Obama’s Risk to Recovery
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Let’s hope that citizens pay attention to this urgent debate (I think they are) and clearly voice their choice for our future. Most Americans will probably opt for the more traditional proposals by Obama than for Ryan’s plan to dismantle the middle class support structure. Either way we need to pay for what we get from our government.
“We need to pay for what we get from our government”???????? Anything the government “gives” it had to first take from you! What you get has ALREADY been paid for. Or borrowed from your grandchildren. No government has any money of its own.
Whatever the “choice for our future” I can assure you you’ll be disappointed.
LOL, nothing like a brain dead leftwinger……
Wow Superdobbs that was just so profound LOL.
Rog,
Excellent insight today! I agree with everything you said. Obama is starting his campaign with his agenda of distribution of wealth and growning the government. Hard to believe how any American can still support him. Thanks for telling it like it is so we can prepare.
Rog: I’m with Fred Jones, above, on this one. I think the Ryan budget proposal is bogus too.
Thanks Trader Rog, I now know what to do, Buy more silver and gold. Thanks
Hi Rog, I normally agree with you but saying a world war is coming in the near future, is quite frankly bonkers. Who is going to fight who? Sorry you are wrong on that one
I read not long ago that people were saying in the 1907-1909 timeframe that war in Europe could not happen because the economies of Europe were all too integrated and inter-dependent. Just like now with the world economy and globalisation. World War I followed a few years later and it cut short the lives of millions of our young people, British, German, French and others. Soldiers were shot by their own officers for walking away from the carnage on the front line. The 25 years later, we did it all over again.
Nigel,
Just look at History! We don’t have any friends anywhere in the world, thanks to our current President! Iran, North Korea, Russia that’s just a couple. I suspect that after Israel is fully surrounded, which they are awfully close to now that they are just waiting to start to defend themselves with their more than capable army. This is where it will all start to implode. Frankly, I think it will be much sooner than two years from now. Have a great weekend.
Agreed Rog, this is the Great depression 2.0, And 100% agree with you about the upcoming war. Its a sad time we live in. People need to take back there liberties.
But who is going to have this WW3? The terrorists have limited arms…and Russia and China are not interested, they dont get involved these days…I dont see who is going to want to get in a war…
Nigel. wait till we attack Iran, then i belive Russia & China will be involved, not just a bit, but prepare. and who are the terrorists? think about it.
it’s true you never know what the future might bring…
Hi Trader Rog.
As per normal your SPOT on target, (they always say your taking flack if your over the target) the day after the election i woke up and said wow now im a socialist! Myself im a libertarian, Ron Paul fan, pro American, Are we in a depression? Heck yea. have been for several years. I really don’t think it matters if your a demipublican, or a republicrat! both sides are together against the people. A world war. Of course when we attack Iran which will happen, watch out! Prepare, Prepare and did i mention Prepare. Paul S is right, buy more silver & gold! its the only way to keep wealth!!!
God bless you and yours.
fat ivan
Hi Roger,
I agree with your criticisms, but have to disagree with any implication that the republicans have anything meaningful to offer in the way of solutions. Let’s not forget that it was the republicans who presided over a good part of USA, Inc.’s balance sheet destruction with their unfunded wars. While I’m no fan of taxes, to ramp up spending so dramatically while cutting them is akin to someone buying a bigger house and then cutting his hours at work. Credit risk obviously rises. So Bush delivered the first leg up for gold, while Obama will deliver the moonshot with his “Bush on steroids” policies. U.S. solvency is one component governing $ value, U.S. hegemony in the middle east is another. The theater in the middle east looks to me like cover for the great reset. Just think, if we lop 90% off the denominator ($) virtually overnight, GDP, at least theoretically, (and Keynesians love their theories) would jump from $14 T to $140 T while outstanding debt remains the same. Voila, solvency restored and society is 90% poorer……..but this is getting off topic.
WW3 is likely to be right here in North America. It is called revolution. The Federal empire is collapsing, but not before it goes to war against the US. The Name of our country is The United States of America, it is not called the Federal Government of North America. It is time for the States to nullify and remove all conflicts of the Federal Government within the US. In other words, Obama is likely to be president of only the White House and maybe Washington D.C. if his fellow D.C. citizens will have him.
US dollar is going to zero and will not be used in the numerator to buy anything soon. This will be the end of the Federal Empire.
It is actually THESE United States, not THE United States. This is an important point regarding state sovereignty.
Obammie calling anyone un-American is rich.
He should just go back to Kenya where he belongs.
So President Eisenhower must have been really un-American with the top maringal income tax rate of 91% in the 1950s. Should he have gone back to Germany?
Do you really think that any president has any say whatsoever what the tax rates will be?!
An assertive president can lead the Congress to enact new income tax rates, such as Reagan’s plan to lower taxes in 1981 and Clinton’s to increase them in 1993.
Reagan lower tax rate for the rich by transferring the social security trust fund to the general revenue fund. He started the tax on social security. He started the plunge protection team (PPT) so he could manage the stock market due to his bad policies.
Trickle down economics – destroys the middle class by transferring wealth to the top. His deficits don’t matter mantra is why we are in this mess.
