Sunday, August 25, 2013

Generational Gapping – $222 Trillion Worth of Schism

“Since the masses are always eager to believe something, for their benefit nothing is so easy to arrange as facts.” 
This scornful observation of our human nature is attributed to Charles Maurice de Talleyrand, an astute politician and long persevering survivor of the French revolution and Napoleonic eras.  Senior politicians and government mandarins in Washington are schooled in understanding and using the insight divulged by this derogatory statement.  They must be.  The most extensive, pervasive and obscene rearrangement of facts has become one of the biggest lies ever floated in history.

Even those who depend on Dave Letterman or perhaps a Kardashian for remaining informed, are aware that there exists a large National debt hanging over the United States.  Many of us are even aware that the often repeated amount of $17.2 trillion is an enormous amount of debt, however, it has too many zeros to be taken seriously and in any case, we heard, or read somewhere that it’s too big a debt to ever be repaid.  Fortunately for the Baby Boomer generation, the younger generations are too preoccupied with earning a living, or searching how they might earn one, to be angered.
These younger generations have every right to believe what they have been told.  It is not unreasonable for them to embrace the notion that since their efforts will partially finance 78 million Boomers into retirement, their own social security and health care needs will be taken care of when the time comes to retire.  It is also reasonable for them to accept the veracity of the government’s representation of $17.2 trillion in debt.
Twenty five years ago, governments and corporations promised Boomers generous pensions and benefits. Promises were cheap and easily made when the future was so far into the very distant and murky horizon.
Remembering Talleyrand’s acumen, we dig a little further and discover that there are some numbers (facts) missing in the $17.2 trillion.  One website offers a running amount which already exceeds $74 trillion in debt using different methodologies in the calculations.  Why such significant variance?  Accrual accounting – meaning the debt is accounted for when the obligation is entered into.  How does the government “arrange facts?”  It uses cash accounting, which accounts for Medicare and Social Security as debt when they come due.  We hear nothing from Washington about balancing the budget on a fully accounted and accrued manner.  We don’t even hear any suggestions on real spending cuts.
Most Boomers heading into retirement, or dreaming of doing so cannot trust the trust funds which career politicians and bureaucrats pretend guarantee their future well being.  Social Security?  There’s no guarantee of such for either Boomers, or their children, or their grandchildren.  The only prevailing guarantee appears to be that the money will run out, then, nothing.  When?  Well that’s easy.  That’s when . . . umm, oh no, another review of the “facts?”  Now what?  The Fiscal Gap.  That 74 with a dozen zeros following may look ominous, but it does not fully represent the Nation’s indebtedness.  The gap between costs and funds collected through time, is the Fiscal Gap.
A Boston University economics professor Larry Kotlikoff calculated the fiscal gap including unfunded liabilities, debt service costs and the mortgage guarantees under FDIC, and Fannie, and Freddie Mac and he came up with a present value of $222 trillion. That is over 13 times the total U.S. GDP.  Obviously there is room for error in this number, as the world will force events which will impact future costs and revenues.  The amount remains menacing regardless.
As we watch the Keynesian Federal Reserve Chairman Ben Bernanke destroy savings and generate $80 billion a month in quantitative easing, encouraged by progressive politicos spending lavishly to buy and retain votes, we know there is no possible method whereby the fiscal gap will be tightened.  Future generations will wonder how we were ever able to feel no compunction to elect anyone with skills, with leadership, with will, or with a plan.  They will wonder why we were incapable of discerning facts from fiction.  They will wonder if we understood Talleyrand.

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Open Letter To All 18 Year Olds

Congratulations on your arrival to the voter list, and congratulations to all who are graduating.  Some of you are heading into colleges and universities.  Some of you are hitting the streets to knock on doors in search of jobs.  Some of you already have hit those streets and have been successful, while others have  discovered undemanding solace in a particular corner of a parent’s couch.

