Saturday, July 19, 2014

Obama's Revenge

Obama's Revenge
by Norman E. Hooben

Barack Obama’s hatred* of Winston Churchill stems from how Churchill portrayed Muslims in the book The River War written in 1899.  One could come to this conclusion because of the overwhelming support for all things Islam (especially the Sunni sect) by Mr. Obama, and the apologetic disdain of all things American or British.  An excerpt from The River War describes Churchill observances:

How dreadful are the curses which Mohammedanism lays on its votaries! Besides the fanatical frenzy, which is as dangerous in a man as hydrophobia in a dog, there is this fearful fatalistic apathy. The effects are apparent in many countries. Improvident habits, slovenly systems of agriculture, sluggish methods of commerce, and insecurity of property exist wherever the followers of the Prophet rule or live. A degraded sensualism deprives this life of its grace and refinement; the next of its dignity and sanctity. The fact that in Mohammedan law every woman must belong to some man as his absolute property – either as a child, a wife, or a concubine – must delay the final extinction of slavery until the faith of Islam has ceased to be a great power among men. Thousands become the brave and loyal soldiers of the Queen: all know how to die: but the influence of the religion paralyses the social development of those who follow it. No stronger retrograde force exists in the world. Far from being moribund, Mohammedanism is a militant and proselytizing faith. It has already spread throughout Central Africa, raising fearless warriors at every step; and were it not that Christianity is sheltered in the strong arms of science, the science against which it had vainly struggled, the civilisation of modern Europe might fall, as fell the civilisation of ancient Rome.

Obviously Obama disapproved of what he thought a grave degradation of Islam even though the depiction in the eyes of a westerner would agree with Churchill’s assessment (to expound further on this point would have to wait another time…suffice it to say that a child reared in the Islamic culture is polar opposite of one reared in the Judeo-Christian west).  The renunciation of the above description angered Obama sufficiently enough that he sent back to the British Embassy a gift (a bust of Sir Winston Churchill) which was on loan to the White House since 2001.  Even though the media learned of this insult to the British, Obama denied that it ever happened.  Only when the British Ambassador confirmed the return did the White House (Obama) retract the lie.

Well it was not only Churchill who described the mid-easterners as less than human.  In an interview with Ukrainian born (also an American citizen) Prime Minister of Israel, Golda Meir, in 1972 she was asked, “What do you think of this war and the men who are conducting it?  Of Arafat, for instance, of Habash, of the Black September leaders?”  Meir replies,

“I simply think they're not men. I don't even consider them human beings, and the worst thing you can say of a man is that he's not a human being. It's like saying he's an animal, isn't it? But how can you call what they're doing "a war"?  Don't you remember what Habash said when he had a bus full of Israeli children blown up? "It's best to kill the Israelis while they're still children." Come on, what they're doing isn’t a war. It's not even a avant-garde movement because a movement that only wants to kill can't be called revolutionary.”

So if the worst thing you can say of a Muslim that he’s not a human being; by deductive reasoning Meir would not be in good standing with Obama.  But what if a Muslim leader agreed with the west’s conception of Islam…in fact this Muslim leader was quite emphatic when he said the following:

“Today we are the poorest, the most illiterate, the most backward, the un-healthiest, the most un-enlightened, the most deprived, and the weakest of the entire human race.”

Wow!  Strong straight forward observations from a leader who obviously was educated independently of Islam with the ability recognize the difference between civility and cultural backwardness.  Back in 2002 Pakistani President Pervez Musharraf said that Islamic countries will remain backward unless they concentrate more on scientific and technological development.  He also added, “Muslim nations are internally involved in fratricidal conflicts (i.e. Sunni vs Shiite) and perceived by the outside world as terrorists with little attention given on their uplift.”

Obama was not living in the White House in 2002 but like an elephant he never forgets.  Only 3 days into his presidency Obama launches a devastating drone attack on Pakistan killing up to ten people.  Now five years later the drone attacks continue and the cumulative total of 2,400 including civilians are counted among the dead.  Former President Bush said, “Don’t mess with Texas.”…he should have said, “Don’t mess with Obama.”

