Saturday, April 30, 2011
Really? April 16-30, 2011
TUO = The Undocumented One
• Dollar down. Gold up.
• Oil up. Why? Dollar down.
• Food up. Why? Oil up.
• Real Estate value down. Why? TUO & Dems.
• Printing more money = Inflation.
• Big Spending Gov Spin: The economy is improving and there is no inflation.
The Right Jack believes that the US economy is improving very slowly despite the tremendous drag placed on the US economy by Big Spending Gov. However, inflation is driving up food and fuel prices along with the hidden inflation of the weakening US dollar. All of this can be linked to Big Spending Gov. See Money Mischief by Milton Friedman posted earlier this month. =trj
Generational Equality. See post on 4/30/11 at the right jack
Shame or Kudos. Democrat Politics of Person Destruction. You really must hand it to the Left Wing Democrats and their Big Time Dying Media. Together, they have been very successful at making many people believe that Republicans are far more diabolical than the lowest of the low dictatorial regimes on Earth. We have seen a number of examples of alliances like this in just the past 100 years where “The Party” and “The Media” joined forces as one to create a super class and a subservient underclass. There is neither Freedom of the Press nor Trust nor Freedom when The Press is linked hand-in-hand to one party or regime. =trj
For example: Democrats can lie with impunity today and the Big Time Dying Media seldom if ever challenges their statements or factless claims. Other 3rd parties must Fact Check their statements. Of course, those “misspeaks” seldom see the light of day in the Big Time Dying Media. Planned Parenthood abortion services for under age teens is yet another example of dementia of the media.
T-Shirt: Change your Leaders, Not your light bulbs.
More Big Gov redundancy. There are at least 55 offices, departments and commissions devoted to civil rights and diversity throughout the federal government.
• Department of Health and Human Services’ Office for Civil Rights cost taxpayers $46.7 million;
• Department of Agriculture’s Office of Civil Rights - $24 million;
• Department of Justice’s Civil Rights Division - $145.4 million;
• Department of Transportation’s Office of Civil Rights - $9.66 million;
• Department of Education’s Office for Civil Rights - $102 Million;
• Equal Employment Opportunity Commission - $367 million
[Daily Caller] Click Here to read more.
QE2 [printing money] to stop by the end of June. While claiming there is no inflation, if they economy does not improve, and it has not improved as a result of QE1 and QE2, they will print more rather than raise interest rates.
Birth Certificate numbers. Why does the Obama birth certificate issued by Hawaii Department of Health show a higher number [151 – 1961 – 10641] than those of the Nordyke twin girls [151 – 61 – 10637 and 151 – 61 – 10638] born a day after TUO? No records to show that his mother was a patient at the hospital. [WND] What is being hidden from the US Voters? It is still not over for TUO.
On Oprah. Reports are that Obama remembers being born in Hawaii. We know that “his subjects” say that he is very intelligent, but that revelation is down-right celestial. Click Here.
"If you voted for Obama in 2008 to prove you're not a racist, you'll have to vote for someone else in 2012 to prove you're not an idiot." - - - author unknown
Dems in Massachusetts rid the state of union collective bargaining by public employees. Not making the news. Where are the protesters. 4/27/11 [Boston.com] Outrage by unions occurs only when GOP in charge. FDR was anti-union.
Why has TUO created problems for himself by withholding information that is commonly asked of regular US citizens every day? What is he hiding?
Liberals continue to play the race card every time there are disagreements with TUO policies. Objective is clearly to stifle dissent.
Printing more money = Inflation
US population living longer. Bad news for ObamaCare. Where will they “stash” all of our old ailing bodies who are taking pills but not receiving full treatment that will extend their lives? [New News Publisher] 3/25/11
61% of adults say if immigration laws were enforced, there would be less poverty in America. Rasmussen Reports national phone survey]
13.9 million. Number of unemployed Americans under TUO
54%. Welfare spending increase under TUO ... but no one is securing our borders under TUO
T-Shirt: 20% of Democrats give the rest a bad name
Muslim Wars of Intolerance against infidels and women.
Who have these peace loving muslims not bombed and terrorized in the past 100 years besides China and North Korea. They appear to be at war with the world. Freedom oriented nations present easy targets thanks to political correctness.
"While the upward trend in violence dates back to 2005, the major increase in violence came after a dramatic spike in 2008, as organized crime related homicides jumped to 6,837 killings, a 142% increase from 2007. After another increase of more than 40% to 9,614 killings in 2009, the number of killings linked to organized crime jumped by 59% in 2010, reaching a new record total of 15,273 deaths (Drug Violence in Mexico: Data and Analysis through 2010." [SAF]
Obama has released a copy of his long form birth certificate. State of Hawaii will not allow people to obtain a copy of their own birth certificate. [WND] Chalk one up for Trump. No one else got it done.
Where are the TUO college transcripts?
Right now, Washington is buzzing with the rumors that Obama is planning to circumvent Congress enacting stroke-of-the-pen AMNESTY for ALL illegal aliens in the United States via Executive Orders and Administrative Directives! Obama will once more defy the majority of Americans and DICTATE his narcissistic brand of tyrannical "democratic socialism" that I like to call OBAMALISM – doing the exact opposite of what the people demand. This is an overt violation of the Constitution! [SocialismAlerts.com]
This FANTASY TAX-AND-SPEND LA-LA LAND THAT DEMOCRATS ARE LIVING IN WILL DESTROY AMERICA. And now the IMF has confirmed that rumor as fact. [American Political Action Committee] 4/27/11 Click Here.
Red Ink. GOP legislators in House appear to be backing off their support to stop the spending madness and not raise the debt ceiling. They appear ready to allow the Dems to spend, spend, spend. 4/27/11 [WND]
Economic crises. Investigative report. Inflation statistics. False lull. Protect your wealth. Economic meltdown? 1970s repeat? U6 unemployment. Bailouts and Stimulus. We are knee deep in a meltdown. Misery Index. Calm before the storm. 2nd Great Depression? Wake up call. “Money Mischief” by Milton Friedman, a replay today. Audio file and slide show. You Must Listen To This. Click Here.
Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless. - - - Milton Friedman
The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy. - - - Milton Friedman
Governments never learn. Only people learn. - - - Milton Friedman
Read more quotes here by Milton Friedman, a Reagan adviser and the author of Money Mischief. 1994 in paperback.
Money Mischief by Milton Friedman – book reviews:
Amazon.com
Faith and Finance
Enotes.com
Reader comments
Inflation warning.
100s of Taliban fighters escape from Afghan jail. Click Here. These people we are trying to help seem to be totally unable to help themselves.
U.S. Immigration and Customs Enforcement (ICE), the division of the Department of Homeland Security responsible for enforcing immigration laws, could not account for 10 Libyan men it had caught and released inside the United States since July 2009. Click Here.
President Barack Obama and his wife Michelle didn’t get invited to the royal wedding in England this week, while "other dictators" did, he said, according to Politico.
American Hellholes: Detroit. Camden NJ. New Orleans. Vallejo CA.
30%. In many American cities the real unemployment rate is over 30%. Real unemployment in Detroit is around 50% [The Economic Collapse Blog]. Click Here.
700,000. New homes sold per year considered healthy. 300,000 sold in February after three months of decline. 4/25/11 Click Here to read.
Price difference between new homes and existing homes is the largest in recent history. Caused by the low price of existing homes, not an increase in sale price of new homes. =trj
Porn in Libraries. Washington, DC (April 26, 2011) – The First Amendment does not protect pornography viewing in public libraries according to the US Supreme Court, contrary to statements by New York City library spokespersons. Librarians have generally supported their "right" to have access to porn on computers in publicly financed libraries. American Library Association is a pro-porn group. Click Here to read about the efforts of Morality in the Media.
Why are tax dollars at Univ of Missouri being used to fund a program that espouses Communism, teaches tactics in industrial sabotage (including stalking CEOs, using members to insinuate sabotage, as well as the killing of cats), and convincing union members that their “group goals” are more important than their individual goals. Click Here.
$125 billion. Fed/Treasury, DOJ and NASA made billions of improper payments in 2010. 70 programs in 20 agencies. $34B in Medicare. GAO defines improper payments as “overpayments, underpayments, and payments that were not adequately documented,” as well as fraud. That is Just One Year. [CSNnews.com]
See: Vote Fraud and other Gov Fraud LOG on this blog.
Buyer Beware. Ford does not have a vehicle on the “Worst Cars” on the road list. Forbes.com 4/23/11 Cadillac Escalade. Chevie Tahoe Hybrid. Dodge Nitro SLT. Dodge Dakota. Jeep Wrangler Unlimited. Mercedes-Benz S550. Chrysler Town & Country. Chevie Colorado. Chevie Aveo/Aveo5. Jeep Liberty/Liberty Sport. Nissan Titan. Smart for Two. Click Here for more information about these cars.
Buy a Ford.
Home energy hogs. Energy Guzzlers: Plasma TVs. Digital picture frames. Video game consoles. TV set top boxes like converters. Battery chargers. Always on devices. External power adapters. Aquariums. Dehumidifiers. Coffee makers. Air purifiers. Incandescent light bulbs. Not specifically mentioned are washers, dryers, hot water heaters, curling irons and your telephone and computer equipment. Forbes.com. Unplug them when not in use and save. Click Here.
