MONEY: Gooferment wants to turn savings into guaranteed income streams

Sunday, January 17, 2010

http://www.newmediajournal.us/government/01152010.htm

Government
Retiree Annuities May Be Promoted by Obama Aides
BusinessWeek.com/Bloomberg

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The Obama administration is weighing how the government can “encourage” workers to turn their savings into guaranteed income streams following a collapse in retiree accounts when the stock market plunged.

The US Treasury and Labor Departments will ask for public comments as soon as next week on ways to promote the conversion of 401(k) savings and Individual Retirement Accounts into annuities or other steady payment streams, according to Assistant Labor Secretary Phyllis C. Borzi and Deputy Assistant Treasury Secretary Mark Iwry, who are spearheading the effort.

Annuities generally guarantee income until the retiree’s death, and often that of a surviving spouse as well. They are designed to protect against the risk that retirees outlive their savings, a danger made clear by market losses suffered by older Americans over the last year, David Certner, legislative counsel for AARP, said in an interview.

*** and ***

Content Editor’s Note: The Obama Administration is going to try to force investors to structure IRA and 401k accounts into what amounts to a US Treasury debt-backed government annuity. This is an attempt to divert hundreds of billions of dollars of private retirement accounts into federal government debt. If the Chinese won’t voluntarily buy more US debt, the government will simply force it on American investors whether they want it or not. Just more freedoms being taken away.

*** end quote ***

Last time, the trial balloon was “enhanced social security”. Considering that “Social Security Insurance” is broke, that was a lead balloon!

Now they are back with another one, “annuities”, in Treasuries, and I’m sure sold by the Administration’s friends at AARP, packaged by Goldman Sachs, insured by AIG, and delivered by a GM car. (OK, the last is a joke! But this whole think is a joke.)

What those unfamiliar with annuities does is ROB the estates of these people. And, make the gooferment your heir. Argh! As if the Death Tax wasn’t bad enough.

OK, for ha has, why not convert social security into annuities? Sure cause then people could sell them out.

BUT, (there is always a big butt), then we would be FORCED to recognized how underfunded all these “insurance” programs are.

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POLITICAL: Why can’t we buy and sell human organs?

Friday, October 2, 2009

http://lifesharers.blogspot.com/2009/09/opting-in-vs-opting-out.html

LifeSharers: Opting In vs. Opting Out

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The United Network for Organ Sharing, which runs the national organ allocation system, has the power to put registered organ donors first. Sadly, it has not chosen to make this common-sense change. Americans who want to donate their organs to other organ donors don’t have to wait for UNOS to act. They can join LifeSharers, a national non-profit network of organ donors who agree to offer their organs first to other organ donors when they die. Membership is free at http://www.lifesharers.org/ or by calling 1-888-ORGAN88. There is no age limit, parents can enroll their minor children, and no one is excluded due to any pre-existing medical condition.

*** end quote ***

Until we wise up and allow a marketplace in human organs, we will always have shortages. The lack of a marketplace hurts the poor the worst. The rich always seem to have “connections”. The poor don’t get a chance to sell what they no longer have a need for and help their families. May sound grusome, but it’s a tough life being poor. Why further complicate a poor family’s life? They should be allowed, no encouraged, to sell their deceased family member for parts. Instead they get their arm twisted to “donate” and a bill for the funeral. Why is it OK for doctors and hospitals to make a buck doing transplants, but not for the “donor” to get paid? I can envision that some unfortunate’s child gets to go to college on his dead relative’s kidney. What’s so terrible about that?

See its our own thinking that kills us by preventing us from seeing the solution. All because it doesn’t fit someone’s preconceived notions. Free markets always clear the supply and demand. Only when the gooferment gets involved to we have shortages, waste, death, injury, and destruction.

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POLITICAL: It’s the gooferment!

Monday, August 31, 2009

http://www.lewrockwell.com/kwiatkowski/kwiatkowski236.html

Health Care Through Central Planning: A Helpful Analogy
by Karen Kwiatkowski

*** begin quote ***

We have examples – ophthalmology and veterinarian services come to mind first. You can get an eye exam for $50, and then order glasses online for another $20. Overall, that’s less than a pair of running shoes, or a meal out with the family at Applebee’s. The wide variety of eye surgeries available and the competitive and safe nature of these surgeries speak to the working of a freer market than what we see for the rest of our health care. The argument by the statist left and statist right is falsely premised by the idea that the current health care “system” is a free market system, and based on the ideas that free market systems can’t work for health care because people are not all equal in either health, desires for health or finances.

