A Country Founded by Geniuses But Run By Idiots- Foxworthy Nails It

A Country Founded by Geniuses but Run by Idiots
by Jeff Foxworthy:

If you can get arrested for hunting or fishing without a license, but
not for entering and remaining in the country illegally — you might
live in a nation that was founded by geniuses but is run by idiots.

If you have to get your parents’ permission to go on a field trip or
to take an aspirin in school, but not to get an abortion — you might
live in a nation that was founded by geniuses but is run by idiots.

If you MUST show your identification to board an airplane, cash a
check, buy liquor, or check out a library book and rent a video, but
not to vote for who runs the government — you might live in a nation
that was founded by geniuses but is run by idiots.

If the government wants to prevent stable, law-abiding citizens from
owning gun magazines that hold more than ten rounds, but gives twenty
F-16 fighter jets to the crazy new leaders in Egypt — you might live
in a nation that was founded by geniuses but is run by idiots.

If, in the nation’s largest city, you can buy two 16-ounce sodas, but
not one 24-ounce soda, because 24-ounces of a sugary drink might make
you fat — you might live in a nation that was founded by geniuses but
is run by idiots.

If an 80-year-old woman or a three-year-old girl who is confined to a
wheelchair can be strip-searched by the TSA at the airport, but a
woman in a burka or a hijab is only subject to having her neck and
head searched — you might live in a nation that was founded by
geniuses but is run by idiots.

If your government believes that the best way to eradicate trillions
of dollars of debt is to spend trillions more — you might live in a
nation that was founded by geniuses but is run by idiots.

If a seven-year-old boy can be thrown out of school for saying his
teacher is “cute,” but hosting a sexual exploration or diversity class
in grade school is perfectly acceptable — you might live in a nation
that was founded by geniuses but is run by idiots.

If hard work and success are met with higher taxes and more government
regulation and intrusion, while not working is rewarded with Food
Stamps, WIC checks, Medicaid benefits, subsidized housing, and free
cell phones — you might live in a nation that was founded by geniuses
but is run by idiots.

If the government’s plan for getting people back to work is to provide
incentives for not working, by granting 99 weeks of unemployment
checks, without any requirement to prove that gainful employment was
diligently sought, but couldn’t be found — you might live in a nation
that was founded by geniuses but is run by idiots.

If being stripped of your Constitutional right to defend yourself
makes you more “safe” according to the government — you might live in
a nation that was founded by geniuses but is run by idiots.

Reserve Your Seat at the Banquet of Consequences- The Sunday Collage

Tonight I was out at the racetrack when I received a call that a friend of mine had died. We weren't particularly close but I liked him enough that I teased him a lot. He was good natured. He was in his 30's.

If I've learned one thing in life- it is that life has consequences. The idea that you can live dangerously or foolishly and escape the consequences of that lifestyle is a myth. Every one of us seems to have heard about some guy who smoked two packs of cigarettes a day and lived to be 90. Mostly, I think, that is bullshit. Everyone I know that drinks and smokes heavily dies young. In my friend's case- he literally drank himself to death. He might not have known the consequences entirely but he had other health related issues. A girlfriend of his had died last year and the truth is, he was never the same. I'm not sure he cared about living anymore. Pretty sad when I think about it. He had a depression he just couldn't escape.

I think 2014 may be the year that we take our seats at the banquet of consequences.

I am a conspiracy theorist. Without a doubt. I believe in conspiracies largely- because they have been proven time and time again- to exist. We've seen mortgage banking conspiracies, libor rigging scandals, and there is no doubt in my mind that the gold market is manipulated by central bankers. Even Germany has come out to say that gold's price is being suppressed.

Our President's entire presidency has been one big conspiracy that started with his birth records and class transcripts, and has extended through at least five scandals that began when he gave every thieving banker in America a get of out of jail card.   

All the fraudulent numbers including inflation, unemployment, housing starts, and fudged corporate earnings have reached their respective zeniths.

A completely rigged world has no encore. Quite simply, we skipped the banquet of consequences in 2008 and the caterers are back. The banquet is on in 2014.

