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Fed Eyes Nationalization Of US Banks

March 31, 2008
The US Federal Reserve is examining the Nordic bank nationalisations of the 1990s as a possible interim solution to the US financial crisis. The Fed has been criticised for its rescue of Bear Stearns, which critics say has degenerated into a taxpayer gift to rich bankers. A senior official at one of the Scandinavian central banks told The Daily Telegraph that Fed strategists had stepped up contacts to learn how Norway, Sweden and Finland managed their traumatic crisis from 1991 to 1993, which brought the region's economy to its knees. It is understood that Fed vice-chairman Don Kohn remains very concerned by the depth of the US crisis and is eyeing the Nordic approach for contingency options.   Full Story

Bread, Milk, Egg Prices Spike, Draining Wallets

March 31, 2008
Rising fuel, wheat and soybean oil prices have caused the cost of food production to spike, and product prices are expected to jump another 3 percent in 2008 after they rose nearly 5 percent in 2007, according to U.S. Department of Agriculture data. People are also paying 57 cents more for a pound of coffee and $1 more for a carton of large, grade A eggs than they did at this time last year, data show, although the increase in the price of eggs is expected to dwindle by at least 2 percent in 2008. The average price of bread - $1.32 per loaf - has increased by nearly 32 percent during the last three years. Goods that contain wheat and soybean oil will continue to rise in 2008 by between 5.5 percent and 6.5 percent, according to the Economic Research Service, a service offered by the USDA.   Full Story

The Smart Way Out of a Foolish War

March 31, 2008
Both Democratic presidential candidates agree that the United States should end its combat mission in Iraq within 12 to 16 months of their possible inauguration. The Republican candidate has spoken of continuing the war, even for a hundred years, until "victory." The core issue of this campaign is thus a basic disagreement over the merits of the war and the benefits and costs of continuing it. The contrast between the Democratic argument for ending the war and the Republican argument for continuing is sharp and dramatic. The case for terminating the war is based on its prohibitive and tangible costs, while the case for "staying the course" draws heavily on shadowy fears of the unknown and relies on worst-case scenarios. President Bush's and Sen. John McCain's forecasts of regional catastrophe are quite reminiscent of the predictions of "falling dominoes" that were used to justify continued U.S. involvement in Vietnam. Neither has provided any real evidence that ending the war would mean disaster, but their fear-mongering makes prolonging it easier.   Full Story

Supreme Court Rules Bush Exceeded His Powers

March 28, 2008
The Supreme Court rebuffed President Bush on Tuesday for exceeding his powers under the law, ruling he does not have the "unilateral authority" to force state officials to comply with an international treaty. The Constitution gives the president the power "to execute the laws, not make them," said Chief Justice John G. Roberts Jr. Unless Congress passes a law to enforce a treaty, the president usually cannot do it on his own, he said. The 6-3 decision was a rare defeat for Bush in the courts, and it came in an unusual case that combined international law, foreign treaties and the fate of foreign nationals condemned to die in Texas, California and several other states.   Full Story

CIA Role Claim In Kennedy Killing

March 27, 2008
New video and photographic evidence that puts three senior CIA operatives at the scene of Robert Kennedy's assassination has been brought to light. The evidence was shown in a report by Shane O'Sullivan, broadcast on BBC Newsnight. It reveals that the operatives and four unidentified associates were at the Ambassador Hotel, Los Angeles in the moments before and after the shooting on 5 June, 1968. The CIA had no domestic jurisdiction and some of the officers were based in South-East Asia at the time, with no reason to be in Los Angeles.   Full Story

Spy-In-The-Sky Drone sets Sights On Miami

March 27, 2008
Miami police could soon be the first in the United States to use cutting-edge, spy-in-the-sky technology to beef up their fight against crime. A small pilotless drone manufactured by Honeywell International, capable of hovering and "staring" using electro-optic or infrared sensors, is expected to make its debut soon in the skies over the Florida Everglades. If use of the drone wins Federal Aviation Administration approval after tests, the Miami-Dade Police Department will start flying the 14-pound (6.3 kg) drone over urban areas with an eye toward full-fledged employment in crime fighting.   Full Story

Pentagon Holds Thousands Of
Americans 'Prisoners Of War'

