Saturday, February 19, 2011

Pissing In The Ocean Part V- Serial Killers and Politicians Share Traits

Wow. Those crazy Republicans have shaved a whopping 62 billion out of this years budget in the House. Democrats have vowed death to the measure in the Senate. The war is on!

http://news.yahoo.com/s/nm/us_usa_budget

To give you an idea of how ridiculous this is- picture the latest 1.65 trillion budget shortfall projected for this year. That is 1,650 billion. Now do the division. The projected cuts amount to about 3.75% of that. There will be dancing in the streets! Our ship has come in! Easy street.

This is what happens when psychopathic administrations and their counterparts start believing their own lies about the health of the economy. That's when I love to drag out this bookmark. You'll love it. http://www.examiner.com/law-enforcement-in-national/serial-killers-and-politicians-share-traits

The Voices in My Head Have a Happy Tone

The story I'm about to tell you is true. It is one of those rare examples of human stupidity that just begged to be exploited. This is what happens when the big guys, the casino, screw up and the little guys stick a fork in them.

Several years ago, a friend of mine who is a true gambling professional- told me a story that I couldn't hardly believe. Each year, during the National Football League playoffs, casinos offer "futures" bets on each team in the playoffs. Those future bets have various payoffs depending on the "perceived" strength of the team as it enters the playoff and the teams opponents. Weak teams may get assigned odds of 9-1 or better, say Seattle this year. Strong teams, like Pittsburgh may get assigned low odds of 3-1. There are two ways to play those bets. You may make a bet for the team of your choice to win either the AFC or NFC title game or you may make a bet on your team to win the Super Bowl.

As the games are played and teams are eliminated, sports books adjust the odds of the remaining teams down immediately after a game is finished. They quit taking bets until new lines are put up. That is how it is supposed to work. However, my professional friend had noted that during the prior year, the casino had failed to do that. After the divisional games had been played last year he said, they had continued to take futures bets after the games had been finished without adjusting the odds down! At first I thought he was full of shit. He showed me 16,000 dollars cash and said watch and see. Sure enough, on Sunday evening , the two teams headed for the AFC Championship game- the Patriots and the Colts- remained on the board at +320 and +380- respectively. They had not adjusted the lines. That meant that all you had to do was bet an equal amount on both teams and you could not lose. A thousand bucks on the Patriots got you 3200 dollars or on the Colts it would make you 3800 dollars. Investing 1000 dollars on each team-knowing that you would lose 1000 dollars on the other team- left you with a net minimum profit of 1200 or 1800 if the Colts won.

The best part about this was the sheer sneakiness my friend employed. He must have made 30 bets. He kept circling through the line, betting 500 or 1000, on each team, trying not to draw attention to himself. Had he just gone up and plunked 8000 bucks on each team it would have drawn attention. Like I said, he was a professional. I scraped together all of the cash I could that day- about 2400 bucks- and did the same thing. I had a heavy hitter friend, a guy that always carries 100k, but I could not find him which was a shame. He nearly cried the next week when I told him about this. I told two other friends and here is the craziest part of this story.

They were not familiar with what I was talking about. They thought I was full of shit and they did not understand the futures bet. They did not make any bets. They were worried. I said the absolute worst thing that could happen is that the Gaming Commission might find out and declare "no bet" and our money would get refunded. But I doubted it. They usually landed on the gamblers side. One of them saw me cashing tickets the next week. I have to tell you- I find the whole thing ponderous- un fucking believable. In fact, to this day, I have often thought about human behavior. When somebody is given
a sure thing, why can't they just accept it? What is it about human nature that causes us to fear?

And yet in 2007, I had a drunken friend tell me the whole banking world was going to collapse. He called it the opportunity of a lifetime. Put options and shorts, piling it on, he even called Countrywide and Citibank- completely bankrupt. Fifty grand he said, would make a couple of million. In the money, out of the money puts- just continue to leverage up and roll them over as they go down. I didn't do it. He did.

So here we are in 2011. The FED cannot stop printing money. They have flown into a box canyon. If they stop printing and buying treasuries, only one thing can happen. Collapse. Nobody is buying our treasuries or our debt. There are no buyers. If they stop applying carb heat to the stock and bond markets, he who panics and flees first- panics best. The only safe haven for your money is in commodities like oil. Physical silver and gold. It is an absolute no brainer. You can't miss. The only thing to fear, is our government undergoing monumental and sweeping reform- slashing government and debt to the bone. If they had the balls to do that, I would find the exits. I am betting they have no balls.

Listen to the voices inside my head. They are happy. I will leave you with a snip from Harvey Organs blog this a.m.

The huge rise in silver price has caught the silver bankers totally offside on the silver banking.  The BIS data released in November  (www.goldexsextant.com) shows that the G 10 bankers have collectively sold forwards and swaps to the tune of 4 billion oz and short naked calls for another 3 billion oz.  The total, 7 billion oz represents  10 years of production.  If you just do the forwards, then it is 7 years of annual silver production.  Let us say the average cost of acquiring these derivatives and forwards equate to $15.00 for silver. Thus collectively the entire G10 bankers are feeling massive pain  (losses) to the tune of:

7 billion oz of silver( 32.30-12.00)  =  7 billion x $17.30 =  121.1 billion dollars of losses.

This is in a market of only 14 billion dollars. It begs the question to what economic need was this done.This is still off balance sheet.
If you include only the forwards or swaps (the lending of actual metal to which nothing has come back yet) then the losses are:
4 billion x 17.30 or  69 billion dollars.

