Portugal Confiscates Private Pension Funds – Can It Happen in the United States?

Portugal has confiscated $7.5 billion of private pension funds (November 2, 2011) as a last ditch effort to meet deficit targets. This is the European model for introducing “austerity” programs: steal the wealth from the producers. This is not the first time that this type of governmental theft has occurred as Neil Boortz outlined last year. I bolded the last paragraph where he warns us of the Obama administration’s study to do the same here:

SEIZING PENSION PLANS

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The Government Is Now Coming “For the People”

A glimpse of the future has played out in Houston but the ramifications should not be overlooked. As written in an earlier article, two pastors were arrested for warning people about the evils of homosexuality. There were other sins outlined on their sign but this Biblical warning against homosexuality is found in both the old and new testaments was the source of their arrest.

A homosexual judge took exception to their message and four police officers arrested the pastors. The pastors were release for insufficient evidence but what lessons do we need to learn from this abuse of power?

1. The first officer stated in the video that they were doing nothing wrong legally. But they were still arrested.

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SOMEONE’S GONNA PAY FOR ME & MY KIDS!!!

httpv://www.youtube.com/watch?v=bavou_SEj1E

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On the Subject of Redistribution …

David posted an article this morning: “The Impotent GOP Response to the IMF Redistribution of America’s Wealth”.

By coincidence I was reading on the same subject this morning … the redistribution part.

My source was not contemporary news, but rather a critique of unconstitutional behavior of the Supreme Court and US government … written in 1820.

The following excerpts are from “Construction Construed, and Constitutions Vindicated”, Section 12, by John Taylor:

The points presenting themselves … are, first, whether either the federal or state governments possess a right to distribute wealth and poverty, gain and loss between occupations and individuals. Secondly, whether the federal government possess this right. And thirdly, supposing both or either to possess such a right, whether it is wise, or honest, or beneficial to the United States, to exercise it.

Man, by nature, had two rights; to his conscience, and to his labour; and it was the design of civil society, to secure these rights. In the case of religious freedom, we have seen one right; in that of the freedom of property, our vision is not so clear; yet both, as natural rights, stand on the same foundation. Continue reading

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The Impotent GOP Response to the IMF Redistribution of America’s Wealth – Updated 12/4/11

Update 12/4/11
The Latest Rumor: Fed To Fund IMF, Bypassing Congressional Refusal Of European Bailout

The following article from the Hill outlines an attempt by “conservatives” to prevent a bailout of the European Union by the IMF. The United States would be responsible for 17.71% of this bailout under old rules. The new rules by the IMF increase this fivefold now and tenfold in the future.

Two points:

1. The European Union will collapse no matter how much money is put into this black hole. See Tom Coburn’s remarks below.

2. The “conservatives” need to understand that the Federal Reserve is the IMF and that they have no power over this EU bailout. If the people of the United States understood what is happening with our nation’s wealth, we would have already had our second revolution.

David DeGerolamo

Related Article:

How the Precautionary and Liquidity Line Will Collapse the United States

Conservatives craft bill to prevent IMF bailout of crumbling eurozone

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Street preachers harassed and handcuffed by Houston police officers

The future of Amerika: free speech and freedom 0f religion are gone. How many LEOs will follow the Constitution and how many will follow illegal or evil orders? This example violated two basic freedoms guaranteed by the first amendment at once.

David DeGerolamo

httpv://www.youtube.com/watch?v=XkDkPwET5dk

Make sure to listen to the end of the video when the police officer admits to trying to take the signs away in order to get us to leave the corner. Continue reading

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NC Illegal Alien Crime Report – November

NCFIRE

North Carolinians For Immigration Reform Enforcement
Secure Our Border-Enforce Our Laws
www.NCFIRE.info

The North Carolina Illegal Alien Crime Reporthas been updated for the month. It is 59 Word doc. pages long! Keep in mind, this is not all the crimes by suspected illegal aliens in NC, it is only the ones that 2 people could post in one month’s time. It would take a full staff working non-stop to post all of the crimes being committed; that’s how bad it is getting here. (If you don’t believe it, simply review the nearly 3 years worth of past crime reports on our website: www.NCFIRE.info)

The latest monthly report can be viewed online here or downloaded here.

Every month the list just gets longer. The states surrounding NC are strictly enforcing their immigration laws. Their actions are driving the illegal alien population here since we continue our laxenforcement and acceptance of “sanctuary city” policies by numerous municipalities. This trend will only get worse and shows a complete disregard for our State laws, and a disrespect for our citizens, by illegal aliens in NC.

NCFIRE calls upon our Legislators in Raleigh, to enact “Arizona” type immigration laws as soon as possible. We must get ahead of this problem before any more of our citizens fall victim to the illegal alien crime wave that is sweeping our state.

