Sunday, August 28, 2011



Gone Fishin' until Monday, September 5th.
But keep those cards and letters coming. And those comments, too! I will post and reply to comments upon my return to Phoenix, Airheadzona.

~ D-FensDogg
'Loyal American Underground'



"…Congressman Ron Paul... you appear to have consistent principled integrity. Americans don't usually go for that."
~ Jon Stewart

True to their lobotomized nature, the Americonned People further jacked up their country in the last presidential election.

Paying undue attention to the Illuminati-controlled, mind-conditioning mainstream media, including so-called “conservative” Talk Radio (think: NeoCon deceivers like Rush Limboob, Hugh Hewitt, and Michael Medved) the people were first convinced that “The Champion Of The Constitution”, Doctor Ron Paul, couldn’t win. So in the primary election, they threw their bone to the dog, John McCain – the McLame, ossified candidate who was essentially the McSame as getting another George W(ish I had a brain) Bush.

McSame (in a sickeningly and overtly undignified attempt to steal the female vote) McLamely selected squeaky-voiced, cheerleader-like Sarah Palin as his running mate. But even Sarah “Social Conservative/Big Dreams & Big Guv’ment Schemes” Palin couldn’t save McSame’s sorry ass.

Prior to McSame’s desperate and revolting running mate selection, Ron Paul was asked if he would accept an invitation to run alongside McSame as his vice presidential candidate. Ever true to his commitment to the U.S. Constitution, Doctor Paul said he would not. (Although phony Palin snatched that offer faster’n you can say “Bridge To Nowhere”.)

And then, of course, the rest is history: the lying, Marxist, un-American half-Black half-wit, Barack “Birth Certificate-less” Obama, went on to hand John McSame an electoral college butt-beatin’.

How many times did we hear a sports announcer say, “Brett Favre would sure like to have that pass back!”? But one seldom gets a chance to correct their biggest mistakes, to take a mulligan, get a do-over.

However, the Americonned People are in rare luck: Ron Paul is running for president again. The intelligence-challenged people from sea to shining sea in “the land of the enslaved and the home of the illiterate, the unprincipled and the depraved”, have been given a second chance to undo their previous error and to choose correctly this time. Let’s hope they don’t muck it up AGAIN!

In a sincere effort to “wisen-up” the Americonned Populace, I have posted below a number of relevant videos – none of them too terribly long, so as not to further tax anyone’s already over-taxed grey matter nor cut into their precious “reality”-television time or keep them away from that all-important novel they’re reading about flying monkeys, buxom vampires, or boy wizards.

If this first video doesn't make you want to stand up and cheer, you can kiss my red, white, and blue behind:

Yes, this last one is about 10-minutes long. Gosh-dang it! Please watch it anyway. It totally nails down the situation exactly! :

“The truth is that, while we won the Cold War with political and economic Communism, we lost the war with cultural Marxism, which now is dominant. Those of us who are traditionalists, we are the counterculture."
~ Pat Buchanan

~ Stephen T. McCarthy

YE OLDE COMMENT POLICY: All comments, pro and con, are welcome. However, ad hominem attacks and disrespectful epithets will not be tolerated (read: "posted"). After all, this isn’t, so I don’t have to put up with that kind of bovine excrement.

Monday, August 22, 2011


Who is Harrison J. Bounel?

Dogged if I know.

But he might be a Marxist.

And he might be a Muslim.

And he might be living in The White House.



Analyst Confirms 'Harrison J. Bounel' Identity Getting Scrubbed From Databases


~ Stephen T. McCarthy

YE OLDE COMMENT POLICY: All comments, pro and con, are welcome. However, ad hominem attacks and disrespectful epithets will not be tolerated (read: "posted"). After all, this isn’t, so I don’t have to put up with that kind of bovine excrement.

Saturday, August 20, 2011


Yes, true . . . dogging, deriding, and denigrating Phoenix, Airheadzona, has almost become a pastime of mine. I don’t like cops much to begin with either (let’s agree to call every one of them “Officer Dunkin” - unless it’s an “Officeress Dunkinette”).

