American Currency Downgrade

I get a lot of Email concerning the issue of American currency downgrade. Porter Stansberry has predicted it for a long time. I have read his warnings and watched the news for a year now and it seems that his predictions are coming true, incrementally. This is natural because you would not consider that the world’s powerful would allow you and me to get out before they can fortress themselves against what they are about to do. Now Leeb agrees. I am seeing a consensus tendency in Gue. So I thought to send this copy of Leeb’s presentation out for your information. My previous sending of information from my Thrivent for Lutherans representative was very highly received and doubled my readership. Beware!!, I am not a financial advisor and do not recommend anything (caveat required) but I do want to share with you the stuff I get in my Email that I think is of significance for your consideration. And Yes, I do support Romney and Ryan becuase I think these are two of the brightest and best financial people we have today who are willing to go out and be heckled and smeared in order to lead us out of the morass of our 15 trillion dollar debt before it is too late. And when all of this happens, classs warfare will be meaningless because the super wealthy will also have fortresses and the middle class will already hav e be duped into its’ own self destruction by the politics of jealousy, hate and division. No matter your politics, however, I think the information regarding the possible financial destruction of US dominance in world trade is very inportant for all of us to read. Please click and consider.

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Can US Survive The Government’s Credit Card Mentality?

What follows are facts. Nothing in this essay will be conjecture or opinion. I will make no forecast – at least not in this essay. So please, stop the political name-calling… and grow up. The problems we face are ours. All of ours. It doesn’t matter how we got here. It only matters that we begin to deal with these issues – soon. If we don’t begin to solve these core financial problems, they will certainly destroy our country.
Today, our national federal debt far exceeds $15 trillion. This alone is not a serious problem. The interest we pay on these debts is small – thanks to the trust of our creditors, who, for the moment, continue to believe America is a safe bet.
So… what’s the problem? The main problem is the amount of debt we owe continues to increase at a faster and faster pace. This is exceptionally dangerous for two simple reasons. First, there’s simple math. When numbers compound, the result is geometric expansion. And that’s happening right now with our national debt because we continue to borrow money to pay the interest. And we have done so for about 40 years. Think about it this way: How big would your debts be today if you’d been using credit cards to pay your mortgage for the last several decades?
Even worse, our debts are compounding at an accelerating pace because we lack the political ability to limit the federal government’s spending. Please understand… I’m not pointing the finger at any politician or either political party. I’m simply pointing out a fact: This year’s $3.6 trillion federal budget is 20% larger than the entire 2008 budget. And while our government has grown at a record pace, our economy hasn’t. It has hardly grown at all. Thus, this will be the fourth year in a row we set a record for deficit spending. Never before in peacetime has our government borrowed this much money. And now, it’s borrowing record amounts every year.

Why Bother Trying When Obama and Reid are Going to kill it.

“The Republican legislation, sharply criticized by President Barack Obama, faces certain death in the Democratic-controlled Senate, where all Democrats have vowed to vote against it later on Friday.” This is a quote from a longer article by Associated Press on the Internet

Again and again this writer is amazed that the American people blame the Republicans for our debt problems. They are the only ones working very hard to solve the problems. And if my readers will be even a little fair minded, I am sure that you would agree that it seems meaningless to work hard to propose a solution in the face of withering criticism from President Obama with a promise of a veto and confronted by the constant refrain of “dead on arrival” by Senator Reid.

It is especially galling when both Obama and Reid keep getting on TV and saying compromise, compromise, compromise. But then go on to tell the press that they will do everything they can to destroy whatever it is that the Republicans propose. Actually, although I don’t like to say it, it seems to me that President Obama and Harry Reid are plain liars. They do not care about a solution, they care about their own particular solution. They don’t care what the House of Representatives want they only care about what the Democrats want.

How many Democrats in the house even tried to help pass the Boehner bill? And Harry Reid has already said that every single Democrat Senator will vote to kill the Boehner bill as soon as it is presented in the Senate. And then we read that it is all the fault of the Republicans!! Come on, Harriet!! At least the freshmen Republicans and Conservatives stood up for their principles and did not abandon their election promises. It seems that every single one of the Democrat Senators campaigned on one issue and it is the big issue for them, namely, defeat and destroy the Republicans- to hell with the nation. Shame on them.

Tells Us What You Think. We sure want to Know.

http://news.yahoo.com/boehner-plan-embarrassment-040000090.html

I am including this interview with the leader of the largest tea party group. Please tell us what you think of the article. Warning, if you just going to rant, then don’t bother. We are interested in real and sincere political dialogue on this site. We are not a forum for rant, rave, name call, finger-pointing or other junk. But if you have a reasoned position let us know and we WILL publish it. You ask WHY do I have the warning? It is because on my call in shows on Blog Talk Radio, I get a lot of cranks who merely rage, rant and ridicule people. They are a waste of time. Not as people, of course. Everybody has an opinion. They have a right to theirs and if their opinion is that life is a rant, a rave, a rage and ridicule, fine. They can do that but not on my blog.

