Technology

Who Controls America — George Carlin — Videos

Posted on May 15, 2013. Filed under: American History, Banking, Blogroll, College, Communications, Diasters, Economics, Employment, Federal Government, Federal Government Budget, Fiscal Policy, Foreign Policy, government, government spending, High School, history, Inflation, Investments, Language, Law, Life, Links, Macroeconomics, Monetary Policy, Money, People, Philosophy, Politics, Raves, Religion, Resources, Security, Strategy, Talk Radio, Tax Policy, Technology, Video, War, Wealth, Wisdom | Tags: , , , , , , , |

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The Owners of the Country

Entropy fan

The Genius George Carlin

George Carlin: Brain Droppings

George Carlin Interview

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Robert Littell — The Company: A Novel of the CIA — Videos

Posted on May 13, 2013. Filed under: American History, Banking, Blogroll, Business, College, Communications, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, Foreign Policy, government, government spending, history, History of Economic Thought, Inflation, Language, Law, liberty, Life, Links, Macroeconomics, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Raves, Talk Radio, Tax Policy, Technology, Unemployment, Video, War, Wealth, Wisdom | Tags: , , , , , , , , , |

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The Company [2007] 1/3

THE COMPANY [2007] 2/3

THE COMPANY [2007] 3/3

Background Articles and Videos

Tinker, Tailor, Soldier, Spy: 1 – Return To The Circus

Tinker, Tailor, Soldier, Spy: 2 – Tarr Tells His Story

Tinker, Tailor, Soldier, Spy: 3 – Smiley Tracks The Mole

Tinker, Tailor, Soldier, Spy: 5 – Tinker Tailor

Tinker, Tailor, Soldier, Spy: 6 – Smiley Sets A Trap

Tinker, Tailor, Soldier, Spy: 7 – Flushing Out The Mole

Cambridge Spies | Sub. ITA Episodio 1 di 4

Cambridge Spies | Sub. ITA Episodio 2 di 4

Cambridge Spies | Sub. ITA Episodio 3 di 4

Cambridge Spies | Sub. ITA Episodio 4 di 4

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James Grant Interviewed by James Turk–Federal Reserve, National Debt, Money, Gold — Videos

Posted on May 11, 2013. Filed under: Banking, Blogroll, Books, College, Communications, Demographics, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, government spending, Inflation, Investments, Law, liberty, Life, Links, Macroeconomics, media, Monetary Policy, Money, People, Philosophy, Politics, Psychology, Radio, Raves, Taxes, Technology, Unemployment, Video, Wealth, Wisdom | Tags: , , , , , , , , , |

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James Grant and James Turk discuss gold, the Fed and the fiscal situation of the USA

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QE-Fed-BalanceSheet-SP500-020413

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Ben Bernanke Boom Bubble Blower Busted By The Bubble Film — Videos

Posted on May 1, 2013. Filed under: Blogroll, Politics, Video, Technology, Taxes, Raves, Rants, Economics, Links, War, People, Life, Investments, Education, Homes, Employment, Communications, Law, Philosophy, Foreign Policy, Wisdom, liberty, Monetary Policy, Fiscal Policy, government spending, media, history, Language, government, Federal Government, Transportation, College, Business, Money, Banking, Wealth, American History, Diasters, Microeconomics, Inflation, Unemployment, Macroeconomics, Food, Federal Government Budget, History of Economic Thought, Math, Literacy | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

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Ben Bernanke Is The Most Dangerous Man In US History

BREAKING 2013 Economic Collapse Peter Schiff

The Bubble film official trailer

Raw footage of Jim Rogers interview – The Bubble film

Raw Footage of Doug Casey Interview from The Bubble

Raw footage of Jim Grant interview from The Bubble film

Raw footage of Peter Schiff Interview from The Bubble

The Bubble – Raw footage of Marc Faber interview

Raw Footage of Peter Wallison Interview from The Bubble

Raw Footage of Joseph Salerno Interview from The Bubble

Raw Footage of Robert Murphy interview from The Bubble

Raw footage of Roger Garrison Interview from The Bubble

Raw footage of Ron Paul interview from The Bubble film

The Bubble film panel at Freedom Fest 2012

U.S. Debt Clock

http://www.usdebtclock.org/

Background Articles and Videos

The American Dream By The Provocateur Network

Slow “growth”,GDP makeover, Keynesians demand more debt and inflation

The Fed, Ben Bernanke & the Economy (4/30/13)

Coming Economic Collapse Peter Schiff RT America

Austrian Theory of the Trade Cycle | Roger W. Garrison

Tom Woods Discusses his New Documentary, The Bubble

Director of “The Bubble” Jimmy Morrison interview with ManifestLiberty.com Part 1/2

Director of “The Bubble” Jimmy Morrison interview with ManifestLiberty.com Part 2/2

Fed Keeps Interest Rates Low, Continues Bond Buying Program

The Federal Reserve held fast to its ultra-accommodative monetary policy Wednesday, solidified by what board members described as an economy weakened by fiscal policy.

Interest rates will remain at historically low levels while the U.S. central bank will not alter its $85 billion a month asset purchasing program, the Fed’s Open Markets Committee decided at this week’s meeting.

While recent meetings have been remarkable for signs of dissent over the long-standing Fed policy, the sentiment this month turned towards concerns about “downside risks” to growth, though the FOMC made no mention of the recent set of weak economic data.

The Federal Reserve held fast to its ultra-accommodative monetary policy Wednesday, solidified by what board members described as an economy weakened by fiscal policy.

Interest rates will remain at historically low levels while the U.S. central bank will not alter its $85 billion a month asset purchasing program, the Fed’s Open Markets Committee decided at this week’s meeting.

While recent meetings have been remarkable for signs of dissent over the long-standing Fed policy, the sentiment this month turned towards concerns about “downside risks” to growth, though the FOMC made no mention of the recent set of weak economic data.

While stocks have soared to new highs, the economy remains in slow-growth mode as it has throughout Chairman Ben Bernanke’s term, which began just before the onset of the financial crisis.

The stock market reacted little to the 2 pm news, maintaining an earlier selloff spurred over jobs fears.

Fed officials have long bemoaned Washington fiscal policy, with Congress and the White House in a continued stalemate that has resulted in a raft of mandated tax increases and spending cuts known as the sequester.

The May FOMC statement kept up the heat.

“Household spending and business fixed investment advanced, and the housing sector has strengthened further, but fiscal policy is restraining economic growth,” the statement said.

The Fed’s decision came the same day as a report on private payrolls fell well below expectations, indicating just 119,000 new jobs created, a seven-month low.

While critics worry about inflation, the Fed continued to conclude that “expectations have remained stable.”

The Fed has vowed to keep interest rates exceptionally low until unemployment falls to 6.5 percent from its current 7.6 percent and until inflation reaches 2.5 percent from its current 1.5 percent.

-By CNBC.com Senior Writer Jeff Cox.

http://www.cnbc.com/id/100695681

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Radical Islamic Jihadist Terrorists — Democrats in Denial — Americans Buying Ammunitions and Guns — Videos

Posted on April 29, 2013. Filed under: American History, Babies, Blogroll, Books, College, Communications, Computers, Constitution, Crime, Cult, Culture, Diasters, Education, Employment, European History, Federal Government, Food, Foreign Policy, government spending, history, Law, liberty, Life, Links, media, People, Philosophy, Politics, Psychology, Public Sector, Rants, Security, Strategy, Talk Radio, Taxes, Technology, Terrorism, Unions, Video, War, Wealth, Weapons, Wisdom | Tags: , , , , , , , , , , , |

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Are there radical Islamic terror camps in North America? Apparently there are dozens author says

Radical Jihadists Training On U.S. Soil – Behind Enemy Lines – Wake Up America!!!

Glenn Beck – The Project Part 1

Glenn Beck – The Project Part 2

The Third Jihad – Radical Islam’s Vision for America

Beslan: 5 years on

Dispatches – Beslan (2006)

The school siege at Beslan was the bloodiest act of terrorism ever to take place on Russian soil. Yet beyond this horrible truth remain many unanswered questions. There is no agreement on who the terrorists were. How many they numbered? Where they came from? How they got to Beslan? What they wanted? Whether they were all killed or captured? And just how the siege which began on September 1 2004, ended so catastrophically?

This Dispatches special uses testimony from eyewitnesses, survivors and security services. This is combined with video and audio archive footage presents the fullest account of what happened at Beslan.

The film examines the background to the events of Beslan. It also looks at the Russian state’s reaction to the atrocity and the motivation of the hostage-takers. Beslan School Siege also documents how a small town is coming to terms with the loss of its children.

Jihad: Slaughter of the Innocents – Beslan (Беслан) Part 1

Jihad: Slaughter of the Innocents – Beslan (Беслан) Part 2

Jihad: Slaughter of the Innocents – Beslan (Беслан) Part 3

Jihad: Slaughter of the Innocents – Beslan (Беслан) Part 4

Jihad: Slaughter of the Innocents – Beslan (Беслан) Part 5

Glenn Beck U.S. Denial of Islamic Jihad Threat, Beslan School Massacre 4-26-13

Glenn Beck The Story of Beslan

Glenn Beck Beslan, Terror, and Chechnya

Glenn Beck Experts on Beslan

Background Articles and Videos

Terrorism & Jihad: An Islamic Perspective – Dr. Zakir Naik

Stephen Coughlin, Part 1: Lectures on National Security & Counterterror Analysis (Introduction)

Stephen Coughlin, Part 2: Understanding the War on Terror Through Islamic Law

Stephen Coughlin, Part 3: Abrogation & the ‘Milestones’ Process

Stephen Coughlin, Part 4: Muslim Brotherhood, Arab Spring & the ‘Milestones’ Process

Stephen Coughlin, Part 5: The Role of the OIC in Enforcing Islamic Law

Related Posts On Pronk Palisades

Andrew McCarthy–The Grand Jihad: How Islam and the Left Sabotaged America–Videos

Andrew C. McCarthy–America’s War on Terror…or is It?–Videos

Stealth Jihad–Terror From Within–Videos

Steve Emerson–American Jihad: The Terrorist Living Among Us–Videos

Robert Spencer–Stealth Jihad–Videos

Robert Spencer–The Truth About Muhammad–Videos

Terrorists Among Us: Jihad in America–Videos

Obsession: Radical Islams War Against the West–Videos

An Affront and Threat To The American People–The Ground Zero Mosque–Remembering 9/11 and The Unknown Falling Man

Just Because You Can Build A Mosque At Ground Zero Does Not Mean You Should: The Two Faces of President Obama–Let Me Be Clear–I Am An Agent Provocateur!

Understanding Jihad–Videos

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The Coming U.S. Stock and Bond Market Crash of 2013-2014 — The Stock and Bond Big Bubble Burst — Central Banks Buying Gold! — Videos

Posted on April 27, 2013. Filed under: American History, Banking, Blogroll, Books, Business, College, Communications, Computers, Constitution, Crime, Demographics, Diasters, Economics, Education, Employment, Energy, European History, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, Health Care, history, History of Economic Thought, Immigration, Inflation, Investments, Law, liberty, Life, Links, Literacy, Macroeconomics, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Private Sector, Public Sector, Radio, Rants, Raves, Regulations, Resources, Security, Strategy, Talk Radio, Tax Policy, Taxes, Technology, Television, Transportation, Unemployment, Unions, Video, War, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

burstbubble

Great_recessionGreat_Depression

Fed-Reserve-Balance-Sheet

fed-dollars-2003-2012fed-balance-sheet-2016

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Federal_funds_rate

QE-Fed-BalanceSheet-SP500-020413

BREAKING 2013 Economic Collapse Peter Schiff

Overdose: The Next Financial Crisis

David Stockman: We’re in a Monetary Fantasy Land

Ben Bernanke Is The Most Dangerous Man In US History

US BOND BUBBLE’S READY TO BURST!

Max Keiser: Propped Up Bond Market Set To Burst In April

U.S. Government Bond Bubble to Burst, Faber Says 

James Grant and James Turk discuss gold, the Fed and the fiscal situation of the USA

USA Will Die – Economic Collapse 2013 – Jim Rogers

JIM ROGERS – 2013 to Be Bad, ‘God Knows What Will Happen in 2014′

Jim Rogers Predicts Global Depression In 2013-2014

Peter Schiff on Max Keiser – Stopping the Global Financial Crisis

Keiser Report: Psyops & Debt Diets

Max Keiser: Will the next crash be on Bonds?

MAX KEISER: Colossal Collapse Coming! Keiser Report

MAX KEISER: Colossal Collapse Coming! Keiser Report

ALEX JONES & Max Keiser 2013, Year of The GREAT CRASH!

Peter Schiff – Dollar Could Collapse This Fall 2013

Peter Schiff – Economic Collapse 2013

Fed Will Keep Printing Until The Dollar Collapses~ Jim Rickards

Jim Rickards  Gold is Money ($7,000 Gold Price)

James Rickards Predicts US Inflation in 2013 due to the Devaluation of the US dollar

Currency Wars: Jim Rickards

Financial Pearl Harbor’ is a Real Threat Warns a Pentagon Adviser

CNBC Global Recession Is Coming – Marc Faber

Dr. Marc Faber – US is in 50-100 trillion worth of debt!

Marc Faber ‘We Are in the End Game’ Part 1

Marc Faber  ‘We Are in the End Game Part 2

Marc Faber – We Could See a 1987-Like Market Crash – Be Prepared and Get OUT!

Marc Faber-No Government Complies With Anything

Total Economic Collapse, Death of the Dollar, Impovershment, WWIII, Marc Faber Interview

Gerald Celente Deal Or No Debt Deal, The Debt Still Exists

Bill Gross: Economy Faces Structural Headwinds, “I Think We Are Facing Bubbles Almost Everywhere”

ECONOMIC CRASH WORLDWIDE STARTING

Harry Dent predicts global economic crash in 2013

Planned Economic Collapse 2013-2014

Background Articles and Videos

Meltdown (pt 1-4) The Secret History of the Global Financial Collapse 2010

Meltdown (pt 2-4) The Secret History of the Global Financial Collapse 2010

Meltdown (pt 3-4) The Secret History of the Global Financial Collapse.2010 

Meltdown – pt 4-4 The Secret History of the Global Financial Collapse (2010) 

The Fall of Lehman Brothers

Goldman Sachs: Power and Peril – Documentary

The Ascent of Money: A Financial History of The World by Niall Ferguson Epsd. 1-5 (Full Documentary)

The Fall of the Dollar – The Death of a Fiat Currency part 1

The Fall of the Dollar – The Death of a Fiat Currency part 2

The First 12 Hours of a US Dollar Collapse

LIFE HIDDEN TRUTH 2013 GLOBAL FINANCIAL CRISIS

 

Billionaires Dumping Stocks, Economist Knows Why

 

Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast.

Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing performance” in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods.

In the latest filing for Buffett’s holding company Berkshire Hathaway, Buffett has been drastically reducing his exposure to stocks that depend on consumer purchasing habits. Berkshire sold roughly 19 million shares of Johnson & Johnson, and reduced his overall stake in “consumer product stocks” by 21%. Berkshire Hathaway also sold its entire stake in California-based computer parts supplier Intel.

With 70% of the U.S. economy dependent on consumer spending, Buffett’s apparent lack of faith in these companies’ future prospects is worrisome.

Unfortunately Buffett isn’t alone.

Fellow billionaire John Paulson, who made a fortune betting on the subprime mortgage meltdown, is clearing out of U.S. stocks too. During the second quarter of the year, Paulson’s hedge fund, Paulson & Co., dumped 14 million shares of JPMorgan Chase. The fund also dumped its entire position in discount retailer Family Dollar and consumer-goods maker Sara Lee.

Finally, billionaire George Soros recently sold nearly all of his bank stocks, including shares of JPMorgan Chase, Citigroup, and Goldman Sachs. Between the three banks, Soros sold more than a million shares.

So why are these billionaires dumping their shares of U.S. companies?

After all, the stock market is still in the midst of its historic rally. Real estate prices have finally leveled off, and for the first time in five years are actually rising in many locations. And the unemployment rate seems to have stabilized.

It’s very likely that these professional investors are aware of specific research that points toward a massive market correction, as much as 90%.

One such person publishing this research is Robert Wiedemer, an esteemed economist and author of the New York Times best-selling book Aftershock.

Editor’s Note: Wiedemer Gives Proof for His Dire Predictions in This Shocking Interview.

Before you dismiss the possibility of a 90% drop in the stock market as unrealistic, consider Wiedemer’s credentials.

In 2006, Wiedemer and a team of economists accurately predicted the collapse of the U.S. housing market, equity markets, and consumer spending that almost sank the United States. They published their research in the book America’s Bubble Economy.

The book quickly grabbed headlines for its accuracy in predicting what many thought would never happen, and quickly established Wiedemer as a trusted voice.

A columnist at Dow Jones said the book was “one of those rare finds that not only predicted the subprime credit meltdown well in advance, it offered Main Street investors a winning strategy that helped avoid the forty percent losses that followed . . .”

The chief investment strategist at Standard & Poor’s said that Wiedemer’s track record “demands our attention.”

And finally, the former CFO of Goldman Sachs said Wiedemer’s “prescience in (his) first book lends credence to the new warnings. This book deserves our attention.”

In the interview for his latest blockbuster Aftershock, Wiedemer says the 90% drop in the stock market is “a worst-case scenario,” and the host quickly challenged this claim.

Wiedemer calmly laid out a clear explanation of why a large drop of some sort is a virtual certainty.

It starts with the reckless strategy of the Federal Reserve to print a massive amount of money out of thin air in an attempt to stimulate the economy.

“These funds haven’t made it into the markets and the economy yet. But it is a mathematical certainty that once the dam breaks, and this money passes through the reserves and hits the markets, inflation will surge,” said Wiedemer.

“Once you hit 10% inflation, 10-year Treasury bonds lose about half their value. And by 20%, any value is all but gone. Interest rates will increase dramatically at this point, and that will cause real estate values to collapse. And the stock market will collapse as a consequence of these other problems.”

Read Latest Breaking News from Newsmax.com http://www.moneynews.com/MKTNews/billionaires-dump-economist-stock/2012/08/29/id/450265?PROMO_CODE=110D8-1&utm_source=taboola#ixzz2RhO2R5ey
Urgent: Should Obamacare Be Repealed? Vote Here Now!

http://www.moneynews.com/MKTNews/billionaires-dump-economist-stock/2012/08/29/id/450265?PROMO_CODE=110D8-1&utm_source=taboola

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2.5% First Quarter 2013 Real Annual Growth in Gross Domestic Product (GDP) — Stagflation — Government GDP Calculation of Investment To Include Intangibles R&D — Videos

Posted on April 26, 2013. Filed under: American History, Blogroll, Business, College, Communications, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, history, History of Economic Thought, Investments, Law, liberty, Life, Links, Literacy, Macroeconomics, media, Microeconomics, People, Philosophy, Politics, Raves, Talk Radio, Tax Policy, Taxes, Technology, Unions, Video, War, Wisdom | Tags: , , , , , , , |

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Ken Langone: Regulation Biggest Issue Hurting U.S. Economy

April 26 (Bloomberg) — Ken Langone, founder & CEO at Invemed Associates, talks with Bloomberg’s Erik Schatzker and Sara Eisen about first-quarter U.S. GDP, the impact of regulations and the anti-business stance of the Obama Administration. He speaks on Bloomberg Television’s “Market Makers.”

Peter Schiff We re in Depression, Dollar Crisis Coming

[

GDP Propaganda Exposed

Data shift to lift US economy 3%

By Robin Harding in Washington

The US economy will officially become 3 per cent bigger in July as part of a shake-up that will see government statistics take into account 21st century components such as film royalties and spending on research and development.

Billions of dollars of intangible assets will enter the gross domestic product of the world’s largest economy in a revision aimed at capturing the changing nature of US output.

Brent Moulton, who manages the national accounts at the Bureau of Economic Analysis, told the Financial Times that the update was the biggest since computer software was added to the accounts in 1999.

“We are carrying these major changes all the way back in time – which for us means to 1929 – so we are essentially rewriting economic history,” said Mr Moulton.

The changes will affect everything from the measured GDP of different US states to the stability of the inflation measure targeted by the Federal Reserve. They will force economists to revisit policy debates about everything from corporate profits to the causes of economic growth.

The revision, equivalent to adding a country as big as Belgium to the estimated size of the world economy, will make the US one of the first adopters of a new international standard for GDP accounting.

“We’re capitalising research and development and also this category referred to as entertainment, literary and artistic originals, which would be things like motion picture originals, long-lasting television programmes, books and sound recordings,” said Mr Moulton.

At present, R&D counts as a cost of doing business, so the final output of Apple iPads is included in GDP but the research done to create them is not. R&D will now count as an investment, adding a bit more than 2 per cent to the measured size of the economy.

GDP will soar in small states that host a lot of military R&D, but barely change in others, widening measured income gaps across the US. R&D is expected to boost the GDP of New Mexico by 10 per cent and Maryland by 6 per cent while Louisiana will see an increase of just 0.6 per cent.

Creative works are expected to add a further 0.5 per cent to the overall size of the US economy. Around one-third of that will come from movies, one-third from TV programmes, and one-third from books, music and theatre.

Deficits in defined benefit pension schemes will also be included because what companies have promised to pay out will be measured, rather than the cash they pay into plans.

“We will now show a liability for underfunded plans, which particularly has large ramifications for the government sector, where both at the state level and the federal level we have large underfunded plans,” said Mr Moulton.

The changes are in addition to a comprehensive revision of the national accounts that takes place every five years based on an economic census of nearly 4m US businesses.

Steve Landefeld, BEA director, said it was hard to predict the overall outcome given the mixture of new methodology and data updates. “What’s going to happen when you mix it with the new source data from the economic census . . . I don’t know,” he said.

But he said the revisions were unlikely to alter the picture of what has happened to the economy in recent years. “I wouldn’t be looking for large changes in trends or cycles.”

http://www.ft.com/cms/s/0/52d23fa6-aa98-11e2-bc0d-00144feabdc0.html#axzz2Rb5G6QBg

US GDP Will Be Revised Higher By $500 Billion Following Addition Of “Intangibles” To Economy

Submitted by Tyler Durden

Those who have been following the US debt to GDP ratio now that the US officially does not have a debt ceiling indefinitely, may have had the occasional panic attack seeing how this country’s leverage ratio is rapidly approaching that of a Troika case study of a PIIG in complete failure. And at 107% debt/GDP no explanations are necessary. Luckily, the official gatekeepers of America’s economic growth (with decimal point precision), the Bureau of Economic Analysis have a plan on how to make the US economy, which is now growing at an abysmal 1.5% annualized pace, or about 5 times slower than US debt growing at 7.5% annually, catch up: magically make up a number out of thin air, and add it to the total. And it literally is out of thin air: according to the FT the addition will constitute of a one-time addition of intangibles, amounting to 3% of total US GDP, or more than the size of Belgium at $500 billion, to the US economy.

From FT:

The US economy will officially become 3 per cent bigger in July as part of a shake-up that will see government statistics take into account 21st century components such as film royalties and spending on research and development.

Billions of dollars of intangible assets will enter the gross domestic product of the world’s largest economy in a revision aimed at capturing the changing nature of US output.

Brent Moulton, who manages the national accounts at the Bureau of Economic Analysis, told the Financial Times that the update was the biggest since computer software was added to the accounts in 1999.

“We are carrying these major changes all the way back in time – which for us means to 1929 – so we are essentially rewriting economic history,” said Mr Moulton.

What exactly will constitute GDP growth going forward? In a word, intangibles: films, books, magazines and iTunes songs.

“We’re capitalising research and development and also this category referred to as entertainment, literary and artistic originals, which would be things like motion picture originals, long-lasting television programmes, books and sound recordings,” said Mr Moulton.

At present, R&D counts as a cost of doing business, so the final output of Apple iPads is included in GDP but the research done to create them is not. R&D will now count as an investment, adding a bit more than 2 per cent to the measured size of the economy.

Nothing like adding intangibles in the fluid, ever-changing definition of what constitutes an economy.

Naturally, the only reason for this artificial “boost” to the US economy which apparently can be any old arbitrary number agreed upon by a few accountants, and which always goes up post revision, never down, is to make US debt/GDP under 100% once again, if only very briefly. Surely a few months later something else can be “added” to GDP making the US economy appear better than it is once more.

Finally, all of the above is a distraction for idiots.

As most people should know by know (this logically excludes economists), the only factor leading to economic “growth” is the expansion of liabilities of the financial system, whereby new credit (in a healthy environment, not one centrally-planned by several Princeton real-world rejects, where the central bank is forced to create all credit expansion with money that never leaves the banks and the capital markets closed loop) creates new money, creates demand for products and services, and circulates in the economy.

This can be seen in the chart below which shows the nearly perfect correlation between total bank liabilities in the US, as per the Fed’s Flow Of Funds report, and total US GDP.

Bottom line: the BEA can capitalize air consumption if it thinks it will make US GDP soar, but unless new credit and bank liabilities are created not due to forced supply but demand, and unless the private financial sector is finally willing to start lending money (which for the entire duration of QE it has not) US growth will stall and then proceed to decline.

Case in point: total US commerical bank loans are still lower than they were the day Lehman filed.

In other words, all the GDP “growth” since the Lehman failure has come on the back of money “created” by the Fed.

And there are still those who think the Fed will ever unwind…

http://www.zerohedge.com/news/2013-04-21/us-gdp-will-be-revised-higher-500-billion-following-addition-intangibles-economy

EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, FRIDAY, APRIL 26, 2013
BEA 13-18

* See the navigation bar at the right side of the news release text for links to data tables,
contact personnel and their telephone numbers, and supplementary materials.

Lisa S. Mataloni: (202) 606-5304 (GDP) gdpniwd@bea.gov
Recorded message: (202) 606-5306
Jeannine Aversa: (202) 606-2649 (News Media)
National Income and Product Accounts
Gross Domestic Product, First Quarter 2013 (advance estimate)
      Real gross domestic product -- the output of goods and services produced by labor and property
located in the United States -- increased at an annual rate of 2.5 percent in the first quarter of 2013 (that
is, from the fourth quarter to the first quarter), according to the "advance" estimate released by the
Bureau of Economic Analysis.  In the fourth quarter, real GDP increased 0.4 percent.

      The Bureau emphasized that the first-quarter advance estimate released today is based on source
data that are incomplete or subject to further revision by the source agency (see the box on page 3 and
"Comparisons of Revisions to GDP" on page 5).  The "second" estimate for the first quarter, based on
more complete data, will be released on May 30, 2013.

      The increase in real GDP in the first quarter primarily reflected positive contributions from
personal consumption expenditures (PCE), private inventory investment, exports, residential investment,
and nonresidential fixed investment that were partly offset by negative contributions from federal
government spending and state and local government spending.  Imports, which are a subtraction in the
calculation of GDP, increased.

BOX_______________________
     Comprehensive Revision of the National Income and Product Accounts

     BEA plans to release the results of the 14th comprehensive (or benchmark) revision of the national
income and product accounts (NIPAs) in conjunction with the second quarter 2013 "advance" estimate
on July 31, 2013.  More information on the revision is available on BEA’s Web site at
www.bea.gov/gdp-revisions, including a link to an article in the March 2013 issue of the Survey of
Current Business that discusses the upcoming changes in definitions and presentations, including
capitalizing spending on research and development and on entertainment originals and measuring
transactions of defined benefit pension plans on an accrual accounting basis.  An article in the May
Survey will describe changes in statistical methods, and an article in the September Survey will describe
the estimates in detail.  Revised NIPA table stubs and news release stubs will be available in June.

FOOTNOTE___________________

      Quarterly estimates are expressed at seasonally adjusted annual rates, unless otherwise
specified.  Quarter-to-quarter dollar changes are differences between these published estimates.  Percent
changes are calculated from unrounded data and are annualized.  "Real" estimates are in chained (2005)
dollars.  Price indexes are chain-type measures.

      This news release is available on www.bea.gov along with the Technical Note and highlights related to this release.
___________________________

      The acceleration in real GDP in the first quarter primarily reflected an upturn in private
inventory investment, an acceleration in PCE, an upturn in exports, and a smaller decrease in federal
government spending that were partly offset by an upturn in imports and a deceleration in nonresidential
fixed investment.

      Motor vehicle output added 0.24 percentage point to the first-quarter change in real GDP after
adding 0.18 percentage point to the fourth-quarter change.  Final sales of computers subtracted 0.01
percentage point from the first-quarter change in real GDP after adding 0.10 percentage point to the
fourth-quarter change.

      The price index for gross domestic purchases, which measures prices paid by U.S. residents,
increased 1.1 percent in the first quarter, compared with an increase of 1.6 percent in the fourth.
Excluding food and energy prices, the price index for gross domestic purchases increased 1.3 percent in
the first quarter, compared with an increase of 1.2 percent in the fourth.

      Real personal consumption expenditures increased 3.2 percent in the first quarter, compared with
an increase of 1.8 percent in the fourth.  Durable goods increased 8.1 percent, compared with an increase
of 13.6 percent.  Nondurable goods increased 1.0 percent, compared with an increase of 0.1 percent.
Services increased 3.1 percent, compared with an increase of 0.6 percent.

