Showing posts with label bailout. Show all posts
Showing posts with label bailout. Show all posts

Friday, August 17, 2012

Report From Washington - August 17, 2012



ISRAEL FACT FINDING MISSION - A once in a lifetime mission led by William J. Murray, William Federer and Frank Gaffney, all three experts on Israel and Islamic affairs. Not a standard "tour," the mission includes visits to settlements and military bases plus evening panels. Read more
IN THIS ISSUE: Obama's FBI: Attacks on Christians are not hate crimes and attacks by Muslims are not terrorism / Obama-supported rebels execute hundreds / USA in a permanent bailout / The truth about Obama / Chair of USCIRF urges protection of religious minorities in Middle East / Atheists attack 9-11 museum / Court rules against Arizona atheists / More servicemen dead at hands of Afghan cops / Muslims riot in France / Hezbollah's terror theme park / EU politicians ignore crimes of Muslim nations

Read More Below
THE PRESIDENCY 
Obama's FBI has strange definition of terrorism - A lone homosexual activist attacked the offices of the socially conservative organization Family Research Council (FRC) in Washington, DC this week. The FBI oddly labeled the attack as "domestic terrorism" rather than a "hate crime." However, they reached a very different conclusion when a Muslim fanatic at Ft. Hood in Texas killed 13 fellow soldiers, plus an unborn child. That infamous attack was designated "work place violence." The lesson from the Administration is that no mass murders committed by Muslims will ever be called terrorism, and attacks on Christians will not be called hate crimes.
Obama-supported rebels execute hundreds - In the "rebel" controlled areas of Aleppo, Syria just about everyone associated with the secular government, even postal workers, were executed. A British citizen who converted to Islam eight years ago has become one of the chief executioners for the "rebels." Fox and other news outlets refuse to report the atrocities of the jihadist rebels, instead insisting that the secular government ignores the jihadist fighters and only kills civilians. Reports by reporters of the atrocities committed by "rebels" are ignored by editors in America who seem to want yet another nation ruled by a Taliban type government.
The permanent bailout - The Obama Administration, along with the help of Congress, has created a state of "permanent "bailout" in the United States. Simply put, the government can't stop spending and bailing out large businesses and banks without a level of economic pain the public will not tolerate. Excellent article in Forbes Magazine.
Ads tell truth about Obama - The Religious Freedom Coalition has been conducting an aggressive campaign to stop the war on religious freedom being waged by the Obama Administration. During this critical year of decision the Religious Freedom Coalition will run advertisements in key newspapers asking Congress to curtail Barack Obama's secularist agenda of radically changing our nation. Learn more today

CONGRESS 
Both Houses in recess - The House will reconvene on Monday, September 10th with the first vote occurring after 6:30 PM. Although the media would like to portray any recess as a "vacation," that is far from the truth. Most congressmen work six days a week in their district offices, meeting with constituents. Each congressman has more than a quarter of a million people in his or her district, many of whom demand direct contact which they can't get when the congressman is in Washington, DC.
USCIRF chair asks Congress to protect religious minorities - Katrina Lantos Swett, the chair of the U.S. Commission on International Religious Freedom, held meetings on Capitol Hill to call awareness to the plight of religious minorities (mostly Christians, but to say so is politically incorrect.) As part of her push to help religious minorities in the Middle East, she wrote an op-ed that deserves attention.


RELIGION AND CULTURE 
Atheists attack 9-11 Museum - American Atheists filed a lawsuit to prevent the World Trade Center cross from being displayed in the National September 11 Memorial and Museum in New York City. The cross, discovered in the rubble around the World Trade Center, had been formed by two steel beams from the wreckage and "served as a symbol of hope for many devastated by the worst terrorist attack in our nation's history." The Museum has now asked a Manhattan court to dismiss the lawsuit, explaining that it is an independent non-profit corporation, not a government entity, and that the cross is not a religious symbol, but "an 'important and essential artifact' that 'comprises a key component of the retelling of the story of 9/11.'
Court rules against atheists -
An Arizona state court has dismissed a lawsuit filed by the Freedom From Religion Foundation challenging the annual Arizona Day of Prayer proclamations. The judge dismissed the case "with prejudice," which will prevent the court from being asked to rule on the same issue in the future.



