Tag: economy

The Obama Midas touch turns U.S. government policy into fools gold

Posted on by Don

The Golden One and his handpicked apostles (Czars) apparently do not have the Midas touch after all. In fact, the Obama administration seems to be cursed. Everything touched by Obama and his administration turns into fools gold.

The oil has been gushing in the gulf for two months now. I am not blaming Obama for the oil well failure but some of the blame has to go to people like him that create environmental laws that force Oil Companies to drill fifty miles off-shore.  Also, the buck stops with Obama for poor government oversight of BP and for failure to come up with a solution to this problem and the bumbling with the clean-up .… continue reading

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The Obama administration recovery contains toxic bubbles

Posted on by Don

Talk about the Obama recovery makes me want to wear tall boots. The recovery seems to me to be designed to last until after the 2010 fall election. I think the Obama recovery has bubbles filled with toxic tax, toxic debt and toxic economic policies that will burst on America insuring there will be no meaningful recovery during this democratic administration. On the contrary, economic bottom is not even on the horizon.

Even most in government are blind to this because since the days when Vice President Al Gore was tasked to reinvent government, critical thinking among government employees has been frowned upon.… continue reading

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America will default on national debt or have Hyperinflation before 2020

Posted on by Don

I guess you heard that the Congressional Budget Office (CBO) has said our federal national debt will be about $22 trillion by 2020. I think it will be many trillions higher than what they say but don’t confuse our government national debt with our government negative net worth. What we owe in debt and entitlements is now well over $70 trillion and is now increasing by $5 trillion a year.

The obligations we owe exceeds the whole gross domestic products of the world ten times over. People really have to be blind to the facts to think that we can ever repay these obligations in today’s dollars.… continue reading

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Would Christian repentance in America heal the land or would national repentance be required?

Posted on by Don

This article really should be two articles but since the topics relate to the same problem of repentance in America I will try to integrate them. The question is, would Christian repentance in America heal the land or will national repentance be required to heal the land? Too often I hear teachers and preachers say that if Christians will humble themselves and pray God will heal our nation. Is that really true? We will look at this presumption later but first I want to deal with a related issue.

Often you will hear the slogan that “We must take America back” It sounds good but who do “we” take America back from and to whom do we give America to?… continue reading

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Americans should learn the real sorry state of the Union

Posted on by Don

I am sure Obama will spin his own scripted story of the state of the Union at his State of the Union Speech but the state of the Union is not going to be as stated by our lying politicians.

I think Americans should learn the real sorry state of the Union as painful as that news may be. The economy of the Union is not going to recover any time soon, in fact it is going to get much worse. The American economy is really going into an economic black hole. The link gives 20 darn good easy to understand reasons why we are not on the road to recovery.… continue reading

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Brannon Howse interviews Gerald Celente about dire 2010 world trends forecast

Posted on by Don

I have been sitting here listening to Brannon Howse interviewing world trend forecaster Gerald Celente. It was one of the most interesting interviews I have heard in a long time. Celente is not a prophet so what he says will not necessarily take place but I think you would have to be foolish to discount all of what Gerald Celente is saying. The man certainly calls them like he sees them and he does not pull his punches.

Trend researchers study today’s current events that will bring tomorrow’s effects. I see much the same things as Celente coming but I am not as sure of the timing as he is. … continue reading

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2009 was bad but 2010 will be worse

Posted on by Don

I hope everyone had a great holiday season with their family and friends and hope you all will have a joyful new year in Christ.

We have arrived to a new year and a new decade and I know 2009 was bad for many but 2010 will be worse.

Here are seven things to consider in 2010. They are likely to impact us in one way or another.

1. We probably should start in the house of God. How long will God put up with those on TV speaking in his name?  Christians have been putting up with the rats in our Christian TV for quite a long time.… continue reading

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Dubai: excessive debt is but a symptom of excessive world debt everywhere

Posted on by Don

Vox Day in this article on the dire sign of Dubai implies the default of Dubai World is just the start of the unraveling of tens of trillions of dollars in world debt everywhere. The article contains a pretty compelling graph as it compares excessive debt in the world to the 1930’s and world gross national product.

The problem with excessive world debt is not limited to the United States. That is why those who just think only the dollar is going to crash are short sighted. The whole world banking system is going to fail. Many nations have been spending way beyond their means.… continue reading

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The end of all things economic is upon America but there is a solution.

Posted on by Don

I hate to be the bearer of bad news but the plain truth is that there is no way that we are going to get out of this economic mess without defaulting on our debt or just inflating away the value of the dollar until it becomes green toilet paper. The end of all things economic will soon be upon America but if you bear with me I do have a solution.

Those who think there is going to be a major recover are just listening to wishful thinkers and liars. It cannot happen. Banks that hold commercial real estate are soon going to have to reveal a bust as big as the housing crash.… continue reading

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Economic winter is still coming to America

Posted on by Don

I hate to be one old Jack Frost here, but I think that people are being misled by economic fair weather friends. Green shoots in the economy in November does not mean that summer is coming.  We had a economic cold spell and it now looks to be moderating into Indian Summer but winter is still coming to America. The great economic winter of the United States has barely even begun.

This article by Ron Paul tells you to be prepared for the worst.  I agree with Paul, a bad economic winter is still coming to America. Ron Paul thinks we have about a year left before what I call the economic winter hits.… continue reading

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The negative influence on America from the social and economic perversions of John Maynard Keynes

Posted on by Don

The hard left that has hijacked America with flattering lips and lies is now following the economic ideas and even the social beliefs taught by the atheist pervert named John Maynard Keynes. So you really ought to know something about what Keynes taught and believed and where those following Keynesism will take America.