Regardless how you look at it, the bankers are in serious trouble with this huge rise in silver prices. I hope you understand the severity of the situation.

Friday, February 18, 2011

The End Game- The Lesson of Box Canyon

Pilots. I come from a family that enjoys flying. I'd like to explain our economy and our nation via a tragedy and thus a metaphor, an incident that happened many years ago.

In the mountains where I live, underpowered or low performance aircraft are shunned. Flying in and around mountains at oxygen depleted levels is hazardous. Altitude, freezing temperatures, and mountainous terrain can facilitate and conspire if an unwary pilot gets careless. Several years ago, a friend of mine and his best friend decided to scout for elk the expeditious way, by airplane. He had an underpowered, two seat airplane. It was a cold drizzly day in early October. The plane was only rated a carrying capacity of about 450 pounds. My friend with his friend weighed a little more than that. They carried additional cargo that probably brought the weight beyond maximum limits by at least 150 pounds. They had a full tank of fuel.

On that particular day- these two men took off from an airport on level terrain with decent weather. They traveled about 100 miles to the northwest. As they approached mountainous terrain in central Idaho, the weather grew much colder. Flying at an altitude of about 9000 feet my friend banked into a canyon area. It was at approximately that point in time when the two encountered weather cold enough to cause the carburetor to sputter and lose power. They had been flying too low to begin with and lost additional altitude as they banked into a box canyon. The canyon consisted of three nearly vertical (very steep) walls complete with shale slides and dotted with pine trees. There was no way out and no time to think. Lacking the throttle or performance to climb out and having lost altitude on the bank and with carb problems, my friend had done the only thing he could do. He aimed for the lowest point in that canyon and tried to climb out. They found the plane, two men deceased, about 50 feet from the top. The carb heat had been switched on.

As I discussed what had most likely happened that day, a scenario emerged. When things go bad, it is not one or two things that go bad, there is a definable series of mistakes that occur prior to any horrific event. NTSB will tell you, time and time again- almost every crash is due to pilot error. I say errors, because there is usually a boatload of errors, some even add mechanical failures. A plane that is under powered, overweight, encountering freezing temperatures, flying too low. A pilot unfamiliar with the terrain who enters a box canyon with no bailout. Little time to think, just seconds before the walls arrive. Not even a chance to level it out on a slope and take your chances.

This is the situation our government finds itself in. They have flown us into a box canyon. A series of mistakes and expenditures, poor policies and decisions, that stretch over nearly a century- have now painted our very own economic box canyon. Bernanke and the FED flipped the carb heat  on but that isn't enough to save us. We need altitude fast. There is only one way out of this mess. They must hit the throttle hard and jettison all weight (debt). This President and this Congress are going to have to immediately cut every program. Social Security, Medicare, discretionary items, eliminate complete bureaucracies. Everything gets placed on the table. One by one every program gets slashed and burned. Get that weight off the plane now. Millions will howl, scream, and cry in protest. We need project development and a plan that brings American Corporations back home. An end to the FED. An exit strategy. The pilots are going to get voted out of office as a consequence. That's a fact they'll need to accept. But they will live. We will all live.

There is no rosy scenario, no soft landing, no way out. Deal with the debt problem hard and fast now- and we will all survive. Pursue the spineless and selfish near term preservation tactics of those pilots that have preceded you- and we will all surely find ourselves smoldering on a rock wall.

More Government Screw Ups, IRS Over Pays Wisconsin's Ambac 700 Million, Now Suing To Get it Back

I know, it's chump change.

In addition to giving millions away to prison inmates, and sending tax refunds to dead people, and suing people over Medicare fraud, now the government is suing for 700 million they over paid Ambac- a BOND INSURER in Wisconsin.

Sue Arizona. Sue Ambac and by default now- Wisconsin bond holders because they can't manage money. We may need a new "sue all the states Czar." Maybe a whole new branch of government to police all of their own screw ups. 

How can any individual, even a hard core nanny leftist, think that this government could manage a national health plan? These bastards can't find their own ass with two hands in a well lit room. 

http://www.bondbuyer.com/issues/120_31/irs_audit_ambac-1023276-1.html

The Silver rally is ON! Stand for Delivery!

The Chicago Mercantile Exchange is hiking margin rates in a vain attempt to help the USG's favorite hedge fund, JP Morgan. It is having little or no effect on silver demand.

Jamie Dimon, JP Morgan and FED chief- heir apparent took down a cool 17 million in salary last year. I would love nothing other than to see a JPM implosion as silver shorts get slaughtered. You can bet your ass all kinds of little phone calls are taking place around the Morgue today.

I would love nothing more than to see at least 10k contracts stand for delivery at the end of this month. That's probably just a fantasy. There are 58,000 contracts outstanding and we will get the numbers tonite.

Silver up a buck at 32.79. I am putting on my tin foil hat and channeling positive energy.

Thursday, February 17, 2011

Why Isn't Wall Street in Jail?

If you have a few extra minutes, you should try and read this. I read it a few days ago, it is a 30 minute read. I think it will give you the size, scope, and widespread corruption that is Wall St. In addition, you can see just how useless government enforcement truly is. Completely co-opted and corrupt. By Rolling Stone, at the link: http://www.rollingstone.com/politics/news/why-isnt-wall-street-in-jail-20110216

I had to snip one little piece. Remember Obama saying, "We aren't going to look back, we are going to move forward" right after he took office? Maybe this had something to do with that.

