Free Markets

Our Children Are Guinea Pigs for a Radical Education Experiment-Common Core

Governor Herbert has been ill-advised by the State School Board, and both have seriously bought in to the federal government lie that Common Core is a good thing that will help Utah’s children be better prepared for employment in the coming world. Being an excellent administrator, having once reviewed Common Core with his advisors and having once decided to implement it in Utah, the Governor naturally continues to support what he believes is a good program for our state. However, much like Obamacare (which was sold as helping consumers by lowering the cost while improving the benefits of health insurance, and by assuring consumers that if they liked their plans/doctors they could keep their plans/doctors-and all these assertions were later found to be lies), as Common Core is implemented, the Common Core lies also began to unravel.

Before Common Core, educational standards (which determine what is taught and tested for) were written by each state with input from the grassroots (i.e. children, parents, grandparents, teachers, local school boards, local leaders, etc.) based on community values, expectations and goals and backed by researched, evidence-based and time-tested principles. Local folks could raise or lower standards based on what the grassroots people (i.e. parents/teachers) determine meets the needs of the local communities. With Common Core, the federal government tells the states what their educational standards will be and even if the local communities wanted to raise the standards, they are prohibited from doing so. Common Core has never been studied, there is no evidence that it can accomplish what is promised and there has not been even a single pilot study. Do you agree with the government that American children should be mandatory guinea pigs in this academic experiment?

Common Core was developed and forced upon the States (enticing them with promises of big money) by the federal government. Common Core is based on Big Government secular/pagan values and Big Government/Big Corporation goals:  to have a ready supply of compliant employees/bureaucrats by total brainwashing and indoctrination of students, total federal control of educational pathways students will take (i.e. college versus vocational, etc.), and gaming the system to produce fake “education outcome equality” (i.e. mediocrity) by means of computer “adaptive” testing. By test design, regardless of what the student actually knows about the subject, every child scores near the 50% mark on each test such that each child passes every course and graduates at the top of his class.

Just as illegal immigration is designed by the federal government to produce manual laborers who will accept lower wages than citizens would, the federal government has designed Common Core to produce automatons, parroting the party-line, carrying out orders and decrees and accepting whatever fate the government decides for them without objection. If you want to learn more of the truth about Common Core, more than the whitewashed hype you can get from the government or the mainstream media, click on this link to go to the  website “Utahns Against Common Core”.


Corn Ethanol in Gasoline Gets a Failing Grade

I was glad to see the EPA propose to reduce the amount of ethanol required to be blended into our fuel. Now, I urge the EPA, and Congress, take this proposal to its logical conclusion:  eliminate ethanol mandates altogether. First, the federal government does not have the constitutional authority to dictate what Americans use to fuel their vehicles. Also, initially the use of ethanol added to gasoline was intended to help us move towards energy independence, reduce the cost of fuel, and decrease pollution.

More recently, U.S. energy discoveries, along with the development of Clean Coal, have shown that we can have energy independence virtually forever, if the federal government would cease its campaign to obstruct, delay and destroy fossil fuel industries, which continues to desolate whole communities in large swaths of the country. As for the hoped for reduction in pollution, there is virtually no difference between the amount of pollution produced by the combustion of gasoline alone versus combined with ethanol. In addition, prices at the pump show that the ethanol/gasoline blend is much more expensive than gasoline alone, mostly due to high ethanol production costs.

Consumers across the nation have spoken out against the ethanol mandate and called for a full repeal. We don’t want to see high levels of ethanol in fuel ruining the engines of our older cars or making our chainsaws, generators, lawnmowers, leaf blowers, snow blowers, etc. unworkable. We are tired of seeing sky-high food costs due to edible corn crops being diverted to inedible corn crops to produce ethanol.  Corn per se is widely used as a food staple, as an ingredient in many processed foods for humans, and as feed for livestock, which leads to increased prices for such commodities as meat, dairy, eggs, cheese, etc.

Most countries around the world, have seen sharply rising food prices, food scarcities and rationing, at times leading to political unrest and contributing to revolutions (i.e. North Africa), triggered in part by the diversion of growing corn crops from food crops to non-food varieties used for ethanol production. Hunger and starvation in the poorest nations (children suffer from famine disproportionately more than adults) of the world are on the rise; decreasing food varieties of corn crops, caused directly by U.S. laws mandating ethanol production, plays a devastating role in this humanitarian crisis.

Absent any real advantage, and considering the multiple, compelling reasons for America to cease mandating any portion of corn production as inedible varieties for ethanol production which we are then forced to use in combination with gasoline to fuel our vehicles, we must, in all good conscience, abandon this dangerous and failed Renewable Fuel Standard law.

Can the Twin Plagues of Inflation and Joblessness be Abated?

Recent unemployment figures show that we remain deep in recession despite the fake stock market gains due to the Federal Reserve propping it up. Money is being lent to Wall Street for non-productive activities to invest in bets on market trends and to speculate on and manipulate the price of oil and food commodities that increases the cost of gas and food to the consumer. At the same time, small businesses, the core of U.S. productive industry, cannot obtain credit to hire new employees or expand.

