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10/2/2013  The Real Crisis Is Not The Government Shutdown
The inability of the media and politicians to focus on the real issues never ceases to amaze. The real crisis is not the “debt ceiling crisis.” The government shutdown is merely a result of the Republicans using the debt limit ceiling to attempt to block the implementation of Obamacare. If the shutdown persists and becomes a problem, Obama has enough power under the various “war on terror” rulings to declare a national emergency and raise the debt ceiling by executive order. An executive branch that has the power to inter citizens indefinitely and to murder them without due process of law, can certainly set aside a ceiling on debt that jeopardizes the government. The real crisis is that jobs offshoring by US corporations has permanently lowered US tax revenues by shifting what would have been consumer income, US GDP, and tax base to China, India, and other countries where wages and the cost of living are relatively low. On the spending side, twelve years of wars have inflated annual expenditures. The consequence is a wide deficit gap between revenues and expenditures. Under the present circumstances, the deficit is too large to be closed. The Federal Reserve covers the deficit by printing $1,000 billion annually with which to purchase Treasury debt and mortgage-backed financial instruments. The use of the printing press on such a large scale undermines the US dollar’s role as reserve currency, the basis for US power. Raising the debt limit simply allows the real crisis to continue. More money will be printed with which to purchase more new debt issues needed to close the gap between revenues and expenditures.
(Paul Craig Roberts)
posted: 10/7/13                   0       8
#1 



11/25/2012  CEO Council Demands Cuts To Poor, Elderly While Reaping Billions In Government Contracts, Tax Breaks
The corporate CEOs who have made a high-profile foray into deficit negotiations have themselves been substantially responsible for the size of the deficit they now want closed. The companies represented by executives working with the Campaign To Fix The Debt have received trillions in federal war contracts, subsidies and bailouts, as well as specialized tax breaks and loopholes that virtually eliminate the companies' tax bills. The CEOs are part of a campaign run by the Peter Peterson-backed Center for a Responsible Federal Budget, which plans to spend at least $30 million pushing for a deficit reduction deal in the lame-duck session and beyond. During the past few days, CEOs belonging to what the campaign calls its CEO Fiscal Leadership Council -- most visibly, Goldman Sachs' Lloyd Blankfein and Honeywell's David Cote -- have barnstormed the media, making the case that the only way to cut the deficit is to severely scale back social safety-net programs -- Medicare, Medicaid, and Social Security -- which would disproportionately impact the poor and the elderly.
(The Huffington Post)
posted: 12/27/12                   0       11
#2 



11/14/2011  Top 1% Nabs $30B a Year in Federal 'Welfare': Sen. Coburn investigates massive handouts
They’re already in the top 1%, yet they’re getting government handouts worth more than NASA’s budget. American millionaires rake in $30 billion a year from the feds, Republican Sen. Tom Coburn finds in a new report. That’s three times the EPA’s yearly allotment, yet it’s going to people like Jon Bon Jovi, who got US cash to raise bees, and Scottie Pippen, who received hundreds of thousands in agriculture subsidies while he was a Chicago Bull. Even billionaires like Ted Turner are cashing in, Newsweek reports.
(Newser)
posted: 11/27/11                   0       15
#3 



11/12/2011  The New Progressive Movement
(Opinion) OCCUPY WALL STREET and its allied movements around the country are more than a walk in the park. They are most likely the start of a new era in America. Historians have noted that American politics moves in long swings. We are at the end of the 30-year Reagan era, a period that has culminated in soaring income for the top 1 percent and crushing unemployment or income stagnation for much of the rest. The overarching challenge of the coming years is to restore prosperity and power for the 99 percent. Thirty years ago, a newly elected Ronald Reagan made a fateful judgment: “Government is not the solution to our problem. Government is the problem.” Taxes for the rich were slashed, as were outlays on public services and investments as a share of national income. Only the military and a few big transfer programs like Social Security, Medicare, Medicaid and veterans’ benefits were exempted from the squeeze. Reagan’s was a fateful misdiagnosis. He completely overlooked the real issue — the rise of global competition in the information age — and fought a bogeyman, the government. Decades on, America pays the price of that misdiagnosis, with a nation singularly unprepared to face the global economic, energy and environmental challenges of our time.
(New York Times)
posted: 11/27/11                   0       15
#4 



