A Bad Week for Freedom

With each passing week it seems this country spirals further into the depths of a frightening dystopian fantasy reminiscent of Huxley and Orwell’s dark world of isolation, fear and government brutality portrayed in their masterpieces Brave New World and 1984. I keep speculating whether it’s me that’s crazy and not the things I’m witnessing on a daily basis. The President signs the National Defense Authorization Act, passed by an overwhelming majority of Congress, which allows the government to imprison American citizens indefinitely without charge. And there is barely a squeak from the docile masses as they are soothed by Obama promising to never use that part of the law. I bet you $10,000 a President will invoke that portion of the NDAA in the very near future.

Jon Corzine, a card carrying member of the ruling elite .01%, remains free to roam one of his five palatial estates after stealing $1.6 billion from the accounts of farmers, widows, and thousands of other “clients” of MF Global. In his spare time he raises money for Obama’s re-election campaign. The Federal government, Federal courts and Wall Street banking cabal have circled the wagons and declared the money just vaporized, even though it sits in Jamie Dimon’s vaults at J.P. Morgan. No one is being prosecuted for this deliberate thievery. The psychopathic Wall Street criminals have been getting away with murder for so long they act invulnerable to societal mores and scoff at our laws, rules and regulations. Those are for the 99%. When you control the politicians, regulators, courts, and mainstream media, it’s easy to get away with murder. The jackals and hyenas are laughing in their NYC penthouse suites as they continue to collect $20 million bonuses for a job well done.

After this past week I’m apoplectic with rage and fury as the rule of law has been discarded and the Constitution trampled upon by a wealthy connected oligarchy bent upon using their absolute power to further enrich themselves. The Wall Street banks that committed the largest financial crime in history, including: fraud in the inducement, forgery, fabricating documents, bribing rating agencies to rate toxic mortgages as AAA, selling fraudulent derivatives to customers, shorting the derivatives they sold to their customers, throwing millions of Americans out of their homes, charging inflated and bogus fees during the foreclosure process, and conducting a colossal cover-up, were slapped on the wrist and made to pay a miniscule $5 billion to the millions of victims of their crimes. Not one banker has been prosecuted. Not one person has gone to jail. Justice in this country is a putrid joke. There has been no outrage from the general public. The propaganda spewed by the corporate media instructs the masses to rejoice at this fair and just verdict. The truth is that 95% of the population didn’t know or didn’t care about the 50 state foreclosure-gate settlement. They were engrossed by the huge controversy over M.I.A. flipping the bird during the Super Bowl halftime show and whether Madonna was upset about the incident.

“Free” Healthcare

While this travesty of justice was playing out, we were treated to a glimpse into the future of healthcare in America administered by politicians and bureaucrats based upon vote count expediency. The government drones at DHHS mandated from on high that every woman in America would receive “free” contraceptives from their employers. Obama had made this decision and instructed his minions to implement his visionary dictate. The outrage and anger from religious groups and employers was instantaneous. Obama saw the 2012 election slipping away and reversed course within a day. He is quite the man of principle. His “solution” was to force insurance companies to provide “free” contraception to any employee of a religious employer that didn’t provide that coverage in their insurance plan. When I hear these sociopathic politicians use the word “free” when describing healthcare or any of their thousands of bankrupt government programs, I have an overpowering impulse to smash something. Insurance companies will not provide “free” contraceptives to women. Insurance premiums will rise for everyone.

Remember Obama’s assertion about his government takeover of healthcare:

“As a consequence of the Affordable Care Act, premiums are going to be lower than they would be otherwise; health care costs overall are going to be lower than they would be otherwise.”

The next government program that reduces costs, provides better service, and is more efficient than the private market will be the first government program to do so. Examples of government ineptitude, corruption and waste include: Social Security, Medicare, Welfare, the Energy Dept., the Education Dept., and the Dept. of War. Jonathan Gruber, MIT economist and chief architect of Obamacare and Romneycare, recently admitted the truth about Obamacare:

“After the application of tax subsidies, 59% of the individual market will experience an average premium increase of 31%. My findings reflect the high cost of folding state high risk pools into the [federal government’s] exchange — without using the money the state was already spending to subsidize those high risk pools.”

