Liberty Trail--The Conservative Road to Freedom

Conservative news, action items, patriotism, American ideals, freedom from socialism

                      The REAL Gloom and Doom page--THE ECONOMY

"Follow the Money" most often refers to politics.  Here we follow what is happening in our economic world, that which is having huge negative impacts on oaur ways of life.

                        Many "Pivots"  result in Administration Divot

3/10/10:  One (of many) of the commonalities heard these days among conversations with ordinary Americans is "what about jobs?"  Having been out of work for many months myself, I know the frustration.  And yet, the Administration and Congress's total focus is, and has been, on ramming their leftist health care package down our throats.  It makes me want to go out on my front porch and howl "I don't give a crap about your health care package...fix the economy so that there are jobs".  Oh yes, there was that instance during the Chief Leftist's Misstate of the Union teleprompter practice session when he clearly emphasized their need to immediately work on the jobs issue, and at that one I personally mimicked that guy in the Ford commercial when he says "Yeah, Yeah, Yeah" in a sarcastic way.  Much better than throwing my shoe at the TV.  Well, here's the skinny on the jobs matter.  Seems that President Teleprompter and his squad of goons seem to have a particular infinity toward the word "pivot", generally in conjunction with the word "toward".  It must be a part of the Leftist Lingo they seem so adroit at using these days.  In THIS ARTICLE you will find that they have actually been concerned enough about the jobs situation to either use or press release the term "pivot" in conjunction with their concerns about the jobs issue (as in, the Administration is going to make a hard pivot to the jobs matter....) a total of at least 20 documented times since November.  And you have seen the results....zero action.  The jobs issue remains in the black hole....a huge divot on the administration, too engrossed in their health care matter to care about those of us who remain unemployed.  And, that is my2cents.  

                           Looks like they're in our wallets once again

3/9/10:  There is a key operative phrase in THIS ARTICLE..."millions of foreclosures could delay or even reverse the economies tenative recovery..the last thing it wants in an election year."   Wow, what does that tell you?  We have to make ourselves into heros to those poor souls who were "victims" of their own greed and irresponsibility so that they will remember us come November.  Here's the deal.  The government is embarking in an all out effort to stem the flow of foreclosures by starting a new program which will allow the seller of a house facing foreclosure to "short sell" it, and under the program will "give" the homeowner "moving on" money to do so.  Like I said, it looks like they're going after our wallet once again.  Why would I say that?  Well...where is the money coming from that they will use to pay off the short sellers?  And, pardon me for asking a stupid question, but if the folks are able to short sell through this wonderful new program do you really think for a nanosecond that the banks and holders of those mortgages will really "eat" the difference in what is owed them and what they actually get?  We must seriously doubt that, and thus look for the rest of the foot to come down...how will they get paid, and by whom?  Lock your wallets up folks.       

                              Might an economic collapse be by design?

3/6/10:  There was a massive run, a draw down, of money market accounts, which was noticed by the Federal Reserve in Sept. of 2008.  In the space of 2 hours, over $500 Billion was withdrawn. (more detail in this section in a post dated 2/1/10).  Up until that point, the lead in the campaign for POTUS between McCain and Owe-bama was pretty much even up.  This single event seemed to swing the election toward him.  However, there is a significant timeline of events (of which this event is just a part) which suggests that perhaps there is reason for legitimate concern as to whether Owe-bama (along with some of his appointees) isn't deliberately spending America into bankruptcy to level the global playing field.  At the very least, it is certainly destroying the free market economic system and replacing it with an economy regulated by government.  MORE HERE. 

                    The tipping point...when, and what will it mean?

3/5/10:  Picture a see-saw.  On one end is dependency on government programs, and on the other is American democracy.  At a bare minimum, the see-saw should be level.  Ideally, the end with American democracy should be on the ground.  Over the years, as dependency on government programs has increased, the end of the see-saw with American democracy has lost weight, and as such, one has to wonder when the tipping point of sustainability will be reached.  Dependency creating programs, most notably the entitlement programs, when combined with the rapidly increasing numbers of folks who no longer pay into the system, poses a definite threat to our sustainability.  The lengthy Index of Dependency in Government report, published for 7 years now, shows a huge growth in government dependency programs all across the spectrum.  THIS ARTICLE suggests that the focal point of policy of the current administration has been to increase American's daily dependence on government programs, something that will edge the tipping point ever closer.

                         Soros, manipulating the Euro...is the US next?

3/5/10:  Soros, it appears, is trying to manipulate the Euro, it seems.  Anyone who has read previous articles on Soros, either on this site or on the many sites in which he is subject matter, knows what appears to be his primary goal...establish a one world currency, and thus a one world order.  In order for that to come about, after the Euro, there is but one major economy left to manipulate.  The U.S. economy....and it appears that Owe-bama is doing nothing to protect the dollar.  That's way over the head of many sheeple....simply because they cannot comprehend that it can (and is) happening. 

