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	<title>Whiskey and Gunpowder &#187; Wayne Allyn Root</title>
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	<link>http://whiskeyandgunpowder.com</link>
	<description>Whiskey and Gunpowder features articles on gold, oil, currencies, emerging markets, energy, and more.</description>
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		<title>Homeschool to Harvard</title>
		<link>http://whiskeyandgunpowder.com/homeschool-to-harvard/</link>
		<comments>http://whiskeyandgunpowder.com/homeschool-to-harvard/#comments</comments>
		<pubDate>Wed, 05 May 2010 17:57:31 +0000</pubDate>
		<dc:creator>Wayne Allyn Root</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[competition]]></category>
		<category><![CDATA[Dakota Root]]></category>
		<category><![CDATA[public schools]]></category>
		<category><![CDATA[unions]]></category>

		<guid isPermaLink="false">http://whiskeyandgunpowder.com/?p=7092</guid>
		<description><![CDATA[This is the story that the teachers unions wish had never happened. This is the story that proves all their hysterical demands for more money are nothing but a sham. This is the story that makes the unions and education bureaucrats sick to their stomachs. This is the personal story of my daughter Dakota Root. [...]<p><a href="http://whiskeyandgunpowder.com/homeschool-to-harvard/">Homeschool to Harvard</a> was originally featured on <a href="http://whiskeyandgunpowder.com">Whiskey and Gunpowder</a>. Visit <a href="http://lfb.org/">Laissez Faire Books</a> for the best selection of libertarian book titles.</p>
]]></description>
			<content:encoded><![CDATA[<p>This is the story that the teachers unions wish had never happened. This is the story that proves all their hysterical demands for more money are nothing but a sham. This is the story that makes the unions and education bureaucrats sick to their stomachs. This is the personal story of my daughter Dakota Root.</p>
<p>In each of the books I’ve written, I’ve taken great care to acknowledge my beautiful and brilliant little girl, Dakota. I often noted that Dakota and her parents were aiming for her acceptance at either Harvard or Stanford and would accept nothing less. The easy part is aiming for gold. The hard part is achieving it. “Homeschool to Harvard” is a story about turning dreams into reality.</p>
<p>Dakota has been home-schooled since birth. While other kids spent their school days being indoctrinated to believe competition and winning are unimportant, and that others are to blame for their shortcomings and failures, Dakota was learning the value of work ethic, discipline, sacrifice and personal responsibility. While other kids were becoming experts at partying, Dakota and her dad debated current events at the dinner table. While other kids shopped and gossiped, Dakota was devouring books on science, math, history, literature, politics and business. I often traveled to business events and political speeches with my home-schooled daughter in tow. While other kids came home to empty homes, Dakota’s mom, dad, or both were there every day to share meals and a bedtime kiss and prayer. Despite a crazy schedule of business and politics, I’m proud to report that I’ve missed very few bedtime kisses with my four home-schooled kids.</p>
<p>While others were out learning to drive so they could attend more parties, or experimenting with alcohol and drugs, Dakota was practicing the sport she loves with dedication, intensity and passion- fencing. The result? She became one of the elite junior fencers in America- winning the Pacific Coast Championship and representing the United States at World Cup events in Germany and Austria.</p>
<p>Was all the discipline and sacrifice worth it? A few days ago, Dakota Root achieved her lifelong dream. She was accepted at both Harvard and Stanford. She was also accepted at Columbia, Penn, Brown, Duke, Chicago, Cal-Berkeley, USC and several more of the elite schools in America, an unheard of record for a home-school kid. She actually had the confidence to turn down an offer from the Yale fencing coach before she had gotten her other acceptances. <em>The kid turned down Yale! </em></p>
<p>Here is the most amazing part of the story: The <span style="text-decoration: underline">first</span> classroom of Dakota’s life will be inside the hallowed halls of Harvard. This fall she will fence for the Harvard team- one of America’s best. Only an elite 1% (30,000) of the best of the best high school seniors dared apply to Harvard. Virtually every one was #1 in their class, or a world-class scholar/athlete, or had perfect S.A.T. scores. Out of 3 million high school seniors headed to college, and those 30,000 applicants, only 1500 or so will attend Harvard. That is the lowest acceptance rate in college history. To be accepted at one or two Ivy League colleges is rare- to all, an almost impossible feat!</p>
<p>At a time of educational free-fall, it is a remarkable story. With America’s public school system ranked at or near the bottom of the industrialized world (and Nevada near the bottom of that), with record dropout rates, grade inflation, violence, gangs, drugs, teen pregnancies, and the scandal of graduating high school seniors requiring remedial math and reading before starting at college, Dakota’s story offers hope. Dakota proves the American Dream is alive, if only we’d stop depending on government to save us.</p>
<p>There is no one answer for education. Our choice of homeschooling melded parental education with tutoring by hand-picked retired teachers and college professors, combined with a personally-chosen curriculum. It’s called parental freedom: the power to decide how to best educate children belongs with the parents, not teachers unions. School choice, encouraging competition for our failing public school system, and offering vouchers on the state level to give parents the power (and money) to choose among charter schools, private schools, parochial schools or home-schooling is the way to force public schools to improve. Competition works. If it’s good enough for Coke and Pepsi, why not public schools?</p>
<p>The sad reality is that teachers unions and government aren’t the solution &#8211; they are the problem. Our public schools get worse every year, yet teachers unions demand more and more money. They get their money, it gets worse yet, and they demand even MORE. That is the definition of insanity. This is <em>“Groundhog Day.”</em> It isn’t working- and hasn’t since the day that government took over education in this country.</p>
