Pro-Common Core Deception Falling Apart

Facing a growing avalanche of grassroots opposition from teachers, parents, and voters acr...

Bundy Ranch Family vs. Big Gov., Big Green, Big Media

The Nevada ranching family of Cliven Bundy is battling a well-funded, powerfully connected...

Downsides of Abandoning America's Manned Space Program

JBS CEO Art Thompson's weekly news video update for April 14 - 20, 2014.

Congress: Hands Off State Con-Con Rescissions

Has Michigan triggered a congressional call for an Article V convention?

Obama, Froman Use Ukraine to Push U.S.-EU Merger

U.S. Trade Representative Michael Froman calls for TTIP (Transatlantic Trade and Inve...

  • Pro-Common Core Deception Falling Apart

    Friday, April 18 2014 12:52

    Published in News

  • Bundy Ranch Family vs. Big Gov., Big Green, Big Media

    Thursday, April 17 2014 10:14

    Published in News

  • Downsides of Abandoning America's Manned Space Program

    Monday, April 14 2014 14:21

    Published in News

  • Congress: Hands Off State Con-Con Rescissions

    Saturday, April 12 2014 15:25

    Published in Legislation

  • Obama, Froman Use Ukraine to Push U.S.-EU Merger

    Wednesday, April 02 2014 08:31

    Published in News

The John Birch Society
After three years of trying to solve their self-imposed debt crisis, the Jefferson County, Alabama, commissioners threw in the towel on Wednesday and declared bankruptcy. The bankruptcy, involving over $4 billion in debts owed by the county, will be costly to the banks who loaned the money, the private investors who participated in the bond offerings, the guarantors of the debt, and most especially, the taxpayers of Montgomery. It’s already proven costly to Charles LeCroy, the JP Morgan broker who persuaded the county to refinance its debt in 2004, who was indicted by the SEC in 2009 for fraud in a separate case. And for Larry Langford, a county commissioner at the time, who was sentenced to 15 years in jail for fraud in the present case. The seeds for the bankruptcy were planted back in 1994 when the Environmental Protection Agency demanded that Jefferson County build a new sewer system. The county complied and raised money through a bond offering that generated $3 billion which was used to build the new plant. LeCroy was the original broker involved in the deal and when he moved to JPMorgan, he used his position to persuade the county to refinance the bonds at lower cost, using something called derivatives. The refinance would lower the county’s interest payments and generate some cash for the county as well. It was that offer and acceptance of a deal that looked awfully good — too good — that set the stage for the bankruptcy filing on Wednesday.  
Christine Lagarde, managing director for the International Monetary Fund (IMF), warned that the world faces the risk of a “lost decade” and that “there are dark clouds gathering in the global economy.”  
Gadhafi is now dead. After more than four decades of brutalizing the Libyan people, he died a brutal death. His convoy was hit by NATO bombs as it fled the city of Sirte. Western-backed revolutionaries finished the job, wildly shouting “Allahu Akbar” — usually translated as “God is great” — as they ripped his hair out, smashed his face in, and finally, put the fatal bullet through his skull. American officials celebrated the ghoulish announcement.  
Gadhafi was born in 1942 to poor parents outside of Sirte, Libya, a country then ruled by Italy. Raised in a tent, he eventually joined the military. And in 1969, while pro-Western Libyan King Idris was away, Gadhafi led a coalition of military officers in a bloodless coup that abolished the monarchy. After seizing power, the budding despot promptly shut down Western military bases in Libya and set up “Revolutionary Committees” to quash opposition. While working to bring in his version of Arab socialism, Gadhafi also developed a massive system of informants to silence dissent. Critics were often publicly executed. Using oil money instead of debt, Gadhafi’s regime did significantly raise Libyans’ standards of living — life expectancy and literacy rates surged. Blacks and women were also given equal “rights.” Many analysts cite the dictatorship’s socialist programs and robust welfare state as a reason he was able to cling to power for so long. Like most governments, Gadhafi ensured some level of popular support by using divide-and-conquer tactics and creating whole classes of citizens dependent on his regime’s largesse. Fear also played a key role.
Retired Army General Otto Pérez Molina won Sunday's runoff presidential election in Guatemala, seizing on voters' concerns about growing insecurity in the Central American nation. Pérez led with more than 53 percent of the vote, Guatemala's election authority said. His opponent, businessman Manuel Baldizón, garnered 46 percent of the vote. Both candidates had promised to tackle growing insecurity and the presence of Mexican drug gangs in the country, an area of special concern to the Central American nation, due to its prominence as a key transit point for drugs from South America to the United States. Pérez, a retired army general who pledged to take a tough stand on crime, was the frontrunner heading into the election. He won the most votes in the first round of voting in September. Low voter turnout was reported in Sunday's election, according to the state-run AGN news agency. The issue of security in Guatemala, which has worsened as Mexican drug cartels have stepped up operations in parts of the country, dominated the vote. In a Vox Latina national survey in July, more than two-thirds of Guatemalans said violence was what concerned them most, far outpacing the combined totals for the economy, unemployment, poverty, and lack of education. In a debate co-hosted by CNN en Español this year, Pérez called for "elite units of the army" to play a larger role in the nation's battle against gangs and drug cartels. The retired general pledged to bring a mano dura — firm hand — to Guatemala's highest office.  
Apple growers in Washington State — who produce about half of the country's apples, about 15 billion — have a bumper crop this year, among the best in the state's history. Yet many of these apples may never make it to market, because growers cannot find enough workers to pick them.  
Boy, but it was a Red October!  Polls conducted throughout the month just ended confirm that Karl Marx has won the hearts and minds of the American people.  Two of his biggest fans, the New York Times and CBS News, collaborated to find 66% of Americans agreeing that “the money and wealth in this country should be more evenly distributed.”  
Ohio voters overwhelmingly rejected health insurance mandates that represent the cornerstone of “ObamaCare,” with two thirds of the electorate voting in favor of a state constitutional amendment prohibiting mandatory participation in any health-care schemes. The ballot initiative was driven forward by a broad coalition including Tea Party groups, conservative activists, and others.  
More than 100,000 Britons have eagerly signed an e-petition on the government’s website that says immigration to the sceptr’d isle must stop before the population reaches 70 million.  And those 100,000, London's Daily Mail reported, signed the petition in less than a week.  
With yields on Italy’s 10-year government debt rising sharply higher and beyond the seven-percent ceiling deemed unsustainable, Italy is running out of options in finding buyers for its debt. It is also running out of options as a sovereign nation.  Jan Randolph, head of sovereign debt risk at IHS Global Insight, said, “Italy will not be out of the heat of bond markets until a solid and stable government actually implements austerity and undertakes reforms with strong credible leadership.” That may be asking the impossible.  
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