Obama’s Plan to Locate 5 Million Illegal Aliens

First, he got some bureaucrat to sign an executive action letting illegal aliens remain in the USA. This is not an Executive Order, so Congress cannot pin the tail on Obama. Smart.
Second, he lets La Raza encourage them to register. Smart.
Third, the IRS issues Social Security cards to them.
Fourth, they get into the IRS computers as taxpayers.
Fifth, he goes away after January 20, 2017.
Sixth, a Republican President signs an Executive Order revoking Obama’s executive action.
Seventh, the ICE starts rounding up these now-registered illegal aliens, since the ICE will have their names, Social Security numbers, and addresses.
Without Obama, the IRS would never have known where these people live, who employs them, and where they came from. The cost of expelling them will drop significantly.
There is a fundamental economic law: ‘When the price drops, more is demanded.’ Obama is driving down the price of identifying illegal aliens. This will become known in the textbooks as the Pat Buchanan effect, a corollary to the law of unintended consequences.

This post was published at Tea Party Economist on December 6, 2014.

Wall Street Moves to Put Taxpayers on the Hook for Derivatives Trades

Wall Street has for some time attempted to put taxpayers on the hook for its derivatives trades. I highlighted this a year ago in the post: Citigroup Written Legislation Moves Through the House of Representatives. Here’s an excerpt:
Five years after the Wall Street coup of 2008, it appears the U. S. House of Representatives is as bought and paid for as ever. We heard about the Citigroup crafted legislation currently being pushed through Congress back in May when Mother Jones reported on it. Fortunately, they included the following image in their article:

Unsurprisingly, the main backer of the bill is notorious Wall Street lackey Jim Himes (D-Conn.), a former Goldman Sachs employee who has discovered lobbyist payoffs can be just as lucrative as a career in financial services.

This post was published at Liberty Blitzkrieg on Dec 5, 2014.

US Declares War on Russia (Step One)

21st Century Wire says…
Behind the White House’s political smokescreen in Ferguson and New York, US lawmakers were busy sliding through a pre-declaration of war against Russia.
The latest resolution by the US Congress, most likely drafted and presented to the speaker by Washington DC-based Neoconservative think tank, Foreign Policy Initiative (formerly Project for a New American Century), calls for renewed political, and military support for Fascist and NeoNazi-sympathizing regime in Kiev, Ukraine, which will include:
– US aid for Kiev regime to keep using military against ethnic Russians in east Ukraine. – US funding for more weapons and military support in the Ukraine. – More US funding for foreign language, pro-US, and anti-Russian propaganda throughout eastern Europe and in countries bordering Russia.
In all but name, this US resolution is preliminary declaration of war, moving Washington right up to the final step, which is a formal declaration of war. Based on its recent record of engaging in foreign conflicts, it is unlikely a final declaration will come, as the US has already set numerous precedents already by waging Wiemar-style undeclared wars, or by simply bypassing its domestic checks-and-balances by waging any war through NATO.
In addition to ‘on the books’ warfare, there would normally be additional budgetary provisions included in this latest initiative for funding and directing proxy war and terrorist guerrilla against Russia through non-state actors in the region – which has already been done by the US already against Iran, as reported by New Yorker Magazine’s award-winning investigative reporterSeymour Hersh in 2008:

This post was published at 21st Century Wire on DECEMBER 4, 2014.