James Johnson
President-NCFIRE
North Carolinians For Immigration Reform and Enforcement
www.NCFIRE.info
www.Facebook.com/NCFIRE

910-286-3022

Hotline– 1-888-885-0879

Asheville area immigration raid one of the largest

http://www.citizen-times.com/article/20111201/NEWS01/311300072/Workers-taken-Asheville-immigration-raid?odyssey=tab|topnews|text|Frontpage

ASHEVILLE — Twelve Buncombe County restaurant workers were detained in one of the largest immigration raids in the mountains, according to a local immigrant’s rights group.

Agents with Immigration and Customs Enforcement went into the Shogun Buffet Hibachi Grill & Sushi restaurant at 1000 Brevard Road Tuesday, said Ada Volkmer with Defensa Comunitaria.

“ICE went in around 10 a.m. before the restaurant opened and arrested the employees,” she said.

Volker said the agents detained eight people from Latin American countries and four Asian immigrants ranging in age from 23 to about 40. Some of the immigrants were from Mexico and El Salvador, she said. She didn’t know from which Asian country the four immigrants came.

ICE southeastern spokesman Vincent Picard confirmed that agents went to the restaurant but refused to comment on any detentions.

“U.S. Immigration and Customs Enforcement’s Homeland Security Investigations agents investigating suspected violations of U.S. employment laws visited the Shogun Buffet restaurant in Asheville (Tuesday). Due to the ongoing nature of this investigation, no further information is available at this time,” he said in an emailed statement.

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Occupy Asheville: Free Speech or Rule by Decree?

It appears that Occupy Asheville is suffering from the same egocentric policies that crippled the Tea Party movement. I notice that no details about specific statements were given that would have resulted in her ouster by “consensus”. At least Occupy Asheville operates in the same manner as the mainstream media: people are not given an opportunity to defend themselves against public charges.

As the picture above shows: Occupy Asheville will no longer remain silent but they will make sure that individual thought is silenced. Welcome comrade to the new Amerika.

David DeGerolamo

Occupy Asheville: Attorney Jennifer Foster no longer one of us

ASHEVILLE — Occupy Asheville participants are distancing themselves from a local attorney once affiliated with the group who’s waging a legal battle over a contempt of court charge.

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Andrew Breitbart At UNC Chapel Hill on December 5th

Andrew Breitbart

by mseelinger in FeaturedNews & Events

Date: December 5th at 6:30PM in Manning 209. Reception to be held at 6pm in Saunders

Title: Hollywood, the Media, and the Obama Administration: How the Elites are Stealing Your Freedoms

Andrew Breitbart is publisher of the news portals Breitbart.com and Breitbart.tv.

In January 2009, he launched Big Hollywood, a group blog off ofBreitbart.com on Hollywood and politics from the center/right perspective. He gained greater notoriety when his second blog endeavor, Big Government, broke the ACORN child sex trafficking scandal. Breitbart launched Big Journalism in January of 2010 and his newest blog, Big Peace, launched July 4th of that year.

Andrew co-wrote the best-selling attack on celebrity culture,Hollywood, Interrupted, and was the primary developer of The Huffington Post. His new book,Righteous Indignation: Excuse Me While I Save the World!, is in stores now.

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Priceless Comment From Occupy Raleigh

The following comment praising Russia Today comes from the Occupy Raleigh website:

http://forum.occupyraleigh.net/index.php/topic,845.60.html

You can’t make this up.

David DeGerolamo

Re: Senate: Legislation That Allows U.S. Military To Detain Americans Without Charge
« Reply #70 on: Today at 03:54:37 pm »
0

Russia Today has been fantastic lately as well. rt.com 

Yes they are a little more neutral that Pravda LOL http://english.pravda.ru/

Overall I wouldn’t count Russia out yet.. I think the Russian Bear is coming back with claws out

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Fed Action Explained

America’s central bank, the Federal Reserve (Fed), in coordination with five other global central banks (Bank of Canada, Bank of England, Bank of Japan, European Central Bank, Swiss National Bank), surprised financial market participants with a surprise change to an already existing program related to US dollar swap lines (yes, swap: exchange one for the other).

This wasn’t an announcement of a new liquidity program, this wasn’’t printing of new money. This was simply a lowering of the price (interest rate) required to access an already existing US dollar liquidity program (US dollars swaps).

The countries that make up the European Union and use the Euro currency have serious sovereign debt problems: yearly deficits and massive national debt, in most cases more than 100% of their GDP. While the European Union shares a common currency and monetary policy, they do not share a common fiscal policy run by a federal government. It is on the fiscal side, the political side, where the real problems lie. Elected officials have spent more than 18 months failing to properly address the fiscal challenges they face and the resulting negative impact on European banks.

