Sunday, August 14, 2011

The Rule of Commissar Obamanation.

And it came to pass in the Age of Insanity that the people of the land called America , having lost their morals, their initiative, and their will to defend their liberties, chose as their Supreme Leader that Person known as "The One."


He emerged from the vapors with a message that had no meaning; but He Hypnotized the people telling them, "I am sent to save you." My lack of experience, my questionable ethics, my monstrous ego, and my association with evil doers are of no consequence. I shall save you with Hope and Change. Go, therefore, and proclaim throughout the land that he who proceeded me is evil, that he has defiled the nation, and that all he has built must be destroyed. And the people rejoiced, for even though they knew not what "The One" would do, he had promised that it was good; and they believed. And "The One" said " We live in the greatest country in the world. Help me change everything about it!"
And the people said, "Hallelujah! Change is good!"

Then He said, "We are going to tax the rich fat-cats." And the people said "Sock it to them!" "And redistribute their wealth." And the people said, "Show us the money!" And the he said, " redistribution of wealth is good for everybody.."

And Joe the plumber asked, " Are you kidding me? You're going to steal my money and give it to the deadbeats??" And "The One" ridiculed and taunted him, and Joe's personal records were hacked and publicized.
One lone reporter asked, "Isn't that Marxist policy?" And she was banished from the Kingdom's press corps".

Then a citizen asked, "With no foreign relations experience and having zero military experience or knowledge, how will you deal with Radical terrorists?" And "The One" said, "Simple. I shall sit with them and talk with them and show them how nice we really are; and they will forget that they ever wanted to kill us all!" And the people said, "Hallelujah!! We are safe at last, and we can beat our weapons into free cars for the people!"
 

Then "The One" said "I shall give 95% of you lower taxes." And one, lone voice said, "But 40% of us don't pay ANY taxes." So "The One" said, "Then I shall give you some of the taxes the fat-cats pay!" And the people said, "Hallelujah! Show us the money!"

Then "The One" said, "I shall tax your Capital Gains when you sell your homes!" And the people yawned and the slumping housing market collapsed. And He said. "I shall mandate employer-funded health care for every worker and raise the minimum wage. And I shall give every person unlimited healthcare and medicine and transportation to the clinics." And the people said, "Give me some of that!" Then he said, "I shall penalize employers who ship jobs overseas." And the people said, "Where's my rebate check?"
 

Then "The One" said, "I shall bankrupt the coal industry and electricity rates will skyrocket!" And the people said, "Coal is dirty, coal is evil, no more coal! But we don't care for that part about higher electric rates." So "The One" said, Not to worry. If your rebate isn't enough to cover your expenses, we shall bail you out. Just sign up with the ACORN and you troubles are over!"
 
Then He said, "Illegal immigrants feel scorned and slighted. Let's grant them amnesty, Social Security, free education, free lunches, free medical care, bi-lingual signs and guaranteed housing..." And the people said, "Hallelujah!" and they made him king!

And so it came to pass that employers, facing spiraling costs and ever-higher taxes, raised their prices and laid off workers. Others simply gave up and went out of business and the economy sank like unto a rock dropped from a cliff.

The bank banking industry was destroyed. Manufacturing slowed to a crawl. And more of the people were without a means of support.

Then "The One" said, "I am the "the Chosen One"- The Messiah - and I'm here to save you! We shall just print more money so everyone will have enough!" But our foreign trading partners said unto Him. "Wait a minute. Your dollar is not worth a pile of camel dung! You will have to pay more... And "The One" said, "Wait a minute. That is not fair!!" And the world said, "Neither are these other idiotic programs you have embraced. Lo, you have become a Socialist state and a second-rate power. Now you shall play by our rules!"


And the people cried out, "Alas, alas!! What have we done?" But yea verily, it was too late. The people set upon The One and spat upon him and stoned him, and his name was dung. And the once mighty nation was no more; and the once proud people were without sustenance or shelter or hope. And the Change "The One" had given them was as like unto a poison that had destroyed them and like a whirlwind that consumed all that they had built.


And the people beat their chests in despair and cried out in anguish, "give us back our nation and our pride and our hope!!" But it was too late, and their homeland was no more.



This Man Has Courage!

Mychal Massie is chairman of the National Leadership Network of Black Conservatives-Project 21 – a conservative black think tank located in Washington, D.C. He was recognized as the 2008 Conservative Man of the Year by the Conservative Party of Suffolk County, N.Y. He is a nationally recognized political activist, pundit and columnist. He has appeared on Fox News Channel, CNN, MSNBC, C-SPAN, NBC, Comcast Cable and talk radio programming nationwide. A former self-employed business owner of more than 30 years, Massie can be followed at mychal-massie.com.

