As you read this remember, Lawrence Summers was mentored by Robert Rubin a member of The Trilateral Commission, which was founded by the owners of THE FEDERAL RESERVE.  – - Capt. Karl

The White House released hundreds of pages of financial disclosure forms, which are required of all West Wing officials. A White House spokesman, Ben LaBolt, said the compensation was not a conflict for Mr. Summers, adding it was not surprising because he was “widely recognized as one of the country’s most distinguished economists.”

Mr. Summers’s role at the White House includes advising Mr. Obama on whether — and how — to tighten regulation of hedge funds, which engage in highly sophisticated financial trading that many analysts have said contributed to the economic collapse.

Mr. Summers, a former president of Harvard University, was Treasury secretary in the Clinton administration. He appeared before large Wall Street companies like Citigroup ($45,000), J. P. Morgan ($67,500) and the now defunct Lehman Brothers ($67,500), according to his disclosure report. He reported being paid $10,000 for a speaking date at Yale and $90,000 to address an organization of Mexican banks.

While Mr. Obama campaigned on a pledge to restrict lobbyists from working in the White House, a step intended to reduce any influence between the administration and corporations, the ban did not apply to former executives like Mr. Summers, who was not a registered lobbyist. In 2006, he became a managing director of D. E. Shaw, a firm that manages about $30 billion in assets, making it one of the biggest hedge funds in the world.

“Dr. Summers was not an adviser to or an employee of the firms that paid him to speak,” Mr. LaBolt said.

He added, “Of course, since joining the White House, he has complied with the strictest ethics rules ever required of appointees and will not work on specific matters to which D. E. Shaw is a party for two years.

A review of hundreds of pages of financial disclosure forms on Friday evening offered an extensive portrait of the wealth of top officials in the Obama administration. The forms detail the salaries, bonuses and investments of the president’s circle of advisers, many of whom took deep pay cuts from the private sector and sold their companies to work at the White House.

David Axelrod, who was the chief campaign strategist to Mr. Obama and now serves as a senior adviser to the president, reported a salary of $1 million last year from his two consulting firms. Over the next five years, according to his disclosure form, he will get $3 million from the sale of the two firms, which provide media and strategic advice to political clients. He listed assets of about $7 million to $10 million, and reported a long list of Democratic clients and a few corporate concerns, including AT&T and the Exelon Corporation, a nuclear energy company.

The disclosure forms also shed further light on the compensation received by a top Obama aide who previously worked for Citigroup, one of the largest recipients of taxpayer bailout money. The aide, Michael Froman, deputy national security adviser for international economic affairs, received more than $7.4 million from the company from January 2008 to when he joined the White House this year.

‘Shameful’
That money included a year-end bonus of $2.25 million for work in 2008, which Citigroup paid him in January. Such bonuses have prompted political controversy in recent months, including sharp criticism from Mr. Obama, who in January branded them as “shameful.”

The White House had previously acknowledged that Mr. Froman received such a year-end bonus and said he had decided to give it to charity, but would not say what it was.

The administration said Friday that Mr. Froman was working on giving the $2.25 million to a combination of charities related to homelessness and cancer, which took the life of his son this year.

The remainder of Mr. Froman’s earnings from Citigroup included deferred compensation and bonuses for work performed in prior years, as well as a $2 million payment for waiving his carried-interest stake in several private equity funds.

The White House said Mr. Froman decided to take the buyouts to avoid having to recuse himself from foreign-policy issues related to the funds’ investments, like India infrastructure, which means he would be taxed at ordinary income rates on the money.

Millionaires work in a variety of positions across the administration, and they include Desirée Rogers, the White House social secretary. Ms. Rogers, a close Chicago friend of the Obama family, reported income of $2.3 million last year. She earned a salary of $1.8 million from People’s Gas & North Shore Gas, along with three other sources of income from serving on insurance company boards.

Thomas E. Donilon, the deputy national security adviser, reported earning $3.9 million as a partner at the Washington law firm O’Melveny & Myers. His disclosure form says major clients included Citigroup, Goldman Sachs and Apollo Management, a private equity firm in New York that specializes in distressed assets and corporate restructuring.

Mr. Donilon is also entitled to future pension payments from Fannie Mae, where he worked from 1999 to 2005.

Reporting was contributed by Peter Baker, David Johnston, David D. Kirkpatrick, Eric Lipton and Charlie Savage.

Glenn Beck warns about falling for ‘Wizard of Oz lie’

© 2009 WorldNetDaily

Talk show dynamo Glenn Beck is warning Americans not to fall for the “Wizard of Oz lie” – the one that says just because a big government voice is large and intimidating it is right.

Remember that “once you pull the curtain away you realize that there are only a few people pressing the buttons, and their voices are weak,” he writes on his website promoting Friday’s “We Surround Them” special program. It airs at 5 p.m. Eastern Time on the Fox News Channel.

But is there hope yet for an American populace whose members may not want the government borrowing billions to spend, holding talks with potential terrorists and creating federal bureaucracies that dictate decisions in moral dilemmas.

Yes, according to Chuck Norris, martial arts champion, actor, inspiration for children and WND columnist, and his wife, Gena.

