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THE ATTEMPT TO END FINANCIAL PRIVACY WORLDWIDE


Do you want the Obama administration sharing all of your financial information with the Russian, Chinese and Saudi Arabian governments? You may be thinking, not even President Obama would go that far. Not so, read on.

This past week, the Organization for Economic Cooperation and Development (OECD) released its full proposal for a global standard for the automatic exchange of financial information. The rationale behind this despicable idea is to more effectively enable governments, such as that of France and the United States, to identify tax evaders.

This might sound like a good idea until one realizes that every individual and business will be stripped of all of their financial privacy if this becomes the law of the land - and it is very close to being just that.

Under the OECD proposal, all of the information that financial institutions now report to the U.S. government to try to ensure income-tax compliance, including your account balances, interest, dividends, proceeds from the sale of financial assets - would be shared with foreign governments.

The United States and other governments will, of course, claim that your sensitive financial information will remain confidential - and that you can trust the governments.

It is bad enough when American officials leak or misuse sensitive financial information about U.S. citizens and businesses, but just think what is going to happen when all of those corrupt officials in foreign governments get ahold of it.

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AMERICA’S WORST ECONOMIST BLAMES AYN RAND FOR CLIMATE DENIALISM


New York Times columnist Paul Krugman has come up with an exciting new theory as to why the world's economies are still proving reluctant to bomb themselves back to the dark ages in order to "combat climate change."

Apparently, it's all the fault of a certain uncompromising Jewish Russian emigree:

Well, think about global warming from the point of view of someone who grew up taking Ayn Rand seriously, believing that the untrammeled pursuit of self-interest is always good and that government is always the problem, never the solution. Along come some scientists declaring that unrestricted pursuit of self-interest will destroy the world, and that government intervention is the only answer.

It doesn't matter how market-friendly you make the proposed intervention; this is a direct challenge to the libertarian worldview. And the natural reaction is denial - angry denial. Read or watch any extended debate over climate policy and you'll be struck by the venom, the sheer rage, of the denialists.
Next week, he could maybe tell us why racism is caused by listening to Lynyrd Skynyrd.  What's certain is that Krugman badly needs a career change. He trained, I believe, as an economist but what's palpably clear when reading his article is that he doesn't really understand his subject at all.

Let me give you some examples of what I mean.

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THE PRISON GUARDS OF THE PAST


It's a brilliant metaphor, isn't it? 

It's all encompassing, describing Democrats led by their Prison-Guard-in-Chief, Establishment RINOs from Boehner on down, public unions, teachers unions, the welfare-state/social-worker bureaucracy, EPA fascisti, climate alarmists, eco-luddites, the Enemedia, the majority of professors and administrators in academia, all supported by a libtard judiciary.

All of them, epitomized by our Zero of a President, are prison guards of the past, desperately demanding they keep their corrupt perks and power by keeping us locked up in a prison of the status quo and government failure by force of arms - government guns and thieving taxes.  

I'd love to claim the metaphor as mine, but it's not.  It's Newt Gingrich's in his new book Breakout.  It's even in the subtitle: Breakout: Pioneers of the Future, Prison Guards of the Past, and the Epic Battle That Will Decide America's Fate.

We've had an entrepreneurial information revolution - but we have seen no remotely revolutionary advances whatever in education, healthcare, transportation, manufacturing, much less government.  How come?  Because the old order has a veto.  Because the prison guards of the past are the enemies of the future.

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THE SELF-HATING DISHONESTY OF THE MEDIA


The most destructive, dishonest, and criminally hypocritical people in America today are not Democrat politicians, black race hustlers, Ivy League Marxist professors, or crony/shyster capitalists.

They are the publishers, editors, journalists, and commentators of the Liberal Media:  Associated Press-New York Times-WaPo-ABC-NBC-CBS-CNN-MSNBC et al.

We'll abbreviate Big Liberal Media to simply "BM" - appropriately enough for their product is the same as what those initials usually stand for.  One of the more astounding things about BM is that its slavish boot-licking of American Commiecrats is indistinguishable from that of Pravda's or Izvestiya's over Soviet rulers during the Cold War - yet with no gun at their heads nor threat of the Gulag.

Winston Smith, in George Orwell's 1984, ended up genuinely loving Big Brother after his will was broken through torture.  BM loves Big Brother of their own free will.  This is so perverse it's almost anti-human, for it is normally against human nature to willingly be a slave.

A stunningly perfect example of BM perfidy appeared in headlines in newspapers all over the country this past weekend.

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A PESHMERGA’S QUESTION


mir_mokhsen

This is Mir Mokhsen, a Peshmerga or Kurdish freedom fighter who has fought in hundreds of battles for Kurdish freedom for half a century.  He has faced Saddam Hussein's tanks, Russian-made helicopter gunships, chemical weapons and poison gas, the unspeakable brutality of Saddam's soldiers countless times - and survived.

