Allison Bricker

WASHINGTON D.C. – Senators Charles Schumer, Democrat of New York and Lindsey Graham, Republican of South Carolina are meeting today with President Obama to discuss tactics on how best to orchestrate the appearance of bipartisanship regarding comprehensive immigration reform. However, immigration reform is not the sole reason for the Senators’ visit. Also on the agenda is the culmination of the plutocrat’s fetish like desire to track all Americans with yet another attempt at shackling us with a national identification card.

Since the events of September 11th, the aristocrats on the hill have sought a way to effectively track like cattle all U.S. Citizens; however, despite their relentless fearmongering of boogiemen terrorists, the American people have in large part resisted the attempt to achieve “safety” via a mirroring of 1970’s era East Germany.

In a fashion similar to when the FDIC proposed the “Know Your Customer Rule” before public backlash forced a retraction, the statist have returned to their default playbook to achieve their end by swaddling in a national identification card under the guise of “securing the borders”. Then Assistant Director of the FEDERAL RESERVE, Richard Small provided keen insight to the minds of plutocrats when he spoke at the Mid Atlantic Compliance Conference in 1999, quipping that success of “Know Your Customer” depended on simply renaming the provision in order to avoid public scrutiny; the Central Authority hopes to replicate a corresponding trajectory for the National ID.

Whereas, “Know Your Customer” finally became law upon passage of the unconstitutional USA PATRIOT Act, the National ID card has encountered continued resistance thanks both to the new-media and internet-at-large. First as REAL ID, then as the PASS Act, the National ID has thus far repeatedly run up against an ever-growing chorus of Americans awakening to a federal government intruding ever further into our personal lives and business.

As recently reported, efforts are now under way by Imperial Senators John McCain (R-AZ), Saxby Chambliss (R-GA), Scott “Tea-Party” Brown (R-MA), and seven other co-sponsors co-conspirators to indefinitely detain Americans merely upon suspicion and without trial. Further, details remain sparse on the Obama Administration and Director of National Intelligence Dennis C. Blair’s request to be granted authority by Congress to assassinate Americans suspected of committing belligerent acts against the Central Government. Now the seek to saddle us with a biometric ID which confirms identity be scanning the veins in our hands?

These several recent legislative maneuvers by the treasonous statists in Congress are scheming what can no less be described and ought rightfully be referred to as the “New Intolerable Acts”.

While we are fortunate to have a robust and growing body of enlightened pro-liberty advocates, thinkers, and teachers such as Representative Ron Paul, we must not rest upon their hard work to reclaim our quickly atrophying liberties. As his interview with Megyan Kelly of Fox News demonstrates, we must also consider utterly detaching ourselves form what was once referred to as “the fourth branch of government”, ergo the old-media, as it is obvious at least to this blogger, that they are but mere shills for the statists. Her inference that an erosion of our natural liberties is of no consequence and a necessary concession under the current events, shows her to be a cold lifeless traitor to human liberty.

Make no mistake, the world, why undeniably dangerous, has always appeared to be at an unrivaled level of hostility when viewed through the lens of the here and now. Whereas it took close to 2,000 years of human civilization for an imperfect generation to rightfully proclaim the individual as the standard-bearer of liberty, in full possession of our natural rights, and offer the opportunity to form a more perfect Union.

Let us not now shrink in the duty to be ever vigilant defenders of both our own and our posterity’s unalienable natural liberties in the face of this growing tyranny.

The Smoking Argus

In his weekly Texas Straight Talk address, Representative Ron Paul discusses the bizarre spending habits of the United States government. Specifically via the State Department regarding the construction of yet another multimillion dollar embassy, this time in London as well as news the nation’s private Central Bank, the FEDERAL RESERVE may have been involved with both financing the likes of the Watergate burglars and Saddam Hussein. Dr. Paul points to these nefarious actions by the FEDERAL RESERVE during Watergate as published in the Senate Watergate Report from 1974¹ as well as its involvement in financing Saddam Hussein² as precisely why the FEDERAL RESERVE’s immunity from audit should be repealed in its entirety. [READ FULL TRANSCRIPT]

Related Material(s)
	Rep. Ron Paul -Texas Straight Talk – Bizarre Spending Habits TRANSCRIPT (PDF 00kb)

Source(s): The Senate Watergate Report published 1974,2005 • The New York Times “Follow the Money” by: Martin Mayer published January 14, 2004

Allison Bricker

WASHINGTON D.C. – Speaking to a standing room only crowd in the ballroom of the Marriott Wardman Park Hotel, Representative Ron Paul of Texas addressed attendees of CPAC 2010 with an energy and passion usually reserved for the stump. After being largely dismissed by the old-media and political status-quo during the 2008 Presidential campaign, the reception for Doctor “No” at this year’s annual conservative gathering mirrored the response he routinely received at campaign stops and still garners at his speeches before the energetic college crowd. Driving home his message of smaller Constitutional government his speech was interrupted several times by standing ovations and loud chants of “End the FED”, the latter a reference to his bill to finally allow for a full and complete audit of the FEDERAL RESERVE, H.R. 1207.

