Tag Archives: United States Congress

Data-gate Shows We’re On the Cusp by Justin Raimondo — Antiwar.com

… Between liberty and tyranny

by , August 14, 2013
It’s a small detail, in the general scheme of things, but one indicative of a troubling recent trend: when Congress voted on reauthorization of the Patriot Act, in 2011, the administration sent summaries [.pdf] to the House intelligence committee describing – without going into too much detail – the data dragnet conducted by the NSA under section 215. “We believe that making this document available to all members of Congress, as we did with a similar document in December 2009, is an effective way to inform the legislative debate about the reauthorization of Section 215,” read the cover letter accompanying the documents. Apparently Rep. Mike Rogers, the neocon tool who heads up the committee, didn’t agree: the summaries were never seen outside the committee.
Read More:


Hush-Hush Congressional Research Report: The Myth of Social Mobility … Not

Original article: http://www.thedailybell.com/3713/Hush-Hush-Congressional-Research-Report-The-Myth-of-Social-Mobility

Monday, March 19, 2012 – by Staff Report
Income inequality in the United States is more pronounced than in other developed countries, a new report from the Congressional Research Service finds, while the possibility of economic mobility is more constrained than commonly believed. “Based on the limited data that are comparable across nations, the U.S. income distribution appears to be among the most uneven of all major industrialized countries and the United States appears to be among the nations experiencing the greatest increases in measures of inequality.” – FAS Secrecy News Blog

Dominant Social Theme: In America, anyone can get rich.

