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

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Pronk Pops Show 444: April 13, 2015

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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

marco rubio cartoonrubiorubio immigrationrubio cartoon immigrationrubio cartoon 2marco-rubio immigration Rubio puppet
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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

 

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.

http://thehill.com/blogs/ballot-box/presidential-races/238595-report-rubio-announces-candidacy

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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Muslim Brotherhood in America — Videos

Posted on August 19, 2013. Filed under: American History, Babies, Blogroll, Business, Communications, Crime, Cult, Economics, Federal Government, Foreign Policy, Genocide, government spending, history, Islam, Islam, Language, Law, liberty, Life, Links, People, Philosophy, Politics, Raves, Religion, Resources, Shite, Strategy, Sunni, Talk Radio, Terrorism, Video, War, Wealth, Wisdom | Tags: , , , , , , , , , , , , |

 

7-Muslim-Brotherhood-Murfre (1)

Muslim Brotherhood in America, Part 1: The Threat Doctrine of Shariah & the Muslim Brotherhood

Muslim Brotherhood in America, Part 2: ‘Civilization Jihad’ in America

Muslim Brotherhood in America, Part 3: Influence Operations Against Conservatives & the GOP

Muslim Brotherhood in America, Part 4: Suhail Khan, A Case Study in Influence Operations

Muslim Brotherhood in America, Part 5: The Organizations Islamists Are Using to Subvert the Right

Muslim Brotherhood in America, Part 6: Electing Islamist Republicans

Muslim Brotherhood in America, Part 7: Advancing the Islamists’ Agendas

Muslim Brotherhood in America, Part 8: Team Obama & the Islamists

Muslim Brotherhood in America, Part 9: Team Obama & the Islamist Agenda

Muslim Brotherhood in America, Part 10: What’s To Be Done?

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David Stockman — The Great Deformation: The Corruption of Capitalism in America — Videos

Posted on April 1, 2013. Filed under: American History, Banking, Blogroll, Business, College, Communications, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, history, Inflation, Language, Law, liberty, Life, Links, media, Monetary Policy, Money, People, Philosophy, Politics, Psychology, Public Sector, Radio, Raves, Tax Policy, Taxes, Technology, Unions, Video, War, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , |

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Fed Is Deadly ‘Instrument of Speculation’: Stockman

Stockman, Orszag in budget battle royale

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David Stockman on Federal Reserve Arrogance and Monetary Mission Creep!

2012-07-16 Bloomberg TV. Stockman: We’re Heading Toward Recession, Paralysis Video

The Forgotten Cause of Sound Money | David Stockman

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

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

David Stockman, The Great Deformation

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Gold Standard

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

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

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

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

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

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

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

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Armed Chinese Troops in Texas!–Ron Paul’s Nationl Defense and Foreign Policy–Videos

Posted on December 16, 2011. Filed under: Uncategorized | Tags: , , , , , |

Armed Chinese Troops in Texas!

Ron Paul: What if the People Wake Up?

Ron Paul – Plan  Ad 2

New Ron Paul 2012 Ad – Big Dog

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More GORE–Great Obama Recession Economy–Government Treasury Securites Downgraded From AAA to AA+ With A Negative Outlook By Standard & Poor’s Rating Agency–Too Little Too Late–The Austrian School of Economics Was Right!–Videos

Posted on August 6, 2011. Filed under: Blogroll, Communications, Life, Links, People, Philosophy, Politics, Private Sector, Public Sector, Rants, Raves, Security, Strategy, Talk Radio, Taxes, Unemployment, Unions, Video, War, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , |

 

 

Research Update:
United States of America Long-Term Rating
Lowered To ‘AA+’ On Political Risks And
Rising Debt Burden; Outlook Negative

Overview

· We have lowered our long-term sovereign credit rating on the United
States of America to ‘AA+’ from ‘AAA’ and affirmed the ‘A-1+’ short-term
rating.
· We have also removed both the short- and long-term ratings from
CreditWatch negative.
· The downgrade reflects our opinion that the fiscal consolidation plan
that Congress and the Administration recently agreed to falls short of
what, in our view, would be necessary to stabilize the government’s
medium-term debt dynamics.
· More broadly, the downgrade reflects our view that the effectiveness,
stability, and predictability of American policymaking and political
institutions have weakened at a time of ongoing fiscal and economic
challenges to a degree more than we envisioned when we assigned a
negative outlook to the rating on April 18, 2011.
· Since then, we have changed our view of the difficulties in bridging the
gulf between the political parties over fiscal policy, which makes us
pessimistic about the capacity of Congress and the Administration to be
able to leverage their agreement this week into a broader fiscal
consolidation plan that stabilizes the government’s debt dynamics any
time soon.
· The outlook on the long-term rating is negative. We could lower the
long-term rating to ‘AA’ within the next two years if we see that less
reduction in spending than agreed to, higher interest rates, or new
fiscal pressures during the period result in a higher general government
debt trajectory than we currently assume in our base case. 

http://www.standardandpoors.com/servlet/BlobServer?blobheadername3=MDT-Type&blobcol=urldata&blobtable=MungoBlobs&blobheadervalue2=inline%3B+filename%3DUS_Downgraded_AA%2B.pdf&blobheadername2=Content-Disposition&blobheadervalue1=application%2Fpdf&blobkey=id&blobheadername1=content-type&blobwhere=1243942957443&blobheadervalue3=UTF-8

President Obama’s Statement on Credit Downgrade  

 

 

Peter Schiff: Welcome to the Twilight Zone

 

 

Obama Has Dictatorial Power To Confiscate Europe’s Gold

 

S&P: Why we downgraded the U.S.

 

 Ron Paul On Neil Cavuto: Talks about The AAA Rating Downgrade To AA+

 

S&P Downgrades US Credit Rating From AAA

 

S&P Downgrades US Credit Rating (First Time IN HISTORY)

 

Deficits, Debts and Unfunded Liabilities: The Consequences of Excessive Government Spending

 

 

The Austrians Were Right

 

Peter Schiff on Charles Adler (8/5/11)

 

 

“The market going down has nothing to do with S&P downgrade” Jim Rogers

 

The Fed’s ‘Fictitious’ Debt – Can the US Treasury just stiff the fed?

 

Peter Schiff On Freedom Watch- 1 8 2011 – The US will default through inflation

 

Peter Schiff – ‘Recession is coming back’

 

Peter Schiff: More Money is about to be Dropped from Helicopters

 

AAA-rmageddon: S&P downgrade knocks off US credit crown

 

S&P downgrades US debt outlook-On the Edge with Max Keiser-04-29-2011-(Part1)  

S&P downgrades US debt outlook-On the Edge with Max Keiser-04-29-2011-(Part2)

 

Interview on Credit Rating Agencies

 

The essence of the problem is simply massive Federal Government spending  and not too little tax revenues.

President Obama’s is one of the primary causes of the problem with his ridiculous budget proposal that was voted down in the Senate by 97 Senators voting No!

President  Obama’s call for a  ” balanced approach” to the budget or massive tax increases in 2013 and beyond as the economy enters another recession is a firm indication that he is an economic illiterate, out of touch with economic reality and deserves to be fired next November for incompetence and the damage his economic policies to the American people.

Instead of running deficits over the next ten years of $7,000 to $8,000 billion and increasing the national debt by another $7,000 to $8,000 billion, the size of the Federal Governments needs to cut by about 30% to 50% and the national debt reduced over the several decades.

This would require actually cutting entitlement programs ( Social Security, Medicare, Medicaid, and welfare), national defense spending, and all other spending by permanently closing between eight to ten Federal Departments, many agencies, and hundreds of government programs.

Also the Federal income tax system needs to be replaced by the FairTax to encourage economic growth by increasing savings and investment which would in turn reduce unemployment and the Federal deficit.

The FairTax: It’s Time

Lugar Cosponsors the FairTax

Neither the Democratic or Republican political establishments have the vision, will or courage to do this.

While the majority of the  American people are prepared for and calling for a huge downsizing of the Federal Government, the political ruling class is opposed to any significant reduction in the size and scope of the Federal Government.

For both political parties most of their campaign contributions come from those companies and individuals who directly benefit from an ever larger and expanding Federal Government and a National Debt.

This includes bankers and financial institutions, the military industrial complex, lawyers, lobbyists, unions, just to name a few of the big campaign contributors.

 

S&P downgrades US credit rating from AAA

“…The United States has lost its sterling credit rating from Standard & Poor’s.

The credit rating agency on Friday lowered the nation’s AAA rating for the first time since granting it in 1917. The move came less than a week after a gridlocked Congress finally agreed to spending cuts that would reduce the debt by more than $2 trillion — a tumultuous process that contributed to convulsions in financial markets. The promised cuts were not enough to satisfy S&P.

