Feeds:
Posts
Comments

Posts Tagged ‘Politics’

There has never been a time in America’s history the evidence has been so strong and so out in the open for the charge of seditious treason. The liberal, progressive Democratic Party has done or tried to do everything in their power imaginable to hurt the economy and the American working class citizens.

The liberal progressive Democratic Party has intentionally tried to undermine the constitutional republic from within the governing bodies of the house the senate and the presidency. I will list the extensive damages they have imposed or tried to impose on the working class American citizens since they took control of the house and the senate in January of 2007.

Not properly regulating the banks.

Democrats Barney frank and Chris Dodd’s Failure to regulate the credit default swaps arm of the banking industry even know they were warned 17 times on the record by many republicans congressmen, president Bush, Alan Greenspan and John McCain who actually wrote a bill to stop credit default swaps in 2006 but it never even got to the floor for a vote because the chairmen of the banking committee Barney Frank wouldn’t allow it to. Now we have a zombie banking system that uses most of its available money to finance federal deficit spending by purchasing debt bonds rather than making loans to the public. This is why the economy is stagnant and not going any ware.

Regulations to control small business just like in a fascist government.

Democrat’s passed multiple bills to regulate and control the private sector small businesses that normally provide 70% of all the jobs. This was done in the identical fashion that the fascists under Mussolini’s government wanted to run their version of socialism in Europe. This is also very similar if not identical to Hitler’s national workers socialist party and how they would control privately owned businesses under Hitler’s regime through heavy regulation. Nancy Pelosi (D – CA) started this as soon as she became the speaker of the house in 2007

 I find it moronic that liberals try to tag republicans as being fascist when there’s not one thing in the republican party of Abraham Lincoln that even looks remotely like what the liberals progressive democrats practice which is fascism and Nazism, which are both based on socialism and they all came from Karl Marx communism.

Federal out of control deficit spending

The trillion dollars plus self-created Federal deficit spending by the liberal democrats was done as soon as they passed their first budget in April of 2007 for the budget year 2008 which ended September 2008 the month the banks collapsed. The media and what could be termed as common knowledge is in fact nothing more than the normal disinformation put out by the liberal fringe media. The general public still believes that the huge trillion-dollar deficits are the republicans fault but there’s no evidence of that except thousands of articles written by the great deceivers the liberal progressives in the media and the democrat party.

The records of the CBO, the federal reserve and the department of labor and statistics all show that it was the first democrat controlled congress in 2007 that blew up the budget by $1 trillion in their first budget as soon as they got control of spending and 18 months before the banks collapsed. (Seditious Treason)

Liberal progressive democrat’s refusal to cut any federal spending or any government program is lunacy and will lead to the demise of the currency stealing away all Americans wealth and savings through hyperinflation of our currency. We are barrowing or printing 43% of all federal spending and the democrats insist we need to do more spending. (Seditious Treason)

Republicans have voted unanimously against these out of control spending bills. Republicans had spending almost under control the last year they passed a budget it was 161 billion and now its $1.6 trillion or 10 times what the last republican budget deficit was. So how can anyone but an ill-informed person or a lying liberal make the claim that it’s the republicans fault, seek the truth I always do and you should too.

If I wanted to destroy the country from within I would do exactly what the democrats did from January 2007 to 2011 (and they are still trying to do) while they were in control of congress. (Seditious Treason)

Immigration laws

The federal government has been ignoring immigration laws and constitutional laws by refusing to protect the boarders of our country. We have been invaded by a foreign country and we have a government that refuses to repel that invasion. These 11 million illegal invaders are illegal and are stealing jobs away from Americans by the millions because of the policies of the liberal progressive Democratic Party. What part of the word illegal don’t they understand? (Seditious Treason)

Every time a state passes its own laws that mirror federal immigration law the department of justice sues the states. There have been six states so far that have passed their own immigration laws and Obama’s justice department has sued all six trying to stop the states from enforcing mirrored federal laws to protect their boarders and protect American citizens from an invasion of foreigners. (Seditious Treason)

I just can’t buy that crap line about Americans won’t do the work that they do because my whole family has been and still does all the things the illegal’s invaders do. They have beaten the prices down in the construction industry to the point it’s hardly worth being in it. I am American Irish and my family came from Ireland with the first settlers in the early 1700s and my family has been here since before America became a country and I do what politicians say Americans won’t do. They are so full of shit! I demand an apology!

Healthcare

Obama’s, the liberal democrats and Mitt Romney’s Healthcare

Obama’s Healthcare bill passed in 2010 has already cost the American people about $500 billion in higher premiums paid to insurance companies over the last 2 years. While the democrats promised this would bring the cost of insurance premiums down the opposite has happened and prices have skyrocketed. (Seditious Treason)

Let see how much this hurts the American people by doing a little math and looking for the logic in passing a mandate to force people to buy healthcare insurance.

The healthcare bill advocates and Nancy Pelosi makes the false claim it’s going to insure 36 million people but that’s not true. Here is what it really does! It forces 30 million of the 36 million uninsured people to purchase health care insurance or pay a fine. The 30 million forced into the system and the 180 million already insured will pay for the 6 million that can’t afford healthcare insurance. So you are going to force a total of 210 million people to pay for the insurance of just 6 million people. There is no logical explanation for this lunacy! If liberals want this kind of socialism make them pay for 100% of it, we know who they are.