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Stop Indefinite Detention of U.S. Citizens Without Due Process

NOTE FROM STEWART RHODES: Below is an urgent alert from the John Birch society regarding Senate Bill 1867, the Defense Authorization Act of 2012, which will give clear congressional support and authorization for indefinite military detention and military trial of American citizens. If passed, this will amount to a declaration of war against the American people, authorizing the Obama Administration and all future administrations to treat Americans the same as citizens of occupied Iraq orAfghanistan, subjecting us all to military jurisdiction and the jurisdiction of the international laws of war, rather than our Bill of Rights and our domestic criminal laws, upon the mere say so of Obama or one of his minions.

There is a great deal of confusion about this bill, with some incorrectly interpreting it as not affecting American citizens. There is also confusion about the very dangerous legal precedents that this bill seeks to codify and bolster.

I am writing an in-depth article where I will do my best to clarify both what this bill does, how all three branches of the federal government have worked to impose the international laws of war on the American people, and just how close we are to losing our Bill of Rights forever. I will send that article out shortly, but please act now to put some serious pressure on your Senators to stop the detention provisions in S. 1867.

We are now very nearly at the point where all that will save liberty in America is another American Revolution. This bill, if it becomes law, will shove us across that line, placing us in almost exactly the same position our forefathers were in when they were forced to take up arms in defense of their liberty in 1775. If you wish to avoid that, you must stop this bill from becoming law, right now.

Stewart Rhodes, Founder of Oath Keepers

Stop Indefinite Detention of U.S. Citizens Without Due Process

Immediate action required!

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Mayor Bloomberg: ‘I Have My Own Army’

Frogs and snails
And puppy-dogs’ tails
That’s what little boys are made of.

The political elite … ‘little boys’ … pure self-centered arrogance …

Here’s the quote from Mayor Bloombergs’ speech at MIT:

“I have my own army in the NYPD, which is the seventh biggest army in the world. I have my own State Department, much to Foggy Bottom’s annoyance. We have the United Nations in New York, and so we have an entree into the diplomatic world that Washington does not have,”

Read the story in PolitikerNY

Best commentary I’ve found:

The Political Class, every single one of them, is an Enemy of Liberty.

There is no statute of limitations.

Kerodin
III

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I Guess I Am Now a Terrorist

httpv://www.youtube.com/watch?v=X2N1z9zJ20k

The dismantling of the Constitution of the united States started under Abraham Lincoln is coming to its full fruition. Today’s definition of a terrorist by the government is yesterday’s definition of a patriot. Standing up for your country and principles will mean standing against the government that has usurped our freedom guaranteed by the Constitution and outlined under the Declaration of Independence.

Is anyone else as surprised as me that Eric Holder is still the Attorney General of the United States after overseeing the murder of over 200 Mexican nationals in another BATFE failed effort to increase their budget and override the 2nd amendment? Is anyone else as surprised as me to have a science czar who advocates a worldwide population target of 500 million people? Gov. Christie has asked a valid question of our president: what are we paying you for? Well the same could be said for Congress and the Supreme Court. Has the Republican led House of Representatives done anything since January 2011? The next debt ceiling limit will be reached in two weeks and they gave the president the authority to increase it by executive order.

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The Fall and Rise of the NYSE

Today’s gain on Wall Street was nothing short of amazing. Let’s consider the following facts from the close of the market on Tuesday at 4:00 PM through the opening of the markets today.

1. S&P issues a report on 37 banks after the closing bell:

Europe Factors-Shares to snap rally as S&P downgrades banks

European shares are set to snap a three-session winning streak on Wednesday, with financial stocks seen coming under pressure following Standard & Poor’s overnight move to cut its credit ratings on several big European and U.S. banks.

Barclays, HSBC, UBS, JPMorgan Chase & Co , Citigroup, Goldman Sachs and Morgan Stanley were among the banks that had their ratings reduced by one notch each as the result of a sweeping overhaul of S&P’s ratings criteria. The move could increase
funding costs for some banks. “Yesterday’s downgrades by S&P on a number of banks in both Europe and the U.S. has rocked sentiment in equity markets,” Terry Pratt, trader at IG Markets, said. “This move has essentially overshadowed the progress that had been made in Brussels with regard to leveraging the EFSF bailout fund.” Euro zone finance ministers met in Brussels on Tuesday to agree on leveraging their bailout fund so it can help Italy or Spain should they need aid. The ministers, who may turn to the International Monetary Fund for more help, also agreed to release the next aid payments to Greece and Ireland.

More…

2. Based on this report, the NYSE Dow futures drops 137 points.

3. Regulators panic and institute special powers to suspend trading: Continue reading

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