Posted on 27 March 2009. Tags: bank bailout, banking, banks, barack obama, business cycle, Capitalims, collectivism, communism, compensation, congress, Constitution. free society, control, democrats, depression, dollar, economic downturn, Economics, Edward Bernstein, Employment, executive bonuses, federal reserve, finance, financial industry, free enterprise, free trade, freedom liberty, Karl Marx, leftism, legislation, money, Mustasche Revolution, nationalization, not under my nose, Politics, President Obama, recession, revolution, Sam Rothrock, socialism, stock options, stress test, tax, taxation, temporary government ownership, United States of America, USD
The Mustache Revolution is brewing. It is not a fashion statement; it does not even involve hair. It is the revolution that is happening in America, Right Under Our Noses. It fits right in between Marxs model of government overthrow and Bernsteins democratic socialism. This is elected officials distracting the electorate that begs them to act unconstitutionally. Here is how it was done.
A Little History
Karl Marx advocated a violent revolution to nationalize industry, redistribute wealth, and create a proletarian dictatorship. This would be very difficult for the American left, since they are anti-gun, anti-violence, and tend to dislike noncompliance. Edward Bernstein came around after Marxs death and advocated democratic socialism. His goal was still to nationalize industry, but to accomplish it democratically. What is happening today is the Mustache Revolution; it meets the standards of both socialist ideologies. The US has elected our President and Congress democratically; most of the legislation has come about democratically; the problem is that the boundaries set by the constitution, make the process too slow. Therefore, in the name of Crises, Necessity, or Protection the limits on government are quickly removed.
Bailout Big Banks
Step one, use tax dollars to keep private businesses afloat. This gives government, not total control, but the ability to regulate finance in order to protect the interest of the people. Step two, make an enormous legislative blunder, and blame it on the banking industry. Let us not forget that the clause about the executive bonuses was removed, not forgotten, not left out, but removed. After there is a huge public outcry over executive bonuses, the next step is to levy a 90% tax. This tax of course is not limited to the bank that gave the bonuses, nor is it limited to the banking industry; the plan is to levy a tax on all executives who have a high salary and receive bonuses.
Stress Test
Of course, the wealth redistribution is not enough. The remaining step is to take major services, such as banking, health care, or auto manufacturers, and make them national industries. The first and most important of these is to take over the financial industry. The Financial industry is essential, because all businesses run off of the availability of credit (hence capitalism). Once all industries are getting their loans from the government, their nationalization will happen quickly and with little protest. So, after bailing out the banking industry, the next step is to create a stress test; this serves two purposes; 1) it asserts government power over the industry (no other industry needs to be deemed strong enough to survive in order to exist in the US economy), and 2) it makes people think that the government should step in when the test is not passed. Third, after the failure of the stress tests, the government will claim that the banks need to come under temporary government control. Since government has never improved a business after taking it over, temporary can be a very long time.
Not Under My Nose!
Things that stink are not meant to pass under your nose without notice! This revolution cannot continue to be ignored simply because we are in an economic downturn. Recession is not an excuse to jump from crises to crises without thinking out the political consequences of our actions. The hardest thing to regain, once it is lost, is freedom. And freedom is blindfolded on its knees in front of a gun named socialism.
Posted in Politics
Posted on 18 March 2009. Tags: AIG, American International Group, arms race, Baluchistan, barack obama, Barney Frank, Ben Bernanke, bonuses, Bush administration, CEO, Chairman, cocaine, Cold War, congress, consequences, Consumer Price Index, consumer prices, control, CPI, Czech Republic, deflationary spiral, democrat, drug cartels, drug prohibition, Economics, Edward Liddy, executive bonuses, expand war into Pakistan, Fed, federal government, federal reserve, financial inquisition, financial institutions, Gary Ackerman, government ownership, guerrillas, House of Representatives, inflation, inquisition, invading Pakistan, lawsuit to recover bonuses, legal obligation, MDA, Mexico, missile defense shield, missile treaties, money supply, nationalization, New York, Obama wants control, output, Pakistan, Peru, Politics, President Obama, rearming, rebellion, rebels, regulation, Rob Viglione, Russia, socialism, Taliban, The Shining Path, velocity of money, War on Drugs
Government says government owns AIG, U.S. weighs invasion of Pakistan to fight Taliban, cocaine trade funds Peruvian rebellion, consumer prices jump more than expected-what happened to deflation? Obama wants more control of financial institutions to ‘protect taxpayers,’ White House readying to join war against Mexican drug cartels, Czechs end U.S. missile treaties amidst ‘large-scale’ Russian rearming…just the latest in your Freedom Under Fire Report! Continue Reading
Posted in Featured, Freedom Under Fire
Posted on 17 March 2009. Tags: abuse, abuse of power, africa, aircraft manufacturer, Argentina, arms race, barack obama, Britain, budget director, censorship, Charles Grassley, China, Christina Kirchner, Cold War, colleges, communications, congress, control, costs, dictatorship, Dmitri Medvedev, down payment, Economics, European, F-22 fighter, factory, fair trade, federal stimulus, flow of information, France, fraud, free trade, global trade, globalization, government services, governor, growing bureaucracy, Health Care, health reform, insurance, Intel, Iowa, labor unions, large-scale rearming, Lockheed Martin, Mark Sanford, nationalize, NATO, nuclear forces, nuclear powers, omnibus spending bill, Overstock, pay off debt, Peter Orszag, Politics, president, President Obama, protectionism, public debt, public safety, public schools, reality check, reciprocal trade war, republican, Rob Viglione, Russia, sanctions, security council, Senator, signing statement, socialism, South Carolina, state debt, stimulus funds, tariffs, taxes on overseas income, trade war, union power, United Nations, united states, veto rights, waste, whistle-blowers, White House
Obama rejects Gov. Sanford’s plan to use stimulus money to pay down South Carolina debt, Russia planning ‘large-scale’ rearming, Obama’s health care plans will cost at least $1.5 trillion, companies fight back against Obama’s economic plans saying they are hurtful, Obama tries to overrule Congress and stifle whistle-blowing, Argentina moves to nationalize factory owned by Lockheed Martin, and big changes stirrup up at the U.N…just the latest in your Freedom Under Fire Report! Continue Reading
Posted in Featured, Freedom Under Fire