Why is America Recovering Despite Obama?

Bill Clinton vetoed the fiscal policies of the conservative Congress twice in 1996 before finally accepting the policies. He then took credit for the surpluses that the policies produced.

Some ignorant people will give Obama credit for the current “recovery.” If presented with the facts, then it would be hard to do so. Consider unemployment in Yuma, AZ of 31.8% and unemployment in Bismarck, ND of 2.8% from the BLS report for June. If Obama is responsible for a 7.4% national rate, then he is also responsible for the 31.8% rate in Yuma The real reason is that new technologies in the “carbon-based” industries have given us an energy boom. Obama has been fighting any progress with a carbon tax proposal, huge subsidies to competing energy sources, and delays/prohibitions for obtaining resources from public lands and cheap and efficient distribution methods (pipelines). The oil imports have decreased more than 1 million barrels/day over the last several years (eia.gov). This amounts to money for over hundreds of millions of barrels of oil at $100/barrel which stays in the United States instead of subsidizing those who hate us. Those billions each year compose capital which can be used to create jobs.

Obama has surrounded himself with academics and out-right socialists who favor central planning over free-market economics. They claim that deficit spending (stimulus) by government and tight controls bring the nation out of recessions. The fact is that Hoover and FDR; Bush and Obama both tried stimulus spending and high wages. We know what happens because it has been tried before. Millions of Americans have suffered. The wealthiest period in America was the six years under President Coolidge. We had surpluses every year and individual wealth rapidly increased. Americans borrowed money to invest in America believing the boom would last forever (sounds like house prices never decrease?). Alan Greenspan would describe them as “irrationally exuburant.” The crash came under Hoover who Coolidge dubbed “wonduh boy.” Coolidge had been blamed as a “do-nothing” while Hoover, FDR, Bush and Obama were type-A interventionists.

The reference economist of 1776 was Adam Smith. Twentieth century economists Hayek and Mises saw the flaws in Keynes ideas and their use in Europe. If we continue to ignore the lessons of history, then we are doomed to repeat the mistakes – over and over again! See mises.org (Mises Institute at Auburn University – a kudzu-league school).

Melowese Richardson Convicted of Voter Fraud in Ohio

Last week an Ohio judge sentenced Ms. Richardson to five years in prison for voting 6 times in a single election. Ohio was a critical state in the 2012 Presidential election. If the votes in only 4 states - Ohio included - were reversed, then Mitt Romney would have won. More of these criminals need to go to prison for voter fraud to diminish!

Will the United States Follow Detroit?

Detroit, once the fifth-largest city in America, has filed for bankruptcy. Hopefully the federal government will not bail out decades of mismanaging politicians with federal taxpayer dollars. As with other cities whose elitist leaders seek to centrally control all aspects of citizens' lives while lacking the competence to do so, Detroit is bankrupt. The producers have left the once-great city of 1.8M leaving less than 700,000 – many who are parasites depending on the city teats. This did not take place quickly. It took over 60 years! It is similar to the current situation at the federal level. Hiring and promotions have been based on race instead of competence, while pay, tenure and benefits have been extraordinary. Parkinson's Law may also be used to explain the situation – especially the number of “special assistants to the POTUS” (czars).

The Obama administration ignored centuries of contract law in the GM bailout. Union members were moved to the head of the line, and creditors were pushed back. Most in Detroit are also friends and supporters of the Democrat Party. Will the federal courts follow the law? Will the lawyer-in-chief provide additional guidance?

Religious Liberty In the U.S. Armed Forces from FRC

"The Obama administration has joined forces with those who are attacking the religious freedoms of those who serve in our Armed Services. The administration's opposition to Rep. Fleming's religious freedom amendment reveals that this administration has gone beyond accommodating the anti-Christian activists who want to remove any vestige of Christianity from the military, to aiding them by blocking this bipartisan measure.

"The Fleming amendment protects the right of service members to not only hold religious beliefs but to act on them and freely practice those beliefs as long as they pose no threat to U.S. Constitutional liberties.

"This chilling suppression of religious freedom is driving faith underground in our military and will eventually drive it out. This not only deprives those who serve of the benefits that flow from religious participation, but it undermines the moral foundation of the world's most powerful military and the country they serve. This should concern everyone.

"We commend Rep. Fleming and the House Armed Services Committee for taking action to protect the rights of service members to freely practice and express their faith. More than 167,000 Americans have signed our petitions in the wake of religious liberty violations that are becoming more and more frequent."

America Is Bankrupt and Sinking Fast

Where is the outrage? The Owe-bama administrations have been in a full-court press for wealth redistribution since January 2009. Some readers from the South say 'We elected him President'. In the words of the indian scouts with Custer 'What's this we stuff?'

Dr. Bernacke's term ends early next year. He has done his best to take the wealth of the poor and elderly and subsidize those “greedy” bankers. Taxpayers now own $5,000B of mostly toxic debt. I have been an investor for almost 20 years, and I would never buy foreclosed or defunct debt for 100 cents on the dollar. The banks may increase lending now that they have fewer “non-performing assets”, but the 2009 bailout resulted in a massive consolidation but not much lending.

We are forced to give the government our hard-earned resources through government taxes/fees, borrowing and printing money. There are fortunately enough in government who believe that we have been Taxed Enough Already – although they are are in the crosshairs of the American Gestapo (IRS). The world has grown cold to buying U.S. debt. The Fed now buys the majority. Debasing the currency has been used since the U.S. became a debtor nation. What cost $1 in 1913 when the Federal Reserve Act was passed now costs $23.49. I have a $100Trillion note from Zimbabwe demonstrating the extreme result of debasing a currency. I also have a $5000 coin from Mexico. Clinton had to bail out our neighbor during his first term.

We have had 2 large bubbles burst already this century – the tech bubble and the housing bubble. There are 4 others set to burst, the dollar bubble, the government debt bubble, the student loan bubble and the personal credit bubble. Many nations want to replace the dollar as the reserve currency with a “basket of currencies” - the dollar, euro, pound, yen and yuan. This would be like SDRs from the IMF. The national debt is about $17T. Interest is about $400B each year with a 2-year Treasury note at 0.3% If the interest rate goes to 3%, then the interest will be $4,000B. The default rate on student loans is often more than 20%. Interest rates will be tied to the 10-year rate + 3.4%. This is currently 5.38% As home prices recover, Americans will again use the “equity value” in their homes as an ATM machine. It would be a great time to remember that the debtor is a slave to the lender!

The Alternative Biography of Owe-bama

Please watch the movie Dreams From My Real Father. The Web site is:

http://www.obamasrealfather.com/

Boy Scouting and Sexual Immorality

On my honor I will do my best

To do my duty to God and my country

and to obey the Scout Law;

To help other people at all times;

To keep myself physically strong,

mentally awake, and morally straight.

Scouting has existed for over a century. Men of character have provided leadership to boys and young men to become men of character. The BSA has decided that morally straight is no longer important and that sexual immorality is welcome in scouting. Men and women of character should immediately abandon BSA and move to Godly character-building organizations like Approved Workmen Are Not Ashamed (AWANA):

2 Timothy 2:15, Do your best to present yourself to God as one approved, a worker who does not need to be ashamed and who correctly handles the word of truth.