The Essence of Politics

Thursday, August 27, 2009

My Perspective: FED Grows Stronger as National Debt & Deficits Soar




President Barack Obama Nominates Ben Bernanke for Chairman of the Federal Reserve.
President Obama nominates Ben Bernanke for a second term as Chairman of the Federal Reserve in Marthas Vineyard, Massachusetts on August 25, 2009.


The White and Congress projects record deficits for the next 10 years which will add to our national debt. However as we fact record deficits and a ballooning national debt, we are giving the Federal Reserve new life with the re-nomination of Ben Bernanke as chairman of the Federal Reserve by President Barack Obama. Still the federal government faces exploding deficits and mounting debt over the next decade, White House and congressional budget officials projected Tuesday in rival economic outlooks. Both the White House Office of Management and Budget and the nonpartisan Congressional Budget Office predicted the budget deficit this year would swell to nearly $1.6 trillion, a record. But while figures released by the Whit House foresee a cumulative $9 trillion deficit from 2010-2019, $2 trillion more than the administration estimated in May, congressional budget analysts put the figure at a lower $7.14 trillion. Still, the CBO said in its midsummer budget update, "putting the nation on a sustainable fiscal course will require some combination of lower spending and higher revenues than the amounts now projected." Both projects see the overall national debt, which now stands at $11.7 trillion, nearly doubling over the next decade.

Now while our nation was hearing the news of a soaring national debt and record breaking deficits, President Barack Obama announced Tuesday he wants to keep Ben Bernanke on as Fed chairman, saying he shepherded America through the worst economic crisis since the Great Depression. "Ben approached a financial system on the verge of collapse with calm and wisdom; with bold action and out-of-the-box thinking that has helped put the brakes on our economic freefall," said Obama, with Bernanke standing by his side. "Almost none of the decisions he or any of us made have been easy." Obama made the announcement while on vacation on the island of Martha's Vineyard off the coast of Massachusetts after aides said initially that the president intended a news-free week there. Both he and Bernanke sported the open-collar look. Bernanke, 55, is credited with turning the economy away from its deepest and longest recession since the 1930s. Now he faces the challenge of meeting White House expectations to chart the full economic recovery considered critical to Obama's legacy.

In sticking with a Republican for the nation's top banker, the Democratic president was aiming for stability at a time of continuing, though easing, crisis. The move was designed to reassure the U.S. financial sector as well as foreign central banks that the Obama administration isn't changing course on its largely well-received approaches to the financial meltdown and overall monetary policy. The announcement also came nearly concurrently with a piece of bad economic news. Obama interrupted his vacation to telegraph his decision just ahead of a White House report that gave more bleak assessments of the nation's deficit picture. Figures released by the White House budget office on Monday foresee a cumulative $9 trillion deficit from 2010-2019, $2 trillion more than the administration estimated in May. Moreover, the figures show the public debt doubling by 2019 and reaching three quarters the size of the entire national economy. Also Monday, analysts with the nonpartisan Congressional Budget Office projected a cumulative $7 trillion deficit from 2010-2019, more in line with the administration's May estimate. The White House said Obama decided on the last-minute schedule addition to help "put him more in `vacation mode." "There's been a lot of speculation out there, and the president wanted to put it to rest," Deputy Press Secretary Bill Burton told reporters as the presidential entourage headed from the site of the announcement to a golf course.

Bernanke's early tenure was as complicated as the crisis facing the banks he sought to save. The Fed chairman's successful, although unconventional, strategy to move the economy away from recession, unlock frozen credit and stabilize spiraling financial markets depended in large part on creating radical and unprecedented lending programs. But he's not without his detractors, and the Democratic chairman of the Senate Banking Committee, Connecticut's Chris Dodd, immediately warned of a thorough hearing before Bernanke would be confirmed for a second four-year term. With such controversy surrounding some of his decisions, Bernanke's fate had been the subject of speculation for months. Many on Wall Street and in academic circles had viewed Bernanke as the best choice to tackle continued high unemployment, fight off any threat of inflation and take on the next set of risky, difficult decisions. Announcing his decision to bypass prominent Democratic economic figures for the job, Obama had nothing but praise for Bernanke.

The president also put in a plug for his own administration's actions to stabilize the financial system, restructure the auto industry and approve $787 billion in stimulus spending. Appearing in makeshift press workspace on the island, Bernanke said that if confirmed by the Senate, he'd work to provide "a strong foundation for growth and stability" in the economy. "The Federal Reserve, like other economic policy makers, has been challenged by the unprecedented events of the past few years," Bernanke said. "We have been bold or deliberate as circumstances demanded, but our objective remains constant: to restore a more stable financial and economic environment in which opportunity can again flourish and in which Americans hard work and creativity can receive their proper rewards." The economy is emerging from recession and is poised for growth. However, it will be slow-going and the unemployment rate, now at 9.4 percent, is likely to top 10 percent this year before it starts going down. For Obama, there was little political downside in choosing to nominate Bernanke. The move displays bipartisanship and a steady, unchanging hand on the economic tiller. Fully occupied with an attempted health care overhaul, Obama's team could little afford the distraction of changing the head of the Fed. Bernanke was appointed Fed chairman by President George W. Bush and sworn in Feb. 1, 2006, following Alan Greenspan's 18-year tenure.

