Archive for November, 2012

America’s Financial Armageddon Re-visited

November 21, 2012

After about seven months, it is time to re-visit the nation’s financial condition.  For comparison you can visit my post of April 19, 2012 here.

According to www.usdebtclock.org, as of today the U.S. national debt has risen 3.86% since April 19 to $16.278 trillion or 105.18% of GDP (Gross Domestic Product) of $15.476 trillion. To look at it more personally, you as a U.S. citizen now “own” $51,707 of that debt or if you are a dutiful taxpayer, your share is $141,859.  Let’s hope Uncle Sam does not decide to call in his “chips” to settle his accounts.  With the fiscally irresponsible (no budget in the previous four years in office) Obama re-elected we can expect yearly trillion-dollar budget deficits as federal spending skyrockets out of control, which will greatly exacerbate the national debt problem.

How does the United States debt to GDP ratio compare with other countries?  Let’s take a look.

  • China = 11.13%
  • Brazil = 21.17%
  • Russia = 58.53%
  • Canada = 93.99%
  • U.S. = 105.18%
  • Greece = 235.15%
  • Spain = 246.93%
  • France = 292.58%
  • Britain = 504.72%
  • Ireland = 1278.8%

While the U.S. is indeed in big financial trouble, I suppose one could console oneself that we have a long way to go before becoming a Greece or (yikes!) Ireland.  But with the U.S. debt at only 105% of GDP that would be like you spending/borrowing $105 for every $100 you earned.  That does not sound like much, but if uncontrolled and not reversed it eventually adds up to bankruptcy.  Since Obama’s first inauguration, the national debt has soared 54%.  The interest alone on the national debt is currently $270 billion and if nothing significantly changes to stop this rising mushroom, the annual interest will top one trillion dollars by 2020 (just 8 years away).

In addition to the debt increase at all levels since April 19, the food stamp rolls have increased by 1.8% or by an estimated 848,845 participants to 47.7 million or 15.1% or the total U.S. population.  This is a further indication that the U.S. economy is still in deep trouble.  Interestingly, when you divide the government reported “official” unemployed of 12,169,641 + or – by the number of people in the U.S. workforce (143,565,709), you get an unemployment rate of 8.5%; not the reported 8.1% of October.  “Actual unemployment” (not reported by the government) is 15.75%.  If you take the “official” and “actual” numbers of unemployed and divide them by the number of U.S. taxpayers, the number of unemployed rises to 10.6% and 19.7%, respectively.

Another interesting observation is that the amount of savings per U.S. family dropped a dramatic 23.5% in these seven months, from $6056 to $4626.  However, this reduction in savings apparently was not used to substantially pay off personal debt, since personal debt only declined by 0.07%.  U.S. families were likely using their meager savings to help stay afloat.

Obama’s proposed tax increases on the wealthiest 1-2% is a pure smoke-screen to pacify his mindless minions who do not have a clue on how economics or the economy works.  It has been said that if Obama were to confiscate ALL of the wealth of the top 1-2% it would only keep the government solvent for 6 days.  Keep in mind that all the discussion here and elsewhere usually does not factor in the estimated trillions of unfunded dollars that Obamacare will add to government spending; the annual deficit and the national debt.

Presidential Impeachment

November 21, 2012

Has the time come?  Is it now time for the statesmen and stateswomen of the U.S. House and U.S. Senate to call for the impeachment of President Barack Hussein Obama, Secretary of State Hilary Clinton and others who have not only proved over and over again their incompetence, but their betrayal of the safety and security of America and its citizens?  It is now time, before more Americans are needlessly killed or our national security is irreparably compromised or destroyed.

The Constitution, Article II, Section 4:
The President, Vice President and all civil Officers of the United States, shall be removed from Office on Impeachment for, and Conviction of, Treason, Bribery, or other high Crimes and Misdemeanors.

