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POPSHYPERINFLATION (read, watch, learn) In late 1923, Germany undertook a monetary reform creating a new unit of currency called the rentenmark. The German government promised that the new currency could be converted on demand into a bond having a certain value in gold. Proponents of the standard answer argue that the guarantee of convertibility is properly viewed as a promise to cease the rapid issue of money. An alternative view held by some economists is that not just monetary reform, but also fiscal reform, is needed to end a hyperinflation. According to this view a successful reform entails two believable commitments on the part of government. The first is a commitment to halt the rapid growth of paper money. The second is a commitment to bring the government's budget into balance. This second commitment is necessary for a successful reform because it removes, or at least lessens, the incentive for the government to resort to inflationary taxation.
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POPSYou Owe $455,000 * “People seem to think the government has money,” said former U.S. Comptroller General David Walker. “The government doesn’t have any money“ * The United States Department of the Treasury and the Office of Management and Budget published a report stating that the U.S. cannot grow our way out of the government’s liabilities, that the liabilities are quickly growing, and that failing to take drastic and immediate action would lead to very bad consequences (the report was written in 2006) * The International Monetary Fund - which oversees third-world economies - are so concerned about the solvency of the U.S. economy that they are conducting a complete audit of the whole US financial system If you owed $455,000, you might very well have to file for bankruptcy, unless you had some rich uncle who could bail you out. But if your uncle had bailed you out numerous times in the past and if you had consistently broke your promises to re-pay him - he’d probably cut you off
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POPSIt's Not Yours, It's God's "It's not yours, it's God's, and you're not going to get it," Copeland says of his financial records. He has launched a website to publicize his crusade and has received support from several leading conservatives, including Paul Weyrich and Kenneth Blackwell. Incredible! And tax free!
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POPSMore "Free" Money! More economic proposals to come: Obama in his speech criticized his Republican rival, John McCain, for proposing to extend all of President Bush's 2001 and 2003 tax cuts. But Obama himself has taken a page from Bush's playbook on taxes. Obama has pledged to keep the tax cuts in place for everyone except those making roughly $250,000 and up. He has also made proposals to cut taxes further for the middle class, some of which he reiterated in his speech: exempt seniors making less than $50,000 from having to pay income tax; give a tax credit worth up to $500 per working person ($1,000 per family) to offset the Social Security tax on the first $8,100 of earnings; and expand the earned income tax credit. To boost retirement savings, he has also proposed a 50% federal match on the first $1,000 of savings for families that earn under $75,000. ****Vote 4 Me, I'll give you more free money!
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POPSStart Hoarding Now? "I think for that reason, probably sometime in the next year or two, you're going to see the government trying to combat this, either through price controls on certain products, or through official government limitations on the number or the quantity of things that people can buy. All of this is coming, because the government is going to be focused on the symptoms and not the disease. They're going to focus on rising prices, whether it's for food or oil or whatever, and try to stop prices from rising, without understanding that they are rising because of all the money that they're creating." It's crazy how the government wants to interfere with prices. They're going to look at oil prices and food prices and say hey these prices are too high; we need to limit them with price ceilings. But now they look at house prices and say, oh no, house prices are not high enough, we need to stop them from falling."
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POPSGov't Regulating the Market Is Not The Answer "A Government Failure, not the market's". Who will correct this? Both Obama and McCain believe Government regulation is needed for when markets fail. Both are either ignorant of or compliant with the root causes. Thomas Jefferson was concise in his early warning to the American nation, "If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered."
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POPSCharity Begins at Home Clients Diebold and the American Association of Nude Recreation really rather stuck out for me in this article! WT#!?? This year, most of Senator McCain’s contributions were made to the John and Cindy McCain Family Foundation. Nice of him to donate to his own charity, while he was also taking $23,000 in Social Security money, but I am sure he needed that extra government paycheck!
