Showing posts with label stock market. Show all posts
Showing posts with label stock market. Show all posts

Sunday, February 19, 2012

A Penny For Your Thoughts

A Penny For Your Thoughts

There is no doubt that things are changing in this country. But should we just allow the government to run rampant trampling our rights as US citizens? Do we really want to be the next socialist kingdom?

The government has enacted new laws that allow them to jail American citizens without cause indefinitely. If you don't believe me all you have to do is research it. Now they want to take your freedom if you disagree with them.

Sounds all warm and fuzzy doesn't it; or possibly you just don't believe such things, it could never happen here could it? The answer is yes, we are no longer that shining beacon on a hill.

The elites; the globalist scourge has taken over. Yes I said it a new world order, that is what we will have if people don't begin to open their eyes. They want to clamp down on the internet also.

This simply means that they are sick of people being able to get real information instead of what they want you to hear. Yes every once in a while you hear some truth on the news, but shortly after the news castor tells you the truth they are fired.

A good example is Fox news firing Judge Andrew Napolitano a great man, and a true American. Andrew Napolitano is truly concerned about the ruling elite pilfering all of your rights, and is now fired form Fox for that.

I used to like Fox News because it seemed that they told a bit more truth then the rest of the news channels, but that is no longer the case. They are just another bunch of morons who cater to the ruling elite.

This is a bit off topic but I think that it's worth the effort. There is a book that I have been reading that goes into great depth on the economic situation in this country, and goes in to the way you can protect yourself form it.

It is called Aftershock written by David Wiedemer A PHD in economics. This book does a wonderful job of explaining the current state of this country, and the steps you can take to protect yourself.

Our wonderful government wants a Chinese style internet in this country. Tell me how does six hours per day, only going where they want you to sound? They already have the TSA feeling people up in the Airports.

Soon to come football stadiums; it seem s that we can't go anywhere these days without a government agent feeling us up. Gee guys at lest have the common courtesy to give us the reach around.

Not to mention they are talking about mass population reduction; because they think that they are that only ones who should be alive. Yes genocide a mass killing of the population.

C'mon let's get green; it's time to reduce the carbon foot print that the people have made on the planet. You know that the best way to do that is to start eliminating the problem, and the problem is we the people.

I know it all sounds crazy, but all you have to do is a bit of research. Listen to people like Bill Gates talk about it. Watch as Google starts catering to the government, do some research before you think I have gone insane.

Sunday, December 25, 2011

Why Don't American's Realize It's About This Country

Why Don't American's Realize It's About This Country

Why is it when you watch the morning TV news shows like meet the press, it all seems to be about the world economy? I say let's fix this country first then after that we can worry about the rest of the world. They would all do the same.

I'm going to make some suggestions that I think would help our country.

1. Re-industrialize: This country used to build everything that it used, somewhere along the way we decided to become a service economy. It's true that you need service as a part of your economy, but not as the majority of it.
2. Follow the constitution: This seems to be toilet paper for the Obama admin, as they destroy more of it every day. They should not be above the law of the land. The USA is a nation of laws, and all of us should follow them.
3. Fix this country first: Yeah I know it sounds a little selfish. The truth of the matter is that we helped most of the other countries build strong economies, and now it seems to be our fault that they are going down, so I say fix this country, then worry about the others.
4. Leave our guns alone: In this country according to our constitution we have the right to bare arms to defend our land, and family, and no government should play with that.
5. Make lobbying illegal: No body should have any say over what congress does except the people of this country.
6. Never forget those who serve our country: In this country the military should be the last people who have to worry about getting paid.
7. Terrorism: No more using this as an excuse to do as you please to the American people. This is America and we are a free people, no matter what Obama thinks.
8. No forced health care insurance: in this country if we want to buy health care insurance we don't have to, and nobody can force it upon us.
9. Clean out congress: It would seem that the usefulness of our congress has reached it's end, as they get nothing accomplished any more, and when they do it's either illegal or it makes things worse then they already are. Bring in some people who care about this country and we will make progress.
10. Term limits for congress: there should be no such a thing as a career politician, congress should have a four year term limit. If we put limits on them they will have to get the job done or be booted during the elections.
11. When congress is caught in the act: A review by their peers gets nothing done, when they are caught doing something illegal bring it before the people, not before a congress laugh in.

If we could do just these eleven things it would help our country rebuild it's self back the what it used to be way back in the day. Back when every other country respected this country, that starts with a president who cares about this country.

It ends with a congress that is not career politicians who cater to every lobbyist on the hill. They are supposed to work for the people, and not themselves and some lobbying organization. It's time to run these bums out of office and start again.

Wednesday, October 19, 2011

Occupy Wall Street Pinko Commies

Occupy Wall Street the first thing that I will say is that I don't support our federal government bailing out the banks on Wall Street. But I don't think that we need to do away with Wall street either, the way I see it we just need to gather up the people in those banks that did wrong and prosecute them.

With that said I do not think that all of Wall Street should take the blame for the mistakes of a few people out of hundreds of thousands of people that work on, or for Wall Street. The occupy Wall street movement need to get it's story straight.

We don't need to hear the Nazi crap about kicking the Zionist Jews out of this country. All that sort of thing does is creates tension among the people in this country. It festers hatred for a people just because of who they are, and no other reason.