He has never given up.  Never.  This revered warrior has a question for you:  As an American, the freedom he has risked his life so much for has been given to you - so what are you doing to preserve it?

Mir Mokhsen has heard that there will be a gathering of Americans dedicated to preserving their freedom in Boston at the end of August.  He wishes he could attend, but he belongs in the mountains of his beloved Kurdistan.  You, on the other hand, belong in Boston, where the American Revolution began.

The To The Point Revolutionary Rendezvous is August 22-24.  Don't disappoint Mir Mokhsen.  Don't disappoint yourself.  Be there and join your fellow TTP'ers for a revolutionary good time. 

To participate, click on the Rendezvous box in the TTP left side bar, and call TTP General Manager Miko de los Reyes at 703-992-4529 or miko@tothepointnews.com.  Please call or email Miko right away.  No procrastinating.  That means now!

After all, you wouldn't want Mir Mokhsen to think you're not a freedom fighter, would you?

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KITTY AND ME


Okay, it's time for a fun story.  It is, of course, not fun when someone passes, as Kitty Carlisle did last week (4/17) at age 96.  But it prompts me to reveal how I met her, as it was pretty hilarious.

She was a Broadway and Hollywood actress, but she became a household name as a panelist on the TV show To Tell The Truth, which first aired in 1956.  It was three years later, at age 15, that I was a guest on the show.

You know the setup.  Three contestants, each claiming to be the same person;  four panelists interrogating them and guessing who's real.  Each wrong guess was worth $250.  When I met my two impostors before the show, I asked them:

"Isn't the object of this game to fool the panel, fool all the panelists so we can win the most money, which is $250 times four or $1000?" I asked.  "So what would be the best way to do this?  I think it would be by my pretending to be dumb.  I have to tell the truth, the rules are that I can't lie, but I can pretend to stumble and be unsure.  You guys act confidant. If all the panelists fall for it, we get all the dough."

They both thought this was a great idea.

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THE HOAX OF NEGOTIATIONS


A great hoax is being perpetrated on the world, the hoax of negotiations as an untried method to "solve" the "Iranian problem." In fact, we have been negotiating with the mullahs ever since-indeed even before-the 1979 revolution that deposed the Shah and brought to power the Islamic Fascist regime of the Ayatollah Ruhollah Khomeini.

In the intervening 28 years, we have participated in countless face-to-face encounters, myriad "demarches" sent through diplomatic channels, and meetings-some on the fringes of international conferences-involving "unofficial" representatives of one government or the other.

The lack of any tangible result is obvious, yet the chatterers, led by James Baker and Lee Hamilton, and cheered on by intellectuals, editorialists, and instant experts on Iran, act as if none of this ever happened.

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THE BUSINESS OF PIRATING


Sophisticated net surfers will have noticed that, despite my proclamations that "It can't be done," there is a plethora of commercial movies - the kind you buy on DVD - that are available for download on the various "pirate" services, of which Kazaa is (was) the most well known.

Actually, when I say "can't," I mean "shouldn't" - but there is technology, both hardware and software that allows intrepid souls to "rip" (copy) DVDs off the disk and onto their computers.

You don't have to be police lineup material to use the methods described below to copy DVDs. Maybe you want to make backups or copies of a wedding or Bar-mitzvah DVD to send to family and friends abroad.

So how do they - and we - do it?


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OUR PATHOLOGICALLY ANTI-AMERICAN MEDIA

The headline on the top of the front page of the New York Times yesterday, May 26, was: "FBI told of Koran abuses." The wording of the headline and the prominence of the display give the casual reader the impression the story -- written by Neil Lewis -- was new, and that the story was true. Neither is so.

Lewis' story was based on reports of interrogations by FBI agents of prisoners at Guantanamo Bay in 2002 and 2003. He noted in his third paragraph that "they are accounts of unsubstantiated allegations made by the prisoners under interrogation."

The New York Times didn't mention that an al Qaeda training manual, captured a couple of years ago by British police, instructs detainees to make false charges against their captors.

So why is so much of the media giving so much prominence to a recycled story of unsubstantiated charges made by America's enemies who have been told to make false accusations if captured?

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2015: THE YEAR OF GLOBAL DOLLAR DANGER


America's domestic economy can handle a surging dollar and a fresh cycle of rising interest rates. Large parts of the world cannot. That in a nutshell is the story of 2015.

Tightening by the US Federal Reserve will have turbo-charged effects on a global financial system addicted to zero rates and dollar liquidity.

Yields on 2-year US Treasuries have more than doubled from 0.31% to 0.74% since October, and this is the driver of currency markets.

Since the New Year ritual of predictions is a time to throw darts, here we go: the dollar will hit $1.08 against the euro before 2015 is out ($1.21 on 12/31), and 100 on the dollar index (already at 90 at year's end).

Sterling (the British pound) will buckle to $1.30 ($1.57 on 12/31) as a hung Parliament prompts global funds to ask why they are lending so freely to a country with a current account deficit reaching 6% of GDP.

