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Story 1: US Economy Stagnating With Lowest Labor Participation in 38 Years of 62.4% With 94.6 Million Americans Not In Labor Force and 7.9 Unemployed and Only 142,000 Jobs Created In September — Recession in 2016? — Videos
U.S. economy gains 142,000 jobs in September
Does the weak jobs report take a Fed rate hike off the table?
The weak September jobs report and the markets
RETAIL APOCALYPSE CONTINUES SALES WORSE SINCE 2009
The last time September Retail Sales growth was this weak was 2009, limping aimlessly out of the ‘Great Recession’. With a mere 0.9% year-over-year growth, Johnson-Redbook data seems to confirm what Reuters reports is looming – the weakest U.S. holiday sales season for retailers since the recession. Consultancy firm AlixPartners expects sales to grow 2.8-3.4% during the November-December shopping period compared with 4.4% in 2014, based on analyzing consumer spending trends so far this year, noting (myth-busting for permabulls) dollars saved at the pump are being directed to personal savings or on non-retail activities.
Bursting Oil Bubble Could Put US Back in Recession
Commodities Report: October 2, 2015
Keep U.S. Jobs Numbers Volatility in Perspective: Krueger
Bad Jobs Report Prediction Understandable Says ‘Superforecasting’ Author
October 2, 2015 Financial News – Business News – Stock Exchange – NYSE – Market News
Gold Webcast – Gold climbs on weak US jobs report
Before the Asia Bell: October 2, 2015
Peter Schiff: Minimum Wage Will Result In Mass Unemployment & Self Service
MARC FABER – World Economy Grinding to a Halt. Don’t Trade With Leverage
Thom Hartmann “The Crash of 2016”
Keiser Report: Market Wasteland (E817)
The September Jobs Report in 11 Charts
By JOSH ZUMBRUN , NICK TIMIRAOS and ERIC MORATH
The U.S. economy added 142,000 jobs in September, but there’s more to the monthly jobs report than the number of jobs added. The report provides a wealth of information about the demographics of unemployment—about who is unemployed and why—summarized in the following 11 charts.
Over the past three months the economy has added jobs at the slowest pace since February 2014. Employers were adding an average of more than 200,000 jobs each month since the spring of last year, but now that pace has slowed.
Similarly, the annual pace of job creation has eased in recent months after peaking above three million late last year.
As a result of the weaker gains in August and September, job creation in 2015 has fallen well off last year’s pace. However, the economy is still on track to post the second-best year for employment growth in the past decade.
Every measure of unemployment is declining this year. The broadest gauge, which includes part-timers who would prefer full-time employment and Americans too discouraged to look for a job, fell to 10% last month. That’s the lowest rate since May 2008.
The median unemployed worker has been without a job for 11.4 weeks. That’s substantially shorter than during the first few years of this economic recovery, but still high by historical standards.
The number of Americans working full-time has finally returned to its prerecession levels, though this doesn’t account for an increase in the overall population.
The labor-force participation rate—that is, the share of the population either working or looking for work—declined to the lowest rate since 1977. The employment-to-population ratio, that is, the share of the population with a job, fell to 59.2% from 59.4%.
Much of the reason for the decline in the labor force is simply that a growing number of baby boomers are choosing to retire. Among workers ages 25 to 54, labor-force participation and employment rates are higher. Among this group of workers, dubbed prime-age by labor market economists, labor-force participation fell to 80.6% from 80.7% last month.
People can be unemployed for a range of reasons—whether it’s entering the job market for the first time; re-entering after going to school, starting a family or caring for a relative; quitting an old job with no new one lined up; or losing a job, either on a temporary layoff or permanently. As the recovery has progressed, the share of the unemployed who lost their previous job has declined. A growing share of the unemployed are new entrant or re-entrants to the work force.
College graduates have a significantly lower unemployment rate, which was unchanged at 2.5% this month. High-school dropouts have significantly higher unemployment, which climbed to 7.9% this month from 7.7%.
The unemployment rate has continued to come down for men, women, whites, blacks and Hispanics. The gaps in the unemployment rate between men and women have mostly closed, but significant gaps remain between racial groups.
Corrections & Amplifications
Monthly employment gains in 2015 have averaged 198,000. An earlier version of the chart “Slower, But Still Solid,” incorrectly showed an average gain of 221,000 jobs. Also, the number of Americans working full-time increased in September using a three-month moving average. An earlier version of the chart “Working Longer” included data for July, August and September that didn’t use the three-month average, while the post incorrectly suggested the number of full-time workers according to that measure had declined in September. (Oct. 2, 2015).
U.S. job growth stumbles, raising doubts on economy
U.S. employers slammed the brakes on hiring over the last two months, raising new doubts the economy is strong enough for the Federal Reserve to raise interest rates by the end of this year.
Payrolls outside of farming rose by 142,000 last month and August figures were revised sharply lower to show only 136,000 jobs added that month, the Labor Department said on Friday.
That marked the smallest two-month gain in employment in over a year and could fuel fears that the China-led global economic slowdown is sapping America’s strength.
“You can’t throw lipstick on this pig of a report,” said Brian Jacobsen, a portfolio strategist at Wells Fargo Funds Management in Menomonee Falls, Wisconsin.
The weak job growth took Wall Street by surprise and U.S. stocks sold off while the dollar also weakened and yields for government bonds fell.
Bets on interest rate futures showed investors only saw a 30 percent chance of a Fed rate hike in December, down from just under 50 percent before the job report’s release.
“(With) a weak report here, in combination with some of the other weakness that we are seeing across the globe, the odds get dinged for December,” said Tom Porcelli, an economist at RBC Capital Markets.
Investors saw virtually no chance the Fed would end its near-zero interest rate policy at its only other scheduled meeting this year, to be held later in October. Futures prices indicated investors were betting the Fed would probably hike in March.
U.S. factories are feeling the global chill and shed 9,000 jobs in September after losing 18,000 in August, according to the Labor Department’s survey of employers.
“We saw events in China lead to some global financial turmoil and you’re seeing that in the data here,” White House chief economist Jason Furman told Reuters.
New orders received by U.S. factories fell 1.7 percent in August, the Commerce Department said in a separate report..
Paul Ryan, a top Republican lawmaker in the House of Representatives, said the weak turn in the economy should be a wake-up call for Washington to reform the national economy with new tax laws, free trade agreements and policies to get people off welfare. “This recovery continues to disappoint, but we can’t accept it as the new normal,” Ryan said.
The recent pace of job growth should have been enough to push the unemployment rate lower because only around 100,000 new jobs are needed a month to keep up with population growth.
But the jobless rate held steady at 5.1 percent. The unemployment rate is derived from a separate survey of households that showed 350,000 workers dropping out of the labor force last month, as well as a lower level of employment.
The share of the population in the work force, which includes people who have jobs or are looking for one, fell to 62.4 percent, the lowest level since 1977.
Average hourly wages fell by a cent to $25.09 during the month and were up only 2.2 percent from the same month in 2014, holding around the same levels seen all year and pointing to marginal inflationary pressures.
The report did have a few bright spots that might be welcomed by Fed chief Janet Yellen, who said last week the economy was doing well enough to warrant higher rates this year.
The number of workers with part-time jobs but who want more hours fell by 447,000 in September to 6.0 million.
Yellen has signaled that the elevated number of these workers points to hidden slack in the labor market that isn’t captured by the jobless rate. A measure of joblessness that includes these workers and is closely followed by the Fed fell to 10 percent, its lowest level since May 2008.
Economists polled by Reuters had expected job growth of 203,000 in September.
All told, revised estimates meant 59,000 fewer jobs were created in July and August than previously believed.
In another grim sign, the number of hours worked in the country fell 0.2 percent, raising the specter that some broader softness might have gripped the economy last month.
Some of the strongest headwinds on the U.S. economy come from the commodity sector, which has slowed in part because of weaker demand from China.
The price of oil has fallen nearly 50 percent over the last year, and U.S. mining payrolls, which include energy sector jobs, fell by 10,000 in September, the ninth straight month of declines.
Employment Situation Summary
Transmission of material in this release is embargoed until USDL-15-1912
8:30 a.m. (EDT) Friday, October 2, 2015
Household data: (202) 691-6378 • email@example.com • www.bls.gov/cps
Establishment data: (202) 691-6555 • firstname.lastname@example.org • www.bls.gov/ces
Media contact: (202) 691-5902 • PressOffice@bls.gov
THE EMPLOYMENT SITUATION -- SEPTEMBER 2015
Total nonfarm payroll employment increased by 142,000 in September, and the
unemployment rate was unchanged at 5.1 percent, the U.S. Bureau of Labor
Statistics reported today. Job gains occurred in health care and information,
while mining employment fell.
Household Survey Data
In September, the unemployment rate held at 5.1 percent, and the number of
unemployed persons (7.9 million) changed little. Over the year, the unemployment
rate and the number of unemployed persons were down by 0.8 percentage point and
1.3 million, respectively. (See table A-1.)
Among the major worker groups, the unemployment rates for adult men (4.7 percent),
adult women (4.6 percent), teenagers (16.3 percent), whites (4.4 percent), blacks
(9.2 percent), Asians (3.6 percent), and Hispanics (6.4 percent) showed little
or no change in September. (See tables A-1, A-2, and A-3.)
The number of persons unemployed for less than 5 weeks increased by 268,000 to
2.4 million in September, partially offsetting a decline in August. The number
of long-term unemployed (those jobless for 27 weeks or more) was little changed
at 2.1 million in September and accounted for 26.6 percent of the unemployed.
(See table A-12.)
The civilian labor force participation rate declined to 62.4 percent in September;
the rate had been 62.6 percent for the prior 3 months. The employment-population
ratio edged down to 59.2 percent in September, after showing little movement for
the first 8 months of the year. (See table A-1.)
The number of persons employed part time for economic reasons (sometimes referred to
as involuntary part-time workers) declined by 447,000 to 6.0 million in September.
These individuals, who would have preferred full-time employment, were working part
time because their hours had been cut back or because they were unable to find a
full-time job. Over the past 12 months, the number of persons employed part time
for economic reasons declined by 1.0 million. (See table A-8.)
In September, 1.9 million persons were marginally attached to the labor force, down
by 305,000 from a year earlier. (The data are not seasonally adjusted.) These
individuals were not in the labor force, wanted and were available for work, and
had looked for a job sometime in the prior 12 months. They were not counted as
unemployed because they had not searched for work in the 4 weeks preceding the
survey. (See table A-16.)
Among the marginally attached, there were 635,000 discouraged workers in September,
little changed from a year earlier. (The data are not seasonally adjusted.)
Discouraged workers are persons not currently looking for work because they believe
no jobs are available for them. The remaining 1.3 million persons marginally
attached to the labor force in September had not searched for work for reasons
such as school attendance or family responsibilities. (See table A-16.)
Establishment Survey Data
Total nonfarm payroll employment increased by 142,000 in September. Thus far in
2015, job growth has averaged 198,000 per month, compared with an average monthly
gain of 260,000 in 2014. In September, job gains occurred in health care and
information, while employment in mining continued to decline. (See table B-1.)
Health care added 34,000 jobs in September, in line with the average increase of
38,000 jobs per month over the prior 12 months. Hospitals accounted for 16,000 of
the jobs gained in September, and employment in ambulatory health care services
continued to trend up (+13,000).
Employment in information increased by 12,000 in September and has increased by
44,000 over the year.
Employment in professional and business services continued to trend up in September
(+31,000). Job growth has averaged 45,000 per month thus far in 2015, compared
with an average monthly gain of 59,000 in 2014. In September, job gains occurred
in computer systems design and related services (+7,000) and in legal services
Retail trade employment trended up in September (+24,000), in line with its average
monthly gain over the prior 12 months (+27,000). In September, employment rose in
general merchandise stores (+10,000) and automobile dealers (+5,000).
Employment in food services and drinking places continued on an upward trend in
September (+21,000). Over the year, this industry has added 349,000 jobs.
Employment in mining continued to decline in September (-10,000), with losses
concentrated in support activities for mining (-7,000). Mining employment has
declined by 102,000 since reaching a peak in December 2014.
Employment in other major industries, including construction, manufacturing,
wholesale trade, transportation and warehousing, financial activities, and
government, showed little or no change over the month.
The average workweek for all employees on private nonfarm payrolls declined by
0.1 hour to 34.5 hours in September. The manufacturing workweek decreased by
0.2 hour to 40.6 hours, and factory overtime declined by 0.2 hour to 3.1 hours.
The average workweek for production and nonsupervisory employees on private
nonfarm payrolls decreased by 0.1 hour to 33.6 hours. (See tables B-2 and B-7.)
In September, average hourly earnings for all employees on private nonfarm
payrolls, at $25.09, changed little (-1 cent), following a 9-cent gain in August.
Hourly earnings have risen by 2.2 percent over the year. Average hourly earnings
of private-sector production and nonsupervisory employees were unchanged at
$21.08 in September. (See tables B-3 and B-8.)
