Archive for February, 2012

Ron Paul Confronts Bernanke: ‘Do You Buy Your Own Groceries?’

Wednesday, February 29th, 2012

Steve Watson
GCN Live.com

Tense stand off as Congressman notes Fed is destroying dollar purchasing power.

GOP presidential candidate Ron paul took a break from campaigning today and diverted his attention back to his role on the House Financial Services Committee with the semiannual visit of Federal Reserve chairman Ben Bernanke.

In a scathing opening statement, Paul went on the offensive against the Fed:

“What we are witnessing today is the end stages of a grand experiment,” Paul said, adding that the Fed’s control over the nation’s money supply has directly caused economic bubbles and all but destroyed the purchasing power of the dollar.

Noting that the Fed will soon end because it is facilitating too much debt, the Congressman added “I’m anxiously waiting for this day… Reform has to come.”

Turning his attention to Bernanke, Paul asked the Fed chairman whether he did his own grocery shopping. A somewhat bemused Bernanke replied in the affirmative, to which Paul hit back “OK. So you’re aware of the prices,” before commenting on government denial of real levels of inflation.

“This argument of prices going up two percent, nobody believes it.” Paul said. “The old CPI says prices are going up at nine percent.”

“People on fixed incomes, they are really hurting. The middle class is really hurting. Because their inflation rate is very much higher than the government tries to tell them, and that’s why they lose trust in government.”

“You say inflation is about 2%, I say 9%, let’s just call it 5%,” Paul told Bernanke. “That inflation is taking money away from the people….Someone is stealing wealth and this is very upsetting.”

The Congressman then pulled out a silver eagle, explaining that it has retained it’s real worth and that hard assets should be used as currency as outlined in the Constitution.

Telling Bernanke that in 2006, when he took over at the Fed, an ounce of silver bought about 4 gallons of gas, where as today it will buy 11 gallons. “That’s preservation of value,” said Paul.

Paul called for a competing currency to the dollar, stating that the laws should be changed to allow precious metals to settle contract disputes and other legal obligations.

Bernanke addressed Paul by jokingly saying “good to see you again, Congressman”, before somewhat derisively saying he would be happy to consider the Congressman’s ideas and help him work out what currencies to hold.

Paul hit back by saying the government goes after those who attempt to use gold and silver as alternatives to depreciating Federal Reserve notes as if they are criminals, telling Bernanke “the record of what you’ve done is destroy the currency.”

Watch the video below:


Steve Watson is the London based writer and editor for Alex Jones’ Infowars, and Prisonplanet. He has a Masters Degree in International Relations from the School of Politics at The University of Nottingham in England.

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GE Paid Just 2.3 Percent in Federal Taxes Over Last 10 Years on More than $81 Billion in Profits

Wednesday, February 29th, 2012

Madison Ruppert
End the Lie

Thanks to tax loopholes and deductions, General Electric (GE) was able to pay a mere 2.3 percent in federal taxes on over $81 billion in profits over the last 10 years, according to analysis of the corporation’s tax filings conducted by Citizens for Tax Justice.

The Citizens for Tax Justice, a non-partisan watchdog group, said that GE’s latest filings with the Securities and Exchange Commission (SEC) reveal that they were far under the supposed 35 percent corporate tax rate.

GE was able to rob taxpayers blind during years when their profits declined, all while paying taxes at a rate far below what most hardworking American individuals are saddled with.

Just last year we learned that GE’s 2010 tax return showed that the massive corporation paid no taxes whatsoever on a whopping $14.2 billion in profits.

In fact, GE actually reaped $3.2 billion in refunds and tax credits from the government, even with profits as massive as they were.

In response to these shocking numbers – which left many struggling Americans enraged, and rightly so – former Wisconsin Senator Russ Feingold expressed outrage at the fact that the man who Obama placed in charge of creating jobs was also running a corporation that paid no taxes and thus thoroughly exploited the American people.

“Someone like Immelt, who has helped his company evade taxes on its huge profits – and is now looking to workers to take major pay cuts after his compensation was doubled – should not lead the administration’s effort to create jobs,” he wrote in an email obtained by The Washington Post at the time.