In the impeachment proceedings of former President William Clinton, much of the focus was on what constituted “high crimes and misdemeanors.”  Unlike what one might be led to believe, when the Framers of the U.S. Constitution decided upon the phrase “high crimes and misdemeanors” they were not referring to crimes of a severe or “high” nature; that is crimes that were extraordinarily damaging to the country or society.  For this phrase they were drawing upon established British law of the time in which “high crimes” meant  crimes that were committed by people in high authority over others; typically elected officials and magistrates.  The phrase, “high crimes and misdemeanors”, was meant to be a catch-all phrase applicable to those who abused their power of office and was interpreted as for whatever reason whatsoever.  It was meant to include any offense, even if not a criminal offense for the ordinary person or in a civil or criminal court.  In other words, the Framers wanted public officials, those in charge of the public trust, to be held to a much higher standard of conduct than the common person.

Cotesworth Pinckney, who represented South Carolina at the constitutional convention of 1787, referred to “high crimes and misdemeanors” as a betrayal of the public trust.

Alexander Hamilton, a Founding Father, referred to “high crimes and misdemeanors” as . . .those offenses which proceed from the misconduct of public men, or, in other words, from the abuse or violation of some public trust.  They are of a nature which may with peculiar propriety be denominated POLITICAL as they relate chiefly to injuries done immediately to the society itself. 

The Constitution, Article I, Section 3: The Senate shall have the sole Power to try all Impeachments.  When sitting for that Purpose, they shall be on Oath or Affirmation.  When the President of the United States is tried, the Chief Justice shall preside:  And no Person shall be convicted without the Concurrence of two-thirds of the Members present.

Judgment in Cases of Impeachments shall not extend further than to removal from Office, and disqualification to hold and enjoy any Office of honor, Trust, or Profit under the United States, but the Party convicted shall nevertheless be liable and subject to Indictment, Trial, Judgment, and Punishment, according to Law.

Jon Roland, of the Constitution Society, in writing about the impeachment of President Clinton, wrote:  An executive official is ultimately responsible for any failures of his subordinates and for their violations of the oath he and they took, which means violations of the Constitution and the rights of persons. It is not necessary to be able to prove that such failures or violations occurred at his instigation or with his knowledge, to be able, in [Independent Counsel Kenneth] Starr’s words, to “lay them at the feet” of the president [Clinton]. It is sufficient to show, on the preponderance of evidence, that the president was aware of misconduct on the part of his subordinates, or should have been, and failed to do all he could to remedy the misconduct, including termination and prosecution of the subordinates and compensation for the victims or their heirs. The president’s subordinates include everyone in the executive branch, and their agents and contractors. It is not limited to those over whom he has direct supervision. He is not protected by “plausible deniability”. He is legally responsible for everything that everyone in the executive branch is doing[From: Meaning of “High Crimes and Misdemeanorsby Jon Roland, Constitution Society].

Although President Obama has committed numerous impeachable and treasonous offenses (see Why Obama is dangerous), the Benghazi embassy attack and murders should be the absolute last straw.  It is now abundantly clear that the attack was pre-planned and carried out by a group of Islamic terrorists and the CIA staff on the ground in Benghazi knew it and communicated so to the Secretary of State.  The Defense Department and the Whitehouse (aka the President) knew almost immediately that it was a terrorist attack but denied the embassy any form of assistance.  They then, in despicable political coordination lied to the American people for (it now appears) the sole political purpose of preserving Obama’s re-election.  Four Americans savagely murdered; still no one brought to justice or even an adequate investigation; no explanation or truth-telling to the American people over two months after the attack.  This is not only an impeachable offense of the highest order, but it is treasonous and those responsible should be tried in a criminal court as well.

It is about time that our elected officials in the House and Senate disregard their party affiliations and allegiances and get some patriotic backbone and do what is right for the country and its citizens before it is too late.

The Real Question

November 17, 2012

The real question is not, “Did President Obama, Secretary of Defense, Leon Panetta and Secretary of State, Hilary Clinton, lie about the Benghazi Islamic terrorist attack?”  By now, unless you have been living in a cave in outer Mongolia or are a blind, rabid Obama supporter who would not know the truth if it bit you in the behind (several times), the answer has to be an unequivacable and resounding, YES!