And I particularly don’t care for a media-whore like Sheriff Dunkin Arpaio, who never met a TV camera he didn’t lust after, who undoubtedly delights in his label “America’s Toughest Sheriff”, and who loves the attention he gets from making inmates at his infamous Tent City jail wear pink boxers and eat green baloney.

Having said that, I must admit that Sheriff Dunkin Arpaio has met with my approval over two issues recently: 1) In defiance of the Federal traitors in Washington D.C., his hard-nosed, no-nonsense approach to illegal immigrants who are overrunning his Airheadzona district, and 2) this most recent piece of news . . .

It seems that Sheriff Dunkin Arpaio is contemplating undertaking an investigation into whether or not Barack “USAP” Obama has committed a felony by releasing a fraudulent birth certificate to the Americonned People and should therefore have his eligibility as a 2012 presidential candidate in Maricopa County questioned.

Frankly, I’ll be rather surprised if Arpaio doesn’t just milk this topic for all it’s worth (seeing the sort of attention B.O.’s B.C. issue garnered for Donald Trump), and then passes the buck when he thinks he’s extracted all the media coverage he can get from it. But I hope I’ve underestimated him.

You go, Arpaio! C'mon, prove me wrong, Donut Boy TV-Hound!

Here’s the story as it appears at World Net Daily:


Lawman Responds To Request From Local Tea-Party Leaders

Posted: August 18, 2011
9:20 pm Eastern
© 2011 WND

MARICOPA COUNTY, Ariz. --  At the request of tea-party leaders in Arizona, famed Maricopa County Sheriff Joe Arpaio has agreed to examine evidence challenging the validity of Barack Obama's purported long-form birth certificate in a determination of the president's eligibility for the 2012 election ballot.

Tea party leaders in Surprise, Ariz., met with Arpaio and WND senior reporter Jerome Corsi Thursday morning to express concern that a fake birth certificate would be used to document the president's eligibility to run in Maricopa County, where Arpaio is the chief law-enforcement officer.

Arpaio's tough crackdown on illegal immigration has made him a national figure.

At a one-hour meeting in Arpaio's office, the tea-party leaders presented the sheriff with a petition that was drafted after a speech by Corsi the previous night. Corsi, author of a best-selling book challenging Obama's eligibility, "Where's the Birth Certificate?", presented evidence from numerous computer-imaging specialists who believe the document presented by the White House April 27 is not authentic.

Arpaio explained in a statement that he has agreed to "simply look at the evidence these people have assembled and examine whether it is within my jurisdiction to investigate the document's authenticity."

"I indicated in this meeting that I will also consider whether there is a more appropriate Arizona agency to determine the document's veracity and ultimately whether the president's name can lawfully be entered onto the 2012 election ballot," Arapaio said.

At a gathering Wednesday night of more than 325 people, sponsored by the Surprise Tea Party Patriots of Surprise, Ariz., and the Liberty Through Action organization, 242 signatures were gathered on the petition, which requested that Arpaio begin a criminal investigation.

The petition calls for the sheriff to investigate the possibility that a crime has been committed against the Arizona secretary of state, who must decide whether to put Obama's name on the ballot.

Arpaio told the tea-party leaders that he expects political pressure, but he pointed out that as the chief law enforcement officer of Maricopa County, he's taken an oath to respond to citizens who approach him about enforcing the law.

Maricopa County Sheriff's Office Lt. Justin Griffin confirmed to WND that Arpaio is "waiting to receive all the documentation and all the investigative material from Dr. Jerry Corsi, and then he will look into the matter and compare it to the Arizona revised statutes."

The petition states:

We the undersigned citizens are respectfully requesting that you initiate a criminal investigation under the authority of A.R.S. 13-2407 A-C, Into the alleged Certificate of Live Birth, File Number 151 61 10641, State of Hawaii, for Barack H. Obama II. The document was released on April 27, 2011, by the White House to the press and posted on the White House website and distributed and downloaded by computer throughout the nation, including within Maricopa County. Reportedly, several experts have declared the document to be a forgery.

