”
We hold these truths to be self-evident, that all men are created equal” is a concept taught in American schools as a fundamental truth that all people are deserving of respect and life and prosperity. Why then is Ian Freeman in prison for the next 100 days?
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Here’s the video! I still think this is an over-reaction by the gooferment. Like Gandhi, Ian is showing them up for what they are. A gang writ large.
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Leave a Comment » | 
Ranting | Tagged: abuse, free speech, Gooferment, raw naked power | 
Permalink
Posted by reinkefj
http://monochromementality.com/index.php/blog/show/90-days-in-prison-for-refusing-to-stand.html
90 days in prison for refusing to stand
Monochrome Mentality
*** begin quote ***
Today, Ian appeared at their trial and intended only on calling the damaged person making a complaint against him. He never got that far, it seems. In keeping with the doctrine of “all men created equal”, Ian Freeman refused to stand for the man called “Judge”. It would be considered rude to refuse a hand extended to you in greeting, yet this man called “Judge” did not greet Ian by standing. Instead, he decided that Ian’s refusal to stand was somehow and offense, and then proceeded to instruct some other men to arrest him. They ushered him off to a separate room for the supposed “trial”.
*** and ***
In this private back room, the man called “Judge” convicted Ian of three counts of “contempt of court” (why shouldn’t an ethical person be contemptuous of men using violence and threats to tell other men what they’re allowed to store their property?) and sentenced him to 90 days in prison with fines with an additional 10 days in the cage for refusal to give the government people some of his money.
Welcome to the United Socialist States of America. The government people own your property. They dictate to you what you can do on your own land. You no longer have to hurt someone to have the government people turn against and hurt you. You have no right to confront your accuser. There no longer need even be an accuser, no injured party. You have no right to a public trial. “We will use force against you” the government people are saying “if you don’t obey us.”
*** end quote ***
Clearly, Ian picked his line in the sand. The gang that called itself “government” struck back. They can’t have any one pulling back the curtain and showing them up for what they really are. Thugs!
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Leave a Comment » | Ranting | Tagged: Gooferment, Morality, Problems, Rights | Permalink
Posted by reinkefj
http://www.wdel.com/story.php?id=636617775922
Autopsy performed on UD freshman By John Lewis
*** begin quote ***
Authorities were looking into the possibility of an alcohol overdose in the death of the freshman from Kendall Park, New Jersey.
*** end quote ***
Does any politician who has voted for “drinking age restriction” feel any shame about the death of this young man?
Of course not!
No one holds them accountable!
If there was no “drinking age” — an absurd concept since you can’t keep people from putting stuff in their bodies; you can make it difficult or more expensive, but you can’t stop it with a law!! Suppose “children” were allowed to drink anything, anytime, anywhere. Would they drink? Sure. They do NOW! Only an “ostrich” would think differently.
So, make the drinking age ZERO and let people learn in much safer circumstances. We don’t hear of European kids binge drinking themselves to death. Do we?
I remember as a sixteen year old going to Nevada where I could drive as fast as I wanted on the open high way, drink, and gamble. They even had no age on the “chicken ranches”, but my Mom wouldn’t have approved.
A much “free-er”, and safer time!
Victimless crimes have terrible consequences!
Argh!
I pray for this poor lad and his parents. A casualty of gooferment!
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Leave a Comment » | LIBERTY | Tagged: DRINKINGAGE, VICTIMLESSCRIMES | Permalink
Posted by reinkefj
http://www.carolinajournal.com/articles/display_story.html?id=5081
Dems Target Private Retirement Accounts
Democratic leaders in the U.S. House discuss confiscating 401(k)s, IRAs
By Karen McMahan
November 04, 2008
*** begin quote ***
RALEIGH — Democrats in the U.S. House have been conducting hearings on proposals to confiscate workers’ personal retirement accounts — including 401(k)s and IRAs — and convert them to accounts managed by the Social Security Administration.
Triggered by the financial crisis the past two months, the hearings reportedly were meant to stem losses incurred by many workers and retirees whose 401(k) and IRA balances have been shrinking rapidly.
