In Aftershock, the brilliant book by David Wiedemer, Robert Wiedemer and Cindy Spitzer, the authors dissect our “bubble economy” and declare that the bubble machine will turn itself off with the worst meltdown yet. The authors believe our politicians will not prevent the next series of Meltdowns, but I believe they can avoid making it worst with spending and budget cuts. I wrote the following before I read the book:
We’ve experienced the 2008 Meltdown and the artificially sustained recovery based on hype and the Federal government spending spree, but all of that will end soon
The 2008 Meltdown had several causes. The Fed kept interest rates too low, housing prices soared and about half of the people who bought houses in the past 10 years shouldn’t have done so. Now, despite the billions the government is squandering on remediation, home ownership will drift down from 65% to 50% to exclude the working poor and the unemployed.
Federal laws like The Community Reinvestment Act coupled with threats by HUD and ACORN to sue lenders for not accepting non-creditworthy borrowers prompted lenders to temporarily profit from this extortion. Fannie Mae and Freddy Mac bought these bad mortgages, bundled them up and sold them off as securities to all kinds of investors. These investors believed the bogus AAA ratings on these securities. They all lived on Fantasy Island until the 2008 Meltdown. When the music stopped, there were no chairs to land on. Toxic security holders had no buyers for their securities and were left holding the bag. This caused a liquidity freeze and the largest financial institutions and insurance companies had lost $20 trillion. When housing prices started to fall, foreclosures followed and borrowers and shareholders lost another $30 trillion in equity.
We should have let these banks, investment houses and insurance companies fail and file for bankruptcy. The Federal Reserve could have stepped in to lend money at 5-7% to the most creditworthy borrowers. The gamblers who went in to bankruptcy would be out of business. Their depositors would have collected their FDIC insurance funds and deposited their funds in a surviving bank or credit union. Other assets, like credit card debt could have been assumed by other surviving lenders. Investors who bought toxic securities would have to sell them at a loss or hold them and deal with recovering the collateral. Fanny Mae and Freddie Mac should have filed for bankruptcy and been liquidated.
The Aftershock Meltdown will be worse, will certainly result in even higher unemployment and could last for years (think 2nd Great Depression). The federal government bail-outs, stimulus plans and 30% higher federal budgets will trigger this Debt Meltdown. The federal government panic of 2008 and the multi-trillion dollar government spending spree of 2009 and 2010 has caused this debt bubble to worsen. It includes, $ 14 trillion in U.S. government debt, $80 trillion in U.S. government unfunded liabilities and $ 34 trillion in personal debt. Government debt can crash our economy, like Greece.
To make things worse, federal and state government operations cost structures are 50% too high. Pension plans for government employees, delivering a defined benefit equal to full salary for 20 years of service are unsustainable. These Pension plans can be terminated and replaced by defined contribution plans like the rest of us have. Government must be rolled back to abandon half of what it is attempting to take over and control.
The Aftershock debt crash can’t be far away. Greece is providing us with a preview. U.S. Federal government debt is nearing $14 trillion, the same as our annual GDP, just like Greece. This year the Federal Reserve had to buy U.S. Treasury Notes because we didn’t have enough buyers for these Notes, just like Greece. The inflation this will cause will rival the 1983, 13% mortgage interest rates we paid and the 10% return we got on our fixed income savings and retirement accounts. Government spending will necessarily be lowered to meet expected revenue. The burst of this bubble should end government deficits, bloated operating costs and end the increases we’ve seen in the National Debt. The U.S. Federal Government must cut its spending by $1 trillion per year, now.
With government budgets cut 30-50%, stated unemployment will expand to 15% (30% real unemployment) . The stock market will tank, again, on its own; it is its own bubble. The Aftershock is a multiple bubble burst, not a correction, there will be no upturn until the borrowed, printed, inflated dollars have worked their way through the system. Inflation will be 10% making our dollars worth 10% less every year. Having given away all of our manufacturing, the U.S. will have no economic engine to stop the decade after decade decline in U.S. economic activity. Illegal immigration will decline as government employee layoffs increase, but after Mexico crashes, it will surge, so we better have the border closed. U.S. GDP could stall and slide back to $10 trillion a year. The U.S. government should begin ads for us to buy U.S. Savings Bonds, like it did in World War II as the only way to find enough Treasury Note buyers to fund the National Debt. However, you shouldn’t expect any of us to buy these with less than a 7% annual return. The U.S. government is headed for a BBB rating.
