Tag Archives: government

Beware of Halloween Spooks

Hello followers. I hope this missive finds you and yours in the best of health and staying safe. My bride and I returned from our getaway to St. Lucia very early this morning. Truly a relaxing place for the late twenty to late thirty crowd. For the early eighty crowd, not so relaxing; glad I purposely did not bring my Hearing Aids. Not quite my genre of music; in fact, it was unbearable. However, the place is so large and dissected in such a way we found a quiet pool away from all that. Anyway, we both had a great time, lots of fun in the sun.

I arrived home to find an excellent treatise by Greg on the current state of the economy in this once vibrant and glowing country of sane people. And as usual, I totally concur with all he states. It is coming folks. For those living off their 401K’s beware!! I and most who think like me have been selling for the past several weeks, and I shall continue during the ups and downs of Wall Street. I shall also do some selective buying, but inflationary companies, which are many, will not be on my sought-after lists.

The highlights in red within Greg’s treatise are mine.

October Instincts

By: G. Maresca

The Executive Director of JPMorgan Chase admitted that the stock market’s “biggest nightmare periods have tended to be October. You go back to obviously the crash in 1929, but the 1987 crash, and in 1989… was in October. You tend to have these October moments.”

Financially most are feeling pretty good as brokerage accounts never looked healthier and home prices are over-the-top. Over the past year, the S&P 500 has closed at new, all-time highs over 50 times and in so doing has created the illusion that the market only rises.

This results in taking more chances when investing.

The K-shaped economy and booming stock market underscore that Main Street and Wall Street are at a major disconnect. Many dismiss the growing rate of inflation, the unprecedented intervention by the Federal Reserve’s nonstop money-printing and increased debt believing that the dollar today is worth the same as it was last year.

It’s not.

The duality of low interest rates and those stimulus payouts have devalued the dollar. Thanks to inflation and time, savings in fixed investments like CDs, bank accounts and money markets lose purchasing power. With yields registering next to nothing, where are investors expected to put their money?

As a result, savers seek more risk in order to obtain better returns leading to a stock market that is cooking and overvalued. Increasing stock prices coupled with a mushrooming federal debt is a brick road paved over with inflation.  As the Fed continues easy-money policies, the market will continue higher as the infusion of cheap dollars rules the day.

Most bankers, brokers, and politicians understand that these bouts with inflation are what economists call: “The Money Illusion.” It is when one’s wealth is measured in how many dollars they possess, rather than its purchasing power.

Among investors, the Money Illusion breeds risk taking and heightened speculation. It’s like watching a skilled magician work his stagecraft. It looks and appears amazing and impossible, but it is not at all what it seems.

Low interest rates did, in fact, rescue the market. The Fed slashed short-term interest rates to near zero at the onset of the COVID-19 debacle and bought large purchases of Treasury and mortgage bonds making dollars discounted. In so doing, The Fed propped up not only the bond markets, but stocks, too.

Many are in denial about what is truly happening throughout our financial system. To paraphrase writer Upton Sinclair, it’s difficult to get someone to look when their getting paid depends on not looking.

Adding to the illusion is that 40% of all U.S. currency in circulation has been printed since March 2020. Few comprehend the effects of so many trillions in our financial system. The Case-Shiller Index which measures home prices has risen 18.6% for the year, up from a record 16.8% the month before. The index is the proverbial rat in the financial mine that brings with it a healthy dose of inflation.

Financial storm clouds are forming as the economy experiences labor shortages, supply chain disruptions, rising prices, and increasing inflation. With too many dollars chasing too few assets, the good times won’t last forever.

One out of every four companies are on life support because of low interest rates. With rates near zero, and with inflation rising, The Fed cannot afford to keep them low forever.

Bankruptcies are on the horizon.

The federal debt continues to grow as trillions crowd the government’s balance sheet with the debt literally growing by the second. Inflation does to a degree keep the debt somewhat manageable. However, as inflation rises, Social Security, and other assorted fixed incomes like pensions will see their buying power shrink even further.

Eventually, a significant tax increase will hit all Americans hard and below the belt – regardless of income.