Still the reappointment of Bernanke helped the Federal Reserve continue to manipulate the financial markets because data and Bernanke lifted the markets on Tuesday after they declined on Monday. Stocks climbed Tuesday, boosted by upbeat data on house prices and consumer confidence and news of the reappointment of Ben Bernanke as Federal Reserve chairman. The Dow Jones Industrial Average was recently up about 60 points to 9569.52. The S&P 500 gained 0.6% to 1031.78, and the Nasdaq Composite added 0.6% to 2029.21. U.S. home prices rose in the second quarter for the first time in three years while logging a second-straight monthly increase in June, according to the S&P Case-Shiller home-price indexes. For the second quarter, the S&P Case-Shiller U.S. National Home Price Index posted a 14.9% drop from a year earlier, an improvement over the record 19.1% drop in the first quarter. It was up 2.9% sequentially. U.S. consumer confidence rebounded in August, a report released Tuesday said. The Conference Board, a private research group, said its index of consumer confidence increased to 54.1 in August from a revised 47.4 in July, which was originally reported as 46.6. The current month's reading was far above economists' expectations of 47.0, according to a survey conducted by Dow Jones Newswires.

U.S. markets are moving opposite overseas markets, which were declining amid economic concerns in China. Chinese Premier Wen Jiabao on Tuesday cautioned against being "blindly optimistic" about the country's economic recovery, saying the boost from short-term policies may fade, while longer-term policies will take some time to have an impact. President Barack Obama early Tuesday hailed Mr. Bernanke for helping the world economy avoid a depression. "I don't think the market is at all surprised. Why would you switch horses midstream with the expert of the Great Depression and the Japanese lost decade?" said Robert Howe, founder of Hong Kong-based Geomatrix. On the corporate front, Burger King Holdings advanced 8% after it posted a 16% increase in second-quarter net profit. Manitowoc fell 7.2% as it is leaving the index the S&P 500. Ford Motor added 2.6%, reversing Monday's retreat on the end of cash-for-clunkers. Major indexes were little changed Monday after posting four consecutive daily gains last week, with the S&P 500 retreating a fraction of a point, the Nasdaq Composite losing 2 points while the blue chip Dow Jones Industrial Average rising 3 points. Regional banks were especially hit hard amid concern about potential mounting losses from commercial real estate. Overseas, the Shanghai Composite closed 2.6% lower, while European stocks added modest gains. Oil futures, after hitting a 2009 high on Monday, edged higher above $74 a barrel and the dollar index fell slightly.

Still the Obama administration, citing an economic downturn that has been deeper than it had first thought, raised its estimate on Tuesday of the government’s deficit over the next decade to $9 trillion from $7.1 trillion. Despite the shortfalls, White House officials said they saw no reason to back away from President Obama’s ambitious and costly goal of overhauling the health care system. The new amount includes the cost of the health care overhaul as well as about $600 billion in additional revenue that the administration hopes to raise, two initiatives Congress has yet to approve. “A lot of people will look at this deficit and say we cannot afford health care reform,” said Peter R. Orszag, director of the Office of Management and Budget. But Mr. Orszag said the opposite was true: the only way to control spiraling Medicare costs, he said, was to get control of overall health care costs by overhauling the system “The size of the fiscal gap is precisely why we must enact fiscally well designed health care reform now,” Mr. Orszag said.

Now Republicans are certain to attack that argument. Indeed, they are already doing so. Analysts at the Congressional Budget Office put their deficit estimate slightly lower, at $7.14 trillion, though the agency uses a slightly different method to reach its estimate. The budget office takes into account only policies already in place, while the administration can consider policies and budget decisions that its hopes to install. White House officials predicted that the budget deficit this year will peak at $1.58 trillion, though they said the 2009 shortfall will be about $261 billion lower than they had predicted in May. The main reason is that officials have decided that they will not need another round of bailout money for the nation’s banks. The Congressional Budget Official also estimated a deficit this year of about $1.6 trillion. In the earlier budget forecast, administration officials had created a “placeholder” of $250 billion to cover possible costs of an additional bank bailouts. They also assumed higher costs for the Federal Deposit Insurance Corporation’s expansion of deposit insurance and debt guarantees. Even so, the administration is projecting that annual deficits will remain above $1 trillion through 2011 and will be bigger than any since World War II, even when measured conservatively as a share of the nation’s economic output. The government’s total debt would roughly triple by 2019 to $17.5 trillion under the new estimate, almost $2 trillion more than the White House estimated in May. Measured as a share of the nation’s economic output, public debt would hit 76.5 percent of gross domestic product by 2019 — by far the highest percentage in the past half-century — from about 56 percent this fiscal year. This year will be the first time the number has exceeded 50 percent since World War II. The previous estimate was about 67 percent.

