With recent gains in the U.S. Dollar index, one would believe that the U.S. Dollar is strong; however, one must consider the following…
1. The yen is the embodiment of financial kamikaze.
2. The pound is being struck down by a campaign to keep Scotland in the union which has backfired.
3. The euro sports negative deposit rates in the belief that will cure the Eurozone’s gathering slump.
So, the U.S. Dollar is rising because other currencies are falling.
Obama, in another moment of insanity, actually lied to the American people again, during a nationally televised speech, saying that the group, he deliberately misnames as ISIL, is not Islamic despite the group calling themselves “Islamic State of Iraq and Syria.” Is it any wonder that the rest of the world is laughing at us?
While Obama is not asking to send military troops into Syria and Iraq, he is asking to fund the so-called moderate terrorists err…. rebels with 500 million dollars. Unfortunately, Boehner is apparently willing to spend 500 million dollars to support terrorism. In addition, Obama’s war speech may have been less about terrorism and launching a new war than saving the SS Minnow err… Obama. The lasting image will be his yukking it up on the golf course minutes after giving a token speech on the beheading of James Foley. Or, was that a fake beheading?
It’s The Global Economy, Stupid!
The decline in the price of oil, in the face of surging geopolitical pandemonium,
can only be explained with only two reasons…
1. A huge new supply has been found.
2. Demand has gone down due to a global economic slowdown.`
Only Keynesian, and others with their head up their backside, would choose the first.
In the first 11 months of fiscal year 2014, federal government tax revenue hit a record of 2.66 trillion dollars; however, there was 589 billion dollar deficit spending during that same time. In short, the federal government spent 22% more than it brought in.
Some companies offer workers mid-day meals on the house. Now, Obama’s Internal Revenue Service is considering taxing the free lunch. Whew! For a second, I thought 0bama was taxing food stamp EBT cards. Anyway, will Obama’s Internal Revenue Service next tax Mess-Hall meals in the military?
Please watch this video to find out almost everything about 9/11 in under 5 minutes.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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