<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Liberty Maven&#187; Liberty Maven: For Liberty, One Individual At A Time</title>
	<atom:link href="http://libertymaven.com/category/economicsbankingmoney/taxes/feed/" rel="self" type="application/rss+xml" />
	<link>http://libertymaven.com</link>
	<description>For Liberty, One Individual At A Time</description>
	<lastBuildDate>Sat, 21 Nov 2009 02:30:04 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.6</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>Congressional leaders are bribing other members of Congress</title>
		<link>http://libertymaven.com/2009/11/17/congressional-leaders-are-bribing-other-members-of-congress/8039/</link>
		<comments>http://libertymaven.com/2009/11/17/congressional-leaders-are-bribing-other-members-of-congress/8039/#comments</comments>
		<pubDate>Tue, 17 Nov 2009 15:53:11 +0000</pubDate>
		<dc:creator>Mike Miller</dc:creator>
				<category><![CDATA[Big Government]]></category>
		<category><![CDATA[DownsizeDC.org]]></category>
		<category><![CDATA[Health Care]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[congress]]></category>
		<category><![CDATA[government spending]]></category>
		<category><![CDATA[law]]></category>
		<category><![CDATA[benefit]]></category>
		<category><![CDATA[bribery law]]></category>
		<category><![CDATA[citizens]]></category>
		<category><![CDATA[congressional leader]]></category>
		<category><![CDATA[congressional leaders]]></category>
		<category><![CDATA[federal government]]></category>
		<category><![CDATA[healthcare reform]]></category>
		<category><![CDATA[legislation]]></category>
		<category><![CDATA[logrolling]]></category>
		<category><![CDATA[medicaid]]></category>
		<category><![CDATA[medicaid expansion]]></category>
		<category><![CDATA[member of congress]]></category>
		<category><![CDATA[members of congress]]></category>
		<category><![CDATA[rhode island]]></category>
		<category><![CDATA[senators]]></category>
		<category><![CDATA[sweet deal]]></category>
		<category><![CDATA[sweetheart]]></category>
		<category><![CDATA[tax dollars]]></category>
		<category><![CDATA[tax money]]></category>
		<category><![CDATA[vote]]></category>

		<guid isPermaLink="false">http://libertymaven.com/?p=8039</guid>
		<description><![CDATA[D o w n s i z e r &#8211; D i s p a t c h
Congressional leaders routinely use your tax money to bribe other members of Congress, buying votes to enact legislation that couldn&#8217;t pass otherwise. The so-called healthcare bill is the latest example. 
Please send Congress a letter using an anti-bribery [...]]]></description>
			<content:encoded><![CDATA[<p><span style="color: green;"><strong>D o w n s i z e r &#8211; D i s p a t c h</strong></span></p>
<hr /><span style="font-family: Arial;">Congressional leaders routinely use your tax money to bribe other members of Congress, buying votes to enact legislation that couldn&#8217;t pass otherwise. The so-called healthcare bill is the latest example. </span></p>
<p><span style="font-family: Arial;"><a href="https://secure.downsizedc.org/etp/campaigns/114" target="_blank">Please send Congress a letter using an anti-bribery argument to oppose the cancerous healthcare bill.</a> </span></p>
<p><span style="font-family: Arial;">You can copy or borrow from my letter to Congress to write your own . . .</span></p>
<blockquote style="margin-right: 0px;" dir="ltr"><p><span style="font-family: Arial;">Please oppose the so-called healthcare reform bill. I especially object to the fact that my tax dollars are being used to bribe members of Congress to secure their votes, or to reward powerful Senators. For instance . . .</span></p>
<p><span style="font-family: Arial;">The Baucus bill has the federal government paying the entire cost for the mandated Medicaid expansion in the following states: Nevada, Oregon, Rhode Island and Michigan. This is an attempt to bribe or reward the Senators and Representatives from those states using my tax money.</span></p>
<p><span style="font-family: Arial;">Other states aren&#8217;t getting this sweet deal. Citizens in the other 46 states will have to pay higher taxes to fund this scheme. </span></p>
<p><span style="font-family: Arial;">I&#8217;m sure the so-called heathcare bill is stuffed with other sweetheart deals, designed to win key votes. You guys call this logrolling. I call it bribery. The only reason Congressional leaders get away with it is because they&#8217;re using my tax money to do the bribing, but that makes it worse, not better. </span></p>
<p><span style="font-family: Arial;">Frankly, I think any Congressional leader who offers a tax-funded benefit for a state or district in order to secure a vote, and any member of Congress who negotiates to gain such a benefit, should be brought up on charges and go to jail for violating the anti-bribery law. </span></p>
<p><span style="font-family: Arial;"><span id="more-8039"></span>The laws are supposed to treat all of us equally. Any law that treats citizens of some states differently is inherently unjust, and any law passed using tax-funded bribery is inherently unethical. I believe the so called healthcare bill is both things, unjust and unethical. VOTE AGAINST IT!</span></p>
<p><span style="font-family: Arial;">I&#8217;m paying close attention to what you do, and will take it into account as I discuss your re-election with other voters.</span></p></blockquote>
<p><span style="font-family: Arial;">END OF SAMPLE LETTER</span></p>
<p><span style="font-family: Arial;"><a href="https://secure.downsizedc.org/etp/campaigns/114" target="_blank">Send your letter to Congress using DownsizeDC.org&#8217;s Educate the Powerful System.</a> </span></p>
<p><span style="font-family: Arial;">Please take additional steps to spread the word, recruit more DC Downsizers, and increase the heat on Congress: </span></p>
<ul>
<li><span style="font-family: Arial;">Do you have friends who might like the argument made in this Dispatch? If so, send it to them and maybe they&#8217;ll join you in pressuring Congress (be sure to clip off the Dispatch footer if you forward this message)</span></li>
<li><span style="font-family: Arial;">Digg this message on our Blog so more people will see it: <span style="font-family: Arial;"><a href="http://www.downsizedc.org/blog/bribery-congressional-leaders-are-using-your-tax-money-to-bribe-other-members-of-congress" target="_blank">http://www.downsizedc.org/blog/bribery-congressional-leaders-are-using-your-tax-money-to-bribe-other-members-of-congress</a></span></span></li>
<li><span style="font-family: Arial;"><a href="https://secure.downsizedc.org/contribute" target="_blank">Start a monthly pledge so we can reach more people</a> </span></li>
<li><span style="font-family: Arial;"> <a href="https://secure.downsizedc.org/contribute" target="_blank">Make a one-time donation to further our work</a> </span></li>
</ul>
<p><span style="font-family: Arial;">Your support is our progress.</span></p>
<p><span style="font-family: Arial;">Jim Babka, President<br />
DownsizeDC.org, Inc. </span></p>
<p><span style="font-family: Arial;">Sources:</span></p>
<p><span style="font-family: Arial;">The Wall Street Journal writes about the sweetheart deal some Congresspersons have secured here: <a href="http://online.wsj.com/article/SB10001424052748703746604574461434007876034.html" target="_blank">http://online.wsj.com/article/SB10001424052748703746604574461434007876034.html</a></span></p>
<p><span style="font-family: Arial;"><br />
</span></p>
<p><span style="color: green;"><strong>D o w n s i z e r &#8211; D i s p a t c h</strong></span><br />
is the official email list of <a href="http://www.downsizedc.org/" target="_blank">DownsizeDC.org, Inc.</a> &amp;  <a href="http://www.downsizedc.com/" target="_blank">Downsize DC Foundation</a></p>
]]></content:encoded>
			<wfw:commentRss>http://libertymaven.com/2009/11/17/congressional-leaders-are-bribing-other-members-of-congress/8039/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Obama asks, &#8220;Who are you going to believe, me or that lying dictionary?&#8221;</title>
		<link>http://libertymaven.com/2009/11/13/obama-asks-who-are-you-going-to-believe-me-or-that-lying-dictionary/8029/</link>
		<comments>http://libertymaven.com/2009/11/13/obama-asks-who-are-you-going-to-believe-me-or-that-lying-dictionary/8029/#comments</comments>
		<pubDate>Fri, 13 Nov 2009 17:39:02 +0000</pubDate>
		<dc:creator>Mike Miller</dc:creator>
				<category><![CDATA[Big Government]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[Market Regulation]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[law]]></category>
		<category><![CDATA[abc]]></category>
		<category><![CDATA[authoritative dictionary]]></category>
		<category><![CDATA[co2 emissions]]></category>
		<category><![CDATA[congress]]></category>
		<category><![CDATA[democrats]]></category>
		<category><![CDATA[electric bills]]></category>
		<category><![CDATA[gasoline]]></category>
		<category><![CDATA[george stephanopoulos]]></category>
		<category><![CDATA[little bit]]></category>
