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	<title>The Liberty Tree Lantern &#187; Bailouts</title>
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	<description>America Rise Up! Congress Must Strictly Obey Constitutional Laws, As They "WERE" Intended, To Restore Our Freedom, Economy and Individual Prosperity. Let's Take Our Country Back!</description>
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		<title>Bold Plan of Resistance Emerging</title>
		<link>http://captkarl.blogivists.com/2009/11/19/3898/</link>
		<comments>http://captkarl.blogivists.com/2009/11/19/3898/#comments</comments>
		<pubDate>Thu, 19 Nov 2009 23:14:27 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
				<category><![CDATA[Bailouts]]></category>
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		<category><![CDATA[2009 Continental Congress]]></category>
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		<category><![CDATA[Civic Resistance]]></category>
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		<description><![CDATA[If these initial resolutions are any indication, the Congress clearly has set its collective intent to adopting a volume of provocative and far-reaching “Remedial Instructions” and “Civic Actions” to restore the Constitution, and which effects will soon reverberate from sea-to-shining-sea.]]></description>
			<content:encoded><![CDATA[<h4>Continental Congress 2009:</h4>
<h3><span style="color: #800000">Stark Instructions to State and Federal Officials Coming Forth </span></h3>
<h3><span style="color: #800000">Delegates Plan Potent Acts of Civic Resistance</span></h3>
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<p align="left"><img src="http://www.wethepeoplefoundation.org/PROJECTS/images/IndyHall-inside-small.jpg" border="0" alt="" width="229" height="165" /><br />
<span style="font-size: x-small">Independence Hall, Philadelphia, PA </span></p>
<p><img class="  alignleft" style="border: 0px" src="http://www.wethepeoplefoundation.org/PROJECTS/09-Congress/PR-images1/154b.jpg" border="0" alt="" width="217" height="164" align="left" /></p>
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<p>2009 Continental Congress in St. Charles, IL &#8211; Pheasent Run Resort</td>
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<p align="left">After a week of intense committee deliberations, sometimes extending well into the early morning hours, the first formal resolutions of Continental Congress 2009 have begun to emerge.  On Tuesday, the Congress adopted resolutions aimed to ending the federal income tax fraud and terminating all state and federal firearms regulations as <em>de facto</em> violations of the plain language of the Second<br />
Amendment.</p>
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<td width="63%">As each of these first resolutions was adopted by the Assembly, they were loudly and spontaneously celebrated by the assembled Delegates, with jubilant energy and great emotion<br />
at the emergence of these first acts of nationally organized resistance to emerge from the Congress.</td>
<td width="3%"> <a href="http://www.givemeliberty.org/"><img src="http://www.wethepeoplefoundation.org/PROJECTS/09-Congress/JIPimages/CC2009-96dpi-SM1crop.jpg" border="0" alt="" width="134" height="77" align="center" /></a></td>
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<p>If these initial resolutions are any indication, the Congress clearly has set its collective intent to adopting a volume of provocative and far-reaching “Remedial Instructions” and “Civic Actions” to restore the Constitution, and which effects will soon reverberate from sea-to-shining-sea.</p>
<p>Watch the <a href="http://www.givemeliberty.org/CC2009/default.htm">live webcast</a>, see the <a href="http://www.cc2009.us/archives">video archives</a> &amp; donate to help fund the CC2009 event:</p>
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<p>The Income Tax Instruction to the United States Congress adopted by the Continental Congress cites several essential facts in U.S. law, including irrefutable documentation establishing that the 16<sup>th</sup> Amendment is void, <em>ab initio</em>, due to its failure to be properly ratified, and that any direct, un-apportioned tax on the labor of any American is wholly unconstitutional.  The resolution cites the U.S. Supreme Court holding that labor (and the fruits thereof) are, “…the most sacred and inviolable” property of the citizens of the nation.  (Citing <em>Butcher’s Union Co. v. Crescent City Co</em>., 111 U.S. 746, 757)   </p>
<p>The tax resolution also calls for Congress to execute the immediate cessation of the (unlawful) imposition of the practice of withholding of earnings from the paychecks of American citizens and for the Congress to immediately release and restore all citizens wrongfully imprisoned as a result of the “unconstitutional application of the income tax” (laws). </p>
<p>The Civic Actions recommended by the Congress for the People to end the Income Tax fraud include for the People to contact their local sheriff and demand cooperation with the citizenry to provide protection from (unlawful) federal and state tax enforcement actions (including fraudulent, non-judicial “administrative” IRS liens and levys), that citizens prepare to replace or otherwise recall or impeach any sheriff who refuses to protect their local citizens from “…rogue federal agents acting under color of law,” and for citizens to prepare themselves to withhold their monies as a means to secure Redress. </p>
<p>As to the Second Amendment Right to Keep and Bear Arms, the resolution of the Continental Congress declares that all regulations, state and federal, which are repugnant to the express language of the Second Amendment are “…null and void – including but not limited to, illegal and unconstitutional restrictions on open and/or concealed carry.” </p>
<p>The arms resolution calls for the citizenry to coordinate with their local county Sheriff in establishing a Constitutional Militia, inherently separate from the state National Guard.  Such militia would be a constitutional defense force, “comprising all citizenry capable of bearing arms and under proper authority, in defense of themselves and the states.” </p>
<p>Official copies of these resolutions and others will be released shortly for public inspection and distribution.  Committee and sub-committee work on “Remedial Instructions” for state and federal officials will by decree, end at midnight Wednesday (Nov. 18). </p>
<p>Starting tomorrow (Thursday) , the Congress begins two and a half days of intense deliberations, turning their sole attention to debating and adopting a comprehensive set of potent “Civic Actions” every American can implement, <em>en masse</em>, to effect a peaceful restoration of Constitutional Order.</p>
<p>These lawful, (non-violent) civic actions, (fully lawful and protected by the Right to <em>enforce</em> the First Amendment Right to Petition), will be designed to significantly affect the functioning of both state and federal institutions which have been complicit in enabling or otherwise aiding or allowing the destruction of the Constitution and/or the Fundamental Rights of the People.</p>
<p>On Saturday afternoon, the agenda plans for the Delegates set to move to adopt the full package consisting of First Amendment Petitions for Redress of Grievances, “Remedial Instructions” to be served upon state and federal officials, and the slate of “Civic Actions” designed for everyday Americans to implement to resist the tyrants and engage in the battle to restore Liberty. </p>
<p>The final package generated by the Congress will be formally known as the “Articles of Association” and signed (Saturday afternoon) by the Delegates of Continental Congress 2009.  Means are currently being developed for citizens everywhere across America to likewise sign the Articles of Association and join the battle to hold our government accountable to the Law.</p>
<p>The current intent for the Articles of Association is that when “x” million (tbd) Americans publicly commit to personally embrace and execute at least some portion of the (peaceful) plan of Civic resistance, the plan of “Civic Actions” will be fully activated and its full effects soon manifest against our errant institutions of government. More details will be announced following the conclusion of the CC2009 assembly on November 21.</p>
<p><strong>Donations Still Needed &#8212; Please!</strong></p>
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		<title>Poll: Only 43% would vote for Obama now</title>
		<link>http://captkarl.blogivists.com/2009/11/18/poll-only-43-would-vote-for-obama-now/</link>
		<comments>http://captkarl.blogivists.com/2009/11/18/poll-only-43-would-vote-for-obama-now/#comments</comments>
		<pubDate>Wed, 18 Nov 2009 21:56:34 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
				<category><![CDATA[Bailouts]]></category>
		<category><![CDATA[Constitution]]></category>
		<category><![CDATA[Corruption and/or Public Mind Control]]></category>
		<category><![CDATA[Democratic Party]]></category>
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		<category><![CDATA[Energy]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[First Amendment Issues]]></category>
		<category><![CDATA[Freedom]]></category>
		<category><![CDATA[Global Warming and Climate Change]]></category>
		<category><![CDATA[Government Corruption]]></category>
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		<category><![CDATA[Income Taxes]]></category>
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		<category><![CDATA[stimulus bill]]></category>
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		<category><![CDATA[Barack Obama]]></category>
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		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3853</guid>
		<description><![CDATA["Most voters don't trust the president on the number one issue of the day: job creation. On top of that, a surprising plurality of voters, and Independent voters in particular, don't side with President Obama on the number one issue to him: whether or not he should be president," said Brad O'Leary, a former NBC Westwood One talk show host and publisher of the O'Leary Report.]]></description>
			<content:encoded><![CDATA[<h4>1 year after election, trust in president plunging</h4>
<hr size="1" />Posted: November 17, 2009<br />
8:59 pm Eastern</p>
<p>© 2009 WorldNetDaily</p>
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<p>Just 12 months after voting by a 53-47 margin to put Barack Obama in the White House, only 43 percent of voters today would re-elect him, according to a new Zogby Internaional–O&#8217;Leary Report Poll.</p>
<p>&#8220;Most voters don&#8217;t trust the president on the number one issue of the day: job creation. On top of that, a surprising plurality of voters, and Independent voters in particular, don&#8217;t side with President Obama on the number one issue to him: whether or not he should be president,&#8221; said Brad O&#8217;Leary, a former NBC Westwood One talk show host and publisher of <a href="http://www.olearyreport.com/">the O&#8217;Leary Report.</a></p>
<p>He&#8217;s also written <a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=20&amp;ITEM_ID=2750">&#8220;Shut Up America: The End of Free Speech.&#8221;</a></p>
<p>The pollsters on Nov. 10-12 surveyed 2,879 Americans who had voted in the 2008 presidential election. The results have a margin of error of plus-or-minus 1.9 percent.</p>
<p>The poll asked: If the presidential election were held next month, would you vote to re-elect President Obama or would it be time for someone new in the White House?</p>
<p> </p>
<p>The poll showed only 43 percent of Americans who voted in the 2008 presidential election say they would vote to re-elect Obama – a reduction by 10 percent in the votes Obama received on election day last year.</p>
<p>Forty-five percent say they want someone new to be president. Eleven percent say that their vote for or against Obama would depend on who is running against him, and 1 percent are not sure.</p>
<p>Significantly, the poll revealed that only 37 percent of independent voters would vote to re-elect Obama. Forty-six percent say they would like to see someone new. Seventeen percent said they would want to know the opposition first.</p>
<p>Additionally, the poll asked: Please tell me how much you trust the Obama <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=116376" target="_top">administration</a> to pass federal legislation to create jobs in 2010?</p>
<p>&#8220;Not at all&#8221; was the response from 42 percent of the voters. Another 11 percent said they do not trust Obama &#8220;much.&#8221; Only about 1 voter in four said they trusted the president &#8220;very much,&#8221; and 18 percent admitted they trusted him &#8220;somewhat.&#8221;</p>
<p>&#8220;President Obama&#8217;s popularity with the voting public has been eroding for some time, but these numbers really drive <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=116376" target="_top">home </a></p>
<p><a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=116376" target="_top"></a></p>
<p>the point,&#8221; O&#8217;Leary said.</p>
<p><a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114195">WND reported only weeks ago</a> a majority of Americans also are alarmed over attempts by the White <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=116376" target="_top">House</a> to stifle dissent or suppress free speech.</p>
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		<title>Michigan Militia Event Draws Crowd</title>
		<link>http://captkarl.blogivists.com/2009/11/17/michigan-militia-event-draws-crowd/</link>
		<comments>http://captkarl.blogivists.com/2009/11/17/michigan-militia-event-draws-crowd/#comments</comments>
		<pubDate>Tue, 17 Nov 2009 17:50:30 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
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		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3819</guid>
		<description><![CDATA[However, since the Obama administration has taken office there have been about 100 new militias that have formed under the pretense of gun rights and protection of American ideals.  One such newly formed militia is Olson's attempt to create an Alaska Militia.  He held an organizational meeting on Thursday the 12th in Nikiski, AK where he pressed upon the attendees the idea that a militia musted be formed and readied for action imediately.
