The Federal Reserve Bank continues to screw America into the ground

Here is the Fed chairs announcement:

The Story via CNN.COM:

NEW YORK (CNNMoney) — The Federal Reserve announced plans to unleash more stimulus Thursday, in its third attempt at a controversial program to rev up the U.S. economy.
The policy, known as quantitative easing and often abbreviated as QE3, entails buying $40 billion in mortgage-backed securities each month. The end date remains up in the air, as the Fed will re-evaluate the strength of the economy in coming months.
The Fed is wasting no time. The purchases begin Friday and are expected to add up to only $23 billion for the remainder of September.
The bond-buying policy “should put downward pressure on longer-term interest rates, support mortgage markets, and help to make broader financial conditions more accommodative,” the Fed’s official statement said.
Meanwhile, the Fed will continue its existing policy known as Operation Twist. Together the two programs will add $85 billion in long-term bonds to the Fed’s balance sheet each month.

Now what effect will this have on our money supply?

Ryan W. McMaken writing over at Lew Rockwell’s blog correctly observes:

The effect of this will be:
Even less saving going on than is happening now. Why do the lending institutions need more liquidity? Because there are no real life loanable funds in the first place. No one is putting money in depository institutions, for example, because interest rates are at rock-bottom levels, but also because people have no excess money to save. So, the Fed is creating fake loanable funds through the purchase of the MBSs. Much of this will probably be newly-created money.
It will maintain the focus on consumer spending rather than investment. The idea is to keep people spending on real estate. Thus, less will be spent on business investment.
People will incur more debt.
We’ve heard for years from some incorrigible economists that what we need is the Fed to pump up the real estate market to get people spending again. Their answer is: more debt, more spending, less savings and investment.
This is what has been happening for years to no avail, of course, and the Fed is now just turning it up a notch. I’m sure recovery is right around the corner.
The definition of insanity/Keynesianism: Doing the same thing over and over and expecting a different result.

A-farking-men. This is what happens, when you elect the same very idiots, who screwed the housing markets squarely into the ground. People that voted for this sort of Government, get exactly what is coming to them and the sort of Government that they voted for. Who the heck ever heard of printing money, that you do not even have to print? It is the textbook case of utter insanity.

I will say this; if Mitt Romney loses this election and the way recent events have turned out, he just might lose —- and this Nation goes into the crapper, because Conservatives and the Republican Party decided to pick a safe candidate. Then the Republican Party should be shut down for good and a new Conservative Party formed. Others have said it, I know and they are absolutely correct.

This stuff right here is the very reason why I hung it up with the Democratic Party and stopped voting for them and supporting them. I am not a millionaire or even someone with any sort of money at all. Hell, I have been unemployed for 8 damned years. However, I do know stupidity, when it see it; and it is on full display here. Only insane people would do stuff like this, and try to rev up the economy. The solution is to let the free-market work and do its job, not stick a statist finger in it.

Also too; as much as I am not a big fan of weaving ads into my blog postings. I believe this one is important. This would be a good time as any to get into Gold, Silver and other metals. I deal with two companies that sell the stuff. Their banners are below and they both come highly recommended.

They are:

and…:

Current Prices:

It would be absoutely insane not to get into at least some sort of Gold or other precious metal investment.

Others: Michelle Malkin, Newsy, Guardian, LewRockwell.com Blog and Real Time Economics — Blogger Roundup at Memeorandum.com

Say what? — Mike Tyson: ‘I want to sing and dance in musicals’

I do believe I have heard it all.

Former heavyweight world champion Mike Tyson says he wants to “dance and sing” in musicals as his next challenge.
“I want to dance and sing. I want to do some dancing and singing musicals,” Tyson saids during a visit to Hong Kong when asked what he wanted to do with his life next.
The 46-year-old Hall of Fame boxer who served time in jail for rape and infamously bit off part of Evander Holyfield’s ear during a fight in 1997, said he now just wanted to “hang out and entertain”.
via Mike Tyson: ‘I want to sing and dance in musicals’ – Telegraph.

