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Showing posts with label Media. Show all posts
Showing posts with label Media. Show all posts

Tuesday, May 21, 2013

Is the US Crying out for help?

I suggest ALL Americans read this by Judi McLeod of the Canada Free Press:

America’s cry for help lost in the White Noise


Back in the salad days of President Barack Obama in the Oval Office, the first sign of the coming soft tyranny against We the People should have been the roughly 2000 car dealerships forced out of business by the anti-free enterprise cabal squatting on the White House.
It was Obama’s auto task force that pressed General Motors and Chrysler to close scores of dealerships without adequately considering the jobs that would be lost or having a firm idea of the cost savings that would be achieved, an audit of the process has concluded.” (The New York Times, July 18, 2010).
This was the first visible social engineering adventure of the Obama regime and tens of thousands of jobs were lost as a result.
Back then today’s low information voters were identified as ‘The Gullible’ or ‘The Naive’, who believed that TARP (Troubled Asset Relief Program) of the Treasury Department was all about an idiotic concept known as “too big to fail”.
During the days of the TARP goose-step march through car dealerships,  a complacent G.M. informed more than 2,000 dealers that some or all of their franchise agreements would not be renewed in October 2010.  Chrysler eliminated 789 dealers, or about a quarter of its network, with less than one month’s notice.
“Out of work!” was about to become America’s main mantra, a mantra that continues to the present day.
According to the Times, the Treasury Department—which started the raid on car dealerships—failed to monitor the wrecking ball process.
There were cries of outrage from all sides in a rushing white noise, some more sincere than others.
Representative Darrell Isaa, outspoken Republican of California, rallied: “This sobering report should serve as a wake-up call as to the implications of politically orchestrated bailouts and how putting decisions about private enterprise in the hands of political appointees and bureaucrats can lead to costly and unintended consequences”.
Problem is that the sobering report did not serve as a wake-up call.
It’s four years later and now it is known that the IRS, has been using its power to put people out of business, purportedly unknown to the president until he “read it in the newspapers”.
Republicans Mike Kelly (PA-03) and Jim Renacci (OH-16) are circulating a letter requesting Treasury Secretary Jack Lew to release documents detailing the process and methodology the Automotive Task Force used to shut down General Motors dealerships in 2009 during the automotive industry crisis.
They’re more than four years too late.
Massive government intrusion into an already recession-bound private sector will never be resolved by letters to other politicians sent out by politicians.  It won’t be stopped by pleading letters from constituents to impervious congressmen who just want to go along to get along.  It won’t even be stopped as a result of bold, well-meaning statements by Darrell Issa.
If there is one thing all should have learned since 2009 it is that nothing is changing to relieve America from the clear and present danger that is Barack Hussein Obama.
No matter the talking heads, no matter the media, no matter the wailing politicians making pretty speeches, the Obama regime forges ahead, killing off all individual rights and freedoms in its obsession for the Fundamental Transformation of America.
Every new outrage from the regime falls into the same pattern.  Panel debates by televised talking heads, politicians of all political stripes registering their outrage, sound bites of Obama’s droning voice played over and over again, ad nauseum.
No matter what Obama and the collectivists do, it seems there are no new member’s bills, no discernible line of action other than white noise, and talk, talk, talk.
Tyranny, the same kind that kept the people of the former Soviet Union and environs in the stranglehold of communism for 70 years, is making its way—unhampered—through the USA.
The Obama administration started off by identifying Tea Partiers, returning war vets and Christians as terrorists—and got away with it.
Now news reporters like James Rosen, a Fox News correspondent has been openly branded a “possible criminal co-conspirator” for his alleged role in publishing sensitive security information.
The only difference between soft tyranny and hard tyrannies is that in the latter, those deemed enemies of the state are jailed and killed.  But a cursory read through history teaches that hard tyrannies usually got their start as soft ones.
Intensifying the clear and present danger in the current prolific White House scandals is the propaganda surrounding them.
For instance,  White House spokesman Jay Carney claims that no one is more outraged at the IRS scandal than President Obama.
The only outrage seen from Obama these past four and a half years is the one he fosters for America.
And now anger has its own color according to a study due to be released in July which contends that White Americans are more likely to see Obama as angry than non-white Americans.(USNews.com May 20, 2013)
Meanwhile, America is crying out for rescue and it’s time to replace the white noise dominated by grandstanding politicians with the legal means to halt the Fundamental Transformation of America before there is nothing American left to save.

Thursday, March 7, 2013

A horrendous switch

This is what has happened all over Europe and Canada and it is coming to the USA faster than you can imagine!


The following is a copy of an article written by Spanish writer Sebastian Vilar Rodrigez and published in a Spanish newspaper on Jan. 15. 2011. It doesn't take much imagination to extrapolate the message to the rest of Europe - and to the rest of the world.
THIS WAS IN A SPANISH NEWSPAPER:
"EUROPEAN LIFE DIED IN AUSCHWITZ "
By Sebastian Vilar Rodrigez
"I walked down the street in Barcelona and suddenly discovered a terrible truth - Europe died in Auschwitz ...We killed six million Jews and replaced them with 20 million Muslims. In Auschwitz we burned a culture, thought, creativity, and talent. We destroyed the chosen people, truly chosen, because they produced great and wonderful people who changed the world.
The contribution of this people is felt in all areas of life: science, art, international trade, and above all, as the conscience of the world.
These are the people we burned.
And under the pretence of tolerance, and because we wanted to prove to ourselves that we were cured of the disease of racism, we opened our gates to 20 million Muslims, who brought us stupidity and ignorance, religious extremism and lack of tolerance, crime and poverty, due to an unwillingness to work and support their families with pride.
They have blown up our trains and turned our beautiful Spanish cities into the third world, drowning in filth and crime. Shut up in the apartments they receive free from the government, they plan the murder and destruction of their naive hosts.
And thus, in our misery, we have exchanged culture for fanatical hatred, creative skill for destructive skill, intelligence for backwardness and superstition. We have exchanged the pursuit of peace of the Jews of Europe and their talent for a better future for their children, their determined clinging to life because life is holy, for those who pursue death, for people consumed by the desire for death for themselves and others, for our children and theirs.
What a terrible mistake was made by miserable Europe.. A lot of Americans have become so insulated from reality that they imagine America can suffer defeat without any inconvenience to themselves. Recently, the UK debated whether to remove The Holocaust from its school curriculum because it 'offends' the Muslim population which claims it never occurred. It is not removed as yet. However, this is a frightening portent of the fear that is gripping the world and how easily each country is giving in to it.
It is now more than sixty years after the Second World War in Europe ended. This e-mail is being sent as a memorial chain, in memory of the six million Jews, twenty million Russians, ten million Christians, and nineteen-hundred Catholic priests who were 'murdered, raped, burned, starved, and beaten, experimented on and humiliated.' Now, more than ever, with Iran, among others, claiming the Holocaust to be 'a myth,' it is imperative to make sure the world never forgets.

Friday, July 20, 2012

Texas-The newest Country

The Country of Texas ~ being that Texas is the only state with a legal right to secede from the Union . (Reference the Texas-American Annexation Treaty of 1848.)

We Texans love y'all, but we'll probably have to take action if Barack Obama wins the election. We'll miss you too.

Here is what can happen:

1: Barack Hussein Obama is President of the United States, and Texas secedes from the Union in summer of 2013.

2: George W. Bush will become the President of the Republic of Texas . You might not think that he talks too pretty, but we hadn't had another terrorist attack, and the economy was fine until the effects of the Democrats lowering the qualifications for home loans came to roost.

So what does Texas have to do to survive as a Republic?

