Category Archives: politics

Are Bailed Out Big Banks & the Feds Preparing to Raid Depositor Accounts for Bail-ins?

WASHINGTON – The questionable practice of “bail-ins” begun by Cyprus a year ago to keep banks solvent is beginning to spread to other nations, and holders of large deposits are starting to see their balances plunge literally overnight.

A “bail-in,” as opposed to a bailout that countries especially in Europe have been seeking from the International Monetary Fund and the European Union, is a recognition that such outside monetary injections won’t be forthcoming.

What’s a bail-in?

 

Essentially it is a grab of a percentage of a depositor’s account as a way to hold additional money in reserve to help banks balance sheets meet the government’s reserve demands. Put another way, this is a new method of taking private sector wealth as fashioned after the Cyrus fiasco this spring.

 

A recent article in American Banker spells it out saying the era of the bank bail-in is upon us. The Wall Street Journal reported that the banks most likely to give you and IOU in exchange for your hard earned cash are Wells Fargo, JP Morgan Chase and Citigroup. In reality any bank that received a government bailout is a candidate to look to YOU for THEIR bail-in!

 

BANKS ROBBING US3Have you heard of the FDIC-BOE plan that many banks are supporting?

 

Under the plan big banks would get our (your) money and we (you) would get bank shares. That is, you would get bank shares in an institution that is basically insolvent or it wouldn’t be raiding your account to begin with!  We wouldn’t be left empty handed. No, no…we’d get the bank’s IOUs otherwise known as converted bank equity shares.

 

Converted! Do you like that term? What it means is the FDIC under Obama has allowed your cash to be stolen (such an unpleasant term) or converted (see, isn’t that better!) for their use!

 

Remember that business Obama said that you didn’t build by yourself?

 

Well, those same fine people believe that whatever is theirs is theirs and whatever is yours is also theirs!  In all their wisdom, they believe because the taxpayer bailouts were so unpopular that stealing from small business owners and smaller bank “shareholders” with no voice in Washington, will be less egregious!

 

The acts that are already in motion now would deliver clear title to the banks of depositor funds. Buried within the Dodd-Frank bill is a provision that makes bail-ins legal!

 

Plans are under way for our global economy, plans that include global banking allowing access to your accounts. Was the so-called Cyprus Experiment a prelude to the launch of a global trend of bank deposit confiscation? Only the most naive could think otherwise.

 

Why is it so important to know what is happening in other countries, Canada for instance? Private pension funds were just raided by the government in Poland, and a bail-in is being organized for one of the largest banks in Italy.

 

As recently pointed out in Time to Run from the Banks, now that bail-ins are becoming globally acceptable, no bank account and no pension fund will ever be 100% safe again.

 

What is means for us is that the governments of the world are eying our money as part of the solution to any future failures of major banks outside the U.S.

 

There is one final consideration, the worst part, as it were. Your hard earned money may be used, or “bailed-in” in the future to help bailout the banks/countries whose practices have caused the upheavals in Spain, Greece, Ireland, Portugal.

 

Remember Lehman Brothers that was too big to fail? Nuff said…

 

One comment about this video.

This woman isn’t a financial expert, but she does possess more common sense than those (fill in your own adjective ending with er here) in Washington. Her voice helps get through to the important points about bail-ins.


Obama and Democrats completely responsible for impending government shutdown

Can you spell un-presidential, because that’s our dear leader. The House of Representatives works all weekend to try to avoid a government shutdown that supposedly no one wants while our prez golfs and putts (shoulda put putz) around!

 

Make no mistake, if a government shutdown does take place you can put it firmly in the lap of the Democratically controlled Senate and our poseur POTUS, Obama. He’s the guy who can negotiate with terrorists but not the GOP or the House of Representatives!

 

We knew that when the House sent over its bill funding the government with the exception of Obamacare that it was dead on arrival. But the House Republicans have sent over an imminently common sense revised bill.

