Thursday, December 29, 2011

Saturday, December 24, 2011

Tuesday, November 22, 2011

2012 Chevy Volt

Impressive engineering, but an expensive auto
2012 Chevy Volt | Eric Peters Autos

Thursday, November 10, 2011

Thursday, October 20, 2011

Wednesday, October 19, 2011

Bill Clinton talks to Simon Schama

He is a talker, smart guy and one you have to respect
Bill Clinton talks to Simon Schama - FT.com

Ottawa seeks leniency for Canadians in U.S. tax hunt

The United States is vowing relief soon for thousands of law-abiding Canadians caught up in a global hunt for tax cheats who stash money offshore.

Ottawa seeks leniency for Canadians in U.S. tax hunt - The Globe and Mail

Why daily low dose aspirin for heart attack protection should be discouraged

Wow.... was always told that aspirin was good for the heart. Answer....Not!
We really need to investigate the drug company claims for their products.
Why daily low dose aspirin for heart attack protection should be discouraged

Saturday, October 15, 2011

Solyndra Came Close to Landing Navy Deal - WSJ.com

I trust everything will become clear as to exactly the funding deal that Solyndra managed to get from the US taxpayers.
Solyndra Came Close to Landing Navy Deal - WSJ.com

Look out for Fascist Policies....Change was Promised and is Happening



The Eight Marks of Fascist Policy
Lew Rockwell
Lew Rockwell
John T. Flynn, like other members of the Old Right, was disgusted by the irony that what he saw, almost everyone else chose to ignore. In the fight against authoritarian regimes abroad, he noted, the United States had adopted those forms of government at home, complete with price controls, rationing, censorship, executive dictatorship, and even concentration camps for whole groups considered to be unreliable in their loyalties to the state.

After reviewing this long history, John T. Flynn proceeds to sum up with a list of eight points he considers to be the main marks of the fascist state.

As I present them, I will also offer comments on the modern American central state.

Point 1. The government is totalitarian because it acknowledges no restraint on its powers.

This is a very telling mark. It suggests that the US political system can be described as totalitarian. This is a shocking remark that most people would reject. But they can reject this characterization only so long as they happen not to be directly ensnared in the state’s web. If they become so, they will quickly discover that there are indeed no limits to what the state can do. This can happen boarding a flight, driving around in your hometown, or having your business run afoul of some government agency. In the end, you must obey or be caged like an animal or killed. In this way, no matter how much you may believe that you are free, all of us today are but one step away from Guantanamo.

As recently as the 1990s, I can recall that there were moments when Clinton seemed to suggest that there were some things that his administration could not do. Today I’m not so sure that I can recall any government official pleading the constraints of law or the constraints of reality to what can and cannot be done. No aspect of life is untouched by government intervention, and often it takes forms we do not readily see. All of healthcare is regulated, but so is every bit of our food, transportation, clothing, household products, and even private relationships.

Mussolini himself put his principle this way: “All within the State, nothing outside the State, nothing against the State.” He also said: “The keystone of the Fascist doctrine is its conception of the State, of its essence, its functions, and its aims. For Fascism the State is absolute, individuals and groups relative.”

I submit to you that this is the prevailing ideology in the United States today. This nation, conceived in liberty, has been kidnapped by the fascist state.

Point 2. Government is a de facto dictatorship based on the leadership principle.

I wouldn’t say that we truly have a dictatorship of one man in this country, but we do have a form of dictatorship of one sector of government over the entire country. The executive branch has spread so dramatically over the last century that it has become a joke to speak of checks and balances. What the kids learn in civics class has nothing to do with reality.

The executive state is the state as we know it, all flowing from the White House down. The role of the courts is to enforce the will of the executive. The role of the legislature is to ratify the policy of the executive.

Further, this executive is not really about the person who seems to be in charge. The president is only the veneer, and the elections are only the tribal rituals we undergo to confer some legitimacy on the institution. In reality, the nation-state lives and thrives outside any “democratic mandate.” Here we find the power to regulate all aspects of life and the wicked power to create the money necessary to fund this executive rule.

