Monday, September 21, 2009

September 22nd-Revisited[FedCRAP;Negotiate;EIB;Wicks;obamaCrooked]

What Kinda CRAP Is This??
Have you heard the latest CRAP about the Federal Reserve Bank? They want the power to authorize and approve banking salaries, bonuses and other compensation! The Fed doesn't currently have the authority to set bankers' compensation, but they're lobbying The White House Thugs and the Congressional Idiots for the power.
Here's some history of the system from it's origins:
The first U.S. institution with central banking responsibilities was the First Bank of the United States, chartered by Congress and signed into law by President George Washington on February 25, 1791. The charter was for twenty years and expired in 1811 under President James Madison. In 1816, however, Madison revived it in the form of the Second Bank of the United States. After President Jackson was reelected, he pulled the government's funds out of the bank. Nicholas Biddle, President of the Second Bank of the United States, responded by contracting the money supply to pressure Jackson to renew the bank's charter forcing the country into a recession. From 1862 to 1913, a system of national banks was instituted by the 1863 National Banking Act. A series of bank panics, in 1873, 1893, and 1907, provided strong demand for the creation of a centralized banking system.
The main motivation for the third central banking system came from the Panic of 1907, which renewed demands for banking and currency reform. During the last quarter of the 19th century and the beginning of the 20th century the United States economy went through a series of financial panics. According to proponents of the Federal Reserve System and many economists, the previous national banking system had two main weaknesses: an "inelastic" currency, and a lack of liquidity. The following year Congress enacted the Aldrich-Vreeland Act which provided for an emergency currency and established the National Monetary Commission to study banking and currency reform. The American public believed that the Federal Reserve System would bring about financial stability, so that a panic like the one in 1907 could never happen again; but just 22 years later in 1929, the stock market crashed again, and the United States entered the worst depression in its history, the Great Depression. Some economists including Milton Friedman, Ben Bernanke, Robert Latham Owen and Murray Rothbard believe that the Federal Reserve System helped to cause the Great Depression.
The Federal Reserve System is an independent government institution that has private aspects. The System is not a private organization and does not operate for the purpose of making a profit. The stocks of the regional federal reserve banks are owned by the banks operating within that region and which are part of the system. The System derives its authority and public purpose from the Federal Reserve Act passed by Congress in 1913. As an independent institution, the Federal Reserve System has the authority to act on its own without prior approval from Congress or the President. The members of its Board of Governors are appointed for long, staggered terms, limiting the influence of day-to-day political considerations. The Federal Reserve System's unique structure also provides internal checks and balances, ensuring that its decisions and operations are not dominated by any one part of the system. It also generates revenue independently without need for Congressional funding. Congressional oversight and statutes, which can alter the Fed's responsibilities and control, allow the government to keep the Federal Reserve System in check. Since the System was designed to be independent whilst also remaining within the government of the United States, it is often said to be "independent within the government." The twelve Federal Reserve banks provide the financial means to operate the Federal Reserve System. Each reserve bank is organized much like a private corporation so that it can provide the necessary revenue to cover operational expenses and implement the demands of the board. Member banks are privately owned banks that must buy a certain amount of stock in the Reserve Bank within its region to be a member of the Federal Reserve System.
Where will this lead? I see it advancing from banking salaries~NOT just the "high muckedy-mucks" but those right down to anyone whose compensation "has a bonus computation" in it~to the executives in every company, large and small!! Joe Schmo's Auto Repair, Dress Shop and Diner who might have five or six employees, some of whom are in sales, working on a "production basis" sell more-earn more. The Fed eventually will want to control those as well. Remember that with a small taste of power, the desire for more and more becomes insatiable until the craver is drunk on it!!
POWER CORRUPTS!!
ABSOLUTE POWER CORRUPTS.... ABSOLUTELY!!
Did You Know You Can Negotiate........?
In my readings[Money Magazine-10/2009], I've found three important items that one might think not negotiable:

Number One [in no particular order]: Your doctor bills.

