Tag Archives: Congress

How To Beat the Debt Ceiling and Go Out a Hero

debtEllen Brown – On November 3rd, the US government will again run out of money due to a debt ceiling artificially imposed by Congress. This is the third time in four years that a radical faction has taken the country to the brink of default to extort concessions that are at best only marginally related to the budget.

The debt ceiling is an unconstitutional gimmick that violates the 14th amendment, which says the validity of the government’s debt shall not be questioned. The debt was incurred by Congress when it passed the budget, and the money has been borrowed and spent. Congress cannot now refuse to pay.

One good gimmick deserves another. The debt ceiling could be eliminated for good, by restoring to the government its constitutional authority to create money. Article 1, Section 8, provides: “The Congress shall have the power to coin money [and] regulate the value thereof . . . .” The president could pay the government’s bills by issuing some large denomination coins by executive order.

When the Constitution was ratified, coins were the only officially recognized legal tender. By 1850, coins made up only about half the currency. Today, they make up less than one-half of one percent of the money supply – about 50 billion out of a $12 trillion circulating money supply (M2). These coins, along with about $25 billion in US Notes or Greenbacks originally issued during the Civil War, are all that is left of the Treasury’s money-creating power.

As the Bank of England recently acknowledged, the vast majority of the money supply is now created privately by banks as deposits when they make loans. The power to issue the national money supply needs to be returned to the people from whom it has been deceptively usurped. As Thomas Edison observed in the 1920s:

It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People.

In Lincoln’s Footsteps

In the early days of his presidency, Barack Obama claimed Abraham Lincoln as his role model. One of Lincoln’s less well known achievements was to avoid a massive debt to private banks at usurious interest rates by restoring an earlier form of government-issued money, the paper scrip of the American colonists. In the 1860s, these US Notes or Greenbacks constituted 40% of the national currency. Today, 40% of the circulating money supply would be $5 trillion. Continue reading

It’s 460 AD in Rome: This Won’t Be Fixed

Paul Rosenberg – Another American election cycle is upon us, and large numbers of people are lining up to pour their time and money into the sewer of politics, to be lost forever.

This system will not be fixed. Period. This is Rome in 460 AD. The rulers, as in Rome, are liars, mad, or drunk (these days, drugged)… or all three.

The “fall of Rome,” of course, was far more complex than we learned in school, but through all the many years of its decline, Rome was full of well-meaning people trying to reform and save it. And by the way, among the people who tried the hardest to keep the Roman game going were the Goths. They tried hard to keep Rome operational… and they failed too.

Let me be clear on this: Once ruling hierarchies get beyond a certain point, they cannot be reformed. And I am sure that the modern West is beyond that point.

  • Do we really believe that central bankers will just lay down their monopolies?
  • Can we seriously expect a hundred trillion dollars of debt to be liquidated without any consequences?
  • Do we actually believe that politicians will walk away from their power and apologize for abusing us?
  • Do we really think that the corporations who own Congress will just give up the game that is enriching them?
  • Does anyone seriously believe that the NSA is going to say, “Gee, that Fourth Amendment really is kind of clear, and everything we do violates it… so, everyone here is fired and the last person out will please turn off the lights”?
  • And does anyone believe that the military-industrial complex will stop encouraging war, or that corporate media will stop worshiping the state, or that your local sheriff will apologize for training his cops to be viscous beasts?
  • Do we really believe that public school systems will ever stop lauding the state that pays all its bills?

Continue reading

This Study Proves Congress Literally Doesn’t Care What You Think

“When the preferences of economic elites and the stands of organized interest groups are controlled for, the preferences of the average American appear to have only a minuscule, near-zero, statistically non-significant impact upon public policy.”Gilens & Page (2014)

Study Truthstream Media – Remember the two guys that did the study which proved America is a oligarchy? (Not that those of us paying attention really needed a study to verify that.)

Vermont Senator Bernie Sanders later even asked Fed Head Janet Yellen during a hearing on Capitol Hill if she thought America was an oligarchy; even she couldn’t deny it.

Those two study authors, professors Martin Gilens of Princeton University and Benjamin I. Page of Northwestern University, have now analyzed more than two decades of data to try and answer a new question: Does the U.S. government actually represent the people?