This is nothing more than a power grab to get complete control of the American economy. (What’s left of it?) The democrats have passed so much legislation to regulate all sectors of the economy with this healthcare bill added governments now have it all. The Federal government already controls $3.8 trillion of the economy. This healthcare legislation gives them control of an additional $2.1 trillion more. The states have control of $1.8 trillion and when you combine all those numbers together the governments now have control of $7.7 trillion of the economy in a $15 trillion economy and these adds up to they now control more than half of all the money and people wonder why there aren’t any jobs. What they don’t directly control they control by heavy regulation and that’s what fascists do to control their economies. That didn’t work either ask Mussolini oh that right he’s dead they hung him.

Where is there any logic in all of this? If your one of those people who thinks it’s a good idea to force 210 million people to pay for some one else’s healthcare you probably don’t pay for your healthcare or you don’t have any and you want some free stuff or you may think money grows on trees or just falls out of the sky. Maybe it comes from Obama’s stash of cash or perhaps the money comes from leprechaun’s in fairy like Irish folklore.

I also want to remind you this has already cost the American people $500 billion in the last 2 years and before any of the 6 million who are to be covered by this mandate will benefit from it. This will cost another $500 billion or a total of $1 trillion price tag in higher insurance premiums before anyone gets a dime of benefits in 2014. This doesn’t include any government deficits that are now being estimated to add at least another $1 trillion in deficit spending over 10 years once benefits are being paid out. This is both insanity and Seditious Treason.

Crap and tax

H.R. 2454: American Clean Energy and Security Act of 2009

This is the so-called Waxman-Markey cap-and-trade bill that got passed in the House of Representatives but never passed the senate. Even know democrats had a supper majority in both the house and the senate they didn’t need one republican vote and still couldn’t get this piece of crap through.

Some of the basic costs of this bill that would hurt the American people were as follows: it would raise gasoline prices 77 cents a gallon and diesel 88 cents a gallon by a direct tax adding to existing taxes. It was said that electric bills would go up 90% (How is that good for America?)

We have seen what $4.00 gallon gasoline does to the economy. Why would any sane person want to intentionally increase the cost of gasoline by 77 cents? My point is dual they are insane people and they are working directly against what’s good for the working class Americans the backbone of what makes this country work. Who are the people who already pay for all the wealth redistribution we already have? The American private sector worker and tax payer!

Liberal, progressive Democrats are trying to destroy us from within. (Seditious Treason)

In each of the above mention items pay a special intention to this. None of what the democrats have done or tried to do over the last 4 years is good for the majority of the American people. The very small percentages of people who have or would benefit from the programs are small and the cost in trillions of dollars is unbelievably huge, inexcusable and unforgivable.

The democrats plan was and is to pass costly legislation one thing building upon the other with huge price tags until all of them combined would waste and cost so much money the economy can no longer sustain itself and collapse. They have tried to do this with government spending and with heavy regulations on small business to slowdown the economy. This is what all of the above adds up to in dollars when you do the math it eventually becomes an impossible equation for the country to survive and the economy implodes. (Seditious Treason)

I will say it again here if I wanted to devise a plan to destroy America from within and without firing a shot and with no military. I would do exactly what the democrats have been doing and continue to do. That is the definition of seditious treason. Why hasn’t anyone of note on the republican side made this charge publicly or in a court of law?

Here is more peice of common sense evidence that the charge of seditious treason fits the actions of the liberal progressive Democratic Party. It has been said by me and many other economists in order to fix the country we have to undo all the democrats did in there 4 years of controlling the House of Representatives, Senate and the presidency. Logic dictates if this is the case and it is that if everything they did has to be undone to fix the economy then it really was all bad for the people, the economy and the country. (Seditious Treason)

Did Liberal progressive democrats do all this on purpose or are they just that stupid? This is a question I am not sure about I would ask your help as many heads are better than one.

To say the democrats did this on purpose implies intelligence on their part and I have a reluctance to give them credit for any intelligence. But then there is the other possibility and that’s they are intelligent enough to devise a plan to destroy the country, but don’t have the wisdom to see the consequences of their actions and no idea how to create or fix what they destroyed.

 

This is the exact law describing seditious treason.

Whoever knowingly or willfully advocates, abets, advises, or teaches the duty, necessity, desirability, or propriety of overthrowing or destroying the government of the United States or the government of any State, Territory, District or Possession thereof, or the government of any political subdivision therein, by force or violence, or by the assassination of any officer of any such government;

or Whoever, with intent to cause the overthrow or destruction of any such government, prints, publishes, edits, issues, circulates, sells, distributes, or publicly displays any written or printed matter advocating, advising, or teaching the duty, necessity, desirability, or propriety of overthrowing

or destroying any government in the United States by force or violence, or attempts to do so; or Whoever organizes or helps or attempts to organize any society, group, or assembly of persons who teach, advocate, or encourage the overthrow or destruction of any such government by force or violence;

or becomes or is a member of, or affiliates with, any such society, group, or assembly of persons, knowing the purposes thereof – Shall be fined under this title or imprisoned not more than twenty years, or both, and shall be ineligible for employment by the United States or any department or agency thereof, for the five years next following his conviction. If two or more persons conspire to commit any offense named in this section, each shall be fined under this title or imprisoned not more than twenty years, or both, and shall be ineligible for employment by the United States or any department or agency thereof, for the five years next following his conviction.

