When Threats Become a Reality: The Story Behind Iran


When Threats Become a Reality: The Story Behind Iran

January 3, 2012 By  4 Comments

Iranian President Mahmoud Ahmadinejad touring Iran's Nuclear facility.

Ignorance is bliss, or at least that’s what we are told. These days, however, ignorance carries a few more consequences than most care to mention.  Since 2005, Iran, under the leadership of President Mahmoud Ahmadinejad, has quickly become the biggest threat to not only the United States, but to the entire world. Their pursuit of nuclear weapons paired with their extreme views and opinions of Western culture have gone largely unnoticed.  In a recent article I wrote on the U.S.-Israel relationship, I touched on the threat that Iran poses to our nation’s strongest ally in the Middle East, Israel. While most people acknowledge Iran as a threat to the Middle East region, we seem to miss the boat when it comes to seeing their views on the United States.

Yes, it is true: America is riddled with its share of problems.  However, given our nation’s history with extremist Middle Eastern nations, it surprises me that the current administration is not a bit more cautious when it comes to dealing with Iran.

Iranian President mahmoud Ahmadinejad

Who is Mahmoud Ahmadinejad?

President Ahmadinejad came to power in 2005 and, much to the dismay of the Iranian people, “won” re-election again in 2009.  Ahmadinejad has become not only one of the most controversial leaders in Iran’s history, but one of the most controversial leaders in the world.  He has been quoted as denying the very existence of the Holocaust.  At the 2005 “World without Zionism” conference, he vowed to wipe the Jewish people and land of Israel off the map.  Say what you will about Iran’s aggression towards the United States for “meddling in their business,” but that excuse doesn’t explain Admadenijad’s statements toward Israel.  Iran is aggressive not because the United States is meddling in the business of the Middle East, but because the existence of the U.S. and Israel is antithetical to their existence.

Not only has he made these and other vicious statements against Israel, he has also made similar statements regarding the United States.  In a speech before the UN in 2008, President Ahmadinejad stated, “The American Empire is nearing its end.”  Many Islamic extremists over the years have vowed that it is the “Saturday people first and the Sunday people second.”  The real danger in dealing with Iran is that some refuse to see them as a credible threat.

The above video of President Ahmadinejad addressing the United Nations General Assembly further shows his extreme views of America and Israel.  During this speech, Ahmadinejad claims 9-11 was an inside job created by the U.S. Government to be used as an excuse for the aforementioned “War on Terror” that took place following these events.

As Iran is rapidly pursuing nuclear weapons for Admadenijad’s stated purpose of removing Israel and America from the Earth.  While many acknowledge that they already possess these weapons, some refuse to see the evidence that Iran is not an ally, but an enemy, and possesses nuclear energy for less-that-friendly purposes.

Just this week, an article in the New York Times claimed that Iran has produced a nuclear fuel rod enabling them to continue their program.  It can be ascertained that they found a way around U.N. sanctions, which previously prevented them from purchasing such materials from outside countries.  In fact, Iran has been everything short of humble in their talks regarding their controversial nuclear program.

Islam’s view of Western culture and Christianity is no secret to those who are willing to hear it.  Why is our government still reluctant to take Iran seriously?

Over the last two years, the Obama administration passed multiple sanctions through the House and Senate which many have hoped would be the crippling blow to stop Iran dead in its tracks. However, the sanctions have done nothing to prevent Iran from pursuing nuclear weapons. Instead, they have served as a slap on the wrist of sorts.  With the recent withdrawal of our troops from Iraq, Iran now has an opportunity to regain its influence in the region and further extend its world power.

As we enter the New Year, there are still many unanswered questions regarding what Iran is actually capable of and what our government is doing to protect us.  As I mentioned earlier, Iranian sanctions have failed to accomplish their intended goal, and as we search for a way to disarm Iran, the reality of a worldwide nuclear arms race is swiftly approaching as Iran has already demonstrated.

Jacob Harmon // University of California at San Diego // @jacobsonlv


Democrats and Complicit Republicans Trying to Take Over Fannie & Freddie Through the Payroll-Tax Extension


 

Guess who’s going to be paying for the Payroll-Tax Cut… That’s right, you are!!! Well, that is if you own a home in the United States.