March 27, 2008
Sgt. Kristofer Shawn Goldsmith was one of the many soldiers and Marines, veterans of Iraq and Afghanistan, who gave testimony at last weekend's Winter Soldier investigation. They spoke from personal experience about what the American military is doing in those countries. They gave examples of what they had done, what they had been ordered to do, what they had witnessed, how their experiences had wounded them, both physically and psychically, and what kind of care and support they have, or most often have not gotten since coming home. The panel Goldsmith was on was called "The Breakdown of the U.S. Military," so he surprised the audience when he said that he was going to talk about prisoners of war. He was not, however, going to talk about the three soldiers listed as missing in action on the Department of Defense website. He was referring to those who have been the victims of stop-loss, the device by which the president can, "in the event of war," choose to extend an enlistee's contract "until six months after the war ends." The "War on Terror" is this president's excuse for invoking that clause.   Full Story

U.S. Deploys Nuclear Sub To The Persian Gulf

March 25, 2008
An American nuclear submarine has crossed the Suez Canal to join the US fleet stationed in the Persian Gulf, Egyptian sources say. Egyptian officials reported that the nuclear submarine crossed the canal along with a destroyer on Friday and Egyptian forces were put on high alert when the navy convoy was passing through the canal. An American destroyer recently left the Persian Gulf, heading towards the Mediterranean Sea; earlier on Thursday, a US Navy rescue ship crossed the canal to enter the Red Sea. The deployment comes as recent reports allege that US Vice President Dick Cheney is seeking to rally the support of Middle Eastern states for launching an attack on Iran. This is while US officials deny that Cheney's Mideast tour is linked to a possible military attack on Iran. According to the latest reports, in recent months a major part of the US Navy has been deployed in and around the Persian Gulf.   Full Story

Back To The 1930s - "Papiere, Bitte" (Papers, Please)

March 25, 2008
As I've indicated many times previously, the power elite wants a World Socialist Government, but how will they get the people of the U.S. to accept Socialism? Well, first there will have to be a crisis. For example, today oil and commodity (e.g., corn) prices are skyrocketing (the price of wheat has tripled in the past 10 months). And with increased demand from China, India, etc., global demand will eventually outrun supply. This crisis will lead to calls for "National Planning" similar to that under FDR in the 1930s. In order to control populations, the power elite obviously has to be able to track them. This will be reminiscent of the 1930s in which the Nazis would request I.D. by saying, "Papiere, bitte" (Papers, please) of those under its control. Everyone also had an Arbeitsbuch containing her or his personal demographic, educational, occupational, etc. information. Today in Communist China, a similar document is the "Dangan." And by 2017 A.D., all British citizens will have a National I.D. card.   Full Story

Montana Governor: DHS 'Blinks' On Real ID

March 25, 2008
Montana governor Brian Schweitzer declared victory Friday after the Department of Homeland Security sent his state an extension to the Real ID act, despite his insistence Montana will never comply with a mandate he describes as a "boondoggle." "If I were writing the headline, it would be 'DHS Blinks," Schweitzer, a Democrat, told THREAT LEVEL by phone late Friday. Montana's attorney general sent DHS chief Michael Chertoff a letter (.pdf) Friday outlining the security features in Montana's current driver's licenses, which DHS threatened to reject as valid I.D. for boarding airplanes or entering federal buildings come May 11 unless the state promised to comply with Real ID. DHS responded by interpreting that letter as a request for an extension (.pdf) of the Real ID deadlines until 2010, reversing its previous position that Montana ID cards would be rejected by federal agents. "I sent them a horse and if they want to call it a zebra, that's up to them," Schweitzer said. "They can call it whatever they want, and it wasn't a love letter."   Full Story

US Death Toll In Iraq War Hits 4,000

March 24, 2008
A roadside bomb killed four U.S. soldiers in Baghdad on Sunday, the military said, pushing the overall American death toll in the five-year war to at least 4,000. The grim milestone came on a day when at least 61 people were killed across the country. Rockets and mortars pounded the U.S.-protected Green Zone, underscoring the fragile security situation and the resilience of both Sunni and Shiite extremist groups despite an overall lull in violence. The attacks on the Green Zone probably stemmed from rising tensions between rival Shiite groups and were the most sustained assault in months against the nerve center of the U.S. mission.   Full Story

A War Of Utter Folly

March 24, 2008
The invasion of Iraq in 2003 was a tragedy - for Iraq, for the US, for the UN, for truth and human dignity. I can only see one gain: the end of Saddam Hussein, a murderous tyrant. Had the war not finished him he would, in all likelihood, have become another Gadafy or Castro; an oppressor of his own people but no longer a threat to the world. Iraq was on its knees after a decade of sanctions. The elimination of weapons of mass destruction was the declared main aim of the war. It is improbable that the governments of the alliance could have sold the war to their parliaments on any other grounds. That they believed in the weapons' existence in the autumn of 2002 is understandable. Why had the Iraqis stopped UN inspectors during the 90s if they had nothing to hide? Responsibility for the war must rest, though, on what those launching it knew by March 2003.   Full Story

