George Soros is one of the most powerful men on earth. A New York hedge fund manager, he has amassed a personal fortune estimated at about $13 billion (as of 2009). His management company controls billions more in investor assets. Since 1979, Soros’ foundation network — whose flagship is the Open Society Institute (OSI) — has dispensed more than $5 billion to a multitude of organizations whose objectives are consistent with those of Soros. (The President of OSI and the Soros Foundation Network is Aryeh Neier, former Director of the socialist League for Industrial Democracy.) With assets of $1.93 billion as of 2008, OSI alone donates scores of millions of dollars annually to these various groups, whose major agendas can be summarized as follows:
Glenn issued a challenge yesterday to George Soros to come on his show and discuss the issues for an entire hour. It appears poking the ‘Spooky Dude’ with a sharp stick has made George come out of the shadows and in the daylight contribute $1 million to Media Matters (instead of funneling his money through Tides Foundation and Open Society Institute). This particular program is all about George buying journalists from MediaMatters to NPR, and Beck makes an announcement that in 10 days (10-29 to 11-1) he will be revealing some bombshell information that he would like to discuss with ‘spooky dude’.
I just learned something rather interesting this morning when Speaker Education started following me on Twitter. The Speaker of the House of Representatives DOES NOT (Constitutionally) need to be a member of the elected body, though they always have been. (Ah, so many little details that we do not know about…)
The Speaker Education Project believes that Congress can bridge its divide by selecting a strong, non-partisan individual from outside of Washington’s political arena as its next leader. This type of transformation must begin at the local level, through engaged citizens actively questioning candidates about their stance on this critical issue. You have the power to help educate voters about the race for Speaker of the House, and have an impact on the choices the candidates in your district make by simply getting involved.
Article I, Section 2 of the Constitution states: “The House of Representatives shall chuse their Speaker and other Officers.” The Speaker is elected by roll call vote when each new House first convenes. Customarily, the conference of each major party nominates a candidate whose name is placed in nomination. Although the Constitution does not require the Speaker to be a member of the House, all Speakers have been members. Members normally vote for the candidate of their own party conference, but could vote for any individual, whether nominated or not. To be elected, a candidate must receive an absolute majority of votes cast, which may be less than a majority of full membership of the House, because of absentees of Members voting “present.” If no candidate receives the requisite majority, the roll call is repeated until a Speaker is elected.
Which, of course, got me thinking….
I do believe that somebody who actually embodies the Tea Party’s core beliefs of Ending The Fed (and stopping control of government by the big banks), Reducing The Size of Government, Repealing all of the ridiculous laws that have been put in place over the last 100 years or so, so and and so forth (I laid out my platform 3 weeks ago) should actually be installed as the next Speaker of the House. It would definitely take the agenda away from the mealy-mouthed, pansy, Republican leadership that wants to compromise with the very traitors that are destroying our republic at break-neck speed.
People think that the Federal Reserve System was created by the government as a means of controlling and regulating the banks, but in reality, the Federal Reserve System was created by the banks as a means of controlling and regulating the government and that’s the reality of today. – G. Edward Griffin
A reader sent me an article that looked at the discussion surrounding the tax cuts Americans have received as part of the Porkulus bill and how the GOP and FoxNews have been able to make a majority of Americans believe there has not been any tax cuts from the Obama Regime.
The point of this article is to show how TPTB still have the moos discussing tax cuts instead of the underlying hidden tax that has been occurring since the inception of the Federal Reserve System in 1913. A discussion about tax cuts or extending the Bush tax cuts is ridiculous when we have a private banking cartel in place that controls 100% of the money in the system, will collect $396 Billion in interest this year, and is on track to charge us $1 Trillion dollars in interest on our own money in 2011. The END OF THE FED absolutely has to happen; no ifs, ands, or buts; or this country will not survive hosting a parasite of The Fed’s size.
After further prodding — including a reminder that a provision of the stimulus bill had cut taxes for 95 percent of working families by changing withholding rates — Mr. Paratore’s memory was jogged.
In a troubling sign for Democrats as they head into the midterm elections, their signature tax cut of the past two years, which decreased income taxes by up to $400 a year for individuals and $800 for married couples, has gone largely unnoticed.
The first is that during Obama’s first two years taxes have in fact gone up. The stimulus tax cuts are only one of many changes to the tax code. Americans for Tax Reform reports that the 111th Congress enacted $352 billion in net tax hikes. Although most of those taxes are obscure and will not take effect as immediately as the stimulus tax cuts have, there can’t be any doubt that they have shaped the public’s understanding of the tax outlook. After all, cigarette smokers and tanning salon patrons — who will suffer large targeted tax increases — number in the millions.
$6.99 (2008), On sale 10.13.2010 for $12.99 (Monster's Local Grocery Store)
This report is adapted from two earlier articles by G. Edward Griffin appearing in the April 13, 1987 and February 29, 1988 issues of THE NEW AMERICAN. Mr. Griffin, a journalist and film producer, is the author of The Creature From Jekyll Island: A Second Look at the Federal Reserve.
