Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: Fraud

Congressional Ethics an Oxymoron?

Unofficial seal of the United States Congress

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USA Today seems surprised at the number of ethics cases making headlines recently, referring to the trials being faced by Representatives Charles Rangel (D-N.Y.) and Maxine Waters (D-Calif.), noting that the number of such cases “has jumped dramatically in the past year.” In the first six months of 2010, “an independent congressional watchdog began 44 ethics investigations,” while the Office of Congressional Ethics has recommended that the House ethics committee “take action against 13 lawmakers.”

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Reports of ACORN’s Death Greatly Exaggerated

ACORN

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Following the announcement on Sunday that the ACORN Association Board had “approved a set of steps to responsibly manage the process of bringing its operations to a close over the coming months,” spokesman Kevin Whelan tried to explain it away by saying, “It’s really declining revenue in the face of a series of attacks by partisan operatives and right-wing activists that have taken away our ability to raise the resources we need.”

Bertha Lewis, ACORN CEO, expanded on why ACORN was closing its doors: “ACORN has faced a series of well-orchestrated, relentless, well-funded right wing attacks that are unprecedented since the McCarthy era. The videos were a manufactured, sensational story that led to rush to judgment and an unconstitutional act by Congress.”

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Another Obama, Clinton Fundraiser Going to Jail

President Barack Obama and sec. of State Hilla...

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It surprised few close observers of the current political scene to learn that another Democratic fundraiser, Hassan Nemazee, admitted to fraud in raising money for Hillary Clinton and Barack Obama. Iranian national Nemazee pled guilty in Manhattan Federal Court last week to charges of defrauding Bank of America, Citibank, HSBC Bank USA, as well as a “longtime friend and business associate” of nearly $300 million, much of which was funneled into the political campaigns of Senator Clinton and presidential candidate Obama.

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Social Security’s Nest Egg is Officially Cracked

Broken Egg

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In a misleading article by Associated Press that IOUs “stashed away” in an investment account in Parkersburg, West Virginia, were going to have to be sold to meet Social Security shortfalls, all the attention was on the location of the account instead of what was in it.

Analyzed here and elsewhere, Social Security is now suffering in the open as a result of unconstitutional and unsound financial assumptions starting in 1935. First of all, the gigantic welfare program, the largest government transfer program in the world, was sold to the American people during the Great Depression as an annuity guaranteed by the federal government. In fact, it still retains the early efforts to link Social Security to the insurance industry (which, at that time, still retained a high degree of public trust) by calling it the Federal Insurance Contributions Act, or FICA.

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Democrat Options in Massachusetts Senate Race: Delay, Dither, and Litigate

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With polls predicting a clear win by Scott Brown in the Massachusetts special election for the Senate seat vacated as a result of Senator Ted Kennedy’s death last summer, and the Democrats determined to pass Obama’s healthcare bill, the White House and Democratic congressional leaders are scrambling to put together Plan B.

As noted here, there are several options under consideration.

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Is Social Security a Ponzi Scheme?

Mug shot of Charles Ponzi (March 3, 1882 – Jan...

More than $16 billion of investors’ money evaporated in Ponzi schemes in 2009, according to the Associated Press. Although the names Bernie Madoff and Allen Stanford were in the headlines in 2009, many other Ponzi schemes were uncovered as the economy declined, making continued payouts to investors impossible.

As Warren Buffet said, “Only when the tide goes out do you discover who’s been swimming naked.”

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Frank Luntz Filters Gun Owners

Frank Luntz

In Monday’s editorial, the New York Times reported the results of a Frank Luntz poll indicating that NRA members are much softer on key issues than the National Rifle Association itself.

Unfortunately, the editorial was rife with filters in the form of hot labels and emotionally-laden words and phrases that immediately impugned the validity of the results of the study.

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.
Copyright © 2018 Bob Adelmann