		<category><![CDATA[middle class tax]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[personal needs]]></category>
		<category><![CDATA[politician]]></category>
		<category><![CDATA[politicians]]></category>
		<category><![CDATA[public purpose]]></category>
		<category><![CDATA[public purposes]]></category>
		<category><![CDATA[webster]]></category>
		<category><![CDATA[word games]]></category>

		<guid isPermaLink="false">http://libertymaven.com/?p=8029</guid>
		<description><![CDATA[D o w n s i z e r &#8211; D i s p a t c h
The &#8220;cap and trade&#8221; bill will supposedly limit CO2 emissions. But it&#8217;s really a giant tax increase, mostly on the middle class. This violates promises President Obama and the Democrats made to get elected. The President even wants [...]]]></description>
			<content:encoded><![CDATA[<p><span style="color: green;"><strong>D o w n s i z e r &#8211; D i s p a t c h</strong></span></p>
<hr /><span style="font-family: Arial;">The &#8220;cap and trade&#8221; bill will supposedly limit CO2 emissions. But it&#8217;s really a giant tax increase, mostly on the middle class. This violates promises President Obama and the Democrats made to get elected. The President even wants to redefine the word &#8220;tax&#8221; in order to hide the fact that he&#8217;s breaking his promise (see my letter to Congress below).<a href="https://secure.downsizedc.org/etp/campaigns/93" target="_blank">Please send Congress a letter opposing the &#8220;cap and trade&#8221; tax increase.</a></p>
<p>You can copy or borrow from my letter to write your own . . .</p>
<blockquote style="margin-right: 0px;" dir="ltr"><p>I&#8217;m tired of being lied to by scheming, busybody politicians. President Obama and the Democrats promised there would be NO new taxes on the middle class. But everywhere I look I see middle class tax increases.</p>
<p>The healthcare bill is full of them, and the cap-and-trade bill is NOTHING BUT a middle class tax increase. It will raise my gasoline and electric bills to accomplish a supposed public purpose (as defined by you guys). That&#8217;s a tax, by any definition (except a politician&#8217;s).</p>
<p>I&#8217;m tired of you guys playing fraudulent word-games to avoid responsibility for your actions. For example, I&#8217;m offended by <a href="http://abcnews.go.com/print?id=8618937" target="_blank">this ABC interview from September 20 between George Stephanopoulos and President Obama:</a></p>
<p>STEPHANOPOULOS: &#8220;I don&#8217;t think I&#8217;m making it up (that you&#8217;re going to raise taxes). Merriam Webster&#8217;s Dictionary: &#8216;Tax: a charge, usually of money, imposed by authority on persons or property for public purposes.&#8217;&#8221;</p>
<p>OBAMA: &#8220;George, the fact that you looked up Merriam&#8217;s Dictionary, the definition of tax increase, indicates to me that you&#8217;re stretching a little bit right now. Otherwise, you wouldn&#8217;t have gone to the dictionary to check on the definition.&#8221;</p>
<p>This is evidence that moral rot has taken hold with the President.</p>
<p>Does he believe that words should be defined to suit his personal needs, instead of by common usage as reflected in an authoritative dictionary?    <span id="more-8029"></span></p>
<ul>
<li>The &#8220;cap and trade&#8221; scheme is for a public purpose (as defined by you guys)</li>
<li>It will cost me more money, therefore . . .</li>
<li>It&#8217;s a tax &#8212; a tax INCREASE that the middle class will have to pay in violation of the promises we were made</li>
</ul>
<p>I know you folks don&#8217;t read your bills, and neither you nor I can be certain that your staffs are really telling you everything you ought to know about the legislation you pass, so maybe you should read <a href="http://tinyurl.com/ksnoxg" target="_blank">this post by Declan McCullagh at CBS News.</a></p>
<p>The &#8220;cap and trade&#8221; scheme could cost American families $1,761 a year &#8211; equivalent to a 15% income tax increase! Your staffs should also brief you on the European experience with &#8220;cap and trade.&#8221; It hasn&#8217;t capped emissions &#8212; they&#8217;ve grown instead. Cap-and-trade is both a failure and a tax increase.</p>
<p>Look, I have to be frugal during hard times. But I can&#8217;t do that if you guys increase my taxes. Stop breaking my budget! Scrap the &#8220;cap and tax&#8221; bill!</p></blockquote>
<p>END OF SAMPLE LETTER</p>
<p><a href="https://secure.downsizedc.org/etp/campaigns/93" target="_blank">Send your letter to Congress here.</a></p>
<p>Please take additional steps to spread the word, recruit more DC Downsizers, and increase the heat on Congress:</p>
<ul>
<li>Ask other people to send a letter to Congress &#8212; forward them this message (be sure to clip off the Dispatch footer when you do)</li>
<li>Digg this message on our Blog: <span style="font-family: Arial;"><a href="http://www.downsizedc.org/blog/cap-and-trade-obama-asks-quot-who-are-you-going-to-believe-me-or-that-lying-dictionary-quot" target="_blank">http://www.downsizedc.org/blog/cap-and-trade-obama-asks-quot-who-are-you-going-to-believe-me-or-that-lying-dictionary-quot</a></span></li>
<li>Start a monthly pledge so we can reach more people <a href="https://secure.downsizedc.org/contribute" target="_blank">https://secure.downsizedc.org/contribute</a></li>
<li>Make a one-time donation to further our work <a href="https://secure.downsizedc.org/contribute" target="_blank">https://secure.downsizedc.org/contribute</a></li>
</ul>
<p>Your support is our progress.</p>
<p>Jim Babka<br />
President<br />
DownsizeDC.org, Inc.</p>
<p></span> <span style="color: green;"><strong>D o w n s i z e r &#8211; D i s p a t c h</strong></span><br />
is the official email list of <a href="http://www.downsizedc.org/" target="_blank">DownsizeDC.org, Inc.</a> &amp;  <a href="http://www.downsizedc.com/" target="_blank">Downsize DC Foundation</a></p>
]]></content:encoded>
			<wfw:commentRss>http://libertymaven.com/2009/11/13/obama-asks-who-are-you-going-to-believe-me-or-that-lying-dictionary/8029/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>HR3962: An unprecedented attack on freedom</title>
		<link>http://libertymaven.com/2009/11/05/hr3962-an-unprecedented-attack-on-freedom/7932/</link>
		<comments>http://libertymaven.com/2009/11/05/hr3962-an-unprecedented-attack-on-freedom/7932/#comments</comments>
		<pubDate>Thu, 05 Nov 2009 15:58:07 +0000</pubDate>
		<dc:creator>Mike Miller</dc:creator>
				<category><![CDATA[Big Government]]></category>
		<category><![CDATA[Constitution]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Health Care]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[congress]]></category>
		<category><![CDATA[10th amendment]]></category>
		<category><![CDATA[9th amendment]]></category>
		<category><![CDATA[amendment protection]]></category>
		<category><![CDATA[bill hr]]></category>
		<category><![CDATA[chain restaurants]]></category>
		<category><![CDATA[constitutional protections]]></category>
		<category><![CDATA[drexel furniture]]></category>
		<category><![CDATA[economic freedom]]></category>
		<category><![CDATA[economic reasons]]></category>
		<category><![CDATA[gaping hole]]></category>
		<category><![CDATA[healthcare reform]]></category>
		<category><![CDATA[individual liberty]]></category>
		<category><![CDATA[interstate commerce]]></category>
		<category><![CDATA[low cost health]]></category>
		<category><![CDATA[nancy pelosi]]></category>
		<category><![CDATA[personal liberty]]></category>
		<category><![CDATA[private property owners]]></category>
		<category><![CDATA[tax penalties]]></category>
		<category><![CDATA[unprecedented attack]]></category>
		<category><![CDATA[vending machine]]></category>

		<guid isPermaLink="false">http://libertymaven.com/?p=7932</guid>
		<description><![CDATA[D o w n s i z e r &#8211; D i s p a t c h
Supporters of healthcare reform claim it&#8217;s about accessible and low-cost health coverage for Americans. If that were true, they&#8217;d reject Nancy Pelosi&#8217;s bill, HR 3962. Usually, critics write about the economic reasons. But there&#8217;s another huge problem . [...]]]></description>
			<content:encoded><![CDATA[<p><span style="color: green;"><strong>D o w n s i z e r &#8211; D i s p a t c h</strong></span></p>
<hr /><span style="font-family: Arial;">Supporters of healthcare reform claim it&#8217;s about accessible and low-cost health coverage for Americans. If that were true, they&#8217;d reject Nancy Pelosi&#8217;s bill, HR 3962. Usually, critics write about the economic reasons. But there&#8217;s another huge problem . . . </span></p>
<p><span style="font-family: Arial;"><strong>The bill is an unprecedented attack on personal liberty.</strong></span></p>
<p><span style="font-family: Arial;"><a href="https://secure.downsizedc.org/etp/campaigns/114" target="_blank">Please send a letter to Congress demanding they oppose Pelosi&#8217;s bill.</a></span></p>
<p><span style="font-family: Arial;">Here&#8217;s what I wrote:</span></p>
<blockquote style="margin-right: 0px;" dir="ltr"><p><span style="font-family: Arial;">HR 3962 will hamstring our finances. But it&#8217;s also full of blatant attacks on individual liberty.</span></p>