MORE FROM THE RELIGIOUS FREEDOM COALITION
New August Chairman's Report -Now available, the August 2nd, 2012 edition of William J. Murray's Chairman's' Report. In this issue: Obama and our dwindling freedoms / Friedrich von Hayek's predictions on the dangers of Obama style central planning / Newspaper ads in seven states warn of Obama's attacks on religious freedom / Should Christians pray for victory over the Islamist threat? Read more
Constitution or Sharia DVD - This is the complete set of DVD's from the November 11, 2011 Constitution or Sharia conference in Nashville, Tennessee. The Constitution or Sharia: Preserving Freedom Conference was the first true national conference on Sharia and the Islamization of America sponsored by major freedom oriented organizations! It was not just another educational conference. How do deal with and stop implementation of Sharia law in the United states was outlined by speakers and in panels. Order today

INTERNATIONAL 
Afghanistan - More Afghan police kill Americans - A newly recruited Afghan village policeman opened fire on his American allies on Friday, killing two U.S. service members minutes after they handed him his official weapon in an inauguration ceremony. Read more So far this year 32 service members have been killed by Muslim Afghans they had trained for police work.
France - Muslims riot near Paris - Young Muslim men rioted in northern France Tuesday. Seventeen officers were injured, a pre-school and public gym were burned down. Three non-Muslims who made the mistake of driving through the area were pulled from their cars and beaten. One man died. Not in this USA Today report nor in any other Western media report will you see any mention of the fact that the rioters were Muslims.
Lebanon - Hezbollah jihad theme park - The terror group Hezbollah has built a multimillion dollar theme park designed to indoctrinate its children about the glory of martyrdom against its enemy Israel. The mostly-outdoor museum features barbed wire, tanks, rockets, archive video footage and a lot of guns. Read more
Europe - EU politicians ignore Muslim world's crimes - Op-ed: Key element of European multiculturalism is to look away as much as possible from criminality in the Muslim world. Read more



 
 
 
 
 
 

Friday, December 12, 2008

Week Ending December 12, 2008 - Washington, DC

Bush and Obama fear GM failure / Obama and Gore plan for a "green" America / Congress and the automakers - What is good for some is bad for others / Nancy Pelosi and the Christmas celebration / Richard Cizik is finally fired by NAE / "Kill the Jews just like in 1929" says Jordanian Muslim leader / I appear on Fox and Friends to talk about the war on Christmas

In November, 2008, just days after receiving billions of our tax dollars for a bail-out, American Express canceled credit lines of all their small business customers, making it impossible to buy inventory for Christmas and causing layoffs. At the same time American Express canceled the credit lines of non-profit organizations including the Religious Freedom Coalition. As a result of the actions of American Express, we will no longer accept American Express cards at our Internet site.

THE PRESIDENCY
BUSH AND OBAMA FEAR GM FAILURE - The Bush White House and the Obama transition team are in a near state of panic trying to avert bankruptcy filings by Chrysler and GM before the end of December. Chrysler barely has the funds on hand for the next two payrolls, and suppliers are starting to demand that GM pay cash up front for parts.

I have been on White House conference calls with other social and economic conservative leaders concerning the automakers crisis. While the content of the calls is confidential, I can say that the economic outlook for the nation if there is a GM failure is bleak. Estimates are that a failure will bring down the GDP of the United States by 5% or more next year. President-elect Obama fears inheriting an economy that is in a literal free fall worse than the Great Depression.