 

Here’s the most important part of the revised House bill, not only does it fund the government AND Obamacare, the only critical piece tacked on is it DELAYS IMPLEMENTATION for the average citizen for one year. Essentially, this waiver is identical to the waiver Obama has already granted businesses across the country.

 

If the delay is good enough for business, why can’t the average Joe who has to shoulder this 2,000 page legislative monstrosity no one in Congress read before passing it?

 


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This Egyptian jr high student should be Egypt’s next president

His name is Ali Muhammad. In October of 2012 he was asked why he was part of the protests taking place in Egypt. He answered, “so that Egypt would not become anyone’s private property.”

 

Unfortunately, Morsi was elected president under their new constitution. Almost immediately Morsi began dismantling the new constitution, the constitutional court and flip-flopping on the many promises made during the election.

 

Twenty-two million Egyptians took to the streets in June, despite the Egyptian military admonishments that Morsi change the direction he was taking the country, he refused and he was overthrown!

 

All of which leads us back to Ali Muhammad.

 

Call it coming from the mouth of babes.  Let me opine, that this junior high school student has demonstrated more common sense and honesty than the myriad of politicians in Washington. Mr. Obama, Mr. Kerry, Mr. McCain. are you listening???

 

If it were up to me, I’d vote for Ali Muhammad for Egypt’s next democratically elected president!

http://youtu.be/XkTMWpXcsuY

Was Obama In a Drugged Out Stupor the Night of Benghazi Attacks?

According to Panetta, President Obama checked in with his military team early on during the attack, then checked out for the rest of the night. The next day, we already knew, he blamed the video maker and flew to Las Vegas for a campaign event. … from Nobody wake Barack  By MICHAEL GOODWIN, NY Post

BENGHAZI CLOUD OVER THE WHITE HOUSEYesterday, Dan Pfeiffer, Senior White House advisor was asked a simple question, “Where was President Barack Obama on the night of Benghazi?” Eight months after US Ambassador Chris Stevens and three other Americans were killed, on the 11th anniversary of 9/11, we still don’t know the answer.

 

Another critical question continues to haunt us, “Who gave the order to stand down?”  Whistle-blower Greg Hicks, Ambassador Chris Stevens number two man, testified that US special forces were in Tripoli but were prevented from coming to the aid of those under assault inside the consulate. Hicks testified that a specials ops team was ready to board a plane when they received a phone call from Special Operations Command Africa saying, “you can’t go now; you don’t have authority to go now.”

 

With all of this, Pfeiffer “doesn’t remember” which room Obama was in on that night and largely thinks it is irrelevant anyway! Well I guess that rules out Obama’s being in the Situation Room, Odd though, since we had PLENTY of pictures of Team Obama in the Situation Room the night Osama Bin Laden was killed.

 

If all of this weren’t enough, let us not forget that people within the Department of Defense along with others in Obama’s administration were watching the Benghazi events unfold IN REAL TIME with the assistance of Predator drones flying above.

 

A review of the Benghazi attack timeline put together by CBS News, highlights the question of Obama’s whereabouts that night, making it even more pertinent. No amount of White House spin changes the fact that Obama was MIA when it counted most.

 

Other than one phone call at around 5 PM, that Obama had with two officials after the attack had already begun, Obama seems to have vanished from the face of the earth.

 

Or did he? Maybe the White House staff were told not to disturb him, if the most recent posts from Lame Cherry are correct. This is a heads up for anyone who has never read the often in-your-face, esoteric, sometimes ranting and rambling LC; she is rarely wrong! Also be aware that there is a yuck factor associated with this story.

 

While reading it this morning it brought back the same feelings I had four years ago about Larry Sinclair’s stories of his cocaine/sex affairs with Obama in the 90’s (never denied by BHO). Whether Obama was in a drugged out stupor, having satisfied his other “needs” I do not know, but  undoubtedly there are others who do.

