The Pronk Pops Show 1399, February 14, 2020, Story 1: Department of Justice Will Not Prosecute Former Deputy FBI Director Andrew McCabe — When are U.S. Attorney John Durham Indictments Coming Down for Illegally Syping on Trump Campaign? — Summer or 12th of Never — Will Justice Be Done — Videos — Story 2: Department of Justice Unseals 16-Count Indictment Against Huawei To Steal Trade Secrets of Six U.S. Companies — Videos — Story 3: Just Walk Away From Two Party Tyranny Big Government Parties — Walk Away Renee — Videos

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Story 1: Department of Justice Will Not Prosecute Former Deputy FBI Director Andrew McCabe — When are U.S. Attorney John Durham Indictments Coming Down for Illegally Syping on Trump Campaign? — Summer or 12th of Never — Will Justice Be Done — Videos

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FBI Director Confirms to Ratcliffe that FBI Illegally Surveilled Trump Campaign Associate

Feb 10, 2020

Gohmert in Judiciary Hearing on FBI Oversight: “This is Serious”

Hannity: Democrats’ unequal standard of justice exposed

Trish Regan: Andrew McCabe walking free is ‘a total injustice’

Gaetz: An old FBI business card isn’t a ‘get out of jail free card’

Feb 14, 2020

Trump notably quiet on DOJ decision not to prosecute Andrew McCabe

Bannon: GOP has to subpoena John Brennan, Adam Schiff

Feb 8, 2020

DOJ Declines To Prosecute Former FBI Deputy Director Andrew McCabe | Andrea Mitchell | MSNBC

‘General Flynn was set up’: KT McFarland

IG report hearing part 4: Lindsey Graham questions Michael Horowitz

Dec 11, 2019

Cruz on spying: This wasn’t Jason Bourne, this was ‘Beavis and Butt-head’

Dec 11, 2019

Tom Fitton: Why is the DOJ Editing “302” Interviews They Had With General Flynn?

Sebastian Gorka Radio: Trust Bill Barr and John Durham. Matt Whitaker with Sebastian Gorka

Hans von Spakovsky: CIA Director Haspel is Obligated to Comply with the Durham Investigation

Spygate Indictments Coming, Says Former Intelligence Operative Tony Shaffer

Aug 10, 2019

Fitton: Ohr 302s show ‘disturbing’ desperation to oust Trump

Aug 9, 2019

Tucker Carlson – Trump’s Claims of Spying

May 13, 2019

Did the Obama administration spy on the Trump campaign?

May 22, 2018

FBI Trump campaign spying allegations: How much did Obama know?

May 21, 2018

Roger Stone reacts to reports FBI spied on Trump campaign

May 17, 2018

DiGenova: Comey, Clapper and Brennan will have to pay the ‘Barr bill’

May 14, 2019

Watch Barr double down on Trump spying claims in heated exchange

FBI chief: No evidence of spying on Trump campaign

Barr: ‘I think spying did occur’ on Trump campaign

Apr 10, 2019

Former US attorney: FBI officials will likely face charges

Feb 7, 2018

Should Obama be investigated over Trump wiretapping claims?

Mar 31, 2017

Former FBI agent says his privacy was violated by Justice Dept.

AG Barr appoints outside prosecutor to review Michael Flynn case

Should officials who started the Russia probe be worrying?

Russia origins probe now a criminal investigation

Former US attorney: FBI officials will likely face charges

Johnny Mathis – 12th of Never

Why Wasn’t Andrew McCabe Charged?

The proof that he willfully deceived investigators appears strong, but the Justice Department likely felt there were too many obstacles to convicting him.

The Justice Department announced Friday that it is closing its investigation of Andrew McCabe, the FBI’s former deputy director, over his false statements to investigators probing an unauthorized leak that McCabe had orchestrated. McCabe was fired in March 2018, shortly after a blistering Justice Department inspector general (IG) report concluded that he repeatedly and blatantly lied — or, as the Bureau lexicon puts it, “lacked candor” — when questioned, including under oath.

I emphasize Flynn’s intent because purported lack of intent is McCabe’s principal defense, too. Even McCabe himself, to say nothing of his lawyers and his apologists in the anti-Trump network of bureaucrats-turned-pundits, cannot deny that he made false statements to FBI agents and the IG. Rather, they argue that the 21-year senior law-enforcement official did not mean to lie, that he was too distracted by his high-level responsibilities to focus on anything as mundane as a leak — even though he seemed pretty damned focused on the leak while he was orchestrating it.

It will be a while before we learn the whole story of why the Justice Department walked away from the McCabe case, if we ever do. I have some supposition to offer on that score. First, however, it is worth revisiting the case against McCabe as outlined by the meticulous and highly regarded IG, Michael Horowitz. If you want to know why people are so angry, and why they are increasingly convinced that, for all President Trump’s “drain the swamp” rhetoric, a two-tiered justice system that rewards the well-connected is alive and well, consider the following.

In fact, the Bureau’s then-director, James Comey, had tried to keep the Clinton Foundation probe under wraps, refusing to confirm or deny its existence even to the House Judiciary Committee. Comey had been right to stay mum: Public revelation would have harmed the probe and thrust the FBI deeper into the politics of the then-imminent 2016 presidential election, in which Hillary Clinton was the Democratic candidate and her investigation by the Bureau was an explosive campaign issue.

Notwithstanding these concerns, according to Horowitz’s report, McCabe orchestrated the leak “to advance his personal interests” — to paint himself in a favorable light in comparison to Justice Department officials amid an internal dispute about the Clinton Foundation probe (specifically, about the Obama Justice Department’s pressure on the Bureau to drop it). As the IG put it: “McCabe’s disclosure was an attempt to make himself look good by making senior department leadership . . . look bad.”

McCabe’s account has been contradicted by Comey, a witness who is otherwise sympathetic to him and hostile to the Trump Justice Department, and whose actions — like his — are being examined in prosecutor John Durham’s probe of the Trump-Russia investigation. Comey’s testimony is directly at odds with McCabe’s version of events, and the IG painstakingly explained why the former director’s version was credible while his deputy’s was not. (Comey was, nevertheless, exceedingly complimentary of McCabe after the IG report was published.)

Page is regarded by McCabe backers as key to his defense. She reportedly told the grand jury that, because McCabe had authority to approve media disclosures, he had no motive to lie about the leak. That’s laughable. McCabe did serially mislead investigators, so plainly he had some reason for doing so. But even putting that aside, the IG’s conclusion was not that McCabe lacked authority to leak; it was that he lacked a public-interest justification for exercising that authority. He leaked for self-promotion purposes, and then he lied about it because it was humiliating to be caught putting his personal interests ahead of the Bureau’s investigative integrity. That said, Page’s account does illuminate a problem for prosecutors: It’s tough to win a case when your witnesses are spinning for the defendant. (Oh, and have you seen Page’s tweet toasting McCabe in the aftermath of the news that the DOJ had closed the investigation?)

McCabe’s Multiple False Statements

Barrett’s Journal article appeared on October 30, 2016. The very next day, McCabe deceived Comey about it, indicating that he had not authorized the leak and had no idea who its source was. In Comey’s telling, credited by the IG, McCabe “definitely” did not acknowledge that he had approved the leak.

Thereafter, the FBI’s Inspection Division (INSD) opened an investigation of the leak. On May 9, 2017, McCabe denied to two INSD investigators that he knew the source of the leak. This was not a fleeting conversation. McCabe was placed under oath, and the INSD agents provided him with a copy of Barrett’s article. He read it and initialed it to acknowledge that he had done so. He was questioned about it by the agents, who took contemporaneous notes. McCabe told the agents that he had “no idea where [the leaked information] came from” or “who the source was.”

On July 28, 2017, McCabe was interviewed by the IG’s office — under oath and recorded on tape. In that session, he preposterously claimed to be unaware that Page, his FBI counsel, was directed to speak to reporters around the time of the October 30 Journal report. McCabe added that he was out of town then, and thus unaware of what Page had been up to. In point of fact, McCabe had consulted closely with Page about the leak. A paper trail of their texts and phone contacts evinced his keen interest in Page’s communications with Barrett. Consequently, the IG concluded that McCabe’s denials were “demonstrably false.”

Clearly concerned about the hole he had dug for himself, McCabe called the IG’s office four days later, on August 1, 2017, to say that, shucks, come to think of it, he just might have kinda, sorta told Page to speak with Barrett after all. He might even have told her to coordinate with Mike Kortan, then the Bureau’s top media liaison, and follow-up with the Journal about some of its prior reporting.

As the IG observed, this “attempt to correct his prior false testimony” was the “appropriate” thing for McCabe to do. Alas, when he was given an opportunity to come in and explain himself, he compounded his misconduct by making more false statements while under oath: In an interview with investigators on November 29, 2017, McCabe purported to recall informing Comey that he, McCabe, had authorized the leak, and that Comey had responded that the leak was a good idea.

These were quite stunning recollections, given that the deputy director had previously disclaimed any knowledge about the source of the leak. But McCabe took care of that little hiccup by simply denying his prior denial. That is, he insisted that he had not feigned ignorance about the leak when INSD interviewed him on May 9. Indeed, McCabe even denied that the May 9 interview had been a real interview. To the contrary, he claimed that agents had casually pulled him aside at the conclusion of a meeting on an unrelated topic, and peppered him out of the blue with a question or two about the Journal leak. As General Flynn could tell you, that sort of thing can be tough on a busy top U.S. government official . . . although Flynn did not get much sympathy for it when McCabe was running the FBI.

Again, the IG concluded that McCabe’s version of events was “demonstrably false.”

McCabe Covers His Tracks

As an old trial lawyer, I’d be remiss if I failed to rehearse my favorite part of the IG’s report — the part that would tell a jury everything they needed to know about good ol’ Andy McCabe.

Again, the Journal story generated by McCabe’s leak was published on October 30, a Sunday. Late that afternoon, McCabe called the head of the FBI’s Manhattan office. Why? Well . . . to ream him out over media leaks, that’s why. McCabe railed that New York agents must be the culprits. He also made a similar call to the Bureau’s Washington field office, warning its chief to “get his house in order” and stop these terribly damaging leaks.

It is worth remembering McCabe’s October 30 scolding of subordinates when you think about how he later claimed that, on the very next day, he’d freely admitted to his superior, Comey, that he himself was the source of the leak. Quite the piece of work, this guy: To throw the scent off himself after carefully arranging the leak, McCabe dressed down the FBI’s two premier field offices, knowing they were completely innocent, and then pretended for months that he knew nothing about the leak.

This is the second-highest-ranking officer of the nation’s top law-enforcement agency we’re talking about, here.

The Non-Prosecution Decision

We may never get a satisfying explanation for the Justice Department’s decision to drop the McCabe probe. That’s the way it is when such complicated reasons and motives are at play.

The aforementioned challenge of hostile witnesses is not to be underestimated. In addition, there are growing indications that the Justice Department had lost confidence in the U.S. attorney who was overseeing the probe, Jesse Liu. As I noted this week, while Liu was once seen as a rising Trump administration star, she was quietly edged out of her post last month, and the White House just pulled her nomination to fill an important Treasury Department post.

There have been rumblings that the McCabe investigation was botched. Kamil Shields, a prosecutor who reportedly grew frustrated by her supervisors’ inordinate delays in making decisions about the McCabe probe, ultimately left the Justice Department to take a private-practice job. Another prosecutor, David Kent, quit last summer as DOJ dithered over the decision on whether to prosecute. Things became so drawn out that the investigating grand jury’s term lapsed. Meanwhile, the Justice Department endorsed Liu’s aggressive decision to bring a thin, politically fraught false-statements case against former Obama White House counsel Greg Craig, in connection with lobbying for a foreign country — the sort of crime that is rarely prosecuted. Craig was swiftly acquitted. Reportedly, Liu advocated charging McCabe, but the DOJ may have harbored doubts about her judgment.

No matter the outcome, the Justice Department stood to take some hits if McCabe had been charged. Focus on McCabe’s leak would have drawn attention to pressure DOJ officials had put on the Bureau over the Clinton Foundation investigation (which, reportedly, is likely to be closed without charges). It would also renew interest in the question of whether the FBI improperly allowed McCabe to play a role in Clinton-related investigations when his wife, as a political candidate, got major funding from Clinton-tied sources.

Moreover, new Freedom of Information Act disclosures — made to meet a deadline set by District Judge Reggie Walton, which may explain the timing of the non-prosecution announcement — indicate that the Justice Department and FBI did not comply with regulations in what appears to be the rushed termination of McCabe, adding heft to the former deputy director’s claim that he was being singled out for abusive treatment, potentially including prosecution, because of vengeful politics.

On that score, Judge Walton took pains to decry the fusillade of tweets directed at McCabe by President Trump. I must note here that if a district U.S. attorney publicly labeled as a liar a suspect the Justice Department had indicted for false statements, that U.S. attorney would be sanctioned by the court. The U.S. attorneys, like the rest of the Justice Department, work for Trump. The president is correct when he insists, as he did this week, that he has the constitutional power to intervene in Justice Department matters. But that means he is subject to the same legal obligations that inhibit his Justice Department subordinates. Those obligations include protecting McCabe’s right to a fair trial — a duty the president may chafe at, but which is part of the deal when you take an oath to preserve the Constitution and execute the laws faithfully.

If you envision Judge Walton as part of the Obama-appointed robed resistance, check your premises. He is a no-nonsense jurist originally named to the D.C. Superior Court by President Reagan, and then to the federal district court by President George W. Bush. As Politico reports, he had this to say about President Trump’s commentary on the McCabe investigation:

The public is listening to what’s going on, and I don’t think people like the fact that you got somebody at the top basically trying to dictate whether somebody should be prosecuted. . . . I just think it’s a banana republic when we go down that road. . . . I think there are a lot of people on the outside who perceive that there is undo inappropriate pressure being brought to bear. . . . It’s just, it’s very disturbing that we’re in the mess that we’re in in that regard. . . . I just think the integrity of the process is being unduly undermined by inappropriate comments and actions on the part of people at the top of our government. . . . I think it’s very unfortunate. And I think as a government and as a society we’re going to pay a price at some point for this.

If you want to know why Attorney General Barr was warning this week that the president’s tweets are undermining the Justice Department’s pursuit of its law-enforcement mission, Judge Walton’s words are worth heeding. I have been making this point since the start of the Trump presidency. If you want people held accountable for their crimes, you have to ensure their fundamental right to due process. When the government poisons the well, the bad guys reap the benefits.

Finally, we must note that when the District of Columbia is the venue for any prosecution with political overtones, Justice Department charging decisions must factor in the jury pool, which is solidly anti-Trump.

The proof that McCabe willfully deceived investigators appears strong — it is noteworthy that IG Horowitz, who has strained to give the FBI the benefit of the doubt in many dubious contexts, was unequivocal in slamming McCabe. Nevertheless, a D.C. jury would be weighing that evidence, as discounted by whatever pro-McCabe slant reluctant prosecution witnesses put on it. And the jury would be weighing against that evidence (a) whatever problems caused prosecutors at the U.S. attorney’s office to beg off, and more significantly, (b) defense arguments that McCabe would not have been fired or prosecuted if not for the fact that he had gotten crosswise with a president of the United States whom at least some of the jurors are apt to dislike.

McCabe is not out of the woods yet, of course: The Durham investigation is a separate matter, and it is continuing. But it is unclear whether he will face any criminal charges arising from that inquiry, whereas the now-dead-and-buried false-statements case against him looked cut-and-dried.

The FBI’s former deputy director, though he undeniably misled investigators, remains a commentator at CNN. In the meantime, Papadopoulos is a felon convicted and briefly imprisoned for misleading investigators, while Flynn and Stone are awaiting sentencing on their false-statements charges. That covers both tiers of our justice system.

https://www.nationalreview.com/2020/02/why-wasnt-andrew-mccabe-charged/

 

US won’t charge ex-FBI official McCabe, a Trump target

an hour ago
 In this June 7, 2017, file photo, then FBI Acting Director Andrew McCabe listens during a Senate Intelligence Committee hearing on Capitol Hill in Washington. (AP Photo/Alex Brandon, File)

WASHINGTON (AP) — Federal prosecutors have declined to charge former FBI Deputy Director Andrew McCabe, closing an investigation into whether the longtime target of President Donald Trump’s ire lied to federal officials about his involvement in a news media disclosure, McCabe’s legal team said Friday.

The decision, coming at the end of a tumultuous week between the Justice Department and the White House, is likely to further agitate a president who has loudly complained that federal prosecutors have pursued cases against his allies but not against his perceived political enemies.

The case was handled by the U.S. attorney’s office in Washington, which was at the center of a public rift with Justice Department leadership this week over the recommended sentence for Trump ally Roger Stone. Senior Justice Department officials overruled a decision on a recommended prison sentence that they felt was too harsh, prompting the trial team to quit the case. Attorney General William Barr also took a rare public swipe at Trump by saying in a television interview that the president’s tweets about the Stone case and other matters were making his job “impossible.”

Separately, the Justice Department has begun reviewing the handling of the case against former national security adviser Michael Flynn, a person familiar with the matter said Friday.

On Friday, prosecutors notified McCabe’s attorneys in a phone call and a letter that they were closing the case. The letter, signed by the chief of the office’s public corruption unit, did not give a precise reason but said the decision was reached after “careful consideration” and “based on the totality of the circumstances and all of the information known to the government at this time.”

McCabe’s lawyers, Michael Bromwich and David Schertler, said they were gratified by the decision.

“At long last, justice has been done in this matter,” the lawyers said in a statement. “We said at the outset of the criminal investigation, almost two years ago, that if the facts and the law determined the result, no charges would be brought.”

Speaking Friday on CNN, where he works as a contributor, McCabe said it was an “absolute disgrace” that the investigation had taken so long and that he was relieved to be done with a process that he described as “so unbelievably tense.”

Though federal prosecutors wrote that they consider the matter closed, Justice Department actions in the last few months have proven unpredictable, with a willingness to scrutinize or revisit decisions that had appeared resolved.

McCabe, a frequent target of Trump’s attacks, has denied that he intentionally misled anyone. He has said his 2018 firing — for what the Justice Department called “lack of candor” — was politically motivated. He sued the Justice Department in August, saying officials had used the inspector general’s conclusions as a pretext to rid the FBI of leaders Trump perceived as biased against him.

The decision is likely to further exacerbate tensions between Trump and Barr, who before speaking out in the television interview had privately complained to aides and the president himself that Trump’s comments about the Justice Department were undercutting his political agenda and raising questions about the department’s credibility. The White House was not given a heads-up about the decision beforehand, a person familiar with the matter said. The person spoke on condition of anonymity to discuss private conversations.

The moment came against a backdrop of growing anger from Trump at the Justice Department. The president has seethed that more of his political enemies have not been charged, included former FBI Director James Comey and his associates.

The president was particularly incensed no charges were filed over Comey’s handling of memos about his interactions with Trump, a matter that was referred to the Justice Department for potential prosecution, according to a White House official and Republican close to the White House who weren’t authorized to speak publicly about private discussions and spoke on condition of anonymity.

The president angrily denounced the decision and berated Barr over it, according to the officials. Aides expected that the decision not to charge McCabe could produce a similar eruption of rage. Trump did not address the matter during a media appearance Friday.

Trump has also repeatedly complained about FBI Director Christopher Wray in recent months, saying he has not done enough to rid the bureau of people who are disloyal to Trump.

It was not immediately clear what had prompted a review of the Flynn case, though the person familiar with the matter said U.S. Attorney Jeff Jensen of St. Louis was working on it. The New York Times first reported Jensen’s involvement.

The decision to spare McCabe criminal charges eliminates the prospect of a sensational trial that would have refocused public attention on the chaotic months of 2016, when the FBI was entangled in presidential politics through investigations touching both main contenders — Democrat Hillary Clinton and Trump, her Republican opponent.

The criminal investigation arose from an October 2016 story in The Wall Street Journal that described internal debates roiling the FBI and the Justice Department weeks before the presidential election about how aggressively the Clinton Foundation should be investigated. The article recounted a particularly tense phone call between McCabe and a senior Justice Department official.

The inspector general’s report said McCabe told internal investigators that he had not authorized anyone at the FBI to speak with the reporter and that he did not know who did. The report said McCabe ultimately corrected that account and confirmed that he had encouraged the conversation with the reporter to counter a narrative that he thought was false.

McCabe has denied any wrongdoing and has said he was distracted by the tumult surrounding the FBI and the White House during the times he was questioned. One of the interviews took place the same day that Comey was fired.

“During these inquiries, I answered questions truthfully and as accurately as I could amidst the chaos that surrounded me,” McCabe has said in a statement. “And when I thought my answers were misunderstood, I contacted investigators to correct them.”

McCabe has been a target of Trump’s attacks since even before he was elected, after news emerged in the fall of 2016 that McCabe’s wife had accepted campaign contributions from a political action committee associated with ex-Virginia Gov. Terry McAuliffe during an unsuccessful run for the state Senate there.

https://apnews.com/ec85aa4a4fdc5a36b7b85c7a34f1b8f9

DOJ drops leak case vs. McCabe, judge said White House involvement like a ‘banana republic’

The judge, a George W. Bush appointee, said “the fact that you got somebody at the top basically trying to dictate whether somebody should be prosecuted” was like a “banana republic.”
Image: Andrew McCabe, acting director of the FBI, at a Senate Intelligence Committee hearing in Washington on May 11, 2017.

Andrew McCabe, acting director of the FBI, at a Senate Intelligence Committee hearing in Washington on May 11, 2017.Andrew Harrer / Bloomberg via Getty Images file

By Tom Winter and Dareh Gregorian

The Department of Justice has told lawyers for former FBI Deputy Director Andrew McCabe that he will not face criminal charges for allegedly lying to investigators about a leak to the media, the ex-official’s attorneys said Friday.

The decision was released on the same day it was revealed that a federal judge had expressed concerns months ago that McCabe’s case was looking like a “banana republic” prosecution.

“We write to inform you that, after careful consideration, the government has decided not to pursue criminal charges against your client,” J.P. Cooney of the U.S. Attorney’s Office in Washington, D.C., told McCabe’s attorneys in a letter Friday. “Based on the totality of the circumstances and all of the information known to the government at this time, we consider the matter closed.”

McCabe’s lawyers Michael R. Bromwich and David Schertler responded in a statement, saying, “At long last, justice has been done in this matter.”

President Donald Trump had publicly urged that action be taken against McCabe, the former deputy FBI director who briefly became acting head of the agency after Trump fired James Comey in 2017.