<p>Dakota Root proves it doesn’t take a state certified teacher, or a teachers union, or a village to raise a child- it only takes two loving parents who give a damn. One home-schooled girl has driven a stake through the heart of the public school education sham. “Homeschool to Harvard” is a powerful story that every parent should be allowed to offer their children.</p>
<p>Regards,<br />
<a href="http://whiskeyandgunpowder.com/author/waroot/">Wayne Allyn Root</a><br />
<em><a href="http://whiskeyandgunpowder.com/">Whiskey &amp; Gunpowder</a></em></p>
<p>May 5, 2010</p>
<p><a href="http://whiskeyandgunpowder.com/homeschool-to-harvard/">Homeschool to Harvard</a> was originally featured on <a href="http://whiskeyandgunpowder.com">Whiskey and Gunpowder</a>. Visit <a href="http://lfb.org/">Laissez Faire Books</a> for the best selection of libertarian book titles.</p>
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		<slash:comments>36</slash:comments>
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		<title>Less Tax for Economic Turnaround</title>
		<link>http://whiskeyandgunpowder.com/less-tax-for-economic-turnaround/</link>
		<comments>http://whiskeyandgunpowder.com/less-tax-for-economic-turnaround/#comments</comments>
		<pubDate>Thu, 15 Apr 2010 17:59:08 +0000</pubDate>
		<dc:creator>Wayne Allyn Root</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Michigan]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://whiskeyandgunpowder.com/?p=6953</guid>
		<description><![CDATA[It’s “tax week” in America. This week includes that infamous date of April 15th where the I.R.S. intrudes on our lives and tries to convince us (at gunpoint and threat of prison) that our money and property actually belongs to them. Over the years I’ve come to realize that the mafia offers a far better [...]<p><a href="http://whiskeyandgunpowder.com/less-tax-for-economic-turnaround/">Less Tax for Economic Turnaround</a> was originally featured on <a href="http://whiskeyandgunpowder.com">Whiskey and Gunpowder</a>. Visit <a href="http://lfb.org/">Laissez Faire Books</a> for the best selection of libertarian book titles.</p>
]]></description>
			<content:encoded><![CDATA[<p>It’s “tax week” in America. This week includes that infamous date of April 15th where the I.R.S. intrudes on our lives and tries to convince us (at gunpoint and threat of prison) that our money and property actually belongs to them. Over the years I’ve come to realize that the mafia offers a far better deal than the I.R.S. Let’s look at the facts. The mob comes to a businessman (like me) and demands 10% for “protection.” The rub of course is that the protection is from <em>them</em>. The government calls that extortion and will send a mobster to prison for 20 long years for that crime. Yet the same government comes to that same businessman, demands a 50% (or more) cut of his business, and offers no protection whatsoever. I prefer the deal offered by the mafia.</p>
<p>Government also lies, cooks the books, and distorts the facts when it comes to taxes. Obama tells us that tax increases will not hurt the economy. He calls tax cuts “handouts” to the wealthy. He says that tax cuts create deficits. But whenever Obama wants to spur the economy, he is quick to offer tax cuts to <em>his</em> voters. When Obama wanted to sell cars, he offered a tax cut called “Cash for Clunkers.” When Obama wanted to sell homes he offered a tax rebate to homebuyers. When Obama wanted to sell appliances, he offered a tax rebate to consumers. When Obama wanted to encourage spending, he offered an almost trillion dollar stimulus in the form of “tax cuts” to people that never paid taxes in the first place. Weren’t all those programs “handouts”? Didn’t those tax cuts increase the deficit? This is how politicians distort facts and cook the books.</p>
<p>But the most telling story of all about taxes is found in Michigan. Michigan is a big government, big entitlement, big union state run by leftist and socialist progressives (just like Obama). It is no surprise that Michigan suffers from the worst economy in America; 14% unemployment; “empty cities” like Detroit (which has lost half of its population); and leads the nation in moving vans moving out. Yet one thing is working fantastically in Michigan- TAX CUTS!</p>
<p>In the midst of economic Armageddon in Michigan there is one part of the economy that is booming- movie production. Why? Because Michigan offers the most generous tax incentives in the nation for movie-makers. The result? The liberal progressive hypocrites of the movie business…the same ones who support Obama…the same ones who call tax cuts for the rich “greedy”… have moved Hollywood to Michigan! Last year 87 films were made in Michigan- a 900% increase from the year before. 3 major movie studios are opening this year in Michigan. Yes, the tax rebates cost Michigan $40 million…but those same tax cuts produced 7000 new jobs and $325 million in new revenues for the Michigan economy. Now that’s a great economic success story.</p>
<p>Michigan is Exhibit A for proving that allowing taxpayers to keep more of their own money works like magic. Even amidst the most worst economy and worst weather in America, it’s enough to convince Hollywood hypocrites to relocate from sunny Southern California to depressing and freezing Michigan! Can you imagine what a dramatic tax cut would do for the entire American economy?</p>
<p>Well I can- and I’ve got the plan. Let’s institute a one-year “Income Tax Vacation” for the taxpayers of America. This would benefit in particular small business owners- who pay most of the taxes and create 75% (or more) of new jobs. If you let them keep 100% of their own money for one year, they will create the greatest economic turnaround in world history. They will invest it in stocks (driving up the stock market), bonds (driving down interest rates), real estate (ending the foreclosure crisis), starting new business and expanding old ones (creating millions of new jobs and producing millions in new tax revenue). They will invest in and revitalize America.</p>
