The Dollars Going Down; Foreign Money Up!

October 22, 2009

Becaus of the wild and unnecessary spending by our Congress, the value of the Dollar is going down.  At the same time the value of the Euro and Yen are going up.  Every bill important bill now seems to be a thousand or fifteen hundred pages with thousands of earmarks using billions of our tax dollars.  The Military Spending Bill of 2009 is a good example of waste and giveaways.

The current champion earmarker of this bill is a Mississippi Republican.  It is getting harder to tell a Democrat from a Republican by their voting.

Lately, I have been thinking about where to put my extra cash.  As much as I hate to send money out of state, maybe I should invest $10,000 in Sen. Thad Cochran of Mississippi.  Ten million for ten thousand sounds good to a person who has worked all his life. 

Giving to Sen. Cochran’s campaign seems to result in the highest returns on the initial investment of any member of congress. 

The proposed $636 billion senate Military Spending Bill has $2.65 billion in earmarks.  Pres. Obama has said, “If congress sends me a defense bill loaded with pork, I will veto it.”  We will see.

Professors and staff of the University of Southern Mississippi collected more than $10,000 for the senator money chest.  And for their investment in Sen. Cochran, the people at the Mississippi school were rewarded with a $10.8 million research grant.  Another $12 million dollar grant of our money will be given to Raytheon Corp., whose officials have given $10,000 to Cochran since 2007.  During this same period, the officers of the Circadence Corp. contributed $10,000 for this senator and they are only getting a $6 million grant.  I am not sure why their investment brought in slightly less money. 

Sen. Cochran paid off some of his favorite money givers, but, like so many other congressmen, he thinks his $132 million is only a small part of the big spending.  Meanwhile, income tax receipts are down 22 percent from a year ago and the federal deficit has ballooned to $1.8 trillion.  To their credit, some congressmen do not do earmarks at all.     

And another thing: Congress would not want you to think that they increased taxes on old people, but a tax by any other name is still a tax.  Chairman Sen. Baucus left in the proposed Medical Reform Bill an “industry fee” on the Medical Device Industry.  Congress is planning on taking in $4 billion a year on these fees.  Many of these items are not covered by insurance or Medicare.  Most senior citizens will just do without such luxuries included in this fee, such as: hearing aids, dentures, and pacemakers.  There is one plan in the senate to cut $1.3 trillion over the next ten years with cuts in Medicare and Medicaid.  Old timers, get ready for the change. 

A few of those spending our money talk of cutting wasteful spending, but the majority always vote against any cut in their unnecessary projects.  A billion here and a trillion there, but who cares, it’s not their money.      

Russia is worried about our decline.

June 8, 2009

The Russian media is now describing our “descent into Socialism.”  The article below is from Stanislav Mishin, who is a writer for the newspaper Pravda, which means truth.  When the newspaper began, it was published abroad and smuggled into the country.  The New York Times and others don’t seem to be bound by the truth and what is right and good for our country.  Perhaps we should smuggle some truth into this country.

They are also concerned about our morals.  Our newspapers would not dare to write about a politicial like this writer does:  “…Senator Barney Franks, a social pervert basking in his homosexuality (of course, amongst the modern, enlightened American societal norm, as well as that of the general West, homosexuality is not only not a looked down upon life choice, but is often praised as a virtue) and his Marxist enlightenment, has led this effort.”  (from  article below).

“American capitalism gone with a whimper . . . . .

It must be said, that like the breaking of a great dam, the American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people.

True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon our Holy Russia and a bloody test it was. But we Russians would not just roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of the Marxists.

Those lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.

First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather than the classics. Americans know more about their favorite TV dramas than the drama in DC that directly affects their lives. They care more for their “right” to choke down a McDonalds burger or a BurgerKing burger than for their constitutional rights. Then they turn around and lecture us (Russia) about our rights and about our “democracy”. Pride blinds the foolish.

Then their faith in God was destroyed, until their churches, all tens of thousands of different “branches and denominations” were for the most part little more then Sunday circuses and their televangelists and top protestant mega preachers were more then happy to sell out their souls and flocks to be on the “winning” side of one pseudo Marxist politician or another. Their flocks may complain, but when explained that they would be on the “winning” side, their flocks were ever so quick to reject Christ in hopes for earthly power. Even our Holy Orthodox (Russian Orthodox) churches are scandalously liberalized in America.