Rising stock prices are great, but when easy money begins to create social, political, and economic turmoil, something is seriously amiss. A White House which believes that global warming, systemic racism and COVID are our greatest threats, does not possess the foresight and wisdom to comprehend what is economically occurring.

The laws of economics cannot be repealed, no matter what one’s wishful thinking may be.

As October looms, consider this a heads-up.

Postscript: Beware of the ghouls of October, they are coming, meanwhile many Americans keep chasing those soon to be negligent goods and, to paraphrase Mack the Knife , “Spending like a Sailor.”

Originally posted 2021-09-20 14:39:12.

A Star-Spangled Misfire

I have been remiss from posting any gobbly gook from the swamp creatures of late, but with good reason. We just returned from a weekend in Tuscaloosa, Alabama to witness our granddaughter graduating from the University. WOW.  Impressive is an  understatement! I’m sure some of you attended a university as large and impressive, as Alabama, but I had not. I was awestruck. At my granddaughter’s suggestion, I even had a “Yellow Hammer,” actually I had three, and I might add suffered the entire next day. LOL

But then I digress. Great article from my favorite presenter. Although growing up only 30 miles from D.C., and having been stationed there for two years, I must admit I really did not know much of  its history. Oh I knew it it was not a state, but beyond that I have to claim ignorance. Just in case you fall into the same category, please copy and paste the link below for a very good explanation of D.C. and why it is not a state from the Encyclopedia Britannica. 

https://www.britannica.com/place/Washington-DC

Then read Greg’s excellent article about Biden’s attempt to simply expect Congress to make it a state.

By Greg Maresca

In May 2008, presidential candidate Barack Obama announced during a campaign stop that he had been to 57 states. Such an embarrassing blunder was glazed over like a Crispy Cream donut. In retrospect, it was perhaps a Freudian slip. Provided Democrats get their way, they will get closer to 57 by adding Washington D.C. as the 51st state with Puerto Rico waiting on deck.

As president, Obama must regret not going for broke with the whole socialist agenda when he had the chance. President Biden has certainly wasted no time in picking up the slack in his first 100-days in office.

Provided you need to be reminded: elections have consequences.

In Article I, Section 8 of the Constitution, the Founding Fathers created a special federal district for the sole purpose of not being a state. Writing in The Federalist No. 43, James Madison clarified that without a separate federal district, the federal government “might be insulted and its proceedings be interrupted with impunity.” It is obvious the Founders did not want to subject the federal government to the sway of any state government.

Moreover, D.C. statehood would violate the intent that states have substantial land mass. Aside from the original 13 states, no state was smaller than 30,000 square miles until Hawaii entered the union in 1959. However, with a total of 137 islands and over 10,000 square miles, Washington D.C. does not even come close.

If that’s not enough, the 23rd Amendment enfranchised D.C. residents in presidential elections with three Electoral College votes, tenured its venue and size, designating it as the “seat of Government.” The amendment established that the only way to repeal a constitutional amendment is with another amendment.

It was no oversight that the nation’s capital is not a state, but rather an exclusive territory under the absolute authority of Congress, where elected representatives and senators from every state in the union could meet on neutral ground to conduct the nation’s business.

The nation understands D.C.’s unique constitutional status. A 2020 Gallup poll said 64% of Americans opposed DC statehood vs. just 29% in favor. Sorted by party and region, there were “no major subgroups of Americans voice support for DC statehood.”

If the city’s denizens do not appreciate their longstanding historical significance, they can always vote with their feet and move. This legislation symbolically labeled H.R. 51 would turn the District into exactly what the Founders rebuffed.

In a dichotomy of the times, Democrats desire to localize what the Constitution explicitly has federalized, while at the same time trying to federalize everything else. The statehood push is ultimately a power play for Democrats who want to turn D.C. into a city-state as the deep blue District will guarantee them two seats in the Senate changing the chamber’s partisan composition in their favor. With the Chairman of the House Judiciary Committee wanting to pack the Supreme Court, adding two additional Senators via D.C. is a Democrat two-fer.

Democrats’ carry-on like this because they know Republicans will not put up a fight. Here is yet another version of Democrat unity and healing where the end goal is a one-party totalitarian centralized state.

