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Saturday, May 12, 2012

Patriot group targets Bank of America

Bank of America, the nation's largest banking institution, is under fire from a patriot group for various infractions, including a corporate stance against the Second Amendment to the U.S. Constitution, according to Justin Combs of Arctic Patriot.

Combs is one among several concerned citizens who are circulating a declaration that calls on Americans to close their accounts, sell their stock, and cease doing any business at all with Bank of America.

While Combs states that Bank of America is not the source of the problem in the banking industry, it is a big part of it due to its sheer size and its willingness to throw its weight behind politicians who work to undermine the protected rights of the people as delineated in the Constitution.

Click here to continue reading at Anthony G. Martin's National Conservative Examiner.

Friday, May 11, 2012

The 2A News Roundup--Top Ten for Friday, May 11, 2012

All guns and politics from the best gun rights and liberty bloggers on the Internet.

Mike Vanderboegh felt good enough to post today, and here he has news about the GOP leadership in Congress and Eric Holder.

Brigid files a report on her latest trip to the firing range. Pics included.

David Codrea announces the winner of his gun rights letters to the editor contest.

Stand Up America outs Obama for his $40 THOUSAND DOLLAR PER PLATE fundraiser, while claiming he's all for 'middle America.' ROFL! $40 thousand per plate. Gosh-a-Moses, I could buy a new Ford Expedition for that!

Kurt Hofmann declares that the Coalition to Stop Gun Violence is nothing but a genocide enablement lobby.

The New York Liberty Report says that Sheriff Joe wants to see Barack Obama's draft registration.

From WRSA: "I Am Your Worst Nightmare." Read it.

Market Guru Karl Denninger explains why the JPMorgan Chase debacle matters.

Tam provides us with a few fitly spoken words on the demise of the Roman, British, and American empires. Good read.

GunRights4US names four high-tech ways the government is spying on us. Essential reading.

Major banker calls for breakup of largest banks in US

One of the nation's top bankers today called for the breakup of the largest banks in the United States, in response to yesterday's disclosure by the CEO of JPMorgan Chase that his bank had lost $2 billion dollars since April and may lose another billion in the next month.

The announcement sent shockwaves throughout the economy and the markets, driving stock prices downward.

Richard Fisher, president of the Dallas Federal Reserve Bank, stated that the nation's top five banks need to be split up into smaller entities due to their inadequate risk management.

Click here to continue reading at Anthony G. Martin's National Conservative Examiner.

Thursday, May 10, 2012

JPMorgan Chase losses send shock waves through economy

In an announcement that rocked the markets and sent shock waves through the economy late today, the CEO of JPMorgan Chase stated that the nation's largest bank had lost $2 billion dollars since April.
JPMorgan had been considered the most well managed bank of the major Wall Street firms that survived the financial meltdown of 2008.
However, today's announcement placed that designation in doubt as CEO Jamie Dimon admitted that the losses were due to "errors, sloppiness, and bad judgment." And CBS News reported this evening that market analysts have begun to question whether or not other large Wall Street banks were also in deep financial trouble, in spite of the fact that most received a massive bailout from taxpayers in 2009.

Mainstream America signals how it will vote in November

If several recent developments in the campaign of 2012 are any indication, the average voter is beginning to make up his mind concerning the presidential election in the fall.
Mainstream America is sending signals concerning how it will vote in November.
North Carolina went solidly for Obama in 2008. But on Tuesday the state voted by an overwhelming margin, 61% of the vote, to ban gay marriage. On the heels of that vote Obama stated yesterday that he has had a change of heart and now supports gay marriage.
In spite of polls showing that a little more than half of Americans say they support gay marriage, 41 states have laws that ban it. In recent years those laws have been strengthened by additional amendments in 31 states. Perhaps the polls are misleading.

Wednesday, May 09, 2012

Soros to pump millions into local grass-roots organizations

Billionaire financier George Soros is known for bankrolling the campaigns of high profile Democrats such as Hillary Clinton and Barack Obama. But according to a  report published by the New York Times on Monday, Soros intends to expand his strategy in order to pump millions of dollars into local grass-roots organizations.

Prior to the rise of Barack Obama to national prominence, Soros had already sent multimillions into the campaign coffers of Hillary Clinton. And when he financed the founding of John Podesta's Center for American Progress, he stated that the organization would be a think tank dedicated to the advancement of Hillary Clinton's political agenda.