The change in total nonfarm payroll employment for July was revised from +245,000
to +223,000, and the change for August was revised from +173,000 to +136,000. With
these revisions, employment gains in July and August combined were 59,000 less
than previously reported. Over the past 3 months, job gains have averaged 167,000
The Employment Situation for October is scheduled to be released on Friday,
November 6, 2015, at 8:30 a.m. (EST).
- Employment Situation Summary Table A. Household data, seasonally adjusted
- Employment Situation Summary Table B. Establishment data, seasonally adjusted
- Employment Situation Frequently Asked Questions
- Employment Situation Technical Note
- Table A-1. Employment status of the civilian population by sex and age
- Table A-2. Employment status of the civilian population by race, sex, and age
- Table A-3. Employment status of the Hispanic or Latino population by sex and age
- Table A-4. Employment status of the civilian population 25 years and over by educational attainment
- Table A-5. Employment status of the civilian population 18 years and over by veteran status, period of service, and sex, not seasonally adjusted
- Table A-6. Employment status of the civilian population by sex, age, and disability status, not seasonally adjusted
- Table A-7. Employment status of the civilian population by nativity and sex, not seasonally adjusted
- Table A-8. Employed persons by class of worker and part-time status
- Table A-9. Selected employment indicators
- Table A-10. Selected unemployment indicators, seasonally adjusted
- Table A-11. Unemployed persons by reason for unemployment
- Table A-12. Unemployed persons by duration of unemployment
- Table A-13. Employed and unemployed persons by occupation, not seasonally adjusted
- Table A-14. Unemployed persons by industry and class of worker, not seasonally adjusted
- Table A-15. Alternative measures of labor underutilization
- Table A-16. Persons not in the labor force and multiple jobholders by sex, not seasonally adjusted
- Table B-1. Employees on nonfarm payrolls by industry sector and selected industry detail
- Table B-2. Average weekly hours and overtime of all employees on private nonfarm payrolls by industry sector, seasonally adjusted
- Table B-3. Average hourly and weekly earnings of all employees on private nonfarm payrolls by industry sector, seasonally adjusted
- Table B-4. Indexes of aggregate weekly hours and payrolls for all employees on private nonfarm payrolls by industry sector, seasonally adjusted
- Table B-5. Employment of women on nonfarm payrolls by industry sector, seasonally adjusted
- Table B-6. Employment of production and nonsupervisory employees on private nonfarm payrolls by industry sector, seasonally adjusted(1)
- Table B-7. Average weekly hours and overtime of production and nonsupervisory employees on private nonfarm payrolls by industry sector, seasonally adjusted(1)
- Table B-8. Average hourly and weekly earnings of production and nonsupervisory employees on private nonfarm payrolls by industry sector, seasonally adjusted(1)
- Table B-9. Indexes of aggregate weekly hours and payrolls for production and nonsupervisory employees on private nonfarm payrolls by industry sector, seasonally adjusted(1)
Employment Situation Summary Table A. Household data, seasonally adjusted
Summary table A. Household data, seasonally adjusted
[Numbers in thousands]
Civilian noninstitutional population
Civilian labor force
Not in labor force
Total, 16 years and over
Adult men (20 years and over)
Adult women (20 years and over)
Teenagers (16 to 19 years)
Black or African American
Hispanic or Latino ethnicity
Total, 25 years and over
Less than a high school diploma
High school graduates, no college
Some college or associate degree
Bachelor’s degree and higher
Reason for unemployment
Job losers and persons who completed temporary jobs
Duration of unemployment
Less than 5 weeks
5 to 14 weeks
15 to 26 weeks
27 weeks and over
Employed persons at work part time
Part time for economic reasons
Slack work or business conditions
Could only find part-time work
Part time for noneconomic reasons
Persons not in the labor force (not seasonally adjusted)
Marginally attached to the labor force
– Over-the-month changes are not displayed for not seasonally adjusted data.
NOTE: Persons whose ethnicity is identified as Hispanic or Latino may be of any race. Detail for the seasonally adjusted data shown in this table will not necessarily add to totals because of the independent seasonal adjustment of the various series. Updated population controls are introduced annually with the release of January data.
Employment Situation Summary Table B. Establishment data, seasonally adjusted
Summary table B. Establishment data, seasonally adjusted
EMPLOYMENT BY SELECTED INDUSTRY
(Over-the-month change, in thousands)
Mining and logging
Motor vehicles and parts
Transportation and warehousing
Professional and business services
Temporary help services
Education and health services
Health care and social assistance
Leisure and hospitality
(3-month average change, in thousands)
WOMEN AND PRODUCTION AND NONSUPERVISORY EMPLOYEES
AS A PERCENT OF ALL EMPLOYEES
Total nonfarm women employees
Total private women employees
Total private production and nonsupervisory employees
HOURS AND EARNINGS
Average weekly hours
Average hourly earnings
Average weekly earnings
Index of aggregate weekly hours (2007=100)
Over-the-month percent change
Index of aggregate weekly payrolls (2007=100)
Over-the-month percent change
(Over 1-month span)
Total private (263 industries)
Manufacturing (80 industries)
NOTE: Data have been revised to reflect March 2014 benchmark levels and updated seasonal adjustment factors.
National Income and Product Accounts
Gross Domestic Product: Second Quarter 2015 (Third Estimate)
Corporate Profits: Second Quarter 2015 (Revised Estimate)
Real gross domestic product -- the value of the goods and services produced by the nation’s
economy less the value of the goods and services used up in production, adjusted for price
changes -- increased at an annual rate of 3.9 percent in the second quarter of 2015, according to the
"third" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased
The GDP estimate released today is based on more complete source data than were available for
the "second" estimate issued last month. In the second estimate, the increase in real GDP was 3.7
percent. With the third estimate for the second quarter, the general picture of economic growth remains
the same; personal consumption expenditures (PCE) and nonresidential fixed investment increased more
than previously estimated (see “Revisions” on page 2).
The increase in real GDP in the second quarter primarily reflected positive contributions from
PCE, exports, nonresidential fixed investment, state and local government spending, and residential
fixed investment. Imports, which are a subtraction in the calculation of GDP, increased.
Real GDP increased 3.9 percent in the second quarter, after increasing 0.6 percent in the first.
The acceleration in real GDP in the second quarter reflected an upturn in exports, an acceleration in
PCE, a deceleration in imports, an upturn in state and local government spending, and an acceleration in
nonresidential fixed investment that were partly offset by decelerations in private inventory investment
and in federal government spending.
Real gross domestic income (GDI) -- the value of the costs incurred and the incomes earned in
the production of goods and services in the nation’s economy -- increased 0.7 percent in the second
quarter, compared with an increase of 0.4 percent in the first. The average of real GDP and real GDI, a
supplemental measure of U.S. economic activity that equally weights GDP and GDI, increased 2.3
percent in the second quarter, compared with an increase of 0.5 percent in the first.
FOOTNOTE. Quarterly estimates are expressed at seasonally adjusted annual rates, unless otherwise
specified. Percent changes are calculated from unrounded data and are annualized. "Real" estimates
are in chained (2009) dollars. Price indexes are chain-type measures.
This news release is available on BEA's Web site.
Real gross domestic purchases -- purchases by U.S. residents of goods and services wherever
produced -- increased 3.6 percent in the second quarter, compared with an increase of 2.5 percent in
The price index for gross domestic purchases, which measures prices paid by U.S. residents,
increased 1.5 percent in the second quarter, in contrast to a decrease of 1.6 percent in the first. Excluding
food and energy prices, the price index for gross domestic purchases increased 1.2 percent, compared
with an increase of 0.2 percent.
Current-dollar GDP -- the market value of the goods and services produced by the nation’s
economy less the value of the goods and services used up in production -- increased 6.1 percent, or
$264.4 billion, in the second quarter to a level of $17,913.7 billion. In the first quarter, current-dollar
GDP increased 0.8 percent, or $33.3 billion.
The upward revision to the percent change in real GDP primarily reflected upward revisions to
PCE, to nonresidential fixed investment, and to residential fixed investment that were partly offset by a
downward revision to private inventory investment. For information on revisions, see "The Revisions to
GDP, GDI, and Their Major Components."
Advance Estimate Second Estimate Third Estimate
(Percent change from preceding quarter)
Real GDP............................... 2.3 3.7 3.9
Current-dollar GDP..................... 4.4 5.9 6.1
Real GDI............................... ... 0.6 0.7
Average of Real GDP and Real GDI....... ... 2.1 2.3
Gross domestic purchases price index... 1.4 1.5 1.5
Profits from current production
Profits from current production (corporate profits with inventory valuation adjustment (IVA) and
capital consumption adjustment (CCAdj)) increased $70.4 billion in the second quarter, in contrast to a
decrease of $123.0 billion in the first.
Profits of domestic financial corporations increased $34.6 billion in the second quarter, in
contrast to a decrease of $23.4 billion in the first. Profits of domestic nonfinancial corporations
increased $24.3 billion, in contrast to a decrease of $70.5 billion. The rest-of-the-world component of
profits increased $11.4 billion, in contrast to a decrease of $29.0 billion. This measure is calculated as
the difference between receipts from the rest of the world and payments to the rest of the world. In the
second quarter, receipts increased $24.9 billion, and payments increased $13.4 billion.
Taxes on corporate income increased $31.3 billion in the second quarter, compared with an
increase of $5.5 billion in the first. Profits after tax with IVA and CCAdj increased $39.2 billion, in
contrast to a decrease of $128.4 billion.
Dividends increased $1.2 billion in the second quarter, compared with an increase of $6.3 billion
in the first. Undistributed profits increased $38.0 billion, in contrast to a decrease of $134.7 billion. Net
cash flow with IVA -- the internal funds available to corporations for investment -- increased $48.1
billion, in contrast to a decrease of $135.5 billion.
The IVA and CCAdj are adjustments that convert inventory withdrawals and depreciation of
fixed assets reported on a tax-return, historical-cost basis to the current-cost economic measures used in
the national income and product accounts. The IVA decreased $78.7 billion in the second quarter, in
contrast to an increase of $45.7 billion in the first. The CCAdj increased $7.7 billion, in contrast to a
decrease of $208.1 billion.
Corporate profits with IVA
Profits of domestic financial corporations increased $34.3 billion in the second quarter, in
contrast to a decrease of $3.1 billion in the first. Profits of domestic nonfinancial corporations increased
$17.0 billion, compared with an increase of $117.3 billion. The second-quarter increase in profits of
nonfinancial corporations primarily reflected an increase in “other” nonfinancial industries that was
partly offset by a decrease in retail trade industries. A small increase in manufacturing industries
reflected an increase in durable goods that was mostly offset by a decrease in nondurable goods.
Gross value added of nonfinancial domestic corporate business
Real gross value added of nonfinancial corporations decreased slightly in the second quarter.
Profits per unit of real value added increased, reflecting an increase in unit prices and a decrease in unit
nonlabor costs that were partly offset by an increase in unit labor costs.
* * *
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 -- October 29, 2015 at 8:30 A.M. EDT for:
Gross Domestic Product: Third Quarter 2015 (Advance Estimate)
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Conservative Review – Scorecard
Election 2016 Presidential Polls
|Race/Topic (Click to Sort)
|Iowa Republican Presidential Caucus
||Trump 23, Carson 23, Walker 7, Cruz 9, Fiorina 10, Rubio 4, Bush 5, Huckabee 2, Paul 3, Kasich 4, Christie 1, Jindal 1, Santorum 2, Perry 1, Graham 0
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|Iowa Republican Presidential Caucus
||Trump 23, Carson 18, Walker 8, Cruz 8, Fiorina 5, Rubio 6, Bush 6, Huckabee 4, Paul 4, Kasich 2, Christie 2, Jindal 2, Santorum 1, Perry 1, Graham 0
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From Wikipedia, the free encyclopedia
Rafael Edward “Ted” Cruz (born December 22, 1970) is the junior United States Senator from Texas. A Republican, Cruz was elected senator in 2012 and is the first Hispanic or Cuban American to serve as a U.S. Senator representing Texas. He is the chairman of the subcommittee on the Oversight, Agency Action, Federal Rights and Federal Courts, U.S. Senate Judiciary Committee. He is also the chairman of the United States Senate Commerce Subcommittee on Space, Science and Competitiveness, U.S. Senate Commerce Committee. On March 23, 2015, Cruz announced during a rally at Liberty University he would run for the Republican Party nomination in the 2016 U.S. Presidential election.
Between 1999 and 2003, Cruz was the director of the Office of Policy Planning at the Federal Trade Commission, an associate deputy attorney general at the United States Department of Justice, and domestic policy advisor to U.S. President George W. Bush on the 2000 Bush-Cheney campaign. He served as Solicitor General of Texas from 2003 to May 2008, after being appointed by Texas Attorney General Greg Abbott. He was the first Hispanic, the youngest and the longest-serving solicitor general in Texas history. Cruz was also an adjunct professor of law at the University of Texas School of Law in Austin, from 2004 to 2009.While there, he taught U.S. Supreme Court litigation. Cruz is one of three Senators of Cuban descent.