As for the leadership principle, there is no greater lie in American public life than the propaganda we hear every four years about how the new president/messiah is going to usher in the great dispensation of peace, equality, liberty, and global human happiness. The idea here is that the whole of society is really shaped and controlled by a single will — a point that requires a leap of faith so vast that you have to disregard everything you know about reality to believe it.

And yet people do. The hope for a messiah reached a fevered pitch with Obama’s election. The civic religion was in full-scale worship mode — of the greatest human who ever lived or ever shall live. It was a despicable display.

Another lie that the American people believe is that presidential elections bring about regime change. This is sheer nonsense. The Obama state is the Bush state; the Bush state was the Clinton state; the Clinton state was the Bush state; the Bush state was the Reagan state. We can trace this back and back in time and see overlapping appointments, bureaucrats, technicians, diplomats, Fed officials, financial elites, and so on. Rotation in office occurs not because of elections but because of mortality.

Point 3. Government administers a capitalist system with an immense bureaucracy.

The reality of bureaucratic administration has been with us at least since the New Deal, which was modeled on the planning bureaucracy that lived in World War I. The planned economy — whether in Mussolini’s time or ours — requires bureaucracy. Bureaucracy is the heart, lungs, and veins of the planning state. And yet to regulate an economy as thoroughly as this one is today is to kill prosperity with a billion tiny cuts.

This doesn’t necessarily mean economic contraction, at least not right away. But it definitely means killing off growth that would have otherwise occurred in a free market.

So where is our growth? Where is the peace dividend that was supposed to come after the end of the Cold War? Where are the fruits of the amazing gains in efficiency that technology has afforded? It has been eaten by the bureaucracy that manages our every move on this earth. The voracious and insatiable monster here is called the Federal Code that calls on thousands of agencies to exercise the police power to prevent us from living free lives.

It is as Bastiat said: the real cost of the state is the prosperity we do not see, the jobs that don’t exist, the technologies to which we do not have access, the businesses that do not come into existence, and the bright future that is stolen from us. The state has looted us just as surely as a robber who enters our home at night and steals all that we love.

Point 4. Producers are organized into cartels in the way of syndicalism.

Syndicalist is not usually how we think of our current economic structure. But remember that syndicalism means economic control by the producers. Capitalism is different. It places by virtue of market structures all control in the hands of the consumers. The only question for syndicalists, then, is which producers are going to enjoy political privilege. It might be the workers, but it can also be the largest corporations.

In the case of the United States, in the last three years, we’ve seen giant banks, pharmaceutical firms, insurers, car companies, Wall Street banks and brokerage houses, and quasi-private mortgage companies enjoying vast privileges at our expense. They have all joined with the state in living a parasitical existence at our expense.

This is also an expression of the syndicalist idea, and it has cost the US economy untold trillions and sustained an economic depression by preventing the postboom adjustment that markets would otherwise dictate. The government has tightened its syndicalist grip in the name of stimulus.

California and Bust

It is starting already.....in California

The financial crisis deepens – many government services people have come to rely on will stop. The government simply won't collect enough tax revenue to pay the pensions, benefits, and salaries of government employees. States and municipalities will declare bankruptcy. Huge cutbacks will take place. Riots and protests (like those going on in New York City and Greece right now) will become commonplace.

California and Bust | Business | Vanity Fair

Monday, October 3, 2011

Two weeks of protests on Wall Street have spawned demonstrations across the U.S — Rick's Picks

Its the beginning.....more to follow. The question is how will the system react this time. Interesting to note the "system"? is actually supporting this as well. I really don't know what is going on. It is beginning to be upside down, inside out situation.
Two weeks of protests on Wall Street have spawned demonstrations across the U.S — Rick's Picks

Wednesday, September 28, 2011

The Attack on Accidental Americans

The US govt attack on its citizens and others being unfortunately Americans
The Attack on Accidental Americans

TROJAN HORSE

Greek govt one year debt yielding 110%
TROJAN HORSE « The Burning Platform

Saturday, September 17, 2011

Back off our taxpayers, Flaherty tells U.S.

