Shocking: Obama Asks For $500 Million To Wage War Against American Interests

another war in syria

At times I feel as if I live in an alternative Universe where stupidity is rewarded and common sense is frowned upon. Obama’s request for $500 Million to “finance” Syrian rebels is a perfect illustration of that. Obama seeks $500M to train, equip Syrian rebels

 Obama’s request to Congress for $500 million in training and arms to the opposition in effect opens a second front in the fight against militants spilling over Syria’s border and threatening to overwhelm neighboring Iraq. 

So, let me get this straight. The Obama administration is seeking $500 Million to

  • Perpetuate war in a foreign country & destabilize the entire region.
  • Directly finance the same people they are trying to fight. ISIS, Al Queda and who knows what else.
  • So the above mentioned groups can then turn around to fight Iraq’s army and the American “advisers” on the ground in Iraq

Now, anyone who thinks that these Syrian rebels or “freedom fighters” are not a part of the terrorist network or a part of ISIS, Al Queda, etc…. are seriously out of their mind. There could be no clear distinction made and I challenge you to study the subject matter. In essence, Obama is asking for $500 Million to fight America with American money. It is rarely that we see this level of stupidity. Even by Washington’s standards.

Z30

Shocking: Obama Asks For $500 Million To Wage War Against American Interests Google

Obama Plans To Cut The Deficit By $1 Trillion As We Lay Claim To 100% Jupiter Ownership

According to The Congressional Budget Office, should Obama’s budget pass, it will cut the deficit by $1 trillion over the next 10 years.  While an admirable effort and a step in the direction, it is not rooted in reality. Here is why. The CBO projections do not account for recessions, let alone a massive recession we anticipate over the next few years. They simply project today’s highly inflated (bubble level) data for decades into the future. Yet, when a bear market and a subsequent severe recession of 2014-2017 starts any projected cuts will very quickly turn into deficit spending.  Unfortunately, any deficit reduction ain’t nothing but a pipe dream.  

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Obama Plans To Cut The Deficit By $1 Trillion As We Lay Claim To 100% Jupiter Ownership Google

CNN Money Writes: Obama would cut deficits by another $1 trillion

The official nonpartisan take on President Obama’s 2015 budget proposal is in: He would curb deficits even more than today’s policies.

Of course, the budget wheels for next year are already in motion in Congress, making the president’s budget, in effect, a dead letter. It is, however, his wish list for taxes and spending.

The Congressional Budget Office on Thursday said Obama’s budget would reduce annual deficits by about $1 trillion more than CBO projects over the next 10 years.

It would do so by raising about $1.4 trillion more in revenue, while also raising noninterest spending by $446 billion, the CBO noted in its analysis.

The net effect: The country’s accumulated debt, currently about 74% of the size of the economy, would grow in dollar terms but still remain at 74% of GDP by 2024.

Here are some of Obama’s proposals with the biggest effects on the federal budget:

Limit tax breaks for high income households: The biggest revenue raiser is Obama’s proposal to limit the value of itemized deductions, as well as certain tax exclusions, to 28% of the amount claimed.

The plan, estimated to raise $498 billion over a decade, would hit mostly individuals who make more than $200,000 and married couples who bring in more than $250,000.

Immigration reform: The president called for comprehensive immigration reform, a proposal broadly similar to a bill the Senate passed last year. CBO estimated that legislation would raise $456 billion in new revenue and raise spending by $298 billion.

The rise in legal immigrants and the U.S. population overall would increase spending on refundable tax credits, Medicaid and health insurance subsidies, among other federal benefits. And it would increase spending for the implementation and enforcement of the bill’s provisions.

But it would also create even more tax revenue by way of income and payroll taxes, the agency had noted.

Less overseas military funding: The president wants to spend $659 billion less on overseas contingency operations, such as those in Afghanistan, than would occur under current policies.

Raise other spending caps: Obama would eliminate automatic spending reductions scheduled to take place between 2016 and 2021, and raise spending caps through 2021 for most discretionary programs. But he would also keep those caps in place through 2024.