Politicians to Business Owners: Drop Dead

Senator Ted Stevens once explained that the Internet is a ‘series of tubes’ and ‘not a big truck.’ Steven’s comments made me a little sad, since I worried we’d never again hear such idiocy from a senior government official. Had we reached peak stupid on Capitol Hill?
There was a ray of hope a few years back when Congressman Hank Johnson shared, in Committee, his fears that if too many people move to Guam it might ‘tip over and capsize.’
Johnson is a well-known fool, though, so I was cautious yet. Maybe we just got lucky. Maybe stupid really was over.
So imagine my sheer joy when another well-known DC fixture, one Hillary Clinton, addressed her considerable analytic talents to the question of job creation during 2014′s election cycle.
Speaking at a Boston rally, Clinton opined, ‘Don’t let anybody tell you it’s corporations and businesses create jobs. You know that old theory, ‘trickle-down economics’. That has been tried, that has failed. It has failed rather spectacularly.’
Strictly speaking, ‘trickle-down economics’ is a specific type of economic policy identified with Reaganomics in the 1980s. But given the context of her speech, it’s clear that Clinton was using the phrase to invoke the broad leftist assertion that any fiscal policy that is relatively kind toward business growth and private wealth accumulation is somehow putting wage earners and other non-business owners at some kind of disadvantage.

This post was published at Ludwig von Mises Institute on DECEMBER 4, 2014.


History has shown that most of the brutal dictators of the past have share two, or three mental illnesses. These illnesses include Narcissistic Personality Disorder (NPD), Paranoid Personality Disorder (PPD) and Antisocial personality disorder (ASPD). Given the direction of the country, it is legitimate to ask whether or not this President is indeed mentally ill. In my professional opinion, any combination of two of these mental illnesses would prevent a President from discharging his duties as prescribed by the Constitution of the United States.
The Twenty Fifth Amendment-Section Four
‘Whenever the Vice President and a majority of either the principal officers of the executive departments or of such other body as Congress may by law provide, transmit to the President pro tempore of the Senate and the Speaker of the House of Representatives their written declaration that the President is unable to discharge the powers and duties of his office, the Vice President shall immediately assume the powers and duties of the office as Acting President…’
If the President could be shown to mentally ill, under the 25th Amendment he could be removed from office. With the publicly available information, and based upon my training and experience in mental health diagnostics, I have conducted a mental health status exam of this President.
The Mental Illnesses of Dictators Before analyzing President Obama according to these criteria, based upon observed public behaviors, please allow me to make a few general observations with regard to three conditions. Narcissistic Personality Disorder (NPD) sufferers believe that they are entitled to special privilege and that the rules of society apply to others but not to them. Paranoid Personality Disorder (PPD) individuals are people who are unusually suspicious in situations in which most people would not be concerned. They frequently change allies and lack stable relationships in their lives. Finally, Anti-Social Personality Disorder (ASPD) people are a combination of what we used to call a sociopath and a psychopath. These people are capable to doing great harm to another human being without feeling any empathy and remorse. This is the central element in the personality structure of a person who would commit genocide against their own people.
The remainder of this article explores if the current President is indeed mentally ill based upon the universally agreed upon diagnostic criteria as set forth by The Diagnostic and Statistical Manual (DSM).

This post was published at The Common Sense Show on December 3, 2014.

Oil War Pushes Venezuela Over Brink, Probability of Default Soars to 84%

Fracking, Tar Sands, & OPEC Meet Decades of Mismanagement OPEC member Venezuela has one of the largest oil and natural gas proven reserves in the world. It’s the 12th largest producer in the world. It’s still one of the top suppliers of crude oil to the US. Oil produces 95% of Venezuela’s export earnings. Oil and gas account for 25% of GDP. Oil is Venezuela’s single most important product. Oil is its critical source of foreign currency with which to pay for all manner of imported consumer and industrial products. But the price of oil has plunged 35% since June.
Venezuela was already in trouble before the price of oil plunged. The fracking boom in the US and the tar-sands boom in Canada have been replacing Venezuelan imports of crude to the US for years. The Keystone pipeline, if Congress approves it, will replace costly oil trains to move Canadian tar-sands crude to US refineries, making it even more competitive with Venezuelan crude. Shipments of crude from Venezuela to the US will continue to dwindle.
Venezuela’s budget deficit is 16% of GDP, the worst in the world. Inflation is running at a white-hot 63%, also the worst in the world. The economy is heavily subsidized, but now the money for the subsidies is running out.
Currency controls have been instituted to shore up the Bolivar. But instead, they’re strangling what is left of the economy. Anti-government protests and riots burst on the scene earlier this year as the exasperated people couldn’t take it any longer. The scarcity of even basic consumer products such as toothpaste and toilet paper has now spread across the spectrum, including medical supplies. Next year, scarcity is going to be even worse. Venezuelan economist Angel Garcia Banchs worries that ‘what’s coming to Venezuela is chaos that will probably lead to barbarity and people looting.’