Cruz was the Republican nominee for the Senate seat vacated by fellow Republican Kay Bailey Hutchison. On July 31, 2012, he defeated Lieutenant Governor David Dewhurst in the Republican primary runoff, 57%–43%. Cruz defeated former state Representative Paul Sadler in the general election on November 6, 2012. He prevailed 56%–41% over Sadler. Cruz openly identifies with the Tea Party movement and has been endorsed by the Republican Liberty Caucus. On November 14, 2012, Cruz was appointed vice-chairman of the National Republican Senatorial Committee.
Early life and ancestry
Cruz was born on December 22, 1970, in Calgary, Alberta, to parents Eleanor Elizabeth Darragh Wilson and Rafael Bienvenido Cruz.At the time of his birth, Cruz’ parents were working in the oil business as owners of a seismic-data processing firm for oil drilling.
Cruz’s father was born in Cuba, and two of Ted’s paternal great-grandparents were from the Canary Islands in Spain. Cruz’s mother was born in Wilmington, Delaware, of three quarter Irish and one quarter Italian ancestry. His father left Cuba in 1957 to attend the University of Texas at Austin, becoming a naturalized U.S. citizen in 2005. His mother earned an undergraduate degree in mathematics from Rice University in the 1950s.
On his father’s side, Cruz had two older half-sisters, Miriam and Roxana Cruz. On his mother’s side Cruz had a half-brother, Michael Wilson (1960 – 1965), who died before he was born. Cruz learned of the deceased sibling from his mother during his teenage years.
Cruz attended high school at Faith West Academy in Katy, Texas, and later graduated from Second Baptist High School in Houston as valedictorian in 1988. During high school, Cruz participated in a Houston-based group called the Free Market Education Foundation where he learned about free-market economic philosophers such as Milton Friedman, Friedrich Hayek, Frédéric Bastiat and Ludwig von Mises. The program was run by Rolland Storey and Cruz entered the program at the age of 13. At the same time, he changed his nickname from “Felito” to “Ted” after being teased about it by his peers. Cruz was involved in theater during high school, though chose not to pursue an acting career. He would later say that he did not think he had the talent to succeed. Cruz came to regret not serving in the military, as he respected it “immensely.”
Cruz graduated cum laude from Princeton University with a Bachelor of Arts in Public Policy from the Woodrow Wilson School of Public and International Affairs in 1992. While at Princeton, he competed for the American Whig-Cliosophic Society‘s Debate Paneland won the top speaker award at both the 1992 U.S. National Debating Championship and the 1992 North American Debating Championship. In 1992, he was named U.S. National Speaker of the Year, as well as Team of the Year, with his debate partner, David Panton. Cruz and Panton represented Harvard Law School at the 1995 World Debating Championship, making it to the semi-finals, where they lost to a team from Australia. Princeton’s debate team later named their annual novice championship after Cruz.
Cruz’s senior thesis on the separation of powers, titled “Clipping the Wings of Angels,” draws its inspiration from a passage attributed to President James Madison: “If angels were to govern men, neither external nor internal controls on government would be necessary.” Cruz argued that the drafters of the Constitution intended to protect the rights of their constituents, and that the last two items in the Bill of Rights offer an explicit stop against an all-powerful state. Cruz wrote: “They simply do so from different directions. The Tenth stops new powers, and the Ninth fortifies all other rights, or non-powers.”
After graduating from Princeton, Cruz attended Harvard Law School, graduating magna cum laude in 1995 with a Juris Doctor degree. While at Harvard Law, he was a primary editor of the Harvard Law Review, and executive editor of the Harvard Journal of Law and Public Policy, and a founding editor of the Harvard Latino Law Review. Referring to Cruz’s time as a student at Harvard Law, Professor Alan Dershowitz said, “Cruz was off-the-charts brilliant.” At Harvard Law, Cruz was a John M. Olin Fellow in Law and Economics.
Cruz currently serves on the Board of Advisors of the Texas Review of Law and Politics.
Ted Cruz speaking in Nashua, New Hampshire.
Cruz served as a law clerk to J. Michael Luttig of the United States Court of Appeals for the Fourth Circuit in 1995 and William Rehnquist, Chief Justice of the United States in 1996. Cruz was the first Hispanic to clerk for a Chief Justice of the United States.
After Cruz finished his clerkships, he took a position with Cooper, Carvin & Rosenthal, now known as Cooper & Kirk, LLC, from 1997 to 1998. While with the firm, Cruz worked on matters relating to the National Rifle Association, and helped prepare testimony for the impeachment proceedings against President Clinton. Cruz also served as private counsel for Congressman John Boehner during Boehner’s lawsuit against Congressman Jim McDermott for releasing a tape recording of a Boehner telephone conversation.
Cruz joined the George W. Bush presidential campaign in 1999 as a domestic policy adviser, advising then-Governor George W. Bush on a wide range of policy and legal matters, including civil justice, criminal justice, constitutional law, immigration, and government reform.
Cruz assisted in assembling the Bush legal team, devising strategy, and drafting pleadings for filing with the Supreme Court of Florida and U.S. Supreme Court, the specific case being Bush v. Gore, during the 2000 Florida presidential recounts, leading to two successful decisions for the Bush team. Cruz recruited future Chief Justice John Roberts and noted attorney Mike Carvin to the Bush legal team.
After President Bush took office, Cruz served as an associate deputy attorney general in the U.S. Justice Department and as the director of policy planning at the U.S. Federal Trade Commission.
Texas Solicitor General
Appointed to the office of Solicitor General of Texas by Texas Attorney General Greg Abbott, Cruz served in that position from 2003 to 2008. The office had been established in 1999 to handle appeals involving the state, but Abbott hired Cruz with the idea that Cruz would take a “leadership role in the United States in articulating a vision of strict construction.” As Solicitor General, Cruz argued before the Supreme Court nine times, winning five cases and losing four.
Cruz has authored 70 United States Supreme Court briefs and presented 43 oral arguments, including nine before the United States Supreme Court. Cruz’s record of having argued before the Supreme Court nine times is more than any practicing lawyer in Texas or any current member of Congress. Cruz has commented on his nine cases in front of the U.S. Supreme Court: “We ended up year after year arguing some of the biggest cases in the country. There was a degree of serendipity in that, but there was also a concerted effort to seek out and lead conservative fights.”
In 2003, while Cruz was Texas solicitor general, the Texas Attorney General’s office declined to defend Texas’ sodomy law in Lawrence v. Texas, where the U.S. Supreme Court decided that state laws banning homosexual sex as illegal sodomy were unconstitutional.
In the landmark case of District of Columbia v. Heller, Cruz drafted the amicus brief signed by the attorneys general of 31 states, which said that the D.C. handgun ban should be struck down as infringing upon the Second Amendment right to keep and bear arms. Cruz also presented oral argument for the amici states in the companion case to Heller before the United States Court of Appeals for the District of Columbia Circuit.
Cruz at the Values Voter Summit in Washington, DC., 2011
In addition to his success in Heller, Cruz successfully defended the constitutionality of the Ten Commandments monument on the Texas State Capitol grounds before the Fifth Circuit and the U.S. Supreme Court, winning 5–4 inVan Orden v. Perry.
In 2004, Cruz was involved in the high-profile case, Elk Grove Unified School District v. Newdow, in which he wrote a U.S. Supreme Court brief on behalf of all 50 states. The Supreme Court upheld the position of Cruz’s brief.
Cruz served as lead counsel for the state and successfully defended the multiple litigation challenges to the 2003 Texas congressional redistricting plan in state and federal district courts and before the U.S. Supreme Court, which was decided 5–4 in his favor in League of United Latin American Citizens v. Perry.
Cruz also successfully defended, in Medellin v. Texas, the State of Texas against an attempt to re-open the cases of 51 Mexican nationals, all of whom were convicted of murder in the United States and were on death row. With the support of the George W. Bush Administration, the petitioners argued that the United States had violated the Vienna Convention on Consular Relations by failing to notify the convicted nationals of their opportunity to receive legal aid from the Mexican consulate. They based their case on a decision of the International Court of Justice in the Avena case which ruled that by failing to allow access to the Mexican consulate, the US had breached its obligations under the Convention. Texas won the case in a 6–3 decision, the Supreme Court holding that ICJ decisions were not binding in domestic law and that the President had no power to enforce them.
Cruz has been named by American Lawyer magazine as one of the 50 Best Litigators under 45 in America, by The National Law Journal as one of the 50 Most Influential Minority Lawyers in America, and by Texas Lawyer as one of the 25 Greatest Texas Lawyers of the Past Quarter Century.
After leaving the Solicitor General position in 2008, Cruz worked in a private law firm in Houston, Morgan, Lewis & Bockius LLP, often representing corporate clients, until he was sworn in as U.S. Senator from Texas in 2013. At Morgan Lewis, he led the firm’s U.S. Supreme Court and national appellate litigation practice. In 2009 and 2010, he formed and then abandoned a bid for state attorney general when the incumbent Attorney General Greg Abbott, who hired Cruz as Solicitor General, decided to run for re-election.
Cruz speaking to the Values Voters Summit in October 2011
Cruz’s victory in the Republican primary was described by the Washington Post as “the biggest upset of 2012 . . . a true grassroots victory against very long odds.” On January 19, 2011, after U.S. Senator Kay Bailey Hutchison said she would not seek reelection, Cruz announced his candidacy via a blogger conference call. In the Republican senatorial primary, Cruz ran against sitting Lieutenant Governor David Dewhurst. Cruz was endorsed first by former Alaska Governor Sarah Palin and then by the Club for Growth, a fiscally conservative political action committee; Erick Erickson, editor of prominent conservative blog RedState; theFreedomWorks for America super PAC; nationally syndicated radio host Mark Levin; former Attorney General Edwin Meese; Tea Party Express; Young Conservatives of Texas; and U.S. Senators Tom Coburn,Jim DeMint, Mike Lee, Rand Paul and Pat Toomey. He was also endorsed by former Texas Congressman Ron Paul, George P. Bush, and former U.S. Senator from Pennsylvania Rick Santorum.
Cruz won the runoff for the Republican nomination with a 14-point margin over Dewhurst. Cruz defeated Dewhurst despite being outspent by Dewhurst who held a statewide elected office. Dewhurst spent $19 million and Cruz only spent $7 million. Dewhurst raised over $30 million and outspent Cruz at a ratio of nearly 3-to-1.
In the November 6 general election, Cruz faced Democrat Paul Sadler, an attorney and a former state representative from Henderson, in east Texas. Cruz won with 4.5 million votes (56.4%) to Sadler’s 3.2 million (40.6%). Two minor candidates garnered the remaining 3% of the vote. According to a poll by Cruz’s pollster Wilson Perkins Allen Opinion Research, Cruz received 40% of the Hispanic vote, vs. 60% for Sandler, outperforming Republican Presidential candidate Mitt Romney with the Hispanic vote by 6 points.
After Time magazine reported on a potential violation of ethics rules by failing to publicly disclose his financial relationship with Caribbean Equity Partners Investment Holdings during the 2012 campaign, Cruz called his failure to disclose these connections an inadvertent omission.
Cruz giving a speech to the Montgomery County Republican Party meeting held in Conroe, Texas, on August 19, 2013
Cruz has sponsored 25 bills of his own, including:
- S.177, a bill to repeal the Patient Protection and Affordable Care Act and the health-care related provisions of the Health Care and Education Reconciliation Act of 2010, introduced January 29, 2013
- S.505, a bill to prohibit the use of drones to kill citizens of the United States within the United States, introduced March 7, 2013
- S.729 and S. 730, bills to investigate and prosecute felons and fugitives who illegally purchase firearms, and to prevent criminals from obtaining firearms through straw purchases and trafficking, introduced March 15, 2013
- S.1336, a bill to permit States to require proof of citizenship for registering to vote in federal elections, introduced July 17, 2013
- S.2170, a bill to increase coal, natural gas, and crude oil exports, to approve the construction of the Keystone XL Pipeline, to expand oil drilling offshore, onshore, in the National Petroleum Reserve–Alaska, and in Indian reservations, to give states the sole power of regulating hydraulic fracturing, to repeal the Renewable Fuel Standard, to prohibit the Environmental Protection Agency (EPA) from regulating greenhouse gases, to require the EPA to assess how new regulations will affect employment, and to earmark natural resource revenue to paying off the federal government’s debt, introduced March 27, 2014
- S.2415, a bill to amend the Federal Election Campaign Act of 1971 to eliminate all limits on direct campaign contributions to candidates for public office, introduced June 3, 2014
Senate bill 2195
On April 1, 2014, Cruz introduced Senate bill 2195, a bill that would allow the President of the United States to deny visas to any ambassador to the United Nations who has been found to have been engaged in espionage activities or a terrorist activity against the United States or its allies and may pose a threat to U.S. national security interests. The bill was written in response to Iran‘s choice of Hamid Aboutalebi as their ambassador. Aboutalebi was involved in the Iran hostage crisis, in which of a number of American diplomats from the US embassy in Tehran were held captive in 1979.