Unintended Consequences: Spitzer Got Snagged
By The Fine Print Of The Patriot Act

March 24, 2008
When Congress passed the Patriot Act in the aftermath of the 9/11 attacks, law-enforcement agencies hailed it as a powerful tool to help track down the confederates of Osama bin Laden. No one expected it would end up helping to snag the likes of Eliot Spitzer. The odd connection between the antiterror law and Spitzer's trysts with call girls illustrates how laws enacted for one purpose often end up being used very differently once they're on the books. The Patriot Act gave the FBI new powers to snoop on suspected terrorists. In the fine print were provisions that gave the Treasury Department authority to demand more information from banks about their customers' financial transactions. Congress wanted to help the Feds identify terrorist money launderers. But Treasury went further. It issued stringent new regulations that required banks themselves to look for unusual transactions (such as odd patterns of cash withdrawals or wire transfers) and submit SARs-Suspicious Activity Reports-to the government. Facing potentially stiff penalties if they didn't comply, banks and other financial institutions installed sophisticated software to detect anomalies among millions of daily transactions.   Full Story

The Federal Reserve Is Destroying America

March 20, 2008
It is incredible to see the rampant devaluation of the U.S. Dollar. The Federal Reserve just hours ago made a rare cut of 25 basis points during the weekend which will cause even more inflation. Gold immediately moved up $20 an ounce and the U.S. Dollar Index plunged under 71 in international trading. If this type of market activity continues the U.S. Dollar will have no value in a few months. While it is probably unlikely that we will see a hyper-inflationary collapse of the U.S. Dollar within the next few months, these policies are entirely unsustainable. If the Federal Reserve does not move to defend the value of the U.S. Dollar we will eventually see a hyper-inflationary collapse and worldwide financial turmoil. This view is also shared by other well respected financial analysts.   Full Story

Sleepwalking Into A Food Nightmare

March 20, 2008
New agricultural trends will soon seriously affect you. In fact, they already have. After years of relatively low inflation for basic agricultural commodities, prices for wheat, corn, eggs, milk, fruits, vegetables, beef and chicken are rising, and experts have said a new era of expensive food is here to stay-but that's not the worst that could happen. As global wheat supplies fall toward a 30-year low and U.S. stockpiles fall to a 60-year low, prices of the most popular varieties of the staple have climbed steeply, jumping 50 percent since August. At the Minneapolis Grain Exchange, where most of the high-demand spring wheat variety is traded, futures for May delivery have topped $18 a bushel. Wheat for March delivery increased by a quarter of its value to $24, the first time any U.S. wheat contract has exceeded the $20 mark, Bloomberg reports. Corn, soybeans and palm oil all hit new record highs in February, and barley, canola and sunflower seeds are also increasing sharply.   Full Story

Justices Agree On Right To Own Guns

March 20, 2008
Americans have a right to own guns, Supreme Court justices declared Tuesday in a historic and lively debate that could lead to the most significant interpretation of the Second Amendment since its ratification two centuries ago. Governments have a right to regulate those firearms, a majority of justices seemed to agree. But there was less apparent agreement on the case they were arguing: whether Washington's ban on handguns goes too far. The justices dug deeply into arguments on one of the Constitution's most hotly debated provisions as demonstrators shouted slogans outside. Guns are an American right, argued one side. "Guns kill," responded the other. Inside the court, at the end of a session extended long past the normal one hour, a majority of justices appeared ready to say that Americans have a "right to keep and bear arms" that goes beyond the amendment's reference to service in a militia. Several justices were openly skeptical that the District of Columbia's 32-year-old handgun ban, perhaps the strictest in the nation, could survive under that reading of the Constitution.   Full Story