                                 Soros still at it, and he's spending big

3/4/10:  The penultimate George Soros is never quiet very long.  There is too much wheeling and dealing to do to get to that One World Order (which America will become a part of) up and running.  And, he's not queasy about spending money to ultimately reach that goal.  In THIS ARTICLE we are told of a $50 Million pledge he made as up front money to start The Institute for New Economic Thinking, headquartered in N.Y.  Spend a couple of minutes and peruse the bio's of those who make up the Advisory Board for this $50 Million dollar think tank (clearly, a very left leaning group of chaps).  Then mosey through the agenda for the first conference to be held at King's College, U.K. in April of this year.  Three subjects that jumped right out at me were:  Toward a new global financial architecture, The consequences of inequality and wealth distribution, and Political economy:  what can governments do?  What will governments do?  Darlings, I don't know how to break this to you any easier, but 50 big ones isn't chump change, and it's not being spent on a flyer.  Soros doesn't do that.  This is one of the steps (as you will note as you read the detail on the linked site) being implemented to bring about, ultimately, thinking changes in educational institutions.

                     Barney Franks $4 trillion gift to banks--a sell out by Corker

3/4/10:  The health care issue will affect roughly 1/5th of our economy.  Yep, 20%!  Now, in the midst of that issue which has citizens and politicians alike galvanized and otherwise occupied, a new political traitor has ridden into town (the Putrid Province on the Potomac), in the form of Sen. Bob Corker (R, TN).  Barney Franks, who, in cahoots with some of his liborat friends were partially (if not all) responsible for the woes brought on the economy by refusing to listen to investigate shim sham dealings in Fannie Mae and Freddie Mac years ago.  Both ultimately and essentially collapsed and are now government run.  And, because of their continuing drain (and need for more money---see two articles below this one), and the hits the banking industry took as part of it all, Franks came to the rescue with his proposed $4 Trillion bailout provisions in the Financial Services bill which passed the house.  When it seemed the bill was all but dead in the senate, Corker, as seen HERE, has all but snatched the bill from the jaws of defeat in the Senate.  And at $4 trillion, we're talking something that will have a much greater negative impact on our debt and economy that that piddling health care bill, and that's no small potatoes. 

                    O administration considering halting all home foreclosures

3/3/10:  In the continuing chess game call DC politics, the O administration is considering halting all home foreclosures unless they have been rejected by the government's failing $75 Billion mortgage assistance program (which has only serviced about 10% of the applicants since its inception).  Keep in mind, the program is there to provide relief to those who "were given" shoddy loans during the boom times.  The folks who have signed up for that program were the same folks who signed on for the loans that got them into trouble in the first place, it would seem to me.  Oh well, so much for personal responsibility, especially when we have a government bent on having the responsibles pay for the irresponsibles.  Ah, but I'm digressing.  I mentioned chess game....well it's the republicans who are rightfully screaming that this program is NOT helping the economy, so naturally the O administration and the dems (the do-all for all society) argue that by halting the foreclosures, all will be well.  Yep, and Oreo's aren't black and white either.  More HERE.

                                 Fannie Mae, the ultimate blood sucker

3/1/10:  When will someone get the tourniquet out to stop the bleeding?  In a report released after the bell this past Friday, it was revealed that Fannie Mae's losses in 2009 surpassed those of 2008 and when combined with the losses incurred by its cousin Freddy Mac, it makes Enron and Bernie Madoff look like kids games.  Trouble is, this is government...taxes in action.   More HERE.

                                     States heading for the waterfall

3/1/10:  Illinoisans who visit this site and read it are all too familiar with the extreme debt the state is experiencing, seemingly a black hole from which there is little chance to escape.  Some, like me, wonder when the B word (bankruptcy) will enter into the equation.  Seemingly, not yet, as the dems still have control, and their solution is more and higher taxes as opposed to less spending.  Illinois is most certainly not the only state in dire straits.  In fact, compared to some, the canoe that Illinois is in is simply going through the rapids now, and has a ways to go before it reaches the waterfall to certain doom.  Not to worry, if the tax happy dems have their way, another paddler will have been added to that canoe. 

A good general overall overview of how the word "responsibility" (or lack thereof), both governmental and personal, can be found HERE in this well written piece....which, by the way, pretty much sums up the California situation in particular.  And, as seen HERE, California actually may pose a greater risk to any investors considering investing in anything tagged to California.  A pretty revealing article from a high power firm, J.P. Morgan.  And, California's problems don't end there.  It is obvious now that California pensions are continuing to push the state toward insolvency at an accelerated rate, as seen HERE. 

