First of all, I am not pro-Hamas. I am pro-American and I am pro-George Washington’s viewpoint on foreign interactions. This means I want to be friends with as many as I can be and NOT interfere with the affairs going on in other countries. In short, leave the USA alone and we’ll leave you alone.

Having said that, I understand the USA has been very interventionist over the past century.  This is primarily based in the desire for global government and using the USA to strong arm other nations into submitting to a global government. That is what is behind Climate Change should you care to read the United Nations documents.

1. So after we have shipped our war materiel around the world, from Iraq to Afghanistan to Ukraine and other places, the Pentagon states it has a limited amount of weaponry left in its arsenal.

This makes it a great time for terrorist organizations as well as a wonderful time for Russia and China. Why? The USA has little ability to wage war on those who would threaten our friends around the globe, be it Taiwan or Israel or elsewhere.

In fact, the USA has allowed so many of unknown origin to invade the country over the past 20-30 years we don’t know who they are, where they are and where their loyalties lie. In short, the USA has openly welcomed a Trojan Horse with 30 million people inside into many of our cities.

The only defense left to Americans are our personal weaponry which the 2^nd Amendment guarantees is our defense against enemies, both foreign and domestic.

Am I advocating war? Not at all. Personally I believe the country has the ability to deport those who wish us harm as well as those who would knowingly or unknowingly spread disease and crime.

Don’t you think it’s time to design a way to prosper yourself and your loved ones should the USA continue its march off the proverbial cliff? I do. That’s why I wrote a book entitled Prospering in a Socialist Society, available at https://TedLeithart.com/prospering-in-a-socialist-society/

Go there NOW to add to your arsenal of tools to protect yourself and thrive, even when you are living in a country run by despots.

Edmund Burke once said, “The only thing necessary for the triumph of evil is for good men to do nothing.”

I can hear some of you arguing, but Edmund Burke didn’t say this…

It doesn’t matter. WHOEVER said this was right on the money.

Good men can be found all over the place. Unfortunately, most good men (and good women) are only interested in what is good, not what is best.

Oh, crap. I can hear the clicks now with the unfriending and the unsubscribing. But allow me to explain myself before you dump me permanently.

You are doing a number of good things, such as helping the kids (or possibly grand-children) do well in sports, in school, in social activities, in theatre and in a number of other ways. And these are all good things.

Unless we get into the nitty gritty of what specifically is going on in each of these areas to an nth degree, not a thing wrong with this at all.

But is it the best?

If you are not working with the kids or grand-kids (or maybe both) to build character, to build ethics and integrity, underpinned by a moral foundation, is it the best?

If you are not working against forces which would destroy your children or grand-kids, forces which teach there is no moral foundation and it is all up to them to make decisions that work for them; forces which demoralize children and break their spirit in their formative years, is it the best?

Recently Tucker Carlson commented “The system is collapsing in real time. If Americans don’t step in and stop the factors we can control, we have no one but ourselves to blame.”

And I would agree.

Is it not better to step in and stop the factors we can control than attend every kid and grand-kid function?

Yes, they do grow up fast. And if we didn’t have time to spend with them because we had our own events to attend, we were working massive hours to attain a financial status which may not even survive until your death, then shame on you and us.

But if we are meeting to stand against this onslaught against the best nation in the history of the world, so its values and ethics can be cherished not only by another generation or two here in America, but throughout the world, was it worth it?

My answer is YES.

Arm yourself as well as your loved ones with the best ammo out there – applied knowledge, available in my book Prospering in a Socialist Society, which is found exclusively at https://TedLeithart.com/prospering-in-a-socialist-society/

My Dad asked me to attend a weekend symposium in Washington DC in January 1989. I do not recall if it was the last days of Reagan’s time in office or the beginning of H.W’s Administration, but I digress.

Anyway, a few days before we were to travel, Dad called and told me he had to stay home and my brother would be joining me. We spent the next few days listening to speakers and attending various events. My brother decided it was time to defrag (was this even a term in 1989) as he suggested taking a walk on the Washington Mall.

So we did. We slowly wandered our way from the Capitol to the Washington Monument while speaking about the symposium and the speakers.

It became apparent during our conversation that Republicans were pro-socialist as well, although they wanted socialist-lite while being in the majority of the Representatives on Capitol Hill.

Should you think of it, there had been a recent election of George HW Bush. I knew of the Bush family years before George HW ran for President, so I did the right thing in November 1988.

I voted third party.

In fact, I did vote for either side of the Uniparty from 1984 until 2016. And in the upcoming election to determine who will lead the Uniparty with its socialist ideology, I will most likely vote third party (or truly, it would be voting for a second party).

