Fire Bernanke! Libertarians, Socialists and Liberals Unite!
Dec 4, 2009 Federal Reserve, Libertarianism
Bernie Sanders is once again on the right side. I am not a socialist and I do not agree with most any form of government, but there is a great deal of good to be said about this self proclaimed socialist. Bernie Sanders has a defined political stance and he sticks to it. He sticks to it for what he sees as the benefit of us citizens. Ben Bernanke is up for a another term as chairman of the FED, and after all he has pulled I think congress is so vile and corrupt that this man will be placed back in the FED.
Update 12/07/09
Liberty Maven put up a post here pointing out that Bernie Sanders has a petition out to get rid of Bernanke. Please check out his post and go here to sign the petition.
Update
It looks as if Republican Senators Vitter, Bunning and DeMint have all placed holds on Bernanke.
Urgent Action needed to save H.R. 1207
Nov 3, 2009 Anti-State, Corporatism, Federal Reserve, Libertarianism, Police State, PunkJohnnyCash Blog, Senate
I received this in my in box from Audit The Fed .com and I thought it would be good to put this out there and pass it around so here it goes:
Urgent Action Needed
Dear Supporter of Transparency,
You and I face our biggest challenge yet.
Mel Watt (D-NC), Chairman of the Monetary Policy Subcommittee, has sided with Fed and is working to gut substantial audit provisions from HR 1207. The bill Congressman Watt has sent to the full Financial Services Committee contains no audit of the Fed’s monetary policy-making authority or transparency of the Fed’s secret agreements with foreign central banks.
Without these provisions, a so-called “audit” of the Fed would be worthless.
Health Care “Reform”
Oct 28, 2009 Anti-State, Federal Reserve, Gonzo, Libertarianism, Trey's Blog
Written by Trey Sellers
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The health care debate is still in full force, and while there is strong support and opposition to the reform being proposed in Washington, we can all agree that health care costs are a burden on a large portion of American families. The important point to realize, though, is that the legislation being proposed is simply more of the same, an expansion of the status quo. The health care industry is rife with government intervention in the form of subsidies and over-bearing regulation, so it’s hard to understand how the proposed legislation, which calls for an enormous amplification of that intervention, can be heralded as “reform” or “change”. Ten years down the road, when health care costs continue to spiral out of control, health care “reform” supporters will be scratching their heads, wondering why their solution didn’t work, and pounding the table for the government to come to the rescue.
Inflation is Theft (and you are getting ripped off)
Oct 7, 2009 Corporatism, Federal Reserve, Gonzo, Libertarianism, Politics, Trey's Blog
Written by Trey Sellers
Over the past century, inflation has taken root in peoples’ minds as an inevitable fact of life. Inflation is seen as a monetary phenomenon that must be kept in check and controlled as part of managing the economy, a task that should be left to the experts. This fallacy is perpetuated by a barrage of propaganda that emanates from governments and central banks in an incessant attempt to conceal what is really going on. In reality, inflation is deliberately created as a means to siphon off the wealth of the populace to the benefit of those in power.
A Libertarian Perspective on Capitalism A Love Story
Oct 5, 2009 Corporatism, Federal Reserve, Libertarianism, Politics, Senate
Capitalism: A Love Story is a well made film which brings up many wonderful points and injustices in our society. It approaches each of these by showing the tragedies and not really addressing root causes. It makes some wonderful arguments against many things we free market capitalists have been trying to bring to the attention of the main stream for decades, but then turns around and calls those things capitalism. It is only fair to tell you going into this that I am a libertarian minded supporter of the school of Austrian economics which makes me extremely pro-capitalist.
Moore starts the film with a rendition of Louie Louie that bashes on Capitalism and shows low quality footage of bank robberies in his attempt to paint what he calls capitalism as this violent act of force against the people. Herein lies the initial most constant flaw of the film. Speak to just about any libertarian minded capitalist and they will tell you they believe in a free market system, but one of the largest things they will oppose is committing acts 0f force or fraud. This is what Michael Moore spends the film focusing on, acts of force and fraud. Much of his argument relied on classic complaints of free market advocates, only now decades after these free market advocates spoke out against these injustices in support of a free market system Mr. Moore decides to listen to our complaints and label all of them with this vague term “Capitalism”.
Federal Reserve Hearing & Gonzo Times New Contributor
Sep 30, 2009 Corporatism, Current, Federal Reserve, Politics, PunkJohnnyCash Blog
We have a new writer and his first piece is up. You really have to check out Trey’s article he posted today on Gonzo Times. It is wonderful. I was impressed and loved it. I’m really proud to say he is working with us on Gonzo Times. Check out America The Junkie, if you haven’t and leave a reply. Give him a word of encouragement.
We will be posting bios of the contributors soon.
America the Junkie
Sep 30, 2009 Corporatism, Federal Reserve, Gonzo, Politics, Trey's Blog
Written by Trey Sellers
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America suffers from a severe addiction to a drug called Easy Money. It can be smoked, snorted, or directly injected into the veins of the economy, but the effect is the same: an artificial high that feels great, promotes over-indulgence, and perverts our sense of risk. As with any narcotic, though, the artificial high is followed by an all-too-real low, exhibited by pain and suffering. Over time, more and more of the Easy Money drug is needed to reproduce the same highs and prevent the lows that follow, until we ingest more than we can handle. Right now, the economy is overdosing on Easy Money, and the prognosis does not look good.
McCaskill & The Federal Reserve
Sep 9, 2009 Federal Reserve, Politics, Senate
I recently wrote McCaskill about the Federal Reserve. She always responds at least with a mass mailer, and that is what I got today in my e-mail. I thought I would post the letter for all to read here:
September 9, 2009
Dear Mr. PunkJohnnyCash
Thank you for contacting me regarding the Federal Reserve (Fed). I appreciate hearing from you, and I welcome the chance to respond.
As you know, the Federal Reserve has been active in U.S. monetary policy and bank regulation since it was established in 1913. Its decisions regarding interest rates have a significant impact on inflation, growth, and other aspects of the economy.
Recently, the Federal Reserve’s emergency powers, enumerated in the Federal Reserve Act, to lend in “unusual and exigent circumstances,” have caused some concern. The Fed has taken several actions, such as issuing guarantees on short term corporate debt (also known as “commercial paper”), providing inter-bank loans, and further providing a substantial amount of credit to institutions like AIG that are in danger of failing.
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Federal Reserve Banking, Ron Paul, & Murray N. Rothbard
Sep 4, 2009 Corporatism, Federal Reserve, Libertarianism, Politics, video
Ron Paul on Federal Reserve Banking