$5.69. Price of gas near Orlando airport. $3.78 is average price in Orlando. 4/24/11
Secret US Army!
Why US Big Dem Gov wants to ban guns and ammo.
• 2,199,524 licenses of all types were sold, 2009-2010
• 2,134,545 sold in 2008-09
• 2,085,048 sold in 2000
• 1,718,050 licenses & permits of all types sold in 2005
For example, when looking at the hunting numbers …
• 452,723 hunting licenses were sold in 2009-2010
• (305,472 were annual resident hunting licenses)
• 624,908 deer permits sold in 2001
• 394,146 hunting licenses (resident, nonresident, youth and three-day) were sold and • 406,779 deer permits in 2001
Click Here for the story. Remember, when gun ownership is banned, only criminals and government will have guns. They are not mutually exclusive.
T-Shirt: AlGore did not invent the internet. He invented global warming.
TUO not winning any international friends for US. He made it sound so easy to do as a presidential campaigner. The King of Weakness is losing support on all fronts.
Will Iran go to war with Saudia Arabia? Shia vs Sunni. Another Middle Eastern religious war of intolerance than seems to never produce a winner. Click Here.
North Korea threatening war again. 4/23/11
53,300 gallons. TUO fundraising trip to California where he talked about Earth Day while burning over $179,000 in fuel. 4/23/11 That is five $35,000 jobs out the exhaust system.
Ethanol. See post here dated 4/23/11
US spending billions on foreign energy projects. [WND] US Big Dem Gov continues to place obstacles in the way of reducing US dependence on foreign energy sources.
Wrong-O. TUO stated recently, with shirt sleeves rolled up, that it is the job of business to create jobs. NOT! It is the job of business to make profits through the sale of goods and services. If successful, then jobs will be created. At least 30% of the populace believe everything he says, right or wrong. Young college students, many of whom are living on their parent’s “dime” and have no real world or job experience seem to be the most impressionable. Parents should educate their offspring, for their own sake.
Safe cities. See post here dated 4/22/11
Trump. Telling it like it is. Not afraid to challenge the Left even if it offends them. In the meantime, the Leftists are able to appear very upstanding and moral as TUO keeps making up stuff that sounds good to his young student audiences and their Leftist professors. No GOPer has yet to match Trump in bravado and honesty. Maybe all of the GOPers are afraid to offend the Left because that will keep them from being invited in as “show” members of the Ruling Class. =trj
Knock … Knock.
Who’s there?
Kenya!
Kenya who?
Kenya show me your birth certificate? ;-)
Data shows that unions do more harm than good for their local economy. Hinder job creation for younger workers. Forced wage escalation makes it harder to sell US goods overseas.
What to cut first? Vote in a Poll offered by Citizens Against Government Waste [CAGW] 4/22/11 Click Here.
US dollar drops to 3 year low. Click Here. Dollar losing value against other currencies. That makes our imports more costly. Oil is best example.
Recount in Wisc. Judge who lost Wisconsin Supreme Court election by over 7,000 votes asking for recount. Dems normally find more votes when recounts happen. Coming up with more "uncounted" votes than voters who cast votes not an election "issue" for Democrats. 4/21/11
3000 or so al-Qaida terrorists in Gaza according to Egyptian sources. Hamas and al-Qaida are offshoots of Egyptian Muslim Brotherhood. [WND] US Big Dem Gov regards Muslim Brotherhood "friendlies" rather then enemies.
GM stock sale by Big Dem Gov to cost US Taxpayers $11 billion. Initial cost was $50 billion bailout in 2009. [Wall Street Journal] 4/21/11 Click Here.
Basket of currencies. When the anti-American Soros spent $50 million creating the New York City-based Institute for New Economic Thinking (INET), he set in motion a major move against the dollar. The billionaire who once crushed the British pound through currency trading openly declared his plans to 'reform the currency system.' In the Machiavellian mind of Soros, the dollar needed to take a back seat and end its stint as the world reserve currency. 'The dollar no longer enjoys the trust and confidence that it once did, yet no other currency can take its place,' he wrote in late 2009. Click Here to learn more.
IPAB = ObamaCare Independent Payment Advisory Board. This is the death panel that Democrats said did not exist.
IPAB is 15 member panel appointed by current president. The rationing board that will spring into action against Seniors and decide who gets care as soon as ObamaCare becomes the law of the land. Big Gov cannot pay for ObamaCare so rationing is the only way to balance the budget. Ryan plan goes into effect in 2022 and individuals decide their own course of action. Click Here.
T-Shirt: Had Enough? NoBama 2012
Mystery Man. More questions about TUO. Why do three supporters according to tax records own the Obama home in Chicago, but not Obama? Judge Jane L. Stuart. Obama accountant Howard Wineberg. Obama law partner William Miceli. Curious. Click Here.
NLRB tells Boeing that it cannot legally build a plant in SC, a right to work state. Must build in Washington where union strikes hinder production. NY Times sides with NLRB and the Democrats. Click Here. More intrusions by Big Dem Gov on freedom and job creation.
National Security team at White House still in disarray after 26 months. Click Here to learn more about our safety from terrorists. Measured response? Looking like Viet Nam where politicians prevented the military from winning the war. Ditto is Desert Storm I when politicians prevented the military from finishing the job. And look where that got us.
Jeb Bush tops Obama in Florida poll 57 to 38. 46 to 40 among Independents. 18 to 34 age group prefers Obama. Guess who will be the next target for Democrat politics of personal destruction, with the full support of the Big Time Dying Democrat Media. Click Here.
Post Office. Uses Las Vegas strip photo of Statue of Liberty for latest forever stamp rather than the real Lady. More incompetence. Thoughtless. Insulting.
Unemployment Rates:
13.2% in Nevada, down from 15.3%
12.3% in California, down from 13%
11% in Michigan, down from around 14.6%, new GOP Gov
9.2% in US, down from 10.3% in January 2010
9.1% in Illinois, down from 12.1%
9.0% in Ohio, down from 11.6%, new GOP Gov
8.0% in NY, down from 9.6%
6.3% in Virginia, down from 7.8%. New GOP governor. Coincidence?
All states above show a dramatic rise in unemployment after Democrats took control of Congress in 2008. Neat graph. One month lag. Check it out.
Click Here to find your state.
±20%. Real no spin unemployment rate nationally when counting those who have stopped looking for work.
Huge executive bonuses back in the news. Click Here.
$11,358,445 is the average. AFL-CIO web site tracks executive bonuses. Click Here.
Pumping out great news. Cartoon about gasoline. Click Here.
$2.3 trillion. US households now getting more handouts from Big Gov than they are paying in taxes for first time since Great Depression. $2.2 trillion paid in taxes. Click Here.
Wall Street Journal to sell its remaining stake in GM. To break even, the U.S. Treasury would need to sell its remaining stake—about 500 million shares—at $53 apiece. GM closed off 27 cents a share at $29.97 in 4 p.m. trading Monday on the New York Stock Exchange, hitting a new low since its $33-a-share November initial public offering. What does that tell you? Click Here. This 4/19/11 link will be live for 7 days.
Washington Post poll. Why Obama is vulnerable in 2012:
• February 2009 - voters approved of his handling of economy by 60-35 margin.
• April 2011 - they disapprove of his handling by 57-42 margin.
• Stunning 46% of voters strongly disapprove of Obama’s handling of economy.
Will any GOPer will make a better Pres that any Dem? Any GOPer for Pres will be trashed beyond belief by Dem's politics of personal destruction with the help of their media. It matters not who is nominated by GOP =trj
44% in Marist poll would vote against Obama in 2012. How much worse does the economy need to be before it gets the attention of the other 26% who are not automatic votes for Obama?
Is John Boehner [D-OH] and Speaker of the US House of Representatives a RINO? A ruling class RINO?
Obama slow moving “recovery” [if that is what you call inflation, mortgage problems everywhere, declining home values, high unemployment with more and more people not even looking for work], trailing Ronald Reagan in job creation by 15.7 million after The Jimmy Carter Economy. [Money News] Click Here.
Maintenance Cost. Eco Green Automobiles. We hear nothing about the cost to charge these “green” car batteries every 35 to 100 miles, the cost to totally replace these “green” car batteries every 7 to 14 years, and the annual maintenance costs related to an old “green” car. =trj
NY safety inspectors to crack down on Tag, Capture the Flag, Red Rover, Kickball and other “dangerous” games that kids play at camps. Meanwhile dangerous, abusive, murdering illegals ignored. Click Here.
$ $ $ - It's the economy, stupid!
US National Debt = $14,353,166,000 and rising
US Debt per family = $45,914 and rising
US Debt per US Taxpayer = $128,466 and rising
Source: World Clock on 4/16/11
$40 billion a week. Money Big Gov needs to borrow to finance US debt.
$34.5 billion. Total US debt in 1947.
6.5%. inflation rate at this time [DickMorris.com]
Who pays taxes? IRS data from 2008:
• Top 1% of US Taxpayers pay 38.02% of all income taxes
• Top 5% of US Taxpayers pay 58.72%
• Top 10% of US Taxpayers pay 69.74%
• Top 25% of US Taxpayers pay 86.30%
• Top 50% of US Taxpayers pay 97.30%
• Bottom 50% of US Taxpayers pay 2.7%
Compare 2008 data with earlier years at this same site. Click Here.