 Whatever your priorities and whatever your circumstance, remember this admonition, you are the first generation, since the founding of this great Nation, which will never retire.  Ever.  Oh, a very few of you will inherit some shrunk fortunes, which will keep declining in lock-step with the shrinking dollar, but most of you will have to make your own way with the tools you have appropriated.
You will spend a majority of your waking moments competing with millions of new arrivals for jobs in a shrinking job market.
You will live under the invasive cloud of the state, manipulated at federal, state and local levels by ideologically entrenched government bureaucracies.   You saw how the power of the IRS was used to attack those who did not support liberal socialist ideologues. If you consider yourselves open minded, how does this brazen assault on your rights correspond with your own common sense?  Are these the actions of a government which you feel comforted by?  Is this Administration designing a country which you believe will be conducive to your enjoyment of successful employment, or to a rewarding personal life?
Are you aware of the changes being implemented in your healthcare system?  Do you realize that you will not be able to find a family doctor for yourself or your loved ones?  When your time comes to need a doctor, you will discover that private practices will have become an institution of the past.  You will be required to consult GPs working out of clinics.  You will wait hours to be served, and when you require serious medical attention, such as an operation, you will wait, and you will wait.  You will not wait a month or two, but a year or two.  As you get older, and older, you will discover that even that mediocre level of service will slowly, but assuredly decline.  The system will not have enough funding to provide you with the medical care you think you have paid for and deserve.  Many decisions will be beyond your control, and your needs will be secondary to the priorities of the ’system’ and its financial viability.  Bureaucrats, doctors and surgeons, will make decisions on your behalf without your input.
You will eventually come to know that the lingering fear in your gut over the long delays for that critical operation, were well founded, and out of your hands.  You will find that many operations will be considered ‘elective’ even if they are critical to your wellbeing and long term health.  Remember that term. It will one day haunt you and will come to cost you.  The bureaucracy will make most of those decisions for you. But most of you don’t care about doctors and health concerns right now. Such are the concerns of  ‘old people.’  Still, in violation of the Constitution, this President has decreed that you are now forced to purchase health insurance.  Yes, ‘forced.’
Let’s look at what else has occurred while you were awaiting your consequential graduation to ‘voter.’
Your Nation’s Constitution has been highjacked and abused by an Administration which considers itself above the need to heed the Constitution’s most fundamental principles and tenets – the very principles the President swore to uphold.  You may have left primary school when America was a Constitutional Republic, but you are graduating as it is irreversibly being converted into a crony capitalist nation centrally controlled by a  despotic government.
Your Supreme Court has become a political vehicle used as a pandering legislative agency obligated to the Administration which positioned the justices.  For example, your Supreme Court judged the  Patient Protection and Affordable Care Act as being Constitutional.  It decided that the government can force you to purchase insurance. How did it justify that?  It executed a logistical summersault and qualified the enforcement of a financial penalty as being a tax.  Penalty  =  Tax  =  Constitution?  You know, like “it depends on what the definition of is, is.” Just make it up as you go along. Who’s going to tell the Supremes they can’t?  No one, it seems.  But remember this:  Chief Justice John Roberts, Sonia Sotomayor, Stephen Breyer, Ruth Bader Ginsburg and Elena Kagan don’t know what the meaning of “is,” is.   Justices Anthony Kennedy, Samuel Alito, Antonin Scalia and Clarence Thomas have understood perfectly.
Your Administration has disregarded the fundamental separation of powers, as it imposed its political ideology on the vast bureaucracy of the state. In its violation of the Constitution, the Administration has usurped your powers.  Only those with short memories will have forgotten that in January of 2012, the President trashed the Senate’s power of “advice and consent” as mandated by the Constitution when he made the unprecedented appointments of four commissions including three members to the National Labor Relations Board one to the Consumer Financial Protection Bureau (CFPB).  Take a few minutes sometime to dig into what the CFPB digs into, then compile in your heads what you have learned of the bureaucratic overreach which this Administration has shown a propensity for, and surprise – just another intrusive organization invading your financial affairs. How great is that?  You may not care today, but wait a few years when you locate microscopes in places  you weren’t aware you had opened for encroachment.  Your grumbling will be audible, but it will be pointless against the obnoxious wave of deaf conceit flowing from Washington.
Your Nation is being transformed into an authoritarian socialist motherland.  Don’t look for the process to jump the track and ride onto the fictional collectivist utopia some of you have thought you’d inhale yourselves into.  You are stepping onto a train led by a dysfunctional egoistic cluster of self-loathing individuals who have little respect for any of you.  You will either be herded into the corral of sycophants, receiving handouts for your capitulation, or you will be locked out of the compound, hoping the wind sweeps crumbs your way for sustenance.
Fear has only been one of the effectively used motivators  in the conversion of your Nation. The transformation was not an accident – it has been willful.  Led by sanctimonious people convinced that they morally know better what is right for all others, these individuals are immersed in ideologies diametrically opposed to the original intentions of the Framers of your Constitution. All levels of your system of governance are being altered.   The process has not been subtle.
While you were preoccupied with Legend of Zelda and distracted with the suitability of the name given to a Hollywood star’s new baby, your leaders in Washington made endless decisions rooted in fear.  For example, the fear of terrorists legitimized excessive invasion of your privacy.  The fear of global financial calamity justified and rationalized in panic, a massive borrowing to bail-out too-big-to-fail financial institutions and auto manufacturers which should never have been allowed to survive incompetence and fraud.
The amount of extravagant borrowing, orchestrated in your name, will become more meaningful to all of you as  that reality empties your wallets and bank accounts in the coming years.  Taxes were raised, and will continue to be raised by your leaders who know of no other method to raise money for their grand plans, their fantasies and their personal fortunes.   They have convinced a bare majority of your parents, and your grandparents, that the bigger the government, the better the government, and the more effectively it can take care of them.  Your parents and your grandparents watched submissively as their taxes rose, but you will be punished with a double whammy.  Your taxes will not only continue to rise, but you and your children are the generations which will also be responsible for that giant debt accumulated for the benefit of predecessors. That debt is a tax burden by a different name, and you will have no choice but to bear it.
You are an indentured generation. Like it or not, understand it or not, you are trapped in a lifelong vice of debt.  You are stepping out into a society which has long been convinced that ‘debt is good’.  It doesn’t know why it believes that, but since it’s been promulgated and recited so ardently for over half a century, the baffling refrain has saturated every pore of your world.
You will eventually come to familiarize yourselves with the significance of organizations such as The Federal Reserve, or the Bank for International Settlements (BIS) in Basel, Switzerland.  These organizations influence your wellbeing and the wellbeing of the Nation you thought was yours.  You do not control these organizations, you do not own them, and neither does your government.  Most of you have little knowledge of what they are, or what they do, and they, like to keep it that way.   The Federal Reserve is your Central Bank and is an offshore entity owned by a group of U.S. and European Banks, well, it’s not really yours, but it’s the organization which impacts your every waking moment. Central banks are not managed by practical individuals with any experience which can inspire their decisions.   They are economists immersed in theoretical concepts and abstractions from which they dictate the direction and tenor of your present and your future.
Do you recall growing up believing that cartels were illegal, and that Unicorns could heal the sick and purify water?  Do you remember feeling comforted by the thought that there were laws against oligopolistic environments and monopolistic practices?  Yes?  But you don’t wonder how or why all the large banks charge the same interest rates on loans?   No surprise, no one else does either. Sure, there are laws against price fixing, and it would be wonderful if there existed real competition in banking, but, well, but nothing.   The Bank for International Settlements, is where the heads of central banks go to decide your destiny.  They deserve somewhere to meet that is comfortably out of sight of boisterous crowds with prying eyes and placards, and of course, they occasionally need a clearing house, so the BIS is their bank.
As you grab hold of your life and step into your tomorrows, you might recall a few of these exhortations.  Since most of you like to think of  yourselves as being of sound mind, please accept that your government was never originally intended to trample your rights, at least as the Framers of the Constitution intended it, and astutely structured it.  Assess what personal freedom you have lost,  then assert your own lines in the sand beyond which you will not allow intrusion and oppression.  If you don’t, others will decide for you and you will find yourself trapped in an ideological corral, unable to breath the Freedom which might have been yours.
Take responsibility for your actions, particularly your mistakes, ignoring the example you have witnessed of the current President.  The acknowledgement will inform your own development and growth.  Ascribing blame onto others vacates your capacities to learn anything.
One more proposition:   Reject most of the concocted ‘wisdom’ you have been fed  and absorbed throughout your school years since Kindergarten. Spurn the fantasies.  As you make your way, heed your own common sense, and your own intuition.

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2008 Election Fraud With New Life?

The blatant application of political pressure applied through powerful government bureaucracies such as the IRS, is arrogant abuse of power in the extreme. Obviously. These proven abuses now provide us very fresh perspectives on other fraudulent manifestations of National import perpetrated by an immoral political machine whose genealogy is rooted in Chicago.

A major such event which the MSM has willfully refused to cover before, during and after its denouement, is the conviction of two Democratic political operatives convicted in a fraud which put Barack Obama and Hillary Clinton on the presidential primary ballot in Indiana in the 2008 election. Democratic officials and workers had been ordered to fake names and signatures that Obama and Clinton needed to qualify for the presidential race.  This significant story which began in 2008, well before the Presidential campaign, remained in the shadows and continues to remain there, but it has culminated in  April of this year with,
“Former longtime St. Joseph County Democratic party Chairman Butch Morgan Jr.  was found guilty of felony conspiracy counts to commit petition fraud and forgery, and former county Board of Elections worker Dustin Blythe was found guilty of felony forgery counts and falsely making a petition, after being accused of faking petitions that enabled Obama, then an Illinois Senator, to get on the presidential primary ballot for his first run for the White House.”
After only three hours of deliberation the political minions were found guilty on all counts.  Morgan has been called the ‘mastermind’ behind the operation.  Really? He and his crew risked their lives just because they believed Obama might be a great President? That is what we are  to swallow as motivation?  Given the recent IRS revelations, there is no credibility in the claim that Morgan did not get orders from much higher up the Democratic food chain.  We can no longer apply any specks of credence to investigations digging through the political gutters of the Democratic machine. None is deserved.
Here’s the crux of the solemnity with which this fraud must be assessed:
Indiana State law required candidates to collect 500 signatures from each of nine congressional districts. Clinton had 704, and Obama had 534 (just 34 above the tread-water line).  9 of Obama’s petition pages were forged – each page had 10 names, therefore 90 names rendered worthless would have dropped him well below the 500 limit.  Clinton had 13 petitions forged (x 10 =130 fakes), but that would have left Clinton well above the 500 limit. Had this information surfaced in time, Obama would have been bounced from the ballot, so who knows what might have occurred to the Obama Chicago political machine.  Clinton would have received all 72 delegates, and would have had the wind at her back with a very dark cloud looming over the Obama campaign.  The details didn’t surface until 2011 when Board of Registration worker Lucas Burkett decided to put on a whistleblower coat.
The only humorous element in this dismal saga of fraud is that if we examine some of the pages of signatures, it is laughably obvious that the same ‘hand’ signed all the signatures on numerous pages, with the same pen.
The ramifications of this story in the aftermath of scandals swirling around the Oval Office and seething out its windows, will likely be, well, nothing.   You cannot find dishonourable mention of anything remotely connected to this proven fraud in any of the liberal progressive media.  The NYT seems never to have heard of this truly outrageous event in American political history, and neither have any of the other major news outlets, other than Fox News.
These convictions did more than put into question the 2008 nomination of Barack Obama, they shake the foundation of the 2008 Presidential election outcome.  Regardless how high in the Democratic Party this deception really began, it will not touch Obama. None of these scandals will, it seems.  He just doesn’t know anything about any of them. He was out for lunch that day, and that day, and that one.   The crickets are deafening.

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Holder’s Ego Provides Insight Into Presidential Weakness

The onslaught of evidence pouring out of this White House of individual rights knowingly being ignored and invasions of all things personal being justified for ideological purposes, seems to have the passive approval of the MSM.  We may be legitimately confused as to which scandal is the most egregious, however, we are not confused as to the revelations these scandals reveal.  Much is rotten in this Administration, but who is in charge?

 This Administration is being allowed unparalleled room for distorting truth, and twisting reality as it is being written.  Apples are oranges, and oranges are moonbeams, and moonbeams are . . . who knows, oh wait, maybe they’re those things that magically light up the sanctified teleprompter revealing enchanting divine tenants from the Oval Office,  doesn’t matter, reality is whatever this White House decides to feed us in bite-sized talking-points.  Verisimilitude is now the product of creativity from a cubicle somewhere below the Oval Office, and truth has become a relative term.

From the bowels of this quagmire and confusion, struts the Attorney General of The United States into an interview with progressive propaganda network NBC, making what has to be one of the more obnoxious public statements ever made by an AG, “There’s some things that I want to do, some things I want to get done. I’ve discussed that with the president. And once I have finished that, I’ll sit down with him and we’ll determine when it’s time to make a transition to a new attorney general.  No, I have no intention of doing so now.
TRANSLATION:  ”When I’m good and ready and when I feel like it, I’ll sit down with the President and I’ll inform him of what I’m doing.  Until then I’ll do whatever I want to do, I will tell you whatever I’m in the mood to tell you.  If you don’t like it, eat it. There is nothing you can do about it.”
Whether or not Holder is demonstrating an overabundance of arrogance, it is clear that he is not taking orders from the President – maybe from no one, or he might meet with Jarrett if he’s so inclined, but the President? It seems not.  Do his words demonstrate a respect for the individual which the Constitution tells him is his boss?  Quite the opposite – he thinks his boss is weak, otherwise he would not have been so discourteous and insolent.  Why did NBC not pick-up on this egoistic statement?
Why is the MSM not wondering who is really in charge? Is it afraid to ask? Holder made it clear, his boss isn’t.

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