capecoralblogger

Archive for the ‘personal and business’ Category

The Carpenter Comeith!!!Little by Little the “coffin” is being exposed……via e-mail to admin/capecoral

In Banking, Business, Business/Political Trends Worldwide, currency, Money and Finances, Offshore accounts, personal and business, Political parties, Taxes on July 22, 2011 at 4:56 pm
This is CRAP!!!! 
It is just like everything in this administration.
Too bad we didn’t kick out enough of Obama’s idiots from the Senate as well.Watch for this AFTER November elections; remember
this BEFORE you VOTE in case you think Obama’s
looking out for your best interest.1% tax on all bank transactions HR 4646This government just cannot think of enough ways
to hurt the American people!This Bill must die
FORWARD THIS TO EVERYONE YOU KNOW!

1% tax on all bank transactions
HR 4646 ANOTHER NEW OBAMA TAX SLIPPED IN WHILE WE WERE ASLEEP.
Checked this on snopes , it’s true! Check out HR 4646.  (see below copied from Snopes)

President Obama’s finance team is recommending a
one percent (1%) transaction fee (TAX). Obama’s
plan is to sneak it in after the November
elections to keep it under the radar.

This is a 1% tax on all transactions at any
financial institution – banks , credit unions ,
savings and loans , etc. Any deposit you make , or
even a transfer within your account , will have a
1% tax charged.

If your paycheck or your social security or
whatever is direct deposit , it will get a 1% tax
charged for the transaction.

If your paycheck is $1000 , then you will pay
Obama $10 just for the privilege of depositing
your paycheck in your bank. Even if you hand carry
your paycheck or any check into your bank for a
deposit , 1% tax will be charged.

You receive a $5 , 000 stock dividend from your
broker , Obama takes $50 just to allow you to
deposit that check in the bank..

If you take $1 , 000 cash to deposit at your bank ,
1% tax will be charged.

Mind you , this is from the man who promised that ,
if you make under $250 , 000 per year , you will not
see one penny of new tax. Keep your eyes and ears
open , you will be amazed at what you learn about
this guy’s under-the-table moves to increase the
number of ways you are taxed.

Oh , and by the way , you receive a refund from
the IRS next year and you have it direct
deposited or you walk in to deposit that check ,
you guessed it. You will pay a 1% charge of that
money just for putting it in your bank. Remember ,
any money , cash , check or whatever , no matter
where it came from , you will pay a 1% fee if you
put it in the bank.

Some will say , oh well , it’s just 1%. Are you
kidding me? It’s a 1% tax increase across the
board. Remember , once the tax is there , they can
also raise it at will.. And if anyone protests , they will just say ,
“oh , that’s not really a tax , it’s a user fee”! Think this is no
big deal? Go back and look at the transactions you
made from last year’s banking statements. Then add
the total of all those transactions and deduct 1%..
Still think it’s no big deal???     Vicki

In which square hole does your round Peg fit?????

1. snopes.com: Debt Free America Act ⤢⤢⤢
Is the U.S. government proposing a 1% tax on debit card
usage and/or
banking transactions?
…It is true. The bill is HR-4646 introduced by US Rep Peter
deFazio D-Oregon and US Senator Tom Harkin D-Iowa. Their plan is
to sneak it in after the…
…moved beyond proposing studies and submitted the Debt Free
America Act (H.R. 4646) , a bill calling for the implementation of
a scheme to pay down the…
…[2010] by Rep. Chaka Fattah (D-Pa.). His “Debt Free America
Act” (H.R. 4646) would impose a 1 percent “transaction tax” on
every financial transaction…
Tue , 12 Oct 2010 11:26:37 GMT
http://www.snopes.com/politics/taxes/debtfree.asp

Sovereign Man Notes from the Field Date: July 22, 2011 Reporting From: Split, Croatia

In Business/Political Trends Worldwide, currency, Expatriation, Government, History, personal and business, Sovereign Man, Taxes, Travel on July 22, 2011 at 3:36 pm

Sovereign Man

Notes from the Field

Date: July 22, 2011
Reporting From: Split, Croatia

Over the last few weeks I’ve gotten away from our usual tradition of having a weekly Q&A session, so I’m going to get right to it today.

First, Constanza asks, “Simon, you were writing recently about ‘international diversification.‘ Can you explain a bit more about this?”

Sure. It’s becoming obvious that there are massive problems in the developed world– ballooning debts, stagnating economies, soaring inflation, high unemployment, food and energy shortages, rising crime, increased regulation, diminished civil liberties, etc.