But California isn't alone in the deep weeds.  Pennsylvania's unemployment system is bankrupt, and this in a state which ranks in the top 10 in unemployment.  Pennsylvania's woes can be read in more detail HERE.  Florida's system is as well, as noted HERE.

Finally, it is not just Illinois, California, Florida, and Pennsylvania who are in deep weeks.  What has been shown above are just a couple of examples of specific issues in specific states.  Unfortunately, for all states, a crisis (and in many cases, the waterfall) looms nearer and closer to reality than many folks realize if the USS Budget (HERE) hits the iceberg many of it expect it to hit.  And when States set their budgets this coming year (most of them by July), they had better start to backpaddle their canoes to try to avoid the waterfall. The water will be cold.

3/2/10:  Update to above article:  In THIS ARTICLE you will find information on the 10 most debt ridden states...the next California.  Plus, there are some excellent links attached to the article.  

         What's a few more B's here and B's there--except that become T's

2/24/10:  The taxes just keep coming....a few (?) billion here, a few (?) billion there.  Trouble is, the B's transform into T's (as in trillions) and the Obama administration becomes the Owe-bama administration.  Hey, to a tax and spend administration....it's just money, as seen in THIS ARTICLE.

                            More on government takeover of savings

2/26/10:  On February 4th, in an article at the bottom of this page, I submitted some commentary and an article about the possibility ofthe potential for a government takeover of 401K's and IRA's.  In THIS FRESH ARTICLE we are presented with more information about this possibility.  Clearly, the Owe-bama administration is interested in the possibility, are very aware of what was done in Argentina, and it would seem that the current efforts by the Departments of Treasury and Labor would back that up.  If it progresses would it indicate a greater stranglehold on the citizenry, through their money, or would it indicate that they need the money in the treasury because of the serious debt?  Either way it's a very bad idea for the American Society.

        Why are green jobs so great when they cost more jobs than they create?

2/26/10:  In an article about THE GREEN JOB MYTH, the authors present clear and present evidence that the Nobama administration simply does not look at the facts (and I would add, apparently doesn't care) that the creation of green jobs (green as in $$ to some) will, in many, if not most, cases actually add to the unemployment roles, and gives some very current examples.  It sure debunks some of the yaba-daba-doo (emphasis on the doo).

                          The Great Depression of 2011 and 2012

2/24/10:  I hope this is the last article on this page for the day.  Personally, I can't take a whole lot more of this kind of news.  A reading of the 5 posts below this one all adds to the validity of THIS ARTICLE.  It is no longer a matter of connecting the dots.  It is a matter of being aware of the stuff that will be hitting the proverbial fan.

And to add credence to that, THIS ARTICLE speaks of the 800 Pound Gorilla in D.C.

Again, the warning...keep your pantries full and your powder dry.

                           New home sales hit record low in January

2/24/10:  As government support programs come to a close, new home sales in January tumbled to a record low....the least amount of new home sales in a month in the past 50 years.  Translation:  low sales = less jobs =less product sold =less product made =less production jobs =higher unemployment =more welfare =more government entitlement money.  Ugly picture.  THIS ARTICLE explains it all.

       U.S. Economy is in a shambles, Obama delusional, numbers don't lie

2/24/10:  When it comes to the economy, ordinary folks absolutely cannot rely on either the mainstream press or the Administration to get the truth about the current state of the economy.  The administration is either delusional, lying, or conniving (or any combination of the three) when it comes to their position regarding the true state of the economy and the main street media is right in their pocket to puppet the garbage they keep feeding us.  THIS ARTICLE offers some great insight into the real state of the economy as it now stands, and what it means with regards to the future.

          Tea Party power can play a huge role in solving the debt problem

2/24/10:  In THIS ARTICLE, the writer takes a good poke at the New York Times, and goes on to offer his opinion, a valid and well thought out one, on how the gridlock in Washington is actually a good thing, and plays right into the hands of the Tea Party movement, which could conceivably play a large role in solving the debt problem the country is currently facing.

                    It may be time to leave Citicorp folks...is it just them?

2/24/10:  This is one of those multiple link stories which will allow you to connect the dots.  Checking accounts are demand accounts, or so we have always thought.  Well, they still are, except at Citicorp.  Folks with Citicorp accounts are getting or have gotten a notice regarding their potential withdrawals which should cause quite a bit of alarm.  Read about it in THIS ARTICLE. 

Next, read THIS ARTICLE, which gives even more detail and background. 

Then, a real surprise comes along in THIS ARTICLE, we you will see that George Soros (the real string puller behind many of the puppets) is heavily involved among a group currently snatching up Citicorp shares.  Makes one wonder why doesn't it?