This legislation is nothing but a power grab in the first-degree. If it were truly about statehood and the fabricated mantra of “taxation without representation,” Democrats would introduce legislation for D.C. to become part of Maryland from which it was initially ceded. But that doesn’t work as it would not obtain the desired two additional Senate seats.

Without missing an opportunity to race bait, New York Democrat Rep. Mondaire Jones, called arguments against D.C. statehood “racist trash.” Naturally, if you oppose D.C. statehood on any level be it Constitutional, historical, you name it; you are to be smeared as a racist because a majority of its residents are black.

With the Senate filibuster requiring 60 senators to advance any legislation, the odds of D.C. statehood are formidable. Democrat Sen. Joe Manchin of West Virginia said he will not support the legislation or efforts to eliminate the filibuster. “If Congress wants to make D.C. a state, it should propose a constitutional amendment,” Manchin suggested.

Manchin is one Democrat who actually gets it.

Perhaps more will join him.

What  did surprise me was the  29%  who were in favor of making it a state. I wonder how many of those were ignorant, as I, about its history?

Originally posted 2021-05-06 14:13:55.

What’s Wrong?

A Majority of White Democrats Have Become Non-Christian

And what that means for America.

While this article may be somewhat dated, I found his information vital  as well as his predictions concerning the future of religion in America and the impact it will have on our once great nation. See what you think and please feel free to give me your comments.

By Daniel Greenfield

In Obama’s first year in office, 68% of white Democrats described themselves as Christians, 7% claimed to be members of other faiths, and 24% said that they had no religious affiliation.

A decade later, only 47% of white Democrats call themselves Christians. 10% are members of other faiths, and 42% have no religion.

A majority of white Democrats have ceased to be Christian.

The Obama era transformed the country and the party. It’s often observed that the Democrats of the JFK era are not the Democrats of today. But forget 1961, an era that is receding into the shadows of history. The Democrats of 2019 are not the Democrats of 2009. We are a different nation because of it.

The results of the Pew survey are startling and yet unsurprising. They explain why the Democrat debate stage included a cult leader and a call to go after churches and synagogues that don’t back gay marriage.

Not even Obama would have proposed such a thing in 2009. But much has changed since then.

Obama was born in 1961. 67% of Generation X was Christian. Millennials are now a quarter of the electorate and they are evenly divided between Christians and non-Christians. Generation Z represents another 9% of the electorate and it’s been described as the least religious generation ever.

Beto O’Rourke’s proposals to confiscate guns or go after the tax-exempt status of traditional religious organizations only seem radical to older voters. They’re not radical to the younger voters he’s courting.

O’Rourke, Sanders, and Buttigieg all endorsed abortion until the moment of birth. As has been noted, this position is far more radical than the one Obama ran on. But so is the 2019 Democrat electorate.

While Buttigieg and Booker try to tap into lefty pseudo-religious politics, O’Rourke dispenses with the phony religion by appealing to the new rising demographics of the Democrats. And, despite the headline, those demographics are not only white. The decline among minority Democrats has not been as dramatic as among white Democrats, but the number of black Democrats who describe themselves as Christian still fell from 84% to 74% from 2009 to 2018-2019. Hispanic Christian identification among Democrats declined from 82% to 71%. Among Democrats as a whole, only 55% identify as Christian.

That’s down from 72% in 2009.

Generational shifts will see older, more religious Democrats making way for a new generation. Before long a majority of all Democrats will no longer identify as Christians or as religious believers.

The Democrats have not only adopted values that are fundamentally hostile to traditional religious believers, but the demographics show that they are living out those values. And, as Beto O’Rourke demonstrated, see less reason to hide them or to pay lip service to religiosity in an irreligious party.

At current rates, Catholics will form a larger share of the GOP than of the Democrats. Protestants, who made up 46% of the Democrats in 2009, have declined to 35%, falling from nearly half to a little over a third. 1 in 5 Democrats have never attended religious services.

Republicans and Democrats are no longer divided by their approach to religion, but by religion itself.

