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A Rebuttal To The Apology Tour

A reader of this blog, Nancy, left a comment on the previous post but was unable to put what follows into comments.  I have added some background, and you will be able to find more pics here.

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20 Examples of American Arrogance

In alphabetical order

Just Europe

1. The American Cemetery at Aisne-Marne, France

2289 Americans

We Apologize.

aisne-marne-cemetary

The 42.5-acre Aisne-Marne Cemetery and Memorial in France, its headstones lying in a sweeping curve, sits at the foot of the hill where stands Belleau Wood. The cemetery contains the graves of 2,289 war dead, most of whom fought in the vicinity and in the Marne valley in the summer of 1918. The memorial chapel sits on a hillside, decorated with sculptured and stained-glass details of wartime personnel, equipment and insignia. Inscribed on its interior wall are 1,060 names of the missing. Rosettes mark the names of those since recovered and identified. During World War II, the chapel was damaged slightly by an enemy shell.

2. The American Cemetery at Ardennes, Belgium

5329 Americans

We are arrogant.

ardennes-cemetary

The 90-acre cemetery contains the graves of 5,329 of our military dead, many of whom died in the 1944 Ardennes winter offensive (Battle of the Bulge). The headstones are aligned in straight rows that form a Greek cross on the lawns and are framed by tree masses. The cemetery served as the location of the Central Identification Point for the American Graves Registration Service of the War Department during much of the life of the Service.

3. The American Cemetery at Brittany, France .

4410 Americans

Excuse us.

brittany-france

The Brittany American Cemetery and Memorial in France covers 28 acres of rolling farm country near the eastern edge of Brittany and contains the remains of 4,410 of our war dead, most of whom lost their lives in the Normandy and Brittany campaigns of 1944. Along the retaining wall of the memorial terrace are inscribed the names of 498 of the missing. Rosettes mark the names of those since recovered and identified.

The gray granite memorial, containing the chapel as well as two large operations maps with narratives and flags of our military services, overlooks the burial area. Stained glass and sculpture embellish the structure. The lookout platform of the tower, reached by 98 steps, affords a view of the stately pattern of the headstones, as well as of the peaceful surrounding countryside stretching northward to the sea and Mont St. Michel. The cemetery is located on the site of the temporary American St. James Cemetery, established on August 4, 1944 by the U.S. Third Army. It marks the point where the American forces made their breakthrough from the hedgerow country of Normandy into the plains of Brittany during the offensive around Avranches.

4. Brookwood, England American Cemetery

468 Americans

brookwood-england

The 4.5 acre Brookwood American Cemetery and Memorial in England lies to the west of the large civilian cemetery built by the London Necropolis Co. and contains the graves of 468 of our military dead. Close by are military cemeteries and monuments of the British Commonwealth and other allied nations. Automobiles may drive through the Commonwealth or civilian cemeteries to the American cemetery.

Within the American cemetery the headstones are arranged in four plots, grouped about the flagpole. The regular rows of white marble headstones on the smooth lawn are framed by masses of shrubs and evergreen trees which form a perfect setting for the chapel, a classic white stone building on the north end of the cemetery. The interior of the chapel is of tan-hued stone. Small stained-glass windows light the altar and flags and the carved cross above them. On the walls within the chapel are inscribed the names of 563 of the missing. Rosettes mark the names of those since recovered and identified.

5.Cambridge,England

3812 Americans

cambridge-cemetary

The Cambridge American Cemetery and Memorial site in England, 30.5 acres in total, was donated by the University of Cambridge. It lies on a slope with the west and south sides framed by woodland. The cemetery contains the remains of 3,812 of our military dead; 5,127 names are recorded on the Tablets of the Missing. Rosettes mark the names of those since recovered and identified. Most died in the Battle of the Atlantic or in the strategic air bombardment of northwest Europe.

6.Epinal, France American Cemetery

5525 Americans

epinal-france-cemetary

The Epinal American Cemetery and Memorial in France, 48.6 acres in extent, is sited on a plateau 100 feet above the Moselle River in the foothills of the Vosges Mountains. It contains the graves of 5,255 of our military dead, most of whom lost their lives in the campaigns across northeastern France to the Rhine and beyond into Germany. The cemetery was established in October 1944 by the 46th Quartermaster Graves Registration Company of the U.S. Seventh Army as it drove northward from southern France through the Rhone Valley into Germany. The cemetery became the repository for the fatalities in the bitter fighting through the Heasbourg Gap during the winter of 1944-45.

The memorial, a rectangular structure with two large bas-relief panels, consists of a chapel, portico, and map room with a mosaic operations map. On the walls of the Court of Honor, which surround the memorial, are inscribed the names of 424 of the missing. Rosettes mark the names of those since recovered and identified. Stretching northward is a wide, tree-lined mall that separates the two large burial plots. At the northern end of the mall, the circular flagpole plaza forms an overlook affording a view of a wide sweep of the Moselle Valley.

On May 12, 1958, thirteen caskets draped with American flags were placed side by side at the memorial. Each casket contained the remains of one World War II Unknown American, one from each of the thirteen permanent American military cemeteries in the European Theater of Operations. In a solemn ceremony, General Edward J. O’Neill, Commanding General of the U.S. Army Communication Zone, Europe, selected the Unknown to represent the European Theater. It was flown to Naples, Italy and placed with Unknowns from the Atlantic and Pacific Theaters of Operation aboard the USS Blandy for transportation to Washington, D.C. for final selection of the Unknown from World War II. On Memorial Day, 1958, the remains were buried alongside the Unknown from World War I at the Tomb of the Unknown Soldier at Arlington National Cemetery.

7.Flanders Field, Belgium

368 Americans

flanders-field

The Flanders Field American Cemetery and Memorial in Belgium occupies a 6.2-acre site. Masses of graceful trees and shrubbery frame the burial area and screen it from passing traffic. At the ends of the paths leading to three of the corners of the cemetery are circular retreats, with benches and urns. At this peaceful site rest 368 of our military dead, most of whom gave their lives in liberating the soil of Belgium in World War I. Their headstones are aligned in four symmetrical areas around the white stone chapel that stands in the center of the cemetery.

8.Florence, Italy

4402 Americans

florence-italy-cemetary

The Florence American Cemetery and Memorial site in Italy covers 70 acres, chiefly on the west side of the Greve “torrente.” The wooded hills that frame its west limit rise several hundred feet. Between the two entrance buildings, a bridge leads to the burial area where the headstones of 4,402 of our military dead are arrayed in symmetrical curved rows upon the hillside. They represent 39 percent of the U.S. Fifth Army burials originally made between Rome and the Alps. Most died in the fighting that occurred after the capture of Rome in June 1944. Included among them are casualties of the heavy fighting in the Apennines shortly before the war’s end. On May 2, 1945, the enemy troops in northern Italy surrendered.