The cheers continued to echo throughout the ballroom as he spoke to the necessity of realigning American Foreign Policy to that of the Founding Generation and classical not neo conservative philosophy.

Source(s): CPAC • MinnesotaChris YouTube Channel • C-SPAN

Wire Report

Dominick T. Armentano -Research Fellow, The Independent Institute/Professor Emeritus of Economics, University of Hartford

Dominick T. Armentano is a Research Fellow at The Independent Institute and Professor Emeritus of Economics at the University of Hartford. He received his Ph.D. in economics from the University of Connecticut, and he is the author of the books, Antitrust and Monopoly: Anatomy of a Policy Failure, Antitrust: The Case for Repeal, Intervention in the Petroleum Industry, and The Political Economy of William Graham Sumner. His articles have appeared in such scholarly journals as the Antitrust Bulletin, Business and Society Review, Antitrust Law and Economic Review, and Business History Review, as well as in the Financial Times, New York Times, Wall Street Journal, Reason, National Review, and Hartford Times. Professor Armentano is frequently interviewed on numerous TV and radio programs including “Economically Speaking” (PBS).

(Wire/Ind.Inst.) The economic landscape still looks pretty gloomy despite (because of?) massive increases in federal government spending by Congress. Want something else to worry about? What if your government suddenly went “belly up” on some or all of its public debt IOU’s?

Impossible you say? Not really.

When individuals or businesses have long-run expenses that exceed anticipated income—and have neither capital nor savings to fill in the gap—they often declare bankruptcy. And though it is rare, even some city governments (i.e., Vallejo, Calif.) have been plunged recently into insolvency and bankruptcy, and some state governments (with heavy pension costs) might consider it. But could it happen to our own federal government?

Most economists have always regarded this possibility as nearly unthinkable. After all, the U.S. government has never defaulted on a penny of its debt obligations in over 220 years. What this means is that when the Treasury sold government bonds, the bondholders have always received their interest payment and have always had their original principal returned at maturity. In that sense, U.S. government bonds have been 100 percent safe.

There are several ways that U.S. debt could become risky and unsafe and increase the likelihood of a general or partial default. The most obvious problem would be that Congress becomes unwilling or unable to raise taxes sufficient to pay, by law, the interest on the national debt.

So far this has not been an insurmountable problem despite the fact that in FY 2009, the interest cost to “carry” the U.S. public debt was $383 billion. (For a frame of reference, the budget for NASA last year was $19 billion.) The carrying costs by year 2019 are estimated to be more than $700 billion.

But these historical costs and projections are based on conservative guesses about deficits and interest rates. What if annual deficits now become trillion dollar holes (as they have) and rising interest rates (as are likely) force governments to pay far more to fund their increasing debt?

The analogy here would be to a credit card holder who already has debt, spends more this month than last, accumulating even more debt and, in addition, faces increasing payments every month because of higher interest rates. It becomes an impossible situation.

In the case of ever-increasing public debt, where does the new money come from to “carry” this increasing burden? Federal taxes would have to be increased to extraordinary levels; but this effort would prove self-defeating since it would likely destroy incentives and the economy to boot.

Another possible debt/default scenario, and just as depressing, is that the Federal Reserve continues to purchase more and more U.S. government debt. When the Fed purchases government securities in the “open market” it tends to push bond prices up and interest rates down, making it easier for the Treasury to market new debt and keep its funding costs low.

Unfortunately, the purchase of government securities (public debt) by the Fed leads to what economists call a “monetization” of that debt. Sellers of the securities get “new money” from the Fed and that new money normally works its way into the economy and raises prices for almost everything including interest rates.

The resulting inflation (or even the anticipation of it) also starts a vicious cycle of dollar depreciation that makes it even harder (at existing interest rates) to sell U.S. debt abroad. Again, as rates increase on more and more debt, the interest and refunding burden grows exponentially, and the once unthinkable becomes at least debatable.

Depressing as it is, however, the U.S. currency and debt/funding situation is actually in reasonable shape (as measured, say, by recent credit-default swap spreads) at least when compared to near basket-case countries such as Ireland, Spain, Portugal, and especially Greece.

