I think spy organizations all over the world have their collective eyes on us renegade bloggers. Russia and India, making precious metals purchases based on my recommendations. China is not showing up today. They are probably busy spying on Kenny Lane. Canada, Paraguay, Peru, S. Korea. Ireland. Bless my homeland. They gave the finger to the banker class. I love you guys.
I got my passport. I may come calling soon when this big piece of dirt implodes. Maybe Tuesday.
There were 22 House Republicans that voted against Boehner's budget bill. They believed the cuts were insignificant and in the end- it didn't matter anyway. The Senate defeated the bill.
Here then is the list of Representatives who are doing what we elected them to do. Holding the line even amidst all of the pressure coming from both sides. Well done.
The dissenting Republicans were:
Justin Amash (Mich.), Michele Bachmann (Minn.), Paul Broun (Ga.), Jason Chaffetz (Utah), Chip Cravaack (Minn.), Scott DeJarlais (Tenn.), Jeff Duncan (S.C.), Trey Gowdy (S.C.), Tom Graves (Ga.), Tim Huelskamp (Kan.), Timothy Johnson (Ill.), Jim Jordan (Ohio), Steve King (Iowa), Tom Latham (Iowa), Connie Mack (Fla.), Tom McClintock (Calif.), Mick Mulvaney (S.C.), Ron Paul (Texas), Tim Scott (S.C.), Steve Southerland (Fla.), Joe Walsh (Ill.), and Joe Wilson (S.C.).
Elvis would be proud. After 50 years of Gold Wings, Valkyries, and others...I broke down.
Late this week, I bought a slightly used RoadKing. It is blue suede and gorgeous. Eleven grand worth of goodies including the tour kit, mini apes, Rhinehart two into one kit. It even has flush mounted caps with blue LED's on the gas tank to let you know how much fuel you have. The speedo is aquamarine.
I am afraid to ride it. I just stare at in the garage. It is love. Just like the big valk, and Margaret King in 5th grade.
I have already planned two trips. One with the Idaho Falls maniacs, Jason and Troy to Reno/Carson City. And one to Santa Ynez.
There can be no compromise. The thick headed President and the kleptocrats don't get it. We are out of time. Reid's bill was a joke. It actually increased spending.
So the House did what the Senate does. At least the House votes on bills unlike the pussies in the Senate.
So the kleptocrats, still don't get it. We are out of money, out of credit, and out of time. When those three things happen at once- all that remains is slash and burn or economic death. That's why there can be no compromise.
I just had to pinch this. This is Lisa Murkowski of Alaska. Read this...
‘On the Brink’
Senator Lisa Murkowski, an Alaska Republican, said “absolutist” lawmakers aligned with the Tea Party have put the U.S. “on the brink.”
“I am really worried about where we are standing, and I think part of that has come about because you have individuals that say, ‘It is my way or the highway,’” Murkowski said in an interview at Bloomberg’s Washington office. “That is not how you govern.”
Absolutist lawmakers have put us on the brink? What about all of those assholes, including this idiot in the White House? Did they have anything to do with spending us into oblivion?
Apparently Ms. Murkowski thinks that people who disagree with her are not entitled to that opinion. Rather, she declares in her last sentence, that she knows how to govern and that's not how you do it. You are only entitled to her way of thinking which she has deemed is "correct."
This is the mind set of your "leaders" in government. They are all ego invested in their opinions, not the issue. If they were ego invested in the issue- the gargantuan debt- the cut, cap, and balance bill would have passed two weeks ago.
That this line of thinking comes from an alleged Republican does not surprise me.
Imagine having a credit card with no limit on it. No matter how much you ring up, two things always happen. You have enough money to pay the interest but never enough money leftover to pay the principal. The banker always allows you to charge as much as you want. In a scenario like this, the game goes on until one of two things happens. You no longer have enough money to service the minimum interest payments; or the banker tells you your credit line is maxed out.
So it is that one day you suddenly realize, that you can't afford the interest payment anymore. Your other expenses have gone up. The bank has moved your interest rate up because that is always in the fine print. Your credit rating is in decline. If you do not have enough money to pay the interest- you will default on the terms of the agreement.
