Ziad K. Abdelnour's Blog, page 3
February 22, 2013
How far have we swayed from the 10 sacred Amendments of our Constitution?
While a lot of people talk about the loss of our Constitutional liberties, people usually speak in a vague, generalized manner … or focus on only one issue and ignore the rest.
What about the first 10 amendments to the United States Constitution? Here’s a scorecard for those of you who want to know
First Amendment
The 1st Amendment protects speech, religion, assembly and the press.
It is a fact that the government is arresting today those speaking out … and violently crushing peaceful assemblies which attempt to petition the government for redress. A federal judge found that the law allowing indefinite detention of Americans without due process has a “chilling effect on free speech”. The threat of being labeled a terrorist for exercising our First Amendment rights certainly violates the First Amendment. The government is using laws to crush dissent, and it’s gotten so bad that I am afraid even U.S. Supreme Court justices are saying that we are descending into tyranny.
Second Amendment
The 2nd Amendment states: A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.
Gun control and gun rights advocates obviously have very different views about whether guns are a force for violence or for good. But even a top liberal Constitutional law expert reluctantly admits that the right to own a gun is as important a Constitutional right as freedom of speech or religion. The gun control debate – including which weapons and magazines are banned – is still in flux …
Third Amendment
The 3rd Amendment prohibits the government forcing people to house soldiers.
No Soldier shall, in time of peace be quartered in any house, without the consent of the Owner, nor in time of war, but in a manner to be prescribed by law. Still honoring this Amendment. Score one for We the People!
Fourth Amendment
The 4th Amendment prevents unlawful search and seizure:
But the government is flying drones over the American homeland to spy on us. Many police departments are also using drones to spy on us. At least 13 state and local police agencies around the country have used drones in the field or in training, according to the Association for Unmanned Vehicle Systems International, an industry trade group. The Federal Aviation Administration has predicted that by the end of the decade, 30,000 commercial and government drones could be flying over U.S. skies. The latest.... Fox news notes that the government is today insisting that “black boxes” be installed in cars to track your location.
Fifth Amendment
The 5th Amendment addresses due process of law, eminent domain, double jeopardy and grand jury:
But the American government has shredded the 5th Amendment by subjecting us to indefinite detention and taking away our due process rights. The government claims the right to assassinate or indefinitely detain any American citizen on U.S. citizen without any due process. As such, the government is certainly depriving people of life, liberty, or property, without due process of law. There are additional corruptions of 5th Amendment rights – such as property being taken for private purposes. The percentage of prosecutions in which a defendant is denied a grand jury is difficult to gauge, as there is so much secrecy surrounding many terrorism trials. Protection against being tried twice for the same crime after being found innocent (“double jeopardy”) seems though to be intact.
Sixth Amendment
The 6th Amendment guarantees the right to hear the criminal charges levied against us and to be able to confront the witnesses who have testified against us, as well as speedy criminal trials, and a public defender for those who cannot hire an attorney:
Subjecting people to indefinite detention or assassination obviously violates the 6th Amendment right to a jury trial. In both cases, the defendants is “disposed of” without ever receiving a trial … and often without ever hearing the charges against them. More and more commonly, the government prosecutes cases based upon “secret evidence” that they don’t show to the defendant … or sometimes even the judge hearing the case. The government uses “secret evidence” to spy on Americans, prosecute leaking or terrorism charges (even against U.S. soldiers) and even assassinate people. Secret witnesses are being used in some cases. And sometimes lawyers are not even allowed to read their own briefs. Indeed, even the laws themselves are now starting to be kept secret. And it’s about to get a lot worse.
True – when defendants are afforded a jury trial – they are provided with assistance of counsel. However, the austerity caused by redistribution of wealth to the super-elite is causing severe budget cuts to the courts and the public defenders’ offices nationwide. Moreover, there are two systems of justice in America … one for the big banks and other fat cats, and one for everyone else. The government made it official policy not to prosecute fraud, even though fraud is the main business model adopted by Wall Street. Indeed, the biggest financial crime in world history, the largest insider trading scandal of all time, illegal raiding of customer accounts and blatant financing of drug cartels and terrorists have all been committed recently without any real criminal prosecution or jail time. On the other hand, government prosecutors are using the legal system to crush dissent and to silence whistleblowers. And some of the nation’s most powerful judges have lost their independence … and are in bed with the powers-that-be.
