Two fronts of your most crucial war

The two fronts of your most crucial war

By Don Hank

We Americans are at war and although we are often bombarded with the idea that our enemy is politicians, the real enemy is ignorance. Thus, each of us must wage this war with all our heart and soul on two fronts. On one front, the target is each other. In the other, it is ourselves. For example, in the case of Don Hank, the targets are:

1—my own ignorance (including biases that interfere with my own objectivity).

2—my neighbors’ ignorance (including biases that interfere with their objectivity).

Each front is equally important. I can’t fight the war on my readers’ ignorance unless I can come to grips with my own ignorance. So my foremost and biggest job is to defeat my own ignorance.

But why does the war on ignorance matter?

Because America – and the rest of the world – cannot get out of this economic and political crisis without knowledge. By that I mean, the conviction that the “economists” and the politicians they control, who got us into this mess, cannot — and don’t want to — get us out of it.

If America had done its homework, combating its own ignorance and ideological prejudices, not one of the scoundrels like Barney Frank who engineered the housing crisis would ever have been elected in the first place.

America cannot regain a degree of freedom by ignoring readable, layperson-accessible analyses by those who have done their homework and know how the crisis started and why, and who in Washington and Wall Street was responsible.

Readers who are still confused about the how, who and why of our life-threatening economic crisis need to catch up quickly before it is too late. The wolf is at the door and we can’t afford to get it wrong again.

As evidenced by their support for bailouts, both Bush and Obama subscribe to Keynesianism to some extent, and America is going broke as a result. Therefore, just voting Republican cannot save us. There are Republicans who get it, but probably just as many who don’t, or worse, will not vote their principles.

I have an acquaintance who teaches economics and believes – or rather believed — in Keynesian economics, or essentially what Reagan called voodoo economics. The cult’s founder John Maynard Keynes once famously said that if the government hired workers to dig a ditch and fill it back up, that would stimulate the economy. That’s how smart he was, and that is how smart Obama is, whom Rush has correctly identified as a “moron, economically” (true, Obama intends to bring down America, but the unemployment rate is too high to cover up or frame as a Bush hangover and that is causing people to trust Republicans more in economic affairs. Obama truly believes that spending more of your money will help. He had not immediately spent that TARP money, hoping to invest it around election time. But the voodoo is not working).

My economist acquaintance would usually try to rebut articles written by conservative / classic liberal economists and published at Laigle’s Forum. One of her main arguments was that the issues were too complex for normal people to grasp, that she had worked for years as a market broker and was an insider so she just knew things that mortals like me could not. In other words, she proffered the same sleight of hand, devoid of clarifying details, resorted to by Bernanke and his cronies in their plea for bailout money. But I always had a counter-rebuttal that she could not respond to, because no amount of insider savoir-faire is a fair substitute for common sense and facts. She no longer rebuts, so she may have gotten awake. After all, the current situation can certainly wake up the most Keynesian among us.

The Keynesians look back at FDR, a Keynesian president, and claim he “got us out of the depression.” In fact, an analysis by UCLA economists Harold L. Cole and Lee E. Ohanian, replete with painstakingly gathered data, shows that FDR’s policies prolonged the depression by 7-8 years. Many other economists agree. The fact that there is still any debate over this at all is a tribute to the hard work of academics who worship FDR as an economic shaman and roundly reject common sense.

So how can America get up to speed on a crisis that threatens our very existence, our money and our jobs?

You need to read sound analyses. It’s hard work, but you’re an American and you know that hard work is why we are great.

I haven’t seen better readable analyses of our economic crisis than the ones by Steph Jasky of FedUpUSA. Steph is one of the few bloggers who do their homework and know whereof they write and speak. Like me, she and her family were personally affected by the housing crash and wanted to know the identity of the monster that ate their investment. After arduous research, she succeeded in identifying that many-headed shape-shifting monster and is still working hard to inform you and me about its ongoing misdeeds.