 

Here’s what we do know:

  • After Obama’s 5 PM phone call he disappeared. There is NO record that anyone talked to Obama until September 12, 2012. The list includes Secretary of State Hillary Clinton, Defense Secretary Leon Panetta, Africom Head General Carter Ham, CIA Chief David Petraeus, NSA, NO ONE in the midst of this tragedy! 

In theory, only Obama could have issued a stand down order of the type issued the night Chris Stevens and three others were killed.

If Obama did tell White House staffers he did not want to be disturbed (DNWD), was it “Obama’s brain”, Iranian born Valerie Jarrett who issued the stand down order for an incapacitated Obama? Put another way, if not Obama, who?

Finally, for those “youngins” out there (half of the White House press corps?), incredulous that Obama could be involved with the sexual escapades alleged by LC, or that they could take place in the White House, I have one presidential name for you, Jack Kennedy.

Jack was having a sexual affair with Judith Campbell Exner, a curious choice since she was the reported “friend” of Sam Giancana and Johnny Roselli, both notorious Mafia gangsters. Yes, he was still married to Jackie, and yes, many JFK aides in the White House knew and covered for him!

 

 

 

 

 

 

The Truth About the Boston Marathon Bombing in Pictures

It has been clear for years that the MSM cannot be depended on to tell the American people the truth. They ignore the truth (can you spell Kermit Gosnell?), they slant it, they twist it to fit whatever Obama/progressive narrative is needed at the moment.

The Boston Marathon bombing coverage has been like watching a train wreck in slow motion. Lots of dramatic pictures, “clever” headlines, gory details, and SPECULATION ad nauseam!

Yesterday was a particularly bad day for the clowns calling themselves journalists, particularly at CNN! We were subjected to news conferences and “arrests about to be made” being reported by multiple news outlets that never happened. Oops, is that egg on your collective faces?

All of this pales in comparison to the pictures below. The narrative many are so desperate for us to believe is that a “lone wolf” was responsible or a “right-winger” but they can’t find a credible way to make it stick.

Take a look at these pictures and ask yourself does anything we are being spoon fed by the MSM ring true? No? It looks to me like there are multiple persons who are involved in the bombing. There are over 50 pictures for you to examine, take your time and think about what you are seeing.

BTW, here’s another question to ask yourselves, why it that the Saudi ‘Person Of Interest’ allegedly cleared of charges he was involved with the bombing suddenly being deported?


The Fiscal Cliff for Dummies Explained

The truth is I am simply exhausted… exhausted from Team Obama’s governance style of going from crisis to crisis. It gets to a point where one simply does not care.

In fact, not only don’t I care, I can’t wait for the whole damn bunch of them to take a dive. It can’t happen fast enough.

Let’em all go over the friggin fiscal cliff…OK, Obama first…splat! Next in line Harry Reid and Nancy Pelosi (hand in hand please!) …splat!

Oh, we can’t forget the U.S. Navy for pulling one of its aircraft carriers from the Mideast as a way to protest the possible cutbacks brought about from the automatic sequestration cuts. It seems the Navy will lose $4 billion over the next six months, an amount not large enough to be considered spit in the ocean. So, Mr. Panetta hold hands with the Navy officials who put their interests above those of the country…splat!

By the way, did you know that sequestration doesn’t mean ACTUAL cuts, but a slow down in spending? According to the Coalition to Reduce Spending:

It’s important to note that the sequester isn’t cutting real spending. The automatic spending “cuts” are only from the bloated CBO baseline. In other words, the sequester will only slow down the rate of spending increases. That means Pentagon spending will still increase over the next  ten years even with the sequester.

Now, want to really get sick? According to writer Arnold Ahlert in FrontPageMag.Com latest post on all this sequester hysteria, the real number for our national debt is significantly higher than $16 trillion! When all the government’s “off the books” numbers are added in and counted America’s actual debt is $86.8 trillion, or 550% of GDP!!!

Remember when the MSM used to talk about all those “unfunded liabilities?” 