<p>Obama, Reid and Pelosi (the Axis of Taxes) would say, “But where would we find the money?” Well Obama found the money for $1 trillion in stimulus…$1 trillion for universal healthcare…$13 trillion for bailouts…and billions more for earmarks and legal bribery (to gain the votes to pass all this obscene spending). Those programs have failed to reignite the economy because Obama doesn’t understand simple economics. Small business is the economic engine of America. Yet Obama wants to incentivize everyone in the country- except the taxpayers and small business owners who actually pay the bills…and create the jobs. Reagan’s tax cuts proved that if you motivate small business with a dramatic tax cut, you can turn a deep recession into an economic boom almost overnight. Well this isn’t a recession, it’s a depression. It calls for special measures. This Income Tax Vacation is <em>“Reagan squared.”</em></p>
<p>Perhaps Obama knows exactly what he’s doing. Perhaps Obama’s goal is to punish, demonize and demoralize the successful…redistribute the wealth…forever cripple the people who contribute to limited government causes…and bankrupt the capitalist system, so that Americans grow desperate and dependent on government. There is one problem with this scheme Mr. Obama- who will be left to pay all the bills?</p>
<p>Regards,<br />
<a href="http://whiskeyandgunpowder.com/author/waroot/">Wayne Allyn Root</a><br />
<em><a href="http://whiskeyandgunpowder.com/">Whiskey &amp; Gunpowder</a></em></p>
<p>April 15, 2010</p>
<p><a href="http://whiskeyandgunpowder.com/less-tax-for-economic-turnaround/">Less Tax for Economic Turnaround</a> was originally featured on <a href="http://whiskeyandgunpowder.com">Whiskey and Gunpowder</a>. Visit <a href="http://lfb.org/">Laissez Faire Books</a> for the best selection of libertarian book titles.</p>
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		<slash:comments>14</slash:comments>
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		<title>California Is America&#8217;s Big, Fat Greek Tragedy</title>
		<link>http://whiskeyandgunpowder.com/california-is-americas-big-fat-greek-tragedy/</link>
		<comments>http://whiskeyandgunpowder.com/california-is-americas-big-fat-greek-tragedy/#comments</comments>
		<pubDate>Thu, 18 Feb 2010 16:16:06 +0000</pubDate>
		<dc:creator>Wayne Allyn Root</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[california]]></category>
		<category><![CDATA[deficits]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Greece]]></category>

		<guid isPermaLink="false">http://whiskeyandgunpowder.com/?p=6500</guid>
		<description><![CDATA[Greece is the insolvent, bankrupt country that threatens to bring down the entire EU (European Union) with its exploding and toxic national debt. But it’s just one of the PIGS- Portugal, Italy, Greece and Spain. The EU is damned if they do, damned if they don’t. If they choose to bail out Greece in order [...]<p><a href="http://whiskeyandgunpowder.com/california-is-americas-big-fat-greek-tragedy/">California Is America&#8217;s Big, Fat Greek Tragedy</a> was originally featured on <a href="http://whiskeyandgunpowder.com">Whiskey and Gunpowder</a>. Visit <a href="http://lfb.org/">Laissez Faire Books</a> for the best selection of libertarian book titles.</p>
]]></description>
			<content:encoded><![CDATA[<p>Greece is the insolvent, bankrupt country that threatens to bring down the entire EU (European Union) with its exploding and toxic national debt. But it’s just one of the PIGS- Portugal, Italy, Greece and Spain. The EU is damned if they do, damned if they don’t. If they choose to bail out Greece in order to save the union, soon they’ll have much bigger bankrupt nations to deal with (Portugal and Spain are next in a long Conga line). There isn’t enough money in all the world to bail out all of them. The EU is in big trouble.</p>
<p>But the real problem is that Greece isn’t the worst Greek tragedy on the horizon. Greece is only “the canary in the coal mine.” The United States is one big fat Greek tragedy. We are Greece- SQUARED. All the same problems that plague Greece, plague this country- huge national deficits and debt; high unemployment; gigantic entitlement programs; too many government employees; not enough tax revenues coming in; endless bailouts and stimulus; and pension and healthcare systems (Social Security, Medicare, Medicaid) that threaten to eat every dollar of the budget. Just the interest on our national debt is enough to destroy our economy. It’s all a Greek tragedy.</p>
<p>America is Greece- except on a much grander scale. Our economic collapse is still a year or two down the road. Obama is laughing, celebrating, dancing and handing out gifts (stimulus, bailouts, entitlements, corporate welfare) at a big fat Greek wedding&#8230;oblivious to the the coming economic Armageddon&#8230;oblivious to the madness of his plan- to triple down on spending to save us from insolvency.</p>
<p>But it didn’t take Greece to warn America of the impending doom. California is our Greece. I warned long ago that Obama’s stimulus plan was a disaster. That handing out $120 billion dollars to state and local governments so that they could prevent layoffs of government employees; hire more teachers and government employees; and actually protect raises for government employees&#8230;was pure madness. I pointed out at the time that state and local governments across the USA were bankrupt and insolvent. The only possible solution was massive cuts in government spending and layoffs of government employees (just like the private sector). I pointed out that once the stimulus ran out in 2 years, we’d have the same exact problem&#8230;except with more government employee salaries, pensions and health care to pay for. All we did was kick the can down the road a bit. We delayed the inevitable economic disaster- just as Greece has done for decades, just as California has done for years. But the day of reckoning is fast approaching.</p>
<p>California is still insolvent and bankrupt&#8230;so are most state and local governments&#8230;now we have more government employee mouths to feed&#8230;more pensions to pay&#8230;how will we pay the even larger bill once the stimulus runs out? Where is the next stimulus coming from? How do we pay back the $2 trillion that the Fed has printed? Where are the tax revenues when everyone is a government employee?</p>
<p>All the king’s men&#8230;all the countries of the world&#8230;all the bankers and Goldman Sachs partners&#8230;cannot pay the bills that are coming due for America. The national debt has zoomed past $100 trillion. As a sign of things to come, our December deficit doubled in the past year. Obama’s budget pressed the pedal towards Armageddon- by spending more than all the budgets of all the Presidents that came before him, <em>combined</em>.</p>
