The Gadfly

Congressman Alan Grayson-K Street Whore is Going to Teach Me about Economics

Fed and Treasury Claim SAME Stockpile of Gold???

Interesting. I would particularly like to know why the gold is valued at $44.22/oz?

From the Wall Street Bear..

Would you believe me if I told you that BOTH the Fed and Treasury...
Rasputin - Sun, Sep 13, 2009 - 05:07 PM
...claim to own the same U.S. stockpile of gold, in what is apparently a case of "double counting"?
Well, it's true, unless there is something I'm missing.
And I believe I can prove this allegation, NOT by citing some "Doom and Gloom", "End of the World", conspiracy-minded Website, but rather by providing links to the Fed and Treasury's own published reports on the matter.
Let's start with the Fed. Perusing the Federal Reserve's "H.4.1" report found here:
http://www.federalreserve.gov/releases/h41/Current/
...under the section entitled:
"1. Factors Affecting Reserve Balances of Depository Institutions"
...we find the following entry:
"Gold Stock: $11,041"
(Ras): That $11,041 number (in billions) represents the roughly 260 million ounces of U.S. gold, valued at the insanely-low $42.22 per ounce price that the U.S. government decided to slap on their stash of the useless yellow rocks.
So, 260 million ounces, times $42.22 per ounce, yields roughly 11 billion fiatscos of gold.
On the Federal Reserve's balance sheet.
As an asset.
Period.
With no apparent off-setting liability.
Which is as it should be since we all know that "Gold is no one else's liability.", right?
Now, let's turn to the U.S. Treasury, who ALSO claims the exact, same, gold on THEIR balance sheet!!!
Here are the relevant links:
The overall "Financial Report" site can be found here:
http://www.fms.treas.gov/fr/index.html
...and the specific financial statement of the U.S. Treasury can be found here:
http://www.fms.treas.gov/fr/08frusg/08stmt.pd
...and under the heading:
"Cash and Other Monetary Assets"
...we find the total amount of said "Cash and Other Monetary Assets" to be:
$424 billion, with an asterisk stating: "See Note 2"
Of course, Uncle Sugar doesn't make it easy to discern just what those "Other Monetary Assets" are in "Note 2", hiding them in a separate document of "Notes". But persistent little Rasputins have the patience to burrow down into the bowels of the beast to find the answer.
And here is the link to that separate "Notes" document, which explains what's what:
http://www.fms.treas.gov/fr/08frusg/08notes.pdf
Scrolling down to page seven of the PDF (which corresponds to page 49 for whatever strange reason), we see all the descriptions of what constitutes "Cash" and what comprises "Other Instruments".
And lo-and-behold if the U.S. Treasury isn't counting THE EXACT, SAME 262 MILLION OUNCES OF GOLD AS THEIRS!!!
Here is the actual passage, ripped right from the document (from page eight of the PDF):
"Gold is valued at the statutory price of $42.2222 per fine troy ounce. The number of fine troy ounces was 261,498,900 as of September 30, 2008,...Gold totaling $11.0 billion as of September 30, 2008,...was pledged as collateral for gold certificates issued and authorized to the FRBs by the Secretary of the Treasury. Treasury may redeem the gold certificates at any time. The liabilities for the gold certificates issued are included in Note 16—Other Liabilities."
(Ras): Think about this, folks. The Fed clearly states in THEIR balance sheet that they hold $11 billion in gold.
However, so too does the U.S. Treasury, who mentions that the Treasury used the gold to "collateralize" "Gold Certificates", which Treasury issued to the Fed (with an offsetting "liability" for the gold certificates).
So, the Fed is holding "Gold Certificates", but doesn't state as such on their balance sheet. They just state "Gold Stock". Furthermore, there is no specific line item that I can find in the Fed's balance sheet that says something to the effect:
"Um, this isn't really our gold, we're just holding it for the Treasury in the form of "Gold Certificates" and, besides, there is an offsetting liability on our books for those certificates."
And the U.S. Treasury states that the $11 billion in gold is part of their "Cash and Other Monetary Instruments".
So, how can BOTH the Fed AND the Treasury claim to be holding the same gold?
Furthermore, what happens to the Fed's balance sheet if Uncle Sugar really DOES redeem their "Gold Certificates"? Again, there is no line item on the Fed's balance sheet that states:
"Offsetting Liability of Gold Certificates" for Gold Held as an Asset"
(Ras Conclusion): In what is apparently the most egregious case of double-counting in the history of the U.S., we now have both the Federal Reserve and U.S. Treasury claiming to hold the same gold.
Furthermore, the stash of buggy whips is only valued at $42.22 per ounce, when in fact the spot price today is TWENTY-THREE TIMES that number!!!
And don't even get me started on whether the gold is really in Fort Knox, that's a conspiracy for another day.
The bottom line: Who's gold is it? Why are they apparently double-counting it?
Furthermore, for what are these "Gold Certificates" used?
Inquiring Ras's wanna know. If anyone has any insight into this matter, please share it.

