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	<title>Rush Limbaugh Sites &#187; Economy</title>
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	<description>The Best of Rush Limbaugh Featured Sites</description>
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		<title>Are You Prepared for the Collapse of America?</title>
		<link>http://www.rushlimbaughsites.com/economy/are-you-prepared-for-the-collapse-of-america-1382/</link>
		<comments>http://www.rushlimbaughsites.com/economy/are-you-prepared-for-the-collapse-of-america-1382/#comments</comments>
		<pubDate>Mon, 12 Dec 2011 21:50:12 +0000</pubDate>
		<dc:creator>VicBils</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[economic collapse]]></category>
		<category><![CDATA[financial terrorism]]></category>
		<category><![CDATA[government loans]]></category>
		<category><![CDATA[middle eastern countries]]></category>
		<category><![CDATA[mortgage meltdown]]></category>
		<category><![CDATA[reserve currency]]></category>
		<category><![CDATA[terrorism]]></category>

		<guid isPermaLink="false">http://www.rushlimbaughsites.com/?p=1382</guid>
		<description><![CDATA[<p>How many warnings do you need to hear before you begin to prepare for what is coming?  </p>
<p>Folks, <strong>I&#039;m convinced the economic collapse has already begun</strong>.  What started in 2008 as the mortgage meltdown has only accelerated since then and things have been going from bad to worse every day.  The financial terrorism perpetrated by the elite has now spread like a virus throughout the world financial systems.</p>
<p><a href="http://www.rushlimbaughsites.com/economy/are-you-prepared-for-the-collapse-of-america-1382/" class="more-link">More on Are You Prepared for the Collapse of America?</a></p>


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			<content:encoded><![CDATA[<p>How many warnings do you need to hear before you begin to prepare for what is coming?  </p>
<p>Folks, <strong>I&#039;m convinced the economic collapse has already begun</strong>.  What started in 2008 as the mortgage meltdown has only accelerated since then and things have been going from bad to worse every day.  The financial terrorism perpetrated by the elite has now spread like a virus throughout the world financial systems.</p>
<p>There may not be much time left to prepare your family for the final collapse of the world economies as we&#039;ve known them.  The Euro has been teetering on total collapse for some time and that ponzi scheme will soon come to an end.  </p>
<p>We&#039;ve recently learned that Greece and Italy are replacing their politicians with <strong>&#034;technocrats&#034;</strong>.  These are new world order bureaucrats, bankers and accountants, people that are NOT elected or accountable to the citizens but  instead focused on the technical control of decision making in their countries.  In other words, using technology to overcome the shortfalls of democracy.</p>
<p>Jim Puplava reminds us that bureaucrats have three rules they operate under:</p>
<ol>
<li>They have to give lip service to their public function.</li>
<li>They have to defend their position at all cost, even at the expense of their public function.</li>
<li>When caught with their hand in the cookie jar (look at MF Global and John Corzine), to deny accountability.</li>
</ol>
<p><strong>Once the Euro collapses, the almighty dollar is next.</strong></p>
<p>The American taxpayer has already ponied up for banker bailouts, auto-maker bailouts, corporate bailouts, international bank bailouts, and sovereign debt bailouts.  State governments are broke and will be wanting a bailout soon.  We have witnessed $ millions lost in government loans to bankrupt Washington cronies.  The U.S. dollar has been devalued through inflation (FED money printing), the government has had its credit rating reduced, and the dollar is on its last breath of being the reserve currency of the world.  And, just in the past couple of weeks, we&#039;re learning of <a href="http://www.mysilverinvestment.com/gold-trading/mf-global-looted-customers%E2%80%99-accounts-via-internal-bank-run/">$ millions more being stolen</a> from the segregated cash accounts of MF Global clients.  This may be the precursor to the looting of your savings accounts, 401K&#039;s, and pension plans.</p>
<p>Resistance to the tyranny has been building throughout the world as well.  We&#039;ve watched the peoples of Middle Eastern countries rise up to overthrow their dictatorial leaders and we&#039;ve seen the brutal reprisals on both sides.  People have taken to the streets throughout Europe in resistance to the economic tyranny foisted on them.  And we&#039;re now seeing people in America taking to our streets in opposition to Wall Street.</p>
<p>Wake up people and smell the coffee.  The warning signs are getting louder as the world is coming unglued.</p>
<p>I don&#039;t know what the final outcome of all this will look like, but I do believe that you should be getting prepared for whatever the end game is.  Sticking your head in the sand and ignoring what is going on will only lead to your enslavement and/or destruction.  </p>
<p>Using terrorism as their excuse, governments around the world have been constructing a control grid around us to deny our God given rights and to ultimately dominate us into submission.  In America, the TSA and Department of Homeland Security has been used to monitor and control our movements in a much more efficient manner than did the Nazi&#039;s in Europe six decades ago.  Our government listens to our telephone conversations, reads our emails, and tracks our buying behaviors.  They have arrested and killed American citizens without due process and are deploying troops to our cities to maintain order. And, Congress is now debating S.1867, the <a href="http://www.newworldorderinfo.com/patriot-act/957/will-you-be-arrested-under-the-national-defense-authorization-act/" target="_blank">National Defense Authorization Act</a>,  that would permit the mass arrest of American citizens and indefinitely detaining them without trial or charge.</p>
<p>The technocratic grid is now in place and it&#039;s only a matter of time before the gates of freedom are slammed shut, locking us all into their <a href="http://www.jeremiahproject.com/newworldorder/nwoarguments.html" target="_blank">global scientific dictatorship</a>.</p>
<p>When that happens&#8230; it will be too late.</p>
<p>What have you done to prepare?  Anything?</p>
<p>Do you even have any idea of a plan for what you might do when this happens?</p>
<p>As I said before, sticking your head in the sand and ignoring what is going on will only lead to your enslavement and/or destruction. The German people ignored what Adolph Hitler built as he enslaved and murdered millions of people.</p>
<blockquote><p>Those who do not know history&#039;s mistakes are doomed to repeat them.</p></blockquote>
<p>If the human race does not wake up soon to history&#039;s mistakes and demand a different path, we are doomed.  For example, if America does not return to our Constitutional roots and rule of law, we will ultimately find ourselves on the ash heap of history.  America will become just another &#034;has been&#034; third-world country, if she survives at all.</p>
<p>In the meantime, there are perhaps some things you can do to prepare for the coming calamity and ease the difficulties on the horizon.  At a minimum, you should be taking measures to <a href="http://www.foodreservesonline.com" target="_blank">feed yourself</a> and your family as food becomes more scarce.  You should be <a href="http://www.mysilverinvestment.com" target="_blank">accumulating gold and silver</a> to be used as barter and/or to protect your financial well-being.  You should be preparing to defend yourself and your family when the chaos (SHTF) erupts.  And you should be strengthening your mind and heart with God&#039;s Holy Word as it will determine your ultimate destiny.</p>
<p>Folks, I don&#039;t want to be fear mongering &#8211; even though it might sound like it.  I am only pleading with you to be prepared for the worse while you continue to hope for the best.  Even if none of these dire predictions come to pass, you will have lost nothing if you have prepared.  </p>
<p>On the other hand, if you have not prepared and these things do happen, you will likely lose everything.</p>