1. NASA is just south of Houston , Texas . We will control the space industry.

2. We refine over 85% of the gasoline in the United States .

3. Defense Industry--we have over 65% of it. The term "Don't mess with Texas," will take on a whole new meaning.

4. Oil - we can supply all the oil that the Republic of Texas will need for the next 300 years. What will the other states do? Gee, we don't know. Why not ask Obama?

5. Natural Gas - again we have all we need, and it's too bad about those Northern States. John Kerry and Al Gore will have to figure out a way to keep them warm....

6. Computer Industry - we lead the nation in producing computer chips and communications equipment -small companies like Texas Instruments, Dell Computer, EDS, Raytheon, National Semiconductor,Motorola, Intel, AMD, Atmel, Applied Materials, Ball Microconductor, Dallas Semiconductor, Nortel, Alcatel, etc, etc. The list goes on and on.

7. Medical Care - We have the research centers for cancer research, the best burn centers and the top trauma units in the world, as well as other large health centers. The Houston Medical Center alone employees over 65,000 people.

8. We have enough colleges to keep us getting smarter: University of
Texas , Texas A&M, Texas Tech, Texas Christian, Rice, SMU, University
of Dallas , University of Houston , Baylor, UNT ( University of North
Texas ), Texas Women's University, etc. Ivy grows better in the South anyway. 

9. We have an intelligent and energetic work force, and it isn't restricted by a bunch of unions. Here in Texas , it's a Right toWork State and, therefore, it's every man and women for themselves. We just go out and get the job done. And if we don't like the way one company operates, we get a job somewhere else.

10. We have essential control of the paper, plastics, and insurance industries, etc.

11. In case of a foreign invasion, we have the Texas National Guard, the Texas Air National Guard, and several military bases. We don't have an Army, but since everybody down here has at least six rifles and a pile of ammo, we can raise an Army in 24 hours if we need one. If the situation really gets bad, we can always call the Department of Public Safety and ask them to send over the Texas Rangers. 

12. We are totally self-sufficient in beef, poultry, hogs, and several types of grain, fruit and vegetables, and let's not forget seafood from the Gulf. Also, everybody down here knows how to cook them so that they taste good. Don't need any food.

13. Three of the ten largest cities in the United States , and twenty- three of the 100 largest cities in the United States , are located inTexas. And Texas also has more land than California , New York , New Jersey , Connecticut , Delaware , Hawaii , Massachusetts , Maryland , Rhode Island and Vermont combined.

14. Trade: Three of the ten largest ports in the United States are located in Texas .

15. We also manufacture cars down here, but we don't need to. You see, nothing rusts in 
Texas, so our vehicles stay beautiful and run well for decades.

This just names a few of the items that will keep the Republic of Texas in good shape. There isn't a thing out there that we need and don't have.

Now to the rest of the United States under President Obama: Since you won't have the refineries to get gas for your cars, only President Obama will be able to drive around in his big 5 mpg SUV.The rest of the United States will have to walk or ride bikes.

You won't have any TV as the Space Center in Houston will cut off satellite communications. You won't have any natural gas to heat your homes, but since Mr. Obama has predicted global warming, you will not need the gas as long as you survive the 2000 years it will take to get enough
 heat from Global Warming. 

Signed,
The People of Texas

P.S. This is not a threatening letter - just a note to give you something to think about!
SLEEP WELL TONIGHT - THE EYES OF TEXAS ARE UPON YOU!!

Saturday, July 14, 2012

JW Sues Fed for Records Detailing U.S. Taxpayer Bailout of European Banks

Why on Earth is our government sending billions upon billions of dollars overseas to bail out European banks?

That question is at the center of a new Judicial Watch investigation as we 
continue our effortto force the Obama administration to come clean on all aspects of the ongoing bailouts - which began five years ago and, despite what some politicians may tell you, never really ended. 

On Tuesday we sued the Board of Governors for the Federal Reserve System and the Federal Open Market Committee (FOMC), a committee within the Federal Reserve, for records detailing the Fed's December 2011 taxpayer-funded bailouts of European Banks.
 
But wait a moment...

Didn't Federal Reserve Chairman Ben Bernanke sayin a December 14, 2011, meeting with Senate Republicans that he lacked the authority to use taxpayer dollars to bail out troubled European banks? Yes, he reportedly did just that.

However, a "currency swap" program extended by the Fed on November 30, 2011, led to nearly $95 billion in loans to the European Central Bank in December 2011 alone.

Let's take a look at how this "swap" works.

Under what is known as a "temporary U.S. dollar liquidity swap arrangement," the Fed lends U.S. dollars to foreign central banks which then auction these dollars off to their local banks. The Fed's stated intent for initiating the program was to ease lending for European banks during the financial crisis.

The Fed initiated the program in December 2007 and allowed it to expire in February 2010. In May 2010, the Fed rebooted the program and on November 30, 2011, extended it through February 1, 2013. This extension prompted a sharp increase from $400 million to $95 billion in loans in December 2011.

How is this different from any other run-of-the-mill bailout? It isn't. And that's why we want to uncover as many details as possible about why these swaps are taking place and under what circumstances.

On January 3, 2012, we submitted Freedom of Information Act (FOIA) requests seeking communications between the Federal Reserve Board of Governors, the FOMC, the Federal Reserve Bank of New York and the European Central Bank related to the November 30, 2011, currency swap extension. We also want access to records describing the justification for extending the currency swap program, as well as individual details regarding each swap transaction.

Moreover, given that little information is available to the public regarding the identities of the recipients of currency swap funds, Judicial Watch also seeks, "any and all records identifying, describing, or setting forth the identity of any bank or financial institution and the collateral offered by the bank or financial institution," between December 5, 2011, through December 31, 2011.

Here's why this last request is important, per Bloomberg:
For all the transparency forced on the Federal Reserve by Congress and the courts, one of the central bank's emergency-lending programs remains so secretive that names of borrowers may be hidden from the Fed itself.

As part of a currency-swap plan active from 2007 to 2010 and revived to fight the European debt crisis, the Fed lends dollars to other central banks, which auction them to local commercial banks...While the transactions with other central banks are all disclosed, the Fed doesn't track where the dollars ultimately end up, and European officials don't share borrowers' identities outside the continent.

The Federal Reserve Bank of New York reports that, as of March 31, the European Central Bank had $33 billion in outstanding swaps. The secrecy of these arrangements has beencriticized by Gerald O'Driscoll, a former Vice President of the Federal Reserve Bank of Dallas, as "bailing out European banks and, indirectly, spendthrift European governments. It is difficult to count the number of things wrong with this arrangement."

Regarding our basic FOIA request, the Federal Reserve Board of Governors and the FOMC can't say it was "lost in the mail." The stonewalling is intentional. Both entities acknowledged receipt of our records request on January 3, 2012, and were required by law to respond by February 1, 2012. However, as of the date of Judicial Watch's lawsuit, neither defendant has submitted a lawful response to Judicial Watch's original FOIA request.

Chairman Bernanke can dress it up in whatever language he chooses, but these "currency swaps" are nothing more than massive bailouts of European banks. That we have to sue to get basic information about this massive bailout speaks volumes about the dubious nature of this under-the-radar program.

But this secrecy is not altogether surprising considering that we have had to sue the "super transparent" Obama administration for records related to the bailout/government takeover of U.S. companies. At this point, with trillions of dollars now committed to this Big Government takeover of the private sector, we still do not have any answers regarding the legal justification used to authorize the bailouts.

No Congress voted to bail out Europe. And no president, let alone this one, signed a law authorizing such a bailout. From the beginning, the bailouts have been marked by contempt for the rule of law.  And, now, with a massive secret bailout of "Europe" underway, there seems to be no controlling legal authority for our nation's central bank and the politicians who refuse to seriously police the Fed's activities. Judicial Watch aims to change that and bring sunlight and the rule of law to this out-of-control government operation.

From Judicial Watch, which we fully support here.

