1st Monday Club of Anderson

invites you to attend
lunch
Monday, October 8th

Anderson Area YMCA

with special guest speaker

U.S. Senator Jim DeMint

Box lunches provided by Chick-Fil-A of Anderson. We will begin serving at 11:45 for early arrivals. $10 per person. Program begins at 12:10 and concludes at 1:00 p.m.

Please feel free to invite a friend or colleague to attend. We ask that you RSVP by Friday, October 5th. Questions? Call 226-3299.

THE conference on Apologetics and Christian Worldview

Josh McDOWELL Dinesh D’SOUZA Eric METAXAS Hank HANEGRAAFF Mark MITTELBERG J.P. MORELAND Gary HABERMAS . . . and more!

The Truth for a New Generation Conference is part of Project 2026, a 15-year initiative to preserve America and restore her to the Christian principles upon which the United States was founded. Project 2026 will involve over 100,000 churches, plus organizations, ministries and individuals. The Truth for a New Generation Conference engages not only Millenials, but it’s for all age groups as everyone will learn how to defend a relevant Christian faith in today’s culture – join the thousands that have attended Alex McFarland’s apologetics conferences every year and register today!

SAVE THE DATE TO EXPERIENCE APOLOGETICS LIKE NEVER BEFORE!

September 28-29, 2012 Spartanburg, SC

Brought to you by: North Greenville University

The Circle of Socialism: The Real Story of “Quantitative Easing” and the Federal Reserve
Posted by Josh Kimbrell on Sep 14, 2012
America’s got a massive deficit and debt problem. On that, most folks can agree. How it happened, however, is something many aren’t so certain to say.
The process of running up a $16 trillion Federal deficit may seem complex and convoluted, but it’s really no more complicated than the average American family swimming in a sea of credit card debt. The same principles are at play, and the same mistakes are being made.
Government, like most households, finances its spending in one of two ways: income (in the form of taxes for government / salaries and wages for households) or through the use of debt (Treasury securities for the government / credit cards, student loans, car loans, etc. for households).
The responsible government and/or household strives to make the ends meet by using the income coming in, all the while striving to stay away from the use of debt. Deficits come when debt is treated like income and as like it never needs to be repaid.
Despite their similarities, however, there are several major financial differences between our Federal government and the average household. The biggest of these differences is the ability of the Federal Reserve to print the money to pay back the government’s debt obligations. Where households actually have to earn the cash they need to pay back their debt obligations, the government just fires-up the printing press. This means that, ultimately, we all pay for fiscal irresponsibility in Washington in the form of devalued dollars, which lead to higher prices on everything from corn flakes to clothes and a lower standard of living.
Here’s how DC’s debt cycle works:
First, Congress blows over a trillion dollars more every year than the Federal government takes in through tax revenue.
Then, the US Treasury Department issues bonds to securitize the debt (remember, the bond is the credit card of the government), then the Treasury sells these bonds to investors to raise the capital needed to pay for this out-of-control spending by the Congress and President.
Now, the question becomes: who buys the bonds? Since the Treasury has issued trillions of dollars in new bonds since Barack Obama became president, private investors are less interested than ever before.
This is where the Federal Reserve comes into play: they print money out of thin air to buy bonds no one else wants to touch.
Since the stimulus packages and big government bailouts began back in 2008, the Federal Reserve has been the single largest purchaser of bonds issued by the Treasury. This is a telltale sign that investors in this country, as well as abroad, have very little appetite to continue bailing out an out-of-control government in Washington.
It’s also important to point out that the Federal Reserve doesn’t take in tax revenue, so they have to come up with the money to buy Treasury bonds by just creating it out of thin air. They just make (quite literally in this case) the money they need to buy the bonds no one else will buy.
So, the cycle of socialism is the following:
Congress blows the money.
The Treasury issues bonds to raise money to cover spending by Congress.
The Federal Reserve prints the money needed to buy the bonds from the Treasury.
If it sounds nice and tidy, trust me, it’s not.
There have been other governments in modern history that have tried this same sort of scheme, with predictable results. The German Weimar Republic gave it a whirl, destroyed their economy and ended up with Adolf Hitler. The Greeks gave it a go, only to find themselves going down the road to economic oblivion. Just two examples of what not to do that policymakers in Washington seem unwilling to heed.
Hyperinflation is the inherent result of printing money from thin air, and this is a de facto tax on the American people.
Think about it, if the government prints money to pay their own bills, that destroys the value of money already in circulation. We call that process of monetary debasement, inflation. That means that the dollars in each of our pockets are becoming more and more worthless as the printing presses keep printing. This goes back to the fact that everything from corn flakes to clothes more expensive for American consumers.
So, the circle of socialism, wherein an over-promising, big spending Federal government attempts to cover for their financial mismanagement through the printing of cash (something far less popular than outright tax increases) which actually has the same effect as a tax hike. The lasting effect is less purchasing power for American families, which translates into hampered economic demand and sluggish economic growth.
I’m in no way advocating tax hikes, but I am suggesting that we start focusing on spending cuts. If we don’t, inflation will make us feel like we’ve had a tax hike…and I think we’re taxed enough already.

We later found out that this person had 15 arrest warrants, one for attempted murder.
Anderson Independent Mail
Woman allegedly posing as doctor arrested at senator’s pharmacy By Nikie Mayo

ANDERSON — A woman allegedly posing as a doctor to get prescription pain pills was arrested Thursday at an Anderson legislator’s pharmacy. Sen. Kevin Bryant said he caught the woman himself.

Bryant represents Senate District 3 in the South Carolina legislature and owns a pharmacy on Anderson’s North Main Street that bears his name.

The identity of the woman arrested and the Anderson Police Department incident report were not immediately available.

Bryant, a pharmacist, said that he took the woman’s call and that she requested 180 Lortab, the maximum amount that can be dispensed at once. “That amount of medication would be for a patient in serious pain — a cancer patient or a person with major back pain,” Bryant said.

Bryant said the woman identified herself as a doctor in a Greenville practice.

“She gave the name of a real doctor in a real practice,” he said. “But the name she gave was for someone we have dealt with infrequently, so we didn’t automatically know that she wasn’t telling the truth.”

Bryant said he became suspicious of the woman when he asked her for the license number assigned to her by the U.S. Drug Enforcement Administration, which shows that she is allowed to prescribe narcotics.

“Usually, a doctor never knows that number,” Bryant said. “They either have their assistants give it to us or they get real irritated when we ask for it and they say, ‘Hold on, let me look it up.’

“She knew that number so quickly, off the top of her head,” Bryant said. “That raised a red flag.”

Bryant said he called the Anderson Police Department and the South Carolina Department of Environmental Control.

“The police said for us to keep her busy once she got here,” he said. “I’ve got to hand it to my technicians, who were asking her what kind of pills she wanted and what color she wanted so it would stall her. We saw the plainclothes officer arrive, and he arrested her.”

Bryant said he reviewed his records after the woman was arrested Thursday and is trying to figure out if she might have given the names of at least two other doctors to obtain prescription medication from his pharmacy during the course of several years.

“We haven’t dealt with this person very much, but it is kind of embarrassing as we look back and see that she may have tricked us before,” he said. “It’s a shame these people don’t do something legitimate, because they are very smart. They would be very good at legitimate work.”