Wednesday, January 28, 2009

George Soros and President Obama

Money is the mother’s milk of politics. In the case of President Obama, that dairy trail leads directly to one man- George Soros.

Soros is the 28th richest man in America. He is a hedge fund manager who is the single, largest investor in Obama. Soros gave $3.65 million to Democrats in 2008, but his track record involves much, much more.

“The man who broke the Bank of England” and who got convicted of insider trading in France, helped create the extremist organization MoveOn.org. This organization of 4.5 million far-Left activists gave over $88 million to Obama’s campaign.

Soros spent over $20 million in 2004 trying to defeat Bush, calling it “the central focus of my life, a matter of life and death.” “America under Bush,” Soros declared, “is a danger to the world, and I’m willing to put my money where my mouth is.” Would that kind of political fanaticism motivate this hedge fund crook to go as far as wrecking the American economy in order to get his way?

One must remember that McCain was leading in the polls before the announcement of the economic Bailout. President Bush, following the advice of Treasury Sect. Henry Paulson, advocated the $700 billion plan. The purpose was to mitigate the toxic “subprime” loans clogging-up the credit markets and jeopardizing Wall Street.

Paulson proved not to be a dependable choice for Treasury Sect. Bush likely appointed him only because he could easily pass Democrat confirmation. Truth is: much of Bush’s second term could be characterized as expending political capital in order to maintain support for the Iraq War.

It may come as a shock to many, but Paulson is a Democrat and had previously worked for Goldman Sachs, a very Democrat-leaning investment firm. Seventy-three percent of Goldman’s 2008 campaign contributions, (nearly $4 million), went to Democrats. Obama’s number one financial “bundler” was Goldman Sachs! So, it’s safe to say that Paulson is not exactly a friend to Republican policies.

In the crisis of September, Paulson acquired virtual dictatorial powers with the TARP money that, curiously, also included authorization to bail out banks in China! This is particularly interesting given the fact that Goldman Sachs has been the leading underwriter of Chinese equity services as well as a chief adviser for Chinese mergers and acquisitions. Additionally, Chinese financial institutions own more than $30 billion of Fannie Mae and Freddie Mac paper!

Even more suspicious is Sect. Paulson’s effort in 2006 to create a new U.S./China economic arrangement while owning a $25 million Goldman Sachs’ investment in the Industrial and Commercial Bank of China.

Back in September, President Bush announced the SEC would be stepping up enforcement action “against illegal market manipulation.” The SEC (Security and Exchange Commission) issued a statement indicating their intention to require disclosure regarding short selling, fraud and market manipulation. Hearings were proposed where: “hedge fund managers, brokerage dealers and institutional investors with significant trading activity in financial issues or positions in Credit Default Swaps, (CDS) [would] be required, under oath, to disclose those positions to the Commission.”

These Credit Default Swaps played a huge role in the financial collapse. Lehman Brothers was the seventh largest ‘counterparty’ in the CDS market, underwriting billions of dollars of debt-financed contracts. When they defaulted, the resulting exposure sent shock waves throughout the $62 trillion global, CDS market. Consequently, this large-scale leveraging of derivatives had disintegrated into a large-scale de-leveraging.

Hedge funds like these, especially with the “mark to market” rule, give investors like George Soros an unfair opportunity to manipulate values for private gain. In 2005, Soros fought the SEC’s proposal to impose more regulations on hedge fund managers!

Democrats have a lot of interesting ties to hedge funds. Chelsea Clinton works for Avenue Capital Group. Joe Biden’s son Hunter is president of Paradigm Companies and is currently involved in a fraud scandal. Former presidential candidate John Edwards works for a hedge fund that was a major player in subprime mortgages.

So, what does George Soros want? His Open Society Institute advocates a variety of New Age-type programs with operations in 60 countries. Soros strongly supports the legalization of drugs, but his chief aim is to end American supremacy. He wants to strengthen global institutions like the International Criminal Court (ICC), so as to usher in a World Government.