               Has the Golden State gone bust?  What states follow? Then what?

2/23/10:  It appears that California may well be bankrupt.  And, it appears, that there is pressure exerted NOT to talk about it as the Governors election starts to rev up.  There is a good summary in THIS ARTICLE of what is happening in the Golden State, and why.  All of which leads to the questions....what states will follow, and then what happens?  Certainly Wisconsin, most likely Florida, and Illinois are right on the edge.  Do states which become bankrupt become wards of the United States?  Hmmm.

                           Recovery Weak, despite massive spending--A Super DUH

2/20/10:  Well, duuuuhhhhhhh.....this is not news to the average American citizen.  What makes THIS ARTICLE particularly interesting, however, is that Odummy has conceded that point....something that most all of us ordinary Joes conceded long ago.  Maybe he is now playing the game of "Follow the Peons" instead of "follow the leader" because if he is just conceding the point now than he has either been too wrapped up in his own Obamababble or just really doesn't have a clue.  Oh, get a load of Biden's pontification at the end of the article..and remember when you read it that I have some swampland in Florida for sale. 

                         The Next Wave--Commercial Loan bubble is bursting

2/20/10:  Been saying it for many months....in fact since I first heard the Rick Santelli rant last year.  The rant was all about the home loan funny business that set off the current wave of economic disasters that the country is experiencing (and with it such little things as unemployment increases never experienced before, etc, etc.).  What have I been saying for so long....that if you thought the home mortgage and banking collapse was ugly, wait until the next one....the bursting of the Commercial Loan bubble.  Well, now you can read about it in THIS ARTICLE.

                  Pay no attention to the debt behind the curtain

2/20/10:  Are we really not unlike Greece here in America?  How long is the government going to hide from the public the true facts about the huge debt both Freddie Mac and Fannie Mae hold?  And, how long are they going to continue the charades of "fancy figuring" and "side mouthed mutterings" to try to keep that debt behind the curtain?  You see, if it were fully and honestly exposed, our national debt would be significantly worse than they are stating now (and hoping that the sheeple won't get it).  THIS ARTICLE tells it like it is.

               Obumbler beats FDR...in spending other peoples money

2/18/10:  I remember seeing a movie years ago in which the short little fat actor with somewhat of a New York accent talked a lot about OPM...other peoples money.  And his talk was all in the context of scamming.  Well now we have the Pretender in the Putrid Province on the Potomac who continues to perpetuate that scamming scheme full tilt....by paying for his/their misguided socialistic rights ending programs with OPM....in this case, ours, the tax payers.  THIS ARTICLE is a good take on how the scam is working, and at what expense as Obumbler keeps talking out of one side of his mouth and then continues to screw us through his use of OPM (ours) while continuing to reel this country into a debt pot we may never get out of.

                            Continuing along the road to Serfdom

2/16/10:  There is a cartoon on the jokes page, which shows the typical Odamna believer.  It also aptly applies to those who would read THIS ARTICLE and exclaim..."nah, it's not happening", or "it can't happen here".  It is my thought, shared openly many times, that it will be exactly those kind of folks who will be the most dangerous to humanity here in America when, in fact, the crap does hit the rotating blades.  The article offers some excellent insight into the current economic situation which is pointing all of its fingers toward this country indeed becoming a serfdom.  I have to add, for the sake of those who are smart enough to "get it"....once again, keep your pantries full and your powder dry.

       Social Security--the 3rd rail just shorted out, the train wreck is coming

2/16/10:  It's certainly been talked about enough....the weak financial condition of the social security system.  The red flags have been flying all over the place for quite some time.  Well, those red flags are in full blown position now, and the fat lady is starting to sign about the train wreck that is about to happen.  Social Security is now starting to pay out more than it is taking in....and you can bet your bippy that our government will keep on tappin' it's favorite honey pot for moolah just the same.  READ MORE.

                     Class War...How Public "Servants" became our masters

2/15/10:  Unionism in the public sector, many of us has always maintained, has been nothing but detrimental to productivity.  Here, most recently, we have seen very clearly how the huge numbers of unionized employees within the public sector has had dramatic and negative impacts on what has been going on in Washington.  In THIS ARTICLE, an excellent read, you will find much, much more food for fodder as regards to not only the subject of unionization within the public sector (ALL LEVELS), but how it is that same ever growing public sector which is helping to destroy the economy of this country in a very huge and alarming way.