      Real nonresidential fixed investment increased 2.1 percent in the first quarter, compared with an
increase of 13.2 percent in the fourth.  Nonresidential structures decreased 0.3 percent, in contrast to an
increase of 16.7 percent.  Equipment and software increased 3.0 percent, compared with an increase of
11.8 percent.  Real residential fixed investment increased 12.6 percent, compared with an increase of
17.6 percent.

      Real exports of goods and services increased 2.9 percent in the first quarter, in contrast to a
decrease of 2.8 percent in the fourth.  Real imports of goods and services increased 5.4 percent, in
contrast to a decrease of 4.2 percent.

      Real federal government consumption expenditures and gross investment decreased 8.4 percent
in the first quarter, compared with a decrease of 14.8 percent in the fourth.  National defense decreased
11.5 percent, compared with a decrease of 22.1 percent.  Nondefense decreased 2.0 percent, in contrast
to an increase of 1.7 percent.  Real state and local government consumption expenditures and gross
investment decreased 1.2 percent, compared with a decrease of 1.5 percent.

      The change in real private inventories added 1.03 percentage points to the first-quarter change in
real GDP after subtracting 1.52 percentage points from the fourth-quarter change.  Private businesses
increased inventories $50.3 billion in the first quarter, following increases of $13.3 billion in the fourth
quarter and $60.3 billion in the third.

      Real final sales of domestic product -- GDP less change in private inventories -- increased 1.5
percent in the first quarter, compared with an increase of 1.9 percent in the fourth.

Gross domestic purchases

      Real gross domestic purchases -- purchases by U.S. residents of goods and services wherever
produced -- increased 2.9 percent in the first quarter; it was unchanged in the fourth quarter.

Disposition of personal income

      Current-dollar personal income decreased $109.1 billion (3.2 percent) in the first quarter, in
contrast to an increase of $262.3 billion (8.1 percent) in the fourth.  The downturn in personal income
primarily reflected a sharp downturn in personal dividend income and a sharp acceleration in
contributions for government social insurance -- a subtraction in the calculation of personal income.
Fourth-quarter personal dividend income was boosted by the payment of accelerated and special
dividends. The acceleration in contributions for government social insurance in the first quarter resulted
from the expiration of the "payroll tax holiday."

      Personal current taxes increased $27.2 billion in the first quarter, compared with an increase of
$34.3 billion in the fourth.

      Disposable personal income decreased $136.3 billion (4.4 percent) in the first quarter, in contrast
to an increase of $228.0 billion (7.9 percent) in the fourth.  Real disposable personal income decreased
5.3 percent, in contrast to an increase of 6.2 percent.

      Personal outlays increased $116.3 billion (4.1 percent) in the first quarter, compared with an
increase of $97.0 billion (3.4 percent) in the fourth.  Personal saving -- disposable personal income less
personal outlays -- was $313.3 billion in the first quarter, compared with $566.0 billion in the fourth.

      The personal saving rate -- personal saving as a percentage of disposable personal income -- was
2.6 percent in the first quarter, compared with 4.7 percent in the fourth.  For a comparison of personal
saving in BEA’s national income and product accounts with personal saving in the Federal Reserve
Board’s flow of funds accounts and data on changes in net worth, go to
www.bea.gov/national/nipaweb/Nipa-Frb.asp.

Current-dollar GDP

      Current-dollar GDP -- the market value of the nation's output of goods and services -- increased
3.7 percent, or $146.1 billion, in the first quarter to a level of $16,010.2 billion.  In the fourth quarter,
current-dollar GDP increased 1.3 percent, or $53.1 billion.

BOX_____________________
      Information on the assumptions used for unavailable source data is provided in a technical note
that is posted with the news release on BEA's Web site.  Within a few days after the release, a detailed
"Key Source Data and Assumptions" file is posted on the Web site.  In the middle of each month, an
analysis of the current quarterly estimate of GDP and related series is made available on the Web site;
click on Survey of Current Business, "GDP and the Economy."  For information on revisions, see
"Revisions to GDP, GDI, and Their Major Components."
________________________

      BEA's national, international, regional, and industry estimates; the Survey of Current Business;
and BEA news releases are available without charge on BEA's Web site at www.bea.gov. By visiting the
site, you can also subscribe to receive free e-mail summaries of BEA releases and announcements.

                                           *          *          *

                              Next release -- May 30, 2013, at 8:30 A.M. EDT for:
                              Gross Domestic Product:  First Quarter 2013 (Second Estimate)
                              Corporate Profits:  First Quarter 2013 (Preliminary Estimate)

                                            Comparisons of Revisions to GDP

     Quarterly estimates of GDP are released on the following schedule:  the "advance" estimate, based on
source data that are incomplete or subject to further revision by the source agency, is released near the end of the
first month after the end of the quarter; as more detailed and more comprehensive data become available,
the "second" and "third" estimates are released near the end of the second and third months, respectively.
The "latest"” estimate reflects the results of both annual and comprehensive revisions.

     Annual revisions, which generally cover the quarters of the 3 most recent calendar years, are usually carried
out each summer and incorporate newly available major annual source data.  Comprehensive (or benchmark)
revisions are carried out at about 5-year intervals and incorporate major periodic source data, as well as
improvements in concepts and methods that update the accounts to portray more accurately the evolving U.S.
economy.

The table below shows comparisons of the revisions between quarterly percent changes of current-dollar
and of real GDP for the different vintages of the estimates.  From the advance estimate to the second estimate (one
month later), the average revision to real GDP without regard to sign is 0.5 percentage point, while from the
advance estimate to the third estimate (two months later), it is 0.6 percentage point.  From the advance estimate to
the latest estimate, the average revision without regard to sign is 1.3 percentage points.  The average revision
(with regard to sign) from the advance estimate to the latest estimate is 0.2 percentage point, which is larger
than the average revisions from the advance estimate to the second or to the third estimates.  The larger average
revisions to the latest estimate reflect the fact that comprehensive revisions include major improvements, such as
the incorporation of BEA’s latest benchmark input-output accounts.  The quarterly estimates correctly indicate the
direction of change of real GDP 97 percent of the time, correctly indicate whether GDP is accelerating or
decelerating 72 percent of the time, and correctly indicate whether real GDP growth is above, near, or below trend
growth more than four-fifths of the time.

                           Revisions Between Quarterly Percent Changes of GDP: Vintage Comparisons
                                                     [Annual rates]

       Vintages                                   Average         Average without     Standard deviation of
       compared                                                    regard to sign      revisions without
                                                                                         regard to sign

____________________________________________________Current-dollar GDP_______________________________________________

Advance to second....................               0.2                 0.6                  0.4
Advance to third.....................                .1                  .7                   .4
Second to third......................                .0                  .3                   .2

Advance to latest....................                .3                 1.2                  1.0

________________________________________________________Real GDP_____________________________________________________

Advance to second....................               0.1                 0.5                  0.4
Advance to third.....................                .1                  .6                   .5
Second to third......................                .0                  .2                   .2

Advance to latest....................                .2                 1.3                  1.0

NOTE.  These comparisons are based on the period from 1983 through 2009.
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Progressive President Problem — Warfare and Welfare State — Big Government Intervention In Economy At Home and Militarily Abroad — Government Dependency — Serfdom and Collectivism in The New World Order — They Have Won — The Solution — Freedom Force International– Videos

Posted on April 25, 2013. Filed under: Blogroll, Politics, Video, Technology, Taxes, Raves, Rants, Economics, Links, War, People, Life, Regulations, Talk Radio, Education, Employment, Security, Communications, Law, Philosophy, Wisdom, liberty, Crime, Fiscal Policy, government spending, media, history, Demographics, Language, government, Federal Government, College, Business, Wealth, American History, Macroeconomics, Tax Policy, Federal Government Budget, History of Economic Thought, Terrorism, Constitution | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , |

progressive_presidents

5_Living_US_Presidents

roundtables

Mind blowing speech by Robert Welch in 1958 predicting Insiders plans to destroy America

G. Edward Griffin: The Collectivist Conspiracy (Full Length)

An Idea Whose Time Has Come – G. Edward Griffin – Freedom Force International – Full

G. Edward Griffin Promotes Freedom Force International Part 1 of 2

G. Edward Griffin Promotes Freedom Force International Part 2 of 2

Capitalism Without Guilt – Yaron Brook on morals of capitalism.

Invisible Empire A New World Order Defined Full

George W. Bush breaks down at library dedication

Bill Clinton speaks of Carroll Quigley at 1992 Democratic National Convention

tragedy-and-hope

Hillary Clinton admits that the CFR runs the Government

Dick Cheney ex-director of CFR talks to David Rockefeller

Americans and Collectivism – TheBlazeTV – The Glenn Beck Program – 2013.04.26

Glenn Beck Predicts New World Order. Global Reset. U.S. Will Be A 3rd World State

Glenn Beck- ‘How Did Communism Become Cool?’

Super rich are in a conspiracy to rule the world – G. Edward Griffin

G. Edward Griffin The Dangerous Servant A Discourse on Government

The Quigley Formula – G. Edward Griffin lecture

tragedyandhope.3

“Legalized Plunder of the American People” – G. Edward Griffin

The Shadows of Power: The Council on Foreign Relations and the American Decline | James Perloff

Invisible Empire A New World Order Defined Full

[yotube=http://www.youtube.com/watch?v=NO24XmP1c5E]

THE CREED OF FREEDOM

INTRINSIC NATURE OF RIGHTS
I believe that only individuals have rights, not the collective group; that these rights are intrinsic to each individual, not granted by the state; for if the state has the power to grant them, it also has the power to deny them, and that is incompatible with personal liberty.
I believe that a just state derives its power solely from its citizens. Therefore, the state must never presume to do anything beyond what individual citizens also have the right to do. Otherwise, the state is a power unto itself and becomes the master instead of the servant of society.

SUPREMACY OF THE INDIVIDUAL
I believe that one of the greatest threats to freedom is to allow any group, no matter its numeric superiority, to deny the rights of the minority; and that one of the primary functions of a just state is to protect each individual from the greed and passion of the majority.

FREEDOM OF CHOICE
I believe that desirable social and economic objectives are better achieved by voluntary action than by coercion of law. I believe that social tranquility and brotherhood are better achieved by tolerance, persuasion, and the power of good example than by coercion of law. I believe that those in need are better served by charity, which is the giving of one’s own money, than by welfare, which is the giving of other people’s money through coercion of law.

EQUALITY UNDER LAW
I believe that all citizens should be equal under law, regardless of their national origin, race, religion, gender, education, economic status, life style, or political opinion. Likewise, no class should be given preferential treatment, regardless of the merit or popularity of its cause. To favor one class over another is not equality under law.

PROPER ROLE OF THE STATE
I believe that the proper role of the state is negative, not positive; defensive, not aggressive. It is to protect, not to provide; for if the state is granted the power to provide for some, it must also be able to take from others, and that always leads to legalized plunder and loss of freedom. If the state is powerful enough to give us everything we want, it also will be powerful enough to take from us everything we have. Therefore, the proper function of the state is to protect the lives, liberty, and property of its citizens, nothing more. That state is best which governs least.


THE THREE COMMANDMENTS OF FREEDOM

The Creed of Freedom is based on five principles. However, in day-to-day application, they can be reduced to just three codes of conduct. These are The Three Commandments of Freedom:

INDIVIDUAL RIGHTS
Only individuals have rights, not groups. Therefore, do not sacrifice the rights of any individual or minority for the alleged rights of groups.

EQUALITY UNDER LAW
To favor one class of citizens over others is not equality under law. Therefore, do not endorse any law that does not apply to all citizens equally.

FREEDOM OF CHOICE
The proper function of the state is to protect, not to provide. Therefore, do not approve coercion for any purpose except to protect human life, liberty, or property.


THE THREE PILLARS OF FREEDOM

Another way of viewing these principles is to consider them as the three pillars of freedom. They are concepts that underlie the ideology of individualism, and individualism is the indispensable foundation of freedom.

For the rational and historical support for The Creed of Freedom, see The Chasm in the Issues section of his site. This 21-page document will take 10 to 45 seconds to load depending on the speed of your Internet connection.

Background Articles and Videos

Freedom Force International speaker for Liberty in Pittsburgh

Rare Carroll Quigley interview

Professor Carroll Quigley, Bill Clinton’s mentor at Georgetown University, authored a massive volume entitled “Tragedy and Hope” in which he states: “There does exist and has existed for a generation, an international network which operates, to some extent, in the way the radical right believes the Communists act. In fact, this network, which we may identify as the Round Table Groups, has no aversion to cooperating with the Communists, or any other groups, and frequently does so. I know of the operations of this network because I have studied it for twenty years and was permitted for two years, in the early 1960s, to examine its papers and secret records. I have no aversion to it or to most of its aims, and have, for much of my life, been close to it and to many of its instruments. I have objected, both in the past and recently, to a few of its policies, but in general my chief difference of opinion is that it wishes to remain unknown, and I believe its role in history is significant enough to be known.”

[1 of 5] Rare Carroll Quigley Interview

Carroll Quigley was the historian for the Council on Foreign Relations and author of Tragedy and Hope (tragedy is all the people who must suffer and die for the NWO, and the hope is the NEW WORLD ORDER )

Professor Quigley was a Globalist, he supported the idea NEW WORLD ORDER and wrote about it, he, unlike the elites, thought the people should know about it.

“I know of this network because I have studied it for twenty years and was permitted for two years in the early 1960s to examine its papers and secret records. I have no aversion to it or to most of its aims and have, for much of my life, been close to it and to many of its instruments. I have objected, both in the past and recently, to a few of its policies … but in general my chief difference of opinion is that it wishes to remain unknown, and I believe its role in history is significant enough to be known.” — Dr. Carroll Quigley, Tragedy and Hope

“The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements, arrived at in frequent private meetings and conferences…”

“The apex of the system was the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the worlds’ central banks which were themselves private corporations…”

“The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.” Tragedy and Hope: A History of The World in Our Time (Macmillan Company, 1966,) Professor Carroll Quigley of Georgetown University

“The Council on Foreign Relations is the American branch of a society which originated in England … [and] … believes national boundaries should be obliterated and one-world rule established.” Dr. Carroll Quigley

“As a teenager, I heard John Kennedy’s summons to citizenship. And then, as a student, I heard that call clarified by a professor I had named Carroll Quigley.”President Clinton, in his acceptance speech for the Democratic Party’s nomination for president, 16 July 1992

[2 of 5] Rare Carroll Quigley Interview

[3 of 5] Rare Carroll Quigley Interview

[4 of 5] Rare Carroll Quigley Interview

[5 of 5] Rare Carroll Quigley Interview

The Creature From Jekyll Island (by G. Edward Griffin)

The Creature From Jekyll Island
A Second Look at the Federal Reserve
by G. Edward Griffin

Recorded: 1994

Edward Griffin – The Subversion Factor

CFR – List of Members and Organisations Involved

Jimmy Carter Administration

President Carter (who became a CFR member in 1983) appointed over 60 CFR members to serve in his Administration:

  • Walter Mondale (Vice-President)
  • Zbigniew Brzezinski (National Security Advisor)
  • Cyrus R. Vance (Secretary of State)
  • W. Michael Blumenthal (Secretary of Treasury)
  • Harold Brown (Secretary of Defense)
  • Stansfield Turner (Director of the CIA)
  • Gen. David Jones (Chairman of the Joint Chiefs of Staff)

Ronald Reagan Administration

There were 75 CFR and Trilateral Commission members under President Reagan:

  • Alexander Haig (Secretary of State)
  • George Shultz (Secretary of State)
  • Donald Regan (Secretary of Treasury)
  • William Casey (CIA Director)
  • Malcolm Baldridge (Secretary of Commerce)
  • Jeanne J. Kirkpatrick (U.N. Ambassador)
  • Frank C. Carlucci (Deputy Secretary of Defense)
  • William E. Brock (Special Trade Representative)

George H. W. Bush Administration

During his 1964 campaign for the U.S. Senate in Texas, George Bush said: “If Red China should be admitted to the U.N., then the U.N. is hopeless and we should withdraw.” In 1970, as Ambassador to the U.N., he pushed for Red China to be seated in the General Assembly. When Bush was elected, the CFR member became the first President to publicly mention the “New World Order” and had in his Administration nearly 350 CFR and Trilateral Commission members:

  • Brent Scowcroft (National Security Advisor)
  • Richard B. Cheney (Secretary of Defense)
  • Colin L. Powell (Chairman of the Joint Chiefs of Staff)
  • William Webster (Director of the CIA)
  • Richard Thornburgh (Attorney General)
  • Nicholas F. Brady (Secretary of Treasury)
  • Lawrence S. Eagleburger (Deputy Secretary of State)
  • Horace G. Dawson, Jr. (U.S. Information Agency and Director of the Office of Equal Opportunity and Civil Rights)
  • Alan Greenspan (Chairman of the Federal Reserve Board)

Bill Clinton Administration

When CFR member Bill Clinton was elected, Newsweek magazine would later refer to him as the “New Age President.” In October, 1993, Richard Harwood, a Washington Post writer, in describing the Clinton Administration, said its CFR membership was “the nearest thing we have to a ruling establishment in the United States”.

  • Albert Gore, Jr. (Vice-President)
  • Donna E. Shalala (Secretary of Health and Human Services)
  • Laura D. Tyson (Chairman of the Council of Economic Advisors)
  • Alice M. Rivlin (Deputy Director of the Office of Management and Budget)
  • Madeline K. Albright (U.S. Ambassador to the U.N.)
  • Warren Christopher (Secretary of State)
  • Clifton R. Wharton, Jr. (Deputy Secretary of State and former Chairman of the Rockefeller Foundation)
  • Les Aspin (Secretary of Defense)
  • Colin Powell (Chairman, Joint Chiefs of Staff)
  • W. Anthony Lake (National Security Advisor)
  • George Stephanopoulos (Senior Advisor)
  • Samuel R. ‘Sandy’ Berger (Deputy National Security Advisor)
  • R. James Woolsey (CIA Director)
  • William J. Crowe, Jr. (Chairman of the Foreign Intelligence Advisory Board)
  • Lloyd Bentsen (former member, Secretary of Treasury)
  • Roger C. Altman (Deputy Secretary of Treasury)
  • Henry G. Cisneros (Secretary of Housing and Urban Development)
  • Bruce Babbit (Secretary of the Interior)
  • Peter Tarnoff (Under Secretary of State for International Security of Affairs)
  • Winston Lord (Assistant Secretary of State for East Asian and Pacific Affairs)
  • Strobe Talbott (Aid Coordinator to the Commonwealth of Independent States)
  • Alan Greenspan (Chairman of the Federal Reserve System)
  • Walter Mondale (U.S. Ambassador to Japan)
  • Ronald H. Brown (Secretary of Commerce)
  • Franklin D. Raines (Economics and International Trade).

George W. Bush Administration

  • Richard Cheney (Vice President, former Secretary of Defense under President G.H.W. Bush)
  • Colin Powell (Secretary of State, former Chairman of the Joint Chiefs of Staff under Presidents Bush and Clinton)
  • Condoleeza Rice (National Security Advisor, former member of President Bush’s National Security Council)
  • Robert B. Zoellick (U.S. Trade Representative, former Under Secretary of State in the Bush administration)
  • Elaine Chao (Secretary of Labor)
  • Brent Scowcroft (Chairman of the Foreign Intelligence Advisory Board, former National Security Advisor to President Bush)
  • Richard Haass (Director of Policy Planning at the State Department and Ambassador at Large)
  • Henry Kissinger (Pentagon Defense Policy Board, former Secretary of State under Presidents Nixon and Ford)
  • Robert Blackwill (U.S. Ambassador to India, former member of President Bush’s National Security Council)
  • Stephen Friedman (Sr. White House Economic Advisor)
  • Stephen Hadley (Deputy National Security Advisor, former Assistant Secretary of Defense under Cheney)
  • Richard Perle (Chairman of Pentagon Defense Policy Board, former Assistant Secretary of Defense in the Reagan administration)
  • Paul Wolfowitz (Assistant Secretary of Defense, former Assistant Secretary of State in the Reagan administration and former Under Secretary of Defense in the Bush administration)
  • Dov S. Zakheim (Under Secretary of Defense, Comptroller, former Under Secretary of Defense in the Reagan administration)
  • I. Lewis Libby (Chief of Staff for the Vice President, former Deputy Under Secretary of Defense).

http://modernhistoryproject.org/mhp?Article=FinalWarning&C=5.3

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Murray Rothbard: Six Stages of the Libertarian Movement — Videos

Posted on April 24, 2013. Filed under: American History, Banking, Blogroll, Business, College, Communications, Culture, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, history, History of Economic Thought, Inflation, Investments, Language, Law, liberty, Life, Links, Literacy, Macroeconomics, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Private Sector, Public Sector, Rants, Raves, Regulations, Tax Policy, Taxes, Technology, Unemployment, Unions, Video, War, Wealth, Weapons, Wisdom | Tags: , , , , , , |

murray-rothbard

Murray Rothbard: Six Stages of the Libertarian Movement

Libertarianism | Murray N. Rothbard

The Future of Austrian Economics | Murray N. Rothbard

Lew Rockwell and Tom Woods discuss Rothbard and the Koch Brothers

Lew Rockwell.com Podcast #20 – Memories of Murray

Murray Rothbard Gives a Tribute to Ludwig von Mises

The_History_of_Economic_Thought_Lecture_5_Mises_and_Austrian_Economics_Murray_Rothbard

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Where is Gold Prices Going? Peter Schiff vs. Larry Kudlow: Gold & The Dollar — Videos

Posted on April 23, 2013. Filed under: Blogroll, Books, Business, College, Communications, Constitution, Economics, Education, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, history, Investments, Law, liberty, Life, Links, media, People, Philosophy, Politics, Raves, Taxes, Technology, Unemployment, Video, War, Wisdom | Tags: , , |

gold_price_wobbles_as_liquidation_intensifies

Peter Schiff vs. Larry Kudlow: Gold & The Dollar

Peter Schiff: I’ve Been Buying Gold for 13 Years

Bloomberg’s Alix Steel Analyzes Why Peter Schiff & Gold Mining Stocks Are Massive Losers

Clown Solidarity – Jim Cramer Supports Peter Schiff On Gold (You Know What This Means…)

Keiser Report: Correlation & Causation of Gold Price (E434, ft. Paul Craig Roberts)

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Democratic Controlled U.S. Senate Fiscal Year 2014 Budget for the Federal Government — Videos

Posted on April 14, 2013. Filed under: American History, Banking, Blogroll, Business, Climate, College, Communications, Demographics, Diasters, Economics, Education, Employment, Energy, Enivornment, Farming, Federal Government, Federal Government Budget, Fiscal Policy, Food, Foreign Policy, government, government spending, history, Homes, Immigration, Inflation, Investments, Language, Law, liberty, Life, Links, Literacy, Macroeconomics, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Private Sector, Psychology, Public Sector, Rants, Raves, Regulations, Tax Policy, Taxes, Technology, Unemployment, Unions, Video, War, Wealth, Weapons, Wisdom | Tags: , , , , , , , , , , , , , , , |

Senate-Budget-Committee-Chair-Patty-Murray-via-AFPThe-Presidents-Fiscal-Year-2014-Budget-proposal-is-delivered-to-the-Senate-Budget-Committee_10_1The Hosue Budget Committee releases it's FY2014 Budget in Washington

Paul Ryan Questions OMB Director – President’s Fiscal Year 2014 Budget Request

Sessions: Obama’s Persistent Budget Misrepresentations Make Compromise More Difficult

‘When Do We Hold People Accountable?’ Sessions Slams Dems For Falsely Claiming ‘Balance’ To Nation

WASHINGTON, March 22—Throughout the course of the budget debate, Democratic Senators have repeatedly suggested their budget contains a “balanced approach,” a rhetorical description that has no accounting value. (Sen. Sheldon Whitehouse (D-RI) went even further last night and repeatedly said his party’s plan called for “balancing the budget.”)

But as Sen. Sessions pointed out this morning, “They know they don’t have a balanced budget. They won’t tell the American people they don’t have one. They just use the word. But it’s not in their document. Where and when do we hold people accountable in this United States Senate for an accurate [description] of legislation? It’s wrong.”

To view for yourself the budget tables with the Democrats’ own numbers (in other words, before one even begins to strip out all the gimmicks and accounting tricks), please click here: http://1.usa.gov/YwdsbM. Note that cumulative deficits will amount to $5.198 trillion, and the nation’s gross debt will climb to $24.365 trillion by 2023.

Dem Senators On Budget Committee Unanimously Oppose Balancing The Federal Budget

Hatch on Senate Democrats’ Budget: ‘A Cynical Political Document’

Senator King Discusses 2014 Fiscal Year Budget Blueprint

Sessions: Dem Budget Would Trap Millions In Poverty By Shielding Failed Government Programs

 Senate Budget Committee Hearing | 4.10.13 | Chairman Murray Opening Remarks

Chairman Murray Kicks Off Senate Budget Resolution Debate with Speech on Senate Floor

Foundation for Growth: Restoring the Promise of American Opportunity

U.S. Senate Budget Committee

Senate Budget Committee Chairman Patty Murray unveils her vision for the Fiscal Year 2014 Senate Budget resolution.

For more information: http://www.budget.senate.gov/democrat­ic

Portman Remarks at Senate Budget Committee Markup 

Hatch: Entitlement Reform Not an Option, a Necessity

Background Articles and Videos

Making the Federal Budget

How do you spend four trillion dollars? Turns out, you don’t; it takes the President and the Congress to allocate, authorize, appropriate, resolve, outlay, sequester, impound, and just plain spend that much in 2011. Such a process is baffling at times. It’s so complex that you may marvel that Washington can get any action accomplished and paid for at all. So how does the federal budget happen?

Join the Mercatus Center’s Capitol Hill Campus and Senior Research Fellow Jason J. Fichtner for a walk through the process of making the federal budget. He explains the process from its beginnings in the halls of the White House, highlight the many roles Congress takes to authorize and enforce the budget, and navigate the twisting, puzzling conglomeration of bureaucratic steps, political goals, and accountancy rules that go into making our government function.

Changing the Budget Process to Promote Fiscal Responsibility

A Sustainable Approach to Entitlement Reform 

Foundation for Growth: Restoring the Promise of American Opportunity

The Fiscal Year 2014 Senate Budget builds on the work done over the last two years to create jobs, invest in broad-based economic growth, and tackle our deficit and debt responsibly.

This budget takes the balanced and responsible approach to our fiscal challenges that every bipartisan group has endorsed and that the American people support. It includes responsible spending cuts made across the federal budget, as well as significant new savings achieved by eliminating loopholes and cutting wasteful spending in the tax code that benefits the wealthiest Americans and biggest corporations.

The Senate Budget is grounded in the understanding that our country’s long-term fiscal and economic goals will only be met with policies that support a strong and growing middle class. And it keeps the promises we have made to our seniors, our families, and our communities.

The American people are sick and tired of watching their government lurch from crisis to crisis. The Senate Budget offers a serious and credible path away from this gridlock and dysfunction and toward a long-term plan to create jobs, lay down a strong foundation for broad-based economic growth, replace sequestration, and tackle our deficit and debt responsibly and credibly.

This budget reflects the values of a diverse Senate serving a diverse nation, and it is guided by the principles and priorities that are strongly supported by the constituents we were elected to represent

http://www.budget.senate.gov/democratic/index.cfm/senatebudget

 

Foundation for Growth: Restoring the Promise of American Opportunity

The Fiscal Year 2014 Senate Budget builds on the work done over the last two years to create jobs, invest in broad-based economic growth, and tackle our deficit and debt responsibly.

This budget takes the balanced and responsible approach to our fiscal challenges that every bipartisan group has endorsed and that the American people support. It includes responsible spending cuts made across the federal budget, as well as significant new savings achieved by eliminating loopholes and cutting wasteful spending in the tax code that benefits the wealthiest Americans and biggest corporations.

The Senate Budget is grounded in the understanding that our country’s long-term fiscal and economic goals will only be met with policies that support a strong and growing middle class. And it keeps the promises we have made to our seniors, our families, and our communities.

The American people are sick and tired of watching their government lurch from crisis to crisis. The Senate Budget offers a serious and credible path away from this gridlock and dysfunction and toward a long-term plan to create jobs, lay down a strong foundation for broad-based economic growth, replace sequestration, and tackle our deficit and debt responsibly and credibly.

This budget reflects the values of a diverse Senate serving a diverse nation, and it is guided by the principles and priorities that are strongly supported by the constituents we were elected to represent.

The highest priority of the Senate Budget is to create the conditions for job creation, economic growth, and prosperity built from the middle out, not the top down.

The Senate Budget takes the position that trickle-down economics has failed as an economic policy and that true national prosperity comes from the middle out, not the top down. We believe that deficit reduction at the expense of economic growth is doomed to failure, and policies that promote a strong middle class are essential to tackling our long-term deficit and debt challenges.

The policies President Barack Obama and Congress put in place in response to the Great Recession pulled our economy back from the brink and helped to add back jobs. But with an unemployment rate that remains stubbornly high, and a middle class that has seen their wages stagnate for far too long, we simply cannot afford any threats to our fragile recovery. Therefore, the Senate Budget:

• Fully replaces the harmful cuts from sequestration with smart, balanced, and responsible deficit reduction, which would save hundreds of thousands of jobs while protecting families, communities, and the fragile economic recovery.

• Invests in long-term economic growth and national competitiveness by tackling our serious deficits in infrastructure, education, job training, and innovation to create jobs now and lay down a strong foundation for broad-based growth.

