An in depth analysis of WHY YOU ARE WRONG

Monday, August 10, 2009

Democrat Style Free Speech

One could come up with many, many, many other examples of "gocha style" press interviews, but this is sort of a classic.

Peter Schiff, a potential candidate for Chris Dodd's senate seat is hardly allowed to talk as the host desperately attempts to shove words in his mouth and catch him in some type of trap.

Notice how the thing starts. Even the highly partisan host has to acknowledge Peter's very accurate predictions regarding the economic crisis.

Sadly--- most press interviews are not much better.

Sunday, August 09, 2009

Video Of Georgia Congressman Shows Contempt For His Constituents

No time to put this video in a wider context. As we all know more and more of the bloom has gone off the Democrat's rose and more and more people are doubting and publicly questioning their agenda in hundreds of events and protests around the country.

Here, Georgia Congressman, David Scott goes postal during a supposedly open town hall type meeting and makes the mistake of assuming a doctor in his own distrct, who questions his plans is an out of district paid lobbyist or crazed racist.

Thursday, August 06, 2009

Obama Joker

Let's just say those who have made a profession out of being offended are shocked and upset at the above posters showing up around the country.

To put this in context, here's a small taste of the images you may have seen around during the last few years. Can't seem to come up with all the great anti Reagan images that were plastered all over NYC in the 1980's.

Tough Times For Community Organisers

There are many reasons to be very depressed as our nation sleepwalks toward disaster.
However the recent videos of people actually asking tough questions shows that for many, the Kool Aid buzz is gone and they are wide awake and angry.

The AARP is not an organization I know too much about-- I think mostly it's grown as people seek discount deals and other membership benefits. What most don't know or never cared to object too before was that mere membership was taken as a full endorsement of AARP's agenda.

Here a group of members seem to think that a "town hall healthcare meeting meant a two way conversation. Instead they are told too shut up and listen to what the AARP's unelected leadership and staff thinks is best for them.

Tuesday, August 04, 2009

Exits Blocked & The Real Pain Begins

Sorry, for not posting- hopefully I'm not needed to shout fire anymore. Peter Schiff has another great update video about what's likely the next leg down.

To recap- We all know about dramatic fall in asset prices, the pain from the debt bubble and the dramatic rise in unemployment. But it really looks like the real pain is just getting started.

The near total collapse of the private economy has been offset so far by a dramatic increase in federal spending that we only thought we could afford. The initial Lehman shock caused a massive pull back from almost every asset class except super duper safe-- US government debt which allowed team Obama to cheaply- if temporarily push out trillions in new bonds most of which are short term notes.

Meanwhile our real ability to pay off this debt has gotten much worse.

"The numbers could hardly be more stark: Tax receipts are on pace to drop 18 percent this year, the biggest single-year decline since the Great Depression, while the federal deficit balloons to a record $1.8 trillion.(or more)

Other figures in an Associated Press analysis underscore the recession's impact: Individual income tax receipts are down 22 percent from a year ago. Corporate income taxes are down 57 percent. Social Security tax receipts could drop for only the second time since 1940, and Medicare taxes are on pace to drop for only the third time ever."

As foreign economies seem to be leading the recovery, the conditions which made finacing the U.S debt so easy are going into reverse- exposing the country to far higher interest rates-- or galloping inflation.Our rising market has underperformed most and in fact has hardly kept up with the rapid decline in the dollar's value.