I am absolutely sure Obama had nothing to do with this. Democracy is breaking out in the middle east. It may not get out of the box but they are trying. In this video you will see the girl, Neda, die. This girl's death singularly will bring down the government and the people will now rule Iran. Her face and eyes are speaking VOLUMES as she dies. God Bless Her Soul and that of her nation.
Monday, June 22, 2009
Bloodshed in Iran -
Panties on the Head is TORTURE
Medal of Honor Recipient, Bud Day, tells what torture is and what is NOT torture. The United States has never condoned torture as it is properly defined. Embarrassment or temporary fright without lasting effect are NOT torture.
Wednesday, June 17, 2009
Dennis Gartman's Rules of Trading
Dennis Gartman's Rules of Trading ~ market folly:
I've seen these rules numerous times but have never posted them up. So, I have to give a hat tip to Todd Sullivan over at Value Plays for posting them up recently and reminding me of them again. If you are unfamiliar with Dennis Gartman, he writes the famed Gartman Letter. Taken from his site, 'The Gartman Letter is a daily commentary on the global capital markets subscribed to by leading banks, broking firms, hedge funds, mutual funds, energy and grain trading companies around the world.' He also talks about his trades/plays and walks you through his thought-process. We definitely enjoy his commentary and if anyone is a subscriber, let us know. To the rules:
DENNIS GARTMAN’S NOT-SO-SIMPLE RULES OF TRADING
1. Never, Ever, Ever, Under Any Circumstance, Add to a Losing Position… not ever, not never! Adding to losing positions is trading’s carcinogen; it is trading’s driving while intoxicated. It will lead to ruin. Count on it!
2. Trade Like a Wizened Mercenary Soldier: We must fight on the winning side, not on the side we may believe to be correct economically.
3. Mental Capital Trumps Real Capital: Capital comes in two types, mental and real, and the former is far more valuable than the latter. Holding losing positions"
I've seen these rules numerous times but have never posted them up. So, I have to give a hat tip to Todd Sullivan over at Value Plays for posting them up recently and reminding me of them again. If you are unfamiliar with Dennis Gartman, he writes the famed Gartman Letter. Taken from his site, 'The Gartman Letter is a daily commentary on the global capital markets subscribed to by leading banks, broking firms, hedge funds, mutual funds, energy and grain trading companies around the world.' He also talks about his trades/plays and walks you through his thought-process. We definitely enjoy his commentary and if anyone is a subscriber, let us know. To the rules:
DENNIS GARTMAN’S NOT-SO-SIMPLE RULES OF TRADING
1. Never, Ever, Ever, Under Any Circumstance, Add to a Losing Position… not ever, not never! Adding to losing positions is trading’s carcinogen; it is trading’s driving while intoxicated. It will lead to ruin. Count on it!
2. Trade Like a Wizened Mercenary Soldier: We must fight on the winning side, not on the side we may believe to be correct economically.
3. Mental Capital Trumps Real Capital: Capital comes in two types, mental and real, and the former is far more valuable than the latter. Holding losing positions"
Health Plan - New Taxes - Destroy the Poor
The Economics of The Obama Plan
1. Provide a one payer health plan (the government) to compete with private industry and force costs down.
1a. Result: drives the 1300 private sector insurers (who are not competitive enough?) out of business and the government becomes the ONLY provider.
2. The cost of the program over 10 years is estimated at 2.5 $TRILLION.
2a. Result: This creates a huge - entirely new - hole in the budget that must be filled.Taxes Must be raised.
3. Revenue will be raised by new sales taxes (VAT taxes), Taxes on unhealthy foods like sugar (carbon) and higher cigarette taxes. The idea here is to reach a wider base of tax revenue from ALL spectra of society including the poor while encouraging better caloric intake among unhealthy eaters (mainly the poor). Note the pubic mantra of the "social reformers" is that they are only taxing the "rich". It is never close to enough revenue so stealth taxes like VAT and "Carbon Tax" are introduced.
3a. Result: The middle class and poor will lose another 10 to 20 percent (plus) of their disposable income to taxes on the foods they can afford, everything they can afford to buy to make their lives better. In effect, the VAT tax, the cigarette tax and the caloric tax (not to mention the "carbon tax" on energy) - are all aimed directly at the poor and the middle class who do not participate in the revenue support of income tax typical of high earners.
4. Print more money to feed the marketplace and stimulate more spending and pay for more government supported jobs for the continued unemployed and under-insured.
4a.Result: Flooding the economy with more dollars makes them worth less (inflation). So, in a way this adds another 10 - 20 percent (plus) "tax" on the poor and middle class. Let's assume the very wealthy have money management systems to protect their wealth from the ravaging effects of inflation (in most cases). But the cost of bread, milk, hamburgers and cars will rise since every dollar is worth less than it was before the "extra dollars" were printed.
5. With inflation - VAT tax, Sugar tax, Cigarette tax, and the energy "Carbon Tax" (cap and trade effect) - the Middle Class and Poor now have less disposable income to purchase the necessities of life. The few pleasures like a meal out at a fast food restaurant are more expensive.