Very good for Canadian Finance Minister Flaherty! The US is chasing ghosts for pennies.
Back off our taxpayers, Flaherty tells U.S. | FP Street | Financial Post

Social Security IS a Pyramid Scheme

Looking new....but people are beginning to understand and say something. I wonder when the govt will arrest itself and / or its law makers for creating this faulty scheme.
CARPE DIEM: Social Security IS a Pyramid Scheme

Monday, September 5, 2011

Garbage In, Garbage Out | Do the Math

Energy ....Why energy from waste schemes don't work
The math is simple
Garbage In, Garbage Out | Do the Math

Coddling Illegals

US ...what are you doing? Mixed up you guys are. Rest of the world is wondering what happened to you.
Coddling Illegals - Investors.com

Demand for Food Stamps Remains High - Real Time Economics - WSJ

Wow the number of people that are on food stamps in the US. See it by state.

Range appears to be 1 out 10 is "normal" for the states with some states 1 out of 5 are getting food stamps.

Unbelievable the welfare state that the nation is in.
Demand for Food Stamps Remains High - Real Time Economics - WSJ

Victory for liberty and the right to videotape public officials

Very good outcome! Some protection for citizens. The charges for 41-year old Illinois mechanic Michael Allison who faced 75 year / life jail term for videotaping police should be dropped. Very surprised the elected officials did not change the law that was being abused. Good for the Courts.
Victory for liberty and the right to videotape public officials - On Liberty blog - Boston.com

Tuesday, August 30, 2011

Nashville or Nuremburg?

America is more like .......? Thugs in govt - just missing the brown shirts.
Blog: Nashville or Nuremburg?

Science getting settled on Global Warming

New, convincing evidence what causes global warming. It is caused by cosmic rays and the sun; not humans.

Research from the CERN, the European Organization for Nuclear Research, one of the world’s largest centres for scientific research involving 60 countries and 8,000 scientists at more than 600 universities and national laboratories clearly demonstrates that it is cosmic rays from the sun. The CERN built a chamber that precisely recreated the Earth’s atmosphere. In this chamber, 63 CERN scientists from 17 European and American institutes have demonstrate that cosmic rays promote the formation of molecules that in Earth’s atmosphere can grow and seed clouds, the cloudier and thus cooler it will be. Because the sun’s magnetic field controls how many cosmic rays reach Earth’s atmosphere (the stronger the sun’s magnetic field, the more it shields Earth from incoming cosmic rays from space), the sun determines the temperature on Earth.


Lawrence Solomon: Science getting settled | FP Comment | Financial Post

Taken a peek at the Dollar of late?

It does sort of seem that one should go long the dollar, it could have a short term long trade.

However, I would rather buy real assets than paper.
Kimble Charting Solutions Blog » Taken a peek at the Dollar of late?

How Low Can Gold Go on a Correction?

Very difficult to pick the point. $1700 looks good now, but was expecting $1600

How Low Can Gold Go on a Correction? - Precious Metals - Resource Investor

Friday, August 19, 2011

Janeane Garofalo....what a stupid fool

Janeane Garofalo needs to go to school, she is a stupid fool.  Quick with her words, but they all lack understanding or knowledge.   It is scary that people like her has a large voice that take others with her down the road....but wide is the road that leads to destruction.  


Herman Cain, a great leader, and is black, is a real alternative that needs to be considered.  


He should not be attacked by Janeane Garofalo on the basis of his race.  





At Joe's Cigar Bar - Managing Money

Managing Money - 3 Groups; Spending, Savings and Investing
At Joe's Cigar Bar

Thursday, August 18, 2011

A Few Remarks on Gold and a Chart Update | Acting Man

I have been waiting for that correction on gold like everyone says is coming.

Gold has been just a one way street, heading up. When does one jump in?

A Few Remarks on Gold and a Chart Update | Acting Man

The Euro is Ready to Turn

I'm not sure about that, the the Euro will be heading down. The Euro is showing surprising strength, someone big has to be preferring the Euro over the USD. They probably have too many Dollars and need some thing else.
The Euro is Ready to Turn - Commodities - Resource Investor

Buy Gold Miners? Not So Fast, Says Barbera - Precious Metals

I agree, Gold Miners is not where to put your dollars. They are breaking down as gold and silver are moving up. Remember they are equity and the equity markets are down.
Buy Gold Miners? Not So Fast, Says Barbera - Precious Metals - Resource Investor

Wednesday, August 17, 2011

S&P Slashes US Growth Forecast, Says Current Crisis Is Worse Than 2008 As US At "Risk Of Default", Ridicules "Transitory" | ZeroHedge

More trouble ahead and yet the leaders ignore the problem, thinking they have or are fixing it. They are fools. The problem is too much debt. You need a plan to eliminate or reduce the thing that is creating the problem, which is the high level of debt. The money has been spent. The bank is broke. Now, the spending needs to be addressed.
S&P Slashes US Growth Forecast, Says Current Crisis Is Worse Than 2008 As US At "Risk Of Default", Ridicules "Transitory" | ZeroHedge

Saturday, August 13, 2011

It's the Economy, Dummkopf!