The biggest reason for the additional red ink is the administration’s recognition that the recession has been deeper and unemployment has been much higher than White House forecasters assumed in their first budget estimate in May. The added depth of the downturn is expected to increase payouts for unemployment benefits and other safety-net programs, while reducing tax receipts more than originally expected. The administration had originally assumed that the economy would shrink 1.2 percent and that unemployment would average about 8.1 percent this year. Instead, the economy is expected to shrink almost 2 percent while unemployment is expected to average 9.3 percent in 2009 and 9.8 percent in 2010. For the first time, administration officials officially predicted on Tuesday that unemployment would climb above 10 percent by early next year, from 9.4 percent in July. The costs of the additional unemployment and the slower growth extend beyond the next year or two, not just because the economy will take longer to return to normal but also because the government’s interest expense will be compounding more rapidly. Mr. Orszag estimated that, by 2019, interest expenses will account for more than 80 percent of the projected deficit of $917 billion. Without offering any details, the White House budget director said that President Obama will soon unveil plans to reduce long-term deficits tied to soaring costs of Medicare, Social Security and other entitlement programs.

The chilling forecast that the White House is predicting should make all American wonder why is our nation’s national debts growing and why aren’t our nation’s leaders trying to practice fiscal responsibility in order to deal with our nation’s mounting deficits. A 10-year federal deficit of $9 trillion — more than the sum of all previous deficits since America's founding should make all Americans angry but what should make many of us even more angry is that our financial markets seem to be manipulated by what the Federal Reserve does and who the chairman of the Fed is. So the fact that by the next decade's end the national debt will equal three-quarters of the entire U.S. economy should raise major red flags as to what direction our nation is headed in financially. But before President Barack Obama can do much about it, he'll have to weather recession aftershocks including unemployment that his advisers said Tuesday is still heading for 10 percent. Overall, White House and congressional budget analysts said in a brace of new estimates that the economy will shrink by 2.5 to 2.8 percent this year even as it begins to climb out of the recession. Those estimates reflect this year's deeper-than-expected economic plunge.

The grim deficit news presents Obama with both immediate and longer-term challenges. The still fragile economy cannot afford deficit-fighting cures such as spending cuts or tax increases. But nervous holders of U.S. debt, particularly foreign bondholders, could demand interest rate increases that would quickly be felt in the pocketbooks of American consumers. Amid the gloomy numbers on Tuesday, Obama signaled his satisfaction with improvements in the economy by announcing he would nominate Republican Ben Bernanke to a second term as chairman of the Federal Reserve which resulted in stocks jumping on Wall Street. The announcement, welcomed on Wall Street, diverted attention from the budget news and helped neutralize any disturbance in the financial markets from the high deficit projections. This is all the more reason why the Federal Reserve needs to be abolished because Wall Street and foreign investors are too dependent on the Fed.

So as the White House Office of Management and Budget indicated that the president will have to struggle to meet his vow of cutting the deficit in half in 2013 — a promise that earlier budget projections suggested he could accomplish with ease. "This recession was simply worse than the information that we and other forecasters had back in last fall and early this winter," said Obama economic adviser Christina Romer. The deficit numbers also could complicate Obama's drive to persuade Congress to enact a major overhaul of the health care system — one that could cost $1 trillion or more over 10 years. Obama has said he doesn't want the measure to add to the deficit, but lawmakers have been unable to agree on revenues that would cover the cost. What's more, the high unemployment is expected to last well into the congressional election campaign next year, turning the contests into a referendum on Obama's economic policies. Republicans were ready to pounce on this in which they should because these growing numbers in the nation’s debt and deficits makes me worry what the future of our nation will look like financially.

"The alarm bells on our nation's fiscal condition have now become a siren," said Senate Minority Leader Mitch McConnell of Kentucky. "If anyone had any doubts that this burden on future generations is unsustainable, they're gone — spending, borrowing and debt are out of control." Even supporters of Obama's economic policies said the long-term outlook places the federal government on an unsustainable path that will force the president and Congress to consider politically unpopular measures, including tax increases and cuts in government programs. "The numbers today portend the biggest budget fight we've probably had in decades in the United States," said Stan Collender, a former congressional budget official. The summer analyses by the White House budget office and by the Congressional Budget Office reached similarly bleak conclusions. The CBO's 10-year deficit figure was smaller — $7 trillion — but that is because it assumes that all tax cuts put into place in the administration of former President George W. Bush will expire on schedule by 2011. Obama's budget baseline, however, hews to his proposal to keep the tax cuts in place for families earning less than $250,000 a year.

Both budget offices see the national debt — the accumulation of annual budget deficits — as more than doubling over the next decade. The public national debt, made up of amounts the government owes to the public, including foreign governments, stood Tuesday at a staggering $7.4 trillion. White House budget officials predicted it would reach $17.5 trillion in 2019, or 76.5 percent of the gross domestic product. That would be the highest proportion in six decades. Congressional Budget Office director Douglas Elmendorf said if Congress doesn't reduce deficits, interest rates are likely to rise, hurting the economy. But if Congress acts too soon, the economic recovery — once it arrives — could be thwarted. "We face perils in acting and perils in not acting," Elmendorf told reporters. David Walker, former head of the Government Accountability Office, said the numbers illustrated the need for a national commission that would review spending and taxing options and present lawmakers with a deficit reduction plan that Congress could approve or reject. "We're going to have to do a hard course correction once we turn the corner on the economy," Walker, now president and CEO of the Peter G. Peterson Foundation, said.