Under the headline “A bipartisan message to Iran”, Cruz thanked President Barack Obama for signing S 2195 into law. The letter, published in the magazine Politico on April 18, 2014, starts with “Thanks to President Obama for joining a unanimous Congress and signing S 2195 into law”. Cruz also thanked senators from both political parties for “swiftly passing this legislation and sending it to the White House.”
According to transcripts as reported by Politico, in his first two years in the Senate, Cruz attended 17 of 50 public Armed Services Committee hearings, 3 of 25 Commerce Committee hearings, 4 of the 12 Judiciary Committee hearings, and missed 21 of 135 roll call votes during the first three months of 2015.
In January 2015, Cruz voted in the U.S. Senate that global warming is real, but not man-made, rejecting an amendment stating that human activity significantly contributes to climate change.
In a March 2015 Texas Tribune interview, Cruz questioned the credibility of environmental advocates concerned about the issue of global warming by saying, “On the global warming alarmists, anyone who actually points to the evidence that disproves their apocalyptical claims, they don’t engage in reasoned debate. What do they do? They scream, ‘You’re a denier.’ They brand you a heretic. Today, the global warming alarmists are the equivalent of the flat-earthers”.
Cruz has stated that satellite data shows no global warming in the past 17 years, based on a range of data that the Intergovernmental Panel on Climate Change views as indicative of a short term trend (1998 was a particularly warm year), to deny the longer term warming trend of 360 consecutive months above the 20th century average.
Since being elected, Cruz has characterized the economic policies of the Obama Administration as being misguided. Chiding the GOP over its 2012 electoral losses, he stated that “Republicans are and should be the party of the 47 percent” and has also noted that the words “growth and opportunity” ought to be tattooed on every Republican’s hand.
In February 2014, Cruz opposed an unconditional increase in the debt limit. He said that Republican politicians feared the truth and “they wanted to be able to tell what they view as their foolish, gullible constituents back home they didn’t do it.”
Cruz is a proponent of school choice.
At a Heritage Foundation policy summit in February 2014, Cruz said that energy policy should be a key issue, stating “As much as we need to approve the Keystone pipeline, we need to think far broader than that.” He pushed legislation to lift the 1970 ban on crude oil exports, and abolish the ethanol mandate. Cruz received more than US$1 million in campaign donations from the oil and gas industry since 2011.
Cruz was an original co-sponsor of the Keystone XL Pipeline Act, Senate Bill 1 of the 114th Congress, and on January 29, 2015, voted for its passage. It passed the Senate 62-36, the goal of the bill was to approve the construction of the transnational pipeline. Cruz wants Congress to approve the exportation of U.S. natural gas to World Trade Organization countries.
Cruz advocates for “volunteer conservation”, and criticized efforts by the federal government’s Environmental Protection Agency to expand regulatory oversight on water use by attempting “to turn irrigation ditches into lakes and rivers and oceans”.
Cruz speaking at the May 2015 Citizens United Freedom Summit
On foreign policy, Cruz has said that he is “somewhere in between” Rand Paul‘s “basically … isolationist” position and John McCain‘s active interventionism.
In April 2015, Cruz filed an amendment to a bill introduced by Tennessee Senator Bob Corker, the Iran Nuclear Agreement Review Act of 2015, which would require affirmative Congressional approval of any Iranian nuclear dealbefore sanctions relief can occur.
In 2004, Cruz criticized Democratic Presidential candidate John Kerry for being “against defending American values, against standing up to our enemies, and, in effect, for appeasing totalitarian despots.” Cruz helped defeat efforts to ratify the Convention on the Rights of Persons with Disabilities, arguing that the treaty infringed on US sovereignty.
In 2013, Cruz stated that America had no “dog in the fight” during the Syrian civil war and stated that America’s armed forces should not serve as “al-Qaeda‘s air force”. In 2014, Cruz criticized the Obama administration: “The president’s foreign policy team utterly missed the threat of ISIS, indeed, was working to arm Syrian rebels that were fighting side by side with ISIS”, calling ISIS “the face of evil”. Cruz has called for bombing ISIS, but is doubtful that the United States “can tell the good guys from the bad guys” in a plan to arm “moderate” rebels, and the plan to defeat ISIS should not be “laden with impractical contingencies, such as resolving the Syrian civil war.”
In 2014, Cruz spoke at an event held by the group In Defense of Christians (IDC). He was booed by the group after making statements considered pro-Israel. Cruz left the stage after telling the audience, “Those who hate Israel hate America. Those who hate Jews hate Christians. If those in this room will not recognize that, then my heart weeps. If you hate the Jewish people you are not reflecting the teachings of Christ. And the very same people who persecute and murder Christians right now, who crucify Christians, who behead children, are the very same people who target Jews for their faith, for the same reason”. Some commentators believe there is a divide in the conservative movement between those who sided with Cruz and Israel, and those who sided with Middle Eastern Christians and some arguing that Cruz’s comments were out-of-bounds. Others who criticized Cruz included Mollie Hemingwayand Ross Douthat. Cruz apologized for questioning the motives of his critics and said that all should be united in speaking out against persecution of religious minorities.
Cruz is a gun-rights supporter. On March 25, 2013, an announcement was made by Cruz and U.S. Senators Rand Paul and Mike Lee threatening to filibuster any legislation that would entail gun control, such as the Manchin-Toomey Amendment, which would require additional background checks on sales at gun shows. On April 17, 2013, Cruz voted against the Manchin-Toomey Amendment. Republicans successfully filibustered the amendment by a vote of 54–46, as 60 votes were needed for cloture.
In April 2015, Cruz stated “what I have been pressing is the Armed Services Committee” to hold hearings on whether service members should be allowed to carry concealed firearms on military bases. He believes that service members should be better equipped to protect themselves from incidents like the Navy Yard and Fort Hood mass shootings. He further added, “I think it’s very important to have a public discussion about why we’re denying our soldiers the ability to exercise their Second Amendment rights“.
Cruz is a strong critic of the Patient Protection and Affordable Care Act, which he usually refers to as “Obamacare”. He has sponsored legislation that would repeal the health care reform law and its amendments in the Health Care and Education Reconciliation Act of 2010.
After the launch of the HealthCare.gov website, with which there were significant implementation problems, Cruz stated, “Obamacare is a disaster. You have the well-publicized problems with the website. It just isn’t working.” He called for Health and Human Services Secretary Kathleen Sebelius to resign.
In 2014, some claim Cruz unintentionally gave majority leader Harry Reid the procedural opening he needed to allow a Senate vote to confirm Vivek Murthy, who had raised concerns about the health effects of gun ownership, to be United States Surgeon General, though it has been reported Reid intended to push through the remaining confirmations of President Obama’s nominees regardless.
In the summer of 2013, Cruz started a “nationwide tour” sponsored by The Heritage Foundation to promote a congressional effort to defund the Patient Protection and Affordable Care Act, arguing that Republicans should unite in upcoming Continuing Resolution negotiations to defund Obamacare and with regard to a potential government shutdown Cruz downplayed worries of the political risk to Republicans by citing the results of the 1996 midterm elections.
On September 24, 2013, Cruz began a speech on the floor of the Senate regarding the Affordable Care Act relative to a continuing resolution designed to fund the government and avert a government shutdown. Cruz promised to keep speaking until he was “no longer able to stand”. Cruz yielded the floor at noon the following day for the start of the proceeding legislative session after twenty-one hours nineteen minutes. His speech was the fourth-longest in United States Senate history. Following Cruz’s speech, the Senate voted 100–0 regarding a “procedural hurdle toward passing a stopgap funding bill to avert a government shutdown”. Cruz was joined by 18 Republican senators in his effort to prevent stripping out a clause that would have defunded the Affordable Care Act by voting against the cloture motion, leaving the effort 21 votes short of the required number to deny cloture.
Cruz is cited in the press as having been a major force behind the U.S. government shutdown in 2013. Cruz delivered a message on October 11, 2013 to fellow Republicans against accepting Obamacare and, describing it as a “train wreck”, claimed the American people remain “energized” around the goal of gutting the law. Cruz stated Obamacare is causing “enormous harm” to the economy. Republican strategist Mike Murphy stated: “Cruz is trying to start a wave of Salem witch trials in the G.O.P. on the shutdown and Obamacare, and that fear is impacting some people’s calculations on 2016.” Cruz said that he “didn’t threaten to shut down the government” and blamed the shutdown on President Barack Obama and Senate Majority Leader Harry M. Reid.
The Houston Chronicle, which had endorsed Cruz in the general election, regretted that he had not lived up to the standard set by the previous U.S. Senator from Texas, Kay Bailey Hutchison. After a deal was made to end the shutdown and extend the debt-ceiling deadline, Senate Republican leader Mitch McConnell called Cruz’s actions “not a smart play” and a “tactical error”, and Cruz stated: “I would do anything, and I will continue to do anything I can, to stop the train wreck that is Obamacare. The test that matters… is are we doing anything for all the people that are getting hurt from Obamacare?” In March 2015, Cruz announced his wife would be taking an unpaid leave of absence and would no longer have access to health insurance through her employer, so they purchased private insurance rather than enter the health care exchange.
Cruz opposes net neutrality arguing that the Internet economy has flourished in the United States simply because it has remained largely free from government regulation. He believes regulating the Internet will stifle online innovation and create monopolies.He has expressed support for stripping the Federal Communications Commission (FCC) of its power under Section 706 of the Telecommunications Act of 1996, and opposes reclassifying internet service providers as common carriers under Title II of theCommunications Act of 1934.
In 2015, Cruz opposed President Obama’s plan to raise the federal minimum wage to $10.10 per hour, stating that he believes it would cause large scale job loss. When discussing whether or not to have a minimum wage in general, Cruz stated “I think the minimum wage consistently hurts the most vulnerable.”
National Security Agency
Cruz has raised concerns that the National Security Agency has not been effective in its surveillance of potential terrorists while intruding needlessly into the lives of ordinary Americans.
Cruz is pro-life. The only exception to his pro-life views is “when a pregnancy endangers the mother’s life”.
Cruz supports legally defined marriage as only “between one man and one woman,” but believes that the legality of same-sex marriage should be left to each state to decide. On February 10, 2015, Cruz re-introduced the State Marriage Defense Act.Cruz opposes participation in gay pride marches, criticizing Dallas’ Republican mayor Tom Leppert, stating “When a mayor of a city chooses twice to march in a parade celebrating gay pride that’s a statement and it’s not a statement I agree with.” He voted against reauthorizing the Violence Against Women Act, which included provisions to extend protection to lesbians, gays, immigrants, and Native Americans. In a speech in Waukee, Iowa, Cruz said that “[t]here is a liberal fascism that is dedicated to going after believing Christians who follow the biblical teaching on marriage.”
Cruz opposes the legalization of marijuana, but believes it should be decided at the state level.
Cruz advocates the abolition of the IRS, and implementing a flat tax “where the average American can fill out taxes on a postcard”. He opposes the Marketplace Fairness Act, saying that it imposes a burdensome tax that will hurt competition by creating additional costs for internet-based businesses.
Cruz voted against the Water Resources Development Act of 2013, that would have created the National Endowment for the Oceans and authorize more than $26 billion in projects to be built by the Army Corps of Engineers, at least $16 billion of which would have come from federal taxpayers. Cruz voted against the bill because it neglected “to reduce a substantial backlog of projects, to the detriment of projects with national implications, such as the Sabine-Neches Waterway“. Cruz stated that the Corps’ responsibilities were expanded without providing adequate measures for state participation. Proponents of the bill argued that it would provide steady funding to support research and restoration projects, funded primarily by dedicating 12.5% of revenues from offshore energy development, including oil, gas, and renewable energy, through offshore lease sales and production based royalty payments, distributed through a competitive grant program.
Senator Cruz speaking at the 2014 Conservative Political Action Conference (CPAC) in National Harbor, Maryland.
Commentators have expressed their opinion that Cruz would run for President in 2016. On March 14, 2013, Cruz gave the keynote speech at the 2013 Conservative Political Action Conference in Washington DC. He came in tied for 7th place in the 2013 CPAC straw poll on March 16, winning 4% of the votes cast. In October 2013, Cruz won the Values Voter Summit Presidential straw poll with 42% of the vote. Cruz came in first place in the two most recent Presidential straw polls conducted in 2014 with 30.33% of the vote at the Republican Leadership Conference and 43% of the vote at the Republican Party of Texas state convention.
Cruz did speaking events in the summer of 2013 across Iowa, New Hampshire and South Carolina, early primary states, leading to speculation that he was laying the groundwork for a run for President in 2016. Legal analyst Jeffrey Toobin describes Cruz as the first potential Presidential candidate to emphasize originalism as a major national issue.