Michael Lewis views on Germany and Europe. Germans are getting very ticked off. ECB may become insolvent however, they believe they have enough gold for awhile to cover.

Just gotta watch out for the big Bang moment!
It's the Economy, Dummkopf! | Business | Vanity Fair

Friday, August 12, 2011

‘Not to own gold is to trust governments’

I agree. However, the big question is when to buy. I thought $900 was high, then $1200. At sometime, one needs to jump in.
‘Not to own gold is to trust governments’ | Investing | Financial Post

This Guy is ticked with Obama

Felonius Munk is ticked with Obama....Language warning.

Tuesday, August 9, 2011

Limbaugh on Market Collapse: Obama Engineering the Decline of America

You gotta wonder! Either this or the guy and his advisors are really stupid. Really, I don't know.
Limbaugh on Market Collapse: Obama Engineering the Decline of America

QE2 AND THE ENSUING DISEQUILBRIUM | PRAGMATIC CAPITALISM

The Fed caused the recent stock market collapse. Hey the Fed is just screwing things up.
QE2 AND THE ENSUING DISEQUILBRIUM | PRAGMATIC CAPITALISM

3 years ago, oil drop $100/bbl

How much will oil drop this time? 3 years ago it was $100/bbl. Same set up. Could have a nice bit of drop here.

The Message From Crude Oil

'War zone' on capital's streets

As the system collapses, this is the start of what happens in the streets. It will not get better.
'War zone' on capital's streets - Yahoo!

Market Panic: Be Brave... Buy Cheap Shares - Yahoo! UK & Ireland Finance

I don't think so....it is starting, the collapse. The leaders are all fools and all mankind wisdom does not know what caused it and how to correct it. These guys are all yahoos. I have been slowly getting ready, but not ready at all. Thought I had more time.
Market Panic: Be Brave... Buy Cheap Shares - Yahoo! UK & Ireland Finance

A CALL TO PRAYER & FASTING FOR OUR COUNTRY: The politicians don’t have any answers

We need to change, big time change. We know that neither politicians, government or business leaders have the answers. We need something much bigger and better. It is not far away. We need to reach out.
A CALL TO PRAYER & FASTING FOR OUR COUNTRY: The politicians don’t have any answers « Joel C. Rosenberg's Blog

Wednesday, August 3, 2011

The 2011 Gold Season is Just around the Corner

Gold has been up 124 months now. Wow! When do you get on the bandwagon?

Frank Talk - The 2011 Gold Season is Just around the Corner

Canada shows U.S. the way on government spending, taxes

Canada is better managed than the US. US govt could learn something from Canada and they need to learn quick.
Lorne Gunter: Canada shows U.S. the way on government spending, taxes | Full Comment | National Post

Wednesday, July 27, 2011

Friday, July 22, 2011

Default Now, or Suffer a More Expensive Crisis Later: Ron Paul - Bloomberg

Ron Paul recommends US default now. Better now than later. Hmmm....got get rid of my US paper for that is all that it is worth.
Default Now, or Suffer a More Expensive Crisis Later: Ron Paul - Bloomberg

Obama Position on the Debt Limit

"The fact that we're here today to debate raising America's debt limit is a sign of leadership failure. Leadership means 'The buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America's debt limit." - Obama - 2006


The GOP was wrong then and Obama was right. Do not increase the debt!

Now today?

Airport Body Scanners and Health - NYTimes.com

From NYT - Questions about how safe Airport Body Scanner are. They are not safe, but pose a risk. You would think there should be a better way to ensure safe flying for the people.
Airport Body Scanners and Health - NYTimes.com

: Obama "Abruptly" Walks Out Of Debt Negotiations | zero hedge

"THIS MAY BRING MY PRESIDENCY DOWN BUT I WILL NOT YIELD ON THIS".... Perhaps Obama may want to put the country ahead of his own interests this one time.