The government does not consider energy or food costs in reporting falsely that we’re experiencing little inflation. In fact, we’re experiencing significant inflation in the cost of energy and food because of Wall Street speculation and the Federal Reserve printing billions of dollars and creating trillions of dollars to give to big banking institutions to keep them afloat despite their being insolvent.

Many big businesses have a good reserve of cash on hand, but are reluctant to hire new employees or increase their productive activities because of uncertainty as to how new taxes and regulations will adversely affect their profitability. Many other businesses have been driven offshore by high taxes, stifling regulations and unreasonable Big Union demands, taking jobs offshore with them.

Another factor that’s increasing the cost of food is government subsidies for ethanol production from corn; a significant number of acres that used to be planted with food corn (both for humans and for animal feed), are now planted with different corn strains that are only useful for ethanol production. Government meddling in this respect has increased corn ethanol production with the adverse effect of decreasing food corn production driving higher prices for all foods that depend on corn (i.e. corn products, poultry, eggs, dairy, and other meats). The Obama Administration’s continued refusal to develop domestic fossil fuel energy resources prevents a lot of job creation that we could have in establishing energy independence from less than friendly foreign sources subject to regional turmoil.

To jumpstart our failing economy and put our people back to work, government must get out of the way with significant tax and regulation reform to bring jobs back to America, and the current imbalance of power between management and labor, in labor’s favor, promoted by government, must be reversed. Ethanol subsidies must be ended immediately, and an aggressive policy of allowing and encouraging domestic fossil fuel energy development must be undertaken.

Congressional audit and control of the Federal Reserve is essential to promote financing of productive small businesses instead of non-productive Wall Street gambling and to prevent further devaluation of the dollar by printing money and adding billions of dollars to the money supply. Each day that passes that we fail to take these first steps towards economic recovery prolongs the recession, ruins formerly successful businesses, stifles innovation, and incurs further catastrophic losses for individuals, both in terms of assets like homes and retirement, and in their personal lives.

The Power to Make & Control Money Derives From Natural Law

In the charter documents of the United States, the Founding Fathers highlighted Natural Law from which mankind’s unalienable rights are derived, including the right to life, liberty, property and the pursuit of happiness. These natural and unalienable rights, especially with regard to property and the pursuit of happiness, necessarily involve economic freedom and free enterprise. Natural Law, the Founders related, also defined and restricted the role of government to that of securing these natural rights to the people, without otherwise getting in the way of the individual’s pursuit of happiness. The Constitution, based on Natural Law, grants specifically limited powers for the sole purpose of enabling the federal government to protect and preserve these rights.

One of the major tasks of government is to protect the nation’s lives, liberty, property and economic freedom from foreign invasion. Primarily for this purpose, the Constitution provides the federal government with the power to raise and command military forces in the nation’s defense against foreign military attack. The Constitution, in granting the government the power to make and control money, also provides for the defense of the country from another form of foreign invasion and attack, that of the International Banking Cartel, which through its ownership and control of the Federal Reserve, and the Federal Reserve’s absolute monopoly to make and control money, seeks to ensnare all Americans in debt-bondage and precipitate boom and bust cycles that lead to the systematic, legalized theft of American property.

The monopoly power to make and control money was usurped by the Federal Reserve while the nation’s leaders stood by helplessly, silently complicit in the construction of this most egregious form of Corporate Statism. This wholly, privately owned business (there is NO government ownership or control of this business) is strictly controlled by foreign banking interests, who operate this government-granted monopoly with the singular goal of acquiring America’s wealth without respect to natural rights. Only by restoring the power to make and control money to the Congress, as prescribed by the Constitution, can the federal government fulfill its Natural Law role in defending the nation against this form of foreign invasion and in securing our natural rights to economic freedom, property and the pursuit of happiness.

Some see the call for restoration of the power over money to government as a departure from free enterprise principles in favor of centralized, typically inefficient and imprudent government control. However, the Federal Reserve banking system, as a government-granted, Corporate Statism monopoly, never was free enterprise, it selectively dispenses financial advantages to its crony businesses thereby removing the effects of free market competition, and its persistently imprudent actions have led to massive erosion of the dollar’s purchasing power and to recurrent periods of economic chaos and collapse.

In addition, there is a clear duty of government to protect and preserve Americans’ natural rights to life, liberty, property and the pursuit of happiness in defense against economic invasion, manipulation and conquest by the foreign, International Banking Cartel. Protection of economic and property rights by the constitutional power over money is no less a Natural Law role of government than that of maintaining military forces to defend against military assault.

The federal government has the responsibility, duty and authority to protect America’s property and economic freedom, and can and should restore the power to make and control money to Congress. The concept of the individual States sponsoring their own public banking system, minimizing the power and negative effects of the Federal Reserve banking system monopoly on a Statewide basis, and promoting State commerce, industry, employment and prosperity, is a natural function of State’s rights and sovereignty in the protection of its citizens’ rights, and is complimentary to and does not conflict with the federal power over money.