David Horowitz at Discover the Networks stated unequivocally that the Center is Hillary Clinton's think tank and that it is Hillary and not Podesta who ultimately runs the organization.

Click here to continue reading at Anthony G. Martin's National Conservative Examiner.

Tuesday, May 08, 2012

The 2A News Roundup--Top Ten for Tuesday, May 8, 2012

All guns and politics from the best gun rights and liberty bloggers on the Internet.

The War on Guns has an important Mike Vanderboegh health update.

Nicki informs us of a very sad story of a military veteran who lost his wife of 65 years to a brutal attack.

The New York Liberty Report says that Fox News is reporting that Ron Paul will be a major power broker at the Republican Convention in Tampa.

Mike McCarville shares his take on the issue in saying that the Ron Paul folk are going to attempt an outright takeover of the Convention. Ahhh, drama!!

David Codrea reports that a growing number of Democrats are supporting Darrell Issa's efforts to bring Eric Holder and company to accountability.

The Wandering Minstrel has a very interesting wheel gun slide show. Take a look.

Pamela Geller was on Sean Hannity's Fox program last night and is on the air with him on the radio as we speak. The Soros people are going nuts, and they tried to pressure Hannity not to put her on the air.

Oleg Volk posts his latest pro-gun photography and graphic.

Squeaks provides the absolute must-read of the month!

The Smallest Minority shares a video of John Wayne opining about liberals. Now, say what you want about Wayne's acting ability (he was not one of the best, but he was the best at playing the character he developed for the screen--himself!), but I loved all of his movies and would much rather watch him today than most of the young Commies that inhabit Hollywood in the modern era. Wayne was bigger than the roles he played. He simply dominated the screen. No, he OWNED the screen!

New research exposes deep infiltration of U.S. government by Islamists

In a new eye opening document published today, a research analyst for Stand Up America exposes deep infiltration of the U.S. government by Islamists whose agenda is to gradually till the ground until America is more Shariah friendly.
The term "Islamist" is to be differentiated from "Muslim." While all Islamists are Muslims, not all Muslims are Islamists. Islamists encompass a variety of extremist groups that utilize a variety of methods and strategies to impose a radical interpretation of Islam on various populations throughout the world, including the United States.
One of the extremist groups in question is the Muslim Brotherhood, according to a researcher who goes by the name of Spongedocks, who works for retired Major Gen. Paul Vallely. Vallely founded Stand Up America after serving as Senior Military Analyst for Fox News for several years.

Musings After Midnight: France, the U.S., and the Definition of Insanity

Good evening, my friends. Or should I say, good morning! Here in the wee morning hours, well after midnight, we gather for these chats about the issues of the day.

Of course, the "chats" are rather one sided since you, the reader, are not allowed to engage in the conversation while it is being written. However, I hope you feel that you are, in fact, part of the conversation given the intimate nature of this discourse, the format of which is intentionally personal. I want you to feel that you are part of the give and take, mainly in that I am addressing myself directly to you in a manner that is personally and intimately candid, speaking directly from my heart and mind as the thoughts come. And this is not to mention that when I write these words I do so with the knowledge in mind that I am addressing specific issues with which I know you are grappling. I can hear in my mind your questions, your objections, your doubts, and even your validation of the points I make.

And then you are always welcome to have your say in the comment section. So you see, you are a part of this conversation each step of the way.

I wanted to address an issue that I know has been on the minds of many of you, and it is one that I have found myself mulling over with great concern, and that is  the French elections this past Sunday. President Sarkozy lost his reelection bid to a Socialist, mainly as an expression of deep concern on the part of the French electorate that the country faces the distinct likelihood of complete economic collapse.

Voters in most free nations routinely blame the top elected official for the economic status of the country, good or bad, whether such blame is deserved or not. In Sarkozy's case, it is a fate that was not deserved because he was, in fact, attempting to address a systemic problem that has swept through all of Europe--unbridled government spending, an unsustainable debt, and the lack of adequate revenue from which to draw in order to prop up the ever growing government nanny state.