9.Henri-Chapelle, Belgium

7992 Americans

henri-chapelle-cemetary

At the Henri-Chapelle American Cemetery and Memorial in Belgium, covering 57 acres, rest 7,992 of our military dead, most of whom lost their lives during the advance of the U.S. armed forces into Germany. Their headstones are arranged in gentle arcs sweeping across a broad green lawn that slopes gently downhill. A highway passes through the reservation. West of the highway an overlook affords an excellent view of the rolling Belgian countryside, once a battlefield.

To the east is the long colonnade that, with the chapel and map room, forms the memorial overlooking the burial area. The chapel is simple but richly ornamented. In the map room are two maps of military operations, carved in black granite, with inscriptions recalling the achievements of our forces. On the rectangular piers of the colonnade are inscribed the names of 450 missing. Rosettes mark the names of those since recovered and identified. The seals of the states and territories are also carved on these piers.

The cemetery possesses great military historic significance as it holds fallen Americans of two major efforts, one covering the U.S. First Army’s drive in September 1944 through northern France, Belgium, Holland and Luxembourg into Germany, the second covering the Battle of the Bulge. It was from the temporary cemetery at Henri-Chapelle that the first shipments of remains of American war dead were returned to the U.S. for permanent burial. The repatriation program began on July 27, 1947 at a special ceremony at the cemetery when the disinterment began. The first shipment of 5,600 American war dead from Henri-Chapelle left Antwerp, Belgium the first week of October 1947. An impressive ceremony was held, with over 30,000 Belgium citizens attending along with representatives of the Belgium government and senior Americans.

10.Lorraine,France

10,489 Americans

lorraine-cemetary

The Lorraine American Cemetery and Memorial in France covers 113.5 acres and contains the largest number of graves of our military dead of World War II in Europe, a total of 10,489. Their headstones are arranged in nine plots in a generally elliptical design extending over the beautiful rolling terrain of eastern Lorraine and culminating in a prominent overlook feature. Most of the dead here were killed while driving the German forces from the fortress city of Metz toward the Siegfried Line and the Rhine River. Initially, there were over 16,000 Americans interred in the St. Avold region, mostly from the U.S. Seventh Army’s Infantry and Armored Divisions and its Cavalry Groups. St. Avold served as a vital communications center for the vast network of enemy defenses guarding the western border of the Third Reich.

11.Luxembourg, Luxembourg

5076 Americans

luxembourg-cemetary

The Luxembourg American Cemetery and Memorial, 50.5 acres in extent, is situated in a beautiful wooded area. The cemetery was established on December 29, 1944 by the 609th Quartermaster Company of the U.S. Third Army while Allied Forces were stemming the enemy’s desperate Ardennes Offensive, one of the critical battles of World War II. The city of Luxembourg served as headquarters for General George S. Patton’s U.S. Third Army. General Patton is buried here.

Not far from the cemetery entrance stands the white stone chapel, set on a wide circular platform surrounded by woods. It is embellished with sculpture in bronze and stone, a stained-glass window with American unit insignia, and a mosaic ceiling. Flanking the chapel at a lower level are two large stone pylons upon which are maps made of various inlaid granites, with inscriptions recalling the achievements of the American armed forces in this region. On the same pylons are inscribed the names of 371 of the missing. Rosettes mark the names of those since recovered and identified.

Sloping gently downhill from the memorial is the burial area containing 5,076 of our military dead, many of whom lost their lives in the “Battle of the Bulge” and in the advance to the Rhine. Their headstones follow graceful curves; trees, fountains and flower beds contribute to the dignity of the ensemble.

12. Meuse-Argonne

14,246 Americans

meuse-argonne-cemetary

Within the Meuse-Argonne American Cemetery and Memorial in France, which covers 130.5 acres, rest the largest number of our military dead in Europe, a total of 14,246. Most of those buried here lost their lives during the Meuse-Argonne Offensive of World War I. The immense array of headstones rises in long regular rows upward beyond a wide central pool to the chapel that crowns the ridge. A beautiful bronze screen separates the chapel foyer from the interior, which is decorated with stained-glass windows portraying American unit insignia; behind the altar are flags of the principal Allied nations.

On either side of the chapel are memorial loggias. One panel of the west loggia contains a map of the Meuse-Argonne Offensive. Inscribed on the remaining panels of both loggias are Tablets of the Missing with 954 names, including those from the U.S. expedition to northern Russia in 1918-1919. Rosettes mark the names of those since recovered and identified.

13.Netherlands, Netherlands

8301 Americans

netherlands-cemetary

The World War II Netherlands American Cemetery and Memorial is the only American military cemetery in the Netherlands. The cemetery site has a rich historical background, lying near the famous Cologne-Boulogne highway built by the Romans and used by Caesar during his campaign in that area. The highway was also used by Charlemagne, Charles V, Napoleon, and Kaiser Wilhelm II. In May 1940, Hitler’s legions advanced over the route of the old Roman highway, overwhelming the Low Countries. In September 1944, German troops once more used the highway for their withdrawal from the countries occupied for four years.

The cemetery’s tall memorial tower can be seen before reaching the site, which covers 65.5 acres. From the cemetery entrance the visitor is led to the Court of Honor with its pool reflecting the tower. At the base of the tower facing the reflecting pool is a statue representing a mother grieving her lost son. To the right and left, respectively, are the Visitor Building and the map room containing three large, engraved operations maps with texts depicting the military operations of the American armed forces. Stretching along the sides of the court are Tablets of the Missing on which are recorded 1,722 names. Rosettes mark the names of those since recovered and identified.

Within the tower is a chapel. The light fixture in the chapel and the altar candelabra and flower bowl were presented by the government of the Netherlands and by the local Provincial administration. Beyond the tower is a burial area divided into 16 plots, where rest 8,301 of our military dead, their headstones set in long curves. A wide, tree-lined mall leads to the flagstaff that crowns the crest.

14.Normandy, France

9387 Americans

normandy

The Normandy American Cemetery and Memorial in France is located on the site of the temporary American St. Laurent Cemetery, established by the U.S. First Army on June 8, 1944 and the first American cemetery on European soil in World War II. The cemetery site, at the north end of its ½ mile access road, covers 172.5 acres and contains the graves of 9,387 of our military dead, most of whom lost their lives in the D-Day landings and ensuing operations. On the Walls of the Missing in a semicircular garden on the east side of the memorial are inscribed 1,557 names. Rosettes mark the names of those since recovered and identified.

15.Oise-Aisne, France

6012 Americans

oise-aisne-cemetery

The Oise-Aisne American Cemetery and Memorial in France contains the remains of 6,012 American war dead, most of whom lost their lives while fighting in this vicinity in 1918 during the First World War. Their headstones, aligned in long rows on the 36.5-acre site, rise in a gentle slope from the entrance to the memorial at the far end. The burial area is divided into four plots by wide paths lined by trees and beds of roses; at the intersection are a circular plaza and the flagpole.

16.Rhone, France

861 Americans

rhone-cemetery

The site of the Rhone American Cemetery and Memorial in France was selected because of its historic location along the route of the U.S. Seventh Army’s drive up the Rhone Valley. It was established on August 19, 1944 after the Seventh Army’s surprise landing in southern France.

On 12.5 acres at the foot of a hill clad with the characteristic cypresses, olive trees, and oleanders of southern France rest 861 of our military dead, most of whom lost their lives in the liberation of southern France in August 1944. Their headstones are arranged in straight lines, divided into four plots, and grouped about an oval pool. At each end of the cemetery is a small garden. On the hillside overlooking the cemetery is the chapel with its wealth of decorative mosaic and large sculptured figures. Between the chapel and the burial area, a bronze relief map recalls military operations in the region. On the retaining wall of the terrace, 294 names of the missing are inscribed. Rosettes mark the names of those since recovered and identified.

17.Sicily, Italy

7861 Americans

sicily

The World War II Sicily-Rome American Cemetery and Memorial site in Italy covers 77 acres, rising in a gentle slope from a broad pool with an island and cenotaph flanked by groups of Italian cypress trees. Beyond the pool is the immense field of headstones of 7,861 of American military war dead, arranged in gentle arcs on broad green lawns beneath rows of Roman pines. The majority of these men died in the liberation of Sicily (July 10 to August 17, 1943); in the landings in the Salerno Area (September 9, 1943) and the heavy fighting northward; in the landings at Anzio Beach and expansion of the beachhead (January 22, 1944 to May 1944); and in air and naval support in the regions.

18.Somme, France

1844  Americans

somme-cemetery

The World War I Somme American Cemetery and Memorial in France is sited on a gentle slope typical of the open, rolling Picardy countryside. The 14.3-acre cemetery contains the graves of 1,844 of our military dead. Most lost their lives while serving in American units attached to British armies, or in operations near Cantigny. The headstones, set in regular rows, are separated into four plots by paths that intersect at the flagpole near the top of the slope. The longer axis leads to the chapel at the eastern end of the cemetery.

19.St. Mihiel, France

4153 Americans

st-mihiel-cemetery

The World War I St. Mihiel American Cemetery and Memorial in France, 40.5 acres in extent, contains the graves of 4,153 of our military dead. The majority of these died in the offensive that resulted in the reduction of the St. Mihiel salient that threatened Paris. The burial area is divided by Linden alignment trees and paths into four equal plots. At the center is a large sundial surmounted by an American eagle. To the right (west) is a statue of a World War I soldier and at the eastern end is a semi-circular overlook dominated by a sculpture representing a victory vase.

20. Suresnes, France

1541 Americans

suresnes-cemetery

Originally a World War I cemetery, the Suresnes American Cemetery and Memorial just outside Paris, France now shelters the remains of U.S. dead of both wars. The 7.5-acre cemetery contains the remains of 1,541 Americans who died in World War I and 24 Unknown dead of World War II. Bronze tablets on the walls of the chapel record the names of 974 World War I missing. Rosettes mark the names of those since recovered and identified.

Apologize to no one.

Remind Americans of our sacrifices and don’t confuse arrogance with leadership.

May God Bless America!

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What you have just seen is just one aspect that makes us what we are, and why this republic that became the melting pot of the world is such an enigma to so many.  I am still waiting for an Islamic nation to step up and stop wars and genocide instead of creating them.

23 Responses to A Rebuttal To The Apology Tour
  1. Rabble Rouser Rev. Amy
    June 7, 2009 | 2:38 am

    Wow, DT – to see all of the numbers laid out, the cemeteries, and the many locations in which Americans died abroad fighting the good fight is really staggering. Thank you for this…

    • Diamond Tiger
      June 7, 2009 | 3:33 am

      Thank Nancy for sending it to me. I learned a lot myself.

  2. Kathy
    June 7, 2009 | 5:26 am

    Diamond I have sent this on and while no words are necessary I did ask those who received this to remember this quote from Obama’s Cairo speech.

    “I consider it part of my responsibility as president of the United States to fight against negative sterotypes of Islam wherever they appear”

  3. David G.
    June 7, 2009 | 6:04 am

    “12. Meuse-Argonne”

    Those graves aren’t anonymous. My Great-Uncle Harold Glance is here. Killed in action October 9, 1918, one month and two days before the war ended.

    I just wanted to put his name on here so that it isn’t forgotten. Although he was born a half century before my generation we still remember.

    If and when the Frogs become fed-up with America they are welcome to send his body home where it belongs. There’s still a place left next to his mother and father. We’ve been saving it for almost 100 years.

  4. Grail Guadrian
    June 7, 2009 | 6:17 am

    Thank you Nancy for the bestest rebuttal to teh usurper evah!

  5. Charlotte
    June 7, 2009 | 8:47 am

    Hi Nancy,

    I have a feeling that, that frog in the pot just can’t seem to feel the heat, even though the coals are burning red hot. Maybe that’s the problem. Some folks like the color RED because they love being taken care just as long as they don’t have to fight.

    Charlotte

  6. Diamond Tiger
    June 7, 2009 | 11:24 am

    Folks,
    You are going to love this! I have been saying for months that this little dictator in waiting (20 some czars and counting as his own personal layer of government with no accountability) is a cross between Hitler and the Caliphs of the Ottoman Empire. Well in keeping with the Greeks, Romans, Caliphs and Hitler – Bambi has his own food taster – because he knows he needs one. (BTW – Hitler had a whole team of tasters.)

    http://www.breitbart.com/article.php?id=CNG.0caa9f66f64d2c5c70c0d8ddb18f1a5b.821&show_article=1

  7. Diamond Tiger
    June 7, 2009 | 11:32 am

    A Rebuttal To The Apology Tour: http://bit.ly/BhPv9

  8. Jo Anne moretti
    June 7, 2009 | 11:35 am

    RT. @LogisticMonster A Rebuttal To The Apology Tour: http://bit.ly/BhPv9

  9. Leaping Spark
    June 7, 2009 | 1:32 pm

    America has liberated Europe twice! I now ask all of you, when are we going to liberate America? The POS Obama desecrated the Memorials by just setting foot on them, he is not and never will be an American. We are not honoring all of those brave men and women who made the ultimate sacrifice for Europe and America by letting this little, arrogant, Communistic Muslim POS remain as POTUS, he must be impeached or forced to resign. The truth is out there it must be found. God bless our Military.

  10. MistieT
    June 7, 2009 | 5:08 pm

    Powerful rebuttal to the Obama D-Day speech. I’m humbled & ashamed I hadn’t heard of many of the places listed. http://tinyurl.com/qf7srl

  11. no-nonsence-nancy
    June 7, 2009 | 7:36 pm

    I love it about the food taster! It would be funny if after he tastes and then BO eats the guy fakes dropping over dead. BO would die of a heart attach(maybe Bidden,too) and we would be rid of them both. HaHaHa

  12. no-nonsence-nancy
    June 7, 2009 | 8:12 pm

    There once was a food taster who tasted
    The food of Obama, head of state
    One day the taster tasted and then Obama ate
    Then the taster dropped dead but it was a fake
    Sadly BO a heart attack did take
    And now we are rid of Obama the rake.

    Sorry friends, I’m a bad poet but I couldn’t resist. Besides it’s very late and I’m giddy. Not from drinking, though.

  13. Kathy
    June 8, 2009 | 4:01 am

    Does this mean we can look forward to a Food Tasting Czar?

  14. I Call BS
    June 8, 2009 | 4:26 pm

    I don’t agree with everything expressed here, but I appreciate the list of and info about American cemeteries on foreign soil – it is important to be reminded of the sacrifices our countrymen have made, and their and our our historical support for democracy and freedom abroad. Dwight Call

  15. Frank Bures
    June 12, 2009 | 2:33 am

    I had an honour of attending the wreath-laying ceremony at the Luxembourg cemetery two weeks ago. My father was liberated by Patton’s troops from Dachau concentration camp. So if it were not for Patton, I might not be here.
    I was introduced to Patton’s grand-daughter at the ceremony and it was an absolute highlight of the day.
    I am a Canadian, but I stand (as many Canadians do) by your side.

  16. drkate
    June 16, 2009 | 4:58 pm

    Heartfelt gratefulness and thanks for this post.

  17. Diamond Tiger
    June 16, 2009 | 5:02 pm

    Best 3 hours I have spent blogging Dr. Kate. You are very welcome!

  18. Polthinkr
    June 17, 2009 | 9:30 am

    This is a reply to no-nonsense-nancy. Wow, did you think about what you just said? If BO and Bidden were out, guess who would take their place??? Speaker of the House of Representatives! UGHH! Nancy Pelosi!!!!! Talk about nightmare….

  19. AnneMarie
    July 3, 2009 | 2:30 pm

    I received some of the same photos shown above in an email. Inspired by our President’s “Apology Tour” in Europe, I made this video on Youtube to pay tribute to the “Arrogant Americans” who gave ALL to keep those same Europeans free. My Dad, my hero (Memory Eternal) had the crap kicked out of him in the South Pacific while his brothers were in Europe for 4 1/2 years, long before I was born. We were lucky, they all came home.
    God Bless These “Arrogant Americans” and Thank You!

    http://www.youtube.com/watch?v=0PcWNZGsBHY&feature=channel_page

  20. Diamond Tiger
    August 28, 2009 | 4:06 pm

    @glennbeck thought you might like to see something that needs to do to the admin in the WH: http://bit.ly/NDSyZ

  21. JOHN C. TYLER, JR.
    January 6, 2010 | 6:02 pm

    My Uncle, Paul Fredrick Tyler, is buried at Lorraine,France Cemetery #10. He was 24 when he was killed. He was my father’s younger brother and he hardly spoke of him. I think it was too painful since my father was exempt from combat due to his war work on radar. I saw the cold letter dated 1945 from the War Department confirming his death. Uncle Paul’s letters from his sweetheart in England were returned to my grandmother who kept them till her death. I read one and cried at a love snuffed out so casually, those “Arrogant Americans”. I wish he was there for me growing up, seeing me as an image of his brother. As proud American who went into the US military when my time came in 1965, but I’m an “Arrogant American” too.
    The blood of those “Arrogant Americans” have washed the soil of many countries through out the world, in the name of freedom. Uncle Paul has a resting place (grave) reserved for him next to his brother if he were to truly come HOME TO AMERICA.

  22. JasperCounty
    November 12, 2010 | 9:33 am

    My mother’s cousin was killed when the troop ship he was on was hit by a kamakazi(?)plane. This was the convoy back to the Phillipines during the Pacific was. Paul was finally buried in southern Illinois and his mother always referred to his casket as “Paul’s box”.

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Tea Party Patriots Vs. The Master Class

Still have that sinking feeling in your midsection every time you think about the District of Criminals, The Fed, Bernanke, etc.?  Are you still not sleeping well at night because you know something is “so wrong” but the scope of the problem is just getting larger each day?

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This piece is long, it’s brutal, and it will make you weep, but I urge you to read every single word because it will resonate. Remember it when the epitome of the elite class gives his State of The Union Address, and then it will be time to get the little gray cells working because I refuse to allow these bastards to keep raping us into indentured servitude.

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Thanks to the endless barrage of feel-good propaganda that daily assaults the American mind, best epitomized a few months ago by the “green shoots,” everything’s-coming-up-roses propaganda touted by Federal Reserve Chairman Bernanke, the citizens have no idea how disastrous the country’s fiscal, monetary and economic problems truly are. Nor do they perceive the rapidly increasing risk of a totalitarian nightmare descending upon the American Republic.

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According to the Federal Reserve’s most recent report on wealth, America’s private net worth was $53.4 trillion as of September, 2009. But at the same time, America’s debt and unfunded liabilities totaled at least $120,000,000,000,000.00 ($120 trillion), or 225% of the citizens’ net worth. Even if the government expropriated every dollar of private wealth in the nation, it would still have a deficit of $66,600,000,000,000.00 ($66.6 trillion), equal to $214,286.00 for every man, woman and child in America and roughly 500% of GDP. If the government does not directly seize the nation’s private wealth, then it will require $389,610 from each and every citizen to balance the country’s books. State, county and municipal debts and deficits are additional, already elephantine in many states (e.g., California, Illinois, New Jersey and New York) and growing at an alarming rate nationwide. In addition to the federal government, dozens of states are already bankrupt and sinking deeper into the morass every day.

The government continues to dig a deeper and deeper fiscal grave in which to bury its citizens. This year, the federal deficit will total at least $1,600,000,000,000.00 ($1.6 trillion), which represents overspending of $4,383,561,600.00 ($4.38 billion) per day. (The deficit during October and November, 2009, the first two months of Fiscal Year 2010, totaled $296,700,000,000.00 ($297 billion), or $4,863,934,000.00 ($4.9 billion) per day, a record.) Using the GAAP accounting method (which is what corporations are required to use because it presents a far more accurate and honest picture of a company’s finances than the cash accounting method primarily and misleadingly used by the U.S. government), the nation’s fiscal year 2009 deficit was roughly $9,000,000,000,000.00 ($9 trillion), or $24,700,000,000.00 ($24.7 billion) per day, as calculated by brilliant and well-respected economist John Williams. (www.shadowstats.com) Fiscal Year 2010’s cash- and GAAP-accounting deficits will likely be worse than 2009’s, given government bailout and new program spending that is on steroids and psychotic.

Putting Fiscal Year 2009’s $9,000,000,000,000.00 ($9 trillion) deficit another way, 17% of America’s private wealth, accumulated over a period of 235 years, was wiped out by just one year’s worth of government deficit spending insanity.

Given this, is it any surprise that Treasury Secretary Geithner has announced that the release of the nation’s FY 2009 supplemental GAAP financial statements has been delayed? Remember, this is the same Secretary Geithner who bullied people to cover up the sordid details of the AIG, or more accurately, the taxpayer-funded, multi-billion dollar, Santa Claus bailout and bonus bonanza for Goldman Sachs. Do you really think this government, characterized as it is by fiscal and monetary secrecy, lies, chicanery, cronyism and stonewalling, wants the people to know what is actually happening? Obviously, it does not, so it hides from the public the inexcusable facts.

It is estimated that the top 1% of Americans control roughly 40% of the nation’s wealth. In other words, 3 million people own $21,400,000,000,000.00 ($21.4 trillion) in net private assets, while the other 305 million own the remaining $32,000,000,000,000.00 ($32 trillion). 77,000,000 (77 million) Americans (the lowest 25%) have mean net assets of minus $2,300 ($-2,300.00) per person; they live from paycheck to paycheck, or on public assistance. The lower 50% of Americans own mean net assets of $27,800 each, about enough to purchase a modest car. Obviously, it would be impossible to retire on such an amount without significant government or other assistance. Meanwhile, the richest 10% of Americans possess mean net assets of $3,976,000.00 each, or 143 times those of the bottom 50%; the top 2% control assets worth more than 1,500 times those in the bottom 50%. When you combine these facts with Wall Street’s typical multi-million dollar annual bonuses, you get an idea of wealth inequality in America. Historically, such extreme inequality has been a well-documented breeding ground for totalitarianism.

If the government decides to expropriate (steal) or commandeer (e.g., force into Treasuries) America’s private wealth in order to buy survival time, such a measure will be designed to destroy the common citizens, not the elite. Insiders will be given advance warning about any such plan, and will be able to transfer their money offshore or into financial vehicles immune from harm. Assuming that the elite moves its money to safety, there would then be $120,000,000,000,000.00 ($120 trillion) in American debt and liabilities supported by only $32,000,000,000,000.00 ($32 trillion) in private net worth, for a deficit of $88,000,000,000,000.00 ($88 trillion). In that case, each American would owe $285,714.29 to balance the country’s books.  (Remember to multiply this amount by every person in your household, including any infant children.)

If the common people suspect that something diabolical was in the works, a portion of the $32 trillion in non-elite wealth could be evacuated as well prior to a government expropriation and/or currency devaluation, resulting in less money for the government to steal. What these statistics mean is that it is absolutely impossible for the government to fund its debt and deficits, even if it steals all of the nation’s private wealth. Therefore, the government’s only solutions are either formal bankruptcy (outright debt repudiation and the dismantling of bankrupt government programs) or unprecedented American monetary inflation and debt monetization. If the government chooses to inflate its way out of this fiscal catastrophe, the United States dollar will essentially become worthless. You can be absolutely certain that a PhD. in economics, such as Dr. Bernanke, is well aware of these realities, despite what he might say in speeches. For that matter, so are Chinese schoolchildren, who, when patronized by Treasury Secretary Geithner about America’s “strong dollar,” laughed in his face. One day, perhaps America’s school children will receive a real education so that they, too, will know when to laugh at absurd propaganda.

The government has announced that during the fiscal years from 2010 through 2019, it will create an additional $9,000,000,000,000.00 ($9 trillion) in deficits, an amount that is almost certain to be understated by trillions given the country’s current economic trajectory. The government assumes that this vast additional deficit will be funded by others, such as the Chinese, as it is a statistical fact that the United States will be incapable of funding it.

Furthermore, with the budgetary equivalent of a straight face, the Office of Management and Budget reports in its long-term, inter-generational budget projection that the United States government will experience massive, non-stop deficits for the next 70 (SEVENTY) years, requiring the issuance of tens of trillions of dollars of additional debt. The OMB does not project even one year of surplus during the entire seventy year budget period.

These deficits and debts are now so gargantuan that they have become surreal abstractions impossible even for sophisticated financiers to begin to comprehend. The common citizen has absolutely no idea what these numbers mean, or imply for his or her future. The people have been deluded into thinking that America’s arrogant, egomaniacal, always-wrong-but-never-in-doubt fiscal witch doctors and charlatans, including Greenspan, Rubin, Summers, Geithner and Ponce de Bernanke, have discovered a Monetary Fountain of Youth that endlessly spits up free money from the center of earth, in a geyser of good will toward the United States. Unfortunately, this delusion is false: there is no Monetary Fountain of Youth, and contrary to the apparent beliefs of the self-deified man-gods in Washington, D.C., the debt and deficits are real, completely out of control, and 100% guaranteed to create catastrophic consequences for the nation and its people.

When government “representatives” deliberately sell into slavery the citizens of a so-called free Republic, they have committed treason against those people. This is exactly what has happened in the United States: the citizens have been sold into debt slavery that they and their descendants can never escape, because the debts piled onto their backs can never, ever be paid. Despite expensive and sophisticated brainwashing campaigns emanating from Washington, claiming that America can “grow” out of its deficits and debt, it is arithmetically impossible for the country to do so. The government’s statements that it can dig the nation out of its fiscal hole by digging an even deeper chasm have become parodies and perversions of even totally discredited and morally disgusting Keynesianism.

The people no longer have elected representatives; they have elected traitors.

The enslavement of the American people has been orchestrated by a pernicious Master Class that has taken the United States by the throat. This Master Class is now choking the nation to death as it accelerates its master plan to plunder the people’s dwindling remaining assets. The Master Class comprises politicians, the Wall Street money elite, the Federal Reserve, high-end government (including military) officials, government lobbyists and their paymasters, military suppliers and media oligarchs. The interests and mindset of the Master Class are so totally divorced from those of the average American citizen that it is utterly tone deaf and blind to the justifiable rage sweeping the nation. Its guiding ethics of greed, plunder, power, control and violence are so alien to mainstream American culture and thought that the Master Class might as well be an enemy invader from Mars. But the Master Class here, it is real and it is laying waste to America. To the members of the Master Class, the people are not fellow-citizens; they are instruments of labor, servitude and profit. At first, the Master Class viewed the citizens as serfs; now that they have raped and destroyed the national economy, while in the process amassing unprecedented wealth and power for themselves, they see the people as nothing more than slaves.

America’s public finances are now so completely dysfunctional and chaotic that something far worse than debt enslavement and monetary implosion, terrible curses unto themselves, looms on the horizon: namely, a Master Class-sponsored American dictatorship.

Throughout history, the type of situation in which America now finds itself has been a fertility factory for tyranny. The odds of an outright overthrow of the people by the Washington and Wall Street Axis, or more broadly, the Master Class are increasing dramatically. The fact that so few people believe an American dictatorship is possible is exactly why it is becoming likely.

Dictatorships have blighted history and ruined lives since the beginning of civilization. In recent times alone, tyrants such as Hitler, Stalin, Lenin, Ceausescu, Amin, Hussein, Mussolini, Tojo, Kim, Pinochet, Milosevic, Tito, Batista, Peron, Pol Pot, Mugabe, Marcos, Somoza, Mengistu, Bokassa, Sese Seko, Franco, Ho Chi Minh, Mao, and Castro have power-sprayed blood onto the screen of time and ravaged mankind with murder, torture and human oppression. A full catalog of history’s tyrants would require a book of hundreds of pages. In the past 100 years alone, over 200 million human beings have been annihilated by wars, ethnic cleansings and government assassinations. Just when we think that civilization has been able to rise above tyranny’s inhumanity and disgrace, a new dictator appears on the scene to start the process all over again. Every time this happens, fear and submission paralyze the vast majority of the affected masses, leading them to “follow orders” and lick autocracy’s blood-stained boots.

History has proven to tyrants that oppression works. In fact, it is easy to control a populace, once you control the money, markets, military (including police), media and minions (the recipients of welfare, social security, free health care, government jobs and the like, who are dependent upon the state and likely to be compliant). This is exactly where the United States is today.

Recent American events paint an ominous picture of a Master Class that is now in total control.

When 90% of the American people vehemently rejected the $700,000,000,000.00 ($700 billion) TARP bailout plan, the Master Class put it on a fast track and approved it anyway.

When a clear majority of the American people said no to a government takeover of Chrysler and GM, the Master Class poured billions of taxpayer dollars into those corporate sinkholes and took them over anyway.

When the people said no to multi-trillion dollar crony bailouts for the bankers and insurers whose corruption had caused global financial mayhem, the government pledged to those elite insiders more than $13,000,000,000,000.00 ($13 trillion) of the people’s money anyway.

When the people expressed astonishment and anger that Wall Street planned to pay itself record 2009 bonuses, in the midst of America’s worst-ever fiscal and financial crisis caused by them, Wall Street stuffed its pockets with taxpayer-supported bonus money anyway.

When the people said no to a proposed $40,000,000,000.00 ($40 billion) bailout of AIG and its elite trading partners such as Goldman Sachs (an amount that subsequently exploded to $180,000,000,000.00+ ($180+ billion)), the Master Class went underground, covertly misappropriated taxpayer money and made the payoffs anyway.

When Fannie Mae and Freddie Mac were nationalized at enormous taxpayer expense, the government approved $6,000,000.00 individual pay packages in 2009 (150 times the average American wage) for the CEOs of both failed companies anyway.

When a clear majority of the people said no to nationalized health care, even after being bombarded by a multi-million dollar, lie-drenched propaganda campaign designed to bamboozle them, the House and Senate passed nationalized health care bills anyway.

When more than seven million American workers lost their jobs and were subsisting on unemployment benefits and food stamps, federal government employees, who now earn DOUBLE what private sector workers earn, were given another round of pay and benefits increases anyway.

When private sector workers’ 401Ks and IRA retirement plans plummeted in value due to economic collapse and endemic Wall Street-orchestrated market corruption (including systemic front running, flash trading, naked short selling and other manipulations), government “defined benefit,” lifetime-cost-of-living-adjusted pension plans, despite already being underfunded by $2,000,000,000,000.00 ($2 trillion), were made richer than ever anyway.

The long, shameful litany of events signaling the total divorce between the Master Class and the people of the United States doesn’t stop there. It goes on and on.

The message from the American Master Class to the American people is simple and clear:

We Defy You.

Governments that openly defy the people are either already totalitarian or in the process of becoming so. Monetarily, the United States clearly functions as a totalitarian dictatorship already, with a Federal Reserve that operates in secrecy, creates limitless amounts of debt and currency at will, and showers trillions of dollars upon favored Master Class insiders with zero transparency or accountability whatsoever. The Federal Reserve is so shameless about its dictatorial powers that it flatly refuses to provide details about multi-trillion dollar bailouts and rescues of privileged elites, in open defiance of Congress and the people. The fact that they get away with these blatant acts of defiance demonstrates the true extent of the Master Class chokehold on America.

If the Master Class were a benign despot and if its policies and programs actually worked, that would be one thing. But that is not the case. Rather, its programs are in a complete shambles.

Every single government entitlement program in the United States is bankrupt. This includes Social Security ($17,500,000,000,000.00 underfunded; $17.5 trillion); Medicare Part A ($36,700,000,000,000.00 underfunded; $36.7 trillion); Medicare Part B ($37,000,000,000,000.00 underfunded; $37 trillion); Medicare Part D ($15,600,000,000,000 underfunded; $15.6 trillion), Government and military pensions ($2,000,000,000,000 underfunded; $2 trillion), Food Stamps (current underfunding difficult to measure because the number of recipients is exploding; hundreds of billions underfunded versus original projections, minimum); and the list goes on. The above underfunding amounts are NET of projected tax receipts over the next 50 years. But the current recession has invalidated virtually all long-term budget and tax receipt assumptions, meaning that the true underfunded amounts are now greater than current, already mind-boggling estimates.

While the above statistics are terrifying enough to any citizen with a functioning brain, what is Twilight Zone-eerie and a far more serious cause for alarm is the casual indifference with which the Master Class is now making the country’s dire and irreparable fiscal circumstances even worse.

The nationalized health care program will cost at least $1 trillion over the next ten years, and most likely multiples of that. It is being crammed down America’s throat by a bankrupt government that does not have the money today and will not have the money tomorrow to pay for it. Worse is the fact that the same government that has bankrupted each and every existing social program now intends to directly or indirectly control the health care of all citizens. Based on the government’s existing track record and the health care program’s enormous complexity, invasiveness and cost, the probability that it will become a national fiscal and humanitarian catastrophe is roughly 100%.

“Cap and Trade” is a multi-trillion dollar tax scam being foisted onto the American public without a legitimate debate or popular referendum. You might be surprised to learn that “Climate Revenues” are already included in the federal budget, starting with $79,000,000,000.00 ($79 billion) in fiscal year 2012, which begins only 20 months from now. During fiscal years 2012 through 2019, the government expects to collect $646,000,000,000.00 ($646 billion) in “Climate Revenues,” a completely new tax category. Have any of your elected traitors told you that they have enacted $646,000,000,000.00 ($646 billion) in “Climate” taxes beginning twenty months from now and continuing forever? These “Climate Revenues” are based on junk science, lies and hysteria, and have been pimped by greed-diseased parasites who seek to make billions from operating and manipulating the Cap and Trade “marketplace.” Favored elitists such as Hank Paulson, Al Gore, General Electric and Goldman Sachs, among others, have positioned themselves to profit from the nation’s upcoming Cap and Trade tax misery and economic debilitation.

The reality is that the giant Ponzi scheme called the United States of America is running out of money. In any Ponzi scheme, money must constantly be poured into the top of the funnel in order to pay the redeemers at the bottom. As the number of redeemers has grown, tax receipts have fallen far short of covering their withdrawals, a problem that has now become an outright government funding emergency further aggravated by the fiscal, financial and economic crises.

If the Washington and Wall Street Axis were not legally able to create and distribute counterfeit American money, the Ponzi scheme would have collapsed already. Trillions of new, out-of-thin-air, printing-press and electronic “dollars” have bought the Axis additional time, but new sources of revenue must immediately be found to keep the scam alive. Congress is fully aware of this reality. Outright tax increases would be bad politics during a recession that is morphing into a depression, and also bad for 2010 re-election campaigns, so they cannot be implemented. Therefore, Congress continues to advance the health care and Cap and Trade agendas, which are nothing but taxation Trojan Horses festooned in righteousness and sanctimony, despite overwhelming popular opposition.

