Crisis of Confidence

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I don’t know how many of you are familiar with Ann Barnhardt or her business: Barnhardt Capital Management. While I’ve never used her professionally, she has earned my respect for her viewpoint on the economy and politics. This is the first commodity broker I could ever say this about.

Yesterday Barnhardt Capital Management closed, not to say has “Gone Galt”,not for any of the usual reasons. In her customary forthright manner Ann spelled it all out.

Dear Clients, Industry Colleagues and Friends of Barnhardt Capital Management,

It is with regret and unflinching moral certainty that I announce that Barnhardt Capital Management has ceased operations. After six years of operating as an independent introducing brokerage, and eight years of employment as a broker before that, I found myself, this morning, for the first time since I was 20 years old, watching the futures and options markets open not as a participant, but as a mere spectator.

The reason for my decision to pull the plug was excruciatingly simple: I could no longer tell my clients that their monies and positions were safe in the futures and options markets – because they are not. And this goes not just for my clients, but for every futures and options account in the United States. The entire system has been utterly destroyed by the MF Global collapse. Given this sad reality, I could not in good conscience take one more step as a commodity broker, soliciting trades that I knew were unsafe or holding funds that I knew to be in jeopardy.

The futures markets are very highly-leveraged and thus require an exceptionally firm base upon which to function. That base was the sacrosanct segregation of customer funds from clearing firm capital, with additional emergency financial backing provided by the exchanges themselves. Up until a few weeks ago, that base existed, and had worked flawlessly. Firms came and went, with some imploding in spectacular fashion. Whenever a firm failure happened, the customer funds were intact and the exchanges would step in to backstop everything and keep customers 100% liquid – even as their clearing firm collapsed and was quickly replaced by another firm within the system.

Everything changed just a few short weeks ago. A firm, led by a crony of the Obama regime, stole all of the non-margined cash held by customers of his firm. Let’s not sugar-coat this or make this crime seem “complex” and “abstract” by drowning ourselves in six-dollar words and uber-technical jargon. Jon Corzine STOLE the customer cash at MF Global. Knowing Jon Corzine, and knowing the abject lawlessness and contempt for humanity of the Marxist Obama regime and its cronies, this is not really a surprise. What was a surprise was the reaction of the exchanges and regulators. Their reaction has been to take a bad situation and make it orders of magnitude worse. Specifically, they froze customers out of their accounts WHILE THE MARKETS CONTINUED TO TRADE, refusing to even allow them to liquidate. This is unfathomable. The risk exposure precedent that has been set is completely intolerable and has destroyed the entire industry paradigm. No informed person can continue to engage these markets, and no moral person can continue to broker or facilitate customer engagement in what is now a massive game of Russian Roulette.

You really need to read all of this. Continue on to part 2 also. What she has to say scares the hell out of me. No guarantees, Ms. Barnhardt, like me and you, can be wrong but, she can be right, too. Commodities is a very rough game as some of my clients can attest, and she is/was very good at it.

This is far afield from my business and I don’t know very much about it at all so, I am dependent on experts like everyone else. When Ann Barnhardt says something about it, I listen carefully.

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About NEO
Lineman, Electrician, Industrial Control technician, Staking Engineer, Inspector, Quality Assurance Manager, Chief Operations Officer

16 Responses to Crisis of Confidence

  1. Pingback: Investment firms closing

  2. mstrmac711 says:

    That’s what I like about you NEO… you catch all the important stories. My great grandfather was an evil capitalist steel magnate. In August of 1929 he was in his office on Wall Street watching the ups and downs of an underleveraged and out of control market. He pulled everything he had out and put it into long term low yield muni bonds. His friends called him crazy. But one year later when he was going around to all the auctions to furnish his new mansion, he probably had the last laugh. I think I am reasonably well positioned now and would advise anyone else to consider the same. The other recommendation I would have is to study the methods of communication in the early days of this country before we had the electronic superhighways. One of the doomsday scenarios is that we will no longer be able to talk to each other in this manner but may have a need to reach out in some way to survive. There are two separate scenarios being observed; internal and external denial of service. Should be interesting to see which happens first or if they will be incremental.

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  3. Well, I try, Mac. Some sneak through I’m sure, like everyone else I occasionally get distracted, the opposition does that really well. A lot of this equates to the old “A stitch in time saves nine”. I think it is a very good time to minimize exposure. Unfortunately, I mostly have tools and brains to shelter but, on the other hand, that the main survival tool of human beings anyway.

