PART 1 of 2
By:
Devvy
November 13, 2008
� 2008 - NewsWithViews.com
Rape is an ugly word usually attributed to an attack on a woman. It also means an act of plunder, violent seizure, or abuse; despoliation; violation: the rape of the countryside.
There is no other word to describe what has been happening in Washington, DC., for the past two and a half months. The so-called bail out of lending institutions and banks has turned into a free for all that is mind boggling, already running in the TRILLIONS with no end in sight. As the layers have been unfolding over the past few weeks, only someone in complete denial can say with a straight face that this unconstitutional looting of the people's labor has been anything but mass rape.
The Fed is thumbing their nose at Congress: Nov. 10 (Bloomberg) -- "The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral. Fed Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson said in September they would comply with congressional demands for transparency in a $700 billion bailout of the banking system. Two months later, as the Fed lends far more than that in separate rescue programs that didn't require approval by Congress, Americans have no idea where their money is going or what securities the banks are pledging in return."
Congress foolishly gave the privately owned "FED" and Treasury total power with the bail out deal and now they're getting their noses rubbed in it. Lending institutions who received all this borrowed, worthless paper called a 'bail out' or 'rescue plan' are spending the sweat off your back like there's no tomorrow on big bonuses and lavish events, while Congress sits around scratching their backsides. Congress has let the genie out of the bottle and they're now running around like the nitwits they are trying to shore up this disaster of their own making.
Congress never had the authority to to rob and plunder the people's empty purse for what has turned into a never ending bail out bonanza. Congress has no right to steal from you via heavier and heavier taxation to bail out, rescue or make loans to companies in the private sector. Well, that is until Congress, with the blessing of Bush, simply decided a little over two months ago to finally burn Art. 1, Section 8 of the U.S. Constitution. They have become totally lawless with zero restraints on their actions.
Congress willfully violates the U.S. Constitution now as a matter of doing business. These crooks, including Marxist Obama and Juan McCain, have simply rubber stamped the utter and complete bankruptcy of this country. It's foolish at this point to try and sugar coat reality. The raw, hard numbers are there for anyone to see. Desperate Americans are begging for the government to bail out their industries, so they care little for the Constitution. All they want is their bacon saved. What they are embracing is totalitarian government.
Congress didn't bail out ENRON. They let the seventh largest corporation with a capitalization of $60 billion dollars go under. I believe the reason is 9/11, which I have covered in other columns. However, as the mortgage melt down became epidemic, instead of letting the market correct itself, in steps a thieving government. Now you are making your mortgage payment and your neighbors. As tragic as the foreclosure epidemic is, to make those of us who meet our monthly mortgage obligations and then are fleeced to pay for someone's else's with borrowed money is indentured servitude. We are being forced with a gun to our head to slave for someone else's house payment. But wait! Headlines, November 12, 2008: Treasury Secretary Paulson - bail out money not to be used to buy toxic mortgages after all!
Did you not see this 0:26 second video of a woman cheering that Obama is going to pay her mortgage and gas? No, you will pay and the trap has already been sprung. What you're seeing is one of the most dangerous precedents being set since FDR's Nazi 'New Deal.' As if that's not enough, today you will go to work to pay legal fees for these mortgage execs who covered up the truth about the financial sustainability of their corporations as well as: 86% of Bailout Money Used for Executive Bonuses.
The so-called bail out is already a massive failure except for the banking cartel who got total control of our banking and lending institutions once and for all. As we the people are trying to fight off an illegitimate president getting sworn into office, the world banking vipers are getting ready to finish the final wiring of our monetary and banking system into a global system. It is a death knell and soon you will hear the skeleton rattle clear across this land.
Bailouts: The wound that will keep on hemorrhaging: "In recent columns I have reminded people about the bail out for Chrysler - a 'one time' kiss from Congress back in 1981. Not so fast: "Aug. 22 2008 (Bloomberg) -- General Motors Corp., Ford Motor Co., Chrysler LLC and U.S. auto-parts makers are seeking $50 billion in government-backed loans, double their initial request, to develop and build more fuel-efficient vehicles..." Next year is going to be a make-or-break year in terms of survival,'' said Mirko Mikelic, senior portfolio manager at Fifth Third Asset Management in Grand Rapids, Michigan, which oversees $22 billion in assets, including GM and Ford bonds. "Any help like these government loans would be a huge boost.''
As I write this column, these thieves in Congress are scurrying to put together unconstitutional loan packages for the auto makers. They won't make it to next year. Who was watching the books for those companies? These mega corporations sold out the American worker decades ago, kicked them into the unemployment lines and gave American jobs to foreign countries like commie China. Now they want the sweat off your back to fund their mistakes. These big auto makers have known for years their losses were in the tens of billions of dollars and could not be sustained. That's when they should have closed their foreign plants, down sized and employed Americans in what ever factories they could keep open here in America. Of course it would help if the parking lots at GM and Ford weren't filled with employee cars made by Toyota and other foreign companies.
