Thursday, March 28, 2013

Yeah But.....

They may be smashing records? But where are the jobs? And what about inflation? What about the price of food and gasoline? What about the stagnant economic growth rate of 0.4%?   Smoke and mirrors people. The big crash is right around the corner.

Record-Smashing Quarter: S&P 500 Ends Above 2007’s Record Close, Dow Posts Best Q1 Since 1998

Published: Thursday, 28 Mar 2013 | 5:28 PM ET
By: CNBC.com Writer



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Stocks closed out the first quarter on a high note with the S&P 500 piercing through levels last seen in 2007 to end at a record high near 1,570 and the Dow logging its strongest quarter in 15 years.
(Read More: After April Showers, Market Could Spring Higher by Year End)

The S&P finally surpassed its closing high level of 1,565.15 shortly after the market open after flirting with the milestone for weeks, recovering all its losses from the financial crisis. The next milestone for the index is its all-time intraday high of 1,576.09, set on October 11, 2007.

Wednesday, March 27, 2013

Which way is the wind blowing today?

 Which way will the supreme court rule on the defense of marriage act? Some seem to think that justice Kennedy, the traditional swing vote holds the key to the court's decision. I say people are forgetting about the real swing vote and the true liberal mole now on the court and his opinion. There is absolutely no telling how justice Roberts will vote on anything now. 

Look for the sweeping ruling. Count on it....

Supreme Court hints that it won't issue sweeping ruling

In a historic oral argument on a challenge to state laws that limit marriage to heterosexual couples, the Supreme Court indicated Tuesday that it might not strike down such laws.
The justice whom many observers view as the swing vote in the case, Justice Anthony Kennedy, voiced worry at one point during the argument that proponents of same-sex marriages were asking the court to issue a decision that would “go into uncharted waters.”
After the oral argument, Pete Williams of NBC News reported that it seemed “quite obvious that the U.S. Supreme Court is not prepared to issue any kind of sweeping ruling” declaring that same-sex couples have a constitutional right to marry.
Williams said there seemed to be “very little eagerness” from any of the justices to “embrace that broad a ruling.”

CNN's answer to Kathy Griffin's Raunchiness?

 CNN'S answer to Kathy Griffin's new years eve raunchiness, is to give her and the object of of new years phallic admiration (Anderson Cooper) their own TV show. A comedy show no less. really?

Net result? you have a trash mouthed (#@^%!) paring with an avowed media homosexual for daily laughs and CNN is sponsoring it for our benefit. LOL!!!!  Sounds like the new show is sure to be a laugh riot and a seed bed for reams of that cheeky intellectual avante guard humor that the left thrives on and actually that believes they invented.

 

CNN Eying Anderson Cooper-Kathy Griffin Series?

Anderson Cooper and Kathy Griffin may make their popular New Year’s Eve specials a regular thing. I hear the duo filmed a pilot today at the CNN studios in the Time Warner Center in New York. Details about the hourlong project are sketchy, but I’ve learned that it had a lot of humor in it and filmed in front of a live audience — which I hear included new CNN topper Jeff Zucker. While it is unclear whether the project is definitely for CNN, Zucker has been looking to shake things up at the ratings-challenged cable news network by adding more mainstream entertainment fare. The annual New Year’s Eve pairing of Cooper and Griffin draws solid ratings and generates a lot of headlines with racy moments like Griffin getting up close and personal with Cooper’s private parts this year. It is also unclear how the new project would fit in with Griffin’s weekly talk show on Bravo, where the comedian has been a fixture for almost a decade and has won two best reality program Emmys for her series My Life On The D-List.

Tuesday, March 26, 2013

President: A Stressful Job

Being president must be a stressful job. As must be the title of first lady. Or first child for that matter. Hells Bells!  It is probably terribly stressful being the first dog!  They all need a break!  Every month!  Perhaps every week!  Who knew?

Meanwhile, American airports are closing, workers are being furloughed and the economy remains in the crapper. But all is well in the world. We found 500 million to give to the Palestinians and as always, there is plenty of money for the monthly Obama family vacations.