The other day I was listening to a gal on talk radio who said that she could afford to pay about 250 a month or about 3000 dollars a year for healthcare. Unfortunately she said, Obamacare was going to cost her (for her family of four) about 11,000 a year or 900 a month. They had a combined income of 70,000 gross or 50,000 net. Since healthcare is paid for after taxes, her new bill will amount to over 20% of her available after tax funds. Or about the same as her home mortgage. My situation is very similar.

So where are people going to get the money to pay for healthcare? A- They're not.

I also noted that Congress eliminated eight tax breaks this year- two that are going to effect me dramatically. I think we're just a little early yet and people haven't started filing and getting a taste of this. I think I am going to owe an additional 500 more this year even though my income went down.

For 5 years I've been on this blog waiting for the banquet to arrive. Not because I am some doomsday prepper but because I have always known there are consequences for our actions. Somehow this country has been able to avoid the consequences of what happened prior to 2008- largely I think because the central bank has been pouring money into Wall St. and the stock market desperately trying to avoid a cataclysmic deflationary episode.

I noted a poll the other day which has Obama finding new lows. Even lower than Nixon in the midst of the Watergate scandal. I don't think Obama's approval ratings are going to get a dead cat bounce either- in fact he may wind up with the same 10% approval rate that Congress has. Truth is- he should have been impeached long before Benghazi.

Life is all about consequences. Today my 53 year old body hurts. I can feel every nagging injury in my legs and arms. My knees, sans a meniscus here or there, crack and pop when I walk. My feet and ankles are sore from years of weightlifting abuse. My right shoulder aches badly where I tore a rotator cuff tackling a guy who thought 15 years in prison was more than he could bear. I have other issues too. All of them are the consequences of my lifestyle choices. Some of them I made unwittingly- some I did not.

So I have to get ok with all of that. I accept responsibility. I have to be ok with everything that is about to happen in America as well- because as a man- I understand that we don't escape the consequences of our actions just because we want to. That's just not the way life works. 

I hope my friend is in a better place.     

  

Dissolving Status Quo Corporate America Might Be Our Last, Clear Chance- The Sunday Collage

In 1992 and 1996, Ross Perot ran for President. Ross Perot was a visionary, he was astute, and he had a lot of solid and well thought out  positions. My favorite thing about Ross was that he wasn't a lawyer and he was a billionaire. Success does not always guarantee future success- but it's a hell of a good place to start.

In America, we forget that electing a President is not unlike hiring an employee. We keep falling for a lot of bullshit credentials held by people who have achieved little or no success. Look at Bush and Obama. Neither one accomplished much on their own prior to their elections. They were simply a couple of silver spooned trust funders- one from an obviously wealthy family- and the other one (and the source of his money) has been a total mystery.

As it turns out, Ross Perot may have been our last clear chance to save ourselves. We needed leadership desperately back then- our mistake is very clear to me now.

Here were the knocks on Ross. He was sort of an ugly little man without much tact. He didn't come from either of our two enslaving, political parties. He was arrogant and paranoid. Those were just the knocks- none of them deal killers.

Here's a snip from wiki about Ross which pretty much captures how it was nearly 20 years ago. Perot tried to keep his movement alive through the mid-1990s, continuing to speak about the increasing national debt. He was a prominent campaigner against the North American Free Trade Agreement, and even debated with Al Gore on the issue on Larry King Live. Perot's behavior during the debate was a source of mirth thereafter, including his repeated pleas to "let me finish" in his southern drawl. The debate was seen by many as effectively ending Perot’s political career.^[40] Support for NAFTA went from 34% to 57%.^[41]


Ross Perot hated NAFTA. He said that if we started supporting free trade agreements that we'd have a great sucking sound in this country. That would be the sound of American jobs and American money leaving the confines of our shores. Since then our country has lost millions upon millions of jobs and generated over two trillion in un-taxable, offshore dollars. Dollars that cannot do anyone in the US- any good. That can only get worse.

I'm going to stop short of calling Perot a prophet but he was pretty much on the mark. He knew this NAFTA mess was going to be really bad for our country and it has been- and it is getting worse. We have not felt the full measure of pain yet but is coming on swift wings.

Instead of Perot or more recently, Ron Paul- the voters of this country have given us 12 years worth of the Bushes', 8 years worth of a drug and sex addicted (and it's pretty well documented) Clinton, and 8 years of the current moron.