Technorati Tags: Gold,Fed,treasury

del.icio.us Tags: Gold,Fed,treasury

Corporatism, Spiritual de-privatization and technofascism

When a hundred men stand together, each of them loses his mind and gets another one. – Friedrich Nietzsche

For those of us who work in a corporate environment, it is very clear that we either follow corporate policies or lose our job. At my workplace for example, we are not allowed to display any sort of religious material in or outside our offices. We are also forced to accept our company’s policies in regards to environmentalism or alternative lifestyles. Company policies are not created from the consensus or vote by the employees. Many companies have and are engaged in the most egregious forms of criminality: slave labor, murder, stealing, and holocausts to name a few.  The employees either don’t know, pretend not to know, or don’t care.

The employees have no say in the public and private policies of the company they work for and they must, as employees, accept their company’s public position, or leave. It is a tyranny we accept  because we get paid as long as the company continues to make a profit.  We must accept it even more due to the manufactured by design economic crisis. Getting paid and having the illusion of security seems to be worth the price of having to be something we are not, or having to be told what to do what to say and how to be. In many ways, we have sold our soul and we have done it with a clean conscious. Why with a clean conscious? Because we still believe we are simply serving the American dream of creating wealth and prospering and providing for a our family. The ends justify the means. That is what we have become. We have perverted the American dream. WE have perverted it. It is no longer “We, the people”. It is “We, the corporation” and we have chosen not to pursue happiness, but instead misery.

So Washington is not the only place where people are corrupt. We are corrupt, because we willingly participate and support tyranny within the private sector. The behaviors we learn and the ignorance we attain in the corporate environment naturally spill into what is left of our private lives. I say what is left because after we leave the tyrannical realm of the corporation, some of us go home, switch on the television and allow streams of propaganda to enter our consciousness: mainstream news, advertisements, television shows. Others switch on the computer and logon to Facebook, Twitter or some other internet network that collects personal data and publishes it for everyone to see.
Privacy certainly has become more precious than gold and most people don’t even want it because they don’t think it will make them famous or a lot of money. Privacy doesn’t even give them knowledge, they believe, because privacy is being “offline” or “out of touch” or “out of sync”.

I work in the technology industry at a very large company. Generally, most of the workers enjoy the work they do because they love technology. I love technology. In many ways, we are like kids in a toy store: lots of “cool” tools and gadgets that are used for making even cooler tools and gadgets. I myself got into the industry in the mid-nineties because of the possibilities for communication. Wow! You could publish your writings directly to the internet. You could talk to someone in China. The possibilities were endless. The dreams then began. Nothing could stop us.

Technologists, like scientists, easily fall into “do it because you can” trap. Take social networking. The impact on our culture of social networking sites like Twitter and Facebook is immense, both sociologically and psychologically. It is not the purpose of this post to delve into the details of that impact, but suffice it to say that one of the affects has been the dissolution of the distinction between what is private and what is public. It is a distinction we take for granted, just like we take language for granted. Generally, when we take something for granted, we neglect it and, boy, have we neglected this one.

