Oct 232014
 

energy

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 has been higher than the overall Consumer Price Index since December 2010 — 46 straight months and counting.”

Opinion: The president waged a war on coal and fossil fuels. He wants 80 percent of U.S. electricity to come from renewable energy sources by 2035 and has already invested billions of taxpayer dollars, created more than 700 government programs, and populated his administration with environmental wackos and Wall Street bankers to ensure his success.

What is interesting is that if the recent drop in global oil prices continues, wind and solar energy sources will become even less attractive, making  skyrocketing energy prices even more ridiculous.

Share
Oct 162014
 

plungeZero Hedge: “The last time the stock market reached a fevered peak and began to wobble unexpectedly was August 2007. The proximate catalyst back then was the sudden recognition that the subprime mortgage problem was not contained at all, as Bernanke had proclaimed six months earlier. The evidence was the surprise announcement by the monster of the mortgage midway – Countrywide Financial – that it would be taking huge write-downs on its $200 billion balance sheet.”

Opinion: The stock market is the only place on earth that when it is holding a sale, people sell, instead of buy. There seems to be some panic going on and although I get that people love to buy stocks when they are going up, I have never understood why anyone would trust the new stock market (my name) that is being inflated with printed money.

That is new. Quantitative Easing (QE) began in 2008. That means that the US Treasury printed money to buy back its own debt so that interest rates would stay low.

Ironically, the Federal Reserve chose October, known as a month when famous crashes have happened, to end the money printing scheme.

It absolutely cannot end well. If the stock market keeps dropping, the Federal Reserve will undoubtedly begin another stimulus scheme, but probably under a different name.

They should call it the plunge protection team (PPT).

We are 3 weeks away from an election, and that means anything goes. Lies, deception, followed by more outright lies and deception are unfortunately the new world order … perilous times indeed.

We know who is in charge. We know where our real treasure is (Matthew 6:19-21), and He told us what to do ” Go and Make Disciples …” Matthew 28:19-20.

 

Share
Oct 072014
 
1500 Pastors Defy IRS, Preach on Social & Political Issues

The New American: “As Pastor Jim Garlow was finishing his sermon (Sunday) to 2,000 of the faithful at his Skyline Church east of San Diego, he exhorted them to oppose Republican Carl DeMaio, who is running for the House of Representatives. He is against DeMaio, not because he is a homosexual, but “because of his activism

[...]
Share
Oct 042014
 
Panetta Reveals Obama Ideology, Incompetence On Iraq

Investors Business Daily Op-Ed: “Making the right decision about U.S. troops in Iraq was one of the centerpieces of both of Obama’s presidential campaigns. The London Telegraph’s Tim Stanley in August even tweeted an Obama 2012 campaign ad entitled “The Choice On Iraq.” The caption under a photo of Obama and Vice President Biden read:

[...]
Share
Aug 272014
 
Did Qatar pay ransom for release of US journalist Peter Curtis?

The Telegraph: The sudden and unexplained release of the American photojournalist Peter Theo Curtis at the weekend has raised fresh questions about the role of Qatar in funding terrorism and broking the payment of multi-million dollar ransoms for western hostages held by Islamist terror groups in the Middle East. The US government and the Curtis

[...]
Share
n2 sh