Federal Reserve Buys U.S. Treasuries

On Tuesday, April 21, 2009, the Fox Business Network printed this on their website:

NEW YORK -- The Federal Reserve Bank of New York bought $7 billion in Treasurys on Tuesday, part of a program aimed at improving conditions in private credit markets and spurring lending. The debt bought included notes maturing between 2016 and 2019. Dealers submitted $26.8 billion in debt to be purchased. The Fed will continue its buybacks with another operation on Thursday, heading towards purchasing $300 billion in Treasury securities over the next six months. Ten-year note yields stayed down by 2 basis points to 2.82%.

Copyright © 2009 MarketWatch, Inc.

Isn’t this just moving debt from one pocket to another?  I am not a financial guy or an economist but having to buy your own treasuries I wouldn’t think is a good idea.  If anybody has any thoughts on this that are smarter than me it would be great it hear them.

Fed Buys $7 Billion In Treasurys

Source: Fox Business Network

Earth Day Tomorrow!

Here is a great quote from Glenn Beck’s free Newsletter that I thought we would all appreciate:

“Earth Day is tomorrow! Celebrate by cutting down a tree with a chainsaw or leaving your lights on while you are gone or anything else that would hack off an environmentalist --- and tune in to Glenn on radio tomorrow to celebrate the most useless day of the year.”

I tend to agree with Glenn.  I’m not big on the once a year days to show how much you care (kind of like Valentine’s Day).  If you really cared about the environment, you would show it in your daily actions not just once a year.

By the way, for all those people who are worried about the ice caps melting and flooding everything, they might be interested in knowing that they aren’t melting, they are actually growing.  Too bad!  Those so called environmentalists are going to have to find something to use to try and increase their control and power over the rest of us.

Report: Antarctic Ice Growing, Not Shrinking

Sources: Glenn Beck Free Newsletter, Foxnews.com

Budget Cuts by Obama Not Worth Much

When you have a budget of $3.5 trillion, $100 million in budget cuts is like taking one drop of water out of an Olympic size swimming pool because it was too full.

As is stated in an article on Hot Air, “This is an insult to the intelligence of fiscal conservatives.”  We complain that you are spending too much in Washington and that is the best you can do?  Give me a break.  If that was all you, Barak Obama, are willing to do, then you might well have done no budget cuts.  Maybe you should start with stopping all of this TARP nonsense and bailing out businesses that are “too large to fail.”  How about this radical idea: cut all the wasteful spending on Washington on useless departments and programs that don’t work.

Enough of my rant.  Read the articles below if you want to know more about these budget cuts.

Obama demands 0.0029% budget cut after running up spending
SPIN METER: Saving federal money the easy way

Sources: BreitBart.com, Hot Air

The Problem With Big Government

There are so much information that I could write about everyday I have a hard time determining what would be the most important.  I could spend all day writing posts if I had the time.  Today’s post is a story I received from a friend of mine.  I don’t know if it is true or not but it makes a very valid point. 

Wild Pigs

A chemistry professor in a large college had some exchange students in the class. One day while the class was in the lab the Professor noticed one young man (exchange student) who kept rubbing his back, and stretching as if his back hurt.

The professor asked the young man what was the matter. The student told him he had a bullet lodged in his back. He had been shot while fighting communists in his native country who were trying to overthrow his country's government and install a new communist government.

In the midst of his story he looked at the professor and asked a strange question. He asked, 'Do you know how to catch wild pigs?'
The professor thought it was a joke and asked for the punch line. The young man said this was no joke. 'You catch wild pigs by finding a suitable place in the woods and putting corn on the ground. The pigs find it and begin to come everyday to eat the free corn. When they are used to coming every day, you put a fence down one side of the place where they are used to coming. When they get used to the fence, they begin to eat the corn again and you put up another side of the fence. They get used to that and start to eat again. You continue until you have all four sides of the fence up with a gate in The last side. The pigs, who are used to the free corn, start to come through the gate to eat, you slam the gate on them and catch the whole herd.

Suddenly the wild pigs have lost their freedom. They run around and around inside the fence, but they are caught. Soon they go back to eating the free corn. They are so used to it that they have forgotten how to forage in the woods for themselves, so they accept their captivity.

The young man then told the professor that is exactly what he sees happening to America . The government keeps pushing us toward socialism and keeps spreading the free corn out in the form of programs such as supplemental income, tax credit for unearned income, tobacco subsidies, dairy subsidies, payments not to plant crops (CRP), welfare, medicine, drugs, etc.. While we continually lose our freedoms -- just a little at a time.

One should always remember: There is no such thing as a free lunch! Also, a politician will never provide a service for you cheaper than you can do it yourself.

