Government Steals Most Ever, Head Thief Wants More

For the fiscal year beginning Oct. 1 through April 15 (Tax Day) the Federal government set an all-time record for revenue collected. That is government-speak for “stole an unprecedented amount of money from the American people.”

According to the Daily Treasury Statement, the Federal government appropriated a total of $1.428 trillion in the first six months of the year. That exceeds the previous record of $1.349 trillion set in 2008.

That total included withheld income and employment taxes, individual income taxes, railroad retirement taxes, excise taxes corporation income taxes, Federal unemployment taxes, estate and gift taxes, and miscellaneous Internal Revenue Service receipts.

Yet despite that, the government massed a deficit of $413 billion for the year.

That is not enough taxation for Barack Obama.

In his latest budget, according to analysis published by the Congressional Budget Office, Obama’s proposal to Congress would see taxes rise from 17.6 percent of gross domestic product in 2014 to 19.2 percent in 2024. That is an unprecedented level of taxation in U.S. history.

For that 10-year stretch, Federal taxation would average 18.7 percent of GDP. The only time it ever approached that level was from fiscal 1992 through 2001, when Federal taxes averaged 18.3 percent. Even then, taxation exceeded 18.3 percent of GDP for only five straight years (1997-2001).

According to the CBO, despite the increase in taxes, Obama’s budget will never balance. Over 10 years, the Federal government’s “debt” will increase by $7.183 trillion.

There is no appetite in Washington for reining in government. Until the dollar collapses, government will continue to grow and Washington will steal more and more from the producers to give to the non-producers.

Spending for so-called “entitlements” has doubled in the past 20 years. Entitlement spending is now more than 14.5 percent of GDP.

The U.S. government is on pace to take in almost $3 trillion in tax revenue in fiscal 2014. The Federal government has not spent less than $3 trillion since 2005. Was government too small in 2005? I don’t recall it going lacking.

Remember that there is no debt. The Federal government can print all the money it wants, so how can there be debt? And income taxes are not for funding the Federal government.

The idea of Federal debt and of taxes for funding government programs are myths designed to coerce people into happily supporting big government. It’s the greatest fraud ever pulled.

Mumps Vaccine Proven Ineffective

The New Jersey Department of Health has confirmed eight cases of mumps among students at the Stevens Institution of Technology.

All eight students had been vaccinated twice with a mumps vaccine, according to multiple media reports. Attendance at the university requires student have “full vaccinations,” including vaccination for mumps, measles and rubella (MMR).

According to the Centers for Disease Control and Prevention, the mumps vaccine is 95 percent effective at preventing the disease.

This only the most recent in a string of mumps outbreaks among vaccinated individuals. In February, 13 cases were diagnosed at Fordham University. Fordham also requires students be fully immunized.

On April 2, Fox News reported that 116 Ohio State University students or people connected to the school had contracted mumps. Of those infected, only three had been confirmed as not having received the vaccination.

Spokesman Jose Rodriguez of the Columbus, Ohio, Health Department is quoted as saying that 10 percent to 20 percent of the population is vulnerable to the mumps even they have received the MMR vaccine.

Notice how they play fast and loose with the figures. The CDC claims the vaccine is 95 percent effective. Rodriguez says it’s 80 percent to 90 percent effective.

So which is it?

According to a study by the New England Journal of Medicine, it’s likely neither. The Journal did a study on the 2009 New England mumps outbreak and found that 97 percent of those 3,502 children who developed mumps had been vaccinated according to government guidelines, 89 percent of them twice.

This means it’s likely that rather than providing increased protection against the mumps, the vaccine actually lowered the immune system of those who had two vaccines and increased their likelihood of contracting the disease.

Additionally, the MMR vaccine has been linked to autism and gastrointestinal disorders in children.

Government Just A Terrorist Organization

Commenting on Reid: Supporters Of Nevada Rancher Are ‘Domestic Terrorists’,
Libertarian58 says:
April 17, 2014
Has there ever been a more terrorist organization throughout history than GOVERNMENT? The way these criminals work is this: Suppose the government wants to steal your land, what they do is create laws that enable them to do that, since they are legislators and lawyers, they just make up what they want to “legalize” their actions. The Endangered Species Act is exactly this kind of law. By calling whatever creature they want “endangered” they can “legally” take control of your property, even though it’s theft. If the citizens “resist”, then they are called “lawbreakers”. Harry Reid is one of the most corrupt thieves in the country having gotten his start with shady land deals in Nevada. This tactic of creating “useful laws” runs rampant throughout government.

Reply

Standing Up To Government Is Now Domestic Terrorism

The political class is now demonstrating a level of hubris rarely, if ever, seen in the American system.

Within just a few hours, three of the top four most post powerful politicians in the country unabashedly revealed the low opinion they have of liberty and the American people and a willingness to persecute, prosecute and lie to those who advocate and fight for Constitutional government. And by their silence, the rest of the political class nodded their agreement.

