President Obama inflames illegals by holding off immigration reform until after elections

7:44 AM barack Obama, democrats, elections, immigration, immigration reform, politics 2 Comments

On Sept. 7, President Barack Obama proved that immigration reform for millions or 10′s of millions of illegal aliens living inside the continental United States is a political maneuver rather than a problem that needs to be solved as he backtracked on his promise to systematically impose his own form of amnesty and will now wait until after the 2014 elections in an effort to save the jobs of his fellow Democrats.

And of course, his excuse for the delay was to blame the Republicans.  (President Bush for some reason was unavailable for Obama to blame)

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Growing shocker: Vote for Scottish independence now just a coin flip

7:39 AM England, independence, Scotland, world war No Comments

A hundred years ago, the geography of the world changed as former colonial nations sought their independence from empires and emperors after the World War that started in 1914.  And now in 2014, these same internal calls are being heard all over the globe with a long-standing member of Great Britain suddenly leaning towards a vote for independence just days after polls showed a 22 point lead in the favor of her remaining a British protectorate.

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It’s a temp job world, and you’re living in it

7:36 AM bls, jobs, jobs report, temp, unemployment 1 Comment

On Sept. 5 the Bureau of Labor Statistics, or known in the alternative economy as the Bureau of Lies and Slight of Hand, issued its August jobs report for the country.  But unlike the month of July which summarily blew away all forecasted predictions, the August numbers were ‘just a bit outside’ as the economy only created 142000 when mainstream analysts were predicting no less than 200000.

But the real crux of the report was just how many of these new jobs were part time, and relegated to low wage employment.  And to understand just how skewed the jobs paradigm is for the American people since the Credit Crisis of 2008, over 53 million workers are now considered temporary workers, or in 21st century vernacular, Freelancers.

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There is only one loser in the proxy war between U.S. and Russia and it is Europe

3:22 PM economic sanctions, economy, europe, pmi, russia, u.s., Ukraine No Comments

Like most government reports, many important indicators are paired down to three letter acronyms that tend to diminish their value, and become easily glossed over by those who either invest from that data, or simply ignore it like the general public.  But for very important economic indicators such as the Purchasing Managers Index (PMI), the data can be not only vital to an individual nation’s economy, but in the case of Europe who is caught in the middle of the ongoing proxy war between the U.S. and Russia, it can validate the one thing that has been overlooked since the implementation of economic sanctions…

And that is, Europe is the only loser.

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Government so afraid of Americans leaving they jacked up price to emmigrate

3:20 PM capital controls, emigrate, irs, taxes No Comments

While not on the scale of Mexicans and other Central American aliens flocking to to the U.S. for the opportunity for jobs and free benefits, the first six months of 2014 has seen more Americans give up their citizenship to emmigrate elsewhere than all of 2013 combined.  And with more and more people thoroughly disgusted with the direction for both the political and economic futures in the land of the free, the government has apparently recognized this as a growing threat to their power and control, and is making it much harder to leave by jacking up the price to emmigrate over five times its normal fee.

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What is inversion, and why are U.S. companies using it to move offshore?

3:18 PM burger king, corporations, inversion, taxes, warren buffett No Comments

In last weeks business news we saw the major story of U.S. fast food company Burger King finalizing a merger with Canadian powerhouse Tim Hortons in which Burger King will use this deal to shuttle its company headquarters out of the U.S., and into Canada for all intents and purposes.  The objective here of course is to get out from under the draconian corporate tax structure the U.S. currently operates, with the name for this type of merger being called an inversion.

An inversion is where a company in one country merges with a company in another, and the primary company then transfers its corporate offices and address to the new country.  It is primarily used for tax purposes and has been the catalyst for dozens of former American corporations moving their HQ’s out of the U.S. over the past twenty years.

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U.S. power waning as it seeks Europe’s agreement to sanction Russia more

3:16 PM muslims, obama, russia, terrorists, u.s., Ukraine, war No Comments

While the U.S. reels from the triple bombshells of this week that have left the Superpower nearly impotent to act, an astonishing occurrence is taking place in diplomatic circles as Washington no longer feels it has the authority to simply impose economic sanction on Russia, but must beg to Europe to stand with them in a move where they hope will allow them to restrict the use of the SWIFT system by Russia.

Earlier this week, the U.S. faced three critical events in which President Obama appeared stunned and without the fortitude to act against.  First, Russia placed several more chips on the table by cracking the decades long petro-dollar system, and will now allow for oil to be purchased directly in the markets with either Roubles or Yuan.  Secondly, the President was cornered by the media on what the U.S. intends to do regarding ISIS, and what plans Obama is ready to implement to contain or destroy the Muslim Caliphate.  In a press conference where Obama wore a taupe suit and grey tie instead of his normal blue power suit and red ensemble, the leader of the free world acknowledged that they had no plan ready to go, and as yet have no idea on how to confront the Muslim terrorists.

 

Finally, the worst fears for NATO and the U.S. appear to have happened as Ukrainian soldiers failed in their attempts to crush the Eastern rebels, and signs indicate that Russia is now going on the offensive to shut off Kiev from their vital energy links and ports by seeking control over Mariupol.

 

 

 

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Like mother like daughter: Chelsea Clinton quits her part time job

3:14 PM bill Clinton, Chelsea Clinton, gecko, geico, Hillary, nbc, reporter No Comments

For Hillary Clinton as President Obama’s Secretary of State, when the going got tough, the tough quit.  And now on Aug. 29, the younger version of the Clinton matriarchy is following in her mothers footsteps by quitting a lucrative job in which she was paid handsomely, and only had to work sporadically.

The only child of former President Bill Clinton and political maven Hillary Clinton resigned today from her part time position at NBC where she was paid a whopping $600000 per year to do spots and interviews involving niche high profile characters such as…

The Geico Gekko.

 

 

 

 

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Congressional Budget Office drops 2014 GDP estimates

2:48 PM cbo, gdp, obama administration No Comments

The Congressional Budget Office (CBO) is fairly well known as being a completely neutral arbiter of monetary research for the government and overall economy.  Yet when the CBO came out in January to announce that the 2014 GDP would be as high as 3.1%, that neutrality was quickly brought into question and many began to wonder if they were becoming a new office of propaganda for the Obama administration.

Well, it only took about six months before reality showed up and on Aug. 27, the CBO changed course and published a new GDP estimate that is just a little different than what they projected back in January.  In fact, the new projection is more than 50% lower than previously estimated.

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Ammunition now plentiful one year after mass shortages

8:42 AM ammunition, bloomberg, dhs, gun show, obama, reno, shortage No Comments

About a year ago, ammunition shortages were causing fear and panic in the gun community, especially after news came out of the Department of Homeland Security’s purchase of over one billion rounds for government use.  Additionally, the continuous message being made to honest Americans by politicians like President Obama, former NYC Governor Michael Bloomberg, and a host of others that new gun laws and restrictions were headed down the pike, caused many of the 90 million strong gun owners to hoard ammunition for fear it would no longer be plentiful.

But as with all crisis, fear and panic normally dies down once the media stops reporting on a topic, and the politicians move onto other agendas.  And as we can see from the most recent gun show held in Reno, NV on Aug. 17, ammunition was not only widely available, but prices had fallen more than 50% from their highs just 12 months ago.

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