Category Archives: Money matters

National debt – our disgrace

A wheelbarrow of money to buy a loaf of bread. This is what Obama, with his fiscal cliff plan, threatens us with.
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The National Debt

Let’s run some numbers.

DOW, deception – and danger ahead

A wheelbarrow of money to buy a loaf of bread. This is what Obama, with his fiscal cliff plan, threatens us with.
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For those who have been paying attention, the DOW has had over 50 new highs this year.  Sounds great, right?

Quantitative easing: dream and nightmare

A wheelbarrow of money to buy a loaf of bread. This is what Obama, with his fiscal cliff plan, threatens us with.
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We have heard all the terms and all the phrases such as Quantitative Easing, or Monetizing Debt and just plain QE4 (or whatever number they are currently up to).  But how many people, even those in Congress, Wall Street and the banking industry, those who benefit the most from this destructive charade, understand just what it is and how it’s actually pulled off?

Sequester: boon to green energy?

Will the sequester make these a rarity? Not necessarily, says a smart executive.
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De facto President Obama insists on making the “sequester” hurt as much as possible. Or so he thinks. But one executive, in an industry that takes many government subsidies, doesn’t want any more. In fact, he says the government should get out of the subsidy business. That, he says, would force his industry to concentrate on fundamentals, not on playing political games.

Cyprus rejects deposit seizure

Gold coins. Will gold and silver coin replace paper money soon?
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The parliament of Cyprus today said a big ΟΧΙ! – Ochi! – NO! – to the European Union’s demand to tax bank demand deposits for tribute. But by even thinking of such a step, the EU and the government of Cyprus have done damage neither side can repair. They have broken faith with every man, woman and child who has “money in the bank,” whether that bank be in Cyprus, or elsewhere in Europe, or here in the United States of America.

Cyprus – canary in the mine

This soldier was in Cyprus in 1974. Will a soldier like that be patrolling in the USA?
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Cyprus has a long and troubled history – pawn in war for thousands of years, divided to this day between Greece and Turkey. Today, like a canary in a coal mine, Cyprus signals the total economic and social collapse that threatens all Western economies, This should surprise no one.

Bernanke sets up a crash

Ben_Bernanke
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Don’t let that nice, comfortable grandfatherly look on Mr. Bernanke’s face fool you. He is as evil and destructive as George Soros and all the anti-American projects he funds. For those of us who have religious backgrounds the words “Father, forgive them for they know not what they do” can soften our hearts for those that have done wrong in an attempt to do right.

Fiscal Cliff: more lies, taxes and recession

Talk about the fiscal cliff: What hypocrisy from those who built this mountain of debt!
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Congress did not avert the “fiscal cliff.” This government went over that cliff long ago. The numbers, when you read them, tell the tale.

Taxation without representation in 2012

TEA Party to GOP establishment: enough already.
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Taxation without representation isn’t a new phrase. It’s one we usually associate with the Revolutionary War. However, in 2012, it may be time to start shouting this protest phrase once again. As is the case with the recent Tea Parties, which derive their name from our founders’ protest against high tea taxes levied by England, some things old seem to be new again. And – as was the case prior to the Revolutionary War – the people living on this continent in this country once again suffer taxation without representation. This time, however, is more insidious since we all erroneously believe that we do have representation in the form of elected officials. But do we?

Fiscal Cliff? What Hypocrisy!

Talk about the fiscal cliff: What hypocrisy from those who built this mountain of debt!
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The lunacy of worrying about the “fiscal cliff” can not be more easily shown than by this graphic.

This, my good people, is not the money both Democrats and Republicans have spent. This is money they spent, that they did not have.