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	<title>Franklin County Patriots &#187; Economy</title>
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	<description>Fighting For Freedom At The Grassroots Level In Franklin County, Virginia.</description>
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		<title>DSA and 70 Members of Congress</title>
		<link>http://franklincountypatriots.net/2010/07/14/dsa-and-70-members-of-congress/</link>
		<comments>http://franklincountypatriots.net/2010/07/14/dsa-and-70-members-of-congress/#comments</comments>
		<pubDate>Wed, 14 Jul 2010 19:50:18 +0000</pubDate>
		<dc:creator>dana</dc:creator>
				<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Transparency]]></category>
		<category><![CDATA[Constitution]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Freedom]]></category>
		<category><![CDATA[History]]></category>

		<guid isPermaLink="false">http://franklincountypatriots.net/?p=894</guid>
		<description><![CDATA[“We are fast approaching the stage of the ultimate inversion: The stage where the government is free to do anything it pleases, while citizens may act only by permission-which is the stage of the darkest periods of human history, the stage of rule by brute force.” Ayn Rand
Democratic Socialist of America&#8217;s (DSA) National director Frank Llewellyn, writing [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: center"><em>“We are fast approaching the stage of the ultimate inversion: The stage where the government is free to do anything it pleases, while citizens may act only by permission-which is the stage of the darkest periods of human history, the stage of rule by brute force.” Ayn Rand</em></p>
<p><img src="http://franklincountypatriots.net/wp-content/uploads/2010/07/145px-DemocraticSocialistsOfAmerica3.jpg" alt="145px-DemocraticSocialistsOfAmerica" width="73" height="95" />Democratic Socialist of America&#8217;s (DSA) National director <a href="http://www.wnd.com/?pageId=172929" target="_blank">Frank </a>Llewellyn, writing in the latest issue of the Socialist Democratic Left magazine said, &#8220;<em>progressives must use Obama&#8217;s health-care legislation &#8220;to build support for</em> <em>the elimination of private insurers</em>,&#8221; he sarcastically acknowledges that Obamacare<strong> will</strong> create its own constituency. Llewellyn goes on to say that <strong>healthcare will be run by established democratic rules</strong> and it opens the possibilities of passing other reforms in <strong>this</strong> Congress. Their Marxist agenda calls for the emimination of all private insurers, financial regulation, amnesty, more bailouts and massive Federal aid to city and state governments and scaling back our military.</p>
<p>DSA., together with the Communist Party, labor and their Democrat allies will not stop until the entire U.S. economy is under state control and/or direction.</p>
<p>Spring 2007, DSA National Political Committee Member David Green  wrote:</p>
<p style="text-align: center"><em>&#8220;What distinguishes socialists from other progressives is the theory of surplus value. </em><strong><em>According to Marx</em></strong><em>, the secret of surplus value is that workers are a source of more value than they receive in wages. </em></p>
<p style="text-align: center"><strong><em>Our goal as socialists is to abolish private ownership of the means of production.</em></strong><em> Our immediate task is to limit the capitalist class’s prerogatives in the workplace…&#8221;</em></p>
<p style="text-align: center"><em>Obamacare, will not achieve that noble goal, but it is certainly a fine</em><a href="http://keywiki.org/index.php/David_Green" target="_blank"><em> start</em></a><em>.</em></p>
<p><strong>Democratic Socialists of America</strong> (<strong>DSA</strong>) is the largest socialist organization in the Unites States. It is one of two official U.S. affiliates of the Socialist International, formed in 1982 from a merger of Democratic Socialist Organizing Committee and the New America Movement.                                                  </p>
<p>Around 2000, the DSA became a National Organization and a  driving force behind the campaign for Socialized Medicine, working closely with its allies  Congressman John Conyers and Senator Bernie Sanders.</p>
<p>Since 1982 DSA has been working for progressive change, helping form and continuing to work with the Congressional Progressive Caucus.<strong> </strong></p>
<p style="text-align: center"><strong><em>&#8220;Like our friends and allies in the feminist, labor, civil rights, religious, community organizing movements, people of color and women, we will work with those movements to strengthen the party’s left wing, represented by the Congressional Progressive Caucus&#8230;we will continue to support progressives who have a real chance at winning elections, which usually means left-wing Democrats.&#8221;</em></strong></p>
<p><strong>DSA’s </strong>main task is to build grassroots, multi-racial, progressive coalitions.     <strong><span style="color: #993300"> </span></strong></p>
<p> <strong>The Employee Free Choice Act (card check) – A DSA Priority</strong></p>
<p><img class="aligncenter size-full wp-image-942" src="http://franklincountypatriots.net/wp-content/uploads/2010/07/cardcheck1.jpg" alt="cardcheck" width="300" height="222" /></p>
<p><strong>&#8220;O</strong>ur goal as socialists is to abolish private ownership of the means of production.&#8221;  <strong>O</strong>ur immediate task is to limit the capitalist class. <strong>O</strong>ur challenge is to <span style="text-decoration: underline">convince the public</span> that the ability of working people to organize unions has a direct and positive impact on everyone’s wages, job security, pensions and health care.&#8221; <strong><span style="color: #993300">Let&#8217;s put this in prospective;</span>  <span style="color: #993300">By the time they&#8217;re through with us.. wining and dining  on a Saturday night will be singing to each other over a pan of fried potatoes. </span></strong>                                                                            </p>
<p><strong>On March 3, 2007 Barack Obama was a featured speaker at a meeting with labor unionist.</strong>  The event attracted some of Labor’s big hitters to join Obama on the dais and speak, including Congresswoman Jan Schakowsky (D), an early and big-time supporter of Obama’s in the 2004 Senate Primary and Senator Dick Durbin (D-IL) as well as a local favorite for liberals, Dr. Quentin Young.</p>
<p><img class="aligncenter size-full wp-image-952" src="http://franklincountypatriots.net/wp-content/uploads/2010/07/QDY_ObamaYoung-80th2.jpg" alt="QDY_ObamaYoung 80th" width="304" height="205" />  </p>
<p>Dr. Quentin Young, long time friend and neighbor of Obama, joined the Young Communist League as a teenager in the late 30&#8217;s and in the 70&#8217;s became  associated with a Marxist organization known as the New American Movement. 1982, Dr. Young helped establish the Democratic Socialist of America (DSA) which as the principal U.S. affiliate of the Socialist International, asserts that <em><strong>&#8220;Many</strong></em> <em><strong>structures of our government and economy must be radically transformed.&#8221;</strong></em></p>
<p>Young co-founded &#8216;Physicians for a National Health Program (PNHP) in 1987 stating <strong>&#8220;<em>government-run healthcare should be financed by truly progressive</em></strong> <em><strong>taxation.&#8221;</strong></em>   <strong><span style="color: #993300">English translation: Slaverly by government control.</span></strong> Young met Obama in the home of  &#8216;Weather Underground&#8217; terriorist Bill Ayers and Bernardine Dohrn in 1995.</p>
<p><strong>DSA believes that the election of Senator Obama to the presidency in November represents a potential opening for social and labor movements to generate the critical political momentum necessary to implement a progressive political <a href="http://keywiki.org/index.php/Democratic_Socialists_of_America" target="_blank">agenda</a></strong>&#8230; </p>