                          A 3D Administration---Dance, Delay, Deceive 

2/12/10:  The Odamna Administration has it down pat...very, very pat.  They have taken lying to the American public to a new level in the form of what seems to work best for them, and conversly, work against the American public.  It is called being a 3-D Administration...Dance, Delay, and Deceive.  In THIS ARTICLE we see how, while by a 2 to 1 ratio the citizens want more drilling (yep, it produces revenue, jobs, all the good things the Administration has "talked" about), the Administration is doing all in it's power to "wish it would go away".  When viewing this article, keep in mind the information provided two articles below this one. 

                             Keep your pantry full, and your powder dry

2/12/10:  The picture out of Davos (Switzerland, where the World Economic Forum recently met) is bleak to say the least, according to THIS ARTICLE, and links within the article.  Our past has caught up with us, and the web is sprung, and with it, the end of an historical era seems most likely upon us.  Some will see it, others not.  Some will believe it, others not.  Some will prepare, most will not.  One thing links all into common ground....we will all feel the effects, and ugliness will prevail, methinks. 

                      So why the continued reliance on Foreign Oil??

2/11/10:  According to THIS ARTICLE there is an over abundance of oil (3 to 4 BILLION barrels of recoverable oil) in the Bakken Formation in North Dakota and Montana.  So, given that, why the continued heavy reliance on foreign oil?

    Say one thing, do exactly the opposite, and the economy will continue to suffer

2/5/10:  Following this brief comment are 3 links, each related to the budget and taxes.  The lame State of the Union message focused on boosting the economy (of which the middle working class comprises the bulk) and jobs creation.  Each of these links show how saying one thing isn't what really is.  The budget, as discussed in one link, will create problems as opposed to solving them, and the other two links talk about taxes planned which will likewise create issues among the working class.  Typical do as I say, not as I do. LINK HERE  LINK HERE and LINK HERE. 

                          The Government wants YOUR Retirement $$ (401k's, IRA's)

2/4/10:  If what is alluded to in THIS ARTICLE and supporting materials, a very quietly planned method of our government financing its debt (thank you Obumbler, et all), may end up with your 401K and IRA may well be in jeopardy.  And if so, this would be the most profound "Pearl Harbor" our government has ever foisted upon us.  Periodically I have heard dribbles about this "plan" or idea, and this is the first I have been able to get any pertinent information about it. 

                              U.S. Government Spending Graphs

2/3/10:  You want to kadoddle around with an interactive graph to find out all about government spending trends?  THIS INTERESTING LINK will provide you with literally hours of current economic information via an interactive graph which you can change criteria to get a good picture of our countries financial picture.

             Massive amounts of layoffs loom across the country

2/3/10:  Thanks to the stranglehold of UNIONS, cities like New York, Phoenix, California, etc. will be experiencing massive amounts of layoffs of public workers (firemen, teachers, and the like) in the coming months as reflected in THIS ARTICLE.  Which begs this comment.  Instead of spending more money in a government effort to "create jobs" in these already hard times (which most likely won't work), why not, in the face of even higher unemployment due to the layoffs as described above, simply start dealing with the real source of the problem..the unions?  Oh, stupid me.  Of course that won't be done.  Obumbler and the demonrats are in their pocket. 

                 You think Bush left us in bad shape....lookee here

2/1/10:  If you are young, you're going to pay.

            If you have kids and grandkids, they're going to pay.

            If you are old enough so you might go to glory in the next couple of years, you're lucky.

THIS ARTICLE offers an excellent overview (in graphs) of what the budget Obumbler just unveiled has in store...and it ain't pretty.  Hell, it's just money.

 

 

             What really fueled the economic crisis we are currently in?

2/1/10:  It was an electronic run on the banks that we have been told very little about, as outlined in THIS ARTICLE, which offers some very good insight into a situation that occurred on September 18th, 2008 at 11:00 AM.  Only folks of the Soros ilk could have pulled this one off, and one has to wonder what was behind it.  A very interesting read which includes some candid comments by those in the know.

                  What David ("R's") can and should do to Goliath (D's")

1/26/10:  To TOTALLY UNDERMINE and preempt the results of the next barrage of Obamababble (his upcoming Mistate of the Union), the Repbulicans (David) should cast but three small stones towards the demonrats (Goliath).  Those three stones would not only confound Goliath, but would make it nearly impossible for them to end up on the losing end of the slingshot, both in terms of getting meaningful legislation passed, but also in setting themselves (and conservatives) up for success in the 2010 election cycle.  It is so simple, even the caveman can understand this one.  Bets are off that Goliath will understand it.  THIS ARTICLE offers good insight.

                     The REAL stranglehold on the economy is the UNIONS

1/25/10:  What's NOT to get about that?  They did their time, and they did fine in their time, but now the whole union effort has been to increase it's stranglehold on politics, and the current administration (unlike The Gipper) and the demonrats are loving everything about it.  Taking on the unions should be one of the main focal points of the whole tea party movement.  Why...because of their huge impact on the free market system, because of their stranglehold on governments at all levels, and because of the threat they pose in becoming an even more vital part of this de-facto democracy we are experiencing presently.  Please read THIS ARTICLE.