On net, these proposals would increase spending by $433 billion (or 4%) over the next decade.

Jews Are Told To Flee Ukraine Before It’s Too Late. Why Is Obama Supporting Neo-Faschists?

Various reports confirm. Attacks on Jews in Ukraine are intensifying (see report below). Just last night a Rabbi and his 3 year old son were beaten to a pulp by a group of neo-fascist closely related to Ukraine’s new government. That’s right, not by Russian troops, but by the same people who want the US to interfere militarily into Ukraine and possibly start a WW 3. President Obama met with the illegitimate and illegal leader of Ukraine in the White House. In the fu$%ing White House. My questions are as follows…..

  • Why is Obama meeting with a Neo-Fascist backed illegitimate government leader in the White House?
  • Why is Obama Administration hell bent on going to war over Ukraine? A small country 6,000 miles away from American shores.

Can someone explain this to me….or….. are these people just a bunch of fucking warmongers? 

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Jews Are Told To Flee Ukraine Before It’s Too Late. Why Is Obama Supporting Neo-Faschists? Google

 

After two Jewish Yeshiva students were attacked last month – a story covered by Times of Israel – Moshe Reuven Essman, one of the Chief Rabbis of Ukraine, urged Jews to flee Kiev if not the entire country while they still can.

According to an article in Ma’ariv, Essman said the following:

“I said to my community to go out from the city center or the city in general and if possible from the state,” says Essman. “I did not want to open your tongue, but there are always warnings about attacking Jewish institutions.”

With the situation in Ukraine having some to a head, with chaos and violence in the streets of Kyiv, concerns about the safety of the Jewish community in the city is rising. Many Jews live within walking distance of the main square – Maidan – where the violence has been occurring, and the situation remains unpredictable.

Although there has been no overt signs of anti-Semitism in the EuroMaidan protests to date, one of the leading political parties leading the protests has far-right neo-Nazi and anti-Semitic roots. As the BBC has noted, in 2005 Oleh Tyahnybok, the leader of Svoboda, signed an open letter to Ukrainian leaders, including President Yushchenko, entitled Stop the Criminal Activities of Organised Jewry, the comments of which the BBC summarized as follows:

• calling for the government to halt the “criminal activities” of “organised Jewry”,
• Lists Jewish businessmen, who got rich in the 1990s, and claims they control Ukrainian media
• Describes Zionism as “Jewish Nazism” and warns of “genocide” through the impoverishment of Ukrainians
• Demands investigation into the activities of Jewish organisations headed by people “suspected of serious crimes”

Svoboda is now the fourth largest political party in the Ukrainian Parliament, and even beyond Tyahnybok, other Svoboda political leaders have also made anti-Semitic remarks. For example, Parliamentary deputy Igor Miroshnychenko once called Ukrainian-born American film actress Mila Kunis a “dirty Jewess”, while another deputy founded the Joseph Goebbels Political Research Center in 2005.

To provide some context, from a historical perspective, Ukraine does have a history of anti-Semitism, and there was widespread collaboration with the Nazis in Ukraine after the German invasion of the former Soviet Union in 1941. Ukraine suffered horribly under the forced farm collectivization Soviet Dictator Joseph Stalin in the 1930s, with as many as seven million Ukrainians dying from starvation, including three million children. Not surprisingly, many Ukrainians initially looked on the Germans as liberators from Soviet rule, and what many perceived as Russian “Jewish Bolshevism”.

It should be noted that the vast majority of the protesters on Euromaidan to date have been ordinary citizens who in the face of horrifying losses from pro-government snipers in the security forces, the opposition has forced the authoritarian Ukrainian President Victor Yanukovych to flee Kiev. The opposition seems to have a large proportion of young, democratically oriented liberals who wish to be part of what they perceive as a civilized EU and Europe rather than a Russian-dominated “Eurasian Customs Union”. And even Svoboda, as it emerged as a power in Parliament recently has moderated its language and seems to have purged itself of its previous anti-Semitic leanings.

