This week we have been amazed by the market, the media and mainstream America. Look folks, like us or not, we are correct nearly 100% of the time. Examples? We said Obama was a Socialist. We said to buy gold at $400. We said that Europe was a time bomb. We said that the debt we are incurring with entitlements in this country were unsustainable. We said housing prices were insane and that unless you had 20% to put down and that unless you had payments of no more than 25% of your monthly gross, you shouldn't buy a house. The list goes on and on, but you get the drift.
The market reaction Monday to news that Europe was going to bail itself out, in essence, by printing more money to devalue its debt was insane. It is dangerous here, how much more so in Europe, a continent of people who have proved volatile and to say the least, emotionally unstable.
Bill Murray got it wrong in Stripes, American doesn't mean "our ancestors were kicked out of every decent country on earth", American means our ancestors were tired of the class division, the political extremism, the religious oppression, it means our ancestors were perhaps the poorest, but had the foresight to know when a better deal was available.
Now we have a political class in this country that wants to switch to a Socialist model similar to the Soviet Union which imploded under the weight of its own debt. Then there are those that want to institute a Social Welfare state like in Europe...just as we watch Europe fall apart from the debt they created to support the Social Welfare state?!!!
All the while we have a media that touts this hard Left line telling us that those who oppose it are "intolerant", "insensitive", "radical" and "un-American" when the fact is they (the Left and the media) are opposing the very ideals that our Founding Fathers put in place to create a truly free nation, where everyone and anyone could take a shot at doing their best. Where a man, unhindered by an obtrusive government could risk all, and perhaps fail, but at least would have the chance to try without someone else "nosing" around in his business.
The nation has gone insane! "Old School" as it is called nowadays is the only way to go. If we don't stick to basics, don't spend more than you make, throw these bums out, etc. then we are screwed. No one wants to make sacrifice anymore, no one wants to work hard, do things the old fashioned way, suffer, struggle, we have become a nation of instant gratification and if we continue down this road, we will get what we deserve.
That's my opinion.
Christie to Obama: What the hell are we paying you for?!
http://www.youtube.com/watch?v=byvb5nrvPXU&feature=player_embedded
3rd Qtr. GDP revised DOWN to 2.3%, the dollar is down, Oil is over $101 a barrel, Debt to GDP is 100%, EU is on the brink and yet Dow is up 375 points...go figure?
http://www.cnbc.com/id/45490805
Fed steps in to help EU. IMF bailout will cost U.S. $200 Billion!
http://www.bloomberg.com/news/2011-11-30/fed-five-central-banks-lower-interest-rate-on-dollar-swaps.html
European Finance Ministers do...nothing!
http://apnews.myway.com/article/20111130/D9RB1GAO3.html
The Budget Congress Doesn't Want You To See. Realize this America, the SUPER Committee was tasked with cutting $1.2T OVER 10 YEARS. That's $120B a year. Also realize we are $15T in debt, meaning we would need to cut $1.5TRILLION per year over 10 years to balance the budget!
http://www.foxnews.com/opinion/2011/11/29/budget-democrats-dont-want-to-see/
Soros and Paulson Profit Billions on Federal Bank Deal; can you say Insider Trading
http://finance.townhall.com/columnists/mikeshedlock/2011/11/29/soros,_paulson_and_dell_profit_billions_on_federal_bank_deal
Senate Defies Obama Veto Threat
http://www.washingtontimes.com/news/2011/nov/29/senate-defies-obama-veto-threat-terrorist-custody-/
Obama seems like another Famous Socialist-FDR
http://finance.townhall.com/columnists/billtatro/2011/11/29/shades_of_1936
Still Don't Like Gingrich on Illegals, but anything is better than Romney or Obama
http://townhall.com/columnists/thomassowell/2011/11/29/gingrich_and_immigration
Self Defense Weapons to defend yourself against lesbian, atheist, feminazi college administrators
http://townhall.com/columnists/mikeadams/2011/11/29/a_five_gun_salute_to_great_self_defense_weapons