Amplify’d from www.wnd.com
Nero in the White House
Posted: August 08, 2011
5:20 pm Eastern

Three significant historical events have been eclipsed by Obama: 1) Jimmy Carter will no longer be looked upon as the worst president in American history; 2) Richard Nixon and Bill Clinton will no longer be recognized as the greatest liars in presidential history; 3) Clinton's stain on Monica's dress, and what that did to the White House in general and the office of the president specifically, will forever pale in comparison to the stain and stench of Obama.

I need not spend much time on the failure of Obama as president. His tenure has been a failure on every measurable level. So much so, in fact, that some of the staunchest, most respected liberal Democrats and Democratic supporters have not only openly criticized him – some even more harshly than this essayist – but they have called for him to step down.

Richard Nixon's words "I am not a crook," punctuated with his involvement in Watergate, and Bill Clinton's finger-wagging as he told one of the most pathetic lies in presidential history, in the aftermath of Obama, will be viewed as mere prevarications.

Mr. Nixon and Clinton lied to save their backsides. Although, I would argue there are no plausible explanations for doing what they did, I could entertain arguments pursuant to understanding their rationales for lying. But in the case of Obama, he lies because he is a liar. He doesn't only lie to cover his misdeeds – he lies to get his way. He lies to belittle others and to make himself look presentable at their expense. He lies about his faith, his associations, his mother, his father and his wife. He lies and bullies to keep his background secret. His lying is congenital and compounded by socio-psychological factors of his life.

Never in my life, inside or outside of politics, have I witnessed such dishonesty in a political leader. He is the most mendacious political figure I have ever witnessed. Even by the low standards of his presidential predecessors, his narcissistic, contumacious arrogance is unequalled. Using Obama as the bar, Nero would have to be elevated to sainthood.

As the stock markets were crashing, taking with them the remaining life saving of untold tens of thousands, Obama was hosting his own birthday celebration, which was an event of epicurean splendidness. The shamelessness of the event was that it was not a state dinner to welcome foreign dignitaries, nor was it to honor an American accomplishment – it was to honor the Pharaoh, Barack Hussein Obama. The event's sole purpose was for the Pharaoh to have his loyal subjects swill wine, indulge in gluttony and behavior unfit to take place on the property of taxpayers, as they suffer. It was of a magnitude comparable to that of Tyco CEO Dennis Kozlowski's $2 million birthday extravaganza for its pure lack of respect for the people.

Permit me to digress momentarily. The U.S. Capitol and the White House were built with the intent of bringing awe and respect to America and her people. They were also built with the intent of being the greatest of equalizers. I can tell you, having personally been to both, there is a moment of awe and humility associated with being in the presence of the history of those buildings. They are to be honored and inscribed into our national psyche, not treated as a Saturday night house party at Chicago's Cabrini-Green.

The people of America own that home Obama and his wife continue to debase with their pan-ghetto behavior. It is clear that Obama and family view themselves as royalty, but they're not. They are employees of "we the people," who are suffering because of his failed policies. What message does this behavior send to those who today are suffering as never before?

What message does it send to all Americans who are struggling? Has anyone stopped to think what the stock market downturn forebodes for those 80 million baby boomers who will be retiring in the next period of years? Is there a snowball's chance in the Sahara that every news program on the air would applaud this behavior if it were George W. Bush? To that point, do you remember the media thrashing Bush took for having a barbecue at the White House?

Like Nero – who was only slightly less debaucherous than Caligula – with wine on his lips Obama treated "we the people" the way Caligula treated those over whom he lorded.

Many in America wanted to be proud when the first person of color was elected president, but instead, they have been witness to a congenital liar, a woman who has been ashamed of America her entire life, failed policies, intimidation and a commonality hitherto not witnessed in political leaders. He and his wife view their life at our expense as an entitlement – while America's people go homeless, hungry and unemployed.

Read more at www.wnd.com
 

Friday, August 5, 2011

Marc Faber says "Brace for a Global 'Reboot' and War

This man is very wise and all who listen to him will benefit greatly.

Amplify’d from www.cnbc.com

Faber: Brace for a Global 'Reboot' and a War

Published:
Friday, 5 Aug 2011 | 7:51 AM ET
Text Size
By: Peter Guest
Staff Writer, CNBC.com

Markets could rebound after Thursday's global market sell-off, but investors should see any bounce as a selling opportunity, as the world economy rolls towards total collapse, Mark Faber, editor and publisher of the Boom, Doom and Gloom Report, told CNBC Friday.