Thursday, June 21, 2012

Will Government Motors go bankrupt again?

The Story No One Tells About One of America's Biggest Bankruptcies

The GM situation is a microcosm of what's gone wrong in our country.

In the June issue of my Investment Advisory, I argued that the bankruptcy process resolved none of GM's core problems. The process was subverted by the political establishment, which sought to protect one class of citizen at the expense of the regional economy, GM's bondholders, and its customers.

If we can't apply the rule of law and sound economics to fixing one of the world's most important manufacturing concerns… it doesn't bode well for anyone else being afforded these privileges, either.

That's why it's so important for you to understand what happened.

Most people simply don't realize that the bailout of GM wasn't a bailout of the company. It wasn't a bailout of its shareholders, who lost everything… or its bondholders, who lost almost everything. Where did the money go? To the union. The United Auto Workers (UAW) ended up with all the money.

Let me show you how…

GM slid into bankruptcy primarily because it couldn't profitably manufacture cars. (Yes, there were plenty of other issues, like too much debt, investments in subprime mortgages, etc. But the primary reason it couldn't solve these other problems was that it hadn't been making routine profits from manufacturing cars in about 20 years.) And the biggest single reason it couldn't profitably make cars was because its labor costs had soared.

Well, guess what? At $56 per hour, GM still has the highest labor costs in the industry.

The bankruptcy process didn't deal with the biggest financial hurdle GM faces, which is an enormous (and growing) unfunded pension liability. When the company entered bankruptcy, it owed $20 billion to the trust that was established to pay for the health care of its retired workers. Its pension program, with $100 billion in obligations, was also underfunded by roughly $10 billion. That's $30 billion in legitimate claims, which the union had to present to the bankruptcy court on behalf of GM's employees.

It could have received a mixture of cash and equity in the new GM – just like any other unsecured creditor. But there wasn't really a bankruptcy court. Instead, there was Steve Rattner – "the Rat," as we call him – the crooked Democratic political operative under investigation for bribing New York State pension officials. Obama made him the "car czar."

His job wasn't to fix GM. It was to deliver billions to the union and, thus, deliver Michigan for Obama in the next election.

Bondholders at GM were owed $30 billion, too. A legitimate bankruptcy would have sold or liquidated the company's assets and split the proceeds between the two major claimants, the bondholders and the unions. GM had roughly $20 billion in tangible assets, plus probably another $10 billion in intellectual property. These sums could have either been liquidated or put into a new company, with the equity split between bondholders and unions.

Not surprisingly, the current market cap of the new GM is $34 billion, right around the same number that could have been raised in a liquidation. The bankruptcy court should have given the unions roughly $15 billion worth of cash or new equity and the same thing to bondholders.

Everyone would be square. And the company (or at least the company's assets) would have been freed from the stranglehold of huge debts and pension obligations.

Taxpayers shouldn't have paid a dime in this process because, frankly, it's none of our business.

Remember… the purpose of bankruptcy isn't to repay creditors. They're screwed. They're not getting all their money back because they bet on the wrong horse. That's how capitalism works. That's the price of liberty – you're free to make bad choices.

The purpose of bankruptcy is to free productive assets from the burden of debts that can't be repaid or refinanced. We do this because it's good for society, not because it's good for creditors. Had the bankruptcy been handled legitimately, GM's assets would have ended up in the hands of better entrepreneurs. Its workers could have found new, productive jobs at a rate the market would bear. (Other carmakers are paying $47 per hour – these aren't bad jobs.)

Yes, GM's retirees, its pension program, and its bondholders would have taken a hit. But they wouldn't have walked away empty-handed. They would have been the owners of a profitable company, operating debt-free and without the burden of almost endless obligations to a pension fund.

But that's not what happened. Instead, the government injected an amazing $50 billion into the company and, at last count, has lost roughly half of it.

How did taxpayers lose $25 billion on a company whose total tangible assets were only worth $20 billion? How did bondholders lose almost all of their $30 billion, too? And most importantly, how did our country end up with a GM that can't earn a genuine profit because of never-ending obligations to its pension fund?

I think you probably know, dear subscriber. The Rat did what he was being paid to do. He delivered billions and billions of dollars to the union… amounts that will never be recovered… billions that will never be found.

Here's what we do know about where the money went… Bondholders got 10% of the new GM – about $4 billion worth of stock at the time of the IPO. However, they weren't allowed to sell until much later, so that value dropped about one-third by the time they could have actually liquidated. Thus, bondholders ended up getting about 10 cents on the dollar. The unions, on the other hand, got paid 100% of the pension liability – about $10 billion, which was simply passed onto the new GM and has now grown to $13 billion.

In addition, the union's health care trust got 17.5% of the new equity (worth about $6 billion), plus $9 billion in preferred stock and notes. These securities are not only worth more, but they will also likely end up with essentially all the company's cash flows for the next decade. 

In total, the unions walked away with about $28 billion in cash and stock (out of $30 billion owed). Not surprisingly, that's almost exactly the amount of money that's gone missing from the government's accounts. The union also retained a position of absolute control over the company's earnings.

In short, the unions got paid 93% of what they were owed and will likely continue to have a legal claim to virtually all of GM's cash flow. The bondholders got a few pennies. The taxpayers lost $25 billion. And GM still can't make a real profit. Bravo!

I'm sure folks as virtuous, thrifty, and honest as the good people of the UAW will prove to be excellent stewards of GM's assets and reputation. Surely, GM's future has never been brighter. And Obama's legacy as the savior of Detroit is assured…

By the way… the numbers above are all real. Most of the stuff you see reported about GM is not. There's a good reason for this, of course… The government continues to own a large portion of GM's stock, and GM is one of the largest advertisers in the U.S.

Nobody wants to take on those two powerful interests.

Take, for example, what Morgan Stanley's GM analyst, Adam Jonas, told the Wall Street Journal earlier this month… He claimed GM had gotten rid of 20% of its roughly $100 billion total pension obligation by spending only "$3 billion." Imagine if that were true!

If the company was able to resolve $20 billion in obligations by spending $3 billion now, well… that would dramatically improve the financial standing of the business and probably double or triple its stock price. Strangely, that's not what happened. Instead, the credit ratings agencies warned they "might" have to downgrade GM's debt. And the share price continued to fall…

I don't know Adam Jonas. And I don't know that the paper is quoting him fairly. But whatever the case, nothing could be further from the truth.

GM unloaded $26 billion in future pension liabilities by contributing $25 billion in pension fund assets, $1 billion in cash, and paying $3 billion in an insurance premium. So what actually happened is that the company put virtually all of its earnings – $4 billion – toward its pension (again) and saw the total unfunded liability drop by a mere $1 billion, from $14 billion to $13 billion.

Assuming the rest of these liabilities could be extinguished at the same rate, it would cost GM roughly $50 billion to wipe out all its remaining pension liabilities. Strangely, neither Jonas nor the Wall Street Journalsaw fit to mention that part…

I'll leave you with these two simple questions…

If we can't count on the media to keep us informed about the major problems of our country's most important companies… and if we can't count on the government (which still owns 26% of GM's equity) to deal with its pension obligations honestly and fairly… what does this say about the likely future prospects of GM? What does it say about our country?
By Porter Stansberry

Monday, April 30, 2012

Does obama take responsibility for ANYTHING??