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		<title>MF Global Money Now “Missing” After Reports It Was Sent To JP Morgan</title>
		<link>http://www.rushlimbaughsites.com/economy/mf-global-money-now-%e2%80%9cmissing%e2%80%9d-after-reports-it-was-sent-to-jp-morgan-1362/</link>
		<comments>http://www.rushlimbaughsites.com/economy/mf-global-money-now-%e2%80%9cmissing%e2%80%9d-after-reports-it-was-sent-to-jp-morgan-1362/#comments</comments>
		<pubDate>Thu, 17 Nov 2011 19:07:55 +0000</pubDate>
		<dc:creator>VicBils</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[futures brokerage]]></category>
		<category><![CDATA[Gerald Celente]]></category>
		<category><![CDATA[jp morgan chase]]></category>
		<category><![CDATA[jpmorgan chase]]></category>
		<category><![CDATA[koch brothers]]></category>
		<category><![CDATA[mf global]]></category>
		<category><![CDATA[wall street journal]]></category>

		<guid isPermaLink="false">http://www.rushlimbaughsites.com/?p=1362</guid>
		<description><![CDATA[<p align="left">Over $600 million dollars in customer funds that was transferred out of MF Global in a wave of suspicious trades before the collapse of the financial broker has now been declared “missing,” despite the fact that reports earlier in the month stated the money had been placed in an account with Wall Street giant JP Morgan.</p>
<p><a href="http://www.rushlimbaughsites.com/economy/mf-global-money-now-%e2%80%9cmissing%e2%80%9d-after-reports-it-was-sent-to-jp-morgan-1362/" class="more-link">More on MF Global Money Now “Missing” After Reports It Was Sent To JP Morgan</a></p>


]]></description>
			<content:encoded><![CDATA[<p align="left">Over $600 million dollars in customer funds that was transferred out of MF Global in a wave of suspicious trades before the collapse of the financial broker has now been declared “missing,” despite the fact that reports earlier in the month stated the money had been placed in an account with Wall Street giant JP Morgan.</p>
<p align="left"><a href="http://www.prisonplanet.com/mf-global-looted-customers-accounts-via-internal-bank-run.html" target="_blank">As we reported yesterday</a>, clients of MF Global and its subsidiaries, including prominent trends forecaster Gerald Celente, were shocked to learn that their accounts had been emptied by Chapter 11 trustees. The looting took place in the days before MF Global’s collapse following revelations that the broker was exposed to crisis-hit European debt bonds.</p>
<p align="left">However, weeks beforehand, billionaire investors like the Koch brothers had the miraculous foresight to withdraw all their money, prompting accusations that <a href="http://www.huffingtonpost.com/daniel-dicker/the-koch-brothers-and-mf-_b_1089906.html" target="_blank">big players got a ‘heads up’ in advance</a> of the firm’s collapse.</p>
<p align="left">“The missing $600 million has still not been located despite an army of regulators, investigators, lawyers and others descending on the disgraced futures brokerage to conduct a search. Judging from media reports, people are still at a complete loss to explain how so much in client money could just disappear,” <a href="http://www.fiercefinance.com/story/missing-600-million-still-not-found-mf-global/2011-11-17" target="_blank">reports Fierce Finance</a>.</p>
<p align="left">News reports concerning the notion that the money has seemingly vanished into thin air are absent any mention of prior reports that confirmed the funds had been deposited with JP Morgan Chase.</p>
<p align="left"><a href="http://www.ft.com/cms/s/0/1b59c1bc-06e2-11e1-90de-00144feabdc0.html#axzz1dt6f1l7D" target="_blank">On November 4, the Financial Times reported</a> that hundreds of millions in looted funds from customers’ accounts later “turned up at JPMorgan Chase, the failed broker-dealer’s custody bank.”</p>
<p align="left">Citing a report in the Wall Street Journal, <a href="http://www.foxbusiness.com/industries/2011/11/04/does-jpmorgan-have-missing-mf-global-client-funds/" target="_blank">Fox Business also reported </a>that MF Global, “recently discovered that about $659 million of its customer segregated accounts resided in an account at banking heavyweight JPMorgan Chase (JPM).”</p>
<p align="left">However, after JP Morgan claimed the funds found in its account “isn’t the missing money” stolen from MF Global clients, the story went cold, despite MF Global executives claiming otherwise. Either MF Global or JP Morgan are telling porkies.</p>
<p align="left"><a href="http://www.calgaryherald.com/business/Global%2Breturn%2Bfunds%2Bcuts%2Bmore%2Bjobs/5725823/story.html" target="_blank">The lawyer for James Giddens</a>, the trustee supervising the liquidation of the MF Global, said “Exactly what happened, I don’t think anyone knows,” in reference to the missing $600 million.</p>
<p align="left">Thousands of irate customers have been told they will only get around 60 per cent of the money back that was in their accounts, a total release of $520 million, despite the fact that Giddens has access to more than $1.4 billion.</p>
<p>Article written by Paul Joseph Watson<br />
<a href="http://www.infowars.com" target="_blank">Infowars.com</a><br />
Thursday, November 17, 2011</p>
<p>Read more about <a href="http://www.mysilverinvestment.com/gold-trading/mf-global-looted-customers%E2%80%99-accounts-via-internal-bank-run/" target="_blank">MF Global Looted Customers’ Accounts Via Internal Bank Run</a> and watch the videos with Gerald Celente.</p>


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		<title>Bankrupt State Governments, More Payer Pain, And No End In Sight</title>
		<link>http://www.rushlimbaughsites.com/economy/bankrupt-state-governments-more-payer-pain-and-no-end-in-sight-1359/</link>
		<comments>http://www.rushlimbaughsites.com/economy/bankrupt-state-governments-more-payer-pain-and-no-end-in-sight-1359/#comments</comments>
		<pubDate>Sat, 12 Nov 2011 21:33:15 +0000</pubDate>
		<dc:creator>VicBils</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[employee pensions]]></category>
		<category><![CDATA[illinois state comptroller]]></category>
		<category><![CDATA[income tax rates]]></category>
		<category><![CDATA[state budget officers]]></category>

		<guid isPermaLink="false">http://www.rushlimbaughsites.com/?p=1359</guid>
		<description><![CDATA[<p>Fascinating, if depressing, analysis in the February 11, 2011 issue of The Week magazine concerning the dire financial straits of our state governments. As a word of caution, please do not read the following if you have a weak stomach or you really believe the economy is going to get extremely nutritious in the subsequent few many years (it is not):</p>
<p><a href="http://www.rushlimbaughsites.com/economy/bankrupt-state-governments-more-payer-pain-and-no-end-in-sight-1359/" class="more-link">More on Bankrupt State Governments, More Payer Pain, And No End In Sight</a></p>