Here it was, the Berlin Wall still standing, with Reagan’s demand ‘Mr. Gorbachev, tear down this wall’ still ringing in our ears, that I walked away from the seemingly conservative political party.

I keep hearing about America waking up yet I still see CRT in the schools, the lie of Climate Change killing capitalism throughout the world, a defenseless border allowing the USA to be invaded (and thus, killing any homogeneity of the American race) and more. I still see the government pursuing tyranny as much as Sleepy Joe pursues underage girls…

Which makes me ask – don’t you think you should understand how to provide for yourself, your family and your friends even should you be living in a tyrannical society? My book, Prospering in a Socialist Society, does exactly that. It’s found exclusively at https://TedLeithart.com/prospering-in-a-socialist-society/

Better yet, get several copies so your friends and family can be in a prosperous way as well.

It’s time to sing a song of praise
You see, America is going through a phase
She’s lost her way in history’s maze

For a long time Lady Liberty knew what home was
Pilgrim’s Progress, The Declaration and Constitution were the major buzz
Beginning in 1620 and continuing through the 1980s

But when Ronnie left his Home on the Potomac
The Bushes, Clintons, Obamas and Bidens were straws which nearly broke her back
You see, globalists and un-American ideology are like a manure-filled sack
While you may not like it, these are the fac’s

But it began before George H W entered Miss Liberty’s house
Prescott, Woodrow, Franklin and Teddy helped lead the way
The answer lies not in Washington although many believe it may
No, follow the Lady’s founding documents if you want freedom to stay

Me. You. We as individuals
United as one to stand for each other
Built a government protecting our God-given inalienable rights, we stand as brothers
Pledging our lives and our sacred honor
This is what makes Lady Liberty our common mother

After 5000 years that it took to form this more perfect union, it’s not open for debate
Rewriting our Constitution so that we may restate
What we think is lacking.

The answer is not more law
The answer already written law
It’s concise and near to being without flaw
The answer is found very near the Washington Mall

You act like the Declaration and the Constitution are God’s law
They are not, but these documents are based on that law
Written in what some call ‘the Book of Life’
With that book and taking Lady Liberty as wife
Will continue to lead us toward that more perfect union.

Several years ago I took dance lessons from Fred Astaire Dance Studios. I learned the Rumba, the Cha-Cha, the Swing, the West Coast Swing, the Foxtrot and others.

While taking these lessons, I met my wife who was taking lessons from an independent instructor. One of the teachers at this studio was an internationally known latin dancer (and later marketed their own set of dance courses).

So I had quite a repertoire during this time.

I went dancing with several people other than my wife at the time. We visited dance clubs, other studios, Dick Clark’s Dance Clubs and more.

Basically, for about three years, if I wasn’t working and my son wasn’t visiting, I was dancing.

And I got married.

After a couple of years together, we decided to renew our dance steps and upgrade them. We met a former dance instructor who was teaching independently. This made it much more affordable compared to studio pricing.

Our new instructor kept referring to a dance move called ripping steel. Since he had an engineering and technical background, I didn’t know how to relate dancing to ripping steel. And then he explained it to me.

“It’s not rippin’ steel. It’s rip and steal.

“You know, you’re flying on an airplane, glancing at one of their magazines and you come across an article or an ad you are really intrigued by. So you ‘rip and steal’ it.”

“How does that apply to dancing?” I asked.

“Most studios will teach you movements for each dance and make you remember the steps to each specific dance. I do it differently. If a step from swing fits into what you are doing in a rumba, you ‘rip and steal’ the swing movement and make it part of your rumba dance.”

“Rip and Steal!”

All of a sudden, the number of moves and steps I had went from a few steps for each type of dance, which most people keep doing over and over again to dozens and dozens of steps, incorporating steps from several different dances into your current song.

Here’s a good example of how it works. I recently came across a video of a couple dancing, They were picked out of the crowd to dance an impromptu dance based on the song the DJ decided to play. The Macarena. Rather than doing the steps everyone knows, they put together a dance that was 80% non-Macarena on a moment’s notice, making the dance their own.

As you go through life, you too will learn to ‘rip and steal’ in order to make beautiful music in your life. This will always lead to your prospering. And one place you can learn to ‘rip and steal’ in our seemingly tyrannical world is by studying Prospering in a Socialist Society, found exclusively at https://TedLeithart.com/prospering-in-a-socialist-society/

What’s the big deal about the government shutdown? Why the debate over funding Ukraine and not having the money to do so?