Both Romer and Obama budget director Peter Orszag said this year's contraction would have been far worse without money from the $787 billion economic stimulus package that the president pushed through Congress as one of his first major acts. At the same time, the continuing stresses on the economy have, in effect, increased the size of the stimulus package because the government will have to spend more in unemployment insurance and food stamps, Orszag said. He said the cost of the stimulus package — which spends most of its money in fiscal year 2010 — will grow by tens of billions of dollars above the original $787 billion. The White House also credited the $3 billion cash-for-clunkers auto program for contributing to recent economic growth. Orszag, anticipating backlash over the deficit numbers, conceded that the long-term deficits are "higher than desirable." The annual negative balances amount to about 4 percent of the gross domestic product, a number that many economists say is unsustainable.

But Orszag also argued that overhauling the health system would reduce health care costs and address the biggest contributor to higher deficits. "I know there are going to be some who say that this report proves that we can't afford health reform," he said. "I think that has it backward." At the same time, 10-year budget projections can be "wildly inaccurate," said Collender, now a partner at Qorvis Communications. Collender noted that there will be five congressional elections over the next 10 years and any number of foreign and domestic challenges that will make actual deficit figures very different from the estimates. Despite all of that, the fact the Federal Reserve grows stronger and our nation’s national debt and deficits continue to soar makes me wonder what the actual purpose of the Fed is if as a central bank it can’t help curb our nation’s deficits. As my friend Mike Troxel told me, “Paying off our debt is absolutely imperative because it is no coincidence that the last president to get rid of the Federal Reserve [Second Bank of the United States] was also the last president (Andrew Jackson) to without a deficit.” Since the establishment of the Federal Reserve, every President has had deficit and our nation has seen a Great Depression and some form of a recession nearly every decade. Until we eliminate the Federal Reserve and stop being charged interest for our own money supply being creating which is what the Treasury does any way than our national debt and deficits will continue to sky rocket.

America can’t continue to allow the Federal Reserve to grow stronger as our nation’s debt and deficits continue to rise. Think about it people, our nation has tooled with a central bank since our creation and one of our nation’s founders and President, Thomas Jefferson was against a central bank. Thomas Jefferson who was Secretary of State under President George Washington and House of Representative member James Monroe didn’t believe in the central bank idea that Secretary of Treasury Alexander Hamilton proposed. Nonetheless, prior to 1913 and the creation of the Federal Reserve, our nation had two other attempts at a central banks with the First Bank of the United States and the Second Bank of the United States.

Now the First Bank of the United States was a bank chartered by the United States Congress on February 25, 1791. The charter was for 20 years. The Bank was created to handle the financial needs and requirements of the central government of the newly formed United States, which had previously been thirteen individual colonies with their own banks, currencies, and financial institutions and policies. Officially proposed by Alexander Hamilton, Secretary of the Treasury, to the first session of the First Congress in 1790, the concept for the Bank had both its support and origin in and among Northern merchants and more than a few New England state governments. It was, however, eyed with great suspicion by the representatives of the Southern States, whose chief industry, agriculture, did not require centrally concentrated banks, and whose feelings of states' rights and suspicion of Northern motives ran strong. Now the bank's charter expired in 1811 under President James Madison but in 1816, however, Madison revived it in the form of the Second Bank of the United States.

The Second Bank of the United States was chartered in 1816; five years after the First Bank of the United States lost its own charter. The Second Bank of the United States was initially headquartered in Carpenters' Hall, Philadelphia, the same as the First Bank, and had branches throughout the nation. The Second Bank was chartered by many of the same congressmen who in 1811 had refused to renew the charter of the original Bank of the United States. The predominant reason that the Second Bank of the United States was chartered was that in the War of 1812, the U.S. experienced severe inflation and had difficulty in financing military operations. Subsequently, the credit and borrowing status of the United States were at their lowest levels since its founding.

The Second Bank of the United States was authorized for a twenty year period during James Madison's tenure in 1816. However President Andrew Jackson worked to rescind the bank's federal charter. In Jackson's veto message (written by George Bancroft), the bank needed to be abolished because:
1.) It concentrated the nation's financial strength in a single institution.
2.) It exposed the government to control by foreign interests.
3.) It served mainly to make the rich richer.
4.) It exercised too much control over members of Congress.
5.) It favored northeastern states over southern and western states.
Following Jefferson, Jackson supported an "agricultural republic" and felt the Bank improved the fortunes of an "elite circle" of commercial and industrial entrepreneurs at the expense of farmers and laborers. After a titanic struggle, Jackson succeeded in destroying the Bank by vetoing its 1832 re-charter by Congress and by withdrawing U.S. funds in 1833.

The bank's money-lending functions were taken over by the legions of local and state banks that sprang up. This fed an expansion of credit and speculation. At first, as Jackson withdrew money from the Bank to invest it in other banks, land sales, canal construction, cotton production, and manufacturing boomed. However, due to the practice of banks issuing paper banknotes that were not backed by gold or silver reserves, there was soon rapid inflation and mounting state debts. Then, in 1836, Jackson issued the Specie Circular, which required buyers of government lands to pay in "specie" (gold or silver coins). The result was a great demand for specie, which many banks did not have enough of to exchange for their notes. These banks collapsed. This was a direct cause of the Panic of 1837, which threw the national economy into a deep depression. It took years for the economy to recover from the damage. The U.S. Senate censured Jackson on March 28, 1834, for his action in removing U.S. funds from the Bank of the United States. When the Jacksonians had a majority in the Senate, the censure was expunged.