]]></description>
			<content:encoded><![CDATA[<p>Fascinating, if depressing, analysis in the February 11, 2011 issue of The Week magazine concerning the dire financial straits of our state governments. As a word of caution, please do not read the following if you have a weak stomach or you really believe the economy is going to get extremely nutritious in the subsequent few many years (it is not):</p>
<p>- According to the Illinois state comptroller, Illinois is basically a &#034;deadbeat state&#034; that had to raise its individual income tax rates 66% and has just stopped paying the money it had previously committed to schools and a host of other creditors. The Week had reported in 2010 that bullet suppliers to Illinois law enforcement agencies had stopped shipping them bullets since the state government had not paid its outstanding bullet expenses.</p>
<p>- California is issuing nonredeemable IOUs in an try to maintain its creditors at bay.</p>
<p>- Arizona has sold off its state House and Senate buildings, obviously a one time, desperate grab for cash.</p>
<p>- Arizona&#039;s state Medicaid fund has stopped covering organ transplants.</p>
<p>Camden, New Jersey, the second most unsafe city in America, just laid off 167 of its 373 police officers.</p>
<p>- The National Association Of State Budget officers expects state tax receipts to fall off 6.five% beneath 2008 ranges and it estimates that it could be up to 5 many years just before tax receipts recover to 2008 ranges.</p>
<p>- Despite this fall off in revenue, Medicaid and state employee pension obligations will continue to rise under contracts signed when the economic climate was healthier. Therefore, if overall revenues go down, Medicaid and state employee pensions go up, in all likelihood colleges, roads, bridges, social assistance applications, etc. will get much less and much less income above time.</p>
<p>- A single social plan that is already in deep difficulty is the money utilised by state and nearby governments to bury indigent people who have passed away. For illustration, in Wayne County, Michigan, the county that includes Detroit, the local government finances are so bad and quick that the local coroner can&#039;t afford to bury 185 bodies and has to just store them in a vault. Some of the bodies have been there for over two many years, with no sign that funds will be offered quickly to bury them.</p>
<p>- Federal stimulus income, which had been delaying the discomfort of revenue shortfalls, are nearly all utilized up.</p>
<p>- All but ten states are expected to post deficits this year requiring spending budget cuts or tax hikes to get back in balance.</p>
<p>- In total, all states are expected to be about $140 billion brief of revenue to cover expenses, with 5 states, California, Texas, New Jersey, New York, and Texas accounting for about half of the $140 billion. Each U.S. household would have to be assessed an extra $1,200 in taxes just to cover the shortfall.</p>
<p>- Andrew Cuomo, the new governor of New York, is proposing deep cuts in state Medicaid benefits to the poor, wage freezes for state employees,and the elimination of some state agencies.</p>
<p>- New California governor, Jerry Brown, is proposing $12.five billion in spending budget cuts that will hit state universities, welfare programs, and healthful care for the poor along with the continuation of tax improve for a selection of state taxes.</p>
<p>- State government employee pensions systems are facing a $1 TRILLION shortfall in unfunded pension obligations. To cover this shortfall, every U.S. household would have to come up with just below $9,000 in added taxes which does not contain the $1,200 estimate above to just close the latest budget deficits.</p>
<p>Nasty, ugly situation. Can authorities quoted in the post offer you an insights on how to resolve the issue:</p>
<p>- Felix Rohatyn, an investment banker who steered New York City via a negative budget time in the 1970s: &#034;I do not like to play the scared rabbit but I just don&#039;t see wherever the end of this is.&#034;</p>
<p>- Jerome Powell of the Bipartisan Policy Center: &#034;Governments are the biggest employers in the nation. To have spending cuts and tax increases is going to be a burden on economic growth for many years to come.&#034;</p>
<p>- New Jersey governor Chris Christie: &#034;No one particular can be shielded from this reality any longer &#8211; not policemen, not firefighters, not teachers.&#034;</p>
<p>- Economic analyst Meredith Whitney who predicted the sub prime mortgage collapse: &#034;The debt crisis in states and cities is the biggest threat to the U.S. economic climate. It has tentacles as broad as anything at all I&#039;ve noticed.&#034;</p>
<p>Fantastic, even the so-called professionals do not see an ending to this fiasco that is a very good ending. The report concludes there are only two remedies, each of which are extremely painful:</p>
<p>1) Extreme cuts across the board in all state and regional government companies including either substantial give backs by government employee unions regarding pensions and wellness care or substantial layoffs.</p>
<p>two) Adjustments in Federal law that would allow state and nearby governments to go by way of a bankruptcy method, purging itself of its debts and obligations, permitting it to commence anew with a clean economic slate. Nonetheless, the post points out that there is a significant downside to the bankruptcy solution. It points out that the final U.S. state to default on its debt was Arkansas in 1933. While it cleaned up its financials, it ruined its credit rating producing it a &#034;fiscal pariah&#034; for a very lengthy time, so prolonged that the state government could not get financing to create a single road for over 16 years.</p>
<p>Nothing at all fairly about the predicament or the remedies. Nonetheless, the most insightful comment in the article was from Governor Chris Christie when he informed a disgruntled police officer at a recent town meeting, &#034;Don&#039;t be angry at the very first guy who told you the truth.&#034; The numbers are also overpowering, also massive to ignore, the truth can no longer be avoided. The above scenario is the reality and at least one politician, Christie, understands this reality. Understanding reality is the 1st step back to dealing with reality.</p>
<p>However, until we discover a way to adjust election laws, processes, and mindset, we are going to be stuck trying to solve the above difficulty with the exact same individuals that got us into the circumstance to commence with, the American political class.</p>
<p>And the exact same difficulty the states are facing are orders of magnitude worse at the Federal level. We are about to hit a $14 TRILLION debt degree within weeks at the Federal level, a debt load that will burden every U.S. household with about $120,000 in debt in addition to the $10,000 or so that the state and local governments have burdened each and every household with.</p>
<p>The large question is when will a person of importance take the same stand that Christie took, recognize reality, and inform it like it is? Offered the inept and feeble attempts by Obama and the rest of the political class, both Republican and Democrat, to understand the fiscal chaos reality at the Federal degree and lead the nation through the hard alternatives, we are in a possible death spiral that is only going to get worse.</p>
<p>To break this death spiral, the following steps, at a minimum, need to have to be implemented by a leader with some courage and backbone, one that at present does not reside at 1600 Pennsylvania:</p>
<p>- Step 1 &#8211; minimize government budgets and expenditures by 10% a year for 5 many years in order to root out and kill non-vital programs, expenses and fees, wasteful spending, redundant government functions, and political earmarks.</p>
<p>- Step 2 &#8211; step up law enforcement actions to minimize fraud and criminal embezzlement of government programs such as Medicare.</p>
<p>- Step 3 &#8211; get rid of the standard pension benefit for all newly hired Federal government staff.</p>
<p>- Step 4 &#8211; put Social Security on a strong economic basis by raising the retirement age, decreasing or capping payouts to wealthy Americans, and uncapping the revenue maximum although decreasing the Social Safety tax rate.</p>
<p>- Step 5 &#8211; repeal the costly Obama Care plan and replace it with a plan that in fact addresses the correct root causes of our well being care crisis although lowering well being care fees.</p>
<p>- Step 6 &#8211; bring back most of the U.S. troops deployed overseas, we can no longer afford to police the globe with our troops.</p>
<p>- Step 7 &#8211; make Congressional pay raises primarily based on overall performance and high quality, not automatic.</p>
<p>- Step 8 &#8211; prohibit any Congressional member who has a net really worth of over $three million to draw a salary although in workplace.</p>
<p>- Step 9 &#8211; And the most essential step of all, impose strict term limits on all political offices. The genuine cause why we are in this economic jam is because our politicians continue to give away monetary stability and typical sense in order to get either votes or campaign donations for their subsequent.</p>
<p>As prolonged as they can run for office once more, they have and will make the nation&#039;s properly currently being subservient to their election needs. Whether that is providing earmarks to campaign donors, sweetening the pay, retirement, and benefit packages of unions, and so on., the chance to get re-elected has to be removed in order to free up workplace holders to do the right thing.</p>
<p>You can not ignore reality and the reality is not good. The pain will come and the discomfort will be significant. By not taking pre-emptive action at the state and neighborhood levels, taxpayers and citizens are being made to suffer tax increases and service cuts. By not taking action at the Federal levels, comparable bad points will occur to excellent people. The longer we wait, the worse the discomfort will be.</p>
<p>And provided the absence of term limits, the absence of a plan to address the reality, and the absence of courage and fortitude at all levels of the political class, with the probable exception of Governor Christie, absolutely nothing will get done until following November 2012, a two year delay that will just make the eventual discomfort that significantly worse.</p>
<p>-<a href="http://www.toptaxinfo.com" target="_blank">top tax info</a></p>
<p>-<a href="http://www.toptaxinfo.com" target="_blank">tax info</a></p>
<p>-<a href="http://makemoneyadvertising.info/" target="_blank">make money</a></p>