So, if you see that all of this wonderful government 'help' is a problem confronting the future of democracy in America , you might want to send this on to your friends. If you think the free ride is essential to your way of life then you will probably delete this email, but God help you when the gate slams shut!

Keep your eyes on the newly elected politicians who are about to slam the gate on America .

"A government big enough to give you everything you want, is big enough to take away everything you have."

Green Jobs…Not What We Need

Barak Obama is pushing green jobs, similar to what they have in Spain.  The problem is, it will have a negative effect on an already reeling economy.  According to study done by a university in Madrid, for every green job created, at least 2.2 non-green job will be lost.  That doesn’t sound like a good return on investment. 

Why can’t we just push to grow already existing industries?  Again, just as I mentioned in a previous post, this is not about protecting the environment, this is about control and power.  What are we going to do to make Washington listen us?  Go to The 9/12 Project to see what we can do.

Job Losses From Obama Green Stimulus Foreseen in Spanish Study

Source: Bloomberg

EPA concludes carbon dioxide bad for humans… well duh!

Do we really need a study to determine this?  It is obvious to me that carbon dioxide is bad for us considering we exhale carbon dioxide out of our bodies to get rid of it.  Guess what?  There is something else out there that likes carbon dioxide.  Anybody now what it is?  Any guesses? Has anybody heard of trees, plants, grass, etc?  This lovely creations love carbon dioxide.  Guess what else?  These things, commonly known as plant life, go through something called photosynthesis in which they absorb carbon dioxide and release oxygen.  Humans need oxygen to survive.  Hmmm…

How about instead of regulating CO2 (another name for carbon dioxide) we grow more plant life.  You might be surprised the growth of your plants when they have a lot of CO2.  I am tired of more and more government regulation that limits our freedom and makes everything in our life more expensive.

EPA Takes First Step Toward Regulating Pollution Linked to Climate Change

Source: Fox News Politics

Additional Drilling in Alaska? “No!” Says Appeals Court

Today an appeals court shot us in the food again when it comes to energy independence. 

• Forget that the caribou are flourishing in the area of Alaska that has the oil pipelines. 
• Forget that were we are drilling is a barren wasteland. 
• Forget that we should be more concerned about American citizens then we are about the environment in Alaska.

This is more about control then it is about protecting the environment.  It just goes to show that absolute power corrupts absolutely.

Appeals Court Cancels Drilling Program Off Alaska Coast

Source: Fox News Politics

Korea Expels U.S. Nuclear Experts

U.S. monitors of North Korea's nuclear program pulled out of the communist nation Friday after the regime expelled them and vowed to restart its reactor in anger over U.N. criticism of its recent rocket launch.

U.S. Nuclear Experts Leave North Korea

Sounds like they are pulling the same trick that Saddam Hussein did in Iraq.  We still have the same ‘do nothing’ U.N. but we now also have the ‘do nothing’ U.S. government to.  We will through out threats and pass U.N. resolutions but ultimately will do nothing.  We cannot even bankrupt them like with did the USSR doing the cold war because we have no money.  Barak Obama wouldn’t do that anyways.  He is already cutting spending in the Defense Department, the only department he is cutting spending in.

This will have dire consequences.  Soon we will have nuclear weapons in the hands of North Korea and Iran.  Not a good thing.

Source: Fox News

Collapse of the two-party system

I was listening to Glenn Beck yesterday and he discussed something that I had kind of talked about a while ago in a previous post on another blog.  Glenn Beck took it a bit further and talked about the collapse of the two-party system and not the rise of a third-party. 

With all the disenfranchisement in the country against both parties, I could see that collapse happening.  What will happen after that, I don’t know.  I still believe a third-party will emerge out of the ashes of the Republican and Democrat parties.  I was under the impression that it would be for several years but I’m beginning to wonder if it won’t be sooner.

Time will tell and I will keep you posted.

Beginning of end for 2 party system?

Source: GlennBeck.com

China Switching it’s Foreign Reserves

In the Telegraph today, there is a report that China is now starting to switch it’s foreign reserves from U.S. Treasuries and the dollar to copper.  That doesn’t bode well for the U.S.  Washington is continuing to bet on the Chi-Coms to purchase our Treasuries (even though they are worthless) and continue to let us borrow money from them.  It looks like that is going to stop very soon.  Then what will we do in here in the U.S.? Print more money.  I would suggest that we stop spending money but I don’t think Washington knows the meaning of the word ‘STOP’.  Hopefully not, but it seems we are headed for a crash of the U.S. dollar and when that happens the only way to go to is to create a new global currency.  Not a good idea but the Chi-Coms will be set up perfectly if it is a copper backed currency.

What does the future hold for the dollar?  Only time will tell.

A 'Copper Standard' for the world's currency system?

Source: Telegraph.co.uk

Rightwing Extremist… and Proud of it!!!