]]></description>
			<content:encoded><![CDATA[<div style="margin-bottom: 8px">November 16, 2009 02:32 PM EST (Updated: November 16, 2009 02:33 PM EST)</div>
<div>
<p>Norm Olson founded the Michigan Militia in 1994 in response to then-President William Clinton&#8217;s perceived tightening on gun control laws. Today, the Michigan Militia is still thriving, perhaps even more so than in its past due to the current economic struggles.  This past weekend, a function was help at Franks Stansa&#8217;s farm near Flint, MI in order to popularize their message and group.  The function came with a barbeque, carnival-like events, and a rifle firing range, and admitted children for free.  The conversation revolved around the tough state of affairs in America, with nearly all attendees railing against the government and the direction it is headed in.</p>
<p>Olson was a former Air Force who founded the Michigan Militia in the aftermath of the Ruby Ridge, Idaho and Waco, Texas standoffs between the federal government and individuals who had very opposing viewpoints than the government.  The trend in increased militia activities stopped in the early 2000&#8217;s, when a more conservative and gun-right friendly Bush administration took office.</p>
<p>However, since the Obama administration has taken office there have been about 100 new militias that have formed under the pretense of gun rights and protection of American ideals.  One such newly formed militia is Olson&#8217;s attempt to create an Alaska Militia.  He held an organizational meeting on Thursday the 12th in Nikiski, AK where he pressed upon the attendees the idea that a militia musted be formed and readied for action imediately.</p>
<p><span style="color: #0000ff"><em>America</em><em>;  The above report is from another media source.  While the facts about Militias, of Constitutional &#8220;Rule of Law&#8221; concerned Americans, are  springing up all across America is true, this attempt to mislead Americans about them being primarily concerned about President Obama is ludicrous in the extreme.  The Americans in these Militias are concerned about the decades of Constitutional contempt that has incrementally chipped away at The Constitution itself and the destruction of our unalienable Rights over the last 100 years, mostly by Congress.</em></span></p>
<p><em><span style="color: #0000ff">The Militias, as far as The Liberty Tree Lantern can ascertain, only see President Obama as an accelerator, a catalyst, of what several Congresses, Administrations and Judicial Activist Judges on the Supreme Court have done as scofflaws and treasonous enemies of The Constitution and the Rule of LAW therein.</span></em></p>
<p><em><span style="color: #0000ff">In a near future post The Liberty Tree Lantern will provide a document that lists the Constitutional infractions to the Law that has been perpetrated by one or more of the three branches of Government over the last ten decades.  Stay posted for this vital report, which is being utilized to draft ‘combo’ State Sovereignty /  Health Care Right of Choice Amendments to the Constitutions of several States in the Union, including an Amendment to The Constitution of the State of Wisconsin, which Wisconsinites are working to have placed in a referendum during the next election.</span></em></p>
<p><span style="color: #0000ff">In the meantime don&#8217;t let the main stream media convince you that the rise in Militias is primarily about Obama;  It is primarily about ten decades of tyranny and usurpation that has now formented into absolute despotism whereby the &#8220;public&#8221; school Government sponsored system, doesn&#8217;t even teach the meaning of freedom or the canons of The Declaration of Independence or The Constitution of the United (but Constitutionally independent and sovereign) States (Countries) of America.  Additionally, if that isn&#8217;t enough on its own face, as it is destroying our unalienable rights endowed to us by our creator, these usurpations have gotten so heinous that it almost led to the ENTIRE COLLAPSE of the American economy in the last quarter of 2008; which will entirely collapse somewhere between  1  1/2  &#8211; 2  1/2 years from today.  By enforcement of the RULE OF LAW, as written word for word, in spirit and intent, as it WAS meant by the Founding Fathers on the day The Constitution was ratified, especially, but not limited to,  the &#8216;enumerated&#8217; powers clauses in <a href="http://www.usconstitution.net/const.html#A1Sec8">Article 1 Section 8 </a>as further supported in LAW by The Bill of Rights in The <a href="http://www.usconstitution.net/const.html#Am9">9th and 10th Amendments </a>to The Constitution, we will be able to restore our rights, liberty, freedom and rebuild our economy based on the tenets in The Constitution and, thereby, the vast majority of average American citizens will, once again, become wealthy (and with real money in the form of gold and other bi-metal coins per Article 1 Section 8 of The LAW written, established and ordained in The Constitution).</span></p>
<p><span style="color: #0000ff">  In addition, the fact that the &#8220;non-ratified&#8221; ratification of the 16th Amendment which turns on gains and profits and not the equal exchange of property as in payment in exchange for labor in employment is yet another issue amongst many.  And thus if you exchange the value of your labor for an equal exchange of property in the form of compensation, there is NO INCOME.  So, according to The Supreme Court, since there is NO INCOME, there is no requirement to file for income taxes.  That is the reason why the entire book of the Internal Revenue Service Code DOES NOT define the word &#8220;Income&#8221; because than the sham would be exposed in court almost instantly.</span></p>
<p><em><span style="color: #0000ff">Do you even realize that according to The Declaration of Independence and The Constitution that States are separate countries?  The States are independent and sovereign countries that have formed a &#8220;Union&#8221; to support and carry trade with each other.  If you do not know and understand this, then you must read and deliberate about the clauses in <a href="http://www.ushistory.org/declaration/document/index.htm">The Declaration </a>and <a href="http://www.usconstitution.net/const.html#Preamble">The Constitution</a>.  And after you learn about these things you need to ask yourself;  &#8220;<span style="color: #800000">How come I wasn&#8217;t taught about these facts in High School?&#8221; And, You need to ask yourself; <span style="color: #ff0000">&#8220;How come the main stream media doesn&#8217;t convey these facts when they report on national matters involving the independent and sovereign States (separate Countries that make up The Union)?</span></span></span></em></p>
<h4><span style="color: #0000ff"><span style="color: #800000"><span style="color: #ff0000">We all need to be asking ourselves and our Government a LOT of &#8220;Why&#8221; questions!</span></span></span></h4>
</div>
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		<title>The Honorable Richard Church, WI Delegate to OUR New Continental Congress</title>
		<link>http://captkarl.blogivists.com/2009/11/12/the-honorable-richard-church-wi-delegate-to-our-new-continental-congress/</link>
		<comments>http://captkarl.blogivists.com/2009/11/12/the-honorable-richard-church-wi-delegate-to-our-new-continental-congress/#comments</comments>
		<pubDate>Thu, 12 Nov 2009 17:08:12 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
				<category><![CDATA[Bailouts]]></category>
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		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3798</guid>
		<description><![CDATA[The following was submitted to The Liberty Tree Lantern by Mr. Richard Church, Wisconsin Delegate to OUR New Continental Congress that convened for the first time yesterday November 11, 2009.]]></description>
			<content:encoded><![CDATA[<h2><span style="color: #0000ff">The following was submitted to The Liberty Tree Lantern by Mr. Richard Church, Wisconsin Delegate to OUR New Continental Congress that convened for the first time yesterday November 11, 2009:</span></h2>
<p><img style="float: right;margin-left: 10px" src="http://www.gravatar.com/avatar.php?gravatar_id=6657445a0cab9762918fb8bc213c41ee&amp;size=60&amp;default=http%3A%2F%2Fuse.perl.org%2Fimages%2Fpix.gif" alt="" />I will try to post an update from the Continental Congress 2009 each evening. The first day’s post is there now. I will post my updates on my blog on the We The People Forum at <a rel="nofollow" href="http://wethepeopleforum.ning.com/profiles/blog/list?user=2tpnfi66w43ew">http://wethepeopleforum.ning.com/profiles/blog/list?user=2tpnfi66w43ew</a></p>
<p>Be sure to continue to let me know your thoughts on issues of interest at CC2009 by using the website <a rel="nofollow" href="http://cc2009wi.uservoice.com/">http://cc2009wi.uservoice.com</a></p>
<p>In Liberty,</p>
<p>Richard Church<br />
Wisconsin Delegate, CC2009</p>
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		<title>Ron Paul: Audit Fed &#8216;gutted&#8217; in committee</title>
		<link>http://captkarl.blogivists.com/2009/11/02/ron-paul-audit-fed-gutted-in-committee/</link>
		<comments>http://captkarl.blogivists.com/2009/11/02/ron-paul-audit-fed-gutted-in-committee/#comments</comments>
		<pubDate>Mon, 02 Nov 2009 18:08:45 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
				<category><![CDATA[Bailouts]]></category>
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		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3715</guid>
		<description><![CDATA[In fact, of $609,072 given to Watt, $217,109 – or 35.6 percent – came from the money sector, including over $187,000 – or nearly 31 percent of his total contributions – from political action committees within the finance , insurance and real estate industry. The next highest industry supporting Watt was labor, which contributed only 14 percent of his total war chest.]]></description>