First, Senate Majority Leader Harry Reid called Bunkerville, Nev., rancher Cliven Bundy and the hundreds of Americans who rallied to Bundy’s defense domestic terrorists. Then, President Barack Obama brazenly lied to the American people in claiming that 8 million people had signed up for Obamacare and that the program was a success, despite overwhelming evidence to the contrary. And early Friday morning, we learned Speaker of the House John Boehner has proclaimed once again to big money donors and crony capitalists that an immigration bill would be passed this year over the wishes of the majority of Americans.

Within hours of reports circulating in alternative media of Reid’s use of the Bureau of Land Management in his land grab on behalf of a Chinese solar energy firm, BLM pulled its goon squad of armed enforcers out of the area. It also scrambled to delete evidence from its own website that the area the Bundy family has used to graze their cattle is needed for “utility-scale solar power generation facilities on public lands” and that need was hindered by “trespass grazing” cattle.

Reid and his son Rory have worked in lockstep with the BLM and transnational green energy firms to wrestle land and use rights from American ranchers for years. Bundy is the last rancher standing in an area that once saw dozens of them.

What few reports on the standoff between Bundy and BLM that have made it into the mainstream media speciously claim the Bundy ranch is some 200 miles from the proposed site of the ENN Energy Group’s solar farm and panel building plant, and that the ENN project was shelved last year. Even the supposedly reliable “right wing” websites Breitbart.com and Glenn Beck’s The Blaze have carried the Federal government’s water on this dispute. The two-faced Beck — who has called for a pitchfork revolution and sells shirts calling for one — even went so far as to call Bundy supporters “frightening” and compared them with Occupy Wall Street, which was a CIA-funded operation designed to foment unrest in America.

Claims have also been made that the Federal government owns the land in question. But the Constitution specifically describes in Article I, Section 8 what land the Federal government can possess, and there are subsequent Supreme Court decisions that lay out the legal framework. (Hint: It does not include protecting tortoises or building solar plants.)

A BLM document discusses the Dry Lake Solar Energy Zone and specifically mentions the Gold Butte area (which includes Bunkerville) and “cattle trespass grazing” as being part of critical concern to future utility-scale solar energy development. In short, Reid is using the BLM (headed by his lackey and former adviser Neil Kornze) to turn all Nevada “Federal lands” into a green energy zone for his and his son’s personal gain and Bundy’s cattle are hindering this effort. This is proven by information on the BLM website (since removed) that states grazing by Bundy’s cattle “impacts” solar development and the construction of solar development on public lands.

Understand the implications of Reid’s claim that those who bravely stood with Bundy, stared into the barrels of heavily armed oppressors who were threatening to shoot them and faced down the BLM’s armed goons are “domestic terrorists.”

Thanks to the National Defense Authorization Act, the government can simply designate Americans as terrorists and they can then be disappeared into gulags never to be charged, tried or heard from again. Habeas corpus, in the cases deemed “domestic terrorism,” is now nonexistent. Obama has already ordered drone strikes to kill Americans in foreign lands without due process. The step from indiscriminate extrajudicial killings of American “terrorists”  overseas to indiscriminate extrajudicial killings of “domestic terrorists” in America has just been shortened considerably.

This is common knowledge in circles of people who depend upon the alternative media and understand the truth about the Federal police state. Don’t think that Reid is not aware of this. And he understands that those who sided with the Bundys recognize this as well.

Reid is too savvy and too skilled a politician to make a slip of the tongue statement accusing Americans of domestic terrorism.

Obama’s claim that 8 million people have now signed up for Obamacare and the law is working as intended is an incredible stretch even for a man who is such a consummate liar that more than half of Americans know he lies on important issues. The law is working “so well” that even in the face of monetary penalties, tens of millions of people who are eligible to sign up for Obamacare insurance have avoided doing so.

Boehner is said to be “hell-bent” on passing an amnesty bill this year. This has been an important issue for the U.S. Chamber of Commerce for some time and is, therefore, an important issue for the Republican establishment.

Understand that, for the Republican elite, amnesty is not about trying to win over Hispanics in order to bolster chances for carrying national elections. It’s about providing cheap labor for big corporations. The plight of millions of unemployed Americans does not concern the establishment.

I have been writing for many years that the U.S. government is democracy in name only. In truth, it is fascist and ruled by one party with two names under the control of the globalists.

The only goal of the globalists and their psychopathic political class stooges is to loot and pillage. They have done so to the point that America is now a giant rock rolling downhill toward collapse.

As regimes get closer to collapse, they inflict increasingly greater pain and controls on their people. It is now evident in America for those who would see it.

The domestic terrorists in question are not the American people. They are Reid, Obama, Boehner and the rest of the political and bureaucratic class who ignore the rule of law and oppress the American people.

