At a time when most everyone would prefer to busy themselves with Christmas and other end of the year activities, our Nation finds itself embroiled in a fight for its financial life. One the one hand, we have a Federal government that keeps moving farther away from a centralist position while on the other, millions of citizens are having a hard time keeping their jaws from hitting the floor. And perhaps the only institution that seems happy with this mess is the media’s talking heads….
President Obama is fully prepared to take the Nation over the cliff!
It’s mid December and our President is showing no signs of any desire to negotiate with Republicans on getting a handle on out-of-control government spending. ‘It’s a my way or the highway President that was elected to lead us to the Promised Land and who seems to have little if any interest in the welfare of the country at large. The bottom line…get ready for major, across the board, tax increases in January! Hey! Who out there can spell ‘recession’?
Ben Bernanke piles it on!
The head of the Fed, Ben Bernanke has come forth with a declaration that his Treasury Office will continue to pump more freshly printed money (reportedly 85 billion a month) into circulation for ‘as long as it takes’. Yeah, that aught to end well…
North Korea and a new definition for the word retarded!
You have to give it up for the dictatorship that is North Korea. After Kim Jong-un launched a satellite into orbit last weekend, even China is now showing signs of nervousness. Think about it. Where are all the buildup in troops and nuclear stockpiles eventually headed? Were that nation to decide to expand, what direction would they go? South Korea or China come to mind.
In the meantime, millions in that country continue to live on the very edge of starvation. Were it not for the generosity of neighboring China who provides 90% of their power and a large amount of subsidized food, they would be in dire straits. Those last two missile launches cost 1.3 billion. An amount of money that could have fed every man, woman and child for a year! But, what they got was a ‘dishwasher covered with tinfoil‘, that is orbiting the planet and which is now reported to be ‘out of control’. Not much bang for the buck…