Based on what Obamacare has done for the American people before its full implementation in 2014, you’ll be begging for a death panel to put you out of your misery. The following “free” healthcare services were required to be covered by insurance companies in 2010:

  • Cover preventive care without co-pays or deductibles.
  • Allow adult children to stay on parents’ policies until age 26.
  • Increase annual coverage limits.
  • Cover children without regard for preexisting conditions.

Obama’s promise that families would save $2,500 per year in the future might come up a tad short, as insurance premiums skyrocketed by 9% in 2011. Not only have premiums soared, but many companies have increased co-pays from $10 to $25 for doctor visits.

annual growth in employer insurance premiums 2000-2012

Only a deceitful government busybody do-gooder would actually argue that forcing insurance companies to cover millions more Americans and cover pre-existing conditions would result in lower costs for the average family. I wonder what will happen in 2014 when 30 million more Americans are guaranteed “free” healthcare under Obamacare. The saddest part of this oncoming train wreck is that millions of willfully ignorant people actually believed the blatant lies and false storyline fed to them by sociopathic politicians who desire to control every aspect of their lives. These people believe they know what is best for you. They believe they are smarter than you. They do not care what means are required to achieve their ends of absolute domination over your life. Personal freedom, individual liberty and a critical thinking populace are the antithesis to the desires of the governing elite.

Home Sweet Home

The central planners within government and inhabiting the Federal Reserve are never in doubt that their theories, programs, solutions, mandates and schemes will achieve their desired outcome. The trouble for the American people is the desired result is not designed or planned to actually benefit them. The psychopaths drawn to politics, regulatory agencies, and government bureaucracies have no remorse or qualms about lying, utilizing propaganda, and instilling fear to achieve the ends that endorse their self serving agenda. Every dime of government spending is seized from the people by force or created out of thin air by an all knowing self-proclaimed Great Depression expert named Ben Bernanke. This Ivy League professor who has spent his entire life in academia and government thinks he knows which levers to pull to revive an economy that he destroyed. His wisdom is borne out in his prescient assessment of the U.S. housing market as it was imploding:

“We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don’t think it’s gonna drive the economy too far from its full employment path, though.” – July 2005

“House prices have risen by nearly 25 percent over the past two years. Although speculative activity has increased in some areas, at a national level these price increases largely reflect strong economic fundamentals.” – October 2005

“Housing markets are cooling a bit. Our expectation is that the decline in activity or the slowing in activity will be moderate, that house prices will probably continue to rise.” – February 2006

“All that said, given the fundamental factors in place that should support the demand for housing, we believe the effect of the troubles in the subprime sector on the broader housing market will likely be limited, and we do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system. The vast majority of mortgages, including even subprime mortgages, continue to perform well. Past gains in house prices have left most homeowners with significant amounts of home equity, and growth in jobs and incomes should help keep the financial obligations of most households manageable.” – May 2007

It should be clear to everyone that Ben is a goddamn genius. You can see why the mainstream corporate media hangs on his every utterance. He has accepted no responsibility for his part in producing an epic housing collapse and the subsequent recession that continues to this day. His lack of conscience comes in handy as he has destroyed the finances of millions of senior citizens dependent upon interest income to make ends meet. Having no guiding principles or ethics allows him to declare with a straight face that inflation is well contained as gas prices approach $4.00 per gallon, food prices surge 10%, and his inflationary policies contribute to revolutions around the globe.