The technofacists, as I call them, do not care one whit what social networking has done and will do to our culture.  Social networking software is huge in the industry and the technologists see themselves as creating a framework in which human beings live, communicate, share, make friends and lose friends.  Make no mistake about it: technologists see themselves as being gods who are creating a landscape in which the deer and the antelope play. I worked on a team that was devoted to inventing as many social networking applications as they could: publishing, analyzing, interpreting personal data for public consumption.  They don’t see themselves as pawns in a new world order agenda. On the contrary, they see themselves as benefiting the people becuase they make life easier and fun.

So what are the principles of a good piece of social networking software? How do the technofascists believe they are providing for mankind? I will discuss two. One is intelligent automation; the other, rich community.

First, there is intelligent automation. Basically this principle is considered a very good thing because the user has to do less when communicating with his or her “friends”.  Texting offers intelligent automation when the phone software automatically anticipates that word being typed. This is also called “predictive texting”. Texters don’t have to bother as much with the complete spelling out of words.  The greater amount of intelligent automation in our daily lives, the less intelligence we tend to cultivate in ourselves. Use it or lose it, as they say. We have chosen to allow our kids to lose it.

A second example of intelligent automation is latent in an article published in the Telegraph which discusses how IT departments not only collect employee data via emails and IP telephone conversations, but analyze the data to determine their emotive meaning. The email in your inbox could potentially be flagged with some kind of angry emoticon because the IT software determine that the mail is filled with anger.  It will not be surprising should this technology appear on some social networking site.  At the moment, users must manually insert an emoticon to reflect their emotions. If the software can interpret the emotional content of your email, it can insert it automatically. “Automatic” or “without effort from the user” is cool because it feigns to “help people”, when it truly cripples them into an even deeper slavery. Why bother even interpreting your own emotions to people, when the software does it for you?

Another principle of good social networking software is that it allows for a “rich” community. What this means is that the community cannot be dead. It needs to be alive. People need to use it not as a tool in their lives, but as a way of life. Sending a tweet must become an hourly event. Otherwise, these networks die and the software doesn’t make money. They depend on you to keep the beast alive. This means that the more a culture becomes spiritually de-privatized, the more these social networks thrive. They are like vampires. The more you put in to the community, the less you yourself get out of it. However, the illusion created is that you are getting something out of it and that all these friends on your friends list care deeply about what you are doing right now. At the most, they care only like they care how many more children Angelina is adopting. Infectious, all this; and since humans are social creatures, they tend to go along with the herd. Social networking sites enhance the herd mentality of human beings, not the free-thinking mentality. Most people even have their boss or their co-workers on their “friends” list. The corporate slavery system floods into this strange sick brew of corporate fascism, gossip mongering and self-abdication.

I have spoken about technofascism many times on this blog. Technology is the key to the new world order. The strange thing about this new world order, or rather the genius of it, is that we will willingly accept it because it will continue to feed our “need” and “thirst for” technology and unethical lifestyles. Kids can’t live without their cell phone. They need to “tweet” every ten minutes. They need to document everything they are doing, where they are at every point in the day. They are being trained to love the lack of privacy. They are the next generation. Do you think they will care of the company they work for “spies” on them? Or if the government/corporation spies on them. No, they will actually think it is a benefit.

One of the keys to fighting this technofascist revolution is to have parents work together to face up to and own the world we have created in the name of supporting our family and putting food on the table. Our kids are destined to be helpless in thinking and acting for themselves.  The magical moments of my child were many times the moments I spent alone, in my own fertile imagination. I grew to love music because my need to express myself was so powerful that I had no choice but to learn and to play.  If I had intelligent automation and a rich community at a click of a button, I probably would have gone the easier route. The thought of that, parents, makes me sick.