The Great Recession: what is the root cause and is there a way out?

(Updated 12/05/2010)

Subprime Mortgage: a mortgage given to an individual who is likely to default on payments and the mortgage as a whole.

The narrative promoted by Obama and the Democrats and passed along to the public by the lame-stream media, is that eight years of Bush administration policies, cronyism with big corporations and Wall Street, and war-mongering with loss of U.S. treasure on contrived foreign wars led to the collapse of the housing sector and U.S. financial markets, which has caused our current Great Recession with volatility in financial markets affecting the retirement savings of millions of Americans, the loss of U.S. manufacturing industry, high unemployment and business stagnation.

The story goes on to claim that because of Obama policies, bailing-out and taking-over private companies, and the high level of government spending under the Obama administration working in concert with a Democrat majority in Congress, significantly deeper and more painful economic disaster has been averted by stimulating the economy and saving or creating millions of jobs.

Further Democrat narrative claims that the new Obama financial law brings much needed regulatory control of financial markets that prevents Wall Street from taking the kind of risks that they took with subprime mortgage derivatives that led to the financial collapse. The narrative also claims that the new financial law frees the taxpayer from ever having to pay for anymore bail-outs of companies “too-big-to-fail”.

While this grand Democrat myth seems plausible on the surface and has a certain appeal to a public that has been much abused by the excesses of Wall Street and the loss of gainful employment by businesses moving offshore and deserting everyday Americans, there is the minor annoyance that the facts just don’t support the story.

In fact, the collapse of housing and financial markets, the loss of U.S. industry and jobs, and our current Great Recession were brought about and then worsened by failed Democrat policies that persist in supporting unacceptably high-risk Wall Street ventures based on taxpayer-guaranteed, subprime mortgages that Democrats continue to encourage, and future government-mandated, tax-payer-funded bail-outs of failing “too-big-to-fail” companies that was written into the new financial law.

The new Obama Financial Law canonizes for select, large financial companies that profits are privatized while losses are socialized (i.e. if these big firms undertake high-risk ventures and make huge profits, they will pocket the gains; however, if in taking on high-risk ventures they lose big, their losses will be absorbed by the government with taxpayer funds). Some call this close relationship between government and large corporations State Capitalism, but a more appropriate term would be National Socialism (from which the German National Socialist or Nazi Party name was taken and whose precepts Hitler and the Nazi Party embraced).

It is also the inconvenient truth that Democrat policies have produced the loss of U.S. industry and jobs, and Obamacare, the new financial law, the promise of higher taxes and Democrat anti-business rhetoric has dramatically increased the costs of doing business and created such uncertainty that American businesses are virtually paralyzed. While large, government-favored financial institutions have been showered in taxpayer funds to keep them strong, small banks and businesses on Main Street have been abandoned by the federal government and hung out to dry.

Beginning with the Clinton administration, Fannie, Freddie and other mortgage banks were coerced by the Democrats to give mortgages to low-income families so these families could participate in home ownership and enjoy some of the economic benefits of the middle-class, a seemingly noble humanitarian goal.

While it’s a worthy goal to want to help as many low-income citizens as possible join middle-class America through home ownership, what may have seemed initially like a blessing has now become a curse. In the medical profession’s Hippocratic Oath it encourages physicians to do all they can in the interests of the patient, with this final caveat: But above all, DO NO HARM.

Since the mid-1990’s almost all lenders have been making subprime and creative mortgages. These loans are called subprime because the homebuyer is at significant risk of not making payments and of defaulting on the mortgage at some time in the near future. In the originating lenders’ rush to collect the inflated fees and points that were producing huge profits for themselves, lenders often overlooked or failed to verify creditworthiness, employment status, citizenship, or ability to repay the loan.

Since originating lenders quickly bundle and sell the mortgages they write to Fannie, Freddie, other large financial institutions, and Wall Street firms like Goldman-Sachs, what should they care if the homebuyer should default some time in the future? The originating lender has made its profits by charging low-income homebuyers more to make a subprime loan than it charges for other homebuyers.

While the low-income homebuyer gets hit with a huge bill from the lender for advancing the loan, these loan costs are usually hidden in the loan amount to be advanced and taken off the top by the lender, so the homebuyer doesn’t feel it until later on in the loan repayment schedule. After signing loan documents, and before the ink is dry, the originating lender immediately sells the mortgage. The subprime hot potato has been passed to someone else, who will pass it along to again another or multiple other investors (i.e. Fannie, Freddie, Bank of America, Citibank, JPMorganChase, and Wall Street firms such as Goldman Sachs).

Subprime homebuyers take another hit when the loan terms are written. Typically, an Adjustable Rate Mortgage (ARM) is set up providing for an initial low monthly, low interest, interest-only house payment. Then over the subsequent 3-5 years, the homeowner sees his interest rate increase and also begins paying back principle along with the interest payments which often doubles or triples the initial monthly payment to a level that the homeowner had not anticipated, a level of payment that the homeowner cannot sustain for long without exhausting all resources. Many of these subprime loans have a large balloon payment due at 3-5 years. Also, virtually all subprime borrowers are required to purchase mortgage insurance which adds a significant sum to the monthly payment.