Keynes opposed the free economic system and his views helped form the ideas of the Nazi and Marxist socialist systems. His views today are held by Fabian socialists that now control the Democratic Party of our nation. People who believe in Fabian socialist Keynesism control many of our universities, national media, foundations, and government bureaucracies.… continue reading

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The green shoots appearing in the American economy are weeds.

Posted on by Don

Obama, Bernanke and the gang talk about green shoots as if the economy is about to stage a recovery. It will do no such thing. If you throw enough seeds on the ground your going to get some green shoots but when they grow you find out that they were weed seeds that will now choke out any real growth. That is what the Obama administration is doing by throwing dollars they do not have and cannot borrow at this economic crises. The only thing they will grow out of this manure field is big government socialism and a future where Americans are forced fed weeds.… continue reading

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Spreading the wealth around will cause a revolution. In this great or greatest depression the government should spread the jobs around through a national four day work week.

Posted on by Don

Fifty years ago futurists were saying that by the year 2000 man would be working 10 to 20 hours a week because of increased productivity and automation.  Here we are in 2009 and we are still working the same forty hour week that people did in the 1950’s.

I have a novel idea which I am sure government will have to propose sooner or later as unemployment plagues the land.  In this great or greatest depression the government should spread the jobs around through a national four day work week.  Obama’s plan to spread the wealth around by robbing the productive will just cause a revolution.… continue reading

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We are already at the start of a liberal depression according to Gerald Celente and Doug Casey.

Posted on by Don

Here are two perspectives on the economy from two astute people, one is world trend forecaster Gerald Celente and the other is Doug Casey. Both say that we already are in a depression.

The government lies about unemployment today so many people do not see the real picture. The government says the rate of unemployment is 7.6 percent as of January and they say that this figure does not compare to the Great Depression of the 1930’s when unemployment was 20 to 30 percent. However, in reality the unemployment today is really over 15 percent if government counted all the unemployed as they did in the 1930’s.… continue reading

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Liberals intend to pull a fast one on stupid American suckers

Posted on by Don

The liberals are using the economic downturn as an excuse to get every social program they ever wanted funded in one shot in the name of a economic stimulus package. They now do not have to push new spending bills through Congress and be exposed for the big spending liberals that they are. They just lie and pass a fraudulent bill and call it a stimulus package and the sucker taxpayers do not know the difference.

If you look at what they are putting in this bill it will not stimulate the economy. This is nothing but a big increase in the government welfare state and it will bankrupt this nation.… continue reading

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Under the Democrats and Obama there cannot be a long term recovery and the Republicans will not come to the rescue.

Posted on by Don

The quoted article is the Obama administration through the eyes of Dick Morris. Much of what Dick Morris says will come true but there are many twists and turns that cannot be forecast.

As Morris says only half the nation will soon be paying taxes and the other half will be getting government handouts. How then can the Republicans expect big gains in 2010 and 2012 when the majority in this nations will be dependents of the Democrat government? That makes no sense. Morris also underestimates the power of media to spin all the failures that will occur as necessary pains for later success.… continue reading

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America’s get two-minute warning its goose is about to be cooked

Posted on by Don

Coach Dave Daubenmire gives the nation the appropriate two minute warning in this article and Dave claims to be an optimist. I am more a realist, and like Dave I also think America’s goose is about to be cooked because of America’s amorality and materialistic excesses. Also because we are sitting ducks for terrorists.

I do not think most of those you seen in store on the news on Black Friday spending money like drunken sailors have any intention of paying off what they charged. They are simply looting with credit cards that they will never pay off before the unlawful looting really starts.… continue reading

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The night that brought the old Yankee gravy train down

Posted on by Don

Pat Buchanan sees the economic fix by our government the same way I do. Bush, Obama and the entire Congress are now making the same mistakes that brought us to this crises in the first place and they are now multiplying those mistakes exponentially. Their misguided unconstitutional treasonous policies can only bring this nation down. Within two years the United States will either default on its debts or within five years the USA will inflate their way to the same end result. The consequences to this nation will mean the loss of its superpower status in the world, a break up of the Union and a living standard for most in North America that is comparable to that of Mexico today.… continue reading

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Gerald Celente the world trend forecaster says America is in for a great depression and riots by 2012.

Posted on by Don

I guess I am not the only one who sees a great depression and an American revolution on the horizon. If world trend forecaster Gerald Celente has this one right and I have no reason to believe that he does not have it right, it all goes downhill from here.

Alex Jones’ Prison Planet: The truth will set you free!

The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting revolution in America, food riots and tax rebellions – all within four years, while cautioning that putting food on the table will be a more pressing concern than buying Christmas gifts by 2012.

… continue reading
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The Bailouts are part of a conspiracy leading to the Beast economic system?

Posted on by Don

The bailouts may bring us one step closer to the one world Beast economic system but there are some things said in this article that quite frankly make unfounded innuendos about people in our government and in the financial management of our money that are just not appropriate.

The article seems to paint that since the great depression we have been control by a worldwide conspiracy that is deliberately leading us to the Mark of the Beast system. There is no such conspiracy there is no such evil cabal of men. What is happening is the inevitable results of man’s mismanagement of the world’s economic systems.… continue reading

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