In this environment, it’s unconscionable to consider anything that will increase costs. It’s not a good time to propose the Cap & Trade or Card Check scams or more subsidies for government employees, healthcare, education, foreign aid or anything else. It would be suicide to create a carbon tax that will double our energy bills every year for the next several years. It would be homicide to cripple any more organizations with union parasites. It would be treason to not close the Mexican border and allow illegal immigrants to stay.
Half of our tax dollars have been wasted for decades and now that we don’t have the money to fund that half; it’s time to cut all government budgets by 50%.
Wednesday, June 30, 2010
Friday, June 4, 2010
Make the Case for Republicans
Our overwhelming concern is the pending double-dip next Meltdown to deal with global government insolvency and currency debasement. We believe we are entering a protracted period where unemployment will rise to 30% and inflation and interest rates will reach 15% annually. We believe this will become the new normal and will persist for decades. It will ramp up like 1979 to 1983. Saying our grandchildren will pay for this debt is inaccurate. We will pay for it by 2016. Gee Whiz tax cut proposals will not be enough. We need serious 50% government spending reductions.
If we are successful and we regain control of the House and Senate this November, we will need an immediate aggressive effort to avert financial disaster. We need your foot on the throat of the Fed. 1000% inflation is not an option. We need to make our goals clear and radically conservative, or we will not succeed. We believe government spending, miss-the-mark legislation and the failure to enforce our immigration laws are at the heart of the problem. Ronald Reagan is right again, government is the problem.
Republicans failed to prevent the 2008 Meltdown. How did this happen ? How did Democrats continue to protect Fannie and Freddie prior to 2006, when Republicans held majorities ? How did the Bush Administration fall error to believing that poor families and individuals could and should purchase homes they could not afford ? How did Republicans not know that bad loans were being written ? Why is it that Ron Paul was the only Republican who got it right on excessive government spending ?
It is true that since 2008, Republicans in the House and Senate have opposed the myriad of bad Bail-Outs, useless Stimulus, bad Health Reform, bad Finance Reform, bad Tax Increases, and other schemes that have resulted in this 2nd Great Depression. Republicans continue to reject the global warming hoax, Cap & Trade, Card Check and Amnesty bills pushed by the Democrats.
Bail-Outs were not due to a legitimate liquidity problem, they were due to granting bad home loans. Instead of bail-outs, those large financial institutions should have been left to declared bankruptcy.
Republicans should remind voters that they have voted NO on all the bad, dangerous and disastrous bills the Democrats have proposed and passed, but first, voters need to hear the Republican port-mortem view of errors made and reasons for these errors. We need to know that not just Ron Paul, but all Republicans “get it”.
I have not heard much straight-talk explaining precisely what Republican Politicians believe occurred to produce the 2008 Meltdown and what needs to be done now.
Publish More Republican Bills
Health Reform Repeal and Replacement. We like Ron Paul’s bills. If all Republicans sign on to these and publicize it, we will win more seats in November 2010. If we pass these, we can avert disaster in 2014.
Financial Reform Repeal and Replacement. We need repeal and replace bills for this that is as clear as Ron Paul’s Health Reform plan. We need to close Fannie, Freddie, repeal the Community Reinvestment Act and kill HUD regulations
Cut Government Spending by 50%
1. We need Republican bills that would cut government spending immediately with a 20% reduction of all government budgets for 2010 and beyond.
2. Reset Projected Government Budgets to 2020. Set annual limits on government spending to not exceed actual projected tax revenue income. The projected U.S. government budgets must be limited to $2.6 trillion. Place limits on government spending to treat the National Debt like a home mortgage. Limit it to 28% of projected tax revenue income.
