Kentucky Conservative

Posts Tagged ‘President Barack Obama’

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President Obama is not faring too well at the G20 conference. If anything, the proposals he brings to the table are being met with wholesale rejection; by Germany and China in particular.

In all fairness, who can blame China for their position on the matter? The Fed wants to print $600 billion – not based on any Treasury holdings to back it – to purchase bond debt back from them at a devalued rate on the dollar.

I’m not a financial expert, economist or accountant, so I need these things put in layman terms for me to understand. But I can balance a checkbook and know you can’t spend more than you make or things start to bounce.

I believe the scenario being put forth by our president goes something like this:

Let’s say I have a net worth of $100,000,000. I have almost all of that money invested or budgeted. You lone me $1,000,000 so I can purchase products from your company. I issue you a bond (IOU) guaranteeing a specific very low rate of return over a specified period of time on this loan. Additionally, I promise to buy a certain amount of your products with the money you loaned me.

Everybody is happy right? I place an order for $1 million worth of your merchandise and you deliver it to me. My customers get the consumer products they want at bargain prices (because I can’t manufacture them for that price domestically) and your company has a guaranteed customer base which to service. The sky is bright blue and the world is hunky dory, right?

You send me a bill for $1,000,000, plus interest on the loan, for the items I received. I have already re-sold the stuff you sent me to my customers at a hefty profit. But being a greedy sort, I want more.

I also own a local printing company that has the ability to print money on demand. I ponder this opportunity and devise a plan to retire my debt to you at a discount. I’ll just print more money without backing it up with any additional collateral.

For the sake of simplicity, let’s say I print $10,000,000 in brand new $1 bills. My total currency circulation is now $110,000,000 but my net collateral worth is still only worth $100,000,000.

This devalues my paper money by 10% – every dollar I have in circulation is now only worth $0.90 in reality.

I cut you a check for $1,000,000 to pay my bill and send it to you. You cash it but it only offers $900,000 in buying power anywhere you try to use it. You are not a happy camper to say the least. You got screwed out of $100,000 and I walk away grinning like the village idiot.

That is what happens when an economy is inflated with devalued currency; inflation happens.

Let’s take this scenario real time. Say you are China and you made this deal with the US for $1 trillion and we paid you back at 90 cents on the dollar. You would lose $100 billion in the deal. You would also be more than a little upset no doubt. I would rather doubt a warm reception from you next time I came to you with a business offer.

“Burn me once, shame on you, burn me twice, shame on me.”

But the damage doesn’t stop there. The dollar is now only worth ninety-cents anywhere we, Americans, try to use it; including here at home.

The cost of living here instantly increases by 10%. The cost of producing anything here goes up 10%. Everything goes up in cost while wages remain the same.

Growth stalls in domestic businesses as they look for more ways to re-capture this 10% loss: no expansion is made, downsizing becomes the flavor of the month and benefits are cut for those lucky enough to keep their job.

Businesses are in business to make profits for their shareholders after all, and not in business to provide a place for people to go when there is no money to be made. If there are losses to be absorbed, they will almost always be on the employee/consumer end of things. It’s the nature of the beast.

When the economy stops moving and commerce slows or comes to a halt, you have a recession.

And that is where we sit at this moment. Everybody at the table is sitting on their hands to see who will move first. The Ivy League economists and talking-heads scream the recession is over, but it was them that got us in this mess.

Some how, I don’t think Harvard, Yale and Princeton have much to offer us in way of hope if this is an example of their “superior education and wisdom.” They may be pretty book-smart, but they sure are street-stupid.

Even if we buy products as imports, we will pay more for them because the dollar is only worth $0.90 abroad. One by one we are alienating trading partners and the day will come when no one will do business with us anymore.

“To be trusted you must be trustworthy.”

We are losing that status with every tick of the clock. No one wants to do business with known liars, scoundrels and thieves. And that is who holds our national purse strings in the form of the Federal Reserve Bank (who are owned by the New World Order elitists).

This is exactly the reason President Obama is talking to India, Indonesia and others. He is scrambling to find our next victims in this ponzy scheme being perpetrated by the New World Order.