Since Cruz was born in Canada, commentators for the Austin American-Statesman and the Los Angeles Times, have speculated about Cruz’s legal status as a natural-born citizen. Because he was a U.S. citizen at birth (his mother was a U.S. citizen who lived in the U.S. for more than 10 years as outlined by the Nationality Act of 1940), most commentators believe Cruz is eligible to serve as President of the United States.Despite many legal experts opinions to the contrary, conservative legal activist Larry Klayman, Orly Taitz, one of the leading proponents of the “birther” movement during Obama’s presidency, Joseph Farah of World Net Daily, and Donald Trump, have stated that Cruz is not a natural born citizen and thus not eligible to run for president.
On April 12, 2014, Cruz spoke at the Freedom Summit, an event organized by Americans for Prosperity, and Citizens United. The event was attended by several potential presidential candidates. In his speech, Cruz mentioned that Latinos, young people and single mothers, are the people most affected by the recession, and that the Republican Party should make outreach efforts to these constituents. He also said that the words “growth and opportunity” should be tattooed on the hands of every Republican politician.
On March 23, 2015, Cruz announced on his Twitter page: “I’m running for President and I hope to earn your support!” He was the first announced major Republican presidential candidate for the 2016 campaign.
HarperCollins published Cruz’s book A Time for Truth: Reigniting the Promise of America on June 30, 2015. The book reached the bestseller list of several organizations in its first week of release.
Cruz with his wife Heidi at a rally in Houston, March 2015
Cruz married Heidi Nelson in 2001. The couple has two daughters: Caroline (born 2008) and Catherine (born 2011). Cruz met his wife while working on the George W. Bush presidential campaign of 2000. She is currently taking leave from her position as head of the Southwest Region in the Investment Management Division of Goldman, Sachs & Co. and previously worked in the White House for Condoleezza Rice and in New York as an investment banker.
Cruz has said, “I’m Cuban, Irish, and Italian, and yet somehow I ended up Southern Baptist.”
When he was a child, Cruz’s mother told him that she would have to make an affirmative act to claim Canadian citizenship for him, so his family assumed that he did not hold Canadian citizenship. In August 2013, after the Dallas Morning News pointed out that Cruz had dual Canadian-American citizenship, he applied to formally renounce his Canadian citizenship and ceased being a citizen of Canada on May 14, 2014.
Rick Manning of Americans for Limited Government in The Hill, on December 27, 2013, named Cruz “2013 Person of the Year.” Manning stated that “of course, Cruz made his biggest mark when he and fellow freshman Sen. Mike Lee (R-Utah) led a last-ditch national grassroots effort to defund ObamaCare before the law went into effect fully. Imagine how many Senate Democrats wish right now that they had heeded Cruz’s entreaties and agreed to delaying or defunding it for one year. Now, they are stuck with the law and all its consequences.”
Cruz was also named “2013 Man of the Year” by TheBlaze, FrontPage Magazine and The American Spectator, “2013 Conservative of the Year” by Townhall.com, “2013 Statesman of the Year” by the Republican Party ofSarasota County, Florida and was a finalist in both “2013 Texan of the Year” by The Dallas Morning News and a “2013 Person of the Year” finalist by Time.
- 2012 Republican primary
|Republican primary results, May 29, 2012
- 2012 Republican primary runoff
|Republican runoff results, July 31, 2012
- 2012 General Election
|General Election, November 6, 2012
||John Jay Myers
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Thomas Barnett: Rethinking America’s military strategy
In this bracingly honest and funny talk, international security strategist Thomas P.M. Barnett outlines a post-Cold War solution for the foundering US military: Break it in two. He suggests the military re-form into two groups: a Leviathan force, a small group of young and fierce soldiers capable of swift and immediate victories; and an internationally supported network of System Administrators, an older, wiser, more diverse organization that actually has the diplomacy and power it takes to build and maintain peace.
Wikistrat’s “The World According to Tom Barnett” 2011 brief, Pt 1 (Pentagon’s new map)
Wikistrat’s “The World According to Tom Barnett” 2011 brief, Pt 2 (Flow of People)
Wikistrat’s “The World According to Tom Barnett” 2011 brief, Pt 3 (Flow of Money)
Wikistrat’s “The World According to Tom Barnett” 2011 brief, Pt 4 (Flow of Energy)
Wikistrat’s “The World According to Tom Barnett” 2011 brief, Pt 5 (Flow of Food)
Wikistrat’s “The World According to Tom Barnett” 2011 brief, Pt 6 (Flow of Security)
Wikistrat’s “The World According to Tom Barnett” 2011 brief, Pt 7 (Q&A – Religion )
Wikistrat’s “The World According to Tom Barnett” 2011 brief, Pt 8 (Q&A – Global Economic Crisis)
Wikistrat’s “The World According to Tom Barnett” 2011 brief, Pt 9 – Final (Q&A – U.S. Allies)
Conversations with History: Thomas P.M. Barnett
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The Pronk Pops Show Podcasts
Story 1, Part 3 of 3: An American Renaissance, The Road To Peace and Prosperity: Faith, Family, Friends, and Freedom ~ First — Videos
Controlling Leviathan: The Battle for Limited Government
Question and Answer Session: The Fight Against Big Government
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Eight Reasons Why Big Government Hurts Economic Growth
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Keynesian Economics Is Wrong: Bigger Gov’t Is Not Stimulus
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United States federal executive departments
From Wikipedia, the free encyclopedia
The United States federal executive departments are among the oldest primary units of the executive branch of the federal government of the United States—the Departments of State, War, and the Treasury all having been established within a few weeks of each other in 1789.
Federal executive departments are analogous to ministries common in parliamentary or semi-presidential systems but, with the United States being a presidential system, their heads otherwise equivalent to ministers, do not form a government (in a parliamentary sense) nor are they led by a head of government separate from the head of state. The heads of the federal executive departments, known as secretaries of their respective department, form the traditional Cabinet of the United States, an executive organ that serves at the disposal of the president and normally act as an advisory body to the presidency.
Since 1792, by statutory specification, the cabinet constituted a line of succession to the presidency, after the Speaker of the House and the president pro tempore of the Senate, in the event of a vacancy in both the presidency and the vice presidency. The Constitution refers to these officials when it authorizes the President, in Article II, section 2, to “require the Opinion, in writing, of the principal Officer in each of the executive Departments, upon any Subject relating to the Duties of their respective Offices.” In brief, they and their organizations are the administrative arms of the President.
Executive Departments of the present
||This article is outdated. (February 2012)
All departments are listed by their present-day name and only departments with past or present cabinet-level status are listed. Order of succession has always included the Vice President (1) as the first in line; at times – including presently – the Speaker of the House (2) and the President pro tempore of the Senate (3) have also been included.
||Initially named “Department of Foreign Affairs”.
||Position of Attorney General created in 1789, but had no department until 1870
||Originally named Commerce and Labor; Labor later separated
||Initially named “National Military Establishment” 1947-49. Created as a subsuming—from executive to sub-executive status—of the Departments of The Navy and War (which split into the Departments of the Army and Air Force).
|Health and Human Services
||Originally named Health, Education, and Welfare; Education later separated
|Housing and Urban Development
||Formerly an independent agency as the Veterans Administration
|Total outlays, employees:
Executive Departments of the past
Ep. 12: AN ANIMATED FILM ON THE DEBT & THE DEFICIT | Marshall Curry
US Debt Crisis – Perfectly Explained
The Collapse of The American Dream Explained in Animation
George Carlin on the American Dream
|The bar chart comes directly from the Monthly Treasury Statement published by the U. S. Treasury Department..The “Debt Total” bar chart is generated from the Treasury Department’s “Debt Report” found on the Treasury Direct web site. It has links to search the debt for any given date range, and access to debt interest information. It is a direct source to government provided budget information.
|— “Deficit” vs. “Debt”—Suppose you spend more money this month than your income. This situation is called a “budget deficit”. So you borrow (ie; use your credit card). The amount you borrowed (and now owe) is called your debt. You have to pay interest on your debt. If next month you spend more than your income, another deficit, you must borrow some more, and you’ll still have to pay the interest on your debt (now larger). If you have a deficit every month, you keep borrowing and your debt grows. Soon the interest payment on your loan is bigger than any other item in your budget. Eventually, all you can do is pay the interest payment, and you don’t have any money left over for anything else. This situation is known as bankruptcy.
|“Reducing the deficit” is a meaningless soundbite. If theDEFICIT is any amount more than ZERO, we have to borrow more and the DEBT grows.
Each year since 1969, Congress has spent more money than its income. The Treasury Department has to borrow money to meet Congress’s appropriations. Here is a direct link to the Congressional Budget Office web site’s deficit analysis. We have to pay interest* on that huge, growing debt; and it dramatically cuts into our budget.
Sen Rand Paul on Baseline Budgeting
Ending Baseline Budgeting | House GOP Twitter Response
2014 U.S. Federal Budget: Taxes & Revenue
2014 U.S. Federal Budget: Budget Process
2014 U.S. Federal Budget: Social Insurance, Earned Benefits, & Entitlements
2014 U.S. Federal Budget: Debt and Deficit
US Congress has raised the debt ceiling 78 times since 1960
Rep. Louie Gohmert Applauds The Baseline Reform Act
Baseline Budgeting Explained
Underwhelming Spending Cuts from Congress and Obama
Understanding the National Debt and Budget Deficit
FairTax: Fire Up Our Economic Engine (Official HD)
The FairTax: It’s Time
Flat Tax vs. National Sales Tax
Dan Mitchell Discussing Federal Tax Burden on CNBC
Eight Reasons Why Big Government Hurts Economic Growth
Dan Mitchell Explaining How Government Screws Up Everything
What is the FairTax legislation?
Cato Institute Senior Fellow Daniel J. Mitchell
How does the FairTax rate compare to today’s?
What assumptions does the FairTax make about government spending?
How does the FairTax rate compare to today’s?
Is the FairTax truly progressive?
How does the “prebate” work?
Will the prebate create a massive new entitlement system?
Wouldn’t it be more fair to exempt food and medicine from the FairTax?
Is it fair for rich people to get the same prebate as poor people?
If people bring home their whole paychecks how can prices fall?
How does the FairTax impact the middle class?
Why is the FairTax better than a flat income tax?
Is the FairTax rate really 23%?
Is consumption a reliable source of revenue?
How does the FairTax affect compliance costs?
Isn’t it a stretch to say the IRS will go away?
Can I pretend to be a business to avoid the sales tax?
How does the FairTax affect tax preparers and CPAs?
Are any significant economies funded by a sales tax?
How will the FairTax affect state sales tax systems?
Can’t Americans just cross the border to avoid the FairTax
How will Social Security payments be calculated under the FairTax?
Will the FairTax impact tax deferred retirement accounts like 401(k)s?
How will the FairTax® make the tax system fair for everyone?
What’s the difference between the FairTax® and the income tax?
How will the FairTax® help me save money?
Why Should Grandparents support FairTax®?
Congressman Woodall Discusses the FairTax
“The Case for the Fair Tax”
Freedom from the IRS! – FairTax Explained in Detail
John Stossel speaks to the Fair Tax Rally
Sen. Moran Discusses FairTax Legislation on U.S. Senate Floor
Mind blowing speech by Robert Welch in 1958
Robert Welch Speaks: In One Generation (1974)
GOP Taxonomy: The Flat Taxers and the Fair Taxers
by Aman Batheja
During his last run for president, Rick Perry often pulled a postcard out of his jacket pocket.
“The best representation of my plan is this postcard, which taxpayers will be able to fill out to file their taxes,” Perry said.
While Perry proposed an optional 20 percent flat tax on all income levels, the other Texan running that cycle, Ron Paul, wanted to get rid of the income tax altogether. The former Surfside congressman sometimes suggested replacing it and other federal taxes with a sales tax, a concept often described as the Fair Tax.
As the 2016 landscape begins taking shape, potential Republican candidates are suggesting an interest in being both flat and fair, embracing some version of Perry’s 2012 proposal as the first step toward reaching Paul’s ideal.
Take U.S. Sen. Ted Cruz, R-Texas, whose talk on taxes has sounded strikingly similar to Perry’s at times.
“We should let taxes become so simple that they could be filled out on a postcard,” Cruz wrote in a column for USA Today in October.
Yet while Cruz has called for converting the country’s progressive income tax system to a flat tax, his office confirmed that the Fair Tax is his long-term goal.
“The senator supports a Fair Tax, ultimately,” spokeswoman Catherine Frazier said. “However, the most immediate, effective way to implement comprehensive tax reform is to pass a simple flat tax — so simple that Americans can file on a postcard. This should be the starting point for reform, and once it’s in place we should pursue a Fair Tax.”
Another presidential contender, U.S. Sen. Rand Paul, R-Ky., has also voiced support for a flat tax, but still prefers the vision of his libertarian father, Ron Paul.