Free-Market Analysis: Here’s a big myth: US social mobility is fungible and anyone can grow rich. Now a report from the Congressional Research Service has found that income inequality in the US is extreme and growing worse. Also, that where you’re born, socially speaking, is where you stay.Did you read about these findings? Didn’t think so. For one reason or another, Congress doesn’t seem inclined to make a big fuss over this information. Wonder why.Actually not. We think we know why. Congress’s approval ratings are stuck near the SINGLE DIGITS and have stayed there for years. This is because most people in the US likely see Congress as an instrument of repression and the increasingly savage status quo.There is a lot of truth to this assumption. Who at this point would want to work in Congress but a sociopath or psychopath? And there is plenty of evidence that the US Congress includes both.• In Afghanistan and Iraq, the US has been using depleted uranium weapons regularly for nearly a decade. The poisoning of these poor people has been so intense that many die of obscure cancers and mothers are routinely told not to have babies. Neither of these wars has been successful, and the depleted uranium poisoning has injured hundreds of thousands of returning US vets as well.• In the US, one third of citizens now have some exposure to the criminal justice system by the time they are in their early 20s. The US system of jurisprudence has resulted in some six million behind bars at any one time, more than half the world’s population of incarcerated individuals. The costs in damaged lives and families in tremendous. Routinely, as well, innocent people are put to death, victims of Draconian US “justice.”• The US population on food stamps has exploded, with some 50 million using food stamps now. And ALL US citizens eventually come to use some form of government assistance, especially if one includes Social Security. Medicare is another ubiquitous and badly run program encouraging citizen dependence on the government.• The Federal Reserve system, authorized and overseen by Congress, is responsible for the degradation of the US dollar by some 95-99 percent. The entire dollar reserve system is now on the verge of unraveling as the “depression” of the 2000s winds on with no real signs of abating.• The income tax system, and taxes generally, remove up to 50 percent or more of a person’s disposable income when one actually peers behind the various charges that are leveled on producers and consumers. Products are taxed all the way through the supply chain, so that the end price may reflect dozens of tax charges.This is but a tiny sampling of the kinds of results that Congress has been partially responsible for. The executive wing, of course, is equally culpable, as is the US Supreme Court. Those born in the US are subject to millions of regulations and thousands of taxes that they had no say in creating. They are saddled, as well, with the US’s “national debt.”The US has likely reached a point of no return when it comes to its regulatory, tax and monetary structure. The regulatory structure especially tends to freeze people into place from an economic and social mobility standpoint.This is, of course, exactly what the larger power elite wants. The apparent handful of dynastic families that control central banking around the world use regulation, taxes and fiat-money inflation as a way of ensuring that the billions beneath them have little hope of advancement.Yes, a tiny group of people seeks to implement world government apparently and uses various methodologies of control to shove the world and its billions in this direction. This is why societies around the world, including Western societies, are increasingly dysfunctional.This is a change from several hundred years ago when the US itself emerged as the hope of the world for social mobility. This is also why the US has been under tremendous attack from the elites for nearly its entire existence.The US “exception” shows us how a somewhat “free” society can actually work. Free banking, an economy based in part on gold and silver and a lack of formal regulation all catapulted the US into the topmost tier of the world’s wealthiest countries.But by the 20th century, the elites unceasing attacks on the libertarian positioning of the US had taken their toll. The proximate cause was the Civil War, which put the New York Banks (the European axis) in charge of the federation. From there it was just a matter of time.In the 20th century, the authoritarians struck. The silver standard, removed in the 19th century, was suddenly buttressed by the graduated income tax and the Federal Reserve. Two world wars effectively militarized the entire US, gave rise to an empire and a shadow world government managed out of the City of London with branches in Washington DC, Tel Aviv and elsewhere.The empire that the US has become is commonly seen by the bought-and-paid-for media as the apogee of sociopolitical and cultural achievement. But as we have pointed out, empire is nothing more than the last exhalation of a dying and corrupt culture.It is the time PRECEDING empire during which cultures achieve greatness, when people have social mobility and control over their own lives, inspirations and inventions. Empire is inevitably a military excrescence that takes each positive enumeration of civil society and weaponizes it.Pre-empire cultures are great places to live. But cultures that celebrate empire are miserable ones, full of hate, fear, paranoia and socio-economic and political control.The US, now in the empire phase, is failing fast. US citizens can only look back to the pre-Civil War period for a glimpse of the freedom that created a great country that spanned the world with its agricultural, cultural and mechanical gifts. The phrase “Yankee ingenuity” became a cliché for a reason.Above all, the US, “free banking” economic system based on gold and silver was the envy of the world. Though the power elite owned both gold and silver, it is evident and obvious that the elites could NOT control the US economy no matter how much gold and silver they owned.In fact, this directly rebuts Greenbackers’ contention that those who own the gold and silver will control the world even within a free-market economy. In the US, they didn’t and could not. This helps bear out the truth of Austrian economiststhat it is impossible to sustain unwanted monopolies in free market societies.They needed to use force, as they always do, to control society. First they fought the Civil War to destroy private banking and private money and to build up Wall Street and the power of the New York banks. After this in rapid succession came the graduated income tax, the Federal Reserve and various world wars.And now social mobility is all-but-frozen in the US. The power elite has been immeasurably aided in their quest to subvert the freedoms in the US by the various myths that still exist in the country regarding the way it used to operate. The article, excerpted above, makes this point as well:“Americans may be less concerned about inequality in the distribution of income at any given point in time partly because of a belief that everyone has an equal opportunity to move up the income ladder. A review of the literature suggests that Americans’ perceptions about their likelihood of changing position in the income distribution may be exaggerated,” the CRS report said.“It … appears that going from rags to riches is relatively rare; that is, where one starts in the income distribution greatly influences where one ends up.” See The U.S. Income Distribution and Mobility: Trends and International Comparisons, March 7, 2012.We have long been aware of the increasing inequities in US society and the “welfarization” of the economy that has accompanied its authoritarianism militarization and regulatory and penal deconstruction. But eventually, the new realities probably will begin to wake up more people in the US.When they do, we expect there may be considerable social trouble. People currently still anticipate the current “recession” will end. They cannot be blamed, struggling as they are, for not understanding that the power elite has apparently turned a fundamental page.The elites now seek frank world government from what we can tell and are promoting economic disaster, regional and world wars and increased authoritarianism around the world in order to realize their goals. Out of chaos … order.The problem, as we long have pointed out, is that what we call the Internet Reformation is increasingly educating and radicalizing much of the ‘Net intelligentsia. This is a critical breech in the elite’s plans.

Conclusion: The successful conclusion of the elite’s plans is by no means certain, even though they try to make it appear so. They have certainly managed to deconstruct US exceptionalism and make the lives of many a living hell. But even this can be reversed over time and we don’t count out the possibility that it shall be.


