One of the expert witnesses testifying before Ron Paul’s Domestic Monetary Policy and Technology Subcommittee on Tuesday was Dr. Lawrence H. White, professor of Economics at George Mason University. His testimony reinforced the case for Paul’s bill, HR 1098, the “Free Competition in Currency Act of 2011” by outlining its benefits in introducing freedom of choice into the realm of currencies.
White compared competition in currencies to competition in package delivery services among Federal Express, United Parcel Service, and the U.S. Postal Service. That competition has lowered costs, accelerated delivery, increased reliability, and in general allowed better overall services to be provided for their customers. It also weeds out weak competition and rewards the most successful. He went further to explain that financial consumers today rely on banks to provide other services such as checking accounts, credit cards, and travelers checks — why not choices in currency? He noted, “Although Federal Reserve Notes … should of course be protected from counterfeiting, there is no good case for them to enjoy monopoly privileges in the market for currency.”
The Cherokee Nation is in a heap of big trouble from the top chiefs at the federal Bureau of Indian Affairs, which has fired an epistolary arrow at the nation because it sent its black members on a trail of tears.
The tribe booted out 2,800 descendants of blacks freed during the War of Northern Rebellion and given the full rights of Cherokees in 1866. Blacks, the tribe says, are not Indians. The pointed admonition from the great white city in the East ordered the tribe to let the blacks back in. A federal agency cut off a wagonload of wampum.
The Cherokees’ answer? They'll stand their ground.
The Cherokee relationship with blacks began many moons ago. Most people don't know it, but many Cherokees not only owned slaves but also fought for the Confederacy. Others sided with the Union.
North Carolina’s legislature placed the fate of marriage in that state into the hands of the citizenry on September 13 when the state Senate voted 30-16 in favor of a state constitutional amendment defining marriage as only between a man and a woman. That vote came one day after the state House approved the amendment by a 75-42 margin, setting up next May’s ballot referendum, which will require a simple majority approval by voters in order to inscribe the marriage protection measure into the state’s constitution.
“It is time for us to let the people of this state decide what they want in their constitution as far as marriage is concerned,” Republican state Senator Phil Berger challenged fellow lawmakers during floor debate on the amendment. “It may pass, it may fail. But it is time for them to make that decision about their constitution.”
As reported by Baptist Press News: “All four states that border North Carolina passed constitutional marriage amendments in 2004 or 2006, but leaders in the then-Democratic controlled North Carolina legislature blocked an amendment from even coming to a floor vote. That changed last year when Republicans took over both chambers for the first time in more than 100 years.”
The victory of conservative Republican Bob Turner in New York’s Ninth Congressional District to replace the disgraced Democrat Anthony Weiner in the House of Representatives is an indication of the political earthquake we can expect in November 2012.
This special election, which pitted Turner, a 70-year-old retired cable TV executive and pro-life Catholic, against Democratic State Assemblyman David Weprin, is a significant upset in a district that has been a Democratic stronghold since the 1920s. It can only be explained by the mounting disillusionment with Barack Obama’s policies and the inability of the Democrats in Washington to improve the economy. And since this district, which covers parts of the boroughs of Queens and Brooklyn, is the largest Jewish district in the nation, Obama’s policy toward Israel was obviously also a factor in the way people voted. Indeed, it was former Democrat mayor Ed Koch’s backing of Turner that persuaded many Jewish voters to vote Republican.
Growing dissatisfaction with the nation's economic woes appeared to trump fears of cuts to Social Security and Medicaid in special elections for U.S. House seats in New York and Nevada, as Republicans held on to a seat in a solidly Republican district in Nevada and trounced the Democrats in an overwhelmingly Democratic district in the Empire State.
Republican Bob Turner 70, a retired cable television executive, defeated better-known and better-funded New York Assemblyman David Weprin to become the first Republican elected to represent New York's 9th congressional district since 1920.
While Weprin, 55, had not conceded by early Wednesday morning, the Associated Press showed the unofficial count had Turner leading 54 to 46 percent with 84 percent of the precincts counted. The two men squared off in a special election to fill the seat vacated by Democrat Anthony Weiner, who resigned in June ....
Presidential candidate Rick Perry opined in the first Republican debate that Social Security is a “failure” and a “Ponzi scheme,” and then reiterated the charge in the second debate on Monday night. At the first debate, Perry said Social Security is a “Ponzi scheme for these young people. The idea… that the current program is going to be there for them is a lie.” When pressed by the moderator, Perry reiterated, saying Social Security is a “monstrous lie to our kids.”
On Monday night Perry refused to back down: “It is a Ponzi scheme to tell our kids that are 25 or 30 years old today, you’re paying into a program that’s going to be there. Anybody that’s for the status quo with Social Security today is involved with a monstrous lie to our kids, and it’s not right.” But in his op-ed piece in USA Today on Sunday, Perry backed off, writing instead that the system could still be salvaged somehow: “Social Security benefits for current recipients and those nearing retirement must be protected. For younger workers, we must consider reforms to make Social Security financially viable.” He failed to mention the words “Ponzi scheme” nor did he explain just what reforms would be required.
Help protect free enterprise by supporting these measures to eliminate the powerful chokehold unions have over employers and employees via the NLRB that costs our nation jobs, hurts small businesses, and discounts and undermines right-to-work states.
Voters in New York’s Ninth Congressional District are coming out today to vote for their new congressman, who will replace disgraced former Representative Anthony Weiner, a Democrat. While the seat has been held by a Democrat consistently for the past 78 years (the last Republican to represent the district was Andrew Petersen, who represented the district from 1921-1923), political analysts and pollsters have strong reason to believe that history may be made tonight if Republican candidate Bob Turner defeats his Democratic opponent, Assemblyman David Weprin.
While registered Democrats outnumber registered Republicans in the district by a three-to-one margin, polls suggest that the seat will turn Republican largely due to voter dissatisfaction with President Obama’s handling of the economy, as well as opposition among the district’s significant Jewish population to Obama’s Israel policy and support of a Ground Zero Mosque. The largely white, middle class district is also home to a predominately “Reagan Democrat” demographic, making it significantly less progressive than other districts, accounting for Turner’s surprising success in the polls. A Siena College poll on Friday, September 9th found Turner ahead with 50 percent of the vote, compared to Weprin’s 46 percent, and a Public Policy Polling poll from Monday puts Turner ahead of Weprin with 47 percent of the vote, to Weprin’s 41 percent. Dean Debnam, president of Public Policy Polling, said the president had emerged as a drag on Weprin. “If Republicans win this race on Tuesday it’s real world evidence of how unpopular Barack Obama is right now,” Debnam said in a release accompanying the survey results. “Approval polls are one thing but for the GOP to win in a heavily Democratic district like this would send a strong message about how unhappy voters are."
It’s tough to feel sorry for a billionaire who’s also a powerful politician, but once in a rare while I almost manage it. And then my sympathies extend not just to New York City’s nanny — sorry, mayor, Michael Bloomberg, but to anyone government employs, from POTUS to the lowliest, surliest bureaucrat.
Why? Because most taxpayers harbor incredibly unrealistic expectations for these mere mortals. Somehow, when a fellow citizen descends to elected or appointed office, he becomes God — or at least Superman -— to many folks.
Said official is then supposed to protect us during natural or manmade disasters, soothe our fears, supply our every need, clean our air and water, keep us healthy, educate our intractable kids, and guard us from those greedy corporations despite their lavish contributions (sic for “bribes”) to election campaigns.
In last night’s CNN/Tea Party Patriots Debate among the GOP presidential candidates, several of the hopefuls declared that the best way to stem the tide of illegal immigrants flooding over the southern border was to build a fence. Rick Santorum, Jon Hunstman, and Mitt Romney all advocated erecting a fence along the length of the border with Mexico. So ardent was Huntsman support for the idea that he accused Rick Perry of being “treasonous” for the latter’s assertion that the southern border cannot be secured.
At an earlier debate hosted by the Ronald Reagan Presidential Library in California, Minnesota Congresswoman Michelle Bachmann said that, “To not build a border or a fence on every part of that border would be an effect to yield United States sovereignty.”
As has been reported, Congressman Ron Paul was effectively shut out of last night’s debate, particularly in two areas where he has been most vociferous and controversial: the Federal Reserve and immigration.