As for President Obama, what is there to be said? Goldman Sachs was his number-one private campaign contributor. He put a Citigroup executive in charge of his economic transition team, and he just named an executive of JP Morgan Chase, the proud owner of $7.7 million in Chase stock, his new chief of staff. "The betrayal that this represents by Obama to everybody is just — we're not ready to believe it," says Budde, a classmate of the president from their Columbia days. "He's really fucking us over like that? Really? That's really a JP Morgan guy, really?"

More Government Efficiency- Medicare Fraud

Hey let's create a program, administer it poorly, invite fraud, corruption, and greed- and then spend even more money investigating and charging people.

What a spectacular news day. It's like an implosion, it just doesn't stop. http://news.yahoo.com/s/ap/20110217/ap_on_bi_ge/us_medicare_fraud_bust

Wisconsin Public Unions and Employees Want Their Largesse

As a young man, public unions were illegal. There was a reason for that. When people are used to getting handouts, it's tough taking them away. Austerity, coming to a theater near you. Obama is siding with the unions, therefore predictably and logically, I must side against the rock of leadership. Video of Mad Town. Been there many times. Be sure and read the comments under the video, that's the mentality. Precious.

My Optimism Is Finally Starting to Pay Off

Never under estimate the United States Government or their private hedge fund, JP Morgan.

This chart and the following comments say it all. Thank gawd for ZeroHedge, my online psychiatrist.
http://www.zerohedge.com/article/what-wrong-chart#comment-972796

Even though I have had to climb a wall of worry as I busily set about the business of buying physical gold and silver, I remain resolute. So resolute in fact, that I am going to continue to buy silver until such day that Blythe Masters, the great commodity manipulator and architect of our collapse, is forced to get a job with a small mining outfit driving ore trucks.

The government and their ability to fuck up anything that they touch, is the cornerstone of my optimistic attitude. Keep printing Ben, I have nothing but the utmost confidence in that M.I.T. degree of yours. For some odd reason- this classic clip comes to mind.

Remember This Young Lefties, Righties Too

We Have a Winner!!! YEE HAW!!!

I have been looking for the crappiest writing of the week and I found it in a headline! Folks, it does not get any better than that.

Think military intelligence, jumbo shrimp, and government work when you read this. From Yahoo! With love: Unemployment rises despite recovery

Inmates Receive 39 Million From Frankenstein Government, Just Wait Until They Are Running Healthcare

The devil is always in the details. From Detroit. Government efficiency, confidence inspiring. In addition to subsidizing prison inmate food, shelter, and health care costs- we give them some spending money for dope.

http://www.freep.com/article/20110216/NEWS07/102160461/Cheating-IRS-nets-inmates-39-million

The Irish Catch On, Let's Try That Ponzi Shit That America is Doing

The poor Irish. When you are broke, you have zero money. What happens when you are worse off than that? When you owe hundreds of billions? Enter the ponzi. Make your own money, American style.

http://www.zerohedge.com/article/paddy-meet-ponzi-irish-banks-lend-billions-each-other-use-ecb-collateral

He Who Panics First, Panics Best

With only 6 days to go in February trading, silver futures for delivery are at extremely high levels. Usually these contracts are settled in cash and rolled into subsequent months, but this time there appears to be a little panic.

If you have been shorting and manipulating silver, like the banks habitually do, you got a problem. If option contract holders stand for delivery- you are going to have to come up with the actual physical metal. Now in a normal functioning market, this would not be a problem. But in this market, there are far more option contracts trading than there is underlying actual-physical silver.

That's a problem. You've been making a bet that your ass can't cash. The fundamentals for silver are very strong. In fact, silver is the most efficient conduit for energy. It is used in a wide variety of industrial applications but most notably, solar panels. That and inflation is literally eating peoples' lunch. The Chinese and India are getting their asses kicked. Working for slave wages means you don't have a bunch of extra dough to buy food. The Chinese can only hedge that loss with precious metals. This is something they've been doing for centuries. There are 3 billion potential buyers in that area of the world.

I have been steadily buying strictly for inflation reasons. Today, silver is hitting a 30 year high. Held artificially low by bankers for three decades, it appears the dam is about to burst. Of the total outstanding contracts remaining for March delivery, about 60,000, if just 9000 or so are left standing in six days, I'm not sure how banks are going to fulfill their obligations. It will completely wipe out what reserves they allegedly have.

Yesterday, I added some gold and silver. I told the guy that I couldn't believe they were still exchanging precious metal for paper. I thanked him. He just smiled.

Sticking it to JP Morgan, the United States Governments' personal hedge fund, is reason enough to buy. I'd do it on that reason alone even if it meant silver becoming worthless was a possibility. I'll leave you with a snip from one of my favorite blogs...http://harveyorgan.blogspot.com/

The total silver open interest remained relatively stable today losing only 352 contracts from yesterday's reading.  Today's OI came in at 147,113 and yesterday the level was 147,465.  This high OI is of great concern to our bankers.  The February options expiry month saw its OI drop from 121 to 88 for a loss of 33 contracts.  We had 37 deliveries yesterday so all of the decline was in the deliveries with a few more standing for delivery.  The whole world has eyes on this next data: the front month of March.  The open interest for the front month of March saw the OI move marginally down from 61,720 to 59,851 for a loss of 1869 contracts.
With the front month of March going off the board, I believe next Wednesday along with the options to buy a futures contract, this is certainly not good news for the bankers.  They need a much higher fall or rollover of the March silver in May.  Get a load of this next data: the estimated volume today was a monstrous 93,144 contracts with no evidence of rolling.  The confirmed volume yesterday was pretty good at 57,703.
It looks like some of the bankers decided to lighten up on their shorts.  JPMorgan et al still decided to provide the massive un-backed paper silver.