As used in this section, the terms “organizes” and “organize”, with respect to any society, group, or assembly of persons, include the recruiting of new members, the forming of new units, and the regrouping or expansion of existing clubs, classes, and other units of such society, group, or assembly of persons.

–18 U.S.C. § 2385: US Code – Section 2385: Advocating overthrow of Government

http://codes.lp.findlaw.com/uscode/18/I/115/2385

EFFECTIVE DATE OF 1956 AMENDMENT

Amendments by act July 24, 1956, as applicable only with respect to offenses committed on and after July 24, 1956, see section 3 of act July 24, 1956, set out as a note under section 2384 of this title.

 

Read Full Post »

The liberal media is at it again and no one ever bothers to check their story or their math. The so-called economists or economic advisors should be ashamed of their mistake because it so big. It’s hard to believe anyone could be considered an economist or an advisor and miss the number so badly.

 

I am going to show you the math to prove Obama’s so-called $60 Billion jobs bill will not create 1.9 million jobs it will only create 589,000 jobs. So the so-called economists missed the numbers by 1,311,000 jobs. In my industry that’s an inexcusable mistake. It’s obvious to me there lying for Obama and the liberal progressive Democratic Party. (Surprised?)

 

First I want to show you how they came up with the number 1.9 million from the $60 Billion spent on infrastructure and that is roads, bridges, renovations of schools or construction jobs. We take the $60 billion and divide it by the 1.9 million and it comes out to be $31,578.95 per job. That number is about right based on a $12.00 per hour and adding the cost on labor like workman’s compensation, unemployment insurance, employer’s contribution of social security and liability insurance on labor. My number based on $12.00 hour base wage came to be $31,200.00 a year. So there number is close on that point, but there 1.9 million jobs is figuring 100% of the $60 billion is all labor and that’s just plain wrong!

 

Here is the thing” I did construction bidding for more than 30 years and there’s a lot more to estimate a job then just labor and that’s the way their number works out there’s no money for materials and overhead cost or shameless, obscene  profits.

 

The very most basics of construction bidding practices are materials, overhead and labor cost, not just labor and let’s not forget those shameful obscene profits.

 

It seems they forgot about the cost of materials and what about the cost of overhead like trucks, office expenses and all the unseen expenses of running a construction business. The point is the so-called economists either don’t have a clue of what it’s like to run a business and they don’t know what they’re talking about or they just lied. Which of the two do you think it is? I think they don’t have a clue and they lied. This has been the pattern of the Democratic Party for the last 100 years and that’s never going to change it’s who they are.

 

The whole Democratic Party is based on lies they depend on their voter’s ignorance to get reelected.

 

Now I am going to show you why the so-called jobs bill will only create 589,000 jobs, not 1.9 million jobs

 

We start with $60 Billion and use the 31% labor average which is the standard for labor cost in the construction industry and just happens to be the national average for the whole economy based on numbers from the department of labor and statistics.

 

I derive my 31% labor by using the average wage, average number weekly hours multiplied by the yearly total yearly wage and divided into GDP to get the percentage of labor and that’s 31%.

 

To find the appropriate amount of labor in the $60 billion jobs bill we multiply it times the 31% labor average and it comes out the amount of labor is 18,600,000,000 then we divide that by their yearly wage $31,578 and that’s 589,007 jobs. That’s a very big difference from 1.9 million jobs and it’s a mistake of 1,310,993 jobs. Whoever made that large of a mistake should be fired.

 

The rest of the $60 billion less labor would be spent for materials, overhead and there must be a profit. This is exactly what they did in the first so-called stimulus bill passed in January of 2009 they said would create millions of jobs that never materialize and the dollar amount was about the same $60 billion for construction and infrastructure out of the $867 billion stimulus bill. This is just more of the same Bull shit.

 

I do realize this is just a political move to blame the republicans for Obama’s bad economy and the lack of jobs by not passing the jobs bill. But that will only work on the dummies that would vote for Obama anyway in 2012. One of the biggest reasons Obama won in 2008 was the very low turnout of the 55 million registered republicans, many never showed up to vote and that’s part of why McCain lost and Obama won.

 

Obama’s jobs bill is not the answer, the liberal, progressive democrats federal government spending is the problem.

 

If they use the excuse that some jobs will be created from incomes from this so-called jobs bill it will not be what they expect. Most business are not hiring because they don’t have the volume of business to hire new employees and some of their employees are part-time. If business does get better and extra manpower is needed that will be supplied by existing part-time employees until business gets really good and this jobs bill isn’t going to do it. There estimates on this will be way off as well as their other goofy estimates.

 

Also the same goes for the construction companies that would bid this work. They also have part-time employees because they don’t have enough work for a 40 hour work week now. Anyone who would get these government contracts would just use their part-time people and only add a few extra people. My whole family is in construction we do home improvement, renovation work and this is the case not a theory or a guess, it is the situation across the country.  

Another problem is the construction industry is or was 85% illegal aliens prior to the collapse of the construction industry. This makes it very difficult to recognize any large numbers of jobs for Americans. Most of the money and jobs in this bill will go to illegal aliens and 1/3 their money will be sent to South America. We have never hired one illegal alien and I guess that makes me a racist.