The lender predicts while making subprime loans that the homebuyers are likely to default within the first 3-5 years. Even if the originating bank holds the subprime mortgage it makes, the bank makes money from making the loan, collects monthly payments for the duration of home ownership, and forecloses on and takes possession of the home for resale when homeowners default. As long as home values continued to rise, if the bank had to foreclose on the home, the bank stands to make a profit on this too. In addition, since all subprime mortages require mortgage insurance, if the homeowner defaults, the bank can turn to the mortgage insurance company (AIG ring any bells?) to pay off the defaulted mortgage.

Many subprime lenders utilize predatory loan practices that benefit the lender at the expense of the homebuyer. Such as lending to low-income, would-be homebuyers, where the lender knows in advance there is high risk of default, higher loan costs are charged the homebuyer but hidden in the loan amount, ARMs are set up as described above where over several years a reasonable payment becomes two to three times it’s original amount, there may be an unrealistic balloon payment required, and the cost of mortgage insurance is added to the monthly payment.

If not too many homeowners default on their mortgages at once, this is not an unmanageable or unprofitable situation for banks. So, while lenders making subprime mortgages clearly reap huge profits from these predatory practices, the low-income homebuyer takes another hit with foreclosure, eviction, and financial and psychosocial-emotional loss. Rather than being a benefit to low-income families, hundreds of thousands of subprime mortgages have defaulted and are in foreclosure; many more such loans are due to default over the next several years. Massive subprime mortgage defaults resulting in collapse of the housing, financial and insurance markets, and the ensuing Great Recession has brought about untold misery for these families and for most Americans.

The fact that most mortgages are federally guaranteed (using taxpayer money), explicitly or implicitly, encourages the financial sector to consider these high-risk, subprime mortgage bundles and the Wall Street securities and derivatives based on them as low-risk investments.

The government mortgage guarantee converted a known high-risk investment into a low-risk one, being secured by mortgage insurance companies and also by the good faith and credit of the United States. These mortgages were securitized and sold by Wall Street as prime investments, not based on the usual anticipated high homeowner debt repayment level, but based solely on the insured value and the government mortgage guarantee.

When millions of these homeowners began to default on their subprime mortgages as predicted, a glut of troubled or foreclosed upon homes on the market produced a fall in home values, making most American homeowners upside-down in their mortgages (the mortgage balance owed is greater than the current appraised home value). Securitized subprime mortgages were leveraged as derivatives at 100:1 and greater, and when the housing market collapsed and mortgages were defaulted, the value of the derivatives evaporated as well leaving the Wall Street investment banks owing 100:1 on their products which now no one was buying.

In 2006, the Bush administration tried to rein in Fannie, Freddie and the other mortgage banks and halt any new subprime mortgages with government guarantees to people who could not afford them. Democrats in Congress resisted all efforts to provide judicious oversight or regulation of this high-risk activity. As late as 2008, Democrat leadership in Congress assured the American public that Fannie, Freddie, and the U.S. housing and financial markets were in good shape and as strong as ever.

When the subprime mortgage housing crisis began to grow and spread, Wall Street firms and other large financial institutions filed insurance claims based on the defaulted subprime mortgages, that led to the failure and federal bailout of large insurance companies like AIG, that were insolvent and unable to satisfy claims. The financial sector next went to the federal government for the guarantee and the government gave the financial and insurance companies taxpayer money to bail them out.

The bubble of subprime mortgages was contrived and executed and Wall Street and other financial company excesses were subsidized by Democrat policies that led directly to the current Recession. While the Bush administration was admittedly far from perfect, Bush is not responsible for the current recession—this blame is more appropriately laid at the feet of the Democrats.

While the Bush administration did little to hold down government spending and deficits, Obama has raised spending and deficits more than twice as high as levels under Bush. Most of the Bush deficit expenditures were for a prescription drug program for seniors, and providing justifiable action for national security defense against Islamic Jihadist terrorists.

On the other hand, most of the Obama expenditures have been political payback to Democrat cronies, like Wall Street, the unions, environmentalists, ACORN and other subversive groups, and increasing the size of government and the number of government employees, along with ensuring that federal employee salaries and benefits were more than twice those of comparable workers in the private sector.

The fact that Bush did a limited amount of damage to America through deficit spending on widely desired and other essential, constitutional government functions, does not justify Obama’s multiplying Bush’s deficit many times over with frivolous and wasteful, pork-barrel, political payback while aggressively acting to destroy American free market capitalism, abridge American freedoms, stifle the voice of opposition and critical analysis, weaken American and allied national security defenses, increase American subservience to international interests and secure long-term power to himself and the Democrat Party.

Big Labor, and high corporate taxes, both strongly supported by Democrats, have forced companies to leave the United States and take their businesses elsewhere to remain competitive. If we could have stopped the unions in the 1980’s, and maintained a more reasonable business and investment tax policy we might still have a private auto industry, other manufacturing, and a stronger business sector with higher employment in our economy. Even now, we have the opportunity to dramatically reduce corporate and investment taxes and see business and industry return and boom in the U.S.