With all that said, however, given the history of Jews in Ukraine, the situation in that country bears watching closely as events unfold.

More Economic Insanity From The White House

ObamaEconomics-investwithalex

In his State of the Union address, President Obama announced that he is raising the minimum wage for new federal contract workers to $10.10 an hour. Challenging lawmakers and states to do the same. In essence, hoping that the his action will lead to an eventual rise in nationwide minimum wage.   

Here is the behind the scenes explanation of why he is doing it, why it will not work and why these idiotic economic policies by the FED and by the US Government are killing the US Economy.

Now, prior to understanding what is behind this move, you must be made aware of our overall economic environment. While it seems complex, it is quite easy.

As of right now the US Economy is being pushed and pulled by two opposite forces. Inflation and deflation. How is it possible?

Technically speaking we are in a deflationary environment. It is a naturally occurring cycle where the prices of goods and services go down due to over capacity, credit decline/collapse and stronger currency. If you think about it, deflation is great for both consumers and businesses.

Yet, our Federal Government and the FED’s are terrified of deflation. Why? Because they have a massive pile of debt that they have to pay back. A little over $17 Trillion.

The problem is, there is no way in hell they will be able to pay this debt pack under normal circumstances and no way in hell X 10, in a deflationary environment.

The only way out of this mess is through inflation or war. That is why the FEDs have been working overtime printing money and trying to inflate our debt (and our money) away. With mixed results.

Hence the reason behind our current deflationary and inflationary forces. Forcing some prices (ex: food) to go up while other prices to decline or collapse (ex: asset prices or services).

The bottom line is, the Government needs inflation at any cost. This brings us to President Obama’s pledge or push to increase nationwide minimum wage. Again, it has nothing to do with getting people out of poverty and everything to do with inflating away national debt and destroying the dollar.

Yet, unemployment (or true unemployment) remains high and in such an environment wages will have to stay low. No matter what President Obama does, he has very little pull in free markets and when there is a readily available oversupply of work force, wages will stay where they are.

The bigger issue here is blatant destruction of the US Economy and the US way of life through pure economic stupidity. What you are witnessing now is the end of the road and an eventual collapse of the house of cards that is the US Economy. 

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More Economic Insanity From The White House

Warning: Obama Admits. Another Depression Is Just Around The Corner

Huffington Post Writes: Larry Summers’ Desperate Depression-Fighting Idea May Soon Be Reality

Learning From History

If you think people who save money are being punished by low interest rates, wait until they have to deal with negative interest rates.

Slashing rates well below zero to make it painful not to spend money is the desperate approach to avoiding an economic depression recently endorsed by Larry Summers, President Obama’s former top economic advisor and one-time pick to run the Federal Reserve. With economic growth likely to be weak for the next infinity, the job market stubbornly awful and inflation disappearing, central bankers around the world have been toying with the idea for a while. Every day it gets closer to being a reality.

Read The Rest Of The Article Here.

Well, there you have it.

First, why are they talking about a depression?  If you listen to Bernanke, Yellen and/or Obama you would believe things are great and getting better. Unemployment is down, economy is up, stock markets are surging, etc….   What the hell do they mean by “desperate approach to avoiding an economic depression.”  Is Larry Summers on drugs?

Maybe the FED’s are not as stupid as I make them out to be.  If that is true, that makes them liars and criminals, committing economic crimes against the American people. Technically speaking that is exactly what they are doing. Uhmmmm, moving on before I get a call from NSA……

Listen, they know what they did and they know what is coming. The only way to combat that is to continue pumping a tremendous amount of money into the economy while hoping that interest rates stay low. However, they are running out of options.  Given current economic backdrop there isn’t that much more they can do.  Will bringing interest rates down to zero work ?

The answer is NO. Japan has tried that for 20 years without any success.  All they succeeded at is destroying their economy while trying to stimulate it. Here is the kicker….

