Thursday, October 20, 2011

Thursday 10-20-11

The sad part is i think think they are trying to find a new scape goat, it looks like Hillary was nominated. They go from trying to supress the story, to blaming it on the republicans and now with the heat starting to get on the president, they are going to pull an Oliver North and hillary will fall on the sword. (sorry to Oliver North for the comparision)

Breaking: new evidence shows Hillary a mastermind behind Gunwalker

Last week it was reported that the State Department and Secretary of State Hillary Clinton were deeply involved in the scandal known as Operation Fast and Furious, or Project Gunwalker. Today, however, new evidence has surfaced indicating that not only was Hillary deeply involved in the scandal but was one of the masterminds behind it.

According to investigative citizen journalist Mike Vanderboegh, sources close to the development of the Gunwalker scheme state that early on, Hillary and her trusted associated at State, Andrew J. Shapiro, devised at least part of the framework of what would later become Operation Fast and Furious. It was Shapiro who first described the details of the proposed scheme early in 2009 just after the Obama Administration took office.

Vanderboegh relates the following:

My sources say that as Hillary's trusted subordinate, it was Shapiro who first described to the Secretary of State the details of what has become the Gunwalker Scandal.

The precise extent to which Hillary Clinton's knowledge of, and responsibility for, the Gunwalker Plot, lies within the memories of these two men, Shapiro and Steinberg, sources say.

The sources also express dismay that the Issa committee is apparently restricting itself to the Department of Justice and not venturing further afield. The House Foreign Affairs Committee, they say, needs to summon these two men and their subordinates -- especially at the Mexico Desk at State -- and question them under oath as to what Hillary Clinton knew about the origins of the Gunwalker Scandal and when she knew it.

There is one other thing those sources agree upon. The CIA, they say, knows "everything" about the "Mexican hat dance" that became the Gunwalker Scandal.

The 'Steinberg' mentioned in the quote above is Hillary Clinton's former Deputy Secretary of State, who was appointed directly by Barack Obama and was considered from the start to be an 'Obama man' whose objective was to carry out the wishes of the President in the State Department.

Hillary had said of Steinberg,

Clinton said Steinberg had been a “fixture” at meetings with the National Security Council (NSC) and frequently represented the US State Department at the White House.

That statement is key. Hillary herself stayed out of all meetings dealing with strategy concerning the euphemism the Administration used to designate Gunwalker, 'strategy meetings on Mexico and the problem of drug and gun trafficking.' Hillary's absence would give the impression that she had no connection to the scheme while making sure that her views were represented by Steinberg and Shapiro, both of whom were fully complicit with the details that developed concerning how to pad statistics on U.S. guns in Mexico.

According to sources, Hillary was obsessed with gun statistics that would prove that '90% of the firearms used by Mexican criminals come from the United States.' As previouly reported, that meme, repeated incessantly by Democratic Senators, Barack Obama, certan members of the ATF, Janet Napolitano, and Hillary Clinton was patently and blatantly false. The fact that they all knew it was false is borne out by the lengths to which each of the above named co-conspirators went to attempt to 'prove' that the 90% figure was true.

Again, Vanderboegh relates the following:

My sources say that this battle of the "statistics" was taken very seriously by all players -- the White House, State and Justice. Yet, WHY was this game of statistics so important to the players? If some weapons from the American civilian market were making it to Mexico into the hand of drug gang killers that was bad enough. What was the importance of insisting that it was 90 percent, 80 percent, or finally 70 percent? Would such statistics make any difference to the law enforcement tactics necessary to curtail them? No.

This statistics mania is similar to the focus on "body counts" in Vietnam. Yet if Vietnam body counts were supposed to be a measure of how we were winning that war, the focus on the 90 percent meme was certainly not designed to be a measure of how we were winning the war against arming the cartels, but rather by what overwhelming standard we were LOSING. Why?

Recall what the whistleblower ATF agents told us right after this scandal broke in the wake of the death of Brian Terry: "ATF source confirms ‘walking’ guns to Mexico to ‘pad’ statistics."