“He LIED! LIED! LIED!” Trump wrote in one 2018 tweet about McCabe after the Justice Department’s inspector general found McCabe “lacked candor” when being interviewed about whether he was a source for two news articles pertaining to the FBI in 2016.

The Justice Department’s announcement came one day after Attorney General William Barr pushed back against criticism he’s using the department to do Trump’s bidding, and said Trump’s tweeting about his agency’s work was undercutting his authority.

“Public statements and tweets made about the department, about people in the department, our men and women here, about cases pending in the department and about judges before whom we have cases make it impossible for me to do my job and to assure the courts and the department that we’re doing our work with integrity,” Barr, who was sworn in a year ago Friday, told ABC News.

McCabe told CNN on Friday that “the timing is curious” but he was relieved that the Justice Department “did the right thing today.”

“To have this horrific black cloud that’s been hanging over me and my family for almost the last two years, to have that finally lifted is just unbelievable,” he said. “It’s a relief that I’m not sure I can really explain to you adequately. It’s just a very emotional moment for my whole family.”

McCabe has denied intentionally misleading investigators. He told CNN that he has maintained from the day the inspector general’s report came out that if investigators “followed the law and they followed the facts, that I would have nothing to worry about. But as the president’s interest in pursuing his perceived political enemies continued over the last two years, we were getting more and more concerned about where this would end up.”

Those worries had increased in recent days, he told the network.

“I’ve been greatly concerned by what I’ve seen take place in the White House and in the Department of Justice, quite frankly, in the last week,” McCabe said. “And certainly the president’s kind of revenge tirade following his acquittal in the impeachment proceeding has only kind of amplified my concerns about what would happen in my own case.”

The Justice Department’s decision came the same day it was required by a judge to make details about the McCabe investigation public in a case stemming from a Freedom of Information Act lawsuit brought by Citizens for Responsibility and Ethics in Washington.

The court transcripts, released after the Justice Department’s letter to McCabe’s lawyers, show prosecutors struggling with how to proceed in his case, and the judge in the matter expressing concerns about political pressure

https://www.nbcnews.com/politics/justice-department/justice-department-drops-leak-case-against-former-fbi-acting-head-n1137066

Story 2: Department of Justice Unseals 16-Count Indictment Against Huawei To Steal Trade Secrets of Six U.S. Companies — Videos 

New U.S. charges against Huawei

The US DOJ and the FBI have announced a 16 count indictment against Huawei

Huawei faces new charges in US

US charges Huawei with racketeering

Is America right to fear Huawei? | The Economist

DOJ announces criminal charges against Huawei

Jan 28, 2019

DOJ announces indictments against China’s Huawei

Prosecutors Hit Huawei With New Charges For Allegedly Working With Iran | NBC News NOW

U.S. unveils new charges against Chinese telecom giant Huawei

Riley Walters: Trump Can Be Tough on Huawei and Keep Negotiating on Trade With China

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[youtubehttps://www.youtube.com/watch?v=5UtzbA0qQgM]

DOJ hits Huawei with NEW charges for ‘plotting to steal trade secrets’ from SIX US companies including Cisco and T-Mobile by ‘offering employees cash bounties and sending spy with farcical ‘Weihua’ badge to trade shows’

  • DoJ brought new charges against Huawei in indictment unsealed on Thursday 
  • Accuses Chinese tech giant of a deliberate ‘campaign’ to steal US trade secrets
  • Details bounties Huawei allegedly offered to staff to steal proprietary data
  • Describes brazen spy with ‘Weihua’ badge breaking into trade show booth
  • Though not named in indictment, Cisco and T-Mobile are among alleged victims
  • Feds also claim Huawei covered up secret subsidiary operating in Iran
  • CFO Meng Wanzhoua is still fighting extradition from Canada on Iran charges 

The Department of Justice has announced new criminal charges against Huawei, accusing the Chinese tech giant of being engaged in a ‘decades-long’ effort to steal trade secrets from a slew of US companies.

The 16-count superseding indictment unsealed on Thursday adds RICO charges to the criminal case against Huawei and its CFO Meng Wanzhoua, who is currently fighting extradition in Canada.

The charges come in addition to previous criminal charges accusing Huawei and Wanzhoua of operating a secret subsidiary in Iran and lying to U.S. financial institutions about the violation of sanctions on that country.

The new charges detail a brazen decades-long scheme to steal trade secrets from at least six U.S. companies. Cisco and T-Mobile are among the alleged victims in the case, though the companies are not actually named in the new indictment.

Huawei CEO Ren Zhengfei is seen with Chinese President Xi Jinping in 2015. US officials accuse the company of building a secret back door into its mobile network hardware

Huawei CEO Ren Zhengfei is seen with Chinese President Xi Jinping in 2015. US officials accuse the company of building a secret back door into its mobile network hardware

Prosecutors say that in 2013, Huawei instituted a cash bounty program ‘to reward employees who obtained confidential information from competitors’ and that the more valuable the secrets were, the more the company paid out.

The indictment details a shocking incident from 2004, at a trade show in Chicago, where prosecutors say a Huawei employee was busted in the middle of the night while breaking into a competitor’s booth.

The employee was wearing a bogus badge identifying him as an employee of ‘Weihua’, which is the syllables of Huawei reversed, and was caught taking pictures of the interior circuit boards of a competitor’s product, according to the indictment.

A Huawei spokesman denied the allegations, saying that the indictment was ‘part of an attempt to irrevocably damage Huawei’s reputation and its business for reasons related to competition rather than law enforcement.’

The company called the racketeering accusation ‘nothing more than a contrived repackaging of a handful of civil allegations that are almost 20 years old.’

Huawei pleaded not guilty to the earlier indictment unsealed against the company in January 2019, which charged it with bank and wire fraud, violating sanctions against Iran, and obstructing justice.

Wanzhoua, the CFO, was arrested in December 2018 in Canada on charges in the prior indictment, but she has protesting her innocence and fighting extradition to the US. She is the daughter of Huawei’s founder and CEO, 75-year-old Ren Zengfei.

Huawei CFO Meng Wanzhoua was arrested in December 2018 in Canada on charges in the initial Department of Justice indictment against the Chinese tech company. She is protesting her innocence and fighting extradition to the US.  She is pictured wearing a court-ordered ankle monitor last month

Huawei CFO Meng Wanzhoua was arrested in December 2018 in Canada on charges in the initial Department of Justice indictment against the Chinese tech company. She is protesting her innocence and fighting extradition to the US.  She is pictured wearing a court-ordered ankle monitor last month

Huawei CFO Meng Wanzhou arrives at extradition hearing

The new indictment also includes ‘new allegations about Huawei and its subsidiaries’ involvement in business and technology projects in countries subject to sanctions, such as Iran and North Korea’.

The DoJ asserts that the Chinese company even tired to cover up the fact they were doing business with such countries, by using code names. ‘A2’ reportedly referred to Iran, and ‘A9’ is alleged to have referred to North Korea.

The new indictment is the latest effort in a global campaign by the United States against the company, which Washington has warned could spy on customers for Beijing. The United States also placed Huawei on a trade blacklist last year, citing national security concerns.

‘The indictment paints a damning portrait of an illegitimate organization that lacks any regard for the law,’ U.S. Senate Intelligence Committee chairman Richard Burr and vice chairman Mark Warner said in a joint statement.

The Republican and Democratic Senators called it ‘an important step in combating Huawei’s state-directed and criminal enterprise.’

In a statement on Tuesday, the DoJ alleges that Huawei’s ‘campaign’ to steal trade secrets from US competitors formed part of their global growth strategy.

The DoJ statement alleges that Huawei even launched a policy ‘instituting a bonus program to reward employees who misappropriated intellectual property from competitors.’

Prosecutors allege some Huawei employees entered into confidential agreements with the six US companies, before violating such agreements by then handing over the information to the Chinese tech giant.

Thus, the DoJ statements alleges that ‘Huawei’s efforts to steal trade secrets and other sophisticated US technology were successful.’

Trump administration officials, increasingly intent on preventing China from global technological domination, have urged allies not to use Huawei hardware

Trump administration officials, increasingly intent on preventing China from global technological domination, have urged allies not to use Huawei hardware

‘As a consequence of its campaign to steal this technology and intellectual property, Huawei was able to drastically cut its research and development costs and associated delays, giving the company a significant and unfair competitive advantage,’ the statement goes on to say.

The case was unsealed as the Trump administration is raising national security and surveillance concerns about Huawei, the world’s largest telecommunications equipment manufacturer.

Huawei, one of the largest tech firms and a major telecom equipment maker, has been blacklisted by Washington amid concerns of its ties to the Chinese government and intelligence services.

New charges have been filed in the US against Huawei (Dominic Lipinski/PA)

New charges have been filed in the US against Huawei (Dominic Lipinski/PA)

Earlier this week, White House national security adviser Robert O’Brien alleged that Huawei builds secret back doors into its hardware that allow it to covertly access mobile-phone networks around the world.

‘We have evidence that Huawei has the capability secretly to access sensitive and personal information in systems it maintains and sells around the world,’ O’Brien told the Wall Street Journal.

US officials say that Huawei’s back door allows the company to access network data without the carrier’s knowledge, potentially giving the Chinese government a potent spy tool.

Huawei denied the allegations, telling the Journal that it ‘has never and will never do anything that would compromise or endanger the security of networks and data of its clients.’

The U.S. has long tried to convince its allies, such as the U.K. and Germany, to ban the use of Huawei telecom equipment in the building of 5G networks.

 Germany’s legislature is set to vote in the coming weeks on a bill that would allow Huawei full access to its 5G market if the company provides security guarantees.

WHO IS MENG WANZHOU?

Meng Wanzhou, 46, is widely assumed to be the heiress of her billionaire father Ren Zhengfei who founded Huawei in 1987

 

Meng Wanzhou, 46, is widely assumed to be the heiress of her billionaire father Ren Zhengfei who founded Huawei in 1987

Meng Wanzhou, also known as Sabrina Meng and Cathy Meng, is the daughter and eldest child of Huawei’s founder Ren Zhengfei, 74, by his first wife Meng Jun.

Billed as a ‘Red Princess’, the 47-year-old is widely assumed to be the heiress of her former Communist soldier father, who founded the world’s current second largest smartphone seller at the age of 43 with just 21,000 yuan (£2,388).

Ms Meng, who is also the Vice-Chairman of Huawei, was ranked No. 12 by Frobes on the list of China’s most outstanding businesswomen in 2018.

She graduated from Huazhong University of Science and Technology in central China’s Wuhan city.

She worked in a bank for a year upon graduation before taking up a position at Huawei’s front desk in 1993 to answer phone calls.

Over the years, Ms Meng worked as the director of the international accounting department, CFO of Huawei’s Hong Kong branch office, president of the accounts management department and brought Huawei to its current success.

Ms Meng has a brother and a 20-year-old half-sister Annabel Yao who is a ballerina and debutante.

Annabel is said to be extremely international and have lived in Britain, Hong Kong and Shanghai.

She was one of the 19 young women to be presented at the 25th annual Bal des Débutantes held at the Shangri-La Hotel in Paris in 2018.

 

Story 3: Just Walk Away From Two Party Tyranny Big Government Parties — Walk Away Renee — Videos

See the source image

Walk Away Renee – The left Banke

Walk Away Renee
And when I see the sign that points one way
The lot we used to pass by every day
Just walk away Renee
You won’t see me follow you back home
The empty sidewalks on my block are not the same
You’re not to blame
From deep inside the tears that I’m forced to cry
From deep inside the pain that I chose to hide
Just walk away Renee
You won’t see me follow you back home
Now as the rain beats down upon my weary eyes
For me it cries
Just walk away Renee
You won’t see me follow you back home
Now as the rain beats down upon my weary eyes
For me it cries
Your name and mine inside a heart upon a wall
Still finds a way to haunt me, though they’re so small
Just walk away Renee
You won’t see me follow you back home
The empty sidewalks on my block are not the same
You’re not to blame
Source: LyricFind
Songwriters: Bob Calilli / Mike Brown / Tony Sansone
Walk Away Renee lyrics © Warner Chappell Music, Inc, Round Hill Music Big Loud Songs, BMG Rights Management, Sony/ATV Music Publishing LLC, Carlin America Inc
See the source image

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Walk Away Renée + The Left Banke + Lyrics

George Carlin Politicians

See the source image

Image result for the public sucksSee the source image

The Left Banke

From Wikipedia, the free encyclopedia

Jump to navigationJump to search

The Left Banke
The Left Banke 1966.jpg

The Left Banke in 1966
Background information
Origin New YorkNew York, U.S.
Genres Baroque pop[1]
Years active
  • 1965–1969
  • 1971
  • 1978
  • 2011–2012
  • 2015–present
Labels
Associated acts
  • Christopher & The Chaps
  • The Magic Plants
  • Montage
  • Stories
  • The Beckies
  • Sam Kogon
Members

The Left Banke is an American baroque pop band, formed in New York City in 1965.[1] They are best remembered for their two US hit singles, “Walk Away Renée” and “Pretty Ballerina“.[2] The band often used what the music press referred to as “baroque” string arrangements, which led to their music being variously termed as “Bach-rock” or “baroque rock“.[3] The band’s vocal harmonies borrowed from contemporaries such as The BeatlesThe Zombies, and other British Invasion groups.[1]

In 2004, Rolling Stone placed “Walk Away Renée” at #220 in its list of “The 500 Greatest Songs of All Time“.[4]

Contents

History

1965–69: early years and disbandment

The Left Banke was formed in 1965 and consisted of keyboard player/songwriter Michael Browndrummer/singer George Cameron, bass guitarist/singer Tom Finnsinger Steve Martin (who also used the name Steve Martin Caro), and drummer Warren David-Schierhorst. Brown’s father, Harry Lookofsky, a well-known session violinist, ran a studio in New York and took an interest in the band’s music, acting as producermanager and publisher.[5]After some initial recording sessions, David-Schierhorst was ousted, with Cameron switching to drums and Jeff Winfield on guitar. Brown’s song, “Walk Away Renee”, was sold to Smash Records, a subsidiary of Mercury Records, and became a huge hit in late 1966. The band’s second single, “Pretty Ballerina”, also written by Brown, charted in early 1967, and The Left Banke released an album entitled Walk Away Renee/Pretty Ballerina, by which time, Rick Brand had replaced Winfield on guitar.

Tension between Brown and the rest of the band soon began to surface. When “Walk Away Renee” belatedly became a hit, the original band had become inactive. Brown decided to capitalize on the single’s success by assembling a new version of The Left Banke for touring purposes, with Bert Sommer on lead vocals, original drummer Warren David, and (future member of Spinal TapMichael McKean on guitar. Brown also recorded a single, “Ivy, Ivy” b/w “And Suddenly” as The Left Banke, with Sommer and a group of session musicians.[6][7] The remaining members of the band hired attorneys to issue a cease and desist order and urged their fan club to boycott the record,[8] which led to confusion among radio stations over which “Left Banke” to support. Radio and Smash Records ultimately removed their support from the single, which subsequently failed to make the Billboard Hot 100. The “New” Left Banke never performed live. “And Suddenly” was eventually recorded by a group called The Cherry People and became a minor hit.[9] McKean would later find fame as an actor (Laverne & ShirleyThis Is Spinal TapBetter Call Saul).

In late 1967, the original group reunited and recorded more material, including the single “Desiree.” Brown left the group permanently shortly thereafter and was replaced for touring purposes by Emmett Lake. Cameron, Finn and Martin continued to record and tour, with Tom Feher replacing Lake on keyboards and writing half of the band’s new material. The songs recorded by various incarnations of the group in 1967 and 1968 were assembled into a second LPThe Left Banke Too, which was released in November 1968. This album featured backing vocals by a young Steven Tyler (who later became the lead singer of Aerosmith) on “Nice To See You”, “My Friend Today” and “Dark Is The Bark”. The band continued playing live in 1969, without Martin, but soon disbanded due to lack of success and financial problems. Later that same year, Brown and Martin reunited in the studio to record another single as The Left Banke, “Myrah” b/w “Pedestal”, which was their final single for Smash Records.

1971–present: various reunions

In 1971, Brown, Cameron, Finn and Martin reunited briefly to record two songs for the movie Hot Parts. The songs, “Love Songs in the Night” and “Two by Two”, were released as a Steve Martin solo single on Buddah Records, despite featuring contributions from four founding members of The Left Banke. In 1972, producer Les Fradkin offered to produce the group for a project on Bell Records. Although these sessions were not released at the time, one of the songs, “I Could Make It Last Forever”, composed by Fradkin and Diane Ellis, was released on Fradkin’s Goin’ Back solo CD in 2006. It was a rare recording since it featured Caro, Finn, Cameron and Brown, along with Brown’s father, violinist Harry Lookofsky. Fradkin sang and played 12-string guitar on the sessions. In 1978, Martin, Cameron and Finn reunited as The Left Banke to record an album’s worth of material which unfortunately was not released at the time. However, a single from these 1978 sessions, “Queen of Paradise” (b/w “And One Day”), was released in late 1978 with modest success. The album was eventually issued by Relix Records in 1986 under the title Strangers on a Train (Voices Calling in Europe). However, the album did little to restore the popularity of the group.

After leaving The Left Banke in 1967, Michael Brown helped form the band, Montage. Although Brown was never an official member of Montage, his presence is unmistakable in its music.[10] The band released one self-titled album in 1969, which included a re-recording of The Left Banke song “Desiree”, before Brown left. Brown’s next project was the band Stories, featuring singer Ian Lloyd. The band had a hit in 1973 with “Brother Louie“, which reached #1 on the Billboard Hot 100 charts.[5] However, Brown had left the group after their 2nd album “About Us”, but before the success of “Brother Louie”. Brown’s next project was with The Beckies, although the band achieved only modest success and Brown soon left.

In 1992, Mercury Records released a Left Banke compilation titled There’s Gonna Be a Storm: The Complete Recordings 1966–1969. It was intended to bring together the band’s entire recorded output from the years 1966 to 1969, although a 1969 outtake titled “Foggy Waterfall”, which had previously appeared on two earlier compilations, was not included.

In 1994, Michael Brown and his wife Yvonne Vitale produced and released an album titled On This Moment. Between 2001 and 2006, Brown hosted a series of recording sessions at his home studio with Ian Lloyd (vocals), Tom Finn (bass guitar/vocals), Jim McAllister (guitar), and Jon Ihle (drums).[11]

In 2005, Alice Cooper included a cover version of “Pretty Ballerina” on his album Dirty Diamonds. In 2006, ex-member of The Bangles Susanna Hoffs and Matthew Sweet, as Sid ‘n’ Susie, covered “She May Call You Up Tonight” for their first album Under the Covers, Vol. 1. In addition, Stuart Murdoch of the band Belle and Sebastian has cited The Left Banke as one of the early influences on the sound of the band.[12]

Former guitarist Jeff Winfield died of complications from pneumonia on June 13, 2009, at age 60.[3]

2011–12

The previous touring version of The Left Banke featured one original member, George Cameron. Initially, Tom Finn and George Cameron reformed The Left Banke in March 2011, tapping New York City’s Mike Fornatale (already a veteran of numerous other 60s band reunions, including The Monks and Moby Grape) to sing lead vocals in Steve Martin Caro’s stead. The reunited group also featured new players: Paul Alves (lead guitar, backing vocals), Charly Cazalet (bass), Mickey Finn (keyboards), Rick Reil (drums, percussion, backing vocals) and second keyboardist/synth player Joe McGinty (replaced by John Spurney in 2012). They appeared live at Joe’s Pub in New York City on March 5, 2011, and March 6, 2011, to sold-out audiences. In April 2011, Tom Finn revealed in a Facebook posting that he had reformed the group,[13] with two shows planned for July in New York City.[14][15] Tom Finn only performed with the re-formed group in 2011, after which he left due to disagreements with Cameron and due to back trouble.

In early 2011, Sundazed released reissues of the two Smash vinyl albums on CD and LP, utilizing the original running order and artwork.

In February 2012, Tom Finn notified the YouTube community that the Left Banke was in the process of creating a new record featuring contributions from co-founder Michael Brown.

George Cameron (3rd from left) and Tom Finn (Center, 4th from left) with band during their 2012 reunion tour.

On April 29, 2012, Brown joined the reunited Left Banke on stage at B.B. King’s in New York City for a version of his “Pretty Ballerina.” His performance was greeted with a standing ovation. Rick Brand, guitarist with the band in 1966-67 was also in attendance. Tom Finn sang a newly written song called “City Life” which showed a heavier rock version of the Left Banke with baroque string section intact. No new recordings begun in 2012 were ever released, and Brown died in 2015.

At the beginning of their reunion dates, the group was joined onstage by a two or three-piece string section and even a guest oboe player for one or two shows. Both Michael Brown and George Cameron were in touch with Steve Martin Caro, who wanted to rejoin the group, but was unable to tour in 2012 due to previous commitments.

Unrealized reunions

On March 18, 2015, the day before Mike Brown’s death, it was announced that original vocalist Steve Martin Caro officially rejoined the current touring version of The Left Banke. Photos on The Left Banke official Facebook and Twitter pages displayed Steve signing a contract. Two 2015 shows featured co-headliner Ian Lloyd of Stories and Sam Kogon as vocalist. The re-formed Cameron band played for the last time twice in 2015; once in Sellersville, PA and once in Natick, MA. No shows under any Left Banke configuration have been performed since 2015, and by 2020 the major players of 1966 were all deceased except for the disabled Tom Finn.

In January, 2018, it was announced on the official Facebook page operated by Steve Martin Caro and George Cameron that they were planning a tour. Several photos of Steve Martin Caro rehearsing with George Cameron and guitarist Sam Kogon were posted with a message which stated “it was Steve’s first time behind the microphone in over 15 years. We went through and workshopped much of the Left Banke catalog.” However, Cameron passed away five months later, before any performances could take place under this collaboration.

Deaths

Michael Brown died from heart disease on March 19, 2015, at age 65. Brown had been writing new material and planned to participate in the 2015 reunion of The Left Banke with Steve Martin Caro and George Cameron. Brown’s funeral and memorial service was held on March 25, 2015 at Fort Lee Gospel Church in Fort Lee, New Jersey.[16]

Justo George Cameron (born October 16, 1947 in New York City) died of cancer at Mount Sinai Hospital in Manhattan on June 24, 2018, at age 70.[17] Thomas Leo Feher died from heart failure on August 5, 2018.[18] Steve Martin Caro died from heart disease on January 14, 2020. He was 71.[19] This left Tom Finn (later a renowned disc jockey) as the only surviving member from the original “Walk Away Renée” lineup.