*** end quote ***

We have to keep hitting the gooferment on all fronts. It’s ineffective, inefficient, and screws up everything it touches!

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GOVEROTRAGEOUS: Get ready for propaganda!

Tuesday, June 16, 2009

http://www.drudgereport.com/flashaot.htm

ABC TURNS PROGRAMMING OVER TO OBAMA; NEWS TO BE ANCHORED FROM INSIDE WHITE HOUSE

Tue Jun 16 2009 08:45:10 ET

*** begin quote ***

On the night of June 24, the media and government become one, when ABC turns its programming over to President Obama and White House officials to push government run health care — a move that has ignited an ethical firestorm!

*** and ***

Late Monday night, Republican National Committee Chief of Staff Ken McKay fired off a complaint to the head of ABCNEWS:

Dear Mr. Westin:

As the national debate on health care reform intensifies, I am deeply concerned and disappointed with ABC’s astonishing decision to exclude opposing voices on this critical issue on June 24, 2009. Next Wednesday, ABC News will air a primetime health care reform “town hall” at the White House with President Barack Obama. In addition, according to an ABC News report, GOOD MORNING AMERICA, WORLD NEWS, NIGHTLINE and ABC’s web news “will all feature special programming on the president’s health care agenda.” This does not include the promotion, over the next 9 days, the president’s health care agenda will receive on ABC News programming.

Today, the Republican National Committee requested an opportunity to add our Party’s views to those of the President’s to ensure that all sides of the health care reform debate are presented. Our request was rejected. I believe that the President should have the ability to speak directly to the America people. However, I find it outrageous that ABC would prohibit our Party’s opposing thoughts and ideas from this national debate, which affects millions of ABC viewers.

In the absence of opposition, I am concerned this event will become a glorified infomercial to promote the Democrat agenda. If that is the case, this primetime infomercial should be paid for out of the DNC coffers. President Obama does not hold a monopoly on health care reform ideas or on free airtime. The President has stated time and time again that he wants a bipartisan debate. Therefore, the Republican Party should be included in this primetime event, or the DNC should pay for your airtime.

Respectfully,
Ken McKay
Republican National Committee
Chief of Staff

*** and ***

ABCNEWS Senior Vice President Kerry Smith on Tuesday responded to the RNC complaint, saying it contained ‘false premises’:

“ABCNEWS prides itself on covering all sides of important issues and asking direct questions of all newsmakers — of all political persuasions — even when others have taken a more partisan approach and even in the face of criticism from extremes on both ends of the political spectrum. ABCNEWS is looking for the most thoughtful and diverse voices on this issue.

“ABCNEWS alone will select those who will be in the audience asking questions of the president. Like any programs we broadcast, ABC News will have complete editorial control. To suggest otherwise is quite unfair to both our journalists and our audience.”

Developing…

*** end quote ***

Geee, I guess we should complain to the FCC, FEC, and the Supreme Court!

Like that’s going to do any good.

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TO ABCNEWS:

I think your plan to turn ABCNEWS into the propaganda arm on President Obama administration on “health care”. For me, ABC News has lost all credibility. There is a legitimate POLITICAL debate about the pros and cons of what is being proposed. For you to jump in with both feet on President Obama’s side is completely unacceptable. Bad enough that the lines have blurred in the past, now you are dropping any pretense of independent journalism. Shame on you for letting the American people down. We gave you an honored position in civil society, buttressed you with the First Amendment and our support, to protect us from the Political Class. You have stabbed us in the back. Disgraceful.

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INTERESTING: Where’s Alex?

Thursday, June 11, 2009

http://blogs.abcnews.com/thenote/2009/06/palin-vs-letterman.html

ABC News: The Note
Palin vs. Letterman
June 11, 2009 8:11 AM

*** begin quote ***

Klein ABC News’ Rick Klein reports:

Gov. Sarah Palin and her husband, Todd, are swinging back at David Letterman, after the talk-show host made the Alaska governor and her family the focus of a series of off-color jokes.

*** and ***

But it was a line in Letterman’s monologue that set off a firestorm: “One awkward moment for Sarah Palin at the Yankee game, during the seventh inning, her daughter was knocked up by Alex Rodriguez.”

Palin was in New York with her 14-year-old daughter, Willow.

*** end quote ***

Letterman should get a suspension like Imus.

CBS used have standards!

We haven’t heard from Alex Rodriguez.

If I was Alex, I’d really be torqued.

If anything, he goes for older woman. Phyllis Diller might be more appropriate for Alex. He was “friends” with Madonna.

