LEAKED AUDIO RECORDINGS Reveal Hillary Clinton Is A Muslim Brotherhood Agent Who Helped Muslim Brotherhood Take Control Of North Africa And Middle East

According to a three-part series published by the Washington Times, it was Hillary Clinton who was insisting that the U.S. remove Libya’s Muammar Gadhafi in 2011 while pushing false narratives to do so. These reports have allegedly caught the attention of the House Select Committee on Benghazi. What must be included in this analysis is just how influential Clinton’s most trusted adviser Huma Abedin was and is. If anyone had a vested interest in removing Gadhafi from power to benefit Libya’s Muslim Brotherhood rebels, it was Huma’s Muslim Brotherhood family.

To illustrate how close Huma and Hillary were, it was Abedin who first informed her boss of Gadhafi’s death:

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In 2011, oil production on federally-controlled lands -- lands under presidential control -- decreased by 275,000 barrels per day.

While President Obama's claim that domestic oil production has increased during each of the four years he has been in office is correct, both the CRS report U.S. Oil Imports and Exports and data from the Energy Information Administration (EIA) show that domestic oil production increased at a similar rate during 2004 to 2008, the last four years of the George W. Bush administration. In other words, the increase in domestic oil production under President Obama is, in reality, a continuation of a trend which began under President Bush.

In addition, the President of the United States - any President of the United States - can only control oil and gas exploration and production on lands and offshore areas owned and controlled by the federal government. According to U.S. Oil Imports and Exports, 96% of the increase in domestic oil production since 2007 has taken place on privately owned, nonfederal lands, thus making it oil and gas production in which Presidents Obama and Bush had little or no role.

According to the EIA report Fossil Fuels Produced from Federal and Indian Lands, 2003-2011, only 31.8% of all domestic oil produced in 2011 came from federal lands under the president's control. The 31.8% of oil and gas produced on federal lands in 2011 was actually below the nine-year average of 33.4%, the EIA report shows.

In reality, reports the EIA, 68.2% of the increase in U.S. oil and gas production in 2011 came from state and privately-owned lands not under the president's control. While oil production on state and privately-owned lands increased by almost 150 million barrels from 2010 to 2011, production on federally-owned lands during 2011 actually decreased by 14% or 83 million barrels from a nine-year high reached in 2010.

The CRS report U.S. Oil Imports and Export, confirms that in 2011, oil production on federally-controlled lands -- lands under presidential control -- decreased by 275,000 barrels per day.

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REPORT: Senior IRS officials knew that agents were targeting conservatives since 2011

And that IRS spokespersons are lying suggests how far up the conspiracy goes.

Remember Gibson Guitars?

Update on the US government’s 2011 attack on Gibson Guitars.

This is the true ‘bomb’ contained in Obamacare and the one item that will have more impact on the future of how medical care is paid for in this country than anything we’ve seen...and it just went off.

FORBES (12/02/11):

I have long argued that the impact of the Affordable Care Act is not nearly as big of a deal as opponents would have you believe. At the end of the day, the law is – in the main – little more than a successful effort to put an end to some of the more egregious health insurer abuses while creating an environment that should bring more Americans into programs that will give them at least some of the health care coverage they need.

There is, however, one notable exception – and it’s one that should have a long lasting and powerful impact on the future of health care in our country.

That would be the provision of the law, called the medical loss ratio, that requires health insurance companies to spend 80% of the consumers’ premium dollars they collect—85% for large group insurers—on actual medical care rather than overhead, marketing expenses and profit. Failure on the part of insurers to meet this requirement will result in the insurers having to send their customers a rebate check representing the amount in which they underspend on actual medical care.

This is the true ‘bomb’ contained in Obamacare and the one item that will have more impact on the future of how medical care is paid for in this country than anything we’ve seen in quite some time. Indeed, it is this aspect of the law that represents the true ‘death panel’ found in Obamacare—but not one that is going to lead to the death of American consumers. Rather, the medical loss ratio will, ultimately, lead to the death of large parts of the private, for-profit health insurance industry.

Why? Because there is absolutely no way for-profit health insurers are going to be able to learn how to get by and still make a profit while being forced to spend at least 80 percent of their receipts providing their customers with the coverage for which they paid. If they could, we likely would never have seen the extraordinary efforts made by these companies to avoid paying benefits to their customers at the very moment they need it the most.

