist Mayor Dave Bieter and the editors at the Idaho Statesman are Les Cages aux Folles, Birds of a feather flock together.  Tax and spend, tax and spend, only the government can provide economic solutions, blah blah blah... tax the rich, redistribute the wealth, pull together, socialism: do it for the children, grab each other's crotches, gimme a break, Karl Marx...

--  Wed Feb 24  So whatsa happening in Greece these days, besides rioting in the streets?  Greek citizens have moved 8 billion Euros out of their bank accounts, shifting them to other nations such as Switzerland.  8 billion Euros, taking into consideration fractional reserve banking and their multiplier effect, translates into 400 billion Euros in inflated paper flowing out of the Greek economy faster than a freshly fornicated fox in a forest fire.  Greece's total money equals about 30 billion Euros, which means it has already lost over a quarter of its pulp fiction paper money and coins.  Greek citizens are -- and rightfully so -- worried that Da Greek Gumment will soon impose currency controls and taxation in an attempt to persuade its people to keep their money at home in Greek banks, so they can lose their shirts and baklava, but the people are much smarter than the Greek bureaucrats and central bank that have created their current financial crisis.  Nor did bankers from America and England, Goldman Sachs and Titlos PLC respectively, play no small part in Greece's current debt economy by pulling off an end run around European monetary rules to redefine "loans" as simply "currency transactions."  Ha ha.  What a bunch of crooks the central bankers are.  And, of course, the people have no clue.  Why should they?  While the common folk are plodding to work 8 to 5 every day, the bankers work overtime on their grand Keynesian socialist monetary schemes to defraud the people, every day in every way.  Structured Investment Vehicles, Mortgage Backed Securities, which is debt used as backing for hedge funds, and other oxymoronic monetary concoctions by the Crooks on Wall Street are sold to suckers as investment funds while the bankers simultaneously bet against their own hedge funds with Credit Default Swaps.  Hey, we might as well be betting on Roulette and Craps in Las Vegas except that the central bankers can't lose because they get to sit on the board of the Federal Reserve as reps from Goldman Sachs, Citigroup, Bank of America, JP Morgan, etc. and vote to print or issue lots more money for "free," i.e. borrow at zero interest, which they then deposit into the Fed Reserve at 2% to 3% interest.  Wow, they can't really lose.  Receiving interest on Fake Money.  The real lesson one can take away from whatsa happening in Greece today is:  watch out, American and European citizens, you're next.  And then comes a bank holiday coupled with Obama's Martial Law.  Now do you understand why the smart money is buying gold and gold ETFs and stashing the physical bullion under their mattresses?  Currency controls in the U.S. are just around the corner.  Better get your house in order before the government forces a devaluation of your savings down your throat.  Your $100,000 will soon be worth about $10,000, if you're lucky.  Think I'm kidding?  Ask the Zimbabweans, ask the Venezuelans, ask the Greeks.

--  Tue Feb 23  One of the major reasons the Fed Reserve is vehemently against Ron Paul's House Bill 1207 to Audit the Fed is that they do not want the citizens of America to find out how much gold bullion (attributed to, or owned by, the United States) is NOT stored in the vaults of the NY Fed Reserve or at Ft. Knox, Kentucky.  If the Fed has loaned out any of America's bullion which they are only empowered to baby-sit -- not play with -- as swaps to other foreign governments or central banks, then they have committed a criminal act of fraud.  Is this why Fed Reserve Chief Ben Bernanke refuses to answer any questions put to him regarding to whom the Fed has loaned money and how much?  Is this why the Federal Reserve does not want to be audited?  Under the U.S. Constitution, the Fed must provide an accounting to the U.S. Congress, and thus to the American people, of all their banking actions.  After all, it's the people's money, not the Federal Reserve's.  This cartel of private bankers have been screwing Americans for the entire 100 year of its existence, all on the premise of saving the economy from, oops, things like our current Depression.  If the Fed's wall of secrecy is ever torn down and their fraud revealed, the American public will probably revolt against the central bankers and the U.S. Congress with pitchforks in the street.  While the unemployment rate is blasting past 20% and 14 million Americans have lost their jobs due to the hyper-inflation of the Federal Reserve, the banking cartel continues -- via government deficit spending -- to create trillions in inflated currency to pay itself billions of dollars in bonuses and perks.  We're talking about the 8 or so major bullion and investment banks on Wall Street with CEOs sitting as governors on the Fed Reserve's Board, creating a monopoly beholden to nobody but themselves. And what do the bankers do with their billions of ill-gotten gains?  They exchange their counterfeit paper money for your hard goods and services and leave you holding their devaluing paper, telling you that they, the banks, must continue to rape you because they are "too big to fail."  Not only do we need to dump the Fed and throw some bankers and politicians in jail, we need to get back to a free market gold standard with no fractional reserve system.  Not tomorrow, not after socialist President Barack Obama and his boot-licking Progressive lackeys pass more state collectivist legislation.  We need to do it like now, if not sooner.  Contact your U.S. legislators now and push them to bring Ron Paul's Audit the Fed Bill to the floor for a vote.  If your congress-dopes are not responsive to you, vote them out in 2010.  Like the song says, "If you want to get to Heaven, you gotta raise a little Hell."

--  Tue Feb 23  Whoa, girl friends, is Citigroup Bank planning for an old fashioned 1930's run on its banks?  Citigroup sent out the following advisory to its clients in their bank statements:  “We reserve the right to require seven (7) days advance notice before permitting a withdrawal from all checking, savings and money market accounts. We currently do not exercise this right and have not exercised it in the past,” states the manual.  An almost identical advisory to the one being sent out can be read on page 22 of Citbank’s Client Manual effective January 1, 2010, which can be read from Citibank’s own website.  If this doesn’t scare the financial crap out of you, nothing will.  Citibank is apparently planning for a 1930’s run on the banks.  Check with your bank and find out if they, too, have issued this same warning to you in your last statement or posted it on their Web Site.  Note that as of Jan 1, 2010, the FDIC is not “insuring” $250,000 of your savings anymore and has dropped this coverage back to the original $100,000.  The FDIC, a subsidiary of the ridiculous Federal Reserve central bank, only has assets of $50 billion to insure over $1 trillion worth of savings accounts across America.  Some people now have two bank accounts:  one downtown, and another under their mattress.

--  Sat Feb 20  Have you noticed where today's Keynesian Socialist Economics has gotten us?  In America, the states are fighting against each other to gain advantages from the federal government's monetary printing presses and taxation.  Idaho wants to tax all the other 49 states to subsidize its potato farmers; California wants a bailout from all the other states via the feds to support its ridiculous welfare state spending; North Dakota wants the other 49 states to subsidize its future Medicaid payments; and on and on.  In Europe, Germany is fighting against the European Union elite who want the Krauts to help bail out Greece's unsustainable deficits; Portugal, Spain, Italy, Ireland, France, and others are arguing about who gets to run how much of a national deficit and who in the European Union has to pay for it.  Britain, in a league of its own, is fighting everybody on a global basis -- but mainly itself, which is suicide, by hyper-inflating its currency -- in a vain attempt to keep its economic head above water.  Communist nations such as China, pretend to be capitalist, and play state collectivist economics against their own people and other nations, manipulating their fake currency, too.  In fact, the entire global network of nations are all teetering on the edge of an Economic World War III.  The question is:  why?  The answer is simple:  everybody went off the gold standard in 1971 and every nation, including the Euro Zone nations, are simply engaged in a Pulp Fiction Counterfeiting War against each other.  Who can out-print whom?  Every nation's paper money is not backed by anything except future debt -- an absolutely absurd concept since future debt cannot act as collateral.  Why?  Future debt doesn't exist yet.  Today's economic concept of money is flawed in that it confuses the paper receipts for money with the real money itself.  It confuses a promissory note for gold with the gold itself, pretending that paper can act as the stored medium of value without the existence of the gold to back the paper.  Value, however, is an economic concept that falls into the area of subjective evaluation, not quantitative numbers.  The value of two ounces of coffee or steel or gold is not an objective evaluation.  Value refers to an individual's subjective, prioritized valuation of the future relative service to be rendered by said commodity or service.  Value does not reside in the commodity per se but rather the intended future service expected to be rendered.  If the service doesn't happen, the commodity's value drops; if it does happen, the commodity's value increases.  A written mercantile receipt -- paper money that can act as a medium of economic exchange because the paper is tradable if the promise of redeemability exists for the current storage of said commodity -- does not change the concept of subjective value.  The current global financial problem, the current Depression, is due to the fact that today's economists have confused -- or done it on purpose -- the concept of the value of a commodity and the value of said commodity's storage receipt (i.e. paper money, a promissory note).  In fact, the current crop of Keynesian Socialist Economists have completely dropped the concept for the existence of the commodity connected to a paper receipt for it, and replaced that concept with simply the issuance of the paper receipt itself with no collateral.  And further, our current money doesn't even require itself to be a receipt for anything; it is just a faux piece of paper calling itself money.  And that is the crux of why we are in an international Depression.  Note that once the economists are allowed to redefine paper money as a non-receipt for nothing, they can then print up as much paper as they want, which usually coincides with as much money as their respective governments want to spend.  Central banks are all just too willing to print up, or issue as credit, as much of their New Funny Money aka Pulp Fiction Paper or Counterfeit Fractional Reserve Money, as they can and work that concept of "elastic money" into PhDs at all the major institutions of supposed higher learning, which then pump out little economic idiots parroting back the same Keynesian Socialist Baloney for which they were granted what could best be called "Government Work Permits" so they can work on Wall Street, the U.S. Empty Treasury, or the Federal Reserve.  What a cruel trick the central bankers have pulled on the people of the world:  convincing them that paper is gold and the further into debt the sheeple go, the better it is for them.  The central bankers of the world have killed more individuals, created more poverty, prevented the scientific and cultural advancement of mankind in general and financed more wars and insurrections than any other group of individuals on the face of the Earth.  And yet, politicians all over the world, Republicans and Democrats, sit around pretending that today's Depression is some mysterious virus that somehow descended upon Earth from Mars or somewhere via some unknown reasons.  Stop the fractional reserve banking; stop the deficit financing; return to sound money and get back to a limited government with a real Constitution that prohibits infringements upon our Natural Rights.  Laissez-faire, laissez-passer, and while we're at it, let's dump the dysfunctional philosophy of altruistic state collectivism for individualism and free market capitalism.

-- Sat Feb 20  Oregon voters stupidly passed two measures to raise taxes on the wealthiest 2.5% individuals and on corporations earning more than $250,000 per year.  Measures 66 and 67, passed last month, would add a whopping $727 million in taxes on Oregonians.  Nike Chairman, Phil Knight, called the two Measures, "Oregon's Assisted Suicide Law II."  Mr. Knight stated that instead of garnering more money for the state of Oregon, the two new tax laws will actually gather less money by driving big business out of Oregon.  Nike's HQ is located on 193 acres near Beaverton, Oregon, employs 7,000 people at the HQ, 33,000 worldwide, and rakes in over $19 billion in product sales.  According to Idaho Statesman reporter, Dan Popkey, Nike may be looking at Idaho for relocation.  Lt. Governor Brad Little, licking his chops at the prospect of wooing Nike to relocate in Idaho, has two reasons for drooling:  (1) future corporate tax revenue from Nike, albeit lower than Oregon's absurd taxation, and (2) coincidentally a chunk of property, 645 acres, owned by Mr. Little to sell to Nike.  Both reasons are problematical, with the second being an obvious conflict of interest that doesn't seem to bother either Mr. Little, Governor Butch Otter, or Statesman reporter Dan Popkey.  Slurp, slurp, they can smell the corporate tax money already, which may be why Nike is hedging its bets on where it may, if ever, relocate.  The bottom line is that if any state had an ounce of brains, it would totally abolish all individual and corporate income taxes and property taxes, thus establishing free trade zones for all companies, big and small, in Idaho.  Too many politicians have lost sight of their major function:  namely, to stay out of the free market and encourage companies to do business in Idaho, producing more goods and services and providing more employment opportunities for Idahoans.  While we're at it, let's put to rest one of the more stupid economic myths circulating around Idaho and many other states.  It is presumed that Public Education within a state is a major factor in encouraging companies to locate in Idaho.  Buzz, wrong!  High school and college graduates are not tied to the state where they attended high school or college.  And corporate CEOs do not give a rat's ass about WHERE their future employees went to school.  Americans will, and do, travel extensively to anywhere in the U.S. and abroad for whatever drives them in their search for employment.  MBAs from BSU gladly move to Wall Street in New York, engineers from the U. of Idaho will gladly move to Boeing in Washington state or NASA in Alabama or Lockheed in California.  So let's get off this ridiculous idea that Idaho must create a huge Pub Ed complex by taxing the crap out of 1.3 million Idahonians (like that new word?) or Idaho will sink into the Snake River Basin and drop dead.  The truth is, Idaho politicians and stupid Idaho Progressives at the Idaho Statesman news rag are simply interested in garnering lots more political power and erroneously think they way to do it is to trick companies into moving here, taxing the crap out of them, and then blowing the tax revenue on unnecessary Public Redecoration Projects like extending the U. of Idaho from Moscow to Boise or expanding BSU into a so-called "Research University," which really means another Federal Grant U.  Oregon should chop its taxes, both for moral and economic reasons, and Idaho should completely abolish all individual and corporate income taxes, period.  It's not money we should be after, it's jobs, jobs, jobs, and that only comes with free market capitalism, not government intervention and state collectivism.  Note how the Idaho GOP, trying to sell a Lt. Gov's private property by using his office as a marketing deal point, is no better than the Progressive Democrats bent on their tax and spend special interest legislation.

--  Fri Feb 19  OK, friends and neighbors, who's going to crash and burn first:  Greece or California?  Place your bets.  The European Union is blaming Goldman Sachs for convincing the stupid Greek government to go into massive debt over the last 10 years by defining its loans from Goldman as "currency transactions" instead of "loans."  The EU wants to haul Goldman into its court system and impose sanctions against it.  Like it doesn't take two to Tango, dudes.  Greece bears no responsibility for its actions? The EU is also looking at extending its authority over Greece -- and therefore set a precedent to do the same to other Euro zone nations in the future -- via special treaty powers that it thinks it has.  Back in California, the largest state in the Union is going belly up fast.  Progressive Democrats refuse to stop spending, so it looks like Mother Nature is going to have to do it for them.  But not before CA Gov Arnie Schwarzenliberal fast-talks Progressive President Barack Obama into trying to bail out the sunshine state with taxpayer money from either all the other 49 states or else sucking a trillion dollars from the bottomless money pit at the Federal Reserve.  Either way, its curtains for the California economy, just like Greece.  Stats:  Greece's debt is about one-third that of California and Greece actually has a backup position, namely, it has 2,000 tons of gold bullion, which, if gold prices continue to rise, Greece could sell some bullion and buy its ass out of subprime debt and move up to Triple AAA rated whoop-tee-doo.  California can't print up money and has no gold whatsoever.  They ain't moving nowhere, girl friends, except down.  They have to crawl to Obama for pulp fiction hyper-inflated dollars.  Uh-oh.  My bet is that if the EU doesn't take over Greece next week, then Greece will fair much better than CA and CA will capitulate sooner than the Gyros-chompers.  Hey, let's all take a vacation to the Greek Isles and celebrate, shall we?  You bring the oozo and my uncle knows how to dance and break dishes...

--  Thur Feb 18  Uh-oh.  Boise Mayor Dave Bieter did not receive $40 million from the federal government to build his Overhead Wires $60 million 2.3 mile downtown Streetcar Named Desire.  Now what?  Not to worry.  Mayor Bieter no doubt has an extra $40 million stashed away in some hidden Rainy Day Fund, just like the $1.06 billion and $350 million Rainy Day Funds the politicians have stashed away for our socialized public education system.  Time for unconstitutional Plan B for Bieter's Trolley Folly.  Tax and spend, tax and spend.

-- Thur Feb 18  4 million U.S. homeowners are currently 90 days or more delinquent on their home mortgages or in foreclosure proceedings.  Another 470,000 people lost their jobs last week, which brings our total unemployment to around 7 million, with a real unemployment rate of almost 20%.  And nobody is buying our trillion dollar pulp fiction debt except the Federal Reserve, which, hey, the Federal Reserve is the one who issues the debt.  What's going on here?  How can they buy it from themselves... and charge it to us?  But, says President Obama, we are not in a Depression.  Whew, thank God, for not lying to us, Mr. Obama.

--  Thur Feb 18  Has the U.S. Treasury finally hit its Debt Death Spiral?  On Wednesday, Feb 10, 2010, the U.S. Treasury issued $16 billion of 30-year Treasuries.  Trouble is, nobody except us showed up to buy our own crap.  U.S. Debt auctions is the method by which the U.S. Government tries to borrow money from others to finance U.S. Debt.  "Others" are divided up into three main categories:  (1) Direct Buyers who are individuals that can buy "off the radar," i.e. discreetly without revealing who they are, (2) Indirect Buyers who buy through a Primary Dealer, and (3) Primary Dealers who are one of 18 Banks and Securities Brokers who do business directly with the Federal Reserve Bank of New York and MUST buy Treasuries at auctions to ensure liquidity.  Historically, foreign governments such as China, Japan, etc. have made up the majority of Indirect Buyers of U.S. Treasuries.  Direct Buyers are typically a minority who buy straight from the Treasury; Indirect Buyers are usually the largest group, 40% plus; and Primary Dealers HAVE to buy U.S. Debt to ensure the auction doesn't fail.  So, back to the scene of what looks like the start of a U.S. Debt Death Spiral on Feb 10, 2010:  Primary Dealers bought a whopping 47% of the $16 billion in U.S. Treasuries, Direct Buyers bought 24% (a record), and Indirect Buyers bought 28%.  Whoa, this means Indirect Buyers (foreign governments like China) stayed home and the drop from 40% to 28% is a MAJOR warning sign that foreign governments are not willing to buy U.S. Debt.  Primary Dealers buying 47% of the T-Bills means we had to buy our own debt.  But that's not all.  Direct Buyers buying 24% (a record) means that we have no way of knowing who these Direct Buyers are and for all we know they could also be the Federal Reserve itself or other U.S. Government entities buying their own debt "off the radar."  This is, no doubt, what is actually happening.  Plus, in order to further cover their tracks, the President's Plunge Protection Team (euphemistically called White House Economic Advisors) try to trick the public into thinking the economy is OK by simultaneously orchestrating at least two other clever tricks when they sell Treasury auctions:  (1) 4 major bullion banks, including JP Morgan and Goldman Sachs, manipulate the precious metals futures market to short gold and silver futures to drive prices down, and (2) the Fed and Treasury officials clandestinely issue to themselves plenty of funds at the stroke of their keyboards to come in as mysterious "buyers" on the DOW and S & P to temporarily drive stock prices higher.  This gives the illusion that Treasuries are selling, stocks are up, gold is trashed, and the economy is robust and doing just great.  But who's kidding whom?  We already knew the Fed was busy manipulating the stock and commodity markets.  What's new is the revelation of what types of buyers are buying our Debt.  The major revelation is how fewer foreign governments are now not showing up to purchase U.S. Treasuries.  Looks like the U.S. is beginning to enter a Debt Death Spiral as the three major types of Treasury buyers -- Direct, Indirect, and Primary Dealers -- turn out to be:  dum-da-dum, trumpets, enter stage left, the Federal Reserve issuer itself, buying its own hyper-inflated Pulp Fiction Debt because everybody else has wised up to this central banking paper money scam.