That's 28 years of wasted time, a loss of 50 million jobs, a non-working, declining, middle class that finds it's earnings trending lower and lower while government demands more and more of what little income they have. Does government really think we have enough money laying around to pay an extra 500 a month for shitty healthcare?

We don't. And government is too inept and too fucking stupid to have actually asked the people who would be doing the paying. Some might even call us stakeholders. Some might have even of said that we should have been included in the whole, unread process.

By the time President Nine Iron finishes his tour of duty- we are going to be at least 19 trillion dollars in debt, Obamacare will be a complete and unmitigated disaster because our country is bankrupt and our citizens are broke. They do not have 500 or 600 a month laying around to just piss away on crappy, high deductible insurance. (The beauty of this is that if you are fully invested in health care insurers- you are about to witness the entire collapse of that sector brought about by a government who thinks it can squeeze blood from turnips and which also apparently thinks that it has the power to force your compliance)

So who are we going to elect in 2016?  Ross Perot will be 85 although he might live to be 100. He kind of reminds me of the JR Simplot, George Burns, type of lifespanner.

Somebody has to bring corporate America back to America. The vacation is over. I'm not talking about giving them tax breaks. I'm talking about making it illegal for any incorporated institution in this country to employ people in violation of US Labor Standards which sells it's products here.

In other words, you would not be able to employ a Chinese, Taiwanese, Mexican employee unless you have met our very own United States Department of Labor Standards which includes all of the rights and benefits guaranteed to a US citizen. That includes the Family Leave Act, the Minimum Wage Act paid in US dollars, and all of the other standards which this country has fought to achieve.

Quite simply, if an American corporation refused to comply- their right to incorporate and do business in the U.S. would be dissolved. They would be free to move to China or Russia or whoever would have them., pay their dollar an hour wage, and sell their products there. They could export to the U.S. subject to tariffs. In the meantime, new American business would spring up to take the place of those we ex-communicate.

Is that fair? Of course it is. It is no less fair than sticking Obamacare up our collective asses. Or the oil industry charging us the same retail price at every pump in town. NAFTA was a huge mistake. We cannot pay our national debt until we dissolve NAFTA. It is that simple.

Think about that for a moment. I have been mulling it over all week. It is the only way I can think of to give this nation a fighting, economic chance for survival. Absent a similar measure- quite honestly the only other way to satisfy our national debt is through a major hyperinflation event and currency collapse. Nobody has enough money to pay the national debt. Nobody. We can't even afford to buy force placed government health insurance let alone come up with the money to pay the debt.

Maybe in exchange for the return of American jobs to American soil- we would allow corporations to bring home off shore dollars with a minimum tax or perhaps even free.

A declining standard of living, inflation, and a government trying to steal every last dollar it can get from citizens- that is the future. The government dissolved eight major tax breaks at the first of this year. Two of them directly hurt me. They imposed another tax- Obamacare on us- and we are all going to pay more taxes this year. I don't know if you have been noticing this- but things aren't getting any better.

Dissolving the corporate welfare system in this country is key to our economic survival. We cannot carry the burden of millions upon millions of people on disability, social security, and free healthcare without restoring tax paying jobs to America. We can no longer afford to allow corporate America to fatten it's margins on the slave labor of the undeveloped world. This as it stands now, is a system that is 100% guaranteed to fail.

We have lost the capacity to take care of ourselves. In the newly minted world of 2008, the artificial stimulations of central bank counterfeiters and the lies spewed by our government cannot last forever.

  



 



    

They Must Be Running Low on Paper- The Sunday Collage

The greatest trick ever conceived and executed by bankers is the illusion that paper is in short supply.
Have you ever read about Holland's tulip bulb craze some 500 years ago?

This weekend I noted that Twitter stock is trading at 69 bucks- not only is this nearly a 200% gain in less than 6 months- but it supports my greater fool theory perfectly.

By creating the illusion that Twitter can actually turn a profit and provide some essential life sustaining function- you can find thousands of people willing to buy this corporate ass wipe on the theory that there will be a greater fool willing to buy Twitter stock at say 90- because bankers and corporate America have convinced people that this is what has "value." A piece of paper issued by a company that provides nothing essential or useful, has no profit, and if it disappeared tomorrow-we'd all be better off.