If the nationalized health care program is passed, revenues and fees will kick in immediately in 2010, whereas costs will not begin to accrue until 2012 and later. The government plans to spend the revenues immediately to forestall a total fiscal collapse. Nationalized health care has absolutely nothing to do with health care; it has to do with creating an immediate revenue stream to help fix the current government funding crisis. Similarly, Cap and Trade has nothing to do with fixing the environment. It, too, is nothing more than a massive tax increase similarly designed to address the government’s epic funding shortfall, with thick slices of pork thrown  in for privileged insiders and deceitful propagandists like bloated “Father of the Internet” and now “Savior of the World” Al Gore.

The last thing the Master Class wants is for the people to understand the disastrous state of the nation’s finances. Master Class brainwashing tells the people that it is “negative” and “pessimistic” to look at the facts, despite the fact that psychological health is characterized by the ability to identify and deal with reality. The Master Class wants the people to put on Bozo the Clown happy faces and let sugar plums and green shoots dance in their brains as they write one check after another to pay for Cap and Trade, nationalized health care, and a mind-numbing assortment of other taxes and fees.

On Sunday night, November 30, 2009, North Korea’s dictator Kim Jong Il (a name that says it all, even better than Made-off’s), an international poster child of Master Class psychological illness, devalued his country’s currency by 99%. This vicious tyrant, who has given birth to a national hell on earth, is chauffeured in Mercedes Benz limousines, drinks the finest imported whiskies and dines in imperial dignity on foods prepared by personal chefs while his citizens starve to death on the streets or, at best, eke out a subsistence living. Kim became paranoid that the people were actually figuring out how to improve their pitiful, impoverished lives in tiny ways, so he decided to wipe them out. The people were given one week to exchange their money at a rate of 100 old Won for 1 new Won. Any lifetime family savings in excess of roughly $700.00 were simply confiscated by the North Korean government. To keep the people in line, the military and police were put on high alert, fully prepared to kill or arrest any protesters.

On January 9, 2010, Venezuela’s strong man Hugo Chavez devalued his country’s currency by 50%, overnight and without warning, causing immediate inflation, shortages of food and supplies, and general financial chaos throughout the nation.

While you might be shaking your head in pity over the plight of the citizens of North Korea and Venezuela, ask yourself this: could this not happen in the United States?

On April 5, 1933, President Franklin D. Roosevelt, an Obama hero, outlawed gold ownership overnight by signing Executive Order 6102, which gave the people three and one-half weeks to surrender all privately-owned bullion to the government for a price of $20.67 per ounce. On January 30, 1934, nine months after collecting the people’s gold, Roosevelt devalued the dollar 69% overnight, by raising the gold price from $20.67 to $35.00 per ounce.

Since its founding in 1913, the Federal Reserve has devalued the dollar by 98+% thanks to endless money printing and debt creation, a corrosive and impoverishing process that is now accelerating. In the past year, the Fed has engineered $20+ trillion in bailouts, subsidies and guarantees for well-connected and lucky scavengers and opportunists, an amount equal to roughly 40% of the total private wealth created in this country since its inception. All because a few elitist government man-gods with an almost perfect record of error and failure have deemed in their imperial wisdom that it shall be so. The citizens, whose hard-earned wealth is being systematically destroyed by this continual, government-decreed monetary debasement were never invited to the debate or given a say, which is par for the course for dictatorships. This massive de facto devaluation now hangs over the people’s wealth like a great monetary sword of Damocles.

Conceptually, whether it is a 50% overnight devaluation in Venezuela, a 69% overnight devaluation in the United States, a 98% devaluation in America over time, or a 99% overnight devaluation in North Korea, what is the difference? The fact is: there is no difference; monetary debasements are all the same. In each and every case, the people’s wealth is stolen via government edict, while the people stand by helplessly and in shock.

So one must ask: For whom does the bell toll? A foreign “them,” or a domestic us? Who is to say that you will not be told tomorrow morning that, effective immediately, in accordance with some perversely named mandate such as the “American Monetary Security, Wealth Preservation and Terrorism Prevention Act,” enacted by emergency for “the safety of the nation and the financial well being of the citizens,” all existing currency and bank balances will be redenominated in “New Dollars,” at a conversion rate of 1 new for every 100 old currency units? Would this not simply be another, almost predictable act of defiance toward the American people by the Master Class? And if that happened, do you honestly believe that the Master Class would not have been alerted in advance and allowed to make special preparations for itself ahead of the devaluation? Do you think they intend to go down in the same ship as the people they defy? If such a currency devaluation were announced, what could you do about it? March on Washington? But how would you get there if your money had been wiped out?

Despite what you may hear from State Media, which includes virtually all establishment news organizations, particularly financial ones (e.g., CNBC), America is on the precipice. No bankrupt nation in history has ever defended or preserved the freedoms of its citizens. In fact, it has been the exact opposite: in desperation, bankrupt governments have routinely plundered their citizens’ wealth and imposed totalitarian controls. What will make things different for the United States, the largest debtor nation in all of recorded civilization?

The United States government cannot ever, possibly pay its debts, is pathologically incapable of controlling its spending or curbing its hunger for both domestic and international empire and persistently refuses to tell the American people the truth. If America’s citizens were told the truth and given the benefit of true leadership, as opposed to the guile and dishonesty of an endless array of political liars and hacks, perhaps they could rally and defeat the problems that afflict them. But instead, they are fed by the Master Class a steady diet of narcotic propaganda that deludes, confuses and enervates them. The truth cannot set people free if it is never told, and that is the essence of America’s gathering tragedy.

In a future article, we will detail specific developments you should watch for to chart the course of America’s ominous and potentially deadly national storm. The current, grave situation is already a clear call to action. When the signals become even more urgent, it will be late in the game to take protective action, and possibly too late. Citizens should begin to prepare now not just for financial survival, but for the personal security of themselves and their loved ones should a Category 5 economic and political hurricane rip into the nation, something that becomes more likely every day.

With respect to personal finances, in virtually every national currency devaluation and major political upheaval in the past, gold has represented sanctuary for the affected people. Gold has not just preserved wealth, but personal freedom as well. While governments can devalue fiat currencies, they cannot, by edict, devalue gold. Yes, they can try to manipulate its price, but unless all governments join in the collusion, ultimately the price will return to market. The market for gold is global, and demand exists in all nations and among all peoples. Should the government attempt to confiscate gold, it will be an outright admission that the financial system is collapsing, and the people will know better than to hand over to a corrupt government their only means of survival. The most important point is this: devalued currencies never rise again. Once they are destroyed, they are gone forever, and those whose wealth had once been denominated in them are wiped out. As you have no doubt heard before, not one fiat currency has survived over time, and that is an indisputable fact. More significantly, no fiat currency has ever suffered the abuse that has been inflicted upon the United States dollar, meaning that it is at extreme risk. Gold has been money for 5,000 years. It has not merely survived, it has prevailed over each and every fiat currency collapse throughout history. Given this, the most important financial question a person can ask him- or herself today is: How is my wealth denominated at this time? And given its denomination, is my wealth likely to be safe in current and evolving circumstances?