You lack the capacity to add a third job. You cannot borrow any more money because you have already borrowed to the hilt. Nobody, including the relatives, will loan you one more thin dime. You have no lines of credit available. There is only one alternative.
You must slash every other expense that you have to the bone. Not just enough to make interest payments. You must slash everything to the extent that you are able to pay off principal. Everything is on the table. You begin by selling cars and assets. You get rid of payments. You cancel the cable TV and the newspaper subscription. You quit wasting 30 bucks a week on Starbucks. You take this newly freed up capital and use it to pay down the existing principal. Ultimately, you survive because you were wiling to do the only thing that made sense.
Your government is in far worse shape than you are. Not only has it rung up a debt that it cannot pay- but unlike you it has trillions more of social security, medicare, and now Obamacare debts coming due. Think of them as giant balloon payments that your government has no way to pay. All coming due as you are adding another 3 trillion to the national debt.
Then think about the ridiculous argument going on now. Raising the debt limit at this point is catastrophic. You can barely service your existing interest now because of artificially low rates and you sure as hell can't service the debt if the interest rate moves up because it certainly can't go down (refinancing the debt, or risk premiums) and now all of those balloon payments come due.
Under our current scenario you are only left with two alternatives. Two doors. Continue to raise the debt ceiling and thereby guarantee a future default; or cut spending to the bone. Eliminate entire bureaucracies, stop your wars, and put everything on the table. Use the savings to pay down principal while there is still time. Those are the only two doors you have left.
In a perfect world, there might have been a door number three. That is the illusion that most Americans still cling to. The same illusion that Obama and the Kleptocrats whisper into your ear. We have the capacity to turn this around- we always have. That is simply not true anymore. Losing thirty million jobs- and shrinking existing salaries- has virtually guaranteed that we lack the capacity to pull ourselves out of this. Rising health care costs are literally destroying any excess financial capacity that an aging population once had. Instead, this delusional administration is hell bent on running us into the ground.
Slash and burn all government expenses or die a slow painful death. There is no other alternative.
Well, I guess if there is an upside to the NAFTA agreement- it's that we have kick started Mexico's economy for them.
Unfortunately, Mexico is going to leave a couple million felons behind in our prisons. Like to ship them back home, like an export business. Create additional jobs for Mexican nationals as prison guards.
Well so far, the Republicans in the House have drafted and passed two budget bills. Both were defeated by the Kleptocrats.
The Kleptocrats in the Senate? How many bills or budgets have they passed in the least 800 days? Ah, precisely zero.
I see how Obama, the Senate, and the media keep score. The Republicans do all of the work and then the unholy trinity blames the Republicans. It is a fascinating bunch of idiots that occupy those seats.
So the Kleptocrats think they are going to save the day. They are using that same short sighted political expediency that they think will get them re-elected next year. The same self serving expediency that has landed us in this mess. They think they will stick Reid's plan in front of the Republicans and that the Republicans will capitulate. That the U.S. is going to have to take the increased 3 trillion dollar ceiling plan at the last minute and all of the Kleptocrats will be happy. They will all be saved. Just like the bankers.
It's time to default. We compounded the credit mistake by bailing out banks in 2008. We now realize how stupid that was. We gained nothing. The same scenario is here. This time, the government wants to be bailed out. It's time to stop bailing out losing propositions. If you spend beyond your means, you are supposed to pay a penalty. That penalty should have been the death of TBTF banks in 2008. The penalty for a government that cannot live within it's means in 2011? The same. Let's default and start over. It's the only thing that makes sense.
Raising the debt limit. Wow. These bastards are truly mathematical idiots.
Unable to force the kleptocrats into signing the cut, cap, and balance bill- has left John Boehner and the rest of the Republicans reeling trying to put together inferior and ineffective legislation.
Kleptocrat Harry Reid's plan is a total piece of shit. It actually raises the debt ceiling 2.7 trillion while only cutting 2.2 trillion. Half of the alleged "cuts" are simply derived by exiting wars. So this is not actually cutting the budget- it is increasing it. The kleptocrat style of governance. Lie to us and tax us.
