Congress Agrees to Bankrupt the Nation

The media today is all over a secret back room "deal" to allow unlimited borrowing by Obama.

The back room deal gives Obama an unlimited printing of blank checks drawn on the sweat of our backs and the future of our children.

Congress sold the people down the river again. There are NO spending cuts at all. They only agree to reduce somewhat the amount of SPENDING INCREASES in some mythical future years.

Let me repeat that:

* NO SPENDING CUTS.

* BIG DEBT INCREASES!

* AND BIG TAX INCREASES

It promises $12 Trillion in MORE BORROWING over 10 years. That will total $25 Trillion by 2020, an unsustainable debt on a GNP of around $15 Trillion.

It promises to rescind the so-called "BUSH tax cuts" and raise taxes right after the 2012 election.

It does nothing to reduce the massive Obamacare taxes now part of the law, and which will take effect right after the 2012 election.

The secret back room "deal" guarantees huge tax increases, huge debt increases, and NO spending cuts. But it gives you all the smoke and mirrors you can stomach.

The proposed agreement guarantees to bankrupt the US Government and push the entire US economy into total collapse. It guarantees $100 gas if you can find any for sale. It guarantees $100 bread, if you stand in line for 3 hours to get one. We better be stockpiling food and ammunition. We are going to need it.

Fear is NOT Leadership. Interest is Not Bad.

The Obama regime and all the libtard media, (CBS, CNN, FOX, etc.) are working hard to frighten the people about the so-called “debt crisis.” They all carry The Obama's water hoping to frighten old ladies and working men into support bankrupting our nation.

The libtard media goes on at length about how raising interest rates will “ruin” the nation and everyone in it. They talk about car loans, home loans, student loans, etc. But they don't talk about the up side.

To begin with, virtually every working person in America has a retirement plan or 401k plan, a bank savings account, or some investments. For the past several years, interest rates paid on their investments have been at historic low rates. Working Americans have earned very little interest on their savings and retirement accounts. If The Obama defaults on his massive debt, and causes interest rates to rise in the US, every American investor will reap a windfall PROFIT. Retirement accounts and savings accounts will be earning 5% instead of the current 1% interest. A typical 401k account will put an additional $5,000 into the working man's pocket if The Obama defaults on his loans.

What about home loans, you ask. Won't the default result in higher loan interest? Yes, but that too is good. The low interest rate on home loans does you no good if you can't get a loan. Banks and investors are hesitant to take a chance lending money if they don't make much interest profit on the loan. Homes are sitting vacant all across America because buyers can't find a lender. Higher interest rates will encourage lenders to go back into the home lending business. Families will once again be able to buy homes. Sellers will be able to sell their home and move as their changing family needs change. Builders will go back to work, creating jobs. Instead of a disaster it will save the housing markets.

Shame on CNN. Shame on MSNBC. Shame on FOX. Shame on NYTimes. Shame on Obama. Shame on Hairy Reid. Shame on Senator Durban. Shame on Senator Schumer. Shame on all the fear mongering communists.

The best thing for America is to call The Obama's bluff, stop government borrowing, and HOLD THE LINE on government debt.

O'Bummer Has No Clue about Managemnt

The way the Government budget works takes 2 years to produce a budget and spending authorization. Its worked that way for decades. But O'Bummer hasn't managed any of it. The whole massive bureaucracy is all on free range, with nobody taking charge.

HOW IT ALWAYS WORKS

Every Government Department begins 2 years ahead. They go to all their offices and major contractors and ask for a projected budget to run their office, agency, project, etc. The proposed next year budget is detailed and specific. It includes salaries and wages, supplies and paper. It includes new construction and maintenance projects like the new roof or the new cafeteria. It includes data processing, building rentals, advertising, recruiting, and all the other expenses to run that office, division, project or function of the government and their major contractors.

All the project budget proposals are forwarded to regional administration offices where they are combined into a regional budget that is forwarded to the Cabinet Secretary. The accounting staff of the Cabinet Secretary combines all the project and function budgets into a detailed budget proposal to run that Department for the following year. Each member of the President's Cabinet, Each Department Secretary, proposes a detailed budget for the following year to the President. The President normally reviews all the proposed budgets. He adds program funding for programs he wants to increase, or reduces funding for programs he wants to reduce or eliminate. The President then combines all the budgets from all the Departments into a huge budget document. It becomes the President's Budget for the following fiscal year. The President sends his Proposed Budget to the Congress and asks them to authorize funding for all his Departments. That's how it has worked for decades, for generations, for many Administrations.

WHAT OBAMA HAS DONE. OR NOT DONE

Obama has not done a Federal Budget. He apparently doesn't know enough about management to understand that he's now the CEO of the biggest organization in the world. Obama has not compiled and sent a budget to the Congress since he's been in office. He just doesn't know enough to understand.

The Senate usually gives the President's Budget to its Budget Committee. The Senate Budget Committee usually gives it a cursory scan, adds or subtracts a few things, and adopts it as the Senate Budget. US Law requires the Senate to adopt a Budget by May of each year. The Senate has not adopted a Senate Budget since Obama took office. The Budget Committee has no clue what to talk about. The President hasn't proposed a budget. They have nothing to adopt.

The Obama has no clue about how to run a business, large or small. He is totally over his head. You see it in the “Debt Crisis.” The Obama keeps telling the Congress to come up with something, but Congress says that Obama has not proposed anything. He sent something to the Congress a few weeks ago, but it wasn't a budget. Congressional accountants at the Congressional Budget Office tried to review it and gave up saying, “We can't score a speech.”

What the Obama has done, since he has no spending or budget plan, is to pay every bill that comes due. His Department Secretaries have carte blanch permission to spend however much they want to spend, and its all okay with the President. For more than 2 years the Government has been running on total out of control spending binge. Every pet project of every petty bureaucratic was suddenly approved. Thousands, or tens of thousands of new employees were hired. Thousands of pages of regulations were proposed by thousands of new employees. Trillions of dollars were going out and nobody had any clue where they were all going. There was NOBODY in charge with any clue how to manage or control the world's largest organization. Debts spiraled out of control. And Obama just wants to keep on spending because he is completely unable to understand his job. A Democratic Congress went along with The Obama because they also were able to get all their pet projects approved and have the government pay for all the pet projects or programs that any and every constituent or lobbyist wanted. Debts piled up. The US government has been effectively bankrupt since about January of 2011. It felt good to Democrats and old DC Republican RINOs. Just keep spending. There is no tomorrow. That's someone else's problem. As my mother used to say, "That's a hell of a way to run a railroad."

