Commentary  &  Opinion 

     Quack Off    

by Free Market Duck

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

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.

--  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.

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

--  Sun Feb 07 

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

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

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

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

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

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

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

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

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

--  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...

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

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

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

What they're saying about Boise's Watergate:

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

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

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

     Table of Contents    

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

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

--  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

New Revised Edition, 112 pgs., $11.95

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

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

    Previous National News   

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

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

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

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

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

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

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

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

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

Has Congress become an anachronism?
Sep 23, 2009

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

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

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

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

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

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

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

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

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

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

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

   Fast forward to today, year 2009.

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

   As a result,  More...

Obama slaps tariff on cheap foreign moonlight
Sep 15, 2009

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

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

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

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

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

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

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

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

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

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

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

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

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

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

A Brief Comparison of Political Systems
Apr 12, 2009

Freedom Chart (click)
by
Rick Graber

----------

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

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

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

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

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

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

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

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

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

   Really?

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

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

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

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

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

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

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

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

GM Bailout Plot Thickens
(Oct 30, 2008)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

   Last weekend, while working overtime in  More...

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

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

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

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

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

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

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

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

Washington, DC – Public Letter of Admonition:

Dear Senator Craig (R-Idaho):

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

Specifically:

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

Anybody Seen Our Gold?

(Feb 10, 2008)

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

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

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

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

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

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

Washington, DC – Has everybody gone insane?

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

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

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

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

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

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

   Really?  I’m shocked.

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

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

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

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

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

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

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

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

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

   But wait.  More...

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

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

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

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

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

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

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

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

   The answer:  nothing.

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

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

Conflict of interest?

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

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

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

      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...

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

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

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

Sung to Dire Strait’s “Money for Nothing”

I… want… my… ATM…

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

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

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

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

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

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

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

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

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

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

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

And your checks for free.

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

new lyrics ©2008-2010 FM Duck

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

 Investing in Gold?

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

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

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

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

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

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

Apr 21, 2008: Hyperinflationary Depression - by Howard Ruff

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

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

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

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

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

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

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

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

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

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

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

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

The Future of Gold as Money - by Nelson Hultberg

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

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

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

Citizens Against Government Waste

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

Americans For a Free Republic

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

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

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

 Spotlight On:

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

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

       Local News      

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

   Huh?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

   Let me explain.

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

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

   How?

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

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

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

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

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

A Tale of Two Highways

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

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

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

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

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

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

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

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