Vice President Biden has expressed agreement with these goals in a Wall Street Journal article entitled, “How I Learned to Love the New World Order.” George Soros, not so coincidently, wrote a book in 1993 called, “Toward a New World Order.” In time, I believe we’ll all discover: this political milk is sour. (send comments to: WFC83197@aol.com, or mail to P.O.B. 114, Jacksboro, TN 37757)

Friday, January 23, 2009

Roll Over Abe Lincoln

Abraham Lincoln must be rolling over in his grave. A government of the people, by the people and for the people with an emphasis on freedom is not what President Obama represents. To say the inauguration was ‘over the top’ in all of its hype, symbolism and Lincoln references is as understated as saying Garth Brooks loves the spotlight. This was nauseating!

Lincoln said, “you can fool some of the people all of the time, all of the people some of the time, but you can’t fool all of the people all of the time.” This is why Obama will fail.

A majority of Americans are Conservative. It just so happens a good portion of them got bamboozled into voting for Obama while another sizable group stayed home out of disgust for moderate McCain. That’s how Obama won.

Lincoln understood the Constitution as an expression of the sovereignty of the people, not a suicide pact for exploitation. When the South seceded, Lincoln saw it as an unconstitutional infringement upon the people. The people had formed the Union, not the states, so they were being oppressed by the Confederate rebellion. Lincoln sought to save the Union, under the Constitution, thereby preserving the rights of the people. His Gettysburg Address defends this great theme. Europeans, and others, were still very distrustful of representative democracies where authority was vested in the people. They believed authority must come from some central figure like a King, Pope or Master in order to be legitimate.

Like the Europeans, President Obama is compelled, by his Liberal ideology, to distrust the people and to doubt the benevolence of freedom. His governing philosophy is no secret. He compiled the number one most Liberal voting record in the U.S. Senate. What does this mean?

Obama distrusts people and freedom. To do as you please with your own private property in the marketplace is a threat to elitists like Obama. As a Liberal, Obama is blind to freedom because his philosophy respects groups not individuals. Furthermore, he sees America as the enemy causing all of the world’s problems. He recognizes Christians and orthodox Jews as impediments to global peace. He vows to “share the wealth” through global schemes of wealth redistribution that undermine our Constitutional sovereignty. And, he sees America’s use of energy as an offense to the world that must be stopped no matter the cost.

Lincoln was for the common man. He said the Lord must love common folk because he made so many of them! Unlike Obama, Lincoln wasn’t praised by the media of his day. They called him the Original Gorilla, a Monster, and a Tyrant unfit for office. Obama, on the other hand, is treated like an American Idol capable of producing thrills up the legs of news anchors. Symbolism is all that matters, there’s nothing of substance. Well, nothing he can be honest about! Obama’s task is impossible. He must somehow maintain his superficial popularity while pursuing unpopular goals. A majority of Americans disagree profoundly with Obama on a whole range of substantive issues, so this great divide is sure to be exposed.

Americans don’t want defeatism, appeasement and multilateralism in foreign policy. They don’t want higher taxes and the chains of socialized medicine. Americans won’t go along with Global Warming dictates that demand a decrease in their standard of living. They don’t want homosexual marriage, unrestricted abortions, gun control, the Fairness Doctrine, ACLU ascendancy and liberal judges. Americans want “Right to Work” states not a return to union superiority via “Card Check.” They want better schools not higher taxes to fund failing ones. Americans oppose open borders and will not put up with more benefits going to increasing numbers of illegal aliens. They want to get the bad guys in the War on Terror, ala Jack Bauer, and not be put at a disadvantage by the constraints of domestic law enforcement.

Obama is facing a Lincoln-size complexity of issues, but his heart is not Lincoln’s heart. Lincoln fought tenaciously for an independent America, free from the old colonial ties exploited by the British in the South. Conversely, Obama wants to put America onto a global plantation where we get a small cabin at the UN in the slave quarters next to Zimbabwe. Socialism, after all, is very similar to plantation slavery: free healthcare, food, clothing, housing in exchange for your labor and total subservience. You have cradle to grave benefits, but you can never be free to do what you want as God intended. Your soul is captured and caged all in the “sacred” name of the collective good. That ain’t America and that ain’t Lincoln. Excuse me while I barf. (send comments to WFC83197@aol.com, or mail to POB 114, Jacksboro, TN 37757).