These problems aren’t going away just because some politicians pull an accounting stunt or deny that they exist.  These problems are real, and thinking individuals need to realize that the consequences of inaction are only going to get worse.

Most people will unfortunately do nothing and wait for a political solution. Their faith in their elected leaders will unfortunately be rewarded with a front-row seat to witness the final erosion of their country.

Others will take the approach of trying to change the system. Relying on the democratic process certainly seems like a noble cause, but remember that democracy is really just two wolves and a lamb deciding what to have for dinner.

International diversification is the cornerstone of my own ethos– it involves looking overseas to protect you interests and seek new opportunities. If your home, your work, your family’s safety, your savings, your healthcare, and your entire livelihood are tied to one crumbling country, you are exposed to substantial risk.

Diversifying internationally can drastically reduce this risk. It might mean finding more stable sources of income overseas, better stores of value for your savings, stronger markets to invest in, safer places for your family to live, more cost effective places to obtain healthcare, more secure places to store gold, etc.

I’m not suggesting that everyone should get on a plane tomorrow and leave home… though for some people who have reached their breaking points, this is the ultimate solution. What I am suggesting is that people stop limiting themselves to a single country that’s in decline, and begin to consider the wider world.

On that note, Alvinium asks, “Simon, you recently wrote that owning agricultural land is a great hedge against rising food prices. What about the FDA, USDA, and other agencies that are stepping up their efforts to make it a crime to grow one’s own organic food?”

Easy. I think people in the US should consider buying property overseas where there is no FDA or USDA to stop them from reducing their ‘agflation’ risk.

A few months ago in an issue of Sovereign Man: Confidential, I interviewed Joel Salatin of Polyface Farms; Joel was featured in the documentary Food, Inc., and he has decades of personal anecdotes in dealing with various agencies, many of which are chronicled in his book ‘Everything I Want to Do is Illegal.

He told me one recent story about a school in California that grows its own carrots. The children pick the carrots and wash them before eating, but the local Health Department came in and said that the children are not allowed to wash and eat those carrots without a Food Handlers’ license.

It sounds like a sick joke, but the system definitely favors the big ag companies at the expense of individuals. To me, you can try to fight the system, or simply go somewhere else where you are free to do what you want.

Chile is the place that I’ve chosen for our resilient community exactly for this reason. In the future, I don’t think there will be too many things more important than a steady, healthy, independent food supply… and I’m not willing to take the risk of having some government agency dictate what I can/can’t do.

Last, Elai asks, “Simon, a lot of people blast Ben Bernanke, but given the tools that he has at his disposal, what can he do to improve the economy?

Think about it like this– even in the most basic economics classes, students learn that price controls just don’t work. Electricity is a great example– many governments (Argentina for instance) fix retail electricity prices at artificially low levels. This creates excess demand, often causing major power shortages.

Suppose the government announced that iPads would now cost $1. Everyone would rush out immediately to buy one, and as there would no longer be a profit incentive for Apple to continue manufacturing them, an iPad shortage would quickly ensue.

Simply put, price fixing creates terrible distortions in the marketplace that lead to shortages or gross misallocations of resources.

Now, consider that interest rates are essentially the price of money– the price which a willing borrower agrees to pay a willing lender in exchange for a specified amount of capital.

If we can agree that price controls are a bad idea, why does it seem like a good idea to give one man nearly sole control to set the price of money? This is absolutely the one price that shouldn’t be controlled above all else!

The price of money affects everything in an economy— savings, spending, investment, foreign exchange rates… the price of money has the most far-reaching implications, and yet our financial system leaves setting this price to the serially erroneous prognostications of a single individual rather than the market.

Bernanke’s role is to control the price of money, and it’s a role that should not exist. The issue isn’t what he can do to improve the economy… but that he has any function in the economy whatsoever!

Until tomorrow,
Simon Black
Senior Editor, SovereignMan.com 


This article appears courtesy of SovereignMan.com: Notes From The
Field
, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit http://www.SovereignMan.com

Sovereign Man Notes from the Field -Date: July 18, 2011 Reporting From: Becici, Montenegro

In Business, Business/Political Trends Worldwide, currency, Government, History, Opportunity, Personal, personal and business, Sovereign Man, Taxes, Travel on July 18, 2011 at 6:49 pm

Sovereign Man

Notes from the Field

Date: July 18, 2011
Reporting From: Becici, Montenegro

In March 2010, President Obama signed into law one of the most arrogant, unfeasible bills ever to hit the books.

