Zimbabwe: Inflation Rate Spirals Higher Still

Zimbabwe’s inflation rate, already one of the highest in world history, rose from an annual rate of 11 million percent in June to 231 million percent in July, according to official statistics reported by the state media. Rising prices for staple foods are driving the price increases, making it increasingly difficult for people to afford food. Talks on details of a power-sharing deal involving the opposition leader Morgan Tsvangirai that might halt the economic decline are deadlocked, Mr. Tsvangirai said.

http://www.nytimes.com/2008/10/10/world/africa/10briefs-INFLATIONRAT_BRF.html?partner=rssnyt&emc=rss

John McCain's campaign suspension

Its all over the news today, Republican Presidential candidate John McCain has suspended his presidential campaign.  This means no TV ads, no fundraising, no campaign appearances and no debates.  He has headed back to Washington, DC to work on the “urgent” economic issues at hand.  Afterwards, he plans on resuming his campaign.  I was listening to KXNT’s Casey Hendrickson Show tonight and he and Heather were asking everyone if they thought Senator McCain had done this “for political gain” or “to put America first”.  I think the question is missing the real reason.  The Puppet-Masters have decided that this bill isn’t going anywhere fast.  Americans have started asking questions.  Recent polls are saying that most Americans are against the government bailout.  Yet, the Senate is pushing forward.  Now today, one of the puppets running for the Presidency announces that he will “suspend” his campaign until the crisis is over.   And what happens?  Americans have stopped talking about if the government should pass an unconstitutional bailout or not.  Now they are talking about if John McCain did this for political gain or not.  The entire conversation has changed.  And the Puppet-Masters are free to continue their push for socialism… and worse.

John McCain's campaign suspension

Its all over the news today, Republican Presidential candidate John McCain has suspended his presidential campaign.  This means no TV ads, no fundraising, no campaign appearances and no debates.  He has headed back to Washington, DC to work on the “urgent” economic issues at hand.  Afterwards, he plans on resuming his campaign.  I was listening to KXNT’s Casey Hendrickson Show tonight and he and Heather were asking everyone if they thought Senator McCain had done this “for political gain” or “to put America first”.  I think the question is missing the real reason.  The Puppet-Masters have decided that this bill isn’t going anywhere fast.  Americans have started asking questions.  Recent polls are saying that most Americans are against the government bailout.  Yet, the Senate is pushing forward.  Now today, one of the puppets running for the Presidency announces that he will “suspend” his campaign until the crisis is over.   And what happens?  Americans have stopped talking about if the government should pass an unconstitutional bailout or not.  Now they are talking about if John McCain did this for political gain or not.  The entire conversation has changed.  And the Puppet-Masters are free to continue their push for socialism… and worse.

2008: The Year the Financial Market was Socialized

I have been requested to write some of my thoughts on the “mortgage crisis” and the “bailout” of the financial markets.  I don’t have much time to get into this topic right now, so I’ll just give two thoughts.

We have been told how “urgent” this is.  It has to be done before Friday.  Anytime the government works really fast, either there is things in the bill that they don’t want We, The People, to find out about, OR they are trying to distract us from something else.  Which is it Government?  Either way, I don’t want it.

Second, we as a country are suppose to be for capitalism and against socialism, at least the Republicans are.  Yet, it is under a Republican Presidency that are financial markets are being socialized.  And people wonder why I’m so angry at the Republicans…

Should Fannie Mae and Freddie Mac be saved?

When I was trying out for Radio Star 4 on Saturday, I talked about if the Government should bailout home owners.  (and, of course, the answer is no).  I also mentioned the take over (or socialising of) Fannie Mae and Freddie Mac and how I didn’t think they should do that either.  Darrell Castle, Constitution Party Vice Presidential Candidate wrote this article today, which I thought was pretty good.

Should Fannie Mae and Freddie Mac be allowed to fail? That is the question that the United States Government (USG) faces today along with the consequences of failure or the consequences of takeover which is essentially nationalization.

Continue reading

Reduce Oil Prices by Regulating Speculators?

I was reading an interesting article over at SheeplePeople.com.  The article asked regulating speculators would reduce oil prices.  It’s a good read.  Check it out and tell me what you think.

“No…

Government intervention will make the problem worse.  Didn’t we already experience what happens when government interferes with the free market while Carter was president?

Speculation makes markets react faster and increases liquidity.  Without liquidity the market could be much worse and subject to larger price fluctuations.

Speculators are not the problem.  The number 1 problem is government created:  The Gulf War has cost 600 Billion dollars.  Rather than force Americans to pay for this in taxes, the government has borrowed and printed money.  This has caused the dollar to crash in value.  Oil is a commodity, just like gold, copper, and steel.  All of these items have gone up in dollars as the dollar has gone done in value.

If the dollar held it’s past value, oil would be under $100 a barrel.

Besides the crashing dollar, other significant causes are:  increasing demand from Asia, decrease in new discoveries, subsidized gas in China, and high per capita consumption in the U.S.

Speculation is a debatable factor.  I don’t think it hurts us, but I know government interference will!”

Organized Crime and Harry Reid

Yesterday (24 July), Harry Reid said “I am here to tell you that polygamist communities in the United States are a form of organized crime”.  He then gives a list of reasons on why polygamist communities are a form of organized crime:

  • Bigamy
  • child abuse *teen and pre-teen girls are forced to marry older men and bear their children)
  • Welfare fraud
  • Tax evasion
  • Massive corruption
  • Strong-arm tactics

While I agree that polygamist groups have their problems, I believe that there is a much larger problem with Organized Crime in our country, and its not coming from the polygamists.  Continue reading