Is Obama Doing to the U.S. What My Dad Ronald Reagan Did to the Soviet Union?

MICHAEL REAGAN: Is Obama Doing to the U.S. What My Dad Ronald Reagan Did to the Soviet Union?

By Michael Reagan

Published March 11, 2011

Joint Chiefs chairman Admiral Mike Mullen put it bluntly: “The biggest threat to our national security is our debt.” He added that, in 2012, America will pay $600 billion in interest on the debt—about what we spend on national defense.

Our adversaries are well aware of our vulnerability. More than a year ago, Chinese communist General Luo Yuan told the state-run Xinhua News Agency that China should attack the U.S. “by oblique means . . . such as dumping some U.S. government bonds.” (China currently holds about $1.16 trillion of U.S. debt.)

Today, America is precariously balanced on an economic knife edge, thanks to the run-amuck spending of the Obama administration. What is the government doing about its mounting debt? So far, it’s just printing more money.

On February 28, Bill Gertz reported in the Washington Times on a Pentagon assessment of vulnerabilities in America’s financial system. The report, “Economic Warfare” by analyst Kevin D. Freeman, is the stuff of nightmares. It details how foreign adversaries could launch a financial terrorist attack against the U.S., leaving no fingerprints.

“The new battle space is the economy,” Freeman told Gertz, adding that America placed itself in jeopardy through “massive public debt.” Freeman noted, “This is the ‘end game’ if the goal is to destroy America.” The Chinese military, he said, has long advocated “the potential for an economic attack on the U.S.”

Even if the Chinese don’t collapse our economy, we seem bent on doing it ourselves. On March 2, Bloomberg quoted Thomas Hoenig, president of the Federal Reserve Bank of Kansas City, who warned that the Fed is “monetizing debt” by purchasing U.S. Treasury bonds—action that will surely produce inflation. Bloomberg called Hoenig “the lone dissenter” from the Fed’s purchase of $600 billion in U.S. securities. The Fed currently holds a record $2.54 trillion in U.S. debt.

Wall Street insider Michael J. Panzner warns that our economic woes signal decline—and approaching death. America, he says, is “afflicted with the overspending and overborrowing disease that has long been a distinguishing feature of . . . dying empires.”

Free market economists will tell you that Obama is running an age-old scam—stealing our wealth by printing more money. Thomas Sowell points out that government-engineered inflation “is a quiet but effective way for the government to transfer resources from the people to itself, without raising taxes.” Sowell echoes Milton Friedman, who years ago observed, “Inflation is the one form of taxation that can be imposed without legislation.”

Is President Obama deliberately trying to throw our economy into an inflationary spiral? After all, an inflationary crisis tacked onto the ongoing financial crisis amid a looming Middle East oil crisis is a recipe for doom. The idea of an American president tipping America into a Great Depression is unthinkable—isn’t it?

Maybe not. Remember the words of Obama’s technology czar, John Holdren, who told students in April 2010, “We can’t expect to be number one in everything indefinitely.” Holdren also co-authored a book called Human Ecology, which advocates deliberately weakening the U.S. economy and redistributing America’s wealth to other nations as part of a “massive campaign . . . to de-develop the United States.”

David Walker warns in “Comeback America,” “Many of us think that a superpowerful, prosperous nation like America will be a permanent fixture. . . . We are too big to fail. But you don’t have to delve far into the history books to see what has happened to other once-dominant powers. . . . America presents unsettling parallels with the disintegration of Rome” including “the growth of fiscal irresponsibility by the central government.” Are we already entering the final stages of decline?

In my book “The New Reagan Revolution,” I tell about sharing a stage with former Soviet President Mikhail Gorbachev in 2005. I told the audience how my father, Ronald Reagan, deliberately collapsed the Soviet economy in the 1980s, resulting in the fall of Soviet communism. I turned to Gorbachev and asked, “Tell us, Mr. Gorbachev—how bad was the economy in those days?”

He replied, “Oh, Michael, it was so bad! Can you imagine Russian women not being able to buy pantyhose? We were so bankrupt, I had to appoint a pantyhose czar to smuggle pantyhose into the Soviet Union!”
The audience erupted in laughter. It was funny in 2005. Today, I’m not laughing.

How did Ronald Reagan consign the Soviet Union to the ash heap of history? He deliberately bankrupted the Soviets—and their society imploded.

Here’s what frightens me: Everything Ronald Reagan did to the Soviet Union, Barack Obama is doing to America today.