Wednesday, February 16, 2011

How To Intrepret Bureau of Labor Stats For Dummies Like Me

The producer price index for goods rose 0.8 and is on track to go up 5% annually. This number is a little harder to manipulate than tomorrows "Consumer Price Index."

So, today I clicked on the Bureau's website. I read this government legalese and I clipped it. Rather than you getting an aneurysm trying to read it, allow me to interpret it for you.

We are from the government. We are going to try to rig a new method of calculating CPI so that we can manipulate the numbers because we all know that telling the unvarnished truth pisses you little saps off- and that in turn angers our political bosses and the FED. We should all just try to get along. For the stubborn.


Announcement

  • New BLS Report series: Focus on Prices and Spending
  • PPI Introduces Experimental Aggregation System
  • On February 14, 2011, the Producer Price Index (PPI) of the Bureau of Labor Statistics (BLS) is introducing an Experimental Aggregation system. This Experimental Aggregation system takes advantage of PPI’s expansion of coverage over the last twenty years to include portions of the services and construction sectors by combining indexes for those sectors with the currently highlighted goods sector indexes. This new system is a model that greatly expands PPI coverage of the United States economy. A webpage describing this new aggregation system will be added to the BLS Website. It includes links to methodological documentation, relative importance figure tables, and instructions for accessing historical data from the BLS Website. This webpage will be located at www.bls.gov/ppi/experimentalaggregation.htm . In addition, effective with the release of data for January 2011, the Experimental Aggregation indexes will be published in tables 10 through 15 of the monthly PPI Detailed Report. (See http://www.bls.gov/ppi/ppi_dr.htm.) Since this new aggregation system is experimental, PPI is soliciting feedback from users with respect to methodology and data. To provide feedback, contact Jonathan Weinhagen by email at weinhagen.jonathan@bls.gov or by phone at (202) 691-7709. Further information also is available from the PPI Section of Index Analysis and Public Information, at ppi-info@bls.gov or (202) 691-7705.

Issa Hints at Justice, Expect All Hell to Break Loose, Run on Whitewash Coming

For three or four years, I have been screaming about that crooked bastard Angelo Mozilo- and his private slush fund at Countrywide. That Mozilo used that slush fund, "The Friends of Angelo" to grease the mortgage desires of Chris Dodd and Kent Conrad (N.D.) is well known. The details of how many loans to crooked politicians nor the terms have ever been disclosed.

Check this out:http://www.zerohedge.com/article/chriss-dodd-crackdown-darrell-issa-issues-subpoena-demanding-intimate-secrets-all-friends-an#comment-968339

Expect every crooked and co-opted politician to go ape shit. Call lawyers, counter allegations. Mark your calendars Mar. 7. We'll see what happens between now and then. If you stand up, and turn your head toward Bank of America, you can almost hear those shredders howling.

History Will Condemn Us! No Shit, Sherlock

Kent Conrad says history will condemn us if we don't deal with the debt. When I see Conrad, I think of that sweet little mortgage he got from Countrywide crook, Angelo Mozilo. I suppose even a blind squirrel finds an acorn now and then.

http://money.cnn.com/2011/02/16/news/economy/obama_budget_conrad/index.htm

Fun Filled Fact Finding- Obama's Dysfunctional Childhood Raises More Questions Than Answers

Last night while researching Obama yet again, I snipped a photo of Obama allegedly taken in 1971 shortly after his arrival back in the United States.

I kept staring at that photo thinking this is the biggest freshly minted 10 year old I have ever seen. I mean the dude is one month older than 9! Maybe it's the camera angle, or maybe his mom was a shrimp, I just couldn't stop staring at it. I am taller than Obama, but I wasn't that tall at 9 or 10.

Then I read under Indonesian law, you can attend school only as a citizen and you could only become an adopted citizen if you were under the age of 5. I guess that includes 5. I am not sure the math pencils out. Obama would have been 5 up until Aug of 67.  I think the whole Lolo Soetoro adoption to get Obama into school in Indonesia is fascinating. Because I don't think Obama was 5 or under when that happened. More on that in a bit.

Here's where it gets interesting. I input his mother's birthday, 11/29/42. I subtract 9 months from Obama's birthday of Aug. 4, 1961.

I used Nov. 4 as the input date. Provided it was a normal term pregnancy, Obama was conceived when his mother was still only 17. She would not turn eighteen until 3-4 weeks later!

Ok, so she was under the age of consent. Not the crime of the century. Maybe statutory rape. So then I clip this piece from wiki: .[15][16] At the age of 23, Obama had come to Hawaii to pursue his education, leaving behind a pregnant wife and infant son in his home town of Nyang’oma Kogelo in Kenya. Dunham and Obama were married on the Hawaiian island of Maui on February 2, 1961, despite parental opposition from both families.

So dad as it turns out, in addition to a fondness for young chicks, Barack Sr. was already married and left a pregnant wife and infant son in Kenya! Ok, statutory rape and polygamy. Not the man of the year.

Here is a photo of Barack that wiki claims was taken in 1971.


Pay attention to young Maya in the first photo. The dating of this photo is accurate. Obama would be 9 here. Now look at the second photo-purportedly taken later that year.


Obama has just turned 10. Check out Maya. They claim this photo was taken the same year, 1971, as the first one. (above) Clearly that is bullshit. 

http://upload.wikimedia.org/wikipedia/en/3/33/Ann_Dunham_with_father_and_children.jpg

Last but not least. Wiki says this is the "mid 70s" Note Maya. Same style shoes, but different. The dates on the 2nd two photos are BS.