The new world order is not a conspiracy.  It is not some wizard of Oz working behind the scenes to corrupt the universe. Evil is not the caricature of Hollywood. Evil is and always will be the other side of ourselves. It is our responsibility to learn it and know it and come to fight it.  We have failed to do that in our culture, because ours is a culture of denial and lies.  Take a good look at the seven deadly sins: extravagance, greed, envy, pride, vainglory and consider how deep we have fallen. We have chosen the dark side by pretending that someone else, our arch nemesis, is causing the misery of the world.  We are bifurcated into left or right, black or white, gay or straight, democrat or republican, socialist or capitalist: we always place ourselves in one camp and point the finger at the other. This is how we live in ignorance.

The new world order is a revolution that has arrived in currents and waves. Its momentum has insinuated itself in every area of our lives. It has one goal and one goal alone: to dominate and to enslave and drown us in our own evils.

The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing. – Albert Einstein

Abolish the Fed: McFadden and the History of the Federal Reserve

 

A great email sent to me today.  Having trouble articulating to yourself or others as to why exactly the Fed should be abolished?  Read and pass on this email to as many Americans as you can. People need to KNOW what the Fed has done and is doing to our country.

Attached is a transcript the Congressional Record of June 10, 1932 by Louis T. McFadden

 

Here is the original scanned doc of the same

http://www.scribd.com/doc/16502353/Congressional-Record-June-10-1932-Louis-T-McFadden

 

Bear in mind that while this is McFadden’s testimony in congress, it is not him alone.  He quotes several people in various offices who have insights as to the matter.

 

Controversy:

As with ALL things, there is opposition.  There are postings by critics who try and discredit McFadden.  But from what I have read, they only pick on minor flaws, math mistakes, and other stupid things.  I have not found any real discredit of the core information he presented.  Quite the contrary; there are tons of other resources and the voice of multiple testimonies out there.

 

Quiz: 

If you decide to read through this doc, see if you can answer for yourself the following:

· Who Controls the Fed?

· Who controls the US Government?

· The Fed serves whose interest?

· To what is our Govt liable?

· In what way is the Fed diabolically operating?

 

 

Quotes:

Here are several key points of interest.  Unless indicated otherwise, it is McFadden speaking.  Be sure to at least read the description of how the Fed operates! (pages 6-7)

 

 

(page 2  )

 

“The Federal Reserve Bank destroyed our old and characteristic way of doing business. It discriminated against our 1-name commercial paper, the finest in the world, and it set up the antiquated 2-name paper, which is the present curse of this Country and which wrecked every country which has ever given it scope; it fastened down upon the Country the very tyranny from which the framers of the Constitution sough to save us.”

 

 

(page 3  )

 

“…in 1837, the Country was warned against the dangers that might ensue if the predatory interests after being cast out should come back in disguise and unite themselves to the Executive and through him acquire control of the Government. That is what the predatory interests did when they came back in the livery of hypocrisy and under false pretenses obtained the passage of the Fed.”

 

 

 

Regarding the Federal Reserve Act, Senator Henry Cabot Lodge, of Massachusetts, wrote to Senator John W. Weeks as follows:   

December 17, 1913

 

"... have supported all measures designed to take the Government out of the banking business. This bill puts the Government into the banking business as never before in our history."

 

"The bill as it stands seems to me to open the way to a vast inflation of the currency."

 

"...it seems to me to contain features and to rest upon principles in the highest degree menacing to our prosperity, to stability in business, and to the general welfare of the people of the United States"

 

 

(page 4)

 

 

In 1913, before the Senate Banking and Currency Committee, Mr. Alexander Lassen made the following statement:

 

"The whole scheme of the Fed...will prove to the advantage of the few and the detriment of the people."

 

McFadden Continues:

“…the German International bankers, Kuhn, Loeb and Co. sent one of their partners here to run it”

 

 

(page 5)

 

“The Fed Note is essentially unsound. It is the worst currency and the most dangerous that this Country has ever known.”

