Posts tagged big government

7 Crazy Ideas Janet Yellen Did Not Mention, But Waiting in The Wings

0

 

Source: http://www.againstcronycapitalism.org

By

7 Crazy Ideas Janet Yellen Did Not Mention, But Waiting in The Wings

 

Fed-cc6

In her speech at the New York Economic Club on Wednesday, Janet Yellen said it is “quite plausible” the economy will reach full employment in a couple of years with just the right amount of inflation, which to her mind means 2% a year.

If the economy surprises her, the Fed will “systematically respond to unforeseen economic developments.” But what exactly does this mean? How will the Fed respond?

The Fed has already made loans available to New York and foreign banks at negative real interest rates and created trillions of new dollars—all without support from either history or theory. What other steps could follow?

Here are a few of the radical ideas floating around the halls of the Fed and associated Keynesian economics departments:

1. Take a leaf from Japan by forcing banks to lend in return for Fed support.

2. Require banks to charge negative interest. This means that depositors would lose money if not used. Ms. Yellen voiced support for this idea in 2010. Some supporters of NIPR (negative interest rate policy) would like to eliminate cash entirely, because electronic money is more easily controlled.

3. Hold interest rates down but simultaneously drive inflation up to as much as 5-6%. With real interest rates at negative 5%, borrowing will soar. What isn’t clear in this scenario is why lenders will want to lend, but this idea is supported by leading lights of the Harvard economics department, and let’s not let reality intrude.

4. Create even more money and use it to buy corporate bonds, stocks, real estate, anything that can be bought, which will flood the economy with money.

Some of the ideas waiting in the wings are not monetary. They include:

5. The government should set an annual borrowing target for the economy. If it isn’t being met by the private sector, government will itself step in and borrow to achieve the target. In this proposal, it doesn’t really matter how the borrowing is used. Quantity, not quality, of spending and investment is all that counts.

6. The government should issue bonds that will never be repaid. Not simply replaced with new bonds as at present—never repaid ever.

7. Employers should have to seek government permission to lay off or fire a worker. This idea of Paul Krugman’s is already true to a large degree in France, with the result that employers are very reluctant to hire anyone.

What all these Keynesian ideas have in common is the belief that a crash caused by too much bad debt can be cured by more debt. They also assume that the very government price controls and manipulations that have caused massive unemployment can be used to undo the damage.

Unfortunately these are precisely the ideas guiding Janet Yellen and the other Keynesian PhD’s guiding world economic policy today.

 


Hunter Lewis
About Hunter Lewis

Hunter Lewis is co-founder of AgainstCronyCapitalism.org. He is co-founder and former CEO of global investment firm Cambridge Associates, LLC and author of 8 books on moral philosophy, psychology, and economics, including the widely acclaimed Are the Rich Necessary? (“Highly provocative and highly pleasurable.”—New York Times) He has contributed to the New York Times, the Times of London, the Washing­ton Post, and the Atlantic Monthly, as well as numerous websites such as Breitbart.com, Forbes.com, Fox.com, and RealClearMarkets.com. His most recent books are Crony Capitalism in America: 2008–2012, Free Prices Now! Fixing the Economy by Abolishing the Fed, and Where Keynes Went Wrong: And Why Governments Keep Creating Inflation, Bubbles, and Busts. He has served on boards and committees of fifteen leading not-for-profit organizations, including environmental, teaching, research, and cultural and global development organizations, as well as the World Bank.

The most recent book by Hunter Lewis:

Image credit: http://www.againstcronycapitalism.org

 

Michael Ruppert Dead of Apparent Suicide

0

 

Michael Ruppert Dead of Apparent Suicide

 

Next News Network video capture

Next News Network video capture

 

YouTube Preview Image

Published by NextNewsNetwork

Published on Apr 15, 2014

Michael Ruppert, author and former Los Angles Department officer, is dead of an apparent suicide.

He also appeared in several documentaries, Speaking about peak oil and abuses of government. He is best known for appearing in America: Freedom to Fascism. Ruppert was also an advocate for moving away from a fossil fuel economy.