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• Includes a $100 billion targeted jobs and infrastructure package that would start creating new jobs quickly, begin repairing the worst of our crumbling roads and bridges, and help train our workers to fill 21

st century jobs. This jobs investment package is fully paid for by eliminating loopholes and cutting wasteful spending in the tax code that benefits the wealthiest Americans and biggest corporations.

• Protects and continues tax cuts for the middle class and low-income working families.

The Senate Budget builds on the work we have done over the last two years to tackle our deficit and debt responsibly.

At the end of 2010, the bipartisan Simpson-Bowles Commission report laid out a responsible goal of reducing our deficit by $4 trillion over ten years. Since that time, Congress and the administration have implemented $2.4 trillion in deficit reduction, with $1.8 trillion coming from spending cuts and $600 billion coming from new revenue from the wealthiest Americans. The Senate Budget:

• Surpasses the bipartisan goal of $4 trillion in 10-year deficit reduction and puts our deficit and debt on a downward, sustainable, and responsible path.

• Builds on the $2.4 trillion in deficit reduction already done with an additional $1.85 trillion in new deficit reduction for a total of $4.25 trillion in deficit reduction since the Simpson-Bowles report.

• Includes an equal mix of responsible spending cuts and new revenue raised by closing loopholes and ending wasteful spending in the tax code.

• Achieves $975 billion in deficit reduction through responsible spending cuts made across the federal budget:

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$493 billion saved on the domestic spending side, including $275 billion in health care savings made in a way that does not harm seniors or families.

 

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$240 billion saved by carefully and responsibly cutting defense spending to align with the drawdown of troops in our overseas operations.

 

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$242 billion saved in reduced interest payments.

• Achieves $975 billion in deficit reduction by closing loopholes and eliminating wasteful spending in the tax code that benefits the wealthiest Americans and biggest corporations.

• Includes reconciliation instructions, a fast-track process that makes sure that the new revenue from the wealthiest Americans and biggest corporations cannot be filibustered in the Senate.

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The Senate Budget keeps the promises we have made to our seniors, families, veterans, and communities.

The Senate Budget takes the position that the promises we made to our seniors, families, veterans, and communities ought to be fulfilled. This budget:

• Preserves and protects Medicare so that it is strong for seniors today and will be there for our children and grandchildren.

• Rejects calls to dismantle, privatize, or voucherize Medicare.

• Builds on the responsible changes made in the Affordable Care Act to continue reducing health care costs while protecting patients.

• Protects the expansion of health insurance to nearly 30 million Americans and ensures the federal-state partnership on Medicaid is preserved.

• Rejects efforts to simply shift health care costs to states or make cuts that harm seniors and the most vulnerable families.

• Maintains the key principle that deficit reduction should not be done on the backs of the most vulnerable families and communities.

• Continues to make the investments we need in national defense, homeland security, and law enforcement to keep our country and our communities strong and secure.

• Keeps the promise we have made to our veterans that their country will be there for them and provide the resources and support they need when they come home.

The House Republican approach would hurt middle class families and the economy and break the promises we have made to our seniors.

The Senate Budget offers a very different vision than the approach taken by House Republicans.

Their proposals would cut the legs out from under our fragile economic recovery and threaten millions of jobs. They would slash the investments in infrastructure, education, and innovation that we need to lay down a strong foundation for broad-based growth and that would position us to compete and win in the 21

st century global economy.

House Republicans would dismantle Medicare and cut off programs that support the middle class and most vulnerable families. And they would do all that while refusing to ask the wealthiest Americans and biggest corporations to contribute their fair share.

We believe that the American people strongly support the pro-growth, pro-middle class approach taken in the Senate Budget. And we look forward to engaging with families and seniors across the country as we work to pass the responsible, fair, and bipartisan budget deal the American people expect and deserve.

April 2013
March 2013

The following timetable is used to guide the federal budget process each year (see 2. U.S.C. 631)

Date Action
1st Monday in February President’s budget submission (includes OMB sequester preview report and adjustments to spending caps).
February 15 CBO budget and economic outlook report
Within 6 weeks of President’s budget Committees submit views and estimates to the Budget Committees
April 1 Senate Budget Committee reports resolution
April 15 Congress completes budget resolution. If not, Chairman of House Budget Committee files 302(a) allocations; Ways and Means is free to proceed with pay-as-you-go measures
May 15 Appropriations bills may be considered in the House
June 10 House Appropriations reports last bill
June 15 Congress completes action on reconciliation reconciliation (if applicable)
June 30 House completes action on annual appropriation bills
July 15 President submits mid-session review
October 1

Fiscal year begins

Home / Committee Resources / Glossary

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Appropriations Act: A statute, under the jurisdiction of the House and Senate Appropriations Committees, that generally provides authority for Federal agencies to incur obligations and to make payments out of the Treasury for specified purposes. An appropriation act is the most common means of providing budget authority. Currently, there are 13 regular appropriations acts for each fiscal year. From time to time, Congress also enacts supplemental appropriations acts. (See Appropriations under Budget Authority; Continuing Resolution; Supplemental Appropriation.)

Authorizing Committee: A committee of the House or Senate with legislative jurisdiction over laws that set up or continue the operations of Federal programs and provide the legal basis for making appropriations for those programs. Authorizing committees also have direct control over spending for mandatory programs since the Government’s obligation to make payments for such program is contained in the authorizing legislation (See Entitlement.)

Authorizing Legislation: Legislation enacted by Congress that sets up or continues the operation of a Federal program or agency indefinitely or for a specific period of time. Authorizing legislation may limit the amount of budget authority which can be appropriated for a program or may authorize the appropriation of “such sums as are necessary.” (See Budget Authority; Entitlement.)

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Backdoor Spending: (See Direct Spending or Mandatory Spending.)

Budget Authority: The authority Congress gives to Government agencies, permitting them to enter into obligations which will result in immediate or future outlays.

Budget authority may be classified in several ways. It may be classified by the form it takes: appropriations, borrowing authority, or contract authority. Budget authority may also be classified by the determination of amount: definite authority or indefinite authority. Finally budget authority may be classified by the period of availability: 1-year authority, multi-year authority, or no-year authority (available until used).

Forms of Budget Authority

Appropriations.–An act of Congress that permits Federal agencies to incur obligations and to make payments out of the Treasury for specified purposes. An appropriations act is the most common means of providing budget authority.

Borrowing Authority.–Statutory authority that permits a Federal agency to incur obligations and to make payments for specified purposes out of money borrowed from the Treasury, the Federal Financing Bank, or the public. The Budget Act in most cases requires that new authority to borrow must be approved in advance in an appropriation act.

Contract Authority.–Statutory authority that permits a Federal agency to enter into contracts in advance of appropriations. Under the Budget Act, most new authority to contract must be approved in advance in an appropriation act. Offsetting collections and receipts.–Income from the public which is displayed in the budget as negative budget authority. (See Offsetting Collections and Offsetting Receipts.

Budget Baseline: Projected Federal spending, revenue and deficit levels based on the assumption that current policies will continue unchanged for the upcoming fiscal year.

In determining the budget baseline under Gramm-Rudman-Hollings, the Directors of OMB and CBO estimate revenue levels and spending levels for entitlement programs based on continuation of current laws. For estimating discretionary spending amounts (both defense and non- defense), the Directors assume an adjustment for inflation (GNP deflator) added to the previous year’s discretionary spending levels. The baseline also includes sufficient appropriations to cover a Federal pay comparability raise (without absorption).

Budget Deficit: The amount by which the Government’s total outlays exceed its total revenues for a given fiscal year. (See Outlays; Revenues.)

Budget Resolution: A concurrent resolution passed by both Houses of Congress setting forth, reaffirming, or revising the congressional budget for the U.S. Government for a fiscal year. A budget resolution is a concurrent resolution of Congress. Concurrent resolutions do not require a presidential signature because they are not laws. Budget resolutions do not need to be laws because they are a legislative device for the Congress to regulate itself as it works on spending and revenue bills.

(Unified) Budget Surplus: The amount by which the Government’s revenues exceed its outlays for a given fiscal year. The “on-budget surplus” excludes spending and revenues of the Social Security Trust Fund, and the Postal Service. (See Outlays; Revenues.)

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Capital Budget: A budget that segregates capital spending from all other spending, what is usually considered the “operating budget.” In a capital budget, spending and receipts in the capital budget are excluded from the operating budget and are not included in the operating budget’s deficit or surplus calculations. A capital budget would include spending only for capital assets. Capital assets are usually defined to be limited to land, structures, equipment, and intellectual property that are owned and used by the Federal government and have a useful life of more than 2 years. However, some proponents of capital budgeting have suggested that capital should be defined to include Federal “investment” spending that yields long-term benefits. President Clinton established a Commission to Study Capital Budgeting by issuing Executive Order 13037 on March 3, 1997. The Commission is required to issue its report by December 17, 1998.

Congressional Budget: (See Budget Resolution.)

Continuing Resolution: Appropriations legislation enacted by Congress to provide temporary budget authority for Federal agencies to keep them in operation when their regular appropriation bill has not been enacted by the start of the fiscal year. A continuing resolution is a joint resolution, which has the same legal status as a bill.

A continuing resolution frequently specifies a maximum rate at which obligations may be incurred, based on the rate of the prior year, the President’s budget request, or an appropriation bill passed by either or both chambers of Congress. However, there have been instances when Congress has used a continuing resolution as an omnibus measure to enact a number of appropriation bills.

A continuing resolution is a form of appropriation act and should not be confused with the budget resolution.

Credit Authority: Authority to incur direct loan obligations or to incur primary loan guarantee commitments. Under the Budget Act, new credit authority must be approved in advance in an appropriation act.

Crosswalk: Also known as “committee allocation” or “section 302 allocation.” The means by which budget resolution spending totals are translated into binding guidelines with respect to budget authority and outlays for committee action on spending bills. The Budget Committees allocate the budget resolution totals among the committees by jurisdiction, Crosswalk allocations of budget authority and outlays to the committee appear in the joint explanatory statement accompanying a conference report on the budget resolution.

Current Services Budget: A section of the President’s budget, required by the Budget Act, that sets forth the level of spending or taxes that would occur if existing programs and policies were continued unchanged through the fiscal year and beyond, with all programs adjusted for inflation so that existing levels of activity are maintained. (See Baseline.)

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Deferral of Budget Authority: An action by the executive branch that delays the obligation of budget authority beyond the point it would normally occur. Pursuant to the Congressional Budget and Impoundment Control Act of 1974, the President must provide advanced notice to the Congress of any proposed deferrals. A deferral may not extend beyond the end of the fiscal year in which the President’s message proposing the deferral is made. Congress may overturn a deferral by passing a law disapproving the deferral.

Deficit: The amount by which the government’s total budget outlays exceeds its total receipts for a fiscal year.

Direct Spending: A term defined in the Budget Enforcement Act of 1990 to include entitlement authority, the food stamp program, and budget authority provided in law other than appropriations acts. From the perspective of the appropriations process, all direct spending is classified as mandatory as opposed to discretionary spending. New direct spending is subject to pay-as-you-go requirements. Direct spending is synonymous with mandatory spending. (See Mandatory Spending and Entitlement.)

Discretionary Spending: A category of spending (budget authority and outlays) subject to the annual appropriations process. (See Appropriations Acts.)

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Entitlement: Programs that are governed by legislation in a way that legally obligates the Federal government to make specific payments to qualified recipients. Payments to persons under the Social Security, Medicare, and veterans’ pensions programs are considered to be entitlements. (See Direct Spending and Mandatory Spending.)

Emergency Spending: As provided in the Budget Enforcement Act, a provision of legislation designated as an emergency by both the President and the Congress. As a result, this additional spending is not subject to the discretionary caps or the pay go requirements and thus will not cause a sequester. In addition, emergency legislation is effectively exempt from Budget Act points of order.

There is no specific criteria in the law for emergency spending. However, the following criteria were contained in a June 1991 report prepared by the Office of Management and Budget–as required by Pub. L. No. 102-55 for the determination of whether to designate spending as an emergency spending:

Necessary expenditure.–an essential or vital expenditure, not one that is merely useful or beneficial;

Sudden.–quickly coming into being, not building up over time;

Urgent.–pressing and compelling need requiring immediate action;

Unforseen.–not predictable or seen beforehand as a coming need (an emergency that is part of an aggregate level of anticipated emergencies, particularly when normally estimated in advance, would not be “unforseen”); and

Not permanent.–the need is temporary in nature.

Expenditures: (See Outlays.)

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Federal Debt: Consists of all Treasury and agency debt issues outstanding. Current law places a limit or ceiling on the amount of debt. Debt subject to limit has two components: debt held by the government and debt held by the public.

Debt held by the government.–Represents the holdings of debt by federal trust funds and other special government funds. For example, when a trust fund is in surplus as is presently the case with Social Security, the law requires that this surplus be invested in government securities.

Debt held by the public.–Represents the holdings of debt by individuals, institutions, other buyers outside the federal government, and the Federal Reserve System. The change in debt held by the public in any given year closely tracks the unified budget deficit for that year.

Fiscal Policy: Federal government policies with respect to taxes, spending, and debt management intended to promote the nations’ macroeconomic goals, particularly with respect to employment, gross national product, price level stability, and equilibrium in balance of payments. The budget process is a major vehicle for determining and implementing Federal fiscal policy. The other major component of Federal macroeconomic policy is monetary policy. (See Monetary Policy.)

Fiscal Year: A fiscal year is a 12-month accounting period. The fiscal for the Federal Government begins October 1 and ends September 30. The fiscal year is designated by the calendar year in which it ends; for example fiscal year 1997 is the year beginning October 1, 1996, and ending September 30, 1997.

Functional Classification: A system of classifying budget resources by major purpose so that budget authority, outlays, and credit activities can be related in terms of the national needs being addressed (for example, national defense, health) regardless of the agency administrating the program. There are currently 20 functions. A function may be divided into two or more subfunctions depending upon the complexity of the national need addressed by that function. (See Budget Authority; Outlays.)

return to topIImpoundment: A generic term referring to any action or inaction by an officer or employee of the U.S. Government that precludes the obligation or expenditure of budget authority in the manner intended by Congress. (See Deferral of Budget Authority; Rescission of Budget Authority.) return to topJJoint Committee on Taxation (JCT): Section 8001 of the Internal Revenue Code authorized the creation of the Joint Committee on Taxation. By statute, it is composed of five members from the Committee on Finance (three majority, two minority) chosen by such Committee and five members from the Committee on Ways and Means (three majority, two minority) chosen by such Committee. In practice, the Chairmanship and Vice Chairmanship of the Joint Committee on Taxation has rotated between the Chairman of the Committee on Finance and the Chairman of the Committee on Ways and Means with each new Congress. Among other things, the JCT’s duties are to investigate the operation and effects of the federal tax system. return to topM

Mandatory Spending: Refers to spending for programs the level of which is governed by formulas or criteria set forth in authorizing legislation rather than by appropriations. Examples of mandatory spending include: Social Security, Medicare, veterans’ pensions, rehabilitation services, Members’ pay, judges pay and the payment of interest of the public debt. Many of these programs are considered entitlement. (See Direct Spending.)

Mark-Up: Meetings where congressional committees work on language of bills or resolutions. At Budget Committee mark-ups, the House and Senate Budget Committees work on the language and numbers contained in budget resolutions and legislation affecting the congressional budget process.

Monetary Policy: Management of the money supply, under the direction of the Board of Governors of the Federal Reserve system, with the aim of achieving price stability and full employment. Government actions in guiding monetary policy, include currency revaluation, credit contradiction or expansion, rediscount policy, regulation of bank reserves and the purchase and sale of Government securities. (See Fiscal Policy.)

return to topNNet Deficit Reduction: Savings below the defined budget baseline achieved for the upcoming fiscal year because of laws enacted or final regulations promulgated since January 1. CBO and OMB independently estimate these savings in their initial and final sequester reports. return to topO

Offsetting Collections: Income from the public that results from the government engaging in “business-like” activities with the public, such as the sale of products or the rendering of a service. Examples include proceeds funds derived from the sale of postage stamps. Offsetting collections are credited against the level of budget authority or outlays associated with a specific program or account. (See Offsetting receipts.)

Offsetting Receipts: Income from the public that results from the government engaging in “business-like” activities with the public such as the sale of products or the rendering of services. Examples include proceeds from the sale of timber from Federal lands or entrance fees paid at national parks. Rather than being credited against the spending of a particular program or account, (as in the case with offsetting collections) offsetting receipts are deducted from total budget authority and outlays rather than added to Federal revenues even though they are deposited in the Treasury as miscellaneous receipts. Generally offsetting receipts are associated with mandatory spending. (See Offsetting collections.)

Off-budget Federal Entity: Any Federal fund or trust fund whose transactions are required by law to be excluded from the totals of President’s budget submission and Congress’ budget resolution, despite the fact that these are part of the government’s total transactions. Current law requires that the Social Security trust funds (the Federal Old Age, Survivors, and Disability trust fund) and the Postal Service be off-budget. However, these entities are reflected in the budget in that they are included in calculating the deficit in order to derive the total government deficit that must be financed by borrowing from the public or by other means. All other federal funds and trust funds are on budget. (See Unified Budget.)

Outlays: Outlays are disbursements by the Federal Treasury in the form of checks or cash. Outlays flow in part from budget authority granted in prior years and in part from budget authority provided for the year in which the disbursements occur.

Outlay Rates: The ratio of outlays (actual government disbursements) in a fiscal year relative to new budgetary resources in that fiscal year. In estimating the budget baseline and baseline deficit for their sequestration reports, CBO and OMB use outlay rates for projecting levels of spending resulting from available budget authority.

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Pay-as-you-go: Arises in two separate contexts: a point of order in the Senate and a sequester order from OMB.

Pay-as-you-go in the Senate.–Since fiscal year 1994, the budget resolution has included a pay-as-you-go rule in the Senate. The rule provides a 3/5ths vote point of order in the Senate against consideration of legislation that would cause a net increase in the deficit over a ten year period. It applies to all legislation except appropriations legislation. To determine a violation, CBO measures the budget impact of a direct spending or revenue bill combined with the budget impact of all direct spending and revenue legislation enacted since the latest budget resolution’s adoption to see if the legislation would result in a net deficit increase for any one of three time periods (the first year, the sum of years 1 through 5, and the sum of years 6 through 10.) The pay-go rule sunsets at the end of fiscal year 2002.

Pay-as-you-go and sequestration under the BEA.–The Budget Enforcement Act requires OMB to also enforce a “pay-as-you-go” requirement which has a similar effect as the Senate’s point of order: Congress is required to “pay for” any changes to programs which result in an increase in direct spending, or in this case risk a sequester. If OMB estimates that the sum of all direct spending and revenue legislation enacted since 1990 will result in a net increase in the deficit for the fiscal year, then the President is required to issue a sequester order reducing all non-exempt direct spending accounts by a uniform percentage in order to eliminate the net deficit increase. Most direct spending is either exempt from a sequester order or operates under special rules that minimize the reduction that can be made in direct spending. Social Security is exempt from a pay-as-you-go sequester and Medicare cannot be reduced by more than 4 percent.

President’s Budget: The document sent to Congress by the President in January or February of each year, requesting new budget authority for Federal programs and estimating Federal revenues and outlays for the upcoming fiscal year.

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Revenues: Collections from the public arising from the Government’s sovereign power to tax. Revenues include individual and corporate income taxes, social insurance taxes (such as social security payroll taxes), excise taxes, estate and gift taxes, customs duties and the like.

Reconciliation Process: A process by which Congress includes in a budget resolution “reconciliation instructions” to specific committees, directing them to report legislation which changes existing laws, usually for the purpose of decreasing spending or increasing revenues by a specified amount by a certain date. The legislation may also contain an increase in the debt limit. The reported legislation is then considered as a single “reconciliation bill under expedited procedures.”  Reserve Fund: A provision in a budget resolution that grants the Chairman of the Budget Committee the authority to make changes in budget aggregates and committee allocations once some condition or conditions have been met. Since a budget resolution establishes a binding ceiling on aggregate budget authority and outlay levels and a binding floor on revenues, budget resolutions frequently include reserve funds for deficit-neutral legislation that would otherwise violate the budget resolution and be subject to a point of order under the Budget Act. For example, the FY 1997 budget resolution included a tax reduction reserve fund that allowed the Chairman to reduce the revenue floor and the relevant spending allocations to accommodate legislation that reduced taxes if that legislation also contained offsetting spending reductions.

Rescission of Budget Authority: Cancellation of budget authority before the time when the authority would otherwise cease to be available for obligation. The rescission process begins when the President proposes a rescission to the Congress for fiscal or policy reasons. Unlike the deferral of budget authority which occurs unless Congress acts to disapprove the deferral, rescission off budget authority occurs only if Congress enacts the rescission. (See Deferral of Budget Authority; Impoundment.)

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Scoring or Scorekeeping: The process for estimating budget authority, outlay, revenue and deficit levels which result from congressional budgetary actions. Scorekeeping data prepared by the Congressional Budget Office include status reports on the effect of congressional actions and comparisons of these actions to targets and ceilings set by Congress in budget resolutions. These reports are published in the Congressional Record on a regular basis. OMB is responsible for scoring legislation to determine if a sequester is necessary.

Sequester: Pursuant to Gramm-Rudman-Hollings, a presidential spending reduction order that occurs by reducing spending by uniform percentages.

Sequestrable Resource: Pursuant to Gramm-Rudman-Hollings federal funding authority (budgetary resources) subject to reductions under a presidential sequester order for achieving required outlay reductions (in non-exempt programs).

Supplemental Appropriation: An act appropriating funds in addition to those in the 13 regular annual appropriations acts. Supplemental appropriations provide additional budget authority beyond the original estimates for programs or activities (including new programs authorized after the date of the original appropriation act) in cases where the need for funds is too urgent to be postponed until enactment of the next regular appropriation bill. (See Appropriations Act.)

return to topTTax Expenditures: Revenue losses attributable to a special exclusion, exemption, or deduction from gross income or to a special credit, preferential rate of tax, or deferral of tax liability. return to topU

Unfunded Mandates: A Federal Intergovernmental Mandate is any provision in legislation, statute, or regulation that would impose an enforceable duty upon State, local or tribal government, except as conditions of assistance or duties arising from participation in a voluntary federal program. Exceptions to this rule are: enforcing constitutional rights; statutory prohibitions against discrimination; emergency assistance requested by states; accounting/auditing for federal assistance; national security; Presidential designated emergencies; and Social Security. Provisions that increase stringency of conditions of assistance or decrease federal funding for large state entitlement programs (greater than $500 million) if states lack authority to decrease their responsibilities are considered mandates as well.

A Federal Private Sector Mandate is any provision in legislation, statute, or regulation that would impose an enforceable duty upon the private sector. The exceptions are a condition of Federal assistance or a duty arising from participation in a voluntary Federal program.

Unified Budget: A comprehensive display of the Federal budget. This display includes all revenues and all spending for all regular Federal programs and trust funds. The 1967 President’s Commission on Budget Concepts recommended the unified budget and it has been the basis for budgeting since 1968. The unified budget replaced a system of the budgets that existed before 1968 (an administrative budget, a consolidated cash budget, and a national income accounts budget).

http://www.budget.senate.gov/democratic/index.cfm/glossary

Budget Control Act

The Budget Control Act Serves as the Budget for 2012 and 2013

The Budget Control Act states: “For the purpose of enforcing the Congressional Budget Act of 1974 through April 15, 2012 … the allocations, aggregates, and levels set in subsection (b)(1) shall apply in the Senate in the same manner as for a concurrent resolution on the budget for fiscal year 2012.” In many ways, the Budget Control Act is even more extensive than a traditional budget resolution. Number one, it has the force of law, unlike a budget resolution that never goes to the President. A budget resolution is purely a Congressional document; the Budget Control Act is a law. Number two, it sets discretionary caps for 10 years, instead of the one year normally set in a budget resolution. Number three, it provides enforcement mechanisms, including two years of “deeming resolutions,” which allow budget points of order to be enforced. And fourth, it creates a reconciliation-like “Super Committee” process to address both entitlements and tax reform. And it backs that process up with a $1.2 trillion sequester.

Budget Control Act Legislative Text

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Tory! Tory! Tory! — Videos

Posted on April 12, 2013. Filed under: American History, Banking, Blogroll, Communications, Computers, Economics, Education, Employment, Energy, European History, Fiscal Policy, Foreign Policy, government, government spending, Health Care, history, History of Economic Thought, Inflation, Investments, Law, liberty, Life, Links, Macroeconomics, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Private Sector, Public Sector, Raves, Security, Talk Radio, Tax Policy, Taxes, Technology, Transportation, Unemployment, Unions, Video, War, Water, Wealth, Wisdom | Tags: , , , , , , |

Tory! Tory! Tory! – Ep 1: Outsiders – BBC 2007

Series exploring the history of the people and ideas behind what became known as Thatcherism. When Thatcher became Prime Minister, the monetarist policies used to combat inflation created large-scale unemployment and weakened the unions. As riots broke out across Britain, there was growing dissent even inside the government. How would Mrs Thatcher survive her plummeting popularity?

Tory! Tory! Tory! – Ep 2: The Road to Power – BBC 2007

Tory! Tory! Tory! – Ep 3: The Exercise of Power – BBC 2007

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Conservative savior of UK’s economy, Margaret Thatcher dead at 87 — Videos

Posted on April 10, 2013. Filed under: American History, Banking, Blogroll, College, Communications, Economics, Education, Employment, Energy, European History, Fiscal Policy, Foreign Policy, government, government spending, Health Care, history, History of Economic Thought, Immigration, Inflation, Language, Law, liberty, Life, Links, Literacy, Macroeconomics, media, Microeconomics, Monetary Policy, Money, Natural Gas, People, Philosophy, Private Sector, Public Sector, Rants, Raves, Regulations, Security, Strategy, Talk Radio, Taxes, Technology, Television, Transportation, Unions, Video, War, Water, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , , , , |

Conservative savior of UK’s economy, Margaret Thatcher dead at 87

By Raymond Thomas Pronk

Margaret_Thatcher

“Some Socialists seem to believe that people should be numbers in a State computer. We believe they should be individuals. We are all unequal. No one, thank heavens, is like anyone else, however much the Socialists may pretend otherwise. We believe that everyone has the right to be unequal but to us every human being is equally important.”

~Margaret Thatcher, Speech to Conservative Party Conference, October 10, 1975

Ceremonial funeral services with military honors for Margaret Thatcher, former prime minister of the United Kingdom, known as Maggie to her friends and “the Iron Lady” to her opponents, will be held this Wednesday at St Paul’s Cathedral, according to Prime Minister David Cameron’s office.

Her legacy was to change her country’s dominant ideology from collectivist state socialism implemented in decades of Labour Party policies to an individualist market capitalism implemented in Conservative Party policies. In the process she returned the U.K. to eight years of economic growth and prosperity in the 1980s.

Thatcher supported President Ronald Reagan and the United States in defeating communism in the Soviet Union and winning the Cold War.

Thatcher had been in declining health for a number of years and died peacefully in her sleep the morning of April 8 following a stroke.

British Prime Minister David Cameron said of Thatcher, “As our first woman prime minister, Margaret Thatcher succeeded against all the odds and the real thing about Margaret Thatcher is that she didn’t just lead our country, she saved our country, and I believe she’ll go down as the greatest British peacetime prime minister.”

President Barack Obama said, “The world has lost one of the great champions of freedom and liberty and America has lost a true friend.” Obama said she had taught “our daughters that there is no glass ceiling that can’t be shattered.”

John Boehner, speaker of the house, said, “The greatest peacetime prime minister in British history is dead. Margaret Thatcher, a grocer’s daughter, stared down elites, union bosses and communists to win three consecutive elections, establish conservative principles in Western Europe and bring down the Iron Curtain. There was no secret to her values – hard work and personal responsibility – and no nonsense in her leadership.”

Nancy Reagan, widow of former President Ronald Reagan said: “Ronnie and Margaret were political soul mates, committed to freedom and resolved to end Communism. As Prime Minister, Margaret had the clear vision and strong determination to stand up for her beliefs at a time when so many were afraid to ‘rock the boat.’ As a result, she helped to bring about the collapse of the Soviet Union and the liberation of millions of people.”

In 1975 Thatcher was elected leader of the Conservative Party. She was subsequently elected prime minister of the United Kingdom on May 4, 1979. Thatcher served three terms from 1979 to 1990 becoming Britain’s longest-serving prime minister in over a century as well as the most dynamic, inspirational and controversial.

When Thatcher took office, the British economy was in shambles and in recession, inflation was rising and the government faced possible bankruptcy. This was a direct result of many years of Labour Party socialistic policies of out-of-control government spending, confiscatory taxation and the nationalization or state control of many industries including coal, steel, railways, gas, electricity, water, trucking, airlines and telecommunications.

The writings of Austrian economist and political philosopher, Friedrick A. Hayek, winner of the 1973 Nobel Prize in Economics, in particular his book, “The Road to Serfdom”, inspired and guided Thatcher’s economic policies.

Thatcher turned the economy around and made Britain governable again by taking on and taming the trade unions with labor reform legislation. No longer were the unions able to dictate the nation’s economic policies. Under Thatcher the British government pursued a policy of selling state assets with privatization of industry, thus reversing the Labour Party’s nationalization of industry.

