Hypothesis: oBBama will use H1N1 to force socialize health care

oBBama’s chief of staff has been quoted as recommending to always take advantage of a crisis. Why? Because only when there’s a crisis can government force people to take their shit. Only when people are worried about their security can government gain more ground in regulation and taxes. This was true in the Great Depression which begat the socialized New Deal programs. It is always true in war during which people turn a blind eye to internment camps, it was true after 9/11 when everyone in the country was worried about terrorists, and it was true during the economic crisis of 2008-09. In each case, there was a crisis in confidence and the government took advantage of it but increasing their control over society “for our own good.”

I have an eerie feeling about some things that I’ve been seeing recently that have to do with this crisis=government growth philosophy.

First, oBBama has received considerable flack for his shitty health care reform plan. Half the country is vehemently opposed to it and a few people like it (the others are getting paid to like it).

Second, we’ve been hearing rumors about H1N1 getting worse and that “they” are expecting a really bad pandemic.

Third, military personnel have been forced to take the flu vaccine, which indicates drastic measure in preparation for the predicted outbreak.

So, what does that mean? Nothing yet, but if there is a major outbreak of H1N1, I will look for oBBama to angle it in such a way (either by restricting vaccinations or monopolizing them through the government) that will make socialize medicine look like a good idea. I can imagine his goons monopolizing the vaccine and using it as leverage to force people into a recommended national health program.

What happens if the liberal fascists get control of the health care system is beyond the scope of this post, but I will guarantee it won’t be pretty.

I hope nothing disastrous happens, but I wouldn’t put it past the oBBama administration to use such a crisis to increase their socialized ways.

Susan Davis Sucks my ass

Yet another rejection of the government-whore’s constituents’ requests to limit federal government:

Thank you for contacting me to share your concerns about H.R. 875, the Food Safety Modernization Act of 2009.  It was good to hear from you, and I welcome the opportunity to respond to your comments.

Due to recent and historic concerns regarding food safety regulations in our country, many in Congress are keenly interested in finding equitable solutions to our regulatory problems.  There is certainly a need to reform and rethink the operations of the FDA and related agencies.  Currently, three different agencies have overlapping jurisdiction over the food supply.  None has overarching authority or responsibility for the quality of food.  Contaminants are not even subject to a single standard.  Instead, from the field to the table, different rules apply.

H.R. 875 would create a dedicated Food Safety Administration within the Department of Health and Human Services to deal with these concerns.  A dedicated food safety agency is certainly an idea worthy of serious consideration, and I will monitor this bill closely as it moves through the legislative process.

I certainly understand your concerns, and I will keep your thoughts in mind.  In considering changes to both food safety and agriculture industry regulation, I believe that the needs of American’s consumers must be our first priority.  We must also find ways to manage the regulatory process while not compromising the nutrition of foods or undermining the efforts of small and organic farmers.

Once again, thank you for contacting me.  As your representative, I both need and value your perspective.  Please sign up for my E-Newsletter on my website www.house.gov/susandavis, if you would like to receive regular updates about what is happening in Congress.

With warm regards,

SUSAN A. DAVIS
Member of Congress

Why don’t you warm yourself up with these regards: fuck you! Here’s another perspective on the bill (from Campaign For Liberty):

Pay special attention to

• Section 3 which is the definitions portion of the bill-read in it’s entirety.
• section 103, 206 and 207- read in it’s entirety.

Red flags I found and I am sure there are more………..

• Legally binds state agriculture depts to enforcing federal guidelines effectively taking away the states power to do anything other than being food police for the federal dept.
• Effectively criminalizes organic farming but doesn’t actually use the word organic.
• Affects anyone growing food even if they are not selling it but consuming it.
• Affects anyone producing meat of any kind including the processing wild game for personal consumption.
• Legislation is so broad based that every aspect of growing or producing food can be made illegal.  There are no specifics which is bizarre considering how long the legislation is.
• Section 103 is almost entirely about the administrative aspect of the legislation.  It will allow the appointing of officials from the factory farming corporations and lobbyists and classify them as experts and allow them to determine and interpret the legislation.  Who do you think they are going to side with?
• Section 206 defines what will be considered a food production facility and what will be enforced up all food production facilities.  The wording is so broad based that a backyard gardener could be fined and more.
• Section 207 requires that the state’s agriculture dept act as the food police and enforce the federal requirements.  This takes away the states power and is in violation of the 10th amendment.

There are many more but by the time I got this far in the legislation I was so alarmed that I wanted to bring someone’s attention to it. (to the one person who reads my blog)

Why smokers suck

Here’s an example of the typical inconsiderate ass-nugget smoker. Not considering the countless people walking around that don’t want to smell her vehemence, there’s a clearly-marked “Thank you for not smoking” sign posted right under her ass. Hey smokers- you suck!