Harry Reid is Stopping Progress

the house passed the Cut spending, Cap future spending, and balance the Budget Constitutional amendment bill. As is ALWAYS the case Senator Harry Reid, Democrat, said that the Bill was dead on arrival in the Senate. How is that compromising Harry? Anyway, There was great public call in and email and write in to give the Cut, Cap and Balance bill a hearing. Instead Senate Democrats decided to “table” the bill in the Senate which means that the Democrats decided not to even read, discuss, debate or attempt to amend the House passed bill. The House tries to solve the debt problem and the Senate says, “dead on arrival” and then the President says that even if the Senate passes it, he will veto it. How is that compromise? But then President Obama gets on TV and tells the nation that the problem is that the “other guys”( Republicans) will not compromise!! So it looks like we have some really game playing here. First, it is the President who is supposed to propose the budget. But Obama says that “ain’t my job , man!” Instead he throws his responsibility upon the House Republicans and takes the role of scolder, demander and whiner in Chief. So the Republicans take the responsibility because it is obvious the Democrats will not. The propose the Ryan Plan. Not perfect but a very reasonable plan. But Harry Reid, Democrat of the Sem=nate says, ” Dead on Arrival” But Reid then goes on TV and says that the Republicans will not compromise. The Obama says that any plan that does not meet t=his criteria will be vetoed. But after that Obama goes on Radio and complains that the Republicans will not compromise. So the House passes the Cut Cap and Balance Bill and Reid refused to compromise…instead he shouts, “Dead on arrival” and goes to the cameras and complains that the Republicans will not compromise. Now the Republicans try again with the Boehner Bill but already Reid says, “Dead on Arrival”nd Obama says “I’ll veto it” and then both go on TV and say, ” it’s the Republicans fault because they will not compromise.” I believe the American people are a fair-minded people and although they may be calling the Republicans with the message, “Fix this mess.” I think they can now see that they need to replace the not compromising Democrats at the nest election so that we can get back to functioning government. It is obvious that the Democrats do not care about functioning government, all they care about is making sure that anything the Republicans do is eith “Dead on Arrival” or Vetoed.

Obama Scolder and Demander in Chief

After last week’s talks broke down, US congressional leaders got a scolding from
President Obama Saturday morning and have been working steadily since then. They
hoped to be able to show enough progress by Sunday afternoon EST to avoid
spooking Asian markets, which open Sunday evening EST.

This comment on the wire services deserves comment.

Firstly, I am amazed that an US citizen would say that the President of the USA has the right to scold the elected Representatives of the Congress. What are we? Is Obama the big daddy and we the little wayward children? That is absurd.

Secondly, what makes the writer think that Obama has some kind of edge here. He does not. As I remember the process, it goes like this: The President proposes and the Congress disposes. Obama has turned this upside down. He demands that the House of Representatives produce a budget to which he will agree. That is ass backwards.

Thirdly, the writer does not care to mention that there are no researched, written proposals on the part of the President or of his administration concerning the actual makeup of the budget. All that Obama does is crack the whip, make demands, scold, wag his finger, complain and whine that the other guys are not carrying his load for him.

The President needs to stop being the preacher, the parent, or the teacher. He needs to stop demanding, criticizing, blaming and name calling. He needs to stop whining and get to work proposing actual money figures. He needs to propose legislation in a legislation format. Up til now, he makes a speech about something and then tells the legislators to get to work and turn his speech into actual practical possible legislation. Hey,Mr. President, as you maybe have not noticed, but if you are as brilliant as your media friends say you are, then you should have noticed that your way of thinking and doing is false, phony and completely not doable.

The Republicans have worked very hard for America. The put forward the Plan named “the way forward” AKA also known as the Ryan plan after US house of Representatives member Mr. Paul Ryan. But instead of engaging this viable plan, Democrat Senator Harry Reid called it “Dead on Arrival at the Senate.” That was months ago and if the Democrats did not like it they could have done their jobs by examining it, debating it, amending it and passing their own form of it . This amended form would have gone to a joint committee of both the house and the Senate a compromise reached for the passage of a bill which would have raised the debt ceiling, made appropriate cuts, hemmed in spending and guaranteed the viability of Medicare and Social Security. Instead the Democrat controlled Senate nixed it without debate and refused to compromise.

Then the Republican leaders tried to meet with the Democrats of the Senate but were refused because the price of admission set by Democrat Harry Reid was that the Republicans do it his way or they could forget about even meeting.

Then we get this Gang of Six bi partisan proposal which raises the debt limit for Obama and then merely directs, suggests and proposals possibilities for cutting US Spending. Senator Rand Paul said that the Gang of six proposal was a bunch of crudely formulated suggestions for a way to get things done; a suggestion that others get to work in the coming year and figure this thing out. He said on Sean Hannity that the so-called “Gang of Six” proposal is not in any way formatted as legislation. By the way, this Gang of Six proposal was refused by Obama in December.

Then we have the House of Representative pass the Cap and Balance bill which also raised the debt limit and seriously address the 14 trillion dollar deficit. Again the Senate did not debate the bill, nor seek to amend it and go to compromise committee but Democrat Senator Harry Reid marshalled his Democrat majority in the Senate and defeated it instead of engaging it, modifying it and compromising.

Meanwhile back at the White House we have the President engaging in an illegal war of criminal aggression against the people of Libya. He is also playing B ball and golf and having parties at the WH. And when he constantly since January 2011 reminded of the looming budget crisis he shrugs it off and blames everything on Bush and Boehner.

The President needs to get to work tonight to research, develop and propose a budget for the USA. He does not have one and it will take him months to make one. So the question is, “What Has Obama been doing?” The answer, sadly, is that he has been doing and continues to do nothing.