The Petulant Teleprompter: Obama "Abruptly" Walks Out Of Debt Negotiations | zero hedge

How to deal with Flash Mobs

Shocking...Flash Mobs. It is beginning to happen. Some info on what to do it you are caught in one.
How to deal with Flash Mobs | The Modern Survivalist

The UN’s climate of desperation

Climate change man-made? What man has caused is a real mess.
The UN’s climate of desperation | NetRight Daily

Saturday, July 2, 2011

Lindsey Piscitell got caught

Lindsey Piscitell - not a very bright person - here are a three different links
- Beck Does Homework--Another LYING LIBTARD EXPOSED
- Hateful Woman? Lindsey Piscitell
- 912er

Friday, July 1, 2011

Lindsey Piscitell

Lindsey.....what a loser!!
912er

What If the Consensus Is Wrong?

I think this guy has "hit the nail on the head". It seems to be unfolding this way.
Today, one of alert services called for a Sell on Gold. Another newsletter reported that negative rates are on US TBills. Very interesting times.
oftwominds: What If the Consensus Is Wrong?

Saturday, June 25, 2011

Rep. Upton: Obama's Oil Release Leaves US Vulnerable in Emergency

The US Administration is out of touch and behind. Of course we should not be surprised.
Rep. Upton: Obama's Oil Release Leaves US Vulnerable in Emergency

Friday, June 24, 2011

Revoke Media Matters' Tax Status

O'Reilly right on this one.....this is stupid....taxpayers should not be funding this group.
O’Reilly: Revoke Media Matters' Tax Status

The U.S. Monetary System and Descent into Fascism An Interview with Dr. Edwin Vieira - Casey Research

An interview with Dr. Edwin Vieira. The start of the interview is a question as to whether the current US monetary system is constitutional. He had a simple answer.

Edwin Vieira, Jr., holds four degrees from Harvard: A.B. (Harvard College), A.M. and Ph.D. (Harvard Graduate School of Arts and Sciences), and J.D. (Harvard Law School).

For more than thirty years, he has practiced law, with emphasis on constitutional issues. In the Supreme Court of the United States, he successfully argued or briefed the cases leading to the landmark decisions Abood v. Detroit Board of Education, Chicago Teachers Union v. Hudson, and Communications Workers of America v. Beck, which established constitutional and statutory limitations on the uses to which labor unions, in both the private and the public sectors, may apply fees extracted from nonunion workers as a condition of their employment.

He has written numerous monographs and articles in scholarly journals, and lectured throughout the county. His most recent work on money and banking is the two-volumePieces of Eight: The Monetary Powers and Disabilities of the United States Constitution(2002), the most comprehensive study in existence of American monetary law and history viewed from a constitutional perspective.

He is also the co-author (under a nom de plume) of the political novel CRA$HMAKER: A Federal Affaire (2000), a not-so-fictional story of an engineered crash of the Federal Reserve System, and the political upheaval it causes.

His latest book is: How to Dethrone the Imperial Judiciary... and Constitutional "Homeland Security," Volume One, The Nation in Arms.

Dr. Vieira’s in-depth and excellent paper, "A Cross of Gold," as that provides a more detailed analysis on how the corrupt U.S. monetary system might transition into something more honest and effective.

The U.S. Monetary System and Descent into Fascism

Hang on as you read this interview with Dr. Edwin Vieira. Or you could just stick you head in the sand.
The U.S. Monetary System and Descent into Fascism An Interview with Dr. Edwin Vieira - Casey Research

US Opens Reserves to Release 30M Barrels of Oil

What! Unbelievable! This is not an emergency or crises. However maybe Obama thinks his poll numbers are too low therefore.... Whatever the reason, it is not a good one. This does tell me that the government is operating on more short term fixes. This does not look good for the future......confidence is falling faster and here I thought it could not move down much faster.....I'm wrong, too much of thinking it will be better....but NOT.
US Opens Reserves to Release 30M Barrels of Oil

Fed’s Bullard: “When it does blow up it will be too late”

Even the Fed is very worried. We are at extremes. What will things look like 18 months from now?
Fed’s Bullard: “When it does blow up it will be too late”

Wait to Buy Berkshire Hathaway

Wait to buy BRK until the fall, e.g. after the hurricane season is over.
The Aleph Blog » Blog Archive » Wait to Buy Berkshire Hathaway

Wednesday, June 22, 2011

Editorial: Who OK'd 'Guns To Gangs' Program, And Why?

Ok the news is out. But the question is who in the White House approved this really dumb program and better question is why. Mexico and the US is hurting by this US government authorized program.

Editorial: Who OK'd 'Guns To Gangs' Program, And Why? - Investors.com

Tuesday, June 21, 2011

Piracy sails from high seas to C-suite Outside the Box - MarketWatch

See attached for article on the crimes by big government and business while the government says they are looking after the little guy. Wrong....read and think.

The crime is with big business and big government. Hand in hand they work together. A good example is
Raines while he was CEO at Fannie Mae. "Most of the crimes Raines committed while at Fannie Mae were paltry, petty graft. He demanded illegal accounting changes that inflated the company's earnings. As a result, he received huge amounts of fraudulent compensation – around $20 million per year. When his crimes were discovered, he resigned. Later, he agreed to a $3 million settlement with the government, which was paid by Fannie's insurance company. He also gave up $1.8 million in stock and options (which were later worth nothing in any case.) If you rob a bank, you go to jail. But if you steal $50 million-$100 million from the government's mortgage bank, you keep it all. That's New American Socialism.

Raines was disgraced by his own enormous greed and lack of character. But those crimes are merely an afterthought to the real damage he brought to our economy.

Raines was instrumental in building Fannie's mortgage portfolio to gargantuan proportions. And he was responsible for the company's move into subprime loans.

Rather than lend money to homeowners, Fannie's strategy was to buy mortgages from banks, which allowed them to banks to more homeowners. Fannie Mae also guaranteed mortgage loans across the industry, which allowed more private capital to become available. The theory was this made housing more affordable. It didn't. It only allowed banks to make risk-free loans, which led to vastly higher home prices, bigger banking profits, and huge profits for Fannie Mae at least temporarily. The downside was the whole system was a charade... a giant con job. Fannie never had the capital required to guarantee the loans it bought and insured. When the bubble inevitably popped, the U.S. taxpayers ended up footing the $500 billion bill." Source: Stansberry & Associates Investment Research - June 2011

Did the government programs and Raines at Fannie Mae make housing affordable? Answer is no....it only inflated the housing costs for all people. Now people are losing their houses thanks be to the big government program. Big government and big business are for the elite; they want to control and do control the masses. But notwithstanding what they say, they hurt the small and little guys......the serfs. Nothing really changes, history repeats, but the ways are just bit different.

Piracy sails from high seas to C-suite Outside the Box - MarketWatch

Monday, June 20, 2011

Open Letter to Barack Obama

Mr. Barack Obama
President of the Executive Branch
United States Government
Washington, DC

Dear Mr. Obama:

In your recent interview with NBC News you explained that your policies would promote more private-sector job creation were it not for (as you put it) “some structural issues with our economy where a lot of businesses have learned to become much more efficient with a lot fewer workers. You see it when you go to a bank and you use an ATM, you don’t go to a bank teller, or you go to the airport and you’re using a kiosk instead of checking in at the gate.”

With respect, sir, you’re complaining about the source of our prosperity:innovation and the increases it causes in worker productivity.

With no less justification – but with no more validity – any of your predecessors might have issued complaints similar to yours. Pres. Grant, for example, might have grumbled in 1873 about “some structural issues with our economy where a lot of businesses have learned to become much more efficient with a lot fewer workers. You see it when you go to a bank that uses a modern safe and so employs fewer armed guards than before, or when you travel on trains which, compared to stage coaches, transport many more passengers using fewer workers.”

Or Pres. Nixon might have groused in 1973 about such labor-saving innovation: “You see it when you step into an automatic elevator that doesn’t require an elevator operator, or when you observe that polio vaccination keeps people alive and active without the aid of nurses and all those workers who were once usefully employed making iron-lung machines, crutches, and wheelchairs.”

