FREEDOM & LIBERTY is for EVERYONE!!!. . . . .

Folks from all over the world have accessed this site. The desire to be free of the shackles of fascism, socialism, communism and progressivism are universal. Folks just want to live their lives and be left alone... Dammit!

"People don't like to be meddled with. We tell them what to do, what to think. Don't run. Don't walk. We're in their homes, and in their heads, and we haven't the right. We're meddlesome." River Tam referring to the government.

Not Politically Correct. . .

"Be not intimidated...
nor suffer yourselves to be wheedled out of your liberties by any pretense of politeness, delicacy, or decency.
These, as they are often used, are but three different names for hypocrisy, chicanery and cowardice."
- John Adams

Abraham Lincoln

To quote Jack Donovan’s Violence is Golden: ‘Without action, words are just words. Without violence, laws are just words. Violence isn’t the only answer, but it is the final answer.’

In a world gone mad we are the villains. We wield the truth and the light. In the end we will only be answerable to ourselves and our God. If we win then we inherit the earth, if we lose we get to Heaven.

Saturday, February 20, 2010

Maybe this explains the incredible lending rate jump. . . .

Panic at the Fed! 

The first increase in the discount rate (money the fed lends to banks) since early 2006.


Why with unemployment hovering at 20%, Home prices still spiraling down, and home equity evaporating faster than then the sweat it took to build that equity in the first place.   The economy is on life support  and the truth of it is that a hike in the interest rate is the kiss of death.   

Did the Fed just go Kevorkian  on the country?  You won't hear this from Main Stream Media, nope not a chance.   

Ten days hence,  US Treasury tried to auction off $25 billion bucks in ten year notes and $16 billion in 30 year bonds.   What happened?   The usual suspects,  foreign governments and investors,  slapped 'em down.  Bought 35% LESS long term notes than normal and prices went down like the Titanic.  

They basically said,  get your house in order or else.    STOP spending like it rains money,  STOP printing money like it's Charmin and for God's sake  STOP borrowing like you can pay it back with the Monopoly money your printing up now.   

 That is why Bernanke raised the rate.   The Fed is in an ass and elbows panic and the world sees this as a duck and run maneuver by the US Government.   I full view of the Great Depression II.

Can you say inflation??? 

We'll be watching this one for sure. 

Thanks to: Martin D. Weiss from which I have paraphrase much of this. 

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