|
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
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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
Monday February 08, 2010
--
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.
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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 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.
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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."
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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.
--
Mon Feb 01 Yo, girl friends, aren't you tired of hearing what a
wonderful orator President Barack Obama is? Let's think about this for
a minute. OK, time's up. Barack Obama is NOT a great orator.
He is a mediocre speech reader, an actor, who knows how to read somebody
else's lines on a teleprompter. Take away the teleprompter and Barack
Obama falls flat on his face because he doesn't even understand what he's
reading, either at a philosophical or empirical level. He frequently
gets his ideology and his facts wrong -- which is the fault of his speech
writers and himself since he should know what his writers are writing about.
This explains why he continually puts forth absurd socialist sophisms that
were disproved centuries ago, and wrong statistics that a 12-year could
refute by looking up the information on the Internet. A great orator,
on the other hand, is somebody who can stand up and
extemporaneously speak on some subject in
an intelligent manner that either
convinces the audience about the truthfulness of his speech or move them in
some emotional manner. That's the difference between a Hollywood actor
and a great orator. Actors and actresses are a dime a dozen in
Hollywood and while many can read their lines with such zest and such zeal,
one should not confuse the reader with he who actually thought up and wrote
the lines. Hollywood actors and actresses are
not Shakespeare or Sidney Sheldon or John Grisham or Dan Brown.
Nor are they Austrian free market economists such as Ludwig von Mises or F.A.
Hayek or Henry Hazlitt or philosophers such as Ayn Rand or John Locke or at
the intellectual level of the Founding Fathers such as Thomas Jefferson (who
wrote the Declaration of Independence at age 28) or Benjamin Franklin or
James Madison. And guess what? Neither is President Barack Obama.
He is neither a great orator or a great thinker. He is, in reality,
just a simple-minded individual who happened to stumble into the political
arena at a time in America's culture in which the current philosophical
fashion happens to be the ideology of altruistic state collectivism.
So the ill-educated, inexperienced college kids and 95% of Obama's African
American ethnic voters elected one of their assumed-bros into the office of
the Presidency with no real clue about his real intentions. After 433
speeches in one year, which means he gave several speeches a day for about
50 days last year, the public is now getting sick of hearing him show up on
national TV to babble about that which he has no clue. A mediocre
actor he is. A "great orator" he is not. President Barack Obama
couldn't spontaneously argue his way out of a wet paper bag -- unless some
speech writer drew a big X on the inside of it and pre-punched a big hole
for him to escape...and I do mean escape because this narcissistic dude
isn't living in the same dimension as you and me. He's like a deer,
frozen in Karl Marx's headlights on the road to serfdom, in love with his
own voice, prancing around the White House and all across the country
reading pre-scripted, staged speeches, pretending like he knows what's
really going on in the market.
--
Fri Jan 29 Whoa, how gauche. And how arrogant. President
Barack Obama showed his true belligerent colors during his Mirage of the
Union Address Wednesday night. First, he berated the members of the
U.S. Supreme Court in front of 535 members of Congress and millions of TV
viewers. The Justices sat 25 feet directly in front of the President
as he verbally slapped them up one side and down the other. I'm
surprised he didn't ask them to wear dunce caps and bark like dogs.
What did he slap them around for? Obama
blasted the Supremes for their recent decision in which they upheld a corporate
entity's right to
freedom of political speech qua an individuals right to free speech under
the First Amendment. The Supremes decision squashed the
McCain-Feingold Joke that previously forbade companies from spending unlimited
amounts of money to indirectly support their choice of future politicians. In an attempt to twist
their decision into partisan politics, President Obama tried to pretend that
all corporations are simply tools of the GOP and, therefore, will
control all future elections with tons of Republican corporate money.
Obama disingenuously ignored the
existence of Progressive billionaire George Soros who funds billions of
dollars annually for left Liberals, and the millions of
dollars that the left Liberal Kennedy family and the John Kerry Heinz family
and Rockefeller family and the Bill and Hillary Clinton Dynamic Duo and all of Obama's
millionaire Chicago supporters provide each year. In fact, the
Democrats often receive more money than the GOP for political contributions,
especially when one adds in all the union corporations such as the SEIU, the
AFL-CIO, the NEA, the UAW, and the United Hookers of Las Vegas. In reality, most corporations in the
Fortune 500, in an attempt to gain favor with both sides of the two major
political parties, donate to both parties. But the faux pas was that Obama
(1) was dead wrong, and (2) chose to denigrate the Supreme Court Justices in front of everybody knowing full well
that they couldn't respond. Well, almost. Everybody
saw Justice Alito shake his head in a big fat "No" as Obama
reprimanded the Justices. Obama's second show of arrogance reared its ugly head as
he slapped the U.S. Senate for voting "No" on a
bill for who cares -- the subject is not the point -- by stating, essentially,
"Well, screw the Senate. I'm not
going to take no for an answer and so I'm just going to go around the
bastards and implement an EO -- and Executive Order -- to get it done anyway, never mind the checks and balances of the three branches of government.
I'm in charge here." These are just two of the overt
instances that show President Obama's total disdain for not only the U.S.
Constitution, but also toward the U.S. Congress, the Supreme Court Justices,
and the average American. He is a narcissistic Progressive, a state
collectivist, who has now shown his anger and thirst for power, and you can
bet -- like all historical dictators -- he will mow everybody down with the
full force of the government if the "stupid" people do not submit to his
Messianic socialist programs. Where have we seen this before?