“We support Glenn Beck’s ‘We Surround Them,’ because if we the people of America do not unite, the liberties and freedom we have will no longer exist,” the Norrises said in a statement to WND.

“Government will have complete control of our lives,” they said. “Rise up America or face the consequences.”

Glenn Beck

Chuck Norris discussed the issue on Beck’s TV program last week.

“It’s interesting because I read about John Adams, you know, who said that our Constitution was made only for a religious and moral people,” Norris said. “It’s wholly inadequate for the government of any other. Now, can you see this, Glenn? You see what’s happening?”

“You are exactly right,” Beck said. “When America listens to her gut and stops listening to all the experts, we’re going to be fine.”

“The truth is that they don’t surround us at all,” Beck said, referencing the “Wizard of Oz” lie. The general tone and belief in the country notwithstanding, he said, Americans are not powerless to halt the nation’s drift, nor are their voices too quiet to be heard.

“So, how do we show America what’s really behind the curtain?” he asks.

First, agree on the values and principles that are important, he said.

Beck’s principles are, according to his website:

• America is good
• I believe in God and He is the Center of my Life
• I must always try to be a more honest person than I was yesterday
• The family is sacred. My spouse and I are the ultimate authority, not the government
• If you break the law you pay the penalty. Justice is blind and no one is above it
• I have a right to life, liberty and pursuit of happiness, but there is no guarantee of equal results
• I work hard for what I have and I will share it with who I want to. Government cannot force me to be charitable.
• It is not un-American for me to disagree with authority or to share my personal opinion
• The government works for me. I do not answer to them, they answer to me.

And the 12 values are:

• Honesty
• Reverence
• Hope
• Thrift
• Humility
• Charity
• Sincerity
• Moderation
• Hard work
• Courage
• Personal responsibility
• Friendship

Chuck Norris Chuck Norris

Norris said these are desperate times requiring “some positive desperate measures” as jobs and homes are lost, prices skyrocket and usually dependable institutions fail right and left.

“This can’t last much longer,” Beck said. “The way the rest of the world, it is going to start to come apart at its seams and then people are faced with a choice: Are they going to face it locally, are they going to become more like our founding or are we going to become a global government? Are we going to tie ourselves even more to the rest of the world? It’s only going to go one of two ways.”

In his WND column, Norris said he quipped on the show, “I may run for president of Texas.”

“That need may be a reality sooner than we think. If not me, someone someday may again be running for president of the Lone Star state, if the state of the union continues to turn into the enemy of the state,” he continued. “From the East Coast to the ‘Left Coast,’ America seems to be moving further and further from its founders’ vision and government.”

He pointed to issues that in other times would have shocked: “George Washington advised, ‘The great rule of conduct in regard to foreign nations is in extending our commercial relations [and] having with them as little political connection as possible.’ Yet the Obama administration just pledged $900 million … to Hamas-controlled Gaza.”

Norris quoted Thomas Jefferson, “‘We must not let our rulers load us with perpetual debt.’ Yet the Feds have just skyrocketed our national deficit and debt by trillions of dollars.”

“How much more will Americans take? When will enough be enough? And, when that time comes, will our leaders finally listen or will history need to record a second American Revolution?” Norris wondered.

Norris said he plans to hold a “We Surround Them” viewing party to watch Beck’s special program Friday. Beck  has posted an online resource for people to find out where meetings are taking place in their areas.

“Many Americans, both Republican and Democrat, understand that Washington is broken. Many times it seems that the political solution is the problem. No more. Our founders knew the solution is We The People,” the program’s promotion says.

One viewer, Tim Wooley of Melbourne, Fla., plans to have more than 350 people attend his viewing party.

Beck said he will ask viewers Friday to decide whether they’re in or out of the effort.

A billion dollars…

A hundred billion dollars…

Eight hundred billion dollars…

One TRILLION dollars…

What does that look like? I mean, these various numbers are tossed around like so many doggie treats, so I thought I’d take Google Sketchup out for a test drive and try to get a sense of what exactly a trillion dollars looks like.

We’ll start with a $100 dollar bill. Currently the largest U.S. denomination in general circulation. Most everyone has seen them, slighty fewer have owned them. Guaranteed to make friends wherever they go.

A packet of one hundred $100 bills is less than 1/2″ thick and contains $10,000. Fits in your pocket easily and is more than enough for week or two of shamefully decadent fun.

Believe it or not, this next little pile is $1 million dollars (100 packets of $10,000). You could stuff that into a grocery bag and walk around with it.

While a measly $1 million looked a little unimpressive, $100 million is a little more respectable. It fits neatly on a standard pallet…

And $1 BILLION dollars… now we’re really getting somewhere…

Next we’ll look at ONE TRILLION dollars. This is that number we’ve been hearing about so much. What is a trillion dollars? Well, it’s a million million. It’s a thousand billion. It’s a one followed by 12 zeros.

You ready for this?

It’s pretty surprising.

Go ahead…

Scroll down…

Ladies and gentlemen… I give you $1 trillion dollars…

(And notice those pallets are double stacked.)

So the next time you hear someone toss around the phrase “trillion dollars”… that’s what they’re talking about.

