As a Senate vote on the new Health Care Tax bill looms, a special campaign announcement just in time for Christmas!!
How can voters believe that any candidate will represent them by tightening the purse-strings on wasteful government spending if they fail to start with themselves? Now voters can rest assured they have this promise once Jake Towne is elected as Congressman in 2010.
Jake Towne, an independent candidate for U.S. House in PA-15, believes government needs salary cuts – and will start with his own. Towne will only accept the estimated 2008 median household income in the 15th district of $58,080 instead of $174,000. After taxes, Towne will donate the remainder of his salary to local non-profit hospitals to help provide health care to those who need it the most in the district. As he wrote last week in “What is Wealth?“, he believes health is a prime source of wealth.
As a Senate vote on the new health care tax bill looms, Towne also hopes his actions will bring attention to his detailed plank on health care which is that unconstitutional and ineffective government interventions with our health care is the TRUE problem, especially the government-sponsored cartelization of the health care insurance industry which started via the HMO Act of 1973. Towne protests that affordable health care for all with thousands of new features is possible only if government can be stopped from interfering with the marketplace. Read More »
Kentucky Senate candidate and son of Ron Paul, Rand Paul, appeared on the Glenn Beck show on Friday with guest host Judge Andrew Napolitano. Paul continues his anti-establishment mantra by associating himself with tea partiers and warning that he will make term limits a “national issue”.
Ron Paul and Barney Frank appeared on Larry King last night to discuss health care and financial reform.
In the first segment they discuss health care:
In the second segment, Ben Stein and Tanya Acker join Paul and Frank to discuss health care and Bernanke being named Time Magazine’s “Person of the Year”:
Finally, in the third segment, they discuss the public argument between Sarah Palin and Arnold Schwarzenegger, who they would have selected as person of the year, and Obama’s letter to Kim Jong Il of North Korea:
Rather than comment on the discussion within the videos I’d like to comment on how positive it is that Ron Paul seems to now be a “regular” on Larry King and several other main stream media outlets. It’s nice to have his atypical message being heard by so many people. The ability to wake the drooling masses begins by having a mechanism to reach them. Like it or not, the main stream media is that mechanism.
Paul reacts on Fox Business News yesterday to Bernanke being announced as Time Magazine’s “Person of the Year”. Paul calls Bernanke the world’s greatest counterfeiter much to the disbelief of the show’s hosts.
Ron Paul also appeared on Neil Cavuto’s show to discuss the same issue and he makes many of the same points.
by John Browne, Senior Market Strategist, Euro Pacific Capital
As the price of gold has pulled back from its recent run up to $1,200, many investors are left to ponder what exactly drives the movement of such an important and financially sensitive commodity.
Most people are aware that gold prices respond to inflation expectations and that central banks, as the largest holders of gold, are big players in the market. But there is a very murky understanding as to why and how these players affect prices, and what their ultimate goal may be.
Although I profess no great insight into how central bankers from Bombay, Berlin and Beijing are looking to manage the global gold market, a better understanding of how our current system came to be provides some clue about gold’s recent behavior.
Congressional leaders were planning on raising the national debt limit by a whopping $1.8 trillion.
Luckily, the end-of-year legislative logjam has prevented them from doing so. They are likely to pass a short-term increase to keep the government running for a few months.
But after the New Year, Congress will be back with a spending agenda which, if not stopped, will raise the national debt so that it will soon be the size of the U.S. Gross Domestic Product!
Last week columnist George Will suggested Ben Bernanke should be Time’s “Person of the Year” because he “stabilized the financial system”. This week Time magazine gave Will his wish. Ben Bernanke is Time’s “Person of the Year” for 2009.
An award this wrong-headed hasn’t been doled out since…well.. a few weeks ago when Obama won the Nobel Peace Prize. The American people, specifically the lower income American people, are all hostages to Ben Bernanke and his band of merry fiat paper pushers. Indeed, selecting Bernanke as Time’s “Person of the Year” is Stockholm Syndrome writ large.
Time gushes about Bernanke calling him “the most powerful nerd on the planet”. They got that part right, but I’m dumbfounded by the hero worship. It reminds me of the fraternity paddling scene in Animal House where the student pleads, “Thank you sir, may I have another!” after being repeatedly spanked with the paddle.
Let’s go over this again. When the money supply is increased by the Federal Reserve every dollar in your pocket is devalued. This debasement is a hidden tax on the American people. It is a dishonest way of stealing the money you earn without allowing you to witness it directly.
The Fed is a petty pickpocket artist robbing the American people of prosperity one penny at a time. Would you nominate a thief for person of the year? Time magazine did exactly that.
Three provisions of the USA PATRIOT Act will expire on December 31. Committees in both the House and Senate have approved renewal bills, but the House version includes much stronger civil liberties protections.
Let’s tell Congress to pass the House version, or pass nothing at all and let these provisions expire using our “I am not afraid” campaign. https://secure.downsizedc.org/etp/campaigns/77
Here are my personal comments which you may copy or borrow from . . .
Specifically, please allow the following provisions of the Patriot Act to sunset on December 31:
* The Records Provision
* The Roving Wiretaps Provision
* The Lone Wolf Provision
The evidence indicates that these provisions don’t even serve their supposed purpose:
* As Cato Research Fellow Julian Sanchez says, “the successful investigations since 9/11 — only a few of which actually involved ‘plots’ for attacks in the U.S. — appear to have depended a lot more on good human intelligence and informants in the community than broad new surveillance powers.” http://www.cato.org/pub_display.php?pub_id=10705
Ron Paul was the guest host on CNBC’s Squawk Box this morning where he was met head on by two of his fiercest critics against his Federal Reserve audit efforts. Both Frederic Mishkin and Senator Judd Gregg attempted to argue for maintaining Fed “independence” to the wonderment of 79% of the American people. Ron Paul defended his view by charging them with distorting the facts of the audit to meet the desires of their big bank puppeteers.
Here’s the opening clip where Ron Paul begins his “lesson”:
Next, Mishkin gives it a go.
Finally, Judd Gregg gets a bit more heated.
Ron Paul does okay here, but it’s difficult to argue on the side of logic when his detractors refuse to use logic. The Federal Reserve is and never was independent. When those like Mishkin and Gregg begin their argument from this lie how can we trust anything else they say?
Liberty Maven
by John Browne, Senior Market Strategist, Euro Pacific Capital
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