IRS Probe PRT 2

REP. Trey Gowdy asked how in the hell can the President of the United States prejudge an investigation and saying there is not a smidgen of evidence towards the IRS criminal conduct, he even said this on national television before the witnesses testify before the console.  So with that REP. Trey Gowdy calls for Special Console.  What's that Mr. Gowdy, some groups have been targeted for the teachings of The Constitution of The United States of America?  

It's because of this fine framework you can view or even read this!  This country America does not want a king, (monarchy) this was formed around a Republic, not a Democracy.  A Republic is a representative government ruled by law, the Constitution.  In which power is exercised by the public at large and affairs of state are a concern of the public. That the government be "bound by fixed laws, which the people have a voice in making and a right to defend."  John Adams proceeded to develop his thoughts, culminating in 1787 with the "true and only true definition of a republic, a government in which all men, rich and poor, magistrates and subjects, officers and people, masters and servants, the first citizen and the last, are equally subject to the laws"  

A democracy is a direct government ruled by the majority, a mob rule.  Democracy contrasts with forms of government where power is either held by one person, as in a monarchy, or where power is held by a small number of individuals, as in an oligarchy.     

IRS Targeting of Conservative Groups;  Mr. Gowdy ask, "don't know why in the hell the President would prejudge an investigation".

New Republic Of Texas




The O’Reilly Factor 

Here's that interview of President Obama that has REP. Trey Gowdy questioning Obama's judgment of the IRS investigation.  “These kinds of things keep on surfacing, in part because you and your TV station will promote them,” Obama said, taking aim at Fox News. The segment about the IRS starts at 6:39 but this whole interview is excellent, one for the books. Bill O'Reilly sits down with President Obama at the White House to discuss the IRS scandal, Benghazi, the Affordable Care Act and the Super Bowl. 

FOX Sports 

IRS Probe PRT 1

Things a really heating up for the Obama administration and their plate is already full.  During a hearing of the House Oversight And Government Reform Committee on the IRS’ alleged targeting of conservative groups applying for tax-exempt status.

FBI began investigating the IRS's actions as part of a criminal probe ordered by United States Attorney General Eric Holder.  This led to both political and public condemnation of the agency and triggered further investigations. Initial reports had described the targeting as nearly exclusively on conservative groups with terms such as "Tea Party" in their names.  Further investigation revealed that certain terms and themes in the applications of liberal-leaning groups and the Occupy movement had also triggered additional scrutiny.

REP. Dave Camp made a comment on 3/5/14 “I don’t fully understand why it’s taken them so long given that the president promised,” Camp said at a media roundtable hosted by the Christian Science Monitor. “He promised that he would have quick action and we still don’t have the documents from an agency that is in this administration.”

“We found that the targeting was more widespread than they had admitted. We found that it wasn't just agents in Cincinnati that were rogue agents, this actually originated in Washington, D.C.,” he said. “I don’t think a lot of the public knows that.

In this clip, you will also find the remarkable American spirit of Ms Catherine Engelbrecht founder of the King Street Patriots, who is testifying before the committee.  

Kate Midlon

Currency of Change with a Touch of Gold

Well at least they use to

In this episode guest, Egon von Greyerz of Matterhorn Asset Management in Switzerland talks about the health of the dollar and gold.

As time rolls on and this will be in our history books as to what happen to the economy around the world. It's been a play on the planet's true assets, the energy, precious metals, raw earth material and the land itself.

Our game of Monopoly (the economics) is running out of time. You can think of this as a printing press when it stops everyone on the line is trying to fix the stall and get it up and running. The planet is the only true asset of what we have to create any goods that go to market, when these materials run low we have to seek more from other areas, this can cause a war, land grab and the separation of powers that dived other countries. Printing of the money of any country only floats the boat until you can stabilize growth and a true value of a currency. Without that inflation goes through the roof and you need a wheel barrel full of money just to buy bread. No other country will accept your currency for it's worthless. True money comes from loans on interest, income, investments, taxes, trade of imports and exports and of course labor.

When your product value becomes unwanted there is no sale, many will have to close the doors, borrow money or Betty Crocker the books until the market improves, you cannot print your own money game over. So the US Dollar is in a tough spot you're already seeing inflation as life is costing more where many are making less. A country needs true assets to improve GDP without it game over. This is the largest game of chess the world has ever seen, many countries are stronger now than before and become better players on the board. Russia, China and others have already created the Eurasia Trade Zone. Russia is an energy mecca and China is a huge manufacturing giant, Asia and Europe need them both and the Yuan is the next currency in line of the dollar. China purchases 50 tons of gold every ten days and has it's own mines. 