Tuesday, January 13, 2009

America’s Grassroots Republic

Last week a true American hero passed away. Juanita Hill Baird, of Jacksboro, TN, was the quintessential American. Her decades long activism in Republican politics exemplified the best of what Benjamin Franklin could have ever hoped for.

When Franklin left Independence Hall on Sept. 17, 1787, at the conclusion of the Constitutional Convention, a woman asked him, “what kind of government have you given us, Dr. Franklin?” He replied, “a republic if you can keep it.”

Implicit in that statement is the core foundation for our American system of government. Franklin knew that the Convention had placed all of its trust in the conscience of American citizens who would have the responsibility for proper administration and maintenance.

Juanita Baird accepted that responsibility with the gusto of a Paul Revere or Betsy Ross. She volunteered wholeheartedly and worked tirelessly in a variety of civic roles. She served 28 years on the Tennessee Republican Executive Committee and was District Treasurer for the Tennessee Republican Women’s group. In all things, she was found to be eminently trustworthy.

Locally, Mrs. Baird was the backbone of the Republican Party serving as president of the Campbell County Republican Women’s Club for several terms. In 1985, she was named the Tennessee Republican Woman of the Year. Mrs. Baird was profoundly respected for her integrity, her passion and her optimism that never failed. She kept the flames burning for 93 years, and left a legacy that will endure in the charmed memory of her many friends.

America is perhaps the only country in the world with a governing foundation that requires and anticipates such heroes as Juanita Baird. The “Spirit of 76” was truly a revolutionary idea unlike any other. Modern Americans seem to have forgotten that.

According to Constitutional scholar Earl Taylor, Jr., “the question of independence hung precariously on the single, slender thread of whether or not the people were sufficiently ‘virtuous and moral’ to govern themselves. Self-government was generally referred to as ‘republicanism,’ and it was universally acknowledged that a corrupt and selfish people could never make the principles of republicanism operate successfully.”

Franklin agreed, saying, “only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters.”

James Madison defined our Republic as “a government that derives all of its powers from the great body of the people [and] not from an inconsiderable proportion or favored class of…tyrannical nobles.”

America represented a totally new type of republic. The Founders rejected the two most familiar brands, (parliamentary and confederate), because of their inherent flaws. The legislative supremacy of parliaments had proved to be just as tyrannical as monarchy, and the state supremacy of the Articles of Confederation proved to be too weak during the Revolutionary War. The Founders, therefore, avoided both kinds in favor of a new republic built upon two ideas: power would be invested in the people, and the people would exercise their power through elected representatives chosen by each state.

The concern at the Convention was whether the people were capable of exercising the serious and sacred responsibility of self-rule. Thomas Jefferson’s answer to this quandary was to bind public officials under the restraints of a written constitution. “In questions of power,” Jefferson said, “let no more be said of confidence in man, but bind him down from mischief by the chains of the Constitution."

According to Taylor, “only under a Constitutional Republic do the people enjoy the full right of self-rule. The privilege of self-rule has not been had by many people throughout the entire history of the world. Americans must consider themselves especially blessed people.”

It’s important to note that we have a Constitutional Republic and not a democracy. James Madison, “the Father of the Constitution” warned, “democracies have ever been spectacles of turbulence and contention, incompatible with personal security or the rights of property, and as short in their lives as they have been violent in their deaths.”

Grassroot-patriots like Juanita Baird, all across our country, represent the true constitution of our government. By their faithful vigilance, they serve as the guarantors of America’s promise of liberty and justice for all.

“It is in the political area,” Taylor contends, “where we vote for God’s plan of freedom or Satan’s plan of slavery where we indicate whether we belong with the just or the unjust, and whether we are able to overcome the disposition to abuse authority.”

May God grant us more heroes like Juanita Baird to fortify the ongoing work of keeping America on the right track! (send comments to WFC83197@aol.com, or mail to POB 114, Jacksboro, TN 37757).