 

“They (proponents of the Fed) should not have made the Government [liable on the private] debts of individuals and corporations, and, least of all, on the private debts of foreigners.”

 

(page 6)

Scottish Distillers, Fed Money-changing example:

 

"Mr. Chairman, if a Scottish distiller wishes to send a cargo of Scotch whiskey to these United States, he can draw his bill against the purchasing bootlegger in dollars and after the bootlegger has accepted it by writing his name across the face of it, the Scotch distiller can send that bill to the nefarious open discount market in New York City where the Fed will buy it and use it as collateral for a new issue of Fed Notes. Thus the Government of these United States pay the Scotch distiller for the whiskey before it is shipped, and if it is lost on the way, or if the Coast Guard seizes it and destroys it, the Fed simply write off the loss and the government never recovers the money that was paid to the Scotch distiller.  “

 

"While we are attempting to enforce prohibition here, the Fed are in the distillery business in Europe and paying bootlegger bills with public credit of these United States.”

 

 

German Beans  (another example):

"Mr. Chairman, if a German wishes to raise a crop of beans and sell them to a Japanese customer, he can draw a bill against his prospective Japanese customer in dollars and have it purchased by the Fed and get the money out of this Country at the expense of the American people before he has even planted the beans in the ground.”

 

(page7)

"Mr. Chairman, there is nothing like the Fed pool of confiscated bank deposits in the world. It is a public trough of American wealth in which the foreigners claim rights, equal to or greater than Americans. The Fed are the agents of the foreign central banks. They use our bank depositors' money for the benefit of their foreign principals. They barter the public credit of the United States Government and hire it out to foreigners at a profit to themselves. “

 

"All this is done at the expense of the United States Government, and at a sickening loss to the American people…  "We need to destroy the Fed wherein our national reserves are impounded for the benefit of the foreigners. "We need to save America for Americans. “

 

 

Conclusion:

So, anyone in favor of keeping the Fed?  Anyone still thinking it’s a good idea to just reform it?  Or shall we abolish this catastrophic menace to society?  Seems to me, it is rotten from the core out, and from the ground up.  It has no foundation based on principles that in any way would reflect the founding fathers intent.  Quite the opposite in fact.  This is the very thing they escaped from, and fought to prevent. 

From Freedom to Facism

A co-worker sent this out and he is correct, it is simply eye-opening. Please pass this on to as many as you can. The more people learn, the better. I also recommend The Creature from Jekyll Island: A History of the Federal Reserve, a book written by Edward Griffen.

My co-worker wrote:

I just discovered this and this simply is eye-opening. This documentary discusses about IRS, Federal Reserves system, war on terror, globalization, and other subjects which are germane to current national discussions, but, in my opinion, this documentary takes an out-of-box approach to these issues. Created by Aaron Russo who also produced The Rose, Trading Places, and Wise Guys.

YouTube - America - Freedom to Fascism Part 1 Of 11
 

Alan Greenspan: The Fed is Above the Law

If you want to skip to the meat of it, go to 7:40. Only in America could someone so candidly admit to operating under a principle of lawlessness, as if he were talking about the weather. (hat tip to Alex Jones’ Sunday show)

A Piggy Banker with Lipstick

Alexander Lewis, who has been at Citigroup since 1999 and before that worked at the Federal Reserve, will head to the Treasury "to work on domestic financial issues," said the Citigroup memo, which was sent Tuesday.  -WSJ

I suppose it is a step up for his career, but I am not so certain it is a step up for America. Citigroup’s chief economist Lewis Alexander just got a new dream job at the Treasury Department. And wow, he also once worked for the Federal Reserve – impressive! He is a professional con-man. Again, the administration is blatantly recycling old crooks into new posts and titles right before the eyes of the American people.  What could this man POSSIBLY do to improve our “domestic financial issues”? Would you hire a doctor who usually kills his patients? Would you hire a baby sitter who falls asleep while your toddler is getting into trouble? Would you hire a financial advisor or administrator who was the chief economist of a company that is now completely INSOLVENT???