<p><span style="font-family: Arial;">For instance, chain restaurants and vending machine owners will be forced to publish calorie information on their menus. That&#8217;s not interstate commerce&#8230; unless the state line cuts through a McDonald&#8217;s counter. Congress can&#8217;t order private property owners around this way, and the Free Press clause of the First Amendment also clearly forbids this mandate. Calorie reports may be nice, but that&#8217;s outside of the government&#8217;s lawful scope.</span></p>
<p><span style="font-family: Arial;">HR 3962 also violates the broad 9th Amendment protection of individual liberty, and the 10th Amendment&#8217;s requirement that federal power be limited to only those functions listed in the Constitution. </span></p>
<p><span style="font-family: Arial;">Even though the Supreme Court has blown a gaping hole through many Constitutional protections of economic freedom &#8212; and blamed their lawlessness on the Commerce Clause power to regulate interstate commerce &#8212; it&#8217;s apparent that even this wide hole is too small for Congressional ambitions. Does anyone on Capitol Hill even know what interstate commerce is? </span></p>
<p><span style="font-family: Arial;"><span id="more-7932"></span>An example of this is the unprecedented, totalitarian attempt to force people to acquire government-approved insurance or face tax penalties. If Congress can force us to buy a particular grade of insurance, can it also force us to subscribe to &#8220;approved&#8221; newspapers? </span></p>
<p><span style="font-family: Arial;">The Supreme Court has ruled in Bailey v. Drexel Furniture (1922) that Congress can&#8217;t use the tax code to regulate behavior it doesn&#8217;t otherwise have power to regulate. </span></p>
<p><span style="font-family: Arial;">In <em>United States v. Lopez</em> (1995), <em>United States v. Morrison</em> (2000) and even <em>Gonzales v. Raich</em> (2005) the Court decreed that Congress cannot use the Commerce Clause to regulate activity that is NOT economic &#8212; such as NOT buying, NOT producing, or NOT making something. NOT buying insurance can&#8217;t be buying or making something. </span></p>
<p><span style="font-family: Arial;">That means, if you want to pay for this fancy plan, you&#8217;ll have to steal the money the old-fashioned way &#8212; a tax increase. You might want to review the matter in this Washington Post article: </span></p>
<p><span style="font-family: Arial;"><a href="http://www.washingtonpost.com/wp-dyn/content/article/2009/08/21/AR2009082103033.html" target="_blank">http://www.washingtonpost.com/wp-dyn/content/article/2009/08/21/AR2009082103033.html</a></span></p>
<p><span style="font-family: Arial;">You swore an oath to obey and protect the Constitution. Please honor that oath. I insist that you stand up on behalf of liberty and oppose this bill.</span></p></blockquote>
<p><span style="font-family: Arial;">END LETTER</span></p>
<p><span style="font-family: Arial;"><a href="https://secure.downsizedc.org/etp/campaigns/114" target="_blank">You can send your message here.</a></span></p>
<p><span style="font-family: Arial;">And then share this message with friends:</span></p>
<p><span style="font-family: Arial;"><a href="http://www.downsizedc.org/blog/pelosi-s-healthcare-bill-an-unprecedented-attack-on-personal-freedom" target="_blank">http://www.downsizedc.org/blog/pelosi-s-healthcare-bill-an-unprecedented-attack-on-personal-freedom</a></span></p>
<p><span style="font-family: Arial;">You can also keep up with DownsizeDC.org on Twitter and Facebook, where we provide links to news and commentary relevant to our campaigns plus additional interesting odds and ends.</span></p>
<p><span style="font-family: Arial;">You can follow us on Twitter here: <a href="http://twitter.com/DDCDispatch" target="_blank">http://twitter.com/DDCDispatch</a></span></p>
<p><span style="font-family: Arial;">And on Facebook here: <a href="http://www.facebook.com/pages/DownsizeDCorg/92777977517" target="_blank">http://www.facebook.com/pages/DownsizeDCorg/92777977517</a></span></p>
<p><span style="font-family: Arial;">James Wilson<br />
Assistant Communications Director<br />
DownsizeDC.org</span></p>
<p><span style="color: green;"><strong>D o w n s i z e r &#8211; D i s p a t c h</strong></span><br />
is the official email list of <a href="http://www.downsizedc.org/" target="_blank">DownsizeDC.org, Inc.</a> &amp;  <a href="http://www.downsizedc.com/" target="_blank">Downsize DC Foundation</a></p>
]]></content:encoded>
			<wfw:commentRss>http://libertymaven.com/2009/11/05/hr3962-an-unprecedented-attack-on-freedom/7932/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Inflation by Stealth</title>
		<link>http://libertymaven.com/2009/10/28/inflation-by-stealth/7849/</link>
		<comments>http://libertymaven.com/2009/10/28/inflation-by-stealth/7849/#comments</comments>
		<pubDate>Thu, 29 Oct 2009 01:50:47 +0000</pubDate>
		<dc:creator>Mike Miller</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[carbon tax]]></category>
		<category><![CDATA[corporate earnings]]></category>
		<category><![CDATA[cpi figures]]></category>
		<category><![CDATA[economic leadership]]></category>
		<category><![CDATA[education prices]]></category>
		<category><![CDATA[great depression]]></category>
		<category><![CDATA[john browne]]></category>
		<category><![CDATA[market strategist]]></category>
		<category><![CDATA[mentality]]></category>
		<category><![CDATA[money supply]]></category>
		<category><![CDATA[novice investors]]></category>
		<category><![CDATA[palpable sense]]></category>
		<category><![CDATA[perfect recipe]]></category>
		<category><![CDATA[public dollars]]></category>
		<category><![CDATA[rallying point]]></category>
		<category><![CDATA[stable prices]]></category>
		<category><![CDATA[talking heads]]></category>
		<category><![CDATA[trillions]]></category>

		<guid isPermaLink="false">http://libertymaven.com/?p=7849</guid>
		<description><![CDATA[by John Browne &#8211; Senior Market Strategist, Euro Pacific Capital
Over the past two years, the federal government and the Federal Reserve have dispersed trillions of public dollars, run up enormous deficits, and kept interest rates at zero. In just about any economic textbook, this combination of policies would be described as the perfect recipe for [...]]]></description>
			<content:encoded><![CDATA[<p><em><img class="alignright" style="margin-left:15px; margin-bottom:10px;" title="John Browne" src="http://libertymaven.com/images/JohnBrowne.png" alt="" width="150" height="150" />by John Browne &#8211; Senior Market Strategist, Euro Pacific Capital</em></p>
<p>Over the past two years, the federal government and the Federal Reserve have dispersed trillions of public dollars, run up enormous deficits, and kept interest rates at zero. In just about any economic textbook, this combination of policies would be described as the perfect recipe for inflation. Yet, with the exception of the usual increases in health care and education, prices by and large are not rising. Many have concluded that our economic leadership has simply outsmarted the textbooks.</p>
<p>The benign CPI figures are serving as a rallying point behind which the financial talking-heads are forming a parade of optimism. The low CPI is their &#8216;proof&#8217; that inflation is not a pressing concern. This view is two dimensional.</p>
<p>Inflation is classically described simply as an increase in the money supply. Although these changes will impact price levels, it doesn&#8217;t necessarily follow that prices will rise when inflation is high. Instead, inflation may merely result in stable prices at a time when prices would otherwise be falling.</p>
<p>In the popular mentality, however, inflation is simply defined as prices rising. After decades of steadily rising prices, people seem to have forgotten that prices sometimes fall. In light of the bursting of a number of record-breaking, government-fueled asset bubbles, prices should be declining across the board (as they did in the Great Depression). The fact that prices are stable, or have even rallied in some sectors, indicates that inflation is already spreading across the economy.</p>
<p><span id="more-7849"></span>After falling to just 6,547 in the months after the crash, the Dow has rallied past the 10,000 mark. This should strike even novice investors as unjustified. Jobs are still being lost, a massive healthcare entitlement and carbon tax are winding through Congress, and no one with at least one foot in the real world has a palpable sense of imminent recovery. Corporate earnings have fallen far behind the rally in shares prices, stretching valuation multiples to pre-crash levels.</p>
<p>While not quite as frothy, home prices are now moving up for all the wrong reasons. The seminal Case-Shiller Index of home prices is now up for the fourth month in a row. The index&#8217;s designer, Professor Robert Shiller, has stated recently that the current upward trajectory is unsustainable. In fact, the levels are still above the 50 and 100 year trend lines.</p>