US Government Circumvented

HebrewNation news alert
brought to you from Hebrew Nation Radio and
Walking in Torah Ministries  
August 3, 2011
3rd of Av, 5771
2nd day, 5th month, 6011


Greetings to the Hebrew Nation community! This is a BREAKING story that could not wait until the weekend. As many of you have heard from the mainstream media sources, a compromise was reached and debt package has passed the House, the Senate, and has been signed by Obama. However, that is not the real story. The debate and debacle over our nation’s debt woes was a “smoke and mirrors” distraction and diversion from what the REAL story is in all of this. The debt problem did not really get solved; it just got pushed off to a future day; there WILL be a future day of reckoning.


I am reminded of the scene from “The Wizard of Oz” when Dorothy and her comrades are quaking in fear from the “Great and Terrible” Oz projected on the big screen.  Our Oz today is the “drama” screencasted by media of the great debt debate that accomplished nothing at all.
Later, when Toto goes behind the curtain, we see the real wizard at work; he says “Don’t pay any attention to that man behind the curtain.”
wizard of oz_1


There are those in high places of power, who are in the process of DISMANTLING and DESTROYING the Republic, who do not want us to “look at that man behind the curtain”. This is why they gave us the debt debate as a “show” to watch to distract us from the REAL STORY.
Wizard of oz_2


The REAL story is the establishment of the “Council of 13” (or Super Congress) as a part of the debt package. The Council of 13, composed of 6 Democrats, 6 Republicans, and Obama, is HIGHLY SIGNIFICANT. Any vestige of a representative government is now gone, supplanted by this panel of 13.
This provision cedes power to the “Council of 13”: only THEY will be allowed to draft new legislation. This legislation will be fast tracked and will only require a simple majority “rubber stamp” vote from Congress. Congress will not be allowed to amend, revise or filibuster to block a bad bill.
This is, in essence, the TRANSFER OF POWER from our legislative branch of government to an ELITE COUNCIL.  Please take time to become informed on what has just transpired in Washington DC.


Then, please take time to pray for our elected officials and government. Truly we are seeing the light of liberty growing very dim in these times. May our prayers touch the heart of Yahweh as we lift up our nation. May He show us what we might do in light of what has happened.

Blessings and shalom,


Laura Densmore


P.S. I also ask that you help GET THE WORD OUT. You will not find these stories in the mainstream media.  Please make this email VIRAL and forward it on! People need to understand what has happened, and then seek Yahweh’s face for HIS wisdom in what to do!



“Super Congress” Has Been Handed Over Sweeping Legislative Powers


WASHINGTON — Congressional leaders and President Obama on Sunday night announced they’ve cut a deal to avert a historic U.S. default, saying they have assembled a framework that cuts some spending immediately and uses a “super Congress” to slash more in the future.

The deal calls for a first round of cuts that would total $917 billion over 10 years and allows the president to hike the debt cap — now at $14.3 trillion — by $900 billion,  that House Speaker John Boehner (R-Ohio) made to his members. Democrats reported those first cuts at a figure closer to $1 trillion. It was unclear Sunday night why those two estimates varied.

The federal government could begin to default on its obligations on Aug. 2 if the measure is not passed.

The next round of $1.5 trillion in cuts would be decided by a committee of 12 lawmakers evenly divided between the two parties and two chambers. This so-called super Congress would have to present its cuts by Thanksgiving, and the rest of Congress could not amend or filibuster the recommendations.

Read more

Super Congress Dictatorship Established: Red Alert!
Alex Jones Brings One of the Most Important Special Reports He Has Ever Done


Super Congress Dictatorship, Red Alert!
Super Congress Dictatorship, Red Alert!


Super Congress to Target Second Amendment
Unconstitutional Body, Super Congress, Paves Super Highway to Gun Control 

The so-called “Super Congress” (or Council of 13) that is about to be created with the debt ceiling vote will have powers far beyond just controlling the nation’s purse strings – its authority will extend to target the second amendment – eviscerating normal protections that prevent unconstitutional legislation from being fast-tracked into law.

Senate Majority Leader Harry Reid (D-Nev.) pulled no punches in making it plain that the Super Congress would have supreme authority. “The joint committee – there are no constraints,” Reid said on the Senate floor. “They can look at any program we have in government, any program. … It has the ability to look at everything.”


