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Historical Quack Offs
Quack Off
by Free Market Duck
Our World
Balances On a Sea of Debt
Mar 06, 2010
by
Darius Guppy
“The banks that control the world’s supply of money are no better than
counterfeiters – and their systems of juggling debt have left the global
economy teetering on the brink of ruin.”
--
Darius Guppy, convicted Dutch counterfeiter
The following article aptly describes how fractional reserve banking is
simply another form of counterfeiting, pointing out the conceptual
difference between (1) real money and (2) a paper receipt for real money.
Then as the counterfeiting by fractional reserve bankers grows
exponentially, as it must, the central bankers – witness former Federal
Reserve Chief Alan Greenspan as he embraces the erroneous concept that he
can impute value to paper money per se -- start believing in their own
monetary lies and create even more complicated counterfeit investment
vehicles backed by nothing but hot air, such as fake mortgage-backed
securities, collateralized debt obligations based upon non-collateralized
future daydreams, and then gambling pieces of paper called Credit Default
Swaps whose clever function consists of betting against the
previously-created fractional reserve derivatives. That’s like a
counterfeiter soliciting bets that the cops will soon catch him at his
counterfeiting activities, in order to mitigate his losses. So, the
investment bankers at Goldman Sachs who sit on the board of Governors of the
Fed Reserve sell fractional reserve hedge fund derivatives to clients while
down the hall they short their clients’ very same hedge funds with Credit
Default Swaps, betting that their hedge funds will fail. That’s worse than
prostitutes who only make their money going in; the bankers make their money
both going in and pulling it out, shorting their own hedge funds. This
continues until they can’t keep it up any longer and the market crashes and
burns. Not to worry. It’s called a Recession, then a Depression
as everybody points fingers at everybody else and the bankers blame it on a
“systemic risk,” or the U.S. Congress who is also participating in this
monetary gang bang, or the vagaries of a non-existent free market capitalism, or a
mysterious virus from Mars.
– FM Duck
“If I could counterfeit the Pink Slip to my ’57 Chevy and sell a million
copies to the suckers in my neighborhood for $1,000 each, while replacing
the words
’This is to Certify that There Exists One ’57 Chevy on Deposit at FM Duck’s
Warehouse Payable to the Bearer of This Note on Demand’
to
’Virtual Non-Existent Car,’
I could make a fortune. And that’s exactly what the Federal Reserve is
doing with fractional reserve banking of the U.S. Dollar and going off the
gold standard.”
– FM Duck
Netherlands,
Europe – In 1994, there resided in the cell next to mine a certain “Tommy”.
He had been imprisoned for counterfeiting Dutch Guilders to such a high
standard that he had fooled the banks themselves.
As was
customary among prisoners who became friends, Tommy allowed me to read his
legal papers and I became fascinated by the judge’s sentencing speech, the
gist of which was that his activities had been parasitical. By creating
money out of thin air he had reduced the purchasing power of more deserving
members of society. What would happen if everyone behaved like him?
I thought
of arguments used, in a different context, regarding inflation. Like
counterfeiting, it dilutes the value of the community’s wealth and
constitutes a social evil. Creating too much money – “real” or “fake” – can
wreck an economy. Such was the Nazis’ reasoning when they planned to ruin
Britain’s economy by flooding the country with near-perfect counterfeit
bills.
A lot of
nonsense has been written about the world’s current economic woes – about
how the crash is the fault solely of the banks and, by implication,
governments are blameless; and how it could all have been avoided, and can
be put right, by greater financial regulation.
It is a
classic example of what the philosopher Alasdair MacIntyre terms “the
fallacy of managerial expertise”: an attempt by “experts” to blind us with
science to justify their overpaid existences and mask their confusion. After
all, not one of them was able to predict the current debacle.
These
“experts” will tell you that the present difficulties are simply the result
of abuses and excesses in a system that is basically sound. All that is
required is for some faults to be corrected. Do not believe them. The
reality is that the problem is systemic and a little tinkering here or there
will achieve nothing in the long term.
What is
needed is a root-and-branch re‑evaluation of that most curious of cultural
inventions, money: how it is created, how it circulates, and how it can best
be used to serve the interests of the community.