<p><strong>DSA and their view of Arizona’s New Law</strong> may be viewed <a href="http://www.dsausa.org/pdf/Breathing%20While%20Brown.pdf" target="_blank">here</a>.</p>
<p><strong>One Prominent Member of DSA is </strong><strong>Ed Asner ( Actor, activist),</strong> and long-time member. In 1984 Asner was a co-sponsor of the ‘Ninth Annual Banquet’ of the Labor Research Association (identified as a front for Communist Party USA), that co-operates with the World Federation of Trade Unions, a soviet international front group.</p>
<p><img class="aligncenter size-full wp-image-900" src="http://franklincountypatriots.net/wp-content/uploads/2010/07/834567a8ee1cdec4ED-asner1.jpg" alt="834567a8ee1cdec4ED asner" width="115" height="145" /><em>“Socialist means a thing that will curb the excesses of capitalism: the increasing wealth of the rich and decreasing wealth of the poor. : For me, solidarity, civil liberty, and social justice can all be summed up with three simple letters — DSA.” Ed Asner <strong><span style="color: #993300">It&#8217;s official. He is as dumb as he looks.</span></strong></em></p>
<p><em><strong><span style="color: #993300"> </span></strong></em><strong>In 1990 on DSA stationary <a href="http://keywiki.org/index.php/Ed_Asner" target="_blank">Asner </a>stated:</strong></p>
<p><strong> </strong><em>“Arbitary power in the East has met its match and has been relegated to the dustbin of history by the power of the people.  In America that Arbitary power has a name- capitalism. DSA believes in fundamental redistribution of wealth and power in this country&#8221;&#8212;<strong><span style="color: #993300"> An actor is self employeed. Asner still has his money, the same as Obama has his money. I guess they only want to redistribute everyone else&#8217;s. </span></strong></em></p>
<p><strong>Asner, was</strong> an initiator of the <strong>I</strong>nternational <strong>P</strong>eace for <strong>C</strong>uba <strong>A</strong>ppeal, and affiliate of the Workers World Party (WWP), one of the most hardcore Marxist organizations in the US.  Other members <a href="http://keywiki.org/index.php/John_Conyers" target="_blank">included </a>Congressman John Conyers and Harry Belefont. </p>
<p>Asner was on the advisory board of the Rosenberg <a href="http://keywiki.org/index.php/Rosenberg_Fund_for_Children" target="_blank">Fund</a> for Children in 2003 along with <strong>Angela </strong><a href="http://keywiki.org/index.php/Angela_Davis" target="_blank"><strong>Davis</strong></a>, <strong>who was removed</strong> from her teaching position at UCLA in 1969 and in 1970 <strong>was placed on the FBI’s most wanted list for murder</strong>,<strong> kidnapping and conspiracy</strong>, and Harry <a href="http://keywiki.org/index.php/Harry_Belafonte" target="_blank">Belefonte </a>who signed a statement circulated by the Partisan Defense Committee, calling for the release of convicted ‘cop-killer’ Mumia Abu-Jamal.                                                                                               </p>
<p> <strong>2004</strong>, Asner endorsed an anti-Bush <a href="http://www.revcom.us/a/1247/rnc_protest_nion_call.htm" target="_blank">Protest</a> in New York, organized by <strong>N</strong>ot <strong>I</strong>n <strong>O</strong>ur <strong>N</strong>ame, an organization closely associated with the <strong>Revolutionary Communist Party</strong> and signed a statement circulated by 911 <a href="http://www.911truth.org/article.php?story=20041026093059633" target="_blank">Truth</a>.org calling 9/11 as a possible inside job and i<strong>n 2009  </strong>served on the <a href="http://keywiki.org/index.php/Independent_Progressive_Politics_Network" target="_blank">advisory</a> committee of <strong>The Independent</strong> <strong><a href="http://www.ippn.org/IPPN_People" target="_blank">Progressive </a>Politics Network</strong>. Two of their Affiliate Organizations  are:</p>
<p><strong>Committees of Correspondence for Democracy and Socialism</strong> <a href="http://keywiki.org/index.php/Committees_of_Correspondence" target="_blank">(CCSD)</a>, leader Manning Marble wrote in the ‘British<strong> </strong>Trotskyist Journal’ explaining <strong>Obama’s </strong>relationship to the Chicago left: <em>&#8220;What makes Obama different is that he&#8217;s been a community organiser. He has read left literature, including my works, and <span style="text-decoration: underline">he understands what socialism is</span><strong>. A lot of the people working with him are,</strong> <strong>indeed, socialists with backgrounds in the Communist Party or as</strong> <strong>independent Marxists</strong>. There are a lot of people like that in Chicago who have worked with him for years&#8230;&#8221;   <strong><span style="color: #993300">Must be why Chicago&#8217;s called the &#8216;windy city.&#8217;</span></strong></em></p>
<p><strong>National Lawyers Guild</strong> (NLG) openly socialist, is based in New York, NY and was organized with the assistance of the Communist International in 1936 as a legal action <strong>front operated by the Communist Party</strong> <strong>USA</strong>. It is the largest US affiliate of the<strong> Soviet-Controlled International Association of Democratic Lawyers.</strong> While there are small numbers of Maoists, Trotskyites and independent Marxist &#8220;New Leftists&#8221; in the organization, the <a href="http://keywiki.org/index.php/National_Lawyers_Guild" target="_blank">NLG&#8217;s</a> international positions and <strong>real domestic control lies with the supporters of the Soviet and Cuban Communist regimes.</strong> <span style="color: #993300"><strong>Mama&#8217;s don&#8217;t let your babies grow up to be lawyers. Let &#8216;em be cowboys&#8230;&#8230;&#8230;&#8230;&#8230;.. </strong></span></p>
<p><span style="color: #993300"><strong> </strong></span>I<strong>n 2010 Asner</strong> endorsed the Campaign for Peace and Democracy, founded in 1982,  an organization that promotes a progressive and non-militaristic US foreign policy.  See a complete list of endorsers <a href="http://keywiki.org/index.php/National_Lawyers_Guild" target="_blank">here</a>.</p>
<p><strong>Communist Party </strong><strong>USA</strong> is America&#8217;s <strong>oldest</strong> and most influential <strong>Marxist-Leninist</strong> organization.<strong>  </strong>&#8220;The Communist Party USA is the party of and for the U.S. working class, a class which is multiracial, multinational, and unites men and women, young and old, employed and unemployed, organized and unorganized, gay and straight, native-born and immigrant, urban and rural, and composed of workers who perform a large range of physical and mental labor—the vast majority of our society.  <strong>Possibilities Under Obama Presidency..</strong><strong><span style="color: #993300">   </span></strong>See the entire article <a href="http://keywiki.org/index.php/Communist_Party_USA" target="_blank">here</a>. </p>
<p><strong>Members of DSA who</strong><a href="http://www.tysknews.com/Depts/gov_philosophy/dsa_members.htm" target="_blank"> sit </a><strong>on the Judiciary Committee:  </strong>John Conyers, Tammy Baldwin, Jerrold Nadler, Luis Gutierrez, Melvin Watt, Maxine Waters, Hank Johnson, Steve Cohen, Barbara Lee, Robert Wexler, and Linda Sanchez.</p>
<p><strong>US Congress who are DSA members total 70 and can be</strong><a href="http://cpc.grijalva.house.gov/index.cfm?ContentID=166&amp;amp;ParentID=0&amp;SectionID=4&amp;SectionTree=4&amp;lnk=b&amp;ItemID=164" target="_blank"><strong> seen </strong></a><strong>here,</strong> who work in open partnership with DSA.</p>
<p>Communism <a href="http://www.youtube.com/watch?v=PUFStvYxCWw" target="_blank">video</a> , Capitalism vs <a href="http://www.youtube.com/watch?v=angbZB2WeMQ&amp;feature=related" target="_blank">Socialism</a> video</p>