Read more


Infowars Special Report: Super-Congress Paves 'Super Highway' to Gun Control
Infowars Special Report: Super-Congress Paves ‘Super Highway’ to Gun Control


Ron Paul Weighs in on “Super Congress”
 Congress Will Likely Become “Rubber Stamping Body” to the Council of 13


rubber stamp congress


The comments below are taken directly from Ron Paul’s legislative web site:


Ron Paul: “Perhaps the most disturbing aspect of this deal is the “Super Congress” provision.  This is nothing more than a way to disenfranchise the majority of Congress by denying them the chance for meaningful participation in the crucial areas of entitlement and tax reform.  It cedes power to draft legislation to a special commission, hand-picked by the House and Senate leadership.  The legislation produced by this commission will be fast-tracked, and Members will not have the opportunity to offer amendments. Approval of the recommendations of the “Super Congress” is tied to yet another debt ceiling increase. This guarantees that Members will face tremendous pressure to vote for whatever comes out of this commission– even if it includes tax increases.  This provision is an excellent way to keep spending decisions out of the reach of members who are not on board with the leadership’s agenda.”



Council of 13 to Rule America
 This is How Freedom Dies, Not With a Bang But With a Bureaucratic Whimper…
Council Of 13 To Rule America!
Council Of 13 To Rule America!




 Lady Liberty is on Life Support
 What Does it Mean? Commentary by Special Guest, Bonnie Harvey

Liberty on Life Support

Even as the smokescreen of the “impending default debacle” continues under such headings as the “Tea Party won the debt battle” and “Boehner to the rescue,” the globalists who hate this country must be celebrating.


Hate this country? Well, consider a couple of quotes from David Rockefeller, unashamed globalist, host to dozens of heads of state, controller of a myriad of international company boards, a member of a family of politicians, and head of one of the wealthiest families on the globe, CFR and Trilateral member (to name just a couple):


We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order.”


It appears that what the globalists really want is POWER over this country. Once they steal our republic, the rest would be child’s play. BUT, they had to hide behind a façade of great drama, filling the airwaves with impending doom. Instead of promoting the solution of a balanced budget, the media footstools concentrated attention on the debt ceiling and the play went on from there. Now, the screaming is gone and congratulatory graffiti adorns media headlines, but, wait, are we missing something? Hey, where’d our republic go? It’s as though we sat down to a game of follow the nut under the three jars in a carnival setting and got up to realize that our children had been kidnapped.


What the media is predictably failing to communicate is that the debt ceiling compromise establishes a 12-member committee, 6 each of Democrats and Republican, ostensibly empowered to “determine spending cuts.” A 13th member will be Obama himself. (Does the number 13 bring any associations with “the number of depravity and rebellion”? Does anyone see a Constitutional problem with the Prez also wearing the hat of a congressman?) This 13 member “Super Congress” would make recommendations to the existing Congress, whose “input” would be limited to “yes” or “no”- no filibustering, no debate, no amendments, no compromise, no alterations.


This would FUNDAMENTALLY alter our present system. Voters would be effectively disenfranchised because, of the 535 elected members of Congress, only 12 would rule!


Finish the article (OUTSTANDING-MUST READ!)



Super Congress Will Have Little Transparency
Super Congress

WASHINGTON — The proposed so-called “super Congress” created by congressional leaders in the debt deal and required to find $1.5 trillion in debt reduction over the next ten years, could wind up making those decisions behind closed doors, away from the public eye.

The text of the budget deal reached by President Barack Obama and congressional leaders contains few specific public disclosure provisions for the committee. The standing committees of Congress are allowed to send suggestions for ways to reduce the debt to the super committee members, but there is, as yet, no provision for the disclosure of those reports

Transparency advocates want to make sure the super committee operates in the open and in a manner that is responsive to the public, especially as it is tasked with crafting such an important policy.