Reportedly, the file number may be out of sequence; "THE" appears to be misspelled as "TXE" in the State Registrar's stamp; there appears to be a "smiley face" in the "A" in the Alvin T. Onaka, State Registrar stamp; reportedly the document has computer generated, multiple layers and is not a copy of a single layered document; font types appear to vary throughout the document, reportedly, not possible with a vintage 1961 mechanical typewriter.

We urge you to continue to support the Rule of Law and to investigate and determine whether the alleged Certificate of Live Birth, for Barack H. Obama II, File Number 151 61 10641, is a forgery or an authentic document. A.R.S. 13-2407 A-C, declares that tampering with a public record is a class 6 felony.

"I think what we've seen is history created today," said Surprise tea-party leader Brian Reilly. "This is probably the first time in this country that citizens have gone to a sheriff over a national issue."

Reilly said he's "extremely grateful" that Arpaio will look into the matter is "hopeful that this will achieve what we're expecting to achieve on this issue, which is the truth."

"We're trying to get to the truth," he emphasized.

[Sheriff Dunkin Arpaio second from left.]

~ Stephen T. McCarthy

YE OLDE COMMENT POLICY: All comments, pro and con, are welcome. However, ad hominem attacks and disrespectful epithets will not be tolerated (read: "posted"). After all, this isn’t, so I don’t have to put up with that kind of bovine excrement.

Thursday, August 18, 2011




Anybody with at least two brain cells to rub together already knows that the long-form birth certificate that the Marxist Muslim in the White House presented to the Americonned People last April is patently fraudulent.

And perhaps it doesn’t bother you as much as it bothers me that an innocent American soldier, Lt. Col. Terrence Lakin, “was sentenced at a court-martial to six months in prison [at Fort Leavenworth] for his decision not to follow deployment orders because Obama had failed to document his eligibility to be commander in chief of the armed services.”

(And, of course, when USAP finally did produce [read: "create"] a birth certificate, it turned out to be a phony, proving that Lt. Col. Lakin was RIGHT not to follow the orders of a phony commander in chief!)

OK, I get it – you’re exhausted and disheartened by all this yak about the bogus birth certificate. Fine. We’ll forget the birth certificate – for a moment – and shift gears a bit. Instead, let’s talk about Obama’s bogus Social Security Number. THAT’S RIGHT! You hadn’t heard about that one, eh? No wonder, seeing as how our mainstream media watchdogs refuse to touch it!

Everything about USAP Obama is a lie. He’s not an American; he’s a Marxist. He’s not a Christian; he’s a Muslim. He doesn’t really have a Hawaiian birth certificate, and he isn’t using an authentic, authorized, valid (let's just call it "legal") Social Security Number.

The World Net Daily article below (slightly edited by me) will explain that last part. For the full story and additional videos, click the headline link to the WND website:


'You Better Probe A Little Harder To Make Sure The Identity You're Dealing With Is A Real Identity'

Posted: August 11, 2011
9:00 pm Eastern
By Joe Kovacs
© 2011 WND

President Obama's potentially criminal use of a mysterious, Connecticut-based Social Security Number should become an important issue in his quest for re-election in 2012, says a former presidential candidate and ambassador in Ronald Reagan's administration.

Alan Keyes, who most recently sought the Republican nomination in 2008, discussed concerns about why Obama has a number reserved for Connecticut applicants, despite the president's never having lived in the Constitution State.

The first three digits of Obama's SSN are 042. That code falls within the range of numbers for Connecticut, which according to the Social Security Administration has been 040 through 049.

"I believe that when you are confronted with a situation that is filled with these kinds of – what shall we call them – anomalies, disparities, it is reasonable common sense to want to try to get straight answers," said Keyes.

"If you're trying to ascertain whether or not somebody ought to be sitting with, as they used to say, their finger on the button of nuclear weapons that can blow up the world, their power extending to decisions that can collapse our economy, their influence extending to areas that can destroy the standards and moral conscience of our people in the eyes of the world, I think you might want to know who they were. It might be a good idea!"

Keyes' comments came during an online interview with Stan Solomon, as he addressed an issue that has been avoided by the White House and almost completely ignored by national news agencies.

"Let's say that you're trying to establish someone's identity for the purposes of an investigation and you come across a Social Security Number that has that person coming from a state that all the other records of their life indicate they've never been to," Keyes explained.