Now you multiply that by at least 4 for all the bailouts, porkulus, and Universal Health Care, PLUS another 90 times that pictured for Social Security and Medicare ALONE and now you know how much money the U.S. Government is going to take out of your earnings, your children’s earnings and your grandchildren’s earnings.  Now add the Cap-and-Trade taxes, due to the SHAM - – B.S. of “Global Warming” that has been brainwashed and programmed into our minds, on every single product and service you pay for and on the heat, light and electricity you use and the gasoline you use to get to work, if you are lucky enough to even have a job. What are you going to tell your grandchildren why you, a FREE man or woman, who has control over our Government by way of the LAWS of The Constitution, to get away with this?  What are you going to do about it?

Why are we allowing the U.S. Government and The Federal Reserve company to turn us into Socialist / Communist / Fascist slaves living in the pigsty of the equal distribution of misery in poverty?

You do not have long to think about this.  You better think quickly and do something about this before it is too late.  There is not much time left before our U.S. Government corrupts absolutely in absolute power.

Read the other articles in The Liberty Tree Lantern to learn more and to find out what you can do personally.  And QUICK!

Skip to next paragraph

Mike Segar/Reuters

Maurice R. Greenberg is A.I.G.’s former chief executive.

Mr. Rangel had already helped secure a $5 million pledge for the project from a foundation controlled by Maurice R. Greenberg, one of the company’s largest shareholders and its former chief executive. And C.C.N.Y. officials, according to the school’s own records, had high hopes for A.I.G. — a donation of perhaps as much as $10 million.

The company has never made a contribution. But less than a month after Mr. Rangel met with its officials, the company turned to the congressman for help: A senior A.I.G. executive who had attended the fund-raising meeting wrote a letter directly to Mr. Rangel, chairman of the powerful House Ways and Means Committee, urging him to support a provision of a tax bill that would save A.I.G. millions of dollars a year, according to Joseph M. Norton, a company spokesman.

Representative Charles the tax cheat Rangel D-NY

Mr. Rangel’s exchange with A.I.G. last spring appears to be at odds with the public statements he has made since his fund-raising for the school became an issue. When his approach to A.I.G. was first reported in The Washington Post in July, Mr. Rangel said that he could not recall any issues his committee might have considered in which A.I.G. had an interest.

“I can’t think of one piece of legislation that impacts them, and there has never been a time that they’ve raised any legislation to me,” the paper quoted Mr. Rangel as saying. Indeed, in Mr. Rangel’s formal submission to the House ethics committee, asking it to review his use of Congressional stationery in soliciting money for the school, he wrote, “So far as I am aware, none of those whom I wrote had any pending requests into my office, lobbied me regarding any legislation before my committee, or asked me for assistance on legislation in which they had a special interest.”

Mr. Rangel, who had opposed the tax change A.I.G. was seeking — part of a much bigger piece of legislation — ultimately allowed it to be added to a bill he sponsored. Mr. Rangel’s aides, and fellow Democrats on the Ways and Means Committee, say that he agreed to the bill only after being persuaded by other members of Congress that it would help an array of American companies weather the economic uncertainty.

After Mr. Rangel’s office was asked in recent days about the letter from A.I.G., Janice Mays, counsel to the Ways and Means Committee, said a search of the committee’s records had not turned up a copy of it. But she said Mr. Rangel had already changed his mind about the tax provision before A.I.G. says it sent him the letter.

Federal statutes and House ethics rules forbid members of Congress from asking for anything of value from a person or company with business before them.

Ms. Mays said those rules did not prohibit members of Congress from raising money for nonprofit organizations, even from people or companies with interests before the government. And she said Mr. Rangel’s representation to the ethics committee last summer concerned only those instances in which he had written to potential donors on Congressional stationery, not those he might have met with personally in seeking donations.

A review of Congressional records indicate that A.I.G. had interests in a number of issues before Mr. Rangel — both prior to Mr. Greenberg’s gift and the congressman’s solicitation of A.I.G., and afterward.

Records kept by the Clerk of the House of Representatives indicate that during the past two years, A.I.G. has paid lobbyists to push for changes in at least 10 bills that have been handled by the Ways and Means Committee, including the $700 billion bailout bill that passed in October to stabilize the financial markets.

A.I.G. lobbyists, the records show, pushed for legislative items that would lower taxes on various life insurance products, offer foreign tax credits to multinational corporations and lower the corporate tax rate. The company’s financial services arm hired lobbyists to oppose a push to tax private equity income at a higher rate and to shape new reporting requirements for investment firms.

And because A.I.G. does business around the globe, the company also lobbied on trade issues, which are handled by the Ways and Means Committee.

The available public record shows that A.I.G. prevailed in some of its lobbying efforts and failed in others.

Asked two weeks ago to provide a detailed accounting of Mr. Rangel’s dealings with A.I.G. officials and lobbyists regarding legislation during the past two years, the congressman’s spokesman and lawyer have said they are unable to complete such a time-consuming task during the holidays. And they challenged the fairness of the request.

The New York Times this week sought a response from Mr. Rangel himself about whether, in general terms, he had any reservations about seeking the money and meeting with A.I.G. officials, and a major shareholder, given what the record suggests were the company’s interests before his committee.