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		<title>Unconstitutional Super Committee Proposes $1.3 Trillion in New Taxes</title>
		<link>http://www.rushlimbaughsites.com/economy/unconstitutional-super-committee-proposes-1-3-trillion-in-new-taxes-1349/</link>
		<comments>http://www.rushlimbaughsites.com/economy/unconstitutional-super-committee-proposes-1-3-trillion-in-new-taxes-1349/#comments</comments>
		<pubDate>Thu, 27 Oct 2011 22:50:27 +0000</pubDate>
		<dc:creator>VicBils</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[deficit reduction]]></category>
		<category><![CDATA[massive tax increase]]></category>
		<category><![CDATA[Warren Buffett]]></category>

		<guid isPermaLink="false">http://www.rushlimbaughsites.com/?p=1349</guid>
		<description><![CDATA[<p>Super Committee Democrats have released details on their so-called deficit reduction plan… and it ain’t pretty.</p>
<p>In order to pay back the bankers for money created out of thin air by the Federal Reserve and then loaned to Congress so it can continue to <a href="http://www.warresisters.org/pages/piechart.htm">wage mass murder campaigns and pay for old ones</a>, the Democrats want – surprise, surprise – to significantly raise taxes.</p>
<p><a href="http://www.rushlimbaughsites.com/economy/unconstitutional-super-committee-proposes-1-3-trillion-in-new-taxes-1349/" class="more-link">More on Unconstitutional Super Committee Proposes $1.3 Trillion in New Taxes</a></p>


]]></description>
			<content:encoded><![CDATA[<p>Super Committee Democrats have released details on their so-called deficit reduction plan… and it ain’t pretty.</p>
<p>In order to pay back the bankers for money created out of thin air by the Federal Reserve and then loaned to Congress so it can continue to <a href="http://www.warresisters.org/pages/piechart.htm">wage mass murder campaigns and pay for old ones</a>, the Democrats want – surprise, surprise – to significantly raise taxes.</p>
<p>“Democrats have proposed a framework for the&nbsp;Super Committee&nbsp;that multiple&nbsp;aides confirm is around $3 trillion in deficit reduction over the next decade through a cocktail of cuts to entitlements, including Medicare, and as much as $1.3 trillion in new tax revenues,” <a href="http://abcnews.go.com/blogs/politics/2011/10/details-of-dem-proposal-leak-out-of-super-committee-gop-silent-on-next-move/" target="_blank">ABC</a> reported yesterday.</p>
<p>In order to sell a massive tax increase, Democrats will oppose cuts to Medicaid and Medicare and demand taxes on the so-called rich (now defined as a person who makes $250,00 a year).</p>
<p>“The people of this country are looking for fairness.&nbsp; They are sitting in and sitting down to protest the unwillingness of government to legislate with their best interests in mind.&nbsp; These proposals rob from the poor, the sick and the elderly, the very least among us,” said Rep. John Lewis, D-Ga.</p>
<p>During the super committee dog and pony show, an OWS protester found her way to the floor and interrupted testimony. She called for taxing the rich and ending the wars (as if the two proposals are inseparable). See the video below.</p>
<p><object id="cspan-video-player" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0" height="500" width="410"><param name="allowScriptAccess" value="true"><param name="quality" value="high"><param name="allowFullScreen" value="true"><param name="flashvars" value="system=http://www.c-spanvideo.org/common/services/flashXml.php?programid=263763&amp;style=full&amp;start=5243&amp;end=5305"><param name="src" value="http://www.c-spanvideo.org/videoLibrary/assets/swf/CSPANPlayer.swf?pid=302303-1&amp;start=5243&amp;end=5305"><param name="allowscriptaccess" value="always"><param name="allowfullscreen" value="true"><param name="pluginspage" value="http://www.macromedia.com/go/getflashplayer"><embed id="cspan-video-player" type="application/x-shockwave-flash" src="http://www.c-spanvideo.org/videoLibrary/assets/swf/CSPANPlayer.swf?pid=302303-1&amp;start=5243&amp;end=5305" allowscriptaccess="true" quality="high" allowfullscreen="true" flashvars="system=http://www.c-spanvideo.org/common/services/flashXml.php?programid=263763&amp;style=full&amp;start=5243&amp;end=5305" pluginspage="http://www.macromedia.com/go/getflashplayer" height="500" width="410"></object></p>
<p>Any call for taxing the rich (an idea fronted by billionaire Warren Buffett and adopted by grateful Democrats) will naturally result in further eroding the middle class. Most of the “rich” who will fall under the gun (literally) are millionaires who own businesses that provide most of the jobs in this country. Billionaires and the mega-rich like the Rockefellers and the Gates don’t pay taxes – they sock their wealth into foundations.</p>
<p>After the $250,000 and above “rich” (up to the untouchable multi-billionaires who never pay taxes, as Buffett admitted) are taxed out of existence, the federal leviathan beast will turn on the middle class to raise revenue to pay for manufactured deficits (and a truly unplayable national debt) it insists we owe the bankers.</p>
<p>Of course, when the corporate media reports about such things, they never talk about the process of deficit spending. Here’s how it works, as explained by <a href="http://www.lewrockwell.com/paul/paul740.html" target="_blank">Ron Paul</a>:</p>
<blockquote><p>Both the public and most members of Congress do not understand the mechanics of how the Fed and the Treasury Department work together to create new money and new debt. It’s a circular process, but one that affects all Americans perhaps even more than the actions of their elected Congress.</p>
<p>In order to borrow money the Treasury department creates new debt securities, which it sells at auction to banks. However, banks generally do not maintain excess liquidity for the purchase of additional assets, but rather loan out funds up to the limit of their reserve requirements.</p>
<p>In order to facilitate the purchase of new Treasury debt, the Federal Reserve creates money out of thin air to purchase old Treasury debt from the dealers in the market. Banks then find themselves holding excess reserves, which they wish to get rid of by purchasing new assets– in this case newly issued Treasury debt.</p>
<p>These new excess reserves have an expansionary effect on the banking system. Given a reserve requirement of 5% and thus a money multiplier of 20, $1 billion of asset purchases by the Fed can result in $20 billion of new credit creation, as the initial $1 billion is loaned out through the banking system. This entire system is purely inflationary and causes prices to rise and the purchasing power of the dollar to fall.</p>
</blockquote>
<p>If we continue playing the deficit game designed to enrich the bankers who own the Federal Reserve we will ultimately end up homeless on the continent that our fathers conquered, as <a href="http://www.monticello.org/site/jefferson/private-banks-quotation" target="_blank">Thomas Jefferson</a> warned.</p>
<p>The so-called super committee is a grossly unconstitutional creation designed to run roughshod over the will of the American people.</p>
<p>“Where in the world did that come from?” <a href="http://latimesblogs.latimes.com/washington/2011/08/ron-paul-debt-ceiling-spending-super-congress-fox.html">Ron Paul</a> demanded after the idea was floated. “And where is that going to lead to? That is monstrous. I keep looking and I can’t find any place in the Constitution where we have the authority to create such a creature as the super Congress.”</p>