Today [12/02/11], that bomb goes off.

The Bomb Buried In Obamacare Explodes Today-Hallelujah!

UPDATE: To clarify - the author's final words:

Everyone wins-except the for-profit health insurers.

I can live with that.

We'll see.

UPDATE: Great rebuttal to the above Forbes article from Jeffrey H. Anderson at The Weekly Standard - Obamacare ‘Bomb’ Set to Blow Up Private Health Care System?

Giving Thanks

HAPPY THANKSGIVING 2011
VIA GatewayPundit

1 Chronicles 29:11-13
“Yours, O LORD, is the greatness and the power
and the glory and the majesty and the splendor,
for everything in heaven and earth is yours.
Yours, O LORD, is the kingdom;
you are exalted as head over all.

Wealth and honor come from you;
you are the ruler of all things.
In your hands are strength and power
to exalt and give strength to all.

Now, our God, we give you thanks,
and praise your glorious name.”

THE DOOMSDAY SCENARIO

Members of the U.S. Military are calling it the “Doomsday Scenario” and that is a completely accurate assessment of what is about to occur on November 23rd of this year. Unless something changes in the next two weeks that day will mark the beginning of the end of the United States military as the most powerful fighting force in the world. The end result will be putting our nation and our people in a position where we will be unable to effectively defend ourselves against those who would destroy us.

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This is what good journalism looks like

Poor Colleen Long. She works for the Associated Press. And she just doesn't understand what's going on with that 'Occupy Wall Street' protest.

Occupy Wall Street Protests -- This Is What Stupidity Looks Like

Your money, your life...and what's coming your way through 2012

Brilliant know-nothing that I am, I'd always assumed that Jimmah Carter's Community Reinvestment Act (CRA) which passed in 1977 was somehow behind the horrific economic collapse of 2008 that, conveniently, pushed a Marxist into the White House for the first time in U.S. history.

Here's why you should believe it, too:

If you carefully run through these posts and the accompanying comments, I think you'll see that every argument raised by the "Defend CRA at all costs" crowd has been refuted.

Here's How The Community Reinvestment Act Led To The Housing Bubble's Lax Lending

UPDATE: Contrary to the Obama narrative, however, it is not free-market capitalism at the root of the current mortgage industry crisis, but rather the very socialism Obama hawks. The historical record makes this fact unmistakably clear.

But it ain't over yet folks, it's gonna be a bumpy ride:

Mark Mobius, executive chairman of Templeton Asset Management’s emerging markets group, said another financial crisis is inevitable because the causes of the previous one haven’t been resolved...

Stansberry Research, as usual, goes much deeper. Here are some brief excerpts:

The Beginning of the Panic

On June 30, the Federal Reserve has pledged to cease buying U.S. Treasury bonds. This is the second time since the financial crisis it has intervened in the Treasury market in a major way. The program of buying new Treasury issues has been dubbed "quantitative easing II" (QE2).

We'd wager not one in 1,000 Americans has any idea (or at least any real understanding) of what has been going on in the market for U.S. Treasury bonds since the financial crisis. For the last nine months, the Fed has been printing up new dollars and buying huge amounts of newly issued debt from the U.S. Treasury – $600 billion of bonds. And these purchases followed a $1.75 trillion program of quantitative easing that ran from March 2009 to March 2010.

It is no exaggeration to say that a printing press has kept our economy going for the last two years. But what will happen when the printing stops?

We Can't Borrow Forever...and We Can't Stop

President Obama's economic mandarins now forecast the fiscal year 2011 deficit will come in at $1.6 trillion.

To put this figure in perspective for you, when Ronald Reagan took office, the entire national debt totaled less than $1 trillion. Even as late as 2002, the national debt was only $6 trillion. Obama's administration will almost surely borrow more than $6 trillion in only his first term. In four years, Obama will double our entire national debt from its pre-financial crisis levels.

This has never happened in peacetime.

A Hard Reality

Rather than face these unpleasant facts and consider where they are leading us, most people continue to think, "It can't happen here, this is America."

Meanwhile, our country has been depending on a printing press to make our economic system work. When is the last time that happened in America? (Hint: the Civil War.)