THE CONGRESS TRIES TO SAVE THE NATION

The Congress has 2 Houses. The Senate represents the States. The House represents the people. In the 2010 election the millions of panicked People were able to reclaim control of the People's House. They are opposed by millions of beneficiaries of the out of control government spending. Ignorant people often enjoy unlimited government money being dumped on their heads. Who wouldn't. They don't pay taxes anyway. About 50% of American voters don't pay taxes any more. Most of them live on government handouts.

The People's House is trying desperately to do their jobs. The House is using a budget from 4 years ago to pass spending authorizations. They are trying desperately to stop the borrowing and save the American people from total financial collapse. RINO Republicans like O'Boehner keep ignoring the bills approved by the House, such as Cut, Cap, and Balance. RINOs like O'Boehner keep trying to get the People's Representatives to accept more debt, more spending, and pretend that there will be an accounting in “10 years.”

You can see how this plays out on TV. The Obama went on prime time TV and told people to “Call your Representative” and tell him to “Solve the debt problem.” But Obama did not tell anybody what solution the Congress should adopt. Obama has no clue how much it should cost to run the government. He has no actual budget. He only wants a book full of blank checks to spend unlimited amounts for everything he can spend. HE IS AN INCOMPETENT FOOL OVER HIS HEAD!

For the good of the Nation, Obama should resign. He has no clue what he is doing. He has never produced a government budget and in fact does not even understand what a budget would look like. The people are suffering massive unemployment, massive economic disaster, and its getting worse every day.

Obama Should Resign O'Boehner should resign as Speaker of the House. The People have to recapture our nation before it fails utterly.

O'Boehner Sells US Down the River.

O'Bummer, O'Boehner, Same Church, Different Pew.

Last night we watched as O'Bummer made his speech to frighten the people into supporting his unlimited spending. O'Bummer talks about “a balanced approach” but what he demands is:

* A green light for runaway borrowing and spending.
* Mythical spending cuts in 10 years that will never happen.
* An open door for tax increases.

The speech by O'Bummer was followed by a response by O'Boehner. O'Boehner talked about opposition to O'Bummer, but in the end he described his support and advocacy for:

* A green light for runaway borrowing and spending.
* Mythical spending cuts in 10 years that will never happen.
* An open door for tax increases.

The Republicans have sold out grass roots American citizens who rallied behind the banner of “TEA Party” and got them a majority of the People's House. O'Bummer, O'Boehner, they both are working hard to sell us down the river. A hundred new Representatives in the People's House were elected for the purpose of changing DC politics as usual. But O'Boehner and the old time RINOs will, once again, side with Democrats to push their own party members aside and give the people another screwing.

O'Bummer – O'Boehner -- Same socialist political filth.

Time to Hunker Down

Yesterday Standard & Poor's Ratings Services lowered its outlook on US government debt from “stable” to “negative. This should be no surprise to anyone who follows financial news. At least two of the largest bond buying investment firms, including Berkshire Hathaway, have already stopped buying US Bonds or divested themselves of US Bonds. In fact, for some months the US government has been printing cash and “borrowing” from itself because NOBODY with money will lend it to them. Printing and spending unlimited quantities of cash devalues all the other cash in circulation. It inevitably results in runaway inflation. We are already seeing massive inflation everywhere we look. Food, fuel, metals, wood, transportation, manufactured products, all are up almost 50% with no end in sight.

What does the US government plan to do about the collapse of the US economy. NOTHING!. The Obama wants to keep spending like there is no tomorrow. He says we should raise taxes on everyone who still have enough money to start a business or buy some bonds until they are as broke as the 47% who pay no taxes now. His proposed so-called “budget” plans to double the US debt in 10 years and then some other generation of politicians can figure out what to do. In current political rhetoric, The Obama advocates kicking the can down the road again.

Republicans are no better. Despite their much ballyhooed advocacy of cutting spending, the Republicans advocate borrowing $2 trillion more in only the next 18 months. Republicans say that their so-called “budget” won't become balanced for 40 years. Everybody knows that a politician making promises longer than 4 years is the same as “never.” A few “TEA PARTY” Republicans want to balance the budget and stop borrowing, but the senior Republican leadership sides with Democraps to out vote conservatives.

So there is no hope for government to save itself. It is rushing pell mell toward total financial collapse. That will precipitate a revolution or restructuring of government. The transition won't be fun. There will be famine, pestilence, war, shortages, disease, and death by the millions. By comparison the Great Depression will look like good times.

Some other nations are already having food riots and their governments are blaming the US for burning food as motor fuel. On Sunday I couldn't get their Bacon Burger because they were out of bacon. Later the same day I heard business news that there is a bacon shortage in the US. The US is now having a shortage of bacon, on business news and at one local hamburger joint. Our government is forcing conversion of corn to motor fuel instead of corn being fed to hogs. That is what the loony bins call “green.” In real terms it is another step to global famine.

I saw a news today from SCOTUS. Several states are trying to shut down electricity production to reduce CO2 in smoke. The electric industry argues that only the Federal Government EPA has authority to do that. EPA is slower to implement regulations but is working on it too despite refusal of Congress to authorize them to do so. The Obama doesn't need no F'ing Congress to destroy the national economy. My own state Legislature already outlawed our only coal fired electric generation plant. They were given a couple years to close down.

There is a reason that the world's highest buildings are in Kuala Lumpur. They encourage business. There is a reason that Kuwait is constructing massive housing for rich people and making huge profits doing so. Kuwait welcomes people with wealth. Meanwhile an anti-American communist US government is working hard to drive business and wealth out of the country as it destroys the United Sates we once knew.

How long will it last? When will it collapse. Have we reached the tipping point yet? What should you do now?

If you have portable assets you should already have moved to Kuala Lumpur, Kuwait, Hong Kong, South Korea, or some other nation that values economic wealth. If you are a member of the working poor you are stuck here and need to be prepared for the crash.

