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    • U.S. GDP Cools As Eurozone Inflation Heats Up – Ep. 245:
      Summary: The Europeans released their inflation numbers today.  Year over year, inflation in the Eurozone are increasing at an average of 1.9%, which is Mario Draghi’s objective.  This is a 4-year high in CPI increase.  How does Draghi justify more stimulus? In the U.S. growth is lower than forecast, while inflation is higher than forecast. […] The post U.S. […]
    • Damn the Deficits, Huge Tax Cuts Ahead!
      By: Peter Schiff, President and CEO Euro Pacific Capital Donald Trump has made good on one of his most audacious campaign promises by submitting what he describes as the biggest tax cut in U.S. History. For once, at least, this does not appear to be Trumpian braggadocio. It really may be the mother of all tax […] The post Damn the Deficits, Huge Tax Cuts Ahe […]
    • Trump Tax Cuts To Starve The Beast – Ep. 244
      Summary: President Trump actually delivered on his promise of the largest tax cut in American history, and he delivered it on time.  Trump may have presented a plan with built-in bargaining positions, or he might even intend to pass a tax bill that will “starve the beast”. The interesting thing is that the President is […] The post Trump Tax Cuts To Starve T […]
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      Summary: Government spending creates the greatest drag on the U.S. economy.  Cutting taxes, even the “biggest tax cut ever” cannot stimulate the economy alone.  So if you’re fed up with paying taxes, if you think you are over-taxed,  and you are, it’s because the government is spending too much money. The only real way to […] The post Spending, Not Taxes, Me […]
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The Tea Party Patriots American Policy Summit (Feb 26th – 28th)

This weekend marks the Tea Party Patriots first annual conference over in Pheonix, Arizona.  The American Policy Summit is a gathering of the top Tea Party Activists in America geared toward connecting all of our groups and individuals to focus them on success.

If you don’t want to attend the conference physically, you can watch all the general sessions online by signing up for the virtual conference here: http://www.summit11.org/virtual_summit/v_display.

Thus far the speakers haven’t been that bad, and I especially enjoyed the talk by Yaron Brook, president of the Ayn Rand Center for Individual Rights (an organization I didn’t expect to be there).  Also, Ron Paul is due to speak at the afternoon session on Saturday at 1 PM mountain time.  They will also be holding a presidential straw poll, and I strongly encourage everyone who can attend online to go vote for Dr. Paul!  This will be a highly publicized straw poll and if Ron Paul can win this along with CPAC then it will spit in the face of those who thinks he has no legitimacy as a candidate.

Rand Paul Tea Party Money Bomb Today!

Today there is a money bomb for Rand Paul’s campaign and you can donate on the main website here http://www.randpaul2010.com/.  For those who don’t know, Dr. Rand Paul is an opthemologist who is running for Senate on the Republican ticket in Kentucky and is the son of Ron Paul.  The significance of chosing today as the money bomb is that it is the anniversary of the Boston Tea Party, a very important event in our history that eventually lead to the Revolutionary War.  Also, this was the date two years ago when Ron Paul’s presidential campaign broke the online one day fundraising record by having a money bomb that brought more than 6 million dollars in, putting his campaign on the map.  So far Rand Paul, who has never had a career in politics, has surprised the establishment candidate Trey Grayson by not only out fundraising him, but also pulling ahead of him in the polls.  Electing him to Senate will not only be a big blow against the status quo, but it will be a big victory for the cause of freedom.

Tea Party Protests – July 4th

There will be another nation wide Tea Party protest this coming weekend on Sat., July 4th.  For those in Santa Barbara, we are having events on Friday and Saturday.  Here are the details (from the website http://www.santabarbarateaparty.com/):

Santa Barbara Tea Party & Culpepper Society Presents

Independence Day Events
Two Days of Celebrating America’s 232nd Birthday

Friday, July 3 @ 7 PM
De la Guerra Plaza

Wild West Show & Freedom Rally Starring Buffalo Bill and Friends ~ On stage at De la Guerra Plaza, Hollywood actor Peter Sherayko headlines 4th of July Kick-Off Event as Buffalo Bill.  The show incorporates musical performances & retro Buffalo Bill acts and a non-partisan political rally. Appearances by “Calamity Jane,” “Annie Oakley,” Tax Pro Joe Armendariz, Ryan McNichols and others make the evening memorable.