The drop in the rating by one notch to AA-plus was telegraphed as a possibility back in April. The three main credit agencies, which also include Moody’s Investor Service and Fitch, had warned during the budget fight that if Congress did not cut spending far enough, the country faced a downgrade. Moody’s said it was keeping its AAA rating on the nation’s debt, but that it might still lower it.

One of the biggest questions after the downgrade was what impact it would have on already nervous investors. While the downgrade was not a surprise, some selling is expected when stock trading resumes Monday morning. The Dow Jones industrial average fell 699 points this week, the biggest weekly point drop since October 2008. …”

http://finance.yahoo.com/news/SampP-downgrades-US-credit-apf-2107320979.html

Background Articles and Videos

 

Treasury Bond Prices and Yields

 

The Gold Standard Before the Civil War | Murray N. Rothbard

 

The Case for a 100 Percent Gold Dollar (Part 1 of 2) by Murray N. Rothbard

 

The Case for a 100 Percent Gold Dollar (Part 2 of 2) by Murray N. Rothbard

 

Open Market Operations

Open market operations–purchases and sales of U.S. Treasury and federal agency securities–are the Federal Reserve’s principal tool for implementing monetary policy. The short-term objective for open market operations is specified by the Federal Open Market Committee(FOMC). This objective can be a desired quantity of reserves or a desired price (the federal funds rate). The federal funds rate is the interest rate at which depository institutions lend balances at the Federal Reserve to other depository institutions overnight.The Federal Reserve’s objective for open market operations has varied over the years. During the 1980s, the focus gradually shifted toward attaining a specified level of the federal funds rate, a process that was largely complete by the end of the decade. Beginning in 1994, the FOMC began announcing changes in its policy stance, and in 1995 it began to explicitly state its target level for the federal funds rate. Since February 2000, the statement issued by the FOMC shortly after each of its meetings usually has included the Committee’s assessment of the risks to the attainment of its long-run goals of price stability and sustainable economic growth.For more information on open market operations, see the article in the Federal Reserve Bulletin(102 KB PDF).http://www.federalreserve.gov/monetarypolicy/openmarket.htm

Federal Funds Target Rate
Month/Day 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Jan 1 6.50% 1.75% 1.25% 1.00% 2.25% 4.25% 5.25% 4.25% 0%-0.25% 0%-0.25% 0%-0.25%
Feb 1 5.50% 1.75% 1.26% 1.00% 2.25% 4.50% 5.25% 3.00% 0%-0.25% 0%-0.25% 0%-0.25%
Mar 1 5.50% 1.75% 1.25% 1.00% 2.50% 4.50% 5.25% 3.00% 0%-0.25% 0%-0.25% 0%-0.25%
Apr 1 5.00% 1.75% 1.25% 1.00% 2.75% 4.75% 5.25% 2.25% 0%-0.25% 0%-0.25% 0%-0.25%
May 1 4.50% 1.75% 1.25% 1.00% 2.75% 4.75% 5.25% 2.00% 0%-0.25% 0%-0.25% 0%-0.25%
Jun 1 4.00% 1.75% 1.25% 1.00% 3.00% 5.00% 5.25% 2.00% 0%-0.25% 0%-0.25% 0%-0.25%
Jul 1 3.75% 1.75% 1.00% 1.25% 3.25% 5.25% 5.25% 2.00% 0%-0.25% 0%-0.25% 0%-0.25%
Aug 1 3.75% 1.75% 1.00% 1.25% 3.25% 5.25% 5.25% 2.00% 0%-0.25% 0%-0.25% 0%-0.25%
Sep 1 3.50% 1.75% 1.00% 1.50% 3.50% 5.25% 5.25% 2.00% 0%-0.25% 0%-0.25%  
Oct 1 3.00% 1.75% 1.00% 1.75% 3.75% 5.25% 4.75% 2.00% 0%-0.25% 0%-0.25%  
Nov 1 2.50% 1.75% 1.00% 1.75% 4.00% 5.25% 4.50% 1.00% 0%-0.25% 0%-0.25%  
Dec 1 2.00% 1.25% 1.00% 2.00% 4.00% 5.25% 4.50% 1.00% 0%-0.25% 0%-0.25%

http://www.moneycafe.com/library/fedfundsrate.htm

United States Treasury security  

“…A United States Treasury security is government debt issued by the United States Department of the Treasury through the Bureau of the Public Debt. Treasury securities are the debt financing instruments of the United States Federal government, and they are often referred to simply as Treasuries. There are four types of marketable treasury securities: Treasury bills, Treasury notes, Treasury bonds, and Treasury Inflation Protected Securities (TIPS). There are several types of non-marketable treasury securities including State and Local Government Series (SLGS), Government Account Series debt issued to government-managed trust funds, and savings bonds. All of the marketable Treasury securities are very liquid and are heavily traded on the secondary market. The non-marketable securities (such as savings bonds) are issued to subscribers and cannot be transferred through market sales.

History

The U.S. government knew that the costs of World War I would be great, and the question of how to pay for the war was a matter of intense debate. The resulting decision was to pay for the war with a balance between higher taxes (see the War Tax Act) and government debt. Traditionally, the government borrowed from other countries, but there were no other countries from which to borrow in 1917: U.S. citizens would have to fully finance the war through both higher taxes and purchases of war bonds.[1]

The Treasury raised funding throughout the war by selling $21.5 billion in ‘Liberty bonds.’ These bonds were sold at subscription where officials created coupon price and then sold it at Par value. At this price, subscriptions could be filled in as little as one day, but usually remained open for several weeks, depending on demand for the bond.[1]

After the war, the Liberty Bonds were reaching maturity, but the Treasury was unable to pay each down fully with only limited budget surpluses. The resolution to this problem was to refinance the debt with variable short and medium-term maturities. Again the Treasury issued debt through fixed-price subscription, where both the coupon and the price of the debt were dictated by the treasury.[1]

The problems with debt issuance became apparent in the late-1920’s. The system suffered from chronic oversubscription, where interest rates were so attractive that there were more purchasers of debt than supplied by the government. This indicated that the government was paying too much for debt. As government debt was undervalued, debt purchasers could buy from the government and immediately sell to another market participant at a higher price.[1]

In 1929, the U.S. Treasury shifted from the fixed-price subscription system to a system of auctioning where ‘Treasury Bills’ would be sold to the highest bidder. Securities were then issued on a pro rata system where securities would be allocated to the highest bidder until their demand was full. If more treasuries were supplied by the government, they would then be allocated to the next highest bidder. This system allowed the market to set the price rather than the government. On December 10, 1929, the Treasury issued its first auction. The result was the issuing of $224 million three-month bills. The highest bid was at 99.310 with the lowest bid accepted at 99.152.[1]

Foreign countries later started to buy U.S. debt as an investment of their surplus U.S. Dollars. There is fear that foreign countries hold so many bonds that if they stopped buying them, the U.S. economy would collapse; however, the reality is that more bonds are transferred in a single day by the Treasury than are held by any single sovereign state.[2] The perception of this dependence furthers belief that the U.S. and China economies are so tightly linked that both fear the consequences of a potential slow down in China’s purchase of those bonds. In her 2010 visit to China, the U.S. Secretary of State Hillary Clinton called on authorities in Beijing to continue buying U.S. Treasuries, saying it would help jumpstart the flagging U.S. economy and stimulate imports of Chinese goods.[3]

As the economic recession continues, more doubts arise over the real value of U.S. treasury securities. Though carefully worded, Chinese premier Wen Jia Bao’s warning about possible devaluation of Chinese held U.S. bonds was taken very seriously by Washington:

“Of course we are concerned about the safety of our assets. To be honest, I’m a little bit worried” … “I would like to call on the United States to honor its words, stay a credible nation and ensure the safety of Chinese assets.”[4]Chinese premier, Wen Jiabao, said at a news conference after the closing of China’s 2009 legislative session.

However, it is important to note that such comments, while critical, were very likely indicative of Chinese “gesturing” ahead of the April 1st G-20 Economic Summit. As of April 2009, the U.S. dollar had rallied YTD against all other major world currencies. On March 18, 2009, the Federal Reserve used quantitative easing “to help improve conditions in private credit markets, the Committee decided to purchase up to $300 billion of longer-term Treasury securities over the next six months.”[5]

Marketable securities

 Directly issued by the United States Government

 Treasury bill

“Treasury bill” redirects here. Note that the Bank of England issues these in the United Kingdom.