"I think you would look at that as an anomaly that suggests, among other things, that you better probe a little harder to make sure that the identity that you're dealing with is a real identity – that it's not something that's been in some sense fabricated for some particular purpose, because one of the things you want to do if you're tracking somebody down is make sure you're tracking them down, not following some phony figment down to dead ends. That's common sense."

Keyes thinks there are many Americans who are aware of this Social Security Number mystery and simply can't understand why it's not being addressed.

"Is it incompetence? Is it cowardice?" he asks rhetorically. "Is it just indifference and nonchalance of this elite in the courts and in politics, in the Congress and elsewhere?"

Steve Davis, police chief for Southport, Ind., was a co-host on the program, chiming in, "If anyone believes Barack Obama is gonna make an identity-theft commercial soon, forget it. It's not gonna happen."

In June 2010, WND's Washington correspondent, Les Kinsolving, asked former Obama Press Secretary Robert Gibbs specifically why Obama had a Connecticut-based SSN despite not having lived there, but Gibbs completely dodged the question and changed the subject, lamenting about inquiries over Obama's birth certificate.

[Be sure you watch this two-minute video in which Robert Gibbs does a wonderful impersonation of a stuttering Porky Pig, just before he uses the old 'bait & switch' tactic, dodging the question altogether and then heading quickly for the door. You don't think there's a cover-up going on about Obama's Social Security number? Just wait 'til you see THIS video!]

"There is obviously a case of fraud going on here," said private investigator Susan Daniels. "In 15 years of having a private investigator's license in Ohio, I've never seen the Social Security Administration make a mistake of issuing a Connecticut Social Security number to a person who lived in Hawaii. There is no family connection that would appear to explain the anomaly."

Just this week, a California lawyer who has been leading the legal effort to probe Obama's SSN made some progress in Hawaii.

As WND reported, attorney Orly Taitz secured an order from United States District Court Magistrate Judge Richard L. Puglisi demanding representatives of the Hawaii Department of Health appear in federal court Sept. 14 to show why Taitz should be prevented from seeing whatever original 1961 documents the agency has on record regarding Barack Obama's birth.

To date, most national media have refused to even mention the question of Obama's possibly fraudulent Social Security Number.

On April 27, the day Obama released a scanned image of what he claims to be his long-form birth certificate from Hawaii, MSNBC host Lawrence O'Donnell angrily shouted down Taitz to prevent her from exposing on national television what she claims is Obama's Social Security crime…

Also in April, some 11 months after WND began publicizing Obama's Connecticut-based SSN, Bill O'Reilly of the Fox News Channel briefly addressed the issue while reading his viewer mail on the air.

Unfortunately for O'Reilly, the news anchor falsely asserted the president's father lived in Connecticut.

In his viewer email segment April 13, O'Reilly was asked: "What about Obama having a Connecticut Social Security Number? He never lived there."

"His father lived in Connecticut for several years," O'Reilly claimed, adding that "babies sometimes get numbers based on addresses provided by their parents."

In reality, there is no evidence Barack Obama Sr. ever lived in Connecticut. He left Hawaii in 1962 to study at Harvard in Massachusetts and then returned to his home country of Kenya.

When WND publicized O'Reilly's major error, the information vanished from the Fox News Channel's website, as well as

The website, responding to complaints by Fox podcast customers that O'Reilly's Social Security claim, broadcast on Fox, had gone missing from the audio archive, trumpeted the headline: "Busted: Fox News scrubbed Bill O'Reilly's 4/13 mailbag segment on Obama's Social Security Number reserved for Connecticut applicants." The site added, "Not only did Fox News scrub the podcast, they also left out the viewer email about Obama's Social Security number at O'Reilly's website. I report, you decide!"

Related Links:


Declares: 'Arrest B. Obama Or Arrest Me' In Dispute About Presidential Eligibility

In a case that recalls the months-long challenge to Obama's eligibility by Lt. Col. Terrence Lakin, the noncommissioned officer, Daryn J. Moran, said he had stopped reporting for duty at Landstuhl Regional Medical Center.

He reported he would return when Obama "provides a birth certificate which stands up to professional examination."