                      Obumbler administration is financing Offshore Oil in Brazil

1/24/10:  Everyone's response to this should be "WTF!!!"  In THIS ARTICLE from the Wall Street Journal, we find that Obumbler is making cozy with Brazil by allocating several billions of OUR dollars for the drilling of offshore oil in Brazil.  It would appear that most of the oil, if not all, that comes from the drilling will go to CHINA!  Could the fact that George Soros is the largest shareholder in Petrobas (where the money is apparently going) have anything to do with this?  Recall all of the links between Soros and the Evil in the White House.

           Government employee scamming the system equals HUGE WASTE

1/23/10:  THIS ARTICLE sheds light on yet another segment of the systemic failure within our government...by explaining enormous waste (in the multi-millions of dollars) caused by continued and on-going scamming of the system by government employees (an ever growing number) who know that "audits" aren't really audits.  TAXES IN ACTION, and who is paying for it all?   Hmmmmm.

                       Barney Franks....love them, then leave them

1/23/10:  Like a kid in a candy shop with only one nickle, it seems that Barney Frank, through whose genius mind and scheming games helped bring the collapse of the economy by his unwillingness to listen to or pay attention to the warning signs of the huge problems at Freddie Mac and Fannie Mae, and his on-going love affair with them (another article on this site), NOW he is making noises about abolishing them and urging YET ANOTHER yet to be named government agency to TAKE OVER where they left off.  In THIS ARTICLE we get yet another glimpse into the power hungry mind of one of Congress's leading buffoons.

                         Fixing the economy (yea, right)...the fix is in

1/19/10:  Ok, so they create yet another panel to "fix the economy", but in doing so look at ONLY the existing problems, but NOT the root cause, then we are to take it that this panel will fix the economy.  Of course they will....especially since the panel is handpicked by those most responsible for  screwing it up in the first place. I've always called government "taxes in action", but this is more like "bad government in inaction."   More bold balderdash in THIS ARTICLE.

                            The Duke (John Wayne) always got it right

1/18/10:  'Ya ever notice how when The Duke answered a question, he always seemed to get it right?  If he were still here, I'm sure he'd still get it right with regards to this "new form" socializm we are having crammed down our throats.  GREAT ARTICLE HERE.

                                    Why Obama's economic plan won't work

1/17/10:  THIS ARTICLE offers some very good insight into the root causes of the generations long problems our economy is facing today, and why Obama's plan for recovery will never work.  Interestingly, it also offers a solution that most likely would work.  

                                            Obama,  the slow learner

1/16/10:  Saddled by an ideology and surrounded by folks of similar kind, the president continues on a crash course toward continued, and most likely increased unemployment, and continued downward movement in all other elements within the economic sphere, as shown in THIS well presented article.

                                You have to watch both of his hands

1/16/10:  Obama (and his economic team, most of whom are nitwits) is, in reality, quite similar to a good magician.  One has to look at BOTH of his hands.  One is spieling one thing while the other is actually performing the tricks....on our economy, as outlined in THIS ARTICLE.

                                    Turning up the heat in Washington

1/15/10:  Hooray for Illinois's own Lisa Madigan, who went to Washington to testify about bank lending practices and the mortgage industry.  She got it right.  READ ARTICLE HERE.

                       BANKS NOT FOLLOWING RULES, HOMEOWNERS SAY

1/15/10:  Homeowners are reporting that banks are not following the rules on loan modifications.  It is my own opinion that why should they?  By not following the rules they can not only screw the consumer (no surprise there), but also the government (no surprise there either).  And why not?  Just follow the money!  THE ARTICLE

                                                 THE NUMBERS GAME

1/15/10:  There is one thing the current administration does very, very well.  They are extremely adept at using the numbers game to their perceived advantage.  I'd bet that in any office of any person responsible for "numbers" there are signs hanging on the walls..."The numbers don't work?  Change them" or "It's just numbers" or "Number, number, on the wall, which will work best of all?"  IN THIS WSJ ARTICLE the numbers game is exposed.

                                WHERE POLITICS AND ECONOMY MEET

1/15/10:  When a political recession (we are obviously in one now and have been since January 2009) takes place, an economic recession is sure to follow....and we are seeing the results.  THIS ARTICLE explains just that.

                                             ARE WE STIMULATED YET?

1/15:10:    One definition for insanity is to continue to do the same thing in the same way and to expect different results.  Have the Spendulus acts (2008 and 2009) really worked?  Have they helped curb unemployment and spurred the economy?  THIS ARTICLE answers the question appropriatly, and raises some questions about the jaded insight of the administration.