By now you should have stored a year of food, ammunition, and some trade goods. You cannot depend on the electric grid, gasoline supplies, or even running water for a while. Mobs of starving people or armies of the Communist loony bins may end up foraging through our homes to steal our stored food and take our guns. They likely will act much as the communist police state did in New Orleans after they caused the flood by stealing levy maintenance money. The same communists who caused the total collapse of our once great nation will try to blame everyone else while they rob us to survive. That's why you should have stockpiled ammunition. After the collapse you can join together with your neighbors for mutual protection, forming militias and armed defense groups. You can protect yourselves and your families against the marinading hordes of starving libtards who created the disaster.

The news is all bad. The tipping point is at hand. Lying media still whines about raising the government's debt limit long after they have passed the limits of lenders. Their FED prints money and calls it “monetizing the debt.” Runaway inflation has begun. This may be your last chance to stock up while you still can. Get ready to hunker down and defend your home for a year.

Budget Crimes -- What's Going On

The law says the Congress must pass a budget and appropriations bills for the government before the beginning of each Fiscal Year. FY 2011 began on October 1, 2010. These are usually enacted one department at a time for each department, agency, project, etc. Last year, both houses of Congress were controlled by Democrats, but they failed entirely to adopt a budget for even a single department of the government. Instead they passed a so-called Continuing Resolution to allow the government which continue spending at FY 2010 levels for a few months. A CR fails to address new needs for this year, and continues funding for completed projects such as the 2010 census staff. The Continuing Resolution Expired in March.

Last year in November voters tossed out many Democratic Congressmen and replaced them with conservative Republicans. Many of the newly elected Representatives promised voters that they would cut spending and cut the size of government. Many of the newly elected Representatives are being true to their promises to voters and won't vote for spending as usual. Senate Democrats, led by Hairy Reid, are still blocking FY 2011 funding. The Continuing Resolutions are expiring, and the government will experience a shut down because (both houses of) Congress has not approved any budget.

For those who may be wondering what the hold up is, here is my observations.

Hairy Reid stood on the Senate floor today and spoke to the nation on C-SPAN2. He said that their big objections are tax funding for abortions and funding for the EPA to implement Obama's "Cap and Tax" program.

First, funding for abortion is illegal. Tax funding for abortions was outlawed by Congress almost 20 years ago with President Clinton signing the bill. Many polls show that even among those who support a right to abortions, most oppose making taxpayers pay for them. That is why its been illegal for almost 20 years. Despite being illegal, and despite being opposed by most Americans, the US taxpayers have been paying almost half a billion dollars per year to fund abortion clinics. See recent undercover film here.

House passed FY-2011 budget, HR-1, took illegal abortion funding out of the budget. Now Obama and Reid threaten to shut down the government to restore illegal tax funding for abortions.

Reid's second issue is funding for EPA to implement Obama's "Cap and Tax" program. Cap and Tax is a liberal scheme to levy huge taxes on every usage of carbon based fuel, oil, coal, natural gas. It will add at least another dollar per gallon to gasoline. It will add hundreds of dollars to each winter's home heating. It will add hundreds of dollars to your electric bills. It will destroy industry, destroy the economy, and harm every American. It will line the pockets of Obama, Al Gore, and their Chicago Board of Trade cronies, making billions of dollars in profits for them. It was originally based on the fraud of “global warming.” When that scam was revealed, it shifted to “climate change,” and now its for “clean air.” Its a mega scam government corruption searching for a justification.

The Congress considered "Cap and Tax" regulations for the fraud of "global warming" last year when Democrats controlled both houses. The Democratic controlled Congress turned down Obama's get rich scam. So Obama is now trying to have the EPA implement law that Congress rejected. The little dictator refuses to accept “NO” from the people's representatives. In its FY-2011 budget, HR-1, the House removed funding for the EPA to develop and implement this fraudulent program that Congress previously considered and rejected. Now Reid and Obama will shut down the government because it is not funded.

The House budget, HR-1, also cuts $2 billion payment to Obama's golf and vacation buddies at GE to develop a "backup" engine for the F-135 that the Defense Department doesn't want. They won't mention it in public, but cutting funding for Obama's golf buddies (who pay no taxes) is a big problem.

Its time for Reid and Obama to get square with the law, put dictatorship government behind them, and get on with running the government in a responsible manner.

Obama leads Budget Negotiations.

Obama held a meeting on Monday with Boehner and Reid, etc. Obama said, "We didn't get an agreement but I will call another meeting tomorrow and tomorrow until we do." Then he left town. Today, The Obama is so concerned that he is doing campaign fund raising speeches in one of the "57 states." That's what we call "leadership."

Last month Obama asked sleepy Joe Biden to take leadership on budget negotiations. Biden held one meeting, accomplished nothing, and then left the country for weeks. That's what we call "leadership."

Of course that's after the Democratic House, Senate, and President could not pass a FY 2011 budget last year when it was required and they controlled all 3 branches. That's what we call "leadership."

During the coming shut down, only "essential" government workers will still remain on the job. It has to be asked. Why do they rob our money to pay for millions of "non essential" government workers. Maybe all the "non essential employees should all be laid off to save a few hundred billion of our dollars.

The People's House passed a full detailed Whole Year Continuing Resolution budget for the rest of FY 2011. The House debated all the hundreds of government bureaus, departments, programs, and needs all day and long into the night for a whole week. A budget amount for each was finally approved about 4 AM on Saturday morning after an all night session. The Whole Year CR was sent to the Senate back last February. There it sits on the Senate desk. So far, the Senate has passed nothing, and has spent NO time debating any of the hundreds of bureaus, programs, agencies, commissions, etc., that need to be considered. The best they can do is to toss out a phony Bologna number for the media. But its not about "Cut $33 billion." Its not about the total. Its about how much to spend on each and every one of the hundreds of agencies, programs, etc. So far, neither the Senate nor The Obama have proposed anything. That's what we call "leadership."

Several Congressmen have sent a letter to Hairy Reid asking that he resign if the Senate won't pass a budget. Bob agrees. Hairy Reid should resign.

Buy a Horse, while there is still time!