However, in order to hire employees, expand the business and increase production, business needs capital. Despite a massive infusion of taxpayer dollars, money is still tight. The banks still are not lending to the economy what the economy needs to grow. When the banks get back into the business of providing the needed capital to the economy instead of just investing overcautiously in Treasury Bills, the economy will have a chance to start growing again.

In the United States we don’t have a typical parliamentary system, but we do have a fairly strong two party system. Many times in the past, third parties have been formed, and while they may temporarily sway American thought and the direction of the two major parties, none have been successful in being any real, long-term influence on American politics. The plan of the Tea Party from the start was to take over, from the inside, the Republican Party, taking it from the establishment which had lost its way and return the party to its roots in fiscal responsibility, smaller government, lower taxes and free markets within the framework and freedoms of a Constitutional Republic. The Tea Party did not want and refused to go down that pointless, third-party road.

Large numbers of individual, average Americans, most for the first time in their lives, moved beyond their comfort level, took a stand against the fiscally irresponsible policies of both major political parties, and worked long and hard hours to get good people with Tea Party views to win in the Republican primaries. Many progressive incumbent Republicans were replaced in these primaries with a Tea Party-supported Republican candidate. In the general elections, many progressive Democrats and earmark and spend establishment Republicans were roundly defeated and replaced with Tea Party Republicans committed to sound fiscal policies.

Over time, the goal is to replace progressives of all party affiliations with Tea Party Republicans such that the Republican Party will be the party of Tea Party principles and values, and the majority party in federal, state and local government. The “Tea Party” is not an actual political party, but a loose organization of Republicans, Independents, Constitutionalists, Libertarians, Unaffiliated and even some Democrats fed up with politics as usual forming thousands of small patriot groups that together make up a rather disjointed but broad-based and committed, grass-roots political movement.

There is nothing illegal, immoral or unethical in being a Tea Party Republican. Rather than serve to prop up the corrupt Republican or Democrat establishment in Washington, Tea Party Republicans have been charged with the special mission of restoring the Republican Party and the nation to correct, constitutional principles of government that promote freedom and prosperity.

There is less than zero basis for any type of legal or ethical challenge to these newly elected lawmakers for not being “real” Republicans. The Tea Party movement believes that real Republicans ascribe to Tea Party principles and values, and that establishment Republicans have strayed far too long from their true conservative roots. The Tea Party movement may, in fact, be a part of another “Great Awakening” spreading across America and even well beyond her shores, presenting the possibly of a second chance for other great nations as well.

With an influx of Tea Party Republicans into governments across the land and a Republican majority in the House, slowing down if not actually stopping altogether and reversing the relentless and destructive Obama socialist/anti-colonialist juggernaut is a real possibility. If the average American continues to stand against what is wrong with America, and fights for what is right for America, in the next several election cycles there will be Tea Party Republicans in power across the country, in the House, the Senate and in the Oval Office.

If the millions of Americans who relate to the Tea Party movement continue to stand up for the God-given, inalienable rights guaranteed by the Constitution, corruption and destruction will fail, freedom will prevail, and America will be back on the road to honest industry and real, non-bubble prosperity, building a better life for our children and grandchildren, instead of selling them into future slavery to foreign powers.

Far-Right Extremists with a Radical Agenda Are Set to Descend on Washington

The devastating recession was caused by Democrats insistence on banks, Fannie & Freddie providing government guaranteed mortgages to people who could not afford them. These “subprime” loans were turned into stock assets whose value was determined not by the belief that the loans would be repaid by the borrowers, but by the value of the federal government guarantee of these mortgages. Predictably, when borrowers began to default on these mortgages in large numbers, the house of cards created by the Democrats collapsed creating the current recession.

The radical Obama/Democrat agenda led to bailing-out Wall Street and the insurance industry, taking over auto manufacturing, spending billions of dollars in “stimulus” money on pork-barrel and political payback projects which have failed to prevent the ongoing loss of millions of jobs. Instead of helping small businesses create jobs and get the economy going again, Obamacrats have created large, expensive bureaucracies in a takeover of healthcare and financial regulations and taxes that hamstring businesses and prevent job creation and growth.

Obamacare, the new financial law, higher taxes and Washington’s anti-business positions have paralyzed American business and prevented any real economic recovery. Those who want to reduce taxes for all and facilitate the business expansion and job creation that are necessary for real economic recovery are condemned and ignored.

The new Democrat financial law not only raises serious obstacles to economic prosperity, but fails to cure the conditions that produced the mortgage banking and Wall Street collapse. Rather than preventing any further collapses, this puts Obama’s policies of bailouts into law. Now Wall Street is assured that if it takes excessive risk in its ventures and is successful, it will pocket the profits. At the same time, if taking excessive risk results in failure, Wall Street can rely on a federal government bailout.