The investigative journalist appeared at a Los Angeles high school, where John Deutch, then director of central intelligence, was speaking. He confronted the agency head, telling the crowd he had first-hand evidence of government complicity in drug smuggling. Deutch handled the confrontation poorly, and was removed from his post. Many political observers believe questioning by the journalist cost the intelligence director an appointment to become secretary of defense.

In 1992, People Magazine wrote “[I]n the course of investigations in the mid 70′s he came across information that the CIA was trading drugs in order to fund covert operations in the Middle East… [Ross] Perot called him back to offer encouragement… Ruppert says that his main objective is to see that the country gets a leader worthy of its people. Even for Ross Perot those will be tough shoes to fill.”

Ruppert was recently found dead, and authorities are stating he commited suicide.

The 63 year old was born in Washington DC, and attended the University of California. Three of his books investigating the events of 9-11 became best sellers.

Ruppert was also the publisher of From the Wilderness, a political newsletter read by people in 50 nations. More than 60 members of Congress subscribe to the publication.

Little reliable information is available so far, and followers of Ruppert are sharing speculations about the reason behind his death.

Ruppert was criticized for his claims about the government bringing drugs into the United States. But, recent evidence proved his statements to be accurate.

The investigative journalist was founder of the Collapse Network, which works to raise awareness about peak oil, and the decline of oil reserves.

http://www.fromthewilderness.com/abou…

http://www.collapsenet.com/free-resou…

Do you know where your 2014 taxes will go?

0

 

Source: http://www.againstcronycapitalism.org

By

Do you know where your 2014 taxes will go?

Well, here’s an amazing infographic which breaks it out beautifully*

 

This graphic comes out every year and I still find it fascinating. (And depressing.)

 

Click on the graphic for a much larger version.

* A very important note on this graphic – It doesn’t break out Social Security (the largest federal outlay, paid through payroll taxes) Medicaid, or Medicare which are all much larger than anything listed here. Still the detail on the discretionary budget is valuable.

 

death-and-taxes-infographic-cc-565x377

Early Lessons of Bunkerville

0

 

Source: https://www.lewrockwell.com

By

Early Lessons of Bunkerville

 

The rush and rapidity of events in Bunkerville, Nevada surprised and cheered many, and there is a lot to learn from this case.

It’s too soon to know the long-term impact of people standing up against armed federales last week, but here are some early takeaways.

karen-head-shot-bench-264x300

Karen Kwiatkowski

Location matters.  This insurrection, brought on by federal government arrogance and greed, happened in part because people could get there, physically and intellectually.  Wide open rangeland (for hardy cattle and 100 year old turtles) physically and visually juxtaposed with the artificial stupidity of “free speech zones,” domesticated citizens penned in by red government tape, tell a story without words, history lessons, or politics.   The imagery brings to mind the words of one of my favorite heroes, “[T]he truth is, there is something terribly wrong with this country, isn’t there? Cruelty and injustice, intolerance and oppression. And where once you had the freedom to object, to think and speak as you saw fit, you now have censors and systems of surveillance coercing your conformity and soliciting your submission.”

Sifters like Drudge and Alex Jones are of enormous value in the struggle for human liberty.  I use Jeff Deist’s phraseology here because it is so perfect.  These market-driven and individualist information selectors, empowered by the low cost of the Internet and its associated technology, shared information in real time, live-streaming government actions and reactions, while providing the needed context of history, politics, economics, religion and culture, directly to people, not through their unions, their political parties, or their employers or their churches.  The search for the “truth” can be activated and shared across state lines and political party prejudice.  With timely information and honest context, government missteps and abuse can captivate and compel and even organize instant armies.