I strongly recommend you subscribe to Steph’s newsletter and scan her site. Here is the latest column you can’t afford to miss:

http://fedupusa.org/2010/10/05/just-trash-the-dollar-and-its-all-good/

Just trash the dollar and it’s good (this column is full of charts compiled by Wall Street itself)

Chart is the SPX, white line is the dollar by comparison.  That’s where the ramp the last month has come from.  That’s an OVERT currency devaluation – 7%.

And what’s the SPX change?  About 10%.

Oil?  Oh, it’s up 17%.  Hope you like much more expensive gas and…. this winter…. heating oil.

Read more.

Other sites can also be helpful, even some of the ones trying to sell you their services and products. Because they can only sell if they can demonstrate to you, through cogent arguments and analysis, that they know a lot about the economy and keep abreast of economic affairs.

One such site is Taipan Publishing Group, which features, for example, the following vital and informative piece:

http://www.taipanpublishinggroup.com/tpg/taipan-daily/taipan-daily-100610.html

Massive foreclosure errors will collapse the housing market (again)

The worst excesses of the housing market bubble and bust are coming back to haunt us. Now is the time to prepare for another home price collapse, with fresh rounds of “quantitative easing” sure to follow.

It would be hilarious were it not so tragic. Come to think of it, it’s hilarious anyway. The country has not yet paid for the idiotic shenanigans of the late great housing market bubble. The latest debacle virtually ensures that the U.S. housing market will collapse.

“Wait a minute,” you may ask. “Hasn’t the housing market ALREADY collapsed?”

Well, yes. But the collapse isn’t over yet. There is another implosion coming – a crushing leg down that will pulverize all hopes of recovery into talcum powder. And another tidal wave of public outrage will likely come with it… all thanks to our wonderful friends in Washington and on Wall Street.

I wish I were exaggerating here, but I’m not. We have flat-out Disaster coming with a capital “D.” Follow along and you’ll understand why.

To first set the stage, let’s briefly cycle back in time to the glory days of the housing bubble…

Read more.

Friends, the information America needs to pull out of this economic crisis – caused by dangerous politicians from both sides of the aisle that you never should have voted for – is all available for free (although I do recommend you push the Donate button at FedUpUSA if you can afford to).

Need I say more?

Further reading on the economic crisis:

http://laiglesforum.com/subprime-crisis-the-overal-picture/346.htm

http://laiglesforum.com/a-modern-day-lafayette-rallies-the-troops/343.htm

http://laiglesforum.com/french-mainstream-press-confirms-our-assessment-of-the-financial-crisis/339.htm

http://laiglesforum.com/global-elite-mum-on-economic-analysis-in-europe-us/1862.htm

The free market needs your help NOW!

The free market needs your help

 

(email Rush. See sample email and address at end)

                                                                       

by Donald Hank

Americans often think there is little we as individuals can do to change politics as usual in Washington. The $700 billion bailout, opposed by almost all of us, is a sad reminder of our limitations.

But let me suggest that we are like wedges used to split wood. Did you know, for example, that if a wedge is applied crosswise against the grain on the outside of a log, even a pressure of several tons will not drive it into the wood? Almost no pressure is enough if the wedge is at the wrong place.

Yet if the wedge is placed properly at the cut edge along the grain, even a child can split it with a well-placed blow from a sledge hammer!

There could be no more apt analogy for our present position.

And because Laigle’s Forum is here not just to report news and views, but also to help focus your activism, below are 2 things you can do to help save your country from the clutches of a man who seems poised to become what John McCain calls “Redistributor in Chief.” And like the wedge, you are in the proper position and ready to apply pressure at the place where it can do the most good with the least effort.

1-Help us get out the message that the financial crisis was caused not by free market forces but by Big Government. I can’t begin to tell you how important this is!

2-Help me enlist Vincent Benard as an expert witness in a new commission to be named by Representatives Brian Bilbray and Darrell Issa, both of California.

I wonder how many of us see the financial crisis as the key issue in the presidential campaign. Sean Hannity doesn’t. He is pounding on Obama’s associations with ACORN, unrepentant terrorist William Ayres and old statements showing that Obama is a socialist.

The trouble is, if capitalism caused the crash, then what’s wrong with socialism? The pundits don’t get it. You have to show how socialism caused the crash and how the free market could have prevented it – with a minimum of common-sense regulation of the kind that used to be in place before Clinton tampered with it.