A particularly dangerous example is Japan, where government debt is currently an astounding 200% of its GDP and is expected to rise to 230% by 2012. But none of this should make U.S. government bondholders at all smug since defaults on “sovereign debt” abroad could start a contagion that could swamp all boats. Stay tuned.

Copyright 2010 The Independent Institute

Allison Bricker

Essay No. 2

- A Response to My Friend Republicae from “Essays of the Revolution” and fellow member of the DailyPaul.

From my analysis, based upon multiple perspectives of historical research and subsequently merged harmoniously along with principal philosophies from the ‘Age of Enlightenment’ the Republic is not dormant; but was toppled long before the birth of the “lost” or 13th Generation. However make no mistake; the weight is borne with full impact by the 13th and all herein. As such, if we are to realign ourselves within the natural state of human liberty, it shall, as it always has, require a firm conviction by all who profess to favor Liberty to set about righting the glorious path which for so long has been allowed to drift astray.

Therefore, for the purposes of illustration and exchange let me offer a simplified time line of our history from which to begin:

Whilst it is doubtful the beginning of the simplified timeline would cause undue consternation to most, the justification for the transfer from Republic to Populist Democracy through to the present oligarchy will indeed make court historians of the state take umbrage at such an assertion. Therefore, let me make it plain, the timeline results from analysis that with passage of the “Trifecta” in 1913, the Central Authority, i.e. Washington D.C. was unchained from its Federalist restraints of carefully contrived Checks and Balances in its entirety, thus rendering the Republic as nothing more than an impotent sentimentality. Peering further in to the lecherous year of 1913 forebears witness to the key points of the dismantling, which leads us through to the present state of our disheveled Union:

• 16th Amendment (Collateralization of Americans and posterity, Feb. 3, 1913)
• 17th Amendment (Effectively removes states from any role/check on Federal Authority Apr. 8, 1913)
• FEDERAL RESERVE Act (Monopolization of monetary policy into hands of private bankers – Dec. 23, 1913)

All were principal in absolving the ship of state from its Constitutional moorings thereby allowing the Republic to begin listing in the kneejerk speculative inclinations of populist democracy, and thus resulting in a massive growth of central government. As history will illuminate, “democracy”, like the chaos of anarchy, is always a transitional period which results in the creation of a vacuum granting the means for miscreants and tyrants to further centralize power.

Further, with the end of Bretton Woods in 1971 and thus with the transition complete, the Central Banker Oligarchs gained total unchecked power over the nation; let the derivative financial schemes and nationalist neo-patriotism commence.

In conclusion, it is my view that if there is to be a restoration of the Republic in our lifetime we must accomplish the following for a peaceful transition:

1. End the 3rd Central Bank of the United States, i.e. FEDERAL RESERVE.
2. Repudiate Odious Debt created by FEDERAL RESERVE.
3. Repeal Income tax.
4. Restore State Check on the Central Authority’s power and simultaneously reintroduce the people to their representation amongst the several states by repealing the Direct Election of Senators.

May we see the Torch of Liberty Burn all the Brighter.

Your Friend in Liberty,

Allison Bricker

Allison Bricker

“He who would learn to fly one day must first learn to stand and walk and run and climb and dance, one cannot fly into flying”. -Friedrich Nietzsche

BOWLING GREEN, KENTUCKY – On Monday, former Governor of Alaska, and 2008 Republican Vice-Presidential candidate, Sarah Palin endorsed Dr. Rand Paul¹ over his Primary opponent, Secretary of State, Trey Grayson stating:

“I’m proud to support great grass roots candidates like Dr. Paul — While there are issues we disagree on, he and I are both in agreement that it’s time to shake up the status quo in Washington and stand up for common sense ideas.” Sarah Palin Former Governor of Alaska

Recent polling was already showing Rand widening the gap substantially between himself and Grayson² as well as beating every possible Democratic contender in the General Election prior to Sarah the Rogue’s verbal thumbs-up, so it appears to this blogger at least, as more of a calculated political move by the former Governor, than a huge plus for Candidate Paul.

In addition to her official statement endorsing the younger Paul, her political action committee, SarahPAC donated $2,000 to the doctor’s already burgeoning campaign war chest, again mostly thanks to money-bombs from the grassroots and not PAC’s. Her endorsement, in conjunction with recent controversial actions taken by the Campaign for Liberty, the attempted co-opting of the Tea-Party movement by the likes of Dick Armey³ and indeed the questionable platform stances by Rand Paul himself have left many in the Liberty movement, myself included, scratching our heads. It begs the question whether cozying up to establishment figureheads will lead to a watering down of the message, or derail the momentum thus far gained on the road to restoring the Republic.