Last week this sage spoke to the Home Builders Association and left no doubt that he has no interest in what is best for the American people. His economic remedies are the exact opposite of what is needed to cure the disease of a debt ravaged society. Dr. Bernake’s prescription is more debt fueled spending by consumers to refill the coffers on Wall Street. This is not surprising considering he is nothing but a puppet of Dimon, Pandit, Blankfein and the rest of the Wall Street cabal. His speech revealed his allegiances:

“One of the effects of declines in housing wealth is to reduce the ability and willingness of households to spend. It appears that recent declines in housing wealth may be reducing consumer spending between $200 billion and $375 billion per year. That reduction corresponds to lower living standards for many Americans. And, importantly, lower sales of goods and services also reduce the incentives of firms to invest and hire, thereby slowing the recovery. Low or negative equity creates additional problems for households. It reduces financial flexibility: Homeowners who are underwater on their mortgages cannot tap home equity to pay for emergency health expenses or their children’s college educations.”

Whenever I read Bernanke’s words, I’m reminded of George Orwell’s quote about intelligent people:

“There are some ideas so wrong that only a very intelligent person could believe in them.”

This is a man who believes he knows better than the market. He’s an economics professor that doesn’t believe in the law of supply and demand as taught in Econ 101. He thinks he can control home prices. He thinks he knows the ideal interest rate. He thinks he knows just how much money printing will revive the economy. He believes a healthy economy is driven by artificially propping up home prices, encouraging people to spend money they don’t have, recommending that homeowners borrow against their homes ($3 trillion borrowed and pissed away from 2003 through 2008), and forcing banks to make loans to subprime borrowers – again. His solution to the millions of bank owned homes is to use the taxpayer owned Fannie and Freddie to initiate bulk discount sales of these homes to his friends in the .01% so they can turn around and rent them to their former owners. I wish someone could explain to me how this helps the 99%. It is another backdoor bailout of Wall Street on the straining backs of the American taxpayer.

Obama’s housing solutions in 2009-2010 included multiple home buyer tax credits, loan modification programs, and a myriad of other Keynesian claptrap spending schemes. Bernanke supported all of those measures. They spent $30 billion of your tax dollars in an effort to artificially prop up home prices. Home prices have fallen 10% since they threw your money down the rat hole where all government programs reside, and they continue to fall. These central government planners don’t like to publicize the fact they continue to operate Fannie Mae, Freddie Mac, and the FHA as a way to shift losses from Wall Street to Main Street. Fannie and Freddie have lost $160 billion of your tax dollars since 2008, but amazingly the losses don’t show up in the Federal budget because reality has no place in politics or governmental accounting. The FHA just announced they will require a taxpayer bailout for the first time in their 78 year existence, as they lose $5 billion of your money per year on behalf of the Wall Street banking cartel. The toxic mortgages that don’t reside on the books of Fannie, Freddie and the FHA are sitting on Ben’s balance sheet. They reside, hidden from public view, in the “Other Assets” section of the chart below. His tripling of the Federal Reserve balance sheet was done for one reason only – to save the Wall Street bankers, their shareholders, and their bondholders. His actions have in no way benefitted the American people or the American economy.

assets of federal reserve 2005-2012

It is mind boggling the degree to which central planners like Bernanke, Geithner, Obama and Congress will inflict their vision of how the economy and world in general should operate upon the trusting masses. The American people want to believe their leaders are doing what is best for them. They like dwelling in a land of delusion, security and luxury, where government guarantees to protect them from: terrorists; Iranian invasion; saving for retirement; looking out for their own health; educating themselves; and accepting the consequences of living above their means. Their ability to distinguish between truth and propaganda has been thoroughly degraded by years of government proscribed education. We have chosen to become a knowingly ignorant nation of true believers. There is no time for critical thinking while we anticipate our next tweet about the death of drug addicted pop singer. We have been taught to love our servitude.

“…most men and women will grow up to love their servitude and will never dream of revolution.” – Aldous Huxley – Brave New World

The fallacy of government protecting you, taking care of you and providing you “free” benefits is so ingrained in the American psyche that it is virtually impossible to voluntarily reverse the trend. The truth that Americans refuse to acknowledge is that nothing is free in this life. We are not entitled to own a home, a free education, free healthcare, or a comfy privileged existence. Everything government provides is taken by force from someone else. Everything government does has a cost. Americans have traded freedom and liberty for the appearance of safety and security.The cost is constant war, getting groped by TSA perverts, surveillance by government agencies, threat of imprisonment without charges and a $1 trillion price tag per year. The cost of “free” healthcare is mind numbingly ludicrous rules and regulations for doctors and patients, massive fraud, outrageously expensive procedures and medications, and a $100 trillion unfunded liability left for future generations. The ultimate cost of an overbearing, all controlling government will be economic collapse and revolution.