			<content:encoded><![CDATA[<h2>Bank-connected congressman blamed for undermining bill</h2>
<hr size="1" />Posted: October 31, 2009<br />
6:15 pm Eastern</p>
<p>By Drew Zahn<br />
© 2009 WorldNetDaily</p>
<div class="wp-caption alignright" style="width: 201px"><img style="border: 0px" src="http://www.wnd.com/images/misc/paulmedium.jpg" border="0" alt="U.S. Rep. Ron Paul, R-Texas" width="191" height="230" /><p class="wp-caption-text">U.S. Rep. Ron Paul, R-Texas</p></div>
<p><span><br />
</span>Rep. Ron Paul, R-Texas, has complained that the bill he sponsored calling for an audit of the Federal Reserve has been &#8220;gutted&#8221; by congressional committee, pointing specifically to a legislator whose campaign coffers have been boosted by the banking <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">industry</a>.</p>
<p><a href="http://www.worldnetdaily.com/index.php?fa=PAGE.view&amp;pageId=90608">As WND reported</a>, Paul sponsored <a href="http://thomas.loc.gov/cgi-bin/bdquery/z?d111:h1207:">H.R. 1207</a>, a bill requiring the Federal Reserve – an organization that&#8217;s independent from the U.S. government but nonetheless oversees U.S. monetary policy – be opened to oversight by Congress. <a href="http://www.worldnetdaily.com/index.php?fa=PAGE.view&amp;pageId=111812">The plan compiled over 300 co-sponsors in the House</a> before being sent to committee.</p>
<p>But in a telephone interview with a Bloomberg reporter, Paul said the teeth have been ripped out of the bill.</p>
<p>&#8220;There&#8217;s nothing left; it&#8217;s been gutted,&#8221; Paul said. &#8220;This is not a partisan issue. People all over the country want to know what the Fed is up to, and this legislation was supposed to help them do that.&#8221;</p>
<p>Paul told Bloomberg the bill has been stripped of provisions that closed loopholes protecting the Fed, including exemption from audits of transactions with foreign central banks and protected <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">communications </a>between the Board, reserve banks and staff.</p>
<p> <em><a href="http://www.wnd.com/petition_fed">Demand the money managers come clean by signing the petition in support of an audit of the Federal Reserve now!</a></em></p>
<p>Paul blamed the chairman of the <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">House </a>Financial Service Committee&#8217;s panel on domestic monetary policy, <a href="http://watt.house.gov/contactinfo.asp">Rep. Mel Watt</a>, D-N.C., for eliminating &#8220;just about everything&#8221; in preparation for the bill&#8217;s consideration on the floor of the House.</p>
<p> Watt, is has also been revealed, has significant connections to the banking industry.</p>
<p>It its report, Bloomberg mentioned that Watt&#8217;s congressional district includes Charlotte, headquarters of Bank of America Corp., the biggest U.S. lender.</p>
<p>Further investigation through <a href="http://www.opensecrets.org/politicians/summary.php?cycle=2008&amp;cid=N00002328&amp;type=I">OpenSecrets.org</a> reveals that the largest share of Watt&#8217;s campaign contributions in the 2008 election cycle came from the finance, <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">insurance</a> and real estate industries.</p>
<p style="text-align: center"><img class="aligncenter" style="border: 0px" src="http://www.wnd.com/images/091031wattcontributors.jpg" border="0" alt="" width="534" height="279" /><br />
<span>Breakdown of <a id="KonaLink4" href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624#" target="_top"><span style="color: blue !important;font-size: xx-small;font-weight: 400"><span>industries</span></span></a> supporting Rep. Mel Watt&#8217;s 2008 campaign (graph from <a href="http://www.opensecrets.org/politicians/summary.php?cycle=2008&amp;cid=N00002328&amp;type=I">OpenSecrets.org</a>)</span></p>
<p style="text-align: left">In fact, of $609,072 given to Watt, $217,109 – or 35.6 percent – came from the money sector, including over $187,000 – or nearly 31 percent of his total contributions – from political action committees within the <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">finance </a>, insurance and real estate industry. The next highest industry supporting Watt was labor, which contributed only 14 percent of his total war chest.</p>
<p>Furthermore, the four largest contributors to Watt&#8217;s cause were Bank of America, Wachovia Corp., American Express and the American Bankers Association.</p>
<p>Keith Kelly, a spokesman for Watt, declined to comment and told Bloomberg Watt wasn&#8217;t immediately available for an interview.</p>
<p>Paul, however, told Bloomberg he intends to introduce an amendment that would restore the bill&#8217;s legislation to its original language when it comes to the House floor for a vote.</p>
<p>Paul long has been a critic of the secrecy of the Federal Reserve.</p>
<p>&#8220;Throughout its nearly 100-year history, the Federal Reserve has presided over the near-complete destruction of the United States dollar,&#8221; he said earlier. &#8220;Since 1913, the dollar has lost over 95 percent of its purchasing power, aided and abetted by the Federal Reserve&#8217;s loose monetary policy.&#8221;</p>
<p><em><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=20&amp;ITEM_ID=2691">You&#8217;ve never needed to understand money like you need to understand it now! &#8220;Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free&#8221; unravels the deception of the Federal Reserve and presents a crystal clear picture of the financial abyss towards which we are heading.</a></em></p>
<p>&#8220;Since its inception, the Federal Reserve has always operated in the shadows, without sufficient scrutiny or oversight of its <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">operations</a>,&#8221; Paul said when the plan to audit the Fed was introduced. &#8220;While the conventional excuse is that this is intended to reduce the Fed&#8217;s susceptibility to political pressures, the reality is that the Fed acts as a foil for the government. Whenever you question the Fed about the strength of the dollar, they will refer you to the Treasury, and vice versa. The Federal Reserve has, on the one hand, many of the privileges of government agencies, while retaining benefits of private organizations, such as being insulated from Freedom of Information Act requests.&#8221;</p>
<p><em><a href="http://shop.wnd.com/store/item.asp?ITEM_ID=3271">Ron Paul&#8217;s &#8216;End the Fed&#8217;: What we need to do to fix America&#8217;s economic policy for future generations</a></em></p>
<p>Paul has warned, &#8220;The Federal Reserve can enter into agreements with foreign central banks and foreign governments, and the GAO is prohibited from <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">auditing</a> or even seeing these agreements. Why should a government-established agency, whose police force has federal <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">law enforcement</a> powers, and whose notes have legal tender status in this country, be allowed to enter into agreements with foreign powers and foreign banking institutions with no oversight? Particularly when hundreds of billions of dollars of currency swaps have been announced and implemented, the Fed&#8217;s negotiations with the European Central Bank, the Bank of International Settlements, and other institutions should face increased scrutiny, most especially because of their significant effect on foreign policy. If the State Department were able to do this, it would be characterized as a rogue agency and brought to heel, and if a private individual did this he might face prosecution under the Logan Act, yet the Fed avoids both fates.&#8221;</p>
<p><a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=108262">WND previously reported that the Fed,</a> despite being ordered to disclose to whom it awarded some $2 trillion in discount &#8220;stimulus&#8221; <a href="http://www.wnd.com/index.php?fa=PAGE.view&amp;pageId=114624" target="_top">loans</a>, continues its fight for secrecy.</p>
<hr size="1" /><strong>Related offers:</strong></p>
<p><a href="http://www.wnd.com/petition_fed">Sign the petition in support of an audit of the Federal Reserve now!</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?ITEM_ID=3271">Ron Paul&#8217;s &#8216;End the Fed&#8217;: What we need to do to fix America&#8217;s economic policy for future generations</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=206&amp;ITEM_ID=1882">&#8220;The Creature from Jekyll Island: A Second Look at the Federal Reserve&#8221;</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?ITEM_ID=1889">&#8220;The Fed: Fraud of the Century&#8221; – Unconstitutional cartel literally creates problems it was supposed to prevent</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=20&amp;ITEM_ID=2691">&#8220;Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free&#8221;</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=20&amp;ITEM_ID=2646">&#8220;$700 Billion Bailout&#8221;: What it means to you, your money, your mortgage and your taxes</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=20&amp;ITEM_ID=2648">&#8220;Bailout: What the Rescue of Bear Stearns and the Credit Crisis Mean for Your Investments&#8221;</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=206&amp;ITEM_ID=2677">&#8220;Bailout Nation: How Easy Money Corrupted Wall Street and Shook the World Economy&#8221;</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=20&amp;ITEM_ID=2644">&#8220;Chain of Blame: How Wall Street Caused the Mortgage and Credit Crisis&#8221;</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=21&amp;ITEM_ID=40">&#8220;Hope of the Wicked: Master Plan to Rule the World&#8221; (book)</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?DEPARTMENT_ID=6&amp;SUBDEPARTMENT_ID=20&amp;ITEM_ID=2651">&#8220;Financial Armageddon: Protect Your Future from Economic Collapse&#8221;</a></p>
<p><a href="http://wnd.com/index.php?fa=PAGE.view&amp;pageId=77483">Stop the bailout! Magnetic bumper sticker</a></p>