So let's check up on Maya. Dr. Maya Kassandra Soetoro-Ng (pronounced /ˈmaɪ.ə suːˈtɔəroʊ ˈɪŋ/;[1] born August 15, 1970 in Jakarta, Indonesia[2]) is the maternal half-sister of Barack Obama, the 44th and current President of the United States. She was previously a high school history teacher[3] and university instructor in Hawaii.



Here she is at 40. Kind of a hottie. Thinking I could dig her as Prez. Things to like.

The OFFICIAL SUMMARY OF OBAMA FUN RESEARCH

Obama Sr was a cradle robber, stat rapist, adulterer, polygamist, or combination of all four. He died in a car wreck in his 40's. Stanley Anne Dunham was kind of a drifter and a searcher. If you marry someone you know is married- is that a crime? Obama's mother claims Barack Sr. lied- which is possible- she found out later he was still married to his other wife. We will never know. She died in her early 50's.

Obama Sr was reportedly abusive and an alcoholic in addition to all of his other fine qualities. He had a series of 3 or 4 serious car accidents that left him sort of crippled. The last wreck took his life.

Here's another fascinating snip only as it pertains to Obama's age requirement for adoption and entry in Indonesian schools prior to age 5. -After the marriage failed, a 6-year-old Obama left Hawaii to spend four years in Indonesia with his mother and Indonesian stepfather, Lolo Soetoro. In 1971, Obama's mother sent him back to Honolulu to stay with his maternal grandparents.

That snip just flat out states Obama is 6! Too late for Indonesian adoption. So WTF?

The first photo posted I believe is accurate. Maya was born in Aug. of 70. I think that photo was about circa early 1971. I am calling bullshit on the second photo. That photo looks circa somewhere in '72 or '73, thanks to Maya. The last photo looks younger than the previous one.

Every online entry claims Obama came back to Hawaii in mid 1971. He would have been 9 until Aug of 1971. He doesn't look nine in that photo. Maya does not look less than a year old. Yet this is what it says on Barack Senior's  wiki entry: Obama Sr.'s son, Barack Obama II, moved back to Hawaii to live with his maternal grandparents, Stanley and Madelyn Dunham, in Apt. 1206 in the Punahou Circle Apartments at 1617 S. Beretania Street in Honolulu, to attend Punahou School starting in 5th grade.[26][50]

Getting to the point. I am not a birther guy. I think Obama was most likely born here. It makes sense that dad was a deadbeat and mom would want to have him in Hawaii where her parents were. So why all the mystery about the long form birth certificate? I think that has everything to do with Barack's age and the fact that he was "adopted" at "age 5" to get him into an Indonesian school. I don't think he was 5. I think he was at least age 6 just like the snip above states. What kind of birth certificate games did they have to play? What did they show Indonesia? (I tried to read the cryptogram admission thing on Snopes but it's in Swahili or some shit and I couldn't enlarge it.) What about missing passports? That would certainly prove where we was and at what age.

That Obama had a dysfunctional childhood is a given. Read abandonment issues. Read identity issues. In fact, had it not been for Lolo Soetoro and that whole adoption thing, Obama might not have had any God in his life. His natural parents were both atheist.

So where is Lolo Soetoro? Well, like everyone else, he's dead too.

I think Obama is hiding something else...here is my Frankenstein Government swag- silly wild ass guesses. His father was a Muslim (turned atheist) and that is on the b/c, or (b) there is other data on there that is inaccurate or conflicting with other known facts or (c) his parents were not married or (d) his grandmother was actually his mother. Relax, I was just kidding about the first one.

Every time I dig into this dude, it's like a Rubik's Cube. Nothing ever makes sense because somebody doesn't want it to make sense. This is what happens when they let old cops with too much time- have computers. 

Tuesday, February 15, 2011

Barry Soetoro, This Is How It Was For Us

President Obama, you missed everything but this song and the end of the war. This was the fabric that defined our culture. We had a war going on but you missed most of that in Indonesia. This was how it was for us, we were insiders, and our fear and loss bound us together. Some of our friends and family died but that probably didn't effect you. Our country was a little fucked up, but we still believed in it. Natural born or not, on the ground from Jakarta (prob 1972, see photo) just in time to hear this tune but not really feel this tune, I'll always just see you as an outsider. Sorry.




Obama in Hawaii with Maya and Ann and maternal grand-father, shortly after leaving Indonesia. In this photo- purportedly shot in Sept. 1971, Obama had just turned 10. Half sister Maya was born in Aug. of 1970. She would be 13 months old in this photo. Are you buying that shit? Nada. This photo is at least circa '72 if not early '73. Obama looks at least 11 here. (Please see Obama Fun Fact Finding)

FBI Say Chances of WMD Attack 100%

Wow. How thought provoking. Is this supposed to scare us into sparing the 4% budget hike- and subsequent cut- that the FBI had asked for?

Frankenstein Government issues the following opinion. The chances of your death are 100%. All we are really talking about here is method of delivery and timing. Semantics.

http://www.newsmax.com/Headline/zawahiri-weapons-mass-destruction/2011/02/14/id/386055?s=al&promo_code=BAC8-1

Take the Frankenstein Government Gold Challenge!

I enjoy putting my money where my mouth is.

I will wager one "large" with anyone on the following proposition. Here's your side. I will give you a fantasy 30,000 dollars to invest in any available savings account in the U.S. today. You provide the name of the banking institution and I verify the savings account A.P.R.

I will buy one ounce of gold today at the closing price PLUS the 50 dollar price over spot for a total of 1424.00 invested. 