Who Decides?

“Those who vote decide nothing. Those who count the vote decide everything.” –Joseph Stalin

The concluding act during this bad week for freedom occurred on Saturday in the great state of Maine. When it became clear that Ron Paul was going to win the Maine caucuses, the GOP establishment, that has already anointed Mitt Romney the Republican nominee, decided the people of Maine would be told who won. Using the excuse of an impending snowstorm (less than 1 inch), the powers that be cancelled the caucuses in Washington County where a large contingent of youthful Ron Paul supporters dominated. The Girl Scouts didn’t cancel their event in the same county that day. The men who cancelled the caucus are strong Romney supporters. This was a blatant Stalinist act of voter disenfranchisement. The GOP leaders declared those votes would not count in the totals. Despite this despicable act of rigging an election, Ron Paul doubled his vote percentage from 2008. His message of freedom, liberty, non-interventionism, sound money and self-reliance is reverberating across the land among young people who have not been programmed by the governing elite and the corporate mass media. The establishment will do everything in their power, including vote fraud, to prevent Ron Paul’s anti-establishment message from being heard.

A small delegation of authoritative, rich men continues to pull the strings in this country. The examples I’ve sited in the last week prove we are moving ever more rapidly towards what Friedrich Hayek described as a‘dictatorship of the proletariat’. The actions of the governing class point to no other conclusion as described by Simon Black:

  • Hundreds of thousands of mortgage contracts abrogated by the Federal government;
  • Suspension of gun rights by several local governments;
  • The continued criminalization of protest and free assembly;
  • Increased surveillance and police state tactics;
  • Authorization of military force and detention against the citizens;
  • Seizing and/or voiding pension systems into which workers have paid lifelong contributions;
  • Rejection of long-standing senior debt positions in favor of labor unions;
  • Executive and police agencies ruling by regulation and policy, not by legislative process;

When you pose the possibility of a dictatorship in America, the defender of freedom and democracy, old timers scoff and laugh off the possibility. We are the bright shining light on the mountaintop – that preemptively invades other countries; murders suspected foes with predator drones; imprisons and tortures foreigners in secret prisons; and plans to have 30,000 spy drones patrolling the skies over U.S. cities within the next few years. The government now has the authority to imprison U.S. citizens without cause for as long as they see fit. The government plans to lock down and control the internet. How could we possibly descend toward dictatorial rule? The conditions are perfect for sociopaths dwelling in government bureaucracies to make their move, as elucidated by Doug Casey:

“You may be thinking that what happened in places like Nazi Germany, the Soviet Union, Mao’s China, Pol Pot’s Cambodia and scores of other countries in recent history could not, for some reason, happen in the US. Actually, there’s no reason it won’t at this point. All the institutions that made America exceptional – including a belief in capitalism, individualism, self-reliance and the restraints of the Constitution – are now only historical artifacts.On the other hand, the distribution of sociopaths is completely uniform across both space and time. Per capita, there were no more evil people in Stalin’s Russia, Hitler’s Germany, Mao’s China, Amin’s Uganda, Ceausescu’s Romania or Pol Pot’s Cambodia than there are today in the US. All you need is favorable conditions for them to bloom, much as mushrooms do after a rainstorm.”- Casey Report

Call me a raging optimist, but I see positive signs that an irate tireless minority of Americans are coming to their senses and preparing for a showdown with the ruling oligarchy. The tremendous support for Ron Paul’s message among those under the age of 30 is inspiring. His devoted followers have incredible enthusiasm and will be a force to be reckoned with. The upcoming election will be won or lost based upon whether Ron Paul decides to run as a 3rdParty candidate, spreading his inspirational message. The Occupy Movement is also being driven by people under the age of 30. Their courage and audacity in standing up to brutal establishment military tactics and focusing the attention of the world on the greed, avarice and corruption rampant throughout our economic and political system has given me hope that the good guys can win. Every day the Millenial generation gains strength as the power of the older generations slowly wanes.