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		<title>I Closed my CitiBank Account</title>
		<link>http://www.rushlimbaughsites.com/politically-incorrect/i-closed-my-citibank-account-1336/</link>
		<comments>http://www.rushlimbaughsites.com/politically-incorrect/i-closed-my-citibank-account-1336/#comments</comments>
		<pubDate>Sun, 16 Oct 2011 21:35:46 +0000</pubDate>
		<dc:creator>VicBils</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Government Corruption]]></category>
		<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Politically Incorrect]]></category>
		<category><![CDATA[bank of america]]></category>
		<category><![CDATA[citibank]]></category>
		<category><![CDATA[citibank account]]></category>
		<category><![CDATA[crony capitalism]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[global takeover]]></category>
		<category><![CDATA[globalist]]></category>
		<category><![CDATA[goldman sachs]]></category>
		<category><![CDATA[jpmorgan chase]]></category>
		<category><![CDATA[wells fargo]]></category>

		<guid isPermaLink="false">http://www.rushlimbaughsites.com/?p=1336</guid>
		<description><![CDATA[<p>This is just another example of the tyrannical actions taken by desperate crony criminals being exposed for destroying the free market system.  Bank bought politicians have plundered our economies while the banks are confiscating the wealth contained in your IRA&#039;s and 401k&#039;s.  </p>
<p><a href="http://www.rushlimbaughsites.com/politically-incorrect/i-closed-my-citibank-account-1336/" class="more-link">More on I Closed my CitiBank Account</a></p>


]]></description>
			<content:encoded><![CDATA[<p>This is just another example of the tyrannical actions taken by desperate crony criminals being exposed for destroying the free market system.  Bank bought politicians have plundered our economies while the banks are confiscating the wealth contained in your IRA&#039;s and 401k&#039;s.  </p>
<p><object width="500" height="369"><param name="movie" value="http://www.youtube.com/v/KkeT1rB8f8w?version=3&amp;hl=en_US&amp;rel=0"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/KkeT1rB8f8w?version=3&amp;hl=en_US&amp;rel=0" type="application/x-shockwave-flash" width="500" height="369" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
<p>CitiBank is just one of the globalist banks plundering your savings with the blessing of the privately owned Federal Reserve.  Other financial institutions include: Bank of America, Wells Fargo, JPMorgan Chase, and Goldman Sachs.  </p>
<p>You can choose today whether to continue supporting a corrupt financial cartel or closing your accounts and stop supporting their global takeover of the world&#039;s financial economies.</p>
<p>Can you hear the wake up call?  </p>
<p>Perhaps it&#039;s time to trade your paper money for <a href="http://www.silvereaglesonline.com">Silver</a>, <a href="http://www.freesurvivalfoods.com/efoodsglobal/inflation/">Food</a>, and ammunition.  </p>


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		<title>The Revolution Against the Federal Reserve Starts Now</title>
		<link>http://www.rushlimbaughsites.com/economy/the-revolution-against-the-federal-reserve-starts-now-1329/</link>
		<comments>http://www.rushlimbaughsites.com/economy/the-revolution-against-the-federal-reserve-starts-now-1329/#comments</comments>
		<pubDate>Fri, 07 Oct 2011 13:24:01 +0000</pubDate>
		<dc:creator>VicBils</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[alex jones]]></category>
		<category><![CDATA[federal reserve bank]]></category>
		<category><![CDATA[federal reserve banking system]]></category>
		<category><![CDATA[global economic crisis]]></category>
		<category><![CDATA[occupy wall street]]></category>
		<category><![CDATA[OWS]]></category>

		<guid isPermaLink="false">http://www.rushlimbaughsites.com/?p=1329</guid>
		<description><![CDATA[<p>Public sentiment has shifted– against the trends of Washington and Wall Street– and now, against the private Federal Reserve bank which controls or influences so much of the world’s finances. Where as only a few years ago many Americans were unaware of the true nature of the shadowy organization, <a href="http://www.cato-at-liberty.org/gallup-poll-federal-reserve-makes-the-irs-look-good/">recent polls</a> confirm that the public overwhelmingly wants to <a href="http://www.rasmussenreports.com/public_content/business/general_business/july_2009/75_favor_auditing_the_fed">audit</a> and even <a href="http://www.bloomberg.com/news/2010-12-09/more-than-half-of-americans-want-fed-reined-in-or-abolished.html">abolish</a> the Federal Reserve bank.</p>
<p><a href="http://www.rushlimbaughsites.com/economy/the-revolution-against-the-federal-reserve-starts-now-1329/" class="more-link">More on The Revolution Against the Federal Reserve Starts Now</a></p>