Sparks cause fires, and fires can radically change landscapes.  But the humble spark that invites sympathy may be more powerful than other even more deserving sparks.  Who doesn’t love family farmers, dogies on the range, and even a poor mistreated turtle?  The lockdown of Boston a year ago was highly offensive, illegal in any constitutional sense, and chock-full of federalized law enforcement excess and abuse.  Actual truth about every aspect of the backpack bombers has proven hard to get, to this day.  Yet, because the government abuse was presented as justified, and was delivered with shock and awe, it succeeded as a practice run for Any City, USA.  The thousands of innocent citizens in Boston who had their rights abused were also faceless and unsympathetic.  Apparently, no puppies or kittens were harmed during the collective violation of their owners.  Contrast this to what the feds did and intended to do to the Bundy family and their cows and calves.  Property lines mattered, the victims had faces, children and traditions, and innocent mothers, children and cattle were caught in the threatened crossfire.  The turtle situation also mattered, as news about how the government really treats endangered species boiled and bubbled across the Internet.  The favor-trading and rent-seeking of state and federal politicians and their financiers were also exposed.  The facts conspired to reveal the face of evil in the bland spineless government officials, in steely-eyed government snipers targeting unarmed Americans should they step out of line, in jackbooted government thugs and their machines itching for total dominance.

Simplicity is not 100% necessary in a spontaneous revolution, or any other kind.  The Bundy case is not legally simple, and it has been over twenty years in the making.  One could easily make the case, as the feds clearly rationalized, that the Bundys’ knew this was coming, they had to pay the demanded fines, and that public land is for public, re: “governmental” uses, as defined by whatever appropriate bureaucrat is in charge this decade, often as directed by bought-and-paid-for Senators and Congressmen.  Given how much of Nevada is already considered federal property, it wouldn’t have been unreasonable to expect that average Americans would agree with the government position.  Perhaps they did – but the tireless and fed up minority not only did not agree, because of the location, information and empathy, they showed up, like mushrooms after a spring rain, it must have seemed.  Mechanistic calculations failed the bureaucrats, and a certain spirit of shared spontaneous sacrifice of brothers and sisters prevailed.  Putting aside their own lives for the moment, and standing together, without violence but with an unusual and praiseworthy commitment to justice – this little army accomplished a great thing.  Was it just property rights defense, or a simple reaction to an ugly power grab by a bristling state security apparatus? Or was this fight many things to many people, all arriving at the same place and frame of mind from various religious, constitutional, political, economic and cultural perspectives and interpretations?

Location, broad access to real-time information, a humble sympathetic spark illuminating a multifaceted and even complex problem of justice – these four ingredients seemed present in Bunkerville.    Like the similar sounding Battle of Bunker Hill, the first battle of Bunkerville also illustrates that a weaker and inexperienced group opposed to tyranny can prevail against (or deliver a Pyrrhic victory to) the well-armed existent power structure. The BLM drawback will be publicly presented as a “good government” victory.  In fact the federales and the politicians are already busy with their post-game analysis.

In their analysis, I believe they will determine that, 1) location matters (and hence must be carefully selected and controlled); 2) information is a domestic battleground and if messages cannot be managed, then technology and access should be; 3) empathy must be created and controlled (either for the government position, or for some government-controlled and friendly vector) and; 4) a more effective surveillance state, with better “mood” research, citizen tracking and list-keeping must be created, in order to prevent future “losses” such as at Bunkerville last week.   Until we can shut down the printing presses at the Fed, the incessant borrowing, and the outrageous taxation in this troubled country, we cannot stop the state from more carefully choosing and hiding their mistreatment of citizens and their property.  We will be unable to reverse the pre-emptive criminalization of every person in the country that is the fundamental driving purpose of the surveillance state.

As with the British Army in 1775, the state’s institutions sow the seeds of their own destruction. Inflation, crushing debt, and rats leaving the sinking ship will conspire towards ultimate collapse.  As Bunkerville publicly demonstrated, we the people can peaceably help this process along.  The state will call it reform, transformation, or even rehabilitation, even as politicians begin to scramble to “lead” the leaders of this liberty and justice movement.   The state will shrink, in influence at first, as we have seen, then in physical presence, cohesiveness, and consumption.  We will call it victory, and tell our children instructive fables of evil statist monsters.  God bless the Bundys and their friends, and all of us.  It has started!


LRC columnist Karen Kwiatkowski, Ph.D. [send her mail], a retired USAF lieutenant colonel, blogs occasionally at Liberty and Power and The Beacon. To receive automatic announcements of new articles, click here or join her Facebook page. She ran for Congress in Virginia’s 6th district in 2012..