The testimony of Teresa Ghilarducci, professor of economic policy analysis at the New School for Social Research in New York, in hearings Oct. 7 drew the most attention and criticism. Testifying for the House Committee on Education and Labor, Ghilarducci proposed that the government eliminate tax breaks for 401(k) and similar retirement accounts, such as IRAs, and confiscate workers’ retirement plan accounts and convert them to universal Guaranteed Retirement Accounts (GRAs) managed by the Social Security Administration.
Rep. George Miller, D-Calif., chairman of the House Committee on Education and Labor, in prepared remarks for the hearing on “The Impact of the Financial Crisis on Workers’ Retirement Security,” blamed Wall Street for the financial crisis and said his committee will “strengthen and protect Americans’ 401(k)s, pensions, and other retirement plans” and the “Democratic Congress will continue to conduct this much-needed oversight on behalf of the American people.”
Currently, 401(k) plans allow Americans to invest pretax money and their employers match up to a defined percentage, which not only increases workers’ retirement savings but also reduces their annual income tax. The balances are fully inheritable, subject to income tax, meaning workers pass on their wealth to their heirs, unlike Social Security. Even when they leave an employer and go to one that doesn’t offer a 401(k) or pension, workers can transfer their balances to a qualified IRA.
{Extraneous Deleted}
*** end quote ***
Clearly a very scarey idea.
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1 Comment | MONEY | Tagged: Tax Revolt | Permalink
Posted by reinkefj
http://www.lewrockwell.com/orig8/roots2.html
Constitutional Dead Letters by Roger Roots
*** begin quote ***
The list enumerated below, to paraphrase the dead-lettered Ninth Amendment, should not be considered all-inclusive, and there are, no doubt, other dead-lettered constitutional provisions I have neglected to identify.
*** end quote ***
This fellow goes thru and creates an impressive list of the “lost” Constitutional protections.
Scary and sad!
Seems like Lysander Spooner had it right: “But whether the Constitution really be one thing, or another, this much is certain – that it has either authorized such a government as we have had, or has been powerless to prevent it. In either case, it is unfit to exist.”
Time for secession? Which state will be the first to go? California, Vermont, Texas, Michigan? One thing is for sure, it will fall apart. Especially as times get tough. Americans are no longer that hardy stock that conquered the West. We’ve divided into the “producers” and the “takers”. And, while we may not be on Robinson Crusoe’s island, the impact of too many takers can be seen.
What happens when the “producers” stop producing?
Where do the Social Security, Medicare, Medicaid, Welfare, Unemployment, and Government pay & “benefit” checks of all forms come from?
No wonder “urban youth discouragement devices” (aka guns) are selling well!
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Leave a Comment » | Ranting | Permalink
Posted by reinkefj
http://www.freestateproject.org/intro/2008_election
Libertarian Free State Project elects four of its members to the New Hampshire State House of Representatives — Ridley Report
Low tax activists amend Rochester, New Hampshire charter to cap all spending increases to the rate of inflation — Union Leader
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The Free State Project is showing some results in New Hampshire!
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Leave a Comment » | LIBERTY | Tagged: NH | Permalink
Posted by reinkefj
The title says it all.
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1 Comment | MONEY | Tagged: Bailouts, Moral Hazard, Tax Revolt | Permalink
Posted by reinkefj
Leave a Comment » | LIBERTY | Permalink
Posted by reinkefj
http://channel-surfing.blogspot.com/2008/11/vanishing-republicans-of-south.html
Friday, November 07, 2008
The vanishing Republicans of South Brunswick
*** begin quote ***
I’ve heard some rumors that there are Republicans living in South Brunswick.
Yes, according to these rumors, there are actual, died-in-the-wool members of the Grand Old Party going about their business, meeting at Pierre’s and going through the electoral motions.
*** and ***
I am at a loss as to how the Republicans can turn this around, how they can remake themselves so they offer a reasonable alternative, an opposing voice at a time of Democratic control. This year’s candidates, for instance, were the best the party has had to offer in years and still they barely registered. Part of it was a lack of message — it’s not enough to say a different voice is needed. You still have to explain what that voice would say and how it might have an impact on council business. That was never offered.
But still, it is difficult for me to understand how candidates for Township Council can manage to get so few votes in a year of record turnout. It just boggles my mind.