Michael Reagan is the son of President Ronald Reagan and a political consultant. He is the founder and chairman of The Reagan Group and president of The Reagan Legacy Foundation. Visit his website at www.reagan.com. Portions of this column are adapted from his book “The New Reagan Revolution” (St. Martin’s Press).

http://www.foxnews.com/opinion/2011/03/11/michael-reagan-obama-doing-dad-ronald-reagan-did-soviet-union/?intcmp=obnetwork#

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Guerilla Conservatism

And yes, I practice ‘guerilla conservatism’ on a daily basis. Thanks for noticing. I fight the Progressive/Socialist movement and its misguided minions with every legal weapon at my disposal.

Constitutionalism is descriptive of a complicated concept, deeply imbedded in historical experience, which subjects the officials who exercise governmental powers to the limitations of a higher law. Constitutionalism proclaims the desirability of the rule of law as opposed to rule by the arbitrary judgment or mere fiat of public officials…. Throughout the literature dealing with modern public law and the foundations of statecraft the central element of the concept of constitutionalism is that in political society government officials are not free to do anything they please in any manner they choose; they are bound to observe both the limitations on power and the procedures which are set out in the supreme, constitutional law of the community. It may therefore be said that the touchstone of constitutionalism is the concept of limited government under a higher law.
--
David Fellman
Political scientist and constitutional scholar

Audit Passes
Audit the Fed Amendment Passes 43-26!

On Thursday, November 19, 2009, after several hours of heated debate, the Paul-Grayson “Audit the Fed” amendment passed 43-26 in the House Financial Services Committee. The amendment calls for a comprehensive audit of the Federal Reserve and replaces the opposing “placebo” amendment proposed by Mel Watt.

Why Audit?

Why Audit The Federal Reserve?

Ron Paul’s legislation is aimed at pulling back the curtain from a secretive and unaccountable Federal Reserve. Congress and the American people have minimal, if any, oversight over trillions of dollars that the Fed controls.

With recent bailouts and spending decisions shining a spotlight on the actions of the Federal Reserve, more and more pressure is bearing down on Congress to take action and demand accountability and transparency.

Auditing the Fed is only the first step towards exposing this antiquated insider-run creature to the powerful forces of free-market competition. Once there are viable alternatives to the monopolistic fiat dollar, the Federal Reserve will have to become honest and transparent if it wants to remain in business.

http://www.ronpaul.com/on-the-issues/audit-the-federal-reserve-hr-1207/

Biggest Liars
The biggest liars are the ones making the most money on our planet
Privately Owned!

Lewis v. United States, 680 F.2d 1239 (1982)

John L. Lewis, Plaintiff/Appellant,

v.

United States of America, Defendant/Appellee.



The court ruled that the Federal Reserve Banks are "independent, privately
owned and locally controlled corporations
", and there is not sufficient
"federal government control over 'detailed physical performance' and 'day to day
operation'" of the Federal Reserve Bank for it to be considered a federal
agency:





Federal reserve banks are not federal instrumentalities for purposes of a
Federal Tort Claims Act, but are independent, privately owned and locally
controlled corporations in light of fact that direct supervision and control of
each bank is exercised by board of directors, federal reserve banks, though
heavily regulated, are locally controlled by their member banks, banks are
listed neither as "wholly owned" government corporations nor as "mixed
ownership" corporations; federal reserve banks receive no appropriated funds
from Congress and the banks are empowered to sue and be sued in their own names.
. . .

 

Ron Paul

“I am very, very confident that the message of freedom and limited government and non-interventionist foreign policy is the right way to go, and I think people like to hear that,” Paul said.

A retired obstetrician, Paul practices what he preaches.
He refuses his
congressional pension and didn’t allow his five children to take federal student
loans.

Transparency a must

Transparency a must for Federal Reserve

Jon Kovaciny, Mankato

I strongly urge our senators, Al Franken and Amy Klobuchar, to follow the lead of Rep. Tim Walz in co-sponsoring a bill requiring more transparency for the Federal Reserve, our nation’s central bank.

The Fed, under chairman Ben Bernanke, played a significant role in engineering and executing the bailouts. Hundreds of billions of dollars were created and doled out to various banks, financial firms, and even foreign central banks, yet we have no legal way of seeing who or how much. The Fed also creates new money to secretly purchase assets on the open market.