The real question is not, “Is President Obama the most corrupt, deceitful and dangerous president in modern times?”  The evidence has been mounting for the past four years and has been hidden from the American people by the mainstream media about his radical, anti-American past and present.

The real question is not, “Is Obama one of the most inept leaders on the planet and one of the most inept in American history?”  His clueless policies; inability to form or pass a budget in the four years he has been in office; his dangerous foreign policies that have put Americans at higher risk at home and abroad; his total lack of understanding of business and economics that are destroying jobs and the American workforce; his reckless and wanton spending beyond the county’s means and ability to avoid insolvency.

The REAL QUESTION IS: Will the members of the House of Representatives and the Senate have the unmitigated gall; the courage; the commitment to the American people; the undeniable patriotism and welfare of the country and its future in mind and bring Obama and his cohorts to justice through impeachment; criminal charges and treason?

THAT IS THE REAL QUESTION.

The Other Election Results Are In: Layoffs

November 10, 2012

The presidential election results are not even a week old and already the impact of the results are sending tremors across the field of business.  In the last four days at least 28 companies in the country have notified over 13,000 employees that their jobs will be terminated for various reasons, but all associated with President Obama’s incredibly poor economic policies or lack of policy.  Thousands of more layoffs are anticipated, particularly after January 1 when more Obamacare regulations take effect, taxes rise, energy prices rise and federal contractors face the impact of “sequestration” (mandatory federal program cuts).

As another election ploy and fraudulent move the Obama Whitehouse sent a memorandum on September 28 to federal contractors facing sequestration to ignore and not comply with the WARN Act (The Worker Adjustment and Retraining Notification) Act.  This Act requires that all employers with 100 employees or more that anticipate layoffs of their workforce MUST give those to be laid off a 60 calendar day notice in advance of their layoff.  Federal, state and local government entities that provide a public service are exempt from such a notice.  Obama’s Department of Labor administers the WARN Act (but apparently not lawfully).

Not surprisingly, Obama did not want thousands of layoff notices going out just before the election.  Yet another abuse of power and the exercise of the dictator to come.

For those of you who get laid off and voted for Obama, who ya gonna call?  Bush?  This downturn will be completely President Obama’s.  No more Bush excuses.  Get used to it.  It’s the new economy under Obamanomics.

Lay-off Update.  Since the posting of this column just 24 hours ago, I have discovered that I was too modest in my assessment of post-election lay-offs.  More lay-offs are coming in at breakneck speed with thousands more losing their jobs with household name companies such as: Abbott Labs, St. Jude Medical, Medtronic, Boston Scientific, Energizer, Westinghouse, Boeing, U.S. Cellular, Bristol-Myers, Darden Restaurants (owners of Olive Garden, Red Lobster and LongHorn Steakhouse restaurants) and many more.

Four main reasons are being cited for the lay-offs: Obamacare expenses, oppressive government regulations, increased taxes and a slowing economy, all of which make it harder for companies to compete and make a profit.  Many companies, like Darden Restaurants, are looking at cutting employees back to part-time hours (28 hours/week in Darden’s case) to avoid having to pay for Obamacare or the hefty $3,000/employee fine for non-compliance.

Too bad there cannot be a re-call vote on a presidential election.  This is only 5 days after the election.  Can you imagine what it will be like a month from now?  Six months?  A year?  Four years from now?  God help us!

Lay-off Update 2.0.  Are we headed to 10+% unemployment?  The list keeps getting longer of companies laying off or firing workers or cutting full-time employees back to less than 30 hours/week.  Keep in mind, this does not include the hundreds (perhaps thousands) of small businesses that are cutting back or not hiring in 2013.