“I’ve never said I don’t support a sales tax,” Rand Paul told The Texas Tribune recently while in Dallas. He explained that he viewed moving the federal tax system to a flat tax as “an easier concept to get through a legislature because you’re modifying the existing code.”
More broadly, Rand Paul said he was interested in stimulating economic growth by reducing the federal taxes overall.
“We’ve kind of lost that argument in recent years because many Republicans, including many in Washington, now simply argue for revenue neutral tax reform, which stimulates nothing,” Paul said.
For former Arkansas Gov. Mike Huckabee, those talking about the flat tax as a bridge to the Fair Tax are missing the point.
“Gov. Huckabee has said many times the Fair Tax is a flat tax, but it’s based on consumption rather than on punishing our productivity,” spokeswoman Alice Stewart said.
Another potential presidential contender, former Florida Gov. Jeb Bush, delivered a speech on taxes and income inequality this week in Detroit that reportedly included support for simplifying the tax code, but did not include specific policy proposals.
Critics of both flat tax and Fair Tax proposals dismiss them as regressive plans that would amount to tax cuts for higher-income households while increasing the tax burden on middle-class households. But conservatives argue that dramatically simplifying the tax code, or moving to a tax system focused more on consumption than earnings, would be more transparent, simpler and better for the economy in the long run.
Cal Jillson, a political science professor at Southern Methodist University, said discussion of flat taxes and consumption taxes works well politically with Republican voters, but described them as “pie-in-the-sky, no-way-in-hell” proposals that won’t ever muster enough support in Congress.
“When you talk about tax reform in an environment that is politically polarized as ours, it’s hard to see how you get majority support, let alone a bipartisan package that could be taken to the public by both parties,” Jillson said. “It’s a way of saying, ‘I have no sense of doing anything practical.’ ”
While Cruz and Rand Paul have already signaled their positions, Perry, who has been meeting with dozens of policy experts to prepare for a second White House run, may end up tweaking his earlier flat tax plan.
“He supports simplifying the tax code, lowering rates for working families, and closing loopholes,” spokeswoman Lucy Nashed said. “Gov. Perry is continuing to work on policy proposals and will announce specific ideas at the appropriate time.”
National Review: The FairTax Makes a Comeback
by: Ryan Lovelace
Republican senator David Perdue of Georgia sounds an awful lot like President Obama when he describes his plan to overhaul the tax code, which would repeal federal taxes and replace them with a consumption tax known as the “FairTax.”
“[The FairTax] really levels the playing field in that regardless of who you are, where you are, you’ll pay your fair share, and it will be the same amount,” Perdue tells NRO. “It will be equitable.”
Perdue couches his description of the FairTax in rhetorical terms — “levels the playing field,” “pay your fair share,” “equitable” — that could’ve come straight out of Obama’s State of the Union address, and that’s no accident. Whatever the political prospects of the proposal — it has failed over and over again when proposed in the past, and it is expected to meet a similar fate this time around — it could allow the GOP to seize the mantle of economic populism from the Democrats, and, in so doing, to “win” tax reform in the eyes of voters. That’s important, because tax-reform legislation is one of the few big, ostensibly bipartisan efforts the new Congress is expected to undertake, and the scramble to take credit for it ahead of the 2016 presidential election will be fierce.
The FairTax legislation put forward in the Senate by Perdue, his fellow Georgia Republican Johnny Isakson, and their colleague Jerry Moran (R., Kan.), was written with 2016 in mind. Perdue says that on Tuesday, before listening to Obama announce his desire to raise taxes once again, he and Isakson discussed the importance of their work in influencing the debate on tax reform. Perdue — the successful manager known for his ability to turn around businesses and revive brands – says he hopes to help move 2016 GOP presidential candidates in the direction of the FairTax.
The proposal itself is relatively simple: It would eliminate all federal income, payroll, gift, and estate taxes, and replace them with a 23 percent national sales tax. In addition to making the U.S. economy more competitive on a global scale and putting people back to work, the plan would strip the IRS of its ability to interfere in the lives of ordinary Americans, according to the conservative freshman from Georgia. Other longtime proponents of the idea agree, and argue that by replacing a system that taxes an individual’s earnings with one that exclusively taxes that same individual’s spending, it would allow each citizen the freedom to determine his own tax burden.
Perdue’s hopes for 2016 notwithstanding, the FairTax has not been a winning issue in past Republican presidential primaries. A number of GOP primary candidates, from Mike Huckabee in 2008 to Herman Cain in 2012, have failed to win the nomination while championing the proposal. And it will still be a loser come 2016, says Ryan Ellis, the tax-policy director at Grover Norquist’s Americans for Tax Reform. “If this thing [the FairTax] was going to catch on as the next great hot thing, it would have,” Ellis says. “It’s not a practical tax-reform plan for governing, it’s something that people wish, aspirationally, they could put out there.”
The tax-reform proposals with the best chance of succeeding in Congress — and helping Republican candidates win in 2016 — are those that move incrementally toward the FairTax’s goals without overhauling the system in one fell swoop, Ellis says. Such proposals would likely combine some of the FairTax’s reforms — such as repealing the death tax and capital-gains taxes — with measures aimed at broadening the tax base of higher-income individuals. The winning formula to achieve fundamental tax reform, according to Ellis, is a plan that is pro-growth, pro-family, and “paid for by, as much as you can, rich guys.”
But those who warn that the FairTax lacks political viability only give more motivation to Rob Woodall (R., Ga.), the lead sponsor of FairTax legislation in the House of Representatives.
“That’s what I love about this bill: Washington hates this bill,” Woodall says. “There are all sorts of forces in town that discourage this kind of giant reform, but it’s being marketed at a grassroots level.”
Woodall’s Georgia district has a history of electing FairTax proponents to Congress. Woodall’s seat was previously occupied by John Linder, a tireless champion who first introduced the FairTax bill in 1999, and reintroduced it in each new Congress until he retired in 2011. He never succeeded in changing the law, but he did quite a bit to build support in his home state.
As Americans for Fair Taxation president Steve Hayes tells it, Atlanta-based radio talk-show host Neal Boortz is largely responsible for getting the idea off the ground. Boortz wrote The FairTax Book with Linder and trumpeted his support for the reform to a southeastern audience who readily took to the idea. Hayes’s organization works to garner more support for the idea across the United States.
The “power base” of the FairTax proposal has moved out of the Southeast and into the Midwest, Woodall says. Moran’s support as a lead co-sponsor has helped the idea gain traction in Kansas. A top Moran aide who worked on the FairTax bill tells NRO that Moran began laying the groundwork to lead on this issue last year, as former Georgia senator Saxby Chambliss was preparing to retire. Chambliss was a staunch supporter of the FairTax, and the aide says the two offices worked behind the scenes to ensure that the push for tax reform would live on. Woodall thinks the geographical shift in support will help the idea flourish in California and the Northwest. Moreover, he wants to gather supporters in key 2016 Republican-primary states and grow grassroots support in order to influence the GOP’s agenda.
But the effort to sell the FairTax primarily to devoted conservatives has left others in the dark as to its possible benefits. Laurence Kotlikoff, an economics professor at Boston University, has studied the FairTax and thinks it is a more progressive proposal than people realize. Kotlikoff says lawmakers’ lack of experience in public finance has led to a misunderstanding of the FairTax. He adds that he thinks Democratic minority leader Nancy Pelosi might even come around to the idea, if she realized that it would help some of the people she purports to care about most: workers.
After years toiling under former Senate majority leader Harry Reid (D., Nev.), some conservatives have grown excited by the Senate’s movement on this issue. The Moran staffer thinks a total of 10 or 11 senators may ultimately support the proposal, including new members and others who have changed their minds. The number of original co-sponsors of the FairTax in the House has increased during each of the last three Congresses, peaking this year with 57 total supporters.
Barring an unforeseen shift in Congress’s priorities, though, the FairTax appears doomed to fail yet again. Woodall knows the effort is ill-fated, and says he won’t look someone in the eye and tell them that a GOP-led Congress will put the FairTax on the president’s desk — or that the president would ever sign it. For the time being, his goal is more modest: He hopes to harness the relatively small but growing support for the proposal, and to take its message to voters across the country, showing his fellow Republicans that populist economic policies can win back the White House in 2016.
“This is a mission to change the way people think about the tax code,” he says. “It’s kind of a crazy idea until you look at it and you say, ‘Golly, why haven’t we done that already?’ Because we know that we can’t win Washington until we win the American voter across the country.” –
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Story 1: Breaking News — Tsarnaev Sentenced To Death — Bring Back Prompt Public Executions — Hillary Clinton’s War On Babies A Woman’s Right To Kill Her Baby In The Womb — We Need To Kill More Black Babies? — Black Genocide and Eugenics Through Planned Parenthood — Videos
Abortion — Killing Babies in The Womb
“it’s not enough to legalize the procedure.
Far too many women are denied access to reproductive health care and safe childbirth, and laws don’t count for much if they’re not enforced.
And deep-seated cultural codes, religious beliefs and structural biases have to be changed.’
~ Hillary Clinton
I admire Margaret Sanger enormously, her courage, her tenacity, her vision,”
“I am really in awe of her, there are a lot of lessons we can learn from her life”
~ Hillary Clinton
Boston Marathon bomber Dzhokhar Tsarnaev sentenced to death
Boston Bomber Dzhokhar Tsarnaev Sentenced to Death
Boston Marathon Bomber “Dzhokhar Tsarnaev” Gets Death Penalty!
WestVirginia @150 – The Last Public Hanging in West Virginia 1897
Execution of N. Korea defense chief shows cruelty of regime： U.S. State Department
Hillary Clinton Says Religious Beliefs About Abortion Have to be Changed
Would Girl Scouts Want Cookie Ovens Heated with Aborted Kids?
Eugenics, Planned Parenthood & Psychology, Mind Control
Sex Control Police State, Eugenics, Galton, Kantsaywhere, Mind Control Report
The American Eugenics Society and Adolf Hitler: Making the blueprint for a genetic revolution
PJTV — Forgotten Newsreel History: Margaret Sanger Declaring ‘No More Babies’
Margaret Sanger, Planned Parenthood’s Racist Founder
Dr Angela Franks- Planned Parenthood:Everything You Didn’t Know
Hillary Clinton admires Margaret Sanger’s Planned Parenthood
Beck Reveals Hillary’s Misinformation About Margaret Sanger (Eugenics) & Thomas Jefferson (Slaves)
Planned Parenthood Exposed
The “exterminator” Planned Parenthood and Margaret Sanger
VERY REVEALING Margaret Sanger Interview MUST SEE ! PLANNED PARENTHOOD
Abortion and Black Genocide (Barack Obama and the Negro Project)
Eugenics in America: Then & Now
Eugenics Glenn Beck w/ Edwin Black author of “War Against the Weak” talk Al Gore & Margaret Sanger
EUGENICS! PLANNED PARENTHOOD’s ROOTS &Socialism’s Ideology
MAAFA 21 [A documentary on eugenics and genocide]
American Eugenics movement, the truth is here, must see!
Scientific Racism The Eugenics of Social Darwinism
Harvest of Despair Soviet Communism engineered Ukraine Famine Genocide 1933)
USSR, The Genocidal Communist Empire (FULL video)
The Bloody History of Communism Full
BBC’s World at War- The Final Solution part 1
BBC’s World at War- The Final Solution part 2
Mao’s Bloody Revolution
Mao’s Great Famine HDTV great leap foward, history of china
Stephanopoulos Discloses $75K Donation To Clinton Foundation
Peter Schweizer This Week Abc Stephanopoulos Challenges Clinton Cash Author Is There a Smoking Gun
George Stephanopoulos Apologizes on ‘GMA’ For Not Disclosing Clinton Foundation Donations
Should George Stephanopoulos Be Fired?
Stephanopoulos: “Bill Clinton has no character problem”
Three Reasons: The War Room
The War Room (1993)
George Stephanopoulos Interview, describing Clinton 2 of 2
The War Room Trailer
THE WAR ROOM with D.A. Pennebaker
Marvin Gaye “What’s Going On – What’s Happening Brother”
B.B. King – Blues Boys Tune
B. B. King – The Thrill Is Gone (Live at Montreux 1993)
Rock Me Baby-BB King/Eric Clapton/Buddy Guy/Jim Vaughn
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Hillary Clinton’s keynote address at the 2015 Women in the World Summit
The presidential hopeful made her sixth appearance at the Women in the World Summit with a keynote address that challenged viewers to be champions for change.
Tsarnaev sentenced to death
By Milton J. Valencia, Patricia Wen, Kevin Cullen, John R. Ellement and Martin Finucane
Dzhokhar Tsarnaev was sentenced to death Friday for his role in the 2013 Boston Marathon bombing, the terror attack on the finish line of the storied race that killed three people and injured more than 260 others.
Tsarnaev, 21, had been convicted last month in US District Court in Boston of 17 charges that carried the possibility of the death penalty.