Welcome To the Site, a We the People Site

Never have, and never will

Please check out this blog site

The blog site, Government Rape, is a hard hitting commentary (with links) which outline what is to come, may come, or is in the works as regards The Screwing of America. and provides the readers some serious food for thought as they ponder the future direction of our country.  Daily updates are posted by the blogster, Ordinary Joe, who hopes that readers will provide comments. 

 

 


New Posts Today

Posted 3/13:

The Pro Amnesty Parade of idiots is coming  IMMIGRATION PAGE

Amnesty Video  VIDEO PAGE

Possibly a home run article posted today on Governmentrape blogspot.  LINK BELOW ON THIS SIDE


Posted 3/12:

G. Edward Gibbons on the Federal Reserve System  VIDEO PAGE

What's up with Dubai?  TERRORISM PAGE

Update on Coffee Party  MAIN PAGE

Proof that education doesn't need government involvement  EDUCATION PAGE

Department of Education buying guns !!!   EDUCATION PAGE


Posted 3/11:

Rush on Massa/Rahm fiasco  VIDEO PAGE

Dick Armey/Freedomworks supporting amnesty?  VIDEO PAGE

36 States carrying a Silver Bullet?  HEALTH CARE PAGE

A Gitmo Deal with the Devil  TERRORISM PAGE


Posted 3/10:

Many "Pivots" result in Administration Divot   ECONOMY PAGE



Posted 3/9: 

Yet another battle front, and chips?  IMMIGRATION PAGE

The Naked Communist...then and now.  OTHER RELEVANT NEWS PAGE

One has to wonder why, and what's behind it.  IMMIGRATION PAGE

Are we being lulled by the sleeping dog?  DESTRUCTIVE LEGISLATION PAGE

The new "Coffee Party" is a wolf in lambs clothing..BEWARE  MAIN PAGE

Looks like they're in our wallets once again  ECONOMY PAGE


Posted 3/6:

Grade Owe-bama's first year as POTUS   OBUMBLER PAGE

Might an economic collapse be by design?  ECONOMY PAGE

Democrats=Corruptocrats  OTHER RELEVANT NEWS PAGE

A good argument to keep the flat tax  ILLINOIS PAGE

Government planted chips on the horizon?  DESTRUCTIVE LEGISLATION PAGE


Posted 3/5:

Administrators comment  TOP OF HOME PAGE

Soros manipulating the Euro.  Is the US next?  ECONOMY PAGE

Owe-bama, the enigma in the white house.  OBUMBLER PAGE

Stealth legislation will threaten free market health insurance  HEALTH CARE PAGE

The tipping point:  when, and what will it mean?  ECONOMY PAGE


Posted 3/4:

Typical Lame Stream Media  VIDEO PAGE

Undocumented democrats are killing our country.  IMMIGRATION PAGE

Barney Franks $4 Trillion gift to banks--a sell out by Corker (R-TN)  ECONOMICS PAGE

No crimes noted by Brookllyn, NY DA in ACORN tape?  Duhhhhh?  OTHER RELEVANT NEWS PAGE

China's military turning up the heat  MILITARY PAGE

Soros still at it, and he's spending big.  ECONOMY PAGE


Posted 3/3:

O administration considering halting all home foreclosures  ECONOMY PAGE

Now Owe-bama administration planning an enormous land grab?  OTHER RELEVANT NEWS PAGE


Posted 3/2

Massachusetts health care plan the prototype for Owebama's?  HEALTH CARE PAGE

Terrorism's new attack:  Econo-Jihad   TERRORISM PAGE

Reconciliation on health care an assault on constitutional process  HEALTH CARE PAGE

Excellent video of Congressman Rogers about health care...must see  VIDEO PAGE

Added into to States headed for the waterfall (3/1)  ECONOMY PAGE


Posted 3/1:

Soros continues to make lamb stew.   OTHER RELEVANT NEWS PAGE

States headed for the waterfall   ECONOMY PAGE

Kerry, Graham, and Lieberman's renewed Cap N Trade effort  DESTRUCTIVE LEGISLATION PAGE

Fannie Mae, the ultimate bloodsucker  ECONOMY PAGE

Another take on the Census issue  OTHER RELEVANT NEWS PAGE

The unions have clout (and money) to spare  ILLINOIS ITEMS PAGE

VIDEO on off-shore drilling  VIDEO PAGE


Posted 2/27:

