Finally!

Auditing the Fed. It's finally picking up speed, and it's been a long time coming. HR1207. A few weeks ago, Bernanke and Timmy Geithner were pressed about this issue, and they were noticeably irritated and said things like "we don't want to go down that road", and a "line that we don't want to cross".

Wow. Every business in America goes through this process, but the Fed's too good for that? What are you boys hiding from the people you're paid to serve? Something's fishy, for sure, and I really hope Ron Paul's bill makes it..It's looking good so far because this is one of the first main-stream media stories I've seen about it.

http://www.latimes.com/business/la-fi-fed-audit26-2009sep26,0,3764253.story

I hope the people of this great country of ours wake up and see the reality of what's going on in our government. Our money is disappearing in front of our eyes, and we're not doing much about it..until now...

Think Tank

Another good read:

http://mises.org/story/3701

Jason's quick response to my post yesterday got me thinking, and I love to think. There is way too much bad information out there, and I don't think the people of the United States in general really take the time to think about what they're reading. They quickly form opinions on subjects of great importance without thinking them through or researching sources as to vlidity or viability. Our 24 hour news channels bombard us with this type of junk information, and America has gotten used to it. In the case of many people in America, that's what they know about everything. Reading, researching, or educating themselves to the facts is a lost art. Just get on CNN and listen to what the pretty girl has to say..Blech..

This article really points this fact out. If you believe everything you read or hear on TV to be the absolute truth, it could really get you in serious trouble, especially when it comes from a "reputable source", like in this case; The New York Times. One of my favorite quotes of all-time is one I saw on a T-shirt of all places:

"Thinking-It's Hard"

It cracks me up every time I think about it, but it also makes me think about how very true it is. I think about how many people in our country these days have an entitlement-based mindset, and how many people think they "deserve" government money just because they are citizens. In reality, outside of veterans who serve our country, there are few people that I think "deserve" money just because they're living in the USA. It's unfortunate, really, and something I think has contributed to an overall decline in a solid workforce. Too many people think that a job is somewhere you go to "collect a paycheck", and it has been my experience that a diminishing number of workers take pride in what they do and go to work in order to actually earn a living.

Those same people also don't work to get good information or contribute to society. It's a nasty cycle.

I know, the composition on this post sucks, but I just needed to rant for a moment. Sometimes I like to write, but it often comes out a little disorganized. Live with it.

CZ

Life..Liberty..

Get used to our government getting bigger, boys and girls. Our fearless leader once again used his impeccable speaking skills to lull the sheeple into making them believe in change last night. Sure, we would all love to have health insurance that is cheap, readily available, and the best in the world. Why can’t we have that? Well, um, the same reason everyone can’t have five thousand square-foot homes with four bathrooms and five cars in the driveway that sits on ten acres. Money, boys and girls. It amazes me to no end how the blind people that have somehow been elected to office can’t see that. Maybe it's those very houses and six-figure-plus incomes that help cloud their vision.

Unfortunately, the government of the United States of America is completely oblivious to the fact that you just can’t keep printing money and expect everything to be alright forever. Somewhere, somehow, somebody comes to collect the money you borrow. In the government’s case, it’s going to be foreign bond and t-bill holders. Eventually, if we don't do something to turn it around, this will lead to a massive default on the credit of the US of A.

I like President Obama’s spunk. He has drive. I don’t dislike him either, I just think he’s a little naïve, and I actually feel bad for him. The fact that Rep. Joe Wilson was yelling “you lie” at him last night was actually funny. Sure, it was a momentary lapse in better judgment on his part, and there’s probably a better forum for his disagreement, but he could actually be speaking the truth. Guffaw!! What? President Obama a liar? No!. Well, probably not a liar, and maybe he just changed his mind without mentioning it, but he sure has been telling different stories since he’s been elected. Here’s just one about the health care bill he and his buddies are proposing:

http://www.nypost.com/p/news/national/lack_health_coverage_you_may_pay_PDrR6Mc07h5mYCXNznl0TO

Um, just a thought here, but you can’t really tell people that they won’t be getting financially punished for not having insurance on a new government-run health care plan, then a few months later tell them it’s all part of a bill you’re backing…Hmmm..Really? Punished for not playing along? Does nobody else see something very wrong with the government taking over so many aspects of how we live our lives? What’s the deal? Liberty is dying a slow death, and it depresses me.

There is no possible way that president Obama, or anyone else before him, could expect to be educated enough, in such a short period of time, about what needs to be done to turn our economic ship around. Unfortunately, he has people like Timmy G and Bernanke to listen to. They have already shown us that when it comes to basic economic theory, they are both clueless and willing to do anything to save their own hides. Naturally, Obama will get bad information as a result.

Here’s a good blog discussing what the biggest banks have been doing with our TARP money.

http://theautomaticearth.blogspot.com/2009/09/september-10-2009-sooner-or-later-it.html

Buying government-backed securities..With OUR tax dollars..Unreal.. Of course, Timmy G can’t (or won’t) tell Congress or anyone how any of this trillion dollars was spent. Then, when he was finally pressured by several different reporters about auditing the Fed, he avoids the issue, and says it would be a “bad idea” to “go down that path”..Wow..It amazes me how many people in government offices, elected officials, have forgotten that they WORK FOR THE PEOPLE!!! If people want to know where their money is going, SHOW THEM! Argh..I could go on for days…No person of sound mind and body would invest their hard-earned money in anything without knowing where their money is and what it is doing for them at any moment, yet, that’s what our government is asking of us.. Give us a third of your income and we will do what’s best. Trust us..Big Brother Government knows best… I just wish more people in high places, Democrats, Republicans, and any elected official, could see what’s wrong with this picture.