Elect a New Congress

Monthly Archives: September 2012

The Truth About America’s Regressive Tax Structure

Elect A New Congress www.electanewcongress.com, released its study on which economic class of Americans does the tax burden hits the hardest.  Counter to what economist keep repeating that IRS data says America taxes the rich progressively harder than the less wealthy, it is patently false.  In reality, the greatest burden statistically falls upon the 51% to 85% income bracket of Americans, that segment that is becoming increasingly known as, "The

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The Magnitude of the Mess We’re In….

The above title is from an article penned by a few geniuses from Ivy League Schools of Economics (George P.Schultz, Michael J. Boskin, John F. Cogan, Allen H. Meltzer, and John B. Taylor.  Funny how they want to use their full names, almost like the article is something they are proud of having written. This is my response: The job of the economist is to justify the unjustifiable.   Case in point is the paper, "The Magnitude of the Mess We're

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Even Volcker thinks its time for a change… from Reuters

When asked what he thought about the power and centralization wielded by the Federal Reserve Bank today, Paul Volcker, former chairman of the Federal Reserve who put an inflationary monster back in the bottle in the 1980's, had this to say when asked....       "Is too much being centered in the Federal Reserve now, should there be a different arrangement? I'm not ready to take it away from the Federal Reserve entirely, but it deserves a look,

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Lloyd and Jamie’s We’ll Fare…. very well thank you…. from Wm Banzi7

That's Lloyd Blankfein of Goldman Sachs (doing god's work) on the left foreground, and his counterpart, Jamie Dimon of JP Morgan on the right, just in case you you were fortunate enough to not know who these two financial Don's of their criminal Wall Street operations are.   (Note the "Ben" on Lloyd's arm is for his enabler, the Federal Reserve's Chair(satan)man and chief economist, "Helicopter" Ben Bernanke, the justifier of the unjustifiable.

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Great Post from Tyler Durden of Zerohedge.com on job numbers from the Bureau of Lies and Statistics

I can't see to add a thing to this article, enjoy:   Initial Claims Print Is So Bad, It Is Actually Good, That Market Sees It As Bad Submitted by Tyler Durden on 09/20/2012 08:49 -0400 Today's initial claims print was the 5th week out of 6 in which expectations missed: instead of coming in at the consensus number of 375K, down from last week's 382K, the BLS reported a miss to expectations of 7K, resulting in a seasonally adjusted number of 382K,

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It’s not a fiscal cliff, its a gradual decline into a valley that becomes a sewer….

This is the new normal.   The supply of homes shown doesn't include all the inventory that is sitting off the market sheet by the 2B2Fail banks still holding back the flood waters of underwater homes.    There is no fiscal cliff.   It's really a long slide until you hit the bottom, from there you slowly slide into the river, which is really an open sewer.   Get used to it, this is the "new normal", as long as the Federal Reserve Bank is allowed

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Graphic proof why the Saudi’s are not to be trusted… even less than our government, but not by much…

This is called driving down the price of oil while the rest of the metals go north, just in time for the presidential election.   And if they have the power to give and are willing to exercise it for political goals, then they have the power to take, and have just demonstrated their willingness to do just that....   This is the core of all the problems in the Middle East, and if America would deal with it, there would be no more pressing problems

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We have a brother in Europe….

We've got to get to know these like minded people....     How's that for clear and concise?

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The Orderly Removal and Replacement of the Federal Reserve Bank

 The Orderly Removal and Replacement  (R&R) of the Federal Reserve Bank Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take away from them the power to create money, and all the great fortunes like mine will disappear, and they ought to disappear,

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Speaks for Herself…..

 And says it very well....

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    All American Voters.: Sign the Declaration of Liberty

    Demand candidates to Congress to reclaim all Powers (Art I-Sec 8-US Con)


    I just signed the following Declaration of Liberty addressed to: All 162,000,000 registered American voters..

    Demand candidates to Congress to reclaim all Powers (Art I-Sec 8-US Con)


    WHEREAS LIBERTY is defined as that State where the people rule over the government: This Declaration is given to underlining those critical terms required to ensure that Liberty, which is the original intent of our United States Constitution, be restored to the daily governance and operation of our United States Government.
    This Declaration of American Liberty supports and is subservient to America’s Declaration of Independence & our U.S. Constitution.
    We the People, acknowledge that Liberty requires all powers of the Congress be removed from the access and control of individuals, groups, or agencies; for it is only by usurpation of these powers, that factions gain control over the laws of the land and the lives of her people. It is this criminal and treasonous usurpation of power, that “ is the customary weapon by which free governments are destroyed.”*
    Further, that these restored powers of Congress are to be executed under the authority of all the people, re-establishing not only the power of Congress, but also its fiduciary duty to the people. The incorporation of these procedures inherent to Liberty into our government is a touchstone and the very cornerstone upon which we judge our Liberty.
    THEREFORE, We the People, hereby sign and resolve ourselves bind our representatives to, Demand:

    Article I.
    Complete restoration of all constitutional powers of Congress, back to Congress, as written in our United States Constitution, Article I, Sec. 7, 8, & 9, and so restores operational Liberty in the execution of the business of the nation. This causes two things to occur.
    a. Liberty replaces our tyrannical centrally planned state. As a nations political model determines its economic model, so will “Liberty, once taken root, is a plant of rapid growth.”**
    b. Liberty, by taking power away from public and private agencies, it removes from power the hands of “unprincipled men”*, and ends their means to transfer wealth away from all Americans. This is America’s problem and enemy. Political Liberty is the only solution.

    Article II.
    Congress wholly conduct and execute all introduction, discussion, compromise, and vote on all Acts, exercising their powers exclusively within the public forum on the floor of Congress, only thus they ensure;
    a. Maximum Transparency in the execution of its duty which provides for,
    b. True Consent of the Governed as required by our Declaration of Independence. This is the only means by which the people rule.

    Article III.
    The Necessary and Proper Clause (Sec 8), requires that the word “Proper” means all legislative and policy laws or decrees must be subject to the same process as any Act of Congress, performed exclusively and wholly within its public forum.

    Article IV.
    Congress must restore to the states those powers not specifically assigned to the Congress, as Congress, in order to perform its own powers/duties, will be pre-occupied in its reclaimed constitutional performance. This natural restriction of time inherent to these powers/duties will weigh in when there are questions.

    Article V.
    Prosecution of all criminal and treasonous financial crimes prior to, during, and after the financial upheavals of 2008, must be pursued thoroughly regardless of any high standing or collateral impact.
    We the People either live in Liberty, or tyranny. We either rule our government, or be rule. We either all enjoy the bounty of our nation, or we wait for scraps from the hierarchy which rules our money, our lives, and our freedom. For Liberty means nothing if tyranny has one hand in your pocket and the other round your throat.
    Liberty and tyranny are in dialectic opposition. Each defines the other by which they are not. Everyone must make their choice, and no decision, is a decision for the status quo of tyranny that afflicts and rules our nation today.
    THEREFORE, We the undersigned cast our lot and lives for Liberty.

    *George Washington excerpts: Farewell Speech to the Nation, September 19th, 1796
    ** GW quote.

    For more information, go to www.ElectaNewCongress.com.



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