wilson96   Economy, Politics, and More…

Our top stories this week: we take a look at Eskom’s plans for ensuring a power-secure World Cup, which kicks off on June 11; South Africa commits to a green economy; and the world’s largest industrial group has won a contract to supply switchgear solutions into South Africa largest current infrastructure project: Eskom’s Medupi.

Adrian Salbuchi’s first follow-up report on how the 12 Transitional Triggers designed by the New World Order Power Elite to wrap-up Globalization and usher in a World Government, are being deployed. The original description can be found on the 14-December-2009 video “2010 Forecast: Transition from Globalization to World Government”.

RestoreTheRepublic.com | http | Gregory Polites joins Gary Franchi on the Reality Report to discuss the current economic situation in Greece. He also warns that the United States needs to learn from what is occurring overseas, as the Euro is losing its value.

Fed Chief, Ben Bernenke’s warning sounds eerily similar to that delivered by Nicholas Biddle in 1834 when President Jackson threatened to take back the power over the QUANTITY of the nation’s money. Also, top market watchers see patterns in the market that are similar to those that created the market crash in the early 1930s. A big thank you to all those who flooded Amazon.com with complaints. “The Secret of Oz” is selling there once again.

Emirates airline flight Hamburg Dubai..and if you liked the “Emirates Smiles” in this video, pls also have a look at this one:) www.youtube.com

U-1 to U-6 Data www.bls.gov Birth Death Model www.bls.gov Unemployment www.courant.com

Everyone deserves a chance to know their grades so here is President Obama’s chance to see how the Coltons Point Times grades his first 100 days as president.  There are two elements to the grade, the personal actions of the president and the policy actions of the president.  The true performance in both these areas is a reflection of just what type of leader he will become.

In terms of international relations the grade is quite good as most nations of the world are now more interested in photo ops with our president than trashing the USA.  Yet we have received nothing tangible from other nations in terms of the things he asked them to do.  Korea shot off the missile, Iran builds nuclear weapons, terrorists rule Afghanistan and Pakistan, drugs flow through Mexico, there is little coordination between nations in stimulating the economy and on and on but at least they are now smiling when they stick it to us.

Back here in the USA his grade is more mixed.  There is little doubt he controls Congress and in order to take advantage of this he is flooding Congress with requests for legislation, appropriations and new programs.  In fact the volume of requests from the Administration has clearly overwhelmed the ability of Congress to absorb them so we have the Pelosi & Reid Rubber Stamp which means if the president wants something and it is liberal enough, it gets rubber stamped.

The House and Senate Democratic leaders and even the president seem to think all those people who voted against Bush wanted immediate socialism when they wanted change but I don’t think so and when people realize how far left we have already drifted they are going to be shocked.  They also seem to forget that 47% of the people voted against Obama and another 45-50% of the people eligible to vote did not register or vote.  That means in truth Obama got about 25-27% of the eligible vote, hardly a mandate from the people.

Campaign Spending

After promising to limit the cost of the campaign by taking public funds, Obama changed his mind and proceeded to spend the largest amount in history, $775 million.  Add in another $160 million for his Inauguration and $18 million to be spent after the election and he is the first BILLION DOLLAR president in history.  So much for limiting campaign spending.  With tastes like that it is no wonder over $3 trillion has been allocated by the government for bailouts and bribes, payoffs and profits, all of which was approved by Obama.

It seems the same problem existed in his selection of talent when he promised all new people to replace the old gang of Washington insiders.  He is surrounded by Clinton and other Democratic hacks along with a legion of former Goldman Sachs and other lobbyists who have now turned their attention from wrecking Wall Street and the economy to sucking every last cent from the federal government and Federal Reserve.  In the process he also was the first president to nominate seven tax cheats to the highest offices in the nation.

Latin American Relations

Obama seems to have impressed the leaders of the Latin countries just as he did the Europeans and Asians and I don’t get too concerned about him getting cozy with Fidel’s brother in Cuba and Hugo Chavez in Venezuela even if they are playing him.  We need to do a lot of work with the Latin countries and Canada, like form some kind of American Union, so we can fix the mess we are in.  Maybe Obama can help?

Middle East Relations

In spite of our presence in Iraq and the Middle East, our troops stationed there, and our massive foreign aid expenditures to both sides of the Israel and Palestine groups, we have little impact on anything that happens there.  The Middle East is oil rich country, oil we could temporarily replace with drilling offshore and in Alaska and sharing the resources of Canada, Mexico and South America.  If we were moving in the direction of eliminating oil consumption over a period of decades we could supply our own oil and gas right from the Americas.

The Middle East problem cannot be solved at this time.  Hatred runs rampant between Moslem Shiites and Sunni, between Moslems and Israelis, between the Taliban and traditional Moslems, between the Christians and radical Moslems, between just about everyone.  There will be war in the Middle East because there is always war in the Middle East, for as far back as our history takes us.  Obama could be a Moslem, Jewish, Coptic Christian and it will not matter, there will be war.

Our policy so far has been to aid and arm all sides, a technique perfected by the European bankers that helped fuel a constant state of war in Europe for a couple of centuries.  The Christians, Buddhists and Hindus of the world can sit back and watch as the Arabs and Israelis battle it out once again.  It seems ironic that the Talmud of Israel is like our Old Testament and the Moslem Koran is like our New Testament yet the nations following them seem oblivious to the most important Commandment of all, love thy God and love thy neighbor.

Banks and Credit

Now that we have pumped about $3 trillion into economic stimulus and corporate bailouts what have we achieved?  We are still here.  Credit remains a problem but VP Biden finally got his way and Obama will be meeting with the credit card companies to discuss ways to save them.  Most of these companies are located in Delaware, the same state Biden used to represent.  What a coincidence.  Biden should have the agenda down pat, he took care of these companies when his son was their lobbyist.  He even sponsored a bill to change the personal bankruptcy law to protect the delinquent bills of credit card companies during a bankruptcy action.

