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More Guns, Less Crime in ’09

January 4, 2010
by Joel Bailey

Reposted from National Center For Policy Analysis

MORE GUNS, LESS CRIME IN ’09

Americans went on binges buying guns and ammunition in late 2008 and early 2009, worried that a radical leftist president and Democrat-dominated Congress would violate their Second-Amendment rights to keep and bear arms.  The effects?   Less murder, robbery, rape and property crime, according to report released last week by the Federal Bureau of Investigations (FBI).

The gun-buying started shortly before, and then took off after, President Barack Obama’s election, says the American Thinker:

  • The Toronto Star reported a 15 percent increase of 108,000 more FBI background checks in October 2008 than during the same month in 2007.
  • In November 2008, the number of FBI background checks on applicants buying guns spiked 42 percent from the previous year.
  • The FBI performed 12.7 million background checks in 2008, compared to 11.2 million in 2007, a 13 percent increase.

More evidence of rampant gun-buying in the states, according to the American Thinker:

  • Through June 2009, the Texas Department of Public Safety received a monthly average of 12,700 applications for concealed handgun licenses, up 46 percent from the average in 2007.
  • In liberal Massachusetts, gun permits surged 15 percent over the last two years (after falling several years before that).

Source: Joe Gimenez, “More Guns, Less Crime in ’09,” American Thinker, December 30, 2009.

For text:

http://www.americanthinker.com/2009/12/more_guns_less_crime_in_09.html

For FBI report:

http://radio.woai.com/cc-common/news/sections/newsarticle.html?feed=104668&article=6492241

For more on Crime:

http://www.ncpa.org/sub/dpd/index.php?Article_Category=14

The Illusion of Option Number 2

December 18, 2009
by Joel Bailey

Postby VisionVictory » Sun Dec 13, 2009 2:37 am

Every single fiat currency that has ever existed prior to the ones we have with us today, has eventually been destroyed by its government. Let me say that again. Over 3,800 fiat currencies have failed with the exception of the ones we have with us today. So, what’s different about the ones we have with us today? Nothing.

The only difference between a fiat currency that has value today and one that no longer exists, is time. Currently, the world is supported by a 38 year old fiat Dollar system. Prior to the entitlement boom, the U.S. Dollar was as good as gold..literally. Prior to 1933 Americans had a currency that was redeemable in gold and silver. Sound money kept control of our government through limited supply and demand. Unfortunately, Democrat President Woodrow Wilson created the creature from Jekyl Island known as the Federal Reserve in 1913.

With the free market no longer influencing interest rates and credit worthiness, the U.S. economy entered its first Federal Reserve boom bust cycle with the roaring 20’s followed by the Great Depression, then by war, more war, recessions (new word for depressions), and of course the Great Society. With the transition from Republic to Empire complete, Republican President Nixon did what any good emperor would do, devalue the currency and keep the party going.

You see all leaders with sound money face the same two choices:

1. They can live within their means; tell their constituents the truth about war, government services, and the free lunches that aren’t really free. If society wants war, services, and free lunch for all they will need to be taxed. I’ll let you guess how many Kings, Emperors, and Presidents have chosen option number 1.
2. Screw sound money. We’ll borrow instead of tax. Print instead of making payments. No one will even notice since we (the government) can tame inflation. You see at first no one notices. No one even cares. The tax revenue and deficits are still not that far a part. Of course as government gets bigger and more free lunches are passed out, the debt rises so much that just the interest becomes, oh say 202 billion for 2009

With the unlimited man made fiat dollar the sky is the limit, I mean it took Republican President Ronald Reagan one term to grow the national debt larger than all the previous Presidents combined. Did Ronald Reagan create all the unaffordable entitlements? No, and neither did Obama or Bush for that matter. But guess what they all do have in common, they all chose option number 2.