3. Set a target to cut the National Debt in half, from $14 trillion to $7 trillion and set aside $300 billion a year to pay principle. Reduce the Debt Ceiling each year.
4. Immigration Enforce current law. Close the border, tighten visas and deport all illegal aliens. Jobs now held by 16 million illegal aliens should go to unemployed U.S. citizens.
5. Manufacturing. Propose strategies to return manufacturing and product development to the U.S. Without it, we cannot grow our way out of this debacle.
6. Cap & Trade. We must overwhelmingly declare that the global warming theory is a hoax. We must clearly state our opposition to Cap & Trade as a money-making scam. We must promise to oppose it because implementing it will damage our economy. Further, we should declare that carbon is not a pollutant the EPA should try to regulate . Wind and solar need to be able to compete with nuclear and coal at 2 cents/kwh. before we force utilities to invest in it.
7. Audit the Fed. We believe the Fed has purchased that part of our debt we couldn’t sell to the Chinese. We also believe the Fed will debase the currency to pay for the Obama spending spree.
8. U.S. Credit Rating. We believe the U.S. credit rating is already BBB and the dollar is no longer a “safe haven”. We are all scrambling to protect ourselves from your debt default.
9. U.S. Federal Departments will need to be eliminated and consolidated and staffs cut along with their charter. The era of curious, meddling on the fringes and nosey government has ended. Regulations will need to be real and focused, not diffuse and meaningless like we have today. It is not governments’ role to monitor the law-abiding. Look at redoing all the regulations aimed at the real harmful stuff. There is no need for earmarks, funding meaningless academic projects, supporting the arts, foreign countries, unaccountable global groups or terrorists. Foreign aid must be reduced by 80%.
If we are successful and we regain control of the House and Senate this November, we will need an immediate aggressive effort to avert financial disaster. We need your foot on the throat of the Fed. 1000% inflation is not an option. We need to make our goals clear and radically conservative, or we will not succeed. We believe government spending, miss-the-mark legislation and the failure to enforce our immigration laws are at the heart of the problem. Ronald Reagan is right again, government is the problem.
Republicans failed to prevent the 2008 Meltdown. How did this happen ? How did Democrats continue to protect Fannie and Freddie prior to 2006, when Republicans held majorities ? How did the Bush Administration fall error to believing that poor families and individuals could and should purchase homes they could not afford ? How did Republicans not know that bad loans were being written ? Why is it that Ron Paul was the only Republican who got it right on excessive government spending ?
It is true that since 2008, Republicans in the House and Senate have opposed the myriad of bad Bail-Outs, useless Stimulus, bad Health Reform, bad Finance Reform, bad Tax Increases, and other schemes that have resulted in this 2nd Great Depression. Republicans continue to reject the global warming hoax, Cap & Trade, Card Check and Amnesty bills pushed by the Democrats.
Bail-Outs were not due to a legitimate liquidity problem, they were due to granting bad home loans. Instead of bail-outs, those large financial institutions should have been left to declared bankruptcy.
Republicans should remind voters that they have voted NO on all the bad, dangerous and disastrous bills the Democrats have proposed and passed, but first, voters need to hear the Republican port-mortem view of errors made and reasons for these errors. We need to know that not just Ron Paul, but all Republicans “get it”.
I have not heard much straight-talk explaining precisely what Republican Politicians believe occurred to produce the 2008 Meltdown and what needs to be done now.
Publish More Republican Bills
Health Reform Repeal and Replacement. We like Ron Paul’s bills. If all Republicans sign on to these and publicize it, we will win more seats in November 2010. If we pass these, we can avert disaster in 2014.
Financial Reform Repeal and Replacement. We need repeal and replace bills for this that is as clear as Ron Paul’s Health Reform plan. We need to close Fannie, Freddie, repeal the Community Reinvestment Act and kill HUD regulations
Cut Government Spending by 50%
1. We need Republican bills that would cut government spending immediately with a 20% reduction of all government budgets for 2010 and beyond.
2. Reset Projected Government Budgets to 2020. Set annual limits on government spending to not exceed actual projected tax revenue income. The projected U.S. government budgets must be limited to $2.6 trillion. Place limits on government spending to treat the National Debt like a home mortgage. Limit it to 28% of projected tax revenue income.