One of the dumbest statements that I ever heard in my life came form one of the Occupy Wall Street ladies; who said oh the world would be better off if we didn't have money. Just give that fit of stupidity a bit of thought.

About 90% of these people have no idea why they are there; but allow me to say that I love this country. I love capitalism and I do not think that it's evil. I know form the deepest part of my heart and soul that capitalism is the right system.

Nothing is perfect because people are not perfect, but I do believe that you should get rewarded for being successful, rather then expecting the government to pay for everything. We are not a socialist, Marxist, or communist country, and I hope it always stays that way.

The Occupy Wall Street people are just another bunch of entitlement freaks, who think that the government and out taxes should pay their way. I say go out and work for yourself, get a pay check, and pay your bills, then with what is left over you can use for you entitlement fund.

This amounts to an infestation growing up on this country like cancer, before it becomes malignant we need to stop it. If these people don't like this country, or how we do things here; it just might be time to move on over to Europe where you belong.

Conclusion: If your going to try to make a statement like the Occupy Wall Street movement at least make it coherent, and not anti-American. If you don't like this country and the way we do things here, you should leave it.

Saturday, October 15, 2011

The President's Gang of Cheerleaders

When you hear people like Ben Bernake talk about the economy they are always telling the things that they think you want to hear. For most of us it works, but if you actually do some study on the issues you will realize that it's not true.

Obviously you know that Ben Bernake is the Chairman of the Federal Reserve Bank, at least if you ever watch a day of news in your life. He is also one of Obama's buddies, that explains the cheer leading that I refer to.

Reference: New York CNN Money News “ The economy lost some momentum recently, Ben Bernanke acknowledged Tuesday, but the Federal Reserve chairman is still optimistic that the recovery will pick up again in the second half of the year.”

If you like to hear the real facts you need to study what is going on here. First of all they are gauging the recovery based off of things that have happened in the past. That used to work until the housing market started getting creative with loans to the people buying that houses.

This is a little thing called Fannie Mae & Freddy Mack, these to two companies were built to help people who couldn't afford a house to buy one. Obviously the thinking was flawed in it's nature, but they didn't care they were making boat loads of cash for doing it.

They were giving sub prime loans on houses, and loans simply known as liar loans; on these loans people didn't even have to provide proof of income, or show that they had a job that would support the payments,and it backfired.

We all know what happened with this idea; when these people would first buy their houses they were worth a lot of money, and they were constantly gaining value, at a rate beyond which anybody had imagined, and the money rolled in.

But there were rough times ahead; in 2008 the housing market would crash, and when it did people would be berried in their homes, with a hose that was worth much much less then they owed. This would cause the banks to start foreclosing on the people that owned the homes.

Economic recovery 'close to faltering,' Ben Bernanke tells Congress, this is one of the first truths that this guy has ever told. There are cities that 80% of the home owners are under water, so it's time for some real truth here.

Definition of Sub Prime Loans: A type of loan that is offered at a rate above prime to individuals who do not qualify for prime rate loans. Quite often, subprime borrowers are often turned away from traditional lenders because of their low credit ratings or other factors that suggest that they have a reasonable chance of defaulting on the debt repayment. Learn more here

Definition of a Liar Loan: This type of loan was a loan where the banks didn't require any document to back what the borrowers were saying. So they could get away with murder when they bought a new home.

You can see where this is headed, in the end the housing market that was continually gaining in value would crash and take down the stock market with it. To stop the stock market from keeling over dead the Federal government would prop it up.

This was done by printing more money, and injecting in to the stock market; this would give a false indication that the markets were on the mend, and create more investor confidence in the markets. As we all know it hasn't worked, but you will never hear it from them.

Instead you will hear how they need to raise taxes to fix the problem. “Obviously not the correct answer during a recession” it's quite simple where they need to start, first of all they need to revise the current tax codes to fix our antiquated tax system.

But sorry this amounts to real work, and we all know that the Federal government doesn't want to work, they would rather fight and act like kids instead. You have just got to love the idiocy that we call the Federal government.

They need to help businesses to want to hire more people; here's the problem Obama would like to tax the very people who are creating jobs in this country by taxing people for making more then $250,000 per year, this will encompass almost every business in the country.

What they should do is own up to their mistakes and figure out a way to fix them without doing it off of the sweat of the people. No I am not a lover of the Wall Street people who helped cause this issue to happen, but by the same token it's not all of Wall Street that caused the problem, it's a few people.

I say make those people who caused the problems pay for their foolishness and leave the rest of Wall Street to do it's daily business. Wall Street is the engine that drives our country, and it should be left do do so.

In the United States was are capitalists, not socialists, or communists. It is not the fault of our system, or this country that this has happened, its the fault of a few misguided people who thought they could out smart the system and make a killing, well the system has issued a big “Got Ya” to these people.

So look for news in other places, read books or what ever you have to do, but you should always take what these people tell you with a grain of salt. You should be looking for ways to back o up your savings, and your retirement earnings.

Protect yourself because they will keep misleading you if it makes them look good. It's a game of spread the word, and if it's not the good word you smooth it over, and that is what Bernake the the Obama Horde does, and it's what they will keep doing.