One of the biggest frauds in the world today is that the United States dollar is a safe haven. The U.S. dollar became a safe haven when it still had ties to gold and silver. Shortly after WWII the gold dollar was crowned with world reserve status. This meant nations and central banks agreed to do transactions in U.S. dollars. Because of this, demand for U.S. dollars Nations and Central Banks have saved and looked to the dollar as a store of value.

The fiat dollar didn’t come until 1971. President Nixon feeling the pressure of war and exploding entitlements closed the gold window. The dollar was now a free floating fiat currency. And by the way, with world reserve status, it was still in high demand. With the dollar now backed by a printing press and still in high demand, U.S. consumers were given the ultimate global credit card.

For the last 3 decades the world has produced, saved, and built their nations, while the U.S has been busy maxing out their global credit card by borrowing, spending, and living the good life. No need to save when the world needs dollars to buy oil, we have lenders lined up at our interest only door steps. Who needs capital to expand an economy when you have China, Japan, and the whole world begging for freshly printed U.S. currency?
How long will this party last?

In my opinion the party is already over, we’re just too drunk on debt to notice. Americans have been in an illusion of wealth for so long, they actually believe that 2005 was a normal year. Most believe a recovery is likely and will bring back good times. Meanwhile the world is buying less and less U.S. currency, a trend that has accelerated to the downside for the last 9 years.

The U.S. currency has seen dramatic declines priced against gold, oil, Euros, and food. U.S. stocks as well priced in oil, gold, food, Euros, Aussie dollars, Canadian dollars, Swiss francs, and almost any other item of value has seen a decline. I know, stocks are up, but my point is that they are only up in Dollars. It’s a trick and all part of the illusion; in fact, you can call it the final act. As I write this, congress is about to raise the debt ceiling again, but this time its going to be raised to a record 1.9 trillion.

Previous to 2009 the record for an annual deficit was less than half a trillion. 2009 blew the roof off with a 1.4 trillion dollar deficit, payments of course have been kept down with an artificially low rate of 2% and of course paying our lenders back in a devalued currency has also helped the trickery. The breaking point in my opinion is here, now, today, and it is only a matter of time. Remember how I said the trend for buying dollars is down? Well guess what, the demand for borrowing is up, up by more than you can imagine.

It took 205 years for the national debt to hit 1 trillion dollars, less than 10 to hit its second trillion, and in 2009 less than 9 months to add 1 trillion to the deficit. According to the Congressional Budget office for fiscal year 2010, we should hit a trillion just 7 months in. So let’s look at the macro data, more war, more interest, more entitlements, entitlement spending, and less revenue from baby boomers and foreign lenders. Hmm, I wonder if they will continue the weak dollar policy.

People who still hold their wealth in U.S. dollars blow me away. I can’t tell you the day or time, but I can tell you that ALL nations who have chosen option number 2, ALL empires, ALL fiat currencies eventually come to an end. When that day comes, its not going to be pretty. The drug of stimulus, artificial interest rates, and printing prosperity will turn into a hyperinflationary nightmare. Those on the fence will be washed away by a foreign tsunami flooding the nation with dollars. They will be buying our gold, silver, valuable real estate, commodities, and other assets. Foreigners will turn in their dollar causing prices for everyday Americans to become unreachable.

Like ALL other fiat currencies, the dream will end in a terror. Nation after Nation has repeated history, the history that you can not print your way to prosperity. You can not devalue your currency to pay debts and you can not sustain an endless military occupation of the world. In closing, the dollar crisis is here, and there is no turning back.

State Rep Button District 112 Celebration

October 31, 2009
by Joel Bailey

Join State Representative Angie Chen Button for a District Celebration to Honor the Great Constituents of District 112

With Appearances by Local Officials from the Cities of Garland and Richardson and a Special Presentation by Michael Quinn Sullivan of Texans for Fiscal Responsibility

Food, Refreshments, and Door Prizes Provided

Thursday, November 5, 2009

5:30-7:00 PM
DFW Technology Activity Center
999 East Arapaho Road, Suite 300
Richardson, TX  75081

RSVP at 972-234-8980 or angie.button@house.state.tx.us

Big Government Or Small Government?

