Damage control is without question the top industry to be in these days.As events continue to unfold that are unfavorable to the power grabs of our leaders,they must attempt to deflect your attention elsewhere.
As per usual,this information is available ahead of time for those that seek it.The climate change e-mail scandal?Merely a validation that junk science is behind global warming as has been exposed for years.But only if you looked for it.Darn,sure makes this story I'm reading in the National Geographic about it kind of irrelevant.
Nowadays even Obama speaks of the coming double dip recession matter of factly.The story of Dubai possibly defaulting on it's debt obligations sent a "shudder" thru the global financial markets.Why?Have they been only reading the Bernanke Green Shoots Times?Again,the info on the core issues that are unresolved,and in fact covered up,behind the global economic meltdown is out there and predicted.But only if you want it.
Why,even the the QE2 might be for sale by the Emirate to pay on it's debt.I say the U.S. should snap that baby up and let's put the 111th version of Congress on board for a holiday cruise.However,they can't return to port until they change course,politically speaking.Doesn't the thought of Pelosi and Reid sharing a stateroom curl your toes?
The FHA is now aligning itself for a bailout due to it's fiscally irresponsible lending practices.I suppose no one will have seen this coming either.And you could go on and on with these things that we can see right now today,but you'll hear different.
On a local note,people are disgusted with Comcast for raising rates to cover the cost of the digital conversion.People return equipment and blame them based on principle.However,have we forgotten that the only reason for this is Government intervention?It was the Federal Government that mandated the changeover to digital,not the cable companies.Why should Comcast eat it?As with the cost of all Government regulations,these costs are passed on to the consumer as an indirect tax.
So,it's business as usual.We must be ever vigilant in reading between the lines and filtering thru the spin generated by our politicians.Do your research.The info is available for the upcoming global meltdown.The real one this time as last years was just a warm-up.More to come...
Saturday, November 28, 2009
Tuesday, November 24, 2009
What's $98 billion?
It seems the GDP growth wasn't quite so robust as originally touted down to 2.8% from 3.5%.As I scan around the media this is mostly advertised as just a tad lower than the original estimate.
Ummmm hello,we have a $14 trillion dollar economy so a .7% decrease is nearly a $100 billion dollar shift.That is the cavalier attitude with which Washington throws around our tax dollars,however.
Very similar I'm sure to the defense the WH will use with the climate change scandal.Isolate it to just a few fringe scientists with no real impact on the bigger picture.Certainly they won't just lay down now.More to come...
Ummmm hello,we have a $14 trillion dollar economy so a .7% decrease is nearly a $100 billion dollar shift.That is the cavalier attitude with which Washington throws around our tax dollars,however.
Very similar I'm sure to the defense the WH will use with the climate change scandal.Isolate it to just a few fringe scientists with no real impact on the bigger picture.Certainly they won't just lay down now.More to come...
Friday, November 20, 2009
U.S. National Debt Clock : Real Time
Need a slap in the face wake-up call to get moving?This should do the trick!
U.S. National Debt Clock : Real Time
U.S. National Debt Clock : Real Time
Sunday, November 15, 2009
End of the planet rescheduled?
Did I misunderstand?Gordon Brown declared we only had 50 days to save the planet at the Copenhagen climate change conference next month.2009,2010,what's the difference?
http://af.reuters.com/article/worldNews/idAFTRE5AE0FP20091115
Who would thought that political timing is what is driving global warming as opposed to actual science?So it looks like the Bonn conference next summer will become the new deadline to save the planet.The U.S. takes the blame for gumming up the works.Obviously,the Obama agenda issues here at home are not going quite as planned.I hear the talk about trading $1 trillion in military hardware to write down some of our China debt.Perhaps the China angle is the real factor here as well because they have been the real issue in getting all the major players to agree on emmissions reductions levels.More to come...
http://af.reuters.com/article/worldNews/idAFTRE5AE0FP20091115
Who would thought that political timing is what is driving global warming as opposed to actual science?So it looks like the Bonn conference next summer will become the new deadline to save the planet.The U.S. takes the blame for gumming up the works.Obviously,the Obama agenda issues here at home are not going quite as planned.I hear the talk about trading $1 trillion in military hardware to write down some of our China debt.Perhaps the China angle is the real factor here as well because they have been the real issue in getting all the major players to agree on emmissions reductions levels.More to come...