The economist will serve as a counselor to Treasury Secretary Timothy Geithner, a government official said. Alexander and a Treasury spokesman weren't available to comment Tuesday. A Citigroup spokesman declined to elaborate on the company's memo, according to the Journal.

Alexander is joining the Treasury Department at a time when the department is struggling in its efforts to battle the financial crisis.

Geithner so far has battled the crisis with no key deputies in place. That's made for a rocky start for the man President Barack Obama put on the front lines of the financial crisis

So how did Lewis get this gig I wonder? Not only did he once work for the Fed, but he also generoulsy donated to Obama’s campaign. You see, Obama is making sure and will continue to make sure that all bailout money and all power is given to those who were kind enough to give to him. Tit for Tat. This for That. Fairness, right?

Check out Alexander’s donations to OBAMA and the democratic party here at the Huffington Post.

We need to watch and pay careful attention to the kind of people Obama has surrounded himself with. The AIG scandel is just a smokescreen meant to hide the bigger pictures. The TRILLIONS of dollars that have been given to not only domestic banks, BUT FOREIGN BANKS as well, is an act of thievery against the American taxpayer.

For more than a year, the U.S. Federal Reserve System has been increasingly acting as the world's central bank, injecting hundreds of billions of dollars into foreign government treasuries in an effort to increase liquidity in those countries.

The foreign central banks have used the U.S. currency to bail out financial institutions within their borders. The Fed program links its balance sheet directly to the fates of foreign central banks at a time when they're on the ropes -Huffington Post

Stay vigilant. Don’t let the pretty lipstick fool you.

End The Fed

The Beginning of the End..and a New Beginning?

Same message.  Different stories.

People need to hang up their Hope and start learning how to SURVIVE. Those who fail to do this will reap the consequences later. Wake up and pay attention. I am just a normal everyday person and I can see what is happening to our nation, to our societies, our families and our economy.  The writing is on the wall and most people are still trying to pretend like we are in a recession that the government will fix. That the GOVERNMENT will fix!  They don’t know WHAT they are doing – they got us into this mess and we think they are going to save us? Economically, the so-called stimulus package will do NOTHING to fix the current situation we are in. What it will do however is plunge our economy and thus our lives further into a depression the likes of which we have never yet experienced in this generation or in any other generation.  What the stimulus will actually do is simply buy votes for Obama the next time around.  The rich are few in number. The less rich or the poor are many. Give money to the poor. See who gets elected in four years.

You know, the word for “economics” comes from the Greek and it means “house management”.  Once your understand that economics is about how you manage the things of the household, take a hard look at how we as Americans and our government have managed OUR household. No, it did NOT start with Bush, nitwits. In some respects, it started with the Federal Reserve, a private outfit who wants and does CONTROL the economy through artificial inflation or deflation of prices, tinkering with interest rates and encouraging lending and usury instead of allowing the market to live freely. A market that is not free is a people who is not free. Government controlled markets are sham markets: prices do not reflect the real value of things or services, people collectively live beyond their means, money is wasted on either worthless things (.com bubble) or things that are way overvalued (housing bubble).  You know, the Fed was created once upon a time to protect us from ourselves, to protect us from the natural ups and downs of the market. The day the Fed was created was the day that America said it wanted to create something to shield it from the realities of life – that there are bad days and that there are good days. We didn’t want that any more. We preferred to be slaves to the Fed, rather than continue to be free and in a system ruled by only one thing: capitalism. Government embraced this because this was a great way to control and to siphon money out of the people through inflation and other little tricks like offering them mortgages with obscene interest rates.

Capitalism is not the cause of this financial mess. It is quite the opposite. What is the cause of this mess is government and the Fed’s intervention into the market. It is a form of economic fascism. THAT is what we have been living under and that is what has brought us to where we are today. Now, sadly, many Americans don’t even know what freedom might taste like. They prefer hope and the comfort of the nanny state to the responsibilities and vicissitudes that are the companions of a free peoples.