To begin,
the experts must explain in the simplest terms how money actually works.
Were one to ask the man on the street – or, indeed, most politicians and
bankers – who creates the money that rules our lives they would reply “the
State”. They would be wrong. It is true that governments create legal tender
– the physical notes and coins that circulate in an economy – but that
represents, at its highest, only 3 per cent of the total money in
circulation in the global economy. It is the commercial banks, largely
unaccountable and privately owned, that create the world’s money.
Indeed,
even if Tommy were responsible for printing every note in circulation
throughout the world his power to dilute the rest of our wealth would amount
to only a tiny fraction of that of the real manufacturers of money. His
activities and the activities of the bankers are, in essence, identical: the
creation of money out of nothing.
Without
knowing it, therefore, Tommy’s judge punished him for usurping not so much
the role of the State as the role of the banks. The same mistake – the mis-identification
of where money truly originates – has been made by virtually all of our
politicians, economists and financial commentators.
Consider
the contradiction at the heart of neo-liberal, monetarist economics that has
constituted the Western orthodoxy for the past few decades: to emphasise on
the one hand that the money supply should be brought under control while
simultaneously allowing banking – where the money is actually manufactured –
to run riot.
To grasp
how the global fraud works we need to step back in time and imagine
ourselves next to the original goldsmith-banker.
In his
vault, 10 of his customers each deposit a bar of gold weighing 1 kilogram –
for safekeeping and in the hope of a return. Our banker lends the 10 gold
bars to other customers, who embark on profitable ventures that generate a
surplus. The vault now contains 11 gold bars, out of which our banker can
pay his depositors and himself a reasonable return.
Our banker
soon questions the wisdom of keeping all the gold bars in his vault. He
creates a token that will represent a given quantity of the gold either in
his own vault or held to his account at some giant, more secure vault. Such
a token can then be exchanged within the economy. Historians credit one of
the first examples of such an instrument – the cheque – to the Knights
Templar, allowing a pilgrim to cash a cheque drawn on a European preceptory
at a Templar branch in the Holy Land.
So far, so
good – as long as, for the face value of each of the pieces of paper in
circulation, there exists a corresponding amount of gold sitting in a vault
somewhere in the real world.
However,
it is at this point that something wondrous and diabolical occurs. For
experience has taught our banker that the bearers of the pieces of paper
that they have created rarely attempt en masse to claim the gold their paper
represents.
Our banker
reasons: “So long as the pieces of paper that my friends and I have put into
circulation are not encashed simultaneously then it is academic how many we
create.”
The
crucial part of the scheme is to create a culture of confidence. The bearers
of our pieces of paper must feel secure about our ability to convert their
paper back into gold, or real wealth.
The beauty
of the scheme is that instead of earning interest on a single piece of paper
our banker can earn interest on 10 such pieces of paper. Moreover, while
charging interest on these 10 pieces of paper, he has only to pay out a
reduced rate of interest on the single gold bar that has been deposited with
him.
And this
is exactly what happens.
Currently,
the average fractional reserve requirements for banks amount to under 10 per
cent, which means that for every dollar the banks have on deposit they can
lend out at least 10 such dollars – virtual dollars summoned from nowhere –
on which they charge interest.
Yet this
fact – the key to understanding how the international financial system
operates and why the world is in such a mess – is discussed virtually
nowhere in mainstream circles.
Governments do not control the single most important mechanism when it comes
to their economies: the production and distribution of money. That role has
been diverted to the banks, which manufacture money out of nothing and
charge interest on that conjured-up money. Beyond an interest rate cut or a
token change in VAT rates our politicians have no real power to direct their
country’s economy.
The
picture has become a great deal more complicated. Soon pieces of paper are
no longer required and instead entries on a bank’s ledger will suffice.
Eventually, a further layer of virtuality is added when computers emerge and
with them credits in cyberspace. Likewise all sorts of financial instruments
and “products” are devised by the experts – collateralized mortgage
obligations, put and call options, floating rate notes, preference shares,
convertible bonds, semi-convertible bonds and endless other “derivatives” –
but in essence they are mere variations of the same basic three‑card trick.