By the way…none of this was reported on your 6 o’clock news by the main stream media and neither was the Churchill fiasco even when the bust was returned toWashington…not to the White House, but to the U.S. Capitol Building under a ceremonial cloud. ~ Norman E. Hooben

*Purely specualtion on my part
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Friday, July 18, 2014

War is hell...especially for the children. They only die twice!

Those poor children...first they are killed in Syria and they somehow have repeat the process in Gaza.

Source
Obviously the pictures are used for propaganda purposes and more importantly to place blame where it does not necessarily belong.  Assad did not kill these children and neither did the Israelis but the Obama regime would like you to believe otherwise. 
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Hey, I don't want you to get overly concerned about about all this Muslim stuff, you know, like Sharia and other strange words you never heard of...well you're not going to listen to me anyhow so why don't you watch the disconcerning video so that when they come knocking at your door you'll know what to expect...America is next in line so you might as well be prepared.
 

The Worse Is Yet To Come

“Chicano is our identity. It defines who we are as a people. We reject the notion that we should assimilate into the White Anglo-American melting pot.”
 

The following from The Examiner
Why Julian and Joaquin Castro could be worse than Fidel and Raul
By Josh Bernstein

While most Americans are celebrating Memorial Day Weekend and giving thanks to those that sacrificed their lives for freedom and liberty, the President just nominated a cabinet member who if confirmed by the Senate could one day possibly be more of a threat to freedom and liberty than The President himself.

That man is current Mayor of San Antonio Julian Castro. Why did the President nominate this man to become our next Housing and Urban Development Secretary? Why is he so dangerous? Who is Julian Castro?

Julian Castro, along with his twin brother Joaquin have been born and bred to be Socialist Revolutionaries by their radical activist mother, Rosie. Their mother was a well known radical leftist community organizer in Texas in the 1970’s.

Their mother was one of the original founders of one of the most radical separatist groups in the world, The National Council of La Raza. La Raza literally means, “the race.”

On the surface this organization seems like as they say on their own website a non-partisan community outreach group. They claim there main focus is to improve the health, well being, and education of Hispanic Americans. But, just like the Council of Islamic Relations, which claims almost the same things but for Muslims, there hides a shadowy past and a true objective.

The NCLR is one of the largest open border advocacy groups in America. They oppose any type of immigration control and are a huge lobbying force in Washington, DC. The NCLR has spent millions and millions of dollars on get out the vote operations in all 50 states, and have given millions of tax payer funded dollars to most Democratic candidates and other Pro-Amnesty groups along with many pro-Amnesty Republicans.

But this alone is not the reason why they are so dangerous. It is the radical leftist front group known as “Movimiento Estudiantil Chicano de Aztlan or Mecha for short.

Mecha is an anti-American radical youth movement and the radical political arm of La Raza. Their main objective is to forcefully take parts of California, Arizona, New Mexico, and Texas away from the Southwest and create a new Country known as Aztlan.

Here is a statement from the group on the University of Oregon’s Mecha chapter website:

“Chicano is our identity. It defines who we are as a people. We reject the notion that we should assimilate into the White Anglo-American melting pot. Aztlan was the legendary homeland of the Aztecas. It became synonymous with the vast territories of the Southwest that were brutally stolen from the Mexican People. Aztlan belongs to those who plant the seeds, water the fields, and gather the crops, not to the foreign European invaders. We are Aztlan. For La Raza Todo, Fuera de La Raza nada.” The last ending sentence translates to, “For the race everything, for outside the race nothing.”

So what makes this man so dangerous?

Julian Castro and his twin brother Joaquin, born one minute apart and on Mexican Independence Day were raised to be revolutionaries literally from the moment they could walk and talk. Their bedtime stories were not Mother Goose stories or Nursery Rhymes; they were songs of revolution. They were taught by their activist mother that activism was the only way to make a difference. They were instilled with the values of separatism, racism, and anti-White hatred. Their mother even named Joaquin after a character in an anti-Gringo poem titled I am Joaquin.

Let’s take Julian Castro’s own words about his mother as proof:

“My mother’s rabble rousing and political activisms were like war cries ringing in my ears. She would say things like, Viva La Raza! Or Brown and Black unite! My mother’s fervor for activism was instilled in my brother and I at a very young age and has shaped and molded the people we are today.”