]]></description>
			<content:encoded><![CDATA[<p>Public sentiment has shifted– against the trends of Washington and Wall Street– and now, against the private Federal Reserve bank which controls or influences so much of the world’s finances. Where as only a few years ago many Americans were unaware of the true nature of the shadowy organization, <a href="http://www.cato-at-liberty.org/gallup-poll-federal-reserve-makes-the-irs-look-good/">recent polls</a> confirm that the public overwhelmingly wants to <a href="http://www.rasmussenreports.com/public_content/business/general_business/july_2009/75_favor_auditing_the_fed">audit</a> and even <a href="http://www.bloomberg.com/news/2010-12-09/more-than-half-of-americans-want-fed-reined-in-or-abolished.html">abolish</a> the Federal Reserve bank.</p>
<p><object width="500" height="284"><param name="movie" value="http://www.youtube.com/v/R0AJy4pJUE8?version=3&amp;hl=en_US&amp;rel=0"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/R0AJy4pJUE8?version=3&amp;hl=en_US&amp;rel=0" type="application/x-shockwave-flash" width="500" height="284" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
<p>The momentum for a second American revolution is stirring, but the establishment is working overtime to steer the public’s anger into easy controlled avenues and big government solutions. Instead, by striking at the root of the true problems, we can attempt to reign in the predatory banking powers that plague our nation and begin to restore the Republic. </p>
<p>The Federal Reserve banking system is at the root of that problem and  a perpetual impediment towards ending the global economic crisis that continues to grow. Join Alex Jones to “occupy” the Dallas Federal Reserve, or take the message to a Fed branch near you <strong>[see dates and times below]</strong>. We must start now by focusing media and political attention on this issue, and through our presence at these banks, start brushfires in the minds of men that will tip the momentum in favor of liberty and independence for all.</p>
<p><strong>FEDERAL RESERVE LOCATIONS:</strong></p>
<p><img src="http://static.infowars.com/2011/09/i/rotator/03Federal_reserve_locations.jpg" alt="Federal Reserve locations"></p>
<p><a href="http://www.federalreserve.gov/fraddress.htm">The Twelve Federal Reserve Districts </a><br />
<em>**Note: There are several dozen more branch locations. Please check the Federal Reserve district near you</em><!--  --><!--  --></p>
<p><strong><a href="http://www.dallasfed.org/">Dallas Federal Reserve</a></strong><br />
Friday Oct. 7 @ 6pm<br />
2200 North Pearl Street<br />
Dallas, TX 75201-2272<br />
(214) 922-6000</p>
<p><strong><a href="http://dallasfed.org/fed/houston.cfm">Houston Branch</a> of the Dallas Federal Reserve</strong><br />
Sat. Oct. 8 @ High Noon<br />
1801 Allen Pkwy<br />
Houston, TX 77019-2507<br />
(713) 483-3000</p>
<p><strong><a href="http://dallasfed.org/sanantonio/branch/index.cfm">San Antonio</a> Branch of the Dallas Federal Reserve</strong></p>
<p>Sunday Oct. 9 @ 10am – Noon</p>
<p>126 E Nueva<br />
San Antonio, TX 78204-1020<br />
(210) 224-2141</p>
<p>————–</p>
<p><strong>Targeting the Real Enemy: Occupy the Fed </strong></p>
<p>Alex Jones urges supporters to take to the streets outside branches of the private Federal Reserve bank at locations across the country– not just to protest, but to “occupy” the source of real monetary tyranny in the U.S. The intent is to focus media attention not just on vague calls to ‘reform’ capitalism but to attempt to reign in the shadow banking cartel itself. The corruption of Wall Street is but a symptom of this unaccountable entity that holds a grip over finance, politics and freedom everywhere. </p>
<p><object height="284" width="500"><param name="movie" value="http://www.youtube.com/v/znUnD5RGttw?version=3&amp;hl=en_US"><param name="allowFullScreen" value="true"><param name="allowscriptaccess" value="always"><embed src="http://www.youtube.com/v/znUnD5RGttw?version=3&amp;hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" height="284" width="500"></object></p>
<p>Alex himself will appear at three branches in Texas, including the head of the District 11 Federal Reserve in Dallas, as well as its subsidiaries in Houston and San Antonio (see dates &amp; times below). However, it is hoped that a longer presence can be maintained at one or more of the locations throughout the nation, including possible campers and long-term demonstrators, in order to draw news coverage and expose the private bank that remains obscure and little known to most Americans. Join Alex in Dallas this Friday, Oct. 7 at 6 PM or head to the Fed near you and let’s use the momentum surrounding financial issues to point out the central role of the central bank that prints our money yet owes no allegiance to the people. Already, groups have spontaneously surrounded the Fed in Boston and other cities. Follow their example and peacefully send a message to the system that will reverberate to the very core!! The time is now to stand up for sovereignty and sound monetary policy– how else can we turn around the economic disaster that continues to spiral out of control across the globe?</p>
<p><img src="http://dancingczars.files.wordpress.com/2011/08/end-the-fed.jpg?w=800" alt="Occupy the Federal Reserve; End the Fed Protests" height="213" width="375" align="right">The Occupy Wall Street crowd has become predictably focused on issues like taxing the middle class and moderately “rich,” ending capitalism and even re-electing Obama to ‘fight’ the very elites who pushed him into power. Focus should instead be on the real source of power for the out-of-control bankster class- the private, unaccountable Federal Reserve bank that creates money out of thin air, issues secret loans to insiders and foreign governments and systematically institutes debt on the American people through their undue powers.</p>
<p>With this in mind, Alex Jones is calling on patriots to “occupy” branches of the Federal Reserve, with plans to appear at three locations in Texas this weekend in Dallas, Houston and San Antonio. The times and locations appear below. Further, people everywhere should converge upon Fed locations in their area to raise awareness about the real culprit behind the economic crisis. </p>
<p>Well meaning protesters who have joined the Occupy Wall Street effort, including solidarity activities in cities everywhere, need to be educated about the power held by this insidious institution, as well as the false solutions that have been proposed by leading figures on the left <em><strong>and</strong></em> right that only further expand the scope of big government, all while avoiding the elephant in the room.</p>
<p>Join Alex at locations throughout Texas or begin to address the issues at the Federal Reserve branch in your location. Don’t wait for orders from headquarters– go to the sound of the guns in this information war to awaken minds and stop the massive transfer of wealth being manipulated by the very offshore interests who control the Fed and even steer the protests at Wall Street.</p>
<p>Infowars Press Release<br />
<a href="http://www.infowars.com" target="_blank">Infowars.com</a><br />
October 6, 2011</p>


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		<title>How Middle East Civil Unrest Can Cost The UK</title>
		<link>http://www.rushlimbaughsites.com/economy/how-middle-east-civil-unrest-can-cost-the-uk-1317/</link>
		<comments>http://www.rushlimbaughsites.com/economy/how-middle-east-civil-unrest-can-cost-the-uk-1317/#comments</comments>
		<pubDate>Fri, 23 Sep 2011 18:22:36 +0000</pubDate>
		<dc:creator>VicBils</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[civil unrest]]></category>
		<category><![CDATA[credit rating]]></category>
		<category><![CDATA[economic decline]]></category>
		<category><![CDATA[food additives]]></category>
		<category><![CDATA[insurance]]></category>
		<category><![CDATA[Middle East]]></category>
		<category><![CDATA[middle eastern oil]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[renewable energy sources]]></category>

		<guid isPermaLink="false">http://www.rushlimbaughsites.com/?p=1317</guid>
		<description><![CDATA[<p>Whilst the United Kingdom picks up the pieces of its recent civil unrest, worldwide financial news shows no let up in the way in which the civil disturbances in the Middle East influence our costs as British inhabitants. Everything from travel costs, inflation and, country credit ratings for a number of sectors seeing the outcome of the latest disturbances in Libya, Tunisia and Egypt.</p>
<p><a href="http://www.rushlimbaughsites.com/economy/how-middle-east-civil-unrest-can-cost-the-uk-1317/" class="more-link">More on How Middle East Civil Unrest Can Cost The UK</a></p>


]]></description>
			<content:encoded><![CDATA[<p>Whilst the United Kingdom picks up the pieces of its recent civil unrest, worldwide financial news shows no let up in the way in which the civil disturbances in the Middle East influence our costs as British inhabitants. Everything from travel costs, inflation and, country credit ratings for a number of sectors seeing the outcome of the latest disturbances in Libya, Tunisia and Egypt.</p>
<p>When problems occur in this region, there are predictably problems getting hold of their chief export – oil. Whilst we may think that an escalation in the price of oil would just concern fuel prices, in reality, Middle Eastern oil can become an ingredient un tens of hundreds of our products here in the UK. From food additives and plastics to paints and dyes! Bearing this in mind, escalating rates of inflation will come as no surprise! The current civil disruptions in North Africa and the Middle East has seen oil prices sky rocket and worries that civil disobedience in neighbouring nations could see oil prices peak above those of Britain’s own economic decline have been vindicated. The UK Energy Secretary Chris Huhne hopes that changes in fuel costs, forced by circumstances elsewhere, could see the United Kingdom become more self sufficient in response.  He confirms that opting for renewable energy sources is crucial in answer to rising crude oil costs.</p>
<p>As the price of oil has boomed, the cost of travel around the world are affected. Whereas the price of petrol makes transportation more expensive for any driver, vacation costs out of Britain are also stimulated. This year several travel providers, including Thomas Cook and Tui Travel, placed fuel supplements on top of any holiday cost to deal with the increasing fuel costs. Holidaymakers are now charged £40 per long haul flight, £25 per mid-haul and £15 per short-haul journey. The forecast for airline industry’s profits this year were trimmed down earlier this year by a staggering $500 million.</p>
<p>There are also the rising military costs payable by the British taxpayers. The Libyan conflict is guesstimated to be in the region of £260 million! A staggering amount which has been building up since this March, it is thought that £120m of this is on fuel costs alone – a fact many will be annoyed to see reported in financial market news articles, especially with so many budgeting difficulties out of the UK government’s jurisdiction.</p>
<p>Following the surprising news lately of the downgrading of the United States government by Standard and Poor to AA+ from AAAA chiefly as a result of political risk and a rising debt burden, obtaining a credit rating report and <a href="http://www.lloyds.com/News-and-Insight/News-and-Features/Business-Risk" target="_blank">international country risk guide</a> is growing more significant.  A credit rating weighs up the credit worthiness of an issuer of exact types of debt, particularly, debt issued by a business enterprise such as a corporation or a government. It is an assessment made by credit rating agency of the debt issuers likelihood of default.   Credit ratings are decided by credit ratings agencies such as Fitch Ratings, Standard and Poor and Moody’s and Lloyd’s provides <a href="http://www.lloyds.com/The-Market/Tools-and-Resources/Resources" target="_blank">insurance industry analysis</a>.</p>