When China goes to reset their currency to a gold standard they will be the new world currency, a currency of change with a touch of gold.  Russian companies ramped up production in both mines and gold recycling facilities, cranking out 13.4% more in the first nine months of 2013 than they did during the same period a year earlier. That puts Russia on track for an even bigger jump in gold production than the 6.8% increase in 2012. 

The world as a whole is tired of the war machine and the printing press, people are starting to wise up and want to see real earnings and real sales within the corporate industry instead of printed money floating the market. Investors are going to need to start seeing both sales and earnings growing in tandem, nearly all stocks are absurdly overvalued and headed for huge plunges dead ahead. 

RT with Max Kaiser- Episode 578 Pt 2
Channel "RT TV"

G.C.C.U.

"A Government of Wolves"

A Government of Wolves

From: NextNewsNetwork

The size of government has grown extensively over the last 100 years. This is especially true during the last 20 years. A political system once designed for the ordinary person has become intrusive and warlike, according to many critics.

Classified documents released by Julian Assange, Private Manning and Edward Snowden reveal a far different government than many Americans believed. Widespread spying on Americans and foreign leaders and citizens angered people of all political persuasions.

Government waste has always been a problem. However, revelations of warehouses of brand-new aircraft being scrapped, and other evidence of wholesale waste have created new opposition to spending.

A national mandate to buy health insurance has lost the support of a majority of young people. The President led youth -- and their premiums -- to support his law. He now appears to be losing both.

John Whitehead is a historian and author who has extensively studied American history. His latest book, "A Government of Wolves," discusses how the government has grown. In this work, Whitehead talks about the rise of government power and intrusiveness.

Whitehead is our guest on the show today.

About John Whitehead: John W. Whitehead is an attorney and author who has written, debated and practiced widely in the area of constitutional law and human rights. Whitehead's concern for the persecuted and oppressed led him, in 1982, to establish The Rutherford Institute, a nonprofit civil liberties and human rights organization whose international headquarters are located in Charlottesville, Virginia.

John Whitehead

The Rutherford Institute

NextNewsNetwork

Windows XP Goodbye Old Friend

Windows XP Goodbye Old Friend

It's over for an old friend and the internet just turned 25.  In 25 years we've come a long way from all the OS (operating systems) that were developed, now a decision needs to be made if your one of the 500 million PCs running Windows XP.  This means that after April 8th, 2014 there will be no new security updates available through automatic updating for computers that are still running Windows XP.

If you continue to use Windows XP after support ends, your computer should still work, but it will become five times more vulnerable to security risks and viruses. And as more software and hardware manufacturers continue to optimize for more recent versions of Windows, a greater number of programs and devices like cameras and printers won’t work with Windows XP.

I tell ya 500 million PCs still running XP says a lot for this OS and has been supported for 13 years (Aug 24th, 2001)  where support for an OS is only scheduled for 10 years. She'll kick for a while like someone dying but at some point, it will crash.  So what to do?  Not to worry mate many choices, some of which might turn people away from Microsoft for bailing on XP and others will upgrade.  If you like XP you will love Windows 7, its end of extended support is Jan 14th, 2020.  Look at Windows Lifecycles.  Windows XP and 7 were OS that you can go under the hood and tweak to your heart's content.  But as time rolls on will all be operating from a cloud and all you'll have is a connection and a monitor, man that ain't for me, long live the PC.  What do you want?  I'm building here, power, graphic and sound.  Forget about it!

Another worry is, will my computer run the newer OS?  So let's go out and run a diagnostic to see if your box is capable. Windows 7 Upgrade Advisor (this is only for Windows 7 upgrade from XP)

On another note of Windows OS ,many do not like 8 and 8.1 but if you like touch screen you can see if your box can run one of the 8s. Upgrade to 8 or 8.1 this is for XP users.  But I'll say it again many do not like the 8 OS.

So luck is not a factor here, you can upgrade if possible depending on your box or build a new computer and or buy one.  The other options are even a new OS altogether like Linux  or Mac.  This all depends on what software you like to run and how you like an OS to function.

Frequently Asked Questions

Anti-Virus Support  (note in the article it claims Microsoft Essentials will be supported till July 2015, this not true, after last windows update it shuts down ME. You will need new Anti-Virus software with Firewall)

Last but not lease, if one doesn't have the money for upgrades and a new computer and you do not intend on buying newer software as time rolls on I see no reason why you can't limp XP along.  Watch this video in explaining Vista and XP afterlife.  You will have to change browsers, Explorer only goes up to 8 for XP and newer versions will not run on Vista or XP.  But Chrome and or Firefox will.  

PuppyLinuxWorld

)

End Date XP

This will effect a lot of business who use software that does not run on 7 and 8, oh hell!

PC Surgeon



XP Update

5/2/14
I'll have to admit, windows XP will be in the history books of the webs frontier.  A bug hits Internet Explorer end of April and XP get's included in the patch, who loves ya?

From Microsoft's Adrienne Hall, General Manager, Trustworthy Computing, Microsoft:

The security of our products is something we take incredibly seriously, so the news coverage of the last few days about a vulnerability in Internet Explorer (IE) has been tough for our customers and for us. We believe, and take a huge amount of pride that, among widely used browsers, IE is the safest in the world due to its secure development and ability to protect customers, even in the face of cyber criminals who want to break it.

This means that when we saw the first reports about this vulnerability we said fix it, fix it fast, and fix it for all our customers. So we did. The update that does this goes live today (5/1/14) at 10 a.m. PDT.

Microsoft

Derivatives- What of it Warren?

I mean we even lost 400 million 

Derivatives typically have a large notional value.  As such, there is the danger that their use could result in losses for which the investor (Bank) would be unable to compensate.  So many vehicles riding on one underlying where the vehicles reach escape velocity, far outperforming the original value of the financial product through leveraging and the huge dependencies on counterparties.     

The possibility that this could lead to a chain reaction ensuing in an economic crisis was pointed out by famed investor Warren Buffett called them 'financial weapons of mass destruction.'  A potential problem with derivatives is that they comprise an increasingly larger notional amount of assets which may lead to distortions in the underlying capital and equities markets themselves.

If the sale on these were called on as a whole, the spread on the leveraging could not be covered, the original product is distorted, lesser value if any.  That's a very large number 700 Trillion $dollars$ and that was in 2011, were above that now.  It's known that the Banks can only cover part of the spread, hell that sounds like a Bookie! 

There have been several instances of massive losses in derivative markets, such as the following:

Two former JP Morgan Chase & Co. (JPM) employees were charged by federal prosecutors with attempting to conceal trading losses at the largest U.S. bank last year as part of a probe of its US$6.2 billion loss on derivatives bets, story became to be known as the The London Whale.

From Wikipedia:
American International Group (AIG) lost more than US$18 billion through a subsidiary over the preceding three-quarters on credit default swaps (CDSs). The United States Federal Reserve Bank announced the creation of a secured credit facility of up to US$85 billion, to prevent the company's collapse by enabling AIG to meet its obligations to deliver additional collateral to its credit default swap trading partners.

The loss of US$7.2 Billion by Société Générale in January 2008 through misuse of futures contracts.

The loss of US$6.4 billion in the failed fund Amaranth Advisors, which was long natural gas in September 2006 when the price plummeted.

The loss of US$4.6 billion in the failed fund Long-Term Capital Management in 1998.

The loss of US$1.3 billion equivalent in oil derivatives in 1993 and 1994 by Metallgesellschaft AG.

The loss of US$1.2 billion equivalent in equity derivatives in 1995 by Barings Bank.

The loss of UBS AG, Switzerland's biggest bank, suffered a US$2 billion loss through unauthorized trading discovered in September 2011.

This comes to a staggering US$46.9 billion, the majority in the last decade after the Commodity Futures Modernization Act of 2000 was passed.

What of it Warren?

Bill George

Shell Corporations made for Tax Havens

Where to put the dough after Betty Crocker Books

This will make ya feel good about going to work and paying taxes! 

Twenty-six of the most powerful American corporations – such as Boeing, General Electric, and Verizon – paid no federal income tax from 2008 to 2012, according to a new report detailing how Fortune 500 companies exploit tax breaks and loopholes.

The report, conducted by public advocacy group Citizens for Tax Justice (CTJ), focuses on the 288 companies in the Fortune 500 that registered consistent profit every year from 2008 to 2012. Those 288 profitable corporations paid an “effective federal income tax rate of just 19.4 percent over the five-year period — far less than the statutory 35 percent tax rate,” CTJ states.

One-third, or 93, of the analyzed companies, paid an effective tax rate below 10 percent in that time-span, CTJ found.

Channel "RT TV" (Full Story)

CTJ

Senate Chairman Carl Levin investigates the Credit Suisse Group on where is Americas' tax dollars from these type of corporations.  (this was created 2/26/14)

current news



The Other Side- Taxation

The insatiable big government beast wants to keep plundering to feed its crazed military industrial corporate socialist spending addiction.  If you want to get annoyed, ignore these miserly plutocrats and concentrate on how corporatist socialist government feeds big business at the expense of the little guy:  2013 subsidies to Fortune 500 companies alone totaled $63 billion!  Let’s attack that bloat and hence shrink government and taxation to deliver a bottom-up innovative economy.

Channel "RT TV" (Full Story)