Moreover,
the illusion becomes self-reinforcing. Those involved in the process,
sitting behind their computer screens, no longer control the beast they have
created.
Now, it
may be argued that while it is true that money is manufactured in the manner
I have described – in other words by creating loans to the banks’ clients –
surely just as much money is destroyed every time a loan is repaid? This is
true to an extent. However, the point to be grasped is that while money is
indeed created and destroyed in vast amounts every second of the day, the
interest on that money remains un-destroyed and accumulates within the
system – and at a compounded rate, moreover.
The
process is far more inflationary and parasitical than the activities of all
the Tommys in the world put together. For while that money, which by now has
mutated into a vast monster of mutual indebtedness, grows exponentially, the
wealth it is supposed to represent cannot grow at the same pace for very
long. While there is no limit to the number of zeros we can create on a
computer, there is a limit to the amount of oil in the ground, the wheat in
the fields and the livestock in our farms.
Capitalism, banking and growth become inseparable, but logic dictates that
the virtual economy must eventually peel away from the real one and sooner
or later the day of reckoning arrives – when the gulf separating these two
economies is too large to be sustained – for no power on earth can match the
power of compound interest in the ether.
Consider
the tale of the Chinese emperor and his chess opponent. The emperor asks
what reward would satisfy him if he wins; the opponent replies that a single
grain of wheat, doubled for each of the 64 squares on the chess board, would
suffice. The emperor, imagining that he has a good deal, loses, only to
learn that he now owes his adversary the equivalent of 2,000 times the
current annual worldwide production of wheat.
Such are
the miracles of compound growth; and the reason why financiers have been
able to award themselves astronomical sums. For their virtual printing
presses are calibrated to an exponential production while no such
calibration applies to Mother Earth.
Frederick
Soddy, the 1921 winner of a Nobel Prize for chemistry (not economics), was
among the first to articulate the mechanism by which money is created by the
banks and how it mutates into debt. His arguments have been developed by
thinkers such as Herman Daly and Richard Douthwaite.
The
reasoning can be extended to cover the financial sector as a whole. A
company makes a certain profit; a multiple of many times can be applied to
that figure to arrive at a “value” for the company – based on the assumption
of future growth. That value can then be leveraged yet further for it to
raise debt against its share price and so on. Such super-ovulation can mean
that a single company with nothing more than an idea to be applied to the
internet can create yet more tokens – share certificates – worth several
times the entire annual production of diamonds for the continent of Africa,
a process known, retrospectively, as the dotcom bubble.
It
constitutes a redistribution mechanism from the poor to the rich – which is
precisely why the banks and Western governments are so desperate to ensure
its survival.
Money
breeds more money. Indeed, the banks never really want their loans to be
repaid. So long as the interest is funded it is to their benefit for the
capital to remain outstanding on their books as “assets” and for the debts
to be rolled over. Every time the IMF or World Bank extends a line of credit
to some impoverished nation, are they being “charitable” or simply
perpetuating the enslavement?
But the
system relies entirely, as do all Ponzi schemes, on the assumption of
continued growth, hence its inherent instability. Once that growth is
threatened the edifice collapses. Householders in Britain will appreciate
such a phenomenon only too well: put up 10 per cent for a property and
borrow the rest from the bank. That property’s value need rise by only 10
per cent and you have doubled your equity; if it falls by only 10 per cent
you are wiped out.
This
explains why a contraction of a mere 2 or 3 per cent in the global economy
leads not to a correspondingly minute fall on international stock markets,
but to financial Armageddon.
Likewise
with the banks – lend 10 times more money than you possess and when the
economy grows, or at least pretends to grow, it’s Porsches galore, but when
the lack of growth is exposed it requires only 11 per cent of the loans on
your books (in value terms) to be bad and you are bust. The truth is not
that these institutions have suddenly become insolvent but that they were
never really solvent in the first place. By rolling over their debts they
have been able to keep them on their books as “assets” rather than losses
and forestall the evil hour.
There is a
name for this – “usury” – and our predecessors from the ancient and medieval
worlds appear to have appreciated much better than us its ultimate
destination: ruin.