<p><strong>Barak Obama member of New Party &#8211; 1996 </strong><strong>Illinois:</strong> Three NP-members won Democratic primaries last Spring and face off against Republican opponents on election day: Danny Davis (U.S. House), Barack Obama (State Senate) and Patricia Martin (Cook County Judiciary).  After allegations surfaced in early summer over the &#8216;New Party&#8217;s&#8217; endorsement of Obama, the Obama campaign along with the remnants of the New Party and Democratic Socialists of America claimed that Obama was never a member of either organization. The DSA and &#8216;New Party&#8217; then systematically attempted to cover up any ties between Obama and the Socialist Organizations. However, it now appears that Barack Obama was indeed a certified and acknowledged member of the DSA&#8217;s New Party. <strong>Barack<a href="http://www.americanthinker.com/blog/2008/10/archives_prove_obama_was_a_new.html" target="_blank"> Obama</a>, victor in the 13th State Senate District, encouraged NP&#8217;s to join in his task forces on Voter Education and<a href="http://web.archive.org/web/20010306031216/www.newparty.org/up9610.htmlhttp://web.archive.org/web/20010306031216/www.newparty.org/up9610.html" target="_blank"> Voter </a>Registration.</strong></p>
<p>Barack Obama: <a href="http://www.americanthinker.com/2008/09/barack_obama_and_the_strategy.html http://www.americanthinker.com/2008/09/barack_obama_and_the_strategy.html" target="_blank">Manufactured</a> Crisis&#8230;Obama and The <a href="http://www.youtube.com/watch?v=W2CFy0V42j0" target="_blank">New Party </a></p>
<p>Obama and picketline of congress <a href="http://www.congresshotelstrike.info/video.asp" target="_blank">hotel</a></p>
<p><img class="aligncenter size-full wp-image-954" src="http://franklincountypatriots.net/wp-content/uploads/2010/07/barackobama1.jpg" alt="barackobama" width="233" height="217" /></p>
<p> <strong><span style="color: #993300">And you thought Obama was just another pretty face who could read a teleprompter.</span></strong></p>
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		<title>THE SHADOW BANK</title>
		<link>http://franklincountypatriots.net/2010/07/13/the-shadow-bank/</link>
		<comments>http://franklincountypatriots.net/2010/07/13/the-shadow-bank/#comments</comments>
		<pubDate>Wed, 14 Jul 2010 01:42:22 +0000</pubDate>
		<dc:creator>Rretta</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[History]]></category>

		<guid isPermaLink="false">http://franklincountypatriots.net/?p=713</guid>
		<description><![CDATA[Congressional democrats have managed to nail the lid back down on Federal Reserve transparency.   Congressman Ron Paul said that his Federal Reserve Transparency Act was left  out of the Wall Street Reform bill.  120 democrats who orginally  cosponsored the bill ended up voting against it.  
The Federal Reserve has operated in the shadows since its inception [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-1065" src="http://franklincountypatriots.net/wp-content/uploads/2010/07/federal-reserve.jpg" alt="federal reserve" width="400" height="495" />Congressional democrats have managed to nail the lid back down on Federal Reserve transparency.   Congressman <a href="http://www.personalliberty.com/liberty/fed-secrecy-survives-again/">Ron Paul </a>said that his <a href="http://www.markfiore.com/political/newly-frugal-guy">Federal Reserve </a>Transparency Act was left  out of the Wall Street Reform bill.  120 democrats who orginally  cosponsored the bill ended up voting against it.  </p>
<p>The Federal Reserve has operated in the shadows since its inception in 1913.  While its defenders claim it was designed to give stability to financial markets, what it has really done is preside over the near complete destruction of the dollar.  Since its inception, the dollar has lost more than 95% purchasing power.  ITS LOOSE MONEY POLICY IS ALSO THE CULPRIT BEHIND THE CURRENT ECONOMIC CRISES. By keeping interest rates low rather than allowing the free market to set rates, bubbles were created that eventually burst.    Now they have decided once again, <strong>THAT YOU, THE AMERICAN TAXPAYER, HAVE NO RIGHT TO KNOW WHO IS GETTING YOUR MONEY, HOW MUCH THEY RECEIVE,  OR WHAT IT IS BEING USED FOR. <em> What happened to transparency?</em></strong></p>
<p>On March 13, 1907, the New York Stock Exchange <a href="http://en.wikipedia.org/wiki/Panic_of_1907">crashed</a>, triggered by failed speculation of  two brokerage firms.  But, the Shock that set the crash in motion was the San Francisco quake in 1906.  The devastation drew gold out of the world&#8217;s major money centers and created a liquidity crunch by  late spring 1907.   Easy credit and wild financial speculation ( sounds a little like 2009)  added to the problem.  Panic erupted!  People were scared and called on the government to intervene.   BE CAREFUL WHAT YOU ASK FOR!</p>
<p><strong> </strong><strong>NEVER LET A CRISES GO TO WASTE</strong></p>
<p>In response to the panic,  the government set up  the<a href="http://en.wikipedia.org/wiki/National_Monetary_Commission"> National Monetary Commission</a>, create by the Aldrich Vreeland Act of 1908, to inquire into and report on needed or desirable changes to our monetary system and the laws relating to banking and currency.  Senator Nelson Aldrich, as Republican Majority Leader was head of the Commission. Knowing that any real reform would be detrimental to the powerful banking families, and to further his socialist agenda, he turned to J. P. Morgan.  <strong>Jekyll Island,  </strong>Georgia, purchased by Morgan and a group of wealthy friends for a retreat/hunt club,   <strong>WAS TO BECOME THE SITE OF A <a href="http://www.arcticbeacon.com/books/Eustace_Mullins-SECRETS_of_the_Federal_Reserve_Bank.pdf">CONSPIRACY </a>THAT WOULD  FOREVER CHANGE OUR COUNTRY. </strong>  Learn more about  J. P.<a href="http://en.wikipedia.org/wiki/J._P._Morgan"> Morgan here</a>                                                 <img class="alignright size-full wp-image-1066" src="http://franklincountypatriots.net/wp-content/uploads/2010/07/0093-0711-1016-3950_TN1.jpg" alt="0093-0711-1016-3950_TN" width="100" height="78" /></p>
<p>In 1910, <strong> Senator Nelson Aldrich, </strong>maternal grandfather of Nelson Rockefeller;  <strong>A. Piatt Andrew, </strong>former Assistant Economics Professor at Harvard and future Director of the Mint,  Assistant Secretary of the Treasury and Congressman<strong>; Frank Vanderlip</strong>,  President of National City Bank of  New York and former Assistant Secretary of the Treasury<strong>;  Henry P. Norton</strong>,  President of (Morgan&#8217;s) First National Bank of New York<strong>;  <a href="http://en.wikipedia.org/wiki/Paul_Warburg">Paul Moritz Warburg</a></strong>,  partner in Kuhn, Loeb &amp; Co., and first appointed member of the Board of Directors of the soon to Federal Reserve Bank; and <strong> Benjamin Strong,  </strong>an aide of  J.  P. Morgan and future  Board Member of the Federal Reserve, traveled  in secret to <a href="http://www.pushhamburger.com/jeckel.htm">Jekyll Island</a>, to write banking and currency legislation.  With Paul Warburg at the helm, the draft proposal was completed in only nine days.  It was Warburg that came up with the name Federal Reserve System and  warned his partners in crime not to use the term &#8220;central bank&#8221; to describe the proposal.  A very enlightening  book  is  <a href="http://www.theforbiddenknowledge.com/hardtruth/federal_reserve_secrets.htm">&#8220;Secrets of The Federal Reserve&#8221;</a>  by Eustace Mullins which can be read on line.</p>
<p>The conspirators returned to New York and   started  a nationwide campaign to sell the newly drafted  <strong>&#8220;Aldrich Plan&#8221;, enlisting  the help of Harvard, Princeton and the University of Chicago</strong>, to push their propaganda.  <strong>Woodrow Wilson, </strong> Governor of New Jersey and former President of Princeton, was selected as spokesman.   Senator Aldrich presented &#8220;his&#8221; plan to Congress as a culmination of three years hard work, study, and travel by members of the National Monetary Commission, with expenses of more than $300,000.  <em>You can only imagine the surprise of the other members of the Commission finding out they had written a &#8220;plan&#8221;. </em>    After much posturing for the voters, debate ended and  the Aldrich Plan, labeled a &#8220;central bank scheme,&#8221;  and was shelved.   </p>