Given this situation, there is little incentive for Wall Street to limit risk-taking that can lead to financial collapse and recession. The new financial law also does nothing to halt Fannie and Freddie from continuing to back up new subprime mortgages with taxpayer money, the original root of the problem that led to the current recession.

Passage of Obamacare was paid for with more than $500 billion dollars stolen from and weakening Medicare. While Medicare is facing insolvency in the near future, the Obamacrats have done nothing to help sustain this program.

Everyone in today’s workforce knows that they cannot depend on Social Security being there for them when they need support in retirement. The main reason for Social Security going bankrupt is that Congress steals all the Social Security funds collected each year and spends them on general projects, leaving the Social Security Trust Fund empty.

Obamacrats fight desperately against any change that would prevent them from robbing this trust fund each year, and anyone that offers a plan that would restrict Congress’ ability to gut this fund is accused of wanting to eliminate Social Security. All attempts to fix Social Security and Medicare so that they will be there for retirees in the future are condemned by the Obamacrats.

Billions of dollars are collected from the states by the federal government and a small portion of this money is returned to the states by the Department of Education in funding that is given, provided that the states adopt federal government criteria, methods, curricula and teacher and student indoctrination.

Programs to deal with the unproven theory of a “Climate Crisis” (or global warming, global cooling, or just plain climate change), many through the Department of Energy, are designed to make insider politicians and favored corporations rich from taxing the American public for energy usage.

Obamacrat initiatives have shut down American fossil fuel industry precipitating the loss of thousands of jobs, while financially supporting foreign oil production (even that of Mexico in the Gulf), and denying Americans energy independence.

Obamacrats claim that they support a woman’s right to the privacy of reproductive choice, or the “Right to Choose”. For those who understand that abortion is the killing of a human being growing inside the mother, this is no less than the “Right to Choose Death”. There never was such a “right” to kill one human being just because it inconveniences another. However, there is the well-established, God-given and Constitution-assured right to life.

Problems in this country due to illegal immigration are largely due to the imbalance between U.S. demand for illegal workers and foreigner’s lack of viable employment in their home countries. The U.S. government should use policy and diplomacy to strengthen neighboring economies so that home countries can provide the needed employment for these displaced workers. In addition, immigration law should be enforced such that businesses no longer hire illegal immigrants as workers. If U.S. business ceases to employ illegal immigrants, especially if there are good jobs in their home countries, they will pack up and go home.

The Obamacrats claim to be the defenders of American rights; however, there are consistent actions by these people to restrict inalienable and constitutional rights. Free speech that opposes the Obamacrat agenda is to be suppressed. Obamacrats want to register and limit the right to keep and bear arms in preparation for eventual arms confiscation planned by the federal government. The freedom to practice one’s religion is to be suppressed if religion in any way differs from the political thought of those currently in power.

The Obamacrat socialist agenda also calls for government controlling what kind of insurance you’ll buy, what kind of car you’ll drive, what kind of food you’ll eat, whether you can add salt to your food, whether you can drink sweet drinks, and how much you are permitted to weigh.

The Obamacrats have moved the Democrat Party so far to the Left, that regular Americans are now labeled “far-right extremists” and dismissed as favoring a “radical” agenda harmful to America.

Regular Americans who care deeply about individual rights and responsibilities, who want to restrain big government and put America back to work, and who care about the Constitution and the survival of our country and our culture of freedom are cast by the Obamacrats as deluded, manipulated and ignorant “Astroturf”. But these Tea Party, regular American patriots have no intention of being so summarily dismissed; they will be heard.

Candidates for office who have a similar vision of America are supported by regular Americans and condemned by the ruling class who see this wave of American will as disrupting their carefully crafted world of privilege and power. The truly radical agenda is that of the Obamacrats and the ruling class, and with any luck, the American people will replace the Washington elite with these new American candidates and the radical Obamacrat agenda will be discarded onto the trash heap of history.

The Emperor’s New Clothes

TARP was supposed to rescue our financial system from total collapse by providing capital to failing financial firms; when the firms had stabilized and then paid back the money borrowed plus interest that returned money would be used to pay down the deficit. Contrary to express language in the bill, the Obama Administration bailed-out a number of imprudent financial and insurance firms, not only by the provision of capital, but also by the purchase of stock in these institutions.

TARP funds were also used for the hostile takeover of most of the nation’s automobile industry by stealing the value of the companies from investors and transferring it to the favored unions as part of a grand wealth redistribution scheme. Money returned by the financial firms has not been used to pay down the deficit, instead, it’s become a massive slush fund for Obama to distribute to his favorite special interests, like SEIU and ACORN.

The DISCLOSE Act was forged in dark, smoke-filled back rooms, behind closed doors, with Obamacrats and a gaggle of Most-Favored Lobbyists nose to nose as the special interests wrote in carve-outs for themselves, and the Obamacrats added language that hamstrings the opposition. They claim their legislation increases transparency and provides a more level playing field for more fair campaign financing. In reality, the Act does nothing to increase transparency and skews the playing field in favor of the Democrats by giving them an unfair advantage.