The final collapse has come with the election of Barack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America’s short history but in the world. If this keeps up for more than another year, and there is no sign that it will not, America at best will resemble the Wiemar Republic and at worst Zimbabwe.

These past two weeks have been the most breath taking of all. First came the announcement of a planned redesign of the American Byzantine tax system, by the very thieves who used it to bankroll their thefts, loses and swindles of hundreds of billions of dollars. These make our Russian oligarchs look little more than ordinary street thugs, in comparison. Yes, the Americans have beat our own thieves in the shear volumes. Should we congratulate them?

These men, of course, are not an elected panel but made up of appointees picked from the very financial oligarchs and their henchmen who are now gorging themselves on trillions of American dollars, in one bailout after another. They are also usurping the rights, duties and powers of the American congress (parliament). Again, congress has put up little more then a whimper to their masters.

Then came Barack Obama’s command that GM’s (General Motor) president step down from leadership of his company. That is correct, dear reader, in the land of “pure” free markets, the American president now has the power, the self given power, to fire CEOs and we can assume other employees of private companies, at will. Come hither, go dither, the centurion commands his minions.

So it should be no surprise that the American president has followed this up with a “bold” move of declaring that he and another group of unelected, chosen stooges will now redesign the entire automotive industry and will even be the guarantee of automobile policies. I am sure that if given the chance, they would happily try and redesign it for the whole of the world, too. Prime Minister Putin, less then two months ago, warned Obama and UK’s Blair, not to follow the path to Marxism, it only leads to disaster. Apparently, even though we suffered 70 years of this Western sponsored horror show, we know nothing, as foolish, drunken Russians, so let our “wise” Anglo-Saxon fools find out the folly of their own pride.

Again, the American public has taken this with barely a whimper…but a “freeman” whimper.

So, should it be any surprise to discover that the Democratically controlled Congress of America is working on passing a new regulation that would give the American Treasury department the power to set “fair” maximum salaries, evaluate performance and control how private companies give out pay raises and bonuses? Senator Barney Franks, a social pervert basking in his homosexuality (of course, amongst the modern, enlightened American societal norm, as well as that of the general West, homosexuality is not only not a looked down upon life choice, but is often praised as a virtue) and his Marxist enlightenment, has led this effort. He stresses that this only affects companies that receive government monies, but it is retroactive and taken to a logical extreme, this would include any company or industry that has ever received a tax break or incentive.

The Russian owners of American companies and industries should look thoughtfully at this and the option of closing their facilities down and fleeing the land of the Red as fast as possible. In other words, divest while there is still value left.

The proud American will go down into his slavery with out a fight, beating his chest and proclaiming to the world, how free he really is. The world will only snicker.

Stanislav Mishin”

Is Jimmy Carter Coming Back???

July 23, 2008

Ex-president Jimmy Carter says that Pres. George W. Bush is “the worst president in history.”  He should be an expert on bad times and there is no doubt he has a bad memory.  I try to forget that I voted for the guy.  There are three things I remember about the Carter leadership.

 

Carter made Iran what it is today.  He was in favor of bringing to that country a “religious” leader who was in exile in France.  Carter was in favor of dethroning the Shah of Iran, who was this country’s long-time friend and ally.  He watched it happen. 

 

And secondly, Carter’s man to lead Iran ordered the sacking of our embassy and the capture of 52 American diplomats.  These people were blindfolded and paraded in front of television cameras for the whole world to see.  I believe our inaction towards these hostile actions led to the popularity and strength of terrorism today.  Every two bit dictator was encouraged to stand up for what they perceived as a weak America.  Carter did practically nothing.  The Iranians saw a change coming and believed that there would be action from Ronald Reagan.  The hostages were freed the day after Carter left office.

 

The third item is that Carter seems to forget about the five and six percent interest rates which have brought about a strong economy for many years.  Carter has the dubious distinction of having the prime interest rate reach 21.5 % during his administration.  He set a new high for high interest rates which we hope will not be exceeded.

 

Those who clamor for change might be careful what they wish for.  If the people vote into the office of president the candidate who promises the most give-aways, we might again see Carter interest rates.  Will the poor people who are promised so much have the opportunity to receive higher rates of return on their investments and bank accounts?  It is not the rich who will suffer the most.

 

The poor can least afford to pay more for everything they buy.  A granted wish for change in our economy might not be what was expected.

 

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June 16, 2008

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