Goldman Sachs continues to rule Wall Street and Washington, DC meaning anyone who owes them money through loans, warrants, derivatives or other manipulations will get a government bailout at least enough to pay off their debt to Goldman.  So AIG teeters on the brink of disaster and gets $173.3 billion in federal aid then pays off $30 billion to Goldman.  A failing company and Goldman gets 100% of all the money owed by AIG.  It does go to show how firms like Goldman have seemingly unlimited access to the US Treasury and Federal Reserve.

When is Obama going to have Treasury tell us how much money is yet needed to cover the toxic loans, the commercial real estate loans, and the credit card delinquencies?  Someone knows the numbers but the transparency of the president seems to have no effect on his people.  Do we face trillions more in socialist subsidies and bailouts before we see light?  Maybe!

Health Care Reform

Somehow the notion of spending $634 billion as a “down payment” on health care reform is not how meaningful reform is achieved.  Normally you identify the savings and then reduce the budget, not increase it.  As the changes work, a rather bold assumption, you bring in the people not covered by health insurance.  Did you ever see health and life-expectancy statistics on people with no health care?  What if they live longer and happier than those covered by insurance?  Just how many billions and billions of dollars are spent on unnecessary operations and medication?

If Obama is really an advocate of transparency, then he should publish the total income of doctors, hospitals and clinics from government programs like Medicare, Medicaid and veterans treatment, or did they contribute so much to the campaign they are protected like so many other groups?  This entire industry from professional services to hospital facilities, drugs to treatment costs to insurance must be investigated from top to bottom to find where greed took over and then eradicate it.

Obama and Religion

“America is not a Christian nation!” so echoed the words of our new president in his first major address to the Moslem people of the world.  Since taking office his liberal media allies have been foretelling the death of Christianity in America and his actions have helped pound a couple of nails into the coffin of Christianity.  Our founding fathers might have found his words a bit hard to swallow.

It took Obama 8 weeks from the day he was inaugurated to find his way to a church with his family.  At that pace he will attend church service 6 times his first year in office, or about 100 less times than he gets on the basketball court for a little b-ball.  Of course after his experience with his big mouth minister during the campaign maybe he is a little gun shy.  At least we found out he doesn’t pay attention while at church since he didn’t hear a thing his radical minister bellowed from the pulpit.

He has liberalized abortion in the year when America has now reached over 50 million legalized abortions performed.  For every 6 Americans living one was aborted and for every 2 abortions performed for medical reasons (either the fetus or the mother) 25 abortions were performed for no reason.  Add in the expansion of stem cell research Obama approved, research certain to lead to even more abortions for profit, and we fail to find much of anything that would appeal to Christians.

Global Warming

So what can we say about the Obama multi-billion dollar Global Warming initiative?  Well I’ve studied a little bit of history and seems I’ve found a little information that casts doubt on this Global Warming thing.  It seems global warming and cooling are a natural part of the existence of Earth.

In fact the worst ice age of all time occurred between 850 million and 630 million years ago during the Cryogenian period.  Scientists believe it produced a Snowball Earth in which the entire globe was covered in permanent ice.  Back then the accumulation of greenhouse gas, the stuff we are trying to get rid of, was produced by volcanoes which melted the ice and saved the Earth.

At least four major ice ages took place in our Earth’s history.  The current age started 2.58 million years ago and we are currently in the warming phase.  These cycles of warming and cooling complete their cycle at 40,000 and 100,000 year time periods.  The next ice age can be scientifically predicted to begin about 50,000 years from now, with or without human generated global warming.  Nature will follow it’s course no matter what we do.

Since the last ice age was longer than 2.58 million years ago and at least four ice ages have taken place with most if not all of the entire globe frozen, and this was before civilized man, before any man we know of, what caused the natural cycle?  Either volcanoes explode, and there are still many around the world and in America, they create a dense layer of soot and ash in our atmosphere, and the debris blocks the sun from hitting the Earth.  A few hundred years required for the Earth’s atmosphere to clean up and we have another ice age.  A large meteor could do the same and some have hit the earth.

How could we have had four major ice ages and thousands of warming and cooling cycles like we are in without mankind populating the earth and no advanced technology?  No doubt mankind can speed up the process of global warming with our excessive consumption and emissions.  No matter what we do the global warming and cooling cycles will come and go  

Personally I think if we want to stop polluting we should just ban all plastics which is made from oil, ban imports from countries that are polluting with their factories, and give a tax rebate of $2,500 for every car bought getting 35-49 miles per gallon (mpg), $3,500 for cars getting 50-75 mpg and $5,000 for cars getting 76-100 mpg.  That kind of subsidy will make the hybrids, hydrogen and electric cars profitable to the car makers.

Okay, so what about the report card?  Well, I say forget the grades, the Democratic leadership in Congress will just change the grading system in America to accommodate and cover up the fact we no longer lead the world in much of anything.  It is not politically correct to encourage individual excellence, leadership, innovation or exceptional performance in a socialist world if that is what the left wing wants.  I say give them a blank report card just like the report cards our public school students get.  How else could we have the highest cost of education in the world and the worst results of most developed nations?

 

 

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Californians more upbeat on economy, but still not spending, report says
The survey indicates that consumers don’t expect general economic improvement to help them. Californians feel more confident in the economy — but not enough to open their wallets and spend.

Read more on Los Angeles Times

Natural Gas Futures Steady on Stronger Economy, Storage Report
May 5 (Bloomberg) — Natural gas futures were little changed in New York on signs of a recovering U.S. economy and a rising surplus of the industrial and power-plant fuel.

Read more on Bloomberg