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| TheRumpledOne 6,529 posts msg #100411 - Ignore TheRumpledOne |
4/25/2011 4:30:25 AM In my inbox today: SOME OF YOU WILL APPRECIATE THIS AND SOME OF YOU WILL NOT. I DO NOT APOLOGIZE FOR SENDING THIS BECAUSE ALL OF IT IS TRUE. If any other of our presidents had doubled the National debt, which had Taken more Than two centuries to accumulate, in one year, would You have Approved? If any other of our presidents had then proposed to Double the debt again Within 10 Years, would you have approved? If any other of our presidents had criticized a state law That he admitted He never Even read, would you think that he is just an ignorant hot Head? If any other of our presidents joined the country of Mexico and sued A state In the United States to force that state to continue to allow illegal Immigration, Would you question his patriotism and wonder who's side he was On? If any other of our presidents had pronounced the Marine Corps like Marine Corpse, would you think him an idiot? If any other of our presidents had put 87,000 workers out of work by Arbitrarily placing a moratorium on offshore oil drilling on companies That Have one of the best safety records of any industry because one foreign Company had an accident, would you have agreed? If any other of our presidents had used a forged document as the Basis of The moratorium that would render 87000 American workers Unemployed would you Support him? If any other of our presidents had been the first President to need A Teleprompter installed to be able to get through a press conference, Would You have laughed and said this is more proof of how inept he is on his own And is really controlled by smarter men behind the scenes? If any other of our presidents had spent hundreds of thousands of Dollars to Take his First Lady to a play in NYC, would you have approved? If any other of our presidents had reduced your retirement plan Holdings of GM stock by 90% and given the unions a majority stake in GM, Would you have Approved? If any other of our presidents had made a joke at the expense of the Special Olympics, would you have approved? If any other of our presidents had given Gordon Brown a set of Inexpensive And incorrectly formatted DVDs, when Gordon Brown had given Him a thoughtful And historically significant gift, would you have approved? If any other of our presidents had given the Queen of England an IPod Containing videos of his speeches, would you have thought it a proud Moment For America ? If any other of our presidents had bowed to the King of Saudi Arabia , Would You have approved? If any other of our presidents had visited Austria and made Reference to the Nonexistent "Austrian language," would you have brushed It off as a minor Slip? If any other of our presidents had filled his cabinet and circle of Advisers With people who cannot seem to keep current in their income Taxes, would you Have approved? If any other of our presidents had stated that there were 57 states In the United States , wouldn't you have had second thoughts about his Capabilities? If any other of our presidents would have flown all the way to Denmark to Make a five minute speech about how the Olympics would benefit Him walking Out his front door in his home town, would you not have Thought he was a Self important, conceited, egotistical jerk. If any other of our presidents had been so Spanish illiterate as to Refer to "Cinco de Cuatro" in front of the Mexican ambassador when it was The 5th of May (Cinco de Mayo), and continued to flub it when he tried Again, wouldn't You have winced in embarrassment? If any other of our presidents had burned 9,000 gallons of jet fuel To go Plant a single tree on Earth Day, would you have concluded he's a Hypocrite? If any other of our presidents' administrations had okayed Air Force One Flying low over millions of people followed by a jet fighter in Downtown Manhattan causing widespread panic, would you have wondered whether they Actually get what happened on 9-11? If any other of our presidents had failed to send relief aid to Flood Victims throughout the Midwest with more people killed or made Homeless than In New Orleans , would you want it made into a major ongoing Political issue With claims of racism and incompetence? If any other of our presidents had created the position of 32 Czars Who Report directly to him, bypassing the House and Senate on much of what Is Happening in America , would you have ever approved. If any other of our presidents had ordered the firing of the CEO of A major Corporation, even though he had no constitutional authority to do So, would You have approved? So, tell me again, what is it about Obama that makes him so brilliant and impressive? Can't think of anything? Don't worry. He's done all this in 24 months -- so you have that much time to come up with an answer. Every statement and action in this email is factual and directly attributable to Barrack Hussein Obama. Every bumble is a matter of record and completely verifiable. |