This remarkable power is not something that one would expect to find in a representative government; indeed, the Federal Reserve is technically not part of government but rather a private banking cartel given special powers by Congress in 1913, under pressure from the banking industry. In its 96-year history, the Federal Reserve has never been subjected to a full audit of its operations.

Last May, Walz co-sponsored H.R. 1207, the Federal Reserve Transparency Act of 2009. Since that time, support for the bill has grown to include 73 percent of the House. A recent Rasmussen poll found that 79 percent of Americans support a full audit. It is time for Franken and Klobuchar to co-sponsor the Senate version of the bill, S. 604.

Among the Fed’s stated goals are economic and monetary stability. Under the Fed, we’ve endured more than a dozen recessions and the Great Depression, and today’s dollar has less than a 20th of a 1913 dollar’s purchasing power. For an institution with so much unchecked power and such a dismal record, transparency is a must.

Accountability

Contact the white house, your Congressmen and Senators!

Tell our elected representatives in Washington DC to stop spending our future away liking drunken sailors!

Tell them we want Full Accountability from the Federal Reserve, Where have trillions of our tax dollars gone and why?

Tell Them we are done paying billions of dollars per year to the Federal Reserve banking cartel in interest on our own damn money!!!

War on the dollar

U.S. federal reserve chief Benjamin Bernanke has declared war on the dollar.

"The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost."

— Benjamin S. Bernanke,
Chairman, U.S. Federal Reserve

Word Cloud
Indefensible

It is primarily the FED (and government) who got us in this mess, and make no mistake it's going to get much worse. The lengths people go to defend the FED is just pathetic. The notion that the people don't have the right to know where their hard earned money goes is an indefensible stand to take. It defies reason. Most people who take this stand either don't understand the FED or have an agenda.

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    Nick R. Brown
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Jefferson_ETF
Global Warming Fraud

Man-made global warming fraud highlights:

1. Prominent environmental scientists organize a boycott of scientific journals if those journals publish scholarly material from global warming dissidents.

2. The scientists then orchestrate attacks on the dissidents because of their lack of scholarly material published in scientific journals.

3. The scientists block from the UN’s report on global warming evidence that is harmful to the anthropogenic global warming consensus.

4. The scientists, when faced with a freedom of information act request for their correspondence and data, delete the correspondence and data lest it be used against them.

5. The scientists fabricate data when their data fails to prove the earth is warming. In fact, in more than one case, scientists engaged in lengthy emails on how to insert additional made up data that would in turn cause their claims to stand out as legitimate.

We’re dealing with fabricated and deleted data, and an orchestrated effort to undermine global warming dissidents. Faked data in particular is a big deal: many politicians are using eco-alarmism based on fear of global warming to assault American freedoms.

What does it mean for America if it turns out that a few scientists at the
top were actively involved in scientific fraud
to promote their own agendas?

No Evidence!

"There is no convincing scientific evidence that human release of carbon dioxide, methane, or other greenhouse gases is causing or will, in the foreseeable future, cause catastrophic heating of the Earth's atmosphere and disruption of the Earth's climate. Moreover, there is substantial scientific evidence that increases in atmospheric carbon dioxide produce many beneficial effects upon the natural plant and animal environments of the Earth."

“Climategate”

"Climategate" investigation, the stakes in the e-mail controversy are significant, "as it appears that the basis of federal programs, pending EPA rule makings and cap and trade legislation was contrived and fabricated."

12 of the 26 scientists who wrote the relevant section of a U.N. global warming report are "up to their necks in ClimateGate."

The professional association for physicists APS is facing internal pressure from some of its most distinguished members, who say the burgeoning ClimateGate scandal means the group should rescind its 2007 statement declaring that global warming represents a dire international emergency.

"By now everyone has heard of what has come to be known as ClimateGate, which was and is an international scientific fraud, the worst any of us have seen...

People do not believe

Public awareness reached a new high in the summer of 2006 with the publicity around Al Gore’s “An Inconvenient Truth.”

The Pew Center for People and the Press conducted a telephone survey of 1,501 adults between June 14 and June 19, 2006, a period timed to coincide with the high point of the media’s interest in Gore’s movie. By far the biggest finding was that the movie had done virtually nothing to increase the saliency of global warming among voters.

Pew researchers noted that “out of a list of 19 issues, Republicans rank global warming 19th and Democrats and Independents rank it 13th.” By January 2007, global warming’s relative importance actually declined to 21st out of 21 issues for Republicans, 17th out of 21 issues for Democrats, and 19th out of 21 issues for independents.