--  Thur Feb 18 

U.S. Rep. Ron Paul (R-TX) said it best in describing the Federal Reserve and why we should audit the Fed:

“The global financial crisis is a predictable result of secretive central banking and unsound fiat currency.  Governments are entirely committed to this system of fiat money and fractional reserve banking for obvious reasons: it enables them to do what they love most, namely, spend hoards of money with near impunity.  Without the limitations of sound money, governments will spend without limit.  They will spend money to hire their cronies, pay off special interests, give out favors, create dependence and generally distract from the terrible job they do at their chief mandate, which is to protect the liberties of the people.  Fiat money is a blank check to government, which is very dangerous, and we are witnessing the death throes of the system as the bills come due and the underlying capital is squandered away.

Because of our globe-straddling empire and lingering reserve currency status, perhaps no one has a more vested interest in keeping this system cobbled together than our own government and the Federal Reserve.  The agreements that Iceland and Dubai and Greece have negotiated can amount to little more than kicking the can down the road, as their overall spending habits remain largely intact, fiat currencies are still legal tender and more debt is issued on top of unsustainable debt.  The American people have the right to know if they are going to be the ones holding the bag in the end because the Federal Reserve secretly put them on the hook for it.  This knowledge would be a key factor in peacefully dismantling this immoral and unconstitutional system.”

--  Tue Feb 16  So, you think we got three branches of government in America, eh?  Buzz, wrong!  We only have one branch of government:  our Presidential Monarchy.  Yes, that's right.  After 220 years or so of the United States careening down the path of more and more government state collectivism, we have finally reached, almost, the zenith of from where we were first conceived:  a Monarchy with a King who dictates everything.  How did this happen?  Easy.  The Executive Branch of government -- over the last 100 years -- has issued so many Executive Orders, Weekend Appointments Without Senate Confirmations, and Footnotes to Signed Bills that allow the Prez to sign off on legislation and add personal "notations" to restrict the Bill beyond what the legislature intended, that Congress has become totally irrelevant, a bunch of old folks who have no clue to their explicit Constitutional powers and restrictions.  Congress doesn't even control America's finances any longer; the Executive Branch via the U.S. Treasury and our unelected central bankers at the Federal Reserve manipulate everything financial in the United States from the creation and valuation of money to its distribution to special interest corporations such as banking and Fannie Mae and Freddie Mac to establishing interest rates to illegally going off the gold standard.  The Justice Department has consistently been defrocked by Presidents who have stacked the judicial deck with their favorite special interest U.S. Supreme Court Justices bent on re-writing the Constitution from the Bench.  At his current rate of EOs, President Obama will soon pass up the record set by former President Bush.  In this clever manner, the Progressives currently in power are bulldozing over the entire nation, including Congress, with their New Monarchy.  When will our Congress finally step up and regain their power to deny Obama's New Monarchy?  Hopefully in the elections of 2010.

--  Tue Feb 16  While pollution is a reality and is caused by humans, the jury is still out on the cause of global climate change, if any.  We're not talking weather here.  We're talking climate.  Leading scientists, including those in Europe, Canada, and the U.S. are conceding that their data was either inconclusive, rigged, wrong, or often just plain sloppy vis a vis pointing at anthropogenic (man made) causes for alleged climate change.  Al Gore and his special interest group politicians have all gone camping, hiding out from their "Inconvenient Truth," which turns out to be simply "How We Can Use Climate Change Bullshit to Make a Quick Buck and Gain More Power Via Congress and Obama."  As we said above, there exists massive pollution of the atmosphere, ground, and water including the oceans on planet Earth.  But this can be attributed mainly to overpopulation, both in general, and in selected geographical areas such as coastal regions.  Much of the overpopulation can be attributed to the moral values of those doing the overpopulation, i.e., their religion.  The premises for the major religions go back directly to those who are running those major religions and their social political agendas.  The Vatican wants more Catholics so they can grab off lots of wealth and power.  Same for the Middle Eastern Mullahs.  Many countries in Africa simply suffer from male testosterone low self esteem as a cultural outlook rather than a strict religious outlook and, therefore, think it is macho to get females pregnant.  Not just conjugal endearment on a mud floor in a hut, but actually procreating as a sign of manhood.  Like, do you got lead in your pencil syndrome.  Then the women are left to shoulder the burden of raising 10 kids in poverty.  The solution:  free market education in both religion, parenthood and pollution.  Not government intervention.  The quickest way for people to embrace responsible population control and thus pollution control is by establishing the philosophical premise and, thus, the infrastructure for free market capitalism, which means individual private property rights enforced by a limited Republic whose main function is to protect inalienable individual rights.  Of course, Obama and His Gang and the United Nations and the International central bankers are all dashing down the path to economic serfdom on the premise that Obama, or some dictator like him, knows best how to micro-manage state collectivism that they presume is the solution.  The Bigger Question is:  is President Obama just a "useful idiot" for the central bankers or are the central bankers just "useful idiots" for Obama and the Progressives?

--  Mon Feb 15  Dum-da-dum, girl friends.  This is the week to find out:  will the city of Boise receive a $40 million federal grant towards the estimated $60 million cost to build a 2.3 mile downtown Streetcar system?  Hopefully not.  Read all about it here...
  09-18-2009
Leftist Boise Mayor Dave Bieter in secret meetings to blow $560 million of federal welfare dollars on downtown Boise streetcar named “Desire”… or is that a streetcar named “Huge Deficit?” More... 

and here...
 12-02-2009
Boise Trolley Folly DOES Justify Legislative Intervention  More...

And now that the majority of businesses and the public are against this ill advised Trolley Folly, the Idaho Statesman is also against it, but for the wrong reasons.  The Statesman loves state collectivist public transportation -- in fact, they love everything public, like public health care, public education, and public publics -- they just think Progressive Boise Mayor Bieter is barking up the wrong public works project at the wrong time.  They want a total public transportation program that encompasses everything from public tricycles, bike paths, and high speed bullet trains from Meridian to Star, all paid for by "free" ha-ha "free" money from Washington DC.  Duh, how do these Bozos who graduated from Journalism 101A think we got into our current Depression in the first place?  Some mysterious virus from Mars?  Hopefully, Mayor Bieter's Streetcar Named Bigger Deficit will be derailed by Boise not receiving pulp fiction dollars from Washington and we can all sigh a big sigh of relief, relief from the ugly sight of electrical wires strung overhead all over downtown Boise to satisfy the idiotic Progressive daydreams of our Boise city Socialists.

-- Sun Feb 14  According to the Bank of International Settlements, the pool of unregulated over-the-counter derivatives worldwide equals $600 trillion.  Derivatives are financial time bombs, waiting to implode.  U.S. debt is now $12 trillion.  It will be at least $14.3 trillion by the end of this year.  There are also more than $6.2 trillion in failed mortgages held by Fannie Mae and Freddie Mac that are not counted as part of the U.S. debt.  As of Dec 31, 2009, Fannie and Freddie have been guaranteed an unlimited amount of Funny Money by the Fed Reserve and U.S. Treasury.  America's total debt and unfunded liabilities stand at $63 trillion.  Commercial real estate is in the process of setting a record meltdown in the trillions of dollars.  Every state in the Union is facing record budget shortfalls.  Public pensions in the U.S. are in the red at $2 trillion.  China is sitting on $3 trillion of U.S. dollars, turning them in for gold bullion at every chance when the Federal Reserve and other central bankers try to drive down the price of gold and silver with massive naked short sales every day like around 10 am.  You can practically set your clocks by their daily sales.  A great gold bullion chess match is being played out right before our very eyes:  China going massively long vs. the U.S. Federal Reserve going massively short (illegally, I might add, but what does CFTC Director Gary Gensler care since he is just a puppet for JP Morgan, Goldman Sachs, and the other bullion banks who are manipulating the precious metal markets).  Sovereign debt for many nations are now highly questionable from Greece to Spain to Portugal to Italy to Ireland to France to Great Britain to Germany to India to Pakistan to Russia to the former Eastern bloc nations to Mexico to Venezuela to Brazil to Dubai to the United States and more.  What do they all have in common?  Central banking inflation of their non-backed paper and credit money supply, elastic indebtedness for the insatiable spending appetite of their respective governments trying to fund their welfare states.  Taxation is passe.  Monetary printing presses are even passe.  Keystrokes on a computer is the preferred method of money creation these days.  No cost and lightning fast.  How will most nations get out of this massive debt?  It's called hyper-inflation, massive printing of their paper money supply and keystroking their national deficits like there is no tomorrow, into the trillions and even the quadrillions level, to pay off previous debts with highly devalued money.  The Weimar Republic in Germany hit the quintillion level in their Great Hyper-inflation of the 1920s.  Who loses?  You do, as the value of your savings plunges to near zero.  Unless, of course, you ain't sitting around in paper but rather hard commodities, the value of which will skyrocket.  Got gold?  Got gold stocks?  A word to the wise is sufficient.

--  Sat Feb 13  Idaho budget legislators, the Joint Finance Appropriations Committee (JFAC), lowered the state's budget/revenue estimate from $2.9 billion to $2.28 billion for 2010 and $2.29 billion for 2011.  Sixteen Repubs voted yes and 4 Demos whined about it, as usual.  The state's official Tax Revenue & Wild Ass Budget Guesser, Mike Ferguson, sobbed in his beer that while his previous tax revenue estimates have been waaaay off, like out in the boonies somewhere, nobody is listening to his financial prognostications anymore.  I wonder why, girl friends.  Who's paying this dude, anyway?  Ferguson claimed that lower tax revenue collections for the last two months were probably due to a glitch in the federal tax code that tricked taxpayers into not sending in enough coins to the Sheriff of Nottingham.  Yeah, right, Ferguson, that must be it.  And my dog bakes blueberry muffins at midnight.  The public education freaks in the state legislature, mostly left Liberal Progressive Dinkleberries who flunked basic Econ 101A, are busy wringing their little hannies about Gov Otter chopping Idaho's school budget.  School Superintendent Tom Luna has proposed tapping into Idaho's land endowment funds to the tune of $54 milsky to make up for the Pub Ed shortfall.  The state's land endowment fund contains some $1.6 billion or something for pub ed and pension payments for judges and other nefarious characters.  In addition, the state has another pub ed fund in which several hundred million dollars is squirreled away for a "Rainy Day," as if calling this EXTRA UNCONSTITUTIONALLY RETAINED money from the taxpayers a "Rainy Day Fund" makes it OK to violate the Idaho Constitution's requirement that all funds collected in a tax year must be expended in that same tax year.  No multi-year debt is allowed without an expressly voted-upon two-thirds consent of the taxpayers.  At any rate, any Idahoan can see that the 70% of the state's expenditure for public education could, and should be, cut back, waaaay waaay back for many reasons, the least of which is not that our kids are not receiving an education anyway and instead are simply receiving a good state collectivist brainwashing from the Progressives who are running the government education system via the AFL-CIO-NEA unions to produce little authoritarians who are learning nothing much more than revisionist state collectivist baloney.  Nor do the Idaho legislators have any clue whatsoever of the depth and breadth of the current Depression and what it will take to get out of it.  Most of them can't even spell "Federal Reserve" or "central banking" or "fractional reserve banking" or "Keynesian Economics."  If the federal government and the state governments do not stop spending like drunken sailors on shore leave, there will be further massive cuts in expenditures... or the Feds will try to hyper-inflate the states out of their indebtedness, in which case we will go through a hyper-inflated huge Depression before war against some other nation is declared, you know, as an excuse to keep the American people from a revolt against their own government.  Wake up legies, it's the spending that's at fault not a lack of enough pulp fiction dollars.  And things are going to get a lot worse, so tighten up and start thinking 4-day school weeks, and cutting all the waste, fraud, and abuse running rampant throughout the Pub Ed Sacred Cow System.

--  Sat Feb 13 

Alert Levels Around the Globe.

The English are feeling the pinch in relation to recent terrorist threats and have raised their security level from "Miffed" to "Peeved." Soon, though, security levels may be raised yet again to "Irritated" or even "A Bit Cross." The English have not been "A Bit Cross" since the blitz in 1940 when tea supplies all but ran out. Terrorists have been re-categorized from "Tiresome" to a "Bloody Nuisance." The last time the British issued a "Bloody Nuisance" warning level was during the great fire of 1666.

The Scots raised their threat level from "Pissed Off" to "Let's get the Bastards." They don't have any other levels. This is the reason they have been used on the frontline in the British army for the last 300 years.

The French government announced yesterday that it has raised its terror alert level from "Run" to "Hide." The only two higher levels in France are "Collaborate" and "Surrender." The rise was precipitated by a recent fire that destroyed France's white flag factory, effectively paralyzing the country's military capability.

It's not only the French who are on a heightened level of alert. Italy has increased the alert level from "Shout loudly and excitedly" to "Elaborate Military Posturing." One more level remains: "Ineffective Combat Operations."

The Germans also increased their alert state from "Disdainful Arrogance" to "Dress in Uniform and Sing Marching Songs." They also have one higher level: "Invade a Neighbor."

Belgians, on the other hand, are all on holiday as usual, and the only threat they are worried about is NATO pulling out of Brussels.

The Spanish are all excited to see their new submarines ready to deploy. These beautifully designed subs have glass bottoms so the new Spanish navy can get a really good look at the old Spanish navy.

Americans meanwhile are carrying out pre-emptive strikes on all of their allies, just in case.

New Zealand has also raised its security levels – from "baaa" to "BAAAA!" Due to continuing defense cutbacks (the air force being a squadron of spotty teenagers flying paper aeroplanes and the navy some toy boats in the prime minister's bath), New Zealand only has one more level of escalation, which is "I hope Australia will come and rescue us."

Australia, meanwhile, has raised its security level from "No worries" to "She'll be right, mate." Two more escalation levels remain, "Crikey! I think we'll need to cancel the barbie this weekend" and "The barbie is cancelled." So far no situation has ever warranted use of the final escalation level.

--  Fri Feb 12  According to the Bank for International Settlements, a sort of clearinghouse for the world's central banking counterfeiters, European banks are carrying a debt exposure of $250 billion for Greece and a whopping $2.1 trillion debt for the PIGS, Portugal, Italy, Greece, and Spain.  Let's pull the curtains away from the facade of non-backed paper Euros and ask ourselves what the collateral is for this $2.1 trillion debt.  Hmm, lemme think...  yes, you guessed it, nothing.  So what we have here -- just like in the United States -- is a verbal or inflated written numbers on little pieces of non-promissory notes by PIGS borrowers that they can repay the non-secured counterfeited paper printed up out of nowhere and loaned to them by the counterfeiters, the European Central Bank.  Wow, sounds just like the Federal Reserve in America.  I wonder if all these bankers ever get together for, you know, like, lunch or dinner or drinks or something and discuss what they all have in common?  Ya think?  Naw, that would smack of a global monetary conspiracy and we couldn't have that, could we?  The Big Quiz of the Day:  which pulp fiction currency will collapse first, the dollar or the Euro?  And what have the central bankers of the world decided at the latest secret meeting in Sydney, Australia, should replace the dollar and Euro?  Tobacco?  Wampum?  Certainly not gold, right?  How about issuing a New Plastic Purple Coin backed by a basket of international counterfeited currencies multiplied by the imaginary square root of minus two?  Better yet, how about a fruit basket of apples and pears from Harry and David's?  That would be more palatable...

--  Fri Feb 12  "I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered." -- Thomas Jefferson 1802

--  Fri Feb 12  This amazing cartoon was in the Chicago Tribune in 1934. Look carefully at the plan of action.  Note who's driving the out-of-control wagon:  university professors.  Note Stalin and Karl Marx babbling the same type of Obama fascist Progressive plan to "fundamentally transform" America.  Remember the adage, "Those who do not remember the past are doomed to repeat it."

--  Fri Feb 12  Economic History Lesson 101A, Weimar Republic, Germany, 1920s  In 1914, Germany’s Fed Reserve, the Reichsbank, suspended conversion of its paper money into gold.  By November 1923, after continual “injections of liquidity,” Reich Marks in circulation soared past 92.8 quintillion Marks and skyrocketed past 496 quintillion Marks through July of 1924.  On Oct 25, 1923, the Reichsbank apologized that it had been able to only print 120 quadrillion Marks that day, but the demand was for one quintillion Marks.  Finally, after nobody would accept the Mark, the Reichsbank devalued to a new Rentenmark convertible at 1 trillion to one.  By Nov 1923, circulation had increased 245 billion times and prices 1,380 billion times.  Inflation finally stopped in one day when 4.2 Rentenmarks (4.2 trillion old Marks) exchanged for 1 Dollar, which was convertible into gold.  Germany, via the Dollar, finally went back to the gold standard, after destroying its entire economy in 9 years through hyperinflation of its non-backed paper money. – Dr. H. Hazlitt, Economist

Sound familiar?

Today, in 2010, after FDR dumped the gold standard in 1933 and Nixon cut all dollar ties to gold in 1971, our derivative markets currently exceed a half a quadrillion dollars or $680,000,000,000,000 – six hundred trillion dollars – of non-collateralized paper fueled by America’s central bank, the Federal Reserve.  And what is it that everybody is screaming for more of?  The injection of trillions and trillions of more non-collateralized paper money as “liquidity” to “spur” the “growth” of the economy.

--  Fri Feb 12  Obama's Health Care Plan

--  Thur Feb 11  Global financial markets are spiraling out of control faster and faster these days with only about three possible scenarios left:  (1) a deflationary collapse of all paper currencies, (2) a hyperinflationary Depression, or (3) a return to the gold standard.  Which of the three, or a combo of the three, do you think the monetary managers of the world will choose?  Door # 1, Door # 2, or Door # 3?  Or will the people of various nations throw the central bankers out?  Not in Europe.  Maybe in the United States, if Congress ever passes an Audit the Fed legislation, revealing all the monetary shenanigans that the central bankers have been pulling off over the last 100 years.  Imagine what the people of the U.S. and the world could have produced, could have accomplished, if we had had a true free market.  Not talking about an increase in the quantity of material wealth but, more importantly, an increase in the quality of everybody's standard of living.  It has been governmental intervention, through central banking paper money schemes, into an otherwise free market, that has brought the global economy to the brink of financial and cultural destruction.  All founded upon what Ayn Rand stated many years ago:  the bankrupt philosophy of altruistic state collectivism.  Holding as its highest moral ideal, the sacrifice of the individual to the collective, altruistic state collectivism (Progressivism, socialism, fascism, communism, etc.) is the culprit that has produced today's current financial and cultural Depression.  Children graduating from public education with no ability to think, who have been brainwashed into little totalitarian worshipers of the Omniscient State, the Omniscient Welfare State.  College graduates who think paper is gold, who understand nothing about business, who know nothing about the underpinnings of true free market capitalism, are busy running the U.S. economy from their lounge chairs in the White House, Congress, and universities.  It is the latter group, through their fake academic education, that have brought this destruction upon the people of the world.  How it all ends is up to the common man and woman.  Will the average Joe and Jane Doe have the brains and guts to overturn the current tide of altruistic state collectivism?  Remember, the average Joe Doe is the victim of the state collectivists.  And as long as Obama and his Progressive administration continues to obtain the sanction of their victims, they will continue on their path to serfdom until they finally crash and burn.  All you have to do is just say no, vote them out, throw out the state collectivist central bankers, throw out the state collectivist public education system, and return our nation to a true limited Republic.  On the way, let's get back to a sound monetary system.  It's called gold.  I choose Door # 3 above, the gold standard.  How about you?  Let's get off our butts and do something about it in the 2010 Elections.  It may be our last chance.