OBAMA AND GORE - Barack Obama has already put plenty of pro-abortion people in key places of his staff. Could it get worse? Yes it can. This week Barack Obama met with Al Gore. It is Al Gore who wants to destroy what is left of the American economy by forcing American industry to buy carbon credits costing billions of dollars a year, from nations such as Russia that have vast forests. The two huddled for hours figuring out how to make America "green." Green being defined as broke. Read more

THE CONGRESS
CONGRESS AND THE AUTOMAKERS - This week the House and Senate met for three days to try to hammer out a rescue policy for Chrysler and General Motors. The plan passed the House and then stalled in the Senate when Senator Corker of Tennessee demanded that as part of the deal workers at their plants must agree to accept wages less than those of workers at Toyota plants in the US. In his home state of Tennessee, Volkswagen is slated to receive $577 million from the state to build a new plant there. The German government may now give Volkswagen funds to help the company through the financial meltdown there. Aides to Senator Corker said he sees no conflict in favoring aid for Volkswagen and opposing it for GM. The House and Senate adjourned with no action.

CONGRESS AND THE CHRISTMAS TREE - Following a Christmas tree lighting ceremony that included traditional Christmas carols played by a US Air Force band, Washington based Rev. Rob Schenck thanked Speaker Nancy Pelosi for keeping, "Christmas" at the US Capitol. Speaker Pelosi responded that she had been "mugged" for doing so. When asked again she repeated the comment. The Speaker was admitting that she had paid a political price for allowing the Christmas celebration to go on. The politically correct in her party were clearly unhappy. Read more

CULTURE AND RELIGION
WAR ON CHRISTMAS - I APPEAR ON FOX AND FRIENDS - On Thursday of this week I appeared on Fox and Friends which is the morning show viewed by millions of people on the Fox News Network. The subject was the continuing war on Christmas, this time the removal of Christmas trees from a university library. I made the point that a few people should not have veto power on the views and traditions of others. See video clip here.

CIZIK GONE AT LAST- Richard Cizik has represented the National Association of Evangelicals in Washington, DC for more than a decade. During that time he has sought and found a home with social liberals, radical greens and even those who are pro-abortion. Despite that the NAE, which officially stands against most of his positions, stood behind him as their guy in DC. This week he went too far when he endorsed homosexual marriage on a radio show. Finally he was asked to resign, just about ten years too late. Read more

NEW CHAIRMAN'S REPORT - The all new December 4, 2008 Chairman's Report is now available to read in PDF format. Read more about Rev. George Docherty and "under God" in the Pledge. Also information on Barack Obama's pro-abortion cabinet and Hillary Clinton. New information on Muslim attacks in India and persecuted Christians. Click here to view PDF

INTERNATIONAL
KILL THE JEWS LIKE YOU DID IN 1929 - That was the call of a Jordanian cleric to Muslims in Israel. Most believe Jordan to be a "moderate" Islamic state, but that is only because of the iron hand of the king. If left unchecked, the Muslim clerics would be as dangerous as those of Iran. Read excerpts here and see actual video clip.

PERSECUTED IRAQI CHRISTIANS - The situation in Iraq has not improved for Christians and your assistance is still needed. if you need a reminder of the situation please watch the testimony video of those who have lived through the persecution. Please help today.

CHRISTIAN INTERNET SUPER STORE
CHRISTMAS GIFTS FROM A CHRISTIAN STORE - Order Christmas ornaments with Christian themes and tens of thousands of other Christian themed items at our affiliate store. We stock jewelry from the Holy Land, Bibles and lots of Christian books. It is a great place to shop for birthday gifts as well. NOTE: Amazon sells atheist and satanist books right along with Christian books. We don't. When you buy from our store you help our work. Please take a look at our store today at www.rfcstore.com

Contributions to the work of the Religious Freedom Coalition can be made at www.rfcnet.org.