 Am I the only one that has noticed that this president needs a lesson in responsibility? Has anyone EVER heard him take responsibility for anything? Ok he has taken kudo's for things that were NOT of his doing, like the southern leg of the XL Pipeline and the fact that there are more oil rigs running now than ever before. Lets look at those 2 for a second:
  • That leg of the pipeline has NOTHING to do with the federal gov. only the states. So even if he said no, it would go thru anyway!
  • More oil rigs than ever-by his own words it takes 4-5 yrs. to come on line. Thank-you Mr. Bush. 
  • Oil coming out of FEDERAL land has declined 20+% under his watch
  • All those oil rigs are on PRIVATE and STATE lands, in which he has NO say period!
Those are just 2 and I could go on for hrs. Lately he has decided it is speculators that are to blame for the high price of gas. Are you seeing the pattern here? He blames everyone and everything on others. Now thats my kind of leader...leading from the rear! That is exactly what the office of President of the US is and has ever been! Read this from my fellow blogger, Dr. Ileana Johnson Paugh:

Are Speculators to Blame?


Economic fear, intimidation, threats, empty promises, and glaring misinformation are some of the tools used to rally support for this administration’s failing policies and to pander to its voting base


The Obama administration masterfully manipulates the politics of fear and obvious misinformation through speeches and a compliant media to rally its voting base and to justify its destructive policies that have brought this economy and our country to its knees.
Are Republicans the reason why students cannot get affordable student loans? Is the federal government not in charge of the student loan program? Why is college tuition so high, textbooks and tiny dorm rooms so expensive? Why do college graduates have 25 percent unemployment under President Obama’s administration? What good is the ability to get a low interest college loan if you cannot find a job when you complete your degree?
Are oil speculators the reason why we pay high gas prices at the pump? Has President Obama not promised that under his watch energy prices will necessarily skyrocket, coal plants go bankrupt, and gasoline will rise to $10 a gallon, following the European model? Has Secretary of Energy Chu not stated, they must find ways to push gas prices even higher than the current price?
Supply and demand are crucial determinants of the price of oil. Other variables such as a crisis and turmoil in the Middle East can cause real oil shortages or increase the fear of shortages. That is why oil futures contracts were invented, bought and sold by speculators.
Speculators can estimate the demand for oil and plan accordingly. They can lose or gain money based on too much demand and little supply or too much supply and little demand. They buy futures contracts to smooth out unexpected price changes. They never take delivery of gasoline; they hold contracts worth 42,000 gallons each.
Keynesian economists agree that speculators sell protection from risk to other people and smooth out price fluctuations by purchasing oil when it is abundant and cheap, holding the contracts and reselling them when oil is scarce and expensive. Speculators, in this economic view, “play an important role in alleviating and even preventing shortages of oil.”
Independent oil producers and OPEC, the best-organized cartel in the world, can increase or decrease output. A cartel’s decision is always collusive and often counterproductive to the goals of our economy. U.S. makes cartels illegal within our borders, in the interest of the free market, but they are legal elsewhere.
Speculators make money by betting on price moves, some willing to take the risk and some willing to avoid it. The price of future contracts is influenced by political events, economic news released by the government, and natural disasters.
The government releases economic data, sells Treasury bills, or creates new policies that influence the price of futures contracts for both natural (oil) and financial commodities (derivatives).
Speculators themselves can have a temporary influence on commodity prices by a sudden demand for a contract either sparked by rumors, inside information, or other factors that drive the price up or down. (Kenneth M. Morris and Virginia B. Morris)
Speculators operate in a “zero sum market.” For every person who makes a dollar, another person loses a dollar. Speculators trade in order to make money, they are not interested in acquiring oil or holding it, they purchase contracts. Speculators gamble on price changes, they buy contracts when they think prices are low and sell when they think prices are high.
According to Kevin Freeman, oil-price manipulation by speculators on the futures market in 2007 when oil was $50 per barrel to $150 per barrel in 2008 occurred without a disruption in supply. Supply actually increased slightly. “Daily paper trades at the New York Mercantile Exchange were seven times higher than the actual oil used.” If you accounted for all other exchanges, Chicago, London, Dubai, other markets, trades of oil speculators may have been 50 to 100 times that of oil used. Producers and consumers had no change in production levels or consumption patterns.
Dr. Mark J. Perry, Professor of Economics and Finance at the University of Michigan, said, “Market forces, not speculators, are the main determinants of oil prices and all other commodity prices. “A large number of scientific studies have failed to produce any credible evidence that high oil and gas prices were caused by the presence of financial investors in oil futures markets.” 
“The Obama administration is mistaken in attributing high oil and gas prices to the presence of financial investors in oil futures markets.” (CNN editorial, Professor Lutz Kilian)
Joseph Kennedy (D-MA) argued that, because of speculators, “today’s oil prices of about $100 a barrel have become disconnected from the costs of extraction, which average $11 a barrel worldwide.” The fact that it is physically and economically impossible to extract oil for $11 a barrel is lost on Representative Kennedy. (John Hinderaker, Energy Policy)
Sen. James Inhofe (R-OK) criticized the EPA’s “philosophy of enforcement” to “crucify” and “make examples” of oil and gas companies like the “Romans crucified random citizens in areas they conquered to ensure obedience.” EPA engaged in smear campaigns against natural gas producers in Pennsylvania, Texas, and Wyoming, claiming that the use of hydraulic fracturing caused water contamination, without providing scientific proof. After threats of steep fines and overt intimidation, the EPA backtracked, but the public’s perception of danger and fear was already entrenched. (Craig Bannister)
Economic fear, intimidation, threats, empty promises, and glaring misinformation are some of the tools used to rally support for this administration’s failing policies and to pander to its voting base. Are progressive Americans so dim, chanting gleefully in a propaganda style reminiscent of communism, eager to vote for the demise of their own freedom and economic independence? Are the taxpaying residents of Realityville, America hoping against all odds that they will out-vote the mesmerized and satisfied welfare recipients who want more communism?




The EPA is KILLING this country

The unelected, overpaid, self-proclaimed, law enforcing treehugger crew, the EPA [Employment Prevention Administration] and their red-tape, over-regulating, business strangling ways are killing this country and any hope of a recovery anytime soon! Read this from fellow Blogger, Alan Caruba:

We are witnessing the destruction of the nation by the environmental movement and the EPA has just provided you with the most dramatic example of that plan