--  Wed Feb 10  Whatsup in Idaho?  The state legislature just passed a Freedom From National Socialist Healthcare Act yesterday, or words to that effect.  Why?  In order to say, "Hell No!" to the Obama-Reid-Pelosi pending socialist health care bill which is dying a slow death, then CPR, then slumping into a coma, then resuscitated by mouth-to-mouth smooching behind closed doors, then knocking off, kicking the bucket... but wait, House Squeaker Nancy Pelosi refuses to give up the ghost... and, well, just in case Obama-rama-yama Care rises again from the dead, the Idaho legies enacted a Freedom From Mandated Health Care Bill.  Good for them.  Good for us.  Some 13-30 other states are also in various stages of enacting their own Freedom From Federal Health Care Mandates in order to be prepared to take it all the way to the U.S. Supreme Court, if necessary, should Obama Care rear it's ugly head.  The Idaho Dems, blind as bats in a high frequency sound testing facility, voted no, as expected.  They apparently still don't understand why altruistic state collectivism doesn't work.  They don't comprehend how government intervention into the market economy destroys the very market prices -- subjective exchange ratios in the catallactics of an evenly rotating economy -- and thus renders all calculation and forecasting by businesses completely meaningless.  Thus, socialist economies stall and we call it a Recession.  If governments persist, we call it a Depression.  If they still persist, we call it a World War.  The left Liberals in Idaho and at the national level are too busy concentrating on the sugar plum fairy day dreams of a utopian socialist society to understand that the concept of socialism is simply an economic contradiction in terms.  Socialism is -- as is every other stripe of state collectivism -- an expression of not understanding the axiomatic laws of Identity and Cause & Effect.  Wise up, Dems.  Stop bending over for the soap in the Progressive Shower.  You're getting screwed, too, dummies, whether you know it or not.

--  Tue Feb 09  Look for Greece to go belly up before this summer and trigger a global financial meltdown.  If it ain't Greece, it will be Spain or Portugal.  Italy will be next and then it will be Great Britain, France, and Germany.  The U.S.?  We will be there in the meltdown mix as the U.S. dollar finally collapses and everybody suddenly loves gold bullion as the new world currency.  Also suddenly, gold futures prices will pop to the moon.  So will gold derivatives such as gold stock and ETFs.  Then, President Obama will blame those who invested in gold for collapsing the U.S. dollar.  The dolt.  He, of course, will not understand or know how or why, but that's OK since he will be reading it off his teleprompter, written by Fed Reserve Chief Ben Bernanke.  In the end, Obama will end up out of a job and will audition for The American Idol with a song from Jesus Christ Super Star, "I am what I am, a big fat Progressive loser," with back up singers Oprah Winfrey, Valerie Jarrett, and The Nashville Pussies playing hot guitar riffs on their Fender Stratocasters.  Sorry Nashville, maybe you babes will renege on this gig.  I hope so.  At any rate, Greece, not the John Travolta Grease, is on its last financial leg and the rest of Europe is not far behind.  So much for the Euro and the U.S. pulp fiction dollar.

--  Tue Feb 09  Whoa, girl friends, pull up the floor and pour yourselves another hot cup of Rocket Java.  The central bankers from 24 nations all flew in to Sydney, Australia, for two days of shhh don't tell anybody secret meetings at a secret location.  So reports the Australian newspaper The Herald Sun.  The meeting was organized by the Bank for International Settlements, which is currently a joke since they don't settle anything but paper vs. paper but was set up during the last Brettonwoods Summit decades ago in order to settle (i.e. move gold bullion) between nations who wanted to turn in their dollars for gold.  Unfortunately, President Nixon slammed the gold window shut in August 1971, saying, "Tough patooties for you, you dummies.  You trusted us and look where it got you.  Holding our worthless paper which is now not convertible to gold like we ha-ha promised."  Previous to Nixon, the agreement was that the U.S. dollar would be tied to gold (at $35 per troy oz, then devalued to $42.20 per troy oz) and the rest of the world's paper currencies would be tied to the dollar.  Suckers.  Today, with all world currencies tied to nothing but inflated merde in the midst of a full-fledged global Depression and massive unemployment, the central bankers are now getting worried that somebody like Rumpelstiltskin -- the people -- may wake up soon and shout, "Hey, this Depression is all the fault of the hyper-inflating central bankers who went off the gold standard, inflated the crap out of our paper money, and pumped out trillions and trillions of dollars and Euros and Drachmas as Structured Investment Vehicles (non-collateralized jokes) and, betting against SIVs at the same time, Credit Default Swaps...for Chrissakes!"  Scheduled to secretly attend the secret meetings at a secret location are such Economic Village Idiots as Fed Reserve Chief Ben Bernanke, European Central Bank Director Jean-Claude Trichet, and other counterfeiters.  "Oh yeah, this is just another one of those conspiracy theory meetings made up by Glenn Beck," said The NY Times.  Right, so how come Fed Chief Ben Bernanke flew into Sydney, Australia, last Friday and coincidentally so did 23 other central bankers and their butlers and high-priced call girls?  Throw another shrimp on the Barby, mates, and don't take no wooden nickels...

--  Mon Feb 08  This may be the year of the Independent.  The voters are totally fed up with both major political parties, the GOP and the Democrats, and if you think you could win running as either an Independent, or a Tea Party candidate, or a Libertarian-Tea Party-Fiscal Conservative wild card, then I urge you to do it.  Don't spend a lot of money.  Just put up a good Web Site and put forth arguments along the line of Glenn Beck, Rush Limbaugh, Sarah Palin, Ron Paul, and other mostly free market oriented individuals.  If you do, you stand a very good chance of winning.  But, I suggest you bone up on world and national affairs, read Libertarian free market economics, understand what real money is and what the central bankers have done throughout history, study the philosophy of Ayn Rand, and then you will be able to debate and kick butt in the 2010 Elections and the 2012 Elections.  What is needed in Congress is not somebody who will promise more and more government interventionist cookies, but rather somebody who will stand up and chop down all the previous interventionist legislation that we now have.  The only thing we need is for politicians to chop the welfare state down and then get the hell out of Dodge.  Don't run for office with the idea that you, qua a Benito Mussolini, know best how to micro-manage the market into a wealthy economy.  The act of managing an economy IS the act of destroying its subjectivity, and thus market prices, and thus the ability to plan, and thus the entire market itself.  That is why, today, businessmen cannot make plans and nothing positive is happening in the economy.  The government -- via Congress, the President, and the Federal Reserve -- have destroyed the subjective free market pricing mechanism and thus destroyed the very mechanism required for a market to function.  If you blow up the engine to your '57 Chevy, it ain't going nowhere.  The Federal Reserve, Congress, and Obama have blown up America's engine, and we ain't going nowhere, either.  Like real fast.

--  Mon Feb 08  Does it bother you that Republicans are busy arguing that Obama has not sat down with them to discuss a national health care program?  And Obama and the Demos claim he has?  This debate is framed around the wrong premise.  It is neither the function of the Presidency OR the Congress of the United States to discuss or decide anything about the health care industry of America.  The only thing Congress should do is lift the current interventions into the health care industry so the free market can work.  Period.  Voters, beware.  Do not get caught up in the fake premise that it is the function of our politicians to do anything about health care except to get out of it.  Obama's current 2,000 page national socialist health care baloney should be thrown into the trash and Congress should repeal laws that prevent consumers from buying health care across state lines.  In addition, we need tort reform against frivolous health care lawsuits.  Finally, we need to reform Medicare and Medicaid, eventually but not all at once, abolishing all federal and state intervention into the health care of Americans.  Next on the agenda, we must reform Social Security, slowly phasing it out for future Americans and possibly giving them their money back so they can invest in their own private retirement plans.  Current recipients must continue to receive Social Security payments from the U.S. Government, not because it is welfare, but because the current older generation was FORCED to pay into this ill-conceived government program.  Solving these two programs alone, Medicare/Medicaid and Social Security, will go a long way to bringing this country back to fiscal responsibility.  The last thing we need to do is to add a national socialist health care boondoggle on top of the M/M and Soc Sec programs.

--  Mon Feb 08  Congress and the EPA will soon duke it out in an Ultimate Battle concerning the definition of CO2 and other greenhouse gases within the Clean Air Act.  While Obama's EPA Director, Lisa Jackson, is busy re-writing new rules that would allow her to drive a tax and regulation bulldozer through the U.S. economy under laws never meant to apply to greenhouse gases, Democratic Reps Ike Skelton of Missouri and Collin Peterson of Minnesota, Chairmen of the House Armed Services and Agriculture Committees, respectively, are pushing a two-page bill that would amend the Clean Air Act, restoring it to Congress' original intent and stripping CO2 and other greenhouse gases from the statutory language.  If this legislation succeeds, it will wipe out the Obama administration's and EPA's "endangerment ruling" for CO2 and thus drive the Cap 'N Tax debate back into Congress where it can be rightfully deep-sixed.  The only way America will ever solve pollution is in the free market of ideas, commodities, and services, not in the halls of Congress or at the, ugh, Environmental Protection Agency.

--  Mon Feb 08  The stupids at the U of Idaho in Moscow are racking their brains trying to come up with the money and the OK from the State Board of Education to crank up a full 3-year law school extension in downtown Boise.  The problem?  The Bozos want to renovate the old Ada County Courthouse, estimated to cost $7 million, to house their Law School Extension and we are in the middle of America's Greatest Depression.  Duh.  The money ain't there, for one thing.  The state of Idaho is collecting one-third less revenue this year than in the past.  There is NO money for this frivolity, and frivolity it is since a private law school, Concordia of Portland, Oregon, has already announced that it will open its doors to a full-fledged 3-year law school in Boise in 2011.  So the Big Question is:  why is the U of Idaho pretending we need two law schools in Boise?  Why should the taxpayers have to cough up $7-plus million to duplicate what the free market is willing to do at no cost to the taxpayers?  Because somebody at the U of Idaho is trying to expand his/her Public Education Empire and he/she doesn't care what it costs the plebes to pay for it.  The word "public education" is sacred in Idaho and if you dare mention it in the same breath as "cut the damn waste, fraud, and abuse in spending," the altruistic state collectivists on both sides of the political aisle will come charging down the hill like Genghis Khan on his last bloody crusade to save 8 fictitious children drooling in a wheelchair in front of the Parliament of Whores as a hired boogeyman pretends to take away their last all-day suckers.  Doesn't everybody have a constitutional right to receive an education?  Yeah, right, just like everybody has a constitutional right to receive health care or a car or a house or a Day-Glo Yo-Yo.  And your rights to produce are subordinate to their rights to receive from you, which makes you their slaves.  Yeah, constitutional rights for Peter to rob Paul to redistribute the wealth.  Oh, hi ya, President Barack Obama.  'Sup, dog?  Back to the scene of the crime, last time the knuckleheads at the U of Idaho tried to extend their campus into downtown Boise, they failed miserably, like to the tune of $100 million in fake rental vs. lease purchase payments for the new Ada County Courthouse (still going on today) and $136 million in losses and corruption for a U of Idaho extension on Front Street.  You can read all about it in the book, Boise's Watergate: University Place & All The Governor's Men, with "Governor" referring to then Governor Dirk Kempthorne.  Has the U of Idaho learned nothing from this scam?  Has the State Board of Education learned anything?  Apparently not.  Hopefully, the voters still remember or it will be deja vu all over again.  The U of Idaho needs a law school in Boise like we need a $60 million Streetcar named Desire.  (See the next article.)

--  Sun Feb 07 

Boise's spiffy electrical overhead designer wires for Mayor Bieter's $60 million 2.3 mile Trolley Folly.

Yo, girl friends, honk if you agree with Democratic Mayor Dave Bieter of Boise, Idaho, that we need to blow $60 million to build a streetcar system named Desire for downtown Boise.  Yeah, that's $60 million to build a 2.3 mile BoDo (Boise Downtown) Trolley Folly, plus $1 million in maintenance costs per year, complete with digging up downtown Boise's main streets to lay steel rails and -- can you believe Hiz Honor's bad taste in electrical overhead designer wires?  (See above, then barf.)  Who's going to pay for this mess?  Local businesses currently going broke within a 2-3 block radius of the proposed Trolley Folly via an LID (Local Improvement District) tax, which, by the way, about 90% of the businesses, including Idaho Power, do not support.  "Riding the rails will be 'free,'" says Mayor Bieter, who flunked Basic Bonehead Math at Cole Elementary School in 1957.  Nor has he ever studied free market economics.  That means nobody but the local homeless, winos, and Jack the Ripper will be riding, sleeping, living, and urinating on the "free" Trolley as it runs around and around in circles like a Kafkaesque Merry-Go-Round in a 2.3 mile endless loop passing empty buildings after all the businesses get tired of Waiting for Godot to show up to buy something, go bankrupt, and pull up stakes for greener pastures.  Meanwhile, somebody -- and I suspect it will be the Boise taxpayers -- will have to cough up $1 million per year to pay the maintenance for Mayor Bieter's Ghost Trolley to Nowhere.  But, ooh, get this, my little Keynesian Economic Village Idiots on the Boise City Council, at least Mayor Bieter will have temporarily hired his brother's Acme Construction Co.'s workers for two years to rip up the streets of Boise, pay-rolled by federal taxpayer money from all the other 49 bankrupt states in the Union who will be trying to pull off the same idiotic economic stunt as Boise, Idaho, building trolley cars to nowhere to pretend President Obamayama has magically increased employment.  Round and round and round it goes, where it stops nobody knows.  It's not nice to try and fool Mother Nature or Father Economics and, by the way, two plus two -- no matter how the left Liberal Progressives try to redefine reality and mathematics -- still equals four, which means $13 Trillion plus $50 Trillion in federal deficits still equals, let's see now... about minus $63 Trillion.

--  Sat Feb 06  What's the chance of winning Obama's War, the War in Afghanistan?  First, nobody has defined the term "winning."  So like a salesman who is a lousy project manager, Obama has no clue about how to establish objectives nor implement the tasks necessary to monitor or achieve his "lack of" objectives.  Second, if one compares the lack of success in training Afghan soldiers with the lack of success in training South Vietnamese soldiers in the Vietnam War, you can bet your last dollar that the U.S. will not be successful in obtaining any results in Afghanistan other than an abject military failure and a nation that hates our guts.  After 8 years of attempted training, Afghan troops are not ready to do much of anything except smoke hash, which reports show they regularly inhale almost on a daily basis.  Afghan soldiers: (1) smoke hashish daily instead of preparing their weapons and gear, (2) are mostly delinquents thrown out of their local villages, (3) show up for the money only, (4) wear their helmets backwards, (5) desert at an alarming rate, (6) lose their equipment including their rifles, helmets, flak jackets and other gear, (7) have no motivation to fight their native insurgents for a foreign government (the U.S.).  As one U.S. training officer said of the typical Afghan soldier, "If you informed the Afghanistan troopers that the enemy was going to drop a bomb on them at 8:30 am, you can bet they would still be drinking Chai tea at 8:29."

--  Sat Feb 06  Texas GOP Rep. Ron Paul has just introduced H.R. Bill 4248 called the Fee Competition in Currency Act in which he calls for Congress to (1) end the Federal Reserve's monopoly on creating money, (2) allow private mints to coin gold and silver coins to compete with the Fed Reserve's money, and (3) provide for free competition between sound currency backed by gold and silver as stated in the U.S. Constitution.  Rep. Paul further states that if we continue on our current Federal Reserve created inflationary path, we will not solve our current Depression.  But if we allow a competing hard currency, such as gold and silver coins and gold and silver backed paper dollars, at least we will be able to easily switch over to sound money and move back into commerce and a free market once again.  In short, it's time to dump the central banking cartel that has, with Congress, caused this entire deficit spending scenario and get back to free market capitalism.  Which means: no more special interest legislation, no more deficit spending, no more earmarks, no more Keynesian Quantitative Non-Economic Nonsense.  Period, case closed, and that's the name of that tune, girl friends.

--  Fri Feb 05  The President's Plunge Protection Team, the Fed Reserve and its big member bankstas like JP Morgan who illegally buy and sell 70% of the precious metals market on a daily basis, hammered gold and silver futures yesterday with the full sanction of the SEC and CFTC (Commodity Futures Trading Commission, knocking the price of gold down from $1,108 to about $1,058 and samo-samo, proportionately, for silver.  Why?  to show you that gold is worthless and the U.S. pulp fiction dollar is OK.  How do they do it?  Four major bullion banks, on a daily basis like clockwork, short precious metals and then cover their butts by going long.  Trouble is, it's illegal to trade the amount of futures contracts that they trade on a daily basis.  So why doesn't Mr. Gensler, Barack Obama's CFTC Czar, do something about this obvious manipulation of the commodities market?  Because it fits right in with President Obama's "fundamental change" to America program.  Just think what the price of gold and silver would be if left to a true free market.  Probably in the neighborhood of $5,000 to $20,000 per troy ounce denominated in our highly inflated U.S. dollars.  Amazing fact is that JP Morgan and cohorts own millions of shares of gold stock, worth billions of dollars, so you know they're raking in huge profits coming and going (shorting and going long) every day with the eventual goal of cutting loose and letting gold revise upward, along with their millions of shares of gold stocks, to earn tons more money.  Hey, follow the Big Boyz and you can make a lot of dough, too.  Especially if you know exactly when the Banksta Boyz at JP Morgan and Goldman Sachs will jump in and short their contracts.  Hey, is it 10 am NY time, yet?  Get ready.  Here they come again.  Yahoo, what a coincidence.  Like the rising tides...

--  Thurs Feb 04  Are you a retired California teacher?  If so, your ass is in a sling.  The California State Teachers Retirement Fund, CalSTRS, is going bankrupt.  As of June 30, 2009, CalSTRS can only fund 77% of its pension commitments and is running a $43 Billion shortfall.  That's "B" as in Billion.  At the current rate of losses, CalSTRS will be insolvent in less than 35 years, which means if you're a teacher working toward retirement, you are essentially throwing your pension withholding money down a rat hole.  In the past, actuaries estimated that CalSTRS needed to earn at least 8% per year to stay solvent.  Today that estimate has jumped to 20% earnings per year, a rate that even a dead horse knows is not possible, unless, of course, you are smart enough to dump it all into gold bullion, silver bullion, and precious metals derivatives such as gold stock.  But I wouldn't even count on that since JP Morgan and 7 other major bullion banks are busy shorting the crap out of bullion to keep the price down.  Will they succeed is another question.  Nobody at CalSTRS will be investing their pension money into precious metals anyway so it's a moot point for them.  The point is, California teachers who think they are going to retire on easy street in 5-10-15-20 years are going to receive the shock of their lives when they discover the coins ain't there.  This is just another one of the unintended consequences of the U.S. government going off the gold standard and allowing a private cartel of central bankers at the Federal Reserve to pretend that they can inflate the dukie out of the U.S. dollar without bad economic consequences.  Nor do the public education teachers in California (or America in general) understand enough about true free market economics to be able to do anything to protect themselves from the results of the very socialist sophisms they continue to teach to their students.  The National Education Association (NEA) supported socialist President Barack Obama with hundreds of millions of dollars in contributions.  And the unwitting payback to the teachers of America is that President Obama is implementing ridiculous state collectivist programs that will destroy the NEA and its teachers.  Are the teachers coming full circle?  Are they getting their just educational deserts for teaching state collectivist crap to the youth of America who, in turn, grow up and actually implement the economic and socialist baloney they were taught, which then destroys their ill-informed educational mentors, their pub ed teachers?  You tell me.