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		<title>Bless someone’s life with an Act of Kindness</title>
		<link>http://www.rushlimbaughsites.com/economy/bless-someone%e2%80%99s-life-with-an-act-of-kindness-1315/</link>
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		<pubDate>Wed, 21 Sep 2011 23:34:38 +0000</pubDate>
		<dc:creator>VicBils</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Opinion]]></category>
		<category><![CDATA[act of kindness]]></category>
		<category><![CDATA[acts of kindness]]></category>
		<category><![CDATA[eFoods Global]]></category>
		<category><![CDATA[emergency survival]]></category>
		<category><![CDATA[food freedom]]></category>
		<category><![CDATA[food reserves]]></category>
		<category><![CDATA[freedom tour]]></category>
		<category><![CDATA[survival food]]></category>

		<guid isPermaLink="false">http://www.rushlimbaughsites.com/?p=1315</guid>
		<description><![CDATA[<p>Our primary objective of serve, save, share is simple to understand and even easier to give to others. <strong>SERVE</strong> eFoods’ great products to friends and family, <strong>SAVE</strong> for the future and times of necessity, and <strong>SHARE</strong> with others to help them prepare as well. </p>
<p><a href="http://www.rushlimbaughsites.com/economy/bless-someone%e2%80%99s-life-with-an-act-of-kindness-1315/" class="more-link">More on Bless someone’s life with an Act of Kindness</a></p>


]]></description>
			<content:encoded><![CDATA[<p>Our primary objective of serve, save, share is simple to understand and even easier to give to others. <strong>SERVE</strong> eFoods’ great products to friends and family, <strong>SAVE</strong> for the future and times of necessity, and <strong>SHARE</strong> with others to help them prepare as well. </p>
<p>Join our remarkable mission to help millions of people through Acts of Kindness.</p>
<p>Learn more about <a href="http://www.survivalfoodreserves.com/" target="_blank">eFoods Global Emergency Survival Food</a></p>
<p><strong>AoK Currency</strong> is a revolutionary concept that is changing the way people do business—and how to build your own food reserve program without the financial worry. The concept is mainly based around sharing. </p>
<p>Every person that takes the <strong>Food Freedom Tour</strong> from your personalized eFoods Global website site and redeems their free customized food pack will generate $4 ($4 for eIBO; $3 for IBO) in Acts of Kindness (AoK) Currency to apply to your next Auto Reserve Order.</p>
<p>Imagine how much AoK Currency you can accumulate; imagine what your food reserves could look like when you don’t have to spend your own money to build your personal supply. Emailing your friends and family isn’t awkward with our program. It’s not just about making money; it is about truly reaching out to others and educating them about the need for food and being prepared for the future.</p>
<p><strong>Hurry! Join thousands of IBOs who are already enjoying FREE food while helping others.</strong>&#034;How much will you pay for your next ARO, all, some or none? </p>
<p><a href="http://www.foodreservesonline.com" target="_blank">Start sharing now!</a></p>


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		<title>Who Sold You Down the River?</title>
		<link>http://www.rushlimbaughsites.com/politics/who-sold-you-down-the-river-1236/</link>
		<comments>http://www.rushlimbaughsites.com/politics/who-sold-you-down-the-river-1236/#comments</comments>
		<pubDate>Thu, 11 Aug 2011 12:58:09 +0000</pubDate>
		<dc:creator>VicBils</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Government Corruption]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[debt ceiling]]></category>
		<category><![CDATA[Harry Reid]]></category>
		<category><![CDATA[john boehner]]></category>
		<category><![CDATA[mitch mcconnell]]></category>
		<category><![CDATA[nancy pelosi]]></category>

		<guid isPermaLink="false">http://www.rushlimbaughsites.com/?p=1236</guid>
		<description><![CDATA[<p><strong>Last week&#039;s “Debt Ceiling Deal” was a betrayal of the American people on many levels. </strong></p>
<p>Do you remember when the Grand Old Party took control of the House just a few short months ago?  One of the first bills they passed required a bill to be posted online for 3 full days before it could be voted on. </p>
<p><a href="http://www.rushlimbaughsites.com/politics/who-sold-you-down-the-river-1236/" class="more-link">More on Who Sold You Down the River?</a></p>