*** end quote ***
Posted by Hank Kalet at 1:25 PM
# – # – #
Libertarian at 08824 said…
Why bother? The people of South Brunswick are content with the chains of the status quo. They have drunk the progressive Democratic kool aid. They must love the high taxes, “fat” bureaucrats, and the Jersey corrupt system. The sheeple are just “free riders” on a waste of effort. Until there is some indication of life, or some minimal support of Liberty in the sheeple, why bang your head against the wall?
“If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams
Before the current Democratic / Republican duopoly came across the land, Republicans were the party of smaller government and the Democrats were the party of individual liberty. Now it’s a disgrace. No difference. The politicians, aided and abetted by the Teachers Union, the Trial Lawyers, and the Unions, have figured out how to feather their own nest, while rewarding their friends and punishing their enemies.
They don’t want anything to disturb the status quo. Just try to get third party on the ballot in New Jersey. What a joke. “They”, the entrenched power elite, make the rules to prevent any change. The sheeple don’t get that the game is rigged. Take for example, school budgets! When the activists in town actually can mount a defeat of the bloated school budgets, there are six levels of appeal that will over ride the will of the people.
Property tax reform? It’ll come when no one can afford to own a home in New Jersey. Ethics reform? When the people refuse to speak to any elected official in any party, caucus, or pact with a corrupt official. State pension reform? When taxpayers, who don’t have a pension, refuse to endow the bureaucrats with a plush lifetime pensions and healthcare. Education reform? When senior citizens refuse to fork over their meager social security to “educate” other people’s children; not that it is “education” to pay unionized teachers to babysit bored children. And on. And on.
The only way to upset the applecart is to have a revolt. Gandhi showed how to do it. Just don’t cooperate. As this country gets more severely divided into producers and drones, eventually the producers will say “why bother”! When they stop producing, there would not be anything for the drones to take. Why do you think there is the continual drain of people out of New Jersey?
No, when my fellow sheeple are ready to lie down in the streets to prevent the schools from opening, storm the municipal building to stop them from stealing any more of our money, and march on Trenton to drive the thieves from the Golden Dome, I’ll be right there with them.
Till then, I object to you castigating “Republicans” who are just being realists.
See you at the demonstrations.
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1 Comment | Ranting | Tagged: Tax Revolt | Permalink
Posted by reinkefj
FROM FACEBOOK
Scott did not believe a worse president than Jimmy Carter could be elected, but was proven wrong. 7:50am
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Kevin Edward Kline at 9:43am November 7
So you’re the guy who was stealing my yard signs!
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Scott Moore at 9:59am November 7
No. I was the guy stocking up on gunns and ammo and getting a concealed permit license, and now quitely await armeggedon.
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Kevin Edward Kline at 10:30am November 7
We’ve elected a worse president than Carter. He’s called “W” and he betrayed every major tenet of the conservative movement. History will show the worst presidents of the 20th century as: Harding, Hoover, Nixon, Carter, and W.
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John Reinke at 12:47pm November 7
Well, imho, we need a few decades to properly evaluate the “worst” label. I believe Carter was merely incompetent; not evil. Bush was another incompetent big G socialist. Over the last five years, as I have learned more, experienced more, I’d suggest that “worst” has to be Lincoln. With Wilson and FDR close behind. In my “dimensions”, W isn’t … Read Moreclose and O get his four or eight years to attempt to lower the bar. Luckily, America is pretty tough and seems to be immune to mismanagement. Again, imho, shaking my head. BTW as a gun owner, I don’t think you can stand against the armed thugs of gooferment. You have to gather your neighbors and be Gandhi like. Lay down peacefully in front of them and confront them that way. Bottom line, like Gandhi said, you can’t control 300M people who just refuse to cooperate. Of course, a little French style night time resistance may be just what they need to hurry them along. Think the movie “Red Dawn”, “Casablanca”, or the OSS in Europe during WW2. Peace!
# # # # #
I clearly think that Lincoln, a tool of the Norther mercantilists, was clearly the “worst”. He started the War of Norther Aggression aka the Second American Revolution aka the “Civil” War. Essential a tax war! In the desire to favor the North over the South.
Slavery was a smokescreen!
It wasn’t about slavery. The rest of the world, for the most part, eliminated slavery peacefully. At the time of the war, there had been plans to buy all the slaves and free them. It was a labor model that was unsustainable. And, Lincoln allowed Sherman’s March to the Sea. War on the civilian population.