<p>The old saying goes, “A trillion here and a trillion there&#8230;pretty soon we’re talking about real money.” Well let’s give you some perspective of the trouble we are in. Greece owes $300 billion to the banks. That amount&#8230;from a tiny country&#8230;threatens to bankrupt banks across Europe and bring down the entire EU. Yet Obama spent $800 billion in one stimulus bill last year. That stimulus by the way, created zero jobs. ZERO. He wanted to spend a trillion more on his expansion of government-run healthcare. If $300 billion can bring down the entire EU&#8230;and make big European banks insolvent&#8230;who can possibly bailout America’s $100 trillion tab? Just one state- California- is in similar shape and facing the same kind of economic collapse as Greece.</p>
<p>The lesson we must learn is that government cannot spend taxpayers’ money endlessly; that not everyone can work for government; that not everyone can depend on government for survival; that government cannot give raises and bonuses to government employees in a depression; that big pensions and universal healthcare bankrupt nations; that unions are poisonous to the survival of an economy; that “spreading the wealth around” is a failure whenever and wherever it’s been tried- Argentina, Greece, California. The socialist experiment is a disaster.</p>
<p>Now we wait&#8230;as the clock ticks&#8230;to see if we can avoid becoming the next Greek tragedy that pushes the world towards a second Great Depression.</p>
<p>Regards,<br />
Wayne Allyn Root</p>
<p>February 18, 2010</p>
<p><a href="http://whiskeyandgunpowder.com/california-is-americas-big-fat-greek-tragedy/">California Is America&#8217;s Big, Fat Greek Tragedy</a> was originally featured on <a href="http://whiskeyandgunpowder.com">Whiskey and Gunpowder</a>. Visit <a href="http://lfb.org/">Laissez Faire Books</a> for the best selection of libertarian book titles.</p>
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		<title>Time Magazine Blunders with Bernanke</title>
		<link>http://whiskeyandgunpowder.com/time-magazine-blunders-with-bernanke/</link>
		<comments>http://whiskeyandgunpowder.com/time-magazine-blunders-with-bernanke/#comments</comments>
		<pubDate>Thu, 07 Jan 2010 18:49:09 +0000</pubDate>
		<dc:creator>Wayne Allyn Root</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Macro Economics]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[bernanke]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[free market]]></category>
		<category><![CDATA[ron paul]]></category>
		<category><![CDATA[Time]]></category>

		<guid isPermaLink="false">http://whiskeyandgunpowder.com/?p=6143</guid>
		<description><![CDATA[You can usually count on Time magazine to get things backwards, and they missed in a big way with their selection of Ben Bernanke as “Person of the Year” for 2009. Bankster Ben was wrong, wrong, and wrong again in his Federal Reserve policies and prognostications, with the result being runaway debt, endless deficits, and [...]<p><a href="http://whiskeyandgunpowder.com/time-magazine-blunders-with-bernanke/">Time Magazine Blunders with Bernanke</a> was originally featured on <a href="http://whiskeyandgunpowder.com">Whiskey and Gunpowder</a>. Visit <a href="http://lfb.org/">Laissez Faire Books</a> for the best selection of libertarian book titles.</p>
]]></description>
			<content:encoded><![CDATA[<p>You can usually count on <em>Time</em> magazine to get things backwards, and they missed in a big way with their selection of Ben Bernanke as “Person of the Year” for 2009. Bankster Ben was wrong, wrong, and wrong again in his Federal Reserve policies and prognostications, with the result being runaway debt, endless deficits, and a financial industry scam machine that is rapidly reaching its proper status as laughingstock of the planet. Bernanke was not the first Fed Chairman to get a big boost from <em>Time</em>; Alan Greenspan once graced <em>Time’s</em> cover (flanked by Larry Summers and Robert Rubin) with the three of them touted as “The Committee to Save the World.” Well of course we know where that led; those three contributed to the destruction of the world’s economy. But that’s par for the course. The people writing the news love to predict and make the news. Unfortunately their predictions are almost always wrong. That could be why most mainstream media corporations in this country are now on the verge of bankruptcy. It appears that the same media “experts” who make terrible predictions, aren’t any better at running a business. One thing’s for sure: the dying <em>Time</em> magazine loves its bankers.</p>
<p>But just days ago, the Petersen/Pew Commission on Budget Reform warned in a new report that “over the past year alone, the public debt of the United States rose sharply from 41 to 53 percent of gross domestic product (GDP). Under reasonable assumptions, the debt is projected to grow steadily, reaching 85 percent of GDP by 2018, 100 percent by 2022, and 200 percent by 2038.”</p>
<p>And long before the debt reaches such staggering levels, the commission tells us: “Fears of inflation and a prospective decline in the value of the dollar would cause investors to demand higher interest rates, and shift out of U.S. Treasury securities. The excessive debt would also affect citizens in their everyday lives by harming the American standard of living through slower economic growth and dampening wages, and shrinking the government’s ability to reduce taxes, invest, or provide a safety net.”</p>
<p>All of this financial tragedy is the direct and highly predictable legacy of our Federal Reserve System and their bankster cronies on Wall Street. Ben Bernanke and Alan Greenspan were the men in charge — and these are the very people who failed us every step of the way. Under Fed leadership, the U.S. financial system has buried our hard working middle class under a mountain of debt for the benefit of Goldman Sachs and a handful of “too big to fail” banks. It seems more than a coincidence that virtually every government official in charge of making these decisions, both here in America and around the globe, are former Goldman Sachs executives (and usually partners).</p>