How many other things most people didn't think would ever happen in America have happened recently? What about the collapse of our investment banks, the bankruptcy of General Motors, the liquidation of Fannie Mae and Freddie Mac, the failure of AIG, hundreds of banks being seized, millions of homes in foreclosure, real unemployment rates close to 20%. We could go on.

As we frequently point out to our critics, the question isn't when this crisis will begin – it started in 2008. The question is, when will it end and how bad will it get before it does?

Two Secrets About U.S. Finances You Won't Read Anywhere Else

Most people misunderstand two things about the U.S. financial situation...

First, the U.S. government's official debt burden might not yet have reached the "red line" of imminent default. But our entire economy's enormous debt burden makes it nearly certain we will default on our federal debt and many of our private debts, too.

The U.S. is the world's largest debtor. As a whole, Americans owe a total of nearly $56 trillion dollars (almost 400% of GDP). That's federal, state, municipal, corporate, and private (mortgages and student loans) debts. The debt service on our total obligation is $3.6 trillion a year. It's hard to put that number into context because it's so large. Think about it this way – It's roughly the same amount of money as the federal government's entire budget.

To the extent our debts fueled past consumption (homes, cars, credit cards, health care, etc.), they are unlikely to spur future economic growth. That's not to mention a considerable portion of these payments belongs to foreign investors, folks who are typically more interested in building their next factory in Bangladesh than in Bangor.

When you combine this "debt tax" – aka interest – with the size of our actual tax burden (about $4.4 trillion when you combine federal taxes with state and local taxes), you can see pretty clearly why our economy is struggling.

We're spending half our annual GDP on taxes and interest.

Imagine if you had to spend half of your family's income on taxes and interest. How would you rate your credit risk? What's the likelihood of default in that scenario?

More important, given our current federal deficits and the looming entitlement crisis we face (total unfunded future liabilities in excess of $100 trillion)... How is it possible to expect Americans will be able to afford to pay more taxes? What would happen to our budget if interest rates rise because of inflation, which seems inevitable?

We don't think many Americans – even sophisticated investors – have considered these numbers. Our foreign creditors will realize they have no chance of being repaid in sound money. Americans simply cannot afford debt service, never mind principal repayment. There are signs they already recognize this...

The Dynamics of a Bond Market Collapse

By the end of 2012, our national debt will likely exceed $17 trillion. Let's assume our average interest increases to 4.4% – half the rate we believe investors will eventually demand. That works out to an annual interest expense of almost $750 billion. That's more than we spend on defense or Social Security. Interest expenses would leave the government spending almost 25¢ of every dollar on interest payments.

Does that sound wise or reasonable to you? Given these expenses, some of our creditors would become reluctant to "roll" our debt into the future by offering new loans. This could cause a serious problem for the U.S. Treasury. This is how the dollar dies.

Gambling on Short-Term Financing

Portugal's government recently suffered a debt default. The country required a bailout by the European Central Bank (ECB) because it had too much short-term debt coming due and not enough lenders were willing to extend these loans at affordable rates. Lots of economists criticized Portugal's borrowing strategy because much of its debts were short-term.

Apparently, these folks haven't bothered looking at the U.S. Treasury's debt maturity curve. We have. The numbers are so shocking, we expect most of our subscribers simply won't believe us. You can read all of the numbers for yourself, if you'd like. Bureau of the Public Debt includes all the numbers in its Financial Audit (which you can read on its website.

Feel free to read all 35 pages... Or focus on just this piece of data. It's all you really need to know: 61% of all the marketable Treasury debt held by the public will mature within four years. Thus, over the next four years, the U.S. Treasury must either repay or refinance more than $1 trillion in existing debt each year – not to mention additional deficit spending of at least $1.5 trillion. For us to avoid a default, the U.S. Treasury may have to borrow or refinance as much as $10 trillion in the next four years.

That would double the amount of U.S. Treasury bonds currently trading in the world's markets.

Think about that for a minute. Then, consider the decades-low yields in the Treasury market today, which would surely rise to accommodate this enormous increase in supply.

Now, try to arrive at any sort of scenario that ends well for today's U.S. Treasury bond market investors. We can't...

Keep in mind that these brief excerpts have a much broader context in the newsletter, and many more details, but I think they will give you an idea of what is coming.

Be prepared.