3. Set a target to cut the National Debt in half, from $14 trillion to $7 trillion and set aside $300 billion a year to pay principle. Reduce the Debt Ceiling each year.
4. Immigration Enforce current law. Close the border, tighten visas and deport all illegal aliens. Jobs now held by 16 million illegal aliens should go to unemployed U.S. citizens.
5. Manufacturing. Propose strategies to return manufacturing and product development to the U.S. Without it, we cannot grow our way out of this debacle.
6. Cap & Trade. We must overwhelmingly declare that the global warming theory is a hoax. We must clearly state our opposition to Cap & Trade as a money-making scam. We must promise to oppose it because implementing it will damage our economy. Further, we should declare that carbon is not a pollutant the EPA should try to regulate . Wind and solar need to be able to compete with nuclear and coal at 2 cents/kwh. before we force utilities to invest in it.
7. Audit the Fed. We believe the Fed has purchased that part of our debt we couldn’t sell to the Chinese. We also believe the Fed will debase the currency to pay for the Obama spending spree.
8. U.S. Credit Rating. We believe the U.S. credit rating is already BBB and the dollar is no longer a “safe haven”. We are all scrambling to protect ourselves from your debt default.
9. U.S. Federal Departments will need to be eliminated and consolidated and staffs cut along with their charter. The era of curious, meddling on the fringes and nosey government has ended. Regulations will need to be real and focused, not diffuse and meaningless like we have today. It is not governments’ role to monitor the law-abiding. Look at redoing all the regulations aimed at the real harmful stuff. There is no need for earmarks, funding meaningless academic projects, supporting the arts, foreign countries, unaccountable global groups or terrorists. Foreign aid must be reduced by 80%.
Monday, May 17, 2010
Fantasy Island
Government gets it wrong, on purpose. They fabricate crises based on fantasies to enrich their friends and hand you the bill (think: River City’s gotta have a boys band). This doesn’t include every politician and every government employee, but Democrats are clearly the party pushing these flimflam schemes. Democrats are American Socialists. Socialists have been infiltrating our government for decades and they have found a home in the Democrat Party. They have tentacles reaching into every department and agency their conspiracy can infect. Once in, they only hire their own kind to ensure the continuation of their dream to turn the U.S. into a full blown socialist republic with a one party system. Think USSR. We’re almost there.
Their strategy is as bold as it is devious and insidious. They take the long view and started to implement their plan in 1913 with the creation of the Federal Reserve and the income tax. They have fielded political candidates since the 1880s and have put Woodrow Wilson, Teddy Roosevelt, Franklin Roosevelt, Lyndon Johnson and Barack Obama in the White House. Their rouse is to pledge to fight for the “little guy”, while taking massive campaign contributions from the “big guys”.
Socialist Democrats are more relentless than Michael Myers; just when you think he’s dead, he comes back to life. They make up phony crises and create real crises, so they can advance the role of government to expand its strangle-hold on us and our economy. Because big government politicians can give big businesses monopoly power in exchange for scandalous amounts of cash, the collusion to do this is inevitable.
Our current gang of American Socialists in Washington invented the global warming hoax over the past two decades and have lately been trying to pass Cap & Trade. They want us to believe that man-made carbon releases will cause global warming with polar ice melting, causing 20 foot sea rises and a total collapse of our sea currents heralding a new ice age. The EPA decided that carbon is a pollutant, so they are ready in case we lose too many Socialists from the Legislature to pass it. Carbon in CO2 is not a Pollutant. It is a way for crooks like Al Gore and other global socialists to get rich brokering carbon credit trades and doubling our electric bills annually for a while. First, there is no global warming. The earth’s climate operates in cycles; it warms and cools on its own. That’s why we don’t rename Greenland every few hundred years; it will freeze over and then thaw. If we allow government to tax carbon, our electric bills will increase 5 fold and our economy will collapse as all businesses move overseas to countries who thumb their noses at carbon capture (think India, China, etc.).