Known as FATCA [Foreign Account Tax Compliance Act], it was enacted as part of the inappropriately titled HIRE Act; the law requires that foreign banks must disclose personal account details for their US clients, essentially agreeing to get in bed with the US government.

If a foreign bank does not agree to disclose information on all of its US customers, then the law further requires that noncompliant banks withhold a 30% tax on all payments that may have originated from the United States.

The arrogance of this law is overwhelming. It would be as if the Saudi King issued a decree forbidding US grocery store chains to sell pork to Saudi citizens while on US soil. Crazy, right? Americans would be up in arms– who do those Saudi’s think they are, trying to control a US company on US soil?

But that’s exactly what FACTA does. Needless to say, the international banking scene has been up in arms since March 2010 when the law was passed. Those cries have largely fallen on deaf ears… until late last week when the US government granted a brief extension for the law to take effect.

This is important, and I’ll explain why.

We’re in the early stages of what I call the Age of Turmoil– a tumultuous time in which governments turn to increasingly desperate, authoritarian measures in order to maintain the status quo.

They drive their economies into the ground, generate painful inflation, and destroy the livelihoods of millions, even hundreds of millions… and when you don’t like it, they turn their police forces after you to ensure they still get to live a life of power and privilege on your dime.

We’ve already seen these people in action– they’ve seized pension accounts, turned the nation into a police state, ruined the economy with corrupt, reckless spending programs, inflated the currency to dangerous levels, and made it extremely difficult to do basic things like establish a business or even open a bank account.

There are a few things you can try to do about it. The default option for most people is to do nothing. They’ll stick their heads in the sand as things continue to get worse and their families’ livelihoods get eaten away by public policy.

Others think they can ‘vote the bums out,’ only later to realize that the brand new crop of politicians is just as bad as the old batch.

I’ve long been an advocate of the internationalization approach– diversifying your assets and interests overseas to reduce the control that one single government has over you.

If you live, work, bank, invest, own property, store gold, operate a business, etc. in the same country of your citizenship, you are truly putting all of your eggs in one basket.

Internationalization is an approach to take back your privacy, cut your ‘sovereign risk,’ and declare your economic independence, and it’s what I discuss every month in our premium service, Sovereign Man: Confidential. Think of it as your personal, offshore intelligence service.

To give you an idea, here’s what you missed in the July edition that just came out over the weekend:

– How to LEGALLY establish a private, numbered account in one of the world’s strongest banking jurisdictions… as well as how to remain compliant with the law. I tell you exactly who to contact to get started.

– How to establish residency in an extremely safe, modern, vibrant, cost effective, beautiful, and FREEDOM LOVING European location… it’s a fantastic choice for families, retirees, and even singles. Again, I tell you exactly who to contact.

– My boots on the ground recommendations for entrepreneurial business ideas in one of the world’s most opportunity-rich boom towns. Some require very little up-front capital, and you can make a fortune;

– New intelligence just revealed about relinquishing US citizenship;

– Portfolio strategies to protect against (and profit from) the coming economic slowdown that we see happening in China

– How to make the right kinds of internationalization decisions– walking through your own situation, and what to do about it.

This is the sort of actionable intelligence that can help you survive and thrive in the Age of Turmoil by reducing your exposure to any one single government. It will take time for you to implement these strategies… and given the FATCA extension I told you about earlier, the limited window of opportunity is now open.

I strongly encourage you to consider these strategies; no matter what happens, you will sleep better at night knowing that your family’s livelihood is much better protected.

The alternative– doing nothing– could be devastating.

Click here to read more about a risk-free trial to our premium intelligence service, Sovereign Man: Confidential.

Until tomorrow,

Simon Black
Senior Editor, SovereignMan.com
This article appears courtesy of SovereignMan.com: Notes From The
Field
, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit http://www.SovereignMan.com

CZARS……Some for you, Some for me….Maybe just one [1]……..Admin/Cape Coral

In Business, Business/Political Trends Worldwide, Constitution of The United States, Opportunity, Personal, personal and business, Political, Taxes on June 24, 2011 at 7:38 pm

??????????Did I hear correctly????????
A Possibility of DEFUNDING the CZARS……God, I hope so…

Recalling a statement by the esteemed Dr. Charles Krauthammer, “Maybe from now on, just one Czar per Administration”, How do you feel about this, did you even know that so many Czars existed in the White House and environs?
Talk about needless spending, WOW, don’t you wonder just how much of your money is being used to make laws that will take even more money away from you, us and the families over time.
This country of our is based on 2 congressional houses making the laws and keeping us on the straight and narrow. Inviting others in the back door to do bidding on subjects that we have no knowledge is in my view, unjust and nefarious.