Reid's plan cannot pass. It does nothing and it sucks. How did that man rig that Nv. election? Unions.
Music to read by. Seems very appropriate.
The GDP number fell off a cliff this morning. Other economic numbers have been terrible. I think even Obama, dense bastard that he is, is starting to realize he is screwed. There is no way this country will tolerate this prick for another 4 years. It would be ruinous. In fact, I think there is an excellent chance that Obama will have to step in and raise the debt ceiling on his own. That should be the final straw. Up until now, I think he was hoping to lay the responsibility and thus the blame somewhere else.
I have no sympathy for Obama. None. His ineffective leadership and his complete lack of ethical and moral courage has left our country in tatters. There will not be a sliver of hope until we can rid ourselves of Obama and the kleptocrats. Unfortunately, we are out of time.
It's pretty hard to find three completely inept men and manage to elect all of them. In a row. Life is like that sometimes. So it is that Bill Clinton, George Bush II, and Barack Obama became Presidents. These three men, and the legislative bodies they worked with, have essentially ruined our way of life. I think history will give them the appropriate credit a few decades from now. There ain't gonna be any Mt. Rushmore for these guys.
1992-2000 NAFTA and the THEFT of Social Security
Aside from being a cheat and a liar, Bill Clinton signed NAFTA into law. That opened the door and allowed millions upon millions of jobs to leave our country. Without jobs, there can be no taxes- no capacity to service debt or spread the tax burden across wide strata. It has been estimated that we have lost over 30 million jobs since NAFTA became law. Clinton did one other thing that would help spell economic death to the United States. He raided Social Security and left a big ass IOU behind. That is true. He stole Social Security. I have a friend who says this about people like Clinton. If you will lie, then you will cheat- if you will cheat then you will steal. That pretty much sums up our 42nd President.
2000-2008 The RISE of the Ruling Class, The Golden Age of Crony Capitalism
George Bush II had every opportunity to repair the damage that Bill Clinton had caused. Rather than address critical issues like the future bankruptcy of Social Security, Bush ignored it. Bush apparently could not read a budget or a balance sheet. I will forever remember Bush for two things. He along with Clinton, refused to enforce any immigration statutes. This allowed illegal aliens to flourish and provided an incredibly cheap work force for the crony capitalists who needed cheap labor. American taxpayers bore that burden. Bush cut tax rates to the bone for wealthy Americans. Capping tax rates at a time when any fool could have seen we were headed for bankruptcy was beyond irresponsible. It was reprehensible. Bush, like his predecessor, did what was politically expedient. In the end, Bush was stealing taxpayer money and delivering it to bankers via the Hank Paulson conduit. It reminded me of one of those banana republic foreign dictators, who when they get deposed, steal all the money and leave town.
2008-2012 Obamacare, Socialism, and the Last of the Three Stooges
Of the three, I hold Obama least responsible. Why? Quite frankly, he is simply inexperienced and has an agenda. He inherited an economic disaster and either failed to see it or refused to address it. Probably the latter. Refusing to prosecute thousands of crooked bankers told us who's payroll he is on. The Obama agenda, socialism, could not have come at a worse time. A completely bankrupt country, no jobs, no social security, spiraling debt, a completely destroyed tax base, and there was Mr. Obama working hard to destroy what was left of the country. To call his actions bizarre, is an understatement. I'm not sure you could screw up any worse if you actually tried to.
These three men are graduates of Harvard, Yale, and Harvard. Clinton is a Rhodes Scholar. How could that be? How could three well schooled people be so inept?
We have an idea in this country that Ivy League credentials equal or guarantee success. That these people represent the best and the brightest. They are neither. We forget that human values, such as courage, honesty, and leadership are not things taught in a classroom. They are primary skills. You either possess them at the time they are needed or you don't. Acquiring them, at some point beyond that moment when they are useful, does not do us any good. That these three men lacked any kind of long term vision, courage, or honesty is apparent. They did what was selfish and politically expedient for their careers rather than what was good for the long term health of our country.
Twenty years of failed leadership. Three different agendas that would have a dramatic and negative effect. That is how three stooges were able to destroy the economic health of the greatest Republic ever conceived. I hope history gives them the credit they deserve. I think it will.