UPDATE: Some important references

www.fms.treas.gov/annualreport/index.html

www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/tables.pdf

www.whitehouse.gov/omb/budget/Historicals/

Pershing’s Last Patriot: The Frank Woodruff Buckles Story is slated for release in 2011

RIP: Frank Buckles, America’s last veteran of World War I

Many award-winning feature films have tried to bring the American twentieth century to life through fictional stories. Forrest Gump walked us through the twentieth century with his profound life; The Curious Case of Benjamin Button used a characters life to entertain us through American History from 2005 to World War I, and The Notebook escorted us through a tale of American history through a similar formula. These films demonstrated a intense and blockbuster success and a powerful indicator for the public’s level of interest in such stories.

But what if there was a true story of an American who actually accomplished these things and whose life is a parallel to the proven success of these films? The life of America’s last World War I veteran, Frank Buckles, is the one story, the one survivor and the one whose story needs to be shared.

Pershing’s Last Patriot: The Frank Woodruff Buckles Story is slated for release in 2011. In this unique and insightful documentary film, we will travel with Frank to reflect on his early life in rural Missouri and Oklahoma. Frank will share his experiences as he enlisted and served our nation in “The War to End All Wars”. We will experience his life in a Japanese prisoner of war camp, and relive his amazing rescue from death. Finally, we will see how Frank’s life has changed over the decades, and his rise to fame as America’s last witness to the First World War and so many other world events.

PERSHING LAST PATRIOT: THE MOVIE

2010 was a stunningly bad year for Barack Obama, and 2011 could be even worse

UK TELEGRAPH: Forget the liberal hype about a comeback...

Rose Parade: Reagan Centennial Float wins the National Trophy Award Winner!!

Hmmm...and during Obama's first term... Great photos!

2011: The beginning of the end of the great American health care system

WSJ:

New taxes on drug makers, lower prescription-drug costs for seniors and restrictions on tax-free medical spending accounts are among a slate of health-law provisions that kick in Saturday.

The changes show how the law will begin to reshape American health care, even as opponents try to overturn the measure in Congress and the courts.

Although House Republicans are threatening to starve the law of funding and stage a symbolic repeal vote, those actions aren't likely to block any significant pieces of the law aimed at consumers for 2011. That's because the changes generally involve new rules and don't require spending.

"The debate over defunding and repeal is going to be much more of a political story in 2011 than something that actually means something for consumers immediately," said Larry Levitt, vice president at the nonprofit Kaiser Family Foundation.

Over the longer term, however, Republicans could succeed in thwarting funding for staff and grants needed to put the law in place. The biggest changes, including new health-insurance exchanges and subsidies for lower earners, are set to happen in 2014.

Big Health-Care Changes Arrive in New Year

Tea Partiers, start your engines. The great battle for the soul and future of America is about to begin.

ObamaCare knockout: America awaits GOP's punch

How the Democrats plan on taking over the government on January 5th, 2011

Senate Majority Leader Harry Reid (D-Nev.) has been scheming behind closed doors to use his slim majority to vote on January 5 for the most drastic rules changes since 1975...

Reid's Rules Scheme To Rewrite Defeat

Bookerista Baby

2011: "Active waiting" in the New Year

"This is prima facie admission that [Obamacare] is a failure!"

So says Fox Business News contributor (and erstwhile actor turned stock investor and money manager) Wayne Rogers, on hearing the news that 111 companies have been given health insurance waivers by the Department of Health and Human Services:

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On Thursday, for reasons that are almost inexplicable, multiple leaders in the House and Senate sounded the "impossibility" of being able to prevent the largest tax-hike in history for being implemented on ALL tax-payers (including the middle class.)

The Democratic Leadership in the Congress made a pretty big strategic mistake on Thursday. They, for all intent and purposes, announced that they will raise your taxes on January 1, 2011. They did so plainly, and I tend to believe them. They did so without remorse. They did so acting as though no one would really care. And they did so after--for weeks--publicly discussing the possibility of retaining the current tax rates.

They did so, though they have been warned that in doing so they would deliver a crushing blow to small businesses in America. It is important to admit and to be as transparent as possible: when you hurt small business in America, you hurt the working men and women of America. You hurt families. You hurt those you care about most.