Ron Paul Backers Succeed In Guerilla
Takeover Of Some GOP Caucuses

March 19, 2008
Never before had St. Charles County Republican Party Chairman Jon Bennett received so many queries about where this year's party caucus was to be held. And Bennett didn't recognize most of the callers. On Saturday, Bennett learned why. Dozens of avid supporters of Ron Paul, a Texas congressman who is running a renegade quest for the presidential nomination, staged a political guerrilla attack. Paul's supporters predict they have snagged roughly a third of the 2,137 state Republican delegates. Those delegates will determine the state GOP platform this spring and help select the presidential delegates to the national Republican presidential convention in Minneapolis in September. The unorthodox push, which sparked shouting matches in some meetings, reflected Paul's campaign - an anti-establishment, grass-roots movement built on passion.   Full Story

Poll: Most Americans Say War Not Worth It

March 19, 2008
On the eve of the five-year anniversary of the start of the war with Iraq, Americans continue to think the results of the war have not been worth the loss of American lives and the other costs of attacking Iraq, according to a new CBS News poll. Today 29 percent of Americans say the results of the war were worth it; 64 percent say they were not. In August 2003, less than six months after the beginning of the war, Americans were divided as the whether or not the results of the war were worth it. Opinion reached a low point in March 2006 - when only one in four Americans said the war was worth the costs.   Full Story

The Great Bank Robbery

March 19, 2008
Banking is a ponzi scam. Banking is nothing but a government sactioned, giant multi-level game. It is a pyramid scam that makes all other scams look like child's play. At the top of the pyramid is the Federal Reserve Board, and their owners. At the bottom are the little local branches of all the different state and national banks. As in all pyramid scams, the small branches at the bottom will fall first, taking most of the heat off those at the top. But eventually the pyramid must topple. In fact, we already hear the rumble of the pyramid starting to fall. But what most people do not know is that the banking system (scam) was designed to fail, and make certain people very wealthy in the process. The process is called USURY. Banks loan us ten dollars, and require us to repay eleven dollars. Since banks are the creators of the money when they lend it to us, we have nowhere to turn to get that eleventh dollar to repay.   Full Story

Defense Contractor Seeks To Buy Diebold

March 17, 2008
Yahoo isn't the only target of an unwelcome takeover. Diebold Inc., maker of automated teller machines, security systems and voting machines, was the recent target of an unsolicited $2.63 billion takeover offer from United Technologies Corporation, a leading aerospace defense contractor, whose divisions also include Otis elevators. The offer, which Diebold disclosed this weekend, amounted to $40 per Diebold share at a time when Diebold stock was trading at around $24 a share -- or at least it was before news of the takeover was made public. The price has since risen to about $37 a share.   Full Story

Ohio's Voting Machines Are Now An Official Crime Scene

March 17, 2008
At least 15 touch-screen voting machines that produced improbable numbers in Ohio's 2006 statewide election are now under double-lock in an official crime scene. And the phony "Homeland Security Alert" used by Republicans to build up George W. Bush's 2004 vote count in a key southwestern Ohio county has come under new scrutiny. The touch-screen machines were locked up after Ohio's new Democratic Secretary of State, Jennifer Brunner, tried to vote last fall. On November 6, she spotted a gray bar with the words "candidate withdrawn" in a slot where the name of Democrat Jay Perez should have appeared. Her husband, voting nearby, told her Perez's name did appear, as it was supposed to, on his machine.   Full Story

The Implosion Is Accelerating,
Prepare While You Can

March 17, 2008
For thirty years, I have been writing, speaking, imploring, and begging others to make rational, concrete plans for a time in life that would offer no quarter, give no mercy, and that would in a word be--catastrophic. We are coming face to face with that moment. You have so little time left to do anything that will give you a fighting chance. What are you doing? National Guard units are training and preparing for urban combat. The United States has just reached an agreement with Canada's armed forces to come in to this country and assume combat roles should they be needed in American cities and towns. The Federal Reserve's last ditch effort to stem the "blood loss" in the sub-prime and other currency markets has failed. The dollar has been abandoned for Euros. The stock market can't find its ass with both hands and a Chinese made, Wal-Mart sold ass finder. Israel has demanded that all of the financial aid it receives from Washington (that's us) be paid for in Euros. The ultimate irony and slap in the face. Oil, dairy, wheat, wheat products, gold, silver, copper prices, are racing for the stratosphere with no end in sight.   Full Story