The EPA Wrecking Ball

The Environmental Protection Agency is using its power to advance the objective of the environmental movement to deny Americans access to the energy that sustains the nation’s economy and is using the greatest hoax ever perpetrated, global warming—now called “climate change”—to achieve that goal.
“This standard isn’t the once-and-for-all solution to our environmental challenge,” said Lisa Jackson, the EPA administrator, “but it is an important commonsense step toward tackling the ongoing and very real threat of climate change and protecting the future for generations to come. It will enhance the lives of our children and our children’s children.”
This is a boldfaced lie. Its newest rule is based on the debasement of science that is characterized and embodied in the global warming hoax. It will deprive America of the energy it requires to function.
Since the 1980s the Greens have been telling everyone that carbon dioxide was causing global warming—now called climate change—and warning that CO2 emissions were going to kill everyone in the world if they weren’t dramatically reduced. The ball was put in motion with the United Nations 1997 Kyoto Protocols when many nations agreed to this absurd idea and carried forward by the United Nations Intergovernmental Panel on Climate Change ever since.
The Environmental Protection Agency was created to clean the nation’s air and water where it was deemed that a hazard existed. Like most noble ideas and most Congressional mandates, the initial language was vague enough to be interpreted to mean anything those in charge wanted it to mean. Add in the global warming hoax and you have the means to destroy the nation.
Now it means that the source of fifty percent of all the electricity generated in the United States is being systematically put out of business and please do not act surprised; that’s exactly what Barack Obama said he intended to do if elected President.
This is evil writ large.
Shutting down utilities that use coal, an energy source the U.S. has in such abundance that it could provide electricity for the next hundreds of years, and ensuring that no new ones are built fits in perfectly with all the Green pipedreams about “renewable” energy. Solar and wind presently provide about two percent of the nation’s electricity and, without government subsidies and mandates requiring their use, they would not exist at all.
  • How stupid is it to not build more nuclear power plants when this form of power doesn’t emit anything but energy?
  • How stupid is it not to use coal when the U.S. is the Saudi Arabia of coal?
  • How stupid is it to begin to find reasons to regulate and thwart fracking, the technology to access trillions of cubic feet of natural gas that has been in use for decades?
  • How stupid is it to cover miles of land, far from any urban center, with hundreds of solar panels or huge, ugly wind turbines that kill thousands of birds every year?
The sun does not shine all the time, nor does the wind blow all the time. In the event of overcast skies or a day without wind, traditional plants—those using coal, gas, nuclear or generating hydroelectric power—have to be maintained as a backup. Take away the coal-fired plants and there were be huge gap in the national grid.
Darkness will descend and Americans will begin to live with blackouts and brownouts that will undermine every aspect of our lives. It’s bad enough when a town or even a city briefly loses power because of a storm, but imagine that occurring on a regular basis because there just aren’t enough utilities generating power!
What kind of people stand by idly while its own government conspires to take away the primary source of energy that everything else depends upon? The answer? You. The answer is the many elected politicians that have done little to rein in a rogue government agency intent on undermining the nation by denying it the ability to generate power with the least expensive source of electricity, coal.
The EPA, an unelected bureaucracy, has just ensured that all Americans, industries, small businesses, and individuals will begin pay far more for electrical power.
Richard J. Trzupek, the author of “Regulators Run Wild” and an environment policy advisor for The Heartland Institute, said of the new rule, “With around 50,000 megawatts of coal-fired power set to be forcibly retired in the next few years—thanks to the draconian policies of Obama’s EPA—this rule ensures that no new modern, efficient coal fired power plants will be built to fill the gap.”
In a triumph of crony capitalism, Trzupek notes that “The big winner will be Obama’s good friend, GE Chairman Jeff Immelt. Since solar and wind cannot fill a 50,000 megawatt baseload gap, the only way to ensure continued reliability of the grid is to build a lot of natural gas-fired plants quickly. And who is the biggest supplier of natural gas-fired combustion engines? GE of course.”
If you think that environmental organizations like the Sierra Club and Friends of the Earth, among many others, are seeking to “protect” the Earth, you are seriously mistaken. They have been among the leading opponents of coal and they have had allies in Congress such as the Majority Leader of the Senate, Harry Reid, (D-NV) who has said “Coal makes us sick. Oil makes us sick.”
NO! Coal provides the engine of our nation’s electrical power and oil provides the energy that fuels our transportation and is the basis for countless products that enhance and improve our lives every day.
We are witnessing the destruction of the nation by the environmental movement and the EPA has just provided you with the most dramatic example of that plan

Friday, February 24, 2012

Global Warming Imbeciles Backtrack!

Well the left-wing nut global warming so-called scientists have been made to look so ridiculous with their very biased, extremely skewered kindegarten science that they are now taking another approach! Lets see what they are trying to cram down our throats now! This is from a brilliant lady that tells it like it is. This is from  Dr. Ileana Johnson Paugh's Blog:

After global warming has been debunked, omniscient environmentalists changed their rhetoric to global cooling and now to climate-change. Of course, the climate has been changing back and forth for thousands of years without human input, but environmentalists have now noticed because it justifies their man-as-culprit agenda. How else could a minority impose their omnipotent will on the majority?

Because 30,000 readings of temperatures around the globe have shown the earth as cooling since 1997, Al Gore and his supporters have changed their talking points from global warming to climate-change.


Record-low temperatures in parts of Eastern Europe caused death tolls from Ukraine to Romania. Two meters of snow covered villages and towns in Romania, such as Buzau, forcing occupants to leave their homes through the roof. Mountains of snow trapped people in their homes and many are feared dead. The waters of the Black Sea froze quite a distance from the shore. Wave protection dams froze in the port of Constanta.
In the meantime, in Virginia, the Middle Peninsula Planning District Commission was making municipal preparations for sea-level rise caused by climate change. According to the Washington Post, “a well-organized and vocal group of residents has taken a keen interest” in the proceedings, opposing planners and politicians who promote man-made global warming.


“The residents’ opposition has focused on a central point: They don’t think climate change is accelerated by human activity, as most climate scientists conclude.” (Washington Post)
The truth is that most scientists do not conclude that climate change is caused or accelerated by human activity. One thousand scientists, some of whom had received the Nobel Prize in science, took a one-page ad in the paper stating their disagreement with the faux proclamations of global warming.


Darryl Fears describes the area as having “historic geological issues.” “A meteor landed nearby 35 million years ago, creating the Chesapeake Bay Impact Crater. In addition, a downward-pressing glacial formation was created during the Ice Age. These ancient events are causing the land to sink, accounting for about one-third of the sea-level change, scientists say.” How science can ascertain with such accuracy the one-third cause of sea-level change is as suspect as the premise that global warming/climate-change is man-made.


Municipal planners redesigned the area as a future flood zone. Officials, who use name-calling to discredit the opposition, called the citizens against the plan, “activists acting on a hoax.” The hoax in question is UN Agenda 21.
“Agenda 21 is the least thing they should be worried about,” said Patty Glick, senior climate-change specialist for the National Wildlife Federation, “It has no legal or policy implications for local governments in the United States.”  Yet 600 communities around the U.S. are members of the International Council on Local Environmental Initiatives (ICLEI), the implementation organization of UN Agenda 21.


According to Shereen Hughes, a former planning commissioner in James City County, “The uprising against smart growth is ridiculous and a conspiracy theory imagined by fear mongers.”
“In Gloucester County, planners sat stone-faced as activists took turns reading portions of the 500-page UN Agenda 21 text, delaying a meeting for more than an hour.” (Washington Post)


As usual, progressives find the opposition of conservative citizens annoying because they object to ideas and smart growth plans that Americans never voted on or agreed to.
“Agenda 21 is an agenda in name only, environmentalists say.” If UN Agenda 21 is a “conspiracy theory,” environmentalists are spending vast fortunes and UN resources trying to implement it across the globe, with conferences in Rio attended by 179 countries and thousands of delegates both in 1992 and in June 2012.


If UN Agenda 21 is a figment of the Agenders’ imagination, why did President Clinton sign Executive Order 12852, creating the President’s Council on Sustainable Development to translate UN Agenda 21 into public policy administered by the federal government? Why did the President’s Council create the first “Sustainable America” with 16 ‘we believe’ statements with the end goal to abolish private property, control education, control and reduce population, and control the economy?


In the absence of a global treaty to reduce carbon dioxide emissions, a gas that plants need to grow, environmentalists have now switched to two other possible shorter-term culprits that “drive climate change,” methane and soot, also called black carbons.
The suggestion to slow global warming is simple, say Brian Vastag and Juliet Eilperin, “to get people in Uganda and India to adopt cleaner-burning stoves,” and to convince farmers in third world countries to plow agricultural waste under instead of burning it. Could we also cork volcanoes from burping ash occasionally into the atmosphere?


According to Washington Post, computer simulations by a 24-member international team claim, “reducing methane and soot would slow global warming dramatically – by almost a degree Fahrenheit – by the middle of the century.” I am skeptical of this precision since meteorology science cannot even accurately predict what the temperatures will be tomorrow.


The U.S. has spent $60 million to support methane reduction projects overseas and pledged $50 million more, including $5 million to the Arctic Council Initiative to reduce black carbon emissions in Russia. (Emily Cain, State Department)
“Environmentalists have always had an agenda to put nature above man. If they can find an end to their means, they do not care how it happens. If they can do it under the guise of global warming and climate change, they will do it.” (Donna Holt, Virginia Campaign for Liberty)


Chantell and Mike Sackett’s not yet built dream house in the Idaho Panhandle has become the latest battleground against the EPA and the enforcement of the Clean Water Act. According to developers, corporations, utilities, libertarians, and conservative members of Congress, their fight has become a prime example of the EPA’s “abominable bureaucratic abuse.”