After all, Rep. Alexandria Ocasio-Cortez believes such programs such as the Green New Deal can be funded using Modern Monetary Theory, which holds that a country with its own currency can spend almost unlimited sums of money. While government spending is normally financed by either taxes or borrowing, MMT suggests that governments can also do this by simply creating money.

If this is the case, there should be no monetary problem for anyone at any time. All you have to do should you get into a financial difficulty is create more money.

I can hear you now, accusing me of counterfeiting. But wait…

I don’t have the money to purchase the new Alfa Romeo Guilia I want. So I go to my bank, tell them I want some money to purchase a new Alfa Romeo. My bankers draw up some papers, I sign them and I have a new Alfa a few days later.

Do I intend on paying back the bank? Not on your life – after all, if the United States government can borrow money with no intention or plan of how to pay it back, and until recently, our government had a AAA+ rating internationally, I don’t see how I am any different.

Should I continue to borrow money from the bank for another car, a house, a motorcycle, a much needed vacation and so on, the bank may tell me at some point I reached my credit limit.

My response is – “Please explain this to me.” So my banker sits down with me and says “You’ve maxed out your credit as you cannot afford to make additional payments on things than you are currently, so you cannot borrow anymore.”

To which I reply, “Show me how I am doing anything differently than our government is doing.” After hemming and hawing for a while, my banker confessed “You aren’t selling any bonds to create the cashflow to pay your loans.” So I print up some pieces of paper, call them bonds and start selling them.

Amazingly, the bank says well done and loans me additional money. Now the bonds have no value before I said they did, but as long as I am willing to pay the interest on the bonds when they mature, how is that different?

It’s no different. You see, the government has no money in the bank, so it borrows from the Federal Reserve. Now where did the money come from at the Federal Reserve? It was created the moment the government requested the Fed to create more.

Now the government plans on paying back the Fed with interest by selling Treasury bonds. Unfortunately, the only entity buying Treasury bonds for the past several years is the Federal Reserve.

So the entity that creates the money to loan to the government is buying the government debt. Thus they are getting interest from the original loan which created the money and also through the interest on the Treasury bonds.

I guess AOC was right. We can print up as much money as we need.

Tyranny is defined as an unjust or oppressive governmental power. Taking something of no value, putting green ink on it and telling everyone you can exchange it for any good or service you desire is unjust as there is no intrinsic value behind the green somethings. In short, you are living in a tyrannical society.

And therefore, you need to understand how to prosper in such a society. You can easily by going to https://TedLeithart.com/prospering-in-a-socialist-society/ and downloading my book.

Earlier today, Hillary Clinton commented “I fear that the Russians have proved themselves to be quite adept at interfering. And if he has a chance, he’ll do it again.”

Additionally, Ms. Clinton insisted that the United States is heading toward fascism. “We have to reject authoritarianism, we have to reject a kind of creeping fascism, almost, of people who are really ready to turn over their thinking, their votes, to wannabe dictators. And we can’t allow that to proceed.”

Hillary’s comments today made me wonder where she has been the past three years. After all, her comments suggest Putin was uninterested in the Presidential election of 2020 and he only cares to interfere when Hillary is running for President.

Does this mean Hillary will be running for the highest office in the land in 2024?

It does seem Hillary is unaware of the Durham Report. She also is unaware of the Biden Administration’s march toward a Marxist utopia since the day Joe took the Oath of Office to “defend the Constitution against enemies, both foreign and domestic.”

This is especially outrageous given Putin’s comments over the past couple of years, which at times reflected an eerily American rhetoric.

So who is Hillary speaking of? Putin? Trump? Biden? Herself?

Keep in mind the Clinton principle which states, “The Clintons have to lie. Should they tell the truth, they will soon meet the same fate as Vince Foster, Ron Brown and others (including Jeffrey Epstein).”

Imagine a Clinton committing suicide just as they were about to ‘come clean.’

Yet it seems like we like to sweep such things under the rug, preferring to get back to weiner roast and playing catch with the kids. Years from now, when your children and grand-children ask whether you knew or ‘had a feeling’ about the country, and they ask “Why didn’t you stand up for us – so we could enjoy the same liberties and freedoms you did?” A poor response to this question would be “Picnics, vacations and sports were so important, there wasn’t time to fight to save the country for you kids.”

When that happens, you should have one weapon in your arsenal to show you were thinking of them – a copy of my book, Prospering in a Socialist Society. Since you did little to nothing to defend the ‘land of the free and the home of the brave’, maybe you should provide a book showing them how to thrive, even if they are living in tyranny.

Prospering in a Socialist Society is found exclusively at https://TedLeithart.com/prospering-in-a-socialist-society/   Make sure you get a copy for each kid and grand-kid…

It became popular with several corporations there were more important things than making a profit.

