Those green shoots claims.

The Obama regime claims that it has stabilized the economy and that a recovery is just around the corner. The latest and breathless claim is that initial unemployement claims have dropped a lot more than expected. When you look at the numbers, we find that the drop is in INITIAL claims and it is still above a half million more unemployed a month. So, unemployement has risen in every month since Obama was elected, especially after he became the alleged President. With the prospect of increasing taxes, difficulty of getting financing and the coming upsurge of energy costs if the Senate passes the Cap and Tax bill, businesses are laying off people in droves. There is no cure for the fungus of ObamaSocialism untill we have a Conservative Congress.

How to deal with nuclear proliferation.

Rogue regimes are trying to build nuclear weapons all over the world. The source of the cancer is N Korea that has shown that a small, backward impoverished nation can build a nuclear bomb and the missiles to deliver them. N Korea is also selling its knowledge and materials to Burma, Syria and even Iran.

The Israelis have taken out the Syrian facility, going against the Russian anti-aircraft facilities that were supposedly impenetrable. The Syrians did not know what hit them.

The US is also preparing methods to deal with nuclear installations that are buried deep in the earth. We had a bunker buster bomb, the BLU that was used agains Saddam. A new bomb is in the making, called the Massive Ordnance Penetrator, or MOP. This bomb is 10 times more powerful than the BLU, weighs 15 tons and carries 5,300 lbs explosive. It will deal with bunkers buried 200 feet deep. We can give a couple to Israel.

Here is a picture of the effect of the BLU:

White House sets up Informants Network.

The White House is creating an increasingly chilly political environment. The latest shoe of the centipede to fall is the creation of an Informants Network, where Obamabots are urged to report on citizens sending about emails that carry "fishy" stories about the Healthcare bill before Congress. The last time I saw such a network was in Hungary when the Communists took over. Adding to this obvious attempt to intimidate is the charge by Barbara Boxer that opponents of the bill are trying to hurt the President, that they are organized and represent elements bent on hurting the Country. Nancy Pelosi has gone as far as charging that opponents at Town Hall meetings carry swastikas.

For the record:
1. The health care bill is aimed at bankrupting insurance companies so we are all forced into the government plan. So say a couple of Dem House members;
2. Barak Obama did say that he wants a single payer, government run insurance, so he is lieing now when he says that we can keep the insurance we have;
3. The govt plan does plan to ration health care. It is in the bill.
4. The government plan intends to make cost savings by denying some care to seniors and give them counseling about ending their lives.

These are not "fishy" stories, but all of them documented.

The case for a coming economic doom.

It is interesting how almost every point of the compass forecasts doom for the US economy and the dollar. Chinese soothsayers, economists not in the employ of the Obamabots, several pundits I read, the cycle theories of Uncommon Wisdom, the Rev Wilkerson and his prophetic visions from God and my own visions based on history, economic theory, etc. We do not know exactly when it comes (between now and 2013) or even how it will come, but we know it is coming.

We know that a Conspiracy in the banking world has put us on the skids in Sep 2008 and we know that they are still in power. Seeking Alpha paints a truly scary vision of the next bubble being formed as I write this; a bubble the bursting of which the cycle theory forecasts for 2010. I have collected the graphic from Seeking Alpha.

http://ragingbull.quote.com/mboard/boards.cgi?board=CLB01354&read=821

The size of the bubble is estimated as one quadrillion dollars. This amount will devastate the world, certainly us and kill the currency. Prayers are really in order, because Babylon is about to burn.

Is the economy really recovering?

One of the easiest way to answer this question is to look at rail transport, because goods and commodities travel by rail. There is a web site that tracks traffic on the rail in 4 different ways and also tracks the rail traffic on each carrier. Whichever way you look at the data, the conclusion is clear: there is no significant recovery. NOTE that rail traffic fell off precipitously in Q4 of last year, after the FED engineered the sequestering of bank funds (already reported in an earlier post). The website that reports on rail traffic in more detail is:

http://railfax.transmatch.com/

What of the recently reported increase in consumer spending? The 0.4% rise in June may be due to the rise in gasoline prices.There is economic recovery in Asia but not here. Remember! The Obamabots benefit from continued economic crisis, so the last thing they want is for the downturn to end. Remember the Joker! As long as we are in economic stress, Obama can offer "solutions." It was and is a Munchausen by proxy insanity.

Obama caricature brilliant.

The Joker was a fictional character in Batman. The Joker caused all manner of cises in order to take over Gotham City, just as Obama tries to take over the United States. It is a brilliant satire because it is based on the truth.

How inflation works.

The concept of inflation and how it works is not clear to many people. And there is a new phenomenon to understand: how statists try to hide it.

Let's start with a hypothetical example so the pure concept can be grasped. Let us take a hypothetical County that is sovereign and issues its own currency: 2 million Talents. The people accept the currency and soon the wages and prices of everything adjusts. There is a problem though: the currency is inconvenient, because the change is difficult to handle. For example, how do people deal with items that cost only a fraction of a Talent? It's difficult. So, the County Council decides to issue a new currency called Dollars. For every Talent turned in, the Bank of the County issues ten Dollars. People are told to adjust wages and prices by a factor of ten. So, prices go up. Is this inflation? The answer is NO. Why not? Because the relation between currency and what it buys remains the same. The ten Dollar you got for one Talent buys what one Talent used to buy.

Now, suppose that the Council is taken over by people voted in by the poorest citizens, who want free education, free health care, free lunches for their kids and so forth. To pay for their promises members of the County Council decide to print another twenty million Dollars to spend on new programs. This makes for forty million dollars total currency. Is this inflation? YES. Why? Because there is more currency without an increase in goods, so the County in fact acquired half the goods and services of the County and the citizens lost half of their property.

The response to inflation is an attempt by the citizens to increase the price of their goods for sale and the wages they get paid.

How about the County Council? If the Council imposes price controls, it will in fact create a Black Market and goods will become scarce and difficult to buy. If the Council does not try to control prices and wages, it will have to issue more currency to keep its promises.

There is a new method for the government to keep prices and wages in check: create a Depression. This is done by instituting the so-called 'mark to market' accounting. The County Council declares that there is no market for houses so the mortgage held by the Bank of the County is worth zero. Commerce pretty much comes to a halt. The County Council issues credit to the Bank of the County so it can keep the economy going. By reducing economic activity, the EFFECTS of inflation (i.e. higher prices and wages) are not seen.

If the citizens remain in the dark as to what is causing the Depression, the Council can keep in power and dole out currency so the citizens do not starve. Inflation now is hidden, but it is there nonetheless. How do we know? Because citizens of other Counties know about the cheapening of the DOLLAR and the value of the DOLLAR with relation to other currencies will decrease. You can see how the Socialists decreased the value of the US dollar with relation to gold. You see, gold has an intrinsic value, which equals the cost of producing it. Ths Socialists in fact had gotten the value of the increase in productivity and spent it on their schemes to buy votes.