The "tipping point" may be at hand. Mr Bill Gross, sometimes called “the bond king,” founder and manager of PIMCO’s $237 billion Total Return Fund, dumped all of the fund's holding of US Treasury bonds by the end of February.
Read TIME Magazine story here.

Spin mongers are trying to save the economy by convincing people that The Obama hasn't killed the economy entirely. TIME story here.

Not long ago there were TV ads from an investment company called E F Hutton. The ads said, “When EF Hutton talks, people listen.” Maybe that was true, and maybe not, but investors do listen to what others are doing, and when the biggest and most profitable Bond Fund decides to get out of US Treasury bonds, people will listen.

For the moment, the Federal Reserve Bank is printing dollars to prop up the US Economy. The Obama borrowed more money, sold more bonds, in February than the Bush Administration did in an entire year. The Obama continues to spend like a drunken sailor on shore leave, like tomorrow will never happen.

The founder of Home Depot was interviewed on TV yesterday. He advocated buying horses immediately while you still can. When, not if, the economy crashes you won't be able to buy gas for your car, so owners of horses will still be able to get around.

Regular readers of The World According to Bob will recall that Bob has waned of this happening for several months. Bob has previously recommended stockpiling food and ammunition, and whiskey for trade goods.

The “tipping point” forecast by such notables as Fed Chairman Bernanke may be at hand. Hang on to your hats, its going to be a ride.

SHUT IT DOWN!

SHUT THE WHOLE DAMN THING DOWN!
The US House of Representatives proposed very modest 1 1/2% cuts in spending in a Federal budget that borrows 40% of its spending. The US Senate voted it down.

In 1775 the Continental Congress adopted a resolution, “Any government that takes one tenth part of a man's wealth, in total of all taxes, is tyranny and should be overthrown.” The current US Government passed that limit a long time ago. They are become tyranny.

Despite the angry shouts of millions of tax paying Americans, despite mobs of TEA Party voters who overturned Democrap control of the People's House, the government continues to borrow and spend like a drunk on holiday. Even the Republican leadership of the People's House, put in power by TEA Party activists and Americans who ran for Congresses to save our nation, will not listen to the very loud voices of the American people.

Media talking heads and pundits warn that failure to accept Pretender Obama's ruinous spending spree will “shut down” the government. They talk about it like its the pending sword of Damocles hanging over the people. They talk like shutting down the Federal government would be a huge disaster. They are some of the best known liars on earth, men who earn their livings by lying.

SHUT IT DOWN! SHUT IT ALL DOWN!

SHUT THE WHOLE DAMN THING DOWN!
After several days of Internet discussions about the consequences of shutting down the government I have not found any serious problems. We have 50 states (not Obama's “57 states”) that all have equivalent necessary public services. The states have road and highway departments. States have health departments. States have police and National Guard army units for defense. States have agricultural extension services to promote and inspect food production. States have social services and schools. When you really look at what our Federal government does, is to steal and waste our money. They rob us with crushing taxes, and then “give” maybe half (a generous estimate) of it back to states. The Federal government also enforces 75 volumes of Federal Regulations that stifle business and kill industry across America. Unfunded Federal mandates have bankrupt virtually all 50 states.

If we SHUT DOWN the IRS and their crushing taxes, shut down enforcement of the 75 volumes of regulations, get the government out of our lives and off our backs, WE THE PEOPLE would enjoy a new era of prosperity and productivity. Our states would be freed from the crushing burden of unfunded federal mandates. Our local taxes could be greatly reduced. Our states would again be solvent.

Shutting down the US Government would save $3,800,000,000,000 this year alone.

Shutting down the US Government would save every American man, woman, and little child $11,000 this year alone. That's $44,000 per family.

The time has come. Write to your Congressman and demand that they SHUT IT DOWN. No FY 2011 Continuing Resolution at all. No FY 2012 budget. No increase in government debt. Just shut the whole damn thing down and get it off our backs and out of our pockets.

SHUT IT DOWN! SHUT IT ALL DOWN!

SHUT THE WHOLE DAMN THING DOWN!

End Tax Funding of Libtard Broadcasting

Ms. Vivian Schiller, NPR (National Public Radio) President and CEO, addressed the National Press Club today. She dodged all the questions regarding endemic libtard bias at NPR. Many TEA Party and Republican Congressmen are saying that that the public should not be funding leftist political advocacy, or any political advocacy broadcasting. The new TEA Party House of Representatives eliminated all government funding for NPR and Corporation for Public Broadcasting.

Ever since their inception, NPR and CPB (Corporation for Public Broadcasting) have had a strong left or socialist bias. The bias shows up in what story they choose to tell, what things they say about the story, and who they hire to tell the story. When questioned by the National Press Club, Ms. Schiller refused to comment about how many or what percentage of liberals they have on their staff. It is basic human nature that anyone with a strong political opinion will believe that “neutral” is mostly what they believe. A broadcaster cannot have a neutral perspective if all their employees are socialists. The one conservative voice at NPR, Mr. Williams, was recently fired for speaking also on FOX news. Mr. Williams was also the only black man at NPR.

NPR and CPB are feminist libtard dominated. They continually broadcast anti-men hate along with their libtard agenda. Bob recently wrote to the local CPB station to complain about misandrist programming, but their mangina manager opined that “issues of interest to women” are not misandrist.

Public Broadcasting began in the 1960s when there were only 3 network channels on TV. It was believed that an alliterative outlet for many other programs was needed. All that has changed today. Instead of 3 networks we now have hundreds of cable and dish channels, and dozens of broadcast (antenna) channels in large markets. The need for public funding for broadcasting is long gone.

Broadcasters have a right to have a bias, but not with public money. There is no right to force conservative Americans to pay for libtard broadcasting. Just as commercial radio has conservative voices such as Rush Limbaugh or Michael Savage, so could private broadcasting have liberal voices. That is the essence of freedom of speech in the US. What is very wrong with PBS and CPB is that they are funded by robbing all Americans with tax laws.

The US Senate needs to approve HR-1 spending bill voted by the People's House. It cuts about $60 billion from current spending including elimination of publicly funded socialist misandrist propaganda broadcasting.

Dear Congressman -- An Open Letter

Dear Congressman,

Here's a good idea that is going around on the net.