9/28/2010  Big Brother Obama: US to spy on Internet messaging -- Regulations to target Skype, Facebook, Blackberry
The Obama White House is backing new regulations that would compel popular Internet messaging services like Facebook, Skype and Blackberry to open up their systems to FBI surveillance, the New York Times reported Monday, citing federal law enforcement and national security officials. The threat to democratic rights goes far beyond anything envisioned by the Bush administration. The goal is to make all forms of electronic communication that use the Internet subject to wiretapping and interception by federal police agencies. In the past few years there has been a large-scale shift from conventional telephone communication to Internet-based messaging, which is both cheaper and more secure. - The Times article gave two examples of government efforts to intercept encrypted or peer-to-peer communications that ran into technical obstacles, one involving a drug cartel, the other related to the failed Times Square bombing earlier this year. These examples were chosen to support the claim by the Obama administration that the buildup of surveillance is part of a struggle against crime and “terrorism.” However, the Obama administration has defined “terrorism” so widely that the term now covers a vast array of constitutionally protected forms of political opposition to the policies of the US government, including speaking, writing, political demonstrations, even the filing of legal briefs.
(World Socialist Web Site)
posted: 10/4/10                   0       13
#5 



7/27/2010  The year America dissolved
It was 2017. Clans were governing America. The first clans organized around local police forces. The conservatives’ war on crime during the late 20th century and the Bush/Obama war on terror during the first decade of the 21st century had resulted in the police becoming militarized and unaccountable. As society broke down, the police became warlords. The state police broke apart, and the officers were subsumed into the local forces of their communities. The newly formed tribes expanded to encompass the relatives and friends of the police. The dollar had collapsed as world reserve currency in 2012 when the worsening economic depression made it clear to Washington’s creditors that the federal budget deficit was too large to be financed except by the printing of money. With the dollar’s demise, import prices skyrocketed. As Americans were unable to afford foreign-made goods, the transnational corporations that were producing offshore for US markets were bankrupted, further eroding the government’s revenue base.
(Paul Craig Roberts)
posted: 7/28/10                   0       9
#6 



5/8/2010  An Updated List of Goldman Sachs Ties to the Obama Government Including Elena Kagan
From 2005 to 2008, according to USA Today and other sources, Kagan served as a member of the Research Advisory Council of the Goldman Sachs Global Markets Institute.
(Fire Dog Lake)
posted: 5/23/10                   0       23
#7 



4/27/2010  A List of Goldman Sachs People in the Obama Government: Names Attached to the Giant Squid’s Tentacles
Here you will find, I believe, the most comprehensive list of people-groups yet available to show how Obama’s administration has really become the Goldman Sachs administration. The Obama administration is not the first administration that Goldman has infiltrated, although it is perhaps the one that has been most completely co-opted from top to bottom.
(Fire Dog Lake)
posted: 5/22/10                   0       23
#8 
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9/23/2009  Even the Part-Time Jobs are Disappearing -- The Economy is a Lie, Too
Americans cannot get any truth out of their government about anything, the economy included. Americans are being driven into the ground economically, with one million school children now homeless, while Federal Reserve chairman Ben Bernanke announces that the recession is over. The spin that masquerades as news is becoming more delusional. Consumer spending is 70% of the US economy. It is the driving force, and it has been shut down. Except for the super rich, there has been no growth in consumer incomes in the 21st century. Statistician John Williams of shadowstats.com reports that real household income has never recovered its pre-2001 peak. - The unemployment rate, as reported, is a fiction and has been since the Clinton administration. The unemployment rate does not include jobless Americans who have been unemployed for more than a year and have given up on finding work. The reported 10% unemployment rate is understated by the millions of Americans who are suffering long-term unemployment and are no longer counted as unemployed. As each month passes, unemployed Americans drop off the unemployment role due to nothing except the passing of time. The inflation rate, especially “core inflation,” is another fiction. “Core inflation” does not include food and energy, two of Americans’ biggest budget items. The Consumer Price Index (CPI) assumes, ever since the Boskin Commission during the Clinton administration, that if prices of items go up consumers substitute cheaper items. This is certainly the case, but this way of measuring inflation means that the CPI is no longer comparable to past years, because the basket of goods in the index is variable. The Boskin Commission’s CPI, by lowering the measured rate of inflation, raises the real GDP growth rate. The result of the statistical manipulation is an understated inflation rate, thus eroding the real value of Social Security income, and an overstated growth rate. Statistical manipulation cloaks a declining standard of living.
(Counter Punch)
posted: 8/1/11                   0       4
#9 



8/26/2009  Democratic Health Care Bill Divulges IRS Tax Data
Section 431(a) of the bill says that the IRS must divulge taxpayer identity information, including the filing status, the modified adjusted gross income, the number of dependents, and "other information as is prescribed by" regulation
(CBS)
posted: 8/28/09                   0       16
#10 



8/12/2009  Gunning for Health Care
Interestingly, we do not have any agreement at all on the question of whether it is a good plan to bring a gun to a gathering of angry and overwrought people
(New York Times)
posted: 8/27/09                   0       14
#11 