When the Argentina government under the fascist junta invaded the British protectorate of the Falkland Islands in April 1982, she led the U.K. to victory. The Argentinians soon toppled the military junta.

In October 1984 there was an assassination attempt on her life when a hotel in Brighton where she and her husband and other members of her cabinet were staying was bombed by Irish Republican Army (IRA) terrorists.

Thatcher supported Reagan in opposing communism and confronting the “evil empire” of the Soviet Union. She was instrumental in the introduction of cruise missiles in Britain to counter the Soviet military threat. She allied the United Kingdom with the United States against the communist expansion and subversion in the West and the winning of the Cold War with the Soviet Union.

A concise biography of her life can be found at the Margaret Thatcher Foundation web site http://www.margaretthatcher.org/essential/biography.asp.  An excellent critical biography is Claire Berlinsky’s “There is No Alternative: Why Thatcher Matters” and related interview on YouTube video titled, “Thatcher & More with Claire Berlinski.”

An excellent multi-part documentary about Thatcher produced in 2008 by the conservative paper, The Daily Telegraph, can be viewed on YouTube as well as an entertaining movie about her early political career titled, “Margaret Thatcher – The Long Walk to Finchley.”

Her husband of more than 50 years, Denis Thatcher, died in June 2003. She is survived by her twin son, Mark, and daughter, Carol, born in 1953.

Thatcher remains a controversial figure in Britain. She was loved and revered by many as well as loathed and reviled by some. She will be remembered by all who value economic freedom and individual liberty.

“Freedom to choose is something we take for granted—until it is in danger of being taken away. Socialist governments set out perpetually to restrict the area of choice, Conservative governments to increase it. We believe that you become a responsible citizen by making decisions yourself, not by having them made for you.”

~Margaret Thatcher, Speech to Conservative Party Conference, October 10, 1975

David Cameron’s Commons tribute to Margaret Thatcher in full

Margaret Thatcher – Falklands War – YouTube

MARGARET THATCHER – Pt 1 The Making of Margaret (Telegraph Documentary)

MARGARET THATCHER – Pt 2 The Falklands (Telegraph Documentary)

MARGARET THATCHER – Pt 3 World Stage (Telegraph Documentary)

MARGARET THATCHER – Pt 4 The Age of Dissent (Telegraph Documentary)

MARGARET THATCHER – Pt 5 Taking on the Unions (Telegraph Documentary)

MARGARET THATCHER – Pt 6 Public Image, Private Life. (Telegraph Documentary)

MARGARET THATCHER – Pt 7 The Fall (Telegraph Documentary)

MARGARET THATCHER – Pt 8 The Legacy (Telegraph Documentary)

Margaret Thatcher – The Long Walk To Finchley Full Movie

Thatcher: The Downing Street Years (1/4 BBC)

Thatcher: The Downing Street Years (2/4 BBC)

Thatcher: The Downing Street Years (3/4 BBC)

Thatcher: The Downing Street Years (4/4 BBC)

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2013 Avalon Vs 2013 Azera — Videos

Posted on April 5, 2013. Filed under: Business, Communications, Computers, Economics, Education, liberty, Life, Links, People, Politics, Raves, Technology, Transportation, Wealth, Wisdom | Tags: , , , , , |

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2013 Avalon VS 2013 Azera

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2013 Hyundai Azera — Videos

Posted on April 4, 2013. Filed under: Autos, Blogroll, Business, Communications, Economics, liberty, Life, Links, media, People, Philosophy, Technology, Wisdom | Tags: , , , , , |

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Excellence in Action — Strategies Sessions — Videos

Posted on April 3, 2013. Filed under: American History, Blogroll, Books, Business, College, Communications, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, High School, history, Law, liberty, Life, Links, Literacy, Macroeconomics, Math, media, Medicine, People, Philosophy, Politics, Public Sector, Raves, Religion, Science, Tax Policy, Technology, Unions, Video, Wisdom | Tags: , , , |

excellence_in_action

Breakfast Keynote: Arne Duncan, U.S. Secretary of Education

Strategy Session 1: Reaching More Students with Vouchers and Tax-credit Scholarships

Whether you are an advocate of education vouchers for all or believe special scholarships should be reserved for students in failing schools, the debate on school choice is one that matters. States across the country are enacting new reforms and expanding those that already exist to ensure vouchers and tax-credit scholarships reach the kids who need them the most. Join these state lawmakers as they discuss strategies to keep up with the growing demand from families for quality school choice options.

Moderator: John Kirtley, Chairman of Step Up for Students and vice chairman of the Alliance for School Choice and the American Federation for Children

Panelists: Conrad Appel, Louisiana State Senator Algie Howell, Virginia State Delegate Jason Nelson, Oklahoma State Representative Bill O’Brien, New Hampshire State Representative

Strategy Session 2: Implementing Bold Teacher-Effectiveness Reform

Over the past few years, states across the country have passed reforms linking student-learning data to teacher evaluations. Now, leaders have entered the critical phase of putting the reforms into practice at the local level. Learn how these education chiefs are developing assessments and evaluation systems in their respective states to measure hard-to-test areas and elevate educators’ professional development.

Moderator: Hanna Skandera, New Mexico Secretary-Designate of Public Education and Vice-Chair of Chiefs for Change

Panelists: Kevin Huffman, Tennessee Commissioner of Education Jill Hawley, Colorado Associate Commissioner for Achievement and Strategy Dr. Diane Ullman, Chief Talent Officer for the Connecticut State Department of Education

Strategy Session 3: Accountability-Based Flexibility for School Districts

Across the nation, crisis situations are giving birth to new, student-centered learning models. In the midst of challenging economic times and a national focus on improving the quality of education, a new kind of school district is emerging — one with both autonomy and performance-based accountability. Learn how some of our nation’s most troubled school districts are challenging a conventional structure to change the futures of their students, schools and cities.

Moderator: Dr. Paul Hill, Founder of the Center on Reinventing Public Education

Panelists: David Harris, Founder and CEO of The Mind Trust John White, Louisiana Superintendent of Education Tyrone Winfrey, Chief of Staff of the Michigan Education Achievement Authority

Strategy Session 4: How to Prepare for Common Core Assessments

The state-led transition to Common Core State Standards will change the expectation of what students need to be learning and is aligned with what they’ll need for success after high school in our changing world. The pressure is on for the Partnership for Assessment of Readiness of College and Careers (PARCC) and Smarter Balanced Assessment Consortium to deliver new online assessments and for schools to build the technology infrastructure they’ll need to use those assessments. The Common Core transition brings individual opportunities for states but also challenges. Meanwhile, many state leaders are preparing parents, teachers and communities for the initial results which will likely follow new standards and assessments. Join this panel to discuss specific strategies states and districts can take to ensure everyone and everything is prepared to transition to these new assessments.

Moderator: Governor Bob Wise, President of Alliance for Excellent Education

Panelists: Dr. Tony Bennett, Indiana Superintendent of Public Instruction and Chairman of Chiefs for Change Steve Bowen, Maine Commissioner of Education Laura McGiffert Slover, Senior Vice President of Achieve Dr. Joe Willhoft, Executive Director of the Smarter Balanced Assessment Consortium

More results

bill coleman common core standards

Strategy Session 5: Transforming Colleges of Education

Nine out of every ten teachers graduate from traditional teacher prep programs at colleges of education. Should these colleges be held accountable for the caliber of students they admit into their programs and the teachers they send into the classroom? Don’t miss this discussion on what can be done to ensure new teachers entering the profession are fully equipped to help each of their students succeed.

Moderator: Kate Walsh, President of the National Council on Teacher Quality

Panelists: Dr. John Chubb, CEO of Education Sector and member of the Koret Task Force on K-12 Education Paul Pastorek, former Louisiana Superintendent of Education

Strategy Session 6: Charter Schools: Accountability and Funding

With over 40 states now authorizing charter schools, the potential for innovation continues to grow. Each state serves as a testing site for diverse approaches to approving, funding and maintaining the accountability of these unique public schools. Learn the best policies states are using to shape high-quality charter schools across the nation.

Moderator: Jeanne Allen, President of the Center for Education Reform

Panelists: Todd Huston, Indiana State Representative Peggy Lehner, Ohio State Senator Nina Rees, President and CEO of the National Alliance for Public Charter Schools James H. Shelton III, Assistant Deputy Secretary for Innovation and Improvement at the U.S. Department of Education

Strategy Session 7: Thinking Outside the School-Zone Box

From coast to coast, states are proving there is more than one way to provide families with school choice options. Many are developing new strategies to empower parents with the ability to choose the public school that is best for their child. Listen to these battle-proven leaders share lessons learned and strategies to expand public school choice programs and remove barriers limiting students’ education options.

Moderator: Mike Petrilli, Executive Vice President of the Thomas B. Fordham Institute

Panelists: Matthew Barnes, Executive Director of Families Empowered John Huppenthal, Arizona Superintendent of Public Instruction Luther Olsen, Wisconsin State Senator

Strategy Session 8: College & Career Readiness

State leaders are facing a desperate call to action: just one-third of America’s high school students graduate with the knowledge and skills they’ll need to succeed in college. This tragic reality calls for rigorous standards and innovative policies, ones that incentivize acceleration and launch students into college or gainful employment. It’s time to give students the opportunity to advance to college or careers as soon as they are ready, even if that’s earlier that the traditional K-12 calendar allows. Get the details on what methods states are using to prepare our youngest generation to thrive in today’s competitive global economy.

Moderator: Laysha Ward, President of Community Relations and the Target Foundation

Panelists: David Abbott, Deputy Commissioner and General Counsel at the Rhode Island Department of Education Russell Armstrong, Education and Workforce Policy Advisor to Louisiana Governor Bobby Jindal Joe Pickens, President of St. Johns River State College Kelli Stargel, Florida State Senator

Strategy Session 9: Developing and Retaining Teachers We Can’t Afford to Lose

A teacher’s influence — good or bad — can have life-long effects on the students in his or her classroom. Hear new research on the teacher-retention crisis, and join the ensuing discussion on what can be done to develop and retain the high-quality educators our states need to reverse student decline and elevate the status of the teaching profession.

Moderator: Dr. Stefanie Sanford, Director of Policy & Advocacy, United States Program, The Bill & Melinda Gates Foundation

Panelists: Tim Daly, President of the New Teacher Project Christopher Cerf, New Jersey Commissioner of Education Gary Holder-Winfield, Connecticut State Representative

Strategy Session 10: The Florida Formula for Student Achievement

More than a dozen years ago, Florida embarked on a path to reverse a generation of decline in its public schools by forcing the system to focus on the student instead of the adult. Since then, Florida’s formula of high expectations for students, accountability for schools, choices for families and rewards for progress has yielded incredible gains in student learning. In the eight-year period prior to the reforms, graduation rates had declined by nearly seven percent, but since the reforms were put in place, graduation rates have increased by 20 percent. Education in the Sunshine State is now a model for the nation, inspiring leaders to strategically and boldly transform public education. Learn how Florida’s formula can transform student achievement for any state.

Moderator: Julia Johnson, President of Net Communications and former member of Florida’s Board of Education

Panelists: Dr. Christy Hovanetz, Senior Policy Fellow at the Foundation for Excellence in Education Dr. Matthew Ladner, Senior Advisor on Policy and Research to the Foundation for Excellence in Education

Strategy Session 11: Transforming Education for the Digital Age

Last year, Digital Learning Now! released “The Roadmap for Reform: Digital Learning,” a guide providing governors, lawmakers and policymakers with the nuts-and-bolts policies to transition to student-centered education. Now, states are changing the face of education by introducing blended learning models that combine the best of face-to-face instruction with the best of online learning. Hear state and school leaders share what they are doing — and what is yet to be done — to harness the power of technology and provide students with rigorous, high-quality, customized education.

Moderator: John Bailey, Executive Director of Digital Learning Now!

Panelists: Dr. Janet Barresi, Oklahoma Superintendent of Public Instruction Dr. Mark Edwards, Superintendent of Mooresville Graded School District Pam Myhra, Minnesota State Representative Governor Bev Perdue, North Carolina Chip Rogers, Majority Leader of the Georgia State Senate

General Session: Common Core State Standards

Moderator: Governor Jeb Bush, Governor of Florida from 1999-2007 and Chairman of the Foundation for Excellence in Education

Panelists: David Coleman, President and CEO of the College Board Bob Corcoran, President and Chairman of the GE Foundation Dr. William Schmidt, University Distinguished Professor and Co-Director of the Education Policy Center at Michigan State University, Minnesota State Representative

Lunch Keynote: Mitch Daniels, Indiana Governor

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Stop Obama’s Common Core Curriculum Standards — Progressive Indoctrination, Standardization and Tracking of American Children Into Collectivists — Little Boxes — Videos

Posted on April 2, 2013. Filed under: American History, Blogroll, Books, Business, College, Communications, Computers, Demographics, Economics, Education, Employment, Federal Government Budget, Fiscal Policy, government spending, High School, history, Language, Law, liberty, Life, Links, Literacy, Math, media, People, Philosophy, Politics, Programming, Psychology, Raves, Regulations, Resources, Science, Tax Policy, Taxes, Technology, Video, War, Wealth, Wisdom | Tags: , , , , , , , , , |

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General Session: Common Core State Standards

Moderator: Governor Jeb Bush, Governor of Florida from 1999-2007 and Chairman of the Foundation for Excellence in Education

Panelists: David Coleman, President and CEO of the College Board Bob Corcoran, President and Chairman of the GE Foundation Dr. William Schmidt, University Distinguished Professor and Co-Director of the Education Policy Center at Michigan State University, Minnesota State Representative

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School-Standards Pushback

Conservative Groups Oppose National ‘Common Core’ as an Intrusion on States

By STEPHANIE BANCHERO

The Common Core national math and reading standards, adopted by 46 states and the District of Columbia two years ago, are coming under attack from some quarters as a federal intrusion into state education matters.

The voluntary academic standards, which specify what students should know in each grade, were heavily promoted by the Obama administration through its $4.35 billion Race to the Top education-grant competition. States that instituted changes such as common learning goals received bonus points in their applications.

Supporters say the Common Core standards better prepare students for college or the workforce, and are important as the U.S. falls behind other nations in areas such as math proficiency.

A 2010 report from the Thomas B. Fordham Institute, a right-leaning educational-research group, said the Common Core standards “are clearly superior to those currently in use in 39 states in math and 37 states in English. For 33 states, the Common Core is superior in both math and reading.”

But conservative lawmakers and governors in at least five states, including Utah and Alabama, recently have been pushing to back out, or slow down implementation, of Common Core. They worry that adoption of the standards has created a de facto national curriculum that could at some point be extended into more controversial areas such as science.

Critics argue that the standards are weak and could, for example, de-emphasize literature in favor of informational texts, such as technical manuals. They also dislike that the standards postpone teaching algebra until ninth grade from the current eighth grade in many schools.

A study released this year by a researcher at the Brookings Institution think tank projected Common Core will have no effect on student achievement. The study said states with high standards improved their national math and reading scores at the same rate as states with low standards from 2003 to 2009.

But mainly, critics of Common Core object to what they see as the federal government’s involvement in local-school matters.

“The Common Core takes education out of the hands of South Carolina and parents, so we have no control over what happens in the classroom,” said Michael Fair, a Republican state senator who plans to introduce a measure that would bar his state from spending money on activities related to the standards, such as training teachers and purchasing textbooks.

South Carolina Gov. Nikki Haley, who took office after the state adopted Common Core, wrote in a letter to Mr. Fair that the state should not “relinquish control of education to the federal government, neither should we cede it to the consensus of other states.”

Common Core could take another hit Friday when the 23-member board of the American Legislative Exchange Council, a group of more than 2,000 state lawmakers and business members who back limited government and free markets, among other conservative goals, is set to vote on a resolution to formally oppose the standards. The resolution was passed by the ALEC education task force in December.Model legislation often is drafted from the group’s resolutions and taken by ALEC members to their state legislatures.

Common Core evolved from a drive by the National Governors Association and the Council of Chief State School Officers to delineate world-class skills students should possess. The standards, created with funding from, among others, the Bill & Melinda Gates Foundation, set detailed goals, such as first graders should understand place values in math and eighth graders should know the Pythagorean Theorem.

“We brought the best minds in the country together to create international benchmarks that, once mastered, would make our students more competitive, globally,” said Gene Wilhoit, executive director of the Council of Chief State School Officers. He said his group has no plans to create national science standards.

As the standards were being developed, the Obama administration launched Race to the Top in July 2009, which awarded points to states that adopted “a common set of K-12 standards” that are “substantially identical across all states in a consortium,” according to the grant’s policies. The department didn’t specifically mention Common Core, but it was the only common set of standards being developed.

As a result, most state’s legislatures or state boards of education adopted Common Core.

The standards have yet to show up in many classrooms as states are just beginning to implement them. But in Kentucky, where Common Core rolled out this school year, teachers are altering instruction and searching for new classroom reading materials.

Jahn Owens, a teacher in Owensboro, Ky., said the more rigorous standards require her to teach her fifth-graders how to multiply and divide fractions. Previously, that was taught in sixth grade. First-grade teacher Heidi Dees has added more nonfiction books to her classroom.

“These standards take students much deeper into the subjects and force them to do more critical thinking,” Ms. Owens said. “It’s been hard work for the teachers because the implementation was so quick, but we are now more purposeful about student learning.”

The Obama administration has awarded more than $360 million to two groups to create student assessments aligned to Common Core.

Wireless Generation, an education-technology company owned by News Corp., which also owns The Wall Street Journal, recently purchased Intel-Assess, a company that creates student assessments aligned to Common Core.

Justin Hamilton, a spokesman for the U.S. Department. of Education, called Common Core a “game changer” but said the administration didn’t force states to adopt it. “A bipartisan group of governors created these standards and states collectively adopted them,” he said.

But Emmett McGroarty, executive director of American Principles in Action, a conservative lobbying group that wrote the ALEC resolution, said states were “herded” into adopting the standards with no time to deliberate on their worth. He called the standards “mediocre” and costly to implement.

http://online.wsj.com/article/SB10001424052702303630404577390431072241906.html

The Common Core Curriculum
National education standards that even conservatives can love.

By Chester E. Finn, Jr. & Michael J. Petrilli

After votes yesterday in Massachusetts and the District of Columbia, 28 states have now embraced the new “Common Core” standards for primary and secondary education. Already, a majority — including red states such as South Carolina, Utah, and Oklahoma — have declared that they will use Common Core English and math standards in their public schools. Yet this profound, and we think positive, shift in American education is occurring with little outcry from the right, save for a half-dozen libertarians who don’t much care for government to start with. How come?

It certainly helps that the new standards were created by a voluntary partnership of 48 states, not by the federal government. But it’s also true that the Common Core standards are remarkably strong, vastly better than the standards most states have developed independently over the past 15 years. Yesterday, our institute released a 370-page study that finds the Common Core standards to be clearly superior to the existing English standards of 37 states and the existing math standards of 39.

One reason the Common Core fared so well is that its authors eschewed the vague and politically correct nonsense that infected so many state standards (and earlier attempts at national standards). They expect students to master arithmetic and memorize their times tables; they promote the teaching of phonics in the early grades; they even expect all students to read and understand the country’s founding documents. The new standards aren’t perfect. Our reviewers found three jurisdictions that did better in English (California, Indiana, and — believe it or not — the District of Columbia), mostly because they better distinguish among different “genres” of literature and other writing. Another dozen states (including Massachusetts) are “too close to call,” meaning that their standards are about equal in content and rigor to the Common Core. But anybody worried that this national effort will dumb down what we expect young Americans to learn in school can relax, at least for now.

Anxiety will surely rise when school kids across the land begin (three or four years hence) to take tests linked to these standards, and even more when those test results start to determine promotion from fifth to sixth grade or graduation from high school. (The development of those tests will soon start, aided by $350 million of federal stimulus funds.) But without tests and results-based accountability, along with solid curricula, quality textbooks, and competent teaching, standards alone have no traction in real classrooms. Adopting good standards is like having a goal for your cholesterol; it doesn’t mean you will actually eat a healthy diet or live longer.

When high expectations for schools and students are combined with smart implementation in thousands of classrooms, policymakers can move mountains. That’s the lesson we take from Massachusetts, which has established high standards, well-designed assessments, a tough-minded (yet humane) accountability system, rigorous certification requirements for teachers, and a high bar that students must clear to earn their diplomas. The Bay State has been making steady achievement gains in reading and math in both fourth and eighth grades. That, of course, is why Massachusetts politicians and policymakers sparred over the proposal by state education commissioner Mitchell Chester to replace the state’s standards and tests with the new national versions.

Until now, however, the vast majority of states have failed to adopt rigorous standards, much less to take actions geared to boosting pupil achievement. In 2007, we published a comparison of states’ “proficiency” expectations under the federal No Child Left Behind Act. The results were dismaying: In some places, students could score below the tenth percentile nationally and still be considered “proficient.” In other locales, they had to reach the 77th percentile to wear the same label. And it wasn’t just that expectations varied, but that they varied almost randomly from place to place, grade to grade, and year to year.

Most Americans understand that this is not the way a big, modernized country on a competitive planet should operate its education system. Three years ago, an Education Next poll asked whether people favored “a single national standard and a single national test for all students in the United States? Or do you think that there should be different standards and tests in different states?”

http://www.nationalreview.com/articles/243517/common-core-curriculum-chester-e-finn-jr

Who’s Behind the Common Core Curriculum?

Written by 

Like so many education reform initiatives that seem to arise out of nowhere, the Common Core State Standards is another of these sweeping phantom movements that have gotten their impetus from a cadre of invisible human beings endowed with inordinate power to impose their ideas on everybody.

For example, the idea of collecting intimate personal data on public school students and teachers seems to have arisen spontaneously in the bowels of the National Center for Education Statistics in Washington. It required a small army of education psychologists to put together the data handbooks, which are periodically expanded to include more personal information.

Nobody knows who exactly authorized the creation of such a dossier on every student and teacher in American public schools, but the program exists and is being paid for by the taxpayer. And strange as it may seem, it arose seemingly out of nowhere, like a vampire, to suck the freedom out of the American people. Unlike Santa’s elves who work behind the scenes to bring happiness to children, these subterranean phantoms work overtime to find ways of making American children miserable.

The Common Core State Standards (CCSS) is another such vampire calculated not only to suck the freedom out of the American people, but also to suck out the brains of their children. And all of this is planned in the dark, away from the prying eyes of parents and writers like me. Ask any educator: “Who is the author of the Common Core Standards?” and they will not be able to tell you.

So I decided to look into the origin of the CCSS. It is said that it originated with the National Governors Association (NGA). When and where? At what meeting? At whose behest? The NGA’s Mission Statement says on its website:

The Common Core State Standards provide a consistent, clear understanding of what students are expected to learn, so teachers and parents know what they need to do to help them. The standards are designed to be robust and relevant to the real world, reflecting the knowledge and skills that our young people need for success in college and careers. With American students fully prepared for the future, our communities will be best positioned to compete successfully in the global economy.

Sounds wonderful. But why do we need it? Why are we re-inventing the wheel? Didn’t our public schools provide a decent education for the “greatest generation” when they were in school? That generation not only learned enough to win World War II but also enough to create the scientific foundation of our high-tech society. The only reason why we need the CCSS is because all of these graduate educationists need something to do to justify their degrees and the salaries that go with them. And of course the new curriculum will cost billions of dollars which will enable these vampires to live in the style to which they’ve become accustomed. By the way, if you object to my referring to these people as vampires, feel free to use your own designations.

The CCSS adds nothing to what we know about how to teach reading. It adds nothing to how we teach arithmetic and mathematics. It adds nothing to how we teach history, geography, and the “social studies.” In short, it is a fraud to get the American taxpayer to shell out big bucks for something that we already know how to do.  Yes, science has greatly expanded, but it also expanded from 1850 to 1950 and didn’t require a different methodology from the scientific method developed by the great scientists of the past. We may have better equipment which students of science must learn to operate, but the scientific method has not changed.

And of course, the CCSS were made to be as complicated as possible so that no parent or normal human being could understand them. For example, there is something called “Common Core State Standards Official Identifiers and XML Representation.” It states:

As states, territories, the District of Columbia, and the Department of Defense Education Activity move from widespread adoption of the Common Core State Standards (CCSS) to implementation, there is a need to appropriately identify and link assets using a shared system of identifiers and a common XML representation. The Council of Chief State School Officers (CCSSO) and National Governors Association Center for Best Practices (NGA Center), working closely with the standards authors, have released an official, viable approach for publishing identifiers and XML designation to represent the standards, consistent with their adopted format, as outlined below.

So now we know that there is such a body as “the standards authors,” who work closely with such bureaucratic organizations as the Council of Chief State School Officers and the National Governors Association Center for Best Practices. And to make sure that the Standards are being correctly implemented, we read the following in typical vampire language:

De-referenceable Uniform Resource Identifier (URIs) at the corestandards.org domain, e.g. http://corestandards.org/2010/math/content/6/EE/1 or http://corestandards.org/2010/math/practice/MP7. Matching the published identifiers, these dereferenceable URIs allow individuals and technology systems to validate the content of a standard by viewing the web page at the identifier’s uniform resource locator (URL). The NGA Center and CCSSO strongly recommend that http://www.corestandards.org remain the address of record for referring to standards.

What kind of human beings not only write such gobbledegook but also know what it means? And these educationists are among the well-paid elite who know how to make everything so complicated that only they are capable of understanding their own complexity. Here’s more:

Globally unique identifiers (GUIDs), e.g. A7D3275BC52147618D6CFEE43FB1A47E. These allow, when needed, to refer to standards in both disciplines in a common format without removing the differences in the published identifiers. GUIDs are unwieldy for human use, but they are necessarily complex to guarantee uniqueness, an important characteristic for databases, and are intended for use by computer systems. There is no need for educators to decode GUIDs.

Did you read that line, “GUIDS are unwieldy for human use, but they are necessarily complex to guarantee uniqueness”?  These people are masters at creating complexity for its own sake. The more complex, the more difficult it is for normal human beings to know what in blazes they are talking about.

What is the National Governors Association for Best Practices? Here is what their website says:

The National Governors Association Center for Best Practices (NGA Center) develops innovative solutions to today’s most pressing public policy challenges and is the only research and development firm that directly serves the nation’s governors….

The mission of NGA Office of Federal Relations is to ensure governors’ views are represented in the shaping of federal policy. Policy positions, reflecting governors’ principles on priority issues, guide the association’s work to influence federal laws and regulations.

The initiative for the Common Core State Standards seems to have arisen from a speech NGA Chairman Governor Paul Patton, Democrat, of Kentucky gave at the NGA meeting on June 12, 2002, in which he said:

Governors are constantly searching for solutions that will help all schools succeed, but some schools require more help than others. The long-term goal for states is to improve overall system performance while closing persistent gaps in achievement between minority and non-minority students. Fortunately, there are places to look for guidance. Although some schools continue to struggle, some have responded successfully to state reform efforts and others have gone far in improving student performance and closing the achievement gap. Current research also suggests there are ways state policies can effectively stimulate and support school improvement.

How that was translated into the need for Common Core State Standards, is not very clear. The Executive Director of the NGA is Dan Crippen, a Washington policy bureaucrat who was director of the Congressional Budget Office from 1999 to 2002. The Director of the NGA Center for Best Practices is David Moore, formerly of the Congressional Budget Office. The Director of the Education Division is Richard Laine. His profile states:

Laine directs research, policy analysis, technical assistance and resource development for the Education Division in the areas of early childhood, K-12, and postsecondary education. The Education Division is working on a number of key policy issues relevant to governors’ efforts to develop and support the implementation of policy, including: birth to 3rd grade access, readiness and quality; the Common Core State Standards, STEM and related assessments; teacher and leader effectiveness; turning around low-performing schools; high school redesign; competency-based learning; charter schools; and postsecondary (higher education & workforce training) access, success & affordability. The Division is also working on policy issues related to bridging the system divides between the early childhood, K-12 and postsecondary systems.

Well now we know who’s in charge of the Common Core State Standards. What is Mr. Laine’s background?

Previous Positions: Director of Education, The Wallace Foundation; Director of Education Policy and Initiatives, Illinois Business Roundtable; Associate Superintendent for Policy, Planning and Resource Management, Illinois State Board of Education; Executive Director, Coalition for Educational Rights; Executive Secretary, Committee for Educational Rights; School Finance Analyst, Chicago Panel on Public School Policy and Finance; Associate Director, California Democratic Congressional Delegation.

Education: M.P.P., M.B.A. and Certificate of Advanced Study in Education Administration and Public Policy, University of Chicago; B.A., University of California — Santa Barbara.

Obviously, Mr. Laine is one of those invisible bureaucrats who create policies for the governors, few of whom ever read them. He was Associate Director of California’s Democratic Congressional Delegation, which includes some of the worst left-wing members of Congress. He’s also in charge of “birth to 3rd grade access,” which the National Education Association strongly favors. Among Mr. Laine’s staff is Albert Wat, whose expertise is Early Childhood Education. His profile states:

Wat provides state policymakers with analyses and information on promising practices and the latest research in early childhood education policy, from birth through third grade. His work focuses on preschool education systems and alignment of early childhood and early elementary practices and policies, including standards, assessments and data systems.