Just CANCEL the FY 2011 budget. If the Democraps don't want HR-1, just walk away. Get on with working on a FY-2012 budget. Let The Obama whine about not having any authorized funding until October 1st.

Democraps failed utterly to adopt a FY-2011 budget in the 111th Congress that they controlled. Now its time for the 112th Congress to be working on FY-2012. Its all their fault. The People's House did your part passing HR-1 the Whole Year CR, but if the Democraps don't want it, then WE THE PEOPLE are the big winners.

Canceling a FY-2011 budget would save WE THE PEOPLE a ton of our tax money, maybe half a trillion in spending would be saved. It would teach Democraps that WE THE PEOPLE are serious about cutting spending. MILLIONS of TEA Party voters would stand up and cheer. This suggestion is all over the web, it appears multiple times in comments in every recent news story about government budgets.

Last week many conservative columnists opined that House leadership is caving in. And its true. Don't cave.

HR-1 is there if the Democraps want it.
So tell Boehner to inform the Senate that you all are going to work on FY-2012 and never look back. Then hold a victory party. If they accept HR-1 or not, its a VICTORY for the people!

WE THE PEOPLE will stand up and cheer if you, Boehner, and the House come through for us. Just walk away and let the Democraps whine.

Lying SCUMBAGS do it again.

Two decades ago Presidential candidate George H. W. Bush promised prospective voters, “Read my lips. No new taxes!” Once elected he forgot his promise to the people, caved in to Democrats in Congress, and approved new taxes. In doing so he taught a whole generation of voters that ALL politicians are lying scumbags who promise one thing and do quite another once they get to Washington. Finally, out of desperation, many of the old lied to voters had another go at changing our government. Millions of older voters formed the TEA Party, and millions of young voters who had not been lied to by the elder Bush scumbag still believed. We elected a new class of TEA Party Republicans to Congress in 2010. But now..... the same old lies and spending is happening again.

For more than a week all the media and political libtards have been whining about “shutting down the government” because, so they say, “There isn't time to negotiate a budget.”

Last year the Democrat controlled 111th Congress failed utterly to pass a FY 2011 budget for the government. On the last day of the lame duck session, as they adjourned for a Christmas break, they passed a Continuing Resolution allowing Obama to continue spending at 2010 levels until March 4, 2011. Well that date is coming up this Friday.

The House of Representatives is now controlled by Republicans due to the election of a lot of new TEA Party members. Two weeks ago the House debated and passed a Whole Year Continuing Resolution, HR-1. To become Law the House budget has to be approved by the Senate and The Obama. Since that time the Senate and The Obama have been whining and crying that the government will “shut down” after March 4 because they “don't have time” to adopt a spending bill.

If they are concerned about having time to deal with the government's budget, one might ask what the Democrat controlled Senate is doing to meet the Friday deadline. After taking last week off, and Monday, the Senate is scheduled to be in session on Tuesday and for the rest of the week. While wondering how much progress the Senate is making on the federal budget, I tuned into C-SPAN2, the Senate channel, this mourning. Is the Senate hard at work on the budget? LOL. Don't be silly. This is the same Democrats who failed to adopt any FY budget last year.

This morning, Tuesday March 1, with government facing a “shut down” if they don't compete budget action by March 4, the Senate is spending Tuesday debating the always exciting topic of Patent Law. Patent Law is very exciting. They teach whole classes in Pat ant Law in law school. Many Senators probably still have textbooks on Paten Law they had to buy when in Law School. Discussing Patent Law is probably as exciting as waiting for the 4:48 train, or counting goals in a 0-0 soccer game.

Democrats in the Senate and the major media, MSM, will blame Republicans and the House for “shutting down” the government. According to MSM reports, Republican leaders are willing to capitulate and give up their historic debate and adoption of HR-1. Their promise to “CUT SPENDING” was a sham to fool voters. They seem to be lying scumbags like the rest of the filth in Congress.

With the Senate debating Patent Law instead of passing HR-1, the People's House should be holding firm to their historic CR debate. Shame on the Republicans for caving in. Shame, shame, shame1

Understanding Money

If you attend a TEA Party meeting these days, or even some Republican Party caucuses, you are likely to find people advocating a return to “Hard Money” or “Commodity Based Money” or “The Gold Standard” for money. They are uneasy, or more likely afraid, that the US Dollar will collapse and render everyone's savings worthless. History is full of examples of nations where runaway inflation soon required a wheelbarrow of money to buy a loaf of bread. It is a very real concern considering the way our government has been spending money it doesn't have, borrowing Trillions of dollars for socialist programs, and “printing” money by bushel baskets and carloads. They worry about the Federal Reserve Bank, which they accurately point out is a commercial contractor to the government, not even part of the government. The Federal Reserve Bank is owned and run by individual business men, not by the people.

But their demand to return to some mythical good times when money was gold coins is not realistic and not going to solve the problem of runaway government spending. In fact, the demand for “commodity based” money shows so little understanding of basic economics that it makes the advocates appear to be silly and ignorant. It calls into question the rest of their proposals, some of which have a lot of merit.

To understand the problem better we first need to understand money and the history of money. What money is, and what money is not. From Dictionary dot com we have, “Mon-ey, noun, 1. any circulating medium of exchange, including coins, paper money, and demand deposits.” Remember that definition because we will get back to it. First I'll digress into the history of the Dollar and how we got to where we are today.

Back before the American Revolution, the British Colonists used English Pounds when available. There was also a lot of Spanish Doubloons and Pieces of Eight in circulation, especially in the more southern colonies. The silver Pieces of Eight were often cut into as many as 8 pieces or “bits.” Even today a US quarter dollar is still sometimes called “two bits.” The money system was mostly chaos. Farmers often bartered produce for blacksmith goods. Merchants and small shops took whatever they could get in payment. Buckskins or beaver pelts were sometimes used on the frontier. Two bucks might buy you a jug of whiskey. If you distilled whiskey like George Washington you might trade 5 gallons for a piece of furniture. Gold or silver was good if you could get it, but it was hard to come by in many parts of rural America.