| TheRumpledOne 6,529 posts msg #100412 - Ignore TheRumpledOne |
4/25/2011 4:40:38 AM In my inbox today: 900 teachers just got laid off from the Los Angeles Unified School District . They are $650,000 over their annual budget. The following English teacher helps to explain one area that looms large over California 's educational crisis. THIS HAS GOT TO BE PASSED ALONG TO AS MANY AS POSSIBLE OR WE WILL ALL GO DOWN THE DRAIN BECAUSE A FEW DON'T CARE. This English teacher has phrased it the best I've seen yet. This should make everyone think, be you Democrat, Republican or Independent From a California school teacher - - - "As you listen to the news about the student protests over illegal immigration, there are some things that you should be aware of: I am in charge of the English-as-a-second-language department at a large southern California high school which is designated a Title 1 school, meaning that its students average lower socioeconomic and income levels. Most of the schools you are hearing about, South Gate High, Bell Gardens, Huntington Park, etc.. where these students are protesting, are also Title 1 schools. Title 1 schools are on the free breakfast and free lunch program. When I say free breakfast, I'm not talking a glass of milk and roll -- but a full breakfast and cereal bar with fruits and juices that would make a Marriott proud. The waste of this food is monumental, with trays and trays of it being dumped in the trash uneaten. (OUR TAX DOLLARS AT WORK) I estimate that well over 50% of these students are obese or at least moderately overweight. About 75% or more DO have cell phones. The school also provides day care centers for the unwed teenage pregnant girls(some as young as 13) so they can attend class without the inconvenience of having to arrange for babysitters or having family watch their kids. (OUR TAX DOLLARS AT WORK) I was ordered to spend $700,000 on my department or risk losing funding for the upcoming year even though there was little need for anything; my budget was already substantial. I ended up buying new computers for the computer learning center, half of which, one month later, have been carved with graffiti by the appreciative students who obviously feel humbled and grateful to have a free education in America .. (OUR TAX DOLLARS AT WORK) I have had to intervene several times for young and substitute teachers whose classes consist of many illegal immigrant students here in the country less than 3 months who raised so much hell with the female teachers, calling them "Putas" (whores) and throwing things , that the teachers were in tears. Free medical, free education, free food, day care, etc, etc, etc. Is it any wonder they feel entitled not only to be in this country but to demand rights, privileges and entitlements? To those who want to point out how much these illegal immigrants contribute to our society because they LIKE their gardener and housekeeper and they like to pay less for tomatoes: spend some time in the real world of illegal immigration and see the TRUE costs. Higher insurance, medical facilities closing, higher medical costs, more crime, lower standards of education in our schools, overcrowding, new diseases etc., etc, etc. For me, I'll pay more for tomatoes. Americans, We need to wake up.The guest worker program will be a disaster because we won't have the guts to enforce it. Does anyone in their right mind really think they will voluntarily leave and return? It does, however, have everything to do with culture: A third-world culture that does not value education, that accepts children getting pregnant and dropping out of school by 15 and that refuses to assimilate, and an American culture that has become so weak and worried about "political correctness" that we don't have the will to do anything about it. If this makes your blood boil, as it did mine, forward this to everyone you know including your Congressmen CHEAP LABOR? Isn't that what the whole immigration issue is about? Business doesn't want to pay a decent wage. Consumers don't want expensive produce. Government will tell you Americans don't want the jobs. But the bottom line is cheap labor. The phrase "cheap labor" is a myth , a farce, and a lie. There is no such thing as "cheap labor." Take, for example, an illegal alien with a wife and five children. He takes a job for $5.00 or 6.00/hour. At that wage, with six dependents, he pays no income tax, yet at the end of the year, if he files an Income Tax Return, he gets an "earned income credit" of up to $3,200 free. He qualifies for Section 8 housing and