Thus, from the beginning the scheme was to pad statistics on U.S. guns in Mexico in order to be in a strengthened position to call for gun bans and strict gun control at a time when it was politically unpopular. Further, the scheme would involve a made-up statistic, out of thin air--90%--which then had to be proved by using civilian gun retailers along the southern border as unsuspecting pawns to walk U.S. guns into Mexico by ATF agents, straw purchasers, and others with connections to Mexican drug cartels.

And the evidence points to the fact that Hillary Clinton was one of the original Administration officials who was 'in the loop' on the scheme from the very beginning.

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A FREE, COMPREHENSIVE EDUCATION IN CONSERVATIVE POLITICS.

You will find it each week at WFHT-AM 1390 in Orlando-Avon Park, Florida on the weekly program 'A Voice for Freedom.' Join Lori Hendry, Ginger Carlisle, and Lin DiCesare each Saturday morning from 11 AM to 12 Noon for interesting guests and news of vital importance to conservatives. Those living outside the station's listening area can tune in via Livestream on the Internet.

Oh, and yours truly will provide a rundown of the top political stories of the week plus searing and insightful commentary from a conservative perspective..

http://www.examiner.com/conservative-in-national/breaking-new-evidence-show-hillary-a-mastermind-behind-gunwalker?CID=examiner_alerts_article

Law Bans Cash for Second Hand Transactions

Cold hard cash. It's good everywhere you go, right? You can use it to pay for anything.

But that's not the case here in Louisiana now. It's a law that was passed during this year's busy legislative session.

House bill 195 basically says those who buy and sell second hand goods cannot use cash to make those transactions, and it flew so far under the radar most businesses don't even know about it.

"We're gonna lose a lot of business," says Danny Guidry, who owns the Pioneer Trading Post in Lafayette. He deals in buying and selling unique second hand items.

"We don't want this cash transaction to be taken away from us. It's an everyday transaction," Guidry explains.

Guidry says, "I think everyone in this business once they find out about it. They're will definitely be a lot of uproar."

The law states those who buy or sell second hand goods are prohibited from using cash. State representative Rickey Hardy co-authored the bill.

Hardy says, "they give a check or a cashiers money order, or electronic one of those three mechanisms is used."

Hardy says the bill is targeted at criminals who steal anything from copper to televisions, and sell them for a quick buck. Having a paper trail will make it easier for law enforcement.

"It's a mechanism to be used so the police department has something to go on and have a lead," explains Hardy.

Guidry feels his store shouldn't have to change it's ways of doing business, because he may possibly buy or sell stolen goods. Something he says has happened once in his eight years.

"We are being targeted for something we shouldn't be."

Besides non-profit resellers like Goodwill, and garage sales, the language of the bill encompasses stores like the Pioneer Trading Post and flea markets.

Lawyer Thad Ackel Jr. feels the passage of this bill begins a slippery slope for economic freedom in the state.

"The government is placing a significant restriction on individuals transacting in their own private property," says Ackel.

Pawn shops have been forced to keep records of their clients for years. However under this bill they are still allowed to deal in cash.

http://www.klfy.com/story/15717759/second-hand-dealer-law

Everyone i know this is true, except for government people and their contractors

A Long, Steep Drop for Americans' Standard of Living
Think life is not as good as it used to be, at least in terms of your wallet? You'd be right about that. The standard of living for Americans has fallen longer and more steeply over the past three years than at any time since the US government began recording it five decades ago.

Bottom line: The average individual now has $1,315 less in disposable income than he or she did three years ago at the onset of the Great Recession – even though the recession ended, technically speaking, in mid-2009. That means less money to spend at the spa or the movies, less for vacations, new carpeting for the house, or dinner at a restaurant.

In short, it means a less vibrant economy, with more Americans spending primarily on necessities. The diminished standard of living, moreover, is squeezing the middle class, whose restlessness and discontent are evident in grass-roots movements such as the tea party and "Occupy Wall Street" and who may take out their frustrations on incumbent politicians in next year's election.