This post was published at Wolf Street on December 2, 2014.

Could a New Constitutional Convention Be on The Horizon?

It’s been 227 years since the United States Constitution was ratified in Philadelphia. Since then, Congress has approved 27 amendments to the reverent document, including the Bill of Rights. However, in recent years many have wondered if it’s high time to go back to the drawing board.
One little known way to change the Constitution, is for the states come together to call for a new constitutional convention. In a way, this right exists as another series of checks and balances; except in this case, it’s not between the executive, judicial, and legislative branches. This check on power stands between the states the Federal Government.
So far, 29 state bodies have called for a new convention, with the majority of these decisions coming from conservative states. With the slew of republican party victories last month, we may soon see that number increase the 34 states, which is the bare minimum required to call for a new convention.
Two states, California and Vermont, have called for a convention to overturn the Supreme Court’s Citizens United decision that permits huge amounts of unregulated money into federal campaigns. Larry Sabato, a University of Virginia political scientist, wants a convention to adopt sweeping changes, including a single six-year presidential term and concomitant House and Senate terms, to create more of a parliamentary system. Petitions to adopt term limits for members of Congress have circulated for years.
But much of the current impetus comes from fervent fiscal conservatives. This includes calls for an amendment requiring a balanced budget and other restraints on the federal government’s spending and taxation powers.

This post was published at The Daily Sheeple on December 2nd, 2014.

Congress Reps Orchestrate Further Racial Division with ‘Hands Up’ Ferguson Gesture on House Floor

Check out what these bought-and-paid-for members of Congress are doing on the House floor (instead of their jobs):

NY Daily Post ran this picture earlier today with the tagline: ‘Reps. Jeffries (D-NY), Lee (D-Tex.), Green (D-Tex.) and Clarke (D-NY) referenced the gesture that has come to symbolize the protests in Ferguson, Mo.’
But we’ll get back to that in just a moment…
For months now, The Daily Sheeple and other alternative media outlets have been reporting on the highly provocateured mess that has been going down in Ferguson following the Michael Brown shooting and the resultant Darren Wilson grand jury decision.
We’ve shown that the protests have been highly organized, trained for and likely highly funded. That Obama ended his vacation early specifically to discuss Michael Brown’s shooting with AG Eric Holder, then a week before the grand jury decision, the president called members of every major civil rights group in the country personally to discuss Ferguson. That the DOJ even sent marshals to ‘coach’ Ferguson protesters.
We’ve also shown that police kill lots of people who were totally innocent in every respect, and in too many of those cases to count, the government and mainstream media are silent and fail to drive the country into a complete frenzy over it that would result in riots no matter the outcome.
We’ve shown that the system seemingly placed its chess pieces on the board to foment more violence out of this situation, not less.
We’ve shown that when it comes to the Michael Brown shooting fallout, predictive programming totally works because it totally did.
The dog has officially been wagged in Ferguson, Missouri. There are daytime soap operas less scripted than this.
In reality, all the citizens of this country should be outraged at the militarized police state growing all around us as it has been for decades now.

This post was published at The Daily Sheeple on December 2nd, 2014.

NBA Superstar Charles Barkley Slams Ferguson Rioters: ‘Those Aren’t Real Black People… Those Are Scumbags’

With NFL players and Congressional members now engaging in the ‘Hands Up, Don’t Shoot’ movement in a show of support for the Ferguson protests, one particular superstar is taking a different stance.
Retired NBA player Charles Barkley doesn’t side with the protesters. In fact, he is appalled by their behavior following the Ferguson Grand Jury decision to not indict officer Darren Wilson. In a recent interview he made some comments that more than likely won’t help him make any new friends in the African American protest circuit.