The Supreme Court will decide on the four-year battle (Sackett v. EPA) over the 0.63-acre lot, located in a subdivision with sewer hookup, a lot deemed wetlands by the EPA. The EPA has an “important environmental mandate which we don’t deny, but the agency is out of control and has been for some time.” (Damien M. Schiff, the Pacific Legal Foundation)


Whether it is EPA onerous powers over wetlands or environmentalists affecting local planning and redesigning properties as flood zones, we are fighting a war against federal regulations and against the implementation of UN Agenda 21 mandates.

Tuesday, January 31, 2012

Is the Government Going to Crash the Stock Market?

Trying to figure out where this president, a communist posing as a socialist is taking this country is becoming more clear after every campaign speech! He is following the direction of a scumbag called Saul Alinsky, page by page! 
  • First- command the mainstream media, CBS, ABC, NBC, MSNBC, CNN, PBS and Bloomberg are already his left wing campaign broadcasters!
  • Second- cause civil unrest across the country, obama, reid and princess pelosi have made it very clear they are behind the "occupy Wall St." anarchists!
  • Third- make people dependent on government, we now have almost 50% of the population on some form of government subsidy in which they feel entitled. Try taking that away! 
  • Fourth- crash the economy, well actions speak louder than words in this very ANTI-business, high taxing, regulation strangling administration!
We are now in the fourth and final part of this 100 year progressive campaign. It all started with the creation of the Fed, something our founders fought long and hard, tooth and nail to NOT allow to happen! Read this so you will know what is happening before most others:
Is the Government Going to Crash the Stock Market?
OK all you conspiracy theorists… dust off your aluminum foil hats and get out your J.D. Salinger novels. The government is going to push stock prices lower.

The U.S. Treasury is going to be auctioning off another series of 30-year bonds on February 9. If this auction goes off like the last three have, stock prices are in for a rough time. Stocks sold off ahead of each of the three previous 30-year U.S. Treasury bond auctions.

Now normally, I'm not a big believer in the government manipulation of stock prices. It probably does happen – just not to the extent that most of the folks in the "ham-radio" community think it does.

But let's face it… The government needs investors to buy its bonds to help keep interest rates low. And what better way to encourage demand in bonds than to orchestrate a stock market selloff just ahead of a bond auction?

Think about this…

The government auctioned off $13 billion in 30-year bonds on November 10. The S&P 500 peaked above 1,280 just 10 days prior… and then bottomed at 1,230 the day before the auction.

In December, the S&P 500 hit 1,260 early in the month. Then it declined 4% in five trading days… bottoming at 1,210 on December 14 – the day the U.S. Treasury auctioned $16 billion in 30-year bonds.

January's action was less obvious. As all conspiracy advocates know, it's just like the government to try to be less obvious. Stocks didn't decline much ahead of the January 12 auction of $13 billion in 30-year bonds. But the market did fall hard the morning of the auction.

So there you have it… Three auctions… three stock market drops.

Interest rates have been rising recently as folks have taken money out of Treasurys in favor of better returns in the stock market. But the Treasury needs to somehow motivate investors to bid for at least $13 billion in 30-year bonds on February 9. I can't think of a better way to coax investors back into the Treasury market than to have stocks fall hard in the early days of February.

Normally, it would seem absurd to think the government is actively manipulating stock prices. But given all the shenanigans the Fed has pulled over the past three years – and given the stock market action just before the past three bond auctions – it's almost absurd not to consider the possibility.

The market is already poised for at least a short-term pullback. Investor sentiment (a contrary indicator) is overwhelmingly bullish. Stocks are extended to the upside after rallying 5% already this month. And the Volatility Index (or "VIX") is on the verge of reversing higher.

The upcoming Treasury bond auction is just one more reason – albeit a bit of a conspiracy theory – to be a little cautious with stocks here.

Of course, once we get the February 9 auction out of the way, the stock market rally can continue. And we can get back to more important things… like looking for President Kennedy's real assassin.

Sunday, December 25, 2011

David Axelrod's Pattern of Sexual Misbehaviour!

This is a piece from Ann Coulter, although disliked by many, she definitely has her FACTS in order! Politics don't get any more corrupt anywhere outside of Chicago! Everything political that comes out of Chicago must be held to the highest level of scrutiny, including our "Communist in Chief", that will NEVER be done by the left wing media also known as obama's personal campaign machine! 

Herman Cain was the latest victim of the Chicago Brotherhood. Their smear campaign worked well because the person on the wrong end of this dirt digging machine spends all their time trying to defend themselves at great personal cost instead of focusing on the tasks at hand. 

Herman Cain has spent his life living and working all over the country -- Indiana, Georgia, Minnesota, Nebraska, Kansas, Washington, D.C. -- but never in Chicago.

So it's curious that all the sexual harassment allegations against Cain emanate from Chicago: home of the Daley machine and Obama consigliere David Axelrod.

Suspicions had already fallen on Sheila O'Grady, who is close with David Axelrod and went straight from being former Chicago mayor Richard M. Daley's chief of staff to president of the Illinois Restaurant Association (IRA), as being the person who dug up Herman Cain's personnel records from the National Restaurant Association (NRA).

The Daley-controlled IRA works hand-in-glove with the NRA. And strangely enough, Cain's short, three-year tenure at the NRA is evidently the only period in his decades-long career during which he's alleged to have been a sexual predator.

After O'Grady's name surfaced in connection with the miraculous appearance of Cain's personnel files from the NRA, she issued a Clintonesque denial of any involvement in producing them -- by vigorously denying that she knew Cain when he was at the NRA. (Duh.)

And now, after a week of conservative eye-rolling over unspecified, anonymous accusations against Cain, we've suddenly got very specific sexual assault allegations from an all-new accuser out of ... Chicago.

Herman Cain has never lived in Chicago. But you know who has? David Axelrod! And guess who lived in Axelrod's very building? Right again: Cain's latest accuser, Sharon Bialek.

Bialek's accusations were certainly specific. But they also demonstrated why anonymous accusations are worthless.

Within 24 hours of Bialek's press conference, friends and acquaintances of hers stepped forward to say that she's a "gold-digger," that she was constantly in financial trouble -- having filed for personal bankruptcy twice -- and, of course, that she had lived in Axelrod's apartment building at 505 North Lake Shore Drive, where, she admits, she knew the man The New York Times calls Obama's "hired muscle."

Throw in some federal tax evasion, and she's Obama's next Cabinet pick.

The reason all this is relevant is that both Axelrod and Daley have a history of smearing political opponents by digging up claims of sexual misconduct against them.

John Brooks, Chicago's former fire commissioner, filed a lawsuit against Daley six months ago claiming Daley threatened to smear him with sexual harassment accusations if Brooks didn't resign. He resigned -- and the sexual harassment allegations were later found to be completely false.

Meanwhile, as extensively detailed in my book "Guilty: Liberal 'Victims' and Their Assault on America," the only reason Obama became a U.S. senator -- allowing him to run for president -- is that David Axelrod pulled sealed divorce records out of a hat, first, against Obama's Democratic primary opponent, and then against Obama's Republican opponent.

One month before the 2004 Democratic primary for the U.S. Senate, Obama was way down in the polls, about to lose to Blair Hull, a multimillionaire securities trader.

But then The Chicago Tribune -- where Axelrod used to work -- began publishing claims that Hull's second ex-wife, Brenda Sexton, had sought an order of protection against him during their 1998 divorce proceedings.

From then until Election Day, Hull was embroiled in fighting the allegation that he was a "wife beater." He and his ex-wife eventually agreed to release their sealed divorce records. His first ex-wife, daughters and nanny defended him at a press conference, swearing he was never violent. During a Democratic debate, Hull was forced to explain that his wife kicked him and he had merely kicked her back.

