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January 8, 2010 Breaking News

 

Quote of the Day:

“We must not let our rulers load us with perpetual debt.”

–Thomas Jefferson, letter to Samuel Kercheval, 1816 Thanx, David

Too Late!

Observation of the Day:

After watching the likes of Pelosi and Reid shame congress with their sleazy behavior, the oath to swear in a member of congress shall, from this time forward, be known as the “Hypocritic Oath”.

Observations:

Folks, I know that you are as weary of reading this newsletter as I am writing it. Unfortunately, now is not the time to give up. The yellow rats are going for the throat this month—for the jugular. It will be done in secret, as is their way, and then they will spring it on congress and try to force a vote on a bill that nobody has read.

And if things weren’t bad enough, while the president has taken our eyes off the economic ball with the terrorism issues, the U.S. keeps swirling towards the drain.

Folks, I went through this a number of months ago in this newsletter and nothing is different today, except we are closer to the disaster.

It appears that the administration has been secretly buying its debt back from investors within about 10 days after each treasury sale. In other words, the investors are buying the debt to make it look like our debt is being bought by third parties. However, we have tripled the deficit in Obama’s first year and there are not enough buyers to buy all the debt we are issuing.

Therefore, it appears that in another back door deal, the administration has made a deal with certain investors for them to purchase debt and then secretly sell it back to the government within about 10 days of the sale.

Do you know what that means? It means that the government has started to secretly monetize the debt. Folks, that is the first step to Hyperinflation!

The debt load, due to the condition of the economy, has grown unmanageable for the government! They no longer can sell as much as they are creating!

Here is what you are facing, folks, and I know that you think it can’t happen to you or this country. WRONG!

The way I see it, the government has a couple of alternatives at this point in time. The first and most practical is to shut down all unnecessary spending. This might have to be paired with modest tax increases, at least temporarily. This would be accompanied with an all out effort to create jobs and get the economy going again, and I don’t mean by ‘shovel ready’ methods.

The second alternative, as I see it is to continue to fund these huge programs to promote the ideological change in America, which includes the health care bill and the cap and trade among others. This would necessarily include colossal tax increases across the demographic spectrum if the country were not to go broke under the heavy deficit spending.

Thirdly, continue the deficit spending and not raise taxes significantly. That means the government goes broke. Your social security checks quit going out, your Medicare quits working, your government sponsored health care is useless, your military’s paychecks bounce. In short, government programs and the government stop and the country goes bankrupt; a process which will leave few people without the severe scars of such a catastrophic collapse.

The only other alternative is to monetize the debt, but that is a swift self-destructing Ponzi scheme. As the government buys more of its debt by printing currency with no backing, the value of the currency plummets. No other country wants it.

In a breathtaking short amount of time, our dollar becomes absolutely worthless. I have told you about the Weimar Republic that crashed with hyperinflation, thereby setting up the perfect storm for Hitler to take over Germany. Also, Zimbabwe just went through hyperinflation. They have 3 Trillion Zimbabwe dollar notes to buy a few groceries.

All in all, a bleak picture, especially if congress chooses the wrong road. IT IS A GOOD BET THAT WHAT WE DO THIS YEAR IS OUR LAST CHANCE TO SAVE LIFE AS WE KNOW IT IN THIS NATION!

Think I am an alarmist? You are right. I am! Someone needs to sound the alarm in this country.

But what if I am right?

We have strong historical evidence in several societies in which some of these courses of action led to ruin.

If I am right, by the time it becomes apparent to most people what the government is doing, it will be too late to do anything about it. This stuff isn’t reversible in a month or even a year. In fact, past a certain point, the chances are that it is not reversible at all!

And the government could very well have you just where they want you. Being totally dependent on government handouts for survival tends to make one more willing to give up one’s rights.

And if I am wrong and you all go out and raise hell with congress and stop this senseless spending. Well, it appears that you will stay even or gain and probably keep a little more of your take home pay in the process. Not a bad trade-off as I see it.

Read the following Quote.

“The Party seeks power entirely for its own sake. We are not interested in the good of others; we are interested solely in power. Not wealth or luxury or long life or happiness: only power, pure power. What pure power means you will understand presently. We are different from all the oligarchies of the past, in that we know what we are doing. All the others, even those who resembled ourselves, were cowards and hypocrites. The German Nazis and the Russian Communists came very close to us in their methods, but they never had the courage to recognize their own motives. They pretended, perhaps they even believed, that they had seized power unwillingly and for a limited time, and that just round the corner there lay a paradise where human beings would be free and equal. We are not like that. We know that no one ever seizes power with the intention of

relinquishing it. Power is not a means; it is an end. One does not establish a dictatorship in order to safeguard a revolution; one makes the revolution in order to establish the dictatorship. The object of persecution is persecution. The object of torture is torture. The object of power is power.” “1984″, by George Orwell

I think that a number of members of the current administration, if not all of them, reflect this attitude. When the white house communications director says that one of her all time favorite philosophers is Mao tse Tung, is she forgetting that this guy killed 70 million people to convert China to communism? I believe that he is on record saying that he was prepared to kill 300 million people to achieve his political goals.

A little good news for a change. My sister just informed me that she has a new puppy. Apparently, someone threw this little female Labrador puppy out into 20 below zero weather. She ended up in my sister’s yard, damn near frozen to death. Kudos to my sister.

Senator Ben Nelson of Nebraska, who provided the 60th vote for the senate health care bill and is being soundly thrashed for his effort by the state he represents, now says that Obama should have backed off pushing health care in favor of concentrating on the economy. Well duuuuhhh!

What have I been raising hell about for 8 months? The President is putting his political ideology ahead of the welfare of this nation. Period.

As things heat up and the wheels keep coming off of the 4th grade class’s wagon this year, you will hear the terms “democratic”, “racist” and “big business is bad” more and more.

The funny thing is that big business isn’t complaining. They have already been bought off by the administration. You see, contrary to what the liberals say, they like big business just fine, providing they can control them through back door deals.

Big business is the only real threat the radicals face because business has the capital to expose the government on a national basis if they become angry. You and I can’t muster that kind of capital.

And frankly, certain members of big business have earned my undying enmity for knuckling under to these clowns. If Obama perfects this overhaul of the country that he has in mind, business will find that Obama’s word isn’t worth the powder to blow it to hell once he doesn’t need them anymore. They will be unceremoniously thrown under the bus with the rest of us.

Troubled comic and Howard Stern sidekick Artie Lange attempted suicide on Wednesday, according to reports. He allegedly stabbed himself 9 times. Doctors were able to save him.

It is a tragedy when anyone feels so locked into his or her unhappiness that suicide becomes an attractive alternative. I suppose if I was Howard Stern’s “sidekick”, I might look at suicide too.

Our favorite mayor, “Urban Phil” Gordon, serial sanctuary provider for illegal aliens, has now reported a surprise increase in the deficit faced by the City of Phoenix, of around $245 Million. He is now proposing a tax on food to help deal with that.

There is something about politicians taxing the basic necessities of life that just rub me the wrong way and this guy is beginning to give me a rash.

A few weeks ago, I reported that the deal to sell Saab was dead and General Motors was going to proceed with shutting down Saab and liquidating it.

It now appears that Spyker Automotive is back in the picture again and a modified deal is in the works.

All of the retirees that had stock in GM as part of their retirement need no longer be concerned because Obama liquidated their position, along with that of secured bondholders, and gave it to the union.

The evidence that Marxism is all about favors to one group at the expense of another group just keeps piling up!

Things are looking up, though. It looks like Obama is cancelling plans to deport Gitmo detainees to Yemen and instead will deport them to Illinois.

Apparently, he feels that, once properly trained, they would make great community organizers for ACORN.

By the way, did you hear what I heard in Tuesdays press conference on terrorism man caused disasters? Obama said that the existence of Gitmo was a primary recruiting tool for al Qaeda! That is perhaps the stupidest thing I have heard since Bill Clinton uttered those famous words, “I did not have sex with that woman”. (That little fabrication under oath was a main reason he was disbarred.)

These people are religious fanatics and I can tell you, without fear of contradiction from any rational human being, that they don’t give a rat’s fanny about perceived social injustice or human rights.

And if things weren’t bad enough, now we are finding out that under the Senate’s health care bill, as many as 23 million people would remain uninsured.

Why aren’t I surprised?

The New York Daily News reported that Michael Leiter, the top official in charge of analyzing terror threats did not cut short his ski vacation after the underwear bomber nearly blew up an airliner on Christmas Day.

A lot of people are making a big deal out of this, but my question is what he would do if he did cut his vacation short. Order his agency to investigate what happened? I suspect he did that by phone. The horse was already out of the barn.

Still, it is a public relations nightmare and for that reason alone, he probably should have cut it short.

Headline of the Day:

Midwest bracing for heavy snow, wind chills of -50

The Administration caught in another bald face lie:

NEWSMAX: The Obama administration official who declared there was “no smoking gun” that could have alerted authorities about an al-Qaida plot to bring down a U.S. airliner over Detroit had received a personal, high-level briefing in October warning of a new al-Qaida tactic of hiding a bomb in an attacker’s underwear. On Fox News Sunday, John Brennan, assistant to the president for homeland security, told host Chris Wallace, “There was no smoking gun. There was no piece of intelligence that said, ‘This guy’s a terrorist. He’s going to get on a plane.’ No, not whatsoever.” Brennan’s comment evoked derision from international expert Arnaud de Borchgrave Monday during an exclusive interview with Newsmax. TV’s Kathleen Walter. “I would call that twaddle in all its unrational splendor,” said de Borchgrave, author, syndicated columnist, and director of the Center for Strategic and International Studies. Despite Brennan’s contention that no smoking gun preceded the attack, Newsweek reported that Brennan received a personal briefing in October from Muhammad bin Nayef, the Saudi Prince who narrowly survived an al-Qaida assassination attempt in August. Nayef was wounded in the explosion, which used the same technique, and the same PETN explosive material, that authorities say Nigerian Umar Farouk Abdulmutallab employed to try to bring down a Northwest airliner on Christmas Day.

Actually, I understand that John Brennan is a pretty competent guy. However, when you have an administration like this, it corrupts everything and everybody it touches.

Chicago slowly sinking into its own sewer:

NBC NEWS: The Chicago Police Department is seriously considering scrapping the police entrance exam, sources tell Fran Spielman.

Dropping the exam would bolster minority hiring and avert legal battles, according to one source, while others confirm that the exam could be scrapped to open the process to as many people as possible.

However, the lack of an exam would make Chicago the lone major city without one, and experts contend that the exam is integral to eliminating unqualified applicants.

That is just plain wrong. Can you imagine calling 911 because someone is breaking into your house and these goofballs decide to finish the doughnuts and coffee before responding? This is just plain stupid. There is no reason to hire substandard officers, period!

Obama Reneges on Health Care Transparency:

(CBS) President Obama wants the final negotiations on health care reform - a reconciliation of the House and Senate versions of the bill - put on a fast track, even if that means breaking an explicit campaign promise. “The House and Senate plan to put together the final health care reform bill behind closed doors according to an agreement by top Democrats,” House Speaker Nanci Pelosi said today at the White House. The White House is on board with that, too, reports CBS News political correspondent Chip Reid. Press Secretary Robert Gibbs stressed today that “the president wants to get a bill to his desk as quickly as possible.”

It appears that even the Lap dog media is becoming concerned with the stunning dishonesty of this administration.

Jack Cafferty Rips Obama on Failed Openness Pledge:

‘Just Another Lie Told for Political Expediency’

Even CNN is savaging the white house and congressional leaders for this secrecy.

Copy and paste this URL to your browser to watch this short clip: http://www.youtube.com/watch?v=8pO1oJPps1I

He pretty much calls a spade a spade.

Serial Intern Abuser has largest gay rights group after him now:

ABC NEWS: The country’s largest gay-rights group today demanded an apology from David Letterman, for making what it called “inappropriate and incendiary remarks” regarding President Obama’s appointment of a transgender woman to the Commerce Department.

In his monologue Tuesday, Letterman remarked that Amanda Simpson, a transgender woman, had been appointed to work in the Commerce Department’s Bureau of Industry and Security, where she will monitor the export of military technology.

As a photograph of Simpson was shown, announcer Alan Kalter shouted, “What? Amanda? Amanda used to be a dude?”

“Oh my God!” he shouted, before running off stage, with audience laughing.

It was actually a little funny for a change. Just call me Mr. Insensitive.

What does Yahoo stand for?

The name of the Internet’s most popular directory, is an acronym. According to the company, the name “Yahoo” stands for “Yet Another Hierarchical Officious Oracle.” Do you Yahoo?

Medical Update:

BALTIMORE (UPI) — Injecting a corticosteroid directly into the eye may slow the progression of proliferative diabetic retinopathy, researchers in Maryland said. In experiments, the corticosteroid triamcinolone slowed progression of the disease, which is a complication of diabetes that frequently leads to blindness, researchers at Johns Hopkins Wilmer Eye Institute in Baltimore said in a release Monday. The treatment is not yet ready for general use because of side effects, such as an increased risk for cataracts and glaucoma, said Neil Bressler, a chief ophthalmologist at the institute. “Steroid treatment worked, but because of safety issues, cannot be recommended routinely at this time,” Bressler said, noting the condition can be treated safely and effectively with lasers. Future research will explore further development of corticosteroids without the risk of severe side effects, he said in the December issue of the Archives of Ophthalmology.

Keep those letters and emails going to congress,

Glenn

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Definition for new readers: Yellow rat democrats, as opposed to Blue Dog Democrats, or just Democrats, are so named because they behave like yellow rats; they are sneaky, they have no rules that they live by except to get what they want by any means necessary and they run for cover when someone shines a light on them. Yellow Rat Democrats draw primarily from the so-called “progressive” democrats.

If you have watched the secrecy, lies and bribes that the democratic and house leaders have used to push the health care bill through, you understand what a yellow rat is.

Find your congress person: http://www.congress.org/congressorg/directory/congdir.tt

Senate phone Numbers: 1-877-851-6437 and 1-866-220-0044, or call toll 1-202-225-3121

Obama (White House) 202-456-1111 and 202-456-1414

The purpose of this newsletter is to provide information to the public regarding the political climate in America, which may not be available from the regular media, as well as to urge them to become politically active. While the writer tries to use only news sources that are deemed reliable, no guarantees can be made.

The normal font indicates hard news articles. The Font in black italics indicates my paraphrasing hard news articles or my general writing, such as in the observations. The font in red italics is the (sometimes snarky) opinion of the author. The font in red bold italics is mad or making a point!

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