JPMorgan To Buy Bear Stearns For $2 A Share

March 17, 2008
Just four days after Bear Stearns Chief Executive Alan Schwartz assured Wall Street that his company was not in trouble, he was forced on Sunday to sell the investment bank to competitor JPMorgan Chase for a bargain-basement price of $2 a share, or $236.2 million. The stunning last-minute buyout was aimed at averting a Bear Stearns bankruptcy and a spreading crisis of confidence in the global financial system sparked by the collapse in the subprime mortgage market. Bear Stearns was the most exposed to risky bets on the loans; it is now the first major bank to be undone by that market's collapse. The Federal Reserve and the U.S. government swiftly approved the all-stock buyout, showing the urgency of completing the deal before world markets opened. The Fed also essentially made the takeover risk-free by saying it would guarantee up to $30 billion of the troubled mortgage and other assets that got the nation's fifth-largest investment bank into trouble.   Full Story

House Passes New Surveillance Bill

March 15, 2008
The House on Friday approved a Democratic bill that would set rules for the government's eavesdropping on phone calls and e-mails inside the United States. The bill, approved as lawmakers departed for a two-week break, faces a veto threat from President Bush. The margin of House approval was 213-197, largely along party lines. Because of the promised veto, "this vote has no impact at all," said Republican Whip Rep. Roy Blunt of Missouri. The president's main objection is that the bill does not protect from lawsuits the telecommunications companies that allowed the government to eavesdrop on their customers without a court's permission after the Sept. 11, 2001, terrorist attacks. The vote sent the bill to the Senate, which has passed its own version that includes the legal immunity for telecom companies that Bush is demanding. Without that provision, House Republicans said, the companies won't cooperate with U.S. intelligence.
Full Story


Right Now, Feds Might Be Looking Into Your Finances

March 15, 2008
Each year, federal agents peek at the financial transactions of millions of Americans - without their knowledge. The same type of information that raised suspicions about New York Gov. Eliot Spitzer is reviewed every day by authorities to find traces of money laundering, check fraud, identity theft or any crime that may involve a financial institution. As concerns about fraud and terrorist financing grow, an increasing number of suspicious deposits, withdrawals and money transfers are being reported by banks and others to the federal government. Banks and credit unions as well as currency dealers and stores that cash checks reported a record 17.6 million transactions to the Financial Crimes Enforcement Network in 2006, according to a report from the network, a bureau of the U.S. Treasury Department. "I don't think Americans understand that their financial transactions are being reported and routinely examined," said Barry Steinhardt of the American Civil Liberties Union.   Full Story

Jet Fighter Costs To Hit $1 Trillion

March 15, 2008
(Guess who has to pay for this military industrial complex project!) The cost of buying and operating a new fleet of jet fighters for the U.S. military is nearing $1 trillion, according to a congressional audit that found the program dogged by delays, manufacturing inefficiencies and price increases. Released Tuesday, the report from the Government Accountability Office offers a sobering assessment of the ambitious effort to deliver a modern series of aircraft known as the F-35 Lightning II to the Navy, Air Force and Marine Corps. Tasked by Congress to conduct an annual assessment of the program, the GAO said costs have gone up by $23 billion since last year alone. Close to $300 billion is needed to acquire 2,458 aircraft for the three services and another $650 billion will be needed to operate and maintain the fighters that are expected to be flying well into the 21st century, the report says. Operating costs, projected at $346 billion just a few years ago, have been driven upward by changes in repair plans, revised costs for depot maintenance, higher fuel costs and increased fuel consumption.   Full Story

McCain Fortune Traced To Organized Crime

March 14, 2008
John McCain's personal fortune traces back to organized crime in Arizona, through his father-in-law, according to a report published by a multi-news agency team called Investigative Reporters and Editors Inc. IRE reporters Amy Silverman and John Doherty, writing in the Phoenix New Times, note that the father of McCain's wife, James Hensley, was convicted by a federal jury in U.S. District Court of Arizona in March 1948 on seven counts of filing false liquor records. Hensley also was charged with conspiracy to hide from federal authorities the names of persons involved in a liquor industry racket with two companies he managed, United Sales Company in Phoenix and United Distributors in Tucson. The umbrella company, United Liquor, at that time held a monopoly in Arizona, organized and managed by Kemper Marley, who was accused of mob ties by a reporter who was murdered in 1977.   Full Story

This Is How We Will Win

March 14, 2008
I know many of you are new to the election process but don't worry. I am going to go into some depth of how this all works so read and then read again if you need to. Did you know that the delegates can actually vote to unbind their delegates that are bound by state rules? Did you know that delegates can actually overturn any previous vote? Did you know the delegates have control of the entire process? The MSM is not reporting how to become the nominee in a situation like this so I will tell you to stop getting your info from the MSM. I know many of you are bummed about Dr. Paul not getting more votes in the states popular vote BUT THAT IS BECAUSE YOU DO NOT UNDERSTAND HOW THE ELECTION SYSTEM WORKS : Let me explain to you the reality of how to become the nominee. First stop looking at who wins each states popular vote for most of these states the vote by the people is really nothing but a straw poll and have no real bearing on who will become the nominee.   Full Story