This post was published at shtfplan on December 2nd, 2014.

Changing Bankruptcy Laws for Banks

Today, Congress is going to pass quietly behind the scenes changes to the BANKRUPTCY LAWS illustrating the growing fear that we are going to see a sharp economic decline ahead. The proposed new law would eliminate protections for certain financial contracts that made big bank bankruptcies nearly impossible in the past. Under the current law, if a financial institution files for bankruptcy protection, counterparties can cancel their contracts. That includes derivatives and repurchase agreements. Creditors can actually seize the assets a firm needs to survive.
Consequently, under this new bill, creditors wouldn’t be able to cancel their contracts during the 48-hour transfer process. The banks are cheering this. No wonder. They can be merged and nobody can cancel anything or seize their assets. More and more it looks like those in government understand there are dark clouds on the horizon.

This post was published at Armstrong Economics on December 1, 2014.

Economic Cycles Are Far Bigger than Presidents

I’ve never had a good word to say about Barack Obama, and I’m not going to start now. But it would be disingenuous to blame him for the Great Recession that has persisted for most Americans since the downturn ended officially in 2009. Politically speaking, there is nothing Obama or any other president could have done to alter the course of economic events after real estate prices collapsed in 2007-08. This happened on George W. Bush’s watch, but he can’t be blamed either, since the factors leading up to the crash had been gathering strength for more than a generation. Economic cycles are far bigger than the presidency, and anyone in the White House when times are good is simply lucky to be in the right place at the right time. Luckiest of all was Bill Clinton, who, for all his personal failings, is recalled almost nostalgically because of the relatively prosperous economic times America enjoyed during his tenure as president.
Obama, on the other hand, inherited a mess that no president, Democrat or Republican, could have cleaned up. There was but one solution that would have worked: Let the system fail, and then regenerate itself. Of course, that could never have happened in the real world – even with Ron Paul in the White House and a veto-proof Libertarian majority in both houses of Congress. Yes, they initially would have stood on principle. But not for long, and certainly not for the full length of an election cycle. If laissez-faire economics had obtained during the Great Financial Crash, it seems likely the entire banking system would have collapsed rather than just a few big players such as Lehman and Bear Stearns that were sacrificed to make it appear the government had control of the situation.

This post was published at Rick Ackerman BY RICK ACKERMAN ON DECEMBER 1, 2014.

Obama Finally Cuts Loose: ‘Voters Be Damned!’

President Barack Obama has spent November acting with a defiant fury, moving with little regard for the message voters sent at the polls.
Instead of reaching out to Republicans who won control of next year’s Congress Nov. 4, he’s charged ahead with initiatives that infuriate the victors, prompting critics to label him a ‘king’ or ‘emperor.’
Wednesday, the Obama administration began an effort aimed at easing smog-related pollution. Earlier this month, Obama took executive action on immigration and climate change. The White House has suggested he would block the Keystone XL pipeline. He’s vowed to have the federal government regulate Internet access.
This damn-the-GOP-torpedoes burst is dramatically different from the contrition and soul searching other presidents endured after their parties suffered stinging defeats.
(For the rest of the article, click the link.)
Continue Reading on http://www.mcclatchydc.com

This post was published at Tea Party Economist on November 28, 2014.