Nothing the left ever does is by accident or coincidence. This is what makes them so dangerous. This is why Barack Obama gave the key note speech at the 2004 Democratic National Convention. It is also why Julian Castro gave the Keynote speech at the 2012 Democratic National Convention. Their similarities are frightening. They both were raised by a single mother. They both went to Harvard Law School. They both shot up to prominence from relative obscurity. None of that is a coincidence.

So why was he appointed?

The reason I believe Julian Castro was appointed to be the Next HUD Secretary is because the Obama Administration knows privately that Hillary Clinton might not survive the Benghazi scandal. They needed a back up plan and they needed it fast. Julian Castro has been groomed along with his Congressman Brother to be the new radical baby faces of the Democratic Party. These two brothers if not exposed for their radical motives and ties will make Barack Obama look like Ronald Reagan.

At the very least Julian Castro could be the next Democratic Party’s Vice Presidential Nominee. He would be an Electoral College Godsend immediately putting in play every single swing state. These two brothers if allowed to run roughshod over America and the Constitution could do more damage to this Country than Fidel and Raul could ever dream of.

Julian Castro may seem to be a harmless, baby faced well spoken and charismatic young man to most but so was Ted Bundy. He and his Brother are power hungry ambitious closeted radicals just waiting to unleash their ideology on an unaware, unprepared, and battered down American populace.

Please help spread the word about these two and make folks aware of who they are and what they represent. If we allow the liberal media to define them we risk allowing another radical worse than Barack Obama to one day be president. Like the leftist media did with Obama they will surely do with Julian Castro. They will paint Conservatives as racists whenever we tried to expose a candidate’s radical ties, so we might as well ignore the attacks and expose the truth. If we don not expose them now America could soon be the next Country in the world ruled by two brothers named Castro.
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The natural progression of things to come under the Obama regime is depicted in the following video.

Don't say we didn't warn you!

Tuesday, July 15, 2014

161 Elm Street

The following from: Red Flag News

(By Michael Connelly, Constitutional Attorney) -- I have written extensively about the horrendous and ongoing efforts by the Veterans Administration to disarm American military veterans by declaring them incompetent to handle their financial affairs due to physical or mental disabilities. Once declared incompetent the veterans are arbitrarily stripped of their Second Amendment right to purchase, own, or possess a firearm.

This is all being done by broadening the definition of mental illness to the point of absurdity. Often with the VA there is no psychiatrist or psychologist involved in the determination of incompetence. Instead, some untrained bureaucrat reviews the file of the veteran and if they find any mention of PTSD or the use of the word depression they seize on that and make the declaration of incompetence. There is no legal adjudication process involved in this; the veterans have no right to due process as required by the Fifth Amendment to the Constitution. It is tyranny in its purest form.

Unfortunately, what the VA is doing is not new. The use of phony psychiatry has been a weapon of tyranny for decades. In dictatorships like Nazi Germany, the Soviet Union, Cuba, and China people who opposed the regime would be declared mentally ill and placed in psychiatric hospitals or internment camps. That way no charges had to be filed and no evidence offered that an individual had committed a crime.

For the Nazis it was initially a perfect way to deal with the Jews and other groups that they considered sub human. If you were Jewish you had to be mentally defective and therefore you could be put in a hospital and experimented on. It was the beginning of the holocaust.  In the Soviet Union anyone who was not a devout supporter of Communism was held in an institution and then often sent on to the Gulag where they could be worked and starved to death.

We have certainly not reached that point in the United States, but we have reached the point where the basic premise is the same. The VA is using declarations of mental illness to disarm veterans and there have been reports of states like California doing the same. If it’s happening to veterans now how long will it be before it starts happening to other American citizens?

Consider this; soon those stalwarts of integrity who run the IRS will have access to the medical records of every American. They will be able to review them to see if you have ever told a doctor that you were depressed, ever suffered from PTSD after the loss of a loved one or from being in an accident, or even suffered from some minor memory loss. Based on the criteria being used by the VA the IRS could declare you mentally defective and put you on the list of people that can’t legally purchase or own firearms.

You also have to consider the fact that one of the 23 so called executive actions on gun control Obama recently signed called for doctors to ask their patients if they owned a firearm. This is not just directed at psychiatrists, but at all physicians including pediatricians. In other words, if your child confesses that Mommy and Daddy have a gun in the house that could conceivably be considered the actions of mentally defective individuals and you could be disarmed. Once we are disarmed we cease to be citizens and become subjects.

