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Mark Steyn : Discredited. The Fedís policy is accelerating American collapse
National Review ^ | 04/30/2011 | Mark Steyn

Posted on 05/01/2011 6:15:41 AM PDT by SeekAndFind

Edited on 05/01/2011 7:25:08 AM PDT by Admin Moderator. [history]

The other day Paul OíNeill said that . . .

Oh, wait. I suppose I ought to explain who Paul OíNeill is. A decade ago, he was President Bushís first Treasury secretary. I have no very clear memory of him except that he toured Africa with Bono and they were photographed in matching tribal dress looking like Colonel Qaddafiís Mini-Me twins at a Tripoli sleepover. Other than the dress-up fun, Iíve no idea why they were in Africa, but you paid for it, so Iím sure there was a good reason.


(Excerpt) Read more at nationalreview.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: devaluation; fed; federalreserve; monetarypolicy
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1 posted on 05/01/2011 6:15:47 AM PDT by SeekAndFind
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To: SeekAndFind
They’re quantitatively accelerating American collapse.

By design.

2 posted on 05/01/2011 6:21:50 AM PDT by Thermalseeker (The theft being perpetrated by Congress and the Fed makes Bernie Maddoff look like a pickpocket.)
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To: SeekAndFind

“Michael Kinsley took it to the next stage: “If the national debt doesn’t matter, why have taxes at all?””

Exactly - if the money isn’t tied to anything, why not just print whatever we need and be done with it? (Don’t think about that one too hard or it will make you head spin with all sorts of negative implications.) And, if you have a marxist outlook on life and little or no understanding of how the real world works, this just might appeal to you. As it apparently does our Treasury Secretary.


3 posted on 05/01/2011 6:30:38 AM PDT by SuzyQue (Remember to think.)
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To: Thermalseeker

Yeah, what they are doing makes so little sense that you really have to assume that they are trying to make it collapse. We are clearly on an unsustainable path, and these guys are stomping on the accelerator.


4 posted on 05/01/2011 6:31:29 AM PDT by ClearCase_guy
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To: SeekAndFind
Mark Steyn writes great, witty stuff. Very entertaining the way he ridicules the hypocrites in government and society. And a great Rush Limbaugh substitute host too.
5 posted on 05/01/2011 6:37:01 AM PDT by Upstate NY Guy
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To: Thermalseeker

I hope you have enough change.


6 posted on 05/01/2011 6:37:50 AM PDT by CanaGuy (Go Harper! We still love you!)
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To: SeekAndFind
“The people who are threatening not to pass the debt ceiling,” he said, “are our version of al-Qaeda terrorists. Really.”

Wait. We can say "terrorists" again?

Wait, wait. To be clear, he means a bad version of al-Qaeda, right?

7 posted on 05/01/2011 6:43:09 AM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Upstate NY Guy
Mark Steyn writes great, witty stuff. Very entertaining the way he ridicules the hypocrites in government and society. And a great Rush Limbaugh substitute host too.

I totally agree and prefer Steyn to Limbaugh. Since Rush lost his hearing he has developed a "whiny" nature to his speaking voice...it doesn't project the image that I prefer. Steyn, on the other hand, delivers his satirical jabs at both the media and the progressives in a manner that helps listeners remain upbeat and cheery.

8 posted on 05/01/2011 6:43:34 AM PDT by NRG1973
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To: SeekAndFind; blam; dennisw; TigerLikesRooster; CodeToad; FreedomPoster; AndyJackson
Anybody who doesn't by now realize we're speeding across the North Atlantic on the Titanic straight into iceberg waters is a fool.

Anybody with a three digit IQ better be looking around for lifejackets and improvised liferafts, because the ones on the ship are too few in number and too likely to capsize from overloading.

9 posted on 05/01/2011 6:48:37 AM PDT by Travis McGee ("Castigo Cay" will be out in a few weeks.)
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To: SuzyQue
Exactly - if the money isn’t tied to anything, why not just print whatever we need and be done with it?

You could do that, and it would effectively be a way of taxing currency, the tax being paid through the devaluation of the currency everyone holds. Unfortunately the repercussions would be severe. No one would ever know how much the currency was actually worth, and it would take extreme discipline on the part of the issuing authorities not to exceed the limits of what your society could actually produce in terms of goods and services.

10 posted on 05/01/2011 6:51:13 AM PDT by Mr Ramsbotham (Laws against sodomy are honored in the breech.)
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To: SeekAndFind

They’re quantitatively accelerating American collapse.

