SNL on U.S. Debt to China

Prosperity gospel (so called)

The Prosperity Gospel from The Global Conversation on Vimeo.

I found this very upsetting.

The Great Stimulus

Straight talk - impending financial meltdown

If you like that, you'll love this.

If that didn't bother you, how about Peter Schiff's opinions?

ACORN: helping to setup a brothel

This organization is supported with tax dollars. Be sure to see part two

Healthcare reform - executive summary

We're going to pass a health care plan
written by a committee whose head says he doesn't understand it,
passed by a Congress that hasn't read it; but exempts themselves from it,
signed by a president that also hasn't read it, and; who smokes,
with funding administered by a treasury chief who didn't pay his taxes,
over seen by a surgeon general who is obese,
and financed by a country that's nearly broke.

What possibly could go wrong?

The Great Geithner Coverup

Economist William K. Black of the University of Missouri appeared in an interview on PBS last week with Bill Moyers. He pulls no punches in spelling out who is really responsible for our current economic disaster, and why our own Treasury Secretary is leading the charge to keep the truth covered up.

Hey Big Spender

The Evergreen Freedom Foundation (EFF) provides a great service to Washington State. One of the ways is by providing the list of big spenders in our congress. Check it out

Winning the war in Afghanistan

This video is of a reporter who arranged for and visited the NW region of Pakistan.
It's worth the watching. Click here to see the video

The Looming Crisis at the Pentagon: How Taxpayers Finance Fantasy Wars

Source: TomDispatch.com - Chalmers Johnson

Like much of the rest of the world, Americans know that the U.S. automotive industry is in the grips of what may be a fatal decline. Unless it receives emergency financing and undergoes significant reform, it is undoubtedly headed for the graveyard in which many American industries are already buried, including those that made televisions and other consumer electronics, many types of scientific and medical equipment, machine tools, textiles, and much earth-moving equipment -- and that's to name only the most obvious candidates. They all lost their competitiveness to newly emerging economies that were able to outpace them in innovative design, price, quality, service, and fuel economy, among other things.

Read the entire piece

The World Won't Buy Unlimited U.S. Debt

We're asking others to sacrifice for our 'stimulus.'

By PETER SCHIFF

Barack Obama has spoken often of sacrifice. And as recently as a week ago, he said that to stave off the deepening recession Americans should be prepared to face "trillion dollar deficits for years to come."

But apart from a stirring call for volunteerism in his inaugural address, the only specific sacrifices the president has outlined thus far include lower taxes, millions of federally funded jobs, expanded corporate bailouts, and direct stimulus checks to consumers. Could this be described as sacrificial?

What he might have said was that the nations funding the majority of America's public debt -- most notably the Chinese, Japanese and the Saudis -- need to be prepared to sacrifice. They have to fund America's annual trillion-dollar deficits for the foreseeable future. These creditor nations, who already own trillions of dollars of U.S. government debt, are the only entities capable of underwriting the spending that Mr. Obama envisions and that U.S. citizens demand.

These nations, in other words, must never use the money to buy other assets or fund domestic spending initiatives for their own people. When the old Treasury bills mature, they can do nothing with the money except buy new ones. To do otherwise would implode the market for U.S. Treasurys (sending U.S. interest rates much higher) and start a run on the dollar. (If foreign central banks become net sellers of Treasurys, the demand for dollars needed to buy them would plummet.)

In sum, our creditors must give up all hope of accessing the principal, and may be compensated only by the paltry 2%-3% yield our bonds currently deliver.

Read the entire piece

Ron Paul On This Weekend’s Global Financial Summit

The Secret Government

Who voted yes, and who voted NO.

This NYTimes map presents a good breakdown of the Republican (red) and Democrat (blue) votes against the bailout (sellout) bill. The representatives that voted for the bill are represented in gray.
To see more detail click here.

I urge you to actively campaign against those who voted for the sellout bill in the coming election.

But check this out! The FED is going to bail them out anyway.

Sept. 29 (Bloomberg) -- The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression.

The Fed increased its existing currency swaps with foreign central banks by $330 billion to $620 billion to make more dollars available worldwide. The Term Auction Facility, the Fed's emergency loan program, will expand by $300 billion to $450 billion. The European Central Bank, the Bank of England and the Bank of Japan are among the participating authorities.

The Fed's expansion of liquidity, the biggest since credit markets seized up last year, came hours before the U.S. House of Representatives rejected a $700 billion bailout for the financial industry. The crisis is reverberating through the global economy, causing stocks to plunge and forcing European governments to rescue four banks over the past two days alone.

Get ready for hyperinflation.

No more help, please

By Stephen Fairfax
While the Billionaire Bailout was narrowly defeated Monday, its certain there will be more attempts to saddle all Americans with the bad debts of people who paid themselves $40 billion annually in dividends, plus massive bonuses, stock options (now worthless) and huge salaries.

As small business owners, my wife and I are fascinated by the concern shown by our political leaders for us and our colleagues. The dire warnings of the past few days frequently include phrases like "small business owners need credit to grow their business, send their kids to college, and save for their retirement." How one saves for retirement by borrowing is never explained. Others claim that small businesses will not be able to pay their employees if they don’t have access to easy credit.

Nearly all of these pronouncements come from people who know little or nothing about running a small business. Few Washington politicians have earned a single free-market dollar in honest commerce, and if they did it was generally long ago. Self-appointed "business leaders" are in fact little more than well-paid lobbyists for very large businesses that use government regulations and laws to place small business owners at a disadvantage. They do not speak for us or any small business owner we know.

There's more, and it's well worth the reading. Read the rest.

Just say "NO"

We are told that the federal government needs to step into the market place and stem the financial crisis. Please stop and consider that the same powerful people who created this situation now want more power to save themselves from it. They want to take taxpayer dollars to pick up the bill for foolish lending, and irresponsible policies.

These are the same friendly folks that gave us the so called "Patriot Act". The same fine folks that have for the last eight years spent carelessly. Doubled our national debt, debased our currency, squandered our national credit.

This current crisis did not come quickly nor should it have been a surprise. Yet they tell us they need power to fix it and fix it now. I say, "nonsense". Let the market work. Of course it will be painful. We have our leaders to thank for it.

Lew Rockwell interview with Bill Moyers

If you find this interesting, watch part 2. Watch Part 3

If you enjoy Lew Rockwell here is his web site www.lewrockwell.com
You might also enjoy the Ludwig von Mises site /www.mises.org

Election 2008 - Who to vote for??

Let's see; there's Obama; NO!, then there's McCain; NO! Most of America stops thinking right about here. But there are other choices. If you are searching for someone worthy of your endorsement, here are a couple you probably don't know much about. Chuck Baldwin is a man of principle. Maybe him...

Then there's Bob Barr.


Please, do us all a favor. Before you throw away your precious vote on some bonehead that doesn't represent you, break out of the herd and think for yourself. Stop listening the the mainstream propaganda mill and get some information.

Take a look at what the Libertarians stand for. www.lp.org.
Read what the Constitution party is all about www.constitutionparty.com.

While you're at it, take the World's Smallest Political Quiz to see who agrees with you.

Performance Audits in Washington State

The History of WA Ferries