The US Government began in debt. The Continental Congress borrowed most of the money that financed the Revolutionary War. They wrote bonds or notes to purchase materials, arms, and food for Washington's army, or to pay soldiers. When the new Constitutional government was created it took over the debts of the Revolution. Washington and Congress adopted a tax on whiskey to raise money to pay off the debt, but many distillers had no money. They bought stuff with jugs of whiskey, not money. There was a “Whiskey Rebellion.” President Washington had to call out the Militia to stop angry farmers who distilled whiskey from taking over the new government.

The word “Dollar” comes originally from Low German. In 1519 a Bohemian silver mine near the town of Joachimstal minted silver coins. The coins came to be called “Joachimstallers,” or Tallers” for short. Tallers from Joachimstal and later from other places were widely circulated in what is now Germany and much of northern Europe, New York was originally founded by Dutch and called New Amsterdam until it was captured by the English and renamed New York. There were German Tallers in circulation in New York and among immigrants from places such as Denmark or Germany. English colonists began using the term “Taller” or now “Dollar” to refer other silver coins such as Spanish pieces of eight. During the American Revolution there was a lot of public sentiment to divorce as much of America from England as possible. One way that division was created was to abandon English money and create American money. Continental Congress adopted “dollar” when it set up U.S. Currency in July 6, 1785. The decision was based on the suggestion of Thomas Jefferson and others, because the term was widely known but not British. No American dollars were actually used until 1794.

Money and commerce in the US was still chaotic from the beginning until the early 20th century. The authors of the US Constitution gave the new Congress the authority to coin money and to regulate interstate commerce, but it took a long time to develop methods to accomplish a uniform system of money that could be used. As mentioned earlier, farmers who used whiskey for trade goods revolted in the Whiskey Rebellion in the 1790s because they had no money to pay President Washington's new tax. The first minting of Dollars began in response to that and other critical needs for money to lubricate business in the new America.

We need to stop for a moment in our history discussion to remember that what we call “money” any circulating medium of exchange. Money can be thought of as a kind of oil or even fuel that allows commerce to work. Money has no intrinsic value unto itself but only represents various goods or services that can be exchanged. Hold this thought. We will come back to it.

During the 18th and 19th centuries, many commercial banks were started by enterprising men in just about every town across America. As anyone who has ever borrowed money knows, when you go to a bank to borrow money they don't hand you a pile of gold. They write a “draft,” “note,” or “cashier's check,” and hand you a piece of paper with their promise to pay written on it. During the 19th century banks all across America printed bank notes or the bank's promise to pay and gave them to people who borrowed “money” from the bank or who made deposits of gold or silver for the bank to hold. For any larger purchase a bank draft is much easier to handle than a strong box full of gold. By the middle of the 19th century the majority of buying and selling in the US was done with bank notes issued by thousands of small town banks. Over 90% of the people were family farmers who did all their business with the local merchant, but the chaos of money was an ongoing problem.

With thousands of banks issuing their own notes or “money” to be used in local business nobody more than a few miles away from the small town knew if the notes were any good or not. How could a merchant in Atlanta buy wheat from Ohio if he had to pay in bank notes on a bank that neither the buyer or the seller had ever heard of? How could a beef merchant in Chicago or New York City pay for cows from Texas? And the new railroads had to allow people in every city and village to buy tickets or pay for freight shipments. There were frequent local and some national panics caused by a loss of confidence in bank notes. There were frequent “runs” on banks where people would lose confidence and start taking all the notes to the bank demanding gold. None of the banks kept enough gold to pay all their notes. The bank's assets were in loans to other people, a note or mortgage from some farmer or merchant, not gold. The chaos of a thousand bank notes and frequent panics became worse and worse as people and commerce left the farms and moved to cities. By the last part of the 19th century frequent panics had become common. Business and manufacturing was getting to be impossible. Something better had to be found.

Using “money” made of gold, silver, or copper is a lot like speculating in the commodity markets. The value or price of metals goes up and down according to supply, demand, and speculation. Almost 30 years ago a guy I worked with invested most of his saving to buy gold at about $800 per ounce. A few weeks later the market price of gold dropped to less than $400 per ounce. His investment in gold “hard money” was a loss until only the past couple of years the price of gold went back up. Buying gold, silver, oil, or potatoes is a little like going to a casino and rolling some dice. It does not make a stable basis that large and small businesses can count on to make payroll week after week.

The solution the government came up with was to contract with a major, government chartered bank to print and issue government notes that would be known and used in every state. The government notes originally said “Pay to the Bearer One Dollar in Silver,” then they said “Pay to the Bearer One Dollar.” Now they don't even say "pay," they just say "Federal Reserve Note, One Dollar." When coins quit being made of silver the paper dollar, bank notes, couldn't promise a dollar in silver because a dollar coin was made of copper or some other alloy. We know the bank as the Federal Reserve Bank and they have several regional branches. We now have only one commercial bank printing bank drafts or bills that we all know. Or do we? Lets look at “money” again.

At the TEA Party, the Republican local caucus, and other places people worry out loud about the government “printing” money to pay its bills. Go back to “hard” money or gold coins, some say. But how does "printing money" actually work in the lives of most Americans?

Green back dollars, the Federal Reserve Notes we are all familiar with, are only about 1% of the money in regular commerce in the US. When the government “prints” money are they rolling the presses to print more greenback dollars? Nope. Lets look deeper into “printing money.”

Often when I go to my local Buy Mart store to get a basket full of stuff I don't have a pocket full of notes from the Federal Reserve Bank to pay for the food, tools, beer, and other stuff. I might whip out my “check” book and write a bank draft or “check” to pay Buy Mart for the stuff. At the end of the month I get a small pile of bills for cable TV, utilities, rent, loan payments, etc. I whip out my check book and write some bank drafts or “checks” to pay them. I have printed money to pay my bills and buy stuff. My “check” is a bank draft, a promise to pay the bearer. It represents a lot MORE MONEY than the Federal Reserve Notes I have in my pocket. Exactly like the thousands of commercial bank notes circulating in the 19th century, I have printed money and spent it. Is it real money? Of course it it. I can spend it to buy stuff. My check is paper money, a medium of exchange regularly accepted in commerce. Every time you or me write a check and spends it, the total of all money in circulation in the US goes up by the amount of money we just “printed.” Your personal check also has the same problem that small town bank notes had in the 19th century. If you go to Atlanta, or Chicago, they don't know who you or your bank are, so they don't want to take your out of town bank draft.