And this loss of any common set of values has tremendous implications for the conflicts tearing the country apart. Democrats and Republicans have less in common than they ever did before, including during the conflict that tore apart the country and left 620,000 men lying on the nation’s battlefields.

What were once debates over issues increasingly became cultural divides, generation gaps, racial conflicts, and now, religious divides, that are becoming impossible to bridge. Americans find it harder than ever to compromise on the issues or to even care about the issues, because their differences and divisions have become the real issue. Everything else is becoming a mere marker of the divisions.

The changing Democrats demographics did not come out of nowhere, but the swiftness of the sea change within a decade is also a forerunner of the changes that will transform politics as we know it.

Republicans will increasingly face a Democrat opposition that does not have a different vision of religion, but that treats it at best as an odd superstition, and, at worst, a destructive and evil set of beliefs.

The First Amendment, already under assault, will face the same attacks that were visited on the Second.

The Second Amendment is under siege because a sizable percentage of the country, primarily living in urban and suburban areas, sees no legitimate reason why anyone would want to own a gun. That is the essence of the gun control argument. Everything else is propaganda, narrative, and meaningless noise.

The Democrats are on track to becoming a political party whose base sees freedom of religion as an equally outmoded historical relic envisioned by old, dead white slave owners who had strange beliefs. They don’t and won’t see why anyone should have the right to have hateful beliefs or read hateful texts.

What will religious freedom look like when the average Democrat views religion the way that he does firearms?

We are about to find out.

America is not entering uncharted territory. It’s following in the footsteps of Europe. In the UK, only 3% of 18-24 year olds identify as Anglicans, and only 5% as Catholics, among 25-34 year olds, 5% identify as Anglicans and 9% as Catholics. 64% of 18-24 year olds say that they have no religion, as do 57% of 25-34 year olds, and 60% of 35-44 year olds.

Freedom of religion cannot survive under these conditions. And indeed, that is the case in the UK.

People have to believe in something and being convinced that their children will die because people won’t stop using plastic bags and straws is a belief. It’s the sort of belief that leads to genocide. As is the conviction that religion, nationality, and every non-approved identity must be stamped out for equality.

The decline of religion is not leading us to a more tolerant world. Instead, it’s intolerance that’s rising.

And that’s inevitable.

Tolerance for differing beliefs originated from religious differences. America has freedom of conscience because it was founded by settlers and colonists fleeing religious persecution who then had to determine how to deal with religious dissent in their own ranks. The ideological fanatics driving the Democrats come from a leftist radicalism that has never learned to cope with political differences.

It lacks the toolset of tolerance. And does not even recognize that it applies to political enemies.

The Democrats have embraced a new idea of diversity that applies to every possible variety of skin color and sexual combination, as long as its members unwaveringly share their beliefs on every single issue. Their politics embraces everything, and as everything is politicized, the only remaining dissents allowed are on matters so trivial, or obscure, that they cannot be politicized. This is the new tolerance.

In a decade, the Democrats were almost incomprehensibly transformed. And the country with them.

To understand why America is being torn apart, why its political norms are shattering, and talk of civil war is in the air, we must begin with the fundamental transformation, not of the government, but of us.

Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is an investigative journalist and writer focusing on the radical Left and Islamic terrorism.

Originally posted 2021-03-31 14:16:19.

Indoctrinated to be inoculated

Sorry for the lack of posting lately, been busy, too busy for a man my age. LOL The fact is my computer was in the shop for a much-needed health checkup. All’s well now and am back. While there is so much going on in the new world order and in our beloved country, I find today’s post to be of import to many.  To be upfront and honest, as I always try to be, I had my first vaccine shot (Pfizer and Moderna type) two weeks ago with no side effects at all, and will get my second in two weeks. So, the decision is all yours. Good luck!

Meanwhile our move towards a Socialist third world sh*t hole continues at a fast pace supported by the MSM, the rich and famous, and everyone else who stands to benefit from such a move. Of course, you and I do not stand a chance of gaining anything from it. I see in my area gasoline has already risen $0.40 per gallon.  My uneducated guess is it will cross the $3.00 mark before summer is out.