Saturday, November 14, 2009
Michigan's lost decade
A very revealing chart,courtesy of the fine folks at Mackinac.org.,which shows the results of the Granholm era.Lots of grandious annoucements and job promises and awards,yet providing dismal results.More to come...
Friday, November 13, 2009
Derivatives market soaring again!
The global OTC (over the counter) derivatives market is up 10% in the last 6 months to a mind numbing $605 trillion dollars.Wow!That's a number that even the Obama wealth redistribution team would have a hard time spending.Thats's roughly $90,000 for every person on the planet just in this trading market.Of course,this is mostly funny money thanks to our fractional reserve banking friends at the B.I.S. (Bank for International Settlements which is the central bank for global central banks).
This includes some of our favorite players in the economic collapse of last year like credit default swaps and various other hedge funds.Is is any wonder where most of the mystery money the Fed has been lending out is going?The main players here are commercial banks,investment banks,hedge funds and GSE's (government sponsored enterprises i.e.-Freddie mac and Fannie Mae).
We don't know how much or to whom the money goes to when it's snuck out the back door of the Fed and I really don't see Bernanke coming clean.Barney Frank has already indicated he will water down the Ron Paul bill to audit the Fed.We'll hear tough talk from Chris Dodd and Barney Frank about moving oversight and regulatory authority away from the Fed and to a new government agency.Gee,anyone see a potential problem here?More to come...
This includes some of our favorite players in the economic collapse of last year like credit default swaps and various other hedge funds.Is is any wonder where most of the mystery money the Fed has been lending out is going?The main players here are commercial banks,investment banks,hedge funds and GSE's (government sponsored enterprises i.e.-Freddie mac and Fannie Mae).
We don't know how much or to whom the money goes to when it's snuck out the back door of the Fed and I really don't see Bernanke coming clean.Barney Frank has already indicated he will water down the Ron Paul bill to audit the Fed.We'll hear tough talk from Chris Dodd and Barney Frank about moving oversight and regulatory authority away from the Fed and to a new government agency.Gee,anyone see a potential problem here?More to come...
Thursday, November 12, 2009
Pay $$$ or pay with hardtime
Purchase healthcare insurance or face fines and/or imprisonment up to 5 years.This is the Obama/Pelosi view of fairness.Let's take a look.If I choose to not comply,I will be punished regardless of whether or not I ever require medical care and impose a burden on the rest of society.This is fair?
Obama is making the claim that each American families insurance premiums are increased an average of $1,000 annually due to the cost of covering care for uninsured Americans.He has since modified this to state that the $1,000 includes insurance premiums,taxes and other related costs.
He is using numbers provided by Families USA which is a lobbyist group.They state the number is actually $1,017 per family,although this is highly disputed.For the sake of argument,we'll go along with this.
I did a quick check of FBI statistics and found a study from 1992.Yes,it's almost 20 years old,so it's safe to assume these numbers are quite low.They found that the unreimbursed cost of a crime to victims was an average of $524.
So,don't buy healthcare insurance and you will be fined and potentially imprisoned regardless of whether or not you ever require care.However,commit a violent crime and based on 2004 estimates,you face approx. 5 years in state prison.Based on the sentencing,we can equate the crime of not purchasing healthcare insurance to that of a violent crime.And I'll bet if you locate updated numbers on crime costs,you would find that victims of crime also face a financial hit of roughly the same cost as the Families USA report.
The point being there is no legislation in place to reimburse victims of crimes financially so why is the healthcare issue such a travesty?Isn't it the actions of the criminal that the rest of society is paying for?Look at something as simple as the ice fishermen who require rescue each spring from the thin ice.They never should have been out there,yet they get rescued free of charge.
