Oct 302014
 

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The New American: “An illegal immigrant who was deported twice before returning to the United States has been accused of killing two Northern California sheriff’s officers in separate incidents on October 24.

A report in the Los Angeles Daily News noted that the illegal immigrant, Luis Monroy-Bracamontes, allegedly shot and killed Sacramento County Sheriff’s Deputy Danny Oliver in a Motel 6 parking lot. Shortly afterwards, Monroy-Bracamontes allegedly murdered Placer County Sheriff Detective Michael David Davis, Jr. The two shootings occurred within a six-hour time frame.

The New York Times reported that Monroy-Bracamontes was apprehended and booked in the Sacramento County jail, after which his fingerprints were used by federal immigration authorities to identify him. His record showed that he had entered the United States illegally from Mexico, was deported in 1997, and reentered this country and remained here illegally for more than a decade before being deported a second time in 2001. His illegal status was uncovered the first time after drug and weapon-related arrests. Despite those previous arrests and deportations, Monroy-Bracamontes came back and stayed until last week’s shootings and arrest.”

Opinion: On July 5, 2014 President Obama said “Don’t make it harder for the best and brightest to come here.

For new readers, it is important to know that my wife’s family came from Cuba. We are sensitive to the plight of people that escape dictators, oppression, or poverty and seek a better life for their families. And the United States is still the best country in the world in which to live.

But, granting  legal citizenship to people seeking a better life, is not what the president and his ideologues are up to. The president is flooding our economy by opening up the borders of the United States to any and all peoples regardless of criminal background, medical condition, or intent to work and provide for themselves.

Is there a better way to take America’s power?

 

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Oct 302014
 

Zero Hedge: “If, as Lacy Hunt (Hosington Investment Mgt.) explains “debt is an increase in current spending in lieu of future spending,” then we have some ‘un-spending’ to do…”

Opinion: Quantitative Easing (QE) officially ended yesterday at 2 PM with an announcement from Janet Yellen, Chairwoman of the Federal Reserve Bank. The Fed is comfortable that the US economy has sufficiently recovered so that stimulus (new money) is not needed any longer.

Baloney.

The US economy is addicted to Fed money with 4 trillion having been injected into the economy since 2008. Without the Fed’s massive bond-buying program, interest rates will slowly rise, making the US pay more to finance its ever growing debt.

If, or I should say when, the debt burden (interest payments) begins to increase the deficit, the Fed will be backed into a corner and be forced to come back with more stimulus.

By that time it may be too late.

The apocalyptic Black Horse scenario of Revelation 6:5-6 is still in the early stages but clearly in view.

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Oct 272014
 

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Zero Hedge: “Don’t let anybody tell you it’s corporations and businesses create jobs,” Clinton said.

“You know that old theory, ‘trickle-down economics,’” she continued. “That has been tried, that has failed. It has failed rather spectacularly.”

“You know, one of the things my husband says when people say ‘Well, what did you bring to Washington,’ he said, ‘Well, I brought arithmetic,’ Hillary said.

Opinion: So Hillary claims her husband brought math to Washington. Thanks to the duplicitous mainstream media and a financially and politically ignorant public it is still being said that Bill Clinton left office with the US national debt at zero.

Not true. During Bill’s presidency, the only wars were between the president and the women he groped. A Republican Congress, combined with an 8 year peace dividend, left the yearly deficit at zero – but the national debt was 5.5 trillion. Ol’ Bill does not bother to mention that math.

Thanks to our politicians, Bill included, the United States is the largest debtor nation on earth.

  • $17.9 trillion national debt
  • $98.3 trillion unfunded liabilities (approximate)
  • $116.2 trillion total

Now think about this, there are only $10.5 trillion dollars in existence, meaning there is virtually no way to pay off our debt. Hillary Clinton may have a similar problem that plagued her husband during his presidency and it has to do with the definition of is.

Lying.

Hillary’s famous quote in the early 1990’s when told that small business could not afford the gigantic price tag of HillaryCare was this:

If they could not afford it they should not be in business.

Paging Karl Marx …

 

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Oct 252014
 
Putin Warns Of Risk Of Major Conflict, Says Dollar Losing Reserve Currency Status

Zero Hedge: “Having been relatively quiet for a while, Russia’s leader Vladimir, speaking in Sochi (following meetings with Middle East crown princes who confirmed Russia as a key partner – “isolated”?), has unleashed his most aggressive statements with regard the failing world order: *PUTIN SAYS U.S. DOLLAR LOSING TRUST AS RESERVE CURRENCY *PUTIN: WORLD WITHOUT

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Oct 232014
 
Currency Wars Evolve with Goal of Inflation

Stratrisks: “Currency wars are back, though this time the goal is to steal inflation, not growth. Weak price growth is stifling economies from the euro region to Israel and Japan. Eight of the 10 currencies with the biggest forecasted declines through 2015 are from nations that are either in deflation or pursuing policies that weaken

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Oct 232014
 
Energy Cost Rise: A Pledge Obama (Unfortunately) Kept

Investors Business Daily Op-Ed: Inflation: “We’ve chastised President Obama many times for failing to live up to promises he made when running for the office. So in fairness, we want to credit him for fulfilling one of them: his pledge to raise energy costs. According to the Bureau of Labor Statistics, the energy price index

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Oct 102014
 
30 Year Auction Closes With Lowest Yield Since May 2013

Zero Hedge: “If yesterday’s 10 Year auction was very weak, despite the market reaction post the Fed minutes ramping the paper to highs not seen since last May, moments ago the Treasury concluded this week’s auctions by selling another $13 billion in the August 30-Year reopening, in another relatively weak issue, which priced at 3.74%,

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