$938 billion. Tax the Rich. If Big Gov took ALL taxable income, it would run US Big Gov for 3 months. [Neil Boortz on the radio] 4/18/11
62% of Americans oppose raising US debt ceiling
79% of Republicans oppose Boehner raising US debt ceiling
42 to 46% of Democrats oppose raising US debt ceiling
$1.7 Trillion Hidden Tax. Complying with federal regulations. 2008 data. Click Here.
$430 billion industry + time. What it costs business to comply with Big Gov rules and regulations, not counting all kinds of taxes. Gov Tax industry is not productive work compared to a business that produces goods, profits and wages.
$ $ $ - It's the economy, stupid!
TUO to eliminate the mortgage interest deduction because in doing so, he will virtually double taxes of every homeowner in America whose mortgage is less than 10 years old. Do you know what that will do to YOUR tax debt? [Center for the Defense of Free Enterprise] 4/18/11
Environmental Refugees. The next mass “political” refugee class that will be admitted to the USA without qualifying or background checks? Click Here.
Government sponsored enterprises under scrutiny by Republicans legislation. … Fannie Mae and Freddie Mac must be allowed to sink or swim in a free market. The government sponsored enterprises are a prime example of crony capitalism. Evidence shows that Fannie Mae and Freddie Mac played a major role in the recent housing bubble. And more. [Freedom Works] 4/18/11
Giants of Conservatism. Bill Rusher and the giants on whose shoulders all who love freedom stand today included Bill Buckley, Jr., Russell Kirk, Frank Meyer, James Burnham, Ronald Reagan, Whittaker Chambers, Barry Goldwater, Henry Regnery, Cliff White, John Ashbrook, Vic Milione, Clarence Manion and a few others. [ConservativeHQ] 4/18/11
Let’s not be civil. Paul Krugman calls for Ron Paul to be assassinated. Click Here and Here.
Nurses are not the answer to doctor shortages that are promised to come with ObamaCare.
Book: Karl Marx: From Christian to Satanist by Richard Wumbrand. Click Here to read a review and obtain a copy. Paperback. $5.95. Click Here.
TUO wants to have the power to:
• Increase federal fees on guns and ammunition
• Ban guns that are imported
• Extend waiting periods
• Ban the use of guns on all government property
• Make it illegal to own a gun if you smoke or use tobacco products
[CCRKBA] 4/18/11
US Treasury Department. Millions spent each year for employee and outside contractor gifts and promotional giveaways like snacks and toys according to a review of documents from the agency. Other Big Gov perks disclosed. Click Here.
Spend. Have you noticed that Big Gov and banks are operating "business as usual" during our severe economic crunch. Even state departments of transportation seem to have money to send road crews out to work. What is going on? -trj
Shout downs. Notice how Liberal Democrat supporters routinely shout down the opposition. They do not want other points of view to be heard. Do not ever recall Republicans shouting down Democrats at public appearances. I do recall citizens objecting vocally when false statements by politicians are challenged in public forums in CA and TX but they were not shout downs. Facing challengers is why politicians and TUO cut way back on their public appearances and only speak at rallies involving like-minded supporters. =trj Click Here to read about recent attempted Democrat shout down in Wisconsin. [newsmax.com] 4/16/11
Scrubbed. Bill O’Reilly claims that TUO has a Connecticut SSN because his father lived there for a short time. I heard that telecast on 4/13/11. That statement was later scrubbed from their web site. Is Mr O playing it straight with his viewers or is he becoming just another member of the Big Time elite media. Hmmmmm. Click Here to read a well documented story.
Transparency in governance as promised would solve many problems with government associated with this Obama administration and Democrats in Congress. =trj
When all guns are banned, only criminals and governments will have guns. These two social groups are not mutually exclusive. -trj
Big Gov Watching You. GPS tracking by Big Gov at center of judicial 4th Amendment dispute. Big Gov wants to track suspects thus allowing us all to be tracked via GPS without warrants. [AP] 4/15/11 Click Here.
Gay CA Judge Vaughn Walker made ruling on Prop 8 that directly benefits himself personally. More Democrat secrecy and conflict. See attorney Elena Kagan under Clinton and TUO who became a “not so unbiased” far left Democrat Supreme Court “Judge” Elena Kagan. [WND] 4/16/11
Hybrid Chevy Volt in CT may have caused garage fire. Unlike the SUVs that absolutely cause wrecks and other havoc all by themselves if you listen to the news reports, investigators cannot rule out that this union made Chevy Volt actually did it. [wfsb news]
A city that outsourced everything. Where is it? Click Here.
What the top companies pay in taxes. ExxonMobile at $21.6 billion and many others. Gonna take a CPA to translate the numbers on the accompanying slide show. [Forbes]
Big Gov watching out for you with your own internet ID. Voluntary at start up, they say. Click Here. And Here.
TUO misspeaks, yet again. What about the downsizing of the federal government after World War II? [The] budget table shows that federal spending fell from $92.7 billion in 1945 to $55.2 billion in 1946, to $34.5 billion in 1947, and to $29.8 billion in 1948 (and all without any of the job losses [Cato Institute 4/15/11]
Government jobs:
Today – 22.5 million
1960 – 8.7 million
Manufacturing jobs:
Today – 11.5 million
1960 – 8.7 million
Really? April 1-15, 2011
Old quote: Democracy is where the government works for the people. Socialism is where the people work for the government. Utopia is where government actually works.
TUO = The undocumented One
Nap Time. Airport controller advocate suggests they be given nap time on the job. Will warm milk and “bankies” be provided? How about conjugal visits?
94% of Conservatives Think Budget Deal Shows Deep Failure of Leadership [ConservativeHQ.org]
92% Stop the Obama ban on bringing lunches from home. People Big Gov to get out of the school lunchroom, in a manner of speaking. Rasmussen Poll 4/14/11 Yet another TUO policy that goes against the will of the people.
$1,183 per family. LEAVE Act [as in get out] was introduced by Rep. Gary Miller from California. Like many other states, California has good reason to want to finally END America's illegal immigration crisis: Each year, California households alone pay an average of $1,183 EACH to provide health care, education, and incarceration to ILLEGAL IMMIGRANTS. [Minute Man HQ] 4/15/11
Class warfare. TUOs support among the poor wage earners is falling. Under 50% among all wage categories. Do you think, as do others, that the TUO-Democrat economic agenda is hurting everyone with their radical addiction to spending? Click Here.
Bullets and EPA. TUOs EPA administrator Lisa P Jackson tried to get lead bullets ruled as toxic substances under Toxic Substance Control Act of 1976. She has an anti-hunting agenda. They are still trying to take away ammunition either by banning it or added taxes. [CCRKBA 4/15/11]
Will TUO throw some unions under the bus to improve his lack of ‘bipartisanship” image with independents and Republicans. [Click Here]
The government's inflation index excludes food and energy. As the Church Lady would say: How convenient! Ann Coulter [RedState.com]. Said to be too volatile to include in that index. Well, dah!
10%. Unemployment In March according to Gallup. Underemployment at 19.3%. Click Here. 3/31/11
138,641,000. February 2010, there were about 138,641,000 employed people in US according to the Employment Situation Summary published by US Department of Labor on March 5, 2010. This represents 90.3% of the reported civilian labor force. Nearly 92.8% of all employed Americans are wage and salary workers.
14.837 million unemployed January 2010
21,292,000 government employees in the United States as of February 2010
128,926,000. According to Bureau of Labor Statistics, by the end of March 2010 there were 128,926,000 jobs in the US. In comparison to the same period in 2009, there has been a loss of 4,249,000 jobs. On the other hand, from January to March 2010 there has been an increase of 1,312,000 jobs.
Click Here.
http://www.numberof.net/number-of-employed-people-in-the-usa
63% of Americans oppose taxing goods purchased over the internet. States like California which is living radically beyond their means continue their search for ways to raise money to support their uncontrollable spending habit. [Center for the Defense of Free Enterprise Action Fund]
Before TUO budget speech. Will he ... Raise taxes any way possible. Cut spending? If cuts, will it be based on the previous outlandish Obama budget or a more balanced budget. His two year pattern of action is to NOT keep pre-election promises or any other promise. I.E., transparency, create jobs, keep your own health care, green jobs, etc.
After. Summary: Liberals loved it. Republicans saw it as another early campaign speech for 2012 with no awareness of reality. We need to raise taxes. We need to invest in more [__you fill in the blank__]. Republicans are [__you fill in the blank__]. We want bipartisan agreement. Nasty Republicans want to kill [__you fill in the blank__].
Joe O’Biden appears to have fallen asleep during TUO budget speech. Click Here. Was he thinking?
Wall Street Journal response. Click Here.
Tax upon Tax. Wealthy Americans that TUO and the Democrats want to tax cannot pay for the Democrat debt-creating policies. Wealthy simply do not make enough money to fix it. Single best solution is to cut spending just like millions of Americans are doing because of joblessness, massive welfare payouts as well as excessive and uncontrolled government spending on all manner of unnecessary and low priority items. =trj Click Here for one version of this tax policy.