<p><img class="alignleft size-medium wp-image-716" src="http://franklincountypatriots.net/wp-content/uploads/2010/06/325px-Old-friend1-244x300.jpg" alt="325px-Old-friend" width="244" height="300" /></p>
<p>The Presidential <a href="http://en.wikipedia.org/wiki/United_States_presidential_election,_1912">campaign of 1912  </a>reads like it could have come out of yesterday&#8217;s headlines.  There was republican Taft running for re-election against  democrat Woodrow Wilson, both with a monetary bill in their platform &#8211; Taft had the Aldrich Plan and Wilson the Federal Reserve Act.  <strong>No one bothered to inform the voters that both drafts, with few exceptions, were the same or that Paul Warburg was author of both.  </strong>Wilson wasn&#8217;t drawing much enthusiam from the voters and everyone expected Taft to win re-election but, &#8220;fate&#8221; had other plans.   Former republican President Teddy Roosevelt threw his hat in the ring on the Bull Moose ticket.  The press, in bed with the wealthy bankers,  covered Roosevelt and pretty much ignored the other candidates.  Roosevelt cut into Taft&#8217;s support and,  <strong>as amazing as it seems, Woodrow Wilson won.  </strong>   Of course the bankers were financially backing all three candidate so they had nothing to lose, or did they?  With the democrats firmly in command, the push was on to pass the Federal Reserve Act.</p>
<p>Again posturing for the voters, hearings were held on the &#8220;so called new legislation&#8221;  but those in opposition were never called to testify.  Paul Warburg and Colonel Edward House, (forerunners of the 2008 &#8220;CZARS&#8221; movement)   worked behind the scenes, exerting pressure when needed.  After much arguing and debate, the legislation passed on  December 21, 1913.  <strong>Of course most members of Congress had left Washington for the Christmas Holidays before the vote was taken. </strong>   <em>Doesn&#8217;t that sound vaguely familiar?</em> </p>
<p>Colonel Garrison, an agent of  Brown Brothers Bank would later write that &#8220;Paul Warburg was the man who got the Federal Reserve Act together after the Aldrich Plan aroused such nationwide resentment and opposition.  The matermind behind both plans was the Baron Rothschild of London.&#8221; </p>
<p>When the bill passed, Congressman Lindbergh said &#8220;this act establishes the most gigantic trust on earth.  When the President signs this bill, the invisible government by the monetary power will be legalized. . .the worst legislative crime of the ages is perpetrated by this banking and currency bill.&#8221; </p>
<p><strong><em>On the day the bill was signed into law, the Constitution ceased to be the governing covenant of the American people.  We had turned the fate of our country over to a small group of international bankers. </em></strong>  Socialist had not only  wormed their way into key government positions, they were  taking control  of our educational system and held monopolies  in major industries and banking  and,  NOW  they had gained control over our money. </p>
<p>Woodrow Wilson in 1913 in &#8220;<a href="http://www.gutenberg.org/etext/14811">The New Freedom</a>&#8220;  wrote  &#8221;some of the biggest men in the U.S., in the field of commerce and manufacturing, are afraid of somebody, are afraid of something.  They know that there is a power somewhere so organized, so subtlle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when the speak in condemnation of it.&#8221;  The book can be downloaded or read on line. </p>
<p><a href="http://wakeupfromyourslumber.com/node/3384">Wilson</a> later said  &#8220;I am a most unhappy man.  I have unwittingly ruined my country.  A great industrial nation is controlled by its system of credit.  Our system of credit is concentrated,  the growth of the nation, therefore, and all our activities are in the hands of a few men.  We have come to be one of the worst ruled, one of the most controlled and dominated governments in the civilized world &#8211; no longer a government by free opinion, no longer a government by conviction and the vote of the majorty, but a government by the opinion and duress of a small group of dominant men.&#8221;                                                                                                                                                                           <img class="alignright size-full wp-image-1067" src="http://franklincountypatriots.net/wp-content/uploads/2010/07/small-serpent-banker1.jpg" alt="small-serpent-banker" width="354" height="347" /></p>
<p>In 1932 Congressman <a href="http://www.afn.org/~govern/mcfadden_speech_1932.html">Louis T. McFadden </a> would say &#8220;we have, in this country, one of the most corrupt institutions the world has even known.  I refer to the Federal Reserve Board.  This evil institution has impoverished the people of the United States and has practically bankrupted our government.  It has done this through the corrupt practices of the moneyed vultures who control it.&#8221;</p>
<p><strong><em>&#8220;If the American people ever allow the banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers occupied.  The issuing power of money should be taken from the banks and restored to Congress and the people to whom it belongs.&#8221;    Thomas Jefferson,  &#8220;The Story of Our Money,&#8221;  by Olive Cushing Dwinell.   </em></strong></p>
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		<title>THE TERMINATOR</title>
		<link>http://franklincountypatriots.net/2010/07/09/the-terminator/</link>
		<comments>http://franklincountypatriots.net/2010/07/09/the-terminator/#comments</comments>
		<pubDate>Fri, 09 Jul 2010 17:03:23 +0000</pubDate>
		<dc:creator>Rretta</dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://franklincountypatriots.net/?p=939</guid>
		<description><![CDATA[
&#8220;Control the oil and you can control entire continents.  Control the food and you can control people.&#8221;  Henry Kissinger
In 1983 Delta &#38; Pine Land (DPL) joined with the USDA to develope Terminator seed.  According to a patent granted in March, 1998, the patent is jointly owned by DPL and the U.S., as represented by the [...]]]></description>
			<content:encoded><![CDATA[<p><strong><em><img class="alignleft size-full wp-image-946" src="http://franklincountypatriots.net/wp-content/uploads/2010/07/FARMLAND.jpg" alt="FARMLAND" width="151" height="210" /></em></strong></p>
<p><strong><em>&#8220;Control the oil and you can control entire continents.  Control the food and you can control people.&#8221;</em></strong>  Henry Kissinger</p>
<p>In 1983 Delta &amp; Pine Land (DPL) joined with the USDA to develope Terminator seed.  According to a patent granted in March, 1998, the patent is jointly owned by DPL and the U.S., as represented by the Secretary of the USDA.  Delta officially declared that one of the purposes of the Terminator seed was to control unauthorized planting of seed varieties by making such practice noneconomic since nonauthorized saved seed would not germinate and therefore useless for planting.   In 1998, Willard Phelps, defined the government&#8217;s policy on Terminator seeds saying they wanted it &#8220;widely licensed and made expeditiously available to many seed companies.&#8221;  It will &#8220;increase the value of proprietary seed owned by U.S. seed companies and open new markets in second and third world countries.&#8221;  In layman&#8217;s terms, it will line the pockets of the haves and empty the pockets of the farmers. </p>
<p>Terminator is a crop seed that becomes sterile at harvest time assuring that farmers must repurchase seed every year.  The industry argues that the seed offers a built in safety feature that, in case of cross pollination, the new seeds produced would also be sterile and no threat to native plants.  But Terminator technology is a complex system and scientist warm that the seed will not be 100% effective.   The likelihood of system failure means it wouldn&#8217;t be a reliable tool for biocontainment and if it did fail, it would introduce new, dangerous, biosafety <a href="http://www.banterminator.org/The-Issues/Introduction">risks</a>.  The seed has never been field tested but tests are currently being conducted in greenhouses in the U.S.</p>