Government has a long history of springing hoaxes and doing damage. DDT (banned in 1972) harms nothing but mosquitoes. But our Progressive govern-ocrats banned it in a panic ignited by environmentalists, causing the deaths of 500.000 malaria victims in third-world countries. Margaret Sanger would have been proud that her genocidal view of socialism was still being practiced. When abortion became legal I’m sure she danced in her grave.
The 2008 Meltdown is traceable back to the 1993 Community Reinvestment Act, requiring banks to lend to non-creditworthy borrowers, The Federal Reserve then imposed low interest rates and a declining dollar designed to push prices up. Barney Frank and Chris Dodd personally protected Fanny & Freddy, who offered to buy all these bad mortgages, so they could be bundled into toxic securities. Wall Street jumped into the game and after a couple of decades the bubble broke and $50 trillion went down the toilet. Everybody was happy. Poor people got to live in real houses for a while and nobody responsible for this scam got punished. It did result in crashing our economy and ensuring 20% unemployment for the next decade.
Most of the “growth” in our economy since we off-shored manufacturing is attributable to foreign investment, unnecessary services, financial scams and 4% annual increases in the money supply, imposed by the Fed to devalue the dollar and make us think we are making progress. We entered the Information Age and the information wasn’t good; it was the off-shoring of all our wealth producing manufacturing jobs. Our current service economy merely transfers money around; it doesn’t add value.
We need to vote Democrats out of office, cut government spending by 50% and return manufacturing to the U.S. or we will destroy our economy.
Their strategy is as bold as it is devious and insidious. They take the long view and started to implement their plan in 1913 with the creation of the Federal Reserve and the income tax. They have fielded political candidates since the 1880s and have put Woodrow Wilson, Teddy Roosevelt, Franklin Roosevelt, Lyndon Johnson and Barack Obama in the White House. Their rouse is to pledge to fight for the “little guy”, while taking massive campaign contributions from the “big guys”.
Socialist Democrats are more relentless than Michael Myers; just when you think he’s dead, he comes back to life. They make up phony crises and create real crises, so they can advance the role of government to expand its strangle-hold on us and our economy. Because big government politicians can give big businesses monopoly power in exchange for scandalous amounts of cash, the collusion to do this is inevitable.
Our current gang of American Socialists in Washington invented the global warming hoax over the past two decades and have lately been trying to pass Cap & Trade. They want us to believe that man-made carbon releases will cause global warming with polar ice melting, causing 20 foot sea rises and a total collapse of our sea currents heralding a new ice age. The EPA decided that carbon is a pollutant, so they are ready in case we lose too many Socialists from the Legislature to pass it. Carbon in CO2 is not a Pollutant. It is a way for crooks like Al Gore and other global socialists to get rich brokering carbon credit trades and doubling our electric bills annually for a while. First, there is no global warming. The earth’s climate operates in cycles; it warms and cools on its own. That’s why we don’t rename Greenland every few hundred years; it will freeze over and then thaw. If we allow government to tax carbon, our electric bills will increase 5 fold and our economy will collapse as all businesses move overseas to countries who thumb their noses at carbon capture (think India, China, etc.).
Government has a long history of springing hoaxes and doing damage. DDT (banned in 1972) harms nothing but mosquitoes. But our Progressive govern-ocrats banned it in a panic ignited by environmentalists, causing the deaths of 500.000 malaria victims in third-world countries. Margaret Sanger would have been proud that her genocidal view of socialism was still being practiced. When abortion became legal I’m sure she danced in her grave.
The 2008 Meltdown is traceable back to the 1993 Community Reinvestment Act, requiring banks to lend to non-creditworthy borrowers, The Federal Reserve then imposed low interest rates and a declining dollar designed to push prices up. Barney Frank and Chris Dodd personally protected Fanny & Freddy, who offered to buy all these bad mortgages, so they could be bundled into toxic securities. Wall Street jumped into the game and after a couple of decades the bubble broke and $50 trillion went down the toilet. Everybody was happy. Poor people got to live in real houses for a while and nobody responsible for this scam got punished. It did result in crashing our economy and ensuring 20% unemployment for the next decade.