<p><a href="http://wnd.com/index.php?fa=PAGE.view&amp;pageId=80245">Surviving economic meltdown in the age of Obama</a></p>
<p><a href="http://shop.wnd.com/store/item.asp?ITEM_ID=1755">Get &#8220;Taking America Back,&#8221; Joseph Farah&#8217;s manifesto for sovereignty, self-reliance and moral renewal</a></p>
]]></content:encoded>
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		<title>Are You &#8220;Fed Up&#8221; Yet?  Help Us Audit &#8220;The Fed&#8221;!</title>
		<link>http://captkarl.blogivists.com/2009/10/29/are-you-fed-up-yet-help-us-audit-the-fed/</link>
		<comments>http://captkarl.blogivists.com/2009/10/29/are-you-fed-up-yet-help-us-audit-the-fed/#comments</comments>
		<pubDate>Thu, 29 Oct 2009 18:07:35 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
				<category><![CDATA[Bailouts]]></category>
		<category><![CDATA[Constitution]]></category>
		<category><![CDATA[Corruption and/or Public Mind Control]]></category>
		<category><![CDATA[Declaration of Independence]]></category>
		<category><![CDATA[Democratic Party]]></category>
		<category><![CDATA[Economic Collapse]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Freedom]]></category>
		<category><![CDATA[Government Corruption]]></category>
		<category><![CDATA[Income Taxes]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Lobbyists / Special Interests]]></category>
		<category><![CDATA[NAU]]></category>
		<category><![CDATA[North American Union]]></category>
		<category><![CDATA[Public Concerns]]></category>
		<category><![CDATA[Republic]]></category>
		<category><![CDATA[Revolution]]></category>
		<category><![CDATA[Senate]]></category>
		<category><![CDATA[Stimulus]]></category>
		<category><![CDATA[TARP]]></category>
		<category><![CDATA[The Federal Reserve]]></category>
		<category><![CDATA[The Matrix]]></category>
		<category><![CDATA[Trilateral Commission]]></category>
		<category><![CDATA[U.S. Government]]></category>
		<category><![CDATA[United Nations]]></category>
		<category><![CDATA[Universal Health Care]]></category>
		<category><![CDATA[congress]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[rights]]></category>
		<category><![CDATA[stimulus bill]]></category>
		<category><![CDATA[stimulus package]]></category>
		<category><![CDATA[taxation]]></category>
		<category><![CDATA[audit the Fed]]></category>
		<category><![CDATA[Audit The Fed bill]]></category>
		<category><![CDATA[Campaign for Liberty]]></category>
		<category><![CDATA[currency destruction]]></category>
		<category><![CDATA[economic crisis]]></category>
		<category><![CDATA[economic disaster]]></category>
		<category><![CDATA[economic ruin]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Health Care]]></category>
		<category><![CDATA[HR 1207]]></category>
		<category><![CDATA[hyper-inflation]]></category>
		<category><![CDATA[hyperinflation]]></category>
		<category><![CDATA[Jim DeMint]]></category>
		<category><![CDATA[medical care]]></category>
		<category><![CDATA[middle class]]></category>
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		<category><![CDATA[S. 604]]></category>
		<category><![CDATA[The Fed]]></category>

		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3680</guid>
		<description><![CDATA[It's time you and I put a stop to a renegade Federal Reserve by exposing the Fed's out of control actions to the American people.  And Congressman Ron Paul and Senator Jim DeMint have a bill before Congress to do just that, known as the "Audit the Fed" Bill (HR 1207 and S 604). 
]]></description>
			<content:encoded><![CDATA[<p>Dear Friend of Liberty,</p>
<p>Trillions of dollars are being stolen from the U.S. taxpayer.</p>
<p><span style="text-decoration: underline">Right now, you and I are seeing the worst plundering of a country&#8217;s wealth in the history of civilization, led by an out of control Federal Reserve</span>.</p>
<p>But together you and I CAN put a stop to it all.</p>
<p>With your help (including submitting the petition linked below to your Congressman and Senators) today, Representative Ron Paul, Senator Jim DeMint and Campaign for Liberty are ready to fight back, by taking the battle straight to the heart of the problem &#8211; the Federal Reserve itself.</p>
<p><span style="text-decoration: underline">Just think about the scope of the problem for a minute: The massive, outrageous amount of dollars committed to the economic bailouts in recent months totals</span>:</p>
<p>More than the socialist New Deal &#8230; More than the entire Iraq debacle &#8230; More than the 1980&#8217;s savings and loan mess &#8230; More than the Korean War &#8230;</p>
<p>COMBINED.</p>
<p>When will it all end?</p>
<p>It&#8217;s time you and I put a stop to a renegade Federal Reserve by exposing the Fed&#8217;s out of control actions to the American people.  And Congressman Ron Paul and Senator Jim DeMint have a bill before Congress to do just that, known as the &#8220;Audit the Fed&#8221; Bill (HR 1207 and S 604).</p>
<p><span style="text-decoration: underline"><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE">That&#8217;s why it&#8217;s vital you click here to submit your &#8220;Audit the Fed&#8221; petition in support of Congressman Paul&#8217;s bill</a></span>.</p>
<p align="center"><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE"></a></p>
<p>You see, Audit the Fed already has almost 300 cosponsors!</p>
<p>Now is the time to make sure your Congressman and Senators feel the heat to support the Audit the Fed bill!</p>
<p>If you and I don&#8217;t act today, I&#8217;m afraid this crisis will end with the economic ruin of every man, woman and child in America.</p>
<p><span style="text-decoration: underline">Today, nearly 13 TRILLION in taxpayer dollars in bailouts and loans has been agreed to by Congress, the Bush and Obama Treasury Departments, and the out of control Fed</span>.</p>
<p>So is it really any wonder more and more folks are starting to realize the Washington, D.C. establishment is hurtling us toward complete economic disaster?</p>
<p><span style="text-decoration: underline">Whether it&#8217;s watching a phony &#8220;stimulus&#8221; package get rammed into law or watching Congress pass a $700 BILLION bank &#8220;bailout&#8221; under threat of martial law, the American people are agitated and increasingly angry</span>.</p>
<p>That means it&#8217;s a perfect time to unleash the pressure of MILLIONS of outraged Americans on the out of control Fed!</p>
<p><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE">So please click here to sign the petition linked below urging your Congressman and Senators to cosponsor and seek roll call votes to pass the Audit the Fed Bill</a>!</p>
<p align="center"><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE"></a></p>
<p>As I know you&#8217;re aware, the Federal Reserve is shrouded in secrecy.  Their meetings are off-limits to the public.  Their inner workings are off-limits to the public.</p>
<p><span style="text-decoration: underline">And just recently, the Federal Reserve told Congress &#8220;NO WAY&#8221; when asked to account for $2 TRILLION in taxpayer-backed loans</span>!</p>
<p>Well, why do you think they refused?</p>
<p><span style="text-decoration: underline">They know coming clean with Congress and the American people on how they doled out that two TRILLION dollars would result in an anti-Fed firestorm</span>.</p>
<p>So can you imagine the impact of a full-scale audit? You and I will finally be able to show the American people that the Federal Reserve System leads to:</p>
<p>*** <span style="text-decoration: underline">Constant economic crises</span> &#8212; the housing crisis and the resulting chaos is just one example of an economic bubble created by centrally-planned interest rates and money manipulation;</p>
<p>*** <span style="text-decoration: underline">The destruction of the middle class</span> &#8212; as fuel, food, housing, medical care and education costs soar, everyone who is NOT on the government dole is forced to make do with less as the value of their money slowly decreases;</p>
<p>*** <span style="text-decoration: underline">Currency destruction</span> &#8212; history shows us that riots, violence and full-scale police states can result when people finally realize our money isn&#8217;t worth the paper it&#8217;s printed on and REFUSE to accept it.</p>
<p>And unless you and I do end the madness in Washington, D.C., we may be closer than we&#8217;d like to think to learning that history lesson firsthand &#8212; right here in our own streets.</p>
<p><span style="text-decoration: underline"><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE">That&#8217;s why your commitment to helping pass the Audit the Fed Bill &#8212; and helping Campaign for Liberty fight this battle &#8212; is so vital</a></span>.</p>
<p align="center"><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE"></a></p>
<p>Just a few months ago, there was no chance of passing any legislation like the Audit the Fed Bill.  So I guess there has been one &#8220;CHANGE.&#8221;</p>
<p>You see, with the piling up of trillions of dollars in out of control &#8220;bailouts&#8221; of Wall Street and international bankers, even many politicians in Washington want to show you they&#8217;re &#8220;being responsible.&#8221;</p>
<p><span style="text-decoration: underline">What better way for Congress to do this than by auditing the Federal Reserve to account for the trillions stolen from the U.S. taxpayers</span>?</p>
<p>More and more Congressmen are already feeling the pressure and are signing up to support this bill.  I&#8217;ve even received word this bill could move in the next few weeks in the U.S. House.</p>
<p>When that happens, you and I must be ready to fight.</p>
<p><span style="text-decoration: underline">And, it&#8217;s both a bill we CAN pass, and one that is vital to exposing the massive corruption and dollar manipulation at the Federal Reserve</span>.</p>
<p>You see, after regulating, taxing, spending, borrowing and printing us into what looks like the worst recession in decades, establishment politicians and power brokers are assuring us they&#8217;re working hard to &#8220;fix&#8221; our economic woes.  What is their solution?  You guessed it.  More of the same!</p>