What has led to the most dramatic drop in the US standard of living since at least 1960? One factor is stagnant incomes: Real median income is down 9.8 percent since the start of the recession through this June, according to Sentier Research in Annapolis, Md., citing census bureau data. Another is falling net worth – think about the value of your home and, if you have one, your retirement portfolio. A third is rising consumer prices, with inflation eroding people's buying power by 3.25 percent since mid-2008.

"In a dynamic economy, one would expect Americans' disposable income to be growing, but it has flattened out at a low level," says economist Bob Brusca of Fact & Opinion Economics in New York.

To be sure, the recession has hit unevenly, with lower-skilled and less-educated Americans feeling the pinch the most, says Mark Zandi, chief economist for Moody's Economy.com based in West Chester, Pa. Many found their jobs gone for good as companies moved production offshore or bought equipment that replaced manpower.

"The pace of change has been incredibly rapid and incredibly tough on the less educated," says Mr. Zandi, who calls this period the most difficult for American households since the 1930s. "If you don't have the education and you don't have the right skills, then you are getting creamed."

Per capita disposal personal income – a key indicator of the standard of living – peaked in the spring of 2008, at $33,794 (measured as after-tax income). As of the second quarter of 2011, it was $32,479 – almost a 4 percent drop. If per capita disposable income had continued to grow at its normal pace, it would have been more than $34,000 a year by now.

In Royal Oak, Mich., Adam Kowal knows exactly how the squeeze feels. After losing a warehouse job in Lansing, he, his wife, and their two children have had little recourse but to move in with his mother. Now working at a school cafeteria, Mr. Kowal earns 28 percent less than at his last job.

He and his wife now eat out once a month instead of once a week, do no socializing, and eat less expensive foods, such as ground chuck instead of ground sirloin. "My mom was hoping her kids would lead a better life than her, but so far that has not happened," says Kowal.

"We have quite a few grandparents who are raising their grandchildren on a fixed income, feeding them and buying clothes for them when they can't afford to do [that for] themselves"Yvonne Womack Blessings Food Pantry

With disposable incomes falling, perhaps it's not surprising that 64 percent of Americans worry that they won't be able to pay their families' expenses at least some of the time, according to a survey completed in mid-September by the Marist Institute for Public Opinion. Among those, one-third say their financial problems are chronic.

"What we see is that very few are escaping the crunch," says Lee Miringoff, director of the Marist Institute in Poughkeepsie, N.Y.

Income loss is hitting the middle class hard, especially in communities where manufacturing facilities have closed. When those jobs are gone, many workers have ended up in service-sector jobs that pay less.

"Maybe it's the evolution of the economy, but it appears large segments of the workforce have moved permanently into lower-paying positions," says Joel Naroff of Naroff Economic Advisors in Holland, Pa. "The economy can't grow at 4 percent per year when the middle class becomes the lower middle class."

He would get no argument from Jeff Beatty of Richmond, Ky., who worked in the IT and telecommunications businesses for most of his career – until he hit a rough patch. He and his wife are living on his unemployment insurance benefits (which will run out in months), his early Social Security payments, and her disability payments from the Social Security Administration. Their total income comes to $30,000 a year.

"Our standard of living has probably declined threefold," he says.

Mr. Beatty, who used to make a comfortable income, now anticipates applying for food stamps. He and his wife have sold much of their furniture, which they no longer need because they have moved into a one-bedroom apartment owned by his sister-in-law.

Even people with college degrees are feeling the squeeze. On a fall day, Hunter College graduate and Brooklyn resident Paul Battis came to lower Manhattan to check out the Occupy Wall Street protest. He tells one of the protesters that America's problem is the various free-trade pacts it has approved.

Mr. Battis's angst over trade is rooted in the fact that two years ago he lost his data-entry job with a Wall Street firm that decided to outsource such jobs to India.