Now, runner’s up in my mind: Wilson, who campaigned on peace, and immediately led us into WW1 which set the table for WW2. FDR, who maneuvered us into WW2 via Pearl Harbor and entrenched Socialistic Big Government. Truman who dropped the A-bomb on civilians.
Far behind were the incompetents — Carter and Bush43! The liars — Bush41 (“No new taxes”) and Clinton (“I did not have sex with that woman”) And, the fellows who tried — Eisenhower (Identified the Military Industrial complex) and Regan (Couldn’t control the Congressional spending).
We have to allow O his four or eight years to make his mark. He might be able to slip under the bar, but he’s going to have to really try to get to the bottom of my list. Now he has established his political credentials in my mind by the lies on Infanticide, Public Campaign Financing, and his continual mincing of words. So we’ll have to see how he does in following through.
It’s hard to imagine him getting to the bottom of the list.
Sex with a Republican? Nah, that’s not even close.
And, he has inspired a generation of minority children with the idea that they CAN grow up and be President. That will be a hard positive to overcome. If he does NOTHING else. That’s enough to put him well above all these other names.
Getting to the bottom will require a heroic effort!
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Leave a Comment » | Ranting | Tagged: Obama | Permalink
Posted by reinkefj
Downloaded the latest release. Some platform problems getting it down, but got it. Luggable comes up on the live distribution clean. Connected to the home wireless network by selecting the network and supplying the admission password. Looks like we have something that will be my “production” release for my secondary desktop. Good bye Microsoft is on the horizon!
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Leave a Comment » | Technology | Tagged: UBUNTU | Permalink
Posted by reinkefj
http://news.bbc.co.uk/2/hi/technology/7708268.stm
New MP3 logo gets online support
*** begin quote ***
Seven of Britain’s largest music download sites have got together to promote a new “MP3 compatible” logo.
*** end quote ***
No DRMs for me. I’ve been fooled too many times. I have load of cassettes with great content; don’t lock me in. Argh!
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Leave a Comment » | Technology | Tagged: DRM, LockedIn | Permalink
Posted by reinkefj
On Bob Brinker’s radio program today, during the second hour, had a caller call and report that one of the Principal Group’s Stable Value Funds was refusing redemptions. That’s earthshaking. Bob advise legal counsel be retained. Doesn’t sound good for Principal?
Also, on the show, a caller reported a 30+% loss in an California Muncipal Money Market fund. That shouldn’t be possible?
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Leave a Comment » | MONEY | Tagged: investments | Permalink
Posted by reinkefj
http://execunet.blogspot.com/2008/11/mike-for-president.html
Tuesday, November 04, 2008
Mike for President
Dave Opton
Norwalk, Connecticut
*** begin quote ***
Anyway, what caught my eye was not just the subject which I found of immediate interest, but after reading it, I was pleased to see that he too was pounding the drum on one of the subjects about which readers of this blog will recognize as one about which I have pretty strong feelings – read public education.
*** end quote ***
Sorry, but I don’t expect the Teacher’s Union to allow any fundamental shift in “education” policy.
If we have any hope, it will be from parents refusing, or being unable, to pay for “education” that doesn’t have an ROI. If we have any hope, it will be the children realizing that the “eduction” being offered them is a time waster and the strike out on their own. If we have any hope, it will be from the pre-College students refusing to take on the debt load for an education that doesn’t have an ROI.
In short, not a lot of hope.
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Leave a Comment » | Ranting | Tagged: Problems | Permalink
Posted by reinkefj
http://www.wxpnews.com/archives/wxpnews-352-20081104.htm
>Computerized Voting: Is It Trustworthy Yet?
Leave a Comment » | LIBERTY | Permalink
Posted by reinkefj
http://www.wthr.com/global/story.asp?s=9299280
Obama campaign workers angry over unpaid wages
Posted: Nov 5, 2008 03:38 PM
Updated: Nov 5, 2008 11:03 PM
*** begin quote ***
A former spokesman for the Obama campaign said 375 people were hired as part of the Vote Corps program and said people signed up to work three-hour shifts at a time. Three hours of canvassing got workers a $30 pre-paid Visa card.