What comes after the collapse?


11 posted on 05/01/2011 6:56:09 AM PDT by ConservativeDude
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To: JLS

Ping....


12 posted on 05/01/2011 7:07:16 AM PDT by knews_hound (Credo Quia Absurdium--take nothing seriously unless it is absurd. E. Clampus Vitus)
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To: ConservativeDude
What comes after the collapse?

"apres moi le deluge"??

13 posted on 05/01/2011 7:09:46 AM PDT by P.O.E. (Pray for America)
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To: ConservativeDude
"What comes after the collapse?"

The United Nations will begin rebuilding the failed state.

14 posted on 05/01/2011 7:11:37 AM PDT by blam
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To: SuzyQue
“Michael Kinsley took it to the next stage: “If the national debt doesn’t matter, why have taxes at all?””

He's the first to say that -- I heard it from some government worker union officers back in 2001.

15 posted on 05/01/2011 7:11:58 AM PDT by bvw
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To: SuzyQue

typo fix: “He’s NOT the first to say that...”


16 posted on 05/01/2011 7:13:08 AM PDT by bvw
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To: SeekAndFind
Americans Are Preparing At Unprecedented Levels
17 posted on 05/01/2011 7:15:27 AM PDT by blam
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To: SuzyQue
if you have a marxist outlook on life and little or no understanding of how the real world works, this just might appeal to you

Marxist? The strange thing is that this most impacts, steals the most, from the little people who own very little, and whose savings are in cash or bonds.

The rich with land, property, assets, and stocks all benefit directly, as their assets go up in value and their buying power -- the ability to buy labor cheaply -- goes way up.

These policies of printing money from nothing serve more than any other policy to CONCENTRATE WEALTH AND POWER in the elite and capitalists.

18 posted on 05/01/2011 7:18:02 AM PDT by bvw
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To: Travis McGee
"Anybody with a three digit IQ better be looking around for lifejackets and improvised liferafts, because the ones on the ship are too few in number and too likely to capsize from overloading."

In a couple of months?

The Next Two Months: Best Case, Medium Case, Worst Case

19 posted on 05/01/2011 7:21:31 AM PDT by blam
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To: blam

Some event could trigger it at anytime. The middle east going rocket happy, for example, beginning with missile launches into Israel. Or it could drag out for a few more years. In either case, folks better be thinking LIFEBOAT now.


20 posted on 05/01/2011 7:23:24 AM PDT by Travis McGee ("Castigo Cay" will be out in a few weeks.)
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To: bvw
Marxist? The strange thing is that this most impacts, steals the most, from the little people who own very little, and whose savings are in cash or bonds.

One of the fundamental problems with marxism is that it simply doesn't work as advertised. It does exactly what you describe in your post. The modern marxists know this - the hypocritical liars - and simply try to impose marxism as a way to power over the majority with a concentrated minority of rich people Just Like Them.

It is Pure Evil.

21 posted on 05/01/2011 7:24:01 AM PDT by paulycy (Islamo-Marxism is Evil.)
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To: SeekAndFind
Imagine your left hand issues an IOU to your right hand in return for an e-mail with a large number on it . . . oh, never mind, it’ll only make your head hurt.

And that is the entire absurdity of the whole thing in a nutshell, except that you can then loan some of the large number in to the credit markets and make a few percent on it, and the whole operation is sound so long as the taxpayers pay interst on the bonds the Federal Reserve owns, the whole Madoff Bernanke scam seems to run at a profit.

22 posted on 05/01/2011 7:24:35 AM PDT by AndyJackson
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To: CanaGuy

Yeah, I’ve had enough “change” to last a lifetime.....


23 posted on 05/01/2011 7:27:57 AM PDT by Thermalseeker (The theft being perpetrated by Congress and the Fed makes Bernie Maddoff look like a pickpocket.)
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To: ClearCase_guy
Yeah, what they are doing makes so little sense that you really have to assume that they are trying to make it collapse. We are clearly on an unsustainable path, and these guys are stomping on the accelerator.

I think many of us have reached the same conclusion. The only other conceivable interpretation is that the neo-Keynesians who now manage the Treasury and control the Fed have convinced themselves that monetary value is a meaningless abstraction, a wholly subjective thing in an interdependent world economy.