--
Thurs Jan 28 In the 1800's in France, during a dock strike at which
several hundred French dock workers were holding a meeting to protest all
the protectionist trade restrictions by the French Parliament, strangling
the movement of goods into and out of the country, a French Parliamentarian
popped up and asked, "Excusez moi, mes amies, but q'est-ce-que-c'est that we
in Parliament can do to help you?" To which the dock workers
responded, "Laissez-faire, laissez-passer, Vous dolt et uno half!" And
that's exactly what our response should be to President Obama's State of the
Union Address last night on national TV: "Leave us alone, let all
goods pass, let the free market work, you dolt and a half!" In an
approximate hour and a half of state collectivist baloney, Progressive
(socialist) President Barack Obama pretended that he was the incarnation of
Jesus Christ, the CEO of America, and able to transcend all future knowledge
of the trillions and trillions of subjective evaluations of both sides of
all trades in the market economy as he -- with no hint of pretentiousness --
laid out his Grand Delusion of Plans for everybody and everything in the
market. From how to sell cars, how much bank managers should receive
as sales bonuses, how to issue and re-issue home mortgages, the cost of
trillions of component commodities and services comprising all facets of the
health care industry in America, where the value of pulp fiction dollars are
obtained as the Federal Reserve and U.S. Treasury pump out trillions and
trillions of non-collateralized paper dollars inflating our economy, how to
finance college education for America's students, how workers can save the
world by manufacturing new solar panels and windows, and ad infinitum
affecting every commodity and service in the world, President Obama went on
and on about how he and his Cabinet members and Czars have the brainpower to
clever manage a free market into a government market and thus save us all
from unemployment, sickness, famine, and poverty. Such pretentiousness
has not been babbled since I can't remember when, at least not in the U.S.
of A. Only in socialist, communist, fascist, state collectivist
dictatorships do political leaders stand up at the podium in front of the
entire nation and pretend they are Economic Omniscients who can predict or
manage the future price of tea in China. Undaunted, and apparently
never having studied 19th century French history, President Obama seems
destined to repeat their bankrupticies and economic revolutions as he
proffers ridiculous socialist sophisms that have already been refuted a
thousand times over by every shade of economist, free market and socialist,
since the publication of The Wealth of Nations and Austrian free market
economist von Mises' Human Action. Our advice to Obama is the same as
the dock workers in 1800 France, "Laissez-faire, laissez-passer, you
Economic Village Idiot!" Get out of our way and let the free market
work. Less government, more free market. More gold money, less
Funny Money paper.
--
Wed Jan 27 Hey, you old farts living off your retirement. Think
your savings are safe? The Federal Deposit Insurance Corporation
(FDIC), a subsidiary of the central bankers' Federal Reserve corporation,
is, dum-da-dum: BANKRUPT. That's right, folks. The FIDC's
balance sheet is at negative $8 billion and sinking
fast. And maybe more if they used true accounting practices
instead of Disneyland accounting. "Ooh, look Mickey, stand on your
head and the nine becomes a six. Wow. Magic." Soon, the
FDIC will ask Congress for a taxpayer bailout. That means the
taxpayers will be bailing themselves out to save their own savings.
Peter taxes Peter to pay Peter. Huh? Wait. How does that
work? Let's think about this for a minute. The Federal Reserve
went totally off the gold standard in 1971 and the FDIC has been insuring
your $100,000 -- now $250,000 -- non-backed savings with, hmm, more
non-backed paper dollars in case your non-backed paper dollars become
worthless or your bank fails. What kind of joke is that? Your
dollars become worthless or your bank fails and the FDIC insures your lost
or devalued dollars with MORE of the same. I, the government, force
you to use crap for money and then insure your crap with more crap.
What a great insurance program! Next thing you know, the U.S. Treasury
will be printing up bogus Funny Money out of thin air with no connection
whatsoever to gold or anything else except their promise that it's OK.
Oops, they're already doing that. I know, I know, the U.S. Treasury
and Fed Reserve bankers will just type in more zeroes after the billions and
trillions on their computerized balance sheets and send this new digitized
money to whomever at the push of a button, thereby saving the 3-cents it
takes to "print" any U.S. denomination bill. Big savings on green ink
and paper. Oh, goodie goodie gum drops. Virtual money.
Invisible money. Pulp Fiction Dollars brought to you courtesy of the
Federal Reserve central bankers... obtaining its "value" from...
where?
--
Tue Jan 26 Whoa, pull up the floor, sit down, shut up, listen up, and
pour yourself another hot cup of Rocket Java, cow girls. Those of you
wringing your little hannies and getting your panties all twisted in a knot
about Idaho possibly going bankrupt this year... sweateth not. As of
Dec 31, 2009, the Idaho state lands endowment fund (huh?), state insurance
fund (what's this?) and judges' retirement fund (we know what this is), were
worth a combined $1.806 billion, up about $360 million from the year before.
Why? Somebody invested these coins in the highly manipulated stock
market, guessed correctly, and boosted their value by 25%. Well, an
inflated 25%, but that's better than the $250 million Idaho lost during the
previous year when the market got hammered. Just think how much more
money the Idaho state dummies would have earned if they had followed FM Duck
and invested in gold bullion, silver bullion, gold stocks, and precious
metals. But noooo, they plunked the state coins into financials and
other junk paper, which, if they keep it there will eventually crash and
burn with the U.S. pulp fiction dollar. Meantime, let's party down, my
little public education budget cut whiners. The state land endowment
fund provides booty for public schools, universities and "other
beneficiaries." That means we got a coupla billion extra dollars
squirreled away for the next few years' rainy days to throw down the rat
hole of public education and the Idaho judges ain't going to starve on pork
and beans either. Whew, I was getting worried about the judges.
How about you?
--
Tue Jan 26 Idaho Gov. Butch Otter is hankering to phase out taxpayer
bucks for 5 government agencies: (1) the Human Rights Commission (what
the hell is that, don't we already have a Bill of Rights?), (2) the Hispanic
Commission (Que passe, amigos, what's next a Swedish Commission?), (3) the
Council on Developmental Disabilities (best left to the private market, not
Da Gumment), (4) the Independent Living Council (gimme a break, you wanna be
independent, move out to your own apartment and don't ax me to pay for it),
and (5) the Council for the Deaf and Hard of Hearing (hey, try the free
market, can you hear me now?). Sob, sob, whine, whine. How did
these bureaucratic institutions come about anyway? You want to help
others? Donate your own money, not your neighbors' tax dollars.