Society must pay to maintain these rescue crews.No doubt,you could come up with many comparable scenarios where everyone pays the cost of the negligence of the few,and nothing is being done about it.Yet,Pelosi and Obama want criminal treatment without knowing if you would ever impose a burden or not.Hypocrisy 101.More to come...
Obama is making the claim that each American families insurance premiums are increased an average of $1,000 annually due to the cost of covering care for uninsured Americans.He has since modified this to state that the $1,000 includes insurance premiums,taxes and other related costs.
He is using numbers provided by Families USA which is a lobbyist group.They state the number is actually $1,017 per family,although this is highly disputed.For the sake of argument,we'll go along with this.
I did a quick check of FBI statistics and found a study from 1992.Yes,it's almost 20 years old,so it's safe to assume these numbers are quite low.They found that the unreimbursed cost of a crime to victims was an average of $524.
So,don't buy healthcare insurance and you will be fined and potentially imprisoned regardless of whether or not you ever require care.However,commit a violent crime and based on 2004 estimates,you face approx. 5 years in state prison.Based on the sentencing,we can equate the crime of not purchasing healthcare insurance to that of a violent crime.And I'll bet if you locate updated numbers on crime costs,you would find that victims of crime also face a financial hit of roughly the same cost as the Families USA report.
The point being there is no legislation in place to reimburse victims of crimes financially so why is the healthcare issue such a travesty?Isn't it the actions of the criminal that the rest of society is paying for?Look at something as simple as the ice fishermen who require rescue each spring from the thin ice.They never should have been out there,yet they get rescued free of charge.
Society must pay to maintain these rescue crews.No doubt,you could come up with many comparable scenarios where everyone pays the cost of the negligence of the few,and nothing is being done about it.Yet,Pelosi and Obama want criminal treatment without knowing if you would ever impose a burden or not.Hypocrisy 101.More to come...
Stress breakdown disclaimer
I would just like to go on record now that it's not my fault for anything bad I may do.I am a victim.I have no idea how I came to be a victim,but obviously I can't be responsible.
Not to mention,I am a really bad person in todays PC world.I am a white man.I am a veteran.I am a christian.I own guns.I used to work for the post office.I used to work for Ford.I used to work in an air traffic control tower.
Wow!If that doesn't make me a prime candidate to blow a gasket,I don't know what does.So don't do anything to push me over the edge.More to come...
Not to mention,I am a really bad person in todays PC world.I am a white man.I am a veteran.I am a christian.I own guns.I used to work for the post office.I used to work for Ford.I used to work in an air traffic control tower.
Wow!If that doesn't make me a prime candidate to blow a gasket,I don't know what does.So don't do anything to push me over the edge.More to come...
Wednesday, November 11, 2009
Thanks Vets!
As a proud USAF vet,I think we need to honor the sacrifices of veterans throughout the history of our great country in 2 ways.Just say thanks to one today for one.2nd,we must take on those making policy today that would undermine our liberty that so many gave their lives for.Unthinkable that so many would throw it away so easily,but it's a sad reality.More to come...
Monday, November 9, 2009
Nationwide sit down strike by taxpayers!
Sound a little radical?Perhaps,but desperate times call for desperate measures,right?It's laid out quite nicely in the Declaration of Independence that not only is it our right,but our duty to throw off such government when the abuses get out of hand.
Only a small minority would make the claim that government is not out of control.Yet,most will simply complain about it and still take it.It's different than healthcare.Everyone agrees that reform is needed and wants it to happen.Vast differences,of course,are in the details.
The tea parties were a nice starter.That may evolve into a 3rd party.We've been down this road before and I see no reason why the results would be much different.A nice twist and certainly it keeps things more interesting,but the 2 major parties will still control.At least for years to come.
We really need events of this magnitude.They needn't be violent.But they must be drastic in scale so they cannot be marginalized.Government officials have never had,in our lifetime,a cold water splash to the face to check their arrogance.
