Most Americans undoubtedly agree that the federal government cannot continue on its current spending and borrowing binge without wreaking economic havoc. But how must the binge be brought under control? One idea that has just gotten traction in the state of North Dakota is for the states to call for a constitutional convention for the purpose of proposing a National Debt Relief Amendment (NDRA) to the U.S. Constitution. On April 7, the North Dakota House of Representatives passed Senate Concurrent Resolution 4007 by a vote of 68 to 24, completing legislative action on the resolution and making their state the first in the nation to call for a constitutional convention to propose the NDRA.

On March 15, Congressman Ron Paul (R-Texas) introduced and sponsored bill H.R. 1094 — the Federal Reserve Board Abolition Act, which calls for the complete abolition of the Federal Reserve System and the Federal Reserve banks, and for the repeal of the Federal Reserve Act of 1913.

JBS CEO Art Thompson's topics this week — Dangerous National Labor Relations Board decisions; Chinese navy and Pakistan.

The statutory national debt limit, raised in late 2010 to $14.3 trillion, was exceeded in mid-May this year. There are only two choices to remedy this problem: (1) raise the debt limit; or (2) drastically and severely cut back on spending. 

JBS CEO Art Thompson's topic this week — From the Mid-East to the border, Americans influence problems for Americans.

JBS CEO Art Thompson's topic this week — Chaos in Middle East results in thousands of deaths and persecution of Christians; and we had better pay more attention to the chaos south of the border.

JBS CEO Art Thompson's topic this week — Osama Bin Laden: After 15 years of looking for this guy it raises more questions than answers; the contradictions in all of this are astounding.

JBS CEO Art Thompson's topic this week: Behind the Arab Uprising — American liberal establishment helps fuel something the militant socialists love.

Congressman Ron Paul (R-Texas) is once again fighting for real transparency regarding the Federal Reserve.

UPDATE, May 26, 2011: The House and Senate extended three provisions of the Patriot Act for four years. Currently there are nine different bills introduced in Congress, three in the House and six in the Senate, that would extend certain provisions of the Patriot Act for one to three years.