As for the economy, I have to say that I consider the current rally on Wall Street to be more of the same sucker's rally. Absolutely none of the fundamentals have change. Ben Bernanke and the Federal Reserve have done nothing but print money to throw at toxic so-called assets loaded down by derivatives hype. He's just passing around a hot potato that's only getting hotter because the U.S. government did not do the right thing: put all the money into public jobs and real skills training to get people to work months and months ago building and cleaning up the main, real-economy infrastructure! Rather than doing the right thing (in the mundane sense), they pumped the money into finance capitalism, which is nothing but a parasite and hasn't resulted in anything for the hardworking taxpayers but vastly more National Debt upon which the finance capitalists will be paid interest for lending the people their own money. It's insanity, and the talking heads, such as Glenn Beck and Rush Limbaugh, are total shills for that whole scheming system.
Abolish the Federal Reserve
The truth of the matter is that the Federal Reserve should be abolished. The issuance of currency should not result in interest to be paid to private bankers at all, let alone from coerced taxes. The currency should be minted/printed/issued by the Congress and only the Congress. It should not be privatized as it has been. It should be nationalized as intended under the Constitution, or that Constitution should be amended or scrapped.
I'm not a secularist and don't believe in the current, American, constitutional system; however, if Americans are not wise enough yet to choose Jesus's system in total, the least they can do is abolish the Federal Reserve System that is a pariah. It's simple.
Dump Federal Reserve Notes. Replace Them All With Interest-Free United States Notes
The currency should be pegged exactly to real productivity — no finance capitalism, no loans, no usury, no debt. Usury is evil. It always has been and always will be. Usurers are serpents whether they know it or not. Their system stinks, is dumb, and obviously then, totally unnecessary. It's fact. It's a total drain.
If the United States had done things even mundanely right, there wouldn't have been any poverty in the country for more than the last couple of hundred years.
Retire the National Debt Using United States Notes
The National Debt should be retired ASAP using the new United States Notes.
It's that simple, but the powers that be won't tell you.
Real Indicators Still Down
All the indicators for average Americans are looking down on account of the Fed and the U.S. Treasury under Timothy Geithner and before him, Henry Paulson. Unemployment is going to increase from its current rate that is really above 16% and is much worse than that for the poor. Foreclosures will continue. The commercial real estate bust is just beginning. The means of real job creation aren't being put into place. The banks are making their profits off hording bailout money and/or raising interest rates (inflationary that will come back to haunt) on the poor and middle classes and raising transaction fees, late fees, and credit card annual fees, etc.
As for inflation, the only reason we haven't had it is because they've avoided creating jobs and avoided making loans. Of course, if real jobs were created properly, there wouldn't be any inflation that couldn't be corrected in nearly real-time (nanoseconds what with the Pentagons supercomputer network that should be completely taken away and put to productive work).
Abolish the Pentagon
By the way, the single best thing the U.S. could do would be to eliminate the Pentagon and fire all the military contractors and then put all their workers to work on real jobs, which would be just as easy as keeping them going making weapons and other stupid and wasteful and destructive and evil things.
Clean Economic House
If Barack Obama doesn't clean economic house, he'll be a one-term President, unless the people are even more insane than they appear to be. Reappointing Ben Bernanke is a disastrous move.
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)