Where to this month?
In the first three months of the year, members of the first family have been on three vacations, averaging a vacation a month. And now it's being reported that the first daughters are on a spring break vacation in the Bahamas.

Obama Photo
AP / Steven Senne

The Obamas began the new year in Hawaii. "President Obama departed Hawaii this morning for Washington, after spending NINE days vacationing with family and friends in his native state. Here’s a quick look at how he spent his vacation," ABC reported on January 6, 2013.
"Obama played FIVE rounds of golf with SEVEN different partners, spending roughly THIRTY hours on TWO different courses on Oahu. The president made FIVE early morning trips to the gym at the nearby Marine Base at Kaneohe Bay. The First Family spent TWO afternoons enjoying the beach on the base and went for ONE hike to a local waterfall. The president spent ONE father-daughter afternoon with Malia and Sasha, bowling and going out for shave ice, an annual tradition."
Then the first lady and their daughters vacationed in Aspen over President's Day weekend. "First Lady Michelle Obama arrived in Aspen on Friday afternoon and is here with her daughters for a ski vacation," Aspendailynews.com reported in February. "Few details about her trip were available. Sources said she is staying at the home of Jim and Paula Crown, owners of the Aspen Skiing Co. She is reportedly skiing at Buttermilk today, where the Crowns, of Chicago, own a home on the Tiehack side."

Coming to a neighborhood near you soon

 While most Americans are oblivious to the news and stay more tuned into reality TV shows than their rights and their future, the federal government is quietly and systematically preparing for something. What that something is is entirely up to your individual interpretation.

But let's see.  Homeland Security bought up over 2 billion rounds of ammunition in the past year. "For training."  Training against what? There is enough ammunition there to wage a war for over twenty years. DHS and FEMA are stockpiling medical supplies and disaster preparedness food and creating dozens of FEMA "disaster" locations. These same agencies are sending thousands of up armored combat vehicles to local police agencies in preparation for what.

This must be in preparation of the great Easter egg hunt. Either that or there must be something to the rumors of the Zombie apocalypse. If you were placing bets, where would your money be?

More bullets for the Feds.
While the Department of Homeland Security continues to ignore members of Congress demanding to know why the federal agency is engaged in an apparent arms build-up, the DHS has just announced it plans to purchase another 360,000 rounds of hollow point ammunition to add to the roughly 2 billion bullets already bought over the past year.
The DHS has now purchased over 2 billion rounds of ammo.
A solicitation on the Federal Business Opportunities website details the DHS’ plan to purchase 360,000 rounds of “Commercial leaded training ammo (CLTA) Pistol .40 caliber 165 grain, jacketed hollow point.” The bullets are to be delivered to the Federal Law Enforcement Training Center in Artesia, New Mexico, the same destination for 240,000 hollow point rounds which were purchased only last month.
Although the DHS has attempted to explain its mammoth purchase of ammunition by claiming the bullets are being acquired in bulk to save money and that they are for training purposes only, this has been disputed by reputable voices such as former Marine Richard Mason, who told reporters with WHPTV News in Pennsylvania earlier this month, “We never trained with hollow points, we didn’t even see hollow points my entire four and a half years in the Marine Corps.”

Friday, March 22, 2013

Ammo? Beg, Borrow or........

Something that is happening (has happened) that has gotten very little media notice is the Homeland Security buy up of ammunition. A billion and a half rounds of ammunition to Homeland and IRS and other federal agencies over the past three months. Meanwhile, the average citizen cannot find ammunition at local retailers and this has now become and issue for local police departments. So why does the federal government, specifically Homeland Security and the IRS etc. need enough ammunition to fight a twenty year war? Americans had better be asking themselves those questions and demanding answers pretty damn quick or else they may find themselves on the receiving end of that ammunition somewhere in the future.