The death sentence handed down Friday by the seven-woman, five-man jury came at the end of a lengthy, high-profile trial. Tsarnaev, who had taken a sharp turn from hopeful immigrant college student to radical jihadist, also was convicted in the murder of a police officer.
The April 15, 2013, bombing was one of the worst terror attacks in the United States since Sept. 11, 2001.
Wearing a blazer and a collared shirt, Tsarnaev, as has been his habit for most of the trial, had no expression as a court clerk read the verdict sentencing him to death. The jury took 14 1/2 hours over three days to render its decision on the penalty.
Explore the evidence from the trial
A look at the witnesses, evidence, and key players in the trial.
Tsarnaev sentencing verdict form
Live updates from the courtroom
US District Judge George A. O’Toole Jr. will impose the sentence at a hearing where Tsarnaev’s victims will be able to confront him and he also has the option of addressing the court.
After the verdict was announced, O’Toole told jurors, at least three of whom wiped away tears, “You should be justly proud of your service in this case.”
Those in the courtroom included Bill and Denise Richard, parents of 8-year-old Martin Richard of Dorchester, the youngest victim of the attack. Despite the devastating impact on their family, the Richards had called for life in prison, rather than death, for Tsarnaev.
Federal prosecutors said Tsarnaev was a remorseless self-radicalized terrorist who had participated in the bombing to make a political statement. Defense attorneys, seeking to save Tsarnaev’s life, portrayed him as the puppy dog-like follower of his troubled, violence-prone older brother, Tamerlan, who became obsessed with waging jihad and died in a firefight with police.
The jurors decided Dzhokhar Tsarnaev should be sentenced to death for the people he was found directly responsible for killing when he placed one of the two homemade pressure cooker bombs: Martin Richard and 23-year-old Boston University graduate student Lingzi Lu.
The panel also had the right to sentence Tsarnaev to death for the second bomb placed by Tamerlan Tsarnaev, which killed Krystle Campbell, 29, of Arlington. But the jury chose not to impose the death penalty for her death.
The jurors also decided against imposing the death penalty for the subsequent murder of MIT Police Officer Sean A. Collier, whom the defense argued was shot to death by Tamerlan, not Dzhokhar.
The response to the death sentence was immediate from some of the hundreds of people who were injured.
One of those who turned to social media to share their views was Sydney Corcoran, who was seriously injured along with her mother, Celeste, who lost both legs in the blast.
“My mother and I think that NOW he will go away and we will be able to move on. Justice,’’ Sydney Corcoran wrote on the Twitter account. “In his own words, ‘an eye for an eye.’ “
Boston Mayor Martin J. Walsh said in a statement that the “verdict provides a small amount of closure to the survivors, families, and all impacted by the violent and tragic events surrounding the 2013 Boston Marathon.’’
“We will forever remember and honor those who lost their lives and were affected by those senseless acts of violence on our City,’’ Walsh said. “Today, more than ever, we know that Boston is a City of hope, strength and resilience, that can overcome any challenge.”
Dzhokhar Tsarnaev was convicted last month of 30 charges, including 17 that carried a possible death penalty, in the first phase of the two-phase federal death penalty trial.
The defense never contested his guilt, focusing instead on the second phase of the trial, in which the jury was asked to determine whether Tsarnaev should get life in prison without parole or a death sentence. Over 11 days of testimony jurors heard from more than 60 witnesses, most of them called by the defense in an effort to humanize Tsarnaev.
Tsarnaev did not testify himself during either phase, showing little emotion as he sat in the courtroom, leaving him an inscrutable figure to the jury that decided his fate.
But in a statement he wrote when he was hiding from police several days after the bombing, he said he had acted because the US government was “killing our innocent civilians. … We Muslims are one body, you hurt one you hurt us all.”
Prosecutor Steven Mellin, in his closing argument, cited a line from the note that said, “Now I don’t like killing innocent people, but in this case it is allowed.”
“These are the words of a terrorist who thought he did the right thing,” Mellin told jurors. “His actions have earned him a sentence of death.”
Defense attorney Judy Clarke suggested that Tsarnaev’s parents were emotionally, and later physically, absent from his life, and that Tamerlan had filled the void.
The root cause of the violence that erupted on Boylston Street on April 15, 2013, was Tamerlan, Clarke said.
“Dzhokhar would not have done this but for Tamerlan,” she said.
“We’re asking you to choose life,” she said. “Yes, even for the Boston Marathon bomber. It’s a sentence that reflects justice and mercy.”
The homemade pressure cooker bombs planted by the Tsarnaev brothers went off just before 3 p.m. at the race, a colorful rite of spring in which thousands of runners, including top competitors from around the world, stream down the course into the heart of the city.
In addition to the three people killed, more than 260 others were injured, including 17 who lost limbs. First responders and people in the crowd rushed forward to help, and the city’s renowned medical community saved lives that were hanging by a thread.
A massive manhunt followed that ended several days later in a violent, chaotic showdown. After authorities released their pictures, Tsarnaev, who was 19 at the time, and his 26-year-old brother murdered Collier while he sat in his cruiser on the night of April 18, 2013, in an unsuccessful attempt to get a second gun.
When police caught up with the brothers in Watertown, just outside the city, in the early hours of April 19, the brothers hurled more deadly bombs and fired dozens of shots at police. Tamerlan Tsarnaev died after being shot by police and run over by his own brother as he made his escape.
Dzhokhar Tsarnaev slipped away from the legions of police who swarmed to the area as the governor, in an unprecedented step, urged residents of Boston, Watertown and other nearby areas to stay indoors and “shelter in place.” But Tsarnaev was ultimately captured later in the day, hiding in a boat stored in a Watertown back yard, where he had written the note explaining his actions. A stunned region breathed a sigh of relief.
People in Boston and beyond rallied together after the attacks, expressing sympathy and offering support to the bombing victims. At the same time, questions were raised and investigations launched into why the attacks weren’t prevented.
One mystery remaining at the heart of the case was how Dzhokhar Tsarnaev transformed from a hard-working teenager to a failing college student who joined a deadly terrorist plot.
“If you expect me to have an answer, a simple clean answer, I don’t have it,” Clarke said in her closing argument.
Tsarnaev arrived in America with his family when he was 9 years old. Jurors heard from his teachers in Cambridge that as a young boy, he was an A student, smart, popular, and kind. He became captain of the Cambridge Rindge and Latin School wrestling team and went on to the University of Massachusetts Dartmouth, and witnesses described him as a laid-back, and fun-loving college student.
But jurors also heard about Tsarnaev’s upbringing in a dysfunctional immigrant Chechen family that held to old cultural traditions that gave outsized rank to the oldest brother. And an expert on Chechnya described how that country’s struggles for independence became intertwined over the last two decades with the global jihad movement by Islamic militants.
When his parents returned to Russia in 2012, the jihad-obsessed Tamerlan was the only adult figure in his life, the defense said.
Prosecutors rejected the idea that Tamerlan Tsarnaev had influenced his young brother.
“These weren’t youthful crimes,” said prosecutor William Weinreb. “There was nothing immature or impulsive about them. These were political crimes, designed to punish the United States . . . by killing and mutilating innocent civilians on US soil.”
Governor Charlie Baker met reporters at the State House after the verdict, but refused to say whether he believed the death sentence was the right choice to have been made. Instead, he said, the verdict resulted from the persistence of the 12 jurors who were in court day after day and for 10 weeks.
“This was their call,’’ he said.
As a parent and husband, Baker said he was stunned by the “randomness” of the bombings. He also said that the region would be reminded about the bombings every April when the Marathon is held.
“I think it will be a long time before this event and all that came with it ever lands in my rear view mirror,’’ Baker said. “It changed the Marathon and thereby by definition, changed Boston as well.’’
He said that he hopes some closure, some healing will be forthcoming for anyone connected to the bombings.
Hillary Clinton Reaffirms Her Commitment to Women’s Rights
At Tina Brown’s Women in the World conference, the presidential hopeful spoke about the obstacles women still face in this country and abroad.
Today at Tina Brown’s Women in the World summit, presidential hopeful and former Secretary of State Hillary Clinton took the stage to reaffirm her commitment to women’s and girls’ rights, and outlined what will likely be her talking points on women, girls, and minorities as she travels the country trying to gain voter support in the coming months.
“It’s not just enough for some women to get ahead,” Clinton said, adding that all women need support, “no matter where you live and who you are.”
Clinton outlined issues facing women from birth through retirement, noting that “all the evidence tells us that despite the enormous obstacles that remain, there has never been a better time in history to be born female.” But when women enter the workforce, she said, they face a pay gap, which is particularly wide for women of color. She pointed to the recent Hobby Lobby Supreme Court decision to assert that a woman’s boss should not determine what kind of health care she can access.Sexual assault on college campuses and in the military remains a pressing issue in need of legislative solutions, Clinton said. And she criticized discrimination in retirement benefits, saying, “When we deny women access to retirement that is secure, when we continue as we do to discriminate against women in the Social Security system, we are leaving too many women on their own.”
The way forward, Clinton said — and presumably what she will campaign on — is to embrace those who have long been marginalized in American society.
“We move forward when gay and transgender women are embraced as our colleagues and friends, not fired from good jobs because of who they love and who they are,” she said. Immigrants too, Clinton said, need protections and a path to citizenship. Striking a populist tone, Clinton highlighted economic inequality and the value of closing the wage gap — not just for women and their families, but for the U.S. economy as a whole.
Tina Brown’s Women in the World is a global conference, and Clinton emphasized her longtime advocacy for international women’s rights. She famously spoke at the 1995 Beijing conference on women’s rights, where she declared, “Women’s rights are human rights once and for all.” And at Women in the World today, she not only focused heavily on a domestic agenda centered on women’s rights, but mentioned her Beijing work, saying that when she gave her speech back in 1995, 189 countries came together to declare that “human rights are women rights and women rights are human rights, once and for all. And finally, the world began to listen.”
But, Clinton said, “Despite all this progress, we’re just not there yet. Yes, we’ve nearly closed the global gender gap in primary school, but secondary school remains out of reach for so many girls around the world. Yes, we’ve increased the number of countries prohibiting domestic violence, but still more than half the nations in the world have no such laws on the books, and an estimated one in three women still experience violence. Yes, we’ve cut the maternal mortality rate in half, but far too many women are still denied critical access to reproductive health care and safe childbirth.”
Clinton announced her run for president earlier this month and is the presumptive Democratic nominee. But when she sought the Democratic nomination for president in 2008, she moved away from her women’s rights bona fides, staking out a more gender-neutral position.
Now, running again eight years later, Clinton may be more inclined to embrace her potentially historic role as the first female candidate for president from a major political party. A month before she announced her intent to run, Clinton gave the keynote speech at the anniversary gala of EMILY’s List, an organization that raises money for pro-choice female politicians.
The Women in the World speech focused on women and girls, handily avoiding any mention ofallegations of inappropriate relationships between governments Clinton dealt with at the State Department and her family’s nonprofit, the Clinton Foundation. Those allegations originated in a book called Clinton Cash written by a Republican consultant, and the accusations of unethical behavior are now being investigated further by several media outlets, including The New York Times and TheWashington Post.
The Women in the World conference runs through Friday and features a long list of female activists and celebrities, including actresses Meryl Streep, Ashley Judd, Robin Wright, and Friedo Pinto; journalists Katie Couric, Poppy Harlow, Nora O’Donnell, and Mika Brzezinski; writers Tavi Gevinson, Jon Krakauer, and Janet Mock; and political leaders Kirsten Gillibrand and Kamala Harris.
Why Hillary Clinton’s pro-choice stance is incredibly racist
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Story 2: Tea Party Traitor and Neoconservative Republican Poster Boy Marco Rubio Running For President in 2016 and For Government Intervention In The Middle East — Courts Mitt Romney Endorsement — Kiss of Death — Video
Sen. Marco Rubio announces presidential run
Sen. Marco Rubio Announces 2016 Presidential Bid • 4/13/15 •
Marco Rubio Announces 2016 Presidential Bid
Sen Marco Rubio announces presidential bid
Michelle Malkin calls out Marco Rubio for “posing as a Tea Party spokesman”
Rand Paul, Marco Rubio, Ted Cruz fight on the Senate floor
Laura Ingraham Confronts Marco Rubio Over Immigration Reform: ‘Stop Dividing The Republican Party’
Ann Coulter blasts immigration bill, Rubio – Rubio is the Jack Kevorkian of the Republican Party
Ann Coulter trashes Marco Rubio
Brit Hume and Laura Ingraham argue about Marco Rubio
Mark Levin grills Marco Rubio on immigration proposal
A Conversation with Senator Marco Rubio
Marco Rubio (American Neocon) on Iran “No option should be off the table”
Marco Rubio Is a Polished Performer, but He’s Out of Position
Why You Should NOT Vote For Marco Rubio In 2016
Marco Rubio Grills Hillary Clinton About Benghazi (Testimony)
Mark Levin: “I despise the neocons! I am not a neocon!”