Meanwhile, I await my $1,200 stimulus check to arrive, and must decide what I shall do with it. Any suggestions?  Have you read what is included in the  trillion dollar stimulus package? I suggest you do so. I had to actually search for something that had anything to do with COVID. And how about the nine GOP senators who crossed the aisle and voted to impeach {President Trump? I wonder what their constituents think about that? Oh well, have a great day and it’s good to be back! Semper Fi Devil Dogs!

By: Greg Maresca

 

Most COVID-19 cases have had mild symptoms and despite an average mortality rate north of 75 years and a 99.6% survival level, vaccination is a must.  The virus’ ability to infect political tyrants more concerned with their “great reset” than Constitutional rights continues to metastasize.

The hype and fear campaign continues unabated despite a thousand-fold risk difference between young and old.  To “flatten the curve,” lockdowns, masks and social distancing went vogue and those who stray are shamed and ridiculed.

None of this is a panacea.

Neither is a vaccine.

A Gallup poll says 40% are unwilling to vaccinate and unlikely to change their minds. A Kaiser Family Foundation report said nearly one-third of hospital staff “would not get vaccinated.” Over half of the members of New York’s Uniformed Firefighters Association would also refuse.

The reasons are legion with unknown side effects, genome manipulation, and high-tech chip branding leading the charge. The British government warned pregnant women not to vaccinate because there is “no or limited data on the effects to the child and to fertility.”  The CDC agrees, “… only limited data are available on the safety of COVID-19 vaccines administered during pregnancy.”  Are long-term infertility issues in a Western world with already declining birthrates just another function of the great reset?

Other reports say the Moderna, and Pfizer vaccines could cause blood clots, brain inflammation and heart attacks and its effects on compromised immune systems remain suspect.  Despite a plethora of concerns, the vaccine received “emergency authorization” from the U.S. Food and Drug Administration.

Even smokers still have the right to smoke despite the known dangers. What is the real motivation for attempting to vaccinate millions of healthy people?

No need to fear because the vaccine success rate increased from 80% to 95% after the numbers were run by Dominion and any chip implant will be a Spicy Nacho Dorito.

Sarcasm aside, concerns about the vaccine’s safety and ethics are understandable considering its unprecedented development and distribution that normally would take years. Were cells from aborted babies used in its development and what procedures were circumvented to get it to the market so quickly?

The practice of medicine has been lobbied with Uncle Sam governing nearly two-thirds of healthcare.  It is evident that since COVID began, a simple, cost-effective solution would never be allowed.  When science is politicized, we all lose as the medical malpractice of the pandemic will continue, especially when the only medical opinion permitted is Uncle Sam’s.

The Great Barrington Declaration, that can be found online, has been signed by over 55,000 medical and public health scientists.  They have affirmed that due to the relatively mild hazard of COVID-19 to the vast majority, “those who are at minimal risk” should be permitted “to live their lives normally [and] build up (herd) immunity to the virus.”

Research Dr. Michael Yeadon with over 30 years with Pfizer said in LifeSite news: “There is absolutely no need for vaccines to extinguish the pandemic. You do not vaccinate people who aren’t at risk. You also don’t set about planning to vaccinate millions of fit and healthy people with a vaccine that hasn’t been extensively tested on human subjects.”

Yeadon underscored 30 to 40% had T-cell immunity prior to the virus, and with nearly 30% having already been infected means we have reached the 65 to 72% level of herd immunity and that “the pandemic is effectively over.”

Dr. Joseph Meaney, president of the National Catholic Bioethics Center said since long-term effects remain unknown due to the lack of extended testing, coercion to vaccinate is “ethically unacceptable.”

The resolve that vaccination is somehow a social responsibility is not a self-evident truth.  No matter how noble, it is limited.  As immunity builds, the risk of infection drops.  Herd immunity certainly fits as we stampede into hysteria too easily. The ends do not justify immoral or unethical means.

A dishonest press and rampant censorship by social media regarding the inexpensive, safe and effective therapies like ivermectin, colchicine, fluvoxamine and hydroxychloroquine could have prevented many from dying.

The cure should never be more invasive than the disease.

When a vaccine to protect us from Leftism is developed, I will consider.

 

 

Originally posted 2021-02-18 13:32:31.