US Big Gov priorities still upside-down. Low priority items taking precedence over high priority items. For instance: [1] inefficient green energy spending over commonly available energy sources when US energy needs are critical now. [2] Creating more government jobs when public sector jobs are the ones that generate tax revenue. [3] Giving large tax incentives to big corporations when small business is the job creating engine in America. =trj
CBO says no cuts in The Agreement. Budget compromise struck last weekend has been exposed by CBO as SHAM. Alleged $38 billion in cuts actually amounts to just $353 million in real cuts! Rest of the alleged "cuts" were accounting tricks and supposed "future" cuts! Politico reports that "CBO now says that total discretionary outlays for 2011 are higher -- not lower -- by about $3.3 billion than it had estimated in December." So instead of the "compromise" total of $38 billion in spending cuts, Congress is actually voting on a budget deal that has NO REAL CUTS AT ALL! [Grassfire Nation] 4/13/11
Government jobs:
Today – 22.5 million
1960 – 8.7 million
Manufacturing jobs:
Today – 11.5 million
1960 – 8.7 million
Earth, our planet, to be given the same rights as humans by UN. [Canada.com] 4/13/11 I am sure we can count on outlaw nations to abide by what ever this turns out to be just like they abide by global warming –> climate change -> clean energy hoax initiatives. Earth to become a massive “snail darter” eco priority to stomp out capitalism and freedom? Click Here.
Entrepreneur? A fellow was named an entrepreneur, not in jest. Has 10 kids on welfare payments at $1500 a month each. Did I read this right? Do not remember the source. If so, he is just gaming the system at taxpayers expense.
March unemployment at 10%. Underemployment at 19.3%. [Gallup] Rosie fact-less picture painted by Dems not substantiated by the numbers. Other sources say 8.8%. No complaints for the Big Time Dying Democrat Media.
Tea Party signs banned at Michigan rally. Called too controversial. [Michigan Capitol Confidential]
Bill O'Reilly posits that the main purpose of massive Democrat spending is to crush the US private sector economy so Big Gov can control all spending. 4/11/11
US debt compared to your household budget. Imagine this is your household financial picture:
• $170 — income per month
• $940 — bills per month
• $14,000 — debt you already owe
• $58 — the amount you have in the bank
• $130 — the available credit on your credit card
[Declaration Alliance]
Journalism or Propaganda. Time Magazine [April 18, 2011 page 8] left wing bias showing when editors select a quote that slams Michele Bachmannn. Ms Bachmann, a possible Republican presidential candidate, has become one of the latest targets for the Democrat politics of personal destruction.
Reminder: The Big Time Dying Media really believe themselves to be unbiased. They will not readily admit that they are in the tank for all things Democrat. Polls show them to be 90% Democrat. =trj
Next TUO budget could become [a bit?] more sensible after Republicans begin to change the political debate from massive Big Gov spending to less spending and a balanced budget.
Budget deal terminates two programs funded in ObamaCare, Consumer Operated and Oriented Plan (CO-OP) and Free Choice Voucher program. Czars eliminated are Health Care Czar, Climate Change Czar, Car Czar, and Urban Affairs Czar. Click Here for more.
US Big Gov is spending $1.1 Trillion more than tax generated income this year. If we spent $1,000 per day since year 0001, it would be year 2930, repeated 999 times, before we would spend the equivalent of our annual debt. [Neil Boortz] on the radio 4/12/11
See great political cartoons by Linda Eddy.
Why TUO will win re-election in 2012 by Walter Williams. Click Here to read why.
An Obama 1890 SS Number traced to dead man in Hawaii who died in 1981 but TUO is using a Connecticut SSN now. How odd is that? Click Here. TUO keeps getting curiouser and curiouser!
California teachers association supports a cop killer. Between negotiating for more benefits and teaching their students, AFT has adopted a resolution of support for convicted cop-killer Mumia Abu-Jamal [who was Wesley Cook], former Black Panther. [Republican Heritage] 4/11/11
Imprimis. Free monthly speech digest of Hillsdale College dedicated to educating citizens and promoting civil and religious liberty by covering cultural, economic, political and educational issues of enduring significance. Click Here to sign up for free subscription.
Gov. Walker Vows: Unions Won't Steal Prosser Election Win. Automatic union dues at heart of union position. [NewsMax.com] Click Here to read the story.
98% of service to women by Planned Parenthood is abortion. It is their main profit center. [Faith & Freedom Foundation] 4/11/11
Quran. How many copies of the muslim holy book have terrorists burned and otherwise destroyed in their various attacks on defenseless muslims and infidels around the globe? Absolutely no muslim outcry, just like the US Big Time Dying Democrat Media. =trj
Democrats and the Big Time Dying Media whining about small budget cut debates by Republicans while Democrats resist all cuts. TUO budget spending is totally out of touch with common sense and family values. Imagine the Dying Media bashing when Republicans start cutting billions in the next budget. =trj
According to the US Department of Commerce Bureau of Economic Analysis, US GDP for 2010 was $14.861 trillion. 5 times larger than US output. World GDP in 2010, according to the International Monetary Fund, was $61.936 trillion. [World Net Daily] 4/11/11
Wisconsin. Republican judge for Wisc Supreme Court wins. Another district counts more ballots than voters. Help!!! Send in Jimmy Carter to monitor those rascally Democrats. Sure. That is going to happen.
NPR lament. NPR business editor laments high gas and food prices and absence of new jobs being created. Then says that there is nothing we can do. [NPR Sunday morning news program] 4/10/11.
NPR spin. As a follower of the news from both sides of the isle, I would tell this highly paid news editor from the Left that we could reduce our out of pocket expenses and create jobs IF we would balance the Gov budget, stop Gov borrowing, stop funding foreign projects, cut Gov taxes, “re-discover” domestic oil and gas, and let US corporations bring their foreign profits back home without massive Big Gov tax penalties. =trj
Big Gov Priorities. Obama DOJ tells state and local parks but not national parks that they must make all of their trails HCP accessible according to the preferred mode of travel of each handicapped person. Sure! Nice thought. This would create a massive number of shovel ready jobs if there were Billion$ more US Taxpayer money available to pay for it/them. Government out of whack in times of need. =trj
Rumor: TUO has had mystery brain surgery. The story here.
Dick Morris rips Republican leadership for giving in to Democrat debt-making budget. Click Here.
Criminal Safe Zones = Any location or town where firearms are banned. [National Association for Gun Rights] 4/9/11 Of course, criminals do not obey the law. Dah! Click Here for a story.
Transgender. Cook County Jail housing inmates based on self-identified gender preference. [WND] 4/9/11 So if I understand this correctly, if a male decides he is a she, then he/she will be housed with other females. What? Their keepers do not want to harm fragile egos.
Calling Evil By Its Name [Canadian Free Press] 4/7/11 Cannot be summarized in a few words. Scan and then read it if it piques your interest. Click Here. By the way, read to Canadian Free Press on line to learn more about what is going on in the USA that the dishonest Big Time Dying Democrat Media will not tell us.
Shazam! 14,000 uncounted votes found in Wisconsin Supreme Court race. The Republican leaps into 7,500 vote lead. Surprise! Democrats crying foul. 4/9/11
Election fraud. In Wisconsin, there were 5,000 more votes to count than there were voters in 2004. [Rush Limbaugh] 4/8/11
= = Big Gov shut down Facts = =
Essential Services and Personnel
A 1980 Office of Management and Budget (OMB) memorandum defines "essential" government services and "essential" employees as those:
• providing for the national security, including the conduct of foreign relations essential to the national security or the safety of life and property;
• and the performance of contract obligations under no-year or multi-year or other funds remaining available for those purposes; providing for benefit payments
• conducting essential activities to the extent that they protect life and property, including:
<> medical care of inpatients and emergency outpatient care;
<> activities essential to ensure continued public health and safety, including safe use of food, drugs, and hazardous materials;
<> continuance of air traffic control and other transportation safety functions and the protection of transport property;
<> border and coastal protection and surveillance;
<> protection of federal lands, buildings, waterways, equipment and other property owned by the United States;
<> care of prisoners and other persons in the custody of the United States;
<> law enforcement and criminal investigations;
<> emergency and disaster assistance;
<> activities that ensure production of power and maintenance of the power distribution system;
<> activities essential to the preservation of the essential elements of the money and banking system of the United States, including borrowing and tax collection activities of the Treasury; and
<> activities necessary to maintain protection of research property.
= = Big Gov shut down Facts = =
Secret federal documents show that 2008 bailout money went to Libyan banks that ended up with Al Qaeda and Nation of Islam. … 29,000 pages of documents revealed seven key banks where the Fed has been "investing" our money. Bank of Scotland. Bank of China. Societe Generale (France). Two branches of Deutsche Bank AG Divisions (Germany). Arab Banking. Corporation (Libya). Drexia Bank (Europe). Depfa Bank (Germany).
[AmeriPAC] 4/8/11
2037. Will US economy collapse in 2037 as predicted if we continue on our current spending path?
$2.1 million. US Agency for International Development under current initiative has already spent nearly $2.1 million to send 16 students from southeast African nation of Malawi to colleges in their homeland as well as in the US and Kenya. Click Here and more.
Unions stifle jobs. National Institute for Labor Relations Research (NILRR), analyzing data collected by the U.S. Census Bureau. New study last month showing states with Right to Work laws and low union-monopoly density have better climates for job growth. Young American workers, aged 25 to 34 are often unable to find jobs in states with high rates of union monopoly bargaining like California, Michigan, New Jersey, and New York.
