September 3rd,2010

Rep. Ron Paul: Government Obstructs Energy Independence

The Smoking Argus

Government and Gasoline

Cannon House Office BuildingAs we head into the summer driving season and gasoline prices are again creeping up, the administration has announced plans to explore opening up more off-shore areas for exploration and drilling. On the one hand this can be lauded as a positive step. On the other hand, it is too little, much too late to have any meaningful or long-term effect on what Americans pay at the pump any time soon, if at all.

Indeed, if increasing domestic energy production was really a priority, the administration would direct the EPA to remove its many roadblocks and barriers to energy production. In fact, abolishing the EPA altogether would do much to improve our country’s economy. Instead of protecting the environment as they are supposed to do, most of what they do simply chills the economy. Polluters should be directly liable in court to any and all parties they harm, rather than bureaucrats at the EPA. [Full Transcript]

Video Courtesy: Minnesota Chris
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Source(s): Representative Ron Paul’s House Webpage • MinnesotaChris YouTube Channel

President Obama: Action on Financial Reform for the Economy

The Smoking Argus

The White HouseOFFICIAL STATEMENT / WASHINGTON D.C. – As a key committee in the Senate takes up reforming the ways of Wall Street, the President lays down a marker: “I urge those in the Senate who support these reforms to remain strong, to resist the pressure from those who would preserve the status quo, to stand up for their constituents and our country. And I promise to use every tool at my disposal to see these reforms enacted: to ensure that the bill I sign into law reflects not the special interests of Wall Street, but the best interests of the American people.” [FULL TRANSCRIPT]

—END OFFICIAL STATEMENT—

Video Courtesy: The White House
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Source(s): The White House

Worldwide Premiere of “Not Evil just Wrong, The true cost of Global Warming HYSTERIA

Allison Bricker

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Synopsis:

Global warming alarmists want Americans to believe that humans are killing the planet. But Not Evil Just Wrong, a new documentary by Phelim McAleer and Ann McElhinney, proves that the only threats to America (and the rest of the world) are the fl awed science and sky-is-falling rhetoric of Al Gore and his allies in environmental extremism.   The film warns Americans that their jobs, middle-class lifestyles and dreams for their children will be destroyed if the government rushes to judgment and imposes job-killing regulations on an economy already mired in recession.

Not Evil Just Wrong exposes the deceptions about global warming that scientists, politicians, educators and the media have been force-feeding the public for years, including fear-mongering about floods and dying polar bears. The documentary shows how environmentalists are pushing the same kind of anti-human propaganda that triggered a ban DDT and condemned millions of children to death by malaria, a story recounted in the documentary. Not Evil Just Wrong asks: Is carbon dioxide the new DDT and are we taking the same risks with our future?

Source(s):

GOP Weekly Address by Rep. Kevin Brady (TX): Economic Recover Starts with Small Business

The Smoking Argus

Representative Kevin Brady (R-TX 8)PORTION of REMARKS by REP. KEVIN BRADY – Hi, I’m Congressman Kevin Brady. I’m proud to represent southeast Texas in Congress, and serve as the lead House Republican on the Joint Economic Committee, which keeps tabs on America’s economic health.

There are three big myths hurtling around Washington these days: no jobs equals an economic recovery, government-run health care will make it more affordable and deficits don’t matter.

The American public – to their credit – isn’t buying any of these.

Start with the economy. We’re all pleased to see the stock market go up, but middle class America knows hundreds of thousands of jobs are disappearing each month. Many of them may never reappear.

As families in my communities and across the country watch the national unemployment rate close to topping double digits — with very few real signs of relief ahead — they have one question for the White House: ‘Mr. President, where are the jobs?’

-–SEE TRANSCRIPT for FULL REMARKS—

Video Courtesy: House Republican Conference

 

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Source(s): Republican National CommitteeHouse of Representatives: Republican Conference YouTube Channel


President Obama Weekly Address: Progress in the Global Economy

The Smoking Argus

(OFFICIAL STATEMENT) WASHINGTON D.C. – In this week’s address, President Obama highlighted the need for a Consumer Financial Protection Agency to implement clearly enforced rules to help strengthen our financial markets and protect the interests of American consumers. The President also pointed to the aggressive and necessary action taken by his administration and other nations to stop our country’s economic freefall, and pledged to continue working with world leaders both at the upcoming G-20 summit and beyond to build on the progress already made.