If you don’t understand that the financial crash is the key issue, let me point out that McCain, who was winning by a small margin, started losing to Obama the moment the financial crisis hit. Does that tell you something? Continue reading

Self-censorship of “conservative” media — Be afraid!

The big scandal here is that no one in the media, whether “conservative” or liberal, will talk about the lawsuit against Obama. I recall recently that a caller to the Glenn Beck radio program brought this up. Immediately, Glenn told her this issue was nothing in comparison to so many other really important issues, and that there is no need to discuss it.

So much for the “free” conservative media. Rush is silent on this issue, and so is Hannity. And even “conservative” news sites on the web are ignoring it.

So what if this is not the “opportune” time to mention it? So what if it puts Hillary in a position to regain her candidacy? So what if liberals don’t want you to know?

This silence on the issue is proof that the press, whether “conservative” (I don’t think it is) or liberal, is in some way operating in someone’s interests, and that someone is not you!

Think about it: why is it that a Brazilian Newspaper (Diário do Comércio) is carrying news that is, for all intents and purposes, censored in the US?

I hope to be able to comment further on the self-censorship and the recent distortions in the “conservative” media. (Have you noticed how no one is protesting the bailout? They limit themselves to a discussion of who gets what of your money. Sickening!)

Donald Hank

 

Obama runs away from a lawsuit

 

Olavo de Carvalho

 

Diário do Comércio (São Paulo, Brazil), Sept. 26th 2008

 

            September 24 was the deadline for Barack Obama to file a response to the lawsuit, initiated by Democratic lawyer Philip Berg, which charges Obama of not fulfilling the constitutional requirements to be elected president, as he is not a natural born citizen of the United States. Barack Obama did not actually respond: he introduced a motion for dismissal, a typical delaying maneuver that makes the defendant look even more suspect.

            A motion for dismissal consists in alleging that the plaintiff did not provide enough evidence to justify the continuation of the suit. That Obama’s lawyers would use this maneuver is a curious sample of the revolutionary inversion of judicial logic. Berg’s central argument is that Obama has not presented a printed birth certificate. It is the duty of the candidate to prove that he is a natural born American citizen, not the duty of the plaintiff to prove that he is not. The hard fact that the document has never came to light is enough for the suit to go forward, as there is not a single piece of evidence attesting that Obama has legal citizenship. But to this undeniable assertion, Berg has added some strong evidence that: (1) the electronic copy of the birth certificate exhibited by Obama’s campaign is false; (2) Obama was born in Kenya. By challenging the insufficiency of these supplemental arguments, Obama’s lawyers are trying to dodge responding the central point: where is the paper version of the certificate?  If Obama had one, it would be enough to present it and he would be acquitted on the spot. What his lawyers have done suggests that he has no American birth certificate whatsoever.

            In return, they have gained time, but at the expense of sowing the seed of a constitutional crisis that will fatally blow up sooner or later. If the suit is resolved only after the election – and if Obama is elected – instead of simply nullifying a candidacy the United States will find itself in the contingency of having to topple a president, automatically raising the ire of his devotees. Or else, the United States will have to sacrifice its Constitution and laws on the altar of a grotesque pseudo-religion, artificial to the utmost, in which millions of idiots kneel down before an improvised arriviste without even bothering to ask where  he came from.  Both hypotheses are frightening, and if the motion for dismissal is accepted by the court, there will be no third one any more.

            More and more I convince myself that all this, form the beginning, was in the calculations of the creators of the Obama myth. More that just electing a president, they wished to implode a nation.

 P. S. – All the documents in the lawsuit are in Phillip Berg’s site www.obamacrimes.com. If you have difficulties accessing it, do not be surprised: it has received over 15 million visitors in the last few days and there has been a bit of a traffic jam.

 

 

Olavo de Carvalho, 61, taught Political Philosophy at the Catholic University of Parana (Brazil) from 2001 to 2005. He now lives in the U. S. as a correspondent for Braziian newspapers. Website: www.olavodecarvalho.org.