Sarkozy implemented what any rational thinking person would do in such a circumstance. He implemented austerity measures designed to reign in the spending, roll back the expanse and extent of the nanny state, and attempt to insure that government spends no more than it takes in, just like any human being is forced to do when dealing with their own household.

But such policies do not come without pain. Those addicted to government programs will experience withdrawal when the money train is thwarted, and like all addicts they will kick and scream until the regular fixes are flowing freely again.

The French, thus, threw a tantrum over their predicament and placed someone in office who has assured them that their gravy train will be restored.

Of course, the new President has no concept of how these measures will be paid for. His views are abhorred by his EU counterparts who at the very least have recognized the source of the problem and have sought to reign in the out of the control spending that has characterized European nations for decades.

Turning a deaf ear to every sign and symptom of the disease that afflicts his nation and others in the EU, the new President has promised to kick up the government spending into high gear once again.

But with what? And how?

It is no secret that France and most of the nations of the EU are flat out of money. So how is this brave new world of socialist Utopia going to be financed.

Rational people must always remember that a Socialist must never be inconvenienced with cold hard fact. They don't know what to do with it and appear as if they are catapulted into a state of panic--and denial--when faced with it.

The truth is the man has no idea about what to do, except to continue to run up deficits and debt, which is the core of the problem that has led Europe to the brink of economic annihilation.

And this brings us to the definition of insanity.

When I was working in healthcare as a psychiatric and addictions chaplain, I was introduced to the definition of insanity as taught by those who treat persons who find themselves held in the death grip of dependency on dangerous substances. And it is the best definition of the word I have ever come across.

Insanity is doing the very same thing over and over, and expecting a different result each time.

Ever since the worldwide depression of the 1930s, Europe has done the very same thing over and over. It's manner of dealing with human problems and suffering is to let government handle it. Thus, you increase spending, and then you increase taxes to pay for it.

Spend and tax, tax and spend.

And surprisingly, a nation can exist for many years this way. But the key is that there must be an adequate tax base to pay for the government social programs. That is, enough citizens must make enough money and prosper enough so that government can extract enough tax revenue from them to pay for the expansion of goods and services to the populace.

But this constant upward spiral of taxation has a tipping point. Former Reagan economist Arthur Laffer identified this tipping point in his pinpoint precise observation of the problem that many have coined as 'the Laffer curve.'

The crux of Laffer's understanding of economics is that there is direct correlation between available taxable income and the rate of taxation that government imposes on its citizens. The higher the rate of taxation, after the tipping point, the less available income the citizens have at their disposal, which inevitably leads to a decrease in tax revenues.

Thus, the higher the government places the tax rate the less revenue the government receives from the taxpayers, although to some the concept seems to defy logic.

Reagan proved that Laffer was correct during the early 1980s when tax rates were dramatically lowered for all citizens across the board. Interestingly, in spite of lower tax rates, overall government revenues went up.

Europe proved the truth of the Laffer curve long ago. Thus, each time governments raise the tax rates on citizens to pay for an expansion of social programs, the actual net revenue that government receives decreases. This only exacerbates the problem of deficit spending and debt.

The result is a downward spiral leading to recession, then depression, and then ultimate economic collapse.

France has already seen the deadly effects of this policy. But, as is the case with all addicts, the insanity has become systemic. The nation continues to do what it has always done, but it expects a different result this time. Thus, the new Socialist President will do nothing but lead the nation further into the abyss.

Barack Obama and the Democrats who have been in charge of Congress during much of the past 6 years are the identical image of European politicians such as the new French President. Reckless taxing and spending led to the problem. But their proposals for fixing the problem is MORE reckless taxing and spending. Insanity, perhaps?

But don't blame the politicians entirely. The citizens who keep sending these people back to Congress year after year are also insane. They are doing the same thing they've always done while expecting a different result each time.

Have you ever stopped long enough to actually read and consider the massive tax increases Americans are set to face next year?

When ObamaCare was approved in 2009 by a House and Senate that were both under the control of Democrats, they decided that raising the revenue for the program would be deferred until after the 2012 elections.

Thus, in 2013, taxpayers are going to be hit with massive, drastic increases in taxes that will boggle the mind, create untold hardship, and cripple an economy that is already teetering on the edge of collapse. But even that will not be enough to pay for the program which is estimated to cost over 2 trillion dollars when it is all said and done.

