The Freedom Factory

For everyone that has a Facebook account, the status updates can be a powerful tool to get your opinions across to your friends-sometimes I just can’t believe what some people say! A closet socialist friend of mine posted a congratulatory post about Obama’s Nobel Peace Prize… Continue Reading

After extensive research we’ve concluded that these are the Top 10 Signs you just might be a Socialist:

1. You advocate for equality for all and yet you want to raise taxes on certain social classes.
2. You support the troops but do not support the war and you did not support the war in Iraq but now you support the war in Afghanistan. So… do you want war or not?
3. You believe in bigger Government and yet you advocate for the government not to run your life.
4. You think that we shouldn’t outsource labor and yet you complain about the rising cost of consumer goods.
5. You want the Government to take control and regulate all private businesses and yet you work for or own a privately owned business.
6. You want to get paid the same as everybody else, but the average income in the US is probably less than what you are making.
7. You think that the Government should spend more money to stimulate the economy when the Government has no money.
8. You think that the tax increase will not affect you.
9. You sit around and wait for the Government to “help” you.
10. You blame the economy for putting you in the situation that you are in even though you’ve been in the same situation for years.

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The Federal Reserve is creating tens of trillions of new dollars, debasing our currency, and silently taxing us all through inflation. With tens of trillions in federal budget deficits on the horizon there is nowhere for the US dollar to go, but down. Refuse to be a victim of this flawed financial system, buy gold and silver NOW!

4/9/2009 – AUSTIN – Gov. Rick Perry joined state Rep. Brandon Creighton and sponsors of House Concurrent Resolution (HCR) 50 in support of states rights under the 10th Amendment to the U.S. Constitution.

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Click here to petition your state to follow Texas’ lead!

Highlights from transcript:

I’m here today to offer my unwavering support to the millions of Texans that are tired of Washington D.C. trying to come down here and telling us how to run Texas.

The 10th Amendment was enacted by folks who remembered what it was like to have a very repressive government, to be under the thumb of tyrants and an all powerful government. Unfortunately, the protections it guarantees have melted away over the course of the years.

You’re prob familiar with that old adage of how to boil a frog: You just get him to sit there in that pot and you turn up the heat a little bit by a little bit, before you know it the frog doesn’t realize it, but he’s done.

And since the U.S. constitution has been ratified the federal government has been slowly turning up the heat, and they’ve eroded the notion of states rights.

Texans know best how to govern Texas. We’re proof that good things happen when government lowers taxes, and lowers regulations, it reduces spending and encourages private sector growth.

I happen to believe that the constitution does not empower the federal government to overrule state laws without restraint. I agree with Texas’s 7th governor, Sam Houston, who said “Texas has yet to learn submission to any oppression, come from what source it may.”

I believe the federal government has become oppressive. I believe it has become oppressive in its size, its intrusion in the lives of its citizens, and its interference with the affairs of our state.

There are two colossal events occurring in the world right now: Private credit and wealth is being destroyed, and in its place a good deal of money is being created. Much is taking place behind the scenes, driving this epic showdown between natural forces pushing for a return to sustainable equilibrium pitted against the full arsenal of man’s capability to resist.  Just as the fog of war can obscure a battlefield until the end, the outcome of this struggle is far from clear. Nonetheless, there are some telling events to note, signs for which to watch, and consequences to mull. Continue Reading

Has the federal government risen above its constitutional right to tax and spend billions of dollars on pork? What argument do we have which puts a seemingly all powerful federal government back in its constitutional place and restores the principle of federalism? Continue Reading

New Zealand Prime Minister John Key speaks a strange language. It’s English, all right, even with an accent, but he is one of the only world leaders who is speaking of relaxing regulations, cutting taxes, spending within budget, and focusing on making his country more productive.

Rather than jumping on the tax, borrow, spend, print, populist bandwagon with nearly every other world leader, John Key’s solution to the tough times is to “use this time to transform the economy to make us stronger so that when the world starts growing again we can be running faster than other countries we compete with.”

Key’s idea is to grow the country out of recession by improving productivity, not simply catering to populist calls for wealth redistribution, stifling regulation, and growth-inhibiting class warfare taxes. He calls attempts to use debt and money printing to “prop up growth” risky, saying that saddling future generations with debt could be counterproductive. He is one of the only politicians who states “There is actually a limit to what governments can do.”

At a time when governments are growing by leaps and bounds, and everyone seems convinced that Big Brother holds the keys to economic prosperity, it is refreshing to see a world leader (actually an ex-currency trader) embrace sound economic principals.

Key admits that New Zealand will not pull the world out of recession; it’s too bad other leaders lack such humility!

Here’s a link to the Wall Street Journal interview with Key.

—–SPECIAL OFFER—–

The Federal Reserve is creating tens of trillions of new dollars, debasing our currency, and silently taxing us all through inflation. With tens of trillions in federal budget deficits on the horizon there is nowhere for the US dollar to go, but down.

Refuse to be a victim of this flawed financial system, buy gold and silver NOW!

Congress wants to impose 90% tax on Wall St. bonus recipients, Fed will no longer raid legal marijuana dispensaries, auto parts suppliers to receive $5 billion in aid, Mexican drug cartels thriving in U.S., and the Federal Reserve creates $1.2 trillion in new money…just the latest in your Freedom Under Fire Report! Continue Reading

Obama considers taxing health benefits-could be “the largest middle-class tax increase in history”, A.I.G. finally releases names of beneficiaries of taxpayer money, and Hugo Chavez sends troops and warships to seize Venezuela’s transportation nodes…just the latest in your Freedom Under Fire Report! Continue Reading

In a coordinated nationwide demonstration against expansion of government, erosion of Constitutional freedoms, and higher taxes, thousands gathered in protest. The Freedom Factory team covered the Los Angeles demonstration, which occured at the Santa Monica Pier.

The event was a big success, pulled together in just four days by Top Conservatives On Twitter (TCOT) via grassroots social networking. Tools like Twitter and Facebook brought over an hundred people together on a Friday morning to support the broader national protest.

Rather than dumping tea into the Pacific ocean, these modern day patriots ceremonially threw bacon bits over the edge of the pier to signify disgust over pork spending.

A diverse array of people came together in protest:

Our correspondent, Natalie Porter, covered the event. We’re working on editing video content for interviews with the event’s coordinators, special guests, and attendees. Check back this evening for the uploaded video.

As the young patriots in the above picture wisely advise us: “No civilization ever taxed itself into prosperity.”

Today in the Wall Street Journal, Peter Wallison of the American Enterprise Institute proposes the Treasury purchase bank’s troubled assets at their net realizable values. Currently, these assets are priced at market value, which is below their net realizable value. (See diagram below.) Although there is a risk that the taxpayer might pay too much for these assets by buying them at net realizable value, the benefit is that these purchases would help to boost bank’s depleted capital. This in turn, should “eliminate doubts about banks’ solvency and free up their ability and willingness to lend again”. Continue Reading