<p>In the worst economic climate since the Great Depression, and after the largest housing bust on memory, single-family home prices should be falling well below the trend lines. But with a doubling of the monetary base and special interest programs like the homebuyers&#8217; tax credit, home prices have stabilized and even increased in some markets. That&#8217;s the work of inflation.</p>
<p>With GDP growth now returning to positive territory, many inflation hawks ask why inflation has yet to truly manifest. The explanation can be found in the difference between monetary base and money supply.</p>
<p>The latest $1.9 trillion injection of government money was composed of some $900 billion of stimulus, of which only about 20 percent has been distributed. However, in its attempts to stabilize the financial system, the government has already spent some $1 trillion of TARP-type funds.</p>
<p>The TARP money, financed by an increase in the monetary base, has been provided to the banks at zero cost. And for the first time ever, the Fed is paying interest on bank reserves. Therefore, the banks can loan money to the Fed and to the government, via Treasury securities, at an interest rate spread of some 3 to 4 percent without risk. Given these incentives, it makes no sense to loan to anybody else. So, despite a massive increase in the monetary base, credit remains tight and price levels flat.</p>
<p>However, if the Fed stops paying interest on bank reserves or otherwise &#8216;persuades&#8217; the banks to lend, the $1 trillion will be leveraged up by the banks and spewed out into the economy. Fractional reserve banking will transform a $1 trillion monetary base injection into a $9 trillion increase in money supply. When that happens, prices for everything will go through the roof.</p>
<p>So for now, inflation is like a ninja stalking our economy. It&#8217;s lurking in the shadows but can&#8217;t easily be seen. But once its strikes, it will be fast and deadly.</p>
<p>For a more in-depth analysis of our financial problems and the inherent dangers they pose for the U.S. economy and U.S. dollar, read Peter Schiff&#8217;s 2008 bestseller <strong><em>&#8220;The Little Book of Bull Moves in Bear Markets&#8221;</em></strong> and his newest release <strong><em>&#8220;Crash Proof 2.0: How to Profit from the Economic Collapse.&#8221;</em></strong> <a href="http://rs6.net/tn.jsp?et=1102792785685&amp;s=774&amp;e=001u2g_EODMMj3WoM-p3OiYminj0gxPMB7D8nfdNrgHgvO4twQqCKekGKeyuz0g0MoJxUtJQR0XWsvQs9LZoAjV2xyu06ClQrd06bejnKU5G-LDEGQQZMocNYekM6JrrJVe" target="_blank">Click here to learn more</a>.</p>
<p>More importantly, don&#8217;t let the great deals pass you by. Get an inside view of Peter&#8217;s playbook with his new Special Report, <strong>&#8220;Peter Schiff&#8217;s Five Favorite Investment Choices for the Next Five Years.&#8221;</strong> <a href="http://rs6.net/tn.jsp?et=1102792785685&amp;s=774&amp;e=001u2g_EODMMj2W8Yze2moGw24DUH0_tnFGbBGuWFkxDIL2nXTggZtBBvAzG8-t7VDJ4OtHtqLnCBKJhZ2IDY40Fxcj-SXVsVHjYVA2gZVWViZR7XV7_9aP8v1k7WJG09pkdnhPr471nZFjd3lPhYcqFEHiMhkXXgyMx9qxq3xkq2E=" target="_blank">Click here to dowload the report for free</a>. You can find more free services for global investors, and learn about the Euro Pacific advantage, at <a href="http://rs6.net/tn.jsp?et=1102792785685&amp;s=774&amp;e=001u2g_EODMMj3BX860y7zFhJTmYdqP_H4swLfQl1ytRiWQOljtu0J5cIAozZpyePjBWC0QGPiONmecuJBR8MD4RZ11WgmzGPnT6qClq9acHiLGP-zjU4bRtQ==" target="_blank">www.europac.net</a>.</p>
]]></content:encoded>
			<wfw:commentRss>http://libertymaven.com/2009/10/28/inflation-by-stealth/7849/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Media Litmus Test</title>
		<link>http://libertymaven.com/2009/10/21/media-litmus-test/7804/</link>
		<comments>http://libertymaven.com/2009/10/21/media-litmus-test/7804/#comments</comments>
		<pubDate>Wed, 21 Oct 2009 20:48:00 +0000</pubDate>
		<dc:creator>Mike Miller</dc:creator>
				<category><![CDATA[Banking]]></category>
		<category><![CDATA[Election]]></category>
		<category><![CDATA[FOX news]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Market Regulation]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[disgust]]></category>
		<category><![CDATA[expressive freedom]]></category>
		<category><![CDATA[first nine months]]></category>
		<category><![CDATA[g w bush]]></category>
		<category><![CDATA[government panel]]></category>
		<category><![CDATA[guise]]></category>
		<category><![CDATA[investment bankers]]></category>
		<category><![CDATA[john browne]]></category>
		<category><![CDATA[market strategist]]></category>
		<category><![CDATA[media outlets]]></category>
		<category><![CDATA[military commitment]]></category>
		<category><![CDATA[nobel committee]]></category>
		<category><![CDATA[prerequisite]]></category>
		<category><![CDATA[presidential elections]]></category>
		<category><![CDATA[primary source]]></category>
		<category><![CDATA[quagmire]]></category>
		<category><![CDATA[rectitude]]></category>
		<category><![CDATA[taxpayer funds]]></category>
		<category><![CDATA[wishful thinking]]></category>

		<guid isPermaLink="false">http://libertymaven.com/?p=7804</guid>
		<description><![CDATA[by John Browne &#8211; Senior Market Strategist, Euro Pacific Capital
In a small bit of Washington irony, a government panel convened this week under the guise of ensuring &#8216;expressive freedom&#8217; on the Internet, while at the same time the Obama Administration put Fox News on notice that ideological rectitude would be a prerequisite for White House [...]]]></description>
			<content:encoded><![CDATA[<p><em><img class="alignright" style="margin-left: 15px; margin-bottom: 10px;" title="John Browne" src="http://libertymaven.com/images/JohnBrowne.png" alt="" width="150" height="150" />by John Browne &#8211; Senior Market Strategist, Euro Pacific Capital</em></p>
<p>In a small bit of Washington irony, a government panel convened this week under the guise of ensuring &#8216;expressive freedom&#8217; on the Internet, while at the same time the Obama Administration put Fox News on notice that ideological rectitude would be a prerequisite for White House engagement.</p>
<p>This heightened wrangling with the media comes at a time when ordinary Americans are rapidly becoming disillusioned with the major parties. Their disgust is evident in innumerable web discussion sites that, for many, have replaced the major media outlets as the primary source of information. In its focus to keep control of the conversation, the Administration is seeking to disguise the fact that the &#8216;change&#8217; Mr. Obama promised in the election is unlikely to materialize.</p>
<p>Wishful thinking of the Nobel committee aside, what we have seen thus far from Obama is simply more of what had been delivered by the prior administration.</p>
<p>Obama renewed our military commitment to the quagmire that is Afghanistan. But he is hesitating now that the United Nations has uncovered fraud in the recent presidential elections there. Whether or not one believes the war is winnable, this type of hollow chest-pounding did not help anyone under G. W. Bush, and will not under Obama.</p>
<p><span id="more-7804"></span>Domestically, Obama has re-enforced the doctrine of &#8216;too big to fail,&#8217; which essentially involves &#8217;socializing&#8217; the costs of reckless Wall Street failures while &#8216;privatizing&#8217; the gains made through their use of taxpayer funds. As a result of this policy, elite investment bankers are now seeing bonuses that rival those at the bubble&#8217;s peak. As an answer to Bush&#8217;s publicly funded rescue of GM and Chrysler, Obama gave some $10 billion to the very trade union that had brought Detroit to its knees. In the first nine months of his Administration, Obama has increased the Treasury debt by some 20 percent to almost 100 percent of GDP, or a staggering $12 trillion dollars.</p>
<p>Even facing the vast $104 trillion of additional, &#8216;off-balance sheet&#8217; government obligations, Obama is pushing ahead with a new Health Bill. This is not even a populist measure, as most Americans are sensibly standing in opposition to this attempt to bankrupt their country. The legislative momentum is wholly provided by a small ideological core of Democrats at the expense of the greater good, a pattern set by Bush and his zealous Republican base.</p>
<p>It is becoming clear, even to Democrats, that Obama doesn&#8217;t aim to implement better policies, but to make the public feel better about the same old policies.</p>
<p>Unfortunately for the President, America is a free enterprise, capitalist and right-of-center country that does not take naturally to socialist policies. What is so concerning is that rather than learning this lesson, the White House is trying to silence the voices of opposition.</p>
<p>It is widely accepted that a free press will foster a healthy and vibrant cross section of views. While it is clearly susceptible to hyperbole, Fox News has nevertheless been instrumental in exposing the radical, socialist and even communist backgrounds of a surprising number of advisers and unelected officials close to the President. Their efforts in this regard have served the public.</p>
