Sunday, July 29, 2012

 

Vote Romney

Preach common sense to your family!

The presidency must not be a popularity contest as opposed to a competency contest for the job of running the nation. I believe Obama has proven his incompetency and Romney has proven his competency, plus Romney is a moderate Republican, which trumps everything else.


We do need some serious leadership to wrest the nation from the clutches of liberals and their whacky and communistic compatriots–the progressives. We need someone willing to torch just about every Obama Executive Order, and fire or otherwise neutralize every appointed leftist in government, while turning over and making sense out of Obamacare, taxation, foreign policy, environmentalism, defense, homeland security, the CIA, the attorney general position and a clump of hangers-on, and whatever else Obama has tainted with his incompetency. All of it has to go.



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Wednesday, September 21, 2011

 

Obama's Sins Emerging Clearly

Obfuscation Tactics




Let me see, how many obfuscation tactics are available to deflect the import of documented sins if one is totally ruthless? Here is a short and incomplete list that can appear at any stage in any order! These tactics hold for office holders and for defenders of the faith! Some have already appeared!

1. Shoot the messenger! First thing they do; check!

2. Shoot the author! Second thing!; check!

3. Call the collected data a “hit piece” by biased people!; check!

4. Call the evidence to be somehow tainted!; TBD

5. Pick one accusation and find a supposed flaw, which is then used to try to discredit the entire set; TBD

6. Assure the silence of key potential witnesses; UNKN

7. Stonewall each accusation, and hide the data; UNKN

8. Blanket denials, lies and destroy the evidence (illegal in itself!); UNKN

9. Use executive privelege to deny access to data; check

10. Simply deny access and ignore court orders, etc; check

11. Bush did it; check

12. Bush did it too!; check

13. Other excuses; TBD

13. Clinton did it; check
14. X group or X individual did it, not me; check

15. Mount a counter argument that deflects the thrust; check

16. Assume the authority and challenge questioners; check

17. Publish counter reports from a biased perspective; check

18. Tie up the arguments in definitional problems and legal snares; check

19. Tie up the arguments in alternate interpretations of laws; check

Instances of most of these tactics are documented in Limbaugh’s book: “Crimes Against Liberty.”

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Friday, July 29, 2011

 

Austerity Program III

Immanent Market Drop of 50% or More!

Within the next two to three months, our markets will fall drastically!  That is how I read the 15 or so market gurus I subscribe to yearly. Virtually every one of them claims to have predicted the last few market drops well in advance, and I can certify that 5 of them did. They are all pessimistic about the US economy, regardless of the actions Congress and the President take now.

As a result, I have divested myself of all bonds and stocks except gold and silver, and one favorite energy stock, DOM (Dominion Virginia Power). I have a strong tax free cash position built up that will allow me to start buying when the signals indicate a favorable uptrend sometime in 2012 or 2013. In addition, I have taken a major position in gold bullion held in a vault with my name on it in Switzerland.

This post is to inform everyone of my thinking and my actions to prepare my portfolio for the worst, in the hope that others can benefit from it.

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Sunday, July 24, 2011

 

Austerity Program II

Unfortunately, as I read the tealeaves, any rationally-sized tax hike will be gobbled up by the medical programs inside of a year or two from now, leaving us poorer in pocket right now and still needing an Austerity Program of biting depth, such as the plus or minus10% per year or so suggested earlier. Continue this tax hiking act each year and you simply dig us a far deeper hole. Let the debt spiral upwards to boot and the debt service will likewise spiral, perhaps even faster because of drastic hiking of interest rates for our borrowing. Job production would continue to go negative with a vengence.


The way out must be deep spending cuts by the government.

It is apparent that the financial world is watching, and may well lower our credit rating despite a healthy rise in the spending cap, which will raise interest rates on us all very rapidly, and could well lead to the formal shift by the world community from the dollar base to some currency mix. If that happens, we are in for superinflation soon thereafter to go with the interest hikes. We could no longer print funnymoney to pay our bills. All of which would be disastrous for everyone but the very rich. All because some of us want to preserve our lush spending ways in the face of impending financial doom.

Obviously, we need to be sensitive to real needs of the disadvantaged, but we do have to achieve savings in the medical arena, which means a major rework of Obamacare, Medicare and Medicaid. The continuation of the defacto policy of raising the limit and raising taxes while promising spending cuts downstream that never happen must stop real soon now, or we will be in a heap of trouble we just might not be able to work our way out of in a pleasant manner. Whoever thought that SS funds were banked for use is wrong. They were diverted to the general fund, with a piece of paper IOU replacing them. They have been spent.

Whether most Americans or their representatives want to avoid these almost draconian cuts is absolutely immaterial and disingenuous because they will be forced on us from without if we don’t act ourselves while we can still set and pay for our own spending, import and export priorities.



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Friday, July 22, 2011

 

Our Spendthrift Administration

Those who want to put the blame on President Bush for our fiscal woes should heed the following facts:

Including all expenditures:

Clinton spent................................$564 Million per day over 8 years

Bush spent ..................................$1.2 Billion per day over 8 years

Obama spent................................$4.6 Billion per day over 2.5 years, so far!

This current expenditure rate is not sustainable.  Source: GAO









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Monday, April 18, 2011

 

Preserving and Improving America

Conservatives are in the business of preserving and improving any and all worthwhile aspects of the American way of life as they perceive it.

This includes, among many factors:

1. A nation of laws: the Constitution, civil or positive laws, customs and rules.

2. Freedom and Liberty for all citizens, including strong property rights, and the right to own and use guns, as well as freedoms of speech, travel, association, and religion.

3. The free market system, yet with adequate active regulation that effectively prevents fraud and abuse.

4. Maintaining the full and complete sovereignty of the US, and not ceding any aspect of sovereignty whatsoever to an international body, especially not the UN.

5. Natural rights, natural laws, and natural duties.

6. Financial rectitude and budgetary common sense. We support adequate control of spending and borrowing, and orderly and effective reduction of the national debt over time.

7. Charity (that many call welfare) for the needy, the ill, and the destitute.

8. A strong defensive capability for both homeland protection and foreign wars if and when necessary. We believe in just war.

9. Preserving social institutions, customs, and traditions of the nation against the onslaught of progressive changes that would harm a majority of the people.

10. Education of all citizens that succeeds in preparing them to be good and creative citizens in our republic, but not fostering a costly Federal bureaucratic educational superstructure and unions. We need to revert to the tried and true subjects and texts, and the unbiased teachers of yesterday.

11. Moral rectitude and belief in the Golden Rule.

12. The use of science to make life better for all, and to improve our knowledge in all directions.

13. Belief in the nation, patriotism.

14. Outreach to troubled nations.

15. Being a staunch ally to those that we make common cause with by either treaty or simple agreement.

16. Unwavering, implacable enemy of those that would damage or destroy the US or our real friends.

17. The idea of being successful at all that we undertake, be it: social, political, economic, military, environmental, or religious.

18. The exceptionalism of the American experiment in governance: the Constitution of the United States of America as a nonpareil system of thought.

19. The custom of admitting immigrants by a legal process and assimilating them within a generation or so is proper. The necessity is clear for deportation of illegal immigrants and not amnesty.

20. Minimal taxation necessary for running the government, but not for redistribution of wealth per se. Fair taxation is the goal, while progressive schemes are not acceptable. The goal is to let each citizen keep as much of his earnings as possible.

21. Identification of elements that need changes over time, either by expansion or by collapse, and working carefully to institute them using both the legal procedures of the Constitution, and the legislature, and the judiciary and the administration, as the Constitution envisions it to take place.

22. Understanding that Islam is not compatible with our freedoms and liberty, that its jihadist element is an existential threat to the US and way of life, and hence Islam has no standing as a non-threatening religion under our Constitution.

23. Belief that public unions should not be allowed in government at all, and that unions whose actions imperil the citizenry, such as preventing dairy supplies from entering a city, not manning aircraft controller positions, or impeding the defense of the nation, should be completely barred from such actions. In other words, life and survival come before the demands of a union.

24. We feel that there are proper subjects that can be promoted by government seed money under careful supervision, and, eventually, partial or full withdrawal by the government from the arena. Space is an example.

25. Social problems must be addressed properly, including abortion, and same sex marriage. Perhaps a national referendum is in order to ascertain whether the majority of voters favor or disfavor these issues, with legislative action to follow in accord with the wishes of the voters.

26. It is unfortunate that we do not have a free press or a free media. The ideal of the media being a major counter-balance to ensure effective government has been largely destroyed by a virtually complete bias on their part in favor of Leftist positions and Leftist candidates. This is an extremely unhealthy situation for our republic.

April 18, 2011

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Monday, February 21, 2011

 

Financial Chaos in the US

The light in the tunnel is that of a train coming our way.

Do you realize the extent of real and countable US liabilities right now? It is north of $112.6 trillion, or about a million dollars per taxpayer. Our total GDP is on the order of $13 trillion. This implies that we are underwater for keeps. There has been no effective response from the Obama team about this crushing number. Real unemployment is north of 20% now, when you count those who have given up looking and are hence excluded from the administration’s count, and this will soon explode further. Yet Obama proposes a budget of over $3 trillion after ignoring a bipartisan committee that had good recommendations.

The idea of printing dollars to pay our way out will shortly be blocked by a group of international monitary people backed by their governments, and the US Dollar will cease being the world’s reserve monitary base. We will enter hyperinflation at about that point or a little after. These are the facts that have trickled down and sparked much of the hysteria, and I, for one, don’t blame people for becoming very highly concerned and emotional.

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Saturday, February 13, 2010

 

Truly Annoying Things

The top of my list of truly annoying things

Absolutely at the top of my list is the entire Jihadist thing out of the Islamic Middle East.  Perhaps annoying is too mild a word.  It should be more like hate!  With many thousands of people killed in the name of Jihadism, I see this scourge to be eminently destroyable!

Following along with that, the number two thing on my list is liberalism in all of its dishonest glory. For the sake of power and influence, they distort the world around us, and try to impose their odious, arrogant and atheistic thought processes on us and on our children. They are ready to sacrifice our way of life for an impossible ideal or Utopia that has no chance whatsoever of being realized.  Many appear to have been raised in homes for anti-American people.  The idea of being forced into using the politically correct-multiculturalism mindset of the left is simply obnoxious.

The third item on my list are the spendthrift souls in our Congress and the Administration that believe somehow that we can spend our way out of the debt hole, when anybody can tell them that ultimately you have to pay the Piper. This is not fair for us, for our children, or for our children's children. They seem to believe that government is the answer to all problems, including employment, when any fool could tell them that it is the private sector that generates jobs, not the government.

My fourth annoyance is tied to the current economic situation where, because of our financial troubles and our president's fiscally and diplomatically irresponsible policies, we are becoming ever weaker in the international scene.  This cannot be a good thing! We have seen stupendous wars growing out of such weakness in the past, and they are too horrible to mankind to be allowed to happen yet again.

So those are the top four of my peeves or hates.  There are a lot more to go!

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Thursday, June 04, 2009

 

Fiscal Conservatism

We need fiscal responsibility in government--fast!

Most fiscal conservatives would support an agenda that included: 1)taking a very hard look at every government program and agency to reduce its budget responsibly; 2)to eliminate duplication and regulatory redundancies in government; 3)to plan and execute a greatly decreased spending agenda more fitting to our GNP and revenues; 4)to reduce the number of personnel in government accordingly in a humane manner, such as not replacing retirees in the sectors reduced; 5)to work to reduce the deficit and reach a balance in a responsible manner over time; 6)to align defense budgets with both long and short-term threats; and, 7)to stop nation-building efforts where possible, while living up to our commitments.

Most fiscal conservatives would go along with tax increases to pay down the debt and stabilize Social Security and Medicare, if they could be assured that the increased revenue would be spent for the purpose intended.

The problem is, any increase today would most likely go to programs that have the effect of growing government greatly, and not to the economic stability we want. Universal health care, universal college education for all, subsidies and earmarks left and right, and little fiscal restraint or careful supervision is what we believe would take place. As Senator Grassley said, government agencies go over theirauthorized limits in a heartbeat if they think they can get away with it. Those universals may be highly desirable, but not when we are serious debtors. Nations that have such benefits also have tax levels that are onerous: 60-70-80% at the high end plus VAT at 18-20% for everyone for everything purchased.

The key is fiscal responsibility, and the current Congress and Administration leave us with zero faith and trust that they are acting responsibly.

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