                                                                                                                                                                  Next in line for their trip over the cliff should be all those in the talking heads and icky economists in the MSM, Obama’s cheerleaders and fear-mongers for ginning up what the sequester really means…Mr. Cooper no pushing

Ms. Maddow, Mr. Matthews line up, right behind Paul (I love welfare states) Krugman… are you going to be pushed or do you want to jump (?)...splat, splat…splat!

The truth is, the $85 million that the sequestration “cuts” will impose when compared with our $16 trillion deficit are small indeed. When compared with our actual debt of $86 trillion, these cuts are the equivalent of a speck of sand on the Sahara desert. 

Hey, Mika and Joe Scarborough next in line. Ah, I love the smell of napalm sound of Progressives splattering in the morning! SPLAT! SPLAT!

 

 

 

 

Is Hillary’s Blood Clog the Result of Severe Injuries Suffered in a Plane Crash?

US Army C-12 Huron for FS9 | Microsimulation | Scoop.itWas Hillary injured while on a top-secret mission to Iran three weeks ago?

I, for one, have found the stories coming out about Hillary’s stomach flu, fall, concussion, and now the blood clot to be suspiciously odd and contrived. Now it seems there may be a good reason why.

The European Union Times, The Economic Policy Journal, and numerous sources outside the MSM (no shock here) are reporting that Secretary of State Hillary Clinton suffered severe injuries in a military plane that crash landed three weeks ago!

What is the truth? Without a group of genuine investigative journalists in the MSM, who knows. At this point all we can do is pose the question. The only thing we know for sure is that Hillary hasn’t been seen for three weeks. Somehow none of this feels right.

Clinton Injured, US Navy Seal Killed In Secret US Mission To Iran?

A new Foreign Military Intelligence (GRU) report circulating in the Kremlin today is saying that United States Secretary of State Hillary Clinton was injured, and a top US Navy Seal Commander killed when their C-12 Huron military passenger and transport aircraft crash landed nearly 3 weeks ago in the Iranian city of Ahvaz near the Iraqi border.

This GRU report, however, states that US military flight logs recorded by Russian air and space forces confirm that Commander Price, and other members of US Navy Seal Team 4, left their base in Urozgan Province, Afghanistan on a flight to US Naval Support Activity Bahrain where they met up with Secretary Clinton and all of them transferred to the C-12 Huron that began a flight path to Baghdad, Iraq.

Within minutes of leaving Bahrain airspace, this report says, the C-12 Huron carrying Secretary Clinton and her US Navy Seal protectors, “without notice,” deviated from their assigned flight path heading, instead, directly towards Iran’s Ahwaz International Airport where, coincidentally, Iranian President Mahmoud Ahmadinejad had previously landed on an “unscheduled” visit.

Important to note, GRU analysts say in this report, was that when the C-12 Huron entered into Iranian airspace neither American nor Iran air force units responded clearly indicating that this secret mission was sanctioned.
Upon the C-12 Huron landing at Ahwaz, however, this report says it encountered “extreme turbulence” causing it to leave the runway where its main landing gear then collapsed causing it to crash.

Within seconds of the C-12 Huron crashing, this report continues, Iranian emergency and security personal responded freeing the victims, including Secretary Clinton who was reportedly unconscious and “bleeding profusely.”
After emergency aid was given, GRU agents stationed in Iran state that another US military flight was dispatched from Bahrain to Ahwaz which evacuated all of those wounded and killed in the crash including Secretary Clinton.


Obama Wants Your 401k & IRA’s to Clean Up His $16 Trillion Dollar Deficit

You can classify this under Cha Ching!

That’s what immediately came to mind when Obama and his team of economic deconstructionists (the ones who believe YOU didn’t create that small business) learned how much retirement assets total in this country.

A 2012 study by the Investment Company Institute found that U.S. retirement assets total $18.5 trillion! The figure is comprised of $3.5 trillion in IRAs and $5.1 trillion in 401(k) plans). CHA CHING!