However, where some see the aforementioned as nails into the coffin of all the progress thus far, upon further contemplation, I see opportunity; opportunity to make strides towards the reclamation of our natural rights formerly unfathomable in the wake of the Bush administration, September 11th, and the status-quo’s brand of neo-patriotism.

Nevertheless, it was very deflating to listen early on to Scott Horton’s interview of Rand Paul over at Anti-War.com⁴. During the interview, the younger Paul espoused believing in the Chief Executive’s right to act unilaterally without a Declaration of War, support for continuing the war in Afghanistan, and the absurd notion of keeping Club Torture, i.e. Guantanamo up and running in lieu of a total and complete shuttering.

Additionally, while continuing to observe Rand’s campaign it seems pedantic to me when he offers, “term limits”, code for lazy democracy, as a way to combat corruption in Washington D.C. As we all know, the 22nd Amendment has done little to spare us of corrupt, disastrous, power-hungry Chief Executives. It has only succeeding in perpetrating the illusion of change with each successive changing of the puppet.

But wait, there is hope; Rand like his statesman father, understands the insidious parasitic relationship of the FEDERAL RESERVE and the U.S. government. This my fellow readers in my opinion is our “golden arrow”; our chance to come face to face with the absolute root which enables the promulgation of its siblings, the FEDERAL RESERVE. The reality that a private cartel of bankers and the cottage supporting industries, i.e. Goldman Sachs have intertwined themselves so tightly into government via currency creation and the endless list of their crony sycophants receiving high level cabinet and department level appointments are the core reason for the current dilapidated condition of our Constitutional Republic, once known as America.

The central banker puppet masters alone through legislation enacted almost a century age, ergo the FEDERAL RESERVE Act, 16th, and 17th Amendments succeeded in delegating ‘We the People’ as collateral to finance their odious debt, corrupted the Senate, and morphed us from Republic to populous democracy, whilst simultaneously bestowing upon themselves monopoly control over the currency.

Moreover fellow readers ask yourself this question, where was your political philosophy and understanding of the issues five, ten, twenty years ago? My sophomore year in high school for example, my mother and myself sat glued to the television watching Tom Brokaw declare Bill Clinton the 42nd President of the United States. Upon Mr. Brokaw’s announcement, I remember turning to my mother and asking, “Things are going to be better now –right?”

Up until the election of William Clinton, the previous Presidents were all ‘evil’ Republicans, save my infancy during the Carter administration, and we were a rust-belt working class “Democrat” family, so surely a Democrat in office would make life peachy. Unfortunately, reality painted a different picture and the election of Clinton was a furthering of my education rather than salvation for working-class families such as my own.

The actions of the Clinton Administration were the catalyst for me to dig beneath the nationalist sugary sweet veneer that was beat into my head throughout my tenure at government school. The nauseating actions undertaken especially by his Attorney General, Janet Reno forever removed my rose-colored glasses and prompted me to purchase my first copy of Thomas Paine’s Rights of Man/Common Sense from a local bookstore.

In addition, contrasted against the largely college-centric movement of the late 1960’s whereby the focus was largely on the dissatisfaction of college-aged anti-war protesters, the Liberty movement is not so one-dimensional.

We are made up of not only the 13th Generation, a generation literally written off in our infancy as “the lost generation”, the roots to the movement run deep and are of a diverse stock. The movement includes not only those of us in our 30’s and 40’s, but we also benefit from the excellent work undertaken at the college level by Young Americans for Liberty, and are blessed with the veteran elders of the movement like Dr. Paul, Lew Rockwell, and Judge Andrew Napolitano, to name just a few.

In addition to spanning generations, my time in the movement has afforded me the opportunity to meet those from every walk of life under the sun; black, white, yellow, red, Christian, atheist, rich, poor, queer, straight, it matters not. The liberty movement redefines “big-tent” simply as American, people-group be damned.

So please ask yourself the last time you can remember something that freely unified such a wide swath spanning generations, race, and class. Liberty, my fellow readers is a most glorious unifier like no other. Thus, this is why we shake the puppet masters to their core. Fear not the endorsement of “Sarah the Rogue”.

As such, as we all continue to learn and expand our understanding; we must make room for this to apply to individuals like Sarah Palin as well, and seize the opportunity to begin a dialog with her and her supporters about the insidious nature of Central Banking, true Constitutionally limited government, and the doctrine of just, not preemptive war.