 

The only way to fix the economy is to rely on the part that still provides 120 million jobs and that’s the private sector corporations and small business.

 

The jobs Obama’s bill is supposed to create are like all the other jobs he has created they are temporary they will go away when the money runs out.

 

Government jobs are going away, the states governments are cutting their budgets they have run out of money and total number of government jobs are going away. There broke!

 

Government is the problem not the answer. The deficit spending from the federal government is sucking all the available money out of the banking system and a lot more from the worlds banking system. They are barrowing about $4 billion a day, about $126 billion a month and $1.5 trillion each year. As long as this continues there will be no recovery and there’s no end in sight.

 

The federal deficit is why our economy and Europe’s economy isn’t growing and adjusted for inflation they are shrinking and it’s all because the governments here and over there are sucking the banks dry. Governments are borrowing all the available money in the banking system and there is very little left for the private sector companies or the people to barrow and grow the economies. Then the politicians blame it on the banks to divert the blame from them.

 

The small cuts in the budget deficit the supper committee is trying to make of $120 billion a year are a drop in the bucket compared to the huge $1.5 trillion in deficit spending and will make very little difference.

 

Any increase in taxes to the rich just makes less money available in the private sector economy for the creation of jobs from an expansion in the private sector economy. This is the dumbest thing I ever heard next to the last dumbest thing and that was also one of the democrats and Obama’s brainstorms, the $867 Billion stimulus that didn’t stimulate anything except to increase the deficit by $867 Billion.

 

Here is the democrats and Obama’s newest plan: we take $70 billion in new taxes from the incomes of the small business and transfer that tax money to the federal government, than the government spends $60 billion to create jobs. How does that add to the economy or the GDP? It’s like taking buckets of water out of a lake and carrying it to the other side and dumping back into the same lake expecting the water level to rise? Or like standing in the bucket and trying to lift yourself up, it’s never going to happen.

 

These are the idiots someone put in charge of the country. Liberal progressive Democrats’ have proven they all have very poor math skills and serious sociological problems. You will lose a greater number of jobs in the private sector economy then the government created jobs will produce.

 

They also claimed these jobs will happen in 12 months but that will never happen. It will take at least 1 year to get started and another 18 months after that to complete most of the projects. That’s because of all the layers of bureaucracy on the federal level and then in the states. It’s impossible for them to do it in one year. Remember how shovel ready wasn’t really shovel ready?

 

The so-called economists and economic advisors are almost always wrong. When the economic reports come out why are they always surprised? If they were any good they wouldn’t be so wrong, so much. I wished I could get paid to be wrong all the time. Maybe I should run for president?

 

 

 

 

Read Full Post »

 A series of events are about to take place in America

There is a building momentum of events about to take place and unfold into history. These events will dramatically change everything in the next seven weeks. It is not one thing that will cause this change is a combination of many things. These are ongoing problems and have building one upon the other over time.

I would like to point out these current economic affairs and identify them for the people. If the people are going to prepare for this the time is now. I believe in just the next seven weeks by July 8th 2011 the true nature of the economy will show itself and there will be a dramatic shift in the economy, the government won’t be able to hide their distortions anymore. All this will build into additional events that will prove we are in the double dip recession. (I believe it started in November and December of 2010)

The only place the economy that really shows strength is in the employment reports. There is a reason for these higher numbers. In the January employment situation report that came out on February 3, 2011 stated on page 4 that as of January 2011 they would count self-employed people Incorporated and unincorporated as employees. That number added to the current employed number is about 1 million additional self-employed people or employers now counted as employed people. Now you know where the huge numbers are coming from as all the other economic indicators contradicts the possibility of 200,000 jobs a month being created.

The first quarter GDP was 1.8 % and in 2 of those months they reported job numbers around 200,000 and that’s just not possible with a 1.8% growth rate.

All of this dollar growth in spending was from higher gas, food prices and other inflation in the economy or just plain higher prices.

Problem number one; these falsely bloated employment numbers will show the true nature of the economy when they run out of self-employed people to add to the employed number. That will come out in the July 8 report 2011 and then we will know the true nature of the employment situation.

I believe these unemployment figures will be the trigger for a sudden downturn of both physical and psychological sentiment in all sectors of the economy. This is just one of many other items in our economy building one upon the other.

Problem number two: The budget deficit that has been one of the primary causes of the current devaluation of the dollar and this is a large part of what has caused the higher gasoline prices and this will get worse in the next three months.

The debt ceiling is currently being negotiated with budget cuts in Congress.

 There will be no meaningful budget cuts that will truly reduce the deficit short-term or long-term.

 Long-term budget cuts mean zero if we don’t cut short-term spending because we have to make it to the long-term for those long-term cuts to make any difference. Anyone talking about or projecting that in 5 or 10 years will be broke is ignoring the fact that we went broke a long time ago.

The Democrats still control the Senate and the presidency. We have already seen their resistance to meaningful cuts and nothing good will come from the negotiations in the next two months. The debt ceiling will be raised but as the world gets a look at the so-called cuts in spending for the lack of meaningful budget cuts all confidence in our ability to fix the problem will go away. When confidence goes away so will the value of the debt bonds and the value of the dollar.