--  Wed Feb 03  President Barack Obama, completely disregarding the growing loss of Democratic Congressional seats to Republicans and Independents all across America, continues to trudge across the U.S. delivering his same old tired socialist message of "fundamentally" changing America.  Translation:  replace the U.S. Constitution with a copy of Marx and Engels' Das Kapital and The Communist Manifesto.  Showing up to high school gymnasiums and Moose Lodges across the heartland of America with his pre-selected audiences and trusty teleprompter, Obama is now living in a total state of denial.  Denial that the overwhelming majority of people do not want national socialist health care.  Denial that the majority of people do not want the government to play the fake "stimulus" money giveaway game.  Denial that the majority of Americans are sick and tired of Obama's lies, lies, and more lies about jacking up the budget by 25% in one year and then claiming he will save money by "freezing" the budget.  Denial that the average Joe Doe doesn't understand that Obama can't count budget revenue from tax money that doesn't exist -- like taxes from a Cap and Tax Program that doesn't even exist.  To whom does President Obama think he is speaking?  That is what worries me and a lot of other people:  namely, the fact that Obama does not seem to be in touch with reality.  Could it be that he is so smitten with his narcissistic speeches, one or more per day, the sound of his own voice, that he now doesn't even realize that his repetitive babblings are falling on deaf ears?  This president is in deep trouble and the real problem is that he doesn't even know it.  Maybe he's just out to enjoy the short train ride before our Keynesian Economic Locomotive jumps the track and crashes smack dab into reality, who knows?  What a shame.  The first black American president tries to force America back into slavery -- the slavery of state collectivism -- and the slaves revolt.  It's blowing in the wind; a change is gonna come; but not the one Obama thinks.

--  Wed Feb 03  Democracy and voters are now irrelevant in America's current corporate socialism.  The insatiable power of Washington's insider lobbyists Hank Paulson, Timothy Geithner, Barack Obama, Ben Bernanke, Goldman Sachs, JP Morgan and other Wall Street subsidiaries of the Federal Reserve central bank -- through their lobbyists and former employees -- have absolute control over the monetary system and deficit spending in the U.S.  Unless you, the voter, act to remove the current crowd of crooks sitting in Congress by voting them out in the Elections of 2010 and then dump the Federal Reserve, you will soon become a non-entity in a non-Republic functioning on non-money with no Constitution.

--  Wed Feb 03  Shadow Banking, the Derivatives Time Bomb.  Nobody is addressing the growing problem of the unfunded, non-collateralized, non-secured, non-backed $670 trillion -- that's $670,000,000,000,000 -- in Wall Street derivatives floating around in the world market, the total global GDP of which is only $50 trillion.  Those of you who absurdly continue to argue that the backing for U.S. dollars is America's GDP should reflect upon the following errors in your assertion:  (1) America's annual GDP is $15 trillion, so why did the Fed Reserve and U.S. Treasury issue or allow to be created $670 trillion by Wall Street investment banks, a sum that is 45 times GDP, and (2) since the Fed Reserve does not own your, or anybody else's portion of America's GDP, i.e. your car, your house, your computer, etc., then by what right does the Fed Reserve issue paper notes against your private property?  The truth is that the U.S. dollar (paper and digital money) is not issued, backed, or secured by America's GDP.  It is issued in secret by a cartel of private central bankers, created out of thin air, for their own personal aggrandizement and billed to to taxpayer as a National Debt on the pretense of solving some fraudulent altruistic state collectivist scheme such as health care or public education or you-name-it.  How long can this blatant "legal" counterfeiting go on?  How long can we continue to disregard the $670 TRILLION derivatives time bomb?  Not long.  This bubble will eventually burst and a lot of people will lose everything they have.  Everything.  Will it be you?  This is how important it is for you to vote out the current bums in Congress and replace them with new statesmen and women who will dump our pernicious central bank, the Federal Reserve, and return America back to a sound monetary system.
 

U of Idaho Wallace pleads GUILTY in $136 mil University Place fiasco...

25% Off Boise's Watergate book
available @ Random House Xlibris Bookstore
Soft Cover Was $20.99 Now $15.99
Hard Cover Was $30.99 Now $22.99

Deep Throat, Deep Throat II, Deepest Throat...how many damn Deep Throats are there in Idaho anyway?

About the author...I was born at the Alamo.  Then we moved to Japan.  Then to California, where I learned the dirty bop.  Attended UC Berkeley.  Got drafted into the Army.  Worked for the Assistant Chief of Staff, Intelligence, in the Pentagon and Saigon, Vietnam...in a steel vault two feet thick with cipher locks.  Top Secret Crypto Eyes Only security clearance.  Cranked up four corporations.  Managed Pacific Northwest branch of  a NY Software Company.  Moved to Boise, Idaho.  I'm an investigative journalist writing under a fake name.  Nobody would name their kid "Deep."  And no, my last name is not "Throat."  I dig up dirty laundry.  Dirty political laundry.  On the QT.  Hush-hush.  It's a dirty job, long hours and the pay stinks.  But it's a living and there's lots of dirty political laundry in Idaho.  I lean over a lot of fences, drink a lot of Rocket Java, and listen through beer mugs pressed against bathroom walls.  Right now I'm on my way down to check out another dead body at the Idaho State Legislature.  I better be careful...or it might be my own. -- Deep Throat II   Contact author

What they're saying about Boise's Watergate:

"Of course it was a fix.  It's an incestuous mess." -- Senator Stan Hawkins (R-Ucon), 18-year veteran legislator who voted NO on the University Place fiasco

"You are on the right track.  But you need deeper background.  I have it.  I know where every skeleton is buried.  But I need deepest cover.  You cannot reveal anything about me, not even where or how or by what means you obtain info from me.  Zip, zilch, zero, nada.  You must protect this source even if a judge threatens to send you to jail for contempt." -- Deepest Throat, anonymous source

"Finally, someone with the brains and guts enough to connect the dots between the $100 million Ada County Court House scam and the $136 million University Place fiasco as one big crime spree against the taxpayers by the Boise lawyers, politicians, and Cryptic Partners.  A fast read, this book deserves to become a best seller." -- Sharon Ullman, Ada County Commissioner (2001-2003, 2009-2012)

     Table of Contents    

Chapter  1 - The Cookie Monsters
Chapter  2 - All The Governor's Men
Chapter  3 - Cryptic Partners
Chapter  4 - Shark Frenzy:  Give-Us-Your-Purses
Chapter  5 - Holy Eureka, It's "Hoover Time!"
Chapter  6 - UI and UIF Cookie Jars
Chapter  7 - Nolo Conflicto?
Chapter  8 - Governor's Legislative Dog & Pony Show
Chapter  9 - Boise's Watergate
Chapter 10 - ISBA Throws Monkey Wrench at UIF
Chapter 11 - UIF fires Cryptic Partners for $18 mil?  Excuuse Me?
Chapter 12 - Whistle Blower Winstead
Chapter 13 - Follow The Money
Chapter 14 - "Absolute Power Corrupts"

-------------

Green?
 Did somebody
 say Green?

   Drive the
 ultimate in Green cars.
  Drive the all-electric Tesla sports car.  Zero emissions, zero fossil fuels, and zero carbon footprint.  Well, as close to zero as you can get.  0 to 60 in 4 sec flat.  Beats the crap out of  Corvette, Ferrari, Porsche,  Testaroonie-whatevers and the space shuttle.  Go Green.  Vrooooommmm... off in a cloud of, well, electrons...

-------------

Breaking the
Demopublican Monopoly
How to Unify the Political Right with a Third Party that Can Win

By Nelson Hultberg

New Revised Edition, 112 pgs., $11.95

   We are taught in school that the strength of the American political system lies in the fact that we have a "two-party process." This is akin to teaching that babies come from storks. It is a fairy tale we spin out to avoid messy details of reality we prefer not to face.

   The reality is that America is now a one-party state. The Democratic and Republican parties have become nothing but two divisions of the same party -- the Central Leviathan Party. No matter who wins, we always get more spending, more taxes, more inflation, more bureaucracies, more wars, and LESS FREEDOM.

    Previous National News   

Secret Banking Cabal Emerges From AIG Shadows
by
David Reilly
Feb 05, 2010

New York, NY Jan. 29 (Bloomberg) -- The idea of secret banking cabals that control the country and global economy are a given among conspiracy theorists who stockpile ammo, bottled water and peanut butter. After this week’s congressional hearing into the bailout of American International Group Inc, you have to wonder if those folks are crazy after all.

   Wednesday’s hearing described a secretive group deploying billions of dollars to favored banks, operating with little oversight by the public or elected officials.

We’re talking about the Federal Reserve Bank of New York, whose role as the most influential part of the federal-reserve system -- apart from the matter of AIG’s bailout -- deserves further congressional scrutiny.

   The New York Fed is in the hot seat for its decision in November 2008 to buy out, for about $30 billion, insurance contracts AIG sold on toxic debt securities to banks, including Goldman Sachs Group Inc., Merrill Lynch & Co., Societe Generale and Deutsche Bank AG, among others. That decision, critics say, amounted to a back-door bailout for the banks, which received...  More..

ObamaCare is not about health care; it’s about control and profits.  Oddly enough, it’s not the insurance companies; it’s the central bankers…
Dec 21, 2009

ObamaCare is not about health care.  It is all about control and power.  Not by the government, however, but by the central bankers.  The central bankers do not care about controlling the direction or outcome of the War on Health Care; they care about controlling the debt that will be incurred by nationalized health care.  That’s why every government action in a collectivist state must be couched as a War:  a War on Education, a War on Drugs, a War on Housing, a War on Cars, a War on Climate Change, and the Wars in Iraq and Afghanistan and Vietnam and Korea and WW I and WW II and all the other wars in every country in the world.  Somebody has to finance it.  And the central bankers of the world pushing inflationary policies of ‘elastic paper currencies’ are standing ready to loan governments – often both sides of a war -- all the cash they want to finance their giant collectivist Welfare States built upon paper promises.  Obama, of course, doesn’t understand this about the Federal Reserve.  He’s just running to stay in place, to stay in power, pushing his socialist agenda because he’s not very intelligent and he actually believes in socialism.  But the central bankers understand that ObamaCare is not about health care.  It is simply one more chunk of indebtedness that the Federal Reserve stands prepared to finance and control with pulp fiction dollars.  Printed out of thin air.  Not backed by gold or anything else except pulp fiction promises.  The Brits did it.  The European Union countries succumbed to it.  Cuba, Canada, Sweden, Denmark, and Latin American Banana Republics have all sunk into central banking indebtedness.  Now, as ObamaCare threatens to pass both Houses of the U.S. Congress, the people of America will soon become complete slaves to the private U.S. central banking cartel, the Federal Reserve, whose only goal is:  expanding and controlling the debt.  Follow the money.  ObamaCare is not about health care, it’s all about controlling a nation’s future indebtedness with elastic, non-backed, pulp fiction money.  That is the true purpose of a central bank, which makes the concept of “systemic risk” all the more funnier in an ironic sort of way since the system already failed as soon as it succumbed to the central bankers.

Washington, DC –  A small panel of selected Democrats voted on ObamaCare in the dead of night, early this morning at 1 a.m., to pass their nationalized health care plan that will drive America into a huge indebtedness.  Actually, they didn’t vote directly on the 2,100-page health care bill.  They voted on a 383-page “manager’s amendment” in a secret meeting with extreme left Liberals behind closed doors… with no debate.

   The 383-page “amendment” detailed plans by Senate Majority Leader Harry Reid to rip-off the other 49 states to “guarantee” the last Democratic vote hold-out, Senator Ben Nelson (D-Nebraska), a 100% Medicaid payoff for Nelson’s state, in perpetuity, which means:  forever.  Plus, the Obama administration promised to withdraw its threat to close all the military bases in Nebraska if Senator Nelson promised to vote to support Socialist Obama’s nationalized health care program.  So, of course, crooked Senator Nelson, who apparently has been pretending to be a hold-out on ObamaCare unless the socialist health care plan sufficiently addressed his concerns about abortion rules, melted faster than a hot cube of butter in the Mojave Desert.

   Should we blame the last hold-out?  After all, the Obama Administration has made all kinds of deals with our Parliament of Whores to get his health bill passed.  Louisiana Senate Hooker Mary Landrieu sold her body, mind, and soul for $300 million and was proud to announce it on national TV last week.

   Senator Nelson is not the only guilty party.  He was simply the last to cave-in.  Senator Lieberman “Twinkle, twinkle, little bat, how I wonder where I’m at” was the second to the last to be bought off by America’s Head Pimp Obama.  All 60 Democratic senators are just as guilty as Nelson and Lieberman for selling out the American people – the majority of whom, 60% or higher, depending on which poll, oppose ObamaCare.

   As today’s Wall Street Journal details in a well-written, long Op Ed entitled, “Change Nobody Believes In,” ObamaCare is a morass of unintelligible gobbledegook of bureaucratic baloney that nobody understands, nobody will be able to implement, and the financial consequences of which threaten to bankrupt not only just the health care sector of America, but all related industries, too.  It will not just be 14% of the market economy that constitutes health care that gets financially whacked out of shape.  The entire economy will suffer as employers and individuals scramble through the unintended economic consequences brought about by this labyrinth of contradictory oxymoronic law and non sequiturs.  You must do A, but first you must do B, but if you do B you cannot have A… and so on.  It will take time for America to go bankrupt, but it will happen if ObamaCare passes and the GOP or Tea Party party does not win a majority in the 2010 elections.

   But even as good an Op Ed that the WSJ editorial wrote on this subject, they did miss the main point.  Which is:  Who Stands to Profit from this Bureaucratic Madness called ObamaCare?

   The best way to answer this question is...   More...

How Big is a Trillion Dollars?
Dec 07, 2009

Washington, DC  –  Whoa, girl friends, gather round, shut up, and pour yourselves another hot cup of Rocket Java.  Have you ever seen a million dollars?  How about a billion dollars?  What does One Trillion dollars look like?

   All this talk about "stimulus packages" and "bailouts"... A billion dollars here... a hundred billion dollars there... Eight hundred billion dollars for President Bush’s TARP bailout... Eight hundred billion dollars for President Obama’s ARRA “stimulus package”… One TRILLION dollars...

   What does that look like?

   Let’s start with a $100 dollar bill, currently the largest U.S. denomination in general circulation.

   A packet of one hundred $100 bills is less than 1/2" thick and contains $10,000.  Fits in your pocket easily and is more than enough for a week or two of shamefully decadent fun.

   Believe it or not, this next little pile is $1 million dollars (100 packets of $10,000).  You could stuff that into a grocery bag and walk around with it.

   While a measly $1 million looked a little unimpressive, $100 million is a little more respectable.  It fits neatly on a standard pallet...

   And $1 BILLION dollars...

   Next let’s look at ONE TRILLION dollars...  More...

New Government Health Care Plan Struggling To Find “Single Payer” Name
Oct 27, 2009

Washington, DC – The recent passage of President Barack Obama’s $10 Trillion nationalized government health care plan was put on hold Friday evening as Congress struggled to find an available “Single Payer” terminology for its name.

   “Already rejected as previously trademarked or politically incorrect are ObamaCare, HillaryCare, RomneyCare, TennCare, WhoCares, I Certainly Don’t Care, NoCare, Who Gives a Rat's Ass, Single Payer, Double Payer, 300 Million Taxpayers, Govt Co-ops R Us, State’s Option, State’s Choice, UR Choice But Not Really, Federal Choice, No Choice, Federal Free Market Socialist No Cost Pinko Capitalist Commie Ration Plan, Death Panel Cardio, Death Panel Cancer, Death Panel Diabetes, Death Panel Tonsils, Death Panel Left Elbow, Dead Man Walking/But Not For Long, Medi-Gap, Medi-Gasp, Medi-Grasp, Medi-Crap, Medi-Crud, Medi-Dead, Pull Grandma’s Plug, Pull The Taxpayer’s Leg, Doc ‘N a Box, Stop ‘N Gasp, Stop ‘N Grasp, and Ding-Dong Time’s Up,” said U.S. House Speaker Nancy Pelosi, who noted that she has even exhausted such British variants as ‘Take a Number, You Dolt’ and ‘Bloody Hell No, Not In Your Lifetime, Crumpet Buns.’

   “An Official Long Term Hospital Parking and Refueling Facilities name for all patients forced to take a number and wait two weeks or longer for ObamaCare -- or whatever name is eventually chosen to describe America’s new National Health Care Program -- is also up for grabs with the following suggestions by Congress...  More...

Jesus appoints Obama as “Associate Christ”
Oct 26, 2009

Swamped by millions of requests for guidance and wealth redistribution, Jesus Christ hires American President Barack Obama as the first-ever Assistant Savior.

Washington, DC – Overwhelmed by a constant deluge of prayers and appeals for salvation and wealth redistribution, Jesus Christ announced Friday the hiring of Chicago, IL, neighborhood organizer, U.S. President Barack Obama, as Associate Christ.

   “I’ve needed an Assistant Savior for a long time now, and I’m thrilled to finally get some help,” Christ told reporters at a White House press conference aired on the Holier Than Thou Broadcasting Network ABC, NBC, MSNBC, CBS, CNN, PBS, NPR, the Oval Office and Al Jazeera.  “Barack is an experienced guy who, Lord only knows, can take the load off my shoulders when our neighborhood schools need a big Weather Underground cake sale or we need to replace the CEO of General Motors,” added Jesus.

   With the hiring, effective Halloween, 2009, Christians seeking spiritual aid or more money from their neighbors’ savings accounts will be able to pray to...  More...

Has Congress become an anachronism?
Sep 23, 2009

Did the Founding Fathers make a huge mistake in creating three branches of government instead of just two?  Think about it.  Since we already have the rules spelled out in the Constitution and Bill of Rights regarding our rights and freedoms, what’s really left for Congress to do except to create tons and tons of conflicting special interest legislation that infringes upon our freedoms?

Where did the Founding Fathers go wrong?  Or did they?

Washington, DC – Let’s discuss the basic structure of the government of the United States and – in light of our 2^nd Great Depression and increasing governmental intrusion into the life of the individual -- ask an important question:  namely, has the U.S. Congress morphed into an anachronism?  Has Congress outgrown its original purpose as one of the three “checks and balances” of government?  Specifically, has the U.S. Congress turned into exactly the type of authoritarian and corrupt entity against which we fought a Revolutionary War for Independence in the 1700s?

   Time for a brief History review.  Listen up, girl friends.

   233 years ago, the Founding Fathers of America broke away from a despotic form of government in Britain called a Monarchy and established their own form of government called a limited Republic.  Our Forefathers did not create a Democracy with 51% majority rule.  They created a limited Republic.  What’s the difference?  A Democracy with 51% Majority Rule is the exact antithesis of the concept of inherent individual rights and freedoms.  Inherent means we obtain our rights and freedoms from Nature, not from the government.  Limited means that our Republic is constrained, meaning, it:  (1) prohibits infringements upon individual rights, and (2) confers upon the U.S. Congress certain limited authority to pass legislation by democratic majority rule, as long as said legislation does not infringe upon (1) above.

   And that is the key:  as long as said legislation does not infringe upon our inherent precursor rights.

   These concepts (1) the source of our inherent rights, i.e. Nature not government, and (2) a limited Republic are important to understand:  Congress cannot infringe upon precursor rights of the people that brought about the creation and the very existence of Congress in the first place, and, in the second place, Congress cannot use the limited duties granted to it by the people to infringe upon the explicit or implied provisions of the U.S. Constitution.  In street talk, Congress can’t dump on those who brought it into existence – unless Congress has become Frankenstein but that’s another movie.