*** end quote ***
I’m sure that TAXES were paid on ll these GIFT cards! Wouldn’t want to be SLEFISH?
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1 Comment | Ranting | Tagged: Obama | Permalink
Posted by reinkefj
From: “Senator Robert Menendez” <Senator_Menendez@menendez.senate.gov>
Date: November 5, 2008 11:48:47 AM EST
To: Reinke
Subject: Re: From Senator Menendez’s Website
Dear Mr. Reinke:
Thank you for contacting me with your concerns regarding the National Capital Security and Safety Act (H.R. 6842). I appreciate the opportunity to hear your views on this important issue.
As you may know, the National Capital Security and Safety Act will make significant negative changes to the District of Columbia’s existing firearms law. For example, this legislation would repeal the District of Columbia’s current ban on semiautomatic assault weapons, as well as it’s prohibition on individuals carrying guns in public. It would eliminate the District of Columbia’s firearm registration system and do away with criminal background checks for secondhand gun purchases. In a nutshell, it will require the District to remove all restrictions on gun ownership that go beyond the minimum federal requirements and would prohibit the District from adopting gun regulations from other cities and states. I find this legislation to be unacceptable.
Like many issues that come before the United States Congress, the issue of gun control has two sides, each of which is strongly and passionately defended by its supporters. As your Senator, I firmly believe in the right of all citizens to use firearms responsibly to protect one’s home and family. I also support safe recreational use of guns, as long as participants act responsibly. I do not, however, support gun use by all people in all situations, and I am committed to keeping guns out of the hands of criminals and those that will use them to do harm. I believe the National Capital Security and Safety Act could have a considerable negative impact on safety and security in the nation’s capital. Therefore, I cannot support it. Although this bill passed through the House of Representatives with the support of the National Rifle Association by a vote of 266-152, I will continue to work to improve the bill on the Senate side so that a safe and reasonable gun control law can be enacted.
Again, thank you for contacting me regarding this important issue. Please do not hesitate to contact me in the future about this or any other matter of concern. I invite you to visit my website (http://menendez.senate.gov) to learn of other important issues to New Jersey.
# – # – #
What part of “shall not be infringed” does Senator Menedez NOT understand?
If the pen is mightier than the sword, then Menedez would seek “reasonable printer control”?
Argh!
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Leave a Comment » | GUNS | Tagged: Gun Control | Permalink
Posted by reinkefj
Cops: Cape Girardeau woman kills man who returned to rape her second time
By Heather Ratcliffe
ST. LOUIS POST-DISPATCH
10/31/2008
*** begin quote ***
An intended rape victim shot and killed her attacker this morning in Cape Girardeau when he broke into her home to rape her a second time, police said.
*** end quote ***
Self-defense!
A great antidote to rape.
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Leave a Comment » | GUNS | Tagged: Women's Rights | Permalink
Posted by reinkefj
http://www.americanthinker.com/blog/2008/11/how_stupid_is_senator_menendez.html
http://www.youtube.com/watch?v=W7FJX5QiCrw
November 04, 2008
How stupid is Senator Menendez?
Larrey Anderson
*** begin quote ***
Either he is stupid or he is intentionally confusing the difference between the income tax and capital gains taxes.
Watch this interview of Senator Robert Menendez, a New Jersey Democrat, by Neil Cavuto on FOX news.
*** end quote ***
Well, we have Lautenberg too.
<Just shaking my head!>
I don’t think we have ANYTHING to worry about. There won’t be any tax cuts period.
Then sheeple have been fooled again.
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Leave a Comment » | Ranting | Tagged: Income Tax, Tax, Tax Rates, Tax Revolt, Taxes | Permalink
Posted by reinkefj
Drudge is reporting 62M votes of O and 55M votes for McC. That’s 117M votes in a country of 300M? A third in what’s widely touted as the best turn out ever.
Do we have the beginnings of a revolt?
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Leave a Comment » | Political | Tagged: McCain, Obama, POTUS08, Presidential2008, Revolt | Permalink
Posted by reinkefj
Well. clearly, the McCain campaign was a disaster, but is it all his fault.
(1) The liberal media certainly was Obama’s chief cheerleader.
(2) George Bush made his first mistake when there was no viable VP to take over for him.
(3) George Bush was a closet liberal. He didn’t govern as a “conservative”; compassionate or otherwise.
(4) The failure to regulate the mortgage market with a simple effective “damping” of the sub-prime mortgage market was a critical gooferment failure. NINJA loans were a well known scandal. The Fed could have put in a minimum percentage down payment rule; akin to its margin requirement rule. Congress — being paid off by Fannie and Freddie — could have passed restraining legislation; at least to divide Fannie and Freddie into small regional competitors. The Judiciary could have found that loan agreements that had negative amortization, adjustable into the sky, or other terms as unenforceable as “fraudulent” or “unsuitable”. So there’s enough blame to go around.
(5) The sheeple are easily led. A victory for the dis-education system of Horace Mann. It’s created uncritical voters who are easily swung by emotional media.
The question becomes what will the Republican / December duopoly? Does Liberty have a doorway to slip through with the demolition of the Republican Party and will the Democrats be destroyed by success?
Out of the rubble can Liberty activists forge a new path to a voluntary society?
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Leave a Comment » | ADMINISTRIVIA | Tagged: McCain, Obama, POTUS08, Presidential2008 | Permalink
Posted by reinkefj
What are “Ladders?
A ladder is a climbing device that is characterized by “rungs” that one steps on as you move “upward”. Oh, you knew that. In the financial world, ladders are a bundle of financial assets that have different maturities over time. Those assets could be bonds with different due dates; as opposed to stocks that are an equity interest.
Ladders are of interest in that one can construct a portfolio of bonds that has essentially a different characteristic from the underlying components. Bonds have some typical characteristics: amount, term, rate, and rating. Using a “ladder”, you can create a portfolio that has an higher effective annual interest rate than you’d anticipate. Using a different type of “ladder”, you can create your own version of a bond mutual fund. And, using again a different type of ladder, you can create your own “pension fund”.
“Certificate of Deposit” ladders, my particular favorite, are essentially a bundle of individual certificates of deposit that you consider as a unit or a “portfolio”. You can use all sorts of bonds and even preferred stock as you see fit. My preference is for FDIC insured Certificates of Deposit. (Please be sure to check with the FDIC website. This is pretty much as close to certainty as you can get.)
One drawback of say one year certificates of deposit is that of the low interest rate; use a ladder to get the five year rate. One drawback of a bond mutual fund is that variability in the value of the fund as interest rates fluctuate. One draw back of a pension from a pension fund is that the monthly pension goes away at death.
If you look into the technical descriptions, you will find that our “CD Ladder” overcomes many of the drawbacks. Low one year CD rates can be overcome by rolling five year CD terms. (More about that later) The fluctuation of a bond fund can be overcome by the date certain aspect of a CD; you always get your money back regardless of interest rates. And, the pension check disappearing at death can be overcome by the ladder goes into your estate when you die.
Laddering is a hedge against market volatility. If rates go up, you will be able to invest in a higher rate CD; bond funds lose value when rates go up. On the other hand, if the rates go down, at least you’ve got the other CDs invested at a good rate for longer and the not all of your eggs come due at the same time; bond funds go up in value but pay less interest at the new rate.
To create a CD ladder, you buy several CDs with varying lengths and interest rates. Let’s just use a simple ladder that I recommend to old retirees. The “12 by 5”! Think 60 Five Year 5% CDs spread out over the Twelve Months across Five Years that mature every month. Lets use a portfolio of 60k$ for ease of thinking. Every month, they have a 1k$ CD to roll over. They can take the interest 50$ and party. Trivial for a pension, right? But these are rich senior citizens. Make that a 50K$ CD and that’s 2.5k$ per month. Or, 30k$ per year. That’s a 3M$ portfolio. Better than Social Security. And, it safe, secure, and can be created by an individual with ease. Sleep easy!
OK, you don’t have 3M$ idle and let’s look at another example.
Emergency funds, or savings, are nicely addressed by a “4 by 5” ladder. Think 20 Five Year 5% CDs spread out over the Four Quarters across Five Years. Lets use an Emergency Fund of 100k$. That should cover most emergencies I can think of. Every quarter, you have a 5k$ CD that comes due and you roll it over. Should an emergency come that requires tapping the fund, you just break the last CD. Usually the penalty is just the interest. Some banks will even give you a loan at a very cheap rate, pledging the CD as collateral. It’s a little hard to crack into them, so you’re less likely to call an emergency that isn’t a true one. Since you’d lose money by doing anything with them, you’re motivated to figure out an alternative. But, if you need them, they are there. I like borrowing against them as opposed to cashing them.
Entry into the program is relatively simple. When starting, we bought five “First Quarter” (i.e., 1, 2, 3, 4, and 5 years), a Ninety Day for “Second Quarter”, a One Eighty Day for the “Third Quarter”, and a Two Seventy Day for the “Fourth Quarter”. Then, at each quarter, we “exploded” the roll over into the five “children” (i.e., 1, 2, 3, 4, and 5 years). Hardest part was to explain to the Bank Folks what we wanted. We had to be very focused. Exiting from the program is just stopping the roll overs.
You may need to be a little tactical in getting to the target distribution. Banks usually have “special deals” for odd terms. Recently, when we were setting up the previously described “4 by 5”, the Bank had a “sale” on some odd terms at significantly higher rates. In looking at the odd terms, it was possible to “steer” them into giving us what we wanted.
Opinion: These are essential for old retirees. But of limited usefulness for young workers, except for use as emergency funds and for the savings layer of their financial pyramid, where they serve very nicely.
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Leave a Comment » | MONEY | Tagged: investments | Permalink
Posted by reinkefj
http://www.lewrockwell.com/rockwell/austrian-econ-more-than-ever.html
Why Austrian Economics Matters More Than Ever
by Llewellyn H. Rockwell, Jr.
*** begin quote ***
Abolishing the Fed would put a huge brake on the planning state. Without the ability to expand the money supply at will, the federal government would become about as threatening as state or local government. That is to say, the federal government would still be an intolerable imposition on life, liberty, and property. But we wouldn’t be worrying about hyperinflation, large scale bubbles in specific sectors, crazy business cycles, trillion-dollar bailouts, controls that reach into every nook and cranny of our lives, a cradle to grave welfare state, or a global empire that invades any and every country at will, and makes America the enemy to whole regions of the world.
That’s only the beginning of what the end of the Fed would mean. It would dramatically change the political culture in this country. Bureaucracies would tumble. Trade would stabilize. The investment-risk calculus would accord with the free market. The left could no longer live out its pipe dreams of socialist utopia at our expense. The right would have to give up its wacky notion of a world police state. The power ambitions of whole sectors of society would be scaled back.
The state is always and everywhere a danger, even when it has no monopoly on money and no printing press that can create money tickets at will. But a state with the ability to make its own money is a grave and relentless threat to prosperity and freedom. It leaves the future entirely to the discretion of the money managers. Every day we live under the threat that the US could be the next Weimar Republic or even another Zimbabwe. All that stands between us and that day is the wisdom and prudence of the Fed.
*** end quote ***
There was a fundamental shift in America that was done without the People even being aware of the terrible path they were being taken down.
With the financial meltdown (i.e., criminal collusion between Congress and Wall Street), it seems like an appropriate time to put the Fed out of business.
It’s un-American!
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Leave a Comment » | Political | Tagged: Bailout, Bailouts, FED, Inflation, Moral Hazard, Morality, Tax Revolt | Permalink
Posted by reinkefj
Hidden Audio: Obama Tells SF Chronicle He Will Bankrupt Coal Industry
By P.J. Gladnick (Bio | Archive)
November 2, 2008 – 07:26 ET
Imagine if John McCain had whispered somewhere that he was willing to bankrupt a major industry? Would this declaration not immediately be front page news? Well, Barack Obama actually flat out told the San Francisco Chronicle (SF Gate) that he was willing to see the coal industry go bankrupt in a January 17, 2008 interview. The result? Nothing. This audio interview has been hidden from the public…until now.
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Interesting how everything is coming out now!
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Leave a Comment » | Ranting | Tagged: Obama | Permalink
Posted by reinkefj
http://www.lifetrekcoaching.com/current/
PROVISION #589 (11/02/08): ELECTION ENERGY
>You’re also participating in that great movement called democracy. The opposite of democratic
>is not republican; the opposite of democratic is aristocratic. “Democratic” means rule of the
> people, the “demos” in Greek, while “aristocratic” means rule of the best, the “aristos”.
You have got to be kidding. This is a joke. Right? You can’t be serious. This is what the Founding Fathers feared most; the inflamed passions of the mob.
Sorry, given today’s education system, which is right out of the Socialist Horace Mann’s playbook, we have functionally illiterate people picking based on TV. I’ve got more respect for “Dancing with the Stars” election process than I do “the gooferment’s one”. (Have you seen the mechanics of voting?) Mann wanted an education system to create good factory workers and soldiers for the army. People who were easily lead by the elite.
See any elite in this election?
I sure do!
Sarah is the only wild card in the deck. And, at least she has some demonstrated executive ability. She is probably the most qualified of all of them. At least she hasn’t been in Washington DC at all.
No, this isn’t about an Athenian democracy. Or Plato’s “Republic”. This is about “manipulation”. Yes, you did see raw intelligent passion as folks came out for Ron Paul. There was a TRUE choice. A completely different path! Hopeless; throwing themselves against the entrenched elites of the Republican Party. Mao said “All power comes from the end of a gun”. He was dead on.
We have an American because some Dead Old White Guys stood up to the entrached power elite and said “hell, no!” and were willing to die for their liberty. We’ve seen from time to time that fighting spirit come out — the Second American Revolution aka the War of Norther Aggression aka the Civil War (there’s a misnomer).
The elite allows “elections” on the hope that the sheeple will carry on the illusion of “their government”. In fact, it is a fraud. Your friend was absolutely right there’s no difference between the two “parties”. In the election that you abhor the Supreme Court deciding, there was only two choices the Harvard guy with the blue tie and the Harvard guy with the red tie. They are so much alike I can even remember who wore what!
No, the whole thing is a farce! Except at the end of it, the gooferment kills. It kills with its diversion of our attention to REAL problems. To the real loss of liberty here at home and abroad. Eventually, the chickens do come home to roost.
At some point in time, the oppressed decide that they are tired of “the shit end of the stick”. They look at their lot in life and make a decision to say “enuf”! If we are lucky, it’s relatively peaceful like Ghandi, the Polish Soladarity, or the Russian Communism collapse. If we are not, it’s bloody like the French Revolution, Mao taking China Communicst, North Korea, Nazi Germany.
I fear we are merely traveling the road that ends in disaster. Election, or not. When you have Socialism, whether it be from a Democrat or a Republican, that takes an ever increasing percentage of wealth and earnings, while one’s accumulated wealth is inflated away, you have the focus point of revolution. At some point, even American’s will say “enuf”?
Can’t tell you at what point exactly that is. When the taxes so much, that survival is in doubt? When a life’s savings are stolen? When the insame gooferment diktats about drugs have half the people in prison? When the unemployment is 50%? When the dollar ceases to be the reserve currency and we have a Zimbabwe inflation? When Hispanics become the dominent race here in America? If Obama loses and half the people think the other half are racists? If McCain loses and half the people think the other half are Marxist Communist Socialists?
Eventually, all gooferments get around to killing their citizens. Like the JPFO says: “Frist comes disarmament; then genocide.” We will have a “vote” then. I pray it’s Ghandi-like. But, I’m not so sure of that. I do know that “cold dead hands” will decide the issue eventually. Not ballots.
Peace,
fjohn
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Leave a Comment » | Political, Ron Paul | Tagged: Inflation, McCain, Moral Hazard, Obama, POTUS08, Presidential2008, Revolt, Ron Paul, Tax Revolt | Permalink
Posted by reinkefj
http://news.bbc.co.uk/2/hi/uk_news/wales/7702913.stm
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The English is clear enough to lorry drivers – but the Welsh reads “I am not in the office at the moment. Send any work to be translated.”
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rofl!
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Leave a Comment » | FUN | Tagged: SIGNS | Permalink
Posted by reinkefj
You are currently browsing the Reinke Faces Life blog archives for November, 2008.
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FJohn Reinke
Consultant at Technology Legacies LLC
Advisor, Computer Governance Committee at Manhattan College
Editor / Publisher at Jasper Jottings
Greater New York City Area
JJ Positraction JJ Endnotes Downsize DC
Philosophy of Liberty
I have NOT received any gagged governmental information requests
Reinke Faces Life 
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