Time is Running Out

Wednesday, September 24, 2008

Dear Friends,

Whenever a Great Bipartisan Consensus is announced, and a compliant media assures everyone that the wondrous actions of our wise leaders are being taken for our own good, you can know with absolute certainty that disaster is about to strike.

The events of the past week are no exception.

The bailout package that is about to be rammed down Congress' throat is not just economically foolish. It is downright sinister. It makes a mockery of our Constitution, which our leaders should never again bother pretending is still in effect. It promises the American people a never-ending nightmare of ever-greater debt liabilities they will have to shoulder. Two weeks ago, financial analyst Jim Rogers said the bailout of Fannie Mae and Freddie Mac made America more communist than China! "This is welfare for the rich," he said. "This is socialism for the rich. It's bailing out the financiers, the banks, the Wall Streeters."

That describes the current bailout package to a T. And we're being told it's unavoidable.

The claim that the market caused all this is so staggeringly foolish that only politicians and the media could pretend to believe it. But that has become the conventional wisdom, with the desired result that those responsible for the credit bubble and its predictable consequences - predictable, that is, to those who understand sound, Austrian economics - are being let off the hook. The Federal Reserve System is actually positioning itself as the savior, rather than the culprit, in this mess!

• The Treasury Secretary is authorized to purchase up to $700 billion in mortgage-related assets at any one time. That means $700 billion is only the very beginning of what will hit us.

• Financial institutions are "designated as financial agents of the Government." This is the New Deal to end all New Deals.

• Then there's this: "Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency." Translation: the Secretary can buy up whatever junk debt he wants to, burden the American people with it, and be subject to no one in the process.

There goes your country.

Even some so-called free-market economists are calling all this "sadly necessary." Sad, yes. Necessary? Don't make me laugh.

Our one-party system is complicit in yet another crime against the American people. The two major party candidates for president themselves initially indicated their strong support for bailouts of this kind - another example of the big choice we're supposedly presented with this November: yes or yes. Now, with a backlash brewing, they're not quite sure what their views are. A sad display, really.

Although the present bailout package is almost certainly not the end of the political atrocities we'll witness in connection with the crisis, time is short. Congress may vote as soon as tomorrow. With a Rasmussen poll finding support for the bailout at an anemic seven percent, some members of Congress are afraid to vote for it. Call them! Let them hear from you! Tell them you will never vote for anyone who supports this atrocity.

The issue boils down to this: do we care about freedom? Do we care about responsibility and accountability? Do we care that our government and media have been bought and paid for? Do we care that average Americans are about to be looted in order to subsidize the fattest of cats on Wall Street and in government? Do we care?

When the chips are down, will we stand up and fight, even if it means standing up against every stripe of fashionable opinion in politics and the media?

Times like these have a way of telling us what kind of a people we are, and what kind of country we shall be.

In liberty,

Ron Paul

The Lesser of Two Evils

Once again we conservatives and Christians are being asked to vote for the lesser of two evils. The problem with this argument is that we keep getting more and more evil. The federal government grows larger and more powerful. Our liberties become fewer and fewer.

There is not a shred of difference between John McCain and the two Democrats fighting it out in the primaries. John McCain is a lap-dog of the Democratic Party. He loves being loved by the press and the approving words that dribble out of the mouths of liberals like Ted Kennedy.

The Republicans are good at scaring Christians and conservatives every election cycle. And they keep falling for it. This time around the scare tactics will be judicial appointments, the war in the Middle East, taxes, and whatever else windbags such as Rush Limbaugh, Sean Hannity, and others can create.

Well I have personal experience with some of the Republican judicial appointments. And Republican judicial appointments are just as intellectually lazy, fraudulent, ignorant, ruthless, and tyrannical as the Democratic appointees. "Conservative" judges often want to use their power to remake society in their own image. They have exactly the same proclivities towards judicial activism and lawlessness as liberal judges.

Republicans have no problem taking YOUR money through taxation. They have done nothing during their stint in power to reduce the size of the federal government or spending. They talk a good talk but never deliver.

It's time to call the Republican's bluff. They have no intention of reducing government and restoring and protecting the liberties of the American people. They have no intention of restoring the Republic.

It is time to leave the Republican party in the ash bin of history.

April Fools Day is Really April 17th

According to one reader, "Monday is 'April Fool's Day.' Here's a question you'd better not ask, or your masters will become red in the face and take a dislike to you: 'What statute makes anyone other than a foreign withholding agent liable for the income tax?' Be prepared for the silence. The income tax is the greatest hoax in history, and yet the yankee government continues to
enforce it.

Folks, these are not serious people. People who build their lives and their governments around lies, and then try to kill the people who expose their lies, are not serious people. They're pathetic, but not serious. Thanks be to God Almighty who delivered my brothers and sisters and my children and my wife and me from their hands."

The Shearing is Nearing

Dr. Edwin Vieira, Ph.D.,JD:

The Shearing is Nearing - One reason why patriotic Americans are accomplishing precious little in reasserting control over their country, while the Establishment steadily advances its agenda on almost all fronts, is that patriots are not taking advantage of their overwhelming numerical superiority in the places where they can best bring it to bear. Instead of joining together for effective ­indeed, potentially unstoppable -political, and particularly legislative, action in favorable venues at the State and Local levels, all too many of them are sitting out the contest as mere spectators.

On Liberty

Americans for the most part LOVE the current system. So long as they have access to easy credit, keep the credit card payments up to date, abort their children, keep the bribes (taxes) to the US Treasury paid up, keep fuel in their fancy cars, and stay off the radar screen of the US Attorney's Office, absolutely NOTHING is going to change.

And why should there be any change? Our social engineering program "works" because it is tied to the free market and gives the illusion of prosperity.

Change won't happen until the whole house of cards comes crashing down. So I say let it come crashing down.

I don't want to save or reform the current system. It needs to be trashed thoroughly.

The final nail in the coffin of the US Constitution was hammered in with the defeat of the South in 1865. I don't think that the American people could live under such a system of freedom as the US Constitution affords them. It requires too much responsibility and character to maintain those freedoms.

A Bit of History

In Maurice Ashley's fine biography, The Greatness of Oliver Cromwell, Ashley writes that in July 1635 King Charles I demanded a levy of money to pay for an Anglo-Spanish alliance against the Dutch. The King asked the judges to confirm that the levy was legal, and they did so.

One of the justices explained, "There was a rule of law and a rule of government, and that many things which might not be done be the rule of law might be done by the rule of government."