Most of the “growth” in our economy since we off-shored manufacturing is attributable to foreign investment, unnecessary services, financial scams and 4% annual increases in the money supply, imposed by the Fed to devalue the dollar and make us think we are making progress. We entered the Information Age and the information wasn’t good; it was the off-shoring of all our wealth producing manufacturing jobs. Our current service economy merely transfers money around; it doesn’t add value.
We need to vote Democrats out of office, cut government spending by 50% and return manufacturing to the U.S. or we will destroy our economy.
Saturday, May 15, 2010
Socialists & Sociopaths
Liberal American Socialists want the federal government to totally take over water, air, environmental regulations, healthcare, banking, lending, energy, aid to the poor and transportation. They want to create global governance of the environment and banking so they can usurp American sovereignty. Their strategy is incremental activism, with great acceleration of liberty-robbing legislation when they have a Democrat majority. Their solutions involve assuming control during “emergencies” they created. They are committed to the relentless pursuit of enslaving and controlling us. The problem is that their solutions are far more expensive and intrusive than the majority of voters will probably allow. They could hardly wait to absorb dominion over the young, health and uninsured, because these folks openly ignored them. Now they want to tell them what to eat and when to exhale.
The voting base for the American Socialists comes largely from hapless Christians and Jews who buy in to Democrat politicians’ rhetoric about helping the poor everywhere. These folks ignore the fact that the federal government’s pending debt and unfunded liabilities will soon be greater than the entire wealth and property owned by private citizens; after $100 trillion, we’re done. Private citizens ignore the danger they face in losing all their savings and personal property because it hasn’t happened yet.
The sociopaths are the recipients of the Socialist Democrats largesse. They are quick to march in protest that their free stuff might be in danger of being eliminated. Just like in Greece, the rioters will be those on the take. It worked in the 1960s when blacks rioted in large cities and the politicians caved to squander billions of dollars on Johnson’s War on Poverty. Now illegal aliens are protesting in the streets and in the media demanding amnesty. They holler “racist” and politicians go into a coma.
I urge you to rent the 1971 movie A Clockwork Orange by Stanley Kubrick. It predicts how Liberals would cripple the judicial system to let gangs of murderers run free to create more havoc. The federal governments’ refusal to close the borders and enforce current immigration laws is our current case in point. Illegal aliens are demanding amnesty they describe as “comprehensive immigration”. For Orwell fans, this is new-speak for amnesty. If our current immigration laws are replaced by amnesty, millions more will stream over the border to sign up for our government social welfare systems. Our only hope is to actively enforce our current immigration laws.
The voting base for the American Socialists comes largely from hapless Christians and Jews who buy in to Democrat politicians’ rhetoric about helping the poor everywhere. These folks ignore the fact that the federal government’s pending debt and unfunded liabilities will soon be greater than the entire wealth and property owned by private citizens; after $100 trillion, we’re done. Private citizens ignore the danger they face in losing all their savings and personal property because it hasn’t happened yet.
The sociopaths are the recipients of the Socialist Democrats largesse. They are quick to march in protest that their free stuff might be in danger of being eliminated. Just like in Greece, the rioters will be those on the take. It worked in the 1960s when blacks rioted in large cities and the politicians caved to squander billions of dollars on Johnson’s War on Poverty. Now illegal aliens are protesting in the streets and in the media demanding amnesty. They holler “racist” and politicians go into a coma.
I urge you to rent the 1971 movie A Clockwork Orange by Stanley Kubrick. It predicts how Liberals would cripple the judicial system to let gangs of murderers run free to create more havoc. The federal governments’ refusal to close the borders and enforce current immigration laws is our current case in point. Illegal aliens are demanding amnesty they describe as “comprehensive immigration”. For Orwell fans, this is new-speak for amnesty. If our current immigration laws are replaced by amnesty, millions more will stream over the border to sign up for our government social welfare systems. Our only hope is to actively enforce our current immigration laws.
Friday, May 14, 2010
California Dreamin'
We like illegal immigration, it’s just a bad time right now.