US female soldiers in Afghanistan encouraged to wear headscarves when with civilians and on patrol. Yes. That is it. Make them easy targets. Expose them to unfriendly fire. What has NOW said about this.
Travel plans? Visit a Right to Work state governed by elected representatives who understand the necessity of balanced budgets, freedom, individual initiative while resisting a smothering over reaching Big Gov. =trj
CBS and Couric Chronicles
• NBC at 9.8 million viewers
• ABC at 8.65 million viewers
• CBS at 6.4 million viewers, less that 2 million age 25 - 54
Unions have contributed more than $120 million to Democratic candidates in the past two election cycles.
Unions: me first, seniority, unpredictable quality of work, slow work rates, high wages, work stoppages, unquestioned leadership support for Democrats, threats, terrorism.
$340. New York City charges residents $340 for a permit to keep a handgun in their homes, and an additional charge of $94.25 for a fingerprint check! [Second Amendment Foundation]
What inflation?
• Cotton up 140%
• Agricultural Raw Materials up 81%
• Food Prices up 49%
• Energy Prices up 81%
[Declaration Alliance PAC] 4/6/11
TUO has underestimated future budget deficits by a shocking $2.3 trillion, according to CBO.
What Congressmen do according to Harvard professor: 27% taunting opponents. Advertising. Taking credit. Taking positions. In which categories do fundraising, partying, drinking, chasing skirts, taking cover and cutting financial deals for themselves fall. [Washington Post] 4/6/11 US Tax Payers understand why our members of Congress have job approval ratings lower than poison ivy.
FOO. Robert “Bobby” Titcomb, friend of Obama, arrested for soliciting a prostitute. Had this been a Republican president or legislator, there would be an endless string of “guilt by association” and “lacking character” stories by the Big Time Dying Democrat Media. [Daily Caller] 4/7/11
Wisconsin Supreme Court race between Rep and Dem very close. Recount likely. Guess who gets more votes when recounts occur? The Democrat, of course! Hmmm. How does that always happen? 4/6/11
Misery Index and TARP
Request your waiver for Obama Care. Click Here.
57% say it is OK to shut down Big Gov in order to get deeper spending cuts. 31% say no. [Rasmussen]
Baby Boomers. Born between 1946 and 1964.
44% of 77 million baby boomers do not have enough money to retire. 25% say they will never retire. Click Here for more. Have they been asleep for that past 5 decades?
Still eligible to vote: Walter Cronkite. Frank McCourt. William Shawn. Lena Horne. Natasha Richardson. Elaine Kaufman. James Molinaro. [New York Post] 4/3/11 Then there is Illinois!
Book. How to succeed in Hollywood [without losing your soul]. a field guide for Christian screenwriters, actors, producers, directors and more. Dr Ted Baehr releasing a wealth of Hollywood insider information that can equip Christians to dodge the traps and make a difference. Released 4/5/11 Click Here.
Eric Schmidt, Google exec and TUO political donor, tried to hide google searches about himself after acting against privacy concerns related to google. [Red State] 4/1/11
Unions loose big bucks when dues become voluntary as Wisconsin turmoil becomes more about union power than anything else. [Red State] 4/2/11
44 million or 14.3% of population on food stamps. Up 14 million since TUO took office. All time high. Click here. Graph above.
Summary: Atlas Shrugged. Review of the original book by Ann Rand.
Movie: Atlas Shrugged. Click Here.
Housing market. Sale of new homes hits a record low in February 2011 in 19 of the 20 largest markets. 7.3 million homes on the market or underwater on their mortgages and those not yet on the market. Data does not include the entire real estate market and FSBO. 3/31/11
1,168 Obama health care waivers given to businesses, health care plans, unions and others = about 3 million workers, ½ are in unions. 4/3/11
Health alert. Is your meat made with meat glue? Better google "meat glue" and see if you are exposing yourself to potential food poisoning, particularly if you like your meat cooked rare.
Truth about Quran revealed. Click Here to read article
North Dakota rated the best state in which to live. Go West young man, but stay away from California. Click Here to see the details.
USA, land of opportunity? Not so much with Dems in charge? Mining for new dependent Democrat voters is their number one priority.
Newsmakers on the Left provide “The Right Jack” and anyone who is paying attention with an endless stream of misinformation and dis-information, omissions and commissions, not to mention political “mis-speaks” and comical blunders. =trj
Pay attention to what the Left says and what the Left does. It would be entertaining if it were not so tragic for the hard working people of the USA. =trj
Glen Beck trashed by Media Matters for falsely claiming that he has over 400 listener stations. MM says it is under 400. Recent accounting shows Beck is heard on 430 stations. Fact-less claims by the Left go on and on. Click Here.
$84B. Cost to US Tax Payers for Big Sugar Daddy Gov bailout of GM heading toward $84 billion counting tax breaks. Click Here. Remember it was just announced that GE, another Big Sugar Daddy Gov beneficiary, paid no corporate taxes in 2011. This is what happens when you let so called “thinkers” with absolutely no business experience of any kind run government.
Jokes. Click Here.
70,000. Head of federal agency [USAID] says Republican budget cuts would cause the death of 70,000 children. He worked with AlGore campaign. Another fact-less claim made by Democrats. [DailyCaller.com] 4/1/11
“Openness will strengthen our democracy and promote efficiency and effectiveness in Government.” - - - Barack Hussein Obama, in one of his first memos to federal agencies. Again, pay attention to what he does, not what he says. That was my comment on his voting record before he became president. =trj
Transparency. News gathers from two journalism organizations rate TUO’s openness in government going in the wrong direction when compared to Bush 43. Click Here for the article.
Remember: Nancy Pelosi [D-CA] promised the most open administration during the 2008 election cycle.
Replay from 3/28/11 ... TUO receives “transparency award” in secret closed meeting at the White House. Obama met quietly in Oval Office with Gary Bass of OMB Watch, Tom Blanton of the National Security Archive, Danielle Brian of the Project on Government Oversight, Lucy Dalglish of Reporters Committee for Freedom of the Press, and Patrice McDermott of OpenTheGovernment.org. TUO did not disclose this meeting on his public schedule or let photographers or print reporters into the room. 3/28/11 Secrecy is the Democrat way, is it not. Campaign on transparency in government. Then do their dirty deeds in secrecy.
Thursday, April 28, 2011
Cost of college
Student Loan Debt Hell: 21 Statistics That Will Make You Think Twice About Going To College
The Trading Post
April 28,2011
Posted below are 21 statistics about college tuition, student loan debt and the quality of college education in the United States….
#1 Since 1978, the cost of college tuition in the United States has gone up by over 900%.
#2 In 2010, the average college graduate had accumulated approximately $25,000 in student loan debt by graduation day.
#3 Approximately two-thirds of all college students graduate with student loans.
#4 Americans have accumulated well over $900 billion in student loan debt. That figure is higher than the total amount of credit card debt in the United States.
#5 The typical U.S. college student spends less than 30 hours a week on academics.
#6 According to very extensive research detailed in a new book entitled “Academically Adrift: Limited Learning on College Campuses”, 45 percent of U.S. college students exhibit “no significant gains in learning” after two years in college.
#7 Today, college students spend approximately 50% less time studying than U.S. college students did just a few decades ago.
#8 35% of U.S. college students spend 5 hours or less studying per week.
#9 50% of U.S. college students have never taken a class where they had to write more than 20 pages.
#10 32% of U.S. college students have never taken a class where they had to read more than 40 pages in a week.
#11 U.S. college students spend 24% of their time sleeping, 51% of their time socializing and 7% of their time studying.
#12 Federal statistics reveal that only 36% of the full-time students who began college in 2001 received a bachelor’s degree within four years.
#13 Nearly half of all the graduate science students enrolled at colleges and universities in the United States are foreigners.
#14 According to the Economic Policy Institute, the unemployment rate for college graduates younger than 25 years old was 9.3 percent in 2010.
#15 One-third of all college graduates end up taking jobs that don’t even require college degrees.
#16 In the United States today, over 18,000 parking lot attendants have college degrees.
#17 In the United States today, 317,000 waiters and waitresses have college degrees.
#18 In the United States today, approximately 365,000 cashiers have college degrees.
#19 In the United States today, 24.5% of all retail salespersons have a college degree.
#20 Once they get out into the “real world”, 70% of college graduates wish that they had spent more time preparing for the “real world” while they were still in school.
#21 Approximately 14% of all students that graduate with student loan debt end up defaulting within 3 years of making their first student loan payment.
To read more, go to the source: Click Here.
Tuesday, April 26, 2011
Obama budget speech fact checked
President Barack Obama misrepresented the House Republicans’ budget plan at times and exaggerated its impact on U.S. residents during an April 13 speech on deficit reduction.
• TUO/Obama Obama claimed the Republicans’ "Path to Prosperity" plan would cause "up to 50 million Americans … to lose their health insurance.”
• TUO said the GOP plan would replace Medicare with "a voucher program that leaves seniors at the mercy of the insurance industry."
• TUO said “poor children,” “children with autism” and “kids with disabilities” would be left “to fend for themselves"
• TUO repeated a deceptive talking point that the new health care law will reduce the deficit by $1 trillion.
• TUO falsely claimed that making the Bush tax cuts permanent would give away "$1 trillion worth of tax cuts for every millionaire and billionaire."
• TUO said the tax burden on the wealthy is the lowest it has been in 50 years.