Problem number three. $4.00 dollar a gallon gasoline takes $440 billion out of economy when compared to $2.50 a gallon price of just 8 months ago. No one has reported this in total dollar amounts. Only vague statements that it hurts the economy, well how bad does it hurt? At the $2.50 a gallon crude oil refined is about 4.8% of the economy. At four dollars a gallon for gasoline its 7.8% of the economy this is a 3% shift in spending from all other sectors of the economy.

Problem number four; healthcare insurance from new regulations of the Democrats and Obama’s health care legislation has been costing the American people a minimum of $250 billion more a year in additional premiums this started in the last quarter of 2010. This has not been reported in total dollar amounts either, just vague statements of higher premiums and no total dollar amount figured an attached and subtracted from GDP. I calculated this is about 1.7% of gross domestic product on a yearly basis. This is equivalent of an additional dollar per gallon of gasoline being imposed on the American people. It has the same effect on the economy as gasoline neither one adds anything to the quality of life nor to our assets the money just disappears into thin air.

Adding up these two problems alone its negative 4.7% of GDP and much greater than the 3.5% GDP growth expected in the second quarter and all of 2011 and much more than the 1.8% GDP reported in the first quarter of 2011. These gross domestic product numbers are not inflation-adjusted when reported to public. If you inflation-adjusted the 4.7% negative to the economy for gasoline and healthcare costs we have a 2.9% negative inflation-adjusted gross domestic product and this makes it impossible for the economy to be creating 200,000 jobs a month which is explained by the government adding the self-employed business owners to the number of employed. The employment numbers are in fact phony numbers and the people who are reading or listening to this now know why.

 Adding it all up and attaching dates to it.

 Problem number one: unemployment reports are bogus and the true nature of the employment situation will show its true nature in the report of July 8 at 2011.

 Problem number two: the budget deficit and the debt ceiling will not be resolved. This problem will come up in July with no specific date but we do have a default date of August 2, 2011. They will raise the debt ceiling before this August 2, 2011 date.

  Problem number three: The second quarter GDP from March to June of 2011 comes out on July 28, 2011 this number will either be negative or very low number. Remember earlier we figured due to higher gasoline prices and the cost of health care we have a -4.7% shift in spending in just those two sectors and this does not count higher food prices or other prices that have gone up because the higher gasoline prices.

 Problem number four: Even higher gas prices than were paying right now. This will be caused from a further devaluation of the dollar and the inability of Congress to bring deficit spending under control. The full results of this will probably be felt in August and September of 2011.

 Problem number five; even higher health insurance premiums that will continue to increase as time goes on. All this comes from the Democrats and president Obama’s healthcare insurance as different additional requirements kick in overtime forcing up insurance premiums higher to the public.

This is all ongoing right now and building one upon the other as each week passes. Working against the American economy and the American people this is all being done by the Democratic Party who still controls two of three parts of the legislative government. If I was a person that wanted to destroy the United States from within, I would do exactly what the Democrats have done in their four years of controlling Congress from January 2007 to 2011 and they continue their intentional destruction of the economy and the country by refusing to cut any Government deficit spending.

Government reports are always way behind reality of things; it takes two business cycles of 60 days each or 120 days for the true nature of the economy to show up in government reports. Even when the government doctors up the numbers sooner or later the true state of the economy shows up.

Everything I have looked at tells me that from after the July 4 holiday we will have a dramatic change in all things in the economy. It is all attached to our $1.5 trillion yearly deficit and the apparent lack of ability to do anything about future deficits and it’s all because of our politics. This will cause a change in the value of the dollar like we fell off a Clift. This will lead to dramatically higher inflation or a severe devaluation of our currency which will cause all prices to dramatically increase not just the cost of gasoline. This will come mostly in the fourth quarter October 2011 to December 2011 and get much worse in 2012.

 Everything points to July and after the July  4th holiday. This is when it all comes together I believe the crap hits the fan and all this will unfold in just seven weeks.

 Next week house of representative are supposed to vote on raising debt ceiling the plan is for it not to pass. May 30th to June 3 2011

 Unemployment report comes out next Friday June 3, 2011. I am neutral on this one as I expect it will still be positive due to adding the self-employed.

 Quantitative easing stops June 30th

 Without QE 3 who will buy the bonds? If you total all the countries in the worlds who have purchased our debt bonds with their printed up phony money it doesn’t even come close to the $130 billion a month the Federal Reserve has been selling to pay for our deficits. That is what Quantitative easing  really is for, its money given to the banks in the guise of adding liquidity to the banking system and they banks turn the digits into the purchase of the debt bonds. China’s average bond purchases since the bank collapse in September 2008 has only been $10 billion a month and all other countries combined is just a little more than that, the rest comes from Quantitative easing or more than $100 billion a month is more or less just money made up out of thin air. So what happens when Quantitative easing ends in June? QE 3 or more money made up out of thin air to finance the federal budget deficits further destroying the value of the dollar.

 Israel – August 22 2011 Iran’s nuclear reactor comes on-line. Will Israel bomb Iran’s nuclear facilities? What happens if they do? Higher gasoline prices!

 July 8 the unemployment report will be bad. What will the markets do? This will show we are going into double dip recession.

  There’s certainly a lot going on right now!