I’d like to see him nose2nose with Letterman.

Letterman wouldn’t have the stones to say that to Alex’s face. Nor, the Palins.

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LIBERTY: The Gooferment is in charge!

Tuesday, June 9, 2009

http://www.breitbart.com/article.php?id=D98NEVL80&show_article=1

High court won’t block Chrysler sale
Jun 9 06:27 PM US/Eastern

*** begin quote ***

WASHINGTON (AP) – The Supreme Court has cleared the way for Chrysler’s sale to Fiat, turning down a last-ditch bid by opponents of the deal.

The court said late Tuesday it had rejected a plea to block the sale of most of Chrysler’s assets to the Italian automaker. Chrysler, Fiat and the Obama administration had warned that the high court’s intervention could have scuttled the sale.

A federal appeals court in New York had earlier approved the sale, but gave opponents until Monday afternoon to try to get the Supreme Court to intervene.

*** end quote ***

The bondholders really couldn’t expect “justice” from a gooferment court.

Talk about a stacked deck!

The President’s plan taken before the Government’s Court. And, you expected a different result.

Watch the bond markets now! Nothing is safe from gooferment manipulation.

Now what happens to the Indiana pensioners who just got screwed?

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MONEY: The absurd claims of a bureaucrat

Friday, June 5, 2009

Acting U.S. Attorney Edward R. Ryan of the Western District of North Carolina said, “When groups seek to undermine the U.S. currency system, the government is compelled to act. These coins are not government-produced coinage, yet purchasers were led to believe by those who made and sold them that they should be spent like U.S. Federal Reserve Notes. Such claims are in violation of federal law.”

I have never read such blatant nonsense.

Yes, the seek to return the United States to honest Constitutional money. At the very least, this is an exercise in political dissent protected by the First Amendment.

And, any REASONABLE person can instantly distinguish between a “Liberty Dollar” and the a paper Federal Reserve Banknote. Silver and gold are very different from paper.

In order to spend them like a Federal Reserve Note, one would have to have the intent to defraud!

Sorry, this is a political indictment intended to chill any inquiry into the nature of Federal Reserve Banknotes.

And, how is it that the Government has departed from money as defined in the Constitution.

Perhaps, we should be asking “Is the inflation of the value of Federal Reserve Banknotes a government “taking” under the terms of the Fifth Amendment?”

Hopefully, people will see this for what it is. An attempt to keep the people blind to the unConstitutional conduct of their government.

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DEPARTMENT OF JUSTICE

Acting United States Attorney Edward R. Ryan

Western District of North Carolina

FOR IMMEDIATE RELEASE CONTACT: Suellen Pierce

JUNE 3, 2009 704.344.6222

http://www.usdoj.gov/usao/ncw Fax: 704.344.6629

FOUR DEFENDANTS INDICTED IN UNLAWFUL COIN OPERATION

Former Executive Director of Liberty Dollar Services, Inc. Charged in Federal Indictment

ASHEVILLE, NC – Bernard von NotHaus, 65, formerly of Evansville, Indiana, and two

additional defendants from Evansville, along with William Kevin Innes, 53, of Asheville, North

Carolina, have been indicted in U.S. District Court for the Western District of North Carolina on

conspiracy and other charges in connection with an alleged unlawful operation to publish,

possess and sell for profit, coins in resemblance and similitude to U.S. coins. All four defendants

are also charged in the alleged conspiracy with uttering and passing, and attempting to utter and

pass, a coin of silver in resemblance of genuine coins of the United States in the denominations

of five dollars and greater, and intended for use as current money. The four are also charged

with one count of mail fraud, while von NotHaus and Innes are both charged in two additional

counts each, with selling and possessing with intent to defraud, Liberty Dollar coins; and with

uttering and passing, and attempting to utter and pass, a coin of silver in resemblance of genuine

coins of the United States of the denominations of five dollars and greater, and intended for use

as current money.

Today’s announcement is made by Acting U.S. Attorney Edward R. Ryan for the Western

District of North Carolina; Owen Harris, Special Agent in Charge of the Federal Bureau of

Investigation (FBI) in North Carolina, and Van Duncan, Sheriff of Buncombe County, North

Carolina.

Acting U.S. Attorney Edward R. Ryan of the Western District of North Carolina said,

“When groups seek to undermine the U.S. currency system, the government is compelled to act.

These coins are not government-produced coinage, yet purchasers were led to believe by those

who made and sold them that they should be spent like U.S. Federal Reserve Notes. Such claims

are in violation of federal law.”

Defendant William Kevin Innes was arrested on the charges on June 2, 2009, and made

an initial appearance before a federal Magistrate Judge in Asheville today. Innes was ordered

detained pending a detention hearing which is now set for Monday, June 8, 2009 at 9:35 a.m.

before Magistrate Judge David Cayer in the federal courthouse in Charlotte, North Carolina.

Bernard von NotHaus, 65, Honolulu, Hawaii

Pending arrest

Sarah Jane Bledsoe, 42, Evansville, Indiana

Pending arrestDistrict of North Carolina; Owen Harris,

- 2 -

Rachelle L. Moseley, 34, Evansville, Indiana

Pending arrest

According to the allegations contained in the indictment, which was returned and filed

under seal by a federal grand jury sitting in Charlotte, North Carolina, on May 19, 2009, since

1998 NORFED, The National Organization for the Repeal of the Federal Reserve and Internal

Revenue Codes, together with its officers, members, associates, and customers (collectively

NORFED), has been issuing, disseminating, and placing into circulation, including by use of the

Postal Service and United States mails, the Liberty Dollar in all its forms throughout the United

States and Puerto Rico. The indictment alleges that the purpose of NORFED is to mix Liberty

Dollars into the current money of the United States, and further alleges that NORFED intends for

the Liberty Dollar to be used as current money in order to limit reliance on, and to compete with,

United States currency.

The indictment alleges that members affiliated with NORFED sell the Liberty Dollar coin

at a greater price than they pay for it, and that the profit for these individuals is the difference

between their discounted purchase price and the price for which they sell the coin. Additionally,

according to the allegations contained in the indictment, a person who is not affiliated with

NORFED pays the face value minted on the coin.

In the allegations of the indictment, Bernard von NotHaus is described as having been the

president of NORFED and the Executive Director of Liberty Dollar Services, Inc. until

September 30, 2008. He is also described in the allegations contained in the indictment as the

monetary architect of the Liberty Dollar and has been the Regional Currency Officer in

Evansville, Indiana where NORFED corporate offices are maintained. According to the

indictment, Bernard von NotHaus designed the Liberty Dollar currency in 1998. The indictment

alleges that William Kevin Innes is the Asheville, North Carolina Regional Currency Officer for

NORFED and one of three members of the NORFED Executive Committee. Also, according to

the allegations contained in the indictment, until around March 2008, Sarah Jane Bledsoe was the

NORFED Fulfillment Office manager in Evansville, Indiana, and Rachelle L. Moseley works in

the Evansville, Indiana corporate office of NORFED and has been employed as the Regional

Currency Office Manager and Chief Operations Officer.

“People understand that there is only one legal currency in the United States. When

groups try to replace the U.S. dollar with coins and bills that don’t hold the same value, it affects

the economy. Consumers were using their hard-earned money to buy goods and services, then

getting fake change in return,” said Owen Harris, the Special Agent in Charge of the Charlotte

Division of the FBI. “No one in this country is above or beyond the law, and our law

enforcement partners will continue to bring violators to justice.”

If convicted, each of the defendants faces a maximum sentence of five years’

imprisonment on the conspiracy charged in Count One and a maximum sentence of 20 years’

imprisonment on the mail fraud charge in Count Two. As to the additional counts with which

von NotHaus and Innes are charged, Count Three (publishing) carries a maximum sentence of 15

years’ imprisonment, and Count Four carries a maximum sentence of five years’ imprisonment.

- 3 -

The indictment includes a Notice of Forfeiture and Finding of Probable Cause that the

defendants forfeit to the United States all of the property involved in the offenses with which

they are charged in the indictment, and all property traceable to such offenses.

The case was investigated by the FBI, and the Buncombe County Sheriff’s Office, with

assistance from the U.S. Secret Service, Treasury OIG for Tax Administration, the NC Joint

Terrorism Task Force, and the U.S. Postal Inspection Service. Acting U.S. Attorney Ryan

express his gratitude to the United States Mint for its role in the indictment. Ryan characterized

the Mint’s role as “significant and vital.” The prosecution is being handled by Assistant United

States Attorney Jill W. Rose of the Asheville Office of the U.S. Attorney for the Western District

of North Carolina.

The details contained in the indictment are allegations. The defendants are presumed to

innocent unless and until proven guilty beyond a reasonable doubt in a court of law.

A copy of the bill of indictment can be viewed by visiting website:

http://www.ncwd.uscourts.gov and clicking on the word “news.”

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