Treasury bills (or T-Bills) mature in one year or less. Like zero-coupon bonds, they do not pay interest prior to maturity; instead they are sold at a discount of the par value to create a positive yield to maturity.[6] Many regard Treasury bills as the least risky investment available to U.S. investors.

Regular weekly T-Bills are commonly issued with maturity dates of 28 days (or 4 weeks, about a month), 91 days (or 13 weeks, about 3 months), 182 days (or 26 weeks, about 6 months), and 364 days (or 52 weeks, about 1 year). Treasury bills are sold by single-price auctions held weekly. Offering amounts for 13-week and 26-week bills are announced each Thursday for auction, usually at 11:30 a.m., on the following Monday and settlement, or issuance, on Thursday. Offering amounts for 4-week bills are announced on Monday for auction the next day, Tuesday, usually at 11:30 a.m., and issuance on Thursday. Offering amounts for 52-week bills are announced every fourth Thursday for auction the next Tuesday, usually at 11:30 am, and issuance on Thursday. Purchase orders at TreasuryDirect must be entered before 11:00 on the Monday of the auction. The minimum purchase, effective April 7, 2008, is $100. (This amount formerly had been $1,000.) Mature T-bills are also redeemed on each Thursday. Banks and financial institutions, especially primary dealers, are the largest purchasers of T-bills.

Like other securities, individual issues of T-bills are identified with a unique CUSIP number. The 13-week bill issued three months after a 26-week bill is considered a re-opening of the 26-week bill and is given the same CUSIP number. The 4-week bill issued two months after that and maturing on the same day is also considered a re-opening of the 26-week bill and shares the same CUSIP number. For example, the 26-week bill issued on March 22, 2007, and maturing on September 20, 2007, has the same CUSIP number (912795A27) as the 13-week bill issued on June 21, 2007, and maturing on September 20, 2007, and as the 4-week bill issued on August 23, 2007 that matures on September 20, 2007.

During periods when Treasury cash balances are particularly low, the Treasury may sell cash management bills (or CMBs). These are sold at a discount and by auction just like weekly Treasury bills. They differ in that they are irregular in amount, term (often less than 21 days), and day of the week for auction, issuance, and maturity. When CMBs mature on the same day as a regular weekly bill, usually Thursday, they are said to be on-cycle. The CMB is considered another reopening of the bill and has the same CUSIP. When CMBs mature on any other day, they are off-cycle and have a different CUSIP number.

Treasury bills are quoted for purchase and sale in the secondary market on an annualized discount percentage, or basis.

With the advent of TreasuryDirect, individuals can now purchase T-Bills online and have funds withdrawn from and deposited directly to their personal bank account and earn higher interest rates on their savings.

General calculation for the discount yield for Treasury bills is

\text{Discount Yield} (%) = \frac{\text{Face Value} - \text{Purchase Price}}{\text{Face Value}} \times \frac{\text{360}}{\text{Days Till Maturity}} \times 100[%]

 Treasury note

This is the modern usage of “Treasury Note” in the U.S., for the earlier meanings see Treasury Note (disambiguation).

Treasury notes (or T-Notes) mature in one to ten years. They have a coupon payment every six months, and are commonly issued with maturities dates between 1 to 10 years, with denominations of $1,000. In the basic transaction, one buys a “$1,000” T-Note for say, $950, collects interest over 10 years of say, 3% per year, which comes to $30 yearly, and at the end of the 10 years cashes it in for $1000. So, $950 over the course of 10 years becomes $1300.

T-Notes and T-Bonds are quoted on the secondary market at percentage of par in thirty-seconds of a point (n/32 of a point, where n = 1,2,3,…). Thus, for example, a quote of 95:07 on a note indicates that it is trading at a discount: $952.19 (i.e., 95 + 7/32%) for a $1,000 bond. (Several different notations may be used for bond price quotes. The example of 95 and 7/32 points may be written as 95:07, or 95-07, or 95’07, or decimalized as 95.21875.) Other notation includes a +, which indicates 1/64 points and a third digit may be specified to represent 1/256 points. Examples include 95:07+ which equates to (95 + 7/32 + 1/64) and 95:073 which equates to (95 + 7/32 + 3/256). Notation such as 95:073+ is unusual and not typically used.

The 10-year Treasury note has become the security most frequently quoted when discussing the performance of the U.S. government bond market and is used to convey the market’s take on longer-term macroeconomic expectations.

Treasury bond

“U.S. Bonds” redirects here. For the singer/performer, see Gary U.S. Bonds.

Treasury bonds (T-Bonds, or the long bond) have the longest maturity, from twenty years to thirty years. They have a coupon payment every six months like T-Notes, and are commonly issued with maturity of thirty years. The secondary market is highly liquid, so the yield on the most recent T-Bond offering was commonly used as a proxy for long-term interest rates in general.[citation needed] This role has largely been taken over by the 10-year note, as the size and frequency of long-term bond issues declined significantly in the 1990s and early 2000s.[citation needed]

The U.S. Federal government suspended issuing the well-known 30-year Treasury bonds (often called long-bonds) for a four and a half year period starting October 31, 2001 and concluding February 2006.[7] As the U.S. government used its budget surpluses to pay down the Federal debt in the late 1990s,[8] the 10-year Treasury note began to replace the 30-year Treasury bond as the general, most-followed metric of the U.S. bond market. However, because of demand from pension funds and large, long-term institutional investors, along with a need to diversify the Treasury’s liabilities – and also because the flatter yield curve meant that the opportunity cost of selling long-dated debt had dropped – the 30-year Treasury bond was re-introduced in February 2006 and is now issued quarterly.[9] This brought the U.S. in line with Japan and European governments issuing longer-dated maturities amid growing global demand from pension funds.[citation needed]

 TIPS

Treasury Inflation-Protected Securities (or TIPS) are the inflation-indexed bonds issued by the U.S. Treasury. The principal is adjusted to the Consumer Price Index (CPI), the commonly used measure of inflation. When the CPI rises, your principal adjusts upward. If the index falls, your principal adjusts downwards.[10] The coupon rate is constant, but generates a different amount of interest when multiplied by the inflation-adjusted principal, thus protecting the holder against inflation. TIPS are currently offered in 5-year, 10-year and 30-year maturities.[11]

Federal Reserve holdings of U.S. Treasuries

For the Quantitative easing policy the Feds holding of US treasuries increased from $750 billion in 2007 to over $1.5 trillion by June 2011. Source Federal Reserve Bank of Cleveland. [12]   …”

http://en.wikipedia.org/wiki/United_States_Treasury_security

 

Understanding the Financial Crisis – very well explanation!

 

Deconstructing the Subprime Crisis

Jeremy Siegel on the Resilience of American Finance

Franklin Allen on Lessons from the Subprime Crisis

Understanding The Debt Crisis In The U.S.

 

 

CNN: Understanding the Crisis

 

Understanding the Financial Crisis

 

Stein Says Economy to Accelerate; U.S. Downgrade Likely

 

Related Posts On Pronk Palisades

Weak Obama Recovery Ends–Great Obama Recession Economy Or GORE Starts–Labor Participation Rate in July 2011 Hits 27 Year Low of 63.9%–Over 130,000 Workers Leave Workforce In July 2011–No Jobs!–Videos

 

 

 

 

 

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The Pronk Plan for A Peace and Prosperity Economy–Videos

Posted on July 23, 2011. Filed under: Agriculture, American History, Babies, Banking, Blogroll, Business, College, Communications, Demographics, Economics, Education, Employment, Energy, Enivornment, European History, Farming, Federal Government, Fiscal Policy, Foreign Policy, government, government spending, Health Care, history, Immigration, Inflation, Investments, Language, Law, liberty, Life, Links, media, Medicine, Microeconomics, Monetary Policy, Money, Natural Gas, Nuclear Power, Oil, People, Philosophy, Politics, Psychology, Rants, Raves, Regulations, Resources, Science, Security, Strategy, Talk Radio, Taxes, Technology | Tags: , , , , , , , , , , , , , , , , , , |

“…It is a signal advantage of taxes on articles of consumption, that they contain in their own nature a security against excess. They prescribe their own limit; which cannot be exceeded without defeating the end proposed, that is, an extension of the revenue. When applied to this object, the saying is as just as it is witty, that, “in political arithmetic, two and two do not always make four.” If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are confined within proper and moderate bounds. This forms a complete barrier against any material oppression of the citizens by taxes of this class, and is itself a natural limitation of the power of imposing them….”

~Alexander Hamilton, The Federalist No. 21, The Federalist Papers

“The income tax created more criminals than any other single act of government.”

~Barry Goldwater

The FairTax: It’s Time

Lugar Cosponsors the FairTax

Milton Friedman on Libertarianism (Part 4 of 4)

Ron Paul July 19th – If the debt is the problem, how do you solve it with more debt?