5a. Result: Now the poverty level must be raised because it takes more money just to get by. More dollars must be printed and more taxes must be raised to create the funds to pay more "entitlements" for the retired, to the infirm, to the poor - to make up for the drop in the value of their money. Next step: SEE # 3 above - More Obama medicine.
6. Government jobs are created - troubled companies are purchased outright - to get more people off the "unemployment" rolls.
6a. Result: Private industry reduces output because the heavier taxes are slowing the purchases of goods by the middle class and poor. Private sector jobs continue to disappear. MORE important - the TAX REVENUE from the private industry companies and employees AND investors - dries up. Entrepreneurial people move to a cash economy and begin to operate under the radar of the tax system - government revenue drops even further. See #3 above - the Democrat solution - Raise taxes even more.
6b. MORE Results: Eventually there is never enough tax revenue to support all the government programs. Unending inflation and poverty destroy the retired, the middle class, the poor and last of all - the rich. The poor and middle class have fewer opportunities and progress upward is stymied. The spiral of lower government revenue - higher poverty - and desperation continues as the leadership continues to revert to step # 3. Health Care costs spiral ever upward as more and more people lose private sector options and depend on the government.
*** Study cities in the RUST BELT that have followed this strategy under Democrat Leadership for decades. They are now dead. Their industries are gone. Entire neighborhoods are boarded up. Some of the biggest supporters of the Obama Regime - like the unions - are now the co-owners (with the government) of the near-dead auto companies. Low tax - non union - right to work states like Mississippi, Alabama, Georgia and Tennessee have taken the jobs - sadly with foreign owned companies - since the unions would not allow American car companies to relocate.
***************
The Republican Solution -- which has been completely blocked out since the majority Democrat Congress and now the Obama Administration.
.......................
1.REDUCE TAXES across the board ... (Democrats hate this because it fails to address their need to stimulate class warfare)
2a. This frees up more investment income among the investor class - They compete to produce more goods for the consumer class that includes the poor and middle class who benefit from expanded output and more choices and competing prices. The production requires more private sector jobs, most of which also produce revenue from income tax. More private sector revenue increases the tax revenue to the government - supporting the budget and in the best of times - paying down the debt. Unemployment drops. The number of insured goes up with more private sector employment. In short - MORE government REVENUE results from LOWER taxes across the board. The greater revenue responding from lower taxes is a resource to everyone - in health care - in food prices and availability and more. A consistent stream of younger poor keep moving out of the ranks of the poor to the ranks of the middle class and higher. The cycle of revenue production for the government builds on itself. It self perpetuates, benefitting all the people.
2c. Limit tort action against doctors and hospitals (this is the trial lawyer - ambulance chasing - suite happy lawyers who supported Obama and who along with unions are first in line for all Obama legislation scams. Obama and the Liberal Dems will NEVER reform tort laws which cause Doctors and hospitals to perform 10 times the tests they need to run and that force them to make decisions based on every lawsuit potential versus the individual needs of the patient. Example: They keep you in the hospital two days or overnight at least when not even needed just to check off one of the legal issues boxes which may have no relationship to your own case.
1. Provide a one payer health plan (the government) to compete with private industry and force costs down.
1a. Result: drives the 1300 private sector insurers (who are not competitive enough?) out of business and the government becomes the ONLY provider.
2. The cost of the program over 10 years is estimated at 2.5 $TRILLION.
2a. Result: This creates a huge - entirely new - hole in the budget that must be filled.Taxes Must be raised.
3. Revenue will be raised by new sales taxes (VAT taxes), Taxes on unhealthy foods like sugar (carbon) and higher cigarette taxes. The idea here is to reach a wider base of tax revenue from ALL spectra of society including the poor while encouraging better caloric intake among unhealthy eaters (mainly the poor). Note the pubic mantra of the "social reformers" is that they are only taxing the "rich". It is never close to enough revenue so stealth taxes like VAT and "Carbon Tax" are introduced.
3a. Result: The middle class and poor will lose another 10 to 20 percent (plus) of their disposable income to taxes on the foods they can afford, everything they can afford to buy to make their lives better. In effect, the VAT tax, the cigarette tax and the caloric tax (not to mention the "carbon tax" on energy) - are all aimed directly at the poor and the middle class who do not participate in the revenue support of income tax typical of high earners.
4. Print more money to feed the marketplace and stimulate more spending and pay for more government supported jobs for the continued unemployed and under-insured.
4a.Result: Flooding the economy with more dollars makes them worth less (inflation). So, in a way this adds another 10 - 20 percent (plus) "tax" on the poor and middle class. Let's assume the very wealthy have money management systems to protect their wealth from the ravaging effects of inflation (in most cases). But the cost of bread, milk, hamburgers and cars will rise since every dollar is worth less than it was before the "extra dollars" were printed.
5. With inflation - VAT tax, Sugar tax, Cigarette tax, and the energy "Carbon Tax" (cap and trade effect) - the Middle Class and Poor now have less disposable income to purchase the necessities of life. The few pleasures like a meal out at a fast food restaurant are more expensive.
