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Now Available — “It’s the Congress, Stupid!”

If you are under the age of 46, or if you care about the future of anyone under the age of 46, it’s “hair on fire” alarm time.

Curtis L. Harris’ new book, It’s the Congress, Stupid!, is an admirable comprehensive, yet succinct overview of the real state of the nation, and the reality is, “YOU ARE GETTING SCREWED!”

The course our government leadership has set is demonstrated as being financially ruinous (assuming one believes $2,000,000 in government obligations for a family of four by the year 2019 qualifies as “ruinous”).  How and why we got here is the excellence in this quick read, the most important takeaway being: the constitutional notion of minimal governance by citizen-statesmen has devolved into a virtual aristocracy, devoted primarily to self-perpetuating its self-interests, i.e. “IT’S THE CONGRESS, STUPID!”

There are 545 people (President, 9 Supreme Court Justices, 535 in the senate and house) eager to propel you forward toward financial serfdom, to keep you lulled into complacency by entitlements and easy consumerism, the modern day equivalents to the Romans’ bread and circuses populism.

Harris’ answer is Libertarianism, and the latter part of his book is that platform and plan.  Whether or not you agree with his banner and call to arms, arm yourself with self-education and a clear understanding of your individual principles compass.  What’s at stake is nothing less than your rights to economic and personal liberty, and your right to pursue your unique call to happiness.

Harris’ book is available at www.defeatcongress.org for $8.95 plus S&H.

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Liberty on the Rocks Nashville June Cocktail Hour

…because it’s fun to drink and talk about liberty!

Join us for a meeting of the minds to discuss ways we can further our cause of liberty. Very informal and casual!

Location:

Mafiaozas (www.mafiaozas.com/nashville)

2400 12th Avenue South

Nashville Tennessee

Liberty at the Ballpark – in Denver!

Join others who believe in limited government, free markets and individual liberties as we chow on some hot dogs and drink a few beers at a Rockies game! We will be meeting at the statue outside the front of the ballpark around 6:30 before we head up to get rockpile tickets (only $4 each!). Hope to see you there!

Liberty on the Rocks Denver

Want to meet other liberty-minded individuals in Denver? This is the place to be! Good food, great conversation, informational materials and fantastic networking opportunities!

We meet on the patio just to the right of the lawn. Hope to see you there!

Liberty on the Rocks (Red Rocks)

Join other freedom-lovers this summer on the rooftop patio at Old Chicago!

Lone Tree Colorado Liberty on the Rocks

Join the crew of the South Metro Denver chapter of Liberty on the Rocks!

Wednesday, May 27th at the Rock Bottom Brewery, located at:

9627 E. County Line Road

Lone Tree, CO

Denver Liberty on the Rocks May 20th

It’s time once again to come out and meet all the other liberty-minded individuals in your area!  Conservative?  Libertarian?  Independent?  Do you love liberty and want the government to shrink in size?  Than this is the group for you and these are the people for you to meet!  Liberty on the Rocks organizers will make a few announcements about events and happenings coming up in the local community, but other than that it is a social hour – get to know other activists in your area, as well individuals who are simply fed up with Washington.

We meet at the Uptown Tavern (17th & Pearl) in the pool room at 7pm.  Hope to see you there!

The Biggest Casino in the History of the World…

What do derivatives, credit swaps, collateralized mortgage obligations, and the alphabet soup of high finance have to do with Liberty?  Well, the potential yoke of generations of high taxes to pay off debt WE didn’t incur could be here, and it sounds more like serfdom that freedom…

Bloomberg.com reported $9.7 trillion has been lent, spent or pledged by the Treasury, Federal Reserve and FDIC to “solve” the financial crisis — $9.7 trillion is $33,000 for every man, woman and child in the US, it’s 70% of our total GDP! And only the $700 billion TARP program for bank bailouts was ever voted on (we’re not including the stimulus moneys here…).

If this sounds too outrageous, listen to this five minute clip of Rep. Alan Grayson, (D-Orlando) asking the Federal Reserve Inspector General, Elizabeth Coleman, what is happening with the money. Are you satisfied with her responses: we haven’t gathered that information, we don’t have the authority to audit (”bull” meter jumps to 100%)? It’s frightening and incredible at the same time…

Where is the money going?  To the world’s secret casino, where the financial industry is both the house and the gambling addict, and the taxpayer is the ATM.   The Office of the Comptroller of the Currency’s 4th quarter report shows banks have placed $200 trillion in bets on “derivatives,” the “side bet” at the craps tables, almost all of it unregulated in “over the counter” (OTC) transactions, and almost all of it, 94% held by FOUR banks — JP Morgan/Chase, Citigroup, Bank of America, and ante-ing up to the table, investment firm now with bank status, Goldman Sachs. From Reuters FACTBOX:

BANK             TOTAL DERIVATIVES     PCT OF DERIVATIVES
                 OUTSTANDING ($ MLN)   THAT ARE OTC
JPMorgan         $87,362,672           97.0
Bank of America  $38,304,564           94.3
Citi             $31,887,869           98.0
Goldman Sachs    $30,229,614           98.4
All banks total $200,381,607           96.6 ($193,597,433 mln)

$200 trillion is 3.3 times the GDP of the entire world! The graph below, from the Comptroller’s report, just shows how popular this game has become.

derivatives

(And by the way, the bulk of AIG’s business is selling insurance to back these bets).  If you have the financial inclination, please read the full Office of the Comptroller of the Currency report — apparently the “pit bosses” at Secretary Geithner’s Treasury Department are confident that everything is balanced and under control, but what they gloss over is that the basic assumption to all the models they use to value and project says that the value of the “things” underlying the derivatives never goes down in the long run…

…unless, of course, they do, but then you just run to the taxpayer ATM for the bailout.

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