Ron Paul We Didnt Permit The Bankruptcies FOUR YEARS AGO Problems Got Worse! Debt Exploded

Ron Paul & The Gold Standard

Milton Friedman on The Gold Standard

“If we cannot persuade the public that it is desirable to do these things, we have no right to impose them even if we had the power to do it.”

~ Milton Friedman

The Pronk Plan for A Peace and Prosperity Economy

1. Federal Tax Reform and End The Internal Revenue Service: The FairTax should  replace all Federal taxes and the Internal Revenue Service should be ended with all Internal Revenue records destroyed. A bureau of FairTax Revenues (FTR) would be established in the Department of the Treasury to both send monthly prebates to each American citizen and collect FairTax revenues from retailers and the states.

2. Government Spending: surplus budgets to pay down the National Debt by restricting fiscal year spending outlays to 80% of previous year’s  FairTax revenue collections with the remaining 20% of revenue collection to pay down the national debt.

3. Size and scope of the government: At least ten Federal Departments, many Federal agencies and hundreds of Federal programs should be closed down permanently. The number of Federal government employees and contract personnel and consultants needs to be cut by at least 50%.

4. National Defense: Budget 5% of our nation’s gross domestic product for national defense, intelligence gathering, securing our borders and homeland security.

5. Foreign Affairs: End US involvement with the United Nations and bring all the troops home from abroad including from the countries of  Germany,  Italy, United Kingdom, Spain, Japan, South Korea,  Afghanistan,  Bahrain, Djibouti,  Iraq, Kuwait, Libya, and Qatar.

6. Social Security and Medicare: Transform them from a government controlled and operated system to an individual controlled and owned investment system where benefits are based upon payments into a person’s account and investment performance. All persons over the age of forty-five would have the option to remain under the existing Social Security and Medicare programs or go into the new individual controlled and owned  system. All persons under age forty-five would establish, control and own their individual disability, life and health insurance  and retirement savings accounts with a maximum contributions of twenty-five percent (25%) of their income per year. All persons over the age of sixty-five would continue to receive Social Security and Medicare Benefits under the existing system.

7. Immigration: immigration law enforcement, illegal alien removal and deportation, and controlled and limited legal immigration. The number of legal immigrants each year would range from a minimum of 200,000 persons when the official unemployment rate exceeds eight percent (8%) to a maximum of 500,000 persons per year when the official unemployment rate is less than two percent (2%). All new citizens must speak, read and write English before becoming a United States citizen.

8. Promote competition in education: provide  all parents with  school vouchers that enable them to choose the school their children attend including home schooling and online schooling.

9. Health Care Reform: affordable, portable, individual, tax favored, and competitive health insurance plans and expanded health savings accounts.

10. End the Federal Reserve System and fiat paper money and  institute  a new gold backed currency standard. Let money interest rates be determined in the market place and not controlled and fixed by the Federal Reserve System.

11. End all Federal subsidies to businesses no matter what form the subsidies take.

12. Eliminate Federal Government regulations that put U.S. businesses at a competitive disadvantage.

13. Energy Independence: repeal all laws and regulations that are impeding the growth and expansion of US energy production including oil and gas exploration and refining and nuclear electrical power generation plant construction and operation.

14. Preserve, protect and defend the Constitution of the United States of America: appoint judges and public servants that will uphold their oaths.

The above Fourteen Issue Positions  should receive the support of the vast majority of the American people including Democrats, Republicans, Independents, Libertarians and others.

However, both the Democratic and Republican Party establishments would not support these Fourteen Issue Positions in their entirety.

The Tea Party movement must transform itself into a viable political party that is fundamentally different from both the Democratic and Republican parties.

The ruling political class and elites in Washington, D.C. are responsible for the economic, political and military mess the United States and the American people currently finds themselves.

The warfare and welfare economy of ever-expanding centralized collectivist government must be transformed into a peace and prosperity economy with a limited and constrained Constitutional republic.

Background Articles and Videos

The Gold Standard Revisited

The Gold Standard in Theory and Myth (by Joseph Salerno)

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Senator Tom Coburn’s $9,000 Billion Deficit Reduction Plan–Videos

Posted on July 18, 2011. Filed under: Agriculture, American History, Banking, Blogroll, Communications, Economics, Employment, Farming, Federal Government, Fiscal Policy, Foreign Policy, government, government spending, Health Care, history, Inflation, Investments, Language, Law, liberty, Life, Links, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Rants, Raves, Regulations, Security, Taxes, Video, Wealth, Wisdom | Tags: , , , , , , , |

 

 

Pronk Pops Show 37:July 20, 2011

Pronk Pops Show 36:July 13, 2011

Pronk Pops Show 35:July 6, 2011

Pronk Pops Show 34:June 29, 2011

Listen To Pronk Pops Podcast or Download Shows 34-37

Listen To Pronk Pops Podcast or Download Shows 30-33

Listen To Pronk Pops Podcast or Download Shows 27-29

Listen To Pronk Pops Podcast or Download Shows 22 (Part 2)-26

Listen To Pronk Pops Podcast or Download Shows 16-22 (Part 1)

Listen To Pronk Pops Podcast or Download Shows 10-15

Listen To Pronk Pops Podcast or Download Shows 1-9

Segment 3: Senator Tom Coburn’s $9,000 Billion Deficit Reduction Plan–Videos

Sen. Tom Coburn (R-OK) Unveils $9 Trillion Deficit Reduction Plan

“…Today, July 18, 2011, Senator Tom Coburn (R-OK) offered a plan to cut the U.S. deficit by $9 trillion over the next 10 years. The Senator’s plan includes tax reform measures recommended by the President’s own commission on deficit reduction, cuts to defense spending, structural entitlement reform and contains a run-away federal workforce. You might not like this plan, nor the Paul Ryan plan, but it’s at least a plan. Democrats have so far refused to put pen to paper. …”

Sen. Tom Coburn proposes budget plan to cut $9 trillion over next decade

Sen. Coburn Reveals Deficit Reduction Plan

Sen. Coburn: Worst Tax Comes From Government Printing Money

Senator Tom Coburn Tells Me Why He Likes Bloggers

 

“…U.S. Senator Tom Coburn, M.D. (R-OK) today released a new report “Back in Black” that outlines how the federal government can reduce the deficit by $9 trillion over the next ten years and balance the federal budget. The 614-page plan was the result of a thorough and exhaustive review of thousands of federal programs.

“The American people are tired of Washington waiting until the last minute to avoid a crisis, particularly when it is a crisis Washington itself created. The crisis, though, is not the debt limit deadline. The crisis is Congress’ refusal to make hard choices and reduce a debt that has become our greatest national security threat. The plan I am offering today gives Washington 9 trillion reasons to stop making excuses and start solving the problem,” Dr. Coburn said.

“Both parties will no doubt criticize portions of this plan and I welcome that debate. My goal is not to replace the work of the budget committees but to show the American people what is possible and necessary. What is not acceptable, however, is not having a plan and delaying reform until some perfect political moment that will never arrive. The fact is doing nothing is a tax increase, a benefit cut for seniors and the poor, and a betrayal of the core values both parties hold dear,” Dr. Coburn said.

Dr. Coburn’s full report is here. A section by section outline of the report is here. A summary of savings is here. Highlights of the report here. …”

http://coburn.senate.gov/public/index.cfm/pressreleases?ContentRecord_id=1d817708-76ed-4b2b-9cc2-076415409d44

 

Details of Sen. Tom Coburn’s $9 trillion plan to balance the budget released

U.S. Sen. Tom Coburn, R-Muskogee, would change entitlements, end numerous tax loopholes and cut military spending by $1 trillion to balance the federal budget.

“…Would save about $9 trillion over 10 years, including $3 trillion from entitlements, $3 trillion from government departments and agencies, $1 trillion from defense, $1 trillion from ending or modifying tax breaks and deductions, and $1 trillion in interest on the debt.

Would reduce the size of government by 25 percent over 10 years.

Would balance the budget within 10 years.

Read more: http://newsok.com/details-of-sen.-tom-coburns-9-trillion-plan-to-balance-the-budget-released/article/3586676#ixzz1SVt1zave

Coburn proposes $9 trillion deficit cut measure

ANDREW TAYLOR

“…The plan by Sen. Tom Coburn, R-Okla., is laced with politically perilous proposals like raising to 70 the age at which people can claim their full Social Security benefits. It would cut farm subsidies, Medicare, student aid, housing subsidies for the poor, and funding for community development grants. Coburn even takes on the powerful veterans’ lobby by proposing that some veterans pay more for medical care and prescription drugs.