<p>Yet <em>Time</em> magazine singles out Bernanke as the man to be recognized for his good deeds. We’re sure Ben’s supporters would say “Give him more time.” Well we agree. We suggest 15 to 20 years…in prison. A warm spot in a jail cell would be more appropriate for worldwide king of counterfeiters. Every day that the Federal Reserve prints more money, it is robbing the American taxpayer — and future generations — of our wealth, property and financial stability.</p>
<p>On the other hand, one politician has been fighting to protect the American taxpayer for over 30 years…demanding accountability from the Fed…trying to save the American economy from the Bernankes of the world. For more than 30 years Congressman Paul has been looking out for the little guy. For more than 30 years, Congressman Paul has been trying to get Congress to think about our children’s financial future, not just today’s re-election campaign. For more than 30 years, Dr. Paul has been dogging the heels of our runaway Fed and calling them to account for their despicable practices.</p>
<p>Congressman Paul has been sponsoring bills to audit the Fed ever since he first entered Congress in 1976, <strong>and on six occasions Paul has introduced bills that would have ended the Fed entirely</strong>. Standing largely alone, yet seeing clearly into the future, Ron Paul has challenged a rotten to the core Fed over a period of decades, while Congressional colleagues and a mainstream media, asleep at the switch, were busily applauding people like Bernanke and Greenspan as masters of the universe and oracles of the modern world. So who was right all this time . . . and who was wrong? The answer, we’ll tell you, is crystal clear: It wasn’t the Ivy League bankers or Wall Street masters of the universe. It was a country baby doctor named Ron Paul, by a country mile. If Time magazine cared at all about the American taxpayer, its true “Person of the Year” in 2009 would certainly have been Texas Congressman Ron Paul.</p>
<p>When Paul ran for president in 2007 and 2008, he was genuinely surprised to find that his youthful audiences were responding powerfully to his message about ending the Federal Reserve. An audience of college students at the University of Michigan went so far as to burn “Federal Reserve Notes” (otherwise known as dollar bills) as Congressman Paul spoke about the Fed and its counterfeiting. These students figured out what the adults in charge were doing to their financial future — burning it.</p>
<p>By 2009 these students were no longer alone. Everyone, it seems, was catching on, and even our palace courtier “mainstream” economists began to notice that the Federal Reserve was responsible for inflating the housing bubble and otherwise dumping our once great country into the throes of imminent bankruptcy. Even Barack Obama seems to be catching on — speaking just days ago about the imminent financial disaster of the costs of Medicare and Medicaid. Even a big spending, big taxing leftist like Obama agrees that unless we act fast America faces insolvency and bankruptcy due to a tsunami of debt. Unfortunately, Obama’s solution to “government-gone-wild” and government-run healthcare programs bankrupting the country…is bigger government and expanding government-run healthcare to everyone.</p>
<p>Unlike a real doctor like Dr. Paul, President Obama’s prescription will kill the sick patient. Obama believes that if a patient suffers from obesity, diabetes and a mouth full of rotting teeth, the prescription is ice cream for breakfast, lunch, dinner and dessert. Not just any ice cream, but triple orders of Ice Cream Sundaes covered in chocolate syrup for EVERYONE! And it’s all free to eat as much as we want, as many times a day as we’d like. How will we afford it? The Fed will print all the money we need. That may be how a corrupt politician bribes the public to get re-elected, but it’s also the exact economic model of the Roman Empire…or the Greek Empire…or Argentina at the turn of the 20th century…or the Weimar Republic before World War II…or Zimbabwe today. All of those countries and empires ended badly. Unfortunately America is on the same path to economic ruin.</p>
<p>More and more “respectable” voices are picking up Ron Paul’s “End the Fed” mantra every day, and you ain’t seen nothing yet. The truth is that our criminal Fed is already a dead man walking, and Ron Paul, more than any other single American, killed it. What an achievement for a lonely Congressman, armed with nothing more than common-sense, courage and honor. Perhaps Don Quixote isn’t so helpless or hapless after all. Perhaps one lonely man tilting at windmills is exactly what is necessary to save our great country (and economy).</p>
<p>Ron Paul introduced two bills in the House during 2009, which will one day finish the job and end the Fed’s misery (and ours) forever. House Resolution 1207 generated more than 317 co-sponsors reflecting widespread bipartisan support for a Fed audit which would go far beyond the narrowly defined scope of Government Accountability Office reviews presently allowed. Specifically, H.R. 1207 would allow auditors to report on Fed dealings with foreign banks and nations, actions on monetary policy matters, and operations of the Federal Open Market Committee. For the first time, the Fed in 2009 faced a very real prospect that the American people will find out what it’s been up to, and while the bill has been temporarily stifled by bankster cronies and Goldman Sachs alumni, there can be no doubt that a line in the sand has finally been drawn.</p>
<p>Dr. Paul’s second bill, the “Free Competition in Currency Act of 2009” is even more far-reaching than H.R. 1207. Dr. Paul’s new bill proposes that the money monopoly of the banksters be ended forever and competing currencies be established to bring financial sanity back to the marketplace. America became the greatest nation in world history because of our economic freedom. Free markets worked. [They still do.–ed.] Here Congressman Paul is proposing free markets in money! It’s not a radical idea at all, and ending the money monopoly is an idea whose time has come. The “Free Competition in Currency Act of 2009” stands as the starting point for a new era of financial freedom and prosperity for America. A big thank you, Ron Paul — you’re far and away our “Person of the Year.”</p>