Thursday, October 9, 2008

The Borrower is the Servant of the Lender

A single verse of Old Testament Scripture explains the current turmoil of the Western financial markets: The Rich rule over the poor, And the borrower is the servant to the lender. Proverbs 22:7

The biggest concern of the Congress and the Bush Administration during the current financial crisis is to save the investments of the Chinese, the Japanese, the Saudis and other foreigners. Undersecretary of the Treasury, David McCormich actually called foreign investors to assure them that bonds issued to them by Fannie Mae and Freddie Mac would be honored before the government took over those mortgage companies. When the government took over the two firms, the American stock holders including those with preferred shares lost all their money. Meanwhile the Japanese, Chinese and Saudis got every dime they had invested in those institutions guaranteed for repayment. That has been repeated in virtually every government takeover this year, including that of Washington Mutual.

Why? The trade imbalance is so great because of imports from China and oil from the Middle East, that the only way to attract dollars back to the USA is to borrow them. The reality is that the Iraq war debt along with most of the funds to bail out Wall Street is money borrowed from the dictators of China and the Islamic royalty of Saudi Arabia. Without money borrowed from them, the Treasury would have to print huge sums of money and cause such inflation that our economy would collapse.

This problem would not exist if the Democrats had allowed drilling for oil and expanded coal mining here at home. In North America, we have more energy reserves than do the Saudis. It is just that liberals and environmentalists have blocked obtaining that energy. As a result we are transferring the wealth of our nation overseas in exchange for energy. As an example, the largest deposits of uranium in the world are in Virginia, but it is against the law to mine it. No new nuclear plants have been authorized in the United States for decades.

The Democrat controlled Congress voted to allow offshore drilling for oil a short time ago as the anger of the American people rose with the cost of energy. Unfortunately the bill is just a farce based on lies. Radical Nancy Pelosi, who controls the House, presented a 243 page bill to congressmen just a few hours before scheduling a vote. It allowed drilling for oil from 50 to 100 miles offshore. No oil company will buy a lease or drill there, because 90% of the oil is within 50 miles of the shore. Also, the bill still forbids any drilling at all off the coasts of California and Florida where most of the oil actually is located. At the same time, the bill raised taxes on energy so that the heating bill of every American would go up this winter if it is passed into law.

It gets worse: American individuals and companies have $13.5 trillion invested overseas because of the high tax rates on business here in the U.S. Our government taxes corporations at the second highest rate in the world, so they simply build their factories overseas. If the tax rate were lowered and the $13.5 trillion were moved back to the U.S., the amount borrowed from the Saudis and the Chinese to finance everything from the Iraq war to home construction would decrease.

Senator Barack Obama has an answer to all of this. Unfortunately it is the same as the answer San Francisco radical Nancy Pelosi has -- raise taxes even higher on corporations and investors. Gov. Mike Huckabee had an interesting comment on the Pelosi-Obama tax increases. He pointed out that corporations don’t pay taxes, just collect them. If an oil company is taxed another 10 cents for every gallon of gas it sells, it simply charges the customer 10 cents more per gallon. There is really no such thing as a “corporate tax” because the corporations see the tax as a business cost and pass it on to the consumers. The Pelosi - Obama tax increases are really just inflation drivers that will make our paychecks worth less.

Our debt, created by liberals, now drives our foreign policy.

Author: William J Murray, Chairman of GING-PAC

Friday, October 3, 2008

Week Ending October 3, 2008 - Washington, DC

Currently I am out of the country and unable to report first hand on activities in Washington, DC. Considering the current financial crisis I am sending this special update with excerpts from my current Op-eds and the newest Chairman's Report.
William J. Murray, editor

NEW CHAIRMAN'S REPORT - The all new October 1, 2008 Chairman's Report is now available to read in PDF format. This issue contains information about the financial crisis facing our nation from an inside the Beltway perspective. This unique report may assist you in your financial planning. Click here to view new issue.