Coburn would also eliminate $1 trillion in tax breaks over the coming decade, earning him an immediate rebuke from Americans for Tax Reform, an anti-tax organization with which Coburn has had a running feud. He would block taxpayers from claiming the mortgage interest deduction on second homes and limit it to homes worth $500,000. He would also ease taxpayers into higher tax brackets more quickly by using a smaller measure of inflation to adjust the brackets.

Coburn was a member of President Barack Obama’s fiscal commission and voted for its plan to cut the budget by about $4 trillion over a decade. He recently dropped out of the closely watched “Gang of Six” senators seeking a bipartisan agreement to rein in deficits and break through the partisanship engulfing official Washington over the deficit.

His re-entry into the deficit debate comes as Obama and lawmakers struggle over increasing the so-called debt limit and avoid a first-ever default on U.S. obligations.

Coburn’s $9 trillion savings figure doesn’t include another $2.4 trillion in cuts to Social Security that are funneled back into the program. In addition to raising the retirement age gradually, he would peg future benefits to a less-generous measure of inflation and curb benefit increases even more for the top 40 percent of earners. …”

“…Cuts to the Medicare program for the elderly and the Medicaid health plan for the poor and disabled would total $2.6 trillion over 10 years, far more than proposed by the fiscal commission or House Republicans. He proposes raising the Medicare retirement age to 67 by 2027 and then gradually increasing it until the retirement age hits 69 in 2080. It would also raise Medicare premiums for doctor visits so that premiums pay 35 percent of such costs instead of the 25 percent currently covered.

Coburn would cut $1 trillion from the Pentagon budget over a decade. He would block military retirees from the Tricare Prime health care plan, the option with the lowest out-of-pocket cost, saving $115 billion, and he would raise the prescription drug copayment under the program, as well as require higher out-of-pocket fees. He also would reduce the fleet of aircraft carriers from 11 to 10 and Navy air wings from 10 to nine.

“I have no doubt that both parties will criticize portions of this plan, and I welcome that debate,” Coburn told reporters. “But it’s not a legitimate criticism until you have a plan of your own.” …”

Read more: http://newsok.com/coburn-proposes-9-trillion-deficit-cut-measure/article/feed/277294#ixzz1SVv9PdWz

Read more: http://newsok.com/coburn-proposes-9-trillion-deficit-cut-measure/article/feed/277294#ixzz1SVuTvAOK

 

Finally some adult supervision in the Senate.

In order to come even close to balancing the budget over the next ten years requires spending cuts of over $10,000 billion over the next ten years.

Senator Coburn is the first Senator to even come close to this.

Senator Rand Paul is another Senator who understands the urgency and magnitude of the problem.

That said I would much prefer implementing the FairTax over trying to reform the existing Federal income tax system.

Also, I prefer Paul Ryan’s approach to reforming Medicare by letting consumers purchase their own health insurance plan.

I applaud Senator Coburn’s courage in his Back To Black approach to fiscal responsibility and sanity.

A great first rough draft.

Keep up the good work.

I would like to see the revenues and outlays by fiscal year as broken down in the President’s U.S Budget proposals and the Republican proposals by fiscal year over the entire ten year period.

This should be forthcoming if the proposal is to be taken seriously.

Background Articles and Videos

Tom Coburn on U.S. Debt Limit: Political Capital With Al Hunt

Sen. Lieberman, Coburn Spell Out Their Plan to Save $600B

Senator Coburn “The President Submits A Budget To The Senate & No One Agrees To Vote For It!” pt.1

Senator Coburn “The President Submits A Budget To The Senate & No One Agrees To Vote For It!” pt.2

Dr. Coburn addressing underlying problems with the food safety bill

Related Posts On Pronk Palisades

Senator Tom Coburn–A Real Conservative and An Excellent Vice-President Candidate

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The Traitors Treaty–Progressive Radical Socialist Barack Obama–Regime Change On January 20, 2013–Countdown

Posted on April 6, 2010. Filed under: Blogroll, Communications, Demographics, Economics, Federal Government, Fiscal Policy, government, government spending, Language, Law, liberty, Life, Links, media, People, Philosophy, Politics, Rants, Raves, Technology, Video, War, Wisdom | Tags: , , , , , , , , , , , |

33 Minutes

Rush Limbaugh – Obama to Alter Conditions for Use of Nuclear Weapons

Obama on Missile Defense & Nuclear Weapons

Obama Outlines Sweeping Goal of Nuclear Free World

Obama limits US nuclear arms use

New Nuclear Arms Treaty

US Russia Nuclear Arms Agrement (1)

Peace in our Time September 1938

FDR Warns of Fifth Column 1940/5/27

Kennedy addresses the nation on the Cuban Missile Crisis

Russia Navy Holidays in Caribbean

Russia tests world’s most powerful bomb

MOAB – Future Weapons

Watch Former KGB Spy, Professor Oleg Kalugin

How To Brainwash A Nation

KGB training of 1960’s radicals – Pt 2

Spies: The Rise and Fall of the KGB in America

Mark Levin – The promise from Barack Obama that the US will not respond with nuclear weapons

 

 

Fox News ” We Need a Nuclear Japan ” Columnist Charles Krauthammer ( Japanese subtitle )

33 Minutes – America’s Missile Defense in a New Missile Age

What country recruited the progressive radical socialist Barack Obama when he was attending college? 

The American people would like to know. 

The Central Intelligence Agency’s good old boy network better get on the case and finally leak  to the new media the long overdue security background investigation of Barack Obama that knows the answer to this question. 

The nuclear weapons treaty is a roadmap to American weakness and Chinese and Russian strength. 

The nuclear weapons treaty will only encourage such nations as Iran and North Korea to develop nuclear weapons of their own. 

The progressive radical socialist Democratic Party are America’ s fifth column and Trojan horse. 

Obama is hopeless. 

The progressive radical socialist Democratic Party Obama leads are committing political suicide and will try by hook or by crook to pass any law they can before next November elections. 

The American people pushback and backlash will teach the progressive radical socialists of both parties a lesson they need to learn the hard way. 

The time has come to replace the progressive radical socialist Democratic Party with a new political party with the tea party patriots as its base. 

The American people are outraged at the fiscal irresponsibility of both the Democratic and Republican parties resulting in massive deficits and an exploding national debt. 

Now President Obama threatens the American people’s own physical safety by encouraging the enemies of the American people to not worry about a nuclear weapons attack provided some conditions are met. 

President Obama is delusional and hopeless. 

The American people no longer believe or trust President Obama due to his daily lying. 

America’s enemies are laughing at the educated fool. 

Any senator that votes for this treaty should be defeated when he or she next comes up for re-election. 

Time to throw these traitors out of office, if not in prison. 

 

Background Articles and Videos

Victor Davis Hanson: A Noble, Bad Idea- President Obama’s new nuclear policy is ill-timed and ill-conceived

“…First, the president putting forth this comprehensive agenda is not an old hawk like Reagan or the Bushes, but rather one who has apologized, bowed, and backpedaled abroad in courting enemies like Syria and Iran while snubbing old friends such as Britain and Israel. Context matters. Fairly or not, the world will see these latest pronouncements as more in line with the abstract idealism of a Nobel Peace Prize laureate than with the leader of the world’s sole superpower, on whom billions in the real world rely to keep the peace through deterrence. 

Further, Obama is currently engaged in an ongoing war against radical Islam, whose adherents seek to gain weapons of mass destruction. He operates in a landscape in which nuclear proliferation is on the rise from Iran to North Korea, and when a host of other anti-American autocracies such as Syria and Venezuela either boast about their desire to obtain nuclear weapons or have already stealthily built reactors. The timing, in other words, could not be worse. Appearances also matter. 

Second, the American people will not stand for any Commander-in-Chief ruling out, in advance, the use of nuclear weapons, even in the event that the nation is attacked with biological or chemical weapons. Just imagine: al Qaeda conducts a deadly anthrax attack in Manhattan that kills thousands, while the architects of such destruction retreat to underground sanctuaries along the Afghan-Pakistani border; or Hezbollah operatives release nerve gas in an American mall that is traced directly to a plant in the Iranian desert. I doubt seriously whether any president would rule out the use of a tactical nuclear weapon if it militarily proved the best option to prevent further carnage. 