The internet has proven to be the best weapon in the fight against the governing elite. It offers people the freedom to ignore government sponsored propaganda being blasted by the corporate media. Critical thinkers can connect with other critical thinkers, while seeking the truth and spreading ideas. You can examine websites like Zero Hedge, Jesse’s Café Americain, Of Two Minds, and Mish to comprehend what is really happening in your world. The tumult and outrage exhibited by millions when the despotic Congressional jackals attempted to pass SOPA and PIPA was inspirational. The people’s voice was heard loud and clear. The politicians ruling over our lives have no guiding principles or moral code. They peddle their votes to the highest bidder. They conduct polls to determine what their constituents want to hear and then shockingly tailor a message that voters find to be exactly what they think. These sociopaths only respond to one thing – being exposed as liars and thieves. When they are confronted by an irate citizenry they scatter like roaches in a West Philly row house kitchen when you turn the light on. Yes votes on SOPA turned to No votes quicker than the Federal government can spend a billion of your tax dollars (10 hours). Obama showed how principled his positions are by backtracking on his “free” contraception mandate in less than 24 hours. If we speak loud enough they will listen, or else.

The “or else” is reflected in the chart below showing gun purchases over the last ten years. Millions of good law abiding Americans are armed. The accelerating trend is a hopeful sign that we will not allow a small contingent of corrupt politicians backed by shadowy rich men (22 men have contributed 67% of all the Super Pac money in the GOP primaries), hiding from public view, to treat this country as their personal playground.

nssf adjusted nics 2002-2012

It was a bad week for freedom loving people, but I believe there are enough patriots left in this country to change our course. We are being buried under a blizzard of lies on a daily basis. We have a choice. We can support the existing corrupt crony capitalist establishment (Obama & Romney) or we can declare war on lies, deceit and misinformation by rallying behind the only person who would truly attempt to reverse decades of corruption, sleaze, incompetence, bloat, debt accumulation, and a warped version of free market capitalism – Ron Paul. He is the only public figure willing to level with the American people and tell them the truth. Will we let the concept of truth fade out of the world? The choice is ours.

– by James Quinn via financialsense.com

Christianity and War (Part3)

Part 1: https://twentiesfreedom.wordpress.com/2012/01/03/christians-and-war-part1/

Part 2: https://twentiesfreedom.wordpress.com/2012/01/05/christians-and-war-part2/

Why? Why have so many religious people gotten it so wrong? As I have explained in many of my articles on Christianity and war over the years, there are many reasons: thinking that the war in Iraq was in retaliation for the 9/11 attacks, believing that Saddam Hussein was another Hitler, supposing that Iraq was a threat to the United States, seeing the war in Iraq as a modern-day crusade against Islam, assuming that the United States needed to protect Israel from Iraq, viewing Bush as a messiah figure, equating the Republican Party with the party of God, blindly following the conservative movement, deeming the American state to be a divine institution, failing to separate the divine sanction of war against the enemies of God in the Old Testament from the New Testament ethic that taught otherwise, having a profound ignorance of history and primitive Christianity, reading too much into the mention of soldiers in the New Testament, possessing a warped “God and Country” complex, holding a “my country right or wrong” attitude, and adopting the mindset that brute force is barbarism when individuals use it, but honorable when nations are guilty of it.

I believe the two greatest reasons religious people have gotten things so wrong are American exceptionalism and American militarism.