<p>As a very interesting side note &#8211; the largest shareholder in Delta &amp; Pine Land is the Stephen&#8217;s Group of Little Rock, Arkansas.  Chairman of the Board, Jon Jacoby came to DPL from the <a href="http://prorev.com/2010/01/major-foreign-crook-pal-of-clintons.html">Stephen&#8217;s Group</a>.  Stephens is also the largest shareholders in Tyson Foods and Walmart.  The  Group was also involved in the Clinton investigations in Arkansas and the USDA  scandal involving  the Secretary, <a href="http://www.mrc.org/BozellColumns/newscolumn/1997/col19970828.asp">Mike Espy  </a>who was appointed by Bill Clinton.  Bill actually sent Mike Espy to meet with the President of Tyson Foods before submitting his name to the Senate for confirmation.  One of the first things Espy did was to enact measures weakening federal chicken waste and contamination standards opening the flood gate for expansion of Tyson Foods.  </p>
<p>In 1999, Monsanto announced it was buying DPL and the Terminator patent.  Following worldwide  protests against the seed, Dr. Gordon Conway, President of the Rockefeller Foundation meet with the Monsanto Board of Directors and convinced them to make an announcement that they wouldn&#8217;t commercialize the Terminator seed.  Development of the genetic revolution and genetic engineering as a resarch area had been a project of the Rockefeller Foundation and researchers at the Rockefeller University.  The announcement and the decision not to purchase DPL took the pressure off Monsanto allowing them to advance their patented GMO seeds globally.  While Monsanto saw the light, Dan Glickman, USDA Secretary,  refused repeated efforts to drop government support for Terminator, aka Genetic Use Restriction Technology (GURTS).  Harry Collins, DPL Vice President declared in a press interview,  &#8221;we&#8217;ve continued right on with work. . .We never really slowed down.  We&#8217;re  on target, moving ahead to commercialize it.  We never really backed off.&#8221;</p>
<p>In 2001 the USDA and Delta executed a Commercialization Agreement for Terminator and in 2006, <a href="http://www.globalresearch.ca/index.php?context=va&amp;aid=3082">Monsanto </a> purchased Delta and its patent.  The key scientific member of DPL was Dr. Nam Hai Chua who was also head of the Rockefeller Univerisity Plant Molecular Biology Lab in New York.  Until 1995, he had also been a scientific consultant to Monsanto and DuPont&#8217;s Pioneer Hi-Bred International.  Since DPL already had subsidaries in Argentina, China, Singapore, Parqaguay, Mexico, Australia, Greece, Brazil and India, Monsanto &#8220;inherits&#8221;  a ready made market for the seed.   DPL, Monsanto,  The Rockefeller Foundation, Rockefeller University, and the USDA are a common thread thoughout the development of the Terminator.</p>
<p>The USDA stands to earn 5% of net sales if the product is commercialized.  If <a href="http://www.organicconsumers.org/monsanto/montreal060222.cfm"> Terminator </a>is widely licensed it could mean that the commercial seed industry will enter new sectors of the seed market, especially self pollinating seeds such as wheat, rice, oats and sorghum.  The world&#8217;s two most critical food crops &#8211; rice and wheat &#8211; are staple crops for 3/4&#8217;s of the world&#8217;s poor.   <em>Control the food &#8211; control the people.<img class="alignright size-full wp-image-948" src="http://franklincountypatriots.net/wp-content/uploads/2010/07/fsa-dust-bowl-farm-32396-3001.jpg" alt="fsa-dust-bowl-farm-32396-300" width="300" height="233" /></em></p>
<p>Molecular biologists studying the patent have mixed views on the potential ecological hazards of the sterility trait.  The greatest fear is that the sterility trait from first generation seed might spread via pollenation to neighboring crops or wild relatives rending them also sterile, wrecking havoc on the surrounding eco system.</p>
<p>Camila Montecino of the Chilean based<a href="http://www.thirdworldtraveler.com/Transnational_corps/TerminatorSeeds_Monsanto.html"> Center for Food and Technology </a>says &#8220;we will see pressure on the national regulatory systems to marginalize saved seed varieties and clear the way for Terminator.  More than a billion farms are at risk.  This is an immoral technique that robs farming communities of their age old right to save seed.&#8221;</p>
<p><strong>If Terminator gains commercial acceptance, (and Monsanto thinks it will since they now have the technology and enough clout with the USDA and the FDA to make it happen,) using the guise of biosafety, sterility will be included in all GMO seeds.  It offers a much stronger monopoly than a patent &#8211; NO EXPIRATION DATE; NO EXEMPTIONS FOR PLANT BREEDERS; NO COSTLY LEGAL BATTLES, AN ENDLESS MARKET, AND TOTAL CONTROL OVER OUR FOOD SUPPLY.  </strong></p>
<p>Click <a href="http://franklincountypatriots.net/2010/06/04/monsanto-dominates-worlds-food-supply/" target="_blank">here</a> for an earlier, related article.</p>
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		<title>&#8220;Tear Down That Socialist Wall and Free The People&#8221;</title>
		<link>http://franklincountypatriots.net/2010/07/07/tear-down-that-socialist-wall-and-free-the-people/</link>
		<comments>http://franklincountypatriots.net/2010/07/07/tear-down-that-socialist-wall-and-free-the-people/#comments</comments>
		<pubDate>Wed, 07 Jul 2010 12:28:18 +0000</pubDate>
		<dc:creator>dana</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Cap & Trade]]></category>

		<guid isPermaLink="false">http://franklincountypatriots.net/?p=754</guid>
		<description><![CDATA[
 
&#8220;I do believe this nation has been portrayed for too long a time to the people as being energy poor, when it is energy rich.&#8221; Ronald Reagan
Reagan&#8217;s mission as President was to rein in a government he considered an obstacle to economic opportunity and human liberty. He complained the federal government had over-spent, over-estimated and [...]]]></description>
			<content:encoded><![CDATA[<p><img class="aligncenter size-full wp-image-753" src="http://franklincountypatriots.net/wp-content/uploads/2010/06/Reagan3.jpg" alt="Reagan" width="500" height="367" /></p>
<p> </p>
<p style="text-align: center"><strong><em>&#8220;I do believe this nation has been portrayed for too long a time to the people as being energy poor, when it is</em> <em>energy rich</em>.&#8221; Ronald Reagan</strong></p>
<p><strong>Reagan&#8217;s mission as President was to rein in a government he considered an obstacle to economic opportunity and human liberty. He complained the federal government had over-spent, over-estimated and over-regulated.</strong></p>
<p>Supporting Gore, Obama, Pelosi, and Reid; Perriello voted in 2009 in favor of<strong> &#8220;Cap &amp;</strong> <strong>Trade&#8221;</strong> or better known as<strong> &#8220;Cap &amp; Tax&#8221;,</strong> the largest middle class energy tax increase in American History!</p>
<p>It  appears now that the Senate is gearing up to pass a &#8216;Cap &amp; Trade&#8217; travesty, forcing American Businesses to purchase carbon credits at a price now under negotiations, but orginially estimated to be as much as $100 billion. This price will be passed on to YOU, the consumer, in higher utilitiy bills, gasoline prices, services and everything manufactured or transported to include FOOD. Please <a href="http://www.americanthinker.com/2009/06/cap_and-fade.html http://www.americanthinker.com/2009/06/cap_and-fade.html http://www.americanthinker.com/2009/06/cap_and-fade.html http://www.americanthinker.com/2009/06/cap_and-fade.html http://www.americanthinker.com/2009/06/cap_and-fade.html http://www.americanthinker.com/2009/06/cap_and-fade.html http://www.americanthinker.com/2009/06/cap_and-fade.html http://www.americanthinker.com/2009/06/cap_and-fade.html http://www.americanthinker.com/2009/06/cap_and-fade.html http://www.americanthinker.com/2009/06/cap_and-fade.html http://www.americanthinker.com/2009/06/cap_and-fade.html" target="_blank">visit </a>the American Thinker and read the effects of this outrageous bill will have on you and your family.</p>