This would have effects felt globally immediately and you would see fantastically quick action.It would only need to be short-term and mostly symbolic in nature,but I guarantee you wouldn't be ignored.More to come...
Only a small minority would make the claim that government is not out of control.Yet,most will simply complain about it and still take it.It's different than healthcare.Everyone agrees that reform is needed and wants it to happen.Vast differences,of course,are in the details.
The tea parties were a nice starter.That may evolve into a 3rd party.We've been down this road before and I see no reason why the results would be much different.A nice twist and certainly it keeps things more interesting,but the 2 major parties will still control.At least for years to come.
We really need events of this magnitude.They needn't be violent.But they must be drastic in scale so they cannot be marginalized.Government officials have never had,in our lifetime,a cold water splash to the face to check their arrogance.
This would have effects felt globally immediately and you would see fantastically quick action.It would only need to be short-term and mostly symbolic in nature,but I guarantee you wouldn't be ignored.More to come...
Sunday, November 8, 2009
A dark day for liberty
We still must wait for the formalities of the Senate version,then the compromise final bill,and finally the rubber stamp from Obama.All are guaranteed,we just don't know the specifics or dates yet.It is assured that this era will go down in history as one of the final nails in the coffin of liberty as the healthcare bill passes.
I'm in my 40's and I've always been a little detached reading the history books about epic events in the history of America.The revolution,the civil war,slavery,the industrial revolution,the great depression,the world wars.These events are compelling,fascinating reading about how we came to be where we are today.
Now,our generation will have contributed to the volume on social entitlement programs that exchange freedom for dependency on government.We already have the failures of social security and medicare/medicaid to draw upon,yet the progressives have mastered the magic formula for when to strike upon the fears and weaknessess of everyday Americans to steal away another slice of liberty.
Always under the guise of compassion and enacted in times of duress,these sinister programs are permanent now and those that are victim to them don't have an alternative any longer.Even if they realize one day what has happened to them and their freedom,it's too late in the game to change it.
It's rather ironic that we are already setting the stage for the next phase.It may be decades again,or not,but the massive costs and huge amounts of fraud and corruption are assured with healthcare and will be used as justification for some other takeover of a portion of our liberty just as we hear of medicare today.
These events were sealed in fate on election day last year.It was predicted by many just as the future power grabs will be.Human nature certainly isn't too hard to predict particularly when power and greed and the corruption of the human soul is involved.
Unfortunately,these shortcomings must be too much for us to overcome.Every great society has imploded eventually despite having history as a guide and apparently we will be no different.These societies have all had naysayers and prophets to warn of these events to no avail.Is it possible to reverse course?I certainly have no answer,only hope that real change will occur.More to come...
I'm in my 40's and I've always been a little detached reading the history books about epic events in the history of America.The revolution,the civil war,slavery,the industrial revolution,the great depression,the world wars.These events are compelling,fascinating reading about how we came to be where we are today.
Now,our generation will have contributed to the volume on social entitlement programs that exchange freedom for dependency on government.We already have the failures of social security and medicare/medicaid to draw upon,yet the progressives have mastered the magic formula for when to strike upon the fears and weaknessess of everyday Americans to steal away another slice of liberty.
Always under the guise of compassion and enacted in times of duress,these sinister programs are permanent now and those that are victim to them don't have an alternative any longer.Even if they realize one day what has happened to them and their freedom,it's too late in the game to change it.
It's rather ironic that we are already setting the stage for the next phase.It may be decades again,or not,but the massive costs and huge amounts of fraud and corruption are assured with healthcare and will be used as justification for some other takeover of a portion of our liberty just as we hear of medicare today.
These events were sealed in fate on election day last year.It was predicted by many just as the future power grabs will be.Human nature certainly isn't too hard to predict particularly when power and greed and the corruption of the human soul is involved.