Paul Leaves Open Door To Third-Party
Bid, Unlikely To Support McCain

March 14, 2008
In an interview on CNN Monday morning, long-shot presidential candidate Ron Paul, whose campaign is winding to a close, says he is unlikely to support presumptive Republican nominee John McCain and he left open the possibility of mounting a third-party bid for the White House. Recognizing the mathematical impossibility of overtaking presumed GOP nominee John McCain, Paul says his campaign for the White House is down-shifting as he focuses on building his "revolution" in other ways. The Texas congressman dismissed talk of a third-party presidential campaign as impractical, but he did not completely rule out the idea. "I don't think it's very practical, and I think Republicans deserve to have at least a conservative to vote for," Paul said. "The conservative base does not the support John McCain because he's identified more with the liberal Democrats. So why should they be disenfranchised? Although the odds are slim, but they have a right to vote for someone that stands for traditional Republican principles: limited government, personal liberties. I mean, this is something the Republicans used to brag about and preach, so they deserve a chance to vote for that." Paul said he likely would not support McCain for the sake of unifying the party.   Full Story

McCain Advisers Lobbied For Airbus

March 12, 2008
Top current advisers to Sen. John McCain's presidential campaign last year lobbied for a European plane maker that beat Boeing to a $35 billion Air Force tanker contract, taking sides in a bidding fight that McCain has tried to referee for more than five years. Two of the advisers gave up their lobbying work when they joined McCain's campaign. A third, former Texas Rep. Tom Loeffler, lobbied for the European Aeronautic Defence and Space Co. while serving as McCain's national finance chairman. EADS is the parent company of Airbus, which teamed up with U.S.-based Northrop Grumman Corp. to win the lucrative aerial refueling contract on Feb. 29. Boeing Co. Chairman and CEO Jim McNerney said in a statement Monday that the Chicago-based aerospace company "found serious flaws in the process that we believe warrant appeal." McCain, the Republican presidential nominee in waiting, has been a key figure in the Pentagon's yearslong attempt to complete a deal on the tanker. McCain helped block an earlier tanker contract with Boeing and prodded the Pentagon in 2006 to develop bidding procedures that did not exclude Airbus.   Full Story

AP: Water Makes US Troops In Iraq Sick

March 11, 2008
Dozens of U.S. troops in Iraq fell sick at bases using "unmonitored and potentially unsafe" water supplied by the military and a contractor once owned by Vice President Dick Cheney's former company, the Pentagon's internal watchdog says. A report obtained by The Associated Press said soldiers experienced skin abscesses, cellulitis, skin infections, diarrhea and other illnesses after using discolored, smelly water for personal hygiene and laundry at five U.S. military sites in Iraq. The Pentagon's inspector general found water quality problems between March 2004 and February 2006 at three sites run by contractor KBR Inc., and between January 2004 and December 2006 at two military-operated locations. It was impossible to link the dirty water definitively to all the illnesses, according to the report. But it said KBR's water quality "was not maintained in accordance with field water sanitary standards" and the military-run sites "were not performing all required quality control tests." "Therefore, water suppliers exposed U.S. forces to unmonitored and potentially unsafe water," the report said.   Full Story

Rand Paul: Is The Revolution Over Or Just Beginning?

March 11, 2008
Reports that Ron Paul has quit the Presidential Race remind me of Mark Twain's famous quote, "Reports of my death are greatly exaggerated." The Ron Paul Presidential campaign continues, albeit at a different pace. Is Ron Paul still campaigning for president? Yes. Ron Paul has tentative plans to campaign in Pennsylvania and Kentucky. Ron Paul will also likely appear in other states that have remaining primaries. The press is reporting that Ron Paul has quit the race. This is not true. Ron Paul's video simply acknowledges that the campaign will continue but will also transform into additional activities such as education and supporting other candidates. In Kentucky we just held precinct conventions and Ron Paul Republicans won hundreds of precinct captains. In Kyle Texas, Craig Young upset the establishment choice for Republican County Chairman. The Ron Paul Revolution lives on! Victory comes in many forms. Help shape what the Ron Paul revolution becomes.   Full Story