Read Full Post »

The proof of the headline can be found in the January 2011 report. See direct link below, read it at top of page 4 of the report.

 Changes to Household Survey Data

Effective with this release, two additional data series—”Self-employed workers, unincorporated” and “Self-employed workers, incorporated”—have been added to table A-9  (This is copy and pasted directly from the report)

 

http://www.bls.gov/news.release/archives/empsit_02042011.pdf

 

They are counting self-employed as employees now. This does show up in the body of the reports month over month you can see it if you look at total employed the number are way off from the headline numbers. Look back at October to January reports Summary table A. Household data, seasonally adjusted and you will see big differences in the headlines and the body of the reports.

 

How can the economy be creating 600,000 jobs over the last 3 months and first quarter growth comes out (lower than the inflation rate) at 1.8% GDP growth? GDP is not inflation adjusted. The government is fixing the numbers and lying to the public.

 

Core Inflation rate projected for 2011 is 2.1 % if you take out food and gasoline. So we have to stop eating and buying gas so we can get to work and make money to buy food and eat and only than would inflation be 2.1%. Add in food and gasoline and Inflation is running about 5% on yearly base. So again how is the economy creating 600,000 jobs in the last 3 months? The numbers are fixed as they blend in the self-employed into their respective employed categories. This is not a conspiracy theory read top of page 4 of the  linked report it tells us that’s what there going to do. Almost no one ever reads the body content of these reports.

 

Commonsense proves that the economy can’t be creating any jobs. In the fourth quarter of 2010 the economy was growing at a rate of 2.7%. The first quarter the economy is said to be growing at 1.8% these numbers point to a slowing economy not a growing economy. The last time the economy added 200,000 jobs a month consecutively and three months in a row was in 2004 to 2006 the average yearly growth rate was between 5% and 6% and the unemployment rate was around 5%. Some quarters in the last economic expansion from 2002 to and up to 2007 the economy is growing at a rate of 7.9%. And even then we were only getting 200,000 and 300,000 jobs a month. There’s something really wrong here and I hope I have properly explained why we are getting these huge so-called job creation gains.

 

So once again using common sense and since none of the other reported numbers are adding up to what they are telling the public what else could be going on? So the only thing it could be is their adding or blending in the 1 million self-employed people who otherwise under the old rules would not be counted. This is exactly what is in the January report from the department of labor and statistics. They said they were going to do it and they did it, but what they are doing is deceiving the public for political purposes to make things look better than they really are for Barack Hussein Obama.

 

Here is more proof , Just five months ago in December of 2010 Barack Obama made a speech bragging about the 150,000 jobs created in November and he said we’ve created 1 million jobs now but that’s not good enough we need to do more. So how did we go from 1 million jobs to 2 million jobs they are currently boasting about in just five months and even the bogus headline numbers don’t add up to the current 2 million number the liberal media and B.O. are currently boasting about. And once again where do we get that additional 1 million from? This number comes from People who are already self-employed who are now counted as newly created jobs and employees for the benefit of political gain for Barack Obama. Just another great big lie to add to the long list of big lies told since Barack Obama became president. Lies told by him and lies told by liberal fringe lame stream news media.

 

So what’s the big deal and what makes it so important? If you make decisions based on bad information you’re going to make big mistakes. The perfect example of this making bad mistakes based upon disinformation is the very fact that we’ve got Barack Obama as president in 2009. Based on bad information the democrats took control of the house and the senate in 2007 and again in the 2008 elections the lame stream liberal news media ran a campaign of disinformation to the public about Barack Obama. We had bad information and we made a bad decision. We the American people gave the democrats a supper majority in the house and the senate in 2009. Now we are ware we are on account of the bad information being  given to the public all coming from liberal fringe lame stream news media disinformation campaigns.

 

The results of making a decision based on bad information is we now have a president who hates America, he is proven to be the most socialist president the United States has ever had. He is on the record as saying he wants to push an energy prices up sky-high. We can see the evidence of that in the price of gasoline and he says we can’t do anything about it. He has stated many times in his two books that he doesn’t like white people, so we have a racist as president. He is also a Moslem as he states this in his own books he would side with them if the political winds changed and he has. On top of everything else he is a compulsive liar but this is just typical of the liberal progressive Democratic Party.

 

The bigger problem is when the rest of the world finds out how we are fixing our economic numbers there will be a price to pay in confidence lost in our currency. The only thing that gives a paper or Fiat currency any value is confidence. Once the confidence in that currency is lost it declines in value rapidly against other currencies and this is what is coming very quickly in the next 4 to 5 months once the rest of the world figures out what we’re doing. The bogus 1 million people being added will run out in two more months May and June of 2011. The report for June comes out the first Friday in July. This is the last report that will have positive numbers and all following reports we will see the true state of the economy and the job market. This will show up quickly in the price of gasoline since we import 72% of our crude oil.

 

For all of 2010 the inflation rate of 1.6% was nearly the same as 2.7% GDP growth. Since the GDP growth number is not inflation adjusted to find it too true state of the economy you have to take away the inflation rate and that means the economy grew at 1.1% for the whole year 2010.

 

The point is with these very low growth rates and the huge number of jobs being added now and looking at prior six months before these huge numbers appeared out of nowhere there was almost no job growth at all. Even with a higher GDP number of 2.7% in 2010 than we have now at 1.8% in the first quarter of 2011 and somehow were now adding 200,000 jobs a month. This just doesn’t add up!

