Tuesday, February 21, 2012

Paper Savings Act - Don't Trust Congress! FED Counterfeiting? Meg Heap!

This is an example of government duplicity and double talk.

I just received my Profit and Loss Gain Schedule from my broker and though I did less trades this year than last it ran to 32 pages or 10 times last year's length. Why? Because of new federal regulations based on First in First Out Rules.

Do you remember when Congress passed their paper savings act several years ago so we would have some forests still standing after the government began to explode?

What Congress gives with one hand it takes twice with the other.
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Are The Fed's actions tantamount to counterfeiting? You decide. (See 1 below.)
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How Fair Share works! (See 2 below.)
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Now that the Bernie Marcus Dinner is behind it is "Meet Meg" Heath, March 13, at 5PM Plantation Club, time.

People frequently pose this question to me: "Why don't we have qualified candidates running for office"

I understand their frustration and tell them there is no one reason but many. They involve the high cost of a campaign, the sacrifice for their family and themselves and most of all the vulnerability these days of being in the public arena and the abuse and vitriol one takes.

Well, we do have a qualified candidate in Meg Heap and she deserves your consideration.

This lovely and brave young lady needs our support so I plead/beseech for a big turn out for her. Also she needs our financial help so please come prepared to help in that regard. It is put your money where your mouth is time.

Crime in our city/county is a dangerous and serious matter. We need better administration, realistic thinking and problem solving. Education is part of the answer, personal responsibility on the part of all citizens another part.

MEG DALY HEAP
22 E. Bryan Street, Suite #143
Savannah, Georgia 31401
912-398-1512

Email: meg4da@gmail.com

PERSONAL

Born: September, 1964
Marital Status: Married - Children: 2 sons

EDUCATION

Saint Vincent’s Academy 1982 - Honor Graduate
Savannah, Georgia
Georgia Southern College June 1986
Statesboro, Georgia Cum Laude - Honor Graduate
Mercer University May 1992 - Juris Doctorate
Walter F. George School of Law, Macon, Georgia

EXPERIENCE

Solo Practitioner December 2011 to present

Attorney at Metts Law Firm August 2011 to December 2011
West Congress Street, Savannah, Georgia

Staff Attorney September 2010 to July 2011
Judge Penny Freesemann
Superior Court of Chatham County
Savannah, Georgia

Chief Assistant District Attorney January 2009 to August 2010
Eastern Judicial Circuit
District Attorney’s Office, Chatham County
Savannah, Georgia

Assistant District Attorney July 1995 to December 2008
Eastern Judicial Circuit
District Attorney’s Office, Chatham County
Savannah, Georgia

· December 2005: Assigned to prosecute the abuse of the elderly and disabled adults. The position was the first elder abuse prosecutor in the State. Duties also included education for the community and law enforcement.
· Previously assigned to the Superior Court Division prosecuting felonies. From 1995 to 1997. Also assigned to the State Court Division prosecuting misdemeanors.

Assistant District Attorney 6/1/92 to 7/30/95
Blue Ridge Judicial Circuit
District Attorney's Office, Cherokee County
Canton, Georgia

· Prosecuted felonies in the Superior and Juvenile Courts and handled civil condemnations. Offenses ranged from murder, child molestation, to burglaries, thefts and any other offense where the overall needs of the office dictated.

Volunteer Coordinator July 1986 to August 1989
Victim Advocate
Victim-Witness Assistance Program, Savannah, Georgia

· Recruited and trained volunteers in Chatham County to work with victims of crime through our court system.
· Volunteer coordinator of the year for Chatham County in 1988. Worked with victims of crime in coordination with DA’s Office.