Ms. Mays wrote on Friday: “The law expressly permits members of Congress to engage in fund-raising activity on behalf of nonprofits such as C.C.N.Y. and recognizes that donations will inevitably coincide with legislative activity.”

Ms. Mays said the $10 million figure contained in C.C.N.Y. records as the possible size of an A.I.G. contribution represented “an appropriate request” at that time “given the company’s other support for nonprofit educational activities.”

Mr. Norton, the A.I.G. spokesman, said there was no connection of any kind between Mr. Rangel’s bid for a donation and the company’s lobbying on the tax matter.

A.I.G., one of the world’s 20 largest corporations, has been at the center of several public crises during the past year.

In September, the company received an $85 billion federal bailout when its possible bankruptcy threatened to further undermine the teetering economy. Two months later, after an intensive lobbying effort involving the Treasury Department and Federal Reserve, terms of that financial rescue were enhanced and the amount of federal money involved swelled to $150 billion.

Details of the bailout have been negotiated primarily by the Treasury Department and Federal Reserve. Mr. Rangel’s aides have said he played no role in the bargaining. Democratic Congressional leaders who have been consulted by the Treasury Department about how much government assistance A.I.G. should receive and how the bailout should be structured said the congressman’s aides were correct.

“To say that Chairman Rangel has had minimal involvement in the bailout negotiations would be overstating things,” said Representative Barney Frank, Democrat of Massachusetts and chairman of the House Financial Services Committee.

Mr. Greenberg, who has clashed publicly and in lawsuits with the executives who succeeded him after he was forced out of A.I.G. in 2005, has been highly visible as the company’s problems have made it a ward of the federal government.

Mr. Greenberg has not returned repeated telephone calls over the past month requesting an interview about his dealings with Mr. Rangel and his donation to C.C.N.Y. A spokesman for C. V. Starr, the investment fund headed by Mr. Greenberg, said last week that Mr. Greenberg was out of the country and could not be reached.

Mr. Rangel’s spokesman on the Ways and Means Committee declined to say whether the congressman had spoken with Mr. Greenberg about his strategy to persuade federal officials to revise the tax-funded rescue plan, but said in an e-mail message, “The bailout appears to have done nothing to benefit Mr. Greenberg as a shareholder, with the value of A.I.G. stock dropping from $60 at the beginning of the year to $1.50 a share.”

At a news conference last summer, Mr. Rangel said that he and Mr. Greenberg had forged a friendship based on their service in the Korean War, during which both men were awarded a Bronze Star for valor.

So in July 2006, when Mr. Rangel wrote to 100 philanthropic organizations seeking support for the C.C.N.Y. project, one was sent to an administrator at the Starr Foundation, where Mr. Greenberg serves as the chairman. The foundation did not make a donation in 2006, according to C.C.N.Y. officials. In March 2007, two months after Mr. Rangel had been elevated to Ways and Means chairman, he wrote a letter directly to Mr. Greenberg, using his Congressional stationery.

By the end of the year, Mr. Greenberg had pledged $5 million, by far the largest contribution to a project that has raised $11 million to date.

Ms. Mays said the Starr Foundation had a “well-established record of charitable giving,” and was “a logical potential source of funding for C.C.N.Y.”

In 2008, Mr. Rangel participated in a meeting with officials at A.I.G., to ask for their support. Mr. Norton, the A.I.G. spokesman, said that the purpose of the meeting was to ask whether A.I.G. would make a financial contribution to C.C.N.Y., although he did not know whether a specific dollar figure was discussed. Mr. Rangel and the C.C.N.Y. officials left the meeting without a commitment.

But several weeks later, in a letter dated May 13, Edward T. Cloonan, the highest-ranking A.I.G. official who attended the fund-raising meeting with Mr. Rangel, wrote to the congressman asking him to support the extension of a tax provision designed to help American-based multinational companies lower their obligation to the I.R.S., which was set to expire. Mr. Rangel, who had announced plans to add an array of “tax extenders” to an energy bill he was preparing to introduce that month, opposed extending the specific measure Mr. Cloonan and A.I.G. were lobbying for.

The measure, known as the “subpart F active financing exception,” would benefit a broad coalition of American companies, including hundreds of financial services firms, and according to estimates by the nonpartisan Joint Taxation Committee would cost the Treasury $3.97 billion in revenue in 2009 and 2010. A.I.G., which Congressional records indicate spent more than $9.5 million on lobbying in 2008, had its own lobbyists and three outside firms pushing to extend the measure.

By early May 2008, concern about the damage that American businesses would suffer if the tax break was allowed to expire had grown so great that Democrats on the Ways and Means Committee held two meetings to ask Mr. Rangel to extend it.

Representative Joseph Crowley, a Democrat from Queens, said he pressed the issue because it helped Citigroup, a major employer in his district. At least two committee caucus meetings to discuss many aspects of the legislation followed — on May 7 and May 13 — and Mr. Rangel relented, Mr. Crowley said, and agreed to extend the measure for one year.

“While Chairman Rangel opposed extending the provision this year, a majority of the Democrats on the Ways and Means Committee supported doing so and the chairman listened to his membership,” Congressman Crowley said in an e-mailed statement.