Late last year and earlier this year, I moved 25% of my disposable net worth (cash) into silver and gold. Equal amounts. I thought that was a reasonable allocation at the time. I am now convinced that as things have changed- that amount is too low.
I am going to move to a 50% allocation. I think at these levels, gold and silver are over bought. But not for long. I think there is a strong likelihood that prior to experiencing a great inflation (great for precious metals) we are going to experience an ugly deflation scenario first. If the deflation scenario strikes, and markets tank, precious metals will go down with them. You will have to be very nimble and decisive. I don't always catch market tops or bottoms. Any decline in the neighborhood of 15% for either metal will mean I am a buyer. I am not going to try and time this. I am going to start buying, incrementally, at -10% and average down. Until the downdraft ends. A 60-40 silver/gold blend. Small units in case the currency collapses. Please do not forget. All sales in excess of 600 dollars after Dec. 31 of this year...will be reported to the government. (Obamacare bill) That's why I buy the smallest unit amounts with out getting scalped by the dealer premium. Most of my silver is in 10 ounce and under sizes. Unfortunately, my gold is in one ounce sizes. Buy small.
Physical holders looking to buy significant amounts should buy metal before the new tax reporting requirements. Sellers looking to avoid taxes will be looking to sell before Jan. 1. I expect gold to act pretty weak in Dec.
Our country and it's failed leadership is something to behold. I would have never thought this was possible. Not in my life time.
I snipped this from Zero Hedge.
Morgan Stanley reported in 2009 that there’s “no historical precedent” for an economy that exceeds a 250% debt-to-GDP ratio without experiencing some sort of financial crisis or high inflation. Our total debt now exceeds GDP by roughly 400%.
Investment legend Marc Faber reports that once a country’s payments on debt exceed 30% of tax revenue, the currency is “done for.” On our current path, analyst Michael Murphy projects we’ll hit that figure by October.
Peter Bernholz, the leading expert on hyperinflation, states unequivocally that “hyperinflation is caused by government budget deficits.” This year’s U.S. budget deficit will end up being $1.5 trillion, an amount never before seen in history.
Since the Federal Reserve’s creation in 1913, the dollar has lost 95% of its purchasing power. Our government leaders clearly don’t know how – or don’t wish – to keep the currency strong.
Last night and today, I have been reading news stories about the political philosophy of that Norwegian guy who thought bombing people and shooting kids at random was a good idea. Anders Breivik. I will refer to him as A.B. because his name does not bear repeating.
A.B. does not interest me. He is like Lady Gaga. What he did and what he thinks makes no sense. Dissecting his thought processes will not offer any remarkable insight. He is not fascinating. He is ill. I am already tired of reading about him.
Anti-Islamic? WTF? Did he go to some mosque and whack people? What connection are they trying to make here? I am surprised that the media hasn't said he is a Sarah Palin supporter. The media likes guys like A.B. They steal the spotlight from moonbat legislators like Oregon's Wu who has sex with 18 year old girls, 40 years younger, and claims it was consensual. Like that makes it right. By the way, she claims it wasn't consensual. Will Wu get prosecuted? We'll see. Our two tiered justice system won't be in effect once Wu resigns. http://www.politico.com/news/stories/0711/59994_Page2.html
Let me summarize A.B. He is another extremely mentally ill individual. Any thought processes he might have had were derived with a mentally ill mind. Nobody sees these things coming because people like A.B. are very lonely and isolated. Nobody socializes with them because they are too difficult to be around. Eventually depression and isolation manifest themselves as anger and they snap. Whether that is Timothy McVeigh, the Arizona kid, the Va Tech kid, or A.B. They are all seriously mentally ill. There really is no defense against these types of folks- well unless you want to turn your life into an armed occupation complete with bodyguards for your kids at summer camp.
I spent 25 years working with the mentally ill. I cannot tell you that I prevented one suicide or homicide. I like to think that I did. I have great compassion for these people. They are extremely isolated and their lives are miserable. I also have great acceptance. They dwell among us. So it is, I have a gun or two just in case I should cross paths with one. A.B. is what he is- not what the media circus or the investigators want to make of him. Just this year's version of a mentally ill (that is an absolute fact) person that snaps. Who he likes, what religion he is, or any of that other worthless information that the media generates is simply not relevant or useful.