Written by Michael Connelly, Constitutional Attorney 
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The following from National Review Online
‘We’re All Becoming Border States Now.’
Hundreds of illegal immigrant children reach . . . Massachusetts?
DARTMOUTH, Mass. Bristol County Sheriff Tom Hodgson said Monday that he’s dealing with a problem in Dartmouth that shouldn’t be his responsibility.
It’s not a new theme for him. He’s sounded the alarm about illegal immigrants before, but now he says it’s getting closer and closer to home.
Illegal immigrants come across the border in the American Southwest. When they are detained, the wave of humanity has overwhelmed local capacity. The illegal immigrants are being sent all over the country, including Massachusetts.
“We’re all becoming border states now. We want to know, what are the trends? What’s happening? What can we expect? We know there are going to be more coming here from Texas. We’ve already got two groups coming off the planes here,” Hodgson said.
It’s not just Bristol County; north of Boston in Essex County:
Lynn is a municipality on the brink. Key department officials say a recent influx of illegal immigrant children and families in the city is stressing almost every service from trash collection to healthcare.
“We have been aware of the unaccompanied children issue for quite a while, and we were able to absorb a lot of these children early on,” said Lynn Mayor Judith Flanagan Kennedy. “But now it’s gotten to the point where the school system is overwhelmed, our health department is overwhelmed, the city’s budget is being sustainably altered in order of accommodate all of these admissions in the school department.”
Flanagan Kennedy says the first contact for immigrant arrivals in the city is the school system.
The amount of new foreign born student admissions has nearly doubled in the last two years. This school year alone saw more than 600 new admissions. Among those students, 248 were from Guatemala. Flanagan Kennedy says of those 248 children, 126 were illegal, undocumented minors.
And apparently not all of them are actually under 18:
“Some of them have had gray hair and they’re telling you that they’re 17 years old and they have no documentation,” Jamie Cerulli, the Lynn mayor’s chief of staff, tells NRO. “If my children went to the public schools, I’d be very uncomfortable with all of these unaccompanied minors [that] are placed in the ninth grade.”
We have a lawless administration that is ignoring state governments:
Nebraskans are anxious to learn what Gov. Dave Heineman finds out about the approximately 200 children from Central America illegally being housed in the state.
Heineman tells Nebraska Radio Network affiliate KFAB in Omaha that this issue came as a surprise to him. Heineman says he immediately started making calls and learned that once the children leave the Department of Homeland Security they are handed over to the Department of Health and Human Services.
Heineman says he spoke with a key policy advisor with that department and asked who they were, where they were staying and who is paying their bill. He was told they have no intention of sharing any information with him.
“I can’t believe in America that we have a federal government who is essentially secretly transporting them to Nebraska, they are illegal immigrants, and they won’t tell us who they are,” Heineman tells KFAB.
Look, citizens of Honduras, Guatemala, and El Salvador. We thought our president would send this message to you, but apparently he’s too busy with his fundraisers, issuing statements on LeBron James signing with the Cavaliers, golfing with sportswriter Michael Wilbon Saturday, and looking forward to his Martha’s Vineyard vacation.
So somebody has to say this: You have to take care of your own kids. You may have heard us complaining that our federal government is becoming a nanny state, but we didn’t mean that our government is actually running a nanny service.
We understand that gang violence, drug cartels, and other criminals are making your countries terrible places to live. We’re really sorry to hear that. We’ve also given your government quite a bit of money to make life better down there. Honduras, we gave you $83 million in foreign aid in 2013. El Salvador, $46.8 million. Guatemala, $106 million. If the money wasn’t spent well, take it up with your government. Some of you might say that’s not enough, but we’re not obligated to give you anything. There are a hell of a lot of Americans who think that money could be better spent back here.
You have to fight to make your country a better place to live so that your fellow countrymen will want to stay there. We can’t fight your battles for you. In fact, this is a particularly bad time to ask. You may have heard, twice in the past 13 years we went into far-off countries with unstable governments and warlords and drugs, determined to give the oppressed locals a better future, we spent way too much in blood and treasure, the populace turned out to be a bunch of ingrates, and the local leadership ran the place into the ground.
Alternately, we can try the Semisonic “Closing Time” approach: You don’t have to go home but you can’t stay here. There are 202,000 square miles in Central America.
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"What country can preserve its liberties if their rulers are not warned from time to time that their people preserve the spirit of resistance.  Let them take arms." Thomas Jefferson to James Madison

The illegals are comming! The illegals are coming! Where's Paul Revere when you need him?