]]></description>
			<content:encoded><![CDATA[<p><strong>Last week&#039;s “Debt Ceiling Deal” was a betrayal of the American people on many levels. </strong></p>
<p>Do you remember when the Grand Old Party took control of the House just a few short months ago?  One of the first bills they passed required a bill to be posted online for 3 full days before it could be voted on. </p>
<p>Congress broke its own &#034;three-day rule&#034; and had a floor vote on the hastily thrown-together bill the day after it was introduced.  But that is the least of it. </p>
<p>Never shy to spend our money, the government blew nearly 60% of the immediate debt ceiling increase in just one day after final passage.  But that is not the worst of it. </p>
<p>They created a &#034;Super Congress&#034; appointed by Nancy Pelosi, John Boehner, Harry Reid, and Mitch McConnell&#8211;all bitterly opposed to everything you and I have been trying to do&#8211;to ram future taxing and spending through the Congress. </p>
<p>In a shocking procedural end-run around the Constitution, the U.S. Congress will not be permitted to filibuster, amend, or debate proposals from this “Super Congress.”  But even that is not the worst of it. </p>
<p>The politicians gave themselves a larger line of credit, and the stock market, seeing right through the &#034;solution,&#034; went sailing downhill, the Dow losing a whopping 500 points the very next day.</p>
<p>But, believe it or not, that is not the worst of it. </p>
<p>This deal adds 7 trillion dollars to the debt, with a budget that will NEVER balance. </p>
<p>What does this &#034;deal&#034; sound like to you?</p>
<p>They’ve heaped mountains of debt on our children, ignored the will of the people, violated their oaths of office&#8211;this might be the worst single aspect of this massive taxpayer heist. </p>
<p><strong>They sold you down the river.</strong></p>
<p>What infuriates me more than anything else is that Republicans who overwhelmingly supported this deal are now going to go back to their districts and lie to their constituents. </p>
<p><strong>They are going to claim that they &#034;cut&#034; spending. </strong></p>
<p> Congress was slated to increase spending every year until the economy reached the breaking point.  The only &#034;cut&#034; in this arrangement is a slightly lesser increase in future spending that continues to escalate and <strong>NEVER</strong> balances. </p>
<p>The establishment&#039;s talking heads call this a “victory for the Tea Party,” but don’t let them take you for a fool. </p>
<p>If Tea Party members count this as a success, they are one step away from undermining all the work they&#039;ve done over the past few years. </p>
<p>The Boehner deal was nothing more than a bauble to placate the Tea Party movement into believing that the Republican Party is “doing its gosh-darn best” to turn things around if only those gosh-darn Democrats didn&#039;t have a majority in the Senate. </p>
<p><strong>They are flat-out lying to you. </strong></p>
<p>Accepting the lesser of two evils, or the lesser of two unbalanced budgets, is what got us into this nightmare in the first place. </p>
<p>Republicans claimed to have taken our concerns to heart in November, but this deal proves they learned absolutely, positively nothing. </p>
<p>It’s one thing when a liberal tax-and-spend politician votes for a liberal tax-and-spend bill.  It’s quite another when a politician tells you they are fiscally conservative, then lies to your face and sells you down the river. </p>
<p>Yet that is exactly what 70% of the Republicans in Washington just did. </p>
<p>And it’s time that they feel the heat at least as much as you and I fear for our children’s futures and our ability to feed our families. </p>
<p>So, who sold you and your family down the river? </p>
<p>The Democrats were split because many of them were holding out for even MORE taxes and spending, so it goes without saying where their interests lie. </p>
<p>But where Republicans voted for this debacle, then it is up to us to expose them: </p>
<p>Call them and let them know how you feel about their vote.  Tell them you know that they lied to you and they sold you and your family down the river and handed the statists exactly what they wanted on a silver platter. </p>
<p>Ask your local GOP and Tea Party organizations to pass resolutions condemning the debt deal, and any future debt increases.</p>
<p>Write letters to the editor of your local paper, decrying the deal and exposing your legislator for his liberal tax and spend ways.</p>
<p>Those who sold us out will be hosting Town Halls from now until Labor Day in-District.  Call their office and ask for a schedule, and watch for announcements in your local paper.  Take your friends and family with you and make your voices heard loud and clear.</p>
<p>We are done listening to their lies. </p>
<p>In Liberty, </p>
<p>Amanda Dewoody<br />
Interim State Coordinator<br />
Kansas Campaign for Liberty </p>
<p>P.S.  Please call up your Republicans who sold you out and let them know how you feel, then get resolutions passed by your local groups, write letters to the editor, and visit them at their Town Hall events between now and Labor Day. Get your family and friends involved. </p>


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		<title>Congress Plans to Further Plunder America with the Budget Control Act</title>
		<link>http://www.rushlimbaughsites.com/economy/congress-plans-to-further-plunder-america-with-the-budget-control-act-1221/</link>
		<comments>http://www.rushlimbaughsites.com/economy/congress-plans-to-further-plunder-america-with-the-budget-control-act-1221/#comments</comments>
		<pubDate>Mon, 01 Aug 2011 20:34:42 +0000</pubDate>
		<dc:creator>VicBils</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Budget Control Act]]></category>
		<category><![CDATA[debt ceiling]]></category>
		<category><![CDATA[debt limit increase]]></category>
		<category><![CDATA[economic catastrophe]]></category>
		<category><![CDATA[federal budget]]></category>
		<category><![CDATA[federal deficit]]></category>
		<category><![CDATA[financial collapse]]></category>
		<category><![CDATA[physical gold]]></category>
		<category><![CDATA[silver]]></category>

		<guid isPermaLink="false">http://www.rushlimbaughsites.com/?p=1221</guid>
		<description><![CDATA[<p>While corporate owned politicians in Washington continue to carve up our futures by spending more of our money, the mainstream media continues to propagate the elitist views you&#039;re expected to accept. </p>
<p><a href="http://www.rushlimbaughsites.com/economy/congress-plans-to-further-plunder-america-with-the-budget-control-act-1221/" class="more-link">More on Congress Plans to Further Plunder America with the Budget Control Act</a></p>


]]></description>
			<content:encoded><![CDATA[<p>While corporate owned politicians in Washington continue to carve up our futures by spending more of our money, the mainstream media continues to propagate the elitist views you&#039;re expected to accept. </p>
<p>This is pure madness.  </p>
<div style="float:right;"><object width="300" height="200"><param name="movie" value="http://www.youtube.com/v/YvwqX6o69Iw?version=3&amp;hl=en_US&amp;rel=0"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/YvwqX6o69Iw?version=3&amp;hl=en_US&amp;rel=0" type="application/x-shockwave-flash" width="300" height="200" allowscriptaccess="always" allowfullscreen="true"></embed></object></div>
<p>The recent debt ceiling debate kept most Americans focused on a so-called economic catastrophe if they didn&#039;t get a debt limit increase.  However, the debt ceiling is nothing more than a symptom of a much bigger problem&#8230; debt.  Congress is not addressing the bigger problem, instead choosing to kick the can down the road while the real problem only gets worse.  </p>
<p>Politicians and the mainstream media is counting on the stupidity and blindness of the American people to allow them to get away with this plunder.</p>
<p>Folks, you&#039;re getting screwed big time.  Not only you, but also your children and grandchildren whose lives will be diminished by an overwhelming debt.  In effect, future generations will be slaves to this generations addiction to debt.</p>
<p>How does reducing $917 billion in planned federal spending over the next ten years combined with increased spending of $2.4 trillion in the next year help bring under control this nation&#039;s more than $14.3 trillion debt?</p>
<p>It doesn&#039;t.</p>
<p>The time may not be far off now when this ponzi scheme finally collapses.  And when it does, you&#039;ll wish for the good ole days in late July 2011.</p>
<p>This should be a wake up call for anybody who is still awake.  If you&#039;re not yet awake&#8230; you better wake up soon.</p>
<p><strong>You&#039;ve absolutely got to prepare for what&#039;s coming soon.</strong></p>
<ul>
<li>Get all your assets out of the paper stock market and buy physical gold and silver.</li>
<li>
Get a supply of food and water.  You&#039;ll need it to live.</li>
<li>Get rid of your own debt.  Those with little or no debt will fare the best.</li>
<li>Buy a gun and plenty of ammunition.  You&#039;ll be glad you did when you&#039;re forced to protect what you do have.</li>
<li>Get your heart right with God.  In the end, that&#039;s all that really counts.</li>
</ul>
<p>I believe America is on the brink of collapse and there may be very little precious time left to prepare yourself and your family.  I can&#039;t say with any specificity just how things will look when it does collapse other than is won&#039;t be good.  Those unprepared will suffer the most and there probably won&#039;t be enough people who are prepared to provide much of a lifeboat for those unprepared.</p>
<p>Rather than participating with Congress in rearranging the deck chairs on this sinking ship, you would be better off if you began arranging your lifeboat to keep you out of the freezing shark infested waters about to overflow this country.</p>
<p>I pray that you wake up soon and take action.</p>
<p>Read <a href="http://www.yourtaxsavings.com/economy/650/freeze-the-budget-and-stop-plundering-the-american-people/" target="_blank">Freeze the Budget and Stop Plundering the American People</a> by Ron Paul</p>


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