And so it continues. The Associated Press released an article attacking Rand Paul for receiving donations from “pornographers”. This latest attack just happens to coincide with the second day of his 2 day money bomb commemorating his father Ron Paul’s birthday. Over $250,000 was raised, but instead, let’s talk a bit about what is pornography and what isn’t.
First, the contributors run a web site called Zivity.com. It’s an adult social media site where models, photographers, and users unite to create and appreciate artsy photography of the mostly non-nude female form. In the minds of some this may pass for “pornography”, but I’d say most people would agree this is more art than porn. Have a look yourself.
Despite the fact that the donations weren’t from Zivity, and that Zivity would barely fall under the definition of pornography, people are calling for Rand to return the money. Says someone who has no idea what he’s talking about:
“A lot of Kentuckians would have a problem with a candidate accepting money from organizations that are tearing down the culture,” said Martin Cothran, a policy analyst for The Family Foundation of Kentucky. “And we assume that the Paul campaign understands that.”
Schreiner himself seems to have little knowledge of Zivity either. By phone yesterday he asked me if I could tell him more about the site. He had not, apparently, ventured farther than the home page.
The fact is Zivity is nowhere near as graphic as mainstream television. Sexual acts are never shown, and often the models aren’t even undressed. A typical Saturday evening on Showtime or HBO would be far more likely to “tear down our culture,” in the words of whoever that guy is. And I doubt the AP would be trying to make a big deal out of a HBO employee making a donation to a campaign.
It’s pretty safe to chalk this one up to the recent trend of the left media’s attempts to spread dirt on Rand Paul every chance they get. Oh and by the way, Martin Cothran quoted above, still plans on voting for Rand Paul as he makes clear in an article of his own.
Now what follows is what the media should be talking about. To me this passes as far more pornographic than what the folks of Zivity are doing…
by Neeraj Chaudhary, Investment Consultant in the Los Angeles branch of Euro Pacific Capital
In his weekly radio address this past Saturday, President Obama happily commemorated the 75th anniversary of Social Security. From my perspective, the milestone is nothing to celebrate. For although the president spoke earnestly about the “obligation to keep the promise” of Social Security, in reality, the program will wreck the government’s finances within 10 years.
The numbers are simply astounding. Social Security is the largest social program in the world, making up over 40% of all federal spending. Over 58 million Americans – 1 in 5 citizens – receive a monthly check from Social Security. Although these numbers are already daunting, demographic realities will soon cause the program to expand much more rapidly.
According to the Government Accountability Office (GAO), entitlement programs and net interest costs may be expected to consume fully 93% of federal revenue by 2020. Think about that: in less than 10 years, the Social Security program (which includes Medicare and Medicaid) will have gotten so big that only 7 cents of every dollar of federal revenue may be left for everything else.
What exactly does “everything else” include? Try the entire military, FBI, freeways, disaster relief, NASA, housing agencies, and the postal service – to name a few. If new revenue is not found, and if current Social Security obligations are not changed, the remainder of federal programs would have to be cut by 88% by 2020. Simply put, the “third rail” of American politics is about to electrocute us all.
Once again Rand Paul was kind enough to agree to be interviewed by Liberty Maven as the latest and perhaps greatest money bomb of his campaign approaches.
LM: With the overblown “Aqua Buddha” story spreading around the media like wildfire, it’s obvious your opponent’s attack machine is in full gear. How beneficial is it to respond to attacks of this kind? If your campaign staff find any “dirt” about Jack Conway’s past, will you respond in kind?
Rand Paul: No matter how the drive by media tries to distract from the issues in this race – the real issues facing Americans every day – we are committed to running a campaign of substance and real issues, and we will not engage in the politics of character assassination.
LM: When you become the next U.S. Senator from Kentucky what specific legislation would you introduce in your first year in office? How will that legislation benefit Kentuckians?
Rand Paul: There are a few things I want to do, for one I will propose and force a vote on an Enumerated Powers Act, to force Congress to point to the part of the Constitution that justifies their bills. That would benefit not only Kentuckians but everyone who has been affected by this out-of-control government forcing unconstitutional laws on us like Obamacare. Another will be a Balanced Budget Amendment with strict tax and spending limits.