8/11/2009  Chris Matthews Hardball: Protester William Kostric brings gun to presidential town hall in NH (MSNBC)
posted: 8/27/09      
            
0       14
#12 



8/3/2009  Audience Shouts Down Sebelius, Specter at Health Care Town Hall in Philadelphia
Health and Human Services Secretary Kathleen Sebelius and Sen. Arlen Specter got a preview Sunday of the tough sell lawmakers will face over health care reforms
(FOX)
posted: 8/21/09                   0       12
#13 



8/3/2009  Federal tax revenues plummeting
The recession is starving the government of tax revenue, just as the president and Congress are piling a major expansion of health care and other programs on the nation's plate and struggling to find money to pay the tab
(Associated Press)
posted: 8/21/09                   0       14
#14 



7/25/2009  House OKs needle exchange funding
The House voted yesterday to lift a ban on using taxpayer dollars for needle exchange programs intended to prevent the spread of HIV and other diseases among intravenous drug users
(Associated Press)
posted: 7/28/09                   0       10
#15 
keywords: HIV, Lucille Roybal-allard, Mark Souder, Nancy Pelosi, Needle Exchange, Social Security, US Congress, United States, War On Drugs Add New Keyword To Link



6/11/2009  The Great Unwinding
The ratio of debt-to-personal-disposable income was 55 percent in 1960. Since then, it has more than doubled, reaching 133 percent in 2007.
(New York Times)
posted: 6/12/09                   6       39
#16 



2/13/2009  Federal obligations exceed world GDP
Does $65.5 trillion terrify anyone yet?
(World Net Daily)
posted: 6/18/09                   5       20
#17 



1/1/2009  History of Presidential Candidates
In fact, from 1928 to 1972, a CFR member won every presidential election (except Lyndon Johnson who more than compensated the Establishment by filling most of the top positions in Government with CFR members). George H.W. Bush had 387 members of the CFR and TC in his Administration. Nixon, at the beginning of his Administration, placed 115 CFR members in key positions in the Executive Branch. Of the first 82 names on a list prepared to help President Kennedy staff his State Department, 63 belonged to the CFR, according to Arnold Beichman's report in the September 1, 1961 edition of the Christian Science Monitor. It was simply titled, "Council on Foreign Relations." Indeed, the CFR has served as a virtual employment agency for the federal government under both Democrats and Republicans.
(Daniel Estulin: The True Story of The Bilderberg Group)
posted: 6/4/10                   0       7
#18 



9/23/2008  NO To The Paulson-Bernanke Derivatives Scam Bailout
Bail Out the American People, Not Wall Street! An Economic Recovery Strategy for Protectionists, Dirigists, Mercantilists, and Populists
(Webster G. Tarpley)
posted: 6/18/09                   5       23
#19 



2/10/2008  Wrong Paul: Fantasy, fallacy and factual fumbles from the Republican insurgent.
Ron Paul doesn't have much of a chance of winning the Republican nomination, but he persists with his well-funded campaign and even talks of turning it into a permanent "Revolution" that will continue far beyond 2008. We've given his statements little attention until now. But here we look at some of his more outlandish claims: * Paul claims that a secret conspiracy composed of the Security and Prosperity Partnership and a cabal of foreign companies is behind plans to build a NAFTA Superhighway as the first step toward creating a North American Union. But the NAFTA Superhighway that Paul describes is a myth, and the groups supposedly behind the plans are neither secret nor nefarious. * Paul says that the U.S. spends $1 trillion per year to maintain a foreign empire and suggests that we could save that amount by cutting foreign spending. Paul gets that figure by including a lot of domestic programs that he isn't planning to cut, like the U.S. Border Patrol and interest payments on the debt. * Paul has run television ads touting an endorsement from Ronald Reagan, but he fails to mention that, in 1988, Paul wanted "to totally disassociate" himself from the Reagan administration. - The problem with Paul's claim is that there are no plans to build a NAFTA Superhighway. Or a North American Union, for that matter. And while the Security and Prosperity Partnership of North America does exist, it's just a boring bureaucracy. Like many conspiracy theories, this one is a mixture of fact and fiction. That scary-looking map, with lines that rumor suggested were drawn to scale, is the product of an actual group called North America's SuperCorridor Organization (NASCO), which is a consortium of public and private entities. But contrary to conspiracy theorists, the map does not show a new highway. Those bright blue lines show only I-35 and I-29 – interstates that already exist. On its Web site, NASCO says it and some of the local governments along I-35 have been referring to that route as the "NAFTA Superhighway" for years. NASCO advocates improvements to existing roads, but is not lobbying for, or planning to build, any new thoroughfares.
(Newsweek)
posted: 11/5/10                   0       3
#20 