Still in 1835, Jackson managed to reduce the federal debt to only $33,733.05, the lowest it had been since the first fiscal year of 1791. President Jackson is the only president in United States history to have paid off the national debt. However, this accomplishment was short lived because a severe depression from 1837 to 1844 caused a ten-fold increase in national debt within its first year but that was after Jackson’s tenure as President was done. Plus as a result of the U.S. economy not being backed by gold and silver under the central bank system, it caused many problems in the nation once the Fed was abolished. This should signal to all Americans that even during the recession we have experienced, the only stock that constantly rose was gold and gas. Therefore our nation should get back on the gold standard now in order to avoid a depression or recession once we abolish the Federal Reserve in order balance our nation’s national debt and deficits.

The abolishment of the Federal Reserve must happen now if we are to deal with our national debt and soaring deficits to preserve our financial future for future generations of American’s.


ABOLISH THE FEDERAL RESERVE NOW!

Source:
THE ELIMINATION OF THE NATIONAL DEBT IN 1835 AND THE MEANING OF JACKSONIAN DEMOCRACY
By Carl Lane, Professor of History at Felician College
Lodi & Rutherford, New Jersey

http://www.business.auburn.edu/~whittdo/THE%20ELIMINATION%20OF%20THE%20NATIONAL%20DEBT%20IN%201835.htm

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Jay-Z - History



(Jay-Z - History)Jay-Z - History with Lyrics

LYRICS : [Chorus: Cee-lo]
Now that all the smoke is gone
(Lighter)
And the battle's finally won
(Gimme a lighter)
Victory (Lighters up) is finally ours
(Lighters up)
History, so long, so long
So long, so long

[Verse 1: Jay-Z]
In search of victory, she keeps eluding me
If only we could be together momentarily
We can make love and make history
Why won't you visit me? until she visit me
I'll be stuck with her sister, her name is defeat
She gives me agony, so much agony
She brings me so much pain, so much misery
Like missing your last shot and falling to your knees
As the crowd screams for the other team
I practice so hard for this moment, victory don't leave
I know what this means, I'm stuck in this routine
Whole new different day, same old thing
All I got is dreams, nobody else can see
Nobody else believes, nobody else but me
Where are you victory? I need you desperately
Not just for the moment, to make history

[Chorus: Cee-lo]
Now that all the smoke is gone
(Lighters)
And the battle's finally won
(Lighters)
Victory is finally ours
(Yeah)
History (yeah), so long, so long
So long, so long

[Verse 2: Jay-Z]
So now I'm flirting with death, hustling like a G
While victory wasn't watching took chances repeatedly
As a teenage boy before acne, before I got proactiv I couldn't face she
I just threw on my hoodie and headed to the street
That's where I met success, we'd live together shortly
Now success is like lust, she's good to the touch
She's good for the moment but she's never enough
Everybody's had her, she's nothing like V
But success is all I got unfortunately
But I'm burning down the block hoppin' in and out of V
But something tells me that there's much more to see
Before I get killed because I can't get robbed
So before me success and death ménage
I gotta get lost, I gotta find V
We gotta be together to make history

[Chorus: Cee-lo]
Now that all the smoke is gone
(Lighters. Up.)
And the battle's finally won
(Lighter. Up.)
Victory is finally ours
(Lighters. Up.)
History, so long, so long
So long, so long

[Verse 3: Jay-Z]
Now victory is mine, it tastes so sweet
She's my trophy wife, you're coming with me
We'll have a baby who stutters repeatedly
We'll name him history, he'll repeat after me
He's my legacy, son of my hard work
Future of my past, he'll explain who I be
Rank me amongst the greats, either 1, 2, or 3
If I ain't number one then I failed you victory
Ain't in it for the fame that dies within weeks
Ain't in it for the money, can't take it when you leave
I wanna be remembered long after you grieve
Long after I'm gone, long after I breathe
I leave all I am in the hands of history
That's my last will and testimony
This is much more than a song, it's a baby shower
I've been waiting for this hour, history you ours


[Chorus: Cee-lo (2x)]
Now that all the smoke is gone
And the battle's finally won
Victory is finally ours
History, so long, so long
So long, so long



Man in the Mirror--By Michael Jackson

Michael Jackson - Man in the mirror

I'm gonna make a change,
for once im my life
It's gonna feel real good,
gonna make a diference
Gonna make it right...

As I, turn up the collar on
my favorite winter coat
This wind is blowing my mind
I see the kids in the streets,
with not enought to eat
Who am I to be blind?
Pretending not to see their needs

A summer disregard,a broken bottle top
And a one man soul
They follow each other on the wind ya' know
'Cause they got nowhere to go
That's why I want you to know

I'm starting with the man in the mirror
I'm asking him to change his ways
And no message could have been any clearer
If you wanna make the world a better place
(If you wanna make the world a better place)
Take a look at yourself, and then make a change
(Take a look at yourself, and then make a change)
(Na na na, na na na, na na, na nah)

I've been a victim of a selfish kind of love
It's time that I realize
That there are some with no home, not a nickel to loan
Could it be really me, pretending that they're not alone?

A willow deeply scarred, somebody's broken heart
And a washed-out dream
(Washed-out dream)
They follow the pattern of the wind ya' see
'Cause they got no place to be
That's why I'm starting with me
(Starting with me!)

