Jim Crum, with whom I have corresponded since the beginnings of the search for information about BO's birth certificate, has published an excellent piece with American Thinker. Jim comments on the inflation effects of the Fed's QE2 program:
The recently released BLS import and export report simply confirms what many of already knew was happening or was going to happen. Prices everywhere on nearly everything of substance are going up dramatically.
Jim adds that fuel and agricultural prices are both on the rise. American Thinker's Thomas Lifson adds to Jim's post:
Inflation, using the reporting methodologies in place before 1980, hit an annual rate of 9.6 percent in February, according to the Shadow Government Statistics newsletter.
If you are thinking of retiring, you will have to think strategically. Unlike Jim, who told me separately that he's bearish on the stock market, I am convinced that there will be a short term run up. The reason is the liquidity and ultra-negative interest rates that Helicopter Ben and the Fed are generating. One commentator on Kitco suggests that there will be a few week consolidation period followed by an additional run up in the stock market.
No increase is consistent. The silver market has been doing beautifully, and those of us who have partaken of the white metal have enjoyed the run. My portfolio is near its all-time high in February of 2008, when I had benefited from a short term run up in construction stocks that the late Howard S. Katz had recommended. However, I am not sure about silver's short term performance. Over the long term it will continue to rise, along with other commodities.
My recommendation to deal with Obama's declining America is to plan for retirement by purchasing blocks of commodities that reflect your anticipated consumption. For instance, if you are retiring at age 67 and you figure that you'll live until about age 82, you need 15 years' worth of commodities. If you spend $6,000 a year on fuel and gasoline, $7,000 a year on food, $2,000 a year on house repairs, $5,000 a year on property taxes and $5,000 a year on other consumables then you have a commodity budget of about $25,000 a year. The property taxes can be accounted for with gold or silver. The consumables and house repairs can be accounted for the with Deutsche Bank Commodity Index, DBC and/or the Deutsche Bank Agricultural Index, DBA. So you need to fund $25,000 x 15 = $375,000 in commodities investment before you retire. If you have ten years to go, you should fund $37,500 per year, $75,000 over five years, or put it all in now, depending on your theory of where the market is going to be going.
The commodities should not be used as speculation but rather as savings that you will liquidate over your anticipated retirement period. Whether commodities go up or down, your inflation risk for the funded period will be nil.
Tuesday, April 19, 2011
The Unbearable Ugliness of the American Left
A neighbor forwarded this video of left-wing anti-Tea Party demonstrators.
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Sunday, April 17, 2011
Donald Trump Is Barack Obama
Given the steady deterioration of the United States since the 2004 reelection of George W. Bush, Donald Trump's sudden popularity among Tea Party circles doesn't surprise me. Trump calls for Obama's birth certificate, but other than race is Trump different from Obama? Obama was involved with crooked real estate entrepreneur Tony Rezko. Trump has spent his career in crooked real estate dealings. Obama rose through the ranks of the most corrupt political city in America: Chicago. Trump has been significantly subsidized in the most corrupt business city in America: New York. Neither have work experience that justifies their being president. Both have lived off government. Obama is so ethically challenged we can't get a straight answer from him about his background. Trump is so ethically challenged that he has spent a lifetime cheating lawyers and others who have worked for him. I know two lawyers who did significant amounts of work for Trump and Trump simply did not pay them. How many creditors did Trump cheat the times he went bankrupt?
So what, exactly, is the Tea Party? A movement of goons who flock around a crook like Trump? If so, then how do they differ from Obama's supporters? Trump is white; Obama is Black. Trump cheats his creditors, Obama lies about his background. What else?
So what, exactly, is the Tea Party? A movement of goons who flock around a crook like Trump? If so, then how do they differ from Obama's supporters? Trump is white; Obama is Black. Trump cheats his creditors, Obama lies about his background. What else?
Sunday, April 10, 2011
Mairi Is Fed Up with the GOP
I just received this e-mail from Mairi of Chicago:
>I watched last night, as word came down that a deal had been reached to extend the 2011 budget. To say I was disappointed would be an understatement. I was ENRAGED!
Carl Cameron gave his view of what had happened, and I have to tell you, I have despised that man since he leaked the stories of Sarah Palin being attacked by staff members of John McCain's candidacy as a "diva". The man is a jackanapes, IMHO...
Personally, I have had it with the GOP. They are just DemocRATS on quaaludes. They have tried to convince the American public each time they caved in and passed a CR, that they were gaining in spending cuts with each new resolution.....unfortunately, the amount of spending so far overshadowed any supposed cuts, those CR's were rendered eunuchs. There was no victory in their passage.
And now we come to last night's marathon negotiations. Republican cronies tried to place such a happy spin on what had occurred, claiming that never before in history had so many spending cuts been accomplished. Fact of the matter is, never before in history has America ever been faced with such enormous debt that even our grandchildren and great grandchildren will be devastated by it's effects. The global economy is teetering on the brink, and if America falls, NO ONE SURVIVES the consequences.
There is no "happy spin" on what happened last night in the Capital. Republicans caved. They blinked, their knees knocked, and DemocRATS took full advantage.
I am FINISHED with Republicans. I am finished with the likes of Michele Bachmann and Allen West, Rand Paul and Jason Chaffetz. They sound so on the side of the American people, but fact of the matter is, not one of them has stood tall on the eligibility issue, or LtC. Terry Lakin. They can claim all they want that they value the Tea Party and all the principles and virtues of Constitutionality that it embraces, but as I see it, they are just party hacks taking advantage of an opportunity. I am pleased that they voted "no" to the deal, but that is negated by the outcome. Not one has the cajones to LEAD!
In the future, I will be looking to alternative parties like the AIP and the Constitution Party to begin picking up the slack with candidates who know, understand, and revere our Constitution. It's time for the former Whig party to consider a comeback, or even possibly the Tea Party becoming just that, a new "Party". Those in the future who claim affiliation with Republican or DemocRATS will not gain my support. I really felt confident after last November that Republicans could not only be led to the water, but would actually drink. They, IMHO, have refused. They have no concern for the Constitution, and the fact that they caved so easily, without a threatened government shut-down so welcomed by the American people this time around, is all the evidence I needed to convince me, that while these two parties exist in D.C, nothing will ever change for the better.
I HOPE everyone is signed up for GOOOH.com, and will familiarize yourselves with ALL of the "alternative" parties which embrace the Constitution. I consider the best to be, "the American Independent Party", "the Constitution Party", and probably at this point, even Libertarians.
I am open to suggestions from any of you.........2012 will be here before we know it, and it's time to have Constitutionalists in the forefront. There are GREAT candidates already waiting for the opportunity to have your support, like John Dummett, who has been trying to gain support and recognition for some time now. It behooves us to become familiar with real candidates who need our support to win against the Reps' and Dems' power brokers and money. It will be important to identify Constitutionalists, make others very aware, and build enough awareness that these candidates WILL prevail. I have Faith after last November that we CAN and WILL achieve the goal if we remain focused.
GOD Bless,
Mairi
>I watched last night, as word came down that a deal had been reached to extend the 2011 budget. To say I was disappointed would be an understatement. I was ENRAGED!
Carl Cameron gave his view of what had happened, and I have to tell you, I have despised that man since he leaked the stories of Sarah Palin being attacked by staff members of John McCain's candidacy as a "diva". The man is a jackanapes, IMHO...
Personally, I have had it with the GOP. They are just DemocRATS on quaaludes. They have tried to convince the American public each time they caved in and passed a CR, that they were gaining in spending cuts with each new resolution.....unfortunately, the amount of spending so far overshadowed any supposed cuts, those CR's were rendered eunuchs. There was no victory in their passage.
And now we come to last night's marathon negotiations. Republican cronies tried to place such a happy spin on what had occurred, claiming that never before in history had so many spending cuts been accomplished. Fact of the matter is, never before in history has America ever been faced with such enormous debt that even our grandchildren and great grandchildren will be devastated by it's effects. The global economy is teetering on the brink, and if America falls, NO ONE SURVIVES the consequences.
There is no "happy spin" on what happened last night in the Capital. Republicans caved. They blinked, their knees knocked, and DemocRATS took full advantage.
I am FINISHED with Republicans. I am finished with the likes of Michele Bachmann and Allen West, Rand Paul and Jason Chaffetz. They sound so on the side of the American people, but fact of the matter is, not one of them has stood tall on the eligibility issue, or LtC. Terry Lakin. They can claim all they want that they value the Tea Party and all the principles and virtues of Constitutionality that it embraces, but as I see it, they are just party hacks taking advantage of an opportunity. I am pleased that they voted "no" to the deal, but that is negated by the outcome. Not one has the cajones to LEAD!
In the future, I will be looking to alternative parties like the AIP and the Constitution Party to begin picking up the slack with candidates who know, understand, and revere our Constitution. It's time for the former Whig party to consider a comeback, or even possibly the Tea Party becoming just that, a new "Party". Those in the future who claim affiliation with Republican or DemocRATS will not gain my support. I really felt confident after last November that Republicans could not only be led to the water, but would actually drink. They, IMHO, have refused. They have no concern for the Constitution, and the fact that they caved so easily, without a threatened government shut-down so welcomed by the American people this time around, is all the evidence I needed to convince me, that while these two parties exist in D.C, nothing will ever change for the better.
I HOPE everyone is signed up for GOOOH.com, and will familiarize yourselves with ALL of the "alternative" parties which embrace the Constitution. I consider the best to be, "the American Independent Party", "the Constitution Party", and probably at this point, even Libertarians.
I am open to suggestions from any of you.........2012 will be here before we know it, and it's time to have Constitutionalists in the forefront. There are GREAT candidates already waiting for the opportunity to have your support, like John Dummett, who has been trying to gain support and recognition for some time now. It behooves us to become familiar with real candidates who need our support to win against the Reps' and Dems' power brokers and money. It will be important to identify Constitutionalists, make others very aware, and build enough awareness that these candidates WILL prevail. I have Faith after last November that we CAN and WILL achieve the goal if we remain focused.
GOD Bless,
Mairi
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