Now, at the risk of sounding like a “RAAAACIST” — this comes to mind, for some reason.

Followup to Previous Posting

Earlier yesterday evening, I wrote that I was basically distancing myself from some on the right.

I want to be clear; I am simply talking about the secular hatemongers over at the blog I mentioned. I did not mean from my personal Conservative convictions, nor my Christian values.

I just wanted to make that clear. I won’t associate with those who are anti-religion or Anti-American Conservative types. Which is what I am, which is why they hate me.

Just letting you all know.

My Thoughts on the situation in Egypt and Libya

I remember seeing this news breaking early this morning, before I finally drifted off to sleep. I remember thinking to myself, “oh crap…” and thinking, here we go again, another situation in the middle east.

At first, I heard it was over a lamely produced Movie trailer, which was produced by someone claiming to be a Israeli Jew — who might not even be a Jew after all; then I hear it might be a coordinated attack in retaliation over the number 2 of Al-Qaeda’s being killed.

Meanwhile, an couple of Americans are dead today. Their bodies being drug through the streets in some God-forsaken Country. What does our President do? Act like some aloof jackass, who cannot be bothered with the situation. As for Romney, he takes advantage of the Situation and points out that this President’s foreign policy has been a utter failure. In response, the media tries to portray Mitt Romney as not ready for Prime time. A typical tactic that was used on John McCain as well. Not to mention the fact that the media is coordinating to try to tear down Romney in this election.

I could sit here and yowl on about this shows that America and Judeo-Christian Values are under attack by Islam and Muslims. However, I believe most of you, that read this blog already know this. Whatever the cause of these American Embassies being attacked, it is a tragic thing.

However, as a Non-Wilsonian Conservative, allow me to float this idea. Could this be a piece of living, in color, proof that the United States of America ought to just withdraw from these Countries and not have American Embassies in those Country? Perhaps that this is one of the signs that America needs to stop kowtowing down to the United Nations and stop trying to be the world’s policeman. Perhaps we should stop getting involved in the affairs of other Nations. Perhaps we should being to restrict our immigration polices more and stop allowing a free flow of Muslims into this Country.

Perhaps we as a Nation need to take a second look at the practice of Islam and how it is intolerant to other Religion and to criticism; and possibly pass laws banning the Religion in this Country, on grounds it is threat to Nation security. After all, this attack happened one day after the 11 year anniversary of the terrorist attacks in NYC and at the Pentagon, and Shakesville, Pa.

Again, is it wrong to ask such questions? I am not hating on any religion of any sort. I am looking at the protection of our Republic and all I really know, is that foreign citizens have killed Americans working abroad; this is unacceptable and something needs to be done. However, with the current leadership in the White House, nothing will be done, at all. Yes, I know, Military has been dispatched; at this point, that is nothing more than window dressing and buttocks covering by the White House. The truth is, that once again, leadership in the White House has failed us.

This is why we must vote differently, come November.

Cutting bait with some on the right.

I hate to even write about this. But, because I think it needs to be said — I am going to say it.

As of now, I disassociate myself with most of the so-called “right.” A little performance tonight by one of the citizens over at Ace of Spades HQ’s yahoo group, confirmed what I have believed about that part of the so-called “right”. They’re just a bunch of secular hatemongers.

I’ve linked to Ace of Spades HQ before, no more. Pam Geller was right about that crowd. I wish then, that I had listened and just stopped associating myself with them. But, I do try to get along with everyone. Well, no more. I have decided that getting along is just not something that can be done with those who make it their business to smear and degrade you.

So, as of today; this blog will be only linking to news sites and friendly blogs.

I am also going through the blogroll and getting rid of sites that associate with Ace and his group of haters.

Videos: Obama in his own words

I saw this over at HotAir.com and I thought I would share it here:

Not that this is anything new really. I have been writing about this crap sack’s lies since 2007 on my old blog.

Here are some more of Obama’s lies:

and they wonder why Joe Wilson said this:

Welcome to reality Democrats! This is what you elected and what you are about to be stuck with, when he LOSES!