Many Christians are guilty of nationalistic and political idolatry. They have bought into a variety of American nationalism that has been called the myth of American exceptionalism. This is the idea that the government of the United States is morally and politically superior to all other governments, that American leaders are exempt from the bad characteristics of the leaders of other countries, that the U.S. government should be trusted even as the governments of other countries should be distrusted, that the United States is the indispensable nation responsible for the peace and prosperity of the world, that the motives of the United States are always benevolent and paternalistic, that foreign governments should conform to the policies of the U.S. government, that most other nations are potential enemies that threaten U.S. safety and security, and that the United States is morally justified in imposing sanctions or launching military attacks against any country that refuses to conform to our dictates. These are the tenets of American exceptionalism.

The result of this American exceptionalism is a foreign policy that is aggressive, reckless, belligerent, and meddling. This is why U.S. foreign policy results in discord, strife, hatred, and terrorism toward the United States. We would never tolerate another country engaging in an American-style foreign policy. How many countries are allowed to build military bases and station troops in the United States? It is the height of arrogance to insist that the United States alone has the right to garrison the planet with bases, station troops wherever it wants, intervene in the affairs of other countries, and be the world’s policeman, fireman, social worker, security guard, mediator, and babysitter.

The other reason religious people have gotten things so wrong is American militarism. Americans love the military, and American Christians are no exception. There is an unseemly alliance that exists between certain sectors of Christianity and the military. Even Christians who are otherwise sound in the faith, who treasure the Constitution, who don’t support the wars in Iraq and Afghanistan, and who oppose an aggressive U.S. foreign policy get indignant when you question the institution of the military. It doesn’t seem to matter the reason for each war or intrusion into the affairs of another country. It doesn’t seem to matter how long U.S. troops remain after the initial intervention. It doesn’t seem to matter how many foreign civilians are killed or injured. It doesn’t seem to matter how many billions of dollars are spent by the military. It doesn’t even seem to matter what the troops are actually doing – Americans in general, and American Christians in particular, believe in supporting the troops no matter what. Americans are repulsed by the serial killer who, to satisfy the most basest of desires, dismembers his victims; but revere the bomber pilot in the stratosphere who, flying above the clouds, never hears the screams of his victims or sees the flesh torn from their bones. Killing women and children from five feet is viewed as an atrocity, but from five thousand feet it is a heroic act. It is sometimes suspicious when a soldier kills up close, but never when he launches a missile from afar.

Christians of all branches and denominations have a love affair with the military. To question the military in any way – its size, its budget, its efficiency, its bureaucracy, its contractors, its weaponry, its mission, its effectiveness, its foreign interventions – is to question America itself. One can condemn the size of government, but never the size of the military. One can criticize federal spending, but never military spending. One can denounce government bureaucrats, but never military brass. One can depreciate the welfare state, but never the warfare state. One can expose government abuses, but never military abuses. One can label domestic policy as socialistic, but never foreign policy as imperialistic.

It is the U.S. government that is the greatest threat to American life, liberty, property, and peace – not the leaders or the military or the people of Iraq, Iran, Afghanistan, Pakistan, China, or Yemen. And as James Madison said: “If tyranny and oppression come to this land, it will be in the guise of fighting a foreign enemy.” Christians should vigorously dissent the next time some warmongering politician says there is some great evil in the world that must be stamped out by the U.S. military. As John Quincy Adams said: “America . . . goes not abroad seeking monsters to destroy.” Christians should stop regarding the state’s acts of aggression as benevolent. Christians should stop presuming divine support for U.S. military interventions. And because just war theory merely allows Christians to make peace with war, they should reject it just as they would any theory of just piracy or just terrorism or just murder. It is Christians that should be leading the way toward peace and a foreign policy of nonintervention. It is Christians that should be leading the way toward the ideas of Ron Paul.

Planned Parenthood’s Annual Report: Got $487.4M in Tax Money, Did 329,445 Abortions

-CNSNEWS.com

According to its latest annual report , the Planned Parenthood Federation of America (PPFA) received $487.4 million in tax dollars over a twelve-month period and performed 329,455 abortions.

planned parenthoodPlanned Parenthood Federation of America President Cecile Richards and President Barack Obama. (AP Photo)

In addition, the number of adoption referrals made by the organization continued to decline.

