Thursday, June 19, 2008

Dangerous Americans

The British government is protecting itself and the British people from an exceedingly dangerous American.

The Brits have refused to allow Martha Stewart into Britain.

"The lifestyle guru, convicted four years ago in the US for obstructing justice, was planning to speak at the Royal Academy and to hold meetings with several figures in the fashion and leisure industry, including Jasper Conran, and was due to travel within the next few days."

Apparently though, the Brits are comfortable with allowing US President Bush into the country! A man guilty of great violations of law and human rights.

State of Okalahoma House Joint Resolution 1089

STATE OF OKLAHOMA
2nd Session of the 51st Legislature (2008)
HOUSE JOINT
RESOLUTION 1089 By: Key
AS INTRODUCED

A Joint Resolution claiming sovereignty under the Tenth Amendment to the Constitution of the United States over certain powers; serving notice to the federal government to cease and desist certain mandates; and directing distribution.

WHEREAS, the Tenth Amendment to the Constitution of the United States reads as follows: “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”; and

WHEREAS, the Tenth Amendment defines the total scope of federal power as being that specifically granted by the Constitution of the United States and no more; and

WHEREAS, the scope of power defined by the Tenth Amendment means that the federal government was created by the states specifically to be an agent of the states; and

WHEREAS, today, in 2008, the states are demonstrably treated as
agents of the federal government; and

WHEREAS, many federal mandates are directly in violation of the Tenth Amendment to the Constitution of the United States; and

WHEREAS, the United States Supreme Court has ruled in New York v. United States, 112 S. Ct. 2408 (1992), that Congress may not simply commandeer the legislative and regulatory processes of the states; and

WHEREAS, a number of proposals from previous administrations and some now pending from the present administration and from Congress may further violate the Constitution of the United States.

NOW, THEREFORE, BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES AND THE SENATE OF THE 2ND SESSION OF THE 51ST OKLAHOMA LEGISLATURE:

THAT the State of Oklahoma hereby claims sovereignty under the Tenth Amendment to the Constitution of the United States over all powers not otherwise enumerated and granted to the federal government by the Constitution of the United States. THAT this serve as Notice and Demand to the federal government, as our agent, to cease and desist, effective immediately, mandates that are beyond the scope of these constitutionally delegated powers.

THAT a copy of this resolution be distributed to the President of the United States, the President of the United States Senate, the Speaker of the United States House of Representatives, the Speaker of the House and the President of the Senate of each state’s legislature of the United States of America, and each member of the Oklahoma Congressional Delegation.

Tuesday, June 17, 2008

Right Issue, Wrong Commodity

High oil prices reflect a supply and demand problem in the market. The only problem is people pick on the wrong commodity. There don't seem to be shortages of oil.

The problem is that the dollar under the Bush Administration has fallen about 50 percent. There are an over supply of dollars in the market with no comparable demand for dollars.

To reduce the price of oil the dollar needs to be strengthened. That means Congress needs to stop deficit spending and the Federal Reserve needs to raise interest rates to at least 25%.

This would drive the economy into a deep recession and dry up easy credit as we know it. The only other plan of attack is to hyper-inflate the currency...which will drive prices to unbelievable levels. But this is the most likely exit that the Federal Reserve and Congress will take. "Inflate of Die!" is the unspoken motto of the Fed.

Remember the Fed has only two weapons in its arsenal: Inflation and Blarney. Every fiat currency system ends in hyper-inflation. The dollar won't be any different. What a joke our nation has become.

Saturday, June 07, 2008

The Federal Reserve's Two Weapons

According to Franklin Sanders, the Federal Reserve has only two weapons to manipulate the dollar: "Inflation and Blarney."

Monday, June 02, 2008

The Income Tax

There is no reason for an income tax. All Congress has to do is pass a budget and have the President sign the budget into law. The Treasury issues bonds and the Federal Reserve creates the currency for the Treasury.

The budget is monetized.

So if the government can create limitless amounts of currency anytime it wants and for any purpose, why enforce an income tax? After much thinking for the last year or so, I've realized that there are two reasons why the income tax is enforced.

First, the income tax is enforced to keep people in submission to the government. It is designed to make certain that we know who our masters are. It is enforced to create a system of slavery.

Second, the income tax is enforced to keep inflation under "control". Inflation is the increase in the money supply. Congress know this. As does the Federal Reserve and the Treasury. If the income tax were not enforced, inflation would quickly get out of control and the government would lose credibility pretty quickly. So the government siphons off significant amounts of currency through the income tax. We think were doing our patriotic duty by supporting the government. In reality were being snookered by one of the greatest frauds in history. Shame on us.