June 2012
“I don’t think that any harm comes from the concentration of power in one man’s hands.”
—
Theodore Roosevelt (via eltigrechico)
Evil man
Ron Paul’s Federal Reserve audit approved by House committee →
reuters.com
(Reuters) - A U.S. House of Representatives panel on Wednesday approved a measure that would allow an audit of the Federal Reserve’s monetary policy decisions, a level of scrutiny the central bank says would compromise its independence.
The measure was proposed by Republican Representative Ron Paul, a long-time critic of the central bank, and has 257 co-sponsors, more than half of all House members.
Its approval by the House Oversight Committee clears the way for a vote in the full House. House Majority Leader Eric Cantor said last month the House would vote on the legislation in July.
“The Fed’s balance sheet now stands at nearly $3 trillion. It is long past time for a real audit,” said Oversight Committee Chairman Darrell Issa.
The central bank’s balance sheet has ballooned to about $2.8 trillion from around $800 billion before the 2007-2009 financial crisis as the central bank bought Treasury securities and mortgage-related debt to drive borrowing costs lower and boost economic growth.
Similar legislation was approved by the House in 2010 but was watered down in the broad Dodd-Frank financial reform legislation approved in July of that year.
The central bank, the nation’s lender of last resort, has come under bipartisan criticism for its role in bank bailouts and its unconventional efforts to support the weak economy.
Measures proposed by Paul to subject the Fed to greater scrutiny have won support from Republicans and Democrats alike.
The Fed declined comment on the bill on Wednesday. However, in the past, officials of the central bank have said that audits of monetary policy decisions would weaken the institution because markets would assume the central bank could be pressured by politicians.
The Fed gets no say as it’s privately owned and unconstitutional.
“The government now has the authority to tax, not based on income, but on behavior.”
—Judge Andrew Napolitano
“The power to tax is the power to destroy.”
—Chief Justice John Marshall
On another note....
There was a crazy man jerking off in front of my apartment yesterday. He was creeping around and bothering all the girls in my complex all day. Yet I am not allowed to have a gun in my apartment. I had to call the cops, deal with all the BS/all the other girls that got harassed by him, make my friend walk me to campus today, freak out… God forbid I try to defend myself, though.
HOW IS STATISM WORKING FOR US, EH? REALLY WELL, HUH.
Maybe now people will realize when you vote for statists this is what you get regardless of party affiliation
Bush, Obama, Romney it doesn’t matter.
They are all corporate fascists.
ATTENTION ALL GIRLS AND LADIES: if you walk from home, school, office or anywhere and you are alone and you come across a little boy crying holding a piece of paper with an address on it, DO NOT TAKE HIM THERE! take him straight to the police station for this is the new 'gang' way of rape. The incident is getting worse. Warn your families. Reblog this so this message can get accross to everyone.
I will always reblog things like this, it won’t ruin your blog or the look of it, and this could potentially save a life.
An App Keeps Spies Away from Your iPhone - Technology Review →
technologyreview.com
Anytime you use your phone to make a call or send an e-mail or text message, there’s a chance it will be intercepted by someone who has access—legal or otherwise—to your providers’ servers. A new app calledSilent Circle tries to change that by encrypting calls, e-mails, and texts. It’s aimed at activists, companies, and individuals who fear they’re being spied on.
Silent Circle is also the name of the company behind the app. Both were masterminded by Phil Zimmermann, who earned a place in Internet history in 1991 by releasing PGP (for pretty good privacy), open-source software that can be used to encrypt e-mails and other digital messages.
I never knew ...
that this famous photo from the 1989 protests in Tiananmen Square …
was actually this!
Here is a video clip of this remarkable protest.
Play
0:51