Seventh Amendment
The 7th Amendment guarantees trial by jury in federal court for civil cases:
In Suits at common law, where the value in controversy shall exceed twenty dollars, the right of trial by jury shall be preserved, and no fact tried by a jury, shall be otherwise re-examined in any Court of the United States, than according to the rules of the common law. As far as I know, this right is still being respected. However – as noted above – the austerity caused by redistribution of wealth to the super-elite is causing severe budget cuts to the courts, resulting in the wheels of justice slowing down considerably.
Eighth Amendment
The 8th Amendment prohibits cruel and unusual punishment:
Indefinite detention and assassination are obviously cruel and unusual punishment. The widespread system of torture carried out in the last 10 years – with the help of other countries –violates the 8th Amendment. Many want to bring it back … or at least justify its past use. While Justice Scalia disingenuously argues that torture does not constitute cruel and unusual punishment because it is meant to produce information – not punish – he’s wrong. It’s not only cruel and unusual … it is technically a form of terrorism. And government whistleblowers are being cruelly and unusually punished with unduly harsh sentences meant to intimidate anyone else from speaking out.
Ninth Amendment
The 9th Amendment provides that people have other rights, even if they aren’t specifically listed in the Constitution:
We can debate what our inherent rights as human beings are. I believe they include the right to a level playing field, and access to safe food and water. You may disagree. But everyone agrees that the government should not actively encourage fraud and manipulation. However, the government – through its malignant, symbiotic relation with big corporations – is interfering with our aspirations for economic freedom, safe food and water (instead of arsenic-laden, genetically engineered junk), freedom from undue health hazards such as irradiation due to government support of archaic nuclear power designs, and a level playing field (as opposed to our crony capitalist system in which the little guy has no shot due to redistribution of wealth from the middle class to the super-elite, and government support of white collar criminals). By working hand-in-glove with giant corporations to defraud us into paying for a lower quality of life, the government is trampling our basic rights as human beings.
Tenth Amendment
The 10th Amendment provides that powers not specifically given to the Federal government are reserved to the states or individual:
Two of the central principles of America’s Founding Fathers are: (1) The government is created and empowered with the consent of the people and (2) Separation of powers
It is a fact that most Americans today believe that the government is threatening – rather than protecting – freedom … and that it is no longer acting with the “consent of the governed”. And the federal government is trampling the separation of powers by stepping on the toes of the states and the people. For example, former head S&L prosecutor Bill Black – now a professor of law and economics – notes: “The Federal Reserve Bank of New York and the resident examiners and regional staff of the Office of the Comptroller of the Currency [both] competed to weaken federal regulation and aggressively used the preemption doctrine to try to prevent state investigations of and actions against fraudulent mortgage lenders”.
Indeed, the federal government is doing everything it can to stick its nose into every aspect of our lives … and act like Big Brother.
While a few of the liberties enshrined in the Bill of Rights still exist, the overall scorecard of the government’s respect for our freedom is I am afraid a dismally failing grade.
What about the first 10 amendments to the United States Constitution? Here’s a scorecard for those of you who want to know
First Amendment
The 1st Amendment protects speech, religion, assembly and the press.
It is a fact that the government is arresting today those speaking out … and violently crushing peaceful assemblies which attempt to petition the government for redress. A federal judge found that the law allowing indefinite detention of Americans without due process has a “chilling effect on free speech”. The threat of being labeled a terrorist for exercising our First Amendment rights certainly violates the First Amendment. The government is using laws to crush dissent, and it’s gotten so bad that I am afraid even U.S. Supreme Court justices are saying that we are descending into tyranny.
Second Amendment
The 2nd Amendment states: A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.
Gun control and gun rights advocates obviously have very different views about whether guns are a force for violence or for good. But even a top liberal Constitutional law expert reluctantly admits that the right to own a gun is as important a Constitutional right as freedom of speech or religion. The gun control debate – including which weapons and magazines are banned – is still in flux …
Third Amendment
The 3rd Amendment prohibits the government forcing people to house soldiers.
No Soldier shall, in time of peace be quartered in any house, without the consent of the Owner, nor in time of war, but in a manner to be prescribed by law. Still honoring this Amendment. Score one for We the People!