  • Your doctor knows times are tough. He's used to negotiating his fees--he does it all the time with insurers.
  • If you have to shell out a chunk of cas for a covered treatment, offer to pay the doctor and hospital upfront in exchange for a 10-20% discount. They'll often accept to avoid the hassle of dealing with your insurer. No coverage for a dental crown or physical therapy? Offer the lowest rate your provider charges an insurer {typically 30-50% off "retail."} To find those rates check the big insurers' websites or go to http://www.vimo.com/.

Number Two: Your dry-cleaning bill.

  • The recession is squeezing small businesses hard. It's easier to get a discount at an independent shop than at a large chain store.
  • Use your clout as a regular: Tally up your typical monthly tab and show it to your dry cleaner when no other customers are around. Then ask for a 10-20% discount. To sweeten the deal offer to pay cash {card fees add up for retailers!}, or offer to drop off and pick up your clothes on slower days of the week.

Number Three: Your hotel bill.

  • Companies have slashed travel budgets and Americans are stay-cationing in droves. Hotel occupancy is expected to average less than 55% this year.
  • When booking, call the hotel directly {not the 800 number} and ask the front desk or a reservations namager for a discount on the published rate. No Go?? Suggest an upgrade to a suite or the concierge floor, which comes with amenities such as free breakfast and evening hors d'oeuvres at no additional cost. If you're a member of the hotel's frequent-stay program, mention it, for greater leverage.

EIB Network "Official obama Criticizer"

This is Bo Snerdley, official Barack Obama criticizer for the EIB Network, certified black enough to criticize with a heavy dose of pure, unadulterated organic slave blood. I have a statement. President Obama, your weekend media blitz to again try and reverse your sagging fortunes implementing your socialist health care takeover failed. The only ones buying it are those who are already in so deep they can't see out. Nobody else wants in. And you've changed messages so many times you are quickly losing all credibility. It has become apparent that you view speech-making and television appearances as a substitute for real governance. Given the state of our economy and our weakening defense posture, perhaps it is time for you to spend a little less time on television and a little more time coming to terms with the magnitude of failure your leadership is causing. It hasn't been a year yet, you have no major achievement, and you're racking up a string of disasters. Our economy is still in the tank. Our enemies, thanks to your ineffective foreign policy decisions, think we have become a weakened nation, and some are openly gloating about it. Respectfully, sir, shape up or you will soon replace Jimmy Carter as the worst president in the last hundred years. You, sir, have no major achievements and a string of disasters for the American people.

Fluffy obama Caught "With His Pants Down"-AGAIN!!The White House has been caught on tape conspiring to use the National Endowment for the Arts to advance the obama political agenda. The conference call involved Buffy Wicks, Deputy Director of the White House Office of Public Engagement.According to BigGovernment.com, Buffy Wicks, known as "Buffy the Walmart Slayer" to her friends and allies, is the former political director of a group called Wakeupwalmart.com, financed with union money, that successfully harassed Walmart into pulling advertising from the Glenn Beck Show as punishment for Beck's opposition to the obama agenda. Buffy Wicks is also said to have ties to ACORN, the community organizing group now in serious trouble thanks to candid video recording of ACORN officials aiding and abetting crimes such as tax fraud and sex slave trafficking.A partial transcript and audio from the conference call has been posted on BigHollywood.com. It shows Buffy Wicks, Yosi Sergant, then Communications Director of the National Endowment for the Arts, and members of a hand-picked, pro obama arts group discussing how artists receiving NEA grants could produce art that would support the Obama agenda.

Analysis Of Fluffy's Crooked Shit!!

BigGovernment.com addresses the implications of this conference call:

  • "Debating the role of government is and has been the goal of bringing this conference call to light.
  • The NEA tainted the creative process by encouraging the art community to address highly controversial political issues. 'How?' you may ask.
  • The NEA is the largest single funder of the arts in the United States. This government agency has the power and ability to fund arts organizations and recently expressed a desire to return to funding individual artists, bringing more from the group into the pool of potential grantees.
  • "The NEA did encourage a handpicked, pro-obama arts group to address issues under contentious national debate.
  • That fact is irrefutable.
Til Nex'Time....

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