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The Cartel

Submitted by Roanman on Thu, 05/13/2010 - 06:02


Here in southeastern Michigan, we always assume it only goes on in Detroit.

To be perfectly honest about it, we assume it always goes on in Detroit.

In our defense, we have beau coup evidence.

But ..... we couldn't be more wrong.

About it just going on in Detroit, we're not even a little bit wrong about it always going on in Detroit.

Here are two recent examples totaling just under $2,500,000 of fraud and theft by employees of the school district in which I happen to reside.


Richard Zaranek a former Chippewa Valley elementary school principal was sentenced to 31 months in prison for embezzling $399,691 from the school's child care and parent-teacher programs from 1996 to 2003. 

Zaranek a resident of Grosse Pointe Farms Michigan, siphoned funds from Cherokee's latchkey program and Parent Teacher Organization partly by persuading parents to let him handle the money.


He created phony paperwork to account for the funds and left enough money in the programs to avoid suspicion.


Zaranek also took school property - a tractor, a lawn mower, gym equipment, mountain-climbing equipment, a computer and a puppet theater.


The lawn equipment was found at his cottage in Hillman, Michigan.


Other items were said to be found at his home and at his brother's residence.



James Tague a former executive director of support services for Chippewa Valley Schools cheated Chippewa Valley Schools out of more than $2 million by inflating furniture bids through a company he secretly owned.

Tague pleaded guilty to charges of fraud.

The U.S. Attorney's Office said Tague worked out a scheme where companies he owned would bid on school furniture for the district and sell the merchandise at a huge profit to the school district.


 The following trailer is for a movie that is likely to be ignored.

It needs to be seen ...... everywhere.

People in my community are attempting to bring it to town.

And since I now have a national readership.

That would be about one reader in each of the fifty states.

I'm reaching out and encouraging everybody to make a small effort toward bringing this film to your town.

The Cartel


R.E. McMaster has a question and a thought for Mother's Day

Submitted by Roanman on Mon, 05/10/2010 - 06:11


I have a question:

How does all this massive amount of legislation, hundreds and hundreds if not thousands of pages, which common sense tells us takes months if not years to draft, magically appear overnight right after a crisis, like the Patriot Acts, Obamacare, and the new onerous financial regulations?

Gosh, a skeptic would think that such is crafted well ahead of time behind the scene.

Plus, no politician has or takes the time to read all this legislation.

The politicians blindly just vote.

Is it like the sheeple are being deliberated herded toward the slaughter works, a place that is clearly contrary to their own best interest long-term?

The Gaia, Mother Earth, New Age, collectivist philosophy of the ruling elite is that “humanity is dandruff that needs to be cleansed from the scalp of Mother Earth.”

The masses in Euroland, the US, the UK, Japan and China are starting to seriously question the legitimacy of their political leadership.

Such historically has preceded an economic and politically distracting war.

Historically, mankind gets into trouble when it buys into the earth-based collectivist philosophy as opposed to the Creator-based individualistic philosophy.

So, love your real mother this Mother’s Day!

The Powers That Be (PTB) are fast running out of slick rhetoric, empty promises, zero interest rates, and endless bailouts for their cronies.

Our concern should be that next comes inflation, more tyrannical controls, loss of freedom, and war.

Desperate men, addicted to power, do desperate things.

 Cheerfull bastard ain't he.

Peggy Noonan says it all

Submitted by Roanman on Mon, 05/03/2010 - 16:31

Terry read the whole thing

Submitted by Roanman on Wed, 04/28/2010 - 06:55


I'll admit it.

I didn't read the entire page about Ponzi Schemes at the SEC site.

Feeling quite satisfied with myself, I quit reading where the post ended.

My friend Terry, anal puppy that he is, read every word and came up with the following.


What are some Ponzi scheme �red flags�?

Many Ponzi schemes share common characteristics. Look for these warning signs:

High investment returns with little or no risk. Every investment carries some degree of risk, and investments yielding higher returns typically involve more risk.

Be highly suspicious of any �guaranteed� investment opportunity.


Thanks to Terry for a very nice pickup.



To quote Allen W. Smith Ph.D.

Submitted by Roanman on Mon, 04/26/2010 - 15:12


Among the really good reasons to troll The Heritage Foundation site is that only really, really smart people troll The Heritage Foundation site.

The following quote shows up in the comments of a piece titled "Americans Have Every Reason to Doubt Social Security Solvency"


"The hard fact is that every dime of the $2.5 trillion in surplus Social Security revenue, generated by the 1983 payroll tax hike, has been spent on wars and other government programs.

Every month, for the past 25 years, the total receipts from the payroll tax have been split two ways.

First, benefits for current retirees are paid from the Social Security revenue.

Then, all remaining Social Security revenue, not needed to pay that month’s benefits, are deposited into the general fund and become indistinguishable from other general fund revenue."


Can you say Ponzi Scheme?


$200 Million per

Submitted by Roanman on Sat, 04/10/2010 - 12:05

The Guidotti-Greenspan Rule

Submitted by Roanman on Mon, 04/05/2010 - 10:09


The Guidotti-Greenspan Rule

Named for Pablo Guidotti, former deputy minister of finance for Argentina (that bastion of resposibility in national financing), and Alan Greenspan, increasingly discredited former chairman of the Federal Reserve Board of the United States (that other bastion of responsibility in national financing)

States that a countries financial reserves should equal short-term external debt (one-year or less maturity), implying a ratio of reserves-to-short term debt of 1.

The rationale here, is that countries should have enough reserves to resist a massive withdrawal of short term foreign capital.

The U.S. holds gold, oil, and foreign currencies in reserve.

The U.S. has 8,133.5 metric tonnes of gold (supposedly, ain't nobody counted it in generations).

It is the world's largest holder (supposedly, ..... ).

That's 16,267,000 pounds (at the risk of redundancy ....... ).

At about $1,100 per oz. or $17,600 per pound, it's worth just under $300 billion (you know ..... ).

The U.S. strategic petroleum reserve shows a current total position of 725 million barrels of oil.

At about $80 per barrel, that's roughly $58 billion.

And according to the IMF, the U.S. has $136 billion in foreign currency reserves.

So altogether... that's around $500 billion of reserves.

Now, consider this .............

Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt.

That's not counting any additional deficit spending, maybe another $1.5 trillion ..... ish.

Add it up and you get $3.5 trillion ..... or so, a trillion here a trillion there, pretty soon you're talking about real money.

That would be about 30% of our entire GDP.

Where do you think that money is gonna come from?

They're gonna print it.

Or snatch your IRA.

If not both.


The above was taken almost in it's entirety (with the exception of the bitter and/or sarcastic comments usually written with type just about this big) from a Porter Stansbury article that was all over the place most of this past fall.

It appears here, here, here  and there, but originated here  (somewhere).




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