The Citizens for Tax Justice reported that in 2010 GE paid just an 11.3 percent tax rate on their $14.8 billion in profits. Meanwhile, the corporation itself claimed that their tax rate in the United States was near 25 percent.

Even more disturbing, the Citizens for Tax Justice found that GE effectively had a “negative” tax balance from 2006 through 2011.

Indeed, they found that GE actually took back $2.7 billion from taxpayers during the period, even though they raked in $39.2 billion in U.S. profits before tax.

In a statement to media outlets Bob McIntyre, the director of Citizens for Tax Justice, noted just how foreign this tax rate really is to most working Americans.

“I don’t think most Americans would consider 11.3 percent, not to mention GE’s long-term effective rate of 2.3 percent, to be ‘normal,’” McIntyre stated. “But for GE, taxes are something to be avoided rather than paid.”

GE attempts to counter the findings of groups like Citizens for Tax Justice by claiming that their numbers are inflated due to foreign earnings being out of the Internal Revenue Service’s reach.

Obama has expressed interesting in taxing foreign earnings of American corporations and closing some of the tax loopholes for corporations while also lowering the corporate tax rate to 28 percent.

However, Obama’s word is worth absolutely nothing and the current 35 percent tax rate is already close to the lowest in the United States since the start of World War II.

Obama’s intimate relationship with GE and individuals like Immelt is also highly questionable, especially given Obama’s reluctance to do anything to compromise the profits of his major supporters on Wall Street and throughout corporate America.

The tax situation in the United States is wildly flawed, with average people footing the bill for the largest earners who are taxed at historic lows allowing major corporations to pay more to their executives than the IRS in 2010.

Warren Buffet has also come out against the astoundingly low corporate tax rate, writing in an opinion piece for the Wall Street Journal, “So our corporate tax rate last year, effectively in terms of taxes paid for the United States, was around 12 percent, which is well below those existing in most of the industrialized countries around the world.”

Polls have found that much of America supports raising taxes on the highest earning Americans, even amongst a majority of Republicans who were polled.

The poll, released by The Washington Post in October of last year, reported that a stunning eight in ten Americans support raising the tax rate on households earning more than $250,000 a year.

81% of Democrats, 67% of Independents and 53% of Republicans expressed support for the move, although I would say that instead of raising taxes, it might be more effective to actually make people pay the taxes they are supposed to be paying already.

I do not think that we would be forced to raise taxes on households earning 250,000 per year if corporations actually paid what they owed and we weren’t constantly paying off interest on ludicrous debt.

The unfortunate fact is that corporations work together with institutions like the private Federal Reserve to exploit and profit off the American people. Our government allows war profiteers to continue to bleed our nation dry and of course the Federal Reserve and their cronies in government love it since they get all of the interest on the bloated spending.

Raising taxes alone will not fix the problem. We need a radical overhaul of the financial system in the United States. We need to put the power of the purse back in the hands of the people and not a private banking cartel. We need to sever the ties between corporate interests and the federal government and stop the preferential treatment that corporations have enjoyed for far too long.

Without taking a full spectrum approach, there can be no true change and if nothing else Obama has proven that he has absolutely no interest in change.


This is where the lie ends. The American people are waking up to the fact that the mainstream media is controlled by a very small group of elite billionaires who decide exactly what stories to cover. We at End the Lie force politicians to address the real issues, force government to be accountable and transparent, and force real change to occur in our country. Every American needs to get informed and stand up for the principles upon which our wonderful country was founded. Do it now with End the Lie.

Did I miss something? Want to give me your opinion or tip me off to an important story? Email me at Admin@EndtheLie.com

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IRS Oversteps Its Authority – Targets Tea Party

Wednesday, February 29th, 2012

LD Jackson
Political Realities

In a move that raised concerns for many people across our country, including the members of the Tea Party, the Internal Revenue Service has sent a letter requesting information from Tea Party chapters that clearly overreached its authority.

The specific instance I am referring to has to do with the application of the Waco Tea Party to register as a 501(c)(4) non-profit group. I was first alerted to this by a post from The McCarville Report Online and when I read it, I couldn’t believe what I was reading. Well, actually, I am not surprised at anything the IRS does, but it dismays me that they would go so far to control what certain groups can or can not do. The link I have provided is to Mike McCarville’s short opinion piece about the actions of the IRS. The original story comes from Fox News and it should give us all reason for concern.

In letters sent from IRS offices in Cincinnati earlier this month, chapters including the Waco (Texas) Tea Party and the Ohio Liberty Council were asked to provide a list of donors, identify volunteers, financial support for and relationships with political candidates and parties, and even printed copies of their Facebook pages.

“Some of what they (the IRS) asked was reasonable, but there were some requests on there that were strange,” Toby Marie Walker, president of the Waco Tea Party told FoxNews.com. “It makes you wonder if they do this to groups like ACORN or other left-leaning groups.”

You can read the letter the IRS sent to the Waco chapter of the Tea Party here, but I want to quote a portion of the demands the IRS made.

1. Please provide copies of your current web pages, including your Blog posts. Please provide copies of all of your newsletters, bulletins, flyers, newsletters or any other media or literature you have disseminated to your members or others. Please provide copies of stories and articles you have published about you.

2. Provide copies of the pages of your social networking sites.

Did you read what they are wanting? I believe this brings us to an entirely new chapter of government overreach, by one of its most powerful departments. This should be enough to convince anyone that the IRS needs to be reformed. By reform, I mean it needs to be hamstrung, if not abolished and closed completely down. The first two items on their list is just the start of a list of demands. While some of them may be normal, I fail to see why they need copies of web pages, social networking sites, or blog posts. Just to approve a 501(c)(4) request?

Some of the other demands include the IRS’ desire to know if the Waco Tea Party has endorsed any political candidates, and if so, they want specific instances and the circumstances surrounding those endorsements. It should be noted here that a 501(c)(4) differs from a 501(c)(3), in that they are allowed to participate in specific campaigns and to endorse candidates. If that is the case, according to IRS rules, why does the IRS need to know who they have endorsed and why? Here is the portion of the letter that makes that demand.

8. Have you expressly endorsed or oppose candidates for public office or slates of candidates at public events, on your website, on your radio show or You Tube page, in your literature or any other forum? Do you plan to do so in the current election cycle? If so, provide a list of candidates for political office yo have expressly endorsed or opposed, and describe the occasion on which you made each endorsement.

9. Describe in detail any financial or other support you have given to candidates, slates of candidates, or political parties, or which you plan to give in the current election cycle.

Are you getting worried now? If you aren’t, you should be. I am not a fan or a believer of conspiracy theories, but the IRS has clearly overstepped its authority in this case. Given the nature of their demands, it should also make us realize that those of us who blog about all things political are definitely on their radar. What more will it take to make us realize the direction our government is headed?


For news and commentary that strives to recognize the reality of politics, visit Political Realities.

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Guantanamo Bay Gets a New $750,000 Soccer Field Thanks to U.S. Taxpayers

Wednesday, February 29th, 2012

Madison Ruppert
End the Lie

While our nation is saddled with record deficits and debt, countless Americans are homeless or unable to find work, and analysts are predicting economic catastrophe, the prisoners at Camp 6 in Guantanamo Bay are getting a brand new $750,000 soccer field.

The project, which is just now getting finished up after being started in April of 2011, was shown during a tour of the facility to reporters who are covering the arraignment of Majid Khan in military court.

Khan is a former Baltimore resident and reportedly the only legal U.S. resident on trial at Guantanamo Bay. Khan was arrested in Pakistan in 2003 when he returned to visit his wife and is accused of being enlisted by Khalid Sheikh Mohammed to support and plan terrorist attacks against the United States and Israel.

He is also accused of being trained to attack gas stations, poison water supplies and even allegedly was planning to assassinate Pervez Musharraf, former President of Pakistan.

The soccer field is one of two other recreation facilities provided to “highly compliant” detainees at Camp 6 and is available for prisoners 20 hours a day.

Fox News reports that the field was specially constructed in order to give detainees “maximum access” to the field, meaning around 20 out of 24 hours.

Passageways have been built in order to allow detainees to travel to the costly new field without even being escorted by military personnel.

A representative of the military police who went unnamed said that giving the prisoners access to high levels of activity outdoors helped to decrease the behavioral problems within the camp itself.

This anonymous representative also said that it cut down on the interaction between the military guards and the detainees.

Like four other cases, Khan is expected to cut a deal with the prosecution. Since Guantanamo Bay opened in 2002, only six cases have been prosecuted.

Khan’s appearance will mark the first time a single person outside of the American military or intelligence community has laid eyes on him.

Since he was captured, Khan has been shuffled around in secret CIA black sites around the globe which Fox claims were “formerly maintained by the CIA.”

The treatment of suspected terrorists at Guantanamo Bay is not nearly as wonderful as Fox News seems to be attempting to make it out to be.

Indeed, the families of dead Guantanamo Bay detainees have challenged the Pentagon’s claims that three individuals committed suicide in 2006.

This story was almost laughable in its absurdity given that medical examinations found that one of the individual had his esophagus ripped out “and his body bore signs of torture, including several injection marks on his hands.”

American soldiers even came forward with eye-witness testimony of the horrific events, yet Fox News seems to be attempting to give readers the impression that the Obama administration is being soft on suspected terrorists.

They write, “Even some of President Obama’s most ardent supporters suggest the administration seems eager to close the camps and reduce the detainee population, and plea agreements with minimal jail time are a sweetheart deal for all involved.”

As evidence, they point to the fact that Osama bin Laden’s personal cook and driver are spending less time in prison than American citizens who were prosecuted in federal courts on less serious charges.

They bring up the case of a Charlottesville, Virginia man named Zachary Chesser who was convicted for allegedly making threats against the creators of the television show “South Park” and for giving support to Harakat al-Shabaab al-Mujahideen, more commonly referred to as al-Shabaab based out of Somalia.

Chesser was sentenced to 25 years having never so much as fired a shot on any battlefield, while Omar Khadr who allegedly killed an American soldier in Afghanistan is already almost half way through an eight year sentence at Guantanamo.

While this definitely does seem unfair, I reject the attempts to make it look like the detainees at Guantanamo Bay have it easy.

That being said, do I think we should build them a $750,000 soccer field? No, in fact I think it is absolutely ridiculous that they would ever spend such a thing.

Instead, how about we actually investigate these individuals and release those who are innocent? Files published by WikiLeaks last year revealed that there were some clearly innocent individuals being held including an 89-year-old Afghan villager with senile dementia and an innocent 14-year-old.

The simple fact is that we are holding many people without charge or trial, and if they’re lucky enough to get a trial it is a military tribunal which can only be characterized as a kangaroo court.

Obama’s “reform” of the process was criticized by both the American Civil Liberties Union (ACLU) and the Center for Constitutional Rights (CCR), saying it is “institutionalizing indefinite detention of terrorism suspects who have yet to be formally charged or designated for transfer to another country.”

“The creation of a review process that will take up to a year — designed to be repeated every four years — is a tacit acknowledgment that the Obama administration intends to leave Guantanamo as a scheme for unlawful detention without charge and trial for future presidents to clean up, despite the fact that senior officials acknowledged today that keeping the prison open continues to hinder our national security in the long run,” the CCR said in a statement.

Even if detainees are found innocent (which is doubtful in a rigged trial), the American government has no responsibility to release the individual.

Building these detainees a fancy new soccer field which they can use 20 hours out of the day is going to do nothing for the tarnished image America has abroad due to the horrific human rights record of the government of the United States.

This is just putting more money in the pockets of contractors who enjoy intimate relationships with the government while draining non-existent funds from the American taxpayer.

There is absolutely no benefit that can come from this, in fact I find it absurd to even entertain the notion that a soccer field will do anything to improve the lives of these unfortunate people who are caught in the grip of the American “War on Terror.”