Note from the Editor: Round two of the financial meltdown is predicted to reach global proportions, already adversely affecting Greece, Spain and most of Europe. It appears less severe in the states because our banks are printing useless fiat currency. I’ve arranged for readers to get two free books—Surviving a Global financial Crisis and Currency Collapse, plus How to Survive the Collapse of Civilization—to help you prepare for the worst. Click here for your free copies.

Obamacare Is A Success

There are only so many ways to call President Barack Obama a liar (and Nancy Pelosi and Harry Reid and all the other Obamacare apologists) and describe the evil nature of his signature wealth redistribution and deathcare scheme: Obamacare. The English language, or at least my grasp of it, is wholly inadequate for the task.

It’s become so bad that writing just this short piece on more Obamacare lies was an arduous task that took far longer than it should. Every lede I began sounded trite and clichéd because every one has been written before.

Gullible Democrats and Obamaphiles bought the lie — and in many cases continue to buy the lie — that Obamacare was about insuring the uninsured. If you still ride that bandwagon and what I’m about to tell you doesn’t knock you off it, there is little hope anything will.

According to numbers touted by Obamcare advocates in the run-up to the law’s unConstitutional passage in early 2010 (laws raising revenue must originate in the House and Obamcare — which is a tax, according to the Supreme Court — originated in the Senate), somewhere between 32 million to 47 million Americans were uninsured. That’s not to say they were uninsurable. They were just uninsured.

Whichever number you settled on, that number, of course, was completely contrived. It was a combination of people who were self-insured, those who chose not to buy insurance, those temporarily between jobs, illegal aliens and a group of about 10 million who were truly unable to purchase healthcare insurance because of pre-existing conditions.

Now Obama is touting his 7.1 million Obamacare enrollees as a success.

Let’s look at the real numbers. According to estimates by the RAND Corporation, two-thirds of those Obama claims signed up by the deadline were previously insured. That means only 2 million to 2.4 million were previously uninsured.

Also, those who missed the March 31 enrollment deadline (for whatever reason) are now unable to sign up for insurance until Nov. 15 unless they have a qualifying “life event.” A qualifying event includes a marriage, divorce, the birth of a child, a move to another State, lose a job, age out of their parents’ policy, etc. Without a qualifying event, they will remain uninsured.

According to insurance companies, somewhere between 10 percent and 20 percent of those who did sign up through Healthcare.gov and other exchanges have not paid their first premium. The law requires anyone who has not paid after three months to be kicked off the rolls. Once they are kicked off the rolls for nonpayment, they won’t be eligible for insurance without a qualifying event. They will remain uninsured.

If 10 percent of those previously uninsured who have signed up for health insurance are kicked off the rolls, then only 1.8 million people who were previously uninsured can credit Obamacare  for their insurance. That’s only 5.6 percent.

Obama has a pretty low bar by which he measures success.

And here are some more numbers to consider:

  • 4.5 million policies were canceled because they didn’t meet Obamacare standards. It didn’t matter whether the holders of those policies were satisfied or not.
  • 16 million more policies are expected to be canceled at the next renewal because they won’t comply with Obamacare standards. It doesn’t matter whether the policyholders are satisfied or not. That means that by this fall, Obamacare will have caused more than twice as many to lose health insurance than have gotten insurance under the law.
  • Obamacare has resulted in $70 billion a year in lost wages and about 3 million workers losing their jobs.
  • Deductibles are ranging between $5,000 and $10,000 on Obamacare plans.
  • Millenials are seeing premium increases of 200 percent to 600 percent.
  • In New York, 44 percent of doctors have refused to participate in the exchanges.
  • Getting a small raise in salary can cost thousands of dollars in “subsidies.”
  • It’s added and adding information into the dossier the government has on all Americans.

But don’t say Obamacare is a failure. It’s accomplishing exactly what its statist crafters envisioned. It’s locking people into a socialistic redistributionist deathcare system controlled by a few elites.


Note from the Editor: As you’ve just read, the Obamacare abomination doesn’t bode well for anyone. But if you know how to navigate the system you can still control your own healthcare—as every American should! My trusted friend and medical insider, Dr. Michael Cutler, and I have written a concise guide to help you do just that. I urge you… Click here for your free copy.

The Bay Of Pigs Disaster

On April 17, 1961, about 1,400 Cuban exiles, armed, trained and financed by the CIA and with the blessings of President John F. Kennedy, landed in Cuba at the Bay of Pigs. Their goal was to rally Cuban citizenry to rise up and overthrow Fidel Castro.

The mission was ill-conceived, the planning was bad, the execution was worse and the results were disastrous.

The landing force was immediately met with Cuban resistance. More than 100 of the invaders were killed, and another 1,200 were captured.

The official story is that the operation to use Cuban exiles was ordered by Dwight D. Eisenhower. Kennedy inherited it and went along after getting mixed signals on the operation’s chances, even though many of his military advisers told him it stood little chance of success without American air cover. Kennedy informed the exiles ahead of time there would be no American military assistance.