Since they have a direct route to the floor and the bill can’t be amended, this committee should be accountable to the public,” John Wonderlich, policy director of the Sunlight Foundation told HuffPost. “It’s not just that we see the bill when it’s finished, but we see what was proposed beforehand.”       Read more



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The 7 Yr Tribulation: What Time is it on Yahweh’s Calendar?
Understanding the Feast Days is VITAL to understanding End of Days
by Walking in Torah Ministries
Fall feastsIt is important to understand the days that we are living in and see where we are on Yahweh’s calendar. It is for this reason, and with a sense of URGENCY, that we have just published and released a new teaching series,”The 7 yr Tribulation: What Time is it on Yahweh’s Calendar?” 


To understand Yahweh’s unfolding prophetic events it is VITAL to be on HIS calendar. That is why we begin the teaching series with: Foundations: Keeping the Biblical Feasts. 


This is a CRUCIAL foundation to lay down in your mind and heart.


Yeshua FULFILLED the spring feasts in EVERY LAST DETAIL in His first coming. He will fulfill the FALL feasts upon His SECOND coming. If we are to understand the end of days prophesies, the judgments of Revelation, and the final 7 year countdown to His return, we must BEGIN with “Foundations: Keeping the Biblical Feasts.


Go to the Teaching page Now  (YouTube like video, 35 minutes, scroll all the way to the bottom of the page)



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News tip? Comments?
email Laura Densmore






Ron Paul at the 2007 National Right to Life Co...

Image via Wikipedia


LAKE JACKSONTexas – Today, 2012 Republican presidential candidate Ron Paul issued a statement outlining his opposition to the debt ceiling deal struck between the White House and Congress. See statement below.

“While it is good to see serious debate about our debt crisis, I cannot support the reported deal on raising the nation’s debt ceiling.  I have never voted to raise the debt ceiling, and I never will.

“This deal will reportedly cut spending by only slightly over $900 billion over 10 years.  But we will have a $1.6 trillion deficit after this year alone, meaning those meager cuts will do nothing to solve our unsustainable spending problem.  In fact, this bill will never balance the budget.  Instead, it will add untold trillions of dollars to our deficit.  This also assumes the cuts are real cuts and not the same old Washington smoke and mirrors game of spending less than originally projected so you can claim the difference as a ‘cut’.”

“The plan also calls for the formation of a deficit commission, which will accomplish nothing outside of providing Congress and the White House with another way to abdicate responsibility.  In my many years of public service, there have been commissions on everything from Social Security to energy policy, yet not one solution has been produced out of these commissions.

“By denying members the ability to offer amendments and only allowing an up-or-down vote that will take place in the hectic time between Thanksgiving and Christmas, this Commission essentially disenfranchises the vast majority of members from meaningfully participating in the debate over reducing spending and balancing the budget.  Furthermore, despite the claims of the bill’s proponents, there is nothing to stop the commission from recommending tax increases.

“One of the reasons why I humbly suggest that I am the most qualified Presidential candidate is my experience to see and understand the long track record of failure, disappointments, and bad recommendations made by such commissions.  Times like these require statesmanship and steady leadership, which I and the grassroots activists who have joined my campaign believe I am uniquely qualified to provide.

“What should bother Americans most is that under cover of this debt ceiling circus, we learned from a recent GAO one-time, limited audit that the Federal Reserve secretly pumped $16 trillion into American and foreign banks over three years.  All of the Fed’s fat cat cronies were taken care of at the expense of the American public.

“To put that into perspective, our entire national debt is $14.5 trillion, and our annual deficit will be about $1.6 trillion, meaning the Federal Reserve created and appropriated more than our entire national debt to banks around the world in a few short years.  We have been fighting in Congress these past few weeks over raising our debt ceiling by $2 trillion, an amount the Fed secretly gave away to just one big bank.

“For decades, politicians have promised future restraint in exchange for hikes in the debt limit.  We are always told that we must act immediately to avoid a crisis.  But time and time again, politicians reveal themselves to be untrustworthy, and we soon find ourselves in a crisis being led by the same folks who wish only to maintain the status quo.

“I believe in the great American traditions of free markets, sound money, and personal Liberty.  But we are moving far away from what made us the greatest nation in human history. We must cut spending and balance our budget now, before it is too late.