Actually, I think old legislators like Oregon's Wu who purport to be sane but have sexual encounters with 18 year olds are far more fascinating. And they don't have an excuse for what they do.
Not one person has ever shown even the slightest interest in what it's like to be a big international blogger. I figure that must be an oversight or people are simply afraid that I am too busy to answer their probing questions. So in a state of complete social unconsciousness, let me use just a few moments of your life. You will not get them back.
Each day I get up very early... usually around 1030 or so... depending on when the crack addicts next door start looking for a fix and milling about my back yard. I put my Beretta .40 back in it's holster and I go make some coffee. I return to my blogging laboratory dressed in my undies. I scan 4 or 5 news services, see the usual shit, and then I start humming that Cher tune from the movie Groundhog Day. I have over 60 blogs on my blogroll. You only get on my blogroll if I find you interesting or you are a lunatic like Kenny aka Wire Cutter at Knuckledraggin My Life Away...
Being on my blogroll means I am going to read you every day. That's commitment. Every once in awhile, I steal someone's material.
I am a retired cop who can't stand government. My father says there is no such thing as government "work." He says it's like military intelligence. It doesn't exist. It took me 50 years to admit he was right.
My mother likes Sarah Palin. I don't mind Sarah. I just think Ron Paul has the best resume and he is needed NOW. In fact, if we don't elect Paul- I think we are screwed. He is the only member of Congress that knows the real history of the FED and I think as President...Paul might try to shut them down. That would be the single greatest thing to happen to this country in 100 years.
I am a Libertarian which means I hate all of these worthless laws that the Moonbats http://en.wikipedia.org/wiki/Moonbat keep imposing on us. Obama was the greatest thing that ever happened to the Libertarians. He is such a complete fuck up that even his own party will abandon him. Winning Charlie. Maybe we can get our country back from the ruling class if they haven't completely destroyed it by the Inauguration, 2013.
You just know Jimmy Carter loves Obama. Obama got him off the worst President ever schnide. Proof positive that it doesn't matter how stupid and ineffective you are...there is always a bigger moron than yourself. Jimmy was always far more useful than Barack. He builds homes for humanity. Jimmy has a sense of purpose and some real life skills. No one ever built a house reading from a teleprompter.
Some days I write incredibly (and what should be award winning) insightful essays. Other days, I just steal shit from other people. I am amazed at how little people know. They don't know anything about the history of this country. The Constitution. They don't know anything about politics or the criminals we elect. But they know who Justin Bieber and Lady Gaga are and a whole host of other absolutely useless information. People today are enamored with superficiality, material goods, booze and drugs, money, ipods, and other selfish interests. They don't care about other people. And at least for most Moonbats...they think God is a myth. This is a class of people that wants to abort babies but wants a law that forces everyone else to recycle newspaper. Or outlaw Happy Meals because the Moonbat children are too fat. It is certainly not too difficult to see why this country is circling the drain.
I have a friend who hates Moonbats. Without abortion he claims, there would be 50 million more of them. He always sees the glass as half full. I hate those happy types. Always looking at the bright side of things.
Every once in awhile, some nasty little troll pops up in here. I don't have the patience for the back and forth nastiness that trolls bring. In my start up days, I had no editorial control over trolls. Here I do. I delete them with no more thought than I give to swatting flies. Eventually they all wind up at the mothership, Huffington Post.
Well, it's late. I gotta be up early, around 1030 tomorrow. I got you babe....
I can't believe Kenny is still hanging around California. We got work here, less taxes and moonbats, coyotes up the ying yang. Real estate, dirt cheap. This morning I saw this picture and caption and I laughed so fucking hard that I just had to steal it. Dude, you are priceless.
...and amazingly the American people think the GOP is largely responsible for the budget/debt impasse. Imagine that. This reminds me of a funny war story.