Band members

https://en.wikipedia.org/wiki/The_Left_Banke

Story 3: $19 Billion of 30-Year Bonds Sold At Record Low Yield of 2.06% — Inverted Yield Curve Flashes Recession Warning — Videos

Dow Flatlines While Fed’s Recession Alarm Screams

Treasury Sells 30-Year Bonds at Record Low Yield

Fear that the coronavirus will slow global growth has helped push down Treasury yields in recent weeks

The Treasury sold $19 billion of 30-year bonds on Thursday afternoon.

PHOTO: CHRIS WATTIE/REUTERS

The Treasury sold $19 billion of 30-year bonds on Thursday afternoon at a 2.061% yield. That beat the previous record of 2.170% set last October, according to data from BMO Capital Markets.

The auction came as Treasury yields generally moved lower after Chinese officials changed the way they counted coronavirus infections, leading to a big jump in the number of confirmed cases in the country’s Hubei province. The yield on the benchmark 10-year U.S. Treasury note settled at 1.616%, compared with 1.629% Wednesday.

Yields fall when bond prices rise.

Fear that the coronavirus will slow global growth has helped push down Treasury yields in recent weeks. Other factors include persistently soft inflation, which has limited one of the main threats to the value of longer-term Treasurys, analysts said.

Investors have also grown more comfortable buying 30-year bonds because they view them as insurance against losses in riskier assets, said Jon Hill, a U.S. interest-rates strategist at BMO. Prices of 30-year bonds increase more for every one-percentage point decline in yields than those of shorter-term bonds. That means on days like Thursday, when investors are selling stocks and buying bonds, the holders of 30-year bonds are well-hedged, Mr. Hill said.

Thursday’s level doesn’t represent the lowest point that the 30-year bond yield has ever reached. Last August, it settled as low as 1.941%, but yields rose again before the next 30-year auction in September.

In recent years, low Treasury yields have, at times, caused U.S. officials to flirt with issuing bonds with maturities beyond 30 years to lock in low interest rates for a longer period.

Treasury Secretary Steven Mnuchin said last September that the Treasury Department was “very seriously considering” issuing a 50-year bond. The department, however, dropped that idea due to a lack of interest from bond dealers. Instead, it recently announced plans to issue 20-year bonds, which haven’t been issued regularly since the 1980s.

https://www.wsj.com/articles/treasury-to-sell-30-year-bonds-at-record-low-yield-11581614475

Story 4: Just Walk Away From Two Party Tyranny Big Government Parties — Walk Away Renee — Videos

See the source image

Walk Away Renee – The left Banke

Walk Away Renee
And when I see the sign that points one way
The lot we used to pass by every day
Just walk away Renee
You won’t see me follow you back home
The empty sidewalks on my block are not the same
You’re not to blame
From deep inside the tears that I’m forced to cry
From deep inside the pain that I chose to hide
Just walk away Renee
You won’t see me follow you back home
Now as the rain beats down upon my weary eyes
For me it cries
Just walk away Renee
You won’t see me follow you back home
Now as the rain beats down upon my weary eyes
For me it cries
Your name and mine inside a heart upon a wall
Still finds a way to haunt me, though they’re so small
Just walk away Renee
You won’t see me follow you back home
The empty sidewalks on my block are not the same
You’re not to blame
Source: LyricFind
Songwriters: Bob Calilli / Mike Brown / Tony Sansone
Walk Away Renee lyrics © Warner Chappell Music, Inc, Round Hill Music Big Loud Songs, BMG Rights Management, Sony/ATV Music Publishing LLC, Carlin America Inc
See the source image

Tucker: Our ruling class is authoritarian, not Trump

Federal budget deficit to hit $1 trillion in 2020: CBO forecast

George Carlin – It’s a Big Club and You Ain’t In It! The American Dream

Walk Away Renée + The Left Banke + Lyrics

The Left Banke

From Wikipedia, the free encyclopedia

Jump to navigationJump to search

The Left Banke
The Left Banke 1966.jpg

The Left Banke in 1966
Background information
Origin New YorkNew York, U.S.
Genres Baroque pop[1]
Years active
  • 1965–1969
  • 1971
  • 1978
  • 2011–2012
  • 2015–present
Labels
Associated acts
  • Christopher & The Chaps
  • The Magic Plants
  • Montage
  • Stories
  • The Beckies
  • Sam Kogon
Members

The Left Banke is an American baroque pop band, formed in New York City in 1965.[1] They are best remembered for their two US hit singles, “Walk Away Renée” and “Pretty Ballerina“.[2] The band often used what the music press referred to as “baroque” string arrangements, which led to their music being variously termed as “Bach-rock” or “baroque rock“.[3] The band’s vocal harmonies borrowed from contemporaries such as The BeatlesThe Zombies, and other British Invasion groups.[1]

In 2004, Rolling Stone placed “Walk Away Renée” at #220 in its list of “The 500 Greatest Songs of All Time“.[4]

Contents

History

1965–69: early years and disbandment

The Left Banke was formed in 1965 and consisted of keyboard player/songwriter Michael Browndrummer/singer George Cameron, bass guitarist/singer Tom Finnsinger Steve Martin (who also used the name Steve Martin Caro), and drummer Warren David-Schierhorst. Brown’s father, Harry Lookofsky, a well-known session violinist, ran a studio in New York and took an interest in the band’s music, acting as producermanager and publisher.[5]After some initial recording sessions, David-Schierhorst was ousted, with Cameron switching to drums and Jeff Winfield on guitar. Brown’s song, “Walk Away Renee”, was sold to Smash Records, a subsidiary of Mercury Records, and became a huge hit in late 1966. The band’s second single, “Pretty Ballerina”, also written by Brown, charted in early 1967, and The Left Banke released an album entitled Walk Away Renee/Pretty Ballerina, by which time, Rick Brand had replaced Winfield on guitar.

Tension between Brown and the rest of the band soon began to surface. When “Walk Away Renee” belatedly became a hit, the original band had become inactive. Brown decided to capitalize on the single’s success by assembling a new version of The Left Banke for touring purposes, with Bert Sommer on lead vocals, original drummer Warren David, and (future member of Spinal TapMichael McKean on guitar. Brown also recorded a single, “Ivy, Ivy” b/w “And Suddenly” as The Left Banke, with Sommer and a group of session musicians.[6][7] The remaining members of the band hired attorneys to issue a cease and desist order and urged their fan club to boycott the record,[8] which led to confusion among radio stations over which “Left Banke” to support. Radio and Smash Records ultimately removed their support from the single, which subsequently failed to make the Billboard Hot 100. The “New” Left Banke never performed live. “And Suddenly” was eventually recorded by a group called The Cherry People and became a minor hit.[9] McKean would later find fame as an actor (Laverne & ShirleyThis Is Spinal TapBetter Call Saul).

In late 1967, the original group reunited and recorded more material, including the single “Desiree.” Brown left the group permanently shortly thereafter and was replaced for touring purposes by Emmett Lake. Cameron, Finn and Martin continued to record and tour, with Tom Feher replacing Lake on keyboards and writing half of the band’s new material. The songs recorded by various incarnations of the group in 1967 and 1968 were assembled into a second LPThe Left Banke Too, which was released in November 1968. This album featured backing vocals by a young Steven Tyler (who later became the lead singer of Aerosmith) on “Nice To See You”, “My Friend Today” and “Dark Is The Bark”. The band continued playing live in 1969, without Martin, but soon disbanded due to lack of success and financial problems. Later that same year, Brown and Martin reunited in the studio to record another single as The Left Banke, “Myrah” b/w “Pedestal”, which was their final single for Smash Records.

1971–present: various reunions

In 1971, Brown, Cameron, Finn and Martin reunited briefly to record two songs for the movie Hot Parts. The songs, “Love Songs in the Night” and “Two by Two”, were released as a Steve Martin solo single on Buddah Records, despite featuring contributions from four founding members of The Left Banke. In 1972, producer Les Fradkin offered to produce the group for a project on Bell Records. Although these sessions were not released at the time, one of the songs, “I Could Make It Last Forever”, composed by Fradkin and Diane Ellis, was released on Fradkin’s Goin’ Back solo CD in 2006. It was a rare recording since it featured Caro, Finn, Cameron and Brown, along with Brown’s father, violinist Harry Lookofsky. Fradkin sang and played 12-string guitar on the sessions. In 1978, Martin, Cameron and Finn reunited as The Left Banke to record an album’s worth of material which unfortunately was not released at the time. However, a single from these 1978 sessions, “Queen of Paradise” (b/w “And One Day”), was released in late 1978 with modest success. The album was eventually issued by Relix Records in 1986 under the title Strangers on a Train (Voices Calling in Europe). However, the album did little to restore the popularity of the group.

After leaving The Left Banke in 1967, Michael Brown helped form the band, Montage. Although Brown was never an official member of Montage, his presence is unmistakable in its music.[10] The band released one self-titled album in 1969, which included a re-recording of The Left Banke song “Desiree”, before Brown left. Brown’s next project was the band Stories, featuring singer Ian Lloyd. The band had a hit in 1973 with “Brother Louie“, which reached #1 on the Billboard Hot 100 charts.[5] However, Brown had left the group after their 2nd album “About Us”, but before the success of “Brother Louie”. Brown’s next project was with The Beckies, although the band achieved only modest success and Brown soon left.

In 1992, Mercury Records released a Left Banke compilation titled There’s Gonna Be a Storm: The Complete Recordings 1966–1969. It was intended to bring together the band’s entire recorded output from the years 1966 to 1969, although a 1969 outtake titled “Foggy Waterfall”, which had previously appeared on two earlier compilations, was not included.

In 1994, Michael Brown and his wife Yvonne Vitale produced and released an album titled On This Moment. Between 2001 and 2006, Brown hosted a series of recording sessions at his home studio with Ian Lloyd (vocals), Tom Finn (bass guitar/vocals), Jim McAllister (guitar), and Jon Ihle (drums).[11]

In 2005, Alice Cooper included a cover version of “Pretty Ballerina” on his album Dirty Diamonds. In 2006, ex-member of The Bangles Susanna Hoffs and Matthew Sweet, as Sid ‘n’ Susie, covered “She May Call You Up Tonight” for their first album Under the Covers, Vol. 1. In addition, Stuart Murdoch of the band Belle and Sebastian has cited The Left Banke as one of the early influences on the sound of the band.[12]

Former guitarist Jeff Winfield died of complications from pneumonia on June 13, 2009, at age 60.[3]

2011–12

The previous touring version of The Left Banke featured one original member, George Cameron. Initially, Tom Finn and George Cameron reformed The Left Banke in March 2011, tapping New York City’s Mike Fornatale (already a veteran of numerous other 60s band reunions, including The Monks and Moby Grape) to sing lead vocals in Steve Martin Caro’s stead. The reunited group also featured new players: Paul Alves (lead guitar, backing vocals), Charly Cazalet (bass), Mickey Finn (keyboards), Rick Reil (drums, percussion, backing vocals) and second keyboardist/synth player Joe McGinty (replaced by John Spurney in 2012). They appeared live at Joe’s Pub in New York City on March 5, 2011, and March 6, 2011, to sold-out audiences. In April 2011, Tom Finn revealed in a Facebook posting that he had reformed the group,[13] with two shows planned for July in New York City.[14][15] Tom Finn only performed with the re-formed group in 2011, after which he left due to disagreements with Cameron and due to back trouble.

In early 2011, Sundazed released reissues of the two Smash vinyl albums on CD and LP, utilizing the original running order and artwork.

In February 2012, Tom Finn notified the YouTube community that the Left Banke was in the process of creating a new record featuring contributions from co-founder Michael Brown.

George Cameron (3rd from left) and Tom Finn (Center, 4th from left) with band during their 2012 reunion tour.

On April 29, 2012, Brown joined the reunited Left Banke on stage at B.B. King’s in New York City for a version of his “Pretty Ballerina.” His performance was greeted with a standing ovation. Rick Brand, guitarist with the band in 1966-67 was also in attendance. Tom Finn sang a newly written song called “City Life” which showed a heavier rock version of the Left Banke with baroque string section intact. No new recordings begun in 2012 were ever released, and Brown died in 2015.

At the beginning of their reunion dates, the group was joined onstage by a two or three-piece string section and even a guest oboe player for one or two shows. Both Michael Brown and George Cameron were in touch with Steve Martin Caro, who wanted to rejoin the group, but was unable to tour in 2012 due to previous commitments.

Unrealized reunions

On March 18, 2015, the day before Mike Brown’s death, it was announced that original vocalist Steve Martin Caro officially rejoined the current touring version of The Left Banke. Photos on The Left Banke official Facebook and Twitter pages displayed Steve signing a contract. Two 2015 shows featured co-headliner Ian Lloyd of Stories and Sam Kogon as vocalist. The re-formed Cameron band played for the last time twice in 2015; once in Sellersville, PA and once in Natick, MA. No shows under any Left Banke configuration have been performed since 2015, and by 2020 the major players of 1966 were all deceased except for the disabled Tom Finn.

In January, 2018, it was announced on the official Facebook page operated by Steve Martin Caro and George Cameron that they were planning a tour. Several photos of Steve Martin Caro rehearsing with George Cameron and guitarist Sam Kogon were posted with a message which stated “it was Steve’s first time behind the microphone in over 15 years. We went through and workshopped much of the Left Banke catalog.” However, Cameron passed away five months later, before any performances could take place under this collaboration.

Deaths

Michael Brown died from heart disease on March 19, 2015, at age 65. Brown had been writing new material and planned to participate in the 2015 reunion of The Left Banke with Steve Martin Caro and George Cameron. Brown’s funeral and memorial service was held on March 25, 2015 at Fort Lee Gospel Church in Fort Lee, New Jersey.[16]

Justo George Cameron (born October 16, 1947 in New York City) died of cancer at Mount Sinai Hospital in Manhattan on June 24, 2018, at age 70.[17] Thomas Leo Feher died from heart failure on August 5, 2018.[18] Steve Martin Caro died from heart disease on January 14, 2020. He was 71.[19] This left Tom Finn (later a renowned disc jockey) as the only surviving member from the original “Walk Away Renée” lineup.

Band members

https://en.wikipedia.org/wiki/The_Left_Banke

 

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The Pronk Pops Show 1186, December 11, 2018, Part 1 of 2 Story 1: Transparency in Oval Office Exposes Delusional Democrat Leaders — American People Are Demanding Border Security and The Wall Funding — No Border Security and Wall Funding Trump Promises to Shutdown The Government — Make My Day — Videos — Story 2: Balanced Budgets By Permanently Shutting Down Ten Federal Departments — Agriculture, Commerce, Education, Energy, Labor, Housing and Urban Development, Interior, Transportation, Veterans Affairs — End All Government Subsidies –Videos — Story 3: Back To The Free Enterprise Competitive Market Capital System — Videos —

Posted on December 12, 2018. Filed under: American History, Blogroll, Books, Breaking News, Budgetary Policy, Cartoons, Communications, Congress, Corruption, Countries, Crime, Culture, Defense Spending, Donald J. Trump, Donald Trump, Economics, Education, Empires, Employment, Energy, Federal Government, Fiscal Policy, Freedom of Speech, Government, Government Dependency, Government Spending, Health, History, House of Representatives, Human, Human Behavior, Illegal Immigration, Immigration, Independence, Labor Economics, Law, Legal Immigration, Life, Lying, Media, Medicare, Mental Illness, Monetary Policy, National Interest, News, Senate, Social Security, Tax Policy, United States of America, Welfare Spending | Tags: , , , , , , , , , , , , , , , , , , , , , , , |

 

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Story 1: Transparency in Oval Office Exposes Delusional Democrat Leaders — American People Are Demanding The Funding Border Security and The Wall  — President Trump Promises to Shutdown The Government Should The Wall Not Be Funded — Make My Day — Videos —

See the source image

See the source image

Lying Politicians And Words

Trump, Nancy Pelosi, and Chuck Schumer get in fight over border wall: full video

Trump Outsmarts Pelosi, Reveals Unstoppable Plan To Build The Wall Without Democrat Support

Tucker Carlson Tonight 12/11/18 | Breaking Fox News December 11, 2018

Sean Hannity 12/11/18 | Hannity Breaking News | Fox News December 11 2018

Tucker: Schumer hated moment when Trump berated him

The Ingraham Angle 12/11/18 | Laura Ingraham Fox News Today December 11, 2018

George Carlin Politicians

George Carlin on Elections

George Carlin – Balance the Budget

George Carlin – Question Everything

 

Story 2: Balanced Budgets By Permanently Shutting Down Ten Federal Departments — Agriculture, Commerce, Education, Energy, Labor, Housing and Urban Development, Interior, Transportation, Veterans Affairs — End All Government Subsidies –Videos —

Milton Friedman: Why Government Started Growing

Published on Nov 23, 2017
Milton Friedman, recipient of the 1976 Nobel Prize for Economic Science, was one of the most recognizable and influential proponents of liberty and markets in the 20th century, and the leader of the Chicago School of economics. In this video from 1999, he gives a history lesson on the 20th century and talks about the effects of intellectuals, the great depression and the 70s inflation and how they had an effect on government growth. Complete Video quoted under creative common licence: https://www.youtube.com/watch?v=UFqKA…

TAKE IT TO THE LIMITS: Milton Friedman on Libertarianism

Milton Friedman – The role of government in a free society

Milton Friedman: There’s No Such Thing as a Free Lunch

Milton Friedman – Why Tax Reform Is Impossible

Milton Friedman – Whats wrong with welfare?

Responsibility to the Poor

Milton Friedman – Redistribution of Wealth

Milton Friedman Speaks: Is Capitalism Humane? (B1227) – Full Video

Milton Friedman on Slavery and Colonization

Milton Friedman Speaks: The Energy Crisis: A Humane Solution (B1233) – Full Video

Milton Friedman Speaks: Who Protects the Worker? (B1237) – Full Video

Milton Friedman Speaks: Equality and Freedom in the Free Enterprise System (B1238) – Full Video

In Depth with Milton Friedman w/ Q&A (2000)

John Stossel – Downsizing Government

John Stossel on Government, Free Enterprise, and Media

Freeloaders: The Wealthy

John Stossel -Freeloaders 2 of 2

Freeloaders: Panhandling

Dan Mitchell Commenting on Downsizing Government and Federal Bureaucracy

Downsizing the Federal Government

The Collapse of The American Dream Explained in Animation

Story 3: Back To The Free Enterprise Competitive Market Capital System — Videos

The Free Market: Understanding Milton Friedman

The Best of Milton Friedman

Free Market Revolution by Yaron Brook

George Carlin’s Advice on Dealing with the 2016 Election

George Carlin – It’s a Big Club and You Ain’t In It! The American Dream

 

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The Pronk Pops Show 992, October 31, 2017, Breaking News — Story 1: Radical Islamic State Jihadist Terrorist Attack in New York City — 8 Killed and 11 Injured By Truck Driver, Sayfullo Saipov,  29-year-old Uzbek Male, running Over Bikers  on Bike Street Along West Side Highway — Fleeing Driver Shouted ‘ALLAHU AKBAR’ But Was Shot By Police Officer and Is In Custody — Videos –Story 2: Political Correctness or Silencing People With Different Views — Alive and Well in America — Silence of Snowflakes — Videos

Posted on October 31, 2017. Filed under: American History, Breaking News, Communications, Congress, Constitutional Law, Corruption, Countries, Crime, Culture, Defense Spending, Donald J. Trump, Donald Trump, First Amendment, Foreign Policy, Freedom of Speech, Government Spending, Hillary Clinton, History, Homicide, House of Representatives, Human, Human Behavior, Illegal Immigration, Immigration, Islam, Killing, Law, Legal Immigration, Life, Lying, Media, Middle East, National Interest, News, People, Philosophy, Photos, Politics, Polls, President Trump, Progressives, Raymond Thomas Pronk, Religion, Rule of Law, Scandals, Second Amendment, Security, Senate, Spying, Success, Surveillance and Spying On American People, Surveillance/Spying, Terror, Terrorism, United States Constitution, United States of America, Videos, Violence, War, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

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Pronk Pops Show 992, October 31, 2017

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Pronk Pops Show 928, July 13, 2017

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Image result for jihad returns to new york city october 31, 2017 8 killed by New York motorist in 'cowardly act of terror'Image result for cartoons islamic terrorist attack with truckImage result for branco cartoonshate speech on campus

Story 1: Radical Islamic State Jihadist Terrorist Attack in New York City — 8 Killed and 11 Injured By Truck Driver, Sayfullo Saipov,  29-year-old Uzbek Male, running Over Bikers  on Bike Street Along West Side Highway — Fleeing Driver Shouted ‘ALLAHU AKBAR’ But Was Shot By Police Officer and Is In Custody — Videos —

Image result for Oct 31, 2017 terrorist attack in new york city terrorist attack bike pathImage result for jihad returns to new york city october 31, 2017

Suspect Sayfullo Saipov Came To The U.S. From Uzbekistan In 2010, Had Green Card – Ingraham Angle

Terrorist Kills Pedestrians On NYC Bike Path – Ingraham Angle

8 Killed In NYC Terror Attack – Tucker Carlson

New York City Terror Attacks : 8 people Dead 11 Injured, NYPD Press Conference

NYC Terrorist Attack – West Side Hwy, Houston St.

Witness describes what he saw in Lower Manhattan

Bloodbath in downtown NYC after driver runs over pedestrians, starts shooting

Up to six people were killed near Stuyvesant High School in lower Manhattan Tuesday afternoon in a wild incident that involved a truck ramming into victims on the West Side bike path, police sources said.

The mayhem happened at West Street and Chambers Street at 3:15 p.m. The suspect was shot and is in police custody, cops said.

Witnesses described a scene of terror, saying a man in a truck ran over two people before plowing into a school bus.

“Jesus! A car just ran over 2 people and then crashed into a school bus. I see two dead bodies and citibikes on the floor destroyed,” a Twitter user wrote.

The suspect then got out of his vehicle with two guns, another witness said.

“What happened was there was a car crash … he came out of one of the cars. He had two guns,” a 14-year-old Stuyvesant High School student said. “We thought it was a Halloween thing. He started running around the highway. There was another guy in a green shirt that was chasing him around.”

“I heard four to six gunshots — everybody starts running,” she added.

Video of the scene shows at least two people lying limp on the street. Photos show a smashed-up Home Depot rental truck and two mangled Citi Bikes.

Counter-terror police were searching the truck for explosives.

“Oh my god I just heard gun shots and ran with my dog. Downtown. F–k,” Josh Groban tweeted.

Police shut down the FDR Drive south of 34th Street to rush victims to Bellevue Hospital.

http://nypost.com/2017/10/31/several-people-shot-in-downtown-manhattan/

 

Eight people killed after terrorist shooter driving Home Depot truck rips through Lower Manhattan bike lane

At least eight people were killed Tuesday afternoon when a speeding Home Depot truck plowed down riders on a Lower Manhattan bike path in a terrorist attack, sources said.

