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Category Archives: Despotism

Eleven Reasons Why You and your Family are Poor–and likely to stay Poor


[courtesy Google Images]

[courtesy Google Images]

The Wall Street Journal reports in “Five Reasons Why You are Poor” that, according to the Federal Reserve, household net worth rose to $80.6 trillion in the fourth quarter of 2013, up from $70.83 trillion for the same period in 2013–an increase of nearly $10 trillion over the last four quarters–thanks to rising values of homes and U.S. stocks.

Maybe so, but those numbers don’t make sense to me.

There are about 120 million households in the US.  If their total net worth is $80 trillion, their average net worth is about $670,000.  I don’t know how the Federal Reserve computes average household net worth, but I don’t know very many people whose average household net worth is anywhere close to $670,000.  If America’s average household net worth were really $670,000–and if that wealth were distributed on a bell curve basis–I can’t imagine that we’d have any economic problems at all in this country. There’s something wrong and fundamentally misleading about the $80 trillion number the Fed used to describe American total household net worth. . . .

The Wall Street Journal continued to report that “But . . . employee pay as a share of national income has fallen to its lowest levels since 1951.

“Here are five reasons Americans still feel poor:”

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Going Postal: Gov-co Stocks up on Ammo


[courtesy Google Images]

[courtesy Google Images]

“Going postal” just took on a whole new meaning.  Apparently, Postal Employees are no longer content to shoot each other and are therefore preparing to shoot the public.

We know this because the USPS has joined the list of federal agencies that are stockpiling ammunition and firearms.

For example, the Social Security Administration put in a request for 174,000 rounds of .357 Sig 125 grain bonded jacketed hollow-point bullets.  Do they fear that the retirees are about to grab their walkers and storm the SSA buildings?

The Department of Agriculture requested 320,000 rounds.   Do they fear farmers and ranchers—or an attack by cows and pigs?

The Department of Homeland Security has requested 450 million rounds.  That’s enough bullets to shoot every American about 1.5 times.

The FBI has sought 100 million hollow-point rounds.

The National Oceanic and Atmospheric Administration also requested 46,000 rounds.  Why does a weather service need ammunition?

To date, over two billion rounds of ammunition have been purchased or ordered by a variety of domestic federal agencies.

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Posted by on April 26, 2014 in Despotism, Economic collapse, Fascism, Tyranny

 

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The Bretton Woods Committee


[courtesy Google Images]

[courtesy Google Images]

In A.D. 1944, an international conference was held at Bretton Woods, New Hampshire, to establish a new monetary system for the post-WWII world.  A fundamental principle of the resulting “Bretton Woods Agreement” was that the US dollar would be backed by gold and would come to be used as the world reserve currency.

In A.D. 1971, President Nixon closed the “gold window” and stopped redeeming foreign-held US dollars with gold.  Some people suppose that when the US dollar became pure fiat and was no longer redeemable in gold, the Bretton Woods Agreement ended.

However, the original Bretton Woods Agreement involved much more than merely promising to redeem foreign-held dollars with gold.  Vestiges of that Agreement continue to function and exert influence under the oversight of The Bretton Woods Committee.

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President Obama–Stop “Helping” Us!


[courtesy Google Images]

[courtesy Google Images]

A recent article in The New York Times (“Obama Will Seek Broad Expansion of Overtime Pay”) reports that,

 “President Obama this week will seek to force American businesses to pay more overtime to millions of workers, the latest move by his administration to confront corporations that have had soaring profits even as wages have stagnated.

“On Thursday, the president will direct the Labor Department to revamp its regulations to require overtime pay for several million additional fast-food managers, loan officers, computer technicians and others whom many businesses currently classify as “executive or professional” employees to avoid paying them overtime, according to White House officials briefed on the announcement.”

The rationale for this increase is probably the belief that if people’s incomes rise, they spend more and theoretically stimulate the economy.

But, on the other hand, if corporate labor costs rise, either corporate profits fall and/or prices go up.  If prices rise, the economy tends to slow.

So what will happen?  By raising some employee’s incomes, will we stimulate or slow the economy?

Answer:  That’s the wrong question.

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The Moral Foundation for Governance


Immoral men recognize no "lines". [courtesy Google Images]

Immoral men recognize no “lines”.
[courtesy Google Images]

The Washington Times reports in “The Putin problem: U.S. needs Russian rockets for spy satellites” that, last Thursday (March 13th, A.D. 2014) ,

 

“Secretary of State John F. Kerry said a “a very serious series of steps” would occur if the Crimean Peninsula, currently occupied by Russian military hardware and thousands of troops, votes to rejoin Russia. He did not get into specifics as to what those steps might be, only saying to a Senate Appropriations Committee panel that there would be ‘a response of some kind’.”

What’s “a very serious series of steps”?

It’s the boogaloo followed by the funky chicken followed by the lindy hop.   It’s never before been attempted on live TV but will be seen next week when President Obama and Secretary of State Kerry team up to make a surprise appearance on Dancing With The Stars.

In fact, a “very serious series of steps” may occur on Dancing With The Stars, but our government will take no meaningful steps to punish Russia for annexing the Crimea.

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“The Most Dangerous Thing To You and Your Family is Government”


If government really wanted to protect the American people, the first thing it would do is disarm itself. Instead, it’s placed orders for over 2 billion bullets. If you trust the U.S. government, you’re a fool. (Incidentally, this is the 1,400th post on this blog.)

video    00:02:15

 

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Actor Steven Seagal Speaks on Obama’s Impeachment


Actor Steven Seagal recently spoke at the Western Conservative Conference.  He warned that America was in deep trouble and touched on the possibility of President Obama’s impeachment.  Judging by the seemingly mild audience response, either the Conference, itself, was not too large–or even the “Conservatives” were taken aback by the extent of Seagal’s “political incorrectness”.

The content of Segal’s speech wasn’t profound.  We all know the facts that he referred to.  But Seagal’s speech was still another important “leaf in the breeze” that tells us which way the political wind is beginning to blow in this country.  There are Americans who are furious about the path Obama has chosen for this nation.  Those Americans tend to give Obama a pass in that he’s still entitled to some “affirmative action”–and no one wants risk accusing Obama of treason and wind up being accused of racism.

Still, I believe there’s a fury out there that animates 20% of the American people–maybe more.  This fury is unseen and unstated, but it’s there, waiting silently for some candidate or some political party who will call a spade a spade and fight to push this country back onto the right path.

I’m not talking about conservatives fighting for big business or liberals fighting for big government. I’m talking about candidates who will fight against big business, big labor and big government and fight, instead, for the Liberty of each individual man and woman. There’s a fury out there that’s waiting to support a candidate who will fight for the small American rather than the big institution.

video   00:04:16

 
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Posted by on February 27, 2014 in Despotism, Government as Gangsters, Obama, Treason, Values, Video

 

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