Chas Freeman tapped by Obama to serve as the chairman of the group that prepares the U.S. intelligence assessments…

He has not submitted his financial disclosures as required…gee I wonder why. He is connected with China National Offshore Oil Co – oh yeah those are the guys that just secured a deal with Cuba to drill in the waters where our liberal pinko congress blocked – but hey it’s ok for China to do it…as long as an Obama friend makes some money.

He is also the President of the Middle East Policy Council. This guy has actually received at least $1 million from a Saudi prince.

Can we get any more anti-Israel people in key positions in our government? Can we get any more corruption?

The Obama fraud continues…

https://www.washingtontimes.com/news/2009/mar/05/foreign-ties-of-nominee-queried/

I reviewed what he said a CPAC and couldn’t find anything that he said that was anti-American…certainly many of the things Obama is putting forward could definitely be viewed at anti-American (charitable deductions, etc).

They created the fractional reserve banking system to artificially inflate the money supply. It was brought into the colonial America and the entire concept is the same as a massive fraud. No business in the USA would be allowed to operate this way – it just doesn’t make sense.

Thomas Jefferson was completely against this form of centralized banking and so was Andrew Jackson. Each time they created a central bank we would go in boom and bust cycles. Every time we have gone back to a “gold” standard the money system stabilized and we had the greatest periods of prosperity and real growth (averaged 4% a year for decades).

The ICC started with protecting the railroads, the movement with the robber barons and ultimately it hurt consumers. After the railroads they decided to do it to banks as well.

The fractional reserve banking system was the basis for The Fed and was JP Morgan and John Rockefeller were key proponents of the Fed…they wanted access to cheap money (credit) to finance the expansion of their empires. They literally marketed the concept to the American people and quite frankly misrepresented the truth behind their idea. They pitched the concept as a form of elasticity for our money supply. The 1907 bank run really started the ball rolling. The banks in NY were way over-stretched because of their fractional reserve implementation and the Government seized the opportunity to force the The Fed into existence.

Gee sound familiar. We have been paying for it ever since!

Take a serious look at the economic growth periods when the US was on a “gold” standard.

Back to talk show hosts…everyone has been saying to listen to Glenn Beck and today I watched his show…I think this dog can hunt. It will be interesting to see how large his audience grows – plus his name is great.

Not exactly. Woodrow Wilson created the Federal reserve though some of the robber barons may have helped out: JP Morgan, I believe. Anyway, Limbaugh seems pretty comfy with Rockefeller/JP Morgan-like econ-policies.

The Rand/Hayek crew claim gold would be more stable than “fiat currency” or something, but don’t offer much in the way of evidence. I think it’s some aristocratic fetish or something; Ayn Rand was rather fond of that. Gold prices fluctuate a great deal anyway.

The Fed is a completely secret organization with absolutely no oversight, no accountability, no auditing, etc.

They meet in secret and make decisions how to manipulate vapor and we pay for their recklessness. The folly here is they actually believe they can control this stuff and since they started this fiasco they have only proven that they can’t. The Fed should be eliminated.

We need to return to basis for value and something should be tied to it otherwise we will continue this cycle.

El Oro’s not really a commodity as say grains, cotton, lumber are: so it doesn’t really have intrinsic value (contrary to what some quacks claim). You can at least bake bread with wheat, make clothes with cotton, etc Yes, Gold’s traded, and deep pockets make a lot of shekels even with small moves, but’s that’s…blood money.

The Randian sorts also argue gold would stabilize the currency and so forth, but so would a grain standard (which Abe Lincoln in fact supported). Various commodities have been used as money, or as basis for bartering: rice, barley, livestocks, etc. In some areas of Humboldt they use sinsemilla in place of cash. In vegas…er we won’t go there.

Classic Rotarian-royalist rhetoric from Duke Limbaugh. The GOP yacht club has now installed Steele as Chairhomie, and I expect Rush toned down the race-bating because of that– the party of Lincoln and so forth. Rush formerly represented for the GOP Evinrude club–Mike Huckabee, CEO (usually told to keep quiet, except during campaigns).

A few million later and Limbaugh’s upgraded to Yacht club, and like most rich conservatives, sounds a bit Winston Churchill like: note the reference to Hayek, gold standard guy and pal of royalists everywhere.

The tax increases would raise an estimated $318 billion over 10 years by reducing the value of such longstanding deductions as mortgage interest and charitable contributions for people in the highest tax brackets. Households paying income taxes at the 33% and 35% rates can currently claim deductions at those rates. Under the Obama proposal, they could deduct only 28% of the value of those payments.

Reducing the value of the charitable deduction is a threat to voluntary associations. For worthy commentary, check out Jennifer Rubin of Commentary and, on videotape she links to, House Majority Leader Steny Hoyer, and this reaction in the Chronicle of Philanthropy.

This is an attempt to channel money away from voluntary associations and direct it to the state. Some of that money, in turn, would be directed to public employee unions, and much if not most of that would be directed to the Democratic Party. It would be interesting to know what White House counselor and former President of Harvard University Lawrence Summers thinks of this.

One of the strengths of American society is that we do not rely solely on the government to address social problems. Because of our vast network of voluntary associations, of charities and foundations and universities and nonprofits, we address social problems in a wide variety of ways. We can examine what works and what doesn’t work; we have competition in the marketplace of ideas and good works. We have faith-based and proudly secular voluntary associations, market-oriented and statist-oriented voluntary associations, research-oriented and service-oriented voluntary associations.

Barack Obama evidently wants us to shift vast sums of money from the voluntary associations extolled by Alexis de Tocqueville to the bureaucratic networks described by Max Weber. This is a profoundly bad idea.

http://www.usnews.com/blogs/barone/2009/2/27/obamas-threat-to-charities-and-universities-his-budget-and-taxes.html

More JCH supported crap to turn everything over the government. The only difference now will be those “charitable” donations will now go to groups that continue to expose the Pelosi/Reid/Obama fraud…