Eyewitnesses told police the driver yelled “Allahu Akbar!” — Arabic for “God is great!” — after running down helpless riders from behind, their mangled bodies left scattered behind his runaway rental truck.

The Middle Eastern man was arrested after police shot him in the rear end following a Tribeca crash between the truck and a school bus. Sources said he was waving an air pistol and a BB gun when cops reached the scene.

The truck jumped the curb near Houston St. at 3:04 p.m. and began bearing down on the unsuspecting bicyclists, sources told the Daily News. Video showed crumpled two-wheelers and four bodies left in the vehicle’s deadly wake.

“I heard a truck, a car, something going down the bike path,” said eyewitness Eugene Duff, 44, who was waiting at a red light to walk across West St. “It was wrong.”

The off-duty chef watched in disbelief as the driver of the speeding truck ran down a pair of CitiBike riders about 50 feet apart, catching both from behind on the busy bike path alongside the Hudson River.

There were visible tire tracks on the bodies of the two victims as the truck continued to carve a path of carnage through the neighborhood, he said.

NYC PAPERS OUT. Social media use restricted to low res file max 184 x 128 pixels and 72 dpi

Multiple dead after driver shoots and mows down pedestrians in Lower Manhattan

“I thought it was terrorism,” he said of the Tribeca attack. “That’s the first thing that crossed my mind.”

The arrest followed a crash involving the rented truck on West St. a few blocks north of the World Trade Center. Several eyewitnesses initially thought it was some sort of Halloween prank.

One person on the bus was critically injured and rushed to Bellevue Hospital. Authorities said five others on the bus were injured, with 15 injuries in all.

A horde of police vehicles and first responders descended on the scene as eyewitnesses reported hearing as many as 15 gunshots after the crash.

A police officer was apparently shot and suffered a minor injury. He was taken to Bellevue Hospital, according to sources.

“I thought it was a Halloween (prank) or something,” said witness Tawhid Kabir, 20, of Queens. “I saw the gun running in a circle and I realized it was serious.”

NYPD snipers took positions on the roof of the nearby City Vineyard restaurant as cops flooded the neighborhood.

“We thought the guns were fake and it was a Halloween prank,” said Stuyvesant High School student Laith Bahlouli, 14. “There was a car crash, and then he started to shoot.”

Classmate Alif Rahman, 14, said they heard “four to six gunshots” and then spied two bodies covered with blankets by the NYPD.

A child was seen sitting on the lap of an adult wearing a neck brace after the incident.

“We all heard the gunfire,” said witness Michael Corbin, who works at nearby District Council 37. “I heard distinctly five shots in quick succession.”

The truck was apparently rented from a Home Depot in Jersey City, N.J., making it likely the driver came through the Holland Tunnel.

Home Depot, in a statement, said they were cooperating fully with the mass killing investigation.

Witnesses reported seeing a gunman firing from inside the Home Depot tuck, and video showed a badly damaged truck from the home improvement store sitting on a median.

“He shot about 15 times toward the pier and down West St.” one witness told the Daily News.

The smell of gunpowder hung in the air as police shut down the West Side Highway mid-afternoon on Halloween.

Mayor de Blasio was briefed on the situation and confirmed there was no active threat. President Trump was also brought up to speed on the rampage.

Witness Frank Brito, 45, told The News he saw two trucks crash into each other and then a heavyset man get out of one in a blue tracksuit and chase someone, firing five or six times.

http://www.nydailynews.com/new-york/nyc-crime/dead-gunman-home-depot-truck-runs-bikers-article-1.3602094

Story 2: Political Correctness or Silencing People With Different Views — Alive and Well in America — Silence of The Lambs — Videos

Robin Williams- Jihad

Robin Williams breaks down the last ten years of U.S politics

Robin Williams – How about today?

George Carlin – Political Correctness is fascism pretending to be Manners………………

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The Best Of George Carlin

George Carlin’s Top 10 Rules For Success

Outspoken conservative Ben Shapiro says political correctness breeds insanity

America’s Many Divides Over Free Speech

PC Crazies Launch Jihad Against Free Speech

A Progressive’s Guide to Political Correctness

Jonathan Haidt analyzes Runaway Political Correctness & Social Justice Religion on Campus

How PC culture is affecting U.S. colleges

Political Correctness Running Amok on College Campuses

UT Students Trumped By Political Correctness

College Students’ Speech Censored- Banned Words ‘Lame’ ‘Politically Correct’ ‘Crazy’ ‘That’s Gay’

The War on Christmas (and Christians) on college campuses

Jerry Seinfeld Is Tired of Political Correctness – Late Night with Seth Meyers

Challenges to Freedom of Speech on College Campuses

Ben Shapiro Crushes Anti-Free Speech College Snowflakes Before Congress

Ben Shapiro on Free Speech, College Campuses, and The Regressive Left

ALL Of Ben Shapiro’s Answers When Testifying In Congress About Free Speech ☻Highlights

Do College Students Hate Free Speech? Let’s Ask Them

Students Condemn Free Speech On Video!

REAL CONVERSATIONS: Hate Speech Isn’t Real | Change My Mind

The Dark Side Of Political Correctness

Political Correctness on Campus

Nothing left to talk about: New poll shows 71 per cent of Americans think political correctness has silenced discussions and 58 per cent have political views they’re too afraid to share

  • The findings were published in the Cato Institute’s 2017 Free Speech and Tolerance Survey

 

The usual political arguments at Thanksgiving dinner may be silenced this year thanks to America’s polarizing political climate.

A new survey by the Cato Institute shows that most Americans no longer feel comfortable talking abut their political beliefs.

According to the survey, 71 per cent of Americans ‘believe that political correctness has silenced important discussions our society needs to have.’

 The Cato Institute recently published the 2017 Free Speech and Tolerance Survey. It found that liberals are more likely than conservatives to speak out about their beliefs (above) 

The Cato Institute recently published the 2017 Free Speech and Tolerance Survey. It found that liberals are more likely than conservatives to speak out about their beliefs (above)

The survey also shows that liberals are more likely than conservatives to think certain types of speech is offensive

The survey also shows that liberals are more likely than conservatives to think certain types of speech is offensive

Meanwhile, 58 per cent of Americans believe the ‘political climate prevents them from sharing their political beliefs’.

The survey found that Democrats are more open with their political views than Republicans.

A slim majority, 53 per cent, said they do not feel the need to self-censor. The majority of Republicans and Independents on the other hand (73 per cent and 58 per cent respectively) said ‘they keep some of their political beliefs to themselves’.

Cato’s 2017 Free Speech and Tolerance Survey posed their questions to 2,300 adults across the country.

While the survey found that Americans were less willing to talk out their issues, most Americans were in agreement that these issues had a place in the classroom.

Sixty-five per cent of Americans said it was important for colleges to expose students to different viewpoints, even if those viewpoints are offensive.

According to the survey, liberals are also more likely than conservatives to say certain types of speech is offensive. Examples include people who say homosexuality is a sin and people who say Islam is taking over Europe.

It also found that 61 per cent of Hillary Clinton voters found it ‘hard’ to be friends with Trump voters. The majority of Trump supporters (64 per cent ) however, said that it wasn’t hard to be friends with people who voted for Clinton.

Clinton supporters found it harder to be friends with Trump supporters than vice versa, the survey shows 

Clinton supporters found it harder to be friends with Trump supporters than vice versa, the survey shows

Most Americans agree that colleges need to teach students different viewpoints, even if they are offensive

Most Americans agree that colleges need to teach students different viewpoints, even if they are offensive.

 

http://www.dailymail.co.uk/news/article-5036723/71-Political-correctness-silenced-discussions.html#ixzz4x7cLrZiQ

 

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The Pronk Pops Show 963, September 13, 2017, Story 1: American Collectivism (Resistance Is Futile) vs. American Individualism (I have not yet begun to fight!) — Federal Income, Capital Gains, Payroll,Estate and Gift Taxes, Budget Deficits, National Debt, Unfunded Liabilities, Democratic and Republican Parties, Two Party Tyranny of The Warfare and Welfare State and American Empire Are The Past — The Future Is Fair Tax Less, Surplus Budgets, No Debts, No Unfunded Liabilities, and American Independence Party with A Peace and Prosperity Economy, Representative Constitutional American Republic Are The Future — Lead, Follow or Get Out of The Way — Those Without Power Cannot Defend Freedom — Videos

Posted on September 13, 2017. Filed under: Addiction, American History, Banking System, Bill Clinton, Breaking News, Budgetary Policy, Congress, Corruption, Donald J. Trump, Donald J. Trump, Donald Trump, Economics, Education, Elections, Employment, Fiscal Policy, Free Trade, Freedom of Speech, Government, Government Spending, Health, History, House of Representatives, Human, Human Behavior, Illegal Immigration, Immigration, Independence, Investments, Labor Economics, Law, Legal Immigration, Life, Lying, Media, Monetary Policy, News, People, Philosophy, Photos, Politics, Polls, President Trump, Radio, Raymond Thomas Pronk, Regulation, Rule of Law, Scandals, Security, Senate, Success, Surveillance and Spying On American People, Tax Policy, Taxation, Taxes, Technology, United States of America, Videos, Wealth, Weather, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

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Story 1: American Collectivism (Resistance Is Futile) vs. American Individualism (I have not yet begun to fight!) — Federal Income, Capital Gains, Payroll,Estate and Gift Taxes, Budget Deficits, National Debt, Unfunded Liabilities, Democratic and Republican Parties, Two Party Tyranny of The Warfare and Welfare State and American Empire Are The Past — The Future Is Fair Tax Less, Surplus Budgets, No Debts, No Unfunded Liabilities, and American Independence Party with A Peace and Prosperity Economy, Representative Constitutional American Republic Are The Future — Lead, Follow or Get Out of The Way — Those Without Power Cannot Defend Freedom — Videos

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John Paul Jones (1959)part 8 of 9

John Paul Jones (1959)part 9 of 9

 

Trump hosting Pelosi, Schumer for dinner in extension of Dem outreach

President Trump is taking his outreach to Democrats to a new level, planning to host House Minority Leader Nancy Pelosi and Senate Minority Leader Chuck Schumer at the White House for dinner Wednesday night.

The dinner date comes after the president stunned GOP congressional leaders by striking a deal last week with the two senior Democrats for a short-term spending and debt-ceiling deal. While GOP leaders wanted a longer-term package, the deal helped ensure immediate aid to hurricane victims while averting a government shutdown for now.

Now, Trump is trying to jump-start his legislative agenda beginning with tax cuts and tax reform. He had dinner with bipartisan senators Tuesday night.

A source familiar with Wednesday’s planned Pelosi-Schumer dinner told Fox News the meeting will follow up on last week’s sit-down with the Hill leaders.

Schumer, D-N.Y., and Pelosi, D-Calif., are expected to press the president on protections for “dreamers,” young illegal immigrants who had been shielded from deportation under a 2012 Obama administration policy that Trump has since announced he intends to roll back. The Democrats also plan to discuss ways to stabilize the health care markets.

Trump and his aides have defended the president’s new outreach to the minority party – which comes amid some frustration at the White House over the performance of Senate Majority Leader Mitch McConnell, R-Ky., and House Speaker Paul Ryan, R-Wis.

A senior source inside Tuesday’s dinner with bipartisan senators told Fox News that Trump’s new strategy is to meet and work with lawmakers across the aisle — in part, an effort to “shed” the guidance from the Reince Priebus-era where the former chief of staff and his aides held the view that the president should only work with GOP leaders like Ryan and McConnell.

But after the failure of the health care bill and other legislative frustrations, Trump is reverting to a strategy that has worked for him in the past, before his time in the White House. The source said Trump ran an “unconventional campaign” with “unconventional” methods – and the “conventional” methods that were used in the first part of the year were not working for him.

Fox News’ John Roberts, Serafin Gomez and Chad Pergram contributed to this report. 

http://www.foxnews.com/politics/2017/09/13/trump-hosting-pelosi-schumer-for-dinner-in-extension-dem-outreach.html

Consumption tax

From Wikipedia, the free encyclopedia

consumption tax is a tax on spending on goods and services. The tax base of such a tax is the money spent on consumption. Consumption taxes are usually indirect, such as a sales tax or a value-added tax. However, a consumption tax can also be structured as a form of direct, personal taxation, such as the Hall–Rabushka flat tax.

Types

Value-added tax

A value-added tax (VAT) applies to the market value added to a product or material at each stage of its manufacture or distribution. For example, if a retailer buys a shirt for $20 and sells it for $30, this tax would apply to the $10 difference between the two amounts. A simple VAT would be proportional to consumption but would also be regressive on income at higher income levels, as consumption falls as a percentage of income. Savings and investment are tax-deferred until they become consumption. A VAT may exclude certain goods to make it less regressive. It is used in European Union countries.

In AustraliaCanadaNew Zealand and Singapore, it is instead called a Goods and Services Tax (GST). In Canada it is also called Harmonized Sales Tax (HST) when it is combined with a provincial sales tax.

Sales tax

A sales tax typically applies to the sale of goods, sometimes also to the sales of services. The tax is applied at the point of sale. Laws may allow sellers to itemize the tax separately from the price of the goods or services, or they may require it to be included in the price (tax-inclusive). The tax amount is usually calculated by applying a percentage rate to the taxable price of a sale. When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a use tax. Often laws provide for the exemption of certain goods or services from sales and use tax.

Excise tax

An excise tax is a sales tax that applies to a specific class of goods, typically alcohol, gasoline (petrol), or tourism. The tax rate varies according to the type of good and quantity purchased and is typically unaffected by the person who purchases it.

Expenditure tax

A direct, personal consumption tax may take the form of an expenditure tax or an income tax that deducts savings and investments, such as the Hall–Rabushka flat tax.[1] A direct consumption tax may be called an expenditure tax, a cash-flow tax, or a consumed-income tax and can be flat or progressive. Expenditure taxes have been briefly implemented in the past in India and Sri Lanka.[2]

This form of tax applies to the difference between an individual’s income and increase/decrease savings. Like the other consumption taxes, simple personal consumption taxes are regressive with respect to income. However, because this tax applies on an individual basis, it can be made as progressive as a progressive personal income tax. Just as income tax rates increase with personal income, consumption tax rates increase with personal consumption.[3][4]

History

Consumption taxes, specifically excise taxes, have featured in several notable historic events. In the U.S., the stamp tax, the tax on tea, and whisky taxes produced revolts, the first two against the British government and the latter against the nascent American Republic. In India, an excise tax on salt led to Gandhi‘s famous Salt Satyagraha, a seminal moment in his struggle to win independence from the U.K.

United States

In the early U.S., taxes were levied principally on consumption. Alexander Hamilton, one of the two chief authors of the anonymous The Federalist Papers, favored consumption taxes in part because they are harder to raise to “confiscatory” levels than incomes taxes.[5] In The Federalist Papers (No. 21), Hamilton wrote:

It is a signal advantage of taxes on articles of consumption that they contain in their own nature a security against excess. They prescribe their own limit, which cannot be exceeded without defeating the end proposed—that is, an extension of the revenue. When applied to this object, the saying is as just as it is witty that, “in political arithmetic, two and two do not always make four.” If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are confined within proper and moderate bounds. This forms a complete barrier against any material oppression of the citizens by taxes of this class, and is itself a natural limitation of the power of imposing them.[6]

Although personal and corporate income taxes provide the bulk of revenue to the federal government, consumption taxes continue to be a primary source of income for state and local governments. One of the first detailed proposals of a personal consumption tax was developed in 1974 by William Andrews.[7]

Japan

The Liberal Democratic Party government of Masayoshi Ōhira had attempted to introduce a consumption tax in 1979. Ohira met a lot of opposition within his own party and gave up on his attempt after his party suffered badly in the 1979 election. Ten years later Noboru Takeshita successfully negotiated with politicians, bureaucrats, business and labor unions to introduce a consumption tax,[8] which was introduced at a rate of 3% consumption tax in 1989.

In April 1997[9] under the government of Ryutaro Hashimoto[10] it was increased to 5%.[11] The 5% is made up of a 4% national consumption tax and a 1% local consumption tax.[12] Shortly after the tax was introduced Japan fell into recession,[13] which was blamed by some on the consumption tax increase,[14] and by others on the 1997 Asian financial crisis.

Prime Minister Junichiro Koizumi said he had no intention of raising the tax during his government, but after his massive victory in the 2005 election he lifted a ban on discussing it.[15] Over the following years a number of LDP politicians discussed raising it further, including prime ministers Shinzō Abe,[16] Yasuo Fukuda,[17] and Tarō Asō.[18]

The Democratic Party of Japan (now the DP) came to power in the August 2009 elections with a promise not to raise the consumption tax for four years.[19] The first DPJ prime minister, Yukio Hatoyama was opposed, but Naoto Kan replaced him and called for the consumption tax to be raised. The following prime minister, Yoshihiko Noda “staked his political life” on raising the tax.[20] Despite an internal battle that saw former DPJ leader and co-founder Ichirō Ozawa and many other DPJ diet members vote against the bill and then leave the party; on June 26, 2012, the lower house of the Japanese diet passed a bill to double the tax to 10%.[21]

Despite considerable opposition and an attempted no-confidence motion from minor opposition parties the bill was successfully passed through the upper house on August 10, 2012, so the tax was increased to 8% by April 2014 and will be increased to 10% by October 2019 (twice postponed from the original date of October 2015).[22][23]

Savings effect

Consumption taxes do not tax savings, which allows invested assets to grow more quickly. If, in the absence of taxes, $1 of savings is put aside for retirement at 9% compound interest, savings will grow to $7.86 after 24 years. Alternatively, by assuming a 33% tax rate, the same $1 is reduced to about $0.67 after taxes when earned. The effective interest rate, thereafter, is reduced to 6%, since the rest of the yield is paid in taxes.

After 24 years, the balance increases only to $2.64. The cumulative taxes in the latter case are $0.96. The missing $4.26 is not lost by the economy in any sense, as the $4.26 is what the government would make in interest, if they invested their tax revenue. If the initial investment amount is not taxed when earned, but the earnings are taxed thereafter, the cumulative taxes paid are about the same, but are spread more evenly across the period and the asset grows to more than $4. These results are primarily sensitive to the rate of return. With a 3% return, most of the tax receipts come from the tax on the initial $1.00.

To the extent that taxing something results in less of it (whether income or consumption), taxing consumption instead of income should encourage both work and capital formation, which will increase economic growth, while discouraging consumption.[3][4] Secondly, the tax base will be larger because all consumption will be taxed.

Some critics argue that sales and consumption taxes can shift the tax burden to the less well-off. The ratio of tax obligation shrinks as wealth grows because the wealthy spend proportionally less of their income on consumables.[24] An individual unable to save will pay taxes on 100%, but individuals who save or invest a portion of their income will be taxed only on the remaining income.

Practical considerations

Many proposed consumption taxes share some features with the current income tax systems. Under these proposals, taxpayers would be given exemptions and a standard deduction in order to ensure that the poor do not pay any tax. In a pure consumption tax, other deductions would not be permitted, because all savings would be deductible.[3]

A withholding system might also be put into place in order to estimate the total tax liability. It would be difficult for many taxpayers to pay no tax all year, only to be faced with a large tax bill at the end of the year.

A consumption tax could also eliminate the concept of basis when computing the value of investments. All income that is put in investments (such as property, stocks, savings accounts) is tax-free. As the asset grows in value, it is not taxed. Only when the proceeds from the asset are spent is any tax imposed. This is in contrast with the current system where if one buys land for $10,000 and sells it for $15,000, one has a taxable gain of $5,000. A consumption tax taxes only consumption, so if one sells an investment to buy another investment, no tax is imposed.

Andrews notes the inherent problem with housing. Renters necessarily “consume” housing, so they will be taxed on the expenditure of rent. However, homeowners also consume housing in the same way, but as they pay down a mortgage, the payments are classified as savings, not consumption (because equity is being built in an asset).

The disparity is explained by what is known as the imputed rental value of a home. A homeowner could choose to rent the home to others in exchange for money but instead chooses to live in the home to the exclusion of all possible renters. Therefore, the homeowner is also consuming housing by not permitting renters to pay for and occupy the home. The amount of money that the homeowner could receive in rent is the imputed rental value of the home.

A true consumption tax would tax the imputed rental value of the home (which could be determined in the same way that valuation occurs for property tax purposes) and would not tax the increase in the value of the asset (the home). Andrews proposes to ignore this method of taxing imputed rental values because of its complexity. In the United States, home ownership is subsidized by the federal government by permitting a deduction for mortgage interest expense and exempting a significant increase in value from the capital gains tax. Therefore, treating renters and homeowners identically under a consumption tax may not be feasible there.

Also, a consumption tax could utilize progressive rates in order to maintain “fairness.” The more that someone spends on consumption, the more that the person will be taxed. The rate structure could look like the current bracket system, or a new bracket system could be implemented.

Economic impact

The temporal neutrality of a consumption tax, however, is that consumption itself is taxed, so it is irrelevant what good or service is being consumed in terms of allocation of resources. The only possible effect on neutrality is between consumption and savings. Taxing only consumption should, in theory, cause an increase in savings.[3] William Gale, Co-director of the Urban-Brookings Tax Policy Center, offers a simplified way to understand a consumption tax: Assume that our current tax system remains the same but remove limitations to contributing to and removing funds from a traditional Individual Retirement Account (IRA).

Thus, a person would essentially have a bank account where they could place tax-free earnings at any time, but unsaved (or consumed) withdrawals would be subject to taxation. Having an unrestricted IRA under the current system would approximate a consumption tax at the federal level.

Many economists and tax experts favor consumption taxes over income taxes for economic growth.[25][26][27]

Depending on implementation (such as treatment of depreciation) and circumstances, income taxes either favor or disfavor investment. (On the whole, the US system is thought to disfavor investment.[3]) By not disfavoring investment, a consumption tax might increase the capital stock, productivity, and therefore increase the size of the economy.[3][4] Consumption more closely tracks long-run average income.[4] An individual or a family’s income often varies dramatically from year to year. The sale of a home, a one-time job bonus, and various other events can lead to temporary high income that will push a low or middle income person into a high tax bracket. On the other hand, a wealthy individual may be temporarily unemployed and will pay no taxes.