Fourth Amendment
The 4th Amendment prevents unlawful search and seizure:
But the government is flying drones over the American homeland to spy on us. Many police departments are also using drones to spy on us. At least 13 state and local police agencies around the country have used drones in the field or in training, according to the Association for Unmanned Vehicle Systems International, an industry trade group. The Federal Aviation Administration has predicted that by the end of the decade, 30,000 commercial and government drones could be flying over U.S. skies. The latest.... Fox news notes that the government is today insisting that “black boxes” be installed in cars to track your location.
Fifth Amendment
The 5th Amendment addresses due process of law, eminent domain, double jeopardy and grand jury:
But the American government has shredded the 5th Amendment by subjecting us to indefinite detention and taking away our due process rights. The government claims the right to assassinate or indefinitely detain any American citizen on U.S. citizen without any due process. As such, the government is certainly depriving people of life, liberty, or property, without due process of law. There are additional corruptions of 5th Amendment rights – such as property being taken for private purposes. The percentage of prosecutions in which a defendant is denied a grand jury is difficult to gauge, as there is so much secrecy surrounding many terrorism trials. Protection against being tried twice for the same crime after being found innocent (“double jeopardy”) seems though to be intact.
Sixth Amendment
The 6th Amendment guarantees the right to hear the criminal charges levied against us and to be able to confront the witnesses who have testified against us, as well as speedy criminal trials, and a public defender for those who cannot hire an attorney:
Subjecting people to indefinite detention or assassination obviously violates the 6th Amendment right to a jury trial. In both cases, the defendants is “disposed of” without ever receiving a trial … and often without ever hearing the charges against them. More and more commonly, the government prosecutes cases based upon “secret evidence” that they don’t show to the defendant … or sometimes even the judge hearing the case. The government uses “secret evidence” to spy on Americans, prosecute leaking or terrorism charges (even against U.S. soldiers) and even assassinate people. Secret witnesses are being used in some cases. And sometimes lawyers are not even allowed to read their own briefs. Indeed, even the laws themselves are now starting to be kept secret. And it’s about to get a lot worse.
True – when defendants are afforded a jury trial – they are provided with assistance of counsel. However, the austerity caused by redistribution of wealth to the super-elite is causing severe budget cuts to the courts and the public defenders’ offices nationwide. Moreover, there are two systems of justice in America … one for the big banks and other fat cats, and one for everyone else. The government made it official policy not to prosecute fraud, even though fraud is the main business model adopted by Wall Street. Indeed, the biggest financial crime in world history, the largest insider trading scandal of all time, illegal raiding of customer accounts and blatant financing of drug cartels and terrorists have all been committed recently without any real criminal prosecution or jail time. On the other hand, government prosecutors are using the legal system to crush dissent and to silence whistleblowers. And some of the nation’s most powerful judges have lost their independence … and are in bed with the powers-that-be.
Seventh Amendment
The 7th Amendment guarantees trial by jury in federal court for civil cases:
In Suits at common law, where the value in controversy shall exceed twenty dollars, the right of trial by jury shall be preserved, and no fact tried by a jury, shall be otherwise re-examined in any Court of the United States, than according to the rules of the common law. As far as I know, this right is still being respected. However – as noted above – the austerity caused by redistribution of wealth to the super-elite is causing severe budget cuts to the courts, resulting in the wheels of justice slowing down considerably.
Eighth Amendment
The 8th Amendment prohibits cruel and unusual punishment:
Indefinite detention and assassination are obviously cruel and unusual punishment. The widespread system of torture carried out in the last 10 years – with the help of other countries –violates the 8th Amendment. Many want to bring it back … or at least justify its past use. While Justice Scalia disingenuously argues that torture does not constitute cruel and unusual punishment because it is meant to produce information – not punish – he’s wrong. It’s not only cruel and unusual … it is technically a form of terrorism. And government whistleblowers are being cruelly and unusually punished with unduly harsh sentences meant to intimidate anyone else from speaking out.