Third, ambiguity is essential in nuclear poker. All nuclear states must at some point play the game. A potentially aggressive state never quite knows how bad the reaction might be should it gamble and initiate an attack—and this is what keeps the peace. Predictability and limiting options on the part of responsible states only invite unpredictability and the expansion of choices for known bad actors. …” 

http://www.city-journal.org/2010/eon0406vdh.html 

Truman and the Principles of U.S. Foreign Policy

Jimmy Carter rejected the postwar consensus. President Obama appears to be

“…Mr. Obama exhibits both the initial inexperience—and some of the naïveté—of Harry Truman when he took office. He has framed the challenge of radical Islam largely in terms of what a contrite America must do to apologize to the Muslim world, instead of addressing endemic religious intolerance, autocracy, statist economies, tribalism and gender apartheid that help fuel extremism. 

 

The Obama administration reaches out to enemies such as Mahmoud Ahmadinejad, Bashar al Assad, the Castro brothers and Hugo Chávez. It pays far less attention to British, Colombian, French, Israeli and Japanese allies. In unilateral fashion we withdrew promises of land-based antiballistic missile defense from Eastern Europe, giddy that we might appease the Russians into abrogating their patronage of Iran’s nuclear ambitions. But so far the centrifuges keep spinning while we appear unreliable to friends, compliant to rivals, and weak to enemies. The administration has also promised greater support to the U.N., seemingly unworried that the organization’s illiberal majority has often appeased or abetted autocratic governments. 

Will an inexperienced Barack Obama, in the fashion of Harry Truman, learn quickly that the world is chaotic and unstable—best dealt with through strength and unabashed confidence in America’s historic role galvanizing democratic allies to confront illiberal aggressors? 

 

Or will a sermonizing Mr. Obama follow the aberrant Democratic path of the sanctimonious Jimmy Carter: finger-wagging at allies, appeasing enemies, publicly faulting his less than perfect predecessors, and hectoring the American people to evolve beyond their supposed prejudices? 

 

America awaits the president’s choice. The world’s safety hinges upon it.” 

http://online.wsj.com/article/SB10001424052748704335904574495141362744118.html 

Morning Bell: The Road to a New Nuclear Arms Race

‘…Unfortunately for Americans, President Obama’s new strategy will have the exact opposite result of its intended effect. Instead of incentivizing countries to give up nuclear ambitions, it creates new incentives for them to maintain or develop their own nuclear programs. First look at the Russians, who clearly still see their nuclear weapons as the cornerstone of their defense, no matter how much President Obama wishes it were otherwise. Moscow has no interest in diminishing its own nuclear arsenal, but it is perfectly happy to allow the Obama administration to weaken the U.S. deterrent until it is on equal footing with Russia’s currently mediocre might. 

A country like Iran is equally unimpressed with President Obama’s unilateral disarmament strategy. Tehran wants to be the pre-eminent power in the Middle East, and as a nuclear state it can more credibly make that claim. But more importantly, nuclear weapons would also boost the current regime’s domestic survival. Nuclear powers do not mess in the internal affairs of other nuclear powers. Witness Tiananmen Square. The ayatollahs believe that, when they have the bomb, they can crush the freedom-loving opposition with total impunity. They are counting the days. 

First START and now the NPR demonstrate a shift by the Obama administration away from relying on nuclear deterrence to protect America and toward reliance on unverifiable international treaties. But as President Obama makes our nuclear arsenal smaller, less reliable and less usable, it becomes a far less credible deterrent to nuclear attack. Rather than serve as an example for other nation’s to follow, President Obama’s nuclear weakness will only give America’s enemies every incentive to advance their own programs. The President’s arms control “road” is more likely to lead to a new arms race, rather than to “zero.” …” 

http://blog.heritage.org/2010/04/06/morning-bell-the-road-to-a-new-nuclear-arms-race/?utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell 

China wants US and Russia to disarm

William R. Hawkins 

“…The new agreement would cut U.S. and Russian nuclear weapons by about one-third. But a bilateral agreement will not move towards a nuclear free world if other powers not party to the negotiations are expanding their arsenals. Case in point, China. 

Beijing was not impressed by the U.S.-Russian agreement. An editorial i n the Communist Party foreign affairs journal Global Times asked for praise to be withheld. 

The winding path the world has taken toward nuclear disarmament has given rise to suspicion toward the real determination of the two countries to put their words into action….. Efforts taken by the US and Russia in the past 20 years have been far from enough…. 

Even after Obama ambitiously outlined his vision for a nuke-free world in his address in Prague last year, the nuclear weapons-related budget of his administration has disappointingly risen. The entrenched interests of the defense industry and the deep-rooted Cold War mentality of some nuclear hawks have made the force of resistance too strong to overcome. 

Skepticism is mounting over how determined Russia is in its nuclear disarmament, too. 

Yet, China is moving ahead with is own nuclear weapons programs, unimpaired by any international agreements. Richard D. Fisher, Jr. concisely described Beijing’s arms buildup in Jane’s Intelligence Review last year, …” 

http://www.americanthinker.com/blog/2010/04/china_wants_us_and_russia_to_d.html 

Engaging China and Russia on Nuclear Disarmament

How to take over from the inside :Spies For Hire Part 1 of 3

How to take over from the inside :Spies For Hire Part 2 of 3

How to take over from the inside :Spies For Hire Part 3 of 3

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Yuri Bezmenov ex KGB Psycological Warfare Techniques–Videos

CIA Rattles White House Cage Over Walking Back The Cat On Obama–Lapdog Holder Barks At CIA–No Bite!

CIA Old Boy Network–Walking Back The Cat–Barack Obama–Who Recruited Him and For What End?

Barack Obama The Birth Certificate Artful Dodger Forever–Give It Up!–No One Is Above The Law and US Constitution

Rule of Law or Rule of Man–Supreme Court Cracking The Constitution?

Lieutenant Columbo to President Obama–I really love my work sir! One more question?

Columbo: One More Question Senator Obama–Why will you not show the American People your birth certificate?

General Patton Lives

Collectivism: Socialism, Communism, Progressivism and Fascism

The Battle For The World Economy–Videos

Walter Block–Videos

Thomas DiLorenzo–The Economic Model of the Fascist State–Videos

G. William Domhoff: Who Runs America–Videos

Jonah Goldberg–Liberal Fascism–Videos

Paul Edward Gottfried–Fascism, Anti-Fascism, and the Welfare State–Videos

G. Edward Griffin- On Individualism vs. Collectivism–Videos

George Gerald Reisman–Why Nazism Was Socialism and Why Socialism Is Totalitarian–Videos

Today’s Progressives–Obama’s Radical Socialist Democratic Party

It Is Official–America On The Obama Road To Fascism–Thomas Sowell!

President Obama and His Keynesian Spending Cult of The Fascist Democrat Radicals–FDRs

The Racist Test for Judge Sonya Sotomayor and President Obama–Racism Unmasked!

Calling and Raising The Stakes for Race Card Players–Obama and Sotomayor

George Soros: Government Interventionist and Global Socialist–Obama’s Puppeter Master–Videos

George Soros: Barack Obama’s Money Man and Agenda Puppeter

The Cloward-Piven Strategy Of The Progressive Radical Socialists: Wrecking The U.S. Economy By Massive Government Dependence, Spending, Deficits, Debts, Taxes And Regulations!

The Cloward-Piven Strategy Of The Progressive Radical Socialists: Wrecking The U.S. Economy By Massive Government Dependence!

President Barack Obama’s Role Model–President Franklin D. Roosevelt–The Worse President For The U.S. and World Economies and The American People–With The Same Results–High Unemployment Rates–Over 25 Million American Citizens Seeking Full Time Jobs Today–Worse Than The Over 13 Million Seeking Jobs During The Worse of The Great Depression!

Progressives

Progressive Radical Socialist Health Care Plan Written In Prison By Convicted Felon Richard Creamer!

Obamanomics–New Deal Progressive Radical Socialist Interventionism

Eugenics, Planned Parenthood, Population Control, and Designer Babies–Videos

The Great Depression and the Current Recession–Robert Higgs–Videos

The Obama Depression: Lessons Learned–Deja Vu!

Lord Christopher Monckton–Climate Change–Treaty–Videos

Progressive Radical Socialist Canned Criticism of American People: Danger, Profits, and Wrong Thinking

The Battle For The World Economy–Videos

Broom Budget Busting Bums: Replace The Entire Congress–Tea Party Express and Patriots–United We Stand!

Obama’s Civilian National Security Force–Youth Corp Wave–Friendly Fascism Faces–Cons–Crooks–Communists–Communities–Corps!

Obama’s Hidden Agenda and Covert Cadre of Marxists, Communists, Progressives, Radicals, Socialists–Far Left Democrats Destroying Capitalism and The American Republic

Yuri Bezmenov On KGB Soviet Propaganda and Subversion–Videos

KGB Defector Yuri Bezmenov: Soviet Subversion of the Free World Press–Videos

The Bloody History of Communism–Videos

Obama Youth–Civilian National Security Force–National Socialism–Hitler Youth–Brownshirts– Redux?–Collectivism!