At least publicly, many of these economic intellectuals do appear to believe that our debt is nothing to worry about, and that a small cadre of central planners can effectively manage the levers of interest rates, money supply, revenue and trade policy, and do so far better than the free market, which they view as inefficient, unequal, and fatally flawed.

24 posted on 05/01/2011 7:33:06 AM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: SeekAndFind

“Onward and upward!”

Excelsior!

Defund ALL collectivist’s collectives.

The U.S.A. becomes financially solvent and we become very low-taxed prosperous/productive citizens in a country which acts as a beacon for individual liberty.

From Ayn Rand...

But when a society establishes criminals-by-right and looters-by-law – men who use force to seize the wealth of disarmed victims – then money becomes its creators’ avenger. Such looters believe it safe to rob defenseless men, once they’ve passed a law to disarm them. But their loot becomes the magnet for other looters, who get it from them as they got it. Then the race goes, not to the ablest at production, but to those most ruthless at brutality. When force is the standard, the murderer wins over the pickpocket. And then that society vanishes, in a spread of ruins and slaughter.

“Do you wish to know whether that day is coming? Watch money. Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion – when you see that in order to produce, you need to obtain permission from men who produce nothing – when you see that money is flowing to those who deal, not in goods, but in favors – when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you – when you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed.

From Frederic Bastiat...

Men naturally rebel against the injustice of which they are victims. Thus, when plunder is organized by law for the profit of those who make the law, all the plundered classes try somehow to enter — by peaceful or revolutionary means — into the making of laws. According to their degree of enlightenment, these plundered classes may propose one of two entirely different purposes when they attempt to attain political power: Either they may wish to stop lawful plunder, or they may wish to share in it.

Woe to the nation when this latter purpose prevails among the mass victims of lawful plunder when they, in turn, seize the power to make laws! Until that happens, the few practice lawful plunder upon the many, a common practice where the right to participate in the making of law is limited to a few persons. But then, participation in the making of law becomes universal. And then, men seek to balance their conflicting interests by universal plunder. Instead of rooting out the injustices found in society, they make these injustices general. As soon as the plundered classes gain political power, they establish a system of reprisals against other classes. They do not abolish legal plunder. (This objective would demand more enlightenment than they possess.) Instead, they emulate their evil predecessors by participating in this legal plunder, even though it is against their own interests.

It is as if it were necessary, before a reign of justice appears, for everyone to suffer a cruel retribution — some for their evilness, and some for their lack of understanding.

It is impossible to introduce into society a greater change and a greater evil than this: the conversion of the law into an instrument of plunder.


25 posted on 05/01/2011 7:34:05 AM PDT by PGalt
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To: Travis McGee
Unfortunately, many (most?) Americans don't have a clue or don't care.

They are either “Obama-money” stupid or believe that they are immune. Maybe because the numbers are too big for them to comprehend and they are “not good at math.”

Just keep those “free” entitlements coming and don't worry me with out they get paid for.

But just wait when the proverbial chickens come home to roost and the government starts reneging on all of those promises.... starting with Social Security.

Then it will get nasty. Very nasty, indeed.

26 posted on 05/01/2011 7:34:42 AM PDT by dhs12345
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To: Upstate NY Guy
And a great Rush Limbaugh substitute host too.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

I enjoy Mark Steyn very much, but in the 3rd hour on Friday he really went off on the birthers.

Obama posts a blatant forgery of a so-called birth certificate and Steyn sees this as a rinky dink technicality.

27 posted on 05/01/2011 7:36:19 AM PDT by wintertime
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To: dhs12345

The moochers are going to go insane when the govt welfare cards don’t bring in the free food. The cities are going to implode.


28 posted on 05/01/2011 7:48:36 AM PDT by Travis McGee ("Castigo Cay" will be out in a few weeks.)
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To: Thermalseeker
Yeah, I’ve had enough “change” to last a lifetime.....

A guest on the Laura Ingraham Show last week, the head of the black chamber of commerce (can't recall his name off hand), had a great throwaway line:

"Hope ain't hiring."


29 posted on 05/01/2011 7:50:42 AM PDT by Travis McGee ("Castigo Cay" will be out in a few weeks.)
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To: SeekAndFind

“This would be the 75th increase in the debt ceiling in the last half-century.... as my colleague Jonah Goldberg put it, why have a debt limit at all?”

One set of rules for them and one for us (only it’s OUR money). We actively work to keep our crediting rating good why should we not expect our leaders to do the same when they represent US before congress?