You see, for the Democrat-led Senate and the Obama administration to pay for this ridiculous 2 month band-aid payroll-tax extension they’ve decided to tax Fannie Mae & Freddie Mac. Seems like a perfect fix right? Get the GSE’s to pay for our payroll-tax holiday… but as is life, it’s not that cut and dry. Since Fannie & Freddie don’t issue mortgage instruments it will be the home mortgage lenders who are responsible for paying this tax. Every business owner, and most Americans (not residing at 1600 Pennsylvania Ave.) realize that nothing in this world is free, someone always pays, and that someone is usually you and me — this case is no different.

Congress and the Obama administration are turning to an unlikely source to pay for the proposed extension of the payroll-tax cut: mortgage-finance giants Fannie Mae and Freddie Mac.

The revenue source proposed by both Senate Democrats and House Republicans would boost fees that Fannie and Freddie collect from lenders. But that is raising hackles in the real-estate industry. Builders, Realtors and lenders say it would amount to a tax that would be passed on to mortgage borrowers.

Fannie and Freddie don’t issue mortgages, but instead buy them from lenders. They bundle those loans into securities that are sold to investors, and promise to make investors whole if the loans default. To cover any defaults, Fannie and Freddie charge “guarantee” fees to lenders when they buy the loans.

Anyone that thinks these mortgage lenders are going to pay said taxes out of their profit, and not pass them down to their customers, is simply living in fantasy-land.

But make no mistake, the banks will pass this increased fee on to borrowers in the form of higher interest rates on mortgages. In essence, it’s a conduit for the home buyer to pay the bank to pay Fannie and Freddie to pay the Treasury to pay for the tax credit. Only in Washington…

As if that in and of itself wasn’t bad enough it looks to most experts that in-so-doing this tax will also, inadvertently or on purpose, back-door a government takeover of Fannie and Freddie through “pay for”

Concern:  GSE “pay-for” in payroll tax cut extension bill – raises $30-40bn by making Fannie and Freddie Mac charge higher G-fees and send the extra revenue directly to the Treasury (i.e. a direct tax, even if the bill doesn’t call it that)

Problem:  This ties Fannie Mae and Freddie Mac to the US government budget for up to 40 years (10 years of higher fees charged on mortgages that run up to 30 years beyond that) to cover just two months of payroll tax cut extension.  (Senate: covers whole 2 months planned; House: covers part of 1 year planned)

Big picture implications not appreciated:

1. Republicans say they want to fix mortgage finance and end the “GSE model” where gains are privatized and losses are dumped on taxpayers.  This prevents that from happening, as Congress will not restructure the entities if it has to “undo” a direct source of revenue.

2. In fact, this goes in the other direction – Fannie Mae and Freddie Mac become part of the government – they are nationalized – as the taxpayer will be on the hook for future losses as the companies can’t generate reserves to cover losses when mortgage borrowers default.

3. This guts the conservatorship now in place, taking value away from the enterprises that belongs to the various stakeholders.  The largest stakeholder is the US government as holder of the senior preferred stock.

4. Sets bad precedent – this is like Congress taking money out of the FDIC deposit insurance fund to cover other expenses and not losses to bank depositors.

5. If Fannie Mae and Freddie Mac become arms of the government as a result of this tax, there is a risk they could be consolidated on the government’s balance sheet and their debt could blow the debt ceiling.

Conclusion:  To us it makes sense to reform and re-privatize Fannie Mae and Freddie Mac so they lose their government sponsorship and the taxpayer gets paid back.  You don’t have to agree with this conclusion now, but if this provision goes into effect it prevents that from happening for a very long time.

Raising the “G-fee” by itself is not a bad thing, as it lets the market work, lets credit reserves build up to insulate taxpayers from harm, and brings private capital back into the mortgage market, but this is not the right way to do so.