Debate on Man-made Global Warming not quite over

If you listen to Al Gore only—first off, I pity you—but second, you may not get the whole picture about the environment. REcently, the Senate released a study presenting doubt about man-made global warming:

Over 700 dissenting scientists (updates previous 650 report)  from around the globe challenged man-made global warming claims made by the United Nations Intergovernmental Panel on Climate Change (IPCC) and former Vice President Al Gore. This new 2009 255-page U.S. Senate Minority Report — updated from 2007’s groundbreaking report of over 400 scientists who voiced skepticism about the so-called global warming “consensus” — features the skeptical voices of over 700 prominent international scientists, including many current and former UN IPCC scientists, who have now turned against the UN IPCC. This updated report includes an additional 300 (and growing) scientists and climate researchers since the initial release in December 2007.  The over 700 dissenting scientists are more than 13 times the number of UN scientists (52) who authored the media-hyped IPCC 2007 Summary for Policymakers.

Check it out here

GM and Segwey’s PUMA- hopped up wheel chair

This thing could be a profitable endeavor and save GM’s butt, but something I read online was disconcerting:

“We have to cut deeper, we have to cut faster, we have to reinvent the company, we have to reinvent the automobile,” Burns said. “The good news is the government is going to help us make this journey.”

Oh really? Is the government helping you make that journey? Or is it the TAXPAYER? ME? You nitwit.

environmental services

I thought this was funny:

That

McCain Palin on energy

From Sara Palin’s speech:

Our opponents say, again and again, that drilling will not solve all of America’s energy problems — as if we all didn’t know that already.

But the fact that drilling won’t solve every problem is no excuse to do nothing at all.

Starting in January, in a McCain-Palin administration, we’re going to lay more pipelines … build more nuclear plants … create jobs with clean coal … and move forward on solar, wind, geothermal and other alternative sources.

From McCain’s RNC speech:

We’ll attack — we’ll attack the problem on every front. We’ll produce
more energy at home. We will drill new wells off-shore, and we’ll
drill them now. We’ll drill them now.

(APPLAUSE)

We’ll — we’ll — my friends, we’ll build more nuclear power plants.
We’ll develop clean-coal technology. We’ll increase the use of wind,
tide, solar, and natural gas. We’ll encourage the development and use
of flex-fuel, hybrid and electric automobiles.

Obama in acceptance speech:

As president, as president, I will tap our natural gas reserves, invest in clean coal technology, and find ways to safely harness nuclear power. I’ll help our auto companies re-tool, so that the fuel-efficient cars of the future are built right here in America.

And I’ll invest $150 billion over the next decade in affordable, renewable sources of energy — wind power, and solar power (OTCBB:SOPW) , and the next generation of biofuels — an investment that will lead to new industries and 5 million new jobs that pay well and can’t be outsourced.

My question to McCain- why haven’t we started producing more nuclear plants? we have the technology and resources- why do we have to wait until you get elected?

My question to Obama- aren’t we already safely harnessing nuclear energy in the 40-odd plants we already have? If not, get us the hell of the continent! Also, sounds like a lot of investment- will this cost perhaps more than gas costs now?

It’s interesting to note that from their word choice, it looks like McCain/Palin are thinking collectively (using ‘we’) whereas Obama is thinking individually (using ‘I’). I don’t know how Obama plans on paying for all that investment by himself- his books aren’t doing THAT well!

Mortgage Bailout Debacle

CALL TO ACTION: Government Fraud And You

Ok folks, it appears that indeed Fannie and Freddie (which I will hereafter refer to as “Phoney and Fraudie”) will indeed be “bailed out” in some fashion, as will their debt.

Let’s first start with what these firms are. The political types like to claim that these firms are “necessary” or “vital” to the functioning of the housing market in America.

This is a lie.

The Truth is that Phoney and Fraudie are the reason we had a housing bubble.

The Truth is also that these firms have engaged in systematic and intentional compounding of risk at unsustainable, inappropriate and even fraudulent levels, and that we the people have refused to demand that our government put a stop to it.

Yet that is the purpose of government – to stop the “big and powerful” from screwing the “less big and less powerful.”

Right?

The Truth is that these firms own or guarantee, in total, over $5 trillion in mortgages, and have another $2 trillion in other debt they issued and “guarantee.” To put this in perspective, the entire public debt of The United States – that is, the debt that you, the taxpayer, are on the hook for, and which is traded in the public markets, is about five trillion dollars. That’s right – these gigantic hedge funds are bigger than the United States Government in terms of their public debt float.