“Let me be clear.  The cuts we must make will not be easy, and there will be difficult times in the short run.  But I have the greatest confidence that if we come together as a People, work hard, and do the right things, our country will be back on track in no time and on its way to unprecedented prosperity.  But, if we continueto print money and pyramid debt, we will destroy ourselves and lose the promise of America forever.

“These difficult times require a President willing to stand against runaway spending.  If elected, I will veto any spending bill that contributes to an unbalanced budget, and I will balance the budget in the first year of my term.  I will not allow the Federal Reserve to destroy the value of our money by shoveling dollars into the pockets of its banker friends.

“I remain committed to working on behalf of the American people to drastically reduce spending and implement fundamental changes that will reform government and restore our nation’s prosperity.”




President Says He’s Ready to Compromise – But Are the American People Willing?

by Mac Slavo
by Mac Slavo
Recently by Mac Slavo: Insider Stock Sell Off: 3,177 to 1 Sell-to-Buy Ratio

After the much-anticipated defeat of the democrats in the House of Representatives, President Obama says that he wants to “figure out how we can move forward together.”

At a White House news conference, the president said that when Congress returns, “my goal is to make sure we don’t have a huge spike in taxes for middle class families.” He made no mention of his campaign-long insistence that tax cuts be permitted to expire on upper-income families, a position he said would avoid swelling the deficit but put him in conflict with Republicans.

He also virtually abandoned his legislation – hopelessly stalled in the Senate – featuring economic incentives to reduce carbon emissions from power plants, vehicles and other sources.

“I’m going to be looking for other means of addressing this problem,” he said. “Cap and trade was just one way of skinning the cat,” he said, strongly implying there will be others.

The president opened his post-election news conference by saying voters who felt frustrated by the sluggish pace of economic recovery had dictated the Republican takeover in the House.

The president said he was eager to sit down with the leaders of both political parties “and figure out how we can move forward together.”

“I think people started looking at all this, and it felt as if government was getting much more intrusive into people’s lives than they were accustomed to,” he conceded.

Like President Bush before him, President Obama now intends to cooperate with the opposing party in Congress and cross the aisle. Mr. Obama wants to compromise on things like tax cuts, and carbon emission taxes and government’s intrusion into people’s lives.

How about this: We don’t want to compromise.

It may sound close-minded, but it’s true.

How should the American people compromise on taxes? Should we only raise them a little bit? How about not at all. In fact, instead of raising taxes, let’s start talking about cutting behemoth government spending programs and not just cutting taxes, but completely eliminating them. Want to compromise? Then the discussion should start with tax elimination, not extending already existing tax reductions put in place by President Bush.

What about carbon emissions? The science behind the neo-environmentalist movement is bunk. The policies the President supports are not designed to improve the environment – only to increase government revenues. Nope, we’re not going to compromise on that one either. If you want to save the environment here’s an idea – offer tax elimination for businesses that engage in the development of alternative energy, and promote individual energy self sufficiency in the home by eliminating sales taxes and regulation on developing personal alternative energy systems that individuals can install and maintain themselves – so they don’t have to be dependent on heavily regulated enterprises like oil, water and electric utilities. Mandates only anger people. Why not let people take the steps themselves to improve the environment by offering them personal benefits for doing so, rather than putting a gun to their head?

Government Intrusion into our lives? Forcing each individual American to buy health insurance by mandate is not something Americans want to compromise on. This should have been evident when almost 10 out of 10 phone calls to Washington when health care legislation was being passed were in opposition. Obviously, Washington didn’t listen. We didn’t hear anyone talking about compromise then.

We also didn’t hear anyone talking about compromise when tens of thousands of Americans called their representatives to oppose the GM, AIG and bank bailouts. No one compromised with the American people – not democrats, not republicans. They just did what they wanted and enslaved current and future generations to the tune of trillions. This is what happens when republicans and democrats “cross the aisle” and compromise.

No, Mr. President, the American people aren’t looking for compromise. The policy of compromise doesn’t work – not in today’s America.

You see, when it comes to government intrusion into the lives of individual Americans through legislative mandates, it runs counter to the principles set forth in our founding document, The Constitution for the United States of America. Even though the education system in America has tried to dumb down the populace, at least some of them are waking up. And yesterday, a lot of them came out to vote. But many didn’t come out to vote for republicans – they came out to vote against democrats. Their motivation was not to see the Republican Party takeover Congress again. They just wanted to stop the out of control train that was a democrat Congress.