"I've read the reports about President Obama. His birth certificate has been proven, to my satisfaction, proven false, fraudulent and a forgery," Moran wrote. [Continued in full-length article at WND.]


3 Experts Insist White House Answer New Questions About Documentation

Two private investigators working independently are asking why President Obama is using a Social Security number set aside for applicants in Connecticut while there is no record he ever had a mailing address in the state.

In addition, the records indicate the number was issued between 1977 and 1979, yet Obama's earliest employment reportedly was in 1975 at a Baskin-Robbins ice-cream shop in Oahu, Hawaii. [Continued in full-length article at WND.]

~ Stephen T. McCarthy

YE OLDE COMMENT POLICY: All comments, pro and con, are welcome. However, ad hominem attacks and disrespectful epithets will not be tolerated (read: "posted"). After all, this isn’t, so I don’t have to put up with that kind of bovine excrement.

Monday, August 15, 2011


My friend Br'er Marc - who knows more about political reality than do you, your husband, your dog, your cat, your gold fish, and your white picket fence and big, flat-screen TV all put together - sent me the following article. You should read it and investigate its claims if you have even the slightest doubt about whom you ought to vote for in the next presidential election:

by Thomas Woods
AMES, IOWA - August 11, 2011 -

Once again, Ron Paul distinguished himself in a Republican presidential debate by telling Americans the truth, answering the questions he was asked, and refusing to treat his countrymen like ten-year-olds who should be spoken to in bumper-sticker slogans.

On the economy, everyone talked about lower taxes, cutting spending, and a balanced budget - the usual boilerplate. Only Ron Paul sought to explain why we have recessions in the first place. Only Ron Paul mentioned the critical role of the Federal Reserve System in blowing up the bubbles that have popped in America over the past decade. Only Ron Paul explained that the monetary system we have, whereby money can be created out of thin air whenever the political class wants it, is a recipe for the very kind of disaster we are living through right now.

To be sure, former House Speaker Newt Gingrich had some critical words for particular Fed policies, but surely his recent criticism of the Fed is one of the exceedingly rare times, if not the only time, he has made serious mention of the Federal Reserve in over three decades in public life.

The only reason any of them will even talk about the Fed is Ron Paul, who took the issue from the depths of obscurity and turned it into a live issue for the first time in the nearly one hundred years of the Fed's existence.

But where Congressman Paul really stood out, of course, was in foreign policy. He dismissed the comments of the neoconservative former U.S. Senator Rick Santorum as "war propaganda," which indeed Senator Santorum can be relied upon to parrot at every opportunity. He explained that the history of U.S. relations in Iran did not begin with the hostage crisis in 1979, as Senator Santorum tried to pretend. It began with the U.S./British coup in 1953 that brought the oppressive shah to power, and it was resentment over his police state that turned Iranians against the U.S. Before the U.S. government's interventions in the Middle East, Americans had an excellent reputation in that part of the world - another piece of history our political class ignores.

Our delicate ears are not supposed to hear the kinds of things Ron Paul told Americans tonight. We're supposed to hear "USA! USA!" We are supposed to be flattered, told our leaders have infallible judgment, and urged to believe that anyone who questions that judgment, or who thinks anyone around the world might have a legitimate grievance against the American political class, "hates America." Given how many grievances we Americans have with our political class, is it really so hard to imagine that other people might, too?

Everyone on the stage wanted to talk about budgets, but only Ron Paul pointed out that the wars are costing trillions of dollars, with a sixth war being seriously contemplated. This is pure insanity, and the only person who will level with the American people about it is Ron Paul.

It's hard to imagine one person being so consistently and thoroughly vindicated as Congressman Paul. On the economy in particular, he has been warning for decades about the certain outcome of our monetary system and economic policies. The world is now beginning to undergo the exact convulsions he predicted would result.

Ron Paul is the only person on that stage who has the slightest grasp of what is happening in America and around the world right now. All they can do is repeat GOP talking points. Ron Paul knows the economics and the history inside and out.