Vote for Mitt Romney, he might not be perfect; However he will tell us the truth — whether we like it or not.

Porn Pictures: NAKED Chicks!

Seeing that hits around here are so low, I figure I would do something to bring up traffic around here.

So, I will forego the normal Christian Morals on this blog with pictures of completely NAKED chicks!

Warning! These photos are EXTREMELY not safe for work, Christians, and moral people!

Pictures are after the jump.

Continue reading “Porn Pictures: NAKED Chicks!” →

September 11, 2001 – 11 years later – may we never forget

The people that died on that day, died for a reason. May we as Americans, never forget that reason. To do that, would disgrace the memories of those what perished on that fateful day.

May we never, ever, forget…..

I may write more later. But, for now. I, like everyone else — Pause.

Amazing Graph: College grads moving back home

So Sad, but very true. (via College @ Home)

Marxist Filmmaker Rick Denny chides me for being a capitalist

I thought I would share this little humorous story with you. From time to time I get requests for promotion on films and such. Well, a Rick Denny contacted me via my old blog for a request to help promote a film. The film is on oil exploration here in America. Here is the original e-mail from this man:

Delivered-To: chuckk8cpa@gmail.com Received: by 10.58.68.39 with SMTP id s7csp79493vet; Sun, 9 Sep 2012 12:29:05 -0700 (PDT) Received: by 10.50.160.228 with SMTP id xn4mr13220979igb.1.1347218944402; Sun, 09 Sep 2012 12:29:04 -0700 (PDT) Return-Path: Received: from rainy.privatestratus.com (rainy.privatestratus.com. [50.28.94.19]) by mx.google.com with ESMTPS id cw2si20171291icc.88.2012.09.09.12.29.04 (version=TLSv1/SSLv3 cipher=OTHER); Sun, 09 Sep 2012 12:29:04 -0700 (PDT) Received-SPF: pass (google.com: best guess record for domain of k8cpa@rainy.privatestratus.com designates 50.28.94.19 as permitted sender) client-ip=50.28.94.19; Authentication-Results: mx.google.com; spf=pass (google.com: best guess record for domain of k8cpa@rainy.privatestratus.com designates 50.28.94.19 as permitted sender) smtp.mail=k8cpa@rainy.privatestratus.com Received: from k8cpa by rainy.privatestratus.com with local (Exim 4.77) (envelope-from ) id 1TAnBn-0003vm-OK for chuckk8cpa@gmail.com; Sun, 09 Sep 2012 15:29:03 -0400 To: chuckk8cpa@gmail.com Subject: [Political Byline] Contact Me Date: Sun, 9 Sep 2012 19:29:03 +0000 From: Rick Denny Message-ID: X-Priority: 3 X-Mailer: PHPMailer 5.2.1 (http://code.google.com/a/apache-extras.org/p/phpmailer/) Reply-To: seerasylum@gmail.com MIME-Version: 1.0 Content-Transfer-Encoding: 8bit Content-Type: text/plain; charset="UTF-8" X-AntiAbuse: This header was added to track abuse, please include it with any abuse report X-AntiAbuse: Primary Hostname - rainy.privatestratus.com X-AntiAbuse: Original Domain - gmail.com X-AntiAbuse: Originator/Caller UID/GID - [655 652] / [47 12] X-AntiAbuse: Sender Address Domain - rainy.privatestratus.com
Name: Rick Denny
Email: seerasylum@gmail.com
Website: http://www.AllAmericanOilProject.com
Message: Regarding: ALL AMERICAN OIL (Documentary in Pre-Pro)
Good morning;
I’m reaching out to any and all of like mind and concern who have a national following, asking for support in our efforts in producing our Documentary titled ALL AMERICAN OIL.
This is an Independent, Non-Profit Educational Documentary (intended for national broadcast distribution) being produced under the 501c3 covering of the IFP (www.ifp.org). Our budget is just under $200K; all donations to the project are tax deductible.
As Producer, Director and Interviewer for this production, I am donating my time to this project and will take no income from the budget.
We will be focusing our lens on the hardworking, middle American’s who live, work and play in the clean and charming oil town of Van,Texas. We have been contractually granted unfettered access to all township properties and personnel by city council and Attorney, and not one citizen we have contacted has declined access to property or to be interviewed. It is noteworthy that some years back Katie Couric’s producers contacted the town leaders requesting to film a piece there, and they flatly declined that National Broadcasts request. — This project they believe has merit and benefit for all American’s.
Additionally, we will be interviewing leading experts in relevant fields, and have to date garnered commitments from The Brookings Institute and the Institute for Energy Research, both highly regarded institutes located in Washington DC.
PREMISE / OUTLINE
1. We have enough oil (Proven Reserves) to supply our nations needs for the next 200 years
2. Oil producers are competent at extracting oil safely when held to a high standard (as evidenced in the town of Van, Texas)
3. We need the cost of petroleum products to come down; sky rocketing prices are crushing middle-America
4. We need a flush of high paying, enduring career jobs.
5. We are still buying approximately 45% of our nations crude oil from other countries.
6. The Department of Energy was created in 1977 to promote energy independence. With an operational budget in excess of $24 Billion, why have they continued to fail us and their mission?
Please visit our dedicated site (presently undergoing revision and updates).
www.AllAmericanOilProject.com
Rick Denny
Seer Asylum Studio
Time: Sunday September 9, 2012 at 2:29 pm
IP Address: 166.249.195.179
Contact Form URL: http://politicalbyline.com/contact-me/
Sent by an unverified visitor to your site.