I'm starting with the man in the mirror
(Ooh!)
I'm asking him to change his ways
(Ooh!)
And no message could have been any clearer
If you wanna make the world a better place
(If you wanna make the world a better place)
Take a look at yourself, and then make a change
(Take a look at yourself, and then make a change)

I'm starting with the man in the mirror
(Ooh!)
I'm asking him to change his ways
(Change his ways - ooh!)
And no message could have been any clearer
If you wanna make the world a better place
Take a look at yourself and then make that..
(Take a look at yourself and then make that..)
CHANGE!

I'm starting with the man in the mirror
(Man in the mirror - Oh yeah!)
I'm asking him to change his ways
(Better change!)
No message could have been any clearer
(If you wanna make the world a better place)


Michael Jackson - Man in the mirror

A Change is Gonna Come by Sam Cook






It's been a long time coming but a change is surely going to come in America and the World! I am the Future of America and the World and that is the message that each of us must carry with us each and every day that we wake up on Earth! I am the Future! You are the Future! We are the Future of America and the World! That is way every election is important--primaries, special elections and general! So vote every year and hold our politicians accountable. Hold our political officials accountable by writing them, calling them and making sure they attend meetings that we the people have. "The Time for Change is not Now but Right Now!"

"EmPOWERment By Any Means Necessary" should be our anthem and should be our creed as we make the positive differences in America and the world that so many people beg for and hungry for year after year! A Change is Gonna Come, A Change is Gonna Come, that's what we must say as we say "God grants us the serenity to accept the things we cannot change, Courge to change the things we can, and the wisdom to know the difference" each morning before we go about the task of making a positive change in America and the world a reality.



Born In The U.S.A. - Bruce Springsteen


“When will people realize that we are Americans first and foremost, not Democrats or Liberals, not Republicans or Conservatives, not Independents or moderates. We are Americans. Stop putting a political party above America and stop putting any politican above America. America succeeds because of us the people holding our government responsible no matter the political party because the main two political parties are to blame for the condition America is in."—Hodari P.T. Brown

America with its flaws and all is a country I am proud to have been born in. America is not perfect but my love for it is perfect. That’s why all Americans must realize that we are all Americans. In fact we are Americans first and foremost. We are not Democrats or Republicans. We are Americans.

We are not Muslims, Christians or Jews. We are Americans. Too many times we recognize our differences with others rather than appreciating our similarities which are, we are Americans. We are Americans first and foremost, no matter if we were born here or moved here legally. We are all Americans, here in this country to make not only our lives better but the lives of other Americans better so future Americans can enjoy the rights and freedoms that make us all Americans.

We are all Americans. We are one party united under God. We are Americans and this is the only political party that matters. We are Americans and this is our country so let’s make sure that we make America better than how we found it so future Americans can live prosperous and joyous lives. We are Americans and must not ever forget that.

America will prosper as long we make sure we are doing our part to make it prosper and that means we can’t put any political party or politician above America. Long live America forever and long live America’s service to the world. Together, America and the world will prosper for future generations to enjoy America and the world we live in.


Lift Every Voice and Sing


This video of the ' Negro National Anthem' was originally screened at the historic African-American Church Inaugural Ball in Washington, DC on January 18th, 2009. Many of the esteemed individuals featured in this video in attendance and we presented with the ' Keepers of the Flame' award for the monumental contributions to social justice.

This version of the song was performed by the Grace Baptist Church Cathedral Choir, conducted by Derrick James. The video was produced and donated by Ascender Communications, LLC (www.ascender-c.com) at the request of The Balm In Gilead, Inc.

If I Was President--Wyclef Jean




If I was President that is the people's anthem. We all have ideas of what we can do as President and through this website, we will fulfill our deam as a people!

Somethings Gotta Give--Big Boi ft Mary J Blige



Somethings Gotta Give people and it begins today for all us to make sure that something is us. We the people are sick and tired of suffering. Where is our piece of the Dream that so many people dead for so that we all could see today. This is our time people to change America and the world so that the Next Generation has a better future than the past we inherited.

This is our call to service. This isn't about one political candidate or one political figure. This is about us as people coming together to finally leave up to our potential and achieving the great feats that those before us have achieved. This is our moment to lead our nation and our world to greater heights.

Somethings gotta give people and it starts with us the people making it happen. We have to improve our education system in America. We have to rid the world of the HIV/AIDS epidemic. We have to go to the streets and lift a hand to another in order to decrease poverty in this world. We have to take a stand today and make sure that the future of America and the world is brighter than it has ever been.

Somethings Gotta Give and that is why we must "Remember Each One, Reach One and Teach One so America's future and the World's future continues to prosper."

John Legend - "If You're Out There"


If you're out there than you need to get started in helping to change America and the world. The world and America won't change until you get involved in making the changes you want to see in this world. If you're out there, than you must know that tomorrow started now and today started yesterday so you are behind in helping to the change. If you are tired of hatred, racism, poverty, war, and violence than the time to change it is now. If you want universal health care, world peace, democracy for every nation, equal rights, and happiness for all than you must get involved now to help the save world.

You must believe in the change that you want to see and you must act on making that change a reality. If you're out there than say it aloud and show the rest of America and the world that you're out here to make a real positive change in the communities we stay in. If you're out there than get involved now. I'm calling every women and men to join me as we take back our country right here, right now. If you're out there than the future started yersterday and we are already late so we have lots of work to do but I know we can do it together as one.