5a. Result: Now the poverty level must be raised because it takes more money just to get by. More dollars must be printed and more taxes must be raised to create the funds to pay more "entitlements" for the retired, to the infirm, to the poor - to make up for the drop in the value of their money. Next step: SEE # 3 above - More Obama medicine.
6. Government jobs are created - troubled companies are purchased outright - to get more people off the "unemployment" rolls.
6a. Result: Private industry reduces output because the heavier taxes are slowing the purchases of goods by the middle class and poor. Private sector jobs continue to disappear. MORE important - the TAX REVENUE from the private industry companies and employees AND investors - dries up. Entrepreneurial people move to a cash economy and begin to operate under the radar of the tax system - government revenue drops even further. See #3 above - the Democrat solution - Raise taxes even more.
6b. MORE Results: Eventually there is never enough tax revenue to support all the government programs. Unending inflation and poverty destroy the retired, the middle class, the poor and last of all - the rich. The poor and middle class have fewer opportunities and progress upward is stymied. The spiral of lower government revenue - higher poverty - and desperation continues as the leadership continues to revert to step # 3. Health Care costs spiral ever upward as more and more people lose private sector options and depend on the government.
*** Study cities in the RUST BELT that have followed this strategy under Democrat Leadership for decades. They are now dead. Their industries are gone. Entire neighborhoods are boarded up. Some of the biggest supporters of the Obama Regime - like the unions - are now the co-owners (with the government) of the near-dead auto companies. Low tax - non union - right to work states like Mississippi, Alabama, Georgia and Tennessee have taken the jobs - sadly with foreign owned companies - since the unions would not allow American car companies to relocate.
***************
The Republican Solution -- which has been completely blocked out since the majority Democrat Congress and now the Obama Administration.
.......................
1.REDUCE TAXES across the board ... (Democrats hate this because it fails to address their need to stimulate class warfare)
2a. This frees up more investment income among the investor class - They compete to produce more goods for the consumer class that includes the poor and middle class who benefit from expanded output and more choices and competing prices. The production requires more private sector jobs, most of which also produce revenue from income tax. More private sector revenue increases the tax revenue to the government - supporting the budget and in the best of times - paying down the debt. Unemployment drops. The number of insured goes up with more private sector employment. In short - MORE government REVENUE results from LOWER taxes across the board. The greater revenue responding from lower taxes is a resource to everyone - in health care - in food prices and availability and more. A consistent stream of younger poor keep moving out of the ranks of the poor to the ranks of the middle class and higher. The cycle of revenue production for the government builds on itself. It self perpetuates, benefitting all the people.
2c. Limit tort action against doctors and hospitals (this is the trial lawyer - ambulance chasing - suite happy lawyers who supported Obama and who along with unions are first in line for all Obama legislation scams. Obama and the Liberal Dems will NEVER reform tort laws which cause Doctors and hospitals to perform 10 times the tests they need to run and that force them to make decisions based on every lawsuit potential versus the individual needs of the patient. Example: They keep you in the hospital two days or overnight at least when not even needed just to check off one of the legal issues boxes which may have no relationship to your own case.
Tuesday, June 16, 2009
Charles Krauthammer - New Economy
Charles Krauthammer - New Economy - ME3TV Broadcasting
A MUST READ to understand where Obama is going.
A MUST READ to understand where Obama is going.
Sunday, June 14, 2009
he Walpin Story
Power Line - The Walpin Story
This story has a lot of implications but probably Walpin was not entirely correct in his approach either. The comments help to shape the debate here. Still, The Chicago Way is the "new way".
This story has a lot of implications but probably Walpin was not entirely correct in his approach either. The comments help to shape the debate here. Still, The Chicago Way is the "new way".
Global Climate Change - Rethink It
I doubt those already indoctrinated to the social re-engineering scam of global climate change will ever read this through more than a paragraph. A sad state of affairs from the very people who "claim" to be the "open minded" liberal thinkers of the world.
 clipped from wattsupwiththat.com
|
Global Climate Change - Rethink It
I doubt those already indoctrinated to the social re-engineering scam of global climate change will ever read this through more than a paragraph. A sad state of affairs from the very people who "claim" to be the "open minded" liberal thinkers of the world.
 clipped from wattsupwiththat.com
|
Saturday, June 13, 2009
The Party of 'Know,'
The Party of 'Know,' Not 'No' - HUMAN EVENTS
Ted Nugent is a bit of a loudmouth but the points are good.
Ted Nugent is a bit of a loudmouth but the points are good.
Monday, June 08, 2009
Oldest Holocaust Survivor
http://www.cbs2.com/video/?id=102822@kcbs.dayport.com
An interesting report.. and a channel worth a bookmark!
An interesting report.. and a channel worth a bookmark!
Sunday, June 07, 2009
VW Factory - Germany
Qute a factory. Surely a marketing tool in addition to its function as a factory. Notice the few workers and the heavy use of robotics. American Unions have fought robotics all the way for 30 years and now they have fewer workers anyway and about 1/4 the market they once had.
Saturday, June 06, 2009
Friday, June 05, 2009
John Murtha's Pork Laden Airport
Well, these are the people that will tell us how to save the planet and how to build cars that nobody will buy. What is the 5 year plan? Remember the Soviet Union. The Party rules !
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