Michael Nystrom's blog
The latest news from the Iraq War front is that the "Iraq War Czar" says it is time to reconsider the draft.
Much has been made about how Hardball had reset the vote count on its video ad contest. Many people wrote MSNBC to complain, and IT WORKED! MSNBC restored Ron Paul's two videos to the top spots!
The price of freedom is eternal vigilance. Thank you everyone for remaining on guard in this dark hour. We are turning the tide.
by Clarance Page
August 8, 2007
Of all the interesting little fish swimming beneath the currents of the major candidates in this presidential campaign season, none is making waves as surprising as those kicked up by Rep. Ron Paul.
The Texas Republican, who embraces a libertarian point of view, has been riding an unimpressive 2 percent in the polls, but if the presidential election were held in cyberspace, Paul would probably win hands down.
Paul's supporters flood online polls, such as the unscientific survey ABC News invited viewers to join after the Republican debate last Sunday. Yet, you could barely find the Texas doctor in the network's after-debate coverage, despite the vigorous applause he ignited with his call for an immediate withdrawal from Iraq.
Well worth reading IMHO, though his language is a little strong and my not appeal to all. Here is an excerpt that is in line with Dr. Paul's position which he has stated many times (that China is paying for our wars):
The precarious position of the US dollar as reserve currency has been thoroughly ignored and denied. The delusion that the US is â€œthe worldâ€™s sole superpower,â€ whose currency is desirable regardless of its excess supply, reflects American hubris, not reality. This hubris is so extreme that only 6 weeks ago McKinsey Global Institute published a study that concluded that even a doubling of the US current account deficit to $1.6 trillion would pose no problem.
Strategic thinkers, if any remain who have not been purged by neocons, will quickly conclude that Chinaâ€™s power over the value of the dollar and US interest rates also gives China power over US foreign policy. The US was able to attack Afghanistan and Iraq only because China provided the largest part of the financing for Bushâ€™s wars.
If China ceased to buy US Treasuries, Bushâ€™s wars would end. The savings rate of US consumers is essentially zero, and several million are afflicted with mortgages that they cannot afford. With Bushâ€™s budget in deficit and with no room in the US consumerâ€™s budget for a tax increase, Bushâ€™s wars can only be financed by foreigners.
No country on earth, except for Israel, supports the Bush regimesâ€™ desire to attack Iran. It is Chinaâ€™s decision whether it calls in the US ambassador, and delivers the message that there will be no attack on Iran or further war unless the US is prepared to buy back $900 billion in US Treasury bonds and other dollar assets.
After attending Friday's rally in Marshall for presidential candidate U.S. Rep. Ron Paul, R-Texas, with approximately 1,000 others, I eagerly awaited reading about the event in Saturday's Trib. I must say that I was very disappointed to find no mention of it in the paper.
Originally published at Bull! Not bull
by Michael Nystrom, MBA
August 7, 2007
Today, all eyes were on the Federal Reserve: How it would respond to the recent turmoil in global financial markets? Would it lower rates, and if so, would it do any good?
By the time you read this, the Fed's decision - made in secret - will have already been announced. Hundreds of news articles and blogs will argue over its wording and meaning. Was it dovish or hawkish? Discussed ad nauseam will be: what the policy statement does or does not clarify, what it leaves room for in the future, what it means for the economy, housing, jobs, and the prospects for recession or recovery.
What will not be discussed is the powerful role played by central banks themselves.
Central Banks = Centralized Economic Planning
If you thought that centralized economic planning disappeared with the fall of the Berlin wall in 1989, think again. Eight times each year, a group of twelve men meet to make secret decisions that have a profound impact on the US and global economies. None of these men are elected. Their meetings are closed to the public. Even members of the US Congress and the Senate Banking and Finance Committees are barred from attending, or even knowing what is discussed. No detailed account of arguments or discussions is ever made public. Listen to Congressman Ron Paul on the secrecy of the Fed:
Michael G. Franklin writes: I wrote this poem the day after Thanksgiving in Groton, CT while visiting my son and his wife. Please use it with my blessing.
The Building Blocks of Freedom
by Michael G. Franklin
To the land of our forefathers we came to see
What they used to build the Home of the Free.
New London, New Haven, New York and the rest
Gave us a hint of what they did best
To give us a home
Where all can come.
From the Lady in the Harbor to Bunker Hill
We found tributes to their Iron Will.
And we found their materials were not stone and wood
But more permanent ones for the common good.
Liberty, Justice and God-given rights
Were the things on which they set their sights.
Thanks to Wesley for sending this along:
Just listen to the size of that crowd!
MirekChicago sent this last minute notice along:
The following message is from group member Fred Smart. Please note that he will be hosting a meeting in Evanston, IL TODAY (Monday, Aug. 6) at 6:30 PM.
Dear Friends of Freedom:
If you live in the Chicago area and support Ron Paul I would like to urge you to come to a meeting today in Evanston at Pick A Cup Coffeehouse 1813 Dempster Street beginning at 6:30 pm.
At first I thought this was funny...then I realized the awful truth of it. Be sure to read all the way to the end!
The Tax Poem
Tax his land,
Tax his bed,
Tax the table
At which he's fed.
Tax his tractor,
Tax his mule,
Teach him taxes
Are the rule.
Tax his cow,
Tax his goat,
Tax his pants,
Tax his coat.
Tax his ties,
Tax his shirt,
Tax his work,
Tax his dirt.