On the one hand, I agree. An individual life is more important than making money. Providing for the family is much more important than making sure I put enough into the 401(k) account this month.

Yet without making a profit, a company cannot sustain itself.

Ford recently stated it will lose $3 Billion on EVs while it expects to gross $9-11 Billion this year. This is to be expected as Ford and most of the auto industry are investing that the future is EVs. As more EVs become available and the ICE is phased out, Ford sees the EV division to be profitable by 2026.

At the same time, dealer networks are slowing their orders for EVs. It seems under the current economic conditions, the EV market is not growing.

In addition to this, at least in the United States, the infrastructure for such change is not being developed. Coal is out. Oil and natural gas land leases are not being renewed by the Biden Administration. There are no nuclear power plants in design or under construction in the USA.

So all the energy needs for the USA is found on renewables.

Renewables are not providing the power needed, nor will they in the near future. You only need to look to Germany to realize they are retreating to fossil fuels to meet their energy demands.

It may be nice to generate electricity for homes using solar and wind power, but wind and solar do not meet the energy demands required to manufacture iron ore, stainless steel, copper wire, and more. You need fossil fuels if you want to have a world-class economy (which means you are manufacturing products).

It seems corporate C-types are sold on these new technologies. But here is a good example of designing and manufacturing the complex just because you can.

I recently was speaking with friends within the jet engine powerplant manufacturing industry. The new engine coming on-line will be electric and will be powered by a generator. To turn the generator, the aircraft will need to produce hydrogen in sufficient quantities by splitting water into its two components, oxygen and hydrogen. The hydrogen will be burned in an engine to turn the generator.

I wondered whether it made more sense to use the hydrogen for a hydrogen-burning turbofan as they seemed to be adding steps to be adding steps.

But such is life when profit is not a motivator as you have endless Federal Reserve notes to bankroll the next project.  Never mind a world GDP of $100 trillion chasing a world debt of $305 trillion.

On a global balance sheet, this would say Assets = Liabilities + Equities

$100 trillion  = $305 trillion -$195 trillion

Typically, negative equity suggests a corporation is having financial difficulties and may soon be facing bankruptcy.

But – DAMN the torpedoes. We have a world to rescue from Climate Change. So what if the entire world looks like downtown San Francisco.

A friend of mine, one of the top marketing consultants in the world, suggests you spend 10% of a marketing budget testing new marketing approaches to determine whether they are superior to the base. Should multiple tests prove this superiority out, you make the new campaign your baseline and try again.

Instead, Ford is testing their future with 25-33% of their gross sales. And so is the industry.

You wonder what they would be spending if it wasn’t for government coercion, market manipulation, the manufacturing of fiat money and kickbacks.

But since the world is running at breakneck speed toward a chasm we may never recover from, it would be best for you to understand how to prosper in a socialist society.

A socialist society? Why that? We were speaking of economics and the auto industry. Here’s the reason – free societies devolve into dictatorships via bankruptcy.

So get yourself to Prospering in a Socialist Society by clicking on https://TedLeithart.com/prospering-in-a-socialist-society/ NOW!

With talk of another government shutdown, there are many who are becoming frantic.

How will we buy our food, pay the rent, pay the mortgage, pay for our cars, pay for our education and more if the government shuts down…

Wrong question. Wrong premise.

Ron Paul recently commented in one of his podcasts the USA went bankrupt back in 1971. I can hear America saying “Nineteen Seventy One, you say. Ron, that statement makes you seem like you and President Biden need to take up residence in the same facility.”

But hear him out.

Ron’s point was the government got off the gold standard in its entirety in 1971.

In 1933, under and Executive Order, FDR made owning gold illegal. Why did he do this? For years, I have been hearing various remarks on why he did this. But here’s the explanation that makes the most sense of any I have heard.

Americans were taking their paper money to banks and exchanging it for gold (which was legal at the time). However, the government was running out of gold (in a large part, due to the Federal Reserve’s fractional reserve policy). In other words, Americans taking gold out of the banks was, in effect, a run on the Federal Reserve System.

Without the Federal Reserve System, the government would be found to be defrauding the people by debasing the currency. Per the Coinage Act of 1792, any person found guilty of doing so could be sentenced to death.

Rather than this taking place, thus limiting several politicians careers, the government made it illegal to own gold. As a result, they could spend without consequence.

In 1971, the ability to spend without consequence came to a head as the USA could no longer pay for its debts with ‘real money’ (i.e. gold and silver). So they disbanded the requirement to do so.