On the date of the second caucus meeting, Mr. Cloonan wrote to Mr. Rangel, according to Mr. Norton. “We urge the Ways and Means Committee to include the tax provision commonly known as subpart F exception for active financing income in the current round of tax extenders legislation,” the letter said, according Mr. Norton.

Mr. Crowley’s spokeswoman said the congressman was unaware A.I.G. had written Mr. Rangel about the matter and had thought that “due to other distractions, A.I.G. was not active in lobbying the issue.”

The spokeswoman, Angela Barranco, in a statement Friday, said Mr. Rangel had changed his mind after the May 7 meeting. Mr. Rangel’s aides say that a document dated May 12 from the nonpartisan joint committee on taxation indicated that he had signed off on the provision.

Mr. Rangel included the provision in the Renewable Energy and Job Creation Act of 2008, which was introduced on May 14 and which passed the House a week later, then stalled in the Senate over the summer.

But in September, after the House of Representatives rejected the first attempt to pass a $700 billion bill intended to stave off the collapse of the banking system, leaders in the Senate revived Mr. Rangel’s bill as part of a compromise that won approval in both houses.

“There is simply no connection between Chairman Rangel’s advocacy on behalf of an educational institution in his district and legislation affecting A.I.G.,” Ms. Mays said.

CNBC’s Rick Santelli this morning at the Chicago Mercantile Exchange

With tongue only partially in cheek, a CNBC analyst on the floor of the Chicago Mercantile Exchange this morning responded to President Obama’s proposed $275 billion deficit-financed homeowner bailout plan and other massive spending measures with a call for a new “tea party.”

Rick Santelli, in a nearly three-minute rant that drew approving hoots and comments from nearby traders, said the Obama administration’s promotion of bad behavior must be causing the founding fathers to roll over in their graves.

“We’re thinking of having a ChicagoTea Party in July,” Santelli told CNBC “Squawk Box” co-anchor Joe Kernan. “All you capitalists who want to show up at Lake Michigan, I’m going to start organizing.”

CNBC posted on its website video of Santelli’s rant, which some viewers already are comparing to the well-known scene from the movie “Network” in which character Howard Beale stands up in the middle of his newscast and declares, “I’m as mad as hell, and I’m not going to take this anymore!” 

“I have an idea – you know, the new administration is big on computers and technology,” Santelli said sarcastically. “How about this president and new administration, why don’t you put up a website to have people vote on the Internet as a referendum to see if we really want to subsidize the losers’ mortgages or would we like to at least buy cars and buy houses in foreclosure and give them to people that might have a chance to actually prosper down the road and reward people that could carry the water instead of drink the water.”

An unidentified trader on the floor near Santelli shouted out, “Hey Rick, that’s a novel idea.”

Co-anchor Kernan tried to humor Santelli, responding to the support from the traders by interjecting, “They’re like putty in your hands.”

“No they’re not, Joe, they’re not like putty in our hands. This is America.”

CNBC’s Rick Santelli addresses traders this morning at the Chicago Mercantie Exchange

Santelli then turned his back to the camera and dramatically asked the traders on the floor, “How many of you people want to pay for your neighbor’s mortgage that has an extra bathroom and can’t pay their bills? Raise (your) hand.”

A large moan went up from the floor as none of the traders appeared to raise their hands.

“President Obama, are you listening?” Santelli asked to the camera.

The unidentified trader to Santelli’s right then leaned into the analyst and said loud enough to be picked up on microphone, “How ’bout we all stop paying our mortgages. It’s a moral hazard.”

Kernan then said, “This is like mob rule here. I’m getting scared.”

“Don’t get scared, Joe,” Santelli responded. “Cuba used to have mansions and a relatively decent economy. They moved from the individual to the collective, now they’re driving ‘54 Chevys, maybe the last great car to come out of Detroit.”

After an exchange with another guest, Santelli returned at the end of the segment, referring to the traders as a “pretty good statistical cross-section of America, the silent majority.”

“Not-so-silent majority,” said co-anchor Becky Quick.

Quick asked Santelli if the traders were opposed to other economic measures from the Obama administration, including the newly approved $787 billion stimulus plan.

“They’re pretty much of the notion that you can’t buy your way into prosperity,” he replied. “And if the multiplier that all of these Washington economists are selling us is … that we never have to worry about the economy again, the government should spend a trillion dollars an hour, because we’ll get 1.5 trillion back.

CNBC panelist Wilbur Ross, chairman and CEO of WL Ross & Co., interjected, “Rick, I congratulate you on your new incarnation as a revolutionary leader.”

“Somebody needs one,” Santelli responded. “I’ll tell you what, if you read our founding fathers, people like Benjamin Franklin and Jefferson, what we’re doing in this country now is making them roll over in their graves.”

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

 Rick:

If you think the Government coming in and taking more “Income Taxes” and Payroll taxes out of our paychecks for only $275 BILLION for other peoples mortgages is going to be bad, what do you think it is going to be like to pay for $90 TRILLION in UNFUNDED Government LIABILITIES, over the infinite horizon, for Social Security and Medicare ALONE?  $275 BILLION is nothing more than chump change.  Just to pay for Social Security and Medicare alone will take at least 80% of every working person’s earnings.

Let’s don the head dresses, put on the war paint, and launch the canoes, Mr. Santelli!  We are getting a mighty hankering for that Tea Party here under The Liberty Tree!