<p>Yes, the Fed needs to be ended. Until that happens, there are many other important steps that can be taken to restore fiscal sanity and encourage economic recovery for this great country. Let’s start with limiting the power of government; dramatically reducing government spending; cutting, instead of expanding entitlements; drastically cutting taxes, so that the people who earn the money get to keep more of it and will be encouraged to invest it in homes, stocks and opening small businesses (thereby creating jobs); restore the gold standard, so we limit the money that politicians can spend and waste; and perhaps most importantly, holding the politicians and bankers who caused this mess accountable. Let’s start limiting the politicians to two terms: one term in office…and one term in prison. Then we can start to put America back on track, and Americans back to work.</p>
<p>Regards,<br />
Wayne Allyn Root<br />
Rick Williams</p>
<p>January 7, 2010</p>
<p><em>Wayne Allyn Root is a small businessman, home-school father, and citizen politician. He was the 2008 Libertarian Party Vice Presidential candidate, and is a frequent guest on FOX News, FOX Business, CNBC and media across the country. His newest book is, <a href="http://www.amazon.com/gp/product/047045265X?ie=UTF8&amp;tag=whiskegunpow-20&amp;linkCode=xm2&amp;camp=1789&amp;creativeASIN=047045265X" target="_blank">“The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling &amp; Tax Cuts.”</a> Wayne’s web site is <a href="http://www.rootforamerica.com/" target="_blank">RootForAmerica.com</a>.</em></p>
<p><em>Rick Williams is a lawyer in Los Angeles, and is Chairman/CEO of Basic Media, Inc. and <a href="http://www.breakthematrix.com/" target="_blank">BreakTheMatrix.com</a>.</em></p>
<p><a href="http://whiskeyandgunpowder.com/time-magazine-blunders-with-bernanke/">Time Magazine Blunders with Bernanke</a> was originally featured on <a href="http://whiskeyandgunpowder.com">Whiskey and Gunpowder</a>. Visit <a href="http://lfb.org/">Laissez Faire Books</a> for the best selection of libertarian book titles.</p>
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		<title>Reverse Racism and the Big Obama Con Job</title>
		<link>http://whiskeyandgunpowder.com/reverse-racism-and-the-big-obama-con-job/</link>
		<comments>http://whiskeyandgunpowder.com/reverse-racism-and-the-big-obama-con-job/#comments</comments>
		<pubDate>Tue, 01 Dec 2009 16:31:57 +0000</pubDate>
		<dc:creator>Wayne Allyn Root</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Macro Economics]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[minority]]></category>
		<category><![CDATA[reverse racism]]></category>
		<category><![CDATA[small business]]></category>

		<guid isPermaLink="false">http://whiskeyandgunpowder.com/?p=5880</guid>
		<description><![CDATA[Did you see the announcement of a week ago that Goldman Sachs is giving a half billion dollars to small businesses. Or are they? Why are they suddenly concerned with small business? They’ve certainly never cared about small business before. In the history of Goldman Sachs, what have they ever given to small business? The [...]<p><a href="http://whiskeyandgunpowder.com/reverse-racism-and-the-big-obama-con-job/">Reverse Racism and the Big Obama Con Job</a> was originally featured on <a href="http://whiskeyandgunpowder.com">Whiskey and Gunpowder</a>. Visit <a href="http://lfb.org/">Laissez Faire Books</a> for the best selection of libertarian book titles.</p>
]]></description>
			<content:encoded><![CDATA[<p>Did you see the announcement of a week ago that Goldman Sachs is giving a half billion dollars to small businesses. Or are they? Why are they suddenly concerned with small business? They’ve certainly never cared about small business before. In the history of Goldman Sachs, what have they ever given to small business? The answer of course is nothing. Why the sudden interest? Could it be because Goldman Sachs has found out that it pays to play ball with President Obama? Could it be because if you do favors for Obama and his friends, you wind up with big bailouts, giant stimulus funds, government contracts…or perhaps avoid prosecution for any alleged crimes or fraud committed in the sub-prime mortgage scandal?</p>
<p>In any case, Goldman Sachs’ announcement was certainly less than honest in its wording. If you read the headline you’d think that Goldman is a hero to America’s small businesses. But the reality (beneath the headline) is that Goldman Sachs is only concerned with one tiny segment of small business —  <span style="text-decoration: underline"><strong>MINORITY-OWNED SMALL BUSINESSES</strong></span>. More specifically — minority businesses located in minority neighborhoods. Even more specifically, Goldman’s loans to minority businesses located in minority neighborhoods will only be disbursed through “community organizations.” Organizations that I’m willing to bet are run by contributors to Obama’s campaigns. Just a guess on my part. Anyone wanna bet?</p>
<p>Interesting timing. Was Goldman forced to play the “race card” by Obama? Was Goldman intimidated by the threat of possible legal prosecution by the SEC or Obama’s Justice Department? Will a half billion dollar (legal) payoff to FOO (Friends of Obama) make the whole mess go away? Even better, will more government contracts, loans and stimulus now head Goldman’s way? Will a measly half billion-dollar loan now result in billions in government largess thrown towards Goldman Sachs? Is this how deals are cut in D.C?</p>
<p>How did I break this code? How did I figure out what the media hasn’t dared mention that the entire half billion dollars is headed to minority-only businesses. Do you speak in “legal-ese?” That’s the language designed by lawyers to fool taxpayers and ordinary citizens. I’m sure Goldman’s Wall Street lawyers and Obama’s government lawyers collaborated for days until they got the wording so confusing that no one would notice the racism in this deal.</p>
<p>If you don’t speak in “legal-ese,” you probably missed the bleeding heart liberal code words in this announcement by Goldman Sachs. They didn’t bother to announce that the half billion dollars was for minority loans only. They said, “Goldman will spend $200 million on education and training programs, while funneling $300 million to so-called community-development financial institutions, which largely serve historically disadvantaged communities that have had trouble accessing capital.” Then they added in the announcement that the loans would be only for businesses in “underserved areas.”</p>