See also

Notes

  1. Jump up^ The Flat Tax Archived 2010-05-23 at the Wayback Machine., By Robert E. Hall and Alvin Rabushka, Hoover Institution
  2. Jump up^ “Taxation”. Encyclopedia Britannica.
  3. Jump up to:a b c d e f Andrews, Edmund L. (2005-03-04). “Fed’s Chief Gives Consumption Tax Cautious Backing”The New York Times. Retrieved 2008-02-05.
  4. Jump up to:a b c d Auerbach, Alan J (2005-08-25). “A Consumption Tax”The Wall Street Journal. Retrieved 2008-02-05.
  5. Jump up^ Bartlett, Bruce (2002-04-05). “The Founders and the consumption tax”. Townhall.com. Retrieved 2007-08-09.
  6. Jump up^ Federalist Paper No. 21
  7. Jump up^ Andrews, William D. “A Consumption-Type or Cash Flow Personal Income Tax”, 87 Harv. L. Rev. 1113 (1974)
  8. Jump up^ The Daily Yomiuri Website Reflections on Leadership – 2 / Leaders should build network of contacts, keep enemies closeRetrieved on July 4, 2012
  9. Jump up^ The Daily Yomiuri Is the “cash payout plan” the most effective solution for stimulating the economy? Retrieved on July 4, 2012
  10. Jump up^ News Channel Asia Aso says raising consumption tax will not aid Japan’s economy Retrieved on July 4, 2012
  11. Jump up^ Bloomberg website “Japan’s Kan Tackles Sales Tax ‘Taboo’ That Obama Won’t Touch” Retrieved on July 4, 2012
  12. Jump up^ JETRO website Section 3. Taxes in Japan – 3.6 Overview of consumption tax Retrieved on July 4, 2012
  13. Jump up^ East Asia Forum Japan’s aging population and public deficitsRetrieved on July 4, 2012
  14. Jump up^ MSNBC Japan firms want ‘safety first’ on nuclear restarts: pollRetrieved on July 4, 2012
  15. Jump up^ electronic journal of contemporary japanese studies Can the Democratic Party Finally Raise Japan’s Consumption Tax?Archived 2012-07-16 at the Wayback Machine. Retrieved on July 4, 2012
  16. Jump up^ The Japan Times Sales tax hike would need voter OK via Lower House poll Retrieved on July 4, 2012
  17. Jump up^ The Financial Express Fukuda Vows To Continue Reform In Japan Retrieved on July 4, 2012
  18. Jump up^ Reuters Japan PM Aso says consumption tax hike unavoidable Retrieved on July 2012
  19. Jump up^ Asashi Shimbun DPJ’S Governing Fiasco: Party never challenged Finance Ministry Archived 2012-04-07 at the Wayback Machine. Retrieved on July 4, 2012
  20. Jump up^ Forbes magazine For PM Noda: A Week of Political Drama and the Challenge Ahead Retrieved on July 4, 2012
  21. Jump up^ Asahi Shimbun Update: Lower House passes bills to double consumption tax Archived 2013-06-22 at the Wayback Machine. Retrieved on July 4, 2012
  22. Jump up^ Bloomberg website Abe Postpones Japan’s Sales-Tax Hike Until Late in 2019 Retrieved on March 25, 2017
  23. Jump up^ KPMG research Japan – Consumption tax rate increase to be postponed Retrieved on April 23, 2015
  24. Jump up^ Gilbert E. Metcalf. “The National Sales Tax: Who Bears the Burden?
  25. Jump up^ Regnier, Pat (2005-09-07). “Just how fair is the FairTax?”. Money Magazine. Retrieved 2006-07-20.
  26. Jump up^ “Greenspan: Consumption Tax Could Help Economy”. Fox News. 2005-03-03. Retrieved 2008-08-09.
  27. Jump up^ “America the Uncompetitive”. Wall Street Journal. 2008-08-15. Retrieved 2008-09-03.

External links

 

FairTax

From Wikipedia, the free encyclopedia

The FairTax is a proposal to reform the federal tax code of the United States. It would replace all federal income taxes (including the alternative minimum taxcorporate income taxes, and capital gains taxes), payroll taxes(including Social Security and Medicare taxes), gift taxes, and estate taxes with a single broad national consumption tax on retail sales. The Fair Tax Act (H.R. 25/S. 18) would apply a tax, once, at the point of purchase on all new goods and services for personal consumption. The proposal also calls for a monthly payment to all family households of lawful U.S. residents as an advance rebate, or “prebate”, of tax on purchases up to the poverty level.[1][2] First introduced into the United States Congress in 1999, a number of congressional committees have heard testimony on the bill; however, it has not moved from committee and has yet to have any effect on the tax system. In recent years, a tax reform movement has formed behind the FairTax proposal.[3] Attention increased after talk radio personality Neal Boortz and Georgia Congressman John Linder published The FairTax Book in 2005 and additional visibility was gained in the 2008 presidential campaign.

As defined in the proposed legislation, the tax rate is 23% for the first year. This percentage is based on the total amount paid including the tax ($23 out of every $100 spent in total). This would be equivalent to a 30% traditional U.S. sales tax ($23 on top of every $77 spent—$100 total).[4] The rate would automatically adjust annually based on federal receipts in the previous fiscal year.[5] With the rebate taken into consideration, the FairTax would be progressive on consumption,[2] but would also be regressive on income at higher income levels (as consumption falls as a percentage of income).[6][7] Opponents argue this would accordingly decrease the tax burdenon high-income earners and increase it on the middle class.[4][8] Supporters contend that the plan would effectively tax wealth, increase purchasing power[9][10] and decrease tax burdens by broadening the tax base.

The plan’s supporters state that a consumption tax would increase savings and investment, ease tax compliance and increase economic growth, increase incentives for international business to locate in the US and increase US competitiveness in international trade.[11][12][13] The plan is intended to increase cost transparency for funding the federal government. Supporters believe it would increase civil liberties, benefit the environment and effectively tax illegal activity and undocumented immigrants.[11][14] Opponents contend that a consumption tax of this size would be extremely difficult to collect, and would lead to pervasive tax evasion.[4][6] They also argue that the proposed sales tax rate would raise less revenue than the current tax system, leading to an increased budget deficit.[4][15] Other concerns include the proposed repeal of the Sixteenth Amendment, removal of tax deduction incentives, transition effects on after-tax savings, incentives on credit use and the loss of tax advantages to state and local bonds.

Legislative overview and history

Rep John Linder holding the 133 page Fair Tax Act of 2007 in contrast to the then-current U.S. tax code and IRS regulations.

The legislation would remove the Internal Revenue Service (after three years), and establish Excise Tax and Sales Tax bureaus in the Department of the Treasury.[16] The states are granted the primary authority for the collection of sales tax revenues and the remittance of such revenues to the Treasury. The plan was created by Americans For Fair Taxation, an advocacy group formed to change the tax system. The group states that, together with economists, it developed the plan and the name “Fair Tax”, based on interviews, polls, and focus groups of the general public.[4] The FairTax legislation has been introduced in the House by Georgia Republicans John Linder (1999–2010) and Rob Woodall (2011–2014),[17] while being introduced in the Senate by Georgia Republican Saxby Chambliss (2003–2014).

Linder first introduced the Fair Tax Act (H.R. 2525) on July 14, 1999, to the 106th United States Congress and a substantially similar bill has been reintroduced in each subsequent session of Congress. The bill attracted a total of 56 House and Senate cosponsors in the 108th Congress,[18][19] 61 in the 109th,[20][21] 76 in the 110th,[22][23] 70 in the 111th,[24][25] 78 in the 112th,[26][27] 83 in the 113th (H.R. 25/S. 122), 81 in the 114th (H.R. 25/S. 155), and 46 in the 115th (H.R. 25/S. 18). Former Speaker of the House Dennis Hastert (Republican) had cosponsored the bill in the 109th–110th Congress, but it has not received support from the Democratic leadership.[21][22][28] Democratic Representative Collin Peterson of Minnesota and Democratic Senator Zell Miller of Georgia cosponsored and introduced the bill in the 108th Congress, but Peterson is no longer cosponsoring the bill and Miller has left the Senate.[18][19] In the 109th–111th Congress, Representative Dan Boren has been the only Democrat to cosponsor the bill.[20][22] A number of congressional committees have heard testimony on the FairTax, but it has not moved from committee since its introduction in 1999. The legislation was also discussed with President George W. Bush and his Secretary of the Treasury Henry M. Paulson.[29]

To become law, the bill will need to be included in a final version of tax legislation from the U.S. House Committee on Ways and Means, pass both the House and the Senate, and finally be signed by the President. In 2005, President Bush established an advisory panel on tax reform that examined several national sales tax variants including aspects of the FairTax and noted several concerns. These included uncertainties as to the revenue that would be generated, and difficulties of enforcement and administration, which made this type of tax undesirable to recommend in their final report.[8] The panel did not examine the FairTax as proposed in the legislation. The FairTax received visibility in the 2008 presidential election on the issue of taxes and the IRS, with several candidates supporting the bill.[30][31] A poll in 2009 by Rasmussen Reports found that 43% of Americans would support a national sales tax replacement, with 38% opposed to the idea; the sales tax was viewed as fairer by 52% of Republicans, 44% of Democrats, and 49% of unaffiliateds.[32] President Barack Obama did not support the bill,[33] arguing for more progressive changes to the income and payroll tax systems. President Donald Trump has proposed to lower overall income taxation and reduce the number of tax brackets from seven to three.

Tax rate

The sales tax rate, as defined in the legislation for the first year, is 23% of the total payment including the tax ($23 of every $100 spent in total—calculated similar to income taxes). This would be equivalent to a 30% traditional U.S. sales tax ($23 on top of every $77 spent—$100 total, or $30 on top of every $100 spent—$130 total).[4] After the first year of implementation, this rate is automatically adjusted annually using a predefined formula reflecting actual federal receipts in the previous fiscal year.

The effective tax rate for any household would be variable due to the fixed monthly tax rebate that are used to rebate taxes paid on purchases up to the poverty level.[2] The tax would be levied on all U.S. retail sales for personal consumption on new goods and services. Critics argue that the sales tax rate defined in the legislation would not be revenue neutral (that is, it would collect less for the government than the current tax system), and thus would increase the budget deficit, unless government spending were equally reduced.[4]

Sales tax rate

During the first year of implementation, the FairTax legislation would apply a 23% federal retail sales tax on the total transaction value of a purchase; in other words, consumers pay to the government 23 cents of every dollar spent in total (sometimes called tax-inclusive, and presented this way to provide a direct comparison with individual income and employment taxes which reduce a person’s available money before they can make purchases). The equivalent assessed tax rate is 30% if the FairTax is applied to the pre-tax price of a good like traditional U.S. state sales taxes (sometimes called tax-exclusive; this rate is not directly comparable with existing income and employment taxes).[4] After the first year of implementation, this tax rate would be automatically adjusted annually using a formula specified in the legislation that reflects actual federal receipts in the previous fiscal year.[5]

Effective tax rate

A household’s effective tax rate on consumption would vary with the annual expenditures on taxable items and the fixed monthly tax rebate. The rebate would have the greatest effect at low spending levels, where they could lower a household’s effective rate to zero or below.[9] The lowest effective tax rate under the FairTax could be negative due to the rebate for households with annual spending amounts below poverty level spending for a specified household size. At higher spending levels, the rebate has less impact, and a household’s effective tax rate would approach 23% of total spending.[9] A person spending at the poverty level would have an effective tax rate of 0%, whereas someone spending at four times the poverty level would have an effective tax rate of 17.2%. Buying or otherwise receiving items and services not subject to federal taxation (such as a used home or car) can contribute towards a lower effective tax rate. The total amount of spending and the proportion of spending allocated to taxable items would determine a household’s effective tax rate on consumption. If a rate is calculated on income, instead of the tax base, the percentage could exceed the statutory tax rate in a given year.

Monthly tax rebate

Proposed 2015 FairTax Prebate Schedule[34]
One adult household Two adult household
Family
Size
Annual
Consumption
Allowance
Annual
Prebate
Monthly
Prebate
Family
Size
Annual
Consumption
Allowance
Annual
Prebate
Monthly
Prebate
1 person $11,770 $2,707 $226 couple $23,540 $5,414 $451
and 1 child $15,930 $3,664 $305 and 1 child $27,700 $6,371 $531
and 2 children $20,090 $4,621 $385 and 2 children $31,860 $7,328 $611
and 3 children $24,250 $5,578 $465 and 3 children $36,020 $8,285 $690
and 4 children $28,410 $6,534 $545 and 4 children $40,180 $9,241 $770
and 5 children $32,570 $7,491 $624 and 5 children $44,340 $10,198 $850
and 6 children $36,490 $8,393 $699 and 6 children $48,500 $11,155 $930
and 7 children $40,890 $9,405 $784 and 7 children $52,660 $12,112 $1,009
The annual consumption allowance is based on the 2015 DHHS Poverty Guidelines as published in the Federal Register, January 22, 2015. There is no marriage penalty as the couple amount is twice the amount that a single adult receives. For families/households with more than 8 persons, add $4,160 to the annual consumption allowance for each additional person. The annual consumption allowance is the amount of spending that is “untaxed” under the FairTax.

Under the FairTax, family households of lawful U.S. residents would be eligible to receive a “Family Consumption Allowance” (FCA) based on family size (regardless of income) that is equal to the estimated total FairTax paid on poverty level spending according to the poverty guidelines published by the U.S. Department of Health and Human Services.[1] The FCA is a tax rebate (known as a “prebate” as it would be an advance) paid in twelve monthly installments, adjusted for inflation. The rebate is meant to eliminate the taxation of household necessities and make the plan progressive.[4] Households would register once a year with their sales tax administering authority, providing the names and social security numbers of each household member.[1] The Social Security Administration would disburse the monthly rebate payments in the form of a paper check via U.S. Mail, an electronic funds transfer to a bank account, or a “smartcard” that can be used like a debit card.[1]

Opponents of the plan criticize this tax rebate due to its costs. Economists at the Beacon Hill Institute estimated the overall rebate cost to be $489 billion (assuming 100% participation).[35] In addition, economist Bruce Bartlett has argued that the rebate would create a large opportunity for fraud,[36] treats children disparately, and would constitute a welfare payment regardless of need.[37]

The President’s Advisory Panel for Federal Tax Reform cited the rebate as one of their chief concerns when analyzing their national sales tax, stating that it would be the largest entitlement program in American history, and contending that it would “make most American families dependent on monthly checks from the federal government”.[8][38] Estimated by the advisory panel at approximately $600 billion, “the Prebate program would cost more than all budgeted spending in 2006 on the Departments of Agriculture, Commerce, Defense, Education, Energy, Homeland Security, Housing and Urban Development, and Interior combined.”[8] Proponents point out that income tax deductions, tax preferences, loopholescredits, etc. under the current system was estimated at $945 billion by the Joint Committee on Taxation.[35] They argue this is $456 billion more than the FairTax “entitlement” (tax refund) would spend to cover each person’s tax expenses up to the poverty level. In addition, it was estimated for 2005 that the Internal Revenue Service was already sending out $270 billion in refund checks.[35]

Presentation of tax rate

Mathematically, a 23% tax out of $100 yields approximately the same as a 30% tax on $77.

Sales and income taxes behave differently due to differing definitions of tax base, which can make comparisons between the two confusing. Under the existing individual income plus employment (Social Security; Medicare; Medicaid) tax formula, taxes to be paid are included in the base on which the tax rate is imposed (known as tax-inclusive). If an individual’s gross income is $100 and the sum of their income plus employment tax rate is 23%, taxes owed equals $23. Traditional state sales taxes are imposed on a tax base equal to the pre-tax portion of a good’s price (known as tax-exclusive). A good priced at $77 with a 30% sales tax rate yields $23 in taxes owed. To adjust an inclusive rate to an exclusive rate, divide the given rate by one minus that rate (i.e. {\displaystyle 0.23/(1-0.23)=0.23/0.77=0.30}{\displaystyle 0.23/(1-0.23)=0.23/0.77=0.30}).

The FairTax statutory rate, unlike most U.S. state-level sales taxes, is presented on a tax base that includes the amount of FairTax paid. For example, a final after-tax price of $100 includes $23 of taxes. Although no such requirement is included in the text of the legislation, Congressman John Linder has stated that the FairTax would be implemented as an inclusive tax, which would include the tax in the retail price, not added on at checkout—an item on the shelf for five dollars would be five dollars total.[29][39] The legislation requires the receipt to display the tax as 23% of the total.[40] Linder states the FairTax is presented as a 23% tax rate for easy comparison to income and employment tax rates (the taxes it would be replacing). The plan’s opponents call the semantics deceptive. FactCheck called the presentation misleading, saying that it hides the real truth of the tax rate.[41] Bruce Bartlett stated that polls show tax reform support is extremely sensitive to the proposed rate,[37] and called the presentation confusing and deceptive based on the conventional method of calculating sales taxes.[42] Proponents believe it is both inaccurate and misleading to say that an income tax is 23% and the FairTax is 30% as it implies that the sales tax burden is higher.

Revenue neutrality

A key question surrounding the FairTax is whether the tax has the ability to be revenue-neutral; that is, whether the tax would result in an increase or reduction in overall federal tax revenues. Economists, advisory groups, and political advocacy groups disagree about the tax rate required for the FairTax to be truly revenue-neutral. Various analysts use different assumptions, time-frames, and methods resulting in dramatically different tax rates making direct comparison among the studies difficult. The choice between static or dynamic scoring further complicates any estimate of revenue-neutral rates.[43]

A 2006 study published in Tax Notes by the Beacon Hill Institute at Suffolk University and Dr. Laurence Kotlikoff estimated the FairTax would be revenue-neutral for the tax year 2007 at a rate of 23.82% (31.27% tax-exclusive).[44] The study states that purchasing power is transferred to state and local taxpayers from state and local governments. To recapture the lost revenue, state and local governments would have to raise tax rates or otherwise change tax laws in order to continue collecting the same real revenues from their taxpayers.[38][44] The Argus Group and Arduin, Laffer & Moore Econometrics each published an analysis that defended the 23% rate.[45][46][47] While proponents of the FairTax concede that the above studies did not explicitly account for tax evasion, they also claim that the studies did not altogether ignore tax evasion under the FairTax. These studies presumably incorporated some degree of tax evasion in their calculations by using National Income and Product Account based figures, which is argued to understate total household consumption.[44] The studies also did not account for capital gains that may be realized by the U.S. government if consumer prices were allowed to rise, which would reduce the real value of nominal U.S. government debt.[44] Nor did these studies account for any increased economic growth that many economists researching the plan believe would occur.[44][47][48][49]

In contrast to the above studies, William G. Gale of the Brookings Institution published a study in Tax Notes that estimated a rate of 28.2% (39.3% tax-exclusive) for 2007 assuming full taxpayer compliance and an average rate of 31% (44% tax-exclusive) from 2006 to 2015 (assumes that the Bush tax cuts expire on schedule and accounts for the replacement of an additional $3 trillion collected through the Alternative Minimum Tax).[4][15][50] The study also concluded that if the tax base were eroded by 10% due to tax evasion, tax avoidance, and/or legislative adjustments, the average rate would be 34% (53% tax-exclusive) for the 10-year period. A dynamic analysis in 2008 by the Baker Institute For Public Policy concluded that a 28% (38.9% tax-exclusive) rate would be revenue neutral for 2006.[51] The President’s Advisory Panel for Federal Tax Reform performed a 2006 analysis to replace the individual and corporate income tax with a retail sales tax and estimated the rate to be 25% (34% tax-exclusive) assuming 15% tax evasion, and 33% (49% tax-exclusive) with 30% tax evasion.[8] The rate would need to be substantially higher to replace the additional taxes replaced by the FairTax (payroll, estate, and gift taxes). Several economists criticized the President’s Advisory Panel’s study as having allegedly altered the terms of the FairTax, using unsound methodology, and/or failing to fully explain their calculations.[35][44][52]

Taxable items and exemptions

The tax would be levied once at the final retail sale for personal consumption on new goods and services. Purchases of used items, exports and all business transactions would not be taxed. Also excluded are investments, such as purchases of stock, corporate mergers and acquisitions and capital investmentsSavings and education tuition expenses would be exempt as they would be considered an investment (rather than final consumption).[53]

A good would be considered “used” and not taxable if a consumer already owns it before the FairTax takes effect or if the FairTax has been paid previously on the good, which may be different from the item being sold previously. Personal services such as health care, legal services, financial services, and auto repairs would be subject to the FairTax, as would renting apartments and other real property.[4] Food, clothing, prescription drugs and medical services would be taxed. (State sales taxes generally exempt these types of basic-need items in an effort to reduce the tax burden on low-income families. The FairTax would use a monthly rebate system instead of the common state exclusions.) Internet purchases would be taxed, as would retail international purchases (such as a boat or car) that are imported to the United States (collected by the U.S. Customs and Border Protection).[53]

Distribution of tax burden

Boston University study of the FairTax. Lower rates claimed on workers from a larger tax base, replacing regressive taxes, and wealth taxation.

President’s Advisory Panel’sanalysis of a hybrid National Sales Tax. Higher rates claimed on the middle-class for an income tax replacement (excludes payroll, estate, and gift taxes replaced under the FairTax).