There will be a mouth-watering chance to invest in the assets of the BRICS and mini-BRICS at bargain prices, but first they must do penance for $5.7 trillion in dollar debt, and then do surgery on obsolete growth models.  What are the odds for either?

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HALF-FULL REPORT 09/12/14


Can't resist starting this HFR off with Red State's Erick Erickson's comment on Zero's Nothingburger speech to the nation Wednesday night (9/10):

"This speech is what I imagine you'd try to say to your mom if she walked in on you playing with yourself. It was awkward and we've caught the President with his pants down."

Amidst a lot of dumb stuff, Zero's dumbest claim of all was: "ISIL is not ‘Islamic.'  No religion condones the killing of innocents."

The Koran does just this and repeatedly. A quartet of samples from a myriad...

A perfect example of what we discussed in 9/11 and the 10th Commandment - emerged this week in Oklahoma.  Leave it to a Marine, State Rep. John Bennet, to provide it.

You'd think that John Bennett would be a lay down for HFR Hero of the Week.  Problem is, there's a trio of other contenders...

Actually, however, there is good news in the Islamic world this week.  Disgusted and enraged by ISIS barbarism in the name of their religion, Moslems all over the world are partaking in their version of the "ice bucket challenge" craze - the ISIS Flag Burning Challenge.

I particularly like the topless Femen feminist flag burners.  Good for them all.

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WHY ARE THEY NOT IN JAIL?


The Obama administration is arguably the most corrupt administration in U.S. history.

Corruption destroys civil society and economic growth by undermining the rule of law and protection of private property. Corruption takes many forms, from the simple payment to a government official for a favor, to the failure of government employees to do what they are paid to do, to gross abuse of power.

Eric Holder's  "Justice" Department is involved in a $100 billion shakedown racket against the big banks. It has been able to greatly expand its budget outside the legislative process by obtaining financial "settlements" from the private sector, through threats, intimidation and asset forfeiture.

This is corruption on a massive scale. The real question should be: Why is Mr. Holder not in jail?

If regulatory agency officials are not doing what they are legally required to do, why are they not in jail?

Those in government who waste or misspend funds for which they have a fiduciary responsibility are stealing from their employer - the American taxpayer. Why are they not in jail?

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NO MORE POLITICAL CORRECTNESS REGARDING MOSLEM ANTI-SEMITISM


[This speech was delivered at the Israeli Embassy in Prague on May 26 in celebration of Yom Ha'atzmaut, Israel's Independence Day, by Milos Zemin, President of the Czech Republic]

Ladies and gentlemen,

Let me thank you for the invitation to celebrate Israel's Independence Day. There are dozens of days of independence being celebrated every year in the Czech Republic. Some I may attend, others I cannot. There is one I can never miss, however: it's the Israeli Independence Day.

There are states with whom we share the same values, such as the political horizon of free elections or a free market economy. However, no one threatens these states with wiping them off the map. No one fires at their border towns; no one wishes that their citizens would leave their country.

There is a term, political correctness. This term I consider to be a euphemism for political cowardice. Therefore, let me not be cowardly. It is necessary to clearly name the enemy of human civilization.

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HEALTH FREEDOM AS THE ALTERNATIVE TO OBAMACARE FASCISM


In response to the catastrophic failure of Obamacare - which has only begun and is going to get vastly worse - panicking Democrats are now yelling to Republicans, "Well, what's your plan?  At least we're trying the solve America's health care crisis, and all you offer is the repeal of our efforts with nothing as an alternative."

At the briefest glance and before actually thinking about the Dem criticism, this seems a valid point.  Just where is the Pub alternative to Obamacare?

However, there are two completely false assumptions the Dems are making.  First is that America has a "health care crisis" in the first place, and second, that it requires a massive government solution - that only massive government intervention in health care can solve the crisis, as the free market has failed to do so.

That is the crux of the Democrats' and Obama's argument.  If they and he can't make these two assumptions, they and he have nothing left to say.  So, let's start by taking both away from them.  Then we'll provide the alternative.  Ten of them, in fact.

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THE PILGRIMS WERE THANKFUL FOR THE BOUNTY OF CAPITALISM


On Thanksgiving Day, Americans gather with their family and friends to celebrate the blessings that Providence has bestowed on their beloved country.

A deep appreciation of these blessings involves understanding that they were earned.  It is to understand the awesome truth of how "God helps those who help themselves" applies to the Mayflower Pilgrims and their First Thanksgiving at America's birth.

This is an appreciation and understanding of which those on the Left are incapable - for it would mean celebrating the capitalist freedom that made that original Thanksgiving possible.  This no liberal, no Democrat, no leftie can do.  Thus they must distort history instead.

The distortion starts in Kindergarten, with the childish make-believe of your kid's school play portraying the noble Squanto teaching the helpless Pilgrims how to feed themselves. So let's drop the curtain on the distortion and watch the real thing. Here it is.

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