<p>These revelations about left-of-center tendencies would not have been damaging if the public were indeed in a mood to be led by leftists. If that were the case, the Administration would have dismissed Fox News as a network for conservatives to gripe to themselves. Perhaps the official uproar indicates Obama has noticed that some 50 percent of the Fox News audience is composed of Democrats and Independents.</p>
<p>Certainly, no credence can be given to the official position that the Administration is opposed to deliberate bias. On the other side of the aisle, MSNBC is just as partisan as Fox News, and in many ways functions as the media arm of the Democratic National Committee. Yet the President does not spar with that network. Perhaps he is attacking Fox News in response to MSNBC&#8217;s dismally low ratings, proof that the latter network really is just a forum for socialists to gripe to themselves.</p>
<p>At its core, this issue transcends left-right bickering. Politicians across the spectrum are feeling increasingly threatened by an unregulated media. The media is more accountable to the public than politicians, as ratings are measured in real-time, not election cycles. Fox News is benefiting from the reality that Americans believe in limited government, lower taxes, unhampered enterprise and personal responsibility. Although both parties pay lip service to these ideals, their actions reflect a clear belief in more control, less freedom and bigger government. This has led to a deep voter frustration and disenchantment with the two major parties.</p>
<p>It&#8217;s common sense that if the President wants to regain voters&#8217; trust, the answer is to listen to their concerns. If investors are moving their wealth overseas, the answer is to become more competitive at home. This feud with Fox News shows that the President has not yet heeded this advice, and, really, would rather not hear it.</p>
<p>For a more in-depth analysis of our financial problems and the inherent dangers they pose for the U.S. economy and U.S. dollar, read Peter Schiff&#8217;s 2008 bestseller <strong><em>&#8220;The Little Book of Bull Moves in Bear Markets&#8221;</em></strong> and his newest release <strong><em>&#8220;Crash Proof 2.0: How to Profit from the Economic Collapse.&#8221;</em></strong> <a href="http://rs6.net/tn.jsp?et=1102778620775&amp;s=774&amp;e=001UUGYMgmz-GmTS8MVPNQzavjzq1efI6IpkKGKq_ODE_sFbLxe1dkBVae61e2ucwtnWXUPHysE24i_gkOjQp8CVkl0R2DStv5jDqYwO6drAm-2nQdBlFx199y3_grzti2R" target="_blank">Click here to learn more</a>.</p>
<p>More importantly, don&#8217;t let the great deals pass you by. Get an inside view of Peter&#8217;s playbook with his new Special Report, <strong>&#8220;Peter Schiff&#8217;s Five Favorite Investment Choices for the Next Five Years.&#8221;</strong> <a href="http://rs6.net/tn.jsp?et=1102778620775&amp;s=774&amp;e=001UUGYMgmz-GnxSIPNLhnprqhufmcDmtnzV40RZLCChTQjyyz_oYgbH4_HuaSx7NxgH66mr3A7vZ2Lzw2NF_CqiqNWCm5378bJIZEVGe0dvRbE2t3Mn0gd3lk8cU7XxsRAaIIxUHnnp9Sq6CMxouwTX8Uxm-LBGMjS042szmlU1tI=" target="_blank">Click here to dowload the report for free</a>. You can find more free services for global investors, and learn about the Euro Pacific advantage, at <a href="http://rs6.net/tn.jsp?et=1102778620775&amp;s=774&amp;e=001UUGYMgmz-Gn8c7NyEuBy94MP2gDoMc8Ye7KXTX-EkcchRdoW-MHfoZ-grPwEjTJ75fRkzdVkee_8XG1Vs3h5O8SPeHuJ3m-fsWkkUXsbGoj4OTgAQYWHjQ==" target="_blank">www.europac.net</a>.</p>
]]></content:encoded>
			<wfw:commentRss>http://libertymaven.com/2009/10/21/media-litmus-test/7804/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Obama is not FDR, Obama is Hoover</title>
		<link>http://libertymaven.com/2009/10/04/obama-is-not-fdr-obama-is-hoover/7572/</link>
		<comments>http://libertymaven.com/2009/10/04/obama-is-not-fdr-obama-is-hoover/7572/#comments</comments>
		<pubDate>Sun, 04 Oct 2009 04:38:33 +0000</pubDate>
		<dc:creator>Marc Gallagher</dc:creator>
				<category><![CDATA[Big Government]]></category>
		<category><![CDATA[Constitution]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Free Market]]></category>
		<category><![CDATA[History]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Market Regulation]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[price controls]]></category>
		<category><![CDATA[barack obama]]></category>
		<category><![CDATA[economics club]]></category>
		<category><![CDATA[fdr]]></category>
		<category><![CDATA[fff web]]></category>
		<category><![CDATA[freedom foundation]]></category>
		<category><![CDATA[future of freedom]]></category>
		<category><![CDATA[george mason university]]></category>
		<category><![CDATA[herbert hoover]]></category>
		<category><![CDATA[judge napolitano]]></category>
		<category><![CDATA[last friday]]></category>
		<category><![CDATA[robert higgs]]></category>

		<guid isPermaLink="false">http://libertymaven.com/?p=7572</guid>
		<description><![CDATA[What an interesting discussion Judge Napolitano had with the wonderful Robert Higgs on Freedom Watch last Friday.  They discuss how Barack Obama is more easily compared to Herbert Hoover than FDR.

Speaking of Robert Higgs, he will deliver a lecture on Monday evening at George Mason University. The event is free and is hosted by the [...]]]></description>
			<content:encoded><![CDATA[<p>What an interesting discussion Judge Napolitano had with the wonderful Robert Higgs on Freedom Watch last Friday.  They discuss how Barack Obama is more easily compared to Herbert Hoover than FDR.</p>
<p><object id="mediumFlashEmbedded" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="305" height="275" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="name" value="FOX News" /><param name="bgcolor" value="#000000" /><param name="flashvars" value="playerId=011008&amp;playerTemplateId=fncLargePlayer&amp;categoryTitle=undefined&amp;referralObject=10297053" /><param name="src" value="http://foxnews1.a.mms.mavenapps.net/mms/rt/1/site/foxnews1-foxnews-pub01-live/current/largeplayer011008/fncLargePlayer/client/embedded/embedded.swf" /><param name="wmode" value="false" /><param name="allowfullscreen" value="true" /><param name="quality" value="high" /><embed id="mediumFlashEmbedded" type="application/x-shockwave-flash" width="305" height="275" src="http://foxnews1.a.mms.mavenapps.net/mms/rt/1/site/foxnews1-foxnews-pub01-live/current/largeplayer011008/fncLargePlayer/client/embedded/embedded.swf" quality="high" allowfullscreen="true" wmode="false" flashvars="playerId=011008&amp;playerTemplateId=fncLargePlayer&amp;categoryTitle=undefined&amp;referralObject=10297053" bgcolor="#000000" name="FOX News"></embed></object></p>
<p>Speaking of Robert Higgs, he will deliver a lecture on Monday evening at George Mason University. The event is free and is hosted by the Mason Economics Club and the Future of Freedom Foundation. <a href="http://www.fff.org/whatsNew/index.asp">For more details see the FFF web site and scroll down to the events section</a>.</p>
]]></content:encoded>
			<wfw:commentRss>http://libertymaven.com/2009/10/04/obama-is-not-fdr-obama-is-hoover/7572/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Ready to pay a VAT along with your income (and other) taxes?</title>
		<link>http://libertymaven.com/2009/10/03/ready-to-pay-a-vat-along-with-your-income-and-other-taxes/7569/</link>
		<comments>http://libertymaven.com/2009/10/03/ready-to-pay-a-vat-along-with-your-income-and-other-taxes/7569/#comments</comments>
		<pubDate>Sun, 04 Oct 2009 00:21:05 +0000</pubDate>
		<dc:creator>Mike Miller</dc:creator>
				<category><![CDATA[Big Government]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[national debt]]></category>
		<category><![CDATA[cnn]]></category>
		<category><![CDATA[cnnmoney]]></category>
		<category><![CDATA[consumption]]></category>
		<category><![CDATA[federal income tax]]></category>
		<category><![CDATA[fiscal policy]]></category>
		<category><![CDATA[income households]]></category>
		<category><![CDATA[lawmakers]]></category>
		<category><![CDATA[national sales tax]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[pledge]]></category>
		<category><![CDATA[pockets]]></category>
		<category><![CDATA[policy experts]]></category>
		<category><![CDATA[ponies]]></category>
		<category><![CDATA[pottery classes]]></category>
		<category><![CDATA[retail customer]]></category>
		<category><![CDATA[sales tax]]></category>
		<category><![CDATA[sales taxes]]></category>
		<category><![CDATA[school books]]></category>
		<category><![CDATA[sweaters]]></category>
		<category><![CDATA[vat]]></category>

		<guid isPermaLink="false">http://libertymaven.com/?p=7569</guid>
		<description><![CDATA[It wasn&#8217;t that long ago that it was considered unthinkable that our government, with all its confiscatory taxes at various levels (local, state, federal) would also impose a national sales taxes on all goods, but that&#8217;s exactly what&#8217;s being proposed at the highest levels.  They are desperate.  Get ready to pay more.