8/16/2005  CFR's Plan to Integrate the U.S., Mexico and Canada
This CFR document, called "Building a North American Community," asserts that George W. Bush, Mexican President Vicente Fox, and Canadian Prime Minister Paul Martin "committed their governments" to this goal when they met at Bush’s ranch and at Waco, Texas on March 23, 2005
(Idaho Observer)
posted: 5/17/09                   3       27
#21 



3/24/2005  What Trumps What in the White House?
President Bush's hasty embrace of federal intervention in the Terri Schiavo case -- followed by yesterday's partial retreat -- has some folks trying to ascertain the relative importance to the White House of such factors as the "culture of life," state's rights, activist judges, the gun culture, global catastrophes and brute political calculation. Here's how one reader put it in my Live Online discussion yesterday: "Now we learn that the Republicans have a trumping order of issues. The sanctity of marriage trumps the rights of gays and state's rights, but the 'culture of life' trumps the sanctity of marriage and state's rights. . . .
(Washington Post)
posted: 11/8/10                   0       1
#22 



10/17/2004  Faith, Certainty and the Presidency of George W. Bush
Bruce Bartlett, a domestic policy adviser to Ronald Reagan and a treasury official for the first President Bush, told me recently that ''if Bush wins, there will be a civil war in the Republican Party starting on Nov. 3.'' The nature of that conflict, as Bartlett sees it? Essentially, the same as the one raging across much of the world: a battle between modernists and fundamentalists, pragmatists and true believers, reason and religion. ''Just in the past few months,'' Bartlett said, ''I think a light has gone off for people who've spent time up close to Bush: that this instinct he's always talking about is this sort of weird, Messianic idea of what he thinks God has told him to do.'' Bartlett, a 53-year-old columnist and self-described libertarian Republican who has lately been a champion for traditional Republicans concerned about Bush's governance, went on to say: ''This is why George W. Bush is so clear-eyed about Al Qaeda and the Islamic fundamentalist enemy. He believes you have to kill them all. They can't be persuaded, that they're extremists, driven by a dark vision. He understands them, because he's just like them. . . . ''This is why he dispenses with people who confront him with inconvenient facts,'' Bartlett went on to say. ''He truly believes he's on a mission from God. Absolute faith like that overwhelms a need for analysis. The whole thing about faith is to believe things for which there is no empirical evidence.'' Bartlett paused, then said, ''But you can't run the world on faith.'' Forty democratic senators were gathered for a lunch in March just off the Senate floor. I was there as a guest speaker. Joe Biden was telling a story, a story about the president. ''I was in the Oval Office a few months after we swept into Baghdad,'' he began, ''and I was telling the president of my many concerns'' -- concerns about growing problems winning the peace, the explosive mix of Shiite and Sunni, the disbanding of the Iraqi Army and problems securing the oil fields. Bush, Biden recalled, just looked at him, unflappably sure that the United States was on the right course and that all was well. '''Mr. President,' I finally said, 'How can you be so sure when you know you don't know the facts?'''
(New York Times)
posted: 4/3/11                   0       3
#23 



6/27/2002  Is America a Police State?
Mr. Speaker: Most Americans believe we live in dangerous times, and I must agree. Today I want to talk about how I see those dangers and what Congress ought to do about them. Of course, the Monday-morning quarterbacks are now explaining, with political overtones, what we should have done to prevent the 9/11 tragedy. Unfortunately, in doing so, foreign policy changes are never considered. I have, for more than two decades, been severely critical of our post-World War II foreign policy. I have perceived it to be not in our best interest and have believed that it presented a serious danger to our security. For the record, in January of 2000 I stated the following on this floor: Our commercial interests and foreign policy are no longer separate...as bad as it is that average Americans are forced to subsidize such a system, we additionally are placed in greater danger because of our arrogant policy of bombing nations that do not submit to our wishes. This generates hatred directed toward America ...and exposes us to a greater threat of terrorism, since this is the only vehicle our victims can use to retaliate against a powerful military state...the cost in terms of lost liberties and unnecessary exposure to terrorism is difficult to assess, but in time, it will become apparent to all of us that foreign interventionism is of no benefit to American citizens, but instead is a threat to our liberties.
(US Congress)
posted: 9/20/11                   0       3
#24 



4/19/2001  Journalism & Democracy By Bill Moyers
Hi. My name is Bill, and I'm a recovering Unimpeachable Source.
(The Nation)
posted: 8/7/09                   0       10
#25 



9/27/2000  President Clinton announces another record budget surplus
Clinton said, "the largest one-year debt reduction in the history of the United States."
(CNN)
posted: 5/18/09                   3       23
#26 




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