subsidized rent. He qualifies for food stamps.. He qualifies for free (no deductible), no co-pay) health care. His children get free breakfasts and lunches at school. He requires bilingual teachers and books. He qualifies for relief from high energy bills... If they are or become, aged, blind or disabled, they qualify for SSI. Once qualified for SSI they can qualify for Medicare. All of this is at (our) taxpayer's expense He doesn't worry about car insurance, life insurance, or homeowners insurance. Taxpayers provide Spanish language signs, bulletins and printed material. He and his family receive the equivalent of $20.00 to $30.00/hour in benefits. Working Americans are lucky to have $5.00 or $6.00/hour left after paying their bills AND his. The American taxpayers also pay for increased crime, graffiti and trash clean-up. Cheap labor? YEAH RIGHT! Wake up people! THESE ARE THE QUESTIONS WE SHOULD BE ADDRESSING TO THE PRESIDENTIAL CANDIDATES FOR EITHER PARTY. 'AND WHEN THEY LIE TO US AND DON'T DO AS THEY SAY, WE SHOULD REPLACE THEM AT ONCE!' THIS HAS GOT TO BE PASSED ALONG TO AS MANY AS POSSIBLE OR WE WILL ALL GO DOWN THE DRAIN BECAUSE A FEW DON'T CARE |
| TheRumpledOne 6,529 posts msg #100414 - Ignore TheRumpledOne |
4/25/2011 10:44:58 AM In my inbox today: April 25, 2011 Graham Summers' Free Weekly Market Forecast (China Dumping Dollars edition) The US Dollar broke to a new low in the overnight futures session. It's not surprising as China announced over the weekend that it expects to trim its US Dollar exposure by 2/3. Yes, China has finally had enough of the US and its Federal Reserve. All of us were wondering at what point this would happen: China would only remain heavily invested in an asset that is rapidly losing value for so long. Well, now it's happened. Last week, several high-ranking Government officials in China announced that the country needs to diversify away from the Dollar... lowering the country's exposure to Dollar related assets to $1 trillion (1/3 of its current levels). Soon after this, the US Dollar definitively took out its 2009 low. This only leaves the 2008 low for major support. Gold and Silver have both exploded higher on the news. Gold cleared $1,520 per ounce while Silver cleared $50 per ounce. In simple terms, the world is now moving away from the US Dollar in a rapid pace. Russia and China are no longer using the US Dollar for trade between each other. Saudi Arabia is sending representatives to China and Russia to strengthen trade ties (which hints that oil may not be priced in Dollars in the coming years). And the BRICS (Brazil, Russia, India, China and now South Africa) recently staged a conference in southern China to discuss trading in their domestic currencies rather than the US Dollar. |
| Eman93 4,750 posts msg #100416 - Ignore Eman93 |
4/25/2011 4:27:25 PM |
| machismo 115 posts msg #100526 - Ignore machismo |
5/2/2011 5:33:10 PM Hurray for US Navy Seals, US Intelligence, ARMY and everyone involved with one of the best covert operation in US history. USA USA . |
| dwiggains 447 posts msg #100533 - Ignore dwiggains |
5/3/2011 10:10:31 AM AMEN machismo |
| TheRumpledOne 6,529 posts msg #100691 - Ignore TheRumpledOne modified |
5/11/2011 10:08:20 AM In my inbox: According to the Treasury’s own website the current staggering debt was only $20 billion shy of the ceiling. Check Table III in the lower right hand corner of the pdf page. https://www.fms.treas.gov/fmsweb/viewDTSFiles?dir=w&fname=11050900.pdf In my inbox: May 11, 2011 The Global Dollar Dump Is Already in Progress Pt 1 The following quotes signal the beginning of the End Game for the US Dollar: "We hope the U.S. government will take responsible policies and measures to safeguard investors' interests," [China's ministry] said in a statement. "Foreign-exchange reserves have exceeded the reasonable levels that we actually need," [China's central bank governor] said. "The rapid increase in reserves may have led to excessive liquidity and has exerted significant sterilization pressure. If the government doesn't strike the right balance with its policies, the build-up could cause big risks," he said, without elaborating. These two statements, in plain terms, are China saying it's sick of the US Dollar. Remember, the US Dollar and Dollar-denominated assets (Treasuries etc) are China's single largest holding. So the reference to "foreign-exchange reserves," is synonymous with "US Dollar denominated assets." On the surface, it will be easy to chalk all of this up to politician speak. After all, China has been issuing warnings to the US regarding the latter's financial condition since 2009. However, a few key developments have occurred that make it clear this latest round of statements are the real deal. First and foremost, China and Russia agreed late last