Previous Positions: Research Manager, Senior Research Associate and State Policy Analyst, The Pew Charitable Trusts, Pew Center on the States, Pre-K Now.

Education: Master of Arts in Education Policy Studies, The George Washington University; Nonprofit Management Executive Certificate, Georgetown University; Master of Arts in Education, with focus in Social Sciences in Education and Bachelor of Arts in Psychology, with Distinction, Stanford University.

Like so many Washington policy wonks, Mr. Wat has to justify his bureaucratic position by thinking up new ways to create costly education reform that no freedom- loving citizen wants. Note his and Mr. Laine’s interest in “birth to 3rd grade” education, an area traditionally left up to parents. But then the totalitarian mind wants control over everything and everybody.

In other words, the Common Core State Standards have no more legitimacy than the plans of your local village idiot to reform education. They are the thought emanations of those who have nothing better to do. Yet, they will cost the American taxpayer billions of dollars and make American public education more confusing than ever.

http://www.thenewamerican.com/reviews/opinion/item/13412-whos-behind-the-common-core-curriculum

Common Core State Standards Initiative

The Common Core State Standards Initiative is a U.S. education initiative that seeks to bring diverse state curricula into alignment with each other by following the principles of standards-based education reform. The initiative is sponsored by the National Governors Association (NGA) and the Council of Chief State School Officers (CCSSO).

Development

The past twenty years in the U.S. have also been termed the “Accountability Movement,” as states are being held to mandatory tests of student achievement, which are expected to demonstrate a common core of knowledge that all citizens should have to be successful in this country.[1] As part of this overarching education reform movement, the nation’s governors and corporate leaders founded Achieve, Inc. in 1996 as a bi-partisan organization to raise academic standards, graduation requirements, improve assessments, and strengthen accountability in all 50 states.[2] The initial motivation for the development of the Common Core State Standards was part of the American Diploma Project (ADP).[3]

A report titled, “Ready or Not: Creating a High School Diploma That Counts,” from 2004 found that both employers and colleges are demanding more of high school graduates than in the past.[4] According to Achieve, Inc., “current high-school exit expectations fall well short of [employer and college] demands.”[5] The report explains that the major problem currently facing the American school system is that high school graduates were not provided with the skills and knowledge they needed to succeed.[5] “While students and their parents may still believe that the diploma reflects adequate preparation for the intellectual demands of adult life, in reality it falls far short of this common-sense goal.” (page 1). The report continues that the diploma itself lost its value because graduates could not compete successfully beyond high school,[5] and that the solution to this problem is a common set of rigorous standards.

In 2009 the National Governors Association hired David Coleman and Student Achievement to write curriculum standards in the areas of literacy and mathematics instruction. Announced on June 1, 2009,[6] the initiative’s stated purpose is to “provide a consistent, clear understanding of what students are expected to learn, so teachers and parents know what they need to do to help them.”[7] Additionally, “The standards are designed to be robust and relevant to the real world, reflecting the knowledge and skills that our young people need for success in college and careers,” which will place American students in a position in which they can compete in a global economy.[7] Forty-five of the fifty states in the United States are members of the initiative, with the states of Texas, Virginia, Alaska, and Nebraska not adopting the initiative at a state level.[8] Minnesota has adopted the English Language Arts standards but not the Mathematics standards.[9]

Standards were released for mathematics and English language arts on June 2, 2010, with a majority of states adopting the standards in the subsequent months. (See below for current status.) States were given an incentive to adopt the Common Core Standards through the possibility of competitive federal Race to the Top grants. President Obama and Secretary of Education Arne Duncan announced the Race to the Top competitive grants on July 24, 2009, as a motivator for education reform.[10] To be eligible, states had to adopt “internationally benchmarked standards and assessments that prepare students for success in college and the work place.”[11] This meant that in order for a state to be eligible for these grants, the states had to adopt the Common Core State Standards or a similar career and college readiness curriculum. The competition for these grants provided a major push for states to adopt the standards.[12] The adoption dates for those states that chose to adopt the Common Core State Standards Initiative are all within the two years following this announcement.[13] The common standards are funded by the governors and state schools chiefs, with additional support from the Bill and Melinda Gates Foundation, the Charles Stewart Mott Foundation, and others.[14] States are planning to implement this initiative by 2015[15] by basing at least 85% of their state curricula on the Standards.

Standards

In 2010, Standards were released for English language arts and mathematics. Standards have not yet been developed for science or social studies.

English Language Arts & Literacy in History/Social Studies, Science, and Technical Subjects

The stated goal of the English & Language Arts and Literacy in History/Social Studies, Science, and Technical Subjects standards[16] is to ensure that students are college and career ready in literacy no later than the end of high school (page 3). There are five key components to the standards for English and Language Arts: Reading, Writing, Speaking and Listening, Language, and Media and Technology.[17] The essential components and breakdown of each of these key points within the standards are as follows:

Reading

  • As students advance through each grade, there is an increased level of complexity to what students are expected to read and there is also a progressive development of reading comprehension so that students can gain more from what they read.[17]
  • There is no reading list to accompany the reading standards. Instead, students are simply expected to read a range of classic and contemporary literature as well as challenging informative texts from an array of subjects. This is so that students can acquire new knowledge, insights, and consider varying perspectives as they read. Teachers, school districts, and states are expected to decide on the appropriate curriculum, but sample texts are included to help teachers, students, and parents prepare for the year ahead.[17]
  • There is some critical content for all students — classic myths and stories from around the world, foundational U.S. documents, seminal works of American literature, and the writings of Shakespeare — but the rest is left up to the states and the districts.[17]

Writing

  • The driving force of the writing standards is logical arguments based on claims, solid reasoning, and relevant evidence. The writing also includes opinion writing even within the K–5 standards.[17]
  • Short, focused research projects, similar to the kind of projects students will face in their careers as well as long-term, in-depth research is another important piece of the writing standards. This is because written analysis and the presentation of significant findings is critical to career and college readiness.[17]
  • The standards also include annotated samples of student writing to help determine performance levels in writing arguments, explanatory texts, and narratives across the grades.[17]

Speaking and Listening

  • Although reading and writing are the expected components of an ELA curriculum, standards are written so that students gain, evaluate, and present complex information, ideas, and evidence specifically through listening and speaking.[17]
  • There is also an emphasis on academic discussion in one-on-one, small-group, and whole-class settings, which can take place as formal presentations as well as informal discussions during student collaboration.[17]

Language

  • Vocabulary instruction in the standards takes place through a mix of conversations, direct instruction, and reading so that students can determine word meanings and can expand their use of words and phrases.[17]
  • The standards expect students to use formal English in their writing and speaking, but also recognize that colleges and 21st century careers will require students to make wise, skilled decisions about how to express themselves through language in a variety of contexts.[17]
  • Vocabulary and conventions are their own strand because these skills extend across reading, writing, speaking, and listening.[17]

Media and Technology

  • Since media and technology are intertwined with every student’s life and in school in the 21st century, skills related to media use, which includes the analysis and production of various forms of media, are also included in these standards.[17]

Preliminary “example” works to be studied by students include works by Ovid, Atul Gawande, Voltaire, Shakespeare, Turgenev, Poe, Robert Frost, Yeats, Nathaniel Hawthorne, Amy Tan, and Julia Alvarez.[15]

Cursive and keyboarding

The standards do not mandate the teaching of cursive handwriting, although states are free either to add a cursive requirement or to permit individual school districts to require it. The standards include instruction in keyboarding.[18]

Mathematics

The stated goal of the mathematics Standards[19] is to achieve greater focus and coherence in the curriculum (page 3). This is largely in response to the criticism that American mathematics curricula are “a mile wide and an inch deep”.

The mathematics Standards include Standards for Mathematical Practice and Standards for Mathematical Content.

Mathematical practice

The Standards mandate that eight principles of mathematical practice be taught:

  1. Make sense of problems and persevere in solving them.
  2. Reason abstractly and quantitatively.
  3. Construct viable arguments and critique the reasoning of others.
  4. Model with mathematics.
  5. Use appropriate tools strategically.
  6. Attend to precision.
  7. Look for and make use of structure.
  8. Look for and express regularity in repeated reasoning.

The practices are adapted from the five process standards of the National Council of Teachers of Mathematics and the five strands of proficiency in the National Research Council’s Adding It Up report.[20] These practices are to be taught in every grade from kindergarten to twelfth grade. Details of how these practices are to be connected to each grade level’s mathematics content are left to local implementation of the Standards.

As an example of mathematical practice, here is the full description of the sixth practice:

6 Attend to precision.

Mathematically proficient students try to communicate precisely to others. They try to use clear definitions in discussion with others and in their own reasoning. They state the meaning of the symbols they choose, including using the equal sign consistently and appropriately. They are careful about specifying units of measure, and labeling axes to clarify the correspondence with quantities in a problem. They calculate accurately and efficiently, express numerical answers with a degree of precision appropriate for the problem context. In the elementary grades, students give carefully formulated explanations to each other. By the time they reach high school they have learned to examine claims and make explicit use of definitions.

Mathematical content

The Standards lay out the mathematics content that should be learned at each grade level from kindergarten to Grade 8 (age 13-14), as well as the mathematics to be learned in high school. The Standards do not dictate any particular pedagogy or what order topics should be taught within a particular grade level. Mathematical content is organized in a number of domains. At each grade level there are several standards for each domain, organized into clusters of related standards. (See examples below.)

Four domains are included in each of the grades from kindergarten (age 5-6) to fifth grade (age 10-11):

  • Operations and Algebraic Thinking;
  • Number and Operations in Base 10;
  • Measurement and Data;
  • Geometry.

Kindergarten also includes the domain Counting and Cardinality. Grades 3 to 5 also include the domain Number and Operations–Fractions.

Four domains are included in each of the Grades 6 through 8:

  • The Number System;
  • Expressions and Equations;
  • Geometry;
  • Statistics and Probability.

Grades 6 and 7 also include the domain Ratios and Proportional Relationships. Grade 8 includes the domain Functions.

In addition to detailed standards (of which there are 21 to 28 for each grade from kindergarten to eighth grade), the Standards present an overview of “critical areas” for each grade. (See examples below.)

In high school (Grades 9 to 12), the Standards do not specify which content is to be taught at each grade level. Up to Grade 8, the curriculum is integrated; students study four or five different mathematical domains every year. The Standards do not dictate whether the curriculum should continue to be integrated in high school with study of several domains each year (as is done in other countries, as well as New York and Georgia), or whether the curriculum should be separated out into separate year-long algebra and geometry courses (as has been the tradition in most U.S. states). An appendix[21] to the Standards describes four possible pathways for covering high school content (two traditional and two integrated), but states are free to organize the content any way they want.

There are six conceptual categories of content to be covered at the high school level:

  • Number and quantity;
  • Algebra;
  • Functions;
  • Modeling;
  • Geometry;
  • Statistics and probability.

Some topics in each category are indicated only for students intending to take more advanced, optional courses such as calculus, advanced statistics, or discrete mathematics. Even if the traditional sequence is adopted, functions and modeling are to be integrated across the curriculum, not taught as separate courses. In fact, modeling is also a Mathematical Practice (see above), and is meant to be integrated across the entire curriculum beginning in kindergarten. The modeling category does not have its own standards; instead, high school standards in other categories which are intended to be considered part of the modeling category are indicated in the Standards with a star symbol.

Each of the six high school categories includes a number of domains. For example, the “number and quantity” category contains four domains: the real number system; quantities; the complex number system; and vector and matrix quantities. The “vector and matrix quantities” domain is reserved for advanced students, as are some of the standards in “the complex number system”.

Examples of mathematical content

Second grade example: In the second grade there are 26 standards in four domains. The four critical areas of focus for second grade are (1) extending understanding of base-ten notation; (2) building fluency with addition and subtraction; (3) using standard units of measure; and (4) describing and analyzing shapes. Below are the second grade standards for the domain of “operations and algebraic thinking” (Domain 2.OA). This second grade domain contains four standards, organized into three clusters:

Represent and solve problems involving addition and subtraction.
1. Use addition and subtraction within 100 to solve one- and two-step word problems involving situations of adding to, taking from, putting together, taking apart, and comparing, with unknowns in all positions, e.g., by using drawings and equations with a symbol for the unknown number to represent the problem.
Add and subtract within 20.
2. Fluently add and subtract within 20 using mental strategies. By end of Grade 2, know from memory all sums of two one-digit numbers.
Work with equal groups of objects to gain foundations for multiplication.
3. Determine whether a group of objects (up to 20) has an odd or even number of members, e.g., by pairing objects or counting them by 2s; write an equation to express an even number as a sum of two equal addends.
4. Use addition to find the total number of objects arranged in rectangular arrays with up to 5 rows and up to 5 columns; write an equation to express the total as a sum of equal addends.

Domain example: As an example of the development of a domain across several grades, here are the clusters for learning fractions (Domain NF, which stands for “Number and Operations—Fractions”) in Grades 3 through 6. Each cluster contains several standards (not listed here):

Grade 3:
  • Develop an understanding of fractions as numbers.

Grade 4:

  • Extend understanding of fraction equivalence and ordering.
  • Build fractions from unit fractions by applying and extending previous understandings of operations on whole numbers.
  • Understand decimal notation for fractions, and compare decimal fractions.

Grade 5:

  • Use equivalent fractions as a strategy to add and subtract fractions.
  • Apply and extend previous understandings of multiplication and division to multiply and divide fractions.

In Grade 6, there is no longer a “number and operations—fractions” domain, but students learn to divide fractions by fractions in the number system domain.

High school example: As an example of a high school category, here are the domains and clusters for algebra. There are four algebra domains (in bold below), each of which is broken down into as many as four clusters (bullet points below). Each cluster contains one to five detailed standards (not listed here). Starred standards, such as the Creating Equations domain (A-CED), are also intended to be part of the modeling category.

Seeing Structure in Expressions (A-SSE)

  • Interpret the structure of expressions
  • Write expressions in equivalent forms to solve problems
Arithmetic with Polynomials and Rational Functions (A-APR)

  • Perform arithmetic operations on polynomials
  • Understand the relationship between zeros and factors of polynomials
  • Use polynomial identities to solve problems
  • Rewrite rational expressions
Creating Equations.★ (A-CED)

  • Create equations that describe numbers or relationships
Reasoning with Equations and Inequalities (A-REI)

  • Understand solving equations as a process of reasoning and explain the reasoning
  • Solve equations and inequalities in one variable
  • Solve systems of equations
  • Represent and solve equations and inequalities graphically

As an example of detailed high school standards, the first cluster above is broken down into two standards as follows:

Interpret the structure of expressions
1. Interpret expressions that represent a quantity in terms of its context.★
a. Interpret parts of an expression, such as terms, factors, and coefficients.
b. Interpret complicated expressions by viewing one or more of their parts as a single entity. For example, interpret P(1+r)n as the product of P and a factor not depending on P.
2. Use the structure of an expression to identify ways to rewrite it. For example, see x4y4 as (x2)2 – (y2)2, thus recognizing it as a difference of squares that can be factored as (x2y2)(x2 + y2).

Different standards, by state

States have individual variations on implementing the standards.

Vermont

  • Emphasize basic arithmetic, fractions in elementary school. Focus on memorization instead of reliance on calculators.
  • An Algebra I capability is perceived for elementary school graduates; Algebra II for high school graduates.
  • Improve difficulty level of books being read. Less emphasis on how students “feel” about a book and more on analyzing content.
  • Testing by computer is planned with results available almost “instantly.”[15]

Criticism

Critics question forcing a rigid template on schools already coping with other initiatives like No Child Left Behind. For some states, this will be the third (or more) major change over the past 16 years.[15]

Some critics also question whether there is a demand for creating state standards to begin with. According to the NGA and the CCSSO one motivating factor is the U.S.’s ranking on international test results; however, there does not seem to be a relationship between the US’s low score on these tests and the US’s economic ranking.[22] The United States has ranked 1st or 2nd on the World Economic Forum since 1998 despite scoring near the bottom on the International Mathematics and Science Studies for the past 50 years.[22]

In June 2011, the Voice of America Special English reported on the common core standards on its weekly Education Report for people learning American English. Some commentators criticized the idea that “one size fits all.”[23][24]

In a Huffington Post piece, “Do We Need a Common Core?”, Nicholas Tampio raised two objections to the Common Core. First, he suggests the importance of “America’s historical commitment to local control over school districts,” and the second is his anecdotal discussion of the Common Core claims that the program provide appropriate benchmarks to all students everywhere. He recounts the changes in his son’s kindergarten as the teacher began spending more time teaching from the Common Core curriculum, and says an “inspired kindergarten curriculum has been replaced with a banal one.”

Adoption of Common Core Standards by states

The chart below contains the adoption status of the Common Core Standards as of January 15, 2013.[25] Texas and Alaska are the only states that are not members of the initiative. Nebraska and Virginia are members but have decided not to adopt the standards. Minnesota rejected the Common Core Standards for mathematics, but accepted the English/Language Arts standards.[9] The District of Columbia, the U.S. Virgin Islands, Guam, the Northern Mariana Islands, and the American Samoa Islands have also adopted the standards. Puerto Rico has not adopted the standards.

State Adoption stance
Alabama Formally adopted; repeal legislation introduced in upper and lower houses, February, 2013[26]
Alaska Non-member
Arizona Formally adopted
Arkansas Formally adopted
California Formally adopted
Colorado Formally adopted
Connecticut Formally adopted
Delaware Formally adopted
District of Columbia Formally adopted
Florida Formally adopted
Georgia Formally adopted
Hawaii Formally adopted
Idaho Formally adopted
Illinois Formally adopted
Indiana Formally adopted; repealed in State Senate on February 21, 2013
Iowa Formally adopted
Kansas Formally adopted
Kentucky Formally adopted
Louisiana Formally adopted
Maine Formally adopted
Maryland Formally endorsed
Massachusetts Formally adopted
Michigan Formally adopted
Minnesota Adopted (English standards only, math standards rejected)
Mississippi Formally adopted
Missouri Formally adopted
Montana Formally adopted
Nebraska Initiative member (will not adopt)[27]
Nevada Formally adopted
New Hampshire Formally adopted
New Jersey Formally adopted
New Mexico Formally adopted
New York Formally adopted
North Carolina Formally adopted
North Dakota Formally adopted
Ohio Formally adopted
Oklahoma Formally adopted
Oregon Formally adopted
Pennsylvania Formally adopted
Rhode Island Formally adopted
South Carolina Formally adopted
South Dakota Formally adopted
Tennessee Formally adopted
Texas Non-member
Utah Formally adopted
Vermont Formally adopted
Virginia Initiative member (will not adopt)[28]
Washington Formally adopted
West Virginia Formally adopted
Wisconsin Formally adopted
Wyoming Formally adopted

Assessment

With the implementation of new standards, states are also required to adopt new assessment benchmarks to measure student achievement. According to the Common Core State Standards Initiative website, formal assessment is expected to take place in the 2014–2015 school year, which coincides with the projected implementation year for most states.[13] The assessment has yet to be created, but two consortiums were generated with two different approaches as to how to assess the standards.[29] “26 states formed the PARCC RttT Assessment Consortium. Their approach focused on computer-based ‘through-course assessments’ in each grade combined with streamlined end of year tests, including performance tasks.”[30] The second consortium, “the SMARTER Balance Consortium, brought together 31 states proposing to create adaptive online exams.”[30] The final decision of which assessment to use will be determined by individual state education agencies. The Common Core State Standards website explained that some states plan to work together to create a common, universal assessment system based on the common core state standards while other states are choosing to work independently or through these two consortiums to develop the assessment.[31] Both of these leading consortiums are proposing computer-based exams that include fewer selected and constructed response test items, which moves away from what we typically think of as the Standardized Test most students are currently taking. This kind of assessment would be better aligned to college and career readiness, but does pose some interesting challenges considering the limited computer and technology resources available to some schools.

References

  1. ^ Gibbs, T. H. and Howley, A. (2000). “”World-Class Standards” and Local Pedagogies: Can We Do Both?” Thresholds in Education. ERIC Publications. 51 – 55.
  2. ^ “About Achieve.” (2011) Achieve, Inc. http://www.achieve.org/about-achieve
  3. ^ “Closing the Expectations Gap 2011: Sixth Annual 50-State Progress Report.” (2011). Achieve, Inc. <http://www.achieve.org/ClosingtheExpectationsGap2011&gt;
  4. ^ “Ready or Not: Creating a High School Diploma That Counts.” (2004) Achieve, Inc. <http://www.achieve.org/ReadyorNot&gt;
  5. ^ a b c “Ready or Not”
  6. ^ NGA Press Release announcing the Common State Standards Initiative
  7. ^ a b http://www.corestandards.org
  8. ^ http://www.corestandards.org/in-the-states States adopting the Core Standards
  9. ^ a b http://minnesota.publicradio.org/display/web/2012/06/12/daily-circuit-minnesota-adopting-common-core
  10. ^ Department of Education. President Obama, U.S. Secretary of Education Duncan Announce National Competition to Advance School Reform. Ed.gov. 24 July 2009. Web. 10 Oct. 2011. <http://www2.ed.gov/news/pressreleases/2009/07/07242009.html&gt;
  11. ^ “U.S Department of Education”
  12. ^ Fletcher, G. H. (2010). “Race to the Top: No District Left Behind.” T. H. E Journal 37 (10): 17 – 18.
  13. ^ a b http://www.corestandards.org
  14. ^ Anderson, Nick (March 10, 2010). “Common set of school standards to be proposed”. Washington Post. p. A1.
  15. ^ a b c d Walsh, Molly (14 September 2010). “Vermont joins 30 otherws in Common Core”. Burlington, Vermont: Burlington Free Press. pp. 1B.
  16. ^ http://www.corestandards.org/assets/CCSSI_ELA%20Standards.pdf
  17. ^ a b c d e f g h i j k l m “Key Points in English Language Arts. (2011). <http://www.corestandards.org/about-the-standards/key-points-in-english-language-arts&gt;
  18. ^ ”Hawaii No Longer Requires Teaching Cursive In Schools”. Huffpost Education. 1 August 2011.
  19. ^ mathematics Standards
  20. ^ Garfunkel, S. A. (2010). “The National Standards Train: You Need to Buy Your Ticket.” UMAP J 31 (4): 277 – 280.
  21. ^ appendix
  22. ^ a b Tienken, C. H. (2010). “Common Core State Standards: I Wonder?” Kappa Delta Pi Rec 47 (1): 14 – 17.
  23. ^ Transcript and MP3 of part one:Should All US Students Learn the Same Thing?
  24. ^ Part two: No National Standards: Strength or Weakness for Schools in US?
  25. ^ In the States (Common Core Standards Initiative website)
  26. ^ “Legislation would block Alabama from implementing national curriculum standards (updated)” Alabama Media Group, http://blog.al.com/wire/2013/02/legislation_would_block_alabam.html
  27. ^ “Nebraska one of few states not adopting standards”. The Grand Island Independent. 2013-01-05.
  28. ^ “Virginia’s stance against national standards is a blow for students”. The Washington Post. 2010-06-05.
  29. ^ “Common Core State Standards and Assessment Coalitions.” Education Insider. 9 Sept. 2010. Web. 10 Oct. 2011. <http://www.whiteboardadvisors.com/research/education-insider- common-core-standards-and-assessment-coalitions>
  30. ^ a b “Common Core State Standards and Assessment Coalitions”
  31. ^ “Common Core State Standards: In the States”

External links

For resources to use in the classroom visit http://www.commoncoreconversation.com/

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DAVID STOCKMAN: We’ve Been Lied To, Robbed, And Misled

hen, when the Fed’s fire hoses started spraying an elephant soup of liquidity injections in every direction and its balance sheet grew by $1.3 trillion in just thirteen weeks compared to $850 billion during its first ninety-four years, I became convinced that the Fed was flying by the seat of its pants, making it up as it went along. It was evident that its aim was to stop the hissy fit on Wall Street and that the thread of a Great Depression 2.0 was just a cover story for a panicked spree of money printing that exceeded any other episode in recorded human history.

David Stockman, The Great Deformation

David Stockman, former director of the OMB under President Reagan, former US Representative, and veteran financier is an insider’s insider. Few people understand the ways in which both Washington DC and Wall Street work and intersect better than he does.

In his upcoming book, The Great Deformation: The Corruption of Capitalism in America [37], Stockman lays out how we have devolved from a free market economy into a managed one that operates for the benefit of a privileged few. And when trouble arises, these few are bailed out at the expense of the public good.

By manipulating the price of money through sustained and historically low interest rates, Greenspan and Bernanke created an era of asset mis-pricing that inevitably would need to correct.  And when market forces attempted to do so in 2008, Paulson et al hoodwinked the world into believing the repercussions would be so calamitous for all that the institutions responsible for the bad actions that instigated the problem needed to be rescued — in full — at all costs.

Of course, history shows that our markets and economy would have been better off had the system been allowed to correct. Most of the “too big to fail” institutions would have survived or been broken into smaller, more resilient, entities. For those that would have failed, smaller, more responsible banks would have stepped up to replace them – as happens as part of the natural course of a free market system:

Essentially there was a cleansing run on the wholesale funding market in the canyons of Wall Street going on. It would have worked its will, just like JP Morgan allowed it to happen in 1907 when we did not have the Fed getting in the way. Because they stopped it in its tracks after the AIG bailout and then all the alphabet soup of different lines that the Fed threw out, and then the enactment of TARP, the last two investment banks standing were rescued, Goldman and Morgan [Stanley], and they should not have been. As a result of being rescued and having the cleansing liquidation of rotten balance sheets stopped, within a few weeks and certainly months they were back to the same old games, such that Goldman Sachs got $10 billion dollars for the fiscal year that started three months later after that check went out, which was October 2008. For the fiscal 2009 year, Goldman Sachs generated what I call a $29 billion surplus – $13 billion of net income after tax, and on top of that $16 billion of salaries and bonuses, 95% of it which was bonuses.

Therefore, the idea that they were on death’s door does not stack up. Even if they had been, it would not make any difference to the health of the financial system. These firms are supposed to come and go, and if people make really bad bets, if they have a trillion dollar balance sheet with six, seven, eight hundred billion dollars worth of hot-money short-term funding, then they ought to take their just reward, because it would create lessons, it would create discipline. So all the new firms that would have been formed out of the remnants of Goldman Sachs where everybody lost their stock values – which for most of these partners is tens of millions, hundreds of millions – when they formed a new firm, I doubt whether they would have gone back to the old game. What happened was the Fed stopped everything in its tracks, kept Goldman Sachs intact, the reckless Goldman Sachs and the reckless Morgan Stanley, everyone quickly recovered their stock value and the game continues. This is one of the evils that comes from this kind of deep intervention in the capital and money markets.

Stockman’s anger at the unnecessary and unfair capital transfer from taxpayer to TBTF bank is matched only by his concern that, even with those bailouts, the banking system is still unacceptably vulnerable to a repeat of the same crime:

The banks quickly worked out their solvency issues because the Fed basically took it out of the hides of Main Street savers and depositors throughout America. When the Fed panicked, it basically destroyed the free-market interest rate – you cannot have capitalism, you cannot have healthy financial markets without an interest rate, which is the price of money, the price of capital that can freely measure and reflect risk and true economic prospects.

Well, once you basically unplug the pricing mechanism of a capital market and make it entirely an administered rate by the Fed, you are going to cause all kinds of deformations as I call them, or mal-investments as some of the Austrians used to call them, that basically pollutes and corrupts the system. Look at the deposit rate right now, it is 50 basis points, maybe 40, for six months. As a result of that, probably $400-500 billion a year is being transferred as a fiscal maneuver by the Fed from savers to the banks. They are collecting the spread, they’ve then booked the profits, they’ve rebuilt their book net worth, and they paid back the TARP basically out of what was thieved from the savers of America.

Now they go down and pound the table and whine and pout like JP Morgan and the rest of them, you have to let us do stock buy backs, you have to let us pay out dividends so we can ramp our stock and collect our stock option winnings. It is outrageous that the authorities, after the so-called “near death experience” of 2008 and this massive fiscal safety net and monetary safety net was put out there, is allowing them to pay dividends and to go into the market and buy back their stock. They should be under house arrest in a sense that every dime they are making from this artificial yield group being delivered by the Fed out of the hides of savers should be put on their balance sheet to build up retained earnings, to build up a cushion. I do not care whether it is fifteen or twenty or twenty-five percent common equity and retained earnings-to-assets or not, that is what we should be doing if we are going to protect the system from another raid by these people the next time we get a meltdown, which can happen at any time.

You can see why I talk about corruption, why crony capitalism is so bad. I mean, the Basel capital standards, they are a joke. We are just allowing the banks to go back into the same old game they were playing before. Everybody said the banks in late 2007 were the greatest thing since sliced bread. The market cap of the ten largest banks in America, including from Bear Stearns all the way to Citibank and JP Morgan and Goldman and so forth, was $1.25 trillion. That was up thirty times from where the predecessors of those institutions had been. Only in 1987, when Greenspan took over and began the era of bubble finance – slowly at first then rapidly, eventually, to have the market cap grow thirty times – and then on the eve of the great meltdown see the $1.25 trillion to market cap disappear, vanish, vaporize in panic in September 2008. Only a few months later, $1 trillion of that market cap disappeared in to the abyss and panic, and Bear Stearns is going down, and all the rest.