Career Highlights

§ September 2005: Presenter at clergy training “Ministering to Vulnerable Populations: Child and Elder Abuse”
§ September of 2005: Presenter clergy training seminar called “Ministering to Vulnerable Populations: Child and Elder Abuse.”
§ December 2005: attended the National Triad Training Symposium in Tunica Mississippi.
§ March 2006: Presenter at the Coastal Georgia Regional Development Center Area Agency on Aging: Issue: Elder Abuse (Richmond Hill, G.)
§ April 2006: Adult Protective Services Statewide Seminar - prosecuting elder abuse. Skilled to Build: Shaping and Enhancing Services to Protect Georgia’s Vulnerable Adults
§ April 2006: Presenter at the statewide Adult Protective Services Seminar
§ April 2006: Presenter at First Baptist Church “Classics”, group of seniors on the issue of elder abuse
§ May 2006: Presenter at a training sponsored by the Greater Savannah Coalition on Aging for professionals who work with elder or disabled adults.
§ May 2006: Presenter on elder abuse at Consumer College, a training symposium for elderly citizens.
§ May 2006 - Greater Savannah Coalition on Aging: Adult abuse prosecution in Chatham County
§ May to June 2006: Presented training for law enforcement officers of Port Wentworth, Tybee Island and Savannah Chatham Metro PDs highlighting elder abuse law
§ June 2006: Training presenter for emergency room nurses for Memorial Medical Center- elder abuse warning signs, prevention and protection
§ September 2006: Presenter Smart Seniors at Candler Hospital - the issues of elder abuse
§ September 2006: Elder abuse to Georgia Recreation and Park Assoc.
§ October 2006 - Presenter at Tara Nursing Home - training of staff
§ October 2006: Presenter at Ga. Commission on Domestic Violence - best practices: redefining best practices through the survivor’s eyes
§ June 2007 World Elder Abuse Awareness Day - Brunswick for the Coastal Georgia Regional Development Center
§ August 2007: Statewide Ga. IAFN
§ Year of 2008: Presented a 2 hour block of instruction bi-weekly to officers with the Savannah Chatham Metropolitan Police Department
§ Spring 2008: Article on in Georgia Generations - Scams that target seniors
§ March 2008: Ludowici Police Department - training on elder abuse
§ April 2008: Elder Abuse Conference (Valdosta State University)
§ April 2008: Consumer College (SALT) elder abuse and exploitation
§ July 2008: Presenter for the Coalition on Aging
§ August 2008: Presenter at the Utah Municipal Prosecutors on the issues of elder abuse
§ August 2010: Collaborated with Department of Homeland Defense in drafting a curriculum for training law enforcement on Native American lands on the issue of domestic violence.

Member of
o Greater Savannah Coalition of Aging
o Elder Abuse Multi-disciplinary Team
o Adult Services Advisory Council
o S.A.L.T. Council (Seniors and Law Enforcement Together)
o Senior Medicare Patrol Advisory Council
o Advisory Council for the State Long-term Care Ombudsmen Program
o Coastal Children’s Advocacy Center, Board of Directors
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This is an LTE a dear friend and memo reader sent to the local paper. It deserves to be published and I am sure it will be but in the event it is not, I publish it here. Suffice it to say I am in total agreement.

"Letters to the Editor
P.O. Box 1088
Savannah, Georgia 31402

Don’t tell Israelis how to defend themselves

The United States has a lot of nerve telling Israelis how to defend their country and when they should attack Iran. I cannot help but believe that Israeli intelligence is much better than ours and the best evidence of that would be the faulty intelligence President Bush received on Iraq that led to the loss of thousands of lives, billions of dollars and our prestige around the world.

Israel is on the front lines. They are the ones who get bombed first before Iran attempts to come after us, so for the United States to tell Israel when to strike Iran is embarrassing. The actions of the Obama administration lead even the mainly liberal Israeli on the street to no longer be comfortable with the United States support of Israel even though Israel is our only friend, ally and democracy in the Middle East. We are fortunate that Israel is willing to go after them with or without the blessing of the United States."
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The energy picture for Israel is gushing! (See 3 below.)
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Victor Davis Hanson updates us. (See 4 below.)
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Dick
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1)Jim Bianco: Fed Policy Is Really Just Counterfeiting
By Forrest Jones


The Federal Reserve has purchased $2.3 trillion in assets from banks to flood the economy with liquidity and drive down interest rates in order to stimulate the pace of economic recovery.

Under such policy, known as quantitative easing, the Fed goes in and buys assets like Treasury instruments or mortgage-backed securities from the banks, crediting those banks' reserve accounts with the funds, in what critics says is basically money printing.

"The ability of the Fed to increase the amount of money in banks' reserve accounts; that's what most people mean when they talk about money printing and that's under the direction of the Fed," says Jim Bianco, president of Bianco Research, according to The Daily Ticker, a Yahoo! news venue.


Editor's Note: Exposed: You Owe It to Yourself to Learn What Obama and Bernanke Are Hiding From Americans

"If you or I did that it would be fraud, it would be counterfeiting and we'd go to jail," Bianco adds.

"But when the Fed does it, it's sophisticated monetary policy."

The Fed says quantitative easing was necessary to steer the country away from crippling deflation while doing the best it can to maximize the jobs situation.

Critics say it will fuel inflationary pressures down the road, has cheapened the dollar and really hasn't done that much for price stability and jobs recovery anyway.

The Federal Reserve has already carried out two rounds of quantitative easing so far (known as QE1 and QE2), and talk is brewing that a third round (QE3) is up for consideration at the Federal Reserve, where some policymakers remain frustrated with the pace of economic recovery.

Some Fed officials, however, have made it clear that enough is enough.

"There will be no QE3," Dallas Fed President Richard Fisher said recently, according to Reuters.

"I will support no QE3, no additional mortgage-backed securities, no additional Treasurys," Fisher says, adding it's up to the government to cut spending and get its fiscal house in order and not monetary policy authorities.



Editor's Note: Exposed: You Owe It to Yourself to Learn What Obama and Bernanke Are Hiding From Americans



© Moneynews. All rights reserved.
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2)Analysis: 'Fair share' in taxes? Not by the numbers
By Jim Angle

As Americans sit down to file their federal tax returns, a simple question comes to mind -- what's a "fair share" to give the federal government in taxes?

For half the working population, fair means paying almost no income taxes at all.
"The top 10 percent income earners pay about 70 percent of federal income taxes," says Will McBride of the Tax Foundation. "The bottom 50 percent of tax filers have, they pay almost no federal income tax. They pay about 3 percent of federal income taxes."

President Obama’s phrase that everyone should “pay our fair share of taxes” has become something of a political mantra.

He has used the expression in dozens of speeches, beginning back in his State of Union address in January. More recently, he told University students in Virginia, "we do expect everyone to do their fair share.”

But for many of the people who pay no taxes, the government also allows tax credits, which end up providing refunds.

"Close to a hundred billion in checks sent out by the IRS (go) to folks who have no tax liability," McBride said. "So the IRS is becoming a spending agency."

Arthur Brooks, head of the American Enterprise Institute, put it this way: "Half of the people who don’t pay anything in federal income taxes -- about half of them pay less than zero."
But Brooks says the system is tilted even more toward those in the middle class and below because they also get services from the federal government. As a result the per capita value of government spending exceeds what those individuals pay in federal taxes.

"Right now about 70 percent of Americans take more out of the tax system than they put into it, according to the Tax Foundation," Brooks said."That's something that should really alarm a lot of Americans."

The policies that left so many people paying no income taxes have been supported by presidents of both parties, and despite what Americans tell pollsters they believe is fair, that’s not how it shakes out.

"The interesting thing is that about two-thirds of Americans think that everybody should pay something,” Brooks said, "so they remember that our government isn't free."
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3)Holy Land's oil, gas potential
By Russ Jones - OneNewsNow

A Dallas-based company that explores for oil and gas off the coast of Israel has announced it is expanding its operations there.

Company officials for Zion Oil & Gas, Inc. (NASDAQ GM: ZN) announced Monday at the National Religious Broadcasters convention in Nashville they will expand their exploration territory from 218,000 acres to 530,000 acres in northern Israel. The publically traded stock company will re-enter a well it first drilled in 2009 -- the same year that a natural gas discovery was announced, approximately 50 miles west of Haifa, off the Israeli coast.

