January 2010


Listen to clips here: Clip 1, Clip 2

Govt. Money Revelations

Date:

01-06-10

Host:

George Noory

Guests:

Walter Burien, Jessica Maxwell

In the first half of the show, former commodity trading advisor Walter Burien revealed the massive scope of government finance and investments, all funded by U.S. taxpayers, and argued for an alternative path without taxation. There are some 184,000 separate government entities in the US, each with their own assets, and “when you look at collective government, both federal and local, they’ve taken over the banking industry, the brokerage industry,” and corporations that trade on the stock market are 60-85% owned by collective government, he claimed. The public is unaware of this, as there’s been a total blackout of information about these collective totals for the last 65 years, he added.

Taxation should be phased out, as the truth is the government’s annual investment income is greater than all annual taxation collected, Burien stated. The economic crash was staged with various players walking off with “truckloads of cash” before the balloon was deflated, he explained. States like California that report they’re going broke are just trying to maintain this illusion in order to keep the public at bay, he offered. Burien’s documentary, The Biggest Game in Town, can be viewed on Google Video.

Website(s):
  • cafr1.com
  • taxretirement.com
  • If the government can mandate the purchase of insurance, it can do anything.

    President Obama’s health-care bill is now moving toward final passage. The policy issues may be coming to an end, but the legal issues are certain to continue because key provisions of this dangerous legislation are unconstitutional. Legally speaking, this legislation creates a target-rich environment. We will focus on three of its more glaring constitutional defects.

    First, the Constitution does not give Congress the power to require that Americans purchase health insurance. Congress must be able to point to at least one of its powers listed in the Constitution as the basis of any legislation it passes. None of those powers justifies the individual insurance mandate. Congress’s powers to tax and spend do not apply because the mandate neither taxes nor spends. The only other option is Congress’s power to regulate interstate commerce.

    (more…)

    A Decade of Self-Delusion

    By Patrick J. Buchanan

    About the first decade of what was to be the Second American Century, the pessimists have been proven right.

    According to the International Monetary Fund, the United States began the century producing 32 percent of the world’s gross domestic product. We ended the decade producing 24 percent. No nation in modern history, save for the late Soviet Union, has seen so precipitous a decline in relative power in a single decade.

    The United States began the century with a budget surplus. We ended with a deficit of 10 percent of gross domestic product, which will be repeated in 2010. Where the economy was at full employment in 2000, 10 percent of the labor force is out of work today and another 7 percent is underemployed or has given up looking for a job.

    Between one-fourth and one-third of all U.S. manufacturing jobs have disappeared in 10 years, the fruits of a free-trade ideology that has proven anything but free for this country. Our future is being outsourced — to China.

    (more…)