Unfortunately,these shortcomings must be too much for us to overcome.Every great society has imploded eventually despite having history as a guide and apparently we will be no different.These societies have all had naysayers and prophets to warn of these events to no avail.Is it possible to reverse course?I certainly have no answer,only hope that real change will occur.More to come...
Friday, November 6, 2009
Stop the insanity!
Where is Susan Powter when you need her?Unprecedented levels of debt.Double digit unemployment.Michigan has lost half a million citizens since Granholm took office.Those were mostly skilled and educated workers.Companies are slashing their research and development budgets.Two-thirds of Americans were either unemployed or had their wages cut in the past year.Education funding is being slashed.Manufacturing continues to move overseas.Nearly 4 million jobs lost since Obama was sworn in.
Yet where are our priorities?Global warming in which we would have to have zero fossil fuel emissions for 31 years straight to reduce the global temperature 1 degree.The agreement being considered in Copenhagen has a 2% of GDP fine for polluting nations to pay annually.A mere $280 billion for the US.GITMO.Healthcare in which we wouldn't see benefits for years as the tax money must be collected first and we would still have millions uninsured anyway.Amnesty for illegal aliens-coming next year.
Everthing isn't dire requiring a bailout and the Government to save us.Did you hear about CIT going bankrupt?Who is CIT,you may ask?Only the nations leading lender to small business.We threw $2.3 billion down the toilet in bailout funds to them and they went bankrupt anyway.Sounds like GM and Chrysler.Now CIT is simply reorganizing under bankruptcy and life goes on.
How much more before someone actually addresses the economy?Not the stimulus jobs saved garbage being spewed out,actual incentives for business.Unfortunately,business investors know there are massive tax increases coming along with high interest rates.Guaranteed to kill growth and keep unemployment high.These business people hold the key to turning around the economy and they see thru the spin that comes out of the White House.The fact is,it's been easy to fool the public.I actually heard a 'hope and change' believer on CNBC say today that he's glad we finally hit 10% unemployment just to get it over with so it would turn around.Huh?As if gravity will now kick in to bring it back down to earth.With foolish analysis such as that,it's no wonder where were headed.More to come...
Yet where are our priorities?Global warming in which we would have to have zero fossil fuel emissions for 31 years straight to reduce the global temperature 1 degree.The agreement being considered in Copenhagen has a 2% of GDP fine for polluting nations to pay annually.A mere $280 billion for the US.GITMO.Healthcare in which we wouldn't see benefits for years as the tax money must be collected first and we would still have millions uninsured anyway.Amnesty for illegal aliens-coming next year.
Everthing isn't dire requiring a bailout and the Government to save us.Did you hear about CIT going bankrupt?Who is CIT,you may ask?Only the nations leading lender to small business.We threw $2.3 billion down the toilet in bailout funds to them and they went bankrupt anyway.Sounds like GM and Chrysler.Now CIT is simply reorganizing under bankruptcy and life goes on.
How much more before someone actually addresses the economy?Not the stimulus jobs saved garbage being spewed out,actual incentives for business.Unfortunately,business investors know there are massive tax increases coming along with high interest rates.Guaranteed to kill growth and keep unemployment high.These business people hold the key to turning around the economy and they see thru the spin that comes out of the White House.The fact is,it's been easy to fool the public.I actually heard a 'hope and change' believer on CNBC say today that he's glad we finally hit 10% unemployment just to get it over with so it would turn around.Huh?As if gravity will now kick in to bring it back down to earth.With foolish analysis such as that,it's no wonder where were headed.More to come...
Thursday, November 5, 2009
Civic duty calls
I think the time has come to fly our flags at half staff daily until Obama has been shown the door.The assault on our liberty has never been greater for most of us.
It's really been a stretch on the jobs saved claims,even by Obama standards.There are seemingly endless accounts of ridiculous claims such as cost of living adjustments counting as jobs saved.I have to wonder if the WH was subtracting jobs saved for each American who had their hours cut or wages reduced.Somehow I doubt that.
So now we have the "consumer option" replacing the "government option".Very fitting along the lines of "climate change" replacing "global warming".I think it's time to rename "nuclear power" as "green power".Why not?If that's all it takes to pacify a liberal...