So this can either be the end of our great nation, or it can be a new beginning for us. But like the American Revolution, this will not be an easy one. We will either go “out with a whimper” or we will stand for who we know we are and fight for our survival, for the survival of freedom AND goodwill towards men on this difficult and rugged terrain we call earth.

And they shall build houses, and inhabit them; and they shall plant vineyards, and eat the fruit of them. They shall not build, and another inhabit; they shall not plant, and another eat: for as the days of a tree are the days of my people, and mine elect shall long enjoy the work of their hands. They shall not labor in vain, nor bring forth for trouble; for they are the seed of the blessed of the LORD, and their offspring with them. (Isaiah 65:21-23)

Obama the Great Unifier: A Noble Lie

“If one understands that socialism is not a share-the-wealth program, but is in reality a method to consolidate and control the wealth, then the seeming paradox of super-rich men promoting socialism becomes no paradox at all. Instead, it becomes logical, even the perfect tool of power-seeking megalomaniacs.

Communism, or more accurately, socialism, is not a movement of the downtrodden masses, but of the economic elite.” – Gary Allen

 

During  the presidential campaign, Obama gave the impression that he would dissolve the politics of divisiveness and would unify our nation of many – as if such a thing is truly desirable. Now a politician who promises to get rid of politics and political posturing in government is a like a doctor who promises to get rid of the practice of medicine. The entire thing is absurd.  But a politician who says he will mend divisiveness amongst the people and the nation is like a doctor who is promising to cure the patient of death by removing his ability to breath clean air: an absurdity, and a dangerous one.

Barack - “I won” - Obama  and his elite minions consider the presidency to be a winning lottery ticket where the prize is the ability to do whatever he may like.  We all know that people look at Obama as if he were some kind of savior. I have written about this incessantly, particularly in relation to how Obama is simply a manufactured personification of government power. The personalization and bastardization of the Presidency, as if it were a post meant to serve the interests of the majority and the person of the President, instead of the law and the Constitution of our nation, is the foundation upon which Obama is going wield the executive power.  And since We the People have failed to teach ourselves and our children the nature of our government and the nature of our Constitutional Republic, he will be able to achieve this with ease and without much resistance.

America's Constitution is far from an endorsement of majority rule. The founders did believe in voting to select who should be entrusted with the power of government, but the more important, prior question they asked was: "What power will the federal government be granted?" The overwhelming consensus in those classically liberal days was that government should leave society and economy alone.

That is why the Constitution grants so few powers to government and the the Bill of Rights is devoted to what the government is not allowed to do, regardless of majority sentiment. As Jefferson said, our founders fought not for democracy, but for government "tied down from mischief by the chains of the Constitution."

The Constitution contains several non-majority rules to protect Americans against abuse of their rights by their government, such as the Supreme Court's power to strike down unconstitutional federal laws, regardless of how many votes they received, the presidential veto power, as well as the right of the Congress to impeach the president. In that, it reflected our founders' antipathy toward pure majority rule.

James Madison said "democracies ... have ever been found incompatible with personal security or the rights of property; and have in general been as short in their lives as they have been violent in their deaths." Thomas Jefferson warned that "[an] elective despotism was not the government we fought for," and that "The majority, oppressing an individual, is guilty of a crime, abuses its strength, and by acting on the law of the strongest breaks up the foundations of society." Alexander Hamilton asserted that "Real liberty is not found in the extremes of democracy. – Learn the Constitution, Or Else, Mises.org

Democracy is exactly what Obama is encouraging to fester and in order to achiever the Ignoble Lie that he is a unifier,  Obama will have to silence critics, nationalize or privately centralize financial, corporate and government sectors, control propaganda and education and continue to practice the astroturfing tactics via the internet as he did in the campaign. Sounds like fascism? Yes, ma’am.  The next stop after democracy is in fact tyranny, so all aboard!  Glenn Beck, in fact, just today reported the story about how General Electric is getting in bed with the government. President Obama named GE CEO Jeffrey Immelt to his economic advisory team.