Washington Politicians Are
Gutting America Like A Fish

March 7, 2008
George W. Bush has created the path for American fascism, he's all but made the American Presidency and our Democratic system of governance a sham. He's not alone, however. In addition to the neo-conservative movement, we've seen the rise of cowardice in Congress. Democrats and moderate Conservatives have failed to stand up for justice and the Constitution. In the view of Americans who actually give a damn, the two-party system has failed and Democrats and Republicans may as well be working together as they've allowed Bush to get away with murder, so-to-speak. Since Bush was inaugurated, all of the problems with his administration have been under the microscope. The majority of the issues started as early as 2001 - illegal surveillance, international relations problems, above-the-law action. Other issues have arisen since then, including FEMA's response to Katrina, politicization of the Justice Department, disenfranchising voters, and providing fat contracts to his friends in corporate America.   Full Story

Cancel the Presidential Election!

March 7, 2008
Nothing could be better for the country than cancelling the 2008 election. Leave the office of the presidency empty. I can see only one possible justification for having a president of the United States: to preside over the dismantling of the federal government. If you think this is a radical idea, think again. This is, in part, what people have long voted for, even if they never actually get it. I can hardly remember a time when a president has been elected who didn't promise to get the government off our backs. In one way, this agenda makes no sense, of course. You don't hire a CEO to drive a company into bankruptcy. You don't appoint a pastor to shrink a congregation. Why should we expect a president to dismantle the thing that gives him power and fame, and his allies huge wealth? Well, realistically, you can't. But it's the best hope we have within the framework of conventional politics. The irony is that most presidents get elected on the prospect that they will curb power. It's true of George Bush, who promised domestic cuts and a humble foreign policy. Clinton was also elected on the promise of middle-class tax cuts. We can go back and back and see it was true for the first Bush, for Reagan, for Carter, for Nixon, and so on.   Full Story

Whistleblower: Cellular Carrier
Giving FBI Unfettered Access

March 7, 2008
Computer security analyst Babak Pasdar says that a major mobile telecommunications carrier has a built-in backdoor that provides an undisclosed third-party with unfettered access to its internal technical infrastructure, including the ability to eavesdrop on all calls through its network. In an affidavit that describes the circumstances and basis for the allegations, Pasdar provides evidence which could indicate that the FBI is on the other side of the secret line, engaging in warrantless surveillance of mobile communications. Pasdar discovered evidence of the backdoor when he was part of a rapid deployment team that was brought in to facilitate a large-scale network security hardware migration for the mobile carrier. During the migration, Pasdar was instructed not to migrate the traffic for one particular DS-3, which was referred to as the "Quantico Circuit" by consultants who worked closely with the carrier (the FBI Academy is based in Quantico, Virginia).   Full Story

A Shrewd Run For Congress: National
GOP United Against Ron Paul In '96

March 5, 2008
While Ron Paul mostly has been depicted in the media as a political oddity whose following is limited to libertarians and bloggers, Paul's past shows he knows how to win tough campaigns - even when he has to fight his own party's power brokers, as he did to win a congressional seat in 1996. It was just two years after the "Republican Revolution" of 1994, led by Newt Gingrich and his Contract With America. Republicans were trying to expand their first House majority in decades. But Paul was hardly the kind of reliable partisan the party wanted to boost its ranks. Although he had served as a Republican congressman in the late 1970s and '80s, he had run for president against George H.W. Bush as the Libertarian Party's nominee in 1988, and he had a reputation for harboring quirky passions, such as restoring the gold standard for U.S. currency.   Full Story

Attorney Michael Minns Beats The IRS Again

March 4, 2008
Two innocent and patriotic citizens' dodge 64 IRS lethal bullets in a triumph for justice and the American way. Last Christmas, the spirit of the season bestowed upon a Montrose, CO couple the greatest gift of all, freedom! James and Pamela Moran, facing a possible 180 combined years of incarceration were found not guilty by a jury of their peers on all 64 charges of an indictment in a Federal Courtroom. This victory defied all odds because the Morans were convicted of the same charges in December of 2004. The Ninth Circuit Court of Appeals overturned the Moran's 2004 convictions, granting them the new trial. Staying true to form the government once again indicted the Morans and a court date was set for early December of 2007. The government expected the same outcome from this trial as they experienced in the first one in 2004. Now enters a ringer for the Morans in Texas attorney, and former Golden Gloves Champion, Michael Minns. So it was back to Sleepless in Seattle for round two.   Full Story