Any doubts left about AARP now that they have jumped on the Obama healthcare bandwagon?If you wondered if the seniors were main priority,now you know for sure that's just for show.
I still marvel at how many buy into the Obama job saved claims.Teachers,firefighters,policeman,etc. all have had jobs saved.All absolutely necessary jobs for sure,but why can't anyone ask where the funding comes from for their paychecks?Private citizens tax revenue maybe?Why not save these private sector jobs,Obama?
I leave you with this quote from the Declaration of Independence.
"But when a long train of abuses and usurpations, pursuing invariably the same object evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security."I think it's time for the citizens of this country to realize the responsibility they carry in exchange for the freedom afforded by our Constitution.Many acknowledge it is their civic duty to vote and do so faithfully.We must also take this step to stop the despot before he destroys our liberty permanently.More to come...
It's really been a stretch on the jobs saved claims,even by Obama standards.There are seemingly endless accounts of ridiculous claims such as cost of living adjustments counting as jobs saved.I have to wonder if the WH was subtracting jobs saved for each American who had their hours cut or wages reduced.Somehow I doubt that.
So now we have the "consumer option" replacing the "government option".Very fitting along the lines of "climate change" replacing "global warming".I think it's time to rename "nuclear power" as "green power".Why not?If that's all it takes to pacify a liberal...
Any doubts left about AARP now that they have jumped on the Obama healthcare bandwagon?If you wondered if the seniors were main priority,now you know for sure that's just for show.
I still marvel at how many buy into the Obama job saved claims.Teachers,firefighters,policeman,etc. all have had jobs saved.All absolutely necessary jobs for sure,but why can't anyone ask where the funding comes from for their paychecks?Private citizens tax revenue maybe?Why not save these private sector jobs,Obama?
I leave you with this quote from the Declaration of Independence.
"But when a long train of abuses and usurpations, pursuing invariably the same object evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security."I think it's time for the citizens of this country to realize the responsibility they carry in exchange for the freedom afforded by our Constitution.Many acknowledge it is their civic duty to vote and do so faithfully.We must also take this step to stop the despot before he destroys our liberty permanently.More to come...
Tuesday, November 3, 2009
Predictability 101
Just a casual evening at the White House.Obama spending some time helping the kids with their homework and then maybe relaxing with his wife watching a movie.No time whatsoever for watching election returns.Yeah,right.
Gibbs is in full damage control mode trying to downplay todays election results as just an insignificant blip.Strange that the President has made time to personally campaign for these people,particularly with so much on his plate-Nobel peace prize,cap and tax,health care,2 wars,unemployment,etc.
One would think he would at least take a casual interest in the results after having invested so much time and effort.Can't the spinmeisters come up with something a little more believable?Couldn't they have arranged a mini-crisis to explain away the Presidents availability?
Have the recount drumbeats begun yet?With the Corzine corruption crew,Obama,ACORN,SEIU and no doubt more groups involved in tilting the playing field,it would seem likely if it's close at all.Gee,I heard a rumor of a car with a trunkful of Corzine absentee ballots parked under an ACORN tree in front of the local SEIU hall.More to come...
Gibbs is in full damage control mode trying to downplay todays election results as just an insignificant blip.Strange that the President has made time to personally campaign for these people,particularly with so much on his plate-Nobel peace prize,cap and tax,health care,2 wars,unemployment,etc.
One would think he would at least take a casual interest in the results after having invested so much time and effort.Can't the spinmeisters come up with something a little more believable?Couldn't they have arranged a mini-crisis to explain away the Presidents availability?
Have the recount drumbeats begun yet?With the Corzine corruption crew,Obama,ACORN,SEIU and no doubt more groups involved in tilting the playing field,it would seem likely if it's close at all.Gee,I heard a rumor of a car with a trunkful of Corzine absentee ballots parked under an ACORN tree in front of the local SEIU hall.More to come...
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