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POPSGet a Grip on Your Cash In 2006 dollars, the minimum wage was $9.50 before the 1971 breakdown of Bretton Woods. Today that dollar is worth $5.15. Congress congratulates itself for raising the minimum wage by mandate, but in reality it has lowered the minimum wage by allowing the Fed to devalue the dollar. We must consider how the growing inequalities created by our monetary system will lead to social discord. The dollar today is worth only four cents compared to the dollar in 1913, when the Federal Reserve started. This has profound consequences for our economy and our political stability. Government officials consistently claim that inflation is in check at barely 2%, but middle class Americans know that their purchasing power--especially when it comes to housing, energy, medical care, and school tuition-- is shrinking much faster than 2% each year.
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POPS Comprehensive Economic Revitalization Plan Here are a few of the plan's basics: Eliminate Taxes on Social Security Benefits. That money belongs to seniors, not the government. They paid into the system for a lifetime, and they should be free to spend every penny as they see fit. * Pass H.R. 192 to amend the Internal Revenue Code of 1986 to repeal the 1993 increase in taxes on Social Security benefits. # Eliminate Taxes on Tips.The single parents and working students who earn their income chiefly through tips deserve to keep all of their money. This tax on "estimated income" is unfair and should be ended. * Pass H.R. 3664 to amend the Internal Revenue Code of 1986 to provide that tips shall not be subject to income or employment taxes. Reduce Overseas Military Commitments. Our bases and troops should be on our soil. * It's time to stop subsidizing our trading partners in Europe, Japan and South Korea.
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POPSWhat's The Plan? I see many comments by Hillary, but no real plan, other than spend the money somewhere else! This does not solve the issue of our deflating dollar!
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POPSI.O.U. Thomas Jefferson lobbied vehemently against the central bank stating it was contrary to the Constitution.In 1826, the second bank's charter was soon to expire and presidential candidate Andrew Jackson campaigned strongly against a central bank, which was owned and operated by the international banking element. Here is Jackson's opinion of those bankers: "You are a den of vipers. I intend to wipe you out, and by the Eternal God I will rout you out...If people only understood the rank injustice of the money and banking system, there would be a revolution by morning." President Kennedy had printed $4 billion worth of non-interest bearing money, which meant he began to chop at the profits of the vultures. Interest free money means the national debt is eliminated and the power of the international banking element is broken. But he was murdered, as we all know. Kennedy wanted to abolish the Fed.
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POPSIf a Dollar Drops, Does Anybody Hear It? People do not seem to be listening, we are in trouble here, and continue to turn a blind eye to what is happening. Members of the CFR really do not care which candidate is elected, as long as they are a member of the CFR. Look it up, chances are the candidate you are supporting is "in", unless it is Ron Paul. Look further: By David Rockefeller’s own admission the CFR was created for one purpose. The design, manipulation and creation of a New World Order. A single government that controls planet earth. A planetary government run by powerful bankers." Remember, we have been warned: ”The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first.” – Thomas Jefferson
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POPSLife of A Billionaire He can make money whatever way he wants, I have no problem with people doing well for themselves...it is this part, "Meanwhile, his tax rate is lower than teachers, firemen, nurses, even his own cleaning staff!" that I take issue with.
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POPSHuckabee is Learning "If we don’t cut spending now, higher taxes and economic disaster will be in their future — and yours. In addition, the Federal Reserve, our central bank, fosters runaway debt by increasing the money supply — making each dollar in your pocket worth less.” These statements, along with his recent "abolish the IRS" talk, one has to take notice, I think he has learned a thing or two from Ron Paul. He just has to be careful, they will start censoring and slandering him if he keeps this up!
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POPSHow Super! This year, I am presenting a challenge to the various companies that pay megabucks for their 30 seconds of notoriety which by the next year, month, or even day will be all but forgotten by even those who did not leave the room to fetch another Millers from the fridge. Give the money to a more worthy cause! I don't care which one, take your pick, homelessness, cancer research, aids research, toys for tots, food banks, any of these would be a better cause than trying to gain the 30 second attention span of your average inebriated superbowl viewer. Make a PR blitz of it if you must, release the philanthropic act to all news and press related sources you wish, and you probably will gain more attention, and loyal customers than that 30 second blip on that one day of the year! This is my challenge to you, Pepsi, Coke, McDonalds, Ing, Chevy, Ford, and all of the others, you too, Nike, just do it!
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