Federal

Fed Staffer: Some Bank Asistance Should Be Permanent!

"Mr. Sulu, fire phasers, maximum power! Photon torpedoes, ready at my command!"

Amazing. They're getting ready to impose a soviet system on the US, and only a few notice.

http://www.cnbc.com//id/32509147

 

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Rand Paul Campaign Is Making Great Progress, Donations are Strong.

As many know, Rand is running for US Senate from Kentucky. He befriended Gard upon their first meeting, and is a valuable asset on many pro-liberty issues. Consider donating, if you get invovled with politics.

https://www.randpaul2010.com/

 

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From Wayne Quinn: Senator Shaheen Proposes Federal "Travel Promotion" Bureau

What if someone were to ask Ms. Shaheen if she would be willing to start her own FOR PROFIT, PRIVATE company to promote tourism to certain places, a, oh, we don't know, a kind of, uh, PUBLIC RELATIONS firm that could, uh, well, look for willing clients to pay freely for the service, rather than use tax money to fund half of it? How would she reply? Would she say, "Yeah! I'll just risk my own capital and see if I can give it a go!", or would she not even understand the premise of the question, because she simply sees this as appropriate, that it's just fine to seize other peoples' money to create a new "corporation" that she would like to start?

Here is the text of the press release from the Gubment of NH:

Arizonans Bring firearms to Protest Fascism and Socialism in Ariz -- Media Don't Understand At All

As one reads this piece, he is struck by how myopic the pop media are. Numerous times, they quote people like Fred Solop (perfect name), who says: "When you start to bring guns to political rallies, it does start to layer on another level of concern and significance."

Then there's Zippy the Pin-head -- sorry, Paul Hemke -- head of the Brady Coalition for Pin-heads. SORRY!, SORRY! The Brady Bunch. NO! Sorry! The, uh, Brady Campaign to Disarm Free People and Inspire More Violent Crime. Zippy said, "To me, this is craziness. When you bring a loaded gun, particularly a loaded assault rifle, to any political event, but particularly to one where the President is appearing, you just make the situation dangerous for everyone."

FDIC Appears to Be Bankrupt - Take a Look...

But have no fear, it will get more money from your wallets and from your kids' buying power. Oh, and have no worries about the fact that the Senate now wants to create an FDIC-like entity for health insurance. Everything is fine. Please return to your cabins. This is the Titanic, and we can't possibly sink.

http://libertymaven.com/2009/08/18/the-fdic-is-bankrupt-officially/6896/

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Mortgage Delinquincy Rate Hits All Time High

"All Time High"... Wasn't that a James Bond Theme Song by Helen Reddy?

http://www.breitbart.com/article.php?id=D9A4Q7H00&show_article=1

So, what about all those low interest rates that started up in 2002? And the Fannie Mae and Freddie Mac pushes to get more people to buy homes, and the Community Reinvestment Act that promoted home buying by people who couldn't afford the homes?

Hmmmmm........

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Fed Bailout "Pay Czar" to "Claw Back" Exec Compensation?

Okay. So, first the gubment breaches the Constitution with the immoral, inflationary TARP and TALF, then it tells those who received money from TARP that it will control their companies.

Perhaps the most telling, reveling quote in this piece is the Czar saying "Anything is possible under the law."

Aint it the truth...

http://news.yahoo.com/s/time/20090817/us_time/08599191681300

 

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Obama Slides "Time" Magazine into Pushing a Gubment-Subsidized "Health Corporation" to Compete with Private Plans

Just like we mentioned in our earlier post on this , the "back-up plan" is going to force the private plans to accept people with preexisting conditions.

They are slick. Create a tax-subsidized "Fannie Mae"-like corporation, then hobble the private competition even more. Genius!

http://news.yahoo.com/s/time/20090817/us_time/08599191681300

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Gubment Has Paid Auto Dealers Only 2% of Cash4Clunkers Reimbursement Money

And if the dealers don't get that tax money taken from others, then the folks who bought the cars will be responsible for making up the cash, or they will have to return the cars, and take back their now ruined old cars. NICE!

http://www.foxnews.com/politics/2009/08/16/auto-dealers-paid-just-percen...

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New Health "Care" Plan from Obama: Create A Perpetual Tax Parasite and Competitor

Yep. It's like Fannie Mae and Freddie Mac! As Glenn Jacobs observed, it's like the TVA. It's going to be a "private" organization that will be granted $3-4 billion in taxpayer cash at the outset, then set "on its own" to be operated like a non-profit. But guess what? It will always be open to more tax money to prop it up, just like Fannie and Freddie, just like the FDIC.

When will the insanity end?

Check it out, Conspirators!

http://news.yahoo.com/s/ap/us_health_care_overhaul

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Obama Cites Failed/Bankrupt Social Security and Medicare as Examples When Pushing Health Insurance Fascism

What's fascinating about this is that Obama does not acknowledge the difference between disagreement in a free society based on individuals engaging in free market exchange, and disagreement in a sphere that is controlled by the poltical process and/or the majority.

In a free society, one can disagree and have a choice. If he opts not to do business with the person with whom he disagrees about a policy or product, he is free to withhold his money, and seek another person with whom to do business.

In the political sphere, even if one disagrees, he has no choice. If you disagree with President Obama or the majority in Congress, he/they will still do what they want. It's the difference between freedom and force.

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