Dr. Marc Faber
Axel Griesch | ASFM | Getty Images
Dr. Marc Faber

A mooted third round of quantitative easing





(QE3) in the U.S. and more money printing elsewhere is merely deferring a crisis that will be bigger and could end in war, Faber said.

The Dow Jones Industrial Average [.DJIA 
11383.68 
--- 
UNCH 
(0)

 
]
suffered its worst losses in three years Thursday, shedding more than 500 points.

"My view is that the market has experienced everywhere huge technical damage," Faber said. "As of today, all markets are extremely oversold, so a rebound is going to happen (Friday) or on Monday, but the damage technically is so great that the rebound, no matter whether QE3 happens right here, it's unlikely to lift markets above the May 2 high of the (S&P 500)[.SPX 
1200.07 
--- 
UNCH 
(0)

 
]
at 1370."

Faber thinks that by the end of the fall, the S&P 500 will have slid to around 1150, and investors will be hoping that further round of monetary easing will stabilize markets.

"In general, I would be using rebounds as a selling opportunity," Faber said.

Buying Treasurys as a safe haven is no longer a smart play, he added.

"I think Treasurys are perceived still as a safe haven because everybody knows the U.S. has an endless ability to print money. The interest will be paid," he said. "The trouble is that governments can default in two ways. Either they just stop paying the interest and there is a debt restructuring, like Argentina went through; or they just pay the interest and the principle eventually, in a worthless currency. That's the way the U.S. will likely do it."

Gold [GCCV1 
1655.90 
 
-3.10 
(-0.19%)

 
]
and silver have been overbought, and may see a correction in the coming weeks, but Faber believes that should be seen as a buying opportunity as investors begin to shun paper assets.

"Gold miners are hit very hard and the gold price went up. People don't trust paper anymore. That is one of the problems," he said.

However, temporary upturns and the artificial boost to markets given by printing money only disguise the coming threat to the world economy, Faber warned.

"You have a computer. Occasionally the computer will crash and you have to reboot it. That will happen to the global economy. Before this happens there will be much more money printing because basically the central banks are willing to do that," he said. "By printing money, problems are not solved, but they can be postponed, and they become larger. It's like the recession in 2001. Had there not been massive money printing, it would have been steeper than what we had, but equally, we would have avoided probably the financial crash in 2008."

The next crisis will be far bigger, according to Faber.

"The next time we have a global economic crisis, it will be much worse than 2008. Before this happens there will be money printing and there will be war. The whole system will collapse," he said. "That's why I'm advising people that they have to think it through. In a total collapse you don't want to own government bonds and cash."

He added: "Equities—they don't perform well, but at least you have the ownership of companies. Precious metals in that environment do relatively well. And of course, oil would do well if there was a war."

Read more at www.cnbc.com
 

Thursday, August 4, 2011

What Happens if There Are No Real Cuts in Spending?

Mauldin is right, if real cuts in spending are not made then horror awaits us!



See video at:

http://finance.yahoo.com/blogs/daily-ticker/john-mauldin-u-must-cut-10-trillion-10-193254628.html#more-id

Amplify’d from finance.yahoo.com

John Mauldin: The U.S. Must Cut $10 Trillion in 10 Years, or Taxes Will Skyrocket

By Peter Gorenstein | Daily Ticker – 18 hours ago

This week's debt ceiling deal seems not to have satisfied anyone on either side of the political spectrum. For the Tea Party and fiscal conservatives, the deal to cut $2.4 trillion in spending over the next 10 years does not go far enough. For liberals, the deal calls for too many spending cuts, especially to Medicare, without raising revenues, that is to say taxes.


John Mauldin, president of Millennium Wave Advisors and author of Endgame: The End of the Debt Supercycle and How It Changes Everything, says we need a combination for both. He's calling for greater debt reduction through spending cuts and tax hikes, not an easy position for the Republicans to take. "We've got to cut spending, and I'm afraid we're going to end up having to find ways to raise revenues," he tells Henry Blodget. "You can call it tax increases, you can call it reducing the tax expenditures."


For the U.S. to make any progress on the deficit, Mauldin says Congress must cut $10 trillion over the next decade. Make no mistake, cutting that much will cause pain, but the alternative to continue to kick the can down the road will only create more pain. "We don't want to become Greece," he warns. If we fail to address the problems now, we'll have to "raise taxes to levels nobody can comprehend," he argues.


What about those who say we should just default?


That's not an option," he says. "We're the world's reserve currency. We can't do that. It would cause global crisis, global recession, trade wars and an economic catastrophe on par with the 1930s."

Read more at finance.yahoo.com