Four months from today, Jun 15, we will see who makes the most money. My 1400 dollar investment or your mythical 30k. I will even do this. I will not sell the oz. of gold on any date prior to Jun 15 even if the price reaches a level where you cannot possibly catch up.

Any takers?

Stop, Thief!

I swiped this job from ZeroHedge. Artwork by William Banzai7. Pretty much sums up political and economic thinking. Excellent.


FR

Obama Asks, "Is That Who We Are?"

Each and every time I hear Obama talk about budget cuts- he talks about "tough choices." He loves to use the rhetorical phrase, "Is that who we are?" when he talks about these things. He said that again in today's speech.

Let me explain "Who we are."

We are debt slaves at this point. It doesn't matter anymore- this question of, "Who we are or what we believe in." It is irrelevant. You see, we can believe passionately in any number of things, health care for the elderly and poor, social programs, wars, left or right belief systems. All of that shit gets tossed out when you can't pay for it. It's that simple and anything else is wishful thinking. That is the harsh reality.

Obama still hasn't figured out that the rats left the ship before he climbed aboard.

Just once, I'd like to respond to Obama's rhetorical question, "It doesn't fucking matter who we are." Capiche?

The American Dream-You Have To Be Asleep To Believe It

A few years ago, I embarked on a discussion with a guy who denied the existence of class warfare. There is no such thing, he said. He said that was just some make believe excuse for losers like me who couldn't penetrate the glass ceiling.

I am not sure what's worse. Being called a racist or a loser- but I lean heavily toward the latter.

We've all seen the charts and tables. The top 10% pay 90% of the taxes or some shit like that. Big deal. You see the reality of that is simple. The rest of us don't have any fucking money to pay anything.

Of all the reasons I hate the Bush-Clinton-Bush-Obama era is that all of these pricks were elite. And they made damn sure they took care of their elite friends. You think that immigration thing was a fluke, don't you? Ignoring immigration was just importing cheap labor. That was done on purpose. Immigration budgets were slashed, long before we had a budget crisis. Ya' can't enforce immigration laws without personnel. Servants for the rich. Enlarged margins. Cash payments for salary.

The reason we don't talk about class warfare is simple. The folks that benefited the most, the elite and their wannabe pals, are the ones that are telling you class warfare is a fairy tale. You believe that shit if you want. The facts state otherwise. You are watching the politicians squirm now and they will run this fucking country into the ground before they piss off their masters. Thus Obama caved on letting those tax cuts expire. You can't get re-elected if you piss off the elite check writers. Of course, nobody said it better than Carlin.

Monday, February 14, 2011

Unstoppable, Economic Train Wreck Headed for the Station

The budget cuts are laughable. In fact, we are in seriously deep shit.

I have been writing on here for three years. THE TWO PARTY SYSTEM, AS IT EXISTS, IS AN EPIC FAILURE. What will it take? My guess is complete and utter economic destruction.

And you know what? There will be the idiots on the left, and the idiots on the right, still arguing over who's fault it is or was. I saw all three of the events last week that are described in the following AT article. I was in absolute awe that the MSM did not even take notice or in effect, performed surgery- only removing the good parts for human consumption. Only ZeroHedge reported it accurately. Please read this piece at American Thinker. http://www.americanthinker.com/2011/02/a_tipping_point_is_nearing.html If you have time, please click on the link in the previous blog.

The western rifle shooter featured the same article with like minded commentary. http://westernrifleshooters.blogspot.com/2011/02/tipping-point-is-nearing.html

Obama created this committee to recommend cuts. They did their work and then Obama ignored all of their recommendations. Ass frosting here: http://politics.blogs.foxnews.com/2011/02/14/notably-absent-obamas-budget-deficit-commission-recommendations

Columbia Economist Recognizes Frankenstein Government

Sachs tells the truth. States both parties are enriching the elite, hosing the poor. No kidding. About 8 mins. at the link. Embedding disabled. http://www.youtube.com/watch?v=bCPz2SzROFQ

Obama "Furious" at Hillary?

Seems the only time I see real passion from Obama is when somebody is pissing him off. Linkeration. http://www.newsmax.com/InsideCover/obama-clinton-egypt-policy/2011/02/13/id/385923?s=al&promo_code=BA98-1

More Pissing in the Ocean Part IV

I am getting a fucking headache looking at all of these ridiculous budget cuts. Here is Obama's big "plan." You'd think he was hacking off a leg or something to read the CNN spin.

A trillion in 10 years? Big whoop. That covers about 1/2 of the interest on our existing debt now if we didn't add to it and interest rates remain where they are. If you think that is gonna happen, I got some ocean front property in North Dakota to sell ya.

In local government, I used to see these stupid cost reductions projected out 10 years. Let me tell you how that works. Subsequent administrations and governing bodies do not have to adhere to them nor are they bound by them. Politicians just bloat the budget somewhere else.

http://money.cnn.com/2011/02/14/news/economy/obama_budget_spending_cuts/index.htm

Arrgghh...More Vitriol From the Left, Right, and Nationalistas

Do you remember how many times Reagan ran for President and lost? I do. What that means is that a majority of Americans were wrong about the guy up until that point when they finally elected him.

He was a decent man and far from perfect. Finally, we saw fit to elect him in his 70's. I think most people would agree that he was a pretty good man and a decent leader.

I have a friend who was detailed to Reagan's personal security in California. He maintained that Reagan might have even been a better guy... than most people give him credit for.