 

Police Departments Beg And Barter For Ammo While DHS Buys Up 1.6 Billion Rounds In Past Year

The nationwide shortage of ammunition has left many police departments scrambling to get their hands on the necessary rounds - with some even bartering among each other.
Meanwhile, Rep. Timothy Huelskamp (R-Kansas) says the Department of Homeland Security (DHS) has failed to respond to multiple members of Congress asking why DHS bought more than 1.6 billion rounds in the past year.
Police Chief Cameron Arthur of Jenks, Oklahoma says, "Ammunition and assault weapons in general have skyrocketed...In addition to the fact, not only is it a lot more expensive, but the time to get it could be six months to a year, or in some cases even longer."
Arthur says he is waiting on an order placed last October and that many departments have begun to trade and barter with each other because of the high demand.
"Most police departments are having a very difficult time even getting the necessary ammunition for handguns, shotguns and especially rifles," Arthur said.

Wednesday, March 20, 2013

Some Catholics do as they please. The Vatican winks and nods.

I guess as long as you are politically connected, it doesn't really matter whether you adhere to the teachings of your faith or the standards that the rest of the congregation of faith are held to. Glad to see that everything is still humming right along as always at the Vatican. Changing popes doesn't really change anything when it comes to the status quo of church politics apparently and the demonstrations of liberal tolerance projected by church leaders.

Despite abortion views, Biden, Pelosi receive Communion in Vatican Mass





Vice President Joseph R. Biden and House Democratic leader Nancy Pelosi both received Communion during the Mass to celebrate the installation of Pope Francis in spite of their pro-choice position on abortion.
The vice president’s office confirmed Tuesday night that both he and Mrs. Pelosi took Communion during the Mass at St. Peter’s Square in Rome.
Some Catholics argue that politicians whose positions on abortion and contraception conflict with church teachings should not receive communion.
“Vice President Biden and Nancy Pelosi should certainly not receive Communion, either at the papal installation or anywhere else. Communion means ‘union,’ and they are not in union with the church on the most fundamental moral issue of the right to life,” said the Rev. Frank Pavone, founder of Priests for Life, a U.S.-based Catholic anti-abortion organization.
He predicted a “public uproar” if they took Communion.

So who is responsible for that

In the history of presidential visits abroad or domestically, i have never heard of a presidential limo 'breaking down' and a back up having to be flown in. they always have more than one with them. And who is responsible for fueling these things? You would think that was someone's specific job and that something like this would be impossible. Apparently not.
Barack Obama's limousine.
President Obama's limousine. One of the fleet is being flown to Israel from Jordan to replace its poorly friend. Photograph: Handout/GPO via Getty Iimages
One of the limousines in Barack Obama's fleet has broken after reports that it was mistakenly filled with the wrong fuel at the start of the US president's visit to Israel.
Another limo is on its way from Jordan, according to Ma'an News agency, citing Israel's Channel 10, to replace one that was filled with diesel instead of gasolene.
Ma'an reports:
Hebrew-language websites described the malfunctioning limo, brought from Washington specially for the visit, as the first unforseen incident during Obama's three-day visit to the region.
Obama is scheduled to leave the airport to Jerusalem in a helicopter. A parade of Black Hawk helicopters will follow the presidential helicopter carrying his delegation.

Tuesday, March 19, 2013

Just a Fun Loving Kid





What is it about these so called American celebrities and sports stars that makes them gravitate toward communist dictators and sing their praises?   All he wants to do is listen to disco music and watch sports? Really?  And seeing as he and Obama both like basketball, they have something in common.

I am pretty sure that Adolph Hitler and Joseph Stalin liked to eat, but just because I like to eat doesn't mean that we have anything in common.  I seriously wish that Dennis Rodman and Sean Penn would hop a fast freight out of America and never come back. Let them go live in bliss with their depot buddies and leave the rest of us alone and ignorant to their stupidity. .

Jong-un is a fun-loving “kid” who would rather listen to pop music than start a nuclear war, his new best friend Dennis Rodman claims.

Instead of dreaming up ways to annihilate the West, the Supreme Leader spends most of his free time watching American sports and listening to 1980s disco tracks, according to the oddball retired US basketball star.
In an exclusive interview with The Sun, multi-tattooed Dennis insisted: “Kim is not one of these Saddam Hussein-type characters that wants to take over the world.
“He doesn’t want to kill anyone — he wants to talk peace.”