When he had the job, he made a comfortable income. Now his income is sporadic, from the occasional construction job he lands. He used to buy clothing from Macy's or other department stores. Now he goes to Goodwill or Salvation Army stores. He has even cut back on taking the city subways, instead riding his bicycle. Separated from his wife and his 15-year-old daughter, he says, "Try making child support payments when you don't have a regular income. I'm constantly catching up."

Even recently some Americans could tap the equity in their homes or their stock market accounts to make up for any shortfalls in income. Not anymore. Since 2007, Americans' collective net worth has fallen about $5.5 trillion, or more than 8.6 percent, according to the Federal Reserve.

The bulk of that decline is in real estate, which has lost $4.7 trillion in value, or 22 percent, since 2007. In Arizona, for example, more than half of homeowners live in houses that are worth less than their purchase prices, according to some reports.

United Kingdom Most Miserable for Nearly Two DecadesWhat's a CDO?
Stock investments aren't any better. Since 1999, the Standard & Poor's index, on a price basis, is off 17 percent. It's up 3.2 percent when dividends are included, but that's a small return for that length of time.

"This is really a lost decade of affluence," says Sam Stovall, chief investment strategist at Standard & Poor's in New York.

Among those who have watched their finances deteriorate are senior citizens.

"Given the stock market, they are very nervous," says Nancy LeaMond, executive vice president at AARP, the seniors' lobbying group. "They want to keep their savings."

But Ms. LeaMond also notes that about 2 in every 3 seniors are dependent not on Wall Street but on Social Security. The average annual income for those over 65 is $18,500 a year – almost all of it from Social Security, she says. "This is not a part of America that is rich," she says.

At the same time, seniors are getting pinched in their pocketbooks.

"Our members are watching all the things they have to buy, especially health-care products, go up in price," says LeaMond.

In Pompano, Fla., some stretched seniors end up at the Blessings Food Pantry, which is associated with Christ Church United Methodist.

"We have quite a few grandparents who are raising their grandchildren on a fixed income, feeding them and buying clothes for them when they can't afford to do [that for] themselves," says Yvonne Womack, the team leader.

Others, she says, are forgoing food to pay for their medical prescriptions. "And then there is your ordinary senior whose Social Security [check] has not gone up in the last several years, but food and gasoline [prices] have skyrocketed," she says. (However, Social Security checks will go up 3.6 percent in January.) The Blessings, she notes, is now feeding 42 percent more people than last year. "We also provide food you can eat out of a can," she says. "We do have seniors who are living on the streets."

The so-called misery index, another measure of economic well-being of American households, echoes the finding on the slipping standard of living. The index, a combination of the unemployment rate and inflation, is now at its highest point since 1983, when the US economy was recovering from a short recession and from the energy price spikes after the Iranian revolution.

http://www.cnbc.com/id/44962589

That is true for most of the country but DC, that is not true

Beltway Earnings Make U.S. Capital Richer Than Silicon Valley

Federal employees whose compensation averages more than $126,000 and the nation’s greatest concentration of lawyers helped Washington edge out San Jose as the wealthiest U.S. metropolitan area, government data show.

The U.S. capital has swapped top spots with Silicon Valley, according to recent Census Bureau figures, with the typical household in the Washington metro area earning $84,523 last year. The national median income for 2010 was $50,046.

The figures demonstrate how the nation’s political and financial classes are prospering as the economy struggles with unemployment above 9 percent and thousands of Americans protest in the streets against income disparity, said Kevin Zeese, director of Prosperity Agenda, a Baltimore-based advocacy group trying to narrow the divide between rich and poor.

“There’s a gap that’s isolating Washington from the reality of the rest of the country,” Zeese said. “They just get more and more out of touch.”

Total compensation for federal workers, including health care and other benefits, last year averaged $126,369, compared with $122,697 in 2009, according to Bloomberg News calculations of Commerce Department data. There were 170,467 federal employees in the District of Columbia as of June. The Washington area includes the District of Columbia, parts of Northern Virginia, eastern Maryland and eastern West Virginia.