Documents that have come to light since — documents that Kennedy supposedly never saw — indicate the CIA knew the mission would fail without U.S. support, but the agency expected Kennedy to cave once the operation was underway.

Other documents unearthed after Peter Kornbluh of George Washington University’s National Security Archive filed a Freedom of Information Act lawsuit in 2011 showed that Kennedy did indeed relent to the exiles’ appeal for air power support. In fact, four Alabama Air National Guard pilots died providing support. The document reveals the pilots were instructed by the CIA and White House to claim to be mercenaries if they were captured. The Pentagon took 15 years after the incident to recognize what the men did and hold a medal ceremony, which was kept secret to all but their families.

Kennedy later blamed himself for being naïve enough to believe the CIA and military chiefs who told him the mission could succeed.

And rather than weaken Castro’s strengthening grip on Cuba, the Bay of Pigs disaster solidified his standing throughout Latin America. The U.S. was pilloried in the region for its interference and imperialism. Kennedy was seen as weak and indecisive, which possibly set the stage for the Cuban Missile Crisis the next year.

Noncompliance Is An Effective Strategy

It’s not just Connecticut gun owners who are refusing to comply with unConstitutional laws requiring them to register their guns. New York residents are also refusing to comply.

In the days leading up to yesterday’s deadline to register so-called “assault weapons” as defined under the New York SAFE Act, reports were leaking that only 3,000 to 5,000 firearms had been registered. That’s far short of the approximately 1 million weapons affected by the law.

Failure to register is a misdemeanor under the law. But it appears that as many as 98 percent of New York gun owners have decided to risk charges rather than register their guns.

It’s important to note that few police departments have embraced the law. As New York Assemblyman Bill Nojay pointed out in January: “The rank and file troopers don’t want anything to do with it. I don’t know of a single sheriff upstate who is going to enforce it. If you don’t have the troopers and you don’t have the sheriffs, who have you got? You’ve got Andrew Cuomo pounding on the table in Albany.”

Americans have the ability to nullify unConstitutional laws through noncompliance and with the help of law enforcement who stand true to their oath to defend the Constitution. The Bundy ranch protest and both the Connecticut and New York gun registration protests show how resistance to unConstitional laws can rein in overbearing government.

But remember that neither the New York nor Connecticut gun grabs nor the Bundy cattle confiscation situations are over as long as statists like Mario Cuomo and Harry Reid are in power and they have enforcers willing to trample on the rights of their fellow citizens in the name of “just doing their job.” Some eggs may yet be broken.

Police Union Head Wants Citizens To Stop Filming Police

While the police don’t like it and officers across the country repeatedly intimidate and even arrest those who do it, courts have ruled that citizens can indeed record police activities. Now Dallas Police Association President Ron Pinkston is asking the public to put away their recording devices for their own safety.

Pinkston told CBS DFW that it’s a safety issue. He made the recommendation after a woman from the police accountability organization Cop Block was spotted following a Dallas officer around recording his activities.

“It’s creating a major officer safety issue,” Pinkston said. “We don’t know who it is pulling behind us. We don’t know they’re there to videotape, they might be part of… if that guy has has just done a kidnapping they could be part of the kidnapping. You don’t know.”

Who knew kidnapping was rampant in Dallas? And who knew kidnappers recorded their kidnappings?

I suspect the real reason Pinkston and other cops are more concerned that videos like this will get out:

Many of those who regularly record police activities think so as well.

And if a police officer is unable to distinguish between a recording device and a weapon, perhaps that police officer needs to find another line of work.

The Power Of Resistance And Alternative Media

Rancher Cliven Bundy, with the support of hundreds of U.S. patriots, seems to have won the latest skirmish with the Federal government.

As we told you Friday, Bundy has been embroiled in a squabble with the U.S. Bureau of Land Management over his cattle and their ability to graze on Nevada land Bundy’s family has used for more than 100 years. Last week, BLM agents began rounding up Bundy’s cattle with plans to sell them at auction.

On Saturday, confronted by Bundy, his family, friends and members of Oath Keepers, various militia groups and other organizations, BLM backed down and backed out. The agency released Bundy’s rustled cattle and pulled its resources — which included snipers poised around the protest location — from the area.

News reports indicated some deal had been brokered by Clark County Sheriff Douglas Gillespie. But the Las Vegas Review-Journal reported Sunday that the BLM claims there is no deal:

BLM spokesman Craig Leff told the Associated Press the agency would continue to try to resolve the matter involving rancher Cliven Bundy and the $1 million in owed grazing fees “administratively and judicially.”

“The door isn’t closed. We’ll figure out how to move forward with this,” he said, adding that the BLM did not participate in the negotiation moderated by Clark County Sheriff Doug Gillespie that deescalated tensions on Saturday.

“The BLM and National Park Service did not cut any deal and negotiate anything,” Leff said. “There was no deal we made.”