 

 It won’t take very long for our trading partners and the people who hold or purchase our treasury bonds to figure out where cooking the books. Once they lose confidence in our economic data they will lose confidence in our debt bonds that we are trying to sell into world markets at the rate of $130 billion a month. Take a look at these charts below and you will see something just doesn’t add up and if you can see it, the rest of the world will too and their goes the confidence and the value of the dollar. These charts show that the economy has made a downward turn and inflation has gone up making matters even worse and for some strange reason the economy has created 200,000 jobs each month three months in a row and now you know why. This all just does not add up unless they are cooking the books and now you know how they are doing it.

 

 

U.S. Inflation Raises 2.7% in March Published: 4/15/2011 12:36:15 PM    By: TradingEconomics.com, US Bureau of Labor Statistics

 

  These charts show inflation is now higher the growth rate of the economy and that in real terms means the inflation adjusted number shows the economy is shrinking not growing. We are just spending a lot more on gas and food and that gives the false appearance the economy is growing but it’s not. To see the True state of the economy: go here http://tiny.cc/658bx

 

Read Full Post »

I knew for the last 30 years the democrats wanted to do what they are doing today. Little by little liberal, progressive democrats over the very long period of time of 100 years have been changing the country slowly to socialism. I watch Glenn because he affirms what I already know to be true, but he teaches a lot more in detail and it’s like going back to school when he gets out his black boards. I hear he has three now.

 I wrote a book 20 years ago that predicted what is going on today in our politics and our economy. We are making the final changes to a proven failed political and economic system of socialism. Anyone who says that Europe’s doing OK needs to take a better look. Europe’s economy has been in a constant state of recession for over 40 years. Their normal unemployment rate is always above 10%. There’s very little industry because of supper high taxes on business. In France their two biggest industries are wine and cheese and that’s not a joke, those are the facts. The people who do work in the private sector are taxes at 70% when adding their payroll taxes and there sales taxes on products. For example they have a $5.00 a gallon gasoline tax to pay for there socialized healthcare system.

 Here is our big problem, we can’t afford anywhere near a 70% taxes and pay our existing bills to. Europe started out as socialist countries after the Second World War. They were rebuilt under the socialist economic model. We are structured under a capitalist model and were charging to hard left socialist. The country is already bankrupt. Where is all the money going to come from to support all these new social programs as we go all the way to a European style of socialism? I have done the math and the moneys just not there, even with the higher taxes included in all these new programs. It’s just not economically sustainable from the start.

We don’t have to wait 4 years to see if it works. The negative economic effects from the new socialized healthcare will be Immediate. In 2011 the new healthcare insurance premiums will have a direct negative effect on the economy. There are 180 million Americans with paid health insurance coverage. Everyone I have talked to has to pay an increased premium of $1,200.00 to $3,600.00 each person on their policy. Takeing the lower amount of $1,200.00 and multiplying that times 180 million Insured people will cost Americans $216 Billion in 2011. We are not getting more of a product or service we are just paying a lot more for the same thing. This is the definition of inflation, when costs go up the money disappears into tin air.

 It’s not so much about the cost of the socialism today as it’s about the confidence of the American people. Even before the jobs are lost and the taxes are taken to support the new socialism. Then we also have to consider the confidence of our foreign trading partners, will they lose confidence in our currency? Will they be able or willing to purchase our debt bonds to finance all our existing and all our new socialism when they know they can’t afford their own? I say no they won’t buy our debt bonds, since China has already dumped $50 Billion back into the market. There is a trick the chinese could use to combat our money printing and your going to love this. I expect if they do continue in the future to purchase our debt they may play the same game we are. The chinese government has a printing press like we do and they can print or digitize their currency to purchase our phony money with their phony money. This could offset their looses in the face value of our debt bonds and at the same time get paid interest on their phony money.

 Everything Glenn Beck says will come true and we only have to wait 2 years and by 2012 we will see it all unfold. Glenn has 10 million followers on the radio and up to 3.5 million on Fox news. That compares to MSNBC 350 to 500 Thousand. For the nut job people say Glen Beck is, he has as many 10 times as many followers as other like kind news programs. MSNBC says it’s because Americans are stupid and that could also be part of why there ratings are so low. I love Glenn Beck’s message.

2012 What's really going to happen in 2012

Read Full Post »

Why do liberals and progressives news media hate Sarah Palin so much? The word hate is a strong word, but it is mild compared to the words liberals and progressives use when talking about how much they hate Sarah Palin. From observations of watching what the liberal fringe Ilk says about her and how they discuss her and what she stands for I have concluded what it is and why they don’t like about Sarah Palin. There are a number of reasons but I feel these are the most important to the liberal progressive fringe.

 Sarah Palin is pro-life. The liberal fringe is pro-choice; which is pro death to unborn babies. That’s exactly what the liberal fringe is, pro death.  As a woman Sarah Palin does not fit the template of how the liberal fringe thinks a woman should believe, act or behave.  Because the liberals and progressives so-called pro-choice position are so weak the liberal fringe apparently fears her popularity. I have been watching politics for over 33 years and I have never seen them go after anyone like they go after Sarah Palin. They are afraid they will lose the right to kill the unborn babies. This is just one of many reasons they fear her so much and hate her so much.

