<< <i>I live in Minot, ND which is 2 hours away from the Bakken area where the boom is taking place. We have always been in a bubble when it came to the economy. ND is readying for a 2 billion dollar surplus. I work in the gas and oil business and I have talked to quite a few people from EVERYWHERE. I just cannot fathom having to leave my family for months at a time just to support them. I applaud them and feel for them at the same time. I only wish everyone could take advantage of our situation up here. >>
A vote for the "energy" candidate sounds like boomlets will occur throughout the country.
<< <i>A quote worth passing along (author unknown):
"The danger to America is not Barack Obama but a citizenry capable of entrusting an inexperienced man like him with the Presidency. It will be far easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails America . Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince. The Republic can survive a Barack Obama. It is less likely to survive a multitude of Idiots such as those who made him their president." >>
We have a failed educational system founded on a total lack of responsibility and the unwillingness to hurt anyone's feelings. The citizenry voting for Obama is a product of this educational system. The citizenry voted for those who caused this to happen and the only competition to Obama is and has been the same.
The republic once flew on two wings but both wings were broken long ago. People must wake up and hold everyone responsibnle for actions and outcomes. Currently no one is responsible except for pro- fessed beliefs which must be politically correct. Beliefs are irrelevant. Outcomes are what matter. If a politician can't do a simple thing like seeing that billions of dollars actually results in kids learning to read and write then he must be booted.
FED policy currently drives the dollar index and therefore spot prices. While a new chairman is always a possibility do not look for the stimulus, interest rate or dollar policy to change any time soon, regardless of what face shows up at the news conferences.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<<<We have a failed educational system founded on a total lack of responsibility and the unwillingness to hurt anyone's feelings. The citizenry voting for Obama is a product of this educational system. The citizenry voted for those who caused this to happen and the only competition to Obama is and has been the same.>>>
Harsh, but true. As a Nation, we've allowed ourselves to be dumbed-down. Part of the result of that is 35 year olds still living at home, I'm talking about the ones who've never left home.
To forgive is to free a prisoner, and to discover that prisoner was you.
Jimmy Fallon joke: Ryan said that he expects Biden to come after him like a cannonball. Bidens excited response to that was, there's going to be a pool there?
To forgive is to free a prisoner, and to discover that prisoner was you.
The next four or eight years won't fix things. We don't even know what the fix is, because its so complex a balance.. I would hope that debt/def is addressed more, instead of more printing. And hopeully, the things that replace the parts we have now, don't make it worst. What are the odds?
As far as the "thriller in Mynilla" tonight don't over anticipate. If it gets boring, switch to Dexter. There's more blood.
Its lunch time, go buy some PMs... Theres a slight dip.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>"The price of Apathy towards public affairs is to be ruled by evil men". Plato >>
"Choosing the lesser of two evils still gives you evil" - Derry.
There are other choices.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Thought this was pretty interesting. NOTE I have not checked all facts.
In 1887 Alexander Tyler, a Scottish history professor at the University of Edinburgh, had this to say about the fall of the Athenian Republic some 2,000 years prior: "A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. >From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse over loose fiscal policy, (which is) always followed by a dictatorship."
"The average age of the world's greatest civilizations from the beginning of history, has been about 200 years. During those 200 years, these nations always progressed through the following sequence:
From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to complacency; From complacency to apathy; From apathy to dependence; From dependence back into bondage." The Obituary follows:
Born 1776, Died 2012 It doesn't hurt to read this several times. Professor Joseph Olson of Hamline University School of Law in St. Paul, Minnesota, points out some interesting facts concerning the last Presidential election:
Number of States won by: Obama: 19 McCain: 29 Square miles of land won by: Obama: 580,000 McCain: 2,427,000 Population of counties won by: Obama: 127 million McCain: 143 million Murder rate per 100,000 residents in counties won by: Obama: 13.2 McCain: 2.1
Professor Olson adds: "In aggregate, the map of the territory McCain won was mostly the land owned by the taxpaying citizens of the country.
Obama territory mostly encompassed those citizens living in low income tenements and living off various forms of government welfare..."
Olson believes the United States is now somewhere between the "complacency and apathy" phase of Professor Tyler's definition of democracy, with some forty percent of the nation's population already having reached the "governmental dependency" phase.
To relate this to PM's, if we are at the dependency phase where does it leave the PM markets.
If the Dems want to win, they need to go on the attack like Romney did. They need to come out with "that hurts ____ here is our plan _____" or they will just get continued to get buried in the debate debacle that is their own making.
The Reps just need to keep offering what is wrong and how they will fix it with some why the Dems are wrong as lead off for everything.