The Act goes on to provide for warrantless, compulsory submission of sensitive, private donor and member lists to the government, exposing vulnerable opposition supporters to government intimidation and persecution. While 2010 pre-election efforts to pass this legislation have been unsuccessful, the ideas behind the proposal have not been abandoned, and similar legislation is planned for the future.

Attempts by the Obamacrats to limit constitutionally guaranteed rights are not restricted to campaign free speech. Laws and executive orders have been promoted to restrict the free practice of religion, to limit other forms of free speech, and to abridge the right to keep and bear arms. In addition, the government takeover of student loans for higher education is being used to promote student indoctrination by providing financial aid only to students attending schools “approved” by the government. Other Obamacrat measures seek to control what kinds and how much energy Americans use, which energy industries will be permitted to survive, what body-mass index (BMI) is acceptable for Americans, and which foods and condiments Americans will consume.

President Obama touts the new financial reform law as ending any further taxpayer bailouts and as a boon to the consumer. In reality, the financial takeover legislation creates more layers of bureaucracy and red tape that dramatically increases cost to any business offering credit or financial services; this increased cost is passed along to the consumer. Millions of small businesses, including doctors, dentists, and local retailers, are no longer able to offer payment plans to their customers. Credit card companies have already raised interest rates and banks are no longer offering free checking in light of the new rules.

Written into the financial reform bill, the President and Secretary of the Treasury, are obligated to bailout, with taxpayer money, any company that they deem, at their sole discretion, to have serious financial difficulties. Favored companies will be propped up and preserved with taxpayer money. Politically unfavored companies, especially those that actively oppose the government’s agenda, will be placed in receivership, assets will be liquidated and sold at bargain-basement prices to favored companies, and favored companies will benefit from the reduced competition.

Two companies that played a big role in the housing and financial collapse that precipitated the Obama Depression, Fannie Mae and Freddie Mac, received a blank check from Obama as a perpetual, unlimited and continuous bailout using taxpayer funds, permitting these companies to continue to make the same high-risk, sub-prime loans that triggered this financial collapse. Likewise, the highly-leveraged mortgage-backed derivative market continues unchecked, where high-risk vehicles can produce eye-popping gains that are pocketed, or staggering losses that are bailed-out by Uncle Sam.

These companies were not included in the new financial law, and the business plan and practices that led to the failure of Fannie, Freddie, and Wall Street firms have not been corrected. The continuous drain on the treasury to pump life into the failed Fannie, Freddie, and others, along with the promise of bail-out for Wall Street and other large companies as needed, does nothing to restrict excessive risk-taking and adds daily to skyrocketing government spending and deficits.

Businesses and individual taxpayers shoulder the burden of higher taxes needed to help people who can’t afford a home buy one anyway, and to enable Wall Street’s gambling addiction by allowing them to enjoy their winnings without suffering the negative consequences of their actions in terms of losses that are bailed-out by taxpayers.

The financial legislation also gives the Administration unrestrained power to determine at its arbitrary and sole discretion, if a business should be declared insolvent or about to be insolvent, to take over that business, and distribute assets to cronies. This has sent a chill over the business community, as it is forced to think twice before donating to the opposition, when doing so could lead to very real dissolution of the business, in retaliation, by Obama’s lethal financial weapon. All of this contributes to iron-fisted control by the government of the American economy on an apparently unstoppable march to socialism and totalitarianism.

Obama’s Stimulus Bill is credited by the Administration with “saving or creating” millions of jobs, and breathing new life into a severely injured economy. The Stimulus Bill was advertised as principally funding “shovel ready” infrastructure projects. The truth is less than a third of the Stimulus money spent went towards anything that even slightly resembled infrastructure projects. Instead of saving or creating jobs, since the Stimulus Bill was signed into law, there has been a net extinction of millions of jobs, most of which were losses suffered by the private sector, and unemployment lines have never been longer, outside the Great Depression.

Most of the Stimulus money, which was primarily supposed to help the private sector, hardest hit by the Obama Depression, has been squandered. At a time when the average government worker makes over twice the income of non-government workers, the majority of this taxpayer-funded windfall went to government and union jobs and benefits, cementing organized labor support for the Obamacrats. The remainder was wasted on pork-barrel payback to other cronies to further strengthen the political base.

Obama and his minions have stumped the country proclaiming the “Bush Recession” over and prosperity in view, believing, against hope, that if they ritualistically repeat the words often enough, they will magically come true and naïve Americans will accept them at face value. On their way to imaginary prosperity, Obama and the Democrats swallowed whole, Keynesian economic theory: if the government could just spend enough billions, the consumer-driven economy would turn around. In reality, despite over a trillion dollars of stimulus, growth remains at a dismal 1.6% and true jobless figures remain at a devastating 15% plus.

The Obama-led race to spend money we didn’t have led to an astronomical deficit; these huge deficits imperil the financial and national security of the nation. As deficits rise, interest on the debt rises exponentially. The excesses of today will be paid for by the sweat of our grandchildren in the future. This is not the legacy that Main Street Americans want to leave for their posterity. Part of the American dream is that our children should have a better life than we did. How can this American dream come true when our children and grandchildren will be saddled with the monstrous debt that this generation has accumulated over our lives? The Obamacrats continue to insist that our country is still much better off, even despite the massive deficits.