Everyone, and I mean everyone believes that the markets behave based on what the FED does. Everyone believes that the FED’s can control and manipulate financial markets at will. That is the biggest and the most dangerous misconception everyone has. It might look that way, but they do not.

Remember 2007-09? Eventually markets will readjust on their own accord. When they do, there will be hell to pay. With or without 0% interest rates. The bear market is coming in 2014. 

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Warning: Obama Admits. Another Depression Is Just Around The Corner 

Stunning Obama Admission. US Economic Depression Is Coming

Huffington Post Writes: Larry Summers’ Desperate Depression-Fighting Idea May Soon Be Reality

Learning From History

If you think people who save money are being punished by low interest rates, wait until they have to deal with negative interest rates.

Slashing rates well below zero to make it painful not to spend money is the desperate approach to avoiding an economic depression recently endorsed by Larry Summers, President Obama’s former top economic advisor and one-time pick to run the Federal Reserve. With economic growth likely to be weak for the next infinity, the job market stubbornly awful and inflation disappearing, central bankers around the world have been toying with the idea for a while. Every day it gets closer to being a reality.

Read The Rest Of The Article Here.

Well, there you have it.

First, why are they talking about a depression?  If you listen to Bernanke, Yellen and/or Obama you would believe things are great and getting better. Unemployment is down, economy is up, stock markets are surging, etc….   What the hell do they mean by “desperate approach to avoiding an economic depression.”  Is Larry Summers on drugs?

Maybe the FED’s are not as stupid as I make them out to be.  If that is true, that makes them liars and criminals, committing economic crimes against the American people. Technically speaking that is exactly what they are doing. Uhmmmm, moving on before I get a call from NSA……

Listen, they know what they did and they know what is coming. The only way to combat that is to continue pumping a tremendous amount of money into the economy while hoping that interest rates stay low. However, they are running out of options.  Given current economic backdrop there isn’t that much more they can do.  Will bringing interest rates down to zero work ?

The answer is NO. Japan has tried that for 20 years without any success.  All they succeeded at is destroying their economy while trying to stimulate it. Here is the kicker….

Everyone, and I mean everyone believes that the markets behave based on what the FED does. Everyone believes that the FED’s can control and manipulate financial markets at will. That is the biggest and the most dangerous misconception everyone has. It might look that way, but they do not.

Remember 2007-09? Eventually markets will readjust on their own accord. When they do, there will be hell to pay. With or without 0% interest rates. The bear market is coming in 2014. 

Did you enjoy this article? If so, please share our blog with your friends as we try to get traction. Gratitude!!! 

Obama Dreams Of Bubbles

Reuters Writes: Obama: Fed chair will prevent asset bubbles, focus on jobs

 obama bernanke investwithalex

(Reuters) – President Barack Obama said on Wednesday the person he selects to head the Federal Reserve when Chairman Ben Bernanke’s term ends in January will prevent asset bubbles from forming and try to bring down the unemployment rate.

“They’re going to be making sure that they keep an eye on inflation, that they’re not encouraging some of the bubbles that we’ve seen in our economy that have resulted in busts,” Obama said in an interview on CNBC.

Read The Rest Of The Article Here

Ummmm, President Obama, I have very bad news for you.  If you want the Fed Chairman to prevent asset bubbles, it might be a little too late.

As of right now, we are in the……wait for it…….wait for it………LEGENDARY & EPIC credit bubble, the likes of which the human kind has never seen before. It is an experiment in speculative finance on a massive and global scale.  And yes, you are, Chairman Bernanke/Greenspan and the rest of the US Government are to blame for it.

This credit finance bubble is so massive that it encompasses many smaller ones. They include but are not limited to the real estate bubble, student debt bubble, stock market bubble, bond bubble, corporate debt bubble, car sales bubble and the list goes on.  There is no question that one way or another we will have to pay for it. Whether it blows up or slowly deflates, the economic pain associated with it will be severe.

What troubles me the most is that our officials Obama/Bernanke/Government are either complete idiots who do not understand simple economics (by making the statements above) or they are very good liars.  I leave that for you to decide. 

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