I've got good news and I've got bad news on GE. The GE thing, here they are, they are merging government and business with GE. They've got -- GE, I'm telling you, is going to be bailed out. GE will get all kinds of contracts from the government on green energy and everything else. The CEO of GE has now been appointed, today he's just been appointed as an economic advisor for Barack Obama. That's amazing. The guy who -- the guy who would not -- shareholders are like, "Can we sell NBC? This is really not good." They're like, nope, nope, nope, nope, nope, nope. The guy who put MSNBC and put him into the left category, to the point to where Tim Russert said you're destroying our credibility, this guy is, he's down with Keith Olbermann and everything else. You've been asking why for a very long time, yada, yada, yada. Well, now you know. This guy doesn't need the largest lobbying arm in America. He doesn't need that anymore. He's got the president's ear. "Oh, we've got that green week thing. Don't worry. We're doing another green week. We'll help you on that. These people are just stupid. You're exactly right, we'll help you, President Obama and Al Gore, we'll help you convince everybody. We got another Green Week coming up, and we'll do some more green stories and global warming stories, you know, on the news with Brian Williams. GlennBeck.com

But to add insult to injury, guess who will be serving as chairman of this economic advisory board? Why it’s old Paul Volker, former Chairman of the Federal Reserve. Just what we need. The Federal Reserve, the very institution that has caused the depression to be GREAT (along with help from FDR), the institution that makes it a rule of thumb to inflate those bubbles till they go “pop”, is going to offer one of its own to help plan our brand spanking new economic policy. I suppose the philosophy is that we need to preserve and reuse the bathwater even when we no longer have a baby.

Where is that damn change, people? Can’t see anything here except a change in COSTUME.  Obama’s only economic policy is to further centralize government, merge it with business and control the wealth. The same people will always benefit and will always win. The public will continue to sacrifice their hard earned savings in the name of “climate change”, “green” and “collective responsibility”.

But in order to for this to happen and to happen without a glitch, we need the frosting on this cake of socialist goodies. That frosting would be the so-called Fairness Doctrine, coming to a radio station near you.  The suppression of criticism and dissent will allow the cake to remain intact and in its purest form. At that point unity will have been achieved.  WorldNetDaily reports:

Sen. Debbie Stabenow, D-Mich., told radio host and WND columnist Bill Press yesterday when asked about whether it was time to bring back the so-called "Fairness Doctrine": "I think it's absolutely time to pass a standard. Now, whether it's called the Fairness Standard, whether it's called something else – I absolutely think it's time to be bringing accountability to the airwaves. I mean, our new president has talked rightly about accountability and transparency. You know, that we all have to step up and be responsible. And, I think in this case, there needs to be some accountability and standards put in place."

Asked by Press if she could be counted on to push for hearings in the Senate this year "to bring these (radio station) owners in and hold them accountable," she replied: "I have already had some discussions with colleagues and, you know, I feel like that's gonna happen. Yep."

The State is going to tell YOU what it means to speak with responsibility. “Responsibility” in Obamaland is simply doublespeak for “in accordance with the State”.  Again, unity here means the destruction or concealment of disunity. Obama is not clean. He simply sweeps the dirt under the rug.  Its downright filthy it is, just like the Chicago soil that he and his hoodlums grew up in.

Oh, and last but not least, after unity is achieved, one would of course want that unity to survive for the longest period of time possible, at least until the next  generation grows up and is able to freely enjoy abortions to decrease the surplus population.

Rep. Jose Serrano, D-NY, would make President Barack Obama President for life. Earlier this month the Congressman introduced H. J. Res. 5 that proposes an amendment to the US Constitution that would repeal the Constitution’s 22nd Amendment, thereby removing the limitation on the number of terms an individual may serve as President.  -Times Examiner

Cross-posted on Modern Conservative.