<p>Since the BP oil disaster, Obama has refused help from other countries to help clean up and possibly stop the oil flow. The President says he&#8217;s trying to take political control of this crisis and that&#8217;s seems to be exactly what&#8217;s he has done&#8230;in his political bureacratic gobbledygook that is. He&#8217;s using the oil spill to futher his radical agenda to pass Cap &amp; Trade, just as he&#8217;s using the drug trafficing, (<span style="color: #993300"><strong>by doing nothing</strong></span>) along the borders to pass his immigration bill.  BP has said time and time again they will pay for all clean-up and make full restitution for damages. But in the Obama fashion: &#8216;never let a crisis go to waste&#8217;, they  want to seize the opportunity to take CONTROL. Obama wants the money BP would pay in damages put in escrow. (<strong><span style="color: #993300">Control is what Obama&#8217;s all </span><span style="color: #993300">about</span></strong>.) Can you imagine all the red tape this administration will put those who lost their jobs and businesses through?  And let&#8217;s not forget the blood sucking vampires (AKA &#8211; the IRS) that want to make everyone pay taxes on the money they would receive. When all is said and done, those harmed by the oil spill will be lucky to get a dime. This is a good example of that &#8216;Hope &amp; Change&#8217;.  Obama&#8217;s hoping he gets the money and you get the change.</p>
<p><strong>The<a href="http://www.youtube.com/watch?v=8VfypUzx1tIhttp://www.youtube.com/watch?v=8VfypUzx1tI" target="_blank"> technology </a>already exist to clean the oil spill, so why isn&#8217;t it being used?</strong></p>
<p>Under the Obama administration, the U.S. Environmental Protection Agency (EPA) has adopted a policy to curtail surface mining in a six-state region, by reducing the practice of filling valleys with excess waste. In March , the EPA proposed to block a &#8216;mountaintop&#8217; coal mine in West VA  regardless of the company&#8217;s federal permit. West VA is a democrat state so what will happen now with the passing of Robert Byrd? Will another democrat take his seat who is 100% for Obama&#8217;s solicalistic agenda or 100% for the people who rely on their mining jobs to support their state and families.</p>
<p><em><strong>&#8220;When I was asked earlier about the issue of coal, uh, you know, under my plan of a Cap &amp; Trade System, electricity rates</strong> <strong>would not</strong></em><strong> <em>necessarily skyrocket</em></strong>.&#8221; Barack Obama.</p>
<p style="text-align: center"><img class="aligncenter size-full wp-image-860" src="http://franklincountypatriots.net/wp-content/uploads/2010/07/Obama_Hates_coal.jpg" alt="Obama_Hates_coal" width="445" height="391" /></p>
<p>Coal, a fossil fuel, is the largest source of energy for the generation of electricity worldwide. We use coal-generated electricity for numerous things including: heating, cooling, cooking, transportation, farming, and industry. Coal is a versatile fuel, can be used as a solid fuel and can be converted to a gas to replace expensive imported fuels. In terms of supply, the U.S. has over 300 billion tons of recoverable coal. That&#8217;s enough to last for 300 years. At this time, coal provides 45.2% of Virginia&#8217;s power, 97.8% of West VA&#8217;s, 93.1% in Kentucky, 85.8% in Ohio, 94% in Indania and 94.5% in Wyoming.</p>
<p>In the U.S., 23 out of 25 electric power plants generated by coal have lower operating cost than those producing electricity from natural gas. This means lower costs to homeowners and businesses.</p>
<p>In 2008 Obama said, &#8220;<em><strong>What I&#8217;ve said is that we would put a Cap &amp; Trade System in place that is more &#8211; that is aggressive if not more aggressive than anybody else&#8217;s out there&#8230;so if somebody wants to build a coal-powered plant, they can, it&#8217;s just that it will bankrupt them because they&#8217;re going to be charged a huge sum for all that</strong></em> <strong><em>greenhouse gas that&#8217;s been emitted.&#8221;</em></strong></p>
<p><strong><em>While speaking to a voter in Ohio, Joe (<span style="color: #993300">foot-in-mouth</span>) Biden said firmly, &#8220;we&#8217;re not supporting clean <a href="http://deathby1000papercuts.com/2008/11/obama-and-coal-obama-policies-will-bankrupt-coalhttp://deathby1000papercuts.com/2008/11/obama-and-coal-obama-policies-will-bankrupt-coalhttp://deathby1000papercuts.com/2008/11/obama-and-coal-obama-policies-will-bankrupt-coalhttp://deathby1000papercuts.com/2008/11/obama-and-coal-obama-policies-will-bankrupt-coalhttp://deathby1000papercuts.com/2008/11/obama-and-coal-obama-policies-will-bankrupt-coalhttp://deathby1000papercuts.com/2008/11/obama-and-coal-obama-policies-will-bankrupt-coalhttp://deathby1000papercuts.com/2008/11/obama-and-coal-obama-policies-will-bankrupt-coal" target="_blank">coal</a>.&#8221;</em></strong></p>
<p>The West VA&#8217;s  Coal Association&#8217;s president and others in the coal industry say they&#8217;ve received mixed messages about Obama&#8217;s coal-fired power because both Obama and Biden have stated they would support finding cleaner ways to burn coal. <span style="color: #ff6600"><span style="color: #993300"><strong>Let me clear</strong></span> </span><span style="color: #ff6600"><span style="color: #993300"><strong>that up for you&#8230;&#8230;</strong></span> </span></p>
<p style="text-align: center"><img class="aligncenter size-full wp-image-859" src="http://franklincountypatriots.net/wp-content/uploads/2010/07/clean-coal-politician.jpg" alt="clean-coal politician" width="510" height="397" /></p>
<p>Obama has said he wants to bankrupt the coal industry and it has been reported that no new coal mining permits have been issued since he took office. His plans for coal mining would place tens of thousands out of work. In Pennsylvania there are 264 mines, 282 mines in West VA, Kentucky has 417 and Virginia with 118. <strong><span style="color: #993300">That&#8217;s a lot of jobs</span><span style="color: #993300">! Obama must feel  it&#8217;s okay to add a few</span> <span style="color: #993300">extra</span></strong><span style="color: #993300"> <strong>thousand to the unemployment lines as long as his socialistic agenda gets passed</strong>.</span></p>
<p><strong><span style="color: #993300">I&#8217;ll be the first to say Obama has a team of writers who know how to manipulate and sugar coat the facts, But the truth is, if you</span> <span style="color: #993300">take a cow pattie and sugar coat it, in the end&#8230;. it&#8217;s still dung</span>.</strong></p>
<p><strong>For even more information on the Cap &amp; <span style="text-decoration: line-through;">Trade</span> Tax system please go <a href="http://franklincountypatriots.net/2009/09/08/200/" target="_blank">here</a> .</strong></p>
<p><strong> </strong></p>
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		<title>Largest Tax Hike In History</title>
		<link>http://franklincountypatriots.net/2010/07/06/largest-tax-hike-in-history/</link>
		<comments>http://franklincountypatriots.net/2010/07/06/largest-tax-hike-in-history/#comments</comments>
		<pubDate>Tue, 06 Jul 2010 15:12:51 +0000</pubDate>
		<dc:creator>dana</dc:creator>
				<category><![CDATA[Spending]]></category>
		<category><![CDATA[Taxation]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Tax]]></category>

		<guid isPermaLink="false">http://franklincountypatriots.net/?p=864</guid>
		<description><![CDATA[ 
In 6 months, the largest tax hike in the history of American will take effect. They will hit families and small busineses in 3 tidal waves on Janurary 1, 2011.