    You’re right on the commo thing also. in fact I’m trying to find a way not to go all the way to flag hoists but, I have the feeling that Morse code may make a comeback.

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  8. hogorina says:

    DOGS AND POLITICAL WHOREDOM FALL INTO SAME SLOT

    AMORALITY OF THINKING. THIS LINE OF MOB CONTROL IS FASTENED UPON UNSUSPECTING CITIZENS, OF WHOM HAVE NO OPINION, AS TO GOVERNMENTAL MIND-BENDING THROUGH DEALING WITH CONTROLLED PASSIONS. DOGS ARN’T PEOPLE AND PEOPLE ARE NOT CANINES. FURTHER CONSIDERATION, OTHER THAN BARKING DOGS, ONE MUST CONSIDER MASOCHISISM, AS PRACTICED IN THE PROFESSIONS, BY WAY OF CHEATING AND SWINDLING INNOCENT PEOPLE, OF WHOM HALLOW PERSONAL PASSIONS IN MEANINGFUL MANNERS. AND NOW, WE BRING INTO THE PICTURE POLITICAL WHOREDOM! TOP OF THE LINE IS THE CITY MANAGING SYSTEM, OF WHICH IS A NATIONAL NETWORK OF PROFESSIONAL CRIMINALLY-MINDED
    POLITICAL WHORES, AND DIRTY PEOPLE IN THE PROFESSIONS ARE SOCIALLY OUT CASTS, IN ANY DECENT SOCIETY. WHEN ANY CLASS OF HOODLUMS IN BUSINESS LAY HEAVY BURDENS UPON THE PEOPLE, THEN MASOCHISM IS THE RESULT. WHEN A NATION MOURNS, THEN CRIMINALS IN THE PROFESSIONS GET ARTIFICIAL HIGHS, IN RELEASING REPRESSED DESIRES WITH ROBBERY AND LOOTING AND NO LEGAL RECALL. THEN VETRINARIANS, CITY/COUNTY MANAGERS,SOCIAL ENGINEERING AGENCIES, AND CRIMINALS RIP HIDES FROM THE PUBLIC. THERE IS A SAYING AMONGST THE PROFESSIONS AND PARTICULARLY THE DENTAL INDUSTRY, INCLUDING CITY MANAGERS AND VETRINARIANS: ” NEVER GIVE A SUCKER AN EVEN BREAK, NOR A CHUMP ANOTHER CHANCE.” MASOCHISM IS TIED TO INDIVIDUAL GREED—EROTICALLY DEPRIVED INTELLECTS BEHIND A SCREEN OF AIDING ANIMALS AND POLITICAL OPPRESSION. THIS ISWHY WE WITNESS SO MUCH SEXUAL PERVERSION ON THE SILVER SCREEN! A NATION IN DEBT.TO PHALLUS WORSHIPING. MASOCHISM IS PERVERTED THINKING. IT IS SUGGESTED THAT A WORD TO THE WISE IS SUFFICIENT. ONE SHOULD FIND ANOTHER VET OR DENTIST, AND GET OUT OF PSEUDO DEMOCRACY AND PSEUDO REPUBLICANISM’S STEADY GRIND!

    Like

  9. hogorina says:

    MODERATION OF A GENUINE DEMOCRAT

    I live in a redone school bus, as a share cropper with eight children. Education from TV commercial­s. Wife is ex-pole dancer. Her father was a former dirt farmer. Both of us are Democrats. L.B. Johnson is our alter ego. Our ancestors came to America with hats in hands. We are born again mental slaves and trying to avoid the ghetto life that Marx espoused.