This tells you the system is dramatically unstable. In a healthy financial system and a free capital market, if I can put it that way, you are not going to have stuff going from nowhere to @1.2 trillion and then back to a trillion practically at the drop of a hat. That is instability; that is a case of a medicated market that is essentially very dangerous and is one of the many adverse consequences and deformations that result from the central-bank dominated, corrupt monetary system that has slowly built up ever since Nixon closed the gold window, but really as I say in my book, going back to 1933 in April when Roosevelt took all the private gold. So we are in a big dead-end trap, and they are digging deeper every time you get a new maneuver.

Reagan Adviser Stockman Warns of Crash From ‘Unsustainable’ Fed-Fueled Bubble

The U.S. economy is in a bubble inflated by “phony money” from the Federal Reserve and will burst within a few years, warned David Stockman, who was budget director for President Ronald Reagan.

In an essay published in the New York Times, Stockman wrote that the Fed’s quantitative easing policies in the aftermath of the credit crisis have flooded stock markets with cash even while the “Main Street economy” remains weak. The combination, he wrote, is “unsustainable.”

“When it bursts, there will be no new round of bailouts like the ones the banks got in 2008,” wrote Stockman, a former senior managing director at Blackstone Group LP and a former Republican congressman from Michigan.

“Instead, America will descend into an era of zero-sum austerity and virulent political conflict, extinguishing even today’s feeble remnants of economic growth.”

Stockman, 66, is the author of “The Great Deformation: The Corruption of Capitalism in America,” which will be published April 2.

The Fed, led by Ben S. Bernanke, is purchasing $85 billion in assets every month. The Fed is leaving its key interest rate near zero while it tries to reduce unemployment below 6.5 percent and hold inflation below 2.5 percent.

The Standard & Poor’s 500 Index rose to an all-time high last week, closing at 1,569.19 on March 28. That surpassed the previous record of 1,565.15 set in October 2007. U.S. stock markets were closed March 29 for the Good Friday holiday.

Gold Standard

Among the other culprits Stockman blamed for what he termed a “state-wreck” are President Franklin Delano Roosevelt for weakening the gold standard in 1933, President Richard Nixon for removing the convertibility of dollars to gold and “lapsed hero” Alan Greenspan, the former Fed chairman, for keeping interest rates too low for too long.

Investors will sell, Stockman wrote, at any hint that the Fed is starting to remove assets from its balance sheet.

“Notwithstanding Bernanke’s assurances about eventually, gradually making a smooth exit, the Fed is domiciled in a monetary prison of its own making,” he wrote, warning of unsustainable fiscal policies as well. “These policies have brought America to an end-stage metastasis. The way out would be so radical it can’t happen.”

Paul Krugman, the Princeton University economist and New York Times columnist, responded on his blog yesterday, saying that he was “disappointed” in Stockman’s “gee-whiz, context- and model-free numbers embedded in a rant — and not even an interesting rant.”

Krugman called Stockman’s piece “cranky old man stuff,” and summarized it this way:

“We’ve been doomed, yes doomed, ever since FDR took us off the gold standard and introduced unemployment insurance. What about those 80 years of non-doom? Just a series of lucky accidents. Now we’re really doomed. I mean it!”

Read Latest Breaking News from Newsmax.com http://www.moneynews.com/StreetTalk/reagan-stockman-fed-disaster/2013/04/01/id/497179?s=al&promo_code=12FD5-1#ixzz2PGkRF765

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Get Free HDTV — Mohu Leaf Plus — Satelite Direct TV — Videos

Posted on March 26, 2013. Filed under: Blogroll, Business, Communications, Education, Language, Life, Links, People, Technology, Television, Video, Wisdom | Tags: , , , |

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Big Brother Bill Gates Funds k-12 Tracking of Students With InBloom Database — Invasion of Privacy — Opt Out — Videos

Posted on March 26, 2013. Filed under: Blogroll, Politics, Video, Technology, Raves, Rants, Economics, Links, People, Life, Investments, Talk Radio, Education, Babies, Employment, Security, Strategy, Communications, Law, Philosophy, Wisdom, liberty, Fiscal Policy, media, history, College, Tutorials, Business, Wealth, American History, High School | Tags: , , , , , , , , , , , , |

SOFTWARE- GATES

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Keynote: Bill Gates – SXSWedu 2013

The Bottom Line :Education Database

Defining the Need — inBloom

inBloom Vision

How inBloom’s shared data services work for educators and learners

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inBloom

inBloom launches with Gates/Carnegie funds to unify e-learning services

Summary: Despite the recent explosion in ed tech applications and services, adoption and use of data remains a significant challenge. InBloom’s new platform just may change that.

By Christopher Dawson for ZDNet Education

As recently as a couple years ago, the biggest problem schools faced with implementing technology tools for students and teachers was the lack of research-based, pedagogically sound, applications. There was plenty of software, some of it good, not much of it great, and very little of it really cranking out usable data for teachers and other stakeholders. The recent explosion of investment in ed tech has yielded some really valuable applications, though, and the challenges have shifted to adoption and ease of use of disparate software and services.

inBloom, which launched this week, is hoping to change that. I had the chance to talk with Iwan Streichenberger, CEO of inBloom, Inc., and couldn’t help but be impressed with both the current platform and the future vision of the non-profit. inBloom offers a set of technologies and services, most notably robust APIs, that allow single sign-on and aggregation of data from many web-based educational tools and provide a basis for companies to develop new solutions for schools, teachers, parents, and students that are interoperable without needing to conform to arbitrary standards or conventions. As the company put it in their press release,

The inBloom data integration and content search services enrich learning applications by connecting them to systems and information that currently live in a variety of different places and formats, while helping to reduce costs for states and districts. This comprehensive view into each student’s history can help those involved in education…act quickly to help each student succeed. It also helps educators locate standards-aligned instructional resources from multiple providers and match them with their students’ needs…

Additionally, the inBloom framework enables technology providers to develop and deploy products without having to build custom connections to each state and district data source. This means more developers will have the opportunity to create new and powerful applications to benefit students, with lower implementation costs and faster time-to-market.

For example, an SIS provider could build a custom dashboard with student data from any application connected to inBloom. 22 such providers have already signed on to connect their applications to inBloom and 9 states are involved in piloting the service. The real goal, though, goes back to the ed tech holy grail of “an IEP for everyone” (my words – inBloom calls it “[integration of] student data and learning applications to support sustainable, cost-effective personalized learning”). If teachers can’t easily access data generated by learning applications and stored in SIS/LMS platforms and then quickly find and provide appropriate resources for students based on these data, then we aren’t leveraging the tools in which we’re investing. Kids are just taking tests on the web and playing computer games at that point and, with 30+ kids in a class, there’s no real hope of differentiated instruction.

Although the Bill and Melinda Gates Foundation and the Carnegie Corporation have funded a wide range of educational initiatives, this one (which received initial philanthropic funding from the two organizations) strikes me as one of the most potentially transformative. Nobody benefits if the current unprecedented levels of investor interest in ed tech becomes a bubble that funded lots of applications from which teachers and students derive limited benefit. But if inBloom can harness these applications to develop a meaningful, well-rounded ecosystem, then the potential for ed tech to achieve much of what it has promised in the last 20 years (with only moderate success) increases significantly. It doesn’t hurt that companies with great ideas and great products will be able to tap into a ready market, either, eager to adopt strong applications from a unified ecosystem.

There will be more announcements and demonstrations from inBloom at SxSWEdu at the beginning of March where we’ll be able to see the system in action.

http://www.zdnet.com/inbloom-launches-with-gatescarnegie-funds-to-unify-e-learning-services-7000010900/

Bill Gates’ $100 million database to track students

Corporations gaining access to grades, addresses, hobbies, attitudes

By Michael F. Haverluck

Over the past 18 months, a massive $100 million public-school database spearheaded by the $36.4 billion-strong Bill and Melinda Gates Foundation has been in the making that freely shares student information with private companies.

The system has been in operation for several months and already contains millions of K-12 students’ personal identification ‒ ranging from name, address, Social Security number, attendance, test scores, homework completion, career goals, learning disabilities, and even hobbies and attitudes about school.

Claiming that the national database will enhance education, the main funder of the project, the Gates Foundation, entered the joint venture with the Carnegie Corporation of New York and school officials from a number of states. After Rupert Murdoch’s Amplify Education (a division of News Corp) spent more than a year developing the system’s infrastructure, the Gates Foundation delivered it to inBloom ‒ a nonprofit corporation recently established to run the database.

School officials and private companies doing business with districts might have plenty to be happy about with this information-sharing system, but ParentalRights.org President Michael P. Farris says parents have plenty to worry about when it comes to inBloom’s national database.

“The greatest immediate threat to children is the threat to their privacy,” Farris told WND in an exclusive interview. “The Supreme Court has recognized a sphere of privacy within the family, but this project would take personal information about each child, apart from any considerations of parental consent, and put it into a database being managed and monitored solely by the government agencies and private corporations that use it.”

And with globalists like Bill Gates (the world’s second richest man with a net worth of $61 billion) and big government joining hands in the project, could children’s information be abused for ulterior motives?

“I cannot speak to Mr. Gates’ personal motivations, [but] the Bill & Melinda Gates Foundation has been connected with human rights organizations that promote the internationalist mindset, and this project clearly fits with that agenda,” Farris explained. “The Convention on the Rights of the Child committee has repeatedly browbeat nations to create a national database just like this that will allow the government to track children, purportedly to make sure their human rights are being protected ‒ different declared purpose, same kind of system, same invasion of privacy for government purposes.”

Michael Farris

When contacted for comment about the benefits and potential dangers of the database, the Bill and Melinda Gates Foundation did not respond.

Breach of privacy?

Holding the legal right to control student information, local education officials reportedly have the authority under federal law to share database files with private companies ‒ such as Gates’ Microsoft ‒ that sell educational products and services so that they can mine the info to create new tailored products.

But Farris believes the digital information distribution system violates the constitutional rights of parents to protect their children.

“We believe parents have the fundamental right to direct the upbringing, education and care of their children,” asserts Farris, who was named one of the “Top 100 Faces in Education of the 20th Century” by Education Week. “Historically, the Supreme Court has supported that right. That means parents are the primary guardians of a child’s privacy.”

He notes the hypocrisy of many globalist billionaires (such as Gates, whose 11-, 14- and 17-year-old children enjoy the extra security of private schools and for their own protection, have had to wait until the age of 13 to get a cell phone).

“This is just one more example of the elite internationalist double standard,” contends Farris, who also is the founder and chairman of the Home School Legal Defense Association (HSLDA). “They are perfectly content to share your child’s personal information, while keeping their own children in private schools or under private tutors.”

Farris, who is also the founding president and current chancellor of Patrick Henry College, sees corporate leaders as using those of lesser means to benefit their own interests.

“They protect their own privacy at any cost, but you need to surrender yours for the good of their ideal society,” Farris adds. “Ultimately, it doesn’t seem so ideal for the rest of us.”

Farris insists that schools giving in to the corporate interests of billionaires, such as Gates and Murdoch, is a major breach of parental rights.

“Now the government is sharing private student information with other organizations without parental consent,” Farris points out. “We believe that infringes a child’s right to privacy, and it infringes the parents’ right to be the first line of defense for that child.”

Many parents concur and feel uneasy with school administrators having full control over their children’s files, especially with states and school districts having full discretion over whether student records are entered into the database.

“Once this information gets out there, it’s going to be abused,” parent Jason France told Reuters in Louisiana, which, along with New York, is slated to input virtually all student records statewide. “There’s no doubt in my mind.”

Illinois, Massachusetts, Colorado, Georgia, Delaware, Kentucky and North Carolina have pledged to contribute student records from various school districts.

Because federal officials claim that the national database does not violate privacy laws, the Department of Education maintains that no parental consent is needed by schools to share student records with any “school official” with a “legitimate educational interest” ‒ which includes school-contracted private companies.

Gates’ real take on security

Being in the business of contributing to educational technologies for decades, 57-year-old Microsoft Chairman Bill Gates has much vested interest in education, and in years past, he has had much to say about the privacy of electronic information.

“Trustworthy Computing is the highest priority for all the work we are doing,” Gates stated a decade ago in a famous company-wide memo at Microsoft. “We must lead the industry to a whole new level of Trustworthiness in computing.”

And by “trustworthy,” Gates was referring to not letting people’s information get into the wrong hands.

“Users should be in control of how their data is used,” explained Gates ‒ who believes that his customers’ information should not be freely distributed, but does not hold that view when it comes to parents and the records of their children.

“Policies for information use should be clear to the user. Users should be in control … it should be easy for users to specify appropriate use of their information …”

In fact, when it comes to protecting and courting customers, Gates has spared no cost.

“So now, when we face a choice between adding features and resolving security issues, we need to choose security,” states the memo from Gates, whose $150 million, 66,000-square-foot home on Lake Washington has a 2,500-square-foot gym, a 1,000 square-foot living room and a 60-foot swimming pool complete with an underwater music system. “Our products should emphasize security right out of the box, and we must constantly refine and improve that security as threats evolve.”

Bill Gates’ home on Lake Washington, near Seattle

Despite his endorsement of the school database, Gates ‒ who gave up first place in global net worth to Mexico’s Carlos Slim Helu ($69 billion) after giving away $28 billion through his foundation ‒ is a strong backer of International Data Privacy Day, which has this to say about protecting people’s information:

“In this networked world, in which we are thoroughly digitized, with our identities, locations, actions, purchases, associations, movements, and histories stored as so many bits and bytes, we have to ask – who is collecting all of this data – what are they doing with it – with whom are they sharing it? Most of all, individuals are asking ‘How can I protect my information from being misused?’ These are reasonable questions to ask – we should all want to know the answers.”

Officials of the annual event proclaim endorsement of the very principles that Gates’ new public school database evidently tramples.

“Data Privacy Day promotes awareness about the many ways personal information is collected, stored, used, and shared, and education about privacy practices that will enable individuals to protect their personal information,” the events’ organizers declare.

Student security not a priority

Even though the facilitator of the public school database promises that it will keep a tight rein on students’ information, a closer look into inBloom’s privacy policy shows another stance.

“[inBloom] cannot guarantee the security of the information stored … or that the information will not be intercepted when it is being transmitted,” the company’s documentation states.

Unlike most software and Internet users, parents have little recourse when it comes to protecting their children’s information on the database. Voicing their concerns with state officials via written protests, parents of public schoolers from Louisiana and New York are up-in-arms. Even the American Civil Liberties Union (ACLU), Parent-Teacher Association (PTA) in Massachusetts, as well as attorneys in New York, are following suit.

But according to Farris, public education is just fanning the flames of parental fears that “Big Brother” is tightening its grip on the masses by treating the Family Educational Rights and Privacy Act (FERPA) as a “living and breathing document” to undermine its original intent.

“We know the Department of Education quietly modified their understanding of FERPA law in the last two years to allow for a system like this,” Farris argues. “Homeschool Legal Defense Association, of which I am chairman, filed a letter with the Department opposing their intended changes, but like all such letters in this particular instance, our input was ignored.”

And has Bill Gates’ personal information been as freely accessible as he would public schoolers’ to be? Not exactly.

Just earlier this month, the now part-timer from Microsoft (since 2008) has been made the latest victim of celebrity data exposure, with his Social Security number, birthdate, credit card number and full credit report being posted online. No comment has been made whether Gates believes the dissemination of his SSN is a breach of privacy, but his heavy involvement in the school database indicates that sharing such information of public school students isn’t a breach.

And just how important is privacy to Gates?

In 1994, when he married Melinda in a private ceremony on the Hawaiian island of Lanai, he bought out every unoccupied room of all nearby hotels and booked every helicopter in the surrounding area to ensure privacy from photographers.

Reports also indicate that First Lady Michelle Obama was also a recent victim of having her SSN and credit report posted online. She and a couple dozen celebrities were impersonated by hackers who entered some of their basic personal information into a website ‒ the same type of information (of students) school officials are entering into their system by the millions.

President Barack Obama recently expressed his concern over electronic information being exploited by others, and when it comes to info being dispersed about his wife, he is dispatching U.S. authorities to investigate.

“We should not be surprised that if we’ve got hackers that want to dig in and have a lot of resources, that they can access this information,” Obama told ABC News. “Again, not sure how accurate but … you’ve got websites out there that tell people’s credit card info. That’s how sophisticated they are.”

And to make it easy for companies to tap in, inBloom has made its service free, but is likely to begin charging for its use by 2015.

Opening the Gates agenda?

Much concern has been expressed over the years regarding the driving force behind Gates and his organizations, which have demonstrated unflagging support of many leftist causes.

Just last week, the richest man in America lamented that Obama’s powers are too restricted.

“Some days, I wish we had a system like the U.K. where, you know, the party in power could do a lot and you know, you’d see how it went and then fine, you could un-elect them,” Gates proclaimed at a Politico event when asked about Obama’s performance as president, according to the Daily Caller.

In a speech just over a week ago at the Global Grand Challenges Summit put on by the Royal Academy of Engineering, Gates said capitalism “means male baldness research gets more funding than malaria,” , according to Wired Magazine.

Since the inception of the Gates Foundation in 1994, the same year Gates spent $30.8 million at an auction for a collection of Leonardo da Vinci’s Codex Leicester writings, he has been a staunch supporter of population control through vaccines and other methods.

Last summer, Gates and his wife represented their foundation at a “family planning” summit in London hosted by the U.K. Department of International Development, which included Planned Parenthood and the United Nations Populations Fund, along with other prominent pro-abortion advocates.

And at the exclusive Technology, Entertainment and Design 2010 Conference in Long Beach, Calif., Gates presented this population-control formula: P (people) x S (services per persons) x E (average energy per service) x C (average CO2 emitted per unit of energy) = CO2 (total CO2 emitted by population per year).

In his speech titled “Innovating to Zero!” he talked about keeping the world population from peaking at an estimated 9.3 billion.

“First we got population,” Gates explained. “The world today has 6.8 billion people. That’s headed up to about 9 billion. Now if we do a really great job on new vaccines, health care, reproductive health services, we could lower that by perhaps 10 or 15 percent.”

Even though Gates suggested at the invitation-only event that using vaccines is one means to reduce world population, his foundation focuses media attention on other goals, such as eradicating measles and polio.

But the foundation’s extreme measures taken to administer the shots to undeveloped nations are often underreported.

In 2011, few people knew about partners of the Gates foundation forcing 131 Malawian children against their religious convictions to receive measles vaccinations at gunpoint as part of achieving the goal of vaccinating every child on earth, as reported by Natural News.

Gates, an ex-Boy Scout, is also an advocate of homosexual behavior, stating at last week’s Politico event that the youth organization should “absolutely” lift its ban on “gay” members when asked his opinion.

Standing side-by-side with Planned Parenthood ‒ which has documented that promoting homosexuality is one of its tactics behind population control ‒ Gates’ Microsoft was a major contributors to last year’s successful election campaign that worked to legalize same-sex marriage in his native Washington state.

The future of Gates’ database?

The new school database is not moving forward without legal resistance.

“It’s a lot of smoke and mirrors,” contended Electronic Privacy Law Center Administrative Counsel Khaliah Barnes in a statement to the Daily News. “What happens if a company using the data is compromised? What happens if the company goes out of business? We don’t know the answers.”

The issue over the database is being brought to the forefront as a major civil rights issue.

“Turning massive amounts of personal data about public school students to a private corporation without any public input is profoundly disturbing and irresponsible,” New York Civil Liberties Union Executive Director Donna told the Daily News.

The NYCLU is castigating New York State officials for denying parents the choice to opt out of the controversial program and for failing to warn parents of its implementation.

To counter Gates’ school database project, ParentalRights.org urges Americans to sign a petition supporting the Parental Rights Amendment, which will codify the fundamental right of parents in the U.S. Constitution to direct the upbringing, education and care of their children.

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SRT (Special Response Team) on WGN TV

BREAKING: DHS 2013 Buys Armored Vehicles & Tanks ..2700 of them

DEPARTMENT OF HOMELAND SECURITY buys 2700 armored vehicles? Some say it’s a USMC contract. DHS buys BILLIONS of rounds of ammunition in the last 8yrs?. D.H.S. buying U.S. Military vehicles and equipment for use on Americans; there is no other excuse. D.H.S. is not for defense of America, we the people, and/or Constitution ..that is what the Armed Forces are supposed to be for. Billions of rounds of ammunition and all that military equipment is staged across America in about every neighborhood. NORTHCOM has stated that part of it’s mission is to prepare for “Martial Law” ..and has staged equipment from tanks to riot gear throughout America; according to the Commander of NORTHCOM that is being replaced shortly.

America : DHS purchasing Drones, Tanks, Rifles and Ammo for War inside the U.S.

2700 Armored Vehicles Purchased for Police Departments by DHS

Michael Savage – Obama DHS Purchases 2,700 Light-Armored Tanks

Forbes: Time For A National Conversation On DHS Massive Ammo Buy

Fox News Confirms Alex Jones DHS Ammo Purchases Story

NJ Congressman: DHS must explain ammunition and armored vehicle purchases

    Homeland Security Buys 1.6 BILLION Rounds of Ammunition…

DHS Refuses to Answer Congress on 1.6 Billion Bullet Purchase

Levin Wants Answers On DHS Ammo Purchase But Not Obama Identity Document Fraud

War on US Citizens Planned – Part 1 of 2

War on US Citizens Planned – Part 2 of 2

Homeland Security buys 450 Million Rounds of Ammo

Breaking News USA police department Surveillance Drones Spying on civilians end times news 3-24-13 

DHS Preparing For Civil War In The US?

Background Articles and Videos

Once again DHS orders hundreds of millions of rounds of ammo

Joint Mine Resistant Ambush Protected (MRAP) Vehicle Program (Part 1 of 2)

Joint Mine Resistant Ambush Protected (MRAP) Vehicle Program (Part 2 of 2)

DHS Won’t Answer Congress On Billion Bullet Purchase

Bullet Buys: Fifteen members of Congress have written a letter to the Department of Homeland Security demanding to know why the federal agency is buying so many rounds of ammunition. We’d like to know too.

Freshman California Republican Doug LaMalfa and 14 of his House colleagues, who signed on to his March 5 letter, are asking the Department of Homeland Security to explain why it is buying 1.6 billion rounds of ammunition of various calibers. They aren’t happy with explanations provided so far in the press by lower-level officials, answers meant to debunk “unfounded” concerns.

As we have noted, DHS has been buying lots of ammo, enough by one calculation to fight the equivalent of a 24-year Iraqi War.

Peggy Dixon, spokeswoman for the Federal Law Enforcement Training Center in Glynco, Ga., told the Associated Press that the training center and others like it run by the Homeland Security Department use as many as 15 million rounds every year, mostly on shooting ranges and in training exercises.

The massive purchases are said to be spread out over five years and due simply to the best practice of saving money by buying in bulk what comes down to five rounds of ammo for every man, woman and child on the U.S. That’s a lot of practice and training.

A good portion of the 1.6 billion rounds of ammunition are being purchased by Immigration and Customs Enforcement, the federal government’s second-largest criminal investigative agency. Yes that’s the same ICE that is releasing detained criminal illegal aliens onto our streets because of sequestration cuts.

Jonathan Lasher, the Social Security Administration’s assistant inspector general for external relations, explained the purchase of 174,000 hollow-point bullets by saying they were for the Social Security inspector general’s office, which has about 295 agents who investigate Social Security fraud and other crimes.

When they say they’re cracking down on waste, fraud and abuse, they apparently mean it.

However, as former Marine Richard Mason told reporters with WHPTV News in Pennsylvania recently, hollow-point bullets (which make up the majority of the DHS purchases) are not used for training because they are more expensive than standard firing range rounds .

“We never trained with hollow points, we didn’t even see hollow points my entire 4-1/2 years in the Marine Corps,” Mason said.

LaMalfa offers one theory that’s less sinister than some: The federal government is simply trying to corner the market on ammo and restrict what’s available to the American people as part of its gun control efforts.

1.6 Billion Rounds Of Ammo For Homeland Security? It’s Time For A National Conversation

Ralph Benko, Contributor

The Denver Post, on February 15th, ran an Associated Press article entitled Homeland Security aims to buy 1.6b rounds of ammo, so far to little notice.  It confirmed that the Department of Homeland Security has issued an open purchase order for 1.6 billion rounds of ammunition.  As reported elsewhere, some of this purchase order is for hollow-point rounds, forbidden by international law for use in war, along with a frightening amount specialized for snipers. Also reported elsewhere, at the height of the Iraq War the Army was expending less than 6 million rounds a month.  Therefore 1.6 billion rounds would be enough to sustain a hot war for 20+ years.  In America.

Add to this perplexing outré purchase of ammo, DHS now is showing off its acquisition of heavily armored personnel carriers, repatriated from the Iraqi and Afghani theaters of operation.  As observed by “paramilblogger” Ken Jorgustin last September:

[T]he Department of Homeland Security is apparently taking delivery (apparently through the  Marine Corps Systems Command, Quantico VA, via the manufacturer – Navistar Defense LLC) of an undetermined number of the recently retrofitted 2,717 ‘Mine Resistant Protected’ MaxxPro MRAP vehicles for service on the streets of the United States.”

These MRAP’s ARE BEING SEEN ON U.S. STREETS all across America by verified observers with photos, videos, and descriptions.”

Regardless of the exact number of MRAP’s being delivered to DHS (and evidently some to POLICE via DHS, as has been observed), why would they need such over-the-top vehicles on U.S. streets to withstand IEDs, mine blasts, and 50 caliber hits to bullet-proof glass? In a war zone… yes, definitely. Let’s protect our men and women. On the streets of America… ?”

“They all have gun ports… Gun Ports? In the theater of war, yes. On the streets of America…?

Seriously, why would DHS need such a vehicle on our streets?”

Why indeed?  It is utterly inconceivable that Department of Homeland Security Secretary Janet Napolitano is planning a coup d’etat against President Obama, and the Congress, to install herself as Supreme Ruler of the United States of America.  There, however, are real signs that the Department bureaucrats are running amok.  About 20 years ago this columnist worked, for two years, in the U.S. Department of Energy’s general counsel’s office in its procurement and finance division.  And is wise to the ways.   The answer to “why would DHS need such a vehicle?” almost certainly is this:  it’s a cool toy and these (reportedly) million dollar toys are being recycled, without much of a impact on the DHS budget.  So… why not?

Why, indeed, should the federal government not be deploying armored personnel carriers and stockpiling enough ammo for a 20-year war in the homeland?  Because it’s wrong in every way.  President Obama has an opportunity, now, to live up to some of his rhetoric by helping the federal government set a noble example in a matter very close to his heart (and that of his Progressive base), one not inimical to the Bill of Rights: gun control.  The federal government can (for a nice change) begin practicing what it preaches by controlling itself.

Remember the Sequester?  The president is claiming its budget cuts will inconvenience travelers by squeezing essential services provided by the (opulently armed and stylishly uniformed) DHS.  Quality ammunition is not cheap.  (Of course, news reports that DHS is about to spend $50 million on new uniforms suggests a certain cavalier attitude toward government frugality.)

Spending money this way is beyond absurd well into perverse.  According to the AP story a DHS spokesperson justifies this acquisition to “help the government get a low price for a big purchase.” Peggy Dixon, spokeswoman for the Federal Law Enforcement Training Center:  “The training center and others like it run by the Homeland Security Department use as many as 15 million rounds every year, mostly on shooting ranges and in training exercises.”

At 15 million rounds (which, in itself, is pretty extraordinary and sounds more like fun target-shooting-at-taxpayer-expense than a sensible training exercise) … that’s a stockpile that would last DHS over a century.  To claim that it’s to “get a low price” for a ridiculously wasteful amount is an argument that could only fool a career civil servant.

Meanwhile, Senator Diane Feinstein, with the support of President Obama, is attempting to ban 100 capacity magazine clips.  Doing a little apples-to-oranges comparison, here, 1.6 billion rounds is … 16 million times more objectionable.

Mr. Obama has a long history of disdain toward gun ownership.  According to Prof. John Lott, in Debacle, a book he co-authored with iconic conservative strategist Grover Norquist,

“When I was first introduced to Obama (when both worked at the University of Chicago Law School, where Lott was famous for his analysis of firearms possession), he said, ‘Oh, you’re the gun guy.’

I responded: ‘Yes, I guess so.’

’I don’t believe that people should own guns,’ Obama replied.

I then replied that it might be fun to have lunch and talk about that statement some time.

He simply grimaced and turned away. …

Unlike other liberal academics who usually enjoyed discussing opposing ideas, Obama showed disdain.”

Mr. Obama?  Where’s the disdain now?  Cancelling, or at minimum, drastically scaling back — by 90% or even 99%, the DHS order for ammo, and its receipt and deployment of armored personnel carriers, would be a “fourfer.”

  • The federal government would set an example of restraint in the matter of weaponry.
  • It would reduce the deficit without squeezing essential services.
  • It would do both in a way that was palatable to liberals and conservatives, slightly depolarizing America.
  • It would somewhat defuse, by the government making itself less armed-to-the-teeth, the anxiety of those who mistrust the benevolence of the federales.