American Progressive Liberal Fascism–The Wave of The Future Or Back To Past Mistakes?

Today’s Progressives–Obama’s Radical Socialist Democratic Party

President Obama–Killer of The American Dream and Market Capitalism–Stop The Radical Socialists Before They Kill You!

The Progressive Radical Socialist Family Tree–ACORN & AmeriCorps–Time To Chop It Down

It Is Official–America On The Obama Road To Fascism–Thomas Sowell!

President Obama and His Keynesian Spending Cult of The Fascist Democrat Radicals–FDRs

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Victor Davis Hanson–The Father of Us All: War and History, Ancient and Modern–Videos

Posted on April 3, 2010. Filed under: Blogroll, government, government spending, Investments, Language, Law, liberty, Life, Links, media, People, Philosophy, Politics, Raves, Video, War, Wisdom | Tags: , , , , , |

 

 

War and History, Ancient and Modern

 

Victor Davis Hanson: War in the Post Modern World – why the new laws of conflict are surreal

 

Background Articles and Videos

  

“…Synopsis

A master historian explores how war has shaped our societies—and how societies shape warfare—from Ancient Greece to the present day, in a sweeping survey that offers profound lessons for facing today’s conflicts.

Victor Davis Hanson has long been acclaimed as one of our leading scholars of ancient history. In recent years he has also become a trenchant voice on current affairs, bringing a historian’s deep knowledge of past conflicts to bear on the crises of the present, from 9/11 to Iran. “War,” he writes, “is an entirely human enterprise.” Ideologies change, technologies develop, new strategies are invented—but human nature is constant across time and space. The dynamics of warfare in the present age still remain comprehensible to us through careful study of the past. Though many have called the War on Terror unprecedented, its contours would have been quite familiar to Themistocles of Athens or William Tecumseh Sherman. And as we face the menace of a bin Laden or a Kim Jong-Il, we can prepare ourselves with knowledge of how such challenges have been met before.

The Father of Us All brings together much of Hanson’s finest writing on war and society, both ancient and modern. The author has gathered a range of essays, and combined and revised them into a richly textured new work that explores such topics as how technology shapes warfare, what constitutes the “American way of war,” and why even those who abhor war need to study military history. “War is the father and king of us all,” Heraclitus wrote in ancient Greece. And as Victor Davis Hanson shows, it is no lessso today. …”

http://btobsearch.barnesandnoble.com/The-Father-of-Us-All/Victor-Davis-Hanson/e/9781608191659/?itm=3

 

 

Victor Davis Hanson

“…Victor Davis Hanson (born 1953 in Fowler, California) is a military historian, columnist, political essayist and former classics professor, notable as a scholar of ancient warfare. He has been a commentator on modern warfare and contemporary politics for National Review and other media outlets, and was a strong supporter of the policies of US President George W. Bush. He was for many years a professor of classics at Cal State University, Fresno, and is currently the Martin and Illie Anderson Senior Fellow at the Hoover Institution.

Hanson was awarded the National Humanities Medal in 2007[1], the Claremont Institute’s Statesmanship Award at its annual Churchill Dinner, and the $250,000 Bradley prize from the Lynde and Harry Bradley Foundation in 2008.[2]

Hanson is also a farmer (growing raisin grapes on a family farm near Fresno, California) and a critic of social trends related to farming and agrarianism.

Hanson, who is of Swedish ancestry, grew up on a family farm at Selma, in the San Joaquin Valley of California. His mother was a lawyer and judge, his father an educator and college administrator. Along with his older brother Nils and fraternal twin Alfred, he attended public schools and graduated from Selma High School. Hanson received his B.A. from the University of California, Santa Cruz in 1975[citation needed] and his Ph.D. in classics from Stanford University in 1980. He is a Protestant Christian.[3]

Hanson is currently a Senior Fellow at the Hoover Institution and Fellow in California Studies at the Claremont Institute. Until recently, he was professor at California State University, Fresno, where he began teaching in 1984, having created the classics program at that institution.

In 1991 Hanson was awarded an American Philological Association’s Excellence in Teaching Award, which is awarded to undergraduate teachers of Greek and Latin. He has been a visiting professor of classics at Stanford University (1991–92), National Endowment for the Humanities fellow at the Center for Advanced Studies in the Behavioral Sciences, Stanford, California (1992–93), as well as holding the visiting Shifrin Chair of Military History at the U.S. Naval Academy, Annapolis, Maryland (2002–03). He was a visiting professor at Hillsdale College in 2004, 2006, and 2007.[4]

Hanson writes two weekly columns, one for National Review and one syndicated by Tribune Media Services, and has been published in The New York Times, The Wall Street Journal, Commentary, American Heritage, City Journal, The American Spectator, Policy Review, the Claremont Review of Books, The New Criterion, and The Weekly Standard, among other publications. In 2006, he started blogging at Pajamas Media. In 2007, he was awarded the National Humanities Medal by President George W. Bush. …”

http://en.wikipedia.org/wiki/Victor_Davis_Hanson

Conversations with History: Victor Davis Hanson

 

 

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Obama and Clinton Betray Allies and Appease Russia Over Proposed Missile Defense System Against Iranian Missile Nuclear Threat!

Posted on September 17, 2009. Filed under: Blogroll, Foreign Policy, Law, liberty, Links, People, Philosophy, Politics, Quotations, Rants, Raves, Resources, Security, Strategy, Video, War, Wisdom | Tags: , , , , , , , , , , , , , |

 

missiles_iran

“An appeaser is one who feeds a crocodile, hoping it will eat him last.”

~Winston Churchill 

 

Obama Alters EU Missile Defense Plan

http://www.youtube.com/watch?v=wB3QKH-hH0Q

 

Obama to shelve Europe missile defence plan – F24 091709

 

Obama shatters Bush security dreams?

 

‘US decision to reject Czech radar predictable’


 

 

A Proposal for European Ballistic Missile Defense

 

Moving Forward with Missile Defense: Advice for Obama

Bolton: Gates Support of Obama Missile Plan is Political


 

John Bolton – Iran Update (9/15/09)

 

Michael Ledeen: Bring Down the Iranian Regime

 

Krauthammer: Obama is “hopeless” on Iran

 

Inhofe Decries Cancellation of Missile Defense Shield

Atomic Aggression

Iran closer than ever to producing a nuclear weapon

 

US Confirms Second Round of Iranian Missile Tests


 

 

Russia postpones Iran missile deal

 

Iran Tests First Nuclear Plant

 

Russian helps build nuclear reactor in Iran

 

Moscow has commercial interests in Iran

 

Europe’s Missile Shield – Russia

http://www.youtube.com/watch?v=HCeMZaFf5u8

 

Russia, Poland and U.S. Strategy – STRATFOR Insights

 

Russia Opposes U.S. Missiles

 

Hillary Clinton on missile defense systems in Poland, Czech Republic

 

Obama: Missile Defense & Nuclear Weapons

 

Obama wants nukes cut by 80% – report

 

33 Minutes Trailer :: LONG PROMO (inHD)

“…33 Minutes: Protecting America in the New Missile Age is a one-hour documentary produced by The Heritage Foundation that tells the story of the very real threat foreign enemies pose to every one us. The truth is brutal – no matter where on Earth a missile is launched from it would take 33 Minutes or less to hit the U.S. target it was programmed to destroy.

Nuclear proliferation around the world, and the threat of a ballistic missile attack of some kind is mounting as more and more countries obtain nuclear technology. The ongoing threat toward America is also accelerating due to the fact that there are many rogue nations and terrorist organizations who either have or are seeking ballistic missiles and nuclear technology.

The challenges of protecting America and its citizens for President Obama’s administration are great. Featuring rare footage and in-depth interviews with leading experts in the field, 33 Minutes is the definitive documentary exposing the untold vulnerability we all face and the action plan necessary to revive a strategic missile defense system that America uniquely can develop, maintain, and employ for its own defense and the peace-loving world’s security. …”

 

33 Minutes Protecting America in the Missile Age

http://www.heritage.org/33-minutes/

 

Iran has been at war with the United States for over thirty years using mostly proxies to do their fighting.

President Obama announced today that the proposed missile defense program to defend Europe from a nuclear missile attack from Iran will be cancelled for 10 missiles based in Poland and a radar facility base in the Czech republic.

This will perceived as weakness by the enemies of the United States and a complete victory of Putin in Russia. 

Fully expect Israel to take out both Iran’s nuclear weapons facilities and missiles sites in the near future.

