"Few men have virtue to withstand the highest bidder." - George Washington

Thursday, February 22, 2018
“The war on cash is escalating. Just a week ago, the infamous Willem Buiter, along with Ken Rogoff, voiced their support for a restriction (or ban altogether) on the use of cash (something that was already been implemented in Louisiana in 2011 for used goods). Today, as Mises' Jo Salerno reports, the war has acquired a powerful new ally in Chase, the largest bank in the U.S., which has enacted a policy restricting the use of cash in selected markets; bans cash payments for credit cards, mortgages, and auto loans; and disallows the storage of "any cash or coins" in safe deposit boxes.

Buiter defended his "controversial" call for a ban on cash, as Bloomberg reports:

“The world’s central banks have a problem. When economic conditions worsen, they react by reducing interest rates in order to stimulate the economy. But, as has happened across the world in recent years, there comes a point where those central banks run out of room to cut — they can bring interest rates to zero, but reducing them further below that is fraught with problems, the biggest of which is cash in the economy.”

That tingling sensation is your ass puckering! ALL Americans are cautioned to pay very close attention to the actions being taken by Banks, because they are NOT doing this in isolation or without Government approvals. We will continue to bring forth any additional information on this topic if it becomes available -


“Aiden Hill’s introduction to the secretive culture at Covered California came in his first days on the job. He had just been hired to head up the agency’s $120 million call center effort when he emailed a superior April 18, 2013, and got a text message in reply:

Please refrain from writing a lot of draft contract language in government email … And don’t clarify via email … No email.

Later, concerned about contractor performance, Hill conducted an Internet search for “best practices” information to forward a superior. Afterward he got this text:

Aiden—Please stop using government email for your searches.”

Hey! Was that 'superior', Hillary Clinton?


“Two weeks ago IRS Commissioner John Koskinen admitted the agency ignored 60 percent of taxpayer phone calls, even during tax season, due to a lack of resources. He begged Congress for more money, money that of course comes from the paychecks of hard working Americans.

IRS Commissioner John Koskinen said Tuesday that service at his agency has gotten so bad that they are ignoring more than 60 percent of taxpayers’ phone calls during this tax season. ...

... But according to a new report from the House Ways and Means Committee, the IRS isn't lacking the resources to answer taxpayer phone calls, but instead prioritized resources to pay out big bonuses to employees and to fund union events instead. ...

... "But a close review of the agency’s spending shows the IRS deliberately cut $134 million in funding for customer service to pay for other activities. Spending decisions entirely under the IRS’s control led to 16 million fewer taxpayers receiving IRS assistance this filling season. Other spending choices, including prioritizing employee bonuses and union activity on the taxpayer’s dime, used up resources that otherwise could have been used to assist another 10 million taxpayers.”

Is it just me, or is the IRS the most abusive and out-of-control Government Agencies in Washington DC's cesspool of abusive and out-of-control Government Agencies? I know, you're probably thinking the EPA is the leader. Nope, it's the IRS -


“In his 1988 presidential race, George H.W. Bush was trashed by the left for selecting the Bobby McFerrin hit “Don’t Worry, Be Happy” as his campaign song. Maybe Bush thought he needed a lighthearted optimistic echo of Reagan’s 1984 mantra, “It’s morning in America.” But the Left thought the ditty confirmed the image of a callous and vacuous Bush who didn’t “worry” enough about the poor and minorities. The liberal McFerrin was outraged that Bush sought to play his own song at rallies. Shortly afterwards, “Don’t Worry, Be Happy” was quietly dropped by the Bush team.

Perhaps no other slogan better characterizes the Obama tenure.”

Obama is the Pied Piper, leading the lemmings of the world over the cliff -


“The Obama administration is using climate change to “fundamentally transform” America. It plans to make the climate crisis industry so enormous that no one will be able to dismantle it, even as computer models and disaster claims totally lose credibility — and even if Republicans control Congress and the White House after 2016.

Numerous regulators, researchers, universities, businesses, manufacturers, pressure groups, journalists and politicians now have such strong monetary, reputational and authority interests in climate alarmism that they will defend its tenets and largesse tooth and nail.

They are pursuing this agenda even though global warming is dead-last in the latest Gallup poll of 15 issues: Only 25 percent of Americans worry about it “a great deal,” while 24 percent are “not at all” worried. By comparison, 46 percent are deeply concerned about the size and power of the federal government.

As with its Arctic and Antarctic counterparts, 90 percent of the titanic climate funding iceberg is invisible. But Climate Crisis, Inc. is using our tax and consumer dollars to advance six simultaneous strategies.”