Bundy supporters are not quite declaring victory yet either.

However, it is clear that a combination of resistance by the American people and news reports revealing Senator Harry Reid’s involvement in a deal with a Chinese energy company put the Federal government on its heels.

Late Friday, alternative media began reporting on Reid’s ties to the Chinese company ENN Energy Group, which wanted the land to build a $5 billion solar farm and panel-building plant. Reid’s son Rory, a former Clark County commissioner, was also involved with the deal. And former Harry Reid adviser Neil Kornze is BLM chief.

Without the presence of the hundreds of volunteers and reporting by the alternative media, Bundy today would be without his cattle and he and his family would likely have suffered a fate similar to that of the Randy Weaver family or the Branch Davidians.

The big question now is: Was this a victory for Bundy and the American people over an overreaching Federal government, or was the BLM retreat just a strategic de-escalation?

How To Avoid Bacteria At The Gym

Exercising at a gym or community center can be a great way to get in shape, alleviate stress and boost your energy. But be sure that the equipment is clean and sanitized, or you could walk away with a nasty bacterial infection.

In fact, some researchers have discovered antibiotic-resistant staphylococcus on yoga mats and cardio and resistance machines. Plus, bacteria can often lurk on hand weights and sweaty towels. To protect yourself from the risk of contracting this infection, follow these precautions from Elizabeth Scott, Ph.D.:

  • Bring your own mats and bath towels to the gym for yoga classes or stretching.
  • If you don’t have your own mat, bring antibacterial wipes to help disinfect them, or cover them with your towel from home.
  • Also use the wipes to clean off weights and padded seats and handle bars on workout machines.
  • Shower thoroughly after working out to remove traces of bacteria. Using soap and warm water can help cut down on your risk.

What About The Fair Tax?

Mr. Bob Livingston:

This is a great letter. There is one point I would suggest changing. In my mind I think that a FAIR TAX (Consumption Tax) would be better than the flat tax. A Fair Tax would eliminate the IRS as we know it. It would be a consumption tax on most items, paid when purchasing an Item.

On another note we need to limit the Senate to one (1) term and House to (2) terms and when they pass a law it effects them the same as the public they are representing.

Thank You,

Larry F.

Dear Larry,

Thank you so much. Our primary problem is too much unConstitutional government. Before we consider taxes, we must understand that first and foremost. Switching to a fair tax or flat tax or any other tax system will only perpetuate big government because it gives support to the lie that taxes confiscated from Americans are necessary to fund government. That is not the case. Ask yourself this question: If you could print all the money you wanted, would you have to earn money to support yourself or would you have any debt? The answer is no! And neither does government.

Regarding term limits and requiring Congress to live under the laws they pass, we are in agreement.

Best wishes,

Bob

Editor’s note: Larry is a subscriber to The Bob Livingston Letter™. If you’d like to subscribe and get articles you don’t see at Personal Liberty, go to www.boblivingstonletter.com.

Why Your Savings And Retirement Will Soon Be Gone

What’s left of the U.S. middle class is under economic assault like no time in American history.

Federal Reserve money printing is finally catching up to us. One hundred years of money printing is coming to a head. We are seeing the beginning phases of hyperinflation.

Never mind the Bureau of Labor Statistics’ phony inflationary measurement, where the consumer price index basket of goods is changed monthly to remove price-rising goods. Food prices are up 19 percent just since January. On an annualized basis, that is 76 percent. Rising food prices and rising gas prices are where the middle class see and feel inflation.

Remember that inflation is not rising prices. Rising prices are a symptom of inflation, which is an increase in the money supply through money creation or debt.

Printing money is a crime if you do it. But if the powerful government monopoly does it, it’s called “monetization.” Government is now desperately inflating because the more inflation, the more wealth is stolen.

Here are some truths:

  • Governments steal as much as they can without collapsing the system (they hope).
  • The more money they create for nothing, the richer and more powerful they get.
  • The bigger the government gets and the more reckless it gets, the more it must suppress its people, because many begin to wake up.
  • The bigger government crime, the greater the propaganda and deception.
  • Fact: Every dollar the government creates means that a dollar is stolen from the people. Paper money confiscates wealth.

The act of money creation means that more and more of the national wealth flows to the Federal government. How in the name of Pete do people think that the U.S. government became so powerful and so wealthy in property?

The government produces nothing. It has to steal, and it does so on an unimaginable scale. The mind of man cannot deal with such a massive transfer of wealth, and few people even suspect it. Why do people not know about the biggest fraud in history?

In addition to $75 billion a month of quantitative easing, the Federal government is running multi-hundred-billion-dollar deficits. The U.S. now has at least $126 trillion in outstanding obligations (i.e., money it has stolen from the American people).

So what’s a government to do? Steal even more from the people.