The Truth is that these firms purchased on the open market nearly $1 trillion worth of subprime and ALT-A mortgages, the latter being essentially speculator loans, and levered them up to eighty to one, which guarantees that a loss of just over one percent wipes them out.

The Truth is that there is no logical reason for any firm to ever do that on the open market, because the risk of a 1% swing in investment returns is not only normal, it is totally expected! These firms did this to “goose” the returns made available to shareholders and executives, and in fact, their executives have been pulling in millions of dollars a year in salaries and bonuses.

The Truth is that every one of these securities says, in bold, all-capital, print, on the face page of the prospectus, that it is not guaranteed – this particular certificate face is from July of this year:

(You can do your own search off this page, and see that every one of their debt issues says the same thing.)

Does that document leave any questions open as to whether there is a “federal guarantee” or “federal backstop”?

Do you have any reasonable belief that The Government will prevent you from taking a potential loss?

Can you find anything in that bold, black, ALL-CAPITALS text that leave any wiggle room of any sort?

No.

But, now, we are told that Fannie and Freddie are “necessary” to the functioning of the housing market, despite the fact that they have, for the last decade, caused the very problem we now face!

How?

Simple – they made mortgage money available at terms and rates that were far below where the market would have set them, based upon risk.

As a consequence we had a nation of House Flippers, we had a nation of speculators, and we had a stock market that went on a tear from 2003 to 2007, and every bit of it began with and was fueled by the increase in leverage on debt that exploded higher as Fannie and Freddie “guaranteed” mortgages that they had no capital behind!

The Government sat back and cheered this. Alan Greenspan, Ben Bernanke, George Bush, Henry Paulson. All of them.

Who remembers “Go out and shop!” after 9/11?

Let’s look at who is really being bailed out here, and who is going to get the bill.

Sixty-six global central banks buy Fannie and Freddie GSE paper, with the largest owners being the Chinese and Japanese. As of June 30th, foreign holders held $1.4 trillion of that paper.

I have repeatedly chronicled the threats from China regarding these firms leveled at our government.

Make no mistake folks, the Chinese government has in effect declared economic war on The United States. They expect our government to tax you, United States citizens, to make them whole on bets they took knowing the risk.

THIS is what we are dealing with folks.

Hank Paulson, George W. Bush, the Republicans and The Democrats just sold you out.

All of them.

Now let’s talk about the real impact of something this stupid (trying to bail out these firms), and that’s exactly what it is, STUPID.

Let’s say you have a $200,000 mortgage to get, 30 year fixed, at the present 7% interest rate. Your Principal and Interest (P&I) on that loan is $1322.88.

Ok. The Government takes on the liability for the entirety of the GSE debt – all $7 trillion of it. This doubles the public float. The market will see this as a doubling of the debt of The United States, and as a consequence long bond rates will go higher – and so will mortgage rates, because those are set by, roughly, the swap rate on that money.

So let’s say that the 10 year bond goes up just one percent in yield, and mortgage rates go up 1% as well.

Your payment just went to $1457.81.

Ah, but you say, the government could allow 40 years to pay. Ok. Your payment is now $1381.

Heh wait a minute!

The Government did this and mortgage rates went up, not down!

But it gets worse. Much worse. See, all houses are, essentially, priced on the cost of the money. So what really is happening this weekend?

Well, let’s say that rates go to 8% from 7%, and let’s further assume that the 30 year term remains. Your house value just fell from $200,000 to $182,960, an eight and one half percent instantaneous deflation.

Oh, and that rise to 8% is likely rather understated. 10% is quite within the bounds of expectation. Should that occur, your $200,000 home will immediately deflate in value to $153,232, a loss of nearly 25% on top of what you have already suffered.

Betcha you didn’t know that.

Hank Paulson, The Democrats, George W. Bush and The Republicans have stolen tens of thousands of dollars from you already, and they will steal tens of thousands more from each and every one of you unless you, America, stand up right now and stop it.

We are beyond petitions folks.

You must choose.

American Idol or direct action.

Starbucks Lattes, or direct action.

A beer at night, or direct action.

What is direct action?

It is a concerted, cohesive, and unmistakable act that leaves government little choice but to bow to the will of the people.

In this case, I suggest a general strike.

Nobody goes to work Monday. Everyone, instead, heads to their nearest large town or city and parks themselves in the middle of the street (on their butts), effectively shutting down commerce. At the same time, the people generally must coordinate millions of Americans to simply refuse to pay any debt – of any sort – until this rabid ripoff ends and instead of bailouts Phoney and Fraudie’s executives get a prison cell.

THAT will get Washington’s attention and force them to stop this crap.

