The Golden Truth: While "The Cliff" Approaches, Congress/All Federal Workers Get A Nice Pay Raise

Sunday, December 30, 2012

While "The Cliff" Approaches, Congress/All Federal Workers Get A Nice Pay Raise

According to disclosure forms, Biden made a cool $225,521 last year. After the pay increase, he'll now make $231,900 per year. (link below)

While most of us watch in complete disgust as our leaders in Government grandstand and play politics before inevitably kicking the can down the road on meaningful fiscal reform, Obama signed an Executive Order this weekend mandating nice pay raises for all Federal employees. Think about that the next time you are in a Government office waiting for some moron to finish up his/her personal phone call before to do their job and help you: Obama Orders Federal Pay Hikes

I suggested about a month ago that the "Cliff" issue would be settled and that spending and debt borrowing would continue to increase at an accelerating pace. Next up, either a large increase in, or total elimination of, the debt limit ceiling.

To hear some Truth about this whole situation, take the time to listen to what outgoing Congressman, Ron Paul had to say on CNBC on Friday:

3 comments:

HalSunday, 30 December, 2012
what's the beef-it's "only" about 1.5 billion in base pay--

in our faces, baby, in our faces
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AnonymousSunday, 30 December, 2012
US Whistleblowers on Being Targeted by the Secret Security State

The pivotal moment for her was when she realized the Justice Department was concealing work on the case from her. A judge had issued a court order for all communications but only handed over two of her emails. She went to a hard copy file to look for her emails, which included an assessment that the FBI had committed an ethics violation in its interrogation and torture of Lindh. Those emails were missing.

“My heart sank,” Radack states. “I literally felt sick. They were seeking the death penalty for this person and the relevant evidence had not made it to the court, evidence that would have a bearing on whether or not his confession would be admissible against him.”

She was eventually able to recover the missing emails. Under the Whistleblower Protection Act, which ultimately gave her no protection, she handed over evidence of misconduct and wrongdoing to Newsweek. She had no idea what would happen as the ”full force of the entire Executive Branch of the United States government” was unleashed.

Radack was forced out of her job at a private law firm, fired from another job after the government told them she was a criminal, placed under criminal investigation but never told what for and no charges were ever brought against her, referred to a state bar based on a secret report that she didn’t have access to, which made it very hard to fight the secret charges and she was put on a “No Fly” list.

The experience led to her deciding to dedicate her life to representing whistleblowers.

All hell broke loose within the government” when Eric Lichtblau and James Risen wrote a story for the New York Times on the warrantless wiretapping program at the NSA. A criminal leak investigation was launched of which he became subject. FBI agents raided his home and applied immense pressure to him for two and a half years trying to get him to plead out. It was a nightmare.

He concludes, “Besides fearing for the future of the United States I do fear the creation of a universal wiretap record of a person’s life—the ability to have vast access to databases and on the fly be able to profile anybody at anytime anywhere.”

http://dissenter.firedoglake.com/2012/12/29/us-whistleblowers-on-being-targeted-by-the-secret-security-state/
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AnonymousSunday, 30 December, 2012
Ron Paul, one of the best presidents America will never know.
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Why Gold?

Gold is the world's oldest currency. You exchange your fiat currency (dollars, euros, yen, yuan) into gold as an insurance policy against catastrophic Central Bank and Government policies which serve to destroy the value of fiat currencies and destroy democracy.

Gold can ONLY be considered an investment to the extent that it remains significantly and historically undervalued in relation to the fiat currencies against which its value is measured. Otherwise it remains the world's oldest currency and is completely free from the counterparty risk associated with currency by Government fiat (i.e. fiat currencies rely on a Government's "full faith and credit.")

Quote Of The Month Courtesy of "Jesse"

Unfortunately for Larry Summers, Ben Bernanke, and their friends at the BIS, they have not yet figured out how to print physical gold, silver, and other essential commodities, and the world is reaching the point where it might simply start ignoring the New York based markets with respect to essential commodities such as basic materials, oil, foodstuffs, and the like, as they become increasingly irrelevant, fraudulent, and Orwellian. And then where will the financial engineers be, except with no more excuses and no place to hide?

Here is the link to his entire commentary, well worth a read:

http://jessescrossroadscafe.blogspot.com/2010/07/gold-daily-chart-shock-and-awe-for.html

Great Quote From Jim Rogers On Govt CPI Reporting

JR: I mean, we have inflation now. If you go to the shop, whether it’s groceries, or education or insurance or health care, prices are going up for everything. The government lies about it in the US. Some countries lie, many countries don’t: Australia, China, India and Norway. Many countries don’t lie about it and acknowledge that we have inflation. Others lie about it, the UK and the US, but if you go shopping you know prices are up.

Q: Are you saying that the American Consumer Price Index (CPI) published by the US Bureau of Labor Statistics is a lie?

JR: In my opinion, yes, of course it is. Have you looked at it? They’ve changed their accounting several times in the past few decades. When housing was 20% to 25% of the CPI and housing was going up, they didn’t count it, saying rents weren’t going up, and then when home prices started going down, they counted it. It’s the same with many things. It’s staggering some of the tortuous reasoning that the BLS has used over the past 25 or 30 years. When the price of gasoline goes up, they say it’s not really going up because it’s better gasoline, better quality, therefore you’re getting more for your money. I mean, it’s endless, the stuff that they say and for some reason people sit there, although more and more people are catching on, and accept what the government says.

source: www.clusterstock.com

Quote of the Week

"The primary function of a Central Bank is to engage in the massive transfer of wealth from the middle class to the wealthy elite. The Federal Reserve was set up to do this with the blessing and support of Congress." - Dave in Denver

If you refuse to believe the above, please read "The Creature From Jekyll Island: A Second Look at the Federal Reserve" by G. Edward Griffin and then explain to me why the Senate voted down the Vitter Amendment and Congress refuses to pass a law requiring a full audit of the Fed, even though the Fed is using taxpayer-backed money to bailout Wall Street and Europe.