Gold Rises to Record; Silver At 27-Year High On Dollar's Slump

March 4, 2008
Feb. 27 (Bloomberg) Gold rose to records in London and New York and silver gained to a 27-year high as the dollar's all-time low spurred demand for precious metals as a hedge against inflation. Palladium rose to the highest since 2001. Gold is up 15 percent this year as a U.S. housing slump and turmoil in credit markets led the Federal Reserve to lower interest rates when commodities were rising to records. The dollar declined on speculation Fed Chairman Ben S. Bernanke will signal more rate cuts in testimony to Congress today. "With a weaker dollar, imports become more expensive and that can import inflation into a country," said Ben Davies, chief executive officer of Hinde Capital Ltd. in London who helps manage the Hinde Gold Fund. "The Fed wants to inflate their way out of the problems of a huge deficit and a banking system that's at the point of imploding."   Full Story

Chavez Sends Tanks To Colombia Border In Dispute

March 3, 2008
Venezuelan President Hugo Chavez moved tanks to the Colombian border and mobilized fighter jets on Sunday, warning Bogota could spark a war after its troops struck inside another of its neighbors, Ecuador. Reacting to Colombia's killing on Saturday of a Colombian rebel over the border in Ecuador, a Venezuelan ally, Chavez also withdrew all of his diplomats from Bogota in the worst dispute between the neighbors since he came to office in 1999. "Mr. Defense Minister, move me 10 battalions to the frontier with Colombia immediately, tank battalions. The air force should mobilize," Chavez said, adding he will bolster his military's presence along the 1,400-mile (2,200-km) border. "May God spare us a war. But we are not going to allow them violate our sovereign territory," the ex-paratrooper added on his weekly TV show.   Full Story

The Revolution: A Manifesto By Ron Paul

March 3, 2008
The Preface of Ron Paul's new book, The Revolution: A Manifesto Copyright 2008 by Ron Paul, Courtesy Grand Central Publishing.

Every election cycle we are treated to candidates who promise us "change," and 2008 has been no different. But in the American political lexicon, "change" always means more of the same: more government, more looting of Americans, more inflation, more police-state measures, more unnecessary war, and more centralization of power.

Real change would mean something like the opposite of those things. It might even involve following our Constitution. And that's the one option Americans are never permitted to hear.

Today we are living in a fantasy world. Our entitlement programs are insolvent: in a couple of decades they will face a shortfall amounting to tens of trillions of dollars. Meanwhile, the housing bubble is bursting and our dollar is collapsing. We are borrowing billions from China every day in order to prop up a bloated overseas presence that weakens our national defense and stirs up hostility against us. And all our political class can come up with is more of the same.

One columnist puts it like this: we are borrowing from Europe in order to defend Europe, we are borrowing from Japan in order to keep cheap oil flowing to Japan, and we are borrowing from Arab regimes in order to install democracy in Iraq. Is it really "isolationism" to find something wrong with this picture?

With national bankruptcy looming, politicians from both parties continue to make multi-trillion dollar promises of "free" goods from the government, and hardly a soul wonders if we can still afford to have troops in - this is not a misprint - 130 countries around the world. All of this is going to come to an end sooner or later, because financial reality is going to make itself felt in very uncomfortable ways. But instead of thinking about what this means for how we conduct our foreign and domestic affairs, our chattering classes seem incapable of speaking in anything but the emptiest platitudes, when they can be bothered to address serious issues at all. Fundamental questions like this, and countless others besides, are off the table in our mainstream media, which focuses our attention on trivialities and phony debates as we march toward oblivion.

This is the deadening consensus that crosses party lines, that dominates our major media, and that is strangling the liberty and prosperity that were once the birthright of Americans. Dissenters who tell their fellow citizens what is really going on are subject to smear campaigns that, like clockwork, are aimed at the political heretic. Truth is treason in the empire of lies.

There is an alternative to national bankruptcy, a bigger police state, trillion-dollar wars, and a government that draws ever more parasitically on the productive energies of the American people. It's called freedom. But as we've learned through hard experience, we are not going to hear a word in its favor if our political and media establishments have anything to say about it.

If we want to live in a free society, we need to break free from these artificial limitations on free debate and start asking serious questions once again. I am happy that my campaign for the presidency has finally raised some of them. But this is a long-term project that will persist far into the future. These ideas cannot be allowed to die, buried beneath the mind-numbing chorus of empty slogans and inanities that constitute official political discourse in America.

That is why I wrote this book.   Order Here



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