Copyright © 2014 Karen Kwiatkowski

Reprinted with permission from LRC.

Another Phony Budget Debate

0

 

Source: http://www.ronpaulinstitute.org

By Ron Paul

 

ronpaul-tst

Another Phony Budget Debate

 

Anyone watching last week’s debate over the Republican budget resolution would have experienced déjà vu, as the debate bore a depressing similarity to those of previous years. Once again, the Republicans claimed their budget would cut spending in a responsible manner, while Democratic opponents claimed the plan’s spending cuts would shred the safety net and leave vital programs unfunded. Of course, neither claim is true.

The budget does not cut spending at all, and in fact actually increases spending by $1.5 trillion over ten years. The Republicans are using the old DC trick of spending less than originally planned and calling that reduced spending increase a $5.1 trillion cut in spending. Only in DC could a budget that increases spending by 3.5 percent per year instead of by 5.2 percent per year be attacked as a “slash-and-burn” plan.

The budget also relies on “dynamic scoring.” This trick is where the budget numbers account for increased government revenue generated by economic growth the budget will supposedly unleash. The claims are dubious at best. Of course, reducing government spending will lead to economic growth. But real growth requires real cuts, not this budget’s phony cuts.

As important as reducing spending and balancing the budget is, focusing solely on budget numbers ignores the root of the problem. The real problem is that too many in Washington — and the nation as a whole — refuse to consider any serious reductions in the welfare-warfare state.

I have always maintained that the logical place to start reducing spending is the trillions wasted on our interventionist foreign policy. Unfortunately, there are still too many in Congress who claim to be fiscal hawks when it comes to welfare spending, but turn into Keynesian “doves” when it comes to spending on the military-industrial complex.

These members cling to the mistaken belief that the government can balance it budget, keep taxes low, and even have a growing economy, while spending trillions of dollars policing the world, and propping up some governments and changing others overtly or covertly. Thus, President Obama is attacked as soft on defense because he only wants to spend $5.9 trillion over ten years on the military. In contrast, the Republican budget spends $6.2 trillion over the next decade. That is almost a trillion more than the budget’s total so-called spending cuts.

If there are too many fiscal conservatives who refuse to abandon the warfare state, there are too many liberals who act as if any reduction in welfare or entitlement spending leaves children starving. I agree it is unrealistic to simply end programs that people are currently dependent on. However, isn’t it inhumane to not take steps to unwind the welfare system before government overspending causes a bigger financial crisis and drags millions more into poverty?

Far from abandoning those in need of help, returning the responsibility for caring for the needy to private charities, churches, and local communities will improve the welfare system. At the very least,  young people should have the freedom to choose to pay a lower tax rate in exchange for promising to never participate in a government welfare or entitlement program.

Last week’s budget debate showed how little difference there lies between the parties when it comes to preserving the warfare-welfare state. One side may prefer more warfare while the other prefers more welfare, but neither side actually wants to significantly reduce the size and scope of government. Until Congress stops trying to run the world, run the economy, and run our lives, there will never be a real debate about cutting spending and limiting government.

Inside The Fed – What Janet Yellen Won’t Tell You

0

Source: http://www.againstcronycapitalism.org

By

Inside The Fed – What Janet Yellen Won’t Tell You

 

yellen-cc-cc

 

What is Janet Yellen, new Fed chairman, really worried about?

 

Is it that reported unemployment will stay high, that the economic recovery will never get off the ground, that we will fall back into recession, or that consumer prices will fall, thereby further endangering the huge debts that already zombify the economy? These are big concerns, no doubt, but not her largest worry. Her largest worry has to be that foreigners will stop buying U.S. bonds.

This is far from a needless worry. Recent events, events of just the past few months and weeks, including the Russian invasion of Crimea, make it even more of a threat to the U.S. government. But, first, some background.

Foreign individuals and businesses cut back on their purchases of U.S. bonds years ago. Their place was taken by foreign central banks. The central banks simply created money in their own currency and used it to buy our bonds.

Why did they do this? The Japanese may have done this because they rely on us for defense and want to help support our economy. But most of the central banks did it to keep their own currencies from appreciating against the dollar.