And after letting slip that Kim might have recently fathered a successor, Dennis added that the chubby despot is only being forced to act tough towards the West by the menacing generals who surround him.
The former Celebrity Big Brother star last month became the first outsider to hang out with Kim at his marble-clad palace in North Korean capital Pyongyang.
And he claims he returned from his trip with a message of hope for President Obama. He said: “Kim told me to pass on a message that he said is very important. He said, ‘Tell President Obama to call me. Because if we can talk, we can work this out.’ There is no need for war. Kim doesn’t want to bomb anyone.
“He loves basketball and so does President Obama, so they have that in common — and there is even more they could talk about if Obama would just pick up the phone and call him.”

Monday, March 18, 2013

The Devil Is In The Details

You decide......There is an obvious resemblance and the meaning of that has to pique people's interest.

Why does the devil in 'The Bible' look exactly like President Obama?

Sunday evening's episode of the History Channel's hit series 'The Bible' threw up an awkward coincidence when viewers noticed that Satan bore a remarkable resemblance to President Obama.
Twitter exploded into life during the airing of the latest edition of the Mark Burnett-produced series with most noting the striking similarities between the 44th President and the devil played by actor Mehdi Ouzaani.
The show has been a surprise hit in the ratings, with the religious mini-series attracting 13.1 million viewers on Wednesday - topping television leviathan American Idol's 12.8 million viewers on Wednesday.

The resemblance between Moroccan actor Mehdi Ouazzani (left) and President Obama left some viewers of 'The Bible' taking to Twitter to express their amazement

Spooky: Viewers noted the Devil from the History Channel series 'The Bible' Satan looks similar to President Barack Obama

The New Gold

The new gold isn't gold. The new gold is ammo. Those who have it will be able to barter above and beyond the value of simple gold coins. Homeland Security and other federal agencies have bought billions of rounds of ammunition over the last six months. The government is stockpiling ammo, food and medical supplies.

Smart people will do the same. The government can't be wrong. Right?

Thousands Line Up Outside Cal Expo Gun Show To Buy Ammunition

Thousands of people lined up for hours outside Cal Expo to buy ammunition. The line wrapped around the building for the first day of the two-day gun show.
You’ve heard the early bird gets the worm. At the Crossroads of the West gun show it couldn’t be truer.
“We got here at 5:45 a.m.,” said one person. “We were 64th and it took us 3.5 hours.
“”This is for my rifle,” said an attendee.
Ammunition is a hot commodity at Cal Expo.
“I was planning on buying some ammunition around here but the line actually wrapped around the building,” said Galen Miller.
“What many people are coming for is ammo because there isn’t any available in the traditional channels,” said gun show owner Bob Templeton.
And the heated debate on gun control is prompting some gun owners like Miller to stock up.

Saturday, March 16, 2013

A New WIng Emerging

Finally..... A new wing of the American conservative party is rising. This is not your father's GOP anymore folks and it's about damn time. I could never vote for the father, but I can vote for the son. Americans need to pay close attention to what the democrats and Obama have done to this county and by the time we get to the 2016 election, I am relatively sure they will have. It is time for a new star rising and Rand Paul is that star. Forget the Jendals, and the Rubio's and the Ryan's, Paul is the one who will lead his people out of the desert and back into the promised land in four years.And in my mind's eye? He reminds me a lot of Ronald Reagan.
 

Rand Paul wins The Washington Times-CPAC 2013 Straw Poll


Sen. Rand Paul won the 2013 Washington Times-CPAC presidential preference straw poll Saturday, and Sen. Marco Rubio was a close second, easily outdistancing the rest of the field and signaling the rise of a new generation of conservative leaders who will take the Republican Party into the 2016 election.
Mr. Paul won 25 percent of the vote, and Mr. Rubio collected 23 percent. Former Sen. Rick Santorum was third with just 8 percent, New Jersey Gov. Chris Christie — who was not invited to speak at the three-day Conservative Political Action Conference — was next with 7 percent, and Rep. Paul D. Ryan, the GOP’s vice presidential nominee last year, was fifth with 6 percent.

Wednesday, March 13, 2013

San Francisco won't tolerate islamaphobia

But they will tolerate Jihad against Christians and the rest of the world. Or at least their bus ads will.