YES WE CAN



Yes We Can accomplish anything that we set out to do! We don't need charismatic or inspirational leaders to believe in ourselves and to take responsiblity for our own faith, we just need each other. Yes We Can build a new America and a new world if each of us would take action now to make the changes that we want to see in the world. Yes We Can control government by holding our political officials accountable for their actions by calling them out when they don't pass legislation that supports the common good of all man and by voting in every election to ensure that we have people representing the people locally, state wide, nationally and in the world.

Yes We Can be great! Yes We Can be what we want to be! Yes We Can be glorious in not only America but the world! Yes We can put action behind our worlds and change the world starting right here, right now! Yes We Can as Republicans, Democrats and Independents become one as we freely think about our fellow men and women and make decisions that will be in the best interest of all people and not one single group.

Yes We Can be the change that we want to see in the world! Yes We Can show the world that the youth are ready to lead! Yes We Can put our egos, our social economic statuses, our religions, our educational statuses and our skin color to the side for the better good of the world! Yes We Can be Greater than we have ever been and help others be Greater than they have ever be!

YES WE CAN and YES WE WILL BE VICTORIOUS IN ALL THAT WE DO! YES WE CAN, no matter what others may say, we will be glorious! YES WE WILL and YES WE CAN! YES WE CAN!

YES WE CAN! YES WE CAN! YES WE CAN is what will be sung from every mountaintop, every riverbank, every household, every school yard, every factory, every sporting event, every college campus and even every place you can imagine in the world is where YES WE CAN, will be said and heard!

YES WE CAN!

Keep On Pushing - Curtis Mayfield & the Impressions


Wake Up People! No matter who is elected to any public office, we have to “Keep On Pushing” as a people to make sure they don’t leave us in a worst state than what they inherited. We as a people have to “Keep On Pushing” to make a difference in the lives of others. We have to have an “EmPOWERment By Any Means Necessary” attitude as we continue to push our agenda that we the people deserve and want better. We have to “Keep On Pushing” to bring about change in a positive way that will benefit all Americans no matter their age, their religion or skin color. We have to “Keep On Pushing” to bring about change that will improve our education system, improve our military, improve our national security, improve our healthcare system and improve our economy. We have to “Keep On Pushing” to bring about change that will leave America’s future in a better than how we found it and that will leave the world’s future in a better state than we imagined we could live it. We have to “Keep On Pushing” to make life better for our neighborhoods, our families and even our quote on quote enemies. We have to “Keep On Pushing” to inspire, to uplift and to guide those who need help spiritually, physically and mentally. We have to “Keep On Pushing ” so that our lives, our future generation’s lives and the lives of those who came before us does not die in vein.

“Keep on Pushing”

A War For Your Soul

A War For Your Soul-regular version from Erisai Films on Vimeo.


The moment has come for us as a nation of people to finally wake up and realize that our destiny and fate in society has rests on our shoulders. We cannot allow the forces of evil and darkness to drain us out. We have to continue to overcome all odds in order to make the future of our nation better and the future of future generations of Americans better. We have to continue to pray to our Lord and we have to continue to uplift each other in prayer as well as take action against those things that are trying to destroy us. We have to stand up once and for all and be the future that we want to be. Now is our time and we shall do together by any means necessary.

This video was created to inspire young African-Americans not to fall prey to some of the problems they face in society. The use of the voice "Master of Darkness" represents evil, which is where the blame of all problems should be placed, and not on any one group of people. This video should not to be used to divide people (Black & White), there are images of heroes that are white in this video, and there are images of Black & White coming together with the words of Dr. King in the background. Some of the images from the past can be unsettling, but they are used to show all Americans how far we have come, and how far we still have to go. This film is being strategically placed in school systems, churches and youth orgs around the country, in hope of helping a lost generation of kids that we as Americans have forgotten. As fellow Americans we must continue to love each other, and take that love and spread it to the rest of the world. **THIS VIDEO IS NOT FOR SALE & I AM NOT ACCEPTING DONATIONS FOR THE FILM, I ONLY WANT THE MESSAGE TO REACH AS MANY PEOPLE AS POSSIBLE WITHOUT ANY HIDDEN POLITICAL OR FINANCIAL AGENDA.
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Sitting On the Dock of the Bay by Otis Redding



"The time for sitting is over! The time for action is now! The time for hope without action is hopeless! The time for change without a positive attitude is a change that we can't believe in! We need change that is positive of helping all people! Our time for action is now, our time for hope is now, our time for change is now and our time to believe that we can do whatever we set our minds to is not now but right now!"

STAR SPANGLED BANNER


The Star-Spangled Banner by Francis Scott Key

O say, can you see, by the dawn's early light,
What so proudly we hailed at the twilight's last gleaming?
Whose broad stripes and bright stars through the perilous fight,
O'er the ramparts we watched were so gallantly streaming;
And the rocket's red glare, the bombs bursting in air,
Gave proof through the night that our flag was still there;
O say, does that star-spangled banner yet wave
O'er the land of the free, and the home of the brave?