A better way to invest in Education?  EDUCATION PAGE

Infantilized Illinois...a MUST READ  ILLINOIS ITEMS PAGE

What's a few more B's here and B's there...except they become T's  ECONOMY PAGE

Skunks, scum,  and sewer rat politics by the O-team  OBUMBLER PAGE

Indoctrination in our schools, political cancer  EDUCATION PAGE

No basis in Constitution for Federal Government to dabble in health care  VIDEO PAGE


Posted 2/26:

A Conundrum, the Evil Party vs the Awful Party  OTHER RELEVANT NEWS PAGE

Why are green jobs so great when they cost more jobs than they create?  ECONOMY PAGE

Gore, you got away with the internet thing but you boo-boo'd on Global Warming. GLOBAL WARMING/GREEN GOING GREEN PAGE

A couple of new videos on VIDEO PAGE

More on government takeover of savings  ECONOMY PAGE


Posted 2/25:

Update to Central Falls article...is Federalization of Education looming?  OTHER RELEVANT NEWS PAGE

Valerie Jarrett talks down to Tea Party folks  OTHER RELEVANT NEWS PAGE

John Brennan, Owe-bama's National Security Deputy, foots his mouth again  TERRORISM PAGE

Newest Corruption Report on Crook County, IL  ILLINOIS PAGE

House gives boost for Native Hawaiians to form own government  OTHER RELEVANT NEWS PAGE


Posted 2/24: 

Obumbler Science Czar involved in Climategate  GLOBAL WARMING/GOING GREEN PAGE

It may be time to leave Citicorp, folks...and is it just them?  ECONOMY PAGE

Tea Party power can play a huge roll in debt problem  ECONOMY PAGE

US economy in a shambles, Obama delusional, numbers don't lie  ECONOMY PAGE

Justice Department hires Gitmo sympathizing lawyers  TERRORISM PAGE

Chicago style politics, the Lipinsky way...a fat cat story  ILLINOIS PAGE

Some unpleasant truths about illegal immigration  IMMIGRATION PAGE

Does anybody know what the heck this is about?  RELEVANT NEWS PAGE

New home sales hit record low in January  ECONOMY PAGE

The great depression of 2011 and 2012  ECONOMY PAGE

Favorgate in Washington?  Why not, it worked in Illinois.  OBUMBLER PAGE

Chicago Sun Times carries water for the mob's favorite banker.  ILLINOIS ITEMS PAGE


Posted 2/23:

Has the Golden State gone bust?  What states are next?  Then what?  ECONOMY PAGE

Mortgage E-Verify Act would go after mortgage fraud (illegals).  IMMIGRATION PAGE

Odamna unveils he new health care plan--vote yes/no   HEALTH CARE PAGE

Obumbler risking a domestic military intervention?  MILITARY PAGE

US Census is getting waaaaaaay too personal  OTHER RELEVANT NEWS PAGE AND VIDEO PAGE

An updated comment and link on the Clinton/Carvill attack on the Tea Party movement OTHER RELEVANT NEWS

"Brilliant" ideas aren't always practical    GLOBAL WARMING/GOING GREEN PAGE


Posted 2/22:

Liberal Demonrats ready to launch Nuclear Option to pass health care

Odamna is NObody's Messiah now...from hero to zero


Posted 2/20:

Pay no attention to the debt behind the curtain

The Next Wave:  The Commercial Loan Bubble is Bursting

Central Falls (RI) planning to fire all high school teachers

Recovery Weak, despite massive spending--DUH!!

Two new events posted on the events page.

Will Obama NATIONALIZE US Pensions

Planning to fail.  As opposed to just being bullheaded and stupid

Health Care Summit conflicts with the US Constitution

Another Leftover from the Blago days must go

An example of how the global warming $cam benefit$ a few


Posted 2/18:

Obumbler beats FDR...at spending other peoples money

Clinton Plotting Tea Party Counter Attack


Posted 2/17:

More on exposing the fraud in the white house.

Unfunded liability of the State Pension System...thank you unions

More incompetence in the Putrid Province on the Potomac

Pay to play works well in the Obumbler Administration

Thank you General...a spade is a spade, terrorism is terrorism

Gun issue in Illinois--an ACTION ALERT item !!!!

At least someone wants to get rid of the brown cockroaches !


Posted 2/16:

Licenses for bloggers on the horizon?

Growing government, growing expenses--Via Odamna

Social Security--the 3rd rail just shorted out--the train wreck is coming

Continuing along the road to serfdom

Volunteer help needed for Putback Ammendment--Action Items page

Odummy appoints Muslim Envoy to meet with OUR ENEMY


Posted 2/15:

Class War....How Public "Servants" became our Masters

Martial Law....coming to a region near you

The U.S...Officially a Police State   **on video page**


Posted 2/12:

Keep your pantry full and your powder dry

A 3-D Administration...Dance, Delay, Deceive



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