Tuesday, March 12, 2013

So.....it looks like war with Islam?  It will be interesting to see how he dances on the head of a pin on this one. Will he carry out his planned visit? Or will he bow to the militant Arab world. I am thinking the latter.

‘Declaration Of War’ If Obama Visits Temple Mount

A Palestinian man prepares to throw a snowball outside the Al-Aqsa mosque compound in the old city of Jerusalem on Jan. 10, 2013. (credit: AHMAD GHARABLI/AFP/Getty Images)

 Hamas is warning that if President Obama visits the Temple Mount it would be a “declaration of war” against the Islamic world.
Israel National News reports the terror group made the threat during a protest march at the religious site following riots on Friday.
Mushir al-Masri, a Hamas spokesman, called for a third intifada if Obama visits the contested religious site in Jerusalem’s Old City between Israelis and Muslims.
Public Security Minister Yitzchak Aharonovich believes the warning will lead to violence flaring up in the region ahead of the president’s visit.
“The Palestinians have not said the final word yet and we expect that there will be attempts to take advantage of the upcomingevents, like the visit by Barack Obama, in order to continue the violence,” Aharonovich told Israel National News.
White House officials have said Obama doesn’t plan on visiting the Temple Mount during his trip.
Both Israelis and Muslims have claimed sovereignty over the Temple Mount since Israel liberated the site during the 1967 Six-Day War. Israel left the Waqf in charge of the compound.

Monday, March 11, 2013

Enough For 20 Years of War

Homeland Security is preparing for war. Question is..... a war where and a war with who. For all intents and purposes, it is looking like that war is with you and me and it will be right here in America.

 

1.6 Billion Rounds Of Ammo For Homeland Security? It's Time For A National Conversation



Soldiers from the 41st Infantry Regiment, 1st ...
Armored Personnel Carriers in Baghdad. (Photo credit: Wikipedia)
The Denver Post, on February 15th, ran an Associated Press article entitled Homeland Security aims to buy 1.6b rounds of ammo, so far to little notice.  It confirmed that the Department of Homeland Security has issued an open purchase order for 1.6 billion rounds of ammunition.  As reported elsewhere, much of this purchase order is for rounds forbidden by international law for use in war, along with a frightening amount specialized for snipers.  Also reported elsewhere, at the height of the Iraq War the Army was expending less than 6 million rounds a month.  1.6 billion rounds, therefore, would be enough to sustain a hot war for 20+ years.  In America.
Add to this perplexingly outrĂ© purchase of ammo, DHS now is showing off its acquisition of heavily armored personnel carriers, repatriated from the Iraqi and Afghani theaters of operation.  As observed by “paramilblogger” Ken Jorgustin last September:
“[T]he Department of Homeland Security is apparently taking delivery (apparently through the  Marine Corps Systems Command, Quantico VA, via the manufacturer – Navistar Defense LLC) of an undetermined number of the recently retrofitted 2,717 ‘Mine Resistant Protected’ MaxxPro MRAP vehicles for service on the streets of the United States.”  …
“These MRAP’s ARE BEING SEEN ON U.S. STREETS all across America by verified observers with photos, videos, and descriptions.
“Regardless of the exact number of MRAP’s being delivered to DHS (and evidently some to POLICE via DHS, as has been observed), why would they need such over-the-top vehicles on U.S. streets to withstand IEDs, mine blasts, and 50 caliber hits to bullet-proof glass? In a war zone… yes, definitely. Let’s protect our men and women. On the streets of America… ?
“They all have gun ports… Gun Ports? In the theater of war, yes. On the streets of America…?
“Seriously, why would DHS need such a vehicle on our streets?”
Why indeed?  It is utterly inconceivable that Department of Homeland Security Secretary Janet Napolitano is planning a coup d’etat against President Obama, and the Congress, to install herself as Supreme Ruler of the United States of America.  There, however, are real signs that the Department bureaucrats are running amok.  About 20 years ago this columnist worked, for two years, in the U.S. Department of Energy’s general counsel’s office in its procurement and finance division.  And is wise to the ways.   The answer to “why would DHS need such a vehicle?” almost certainly is this:  it’s a cool toy and these (reportedly) million dollar toys are being recycled, without much of a impact on the DHS budget.  So… why not?