Remember when...
The British are coming!  The British are coming!
It all happened in Massachusetts but it now appears that Massachusetts no longer cares who is coming.

To my friends in Massachusetts...what I said on July 6th:
We all know what is going on at our southern border even though the main stream media tries to suppress the news...or maybe we all don't know because of such suppression, in any event we will all know sooner or later because this (see picture below) is coming to a town near you...correction! YOUR TOWN!
What happens 8 days later?
 
Sheriffs warn move may threaten safety
Sunday, July 13, 2014

Illegal immigrants are being secretly flown to Massachusetts and kept in local lockups in an under-the-radar operation that has alarmed lawmen who are raising health and security concerns amid recent spikes in detainees coming up from Texas during the latest border crisis.
“We’re all becoming border sheriffs now with these people being carted all over the country,” said Bristol County Sheriff Thomas M. Hodgson.
“The blame goes all the way up. It’s a travesty and people ought to be upset,” Hodgson said. “This is un-American and has raised the stakes to the public health and public safety threat.”
Hodgson said buses from his facility were recently used to transport six planeloads of illegals sent up from San Antonio to Hanscom Field in Bedford en route to the Plymouth County 
Correctional Facility.  ...continues, see Boston Herald here:


And lets not forget this ↓ (Note: Liberals don't want to publicize this.)

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The following has nothing to do with the subject of this post...just thought it was a nice song.
Listen to the lyrics...

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One of the problems associated with illegal immigrants coming from Mexico is it is compounded by an ignorant (and/or racist) electorate who elect agitators like these ↓ 

Monday, July 14, 2014

There's trouble a-brewing... Because the Lefties do not know what is going on!

The world is in a mess right now and it couldn't be more noticeable than right here in the U.S. of A.  Crisis after crisis has been the way of life like no other time in history and yet little is done nor do the American public seem to care.  The 'I don't care' attitude can certainly be blamed on the main stream media (MSM) for the lack of informing the public as they should.  But what are you going to do when MSM is behind most of the troubles that beset us...or at least they back the perpetrators that are causing the problems.  They say nothing negative about their hero Barack Obama, the biggest mistake in American history.  Not even the king of nightly prime time news, Bill O'Reilly will say anything bad about the king in the White House...he says, that he respects the office of the presidency... Give ne a break O'Reilly!  Its not the office that's destroying the country and the world, its the man behind the desk!  I could go on and on with all the problems that beset us but I would be here forever...no, I think the end would come before that!  For those on the Left that do not want to admit that Obama was One Big Ass Mistake America I posted the items below because I ran into a Leftie the other day and the conversation included most of what you see here and in each case the Leftie was completely unaware that any of this was going on...thanks to the MSM! ~ Norman E. Hooben
ps: None of this stuff is reported by the main stream media.

 
And while that is going on we have this:
A perfect storm of special interests have hijacked U.S. immigration law.
by Victor Davis Hanson