In April 2010, the United States Geological Survey (USGS) issued a report which revealed massive amounts of undiscovered oil and gas remain in the "Levant Basin" -- which encompasses both onshore and offshore areas and most of middle and northern Israel and coastal Lebanon and Syria.

Richard Rinberg, CEO of Zion Oil & Gas, spoke during a press conference at the Gaylord Opryland Hotel in Nashville. He said he is optimistic about the prospects of hitting oil -- particularly because Israel is surrounded by other oil-rich Middle Eastern countries.

"Historically Israel has always been energy-starved, which leaves it in a very weak position," he noted.

Victor Carrillo, president and chief operating officer of Zion Oil, said the company is working hard to help Israel be energy-independent. "Certainly offshore we've seen those world-class reserves, but even onshore," he stated. "And as [founder] John Brown ... says, it's not a matter of 'if' but 'when' it will be found."

While many experts believe Israel is barren of oil, Zion executives believe biblical prophecies reveal where Israel's oil is located.
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4)As Time Goes By . . .
By Victor Davis Hanson

It is hard to remember a more tense time in the last 20 years. Tiny Israel may be poised to preempt the nuclear capabilities of Iran (an Iran that itself once attempted, unsuccessfully, to take out the Iraqi reactor at Osirak before Israel finished the job), whose terrorist appendages and missiles have the ability to do it a great deal of damage in return. How such a war would escalate or end, no one knows. There is no sense of a global effort to stop Iran’s proliferation, given that China and Russia seem to enjoy the irritation that Iran causes the West. I think U.S. policy amounts to a sort of shrug (we publicly discourage the Israelis, privately sorta hope they do, and publicly will sorta condemn them if they do). Whatever is happening in Afghanistan and Iraq, no one seems to know, or — despite our tens of thousands of troops in combat — even seem to care, given that the administration seems irked more than engaged.

In California gas is already over $4 a gallon — in an off-peak February, amid slow growth and high unemployment. What it will be during the summer driving season and if there is a tiny upturn in the economy — or as the Gulf of Hormuz heats up — we can only guess. Once more trying to release some oil from the strategic petroleum reserve — while putting new leases off limits in the west, in Alaska, offshore, and in the gulf, coupled with the Keystone cancellation — is not going to do much. Putin killed the Russian reset and wants everyone to know it. The Arab Spring is a bitter winter. There is no Libyan model for Syria. Mexico blames us for its own gun violence (despite guns flowing to the cartels from all over the world), and is suing an American state to force it not to enforce U.S. immigration law. It seems to think that 11 million of its nationals who entered the U.S. illegally and with Mexican government encouragement must be de facto American citizens — given their lucrative multibillion-dollar remittances.

Germany is getting to the point that it would rather write off the $400 billion than listen to chronic Greek slurs and whining; what Greeks rioters will do when they get their wish and have their drachma no one knows, but the country will soon be de-Europeanized. For now it is sorta doing to Germany what Germany did to its creditors in the 1920s. As for the EU: Once Greece implodes, nothing is off the table. It seems more like 1936 than 2012 in Europe. A U.S. that ran up $5 trillion debt in three years is in no position either to sermonize or to help much. Turkey, our newfound close ally, has warned us not to share NATO intelligence and de facto now has a free hand in the Eastern Mediterranean.

In such times, rumors of a possible vast unilateral reduction in the U.S. strategic arsenal cannot reassure our non-nuclear allies, Germany, Japan, South Korea, and Taiwan (who could all, if they so wished, become nuclear by next month), that they are safely within the U.S. umbrella in a world of China, North Korea, Pakistan, and Iran. The Obama administration does not seem to grasp that the current favored policy of “’leading from behind” –that is, being exceptional only to the degree that Italy, say, or Greece likewise thinks it is exceptional — or a U.N.-adjudicated foreign policy is not really a reset of past American policy, but ultimately just chaos.
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