year to begin trading with one another in their own currencies, NOT the US Dollar. In that step alone, two of the largest emerging markets (and economies) in the world moved away from the US Dollar. Add to this the fact that China just agreed to expedite trade relations with Brazil and you've got the beginnings of a flight from the US Dollar and the end of the Dollar's reserve currency status. Indeed, not three months after China signed this deal with Russia, China's president visited Washington and delivered a speech in which he stated that, "the current international currency system is the product of the past" (edits mine). Consider the "past" comment in relation to China's decision shutting the US Dollar out of its trade with Russia (and other items I'm about to detail). In this sense, the "past" is the US Dollar as the world's reserve currency. |
| TheRumpledOne 6,529 posts msg #100696 - Ignore TheRumpledOne |
5/12/2011 10:52:53 AM In my inbox today: May 12, 2011 The Global Dollar Dump Is Already in Progress Pt 2 This is part 2 of our "Global Dollar Dump" article series. In part we noted how China has already begun moving away from the US as a major trading partner. This move has set in motion a series of events that will result in the US Dollar losing its status as reserve currency of the world. Indeed, we are now seeing various other nations preparing for the end of the US Dollar as reserve currency. Consider that Saudi Arabia becoming so fed up with the US that it is sending trade representatives to China and Russia to strengthen trade ties. Saudi Arabia is the single largest oil producing country in the world. Saudi Arabia IS oil in some regard. Whatever currency Saudi Arabia chooses to denominate its oil exports in will be the world's reserve currency. So Saudi Arabia's decision to send trade representatives to China and Russia should be seen as Saudia Arabia seeing the writing on the wall, (death of the US Dollar) and starting the process of moving away from the greenback. Saudi Arabia is not the only one. Singapore announced today that it will begin trading Yuan. The significance of this is enormous. Singapore is one of the four largest financial hubs in the world (the others are New York, London, and Tokyo). It's also the second largest private banking center behind Switzerland. With its English-speaking population, first-world accounting standards, and close proximity to China, Singapore is literally a "gateway to the east" through which world capital flows into Asia. In simple terms, the world is beginning to shift away from the US Dollar as a reserve currency. This is not idle conjecture. This is fact. The writing is clearly on the wall for those who can read between the lines of the media's US-centric focus. |
| TheRumpledOne 6,529 posts msg #100709 - Ignore TheRumpledOne |
5/13/2011 9:00:37 AM The End of QEII: It’s Time to Make the Donuts http://www.pimco.com/EN/Insights/Pages/The-End-of-QEII-It%E2%80%99s-Time-to-Make-the-Donuts.aspx |
| TheRumpledOne 6,529 posts msg #100759 - Ignore TheRumpledOne |
5/17/2011 9:56:05 AM In my inbox today: For most of last week I wrote about the impending debt ceiling breech that should occur Monday, May 16th given the arithmetic. It turns out I was correct – the US government’s credit card is maxed out. Since the government always spends more money than it takes in via tax receipts, Congresses ability to spend is granted by its creditors and Master Card just said “no more.” The Master Card has not been revoked, it has been suspended and therein lies the truth: this is all political theatre. The same “theatre” has been performed many, many times before. In fact, Congress has raised the debt ceiling TEN TIMES since just 2001. In 2006, for instance, Senate Democrats voted unanimously against raising the debt limit for President George W. Bush. Then Senator Barack Obama thought raising the debt ceiling was a bad idea and made the vote unanimous. Here is part of his speech railing against the debt increase… The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better. Yes, America deserves a lot better than speeches and “hopium.” But the Republics are no better and are cut from the same hypocritical cloth. When their guy is NOT in the White House, all of a sudden it is a repugnant idea to raise the debt ceiling. The situation was reversed in 2010: no Senate Republicans supported a higher debt limit for Obama, accusing him of reckless government spending. Nothing has changed and nothing will change. Both sides of the isle are groups of petulant children and the market knows it. US interest rates are at near historic lows. The bond market knows that once the hissy-fit is over, Congress will agree to continue its profligate spending ways. |
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