The more dollars they bought, the less their own currencies appreciated against the dollar. In this way, they kept their export prices down and protected their export related jobs.

This was not unlike the trade wars of the 1930’s, conducted with tariffs, but this time the trade wars were conducted with currency manipulations.

The Federal Reserve always knew that we couldn’t rely on foreign central banks to buy our bonds forever. That is probably the main reason it began the program called quantitative easing, in which the Fed created money out of thin air specifically to buy back U.S. debt.

Quantitative easing was a kind of insurance policy. If foreign central bank buying of U.S. bonds collapsed, the Fed would already have a program in place to buy them back itself.

The Fed always said that quantitative easing was meant to create U.S. jobs. But this never made much sense. Even a hard core proponent of QE, Fed official William Dudley ( formerly of Goldman Sachs), admitted that the Fed’s own economic models could not explain how creating money out of thin air and using it to buy U.S. bonds would increase employment. Some link to rising stock prices could be demonstrated, but then rising stock prices could not be shown to create jobs either.

One inference from this was that chairman Ben Bernanke, and now new chairman Janet Yellen, were just taking wild stabs in the dark. A more reasonable inference is that they had another reason for QE, one which they did not want to acknowledge.

Viewed in this way, it becomes clear that the 2008 bail-out was not so much a bail-out of Wall Street as a bail-out of Washington. The Federal Reserve feared that the market for government bonds was about to collapse, which would lead to soaring interest rates, and a complete collapse of our bubble financed government.

The Fed did not have the option of creating money and buying debt directly from the Treasury. That would be illegal. The Treasury must first sell its bonds to Wall Street, after which the Fed can then use its newly created money to buy them back. Hence, in order to rescue the Treasury, the Fed felt it had to rescue Wall Street.

This is a simplification of what happened, and only part of the story, but it is the untold part of the story, and in all likelihood the most important part. The Fed was in a panic in 2008, but not primarily about what might happen to Wall Street, and certainly not about what might happen to Main Street. It was in a panic over what might happen to government finance.

This interpretation is strengthened by new information contained in former Treasury secretary Hank Paulson’s recent book. He revealed that Russia tried in 2008 to persuade China to join in a collaborative effort to dump U.S. bonds in order to bring down the U.S. financial system. Although China refused to do so at the time, it is clear that China regards us as a geo-political foe, would like to end dollar dominance, and has itself been paring U.S. bond purchases.

The end result of the Fed’s panic during the Crash was over $3 trillion worth of Fed purchases of U.S. or what became U.S. backed bonds. In only a few years, the Fed became the largest single owner of U.S. bonds, even larger than Japan or China. The total U.S. debt held by the Fed today equals the entire U.S. debt at the end of the Clinton administration. It is of course completely nonsensical that the U.S. government is borrowing such large sums from itself.

At the moment, Janet Yellen’s worries about finding buyers of government bonds can only be getting worse. For much of last year, foreign central bank purchases of U.S. bonds fell. As of October of 2013, they had been negative for three and six months. Then they turned up a smidge, only to fall again, so that the last three months show a decrease of over 5%.

It is known that Russia has withdrawn its U.S. bonds from custody of the Fed after the Crimea invasion, and has either been selling or could sell at any time. It will no doubt try again to persuade other countries to join in undermining the U.S. bond market and replacing the dollar as the mainstay of world trade.

Under these circumstances, it should not be surprising that the Fed is today taking only baby steps to reduce its program of creating new money to buy U.S. bonds. This program is not just meant to revive the economy, which it has not done and cannot do. It is more likely designed as a desperate and in the long run counterproductive effort to finance the U.S. government and save today’s dollar dominated financial system.