If Obama doesn’t show any leadership on this matter it’s an opportunity for Rep. Darrell Issa, chairman of the House Oversight and Government Reform Committee, and Rep. Michael McCaul, chairman of the House Committee on Homeland Security, to summon Secretary Napolitano over for a little national conversation. Madame Secretary?  Buying 1.6 billion rounds of ammo and deploying armored personnel carriers runs contrary, in every way, to what “homeland security” really means.  Discuss.

http://www.forbes.com/sites/ralphbenko/2013/03/11/1-6-billion-rounds-of-ammo-for-homeland-security-its-time-for-a-national-conversation/

 

Responses to Senator Coburn’s November 13, 2012 Letter

 

DHS Explains Plans To Buy 1.6B Rounds Of Ammo: We’re Buying in Bulk to ‘Significantly Lower Costs’

By Gregory Gwyn-Williams, Jr.

The Department of Homeland Security (DHS) has responded to a letter dated November 13, 2012 from Senator Tom Coburn (R-Okla.) regarding the agency’s ammunition purchases.

Sen. Coburn published the response on the U.S. Senate Committee on Homeland Security and Governmental Affairs website yesterday, April 1, 2013.

The response, dated February 4, 2013, says that DHS buys ammunition in bulk to “significantly lower costs.”

The letter states:

“DHS routinely establishes strategic sourcing contracts that combine the requirements of all its Components for commonly purchased goods and services such as ammunition, computer equipment and information technology services.  These strategic sourcing contracts help leverage the purchasing power of DHS to efficiently procure equipment and supplies at significantly lower costs.”

While it has been previously reported that DHS has solicited the purchase of 1.6 billion rounds of ammunition over the next four to five years, the government agency shows only 263,733,362 rounds in its current inventory.

But, DHS estimates it will spend $37,263,698 on ammunition in FY 2013.

Last year, DHS spent $36,535,910, a decrease from 2011′s ammunition expense of $38,237,305.

Also, over the last three years the number of rounds purchased by DHS has declined.

In 2010, the agency purchased 148,314,825 rounds.  In 2011, 108,664,054 rounds were purchased; and in 2012, 103,178,200 rounds.

In response to how the ammunition will be used by DHS, the various component agencies answered specific to their usage:

  • CBP (Customs & Border Protection) said that “70 percent of CBP ammunition is used for quarterly qualifications.”
  • ICE (Immigration and Customs Enforcement) says it “allocates 1,000 rounds of ammunition per firearm per year for quarterly qualifications and training.”
  • TSA (Transportation Security Administration) says “35 percent of TSA ammunition is allocated for operational use (qualifications and duty carry).”

For Full DHS Response, Click Here.

http://cnsnews.com/blog/gregory-gwyn-williams-jr/dhs-explains-plans-buy-16b-rounds-ammo-were-buying-bulk-significantly

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Jean Shepherd — Videos

Posted on March 14, 2013. Filed under: American History, Blogroll, Communications, Culture, Education, Entertainment, history, liberty, Life, Links, media, People, Philosophy, Politics, Radio, Raves, Talk Radio, Technology, Video, Wealth, Wisdom | Tags: , , , , , |

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Jean Shepherd Tribute

Trailer – A Christmas Story (1983)

“A Christmas Story” is a 1983 Christmas comedy film based on the short stories and semi-fictional anecdotes of author Jean Shepherd. The film centers on 9 year old ”Ralphie” Parker, who only wants one thing for Christmas; a Red Ryder BB Gun.

Jean Shepherd: A Christmas Story WOR Radio 1974 1/5

Jean Shepherd: A Christmas Story WOR Radio 1974 2/5 

Jean Shepherd: A Christmas Story WOR Radio 1974 4/5

Jean Shepherd: A Christmas Story WOR Radio 1974 3/5

Jean Shepherd: A Christmas Story WOR Radio 1974 5/5

Jean Shepherd – The Great American Fourth of July – PART 1

Jean Shepherd – The Great American Fourth of July – PART 2

Jean Shepherd – The Great American Fourth of July – PART 3

Jean Shepherd – The Great American Fourth of July – PART 4

Jean Shepherd – The Great American Fourth of July – PART 5

Jean Shepherd – The Great American Fourth of July – PART 6

Jean Shepherd – Route 22

Jean Shepherd – “Call-In Radio”

Jean Shepherd’s Parody of Lawrence Welk

Jean Shepherd’s America – Chicago (White Sox) 

Phantom Of The Open Hearth (Complete) Jean Shepherd

Jean Shepherd on Beer

Jean Shepherd    Cafe Incident     WOR Radio NY 

Jean Shepherd WOR Radio “Train Traffic Jam”

Jean Shepherd Plane Lands     Part 1 of 2

Jean Shepherd     Plane Lands     Part 2 of 2

Jean Shepherd WOR Radio  The Perfect Crime

Jean Shepherd    Uncle Carl’s Essex

Jean Shepherd   WOR Radio    Stoned MG 

Jean Shepherd    The General

Jean Shepherd   WOR Radio  Air Corps Flight

Jean Shepherd   WOR Radio   Japanese  Balloon Bombs 

Jean Shepherd  WOR Radio   Ice Cream War

Jean Shepherd WOR Radio  Troop Train Ernie

Jean Shepherd    Cafe Incident     WOR Radio NY

Jean Shepherd   New York Worlds Fair     Part 1 of 2

Jean Shepherd   New York Worlds Fair    Part 2 of 2

Jean Shepherd     Ham Radio     Part 1 of 2

Jean Shepherd WOR Radio describes getting his Class A Ticket.     Part 1     1-7-64
Jean Shepherd was an American  Radio and TV personality, writer and actor who was often referred to by the nickname “Shep”.    He did a 45 minute nightly live radio show on WOR in New York for over twenty years.    With a career that spanned decades, Shepherd is perhaps best-known to modern audiences for narrating the film A Christmas Story (1983), which he co-wrote, based on his own semi-autobiographical stories.     As a kid he worked briefly as a mail carrier at a  Indiana  steel mill and earned his Amateur Ham radio license when he was 14.    During World War II, he served in the U.S. Army Signal Corps.     In 2005, Shep was posthumously inducted into the National Radio Hall of Fame.

Jean Shepherd     Ham Radio     Part 2 of 2

Jean Shepherd   The Specialist      Part 1 of 2

Jean Shepherd     The Specialist    Part 2of 2

Jean Shepherd      Bums

Jean Shepherd – “Shepherd’s Pie”

[youtube=http://www.youtube.com/watch?v=I9XWucxFYuU]

Part 1: Jean Shepherd’s “I Libertine” Literary Hoax

Part 2: Jean Shepherd’s “I Libertine” Literary Hoax

Jean Shepherd

Jean Parker Shepherd (July 26, 1921 – October 16, 1999) was an American raconteur, radio and TV personality, writer and actor who was often referred to by the nickname Shep.[1]

With a career that spanned decades, Shepherd is best known to modern audiences[2] for the film A Christmas Story (1983), which he narrated and co-scripted, based on his own semi-autobiographical stories.

Early life

Born on the south side of Chicago, Illinois, Shepherd was raised in Hammond, Indiana, where he graduated from Hammond High School in 1939.[2] The movie A Christmas Story is based on his days growing up in Hammond’s southeast side neighborhood of Hessville. As a youth he worked briefly as a mail carrier in a steel mill and earned his Amateur Radio license, sometimes claiming he got it at 16, other times saying he was even younger. Shepherd was a lifelong White Sox fan.

During World War II, he served in the U.S. Army Signal Corps.[2] Shepherd then had an extensive career in a variety of media.

 Career

 Radio career

Shepherd began his broadcast radio career on WSAI in Cincinnati, Ohio in 1948. From 1951 to 1953 he had a late-night broadcast on KYW in Philadelphia, Pennsylvania, after which he returned to Cincinnati for a show on WLW. After a stint on television (see below), he returned to radio. “Shep,” as he was known, settled in at WOR radio New York City, New York on an overnight slot in 1956, where he delighted his fans[3] by telling stories, reading poetry (especially the works of Robert W. Service), and organizing comedic listener stunts. The most famous[4] of the last involved creating a hoax about a non-existent book, I, Libertine, by the equally non-existent 18th century author “Frederick R. Ewing”, in 1956. During a discussion on how easy it was to manipulate the best seller lists, which at that time were based not only on sales but demand, Shepherd suggested that his listeners visit bookstores and ask for a copy of I, Libertine which led to booksellers attempting to purchase the book from their distributors. Fans of the show eventually took it further, planting references to the book and author so widely that demand for the book led to it being listed on The New York Times Best Seller list.[citation needed] Shepherd, Theodore Sturgeon and Betty Ballantine later wrote the actual book, with a cover painted by illustrator Frank Kelly Freas, published by Ballantine Books.[5] Among his close friends in the late 1950s were Shel Silverstein and Herb Gardner. With them and actress Lois Nettleton, Shepherd performed in the revue he created, Look, Charlie. Later he was married to Nettleton for about six years.[6]

When he was about to be released by WOR in 1956 for not being commercial, he did a commercial for Sweetheart Soap, not a sponsor, and was immediately fired. His listeners besieged WOR with complaints, and when Sweetheart offered to sponsor him he was reinstated. Eventually, he attracted more sponsors than he wanted—the commercials interrupted the flow of his monologues. Ex WOR engineer, Frank Cernese, adds: The commercials of that era were on “ETs”—phonograph records about 14″ in diameter. Three large turntables were available to play them in sequence. However, Shepherd liked the engineer to look at him and listen when he told his stories. That left little time to load the turntables and cue the appropriate cuts. That’s when he started complaining about “too many commercials”!.[citation needed] He broadcast until he left WOR in 1977. His subsequent radio work consisted of only short segments on several other stations including crosstown WCBS. His final radio gig was the Sunday night radio show “Shepherd’s Pie” on WBAI-FM in the mid-1990s, which consisted of his reading his stories uncut, uninterrupted and unabridged. The show was one of WBAI’s most popular of the period.

In later life he publicly dismissed his days as a radio raconteur as unimportant, focusing more on his writing and movie work. This distressed his legions of fans who fondly remembered nights with Shepherd on WOR.[citation needed] He once made such comments during an appearance on the Tomorrow Show with Tom Snyder. This contrasts with his frequent criticisms of television during his radio programs.

In addition to his stories, his shows also contained, among other things, humorous anecdotes and general commentaries about the human condition, observations about life in New York, accounts of vacations in Maine and travels throughout the world. Among the most striking of his programs was his account of his participation in the March on Washington in August 1963, during which Dr. Martin Luther King gave his “I Have a Dream” speech, and the program that aired on November 25, 1963—the day of President Kennedy’s burial. However, his most scintillating programs remain his oftimes prophetic, bitingly humorous commentaries about ordinary life in America.

Throughout his radio career, he performed entirely without scripts. His friend and WOR colleague Barry Farber marveled at how he could talk so long with very little written down.[citation needed] Yet during a radio interview, Shepherd once claimed that some shows took several weeks to prepare. On most of his Fourth of July broadcasts, however, he would read one of his most enduring and popular short stories, “Ludlow Kissel and the Dago Bomb that Struck Back,” about a neighborhood drunk and his disastrous fireworks escapades. In the 1960s and 1970s, his WOR show ran from 11:15 pm to midnight, later changed to 10:15 pm to 11 pm, so his “Ludlow Kissel” reading was coincidentally timed to many New Jersey and New York local town fireworks displays, which would traditionally reach their climax at 10 pm. It was possible, on one of those July 4 nights, to park one’s car on a hilltop and watch several different pyrotechnic displays, accompanied by Shepherd’s masterful storytelling.

 Print

Jean Shepherd posed as Frederick R. Ewing on the back cover of Ballantine’s I, Libertine (1956).

Shepherd wrote a series of humorous short stories about growing up in northwest Indiana and its steel towns, many of which were first told by him on his programs and then published in Playboy. The stories were later assembled into books titled In God We Trust, All Others Pay Cash, Wanda Hickey’s Night of Golden Memories: and Other Disasters, The Ferrari in the Bedroom, and A Fistful of Fig Newtons. Some of those situations were incorporated into his movies and television fictional stories. He also wrote a column for the early Village Voice, a column for Car and Driver, numerous individual articles for diverse publications, including Mad Magazine (“The Night People vs. Creeping Meatballism”, March/April 1957), and introductions for books such as The America of George Ade, American Snapshots, and the 1970 reprint of the 1929 Johnson Smith Catalogue.[7][8]

When Eugene B. Bergmann’s Excelsior, You Fathead! The Art and Enigma of Jean Shepherd was published in 2005, Publishers Weekly reviewed:

This prismatic portrait affirms Shepherd’s position as one of the 20th century’s great humorists. Railing against conformity, he forged a unique personal bond with his loyal listeners, who participated in his legendary literary prank by asking bookstores for the nonexistent novel I, Libertine (when publisher Ian Ballantine had Shepherd, author Theodore Sturgeon, and illustrator Frank Kelly Freas make the fake real, PW called it “the hoax that became a book”). Storyteller Shepherd’s grand theme was life itself… Novelist Bergmann (Rio Amazonas) interviewed 32 people who knew Shepherd or were influenced by him and listened to hundreds of broadcast tapes, inserting transcripts of Shepherd’s own words into a “biographical framework” of exhaustive research.[9]

 Television and films

Early in his career, Shepherd had a television program in Cincinnati called Rear Bumper.[2] He claimed that he was recommended to replace the resigning Steve Allen on NBC’s Tonight Show. Shepherd was reportedly brought to New York City by NBC executives to prepare for the position, but they were contractually bound to first offer it to Jack Paar. The network was certain Paar would hold out for a role in prime time, but he accepted the late-night assignment. However, he did not assume the position permanently until Shepherd and Ernie Kovacs had co-hosted the show.

In 1960 he did a weekly television show on WOR in New York, but it did not last long. Between 1971 and 1994, Shepherd became a screenwriter of note, writing and producing numerous works for both television and cinema. He was the writer and narrator of the show Jean Shepherd’s America, produced by Boston Public Television station WGBH in which he told his famous narratives, visited unusual locales, and interviewed local people of interest. He used a somewhat similar format for the New Jersey Network TV show Shepherd’s Pie. On many of the Public TV shows he wrote, directed and edited entire shows.[citation needed]

He also wrote and narrated many works, the most famous being the feature film A Christmas Story, which is now considered a holiday classic. In the film, Shepherd provides the voice of the adult Ralph Parker. He also has a cameo role playing a man in line at the department store waiting for Santa Claus. Much to Ralphie’s chagrin, he points out to him that the end of the line is much further away.

Ten years later, Shepherd and director Bob Clark returned to the same working-class Cleveland neighborhood to film a sequel, It Runs In The Family (later known as My Summer Story) released by MGM in 1994, with an entirely different cast from the previous film. The PBS series American Playhouse aired a series of television movies based on Shepherd stories, also featuring the Parker family. These included Ollie Hopnoodle’s Haven of Bliss, The Star-Crossed Romance of Josephine Cosnowski, The Great American Fourth of July and Other Disasters,[10] and The Phantom of the Open Hearth.[11]

Live performances and recordings

On Saturday nights for several years, Shepherd broadcast his WOR radio program live from the Limelight Cafe in New York City’s Greenwich Village, and he also performed at many colleges nationwide. His live shows were a perennial favorite[citation needed] at Rutgers to wildly enthusiastic standing room only crowds, and Fairleigh Dickinson Universities (he often referred to the latter as “Fairly Ridiculous University” on his WOR show). He performed at Princeton University annually for 30 years, until 1996. He performed before sold-out audiences at Carnegie Hall and Town Hall. He was also emcee for several important jazz concerts in the late 1950s. Shepherd improvised spoken word narration for the title track on jazz musician Charles Mingus’s 1957 album The Clown. Eight record albums of live and studio performances of Shepherd were released between 1955 and 1975. In 1994, Shepherd recorded the opening narration and the voice of the Audio-Animatronics “Father” character for the updated Carousel of Progress attraction at Walt Disney World Magic Kingdom, still heard today.

Music

On some of his broadcasts he played parts of recordings of such novelty songs as “The Bear Missed the Train” (a parody of the Yiddish ballad “Bei Mir Bist Du Schoen”) and “The Sheik of Araby”. Sometimes Shepherd would accompany the recordings by playing the Jew’s harp, nose flute, or kazoo, and occasionally even by thumping his knuckles on his head.

The theme song of his show was “The Bahn Frei Polka” by Eduard Strauss. The particular version he used was a 1958 recording by Arthur Fiedler and the Boston Pops.

 Ham radio

Shepherd held the ham radio call signs W9QWN (2907 Cleveland St., Hammond, Ind.) and later K2ORS (New York). A 1938 W9QWN QSL card shows him signing the name (handle) “Shep”. This is also confirmed from an early log book. He was very active on ham radio until his death. He is listed in the 1962 Amateur Radio Callbook as K2ORS, 1307 Avenue of the Americas, New York, N.Y.

For a number of years, while married to Lois Nettleton, his address was 340 East 57th Street in New York City. His last residence in NYC was on West 10th Street in Greenwich Village, where he lived for many years. He is also credited as the voice for the ARRL’s tape series Tune In the World with Ham Radio. This series of tapes helped many young people become ham radio operators.

 Marriages, children and death

Jean Shepherd was married four times. A brief first marriage, about which virtually nothing is known, has been confirmed by Shepherd’s son, Randall and by Shepherd’s third wife, Lois Nettleton.

  • Joan Laverne Warner: September 9, 1950 – 1957 (divorced)
    • Son: Randall Shepherd born 1951
    • Daughter: Adrien Shepherd born December 16, 1957.
  • Lois Nettleton: December 3, 1960 – 1967 (divorced)[12]
  • Leigh Brown: March 2, 1977 – July 16, 1998 (her death)

Shepherd spent his final years in relative seclusion on Sanibel Island, Florida, with his wife Leigh Brown. She was also his producer at WOR, and played many roles in his varied career. As Shepherd attained a rotund figure in his later years, Leigh would refer to him as “ma pamplemousse,” or, “my grapefruit.” He died on Sanibel Island in 1999 of “natural causes.”

Fact and fiction

It is unknown to what extent Shepherd’s radio and published stories were fact, fiction or a combination of the two. The childhood friends included in many of his stories were people he claimed to have invented, yet high school yearbooks confirm that many of them did exist. His father was a cashier at the Borden Milk Company. Shepherd always referred to him as “my old man.” During an interview on the Long John Nebel Show—an all-night radio program that ran on WOR starting at midnight—Shepherd once claimed that his real father was a cartoonist along the lines of Herblock, and that he inherited his skills at line drawings. This may well have not been true but Shepherd’s ink drawings do adorn some of his published writings, and a number of previously unknown ones were sold on eBay from his former wife Lois Nettleton’s collection after her death in 2008.

The 1930 Federal Census Record for Hammond, Indiana indicates that Jean’s father did work for a dairy company. His actual occupation reads “cashier.” The 1930 census record (which misspells the last name as “Shephard” when searching) lists the following family members: Jean Shepherd, age 30, head; Anna Shepherd, age 30, wife; Jean Shepherd, Jr, age 8, son; and Randall Shepherd, age 6, son. According to this record, Jean Sr, Anna, Jean Jr, and Randall were all born in Illinois. Jean, Sr’s parents were born in Kansas. Ann’s parents were born in Germany.

Jean Shepherd had two children, a son Randall and a daughter Adrien, but publicly denied this. Randall Shepherd describes his father as having frequently come home late or not at all. Randall had almost no contact with him after his parents’ divorce.[13]

Legacy

Shepherd’s life and multimedia career are examined in the 2005 book Excelsior, You Fathead! The Art and Enigma of Jean Shepherd by Eugene B. Bergmann (ISBN 0-55783-600-0).

Shepherd’s oral narrative style was a precursor to that used by Spalding Gray and Garrison Keillor. Marshall McLuhan in Understanding Media wrote that Shepherd “regards radio as a new medium for a new kind of novel that he writes nightly.” In the “Seinfeld Season 6″ DVD set, commenting on the episode titled “The Gymnast” Jerry Seinfeld says “He really formed my entire comedic sensibility—I learned how to do comedy from Jean Shepherd.” Furthermore, the first name of Seinfeld’s third child is “Shepherd.” On January 23, 2012 the Paley Center for Media (formerly The Museum of Television and Radio) presented a tribute to Jean Shepherd. Jerry Seinfeld was interviewed for the hour and discussed how Shepherd and he had similar ways of humorously discussing minor incidents in life. He confirmed the importance of Shepherd on his career.

Shepherd was an influence on Bill Griffith’s Zippy comic strip, as Griffith noted in his strip for January 9, 2000. Griffith explained, “The inspiration—just plucking random memories from my childhood, as I’m wont to do in my Sunday strip (also a way to expand beyond Zippy)–and Shep was a big part of them”.[14]

In an interview with New York magazine, Steely Dan’s Donald Fagen says that the eponymous figure from his solo album The Nightfly was based on Jean Shepherd.

Though he primarily spent his radio career playing music, New York Top 40 DJ legend Dan Ingram has acknowledged Shepherd’s style as an influence.

An article he wrote for the March–April 1957 issue of MAD magazine, “The Night People vs Creeping Meatballism”, described the differences between what he considered to be “day people” (conformists) and “night people” (non-conformists). In the opening credits of John Cassavetes’ 1959 film Shadows the credits read “Presented by Jean Shepherd’s Night People”.

In 2005, Shepherd was posthumously inducted into the National Radio Hall of Fame.

The Community Center in Hammond, Indiana is named after him.

Watch

  • Jean Shepherd in Clinton, New Jersey, in 1977.
  • Jean Shepherd in Boston’s Fenway Park discussing his childhood vis-a-vis baseball, October 14, 1969

Listen to

  • Jean Shepherd’s radio shows from the 50s, 60s and 70s at archive.org
  • http://www.live365.com/stations/wxrb?site=pro — The Jean Shepherd Show rebroadcasts are also heard every Sunday night at 11:00 p.m./Eastern on WXRB (95.1 FM/Dudley–Webster, MA)
  • The Brass Figlagee — Nightly podcast of Jean Shepherd shows
  • Jean Shepherd Reads Poems of Robert Service (1975) at Smithsonian Folkways
  • Insomnia Theater — Free 24 x 7 stream of Jean Shepherd shows
  • Shep-A-Day — What was Jean Shepherd talking about on this day in history? Podcast updated daily
  • Shepherd describes how his father personally lost a White Sox game — The voice of the father in Walt Disney’s Carousel of Progress

 Bibliography

  • I, Libertine (1956, co-written by Theodore Sturgeon as “Frederick R. Ewing”)
  • The America of George Ade (1960, edited and introduced by Jean Shepherd)
  • In God We Trust, All Others Pay Cash (1966)
  • Wanda Hickey’s Night of Golden Memories: And Other Disasters (1971)
  • The Ferrari in the Bedroom (1972)
  • The Phantom of the Open Hearth (1978)
  • A Fistful of Fig Newtons (1981)
  • A Christmas Story (2003, posthumously)

Filmography

  • America, Inc. NET Playhouse (1970) (TV)
  • Jean Shepherd’s America (1971) (TV)
  • No Whistles, Bells, or Bedlam (1972) (Rochester Institute of Technology) http://www.imdb.com/title/tt0307234/
  • The Phantom of the Open Hearth (1976) (TV)
  • The Great American Fourth of July and Other Disasters (1982) (TV)
  • The Star-Crossed Romance of Josephine Cosnowski (1983) (TV)
  • A Christmas Story (1983)
  • The Great American Road-Racing Festival (1985) (TV)
  • Ollie Hopnoodle’s Haven of Bliss (1988) (TV)
  • My Summer Story (aka It Runs in the Family) (1994)

See also

References

  1. ^ Clavin, Jim (2007). “Who Is Jean Shepherd?”. Flick Lives!. http://www.flicklives.com/Misc/who_is.htm. Retrieved 2007-11-09.
  2. ^ a b c d “Famous Hammond Personalities: Jean Shepherd”. HammondIndiana.com. http://www.hammondindiana.com/personalities.htm. Retrieved 2006-11-26.
  3. ^ Phillips, McCandlish (August 13, 1956). “400 Hold A Wake For Radio Cult”. The New York Times. http://www.flicklives.com/Articles/articles.asp?ID=19560813A. Retrieved 2007-11-09.
  4. ^ Wilcock, John (August 1, 1956). “The Book That Wasn’t”. The Village Voice. http://www.flicklives.com/Articles/articles.asp?ID=19560801Ab. Retrieved 2007-11-09.
  5. ^ Tricked You: Great Literary Hoaxes Good Reading magazine June 2008 Pg 22
  6. ^ Ramirez, Anthony (October 17, 1999). “Jean Shepherd, a Raconteur Of the Radio, Dies in Florida”. New York Times. http://query.nytimes.com/gst/fullpage.html?res=9801E3DA1639F934A25753C1A96F958260&sec=&spon=&partner=permalink&exprod=permalink. Retrieved 2008-12-25.
  7. ^ Excelsior, you fathead!: the art and enigma of Jean Shepherd, Eugene B. Bergmann, Hal Leonard Corporation, 2005, 495 pages, p. 333-4, ISBN 978-1-55783-600-7 via Google Books
  8. ^ Shep Bibliography: The Works and Career of Jean Shepherd, Jim Sadur and Joe Berg, 1998–2004, keyflux.com, retrieved March 30, 2010
  9. ^ Publishers Weekly, vol. 252, no. 4 (2005), p. 233.
  10. ^ The Great American Fourth of July and Other Disasters at IMDB”. http://imdb.com/title/tt0084022/.
  11. ^ The Phantom of the Open Hearth at IMDB”. http://imdb.com/title/tt0202527/.
  12. ^ http://www.imdb.com/name/nm0626728/bio
  13. ^ Shepherd, Randall (2006). “One More Hat on a Man”. Shep’s vast file of dynamic trivia: People in Shep’s Life. Jim Clavin. http://www.flicklives.com/people/randall.htm. Retrieved 2007-03-04.
  14. ^ Flick Lives: “Zippy”

 External links

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Theodore Roosevelt — Videos

Posted on March 10, 2013. Filed under: American History, Banking, Blogroll, College, Communications, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, history, History of Economic Thought, Inflation, Law, liberty, Life, Macroeconomics, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Rants, Raves, Security, Tax Policy, Technology, Wealth, Wisdom | Tags: , , , , , , , , , , |

theodore-roosevelt-color

Teddy Roosevelt: An American Lion

President Theodore Roosevelt Biography

The Century: America’s Time – The Beginning: Seeds of Change

The Century: America’s Time – 1914-1919: Shell Shock

The Century: America’s Time – 1920-1929 Boom to Bust

The Century, America’s Time: Seeds Of Change (1 of 3)

The Century, America’s Time: Seeds Of Change (2 of 3)

The Century, America’s Time: Seeds Of Change (3 of 3)

Judge Napolitano on How Teddy Roosevelt and Woodrow Wilson Destroyed Constitutional Freedom

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Microsoft Surface Pro — Videos

Posted on March 4, 2013. Filed under: Blogroll, Business, Communications, Computers, liberty, Life, People, Raves, Tablet, Technology, Video, Wisdom | Tags: , , |

microsoft-surface-pro

microsoft_surface_pro

Surface Pro Commercial “The Vibe”

Microsoft Surface Pro Celebration

Microsoft’s Surface Pro Sets the Bar for the Competition – Breaking Analysis

Microsoft Surface Pro aims to replace your laptop

Microsoft Surface Pro Digitally Digested Review

Microsoft Surface Pro Review

Business Computing Weekly # 388: Microsoft Surface Pro

Microsoft Surface Pro Review

Microsoft Surface pro Class style Note Taking with pen demo

Surface Pro vs Samsung Series 7 Tablet

Microsoft Surface Pro vs Lenovo ThinkPad Tablet 2 Comparison Smackdown

Surface Pro Hands-On

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Jim Rogers On Federal Reserve Chairman Ben Bernanke–Videos

Posted on February 27, 2013. Filed under: Blogroll, Politics, Video, Technology, Taxes, Raves, Economics, Links, War, People, Life, Investments, Education, Employment, Law, Wisdom, liberty, government spending, Federal Government, College, Business, American History, European History, Inflation, Unemployment, Tax Policy, Federal Government Budget, Weather, Water | Tags: , , , |

jim-rogers

Jim Rogers On Federal Reserve Chairman Ben Bernanke

Jim Rogers On What The US Economy Will Look Like In 5 Years

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Too Big To Fail–Financiang The Federal Government–Videos

Posted on February 27, 2013. Filed under: American History, Banking, Blogroll, College, Communications, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, Foreign Policy, government, government spending, history, Inflation, Investments, Language, Law, liberty, Life, Links, Macroeconomics, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Psychology, Rants, Raves, Tax Policy, Taxes, Technology, Unemployment, Video, War, Wealth, Wisdom | Tags: , |

Too-Big-Pig-to-Fail-Morin-Miami-Herald

Elizabeth Warren Grills Ben Bernanke on ‘Too Big to Fail’

Judge Napolitano Praises Elizabeth Warren for Taking on Ben Bernanke Over ‘Too big To Fail”

Bachmann Questions Federal Reserve Chairman Ben Bernanke

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All Governments Lie–The Coming Collapse of United States Economy — Videos

Posted on February 23, 2013. Filed under: Agriculture, American History, Blogroll, Books, Business, College, Communications, Crime, Demographics, Diasters, Economics, Education, Employment, Farming, Federal Government Budget, Fiscal Policy, Foreign Policy, government, government spending, history, Inflation, Investments, Law, liberty, Life, Links, media, Oil, People, Philosophy, Politics, Psychology, Raves, Resources, Tax Policy, Taxes, Technology, Transportation, Unemployment, Unions, Video, War, Water, Wealth, Wisdom | Tags: , , , , |

not-a-recession-yet

Jim Rogers Fed’s Money Printing – Coming Economic Collapse

 

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President Obama and Jack Lew Are Lying About Whose Idea The Sequester Was–So Says Washington Post’s Bob Woodward–The Sequester is Stupid–Stupid Is As Stupid Does–Obamaquester — Videos

Posted on February 23, 2013. Filed under: American History, Blogroll, Business, College, Communications, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, history, Law, liberty, Life, Links, Macroeconomics, media, People, Philosophy, Politics, Rants, Raves, Talk Radio, Tax Policy, Technology, Unemployment, Video, Wisdom | Tags: , , , , , , , |

bob_woodward

the-price-of-politics

sequestration

stupid

obama_debt

fiscal_year_2013_budget

2013%20sequester%20impact

budget-control-act-680

verochart

how_congress_spends_your_money

Total Federal Government Debt in 2013

At the end of FY 2013 the gross US federal government debt is expected to be 17.548 trillion dollars. Of this gross amount, debt “Held by the Public” amounts to 10.560 trillion dollars and debt “Held by Federal Government Accounts” amounts to 4.911 trillion dollars.

total_debt_total_debt

Projected and Recent US Federal Debt Numbers

Fiscal Year Gross Federal Debt Debt Held by Public Debt Held by Federal Reserve
FY 2013* $17.5 trillion $10.6 trillion $2.1 trillion
FY 2012* $16.4 trillion $9.7 trillion $1.9 trillion
FY 2011 $14.8 trillion $8.5 trillion $1.7 trillion
FY 2010 $13.5 trillion $8.2 trillion $0.8 trillion
FY 2009 $11.9 trillion $6.8 trillion $0.8 trillion
FY 2008 $10.0 trillion $5.3 trillion $0.5 trillion

“Gross Federal Debt” is the total debt owed by the United States federal government.\

It comprises “Debt Held by Public”, including foreign governments, debt held by federal government accounts such as IOUs owed to the Social Security trust fund, and “Debt held by Federal Reserve,” debt bought by the Federal Reserve System as part of the monetary base.