The order of business is to stop the spending, not make the government larger thereby contributing to more tax and spend incentives. We must stop the movement in its tracks and reduce taxes so as to initialize the incentives needed to bring our money back home.

All of us need to contact our government reps and send this message. The teeter-tottering has begun, we have to teeter in the right direction otherwise our descendants will have nothing to totter against or with.

God Bless America

One Nation Under God,Indivisible, with Liberty and Justice for All….

Sovereign Man Notes from the Field Date: June 20, 2011 Reporting From: Oxford, England

In Business, Business/Political Trends Worldwide, Government, Opportunity, Personal, personal and business, Political, Taxes, Travel on June 20, 2011 at 7:30 pm

Sovereign Man

Notes from the Field

Date: June 20, 2011
Reporting From: Oxford, England

Late last week, Thomas James Ball reached his breaking point. Driven to desperation by a system that bankrupted him and destroyed his family, Ball walked up to the main door of the Keene County, New Hampshire courthouse, doused himself with gasoline, and lit himself ablaze.

Hardly anyone seems to have noticed.

Conversely, when a 26-year old Tunisian man lit himself on fire a few months ago after police confiscated the fruits and vegetables he had been selling without a proper permit, it launched a wave of revolution across the Middle East.

People were shocked into taking action… protests and riots swept the region and one regime after another crumbled.

Rather than sparking an “American spring” and shocking US citizens into taking their country back, though, Mr. Ball’s act of self-immolation seems to have been largely ignored. There has been scant coverage (and scant is being extremely generous) of Mr. Ball in the mainstream media, and
what little coverage there is generally discredits the man as a troublemaker.

This is how the system’s gatekeepers have been so adroit at maintaining the status quo– by suppressing dissent, marginalizing the detractors, and distracting the populace with meaningless, irrelevant drivel.

Mr. Ball left behind a lengthy missive prior to his suicide, which covers a range of topics from political corruption to why the family court system in America is utterly disgraceful. He was, to put it mildly, a staunch advocate of violent change, and it’s clear he hoped a great deal of others would follow in his footsteps to literally burn the system down.

(Ball even left instructions for how to make a proper Molotov cocktail along with specific vulnerabilities of police stations in his area…)

Perhaps the most interesting part of his final post, however, was the observation that the United States is no longer a nation of laws; Ball described what he calls the ‘second set of books,’ which is essentially the collection of policies, procedures, and protocols that courts and executive agencies rely upon.

This includes police departments and other ‘enforcers’ across the country that come up with standardized responses to take judgment out of the equation. TSA agents, for instance, are only following procedure when they fondle children at airport checkpoints. Even the guys who drove the trains to the concentration camps were just following procedures.

Ball argued that the nation is now ruled by such procedures, even in such institutions as family court where judges (by policy) pass the buck down the line to mental health case workers.

His anger and desperation for this system, which tore apart his family and bankrupted his finances, led Ball to light himself ablaze at the local courthouse in a state whose motto is “Live Free or Die.” Ball chose the latter.

The next day, life went on in America. There was no shocking front-page cover story or award-winning photograph to spark a national debate… let alone propel droves of fed-up citizens to flood the streets demanding change.

Rather, the New Hampshire courthouse cleaned up his charred remains and meticulously scrubbed the floors to eliminate all trace of the event. 24-hour news networks ran a quick blurb in their scrolling tickers amid more important coverage of the Miss USA beauty pageant and President Obama’s Father’s Day plans.

In other words, business as usual… suggesting that if there is, in fact, going to be a fight for the soul of the country, it’s a long way off, and many more degrees for the boiling frogs who are stuck in the pot.

My assessment of this situation, however controversial it may be, remains very clear: the great faceless enemy that opposes us, irrespective of our country of origin, is the institution of government.

Over time, this institution has inserted itself into nearly all aspects of life, such that a man cannot so much as enjoy a pint of beer, discipline his children, ride on the train, go to the doctor, open a bank account, apply for a job, go fishing, or watch a sporting event without the heavy hand of government being involved.

This is a beast that feeds on citizens; the more it feeds, the larger it becomes and the hungrier it gets. Of all the solutions out there, including armed conflict, civil disobedience, self-immolation, active democracy, etc., the only one that truly destroys the beast is starving it– take away the feast of productive citizens and accelerate its collapse.