Most recent book by Hunter Lewis:

Image credit: http://www.againstcronycapitalism.org

 


Hunter Lewis
About Hunter Lewis

Hunter Lewis is co-founder of AgainstCronyCapitalism.org. He is co-founder and former CEO of global investment firm Cambridge Associates, LLC and author of 8 books on moral philosophy, psychology, and economics, including the widely acclaimed Are the Rich Necessary? (“Highly provocative and highly pleasurable.”—New York Times) He has contributed to the New York Times, the Times of London, the Washing­ton Post, and the Atlantic Monthly, as well as numerous websites such as Breitbart.com, Forbes.com, Fox.com, and RealClearMarkets.com. His most recent books are Crony Capitalism in America: 2008–2012, Free Prices Now! Fixing the Economy by Abolishing the Fed, and Where Keynes Went Wrong: And Why Governments Keep Creating Inflation, Bubbles, and Busts. He has served on boards and committees of fifteen leading not-for-profit organizations, including environmental, teaching, research, and cultural and global development organizations, as well as the World Bank.

 

Look at this amazing pic from the Nevada Range War

0

 

Source: http://www.againstcronycapitalism.org

By

Look at this amazing pic from the Nevada Range War,

Looks like a western “showdown” Citizens vs. Feds.

 

Incredible picture. I think this is from the Saint George News.

 

Range-War-showdown-565x420

Why the Standoff at the Bundy Ranch is a Very Big Deal

0

 

Source: http://libertyblitzkrieg.com

By Michael Krieger

Why the Standoff at the Bundy Ranch is a Very Big Deal

 

If you haven’t been following the unfolding drama at the Bundy Ranch about 80 miles northeast of Las Vegas you need to start now. The escalating confrontation between irate local residents and federal agents of the Bureau of Land Management (BLM) has the potential to take a very dangerous turn for the worse at any moment, as hundreds of militia members from states across the country are expected to descend upon the area and make a stand with 67-year-old Nevada rancher Cliven Bundy.

Before I get into any sort of analysis about what this means within the bigger picture of American politics and society, we need a little background on the situation. The saga itself has been ongoing for two decades and the issue at hand is whether or not Mr. Bundy can graze his 900 head of cattle on a particular section of public lands in Clark County. Cliven Bundy has been ordered to stop on environmental grounds to protect the desert tortoise, but he has stood his ground time and time again. As a result, the feds have now entered the area and are impounding his cattle. According to CNN, Between Saturday and Wednesday, contracted wranglers impounded a total of 352 cattle. The Bundy family, as well as a variety of local residents have already had confrontations with the BLM agents. Tasers have been used and some minor injuries reported. Most significantly, militia members from across the country have already descended upon the area and it seems possible that hundreds may ultimately make it down there.

To me, the argument of who is right and who is wrong in this situation is the least interesting part of the story. I have noted time and time again that the feds are becoming increasingly out of control and belligerent to American citizens. We know the stories (think Aaron Swartz) and we know the overall trend trend. However, the reason the Bundy Ranch confrontation is so interesting, is that for whatever reason this particular incident seems to be striking a chord of dissent. It is often times the most random, unforeseen and innocuous things that spark social/political movements. This standoff has it all.

From CBS News:

LAS VEGAS (CBS Las Vegas/AP) — Militia groups are rallying behind a rancher whose cattle are being seized by the federal government.

The Las Vegas Review-Journal reports that two militia members from Montana and one from Utah have arrived at Cliven Bundy’s ranch.

“We need to be the barrier between the oppressed and the tyrants,” Ryan Payne of the West Mountain Rangers told the Review-Journal. “Expect to see a band of soldiers.”

Payne said that militias from New Hampshire, Texas and Florida are likely to join and stand with Bundy and stay at his ranch.

“They all tell me they are in the process of mobilizing as we speak,” Payne told the Review-Journal, adding that hundreds of militia members are expected.

Lawmakers are adding their voices into the fray, criticizing the federal cattle roundup fought by Cliven Bundy who claims longstanding grazing rights on remote public rangeland about 80 miles northeast of Las Vegas.

Sen. Dean Heller of Nevada said he told new U.S. Bureau of Land Management chief Neil Kornze in Washington, D.C., that law-abiding Nevadans shouldn’t be penalized by an “overreaching” agency.

Republican Gov. Brian Sandoval pointed earlier to what he called “an atmosphere of intimidation,” resulting from the roundup and said he believed constitutional rights were being trampled.

