Tag Archives: Congress

Congress wants to turn the US Postal Service… into a bank

postalSimon Black – It’s news that seems ripped from the pages of The Onion. Or perhaps Atlas Shrugged.

But incredibly enough it’s actually true: earlier this week, Congress proposed a new law authorizing the US Postal Service to provide banking and financial services.

It’s called the “Providing Opportunities for Savings, Transactions, and Lending” Act, abbreviated as… wait for it… the POSTAL Act.

And it provides explicit authorization for them to provide banking services including checking and savings accounts, money transfers, and “other basic financial services as the Postal Service deems appropriate in the public interest.”

Bank of the Post Office. It’s incredible when you think about it.

The US Postal Service hasn’t turned a profit in a decade.

As a matter of fact, its total accumulated losses now exceed $51 billion, easily ranking it among the least successful companies in history.

And the only way USPS can continue to maintain its operations is with regular bailouts from the American taxpayer.

The statistics are just horrendous. Mail volume is down dramatically, which means that revenue continues to fall. Continue reading

Are You Aware of Big Pharma’s Toxic Records?

Catherine J. Frompovich – Everyone probably is familiar with the world population growth clock. Likewise, there’s the time-bomb-like clockwork for the United States national debt. But has anyone ever imagined what a clock would be like that ticks off Big Pharma’s impressive records?

Such a clock would not tick off Big Pharma’s earnings or profits, though. Much to everyone’s probable utter shock, a ‘clock’ has been developed and posted online titled “Pharma Death Clock”, which lists “Total deaths in the United States since January 1, 2000…Big Pharma’s chemical warfare on humanity dwarfs the number of victims killed by all world wars and acts of terrorism combined… While drug companies profit billions, people are dying by the millions.”

How much reality has to sink into human consciousness about the actuality of Big Pharma’s “medico-economics” harms—all done in the name of allopathic medicine championed by its super-duper trade unions like the American Medical Association? And, don’t forget their trade journals, too!

Consider just a few of the stunning (‘collateral damage?’) numbers—only from January 1, 2000, which obviously continue to accumulate on a daily basis:Big Pharma

However, what are not included are all the HRSA vaccine damage claims that have been paid by Vaccine Court Masters to vaccine-damaged vaccinees or their parents in the case of deaths. Let’s include that data set to see how that impacts Big Pharma’s ticking-time bomb, which the U.S. Congress and healthcare consumers ought to be waking up to very soon. How really sick do we have to be made by Big Pharma products? Continue reading

NSA Spying Rolls Up US Congress. Bombshell? Kidding?

Jon Rappoport – Breaking: While Obama was pursuing the Iran nuclear deal, he wanted to know what Israeli leaders were up to, so he accessed NSA reports. NSA was spying on Netanyahu and other Israeli officials. The thing was, the Israelis were talking on the phone to members of the US Congress. Oops. So it turned out NSA was spying on Congress, as well.

NSABut wait. This story, now being reported as a shocker, is…no surprise at all. It’s business as usual for the NSA. The shock and outrage is fake. Who’s kidding who?

The NSA is a Pentagon agency, and the Pentagon is part of the Executive Branch of government. Of course it’s been spying on the Legislative Branch. If it weren’t, it wouldn’t be doing its job.

Several years ago, Ed Snowden made the following statement (ABC News aired the video clip): “I, sitting at my [NSA] desk, certainly had the authority to wiretap anyone, from you or your accountant to a federal judge to even the president if I had a personal email.”

There was a brief “firestorm” in the press about it, and it went down the memory hole.

Then, a year ago, there was this—FOX News, 1/9/14, by Andrew Napolitano: “Last week, Sen. Bernie Sanders, (I-Vt.), wrote to Gen. Keith Alexander, director of the National Security Administration (NSA), and asked plainly whether the NSA has been or is now spying on members of Congress or other public officials…The NSA did reply to Sanders by stating — in an absurd oxymoron — that members of Congress receive the same constitutional protections as other Americans: that is to say, none from the NSA…The NSA’s refusal to answer Sanders’ question directly is a tacit admission, because we are all well aware that the NSA collects identifying data on and the content of virtually every email, text message and phone call sent or received in the U.S.” Continue reading

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