If half of California’s $20 billion deficit is due to the costs of hosting illegal aliens, we should fire all of them and let them deport themselves for a while, until we have the border closed and the H2b work visa system ready to take applications. We should outsource jailing Mexican inmates back to Mexico to save some money and put them closer to their families. If they had children born in the U.S., we should rescind their citizenship so the whole family can be Mexican citizens. In the meantime, we can hire the 20% unemployed to replace the illegal immigrants.
We can cut the other $10 billion by converting the California government employees’ pension plans to defined contribution 401k type plans like the rest of us have.
If half of California’s $20 billion deficit is due to the costs of hosting illegal aliens, we should fire all of them and let them deport themselves for a while, until we have the border closed and the H2b work visa system ready to take applications. We should outsource jailing Mexican inmates back to Mexico to save some money and put them closer to their families. If they had children born in the U.S., we should rescind their citizenship so the whole family can be Mexican citizens. In the meantime, we can hire the 20% unemployed to replace the illegal immigrants.
We can cut the other $10 billion by converting the California government employees’ pension plans to defined contribution 401k type plans like the rest of us have.
Thursday, May 13, 2010
If the Nazis had won
I’m sure, if the Nazis had won World War II, some crazy, radical, right-wing, conservative, Germans would be objecting to the continued gassing of Jews and the murder of handicapped children, but the government doesn’t listen and life would go on. We won World War II, but somehow lost control of our elected and unelected government officials. They decided to make murdering the unborn legal, make illegal aliens legal and prayer illegal, but life goes on. Our elected monsters haven’t finished yet, but every time they get a chance, they move like a wildfire. Their goal is to control every aspect of our lives along with all global wealth.
We can no longer afford to elect Liberal, Socialist, Progressives to office, or allow them to be appointed to government policy-making positions. They have been destroying our Constitution since 1900 and want to replace it with their power over us. They know it will take bankrupting the country to distract us enough so they can really take over. They don’t believe in God, so they don’t believe in inalienable rights; the think the Constitution is a joke and we are protoplasm. Now they go through the façade and pretend to defend the Constitution and swear to it with their hand on the Bible, but they can’t wait until they can discard these mythological trappings.
We can no longer afford to elect Liberal, Socialist, Progressives to office, or allow them to be appointed to government policy-making positions. They have been destroying our Constitution since 1900 and want to replace it with their power over us. They know it will take bankrupting the country to distract us enough so they can really take over. They don’t believe in God, so they don’t believe in inalienable rights; the think the Constitution is a joke and we are protoplasm. Now they go through the façade and pretend to defend the Constitution and swear to it with their hand on the Bible, but they can’t wait until they can discard these mythological trappings.
Wednesday, May 12, 2010
Unions & Communism
Ever since the American Communist Party linked up with trade unions to create the “workers’ paradise”, the Ideological link between them never waned. In 1917 American Communists got excited about the Marxist Revolution in Russia. The leaders of the American Communists included Ivy League intellectuals, authors, playwrights, eugenicists, and all Progressives, who had read the Communist Manifesto by Karl Marx (Pub 1848), agreed with him and worked in groups of like-minded radicals to establish communism in America. Marx believed Socialism would replace Capitalism. In Russia, the strategy was to pit the ‘have-nots’ against the ‘haves’, and there were a lot more ‘have-nots’. They were angry about World War I and eager to blame the Czar. A “workers’ paradise” sounded good to them after the Bolshevik thugs explained that joining the communist party would improve their health . The end result was the flight of capital from Russia that never returned. Nobody would invest money in the USSR, because their government took ownership of all private property and enterprises. The American Communist Party was formed in the 1920s and began to support candidates for political office to both parties.
American Unions, representing skilled trades, had been formed and disbanded during economic recessions since the early 1800s. Karl Marx began writing for the New York Daily Tribune in 1852. In the 1880s the Knights of Labor formed for producers of goods and their managers. The AFL formed later in the 1880s but included only workers and excluded managers. By 1924, with the formation of the CIO, strikes became the weapon of choice. Their playbook included extortion, intimidation and violence, but they insisted they were fighting for their “rights”. The mafia fit right in; they took over unions and began recruiting politicians. What unions became was the American companies’ un-caged pet rattlesnakes. Being suspicious of power is healthy, but having a union is like blowing off your own knee cap. Companies cannot serve customers well unless they work as a team and the continuation of unions relies on distrust and class warfare in the ranks.