Years ago, we arrested this Vietnamese guy for domestic battery after his wife claimed he beat her up. Unfortunately, we knew she was lying. She was an evil woman about three times the size of our alleged Vietnamese attacker. But she maintained her BS story. All her husband could say during the entire episode was, "I not hit her....I not hit her." Finally the guy I was working with said, "look buddy, it doesn't matter whether you hit her or not. She says you did. In our state that means you have to go to jail."
"Next time you get to the phone first and call us. If you get to the phone first, we'll bust her and take her to jail. That's how the law works." He became eerily silent after hearing that explanation. Like he understood that only government could design a law so stupid that it actually made sense to him. Eventually, his wife was arrested for domestic battery by some different cops. Imagine that.
So if you managed to avoid capture during the three years you were going to high school here illegally...three years of using citizen paid for teachers and infrastructure...we are going to reward you for your ingenuity and resolve and give you more free bonus schooling! Maybe then you can go back to your country and use your free American education to help the motherland.
You cannot dream up...the dream act. California might be the most math challenged bunch of fiscal "progressives" ever to inhabit one place at one time. Perhaps they should call this the nightmare act. The state can't balance the books, pay its bills, but apparently it has enough money to educate the world's needy. To subject it's legal taxpaying citizens to a little illegal alien competition. I read stories like this and I picture this giant economic tsunami. The sooner the better perhaps. The flood of people leaving California continues. I see the refugee license plates all over town.
Stop and think how bad this could be. What if the Republicans hadn't taken the House in 2010?? The spoiled brat and the rest of the Kleptocrats (TM) would have already raised the debt ceiling by 3 or 4 trillion. Chicken Little Tim Geithner would be happy and quiet. Trading stocks from his office computer on Ameritrade.
House Majority Leader Boehner was telling the truth in tonight's rebuttal. The Republicans put forward the cut, cap, and balance plan- it had enough votes in both houses to pass and it is a solid plan. It shaves 4 trillion with no new taxes. Kleptocrats seeking re-election in the Senate next year would have most certainly voted for it. Unfortunately, the baby in the White House would have been forced- kicking and screaming- to sign that bill and he would not have been able to tax the rich which he conceded once already. Remember the winter capitulation with the Bush tax cuts? You can damn sure bet Obama does. He is ego invested in this mess. I'd wager a buck or two that Obama saw this coming and made that winter concession thinking he would get the summer concession. Two strikes at the rich and still no hits. Ah the ruling class. Like Charlie says. Winning. Thus the Senate just tabled the Republican bill and effectively killed it. That way the big baby could save face. So tonight he plays some offense and goes on TV inferring that this budget impasse is- dysfunctional government and a three ring circus? Really?
We know that the Kleptocrats tabled the cut, cap, and balance for their leader. This is not a secret. Obama acts as though that plan never existed and that he is some poor victim/hostage to the mean old Republicans. Obama and the Kleptocrats could have passed a budget long ago- prior to the 2010 elections. In fact, I actually think they are in violation of the law. Not that the lap dog Eric Holder would notice. I gotta newsflash for you Barack. Government opposing you and your socialist friends is the first hint of an actual "functional" government since this country fucked up and voted you in three years ago. It's not a three ring circus. Government was designed this way to prevent miscreants like you from ruining our country. Sometimes government works. Like now.
Obama probably knows a little about dysfunction. It seems to follow him. Calling people names in order to make yourself feel better is the type and brand of dysfunctional leadership that I have come to expect from this dude. With just a week to go on the debt ceiling debate, I'm not going to hold my breath that Mr. Obama suddenly becomes enlightened and owns his side of the street. That is what responsible leaders do. Rather I am going to enjoy watching Obama throw temper tantrums. The American people have caught on and if nothing else happens, I am going to enjoy seeing Obama eat a little humble pie. In addition to the House of No, thankfully, we can revel in the glee of watching a spoiled Kleptocrat getting his ass spanked. So we got some things going for us. It ain't all bad.
For years, I have associated with members of the ruling class. They are some of the most inherently arrogant bastards I have ever met. The ruling class doesn't just think it's better than you...it adamantly believes it. That belief system strikes at the very core of the problem. The ruling class is in power. They have fucked up this country and they are not going to go away easily.