This target is too tempting for the administration to ignore faced with their spiraling budget deficit with talks it is approaching $20 trillion.

Ironically when these two programs were originally designed it was because it was felt that Americans did not save enough for their own retirement. These plans were put in place to supplement social security and to incentivize us to save. That was before!

Now with the big government socialists in power, current thinking is that responsible savers are denying the federal government the tax revenue it deserves! Insanity doth reigneth in Washington.

If this doesn’t scare the hell out of you, I don’t know what it will take.  According to  Townhall.com, 401k, and IRA owners are first on the Democrats’ radar and may see their plans taken away.

“House Democrats are planning on eliminating those tax breaks and converting the private plans to government-controlled retirement accounts, where they will be at risk for insolvency.”

After listening to the following video it will be clear why my advice is, you should start looking for ways to protect the saving in your IRA or 401k if you’re lucky enough to still have one.

Here’s just one opportunity.

 

http://www.youtube.com/watch?feature=player_embedded&v=VehHjmm1TRw#t=500s

Look for a Tsunami of Small Business Firings Because of Obamacare

Obamacare Update:

Obamacare debuted on October 1, 2013. It is an unmitigated disaster! Five million people have lost their health care policies, the policies Obama promised 30 times between 2010 and 2013 they would be able to keep. Small business owners are the next to begin shedding insurance policies and workers beginning in 2014.

 

If you think the country is angry with Obama now, just wait. You ain’t seen nothing yet!

 

This post was originally written just after Obama’s reelection in November 2012, accurately predicting the consequences of the Obamacare law on the country.

 

File this under elections have consequences. We already know how the market responded to Obama’s reelection, it tanked over 300 points

 

OBAMA LIED & GRANNY DIED

Or maybe this should be filed under Obama’s win is your job loss. Hope all the hope and change-y  stuff felt good. I just wonder if it will feel as good without a job.

It’s time for the workers of American to grow up and understand, not every CEO is a fat cat like Steve Wynn or Donald Trump.

Most small business owners pay their employees first, worry about how they will be able to make the next payroll and feed their families.

Now take a look at what happened in Las Vegas.

LAS VEGAS (CBS Las Vegas) — A Las Vegas business owner with 114 employees fired 22 workers today, apparently as a direct result of President Obama’s re-election.

“David” (he asked to remain anonymous for obvious reasons) told Host Kevin Wall on 100.5 KXNT that “elections have consequences” and that “at the end of the day, I need to survive.”

“I’ve done my share of educating my employees. I never tell them which way to vote. I believe in the free system we have, I believe in the right to choose who they want to be president, but I did explain as a business owner that I have always put my employees first. I always made sure that when I went without a paycheck that [I] made sure they were paid. And I explained that I always put them first and unfortunately I’m at a point where I’m being forced to have to worry about me and my family now and a business that I built from just me to 114 employees.

 

And here’s another story. Look for more coming in the next couple of months, because here’s the simple truth.

If you work for a small or medium size business and the business owner has to choose between keeping you employed or keeping bread on the table for his own family, there is no choice; you lose.

Threats to Assassinate Romney Explode on Twitter After 2nd Debate

This is staggering, completely unacceptable and to no one’s surprise COMPLETE SILENCE by the MSM.

If the situation were reversed and Romney supporters were threatening to assassinate Obama, does anyone believe for a nanosecond that these Twitter threats wouldn’t be spread all over the national news?

 

According to multiple sources including InfoWars:

As we reported yesterday, in addition to threats by Obama supporters to riot if Romney wins, innumerable Twitter users are also making direct death threats against Romney.

The primary reason given for Obama supporters wanting to see Romney dead is the fear that he will take away food stamps.

I have two questions. First, what’s Twitter’s policy on threats of assassination of political leaders? Secondly, think any of these Obama supporters/Twitter Assassination Thugs will get a visit from the Secret Service or other governmental agency? See below: