Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Friday, January 13, 2017

Obama - 8 years of utter failure and incompetence!

President Obama is without question the worst president in US history! His handling of foreign policy was inept and amateurish, his Obamacare abomination cost millions of people to lose their coverage, and it made the rates skyrocket for yet millions more, his handling of race relations were awful. What did Obama accomplish in 8 long years besides raising our national debt $9 trillion! He is an abject failure any way you look at it.

In one week we'll be swearing in President Elect Trump and we should finally see some good governance!

Wednesday, November 2, 2011

Decline of the West; Europe is lost


In Japan you still have a fairly intact family unit, schools are much stricter than in the West, children are taught to follow the law and be good citizens. Hedonistic parents in the West raise their spoiled brats to be narcissistic self-absorbed twats who just look to satiate their base carnal desires; if anyone gets in their way they just step over them. The feminist movement and so-called sexual revolution has destroyed the family unit. In the black community 90% of kids are born bastards and grow up with no father present. Things aren't much better in the white or hispanic communities. I regularly read in the British broadsheets of the rise of hooliganism and thuggery, school kids slashing each other with knives, and the law is lax and lets them off the hook. Sexual morality is at an abysmal level in the West too. Half the population is either stoned on drugs or in a drunken stupor. Also a fundamental, a very non-PC, factor is people turning away from God. For those bashing America: yes we have our faults, as does any country, but at least we still have a majority Christian nation and haven't bowed down to the tyranny of the Islamists and welcomed the Trojan Horse into our own shores as misguided liberal Britain and much of Europe has done. It's too late for you now, but we still have a chance. The European Union has failed and many member nations now have stagnant economies deep in debt, with high unemployment, crushing social obligations (especially as tens of millions of illiterate immigrants, mainly Muslims, received social benefits), failing central banks, currency decline, inflation and over-taxation. Enjoy the Sharia law which will be coming in the next decades!

Tuesday, March 15, 2011

Obama fiddles while the world burns!

The Middle East is in utter chaos, gasoline is over $4/gallon, unemployment rate still at 9% (true rate closer to 20%), US is $14 trillion in debt, Japan faces an overwhelming humanitarian crisis following the record earthquake and resulting tsunami, and now with 4 of the 6 nuclear reactors at Japan's Fukushima site in various stages of meltdown the world faces the greatest radioactive threat since Chernobyl so what is Obama concentrating his energy and attention on? Golfing and the NCAA college basketball tournament, so-called March Madness! I guess with Obama the madness moniker is apropos. Obama the man-child is without question the worst president in US history and one of the worst Western leaders in modern times. He is unable to act, paralyzed by doubt and a weak intellect unable to synthesize complex information and act decisively, further Obama seems to be milking the presidency for his family and his personal benefit: constant golfing (61 trips in barely 2 years!), constantly jetting off on vacation, more state dinners and black tie events than any other president two years into presidency. He does not care about America, nor does he care about global stability. He only seems interested when it serves either his personal enjoyment or marxist far left political philosophy. He is an international joke, the emperor has no clothes! Now that we have multiple crisis requiring his utmost attention he just tunes out and cares more about a silly basketball tournament and improving his back swing! UNBELIEVABLE! PLEASE IMPEACH OBAMA AND SAVE AMERICA! Oh he also cares about re-election and you can bet what little free time he has between all his golf outings, sports viewing, vacations and parties will be devoted to the 2012 campaign. I pray the Republicans finally put forward a genuine conservative candidate who is charismatic and electable! 2012 WE TAKE BACK AMERICA! Donald Trump says it well:

"For him to be playing golf the day of and the day after... I think is very inappropriate... The image of him on a golf course while Japan is in the kind of trouble, this is catastrophic trouble, I think is totally inappropriate, and I say that as a person who owns some of the greatest golf courses in the world!"

Obama is so arrogant and clueless he doesn't even care how bad this looks! George Soros and his cabal was probably like:

"Listen up dumbo, your job is to raise the price of oil, destroy the US economy so we can plunder it by buying up assets cheap and stealing trillions from the Federal Reserve and Bailouts/Stimulus and tear down conservative American institutions and replace with Marxist-Leninist ones so we can control people, after you do that you're free to party, vacation, watch sports and golf all you want!"

Monday, February 28, 2011

The Fed

The Federal Reserve is a wholly illegal and unconstitutional enterprise. It is used by the global cabal of financiers to extract trillions from the US economy for these robber barons! Right now the Fed is pumping trillions of dollars into the economy, driving up inflation, raising interest rates and further devaluing the US dollar which in turn raises the price of petroleum since it's pegged to the US dollar. This is one of the greatest criminal conspiracies in world history. When will the American sheep wake up and open their eyes to this truth!?

Sunday, February 27, 2011

Western Democracy

Just listened to the radio segment "Sunset of the West" on the NPR radio program  
The Brian Lehrer Show.
Author Dambisa Moyo argues that through short-sightedness and folly the West has 
contributed to its decline.
Some thoughts:
For Western style democracy to work it needs a majority of the people to be educated 
and to have a certain level of morality. 
None of the longest lasting empires in history were democratic. The Greeks 
experimented with some democratic ideas, but only in a very limited way. And of 
course most of Greek society was excluded, unless they were a powerful Senator. 
The Greeks believed in essentially top-down rule. They had slavery and women were 
treated as outright property in Greek society. Their plight bettered somewhat 
during Roman rule. There was still slavery and minority groups like Jews and 
Christians were expected to tow the line and submit to Caesar. If minority groups 
pushed for any degree of autonomy they would be ruthlessly crushed. Look at the 
Jewish revolt in 69 AD. It's interesting to note that slavery was the norm for 
thousands of years and even in modern times it still exists. 
The neoconservatives talk about democracy as if it is a sort of magical all 
powerful elixir. Just sprinkle it on any problematic country and overnight you 
will see a moral and economically vibrant society emerge! What rubbish. 
It is sheer folly for us to be pushing democracy in the Middle East. I agree that 
we are doing it to advance corporate interests. However some writers, particularly
in The Economist, seem to think this is somehow a unique American phenomenon and 
it isn't. Every country acts selfishly for its own interests. Islamic law (sharia)
is simply not compatible with a progressive liberal (in the classical sense) 
Western democracy. The two examples held up as the greatest Islamic democracies 
were Egypt and Turkey. Egypt looks like it very well may fall into Islamist rule 
when elections are held and the Muslim Brotherhood takes power. And both countries
have horrible human rights abuses against non-Muslim minority groups. In countries
like Turkey such abuses are even codified into law. It is a crime in Turkey to 
mention the Turkish genocide of the Christian Arminians in 1915. America is in the 
Middle East for oil interests and other corporate interests period. 
Our own republic is not in great shape either with respect to our lauded 
democratic society. The wealth gap is significant and accelerating Warren Buffet 
has warned against this. Through apathy and ignorance the American electorate 
keeps choosing politicians who put their own selfish interests first. Rather than 
advance the pressing interests of the electorate they seek to enrich their own 
personal wealth and power and bow to corporate interests. We have a dysfunctional 
democracy. No matter that America is still the world's #1 economy and military 
superpower and all of the money that was generated in the past decades has done 
little to alleviate poverty or to increase the quality of life for the average 
American. We have less purchasing power now than our parents or grandparents 
generation. Personal debt is a serious problem. The government now has an 
astronomical level of debt and a huge trade deficit. During the last 25 years as 
globalism and free trade expanded we saw America lose 20 million jobs. The housing 
market is still in shambles and will take decades to recover, over half of all 
residential mortgage holders owe more than their home is worth; foreclosures are 
at an all time high. Over 40 million Americans are on foodstamps. Child hunger is 
a real issue in the US. And knowing all this, does the government seek to help the
lower middle class and the poor? No. Instead the Fed pursues what I would consider
a criminal policy of pumping trillions of dollars into the economy and raising 
interest rates, thus causing inflation to soar and the value of the US Dollar to 
further decline. Now oil prices are back to $100+ per barrel and with the Middle 
East blowing up will probably only get worse. This will also drive up the costs of
goods, particularly food at the worst possible time. 
And morally America is in many ways very similar to the Roman Empire in her final 
days as debauchery and hedonism took over. Only a massive spiritual awakening can 
save America. This wicked nation must turn away from its sin and seek Christ. 
Also I disagree with Mr. Moyo that the US should stop all foreign aid. We need to 
be smarted in how we handle aid, it should be targeted and go to grassroots 
organizations and NGOs that have proven they are able to get the job done. We need
to immediately halt our $25 billion per year to Egypt. We should pull back our 
military presence from Europe significantly. Pull out of Japan and South Korea. 
Trade wise we should stay open and not become isolationists, but we simply cannot 
afford to keep policing the world, and what good has it done for us? The people 
we've helped almost universally fail to appreciate our help, they are ungrateful and
come to resent our presence. 

Sunday, June 13, 2010

The Real Misery Index April 2010: Underemployment Woes Lead To Two-Tier Economy

This is a shame. The wealth gap in the US has been increasing for a long time and now it is accelerating just as in China! Free trade has robbed the US alone of nearly 13-20 million jobs. Both parties seem equally greedy - whether George Soros or Warren Buffet. This culture of hyper-greed is pervasive in Wall Street and it's glorified in popular media.

Here are some interesting papers:
Read the Article at HuffingtonPost

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