First Wave: Expiration of 2001 and 2003 Tax Relief
In 2001 and 2003, the GOP Congress enacted several tax cuts for investors, small business owners, and families. [...]]]></description>
			<content:encoded><![CDATA[<p> </p>
<p><strong>In 6 months, the largest tax hike in the history of American will take effect. They will hit families and small busineses in 3 tidal waves on Janurary 1, 2011.</strong></p>
<p><img src="http://franklincountypatriots.net/wp-content/uploads/2010/07/fullgreed21.jpg" alt="fullgreed2" width="413" height="289" /></p>
<p><em><strong>First Wave: Expiration of 2001 and 2003 Tax Relief</strong></em></p>
<p>In 2001 and 2003, the GOP Congress enacted several tax cuts for investors, small business owners, and families. These will all expire on January 1, 2011:</p>
<p><strong>Personal income tax rates will rise</strong>. The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which two-thirds of small business profits are taxed). The lowest rate will rise from 10 to 15 percent. All the rates in between will also rise. Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates. The full list of marginal rate hikes is below:</p>
<p>- The 10% bracket rises to an expanded 15%<br />
- The 25% bracket rises to 28%<br />
- The 28% bracket rises to 31%<br />
- The 33% bracket rises to 36%<br />
- The 35% bracket rises to 39.6%</p>
<p><strong>Higher taxes on marriage and family</strong>. The “marriage penalty” (narrower tax brackets for married couples) will return from the first dollar of income. The child tax credit will be cut in half from $1000 to $500 per child. The standard deduction will no longer be doubled for married couples relative to the single level. The dependent care and adoption tax credits will be cut.</p>
<p><strong>The return of the Death Tax.</strong> This year, there is no death tax. For those dying on or after January 1, 2011, there is a 55 % top death tax rate on estates over $1 million. A person leaving behind two homes and a retirement account could easily pass along a death tax bill to their loved ones.</p>
<p><img class="size-full wp-image-877 alignleft" src="http://franklincountypatriots.net/wp-content/uploads/2010/07/imagesunclesammoney.jpg" alt="imagesunclesammoney" width="112" height="150" /></p>
<p><strong>Higher tax rates on savers and investors</strong>. The capital gains tax will rise from 15 percent this year to 20 percent in 2011. The dividends tax will rise from 15 percent this year to 39.6 percent in 2011. These rates will rise another 3.8 percent in 2013.</p>
<p><em><strong>Second Wave: Obamacare</strong></em></p>
<p><strong>There are over twenty new or higher taxes in Obamacare</strong>. Several will first go into effect on January 1, 2011. They<a href="http://www.jpfo.org/pdf03/atr-totalhealthtaxes.pdf" target="_blank"> include:</a></p>
<p><strong>The “Medicine Cabinet Tax”</strong> Thanks to Obamacare, Americans will no longer be able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin).</p>
<p><strong>The “Special Needs Kids Tax”</strong> This provision of Obamacare imposes a cap on flexible spending accounts (FSAs) of $2500 (Currently, there is no federal government limit). There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C. (<strong>National Child Research Center) </strong>can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education.</p>
<p><span> </span></p>
<p><span><a href="http://ncrcpreschool.org/page.php?pid=11http://ncrcpreschool.org/page.php?pid=11http://ncrcpreschool.org/page.php?pid=11"></a></span></p>
<p><strong>The HSA Withdrawal Tax Hike</strong>. This provision of Obamacare increases the additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10 percent.</p>
<p><strong><em>Third Wave: The Alternative Minimum Tax and Employer Tax Hikes</em></strong></p>
<p>When Americans prepare to file their tax returns in January of 2011, they’ll be in for a nasty surprise—the AMT won’t be held harmless, and many tax relief provisions will have expired. The major items include:</p>
<p><strong>The AMT will ensnare over 28 million families</strong>, up from 4 million last year. According to the left-leaning <strong><a href="http://www.taxpolicycenter.org/numbers/displayatab.cfm?DocID=2702" target="_blank">Tax </a>Policy Center</strong>, Congress’ failure to index the AMT will lead to an explosion of AMT taxpaying families—rising from 4 million last year to 28.5 million. These families will have to calculate their tax burdens twice, and pay taxes at the higher level. The AMT was created in 1969 to ensnare a handful of taxpayers.</p>
<p><img class="size-full wp-image-883 alignright" src="http://franklincountypatriots.net/wp-content/uploads/2010/07/a69d55463be0bb52getyou.jpg" alt="a69d55463be0bb52getyou" width="105" height="145" /></p>
<p><strong>Small business expensing</strong> will be slashed and 50% expensing will disappear. Small businesses can normally expense (rather than slowly-deduct, or “depreciate”) equipment purchases up to $250,000. This will be cut all the way down to $25,000. Larger businesses can expense half of their purchases of equipment. In January of 2011, all of it will have to be “depreciated.”</p>
<p><strong>Taxes will be raised</strong> on all types of businesses. There are literally scores of tax hikes on business that will take place. The biggest is the loss of the “research and experimentation tax credit,” but there are many, many others. Combining high marginal tax rates with the loss of this tax relief will cost jobs.</p>
<p><strong>Tax Benefits for Education and Teaching Reduced</strong>. The deduction for tuition and fees will not be available. Tax credits for education will be limited. Teachers will no longer be able to deduct classroom expenses. Coverdell Education Savings Accounts will be cut. Employer-provided educational assistance is curtailed. The student loan interest deduction will be disallowed for hundreds of thousands of families.</p>
<p><strong>Charitable Contributions from IRAs no longer allowed</strong>. Under current law, a retired person with an IRA can contribute up to $100,000 per year directly to a charity from their IRA. This contribution also counts toward an annual “required minimum distribution.” This ability will no longer be there.</p>
<p style="text-align: center"><img class="aligncenter size-full wp-image-885" src="http://franklincountypatriots.net/wp-content/uploads/2010/07/Funny-Obama-Cartoons-The-Money-Tree2.jpg" alt="Funny-Obama-Cartoons-The-Money-Tree" width="600" height="426" /></p>
<p style="text-align: center"> </p>
]]></content:encoded>
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		<title>News on The Audit The Fed Bill</title>
		<link>http://franklincountypatriots.net/2009/11/23/news-on-the-audit-the-fed-bill/</link>
		<comments>http://franklincountypatriots.net/2009/11/23/news-on-the-audit-the-fed-bill/#comments</comments>
		<pubDate>Mon, 23 Nov 2009 23:35:08 +0000</pubDate>
		<dc:creator>erikkritter</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Audit The Fed]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Money Supply]]></category>
		<category><![CDATA[Ron Paul]]></category>

		<guid isPermaLink="false">http://franklincountypatriots.net/?p=463</guid>
		<description><![CDATA[On Monday, Congressman Paul appeared on CNBC to respond to critics of Audit the Fed and to discuss the true causes of the economic crisis, the failure of the Fed to keep the dollar stable, and the need to know who is receiving our money.