The latest annual report covers the period from July 1, 2009 to June 30, 2010, the PPFA’s fiscal year. Thereport  states that the organization received “government health services grants and reimbursements” totaling $487.4 million.

Previous Planned Parenthood annual reports showed total funding from “government grants and contracts” (which were $363.2 million in 2009), while this year’s report also accounts for payments from Medicaid managed care plans among the payments the group receives from government .

When compared with previous annual reports, the latest one shows an almost steady increase in the number of abortions performed at its clinics: In 2006, Planned Parenthood did 289,750 abortions; in 2007, it did 305,310; in 2009, it did 331,796; and, in 2010, it did 329,445–a small decrease from the previous year.

The annual report for fiscal year 2008-2009  does not include abortion or adoption figures, but a PPFA Fact Sheet posted on its Web site and said to be current as of September 2010, states that 324,008 abortions were performed at Planned Parenthood clinics around the country in 2008.

According to PPFA’s annual report for fiscal year 2007-2008 ,  in 2007 Planned Parenthood’s “adoption referrals to other agencies” totaled 4,912. In Fiscal Year 2010 that number was 841, a decrease of 82.8 percent.

The PPFA Fact Sheet states that adoption is included in 1 percent of services in 2008 (primary care and “other services” are included in that 1 percent), or 2,405 adoption referrals.

The latest annual report claims that abortion services make up 3 percent of “medical services,” but PPFA states it served 3 million people and performed 329,445 abortions – numbers that show 11 percent of customers received an abortion.

The Fiscal Year 2009-2010 annual report also shows that PPFA’s net assets as of June 30, 2010 topped $1 billion, specifically $1,009,600,000.00.

Planned Parenthood supporters at a rally in Philadelphia, Pa. (AP photo/Matt Rourke)

Marjorie Dannenfelser, president of the Susan B. Anthony List, a pro-life organization that lobbies Congress to defund Planned Parenthood, called the organization an “abortion giant.”

“With over a billion in net assets and a business model centered on abortion and government subsidies, it is time for Planned Parenthood to end its reliance on taxpayer dollars,” Dannenfelser said in a statement. “Despite an unprecedented effort by statewide and federal leaders to defund them, a wave of former employees willing to testify against them, and uniform agreement amongst Republican presidential candidates that they should be defunded, Planned Parenthood continues full-steam ahead.”

“They are unwilling to answer to the pro-life American majority that wants out of this business,” Dannenfelser said.

As reported earlier by CNSNews.com, a spokesperson with Planned Parenthood told Bloomberg’s Businessweek last year that 90 percent of government funding the organization gets is from the federal government or from Medicaid.

True Debt

We have a massive, misunderstood debt problem.  Income tax receipts are roughly $900 billion a year. Corporate taxes are roughly $200 billion annually. That’s $1.1 trillion in tax revenue. Our current government expenditure is $3.5 trillion. Even if you doubled tax revenue, we would still be facing a $1.3 trillion deficit.

“Wait a minute,” you say. “How can that be? Doesn’t the mainstream media report that our deficit is only around $1 trillion per year right now?” Yes, that’s what they report. But that’s because the government counts all $850 billion of payroll taxes (Medicare and Social Security) as current income. It’s not. Those taxes are supposed to be funding the future liabilities of those programs, but we’re spending all that money now. If a private corporation did the same thing, its executives would all go to jail.

The problems with Oil

Oil runs the world. It’s a scarce resource with limited availability. This is a problem.

America is shooting itself in the foot via foreign policy. The trillions spent on our military conquests actually act to subsidize the price of oil and assure its availability at a slightly lower price. This proves detrimental to the long term health of America. If the natural market was allowed to allocate prices and our government didn’t continually intervene in the oil markets, a viable alternative might finally be seen. Right now, the false prices act to neglect the free market and stifle alternative growth. A truly free market is the only hope for future energy independence, and as of now, it does not exist.