Posts tagged Socialist
Student Loan Racketeering: Congress Critter Introduces a Bill to Make Student Loan Payments a Payroll Tax Deduction1
By Judy Morris
Bloomberg had a very interesting article about a congressional bill that was introduced that would force employers to withhold 15% of an employees’ paycheck to pay for student loan debt.
Congress will consider overhauling debt collection in the $100 billion-a-year U.S. student loan program, replacing it with automatic withdrawals from borrowers’ paychecks tied to their income — a system used in the U.K.
Legislation that Wisconsin Republican Representative Tom Petri plans to introduce as soon as this week would require employers to withhold payments from wages in the same way they do taxes. Payments would be capped at 15 percent of borrowers’ income after basic living expenses.
The bill follows growing concern about the burden of $1 trillion in outstanding student loans, which now exceed credit- card debt.
The above proposal comes on the heels of Obama’s 3/10 overhaul of the student loan program that took government guaranteed student lending away from lenders and replaced the Federal government as the direct lender. However, the banksters were still going to collect heavy fees for administering the program, even if they were no longer collecting the interest on student loans.
Obama’s student loan overhaul was modeled after a European styled socialist program and the NYT was wild about Obama’s new student loan program which is a variation of the Marxist doctrine of “from each according to his ability and to each according to his needs”.
But true Ron Paul supporters will never back Romney. Personally, I despise what is happening, and have for some time. Should Obama be re-elected and continue the transformation of the U.S. into another failing socialist run empire, I will place all the blame on the GOP, that group that cares more abut agendas and saving face than saving our country, this next 4 years. Remember, both of these sock puppets are owned by the owners of Goldman Sachs, the Federal Reserve and the rest of the power monopoly.
By Susanne Posel
Hillary Clinton, US Secretary of State has announced that the Obama administration is working with the United Nations (UN) to approve, through the US Congress, the Small Arms Treaty (SAT).
Clinton affirmed that the US would facilitate talks with the UN in the Conference on the Arms Trade Treaty, as long as it “operates under the rules of consensus decision-making. Consensus is needed to ensure the widest possible support for the Treaty and to avoid loopholes in the Treaty that can be exploited by those wishing to export arms irresponsibly.”
This global gun control scheme, concocted by the UN, is called the International Arms Control Treaty (IACT). Disguised as a way to combat terrorism, insurgents and international criminals, this document endeavors to secure the world’s citizens cannot defend themselves.
The IACT will empower the UN to literally force the US government to:
My gift to the Dare County Republicans, North Carolina. Hopefully the simplicity of this blog post my reach your apathetic and dangerous view point of the world in which you have played your role flawlessly. Watch if you “DARE” to WAKE UP!
You’ve heard about Kony 2012…Well This is a REAL MOVEMENT!
It’s a shame that “the presidential nominee with the most money” is the one who has the best chance to win….This movement is to shatter that….
THIS IS TO RAISE A MASSIVE AWARENESS ABOUT RON PAUL WORLDWIDE!
ALSO LIKE ON FACEBOOK http://www.facebook.com/pages/RONY-2012-Movement/435181543172621
JOIN THE EVENT ON FACEBOOK AT http://www.facebook.com/events/239961552783547/
INVITE ALL OF YOUR FRIENDS!!
THOSE ON TWITTER FOLLOW AT https://twitter.com/#!/ronywins2012
IMPORTANT! We must get this out before the next states Vote!
The Voting schedule is this…
May 29, 2012 Texas For 155 Delegates
June 5, 2012 California For 172 Delegates
Montana For 26 Delegates
New Jersey For 50 Delegates
New Mexico For 23 Delegates
South Dakota For 28 Delegates
June 26, 2012 Utah For 26 Delegates
By Steve Forbes
This article originally appeared int he Feb. 27, 2012 issue of Forbes magazine.
You thought socialism was dead, other than in miserable countries such as North Korea and Cuba? Think again. It’s alive and well at the Federal Reserve, and we and the world are paying a price for it.