It is a
simple and devastatingly effective swindle, but largely invisible because it
has become so deeply embedded in our culture. The consequences of that
swindle – the desperate need for economic growth; the environmental and
cultural despoliation it engenders – requires some radical thinking one
encounters nowhere in any of today’s political parties.
(Note by FM Duck: and what’s true in European
politics and central banking is equally true for American politics and
central banking.) – FM Duck
Historical
Quack-Offs:
Misc:
02-17-2010
Wall Street's Bailout Hustle…
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02-10-2010
European Central Bankers
Poised to Take Over Europe…
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02-05-2010
Secret Banking Cabal Emerges
From AIG Shadows…
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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…
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12-07-2009
How Big is a Trillion
Dollars?
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12-02-2009
Boise Trolley Folly DOES
Justify Legislative Intervention
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11-06-2009
Federal Reserve to Switch to New
"Scratch 'N Sniff" Currency
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10-27-2009
New Government Health Care
Plan Struggling to Find "Single Payer" Name
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10-26-2009
Jesus appoints Obama as
"Associate Christ"
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09-23-2009
Has Congress become an
anachronism?
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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?”
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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.”
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09-8-2009
"Obama's speech to schools:
what civics lesson will parents teach their kids?”
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09-1-2009
Ted Kennedy: "Lion of the
Senate" or Drunken Homicide at Chappaquiddick?
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08-14-2009
Two Governors Bankrupt
Idaho's Highways, or Who let the GARVEE bonds out?
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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
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08-05-2009
Off Balance Sheet, Out of
Mind More...
07-23-2009
National Health Care is
illogical
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07-09-2009
The Fed Must Be Stopped
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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
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06-12-2009
Idaho
Statesman supports spending $65 million of federal stimulus booty for Boise
Trolley Cars
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05-31-2009
Idaho Statesman thinks
socialist economics can enrich economy and create Idaho jobs
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05-05-2009
The Idaho Transportation
Solution
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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
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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
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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”
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12-14-2008
Did U.S. Attorney Fitzgerald
jump the gun in premature arrest of Gov. Blagojevich?
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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
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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
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09-11-2008
Weekend at
Fannie's
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09-08-2008
Idaho
Statesman pushes Fascist Business Model as “Vision for the Valley”
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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
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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
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08-23-2008
Idaho stockpiles $500
million to $1 billion tax surplus on top of last year's $224 million
surplus?
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08-19-2008
Washington politicians
lie about true size of budget deficit
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08-12-2008
Corporate Welfare
Alive and Well in Idaho
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08-01-2008
"Covered Bonds" new
mortgage gimmick by "Banksta Gangsta" Treasury Sec Hank Paulson
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07-17-2008
History of Fannie Mae
and Freddie Mac reveal gross corruption, fundamental flaws
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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
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06-23-2008
Idaho Supreme Court
enforces socialist health care law…
Taxpayers must cough up $187,000 for illegal immigrant’s heart attack
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06-04-2008
Obama-Clinton
“nightmare ticket” promises to drag U.S. down the road to serfdom via
Marxist socialism
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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
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05-23-2008
Global Monetary Recap
- 1944 to 2008
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05-21-2008
Kempthorne Hugs Polar
Bears,
Bankrupts America
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05-16-2008
Yeah, Kempthorne,
"Cough up" those gubernatorial records, will ya?
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05-11-2008
Idaho: nuclear
waste dump of America
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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
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03-13-2008
Revised
Idaho Grocery Tax Rebate to
equal 9/10 of 1% of your grocery bill?... Ooooh, Whoop-tee-doo, Governor
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03-03-2008
Idaho Grocery Tax Rebate to
equal 3/10 of 1% of your grocery bill?... Ooooh, Whoop-tee-doo, Governor
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02-22-2008
Idaho Legies create
Perfect Storm: yellowcake plus Yellowstone plus Snake Plain Aquifer equals
radioactive Super Volcanic blast
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02-14-2008
Parliament of Whores
admonishes one of their own
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02-10-2008
Anybody Seen Our Gold?