The fact that a U.S. Senator and the Governor are publicly coming out agains the feds is in my opinion a very big deal and may signal the beginning of a true fracturing in the social fabric. Something that I have been expecting for many years.

Heller said he heard from local officials, residents and the Nevada Cattlemen’s Association and remained “extremely concerned about the size of this closure and disruptions with access to roads, water and electrical infrastructure.”

The federal government has shut down a scenic but windswept area about half the size of the state of Delaware to round up about 900 cattle it says are trespassing.

Sandoval said he was most offended that armed federal officials have tried to corral people protesting the roundup into a fenced-in “First Amendment area” south of the resort city of Mesquite.

The site “tramples upon Nevadans’ fundamental rights under the U.S. Constitution” and should be dismantled, Sandoval said.

People being rounded up like cattle in these bullshit “First Amendment areas” is completely unacceptable.

BLM spokeswoman Kirsten Cannon and Park Service spokeswoman Christie Vanover have told reporters during daily conference calls that free-speech areas were established so agents could ensure the safety of contractors, protesters, the rancher and his supporters.

Meanwhile, federal officials say 277 cows have been collected. Cannon said state veterinarian and brand identification officials will determine what becomes of the impounded cattle.

The kindling for social upheaval has been growing in America for quite some time. Disrespectful and ignorant statements from billionaire oligarchs like Sam Zell only make it worse. The question in my mind has always been what will the catalyst be to spark the brushfire? Will it be the Bundy Ranch? We’ll have to wait and see.

Personally, I hope cooler heads prevail and there is no violence, because once you head down the road of violent confrontation between the people and the feds you are opening up a can of worms that will not easily be bottled up again. In such a situation, everybody loses. However, my long-term fear is that unless the government and its puppet masters on Wall Street and elsewhere in big business change course, social upheaval will prove inevitable, whether the Bundy Ranch sparks it, or some other incident down the road. These are troubled times and they are likely going to get worse before they get better.

This picture basically says it all:

Bundy-ranch

Full article here

Image credit: http://libertyblitzkrieg.com

Follow Mike on Twitter.

Harry Reid Tied to Medicare Fraudster Saloman Melgen

0

 

Source: http://www.againstcronycapitalism.org

By

Harry Reid Tied to Medicare Fraudster Saloman Melgen

 

reid-c-c1-565x429

 

Saloman Melgen is the South Florida doctor who it was determined overbilled Medicare by $9 million in 2007-2008, and who also recently lent his private plane to Senator Menendez of New Jersey for some “vacation time” in the Dominican Republic.

The Washington Free Beacon today reveals that $700,000 found its way from Melgen to a PAC Senator Reid is associated with. I mean it would just look stupid if old Harry Reid took a stroll down to the Medicare building and just picked up a check. There always has to be a middleman, even if that middleman is a known fraudster. Can’t look too obvious.

Click here for the article.

Image credit: http://www.againstcronycapitalism.org


Nick Sorrentino
About Nick Sorrentino

Nick Sorrentino is the co-founder and editor of AgainstCronyCapitalism.org. A political and communications consultant with clients across the political spectrum, he lives just outside of Washington DC where he can keep an eye on Leviathan.

 

UPDATE: Up to 5,000 Armed Militia Members Will Be Arriving in Bunkerville, Nevada Today

0

 

Source: http://www.shtfplan.com

By Kimberly Paxton

UPDATE: Up to 5,000 Armed Militia Members Will Be Arriving in Bunkerville, Nevada Today

 

Update: Word on the street from sources close to the militia movement is that up to 5,000 armed militia members will be arriving in Bunkerville, Nevada sometime today. (See full report below)

SHTFplan.com Editor’s Note: It is apparent that the Federal government was under the impression that they could simply move into the ranch land surrounding Bunkerville, NV and have their way with the property and livelihood of the Bundy family. What they didn’t count on was the outcry from Americans across the country. And now things may be headed to the next level. As Kim Paxton of The Daily Sheeple notes, citizen militias in several states have been called up. Many members of those organizations are taking up arms and are making their way to Nevada.