<p>And even if the Audit the Fed Bill is defeated this time, just forcing a vote is a win/win situation.</p>
<p>Can you imagine how many politicians will pay the price at the ballot box in 2010 when you and I tell the American people their Congressman somehow lost trillions of taxpayer dollars and refused to even LOOK for it?</p>
<p align="center"><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE"></a></p>
<p>Now we just need to show Congress the American people demand action on the Audit the Fed Bill.  Here&#8217;s how we plan to do that.</p>
<p><span style="text-decoration: underline">First, we&#8217;re already busy contacting up to five million activists nationwide through mail, phones and email to generate petitions to the U.S. Congress demanding action on Ron Paul&#8217;s Audit the Fed Bill</span>.</p>
<p>But that&#8217;s just the beginning.  We&#8217;ll work the talk radio stations and grant local media interviews to ratchet up the pressure even further on Congress.</p>
<p>And a few days before the vote, if we have the resources, we&#8217;d also like to run hard-hitting targeted radio, TV and newspaper ads.</p>
<p><span style="text-decoration: underline">This entire program is designed to send this one, CLEAR message to Congress: Any politician who votes against the Federal Reserve Audit should look for another job</span>.</p>
<p>But such a massive effort won&#8217;t be easy &#8212; or cheap.</p>
<p>So in addition to submitting your petition, I also hope you&#8217;ll agree to make a contribution of $1000, $500, $250, or $100 to Campaign for Liberty.</p>
<p>If $100 is too much to ask right now, please make a contribution of $50 or even $25 today.  Every dollar will help, and every dollar will go to this vital fight.</p>
<p align="center"><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE"></a></p>
<p><span style="text-decoration: underline">I know times are hard, but if we don&#8217;t take action, the America we see in just a few years could look far worse than even the one we see today</span>.</p>
<p>Can I count on you to join the fight to AUDIT THE FED by <a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE">clicking here to sign the petition</a>, and by making a generous contribution of $1000, $500, $250, $100, $50 &#8212; or whatever you can afford &#8212; to Ron Paul&#8217;s Campaign for Liberty?</p>
<p>Sincerely,</p>
<p>John F. Tate<br />
President</p>
<p>P.S. Please submit the petition urging your Congressman and Senators to cosponsor and seek roll call votes on Rep. Ron Paul&#8217;s Audit the Fed Bill TODAY!</p>
<p align="center"><a href="http://email.wnd.com/ct/3547367:5094920387:m:1:148392825:5D86DB511E072732FE52BA49A83FACFE"></a></p>
<p>With Congress spending like never before, and TRILLIONS of new dollars being created out of thin air, it&#8217;s never been more important the Federal Reserve&#8217;s abuses are exposed to the American people once and for all. And, along with submitting your petition, please make a contribution of $1000, $500, $250, $100, or $50 to Campaign for Liberty TODAY!</p>
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		<title>Wisconsin Delegate Election Results for NEW Continental Congress</title>
		<link>http://captkarl.blogivists.com/2009/10/29/wisconsin-delegate-election-results-for-new-continental-congress/</link>
		<comments>http://captkarl.blogivists.com/2009/10/29/wisconsin-delegate-election-results-for-new-continental-congress/#comments</comments>
		<pubDate>Thu, 29 Oct 2009 16:33:24 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
				<category><![CDATA[Bailouts]]></category>
		<category><![CDATA[Constitution]]></category>
		<category><![CDATA[Declaration of Independence]]></category>
		<category><![CDATA[Economic Collapse]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[Environmentalism]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[First Amendment Issues]]></category>
		<category><![CDATA[Freedom]]></category>
		<category><![CDATA[Global Warming and Climate Change]]></category>
		<category><![CDATA[Government Corruption]]></category>
		<category><![CDATA[H1N1]]></category>
		<category><![CDATA[Health Care]]></category>
		<category><![CDATA[Illegal Imigrants]]></category>
		<category><![CDATA[Income Taxes]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Lobbyists / Special Interests]]></category>
		<category><![CDATA[Marinette]]></category>
		<category><![CDATA[Menominee]]></category>
		<category><![CDATA[Michigan]]></category>
		<category><![CDATA[Morality and Virtue]]></category>
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		<category><![CDATA[RFID Tags / Chips]]></category>
		<category><![CDATA[Recall of Politicians]]></category>
		<category><![CDATA[Recession / Depression]]></category>
		<category><![CDATA[Republic]]></category>
		<category><![CDATA[Revolution]]></category>
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		<category><![CDATA[Senate]]></category>
		<category><![CDATA[Social Security & Medicare]]></category>
		<category><![CDATA[Social Security and Medicare]]></category>
		<category><![CDATA[State of Wisconsin]]></category>
		<category><![CDATA[Stimulus]]></category>
		<category><![CDATA[Swine Flu Vaccine]]></category>
		<category><![CDATA[TARP]]></category>
		<category><![CDATA[Tea Party]]></category>
		<category><![CDATA[The Federal Reserve]]></category>
		<category><![CDATA[The Matrix]]></category>
		<category><![CDATA[Trilateral Commission]]></category>
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		<category><![CDATA[Wisconsin]]></category>
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		<category><![CDATA[economy]]></category>
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		<category><![CDATA[state sovereignty]]></category>
		<category><![CDATA[stimulus bill]]></category>
		<category><![CDATA[stimulus package]]></category>
		<category><![CDATA[taxation]]></category>
		<category><![CDATA[Constitutional Law]]></category>
		<category><![CDATA[Election]]></category>
		<category><![CDATA[Form 1040]]></category>
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		<category><![CDATA[Wisconsin Delegates]]></category>
		<category><![CDATA[Wisconsin Election Results]]></category>

		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3678</guid>
		<description><![CDATA[The final (as of October 26th) Wisconsin delegation for Continental Congress 2009 is, in order of number of votes:]]></description>
			<content:encoded><![CDATA[<p>Continental Congress Coordinators, Team Members, Volunteers, Supporters,</p>
<p> </p>
<p>Please circulate this message to your contacts in Wisconsin.</p>
<p> </p>
<p>The final (as of October 26th) Wisconsin delegation for Continental Congress 2009 is, in order of number of votes:</p>
<ul>
<li>Richard Church</li>
<li>Rudy Eckert</li>
<li>Michael Staudacher</li>
<li>Brent Arnold (Alternate)</li>
</ul>
<p>Other candidates that may have received more votes have since dropped out of consideration.</p>
<p> </p>
<p>Richard Church, as the leader of the delegation, has asked that the  people of Wisconsin use a website ( <a href="http://cc2009wi.uservoice.com/">http://cc2009wi.uservoice.com</a> ) he set up to submit suggestions, resolutions and comments to the delegation.  Here is how it works, in Richard&#8217;s words:</p>
<p> </p>
<p>It allows people to make suggestions and to vote on the suggestions of others. Users can remain anonymous, or they can sign up for an account. The way it works is that you get 10 votes which you can distribute however you want among the suggestions. You can give a suggestion more than one vote if you feel very strongly about it. The more people that vote, the better picture we get of what the major priorities should be. The short address is: <a href="http://cc2009wi.uservoice.com/">http://cc2009wi.uservoice.com</a></p>
<p> </p>
<p>Please feel free to also contact the delegates directly.  The contact information is located on the Wisconsin webpage at <a href="http://givemeliberty.org/user/congress/Region.aspx?state=wi">http://givemeliberty.org/user/congress/Region.aspx?state=wi</a> </p>
<p> </p>
<p>The Continental Congress will have credibility in direct proportion to the support of the people.  It is up to you and me to restore our Constitutional Republic and reasert our unalienable rights.  The Constitution cannot defend itself.  The time to participate is now.</p>
<p> </p>
<p>Please also consider giving a donation to fund the Continental Congress at:</p>
<p><a href="http://www.cc2009.us/donate">http://www.cc2009.us/donate</a>  This web page has a chart of how the funds will be used.</p>
<p> </p>
<p>With liberty for all,</p>
<p> </p>
<p>Marc Messina</p>
<p>Wisconsin State Coordinator</p>
<p> </p>
<table border="0" cellpadding="0">
<tbody>
<tr>
<td> </p>
<p align="center"><strong>We The People Congress, Inc.</strong><br />
2458 Ridge Road, Queensbury, New York 12804<br />
<a title="http://givemeliberty.org/" href="http://givemeliberty.org/">http://GiveMeLiberty.org/</a></p>
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		<title>Newt Gingrich Shows What Republicans Can Do (To Us).</title>
		<link>http://captkarl.blogivists.com/2009/10/27/newt-gingrich-shows-what-republicans-can-do-to-us/</link>
		<comments>http://captkarl.blogivists.com/2009/10/27/newt-gingrich-shows-what-republicans-can-do-to-us/#comments</comments>
		<pubDate>Tue, 27 Oct 2009 19:25:51 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
				<category><![CDATA[Bailouts]]></category>
		<category><![CDATA[Constitution]]></category>
		<category><![CDATA[Constitution Party]]></category>
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		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3668</guid>
		<description><![CDATA[Would any Republican be willing to force compliance with Constitutional Law in full force and effect?  I don't think that these liars would.  And this comment is coming from a registered Republican and supporter of 32 years.

