Quick Hits: HR1207/S604 Activism, DC Shooting, Letterman, Fed Extortion, and Random Thoughts

June 12th, 2009 8:15 am  |  by Marc Gallagher  |  Published in Activism, Bailouts, Banking, Big Government, Civil Liberties, Commentary, Economics, Federal Reserve, Free Market, Harry Browne, Individual Responsibility, Liberty, Maven Commentary, Ron Paul, congress, government spending  |  2 Responses

It’s Friday which means it’s time for another installment of “quick hits”…

The big news this week for liberty-seekers is that Ron Paul’s bill to audit the Federal Reserve has surpassed 218 cosponsors giving it majority support in the House of Representatives. The chances in the Senate are much more in question. Bernie Sanders introduced the same legislation in the Senate. It received its first cosponsor yesterday when the brave Jim DeMint signed on to the bill. There is an effort underway to promote calling each Senator of the Banking committee in an attempt to persuade them to cosponsor S.604. The current target is Robert Bennet (R-UT). More information from Shelly Roche at BreakTheMatrix.com here.

Other news this week…

A shooting occurred at the DC Holocaust Museum from a man being labeled a rightwing extremist by the Left and a leftwing extremist by the Right. Keith Olberman plays “six degrees of separation”, and what comes off to me as a poor SNL sketch, manages to associate the shooter with Ron Paul. Olberman says:

“He switched his website domain on June 1st to a man who shares a phone number with a woman who is listed as a Michigan coordinator for the former presidential candidate Ron Paul. Who is at least nominally, a Republican.”

Why not just accept the tragedy for what it is instead of jumping into the blame game? The Left is not at fault. The Right is not at fault. The gun is not at fault. Blame belongs solely with the man that pulled the trigger. As much as those on the Left and the Right think they can control other people’s lives it just isn’t true. Freewill still exists. If you are going to play the blame game, stop cheating!

David Letterman caught a bunch of flak from the Right about a joke he made about Sarah Palin’s daughter that some labeled a “rape” joke (including Todd Palin). I find the outrage ridiculous. Letterman is an entertainer. If you don’t like his humor, turn the channel and be done with it.

Bank of America CEO Ken Lewis testified today that the Fed strong-armed BofA into purchasing Merrill Lynch:

June 11 (Bloomberg) — Bank of America Corp. Chief Executive Officer Kenneth Lewis told Congress he decided to proceed with the takeover of Merrill Lynch Co. after regulators said they might remove management and because his company’s future was “intertwined” with Merrill’s fate.

If this turns out to be true it amounts to extortion and the guilty (Bernanke and co.) should be punished.

And as always we close with some random thoughts and quotes from the week:

  • The gangster Al Capone had Eliot Ness. The banksters at The Fed have Ron Paul.
  • The Fairness Doctrine is unfair. The Patriot Act is unpatriotic.. more oxymorons from the morons in government.
  • “Bipartisan” is a dirty word on healthcare. Give me gridlock or give me death!
  • When the government’s boot is on your throat, whether it is a left boot or a right boot is of no consequence. – Gary Lloyd
  • Irony: The first African-American President of the U.S. enslaves citizens of all colors with socio-fascist policies.
  • When the government borrows money your children become nothing more than collateral.
  • Republicans campaign like Libertarians and govern like Democrats. – Harry Browne
  • It’s 11pm, do you know what your government is doing?

And lastly, my little pun of the week:

  • Dr. Ron Paul will prescribe pills for your Fed-ache!

That’s it for this week. Don’t forget to continue to call Senators about supporting S.604!!!

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Responses

  1. Jake says:

    June 14th, 2009 at 3:05 am (#)

    Wow, my opinion of that Olber-guy is now pretty low.

    Hey, now that 1207 is in good shape, isn't it time to put up a S604 Co-sponsor counter???

  2. Kilroy says:

    June 14th, 2009 at 10:45 pm (#)

    Yeah, I think it's time to start the S 604 co-sponsor counter now that Jim Demint is on. I called both my senators' offices on Friday and will send in a written letter to each on Monday.

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