And it’s not just the citizen militias that are preparing to take action. The governor of Nevada has officially condemned the federal government’s actions, though he has yet to take any steps afforded to him under State law. Sheriff Richard Mack of Gilbert, Arizona has weighed in and calls the actions “terrorism.”

At last count there were some 200 federal agents from various agencies on the ground in Nevada and it appears that hundreds, perhaps thousands, of armed militia members will soon arrive to confront them.

The Federal government will no doubt step up their efforts, as they are facing the possibility of a widespread rebellion resulting from their actions against a private citizen whose only “crime” was to graze his cattle on the land his family has used for this purpose for over a century. It would not be at all surprising to see the President of the United States call up National Guard troops and more militarized law enforcement officials for fear of having this spiral out of control. A declaration of martial law to go along with already established First Amendment Areas is not out of the question.

We may well be on the cusp of a serious stand-off involving thousands of people. Keep in mind that most of them will be armed.

Given the circumstances, things could turn very bloody very quickly.

American-Standoff-2014

Militias Are On Route: Is the 2nd American Revolution Starting in Bunkerville, Nevada?
By Kim Paxton via The Daily Sheeple

An area just outside of the little town of Bunkerville, Nevada, with a population of around a thousand people, may go down in history.  This little spot in the desert may be compared with Lexington, Massachusetts, the site of the “shot heard round the world” – the first shot fired in the American Revolution.  Because it looks like the second American Revolution may start there…and soon.

Yesterday, The Daily Sheeple reported that tensions were running high outside of Bunkerville. It seems that the US government, in all of their infinite wisdom, has declared war on a cattle rancher named Cliven Bundy.

In a stand-off that has been likened to Ruby Ridge and Waco, the federal government has now deployed armed agents in a case of what the U.S. Department of the Interior’s Bureau of Land Management (BLM) has deemed “trespass cattle,” escalating a 20-year battle over grazing rights and what actually constitutes “public land” use in Southern Nevada.
 
Cliven Bundy, a 67-year-old rancher says his family has worked the 600,000-acre Gold Butte area since the late 1800s and that they were there well before the government’s Land Management Bureau ever came along. (source)

Armed federal officers have arrived to steal Bundy’s cattle and close down the land he is using.  What’s more, they have declared a zone around the area to be free of the restrictions of the Constitution, specifically, the First Amendment right to assemble and speak freely. They’d like to keep their reprehensible actions quiet and out of the public eye. It’s really difficult to mow down a bunch of protesters ala Waco with the whole world watching.

Yesterday, tensions began to rise even further and numerous protestors were tazed and assaulted.  (You can see the actions of those brave BLM officers on this video HERE).

It looks like tensions will rise even further because Americans have had enough.

Militias have been mobilised. It’s going to get real.

Bundy may be facing down a bunch of armed federal thugs but he’s going to be backed up by militia members from across the country.

This is the day that Patriots have been talking about and training for. They will not stand down.

YouTube Preview Image

CBS reports that militias from Texas, Montana, Utah, New Hampshire, and Florida will be standing with Bundy against the Bureau of Land Management.

If you aren’t a combatant, this doesn’t mean that you can’t participate in this revolt against tyranny.  This is a call to action.

Here are the pertinent email addresses and phone numbers:

(source)

Share information in support of these people who refuse to stand idly by while theft, violence, and tyranny occurs at the hands of the government.  If we all spread the word, there is no way that another Ruby Ridge or Waco can quietly occur. We can combat the disinformation spouted by the mainstream media by publishing REAL photos, REAL videos, and REAL accounts of what is happening. We can keep the communication open and tell the world what the United States government is doing to its own people.

Share this and other stories through email, through social media, through links in the comments sections of mainstream news sites.  Whatever you do, don’t wait for someone else to take action. Now is the time to speak up for liberty.  Make this story too viral for the mainstream to ignore.  Do not allow these brave people staring down the barrel of a gun to do so without our support.

The Bureau of Land Management has picked up a snake by the tail, and it looks like that snake is going to bite.

blm-nevada

Delivered by The Daily Sheeple

This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.TheDailySheeple.com.

###
Let us hope calm heads prevail and the situation does not escalate into a violent nature.


 

Go to Top