No one knows just how many tens of thousands of Central American nationals — most of them desperate, unescorted children and teens — are streaming across America’s southern border. Yet this phenomenon offers us a proverbial teachable moment about the paradoxes and hypocrisies of Latin American immigration to the U.S.
For all the pop romance in Latin America associated with Venezuela, Nicaragua, and Cuba, few Latinos prefer to immigrate to such communist utopias or to socialist spin-offs like Argentina, Bolivia, Ecuador, or Peru.
Instead, hundreds of thousands of poor people continue to risk danger to enter democratic, free-market America, which they have often been taught back home is the source of their misery. They either believe that America’s supposedly inadequate social safety net is far better than the one back home, or that its purportedly cruel free market gives them more opportunities than anywhere in Latin America — or both.
Mexico strictly enforces some of the harshest immigration laws in the world that either summarily deport or jail most who dare to cross Mexican borders illegally, much less attempt to work inside Mexico or become politically active. If America were to emulate Mexico’s immigration policies, millions of Mexican nationals living in the U.S. immediately would be sent home.
How, then, are tens of thousands of Central American children crossing with impunity hundreds of miles of Mexican territory, often sitting atop Mexican trains? Does Mexico believe that the massive influxes will serve to render U.S. immigration law meaningless, and thereby completely shred an already porous border? Is Mexico simply ensuring that the surge of poorer Central Americans doesn’t dare stop in Mexico on its way north?
The media talks of a moral crisis on the border. It is certainly that, but not entirely in the way we are told. What sort of callous parents simply send their children as pawns northward without escort, in selfish hopes of soon winning for themselves either remittances or eventual passage to the U.S? What sort of government allows its vulnerable youth to pack up and leave, without taking any responsibility for such mass flight?
Here in the U.S., how can our government simply choose not to enforce existing laws? In reaction, could U.S. citizens emulate Washington’s ethics and decide not to pay their taxes, or to disregard traffic laws, or to build homes without permits? Who in the pen-and-phone era of Obama gets to decide which law to follow and which to ignore?
Who are the bigots — the rude and unruly protestors who scream and swarm drop-off points and angrily block immigration authority buses to prevent the release of children into their communities, or the shrill counter-protestors who chant back “Viva La Raza” (“Long Live the Race”)? For that matter, how does the racialist term “La Raza” survive as an acceptable title of a national lobby group in this politically correct age of anger at the Washington Redskins football brand?
How can American immigration authorities simply send immigrant kids all over the United States and drop them into communities without firm guarantees of waiting sponsors or family? If private charities did that, would the operators be jailed? Would American parents be arrested for putting their unescorted kids on buses headed out of state?
Liberal elites talk down to the cash-strapped middle class about their illiberal anger over the current immigration crisis. But most sermonizers are hypocritical. Take Nancy Pelosi, former speaker of the House. She lectures about the need for near-instant amnesty for thousands streaming across the border. But Pelosi is a multimillionaire, and thus rich enough not to worry about the increased costs and higher taxes needed to offer instant social services to the new arrivals.
Progressives and ethnic activists see in open borders extralegal ways to gain future constituents dependent on an ever-growing government, with instilled grudges against any who might not welcome their flouting of U.S. laws. How moral is that?
Likewise, the CEOs of Silicon Valley and Wall Street who want cheap labor from south of the border assume that their own offspring’s private academies will not be affected by thousands of undocumented immigrants, that their own neighborhoods will remain non-integrated, and that their own medical services and specialists’ waiting rooms will not be made available to the poor arrivals.
Have immigration-reform advocates such as Mark Zuckerberg or Michael Bloomberg offered one of their mansions as a temporary shelter for needy Central American immigrants? Couldn’t Yale or Stanford welcome homeless immigrants into their now under-occupied summertime dorms? Why aren’t elite academies such as Sidwell Friends or the Menlo School offering their gymnasia as places of refuge for tens of thousands of school-age Central Americans?
What a strange, selfish, and callous alliance of rich corporate grandees, cynical left-wing politicians, and ethnic chauvinists who have conspired to erode U.S. law for their own narrow interests, all the while smearing those who object as xenophobes, racists, and nativists.
How did such immoral special interests hijack U.S. immigration law and arbitrarily decide for 300 million Americans who earns entry into America, under what conditions, and from where?
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And the one thing that everybody has an interest in but knows little about is money and banking!
Mortgage debt overhang from the housing bust has meant lack of middle-class spending power and consumer demand, preventing the economy from growing. The problem might be fixed by a new approach from the Fed. But if the Fed won’t act, counties will, as seen in the latest developments on eminent domain and litigation over MERS.
Former Assistant Treasury Secretary Paul Craig Roberts wrote on June 25th that real US GDP growth for the first quarter of 2014 was a negative 2.9%, off by 5.5% from the positive 2.6% predicted by economists. If the second quarter also shows a decline, the US will officially be in recession. That means not only fiscal policy (government deficit spending) but monetary policy (unprecedented quantitative easing) will have failed. The Federal Reserve is out of bullets.
Or is it? Perhaps it is just aiming at the wrong target. Continue reading
10 Comments »
 