“We Blew It,” Chuck Schumer Says Democrat Focus On Obamacare Was Wrong

With friends like this, who needs Republicans. President Obama may be turning over in his golf cart this Thanksgiving weekend as no lessor Democrat than Chuck “get back to work, Mr. Chairman” Schumer said Tuesday night that Democrats acted wrongly in using their new mandate after the 2008 election to focus on the issue rather than the economy at the height of a terrible recession. As National Journal reports, Schumer exclaimed, we “blew the opportunity the American people gave [us].” Little late to distance yourself from this cluster-tax chucky boy…
As National Journal reports,
Sen. Chuck Schumer upbraided his own party Tuesday for pushing the Affordable Care Act through Congress in 2010. …
“After passing the stimulus, Democrats should have continued to propose middle-class-oriented programs and built on the partial success of the stimulus, butunfortunately Democrats blew the opportunity the American people gave them,” Schumer said. “We took their mandate and put all of our focus on the wrong problem – health care reform.”

This post was published at Zero Hedge on 11/26/2014.

Elite Contempt for Ordinary Americans

Jonathan Gruber, MIT economist and paid architect of Obamacare, has shocked and disgusted many Americans. In 2013, he explained to a University of Pennsylvania audience: ‘This bill was written in a tortured way to make sure (the Congressional Budget Office) did not score the mandate as taxes. If CBO scored the mandate as taxes, the bill dies.’ He added that the ‘lack of transparency is a huge political advantage.’ Most insulting were his previous statements that ‘the American voter is too stupid to understand’ and his boast of Obamacare’s ‘exploitation of the lack of economic understanding of the American voter.’
We recall that back in 2010, then-House Speaker Nancy Pelosi infamously said, ‘We have to pass the bill so that you can find out what is in it.’ That comment was just as insightful as her response to a CNSNews.com reporter who asked, ‘Madam Speaker, where specifically does the Constitution grant Congress the authority to enact an individual health insurance mandate?’ Unable to respond intelligently, Speaker Pelosi gave her best political response: ‘Are you serious? Are you serious?’ When asked recently about Gruber, Pelosi said: ‘I don’t know who he is. He didn’t help write our bill.’ She was quickly caught in a lie because during the 2009 health care debate, she mentioned Gruber’s analysis at a news conference.

This post was published at Lew Rockwell on November 25, 2014.


In my former coaching days, I learned the wisdom of concealing the vulnerabilities of my team. If I was being interviewed by the media about an upcoming game, I would never have revealed my vulnerabilities because to do would be moronic! But, this is exactly what NSA Director, Admiral Mike Rogers, did three days ago when he was addressing lawmakers in full view of the media. He told Congress, the media, the American people and the Chinese that the Chinese have the ability to take down our power grid with an EMP attack and there is nothing we can do about it! This is insanity! At least it is insanity until one asks the question, ‘When has the NSA ever warned the American people about anything’? In fact, when has the NSA ever shown any concern for the welfare of the average American citizen? Answer: NEVER! Then why now would the NSA be warning the entire nation about an impending attack upon the United States power grid by the Chinese?
The NSA Warning
Admiral Mike Rogers, is now the director of the National Security Agency and commander of the U. S . Cyber Command. With regard to a Chinese EMP attack upon our power grid the NSA chief said that ‘All of that leads me to believe it is only a matter of when, not if, we are going to see something dramatic’.
If the NSA is so concerned with the Chinese taking down the U. S. power grid, then why did we invite both the Russians and the Chinese to participate in the Grid EX II drill last November 13th and 14th in which several government agencies practiced taking down the power grid with a simulated EMP attack?

This post was published at The Common Sense Show on 23 Nov, 2014.

In a Shift, Obama Extends US Role in Afghan Combat

President Obama decided in recent weeks to authorize a more expansive mission for the military in Afghanistan in 2015 than originally planned, a move that ensures American troops will have a direct role in fighting in the war-ravaged country for at least another year.
Mr. Obama’s order allows American forces to carry out missions against the Taliban and other militant groups threatening American troops or the Afghan government, a broader mission than the president described to the public earlier this year, according to several administration, military and congressional officials with knowledge of the decision. The new authorization also allows American jets, bombers and drones to support Afghan troops on combat missions.
In an announcement in the White House Rose Garden in May, Mr. Obama said that the American military would have no combat role in Afghanistan next year, and that the missions for the 9,800 troops remaining in the country would be limited to training Afghan forces and to hunting the “remnants of Al Qaeda.”