Saturday, July 4 @ 11 AM
Assemble @ State @ Micheltorena Street

Buffalo Bill arrives on Horseback to lead SBTP & Culpepper Society Contingent in Santa Barbara’s 4th of July Parade. Our group is positioned at the end of the parade. Route begins at Sola and ends at Cota Street. Assembly is at Micheltorena Street @ State. Register for further information and updates if you are not already on our email list. Signs are permitted per our online Policy Statement and in respect for Spirit of ‘76, the parade host.

For people looking for more information on Tea Parties near you, check out the following website: http://www.teapartyrevolution.com/Default.aspx

Also, the following website can be of help: http://www.nationwidechicagoteaparty.com

The Tax Day Tea Party Protest in SB

During my lunch break on Wednesday, April15th (Tax Day), I attending my local tea party rally in downtown Santa Barbara.  I wasn’t expecting too many people to be there because Santa Barbara is a very liberal city and it was in the middle of the day when most people are working a normal job.  However, I was pleasantly surprised when I drove by Alameda Park, the staging ground of the Tea Party protest, and saw about 300+ people congregating around some speakers and a musician.  Some people were carrying various types of US and Gadsden (don’t tread of me) flags, some had signs with different slogans such as “Born Free, Taxed to Death” and “Give me Freedom, Not Debt!”, while others were wearing shirts or hats adorned with tea bags.  The crowd was quite diverse and included everyone from senior citizens and war veterans, to middle and working class folks, and even some students from UCSB as well as high school and grade schools.  In the middle of the group, a one man band was playing his guitar and singing songs to inspire and pump up the crowd (such as Twisted Sister’s “We’re Not Going to Take It”),  and in between songs people were coming up and giving short speeches to fire up the crowd (including two very impassioned speeches by young men at the end). 

After getting fired up, the group proceeded with stage II of the rally, to march to the IRS building a couple blocks down from the park.  As we were marching the local media was there covering the event, including the well known John Palminteri (the Ron Burgundy of SB).  Many people were being pulled aside for interviews, including some of the younger men who gave the great speeches, and I made sure to be in the background so I could be on television (which a coworker confirmed the next day :-P).  After marching to the lair of the usurpers (the IRS building), we proceeded to march down to State Street and then looped back to Alameda Park.  Being a part of a local Ron Paul meetup group, I was happy to see several other members there getting people to sign the petition for Dr. Paul’s HR 1207 to Audit the Federal Reserve.  One person also gave an informal short talk in front of the IRS building about the Federal Reserve and this made me happy to see some people there who were awake (and not just some conservatives who were “Johnny-come-latelies”).

Many liberals are scoffing at these nation-wide tea party protests, thinking that it’s just a bunch of conservatives poking their fingers in the eyes of liberals, and think they’re hypocritical because no one was speaking up like this during the Bush years when they were spending like drunken sailors (no offense to drunken sailors).  To me it’s quite obvious why these tea parties are taking place, it’s because now we are in a recession, millions are losing their jobs and wealth, and people are PISSED!  During the Bush years, although the administration was completely oblivious to the damage it was doing to the economy, people were happy because the stock market and housing market were sky rocketing.  Unbeknownst to them, all the wealth being accumulated was just fake and a product of a giant bubble that had been growing ever since Greenspan at the Fed was pumping in easy money after the dot com bust.  Now that the bubble has burst, so has all the phony wealth followed by the bad businesses and misallocated jobs.  What has the Obama administration decided to do to handle this crisis?  They’re trying their hardest to blow the bubble right back up by spending and borrowing their way into the biggest deficit holes we’ve experienced.  Obviously, Fox News and the conservative right are going to take advantage of the public’s growing sentiments against all these bail outs and stimulus packages from the government. 

I share in many of the same sentiments that people at the tea party protests do, but I see all these issues of taxes and big government spending as more of an effect caused by a bigger, underlying problem.  The problem is the Federal Reserve.  The Fed makes it possible for all of these big government spending programs and bail outs and is the culprit behind all of our economic bubbles the past 80 years.  It’s a group of private international bankers who control our money supply and monetize our government’s debt, and they are ultimately going to cause the destruction of our wealth if we don’t do something about bringing back honest money to America.  I was glad to see a number of supporters there at the rally speaking out against the Fed and opening up to Ron Paul’s message.  It’s becoming a lot more accepted now in the conservative right than it was a year ago (sadly), and I’m hoping that this message of freedom will keep spreading.  I believe that the conservatives are starting to open their eyes and see how destructive the Bush presidency was.  They need to figure out a new way, and hopefully they can discover the principles of Ron Paul and the Campaign for Liberty.