]]></description>
			<content:encoded><![CDATA[<h4>From a fellow Blogger:</h4>
<p>Before I get into the details of the title of this post, let me say that I already know some of you are going to want to react to what I write with a bit of malice. I’ve taken a little heat for <a href="http://ericjodom.com/blog/2009/10/the-full-scoop-on-the-ny-23-race/">my post ripping Newt Gingrich about his “Party over Principles” stance over on my personal blog</a>, so I fully understand there are folks who feel very passionate about this issue. But let me also say that for every email against my position, there are twenty in support of it.</p>
<p>If you’re one of the few who are angry about all of this, do us a favor and <a href="http://www.nrcc.org/">point the fingers in the right direction</a>.</p>
<p>If you haven’t been following the NY23 special election, I highly recommend you <a href="http://ericjodom.com/blog/2009/10/the-full-scoop-on-the-ny-23-race/">go read the scoop on my blog</a>. In short, the GOP establishment took the liberty movement for granted, jumped behind the wrong candidate (a far left, liberal Republican) and expected the base to just fold and follow their pick without complaint.</p>
<p>At first. this all just appeared to be a poorly calculated decision for the beltway thugs who pretend to be the conservative movement. I mean, back when Newt Gingrich endorsed far left liberal Dede Sozzafava in the race, the grassroots movement was hardly paying attention. It wasn’t until about two weeks ago when the rest of the country realized what was going on.</p>
<p>During the past week, many movement conservatives have shown full support for conservative candidate Doug Hoffman in the race. Sarah Palin, Dick Armey, Club for Growth and MANY others have thrown their political weight behind him.</p>
<p>And not just the “players”… the Tea Party Movement has gotten involved in a huge way. Using the internet as vessel, the message of conservative candidate Doug Hoffman has traveled far and wide, and support for him has exploded.</p>
<p>Which left egg on the faces of all the establishment heads who jumped into the liberal Republican camp early on.</p>
<p>Mistakes were made. No doubt about it. But here is where it gets wild. Instead of doing the right thing, <a href="http://michellemalkin.com/2009/10/23/dallas-tea-party-activists-push-back-against-gingrichs-straw-men/">Newt Gingrich and crew have dug in their heels and are strongly defending their position</a>.</p>
<p>Damage control was possible about five days ago, but now they’ve lost their chance. There is no turning back. They made the wrong choice. The refused to admit it and join the true base of the movement. And now they’re actually trying to preach to us that more of the same is needed to fix the problems more of the same created.</p>
<p>Bizarre.</p>
<p>All that said, one would think these groups would now keep their mouths shut and try to minimize the damage, right?</p>
<p>Wrong.</p>
<p><a href="http://www.politico.com/news/stories/1009/28699.html">Politico reported today that the NRCC is actually goinjg to step up their efforts and dump another $300,000 into to media buys for far left candidate Dede Scozzafava</a>.</p>
<blockquote><p><em>The National Republican Congressional Committee remains committed to embattled GOP nominee Dede Scozzafava in the upstate New York House special election, even as many of the party’s top names throw their support to Conservative Party nominee Doug Hoffman.</em></p>
<p>Two party officials tell POLITICO that the NRCC will continue to air TV ads propping up Scozzafava in the days leading up to the Nov. 3 contest and <strong>plans to keep up a near relentless barrage of press releases slamming Hoffman</strong>.</p>
<p>Scozzafava, a state assemblywoman who supports gay marriage, abortion rights and has a close relationship with leading labor officials in her region, has been the target of sustained criticism from conservatives who claim she is too liberal for them to support her candidacy.</p></blockquote>
<p>Not only is the NRCC going to waste donor dollars on a failed candidate with no hope of winning the race, <strong>they’re also going to attack the actual conservative in the race!</strong></p>
<p>At this point, the only logical conclusion is that the NRCC (a huge hub of establishment consultants who leech off of donor money) and the rest of the old guard will arm itself for battle and wage war against the grassroots base rather than give it control.</p>
<p>For those in our movement who are saying “we don’t need to wage war against the machine right now”… wake up. <strong>The machine is waging war against you.</strong></p>
<p>This is a fight the movement has been itching for. In my opinion, we should confront this machine and do so immediately.</p>
<p>Food for thought.</p>
<p>-Eric Odom</p>
<h3>Capt. Karl&#8217;s Reply / Comment:</h3>
<p>Fool me once, shame on you.  Fool me ten times, shame on me.  How many times do the Republicans get to tell us Jeffersonian Constitutionalists that they are for freedom, liberty and completely support The Declaration of Independence and the dovetail Constitution of the United States only to find out that their actions are, in large measure, opposed to their rhetoric?   After the behaviors of the last Republican Congress I am even beginning to wonder what the term RINO really means any more? </p>
<p>When in the last ten decades has any Republican party rolled back the heinous usurpations that started with the ratification of the non-ratified 16<sup>th</sup> Amendment by the lying Secretary of State Philanderer Knox and his boss in crime President Woodrow Wilson?  Not to mention the Constitutional atrocity of The Federal Reserve Act of 1913 that was passed on either Christmas Eve or the day before when President Woodrow Wilson held corruptible Congressmen from Christmas break to fulfill his commitment to the owner bankers of the cartel of twelve privately held huge banks that now make up The Federal Reserve “System”, for the endless campaign funds that they provided for his election, which allowed the tyrants in the U.S. Congress and several Administrations to borrow us into incremental oblivion and all manner of Constitutional contempt ever since.</p>
<p>Benjamin Franklin once said; “The definition of insanity is doing the same thing over and over and expecting different results. “   It should be obvious to all of us now that simply electing Republicans is not the answer to our problems.  The answer is in finding a way to ENFORCE THE LAW that we wrote, established and ordained in The Constitution by our individual authority bestowed upon us by our creator.   Especially, but not limited to, <a href="http://www.usconstitution.net/const.html#A1Sec8">Article 1 Section 8</a> as further supported by the <a href="http://www.usconstitution.net/const.html#Am9">9<sup>th</sup> and 10<sup>th</sup> Amendments </a>in The Bill of Rights.</p>
<p>Is it not clear that, according to THE LAW, the U.S. Government was ‘borrowed’ certain powers by us, from our authority given to us individually by our creator, to ONLY handle these SEVENTEEN ‘enumerated’ powers for the ‘privilege’ of serving us at and for our convenience?  Is it not true that the veracity of this is clearly written in The Declaration of Independence as followed up by the dovetail LAWs as written in The Constitution?  When, may I ask, did any Republican serve to reverse any significant numbers of usurpations of authority enacted through these nearly ten decades of incremental tyranny, which have ultimately resulted in the clear display of despotism we see by our current non-representing Representatives and Administration on TV nightly?</p>
<p>It may be true that Democrats are even worse, but for me, I will never ever vote for a Republican again unless he or she <strong><span style="text-decoration: underline">promises</span></strong> to <strong><span style="text-decoration: underline">completely</span></strong> reverse EVERY SINGLE character of constitutionally contemptuous usurpation in legislation <span style="text-decoration: underline"><strong>ever drafted</strong></span>.</p>
<p> If the Federal Government were to obey the law, especially but not limited to, <a href="http://www.usconstitution.net/const.html#A1Sec8">Article 1 Section 8</a>, can you imagine how, after about five years of the imminent financial hardship which lies before us due to our unsustainable economy based on pieces of almost worthless paper and ink called FEDERAL RESERVE “NOTES” that are worth 100 cents each only in our minds, when in reality they are worth 2 – 3 cents each, crashing,,,  quickly the vast majority of our average common workingmen and women would become relatively wealthy once again in the environment of true liberty and freedom.  The potential of what would happen if the LAW was obeyed by our Federal Government is almost too much for the human mind to comprehend.  Ask yourself, how fast would we individually recover financially if we were free to keep almost everything we earned rather than Government spending it?  Just the thought of all of those Trillions being left in our hands and our economy is utterly mind blowing.</p>
<p>Would any Republican be willing to force compliance with Constitutional Law in full force and <strong><span style="text-decoration: underline">effect</span></strong>?  I don&#8217;t think that these liars would.  And this comment is coming from a registered Republican and supporter of 32 years.</p>
<p>BUT NO MORE!  You are either for the complete Constitution WORD FOR WORD, in spirit and intent as it WAS meant when it was ratified or you can FORGET MY VOTE!  PERIOD!  You damn lying traitors!</p>
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		<title>State Sovereignty (Contains text of the NH Resolution)</title>
		<link>http://captkarl.blogivists.com/2009/10/22/state-sovereignty-contains-text-of-the-nh-resolution/</link>
		<comments>http://captkarl.blogivists.com/2009/10/22/state-sovereignty-contains-text-of-the-nh-resolution/#comments</comments>
		<pubDate>Thu, 22 Oct 2009 21:52:42 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
				<category><![CDATA[Bailouts]]></category>
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		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3655</guid>
		<description><![CDATA[The Federal Government will soon, certainly after the next election if not sooner, will need to raise Federal Withholding Taxes on every average common workingman or woman in our country to pay for all sorts of Socialist spending programs;  not to mentions for $99 TRILLION DOLLARS in UNFUNDED LIABILITIES for Social Security and Medicare, ALONE.  Just for these two programs, NOT COUNTING any other spending, they will have to take as much as 80% of your earnings to pay for it.  Protect yourselves from the madness and insanity of all sorts that is going to happen over the next THREE short years or sooner.  Start with a State Sovereignty resolution.
]]></description>
			<content:encoded><![CDATA[<p><object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/YIaSHkcFZ_A&#038;fs=1" /><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><embed src="http://www.youtube.com/v/YIaSHkcFZ_A&#038;fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object></p>
<p> </p>
<h2><span style="color: #800000">Folks, Let&#8217;s Get This Done!   Protect The People of YOUR STATE from the U.S. Government via <span style="color: #0000ff">SUPPORT of OUR Constitution of the United </span>(but independent and sovereign) <span style="color: #0000ff">States of America</span>.</span></h2>
<p><span style="color: #0000ff">The Federal Government will soon, certainly after the next election if not sooner, will need to raise Federal Withholding Taxes on every average common workingman or woman in our country to pay for all sorts of Socialist spending programs;  not to mentions for $99 TRILLION DOLLARS in UNFUNDED LIABILITIES for Social Security and Medicare, ALONE.  Just for these two programs, NOT COUNTING any other spending, they will have to take as much as 80% of your earnings to pay for it.  Protect yourselves from the madness and insanity of all sorts that is going to happen over the next THREE short years or sooner.  Soon they will start to come up with all sorts of reasons to usurp even more power and control over all of our lives in preparation for the financial horror that is coming down the pike as the result of all manner of Constitutional Contempt.  Start with a State Sovereignty resolution.  And, QUICKLY!   <span style="color: #800000">I do not believe you have a lot of time left before all Socialist hell starts breaking loose.</span></span></p>
<h4><span style="color: #0000ff"><span style="color: #800000"><em>May God help us and save The Republic and The Constitution!</em></span></span></h4>
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		<title>Companies&#8217; pension problems could hit taxpayers</title>
		<link>http://captkarl.blogivists.com/2009/10/22/companies-pension-problems-could-hit-taxpayers/</link>
		<comments>http://captkarl.blogivists.com/2009/10/22/companies-pension-problems-could-hit-taxpayers/#comments</comments>
		<pubDate>Thu, 22 Oct 2009 16:52:58 +0000</pubDate>
		<dc:creator>Capt. Karl</dc:creator>
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		<category><![CDATA[Pension Benefit Guaranty Corp.]]></category>
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		<category><![CDATA[retirement]]></category>
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		<guid isPermaLink="false">http://captkarl.blogivists.com/?p=3649</guid>
		<description><![CDATA["The taxpayer has to worry. There is no way politically that Congress would let the PBGC fail to send checks to Grandma and Grandpa. Just like they rescued the savings-and-loans years ago without the legal obligation to do it, just like they rescued a number of banks without the legal obligation to do it, they'll do the same thing with the PBGC if necessary," Elliott said.