   In short, Congress was not created to be our master; Congress is supposed to be our servant, the protector of the rules, the laws, – not enforcer, that’s the job of the Executive and Judicial branches -- governing our inherent rights obtained at birth.  Today, however, Congress has morphed into what could minimally be described as an expensive snotty little brat throwing temper tantrums on the floor of Capitol Hill.  Somebody, I suggest WE the people, needs to collectively spank Congress’ collectivist little butts.

   I digress, but back to the scene of the crime.

   The explicit protections of individual rights are enumerated in, but not limited to, that portion of the U.S. Constitution we call the Bill of Rights.  Protected rights enumerated in the Bill of Rights are not to be mistaken as the only rights of the individual.  All other rights not specified belong to the individual, not the government.  In fact, Madison and Jefferson were loathe to even create an explicit Bill of Rights since it was clear in their minds that all mutually non-infringing individual rights and freedoms are automatically obtained at birth and do not need to be specified over and over in a Constitution since all rights spring forth from the same philosophical source:  inherent individual freedom.  As Madison said, this would be redundant.  And he was right.  However, many of the states in the 13 colonies had their own Bill of Rights and forced the inclusion of an explicit bill of individual rights in the new U.S. Constitution – fearing a future federal government would stomp on our major freedoms if they were not explicitly stated.  And it appears they were right, too.  Thus, the 13 colonies wouldn’t ratify the new U.S. Constitution and dump the old Articles of Confederation unless it included an explicit Bill of Rights.  Hesto presto, we got a Bill of Rights.

   In addition to protection of individual, not the collective’s, rights, the U.S. Constitution conferred certain limited authorities and duties to the Congress in Article I.  So we have two important areas, based upon two important fundamental concepts, to think about: inherent rights of the individual and specific duties of Congress.

   Fast forward to today, year 2009.

   We now have a U.S. Congress that appears to be totally corrupt, with out-of-control spending, and illegally ceding power to the Executive Branch of government – thus, subverting intra-governmental “checks and balances,” and, even worse, ceding power to a private corporation that controls and manipulates our U.S. Dollar, a private corporation called the Federal Reserve central bank.  As you will see below, Congress has misinterpreted their Constitutional duty to “regulate the value of our COIN, which must be gold or silver, by law” – as the authority to dump their job onto a private central bank.   Unfortunately, this is the root cause of our current Depression and was also the root cause of our first Depression in the 1920’s and 1930’s.

   As a result,  More...

Obama slaps tariff on cheap foreign moonlight
Sep 15, 2009

Washington, DC -- President Barack Obama yesterday slapped a protectionist tariff against the importation of cheap foreign light from the Moon.

   "I will not stand by and allow the importation of cheap foreign moonlight to bankrupt our national electric light bulb industry," said President Obama, as he invoked Federal Tariff Clause 4321 to save Americans from the dumping of free foreign moonlight from the Moon.

   "In the same manner that French Representative of Parliament, Frederic Bastiat, in 1840, urged the Marie Antoinette government in France to ban the cheap importation of sunlight into France with a Petition of the Candle Makers to protect France from unfair competition by the Sun, I am taking the necessary steps to save American industry from unfair foreign traders, to protect American manufacturers of electric light bulbs, U.S. cigarette lighters, North American Halloween torches, Gringo flashlights, and Yankee Doodle safety matches.

   I mean, think about the unfair cost of imported moonlight:  how much more cheap can you get than zero, and how much more foreign can you get than the Moon?  I know, I know, there will be those pig pirate capitalists out there who will claim that a protectionist tariff against the dumping of free foreign moonlight into our economy will encourage a reciprocal trade war.  But, I ask you, what products will those foreigners up on the Moon ban from importation from the U.S.?  Rocket ships and plastic flags?  Not hardly.  Our last three space shuttles have only flown to the Space Station to fix the anti-gravity toilets and, besides, American flags are now made in China.

   Nor do I have to remind you that moonlight is actually sunlight, light that is bounced off the surface of the Moon and redirected on purpose to ruin the U.S. economy.  I suspect it is the Afghanistanis who are behind this sinister economic plot to wreck America's electric light bulb industry by wearing SPF-52 sun block and sunglasses and landing on the Sun not in the extreme heat of the day, but rather in the cool hours of the night, and thus redirecting free foreign sunlight off the Moon and right into our own backyards under the full cover of darkness at night.

   And so, my fellow Americans, I am also directing my new Tariff Erection Czar, Charlie Cialis, to erect faster than Viagra -- for at least four hours at a whack -- a system of mirrors to reflect this unfair importation of cheap foreign moonlight right back into the faces of those Foreign Light Terrorists whose goal is to totally destroy our socialist economy.

   I implore you, what more could you ask for than 24-hour protection against the importation of cheap foreign light, a tariff against sunlight during the day and moonlight during the night?"

   And, while we're at it, let's invoke a 35% tariff against Chinese tires so they can reciprocate with an import tariff on American chickens and auto parts.

Fed Reserve, America’s legal counterfeiting ring
Aug 5, 2009

 “Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth.” – Alan Greenspan, published in Ayn Rand’s Capitalism: The Unknown Ideal, 1967, and The Objectivist, July 1966

 Boise, ID – Whoa, girl friends, gather ‘round, shut up, pull up the floor and pour yourselves another hot cup of Rocket Java.  Before former Federal Reserve Chief Alan Greenspan went over to the Dark Side of The Force, namely, Keynesian socialist economics, he was a free market economist who blasted the Welfare State, revealing that the true function of America’s Federal Reserve central bankers is to act as a “legalized” government counterfeiting ring whose “shabby little secret” is to rob the people with clever complicated mechanisms whose series of complex steps involve the member banks issuing and pretending that government bonds, not backed by anything, are treated as if they were an actual deposit of gold, which they are not.

   Read on and have your barf bucket handy.  You’ll need it as you discover that this is exactly what every administration since the inception of the Federal Reserve in 1913 has been doing, with President Barack Obama’s current administration running its Welfare State on steroids.  Says Alan Greenspan in Ayn Rand’s above-mentioned publications:

   “… But the opposition to the gold standard in any form – from a growing number of welfare-state advocates – was prompted by a much subtler insight: the realization that the gold standard is incompatible with chronic deficit spending (the hallmark of the welfare state). Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes. A substantial part of the confiscation is effected by taxation. But the welfare statists were quick to recognize that if they wished to retain political power, the amount of taxation had to be limited and they had to resort to programs of massive deficit spending, i.e., they had to borrow money, by issuing government bonds, to finance welfare expenditures on a large scale… Thus, government deficit spending under a gold standard is severely limited.

   The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit. They have created paper reserves in the form of government bonds which – through a complex series of steps – the banks accept in place of tangible assets and treat as if they were an actual deposit, i.e., as the equivalent of what was formerly a deposit of gold…   More...

A Brief Comparison of Political Systems
Apr 12, 2009

Freedom Chart (click)
by
Rick Graber

----------

Did U.S. Attorney Fitzgerald jump the gun in premature arrest of Gov. Blagojevich?
(Dec 14, 2008)

If U.S. Attorney Patrick Fitzgerald had waited, we might have caught Gov. Blagojevich accepting $500K - $1M from "Candidate # 5" and Team Obama appointing Gov. Blagojevich as Ambassador to Lower Slobovia as a quid pro quo.  Now the question is:  did Fitzgerald blow the "criminal" case by acting too soon, lowering it to a simple "threat?"

Also, did Fitzgerald overstep his prosecutorial ethics and blow his criminal case by blabber-mouthing his personal opinions about Gov. Blagojevich on national TV?

The Bigger Question is:  did the Big Boys behind the scenes order Fitzgerald to jump the gun on purpose in order to cut all ties to -- and thus keep their new puppet, Barack Obama, in -- the Oval Office where they can easily manipulate him for all their future national and international monetary and power schemes?

Chicago, IL – Stick a clothes pin on your nose, girl friends.  Something fishy stinks in Denmark.  And also in Chicago.

   Did U.S. Attorney Patrick Fitzgerald blow the criminal case against Illlinois Gov. Rod Blagojevich by arresting him before he actually committed the crime of selling Obama's U.S. Senate seat and receiving a quid pro quo, such as appointment as U.S. Ambassador, from Team Obama?  Was Fitzgerald too eager, too stupid, or did someone higher up jerk his chain and order him into a premature ejaculation of the law?

   Think about it.  Why the big rush to arrest Gov. Blagojevich just before he was about to appoint -- to "sell" -- Obama's U.S. Senate seat?  More...

China inflates its Pulp Fiction by $586 Billion
(Nov 11, 2008)

Beijing, China – The Chinese Communists, pretending to be capitalists running a free market economy, have announced they will hyper-inflate their paper Yuan by $586 Billion (Dollars) this year in order to ha-ha, you idjits, "stimulate the Chinese economy."

   Really?

   First of all, communism does not use real money.  Communists use "forced" or "fiat" paper currency backed by AK-47s wielded by the Commie govt -- just like the U.S. govt, minus the AK-47s.  The U.S. Congress passes its "fiat" Funny Money by voice votes down at the Parliament of Whores.

   Second, whether you are a Commie Economy (China) or a Keynesian Economy (the U.S.), printing up tons of Pulp Fiction will not only NOT "stimulate the economy," it will actually drive up price inflation, create unemployment, then produce a freeze in lending and a freeze in the use of said Pulp Fiction as a medium of economic exchange because it has no value, then cause Food Riots, bring about Martial Law (this is where the Commies are way ahead of us since they already wield AK-47s), then the break down of law and order, then a citizen revolution if the govt refuses to go back to real money such as gold and silver, then a re-ordering of the American govt into 3-5 or more regional feudal type of govts after the cops split for parts unknown and roving gangs take over whatever regions they happen to live near and vote themselves in as The Local Shogun.

   The really funny part of this scenario is how all the left Liberal and Republican news media idiots on radio, TV, and hard copy newspapers, including the WSJ, PRETEND that China is some sort of amalgam of socialism and capitalism using real money, with a real stock market, and allowing freedom of trade with real laissez-faire businessmen running real capitalist businesses, just like, well, just like we used to do in good ol America.

   Next thing you know, the dummy news media are going to tell us how China has a Constitution and Bill of Rights based on the concept of the inalienable rights of individuals, obtained from Nature.  Right... Uh-huh, you bet.

American voters vote yes for more socialism
(Nov 5, 2008)

Washington, DC – Americans celebrated cutting off their economic noses to spite their socialist faces yesterday as they overwhelmingly elected Barack Obama, a socialist Islamic terrorist supporter, as the 44th U.S. President.

   How did this irrational phenomenon happen in America, former land of the free, home of the brave?  Easy.  It started with the default of the intellectuals at all the colleges and universities in America as the academicians brainwashed America's sons and daughters into little altruistic state collectivists.  Keynesian GOP and left liberal economists finished the job by turning America's medium of economic exchange from gold into hyper-inflated paper.  All that was left was for The Pied Piper of Hamlin, Barack Obama, to come dancing by, playing his Marxist flute and leading all the little university dummies -- educated way past their intelligence -- down the path to George Orwell's '1984' without their even knowing it.

   The result will soon be catastrophic, both at an economic level and an individual rights level.  In effect, we have just witnessed the end of the U.S. Constitution and Bill of Rights, replaced by Karl Marx's Das Kapital and Lord John Maynard Keynes' Fascist Business Model.  The GOP central bankers implemented robbery for Wall Street; the Democratic socialists will implement robbery for Main Street.  Both political party's highest moral value is:  self sacrifice of the individual to the collective church or state.  The individual is now dead.  R.I.P.  Long live The Collectivist Borg. --FM Duck

GM Bailout Plot Thickens
(Oct 30, 2008)

Washington, DC – Ah ha, the plot thickens in the ongoing saga of GM pretending to buy out Chrysler.

   The CEO of Cerberus LLC is John Snow, former Sec of the U.S. Treasury and alumni of Goldman Sachs investment bank, just like current Sec of the U.S. Treasury Hank Paulson.  So, John Snow is looking to get taxpayer bailout money for Cerberus's GMAC subprime mortgage slime from alumni buddy Hank Paulson's $700 Billion Bailout Fund or Congress' $25 Billion Electric Car Fund.  Wow, don't the Wall Street bankers know how to feather their own beds and the beds of their Wall Street buddies?

   Read the following news item:  Mon Oct 20  GM to buy Chrysler?  Hmm, let's take a closer looksee at this little boondoggle, shall we?  Here's what's really going on.

   Cerberus LLC owns 80% of Chrysler; Mercedes' Daimler owns the other 20%.  Chrysler has a stash of $11 billion in cash.  Cerberus LLC owns 51% or so of GM, including GM's humongo GMAC car financing and, get this, subprime mortgage debt.

   So, the genius corporate welfare statists at Cerberus LLC have figured out a way to dump GM's GMAC mortgage indebtedness on the American taxpayer:  Cerberus LLC is offering to give Chrysler to GM in exchange for GM giving its GMAC mortgage debt to Cerberus LLC.

   Why would Cerberus LLC exchange Chrysler for GMAC mortgage debt?  Because Cerberus LLC can then get free bailout money from Treasury Sec Hank Paulson's $700 Billion Bailout Booty when Cerberus LLC whines to the government to bail out its GMAC mortgage indebtedness.

   After the Feds bail out Cerberus LLC, then Cerberus will still own 51% or so of GM and -- depending on the deal -- 80% of GM's Chrysler Division AND will have dumped its GMAC toxic mortgages onto the U.S. taxpayers.  Oooh, tricky, tricky.  Cerberus LLC off-loads its toxic GM derivatives -- its GMAC subprime mortgage mess -- onto the American taxpayers while pretending to sell Chrysler to GM.  Wow, what a tricky way to use the government to bail out GM.

   This is not free market capitalism; this is Treasury Sec Paulson's Fascist Business Model at its state interventionist best.  The worst is yet to come.  Welcome to the Pulp Fiction of Keynesian socialist economics and guess what, girl friends, you ain't seen nothing yet.

Cause of financial meltdown is not free market capitalism
(Oct 24, 2008)

Washington, DC –  The current financial meltdown is not an act of, or result of, unregulated free market capitalism.  It is the result of highly regulated central banking -- i.e., going off the gold standard and "legally" monopolizing the issuance of America's medium of economic exchange -- by the government’s national bank, the Federal Reserve.  Same for every nation’s nationalized central bank.

   The Recession is not the result of freedom of choice by the people to establish gold or silver as their medium of economic exchange.  The Recession is the result of a Fascist Business Model of Keynesian socialist economics with non-backed, forced or “fiat” paper currency rammed down the throats of the people.

   Former Fed Reserve Chief Alan Greenspan’s whining before Congress yesterday that he found a “flaw” in free market capitalism that allowed bankers in the mortgage industry to run wild as the cause of the current Recession is just so much bullshit.  Mortgage foreclosures are not The Cause of our current market meltdown but rather just another symptom, an Effect, of The Cause.  The real Cause is hyper-inflation of a non-backed, non-defined, irredeemable U.S. Dollar.

   Greenspan, during his 40 years as Fed Reserve Chief, was never operating in a free market and his continual monetary manipulations, such as lowering interest rates to nearly zero for 3 years, constitute nothing but Keynesian socialist economics.  Greenspan became a Keynesian as soon as he put forth his PhD dissertation on econometrics and thought that he could “manage” the market by the use of differential calculus and historical statistics of past market prices, which is incredibly naive.

   So much for “Maestro” Greenspan’s alleged discovery of a “flaw” in America's non-existent free market capitalism and “confessing” before Henry Waxman’s Congressional Committee of socialist idiots.

   Unfortunately, Greenspan’s pretended allegiance to the free market and “confession” of what he thinks is wrong with free market capitalism will simply serve as more grist for the Keynesian socialists to implement more and more of the same stupid government interventions – mostly more inflation of the money supply – that have brought about our current financial meltdown.

McCain chooses Idahoan Sarah Palin, a moose-hunting, fisher-babe, free market Governor of Alaska, as Vice Prez running mate on GOP ticket
(Aug 29, 2008)

Response by Barack Obama to McCain's choice of a woman for vice president, "Damn!"

Dayton, OH – GOP presidential candidate John McCain has pulled off the political marketing move of the century by choosing a free market, moose hunting, salmon fishing, fiscal Conservative woman, the current Governor of Alaska, as his VP running mate for the 2008 presidential elections.

   Note that John McCain -- unlike boo-boo brain Barack Obama -- did not fail to implement Cardinal Rule # 1 in Basic Marketing 101A:  "Sell the sizzle, not the steak."  Make no mistake about it, Sarah Palin, as the first GOP woman who may become the Vice President of the United States, is the sizzle.  More...

Global Monetary Recap - 1944 to 2008
(May 23, 2008)
by
Douglas E. Johnston, Jr.

Washington, DC – With the Federal Reserve’s wide-ranging efforts to address the ongoing Credit Crisis through unprecedented money-creation activities, we are now likely witnessing the final phases of the U.S. Dollar’s 64-year reign as the primary global reserve currency. Few Americans understand the implications of this dramatically unfolding global sea-change.  More...

Kempthorne Hugs Polar Bears, Bankrupts America
(May 21, 2008)

Washington, DC – In his typical Alice in Wonderland political style of claiming a Tea Pot is a Choo-Choo Train while simultaneously claiming it is not, Secretary of Interior Dirk Kempthorne dragged 25,000 polar bears onto the Endangered Species List last week while proclaiming they are neither endangered nor disappearing.  More...

Fed scientists discover new element in Periodic Table of Elements:  Paper
(April 1, 2008)

New York, NY – Whoa, girl friends, pour yourselves another hot cup of Rocket Java.

   Scientists at Treasury University and Federal Reserve College have just discovered that the entire Periodic Table of Elements has been wrong – or, at least, missing an important element -- for the last 100 years.  In an astonishing new discovery that continues to shock the world of Chemistry and Physics – as well as Economics – Senior Scientist at U.S. Treasury University, Hank Paulson, and his scientific sidekick Ben Bernanke of Federal Reserve College, miraculously stumbled upon one of the most mind-boggling discoveries of the 21^st century:  a missing element in the Periodic Table of Chemical and Physical Elements, which they dub:  Paper.

   Last weekend, while working overtime in  More...

Who Killed the U.S. Dollar?
(Mar 17, 2008)

Washington, DC – Whoa, listen up, girl friends.  It was a dark and stormy night… and, oh-oh, we got a monetary conundrum.

   Federal Reserve Chief “Helicopter” Ben Bernanke and U.S. Secretary of the Treasury Henry Paulson have recently pumped hundreds of billions of Dollars into the U.S. economy to “stimulate” – make that “bail out” -- the banking industry.  President Bush wants to pass out $160 billion -- $600 to every man, woman, and child in the U.S. -- to spend real fast and thus “stimulate” the economy.  The faster, the better, they claim.  More...

Prescription for Prosperity:  A Comprehensive Economic Revitalization Plan
(Mar 8, 2008)

Washington, DC – Listen up girl friends.  If you thought Big Brother in George Orwell’s novel 1984 or The Omnipotent State in Aldus Huxley’s Brave New World or Our Dear Leader in ‘V’ for Vendetta just popped up one day out of nowhere and stripped the people of all their rights and freedoms, you’re sadly mistaken.  These dictatorial welfare states took years of political corruption and brainwashing of the people to implement.

   But they all had one thing in common:  they were all founded upon the despotic philosophy of altruistic state collectivism.  More...