List update as of November 23:

  • Abbott Labs – 700 employees
  • AMD – 400
  • Ameridose – undisclosed hundreds
  • ATI – 172
  • Boeing – undisclosed
  • Boston Scientific – 1200-1400
  • Britol-Myers – 480
  • Career Education – 900; closing 23 campuses
  • Caterpillar (Owatonna, MN) – 100
  • Center for Hospice and Palliative Care (NY) – 40
  • Cigna (insurance) – 1300
  • Covidien – 595PH Medical Center – unknown
  • Darden Restaurants (Longhorn Steakhouse, Red Lobster & Olive Garden) – cutting staff to part-time of 28 hours.
  • 40 Denny’s Restaurants in Florida, Georgia and Virginia reducing staff and cutting many full-time employes to less than 30 hours due to Obamacare.
  • Energizer – 1500
  • Exide Technologies – 150
  • First Energy – 400
  • Groupon – 600
  • Hawker Beechcraft – 410
  • Hil Rom – 200
  • Hostess Bakery, firing 18,500 workers and going out-of-business due to a prolonged union fight.
  • Husqvarna – 600
  • JANCOA Janitorial Services, cutting back many full-time employees to part-time.
  • Kinetic Concepts – 427
  • Kroger, cutting back FT employees to PT.
  • Las Vegas business (undisclosed) with 114 employees – 22
  • Lightyear Network Solutions – 17
  • Major Wind Co. – 3000
  • Medtronic – 500
  • Minnesota dairy plant – 130
  • Momentive, Inc. – 150
  • Murray Energy – 150
  • New Energy – 40
  • OCE North America – 135
  • Ohio air base – 115
  • Ohio’s largest insurance company – 50 underwriters
  • Pepsi – 4000
  • Providence Journal – 23
  • Research in Motion – 200
  • Rocketdyne – 100
  • Smith & Nephew – 770
  • St. Jude Medical – 300
  • Stanford (brake plant) – 75
  • Stryker (medical supply) cutting 1170 jobs due to Obamacare.
  • TE Connectivity – 620
  • Teco Coal – 90
  • Turbocare – 220
  • United Blood Services Gulf South – 10% of staff
  • Vestas Wind Systems – 3000
  • Welch Allyn (medical equipment mfger.) – 275
  • West Ridge Mine – 102
  • Westinghouse Aniston Weapons Incinerator – 50
  • Wilkes-Barre (PA government) – undisclosed

Please Note:  The lay-offs/firings above represent over 47,000 jobs lost.  This list does not include the thousands of workers that lost their jobs from Obama’s failed “green energy” start-ups that squandered billions of taxpayer dollars before going broke; nor does it include the thousands of full-time positions that will be cut back to under 30 hours/week.

 

Evil is Good

November 8, 2012

It’s official: evil is now good and good, evil.  How else can one explain the election debacle of November 6 that posed such a stark contrast between two men?  No, this downward slide did not start with President Obama, but it appears it may accelerate and end with him.

The words of the prophet Isaiah to ancient Israel no longer ring hollow as they bear all too much truth for the present decline of America into a socialist dictatorship.

Woe to those who call evil good, and good evil; Who put darkness for light, and light for darkness; Who put bitter for sweet, and sweet for bitter!

 Woe to those who are wise in their own eyes, And prudent in their own sight!

 Woe to men mighty at drinking wine, Woe to men valiant for mixing intoxicating drink, who justify the wicked for a bribe, And take away justice from the righteous man!

Therefore, as the fire devours the stubble, And the flame consumes the chaff, So their root will be as rottenness, And their blossom will ascend like dust; Because they have rejected the law of the Lord of hosts, And despised the word of the Holy One of Israel.  (Isaiah 5:20-24)

Oh, I know the rabid Obama “give me more” supporters will hurl and cringe at any hint or suggestion that the “The One” has anything but societal benevolence in mind as they dutifully marched to the polls blinded by his charisma, deceit and habitual lies.  They would rather be dazzled by his brief photo-op among Sandy-stricken victims than his despicable treasonous behavior in the murder of four Americans in Benghazi.

There is, of course, historical and biblical precedent for what is now occurring in the United States.  Many centuries ago the Jews were not content with their God-chosen leadership and way of life and cried out for a king just like their heathen neighbors.  God allowed them to have what they desired and the people of Israel paid a dear price for their lack of wisdom and foresight.

Now America is about to experience the same.  Obama has made it abundantly clear since the first days of his first presidential campaign that he disdains America and wants to “fundamentally” change her into his own socialist/marxist image.