It is a sobering thought that the federal government could operate – even at its current level of spending – without collecting any taxes whatsoever. All it has to do is create new money through the Federal Reserve System, a process called monetizing the debt. As a matter of fact, much of the money it now spends is obtained that way. The politicians who authorize that process know that this is not true debt, because no one in Washington really expects to repay it. It is merely a means of raising money to run the government without increasing taxes. Actually, the inflation that results from monetizing debt is just as much a tax as any other, but, because it is hidden and so few Americans understand how it works, it is far easier to collect than a tax that is out in the open.
Glenn has a complex show today starting with Nancy’s misinformation campaign about foreign donations to affect the outcome of elections. He then spends time explaining the relationship between ‘Spooky Dude’ Soros, the Tides Foundation, Drummond Pike, and the Huffington Post’s new investigative division being run by the Tides Foundation. For those that want to know what’s up with Drummond Pike and Tides, please check out ‘Houston, We Have A Problem: Let’s Start With Tides‘ from AUGUST 30, 2009. I did, of course, include the Muckety Map and pages of research on Drummond and his associated groups.
Part 2, The left boycotting Beck for two years, the new campaign against the Chamber of Commerce and the American people. The tea party is against the bailouts, and Nancy’s comments about how the republicans destroyed the economy. Glenn covers the Community Reinvestment Act started by Carter and beefed up by Clinton and Dems that provided mortgages to people that could not pay them.
What We Believe, Part 1: Small Government and Free Enterprise
What We Believe, Part 2: The Problem with Elitism
About Ted Kennedy:
Who descended from the bluest blood of all, never had a job that didn’t entail spending other peoples’ money, and creating the rules and regulations that other people had to live by. What is it about all of this that seems vaguely and unpleasantly familiar? Smells a little bit like a ruling class, doesn’t it?
Did you really think that the Federal Reserve’s magic printing presses were actually going to help us, the average American. What follows is an excellent explanation of what QE actually means; more big bank bailouts. Do you still have a bank account or credit card with one of these sharks?
The U.S. Federal Reserve is getting ready to conduct another gigantic bailout of the big banks, but this time virtually nobody in the mainstream media will use the term “bailout” and the American people are going to get a lot less upset about it. You see, one lesson that was learned during the last round of bank bailouts was that the American people really, really do not like it when the U.S. Congress votes to give money to the big banks. So this time, the financial “powers that be” have figured out a way around that. Instead of going through the massive headache of dealing with the U.S. Congress, the Federal Reserve is simply going to print money and give it directly to the banks. To be more precise, the Federal Reserve is going to use a procedure known as “quantitative easing” to print money out of thin air in order to purchase large quantities of “troubled assets” (such as mortgage-backed securities) from the biggest U.S. banks at well above market price. Some are already openly wondering if this next round of quantitative easing is going to be the biggest bank robbery in history. Most Americans won’t understand these “backdoor bailouts” well enough to get upset about them, but that doesn’t mean that they won’t be just as bad (or even worse) than the last round of bailouts. In the end, all of the inflation that this new round of quantitative easing is going to cause is going to be a “hidden tax” on all of us.
These new backdoor bailouts are going to work something like this….
1) The big U.S. banks have massive quantities of junk mortgage-backed securities that are worth little to nothing that they desperately want to get rid of.
2) They convince the Federal Reserve (which the big banks are part-owners of) to buy up these “toxic assets” at way above market price.
3) The Federal Reserve creates massive amounts of money out of thin air to buy up all of these troubled assets. The public is told that all of this “quantitative easing” is necessary to stimulate the U.S. economy.
4) The big banks are re-capitalized and have gotten massive amounts of bad mortgage securities off their hands, the Federal Reserve has found a way to pump hundreds of billions (if not trillions) of dollars into the economy, and most of the American people are none the wiser.
Make sure to go over and read the rest; then tell your family and friends about the latest way the big banks are going to get a hand up/hand out and how we are going to be left with the interest payment reaching $1 Trillion dollars next year.
Available Historical Data Fiscal Year End - in Billions (Source: US Treasury)
The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered. – Thomas Jefferson
Alex Jones interviews documentary film producer, Bill Stills, about the Federal Reserve, the deflationary cycle that we are currently in, how it is going to change, and how to fix our economy citing the sound money policies of the state bank of North Dakota. Mr. Stills has produced the “Money Masters” (found on the Globalist Reference Page) and The Secret of Oz (farther down in this post).
Socialism has a 100% failure rate; why is Europe turning away from socialism yet America is running toward it? Glenn lists off very important dates throughout the year and what these dates to mean to us and to Congress; April 15th (budget deadline), November 2nd (midterm elections), December 31st (Bush tax cuts expire) putting the upcoming republican controlled congress into a ‘damned if you, damned if you don’t” situation. Glenn also covers the raising of the ‘debt ceiling’ (Congress’ credit card) from $11.3 Trillion to $14.9 Trillion, and the decision the republican congress will have to make in March, 2011 when it comes to raising the debt ceiling yet again.