The FairTax’s effect on the distribution of taxation or tax incidence (the effect on the distribution of economic welfare) is a point of dispute. The plan’s supporters argue that the tax would broaden the tax base, that it would be progressive, and that it would decrease tax burdens and start taxing wealth (reducing the economic gap).[9] Opponents argue that a national sales tax would be inherently regressive and would decrease tax burdens paid by high-income individuals.[4][54] A person earning $2 million a year could live well spending $1 million, and as a result pay a mere 11% of that year’s income in taxes.[4] Households at the lower end of the income scale spend almost all their income, while households at the higher end are more likely to devote a portion of income to saving. Therefore, according to economist William G. Gale, the percentage of income taxed is regressive at higher income levels (as consumption falls as a percentage of income).[6]

Income earned and saved would not be taxed until spent under the proposal. Households at the extreme high end of consumption often finance their purchases out of savings, not income.[6][37] Economist Laurence Kotlikoff states that the FairTax could make the tax system much more progressive and generationally equitable,[2] and argues that taxing consumption is effectively the same as taxing wages plus taxing wealth.[2] A household of three persons (this example will use two adults plus one child; the rebate does not consider marital status) spending $30,000 a year on taxable items would devote about 3.4% of total spending ([$6,900 tax minus $5,888 rebate]/$30,000 spending) to the FairTax after the rebate. The same household spending $125,000 on taxable items would spend around 18.3% ([$28,750 tax minus $5,888 rebate]/$125,000 spending) on the FairTax. At higher spending levels, the rebate has less impact and the rate approaches 23% of total spending. Thus, according to economist Laurence Kotlikoff, the effective tax rate is progressive on consumption.[2]

Studies by Kotlikoff and David Rapson state that the FairTax would significantly reduce marginal taxes on work and saving, lowering overall average remaining lifetime tax burdens on current and future workers.[9][55] A study by Kotlikoff and Sabine Jokisch concluded that the long-term effects of the FairTax would reward low-income households with 26.3% more purchasing power, middle-income households with 12.4% more purchasing power, and high-income households with 5% more purchasing power.[10] The Beacon Hill Institute reported that the FairTax would make the federal tax system more progressive and would benefit the average individual in almost all expenditures deciles.[7] In another study, they state the FairTax would offer the broadest tax base (an increase of over $2 trillion), which allows the FairTax to have a lower tax rate than current tax law.[56]

Gale analyzed a national sales tax (though different from the FairTax in several aspects[7][45]) and reported that the overall tax burden on middle-income Americans would increase while the tax burden on the top 1% would drop.[6] A study by the Beacon Hill Institute reported that the FairTax may have a negative effect on the well-being of mid-income earners for several years after implementation.[49] According to the President’s Advisory Panel for Federal Tax Reform report, which compared the individual and corporate income tax (excluding other taxes the FairTax replaces) to a sales tax with rebate,[8][35] the percentage of federal taxes paid by those earning from $15,000–$50,000 would rise from 3.6% to 6.7%, while the burden on those earning more than $200,000 would fall from 53.5% to 45.9%.[8] The report states that the top 5% of earners would see their burden decrease from 58.6% to 37.4%.[8][57]FairTax supporters argue that replacing the regressive payroll tax (a 15.3% total tax not included in the Tax Panel study;[8] payroll taxes include a 12.4% Social Security tax on wages up to $97,500 and a 2.9% Medicare tax, a 15.3% total tax that is often split between employee and employer) greatly changes the tax distribution, and that the FairTax would relieve the tax burden on middle-class workers.[2][52]

Predicted effects

The predicted effects of the FairTax are a source of disagreement among economists and other analysts.[41][42][54] According to Money magazine, while many economists and tax experts support the idea of a consumption tax, many of them view the FairTax proposal as having serious problems with evasion and revenue neutrality.[4] Some economists argue that a consumption tax (the FairTax is one such tax) would have a positive effect on economic growth, incentives for international business to locate in the U.S., and increased U.S. international competitiveness (border tax adjustment in global trade).[11][12][13] The FairTax would be tax-free on mortgage interest (up to a basic interest rate) and donations, but some lawmakers have concerns about losing tax incentives on home ownership and charitable contributions.[58] There is also concern about the effect on the income tax industry and the difficulty of repealing the Sixteenth Amendment (to prevent Congress from re-introducing an income tax).[59]

Economic

Americans For Fair Taxation states the FairTax would boost the United States economy and offers a letter signed by eighty economists, including Nobel Laureate Vernon L. Smith, that have endorsed the plan.[12] The Beacon Hill Institute estimated that within five years real GDP would increase 10.7% over the current system, domestic investment by 86.3%, capital stock by 9.3%, employment by 9.9%, real wages by 10.2%, and consumption by 1.8%.[49] Arduin, Laffer & Moore Econometrics projected the economy as measured by GDP would be 2.4% higher in the first year and 11.3% higher by the 10th year than it would otherwise be.[47] Economists Laurence Kotlikoff and Sabine Jokisch reported the incentive to work and save would increase; by 2030, the economy’s capital stock would increase by 43.7% over the current system, output by 9.4%, and real wages by 11.5%.[10] Economist John Golob estimates a consumption tax, like the FairTax, would bring long-term interest rates down by 25–35%.[60] An analysis in 2008 by the Baker Institute For Public Policyindicated that the plan would generate significant overall macroeconomic improvement in both the short and long-term, but warned of transitional issues.[51]

FairTax proponents argue that the proposal would provide tax burden visibility and reduce compliance and efficiency costs by 90%, returning a large share of money to the productive economy.[2] The Beacon Hill Institute concluded that the FairTax would save $346.51 billion in administrative costs and would be a much more efficient taxation system.[61] Bill Archer, former head of the House Ways and Means Committee, asked Princeton University Econometrics to survey 500 European and Asian companies regarding the effect on their business decisions if the United States enacted the FairTax. 400 of those companies stated they would build their next plant in the United States, and 100 companies said they would move their corporate headquarters to the United States.[62] Supporters argue that the U.S. has the highest combined statutory corporate income tax rate among OECD countries along with being the only country with no border adjustment element in its tax system.[63][64] Proponents state that because the FairTax eliminates corporate income taxes and is automatically border adjustable, the competitive tax advantage of foreign producers would be eliminated, immediately boosting U.S. competitiveness overseas and at home.[65]

Opponents point to a study commissioned by the National Retail Federation in 2000 that found a national sales tax bill filed by Billy Tauzin, the Individual Tax Freedom Act (H.R. 2717), would bring a three-year decline in the economy, a four-year decline in employment and an eight-year decline in consumer spending.[66] Wall Street Journal columnist James Taranto states the FairTax is unsuited to take advantage of supply-side effects and would create a powerful disincentive to spend money.[54] John Linder states an estimated $11 trillion is held in foreign accounts (largely for tax purposes), which he states would be repatriated back to U.S. banks if the FairTax were enacted, becoming available to U.S. capital markets, bringing down interest rates, and otherwise promoting economic growth in the United States.[11] Attorney Allen Buckley states that a tremendous amount of wealth was already repatriated under law changes in 2004 and 2005.[67] Buckley also argues that if the tax rate was significantly higher, the FairTax would discourage the consumption of new goods and hurt economic growth.[67]

Transition

Stability of the tax base: a comparison of personal consumption expenditures and adjusted gross income

During the transition, many or most of the employees of the IRS (105,978 in 2005)[68] would face loss of employment.[44] The Beacon Hill Institute estimate is that the federal government would be able to cut $8 billion from the IRS budget of $11.01 billion (in 2007), reducing the size of federal tax administration by 73%.[44] In addition, income tax preparers (many seasonal), tax lawyers, tax compliance staff in medium-to-large businesses, and software companies which sell tax preparation software could face significant drops, changes, or loss of employment. The bill would maintain the IRS for three years after implementation before completely decommissioning the agency, providing employees time to find other employment.[16]

In the period before the FairTax is implemented, there could be a strong incentive for individuals to buy goods without the sales tax using credit. After the FairTax is in effect, the credit could be paid off using untaxed payroll. If credit incentives do not change, opponents of the FairTax worry it could exacerbate an existing consumer debt problem. Proponents of the FairTax state that this effect could also allow individuals to pay off their existing (pre-FairTax) debt more quickly,[11] and studies suggest lower interest rates after FairTax passage.[60]

Individuals under the current system who accumulated savings from ordinary income (by choosing not to spend their money when the income was earned) paid taxes on that income before it was placed in savings (such as a Roth IRA or CD). When individuals spend above the poverty level with money saved under the current system, that spending would be subject to the FairTax. People living through the transition may find both their earnings and their spending taxed.[69] Critics have stated that the FairTax would result in unfair double taxation for savers and suggest it does not address the transition effect on some taxpayers who have accumulated significant savings from after-tax dollars, especially retirees who have finished their careers and switched to spending down their life savings.[38][69] Supporters of the plan argue that the current system is no different, since compliance costs and “hidden taxes” embedded in the prices of goods and services cause savings to be “taxed” a second time already when spent.[69] The rebate would supplement accrued savings, covering taxes up to the poverty level. The income taxes on capital gains, estates, social security and pension benefits would be eliminated under FairTax. In addition, the FairTax legislation adjusts Social Security benefits for changes in the price level, so a percentage increase in prices would result in an equal percentage increase to Social Security income.[16] Supporters suggest these changes would offset paying the FairTax under transition conditions.[11]

Other indirect effects

The FairTax would be tax free on mortgage interest up to the federal borrowing rate for like-term instruments as determined by the Treasury,[70] but since savings, education, and other investments would be tax free under the plan, the FairTax could decrease the incentive to spend more on homes. An analysis in 2008 by the Baker Institute For Public Policy concluded that the FairTax would have significant transitional issues for the housing sector since the investment would no longer be tax-favored.[51] In a 2007 study, the Beacon Hill Institute concluded that total charitable giving would increase under the FairTax, although increases in giving would not be distributed proportionately amongst the various types of charitable organizations.[71] The FairTax may also affect state and local government debt as the federal income tax system provides tax advantages to municipal bonds.[72] Proponents believe environmental benefits would result from the FairTax through environmental economics and the re-use and re-sale of used goods. Advocates argue the FairTax would provide an incentive for illegal immigrants to legalize as they would otherwise not receive the rebate.[1][11] Proponents also believe that the FairTax would have positive effects on civil liberties that are sometimes charged against the income tax system, such as social inequalityeconomic inequalityfinancial privacyself-incriminationunreasonable search and seizureburden of proof, and due process.[14]

If the FairTax bill were passed, permanent elimination of income taxation would not be guaranteed; the FairTax bill would repeal much of the existing tax code, but the Sixteenth Amendment would remain in place. Preventing new legislation from reintroducing income taxation would require a repeal of the Sixteenth Amendment to the United States Constitution with a separate provision expressly prohibiting a federal income tax.[59] This is referred to as an “aggressive repeal”. Separate income taxes enforced by individual states would be unaffected by the federal repeal. Passing the FairTax would require only a simple majority in each house of the United States Congress along with the signature of the President, whereas enactment of a constitutional amendment must be approved by two thirds of each house of the Congress, and three-quarters of the individual U.S. states. It is therefore possible that passage of the FairTax bill would simply add another taxation system. If a new income tax bill were passed after the FairTax passage, a hybrid system could develop; albeit, there is nothing preventing a bill for a hybrid system today. To address this issue and preclude that possibility, in the 111th Congress John Linder introduced a contingent sunset provision in H.R. 25. It would require the repeal of the Sixteenth Amendment within 8 years after the implementation of the FairTax or, failing that, the FairTax would expire.[73] Critics have also argued that a tax on state government consumption could be unconstitutional.[67]

Changes in the retail economy

Since the FairTax would not tax used goods, the value would be determined by the supply and demand in relation to new goods.[74] The price differential/margins between used and new goods would stay consistent, as the cost and value of used goods are in direct relationship to the cost and value of the new goods. Because the U.S. tax system has a hidden effect on prices, it is expected that moving to the FairTax would decrease production costs from the removal of business taxes and compliance costs, which is predicted to offset a portion of the FairTax effect on prices.[11]

Value of used goods

Since the FairTax would not tax used goods, some critics have argued that this would create a differential between the price of new and used goods, which may take years to equalize.[37] Such a differential would certainly influence the sale of new goods like vehicles and homes. Similarly, some supporters have claimed that this would create an incentive to buy used goods, creating environmental benefits of re-use and re-sale. Conversely, it is argued that like the income tax system that contains embedded tax cost (see Theories of retail pricing),[75] used goods would contain the embedded FairTax cost.[69] While the FairTax would not be applied to the retail sales of used goods, the inherent value of a used good includes the taxes paid when the good was sold at retail. The value is determined by the supply and demand in relation to new goods.[74] The price differential / margins between used and new goods should stay consistent, as the cost and value of used goods are in direct relationship to the cost and value of the new goods.

Theories of retail pricing

supply and demand diagram illustrating taxes’ effect on prices.

Based on a study conducted by Dale Jorgenson, proponents state that production cost of domestic goods and services could decrease by approximately 22% on average after embedded tax costs are removed, leaving the sale nearly the same after taxes. The study concludes that producer prices would drop between 15% and 26% (depending on the type of good/service).[76] Jorgenson’s research included all income and payroll taxes in the embedded tax estimation, which assumes employee take-home pay (net income) remains unchanged from pre-FairTax levels.[4][77] Price and wage changes after the FairTax would largely depend on the response of the Federal Reservemonetary authorities.[29][37][78] Non-accommodation of the money supply would suggest retail prices and take home pay stay the same—embedded taxes are replaced by the FairTax. Full accommodation would suggest prices and incomes rise by the exclusive rate (i.e., 30%)—embedded taxes become windfall gains. Partial accommodation would suggest a varying degree in-between.[29][78]

If businesses provided employees with gross pay (including income tax withholding and the employee share of payroll taxes),[44] Arduin, Laffer & Moore Econometrics estimated production costs could decrease by a minimum of 11.55% (partial accommodation).[47] This reduction would be from the removal of the remaining embedded costs, including corporate taxes, compliance costs, and the employer share of payroll taxes. This decrease would offset a portion of the FairTax amount reflected in retail prices, which proponents suggest as the most likely scenario.[29] Bruce Bartlett states that it is unlikely that nominal wages would be reduced, which he believes would result in a recession, but that the Federal Reserve would likely increase the money supply to accommodate price increases.[37] David Tuerck states “The monetary authorities would have to consider how the degree of accommodation, varying from none to full, would affect the overall economy and how it would affect the well-being of various groups such as retirees.”[78]

Social Security benefits would be adjusted for any price changes due to FairTax implementation.[16] The Beacon Hill Institute states that it would not matter, apart from transition issues, whether prices fall or rise—the relative tax burden and tax rate remains the same.[44] Decreases in production cost would not fully apply to imported products; so according to proponents, it would provide tax advantages for domestic production and increase U.S. competitiveness in global trade (see Border adjustability). To ease the transition, U.S. retailers will receive a tax credit equal to the FairTax on their inventory to allow for quick cost reduction. Retailers would also receive an administrative fee equal to the greater of $200 or 0.25% of the remitted tax as compensation for compliance costs,[79] which amounts to around $5 billion.

Effects on tax code compliance

One avenue for non-compliance is the black market. FairTax supporters state that the black market is largely untaxed under the current tax system. Economists estimate the underground economy in the United States to be between one and three trillion dollars annually.[80][81] By imposing a sales tax, supporters argue that black market activity would be taxed when proceeds from such activity are spent on legal consumption.[82] For example, the sale of illegal narcotics would remain untaxed (instead of being guilty of income tax evasion, drug dealers would be guilty of failing to submit sales tax), but they would face taxation when they used drug proceeds to buy consumer goods such as food, clothing, and cars. By taxing this previously untaxed money, FairTax supporters argue that non-filers would be paying part of their share of what would otherwise be uncollected income and payroll taxes.[11][83]

Other economists and analysts have argued that the underground economy would continue to bear the same tax burden as before.[13][82][83][84] They state that replacing the current tax system with a consumption tax would not change the tax revenue generated from the underground economy—while illicit income is not taxed directly, spending of income from illicit activity results in business income and wages that are taxed.[13][82][83]

Tax compliance and evasion

“No, No! Not That Way”—Political cartoon from 1933 commenting on a general sales tax over an income tax.

Proponents state the FairTax would reduce the number of tax filers by about 86% (from 100 million to 14 million) and reduce the filing complexity to a simplified state sales tax form.[52] The Government Accountability Office (GAO), among others, have specifically identified the negative relationship between compliance costs and the number of focal points for collection.[85] Under the FairTax, the federal government would be able to concentrate tax enforcement efforts on a single tax. Retailers would receive an administrative fee equal to the greater of $200 or 0.25% of the remitted tax as compensation for compliance costs.[79] In addition, supporters state that the overwhelming majority of purchases occur in major retail outlets, which are very unlikely to evade the FairTax and risk losing their business licenses.[44] Economic Census figures for 2002 show that 48.5% of merchandise sales are made by just 688 businesses (“Big-Box” retailers). 85.7% of all retail sales are made by 92,334 businesses, which is 3.6% of American companies. In the service sector, approximately 80% of sales are made by 1.2% of U.S. businesses.[29]

The FairTax is a national tax, but can be administered by the states rather than a federal agency,[86] which may have a bearing on compliance as the states’ own agencies could monitor and audit businesses within that state. The 0.25% retained by the states amounts to $5 billion the states would have available for enforcement and administration. For example, California should receive over $500 million for enforcement and administration, which is more than the $327 million budget for the state’s sales and excise taxes.[87] Because the federal money paid to the states would be a percentage of the total revenue collected, John Linder claims the states would have an incentive to maximize collections.[11] Proponents believe that states that choose to conform to the federal tax base would have advantages in enforcement, information sharing, and clear interstate revenue allocation rules.[85][86] A study by the Beacon Hill Institute concluded that, on average, states could more than halve their sales tax rates and that state economies would benefit greatly from adopting a state-level FairTax.[85]

FairTax opponents state that compliance decreases when taxes are not automatically withheld from citizens, and that massive tax evasion could result by collecting at just one point in the economic system.[37] Compliance rates can also fall when taxed entities, rather than a third party, self-report their tax liability. For example, ordinary personal income taxes can be automatically withheld and are reported to the government by a third party. Taxes without withholding and with self-reporting, such as the FairTax, can see higher evasion rates. Economist Jane Gravelle of the Congressional Research Service found studies showing that evasion rates of sales taxes are often above 10%, even when the sales tax rate is in the single digits.[83] Tax publications by the Organisation for Economic Co-operation and Development (OECD), IMF, and Brookings Institution have suggested that the upper limit for a sales tax is about 10% before incentives for evasion become too great to control.[37] According to the GAO, 80% of state tax officials opposed a national sales tax as an intrusion on their tax base.[37] Opponents also raise concerns of legal tax avoidance by spending and consuming outside of the U.S. (imported goods would be subject to collection by the U.S. Customs and Border Protection).[88]

Economists from the University of Tennessee concluded that while there would be many desirable macroeconomic effects, adoption of a national retail sales tax would also have serious effects on state and local government finances.[89] Economist Bruce Bartlett stated that if the states did not conform to the FairTax, they would have massive confusion and complication as to what is taxed by the state and what is taxed by the federal government.[37] In addition, sales taxes have long exempted all but a few services because of the enormous difficulty in taxing intangibles—Bartlett suggests that the state may not have sufficient incentive to enforce the tax.[42] University of Michigan economist Joel Slemrod argues that states would face significant issues in enforcing the tax. “Even at an average rate of around five percent, state sales taxes are difficult to administer.”[90] University of Virginia School of Law professor George Yin states that the FairTax could have evasion issues with export and import transactions.[38] The President’s Advisory Panel for Federal Tax Reformreported that if the federal government were to cease taxing income, states might choose to shift their revenue-raising to income.[8] Absent the Internal Revenue Service, it would be more difficult for the states to maintain viable income tax systems.[8][89]

Underground economy

Opponents of the FairTax argue that imposing a national retail sales tax would drive transactions underground and create a vast underground economy.[4] Under a retail sales tax system, the purchase of intermediate goods and services that are factors of production are not taxed, since those goods would produce a final retail good that would be taxed. Individuals and businesses may be able to manipulate the tax system by claiming that purchases are for intermediate goods, when in fact they are final purchases that should be taxed. Proponents point out that a business is required to have a registered seller’s certificate on file, and must keep complete records of all transactions for six years. Businesses must also record all taxable goods bought for seven years. They are required to report these sales every month (see Personal vs. business purchases).[40] The government could also stipulate that all retail sellers provide buyers with a written receipt, regardless of transaction type (cash, credit, etc.), which would create a paper trail for evasion with risk of having the buyer turn them in (the FairTax authorizes a reward for reporting tax cheats).[52]

While many economists and tax experts support a consumption tax, problems could arise with using a retail sales tax rather than a value added tax (VAT).[4][37] A VAT imposes a tax on the value added at every intermediate step of production, so the goods reach the final consumer with much of the tax already in the price.[91] The retail seller has little incentive to conceal retail sales, since he has already paid much of the good’s tax. Retailers are unlikely to subsidize the consumer’s tax evasion by concealing sales. In contrast, a retailer has paid no tax on goods under a sales tax system. This provides an incentive for retailers to conceal sales and engage in “tax arbitrage” by sharing some of the illicit tax savings with the final consumer. Citing evasion, Tim Worstall wrote in Forbes that Europe’s 20-25% consumption taxes simply would not work if they were a sales tax: that’s why they’re all a VAT.[91] Laurence Kotlikoff has stated that the government could compel firms to report, via 1099-type forms, their sales to other firms, which would provide the same records that arise under a VAT.[52] In the United States, a general sales tax is imposed in 45 states plus the District of Columbia (accounting for over 97% of both population and economic output), which proponents argue provides a large infrastructure for taxing sales that many countries do not have.

Personal versus business purchases

Businesses would be required to submit monthly or quarterly reports (depending on sales volume) of taxable sales and sales tax collected on their monthly sales tax return. During audits, the business would have to produce invoices for the “business purchases” that they did not pay sales tax on, and would have to be able to show that they were genuine business expenses.[40] Advocates state the significant 86% reduction in collection points would greatly increase the likelihood of business audits, making tax evasion behavior much more risky.[52] Additionally, the FairTax legislation has several fines and penalties for non-compliance, and authorizes a mechanism for reporting tax cheats to obtain a reward.[40] To prevent businesses from purchasing everything for their employees, in a family business for example, goods and services bought by the business for the employees that are not strictly for business use would be taxable.[40] Health insurance or medical expenses would be an example where the business would have to pay the FairTax on these purchases. Taxable property and services purchased by a qualified non-profit or religious organization “for business purposes” would not be taxable.[92]

FairTax movement

A FairTax rally in Orlando, Floridaon July 28, 2006.

The creation of the FairTax began with a group of businessmen from Houston, Texas, who initially financed what has become the political advocacy group Americans For Fair Taxation (AFFT), which has grown into a large tax reform movement.[3][29] This organization, founded in 1994, claims to have spent over $20 million in research, marketing, lobbying, and organizing efforts over a ten-year period and is seeking to raise over $100 million more to promote the plan.[93] AFFT includes a staff in Houston and a large group of volunteers who are working to get the FairTax enacted.

