Thursday, February 16, 2012

The Dollar Versus Gold and Oil Since 1974

Notice how the three tracked together until the 90′s when the dollar was being artificially inflated. If the Fed had been doing its job the dollar would have continued to track with oil and gold. Now that the dollar is being purposely devalued, the world is going to be forced to trade oil in some new currency or gold. Just follow the green line into the future and you can find the ruins of what was once the United States of America.

The Dollar, Gold and Oil Since 1974

Compares the movement in the real dollar index with gold and oil prices since 1974. The oil and gold series are adjusted for CPI inflation and all series are smoothed with a 12-month moving average. The real dollar index is adjusted for the relevant trading partners own currency inflation rates and shows a distinctly different picture than the nominal version of the index.

Wednesday, February 8, 2012

Court Rules California Same-Sex Marriage Ban Unconstitutional

I know how most conservatives feel about this ruling, they are angry. I am angry as well, except for different reasons. This court dared to say they base their decision on the US Constitution. If they had taken the time to read the Constitution, they would have found marriage is not one of the powers given to the federal government. They did correctly find that all Americans must be treated equally under the law. The court should have went farther and ruled that under the Constitution government has no power over marriage.

As I have written before, states began to take control over marriage to prevent blacks and whites from marrying, Now the states are using the same laws to discriminate. The government uses marriage as a tool to require one American to pay more taxes than another. They use it to encourage Americans to have children in order to reduce their tax debt. This is social engineering at the maximum.

Because of conservative Democrats and Republicans, no court will ever properly interpret the Constitution and declare marriage in its current form unconstitutional.

Court: CA Same-Sex Marriage Ban Unconstitutional

SAN FRANCISCO (AP) – A federal appeals court on Tuesday declared California’s same-sex marriage ban to be unconstitutional, putting the bitterly contested, voter-approved law on track for likely consideration by the U.S. Supreme Court.
A three-judge panel of the 9th U.S. Circuit Court of Appeals ruled 2-1 that a lower court judge

Wednesday, August 24, 2011

Equality For All (Revised)

This is a revised version of a piece I wrote in November of 2010.
Let’s begin with that the fact that no group is for equality for everyone. If we look deep within ourselves we will find prejudices, or just unknowingly create inequalities. Progressives are always talking about taxing the rich to help pay for those less fortunate. If everyone is truly equal, how can you make one person pay more in taxes than another? The answer is simple—you can’t.
The left will ask, “How do you help the poor if you don’t tax the rich?” You help them by getting out of their life. I was talking with a gentleman in South Africa and he mentioned Shanty Town. This is an area that is government owned land where the poor began to build small shanty homes in which to live.

This made me think about how in America the Federal government is making gigantic land grabs, while at the same time taxing the so-called rich, supposedly in an effort to help the poor. I watched as local governments began to ban or greatly restrict mobile homes because they provided fewer property taxes. These are homes that the less fortunate can easily afford.

Our government decided they didn’t want people living in shantytowns or mobile homes, so they came up with the Community Reinvestment Act and began to throw around terms such as affordable housing. The federal government used its might to force banks to give house mortgages to people who could barely afford them. When the economy declined and interest rates dropped these people began to refinance their homes with the lower variable rate. In time those rates began to rise, so much that these people lost, or will lose, their homes. In some cases monthly payments doubled.

If the same people had lived in a cheaper mobile home, or some cheaper home of their own design, then the collapse of the US economy might have never happened. If people were truly free to live their lives, economy down turns would be more local than national.

Sunday, July 24, 2011

Social Security Trust Fund Theft

When the Social Security Act of 1935 was first created by the government, it was a well intended program. When you have politicians involved, even the best intentions often have disastrous consequences. From the beginning, social security took monthly contributions-taxes- and paid the recipients. By law, any excess revenues must be placed in special-issue, non-marketable Treasury bonds. Essentially, that is the federal government loaning itself money. The Treasury bonds go into Social Security and the actual money is spent in the general budget.

It is true that by being in the form of bonds, these assets-I use that word loosely- do gain interest, most often less than 2%. What even the most educated fail to tell you,  this is not truly an asset, but a debt. By turning those excess dollars into treasury bonds, the government can take Social Security funds and spend them any place they wish.

Over decades the Social Security trust has been shuffled around. For the sake of space, time, and understanding, I will reduce the movements to simply these:

Wednesday, June 29, 2011

China, The West’s Greatest Threat

We cannot walk into most department stores without seeing the shelves filled with products made in China or Mexico. Many people want to enact tariffs to allow American manufacturers to compete. It’s been proven in the past that tariffs can start trade wars, but there already more than 12,000 tariffs without any major problems. There are many goods in which Americans can only get from other countries. There are also many goods that that we no longer make in this country, and might never be made profitably in this country again.

We often think of cheap goods that are made in China, but it’s much more than that. Today, I learned that California is putting a new 2050 ft. bridge over the San Francisco bay. That bridge is being made in China and shipped in sections for $500 million less than it could be made in the USA. - American workers are assembling the bridge.

Quote from NY Times:
Pan Zhongwang, a 55-year-old steel polisher, is a typical Zhenhua worker. He arrives at 7 a.m. and leaves at 11 p.m., often working seven days a week. He lives in a company dorm and earns about $12 a day.

Sunday, June 19, 2011

Huma Abedin Weiner

Through all the talk about Anthony Weiner, we have mostly listened to jokes about his private parts and his name. His wife was often mentioned as a victim to his online tomfoolery.  Today, I want to talk about his wife, Huma Abedin Weiner.

In 1996, while Bill Clinton was president, he and Hillary met Huma while on a trip to Saudi Arabia. It’s unclear what transpired, but she ended up in Washington DC with close ties to the Clintons. We now know she is Secretary State Hillary Clinton’s deputy Chief of Staff. This is a very sensitive position so we would think Huma was well vetted.

Huma Abedin Weiner is a devout Muslim. Her brother, Hassan, works at the Oxford Center for Islamic Studies (OCIS) at Oxford University. He has close ties with the Muslim Brotherhood. The Egyptian Al-Azhar University, is well known for a curriculum that encourages extremism and terrorism, and is active in establishing links with OCIS.

Saturday, April 16, 2011

How I Came to be Where I Am Politically

It’s always interesting to discover how people come to a point in their lives. No one ever just wakes up one day Republican, Democrat, or Libertarian. I had a long evolution to become where I am today. Being a teen of the 60’s didn’t leave a lot of news choices. Back then the three television stations often signed off at midnight. Back then I have to admit being a Liberal Utopian.

One thing the current generation doesn’t remember is the Fairness Doctrine. At the end of the local news we would often hear counterpoints to some political statement the station had made. As a child of the 60’s I heard from peers how bad the war and other things were. I heard how “the man was down on me.” To a teen and young adult anarchy seemed a good choice. We knew the war was bad because the men in expensive suits telling the news told us this.