NEW YORK (CNNMoney.com) &#8212; [...]]]></description>
			<content:encoded><![CDATA[<p>It wasn&#8217;t that long ago that it was considered unthinkable that our government, with all its confiscatory taxes at various levels (local, state, federal) would also impose a national sales taxes on all goods, but that&#8217;s exactly what&#8217;s being proposed at the highest levels.  They are desperate.  Get ready to pay more.</p>
<blockquote><p><em>NEW YORK (CNNMoney.com) &#8212; President Obama has been steadfast in his pledge that he won&#8217;t raise taxes on those making less than $250,000. But that doesn&#8217;t mean only high-income households will be subject to higher taxes.</em></p>
<p><em>An increasing number of influential Democrats and fiscal-policy experts have signaled that lawmakers will have to get a handle on the deficit. And they recommend seriously considering the creation of a value-added tax (VAT) on top of the federal income tax.</em></p>
<p><em>That could mean more money out of everyone&#8217;s pockets when buying virtually anything &#8212; sweaters, school books, furniture, pottery classes, dinners out.</em></p>
<p><em>A VAT is tax on consumption similar to a national sales tax. But it&#8217;s not just paid at the cash register. It&#8217;s levied at every stage of production. So all businesses involved in making a product or performing a service would pay a VAT. And then the end-user &#8212; such as the retail customer &#8212; ponies up as well.</em></p></blockquote>
<p><a href="http://money.cnn.com/2009/10/01/news/economy/new_tax_needed/index.htm" target="_self">Continue reading the article at cnn.com</a>.</p>
]]></content:encoded>
			<wfw:commentRss>http://libertymaven.com/2009/10/03/ready-to-pay-a-vat-along-with-your-income-and-other-taxes/7569/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Ron Paul and Glenn Beck discuss America&#8217;s future</title>
		<link>http://libertymaven.com/2009/09/30/ron-paul-and-glenn-beck-discuss-americas-future/7519/</link>
		<comments>http://libertymaven.com/2009/09/30/ron-paul-and-glenn-beck-discuss-americas-future/7519/#comments</comments>
		<pubDate>Wed, 30 Sep 2009 15:08:16 +0000</pubDate>
		<dc:creator>Marc Gallagher</dc:creator>
				<category><![CDATA[Civil Liberties]]></category>
		<category><![CDATA[Constitution]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Foreign Policy]]></category>
		<category><![CDATA[Free Market]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Market Regulation]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Ron Paul]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[congress]]></category>
		<category><![CDATA[government spending]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[afghanistan]]></category>
		<category><![CDATA[end the fed]]></category>
		<category><![CDATA[glenn beck]]></category>
		<category><![CDATA[prognostication]]></category>
		<category><![CDATA[Radio]]></category>

		<guid isPermaLink="false">http://libertymaven.com/?p=7519</guid>
		<description><![CDATA[Glenn Beck had Ron Paul on his radio show this morning to discuss Paul&#8217;s new book &#8220;End the Fed&#8220;. The discussion turned toward predicting what America will look like within the next 3-5 years. Unsurprisingly both Beck and Paul do not have a rosy prognostication. In fact their discussion was downright scary.
The discussion lasts about [...]]]></description>
			<content:encoded><![CDATA[<p>Glenn Beck had Ron Paul on his radio show this morning to discuss Paul&#8217;s new book &#8220;<a href="http://www.amazon.com/gp/product/0446549193?ie=UTF8&#038;tag=escapineffblo-20&#038;linkCode=as2&#038;camp=1789&#038;creative=390957&#038;creativeASIN=0446549193">End the Fed</a><img src="http://www.assoc-amazon.com/e/ir?t=escapineffblo-20&#038;l=as2&#038;o=1&#038;a=0446549193" width="1" height="1" border="0" alt="" style="border:none !important; margin:0px !important;" />&#8220;. The discussion turned toward predicting what America will look like within the next 3-5 years. Unsurprisingly both Beck and Paul do not have a rosy prognostication. In fact their discussion was downright scary.</p>
<p>The discussion lasts about 14 minutes. Following the interview Beck reiterates that he doesn&#8217;t agree with Ron Paul on some things, but when it comes to the Fed Glenn says he is &#8220;Dead Right.&#8221; Following that Beck goes into a discussion on foreign policy as it relates to Afghanistan.</p>
<p>Listen to the audio below.</p>
<p><a href="http://libertymaven.com/audio/rp-beck-endthefed-09302009.mp3">Download audio file (rp-beck-endthefed-09302009.mp3)</a></p>
]]></content:encoded>
			<wfw:commentRss>http://libertymaven.com/2009/09/30/ron-paul-and-glenn-beck-discuss-americas-future/7519/feed/</wfw:commentRss>
		<slash:comments>21</slash:comments>
		</item>
		<item>
		<title>Alexander Hamilton, arguably the worst of the founding fathers</title>
		<link>http://libertymaven.com/2009/09/25/alexander-hamilton-arguably-the-worst-of-the-founding-fathers/7475/</link>
		<comments>http://libertymaven.com/2009/09/25/alexander-hamilton-arguably-the-worst-of-the-founding-fathers/7475/#comments</comments>
		<pubDate>Fri, 25 Sep 2009 19:08:55 +0000</pubDate>
		<dc:creator>Mike Miller</dc:creator>
				<category><![CDATA[Banking]]></category>
		<category><![CDATA[Big Government]]></category>
		<category><![CDATA[Constitution]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[History]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Market Regulation]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[congress]]></category>
		<category><![CDATA[government spending]]></category>
		<category><![CDATA[law]]></category>
		<category><![CDATA[states rights]]></category>
		<category><![CDATA[thomas dilorenzo]]></category>
		<category><![CDATA[american consumers]]></category>
		<category><![CDATA[clauses]]></category>
		<category><![CDATA[economic nationalism]]></category>
		<category><![CDATA[economic significance]]></category>
		<category><![CDATA[egomaniac]]></category>
		<category><![CDATA[federalist]]></category>
		<category><![CDATA[followers]]></category>
		<category><![CDATA[freedom foundation]]></category>
		<category><![CDATA[future of freedom]]></category>
		<category><![CDATA[george c leef]]></category>
		<category><![CDATA[inherent powers]]></category>
		<category><![CDATA[intellectual game]]></category>
		<category><![CDATA[mercantilism]]></category>
		<category><![CDATA[obsession]]></category>
		<category><![CDATA[political boundaries]]></category>
		<category><![CDATA[powers of congress]]></category>
		<category><![CDATA[protective tariffs]]></category>
		<category><![CDATA[ron smith]]></category>
		<category><![CDATA[rundown]]></category>

		<guid isPermaLink="false">http://libertymaven.com/?p=7475</guid>
		<description><![CDATA[One book near the top of my must-read list is Thomas DiLorenzo&#8217;s Hamilton&#8217;s Curse.  Having previously read The Real Lincoln and listened to DiLorenzo speak in person and on talk shows like Baltimore&#8217;s Ron Smith Show, I am already a fan.  Today at the Future of Freedom Foundation, George C. Leef references DiLorenzo&#8217;s book as [...]]]></description>
