Saturday, June 30, 2012

Supreme Court Rules - Americans Have No Rights

The Supreme Court officially weighed in on friday, okaying the jackboot of fascism to crush your throat at the whim of  your democratically "elected" government. This is what the ObamaCare decision will mean to you and your family. Officially, the Supreme Court has ruled that any idea, no matter how moronic, that comes out of Congress will immediately be upheld as law by the Supreme Court. Any last inkling that you have a right to personal property, to protect your family or loved ones or have a right to dissent have now officially been dissolved. I understand that you don't believe me and still think that the government will be there to "right the wrongs" and "protect the innocent," but you would be sooo wrong. ObamaCare is another clanging klaxon warning the sleeping American people that their rights are being whittled away. Yet, We Americans sleep, oblivious to the dangerous changes happening in front of us - our eyes wide open - yet not seeing or understanding what we have lost.

Below is an article that might help you understand what happened with the Supreme Court ruling on ObamaCare and how the court is just another political arm of the rapidly expanding totalitarianism
that is crushing the last of your freedoms.

The Supreme Court and Natural Law

by James E. Miller

Ludwig Von Mises Institute of Canada


I won a bet today.
A few weeks ago I wagered with a coworker that the United States Supreme Court would uphold the Affordable Care Act otherwise known as Obamacare.  He reasoned that the federal government has no authority under the Constitution to force an individual to purchase a product from a private company.  My reasoning was much simpler.  Because the Supreme Court is a functioning arm of the state, it will do nothing to stunt Leviathan’s growth.  The fact that the Courtdeclared no federal law unconstitutional from 1937 to 1995—from the tail end of the New Deal through Lyndon Johnson’s Great Society—should have been proof enough.  He naively believed in the impartialness of politically-appointed judges.  For the first time he saw that those nine individuals are nothing more than politicians with an allegiance to state supremacy.
It was a tough but valuable lesson to learn.
As far as unintended effects are concerned, the economic justification for increased government regulation of the health care industry has been argued countless times up to this point.  Proponents of intervention are convinced that more bureaucracies, red tape, and central planning are the answer.  They have no knowledge of the pricing system and how it functions as the most efficient means through which consumers and producers can interact to come to an agreeable deal.  They don’t realize that the undersupply of doctors and care providers is a direct consequence of previous government intervention and occupational licensing.  Many actually believe that Obamacare wasn’t written by the insurance industry and isn’t a fascist-like appeasement of another deep pocketed lobbying campaign.
Common sense economics tells us that Obamacare will only lead to further inefficiencies and rationing as decisions of care continue to be made by third parties.  Once fully enacted, doctor offices will likely start resembling that of the waiting area of your local Department of Motor Vehicles.
All that aside, the Supreme Court’s upholding of the Affordable Care Act should serve as an eye opener to those who still believe the state exists as a protector of property and defender of the rule of law.
In the present day, the vast number of edicts coming from Washington can hardly be characterized as laws.  “But wait,” you may ask, “when legislation is passed by Congress, signed by the President, and ultimately approved by the Supreme Court, isn’t it now considered the law of the land?”  While it is certainly true that whatever scheme envisioned by the political class can be enforced by the state’s monopoly on violence, such rules of governance are more often than not laws in the traditional sense.
Historically, what was known as private or natural law rested upon the rational deduction of a set of ethically-based norms.  These norms focused on acts considered morally wrong such as assault, murder, rape, and violations of property in general.  Such aggressions were seen by classical liberal thinkers as detrimental to social cooperation.  According to 20thcentury legal scholar Edwin Patterson, the concept of natural law evolved from
Principles of human conduct that are discoverable by “reason” from the basic inclinations of human nature, and that are absolute, immutable and of universal validity for all times and places. This is the basic conception of scholastic natural law . . . and most natural law philosophers.
Or as Murray Rothbard wrote in his book The Ethics of Liberty:
The natural law is, in essence, a profoundly “radical” ethic, for it holds the existing status quo, which might grossly violate natural law, up to the unsparing and unyielding light of reason. In the realm of politics or State action, the natural law presents man with a set of norms which may well be radically critical of existing positive law imposed by the State.
Positive law is the kind enacted by the state that bestows special privileges to specific individuals.  Whereas natural law is essentially negative in that it disallows for the violent treatment of others, state-sanctioned positive law is the granting of reward that is necessarily provided by confiscatory taxation or government coercion.
What the state, which is institutionalized predation and force, embodies is antithetical to natural law and the very belief that violence is morally repugnant.  To characterize the Supreme Court as some great upholder of the rule of law in spite of it being a pillar in the state apparatus is insulting to any decent person that has a basic understanding of justice.
In lieu of the upholding of the Affordable Care Act, it’s now worth asking what the U.S. government can’t do to Americans.  As of right now, a sitting president can call for theindefinite detainment and execution of both citizens and non citizens alike with no due process.  The band of thieves known as Congress can force the public to purchase a good or service and order its goons to read private communications without prior consent or knowledge.  The dollar is constantly inflated to the benefit of major financial institutions, thus destroying the purchasing power of the money Americans are forced into using.  The American people are no longer afforded their rights to their property, privacy, or own lives.  Those discretions are currently in the hands of the various marionettes of Washington.  Whether it is occupied by outright fascists or closet socialists, the state has no regard for liberty in its incremental quest for omnipotence.
Read the of the article here

Denninger On Capitol Account - Credit Illusions & Health Care Fiasco

John WIlliams of Shadowstats.com - Hyper-infaltion is Coming - Next Crash WIll Be WORSE Than 2008

Thursday, June 28, 2012

Biederman - What Happens When Euroland & America Collapse?