Ninth Amendment
The 9th Amendment provides that people have other rights, even if they aren’t specifically listed in the Constitution:
We can debate what our inherent rights as human beings are. I believe they include the right to a level playing field, and access to safe food and water. You may disagree. But everyone agrees that the government should not actively encourage fraud and manipulation. However, the government – through its malignant, symbiotic relation with big corporations – is interfering with our aspirations for economic freedom, safe food and water (instead of arsenic-laden, genetically engineered junk), freedom from undue health hazards such as irradiation due to government support of archaic nuclear power designs, and a level playing field (as opposed to our crony capitalist system in which the little guy has no shot due to redistribution of wealth from the middle class to the super-elite, and government support of white collar criminals). By working hand-in-glove with giant corporations to defraud us into paying for a lower quality of life, the government is trampling our basic rights as human beings.
Tenth Amendment
The 10th Amendment provides that powers not specifically given to the Federal government are reserved to the states or individual:
Two of the central principles of America’s Founding Fathers are: (1) The government is created and empowered with the consent of the people and (2) Separation of powers
It is a fact that most Americans today believe that the government is threatening – rather than protecting – freedom … and that it is no longer acting with the “consent of the governed”. And the federal government is trampling the separation of powers by stepping on the toes of the states and the people. For example, former head S&L prosecutor Bill Black – now a professor of law and economics – notes: “The Federal Reserve Bank of New York and the resident examiners and regional staff of the Office of the Comptroller of the Currency [both] competed to weaken federal regulation and aggressively used the preemption doctrine to try to prevent state investigations of and actions against fraudulent mortgage lenders”.
Indeed, the federal government is doing everything it can to stick its nose into every aspect of our lives … and act like Big Brother.
While a few of the liberties enshrined in the Bill of Rights still exist, the overall scorecard of the government’s respect for our freedom is I am afraid a dismally failing grade.
February 15, 2013
The hard cold facts about building businesses
I love those naive entrepreneurs who keep approaching me every single day with a zillion business plans thinking that their “pathetic idea” is so special they are going to change the world.
Maybe this would wake them up for a change and make them realize before dreaming about mansions in the Bahamas and private planes that:
1. The world is full of ideas and dreamers going nowhere.... Unless your idea is “real dangerous” , do yourself a huge favor and stop wasting your time and other people’s time bugging everyone with nonsense...It is a fact that 99% of the ideas out there are the most boring you can fathom hence the incredibly high rate of failure in startups. If you are no “game changer”, get out of the way cause you are going nowhere but into oblivion. Just a question of time.
2. An entrepreneur without funding is a musician without an instrument... So unless you have a real smart backer behind you or have accumulated enough funds to kick real ass and disrupt the status quo, do yourself another real big favor and stick to your job or at least do a better job preparing yourself before going to war... cause this is WAR.
3. If you haven’t already delivered at least one or a critical mass of customers for your new business, no smart money will fund you unless you’re dealing with an angel investor idiot who’s even more stupid than you are and who in the longer term will bail out and leave you hanging dry with more liabilities and most probably endless lawsuits.
4. No matter what your parents or friends told you, there is nothing special about you until you prove so by your deeds and action not your feeling of self worth. No one cares what you do or gives a hoot of who you are until you show you can execute.
This is from a veteran financier who financed over 125 transactions in his career worth in aggregate over $10 billion.
And this is just for a starter...You want the full story ? Start reading my book at http://www.amazon.com/Secrets-Economi... and save yourself all the crap you’ve learned so far as to building a business and creating “obscene wealth”.
You can still achieve whatever you dream of .... but only if you first get to know who you are..... Most people unfortunately are in such a state of “denial” they don’t even know who they are.
Time to wake up.
Have a nice day
Maybe this would wake them up for a change and make them realize before dreaming about mansions in the Bahamas and private planes that:
1. The world is full of ideas and dreamers going nowhere.... Unless your idea is “real dangerous” , do yourself a huge favor and stop wasting your time and other people’s time bugging everyone with nonsense...It is a fact that 99% of the ideas out there are the most boring you can fathom hence the incredibly high rate of failure in startups. If you are no “game changer”, get out of the way cause you are going nowhere but into oblivion. Just a question of time.
2. An entrepreneur without funding is a musician without an instrument... So unless you have a real smart backer behind you or have accumulated enough funds to kick real ass and disrupt the status quo, do yourself another real big favor and stick to your job or at least do a better job preparing yourself before going to war... cause this is WAR.