			<content:encoded><![CDATA[<p>One book near the top of my must-read list is Thomas DiLorenzo&#8217;s <a href="http://www.amazon.com/gp/product/0307382842?ie=UTF8&amp;tag=escapineffblo-20&amp;linkCode=as2&amp;camp=1789&amp;creative=390957&amp;creativeASIN=0307382842" target="_blank"><em>Hamilton&#8217;s Curse</em></a>.  Having previously read <a href="http://www.amazon.com/gp/product/0761526463?ie=UTF8&amp;tag=escapineffblo-20&amp;linkCode=as2&amp;camp=1789&amp;creative=390957&amp;creativeASIN=0761526463" target="_blank"><em>The Real Lincoln</em></a> and listened to DiLorenzo speak in person and on talk shows like Baltimore&#8217;s <a href="http://wbal.com/shows/smith/" target="_blank">Ron Smith Show</a>, I am already a fan.  Today at the <em><a href="http://www.fff.org/freedom/fd0906f.asp" target="_blank">Future of Freedom Foundation</a></em>, George C. Leef references DiLorenzo&#8217;s book as he gives his own scathing rundown of how Hamilton and his legacy has greatly ruined this country.  Here&#8217;s a small piece:</p>
<blockquote><p><em>&#8230;Hamilton looks pleasant enough in his portrait on our $10 bill, but he was an arrogant egomaniac. </em></p>
<p><em> Hamilton was a determined opponent of Jefferson’s laissez-faire philosophy at every turn. When it came to trade, he demanded high protective tariffs because he thought, in the mercantilistic tradition, that if a nation produced “its own” goods rather than purchasing them from “other countries” it would become stronger. Mercantilism was inseparable from economic nationalism — the foolish and destructive idea that political boundaries have great economic significance. (We still suffer grievously from this idiocy, of course.) Individual American consumers would be harmed by artificially high prices for items they might have bought less expensively from producers in other countries, but Hamilton was not concerned about the problems of individuals. His obsession was with “strengthening” the nation. </em></p>
<p><em> In the early years of the United States, Hamilton battled against Jefferson’s reading of the Constitution as placing severe limits on federal authority. To Hamilton and his Federalist allies, the wording of the Constitution, especially the enumerated powers of Congress, meant nothing more than an intellectual game of trying to invent interpretations that gave the government “inherent” powers that it was not specifically given. Contrary to the sensible, restrictive reading of the Constitution defended by Jefferson, Hamilton insisted that the General Welfare and Commerce Clauses were meant to give the federal government almost limitless powers. </em></p></blockquote>
<p>Leef then goes on to discuss the traitorous presidencies of Lincoln, Roosevelt, and disasters in the form of the 17th Amendment, the income tax, and the Federal Reserve Act.  I highly recommend reading the <a href="http://www.fff.org/freedom/fd0906f.asp">entire article</a>.</p>
]]></content:encoded>
			<wfw:commentRss>http://libertymaven.com/2009/09/25/alexander-hamilton-arguably-the-worst-of-the-founding-fathers/7475/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Ron Paul TIME Magazine Interview</title>
		<link>http://libertymaven.com/2009/09/18/ron-paul-time-magazine-interview/7314/</link>
		<comments>http://libertymaven.com/2009/09/18/ron-paul-time-magazine-interview/7314/#comments</comments>
		<pubDate>Fri, 18 Sep 2009 04:17:06 +0000</pubDate>
		<dc:creator>Marc Gallagher</dc:creator>
				<category><![CDATA[Big Government]]></category>
		<category><![CDATA[Drugs]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Ron Paul]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[government spending]]></category>
		<category><![CDATA[gop]]></category>
		<category><![CDATA[opponents]]></category>
		<category><![CDATA[time magazine interview]]></category>

		<guid isPermaLink="false">http://libertymaven.com/?p=7314</guid>
		<description><![CDATA[Ron Paul answers questions in a video with Time Magazine. They cover several topics including the treatment he received from the media and his GOP opponents during the campaign of 2007 and 2008.

]]></description>
			<content:encoded><![CDATA[<p>Ron Paul answers questions in a video with Time Magazine. They cover several topics including the treatment he received from the media and his GOP opponents during the campaign of 2007 and 2008.</p>
<p><!-- Smart Youtube --><span class="youtube"><object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/v75fgTNwPlY&amp;rel=0&amp;color1=234900&amp;color2=4e9e00&amp;border=0&amp;fs=1&amp;hl=en&amp;autoplay=0&amp;showinfo=0&amp;iv_load_policy=3&amp;showsearch=0" /><param name="allowFullScreen" value="true" /><embed wmode="transparent" src="http://www.youtube.com/v/v75fgTNwPlY&amp;rel=0&amp;color1=234900&amp;color2=4e9e00&amp;border=0&amp;fs=1&amp;hl=en&amp;autoplay=0&amp;showinfo=0&amp;iv_load_policy=3&amp;showsearch=0" type="application/x-shockwave-flash" allowfullscreen="true" width="425" height="355" ></embed><param name="wmode" value="transparent" /></object></span><a href="http://www.youtube.com/watch?v=v75fgTNwPlY"><img src="http://img.youtube.com/vi/v75fgTNwPlY/default.jpg" width="130" height="97" border=0></a></p>
]]></content:encoded>
			<wfw:commentRss>http://libertymaven.com/2009/09/18/ron-paul-time-magazine-interview/7314/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>The Dukes of Moral Hazard: Bernanke and Geithner</title>
		<link>http://libertymaven.com/2009/09/04/the-dukes-of-moral-hazard-bernanke-and-geithner/7059/</link>
		<comments>http://libertymaven.com/2009/09/04/the-dukes-of-moral-hazard-bernanke-and-geithner/7059/#comments</comments>
		<pubDate>Fri, 04 Sep 2009 12:15:36 +0000</pubDate>
		<dc:creator>Marc Gallagher</dc:creator>
				<category><![CDATA[Activism]]></category>
		<category><![CDATA[Bailouts]]></category>
		<category><![CDATA[Big Government]]></category>
		<category><![CDATA[Books]]></category>
		<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Free Market]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Market Regulation]]></category>
		<category><![CDATA[Maven Commentary]]></category>
		<category><![CDATA[Ron Paul]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[government spending]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[alan greenspan]]></category>
		<category><![CDATA[bernanke]]></category>
		<category><![CDATA[cool kids]]></category>
		<category><![CDATA[deeper understanding]]></category>
		<category><![CDATA[economic mess]]></category>
		<category><![CDATA[geithner]]></category>
		<category><![CDATA[general lee]]></category>
		<category><![CDATA[housing bubble]]></category>
		<category><![CDATA[income tax]]></category>
		<category><![CDATA[intrusion]]></category>
		<category><![CDATA[life hell]]></category>
		<category><![CDATA[maestro]]></category>
		<category><![CDATA[money printing]]></category>
		<category><![CDATA[moral hazard]]></category>
		<category><![CDATA[perpetual growth]]></category>
		<category><![CDATA[persuasive arguments]]></category>
		<category><![CDATA[public scorn]]></category>

		<guid isPermaLink="false">http://libertymaven.com/?p=7059</guid>
		<description><![CDATA[Alan Greenspan has been dubbed &#8220;The Maestro&#8221;, but of what? He became what he once despised. He &#8220;sold out&#8221;. He&#8217;s the geeky kid who just wanted to have all the cool kids like him. So he did what they wanted rather than what was morally responsible.