<p>Notice the code words used by liberals and lawyers (I know, I repeat myself) to cover up reverse racism — “historically disadvantaged communities,” “underserved areas,” “community-development financial institutions.” By the way — what the heck is a “community-development financial institution?” Isn’t a financial institution, just a financial institution? Well obviously not in Obama’s race-charged world. Some institutions are better than others…more deserving than others…more “fair” than others in Obama’s world. As long as they descriminate in favor of his politically-correct friends or approved race.</p>
<p>Obviously Goldman Sachs has chosen to become part of Obama’s world. Perhaps we shouldn’t be too harsh towards Goldman — the intimidation by Obama’s lawyers and prosecutors may have been severe enough to make any CEO tremble and buckle. Obama and Rahm Emanuel play by “Chicago rules.” Refuse to play nice with Obama and face prosecution — along with billions in losses, fines and legal fees. Play nice, the case goes away, and billions in government stimulus funds just happens to find its way to you. If you or I conducted business like that, the government would label us “organized crime,” charge us with extortion, and send us to jail for life. But that’s how you play ball in Washington — when the government makes the threats, it’s all legal, and they get to use taxpayers’ money for the payoff. Amazing.</p>
<p>Back to the liberal code words. “Disadvantaged,” “underserved” and “community-development” are all code words in Obama’s community activist world for “minorities only need apply for government money.” It kind of reminds you of “Whites Only” signs outside playgrounds or water fountains in the 1950’s. Or job openings for “whites only.” Or schools segregated for “whites only.” Or neighborhoods for “whites only.” Or how about this oldie: “Blacks ride in the back of the bus.” Do these descriptions sound ugly? Well they are ugly. They represent one of the most embarrassing and disgraceful eras in American history.They were disgusting, biased and racist then. And they still are today — except the roles have changed.</p>
<p>My mother used to say that “two wrongs don’t make a right.” Well racism that favors minorities and discriminates against whites, is no better than the other way around. And when this bias is perpetrated by government (or a Wall Street firm acting under pressure from government), it’s even more disgraceful. You mean in this terrible recession only minority-owned small businesses deserve Obama’s attention? You mean a business owned by whites doesn’t deserve the same help from government as a business owned by someone of color? I call that idea repugnant and the very definition of racism.</p>
<p>Obama campaigned as a man who would end racism. He made it clear that race should no longer matter. But the opposite is true — under President Obama it matters more than ever. Under President Obama it’s fine to help people based on the color of their skin — as long as he chooses the color. It’s back of the bus time again — only this time it’s millions of small business owners who happened to be born white that get to ride in the back. Obama is telling small business owners who don’t happen to have the right color skin to pound sand.</p>
<p>We are not in a recession. We are in a depression. Only small business can lead us out of this mess. Jobs come from small business, not Obama’s friends in big government, big unions, or big business. That’s a economic fact. Yet Obama’s policies do nothing but punish small business with higher taxes, bigger penalties, more onerous rules and regulations. Small businesses continue to go out of business at a record pace. The expiration of the Bush income tax cuts will result in the biggest tax increase in history on small business. Add on universal healthcare taxes, cap and trade taxes, medicare tax increases for the wealthy, health surcharges for the wealthy, a raise in the FICA cap, a VAT tax, a raise in capital gains taxes, and the latest proposed tax — an Afghanistan war tax on the wealthy. It all adds up to Socialism…and a CATASTROPHE for small business owners.</p>
<p>Yet Obama’s only bone thrown to small business is encouraging (i.e. intimidating) Goldman Sachs to give away $500 million to small businesses owned only by minorities, serving only minority neighborhoods, and with money doled out only by Obama’s friends (and campaign contributors) at community activist organizations like ACORN. According to Obama, the rest of us just don’t count. Get used to the new reality of America under Obama — where everything is based on race and the redistribution of income from one out-of-favor group (business owners) to a favored group (those who voted and contributed to Obama). In my book that’s called racism. For President Obama, two wrongs obviously do make a right.</p>
<p>Regards,<br />
Wayne Allyn Root</p>
<p>December 1, 2009</p>
<p><a href="http://whiskeyandgunpowder.com/reverse-racism-and-the-big-obama-con-job/">Reverse Racism and the Big Obama Con Job</a> was originally featured on <a href="http://whiskeyandgunpowder.com">Whiskey and Gunpowder</a>. Visit <a href="http://lfb.org/">Laissez Faire Books</a> for the best selection of libertarian book titles.</p>
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		<title>The Damage We Can Expect from Obama&#8217;s Rush to Universal Healthcare</title>
		<link>http://whiskeyandgunpowder.com/the-damage-we-can-expect-from-obamas-rush-to-universal-healthcare/</link>
		<comments>http://whiskeyandgunpowder.com/the-damage-we-can-expect-from-obamas-rush-to-universal-healthcare/#comments</comments>
		<pubDate>Mon, 23 Nov 2009 20:10:16 +0000</pubDate>
		<dc:creator>Wayne Allyn Root</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Macro Economics]]></category>
		<category><![CDATA[Personal Liberties]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[healthcare]]></category>
		<category><![CDATA[Obama]]></category>

		<guid isPermaLink="false">http://whiskeyandgunpowder.com/?p=5845</guid>
		<description><![CDATA[I&#8217;ll keep this short and simple. Our soldiers are dying in Afghanistan every day. Yet, Obama appears in no hurry to decide how best to support and protect them. To the contrary, Obama stalls and procrastinates claiming he&#8217;d rather do it right, than fast. Meanwhile our sons and daughters die…and the morale of troops disintegrates. [...]<p><a href="http://whiskeyandgunpowder.com/the-damage-we-can-expect-from-obamas-rush-to-universal-healthcare/">The Damage We Can Expect from Obama&#8217;s Rush to Universal Healthcare</a> was originally featured on <a href="http://whiskeyandgunpowder.com">Whiskey and Gunpowder</a>. Visit <a href="http://lfb.org/">Laissez Faire Books</a> for the best selection of libertarian book titles.</p>
]]></description>
			<content:encoded><![CDATA[<p>I&#8217;ll keep this short and simple. Our soldiers are dying in Afghanistan every day. Yet, Obama appears in no hurry to decide how best to support and protect them. To the contrary, Obama stalls and procrastinates claiming he&#8217;d rather do it right, than fast. Meanwhile our sons and daughters die…and the morale of troops disintegrates.</p>
<p>Yet, when it comes to reforming healthcare <span style="text-decoration: underline"><strong>OBAMA DEMANDS WE RUSH</strong></span>. Instead of doing it right, he demands we do it fast. Even if it means an incompetent, bumbling, hapless, and corrupt federal government might take over 17% of the U.S. economy. Even though government-run Medicare and Medicaid already threaten to bankrupt America with waste, incompetence, theft and corruption. Even though the federal government has never before run anything successfully, efficiently and profitably. What kind of madman would rush this decision on adding trillions in new spending on a risky unproven scheme in the midst of the worst depression since 1929 (and in my opinion it is getting worse)? If there was ever a decision needed to be made right, rather than fast, this is it.</p>
<p>So why the rush? Obama knows anyone with common sense that has time to think about this plan (let alone read the actual bill), would never support it. Certainly not now in the midst of economic Armageddon. That is why Obama, Pelosi, and Reid are demanding Congressmen and Senators vote on it before they read it&#8230;and before we (the voters) hear about the details &#8211; the massive new taxes, the onerous new mandates, the rationing, the criminal penalties, he dramatic expansion of Big Brother in our lives.</p>
<p>The vote must happen before the average distracted American voter realizes they will be forced to buy health insurance or be fined $15,000 or sent to prison; before Americans realize 50 million patients will be added to an already overloaded, overburdened healthcare system &#8211; while adding no new doctors, or worse yet, causing tens of thousands of doctors to retire rather than work for lower wages, higher taxes, and heavier workloads; before anyone realizes that you don&#8217;t save money by spending an extra trillion dollars; before anyone realizes that government “experts” have always far underestimated the cost of every new proposed government program &#8211; in order to sell it- often by 10 times or more.</p>
<p>Do you need to know anymore about the reason Obama is rushing this pig of a bill through Congress? But there is more. Obama is afraid that Americans will realize the Senators and Congressmen, who are being threatened and bribed to vote for universal healthcare, know it is so bad that they themselves REFUSE to live by it. They have their own healthcare plan &#8211; no rationing or higher taxes (or both) for them.</p>
<p>Obama must rush the vote before anyone realizes he will not dare tax the top-of-the-line private health plans that could actually pay for this big government boondoggle &#8211; because those plans belong to the union members that supported Obama for President. Obama is owned lock, stock and barrel by the government employee unions, teachers unions, and auto unions.</p>
<p>And finally, Obama wants to rush through universal healthcare before anyone realizes that the taxes and surcharges to pay for it will cost millions of jobs and huge tax increases on EVERYONE!</p>
<p>The definition of a Ponzi scheme is to steal from one group of suckers to pay another. Eventually all Ponzi schemes fail &#8211; when you run out of suckers. In this case, the suckers are American taxpayers. Obama says only the rich will pay &#8211; don&#8217;t believe it. A program this big and corrupt will hit everyone, regardless of income in their pocketbook. The rich will certainly be hit. Some will retire; some will move offshore; some will go underground; some will cut back on hours because the reward is no longer worth the risk; and many will go out of business under the new burdens. Obama will learn that you <span style="text-decoration: underline">CAN</span> kill the goose that laid the golden egg.</p>
<p>The damage done to the rich will reverberate in deadly fashion to the middle class. First, jobs will be lost by the millions. Yes, millions MORE jobs than we&#8217;ve already lost. As my father used to say, &#8220;I&#8217;d love to hate the rich, but I&#8217;ve never gotten a job from a poor person.&#8221; And, when the tax revenues necessary to fund universal government-run healthcare fail to appear (because the rich have gone out of business, or refuse to work), Obama will turn to the middle class to pay the bill. It may take 5 years of massive, unimaginable budget deficits, but soon enough the middle class will be asked to pay dearly.</p>
<p>Disaster looms. Don&#8217;t say you weren&#8217;t warned. The only bright lining is that the end of Obama and Pelosi&#8217;s reign looms too. From now on, let&#8217;s call a vote for universal healthcare “Nancy Pelosi&#8217;s Congressional Death Panels.” Political suicide awaits the Democrats foolish and arrogant enough to pass this bill.</p>
<p>So, now you can clearly see why Obama can wait with a decision regarding Afghanistan (while our sons and daughters are fighting and dying), but he has no choice but to rush a vote on universal health care. Many of you may think it&#8217;s because Obama and his minions are inept. Well, they may be, but they are also disastrously devious and know the way to get “the worst bill in the history of America” passed is by rush, rush, rush, and what better time than when Americans are distracted by the Christmas holidays.</p>
<p>Regards,<br />
Wayne Allyn Root</p>
<p>November 23, 2009</p>
<p><a href="http://whiskeyandgunpowder.com/the-damage-we-can-expect-from-obamas-rush-to-universal-healthcare/">The Damage We Can Expect from Obama&#8217;s Rush to Universal Healthcare</a> was originally featured on <a href="http://whiskeyandgunpowder.com">Whiskey and Gunpowder</a>. Visit <a href="http://lfb.org/">Laissez Faire Books</a> for the best selection of libertarian book titles.</p>
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