Parliament of Whores admonishes one of their own
(Feb 14, 2008)

U.S. Senate slaps sausage sucking Senator upside his supercilious cerebellum

Washington, DC – Public Letter of Admonition:

Dear Senator Craig (R-Idaho):

Your actions in the men's room at the Minneapolis Airport were waaay bad, sir.  In fact, it was beyond belief.  The Select Committee on Ethics of the U.S. Parliament of Whores hereby bitch-slaps your ass pursuant to Section 2(d)(3) of Resolution 338, 88th Parliament of Whores, 2nd Session (1964), as amended by Whorehouse Resolution 222, 106th Parliament of Whores, 1st Session (1999) and its Supplementary Sausage Sucking Rules, Rule 3(g)(2).

Specifically:

1. You confessed to the crime, dummy.  More...

Anybody Seen Our Gold?

(Feb 10, 2008)

From GATA's ad in the Wall Street Journal on Thursday, Jan 31, 2008

Washington, DC – The gold reserves of the United States have not been fully and independently  audited for half a century.  Now there is proof that those gold reserves and those of other Western nations are being used for the surreptitious manipulation of the international currency, commodity, equity, and bond markets.  More...

Smoke ‘n Mirrors Economic “Stimulus” Package:
$600 for you, $730,000 for Fannie Mae & Freddie Mac
(Jan 28, 2008)

Lookie, lookie, in my left hand:  $600, free cookies for everybody.  Yippee for you!

In my right hand:  don’t look, don’t look, Fannie Mae and Freddie Mac bankruptcies bailed out by raising govt-backed home loan limits from $417,000 to $730,000.  Yippee for the bankers!

It is absolutely insane – and insulting to the American public – for President Bush, the leaders of Congress, Secretary of the U.S. Treasury Henry Paulson, and Fed Reserve Chief Ben Bernanke, to proclaim that they have magical powers to change Paper into Gold and that by injecting their Fake Gold into the economy, and convincing consumers to exchange this Paper between each other at the speed of light, they can enrich the economy.

Washington, DC – Has everybody gone insane?

   How can grown men and women – President Bush, Treasury Sec Henry Paulson, Fed Chief Ben Bernanke, and Congress -- stand up before the American people on national TV and proclaim that the issuance of 150 billion pieces of green Govt Paper – not backed by anything, not a promissory note, not collateralized by anything but thin air – can somehow magically obtain value by the mere act of printing and distributing it?  More...

The Paper Chase:
Dollar becomes pulp fiction as Fed injects trillions into the market…
But Dollar is not real capital, thus cannot stimulate the economy
(Jan 24, 2008)

The fallacy of the Federal Reserve pretending to “stimulate” the economy by injecting billions of non-backed Dollars into the market is:  Dollars are not “real capital” or “capital goods.”  The truth is that the Fed is merely injecting billions of pieces of little green paper printed up out of thin air.  The only result will be more inflation and unemployment.

What the economy needs is an injection of real capital, not fake money.  But only true entrepreneurs through a free market economy can bring capital to the market.  Central bankers do not possess capital.  They only possess non-backed paper.

What is truly needed is laissez-faire free market capitalism with real entrepreneurs injecting real capital, not a government-sanctioned group of private central bankers (the Federal Reserve) and their special interest groups hyper-inflating the U.S. economy with tons of pulp fiction.

Washington, DC – Listen up girl friends.  Pour yourself another hot cup of Rocket Java, pull up the floor, and have a seat.  Have you ever pondered the following important economic question, let’s say, during foreplay on a hot Friday night with Mr. Right, or whilst leisurely munching on a chocolate truffle in your big bubble bath overflowing with suds from The Body Shoppe?

   Really?  I’m shocked.

   OK, here’s the question:  When the Federal Reserve injects billions of dollars into the economy, what is it injecting:  only “paper” or “real capital?”  More...

Federal Reserve drives U.S. into Super Recession, then Depression, then Martial Law
(Jan 19, 2008)

Not one member of the Federal Reserve -- or 99% of today’s PhD economists or stock market pundits -- can correctly answer the following basic questions in economics:

(1) What is the difference between money and a paper receipt for money?

(2) From where, exactly, does the non-backed U.S. Dollar obtain its value?

 (3) What is the difference between today’s U.S. Dollar and “real capital?”

Therefore, not knowing the answers to these three basic questions, the Federal Reserve erroneously continues to inject trillions of worthless, non-backed Monopoly Money into the banking system, under the false assumptions that (1) green paper printed on a U.S. Treasury printing press magically obtains “value,” (2) the non-backed U.S. dollar is the same as “real capital” and, (3) consumers rapidly spending trillions and trillions of newly injected National Wallpaper can somehow “stimulate” the enrichment of our economy.

The real purpose of a federal “monetary stimulus” package is for the Federal Reserve to bail out their billionaire buddies in banking and pass the monetary inflation on to the taxpayers in the form of higher prices for all commodities and services.

Washington, DC – Turn on the TV, girl friends, and all you hear these days are arguments about how much money the Federal Reserve central bankers should inject into the U.S. economy.  Nobody bothers to ask whether a central bank should inject trillions of dollars into the economy, or whether a central bank should even exist.  Everybody simply assumes that the Federal Reserve should exist, and should pump money into the market; their only questions are:  how much, and by what method?

   But wait.  More...

New Thought Police Bill passes U.S. House 404-6, awaits Senate vote
(Jan 10, 2008)

Introduced by California Democrat Rep. Jane Harman, the First Amendment was trashed last Oct 27, 2007 as the U.S. House passed the “Violent Radicalization and Homegrown Terrorism Prevention Act of 2007,” by an overwhelming margin of 404-6.  The Senate’s version of this Bill, S. 1959, sponsored by Maine Republican Susan Collins, has little opposition and awaits passage.

Washington, DC – Listen up girl friends.  I know while you were busy shampooing your hair in the shower this morning and then applied Aussie hair conditioner after you washed your face with glycerin soap purchased from The Body Shoppe, you asked yourself an important question:  “Self, what the hell is ‘violent radicalization’ and ‘homegrown terrorism?’”  To which you answered, “My current Web Site criticizing the government for hyper-inflating the U.S. economy with non-collateralized Federal Reserve Notes?”

   Ya-yesss, girl friends.  Freakin A.  More...

U.S. Federal Reserve Note:  America’s Pulp Fiction
(Jan 01, 2008)

Once you change the contractual concept of paper money from a redeemable, exchangeable promissory note to an irredeemable exchange-only note, you will have established a precedent for the destruction of all future economic contracts.

America’s “bundled” subprime mortgage slime and every nation’s Sovereign Wealth Funds are direct results of America’s new Pulp Fiction: the Federal Reserve Note.

Washington, DC – What’s the difference between today’s Federal Reserve Note (our U.S. Dollar), “bundled” subprime SIVs (Structured Investment Vehicles), and Sovereign Wealth Funds?

   The answer:  nothing.

   All three rest upon the ridiculous concept that pieces of paper, in and of themselves, obtain value by virtue of the fact that they’re  More...

Goldman Sachs creates subprime slime with left hand, shorts subprime slime with right hand
(Dec 18, 2007)

Conflict of interest?

New York, NY – According to the WSJ, Goldman Sachs mortgage department was a major underwriter of complex bundled securities of subprime mortgages.  When those securities plunged in value this year, Goldman's customers suffered major losses, as did units within Goldman's banking and investment group.

   However, simultaneously down the hall, Goldman was busy "shorting" billions of dollars of these same subprime slime securities, betting that their value would fall.  The big question is:  how could Goldman legally peddle subprime slime to their customers while their own traders were busy betting that bundled subprimes would collapse?  If this isn't a conflict of interest, then what is?  More...

Let's Get Back to the U.S. Constitution
----------
Holy moley, look how fast America is going bankrupt: (click on the puddy tat)

      International News      

Our World Balances On a Sea of Debt

Mar 06, 2010
by
Darius Guppy

“The banks that control the world’s supply of money are no better than counterfeiters – and their systems of juggling debt have left the global economy teetering on the brink of ruin.” -- Darius Guppy, convicted Dutch counterfeiter

The following article aptly describes how fractional reserve banking is simply another form of counterfeiting, pointing out the conceptual difference between (1) real money and (2) a paper receipt for real money.  Then as the counterfeiting by fractional reserve bankers grows exponentially, as it must, the central bankers – witness former Federal Reserve Chief Alan Greenspan as he embraces the erroneous concept that he can impute value to paper money per se -- start believing in their own monetary lies and create even more complicated counterfeit investment vehicles backed by nothing but hot air, such as fake mortgage-backed securities, collateralized debt obligations based upon non-collateralized future daydreams, and then gambling pieces of paper called Credit Default Swaps whose clever function consists of betting against the previously-created fractional reserve derivatives.  That’s like a counterfeiter soliciting bets that the cops will soon catch him at his counterfeiting activities, in order to mitigate his losses.  So, the investment bankers at Goldman Sachs who sit on the board of Governors of the Fed Reserve sell fractional reserve hedge fund derivatives to clients while down the hall they short their clients’ very same hedge funds with Credit Default Swaps, betting that their hedge funds will fail.  That’s worse than prostitutes who only make their money going in; the bankers make their money both going in and pulling it out, shorting their own hedge funds.  This continues until they can’t keep it up any longer and the market crashes and burns.  Not to worry.  It’s called a Recession, then a Depression as everybody points fingers at everybody else and the bankers blame it on a “systemic risk,” or the U.S. Congress who is also participating in this monetary gang bang, or the vagaries of a non-existent free market capitalism, or a mysterious virus from Mars. – FM Duck

“If I could counterfeit the Pink Slip to my ’57 Chevy and sell a million copies to the suckers in my neighborhood for $1,000 each, while replacing the words ’This is to Certify that There Exists One ’57 Chevy on Deposit at FM Duck’s Warehouse Payable to the Bearer of This Note on Demand’ to ’Virtual Non-Existent Car,’ I could make a fortune.  And that’s exactly what the Federal Reserve is doing with fractional reserve banking of the U.S. Dollar and going off the gold standard.” – FM Duck

Netherlands, Europe – In 1994, there resided in the cell next to mine a certain “Tommy”. He had been imprisoned for counterfeiting Dutch Guilders to such a high standard that he had fooled the banks themselves.

   As was customary among prisoners who became friends, Tommy allowed me to read his legal papers and I became fascinated by the judge’s sentencing speech, the gist of which was that his activities had been parasitical. By creating money out of thin air he had reduced the purchasing power of more deserving members of society. What would happen if everyone behaved like him?

   I thought of arguments used, in a different context, regarding inflation. Like counterfeiting, it dilutes the value of the community’s wealth and constitutes a social evil. Creating too much money – “real” or “fake” – can wreck an economy. Such was the Nazis’ reasoning when they planned to ruin Britain’s economy by flooding the country with near-perfect counterfeit bills.

   A lot of nonsense has been written about the world’s current economic woes – about how the crash is the fault solely of the banks and, by implication, governments are blameless; and how it could all have been avoided, and can be put right, by greater financial regulation.

   It is a classic example of what the philosopher Alasdair MacIntyre terms “the fallacy of managerial expertise”: an attempt by “experts” to blind us with science to justify their overpaid existences and mask their confusion. After all, not one of them was able to predict the current debacle.

   These “experts” will tell you that the present difficulties are simply the result of abuses and excesses in a system that is basically sound. All that is required is for some faults to be corrected. Do not believe them. The reality is that the problem is systemic and a little tinkering here or there will achieve nothing in the long term.

   What is needed is a root-and-branch re‑evaluation of that most curious of cultural inventions, money: how it is created, how it circulates, and how it can best be used to serve the interests of the community.

   To begin, the experts must explain in the simplest terms how money actually works. Were one to ask the man on the street – or, indeed, most politicians and bankers – who creates the money that rules our lives they would reply “the State”. They would be wrong. It is true that governments create legal tender – the physical notes and coins that circulate in an economy – but that represents, at its highest, only 3 per cent of the total money in circulation in the global economy. It is the commercial banks, largely unaccountable and privately owned, that create the world’s money.

   Indeed, even if Tommy were responsible for printing every note in circulation throughout the world his power to dilute the rest of our wealth would amount to only a tiny fraction of that of the real manufacturers of money. His activities and the activities of the bankers are, in essence, identical: the creation of money out of nothing.

   Without knowing it, therefore, Tommy’s judge punished him for usurping not so much the role of the State as the role of the banks. The same mistake – the mis-identification of where money truly originates – has been made by virtually all of our politicians, economists and financial commentators.

   Consider the contradiction at the heart of neo-liberal, monetarist economics that has constituted the Western orthodoxy for the past few decades: to emphasize on the one hand that the money supply should be brought under control while simultaneously allowing banking – where the money is actually manufactured – to run riot.

   To grasp how the global fraud works we need to step back in time and imagine ourselves next to the original goldsmith-banker.

   In his vault, 10 of his customers each deposit a bar of gold...  More...

      National News      

Wall Street's Bailout Hustle
by
Matt Taibbi for Rolling Stone Magazine

(Feb 17, 2010)

 Goldman Sachs and other big banks aren't just pocketing the trillions we gave them to rescue the economy - they're re-creating the conditions for another crash

New York, NY -- On January 21st, Lloyd Blankfein left a peculiar voicemail message on the work phones of his employees at Goldman Sachs. Fast becoming America's pre-eminent Marvel Comics supervillain, the CEO used the call to deploy his secret weapon: a pair of giant, nuclear-powered testicles. In his message, Blankfein addressed his plan to pay out gigantic year-end bonuses amid widespread controversy over Goldman's role in precipitating the global financial crisis.

   The bank had already set aside a tidy $16.2 billion for salaries and bonuses — meaning that Goldman employees were each set to take home an average of $498,246, a number roughly commensurate with what they received during the bubble years. Still, the troops were worried: There were rumors that Dr. Ballsachs, bowing to political pressure, might be forced to scale the number back. After all, the country was broke, 14.8 million Americans were stranded on the unemployment line, and Barack Obama and the Democrats were trying to recover the populist high ground after their bitch-whipping in Massachusetts by calling for a "bailout tax" on banks. Maybe this wasn't the right time for Goldman to be throwing its annual Roman bonus orgy.

   Not to worry, Blankfein reassured employees. "In a year that proved to have no shortage of story lines," he said, "I believe very strongly that performance is the ultimate narrative."

   Translation: We made a shitload of money last year because we're so amazing at our jobs, so fuck all those people who want us to reduce our bonuses.

   Goldman wasn't alone. The nation's six largest banks — all committed to this balls-out, I drink your milkshake! strategy of flagrantly gorging themselves as America goes hungry — set aside a whopping $140 billion for executive compensation last year, a sum only slightly less than the $164 billion they paid themselves in the pre-crash year of 2007. In a gesture of self-sacrifice, Blankfein himself took a humiliatingly low bonus of $9 million, less than the 2009 pay of elephantine New York Knicks washout Eddy Curry. But in reality, not much had changed. "What is the state of our moral being when Lloyd Blankfein taking a $9 million bonus is viewed as this great act of contrition, when every penny of it was a direct transfer from the taxpayer?" asks Eliot Spitzer, who tried to hold Wall Street accountable during his own ill-fated stint as governor of New York.

   Beyond a few such bleats of outrage, however, the huge payout was met, by and large, with a collective sigh of resignation. Because beneath America's populist veneer, on a more subtle strata of the national psyche, there remains a strong temptation to not really give a shit. The rich, after all, have always made way too much money; what's the difference if some fat cat in New York pockets $20 million instead of $10 million?

   The only reason such apathy exists, however, is because there's still a widespread misunderstanding of how exactly Wall Street "earns" its money, with emphasis on the quotation marks around "earns." The question everyone should be asking, as one bailout recipient after another posts massive profits — Goldman reported $13.4 billion in profits last year, after paying out that $16.2 billion in bonuses and compensation — is this: In an economy as horrible as ours, with every factory town between New York and Los Angeles looking like those hollowed-out ghost ships we see on History Channel documentaries like Shipwrecks of the Great Lakes, where in the hell did Wall Street's eye-popping profits come from, exactly? Did Goldman go from bailout city to $13.4 billion in the black because, as Blankfein suggests, its "performance" was just that awesome? A year and a half after they were minutes away from bankruptcy, how are these assholes not only back on their feet again, but hauling in bonuses at the same rate they were during the bubble?

   The answer to that question is basically twofold: They raped the taxpayer, and they raped their clients.  More...

      International News      

European Central Bankers Poised to Take Over Europe
Feb 10, 2010

Herman Van Rompuy, the EU's new president, has submitted a text calling for the creation of an "economic government" that shifts responsibility for economic planning from national authorities to the "EU level."

EU Commission chief Jose Barroso said, "Brussels has treaty powers allowing it to take the reins of economic management."

Brussels, Belgium -- Whoa, girl friends, pull up the floor and pour yourselves another hot cup of Rocket Java.  You won't believe what the ruling elite of the European Union has in store for all of its member nations.  Would you believe:  a complete takeover of every European nation's sovereignty?  A total usurpation of the constitutions and national authority -- Parliaments and Congresses -- of member nations such as Greece, Portugal, Spain, Italy, France, Belgium, Germany and others?  All on the premise of "solving" the current economic crisis.

   Wait a New York minute here, folks.  Who was it that created the current economic crisis in the first place?  Why, it was the European central bankers, just like in America it was the Federal Reserve central bankers.  Who has inflated the crap out of the Euro?  Who has intervened into the European Union countries' economies with tons and tons of state collectivist rules, regulations, and special interest legislation, rendering the member nations as economic serfs to the interests of the EU banking cartel?  The European Central Bank, that's who.

   Yo, Americans, sound familiar?

   And now, just like in America as the Fed Reserve in cahoots with the state collectivists in Congress and both the Bush and Obama administrations, the European Union central bankers pretend the global Depression is some mysterious virus from Mars or somewhere that they, qua central banking elastic currency gurus, must solve by taking over every nation on the planet, starting with the EU nations.

   So, the EU central bankers are meeting in Brussels to "solve" their Big Fat Greek Economic problem.

   Talk about globe trotters, 24 central bankers last Friday...  More...

      Local News      

Boise Trolley Folly DOES Justify Legislative Intervention
Dec 02, 2009

“If Reps Moyle and Labrador get their way, cities would need property owners’ approval before imposing an LID [Local Improvement District] to cover $1 million or more in bonds.” – Idaho Statesman

“Well…duh…yeah.  And what is so wrong about citizens having the right to vote for or against approving a million dollar tax upon themselves?  And in the case of Boise Mayor Bieter’s Trolley Folly tax, we’re talking $10 million to $15 million in additional downtown taxes on small business owners.  – FM Duck

Boise, ID  –  Whoa, girl friends, pull up the floor and pour yourselves another hot cup of Rocket Java.  You’re not going to believe the bassackwards argument the Idaho Statesman editors put forth in last Tuesday’s “Our View” opinion column entitled, “Streetcar flap doesn’t justify ‘fix.’”

   If you want to gain an insight into how left Liberals think -- or rather how they typically go through the motions of trying to link up their disconnected thought globs to non sequitur conclusions -- listen to the backwards logic of the I.S. editors as they, first, presume that government entities (Idaho cities in this case) have inherent “rights” to implement taxation upon their citizens, rather than citizens having the right to control their governments, and then arrive at the conclusion that the state legislature doesn’t have the right to protect citizens from an overly abusive Boise City Council that wants to expand the definition of a Local Improvement District (LID) tax, to impose a huge new tax to the tune of $10 million to $15 million upon Boise’s downtown small business owners in order to jump start Boise Mayor Bieter’s federal money grab of $65 million for his new Trolley Folly.

   So what’s the big “flap?”

   Under current law, Idaho cities can tax a portion of their citizens by...  More...