P.S.:  I’ve been warming a pot of tar for the occasion.  Oh, I’ll bring some Turkey feathers after the Wisconsin Spring hunt.  We have over $5 BILLION Dollars worth of (debt) Turkeys in our State too.  Plenty of gobblers to go around.  Plenty of State feathers and Federal tar for lots of ornaments to Trim the Liberty Tree with.  We’ll supply the lanterns and perhaps even a few ropes with nooses.

Hear,,, Hear!   Aye, Capt. Karl and the rest of The Sons of Liberty here under The Liberty Tree  raise a TOAST to our honorable patriot, the noble Mr. Rick Santelli ! ! ! ! !   MAY    GOD   BLESS   YOU  SIR!

And, if you do have that “Chicago Tea Party”, at the lake front, please let us know.  You can count on us to be there, sir!  For our group knows where the bill is coming for B.O.s BAILOUT Socialist/Communist NATION, just as happened to the people of Cuba as you stated.

Well our U.S. Government feels that the UAW is too BIG to fail.  Those wages and benefits are making our big three automakers non-competitive and their vehicles too expense to purchase for the average American (imagine that!).  Fox News had Mark McKinnen of the Workforce Fairness Institute; he reported that UAW health care insurance ALONE adds $1,600.00 PER VEHICLE!  So what our Government is doing right now is giving GM and Chrysler another 22 BILLION Dollars from our future paychecks to cover the $154.00 for the AVERAGE auto worker because these huge corporations can’t afford to pay these costs themselves anymore.  But we, the average working American, we can afford it.  Just take it right out of our paychecks.  That’s just great!  Isn’t that special?

Can somebody tell me why the Government is going to be dipping into our paycheck to pay these UAW yahoos and allow them to have Cadillac health care insurance and king’s ransom pensions that we can’t even “dream” about?  What the hell is going on here with our U.S. Congress and our Government?  Are they completely nuts?  What gives the U.S. Government the right to force us, at the end of an (IRS) Agent of “The Matrix” gun, to steal our money, out from our paychecks and give it to a guy who makes ONE HUNDRED FIFTY FOUR DOLLARS per HOUR! ? ? ? ? ? ?

Someday, in the very near future, you are all going to understand why direct taxes can only be legal, according to The Constitution, if they are “APPORTIONED”…  When the “Matrix” Agents of the IRS comes to collect 80% of every-body’s earnings, except officials that work for the Government and Federal Reserve “System” officials and cronies of these two BIG entities, then the light will dawn on everybody why the Federal Government is only allowed BY LAW, as written in The Constitution, to do only a small “ENUMERATED” number of things and NOTHING ELSE.  We are all going to be paying for that education DEARLY!  Mark my words… 

In the meantime a big part of my paycheck is going to go to a “Union” guy who makes $154.00/hour! ? ? ? ? ?  Oh, and I almost forgot, here you go,,,  Did you know that the UAW has their own Golf Course in Michigan on which they are losing $23 Million Dollars.  Isn’t that special?  We taxpayers have to bailout their private Golf Course, don’t ya think!  I believe this little diddy was probably in the porkulus bill.  No problem, just put it on the tab / stub of our paychecks under “Federal Withholding”.  We American workers can afford it, just take it right off of our checks!

Excuse me.  I’m going to Menards to buy a big propane Tar heater…  And, I’m going to make sure I have enough shells for my Spring Turkey hunt…   (I have this craving to collect Turkey feathers, a lot of feathers. Anybody else coming along?)  I’ll be right back…

After the last multi-BILLION Dollar robbery of your earnings, these Automakers, announced this morning, and UAW are after another 22 BILLION!  How many more times are we going to let them dive into our future earnings? 

And, they are going to be back for more because the so called “legacy costs”, a sort of “entitlement” program within the BIG THREE Auto Companies are so expensive that these companies can not possibly be competitive with other auto companies.  Not only that but to buy a nice car you are looking at $30,000.00 to $45,000.00.  Isn’t that insane in itself?  Why are we going to allow the UAW to support their addiction to high wages and over the top benefits to be paid directly out of our future paychecks, when we don’t even get such pay, insurance, other incredible benefits, or king’s ransom pension programs.  In 2005 GM’s  unfunded corporate liability for the King’s Level pension program for all UAW workers was OVER TEN BILLION DOLLARS.  Today it may be three times as much due to all of the additional retiring and the ravenousneeds of such opulent program.   Why are we allowing our U.S. Government to take this money right out of our NEAR-future paychecks?  We need to get our heads examined.  WHAT ARE YOU GOING TO DO ABOUT THIS?

Why should Government have the right to take our earnings, right out of our paychecks in the form of all sorts of withholding and “payroll taxes” (which almost nobody understands that the part that companies kick into the taxes is actually coming out of the employees earnings in the form of a HIDDEN tax that almost NONE OF YOU REALIZE.  You see, if your employer wasn’t taking this money and sending it to the Government, you would be getting it.  This would be a huge raise to you of over 7% per paycheck.  AND YOU DO NOT AND HAVE NOT EVER REALIZED THIS FACT!  You need to understand that the Government is stealing twice the money out of each paycheck, than you have realized, in a HIDDEN TAX called “employer payroll taxes”.  Man are we gullible or what.  Do you have ANY Idea how much more money you would have if your Government OBEYED THE LAW in the Constitution?