Still, even if the weak 
]]></description>
			<content:encoded><![CDATA[<h2>Retirement-plan crisis means bailout of PBGC, though years away, is likely <span style="color: #0000ff"><em>- (YEAH, RIGHT!  Perhaps three on the outside. More likely 1 1/2 years from now. &#8211; Capt. Karl)</em></span></h2>
<p><strong>Sept. 3, 2009</strong></p>
<p><strong>By <a href="mailto:acoombes@marketwatch.com">Andrea Coombes</a>, MarketWatch </strong></p>
<p>SAN FRANCISCO (MarketWatch) &#8212; When the agency that insures traditional pension plans is running a $33.5 billion deficit &#8212; the largest in its 35-year history &#8212; should you be worried? If you&#8217;re a worker or retiree counting on a traditional pension, the answer is probably not. But if you&#8217;re a taxpayer, start worrying.</p>
<p><a href="http://www.marketwatch.com/video/asset/keeping-a-close-eye-on-your-portfolio/AE1CA3E2-1DB5-4590-9EE9-57DF6F969EC1">http://www.marketwatch.com/video/asset/keeping-a-close-eye-on-your-portfolio/AE1CA3E2-1DB5-4590-9EE9-57DF6F969EC1</a><br />
Though it will likely take years, it&#8217;s all but inevitable that at some point the Pension Benefit Guaranty Corp., the agency responsible for guaranteeing pension benefits for some 44 million Americans, will need to either cut those benefits or raise a lot of cash, experts say.</p>
<p><strong>Eye on your portfolio</strong></p>
<p>MarketWatch&#8217;s Sam Mamudi asks New Yorkers how often they review their stock and bond allocations and whether they adjust their portfolio according to market conditions.</p>
<p>Given that slashing payouts to older people is considered political suicide, the likely scenario is that the U.S. government will pony up funds to shore the agency&#8217;s finances.</p>
<p>Pensioners &#8220;don&#8217;t have to worry,&#8221; said Douglas Elliott, an author of numerous studies on the PBGC and a fellow at the Brookings Institution, a Washington-based public-policy think tank.</p>
<p><strong><span style="color: #800000">&#8220;The taxpayer has to worry. There is no way politically that Congress would let the PBGC fail to send checks to Grandma and Grandpa. Just like they rescued the savings-and-loans years ago without the legal obligation to do it, just like they rescued a number of banks without the legal obligation to do it, they&#8217;ll do the same thing with the PBGC if necessary,&#8221; Elliott said.</span></strong></p>
<p>Still, even if the weak economy gets worse before it gets better, and even if more companies with underfunded pension plans go belly up, the PBGC has years before its liabilities become an issue.</p>
<p>&#8220;Even in an Armageddon scenario, we&#8217;ve got 10 or 15 years,&#8221; Elliott said. &#8220;Even a badly funded pension plan that gets taken over usually has enough money to pay its claims for 10 to 15 years. The problem is it needs to keep paying for 60 years.&#8221;</p>
<p>So far this fiscal year, which ends Sept. 30, PBGC has taken on 94 pension plans, up from 74 in fiscal 2008 as the big pension plans of failed auto-industry firms join those of airlines and steel companies on the long list of takeovers.</p>
<p><strong>A decade of large pension failures </strong></p>
<p>Currently, the PBGC doesn&#8217;t receive tax revenues; instead, it&#8217;s funded by company premiums and investment returns, plus it collects the remaining and often substantial assets of any pension plans it takes over. But after already taking on nine of its top 10 largest claims since 2001 &#8212; the largest claim ever, in 2005, consisted of four United Airlines&#8217; pension plans with a total cost to the agency of $7.2 billion &#8212; the current economic downturn has knocked out another swath of companies with traditional pension plans.</p>
<p>Those failures &#8212; most notably in the auto-supply industry &#8212; have helped triple PBGC&#8217;s deficit to $33.5 billion from $11 billion in just the six months from September 2008 through March 2009. Delphi, the nation&#8217;s largest auto-parts maker (it spun off from General Motors in 1999), entered bankruptcy four years ago. This July, the PBGC took over its pension plans, at a cost to the agency of about $6.2 billion.</p>
<p>All told, about $11 billion of the PBGC&#8217;s higher deficit in recent months is from actual or expected plan terminations. Another $7 billion is from a drop in the interest rates used to calculate how much the agency owes beneficiaries over time. (Lower interest rates push higher the figure for future outlays.) Investment losses drove $3 billion of the deficit.</p>
<p>The agency has been on the congressional hot seat this year since it came to light that former director Charles Millard in 2008 aimed to shift the agency&#8217;s assets more heavily into stocks and alternative investments. The agency has since put that investment policy on hold. In April, the PBGC&#8217;s portfolio consisted of about 30% equities, 68% fixed-income securities and 1.5% alternative investments.</p>
<p><strong>More like Social Security than FDIC </strong></p>
<p>The PBGC resembles the Federal Deposit Insurance Corp., another quasi-government agency that&#8217;s facing financial straits and relies on company premiums to protect regular people &#8212; bank customers in the FDIC&#8217;s case. The FDIC may need a cash infusion sooner rather than later, given the high number of bank failures recently and the fact that the FDIC must pay out cash to depositors almost immediately. <a href="http://www.marketwatch.com/story/expect-banks-to-be-hit-with-major-new-fees-2009-08-19">See related story.</a></p>
<p>The PBGC has decades before its liabilities become due.</p>
<p>&#8220;There&#8217;s a point where the Social Security fund starts to run out of money if they don&#8217;t change anything. That&#8217;s a similar analogy to the PBGC,&#8221; said David Kudla, chief executive of Mainstay Capital Management LLC, an investment advisory firm that often works in the auto industry. &#8220;At some point, they either need to charge higher premiums or reduce benefits to current beneficiaries <strong>or have a capital infusion from the U.S. government</strong>,&#8221; he said. &#8220;The third [option] is probably the most likely.&#8221; <span style="color: #0000ff"> - &#8211; Folks, the withholding taxes on the average common workingman are going to go up dramatically shortly after the next election to pay for all sorts of Socialist programs.  WHY? ? ?  Because we have looked to unconstitutional government programs to solve problems and issues, when the answers to these problems have always laid with ourselves, local charities, church congregations, friends, family, neighbors and local communities.  If we are to restore our individual wealth, prosperity, freedom and liberty we need only return to our unique American culture, roots, heritage, history, and constitutional principles; which are laid upon the foundation of the golden rule to love our neighbor as ourselves, and to treat others as we would like to be treated ourselves; NOT to expect the cold hand of Government, such as Social Security, Medicare, FDIC, PBGC or Universal Health Care to take care of our individual responsibilities to do these things and take care of these things for our fellow man through our own abilities and means.  We must stop legalized stealing from our neighbors and fellow man who live across our country in the form we call income and other taxes.  We must learn the meaning of freedom as defined by our founding fathers and the 28 Freedom Principles that has provided all of us common working men and women with the ability to become individually wealthy and powerful through the benefits and advantages of liberty.</span> </p>
<p><span style="color: #0000ff">Freedom means “without” Government interference or Government stealing in the form of taxation in our lives.  How did we stray so far from our roots to the point that most people don’t even understand or comprehend what I am even writing here.  Those of you who don’t have a clue as to what I am talking about, you have been utterly and completely “Mass Behavior Modified” as the U.S. Government and Health and Human Services calls “brainwashing”; and you don’t even know it.</span></p>
<p><span style="color: #0000ff">Because so many of our fellow countrymen have been “Behavior Modified” and, therefore, don’t know, comprehend or understand the one and only “true” definition and meaning of the word “freedom”, nor the vast incredible benefits that mankind can derive from it, this is the very crux of why all of this, including the collapse of our economy is happening to us.  We have lost our way.  We have allowed the dark side of the force to control our minds to the point that we actually believe that wealth can be printed by man out of thin air by a cartel of twelve privately owned (by forty internationally mega-powerful individuals) huge banks called The Federal Reserve “System”.  Would you please ask yourself why you honestly believe that wealth can be printed by the Trillions and Trillions and Trillions out of thin air by man in the form of FEDERAL RESERVE “NOTES”?  And, in addition, don’t you have any idea what a “NOTE” is?  Think, people, snap-out of your stupor!   You are living in a world, an economy based on “NOTES”.  Grab any denomination of dollars out from your wallet right now and look on it for yourself.  It tells you that what you are holding is NOTHING MORE than a “FEDERAL RESERVE ‘NOTE’”…   Wake UP!  Take the God damn Red pill and comprehend that you have accepted I.O.U.s, which is precisely what a NOTE is, for your labor for your whole life, as you have been programmed to do.  Don’t you understand that the dollar WAS, by definition going all the way back to our countries birth, a gold or silver coin, worth an actual value that couldn’t be printed out of thin air?  Our Federal Government, against the LAWS that we wrote upon THEM in the Constitution has duped us into believing that a piece of paper is worth 100 cents, when in reality it was worth 4 cents at best.  We have never been fully paid for our labor and we have never paid for anything in our lives with ‘real’ money, with the exception of gold or silver coin or if any of us used The Silver Certificate that the honorable John F. Kennedy initiated in the mid-late 1950s.  Those were not “NOTES”.  That was real money.  Because The Federal Reserve was on a mission to program and develop “The Matrix” through the Mass Behavior Modification of our minds, to increase their power, influence and profitability many believe that is the reason that JFK was snuffed out in the bizarre still unexplained set of assassinations where JFK’s murderer was “disposed of” before anyone could get the answer out of who hired him for the assassination.   It was only 5 months before that when Kennedy signed the Executive Order that called for Silver Certificates, which were backed by the real assets of God created value in the form of Silver bullion held in Federal Vaults, which would spell the wonderful end of the creation of “The Matrix”, the programming of our minds, the defense of The Constitution and the end of The Federal Reserve “System”; all culminating into the restoration of true freedom, prosperity and the rule of law as we wrote in the Constitution.  