Reagan didn’t do anything but follow orders. Likewise, Carter had nothing to do with the soaring interest rates, but he was sure blamed. Homework guys.
“The real rulers in Washington are invisible, [and] exercise power from behind the scenes.” Felix Frankfurter, U.S. Supreme Court Justice, 1952
Sounds good to me!
Wow more racism. You guys are making conservatives look bad. Seriously this is not the way to get your message across. I agree that trickle down economics doesn’t work. Our tax system allows some pretty crazy loop holes, all of the talk about the US having the highest corporate tax rates is absurd. Even Buffett said “please tax me more please”.
Okay, the U.S. is 29 basis points behind Japan (39.25% vs.39.54%).
Our “pretty crazy loopholes” are designed for such disingenuous shills as Mr. Buffett.
Get a clue.
And BTW, I respect Walter Williams as much as any person on this planet. So much for my alleged racism, bozo.
Why is this racism?
The issue has nothing to do with race. Obama has never produced a valid birth certificate. In my opinion he is not even a legal citizen of the United States.
“States rights” and nullification are unrealistic nonsense served to appease those who are understandably upset with current national circumstances. The states are nothing on their own. What foreign country would accept in trade any currency issued by Iowa? Let Texas or Oregon defend itself against an attack by China or Russia and we’ll see who wins that one. To paraphrase our founding fathers, the states will have to hang together or hang separately.
Stunning. What moron would accept the dollar? Before you go-a-makin’ a list, understand that those 700 odd military bases the U.S. keeps around the world amount to a protection racket. Before those bases, the dollar was happily accepted because it was backed by gold. The founders (the good ones anyway), were adamant that debt should NOT be allowed to circulate as money. If one dollar was still defined as 371.25 grains of fine silver as it was as recently as 1964, it would be worth over 30 of what you think is a dollar today. A gallon of gas would cost about 13 cents. Iowa would likely understand that balance sheets don’t matter if sound money is used. There’s a reason gold is considered “honest money” you know. Your statement about the states “hanging together” has no bearing on the argument for state sovereignty.
Thomas Jefferson must have seen you coming when he said:
“It is always better to have no ideas than false ones; to believe nothing, than to believe what is wrong.”
Zombies are out in force tonight….
Thanks Ken! I wasn’t sure what to expect, but that was brilliant. Now if only the zombies here would watch. Hardy Har, Har!
(The link didn’t work for some reason; if you copy and paste it’s fine.)
Glad you liked it.
I probably should have been more explicit but I have an obtuse sense of humor.
I think I have enjoyed reading the blogs on today’s editorial more than any of the previous. The variety of opinion is great! The perspectives of the different sides of the issues are enlightening! I’m almost afraid to wade in here lest I spoil it. I feel like I sneecked into the concert for free and am having such a great time, I’m about to wet myself. And Trader Rog started it all. Go Rog!
“I feel like I sneecked into the concert for free and am having such a great time, I’m about to wet myself.”
I think Big Al and Trader Rodge will let you stay, but just make sure you tip them generously on the way out. And you’ll find the restrooms at the end of the concert hall. 🙂
Rog shows his true strips – corporatist.
Corporatism = The New World Order – Ron Paul
Wow. With analytical abilities like that, you must be a terrible investor.
Rog:
As usual you are on target.
Dutch
Wow : come on people, repubs are run by nut cases like sharon angle and sara palin. and no one can crash medicare and so. sec. and get senior votes. Obama isnt great but who in repub party is interesting ??? i keep buying wheat , oil stocks and gold, 12 people in repub party all want to be president, and they are all very boring.
the expected World War will be in the Middle East and will be fought over oil. That is what the current three wars are all about. As too my investing I’m over 100% each year the last 4 years but broke even on the Lehman year where I was up 223% by early may- have a good day roger
Roger, my “terrible investor” remark was directed at Har! Not you. I said it because I believe he is WRONG about you and Ron Paul.
Regards,
Matthew
HAH! You have to read this!
BOVARD: Uncle Sam’s big plans for your hard-earned tax dollars
http://www.washingtontimes.com/news/2011/apr/14/its-time-to-shut-down-the-irs-148003798/
Americans unite!!!
Vote Obama, the hate filled-racist, out of office in 2012!!!
Al, I think you may want to moderate some of the postings. This is highly offensive. The far right and far left simply have very different ideologies, how this equates to hate, and racism? I think someone may have been watching too much Glenn Beck.
Shutting people down offers no path to enlightenment. Government and media-cultivated hypersensitivity, political correctness, and hysteria are designed to make anything important off limits for discussion. Everyone has to tippy toe around fragile people like you because you took the lessons on Sesame Street too far. Are you so weak that you can’t simply disagree with a comment and move on?
The fact that you think Obama is a racist only proves how much of an idiot you are. Path to enlightenment LOL.
Learn how to read ding dong. Superdobbs said that, NOT ME.
I merely defend his right to say it. I will also defend your right to be a moron.
Dyslexics Untie!!!
LOL, I think it’s time to moderate hate-filled left wing fanatics like you.
LOL, I dont even watch Glenn Beck, but I spend a lot of time at kitco.com and the kereport.com……
Roger, I respectfully disagree with everything you said.