Well, anyhow, I sent a reply back explaining my situation:

MIME-Version: 1.0 Received: by 10.58.68.39 with HTTP; Sun, 9 Sep 2012 12:41:17 -0700 (PDT) In-Reply-To: References: Date: Sun, 9 Sep 2012 15:41:17 -0400 Delivered-To: chuckk8cpa@gmail.com Message-ID: Subject: Re: [Political Byline] Contact Me From: Patrick Adkins To: seerasylum@gmail.com Content-Type: multipart/alternative; boundary=047d7b6723d64967dd04c94a06e7
--047d7b6723d64967dd04c94a06e7 Content-Type: text/plain; charset=ISO-8859-1
In a Capitalistic Society, if you want promotion, you pay for it.
My current blog is here:
http://www.thoughtsandrantings.com
There are ad slots available, in case you are too lazy to find them, they are here:
http://www.adbrite.com/mb/commerce/purchase_form.php?opid=2208326&afsid=1
http://www.adbrite.com/mb/commerce/purchase_form.php?opid=2209290&afsid=1
http://www.adbrite.com/mb/commerce/purchase_form.php?opid=2209286&afsid=1
There is no such thing as a free lunch and I do not write about nor promote anything outside of my personal writings on my blogs.
In this economy and the fact that I have not worked in 8 years, I just cannot afford to give away anything anymore. I pay over $80 a year for hosting and for my 3 domains, that money usually comes from my parents, as I am not working. Put simply, this blog is not making enough revenue for me to just give anyone free promotion.
I hope you understand, and I apologize for the terse tone. But, this is one of my pet peeves with blog. People that want a free ride.
Thank You,
*-Charles Patrick Adkins Owner KJV Hosting and Web Design Inc. http://www.kjvhost.com My Personal Blog: http://www.thoughtsandrantings.com My Old Blog: http://www.politicalbyline.com "A Fraternal Member of the Bitter and Clingy Club!" * * * *P.S. Before you ask, the business "KJVHost" is inactive. Due to lack of investment capital. *

This was this jokers response back to me:

Delivered-To: chuckk8cpa@gmail.com Received: by 10.58.68.39 with SMTP id s7csp85691vet; Sun, 9 Sep 2012 13:46:39 -0700 (PDT) Return-Path: Received-SPF: pass (google.com: domain of seerasylum@gmail.com designates 10.58.79.2 as permitted sender) client-ip=10.58.79.2 Authentication-Results: mr.google.com; spf=pass (google.com: domain of seerasylum@gmail.com designates 10.58.79.2 as permitted sender) smtp.mail=seerasylum@gmail.com; dkim=pass header.i=seerasylum@gmail.com Received: from mr.google.com ([10.58.79.2]) by 10.58.79.2 with SMTP id f2mr17981764vex.31.1347223599723 (num_hops = 1); Sun, 09 Sep 2012 13:46:39 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=20120113; h=mime-version:in-reply-to:references:date:message-id:subject:from:to :content-type; bh=BZ9m0L3DuTWqqb4SJqCQqXi33MOAks16HUo+A8tvRfM=; b=Dyxwm+oZGS45/BqgLUNplYqjqFBC5PaQfKeVw2S4bG0RMM7ug0rBrleqGBNoOV8JWk exS3q4X0ToOyiHne1C8Fn1WcOy2CwsiNCWYQUvavlhYXjp6rL30gRfiunv/aER5p2QW/ oFdlIFzJ8CpiHrcr8TSE20ubT7eFRmg0VZxGlEezgtVh5IdPdC9nNIDPIJcg+bZEEdek 3w0jJM8fnz2ET+KGtAgB/net1qeVFlrrIGC474SWwnGKV2DqwVbYm5Rlcjze7WPyxFso 3Ar8xpZubByPEzjrYs55yQBbbFvWy7DRYM5bT56UyuiV7KSH2pbbXxOHaIUDeR4DMfNL MANA== MIME-Version: 1.0 Received: by 10.58.79.2 with SMTP id f2mr17981764vex.31.1347223599718; Sun, 09 Sep 2012 13:46:39 -0700 (PDT) Received: by 10.220.217.75 with HTTP; Sun, 9 Sep 2012 13:46:39 -0700 (PDT) In-Reply-To: References: Date: Sun, 9 Sep 2012 15:46:39 -0500 Message-ID: Subject: Re: [Political Byline] Contact Me From: Rick Denny To: Patrick Adkins Content-Type: multipart/alternative; boundary=047d7b5d65081820d504c94af0b9
--047d7b5d65081820d504c94af0b9 Content-Type: text/plain; charset=ISO-8859-1
Your greed is showing. We have no need of you.
[image: logo] *Rick Denny** Seer Asylum Studio * click here for info

This is what I wrote back:

MIME-Version: 1.0 Received: by 10.58.68.39 with HTTP; Sun, 9 Sep 2012 13:50:43 -0700 (PDT) In-Reply-To: References: Date: Sun, 9 Sep 2012 16:50:43 -0400 Delivered-To: chuckk8cpa@gmail.com Message-ID: Subject: Re: [Political Byline] Contact Me From: Patrick Adkins To: Rick Denny Content-Type: multipart/alternative; boundary=047d7b86e2a4a47e9e04c94afecd
--047d7b86e2a4a47e9e04c94afecd Content-Type: text/plain; charset=ISO-8859-1
....and your leftist roots are showing too. and guess what? I am going to blog about this, and show just what sort of two-bit phony you really are.
Greed my ass.
-Pat

Furthermore, this jackass accuses me of being greedy. I suppose that being unemployed for 8 solid years and simply requesting that this guy pay for advertising, on my blog, like I would ask everyone else, is greedy. This is clear sign of Marxism, wanting something for nothing, which is a-typical of the liberal left. I have zero clue who is behind this project; but I would advise them to reassess who it is that is working on this film project. Because the last time I checked requesting someone to pay for advertising is standard operating procedure.

Also to Rick Denny; I will be e-mailing this blog posting to the other Conservative bloggers and letting them know, just how you truly feel about having to actually pay for advertising, so they will not have to bother with even promoting your little phony conservative film.

This goes well beyond politics, this is a attempt to pass something off, as something that it is not. This is nothing more than a Marxist trying sell goods to Conservatives, on the cheap.

Just thought you all would like to know.