Do you, Pres. Obama, really wish to suggest that the innovations you blame for thwarting your fiscal policies are “structural issues” that ought to be corrected?

Sincerely,
Donald J. Boudreaux
Professor of Economics
George Mason University
Fairfax, VA 22030



Open Letter to Barack Obama

Sunday, June 19, 2011

IMF cuts U.S. growth forecast, warns of crisis

IMF is warning US and Europe to smarten up. Wow.....it is that obvious the financial problems the western world has. No wonder China is dropping the dollar. If the Euro and USD has lots of risks for its value, what is the replacement?
IMF cuts U.S. growth forecast, warns of crisis - Yahoo! UK & Ireland Finance

Wednesday, June 15, 2011

• The Economic Statistic US Elites Keep ‘Hush-Hush’

It's MPD, the marginal productivity of debt. Basically what it is, is that has debt increases, its marginal "productivity" decreases. Reason being is that the compounding effect of interest / money is not sustainable.

Gold going to $5,000

Why gold is going to $5,000 - SCOUT - a 68 page research study from Standard Chartered
In Gold We Trust 061411

Monday, June 13, 2011

Pimco’s Gross: US in Worse Financial Shape Than Greece

US is in worst financial condition then Greece! Unbelievable.....it is that way.

Pimco’s Gross: US in Worse Financial Shape Than Greece

Greek, Portuguese and Irish CDS All At Records

Notwithstanding the debt / credit crises of these countries, the Euro is up against the mighty USD. Hmmm...makes you just wonder, why.
Greek, Portuguese and Irish CDS All At Record Wides | zero hedge

Greek, Portuguese and Irish CDS All At Records

Notwithstanding the debt / credit crises of these countries, the Euro is up against the mighty USD. Hmmm...makes you just wonder, why.
Greek, Portuguese and Irish CDS All At Record Wides | zero hedge

The hidden costs of dirt-cheap money

Yup! That is right, we are paying for the corporate bail outs. You know the companies and banks that are too big to fail. Those guys. Great to be working for them as well. Great bonuses paid. Then, it is great that one of the CEOs of the companies saved by the government (of course really by the taxpayers), had the guts to recommend that gasoline taxes be increased on the taxpayers by $1/gal. Naturally, that is only to help save the economy. With news like this, who in their right mind would be spending. One has to be very careful, given the government does not know what it is doing and what they are doing are screwing things up. Like Bush said, "how did we get here". Hey, those guys in government still have not figured that out, in fact have messed it up more so, making the correction, which will come much more painful. So, tighten up and get ready, the costs of the running away government spending, will be collected.
The hidden costs of dirt-cheap money - The Globe and Mail

Sunday, June 12, 2011

Michele Bachmann: 'On the Beach, I Bring von Mises' - WSJ.com

Rep. Michele Bachmann of Minnesota sounds like a winner for the economy and fiscal situation. Are the Americans bold enough, strong enough to solve their problems?
The Weekend Interview with Michele Bachmann: 'On the Beach, I Bring von Mises' - WSJ.com

Next 20 years

Three alternatives for the next 20 years.

Think one item is missing with the attached analysis....that is the middle east and Israel.

That will have a significant impact on the world. Think it will be a rough ride for all. Get ready.

Our Economic Future: From Best to Worst Case - Casey Research

CNN Poll: 48% Say Depression Will Strike America

Think all of the people are sleeping; they do not know what is going on.

1/2 think depression will happen; the other half say not.... but the answer is.....we are there now!

Things will get much worst. But no one is asking the question why and what we need to do.

What is the answer?

The leaders all deny what is happening....it is not just economics, it is the choices that the people have made.

It is just going to get more costly.

Anyone with understanding? knowledge? experience? leadership? doing right?

Wiener shows the condition that Americak is in....and the people accept? big disappointment, but not a surprise.

There are answers to the issue, to the question, but America, is not ready yet to address the problem yet.

So....big surprise to come which will be an ouch! or maybe a big ouch for all and then the wonder why.

We will be all like G W Bush....asking the question again how did we get here?

Tell you.....GWB, we got here because of you and your buddy Obama with your big govt policies. Thanks a lot guys!


CNN Poll: 48% Say Depression Will Strike America