Fed Reserve Theme song: "Money for nothin, and your checks for free"

(click title to play, minimize media player to see lyrics below)

(FM Duck plays hot riffs in "Money for Nothing")

Sung to Dire Strait’s “Money for Nothing”

I… want… my… ATM…

Now look at them bankers,
That’s the way you do it,
You print the money from the Fed Reserve.

That aint workin,
That’s the way you do it,
Money for nothin and your checks for free.

Now that aint workin,
That’s the way you do it,
Lemme tell ya, them guys ain’t dumb,
Maybe get a billion from a subprime mortgage,
Maybe get a billion from an SIV.

We gotta inject a trillion free Dollars,
Custom credit derivatives,
We gotta move these refinanced bailouts,
We gotta move these toxic CDs.

See the little banker with the earring and the makeup,
Yeah buddy, that’s your 700 Billion,
That little chrome-dome, got his own jet airplane,
That little chrome-dome, he’s a billionaire.

We gotta inject a trillion free Dollars,
Custom credit derivatives,
We gotta move these refinanced bailouts,
We gotta move these toxic CDs.

I shoulda learned to be a big banker,
I shoulda learned to loan that cash,
Look at that banker, he got it stickin out his pockets,
Man, we could rule the world.

And Paulson’s up there, what’s that?  Another Bailout?
Banging on the Congress like a chim-pan-zee,
No, that ain’t workin,
That’s the way you do it,
Get your money for nothing, get your checks for free.

We gotta inject a trillion free Dollars,
Custom credit derivatives,
We gotta move these refinanced bailouts,
We gotta move these toxic CDs.

Now that aint workin
that’s the way you do it,
You print the money from the Fed Reserve.

That aint workin,
That’s the way you do it,
Money for nothin and your checks for free,
Money for nothing… and…

And your checks for free.

Get your money for nothing…
And checks for free,
Look at that, look at that…
Money for nothing…
And your checks for free,
Ahh, money for nothing…
And your checks for free.

new lyrics ©2008-2010 FM Duck

--------------------

 Investing in Gold?

New!!  Feb 12, 2010: Ponzi Scheme - by Puru Saxena

Feb 26, 2009: Timmy, Larry and Benny are Lost in the Fiscal Wilderness - by Roger Wiegand

Dec 5, 2008: Red Alert: Gold Backwardation!!! - by Antal Fekete

Sep 24, 2008: The gold standard strikes back - by Antal Fekete

Sep 24, 2008: The killers are with the patient - by Darryl R. Schoon

Sep 09, 2008: Thinking like "Fat Tony" - by James Turk

May 16, 2008: Global Monetary Recap - 1944 to 2008 - by Douglas E. Johnston, Jr.

Apr 21, 2008: Hyperinflationary Depression - by Howard Ruff

Apr 01, 2008: Market Forecasting with Ongoing Mayhem - by Roger Wiegand

Mar 28, 2008: Forgotten Anniversary Haunts the Nation - by Antal Fekete

Mar 27, 2008: Gold is Going to the Moon - by Doug Casey

Mar 20, 2008: Cliff Notes on Financial Maelstrom - by Jim Willie

Jan 28, 2008: The Anti-Gold Gospel - by Antal Fekete

Nov 26, 2007: Our Diseased Monetary Bloodstream - by Antal Fekete

Nov 14, 2007: Subprime Mortgages lead to Subprime Currency - by John Lee

Oct 11, 2007: Hyperinflation Will Blow the Economic Doors Off - by Roger Wiegand

Aug 6, 2007: Inflation: Rotten to the Core - by Paul Mladjenovic

Feb 21, 2007: Congressman Ron Paul's Economic Report - by Alexander Korelin

Feb 6, 2007: Gold Price Manipulation - by Clive Maund

Jan 1, 2007: The Gold Standard Manifesto: Dismal Monetary Science - by Antal Fekete

The Future of Gold as Money - by Nelson Hultberg

Jul 26, 2006: Federal Reserve Follies: What Really Started the Great Depression - by Antal Fekete

Jun 1, 2006: Fiat and Credit - "The Coming Financial Holocaust"- by Nigel Maund

Dec 2005: New Fed Chairman "Crash & Bernanke" Confuses Depression Cure with Disease - by Peter Schiff

Citizens Against Government Waste

Who's the Federal Porker of the Month?
----------

Americans For a Free Republic

Editorials by Nelson Hultberg, Founder and Executive Director of Americans for a Free Republic

----------
The Boise Guardian
A different slant on the news...
----------

 Bush's Call Answered By Full Flex Gold As It Offers To Help Every Car Or Truck Owner Do Their Part To Stop Fossil Fuel Emissions.  More...  (View Video)

 Spotlight On:

Karl Marx Award
for
Worst Piece of U.S. Legislation
Apr 8, 2009

   U.S. Congress and President Barack Obama signed into law a $1.2 Trillion Fake Money Stimulus Package:  the ARRA Bill, laden with thousands of earmarks that Obama promised during his 2008 campaign he would never sign off on.  So much for socialist Obama's campaign pledges.  Who can blame Obama for taking advantage of implementing his $1.2 Trillion ARRA Fake Money Stimulus Package when former Prez George Bush laid the groundwork with his and ex Treasury Secretary Hank Paulson's and Congress' $800 Billion TARP Booty Bailout for the Bankers in 4th Quarter 2008?  So much for any difference between the Republican and Democratic parties.  The absurdity of Obama's follow-on piece of legislation is that it rests squarely on erroneous Keynesian fallacies, the most notable of which is that -- in the idiotic words of our new U.S. Treasury Secretary Tim Geithner -- "Every $1 doled out by the federal government will create $1.57 in economic growth."  Really?  "Yes," says Little Empty Treasury Secretary Timmy G. who is just dying to spend us into untold economic wealth and riches with non-backed paper money, "and it is from this Keynesian Economic Fairytale that Team Obama will be able to create over 4 million new jobs and thus pull our depressed asses out of this Huge Mysterious Depression which, somehow, must have blown in from Mars on a weekday while we weren't looking...goddamnit."  Right, Little Timmy, right.  Blown in from Mars...uh huh, you dolt.  But what's worse, Obama's $1.2 Trillion Fake Money Stimulus Baloney grants virtually unlimited powers to the White House, Treasury Department and Federal Reserve central bank to intervene into the U.S. economy in any manner they see fit, including the purchase (nationalization) of all public and private businesses and institutions.  On what premise?  Why to prevent a "systemic risk," of course, an update of former President Bush's excuse of "national security" and oooh, "the terrorists, the terrorists."  Obama's new ARRA law is patently unconstitutional and in one fell swoop is a Coup d'Etat that for all means and purposes changes America from a limited free market republic into a total Fascist Business Model of state collectivism.  Unless, of course, this piece of "pretended law" is questioned by anybody and brought before those old codgers hanging out at the U.S. Supreme Court.  Fat chance, girl friends.

       Local News      

3,000 Attend Boise's Anti-Tax Tea Party
Apr 16, 2009

Boise, ID – 2,500 - 3,000 Anti-Tax and Anti-Big Government Protesters marched down the main drag, Capitol Blvd, to the Idaho Statehouse in Boise, Idaho, yesterday at high noon.  FM Duck was there, too, singing the National Anthem off-key in A-Sharp Minor diminished 5th because that's what sounds best in the Pentatonic scale on an electric guitar.  I digress.

   Even the kids were protesting the U.S. Congress' failure to read, before they passed, former GOP President Bush's $1.2 Trillion Dollar TARP "Stimulus" Bailout Booty and current socialist President Barack Obama's $1.3 Trillion ARRA "Stimulus" Bill.

   Anti Big Govt and Pro-Freedom Americans from all political parties across the spectrum joined together, cranking up colorful signs to express their distaste for the current absurd inflationary direction that both the U.S. Congress and President Obama are dragging the economy.

   The above scenes were replicated in over a thousand cities across America yesterday as millions of average Americans took to the streets to tell politicians and the left Liberal news media what they thought about Obama and his little Keynesian economic boogers -- like U.S. Treasury Sec Tim Geithner and Fed Chief Ben Bernanke -- who are busy spending us into oblivion with trillions and trillions of Pulp Fiction Paper Dollars.  The major news media who, by the way, mostly skipped coverage of yesterday's demonstrations, continue to pretend that socialism and the quadrillion dollar federal bailouts are OK and even "necessary" to solve the current economic Depression, which they do not understand was caused by all the previous socialism, deficit financing, and quadrillion dollar government expenditures.  Most Americans, however, are not stupid and realize that trillion dollar federal bailouts printed up as Funny Money out of thin air and given to special interest businesses, as well as Obama's ongoing attempt to nationalize every industry in sight -- from banks, to cars, to insurance companies, to health care, to all Internet providers, to Victoria's Secrets Bra & Panty Shoppe, and the list goes on and on -- is insane.  In short, what Americans told the politicians yesterday was that they do not want to live under Obama's future economic fascism.  President Obama and Congress:  are you listening?

Boise’s Watergate morphs into Nampa's and Caldwell's Watergate to pay for Oregon community college in Idaho
(Nov 29, 2008)

 Former Idaho Supreme Court Justice Linda Copple Trout -- the same judge who suddenly switched lower court judges in the middle of the Boise Watergate scandal's Ada County Courthouse scam to allegedly "game" the outcome -- now rules via "judicial confirmation" that it's OK for the Nampa and Caldwell Urban Renewal Agencies to unconstitutionally go into multi-year debt without a 2/3 vote of the voters.

Dave Frazier, local citizen watch dog who won a recent Supreme Court battle vs. the same type of judicial shenanigans says it's not whether the project is "worthy" or "unworthy" in somebody's opinion, but rather how the project is funded.  Cities who use Urban Renewal Agencies to bypass the Idaho Constitution by pretending to be "private" institutions instead of "public" institutions (and thus exempt from spending law limits) are still in violation of the Idaho Constitution -- clever judges notwithstanding.

A second constitutional issue is:  why should Idahoans pay for an Oregon community college, TVCC -- especially since Ada and Canyon County taxpayers were recently tricked by a "gamed," targeted home mail-in ballot, off-date election, into paying for a new Idaho community college, College of Western Idaho, 9 miles away from Oregon's TVCC (Treasure Valley Community College) located within Idaho?

Boise, ID – Whoa, girl friends, pull up the floor and pour yourselves another hot cup of Rocket Java.  The tricky bureaucrats are after your wallets again.

   As predicted by author Deep Throat II in his 2006 book, Boise's Watergate: University Place & All The Governor's Men, if the crooks in Boise's Watergate were not brought to justice -- and they weren't -- there will be more and more Boise Watergates occurring throughout Idaho in the future.  More...

Sharon Ullman reclaims Ada County Commissioner seat
(Nov 6, 2008)

Boise, ID – Whoa, gather around, listen up and pour yourselves another hot cup of Rocket Java, girl friends.  Tax chopper Sharon Ullman (R-Ada County) kicked butt last Tuesday, booting out Democratic incumbent Paul "Lost-in-the-Forest" Woods who campaigned for more hiking trails and open space during the biggest Recession since the 1930s.

   "Hey, man," said Robert Finkenbinder of Boise, "I don't give no rodent's derriere about more hiking trails for everybody's dog to poop on during this giant Recession in which I just lost my job at Micron.  I just want my property taxes cut."

   "The real reason Paul Woods lost is because he worried too much about whether the deer and the antelope would roam all over our front lawns and he steadfastly refused to support saving the chocolate mousse," said Diana Chocoholic the III as she woofed down an Idaho Spud, a local chocolate treat sculpted in the shape of a potato to trick the tourists. -- FM Duck

What's Kempthorne hiding?
(Aug 06, 2008)

 The book Boise's Watergate: University Place & All The Governor's Men provides plenty of juicy information about the who, what, when, where, why, and how ex Gov Dirk Kempthorne participated in one of Idaho's most expensive financial fiascos in recent history, the failed $136 million University Place Scheme and its precursor Ada County Courthouse Scam.

Boise, ID – While the editors at the Idaho Statesman ponder the legality of the timeliness of ex Gov, now Sec of the Interior, Dirk Kempthorne's disinclination to give up his gubernatorial records to Idaho's Historical Society as required by law, FM Duck ponders the more pressing question:  namely, what's Kempthorne hiding?

   Instead of forking the papers over to the Historical Society as required by law, why does Kempthorne want to donate his 7 years of records, 500 boxes worth, to the University of Idaho and keep them sealed for 25 years?

   Every previous Idaho governor donated their gubernatorial records to the Historical Society almost immediately upon leaving office.  But not Kempthorne whose legacy may well turn out to be his questionable actions in Boise's Watergate.  The book Boise's Watergate: University Place & All The Governor's Men provides plenty of juicy information about the who, what, when, where, why, and how ex Gov Dirk Kempthorne participated in one of Idaho's most expensive financial fiascos in recent history, the failed $136 million University Place Scheme and its precursor Ada County Courthouse Scam.

   The problem is not -- as the Statesman puts it -- that state law has not set a more timely deadline for turning over the papers.  Kempthorne -- as well as any other Idaho governor who might have something to hide -- could just as easily speed up the culling out and destruction of culpable papers under whatever time frame was established, so timeliness is not really the issue.

   The real issue remains:  What is kempthorne trying to hide by not releasing his past gubernatorial records?  Especially suspicious is his desire to keep them sealed for 25 years. -- FM Duck

Idaho Statesman's parent newspaper profits melting faster than subprime snowballs in hell
(July 27, 2008)

McClatchy's shares plunge from $51 per share in 2006 to $4.74 last Thursday on the NYSE. 

Managing Editor Kevin Richert sobs hysterically after losing special bathroom privileges and reserved parking spot under old oak tree in northwest corner of parking lot.

Columnist-Reporter Dan Popcorn forced to trade in 1943 manual Royal black typewriter for paper pad and pencil sans eraser.

Boise, ID – "I told McClatchy not to borrow $3 billion to buy out Knight-Ridder, Inc. in 2006," said Idaho Statesman frequent contributor FM Duck writing under the pseudonym of Mr. Quack Off, "but did they listen?  No.  Now look at where they are:  bankrupt with their stock falling faster than a quark on anabolic steroids driving a HEMI Mopar in Stanford's Linear Accelerator just off the 280 freeway on the San Francisco peninsula."

   McClatchy Co., publisher of 30 left liberal daily newspapers whose managers know zippo about the difference between gold and paper, how to spell F-e-d-e-r-a-l  R-e-s-e-r-v-e, or why the market is collapsing, reported its net income fell 44% to $19.7 million this year.  Idaho publisher Little Annie Fannie, publisher of McClatchy's southpaw newspaper The Idaho Statesman, fainted after ding-dong the closing bell at the New York Stock Exchange left its parent newspaper's stock down by 24-cents, or 4.8%, at $4.74 per share.

   "Dang," said Idaho Statesman publisher Little Annie Fannie, "Mad Cramer on CNBC said it was OK to invest in financials, subprime mortgages, auction rate securities, default swaps, Bear Stearns, Tamarack Resort, and hard copy newspapers during The Current Recession.  I just don't know what's happening or where the U.S. economy is going," she added.  "Maybe the Federal Reserve should pump more non-collateralized Funny Money into the newspaper industry, just like the home mortgage industry.  We need to force Shakespeare and Barack Obama down everybody's collective throats," said Fannie, searching the rotating ceiling fan for a clue.

   "Yeah, and speaking of Fannie, what we need is a Funny Paper Mae and a Freddie Big Mac newspaper bailout to save the readers of America," said columnist-reporter Dan Popcorn, who just lost his manual typewriter in the latest McClatchy stock collapse debacle.

   "That's right, I mean left," said Managing Editor Kevin Richert, who reportedly cried hysterically when told he would no longer get to use the Idaho Statesman's private toity facilities or a reserved parking spot under the famous old oak tree in the Statesman parking lot.

   "McClatchy's revenue fell more than 19% in June, the company's worst monthly decline this year, so we're cutting back on toilet paper," said Idaho Statesman publisher Little Annie Fannie, "and we're thinking about chopping down Kevin's shady oak tree for firewood this winter -- unless, of course, Secretary of the Interior Dork Kempwood put oak trees on the Endangered Species List with the burgeoning 25,000 polar bear population, one of which was last seen tap dancing on top of BP-Alyeska's oil pipeline, licking his chops while scoping out the 10,000 caribou lunch possibilities lolli-gagging around Prudhoe Bay's oil fields."

   McClatchy said it will probably drop the company's non-existent stock dividends, which cost $59 million last year.

   "Oh great, does that mean I get to log on with my paper pad and pencil from home?" asked reporter Dan Popcorn. -- FM Duck 

Idaho Gov Butch Otter wants to jack up car registration fees by 600%
(Feb 27, 2008)

Boise, ID – Whoa, listen up, girl friends.  While Idaho housing foreclosures jumped 92% -- from 382 in Jan 2007 to 735 in Jan 2008 -- and the state is sitting on a $200 million surplus, Gov Butch Otter, the fake Libertarian, proposed a 400 - 600% increase in car registration fees for every good citizen in Idaho.  Yesterday, you paid $24 - $48 bucks a year.  If the state Legies pass Otter's proposal, everybody gets to pay one flat fee:  $150.  What for?  To maintain Idaho's roads.

   I don't know about you but I think it's time for a highway tax revolt.  We have already shown Gov Ottocrat how to solicit private companies -- such as Macquerie of Australia -- to pay Idaho to build privately-run toll roads.  We do not need to raise registration fees, or increase Idaho's gas tax, or stupidly go into more debt for former Gov Kempthorne's GARVEE federal highway loans to build or maintain our highways.  Private enterprise will pay us and they will make a profit AND the roads will be built on time and under budget.

   Our economy is in a recession.  We need to cut taxes and spending, not raise taxes.  Idaho should immediately refund the $200 million surplus to the taxpayers.  Idaho should immediately cut all taxes on food, medical, and levy no Internet taxes.  Idaho should immediately either chop the property tax or freeze it in a constitutional Prop 13 California style.  Idaho should immediately chop all corporate and individual income taxes and extend the sales tax to ALL services and commodities (except food, medical, and the Internet) at no higher than 3%.  Later, we can adjust the 3% up or down, but for now this would provide more than enough revenue to cover current legitimate state costs.

   Since Idaho's ridiculous public education expenditures gobble up 65% of Idaho's $3 billion budget, we should cut all new increases in Pub Ed expenses -- including Superintendent Tom Luna's $20 - $40 million proposal for a pretended free market Teacher's Bonus for teachers who teach to Idaho's bankrupt ISAT tests.  Further, we need to cut all the waste, fraud, and abuse in the current Pub Ed system.  For example, Idaho spends over $72 million for school buses that drive all over hell and back with only a 25% occupancy.  Most high school students drive themselves to school.  Elementary students are driven by Mom.  This is only one example.  There are tons of redundant Pub Ed programs gobbling up hundreds of millions of dollars.  Chop 'em.  Now.

   Wake up Idahoans.  We are in a recession.  You can either voluntarily cut the spending or the market will force you to cut the spending.  You can't squeeze blood out of a turnip... or a potato.

   Instead of jacking car registration fees by a whopping 600%, let's try private enterprise to build and maintain our roads.  Chicago did.  They bailed out of a huge debt and added $500 million in surplus from a private toll road company.  So can we.  Free minds, free markets. -- FM Duck

Idaho legislators Crapo, Craig & Simpson sing, "Yo-ho, yo-ho, a pirate's life for me" as they rob all Americans to pay for Idaho earmarks
(Sep 13, 2007)

Boise, ID – Our economics-challenged legislators either have no clue about where the true value of money comes from or they are pirates of the Caribbean robbing Peter in New York to pay Paul in Idaho.  Meanwhile, the politicians in New York are busy robbing Paul in Idaho to pay Peter in New York.

