Religious Liberty In the U.S. Armed Forces from FRC

"The Obama administration has joined forces with those who are attacking the religious freedoms of those who serve in our Armed Services. The administration's opposition to Rep. Fleming's religious freedom amendment reveals that this administration has gone beyond accommodating the anti-Christian activists who want to remove any vestige of Christianity from the military, to aiding them by blocking this bipartisan measure.

"The Fleming amendment protects the right of service members to not only hold religious beliefs but to act on them and freely practice those beliefs as long as they pose no threat to U.S. Constitutional liberties.

"This chilling suppression of religious freedom is driving faith underground in our military and will eventually drive it out. This not only deprives those who serve of the benefits that flow from religious participation, but it undermines the moral foundation of the world's most powerful military and the country they serve. This should concern everyone.

"We commend Rep. Fleming and the House Armed Services Committee for taking action to protect the rights of service members to freely practice and express their faith. More than 167,000 Americans have signed our petitions in the wake of religious liberty violations that are becoming more and more frequent."

America Is Bankrupt and Sinking Fast

Where is the outrage? The Owe-bama administrations have been in a full-court press for wealth redistribution since January 2009. Some readers from the South say 'We elected him President'. In the words of the indian scouts with Custer 'What's this we stuff?'

Dr. Bernacke's term ends early next year. He has done his best to take the wealth of the poor and elderly and subsidize those “greedy” bankers. Taxpayers now own $5,000B of mostly toxic debt. I have been an investor for almost 20 years, and I would never buy foreclosed or defunct debt for 100 cents on the dollar. The banks may increase lending now that they have fewer “non-performing assets”, but the 2009 bailout resulted in a massive consolidation but not much lending.

We are forced to give the government our hard-earned resources through government taxes/fees, borrowing and printing money. There are fortunately enough in government who believe that we have been Taxed Enough Already – although they are are in the crosshairs of the American Gestapo (IRS). The world has grown cold to buying U.S. debt. The Fed now buys the majority. Debasing the currency has been used since the U.S. became a debtor nation. What cost $1 in 1913 when the Federal Reserve Act was passed now costs $23.49. I have a $100Trillion note from Zimbabwe demonstrating the extreme result of debasing a currency. I also have a $5000 coin from Mexico. Clinton had to bail out our neighbor during his first term.

We have had 2 large bubbles burst already this century – the tech bubble and the housing bubble. There are 4 others set to burst, the dollar bubble, the government debt bubble, the student loan bubble and the personal credit bubble. Many nations want to replace the dollar as the reserve currency with a “basket of currencies” - the dollar, euro, pound, yen and yuan. This would be like SDRs from the IMF. The national debt is about $17T. Interest is about $400B each year with a 2-year Treasury note at 0.3% If the interest rate goes to 3%, then the interest will be $4,000B. The default rate on student loans is often more than 20%. Interest rates will be tied to the 10-year rate + 3.4%. This is currently 5.38% As home prices recover, Americans will again use the “equity value” in their homes as an ATM machine. It would be a great time to remember that the debtor is a slave to the lender!