One thing is certain: as the epic David and Goliath monetary battle unfolds, between the people fighting to defend their hard-earned wealth on one side, and a Master Class that greedily and pathologically wants to plunder them on the other, the price of gold will become extremely volatile for a period of time. Volatility will, in fact, tell you that the War on Wealth has officially been declared, and will be your signal to do whatever you must to protect what is yours. As the government Goliath and its Master Class allies short tonnes of bullion into rigged futures markets in a desperate attempt to make gold look dangerous and risky, the Davids will be coming forth not just in the United States but from all corners of the globe, buying 10 grams here and one ounce there. There are 6.8 billion Davids, versus one diseased Master Class that numbers in the small millions. There is no way the Master Class can defeat the people, if the people finally rise up and say “No More of Your Plunder. No More of Your Cold and Soulless Financial Oppression. No More of Your Cynical and Godless Exploitation.”

If you find the above argument compelling, you should consider how to protect yourself from Executive Orders that could be issued at any time, under any pretext, and that could be extremely hostile to your financial and/or personal health and well being. One simple way to start is to purchase one ounce of gold for yourself and each member of your household, and much more if you can afford it. That is not financial advice; it is merely the common sense generously communicated to you by history.

Stewart Dougherty

Stewart Dougherty is a specialist in inferential analysis, the practice of identifying historic and contemporary patterns and then extrapolating their likely effects upon the future. Dougherty was educated at Tufts University (B.A., magna cum laude), and Harvard Business School (M.B.A. and an academic Fellow). He can be reached at stewartdougherty@cs.com. He is not affiliated with or compensated by those he references or recommends. He does not offer investment or trading advice, and nothing in this article should be construed as such. This article represents the author’s personal opinions, and nothing more. The reader has the author’s permission to share, print, forward or post this article provided that the content is not changed and the author is acknowledged.

(H/T Mike)

Big Brother’s Lock On Your Money Is Complete

I wrote about it; I tried to warn people, but after the healthcare fight we just went through, I think most people just wanted a breather from battling the fascists in Washington (to our long-lasting detriment).

Now we have the financial reform bill that includes the new federal agency Office Of Financial Research, and the Bureau of Consumer Protection keeping track of every single financial transaction you could possibly imagine; including your bank balance, and when you walk to the ATM to take cash out.  I wasn’t lying, but I do think I was one of very few writing about it.

The fascists have the banks, the insurance companies, the credit card companies, the car companies, OUR healthcare, and now Americans’ financial transactions.

Senate Democrats Pass Bill Allowing Govt to Collect Addresses, ATM Records of Bank Customers

(CNSNews.com) – Senate Democrats united to pass a financial regulatory bill that allows the government to collect data on any person operating in financial markets at any level, including the collection of personal transaction records from local banks, including customers’ addresses and ATM receipts. (emphasis mine)

The Senate voted 59-39 on Thursday to pass the bill – the chief aim of which is to more-heavily regulate the financial industry – sending it to a conference committee in the House of Representatives, where differences between the House and Senate versions will be ironed out.

The bill, if it becomes law, will create the Bureau of Consumer Financial Protection and empower it to “gather information and activities of persons operating in consumer financial markets,” including the names and addresses of account holders, ATM and other transaction records, and the amount of money kept in each customer’s account.

The new bureaucracy is then allowed to “use the data on branches and [individual and personal] deposit accounts … for any purpose” and may keep all records on file for at least three years and these can be made publicly available upon request.

*break*

Shelby slammed the new consumer bureaucracy, saying that it was meant not to protect consumers but to “manage” them by monitoring their behavior.

“Mr. President, make no mistake, behind the veil of anti-Wall Street rhetoric is an unrelenting desire to manage every facet of commerce under the guise of consumer protection.

“They may be interested in protecting consumers, but they are more interested in managing them,” Shelby said.

Shelby also criticized the idea that Americans need government to watch over their every financial move, saying that it was better to allow people the freedom to make their own choices and fail than to never allow them the freedom to choose at all.

“Mr. President, I have faith in the American people and their ability to make good choices,” said Shelby.  “Granted, we do not always choose well.  But I believe that a poor choice freely made is far superior to a good choice made for me.”

“I am afraid that the architects of this bill do not share this sentiment,” he said. “Nor do they share my faith in the American people.”

Shelby further said that the ability of the Federal Reserve to collect such detailed information about the most basic of financial transactions was the beginning of an effort by government to regulate every financial action of every American citizen.

“This new consumer bureaucracy is intended by its architects in the Treasury to begin the process of financial regulation with the intent of changing the behaviors of the American people,” said the senator.

Shelby appears to be correct. The bill allows the bureau to collect any and all information on any person operating in the financial markets.

As it reads: “[T]he Bureau shall have the authority to gather information from time to time regarding the organization, business conduct, markets, and activities of persons operating in consumer financial services markets.”

Meanwhile, depending on the conference version of this bill, you may be able to fund a new federal agency that takes idle appropriations, invests them, and keeps the profits.  Those profits are ‘not considered the government’s property’. I am still trying to ascertain who that money actually belongs to because it is not yours anymore.

4.15.2010

Obama Turns Financial Reform Into A Political Fight

I am currently reading this bill and wanted to drop an interesting tidbit on you. For those interested in reading the 114 page Manager’s Amendment, go here. I am only a couple hundred pages into this POS but starting on page 60, a new government office is to be established. The “Office Of Financial Research” will be part of the Treasury, and will have a Director appointed by the President and confirmed by the Senate. This office will also have a data collection center to keep track of all financial and nonbank financial institutions so as to be able to report to Congress on companies that ‘threaten’ the economy. It is unclear how big or how many new government employees this office will create, but considering how events are unfolding now with Obamacare, I’m assuming pretty large.

The interesting tidbit pertains to the Financial Research Fund that is to be established and the ability of the Office that is providing Congress with reports to invest monies they aren’t using. Let me know if you think that’s a conflict of interest, and if you would like to know exactly how much money that is?

“Funds obtained by, transferred to, or credited to the Financial Research Fund shall be immediately available to the Office, and shall remain available until expended, to pay the expenses of the Office in carrying out the duties and responsibilities of the Office.”

The above quotes are from Chris Dodd’s markup draft. I went to the actual amended bill (Amendment No. 3739 of Bill S. 3217) that was passed and found the pertinent information starting on page 62, with the investment and non-governmental monies section on page 78. It’s still in there.

At this point, the underground economy is about to get a bit larger.

UPDATE: More information on the Office Of Financial Research, here.

Words Of Wisdom....

The end of democracy and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations.

- Thomas Jefferson

Thomas Jefferson And American Sovereignty

"On every question of construction carry ourselves back to the time when the Constitution was adopted, recollect the spirit manifested in the debates and instead of trying what meaning may be squeezed out of the text or invented against it, conform to the probable one in which it was passed."

--Thomas Jefferson, letter to William Johnson, 1823

It is the sacred principles enshrined in the United Nations Charter to which the American people will henceforth pledge their allegiance.

- President George Bush (41) addressing the United Nations

Which will it be America? US Sovereignty or UN Slavery? - The Monster

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