Now, they're demanding you and I bail them out even though Congress has NO authority to be a loan operation for the private sector. That's not the big story. A ton of this borrowed money will be to fund pensions. 125,000 for Chrysler and 500,000 for GM. These corporations made these obligations living beyond their means to operate and now they want unconstitutional loans. What a horrific mess created by greedy corporations who now want you, me and our children to bail out their greed.
Yes, the auto industry employs hundreds of thousands of people. So does China Mart (Wal Mart). So does the health care industry. Congress does not have the authority to bail out those industires, either. How many more private sector industries will be lining up for hot checks from Congress? There's NO money in the U.S. Treasury to loan. Is anyone out there listening?
Don't look to Thanksgiving and Christmas sales to save retailers. The last I looked at a CNN poll on November 11, 2008, a whopping 45% of nearly 200,000 people said they would not be doing any Christmas shopping this year. All the lay offs underway and still to come, along with the foreclosures and massive credit card defaults, there's little money to put into the economy. This drying up of spending will continue to drain states in unemployment benefits, shrinking tax revenues and medical treatment for those without insurance. Don't forget the MILLIONS of illegal aliens sucking off state resources. The destruction to families all across the country is a true tragedy unfolding.
There is no 'lame duck' Congress because there will be no "new" Congress sworn in come January to "fix" things. It's the same crooks with 17 "new" faces who will join in lockstep with their brethren. Marxist Obama will bring no change because he's putting together the same players responsible for the banking collapse as his advisors. Obama is putting the wolves in the hen house. That is a fact for those who support Barack Hussein Obama. You have cut your own throat, you just haven't choked on your own blood yet.
If this sounds rather harsh, the American people are in for the shock of their lives; the reality will begin to really settle in mid first quarter of next year. The snow ball effect of job bleeding, no credit left for over extended Americans, continued foreclosures despite all the unconstitutional maneuvers by Congress and even bankrupt states, will slam this country in a few short months. The links at the bottom are just a small number that tell the story.
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The incompetent, Nancy Pelosi and fellow fools are actually contemplating another move that should finally scare the living hell out of the American people:
"Democrats in the U.S. House have been conducting hearings on proposals to confiscate workers’ personal retirement accounts — including 401(k)s and IRAs — and convert them to accounts managed by the Social Security Administration. Triggered by the financial crisis the past two months, the hearings reportedly were meant to stem losses incurred by many workers and retirees whose 401(k) and IRA balances have been shrinking rapidly.
"The testimony of Teresa Ghilarducci, professor of economic policy analysis at the New School for Social Research in New York, in hearings Oct. 7 drew the most attention and criticism. Testifying for the House Committee on Education and Labor, Ghilarducci proposed that the government eliminate tax breaks for 401(k) and similar retirement accounts, such as IRAs, and confiscate workers’ retirement plan accounts and convert them to universal Guaranteed Retirement Accounts (GRAs) managed by the Social Security Administration."
Social security is a tax that goes into the general fund of the treasury and is not ear marked for any specific spending purpose. That is a fact. To even suggest the $1 trillion dollars in retirement funds be transferred over to a government who can't balance a budget and continues to write hot checks for hundreds of billions of dollars every day of the week is the ultimate in lunacy. Tens of millions of Americans are depending on those retirement accounts to be ready when they retire. I cannot even put into words what will be the end result if such a dastardly deed is done by Congress.
Pelosi and Obama want a "new" stimulus package. There is NO money in the treasury. It is now overdrawn $10,622,223,198,682.54 as I write this column. Our purse, the people's treasury is over drawn $10.6 TRILLION and what these insane lunatics are proposing is writing more hot checks to stave off the inevitable: a major depression.
At the rate Washington is stealing us blind, $100 an hour will not be enough to live on and feed your family - if you have a job. A heavy, progressive taxation is the second plank of the communist manifesto. All this borrowing to give away to lending institutions and prop up failing industries has to come from some where: YOUR shrinking bank account and take home pay.
The tax man cometh
Congress refuses to stop the unlawful confiscation of your hard earned money by the IRS. Americans are terrified of this American version of the Nazi Gestapo with very good reason. However, millions of Americans know that domestic Americans are not subject to the federal income tax. Congress will not come clean with the truth because they need this forced taxation against we the people to support their monstrous, unconstitutional looting of the treasury.
I have been in the trenches 19 years, full time, nearly seven days a week. This nation is littered with tax guru's ripping off desperate people who bought into the oldest or newest income tax scam (straw man, UCC, redemption, etc). The federal prisons are full of Americans who fell for these bogus arguments. There are tens of thousands of people employed by organizations who need the income tax to stay a float. They care nothing for the law or the truth.