3. If you haven’t already delivered at least one or a critical mass of customers for your new business, no smart money will fund you unless you’re dealing with an angel investor idiot who’s even more stupid than you are and who in the longer term will bail out and leave you hanging dry with more liabilities and most probably endless lawsuits.
4. No matter what your parents or friends told you, there is nothing special about you until you prove so by your deeds and action not your feeling of self worth. No one cares what you do or gives a hoot of who you are until you show you can execute.
This is from a veteran financier who financed over 125 transactions in his career worth in aggregate over $10 billion.
And this is just for a starter...You want the full story ? Start reading my book at http://www.amazon.com/Secrets-Economi... and save yourself all the crap you’ve learned so far as to building a business and creating “obscene wealth”.
You can still achieve whatever you dream of .... but only if you first get to know who you are..... Most people unfortunately are in such a state of “denial” they don’t even know who they are.
Time to wake up.
Have a nice day
February 6, 2013
How stupid does the media think we really are?
I woke up this past Saturday morning and accessed my media channels to find out that all was well. An Associated Press article declared a healthy jobs market, fantastic auto sales, a surging housing market, and a stock market rocketing to new all-time highs. What’s not to love? If the mainstream media says the economy is as good as new, it must be so. Why should we let facts get in the way of a good storyline? The stock market has surged to 2007 highs, so the country’s employment situation must be strong.
The S&P 500 has regained almost all its losses since October 2007 as Bernanke and Washington politicians chose to save Wall Street and screw over Main Street. The working age population has risen by 12.8 million since 2007 and there are 4 million less Americans employed.
I guess facts do not cease to exist because they are ignored.... The December Household Survey from the BLS being touted by the mainstream media as proof of a jobs recovery told a slightly different story:
The number of unemployed Americans went up by 126,000 in one month
Another 169,000 Americans left the workforce evidently because their stock market gains made them wealthy.
There are 250,000 more Americans unemployed than there were in September 2012.
There are 6,000 less Americans employed than there were in October 2012.
The unemployment rate reported to the masses went up to 7.9% (the true rate reached 23%).
This is just the picture over the last few months. The picture since 2007 is beyond horrific, as more than 10 million Americans have left the workforce. Everyone knows people willingly leave the labor force when the economy crashes and their net worth is reduced by 30%. Who needs a paying job then? Just because there are 101 million working age Americans not working and the labor participation rate of 63.6% is at a three decade low, certainly doesn’t mean we aren’t experiencing a tremendous jobs recovery, according to the mainstream media.
The deep thinkers and bullshit artists at CNBC, Fox, CNN and the rest of the captured corporate status quo mouthpieces, propagate the false storyline that the reason for Americans leaving the workforce is Baby Boomers retiring. Considering the average Boomer has $90,000 of total savings and 28% of them have less than $1,000 saved, I suspect there are few willingly leaving the workforce. The Boomers have taken on 4 million additional jobs since the low point in 2009, while the 16 to 54 year olds have lost an additional 2.9 million jobs. Does this reflect a strengthening jobs market? Does the fact that real hourly wages have fallen for the last two years reflect an improving labor market?
Inquiring minds might wonder how auto sales could be booming when there are 4 million less employed Americans and real wages are falling. Of course, mainstream media moron journalists aren’t paid to inquire, think critically, or even think at all. They are paid to regurgitate propaganda designed to keep the masses sedated and ignorant. The “fabulous” rebound in auto sales has been buoyed by the return of easy money lending, even to deadbeat borrowers with lousy credit histories. There is a reason the Federal government hasn’t attempted to spin off their 80% control of Ally Financial (aka GMAC, Ditech, Rescap). The Feds are attempting to manufacture a recovery by doling out subprime auto loans to anyone who can scratch an X on a loan document and offering 0% loans over 7 years to good credits. How exactly does a finance company generate a profit by making 0% loans for seven years and approving loans to people with no means of paying them back? Experian recently noted that 44% of ALL auto loans have been to subprime borrowers over the last year. When a financing company doesn’t have to worry about profits or loan losses, everyone gets a Cadillac Escalade. The losses on these subprime loans will be in the billions when the next leg down in this Crisis hits.
The taxpayer will unknowingly pick up the tab, just as they have been doing for the last five years. The trend in this is nothing but a Federal government induced fraud.
