North American Freedom Issue #1 Vol.1
April 6, 2009
Editorial
Welcome to the first issue of North American Freedom.
This newsletter and blog is set up to teach people and let people know
about the issue you might have missed. We believe in Freedom for all of
North America. We are like the Minutemen from our Revolution from long
ago.*Warning* The State is coming! The State is coming and more laws and
rules passed into law. Tell your friends and let them know what is going
on. The voters need information for 2010. Be that information. We need
leaders who follow the bill of rights and who did not view it as legend on
a map.
The State and Federal Governments of the USA are passing all kinds of
Intolerable Acts. Just like is 1774. What are they thinking? New York State
is really asking for it with all the taxes they trying to pass.All of North
America should be free. Canada and Mexico need to keep Government out of
their noses as well. We are looking for stories about them.
The fight for your mind is at your doorstep. The State wants to control
your life. It is here. The time to defend the ideas of Liberty is now. You
can no longer ignore what is going on.The first step of defending Liberty
is education before you take any action. The second is to meet people who
feel the same and third is to take steps that work. We will do our best to
look for stories that let you make up your own mind. If you want to be
free, you have to be informed. Please let us know what you think.
Enjoy the newsletter and blog.
-Tom Brown Editor of North American Freedom
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Freedom Alert #1
The American SpectatorIl Duce, Redux?By Quin Hillyer
on 4.2.09 @ 6:09AM
Trying to handle the crisis, the Fascist government nationalized the
holdings of large banks which had accrued significant industrial
securities. The government also issued new securities to provide a source
of credit for the banks and began enlisting the help of various cartels….
http://spectator.org/archives/2009/04/02/il-duce-redux
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Interesting Ideas #1 Vanishing RepublicMore than 200 years ago, Prof. Alexander Tyler mused that:
“A democracy cannot exist as a permanent form of government. It can only
exist until the voters discover that they can vote themselves largess from
the public treasury.From that moment on, the majority always votes for the
candidate promising the most benefits from the public treasury, with the
result that a democracy always collapses over loose fiscal policy…always
followed by a dictatorship.”
The average age of the worlds greatest civilizations from the beginning of
history, has been about 200 years.
During those 200 years, these nations always progressed through the
following sequence:
1. From bondage to spiritual faith;
2. From spiritual faith to great courage;
3. From courage to liberty;
4. From liberty to abundance;
5. From abundance to complacency;
6. From complacency to apathy;
7. From apathy to dependence;
8. From dependence back into bondage"
He wrote this back in 1787 about fall of the Athenian Republic.
Do you find these words ring true today?
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Freedom *Red Alert* of the day.
THE DECLARATION OF INDEPENDENCE HAS BEEN REPEALEDBy Dick Morris
www.dickmorris.com
04.6.2009
On April 2, 2009, the work of July 4, 1776 was nullified at the meeting of the G-20 in London. The joint communiqué essentially announces a global economic union with uniform regulations and bylaws for all nations, including the United States. Henceforth, our SEC, Commodities Trading Commission, Federal Reserve Board and other regulators will have to march to the beat of drums pounded by the Financial Stability Board (FSB), a body of central bankers from each of the G-20 states and the European Union.
The mandate conferred on the FSB is remarkable for its scope and open-endedness. It is to set a “framework of internationally agreed high standards that a global financial system requires.” These standards are to include the extension of “regulation and oversight to all systemically important financial institutions, instruments, and markets…[including] systemically important hedge funds.”
Note the key word: “all.” If the FSB, in its international wisdom, considers an institution or company “systemically important”, it may regulate and over see it. This provision extends and internationalizes the proposals of the Obama Administration to regulate all firms, in whatever sector of the economy that it deems to be “too big to fail.”
The FSB is also charged with “implementing…tough new principles on pay and compensation and to support sustainable compensation schemes and the corporate social responsibility of all firms.”
That means that the FSB will regulate how much executives are to be paid and will enforce its idea of corporate social responsibility at “all firms.”
The head of the Financial Stability Forum, the precursor to the new FSB, is Mario Draghi, Italy’s central bank president. In a speech on February 21, 2009, he gave us clues to his thinking. He noted that “the progress we have made in revising the global regulatory framework…would have been unthinkable just months ago.”
He said that “every financial institution capable of creating systemic risk will be subject to supervision.” He adds that “it is envisaged that, at international level, the governance of financial institutions, executive compensation, and the special duties of intermediaries to protect retail investors will be subject to explicit supervision.”
In remarks right before the London conference, Draghi said that while “I don’t see the FSF [now the FSB] as a global regulator at the present time…it should be a standard setter that coordinates national agencies.”
This “coordination of national agencies” and the “setting” of “standards” is an explicit statement of the mandate the FSB will have over our national regulatory agencies.
Obama, perhaps feeling guilty for the US role in triggering the international crisis, has, indeed, given away the store. Now we may no longer look to presidential appointees, confirmed by the Senate, to make policy for our economy. These decisions will be made internationally.
And Europe will dominate them. The FSF and, presumably, the FSB, is now composed of the central bankers of Australia, Canada, France, Germany, Hong Kong, Italy, Japan, Netherlands, Singapore, Switzerland, the United Kingdom, and the United States plus representatives of the World Bank, the European Union, the IMF, and the Organization for Economic Co-operation and Development (OECD).
Europe, in other words, has six of the twelve national members. The G-20 will enlarge the FSB to include all its member nations, but the pro-European bias will be clear. The United States, with a GDP three times that of the next largest G-20 member (Japan), will have one vote. So will Italy.
The Europeans have been trying to get their hands on our financial system for decades. It is essential to them that they rein in American free enterprise so that their socialist heaven will not be polluted by vices such as the profit motive. Now, with President Obama’s approval, they have done it.
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Copyright 2009
North American Freedom