The only way we the people will stop the unlawful taking of our labor is the same way prohibition ended: Enough people said enough. Tommy Cryer is an attorney down in the lovely State of Louisiana. He is a bull dog fighter who took on the IRS. Tommy was indicted, went to trial and was acquitted. We don't want to see any more Americans go through such an ordeal as Tommy, Joseph Banister and so many others. One thing that needs to be done is to stop supporting this cottage industry out there who claim they can get you out of the IRS system, when in fact, likely you'll end up broke and in jail. It's time to unify.
Tommy's organization is growing at a rapid rate. What YOU need to do is get the facts. Not the propaganda by U.S. Attorneys who have sold their soul for a paycheck or an IRS employee for the same reason, or the factually challenged vermin who serve in Congress and need to steal your money to continue writing hot checks. Research takes time. It doesn't come in a shake-n-bake box with instructions. Tommy has made it very simple for all of us to understand the misapplication of the Internal Revenue Code.
Truth Attack is the one organization in this country where everyone can become a participant. In order to stop the plunder, you have to dry up the source of revenue being used. For new readers to my column, take time this weekend to read these two columns of mine: Why An Income Tax Isn't Necessary to Fund the Federal Government (also available for free on audio; listen on your computer or download to your IPod or a CD and listen on the train, in your tractor or in commute traffic); and The Right Argument on Taxation.
Then, go to Tommy's web site, click here. This is where you will find what Congress and the media won't tell you about the federal income tax and how the IRS, deliberately and with malice, extorts the sweat of your labor with lies. Don't let someone else tell you what's the truth, you do the research and become part of the solution.
To say the economic situation in this country is going to get much worse is the understatement of the century. What Congress has been doing and what's coming as a result of their treachery will put millions of Americans into shock. My mail box is full everyday from Americans scared to death about what's left in their 401(k)s and what will happen with our currency becoming more worthless by the day. My mail box is full of stories of people in pain as reality is coming home to roost. It breaks my heart, but so many of us have tried our best to get the truth out while corporate media and their mouth pieces lie every day in their newspapers and on the tube.
Diversify some of your assets into gold. Gold is not an ATM machine, it is a long term investment. There are excellent buys out there if you talk to the right people. As always, I recommend people I trust and have personally done business with: El Dorado Gold. Astute investors will always tell you that owning gold is the only real money and a hedge against a monetary collapse and devaluation.
In my last column, I reinforced why it is critical the constitutional militia be reconstituted by the states. One reader let me know that West Virginia should be included in the states to target because his state stands for freedom and has a lot of real patriots. One quick follow up: Dr. Edwin Vieira has a good inventory of his Constitutional Militia book if you can't locate it on line; some people have had a problem finding a copy. To order: $19.95 postpaid, by check or money payable to Edwin Vieira, Jr. at 52 Stonegate Court, Front Royal, Virginia 22630.
PLEASE demand Bush pardon U.S. Border Patrol Agents Ramos and Campean. Pray Bush has one ounce of humanity left. Let your voice be heard, click here. For part two click below.
Click here for part -----> 2,
Links. This is just a short list
1
- Postal
Service Looks To Cut 40,000 Jobs First Layoffs In History
2 - Circuit
City files for bankruptcy
3 - Mervyn's
going out of business closing 149 stores
4 - Linens
& Things closing all 371 of its stores
5 - DHL
to cut 9,500 jobs and close service centers
6 - Jobless
ranks hit 10 million, most in 25 years
7 - Retailers
Report a Sales Collapse
8 - American
Express seeking $3.5 billion as part of government bailout program
1
- $1
BILLION Tax Fraud? IRS Says 'Oh Well'
2 - Federal
Reserve is Stealing Iraqi Oil Revenues
3 - Okay
for banks to break the law; Justice Dept shrugs shoulders
4 - The
"Dirty Little Secret" Of the US Bank Bailout
5 - Hell,
Meet Handbasket
6 - Bailout
Fixes Nothing, Banking System Collapse Approaches Climax
7 - One
In Five US Mortgages Now Underwater
8 - SoCal
Foreclosure Nightmare
9 - Growing
credit crisis claims more victims
10 - STARBUCKS
profit drops 97%
11 - A
Quiet Windfall For U.S. Banks
12 - Manufacturing
hits 26-year low hinting that recession has begun
1
- Downturn
Clobbers Public Pension Funds
2 - Bloomberg
Picks a Fight With the Federal Reserve
Short videos
1
- Fox Business: Gerald
Celente Predicts Revolution
2 - "Obamanomics” Will
Accelerate Economic Collapse and Great Depression
3 - CNBC
Analyst Blames 'Illuminati' For Crisis