In 2007 Bruce Bartlett said the FairTax was devised by the Church of Scientology in the early 1990s,[42] drawing comparisons between the tax policy and religious doctrine from the faith, whose creation myth holds that an evil alien ruler known as Xenu “used phony tax inspections as a guise for destroying his enemies.”[94] Representative John Linder told the Atlanta Journal-Constitution that Bartlett confused the FairTax movement with the Scientology-affiliated Citizens for an Alternative Tax System,[95] which also seeks to abolish the federal income tax and replace it with a national retail sales tax. Leo Linbeck, AFFT Chairman and CEO, stated “As a founder of Americans For Fair Taxation, I can state categorically, however, that Scientology played no role in the founding, research or crafting of the legislation giving expression to the FairTax.”[93]

Much support has been achieved by talk radio personality Neal Boortz.[96] Boortz’s book (co-authored by Georgia Congressman John Linder) entitled The FairTax Book, explains the proposal and spent time atop the New York Times Best Seller list. Boortz stated that he donates his share of the proceeds to charity to promote the book.[96] In addition, Boortz and Linder have organized several FairTax rallies to publicize support for the plan. Other media personalities have also assisted in growing grassroots support including former radio and TV talk show host Larry Elder, radio host and former candidate for the 2012 GOP Presidential Nomination Herman Cain, Fox News and radio host Sean Hannity, and Fox Business Host John Stossel.[97] The FairTax received additional visibility as one of the issues in the 2008 presidential election. At a debate on June 30, 2007, several Republican candidates were asked about their position on the FairTax and many responded that they would sign the bill into law if elected.[30] The most vocal promoters of the FairTax during the 2008 primary elections were Republican candidate Mike Huckabee and Democratic candidate Mike Gravel. The Internet, blogosphere, and electronic mailing lists have contributed to promoting, organizing, and gaining support for the FairTax. In the 2012 Republican presidential primary, and his ensuing Libertarian Party presidential run, former Governor of New Mexico and businessman Gary Johnson actively campaigned for the FairTax.[98] Former CEO of Godfather’s Pizza Herman Cain has been promoting the FairTax as a final step in a multiple-phase tax reform.[99] Outside of the United States, the Christian Heritage Party of Canadaadopted a FairTax proposal as part of their 2011 election platform[100] but won no seats in that election.

See also

https://en.wikipedia.org/wiki/FairTax

 

G. Edward Griffin

From Wikipedia, the free encyclopedia
G. Edward Griffin
G. Edward Griffin.jpg
Born November 7, 1931 (age 85)
Detroit, Michigan
Nationality American
Education University of Michigan
BA
Occupation Author, lecturer, filmmaker
Known for Conspiracy theories
Spouse(s) Patricia Irving Griffin

G. Edward Griffin (born November 7, 1931) is an American far-right conspiracy theorist, author, lecturer, and filmmaker. He is the author of The Creature from Jekyll Island (1994), which promotes theories about the motives behind the creation of the Federal Reserve System.[1][2] Griffin’s writings include a number of views regarding various political, defense and health care interests. In his book World Without Cancer, he argues that cancer is a nutritional deficiency that can be cured by consuming amygdalin, a view regarded as quackery by the medical community.[1][3][4] He is an HIV/AIDS denialist, supports the 9/11 Truth movement, and supports a specific John F. Kennedy assassination conspiracy theory.[1] Also, he believes the actual geographical location of the biblical Noah’s Ark is located at the Durupınar site in Turkey.[5]

Biography

Griffin was born in Detroit, Michigan, on November 7, 1931, and became a child voice actor on local radio from 1942 to 1947. He later emceed at WJR (CBS), and continued as an assistant announcer at the public radio station WUOM. He earned his bachelor’s degree from the University of Michigan in Ann Arbor in 1953, majoring in speech and communications. In 1954, he served in the United States Army, and in 1956 was discharged as a sergeant.[6]

Griffin worked as a writer for Curtis LeMay, vice presidential running mate for George Wallace during his 1968 United States Presidential campaign.[6] Shortly thereafter, he began writing and producing documentary-style videos about the same controversial topics covered in his books, such as cancer, the historical authenticity of Noah’s Ark, the Federal Reserve System, the Supreme Court of the United States, terrorism, subversion, and foreign policy.[7][8]

Political advocacy

In 1964, Griffin wrote his first book, The Fearful Master, on the United Nations, a topic that recurs throughout his writings. While he describes his work as the output of “a plain vanilla researcher”, Griffin also agrees with the Los Angeles Daily Newss characterization of him as “Crusader Rabbit“.[9]

Griffin has been a member and officer of the John Birch Society (JBS) for much of his life[10] and a contributing editor to its magazine, The New American.[11] Since the 1960s, Griffin has spoken and written about the Society’s theory of history involving “communist and capitalist conspiracies” over banking systems (including the Federal Reserve System), International banking, United States foreign policy, the U.S. military-industrial complex, the American news and entertainment media as propaganda, the Supreme Court of the United States, and the United Nations.[12][13] From 1962 to 1975, he completed nine books and seven film productions; his 1969 video lecture, More Deadly Than War: The Communist Revolution in America, was printed in English and Dutch. In 1974, he published World Without Cancer, and in 1975, he wrote a sympathetic biography of JBS founder Robert W. Welch.[14][15]

In May 2009, Griffin helped Robert L. Schulz and Edwin Vieira organize a meeting at Jekyll Island of thirty people including “radical tax protesters, militiamen, nativist extremists, anti-Obama ‘birthers,’ hard-line libertarians, conspiracy-minded individuals with theories about secret government concentration camps, even a raging anti-Semite named Edgar Steele“.[16] Speakers at the meeting “warned of ‘increasing national instability,’ worried about a coming ‘New World Order,’ denounced secret schemes to merge Canada, Mexico and the United States, and furiously attacked the new president’s ‘socialized’ policies and failure to end illegal immigration,” and attendees made plans for a “continental congress” that occurred in November 2009 that was hosted by the We the People Foundation.[16] Griffin was the first to speak at the Jekyll Island meeting and he “told conferees that merely putting ‘large numbers of people in the street’ was not enough. ‘We must,’ he said, ‘achieve power.'”[16]

Alternate conspiracy theories and fringe science

The Creature from Jekyll Island

Griffin’s 1994 book, The Creature from Jekyll Island, draws parallels between the Federal Reserve and a bird of prey.

He has opposed the Federal Reserve since the 1960s, saying it constitutes a banking cartel and an instrument of war and totalitarianism.[17] Griffin presented his views on the U.S. money system in his 1993 movie and 1994 book on the Federal Reserve SystemThe Creature from Jekyll Island.[6][note 1] The book was a business-topic bestseller.[2][18][19] The book also influenced Ron Paul when he wrote a chapter on money and the Federal Reserve in his New York Timesbestseller, The Revolution: A Manifesto.[20]

Edward Flaherty, an academic economist writing for Political Research Associates, characterized Griffin’s description of the secret meeting on Jekyll Island as “paranoid”, “amateurish”, and “academically suspect”.[21]

Cancer, chemtrails, and AIDS denial

In 1973, Griffin wrote and self-published the book World Without Cancer and released it as a video;[22][23] its second edition appeared in 1997. In the book and the video, Griffin asserts that cancer is a metabolic disease like a vitamin deficiency facilitated by the insufficient dietary consumption of amygdalin. He contends that “eliminating cancer through a nondrug therapy has not been accepted because of the hidden economic and power agendas of those who dominate the medical establishment”[24] and he wrote, “at the very top of the world’s economic and political pyramid of power there is a grouping of financial, political, and industrial interests that, by the very nature of their goals, are the natural enemies of the nutritional approaches to health”.[25]

Since the 1970s, the use of laetrile to treat cancer has been identified in the scientific literature as a canonical example of quackery and has never been shown to be effective in the treatment or prevention of cancer.[26][27] Emanuel Landau, then a Project Director for the APHA, wrote a book review for the American Journal of Public Health, which noted that Griffin “accepts the ‘conspiracy’ theory … that policy-makers in the medical, pharmaceutical, research and fund-raising organizations deliberately or unconsciously strive not to prevent or cure cancer in order to perpetuate their functions”. Landau concludes that although World Without Cancer “is an emotional plea for the unrestricted use of the Laetrile as an anti-tumor agent, the scientific evidence to justify such a policy does not appear within it”.[28]

Griffin’s websites refer visitors to doctors, clinics, and hospitals with alternative cancer treatments, including sellers of laetrile.[22][29][30] He does not sell laetrile himself.[22]

In 2010, Griffin engaged in HIV/AIDS denialism, claiming that human immunodeficiency virus (HIV) “doesn’t exist” and that antiretroviral medications (rather than the HIV virus) cause acquired immune deficiency syndrome (AIDS).[1]

In a 2012 video titled “What in the World Are They Spraying?”, Griffin asserts that airplanes leave a permanent grid of chemtrails hanging over cities like Los Angeles.[31]

Noah’s Ark search

In 1992 Griffin wrote and narrated The Discovery of Noah’s Ark, based on David Fasold‘s 1988 book, The Ark of Noah.[5] Griffin’s film said that the original Noah’s Ark continued to exist in fossil form at the Durupınar site, about 17 miles (27 km) from Mount Ararat in Turkey, based on photographic, radar, and metal detector evidence. Griffin also said that towns in the area had names that resembled terms from the Biblical story of the flood. He endorsed the historicity of the Biblical account of the flood, and speculated that the flood was the byproduct of massive tides caused by a gravitational interaction between Earth and a large celestial body coming close to it.[9]

Works

Some of Griffin’s work is published by Western Islands Publishers, the publishing arm of the John Birch Society, with the remainder being self-published through his own company, American Media.

Bibliography

  • The Fearful Master: A Second Look at the United Nations. Boston, MA: Western Islands Publishers. 1964. ISBN 0-88279-102-8OCLC 414277.
  • The Great Prison Break: The Supreme Court Leads the Way. Boston, MA: Western Islands Publishers. 1968. OCLC 220369.
  • More Deadly Than War: The Communist Revolution in America (transcript). American Media). 1969. OCLC 71304108.
  • This is the John Birch Society: An Invitation to Membership (1st ed., 2d ed. 1972, 3d ed. 1981 Western Islands ed.). Thousand Oaks, CA: American Media. 1970. OCLC 83825.
  • The Capitalist Conspiracy: An Inside View of International Banking (transcript) (1st ed., 2d ed. 1982 Huntington Beach Patriots ed.). Thousand Oaks, CA: American Media. 1971. OCLC 3263688.
  • World Without Cancer: The Story of Vitamin B17 (1st ed., reprinted 1976, 1977, 2d ed. 1997, reprinted 2001, 2006 ed.). American Media. 1974. ISBN 0-912986-09-3.
  • The Life and Words of Robert Welch, Founder of the John Birch Society. E. Merrill Root (introduction). Thousand Oaks, CA: American Media. 1975. ISBN 978-0-912986-07-4OCLC 1530499.
  • The Creature from Jekyll Island: A Second Look at the Federal Reserve (1st ed., 2d ed. 1995, 3d ed. 1998 American Media, 4th ed. 2002, now in 5th ed.). Appleton, WI: American Opinion Publishing. 1994. ISBN 0-912986-16-6OCLC 31354943.

Filmography

  • The Grand Design: A Lecture on U.S. Foreign Policy. 1969. OCLC 5549063.
  • More Deadly Than War: The Communist Revolution in America (Lecture). American Media. 1969. OCLC 5549058.
  • World Without Cancer: The Story of Vitamin B17 (Visual material). American Media. 1974. OCLC 5604983.
  • Bezmenov, Yuri; Griffin, G. Edward (1984). Soviet Subversion of the Free Press: A Conversation with Yuri Bezmenov (Videotape). Westlake Village, CA: American Media. OCLC 45810551.
  • Griffin, G. Edward; Solis, Willy (1985). The Red Reality in Central America (Videotape). Westlake Village, CA: American Media. OCLC 37023488.
  • The Discovery of Noah’s Ark: The Whole Story (Videotape). Westlake Village, CA: American Media. 1992. OCLC 29511807.
  • Griffin, G. Edward; Shurtleff, Howard (1994). The Creature from Jekyll Island: A Second Look at the Federal Reserve (Videotape). John Birch SocietyOCLC 36245861.
  • Hidden Agenda: Real Conspiracies that Affect our Lives Today (6 volumes). Venice, CA: Knowledge 20/20. 2001. OCLC 49289908.
    • Vol. 1 (1971). The Capitalist Conspiracy: An Inside View of International Banking. American Media. OCLC 5558340.
    • Vol. 2 (1983). The Subversion Factor: A History of Treason in Modern America (Part 1: Moles in High Places, Part 2: Open Gates of Troy) (Videotape). Westlake Village, CA: American Media. OCLC 36968013.
    • Vol. 3 (1968). The Truth About Communism: Only the Brave are Free (Videotape).
    • Vol. 4 (1966). Anarchy U.S.A.: In the Name of Civil Rights (DVD). John Birch Society.
    • Vol. 5 (1962). Katanga: The Untold Story (Videotape).
    • Vol. 6. WBTV (1982). No Place to Hide: The Strategy and Tactics of Terrorism (Videotape). Alexandria, VA: Western Goals FoundationOCLC 10744020. Also OCLC 19993388.
  • Griffin, G. Edward (executive producer); Dill, David; Gazecki, William; Harris, Bev; Mercuri, Rebecca; Rubin, Aviel D (2004). Invisible Ballots: A Temptation for Electronic Vote Fraud (Videotape, DVD). Westlake Village, CA: American Media and Reality Zone. ISBN 978-0-912986-43-2OCLC 65199460. Also OCLC 56844390.
  • Jaeger, James; Baehr, Theodore; Griffin, G. Edward; Paul, Ron; Vieira, Edwin (2007). Fiat Empire: Why the Federal Reserve Violates the U.S. Constitution (DVD). Beverly Hills, CA: Cornerstone-Matrixx Entertainment. OCLC 192133806.
  • What in the World Are They Spraying? Produced by G. Edward Griffin, Michael Murphy, and Paul Wittenberger. (2010). OCLC 682713571

Notes

  1. Jump up^ The title refers to a 1910 meeting at Jekyll Island, Georgia, of six bankers and economic policymakers. The meeting was recounted by Forbes founder B. C. Forbes in 1916, (see: Forbes, B. C. (1916-10-19). “Men Who Are Making America”. Leslie’s Weekly. p. 423. I am giving to the world, for the first time, the real story of how the famous Aldrich currency report, the foundation of our new currency system, was written.) and recalled by participant Frank Vanderlip as “the actual conception of what eventually became the Federal Reserve System”. (See:Vanderlip, Frank A. (1933-02-09). “From Farm Boy to Financier”. Saturday Evening Post. pp. 25, 70. Also, Vanderlip, Frank A. (1935). From Farm Boy to FinancierNew York City, New York: Appleton-Century Company. pp. 210–219. In Gurumurthy, S. (2007-12-28). “US Fed: an enigma wrapped in mystery”Business Line. Retrieved 2008-09-02.)

References

  1. Jump up to:a b c d Easter, Sean (March 26, 2011). “Who is G. Edward Griffin, Beck’s Expert on The Federal Reserve?”Media Matters for America. Retrieved 2015-03-10On his Fox News show, Glenn Beck presented Griffin as an authority on the history of the Federal Reserve System. Griffin has a history of holding and promoting various conspiracy hypotheses, whether founded or unfounded, that include notions that question the very existence of HIV/AIDS, as well as the view that the origin of cancer has to do with a specific dietary deficiency, and correspondingly, that cancer can be effectively cured with an ‘essential food compound’.
  2. Jump up to:a b “Paul Out to Slay The Creature from Jekyll Island”USA Daily. August 22, 2007. Archived from the original on October 16, 2007. Retrieved 2008-03-02Griffin, in ‘The Creature from Jekyll Island’ documents an organized and successful attempt to seize control over the U.S. monetary system by powerful American and European banking families. …
  3. Jump up^ Herbert V (May 1979). “Laetrile: the cult of cyanide. Promoting poison for profit”Am. J. Clin. Nutr32 (5): 1121–58. PMID 219680.
  4. Jump up^ Lerner IJ (February 1984). “The whys of cancer quackery”. Cancer53 (3 Suppl): 815–9. PMID 6362828doi:10.1002/1097-0142(19840201)53:3+<815::aid-cncr2820531334>3.0.co;2-u.
  5. Jump up to:a b “The Discovery of Noah’s Ark”. Reality Zone. Retrieved 2008-03-06This program was written and narrated by G. Edward Griffin.
  6. Jump up to:a b c Who’s Who in America 1994 (48th ed.). Marquis Who’s Who. December 1993.
  7. Jump up^ “G. Edward Griffin”IMDB. Retrieved 2015-03-10.
  8. Jump up^ “G. Edward Griffin”WorldCat. Retrieved 2015-03-11.
  9. Jump up to:a b “T.O.’s Griffin All Booked Up With Writing, Film Projects”Daily News of Los Angeles. May 22, 1995. Retrieved 2008-02-29G. Edward Griffin, author and documentary film producer, calls himself ‘a plain vanilla researcher and writer.’ But the projects he has completed don’t deal with ‘vanilla’ subjects. They concern the Federal Reserve, the Supreme Court, cancer and even Noah’s ark. Perhaps a better description of Griffin is one he also admits to – ‘Crusader Rabbit’. …
  10. Jump up^ Aune, James Arnt (2001). Selling the Free Market: The Rhetoric of Economic Correctness. Guilford Press. pp. 140–1. ISBN 1-57230-757-9.
  11. Jump up^ Steele, Karen Dorn; Morlin, Bill (2000-09-02). “Get-rich pitch ‘bogus’: Seven states have determined Global Prosperity is an illegal pyramid scheme”The Spokesman Review. Archived from the original on 2008-12-11. Retrieved 2008-03-05.
  12. Jump up^ Sayre, Nora (1996). Sixties Going on SeventiesRutgers University Press. p. 98. ISBN 0-8135-2193-9In a wonderful lecture by G. Edward Griffin, slides and diagrams of triangles and arrows and circles show how the Conspiracy learned its techniques from the 18th Century Freemasons of Europe. …
  13. Jump up^ Stone, Barbara S. (February 1974). “The John Birch Society: A Profile”. The Journal of Politics36 (1): 184–197. JSTOR 2129115doi:10.2307/2129115.
  14. Jump up^ Bourgoin, Suzanne Michele; Byers, Paula K. (1998). Encyclopedia of World BiographyGaleISBN 0-7876-2556-6.
  15. Jump up^ Thornton, James (1993-12-13). “Remembering Robert Welch”John Birch Society. Retrieved 2008-03-06We invite you to learn more about him by reading The Life and Words of Robert Welch by G. Edward Griffin. …
  16. Jump up to:a b c Heidi Beirich. “Midwifing the Militias: Jekyll Island Gathering Recalls Another” (Spring 2010, Issue 137). Southern Poverty Law Center. Retrieved 2015-03-11G. Edward Griffin, who helped organize the Jekyll Island gathering, may have been more revealing. Griffin, who wrote a scathing 1994 attack on the Fed published by the anti-communist John Birch Society and also a sympathetic biography of the group’s founder, was the first to speak at the meeting. He told conferees that merely putting ‘large numbers of people in the street’ was not enough. ‘We must,’ he said, ‘achieve power’.
  17. Jump up^ Thomas, Kenn (2002). Popular Paranoia: A Steamshovel Press Anthology. Adventures Unlimited Press. p. 298. ISBN 1-931882-06-1.
  18. Jump up^ “Bestselling business books”. Calgary Herald. 2006-07-04. p. F5.
  19. Jump up^ “Best-selling business books, April 14”Rocky Mountain News. 2007-04-14. Archived from the original on 2008-09-27. Retrieved 2008-02-2910. The Creature from Jekyll Island: A Second Look at the Federal Reserve: G. Edward Griffin. American Media. $24.50. …
  20. Jump up^ Paul listed Griffin’s book on his “Reading List for a Free and Prosperous America”. See: Paul, Ron (2007-04-30). The Revolution: A ManifestoNew York City, NY: Grand Central Publishing. pp. 169–70. ISBN 0-446-53751-9.
  21. Jump up^ Flaherty, Edward. “Debunking the Federal Reserve Conspiracy Theories: Myth #1: The Federal Reserve Act of 1913 was crafted by Wall Street bankers and a few senators in a secret meeting.”Somerville, MassachusettsPolitical Research Associates. Retrieved 2008-05-10G. Edward Griffin lays out this conspiratorial version of history in his book The Creature from Jekyll Island. Mainstream-approved academics have viscerally criticized the very nature of his research as “highly suspect”, his methods of research as “amateurish, and his controversial historical conclusions by referring to them as “utterly preposterous” however. … …
  22. Jump up to:a b c Lagnado, Lucette (2000-03-22). “Laetrile Makes a Comeback Selling to Patients Online”Wall Street Journal. Retrieved 2008-02-29.
  23. Jump up^ “Controversial Cancer Drug Laetrile Enters Political Realms”Middlesboro Daily News. 1977-08-10. Retrieved 2008-02-29.
  24. Jump up^ “New Library Books”BooksGrand Forks Herald. 2003-07-13. p. 4. Retrieved 2008-02-29.
  25. Jump up^ Kenadjian, Berdj (2006). From Darkness to Light. Zakarian, Martin, illus. (2d ed.). Phenix & Phenix Literary Publicists. p. 94. ISBN 978-1-933538-24-2. Retrieved 2009-03-17.
  26. Jump up^ Milazzo, Stefania; Horneber, Markus (2015-04-28). “Laetrile treatment for cancer”The Cochrane Database of Systematic Reviews (4): CD005476. ISSN 1469-493XPMID 25918920doi:10.1002/14651858.CD005476.pub4.
  27. Jump up^ Nightingale SL (1984). “Laetrile: the regulatory challenge of an unproven remedy”Public Health Rep99 (4): 333–8. PMC 1424606Freely accessiblePMID 6431478.
  28. Jump up^ Landau, Emanuel (July 1976). World without Cancer; the Story of Vitamin B17 (PDF). American Journal of Public Health66(7): 696. ISSN 0090-0036doi:10.2105/AJPH.66.7.696-a. Retrieved 2008-03-05The author maintains that the missing food nutrient is part of the nitriloside family which is found particularly in the seeds of the fruit family containing bitter almond …
  29. Jump up^ Jones, Marianna (1976-10-11). “Cure or fraud?”Walla Walla Union-Bulletin. Retrieved 2008-02-29.
  30. Jump up^ “The Cancer Cure Foundation”. The Cancer Cure Foundation. Retrieved 2015-03-11This website provides an unbiased analysis of the major alternative-cancer clinics, treatments and therapies. It explains the theories of how these treatments work and where to locate doctors, practitioners and natural-health clinics. It also provides case histories of patients who have benefited from these non-conventional approaches.
  31. Jump up^ “Chemtrails – Conspiracy Theory?”. Australian Science. December 28, 2012. Retrieved 2015-03-11The filmmakers bring in advocate and conspiracist G. Edward Griffin to join this chemtrail crusade. He talks about how chemtrails don’t dissipate; that a permanent grid hangs over cities like Los Angeles.