Shit, I am going to have to stand my ground against the anti-Paul herd. Not that I am looking for a fight, some vitriolic comments, or a little isolation...but because I think he is a good guy, a straight shooter, and worthy of a little decency. I wonder... had the internet been around in Reagan's time, what kind of garbage I would have read about him. Ponderous. 

I've made my Paul case many times. I don't apologize nor do I claim he is perfect. If any of you find the perfect human being, please let me know. I'll be glad to write about him.

Sunday, February 13, 2011

In Defense of Ron Paul

It is no mystery that I am an avid Ron Paul supporter. So as I read the latest "rush to judgment" complete with all of the labeling and derogatory talk- rather than argue along skirmish lines in various comment boxes- I thought I'd make my presence felt here. So what happened?

Let's start with the "Young Americans for Freedom" and their site. The YAF has decided to "purge" Ron Paul from their advisory board.  http://www.yaf.com/blog_post/show/57

Some more vitriol here: http://www.chicagonow.com/blogs/publius-forum/2011/02/cpac-2011-ron-pauls-last-straw-with-yaf-time-for-paulies-to-grow-up.html

At issue here, is that apparently Ron Paul does not see a need to bomb everyone back to the stone age. This is a complex issue that involves more than nationalistic philosophy. It involves life, death, gobs of money, and interestingly enough, core values and party tenets. There are a whole host of mitigating circumstances that are involved in anyone's rendered opinions and beliefs. Sometimes, if given the opportunity- what doesn't make sense at first blush makes perfect sense after an explanation is offered. Sometimes, we even change our minds completely. Churchill once said, "I reserve the right to change my mind just as often as the facts change." I've tried it and it works.

So Ron Paul doesn't think we should fight every war? Forgive me if I don't think that's particularly egregious. So Ron Paul thinks that maybe we are partly to blame for the mideast's hatred of the west? Everything we've done there is God approved? Let's just kill critical thought and bury it now. We have no need to self examine or practice rigorous honesty for any of our deeds. The crooked Shah, Bin Laden, WMD's, invasions, killing a few thousand innocents here or there, extorting oil. And some guy has the audacity to question whether we should be doing things like that? I'll tell you how nuts I am, that actually sounds like responsible thinking to me.

Paul's statements border on treason? Has the YAF completely left the rails? Also clipped from the site: Young Americans for Freedom is the nation’s oldest, largest, and most active conservative - libertarian youth organization. The key word there is libertarian.

Let's start with the basics. Ron Paul is a straight shooter and a doctor. His basic philosophy for 40 years has not changed and probably pre-dates the infancy of the YAF and it's membership. He has been involved in no scandals. I am sure his presence on the YAF Board was done free of charge or in some honorary fashion. His voting record does not waver and the last time I checked- he always lands #1 on conservative voting tallies.

Conservative voting means not pissing away money. So just how much does our government spend per year on foreign affairs? Any guesses YAF? 1.1 trillion per year. http://politifact.com/truth-o-meter/statements/2010/jul/15/ron-paul/ron-paul-says-us-spends-1-trillion-foreign-policy/

The YAF claims to be a libertarian organization? Really? From the Libertarian party platform, a refresher.


3.3    International Affairs
American foreign policy should seek an America at peace with the world. Our foreign policy should
emphasize defense against attack from abroad and enhance the likelihood of peace by avoiding
foreign entanglements. We would end the current U.S. government policy of foreign intervention,
including military and economic aid. We recognize the right of all people to resist tyranny and
defend themselves and their rights. We condemn the use of force, and especially the use of
terrorism, against the innocent, regardless of whether such acts are committed by governments or by
political or revolutionary groups.

Wow. What a piece of lunacy that is. We recognize the sovereign rights of all people.

On another site, a writer adds that Paul could run as a Libertarian- that it is disingenuous to run as a Republican. To that I reply simply- these two mongrel dog parties have done everything short of killing to prevent a viable third party. They have a complete monopoly and stranglehold on the voting public which they apply with a death grip. They are populated with members, that neither adhere to or maintain platform tenets under which they run. RINO's and DINO's, swinging in the breeze- willing to cross any issue line if they see it is politically expedient and will further their re-election goals. They speak and vote dishonestly.

The most stable and predictable member of both parties and Congress is Ron Paul. What I am saying simply- is that Paul's voting record is honest. Truthful in a day and age when no politician dare utter the truth. Politicians habitually lie. Because if they take a stand, perhaps even an unpopular one, somebody like the YAF will throw the baby out with the bathwater. Example given.

There will never ever be a politician who agrees with everything we want. But there are candidates who can breach a 90% level or better. Paul is that guy for me. To castigate someone who is adhering to party tenets simply because some group wants to practice nationalism rather than patriotism defies belief. The allegations are misrepresented...in fact...specific allegations or alleged statements aren't even addressed on the YAF or anywhere else. Apparently the YAF has formed some assumption and collective belief and rendered their judgment. So what due process has the YAF afforded Mr. Paul? Maybe a hearing, a Q and A session? How about a public vote with Mr. Paul present? Or do you operate like our President does...canning Inspector Generals behind veiled curtains using anonymous middlemen? Is that how it is?

Welcome to the national insanity and past time. Attack, ridicule, and label the best that we have. Toss them out because they don't agree with your brand of how the money gets spent on one solitary issue. Marginalize them for uttering an "opinion" or questioning some assumption that you believe is true. Never consider the possibility they might be "right." But then you aren't really interested in hearing from him, are you?