Three Things

Three Things You Absolutely Must Know About Climategate!

They’re calling it “Climategate.” The scandal that the suffix –gate implies is the state of climate science over the past decade or so revealed by a thousand or so emails, documents, and computer code sets between various prominent scientists released following a leak from the Climate Research Unit (CRU) at the University of East Anglia in the UK.

This may seem obscure, but the science involved is being used to justify the diversion of literally trillions of dollars of the world’s wealth in order to reduce greenhouse gas emissions by phasing out fossil fuels. The CRU is the Pentagon of global warming science, and these documents are its Pentagon Papers.
Here are three things everyone should know about the Climategate Papers. Links are provided so that the full context of every quote can be seen by anyone interested.

First, the scientists discuss manipulating data to get their preferred results.

Secondly, scientists on several occasions discussed methods of subverting the scientific peer review process to ensure that skeptical papers had no access to publication.

Finally, the scientists worked to circumvent the Freedom of Information process of the United Kingdom.

Peer Review

Data fabrication and algorithm manipulation are not the only important issues here.

The travesty is that they were peer-reviewing each other's work! They had control of their own process. It was a closed-loop system comprised of several dozen researchers in an incestuous, self-affirming academic relationship.

Embarrassing

Embarrassing isn't it?

Show us a single piece of evidence that man's CO2 is causing warming.

Give us the page number in the IPCC reports that give such evidence.

Climategate will go down as unmasking the biggest science scandal of this century.

CO2

There are many pressing pollution problems that are real issues that should be solved first.

Isn’t it also true that there were equally dire predictions of global cooling only 35 years ago?

Isn’t it further true that these all-knowing climatologists can’t predict a season of hurricanes, drought, or snowstorms, or for that matter an accurate weather forecast for more than 10 days, except in a Southern California summer?

After all, climatology is little more than a soft-science duded up in jargon, self-made computer wizardry, and political pomp?

No, the science is not settled. What is settled is the AGW blind adherence to a very unscientific approach to natural phenomena. Since when are scientific principles and conclusions settled by consensus?

If these self-important Wizards continue their path, they will be routed out and forced into an honest living selling pencils & begging for spare change on the corner. Their hot air is the problem.

Copenhagen

The last thing America needs is misguided legislation that will raise
taxes and cost jobs — particularly when the push for such legislation rests on agenda-driven science.

Without trustworthy science and with so much at stake,
Americans should be wary about what comes out of this politicized conference.



--
Sarah Palin

Elites words

Here are the words of the elites, admitting they contrived this:

On manipulating America with environmental issues:
“The common enemy of humanity is man. In searching for a new enemy to unite us, we came up with the idea that pollution, the threat of global warming, water shortages, famine and the like would fit the bill. …The real enemy then is humanity itself. Democracy is no longer well suited for the tasks ahead.”

– Richard Haass, Club of Rome Document, 1991 p. 71,75 1993

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About time

The Climategate e-mail release is a watershed moment in the history of hoaxes. But while it reveals just the tip of the fraudulent climate change iceberg, it is also at long last a victory for those who wish to be good stewards of the planet's environment without crippling human productivity.

It is time for a constructive debate about how to maintain the global economy in a responsible way that honors the planet and the needs of the people who live on it.

Scientific Consensus

In late 2009, the credibility of the United Nations Intergovernmental Panel on Climate Change (IPCC) took a serious hit when email exchanges between some of its senior authors and editors revealed deliberate efforts to falsify data and silence dissenting scientists. The IPCC's reputation was already waning in the wake of scandals concerning Michael Mann's "hockey stick" temperature diagram and the role of government officials and environmental activists in its so-called "peer review" process. The IPCC Email Scandal of November 2009 meant the IPCC could no longer claim to represent the "scientific consensus" on global warming.

Emails exchanged by Phil Jones and other leading scientists who edit and control the content of the reports of the Intergovernmental Panel on Climate Change reveal a conspiracy to falsify the actual temperature record and silence so-called "skeptics." Anyone who continues to cite the IPCC as representing the "consensus" on global warming is wrong. The IPCC has been totally discredited.

Prove It

It is not the responsibility of ‘climate realist’ scientists to prove that dangerous human-caused climate change is not happening. Rather, it is those who propose that it is, and promote the allocation of massive investments to solve the supposed ‘problem’, who have the obligation to convincingly demonstrate that recent climate change is not of mostly natural origin and, if we do nothing, catastrophic change will ensue. To date, this they have utterly failed to do.