    Hobbies are fishing and drinking. Medicaid saved our way of life with extra money for booze and Bay Rum. It’s a grand time to enjoy the labor and fruits of others. America is the land of milk and honey. Thank goodness for those tax payers of whom give us the good life, We love the Constitution and the rights to march for more bread from Uncle Sam. Furthe­r, four sons are taking crash courses as legal shysters, in stealing legally and to plunder the helpless. Three daughters want to be police officers. One daughter wants to be a firemen.On­e son wants to be a building inspector where the political graft is a Heaven on earth. Marxian economics taught us of the late David Recardo and his originating the iron law of wages, while an economist in London England. We hate the late loose cannon, Ronald Reagan, for putting Elizabeth Recardo as head of our national Labor Department–strange! My flock will never try to survive on the minimum scale. Our motto is let the government do for us what we are too shifty-min­ded to do for ourselves. My advice to the suckers of whom pay the taxes and fight wars is to study ruling systems via Machiavell­a’s ( PRINCE ). Bleed them for all it is worth. I belong to the global Interfaith movement and along with my peers.Reli­gion and democracy is the going thing today. Incidental­ly, my wife was expecting triplets before she hit the road.” I tried to join the American Legion but couldn’t show citizenship credentials. To stay in America my offspring will stack the ballot boxes at election times. The upcoming conventions is a good time sell state electoral votes, so follow the crowd to make this land of freedom a better place to beat the system.

    Like

  10. hogorina says:

    SCHIZOPHRENIA OF CLASSLESS DISSIDENTS

    The previous researcher seemed to be upset regarding religions and their so-called incomprehensible beliefs. Also disgustingly, the gentleman questioned in referring to America as a chunk of rock, and as to it’s political origin. Further, it is demonstrated as to the extent that a massive psychoneurosis has nesting grounds within America. The late Dr. Sigmund Freud, would have more than likely coined this mass hysteria of groping manifestations as masochistically inclination within the roots of personality suppression complex syndrome. Such humanoids are lacking in self-trust and lost in complete ignorance of the world around them. Indeed, we nurture an ever spreading situation. Actually, hundreds of honest thinking individuals are harboring this malady, of indifference in every day of life. Investigating the concreteness of what seems to be a puzzle, the truth, leaving out abstractions, as a front for acceptive ignorance, is a word for the wise. Long ago, Karl Marx, in one of his diatribes / critique on the theory of religion, as tied to his self-recognized materialistic inclinations, made it clear. No religion, meaning the religions of nations, would ever, presently, in the future, while visualizing over the treasure of gold in not assimilating with fellow beings. Historicity proclaims that Dr. Freud and Karl Marx were Talmudists. As to Lenin, this is unclear. in his materialists conception of history Marx sat religion aside. Nevertheless, Marx’s and Lenin’s anti-capitalism works viewed a futuristic pleasure for the world to revel in communism. Marx, definitely and subtly sheilded his desire for a universal religion.Momentarily, lets digress in professing that Dr. Freud was a Talmudist. ” Psychiatry In Transition “, by Judd Marmor,M.D. pub. 1974In essence, pg. 228 of Dr. Marmor’s vulume–is proclaimed that Dr. Freud had influenced followers into the field of psychodynamics as being in tune with Talmudic history. This may intensify that most likely Lenin, Freud, and Marx had a religion. For one particular global religious empire, Marx remarked that gold was a god, and such of whom believed this actually deemed the common toilet to be the representation of a worldly God, particular. Astounding, but true, Shakespeare, proclaimed, ” Oh truth, where is thy sting? First of all, the mentioned poster had little knowledge of the American religious empire. Too, that tax-free freebies are received from the Internal Revenue Service. We must remember that who ever dances to a tune, must please the band leader. Now with this information, the investigator of any religious affiliation with political whoredom, is to take off blinds that have been installed in earlier life! In exploring the Old Testament, many are deluded that two so-called classes of Israelites existed. This is contrary to intelligent research. Both cannot be true, for the scriptures make it clear that no one can serve two masters. Further, a double-minded man is unstable in all his ways. And now the master key, to those of whom are rebelling today, just as thousands of years past, are openly moving into their most concealed tool, phallus worship. Scheming pseudo religious intellectuals, in absolute control of national news and television, are promoting sexual deviation via so-called free speech. Looking at various magazine publications, movies, talk shows, and intelligent news casters, and so-called Christians are led into the trap of phallus worship. One can see where this leads to. Some where amidst society, a scheme is at large to drag various personalities into a trap of inhibited thoughts, to be released through unsuspecting entertainment. This same sort of perversion was the cause of the Great Deluge in Noah’s day. Excessive exposure to the words, F…., P…, D…, are the opening doors to individual deprivation! This is the purposely aimed for the eventual decline of Western Civilization. So be it! Now the mentioned poster mentioned earth. Most likely, he proclaims to be an American, when questioned about his origins. Since America is only a chunk of rock, a geological position on the face of earth. No man is a rock by lineage. It would be wise for one to consider the three sons of Noah, on the ark. The so named poster traces his ancestry back to one of the three sons. And this is the problem with the Muslims and Israeli conflict. Both are first cousins back to Ismael, son of Jacob, who is Israel. It would be a good idea for anyone to turn off the juice box, television, and search the Old Testament in tracing out their identity. Phallus worshipers tried to kill the Patriarch, Abraham, some several thousand years past. This form of perversity came from ancient Sumeria or Damascus, going into Babylon, thus into Palestine, as finding a place in ancient Egypt. For sure, the truth is out there. But we discover it between a rock and a hard place. God never sat up a religion. All religions are man-made. We trace Protestantism back through Catholicism to Buddha / Gautama, with ancient muslin belief originating earlier through the universal kingdom known as Catholicism. Yes, a specific pseudo religious belief is a pro-future scheme, to socialize America with a mechanism held in place as a subterranean movement, in closing down free enterprise, in destabilizing herd intelligence, to evolve into a Third-World Banana Republic tied to universal Bolshevism. One should put their brain into gear before making any open observation. AMERICA IS ABSOLUTELY COMMIE CONTROLLED! And Communism is nothing more, nor less, than thought control!