It turns out he was not much more than the [...]]]></description>
			<content:encoded><![CDATA[<p>Alan Greenspan has been dubbed &#8220;The Maestro&#8221;, but of what? He became what he once despised. He &#8220;sold out&#8221;. He&#8217;s the geeky kid who just wanted to have all the cool kids like him. So he did what they wanted rather than what was morally responsible.</p>
<p>It turns out he was not much more than the architect of the housing bubble which contributed greatly to the economic mess we are suffering through right now. He was the maestro of moral hazard.</p>
<p>Greenspan&#8217;s successor, along with his partner in the Treasury are traipsing down the same path. Bernanke and Geithner are the Dukes of Moral Hazard. Bernanke is Luke and Geithner is Bo.</p>
<p><a href="http://libertymaven.com/wp-content/uploads/domh.jpg"><img class="size-full wp-image-7118 alignnone" title="domh" src="http://libertymaven.com/wp-content/uploads/domh.jpg" alt="domh" width="300" height="353" /></a></p>
<p>While they tinker with the economy (General Lee) they are making life hell for the rest of us. We are a bunch of Rosco P. Coltranes to them.</p>
<p><a href="http://libertymaven.com/wp-content/uploads/rosco.jpg"><img class="size-full wp-image-7119 alignnone" title="rosco" src="http://libertymaven.com/wp-content/uploads/rosco.jpg" alt="rosco" width="239" height="296" /></a></p>
<p>What is this <a title="WTF Is Moral Hazard?" href="http://en.wikipedia.org/wiki/Moral_hazard" target="_self">moral hazard</a> that I speak of?</p>
<p><strong>Moral hazard</strong> is the prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk.</p>
<p>So the Dukes continue their bailouts, money printing, and money laundering just to keep the moral hazard government-sponsored Ponzi scheme afloat.</p>
<p>Meanwhile the dollars we are left with purchase less with every passing day. This is how our dearly beloved government can utilize the hidden tax of inflation to raise taxes. And they can do it without major public scorn since most do not understand that inflation is as evil a tax as the income tax.</p>
<p>There are a few things we can do to help people understand. First, make sure you contact your representative and request they cosponsor HR1207 or S604 to audit the Fed. Next, read Ron Paul&#8217;s newly released book, &#8220;<a href="http://www.amazon.com/gp/product/0446549193?ie=UTF8&amp;tag=escapineffblo-20&amp;linkCode=as2&amp;camp=1789&amp;creative=390957&amp;creativeASIN=0446549193">End the Fed</a><img style="border:none !important; margin:0px !important;" src="http://www.assoc-amazon.com/e/ir?t=escapineffblo-20&amp;l=as2&amp;o=1&amp;a=0446549193" border="0" alt="" width="1" height="1" />&#8220;. It will give you a deeper understanding of The Federal Reserve and arm you with persuasive arguments for abolishing it. Paul effectively ties the Fed to the general persistent growth of government and its intrusion in our lives.</p>
<p>With the Fed around there is no such thing as &#8220;limited&#8221; government. Government is a perpetual growth industry.</p>
<p>Aren&#8217;t we tired of this constant heavy hand regulating us into oblivion? It is high time for the people to stand up and regulate the government.</p>
<p>That would be change I could believe in.</p>
]]></content:encoded>
			<wfw:commentRss>http://libertymaven.com/2009/09/04/the-dukes-of-moral-hazard-bernanke-and-geithner/7059/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Attack On Rand Paul Begins</title>
		<link>http://libertymaven.com/2009/08/31/the-attack-on-rand-paul-begins/7068/</link>
		<comments>http://libertymaven.com/2009/08/31/the-attack-on-rand-paul-begins/7068/#comments</comments>
		<pubDate>Mon, 31 Aug 2009 12:15:06 +0000</pubDate>
		<dc:creator>Marc Gallagher</dc:creator>
				<category><![CDATA[Activism]]></category>
		<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Election]]></category>
		<category><![CDATA[Fund Raising]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Maven Commentary]]></category>
		<category><![CDATA[Ron Paul]]></category>
		<category><![CDATA[Ron Paul Republicans]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[government spending]]></category>
		<category><![CDATA[rand paul]]></category>
		<category><![CDATA[conservative establishment]]></category>
		<category><![CDATA[extreme groups]]></category>
		<category><![CDATA[george w bush]]></category>
		<category><![CDATA[guilt by association]]></category>
		<category><![CDATA[individual liberty]]></category>
		<category><![CDATA[jeremiah wright]]></category>
		<category><![CDATA[john mccain]]></category>
		<category><![CDATA[louis farrakhan]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[senatorial race]]></category>
		<category><![CDATA[tax group]]></category>
		<category><![CDATA[trey grayson]]></category>
		<category><![CDATA[viable candidate]]></category>
		<category><![CDATA[white supremacy]]></category>

		<guid isPermaLink="false">http://libertymaven.com/?p=7068</guid>
		<description><![CDATA[We long time Ron Paul supporters got used to the typical underhanded attacks &#8220;our&#8221; candidate received during his Presidential bid. They became predictable and passé. Now that Rand Paul has proven he is a viable candidate in the 2010 Senatorial race in Kentucky similar attacks have begun.
With Ron Paul many of the attacks were leveled [...]]]></description>
			<content:encoded><![CDATA[<p>We long time Ron Paul supporters got used to the typical underhanded attacks &#8220;our&#8221; candidate received during his Presidential bid. They became predictable and passé. Now that Rand Paul has proven he is a viable candidate in the 2010 Senatorial race in Kentucky similar attacks have begun.</p>
<p>With Ron Paul many of the attacks were leveled by the media itself. We even published a rather popular satire piece during the campaign called &#8220;<a title="The Official Media Guide To Attacking Ron Paul" href="http://libertymaven.com/2007/12/19/the-official-media-guide-to-attacking-ron-paul/" target="_self">The Official Media Guide To Attacking Ron Paul</a>&#8220;.</p>
<p>Thus far with Rand Paul, most of the attacks are coming from the Left and the neo-conservative establishment friends of his Republican primary opponent Trey Grayson. The attacks themselves are quite typical.</p>
<p>The Left enjoys pointing out that <a title="Friends of Rand Paul" href="http://barefootandprogressive.blogspot.com/2009/08/friends-of-rand-paul.html" target="_self">white supremacist organizations have noticed Rand Paul&#8217;s campaign and support him</a>. They like to point out that such extreme groups and individuals supporting Paul means that Paul himself somehow condones such beliefs. This is ludicrous. Guilt by association attacks are for the feeble-minded. No one, not even the Left&#8217;s Messiah Obama can control who chooses to support him.</p>
<p>Extremists like Jeremiah Wright and Louis Farrakhan both support Obama, but I don&#8217;t attack Obama because of it. Even though a much stronger case could be made for doing so due to the fact that Wright was Obama&#8217;s pastor and mentor for 20 years or so.</p>
<p>Believing in individual liberty and white supremacy are impossible bedfellows. Attacking Rand Paul this way tells us more about the attacker than the attacked.</p>
<p>The attacks from his own party are right out of the political attack playbook. What makes it humorous this time is that <a title="Rand not a Republican?" href="http://www.beloblog.com/WHAS_Blogs/PoliticalBlogger/2009/08/grayson-advisor-rand-paul-poll.html" target="_self">the charges against Rand Paul suggesting he isn&#8217;t a &#8220;real Republican&#8221;</a> could be more easily made against his opponent. Trey Grayson used to be a Democrat and campaigned for Bill Clinton in the 90&#8217;s. At that time Rand Paul was busy founding an anti-tax group in Kentucky.</p>
<p><span id="more-7068"></span></p>
<p>Grayson is to the left of George W. Bush and John McCain, two names that don&#8217;t exactly warm conservative Republicans hearts. Rand Paul is more like a Goldwater/Reagan Republican. He actually talks about term limits, cutting spending, and having a balanced budget. He doesn&#8217;t just deliver sound bites about lower taxes. Here is his excellent speech at a recent fund raiser in Nicholasville, Kentucky.</p>
<p><!-- Smart Youtube --><span class="youtube"><object width="425" height="355"><param name="movie" value="http://www.youtube.com/p/0EE508818CFCA13F&amp;rel=0&amp;color1=234900&amp;color2=4e9e00&amp;border=0&amp;fs=1&amp;hl=en&amp;autoplay=0&amp;showinfo=0&amp;iv_load_policy=3&amp;showsearch=0" /><param name="allowFullScreen" value="true" /><embed wmode="transparent" src="http://www.youtube.com/p/0EE508818CFCA13F&amp;rel=0&amp;color1=234900&amp;color2=4e9e00&amp;border=0&amp;fs=1&amp;hl=en&amp;autoplay=0&amp;showinfo=0&amp;iv_load_policy=3&amp;showsearch=0" type="application/x-shockwave-flash" allowfullscreen="true" width="425" height="355" ></embed><param name="wmode" value="transparent" /></object></span><a href="http://www.youtube.com/watch?v=0EE508818CFCA13F"><img src="http://img.youtube.com/vi/0EE508818CFCA13F/default.jpg" width="130" height="97" border=0></a></p>
<p>I&#8217;ll let you be the judge on which candidate is the &#8220;real&#8221; Republican.</p>
<p>As Rand Paul raises more and more money he will be attacked more and more. In today&#8217;s political climate being an establishment politician is more of a negative than in days past. To further illustrate the status quo vs. the anti-establishment fight another money bomb for Rand Paul has been scheduled. The money bomb will be held on the same day that Trey Grayson is having a $500 per plate fund raiser provided by his establishment GOP friends in DC.</p>
<p>On September 23rd, it is the <a title="Rand vs. Trey" href="http://www.kentuckyfight.com/" target="_self">KentuckyFight.com money bomb, also known as the &#8220;We The People&#8221; vs. the &#8220;DC Insiders&#8221; money bomb</a>. The goal is to raise $500k for the day for Rand Paul&#8217;s campaign. The last money bomb yielded over $433k so the goal is achievable, but I would be surprised if the $500k is reached. I can&#8217;t blame anyone for aiming high though. <a title="Rand vs. Trey" href="http://kentuckyfight.com/" target="_self">Pledge today</a> and help spread the word.</p>
<p>The more money the campaign raises the more vicious the attacks will become. Fighting the power makes the powerful uneasy and desperate. Rand Paul is fighting and has the best chance of any liberty candidate to actually win a U.S. Senate seat. In the name of freedom, let us help him be victorious.</p>
]]></content:encoded>
			<wfw:commentRss>http://libertymaven.com/2009/08/31/the-attack-on-rand-paul-begins/7068/feed/</wfw:commentRss>
		<slash:comments>10</slash:comments>
		</item>
	</channel>
</rss>