Here's the way I see it. The YAF is just another group practicing mob culture. I have seen nothing that indicates any sense of fair play occurred here. We used to have a sense of fair play in this country. Where people were entitled to explain themselves and were given an opportunity to explain their thought processes. That system was civil and had value because we knew one day, it might be us getting tossed out and embarrassed. Back then a fair process mattered because it just seemed like the right thing to do. I am not seeing that here.

Eargasm!

That's what happens when you mix one of the greatest bands of all time with bagpipes.

Don't Forget Valentine's Day and Ladies...Don't Forget Steak and BJ Day

Many years ago, Hallmark managed to turn a simple day into another guilt ridden holiday for men.

This is the day where we are supposed to pay double for chocolate, triple for roses, pay 400% markup for jewelry, or suffer the consequences. In fact, it is so serious, that forgetting or blowing this holiday off often results in verbal abuse, emotional carnage, and celibacy. It is our duty as men to go buy some worthless shit. That's how we demonstrate our love for the women in our lives.

Interestingly enough, Steak and BJ day is right around the corner. Unlike VD, Steak and BJ Day has not gotten much traction. The last two years, March 14, have come and gone and I have yet to receive a Steak and a BJ. I have not complained about it. But this year, it's gonna be different. If March 14 goes by again this year, sans a ribeye or a hummer...there is going to be hell to pay. I shit you not.

It's about time you butchers grab the bull by the horns and exploit this. You are pathetic. Seek marketing advice from your FTD florists on how to capitalize and by all means read this. It's about time for a little equality. The skit on the bottom of the page is worth a click. Hat tip to my soul skiing brother. http://www.steakandbjday.com/

Any Idiot Can Screw Things Up, It Takes Real Genius to Wreak Complete Destruction

I am preparing for an interesting week.

Economic reports for the week are pretty thin on Monday and Friday. It is the Tues.-Thurs. time frame where things might get interesting. Silver is trading at 30 and a real storm is brewing there. The government manipulated PPI and CPI inflation figs get released mid week. As I live in this alternate universe, I would not be surprised to see some ghastly number and subsequently see CNBC's Steve Liesman wax poetic on how inflation means our economy is healthy. Of course the markets will go straight up no matter what happens because the FED has effectively disabled it to the extent that any short sellers are now at home knitting, drinking Key Light, and waiting for June to arrive and the end of QE2. At that point we will see the next unveiling of Bernanke's grand experiment.

I have the utmost confidence in Bernank. Once in awhile, even the idiots figure out they are screwing up and they switch gears. But not this guy.

I'd like to mention an odd concept on why buying gold and silver is simply wealth preservation. Any idea that you are actually accumulating wealth is inaccurate at least until the dollar is declared DOA.

Late last week, I was talking to a guy who was thinking of investing a five figure amount in gold and silver. The only means we have to value gold and silver is via fiat currency. In other words, gold and silver are only worth what somebody is willing to sell it for in (currency) and what we can sell it for later on.

Let me explain it like this. If you buy groceries today and it costs you 60 bucks, you must go sell two ounces of silver to buy those groceries. One year from now, that same grocery basket may cost you 120 dollars. At that point in time, silver must be trading at 60 bucks an ounce for you to redeem 2 ounces of silver to have the same purchasing power. You have not gained anything. However, you have not lost anything. The person who works for 12 bucks an hour and lives paycheck to paycheck has lost 60 bucks. You should ask your employer to pay you in gold or silver.

The rise in this stock market is completely illusory as well. The market goes up while inflated dollars chase it. It has not gone up. It simply ascends numerically as the value of a dollar descends.

Inflation is an insidious disease that robs you of your work product and buying power. The only way to protect your wealth is by buying tangible items of value that will rise and counter-balance your lost buying power at any given point in the future. That banks have manipulated the true price of gold and silver with worthless currencies cannot last. People getting in on the ground floor may reap a bigger benefit when currency and precious metals ultimately unhinge.

Running in place on the treadmill is certainly better than suddenly stopping and having the belt dump you ass over tea kettle. (My dad always said that)

My Laughter Has Turned to Tears

Hard to pass this up. Michelle Obama says that laughter has been good for their relationship. One wonders what they find so funny. Interesting note. Michelle Obama says Barack never forgets anything.

Really. That way, we can rest assured that he deliberately gave the criminal bankers in this country a pass rather than simply forgetting about them as he strolls the beach on any one of his numerous vacations. http://news.yahoo.com/s/ap/20110213/ap_on_re_us/us_michelle_obama_love_and_marriage;_ylt=AnorCkDPHZ5XTuKz56PeyKdH2ocA;_ylu=X3oDMTNuMzJuOWpuBGFzc2V0A2FwLzIwMTEwMjEzL3VzX21pY2hlbGxlX29iYW1hX2xvdmVfYW5kX21hcnJpYWdlBGNjb2RlA21wX2VjXzhfMTAEY3BvcwM2BHBvcwM2BHNlYwN5bl90b3Bfc3RvcmllcwRzbGsDbWljaGVsbGVvYmFt

Even The Swiss Like Guns

Well the big city statists in Geneva wanted gun control but didn't get it. Big government loves disarmed citizens. Seems even the docile swiss know where to draw the line. http://news.yahoo.com/s/ap/20110213/ap_on_re_eu/eu_switzerland_firearms_vote

Wouldn't be surprised to see our big city left leaners cry out for knife control next. The bad guys get planes with box cutters or perhaps a Lexus with a cutlery set. http://thecivillibertarian.blogspot.com/2011/02/think-you-are-having-bad-day.html

Think You Are Having a Bad Day?

Wow. I guess she should have just let him have the Lexus.

http://news.yahoo.com/s/ap/20110213/ap_on_re_us/us_stabbing_spree