Go to FactCheck.org to see their fact checking analysis.
Note from the right jack: TUO/Obama and the Democrats in the Senate and House spread "factless" lies and exaggerations with predictable regularity. Unfortunately, the Big Time Dying Democrat Media provides unfair and unbalanced support and cover for the Left. They seldom if ever question what Democrats say and do. US Taxpayers and US Voters need to be aware of what is being said and who is saying it.
Monday, April 25, 2011
Immigration Protesters
Immigration Protesters Desecrated US Flag in Arizona-Truth!
According to Truth or Fiction . . . Click Here.
This photo was taken by a friend at a rally at the state capitol yesterday. The news will not show it and the Capitol Police and Homeland Security would not let Americans or any of the Veterans that were there do anything about it. My husband and his friends were threatened to be arrested and were told they would be booked under federal charges if they did anything. I am sending this to you so that you in turn can start emailing it to every one on your list. It is totally uncalled for and people need to see it. This is not about politics and rhetoric, it is about a direct threat to our country. Those of you that don't live in Arizona will maybe get a chance to see the other side of what the news is telling you. If this offends you great, than I have truly accomplished what I set out to do.
Homeland Security was designed to identify and defend America from Terrorist acts yet yesterday it let illegal and legal citizens of this country desecrate the Flag. People were spitting on it, stomping on it and burning it with cigarettes. One soldier who had just returned from Iraq tried to grab the flag and was thrown to the ground by the Capitol Police and Homeland Security.
It amazes me how many people will stand against the American People while all the while prospering from our system and our government.
Too those of you that will forward this to your friends I applaud you for the courage to stand up for the country in which you live.
To those of you who delete this, there is always someplace else for you to go.
Note from the right jack: What is their motive for doing this? Is this disresptful act supposed to convince us that they will make good US citizens.
Sunday, April 24, 2011
Economy: Can't afford this nonsense
The Growth Stock Wire
Weekend Edition
Stansberry to Obama:
'We simply can't afford this nonsense anymore…'
Saturday, April 23, 2011
In honor of Monday's national Tax Day, I wrote the following letter to Mr. Barack Hussein Obama. Please feel free to pass this around if you like it…
Dear Mr. President,
Welcome to the ashbin of society.
With the speech you gave last week, you have firmly and permanently put yourself in the same garbage bag as all the other communists and socialists of the 20th century.
Your speech sounded like the faint echo of a speech Lenin gave in an icy square in Moscow 100 years ago.
The promises you made, Mr. President, about the government giving people things they can't provide for themselves – a better income, reliable health care, an advanced education, cheaper mortgages, a "shiny, happy" life – have been made time and time again… sometimes by speakers even better than you.
And they have always been lies.
While the government can demand obedience (and taxes), it can't mandate dedication, creativity, or innovation. The fact is, the government itself is nothing more (or less) than the organized ambitions of the people.
Promising something to the people that they don't already have is a logical absurdity. And therein lies the timeless flaw of all collectivist theory: Governments cannot deliver benefits to the people that the people cannot deliver to themselves.
To demonstrate this truth, consider this example… Governments cannot simply mandate higher tax revenue. Any substantial increase to tax rates will reduce total collections, an economic phenomenon known as the "Laffer Curve."
This has been proven countless times in our country and many others. Any sensible person will immediately understand why. Taxes are a disincentive. The higher the marginal rate of tax, the more powerful its impact.
That's why, over many decades (and many different tax structures), U.S. tax revenues have been remarkably stable at around 20% of GDP. That's why, as you surely know, Mr. President, changing the tax code will not result in increased tax revenue.
Taxing only the rich simply doesn't work. It never has. And it never will. To increase the government's revenues, we must first increase the size of the economy. The government cannot tax what the economy doesn't produce.
In another time, most Americans might have simply ignored your speech as the ignorant remarks of yet another handsome, Ivy League-educated, dilettante president. But at this point in our history, my bet is people are going to take you far more seriously than you expect. In fact, I think you're going to get what you deserve – the trash heap. Why will Americans turn on you so rapidly and so completely?
Two things have changed – forever – about American politics.
The first is the media and access to critical information. It's no longer possible for a president's administration to control what people read, see, and think by simply managing the evening news broadcasts.
Thus, all your lies are now exposed almost instantly and broadcast to millions of people via websites and services like the Drudge Report, Twitter, and Facebook. Socialism cannot possibly survive over any long period of time in a society with a free media – because socialism is based on a lie. Facebook means the "half-life" of socialism is now weeks instead of years.
Even mainstream publications like the Wall Street Journal have called you a liar recently. They have no choice. Your lies were broadcast to the entire world long before their op-ed pieces appeared.
Your advisors told you none of these "bloggers" mattered. All you had to do was promise more benefits to more voters and then force fewer voters to pay for it all. I'm sure you did the political calculus… You believed your power to bribe and bamboozle the poor and the ignorant was stronger than the resentment you'd engender among the "rich." And I must admit… since at least World War II, that's been a safe bet in American politics.
But you forgot one critical factor: We simply can't afford this nonsense anymore…
Immediately after your speech, the price of silver went from $39 to a new high above $42. Gold went up, too.
These are signs, Mr. President, that the world is losing confidence in our currency. If our foreign creditors were to call in our debts, America would suffer an economic cataclysm unlike anything we've ever seen in our entire history.
Americans now owe a total of $56 trillion. Without the Fed's money-printing, it's unlikely we could afford even the interest on these existing debts… much less the $1.5 trillion or more in debt you continue to rack up year after year by promising benefits we haven't earned.
Sooner or later, our foreign creditors are going to decide our money-printing amounts to a default, and they will stop buying our bonds. On that day, everyone who trusts you, everyone who believes in your lies, will be wiped out.
But that won't be as many people as you expect.
Almost every American knows in his heart what made this country great for the 200 years between 1776 and 1976. It wasn't the lies of our presidents. It wasn't our ability to print money and rip off our Chinese creditors. It wasn't the modern crybaby mentality of our school system or our unions. It wasn't the baby boomer's dream of a 40-year retirement with free prescription drugs.
And it sure as hell wasn't a suave, made-for-TV version of Karl Marx promising everything to everyone, but with no way to pay for it.
No. What built America was her people's unwavering faith that they were free to enjoy the rewards of their accomplishments.
As our country tumbles into bankruptcy and crisis, the people are going to want their prosperity back, Mr. President. And deep down, they all know… even your most fervent supporters know… you don't have the goods. You don't have the foggiest idea of how to deliver prosperity to America because, really, you don't understand what America is all about.
Regards,
Porter Stansberry
With today's essay, I am announcing my complete support for "the rich" – the class of people Mr. Obama and his ilk castigate at every opportunity. Ironically, it is these same people Obama expects to line up like sheep waiting to be sheared. My best advice? Don't get in that line.
Despite what Mr. Obama and his vast team of lawyer buddies, career academics, and professional bureaucrats believe, most "rich" people in America got that way by working hard for a long time. They got that way by taking risks, educating themselves, starting small businesses, and selling valuable services or products to their fellow citizens. They didn't inherit their wealth. They didn't rip anyone off. They didn't buy political favors from people like Barack Obama.
They got that way by working hard to achieve the original American Dream… not Obama's new "progressive" American Dream, where everyone can live at the expense of his neighbor. That's why Obama's grandstanding must be viewed in a new way. We need to realize when Obama vilifies the "rich," he is vilifying the "achievers."
And keep in mind … these achievers are already paying their share. The top 5% of income earners in America pay nearly 60% of this country's income taxes. Click Here.
America needs the achievers. We need investment. We need capital. We need jobs and innovation and vast increases to productivity. The government can supply none of these things. So to do my part, I plan to support the achievers.
Like it or not, as deep in debt as we are, the achievers are our only hope. That's why I'm standing up for them. We need the achievers – and we need more of them to want to come to America with their corporations and their wealth. You might admire the generosity and egalitarianism of idealized socialism in some pseudo-intellectual way… But we can't afford that nonsense right now. We don't have enough wealth on a net basis left to plunder.
We need more of the people Obama and his gang of petty tyrants label "rich," "greedy," and "mean spirited." These are the people who can get our country moving in the right direction, right away. Folks who have spent their lives in the real world recognize the people Obama calls "rich," "greedy," and "mean spirited" as "successful," "accomplished," and "hard working."
Now … before you send me an angry letter, ask yourself this question: If America had the lowest corporate tax rate in the world (instead of the highest), do you think we'd have more companies located here, or fewer?
If we got rid of the estate tax, which makes it impossible for successful entrepreneurs to leave their companies to their children, do you think we'd have more family businesses, or fewer? And if we taxed all people at the same (hopefully low) rate, do you think more wealthy people from around the world would want to live here, or fewer?
What can I do for the achievers? For one, I can stand up for them and try to convince you, my dear readers, that we need them – and we need more and more of them. As such, we shouldn't treat them so badly or try to steal from them so blatantly. More directly, of course, I can also support them by telling them exactly what they can still do to get out of that shearing line…
In the coming days, weeks, and months, you will see more and more evidence of my support for the "rich." I plan to offer you more and more information about how to get your assets outside the reach of Mr. Obama and his ilk, including more ideas like buying foreign real estate (which is, in my view, the best way to get your assets out of the U.S. without having to report a thing to the U.S. government).