This is the insanity currently gripping our American landscape. People actually buy this shit. And they make money because there is always a greater fool willing to pay more. That's how it works up until such point when it doesn't work. Like 1929 or 2008.  

Years ago, I had a guy who followed this blog named Rawmuse. Sometime in 2010, while I was lamenting the insanity of QE and the impending economic collapse which included the now 4 trillion in money printing by the FED which has driven our stock market to insane and ridiculous levels- Rawmuse pointed out the painfully obvious to me.

A lot of people are making a lot of money in the stock market and they didn't seem too worried about any economic collapse. Like mice at an overturned cheese truck, they were busy gorging themselves on this new supply of money.

I had to cringe because Rawmuse was right. It has been 2 or 3 years and the banker bastards just keep winning, the market keeps going up, and the greater fools just keep rubbing my nose in it. I haven't seen Rawmuse around here in a very long time. And then...

A very odd thing happened in 2012-2013. Not many noticed...

Right after Venezuela demanded that 100 tons of their gold be returned- suddenly the price of gold went down 200 bucks. Several months later, Germany demanded the return of 700 tons of their gold and what do you suppose happened? The price of gold went down another 500 bucks.

Removing supply should drive the price up, don'tcha think? Well not if you don't actually have unencumbered physical gold. The bankers, realizing that they'd have to return that which was never theirs in the first place, used paper futures to drive the price of gold down to a level that was cheap enough to start buying newly mined gold which they could then buy and deliver to satisfy these claims.

Another couple of odd things happened. Not only did the US say they couldn't return Germany's gold for 7 years- gold allegedly stored in safekeeping- but Germany's request did not bring about a flood of new requests for repatriation. This is quite interesting. Common sense might say "Hey, I better jump in line and get my gold before it runs out." We call these things "bank runs." Banks hate bank runs especially when you are demanding a commodity that they cannot produce nor can they simply fire up the printing press and make some.

What I am saying is this. Bankers have been caught red handed loaning out and hy-pothecating gold that was never theirs to begin with. When I say bankers I mean specifically the bullion banks which are all members of the US FED. Most importantly this includes the world's central banks and the Bank of International Settlement or BIS aka the mother ship of all bankers.

I believe that the BIS and the world's central banks are busy behind the scenes- swapping gold and settling gold claims with cash- telling countries to be patient while they purchase new supply for delivery. Which is precisely why the NY FED can't deliver Germany's gold for 7 years. 

One last HUGE point. There are only two sources of gold supply. Existing or unearthed supply and gold which has yet to be unearthed. Not only is gold hard to find but it is ungawdly expensive to mine. So when bankers drive the price too low, the miners will just quit mining. That means bankers will have to use their own gold reserves to settle claims if they can't buy new supply. They don't want that.

An absolute floor on the gold price in any scenario will not be less than 1000 an oz. I can't see a lesser price even in a horrible deflation scenario and certainly not in an inflationary scenario. Gold at 1000 will cause mines to shutter. Bankers can't kill new supply or they will be forced to deplete already dwindling reserves.  

Gold has never failed as a currency. Gold is money.

The tulip craze ended in Holland when it finally dawned on someone that tulip bulbs were pretty much non essential- kind of like Twitter stock. By that time they had run out of fools with newly mortgaged farms willing to speculate on astronomically priced tulip bulbs anyway.

Eventually the same thing will happen here particularly when the FED stops QE altogether. There will be another collapse, Twitter stock will go to 2 bucks and the bankers will be busy trying to seize assets and save their hides like they did when they hijacked the US tax coffers in 2008. This time around- there will be a huge fight. The bankers think they have the power with their bought and paid for political lapdogs- but I think their position at that point will be utterly defenseless.

In the meantime Rawmuse- where ever you are in Marin County- I miss you. I got a feeling this run is about over. There has always been a generous supply of paper and a scarcity of gold. I think this will be the year when that fact gets proven out once again despite the bankers best efforts to convince you that paper is in such short supply that the DJIA will be bid up to 20,000. Really. 

 



 

A Free Speech Eulogy- The Sunday Collage

We are gathered here today to recognize the death of one of our greatest freedoms- free speech.

The Duck Dynasty debacle is just the latest in the leftist/media attack on anything they disagree with.

Free speech once allowed us to converse like adults. We were not offended by opinions nor did we feel the need to personally attack someone who offered their opinion.