The Kentucky Senate race is likely to be watched closely both to gauge the threat to the establishment’s entrenched power via the inclusion of a Paul in the Senate and to see if Democrats could steal the seat currently held by Senator Jim Bunning (R-KY) who announced his retirement last year. Let us seize the opportunity before us to spread the warm glow of the Sunshine of Liberty through educating and conversing with others on the principles of natural rights and the dangers of Central Banking.

Our posterity and our Republic deserve no less and the opportunity before us has never before in my lifetime been so self-evident.

Source(s): ¹Rand Paul U.S. Senate Campaign Website “Sarah Palin Endorses” by David Adams 02/01/2010 • ²Public Policy Polling “Paul Takes Big Lead in GOP Primary” 12/22/2009 • ³ Huffington Post “Operation Steele/Armey: GOP/Tea party Co Opt Each Other” by Alex Brant-Zawadzki published: December 17, 2009 • ⁴Scott Horton Interviews Rand Paul May 17, 2009 •

The Smoking Argus

Dr. Paul outlines the gathering perfect storm fomented by the federal government as a result of our multiple wars, banker bailouts, and reckless devaluing of the Dollar via the FEDERAL RESERVE. Yet as the litany of problems spiral out of control, politicians in the District of Columbia remain content to meddle even further into areas never intended by the Founding Generation. As consequence, their blatant disregard for the Constitution as outdated reference manual in lieu of the Supreme Law of the Land ensures the unintended consequences of their actions will expand government further beyond its proper role of preventing/prosecuting acts of violence, fraud, and the equal enforcement of contracts.

Thus, as Representative Ron Paul explains, the burdensome laws outside the aforementioned scope suffocate the ability of the people and communities to formulate practical solutions unique to their circumstances.

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Source(s): U.S. House of Representatives, Office of Representative Ron Paul, “Texas Straight Talk” Oct. 19, 2009 • Minnesota Chris YouTube Channel

The Smoking Argus

Dr. Ron Paul discusses the historic moment last Friday in the House Financial Services Committee whereby his bill to fully audit the FEDERAL RESERVE, H.R. 1207 received its first hearing coupled with testimony from supporters and FED protectionists. As it stands currently, the law prohibits the Government Accountability Office (GAO) from auditing the FEDERAL OPEN MARKET COMMITTEE (FOMC) and all international transactions whether they are with a foreign central bank or foreign government. H.R. 1207 simply seeks to remove this secretive protection provided to the 3rd Central Bank of the United States, a power that allows the Central Bank to act as quasi-government, wholly shielded from public view.

Moreover, H.R. 1207 now enjoys co-sponsorship by 295 members of the House of Representatives, which as Representative Barney Frank (D-MA) indicated during the hearing, makes the FEDERAL RESERVE Transparency Act of 2009 a true bipartisan effort. In addition, momentum continues to grow for the Senate companion bill S. 604, which has thus far received co-sponsorship from one-fourth of the entire Senate.

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	Rep. Ron Paul – Texas Straight Talk “The Real Reasons Behind Fed Secrecy” TRANSCRIPT (PDF 14Kb)

Source(s): House of Representatives, Office of Rep. Ron Paul, Texas Straight Talk • MinnesotaChris YouTube Channel

The Smoking Argus

DISTRICT of COLUMBIA – Recently reappointed Chairman of the FEDERAL RESERVE, Ben Bernanke is set to give testimony before the House Financial Services Committee as it relates to the FEDERAL RESERVE’s perspective on “Financial Regulatory Reform Proposals”. The hearing originally scheduled to begin at 10 a.m. EST was moved up at the request of Chairman Bernanke to 9 a.m. EST.

Allison Bricker

MINNEAPOLIS, MINNESOTA – Young Americans for Liberty (YAL) hosted a student town hall featuring Representatives Michele Bachmann of Minnesota and Ron Paul of Texas this past Friday at Northrop Auditorium located on the campus of the University of Minnesota. Both Congressional representatives spoke to the students about limiting the size and scope of government, monetary policy, and free market economics after having earlier in the day been present during testimony before the House Financial Services Committee regarding Dr. Paul’s bill to comprehensively audit the FEDERAL RESERVE, H.R. 1207.

Despite the seemingly complex subject matter, students, faculty, and residents filled the auditorium to hear both Representatives rail against the consequences of big government and central economic planning at the hands of a private central bank. After a short introduction by Representative Bachmann, the crowd rose to its feet to give Dr. Paul a standing ovation, a scene repeated throughout and upon conclusion of Dr. Paul’s speech.

Editor’s Note: The video is approximately thirty-seven minutes in length and contains Representative Ron Paul’s speech during the town hall. The question and answer portion is unfortunately not included.