Hull's substantial lead just a month before the primary collapsed with the nonstop media attention to his divorce records. Obama sailed to the front of the pack and won the primary. Hull finished third with 10 percent of the vote.

Luckily for Axelrod, Obama's opponent in the general election had also been divorced.

The Republican nominee was Jack Ryan, a graduate of Dartmouth and Harvard law and business schools, who had left his lucrative partnership at Goldman Sachs to teach at an inner-city school on the South Side of Chicago.

But in a child custody dispute some years earlier, Ryan's ex-wife, Hollywood sex kitten Jeri Lynn Ryan, had alleged that, while the couple was married, Jack had taken her to swingers clubs in Paris and New York.

Jack Ryan adamantly denied the allegations. In the interest of protecting their son, he also requested that the records be put permanently under seal.

Axelrod's courthouse moles obtained the "sealed" records and, in no time, they were in the hands of every political operative in Chicago. Knowing perfectly well what was in the records, Chicago Tribune attorneys flew to California and requested that the court officially "unseal" them -- over the objections of both Jack and Jeri Ryan.

Your honor, who knows what could be in these records!

A California judge ordered them unsealed, which allowed newspapers to publish the salacious allegations, and four days later, Ryan dropped out of the race under pressure from idiot Republicans (who should be tracked down and shot).

With a last-minute replacement of Alan Keyes as Obama's Republican opponent, Obama was able to set an all-time record in an Illinois Senate election, winning with a 43 percent margin.

And that's how Obama became a senator four years after losing a congressional race to Bobby Rush. (In a disastrous turn of events, Rush was not divorced.)

Axelrod destroyed the only two men who stood between Obama and the Senate with illicitly obtained, lurid allegations from their pasts.

In 2007, long after Obama was safely ensconced in the U.S. Senate, The New York Times reported: "The Tribune reporter who wrote the original piece (on Hull's sealed divorce records) later acknowledged in print that the Obama camp had 'worked aggressively behind the scenes' to push the story."

Some had suggested, the Times article continued, that Axelrod had "an even more significant role -- that he leaked the initial story."

This time, Obama's little helpers have not only thrown a bomb into the Republican primary, but are hoping to destroy the man who deprives the Democrats of their only argument in 2012: If you oppose Obama, you must be a racist.  
 

Tuesday, December 6, 2011

The actual LAWS broken by E. Holder & the DOJ-ATF

The reason many people are just fed up with the way everyone from Bankers to Congress, the Senate and higher is that there is NEVER any consequences for their actions. Anyone of us in the private sector would be in jail for breaking the laws these very same politicians write, yet seem to be immune from themselves. They are LITERALLY above the very laws they use to keep US in order. From insider trading to Tax evasion and everything in between.

I am going to show you a letter from a retired congressman [James R Lightfoot Member of Congress, ret. (1984 – 1996)] to Presidential Candidate Hon. Thaddeus McCotter that explains some of what has and is going wrong and the LAWS that have been broken. You can then come to your OWN conclusions on whether some of them should go to jail over this so called "Fast & Furious" gun running debacle that has directly cost the lives of at least 2 dedicated Americans doing their job in protecting this country! 

My Blog is titled the things your Government DOESN'T want you to know and this is the epitome of what I am talking about as you will NOT see this in ANY media, including FOX News. With that being said, please read the following in its unabridged entirety, and let me know what YOUR thoughts on it are:

Hon. Thaddeus McCotter                                  
2243 Rayburn HOB
Washington, DC 20515



Congressman McCotter:
I am writing to you as a private citizen and a resident of Texas. My background includes being a police office, broadcaster, business owner and Member of Congress.


Three times I have raised my right hand and taken an oath to protect and uphold our Constitution and country; once in the Army, once at the Tulsa Police Academy and once on the floor of the US House of Representatives. Today, I am standing up once again, however, I need your help.


You have called for the resignation of Attorney General Eric Holder. I applaud you for your stand, however, I would like to see you take it one step further.
Please find attached (below) some of the laws that have been broken by Fast and Furious.


Please encourage Congressman Issa and Senator Grassley to not give up when they find a few of the culpable, rather they must push forward with the power of the committee and the US Congress to uncover all that is amiss in this entire operation.
I had the privilege to serve as ranking member and then Chairman of the old Treasury, Postal and General Government (TPS) sub-committee on Appropriations. Rebuilding ATF after Waco came under my watch. I have continued to be associated with law enforcement and ATF since leaving Congress and I can assure you that agency is badly broken.


The level of retaliation and harassment that is fostered upon good agents in the field is a disgrace and in many cases unlawful. However, a good-old-boy system that includes the lawyers at ATF continue the mistreatment, the law suits and general harassment of agents that want to do their jobs by the book, be honest and put bad guys in jail.
Many good agents have already left ATF and others are ready to go.


Recently, I had the honor to attend a memorial for murdered Border Patrol Agent Brian Terry. It was a humbling experience, but offered an opportunity to talk at length with Border Patrol Agents, ATF Agents and local law enforcement. They are living in a war zone and I came away with the determination to try and do something to make things better for them. They certainly are not getting the support and help they need from our DOJ. They cannot speak up for fear of retaliation.
I can.


Congressman, you are in a position to right the wrongs that the whistleblowers and other goods agents have had to suffer. I urge you to please work for a Special Counsel or whatever it takes to get the evidence dug out of ATF, DOJ, DEA, FBI and any other bad player involved with the disgrace and travesty we are now witnessing.


Tuesday Roll Call is scheduled to print an op-ed I wrote asking for the indictment of Eric Holder, William Newell, William McMahon and anyone else that has played a role in the execution of Fast and Furious.
As a former soldier, police officer, Member of Congress and now a private citizen I urge you to continue your interest in bringing justice to those adversely effected by Fast and Furious and would support your efforts to seek indictment in any way I can.
Respectfully,












Member of Congress (ret)
James R Lightfoot
Member of Congress, ret.
(1984 – 1996)



Potential unlawful acts by ATF Agents related to Operation Fast and Furious

Keep in mind, NONE of this relates to potential STATE violations, such as negligent homicide, or some other reckless conduct statutes. Even if the Feds stepped in and snatched the state prosecutions into federal court as the law allows, they would still have to prosecute or answer why not.
Items in blue are referenced to the observation in red at the end of each paragraph.


18 U.S.C. § 922 : US Code - Section 922: Unlawful acts

(a) It shall be unlawful -
(1) for any person -
(A) except a licensed importer, licensed manufacturer, or
licensed dealer, to engage in the business of importing,
manufacturing, or dealing in firearms, or in the course of such
business to ship, transport, or receive any firearm in
interstate or foreign commerce; or



ATF and DOJ Attorneys clearly were engaged or conspiring to engage in the business
(B) except a licensed importer or licensed manufacturer, to
engage in the business of importing or manufacturing
ammunition, or in the course of such business, to ship,
transport, or receive any ammunition in interstate or foreign
commerce;



ATF and DOJ Attorneys ordered and directed this as well
(6) for any person in connection with the acquisition or
attempted acquisition of any firearm or ammunition from a
licensed importer, licensed manufacturer, licensed dealer, or
licensed collector, knowingly to make any false or fictitious
oral or written statement or to furnish or exhibit any false,
fictitious, or misrepresented identification
, intended or likely
to deceive such importer, manufacturer, dealer, or collector with
respect to any fact material to the lawfulness of the sale or
other disposition of such firearm or ammunition under the
provisions of this chapter;



ATF Bosses, Agents and DOJ Attorneys did exactly this on multiple occasions. In order for some cop exemption to apply, They had to reasonably intend to disrupt and stop criminal activity. IE give some sample drugs to a kingpin to set him up for a large reverse. You cannot constantly provide an unending supply of drugs and just say “hey, we are working toward an arrest someday.”
(2) any firearm to any person in any State where the purchase
or possession by such person of such firearm would be in
violation of any State law or any published ordinance applicable
at the place of sale, delivery or other disposition, unless the
licensee knows or has reasonable cause to believe that the
purchase or possession would not be in violation of such State
law or such published ordinance;


Mexico is a state and this WAS in violation of published Mexican law or ordinance. ATF and DOJ Attorneys directed and conspired this to happen.