    Like

  11. hogorina says:

    SCHIZOPHRENIA OF CLASSLESS DISSIDENTS

    The previous researcher seemed to be upset regarding religions and their so-called incomprehensible beliefs. Also disgustingly, the gentleman questioned in referring to America as a chunk of rock, and as to it’s political origin. Further, it is demonstrated as to the extent that a massive psychoneurosis has nesting grounds within America. The late Dr. Sigmund Freud, would have more than likely coined this mass hysteria of groping manifestations as masochistically inclination within the roots of personality suppression complex syndrome. Such humanoids are lacking in self-trust and lost in complete ignorance of the world around them. Indeed, we nurture an ever spreading situation. Actually, hundreds of honest thinking individuals are harboring this malady, of indifference in every day of life. Investigating the concreteness of what seems to be a puzzle, the truth, leaving out abstractions, as a front for acceptive ignorance, is a word for the wise. Long ago, Karl Marx, in one of his diatribes / critique on the theory of religion, as tied to his self-recognized materialistic inclinations, made it clear. No religion, meaning the religions of nations, would ever, presently, in the future, while visualizing over the treasure of gold in not assimilating with fellow beings. Historicity proclaims that Dr. Freud and Karl Marx were Talmudists. As to Lenin, this is unclear. in his materialists conception of history Marx sat religion aside. Nevertheless, Marx’s and Lenin’s anti-capitalism works viewed a futuristic pleasure for the world to revel in communism. Marx, definitely and subtly sheilded his desire for a universal religion.Momentarily, lets digress in professing that Dr. Freud was a Talmudist. ” Psychiatry In Transition “, by Judd Marmor,M.D. pub. 1974In essence, pg. 228 of Dr. Marmor’s vulume–is proclaimed that Dr. Freud had influenced followers into the field of psychodynamics as being in tune with Talmudic history. This may intensify that most likely Lenin, Freud, and Marx had a religion. For one particular global religious empire, Marx remarked that gold was a god, and such of whom believed this actually deemed the common toilet to be the representation of a worldly God, particular. Astounding, but true, Shakespeare, proclaimed, ” Oh truth, where is thy sting? First of all, the mentioned poster had little knowledge of the American religious empire. Too, that tax-free freebies are received from the Internal Revenue Service. We must remember that who ever dances to a tune, must please the band leader. Now with this information, the investigator of any religious affiliation with political whoredom, is to take off blinds that have been installed in earlier life! In exploring the Old Testament, many are deluded that two so-called classes of Israelites existed. This is contrary to intelligent research. Both cannot be true, for the scriptures make it clear that no one can serve two masters. Further, a double-minded man is unstable in all his ways. And now the master key, to those of whom are rebelling today, just as thousands of years past, are openly moving into their most concealed tool, phallus worship. Scheming pseudo religious intellectuals, in absolute control of national news and television, are promoting sexual deviation via so-called free speech. Looking at various magazine publications, movies, talk shows, and intelligent news casters, and so-called Christians are led into the trap of phallus worship. One can see where this leads to. Some where amidst society, a scheme is at large to drag various personalities into a trap of inhibited thoughts, to be released through unsuspecting entertainment. This same sort of perversion was the cause of the Great Deluge in Noah’s day. Excessive exposure to the words, F…., P…, D…, are the opening doors to individual deprivation! This is the purposely aimed for the eventual decline of Western Civilization. So be it! Now the mentioned poster mentioned earth. Most likely, he proclaims to be an American, when questioned about his origins. Since America is only a chunk of rock, a geological position on the face of earth. No man is a rock by lineage. It would be wise for one to consider the three sons of Noah, on the ark. The so named poster traces his ancestry back to one of the three sons. And this is the problem with the Muslims and Israeli conflict. Both are first cousins back to Ismael, son of Jacob, who is Israel. It would be a good idea for anyone to turn off the juice box, television, and search the Old Testament in tracing out their identity. Phallus worshipers tried to kill the Patriarch, Abraham, some several thousand years past. This form of perversity came from ancient Sumeria or Damascus, going into Babylon, thus into Palestine, as finding a place in ancient Egypt. For sure, the truth is out there. But we discover it between a rock and a hard place. God never sat up a religion. All religions are man-made. We trace Protestantism back through Catholicism to Buddha / Gautama, with ancient muslin belief originating earlier through the universal kingdom known as Catholicism. Yes, a specific pseudo religious belief is a pro-future scheme, to socialize America with a mechanism held in place as a subterranean movement, in closing down free enterprise, in destabilizing herd intelligence, to evolve into a Third-World Banana Republic tied to universal Bolshevism. One should put their brain into gear before making any open observation. AMERICA IS ABSOLUTELY COMMIE CONTROLLED! And Communism is nothing more, nor less, than thought control!