  • He rejects the fundamental laws and rights established by the greatest constitution in the history of the world that was inspired by God Himself.
  • He made it clear that he wants to redistribute wealth, not only within America but from America to others he deems worthy.
  • He wants to weaken America’s military so it is no longer a threat to anyone.
  • He wants to minimize America’s influence in the world.
  • He wants to cozy up to America’s enemies and become bosom buddies, trying to passify them with billions of taxpayer dollars.
  • He wants to subjugate America’s resources to others, further increasing America’s energy dependence, thus weakening its future, while subsidizing the energy production of other countries.
  • He rejects Israel, one of America’s most faithful allies, in favor of her enemies.
  • He wants to betray America by divulging our industrial and military secrets to the world.
  • He wants to further plunge America into depravity through homosexual rights and marriages, thus demeaning God’s intent for male and female relationships.
  • He wants to kill the unwanted unborn and newly born and encourage the aged to die prematurely.
  • He wants to divide America, the former melting pot of ethnicity for the world, into racial, economic and religious camps to be subjugated as he sees fit.
  • He wants to bankrupt America, to bring it to its knees, so he can re-shape it into his own vision of a new and better America under total control of a marxist regime.
  • He wants to destroy America’s business under mountains of federal regulations and oppressive tax code.  Remember?  You do remember when he said not long ago that the free enterprise system does not work, never has worked.  Really?
  • Under the guise of “affordable” health care for all he will succeed in destroying the most advanced health care system in the world, where even rulers of nations (friend and foe) come for their health care.  He wants to socialize it so it is more like the archaic European, Canadian and Third World countries poor health care systems.

We have been warned over and over again by Obama’s own words and actions.  If this is not evil personified, I do not know what is.  But this is what, supposedly, the majority of “new” Americans want.  However, they vote out of pure ignorance of history and reality; like sheep being led to the slaughter.  They can only think of themselves and what Obama and team can give them now and have no vision of the future impact on their family and country.  They are short-sighted, blinded to the truth by the glimmer of false promises which will ultimately bring about their demise.

For the wrath of God is revealed from heaven against all ungodliness and unrighteousness of men, who suppress the truth in unrighteousness,  because what may be known of God is manifest in them, for God has shown it to them. For since the creation of the world His invisible attributes are clearly seen, being understood by the things that are made, even His eternal power and Godhead, so that they are without excuse, because, although they knew God, they did not glorify Him as God, nor were thankful, but became futile in their thoughts, and their foolish hearts were darkened. Professing to be wise, they became fools, and changed the glory of the incorruptible God into an image made like corruptible man—and birds and four-footed animals and creeping things.

Therefore God also gave them up to uncleanness, in the lusts of their hearts, to dishonor their bodies among themselves, who exchanged the truth of God for the lie, and worshiped and served the creature rather than the Creator, who is blessed forever. Amen.

For this reason God gave them up to vile passions. For even their women exchanged the natural use for what is against nature. Likewise also the men, leaving the natural use of the woman, burned in their lust for one another, men with men committing what is shameful, and receiving in themselves the penalty of their error which was due.

And even as they did not like to retain God in their knowledge, God gave them over to a debased mind, to do those things which are not fitting; being filled with all unrighteousness, sexual immorality, wickedness, covetousness, maliciousness; full of envy, murder, strife, deceit, evil-mindedness; they are whisperers, backbiters, haters of God, violent, proud, boasters, inventors of evil things, disobedient to parents, undiscerning, untrustworthy, unloving, unforgiving, unmerciful; who, knowing the righteous judgment of God, that those who practice such things are deserving of death, not only do the same but also approve of those who practice them.  (Romans 1:18-32)

America has no excuse for its predicament and darkened future.  It was founded on biblical principles and godly vision.  Yes, it still gave way to many sins of oppression and other ungodly acts, but it still had the foundational beliefs to repent, led by a God-centered church.  However, today, even much of the church and its members have fallen into depravity and worldly ways so that it no longer stands out as a light in darkness; as a city of God on a mountain in the midst of heathenism.

There is no hope without repentance and returning to God and His sovereign principles for life and prosperity.