Dems: We Will Hammer The Poor

Six Months to Go Until The Largest Tax Hikes in History

From Ryan Ellis on Thursday, July 1, 2010 4:15 PM

In just six months, the largest tax hikes in the history of America will take effect. They will hit families and small businesses in three great waves on January 1, 2011:

First Wave: Expiration of 2001 and 2003 Tax Relief

In 2001 and 2003, the GOP Congress enacted several tax cuts for investors, small business owners, and families. These will all expire on January 1, 2011:

Personal income tax rates will rise. The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which two-thirds of small business profits are taxed). The lowest rate will rise from 10 to 15 percent. All the rates in between will also rise. Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates. The full list of marginal rate hikes is below:

- The 10% bracket rises to an expanded 15%
- The 25% bracket rises to 28%
- The 28% bracket rises to 31%
- The 33% bracket rises to 36%
- The 35% bracket rises to 39.6%

Higher taxes on marriage and family. The “marriage penalty” (narrower tax brackets for married couples) will return from the first dollar of income. The child tax credit will be cut in half from $1000 to $500 per child. The standard deduction will no longer be doubled for married couples relative to the single level. The dependent care and adoption tax credits will be cut.

The return of the Death Tax. This year, there is no death tax. For those dying on or after January 1 2011, there is a 55 percent top death tax rate on estates over $1 million. A person leaving behind two homes and a retirement account could easily pass along a death tax bill to their loved ones.

Higher tax rates on savers and investors. The capital gains tax will rise from 15 percent this year to 20 percent in 2011. The dividends tax will rise from 15 percent this year to 39.6 percent in 2011. These rates will rise another 3.8 percent in 2013.

Second Wave: Obamacare

There are over twenty new or higher taxes in Obamacare. Several will first go into effect on January 1, 2011. They include:

The “Medicine Cabinet Tax” Thanks to Obamacare, Americans will no longer be able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin).

The “Special Needs Kids Tax” This provision of Obamacare imposes a cap on flexible spending accounts (FSAs) of $2500 (Currently, there is no federal government limit). There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education.

The HSA Withdrawal Tax Hike. This provision of Obamacare increases the additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10 percent.

Third Wave: The Alternative Minimum Tax and Employer Tax Hikes

When Americans prepare to file their tax returns in January of 2011, they’ll be in for a nasty surprise—the AMT won’t be held harmless, and many tax relief provisions will have expired. The major items include:

The AMT will ensnare over 28 million families, up from 4 million last year. According to the left-leaning Tax Policy Center, Congress’ failure to index the AMT will lead to an explosion of AMT taxpaying families—rising from 4 million last year to 28.5 million. These families will have to calculate their tax burdens twice, and pay taxes at the higher level. The AMT was created in 1969 to ensnare a handful of taxpayers.

Small business expensing will be slashed and 50% expensing will disappear. Small businesses can normally expense (rather than slowly-deduct, or “depreciate”) equipment purchases up to $250,000. This will be cut all the way down to $25,000. Larger businesses can expense half of their purchases of equipment. In January of 2011, all of it will have to be “depreciated.”

Taxes will be raised on all types of businesses. There are literally scores of tax hikes on business that will take place. The biggest is the loss of the “research and experimentation tax credit,” but there are many, many others. Combining high marginal tax rates with the loss of this tax relief will cost jobs.

Tax Benefits for Education and Teaching Reduced. The deduction for tuition and fees will not be available. Tax credits for education will be limited. Teachers will no longer be able to deduct classroom expenses. Coverdell Education Savings Accounts will be cut. Employer-provided educational assistance is curtailed. The student loan interest deduction will be disallowed for hundreds of thousands of families.

Charitable Contributions from IRAs no longer allowed. Under current law, a retired person with an IRA can contribute up to $100,000 per year directly to a charity from their IRA. This contribution also counts toward an annual “required minimum distribution.” This ability will no longer be there.

AMERICANS FOR TAX REFORM

CBO report: Debt will rise to 90% of GDP

I doubt that anyone (outside of the slobbering Democrats who adore this monster) could not avoid thinking that Obama is purposely destroying this country that he grew up hating so much...although, I suppose, that it could simply be a matter of monumental incompetence, aided and abbetted by his party cohorts (but everyone claims he soooo intelligent...)

President Obama's fiscal 2011 budget will generate nearly $10 trillion in cumulative budget deficits over the next 10 years, $1.2 trillion more than the administration projected, and raise the federal debt to 90 percent of the nation's economic output by 2020, the Congressional Budget Office reported Thursday.

Read more if you can stomach it