This is why the question of how to pay for things should the government shut down is meaningless. Put in the most direct terms, the USA has no money.

“That cannot be true”, you say. Look at all the things I buy with the paper money in my wallet and my credit cards.

Actually, it isn’t money.

I realized after I heard Ron Paul state this I have never been paid for my work as I have always received Federal Reserve notes.

Notes are not money. A bank note is not money. A bank note is a promise to pay.

All I have received since I began my paper route in seventh grade is a promise to pay. All we’ve been trading each other for decades is a promise to pay.

That’s why all the assets in the United States, both public and private, do not equal the total amount of liabilities (and equity). There’s over a 300% imbalance between the assets and the liabilities and equity. In basic terms, we’ve borrowed all of our assets 3 times over.

So when you ask how can I pay for things if the government shuts down, it never will be paid for. There will simply be another IOU handed over to the Federal Reserve, compliments of the US government.

Every time we have a major bank correction, such as 2001, 2008 and 2020, the Federal Reserve works with the government to kick the fiscal day of reckoning down the road, making the next bank correction a bigger mess than the current one.

THIS is how free and wealthy nations turn into poor and enslaved countries.

Can this be fixed? Ron Paul suggests having a gold based currency compete with Federal Reserve notes. When you purchase something, the clerk behind the counter asks “Would you like your change in gold and silver, or in Federal Reserve notes” and let the marketplace decide what monetary system they prefer.

There are less pleasant ways to fix the economy and make the country strong again.

Unfortunately, the people In Washington, your State Capitol and even your county commissioners LOVE their fake bucks and the power they wield with them. And, more likely than not, they will not make the fiscal responsible nor morally correct decisions that must be made to save the country from economic collapse and the chaos that follows.

Since your government officials and workers refuse to live by timeless economic principles, it behooves you to learn how YOU can prosper in a socialist society, as this is what your leaders are herding you toward. My book, Prospering in a Socialist Society, does just that – including providing some specific examples of individuals who did so.

My book is located at https://TedLeithart.com/prospering-in-a-socialist-society/

Do the sane thing NOW. Go to my website…

All over the news we are hearing of a government shutdown, likely to happen in mid-to late October.

First off, I thought there was a spending agreement of $1.7 trillion earlier this year which was to keep the government running through the 2024 election. Have we pissed away the $1.7 trillion 14 or more months early? If so, I would like an accounting of as the government seems to be using their credit cards at double the speed their promised to…

But it is so unnecessary, boys and girls.

I do mean boys and girls as MEN and WOMEN have learned to live within their means and do so. It is childish and unethical to spend more than you can afford to pay.

It is especially childish when you do not even go to Daddy or Mama (the people) and ask them to loan you more money. NNNNNNOOOOOOO – you simply take Daddy’s social security number and his other personal information and take a line of credit for a new bauble you want.

Actually, I have an acquaintance who did this. Dad found out months later when he was turned down for a business loan due to non-payment on a $100,000 loan. Since then, I avoid the entire family as I find the son to be a thief and Dad enabling his son.

But that’s what your Representatives and Senators are doing in Congress right now.

And – it is ABSOLUTELY unnecessary.

You see, we have – well, we are supposed to be a nation of law – and we have a document that was once considered the Supreme Law of the Land (the Constitution). This Supreme Law says the government only have 17 privileges granted them by the people – and everything else is reserved to the States and to the people (the 9^th and 10^th Amendment).

Which means whenever the national government spends a penny on education, that means anything to do with education – it’s unconstitutional as the Constitution does not give the national government any privileges with respect to education.

It is the same the Health and Human Services – which means the trillions spent on the Covid pandemic were unconstitutional. So was the money spent on developing the SARS-2 virus. And on and on and on.

In fact, the monies spent on the Ukraine-Russian debacle is unconstitutional as well, as Congress has not declared war – and Ukraine is not a part of NATO…

It’s been said (multiple times) that over 80% of what the government has their greedy, sticky, dirty fingers in is unconstitutional.

This means that government should be spending and borrowing around 20% of what they are – on a daily, weekly, monthly and annual basis.

Live within your means! And stop acting like my former friend who stole $100k by signing Dad’s name to a loan.

UNFORTUNATELY, this fix is very unlikely to be undertaken by our government – because they are that unethical and immoral.

This means you need more than ever to know how to Prosper in a Socialist Society. My book provides specific examples of individuals who have thrived while living in tyranny.

Find my book NOW by going to https://TedLeithart.com and clicking on the tab that says book.

P.S. Sorry for the run around. Unfortunately, the social media police have decided to attack and the mere mention of my book’s page has gotten censored by their community standards monitors.