Short answer? Hell no.

Via Represent.us:

Their study took data from nearly 2000 public opinion surveys and compared it to the policies that ended up becoming law. In other words, they compared what the public wanted to what the government actually did. What they found was extremely unsettling: The opinions of 90% of Americans have essentially no impact at all.

This video gives a quick rundown of their findings — it all boils down to one simple graph: Continue reading

The Latest Government Trust Fund To Go Bankrupt

highwaySimon Black – On June 6, 1932, President Herbert Hoover imposed the first ever national gasoline tax in the United States, initially set at 1 cent per gallon.

It was a major success for the federal government; the tax on gasoline alone was responsible for over 15% of their 1933 tax revenue.

What’s curious is that the Senate Finance Committee issued a report the following year stating that the federal gasoline tax should be repealed. But that never happened.

Instead it went up.

Under President Eisenhower, the tax increased to 3 cents per gallon. Under Reagan, 9 cents.

It’s risen steadily through the years to a level of 18.4 cents for every gallon of unleaded fuel, and 24.4 cents per gallon of diesel.

All of this tax revenue is –supposed– to go to the Federal Highway Trust Fund, something established back in the 1950s to finance the care and maintenance of the nation’s highways.

And now it, too, is insolvent.

Earlier this week I told you about Social Security’s Disability Insurance Trust Fund (DI), which will become insolvent in a matter of months.

Continue reading

Rule By The Corporations

corporationsPaul Craig Roberts – The Transatlantic and Transpacific Trade and Investment Partnerships have nothing to do with free trade. “Free trade” is used as a disguise to hide the power these agreements give to corporations to use law suits to overturn sovereign laws of nations that regulate pollution, food safety, GMOs, and minimum wages.

The first thing to understand is that these so-called “partnerships” are not laws written by Congress. The US Constitution gives Congress the authority to legislate, but these laws are being written without the participation of Congress. The laws are being written by corporations solely in the interest of their power and profit. The office of US Trade Representative was created in order to permit corporations to write law that serves only their interests. This fraud on the Constitution and the people is covered up by calling trade laws “treaties.”

Indeed, Congress is not even permitted to know what is in the laws and is limited to the ability to accept or refuse what is handed to Congress for a vote. Normally, Congress accepts, because “so much work has been done” and “free trade will benefit us all.”

The presstitutes have diverted attention from the content of the laws to “fast track.” When Congress votes “fast track,” it means Congress accepts that corporations can write the trade laws without the participation of Congress. Even criticisms of the “partnerships” are a smoke screen. Countries accused of slave labor could be excluded but won’t be. Super patriots complain that US sovereignty is violated by “foreign interests,” but US sovereignty is violated by US corporations. Others claim yet more US jobs will be offshored. In actual fact, the “partnerships” are unnecessary to advance the loss of American jobs as there is nothing that inhibits jobs offshoring now.

What the “partnerships” do is to make private corporations immune to the laws of sovereign countries on the grounds that laws of countries adversely impact corporate profits and constitute “restraint of trade.” Continue reading

The Vaccine Racket

Amazing infographic reveals financial connections behind criminally-run vaccine industry

infographicMike Adams – [May 27 2015] we are officially releasing our Vaccine Racket Infographic which details the financial connections behind the criminally-run vaccine industry. (Tweet #VaccineRacket)

Click here for a full-sized version of the infographic.

The infographic documents the nefarious players of the vaccine industry: the mainstream media, the CDC, deceitful vaccine propagandists like Paul Offit, the secretive vaccine court, the cover-up of vaccine-injured children, mainstream media propaganda that programs the public to worship vaccines, and much more.

I first sketched out this Vaccine Racket Infographic after observing the behavior of all the key players in the contrived Disneyland measles outbreak, which was used as a public panic springboard to launch a series of government-enforced vaccine mandate legislation efforts across the country. Every player in the vaccine racket played its role in that “medical theater” episode, displaying uncanny coordination and a well-funded ability to gin up the kind of fear mongering that’s only pursued when corporate profits are at stake.

Here’s a scaled-down edition of the infographic. Click it to view a larger image: Continue reading