Every law passed in Congress seems to further deteriorate our individual liberties as free men (and women) of the United States. That republicans now control at least one side of the bicameral Congress is a good thing, but only because it will (hopefully) grid-lock any future legislation.

Because if there’s one thing we don’t need in America right now, it’s more laws.

The only thing the American people need right now is for legislation to be repealed and for the corruption in Washington and on Wall Street to be addressed. That’s not going to happen under President Obama’s watch, and it wouldn’t happen even if republicans controlled a super majority of both houses, because as we’ve said before, republican and democrat policies are two heads of the same snake. Over the last century, BOTH parties have been responsible for legislative actions that have run counter to The Constitution.

The problem with Washington is that corruption runs rampant and politicians are completely disconnected from the reality on the ground. How can the American people compromise with those who are concerned only with enriching themselves to the detriment of the rest of the populace?

Call us crazy, but we’re not interested in compromising the principles of individual liberty with the economic, political and philosophical policies of socialists, fascists and communists.

What it all boils down to is that you’re either for tyranny, or you’re for liberty:

Diagram Source: Illusion of Opposites

Compromise between these two philosophies is simply not possible.

Reprinted from SHTF Plan.

November 5, 2010

Mac Slavo [send him mail] is a small business owner and independent investor.

Copyright © 2010 Mac Slavo

The Best of Mac Slavo


Insider Trading Is Legal For Members Of Congress –

-And They Refuse To Pass A Law That Would Change That

The American Dream

Is insider trading wrong?  Most Americans would say that it is.  In fact, some very wealthy and very prominent Americans (including Martha Stewart) have gone to prison for it.  It just is not right for those with inside information that is not generally available to the public to make huge profits in the stock market by making key trades based on that information.  But there is one group, members of the U.S. Congress, that can do all the insider trading they want and get away with it.  That is because insider trading is perfectly legal for members of Congress.  Yes, you read that correctly.  So how would that work?  Well, for example, a member of Congress may know that a law that is about to be proposed would have a very positive effect on a particular company and could buy up a ton of stock in that company a few days before that law is introduced.  Isn’t that wrong?  Of course.  Is there any law against it?  Not at all.

You would think that some of the more ethical members of Congress would want to close this glaring loophole, but it just isn’t happening.  Legislation has been introduced from time to time that would end this practice, but it has gotten very, very little support.  The Wall Street Journal recently published an article about this issue which described the current situation this way….

“A few lawmakers proposed a bill that would prevent members and employees of Congress from trading securities based on nonpublic information they obtain. The legislation has languished since 2006.”

But even though insider trading is legal for members of Congress, they would never take advantage of the situation, would they?

Well, there is at least one study that seems to indicate that members of the U.S. Congress have been much more successful in the U.S. stock market than most members of the general public….

“A 2004 study of the results of stock trading by United States Senators during the 1990s found that that senators on average beat the market by 12% a year. In sharp contrast, U.S. households on average underperformed the market by 1.4% a year and even corporate insiders on average beat the market by only about 6% a year during that period. A reasonable inference is that some Senators had access to – and were using – material nonpublic information about the companies in whose stock they trade.”

But it isn’t just the members of Congress themselves that are using inside information to do well in the stock market.  According to a recent article in the Wall Street Journal, a significant number of Congressional staffers have also been involved in some questionable dealings….

“At least 72 aides on both sides of the aisle traded shares of companies that their bosses help oversee, according to a Wall Street Journal analysis of more than 3,000 disclosure forms covering trading activity by Capitol Hill staffers for 2008 and 2009.”

The Wall Street Journal goes on to describe example after example of Congressional staff members that have made large profits from trades that could have been influenced by inside knowledge.

But should we be surprised?

The truth is that Congress exempts themselves from the laws that they pass on a regular basis.

Integrity is in real short supply up on Capitol Hill.

Is it any wonder that the approval rating for the U.S. Congress has been hovering around 20 percent?

Just think about that.

Approximately 80 percent of the American people are dissatisfied with Congress.

Our system of government is deeply corrupt and deeply broken.

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