Until tomorrow,

Simon Black
Senior Editor, SovereignMan.com

This article appears courtesy of SovereignMan.com: Notes From The
Field
, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit http://www.SovereignMan.com

Gov. Rick Scott——-Thanks for giving us another good law……..Admin, Cape Coral

In Government, History, Money and Finances, Opportunity, personal and business, Political, Taxes, Travel on June 16, 2011 at 9:38 pm

A short note…….Hooray, for Florida!!!!!!

Anybody who is on the states dole should be scrutinized for miss-use of monies received for their welfare.

Our state is not in the best of financial health and monies that can be saved and retained will go a long way in maintaining our states stature.

Keep Florida strong and inviting for business, residency, business residency and visitation. We have a gold mine here and really need to speak up to continue to have these kinds of vital statistics.

Hooray for Governor Rick Scott and his staff.

God Bless America and our state.

In Business, Business/Political Trends Worldwide, Government, Money and Finances, Opportunity, personal and business, Political, Taxes, Travel on June 15, 2011 at 4:34 pm

Sovereign Man

Notes from the Field

Date: June 15, 2011
Reporting From: New York City

Over the last days, I’ve endeavored to explain why the economic reversal of fortune in the west is unstoppable… and what the social implications of this decline will be.

Economic decay and social upheaval are inextricably linked. This is not some doom and gloom conjecture, but rather simple historical reality: when you take away people’s livelihoods and their abilities to put food on the table for their families, turmoil reigns.

Consider Argentina during its millennium economic crisis… Zimbabwe during its hyperinflationary period… Japan during its lost 2-decades… Germany in the interwar period… Rome during the reign of Tiberius… Russia after the fall of communism…

There is a common element in each of these examples– even just a few years before the economic turmoil began, nobody would have expected it.

If you had told an Argentine in the mid 1990s that he would be digging for food out of a trash dumpster in a few years, he would have been insulted. If you had told a Japanese businessman in 1984 that he would spend the next decades floundering in stagnation, he would have thought you were crazy.

What would you have said in 1995 if someone told you that government agents would fondle children at airports while stagflation takes over the economy and the government borrows money just to pay interest on the money it has already borrowed?

America’s balance sheet is deteriorating by the hour, and lenders will require a higher return to compensate them for this additional risk. Consequently, government borrowing costs will rise, making the situation even more precarious.

The increased interest expense will cause them to borrow even more money and go deeper into debt until one of two things happens: either the Federal Reserve debases the currency to its intrinsic value, or the US government defaults.

Either case is catastrophic. If the US defaults on its debt, it would set off a chain reaction of derivatives that would bankrupt the entire financial system. If the Fed debases the currency, Americans will be left holding worthless dollars that can’t even be used as toilet paper.

Meanwhile, you can expect the government to declare war on its citizens, raising taxes to feudal serf levels in order to pay for their largess, and imposing police state conditions to keep everyone in check.

So– what is one to do about this? There are a few options.

1) Do nothing. You can always stick your head in the sand and have faith that your ‘leaders’ are going to work out the problems, because, hey, collapse could never happen here… right? This option obviously worked out well for the Argentines, the Japanese, the Germans, the Romans, etc. who thought the same thing.

2) “Stay and fight”. This is a nonsense solution. There is no enemy to fight… these issues were not caused by a single person but by the very institution of government. People who talk about political solutions have no understanding of the problems– try getting 155 people to agree on specifics. Now try 155 million.

3) Have a plan, and take steps to prepare. As its fiscal desperation increases, your government is likely going to shake you down for everything you’re worth.

Here’s the bottom line: if you live, work, invest, bank, own property, structure your business, own gold, hold retirement funds, etc. in the same country of your citizenship, you literally have all of your eggs in one very frail basket.

Moreover, the basic systems that you depend on to support your family are going to come under intense pressure and will be prone to failure. Default and inflation are going to make it very difficult to truck food and fuel across the country to your local grocery store and gas station.

It’s imperative to reduce these system dependencies, as well as diversify your assets and livelihood across different geographies. I call this planting multiple flags, and ultimately, this is what our premium service Sovereign Man: Confidential is all about (the June edition comes out this evening).

It’s also why we held our first (and only) offshore workshop a few months ago in Panama. About 350 attendees joined me along with over 2 dozen of my best contacts– international bankers, immigration experts, asset protection attorneys, incorporation specialists, investment experts, startup business gurus, etc.

Unlike most conferences which leave you with more questions than answers, our workshop strived to provide the means to develop a clear action plan for reducing dependencies, building independent income, and safeguarding your livelihood… plus all the contacts, forms, and information necessary to take immediate action.