Welcome to the Age of disinformation and utter stupidity.
The S&P 500 has regained almost all its losses since October 2007 as Bernanke and Washington politicians chose to save Wall Street and screw over Main Street. The working age population has risen by 12.8 million since 2007 and there are 4 million less Americans employed.
I guess facts do not cease to exist because they are ignored.... The December Household Survey from the BLS being touted by the mainstream media as proof of a jobs recovery told a slightly different story:
The number of unemployed Americans went up by 126,000 in one month
Another 169,000 Americans left the workforce evidently because their stock market gains made them wealthy.
There are 250,000 more Americans unemployed than there were in September 2012.
There are 6,000 less Americans employed than there were in October 2012.
The unemployment rate reported to the masses went up to 7.9% (the true rate reached 23%).
This is just the picture over the last few months. The picture since 2007 is beyond horrific, as more than 10 million Americans have left the workforce. Everyone knows people willingly leave the labor force when the economy crashes and their net worth is reduced by 30%. Who needs a paying job then? Just because there are 101 million working age Americans not working and the labor participation rate of 63.6% is at a three decade low, certainly doesn’t mean we aren’t experiencing a tremendous jobs recovery, according to the mainstream media.
The deep thinkers and bullshit artists at CNBC, Fox, CNN and the rest of the captured corporate status quo mouthpieces, propagate the false storyline that the reason for Americans leaving the workforce is Baby Boomers retiring. Considering the average Boomer has $90,000 of total savings and 28% of them have less than $1,000 saved, I suspect there are few willingly leaving the workforce. The Boomers have taken on 4 million additional jobs since the low point in 2009, while the 16 to 54 year olds have lost an additional 2.9 million jobs. Does this reflect a strengthening jobs market? Does the fact that real hourly wages have fallen for the last two years reflect an improving labor market?
Inquiring minds might wonder how auto sales could be booming when there are 4 million less employed Americans and real wages are falling. Of course, mainstream media moron journalists aren’t paid to inquire, think critically, or even think at all. They are paid to regurgitate propaganda designed to keep the masses sedated and ignorant. The “fabulous” rebound in auto sales has been buoyed by the return of easy money lending, even to deadbeat borrowers with lousy credit histories. There is a reason the Federal government hasn’t attempted to spin off their 80% control of Ally Financial (aka GMAC, Ditech, Rescap). The Feds are attempting to manufacture a recovery by doling out subprime auto loans to anyone who can scratch an X on a loan document and offering 0% loans over 7 years to good credits. How exactly does a finance company generate a profit by making 0% loans for seven years and approving loans to people with no means of paying them back? Experian recently noted that 44% of ALL auto loans have been to subprime borrowers over the last year. When a financing company doesn’t have to worry about profits or loan losses, everyone gets a Cadillac Escalade. The losses on these subprime loans will be in the billions when the next leg down in this Crisis hits.
The taxpayer will unknowingly pick up the tab, just as they have been doing for the last five years. The trend in this is nothing but a Federal government induced fraud.
Welcome to the Age of disinformation and utter stupidity.
January 30, 2013
January 23, 2013
Economic Warfare Trailer Video Channel
So you wanna see my words into action folks?
Check out my trailer video channel at http://www.youtube.com/user/TheEconom... and enjoy the show
Much is borrowed from my book "Economic Warfare" http://www.amazon.com/Secrets-Economi...
Your comments are as always greatly appreciated
Cheers
Check out my trailer video channel at http://www.youtube.com/user/TheEconom... and enjoy the show
Much is borrowed from my book "Economic Warfare" http://www.amazon.com/Secrets-Economi...
Your comments are as always greatly appreciated
Cheers
January 22, 2013
Living Outside the Cube
Have you ever wondered what does it take to really succeed against all odds?
Listen to this http://livingoutsidethecube.com/?p=138 and share your thoughts
I don't believe you hear this every day.
Much is borrowed from my book "Economic Warfare" http://www.amazon.com/Secrets-Economi...
Cheers
Listen to this http://livingoutsidethecube.com/?p=138 and share your thoughts
I don't believe you hear this every day.
Much is borrowed from my book "Economic Warfare" http://www.amazon.com/Secrets-Economi...
Cheers