So bend over and grab your knees you average working American, because the UAW, Big Corporations, Big huge Banks, and SUPER humongous BIG GOVERNMENT are sending “The Matrix” (IRS) Agents to take at least 80% of EVERY BODY’S paycheck in the form of “Federal Withholding”, Payroll taxes, FICA (Social Security taxes), MEDICARE taxes, none of which will go to benefit or help you or our families personally, but which will be taken from you and given to these HUGE entities, that are “too BIG to fail”, and as SOCIALIST domestic spending “TRANSFER” programs to take from all of us and give to others, who THE GOVERNMENT and THE FEDERAL RESERVE “SYSTEM” who controls our Government through controlling the money, deem worthy.

Socialism, which what is happening, where Government takes from everybody’s paycheck to disburse all earnings as they see fit , is where this is going.  This will result in the EQUAL DISTRIBUTION OF MISERY IN POVERTY where everybody but the Corporate and Banker cronies of the U.S. Government and THE FEDERAL RESERVE and officials of The Government are “allowed” to “get ahead” and become prosperous.

How long are you the average producer / worker going to take them spending your earnings?  Why can’t you, as per the LAW in The Constitution, keep your earnings?  The Constitution states that all direct taxes shall be “apportioned”.  According to a number of Supreme Court cases the 16th Amendment DID NOT alter who was nor who wasn’t taxable with regard to the apportionment clause.  Additionally there is comprehensive proof that the 16th Amendment, in any case,  wasn’t even ratified. See: IRS Special Agent finds Federal Income Tax a HUGE FRAUD!  , Truth in Taxation Hearings – Income Taxes Not to Be Paid? , IRS and Judge Refuse to Show Income Tax Law , Government Corruption Rampant. Cheating Americans For Decades , and Ron Paul on CNBC 2004 – UnConstitutional Income Tax.

Look at how happy they are to steal your earnings from your paycheck and spend it on whatever they want! Isn't that special?

 How long are we going to let the tyrants in the U.S. Congress get away with spending our earnings?   Are we going to let them spend our earnings until we can’t afford to pay for basic living costs anymore?  How can the U.S. Government steal money out of all of our paychecks, at the end of and IRS Agent’s gun, and force us to give OUR EARNINGS to other people, without us having the right to say yes or no or even who will get our money?

Some of us wouldn’t, of our free will,  give our money to huge banking companies too numerous to list here, but you can see the list here: Database: Banks Receiving TARP Funds, but of course Congressman Charles Rangel (D-NY) really appreciates taking your earnings and giving it to the Big Bankers in the form of the TARP.  See: Congressman Charlie Rangel Takes “Junket” to Caribbean on Bailout  Isn’t that special?

 Some of us wouldn’t volunteer to give our money to huge corporations like AIG, GM, Chrysler, etc., etc., etc.

Some of us would rather take the money that is stolen out of our paychecks, and given to whomever the Government wants, and either use it to take care of ourselves and our family or give it to our “personal” friends, neighbors, or intra-congregational destitution amongst our local Church members, than have Government give our money to whomever.  How dare the Government, steal our money, right out of our paychecks and then have the gull to give it to whoever they want?  Who the hell does Charlie Rangel, Nancy Pelosi, Barack Obama, Harry Reid, Henry Waxmanand all the rest of their ilk, think they are that they can steal our future money and do whatever they want with it?  Are they going to start to send “The Matrix” Agents of the IRS to come to make “examples” out of us when we stop allowing our employers to withhold our earnings?

But of course Senate Majority Leader Harry Reid (D-NV) stated publicly that Income Taxes are voluntary.  No Senator, especially the Democratic Leader of The Senate,  in the U.S. Congress would lie would they?  (Does a bear shit in the woods?)  You can see and hear him for yourself here: Senate Majority Leader Harry Reid (D-NV) States Income Tax Voluntary

If you don’t want the U.S. Congress to take at least 80% of your weekly paycheck in the form of all sorts of withholding taxes, then what are you going to do about it?  I sure to God hope you are not so nieve as to think that you don’t individually have several alternatives to action to do something to help in the cause of freedom and to protect your earnings, personal property and your rights.  You have all sorts of options on what you can do “personally”.  But first you have to believe in yourself and that you can.  CAN  WE  DO  IT?    YES  WE  CAN! ! ! !    Read the rest of this blog for numerous things you can personally due to protect your rights, liberty and have the ability to climb out of this SOCIALIST/FASCIST scum “Matrix” (Our economy that only exists in our minds) that has imprisoned us, a prison for our minds.  An economic  prison of the mind, programmed by “The Fed” and the U.S. Government, that destroys our rights and our liberty, from which we must break free to restore our personal, individual wealth; but this time “for real”, with real money and hard assets.

How many more times are we going to let these huge Automakers and the UAW, cronies of the U.S. Government and “The Federal Reserve” company, to steal our earnings right out of our paychecks? You have to stand up for yourself and DO SOMETHING!  Protect yourselves from these tyrants and despots!