30 posted on 05/01/2011 7:51:11 AM PDT by RockyMtnMan
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To: wintertime

///Obama posts a blatant forgery of a so-called birth certificate and Steyn sees this as a rinky dink technicality///

As usual, Mark is correct.

America. Doesn’t. Care. About. The. Birth. Certificate.

In the absence of hard evidence to the contrary, Obama has enough plausible deniability that the vast majority of Americans will accept him as Constitutionally legitimate to hold office. Get some real proof to the contrary, or get over it.

The man is dismantling our country by the numbers. That is critical and urgent. Allegations about his past, in light of what he is doing to our present and future, are in fact completely rinky dink.


31 posted on 05/01/2011 7:53:12 AM PDT by Steel Wolf ("There are moderate Muslims, but Islam itself is not moderate." - Ibn Warraq)
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To: ConservativeDude

“What comes after the collapse?”

That’s What comes after the collapse Comrade if you please.


32 posted on 05/01/2011 7:56:31 AM PDT by IMR 4350
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To: Travis McGee

Don’t worry. We will have no police, no fire, no libraries, etc. Before they cut off the moochers. They will be last in the progressives lines for cuts.


33 posted on 05/01/2011 7:59:10 AM PDT by sheana
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To: Steel Wolf
In the absence of hard evidence to the contrary, Obama has enough plausible deniability that the vast majority of Americans will accept him as Constitutionally legitimate to hold office. Get some real proof to the contrary, or get over it.

Actually, I think most of America is ignorant of the Natural Born Citizen argument and figure that if he was born here then he is OK for President. This is, IMO, what zer0 is betting on by releasing this forgery.

But if those who are continuing to push this issue can bring the facts to the table then they may not get an impeachment out of it - in fact I very much doubt it - but his proven lying can damage him enough to lose the election to just about anyone else.

Given the stakes of the game I applaud those who are seeking to enforce the Natural Born Citizen aspect of the Constitution of the United States, even to the point of getting it in front of the Supreme Court where it belongs.

34 posted on 05/01/2011 8:01:34 AM PDT by paulycy (Islamo-Marxism is Evil.)
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To: ConservativeDude

“They’re quantitatively accelerating American collapse.
What comes after the collapse?”

That’s the BEST question I’ve seen yet.
NOBODY has asked this.

I’m just a blue-collar working guy without a highfalutin’ education or much sophistication, but it’s obvious to me that the debt collapse is now unstoppable. Even if the United States government were to stop borrowing TODAY and go absolutely cold turkey, it already owes more than can be repaid. Like a freight train with weak brakes screaming down the mountain, one can see what is inevitable.

So the issue is no longer “how do we prevent the crash?”, but rather “how do we [or at least some of us] rebuild afterwards?”

I suggest that — after the collapse — that perhaps it might not be the best thing to try to “rebuild” the _entire_ country as a whole.

To look around at the red states vs. the blue states, at the demographics of who resides in those states, it may be concluded that there are certain areas of the country that will never again become “productive”, in the sense that they will produce more than they consume (in government revenue and services).

Perhaps it’s time once again in our history for “a separation”. And once again, the issue is one of “slavery” — that is to say, economic freedom vs. economic “slavery”.

Just sayin’....


35 posted on 05/01/2011 8:04:18 AM PDT by Grumplestiltskin (I may look new, but it's only deja vu!)
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To: Travis McGee
Yup. And the rhetoric will get really nasty, too. Racism, Class-ism, starving children, we must increase taxes, .....

The Dems will be in full panic mode. They (and many Republicans) made the promises.

That is why they will continue to band-aid this mess and kick the can down the road.

Wait until the mother of all boondoggles --ObamaCare-- kicks in.

36 posted on 05/01/2011 8:09:02 AM PDT by dhs12345
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To: Steel Wolf
As usual, Mark is correct. America. Doesn’t. Care. About. The. Birth. Certificate.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

I listened to the third hour of Mark Steyn on Friday, and I absolutely share his concern and urgency. However, conservatives are capable of walk and chew gum at the same time. Because we share his deep worriment about the 53% of people who voted for Obama does not mean that we should ignore the Constitution. Mr. Steyn shouldn't either.

What was baffling about Mr. Steyn’s rant was that minutes later he was talking about equality before the law. I am amazed that Mr. Steyn does not see the contradictions in his positions. The Constitution is fundamental to the rule of law. If we define certain clauses of the Constitution to be inconvenient “rinky dink” “technicallities”, equality before the law will evaporate like dew on grass on a hot summer day.