The unfortunate fact is that we could see Americans put in camps similar to – and likely even worse – than Guantanamo Bay, based on nothing more than suspicion thanks to the National Defense Authorization Act for Fiscal Year 2012 (NDAA), which comes into effect March 1.

This is evidenced by solicitations put out by the Federal Emergency Management Agency (FEMA) and KBR, a major government contractor.

Not to mention the fact that the U.S. government has actually imprisoned American citizens without charge or trial in the past under the designation of “civilian internee.”

Hopefully our so-called government will stop this insanity and the atrocious insult to the principles upon which America was built that is embodied by Guantanamo Bay and legislation like the NDAA.

However, they seem more happy to spend $750,000 of taxpayer money (which we don’t even have) on a soccer field rather than address the complete loss of justice that has been brought about by the sham that is the “War on Terror.”


This is where the lie ends. The American people are waking up to the fact that the mainstream media is controlled by a very small group of elite billionaires who decide exactly what stories to cover. We at End the Lie force politicians to address the real issues, force government to be accountable and transparent, and force real change to occur in our country. Every American needs to get informed and stand up for the principles upon which our wonderful country was founded. Do it now with End the Lie.

Did I miss something? Want to give me your opinion or tip me off to an important story? Email me at Admin@EndtheLie.com

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Ethicists Argue Killing Newborn Babies Should Be Allowed

Tuesday, February 28th, 2012

Paul Joseph Watson
GCN Live.com

A paper published in the Journal of Medical Ethics argues that abortion should be extended to make the killing of newborn babies permissible, even if the baby is perfectly healthy, in a shocking example of how the medical establishment is still dominated by a eugenicist mindset.

The paper is authored by Alberto Giubilini of Monash University in Melbourne and Francesca Minerva at the Centre for Applied Philosophy and Public Ethics at the University of Melbourne.

The authors argue that “both fetuses and newborns do not have the same moral status as actual persons,” and that because abortion is allowed even when there is no problem with the fetus’ health, “killing a newborn should be permissible in all the cases where abortion is, including cases where the newborn is not disabled.”

“The fact that both are potential persons is morally irrelevant,” the authors claim, arguing that adoption is not a reasonable counter-argument because the parents of the baby might be economically or psychologically burdened the process and the mother may “suffer psychological distress”. How the mother could not also “suffer psychological distress” by having her newborn baby killed is not explained.

“Merely being human is not in itself a reason for ascribing someone a right to life. Indeed, many humans are not considered subjects of a right to life: spare embryos where research on embryo stem cells is permitted, fetuses where abortion is permitted, criminals where capital punishment is legal,” the authors write.

The practice of infanticide has its origins in barbaric eras of ancient history, but it is still common is many areas of the world today, including China where the one child policy allied with the social pressure to have boys has resulted in a massive imbalance in the population. Studies have found that 40 million girls are ‘missing’ in China as a result of gender-selective abortion and infanticide. In India, there are 50 million less females for the same reasons.

In Pakistan, over 1000 babies a year are the victims of infanticide, which is rarely punished.

Matthew Archbold of the National Catholic Register explains how the legalization of infanticide, killing newborn babies, is the logical conclusion of the starting point of the argument, which is that the fetus is not human and has no right to live.

“The second we allow ourselves to become the arbiters of who is human and who isn’t, this is the calamitous yet inevitable end. Once you say all human life is not sacred, the rest is just drawing random lines in the sand,” he writes.

Respected bioethicist Wesley J. Smith notes that the debate surrounding “the right to dehydrate the persistently unconscious,” which eventually led to events like the Terri Schiavo case, started with articles in bioethics and medical journals.

“Or to put it another way, too often bioethics, isn’t. On the other hand, to be fair, the ancient Romans exposed inconvenient infants on hills. These authors may want to take us back to those crass values, but I assume they would urge a quicker death,” he writes.


Paul Joseph Watson is the editor and writer for Prison Planet.com. He is the author of Order Out Of Chaos. Watson is also a regular fill-in host for The Alex Jones Show and Infowars Nightly News.

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