October 23, 2009
by Joel Bailey


Written by Selwyn Duke
Friday, 23 October 2009 09:23

big governmentOur love affair with big government becomes more intense as our nation ages. But are we looking for love in all the wrong places?

After giving a speech in Toronto, Canada, several years ago, I spoke to some of the high school students in attendance. While talking about the role of the state with one of them, he said: “Government is there to make people happy.” He was a nice, intelligent young man, and he made the statement in a non-confrontational, matter-of-fact manner.

While such an attitude reminds one of what a certain road is paved with, unfortunately, his perspective is shared by millions of Americans. Of course, some of these people are well-meaning, but they nevertheless are lacking in a very traditional American quality: distrust of government. How American is it? Columnist Dr. Walter Williams treats this in his piece, “American Idea,” writing:

At the heart of the American idea is the deep distrust and suspicion the founders of our nation had for government, distrust and suspicion not shared as much by today’s Americans. Some of the founders’ distrust is seen in our Constitution’s language such as Congress shall not: abridge, infringe, deny, disparage, violate and deny. If the founders did not believe Congress would abuse our God-given rights, they would not have provided those protections. After all, one would not expect to find a Bill of Rights in Heaven; it would be an affront to God. Other founder [sic] distrust for government is found in the Constitution’s separation of powers, checks and balances and the several anti-majoritarian provisions such as the Electoral College and the requirement that three-quarters of state legislatures ratify changes in the Constitution.

Why have Americans lost this healthy suspicion? For one thing, since we Western moderns have never lived under a King George — let alone a Stalinesque tyranny — we often assume our nation could never descend into such a state. It also is no coincidence that as faith in God shrinks, government grows. After all, man tends to look to his “higher power,” to use that fashionable term, for aid and comfort. But if you don’t believe in the next world, your higher power will be in this one — and this fold’s most powerful entity is the biggest government. This is perhaps why people look to little g to provide sweetness and light for you and me. Yet one obvious difference between God and gov. is that the latter doesn’t share the former’s perfection. Given this, is government really like God, with bigger being better?

Let’s start with a question: Would you like to empower the top executives at PepsiCo, Ford, Microsoft or Bear Stearns to control your life? Would you like them to determine your tax burden, regulate your businesses and devise school curricula for your children? This prospect disturbs many and is downright frightening to those suffering from “corporaphobia,” and I wouldn’t like the idea myself. But why then would you place such power in the hands of the federal government? Do people suddenly become angelic upon acquiring a government position? Does such status grant them a special dispensation from the frailties plaguing man?

Oh, but isn’t the federal government balanced because it comprises 535 duly elected representatives, the Supreme Court and the President? True, it isn’t a dictatorship, so power is somewhat dispersed. But then how about filling those slots with the same number of top executives from across the corporate world and then giving them carte blanche?

If you’d say that corporate types are a group of elitists lacking in diversity, this may be true. But what are politicians? Do they represent an accurate cross-section of America? Before answering, remember that we don’t pluck these people out of a phonebook. While they may come in many shapes, sizes, colors and both sexes, they also are a select group. They have the drive and means to run for office and possess greater than average political skills. They are wealthier and have more formal education than the average American, and, most strikingly, the majority of them are lawyers. (Note: I’d seriously consider a law — legitimized by constitutional amendment if necessary — prohibiting lawyers from running for public office. We already have one branch of government, the judicial, that is a lawyers’ playground. Why should the other two be populated with members of the same legalistic milieu? Talk about a destructive lack of diversity.)