 Then there’s the problem that Sarah Palin is self-made. She doesn’t fit the template of the down trodden woman needing special laws to make up for the so-called inequities the liberals and progressives claim exist. Sarah Palin made it to where she is on her own without special laws giving women rights over others. These types of laws discriminate over others by their very nature. Sarah Palin got there without using special women’s rights legislation. Liberals don’t like this self-made conservative female. It flies in the face of everything that liberals and progressives try to teach women. Sarah Palin proves that liberals are lying to women and to the public in general about everything the liberals would like the public to believe. 

 Let’s use a little common sense and logic. If these statements and conclusions were not true, what is it that Sarah Palin has done to the liberal and progressive fringe to create such hatred? Let’s examine the facts and comparisons. Sarah Palin in all her interviews is always nice to people. She is always upbeat and has a pleasant personality. Why so much hatred? Where does it come from? If they were not so threatened by Sarah Palin all that vitriol hatred would not be there. They’re very actions prove my conclusions to be true. Most of these progressives on the internet say they have never seen the clips at all or the interviews. Yet they hatefully respond something of no importance as if they had seen the clip. They say they didn’t see the original whole program in its entire form or they only saw the 5 second clip to discredit Sarah Palin. They also admit to only reading what other liberals and progressives have written about Sarah Palin. They are the stupid uneducated cool aid drinkers who do not research or question what their Ilk says. They just go along with whatever the liberal progressive fringe says on the blogs or in the fringe news media.

The latest rant from the liberal fringe news media is the accusation that Sarah Palin had some notes written in her hand and referred to them in an interview. This is the liberals and progressives latest charge. What about Obama and his teleprompter? We have a president that’s a good speaker as long as the teleprompter is working. There’s been about 15 times something went wrong with the teleprompter and the liberal fringe news media never says anything about this problem. The president reads thousands of words and everything he says comes off a teleprompter. But Sarah Palin isn’t aloud to look at two or three words she wrote on her palm without being called stupid.  This hypocrisy is normal and to be expected from the liberal and progressive fringe. The liberal fringe is so desperate they say she’s stupid just because she had a palm note. What about President Obama, how stupid is he on the stupid scale since he needs thousands of words from a teleprompter? He is totally dependent and lost without the teleprompter. How stupid is he compared to Sarah Palin? The only thing the liberal fringe media shows is a so-called palm note they can’t even prove. Sarah Palin looked down at her hand and instantly it’s a palm note. It could have been that her palm was just itchy and she looks down at her hand to see what’s with her hand.

 The liberal progressive fringe looks for every opportunity to discredit Sarah Palin. They have no proof she had a palm note of any kind, except she looked down at her hand. That’s not proof of anything. I looked at the clip and its nothing more than an accusation with no proof whatsoever except the liberal fringes claim that it is so. So what if it was a palm note, what about President Obama and his teleprompter? That doesn’t seem to matter to the liberal fringe. Obama is the president of the United States. It is much more important that he has a problem when the teleprompter goes down. Then Sarah Palin reads a few words from a palm note and its the end of the world according to the liberal fringe. Sarah Palin isn’t in charge of the country, Obama is.  God help us all if something really big goes wrong like 911 and there not a teleprompter available to help Obama make a decision on what to do. This just proves how the liberal fringe gives cover for the progressive president (B.O.) Obama and the rest of the liberal fringe Ilk.

 The liberal and progressive fringe news media can make excuses for President Obama’s lack of ability to speak without a teleprompter. I can make assertions based on common sense and logic the evidence proves that Sarah Palin had an itchy palm. That’s all it was. The liberal fringe is famous for saying what he said is not what he meant. I am saying she looked at her hand and that’s all she did. There’s no spin here just the facts. Sarah Palin exposes the liberal and progressive fringes news media and their entire ilk, just by being honest and being herself, no acting or any phony Hollywood tricks. The liberals and progressives also show just what a very unhappy and hateful group of people they really are.

2012 What's really going to happen in 2012

Read Full Post »

I have been reading a large number of liberal and progressive blogs to see what these People are saying and they have a real bad habit of using a lot of really foul language. They use shocking four letter words that show their lack of vocabulary skills and also a lack of intelligence. They don’t seem to be able to get their idea across without the use of foul language. Most of their anger is directed at Sara Palin. Strangely enough a lot of their vile language is directed at each other as well. This shows the type of people they really are. They don’t even get along with each other. Then these same people keep repeating how stupid or dumb Sarah Palin is while putting their lack of intelligence and vocabulary skills on full display for all to see. Figure the logic in that! That would be a futile endeavor, when trying to use logic were liberals or progressives are concerned. There isn’t any.

Instead of talking about the Issues, Jobs, social security is bankrupt and how to fix it or the banks and the broken economy. They apparently have no idea of how to fix anything because there are no posts about solving problems. They just blame it all on the conservative and use a lot of foul four letter words and hate speeches. Liberals and progressives are so preoccupied with how much they hate Glen Beck, Sarah Palin, Rush Limbaugh and Sean Hannity they can’t see straight. That’s normal for liberals and progressives.

2012 What's really going to happen in 2012

Read Full Post »

Older Posts »