The one act would have made contempt for Article 1 Section 8 as supported by the 9<sup>th</sup> and 10<sup>th</sup> Amendments very difficult by the tyrants in both houses of Congress as they wouldn’t have been able to steal our money in the form of taxation so easily.  Thus we now find ourselves in the straits we find ourselves today such as what is reported in the article surrounding this comment piece.  This has also lead to the GIANT Socialist Ponzi schemes known as Social Security and Medicare, which alone are up to $99 TRILLION Dollars in UNFUNDED liabilities over the infinite horizon.</span>  <strong><span style="color: #800000">Where, folks, do you suppose they are going to get that money from?</span></strong>  <span style="color: #0000ff">Bend over and grab the soap, folks, because your taxes are about to skyrocket up after the next election, which, combined with “hyper-inflation” will result in the utter and total collapse of “The MATRIX” (our economy based our minds believing that pieces of paper and ink, called FEDERAL RESERVE “NOTES”, are actually worth 100 cents each.  Hyperinflation is where the entire world revalues the U.S. Dollar to its true “real world”, outside of The Matrix programming of our minds, to the real world value of 2 – 3 cents.  When that happens a loaf of bread will cost us at least $50.00.  A gallon of gasoline will cost us $80.00,” each gallon”.  The cost to fill up the average car will be $1,440.00.  The average monthly heating bill for your home will be $8,000.00.  Your monthly electric bill will cost you even more.  But before that fully happens Government withholding from your weekly paycheck will rise up to as much as 80% of what you earn, JUST to pay for Social Security and Medicare ALONE!</span></p>
<p><span style="color: #0000ff">And, all of this because Government’s hand in and control of curriculums in our “public” schools which don’t even teach the true ‘meaning’ of the term FREEDOM nor the 28 canons and principles of it.</span></p>
<p><span style="color: #0000ff">Please people, WAKE UP, before it is too late and you let them talk you into how wonderful it will be to have “health monitoring” financial transaction authorizing, automatic income taxing, “No Checkout”, microchips implanted into us and then they will have absolute control over us because they will be able to ensure that the “domestic terrorists” amongst us who believe in the one and only ‘true’ meaning of freedom and who support the <strong>FULL FORCE AND EFFECT</strong> of the rule of LAW in The Constitution, word for word, will be prevented from our first Amendment rights to gather and for free speech.  Then the US Government will be able to track every single step, of every single person, ubiquitously, in America and even listen to any person’s “private” conversation 24/7 through RFID enabled cell phones.  See: </span><a title="Permanent Link to Two Minute Warning to BIG BROTHER going ON-LINE:" href="http://captkarl.blogivists.com/2009/10/16/two-minute-warning-to-big-brother-going-on-line/">Two Minute Warning to BIG BROTHER going ON-LINE:</a></p>
<p><span style="color: #0000ff">You see folks, the US Government <strong>HAS TO</strong> have total control over all of us <strong>BEFORE</strong>, the MATRIX, goes down.  Or, God forbid, we will have Constitutional freedom by nature and, thereby we will, after a few years of hardship and survival, begin to become individually prosperous and powerful, in true freedom outside of the control of “The MATRIX” and taxes which is something the Government and “The Fed” as they are today via usurpation, corruption and tyranny, cannot a survive and <strong><span style="text-decoration: underline">will not tolerate</span></strong>.  - &#8211; <em>Capt. Karl</em></span></p>
<p>The fortunes of the PBGC rise and fall in concert with the broader economy: When it hits a rough spot and company bankruptcies increase, the pension agency is forced to take over more retirement plans. And as companies start failing, their pension plans usually worsen.</p>
<p>Companies&#8217; pension-fund deficits &#8220;get worse, sometimes dramatically worse, in the last year or two before they go bankrupt,&#8221; Elliott said. Companies may stop paying into the plan, shift assets into riskier investments, or, as in the case of United Airlines, promise larger pension benefits to some workers in exchange for pay freezes.</p>
<p>By the time the PBGC steps in, the promised benefits of a plan usually far exceed its funds. Of course, the PBGC doesn&#8217;t always pay what the company has promised.</p>
<p>The maximum PBGC benefit payout for a 65-year-old is $54,000 in 2009 (the maximum generally changes annually). That should be of particular concern to auto workers. PBGC estimates that it guarantees just $42 billion of the $77 billion in unfunded pension liabilities at auto-industry companies.</p>
<p>&#8220;Participants in auto-sector pension plans and the other stakeholders of the pension insurance program are at substantial risk of loss if these plans are terminated,&#8221; said Vincent Snowbarger, the PBGC&#8217;s acting director, in testimony to lawmakers in May. <a href="http://www.marketwatch.com/story/what-to-expect-if-the-pbgc-takes-over-your-pension-2009-09-03">See related story on what to expect if PBGC takes over your pension.</a></p>
<p>Meanwhile, the fate of GM and other carmakers looms on PBGC&#8217;s horizon. Despite some positive economic news of late, it&#8217;s too soon to tell whether the carmakers are completely out of the woods. GM&#8217;s pension plan performed better than many through the downturn, but was still underfunded by $20 billion according to PBGC estimates in November.</p>
<p>Still, even if the PBGC were to take on that plan, it could help the agency in the short term. &#8220;Ironically, if they were to take over some big pension plan like GM&#8217;s, it could conceivably be a little longer&#8221; before a bailout becomes necessary, Elliott said. &#8220;It can turn into something like a <strong>Ponzi scheme</strong>. They take on more obligations than they can meet, but they get a bunch of cash up front because they take over the assets of the pension plans that are underfunded.&#8221;  <em><span style="color: #0000ff">Isn’t that special?  Sound a little bit like the Socialist programs of Social Security and Medicare which are $99 TRILLION DOLLARS in UNFUNDED liabilities over the infinite horizon themselves?  Sure let’s add PBGC and Universal Health Care to the Party!!  Woo,  Woo!  Pass the bong, man, this is really some good stuff, man!</span></em></p>
<p><em><span style="color: #0000ff">Can you imagine when every single American soul is dependent upon the US Government just for a roof over our heads and bread on the table?  Don’t you people see where this is all leading us to?  All of this US Government “free stuff” and Socialism, of the dark side of the force, leads us down a dark path and at the end of the path stands the devil who is expecting is due, and he charges us with the cost of our very souls.  Wake UP folks, BEFORE it is too late!  Once they talk us into the admittedly fabulous benefits of accepting MICROCHIPS being implanted into us, we are done for.  Then we will be completely under the control of the Government and nothing but impoverished slaves living in total tyranny  and despotism, with nowhere on Earth to run from the One World Government, ultimately controlled by the bankers /owners of The Federal Reserve “System” where all  of this is leading.  &#8211; - Capt. Karl</span></em></p>
<p>Meanwhile, PBGC&#8217;s balance sheet will get a more certain boost when interest rates rise again, because higher rates reduce what the agency must set aside to cover future liabilities.</p>
<p>&#8220;You end up with a history of the PBGC&#8217;s deficit bouncing up and down fairly wildly based on what happens to the markets and to the economy,&#8221; said Dallas Salisbury, president of the Employee Benefit Research Institute, a Washington-based nonprofit group.</p>
<p>&#8220;If interest rates go down then suddenly you have a bigger liability. If rates go up then your liability magically shrinks,&#8221; said Salisbury, who was an assistant to the PBGC&#8217;s executive director in the late 1970s.</p>
<p>Also, some note the PBGC is on better financial footing than its looming deficit indicates because the agency&#8217;s method for calculating its liabilities may overstate its obligations.</p>
<p>&#8220;They do a survey of insurance companies to get the prices of group annuity contracts. Those are generally pretty low rates, so that increases liability,&#8221; said Mark Warshawsky, director of retirement research at consulting firm Watson Wyatt, and former assistant secretary for economic policy in the Treasury Department.</p>
<p><strong>A bigger board of directors? </strong></p>
<p>Even as the agency faces its largest-ever deficit, some in Congress are calling for a change to the agency&#8217;s governance structure. The agency&#8217;s three-member board is comprised of three Cabinet-level appointees, the heads of busy departments &#8212; Treasury, Commerce and Labor. That&#8217;s cause for worry, according to a recent GAO report.</p>
<p>&#8220;It&#8217;s very difficult for a three-member board that has so many other responsibilities to provide the kind of attention to the corporation that it really needs,&#8221; said Barbara Bovbjerg, director of education, workforce and income security issues at the GAO. The GAO recommends a larger board that doesn&#8217;t turn over when a new administration comes into office.</p>
<p>&#8220;Governance isn&#8217;t going to be the answer to PBGC&#8217;s financial problems, but they face so many challenges that it&#8217;s really a necessary ingredient of managing the challenges that they have,&#8221; Bovbjerg said. Senator Herb Kohl, D-Wis., and others introduced a bill in July to change the agency&#8217;s oversight structure.</p>
<p>Still, a PBGC spokesman and others noted that each board member has a representative who works full time on PBGC issues.</p>
<p><strong>Retirees: What&#8217;s next? </strong></p>
<p>Given the upheaval at companies that offer traditional pensions, people who expect a pension should monitor their company&#8217;s financial health, Kudla said. It&#8217;s prudent to assess how a PBGC takeover might affect your future payments, he said.</p>
<p>Kudla suggests some people might do better taking a lump-sum distribution from their company before that happens &#8212; if that option is available. He also suggests keeping an eye on the PBGC maximum. If your expected pension is at or below the maximum, a PBGC takeover should not change your benefits.</p>
<p>If taxpayers do eventually bail out the PBGC, it could be a bitter pill for some of them. &#8220;You would be getting a bailout from taxpayers who never had a defined-benefit plan,&#8221; Bovbjerg said. &#8220;If you have a 401(k), you don&#8217;t have guarantees like that,&#8221; she said.</p>
<p>&#8220;It&#8217;s easier to talk about funding rules and the PBGC than to bring up the broader issue of secure retirement. But really that&#8217;s what is fundamentally at issue. What are Americans going to live on in their old age?&#8221;</p>
<p>Andrea Coombes is an assistant personal finance editor for MarketWatch, based in San Francisco.</p>
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