You'll find this information and other ways to protect yourself from the currency crisis in my newsletter, Stansberry's Investment Advisory. Click here to gain access immediately.
Regards,
Porter Stansberry
Editor's note: The Weekend Edition is pulled from the daily S&A Digest, produced by Stansberry & Associates. The Digest comes free with a subscription to any of our premium products. To learn more about our research, including a secret that made one of Porter's mentors $1.5 million over the past few years… despite being much safer than most investments… click here.
Weekend Edition
Stansberry to Obama:
'We simply can't afford this nonsense anymore…'
Saturday, April 23, 2011
In honor of Monday's national Tax Day, I wrote the following letter to Mr. Barack Hussein Obama. Please feel free to pass this around if you like it…
Dear Mr. President,
Welcome to the ashbin of society.
With the speech you gave last week, you have firmly and permanently put yourself in the same garbage bag as all the other communists and socialists of the 20th century.
Your speech sounded like the faint echo of a speech Lenin gave in an icy square in Moscow 100 years ago.
The promises you made, Mr. President, about the government giving people things they can't provide for themselves – a better income, reliable health care, an advanced education, cheaper mortgages, a "shiny, happy" life – have been made time and time again… sometimes by speakers even better than you.
And they have always been lies.
While the government can demand obedience (and taxes), it can't mandate dedication, creativity, or innovation. The fact is, the government itself is nothing more (or less) than the organized ambitions of the people.
Promising something to the people that they don't already have is a logical absurdity. And therein lies the timeless flaw of all collectivist theory: Governments cannot deliver benefits to the people that the people cannot deliver to themselves.
To demonstrate this truth, consider this example… Governments cannot simply mandate higher tax revenue. Any substantial increase to tax rates will reduce total collections, an economic phenomenon known as the "Laffer Curve."
This has been proven countless times in our country and many others. Any sensible person will immediately understand why. Taxes are a disincentive. The higher the marginal rate of tax, the more powerful its impact.
That's why, over many decades (and many different tax structures), U.S. tax revenues have been remarkably stable at around 20% of GDP. That's why, as you surely know, Mr. President, changing the tax code will not result in increased tax revenue.
Taxing only the rich simply doesn't work. It never has. And it never will. To increase the government's revenues, we must first increase the size of the economy. The government cannot tax what the economy doesn't produce.
In another time, most Americans might have simply ignored your speech as the ignorant remarks of yet another handsome, Ivy League-educated, dilettante president. But at this point in our history, my bet is people are going to take you far more seriously than you expect. In fact, I think you're going to get what you deserve – the trash heap. Why will Americans turn on you so rapidly and so completely?
Two things have changed – forever – about American politics.
The first is the media and access to critical information. It's no longer possible for a president's administration to control what people read, see, and think by simply managing the evening news broadcasts.
Thus, all your lies are now exposed almost instantly and broadcast to millions of people via websites and services like the Drudge Report, Twitter, and Facebook. Socialism cannot possibly survive over any long period of time in a society with a free media – because socialism is based on a lie. Facebook means the "half-life" of socialism is now weeks instead of years.
Even mainstream publications like the Wall Street Journal have called you a liar recently. They have no choice. Your lies were broadcast to the entire world long before their op-ed pieces appeared.
Your advisors told you none of these "bloggers" mattered. All you had to do was promise more benefits to more voters and then force fewer voters to pay for it all. I'm sure you did the political calculus… You believed your power to bribe and bamboozle the poor and the ignorant was stronger than the resentment you'd engender among the "rich." And I must admit… since at least World War II, that's been a safe bet in American politics.
But you forgot one critical factor: We simply can't afford this nonsense anymore…
Immediately after your speech, the price of silver went from $39 to a new high above $42. Gold went up, too.
These are signs, Mr. President, that the world is losing confidence in our currency. If our foreign creditors were to call in our debts, America would suffer an economic cataclysm unlike anything we've ever seen in our entire history.
Americans now owe a total of $56 trillion. Without the Fed's money-printing, it's unlikely we could afford even the interest on these existing debts… much less the $1.5 trillion or more in debt you continue to rack up year after year by promising benefits we haven't earned.
Sooner or later, our foreign creditors are going to decide our money-printing amounts to a default, and they will stop buying our bonds. On that day, everyone who trusts you, everyone who believes in your lies, will be wiped out.
But that won't be as many people as you expect.
Almost every American knows in his heart what made this country great for the 200 years between 1776 and 1976. It wasn't the lies of our presidents. It wasn't our ability to print money and rip off our Chinese creditors. It wasn't the modern crybaby mentality of our school system or our unions. It wasn't the baby boomer's dream of a 40-year retirement with free prescription drugs.
And it sure as hell wasn't a suave, made-for-TV version of Karl Marx promising everything to everyone, but with no way to pay for it.
No. What built America was her people's unwavering faith that they were free to enjoy the rewards of their accomplishments.
As our country tumbles into bankruptcy and crisis, the people are going to want their prosperity back, Mr. President. And deep down, they all know… even your most fervent supporters know… you don't have the goods. You don't have the foggiest idea of how to deliver prosperity to America because, really, you don't understand what America is all about.
Regards,
Porter Stansberry
With today's essay, I am announcing my complete support for "the rich" – the class of people Mr. Obama and his ilk castigate at every opportunity. Ironically, it is these same people Obama expects to line up like sheep waiting to be sheared. My best advice? Don't get in that line.
Despite what Mr. Obama and his vast team of lawyer buddies, career academics, and professional bureaucrats believe, most "rich" people in America got that way by working hard for a long time. They got that way by taking risks, educating themselves, starting small businesses, and selling valuable services or products to their fellow citizens. They didn't inherit their wealth. They didn't rip anyone off. They didn't buy political favors from people like Barack Obama.
They got that way by working hard to achieve the original American Dream… not Obama's new "progressive" American Dream, where everyone can live at the expense of his neighbor. That's why Obama's grandstanding must be viewed in a new way. We need to realize when Obama vilifies the "rich," he is vilifying the "achievers."
And keep in mind … these achievers are already paying their share. The top 5% of income earners in America pay nearly 60% of this country's income taxes. Click Here.
America needs the achievers. We need investment. We need capital. We need jobs and innovation and vast increases to productivity. The government can supply none of these things. So to do my part, I plan to support the achievers.
Like it or not, as deep in debt as we are, the achievers are our only hope. That's why I'm standing up for them. We need the achievers – and we need more of them to want to come to America with their corporations and their wealth. You might admire the generosity and egalitarianism of idealized socialism in some pseudo-intellectual way… But we can't afford that nonsense right now. We don't have enough wealth on a net basis left to plunder.
We need more of the people Obama and his gang of petty tyrants label "rich," "greedy," and "mean spirited." These are the people who can get our country moving in the right direction, right away. Folks who have spent their lives in the real world recognize the people Obama calls "rich," "greedy," and "mean spirited" as "successful," "accomplished," and "hard working."
Now … before you send me an angry letter, ask yourself this question: If America had the lowest corporate tax rate in the world (instead of the highest), do you think we'd have more companies located here, or fewer?
If we got rid of the estate tax, which makes it impossible for successful entrepreneurs to leave their companies to their children, do you think we'd have more family businesses, or fewer? And if we taxed all people at the same (hopefully low) rate, do you think more wealthy people from around the world would want to live here, or fewer?
What can I do for the achievers? For one, I can stand up for them and try to convince you, my dear readers, that we need them – and we need more and more of them. As such, we shouldn't treat them so badly or try to steal from them so blatantly. More directly, of course, I can also support them by telling them exactly what they can still do to get out of that shearing line…
In the coming days, weeks, and months, you will see more and more evidence of my support for the "rich." I plan to offer you more and more information about how to get your assets outside the reach of Mr. Obama and his ilk, including more ideas like buying foreign real estate (which is, in my view, the best way to get your assets out of the U.S. without having to report a thing to the U.S. government).
You'll find this information and other ways to protect yourself from the currency crisis in my newsletter, Stansberry's Investment Advisory. Click here to gain access immediately.
Regards,
Porter Stansberry
Editor's note: The Weekend Edition is pulled from the daily S&A Digest, produced by Stansberry & Associates. The Digest comes free with a subscription to any of our premium products. To learn more about our research, including a secret that made one of Porter's mentors $1.5 million over the past few years… despite being much safer than most investments… click here.
Saturday, April 23, 2011
Ethanol
Food and Fuel prices moving together
We now pay fuel prices for our food
In 2005 and 2007 energy bills, Congress mandated that ethanol be incorporated into fuel blends.
13.5 billion bushels of corn expected to be produced in US in 2011.
Of that, ethanol will consume 5 billion bushels - 37% of the total.
Amount used for food is 1.1 billion - 8.3% of the total.
16% of US corn is exported.
Wonder why 13.5 ounces of corn flakes costs almost $4.00. Because we now pay "fuel prices" for our food. And, as the price of oil goes up, so do food prices because food is now on two price indexes.
American farmers are planting 92.2 million acres of corn this year. That is four million acres more than we planted last year... meanwhile our corn supply is nearing a 15-year low.
It takes 26 pounds of corn to equal one gallon of ethanol.
Almost 40% of America's corn crop last year went into the gas tanks of our cars, not in the dinner pots of American homes.