Obama and the Democrats hope that they will be able to gain enough seats in Congress, maybe even retake control of the House, to insure that the Bush tax cuts will be allowed to expire. So, with the expiration of those tax cuts, plus the tax increases that are inherent in the ObamaCare program, the average middle class family in America is going to be hit with a freight train of at least 2000 to 2500 bucks PER YEAR in tax increases.

Are you able to afford that in this depressed economy?

And herein is the dirty little secret that is hidden in the Laffer curve. When government places such a heavy tax burden on the middle class, more and more are forced into bankruptcy, foreclosure, and other financial problems that can greatly hamper their ability to make an adequate living. In short, people go under. And when people go under they no longer have the income that the government can tax. Tax revenues plummet in spite of the tax and spending increases, and this leads to dramatic spikes in deficits and debt.

And so, my fellow Americans, unless we get rid of this insane crowd that has invaded our government in Washington, we are facing a trainwreck in 2013.

Which would be better in your opinion? Bite the bullet and cut spending and taxes dramatically so that in a few years we can get America back on a sound financial footing again, even though it may mean short term pain and self-denial? Or continue spending and taxing ourselves into oblivion so we can pay for massive social programs, although that will mean a downward spiral into an economic abyss so severe that not only will there be massive untold suffering on the part of this generation but many generations to come, including that of your grandchildren and great grandchildren?

I suppose your answer depends on whether or not you are insane...

Monday, May 07, 2012

The 2A News Roundup--Top Ten for Monday, May 7, 2012

All guns and politics from the best gun rights and liberty bloggers on the Internet.

David Codrea notes that some RINOS up in Indiana are trying to get the quintessential RINO, Dick Luger, reelected. Most Republicans I talk to want him gone. Of course, most of my contacts are conservatives.

Stand Up America gives a detailed explanation as to why Marco Rubio should NOT be the Republicans' choice for VP. It's not because he's not a good conservative who makes an excellent Senator. It's because of a Constitutional issue pertaining to PRESIDENTS.

Kurt Hofmann says that a certain anti-gun group maintains that Fast and Furious guns are not being used for violence in any way whatsoever--not here and not in Mexico. ROFL!!

WRSA provides a must-read from none other than Ann Barnhardt, the financial guru who shut down her brokerage firm because she said she could no longer in good conscience recommend that her clients purchase ANYTHING offered in the markets.

Tam makes an important point on why it is of vital necessity to vote in primaries and other elections, regardless of whether or not it has anything to do with the presidential vote.

Brigid provides a report from the firing range yesterday.

CLO says that the TSA continues to abuse us and that terrorists are in our midst.

Alphecca highlights the fact that at least one student at the University of Wisconsin gets it right on the Second Amendment.

Around O Town urges us to check out what's going on up in Godfather Rahm "Dead Fish" Emanuel's gun-free paradise, otherwise known as Chicago.

Days of our Trailers has more on that wonderful role model of what non-violence can be like in America when you ban guns--up in that Utopian world of "Dead Fish's" Chicagoland.

Republican elites attempt to rewrite history in Palin bash

A report published today at Breitbart indicates that Republican elitists of the D.C. establishment are trying to rewrite history in a recent coordinated effort at Sarah Palin bashing, apparently in an attempt to save their own political reputations in the aftermath of a poorly run campaign in 2008.
The numerous miscues of John McCain's handlers still haunt the Republican Party establishment to this very day.
During the 2008 presidential campaign the Republican nominee found it nearly impossible to gain any traction in his attempt to catch up to Barack Obama in the polls. 
McCain ran behind Obama during the entirety of the campaign, except for one brief period that lasted only a few weeks just after he chose former Alaska Governor Sarah Palin as his running mate.

Sunday, May 06, 2012

Gruesome murders indicate worsening drug cartel violence

Friday was the deadliest day yet in the drug cartel wars near the southern border in Mexico as 23 people were found dead in a gruesome outbreak of violence.
Fourteen headless bodies were discovered stuffed inside a van near the Mexican city of Nuevo Laredo, which is located just across the border from Laredo, Texas. Nine more bodies were found hanging from a bridge along a major highway in the area, much to the horror of motorists.
The heads of the fourteen found in the van were stuffed into ice boxes and left outside of city hall in Nuevo Laredo, one mile from the U.S. border.