Total Government Debt since 1900

At the beginning of the 20th century total government debt was equally divided between federal and state and local debt, totaling less than 20 percent of GDP.  After World War I, the federal debt surged to 35% of GDP.  But by the mid 1920s federal debt had declined to below 20 percent of GDP with state and local debt rising to 16 percent of GDP.

Then came the Great Depression, and President Roosevelt decided to spend his way out of trouble, boosting federal debt to 40 percent of GDP.  So did the local governments, with state debt peaking at over 5 percent of GDP in 1933 and local debt peaking at over 28 percent in 1933. Government debt, including federal and state and local debt rose to 70 percent of GDP.

But it was in World War II that the US really entered new debt territory.  Starting at 45 percent of GDP in 1941 federal debt zoomed, reaching almost 122 percent of GDP in 1946 after the end of the war, with state and local debt adding another 7 percent.  For the next 35 years successive governments brought down the debt, but then came President Reagan.  He increased the federal debt up over 50 percent of GDP to win the Cold War.  President Bush increased the debt to fight a war on terror and bail out the banks. President Obama is increasing the debt to fund a plan to revive the economy in the aftermath of the Crash of 2008.

Gross Public Debt-State, Gross Public Debt-Local, Gross Public Debt-Federal

usgs_chart4p03

 Gross Public Debt-State, Gross Public Debt-Local, Gross Public Debt-Federal

Total US Government Debt in 2013

At the end of FY 2013 the total government debt in the United States, including federal, state, and local, is expected to be 20.541 trillion dollars.

total_debt_total_debt

http://www.usgovernmentdebt.us/

Bob Woodward Tears Into Obama: ‘Madness That I Haven’t Seen In A Long Time’

Bernanke Warns Sequester Could Slow Economic Recovery

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POTUS’ Sequester Should Be Replaced w/Cuts & Reforms Leading to a Balanced

Boehner to Obama: You Built the Sequester – WSJ Opinion

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What If the National Debt Were Your Debt?

Funding Government by the Minute

What Are the Dangers of Too Much Debt?

Don’t let him lie to you: sequester was Obama’s idea – Woodward says so 

Bob Woodward on ‘The Price of Politics,’ Fiscal Fight 

Obama’s sequester deal-changer

By Bob Woodward, Published: February 22

Bob Woodward (woodwardb@washpost.com) is an associate editor of The Post. His latest book is “The Price of Politics.” Evelyn M. Duffy contributed to this column.

Misunderstanding, misstatements and all the classic contortions of partisan message management surround the sequester, the term for the $85 billion in ugly and largely irrational federal spending cuts set by law to begin Friday.

What is the non-budget wonk to make of this? Who is responsible? What really happened?

The finger-pointing began during the third presidential debate last fall, on Oct. 22, when President Obama blamed Congress. “The sequester is not something that I’ve proposed,” Obama said. “It is something that Congress has proposed.”

The White House chief of staff at the time, Jack Lew, who had been budget director during the negotiations that set up the sequester in 2011, backed up the president two days later.

There was an insistence on the part of Republicans in Congress for there to be some automatic trigger,” Lew said while campaigning in Florida. It “was very much rooted in the Republican congressional insistence that there be an automatic measure.”

The president and Lew had this wrong. My extensive reporting for my book “The Price of Politics” shows that the automatic spending cuts were initiated by the White House and were the brainchild of Lew and White House congressional relations chief Rob Nabors — probably the foremost experts on budget issues in the senior ranks of the federal government.

Obama personally approved of the plan for Lew and Nabors to propose the sequester to Senate Majority Leader Harry Reid (D-Nev.). They did so at 2:30 p.m. July 27, 2011, according to interviews with two senior White House aides who were directly involved.

Nabors has told others that they checked with the president before going to see Reid. A mandatory sequester was the only action-forcing mechanism they could devise. Nabors has said, “We didn’t actually think it would be that hard to convince them” — Reid and the Republicans — to adopt the sequester. “It really was the only thing we had. There was not a lot of other options left on the table.”

A majority of Republicans did vote for the Budget Control Act that summer, which included the sequester. Key Republican staffers said they didn’t even initially know what a sequester was — because the concept stemmed from the budget wars of the 1980s, when they were not in government.

At the Feb. 13 Senate Finance Committee hearing on Lew’s nomination to become Treasury secretary, Sen. Richard Burr (R-N.C.) asked Lew about the account in my book: “Woodward credits you with originating the plan for sequestration. Was he right or wrong?”

“It’s a little more complicated than that,” Lew responded, “and even in his account, it was a little more complicated than that. We were in a negotiation where the failure would have meant the default of the government of the United States.”

“Did you make the suggestion?” Burr asked.

“Well, what I did was said that with all other options closed, we needed to look for an option where we could agree on how to resolve our differences. And we went back to the 1984 plan that Senator [Phil] Gramm and Senator [Warren] Rudman worked on and said that that would be a basis for having a consequence that would be so unacceptable to everyone that we would be able to get action.”

In other words, yes.

But then Burr asked about the president’s statement during the presidential debate, that the Republicans originated it.

Lew, being a good lawyer and a loyal presidential adviser, then shifted to denial mode: “Senator, the demand for an enforcement mechanism was not something that the administration was pushing at that moment.”

That statement was not accurate.

On Tuesday, Obama appeared at the White House with a group of police officers and firefighters to denounce the sequester as a “meat-cleaver approach” that would jeopardize military readiness and investments in education, energy and readiness. He also said it would cost jobs. But, the president said, the substitute would have to include new revenue through tax reform.

At noon that same day, White House press secretary Jay Carney shifted position and accepted sequester paternity.

“The sequester was something that was discussed,” Carney said. Walking back the earlier statements, he added carefully, “and as has been reported, it was an idea that the White House put forward.”

This was an acknowledgment that the president and Lew had been wrong.

Why does this matter?

First, months of White House dissembling further eroded any semblance of trust between Obama and congressional Republicans. (The Republicans are by no means blameless and have had their own episodes of denial and bald-faced message management.)

Second, Lew testified during his confirmation hearing that the Republicans would not go along with new revenue in the portion of the deficit-reduction plan that became the sequester. Reinforcing Lew’s point, a senior White House official said Friday, “The sequester was an option we were forced to take because the Republicans would not do tax increases.”

In fact, the final deal reached between Vice President Biden and Senate Minority Leader Mitch McConnell (R-Ky.) in 2011 included an agreement that there would be no tax increases in the sequester in exchange for what the president was insisting on: an agreement that the nation’s debt ceiling would be increased for 18 months, so Obama would not have to go through another such negotiation in 2012, when he was running for reelection.

So when the president asks that a substitute for the sequester include not just spending cuts but also new revenue, he is moving the goal posts. His call for a balanced approach is reasonable, and he makes a strong case that those in the top income brackets could and should pay more. But that was not the deal he made.

Read more from PostOpinions: Bob Woodward: Time for our leaders to delegate on the budget Robert J. Samuelson: The lowdown on Lew Jennifer Rubin: Jack Lew’s truth problem Eugene Robinson: The sequester madness

http://www.washingtonpost.com/opinions/bob-woodward-obamas-sequester-deal-changer/2013/02/22/c0b65b5e-7ce1-11e2-9a75-dab0201670da_print.html

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Santa Obama’s $9 Minimum Wage: Good Propaganda, Bad Economics–Videos

Posted on February 19, 2013. Filed under: American History, Blogroll, Business, College, Communications, Demographics, Diasters, Economics, Education, Employment, Federal Government, Fiscal Policy, government spending, history, History of Economic Thought, Inflation, Law, liberty, Life, Links, Macroeconomics, media, Microeconomics, Narcissism, People, Philosophy, Politics, Psychology, Public Sector, Rants, Raves, Regulations, Resources, Talk Radio, Technology, Unemployment, Unions, Video | Tags: , , , , , , , , , , , , , |

Santa Obama’s $9 minimum wage: good propaganda, bad economics

By Raymond Thomas Pronk

Presidential economic policies like the proverbial “road to hell” are often paved with good intentions.

In his 2013 State of the Union address, President Barack Obama said:

“Even with the tax relief we’ve put in place, a family with two kids that earns the minimum wage still lives below the poverty line. That’s wrong. Tonight, let’s declare that in the wealthiest nation on Earth, no one who works full time should have to live in poverty and raise the federal minimum wage to $9 an hour. This single step would raise the incomes of millions of working families. It could mean the difference between groceries or the food bank; rent or eviction; scraping by or finally getting ahead. For businesses across the country, it would mean customers with more money in their pockets.”

Why not increase the minimum wage to $18 per hour and win America’s war on poverty?

What are the economic consequences or impact of a $9 minimum wage on young high school and college students seeking employment? A decidedly negative impact if economic history is any guide.

The large increase in teenage unemployment is partly driven by the increase in the minimum wage. When the minimum wage rate was increased in July 2008 from $5.85 to $6.55 there was an upward spike in the teenage unemployment rate to greater than 20 percent. When the minimum wage was again increased in July 2009 from $6.55 to its current rate of $7.25, there was another upward spike in the teenage unemployment rate to greater than 25 percent. This rising trend of upward spikes in teenage unemployment rates after an increase in the minimum wage is reflected in the following chart.

Unemployment rate or percent of 16-19 years from 1948 to present

             unemployment_rate_1948_present_16_19-years_edited           

Source: Bureau of Labor Statistics, Department of Labor

David Neumark, professor of economics at the University of California, Irvine and William L. Wascher, deputy director in the Division of Research and Statistics at the Federal Reserve Board, in their book, “Minimum Wages,” provide a comprehensive review of the evidence on the economic effects of minimum wage laws. They concluded that such laws reduce employment opportunities for less-skilled workers, tend to reduce their earnings and are not very effective in reducing poverty.

If Congress passes an increase in the minimum wage to $9 as proposed by Obama, young, inexperienced, low-skill workers, especially blacks and Hispanics, will again be hurt for they will not be hired by businesses who cannot afford to pay them the higher mandated minimum wage. This will be reflected in yet another spike upward in the teenage unemployment rate that might exceed 30 percent.

Furthermore, young American citizens, especially blacks and Hispanics, will face stiff competition from the more than 11 million illegal aliens who predominantly seek low-skilled jobs. Obama and progressives in both the Democratic and Republican parties want to grant these illegal aliens immediate legal status to work in the U.S.

Obama is repeating the past economic policy mistakes of progressive presidents from both political parties such as Hoover, Roosevelt, Truman, Johnson, Nixon, Carter and the Bushes in mandating higher than free market wage rates. These well-intentioned but massive government interventionist economic policies lead to prolonged depressions and recessions with high unemployment rates, especially for young, inexperienced, low skilled and minority workers.

Thirty years ago the black economist, Walter E. Williams, explored the effects of federal and state government intervention into the economy, including minimum wage laws, in the PBS documentary, Good Intentions, based upon his 1982 book, “The State Against Blacks.” Those favoring a rise in the federal minimum wage would be well advised to view this video together with “Milton Friedman on the Minimum Wage” on YouTube before advocating an increase in the minimum wage.

For young American citizens an entry-level job paying a lower competitive market wage rate is preferable to no job at a higher government mandated minimum wage.

Good intentions are not enough. Results measured in jobs created count.

Raymond Thomas Pronk is host of the Pronk Pops Show on KDUX web radio from 3-5 p.m. Fridays and author of the companion blog http://www.pronkpops.wordpress.com/

Digital Age-Why is Coolidge the Forgotten President?-Amity Shlaes

Sumner’s Explanation of The Forgotten Man – Revised for the 21st Century

Sumner’s Explanation of The Forgotten Man – Revised for the 21st
Century

By Joshua Lyons 9/25/09

As soon as A observes something which seems to him to be wrong,  from which X is suffering, A talks it over  with B, and A and B then propose to get a law passed – with the praise of Y – to remedy  the evil and help X.

Their law always proposes to determine  what C shall do for X or, in the better case,  what A, B and C shall do for  X.

As for A and B, who get a  law to make themselves do for X what they are willing to do for  him, we have nothing to say except that they might better have done it without  any law, but C is forced to comply with the new law.

All this  is done while Y looks on with glee and proclaims that  A and B are so good for helping poor  X.

A is the  politician
B is the humanitarian, special interest, do-gooder, reformer, social speculator, etc.
C is The Forgotten Man (i.e. you, me, us)
X is the downtrodden, the oppressed, the little guy, the misunderstood, etc.
Y is the Mainstream Media

In other words…
As soon as THE POLITICIAN observes something which seems to him to be wrong, from which THE DOWNTRODDEN is suffering, THE POLITICIAN talks it over with THE HUMANITARIAN, and THE POLITICIAN and THE HUMANITARIAN then propose to get a law passed – with the praise of THE MAINSTREAM MEDIA – to remedy the evil and help THE DOWNTRODDEN.

Their law always proposes to determine what THE FORGOTTEN MAN shall do for THE DOWNTRODDEN or, in the
better case, what THE POLITICIAN, THE HUMANITARIAN and THE FORGOTTEN MAN shall do for THE DOWNTRODDEN.

As for THE POLITICIAN and THE HUMANITARIAN, who get a law to make themselves do for THE DOWNTRODDEN what they are willing to do for him, we have
nothing to say except that they might better have done it without any law, but THE FORGOTTEN MAN is forced to comply with the new law.

All this is done while THE MAINSTREAM MEDIA looks on with glee and proclaims that THE POLITICIAN and THE HUMANITARIAN are so good for helping poor THE DOWNTRODDEN.

The preceding commentary was based on William Graham Sumner’s explanation of The Forgotten Man.

http://forgottenmenblog.blogspot.com/2009/09/sumners-explanation-of-forgotten-man.html

MinimumWage

food-stamps-minimum-wage-graph-1970-2010-no-population

The Truth about the Minimum Wage

Obama: “Raise Minimum Wage to $9 an Hour” – SOTU 2013

More on Minimum Wage

Obama’s $9/Hour SOTU Minimum Wage 

 Milton Friedman on Minimum Wage

Power of the Market – Minimum Wage

Williams with Sowell – Minimum Wage

The Job-Killing Impact of Minimum Wage Laws

“Good Intentions” by Dr. Walter Williams

Dr. Walter Williams’ 1982 PBS documentary “Good Intentions” based on his book, “The State Against Blacks”. The documentary was very controversial at the time it was released and led to many animosities and even threats of murder.

In “Good Intentions”, Dr. Williams examines the failure of the war on poverty and the devastating effect of well meaning government policies on blacks asserting that the state harms people in the U.S. more than it helps them. He shows how government anti-poverty programs have often locked people into poverty making the points that:

- being forced to attend 3rd rate public schools leave students unprepared for working life
- minimum wages prevent young people from obtaining jobs at an early age
- licensing and labor laws have had the effect of restricting entrance of blacks into the skilled trades and unions
- the welfare system creates perverse incentives for the poor to make bad choices they otherwise would not

Dr. Williams presents the following solutions to these problems:

Failing Public Schools – Give parents greater control over their children’s education by setting up a tuition tax credit or voucher system to broaden competition in turn revitalizing both public and non-public schools

Minimum Wages – Remove the minimum wage from youngsters to give more young people the chance to learn the world of work at an early age instead spending their free time idle an possibly falling into the habits of the street

Restrictive Labor Laws, Jobs Programs – Eliminate government roadblocks that prevent new entrepreneurs from starting their own business

Welfare Programs – Enact a compassionate welfare system such as a negative income tax which would remove dependency and dis-incentives for the poor to get themselves out of poverty

Scholars interviewed in the documentary include Donald Eberle, Charles Murray, and George Gilder.

Good Intentions 1 of 3 Introduction and Public Schools with Walter Williams

Good Intentions 2 of 3 Minimum Wage, Licensing, and Labor Laws with Walter

Good Intentions 3 of 3 The Welfare System and Conclusions with Walter Williams 

Government Intervention and Individual Freedom | Walter Williams

Obama: “Time to Pass Immigration Reform” – State of the Union 2013 

Contrasting Views of the Great Depression | Robert P. Murphy

 

Why You’ve Never Heard of the Great Depression of 1920 | Thomas E. Woods, Jr.

Uncommon Knowledge: The Great Depression with Amity Shlaes

Calvin Coolidge: The Best President You’ve Never Heard Of – Amity Shlaes

Amity Shlaes, Author, “Coolidge”

Keep Cool With Coolidge, Not Obama: Obama Reveals His True Hatred of Business

Obama Wants $9 Minimum Wage…

 

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Obama’s Kill List–Drones–Remotely Piloted Aircraft–RPAs–Killing Machines–We Don’t Torture Terrorists–We Kill Americans, Civilians and Children in Undeclared Wars–Obama is Judge, Jury, and Executioner–Hope, Change, and Murder, Inc.–The Mass Murderer In The White House–Videos

Posted on February 14, 2013. Filed under: Blogroll, Politics, Video, Technology, Raves, Links, War, People, Life, Investments, Regulations, Talk Radio, Strategy, Communications, Law, Programming, Philosophy, Foreign Policy, Wisdom, liberty, Crime, government spending, Psychology, history, Language, government, Federal Government, Transportation, Narcissism, American History, Diasters, Weapons, Drones | Tags: , , , , , , , , , |

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Obama Drone Strikes Are ‘Mass Murder’ – Jeremy Scahill 

Drone Strikes Kill Numerous Civilians – Report

“Thousands Of Innocent People Have Been Killed Under These Drone Attacks!”

Gerald Celente on Farrakhan “Murderer in The White House” comment “Call These People What They Are”

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Judge Napolitano on Government Killing Americans

Who Said You Can Kill Americans Mister President?

Obama’s kill list revealed

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DOJ Drone Memo: If Bush Attempted This Policy, Democrats Would’ve Called

DOJ White Paper on Drone Memo

http://msnbcmedia.msn.com/i/msnbc/sections/news/020413_DOJ_White_Paper.pdf

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Obama Kill List Exposed: Leaked Drone Memo; Assassination of U.S. Citizens

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Attack of the Drones – USA

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Pentagon drones flying domestic; declaring war on your privacy?

Congress launches ‘Attack of the drones’

By Michael Isikoff National Investigative Correspondent, NBC News

A confidential Justice Department memo concludes that the U.S. government can order the killing of American citizens if they are believed to be “senior operational leaders” of al-Qaida or “an associated force” — even if there is no intelligence indicating they are engaged in an active plot to attack the U.S.

The 16-page memo, a copy of which was obtained by NBC News, provides new details about the legal reasoning behind one of the Obama administration’s most secretive and controversial polices: its dramatically increased use of drone strikes against al-Qaida suspects abroad, including those aimed at American citizens, such as the  September 2011 strike in Yemen that killed alleged al-Qaida operatives Anwar al-Awlaki and Samir Khan. Both were U.S. citizens who had never been indicted by the U.S. government nor charged with any crimes.

The secrecy surrounding such strikes is fast emerging as a central issue in this week’s hearing of White House counterterrorism adviser John Brennan, a key architect of the drone campaign, to be CIA director.  Brennan was the first administration official to publicly acknowledge drone strikes in a speech last year, calling them “consistent with the inherent right of self-defense.” In a separate talk at the Northwestern University Law School in March, Attorney General Eric Holder specifically endorsed the constitutionality of targeted killings of Americans, saying they could be justified if government officials determine the target poses  “an imminent threat of violent attack.”


But the confidential Justice Department “white paper” introduces a more expansive definition of self-defense or imminent attack than described  by Brennan or Holder in their public speeches.  It refers, for example, to what it calls a “broader concept of imminence” than actual intelligence about any ongoing plot against the U.S. homeland.

Michael Isikoff, national investigative correspondent for NBC News, talks with Rachel Maddow about a newly obtained, confidential Department of Justice white paper that hints at the details of a secret White House memo that explains the legal justifications for targeted drone strikes that kill Americans without trial in the name of national security.

“The condition that an operational  leader present an ‘imminent’ threat of violent attack against the United States does not require the United States to have clear evidence that a specific attack on U.S. persons and interests will take place in the immediate future,” the memo states.

Read the entire ‘white paper’ on drone strikes on Americans

Instead, it says,  an “informed, high-level” official of the U.S. government may determine that the targeted American  has been “recently” involved in “activities” posing a threat of a violent attack and “there is  no evidence suggesting that he has renounced or abandoned such activities.” The memo does not define “recently” or “activities.”

As in Holder’s speech, the confidential memo lays out a three-part test that would make targeted killings of American lawful:  In addition to the suspect being an imminent threat, capture of the target must be “infeasible, and the strike must be conducted according to “law of war principles.” But the memo elaborates on some of these factors in ways that go beyond what the attorney general said publicly. For example, it states that U.S. officials may consider whether an attempted capture of a suspect  would pose an “undue risk” to U.S. personnel involved in such an operation. If so, U.S. officials could determine that the capture operation of the targeted American would not be feasible, making it lawful for the U.S. government to order a killing instead, the memo concludes.

The undated memo is entitled “Lawfulness of a Lethal Operation Directed Against a U.S. Citizen who is a Senior Operational Leader of Al Qa’ida or An Associated Force.”  It was provided to members of the Senate Intelligence and Judiciary committees in June by administration officials on the condition that it be kept confidential and  not discussed publicly.

Although not an official legal memo, the white paper was represented by administration  officials as a policy document that closely mirrors the arguments of classified memos on targeted killings by the Justice Department’s  Office of Legal Counsel, which provides authoritative legal advice to the president and all executive branch agencies. The administration has refused to turn over to Congress or release those memos publicly — or even publicly confirm their existence. A source with access to the white paper, which is not classified, provided a copy to NBC News.

“This is a chilling document,” said Jameel Jaffer, deputy legal director of the ACLU, which is suing to obtain administration memos about the targeted killing of Americans.  “Basically, it argues that the government has the right to carry out the extrajudicial killing of an American citizen. … It recognizes some limits on the authority it sets out, but the limits are elastic and vaguely defined, and it’s easy to see how they could be manipulated.”

In particular, Jaffer said, the memo “redefines the word imminence in a way that deprives the word of its ordinary meaning.”

A Justice Department spokeswoman declined to comment on the white paper. The spokeswoman, Tracy Schmaler, instead pointed to public speeches by what she called a “parade” of administration officials, including Brennan, Holder, former State Department Legal Adviser Harold Koh and former Defense Department General Counsel Jeh Johnson that she said outlined the “legal framework” for such operations.

Pressure for turning over the Justice Department memos on targeted killings of Americans appears to be building on Capitol Hill amid signs that Brennan will be grilled on the subject at his confirmation hearing before the Senate Intelligence Committee on Thursday.

On Monday, a bipartisan group of 11 senators — led by Democrat Ron Wyden of Oregon — wrote  a letter to President Barack Obama asking him to release all Justice Department memos on the subject. While accepting that “there will clearly be circumstances in which the president has the authority to use lethal force” against Americans who take up arms against the country,  it said, “It is vitally important … for Congress and the American public to have a full understanding of how  the executive branch interprets the limits and boundaries of this authority.”

Anticipating domestic boom, colleges rev up drone piloting programs

The completeness of the administration’s public accounts of its legal arguments was also sharply criticized last month by U.S. Judge Colleen McMahon in response to a  lawsuit brought by the New York Times and the ACLU seeking access to the Justice Department memos on drone strikes targeting Americans under the Freedom of Information Act.  McMahon, describing herself as being caught in a “veritable Catch-22,”  said she was unable to order the release of the documents given “the thicket of laws and precedents that effectively allow the executive branch of our government to proclaim as perfectly lawful certain actions that seem on their face incompatible with our Constitution and laws while keeping the reasons for the conclusion a secret.”

In her ruling, McMahon noted that administration officials “had engaged in public discussion of the legality of targeted killing, even of citizens.” But, she wrote, they have done so “in cryptic and imprecise ways, generally without citing … any statute or court decision that justifies its conclusions.”

In one passage in Holder’s speech at Northwestern in March,  he alluded – without spelling out—that there might be circumstances where the president might order attacks against American citizens without specific knowledge of when or where an attack against the U.S. might take place.

“The Constitution does not  require the president to delay action until some theoretical end-stage of planning, when the precise time, place and manner of an attack become clear,”  he said.

But his speech did not contain the additional language in the white paper suggesting that no active intelligence about a specific attack is needed to justify a targeted strike. Similarly, Holder said in his speech that targeted killings of Americans can be justified  if “capture is not feasible.” But he did not include language in the white paper saying that an operation might not be feasible “if it could not be physically effectuated during the relevant window of opportunity or if the relevant country (where the target is located) were to decline to consent to a capture operation.” The speech also made no reference to the risk that might be posed to U.S. forces seeking to capture a target, as was  mentioned in the white paper.

The white paper also includes a more extensive discussion of why targeted strikes against Americans does not violate constitutional protections afforded American citizens as well as   a U.S. law that criminalizes the killing of U.S. nationals overseas.

It  also discusses why such targeted killings would not be a war crime or violate a U.S. executive order banning assassinations.

“A lawful killing in self-defense is not an assassination,” the white paper reads. “In the Department’s view, a lethal operation conducted against a U.S. citizen whose conduct poses an imminent threat of violent attack against the United States would be a legitimate act of national self-defense that would not violate the assassination ban. Similarly,  the use of lethal force, consistent with the laws of war, against an individual who is a legitimate military target would be lawful and would not violate the assassination ban.”

Ask the experts: Drones

By Sydney Sarachan
“…How precise are drone attacks?RC: Pretty precise is my understanding.  If you think about it, a drone pilot first sits outside of a structure doing surveillance for a long time.  Upon getting the order, he or she delivers the missile from relatively nearby.  That is why some experts (for instance, American University’s Kenneth Anderson) argue that drones strikes may be more consistent with limits on collateral damage. It may also explain higher observed rates of PTSD (Post-Traumatic Stress Disorder) in drone pilots. Of course, even manned missile attacks are often preceded by on-the-ground reconnaissance that paints a specific target.CF: This depends upon the kind of drone attack. In Pakistan’s FATA (Federally Administered Tribal Areas) they are all intelligence-led (as opposed to “troops in contact”). On this, please see the other pieces I have written on this: Drone Wars  and Drones Over Pakistan – Menace or Best Viable Option?JF: Drones are extremely precise. The debate over their use has been whether they are accurate: whether they target the right people. In terms of precision, they do hit the targets we give them very consistently, we just don’t always know who that target is.RN: Since the answer to this question depends on how many civilians are killed or injured for each targeted “militant” who has been killed, it can’t be answered without answering the question of how many civilian casualties there have been.NW: Although missiles launched from drones may be more precise than some other weapons systems, they are known to have caused the deaths of hundreds of civilian bystanders.  The issue is less one of technical precision than it is the standards under which the U.S. government decides who may be targeted and how it protects civilian bystanders from death or injury, as it is required to do under international law.  Outside the context of armed conflict, the use of lethal force is illegal unless it is a last resort to avert a concrete, specific, and imminent threat.  Further, the government is obligated to take all feasible precautions to protect civilian bystanders from harm.  But those aren’t the standards that the government is using. The New York Times has reported that the U.S. “counts all military-age males in a strike zone as combatants unless there is explicit intelligence posthumously proving them innocent.”  Regardless of the theoretical precision of drone attacks, when the government uses such flawed reasoning it will inevitably cause civilian bystander deaths, in violation of international law. …”
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