Saturday, January 29, 2011

QE Kills

I'm going to save the "I told ya so."  At many times we forget that 2 + 2 = 4.  No matter how many people say the solution is 5, their ignorance (or deception) can't stand in the face of current events.

The violence in Egypt and Tunisia along with protests in Albania, Jordan, and Albania are such current events.

Quantitative Easing (QE) has pushed global food prices so high that people in fragile economies are going hungry.  These people aren't protesting and turning violent because of a political or religious ideology--they are out of food.  This creates the kind of desperation that inevitably leads to violence, and even revolution.

Sunday, January 23, 2011

State Bankrupcty

The idea to allow states to declare bankruptcy demonstrates just how dire the situation is for some states.  Make no mistake, we are being prepared for what is to come by people making it all sound perfectly normal.

The Federal government will have two choices should a state become insolvent...

      1. Bailout
      2. No bailout 
Bailouts have become politically untenable not to mention unsustainable as we saw with TARP--like a junky, one is not enough.  However, a state going belly-up is also unprecedented (get used to that word). 

Sunday, January 9, 2011

We Live in Dangerous Times

While the crazed lone gunman is certainly dangerous, what's infinitely more dangerous is the goals of the radical left and how this tragedy is being shaped by media to suit their agenda.

We now know that Jared Loughner was crazy.  There's simply no better way to describe him.  I have reviewed his YouTube videos and some of his writings.  It's going to be hard to put this monster into any stereotype or ideology, but there's one that certainly doesn't fit; Conservative.  Among Loughner's accomplishments was a drug charge, being rejected from the US Army, and failing to hold stable jobs.  He was an atheist and cited Mein Kampf and the Communist Manifesto as his favorite reads.