    Poste

    Read more: http://profile.thesun.co.uk/profiles/hogorina

    Like

  12. hogorina says:

    GREAT AMERICAN PATRIOT

    MANIA FOR THEFT BY VOTING WAS CONTRARY TO BILLY CARTER’S INSTINCTS : BILLY CARTER, UNSUNG AMERICAN,

    and no polished sycophant, not ignored during life, as brother of a president, was a
    self-made man. This gentle personality was no brush off, when meeting preselected political whores huffing it off at tax payer’s expense in D.C., nor a sucker to be glorified by many curious tourists. He was a man of men. He made it clear, in so many utterances, that he would rather
    sleep in his filling station than the White House! Yes, far ahead of his time, a bottle of beer was more precious than being forced into shaking hands with some low-life creep serving within the State Department, or meeting scoundrels strolling along Pennsylvania Ave.

    In essence, the vast majority of Americans could care less in staggering around the White House in viewing portraits of past presidents. Billy was compelled to question political whores, of whom actually made it to the the top during the yesteryears. We can begin with Woodrow Wilson, a troubled man that sent our flowering young men over seas to be slaughtered, in the attempt to sell out our nation to the European League of Nations. Failing, brought him a miserable death. And there was the late Franklin D. Roosevelt, a traitor, in allying with Communist red Russia in 1933. His follow up was the late Harry Solomon Truman, who tried to conceal his ancestral background with an S for a middle name.

    The old saying, ” What’s in a name.?” Ask Harry. Harry worked well with his buddies, red Russian agents, in laying the ground work for a then future United Nation’s Organization, of which basically is a front for an approaching global socialism. And this goes on for ever, when a political hack is wheeled into office .Now getting back to Billy Carter. He knew as to what specific nation in the near east that was up to its neck in fighting off international banksters. No matter who makes it to the White House, and even before the present, all are merely tools of universal gangsters, using the global empire as a front for an ancient religious order, that needles its octopus like methods to gain control of any and all lulled into its net. A man like Billy Carter would never betray his manhood, by grasping hold of one octopus tentacle that reached from afar, right into the center fold of Washington’s political whoredom. Incidentally, it was rumored that Billy was hauled via a military aircraft to a clinic for a rest, being forced against his will, to be socially indoctrinated, politically. Nevertheless, Billy was faced with a hive of his brother’s insiders. Many Americans believe that Billy had received a chemically devised lobotomy from the identical better part of professional of hoodlums that originally drove him to the bottle.
    Reply

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  13. hogorina says:

    Polygraph….Modern Day Witch Craft

    In the future their will be a national reunion of
    retired liars, that had functioned in the field of Poligraphing, other wise
    called ” The lie Detectors ” In research it has been discovered that these lowest elements of gutter existence are now selling used cars and joining police departments. The more elegant are
    shuttling cabs, or working in pawn shops. These sycophants, useless class of professional bums, and parasites, have totally ruined innocent people, by their methods as pawns in the hands of organized crime, fronting for law enforcement agencies and stool pidgeons for ambulance chasers. as pawns in the hands of organized crime. Skunks!

    Having previous experience in speaking with one of the
    three recognized to work with the Kennedy assassination, poligrapher;
    it was revealed that it is one liar upon another, when several questioned the the same victim. The Ouija Board is possibly much sounder than wiring anyone to a Frankenstein thinking process, in using
    wiring electrodes to the hide of any citizen in America.
    It is assumed that their idle, Lucifer, will be the main speaker at this event. His fellow travelers will then glory in their
    home-made muck and mire, of digging in individual sewer lines, trying
    to discover their kinship some where in the lower life of an illicit business.

    Gearshift

    Like

  14. hogorina says:

    THE NATIONAL LEGAL INDUSTRY IS MYSTERIOUSLY CONTROLLED
    It is a unique method for specific lawyers to show up in any state or city within. It is noticed
    how these elements needle their way into court-house nesting as judges. Collectively, this
    well organized [ specific ] ones, generally, know the ropes, as to what class of political whores are lounging in the proper positions as leeches, in fore-filling their sworn oath to loot legally.

    And this legal system has expanded across the country to control any administration in power Notice over the country how lawyers, as judges, fine the inarticulate souls that fall into their web. These crafty shysters are denoted as the elect of shiftless beings as born thugs, or
    rocket-docket, quart a day hustlers, of whom figure helpless souls as mere cattle.

    And the lower-class of citizens, according to the judges, perpetually dragging moneys in
    chosen city’s coffers, in order to pull in loot to replace national governmental funds, that
    have been cut off due cutbacks in controlling most states. Most judges are literally raping
    citizens, holding them into the jaws of judicial criminality, in lashing out fines for the most
    insignificant violations of law. Bolshevism { communism }, is a pseudo-capitalist’s type of
    commercial serfdom, in looting unwise citizens as to how Democracy has become a raving
    sham.

    Like

  15. Pingback: Farmer faces planting season with seeds of distrust: from CNN.com « nebraskaenergyobserver

  16. hogorina says:

    THE GREAT RAPE OF AMERICAN PRODUCTIVITY AND INDIVIDUAL INGENUITY

    “What this country needs is to protect the people’s hard earned wealth of creating ways to find employment for hundreds of whom are generally unemployed on low level qualifications. We are creating a class of parasites that are milking the working people out of their productive earnings through developing s parasitic clime of artificial, but unproductive element that depends on some federal handout called federal emergency programs that have taken over the flight industry in our nation.

    It is inconceiveable that a hand full of terrorist have crippled our national commercial flight industry through the commie controlled news industry with their daily inflated minor news issues being bloated to the point that the general public
    runs back and forth through fear that our airlines will be eventually shut down

    America needs to tell Uncle Sam to get off of its haunches and get rid of all parasitic bums and leaches and let these dead beats find more productive work. It seems that nation wide laws enforcement has taken preference over a people’s ability to think straight. Law enforcement is an unproductive force that protect the great slum masters and loan sharks and political hounds of whom steal from every strong box in the nation’s capital. This country is going under from a form of liberalism that plays along with aimless parasitic laboring organizations that will aid in creating parasitic industries that are nothing but well organized drones on the backs of hard working and decent tax paying citizens.

    All in all, national home Land Security is a front for liberalized political whorewdom
    and its makeshift method to bleed productive America to the last fathering of honorable citizens. We need to get rid of SWAT and FEMA. as mere tools of an in an ever approaching incipient socialism designed to appease bums and dead beats working in all parasitic ares of federal and state governments. We do not need to wreck and cripple any national private industry by the artificial increments of ridiculous legal obstructions being subtly used to further an approaching socialists programing of digging the brains out of the public’s twisted intellect that Uncle Sam will not let the people down. We should level down national security in giving each state the right to guard the people’s security to the proper level of individual responsibility. The present encroaching police state under the cover of Home Land Security is nothing less than a pro Marxist scheme to further incipient Bolshevism in causing the state to wither away, in replacing capitalism with the ever creeping of Oriental religious philosophies into the American republic.

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