If you look closely at the greenback dollars, the Federal Reserve Notes, they are very much like your personal check. They are promises to pay, a “note” drawn on a commercial bank. The Federal Reserve Note has the bank's name, the Federal Reserve System, and your check has your bank's name. Both have the amount to pay. Both have the signature of the person or entity responsible to pay. The greenback dollar is signed by the Treasurer of the United States, and the Secretary of the Treasury of the United States. Even though the Federal Reserve System is actually a commercial bank, the government's note is the same kind of “money” as your own bank note or “check.”

If the TEA Party and Republican Caucus proposal is adopted and we return to “hard money,” you or I would have to take a box of gold, count out appropriate amounts and take it around to all the merchants to pay our monthly bills instead of sending them a bank draft, a check. We would have to get a shipping box from the post office, put in some gold, and mail it to out of town businesses. There would be lots of chance for theft, miscounting, and other problems, to say nothing about the inconvenience to us. We would still have to write out paperwork documenting how much gold we thought we had put in the box. Assuming that there is enough gold (which there isn't) just handling physical stuff is problematic. Its much easier just to write a check (money) and pop it in an envelope. The check becomes our record in case of future question about the amount paid. With a stack of gold we don't have a record. Having to use gold instead of writing checks would be a big problem for every one of us every day.

All the commercial banks in the US print money every day too. When you go to a bank to get a loan for a home or car do they hand you a strong box full of gold? Nope. Do they hand you a suitcase full of greenback dollars? Nope. They print out a bank draft, their check, the same kind of paper money that you can write. The bank hands you a bank draft, their promise to pay, money. Or do they. If we look deeper even the bank checks are only a fraction of money in the US.

The last time I went to a commercial bank to get a loan for a car, they actually did not hand me a check, a cashier's check, or a bank draft. The loan officer pounded a few keys on his computer and caused the bank's computer to show several thousand dollars more in my account. He handed me a deposit receipt for the money, his promise to pay me that amount which I can assign to someone else by writing a check. There are no greenback dollars that I can fold and stuff in my pocket. The bank had just created several thousand dollars, but all of it existed only as numbers, or organized electrons, in the bank's computer. Is it real money? Of course its real money. I can go to any store and spend it. I can go to a car dealer and buy a car with it. I can go to a land seller and by real property with it. I can go on-line to Wal-Mart dot com, type in my numbers, and they will send me a new 47 inch HD TV made in Asia. If it isn't real money I couldn't spend it at Wal Mart.

It turns out that over 90% of ALL THE MONEY in the US exists ONLY as organized electrons or magnetic fields representing a binary code of 1s and 0s in someone's computer.

The "hard" money argument says that the government could not spend money it doesn't have if it could only spend gold or silver money. That is true, but neither could any of us 360 million American people. Our economy could not function without the demand deposits, checks, and organized electrons lubricating business and shopping. Shoe stores and grocery stores, farms and factories could not function. Even if we wanted to hand gold back and forth instead swiping a card or shopping on-line, there just isn't enough gold for a world population of 6 billion to do business. Most of us don't want to give up shopping on-line either.

Many of us don't even write checks very often any more because they are slow and tedious compared to swiping a card or typing in our account numbers. We call it “plastic money” because the card that holds the computer code strip is plastic. Is it “real” money? Can you buy stuff with it? Of course you can. Would you rather have to count out gold and ship it to the Amazon to buy a book rather than entering your VISA card numbers? No, you would not. Requiring “hard money” instead of data code money would just close down most of the businesses and jobs in the US. In the 19th century people often didn't have “money” to buy meat and potatoes because they had no gold. It was chaos. We do not want to bring that dysfunctional chaos back.

Arguing for a return to “hard” gold money or “commodity based” money would do away with almost all the real money that is used today to facilitate computerized business. Many of the checkout clerks at grocery and dry goods stores are now called “scanners” because their job has become one of data entry into computers. They scan the products sold, and scan the magnetic coded strip on the customer's card. They are still able to accept greenback notes, but they don't like to. I don't spend the greenback dollars, the Federal Reserve Notes any more except at yard sales and hamburger joints.

The Congress wisely has authority under the Constitution to "coin" money and promote or regulate interstate commerce. Technology and population have moved our "money" from gold and silver coins to binary computer codes, but it is still "coining" money. And a nation wide system is still necessary to regulate interstate commerce.

When the TEA Party or Republican caucus argues for a return to “commodity based” or gold standard money, they display a real ignorance of the meaning and use of money. This advocacy shows a lack of economic good sense so sever that it discredits their general understanding of economics in other areas. Obviously socialists are economic nincompoops, but “hard money” conservatives have no claim to economic sense either.

There are real reasons to fear for the economy today considering the abysmal mismanagement going on in the Obama regime. Massive deficit spending is done by selling bonds at auction and writing government checks with no money in an account. It may, in fact, destroy confidence in US Dollars to the point where they become effectively worthless. But its not done by “printing” greenbacks. It is done, mostly, by entering revised data in bank computers. Lets get real, and go after the real problems.

Obama's Revenge

The news today from Wall Street is that the DOW industrials average is down into the 6,000s. That is the lowest figure since the early 1990s. Anyone who has your life savings in mutual funds, market shares, retirement plans, or real estate has lost fully half of your net worth in the past 6 months. Obama is working hard to take away the rest.

The Obamanation is deliberately bankrupting the United States. They are aggressively trying to punish any American who has worked hard all his life and invested his savings in a retirement account or personal investments. Obama wants to destroy all the wealth that the poor black ghetto residents have never been smart enough to gather for themselves. It is Obama's revenge.

So far there are 2 states are too bankrupt to pay their debts, have failed to pay tax refunds owed to citizens, and aren't paying their bills. The 2 states are California and Kansas. Fore her success in bankrupting Kansas, Obama has appointed Kansas Governess Kathleen Sebelius to his Cabinet as Secretary of Health and Human Services. Ms. Sebelius is expected to work on implementation of a massive health care program for everyone who won't work. The proposed blank check medical program will greatly expedite the bankruptcy of the Nation. Bankrupting Kansas is a great qualification for the Obamanation.

Watch out America. You are going to be broke before the people can take back our nation, or the pieces that will be left.

The lessons of history

It's getting scary. Obama is talking about “getting past” Constitutional limits, and Biden has warned us that within 6 months they will create a crisis and take action that most Americans will believe is wrong. It sounds more and more like the 1930s rise to power of the German National Socialist Labor Party. Half of Americans are worshiping the future dictator, he is the Messiah, the god incarnate. Some black churches are alrady praying to him. Within 6 months of the election they will create a crisis and overturn the Constitutional limits on his power, declaring Obama as the supreme power in the US, der Furor to use the German term.

An interview -- conducted by Chicago Public Radio in 2001, while Obama was an Illinois state senator and a law professor (lecturer) at the University of Chicago

Obama said, "The Supreme Court never ventured into the issues of redistribution of wealth and sort of basic issues of political and economic justice in this society, and to that extent as radical as people try to characterize the Warren Court, it wasn't that radical."

"It didn't break free from the essential constraints that were placed by the founding fathers in the Constitution, at least as it has been interpreted.

"And the Warren court interpreted it generally in the same way -- that the Constitution is a document of negative liberties, says what the states can't do to you, says what the federal government can't do to you, but it doesn't say what the federal government or state government must do on your behalf, and that hasn't shifted.

"And I think one of the tragedies of the civil rights movement was that the civil rights movement became so court-focused, I think there was a tendency to lose track of the political and organizing activities on the ground that are able to bring about the coalitions of power through which you bring about redistributive change, and in some ways we still suffer from that," Obama said.

Within 6 months of taking office Obama is planning to assume total power in the US, equal to Napoleon, Stalin, Julius Caesar, or Hitlar. Within a year after taking power Obama will begin shifting wealth, confiscating property, sending white men to work camps, and beginning the racial genocide that is at the heart of black radicalism.

You have very little time before the election to stockpile ammunition and hide your arms. Be afraid, be very afriad.

Selling Out and Getting Out – The Obamanation

Wall Street investors are selling out and getting out of the USA in massive numbers. Trillions of dollars of the “smart money” is dumping American stocks and expatriating before the upcoming elections. Investors, those with money to lose, are very scared of the “CHANGE” that the Indonesian Muslim Communist has promised if he gets elected. The DOW is down another 300 points today, already at levels not seen since the 1980s.

Obama intends to “CHANGE” the US in ways that none of the veterans of WW II could have imagined. Our Constitutional limits on government have been largely ignored for most of the past century, but Obama plans to officially abandon it, CHANGE. A free market or a largely free market has been the engine that powers American prosperity. Obama plans to “share the wealth,” which means he intends to replace the free market with a communist economy. The blue gun thugs will love the Obamanation because police state control of our lives will be greatly expanded, but any white man trying to support his family will be in real trouble. Even hard working black men will be in trouble for their votes. One of the first laws to be passed will unionize small businesses, which, in addition to greatly raising their taxes, will drive most of them out of business.

The smart money and the wealthy are expatriating in massive and completely unprecedented numbers. Anyone with good sense and the ability to do so is getting out now -- while they still can.

Of course a communist economy doesn't produce enough wealth to “share the wealth” as the Obamanation expects. You can only rob a rich man once. His wealth soon evaporates into the ever hungry mouths of the lazy welfare queens who expect papa government to support her and her several bastard kids. Much of it disappears in the government bureaucracy and blue gun thugs armies needed to control the people.

The economy will stop. Food and energy will not be produced and distributed. Bread lines typical of the former Soviet Union will appear in every city. State governments will fail. Already, the most liberal states are in big trouble. California has not been able to pay for all the benefits they have promised their people, yet they continue to make more promises. An Obamanation is likely to fall rapidly into complete economic collapse, and come apart into separate states or groups of states in a manner similar to what happened to the former Soviet Union. Communism, when followed to its inevitable conclusion, leads to starvation, famine, and national collapse.

The only good result of the coming disaster for America is that after the starving times, and after the war, we may be able to rebuild a good nation based on real leadership, without female suffrage, without universal suffrage, without voting by every stupid idiot who wants more and more government support, who wants to "share the wealth" of any man foolish enough to work. Universal suffrage inevitably leads to national collapse by voting some really stupid “share the wealth” robbery of anyone who creates wealth. Only those who own land and have a vested stake in the future of the economy should be allowed to vote. After the collapse of the former United States, those men who survive may be able to rebuild a new nation based on leadership and good sense.

You want “CHANGE” America? You are going to get it if Obama is made President with a Democratic/Communist Congress.

The south of France looks better and better. If you stay, hide your arms, and stock up on ammunition.

Be afraid. Be very afraid.
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Political solicitations

This is political season. All the political parties, PACs and hack organizations are asking for money or support. This is the best time to remind all of them that we MEN do not support anti-men misandrist hate groups. This morning, Bob got the following e-mail from a typical fund raising political group:

Dear GOP USA Reader,
The election of 2008 could raise taxes, limit freedom and inaugurate the beginning of "big-brother" government, including socialized healthcare. We do not have the luxury to simply wait and discover what will happen. That is why it is important to continue fighting for conservative principles and policies and telling Americans the truth about the liberal policies Hillary Clinton and Nancy Pelosi want to place on me and you.

We at the American Conservative Union fight daily for the core conservative principles that made our nation great. We mobilize hundreds of thousands of our grassroots activists to influence politics and change the course of legislation on Capital Hill. We also unite and train thousands of activists and current and future leaders at our annual Conservative Political Action Conference (CPAC) in Washington , D.C.

I want to thank you for all you do to help promote and strengthen conservatism. Your active involvement is critical as we face the challenges ahead.

Their message went on to list some of the usual irrelevant political crap that fails to address real men, and real families.

After carefully considering their request for about 3 seconds, Bob replied with the following notice:

Dear GOP USA
You have nothing in your message about restoring the rights of fathers and ending the feminist war on boys and men. Pound sand!
Bob

If you ever see a major political candidate of either party who's web site has a section on "Men's Issues" pleas let us know. Until then, Bob won’t vote for any of the feminazi scum and won‘t send their lying men-hating action groups a dime.