Embracing K Street
In recent years Washington has attracted more lobbyists and firms with an interest in the health-care overhaul and financial regulations signed into law by President Barack Obama, according to local business leaders.

“Wall Street has moved to K Street,” said Barbara Lang, president and chief executive officer of the DC Chamber of Commerce, referring to the Washington street that’s home to prominent lobbying firms. “Those two industries clearly have grown in our city.”

Still, household income fell even in Washington by 0.8 percent last year from $85,168. In the San Jose area, home to Cupertino-based Apple Inc. (AAPL) and Cisco Systems Inc. (CSCO) in San Jose, income dropped to $83,944 from $84,483 in 2009.

Median income in both metro areas has been falling since 2008, when it reached a record in each place. The 4.7 percent drop in Silicon Valley during that period was three times larger than the Washington region’s 1.5 percent fall.

‘Shallower Recession’
The flow of federal dollars in and around the nation’s capital helped the region weather the economic slump better than most areas and is contributing to its recovery. The unemployment rate in the Washington metro area in August was 6.1 percent, compared with 10 percent in San Jose, according to Labor Department figures. Nationally, joblessness was 9.1 percent in September for a third straight month.

“The region did experience a shorter, shallower recession than San Jose,” said Sara Kline, a Washington analyst at Moody’s Analytics Inc. in West Chester, Pennsylvania. “The federal government stepped in to take efforts to dampen the recession. It was focused to some extent in the D.C. area as well, given the presence of federal workers there and contractors. That insulated it from more of a downturn.”

Federal government spending for programs excluding Social Security and Medicare in fiscal year 2011, which ended on Sept. 30, rose to $2.38 trillion from $2.3 trillion the previous year.

Lawyer Capital
Last year Washington also had the most lawyers per capita in the U.S. compared with the 50 states, with one for every 12 city residents, according to figures from the American Bar Association and the Census Bureau. In New York State the figure was one out of every 123 residents, while in California the ratio was one in 243.

Associate attorneys in the Washington area who have worked between one and eight years had a median salary of $186,250, compared with the national median for their peers of $123,521, according to a survey by the Washington-based National Association for Law Placement.

Lobbyists play a prominent role in the Washington economy. In 2010 there were 12,964 registered lobbyists, with most working in or around the nation’s capital, according to figures compiled by the Center for Responsive Politics, a Washington- based research group that tracks political spending. Spending on lobbying efforts reached a record $3.51 billion last year, up from $3.49 billion in 2009.

Contractor Central
The Washington suburbs are also home to government contractors such as Bethesda, Maryland-based Lockheed Martin Corp. (LMT), the world’s largest defense company, and General Dynamics Corp. (GD), the Falls Church, Virginia-based maker of Abrams tanks and Gulfstream business jets.

With about 5.6 million residents, the Washington region has an aggregate household income of about $221.4 billion. The San Jose area has about 1.8 million people and income of $67 billion, according to census figures gathered from the American Community Survey. The annual survey polls about 3 million American households to provide annual economic, demographic, social and housing characteristics for the nation.

The Brownsville-Harlingen metro area in southeast Texas along the border with Mexico had the lowest median household income last year at $31,736.

Such income inequality is on display in Washington as well. In the District of Columbia, almost 11 percent of the city’s population qualifies as “very poor,” meaning they make less than half the poverty rate, or about $11,025 a year for a family of four and $5,415 for a single person. The same figure for San Jose is about 6 percent, according to census figures.

“Even though we’ve got this very healthy group of government employees and contractors, there’s still a lot of people left behind,” said Douglas Besharov, a professor at the University of Maryland’s School of Public Policy.

To contact the reporters on this story: Frank Bass in Washington at fbass1@bloomberg.net; Timothy R. Homan in Washington at thoman1@bloomberg.net

http://www.bloomberg.com/news/2011-10-19/beltway-earnings-make-u-s-capital-richer-than-silicon-valley.html

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