The United States is the biggest obstacle for the NWO to overcome to complete their objective: one world government that owns all business interests and assets, with one government controlled world economy, ruled by a small group of elites over the serfs comprised by of the rest of us.

Our current world global chaos is not accidental, it is highly orchestrated and very well planned out by these globalists. The total collapse of the US economy is instrumental to their plan; this will allow them to swoop in like buzzards and devour our broken economy.

Never doubt for a minute they don’t have the wealth to do it – they already own about 75% of the globe. And they are buying up America one infrastructure at a time.

Scoff at this information if you will, it’s your future. The question is no longer if there will be a global revolution, but only when will it occur. You best be deciding where you stand now so you know if you want your freedom or are comfortable with assimilation when the global machine gobbles everything up.

Obama Redefines America’s Gift to the World

It’s probably no secret to anyone who reads this blog that there is no love lost between me and President Obama. I question his character, his agenda and his motives.

But he is, nonetheless, the President of the United States and I wouldn’t want to see anything happen to him to further destabilize the country. Especially abroad where the potential to drag the US into another mess could result. (ie. Archduke Ferdinand and the start of WWI.)

I am hoping against hope that the agendas of his visit are falsely being reported by our Secret Service to cloud any opportunities for would-be assassins to plan an attack. If what we are seeing in the media is all true, I can’t help but flash back to Dealy Plaza only 47 years ago this month.

It’s one thing for the Obama Administration to think their main man is 10′ tall, but expanding that to include bullet-proof is a bit of a stretch, even for King Barry. It’s obvious to most of us here in America that he ain’t in his right mind most days and we have a moral obligation to look after those of us who are mentally challenged.

All the warships in the US Navy are not going to stop the one-man show of a suicide extremist with a rifle and a well-placed head shot or a jihadist with a SAM to Marine One. But our security team would have a lot easier task in front of them if there was much more secrecy in play here.

When Bush went to Iraq, he just kinda showed up without much fanfare; effectively denying insurgents time to plan an attack. Why are we telegraphing the Obama itinerary in such detail to possible opportunists? It’s beyond me.

Like I said, I have little use for Obama and would not be particularly upset if he got offed. (Aside from the fact it would leave us stuck with Joe-Joe for two years.) But as an old soldier myself, it would bother me if poor decisions and bad judgment set the stage for our next military involvement in a foreign land and more American lives lost that could have been avoided by prudence.

34 warships sent from US for Obama visit

GOP Leader Mitch McConnell, (KY) put out the word in no uncertain terms for the White House to consider: “the single most important thing we want to achieve is for President Obama to be a one-term president.”

WH bristles over top Republicans’ remarks

This recent piece in Yahoo News shows the Obama trend continuing even in light of the pending election: It’s Bushes fault, the Republicans are hindering progress.

Malarky, Mr. President. It just ain’t so and we are tired of that redundant tripe. The problem is your policies have failed and taken us even further into the abyss of a government gone mad.

The American people are tired of hearing that nonsense. On November 2nd, we are sending you a mandate that even a blind man could see:

* stop blaming conservatives for the problems you birthed – Bush didn’t do it, you and your liberal Congress did it

*stop putting political correctness in front of nation security and our troops in the field

* Don’t try to block the repeal of the foisted Obamacare program when the Conservatives own the House

* stop the radical, insane spending of borrowed monies

* stop Congress from voting itself a raise when it denied the same to SS recipients and disabled vets (for the 2nd year running)

* close our national borders to invasion

* stop buying up industrial entities with taxpayers money

* and quit pandering to your special interest groups (the gay parade, labor unions and the liberal left media)

That just scratches the surface but should be enough to convey the notion we are not too tickled pink with you right about now.

But as we can already see, it’s going to be more of the same old, same old. We are not just tired of it Mr. President. We are SICK and tired of it.

Ever on the campaign trail, Obama makes another mockery of the media with a false-based photo-op. This guy would rather pay a fee to climb a tree and lie to you than stand on the ground and tell you the truth for free…

Turkeys, Teachers and Political Theatre