On the shore dimly seen through the mists of the deep,
Where the foe's haughty host in dread silence reposes,
What is that which the breeze, o'er the towering steep,
As it fitfully blows, now conceals, now discloses?
Now it catches the gleam of the morning's first beam,
In full glory reflected now shines on the stream;
'Tis the star-spangled banner; O long may it wave
O'er the land of the free, and the home of the brave!

And where is that band who so vauntingly swore
That the havoc of war and the battle's confusion
A home and a country should leave us no more?
Their blood has washed out their foul footsteps' pollution.
No refuge could save the hireling and slave,
From the terror of flight and the gloom of the grave;
And the star-spangled banner in triumph doth wave
O'er the land of the free, and the home of the brave!


O! thus be it ever, when freemen shall stand
Between their loved homes and the war's desolation!
Blest with victory and peace, may the heav'n-rescued land,
Praise the power that hath made and preserved us a nation.
Then conquer we must, for our cause it is just.
And this be our motto— "In God is our trust; "
And the star-spangled banner in triumph shall wave
O'er the land of the free, and the home of the brave.

Black President



Our Time is not now but Right Now! Our Time has finally come to change the world not now but Right Now! If you don't believe that we can change the world than watch as we do it by changing your mind into believing in us and what we can do! This is OUR TIME RIGHT HERE, RIGHT NOW!

FIGHT THE POWER



We got to FIGHT THE POWER! We can no longer sit on the sidelines and watch injustices take place. We can no longer sit by and allow our right to vote to become unexercised. We must FIGHT THE POWER for our past, present and future! We can no longer allow our rights to be oppressed and our voice to become drained by the powers at be. We must FIGHT THE POWER and show that we have a lot to say that needs to be heard by the mainstream media. We must FIGHT THE POWER and live up to our potential as dynamic, unbelievable and phenomenal people.


We must not believe the hype but we must become the hype. We are not Harriett Tubman, Marcus Garvey, MLK, Malcolm X, Booker T. Washington, Carter G. Woodson, W.E.B. DuBois, the Black Panther Party, SNCC, or any other activists but we are the fathers, mothers, sons, daughters, uncles, aunties, and relatives of those who came before us to pave the way for us to FIGHT THE POWER! We are not next Generation of leaders who will not be honored and praised until they die but that’s the fight we accept. We are not fighting the power for glory or fame but we are fighting the power for just causes that most men and women will not understand until years or decades later.


We are fighting for our sisters and brothers in Darfur, Georgia, Iraq, Iran, China and Mexico. We are speaking for those who are poor and have no food or water. We are fighting for those who are sick and dying. We are fighting for universal healthcare across the world and human rights for all people. We are fighting for rich and poor! We must FIGHT THE POWER no matter how hard and tough the road may be. We must FIGHT THE POWER for a better today and an even greater tomorrow!


FIGHT THE POWER!

PEOPLE GET READY


“People Get Ready” our time is coming! We have come too far to turn back now. Our train is coming and it is coming in waves. “People Get Ready”, we don’t need a ticket but we need faith and the Lord will help guide us as we take back America and the world. “People Get Ready” our moment is now and we are ready to see the change we want in America and the world. All we got to do is have faith, hope and prosperity. “People Get Ready” to face your fears. “People Get Ready” to face your demons and the challenges of yesterday because today and tomorrow we will conquer & be victorious. “People Get Ready” a change is coming and our actions will make sure that change is a real positive change that lasts forever.


“People Get Ready” because we have had enough of just talking but now is our time to show action. “People Get Ready” to take back America and the world. “People Get Ready” to take back our communities and to make our streets safer and schools better. “People Get Ready” to make all our dreams come true. “People Get Ready” to see a better present for everyone and a better future for future generations. “People Get Ready” to live up to your potential and to help others live up to their own potential. “People Get Ready” to move past hatred, bigotry, racism and sexism. “People Get Ready” to fulfill the dreams of those who came before us and those who will come after us.


“People Get Ready” as we make our actions speak louder than our words. “People Get Ready” to make words mean something again as we put action to back up our rhetoric. “People Get Ready” as we embark on a new journey that will re-write America’s history as well as the world’s history. “People Get Ready” as we make the lives of others better and the lives of future generations better. “People Get Ready” because all we need is faith, hope and action to make this world a better place. “People Get Ready” to make a difference. “People Get Ready” to fulfill the American dream. “People Get Ready" to live out the American Dream as our founding fathers wanted us to live it. “People Get Ready” because our time is now, our moment is now and our moment in time to change America & the world is not now but right now. “People Get Ready” because a change is coming!


Alicia]
(Let me tell you now)
People get ready, there's a train comin'
You don't need no baggage, you just get on board
All you need is faith to hear the diesels hummin'
You don't need no ticket, you just thank the lord

[Lyfe]
People get ready, for a train to Jordan
Picking up passengers coast to coast
Faith is the key, open the doors and board them
There's hope for all among those loved the most

[Alicia]
There ain't no room for the hopeless sinner
Who would hurt all man kind just to save his own (believe me now)
Have pity on those whose chances grow thinner
For there's no hiding place against the kingdoms throne

[Alicia & Lyfe]
So people get ready there's a train coming
You don't need no baggage, you just get on board
All you need is faith to hear the diesels humming,
You don't need no ticket, you just thank the lord


“PEOPLE GET READY!”

God Bless the U.S.A. by Lee Greenwood


Lee Greenwood-god bless the U.S.A