Up until Wednesday morning polls showed the Americans **did** care about Obama’s birth certificate. As the news gets out about the blatant forgery posted on Wednesday, we may see this poll numbers rise again.

37 posted on 05/01/2011 8:15:31 AM PDT by wintertime
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To: paulycy

Americans on the whole don’t care if Obama is a liar, so long as he can deliver the bacon. If he has to lie to the enemies of free bacon delivery in order to keep it coming, so be it.

The Natural Born Citizen angle is vague and murky. The courts and congress won’t touch it. Not with a ten foot pole. Not now, not later. You realize that, right?

Obama was born in America to an American. File it under “good enough for government work”. Shake a defiant fist to the sky, but that’s sufficient for more than enough Americans to reelect Obama.


38 posted on 05/01/2011 8:17:08 AM PDT by Steel Wolf ("There are moderate Muslims, but Islam itself is not moderate." - Ibn Warraq)
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To: SeekAndFind
But hey, let’s just jack the roof up a little higher one more time. What could go wrong?

We are being duped and run by either complete fools or malicious thieves.

As Steyn says, "What could go wrong?"

39 posted on 05/01/2011 8:18:32 AM PDT by Gritty (These days,nothing does more damage to our 'full faith and credit' than business as usual-Mark Steyn)
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To: AndyJackson
And that is the entire absurdity of the whole thing in a nutshell, except that you can then loan some of the large number in to the credit markets and make a few percent on it, and the whole operation is sound so long as the taxpayers pay interst on the bonds the Federal Reserve owns, the whole Madoff Bernanke scam seems to run at a profit.

Here's something to chew on.
The Federal Reserve is a private bank that operates in its own interests
It is sopping up, buying US Treasuries because the Chinese are boycotting buying any additional ones
At a certain point the Fed will own a few trillion in USG debt and might start being nasty and dictatorial towards a President they don't like...lets say a Republican president. It might start dictating terms that the American people will consider traitorous

 

 

Ponzi Scheme: The Federal Reserve Bought Approximately 80 Percent Of U.S. Treasury Securities Issued In 2009

LINK
No, the headline is not a misprint.  According to CNBC, the Federal Reserve bought approximately 80 percent of the U.S. Treasury securities issued in 2009.  In other words, the Federal Reserve has been gobbling up the massive tsunami of U.S. government debt that has been created over the past year.  This is absolutely unprecedented, and it is yet another clear indication that the U.S. financial system is on the verge of a major economic collapse.

You see, the Federal Reserve is not part of the federal government.  In fact, the Federal Reserve is about as "federal" as Federal Express is.

The Federal Reserve is a private bank owned and operated for profit by a very powerful group of elite international bankers.

It is this private central bank that controls the money supply and the issuance of currency in the United States.

When the U.S. government needs to borrow more money (which happens a lot) they go over to the Federal Reserve and they ask them for some more green pieces of paper called Federal Reserve Notes.   

The Federal Reserve swaps these green pieces of paper for pink pieces of paper called U.S. Treasury bonds.

Now normally the Federal Reserve takes these U.S. Treasury bonds and they sell them all to other buyers.

But in 2009 there were not nearly enough buyers.

So in 2009 the Federal Reserve sold itself about 80 percent of this debt.

This is even being admitted on CNBC.  The video below is from January 8th, and at the 1:45 mark CNBC anchor Erin Burnett drops this bombshell along with a comment about how it is a Ponzi scheme.... 

 


40 posted on 05/01/2011 8:22:30 AM PDT by dennisw (NZT - "works better if you're already smart")
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To: wintertime

///Up until Wednesday morning polls showed the Americans **did** care about Obama’s birth certificate. As the news gets out about the blatant forgery posted on Wednesday, we may see this poll numbers rise again. ///

Obama is the President of the United States. He has resources beyond measure, and years to prepare. NSA wouldnt be able to sniff the forgery he could have made.

So, if he put out a document that pajama clad bloggers immediately start barking at, while the rest of the world loses interest, on a topic that Obama very much wants to keep around forever, the fish headed admiral in your head should be screaming three words at you.

ITS A TRAP!