According to a new DHS report, put out by none other than the great Janet Napalitanto, any true conservative is now being labeled as a “rightwing extremist.”  If I’m a rightwing extremist, so be it.  You might be as well.  If you stand for these things, then be prepared to be labeled a rightwing extremist:

• Limited Government
• Lower Taxes
• Freedom to Bear Arms
• Ex-Military
• Against Illegal Immigration
• Against a welfare state
• Support of the U.S. Constitution
• Support of States’ Rights
• Against a New Global Currency
• Believe the Federal Reserve is Unconstitutional
• Against Unhindered Government Spending
• Attending a Tea Party

I would like to welcome all of you rightwing extremists to the ranks.  Have a great day at the tea parties!

Report: Rightwing Extremism: Current Economic and Political Climate Fueling Resurgence in Radicalization and Recruitment

Source: Napolitano stands by 'extremism' report

WAKE UP CALL: TEXAS GOV. BACK RESOLUTION AFFIRMING SOVEREIGNTY

Gov. Rick Perry joined state Rep. Brandon Creighton and sponsors of House Concurrent Resolution (HCR) 50 in support of states’ rights under the 10th Amendment to the U.S. Constitution.

“I believe that our federal government has become oppressive in its size, its intrusion into the lives of our citizens, and its interference with the affairs of our state,” Gov. Perry said. “That is why I am here today to express my unwavering support for efforts all across our country to reaffirm the states’ rights affirmed by the Tenth Amendment to the U.S. Constitution. I believe that returning to the letter and spirit of the U.S. Constitution and its essential 10th Amendment will free our state from undue regulations, and ultimately strengthen our Union.”

Perry continued: "Millions of Texans are tired of Washington, DC trying to come down here to tell us how to run Texas."

A number of recent federal proposals are not within the scope of the federal government’s constitutionally designated powers and impede the states’ right to govern themselves. HCR 50 affirms that Texas claims sovereignty under the 10th Amendment over all powers not otherwise granted to the federal government.

It also designates that all compulsory federal legislation that requires states to comply under threat of civil or criminal penalties, or that requires states to pass legislation or lose federal funding, be prohibited or repealed.

WAKE UP CALL: TEXAS GOV. BACK RESOLUTION AFFIRMING SOVEREIGNTY

Source: The Drudge Report

Reagan's Legacy: Our 25-Year Boom

After 25 years of record-setting economic performance around the world, set off by President Reagan's free-market policies, the world has fallen into a recession. Is this the inevitable end of an era?

Reagan's Legacy: Our 25-Year Boom

Source: IBD Editorials

Tea Party Protests Create Online Sales Boom

Here is some stimulus for you, all created by the private sector, as it should be.

Grassroots organizations have produced a cottage industry of Tea Party-themed products that are funding nationwide protests of government spending and bailouts -- and generating their own mini-stimulus to boot.

Tea Party Protests Create Online Sales Boom

Source: Fox News

WE Surround Them

Do any of you ever feel that you are not being heard by our politicians? Well, here is something that you can do. This was taken from the Glenn Beck show, the third most listened to radio show in all of America. If you believe in the principles that this country was founded on follow the instructions listed and let's see if we can make a difference and help us all realize that we are not alone.

WE Surround Them

Do you watch the direction that America is being taken in and feel powerless to stop it?

Do you believe that your voice isn’t loud enough to be heard above the noise anymore?

Do you read the headlines everyday and feel an empty pit in your stomach…as if you’re completely alone?

If so, then you’ve fallen for the Wizard of Oz lie. While the voices you hear in the distance may sound intimidating, as if they surround us from all sides—the reality is very different. Once you pull the curtain away you realize that there are only a few people pressing the buttons, and their voices are weak. The truth is that they don’t surround us at all.

We surround them.

So, how do we show America what’s really behind the curtain? Below are nine simple principles. If you believe in at least seven of them, then we have something in common. I urge you to read the instructions at the end for how to help make your voice heard.

The Nine Principles

1. America is good.

2. I believe in God and He is the Center of my Life.

3. I must always try to be a more honest person than I was yesterday.

4. The family is sacred. My spouse and I are the ultimate authority, not the government.

5. If you break the law you pay the penalty. Justice is blind and no one is above it.

6. I have a right to life, liberty and pursuit of happiness, but there is no guarantee of equal results.

7. I work hard for what I have and I will share it with who I want to. Government cannot force me to be charitable.

8. It is not un-American for me to disagree with authority or to share my personal opinion.

9. The government works for me. I do not answer to them, they answer to me.

You Are Not Alone

If you agree with at least seven of those principles, then you are not alone. Please send a digital version of your picture to: wesurroundthem@foxnews.com and then stay tuned to the radio and television shows over the coming weeks to see how we intend to pull back the curtain.