The Federal government is eyeing the remaining savings and retirement accounts of the American people. This has been going on for years. In fact, individual retirement accounts were set up to fool Americans into investing in the stock market to prop it up, help consolidate retirement accounts and transfer it to the bankster mob. Think your money in IRAs, 401(k)s and pension funds belong to you? Ha! Try to take out your money and see what hoops you have to jump through and what penalties you have to pay.

There is now more than $21 trillion in U.S IRAs, 401(k)s and pension plans. That $21 trillion would more than offset the mythical $17.5 trillion U.S. “debt.” For more on the U.S. debt, read The ‘National Debt’ Is Smoke And Mirrors.

Last year, the U.S. Consumer Protection Bureau, established by the 2010 Dodd-Frank Act, stated that it believes Americans are too stupid to prepare on their own for retirement and that it has proposed “managing” people’s retirement funds. What that means is another unConstitutional government agency will take your money and swap it for government funny money.

President Barack Obama’s MyRA “savings plan” is yet another scam to try and prop up the failing system. Announced at this year’s State of the Union address, Obama tried to huckster this boondoggle as a great way to “invest” in safe government securities and a starter savings account.

The term “government securities” is nothing more than typical government double-speak and an oxymoron. When the government goes bankrupt — and it will — those Treasuries will be worthless. And now the government is encouraging you to buy them.

MyRAs will earn the same interest as the Thrift Savings Plan (TSP) Government Securities Investment Fund that is available to Federal employees. The TSP’s own paperwork says this about its interest rate: “The G Fund is subject to inflation risk, or the possibility that your G Fund investment will not grow enough to offset the reduction in purchasing power that results from inflation.”

If you want to “invest” in the U.S. government (not something I would recommend), there is currently a provision to do so. The MyRA plan mimics it. Just open an account with Treasury to buy U.S. savings bonds. The difference is that MyRA will be run by a crony Wall Street firm.

All your savings will be visible to government and available for confiscation — the same government that is already eyeing your pension funds, individual retirement accounts and 401(k) plans, as I mentioned. Don’t think this will happen? Governments across the globe have already done so, and the U.S. government is on board in supporting what it is speciously calling “bail-ins” as occurred in Cyprus.

Under the scheme, when banks get in trouble or government needs more money, it swaps your bank savings for bank stock. You are in essence “buying” into the bank.

And if this news isn’t bad enough, take these two factors into consideration. Last fall, the International Monetary Fund issued a report recommending a series of escalating income and consumption tax increases, culminating in the direct confiscation of assets. Then last week, Russia floated a balloon through its Voice of Russia propaganda arm that it intends to attack the petrodollar in retaliation for America’s meddling in Ukraine.

First, from the IMF, according to page 49 of its report:

The sharp deterioration of the public finances in many countries has revived interest in a “capital levy”— a one-off tax on private wealth—as an exceptional measure to restore debt sustainability. The appeal is that such a tax, if it is implemented before avoidance is possible and there is a belief that it will never be repeated, does not distort behavior (and may be seen by some as fair). … The conditions for success are strong, but also need to be weighed against the risks of the alternatives, which include repudiating public debt or inflating it away…

The tax rates needed to bring down public debt to precrisis levels, moreover, are sizable: reducing debt ratios to end-2007 levels would require (for a sample of 15 euro area countries) a tax rate of about 10 percent on households with positive net wealth.

Regarding Russia and the petrodollar, this is not the first time another nation has threatened to trade oil outside the dollar. Such a move would be disastrous for the American economy and likely crash it.

Because of an agreement between the U.S. and Saudi Arabia, in order to trade in oil, countries must first transfer their money into U.S. dollars. This happens no matter who is buying the oil or who they’re buying it from. The oil-buying country gives the oil-selling country U.S. dollars and receives oil in exchange.

The oil-selling country then has to sell those dollars to convert it back to its own currency. If Russia, China and a few other countries begin trading oil in some other currency, about 3 trillion U.S. dollars will suddenly flood the market. This will send hyperinflation into the stratosphere.

I have long sounded a warning to get your retirement funds out of the system and remove your money from banks (beyond what is necessary to pay bills) in order to protect yourself. I did so long ago. I gladly took the penalty and have long since recovered what was taken.

I also recommend you buy gold and silver and keep it in your possession, not in the bank or in a safe deposit box.

Note from the Editor: America is on the brink of the biggest money grab in history! With $19.4 trillion in cumulative personal savings, Washington politicians think your hard-earned private retirement account is the answer to fixing the economy. They’re calling it a “Bail-in,” and it’s already spreading like wildfire. Click here to claim an urgent FREE report that shows you how to tell scheming politicians, “HANDS OFF MY MONEY!”

Federal Cattle Rustlers At Work In Nevada

You want to see what tyranny looks like? Look into the faces of these two Bureau of Land Management goons. It’s a shot taken from the video below.