Friday, March 08, 2013

The Irony is Chilling

 The more liberals and the Obama regime attempt to portray legitimacy and concerns for the people and the rule of law, the more the irony of their actions are revealed in both direct and subtle ways. Any rookie government poag would have realized the true magnitude of the impression represented by this staged act by Brennan.


 

Brennan takes oath on draft Constitution—without Bill of Rights

Oh, dear. This is probably not the symbolism the White House wanted.
Hours after CIA Director John Brennan took the oath of office—behind closed doors, far away from the press, perhaps befitting his status as America's top spy—the White House took pains to emphasize the symbolism of the ceremony.
“There's one piece of this that I wanted to note for you,” spokesman Josh Earnest told reporters at their daily briefing. “Director Brennan was sworn in with his hand on an original draft of the Constitution that had George Washington's personal handwriting and annotations on it, dating from 1787.”
Earnest said Brennan had asked for a document from the National Archives that would demonstrate the U.S. is a nation of laws.
"Director Brennan told the president that he made the request to the archives because he wanted to reaffirm his commitment to the rule of law as he took the oath of office as director of the CIA,” Earnest said.
The Constitution itself went into effect in 1789. But troublemaking blogger Marcy Wheeler points out that what was missing from the Constitution in 1787 is also quite symbolic: The Bill of Rights, which did not officially go into effect until December 1791 after ratification by states. (Caution: Marcy's post has some strong language.)
That means: No freedom of speech and of the press, no right to bear arms, no Fourth Amendment ban on “unreasonable searches and seizures,” and no right to a jury trial.
How ... symbolic?

Thursday, March 07, 2013

We The People

We the people.....the three most important words in the American vernacular.

The Bill of Rights spells out ten specific rights that we the people possess via our constitution. Those rights are listed in order of importance in the Bill of Rights. The first and most important right being the first amendment which has five tiers of separate rights included into one enumerated right .

"Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances."
Five very important rights as they were intended.

1. "Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof  " Which represents and translates into freedom of religion, not freedom from religion.
2.  "Freedom of speech."  The right of the individual to speak freely regardless of the thoughts being conveyed, but in particular the right of freedom to express political thinking, individual perspectives and individual and collective philosophies that can be opposed to established government or politics.
3 "Freedom, of the press."  A right granted to the American press empowering them as the watch dogs and gate keepers of American freedom and the US Constitution. A right and authority that has now been subjugated to individual democratic ideologies as opposed to the principles of the republican form of government as intended by the framers. Freedom of the press has now been suborned by socialism masquerading as American liberalism in American media and the press.
4. "The right of the people to peaceably assemble." Your right to protest. To gather in groups and your right to openly voice your opinions and beliefs in the public arena.
5. "The right to petition government for redress of grievances."  The right of the people to file individual and collective written petitions directly to their government, seeking "redress" or by definition, to set right what the people know to be wrong. 

Know your rights. Use your rights. 

Authority to kill Americans

This should be a chilling realization to all Americans this morning. An American attorney general telling the American people, that their president has the right to utilize drone attacks against US citizens on US soil to kill Americans.  Really?  How in the hell can something this outrageous be tolerated by our people and ignored by our media.

One lone senator, Rand Paul stands alone in the breech this morning attempting to stand for the constitution and the people. Who will stand with him? I don't see any of his supposed "colleagues" lining up to stand and be counted in support of the constitution or the American people.

"Evil flourishes when good men do nothing."

Evil is flourishing in America this morning......

 Barack Obama 'has authority to use drone strikes to kill Americans on US soil'

Barack Obama 'has authority to use drone strikes to kill Americans on US soil'

Eric Holder argued that using lethal military force against an American in his home country would be legal and justified in an "extraordinary circumstance" comparable to the September 11 terrorist attacks.
"The president could conceivably have no choice but to authorise the military to use such force if necessary to protect the homeland," Mr Holder said.
His statement was described as "more than frightening" by Senator Rand Paul, a Republican from Kentucky, who had demanded to know the Obama administration's position on the subject.
"It is an affront the constitutional due process rights of all Americans," said Mr Paul, a 50-year-old favourite of the anti-government Tea Party movement, who is expected to run for president in 2016.
Mr Holder wrote to Mr Paul after the senator threatened to block the appointment of John Brennan as the director of the CIA unless he received answers to a series of questions on its activities.

Tuesday, March 05, 2013

Penn lost a friend. Stone lost a hero.

Been waiting all afternoon on this.....news.

Sean Penn on Hugo Chavez's Death: 'I Lost a Friend'

 Sean Penn Cannes Film Festival - H 2012

"I mourn a great hero," said Oliver Stone of the Venezuelan president who died on Tuesday after a long bout with cancer.

Venezuelan president Hugo Chavez died on Tuesday after a long bout with cancer. He was 58.

The controversial leader had a slew of Hollywood heavyweights supporting him throughout his reign, with the most vocal two being actor Sean Penn and filmmaker Oliver Stone.
"Today the people of the United States lost a friend it never knew it had. And poor people around the world lost a champion." says Penn in a statement to The Hollywood Reporter. "I lost a friend I was blessed to have. My thoughts are with the family of President Chavez and the people of Venezuela."

"Venezuela and its revolution will endure under the proven leadership of Vice President Maduro," adds Penn.

"Mission Accomplished"

 Interesting.  Do the numbers lie?  I don't believe so. How can the average American ask themselves if they are better off now than they were in 2008 and coe up with any answer other than no.

"Mission Accomplished" - With CNBC now lost for countdown-able targets (though 20,000 is so close), we leave it to none other than Jim Cramer, quoting Stanley Druckenmiller, to sum up where we stand (oh and the following list of remarkable then-and-now macro, micro, and market variables), namely that "we all know it's going to end badly, but in the meantime we can make some money" - ZH translation: "just make sure to sell ahead of everyone else."
  • Dow Jones Industrial Average: Then 14164.5; Now 14164.5
  • Regular Gas Price: Then $2.75; Now $3.73
  • GDP Growth: Then +2.5%; Now +1.6%
  • Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million
  • Americans On Food Stamps: Then 26.9 million; Now 47.69 million
  • Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion
  • US Debt as a Percentage of GDP: Then ~38%; Now 74.2%
  • US Deficit (LTM): Then $97 billion; Now $975.6 billion
  • Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion
  • US Household Debt: Then $13.5 trillion; Now 12.87 trillion
  • Labor Force Particpation Rate: Then 65.8%; Now 63.6%
  • Consumer Confidence: Then 99.5; Now 69.6
  • S&P Rating of the US: Then AAA; Now AA+
  • VIX: Then 17.5%; Now 14%
  • 10 Year Treasury Yield: Then 4.64%; Now 1.89%
  • EURUSD: Then 1.4145; Now 1.3050
  • Gold: Then $748; Now $1583
  • NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares

Saturday, March 02, 2013

16 Trillion and Climbing (Sinking)

The Obama legacy of the first four years. Do you really think that America can survive another four years under this socialist regime. By the time 2016 rolls around, America will be in worse shape than Greece, Portugual and the entire European Union combined.

The band plays on and those responsible in media for allowing this travesty against America refuse to speak the truth and reveal this interloper for who he really is.

national debt
"Without fanfare, the Bureau of Public Debt at the Treasury Department quietly posted its daily debt report showing the total public debt of the U.S. government topped $16.687 trillion. (To be exact: $16,687,289,180,215.37)," reports Mark Knoller of CBS. "On January 20, 2009, the day Mr. Obama took office, the debt stood at $10.626 trillion. The latest posting reflects an increase of over $6 trillion." And debt is expected to increase by nearly another trillion this year. "Nevertheless, the Office of Management and Budget projects the national debt will continue to increase by over $800 billion this year and by amounts in the range of $500 billion to $800 billion in the out years - all of which will add to the national debt." It's an historic achievement for Obama, CBS notes. "It's the largest increase to date under any U.S. president. During the eight-year presidency of George W. Bush, the debt soared by $4.9 trillion." - See more at: http://www.weeklystandard.com/blogs/obamas-now-added-6-trillion-national-debt_704980.html#sthash.92LbcMtC.dpuf