This whole system is why there is inflation and people are finding it more and more difficult to pay for even the most basic of the basics.
We need the Christian Commons Project™.
Before the economic woes hit the mainstream news, I wrote that the Federal Reserve would use the opportunity to raise interest rates to strengthen the dollar as a front for throwing more people out of work so those who make fortunes off the sweat of others could hire up more people on the cheap. I also said that the idea would be to cause a huge budget deficit that the greedy ones would say may only be balanced via evil privatization of entitlements (Social Security and Medicare) and slashing those entitlements as well.
The real point is to cut taxes on the super-rich and maintain those lowered rates so the rich can live higher and higher off the hog in relative terms while the planet burns.
Well, the Federal Reserve did it Milton Friedman's way first. They further loosened money. It was good for show (adds to "plausible deniability"). It's not worked of course, so now they'll do the Paul Volker thing and give the common American people a further shock by raising interest rates.
Of course this is all a ruse. The business cycle (boom and bust) is all known in advance by those who set it up so they as insiders can time the movement of their investments to maximize profits.
Just look where Alan Greenspan ended up working: Paulson & Co. He now works for the man, John Paulson, who made the biggest public killing of all by betting (sure thing) his hedge fund on the insider information he had that the dollar would tumble. Was he in any of the junk real-estate securities?
Now, as I've written a couple of times before, why would the guy who knew what was going to happen hire the guy who claims he was caught off guard? It's because Greenspan wasn't caught off guard at all. He knew exactly what he was doing in setting up the boom and bust.
The Associated Press
Published: June 13, 2008
Inflation shot up in May at the fastest pace in six months, pushed higher by soaring costs for gasoline and other types of energy the U.S. labor department reported Friday.
Consumer prices rose by 0.6 percent last month, as gasoline costs surged by 5.7 percent. Food prices, which have also been rising sharply, were up 0.3 percent as the cost of beef and bakery products showed big gains.
Core inflation, which excludes energy and food, edged up a more moderate 0.2 percent in May. But even there, core prices are up 2.3 percent over the past 12 months, above the Federal Reserve's comfort zone.
The Federal Reserve, which from September through April had been aggressively cutting interest rates to fight a mounting economic slowdown, is now indicating that its biggest concern has changed from the threat of a recession to worries that inflation could get out of control.
In a speech Monday, Fed Chairman Ben Bernanke said that the Fed will "strongly resist an erosion of longer-term inflation expectations." Those comments have raised expectations that the Fed's next move later this year will be to start raising interest rates.
The following should appear at the end of every post:
According to the IRS, "Know the law: Avoid political campaign intervention":
Tax-exempt section 501(c)(3) organizations like churches, universities, and hospitals must follow the law regarding political campaigns. Unfortunately, some don't know the law.
Under the Internal Revenue Code, all section 501(c)(3) organizations are prohibited from participating in any political campaign on behalf of (or in opposition to) any candidate for elective public office. The prohibition applies to campaigns at the federal, state and local level.
Violation of this prohibition may result in denial or revocation of tax-exempt status and the imposition of certain excise taxes. Section 501(c)(3) private foundations are subject to additional restrictions.
Political Campaign Intervention
Political campaign intervention includes any activities that favor or oppose one or more candidates for public office. The prohibition extends beyond candidate endorsements.
Contributions to political campaign funds, public statements of support or opposition (verbal or written) made by or on behalf of an organization, and the distribution of materials prepared by others that support or oppose any candidate for public office all violate the prohibition on political campaign intervention.
Factors in determining whether a communication results in political campaign intervention include the following:
- Whether the statement identifies one or more candidates for a given public office
- Whether the statement expresses approval or disapproval of one or more candidates' positions and/or actions
- Whether the statement is delivered close in time to the election
- Whether the statement makes reference to voting or an election
- Whether the issue addressed distinguishes candidates for a given office
Many religious organizations believe, as we do, that the above constitutes a violation of the First Amendment of the US Constitution.
Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.
That said, we make the following absolutely clear here:
- The Real Liberal Christian Church and Christian Commons Project not only do not endorse any candidate for any secular office, we say that Christianity forbids voting in such elections.
- Furthermore, when we discuss any public-office holder's position, policy, action or inaction, we definitely are not encouraging anyone to vote for that office holder's position.
- We are not trying to influence secular elections but rather want people to come out from that entire fallen system.
- When we analyze or discuss what is termed "public policy," we do it entirely from a theological standpoint with an eye to educating professing Christians and those to whom we are openly always proselytizing to convert to authentic Christianity.
- It is impossible for us to fully evangelize and proselytize without directly discussing the pros and cons of public policy and the positions of secular-office holders, hence the unconstitutionality of the IRS code on the matter.
- We are not rich and wouldn't be looking for a fight regardless. What we cannot do is compromise our faith (which seeks to harm nobody, quite the contrary).
- We render unto Caesar what is Caesar's. We render unto God what is God's.
- When Caesar says to us that unless we shut up about the unrighteousness of Caesar's policies and practices, we will lose the ability of people who donate to us to declare their donations as deductions on their federal and state income-tax returns, we say to Caesar that we cannot shut up while exercising our religion in a very reasonable way.
- We consider the IRS code on this matter as deliberate economic duress (a form of coercion) and a direct attempt by the federal government to censor dissenting, free political and religious speech.
- It's not freedom of religion if they tax it.
And when they were come to Capernaum, they that received tribute money came to Peter, and said, Doth not your master pay tribute? He saith, Yes. And when he was come into the house, Jesus prevented him, saying, What thinkest thou, Simon? of whom do the kings of the earth take custom or tribute? of their own children, or of strangers? Peter saith unto him, Of strangers. Jesus saith unto him, Then are the children free. (Matthew 17:24-26)