In Clark County, Nev., rancher Cliven Bundy has refused to comply with orders from Federal judges to remove his cattle from land the BLM claims is Federal land and habitat for an endangered tortoise — a tortoise the Federal government has routinely killed. It’s land the Bundy family has grazed cattle on since the 1800s — land Bundy believes belongs to the State of Nevada, not the Feds. It’s land Bundy claims he has ancestral grazing rights for, which, if so, cannot be undone simply by an order from a Federal judge.

“My forefathers have been up and down the Virgin Valley ever since 1877. All these rights I claim have been created through pre-emptive rights and beneficial use of the forage and water. I have been here longer. My rights are before the BLM even existed,” Bundy said.

BLM agents began removing Bundy’s cattle, calling them trespass cattle, with plans to sell them at auction — in Utah. It’s an action that will crush Bundy financially.

First Amendment Area sign

In response to protests by the Bundys and some supporters, BLM established so-called “First Amendment Area.” Protesters are confined to these areas by armed BLM agents. In other words, Americans are being restricted from “public” lands.

BLM snipers and armed agents — as many as 200 of them — have surrounded the disputed property and the Bundy ranch. They’ve arrested, tasered, threatened, pushed to the ground and intimidated Bundy family members and their supporters.

Local news organization KSL.com reports:

The situation escalated Saturday after Cliven Bundy’s son, Dave Bundy, 37, was arrested. Members of the Bundy family had gathered to film and take pictures of the removal of their cattle in an effort to document the event, according to Cliven Bundy’s daughter, Bailey Bundy Logue.

The family members had parked on the side of Nevada state Route 170, but the highway was included in the temporary closure of public lands, according to BLM representative Kirsten Cannon. Dave Bundy was arrested and cited with a criminal charge of refusing to disperse and resisting officers. Cannon said all public lands are closed within the designated closure area during the removal of the trespassing cattle.

Logue said Dave Bundy was taking pictures and recording on his iPad when he was asked by Federal employees what he was doing. Logue said that Dave Bundy told the BLM workers that he was “exercising (his) First Amendment rights.”

“He did not resist arrest, but they continued to beat him,” Logue told KSL. “They put him on the ground and were standing on his head and had a dozen officers on top of him and dogs.”

On Wednesday, the escalation continued. When BLM agents brought in a dump truck and backhoe, the Bundys believed that meant BLM was killing and burying the cattle. They tried to stop the truck and a standoff ensued (the standoff is seen in the video).

Support for Bundy is growing. Some Nevada lawmakers are pushing back and joining the protest. Governor Brian Sandoval calls the atmosphere one of “intimidation.” Senator Dean Heller (R-Nev.) says he told BLM chief Neil Kornze in Washington, D.C., that law-abiding Nevadans shouldn’t be penalized by an “overreaching” agency. If one wonders why Senator Harry Reid (D-Nev.) has not joined Heller in criticizing the BLM, look to Kornze. Kornze was previously Reid’s senior adviser.

Oath Keepers has issued a call to action to its members through its Facebook page asking for volunteers to stand vigil and support the Bundys. Constitution-minded Sheriff Richard Mack of the Constitutional Sheriffs and Peace Officers Association called out cowardly Clark County Sheriff Douglas Gillespie and is reported to be assembling a coalition of sheriffs to support the Bundys.

With all the armor the Feds are bringing to bear, there are fears this could continue escalating and turn into a Branch Davidian-style assault. You may recall that Federal agents incinerated dozens of people, including children, while trying to arrest David Koresh in his compound in Waco, Texas.

The Bundys and their supporters should stand strong. The BLM should back down, as its agents ultimately did in the video.

The 5th Amendment to Constitution requires Bundy be compensated for any property taken from him and restricts takings to public use. The Feds claim Bundy owes $1 million in grazing fees. Bundy says he’ll pay them to Clark County, but not the Feds.

It’s estimated the government will spend $3 million on this illegal operation to recoup $1 million it claims as owed. That is government-speak for good business. In America, it equals tyranny.

Those tyrants that sit in their comfy offices wearing robes of power are despicable enough. Worse still are the enforcers who routinely violate the Constitution while looking into the faces of those they oppress under the guise of “following orders.”

And as an aside, I remind that in the old days cattle rustlers were hanged.

Update: The Las Vegas Review-Journal reports the so-called “First Amendment Area” was removed on Thursday.

 

Another Conservative Rebellion Brewing In The House

House Weeper John Boehner may soon have something real to cry about. A group of 40 to 50 conservative House members are committed to throwing him out of his Speaker’s Chair come November.

The National Journal reported yesterday that House conservatives are considering several plans to oust the tanned one and other statist Republicans in leadership.

Conservatives are seething over Boehner’s surrender to Obama last fall in the budget showdown, his dissing of the Tea Party and his repeated efforts to bow to the U.S. Chamber of Commerce’s demands to pass an amnesty bill. But what’s really got House conservatives in a lather is Majority Leader Eric Cantor’s betrayal in pushing through a “doc fix” bill with a voice vote after he determined it would fail if votes were actually tallied. Cantor, who some believe is first in line to be speaker if Boehner gets the boot, pulled this stunt while Boehner was out of town in March.