Dr. Paul also spoke at a recent &#8220;End The Fed&#8221; Rally [...]]]></description>
			<content:encoded><![CDATA[<p>On Monday, Congressman Paul appeared on CNBC to respond to critics of Audit the Fed and to discuss the true causes of the economic crisis, the failure of the Fed to keep the dollar stable, and the need to know who is receiving our money.</p>
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<p>Dr. Paul also spoke at a recent &#8220;End The Fed&#8221; Rally in Texas.</p>
<p><object width="480" height="295"><param name="movie" value="http://www.youtube.com/v/E7KhPUG7C0I&#038;hl=en_US&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/E7KhPUG7C0I&#038;hl=en_US&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="295"></embed></object></p>
<p><object width="480" height="295"><param name="movie" value="http://www.youtube.com/v/h5eXhBP5Qjo&#038;hl=en_US&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/h5eXhBP5Qjo&#038;hl=en_US&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="295"></embed></object></p>
<p><object width="480" height="295"><param name="movie" value="http://www.youtube.com/v/n7UFid4xHRE&#038;hl=en_US&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/n7UFid4xHRE&#038;hl=en_US&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="295"></embed></object></p>
]]></content:encoded>
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		<item>
		<title>Federal Problem Creation</title>
		<link>http://franklincountypatriots.net/2009/11/11/federal-problem-creation/</link>
		<comments>http://franklincountypatriots.net/2009/11/11/federal-problem-creation/#comments</comments>
		<pubDate>Wed, 11 Nov 2009 17:48:18 +0000</pubDate>
		<dc:creator>erikkritter</dc:creator>
				<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://franklincountypatriots.net/?p=439</guid>
		<description><![CDATA[
Economist Peter Schiff, journalist John Stossel and Judge Andrew Napolitano discuss how government interventions routinely make matters worse. 
]]></description>
			<content:encoded><![CDATA[<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="500" height="315" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/yHrMCVcTn28&amp;hl=en&amp;fs=1&amp;color1=0x2b405b&amp;color2=0x6b8ab6&amp;border=1" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="500" height="315" src="http://www.youtube.com/v/yHrMCVcTn28&amp;hl=en&amp;fs=1&amp;color1=0x2b405b&amp;color2=0x6b8ab6&amp;border=1" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
<p><span>Economist Peter Schiff, journalist John Stossel and Judge Andrew Napolitano discuss how government interventions routinely make matters worse. </span></p>
]]></content:encoded>
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		<title>New Bob Basso Video!</title>
		<link>http://franklincountypatriots.net/2009/10/15/new-bob-basso-video/</link>
		<comments>http://franklincountypatriots.net/2009/10/15/new-bob-basso-video/#comments</comments>
		<pubDate>Fri, 16 Oct 2009 03:19:41 +0000</pubDate>
		<dc:creator>erikkritter</dc:creator>
				<category><![CDATA[History]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Tea Party]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://franklincountypatriots.net/?p=374</guid>
		<description><![CDATA[Another Gem!

]]></description>
			<content:encoded><![CDATA[<p>Another Gem!</p>
<p><object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/Ri1b8j8gG5A&#038;hl=en&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/Ri1b8j8gG5A&#038;hl=en&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object></p>
]]></content:encoded>
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		<slash:comments>2</slash:comments>
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		<title>Glenn Beck: The Demise of the Dollar—The One Thing: 10-06-09</title>
		<link>http://franklincountypatriots.net/2009/10/07/glenn-beck-the-demise-of-the-dollar%e2%80%94the-one-thing-10-06-09/</link>
		<comments>http://franklincountypatriots.net/2009/10/07/glenn-beck-the-demise-of-the-dollar%e2%80%94the-one-thing-10-06-09/#comments</comments>
		<pubDate>Thu, 08 Oct 2009 00:31:47 +0000</pubDate>
		<dc:creator>erikkritter</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Spending]]></category>
		<category><![CDATA[Glen Beck]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Money Supply]]></category>

		<guid isPermaLink="false">http://franklincountypatriots.net/?p=362</guid>
		<description><![CDATA[Glen Beck has yet another honest discussion of the mess we are in.  This is hard hitting!


And a little from Robert Kiyosaki on the current mess.

]]></description>
			<content:encoded><![CDATA[<p>Glen Beck has yet another honest discussion of the mess we are in.  This is hard hitting!</p>
<p><object width="500" height="405"><param name="movie" value="http://www.youtube.com/v/eSSMaxVf_QQ&#038;hl=en&#038;fs=1&#038;border=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/eSSMaxVf_QQ&#038;hl=en&#038;fs=1&#038;border=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="500" height="405"></embed></object></p>
<p><object width="500" height="405"><param name="movie" value="http://www.youtube.com/v/_Dr6iK3MaoU&#038;hl=en&#038;fs=1&#038;border=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/_Dr6iK3MaoU&#038;hl=en&#038;fs=1&#038;border=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="500" height="405"></embed></object></p>
<p>And a little from Robert Kiyosaki on the current mess.</p>
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		<item>
		<title>Why the Meltdown Should Have Surprised No One</title>
		<link>http://franklincountypatriots.net/2009/09/24/why-the-meltdown-should-have-surprised-no-one/</link>
		<comments>http://franklincountypatriots.net/2009/09/24/why-the-meltdown-should-have-surprised-no-one/#comments</comments>
		<pubDate>Fri, 25 Sep 2009 01:44:24 +0000</pubDate>
		<dc:creator>erikkritter</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Money Supply]]></category>
		<category><![CDATA[Peter Schiff]]></category>

		<guid isPermaLink="false">http://franklincountypatriots.net/?p=337</guid>
		<description><![CDATA[The guy giving this lecture is Peter Schiff son of Irwin Schiff the famous tax protester. He was an economic adviser to Ron Paul during his 2008 presidential campaign. He is also the founder and owner of EuroPacific Capital.  He also predicted the current economic crisis.
The 2009 Henry Hazlitt Memorial Lecture, presented by Peter Schiff. [...]]]></description>
			<content:encoded><![CDATA[<p>The guy giving this lecture is <a href="http://www.schiffforsenate.com" target="_blank">Peter Schiff</a> son of <a href="http://en.wikipedia.org/wiki/Irwin_Schiff" target="_blank">Irwin Schiff</a> the famous tax protester. He was an economic adviser to Ron Paul during his 2008 presidential campaign. He is also the founder and owner of EuroPacific Capital.  He also predicted the current economic crisis.<br />
The 2009 Henry Hazlitt Memorial Lecture, presented by Peter Schiff. Recorded at the annual Austrian Scholars Conference, Ludwig von Mises Institute, 13 March 2009.<br />
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