Archive for February, 2009

Betrayal of Jon Hunstman Jr

Tuesday, February 17th, 2009

I heard some very sad news the other day.  It was about the betrayal of our governor, Jon Huntsman Jr..  He released a statement saying that he was in support of civil unions which contradicted the understanding the constituents had when he ran for governor.

There are a few dangers with civil unions that many don’t realize.

First, what is to stop them from turning into marriage. Residents of CT were promised up and down that civil unions wouldn’t turn into marriage, I was one of them. And what happened? People sued saying they weren’t equal and won and now gay marriage is legal in CT.

Second, civil unions cheapen marriage. I was reading an article about how some couples are choosing civil unions over marriage because they are easier to get out of. So much for protecting the family.

Third, with legal status it opens up all types of lawsuits to say that they must be taught in schools to be ‘fair’. Of course there are many more but that would take an essay.

This is just a cheap political trick by Huntsman. He wants to go beyond Utah and enter national politics and is willing to do whatever it takes. First he runs saying that he supports an amendment which bans civil unions and then he says he was always for them. Sorry, I just can’t make sense of it without him being a liar. And that is what we don’t need, more lying politicians at a national level.  If this was something you have believed all along then say so all along.  If this was something you changed your mind about then say that.

The Murder of the Dollar

Friday, February 6th, 2009

When I was a kid I used to watch the show called Ducktales.  This is where I received my best lesson on inflation.  In one episode they travel to a country that has no money.  Launchpad leaves a bottle cap with somebody.  Soon everybody else becomes jealous and want some.  Scrooge then give the country a lot of them.  They soon start to use them as a currency.

They soon realize that they have now ruined this happy land and seek to destroy the market that they have created.  Soon they start to dumping huge amounts of bottle caps and prices rapidly go up.  Sound familiar?  Soon the bottle cap becomes completely worthless and they ask Scrooge to remove all the garbage.

How much money has the federal reserve, a group of private banks, created recently?

http://www.jbs.org/index.php/inflation-taxes-economy-blog/4442

This is a good story about the added money and it also has a video of Glenn Beck talking about it.  An important thing to consider is the multiplying effect of the bank reserve system we have.  If banks are required to only keep 10% of deposits then they can loan out the other 90%.  Remember though that that other 90% then gets redeposited and 90% of that, or 81% is then loaned out again.  This can happen over and over until you end up with 10X the money you started with.  So if the federal reserve adds 1trillion dollars of new money it is essentially adding 10 trillion through this multiplication effect of the bank reserve system.

Adding trillions of dollars of new money will not only destroy savings of individuals and give them automatic decreases in salary through inflation but it will also pave the way to introduce a regionalized currency like the Euro.  Politicians will tell us that it is the only way to save our economy.

For many years politicians from both parties have tried to push this country into a regionalized government similar to the European Union, with started from trade agreements.  This has been done through our own ‘free trade’ agreements such as NAFTA and CAFTA which are more about regionalized government than free trade.  Fortunately many patriotic Americans have been able to at least delay these plans.  The plans continue to move forward to chip away at our sovreignty as a nation and replace our God-given Constitution with a regionalized athiestic beurocracy.