A flood of foreclosures in neighborhoods, cities and towns can cause everyone’s real estate equity to plunge. Some towns would like to step-in to protect their communities, but they can’t get the mortgage notes written down to affordable levels for contractual reasons. The solution: use eminent domain to claim the properties for the municipality, then renegotiate them on behalf of struggling homeowners. Ellen talks with the pre-eminent legal mind behind the emerging eminent domain stratagem, Cornell professor Robert Hockett, whose idea has been catching on in towns across America, including some of the biggest.
Read more here.
6 Comments »

Ann Pettifor on Why the 100% Reserve Solution Is a Bad Idea

Ann Pettifor has written an excellent rebuttal to the full reserve banking solution proposed by Professor Richard Wolf and Positive Money, who are in most ways her allies. Her entree is the Bank of England’s recent acknowledgment that banks create the money they lend. She writes:
Because I am a vocal critic of the private finance sector, many assume that I would agree with Wolf and Positive Money on nationalising money creation. Not so. I have no objection to the nationalisation of banks. But nationalising banks is a different proposition from nationalising (and centralising) money creation in the hands of a small ‘independent committee’.
The full article is here:
Out of thin air – Why banks must be allowed to create money
Yves Smith has also commented, here:
Why Banks Must Be Allowed to Create Money

Buying Up the Planet: Out-of-control Central Banks on a Corporate Buying Spree

Finance is the new form of warfare – without the expense of a military overhead and an occupation against unwilling hosts. It is a competition in credit creation to buy foreign resources, real estate, public and privatized infrastructure, bonds and corporate stock ownership. Who needs an army when you can obtain the usual objective (monetary wealth and asset appropriation) simply by financial means? Dr. Michael Hudson, Counterpunch, October 2010
When the US Federal Reserve bought an 80% stake in American International Group (AIG) in September 2008, the unprecedented $85 billion outlay was justified as necessary to bail out the world’s largest insurance company. Today, however, central banks are on a global corporate buying spree not to bail out bankrupt corporations but simply as an investment, to compensate for the loss of bond income due to record-low interest rates. Indeed, central banks have become some of the world’s largest stock investors.
Central banks have the power to create national currencies with accounting entries, and they are traditionally very secretive. We are not allowed to peer into their books. It took a major lawsuit by Reuters and a congressional investigation to get the Fed to reveal the $16-plus trillion in loans it made to bail out giant banks and corporations after 2008.
What is to stop a foreign bank from simply printing its own currency and trading it on the currency market for dollars, to be invested in the US stock market or US real estate market? What is to stop central banks from printing up money competitively, in a mad rush to own the world’s largest companies? Continue reading

It’s Our Money with Ellen Brown – Where They Hid Our Civic Treasure and How We Can Get Our Hands On It

It’s Our Money with Ellen Brown – Where They Hid Our Civic Treasure and How We Can Get Our Hands On It
One of the best kept deceptions within common civic parlance is that our cities, states and communities are “broke” – a meme perpetuated by a lack of public knowledge about what governments do with their money and a highly profitable investment industry that uses those funds for substantial private profits that suck outrageous sums out of our common wealth. Continue reading

It’s Our Money with Ellen Brown – The Dollar’s Global Dance of Debt –

It’s Our Money with Ellen Brown – The Dollar’s Global Dance of Debt –
The status of the dollar as global reserve currency is being threatened by new international monetary powerhouses and the limitations of its debt-based control. This week, Ellen speaks with Mark Pash of the Center for Progressive Economics, who believes that issuance of currency as debt has outlived its usefulness and should be replaced with a credit-based model that covers basic human needs prior to personal accumulation of additional affluence. Ellen also speaks with Mike Krauss on petro-dollar politics upending America’s hold on global trade as the reserve currency. On the Public Banking Report, co-host Walt McRee talks with John Leonard of the PA Project about new public banking initiatives in one of America’s abandoned industrial centers, western PA, and the promise that public banking agencies may offer to reviving the economy that region.
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Since when did it become a crime to be patriotic?

Veteran Faces Foreclosure For US Flag In His Flowerpot

US flagLarry Murphree speaking with Fox 30.  A Florida veteran, Larry Murphree of Jacksonville, must live in the communist section of Jacksonville. He was fined $8,000 and might lose his home because of an unobtrusive flag in a flower pot on his stoop. US flag causing a lot of trouble for one veteran who served…
Read more here: