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One of the most important issues for Pennsylvania and our district is the development of the Marcellus Shale Gas formation. The Marcellus formation has the potential to provide for the nation’s natural gas needs for a decade or more, not to mention provide a tremendous economic boom in our state. (1) From [...]
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Solutions with Hydraulic Fracturing or “Fracking”
The People’s Money
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There is nothing super-complicated about sound money. Rather, the truth is pretty simple.
In cahoots with the central bank, the government prints unbacked currency. Most dollars are not physical linen – it is merely electrons in bank accounts, which is shown simply here, “Fractional Reserve Banking in Pictures.” This is really just an indirect way to [...]
The Economy in Pictures
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“Truth persists and illuminates, even if there is no one to utter it.“
Government is not the solution; rather, it is causing the problems. The below slides (view at Scribd, backup PDF) highlight the economic situation, updated from a May presentation. I’ve written about the solutions to the unemployment problem, the deficit, Social Security, [...]
Jake Towne Calls on Charlie Dent to Repeal Health Care Tax
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Independent congressional candidate Jake Towne issued this statement today:
“During his sorry 20-year political career, Charlie Debt has repeatedly supported unconstitutional legislation that has created raging, out-of-control deficits. He also supports vast expansions of federal control over the people’s healthcare, such as his support of S-CHIP, the Medical Rights Act of 2009, and now [...]
China Devalues US Treasury Bonds
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If one owes a bank a thousand dollars, he has a problem. But if one owes a bank a billion dollars, then the bank has the problem. From the four years I spent in China, I assure you this truism is not lost on the Chinese, though one must never forget the banks’ [...]
Social Security… or Insecurity?
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A lucid discussion on how to save social security in the midst of financial chaos with the dollar is certainly lacking with the current Republocrat establishment. Following their silly “desperado economics” policies, both Democrat and Republican politicians shy away from this topic as the undeniable consequences are perceived to yet be years away.
This presentation briefly [...]
Toward a New Monetary Order by Thorsten Polleit
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“The body of economic knowledge is an essential element in the structure of human civilization; it is the foundation upon which modern industrialism and all the moral, intellectual, technological, and therapeutical achievements of the last centuries have been built. It rests with men whether they will make the proper use of the rich treasure with [...]
Fractional Reserve Banking is Dead (Part 2/2)
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Since the 1990s, the FED has change accounting rules so even the loose ~10% fractional reserve requirement could be thwarted. We live in an era of paper tickets.
In Part 1, Fractional Reserve Banking in Pictures, we saw how the banking system creates fraudulent money by creating new money on top of old. The reserve requirement [...]
Fractional Reserve Banking in Pictures (Part 1/2)
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“The few who understand the system, will either be so interested in its profits, or so dependent on its favors, that there will be no opposition from that class. The great body of people, mentally incapable of comprehending the tremendous advantages, will bear its burden without complaint.”
- Lord Rothschild, European central banker
The below slides [...]
Who Supports Bailouts? Jake Towne, Charlie Dent, or John Callahan?
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John Callahan, the Democrat challenger in my race, recently targeted the incumbent Republican, Charlie Dent, for his vote to pass the TARP Banker Bailout in 2008. Amusingly, Callahan – along with the rest of the Establishment’s career politicians at the time – stated he would have voted FOR the Banker Bailout himself per this [...]
When Tyranny Ends… by Helio Beltrao
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“Tyranny ends when we cease to voluntarily support our own serfdom.”
One of my trips abroad took me to Cambodia where I saw sobering sights as seen in the picture. Seeing an obelisk several stories tall filled with human skulls leads one to imagine how such a tragedy could have occurred – and how the [...]
Lessons from Greece
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Below is the rough transcript of some remarks I made at the campaign’s successful fun-raiser at the American Sandwich Company in Coopersburg on June 6, the 66th anniversary of D-Day. More details on the fundraiser in tomorrow’s post. The event began with a moment of silence for veterans, especially the 5,490 soldiers who have died [...]
D-Day Has Arrived
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“The Republic was not established by cowards; and cowards will not preserve it.” – Elmer Davis
On June 6, 1944, a flotilla of transports set out for the coast of Normandy. They would land at five beaches codenamed Sword, Juno, Omaha, Gold, and Utah. Some beachheads were established with minimal resistance. Some beachheads were established in [...]
Remarks at Allentown Courthouse Rally
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Yesterday, June 4, I delivered some remarks at a protest and march organized by the Friends of George Donnelly. The irony that June 4 is also the same day as the Tiananmen Square Massacre was not lost on me. From my time spent abroad in China, those who know me are well aware my candidacy [...]
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