Wednesday, October 28, 2009

FDIC Coverage Change

This letter was printed recently. Pithy. But with bank failures to continue we should be concerned:


Local banks display signs that the FDIC is temporarily raising insurance from $100,000 to $250,000 through December 31, 2013.

Hooray!

But wait a minute. With fractional banking and a chance of 100% failure of a fiat currency, the guy making $100 a week must pony up $900 a week to insure that money. The FDIC is and always has been, a fraud. To quote from a book on the subject, "'...Deposit insurance' is simply a fraudulent racket, and a cruel one at that, since it may plunder the life savings and the money stock of the entire public...."



Should we consider the once loved Federal Savings and Loan Insurance Corporation? It no longer exists.

So what happens January 1, 2014?

Friday, October 23, 2009

Republicans are bankrupt, in ethics and ideas, but not in Green, Greenscam is not just a past Fed Chair anymore!

Brad Ellsworth is a Traitor

Ellsworth may be stupid, a dupe, or paid off. These only describe WHY he is a TRAITOR. I leave the WHY for you to choose.

Gangster Government List of Shame
Bayh, Evan (D - IN) 202 224-5623 fax: 202-228-1377
Lugar, Richard G (R - IN) 202 224-4814

Donnelly, Joe (D)
Carson, Andre (D)
Ellsworth, Brad (D)
Hill, Baron P. (D)

Phil Schmitt is in this video. His email with Campaign for Liberty is: rephil513@gmail.com.

Let's hope he supports Libertarian John Cunningham
John Cunningham

Wednesday, October 07, 2009

RON PAUL INTERVIEW WITH "RUSSIA TODAY"

Twelve minutes. Unbelievable!


FTC Disclaimer Requirement

Heard about this on MSM news. So I have to post this. I'll do it with a ditto to Mark Rutherford, past Chair LPIN, he posted this yesterday:


Tuesday, October 06, 2009

Federal Trade Commission Required Disclaimer

The Federal Trade Commission requires the following disclaimer on this blog site:

I occasionally get a free beer and stale barbecue potato chips from the Libertarian Party of Indiana, presumably because I usually spell its name correctly when I mention it in this blog.

Since there is some danger that a federal bureaucrat charged with regulating speech and ignoring the First Amendment to the US Constitution might investigate this site and discover this possible source of compensation, I felt that it was best to disclose it.

I thought about closing this blog down because of the chilling effect of the FTC edict, but decided against it because I like free beer and stale barbecue potato chips.

Monday, October 05, 2009

Dr. Paul's "End The Fed" Exposes Lies

Sent this letter with P.S. to Max. Not in paper yet. Fed stories must bore Max.

Too bad I will send Max another letter connected to a Murray Rothbard book, The Case Against the Fed, which has a great page about Big Business and Big Intellectuals. Written in 1994, it needs to be read by all who think about voting.

Ed Gluck
235-0412

Dear Max,

On page 94 of Ron Paul's latest book, End The Fed, he contends, "...This depression will likely last and last. If the depression lasts a decade or more, its length cannot be blamed solely on Greenspan. That blame will be placed on the current Federal Reserve Board, Congress, the President, the Treasury, but above all on Keynesian economic policy, the same philosophy that gave us the Great Depression of the 1930's...." Dr. Paul is correct. The very wealthy mock the workers whose families once worked about forty hours per week but now work over 70 hours per week for a lower standard of living.

Hey, the World Is Flat! People are in a wage competition with starving folks around the world.

The earth is an oblate spheroid. The People have been fed a diet of lies. Paul mentions the reason we work twice as long for a lower standard of living. In August of 1971 the dollar was cut from its last connection with gold. Since then the Fed (Federal Reserve) has printed money (inflated the money supply) causing a rise in prices. It was doing this since 1913 but now it has no limits. Since 1970 the worker and saver have lost ground. The wealthy get their money first and the toilers (a word used by C.A. Lindbergh; Congressman, bank board member, and father of the famous pilot) blame unions, small entrepreneurs, and others for their troubles.

Fed Chair Bernanke has said the recession is about over. Why would he say this?

Bernanke said this because it will stop you from discovering the reason for the latest crisis and how to stop the stealing. The wealthy will drink their booze and mock you for believing the lies. So often has the Fed Chair been wrong, this lie will not hurt him in the least. Half of the college economic professors are paid by the Fed, and we see these paid liars or dupes printed in papers and on our television screens. They will be as wrong as often as the Fed.

We must believe the lies. Don't read the truth in Paul's End The Fed. The super rich need you for their entertainment and unlimited money supply.


In Liberty,

Ed Gluck
Terre Haute, IN


P.S.
That the super wealthy mock us is my assertion. The working hours and standard of living is my observation not Ron's. You can look up the working stats for yourself (the U.K. and U.S. work over 70 hours per week, France is limited to about 35 hrs per week per job) Hans Hoppe, a favorite economist of mine, notices the standard of living fall from the 1970s but blames it on divorce and behavior changes. Here is a quote of his:

A Quote by Hans-Hermann Hoppe on democracy, truth, justice, beauty, poliics, envy, and ignorance

What is true, just, and beautiful is not determined by popular vote. The masses everywhere are ignorant, short-sighted, motivated by envy, and easy to fool. Democratic politicians must appeal to these masses in order to be elected. Whoever is the best demagogue will win. Almost by necessity, then, democracy will lead to the perversion of truth, justice and beauty.