Our central bank tries to manipulate our economy in ways befitting a Soviet commissar. Take interest rates. Fixing the price of money is a form of price control, pure and simple. Until Ben Bernanke our central bank was content to fix short-term interest rates, which he announced would be kept at virtually zero through 2014. But in the aftermath of the financial crisis Bernanke is, in effect, dictating the price of all money, regardless of duration.
By owning so many long-term government bonds, Bernanke has created an artificial shortage of these financial instruments. Like a good central planner, Bernanke is using his policies to subsidize the still rapidly growing, gargantuan debt of the U.S. government. He also holds a huge stash of mortgages so that mortgage rates can be kept low in order to revive the battered housing industry. Big companies also find credit abnormally easy to get.
All of this means the government is picking winners and losers. And in this case the losers are savers. Bernanke & Co. want to effectively force Americans to put their cash in riskier assets, such as stocks.
Another category that’s hurting is small business. Bernanke pays a nominal interest rate on reserves that banks leave at the Fed—a totally risk-free return. On paper an institution would do well lending to a local restaurant or dry cleaner, where rates are significantly higher. But if it does, it had best be prepared to undergo a regulatory third degree.
Ben and his apologists say that one of the Fed’s mandates is to bring about full employment; therefore, it must engage in these statist actions. History, however, shows us that the best thing a central bank can do to create prosperity is to keep the currency stable in value. Whenever the dollar veers in value, as it’s done chronically since the link to gold was severed 40 years ago, market distortions result and capital is misallocated.
The Fed’s socialist tendencies, as one would expect, ride roughshod over property rights. If you sold a bottle of wine for five loaves of bread and Washington came along and confiscated two of those loaves, that would be “takings.” The Constitution guarantees that the government would have to pay you for that seized property. Yet the Federal Reserve routinely confiscates people’s property when it undermines the value of the dollar.
One inconvenient fact Bernanke and his acolytes ignore is that before the creation of the Fed the U.S. economy grew at an average rate of 4%. Since then the average is just about 3%. But in this hyperactive Bernanke era we’ll be lucky to get a long-term average of 2%.
You have probably seen the images by now. Athens on fire, the city literally burning as politicians within parliament voted to pass tough austerity measures to meet the demands of the EU and IMF, Greece’s international lenders. This story is about more than just austerity and riots – it’s wealth-extraction amidst economic collapse at work. The Greek economy is in the 5th year of a recession, which is a nice way of saying that it is in a depression. Money supply continues to contract, deposits are being drained and liquidity has dried up. The economy is in a free fall, and there is no bottom in sight. The proposals for recovery through “austerity” are just another way to keep the political system in place for as long as possible with the hope that the elites will be able to ride this storm out and come out the other end richer and more powerful than every before. We break down how exactly that works with Capital Account producer Demetri Kofinas.
And while we’re on the issue of debt, let’s take a look at how the US is dealing with it. US President Barack Obama released his 2013 budget today. While it will be analyzed, touted, and attacked, why should you care, or rather, why should you not care? We’ll tell you. And more economists come out saying the Federal Reserve is making a big mistake if it sticks to keeping interest rates near zero for the next three years. We look at how the Fed got here – it’s evolution into central planner, buyer of junk, war enabler, and firefighter of the economic fires it creates itself. We speak to G. Edward Griffin whose been opposing the Fed since at least the 1960s. G. Edward Griffin is author the bestselling book The Creature from Jekyll Island, which has been recommended by Republican Presidential hopeful Ron Paul on his reading list and which reportedly informed Dr. Paul’s writing on the Fed in his own books on the subject.
Griffin also takes us back in time, and reminds us how the Fed even came to be — the money trust meeting in secret on Jekyll Island in order to draft a cartel agreement that would eventually be known as the “Federal Reserve Act.”
Tennessee lawmakers have taken a major step forward in the fight against U.N. Agenda 21 with a House resolution condemning the plan as “destructive and insidious.”
The resolution passed 72-23 and was quickly condemned and made fun of by the few local and national media outlets who actually reported on the story.