Be concerned ... be very concerned! Obama and his Democrat acolytes are an insidious group, willing to run any or all of us down pursuing their agenda to fundamentally transform America -


“IT’S OFFICIAL: JOHN Deere and General Motors want to eviscerate the notion of ownership. Sure, we pay for their vehicles. But we don’t own them. Not according to their corporate lawyers, anyway.

In a particularly spectacular display of corporate delusion, John Deere—the world’s largest agricultural machinery maker —told the Copyright Office that farmers don’t own their tractors. Because computer code snakes through the DNA of modern tractors, farmers receive “an implied license for the life of the vehicle to operate the vehicle.”

It’s John Deere’s tractor, folks. You’re just driving it.”

Did you know this? I didn't know this. Mahindra tractors just might get a big sales boost ... but seriously folks, this isn't just about farm equipment. This stance impacts everything that has embedded computer code ... Think about it! We can't allow this logic to stand -


“On April 20, The Washington Post ran a column showing that campus carry has been the law of the land in Colorado since 2003, and the results have not been anything like those currently fighting against campus carry claim it should be.

There have been no mass shootings and, apart from one incident in which a gun was accidentally discharged by a Colorado University employee, there have been no crimes by permit holders.

No one was injured in the accidental discharge, and the employee was fired.”

The truth will always be denied by gun control advocates -


“Readers of this publication will know that for some time, I’ve forecasted the creation of a new monetary system by which governments and banks gain total control over all monetary transactions.

On the surface of it, this may seem an impossible goal, as it would be so all-encompassing and would eliminate economic freedom entirely. Surely, it would not be tolerated. However, I believe that it’s not only relatively easy to create, but it will be sold in such a way that the public will see it as an absolute panacea to their economic woes. Only those who are far-sighted will understand its level of destruction in advance of its implementation.

It might transpire like this:

Part 1: The Currency”

If you like a good conspiracy, take the time to review this OpEd ... (Please note the articles that follow ... Hmmm) -


“With the passage of House Bill 195 into law, the State of Louisiana has banned the use of cash in all transactions involving second-hand goods. State representative Ricky Hardy, a co-author of the bill, claims that the bill targets criminals who traffic in stolen goods. According to Hardy, “It’s a mechanism to be used so the police department has something to go on and have a lead.”

The bill prohibits cash transactions by “second-hand dealers,” defined to include garage sales, flea markets, resellers of specialty items, and even non-profit resellers like Goodwill. Curiously, it specifically exempts pawnbrokers from the ban. But of course, pawn shops – and not rented stalls at local church flea markets – are notorious as places that criminals frequent to convert stolen goods into quick cash. So what gives?”

The bigger the government, the greater the intrusion, and the greater the velocity toward total control. This is the inherent nature of governments. That’s why the founding Fathers instituted checks and balances that have become the ultimate target of tyrants.


“Robbing Peter to pay Paul took another leap forward in Greece today as Tsipras to Seize Public-Sector Funds to Keep Greece Afloat.

Running out of options to keep his country afloat, Greek Prime Minister Alexis Tsipras ordered local governments to move their funds to the central bank.

"Central government entities are obliged to deposit their cash reserves and transfer their term deposit funds to their accounts at the Bank of Greece,” according to the decree issued Monday on a government website. The “regulation is submitted due to extremely urgent and unforeseen needs.”

What? You don't think this can happen here? Don't be a fool. Of course it can. We have the same caliber of professional politicians and career bureaucrats who have created a large welfare class who now expect and demand 'free-stuff' -


“Can the president kill you? The short answer is: Yes, but not legally. Yet, President Obama has established a secret process that involves officials from the Departments of Justice and Defense, the CIA, and the White House senior staff whereby candidates are proposed for execution, and the collective wisdom of the officials then recommends execution to the president, who then accepts or rejects the recommendation.

If the recommendation is to kill and the president rejects the recommendation, the CIA is directed to arrest the person. If the president accepts the recommendation to kill, then death is ordered. This is not unlike the procedure used in the reign of the monstrous British King Henry VIII, except that the king himself delegated the final say to his chancellor so that he could publicly disavow participation in the government murders.”

It would seem Obama's monarchy has more power than we were lead to believe -


“We live in a constitutional republic in which our elected officials are bound by the constraints of the Constitution, which means they don't have a license to do whatever they please, even if they think it would be best for the country.