It is the only thing that will.

Neither of your Presidential candidates has pledged to stop this, and neither has lifted a finger to do so, even though both are sitting Senators and could have.

Neither political party has done a damn thing to stop this. Yes, some Republicans voted against the Housing Bailout bill, but there was no cohesion, and many of them voted for it.

You can choose America, but your time to choose has just about expired.

We are quite literally facing the possibility of a government funding cost ramp, which can lead to the collapse of government financing. Tax receipts are already way down and will go much lower. Corporate profits, from which are taxed, are also in decline. Add to this a doubling of the public float and we could easily find ourselves unable to fund any of the social programs, infrastructure, or other spending that you think Government owes you.

Down this rabbit hole lies a Greater Depression, worse than the 1930s, or, if the government were to panic (and it will – see the recent examples in Bear Stearns and now Fraudie and Phoney), an all-on hyperinflationary explosion that renders everyone’s savings and investments worthless occurs overnight, followed shortly by the collapse of the government.

No government in the history of mankind has managed to engineer a hyperinflation and get out of it intact, but there is a mathematical point beyond which debt service exceeds income + spending necessary to maintain life (of the government) and at that point such an implosion becomes inevitable. This is mathematics, not politics.

In each and every case where that line was crossed and hyperinflation ensued a dictator or fascist state has risen and overthrown the previous government, frequently by force, and the people’s wealth has been destroyed. All of it.

I repeat for emphasis: History says that this has happened every single time a government has attempted to walk this path.

While there are those who say that we “can’t” have deflation because it would be horrible and we “must prevent it”, if the government continues down its present path what we will get is far worse.

Yes, folks, we are headed for a Depression. It is unavoidable and both political parties are responsible – along with, ultimately, you.

But we must, here, now and today, rise as Americans and stop the insanity of instantaneously doubling the public debt by backstopping the GSEs. This is a quantum leap from where we were just a day ago, and if we permit it to happen, the required increases in debt and money supply to “keep pace” will compound at an exponentially-increasing rate until everything you own has become worthless. At that point commerce essentially collapses, reverting to barter-only, the government becomes unable to tax and thus cannot issue any more debt or roll that which becomes due.

Oh, and if you’re a gold bug?

They’ll come and take that. They did in the 1930s and they will again.

The clock has struck 12:00 and we are about to find out if America is going to turn into a Pumpkin or not.

You, as Americans, must choose.

Here.

Now.

Today.

If you choose to watch American Idol instead of putting a stop to this, we will have taken what may prove to be an irretrievable step toward madness.

Time expires tomorrow, Sunday, before the Asian markets open, when Treasury is expected to announce that they have screwed you out of your accumulated wealth, savings, and your house, in the name of “stabilizing” the GSEs. If they have not received the message from you, America, by then, there is no way to know if we can step back from the precipice, as this step may well be covered in grease.

Karl Denninger – The Market Ticker
Market-Ticker.Denninger.Net

Obamaganda

These propaganda pieces are classic. The tri-color image of Obama with “Progress” or “Change” on the bottom. I had to mix it up a little bit.

By the way, what do you think of when Obama says “change”? It’s not very clear is it? Chances are everyone has a different idea of what that means. How about a candidate who spells out what he wants for this country: L-I-B-E-R-T-Y!

Ron Paul Revolution

Gas tax relief- it’s about time

The hot topic recently in the Presidential race is what the candidates would do about the gas tax which tacks on an additional 18+ cents on each gallon of petrol that we pump into our fatass SUVs (McCain and Clinton for it and Pelosi against it).  At $4 a gallon in some places, the 18 Lincolns looks pretty small, but after 18 gallons a fillup each week, that discount would add up. The point, though, isn’t should we get rid of the tax, it’s why is there a gas tax anyway?

Why is gas treated differently than any other product we buy? Milk doesn’t have a milk tax; water doesn’t have a water tax; but gas has a special gas tax. Did you even know there was a gas tax?  It’s not displayed on the receipt like regular sales tax.

The reason for all this is because gas is a product of an elaborate government-oil industry structure designed to keep us dependent on oil and continuing to pump money into their system. The gas tax is just one thing that those in power have done to keep the system the way it was for so long and now that it’s breaking with higher oil prices, one thing they can use to act like they’re helping the consumer out.

A gas tax break is the least they could do.  Those in charge can get rid of the subsidies that have kept oil companies in charge of energy in this country for so long. They can reduce regulation to nuclear and other alternative fuel sources, and they can stop giving money to the Middle East!

Maybe after all of that, we will have a clean, efficient, and cost-effective way of powering this country—something that could have happened decades ago if it weren’t for this monolithic oil-government structure.