We filmed the entire event and put together a comprehensive “stay at home” package. It includes a 200-page workbook and over 21-hours of professional footage on 12 DVDs. We also produced a short trailer to explain more, you can view it here.

Honestly, most people that you and I know are going to go with option 1– they’ll place their faith in politicians and do absolutely nothing for themselves. Lambs to the slaughter.

My guess is that you’re reading this because you sense something very wrong with the world… and you have much more confidence in yourself than some politician. I hope I’m right.

Until tomorrow,

Simon Black
Senior Editor, SovereignMan.com

This article appears courtesy of SovereignMan.com: Notes From The
Field
, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit http://www.SovereignMan.com

WAKE UP IT”S TIME WE DO SOMETHING ABOUT IT!………..Via E-mail

In Government, Money and Finances, personal and business, Political, Taxes on June 14, 2011 at 10:36 am

What’s next before the Muslims take over?
H B 1388 PASSED
What is this, you ask? House Bill 1388

You just spent $20,000,000 to move members/supporters of Hamas, a terrorist organization, to the United States ; housing, food, transportation, the whole enchilada. HB 1388 PASSED

Whether you are an Obama fan, or not, EVERYONE IN THE U.S. Needs to know….

H.R. 1388 was passed, behind our backs. You may want to read about it…
It wasn’t mentioned on the news… Just went by on the ticker tape at the bottom of the CNN screen.

Obama funds $20M in tax payer dollars to immigrate Hamas Refugees to the USA . This is the news that did not, and will not, make the headlines.

By executive order, President Barack Obama has ordered the expenditure of $20.3 million in “migration assistance” to the Palestinian refugees and “conflict victims” in Gaza …

The “presidential determination” (ain’t that nice?) which allows hundreds of thousands of Palestinians with ties to Hamas to resettle in the United States , was signed and appears in the Federal Register. Tell me he’s not Muslin!

Few on Capitol Hill, or in the media, took note that the order provides a free ticket replete with housing, transportation and food allowances to individuals who have displayed their overwhelming support to the Islamic Resistance Movement (Hamas) in the parliamentary election of January 2006.

Now we learn that he is allowing thousands of Palestinian refuges to move to, and live in, the US at American taxpayer expense. Americans are having touble living and providing for their families here without having to keep these worthless leeches.

These important, and insightful, issues are being “lost” in the blinding bail-outs and “stimulation” packages.

Doubtful? To verify this for yourself:
http://www.thefederalregister.com/d.p/2009-02-04-E9-2488

YOU MUST PASS THIS ON… AMERICA NEEDS TO KNOW…

Friends, WE are losing this country at a rapid pace.
WAKE UP IT”S TIME WE DO SOMTHING ABOUT IT!

Re-election Campaign Monies – Disgusting…….by admin

In Business/Political Trends Worldwide, Government, History, Money and Finances, Opportunity, personal and business, Political, Taxes, Travel on June 13, 2011 at 7:12 pm

Before some of you explode read the whole thing and then explode. This guy is just telling it like it is.

EXCELLENT

Does this guy nail obama, or what?

Posted: April 19, 2011
by Mychal Massie

At a time when many Americans can barely afford Burger King and a movie, Obama boasts of spending a billion dollars on his re-election campaign. Questioned at a recent appearance about the spiraling fuel costs, Obama said, “Get used to it” – and with an insouciant grin and chortle, he told another person at the event, who complained about the effect high fuel prices were having on his family, to “get a more fuel-efficient car.”

The Obama’s behave as if they were sharecroppers living in a trailer and hit the Powerball, but instead of getting new tires for their trailer and a new pickup truck, they moved to Washington . And instead of making possum pie, with goats and chickens in the front yard, they’re spending and living large at taxpayer expense – opulent vacations, gala balls, resplendent dinners and exclusive command performances at the White House, grand date nights, golf, basketball, more golf, exclusive resorts and still more golf.

Expensive, ill-fitting and ill-chosen wigs and fashions hardly befit the first lady of the United States . The Obama’s have behaved in every way but presidential – which is why it’s so offensive when we hear Obama say, in order “to restore fiscal responsibility, we all need to share in the sacrifice – but we don’t have to sacrifice the America we believe in.”

The American people have been sacrificing; it is he and his family who are behaving as if they’ve never had two nickels to rub together – and now, having hit the mother lode, they’re going to spend away their feelings of inadequacy at the taxpayers’ expense.