That President Barack Obama so flagrantly violates this enshrined legal principle and much of his Democratic Party supports him in doing so is why so many other people are outraged and, at times, fear for their country.

Under past presidents in my lifetime (I was born after FDR), Republican and Democratic, we have not had to live in fear that the party controlling the executive branch would become a law unto itself. Mockers will cite President Richard Nixon's transgressions, but they don't register a blip on the radar compared with the colossal abuses of power this president and his party routinely engage in.”

Law and order? Not in America anymore. When a sitting President can ignore Constitutional constraint of power through the Separation of Powers with immunity you know our Nation is flirting with disaster. Washington DC politicians live a life that is completely detached from those that don’t belong to this elitist political class. Their decisions are based on distorted experience and lobbyist influence and not on real life experience and independent judgment. The strong, centralized power in Washington DC now, in combination with the desire to regulate everything in life, increasingly limits personal freedom, limits the development of entrepreneurship supporting economic expansion. Welcome to Amerika!


“President Obama expressed amazement Wednesday that his opponents portray him as a tax-and-spend liberal, and he also gave a plug for the fiscal responsibility of the Clinton administration.

“If you listen to some of my political critics, they always want to paint me or the Democratic Party as this tax-and-spend, you know, irresponsible,” Mr. Obama said at a town-hall meeting in Charlotte, North Carolina. “Since I came into office, the federal deficit’s come down by two-thirds.”

The annual budget deficit has fallen significantly since the trillion-dollar-plus deficits that Mr. Obama and Congress ran up in his first term. Those deficits have contributed in the total national debt rising from $10.6 trillion in 2009 to more than $18 trillion.”

Anybody need a good example of being self-delusional? How about a good laugh? How about reminding Obama that Clinton's economic success was due to a Republican Congress and a President then that did NOT ignore the Constitution. We know, minor details --- but they had to be shared -


“Remember Jonathan Gruber, the Obamacare architect who as caught on tape boasting how the president had taken advantage of the “stupidity” of American voters to pass his health-care law?

Well it seems, Obama is applying the “Gruber Doctrine” once again — this time to foreign policy.

The Gruber Doctrine is based on the premise that, in the words of the now infamous MIT professor, “lack of transparency is a huge political advantage” and that the “basic exploitation of the lack of . . . understanding of the American voter” is “really, really critical” for enacting your preferred policies.

That is precisely what Obama is doing when it comes to Iran and Cuba.”

It's a broken record with Obama. He knows that far too many Americans simple concentrate on getting by day in and day out. They don't pay attention to the kabuki dances on constant display by our professional political class, and that's precisely why we have so many problems. Only when an honest media provides necessary information and details to the challenges our Nation faces do our People become engaged. And then generally only until the news cycle turns the page....Collectively, when it comes to the manner in which our Nation is governed, We, the People have attention deficit disorder -


“Democrat John Edwards campaigned in 2008 on the theme of his 2004 Democratic National Convention speech about there being “Two Americas.” The American people rejected Edwards and his class warfare both times, but he had a point: There are two Americas. Not the two Americas in which John Edwards had two families, though those were real too, but one America for Democrats and another one for everyone else. ...

... Intellectual consistency never has been a strong suit of the left – the richest people decrying the wealth gap and calling for redistribution; private jet-living elitists demanding everyone else decrease the “carbon footprint,” etc. – but they’re safe from being called out for their hypocrisy because of their stranglehold on the media.”

Following Hillary's announcement officially entering the 2016 Presidential Campaign, mainstream media popped the corks and vowed to fully support her candidacy. How come we don't hear the champagne being broken out when Republicans announce their candidacy? Oh that's right ... mainstream media is too busy sharpening their knives to cut into some conservative hides -


“Our ever innocent president seems to have decided that he and friends are going to straighten out the whole Arab-Israeli impasse in a couple of years. That's how long he, his secretary of state, France's latest president and the usual masterminds at the United Nations should need to divide the already much divided Holy Land into two states, one Arab and one Jewish, living side by side in peace and amity forever afterward. Yes, once the UN's Security Council passes a resolution outlining the borders of the two states, that should do the trick.

Sound familiar? It should. Because that's just what the UN set out to do in 1947 -- only then it was dubbed Partition and now it's called the two-state solution. We can all see how well that worked out.

That same "solution" has been proposed time and again over the course of this century and the last. Its history goes back at least to 1937, when it was the recommendation of the Peel Commission appointed by the British -- but each time the various Arab states and kingdoms, not to mention militias and other irregulars, refused to have anything to do with it.”

Hey --- What's another thousand years or so between friends???


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