We respected people who shared their opinions with us even when we disagreed. We did not feel "under attack" which is the common thread in today's dialogue. People voice their displeasure and often attack others for their opinions. This attack mentality is brought about by two things.

Insecurity and intolerance.

In short, today's culture takes everything personally. It demands that you agree with it or suffer the consequences.

We can't talk about anything it seems- without offending someone. Either we have become the most insecure nation ever or perhaps and more likely, we have forgotten what is really important.

Diversity. The ability to share thoughts and opinions without suffering an attack. I don't ever tell people what to say nor do I act like a baby when I hear something I disagree with.

That includes terms like nigger, faggot, cunt and all of the other horrible words. I use those three words specifically- because they tend to arouse the most hatred and vitriol- and they are not going to go away anytime soon. They are just words but you'd think that they have some sort of secret, evil power to see the reactions those words conjure up in people. I don't give those words much power. I tend to not use them and what I don't do- is march around the planet like some victim attacking everyone who does use those words. I don't demand your compliance with my unwritten and un-communicated expectations.

Grow a spine America. Quit acting like babies every time you hear something you disagree with.

It's a shame that we have a growing majority who does not understand the utility and importance of free speech. They want to tell everyone how to behave, how to act, and what to say.

Fuck them.

I don't practice conditional tolerance. I practice unconditional tolerance.That includes my card carrying leftist friends who think their opinion is the only one which counts.

Free speech dies when you quit protecting it. Even when you hate it or disagree with it. A lot of people died protecting your right to engage in free speech, Without free speech- we are just a nation of voiceless sheep.

That's one of the big reasons we left England in the first place. Those who hate free speech can always go back. 

The Obama Economy- No QE Taper Possible Before 2014 Elections

Every few weeks, a new Quantitative Easing (QE) rumor begins. I have been following this phenomenon quite closely while consuming and digesting virtually everything that I can read on the subject. In a nutshell...

QE is the FED's way of liquefying the bankrupt banking sector by injecting 85 billion a month. In an inflation sense- this is incendiary. With all of this free money, the bankers and the elite have run the markets to astronomical levels in this pretend recovery. Predictably enough, outgoing Chairman Bernanke (the same guy who saw no bubble in housing in 2007) assures us that the FED can instantly withdraw all of those excess reserves (trillions) sitting around on member banks' computers.

I can virtually guarantee there will be no stop to QE prior to the 2014 elections.

Instead, the FED will simply talk about ending QE by supplying various lines of bullshit to a naïve and unwitting populace. In fact, this has been their modus operandi over the last 9 months or so. Every time the FED talks about ending QE the market tanks- this I suppose simulates a normal market that occasionally sells off.

A risk manager once told me that the best predictor of future behavior occurs when we examine historical fact.

I believe that 2014 will be the year that common sense gets thrown out on it's ear.

Politically speaking, there's not one chance in 100 that the FED will taper or reduce it's treasury or mortgage purchases unless it runs out of supply. If that occurs, they will simply start buying something else- perhaps state debts or student loan debt.

This is a government that manipulates everything- from propaganda in government statistics to the money supply. That is why there is virtually no chance that QE will end in the next year. To stop QE and drive the market to all time lows- would spell disaster for the ruling democratic party. They would lose an unprecedented amount of seats in the 2014 elections.

I don't see any reason to get nervous about the markets or the ultimate economic collapse until the fall of 2014.

Until then, expect the same old bullshit talk about QE ending when it actually won't. Political expediency, or the willingness to forego doing the right thing for your own selfish interests, is the hallmark feature of Obama and the ruling party. There will no reduction in QE prior to Nov. 2014.
I have read nothing about Janet Yellen (and her very liberal husband) to suggest to me that anything will change anytime soon.

Holding stocks seems fairly risk free- at least over the next 9 months or so. I expect gold and silver prices to languish over this time frame as well. The fun won't start until Oct. 2014- then I think things will get quite interesting.

Obama Tells Another Lie, Legacy Media Refuses to Publish the Truth Once Again

We don't have media in this country. We have state owned propaganda distributors.

Here's Obama lying about Syria a few months ago. It's almost like we knew it.

http://www.huffingtonpost.com/2013/12/08/seymour-hersh-syria-report_n_4409674.html