On the front page of today’s Morning Call was an article on the mosque to be located near Ground Zero in NYC. Below is a video statement and transcript of those remarks. My comments were misinterpreted slightly, and I absolutely do not speak for all Muslims – just myself – but the fact remains the reporter just wasn’t able to fit in my full thoughts on the matter, so the below is mainly to elaborate.
In New York, several blocks from the former site of the World Trade Center, an Islamic center and mosque is being considered. As a federal representative, it is my duty to defend the Constitution and the natural right to religious freedom as protected by the First Amendment. This freedom has its roots in how America was first settled by European religious outcasts. (Photo courtesy Rosino)
by Michael Pento, Senior Economist & Vice President of Managed Products, Euro Pacific Capita
A morbidly obese gentleman labored into Dr. Hayek’s office suffering from severe chest pain. The patient also complained that he was unable to consume his usual 10,000 calorie-per-day diet; in fact, he was feeling so sick that he could barely scarf down 9,000 calories. He plead that his love for food remained as strong as ever, but his body just wasn’t keeping up with his demands.
After having a thorough look at the patient, the good doctor could not find anything wrong outside of the patient’s extreme portliness. After a moment of reflection, he delivered to his patient a troubling diagnosis. He explained that the chest pain stemmed from the strain the patient’s 500lb body was putting on his heart, and that the lack of appetite was his body’s attempt to protect itself from this imbalance. Dr. Hayek’s prescription was simple: the patient had to dramatically reduce his consumption while undertaking a moderate exercise program, with the goal of losing 250lbs as quickly and safely as possible. Dr. Hayek was aware that it would be a physically painful and emotionally difficult process for the man, but it was the only way to avert a life of suffering – or even a heart attack.
Unfortunately, our patient rebelled against such an austere program. He had grown very fond of his high-calorie and high-fat diet and didn’t think that now, when he was already depressed from dealing with all these ailments, was a good time to deny himself the few pleasures he had left. In his opinion, the doc’s prescription was just too simplistic. He thought there just had to be a way to have his cake and eat it – frequently. So, he waddled out of Dr. Hayek’s office as fast as he could, shouting over his shoulder: “I’m getting a second opinion!”
In a recent video message Rand Paul outlines his platform of conservative promises while getting the word out about the money bomb (blitz?) later this week. More information on the money bomb can be found at ISupportRandPaul.com.
There is nothing super-complicated about sound money. Rather, the truth is pretty simple.
In cahoots with the central bank, the government prints unbacked currency. Most dollars are not physical linen – it is merely electrons in bank accounts, which is shown simply here, “Fractional Reserve Banking in Pictures.” This is really just an indirect way to tax anyone who holds dollars. Anyone who whines that the banks “needed” the TARP bailouts fails to understand it is not just the banks who are failing – it is the entire monetary system, which remains a giant Ponzi scheme.
Today’s monetary system is not sustainable, and tomorrow’s bubble is the US Treasury sovereign debt market. As I wrote recently, China has halted purchase of Treasury bonds which may be the modern-day equivalent of France redeeming its paper dollars for gold in 1967-1968, which led to the collapse of the London Gold Pool and the complete severance of the dollar from gold by Nixon in 1971.
This week, national attention was fixated on JetBlue flight attendant Steven Slater, whose bold, creative, and controversial exit strategy could revitalize his future prospects. Not nearly as noticed was the Federal Reserve’s decision on Tuesday to avoid finding an exit strategy for its own never-ending career trap. Unfortunately, the Fed’s choices affect our lives much more than Slater’s.
Just a few weeks ago, pundits were asking how Ben Bernanke would shrink the Fed’s bloated post-crisis balance sheet. But in its August 10th decision, the Fed signaled that it would “recycle” its debt holdings; in other words, there would be no exit strategy for the foreseeable future. Given the fact that monetary stimulus will not only fail to spark a genuine recovery, but create a never-ending need for successively larger doses, Bernanke should grab a few beers and head for the nearest available emergency slide.
About a year ago, economic forecasters claiming insight into Fed deliberations spread the word that the central bank had devised a methodical exit strategy to unwind its balance sheet. The only question they thought worth discussing was when the plan would begin. Some even speculated that it already secretly had. In a July 2009 commentary entitled “No Exit for Ben,” I argued that Bernanke and his cohorts never had any serious intention of implementing such a policy. I suggested that the Fed would continue to play the role of money-pusher – making sure the addicts were never denied a fix, even if an overdose threatened.