(h) It shall be unlawful for any individual,  who to that individual’s knowledge and while being employed for any person described in any paragraph of subsection (g) of this section, in the course of such employment -
(1) to receive, possess, or transport any firearm or ammunition
in or affecting interstate or foreign commerce; or
(2) to receive any firearm or ammunition which has been shipped or transported in interstate or foreign commerce.



Illegal aliens, illegal users of narcotics and felons were employing these straw purchasers and ATF and DOJ attorneys DID conspire to violate this “the bodyguard” statute to be violated.
(m) It shall be unlawful for any licensed importer, licensed manufacturer, licensed dealer, or licensed collector knowingly to make any false entry in, to fail to make appropriate entry in, orto fail to properly maintain, any record which he is required to keep pursuant to section 923 of this chapter or regulations promulgated thereunder.


Occurred with each and every straw purchase, directed, facilitated or allowed by ATF and DOJ Attorneys. There are emails telling the FFL it is ok to break the law.
18 U.S.C. 371, CONSPIRACY
outlaws conspiracy to commit any other federal crime. The others outlaw conspiracy to commit some specific form of misconduct, ranging from civil rights violations to drug trafficking.7 Conspiracy is a separate offense under most of these statutes,8 regardless of whether conspiracy accomplishes its objective.9 every conspiracy has at least two elements: (1) an agreement (2)  between two or more persons. Members of the conspiracy are also liable for the foreseeable crimes of their fellows committed in furtherance of the common plot.

There are no one-man conspiracies.31
Conviction under 18 U.S.C. 371 for conspiracy to commit a substantive offense requires proof
that one of the conspirators committed an overt act in furtherance of the conspiracy.


You can commit a conspiracy with an unindicted co-conspirator. It appears this is the one that will kill them in relation to very act the cartel/straw purchasers committed, including murder. In order to avoid this, they have to admit they are acting under color of law for ANY Law Enforcement protections. SEE ABOVE, the problem with that is that acting under color of law requires you are within the scope of your duties and advancing legitimate law enforcement actions.
The elements of conspiracy to defraud the United States under 18 U.S.C. 371 are (1) an agreement of two or more persons; (2) to defraud the United States; and (3) an overt act in furtherance of the conspiracy committed by one of the conspirators.65 The “fraud covered by the statute reaches any conspiracy for the purpose of impairing, obstructing or defeating the lawful functions of any department of the Government” by ” deceit, craft or trickery, or at least by means that are dishonest.“67 The plot must be directed against the United States or some federal entity; a scheme to defraud the recipient of federal funds is not sufficient. The scheme may be designed to deprive the United States of money or property, but it need not be so; a plot calculated to frustrate the functions of an entity of the United States will suffice.


Based on overt direction by ATF and DOJ Attorneys the above should be a slam dunk. You’ll notice this is a willful NOT a knowing act. In other words, they meant to do it. They didn’t need to know all the ins and outs.


Mail and wire fraud is a federal crime in the United States. Together, 18 U.S.C. §§1341, 1343, and 1346 reach any fraudulent scheme or artifice to intentionally deprive another of property or honest services with a nexus to mail or wire communication.
18 U.S.C.§ 1341provides:


Whoever, having devised or intending to devise any scheme or artifice to defraud, or for obtaining money or property by means of false or fraudulent pretenses, representations, or promises, or to sell, dispose of, loan, exchange, alter, give away, distribute, supply, or furnish or procure for unlawful use any counterfeit or spurious coin, obligation, security, or other article, or anything represented to be or intimated or held out to be such counterfeit or spurious article, for the purpose of executing such scheme or artifice or attempting so to do, places in any post office or authorized depository for mail matter, any matter or thing whatever to be sent or delivered by the Postal Service, or deposits or causes to be deposited any matter or thing whatever to be sent or delivered by any private or commercial interstate carrier, or takes or receives therefrom, any such matter or thing, or knowingly causes to be delivered by mail or such carrier according to the direction thereon, or at the place at which it is directed to be delivered by the person to whom it is addressed, any such matter or thing, shall be fined under this title or imprisoned not more than 20 years, or both. 


If the violation occurs in relation to, or involving any benefit authorized, transported, transmitted, transferred, disbursed, or paid in connection with, a presidentially declared major disaster or emergency (as those terms are defined in section 102 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5122)), or affects a financial institution, such person shall be fined not more than $1,000,000 or imprisoned not more than 30 years, or both.[2]


All Federal funding used in any case has been reported, transferred, accounted for through the U S Mail at some point. Clearly whatever was stated by the agents, bosses or U S Attorney justifying the expenditures was fraudulent.

Wire

18 U.S.C. §1343 provides:
Whoever, having devised or intending to devise any scheme or artifice to defraud, or for obtaining money or property by means of false or fraudulent pretenses, representations, or promises, transmits or causes to be transmitted by means of wire, radio, or television communication in interstate or foreign commerce, any writings, signs, signals, pictures, or sounds for the purpose of executing such scheme or artifice, shall be fined under this title or imprisoned not more than 20 years, or both. If the violation affects a financial institution, such person shall be fined not more than $1,000,000 or imprisoned not more than 30 years, or both.[3]


Huge wire fraud implications resulting from EVERY email, fax, Teletype that occurred with the intent to mislead the true actions of Fast and Furious.
42 U.S.C.§ 1983 now reads:[3]
Every person who under color of any statute, ordinance, regulation, custom, or usage, of any State or Territory or the District of Columbia, subjects, or causes to be subjected, any citizen of the United States or other person within the jurisdiction thereof to the deprivation of any rights, privileges, or immunities secured by the Constitution and laws, shall be liable to the party injured in an action at law, Suit in equity, or other proper proceeding for redress, except that in any action brought against a judicial officer for an act or omission taken in such officer’s judicial capacity, injunctive relief shall not be granted unless a declaratory decree was violated or declaratory relief was unavailable. For the purposes of this section, any Act of Congress applicable exclusively to the District of Columbia shall be considered to be a statute of the District of Columbia.


To be clear, Brian Terry, Jaime Zapata and every other cop and civilian harmed by a Fast and Furious gun has been deprived of their constitutional civil rights at the hands of ATF and DOJ Attorneys under the color of law. Example: An agent walks high-grade heroin with no safe guards, and no specific greater law enforcement future good that he/she can articulate, and someone’s kid overdoses because of it, BINGO, same deal as Fast and Furious.


The Supreme Court has interpreted the United States Constitution to construct laws regulating the actions of the law enforcement community. Under “color of law”, it is a crime for one or more persons using power given to him or her by a governmental agency (local, state or federal), to willfully deprive or conspire to deprive another person of any right protected by the Constitution or laws of the United States. Enforcement of “color of law” does not require that any racial, religious, or other discriminatory motive existed. Criminal acts under color of law include acts within and beyond the bounds or limits of lawful authority.


Jim Ross Lightfoot  Bio

Jim Ross Lightfoot Most recent columns

James R. Lightfoot, (Lightfoot Strategies served in Congress six terms, starting in 1985 and retiring in 1997. As Chairman of the Subcommittee on Treasury, Postal and General Government (TPS) of Appropriations, he had jurisdiction over 40% of Federal Law Enforcement (Customs, Secret Service, ATF, FLETC, and IRS enforcement).