THE PRESIDENCY, CONGRESS AND THE DEBT
A single verse of Old Testament Scripture explains the current turmoil of the Western financial markets: The Rich rule over the poor, And the borrower is the servant to the lender. Proverbs 22:7

The biggest concern of the Congress and the Bush Administration during the current financial crisis is to save the investments of the Chinese, the Japanese, the Saudis and other foreigners. Undersecretary of the Treasury, David McCormich actually called foreign investors to assure them that bonds issued to them by Fannie Mae and Freddie Mac would be honored before the government took over those mortgage companies. When the government took over the two firms, the American stock holders including those with preferred shares, lost all their money. Meanwhile the Japanese, Chinese and Saudis got every dime they had invested in those institutions guaranteed for repayment. That has been repeated in virtually every government takeover this year, including that of Washington Mutual.

Why? The trade imbalance is so great because of imports from China and oil from the Middle East, that the only way to attract dollars back to the USA is to borrow them. The reality is that the Iraq war debt along with most of the funds to bail out Wall Street is money borrowed from the dictators of China and the Islamic royalty of Saudi Arabia. Without money borrowed from them, the Treasury would have to print huge sums of money and cause such inflation that our economy would collapse.

This problem would not exist if the Democrats had allowed drilling for oil and expanded coal mining here at home. In North America, we have more energy reserves than do the Saudis. It is just that liberals and environmentalists have blocked obtaining that energy. As a result we are transferring the wealth of our nation overseas in exchange for energy.

The Democrat controlled Congress voted to allow offshore drilling for oil a short time ago as the anger of the American people rose with the cost of energy. Unfortunately the bill is just a farce based on lies. Radical Nancy Pelosi, who controls the House, presented a 243 page bill to congressmen just a few hours before scheduling a vote. It allowed drilling for oil from 50 to 100 miles offshore. No oil company will buy a lease or drill there, because 90% of the oil is within 50 miles of the shore. Also, the bill still forbids any drilling at all off the coasts of California and Florida where most of the oil actually is located. At the same time, the bill raised taxes on energy so that the heating bill of every American would go up this winter if it is passed into law.

Our debt now drives our foreign policy.

When extremist Muslims murder Christians in Iraq or the Chinese send us lead filled toys and contaminated candy that harms our children, our government mildly complains. The reality is that the Federal government cannot do much to stop contaminated generic drugs from being shipped from China or to stop the Saudis from sending hate filled school textbooks here either, because we can't offend the lenders. The United States is a debtor nation and cannot afford to offend those who lend to us.

We are transferring almost $700 billion a year to the Chinese and the Saudis to buy toasters at Wal-Mart and gas for our tanks. They then lend us back the money and we pay them interest on it. Exactly how long does this work before the nation is broke and totally the servant of the lenders? Leadership is needed now and it is not being displayed by Democrats or Republicans in the Congress. Rather than than make the hard decisions for long term gain, the Congress leans toward sending out checks to appease the peoples' appetite to buy contaminated Chinese made toys.

INTERNATIONAL
FRONT PAGE MAGAZINE ON IRAQI CHRISTIANS - In September I was interviewed in depth by Front Page Magazine on the Iraqi Christian Refugee situation. In that interview I placed most of the blame where it belongs, on Secretary of State Rice. Click here for the compete text of the interview.

DON'T FORGET IRAQI CHRISTIANS - Tens of thousands of Iraqi Christians are still refugees and still need our help. Donate today!

SUPPORT THE RELIGIOUS FREEDOM COALITION
CHRISTIAN THEMED GIFTS AND BOOKS - There are literally tens of thousands of Christian theme items available at our affiliate store including jewelry from the Holy Land. It is a great place to shop for birthday gifts. The store is located at www.rfcstore.com. Please help us with our various projects on Capitol Hill and overseas by shopping at our affiliate Christian Superstore . Contributions to the work of the Religious Freedom Coalition can be made at www.rfcnet.org.