Cornell University found that it takes 140 gallons of fossil fuels to plant, grow and harvest 1 acre of corn, which is around 183 bushels. Once harvested, it takes even more fossil fuels to convert the corn into ethanol. Cornell concluded that it took more fuel to produce ethanol than ethanol would yield in return. They came to the same conclusion using switchgrass, wood, soybean, and sunflowers.
[Center for the Defense of Free Enterprise]
Thursday, April 21, 2011
Book snapshot: Courting Disaster
WHAT THE CIA USED TO DO ... WORTH READING AND PASSING ALONG
COURTING DISASTER
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As President George W. Bush's top speechwriter, Marc Thiessen was provided unique access to the CIA program used in interrogating top Al Qaeda terrorists, including the mastermind of the 9/11 attack, Khalid Sheikh Mohammad (KSM).
Now, in his riveting new book, Courting Disaster, How the CIA Kept America Safe and How Barack Obama Is Inviting the Next Attack.
Here is an excerpt from Courting Disaster:
Just before dawn on March 1, 2003, two dozen heavily armed Pakistani tactical assault forces move in and surround a safe house in Rawalpindi. A few hours earlier they had received a text message from an informant inside the house. It read: "I am with KSM."
Bursting in, they find the disheveled mastermind of the 9/11 attacks, Khalid Sheikh Mohammed, in his bedroom. He is taken into custody. In the safe house, they find a treasure trove of computers, documents, cell phones and other valuable "pocket litter."
Once in custody, KSM is defiant. He refuses to answer questions, informing his captors that he will tell them everything when he gets to America and sees his lawyer. But KSM is not taken to America to see a lawyer. Instead he is taken to a secret CIA "black site" in an undisclosed location.
Upon arrival, KSM finds himself in the complete control of Americans. He does not know where he is, how long he will be there, or what his fate will be.
Despite his circumstances, KSM still refuses to talk. He spews contempt at his interrogators, telling them that Americans are weak, lack resilience, and are unable to do what is necessary to prevent the terrorists from succeeding in their goals. He has trained to resist interrogation. When he is asked for information about future attacks, he tells his questioners scornfully: "Soon, you will know."
It becomes clear he will not reveal the information using traditional interrogation techniques. So he undergoes a series of "enhanced interrogation techniques" approved for use only on the most high-value detainees. The techniques include waterboarding.
His resistance is described by one senior American official as "superhuman." Eventually, however, the techniques work, and KSM becomes cooperative-for reasons that will be described later in this book.
He begins telling his CIA de-briefers about active al Qaeda plots to launch attacks against the United States and other Western targets. He holds classes for CIA officials, using a chalkboard to draw a picture of al Qaeda's operating structure, financing, communications, and logistics. He identifies al Qaeda travel routes and safe havens, and helps intelligence officers make sense of documents and computer records seized in terrorist raids. He identifies voices in intercepted telephone calls, and helps officials understand the meaning of coded terrorist communications. He provides information that helps our intelligence community capture other high-ranking terrorists.
KSM's questioning, and that of other captured terrorists, produces more than 6,000 intelligence reports, which are shared across the intelligence community, as well as with our allies across the world.
In one of these reports, KSM describes in detail the revisions he made to his failed 1994-1995 plan known as the "Bojinka plot" to blow up a dozen airplanes carrying some 4,000 passengers over the Pacific Ocean.
Years later, an observant CIA officer notices that the activities of a cell being followed by British authorities appear to match KSM's description of his plans for a Bojinka-style attack.
In an operation that involves unprecedented intelligence cooperation between our countries, British officials proceed to unravel the plot. On the night of Aug.9, 2006 they launch a series of raids in a northeast London suburb that lead to the arrest of two dozen al Qaeda terrorist suspects. They find a USB thumb-drive in the pocket of one of the men with security details for Heathrow airport, and information on seven trans-Atlantic flights that were scheduled to take off within hours of each other:
• United Airlines Flight 931 to San Francisco departing at 2:15 p.m.;
• Air Canada Flight 849 to Toronto departing at 3:00 p.m.;
• Air Canada Flight 865 to Montreal departing at 3:15 p.m.;
• United Airlines Flight 959 to Chicago departing at 3:40 p.m.;
• United Airlines Flight 925 to Washington departing at 4:20 p.m.;
• American Airlines Flight 131 to New York departing at 4:35 p.m; and
• American Airlines Flight 91 to Chicago departing at 4:50 p.m.
They seize bomb-making equipment and hydrogen peroxide to make liquid explosives. And they find the chilling martyrdom videos the suicide bombers had prepared.
Today, if you asked an average person on the street what they know about the 2006 airlines plot, most would not be able to tell you much. Few Americans are aware of the fact that al Qaeda had planned to mark the fifth anniversary of 9/11 with an attack of similar scope and magnitude.
And still fewer realize that the terrorists' true intentions in this plot were uncovered thanks to critical information obtained through the interrogation of the man who conceived it: Khalid Sheikh Mohammed.
This is only one of the many attacks stopped with the help of the CIA interrogation program established by the Bush Administration in the wake of the Sept. 11, 2001, terrorist attacks.
Editor's Note: For other foiled terrorist plots, see page 9 of Courting Disaster.
In addition to helping break up these specific terrorist cells and plots, CIA questioning provided our intelligence community with an unparalleled body of information about al Qaeda.
Until the program was temporarily suspended in 2006, intelligence officials say, well over half of the information our government had about al Qaeda-how it operates, how it moves money, how it communicates, how it recruits operatives, how it picks targets, how it plans and carries out attacks-came from the interrogation of terrorists in CIA custody.
Former CIA Director George Tenet has declared: "I know that this program has saved lives. I know we've disrupted plots. I know this program alone is worth more than what the FBI, the Central Intelligence Agency, and the National Security Agency put together have been able to tell us."
Former CIA Director Mike Hayden has said: "The facts of the case are that the use of these techniques against these terrorists made us safer. It really did work."
Even Barack Obama's Director of National Intelligence, Dennis Blair, has acknowledged: "High-value information came from interrogations in which those methods were used and provided a deeper understanding of the al Qaeda organization that was attacking this country."
Leon Panetta, Obama's CIA Director, has said: "Important information was gathered from these detainees. It provided information that was acted upon."
And John Brennan, Obama's Homeland Security Advisor, when asked in an interview if enhanced-interrogation techniques were necessary to keep America safe, replied: "Would the U.S. be handicapped if the CIA was not, in fact, able to carry out these types of detention and debriefing activities? I would say yes."
On Jan. 22, 2009, President Obama issued Executive Order 13491, closing the CIA program and directing that, henceforth, all interrogations by U.S personnel must follow the techniques contained in the Army Field Manual.
The morning of the announcement, Mike Hayden was still in his post as CIA Director, He called White House Counsel Greg Craig and told him bluntly: "You didn't ask, but this is the CIA officially non-concurring. The president went ahead anyway, overruling the objections of the agency.
A few months later, on April 16, 2009, President Obama ordered the release of four Justice Department memos that described in detail the techniques used to interrogate KSM and other high-value terrorists. This time, not just Hayden (who was now retired) but five CIA directors -- including Obama's own director, Leon Panetta -- objected. George Tenet called to urge against the memos' release. So did Porter Goss. So did John Deutch. Hayden says: "You had CIA directors in a continuous unbroken stream to 1995 calling saying, 'Don't do this.'"
In addition to objections from the men who led the agency for a collective 14 years, the President also heard objections from the agency's covert field operatives. A few weeks earlier, Panetta had arranged for the eight top officials of the Clandestine Service to meet with the President. It was highly unusual for these clandestine officers to visit the Oval Office, and they used the opportunity to warn the President that releasing the memos would put agency operatives at risk. The President reportedly listened respectfully-and then ignored their advice.
With these actions, Barack Obama arguably did more damage to America 's national security in his first 100 days of office than any President in American history
Sunday, April 17, 2011
Who is looking out for you?
Friday, April 15, 2011
Gas prices up. Tax. Refineries.
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Gas prices in some areas are approaching $5.00 per gallon in April 2011
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Big Gov Federal Tax on gasoline is 18.4 cents per gallon. Then tack on state taxes ranging from 8 cents a gallon in Alaska to 47.7 cents in California. Then add the federal tax of 18.4 cpg for a total of 67.1 cents per gallon for Californians. It is even worse for diesel at 76 cpg.
US average for state excise/sales taxes on gasoline is 29.7 cents per gallon.
How much did the evil Sunoco, Exxon, BP corporations make on that gallon of gas? Between 8 and 10 cents per gallon (refinery fees if any not included).
There has not been a new oil refinery built in US since 1976. 35 years! The last one built was in Garyville, Louisiana. In 1975 there were 137,912,779 vehicles on the road in America. By 2008 this number had grown to 255,917,664, an increase of 85%, yet no additional refineries have been built. In fact, there are only 149 oil refineries in the US today, down from over 300.
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Gasoline prices were down in June 2010.
I have noticed that the price of gasoline at the pump has dropped recently.
Do you suppose that Obama has cut some kind of back room price deal with the Middle Eastern oil cartels to boost his sagging popularity.
Oh. No. He would not do that.
But wait. There were wild accusations by the Big Time Democrat Reporters that George Bush 43 had done this very thing while President.
Still, you know what is going to happen if the Democrats pass Cap and Trade. Remember this is based on the Democrat global warming scan.
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