—SEE TRANSCRIPT for FULL STATEMENT—

Video Courtesy: The White House, YouTube Channel
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Source(s): The White House “The Breifing Room”White House YouTube Channel

Rep. Ron Paul, Texas Straight Talk: Government Solutions Lack Understanding

The Smoking Argus

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(OFFICIAL STATEMENT) – WASHINGTON D.C. – Things seem to be unraveling quickly for the new administration. The latest unemployment numbers are worse than the last reports. For all the billions of dollars spent and committed to fixing our economic problems, the situation is only getting worse. This was to be expected by those who understand the root causes of the problems. Throwing money around and creating more government programs is both simplistic and damaging to the economy. Of course, the administration claims that we would have been much worse off without these efforts. You can’t improve this situation by adding to our mountain of public debt for the benefit of big banks and other special interests. The American people know this. When will Washington learn?

Video: TheSmokingArgus

In addition, the president’s plans for healthcare reform – or health insurance reform – are becoming more and more unpopular as details are examined. But because of all the alarmist rhetoric, politicians in Washington feel obligated to pass something, even if it doesn’t help. Rarely are liberty and prosperity at greater risk than when politicians feel they must “do something”. It is frightening to watch Washington toy with our healthcare purely for political reasons.

However, the saddest shortcoming of this administration is its utter failure to pursue a more peaceful foreign policy. Just last week up to 90 people, apparently mostly civilians, were killed in Afghanistan in an airstrike, and the violence is only getting worse. The administration is mulling over how many more troops they will send as part of their “Afghan Surge” with advisors getting it exactly backwards. They qualify sending fewer troops as “high-risk” and sending more troops as “low-risk”. This is not the perception at all if you were to ask the families of those being sent over. The best answer would be to stop risking any of our troops for the sake of what is, for all intents and purposes, a violent occupation, helping no one.

But all of these problems and their wrong-headed solutions come from one greater problem – which is not understanding the reasons that we are here. The economy is in bad shape because of too much government intervention producing a myriad of unintended consequences and perverse incentives. Healthcare is broken because the doctor-patient relationship has been broken down by hyper regulation and too much government interference. Afghanistan is a mess because they ignored the mission approved by Congress – to seek out those who attacked us on 9/11. They have instead gotten sidetracked with nebulous interventionist tasks such as promoting democracy and nation building. Eight years later, there is no real progress. The Soviets bankrupted themselves fighting in the mountains and caves of Afghanistan and we’re about to do the same. If we would just look to history it would be self-evident that there is nothing left to win in Afghanistan, and everything to lose.

Most of all, we need to understand that we don’t understand Afghan culture and politics, and for that reason alone, intervening in their affairs is unlikely to produce positive results. The best thing we could possibly do now is to bring our troops home, from Afghanistan, from Iraq, from Japan, from Germany, from all occupied countries, and concentrate on mending badly damaged relationships around the world. Free and honest trade has always been the best way to do that, without fail. Not understanding the benefits of peace, freedom, and nonintervention will always bring about catastrophe.

—END OFFICIAL STATEMENT—

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multimedia_icon Rep. Ron Paul, Texas Straight Talk, “Government Solutions Lack Understanding” Transcript (13.6kb PDF)

Source(s): U.S. House of Representatives, Texas 14th Congressional District, Representative Ron Paul web page • The Smoking Argus YouTube Channel “Rep. Ron Paul Texas Straight Talk: Government Solutions Lack Understanding”

President Obama will Nominate Bernanke for 2nd Term as Chairman of FEDERAL RESERVE

The Smoking Argus

FEDERAL RESERVE Chairman Ben Bernanke OAK BLUFFS, MASSACHUSETTS – According to sources close to President Obama; the President will nominate current Chairman of the FEDERAL RESERVE Board of Governors, Ben Bernanke to a second term. The announcement is expected to come on Tuesday morning.