Dr. Paul, who is often too humble even to say "I," rarely points out in such a setting that he, alone among the candidates on stage, had been so prophetic about all this. That is where Revolution PAC comes in. We're not humble at all. We intend to brag about Ron Paul like crazy. It is a scandal that Americans could even consider another candidate when a man of the intelligence and integrity of Ron Paul stands before them. He alone told us what was coming. He alone can point the way to a better future for America.

Dr. Paul's prophetic words about the economic breakdown we are living through may be the best kept secret in America. At Revolution PAC, we refuse to keep it that way. Please help us spread the message:

~ Stephen T. McCarthy

YE OLDE COMMENT POLICY: All comments, pro and con, are welcome. However, ad hominem attacks and disrespectful epithets will not be tolerated (read: "posted"). After all, this isn’t, so I don’t have to put up with that kind of bovine excrement.

Monday, August 8, 2011



Today being my birthday, I received a couple of nice gifts from my flying friend the Aardvark. She warned me in advance, however, that one thing she had sent was quite goofy and that I might not like it.

Might not like it? Pshaw!

Dogged if she don't know me purty dern well.

The White Elephant-type gift the Flyin' Aardvark sent me was a plate. [Can you serve chocolate-covered ants on it?]

As I unwrapped it (she wraps beautifully, by the way), the first thing I saw was the words, "CERTIFICATE OF LIVE BIRTH".

I was already starting to chuckle because I could foresee the direction this was going in. [This couldn't have anything to do with Barack "USAP" Obama, could it?]

I tore away the rest of the paper and the whole plate [as seen in the photo above] was revealed. And it read:

The Good News:
Wally finds Barack Obama's birth certificate.

The Bad News:
He finds it in Roswell, New Mexico.

It's good to be the Birthday Boy who has friends with a good sense of humor!

~ Stephen T. McCarthy

YE OLDE COMMENT POLICY: All comments, pro and con, are welcome. However, ad hominem attacks and disrespectful epithets will not be tolerated (read: "posted"). After all, this isn’t, so I don’t have to put up with that kind of bovine excrement.

Tuesday, August 2, 2011


There is only one 2012 presidential candidate running in either of the two major political parties who is deserving of the vote from a genuine, patriotic American citizen. That candidate is, of course, RON PAUL.

Nothing will change my opening sentence, regardless of who else might eventually enter the presidential race. Sarah Palin? Donald Trump? Your Aunt Fannie? Makes no difference. All the other candidates are either Marxists, Socialists, Phony Constitutionalists, and/or bought and paid for agents of the International Bankers. Ron Paul is the only conservative running, because he is the only candidate who wants to strictly conserve (read: “save”) the U.S. Constitution - the document that once made America the greatest country in the world. My, how the mighty has fallen! And it’s ALL because we abandoned the brilliant document conceived by our brilliant Founding Fathers.

It is not in the best interest of the International Bankers that you learn what Ron Paul stands for. Therefore, you can be certain that the International Banker-controlled mainstream media will ignore Ron Paul as much as possible, and mock and denigrate him at every turn. The lamestream media will minimize Ron Paul's presence in the 2012 presidential race to the exact degree that it can get away with it.

But when you are finally ready to concede that what the other Republican presidential candidates are offering is just “more of the same” cloaked in pseudo-conservative jargon, and you are ready to jettison the diseased dogma that you’ve been fed for decades by both the Democrat and Republican parties, then you will finally be able to make your vote really count as a step backward – toward the Constitution – which will be a step forward – toward a better, more prosperous American future.

I offer, as Exhibit A, the following article, posted on the World Net Daily website July 28, 2011. Written by David Kupelian, it is titled . . .


Suppose you were so broke – I mean so hopelessly in debt – that in just a few days your money would run out and you'd find it difficult just to stay in your home and feed your family.

But then, miraculously, you discovered a large stash of money you had completely lost sight of, but which would easily take care of all your family's expenses for the rest of the year, giving you plenty of precious time to figure out how best to deal with your long-term financial situation?

Wouldn't that be cool?

Of course. And that's exactly the kind of overlooked money stash the United States government has at its disposal – right now. Stay with me.

Washington today is dominated by the daily melodrama, propaganda and brinksmanship of the debt-ceiling debate. The Republican House is operating in good faith, but is opposed by the modern federal government's other major branches – the Senate, the White House and the Propaganda Ministry (aka "mainstream media").