Ties Fannie Mae and Freddie Mac into the appropriations process for the full 10-year period of the required offset, limiting Congress’ future ability to restructure and resolve the entities:
  1. Congress will not restructure the entities if it has to “undo” a direct source of revenue; in past experience, tax increases become permanent fixtures of the fiscal landscape
  2. Effectively perpetuates the conservatorship, draining financial resources from the entities and making it less likely the government will get paid back its invested capital
  3. Increases “left pocket to right pocket” accounting game where the government is forced to buy new senior preferred stock to pay dividends on previously invested capital
  4. Keeps the housing market in limbo as important sources of mortgage finance would be left un-restructured and in government hands

 

-Steve Foley
Cross Posted from The Minority Report

New Economic Policy PAC on the Horizon: American Citizens for Economic Freedom (ACEF)


As a fiscal conservative, I’m always on the lookout for new organizations that have economic policy as the driving force behind their mission. Today, I’m happy to share an interview with businessman Peter M Vessenes, CEO of ProfitSee Inc. who’s taking his knowledge and 30+ years of experience and repurposing those skills to lead a new Political Action Committee called American Citizens for Economic Freedom or ACEF.

Here’s our interview:
1.  Can you tell our readers what the catalyst was, for you, to make the leap from Business owner to starting a PAC and getting involved in politics?

Both my wife and I were offered opportunities to make a career in Government in our 20′s.  After a short time, we felt more driven to raise a family and become part of the local community, so we left the “promise” of Washington in 1976.  Each of us in our own way found unique and personally fulfilling career paths in the private sector, despite personally having 3 offers to become a lobbyist in the 1980′s.

My path focused around helping businesses going through transitions and emerging opportunities.  For eight years I primarily assisted Fortune 100 companies, combining insights and skills in business operations, global and national economics, technology, and fiscal management.

In 1991 I shifted the focus of my skills from multinational corporations to small and mid-sized businesses.  It was very rewarding, and allowed me to work intimately with almost every facet of Mainstreet American, from the business owner to their teams, their families, and their communities.

As patterns began to emerge from my experiences I began to write, to do platform speeches, hold workshops, and multi-day training events.  A few years ago I co-authored a book with Katherine (my wife and college sweetheart) titled “Building Your Multi-Million Dollar Practice” from Dearborn Press.

Four years ago I launched ProfitSee Inc., a Cloud software company that provides CPAs and their small and mid-sized business clients the reporting and projection tools that CFOs and analysts provide within multinational corporations.  Fiscal and asset management was the “weakest link” in most smaller companies.

Thirty years of fixing broken businesses combined with thirty eight years in assessing what was wrong with the country’s economic and legislative policy came to an apex in the 2008 Presidential and Congressional elections.  I was terrified of the impact of unfettered Progressive and entitlement policies taking over the country; I knew the consequences it would have on the thousands of businesses I had touched in my career.

I wound up having a collection of very dear people showing up at my house each week asking me to discuss what was going on.  This has continued unabated on Saturday nights.

My frustration with the Republican Party was large.  I have been a true economic conservative all my adult life, but growing up on the South Side of Chicago also made me a pragmatist. The most basic elements of explaining to regular people what is really going on, and what has to be done about it were missing.  It was beyond the messaging being flawed.  Fundamental definitions of key words, like “capitalism”, were being falsely defined by Liberals, and I learned long ago, that if you play a game in which you opponents have defined the rules, even an act of God will not allow you to win.

A mutual friend I was introduced to felt I had some characteristics that could best be leveraged by leading a Super PAC.

That was a little over two months ago.  Today our Saturday night group has turned into an 18 person team that is just about to launch our website, built the research and fact finding, helped me create over 40 articles, and actually allowed me to teach them how to write effectively!

The response to our content in early “trails” has been profound, converting both “Independents” and some life long Democrats.  I don’t ever want our efforts to become nothing more than “talking points” for “true believers”.  They must be both the message and the policies strategies than can persuade all but the 22% of the radical left wing.  One thing is for sure: beliefs trump the truth.  We must be effective in our writing, messaging, and communications in transforming their beliefs…  I have done it successfully for 30 years in business.  Hopefully I can do it again to many millions in the critical 2012 election.

2.  What is the mission and goal(s) of your PAC?

This question is easy; our tag line is “Rebuilding the US Economy, one person at a time.  I wrote the more formal Mission Statement for our website.

Here is a copy of it:

Welcome to American Citizens for Economic Freedom.  We hope you enjoy our website, and will become a part of our team.  ACEF is made up of every-day people from a broad spectrum of places, careers, nationalities, educational levels, and races.  My name is Peter M. Vessenes.

I grew up in an immigrant family in Chicago.  Since 1982, I have been a business advisor to companies ranging from the largest multinational corporations to small businesses launched by entrepreneurs. Since the 1970s I have also been a student of economics, international banking and trade, a writer, an author, and for the last 20 years, a platform speaker to thousands of companies.

Along with the many people that make up ACEF, I felt compelled to write and speak on the real truth about what is happening in our economy and our communities.  Particularly, I am driven to show the true underlying causes and beliefs that have been relentlessly shifting the nation away from things that are the very genetic nature of mankind.

People in our country MUST understand things as simple as sharing the real definition of “Capitalism” – an economic system of barter in which all the trading partners believe they are receiving equal or greater value in exchange for what they traded – to proving why it is instinctive in us as a creature. Confusing people about what capitalism is has been the ticket to disaster for the past 30 years.

Voters in the next election must clearly see how politicians and bureaucrats in government that give unfair advantage to companies and businesses that are friends and supporters are cheating all of us as citizens.  We must also understand that those businesses are NOT Capitalists practicing Capitalism.  They are nothing more than the collusion between the federal government and business.  In other words, they are Washington Inc.

We will cover a broad spectrum of topics:  Banks, Foreign Affairs, Education, Entitlements, Health Care, Energy, Government Debt, and even basic elements of living that make for a stronger, safer nation.

We are not supporting any individual candidate, or even any specific political party.  We are certain that if you read the articles in our website daily, you will see clearly how we have all been “cheated in the trade”. We hope you will be able to clearly evaluate all the candidates you can support and vote for in your district.

Who knows; if enough of us can be heard, we can change the laws, policies and federal budget fiascos that have brought our nation to such a terrible precipice.

I hope you will find some way to join us in strengthening the impact of our messages. Whether you simply refer others to visit the website, become a contributor, or even a contributor of articles, we hope together we can truly influence the next Congress, President, and his administration, to put the nation back on track to be the true shining light of hope and prosperity for the rest of the world.

I am also including an introductory statement that new visitors to the website will initially land on:

The country and the world are in a state of despair. The atmosphere crosses almost all boundaries and barriers.

Governments are in a state of economic crisis caused by decades of poor policies.  They have been driven by faulty beliefs, the addiction of remaining in power, and the willingness to trade favors to benefit themselves and a few. Government employee unions collude with politicians to provide unsustainable wages, benefits, and pensions to their members.

Progressivism, Washington Inc., nationalized health care, entitlements, European style socialism, and global banking flaws are all to blame.

America’s unnecessary foreign energy dependence over the past fifty years has destroyed our formerly strong position of exporting more than we import.  We ship the wealth of our citizens internationally rather than strengthen ourselves because of it.

Environmentalists accuse our nation of polluting the world, and devise “slight of hand” policies to get us to pay for other nations pollutions and industrialization.  Wall Street frequently is willing to bend or ignore the rules to make a fast buck, and Senators and Congressmen shamelessly take advantage of insider knowledge to generate incredible stock returns with Wall Street cronies.

We are also challenged by core beliefs among radical Islamic factions, destabilizing peace and safety in the world.  Traditional approaches to foreign affairs and international policies are not working.

The United States of America was created to provide a means of upending and changing these types of activities.  The Founding Fathers were not naïve. They did not believe a Representative Republic would eliminate politicians that did not serve the best interest of all the people.  They believed that the structure of our government would always provide its citizens the means of systematically replacing such people with those of sounder mind and greater wisdom.

ACEF is a collection of regular people.  We have come to believe that our nation (and the world), is at such a critical stage that we had to speak up.  Very few people understand the facts; despite the breadth of information available outside the “mainstream” media, clarity, facts, sound reasoning, and basic wisdom are seldom found.

Please join us in our effort to put people into political office at all levels that will take an uncompromising approach to stopping this current madness.

3.  Will your PAC be more in line with Tea Party/Liberty Movement conservatives or main stream republicans?

Without question, we are philosophically, economically, and governmentally aligned with the Tea Party/Liberty Movement conservatives.

4.  Is the PAC primarily about supporting candidates, issue advocacy, or both?

We are about issues, policy, exposing the reality of what is going on, how it takes place, and what we must do to change it.  We are not supporting individual candidates; rather, as we get closer to the election, we will have a candidate thermometer to assess how all candidates stack up to what we believe must take place to turn around the nation.  We are also trying to drive our readers to real-time, practical action both during the election and after, to help elect the people that will not flinch or “go inside the Beltway” in their activities as elected officials.  Fundamentally, we want to remove or cripple the “politicians” whichever party they live in.

5.  Who do you envision your audience to be and how do you intend to reach them?

We are already gathering quite a following from a very diverse collection of people just by networking.  So far they include physicians, employees of large corporations, small business owners, airline pilots, “stay at home” moms, union workers, college and high school students, and many other “every day” people.  In other words, the Tea Party people.  There seems to be a large “buzz” around the launch of our website.  Hopefully it will go viral…

We also are working hard to extend our messages to Democrats who are Democrats primarily because “they have been one all their lives” or those that have believed the talking points and spin of the left without the facts.  We have actually become pretty good at those efforts.

Beyond that, I have done a lot of public speaking.  I hope to become part of the Tea Party and other gatherings during the course of the campaign.

We also anticipate the ability to raise sufficient funds to sponsor both radio and television ads in key races nationally.

 

I want to thank Mr. Vessenes for taking time to speak with us and let you know that we’ll follow-up when the website is ready to launch!

Cross-posted from The Minority Report


What Would I Cut?


Everything. Are people going to start falling out in the streets if we eliminate Social Security and Medicare? Will people keel over if we get rid of the welfare state? Hell no so why is it so hard for Republicans and Democrats to name their cuts. My cuts of choice are pretty simple and straight forward: Time for the kiddies to grow up and its to rid this country of the welfare state. This debate goes on and on, president to president, and congress to congress. We’re all adults here guys we don’t need to lie in order to save our own butts. If I were running for office I would be straight with voters and tell them that the age of government is truly over. Not kind of sort of over, not over until a new congress and new president comes in, over period.

I’ve never had cashed a welfare check, used food stamps, medicare, or social security, and I can say with  confidence as a twenty three year old broke college student I would be no more or less off with a welfare check in my hand and a food stamp card than I am without one. Maybe its my belief in an enduring sense of self reliance and faith that I can work hard and turn my current situation around for the better, maybe its my belief that government is best served when its limited to its duties outlined by the constitution.

People say honest politicians can’t get elected because even if the people wanted more honesty from their elected officials they don’t really want honesty because at the end of the day it all boils down to how things affect their situation and whether or not they will be able to get theirs. Well, I’ve been pondering a possible run for office in 2014. My platform would focus on the brutality that is the truth. As the saying goes the truth hurts, no one wants to hear that they can’t play the saxophone, or that they do look fat in that dress, or that their breath smells like manure. But sometimes simple truth can do some significant good for a society and its people.

What’s the worse that could happen if we take incremental steps to eliminate social security, medicare, and medicaid, along with other entitlement programs. In a perfect world every person would be entitled to something but we don’t live in a perfect world and money doesn’t grow on trees. We’re promised nothing in life, not even another day living and breathing on this earth and yet we’ve gotten to a point where we just expect and expect and expect from our government mommy and when they don’t deliver exactly how we wanted it we throw tantrums and we complain like children. Ed Rendell was right when he said we’re a nation of wusses because we are too afraid of making the hard choices that will hurt us in the short run and help us in the long run, because we’re too focused on our own situation and what we want.

Just look at our friends in Europe where you have college students rioting because their tuition is being cut. In a few years the same thing will happen in America. We already have public sector unions and professional protesters picketing outside banks and in front of homes in foreclosure demanding government save them from the evil corporate boogeyman hiding in their closets.

They say we’re crazy for suggesting our government actually function within the boundaries of the constitution. Well maybe I am crazy for wanting a more fiscally stable country so that when I do decide to have children they inherit from me a more prosperous America. God forbid we start thinking of the next generation for a change. Man up America, grow some stones and start living within your means.