The plan called on members of the United Nations to adopt sustainable development principles to alleviate poverty and combat global warming. But the resolution approved by Tennessee lawmakers on Thursday depicts it as a plan for the “socialist/communist redistribution of wealth” through energy conservation policies, zoning restrictions and forced abortions.
“It reads well. It has nice words like sustainability and helping the poor,” said state Rep. Glen Casada, R-Franklin. “But what these people want to do is they want to cap the number of people this planet can have. … So ladies and gentlemen, if that doesn’t bother you, if those words don’t scare you, we’ve got to talk.” Source: The Tennessean
The lawmakers in favor of the resolution called Agenda 21 a redistribution of wealth through energy conservation, forced abortions, and zoning restrictions.
America 2050, Forum for the Future, and the Rewilding Project. The re-branding of Agenda 21 also allows the globalists to advance another older concept that has been in the works for a long time; The North American Union.
Through these three organizations, the globalists have implemented and started executing a strategy that will bring about an Orwellian state where all 50 states are merged into mega regions and people are rationed food, water, and energy.
As the corporate media continues to pretend that Agenda 21 is “little known” and unimportant, the American people, sick of being lied too on a daily basis, will continue to flock to alternative media outlets in droves.
“The End of America details the ten steps a country takes when it slides toward fascism. It’s not a “lefty”tot tome, rather a historical look at trends in once-functioning democracies from modern history that are being repeated in our country today. It gives any reader (or viewer of the lecture) a much-needed history lesson and constitutional refresher. Most importantly, it puts the recent gradual loss of civil liberties in the U.S. in a historical context. The average American might not be alarmed at AT&T selling our private information to the Bush administration, but when this action is seen as part of a larger series of erosions and events, a pattern emerges with unfortunate consequences that become disturbingly clear.” – IMDB
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Glad the footage from the DC rally included. That was a good day, although very hot, for Liberty!
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For more good reading please check out: The End of America: Letter of Warning to a Young Patriot
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The United States of America is becoming more like Nazi Germany every single day. In fact, the Nazification of America is almost complete. The parallels between Nazi Germany and the United States of today are going to absolutely shock many of you. Most Americans simply have never learned what life was really like back in Nazi Germany. Under Adolf Hitler, Germany was a Big Brother totalitarian police state that ruthlessly repressed freedom and individual liberty. Under Adolf Hitler, Germany adopted socialism, dramatically increased government spending and raised taxes to astronomical levels. Under Adolf Hitler, abortion became legal in Germany, the government took over health care and Christianity was pushed out of the public schools and out of public life. To prove all of these points, I am going to use extensive quotes from two sources. Kitty Werthmann was a child living a peaceful life in Austria when Hitler took over her nation. Her eyewitness accounts about what life was like under Nazi Germanyare invaluable. In addition, I will also be quoting extensively from author Bruce Walker. He is the author of a book entitled “The Swastika Against The Cross: The Nazi War On Christianity”, and during his years of research he has uncovered some absolutely jaw dropping stuff. After reading the information in the rest of this article, there should be no doubt that the United States is becoming just like Nazi Germany.
Nazi Germany shows us what happens when the state becomes god. Adolf Hitler was certainly more racist than the leaders of America are today, but other than that there are very few differences between the road that Adolf Hitler led Germany down and the path that the United States is being led down.
The following are 25 signs that the Nazification of America is almost complete….
#1 Nazi Germany was a totalitarian Big Brother police state that constantly monitored everything that German citizens did.
Today, the bureaucrats that run things in the United States are also absolutely obsessed with constantly trying to monitor us. For example, there are now control freaks that inspect the lunches of preschool students in certain areas of the country in order to make sure that they contain the “right” foods….
A preschooler at West Hoke Elementary School ate three chicken nuggets for lunch Jan. 30 because the school told her the lunch her mother packed was not nutritious.
The girl’s turkey and cheese sandwich, banana, potato chips, and apple juice did not meet U.S. Department of Agriculture guidelines, according to the interpretation of the person who was inspecting all lunch boxes in the More at Four classroom that day.
The Division of Child Development and Early Education at the Department of Health and Human Services requires all lunches served in pre-kindergarten programs – including in-home day care centers – to meet USDA guidelines. That means lunches must consist of one serving of meat, one serving of milk, one serving of grain, and two servings of fruit or vegetables, even if the lunches are brought from home.
by Thomas J. DiLorenzo
by Thomas J. DiLorenzo
Upon hearing that Donald Trump will interview his fellow neocons at another GOP debate in late December, I recalled that Trump gave the Republican nomination a shot himself in 2000, and of course again briefly in the past year. A quick Web search unearthed quite a few of Trump’s political opinions on topics ranging from civil rights to war. After reading through some of these Trumpisms I thought I’d attempt to anticipate some questions that “The Donald,” as he is sometimes called, would ask his fellow neocons who are seeking the Republican nomination. So here goes.
“Mr. Gingrich, when I sought the nomination in 2000 I asked the question, ‘Who else has called for a pre-emptive strike on North Korea?’ Would you agree with me that we should start another war with North Korea?”
“Senator Santorum, when I was running I said that Israel is “our unsinkable Mideast aircraft carrier” that “is there for us.” But, well, not exactly. There are no Israeli soldiers fighting side-by-side with “us” in Iraq and Afghanistan. If you become president, would you pressure Israel to supply soldiers for our Mideast wars?”
“Governor Romney, I know you have taken a lot of heat for being, well, a socialist by introducing socialized healthcare in Massachusetts. I suspect you might agree with me that there’s nothing inherently bad about socialism as long as it’s run by smart, deal-making businessmen like you and me. For example, when I was running I proposed a 14.25% wealth tax on “the wealthiest Americans,” something the Marxist-inspired “Occupy Wall Street” movement would probably go for. I also called for universal healthcare, stating that what we need is a “well-administered single-payer system.” Would you in fact agree with me that socialism of this sort is OK as long as it is well administered by smart and handsome businessmen like us?”
“Governor Perry, when I was running I advocated the death penalty for convicted murderers, and stated that “lethal injections are too comfortable a way to go.” Would you, as president, issue an executive order to allow a state like Texas to ignore the constitutional prohibition of cruel and unusual punishment and allow the state to publicly behead convicted murderers?”
“Back to Mr. Gingrich. Mr. Speaker, even though we now have a military presence in over 150 countries and our military budget exceeds that of all the other nations of the world combined, I stand by my statement made eleven years ago that ‘the defense budget is too low.’ Don’t you agree?’”
“Here’s a question for all the panelists: I have often said that ‘a good deal maker is cunning, secretive, and focused,’ and that, as such, Richard Nixon was one of our best political deal makers ever. If president, would you resurrect the Nixonian art of deal making, as I have suggested?”
“At the risk of appearing to be a bitter, small-minded cheap shot artist, here’s a question for Congressman Ron Paul, who is not here tonight (as Trump addresses an empty chair on the stage): Congressman Paul, wouldn’t your agenda of peace, real, free-market capitalism, and free trade with all leave you, as president, with almost nothing to do? Why would anyone vote for a man who simply wants to leave everyone alone to pursue their own interests with government doing nothing but protecting life, liberty, and property? And a defense policy that defends America sounds nice, but then who would be the world’s policeman? Who would make sure that everyone is behaving themselves in Central Africa and the Far East? I won’t stay up all night waiting for answers to these questions – I’ve got a Miss USA contest to prepare for.”
December 9, 2011
Thomas J. DiLorenzo [send him mail] is professor of economics at Loyola College in Maryland and the author of The Real Lincoln; Lincoln Unmasked: What You’re Not Supposed To Know about Dishonest Abe and How Capitalism Saved America. His latest book is Hamilton’s Curse: How Jefferson’s Archenemy Betrayed the American Revolution – And What It Means for America Today.
Copyright © 2011 by LewRockwell.com. Permission to reprint in whole or in part is gladly granted, provided full credit is given.
[CIM Comment: Now more than every we need the Champion of the Constitution!]
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