 

Keynesian economists largely credit Chairman Bernanke with guiding the economy through the worst economic recession in fifty years. During the economic malaise, the FEDERAL RESERVE expanded a variety of programs and intervened into the economy utilizing new sweeping powers granted to the third Central Bank said to stave off a larger collapse. Consequently, the FEDERAL RESERVE pumped trillions of Reserve Note Dollars into the economy, thus increasing the national debt to its highest point in American history.

 

Central economic planners however, remain confident that Chairman Bernanke will know when to reel in the excess money supply in order to avert the possibility of inflation. While this appointment is likely to soothe the growing concerns on Wall Street, a multitude of challenges in addition to avoiding inflation remain unresolved.

 

Federal Deposit Insurance Corporation sealChief among the problems which remain a thorn in the side of Chairman Bernanke; the growing call for true transparency via a full audit of the FED’s books in dealings with other private Central Banks and foreign governments. Two bills, H.R. 1207 and its Senate companion, S. 604 currently seek to repeal the immunity granted to the FED on such transactions under Title 31 of the United States Code.

 

Moreover, the calm expressed by the Wall Street bankers and Keynesians in general may be short-lived depending upon what is contained within the Federal Deposit Insurance Corporation’s (FDIC) second-quarter report for 2009.


UPDATE No. 1 – Official White House video of President nominating Ben Bernanke for a second term.

Clip Courtesey: The White House

 

 

President Obama Weekly Address: Economic Recession Ending

The Smoking Argus

WHITE HOUSE OFFICIAL STATEMENT: The President discusses the state of the economy amidst positive signs from the GDP. Making clear that this is little comfort to those struggling, he notes that we appear to have averted an even worse disaster and offers hope for the time ahead. August 1, 2009. (Public Domain)

—End OFFICIAL STATEMENT—

Source(s): The White HouseOfficial White House YouTube Channel

President Obama Weekly Address: Recovery and Jobs of the Future

The Smoking Argus

Editor’s Note: This week President Obama delivers his weekly address from L’Aquila, Italy after the close of formal proceedings following this week’s G8 summit.

 



WHITE HOUSE OFFICIAL STATEMENT – The President explains how the Recovery Act helped end our economic free fall, and how his agenda is helping to set a new foundation for our economy. From health reform, to energy, to creating the jobs of the future, the Presidents proposals will make our economy stronger for both the current generations and our children, all in a way that will get our deficits under control. July 10, 2009. (Public Domain)

—End Official Statement—

Source(s): The White HouseThe Official White House YouTube Channel

Open Letter to Dennis Kneale of CNBC re: New Media and the Recession

Allison Bricker

CNBC
Attention: Dennis Kneale, host
900 Sylvan Avenue
Englewood Cliffs, New Jersey 07632
(201) 735-2622 Office
(201) 735-3200 Fax


Re: The Blogosphere and the True State of the Economy

 

 

Dear Mr. Dennis Kneale:

 

Recently, you attempted to discredit the entire new-media/blogosphere based on several individual vitriolic blog posts criticizing your Keynesian analysis whereby you stated:

“the Great Recession is over.”

Dennis Kneale
CNBC
June 25th, 2009

In a subsequent display wholly unbecoming of a journalist, regardless of medium, and in lieu of offering further research to buttress your original statement, you opted to stoop to their logical fallacy of argumentum ad hominem and referred to your critics as “digital dickweeds”. Additionally, you then further attempted to construct a straw man by directing your ire towards the anonymity offered by the internet, when the crux of the matter is your analysis, not the benefit or detriment of anonymity.


Therefore, should you be open to an actual discussion regarding the causation, length, and the fundamental flaws of your economic philosophy, I would be happy to oblige. Moreover, my name and the legal names of all contributors to “The Smoking Argus Daily” have and shall remain in full view righteously pegged to their individual reports and editorials.


Admittedly, we may share a general dislike of anonymous blog posts; however, our nation has a rich history of pen names and anonymously penned editorials. One only need to think of the founding generation’s use during the time leading up to the ratification of the Constitution, as well as Mark Twain, to understand that anonymity is not solely the tool of those with low moral fortitude.


Respectfully,

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Allison Bricker

 

P.S. If you would like me to fax over a copy of my driver’s license in order to prove the factualness of my name in order to avoid your condescending use of air quotes, just let me know.