41 posted on 05/01/2011 8:27:43 AM PDT by Steel Wolf ("There are moderate Muslims, but Islam itself is not moderate." - Ibn Warraq)
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To: Steel Wolf
The Natural Born Citizen angle is vague and murky. The courts and congress won’t touch it. Not with a ten foot pole. Not now, not later. You realize that, right?

As long as there is a Constitution I am going to fight for it. That is what makes me a Constitutional Conservative. Being a Constitutional Conservative is what the Free Republic site is all about. Cynicism is of course allowed, as are most non-lib viewpoints, but I am not so cynical as you are at this point, FRiend.

You may call it "realistic" but in my book that is exactly the same as being a RINO. There is no distinction in "Constitution Lite" and "Socialist Lite."

As a matter of fact, it is entirely possible to be both pragmatic AND constitutional, and that is what the Tea Party represents. You don't see the Tea Party types backing away from too many Constitutional fights. They may phrase it differently, focusing on different things or taking different angles on the fight, but the Constitutional angle remains at the center of it.

Barack 0bama can go to hell. We need to establish how and when a potential POTUS needs to prove citizenship. Better now than later. There is no reason WHATSOEVER to delay this argument. Let's get it in front of the Supreme Court ASAP. If it takes down BO then so much the better. If not, a bigger purpose is still served.

42 posted on 05/01/2011 8:28:53 AM PDT by paulycy (Islamo-Marxism is Evil.)
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43 posted on 05/01/2011 8:34:18 AM PDT by TheOldLady
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To: wintertime
I enjoy Mark Steyn very much, but in the 3rd hour on Friday he really went off on the birthers. Obama posts a blatant forgery of a so-called birth certificate and Steyn sees this as a rinky dink technicality.

That was the best part of the show...because Steyn was totally correct. The birthers are a very, very small segment of the voting population and most voters (including many Republicans) think they are crazy. Someday the birthers may be proven right but at this point in time they are irrelevant. There simply aren't enough Americans that care about the issue because it doesn't affect their wallets. Most voters will go to the polls on election day 2012 and vote for/against 0bama on economic issues. If 0bama is able to turn the economy around and lower gas prices then it won't matter if he was born on Mars...the folks will vote for him. If the economy is in the dumper and gas prices are still high most voters will vote him out of office.

In reality, the birther issue is just a replay of the Clinton/Lewinsky situation with most folks happy about the economy and claiming that its OK to lie in a deposition as long "as someone is lying about sex". If the economy were doing poorly at the time Americans might have felt differently.

The birthers have to realize that no one else really cares about their silly pet issue. Don't give me that" its the Constition" crap...congress and the president went extra-Constitutional when they passed the TARP bailout, but that never stopped them.

44 posted on 05/01/2011 8:42:41 AM PDT by NRG1973
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To: bvw

But that’s what marxism really is, the concentration of wealth in a ruling elite.


45 posted on 05/01/2011 8:48:02 AM PDT by kabumpo (Kabumpo)
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To: paulycy

Agree with you.


46 posted on 05/01/2011 8:57:42 AM PDT by kabumpo (Kabumpo)
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To: Thermalseeker

What we will see is an emphasis on reduced military spending, in order to maintain domestic spending.

This is the real end game of America’s internal and external enemies.

The steps are:

1.) Wreck the U.S. economy with irresponsible spending and tax hikes.

2.) Create public pressure for defense cuts.

3.) Destroy America’s ability to defend her allies and her national integrity.

4.) End U.S. sovereignty through a combination of military and political pressures.

5.) Establish a world socialist governing authority, with what’s left of America as an economic milking cow.

Obama’s change is well under way.


47 posted on 05/01/2011 9:06:24 AM PDT by ThE_RiPpEr.
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To: P.O.E.

RE: “after me, the deluge”?

For the folks in Rio Linda ( as Rush would say ) :

“after me, the deluge”?


48 posted on 05/01/2011 9:12:46 AM PDT by SeekAndFind (u)
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To: P.O.E.

RE: “apres moi le deluge”??


For the folks in Rio Linda ( as Rush would say ) :

“after me, the deluge”?


49 posted on 05/01/2011 9:13:26 AM PDT by SeekAndFind (u)
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To: SeekAndFind
Paul O'neill: “The people who are threatening not to pass the debt ceiling are our version of al-Qaeda terrorists. Really.”

All I have to say is - "Alluh Akbar," baby.

50 posted on 05/01/2011 9:42:12 AM PDT by PGR88 (I'm so open-minded my brains fell out)
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