They have problems of their own: children with disabilities, seniors
to take care of, financial problems, loss of jobs, medical problems, and a
host of other conditions that should not be taken care of by taxing Peter to
pay for Paul. Got any more government welfare agencies we can cut?
If we don't do it now, Mother Nature and the market will do it for us.
--
Tue Jan 26 Cowboy Gov. Butch Otter is finally on the right track,
announcing that he will sue the crap out of the U.S. Congress if they try to
shove ObamaCare down Idaho's throat. We need national health care like
a horse needs another saddle up his ass. Three Idaho House Republicans
have introduced the Idaho Health Freedom Act in case Obama and his
Progressive Economic Village Idiots in our Parliament of Whores try to use
the Commerce Clause to force individuals to purchase health insurance.
In addition, all the different special interest deals made by President
Obama to get his socialist health care program passed -- such as the
"Cornhusker Kickback" for Nebraska to receive free federal aid for its state
Medicaid forever -- are blatantly unconstitutional at many levels.
Idaho Attorney General Lawrence Wasden is conferring with constitutional
attorneys in 30 other states who are also implementing similar Health
Freedom Act legislation in their own states. This should keep the
editors at the Progressive Idaho Statesman newsrag whining and wringing
their little hannies for at least until the cows come home next spring.
Moooo...
--
Mon Jan 25 Are you unemployed? Don't feel like the Lone Ranger.
Not only is unemployment continuing to go up, up, up, hitting about 17% to
20% if you count those who are under-employed or have given up looking for a
job, all 50 states' Unemployment Insurance Funds are going bankrupt.
Employers in each state are forced by law to pay into a state unemployment
fund in case a worker loses his or her job. Then the worker can run
down to the state unemployment office and collect a percentage of his or her
salary for a limited amount of time. Unfortunately, the time and money
have run out for most states. Which means many states are now
borrowing unemployment money from the federal government, and that, in turn,
means states are borrowing federal money AT INTEREST from that seemingly
bottomless pit of pulp fiction dollars: the Federal Reserve, who prints it
up out of thin air, causing both monetary and price inflation, which means
the unemployed have to pay more for goods and services. What a vicious
circle the central bankers have caused in their absurd zeal to implement
Keynesian Quantitative Economics, better known as counterfeiting our paper
money supply. Idaho's Unemployment Insurance Fund is currently
bankrupt. We have borrowed $130 million to date. Our 6-month
projection does not look good. In fact, we are in good company with
bad company. The Top Ten Bankrupt States
spilling Unemployment Red Ink are:
1.
California.... $6.5 billion (Gov
Schwarzenliberal)
2. Indiana.... $1.5 billion
3. Illinois.... $1.3 billion
(Prez Obama's home)
4. Florida.... $1 billion
5. Kentucky.... $615 million
6. Arkansas..... $244 million
7. Connecticut.... $230 million
8. Alabama.... $166 million
9. Idaho.... $130 million
10. Georgia.... $121 million
Currently not in the red but projected for insolvency within 6-months are:
1.
Arizona
2. Colorado
3. Hawaii
4. Kansas
5. Maryland
--
Mon Jan 25 Whoa, girl friends, is the stock market rigged? Well,
if not, then who's buying and selling billions of dollars worth of stocks?
According to a Bloomfield report, it ain't big companies. And it isn't
big investment groups. And it isn't you and me, the little guys.
So, who's buying stocks and futures to the tune of billions of dollars on a
daily basis driving the market up (or down, if it's precious metals) -- the majority of which is done 15 minutes
before and 15 minutes
after market
hours? Hmmm, let me think. If it ain't corporations or you and me, who's got this kind of money to jump in
and out of the markets like Jack Be Nimble, Jack Be Quick, is Jack pulling a
number on the American people? Hey, I know, how about the mysterious
Federal Reserve? The central bankers can crank up as much paper and
integers in the bowels of mainframe computers as they need to jump into the
S & P, the Dow Jones, and futures commodity markets to buy and sell, go
long, go short, and pump the market up and down whenever they feel like it.
Where is this money coming from? Can you spell Cayman Islands?
Can you spell Jamaica? Can you spell what everybody on the floor of
the NYSE already suspects but are afraid to say: shhh, it's the
Federal Reserve central bankers dressed up in a Green Hornet suit,
manipulating the stock market just like they manipulate the T-Bill market to
fool the people into thinking that everything is A-OK and the U.S. is
pulling out of its Recession. In the T-Bill market, the Feds, via the
Treasury, sells its Treasuries to already chosen big bankstas, who hold the
paper for a coupla weeks and then sell it right back to the Federal Reserve
who purchases it with newly printed up pulp fiction dollars, all in a big
game to pretend that China or some other dolts are buying our T-Bills.
30 big hedge fund dealers said they ain't buying in the market. But 4
big bullion banks are busy suppressing the precious metals markets by
shorting gold and silver contracts up the yin yang on a daily basis like
clockwork.
JP Morgan illegally owns (manipulates) 40% of all the silver futures in the
market. Like, where is the CFTC, Commodities Futures Trading
Commission, in all of this skullduggery? No wonder the Fed Reserve
doesn't want to be audited by Congress. The Big Question is:
what happens when the Fed stops manipulating the stock market with its
billions of Funny Money? Boom!
The biggest crash and burn you ever saw, girl friends. Move over Stock
Market Crash of 1929, you ain't seen nothing, yet.
--
Mon Jan 25 Congressional investigators are rapidly discovering that
U.S. Treasury Secretary little Tim Geithner -- who didn't pay his taxes --
and Fed Reserve Chief Ben Bernanke -- who can't spell 'gold,' 'collateral,'
or 'real money' -- may have conspired to cover up their $180 billion AIG
bailout of big Wall Street banksters such as Goldman Sachs to ensure that
Goldman raked in about 100-cents on the dollar from their Credit Default
Swaps (insurance bets) against the same Structured Investment Vehicles (SIV
hedge funds) that Goldman was selling to investors down the hall.
Like, hello, buy our hedge funds and earn X% while we take all your
information and then bet against your ass with Credit Default Swaps so we
can't lose. FM Duck reported on this obviously illegal activity by
Goldman Sachs last year (and earlier) but it has taken Congress over a year
to get around to this fraud. Once again, to those who argue that a
gold monetary standard is passe, note that none of this type of fraud could
ever occur on a true gold standard. And that's precisely why the
central bankers and the current crop of academic and government economists
hate the gold standard: because they would be out of a job, both at
Harvard and in Da Gubbment.
--
Mon Jan 25 The death toll from Haiti's 7.0 Earthquake is due to the
lack of enough (if any) rebar reinforcement in their concrete building material.
This was not an oversight. This was due to political corruption and
bribes to building inspectors to overlook substandard building. Haiti's building collapse tragedy is also due to an improper
mix of the components of good concrete. Also, not a mistake. These two deficiencies are due to political
corruption that allowed bad construction and rendered the rules of their
building codes down to the level of a joke. A
bad joke. What is the root cause of this political corruption that has
plagued Haiti for the last fifty years during the corrupt reign of President
Papa Doc and then later his son Baby Doc?
Political corruption is the result of the people of Haiti's choice of
government: state collectivism in which everybody survives via special
interest pay-offs, much like what U.S. President Obama is trying to force
down the throats of Americans today with his health care and other socialist
programs. The result of the people of Haiti's choice of a
giant corrupt welfare state is a direct result of their -- and the rest of
the world's -- current moral philosophy: altruistic state
collectivism. Haiti was already a poor and starving nation long before the 7.0 quake.
How bad was it? Poor women in the slums baked mud cookies in the hot
sun near the dump using dirt
and vegetable oil and sold them in the markets of Port-au-Prince.
What's worse is that people actually ate these dirt cookies for supposed sustenance.
A people's culture cannot get much lower than eating dirt. This is
worse than Marie Antoinette's dictum, "If there's no bread, let them eat
cake (cake being the rotten crap at the bottom of the barrel)." U.S. rock
stars wearing lots of bling, jumping around on TV, and collecting money in a telethon, actors and actresses and U.S.
politicians flying down to Haiti to get in the way of relief aid, and more
U.S. Government welfare dispensed by military troops is not the solution. Dumping more and more
welfare on the starving people of Haiti will not solve their problems
because it doesn't solve the underlying fundamentals, which can be summed up
as the lack of true free market capitalism, the lack of a sound monetary system, and the
lack of an objective judicial system. In short, until the people of Haiti implement a
true free market infrastructure with a
non-corrupt judicial system, they will continue to build buildings that shake
like Jell-O and collapse like Pick-Up Sticks in the next Shake and Bake.
--
Wed Jan 20 Well, Flash-a-Freaking-roonie! GOP candidate Scott
Brown (R-MA) kicked Martha Croakley's Progressive butt in yesterday's U.S.
Senate election in Taxachusetts. Dead Ted Kennedy must be turning over
in his grave right about now as, ironically, he tried for fifty years to
pass a national health care bill and now his senate seat has just been taken
over by a Republican, the only elected Repub in the entire state, who has
vowed to vote "Hell No" on ObamaCare.
Senator Brown's election has now broken the U.S. Senate's filibuster-proof
majority AND Brown has promised to vote "NO" on not only ObamaCare
but on a plethora of
other Progressive Bullshit -- pardon my French -- legislation. But it
wasn't the GOP voters who did it. It was the 51% Independents in Beantown and the Burbs who turned the tide by voting AGAINST the Progressive
Demos. If the socialist Progressives in Taxachusetts can't win an
election in 2010, think about what the Tea Party voters in the other 49
states can do in November. You ain't seen nothing yet, folks.
The big test is: can the people gain a majority of morally and
fiscally responsible public servants in Congress by replacing at least 38
Democrats in the House of Reps and about 8 Democrats in the U.S. Senate in
The Big Show in November? Americans are mad as hell at our current
Axis of Evil Progressive politicians: Pretend President Barack Obama,
House Squeaker Nancy Pelosi, and Senator-soon-to-be-out Majority Leader
Harry Reid. Note that Free Market Duck hit the Taxachusetts election
nail smack on the head: GOP win by 5%. You owe me a steak dinner,
somebody out there in Reader Land... ya-ah-ahhhh... Wanna know next
week's Lottery numbers? Me, too...
--
Tue Jan 19 The fate of the nation rests upon the result of who wins
the vacant U.S. Senate Seat in a special election in Taxachusetts today.
If the GOP candidate wins, he will vote "no" on ObamaCare and all of
President Barack Obama's pending socialist legislation, thus replacing the
Demo's 60-vote filibuster majority position with a 59-vote minority position. If the
Progressive Democrat wins, she will vote "yes" on ObamaCare and all the
other socialist Bills pending in Congress to bankrupt America and retain the
Demo's 60-vote filibuster majority in the U.S. Senate. Prediction:
We will go out on a limb and prediction a 5%-10% margin of win for the GOP
candidate. Then, the Demos will do everything possible to cheat the new
Republican Senator from Massachusetts out of his U.S. Senate seat.
Obama might cry on national TV.
--
Fri Jan 15 The legislative session for Idaho has just begun and
already the left Liberal editors at the Idaho Statesman are wringing their
little hannies about Governor Otter's budget cuts to government spending --
especially cuts to their sacred cow: moooo... public education. Here's
the scoop. Pub Ed costs in Idaho make up a huge portion of our budget,
ranging from 60%-70% of our $2.5 billion to $3 billion annual budget.
During the housing boom, from 2002 through 2006, Pub Ed revenue skyrocketed
because it looked like we were all getting filthy rich as our home values
doubled and tripled and many home owners used their homes as ATM machines to
pull out equity that would soon disappear overnight, leaving them underwater
as they continued to pay $300,000 mortgages on a $200,000 house. As
home values rose during the central banking qua Fannie Mae-caused mortgage
lending spree from Washington, property taxes surged. As property
taxes surged, Pub Ed revenue surged and, as usual, Pub Ed created all sorts
of new programs and expanded existing ones to spend the tax money or lose
it. Pub Ed revenue in Idaho jumped from $1.3 billion to $1.7 billion
or more. Then, the housing bubble crashed and burned. Pub Ed tax
revenue dropped like a hot potato. But, as usual, Pub Ed supporters
are whining and crying that Idaho cannot cut education money for their
children or our entire future society will dry up, wither on the vine, and
drop dead. Without maintaining our current skyrocketed Pub Ed spending
which resulted from the federal government's past spending spree, the
children of Idaho will, sob sob, (1) commit suicide, (2) drop out of high
school, (3) not spend $150,000 to go to college to earn a degree in
Revisionist American History for which there are no jobs, (4) be deprived of
a pre-kindergarten education and thus never make it to the 1st Grade, (5)
get pregnant at age 15. God help anybody who questions whether there
is any waste, fraud, and abuse in Idaho's Pub Ed system. Left Liberals
and many GOP chicken-shifts in the state legislature are afraid to state the
obvious. Namely, education, like health care,
is not a natural right, since nobody has the
right to take by majority rule -- or by any
other method -- the fruits of another person's labor in order to pay for
one's own living expenses. Pub Ed is riddled with hundreds of millions
of dollars in waste, fraud, abuse, and ridiculous bureaucratic programs that
exist merely to obtain matching federal funding. The entire concept of
Pub Ed is a fraud itself since it doesn't really educate anybody but exists
merely as full employment for bureaucratic-minded teachers and
administrators while issuing what amounts to a state work permit to
graduates whose little brains have been inculcated with nothing much more
than how to be good little welfare state subjects of the authorities in
control of the collectivist State. This is not about the veracity of
teachers and educational administrators. The good ones could just as
easily offer their services -- which is all that education is -- in the
private enterprise of the free market, just like every other commodity.
There are no inherent traits of the commodity we call education, or
information services, that invalidate the basic laws of economics. And
just like health care, education should be between the parents, their
children, and their private providers, not the government. So, if
Idaho really wants to improve its economic situation, the best thing it
could do is to undo the constitutional provision for public education and
return it to competitive private enterprise. Nobody will be able to
afford it, you say? Bullshit! All the so-called poorest kids in
the nation are busy texting each other on their CELL PHONES 87 times a day,
playing XBOX computer games after school, wearing expensive sports jerseys,
downloading iTunes to their iPods, going to rock concerts to hear Metallica
blow their brains out at $50 bucks a whack and smoking expensive dope they
bought from their friends at the Pub School Brick House. Dumping Pub
Ed would eliminate Idaho's need for a property tax. Bingo, we would
automatically solve the problem of senior citizens on fixed incomes losing
their homes to the dreaded tax collector when they can't afford their
inflated property tax increases. Whoa, girl friends, that would give
seniors more money to spend in the market for things they really need like
medicine. Cut the sales tax to about 2% with no exemptions
(implementing what amounts to a "consumption tax" only) and, whoop-tee-doo,
businesses could sell more goods, hire more people, and increase the quality
of living for everybody. In fact, let's trade the abolishing of
property taxes with dumping the sales tax exemptions. Net result:
no property taxes; sales taxes on all new goods at a low low rate. All
this coupled with abolishing income taxes on individuals and corporations --
corporate taxes are simply expenses passed on to the consumer -- and Idaho
would see an economic boom like never before, ceteris paribus (all other
things being equal), as long as the Fed doesn't undermine all this with more
onerous market interventions. Free markets produce wealth; government
intervention produces poverty. In short, Pub Ed is the major economic
culprit draining the life blood out of Idaho and all the other 50 states in
the union, with nothing much to show for our children's education except a
huge dropout rate and a bunch of dummies who are voting for more socialism
and welfare because that's what Pub Ed teaches. By the way, Pub Ed
today IS the ObamaCare of tomorrow. You can clearly see the results of
a future nationalized bankrupt health care system simply by looking at
today's nationalized bankrupt Pub Ed system. In a nutshell, it sucks.
Not only should we End The Fed (the Federal Reserve central bank), we should
also End the Ed.
--
Thur Jan 14 The high death toll of Haitians in their 7.0 earthquake is
the result of a series of predictable related cause-and-effects: (1)
a non-free market infra-structure, thus, (2) the standard paper monetary
system which allows high inflation and poverty, instead of gold, thus, (3) a
nation run by corrupt politicians instead of free market capitalists, thus,
(4) a giant welfare nation of special interest groups taking bribes, thus,
(5), building contractors skimming off project money, leaving out proper
rebar for concrete strength, and paying off building inspectors to lie about
safety, thus, (6) when Mother Nature happens to strike (like this week's 7.0
earthquake), all the buildings collapse and kill hundreds of thousands of
people under the rubble. Welcome to the same cause and effect
scenario inherent in all socialist infra-structure governments from Latin
America to China to all of the other third world nations when state
collectivism with its inherent bribery and corruption replaces free market
capitalism, private professional building codes, and objective law.
The really rotten thing about the Haitian scenario is that on the surface
everything pretended to be safe, mimicking what a true free market with professional
building codes and an objective judicial system would have created, and
thus gave the unsuspecting inhabitants a false sense of safety and security,
having been approved by Da Gumment.
One does not need an earthquake to initiate this same type of state
collectivist cause-and-effect scenario. The U.S. is going through this
very same rotten political process today in its existing and pending
national socialist health care environment. Look at the above scenario
(1) through (6), change the commodity from
buildings to health, and
hesto presto when
a 7.0 viral or other health pandemic hits America, we will get the same
results in health care that Haiti got in its earthquake this week.
Disaster.
Same for Cap and Trade for our energy sector, public education, automobiles, banking,
and on and on in every sector that the Obama socialist administration is
busy trying to nationalize. What's the real problem? The real
problem is the Obama administration's immoral premise of
altruistic state collectivism vs. individual rights. One of
the most important individual rights being destroyed by both the Democrats
and the GOP is the
right to determine one's own medium of economic exchange, i.e. a gold
standard. The fastest way to take down a nation, to implement
"fundamental changes" to a free republic, is to destroy its monetary system,
which is exactly what the Federal Reserve central bankers are doing.
With all the political corruption that has occurred over the past fifty
years in Haiti, we shouldn't be surprised at the death toll from the
collapsed buildings in their 7.0 earthquake. Haiti's building codes of today are America's health care
codes of tomorrow. Both are built upon faulty premises and will
collapse at the first shake, rattle, and roll. And for the same foundational reasons. Thank
you, Papa Doc, and thank you, Barack Obama.
--
Sun Jan 10 Well, la-dee-dah, girl friends. America has adopted a
new national anthem called, "Splurge, Borrow,
Repeat." Yeah, yeah, yeah, I Wanna Hold Your Hand, Mr.
Taxman, Eight Days A Week, cause I need Help Help Help in our country's 2nd
Great Depression. "Splurge, Borrow, Repeat,"
has replaced the Star Spangled Banner's
"Oh, say can you see..." with "I
Just Can't Get No Satisfaction from That Elastic Plastic Virtual Federal Money." Last week, California Governor Arnold Schwarzenliberal tuned up
his Fender guitar, pulled off a Michael Jackson moonwalk on his hands and
knees all the way to Washington DC, and
begged our National Parliament of Whores to bail out California's drunken
spending frenzy with $6.9 billion of the Fed's Pulp Fiction Dollars growing
on cherry trees at the U.S. Empty Treasury. Schwarzenliberal held out
his tin cup for $6.9 billion, a sum he cries in his beer will help close his
state's $21 billion budget gap. Whoa, cow girls, that's 3 times
Idaho's entire state
budget. $6.9 billion! And he ain't alone in his panhandling for
federal money -- which translates to: taxes from all the other 49
states, OR worse, more hyper-inflation from the Federal Reserve. Illinois
has saddled itself with a $4 billion budget shortfall and is singing the
Chicago blues played in dominant 7ths. Same for New York, Michigan, New
Jersey, and the list of drunken state expenditures with money they don't
have goes on and on. Different deficit amounts but same story.
Oh, sob, sob, only the government can save the poor, starving, homeless,
sick, jobless, uneducated, 32 gig iPod-less children, seniors, dogs, cats,
and polar bears. Ho hum, the excuses we put forth to go off the gold
standard, print trillions of non-backed paper money, and create idiotic
bureaucracies to blow the dough is mind-boggling. All in the name of
the philosophy of altruistic state collectivism. Thank you, Ayn Rand.
You may be dead but you were right. Then, there's the federal
deficit: same song, "Splurge, Borrow,
Repeat," a $12 trillion national budget, $10 trillion to $20
trillion in future ObamaCare (if historical budget expansions repeat
themselves), $5 trillion in Fannie and
Freddie mortgage deficits with -- thanks to an unconstitutional move by the
U.S. Treasury and Federal Reserve on Dec 31, 2009 -- no limits on future Fan & Fred mortgage
deficits, $107 trillion in entitlements for Soc Sec and Medicare and
Medicaid, and nobody's talking about the $640 trillion in toxic derivatives
issued by the major Wall Street Banks vis a vis previous Structured Investment
Vehicles, Credit Default Swaps, subprime and Alt-A mortgages, and a host of
other elastic debt instruments (made possible by the Federal Reserve) whose acronyms nobody can even
pronounce if they even ever heard of them outside major banking circles on
Wall Street.
Keynesian Quantitative Economics, the idiotic idea that counterfeited paper
money detached from its hard commodity backing, its promissory note raison d'etre, its securitized capital goods, its collateral, you know, the gold,
dummy, the gold, somehow obtains its value by the sheer act of being printed up
by the Fed.
Upon this oxymoronic basis, this monetary fairytale, rests the fate of our
nation, the fate of our 50 states, the fate of every individual in the
nation. Worst of all, our politicians, from California's Governor
Schwarzenliberal to the 535 members of the U.S. Congress to President Barack
Obama to the Federal Reserve to the U.S. Treasury, have bought off -- hook,
line, and sinker -- into an economic philosophy that could easily be
thoroughly debunked by a 12-year old child in 30 seconds or less.
Namely, you can't print up tons of non-backed paper
money and enrich a nation. Period. In fact, paper
money is not really money. It is a promissory note for real money,
commodity money. For the same basic reason that you can't counterfeit
a million copies of the Pink Slip to your '57 Chevy and distribute them as
money or sell them as T-Bills in the market to enrich or "stimulate" an
economy, you can't print up tons of non-collateralized dollars and expect to
enrich a nation. The entire notion is nonsense. It should be
obvious to Gov Schwarzenliberal and all other politicians that printing up tons of
fake paper money for one state robs all other states through
inflation and/or taxation. Simultaneously robbing Peter to pay Paul,
and Paul to pay Peter, with the Feds acting as The National Robbery Broker
is ridiculous and yet that is our current national policy. The only
result will be that we will end up in a giant
monetary death spiral for all 50 states plus China, the main sucker -- but
not for long -- still buying U.S. T-Bills. Why do we continue to screw
ourselves when a 12-year old child knows the difference between gold and
paper? Politicians do it to retain power. The Fed Reserve
bankers do it to get rich. The stupid "intellectuals" at all our major
universities are busy trying to validate their bankrupt Keynesian Quantitative Economics
by playing what free
market economists call Newtonian Economics. Why Newtonian Economics?
Because the Keynesians erroneously think they can
model subjective human action after the objective laws of physics.
Today's Newtonian -- or Einsteinian -- economists, desperate to prove they
are "legitimate" scientists, have erroneously
dragged the study of subjective human action, economics, into the realm of setting up ridiculous
algebraic equations
that purport to be able to predict relationships between
jobs, growth, employment, trade surpluses and deficits, the future price of
tea in China and why some people like Cabernet while others
like Riesling. But subjective human actions cannot be replaced by
algebraic variables and stuffed into mathematical equations like the
acceleration of gravity or the speed of light in a vacuum. The two
types of intellectual reasoning between subjective economics and objective
physics, I'm talking about their methodology
of reasoning, cannot be transposed into each other, and therein lies the
problem with today's modern Keynesian Quantitative Economists. Simply
put, the basis for Keynesianism is not valid. Period. And,
therefore, neither are the resulting mathematical models, no matter how
clever the differential equations or integrals or statistics or the
heuristics of, say, the Euclidean Symmetrical Traveling Salesman Problem or
Bin Packing Problems lying in the realm of that arcane math science called
Topology. One cannot quantify subjective evaluations of individuals in
the market and assign algebraic variables like scientists do in physics.
Which means the Fed cannot simply plug in nominal values for money because
the value of money itself is a subjective evaluation, valued differently, by
the way, in each exchange process, by the two or more traders involved in
the exchange. Economists make a big mistake by thinking they can
simply shove the nominal value of a dollar into their equations and come up
with anything meaningful -- except, of course historical prices, which makes
Fed Reserve Chiefs Alan Greenspan and Ben Bernanke nothing more than
economic historians who can tell you the historical prices of potatoes but
nothing about future prices of anything. Remember, economics is not
physics. (By the way, an exchange in the market does not take place
because each trader values their commodities equally, but rather because
each values their commodities unequally; that is, unequal -- not equal --
subjective evaluations are what drive market exchanges, including the
creation of the value of real commodity money.) In short, the whole
idea that one can "stimulate" an economy with counterfeited paper dollars or
virtual integers in the bowels of an IBM mainframe is an idiotic premise.
The central bankers know this, or should, but the masses don't. And
that is why uninformed politicians such as Gov. Schwarzenliberal of
California and President Barack Obama of Disneyland continue to pursue their
idiotic policy of asking the Federal Reserve and U.S. Treasury to continue
printing up more and more inflated, meaningless, devaluing, and
rapidly-becoming-worthless dollars. Until the people finally figure
out that paper is not gold, that the methodological premises of economics
does not fall into the same realm of physics, we will continue down our
economic death spiral toward economic, social, and cultural suicide.
We must quickly recognize that the study of economics does not lie within
the same realm of the objective laws of physics and get back to true
individual freedom and free market capitalism. Otherwise,
"Splurge, Borrow, Repeat," until the
locomotive runs off the track, crashes and burns.
--
Sat Jan 09 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."

--
Sat Jan 09
President Barack Obama, Con Artist of the Year, will be driving the U.S.
economy into a massive bankruptcy if his latest two Budget Busters are
enacted: (1) the "Cap & Tax" CO2 Global Warming Bill and (2) His
Majesty's National Health Care Travesty aka ObamaCare. The cost? Oh, not to
worry, it's like, free. Just like it was in Germany's hyper-inflated Weimar Republic
in the 1920s, which then led to the rise of The Third Reich, and ushered in,
dum-da-dum, Adolph Hitler and his National Socialists:
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.
--
Sat Jan 09 Obama's
Health Care Plan

--
Sat Jan 09
"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 Jan 08 The City Council of Sioux City, Iowa who refused to listen
to Deep Throat II, author of Boise's Watergate:
University Place & All The Governor's Men, is now facing several
million dollars in debt owed to them by a more-than-shady California
development firm called Civic Partners. Civic Partners -- referred to
as "Cryptic Partners" in the Boise's Watergate
book -- participated in Boise's failed $136 million University Place fiasco
that started around 1998, involved leading law firms, the firing of
University of Idaho President Bob Hoover and other administrators, and Idaho
politicians all the way up to and including then Governor Dirk Kempthorne.
All-in-all, Cryptic Partners and The Lawyers and Idaho Supreme Court
Justices and others pulled off an unconstitutional end run around the
multiple-year debt laws of Idaho as they formed fake corporations to lease
instead of "buy" property to illegally build a courthouse ($100 million) and
plunge the U. of Idaho and U. of Idaho Foundation into a $136 million
indebtedness in their aborted attempt to expand the U of Idaho from Moscow
into Boise. In total, this was a quarter of a billion dollar scam in
which Cryptic Partners and various political entities from county
commissioners to urban renewal district members to Speaker of the House to
Aunt Tillie's dog stuck their little fly-paper fingers into the public till
to rob the public, or at the very least game the system toward whatever
political direction they wanted. At the same time, Cryptic Partners
dashed off to Sioux City, Iowa and tried to pull off the same stunt, albeit
at only $13 million instead of a quarter of a billion dollars. In
Sioux City, Cryptic pretended to build a Promenade Mall with a theatre
complex -- minus the seats and bathrooms -- as an anchor for other stores
and restaurants which never materialized, except for a recent wedding store.
Astute former state legislator Rep. Ron Nutt informed author Deep Throat II
about the Cryptic Partners scam in Sioux City and tried to warn the Sioux
City council members that the same scheme had just been perpetrated in
Boise, Idaho. Unfortunately, nobody in Sioux City listened -- just
like nobody listened in Boise and many other cities in California in which
Cryptic pulled the same stunt -- until too late. Now, Sioux City who
loaned Cryptic a coupla million smackeroos, the dummies, have not been paid
for over a year, which amounts to a $260,000 default, so far, by Cryptic
Partners. In addition, the Do-Do Birds on the Sioux City council
co-signed for another $2 million to $3 million loan to Cryptic from First
National Bank. How gullible. Total possible loss to the citizens
of Sioux City: could be $3 million to $5 million if Cryptic doesn't
cough up the dough. If history is any indication, Cryptic always ends
up in a long, long court battle and then skips out one way or another.
I hate to tell you folks in Sioux City, although you were warned early on in
the book Boise's Watergate to DON'T DO IT and also by Rep. Ron Nutt on
numerous occasions, but, hey, "I told you so." You can still read all
about this entire fiasco in the humorously written book,
Boise's Watergate: University Place & All The
Governor's Men by author Deep Throat II, obtained here:
(Click on link to Random House Xlibris Bookstore and enjoy.)
U of Idaho
Wallace pleads GUILTY in $136 mil University Place fiasco...

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"
-------------
--
Tue Jan 05 Boise State Broncos whipped the TCU Froggies 17-10 in the
Fiesta Bowl last night. Win Loss Record for the year: 14-0.
Congrats, dudes! Next on the Sports Agenda: World Cup of Soccer
June 2010 in South Africa. U.S. National Team starts off in a Weenie
Group, playing Lower Slobovia, a sure win, then Upper Slobovia, another sure
win, and then I forget who, England, Brazil, or Afghanistan. They will
move into the Quarter Finals and then get their little butts kicked and go
home. Next, sports fans, our Parliament of Whores will pass ObamaCare
in a morass of Bread 'n Circuses legislation, unconstitutional to be sure,
and then Cap n' Tax will fail, and then a majority of Tea Party and
Independent fiscally Conservative candidates (not to be confused with the
Republican Party) will overwhelmingly replace the left Liberal Democrats on
Capitol Hill. The next gladiator sport will be the Elections of 2012
in which "Fundamental Change" Barack Obama will be unceremoniously voted out
of the White House as somebody more fiscally responsible -- such as Sarah
Palin and Rand Paul -- take over the Oval Office and dump all of Obama's
socialist Czars and, hopefully, abolish the Federal Reserve. Will
American be ready to move onto a sound monetary system by then?
Hopefully, then we can have a real free market Fiesta Bowl, guacamole,
chips, and the whole enchilada, mes amies, kind of a mixed metaphor... so
what, it's my column, sports fans...
--
Mon Jan 04 Congress uses Fannie & Freddie as off-balance sheet accounting
counterfeiters to screw over taxpayers. Picture this: in 2008,
the Fed Reserve and Treasury counterfeited and forked over to Fan & Fred
$100 billion each to "bail" them out; in Feb, 2009, the Fed Reserve and
Treasury counterfeited and forked over to F & F $400 billion each to "save"
their sorry asses; in Dec 2009, the Fed Reserve and Treasury totally lifted
the limits on how much they can counterfeit and fork over to Fannie &
Freddie. Happy New Year, taxpayers! What you may not know is
that last quarter, Fannie lost $7.7 billion in loan modifications, up from
$2.2 billion the quarter before. Oh, and the stocks the taxpayers
supposedly own are worthless. "We expect that, for the foreseeable
future, the earnings of the company (Fannie), if any, will not be sufficient
to pay the dividends on the senior preferred stock. As a result,
future dividend payments will be effectively funded from equity drawn from
the Treasury." In plain English, Fannie is saying, "Shoot, man, like
we're broke, and we will be obtaining more counterfeit pulp fiction dollars
from the Treasury until Hell freezes over, you know the U.S. Treasury who,
in turn, gets their booty from the Fed Reserve, dudes, and charges it to the
taxpayer in higher taxes." Yes, higher taxes, and something else you
probably also don't know. Fannie & Freddie's $5 trillion in mortgage
loans do not get counted as part of the U.S. budget or deficit. So we are
further in hock than the CBO, Congress and Prez Obama like to tell us. Thank
you, Barney Frank, house appropriations chair, who started this whole mess
with, I see nothing wrong with the economy so let's
"roll the dice" on subsidies for affordable housing. Oh,
and let's also not forget that Fannie CEO Michael Williams and Freddie Head
Crook Ed Haldeman just got big raises: $6 million annually. Wow!
Where's Obama's Pay Czar when you need him? Oops, that right. Fan & Fred are
EXEMPT from the pay raise rules now being applied to the TARP recipient
banks. Gosh geewillikers, isn't it wonderful how socialist President Barack Obama and his Economic Village Idiots are spreading counterfeit pulp
fiction dollars all over the bankrupt housing market to stimulate the
economy? You know, to help the poor obtain affordable homes at
affordable prices... and all that crap...
----------
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
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
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 2nd 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
----------
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 21st 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)

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...
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...
(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?

Latest!!
Feb 26, 2009: Timmy, Larry and Benny are Lost in the Fiscal Wilderness - by
Roger Wiegand
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Alert: Gold Backwardation!!! - by Antal Fekete
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24, 2008: The gold standard strikes back - by Antal Fekete
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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
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21, 2008: Hyperinflationary Depression
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27, 2008: Gold is Going to the Moon
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20, 2008: Cliff Notes on Financial Maelstrom
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26, 2007: Our Diseased Monetary Bloodstream
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Nov 14, 2007:
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Oct 11, 2007: Hyperinflation Will Blow the Economic Doors Off
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21, 2007: Congressman Ron Paul's Economic Report
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The
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Jul
26, 2006: Federal Reserve Follies: What Really Started the Great Depression
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Dec
2005: New Fed Chairman "Crash & Bernanke" Confuses Depression Cure with
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Citizens Against Government
Waste
Who's
the Federal Porker of the Month?
----------
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
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