Charlie Rangel Takes an All-Expenses Paid Trip to the Caribbean on CitiBank’s dime… After Voting for Their Bailout

I don’t know about you but I’ve had it with all this corruption. It’s time to tar and feather all politicians! Every stinking one of them!

 

‘Shameful’: Big shots on Wall Street, in Congress still don’t get it

 

Congressman Charles Rangel (D-NY) loves and "enjoys" TARP Bailouts!

 

 

 

 

 

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New York’s Charles Rangel and five other Democratic members of the House enjoyed a trip to the Caribbean sponsored in part by Citigroup (see above) in November – after Congress had approved the $700 bailout for financial firms (including Citigroup).

The members no doubt will object to the terms “junket,” but that shoe fits. The National Legal and Policy Center, a watchdog group, has asked Neil Barofsky, the special inspector general for the Troubled Asset Relief Program (TARP) to investigate the Nov. 6-9 excursion to the island of St. Maarten.

It was called the Caribbean Multi-Cultural Business Conference, but “the primary purpose … for most participants appeared to be to take a vacation,” said the NLPC. And not only was the timing lousy, but “corporate sponsorship of such an event was banned by House rules adopted on March 1, 2007, in response to the (lobbyist Jack) Abramoff scandal,” the group pointed out.

Joining Rangel on that trip were Donald Payne of New Jersey, Sheila Jackson-Lee of Texas, Carolyn Cheeks Kilpatrick of Michigan, Bennie Thompson of Mississippi and Donna Christenson, delegate from the U.S. Virgin Islands.

If they haven’t already, they should reimburse the taxpayers for all expenses related to that trip – and from their own funds, not from another taxpayer pocket.

President Obama’s first moves earned him triumphant headlines: “Obama freezes pay, toughens ethics and lobbying rules” and “Obama sets new course.”

         Tim Geithner, Barack Obama, Joseph Biden.

What do you call a person who stands up in front of national TV and declares “A new course” and “no lobbyists” need apply and then in less than two weeks Miss Rachel Maddow, a liberal talk-show host for MSNBC on January 30th finds it necessary to blast Mr. Obama for having former lobbyists in his administration, saying that his campaign-trail promise that lobbyists would not run his White House “sounded great” but she now finds that it isn’t true.

Melanie Sloan, executive director of Citizens for Responsibility and Ethics in Washington, ripped into the new administration for bending the lobbying rules.  “He got the good headlines, and their intentions were really good, but carving out so many exceptions is silly. They should stop pretending they are following the rule when they are not,” she said. “They say they have a policy of no lobbyists, and yet every day we hear about a new lobbyist.”

The Washington Times reports that nearly two dozen executive branch hires, all the way up to Cabinet level, have been registered federal lobbyists,with the most-prominent being Agriculture Secretary Tom Vilsack and William Lynn, the No. 2 man at the Pentagon.

When confronted with new Middle East envoy George J. Mitchells’s affiliation with a firm that had extensive lobbying clients throughout the Middle East, Mr. Gibbs demurred. “I hate to be ticky-tack about it, but technically, he’s not lobbying,” he said. “He wasn’t a lobbyist he wasn’t registered to lobby, and if you’re not registered to lobby, you can’t be a lobbyist.”  - -  Give me a break, holy B.S.!

The Obama administration also took heat when Treasury Secretary Timothy Geithner named former Goldman Sachs lobbyist Mark Patterson as his chief of staff, despite imposing at virtually the same time tough new Treasury rules limiting contacts with lobbyists.  - -  Oh,,, My,,, God!  Talk about the fox guarding the taxpayer hen house!  This is utter insanity!

And, all of these patented lies within only a couple weeks of President Obama being inaugurated.  Obama lied, even the highest cherished liberals cried.  Is this the change we can count on?  And, this is just the “warm-up” of things to come with the anointed one.

Imagine the damage the den of foxes and thieves can do in The Treasury with the BIG BANKER president of The Federal Reserve Bank of New York, Tim Geithner, and his minion from Goldman Sachs, Mark Patterson, to our money!  It’ll be like taking Sachs of Gold,,, Man, from babies!  Wow, our income tax money is in good (fox) paws now!  Now they can help themselves to even more of our earnings to give to their Big Banking and Big Business Corporate buddies/cronies!   

And, all the while both houses of The U.S. Congress do nothing to stop these outrageous heinous insanities perpetrated upon America.    Isn’t that special? 

How long are we going to accept this madness?  How long is it going to be before you, reading this, decides to do something about this?  What can you do, you ask?  Read other articles in this blog for all sorts of ways to do something.  But first you need to believe in yourself that you can make a difference.  CAN  WE  DO  IT?    YES  WE  CAN ! ! ! ! !

Ready to grab a pitchfork and follow me to Washington D.C. yet?

How can any of us trust a bunch of scoundrels and despots that steal our money, daily, right in front of us on the TV screens and as heard on radio, to the tune of TRILLIONS of dollars of OURS, that they are going to be taking out of our paychecks through “withholding” taxes and payroll taxes in the near future, certainly less than  three years, to pay to huge banks, huge corporations and huge executive bonuses.  I just do not understand why you trust these megalomaniacs?  Why do you listen to them?  Can’t you see, hear and think for yourselves?