Some Observations

What Liberals Believe

Liberals think… That embracing a religious cult invented by a drunken science fiction writer that nevertheless supports shallow hedonism is okay

But….Embracing a religion that was created from a Christian base but whose adherents shun caffeine, immodesty and other worldly occupations as sinful is weird.

Liberals think…that guns should be banned everywhere

But….want their own kids and offices protected by armed security guards

Liberals think…all war is wrong

But….continue to support war waged with unmanned drones that cause far more collateral damage simply because Obama says it’s okay.

Liberals think…America is waging a “war on women” that can only be won by offering free birth control

But….ignore that many cultures support sex selection and that far more female children are aborted than male children by these cultures

Liberals think…global warming is real

But….ignore the increasing number of well known scientists that are refuting these claims with scientific fact.

Liberals think…the federal deficit doesn’t matter

But….they are the first to complain about not wanting their subsidies cut when the money for special programs runs out.

Liberals think…that people with disabilities should have no stone unturned in making every school, office, and facility accessible

But…. Ignore the increasing cost of such programs on school districts and businesses and the increasing danger of exposure to seriously mentally ill children and adults who act on their delusions in violent ways.

Liberals think… more taxes is the answer

But…. They try to find every way possible to avoid paying them themselves.

Liberals think…all “big box” stores are evil because they earn profits

But…the love IKEA, which pays their employees less than Walmart because it’s Scandinavian.

Who or What Caused the Recession?

It's an interesting question because our president is APOLOGIZING to the rest of the world, virtually claiming it was all our fault. But wait a minute, we weren't in recession until the last quarter of 2008, while the countries that were in deepest recession had been seeing the signs since late in 2007. So what gives? Furthermore, the nations in deep recession get relatively little in trade from the United States and hold very few securities that are nationally based. While Washington is donning sackcloth and ashes, bowing to heads of twelfth century nations for appeasement, it might be a little more prudent to consider this following factoid:

"...In 1983, economist James Hamilton of the University of California at San Diego showed that "all but one of the US recessions since World War Two have been preceded, typically with a lag of around three-fourths of a year, by a dramatic increase in the price of crude petroleum." The years 1946 to 2007 saw 10 dramatic spikes in the price of oil -- each of which was soon followed by recession..."

So by that reasoning, it's not the corporations that caused the economy to fail, it was the high price of crude oil. We can't drill much domestically, thanks to the green idiots who don't know a damned thing about modern drilling technology. So it has to be the brunt of the failure should be placed at the doors of those who drilled for and leveraged up the price per barrel on crude oil That, incidentally would include the Saudi Royal Family, the same ones that President Obama bowed in deference to despite over 200 years of protocol that says WE DON'T BOW TO KINGS. I have to wonder if there are wheels within wheels here. I have long suspected that the market's failure was a manipulation. I also know that one of the world's leading market manipulators is George Soros, a man who wants America to be Socialist and who funded Moveon.org. You just have to wonder who knew what when. And if they did this deliberately to destroy America and tranform it into some utopian ideal on our dime.

As Ye Sow, So Shall Ye Reap???

Here's just a smattering of today's dismal financial news. It sent the stock market plummeting. But what caused these shortfalls? In most cases it was a situation in which banks, trying to outdo their competitors for future profit on balloon mortgages, qualified people for huge amounts of money. In many cases, these were people that really should not have been lent money due to poor credit history, unstable income and other factors. But banks are notoriously blind when it comes to seeing huge profits down the road. They speculated that the realty market would continue it's ridiculous upward spiral, without thinking about the tenuous financial bridges they were building. While you are pondering this situation, take a look HERE. This is a link for banks that accept matricula consulare for issuing accounts and loans. While such things as domestic drivers' licenses and social security numbers are verifiable, matricula consulare is issued to those who do not have "green cards" and the conventional documentation that would permit such banking transactions. Now, I am not saying this is the only problem with our banking system, but playing fast and loose with money is what caused a little problem locally known in Dallas as the Savings And Loan Fiasco. Read and consider that many of the proponents of less restrictions on illegal immigrants have come largely from the construction industry and their kissing cousins in real estate and banking. And then, ask yourself if this is a "real" drop, or one that was largely caused by a singular lack of clarity and legality on the part of certain greedy bank groups. Do you like having to pay higher interest to fund loans that are given out like cheap candy on Halloween? Speak up-the banks can't hear you.....

• Citigroup, the biggest bank in the US, reported a 57% drop in third-quarter earnings from a year earlier, due in no small part to bad mortgages;
  
• Bank of America, the second-largest US bank, just reported a 32% drop in earnings, led by a loss of $527 million in revenues at its structured products division;
  
• J.P.Morgan, the third biggest bank in the US, has marked down $186 million in bad mortgages plus $339 million in debt-derivatives for June-Sept.;
  
• National City Corp. of Cleveland – the ninth-largest bank in the US according to Reuters – now projects mortgage-book losses of $160 million for Q3, "the high end of its previous forecast";
  
• The leading US savings and loan, Wamu, says it expects a 75% drop in profits, with a new set-aside of almost $1 billion to cover bad debts and a hit of $410 million to its current lending portfolio;