But the Family on Main Street is still out of work, and is trapped, upside-down in a high-interest mortgage, unable to refinance despite record low mortgage rates because appraisal value is significantly less than the balance owed. The Family is behind on payments or fighting foreclosure, owes $10-15 thousand dollars in credit card debt at recently raised exorbitant interest rates (another benefit of the financial bill), has exhausted savings and tapped into retirement accounts for living expenses, and has put off necessary expenditures for major items like a new roof, furnace replacement, auto repair or an expensive, indicated healthcare procedure. Despite active searching, no prospect of employment is apparent, and discouragement sets in.

The Small Business (SB) on Main Street is not doing much better: SB has been through downsizing and belt-tightening, trying to remain profitable in a marketplace where demand has dropped precipitously. The SB has too much debt, at unfavorable rates, production is down and receipts are too little. Money is tight, and the SB no longer has a standing line-of-credit with its bank, which it had used on occasion to cover cash-flow shortfalls. On some paydays, the SB owners do not draw a paycheck in order to make payroll for others in the company. What assets remain available are horded by the SB and spending on supplies or maintaining large inventories is curtailed.

A tidal wave of new regulations coming from Washington (Obamacare, the Financial Bill, the DISCLOSE Act and other legislation, executive orders and regulatory agency rulings), many yet to be written by their respective agencies, are casting a pall of uncertainty on the Main Street SB. Heavy regulation, such as that seen over the last 18 months and including the financial reform bill and Obamacare, dramatically increases the cost of doing business.

Without knowing exactly how these regulations will affect it, the Main Street SB knows it’s going to take a major hit. However, it has no way of determining the magnitude of the damage to be done, or to plan for the anticipated increase in costs, restrictions, reporting requirements and red tape. In this overburdened, uncertain and anti-business climate, the SB is paralyzed. Hunkering down, the SB is cutting personnel and other expenses to the bone, is struggling to get out of debt, is conserving capital and deferring any plans for hiring or expansion. Waiting on the sidelines for months and years for the business climate to improve, hope for the promised economic recovery has begun to fade and the SB contemplates permanently closing its doors.

Obama has promised on multiple occasions, that those with an income of $250,000 or less would not be subject to any tax increases. New Obama initiatives, astronomical government spending and deficits, and refusal to renew the Bush tax cuts have crushed that promise by imposing higher taxes on all Americans at a time when Americans can least afford it.

With Obamacare, the President promised “If you like your health insurance and your doctor, you can keep your health insurance and your doctor”. Obama promised that government would not get between the doctor and patient, and that there would not be rationing of healthcare or any “death panels” deciding who will live and who will die on a cost-benefit basis. Obama promised that public funds would not pay for abortion, that government healthcare spending would be contained, that healthcare and insurance expenses for the consumer would be reduced, and that actual savings from Obamacare would help pay down the deficit.

Estimates of the true cost of Obamacare have recently been dramatically revised upward, and this is now shown to be adding significantly to the deficit instead of reducing it. The cost of healthcare and insurance to the consumer has also increased because of Obamacare. Avoiding congressional and public scrutiny, Obama recess appointed “Dr. Rationing and Death Panel” as the director of CMS, the agency that runs Medicare and Medicaid, and this Director, with Obama’s approval, is planning on limiting the healthcare anyone can receive, making healthcare decisions previously made between the physician and patient, and withholding care when the government determines that the value of the individual to society is not worth the cost.

Public funds provided through Obamacare may be used to pay for abortions depending on the individual states. Also, most people will not be able to keep their same doctor or health insurance. During the Obamacare debate, a majority of the people recognized Obama’s dishonesty and fought passage of the bill. A smaller but not insignificant percentage of the people, took Obama at his word, and passively accepted passage of the bill, patiently awaiting Obama’s promises to be fulfilled. It is rapidly becoming apparent, even to this smaller, more passive group of Americans, that Obama was not being truthful and is not to be trusted.

President Obama and his Administration have been braying loud and proud about all of the good things Obama has done for the country, the economy, small business and the little people across the nation. However, this self-congratulatory trumpeting rings hollow on Main Street where the lack of any positive Obama accomplishment is glaringly apparent.

The Emperor’s procession moved slowly down the central road of town, lined with peasants cheering the Emperor. The Emperor’s advisors motioned for the peasants to come close to admire the Emperor’s new suit of clothes, handmade of the finest silk by the most skilled tailors in the land. “Only the most intelligent among us can truly appreciate the excellence of the Emperor’s new clothes”, they said, and the peasants clucked approvingly. As the procession neared the center of town, a small boy on the side of the road tugged at his father’s sleeve, “The Emperor has no clothes” he said. On hearing this, all the peasants looked again at the Emperor, and realized the boy was right, The Emperor Has No Clothes!