Further reading

External links

https://en.wikipedia.org/wiki/G._Edward_Griffin

 

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The Pronk Pops Show 791, November 7, 2016, Story 1: Trump Tidal Wave Warning: American People Give Trump A 5% Margin Popular Vote Mandate — Pronk Prediction: 50% Trump vs. 45% Clinton — Trump 275 Electoral Votes vs. Clinton 263 Electoral Votes — Trump Wins Florida, Ohio, and Pennsylvania Becomes President Elect Trump — Narcissist Capitalist Leader In — Narcissist Socialist Appeaser Out — Do Not Blame Me I Elected The George Carlin Option — Videos — Story 2: FBI Director James Comey’s Letters — Return To Sender — FBI Investigations Of Hillary Clinton Are Not Over — Public Corruption Using State Department and Clinton Foundation Investigation Ongoing and Expanding — Videos

Posted on November 7, 2016. Filed under: 2016 Presidential Campaign, 2016 Presidential Candidates, American History, Applications, Benghazi, Blogroll, Breaking News, Bribery, Cartoons, Communications, Computers, Congress, Constitutional Law, Countries, Crime, Culture, Donald J. Trump, Donald J. Trump, Donald Trump, Donald Trump, Economics, Education, Fast and Furious, Federal Bureau of Investigation (FBI), Foreign Policy, Fourth Amendment, Government, Government Dependency, Government Spending, Hardware, High Crimes, Hillary Clinton, Hillary Clinton, Hillary Clinton, History, House of Representatives, Human, Illegal Immigration, Immigration, Impeachment, Independence, Iran Nuclear Weapons Deal, IRS, Law, Legal Immigration, Life, Media, Mike Pence, News, Obama, Philosophy, Photos, Politics, Polls, Radio, Raymond Thomas Pronk, Scandals, Second Amendment, Senate, Servers, Software, Success, Taxation, Taxes, Terror, Terrorism, Unemployment, United States Constitution, United States of America, Videos, War, Wealth, Weapons, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

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The Pronk Pops Show Podcasts

Pronk Pops Show 791: November 7, 2016

Pronk Pops Show 790: November 4, 2016

Pronk Pops Show 789: November 3, 2016

Pronk Pops Show 788: November 2, 2016

Pronk Pops Show 787: October 31, 2016

Pronk Pops Show 786: October 28, 2016

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Pronk Pops Show 784: October 26, 2016 

Pronk Pops Show 783: October 25, 2016

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Pronk Pops Show 781: October 21, 2016

Pronk Pops Show 780: October 20, 2016

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Pronk Pops Show 777: October 17, 2016

Pronk Pops Show 776: October 14, 2016

Pronk Pops Show 775: October 13, 2016

Pronk Pops Show 774: October 12, 2016

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Pronk Pops Show 769: October 5, 2016 

Pronk Pops Show 768: October 3, 2016

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Pronk Pops Show 750: September 7, 2016

Pronk Pops Show 749: September 2, 2016

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Pronk Pops Show 747: August 31, 2016

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Pronk Pops Show 737: August 16, 2016

Pronk Pops Show 736: August 15, 2016

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Pronk Pops Show 733: August 9, 2016

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Pronk Pops Show 730: August 3, 2016

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Story 1: Trump Tidal Wave Warning: American People Give Trump A 5% Margin Popular Vote Mandate  — Pronk Prediction:  50% Trump vs. 45% Clinton — Trump 275 Electoral  Votes vs. Clinton 263 Electoral  Votes — Trump Wins Florida, Ohio, and Pennsylvania Becomes President Elect Trump — Narcissist Capitalist Leader In — Narcissist Socialist Appeaser Out — Do Not Blame Me I Elected The George Carlin Option — Videos

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Latest Polls

s
Monday, November 7
Race/Topic   (Click to Sort) Poll Results Spread
General Election: Trump vs. Clinton vs. Johnson vs. Stein Bloomberg Clinton 44, Trump 41, Johnson 4, Stein 2 Clinton +3
General Election: Trump vs. Clinton vs. Johnson vs. Stein IBD/TIPP Tracking Clinton 41, Trump 43, Johnson 6, Stein 2 Trump +2
General Election: Trump vs. Clinton vs. Johnson vs. Stein CBS News Clinton 45, Trump 41, Johnson 5, Stein 2 Clinton +4
General Election: Trump vs. Clinton vs. Johnson vs. Stein FOX News Clinton 48, Trump 44, Johnson 3, Stein 2 Clinton +4
General Election: Trump vs. Clinton vs. Johnson vs. Stein ABC/Wash Post Tracking Clinton 47, Trump 43, Johnson 4, Stein 1 Clinton +4
General Election: Trump vs. Clinton vs. Johnson vs. Stein Monmouth Clinton 50, Trump 44, Johnson 4, Stein 1 Clinton +6
General Election: Trump vs. Clinton vs. Johnson vs. Stein Rasmussen Reports Clinton 45, Trump 43, Johnson 4, Stein 2 Clinton +2
General Election: Trump vs. Clinton vs. Johnson vs. Stein NBC News/SM Clinton 47, Trump 41, Johnson 6, Stein 3 Clinton +6
General Election: Trump vs. Clinton Bloomberg Clinton 46, Trump 43 Clinton +3
General Election: Trump vs. Clinton LA Times/USC Tracking Clinton 43, Trump 48 Trump +5
General Election: Trump vs. Clinton CBS News Clinton 47, Trump 43 Clinton +4
General Election: Trump vs. Clinton IBD/TIPP Tracking Clinton 43, Trump 42 Clinton +1
General Election: Trump vs. Clinton FOX News Clinton 48, Trump 44 Clinton +4
General Election: Trump vs. Clinton ABC/Wash Post Tracking Clinton 49, Trump 46 Clinton +3
General Election: Trump vs. Clinton Monmouth Clinton 50, Trump 44 Clinton +6
General Election: Trump vs. Clinton NBC News/SM Clinton 51, Trump 44 Clinton +7
Florida: Trump vs. Clinton vs. Johnson vs. Stein Quinnipiac Clinton 46, Trump 45, Johnson 2, Stein 1 Clinton +1
Florida: Trump vs. Clinton vs. Johnson vs. Stein Trafalgar Group (R) Clinton 46, Trump 50, Johnson 2, Stein 1 Trump +4
Florida: Trump vs. Clinton vs. Johnson vs. Stein Opinion Savvy Clinton 48, Trump 46, Johnson 3, Stein 1 Clinton +2
Ohio: Trump vs. Clinton vs. Johnson vs. Stein Emerson Trump 46, Clinton 39, Johnson 7, Stein 3 Trump +7
North Carolina: Trump vs. Clinton vs. Johnson NY Times/Siena Trump 44, Clinton 44, Johnson 3 Tie
North Carolina: Trump vs. Clinton vs. Johnson Quinnipiac Trump 45, Clinton 47, Johnson 3 Clinton +2
Nevada: Trump vs. Clinton vs. Johnson Emerson* Trump 46, Clinton 47, Johnson 4 Clinton +1
Nevada: Trump vs. Clinton vs. Johnson Remington Research (R) Trump 46, Clinton 45, Johnson 3 Trump +1
New Mexico: Trump vs. Clinton vs. Johnson vs. Stein Zia Poll Clinton 46, Trump 44, Johnson 6, Stein 1 Clinton +2
New Hampshire: Trump vs. Clinton vs. Johnson vs. Stein Emerson Clinton 45, Trump 44, Johnson 5, Stein 3 Clinton +1
New Hampshire: Trump vs. Clinton vs. Johnson vs. Stein WMUR/UNH Clinton 49, Trump 38, Johnson 6, Stein 1 Clinton +11
Missouri: Trump vs. Clinton vs. Johnson vs. Stein Emerson Trump 47, Clinton 41, Johnson 7, Stein 2 Trump +6
Virginia: Trump vs. Clinton Christopher Newport Univ.* Clinton 48, Trump 42 Clinton +6
Florida Senate – Rubio vs. Murphy Quinnipiac Rubio 50, Murphy 43 Rubio +7
North Carolina Senate – Burr vs. Ross NY Times/Siena Burr 46, Ross 45 Burr +1
North Carolina Senate – Burr vs. Ross Quinnipiac Burr 47, Ross 47 Tie
Nevada Senate – Heck vs. Cortez Masto Emerson Cortez Masto 48, Heck 47 Cortez Masto +1
New Hampshire Senate – Ayotte vs. Hassan Emerson Ayotte 49, Hassan 46 Ayotte +3
New Hampshire Senate – Ayotte vs. Hassan WMUR/UNH Ayotte 45, Hassan 49 Hassan +4
Missouri Senate – Blunt vs. Kander Emerson Blunt 45, Kander 46 Kander +1
Ohio Senate – Portman vs. Strickland Emerson Portman 49, Strickland 28 Portman +21
North Carolina Governor – McCrory vs. Cooper NY Times/Siena Cooper 47, McCrory 46 Cooper +1
North Carolina Governor – McCrory vs. Cooper Quinnipiac Cooper 50, McCrory 47 Cooper +3
2016 Generic Congressional Vote Bloomberg Democrats 45, Republicans 48 Republicans +3
Sunday, November 6
Race/Topic   (Click to Sort) Poll Results Spread
General Election: Trump vs. Clinton vs. Johnson vs. Stein NBC News/Wall St. Jrnl Clinton 44, Trump 40, Johnson 6, Stein 2 Clinton +4
General Election: Trump vs. Clinton NBC News/Wall St. Jrnl Clinton 48, Trump 43 Clinton +5
General Election: Trump vs. Clinton vs. Johnson vs. Stein IBD/TIPP Tracking Clinton 43, Trump 44, Johnson 5, Stein 2 Trump +1
General Election: Trump vs. Clinton IBD/TIPP Tracking Clinton 45, Trump 44 Clinton +1
General Election: Trump vs. Clinton LA Times/USC Tracking Clinton 43, Trump 48 Trump +5
General Election: Trump vs. Clinton vs. Johnson vs. Stein ABC/Wash Post Tracking Clinton 48, Trump 43, Johnson 4, Stein 2 Clinton +5
General Election: Trump vs. Clinton ABC/Wash Post Tracking Clinton 49, Trump 44 Clinton +5
Florida: Trump vs. Clinton vs. Johnson vs. Stein CBS News/YouGov Clinton 45, Trump 45, Johnson 4, Stein 2 Tie
Florida: Trump vs. Clinton vs. Johnson vs. Stein Remington Research (R)* Clinton 45, Trump 48, Johnson 2, Stein Trump +3
Ohio: Trump vs. Clinton vs. Johnson vs. Stein CBS News/YouGov Trump 46, Clinton 45, Johnson 3, Stein 2 Trump +1
Ohio: Trump vs. Clinton Columbus Dispatch* Trump 47, Clinton 48 Clinton +1
Ohio: Trump vs. Clinton vs. Johnson vs. Stein Remington Research (R)* Trump 45, Clinton 44, Johnson 4, Stein Trump +1
Michigan: Trump vs. Clinton vs. Johnson vs. Stein FOX 2 Detroit/Mitchell Clinton 46, Trump 41, Johnson 7, Stein 3 Clinton +5
Virginia: Trump vs. Clinton vs. Johnson vs. Stein Remington Research (R)* Clinton 46, Trump 44, Johnson 4, Stein Clinton +2
New Mexico: Trump vs. Clinton vs. Johnson vs. Stein Albuquerque Journal Clinton 45, Trump 40, Johnson 11, Stein 3 Clinton +5
Wisconsin: Trump vs. Clinton vs. Johnson vs. Stein Remington Research (R)* Clinton 49, Trump 41, Johnson 3, Stein Clinton +8
New York: Trump vs. Clinton vs. Johnson vs. Stein Siena Clinton 51, Trump 34, Johnson 5, Stein 2 Clinton +17
Florida Senate – Rubio vs. Murphy CBS News/YouGov Rubio 47, Murphy 44 Rubio +3
Ohio Senate – Portman vs. Strickland CBS News/YouGov Portman 52, Strickland 39 Portman +13
Ohio Senate – Portman vs. Strickland Columbus Dispatch* Portman 58, Strickland 37 Portman +21
New York Senate – Long vs. Schumer Siena Schumer 67, Long 25 Schumer +42
President Obama Job Approval Gallup Approve 53, Disapprove 44 Approve +9
Saturday, November 5
Race/Topic   (Click to Sort) Poll Results Spread
General Election: Trump vs. Clinton LA Times/USC Tracking Clinton 43, Trump 48 Trump +5
General Election: Trump vs. Clinton vs. Johnson vs. Stein IBD/TIPP Tracking Clinton 44, Trump 44, Johnson 5, Stein 2 Tie
General Election: Trump vs. Clinton IBD/TIPP Tracking Clinton 46, Trump 43 Clinton +3
General Election: Trump vs. Clinton vs. Johnson vs. Stein Reuters/Ipsos Clinton 43, Trump 39, Johnson 6, Stein 2 Clinton +4
General Election: Trump vs. Clinton Reuters/Ipsos Clinton 44, Trump 40 Clinton +4
General Election: Trump vs. Clinton vs. Johnson vs. Stein Gravis Clinton 47, Trump 45, Johnson 3, Stein 1 Clinton +2
Pennsylvania: Trump vs. Clinton vs. Johnson vs. Stein Morning Call Clinton 44, Trump 40, Johnson 7, Stein 2 Clinton +4
Pennsylvania: Trump vs. Clinton vs. Johnson vs. Stein Gravis Clinton 47, Trump 45, Johnson 2, Stein 2 Clinton +2
Iowa: Trump vs. Clinton vs. Johnson vs. Stein Des Moines Register Trump 46, Clinton 39, Johnson 6, Stein 1 Trump +7
Iowa: Trump vs. Clinton vs. Johnson vs. Stein Loras Trump 43, Clinton 44, Johnson 3, Stein 3 Clinton +1
Colorado: Trump vs. Clinton vs. Johnson vs. Stein Gravis Clinton 40, Trump 40, Johnson 7, Stein 4 Tie
Washington: Trump vs. Clinton vs. Johnson vs. Stein SurveyUSA Clinton 50, Trump 38, Johnson 4, Stein 2 Clinton +12
Pennsylvania Senate – Toomey vs. McGinty Gravis McGinty 45, Toomey 43 McGinty +2
Pennsylvania Senate – Toomey vs. McGinty Morning Call McGinty 42, Toomey 43 Toomey +1
Iowa Senate – Grassley vs. Judge Des Moines Register Grassley 56, Judge 33 Grassley +23
Colorado Senate – Glenn vs. Bennet Gravis Bennet 47, Glenn 44 Bennet +3
Iowa Senate – Grassley vs. Judge Loras* Grassley 53, Judge 37 Grassley +16
Washington Governor – Bryant vs. Inslee SurveyUSA Inslee 50, Bryant 43 Inslee +7
Iowa 1st District – Blum vs. Vernon Loras Blum 47, Vernon 41 Blum +6
Iowa 3rd District – Young vs. Mowrer Loras Young 44, Mowrer 39 Young +5

OMG!!! Last Update Trump 59% Hillary 34%

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Story 2: FBI Director James Comey’s Letters — Return To Sender — Videos  

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Lou Dobbs Tonight 11/6/16 James Comey clears Clinton once again after 2ND FBI email investigation

RUSH: What If Comey Says ‘THERE’S NOTHING THERE’

Rush Limbaugh EXPLAINS What Happened With FBI, Comey, Investigation of Hillary Email

FBI Director Comey releases new letter to Congress

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FBI FINDS HILLARY CLINTON GUILTY! JASON CHAFFETZ AND FBI DIRECTOR COMEY AGREE

Breaking: Jim Jordan Gets FBI Director To Confirm Cover Up of Evidence Tampering

Rep. Gowdy Questions FBI Director Comey

FBI Director James Comey Reveals Findings in Hillary Clinton Email Probe – No Charges Appropriate

FBI SUBPOENA SERVED !! • U.S. REP. JASON CHAFFETZ DELIVERED A SUBPOENA TO FBI #lockherup

Read the full text of James Comey’s letter on the new Clinton emails

Here is the full text of the letter written Sunday to lawmakers by FBI Director James Comey.

In it, Comey says his agency’s review of newly discovered emails has not changed his earlier conclusion that Democratic presidential nominee Hillary Clinton should not be prosecuted for her handling of classified information while secretary of state.

Dear Messrs. Chairmen:

I write to supplement my October 28, 2016 letter that notified you the FBI would be taking additional investigative steps with respect to former Secretary of State Clinton’s use of a personal email server. Since my letter, the FBI investigative team has been working around the clock to process and review a large volume of emails from a device obtained in connection with an unrelated criminal investigation. During that process, we reviewed all of the communications that were to or from Hillary Clinton while she was Secretary of State.

Based on our review, we have not changed our conclusions that we expressed in July with respect to Secretary Clinton.

I am very grateful to the professionals at the FBI for doing an extraordinary amount of high-quality work in a short period of time.

Sincerely yours,
James B. Comey
Director

http://www.usatoday.com/story/news/politics/onpolitics/2016/11/06/read-full-text-comeys-letter-new-clinton-emails/93398304/

‘You can’t review 650,000 new emails in eight days!’ Furious Trump blasts FBI Director after Houdini Hillary is CLEARED over second email investigation sparked by Anthony Weiner’s teen sexting scandal

  • FBI announced it will not change the decision it reached in July after investigating Hillary Clinton’s emails
  • Director James Comey announced the potentially election-changing news in an email on Sunday afternoon
  • The latest finding means the Democratic nominee will not be charged with anything from the email scandal 
  • Hillary’s camp addressed Comey’s letter after it was published, saying it is ‘glad that the matter is resolved’
  • Donald Trump was quick to trash the latest decision, saying Clinton is being protected by a ‘rigged system’ 

Donald Trump blasted the FBI’s director on Sunday night, telling a crowd of 8,000 people in Michigan that he rejects the bureau’s latest move to exonerate Hillary Clinton.

FBI chief James Comey told leaders in Congress hours earlier that a review of 650,000 emails discovered on a laptop belonging to Anthony Weiner had reinforced his July 5 decision to let her off the hook.

‘The investigations into her crimes will go on for a long, long time,’ Trump said in the Detroit suburb of Sterling Heights.

‘The rank-and-file special agents in the FBI won’t let her get away with her terrible crimes – including the deletion of 33,000 emails after receiving a congressional subpoena.’

‘Right now she’s being protected by a rigged system!’ he exclaimed.

‘You can’t review 650,000 new emails in eight days! You can’t do it, folks!’

While campaigning in Sterling Heights, Michigan on Sunday evening, Donald Trump (above) addressed the FBI's announcement about closing the investigation into Clinton's email server

While campaigning in Sterling Heights, Michigan on Sunday evening, Donald Trump (above) addressed the FBI’s announcement about closing the investigation into Clinton’s email server

The Republican presidential candidate insisted that it would have been impossible for the FBI to review what has been reported to be as many as 650,000 emails in so short a time 

The Republican presidential candidate insisted that it would have been impossible for the FBI to review what has been reported to be as many as 650,000 emails in so short a time

Trump (above) said: 'The rank-and-file special agents in the FBI won't let her get away with her terrible crimes – including the deletion of 33,000 emails after receiving a congressional subpoena.

Trump (above) said: 'Right now she's being protected by a rigged system!'

Trump (above) said: ‘The rank-and-file special agents in the FBI won’t let her get away with her terrible crimes – including the deletion of 33,000 emails after receiving a congressional subpoena. Right now she’s being protected by a rigged system!’

Comey’s decision means the Democratic presidential nominee will not be charged with a crime related to her mishandling of thousands of classified documents on a homebrew email server she used while she was secretary of state.

Congressman Jason Chaffetz fist tweeted out the bombshell news Sunday afternoon before FBI Director James Comey released a letter that said the investigation was closed.

‘FBI Dir just informed us ‘Based on our review, we have not changed our conclusions that we expressed in July with respect to Sec Clinton’,’ Chaffetz wrote.

Speaking to reporters with Clinton in Cleveland, Ohio, campaign communications director Jennifer Palmieri said: ‘We have seen Director Comey’s latest letter to the [Capitol] Hill. We are glad to see that he has found, as we were confident that he would, that he has confirmed the conclusion that he reached in July, and we’re glad that this matter is resolved.’

The investigation was reopened on October 28 – sparked by a DailyMail.com story that revealed Weiner was sending sexually explicit messages to a 15-year-old girl. The emails in question were found on Weiner’s laptop.

Hillary Clinton (pictured on Sunday morning) was all smiles after being again cleared by the FBI after the investigation into her emails was reopened

Hillary Clinton (pictured on Sunday morning) was all smiles after being again cleared by the FBI after the investigation into her emails was reopened

At the rally in Michigan on Sunday, Trump (above) declared, 'Hillary Clinton is guilty. She knows it, the FBI knows it, the people know it.'

At the rally in Michigan on Sunday, Trump (above) declared, ‘Hillary Clinton is guilty. She knows it, the FBI knows it, the people know it.’

 

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The Pronk Pops Show 721, July 20, 2016, Story 1: Trump Over The Top — Videos — Story 2: Hillary Clinton The Fix Is In But Will It Hold With President Trump? — American People Find Clinton Guilty — Videos — Story 3: Our Enemy The State Under The Two Party Tyranny — Garbage In Garbage Out — You Have A Choice — Vote or Stay Home — Free To Choose — Videos

Posted on July 20, 2016. Filed under: 2016 Presidential Campaign, 2016 Presidential Candidates, American History, Banking System, Ben Carson, Blogroll, Breaking News, Budgetary Policy, Congress, Constitutional Law, Corruption, Countries, Donald J. Trump, Donald J. Trump, Donald Trump, Donald Trump, Economics, Education, Elections, European History, Fiscal Policy, Foreign Policy, Free Trade, Government, Government Spending, Hillary Clinton, Hillary Clinton, History, House of Representatives, Illegal Immigration, Immigration, Independence, Labor Economics, Law, Legal Immigration, Life, Media, Monetary Policy, Photos, Politics, Polls, Progressives, Raymond Thomas Pronk, Scandals, Senate, Tax Policy, Taxation, Taxes, Ted Cruz, Ted Cruz, Terror, Terrorism, Trade Policy, Unemployment, United States of America, Videos, Wall Street Journal, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

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The Pronk Pops Show Podcasts

Pronk Pops Show 721: July 20, 2016

Pronk Pops Show 720: July 19, 2016

Pronk Pops Show 719: July 18, 2016

Pronk Pops Show 718: July 15, 2016

Pronk Pops Show 717: July 14, 2016

Pronk Pops Show 716: July 13, 2016

Pronk Pops Show 715: July 12, 2016

Pronk Pops Show 714: July 7, 2016

Pronk Pops Show 713: July 6, 2016

Pronk Pops Show 712: July 5, 2016

Pronk Pops Show 711: July 1, 2016

Pronk Pops Show 710: June 30, 2016

Pronk Pops Show 709: June 29, 201