Standard of Living – Madison, Wisconsin

Imagine if you started a corporation that stole money from people in your community and called this taxation and hired employees to facilitate in stealing this money and spending it on themselves and then calling your employees “public servants”?  Does that sound like a good business plan?

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Tags: business plan, corporation, employees, government, money, steal, taxes, theft

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Tags: Add new tag, austrian economics, economy, finance, free market, money, morning joe, msnbc, peter schiff, predicted, prediction, production, saving, wisconsin

Tags: borrow, darth vader, death star, debt, debt star, hope, inflation, money, obama, president, savior, spend, star wars

Wisconsin has a terrible set of Congress critters.  Five of them were recently found guilty of voting to enslave children, elderly, and poor individuals to a decreased standard of living because of the inflation necessary to pay for the bailouts AND bonuses they authorized to AIG employees.  In the photo above, you see those that were forced to pay for AIG bailouts and bonuses setting up home outside of AIG headquarters because the inflation of the money supply has destroyed their savings and they can no longer afford shelter.  This is a sad truth of what is coming around the corner due five guilty Congress members in Wisconsin.

Wisconsin Congress Members Found Guilty Of Voting Yes To Authorize AIG Bonuses:

1. Tammy Baldwin
2. Ronald Kind
3. Gwen Moore
4. Steve Kagen
5. David Obey

All five voted to make the children, elderly, and the poor of Wisconsin economic slaves to AIG by not giving them an option to to opt-out of the requirement to give a portion of their current and future incomes to AIG employees.  These individuals also were not given an option to opt-out of the increase in prices of food and shelter that will soon occur because of the increased printing of U.S. dollars out of thin air they authorized to pay for the AIG bonuses and bailout.  I’m sorry.  Why do these criminals in Congress vote yes to print bailout money out of thin air which destroys the value of current money saved and raises food and shelter costs for everyone?

I wonder if Ron Kind is going to give back all that money AIG gave him in 2008?  I bet that money they slid him was a good reason for him to approve all those AIG bonuses!

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Tags: AIG, bailout, bonus, congress, cost-of-living, david obey, economy, f. james sensenbrenner jr., government, guilty, gwen moore, inflation, money, paul ryan, ronald kind, slave, steve kagen, tammy baldwin, taxes, thomas petri, vote

If you are one of the above, then answer this question:  “What is the Federal Reserve, and why do we need it?”

If you cannot answer the question then you are extremely ignorant.  I say extremely because as a private bank, the Federal Reserve has a monopoly on setting interest rates and printing money.  Hardly a small force they play in the economy.  Why do they have a monopoly?  Is it necessary?  What are the side-effects of allowing a private bank to have such a monopoly?  Why do we have anti-trust laws but don’t apply them to America’s largest bank?  Why does America’s largest bank go 100% unregulated?

I know the answers to these questions, which is why I think people should be asking these questions and know the answers.  I laugh at Progressives and liberals of all stripes that cry aloud for more regulation, yet the largest private bank that has a 100% monopoly on setting interest rates and printing money goes unrecognized by them.  Most of the people of the left have absolutely no understanding or care about this private bank.  Conservatives likely have no clue either or fallaciously believe it is part of a free market.  Unlike the woefully ignorant individuals on the left and right, I believe this decrepit institution needs regulation, transparency, and possibly outright abolition.  Maybe more people of the left would believe this also if they knew anything about this bank.  But, one state of being is not knowing what you don’t know.  That is a dangerous state of being though.

Where are the Progressives and liberals on this issue of regulation?  When will they pull their heads out of the sand?

One reason that Progressives and liberals should care is as Thomas E. Woods says, “If you want to stop the war machine, you have to go after the money machine”.

Help get the word out about the Fed by helping Get Tom On TV!  Watch this quick video of Tom and get a small clue yourself.

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Tags: Federal Reserve, Get Tom On TV!, iraq veterans against the war, liberal, money, progressives, thomas e. woods, wisconsin