In Moonbat Valley, I could never understand why all of these rich people claimed to be democrats. This was 30 years ago...just as Reagan was busting unions. What I was witnessing was the rise of the ruling class. These were rich folks who went to Ivy League schools or at worst, liberal state schools. This is where the ruling class received their indoctrination. In short it went like this. You are special and you are rich. The established old white guard that runs this country is ruining it. And so Moonbat valley became infested with like minded members of the ruling class from Los Angeles, San Francisco, Seattle. These are people who adamantly believe they know what is best for you (and most certainly for them) and they use government to impose that will on you. If that is bicycle helmet laws in Seattle, gay marriage in San Francisco, or looking the other way when it comes to immigration laws in L.A., the ruling class does whatever the fuck it feels like.
Including rigging tax laws to screw the middle class and keep their money.
What we are really talking about is something far larger than Republicans and Democrats. What I realized over the weekend, largely as a result of reading that piece, was that our country was in the midst once again of the age old problem of class warfare. Class warfare has never gone away. We have never solved it, never cured it. I have seen people emphatically resist any talk of it- as though by not talking about class warfare or acknowledging it's existence- it would cease to be reality. Perhaps they think, we could just sweep it under the rug and it will go away. Don't laugh. There will be people reading this who will be bothered by the mere suggestion that class warfare exists.
Even though the king of the ruling class, Warren Buffet, states boldly that the elites waged war on the middle class and that his side "won." Surely, no other statement could have made my point any better than that one. That Warren Buffet pays less taxes as a percentage of his income (16%) than I do...absolutely frosts my ass. Proof positive that the ruling class has run this country into the ground. Now these near sighted bastards are wrestling with a problem that they alone are responsible for. The greedy SOB's have economically ruined America.
Here's the best part. The ruling class killed their golden goose. The death of that goose occurred in late 2008 when members of the ruling class, Hank Paulson and Barack Obama, stole the last two trillion dollars we had available (arguably) and delivered it to other members of the ruling class. At that point, economic collapse was a foregone conclusion and still is. All that is being decided now is who is going to get left holding the official "we killed the U.S. way of life" bag. Will it be Obama or another member of the ruling class in 2012?
Until then, we will have more theater out of Washington as the kleptocrats/ruling class try to decide what to do next. It matters not. They cannot pay this debt. Default is just a matter of when. After the rise, comes the fall. Look out below, ruling class.
I think people are finally catching on. I read a post last week from a guy that believes gold will go completely parabolic around 1750. The beautiful part is that there is no bubble. Precious metals simply have an inverse relationship to money printing. Print more worthless currency, accumulate more debt, and gold moves up.
That's the cycle. This isn't a bubble. That's what happens when the world's central bankers and governments cannot show any kind of fiscal discipline or restraint. It foreshadows a very ominous end. That occurs when interest rates skyrocket up...like they are in Greece, Italy, and the rest of the PIIGS. We won't even be able to service the interest at a couple of points higher. Coming to a country near you. Soon.
The measure passed the House. Then the Senate got hold of it and tabled it. Why? Because the Democrats would have had to vote on it and it would have passed. Then that socialist President we have would have been forced to sign it or veto it. Either way, it's lose-lose for him.
He loses his money buffet or he becomes the President that defaulted on the debt.
Obama can't win re-election. It's curtains for him. And when he's gone, we'll get rid of that piece of shit Obamacare bill. Tell him to take it with him. Don't let the door hit you in the ass Barry or whatever your name is.
Things in this country aren't going to get better, they are going to get worse. That was the promise of 40 years worth of poor leadership and government gone wild. We are starting to see the fruits of that labor.
The ruling class in this country aren't interested in what the American people want. That was evident with TARP, Obamacare, and it is evident now. Those little girls refused to pass a budget for over 800 days now. I'm supposed to feel sorry for them? Listen to the "Democrats" saying that the Republicans are unwilling to compromise. Like it's the conservatives' job to cooperate with them. They are beyond arrogant and unconscious. Moonbat zombies. Read what Harry Reid, master election rigger, has to say. From the mouths of babes...http://news.yahoo.com/debt-crisis-deal-sought-head-off-stock-plunge-202150238.html