Neoconservatism: An Obituary for an Idea (Cato Institute Book Forum, 2011)
Congressman Ron Paul, MD – We’ve Been NeoConned
Rubio jumps into White House race with jab at Hillary Clinton
By Ben Kamisar
Sen. Marco Rubio (R-Fla.) on Monday entered the race for the White House, telling donors on a conference call that he is “uniquely qualified” to lead the Republican Party into battle against Hillary Clinton in 2016.
“I feel uniquely qualified to not just make that argument, but to outline the policies that we need to have in order to achieve it,” Rubio told the donors, according to The Associated Press.
Portraying Clinton as a candidate of the past, Rubio, 43, talked about the opportunity awaiting the GOP as it seeks to recapture the White House after eight years out of power.
“The Republican Party, for the first time in a long time, has a chance in this election to be the party of the future,” Rubio said on the call.
“Just yesterday, we heard from a leader from yesterday who wants to take us back to yesterday, but I feel that this country has always been about tomorrow.”
Rubio is expected to officially launch his candidacy Monday evening in Miami against the backdrop of the Freedom Tower, a setting that will give him a chance to tout his heritage as the son of Cuban parents who fled to America in the 1950s.
The Florida senator, who is serving in only his first term, is entering an increasingly crowded GOP field that already includes Sens. Ted Cruz (Texas) and Rand Paul (Ky.). A host of other candidates are waiting in the wings, including Wisconsin Gov. Scott Walker and former Florida Gov. Jeb Bush.
It had long been thought that Rubio would not run for the White House against Bush, given their personal history and shared base of support in the Florida Republican Party.
But much like Obama in 2008, Rubio appears willing to gamble his political future on the notion that his party will be looking for a fresh face, particularly given the GOP’s difficulty in attracting minority voters in the last two presidential elections.
If elected, Rubio would become the first Hispanic president in American history.
Rubio told ABC News’ George Stephanopoulos in an interview Monday that he believes he’s “absolutely” the best candidate for the Oval Office.
“I think the 21st century can be the American century, and I believe that I can lead this country in that direction,” he said.
Rubio is trying to generate buzz for his presidential campaign the day after Clinton jumped into the race with an online video where she declared her desire to be the “champion” of “everyday Americans.”
While Clinton’s rollout could overshadow Rubio’s, it could also play to his advantage by allowing him to draw a contrast with the former secretary of State, who has been a presence on the national stage for nearly three decades.
Thus far in the race, Rubio is polling outside the top tier of Republicans hopefuls.
But Rubio, a staunch conservative who was deemed a rising star after his election victory in 2010, is very well liked among Republican voters. Recent numbers from Democratic Public Policy Polling found that 55 percent had a favorable view of him, the highest of any potential GOP candidate.
Still, in order to win the nomination, Rubio will have to assure conservatives who were turned off by his involvement in the Senate’s failed immigration reform effort in 2013.
Rubio helped write a bill with Democrats that passed the Senate but died in the House after an outpouring of conservative opposition.
He has tried to make amends for his role crafting that bill, telling activists in February that he’s “learned” from the experience that securing the border must come first.
“You can’t just tell people you’re going to secure the border. … You have to do that, they have to see it, they have to see it working, and then they’re going to have a reasonable conversation with you about the other parts, but they’re not going to even want to talk about that until that’s done first,” he said at the Conservative Political Action Conference.
Rubio is expected to make foreign policy one of the centerpieces of his campaign, and has emerged as one of the most vocal critics of Obama’s move to normalize diplomatic relations with Cuba.
Following his campaign launch, Rubio will return to Washington for Senate business, including a high-profile Foreign Relations Committee hearing on Iran.
On Friday, he’ll head to New Hampshire for a full day of campaigning in the critical primary state.
Mitt Romney warms to Marco Rubio as young senator cultivates relationship
By Robert Costa and Philip Rucker
Sen. Marco Rubio has been cultivating a relationship with Mitt Romney and his intimates, landing some of the 2012 Republican nominee’s top advisers and donors and persistently courting others as he readies an expected 2016 presidential campaign.
In a crowded field of contenders, the imprimatur of Romney could help clear Rubio’s path into the top tier. Since Romney announced in January that he would not run for the White House again, he and Rubio have had at least two lengthy phone calls in which Romney encouraged and mentored the 43-year-old Florida senator about the political landscape, according to a Romney associate.
[ Rubio is the ‘upside’ candidate of 2016 ]
Rubio and Romney have built a warm and trusting rapport, in contrast to the frostiness that exists between Romney and the two current GOP front-runners, former Florida governor Jeb Bush and Wisconsin Gov. Scott Walker. When Romney said in January that it was time to turn to the “next generation of Republican leaders,” it was widely interpreted as a swipe at Bush and a boost to a fresher face, such as Rubio.
In one-on-one meetings and communications with members of Romney’s inner circle, Rubio has impressed them with what they see as his compelling personal story, his depth and positions on policies, and his respect for Romney and his legacy in the Republican Party.
For Rubio, winning over key elements of the Romney coalition could give him a stronger foundation for a competitive campaign. But the support from Romney’s team alone would not guarantee Rubio success against Bush’s well-funded juggernaut or Walker’s grass-roots appeal.
Rubio has signed up two prominent former Romney officials in recent weeks. Rich Beeson, Romney’s 2012 national political director, has been tapped as Rubio’s likely deputy campaign manager, while Jim Merrill, Romney’s longtime New Hampshire strategist, is on board to play the same role for Rubio.
“For me, his substance, his skill and his story really stuck out,” Merrill said. “I always said if Mitt had decided to run again, I’d be with him. But when he decided not to go, I took a careful look at the field, and Marco represents the next generation of Republican leadership.”
Rubio’s courtship has been particularly intense with Spencer Zwick, who served as national finance chairman of Romney’s $1 billion campaign and is seen as the keeper of the Romney flame. Zwick said in an interview that the senator solicits advice from him regularly in phone calls, e-mails and text messages.
Rubio asks Zwick about how to assemble a campaign infrastructure and win the nomination, about lessons learned from Romney’s 2012 loss. Both fathers of young children, the two men talk about their families, too.
Zwick said he remains unaffiliated in the 2016 sweepstakes, but heaped praise on Rubio.
“Have you watched him speak?” Zwick asked. “This guy gives a message about the American dream that is compelling. People can say, ‘Oh, it’s the same speech every time,’ but you know what? Ronald Reagan did that, too, and it happened to work.”
Zwick called Rubio “an astute politician and a genuine person,” saying he “is universally well-liked by donors.”
Still, Bush has established himself early as the 2016 field’s fundraising dynamo, signing up many of Romney’s biggest bundlers, especially in New York and Florida, where he threatens to squeeze Rubio out.
A handful of former senior Romney aides and advisers have fanned out to work for an array of likely candidates besides Rubio, including Bush, Walker, former Texas governor Rick Perry, New Jersey Gov. Chris Christie and Louisiana Gov. Bobby Jindal.
The biggest Romney fundraiser helping Rubio is Wayne Berman, a fixture in GOP fundraising circles and a co-chairman of Romney’s 2012 national finance committee. Many Romney loyalists — including friends and associates from Bain Capital, the Mormon Church or the Salt Lake City Olympics — have stayed unaffiliated and are looking for signals of Romney’s preference.
Romney is unlikely to endorse a candidate anytime soon and has invited most of the GOP 2016 field to his annual policy summit with top donors and business leaders in June in Park City, Utah, where Romney has a home.
Rubio also has roots in the Mountain West. Although he was born into the Catholic Church, Rubio lived for several years of his childhood in Las Vegas and, during that time, was baptized in the Mormon Church. In his teen years, he and his family returned to Florida and rejoined the Catholic Church, although many of Rubio’s cousins remain affiliated with the Church of Jesus Christ of Latter-day Saints.
Some Romney loyalists harbor bad feelings about several candidates. Privately, they say Bush was not as active in his support as they expected in 2012 and that they think he tried to muscle Romney out of the 2016 race in January.
They hold a grudge against Walker for sharply criticizing Romney in his 2013 book, “Unintimidated,” for doing “a lousy job” connecting with voters. And many Romney insiders were steamed at Christie for his high-profile embrace of President Obama, after Hurricane Sandy devastated the Jersey Shore in the final week of the campaign.
By contrast, Romney’s allies almost universally praise Rubio, who was vetted as a possible vice-presidential pick and worked on Romney’s behalf during the campaign. They singled out his prime-time speech — introducing Romney — at the 2012 Republican National Convention in Tampa.
“He was an exceptional surrogate,” said Matt Waldrip, a former Romney finance aide and Zwick associate. “When he went to events, people showed up. He packed the house, whether fundraising or otherwise. He did whatever we asked him to,
clearly interested in helping the cause and helping the ticket.”
On Tuesday, Rubio met at the Russell Senate Office Building in Washington for an hour with Lanhee Chen, Romney’s former policy director, who remains an adviser and friend. Chen said he was impressed by Rubio’s preparation for the meeting, which focused on foreign and domestic policy, as well as his depth on the issues.
“Senator Rubio has spent the last several years developing thoughtful conservative policy solutions, and he has a personal story that makes those solutions even more compelling,” Chen said.
Rubio’s camp has been in touch with other Romney associates, includingPeter Flaherty, a former Boston prosecutor who for years was Romney’s chief liaison to conservative movement leaders. Those talks have been informal, and Flaherty, like Chen and Zwick, remains uncommitted to a 2016 candidate.
“It’s elbow grease,” said one Romney confidant who spoke on the condition of anonymity to talk candidly about Rubio’s outreach. “Marco’s actually picking up the phone and calling people, saying, ‘Listen, I want to introduce myself and tell you who I am and what I stand for.’ It’s good politics.”
Terry Sullivan — who ran Romney’s South Carolina primary campaign in 2008 and for years has been a top Rubio adviser — has been helping him facilitate his outreach into Romney’s world. Sullivan is executive director of Rubio’s Reclaim America PAC and is his likely campaign manager. Rubio’s Senate chief of staff, Alberto Martinez, was a Florida-based adviser to Romney’s campaign in 2012.
Rubio is expected to formally launch his presidential bid next month, although aides stressed this week that no final decision has been made on the timing or venue. His advisers are preparing for a long and steady race, with a focus on laying the groundwork in the early-voting states.
Although he has been overshadowed recently by Bush and Walker, Rubio has generated some buzz among Republican insiders. His speeches at recent donor conclaves, including at the Club for Growth last month in Palm Beach, Fla., drew rave reviews.
Rubio has said he can raise the funds needed to mount a serious presidential bid. Norman Braman, a billionaire South Florida auto dealer, is expected to donate as much as $10 million to Rubio and his anticipated super PAC.
Rubio has his own national donor network, which he began cultivating in his upstart 2010 Senate campaign. The group includes donors who participate in the political network organized by industrialists Charles and David Koch, whose California meeting Rubio addressed in January.
But Rubio is making inroads elsewhere, too. He dined alone last week in Washington with Sheldon Adelson, the billionaire Las Vegas casino magnate who spent tens of millions of dollars trying to elect Romney in 2012.
Sen. Roy Blunt (R-Mo.), who was Romney’s liaison on Capitol Hill in 2012, recently explained why so many Republican insiders find Rubio appealing.
“I often have a vision of Marco in the cloakroom of the Senate, when not much is going on, trying to watch his son’s football games on his smartphone,” he said.
Blunt then used a descriptor that few would have applied to Romney: “humanizing.”
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PDF of Book
Rothbard provides a succinct account of the origins of money, showing how money must originate from a commodity. Banking originated from goldsmiths, who issued warehouse receipts for gold deposited with them. From this a fractional reserve system developed, inherently prone to monetary expansion and panic.
In the late nineteenth century, a movement toward bank centralization arose among both “progressives” and bankers, the latter eager to increase their profits. From these plans, the Federal Reserve System developed. Rothbard shows the dominate influence of the banking House of Morgan at the Fed’s inception. During the New Deal, Rockefeller interests took first place in influence, with the Morgan interests reduced to a subordinate though still potent role.
The book concludes with an account of the Fed’s role in causing inflation and the business cycle. Abolition of this nefarious agency must be part of any agenda for genuine financial reform.
Milton Friedman – Abolish The Fed
Milton Friedman: The Purpose of the Federal Reserve
Milton Friedman teaches Monetary Policy
Milton Friedman on Money / Monetary Policy (Federal Reserve) Part 1
Milton Friedman on Money / Monetary Policy (Federal Reserve) Part 2
FIAT EMPIRE: Why the Federal Reserve Violates the U.S. Constitution
The Creature From Jekyll Island (by G. Edward Griffin)
G. Edward Griffin – The Collectivist Conspiracy
“If America Doesn’t ABOLISH the FED, the FED will ABOLISH America” | G. Edward Griffin
Thomas Sowell: Federal Reserve a ‘Cancer’
Experts Agree – The Fed Must End!
Establishment is Afraid of End The Fed Movement in Germany
Incredible Speech By Wall Street Protester End The Fed 2011
End the Fed
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