From the 1930s through the 1960s, the coalition of Communists, Union Leaders, Progressive Politicians, Marxist Intellectuals and Mafia Chieftains built the government infrastructure to institutionalize unions’ role in politics and legislation. In the 1960s Progressive Politicians turned on the Mafia, but retained their tactics. In the 1970s large American companies discovered they could move their production operations overseas and began to globalize; this trend continued throughout the 1980s through the 2000s.
The power we need to be suspicious of today is the cabal of Progressive government, banking, finance and global interlopers like the U.N. the E.U. the IMF, the Fed, the environmentalists and all those lined up to profit from the current scams this cabal promotes. Their goal is to move America closer to becoming a Socialist Republic, controlled by the Progressive Elites. The role of the unions in this plot is the same as the Bolsheviks in the Russian revolution. They are the same as the ‘brown shirts’ during the Nazi take-over of Germany. They are there to foment class-warfare, to separate workers and managers. This will cripple companies; they will lose focus on customers and begin their decline. The government will then step in and take over these companies. Next, the government will seize all private property to continue the redistribution of wealth. Like Russia, capital will flee the U.S., as hyperinflation destroys the dollar.
Unions can survive in land-locked monopolies like the Postal Service, public schools, utilities and government. They are monopolies, so delivering value and customer service are not critical. All of these monopolies are regulated to death, so efficiency isn’t worth much either. The increasing cost of these monopolies will accelerate as they work with their hand-picked Legislators to ensure unlimited government funding for their members.
American Unions, representing skilled trades, had been formed and disbanded during economic recessions since the early 1800s. Karl Marx began writing for the New York Daily Tribune in 1852. In the 1880s the Knights of Labor formed for producers of goods and their managers. The AFL formed later in the 1880s but included only workers and excluded managers. By 1924, with the formation of the CIO, strikes became the weapon of choice. Their playbook included extortion, intimidation and violence, but they insisted they were fighting for their “rights”. The mafia fit right in; they took over unions and began recruiting politicians. What unions became was the American companies’ un-caged pet rattlesnakes. Being suspicious of power is healthy, but having a union is like blowing off your own knee cap. Companies cannot serve customers well unless they work as a team and the continuation of unions relies on distrust and class warfare in the ranks.
From the 1930s through the 1960s, the coalition of Communists, Union Leaders, Progressive Politicians, Marxist Intellectuals and Mafia Chieftains built the government infrastructure to institutionalize unions’ role in politics and legislation. In the 1960s Progressive Politicians turned on the Mafia, but retained their tactics. In the 1970s large American companies discovered they could move their production operations overseas and began to globalize; this trend continued throughout the 1980s through the 2000s.
The power we need to be suspicious of today is the cabal of Progressive government, banking, finance and global interlopers like the U.N. the E.U. the IMF, the Fed, the environmentalists and all those lined up to profit from the current scams this cabal promotes. Their goal is to move America closer to becoming a Socialist Republic, controlled by the Progressive Elites. The role of the unions in this plot is the same as the Bolsheviks in the Russian revolution. They are the same as the ‘brown shirts’ during the Nazi take-over of Germany. They are there to foment class-warfare, to separate workers and managers. This will cripple companies; they will lose focus on customers and begin their decline. The government will then step in and take over these companies. Next, the government will seize all private property to continue the redistribution of wealth. Like Russia, capital will flee the U.S., as hyperinflation destroys the dollar.
Unions can survive in land-locked monopolies like the Postal Service, public schools, utilities and government. They are monopolies, so delivering value and customer service are not critical. All of these monopolies are regulated to death, so efficiency isn’t worth much either. The increasing cost of these monopolies will accelerate as they work with their hand-picked Legislators to ensure unlimited government funding for their members.
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