Joe Biden was right. Barack Obama was tested in the foreign policy arena and failed the test.

 

Russia: First to test Obama?

 

Vice-President Biden emphasized that he was heavily involved in this decision.

Another reason to question the wisdom of the decision.

President Reagan won the cold war.

President Obama is losing the Iranian war.

U.S. foreign policy is in disarray.

Meanwhile,  President Obama tries to sell the American people on his proposed compulsory public option insurance plan that will lead to a Federal Government monopoly single payer system–socialized medicine–by appearing all over the television networks this Sunday.

The vast majority of the American people are satified with their health insurance.

Those Americans who have lost their jobs do not want to be forced to buy a government health insurance plan when they need the money to pay for food, rent, electricity, gas and other expenses.

The American people want to know where are the new jobs, the green jobs, you promised?

The official unemployment rate will hit 10% this month with over 15,000,000 unemployed Americans seeking a job.

The actual unemployment rate wiil hit 17% with over 25,000,000 Americans seeking a full time job.

During the worse year of the Great Depression the number of unemployed was less than 13,000,000.

The Bush recession has ended and the Obama Depressions has started.

Where are the jobs Mr. President?

President Obama is quickly becoming not only the most inexperienced and ignorant President in modern times, but also the most incompetent and arrogant.

Hope is neither an economic policy nor national defense strategy.

God save the United States of America and the republic for which it stands.

 

Kate Smith – God Bless America

 

“One ought never to turn one’s back on a threatened danger and try to run away from it. If you do that, you will double the danger. But if you meet it promptly and without flinching, you will reduce the danger by half.”

~Winston Churchill 

 

 

Background Articles and Videos

 Munich of the Skies
Ken Blackwell

“…President Obama has chosen this day — the 70th anniversary of the Soviet invasion of Poland — to announce the abandonment of U.S.-backed missile defense for Eastern Europe.
 
It’s worth looking back at how we got here. After the 1989 breakup of the Soviet Empire — that “evil empire” Ronald Reagan had done so much to end-the newly free states of Central and Eastern Europe naturally looked to the United States, and to a lesser extent, to their Western European brethren, to safeguard their long sought freedom. Poland and the Czech Republic were among the first to apply for membership in NATO.
 
The U.S., it seemed, would extend it’s nuclear umbrella of protection over these newly independent states. In these free states, streets and squares were being named for Ronald Reagan — after the joyous people first pulled down statues of Lenin.
 
We should remember not just Munich, and not just the largely peaceful revolution of 1989. We should remember that Soviet invasion of Poland on September 17, 1939, seventy years ago.
 
Less than a month earlier, Soviet dictator Josef Stalin had concluded the Nazi-Soviet Non-Aggression Pact with Adolf Hitler. That pact gave Hitler a free hand to invade Poland from the West. It also secretly approved Stalin’s plan to invade Poland from the East.
 
Young Karol Wojtyla — later to become Pope John Paul II — fled eastward when the Germans invaded Poland on September 1, 1939, igniting World War II. Karol and his ailing father sought refuge from Nazis so brutal, so inhuman that they shot Poles who failed to step into the streets to let their German overlords pass them on the sidewalks.
 
But when, on September 17, 1939, Karol and his father learned that the Soviets had invaded Poland from the East, they returned to their little town. They were more willing to face death and enslavement under the Nazis than to take their chances under the Russian domination. …”

 

http://www.americanthinker.com/2009/09/munich_of_the_skies.html

 

U.S. scraps missile defense shield plans 

“…The Obama administration will scrap the controversial missile defense shield program in Eastern Europe, a senior administration official confirmed to CNN Thursday.  

The U.S. has been testing the ability of ground-based interceptor missiles to hit long-range ballistic missiles.

The comment followed similar statements from officials in Poland and the Czech Republic — where key elements of the system were to be located — but was the first confirmation from an American official.

Vice President Joe Biden earlier refused to confirm to CNN that the George W. Bush-era plan was being shelved.

But he did explain the logic of doing so, saying Iran — a key concern for the United States — was not a threat.

“I think we are fully capable and secure dealing with any present or future potential Iranian threat,” he told CNN’s Chris Lawrence in Baghdad, where he is on a brief trip.

“The whole purpose of this exercise we are undertaking is to diminish the prospect of the Iranians destabilizing that region in the world. I am less concerned — much less concerned — about the Iranian potential. They have no potential at this moment, they have no capacity to launch a missile at the United States of America,” he said.

Biden said he is “deeply” involved in the review of the missile defense program. ..”

http://edition.cnn.com/2009/WORLD/americas/09/17/united.states.missile.shield/index.html

Obama to Drop Poland, Czech Missile Defense Proposal

By Douglas Lytle and Lenka Ponikelska 

“…U.S. President Barack Obama will abandon plans championed by his predecessor George W. Bush to build a missile-defense system in Poland and the Czech Republic, Czech Prime Minister Jan Fischer said.

Obama phoned Fischer last night and also informed the Polish government, the premier told reporters in Prague. Undersecretary of State for Arms Control Ellen Tauscher met with Polish officials representing Prime Minister Donald Tusk this morning and will arrive in Prague this afternoon.

“Shortly after midnight Barack Obama called me to announce that his government is withdrawing plans to place a missile shield in the Czech Republic,” Fischer said. “We were aware of the possibility and were also aware of the fact that they were analyzing the plan.”

A White House official, speaking on condition of anonymity, confirmed that Obama had called Fischer while declining to say what was discussed. Obama will make a statement on missile defense at 10:15 a.m. in Washington, according to a White House statement. …”

http://www.youtube.com/watch?v=HCeMZaFf5u8&feature=related

 

US Missile Defense Complex in Poland

“…The US missile defense complex in Poland, also called the European Interceptor Site (EIS), is part of the Ballistic Missile Defense European Capability. It is planned to be placed in Redzikowo, Słupsk, Poland, forming a Ground-Based Midcourse Defense system in conjunction with a US narrow-beam midcourse tracking and discrimination radar system in the Brdy, Czech Republic. It consists of up to 10 silo-based interceptors, a two-stage version of the existing three-stage Ground Based Interceptor (GBI), with Exoatmospheric Kill Vehicle (EKV), with a closing speed of about 7 km/s.

According to the United States administration the system is intended to protect against future missiles from Iran, such as the alleged Shahab-6, although in November 2007 the U.S. National Intelligence Estimate reported that Iran’s nuclear weapons program had been halted since fall 2003[1]. It has also been pointed out that Central Europe is way beyond the range of any missile that Iran currently has.[2]

Russia strongly opposes the system. As an alternative it has proposed sharing the Qabala Radar in Azerbaijan, which Russia leases, but for the US this is not an acceptable substitute.[3] One of the most major difficulties from the Russian perspective is that the associated radar installation, which is to be based in the Czech Republic, is going to be able to collect information about all movements in Russian airspace up to the Urals mountains,[citation needed] which is all the European part of Russia.

The missile shield has received some local opposition in the area, including a protest in March 2008, when an estimated 300 protesters marched on the proposed site of the missile base[4].

…”

http://en.wikipedia.org/wiki/US_missile_defense_complex_in_Poland

 

33 Minutes

“…Last August, Poland and the U.S. came to an agreement. The U.S would deploy 10 missile interceptors to the country. The U.S. and the Czech Republic reached a radar installation agreement in July. Part of President George Bush’s “third site” effort to boost Central Europe’s defenses against rogue states like Iran, the missile shield agreements were a source of contention between the U.S. and Russia. The former Soviet Union claimed, rather disingenuously, that both bases would pose a threat to its national security.

Bush stood firm against Russia’s accusations and tried to assure leaders that nothing could be further from the truth. The shields would strengthen transatlantic security against the evolving Middle Eastern ballistic missile threat, allowing us to extend our own security umbrella to our European allies.

After Barack Obama was elected, those who supported the shields knew it was only a matter of time that the new president would not only scale back defense, but likely renege on our agreements with Poland and the Czech Republic. Months ago, he offered Russia a “secret” deal: We’d cancel our plans in exchange for Russia’s help with Iran. Russia refused to issue tougher sanctions against Iran, but oddly enough, Obama abandoned the bases anyway.

Russia got what it wanted without offering anything in return. Putin must be overjoyed. …”

http://33-minutes.com/2009/09/17/polishczech-missile-shields-officially-dead/

 

US, Poland Sign Missile Defense Deal

 

Inside Story – Growing times: Iran and Russia – 04 August 09

 

US & Israel To Develop Modern Arrow 3 Missile Defense System

http://www.youtube.com/watch?v=lsW8Ib0pvUs 

Mullahs are Watching PJTV

 

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