This post was published at NY Times

US Congress to Pressure for Lethal Military Aid to Ukraine: Senator McCain

The newly elected U.S. Congress will pass resolutions and apply pressure to U.S. President Barack Obama to provide Ukraine with lethal military assistance, U.S. Senator John McCain told Sputnik news in a Friday interview.
"We [Congress] will be talking a lot about it. We will pass resolutions. We will put every amount of pressure we can on this recalcitrant administration," McCain said when asked about the Obama administration's ongoing refusal to provide lethal military aid to the government in Kiev.
The Senator, who is expected to assume the chairmanship of the Senate Armed Services Committee in 2015, does not know whether the efforts by Congress will be successful.

This post was published at Sputnik News

Contrary To IRS Lies, Some 30,000 Lois Lerner “Forever Lost” Emails Have Been Recovered

It is unclear whether the person in charge of the Lois Lerner “disappeared IRS emails” strategy was also Dr. Gruber, but whoever conceived of the idiotic idea that the fatal failure of a local hard disk means that emails which are stored on at least one server miles away, and subsequently downloaded via POP3, IMAP or some other protocol, have vaporized, clearly also relied on the stupidity (and laziness) of the American people.
And like in the case of Obamacare, the lied worked, if only for a short period of time.
And because when it comes to lies coming from the very top, there is never just one cockroach, and they always inevitably scatter, the latest headache for a scandal-ridden president is that Lois Lerner’s email, supposedly gone in perpetuity, have mysteriously reappeared, and as the Washington Examiner reports, “up to 30,000 missing emails sent by former Internal Revenue Service official Lois Lerner have been recovered by the IRS inspector general, five months after they were deemed lost forever.”
As we suggested months ago, when the ridiculously idiotic excuse for Lerner’s email disappearance first emerged, all one needed to do to recover the emails was to go to the email server itself. Or, worst case, its backup. This is precisely what the U. S. Treasury Inspector General for Tax Administration (TIGTA) has done, and as he informed congressional staffers from several committees on Friday, 30,000 or so emails were found among hundreds of “disaster recovery tapes’ that were used to back up the IRS email system.

This post was published at Zero Hedge on 11/22/2014.

King Obama? Congressman Suggests a MOAT Around the White House After Gunman Scare

Obama has been acting like quite the king lately…so-much-so, in fact, that his progressive Organizing for Action group sent out an email last night with a picture of Obama next to a rising sun with a literal CROWN symbol inside of it:

But apparently some of our elected representatives are quite literally ready to back a monarch in this country.
First, there’s Texas Rep. Sheila Jackson Lee (D), who according to Bloomberg announced, ‘We will circle the president on fire. We will be on fire for rightness and justice,’ ahead of his amnesty move.

This post was published at The Daily Sheeple on November 21st, 2014.

There Is No Longer A Rule Of Law

This clown needs impeachment — now.
This is not an option for the House. Any President who willfully and wantonly refuses to faithfully execute the laws of this nation must be impeached and removed from office. It is a duty of the Congress, not an option that Congress has.
Tonight you heard Obama appeal over a young girl who “came here” and is a great student. He quoted scripture (not that I believe he has ever actually read it.) We all know Presidents don’t write their own speeches in the modern day, at least we do if we have a brain in our heads.
To declare that the law will not be enforced on a blanket basis for huge groups of people because the President disagrees with the Congress — which has the absolute right to set immigration policy — is a complete stick in the eye to any premise of The Rule of Law that you might believe remains.
I note that to refuse to decide is still a decision, and Congress is within its rights to do exactly that. Congress has no imperative to pass anything; it acts through absence of legislation more often than it legislates, in point of fact, and this is exactly what the founders intended — and how all Constitutional Republics that are functional operate.

This post was published at Market-Ticker on 2014-11-20.