The stunt was so infuriating to conservative lawmakers that one Cantor supporter said: “If there’s another vote like [that], Eric won’t be speaker. Ever.”

After the gavel was sounded on the vote, Representative Mick Mulvaney of South Caroline yelled “Bullshit!” outside the House chamber.

“I’m getting used to being deceived by the Obama administration, but when my own leadership does it, it’s just not acceptable,” Representative Matt Salmon of Arizona said last week, after Cantor met with a group of angry Republican Study Committee members.

The House Liberty Caucus, led by Representative Justin Amash, is said to be the nucleus of the rebellion. Amash, along with Representatives Raul Labrador of Idaho and Thomas Massie of Kentucky, was among 12 Republicans who did not vote for Boehner last time. Boehner responded by stripping them of their committee assignments.

If the GOP is to move right at all, Boehner and Cantor and their establishment Republican allies have to be shoved aside.

The Tax Freedom Day Myth

According to the Tax Foundation, April 21 is “Tax Freedom Day.” Ostensibly, this is the day the average American has earned enough to satisfy his “tax burden,” and for the rest of the year he is working for himself rather than government.

The truth is there is no tax freedom day. That’s because there is a hidden tax called inflation that saps your wealth on a daily basis.

Look at the dollars in your pocket. They are nowhere near the value of the dollars that you had as a child or that you may have stored under your mattress. Most people think that a dollar is a dollar. Not so. Today’s dollars (nominal dollars) are quicksand money that destroys financially all who trust it.

We have had fiat paper money since 1913, and most of that time it was being debased (inflated). Now it’s at more than a 96 percent loss. A 1913 dollar is now worth less than 4 cents. What cost $1 in 1913 now costs almost $24. According to Shadowstats.com, the true measure is it now costs $101.09 to buy what $1 bought in 1913. How did this happen?

It happened through inflation — which is not rising prices, as most have been lead to believe. Inflation is an increase in the supply of money, i.e., money printing by the Federal Reserve. The increase in the amount of money in circulation causes prices to rise as more money chases fewer goods. (For a more detailed explanation of inflation, see Educating The 95 Percent.

We are only as rich or as poor as the purchasing power of our money. Have you ever wondered why banks and politicians love paper money? Because they profit from it!

Nominal dollars are the everyday paper dollars that we think of and call money. These dollars change every day (depreciate). The value of these dollars goes down constantly as the money printers continue to debase our currency.

Now, the point is that Americans don’t know the difference. They don’t know that depreciating or nominal dollars by debasement is destroying their savings, their retirement and systematically impoverishing them. If this is not all-important, I don’t know what is!

Nominal dollars, or depreciating currency, is destroying America. America is a giant Ponzi scheme no different from the one pulled off by Bernie Madoff.

Sadly, most Americans also don’t know that Federal income taxes are not necessary to fund the government. I explained that in my column Income Tax 101: Do You Really Know What It Is?.

Because of the Federal Reserve — which is neither Federal nor does it hold any “reserves” — there is no freedom from taxation. There is no such thing as “Tax Freedom Day” in America.

Conceal Carry Reduces Murder Rates

A new study published in the journal Applied Economics Letter reports that States with “shall issue” concealed carry laws have lower rates of homicides with firearms than States with strict concealed carry laws. Study author and economist Mark Gius also determined that bans on so-called “assault weapons have no statistically significant effect on the rates of homicides involving guns.”

Yet, despite this evidence and despite empirical evidence out of Washington, D.C., Chicago and Massachusetts, which all saw their homicide rates rise after strict gun control laws were passed or gun bans were implemented, the Barack Obama regime continues its assault on the 2nd Amendment.

This week, Obama’s Attorney Criminal Eric Holder posited that gun owners should be required to wear electronic bracelets in order to fire their guns. He made push for mandated “smart gun” technology in a hearing before a U.S. House committee. The Daily Caller reported:

“One of the things we learned when we were trying to pass those common sense reforms last year, Vice President Biden and I had a meeting with a group of technology people and talked about how guns can be made more safe by making them either though fingerprint identification, the gun talks to a bracelet that you might wear, how guns can be used only by the person who is lawfully in possession of the weapon,” said Holder, referring to so-called “smart gun” technology.

“It’s those kinds of things that I think we want to try to explore so that people have the ability to enjoy their Second Amendment rights while at the same time decreasing the misuse of weapons that lead to the kinds of things we see on a daily basis, where people, kids especially, are struck down.”

Such technology would not only increase the cost of each gun sold, it would also allow government to track the whereabouts of gun owners carrying gun with the technology.

The Obama regime daily exhibits a gross disregard for American freedoms guaranteed under the U.S. Constitution.

H/T: Powerlineblog.com