Obama continues to exhibit behavior that, at best, can be described as mobocratic and, at worst, reveals a deeply damaged individual. In a February 2010 column, I asked, “Is Obama unraveling?” I wrote that it was beginning to appear the growing mistrust of him and contempt for his policies was beginning to have a destabilizing effect on him.

At that time, I wrote that not having things go one’s way can be a bitter pill, but reasonable people don’t behave as he was behaving. He had insulted Republicans at their luncheon, where he had been an invited guest. I had speculated that was, in part, what had led him to falsely accuse Supreme Court justices before Congress, the nation and the world, during the 2010 State of the Union address.

It appeared, at that time, as if he were “fraying around the emotional edges.” That behavior has not abated – it has become more pronounced. While addressing the nation, after being forced to explain the validity of his unilateral aggression with Libya , America witnessed a petulant individual scowling and scolding the public for daring to insist he explain his actions.

But during an afternoon speech to address the budget/debt, he took his scornful, unstable despotic behavior to depths that should give the nation cause for concern. Displaying a dark psychopathy more representative of an episode of “The Tudors” television series, he invited Rep. Paul Ryan, R-Wis., to sit in the front row during his speech and then proceeded to berate both Ryan and Ryan’s budget-cutting plan. Even liberal Democrats were put off by the act. MSNBC’s Joe Scarborough questioned the sanity of Obama’s actions.

Today, criticism is coming from all sides. A senior Democrat lawmaker said, “I have been very disappointed in [Obama], to the point where I’m embarrassed that I endorsed him. It’s so bad that some of us are thinking, is there some way we can replace him? How do you get rid of this guy?” (“Democrats’ Disgust with Obama,” The Daily Beast, April 15, 2011)

Steve McCann wrote: Obama’s speech “was chock full of lies, deceit and crass fear-mongering. It must be said that [he] is the most dishonest, deceitful and mendacious person in a position of power I have ever witnessed” (“The Mendacity of Barack Obama,” AmericanThinker.com, April 15, 2011).

McCann continued: “[His] performance was the culmination of four years of outright lies and narcissism that have been largely ignored by the media, including some in the conservative press and political class who are loath to call [him] what he is in the bluntest of terms: a liar and a fraud. That he relies on his skin color to intimidate, either outright or by insinuation [against] those who oppose his radical agenda only add to his audacity. It is apparent that he has gotten away with his character flaws his entire life, aided and abetted by sycophants around him. …”

With these being among the kinder rebukes being directed at Obama, and with people becoming less intimidated by his willingness to use race as a bludgeon, with falling poll numbers in every meaningful category and an increasingly aggressive tea-party opposition – how much longer before he cracks completely?

The coming months of political life are not going to be pleasant for Obama. Possessed by a self-perceived palatine mindset, that in his mind places him above criticism, how long before he cracks in public? Can America risk a man with a documented track record of lying and misrepresenting truth as a basic way of life, who is becoming increasingly more contumelious?

Mychal Massie is chairman of the National Leadership Network of Black Conservatives-Project 21 – a conservative black think tank located in Washington, D.C. He was recognized as the 2008 Conservative Man of the Year by the Conservative Party of Suffolk County , N.Y. He is a nationally recognized political activist, pundit and columnist. He has appeared on Fox News Channel, CNN, MSNBC, C-SPAN, NBC, Comcast Cable and talk radio programming nationwide. A former self-employed business owner of more than 30 years, Massie can be followed at mychal-massie.com.

Congress, wake up, stop trying to satisfy lobbyist, and start making decisions for its citizens and economy, Our Kids and Grandchildren NOW. If we can find and kill the worlds most wanted, why can’t we sucure our borders to Mexico ?

Sovereign Man Notes from the Field Date: June 13, 2011 Reporting From: New York City

In Business, Business/Political Trends Worldwide, Government, History, Money and Finances, Opportunity, personal and business, Political, Taxes, Travel on June 13, 2011 at 6:46 pm

Sovereign Man
Notes from the Field

Date: June 13, 2011
Reporting From: New York City

In the 15th century, the highest standard of living in the world belonged to China. Places like Nanjing had reached the pinnacle of civilization with incredibly modern infrastructure, robust economies, substantial international trade, great healthcare, and a rising middle class.

Across the globe, Europeans were living out short, mud-filled, brutish lives in squalid poverty, dying off by the thousands from the bubonic plague. They were practically Neanderthals compared to the Chinese, and explorers like Marco Polo wrote fanciful tales of wealth and opulence in the east.

