The Last Election
The presidential election coming up on November 6, 2012 will probably be our last election prior to collapse of the world's debt-based fiancial system. Of more importance to Americans, it will mean collapse in the value of the dollar. It will also mean the end of low-cost borrowing by the Federal Government. Assuming no change between now and November 2016, U.S.
State of The Union: Fairness - Where are You?
Well, I must admit that I fell asleep during President Obama's boring State of The Union (SOTU) address last night. It was the same old class warfare nonsense that we have come to appreciate from our community organizer, and it was not interesting enough to keep me awake. But as I drifted off, I remember hearing something about " everyone gets a fair shot, everyone does their fair share, and everyone plays by the same set of rules".
Getting More Dangerous by the Day
Now that we are past the CHRISTMAS season of buying stuff for people that did not need more stuff, all in a misguided effort to keep China's exporters busy, it is time to get back to work. I apologize for being politically incorrect. Suppose I should have used the term holiday season.
MF Global Clinches the Deal
The elites have struck again. If there is anybody out there who thinks that big government and big financial institutions are good for the country, the pillaging of America's farmers and ranchers by the financial elite needs to be understood.
Greek Democracy Runs Up Against European Elites
It looks like Europe's political and financial elites have successfully prevented the citizens of Greece from deciding how to resolve their debt crisis.
Its the U.S. Government Stupid
Those progressive elites, who have so effectively managed to control our lives for some 60 years now, are about to run out of ground. With Senate Majority Leader Harry Reid behind the wheel and President Obama, in the passenger seat, cheerleading for more class warfare, rather than navigating, their Government Motors automobile is about to have a Thelma and Louise moment. We can only hope that this Chevy Volt does not run out of juice before getting to the edge of the cliff.
Desperation in Washington DC
Last night President Obama proposed a new jobs program before a joint session of Congress. The President's proposal combines a mix of FICA tax cuts, income tax reductions for small businesses, extended unemployment benefits, cash for local governments, and spending on infrastructure. The projected cost is about $450 billion.
Sheperds Sleeping on a Serta
If there are any of you who do not believe that the federal government is out of control, consider the following from the Heritage Foundation.
Diane Katz of the Foundation recently discovered a new Labor Department regulation buried in the Federal Register. New procedures issued by the Department must be followed by employers who hire temporary agricultural foreign workers to perform sheep or goat herding activities. The rules describe sleeping quarters, lighting, food storage, bathing, laundry, cooking and new rules for the counters where food is prepared.
Deja Vu All Over Again
We have essentially gone full circle since the financial collapse of 2008, and in the process have squandered tremendous financial resources without any significant result, other than to prove that the liberal Keynesian progressives are tragically misinformed. We are getting closer to observing the collapse of Bank of America.
Tax Increases Will Not Fix The Problem
Liberal democrats are clamoring for the rich to pay their so called "fair share" of taxes. Wrapped in the language of a balanced approach to reducing the federal government's deficit, the liberals call for higher income taxes does resonate with much of the population, particularly those citizens who do not pay any federal income tax.