Let’s place this in further perspective. Many lament the rise of Wal-Mart and death of the small mom-and-pop shop. Not only does the phenomenon change the face of small-town America, it has other effects as well. For example, we all know that a small, intimate business with ties to its community offers better, more personalized service than a large corporation; for one thing, not only is the former’s owner often the fellow you meet on the street, but you also can see him when patronizing his establishment. In contrast, the top dogs at a large company are anonymous figures whose rarified air you not only will never breathe but would even have trouble locating.

And what would we not apply this to? Would you rather place your children in a corporate daycare center whose executives make their decisions 1000 miles away or in a local one run by people in your town? What about law enforcement? Blackwater or the local sheriff? What about your schools? Big corporation or local? How about when you need your car repaired, medical care, a nurse for an aging parent, a plumber or a carpenter? Big corporation or local?

OK, why should this answer change simply because the giant entity is public rather than private?

Nevertheless, many people would give us a Wal-Mart government (at, inevitably, a Saks Fifth Avenue price). But if you can’t trust your local officials — who are often the people you meet on the street and whom you can talk to at town hall — how can you trust federal officials? How does it make sense to out-source local responsibilities to nameless, faceless, anonymous bureaucrats 1000 miles away, people to whom you’re just a number?

This brings us to the principle of “subsidiarity,” which correctly states that the smallest unit of society capable of performing a given function should be the one to do so. This is why small government shouldn’t be a Republican, conservative or even just a constitutionalist idea; it is simply a correct idea. It is why it’s not even just a governmental idea; it applies to everything. If the “family government” can handle a task, a community organization’s “government” cannot do a better job; if the former cannot tackle something but the latter can, there’s no reason to involve local government.

And the feds are the last link in this chain.

Once this is understood, it becomes apparent that a small-government philosophy isn’t synonymous with hatred for government. It’s synonymous with recognition of and respect for the various “governments” and their roles.

Lastly, remember, there has never been a government of godlike charity and benevolence, but there have been many of devilish barbarity and violence. Big government is the small idea that great power somehow breeds great virtue. Small government is the big idea that man’s vice must be kept in a small cage.

What Happens If the Dollar Crashes?

October 20, 2009
by Joel Bailey

From BusinessWeek.com, by Peter Coy

The financial crisis taught us that markets can drop further and faster than anyone expects. Housing prices, for example, fell for three straight years starting in 2006, even though the conventional wisdom right up until the bust began was that prices would not fall even a little bit.

Let’s apply some of our hard-won knowledge to the dollar, which is also supposed to be resistant to a bust. After weakening gradually since 2002, the greenback rose during the financial crisis last year. It has fallen roughly 15% since March as investors moved to higher-yielding currencies. The conventional wisdom is that at these levels the dollar is cheap and, if anything, due for a rebound. “Currencies don’t go much more than 20% from their long-term averages in real [inflation-adjusted] terms. We’re there already,” says Michael Dooley, an economist who is co-founder and research chief of Cabezon Capital Management, a San Francisco investment firm.

But it’s worth at least thinking about the possibility of a dollar bust. The reason the housing bust had such devastating consequences was a failure of imagination: Lenders, regulators, credit raters, and others simply couldn’t believe that house prices would ever fall the way they did, so they were blindsided.

BANK BLOWUPS POSSIBLE

Let’s imagine the dollar quickly dropped by a further 25% against each major world currency, roughly parallel to housing’s unprecedented 30% decline. That would mean it would take $2 to buy a single euro. On the good side, U.S. manufacturers would find it easier to compete globally, and foreign tourism would boom in the U.S. On the bad side, inflation in the U.S. would zoom because of the rising cost of imported products. Americans would have even more trouble getting a loan as foreign buyers pull out of the debt market.

Abroad, the cheap dollar would make it harder for other nations to export to the U.S., hurting their growth. China could face social unrest. Trade wars could break out. And there could be blowups at overexposed banks whose risk managers were sure no such dollar bust could happen. As investor Warren Buffett once said: “You only find out who is swimming naked when the tide goes out.”