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02-06-2008
(Updated 02-14-2008)
GOP and
Liberal Disconnected Thought Globs (DTGs)
dominate 2008 presidential debates
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01-31-2008
Earmarks for Idaho are
good but earmarks for Alaska are bad, says Idaho Statesman
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01-29-2008
Osama to
visit Boise on Saturday
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01-28-2008
Smoke 'n Mirrors Economic Stimulus Package: $600 for you, $730,000 for
Fannie Mae & Freddie Mac
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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
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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...
03-19-2007
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...
11-01-2006
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...
WALL STREET JOURNAL
PHYSICS READERS ARGUE BIG BANG THEORY
More...
PROP 1: IDAHO TEACHERS'
UNION EARMARKS 1% OF SALES TAX FOR ITSELF
More...
ANTI-GAY MARRIAGE
AMENDMENT UNCONSTITUTIONAL
More...
DOES UNIVERSITY PLACE'S
SECRET CIVIL SETTLEMENT CONSTITUTE A "BURYING OF PUBLIC INFO?"
More...
WSJ THINKS FUNCTION OF
FED RESERVE IS "MAINTAINING AN OVERALL STABLE PRICE LEVEL"
More...
IDAHO LEADS WORLD IN "FAT
PILL" PRODUCTION
More...
ARE IDAHO'S "RAINY DAY
FUNDS" UNCONSTITUTIONAL?
More...
FEDERALIST PAPERS DO NOT
GRANT WARRANT-LESS SEARCHES OR CARTE BLANCHE WIRE TAPPING TO PRESIDENT
More...
BODO DEVELOPER PROPOSES
BOISE'S WATERGATE METHOD TO RIP DOWN, REBUILD BOISE'S MAIN LIBRARY
More...
IDAHO BAPTISTS LAUNCH
MISSILES AGAINST CALIFORNIA CATHOLICS?
More...
BOISE NEEDS A DRUG CZAR
LIKE IT NEEDS A SNICKER-DOODLE CZAR
More...
BILLIONAIRES WARREN
BUFFET AND BILL GATES FALL ILL TO SOCIALIST PHILOSOPHY
More...
10 REASONS WHY IDAHO
GOVERNOR KEMPTHORNE SHOULD NOT BE CONFIRMED AS SECRETARY OF THE INTERIOR
More...
IS IT SIMPLY LA CAGE AUX FOLLES AT THE
KEMPTHORNE CONFIRMATION HEARING OR WILL SOMEBODY ASK A REAL QUESTION?
More...
U.S. CONSTITUTION DECLARED
UNCONSTITUTIONAL... NOT SIGNED BY ITS AUTHORS, OR ANYONE ELSE
More...
IDAHO TEACHERS' UNION PUSHES INITIATIVE FOR
GUARANTEED ANNUAL INCOME BY EARMARKING 1% OF SALES TAX FOR ITSELF
More...
IDAHO SUPREME COURT FLUNKS CIVICS TEST
More...
UNIVERSITY PLACE PERPS AGREE TO NOT SUE
THEMSELVES...PAY EACH OTHER $8.3 MILLION...CRYPTIC PARTNERS REMAINS AS
POSSIBLE 'FALL GUY' -- PART II
More...
UNIVERSITY PLACE PERPS AGREE TO NOT SUE
THEMSELVES...PAY EACH OTHER $8.3 MILLION...CRYPTIC PARTNERS REMAINS AS
POSSIBLE 'FALL GUY' -- PART I
More...
JFAC GIVES BLANK CHECK FOR GOVERNOR
KEMPTHORNE'S HIGHWAY ROBBERY
More...
BOISE'S WATERGATE GOES TO
WASHINGTON...GOVERNOR KEMPTHORNE NOMINATED AS SECRETARY OF INTERIOR
More...
IS IDAHO'S $3 BILLION
GARVEE HIGHWAY DEBT UNCONSTITUTIONAL? More...
WHY IDAHO'S ANTI-GAY
MARRIAGE AMENDMENT IS PRETENDED LAW -- PART II
More...
WHY IDAHO'S ANTI-GAY
MARRIAGE AMENDMENT IS PRETENDED LAW -- PART I
More...
WHY WE DON'T NEED
PROPERTY TAXES -- PART II More...
WHY WE DON'T NEED
PROPERTY TAXES -- PART I More...