Comments
<< <i>I live in Minot, ND which is 2 hours away from the Bakken area where the boom is taking place. We have always been in a bubble when it came to the economy. ND is readying for a 2 billion dollar surplus. I work in the gas and oil business and I have talked to quite a few people from EVERYWHERE. I just cannot fathom having to leave my family for months at a time just to support them. I applaud them and feel for them at the same time. I only wish everyone could take advantage of our situation up here. >>
A vote for the "energy" candidate sounds like boomlets will occur throughout the country.
<< <i>A quote worth passing along (author unknown):
"The danger to America is not Barack Obama but a citizenry capable
of entrusting an inexperienced man like him with the Presidency. It will be far
easier to limit and undo the follies of an Obama presidency than to restore the
necessary common sense and good judgment to a depraved electorate willing to
have such a man for their president. The problem is much deeper and far more
serious than Mr. Obama, who is a mere symptom of what ails America . Blaming the
prince of the fools should not blind anyone to the vast confederacy of fools
that made him their prince. The Republic can survive a Barack Obama. It is less
likely to survive a multitude of Idiots such as those who made him their
president." >>
We have a failed educational system founded on a total lack of responsibility and the unwillingness
to hurt anyone's feelings. The citizenry voting for Obama is a product of this educational system. The
citizenry voted for those who caused this to happen and the only competition to Obama is and has
been the same.
The republic once flew on two wings but both wings were broken long ago. People must wake up and
hold everyone responsibnle for actions and outcomes. Currently no one is responsible except for pro-
fessed beliefs which must be politically correct. Beliefs are irrelevant. Outcomes are what matter. If
a politician can't do a simple thing like seeing that billions of dollars actually results in kids learning to
read and write then he must be booted.
RIP Mom- 1932-2012
Both of them will keep digging the hole deeper. Neither will do anything to fix the economy if it would hurt their masters.
I think whichever sockpuppet wins PM's continue up.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
to hurt anyone's feelings. The citizenry voting for Obama is a product of this educational system. The
citizenry voted for those who caused this to happen and the only competition to Obama is and has
been the same.>>>
Harsh, but true. As a Nation, we've allowed ourselves to be dumbed-down. Part of the result of that is 35 year olds still living at home, I'm talking about the ones who've never left home.
Ryan said that he expects Biden to come after him like a cannonball.
Bidens excited response to that was, there's going to be a pool there?
I would hope that debt/def is addressed more, instead of more printing.
And hopeully, the things that replace the parts we have now, don't make it worst. What are the odds?
As far as the "thriller in Mynilla" tonight don't over anticipate.
If it gets boring, switch to Dexter. There's more blood.
Its lunch time, go buy some PMs... Theres a slight dip.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
"The price of Apathy towards public affairs is to be ruled by evil men". Plato
<< <i>"The price of Apathy towards public affairs is to be ruled by evil men". Plato >>
"Choosing the lesser of two evils still gives you evil" - Derry.
There are other choices.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
In 1887 Alexander Tyler, a Scottish history professor at the
University of Edinburgh, had this to say about the fall of the
Athenian Republic some 2,000 years prior: "A democracy is always
temporary in nature; it simply cannot exist as a permanent
form of government. A democracy will continue to exist up until
the time that voters discover that they can vote themselves generous
gifts from the public treasury. >From that moment on, the majority
always votes for the candidates who promise the most benefits from
the public treasury, with the result that every democracy will finally
collapse over loose fiscal policy, (which is) always followed by a
dictatorship."
"The average age of the world's greatest civilizations from the
beginning of history, has been about 200 years. During those 200
years, these nations always progressed through the following sequence:
From bondage to spiritual faith;
From spiritual faith to great courage;
From courage to liberty;
From liberty to abundance;
From abundance to complacency;
From complacency to apathy;
From apathy to dependence;
From dependence back into bondage."
The Obituary follows:
Born 1776, Died 2012
It doesn't hurt to read this several times.
Professor Joseph Olson of Hamline University School of Law in
St. Paul, Minnesota, points out some interesting facts concerning
the last Presidential election:
Number of States won by: Obama: 19 McCain: 29
Square miles of land won by: Obama: 580,000 McCain: 2,427,000
Population of counties won by: Obama: 127 million McCain: 143 million
Murder rate per 100,000 residents in counties won by: Obama: 13.2 McCain: 2.1
Professor Olson adds: "In aggregate, the map of the territory
McCain won was mostly the land owned by the taxpaying citizens
of the country.
Obama territory mostly encompassed those citizens living in low
income tenements and living off various forms of government
welfare..."
Olson believes the United States is now somewhere between the
"complacency and apathy" phase of Professor Tyler's definition of
democracy, with some forty percent of the nation's population
already having reached the "governmental dependency" phase.
To relate this to PM's, if we are at the dependency phase where does it leave the PM markets.
BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
The Reps just need to keep offering what is wrong and how they will fix it with some why the Dems are wrong as lead off for everything.