Federal regulators are monitoring banks for a wide variety of risks, including the threat of a dollar bust: “We’re not looking quarter to quarter, we’re looking hour to hour and minute to minute at what those risks are,” says one regulator who requested anonymity.

Click here for full article.

November 3rd Election

October 19, 2009
by Joel Bailey

For the November 3rd Election, Precinct 1704 will be voting at Greenwood Hills Elementary School, 1313 West Shore Drive. Richardson North Junior High will not be a polling location for this election.

Click here for a sample ballot for the Constitutional Amendment / Joint Election.

If you’re interested in early voting, click here for a list of early voting locations.

Early Voting Times:
October 19, 2009 (Monday through Friday) October 23, 2009 8:00 A.M. – 5:00 P.M.
October 24, 2009 (Saturday) 8:00 A.M. – 5:00 P.M.
October 25, 2009 (Sunday) 1:00 P.M. – 6:00 P.M.
October 26, 2009 (Monday through Wednesday) October 28, 2009 8:00 A.M. – 5:00 P.M.
October 29, 2009 (Thursday through Friday) October 30, 2009 7:00 A.M. – 7:00 P.M.

This election is especially important for property owners as it deals with eminent domain and uniform tax standards for property appraisal. Here are a few different perspectives on the ammendments:

Heritage Alliance
Empower Texans
Americans for Posperity

Debra Medina Money Bomb Oct 2

September 27, 2009
by Joel Bailey

Debra Medina For Texas Governor October 2nd Money Bomb

Your Dollars Are Now Worth Half

September 16, 2009
by Joel Bailey

According to numbers released by the Federal Reserve, the amount of money that the Fed has put into circulation is more than double of what it was a year ago. In simple terms, every dollar you have is now worth half of what it was last year. That’s 100% inflation in one year.

Click here for more info by Downsize DC.

Regardless of what many so-called financial experts say, inflation causes high prices, not the other way around. Inflation is an increase in the amount of money in circulation. When that happens, the value of your money drops and prices rise. If our dollar was based upon a commodity (like gold or silver), the value of your dollar would remain virtually the same forever because it would be backed by something tangible. As it stands now, the Federal Reserve prints money out of thin air.

zimbabwe-cash-inflationTo the left is a picture of a Zimbabwean carrying a pile of cash to buy something. While it looks like a lot of money, the pile of cash is probably worth less than 100 US dollars. Zimbabwe is suffering from an inflation crisis where prices double every 24 hours in that country.

Debra Medina on “Inside Texas Politics”

September 16, 2009
by Joel Bailey

Debra Medina explains her campaign platform and explains the differences between her and the other two GOP candidates. Her campaign highlights include:

1. Reinstate true private property rights by abolishing the property tax
2. Use state nullification tools for Unconstitutional federal law
3. Cut taxes and spending
4.  Return to local control on education
5. Stop illegal immigration
6. Return to Free Market Healthcare

Fed Official Admits 16% Unemployment

September 10, 2009
by Joel Bailey

From The New American

unemploymentThe real number of unemployed in the United States is far more than the federal government’s official count and the recovery could be long and tenuous, a Federal Reserve official told the Chattanooga, Tennessee, Area Chamber of Commerce last week in a speech that received some media attention.

“If one considers the people who would like a job but have stopped looking — so-called discouraged workers — and those who are working fewer hours than they want, the unemployment rate would move from the official 9.4 percent to 16 percent,” explained the President and CEO of the Federal Reserve Bank of Atlanta, Dennis Lockhart.

As reported by the AFP in an article entitled “Real US unemployment rate at 16 pct: Fed official,” Lockhart noted that neither category is considered by the U.S. labor department in its monthly unemployment estimates. He also noted that the number of people working part-time due to the economic situation has increased more in the current crisis than at any time since the Bureau of Labor Statistics started tracking the information.

He warned of a long period of high joblessness that could not be “stimulated” away with more government spending and said some of the jobs that were lost may never come back.

Click here to continue reading the full article.