The city is approaching panic level. Minnesota congresswoman and GOP presidential candidate Michele Bachmann correctly notes that Obama, should he invoke a rogue interpretation of the 14th Amendment and bypass Congress to raise the debt ceiling on his own authority, "would effectively be a dictator." Likewise, Florida Rep. Debbie Wasserman Schultz, chair of the Democratic National Committee, absurdly accuses House Republicans of the same thing, imposing "dictatorship" on the country while trying to "spark panic and chaos."

So here's the question: With this game of cosmic chicken currently being played with its myriad plans – "Cut, Cap and Balance," the "Gang of 6 plan," Harry Reid's plan, Boehner's latest plan and so on – what about the remarkably simple and painless plan offered by GOP presidential candidate and Texas congressman Ron Paul?

Oh. You never heard about that one?

Neither have most people – in fact, it seems to be entirely absent from the debate in Congress.

When I called Paul's D.C. office this morning to ask why his plan hadn't gotten more traction, communications director Rachel Mills told me, "It's too bad it wasn't taken more seriously than, say, dependent seniors not getting Social Security checks. We heard plenty about that."

Here's the plan in a nutshell: Out of the current $14.3 trillion federal debt we keep hearing is rapidly approaching the congressionally approved borrowing limit, over $1.6 trillion of that sum is money you and I "owe" to the Federal Reserve, in the form of bonds the Fed bought from the U.S. Treasury over the last couple of years in implementing its controversial "quantitative easing" policy.

Paul, chairman of the House Financial Services Subcommittee on Domestic Monetary Policy and arguably more knowledgeable about monetary policy than any other member of Congress, says just don't pay it back, because it's not a real debt.

Here's how Time magazine senior writer Stephen Gandel explains the Paul plan you've never heard of:

Paul's plan starts with the Federal Reserve. In the last year or two the Fed has been buying up U.S. Treasury bonds in an effort to lower interest rates and boost the economy. The most recent round of that buying has been dubbed QE2, and has come under a good deal of criticism, though most economists agree that it was a generally helpful policy. The result is that the Fed now holds nearly $1.7 trillion in U.S. debt. But that is really phony debt. The Treasury pays the interest on the debt on behalf of the U.S. government to the Fed, which in turn returns 90 percent of the payments it gets back to the Treasury. Nonetheless, that $1.7 trillion in U.S. bonds that the Fed owns, despite the shell game of payments, is still counted in the debt ceiling number, which caps that amount of total federal debt at $14.3 trillion.

Paul's plan: Get the Fed and the Treasury to rip up that debt. It's fake debt anyway. And the Fed is legally allowed to return the debt to the Treasury to be destroyed. A trillion and a half dollars is currently about what spending is expected to exceed tax revenue in 2011.

So, dissolving the phony debt the government (remember, that means you and me) "owes" the Federal Reserve would cover all our government's expenses, when added to expected tax revenues, for the rest of the year.

Now, Ron Paul is a big opponent of the Federal Reserve; in fact he favors its abolition. So does his debt plan require the end of the Fed, and would it therefore be favored only by Fed critics?

Not at all. Even left-of-center economist Dean Baker, co-director of the progressive Center for Economic and Policy Research, says it's a good idea. Here's how Baker explains it:

The basic story is that the Fed has bought roughly $1.6 trillion in government bonds through its various quantitative easing programs over the last two and a half years. This money is part of the $14.3 trillion debt that is subject to the debt ceiling. … Each year, the Fed refunds the interest earned on its assets in excess of the money needed to cover its operating expenses. Last year the Fed refunded almost $80 billion to the Treasury. In this sense, the bonds held by the Fed are literally money that the government owes to itself.

Unlike the debt held by Social Security, the debt held by the Fed is not tied to any specific obligations. The bonds held by the Fed are assets of the Fed. It has no obligations that it must use these assets to meet. There is no one who loses their retirement income if the Fed doesn't have its bonds. In fact, there is no direct loss of income to anyone associated with the Fed's destruction of its bonds. This means that if Congress told the Fed to burn the bonds, it would in effect just be destroying a liability that the government had to itself, but it would still reduce the debt subject to the debt ceiling by $1.6 trillion. This would buy the country considerable breathing room before the debt ceiling had to be raised again.