   How much booty are Craig, Crapo, and Simpson trying to loot for Idaho?  $12 million for 12 projects:

$200K - Boise detox center
$250K - BSU geothermal
$200K - Pocatello Rec Center
$250K - Twin Falls Boys Club
$500K - Hwy 30 improvements
$1.25M - Boise Airport
$1.5M - I-84 improvement
$5M - City of Rocks Byway
$4.52M - Mass transportation
$800K - ISU Student Safety
$450K - historical preserve
$400K - Lewiston School Dist

and $43 million for 18 more projects at the Idaho National Laboratory (INL), BSU, U of Idaho, and various Idaho companies.

   Whether the billions of dollars in pork barrel earmarks stuffed into Congressional Appropriations and Defense Bills come from direct taxation or are printed up out of thin air by the private Federal Reserve, it affects all Americans in all fifty states in many different ways, from devaluation of the unit dollar to price inflation.

   Deficit financed earmarks are simply an extension of the concept of counterfeiting, or creating non-backed, non-collateralized, paper currency out of thin air.  This is called fiat currency, or "forced" currency, and is what governments typically do when they dump the gold standard to control the people in a nation.

   This is a clever way for the private central bankers and their politician friends to create paper money and its subsidiary Wall Street derivatives (such as sub prime mortgages and other non-backed commercial paper) without the nasty restriction of paper money being a receipt for gold or any other hard commodity.  Simply redefine money as paper.  That way, the central bankers and the politicians can manipulate votes (with Congressional earmarks as pork for their home states) and manipulate the economy to their advantage -- at least until the next recession caused by their fiat monetary policies, the result of which they will blame on the non-existent free market.

   It used to be considered rotten -- and illegal -- to trick the people with currency manipulation.  Now, however, politicians such as Idaho Senators Larry "I have a wide stance" Craig and Mike Crapo, and Rep. Mike Simpson, are proud to rob Americans in all the other 49 states for Idaho's Porky the Pig local projects.  Meanwhile, 500 politicians in each of the other 49 states are also busy robbing Americans in Idaho and all the other 49 states (including their own) for their own Porky the Pig local projects.

   Here's a suggestion:  instead of sneaking billions of dollars of earmarks into Appropriations and Defense Bills every year for home projects, it would be easier if our Pirates of the Caribbean Congressjerks simply awarded themselves Jr. Federal Printing Presses to print up whatever amount of non-backed paper money -- sorta like sub-prime pork -- they think they might need for their local flower gardens, Bridges to Nowhere, and subsidized Girl Scout Cookie sales. -- FM Duck

Ooh, another "National Emergency"... Idaho Senators Crapo & Craig rip off American taxpayers with $2 million federal grant for laid-off Micron workers in Boise
(Sep 12, 2007)

Boise, ID – Will the national robbery never end?  If it's not Congressional earmarks to build an Alaskan Bridge to Nowhere for $240 million, it's $2 million for Boise's Micron to pay for laid-off workers after the Idaho State legislators granted Micron an $800 thousand or million -- what's a coupla hundred million between friends? -- property tax exemption deal when Micron pretended it was going to build a billion dollar computer chip plant in Boise while knowingly (and simultaneously) building the real plant in China.

   And all this after Micron was indicted recently -- but not fined for hundreds of millions of dollars like their cohorts because they blew the whistle on their co-conspirators Hynix, Samsung, and others -- by the feds for simultaneously "dumping" and setting monopoly prices (if that's possible) for DRAMs.

   Administered separately by Idaho's Dept of Labor, an additional federal welfare grant has been requested by Micron from a Trade Adjustment Assistance program, also in the U.S. Dept of Labor.

   Hey, let's all pretend that money grows on cherry trees in Washington DC and that when all 50 states receive billions in welfare grants from the federal government, it isn't hyperinflation of our non-backed dollar and doesn't devalue the fake paper money in your grandma's savings account. -- FM Duck

New Community College to "game" the accreditation system to get federal funds
(Aug 7, 2007)

Boise, ID – Oink, oink.  Listen up, gather round, and shut up girl friends.  Pour yourself another hot cup of Rocket Java.  The tricky politicians are at it again.

   Remember when the YES Campaign for the Community College politicians (1) set up a "special election" before your property tax assessments came out, (2) gamed the election with Absentee Ballots to allow regular voters to vote from home, and (3) gamed the Community College Trustee selection process by the State Board of Education with what columnist Dan Popkey called "an inside job"  (see 07-18-2007  "The fix was in... But that's OK; This case warranted an inside job." -- Dan Popkey, Idaho Statesman  More... )?  Well don't look now but the new Trustees -- 4 out of 5 who were Co-chair or members of the YES Campaign group -- are looking at gaming a fast track to accreditation by using BSU professors as temporary teachers to gain quick acceptance by the Northwest Commission on Colleges and Universities AND, more importantly, access to federal funds.

   And that, mes amies, will soon become the major issue:  follow the money.  BSU previously applied to the J.A. and Kathryn Albertson Foundation for $71 million to establish a Community College but the Albertson Foundation has pledged only $10 million to the new Community College if, and only after, a reasonable plan has been drafted.  The YES Campaigners who promised taxpayers that it would only cost $12.00 per $100,000 in property tax assessments, are already a year late (missing the 2009 budget deadline) and $56 million short.  And now the Trustees are already talking about the maximum property tax of $125 per $100,000 assessment to reach their public education robbery, which is exactly what the NO Campaigners said might happen.

   As FM Duck has already stated, if the YES Campaigners gamed the system to allow less than 10% of the population to raise property taxes on the other 90%, why wouldn't we expect them to carry that same moral philosophy into their jobs as Trustees?  What's next: a primer on how to cheat on final exams? -- FM Duck

Move over Alaska, U.S. Rep Sali (R-Boise) earmarks $400,000 for 12-bed Boise Detox Center to Nowhere
(July 25, 2007)

Holy Mackerel, when did GOP Rep Bill Sali morph into a tax & spend Liberal?

Boise, ID – Whoa, wait a minute, Margie.  Pour yourself another cup of Rocket Java.  According to the Idaho Statesman, our newest GOP Rep to the U.S.  Congress, Bill Sali, thinks it's OK to tax all the citizens across America to pay for the construction of a 12-bed detox center in Boise, Idaho.

   Huh?

   Sali, supposed defender of private enterprise, the free market, and limited government has now met his left Liberal enemies in Washington DC and guess what?  Now he are one.  Huyuck.

   Last year, the dominant GOP Congress sneakily shoved over 15,000 earmarks into non-related legislation to bring the pork back to their home districts.  This year, the dominant Demo Congress has cranked up some 23,000 earmarks with no end in sight.  So if it walks like a statist, talks like a statist, acts like a statist, then guess what: it's probably a freaking statist.

   The U.S. has now reached a moral and financial dilemma as both GOP and left Liberal Congressman think the U.S. Dollar grows "for free" on cherry blossom trees in Washington DC.  And you thought GOP Sali was a fiscal Conservative?  Think again, Idahoans. There's not a dime's worth of difference between the basic moral philosophy of the Liberals and the Conservatives.

   But, if the above reporting from the Idaho Statesman is correct, Sali is now worse than the Liberals.  As a gung-ho Bible  Banger who pushed for anti Gay and anti Women's rights and is pro Faith-Based legislation to strip you of your social rights, he is now pushing to strip you of your economic rights, too.  Taxing one group of Americans in Hoboken, NJ, and Santa Monica, CA, to build a 12-bed detox center for another group of Americans in Boise, Idaho, is not free market.  At least the socialist Welfare State Liberals support individual social rights.

   As we've hinted at over and over in these pages, the moral and economic downfall of America will not come from the left Liberals but rather from the Bible Banging Right -- and all in the name of an anthropomorphized God. -- FM Duck

Bye-bye Micron, thanks for the memories... chips, that is
(Jun 30, 2007)

Boise, ID – Has anybody noticed a growing trend in Boise lately?  Big businesses are leaving in droves.

   First, CEO Bill and Mary Agee ran Morrison-Knudsen into the ground.  MK then morphed into WGI, which was recently bought by California giant RUS or SRU or Toys R Us.  Then, Boise Cascade bit the dust as CEO George Harad took his $20 million for merging BCC with Office Max and selling out to private firm Madison-Dearborn, which is busy dismantling what's left of BCC.

   Next to bite the Boise dust was Albertson's Grocery stores whose CEO took his $20 million or so and said they couldn't compete against Wal- Mart.  Albertson's sold out to Super Value.  SV moved Albertson's out of state and in one year has turned the stores around into profitability.

   This year Boise's Hewlett-Packard Printing Division has a problem: nobody is printing on paper.  Oh-oh, HP may have to re-invent or dump the printer or dum-da-dum-dum move out of Boise.

   And now, for desert, we have Idaho's largest private corporation announcing a denial of a denial that it will not be needing that special interest corporate welfare property tax exemption from ex Gov Kempthorne and the state legies.  Plus, Micron will not be needing all those future local Community College graduates for its Die-Chip-Frame assembly lines because it's moving its fabrication plants to China and Singapore and freezing all U.S. employee hires.  Plus, several thousand Boise Micron employees will be laid off soon.  Real soon.  Like now.

   Quite frankly, we don't really give a rat's derriere what Micron does because (1) we are free market capitalists at FM Duck, (2) we are not "It Takes A Village" socialist cheerleaders like the editors down at the Idaho Statesman, and (3) we understand that it is in the best interests of everybody in a global free market to produce and trade where one can make the best profit.

   But what we do object to is the constant special interest corporate welfare that the Idaho legislature and executive branch grants to big companies who know full well at the time they lobby for their corporate welfare that they will be moving out of the state to China and elsewhere, and thus increasing taxes -- to make up for the loss -- on residential homeowners.  It's the Big Lie that we object to, not the free market move. -- FM Duck

Boise Mayor Dave Bieter confuses self with Walt Disney, wants taxpayers to finance Whitewater Playground
(Jun 18, 2007)

Boise, ID – "Yo-ho, yo-ho, a pirate's life for me."  That's right taxpayers.  Left Liberal Boise Mayor Dave Bieter has morphed into Walt Disney, confused the proper roles of govt and private enterprise, and thinks the government should build a Whitewater Theme Park in Boise.

   Yahoo, Goofy!  What's next, Indiana Jones and The Boise Temple of Doom?

   The big question is, "Twinkle, twinkle, Mayor Dave, how I wonder how much we'll pay?"  Try $1.5 million in taxes, for starters. Total estimate for Mayor Goofy's Whitewater Theme Park is $8 million: $1.5 million from Boise taxpayers and $6.5 million from Peter Pan and Tinker Bell private donations, which may or may not materialize.  Which means The Pirates of the Boise Caribbean will tax the crap out of its citizens to make up the difference.

   "This is one of the happiest days for the city of Boise," announced Mayor Goofy.  Huyuck.

   Meanwhile. the socialist cheerleaders down at the Idaho Statesman are, of course, cheering Mayor Goofy on as they sing, "It's A Small Tax After All," and couch their announcement of Mayor Bieter's Splash Mountain as if it's (1) a legitimate project for the City of Boise to blow taxpayer money on, and (2) a long overdue necessity that has been lagging behind and must get going quickly or we may all die from lack of enough governmental spending.

   Statesman headlines cry, "Bieter Wants Money To Get Whitewater Park Moving... Proposed budget calls for $750,000 for long-stalled playground for kayakers on the Boise River."  I wonder what Boise's private water park in Meridian, Roaring Springs, thinks about having to help finance its new government competitor through taxation?

   Next on Mayor Goofy's Alice in Wonderland agenda: Mad Hatter Tea Party down at Boise City Hall with Tweedle Dum, Tweedle Dee, and the Cheshire Cat standing on his own head -- and your wallet. -- FM Duck

How to Game an Idaho Election
by Henny Penny at Animal Farm
(May 23, 2007)

Boise, ID – According to the Idaho Statesman's latest census sources, 1.4 million people live in Idaho, 615,500 people live in Ada and Canyon Counties in Boise's Treasure Valley, and  262,000 K-12 students live in Idaho.  Doing the math, we can extrapolate that 19% of Idahoans are younger than 18 years old and 81% are adults who can vote.  81% of the population in the Treasure Valley who can vote, therefore, equals roughly 498,555 or, say, 500,000.  But let's be generous and lower that to 400,000 adults who can vote in Ada and Canyon Counties.

   Now comes the interesting part, Margie.  In yesterday's vote to establish a blank spending check and no specific location for a new Community College system in the Treasure Valley, 31,500 voters said YES and 14,500 voters said NO.  Since the election needed a super-majority of 66 2/3% of those who voted -- not of those who were eligible or registered to vote, there's a big difference -- to pass, the Yeas got 68.4% and the NoWayJoses got 31.5%.  The No Shows, those who did not show up to vote, totaled approximately 354,000, or 88.5%.

   This means that only 11.5% of the adult population of Ada and Canyon Counties, a tiny minority, got to raise everybody's property taxes in the Boise area.  In other words, a Democratic Minority Rule of about 10% gets to dictate what could turn into a huge property tax increase for 90% of the Boise area population.

   Is this what our Founding Fathers meant when they created a limited republic?  Is this what is meant by "No Taxation Without Representation?"  This is worse than Democratic Majority Rule which is truly a "tyranny of the majority."  Clearly, Idaho's political system is broken when even in a super-majority election required to increase taxes, a minority of 10% can force 90% into something they did not vote for.

   Now, you rebut, "So why didn't the 400,000 eligible voters in Ada and Canyon Counties show up to vote NO?  My answer is twofold: (1) because they shouldn't have to show up to vote NO, and (2) the current special interest groups in Idaho are cleverly "gaming" the system.

   Let me explain.

   In (1) above, we need to change the Constitution in Idaho to state that a majority must be 51% of the ELIGIBLE or REGISTERED voters and a super majority must be 66 2/3% of the same.  It makes more sense to define "voter representation" as the "registered" voters, not just those who show up to vote.  To pass a law -- especially a law to spend and tax with a blank check -- Idaho should require a majority or super majority of the voting population to approve it.  If people don't want a new law, they should not have to show up to vote no; staying at home should suffice.  As with the Bill of Rights, the onus is not on the NO voters to always have to go to the polls to try to prevent an infringement upon their rights or protecting their money from the tax collector at every whipstitch minute but rather it is on the YES voters trying to shove taxing and spending down everybody else's throats.  And the YES voters should represent a majority or super majority of the registered voters, not just those who happen to know about the "special election" and show up to vote.

   Which brings us to point # (2) above:  the current special interest groups in Idaho are cleverly "gaming" the system.

   How?

   Idaho's special interest groups, in yesterday case it was the Public Education lobbyists, are allowed by law to set up a "special election" not on one of the regular 4 election days in Idaho.  That way, no official notice is required to be mailed out to the voters by the Sec of State.  If you don't subscribe to the socialist Idaho Statesman newspaper or watch local TV news -- many people today obtain their news from the Internet instead -- then you may not know about the "special election."  That's step one.

   Step two by the clever lobbyists is to mis-use Idaho's Absentee Ballots.  Absentee Ballots mean exactly what they say: ballots for Idahoans who will be "absent" from Idaho and can't make it to the polls to vote.  Business trips, vacations, on duty fighting a War in Iraq are examples.   Instead, the Secretary of State's wife who works directly as his nepotistic Admin sent out private PAC brochures to first INFORM a select group of thousands of voters that a "special election" will be occurring, and second, a campaign brochure which not only urges the recipient to vote YES, but also includes a convenient form to obtain an Absentee Ballot to vote from home.

   In short, officials from the state and others acting in a private capacity, notified only a select group of voters about a "special election" and then provided them with the means to vote from home.  This is truly a mis-use of the Absentee Ballot by special interests to "game" their "special election."

   Meanwhile, our 4th Estate, the socialist cheerleaders down at the Idaho Statesman, cheers the culprits on and celebrates what amounts to election fraud and a total misrepresentation of what our Founding Fathers meant when they established a limited constitutional republic with a Bill of Rights to protect infringements upon the rights of the smallest minority possible: the individual.

   Clearly the political voting system in Idaho is broken and it needs to be fixed pronto. -- FM Duck

A Tale of Two Highways

Australia's free market Macquarie Investment Bank leases Chicago's Skyway for $1.8 billion for 99 years, chops govt taxes, automates toll collection, and saves city of Chicago from bankruptcy with $500 million rainy-day fund.

Idaho Gov K's GARVEE-funded "Connecting Idaho" Highway Plan starts off with a nepotism lawsuit and Fed Highway Admin investigation.

Chicago, IL and Boise, ID -- Let's look at a Highway Development Tale of Two Cities:  Chicago and Boise.  Actually, since there are more people in Chicago than in the entire state of Idaho, let's compare the development methodology of Chicago's $1.8 billion Skyway project and Idaho's $1.2 billion GARVEE federal Highway Program.  Both projects were funded for approximately the same amount of money.

   First, Chicago's Skyway project is a free market project.  Idaho's Highway Plan is a govt project.  Chicago's Skyway project was a previously-failed govt project which left the city of Chicago bankrupt.  Idaho's Highway Plan is new and was forced through the 2005 state legislature after Gov K threw a temper tantrum on TV, vetoing every new Bill as "veto fodder" until the legislators caved in and passed his new GARVEE Highway Plan to be paid for with future federal gasoline taxes.

    Chicago's Skyway renovation started when Australian private road financiers/developers showed up and offered $1.8 billion to revamp their Skyway through the free market, automated road tolls, and innovation.  Boise's "Connecting Idaho" project got off to a nasty start with a nepotism lawsuit when NY engineering bidders who were unanimously chosen, 9-0, by senior engineers in an Evaluation Committee in Idaho's Dept of Transportation to manage the project were overruled, 4-1, by gubernatorial appointees from Gov K's Idaho Transportation Board.  The Gov's political buddies WGI / CH2M Hill of Idaho were chosen.  The Board's excuse was explicitly stated as nepotism, i.e., WGI and CH2M Hill were experienced with past Idaho projects.  The dummies on the Trans Board didn't even know how to lie (good for them) or fudge their excuse since federal law states preferential treatment cannot be given to locals or anybody who has donated political contributions.  Hence a lawsuit by the NY company and an investigation by the Fed Highway Admin.

   Chicago's privately revamped Skyway project is a great success and saved the city of Chicago, adding a windfall bonus of $500 million to their rainy day fund.  Idaho's Director of the Governor's handpicked Transportation Board, Chuck Winder, in reference to whether the Idaho legislature would have enough time to pass legislation to fund the first portion of "Connecting Idaho" (since everything is currently tied up in a lawsuit) was paraphrased in today's Idaho Statesman as saying, "These projects (Idaho's Highway projects), funded largely with federal dollars, can proceed even without a program manager."  And the Statesman said, "Perhaps."

   Really?  That's like the software project manager who says to his programmers, "OK, you guys start writing the program code while I go get the specs."  If either Winder or the Statesman editors knew anything about project management or had bothered to read the major reasons -- besides the criminal expropriation of interim financing from the U of I -- why Boise's $136 million University Project fiasco failed, they would have read KPMG's review that pointed out (1) there was no business plan, (2) no real project manager, and (3) no standard contracts or specified roles of responsibilities, including financial tracking, schedules, change controls, or status reports that would normally constitute a project of that size.

   Winder's and the Statesman editors' comments exemplify one of the major reasons why government projects usually fail -- or cost 5-10 times the original estimate (which itself is a failure) -- and free market projects succeed:  lack of project management knowledge. -- Deep Throat II