If you had told a Chinese merchant at the time that, over the course of the next several hundred years, global primacy would shift to Europe (and a relatively unknown American continent), you would have been laughed at. It was simply unthinkable given how advanced China was over the west.

And yet, it happened. History shows us that the great things about western civilization (Industrial Revolution, technological achievement) and the not-so-great things about western civilization (imperialism, slavery, genocide) caused the tables to turn and primacy to shift from east to west.

Ironically, the tables are turning yet again, and its driven by a number of factors.

At the tail end of World War II, a new global financial system was concocted that was heavily biased to disproportionately benefit the United States. Over the subsequent decades, foreign countries would obligingly mop up US government largess and finance out of control retail consumption.

It got to the point where people felt it was a natural right of Americans to have huge homes, cheap gas, and oodles of junk, as well as a government that could buy anything it wanted without giving a second thought to fiscal discipline. All of this was made possible at the expense of peasant workers overseas.

For years, they imported US inflation and suffered a tremendous disparity in standard of living, all because of how the global financial system was set up. This system, based on the United States as the center of the economic universe, is now completely fractured, and it’s the biggest game changer in centuries.

Is it possible that such a force can be stopped or reversed? Highly unlikely.

These huge sea changes in the global order happen slowly, like titanic ships changing course in a tight canal. The initial seeds of change were planted decades ago when the US began running consistent budget deficits in the early 1960s, and even before that when the Federal Reserve Act was passed in 1913 (which forever corrupted the nation’s money supply).

The negative momentum has been building for an exceptionally long time. Today’s debt, inflation, and unemployment crises are merely the latest symptoms of a cancer that has been growing for decades.

In total objectivity, the patient is beyond cure at this point… and the math is quite simple.

The US debt situation is already very precarious, and even the government’s own budget shows continued deficits for years and years to come. Undoubtedly, this represents some level of risk for the nation’s creditors, and market participants will require a greater return on investment in order to justify the risk of loaning money to the US government.

Even assuming that all existing debt is rolled into new bonds, higher borrowing costs will absolutely cripple the Treasury. The more money they borrow, the higher their borrowing costs will become; yet, the higher their borrowing costs become, the more money they’ll have to borrow to make interest payments.

Nations typically enter this vicious cycle once they start having to borrow money just to pay interest on what they already owe. The US is already way past this point.

If you study US financial conditions, you’ll see that mandatory entitlement programs like Social Security and Medicare soak up over 75% of all federal tax revenue collected. That’s before paying a penny in interest on the debt. The rest of the budget constitutes several trillion dollars in other expenses like genital-groping TSA agents.

As such, given the current budget just for the sacrosanct areas like defense and senior benefits, tax revenue falls over $400 billion short. America has to borrow to pay its interest expense.

Is it possible for a white knight to come riding in and slash spending by the necessary (and brutal) 50%++ just to break even? Possible, but extremely unlikely without granting him/her dictatorial powers. Getting a majority of 435 members of Congress to sign up for such painful political consequences is dubious at best.

Even still, such cuts would just be enough to break even. In order to actually make progress on paying down the debt, one would have to make even steeper cuts… and that’s just at today’s levels. The debt grows worse by the day, as do useless ‘economic recovery’ spending measures.

As such, borrowing costs are set to rise, causing the budget deficit to spiral out of control towards an eventual default.

Since so much of the global financial system is based on the US treasury market, this will set off a chain reaction of bank defaults and commercial bankruptcies, not to mention trigger a wave of credit default swap and other derivative obligations to the tune of several trillion dollars.

The other (more likely) possibility is that the Federal Reserve will continue to finance the deficit by conjuring additional money supply out of thin air, eventually leading to a loss of confidence in the dollar as a reasonable store of value.

The only reason this hasn’t happened already is because there is no viable alternative yet, however there are clear signs that investors and foreign governments are scrambling for a quick solution. Smaller alternatives like the Swiss franc, Singapore dollar, and gold are all at record highs.

Barring a benevolent dictator or some kind of miracle, this situation is unstoppable and irreversible until the next cycle of the global pecking order turns the tables once again.

Tomorrow I’m going to discuss the social implications… but first, I’d like to hear from you about this— do you think the problems in the existing system are fixable without a complete reset in the way the world works?

Until tomorrow,

Simon Black
Senior Editor, SovereignMan.com

This article appears courtesy of SovereignMan.com: Notes From The
Field
, a free newsletter dedicated to individual freedom,
internationalization, asset protection and global finance. For a
complimentary subscription, visit http://www.SovereignMan.com

%d bloggers like this: