Posted by
peripheral on Friday, April 16, 2010 4:46:11 AM
From My Perspective - - -
The American Heritage New Dictionary of Cultural Literacy,
Third Edition defines Cadre as: “An elite or select group that forms
the core of an organization and is capable of training new members. The
Regular Dictionary states: “A tightly knit group of zealots who are
active in advancing the interests of a revolutionary party; A group
capable of forming, training, or leading an expanded organization, as a
religious or political faction, or a skilled work force…”
Having just passed April 15th and Financial Accountability as Income
Tax Forms were filled in and Taxes Paid, a reality is that with the
increasing numbers of people being beneficiaries of the Entitlement
Programs of our nation, fewer people are producing revenues to cover
the costs and benefits of the non-producers. Will there be enough money
available to cover the costs of the benefits and entitlements? An
insight into how monies will be secured to cover costs and expenditures
can be seen in the action of Argentina. On October 21, 2008 an article
appeared: “Argentina seizes pension funds to pay debts. Who's next?”
By Ambrose Evans-Pritchard Economics. It states: “Here is a warning to
us all. The Argentine state is taking control of the country’s
privately-managed pension funds in a drastic move to raise cash. Should
we worry about our pensions? It is a foretaste of what may happen
across the world as governments discover that tax revenue, and the bond
markets are unwilling to plug the gap…My fear is that governments in
the US, Britain, and Europe will display similar reflexes. The
forced-feeding of banks with fresh capital – whether they want it or
not – and the seizure of the Fannie/Freddie mortgage giants before they
were in fact in trouble (in order to prevent a Chinese buying strike of
US bonds and prevent a spike in US mortgage rates), shows that private
property can be co-opted – or eliminated – with little due process if
that is required to serve the collective welfare. This is a slippery
slope…”
Interestingly, there is already discussion of this possibility in our
own nation. Bloomberg reports: “The Obama administration is weighing
how the government can encourage workers to turn their savings into
guaranteed income streams following a collapse in retiree accounts when
the stock market plunged.The U.S. Treasury and Labor Departments will
ask for public comment as soon as next week on ways to promote the
conversion of 401(k) savings and Individual Retirement Accounts into
annuities or other steady payment streams, according to Assistant Labor
Secretary Phyllis C. Borzi and Deputy Assistant Treasury Secretary Mark
Iwry, who are spearheading the effort...There is “a tremendous amount
of interest in the White House” in retirement-security initiatives…A
bill requiring employers to report 401(k) savings both as an account
balance and as a stream of income based on an annuity was introduced on
Dec. 3, 2009 by Senators Jeff Bingaman, a New Mexico Democrat, Johnny
Isakson, a Georgia Republican, and Herb Kohl, a Wisconsin Democrat.
Sounds innocuous, right?” Wrong! This will be a seizure of funds and a
redistribution of wealth, long-term savings and investments, and
accumulated interest. Your private funds will no longer exist. Never
believe this is innocuous! Don’t be that naïve! It ignores personal
thrift and fiscal discipline so there can be an equal money-flow to
all.
Ironically, at this juncture and time when Prayer should be vital, a Headline reads: “Judge: National Day Of Prayer Unconstitutional”
April 15, 2010 by: Mike Levine “The National Day of Prayer, honored in
the United States for more than a half-century, is unconstitutional, a
federal judge in Wisconsin - U.S. District Judge Barbara Crabb said -
"the holiday violates the 'establishment clause' of the First
Amendment, which creates a separation of church and state.” The Judge
has missed Historical significance in her ruling, namely, “In 1775, as
the Continental Congress began the task of forging a new Nation,
colonists were asked to observe a day of quiet humiliation and
prayer…Almost a century later, as the flames of the Civil War burned
from north to south, President Lincoln and the Congress once again
asked the American people to pray as the fate of their Nation hung in
the balance." In Luke 18:1,
“Jesus told them a parable to the effect that they ought always to pray
and not lose heart.” Listen to Jesus! Consider these things with me!