(Source: http://www.glennbeck.com/content/articles/article/198/21018/)

If you want to share this with your friends, family, associates, acquaintances, or anyone, click on the link below to download a word document that you can print out and share with them.

http://dl.getdropbox.com/u/557107/You%20Are%20Not%20Alone.doc

Also, here is the video of Glenn Beck on his new show on Fox News talking about this very thing:

Looking forward to 2012

This country now has 'hope' and 'change' from our charismatic new President-elect Barack Obama. It just goes to show that having a moderate running on a conservative ticket doesn't work. We have not had a true-blue conservative on the Republican ticket since Ronald Reagan ran in '80 and '84. I just don't understand the Republican Leadership. They continue every election to try and put a moderate in the White House. Their conservative base is tired of it. We need real conservatives like Sarah Palin, Bobby Jindal, Tim Pawlenty, and Charlie Crist. When we shore up our conservative base like Reagan did, we could see another of the same landslide victories that Reagan saw in both of his bids for the presidency.



One can always hope, right?

NOTE: The Palin / Jindal '12 image is brought to you by none other than Glenn Beck.

'Black Panthers' Block Access to polling station

What is this? Talk about voter intimidation. I know Barack Obama had nothing do to with this. The interesting thing is that at the beginning of Barack Obama's campaign (maybe even still) one of the endorsements listed on his campaign website was The Black Panther Party.

This video has also been added to the Sean Hannity website and the Drudge Report.

Voting Locations: Where do I go to vote?

Well, tomorrow is the big day. No matter who you vote for, go vote! The important thing is to educate yourself on the candidates and the issues and then use your new found knowledge and prayerfully decide who you and what you are going to vote for.

I found a cool tool today that might help anybody that is needing to find where they are supposed to cast their ballot. It was put together by Google. All you have to do is type in your address and it tells you where you polling location is.

Voting is an important right for a free nation. It gives us the opportunity to make our voice heard. According to the United States Election Project, put together by Dr. Michael McDonald, an Associate Professor at George Mason University, the last General Election in 2004 had a voter turnout of about 60% but the interim election in 2006 had a voter turn out of only about 40%. We need to get out and vote!

See you at the polls!

Get Out The Vote!

Same-sex marriage in California

I would like to post about a very heated issue that is going on this election: the issue of same-sex marriage in California. Proposition 8 is on the ballot. If it passes, the California state constitution will be changed to include these words: "Only marriage between a man and a woman will be recognized in the state of California." If this proposition does not pass there will be dire consequences. Some people may say: "What does it matter? It doesn't affect me, does it?" I have news for you. It will affect you in more ways that you might realize. Take a look at some information on another blog that I have. Check out this post as well as this post if you are interested.

Today, I just found some videos my young adults in the state of California. These videos address many of the questions people may have on this issue and can explain it better than I can. These videos can be found on this website. Let me share one of these videos with you:

I hope that Californians vote loud and clear and they do not want to change the definition of marriage!

Success: How is it achieved?

That is a question I ask myself frequently. How do we, as individuals or as a group, achieve success? How do we know if we have achieved success? In order to better understand these questions lets go back to the beginning of time. I am a Christian and very religious. I believe that what is recorded in the Holy Bible is literal and actually happened. In the beginning, after everything was created, God created Adam and Eve. Then God gave Adam and Eve commandments, one of them being not to eat of the forbidden fruit. Then Satan (the serpent) tempted Adam and Eve to partake of the forbidden fruit. In the words of the Bible, this is what he said, "Ye shall not surely die...your eyes shall be opened...knowing good and evil." (Genesis 3:4-5) Another verse of scripture helps clarify this in these words: "For it must needs be, that there is an opposition in all things. righteousness could not be brought to pass, neither wickedness, neither holiness nor misery, neither good nor bad...corruption nor incorruption, happiness nor misery, neither sense nor insensibility." (2 Nephi 2:11) I would add also to that, neither failure or success. In other words, in order to achieve success and know that we have achieved success we must have first failed. The old adage comes to mind, "If at first you don't succeed, try, try again."

At this point you are probably wondering what this has to do with a political discussion. Let me clarify it for you. If you don't let people (or businesses) fail they will never become stronger and achieve success. People will never learn from their own mistakes or the mistakes of others to be able to finally succeed in what they want to achieve. As the government continues to bailout companies because they are "too big to fail" greater more successful businesses will never have the opportunity to come about. People are more likely to take on more risk then they should if they believe that they are going to be bailed out in the end if something goes wrong. Also, if individuals are bailed out of their mortgages (or anything for that matter) they don't understand what is necessary to achieve success and will rely on someone else, namely the government for everything. If our government continues to do this it will be the start of the welfare state.