BOISE RESIDENTS PAY 10-12
TIMES AS MUCH IN "M & O" SCHOOL PROPERTY TAXES AS MERIDIAN FOR SAME NUMBER
OF STUDENTS More...
SHOULD IDAHO ABOLISH
PROPERTY TAXES AND IMPLEMENT A FLAT SALES TAX?
More...
WHY WE DON'T NEED FEMA OR
BOISE'S "BLUEPRINT FOR GOOD GROWTH
More...
DID JAPANESE MAFIA STEER
HURRICANE KATRINA DOWN BOURBON STREET FOR FUN AND PROFIT...OR REVENGE?
More...
GOV KEMPTHORNE IS NOT OUR
"CEO" More...
EAST PARK CENTER BRIDGE
IS A JOKE More...
WILL "BLUEPRINT FOR GOOD
GROWTH" MORPH INTO BOISE TROLLY GATE?
More...
BIRTH: NATURE'S
TRANSFER OF PRIVATE PROPERTY RIGHTS
More...
WHOSE COLLECTIVE RIGHTS?
More...
IS MICRON WHINING FOR
CORPORATE WELFARE OR DEMANDING FREE MARKET CAPITALISM?
More...
CATHOLICISM IN LATIN
AMERICA MORPHS INTO SOCIALISM
More...
OIL COMPANIES TURN EARTH INTO GIANT CO2
SODA POP BOTTLES
More...
SEX IS ILLEGAL IN IDAHO?
More...
IN DEFENSE OF THE WOMAN
More...
AMERICA'S INTELLECTUAL
HIERARCHY
More...
EATS, SHOOTS & LEAVES More...
ANTI-GAY MARRIAGE:
THE STATE VS. THE INDIVIDUAL More...
TAX RATES ARE NOT THE SAME AS TAX BURDENS
More...
DEFICIT FARMING
More...
IRS AUDIT MICKEY MOUSE,
FILES CRIMINAL CHARGES
More...
PHILOSOPHY RULES, SCIENCE DROOLS
More...
NEW ENERGY SOURCE DISCOVERED IN
WASHINGTON DC
OIL STOCKS PLUNGE More...
STATUE OF LIBERTY SHOE SIZE,
WOMEN'S 879
More...
U.S. PRISON POPULATION SOARS,
TOOTHBRUSH INDUSTRIAL COMPLEX PROSPERS
More...
Church and State:
GRAND INQUISITOR VISITS AUSCHWITZ
More...
KING TUT GRANTS CEASE FIRE FOR DECEMBER HOLY MONTH
INTERMISSION ALLOWS BOTH ARMIES TO ORDER FAST FOOD
More...
FED
NATIONALIZES CHOCOLATE ICE CREAM CONES
KIDS CAN'T LICK CONES ON CHURCH PROPERTY
More...
RELIGIOUS DISCOVERY: MUHAMMAD BORN IN SHANGHAI
MID EAST WAR SHIFTS TO CHINA
More...
FATHER FLANAGAN RAPES 25,000
CHILDREN OVER 30-YEAR SPAN, CLAIMS AMNESIA
More...
School and State:
SANTA 'CLAUSE' SHOWS UP TO SAVE FLORIDA'S TEACHERS' UNION
More...
ETHNOMATHEMATICS
More...
WHY JOHNNY CAN'T READ
More...
EVOLUTION OF MATH INSTRUCTION IN CALIFORNIA PUBLIC SCHOOLS
More...
O’CONNOR REAFFIRMS Step ‘n Fetch it IN PUBLIC SCHOOLS
More...
STUDENT WINS NATIONAL SPELLING BEE; SPELLS “CHRISTMAS” WITH
AN ‘X’
More...
STATE GROCERY STORES
More...
PRO-CHOICE FREE MARKET SCHOOLS
More...
EDUCATION TAXES
More...
Health and State:
12-31-2005
Does surgery for cancer cause more
cancer?
More...
FAT IDAHO
More...
IDAHO'S LOOMING FAKE
HEALTH CARE "CRISIS"
More...
WHEN GOOD CELLS GO BAD
More...
PRO-CHOICE CANCER
TREATMENT
More...
Money and the Federal Reserve:
THE FUZZY MATH OF U.S. COINAGE
More...
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