I have something I need to say and I know it is gonna upset a whole lot of people who consider themselves patriotic by their support for this so called war on terror, but I have to get this off my chest. We have been bombarded with news reports, presidential statements, full of facts about an enemy that is so elusive and so diabolically evil that we must commit our military men and women to defeat them. Sorry, I don’t buy it.

A vital part of the solution to our economic and employment crisis is right under our feet

A frequent refrain during budget and debt ceiling debates is that we need revenue enhancement: higher tax rates, reduced deductions, eliminated credits. But doing this, especially amid today’s massively expanding regulations, will kill more jobs and further reduce government revenues.

There is a better way. Huge revenue sources are literally under our noses, or more precisely our feet.

“Credit rating agency S&P has downgraded U.S. debt from AAA, the first debt downgrade in U.S. history, the Associated Press reported.”

When a nation’s debt equals its entire annual gross domestic product, it is bankrupt. It can still produce goods and services, but it will likely encounter fewer customers worldwide as they too are drawn deeper into their own debt crises.

When it must borrow billions daily just to meet its obligations to other nations and individuals who have purchased its treasury notes, it is has reached a point of “moral hazard” that threatens the wealth of every single citizen.

Carl F. Worden

Standard & Poor’s, the preeminent credit rating agency of nations, lowered the credit rating of the United States to AA+ from AAA, and I’m hearing howls of protest when in fact this is probably the very best thing that could have happened. I just wish Moody’s and the other credit rating agencies had done the same.

We desperately needed an extrinsic catalyst like this right now. S & P has correctly analyzed the current economic and political climate in the U.S. and acted as they should. I just wish S & P had used the same diligence when they granted AAA status to all those sub-prime mortgage instruments that caused the housing bubble to pop. Nevertheless,

“It’s not just that man-made emissions don’t control the climate, they don’t even control global CO2 levels.”

That’s the incredible message Dr. Murry Salby, Chair of Climate Science at the respected Macquarie University in Australia, presented recently to the Sydney Institute. Professor Salby’s paper, with all the graphs, will be released in about six weeks. His book Physics of the Atmosphere and Climate will be released later this year. Don’t expect an easy read—but if his research holds up, it could well change the direction of the entire climate debate.

“I do verily believe that…a single, consolidated government would become the most corrupt government on the earth.” Thomas Jefferson to Gideon Granger, 1800

While most Americans swallowed the lies and propaganda being fed to them by the media in regards to the battle to raise the debt ceiling, our Congress took a giant leap forward towards despotism. Little to no attention was given to the entity which now goes by the name Super-Congress, yet it is a huge step towards consolidation of all powers in the hands of a few, the exact definition of despotism. In his Notes on Virginia, Thomas Jefferson wrote, “The concentrating [all the powers of government, legislative, executive and judiciary] in the same hands is precisely the definition of despotic government. It will be no alleviation that these powers will be exercised by a plurality of hands, and not by a single one.”

The Olympic, damaged in a collision and destined for the scrapyard, may have been disguised as its sister ship, the Titanic.

In 1908, financier J.P. Morgan planned a brand new class of luxury liners that would enable the wealthy to cross the Atlantic in previously undreamed-of opulence. The construction of the giant vessels, the ‘Olympic‘, the ‘Titanic‘ and the ‘Britannic,’ began in 1909 at the Harland and Wolff shipyard in Belfast, Ireland.

Unfortunately for Morgan and his personal bank balance, this money-making venture went a little awry. The Olympic, the first one of the three sister-ships to be completed was involved in a serious collision with the British Royal Navy cruiser, HMS Hawke in September 1911 in Southampton a few weeks after its maiden voyage and had to be ‘patched-up’ before returning to Belfast to undergo proper repair work.

Thomas Jefferson once wrote: “The Central Bank is an institution of the most deadly hostility existing against the principles and form of our Constitution…if the American people allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.”