29 November, 2011

Tuesday, November 29th


"Tyranny is defined as that which is legal for the Government, but illegal for the people"
Thomas Jefferson

How to take control of the country again

Pass a  CONSTITUTIONAL AMENDMENT that states anytime there is a deficit of more than 3% of  GDP, all sitting members of Congress are ineligible for  re-election.

The 26th amendment (granting the  right to vote for 18 year-olds) took only 3 months & 8 days  to be ratified! Why? Simple! The people demanded it. That was in  1971...before computers, e-mail, cell phones, etc.

Of  the 27 amendments to the Constitution, twenty three (23) took 2 years or  less to become the law of the land...all because of public pressure.


Constitutional Amendment #28
1. No  Tenure / No Pension.
A Congressman collects a salary while in  office and receives no pay when they are out of office.

2.  Congress (past, present & future) participates in Social  Security.
All funds in the Congressional retirement fund move  to the Social Security system immediately. All future funds flow  into the Social Security system, and Congress participates with  the American people. It may not be used for any other  purpose.


3. Congress can purchase their own retirement plan,  just as all Americans do.

4. Congress will no longer vote  themselves a pay raise. Congressional pay will rise by the lower  of CPI or 3%.

5. Congress loses their current health care  system and participates in the same health care system as the  American people.

6. Congress must equally abide by all laws  they impose on the American people (read, insider trading!)

7. All contracts with  past and present Congressmen are void effective 1/1/12. The  American people did not make this contract with Congressmen.  Congressmen made all these contracts for themselves. Serving in  Congress is an honor, not a career. The Founding Fathers envisioned citizen legislators, so ours should serve their  term(s), then go home and back to work.


Euro on the Brink; EU Finance Ministers struggle to save EU
http://news.yahoo.com/pressure-builds-eurozone-ponders-debt-solutions-171745129.html


Treasury Secretary involved in insider trading
http://www.bloomberg.com/news/2011-11-29/how-henry-paulson-gave-hedge-funds-advance-word-of-2008-fannie-mae-rescue.html#dsq-comments

Obama's Approval Rating Lower than Carter's
http://www.usnews.com/news/blogs/washington-whispers/2011/11/29/obamas-job-approval-drops-below-carters

Iranians Storm U.K. Embassy in Tehran
http://www.reuters.com/article/2011/11/29/us-iran-britain-embassy-idUSTRE7AS0X720111129

Italy 3 Yr. Bond Yield hits 8%!
http://www.cnbc.com/id/45473192

U.S. Deficit Deadlock sounds looks a lot like Europe.  If we cannot make drastic cuts our future is playing out in Europe right now!
http://www.cnbc.com/id/45472576

Fitch Cuts U.S. Outlook to Negative
http://www.foxbusiness.com/economy/2011/11/28/fitch-keeps-us-credit-rating-at-aaa-cuts-outlook-to-negative/

Germany must act if Euro is to be saved
http://www.ft.com/cms/s/0/d29da7fc-19ee-11e1-b9d7-00144feabdc0.html#axzz1f1UzVb99

Europe Near Financial Apocalypse
http://www.ft.com/cms/s/0/d29da7fc-19ee-11e1-b9d7-00144feabdc0.html#axzz1f1UzVb99

MSNBC says battle for entitlements will be "fought in the streets"
http://www.realclearpolitics.com/video/2011/11/28/cornel_west_ultimate_fight_for_entitlements_will_be_in_the_streets.html


Government REGULATIONS to kill small economy of Chincoteague
http://www.washingtonpost.com/national/health-science/chincoteague-fears-plan-to-move-beach-will-drive-away-tourists-hurt-economy/2011/11/18/gIQAZTGt2N_print.html

Housing Prices continue fall
http://www.cnbc.com/id/45475582

Bad as Housing is, it's going to get worse; more foreclosures and plunging prices
http://www.cnbc.com/id/45464950



How the Media sees/reports the "news"