Judge Andrew Napolitano, on his excellent Fox Business show "Freedom Watch," plugged the Paul plan twice this week. "With respect to the Fed," intoned the judge, "Congressman Ron Paul has recently pointed out nearly $2 trillion of the $14.3 trillion in national debt is owed to the government's own bank – that would be the Federal Reserve. That should be defaulted first; it's money the government owes itself."

And as Paul himself commented recently: "We owe, like, $1.6 trillion because the Federal Reserve bought that debt, so we have to work hard to pay the interest to the Federal Reserve," Paul said. "We don't, I mean, they're nobody; why do we have to pay them off?"

In fact, last month, Paul told CNN that the world's investors would likely regain confidence in the U.S. were it to wipe out the debt owed to the Fed: "They'll say, 'Hey, they've just reduced the deficit by over a trillion dollars, now they can handle it. They can go back to meeting their other obligations,'" Paul said. "It might give some reassurance to the market."

OK, if this is such a great idea, doesn't require new taxes, doesn't require controversial spending cuts and buys us valuable breathing room, why is almost no one even talking about it?

Good question. Critics have grasped at anything and everything that could conceivably go wrong to discredit Paul's plan: "Ron Paul's plan is just an accounting gimmick." "Paul's plan to tear up T-notes would lead to inflation." "I would think that could indeed cause liquidity problems for banks for low excess reserves." And get this one: "There is no practical difference between raising the debt ceiling with this debt ostensibly outstanding and lowering the debt outstanding by canceling it in order to create space under the existing debt ceiling, except that the Fed loses some flexibility in managing the money supply."

Like what?! You've got to be kidding.

You're telling me that my children and your children are going to have to slave for decades to earn $1.6 trillion to "pay back" a private banking cartel whose stockholders are the nation's best-kept secret, and all because you're worried about possibly causing "liquidity problems for banks for low excess reserves" or the Fed "los[ing] some flexibility in managing the money supply"?

Do you have any clue how much money a trillion dollars is? Let me help you out: If you had gone into business on the day Jesus Christ was born, and your business lost a million dollars every day, 7 days a week, 365 days a year, it would take you until October of 2737 to lose $1 trillion.

Here's another way to think of it: Spending money at the rate of one dollar every single second, or $86,400 every day, it would take you nearly 32,000 years to spend $1 trillion.

But it takes the Fed only the time required for the requisite keystrokes to create this kind of money out of nothing. Seriously, even the proverbial printing press is no longer required to create what we call "printing press (fiat) money." It's just a computer entry. But it takes your children and grandchildren umpteen generations of blood, sweat and tears to earn this kind of money.

It's a phony debt. It should not be "repaid" – not now, not ever. So why is there no discernible debate in Congress over Rep. Ron Paul's plan?

The Federal Reserve has devalued our currency – once "as good as gold" – 95 percent since its founding a century ago. It has also caused many major economic downturns during that same period, including, as Fed Chairman Ben Bernanke himself has admitted, the Great Depression. Here's a chance to finally get a little benefit from this troublesome institution.

Republicans in the House: Is anybody home?


OK, People, for the sake of your children’s and your grandchildren’s future, go out and make your vote for president really count for something positive this time. We’ve had enough of the empty, one-word slogans, and the phony conservative rhetoric! We need a man in the White House who genuinely understands the problems America faces and who is able to propose workable solutions that originate from “outside-the-box” thinking – that is, the “box of debt” in which we've been ensnared by the slick machinations of International Bankers who take us for fools and who beat us like they own us (which, sadly, they currently do!)

RON PAUL  For President In 2012 
Click HERE.

[Who's A Constitutionalist And Who Ain't?]

~ Stephen T. McCarthy

YE OLDE COMMENT POLICY: All comments, pro and con, are welcome. However, ad hominem attacks and disrespectful epithets will not be tolerated (read: "posted"). After all, this isn’t, so I don’t have to put up with that kind of bovine excrement.