Farage Explains Euroland Failure And Euroland's Future As Third World Status

ObamaCare Costs Are Soaring! We ALL Lose Officially Tax Slaves!

From Ron Johnson at the Wall Street Journal Online..

Link:      http://tinyurl.com/6tutbh4


by Ron Johnson



One year after the passage of ObamaCare, this paper published an op-ed I wrote ("ObamaCare and Carey's Heart") about how America's health-care system saved my daughter's life, and describing how implementing this law will limit innovation, lead to rationing, and lower the quality of care. Now, two years out, I would like to focus on the budgetary disaster.
As a candidate, Barack Obama repeatedly claimed that his health-care plan would lower annual family health-insurance premiums by $2,500 before the end of his first term as president. But the Kaiser Family Foundation recently reported that the average family premium has increased $2,200 since the start of this administration.
Then there is the higher cost to taxpayers. The CBO's initial estimate in March 2010 of ObamaCare's budget impact showed it saving money, reducing the federal deficit by $143 billion in the first 10 years. But that positive estimate was largely the product of gimmicks inserted into the bill by Democratic leaders to hide the law's true cost.
Sure enough, the administration last October announced it would not implement one of those gimmicks, a long-term care program called the Class Act, because it was financially unworkable. The loss of the premiums that would be collected to finance the Class Act wiped out $70 billion of the supposed deficit reduction projected by CBO. And last month the administration's proposed fiscal 2013 budget included $111 billion in additional spending for the premium subsidies in the health law's insurance exchanges—further eroding any confidence in the original ObamaCare projections.
This would not be the first time a government program exceeded its projected cost. When Medicare was passed in 1965, for example, the federal government estimated it would cost $12 billion in 1990. Medicare actually cost $110 billion in 1990.
In the case of ObamaCare, one of the principal sources of the lowball estimate used to justify the law is related to the insurance exchanges. The CBO originally estimated that one million Americans would lose their employer-sponsored care and be forced into the exchanges.

ObamaCare - Wake UP! Costs will Go Up!

Supreme Court Upholds ObamaCare - As A TAX - More Lies From Politicians

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Tuesday, June 12, 2012

Paul Craig Roberts - Euroland is Nothing, US Is In A Dire Financial Situation

Spain Bailout Is Nothing But a Whole Lot Of Smoke. However, Where There Is Smoke...There Is Fire. Will Europe Burn?

More smoke and mirrors out of Euroland and their BS   EFSF bailout of Spain. Why isn't all well?
Euroland & Asia were up 2% overnight.  Well Wall Street sees what is happening and the Dow was
down 142.97 on monday.  Why do I make the claim that the Spain bailout is BS? Well....

Where is the money coming from?

The EFSF has about 200 billion euros of "pledges," not real capital, available as a firewall for  rescue of Euroland sovereigns. These pledges have come from the Euroland members, most of whom are broke! Spain, itself, has pledged 93 billion euros, Do you think they can bail themselves out?  What about Italy, they are the next sovereign inline in Euroland to default and they have pledged 139 billion euros to the EFSF fund.  Think they will throw those chips in the pot? I don't think so. And what happens when Italy defaults, and they will, the EFSF will be well beyond busted.  Think Germany wants to step into the void and add another 200 billion into the EFSF pot?

Do you really believe that Spain only needs $ 125 Billion in Euros?  HAH! Maybe 4, 5 or 10 times
that amount will be needed after Spaniards run to their banks and pull out all of the cash that they
can.  Can you say "bank runs?" Happened in Greece. Capitol fled and bank runs ensued.


What about Spanish bondholders?

They have been subordinated by the EFSF loans and will take a huge haircut like the Greek bond holders did earlier in the year. So you will see a huge rush to the exits in Spanish language bonds and
the purchase of Spanish bonds with a UK origin. That proved to be the safe place to be when the Greek language bonds disappeared.

What will the Italians do?  The Greeks, Irish & Belgians will want the same deal that Spain just got
and you have elections coming in Greece next week.

Who is next?  Looks like Italy is set to blow. Could be Cyprus or pick your favorite Eastern Euroland
wobbler.

So the real question is, when does Euroland (and the rest of the world)  realize that they have firmly struck the iceberg and the unsinkable ship known as EUROland starts quickly sinking?

All of that smoke they are blowing around Spain will be clearing in the next week or so and you will wake up and ...BOOM! Euroland won't be there anymore.

But they won't be able to contain the contagion in Euroland, and it IS coming here, there and everywhere.  Prepare yourselves my friends. Prepare, mentally, physically, emotionally &
monetarily.

Got physical gold? ......Or Silver?