A Tiresome Campaign Now Enters Blue States

While the campaigns technically took yesterday off, they were in reality still campaigning. Obama played President yesterday, releasing pictures of him “leading” the hurricane disaster relief from the White House. Interestingly the White House didn’t release pictures of Obama leading the counterattack in Benghazi. Romney spent yesterday campaigning in Ohio under the guise of preparing food and other supplies to be sent to the hurricane zone. Will this matter on election day. My guess is that people aren’t terribly interested in what either of these guys are doing today. Those in the hurricane zone are more interested in protecting themselves and their property. Those outside the zone are more interested in watching the destruction.

Have you seen the new Moveon.org ad? It features a group of foul mouthed socialist seniors warning the country about the Republicans “stealing” the election. We can already see where the Soros groups are going to go if Romney pulls off the upset. It couldn’t be that the nation is rejecting Obama and his failed policies, it’s that the dastardly Republicans stole the election. This is the latest ad in a long line of disturbing ads coming from the left. If it isn’t cursing seniors, it’s manipulative kids singing about sick people dying if Republicans win. This is what happens when a party has watched its policies fail and they’re truly scared of losing the election.

Obama is buying ads in Detroit. I find this curious on a number of levels. Obama must be concerned about losing Michigan otherwise he wouldn’t waste his money buying ads in Detroit. Living in West Michigan, I find it hard to believe that Obama would lose this state. That said, Romney was born and raises in Michigan and no, I can’t even come up with a reason why Obama would be spending money here. There’s no way Michigan is in play, it’s not possible. Michigan hasn’t gone Republican in a Presidential race since 1988. It isn’t going to happen this time around. Still, Ann Romney toured the state yesterday and Obama’s buying ad time in Detroit.

Speaking of states that haven’t gone Republican in a long time, Minnesota hasn’t since 1972. Yet Romney is buying ads in Minnesota. There are a number of theories as to why he might be. Apparently parts of northwestern Wisconsin watch networks based in Minnesota, so Romney is likely targeting those people. But there is a poll out there that shows Obama only up 3 in the land of 10,000 lakes. Interestingly Obama is sending Clinton up to Minnesota to campaign. Why would he send Clinton up to Minnesota, a perennially Democrat state if they weren’t afraid of losing it?

The only way Romney belongs campaigning in Democrat states is if he has Ohio wrapped up. Obviously Ohio is still very much a tossup, if it doesn’t lean Obama. What’s interesting is that in some of these states Obama is playing defense. One wonders what their internal polls suggest. If they thought Michigan and Minnesota were all wrapped up, they would let Romney waste his time and money. The internal polls for both campaigns must suggest a closer race in some of these Democrat states. What qualifies as close I don’t know but close must mean spending money and sending surrogates.

Thankfully the madness ends in less than a week. Words cannot describe how tiresome this campaign has become. Whether it’s the ridiculous ads coming out of the Obama campaign and leftist organizations or the endless polls, the campaign is nauseating. Unfortunately we’ve become a nation of endless campaigning with very little governing in between. Obama spent the last four years campaigning for re-election, he’s done very little governing the past four years, particularly the last two. Members of Congress are no better, neither are state or local officials. Having said that, no matter who wins we can at least look forward to at least a few months without a ridiculous political ad.

Evil Muslim Brotherhood Controls Egypt, Soros & Obama Rejoice

The Muslim Brotherhood has elected Mohammed Morsi as President of Egypt. You’ll recall that the Muslim Brotherhood would like to wipe Israel off the face of the Earth and was nevertheless supported by the Obama administration during the Arab Spring revolution last year. Just last month Morsi was introduced at a rally by cleric Safwat Higazi who declared that Jerusalem will be Egypt’s new capitol. There’s little doubt that Morsi agrees, the entire Muslim Brotherhood is hellbent on war with Israel. A war in the middle east would be a disaster for the United States, it would create chaos which would ultimately harm us.

Various George Soros funded organizations (Code Pink for example) have supported the Muslim Brotherhood’s revolution. It’s always interesting to see American leftist groups, particularly feminist groups, support the Caliphate efforts in the middle east. One Egyptian beat his pregnant wife to death for not voting the right way, Code Pink doesn’t seem to have anything to say about that. In any event, the goals of Soros and the Muslim Brotherhood are similar. They hate capitalism, they hate Israel and they seek to create chaos and overthrow the existing power structure. As such they’re temporary allies despite the fact that they have fundamental disagreements.

What we are seeing in Egypt is democracy in action. It should remind us why democracy is evil, it’s little more than mob rule. Our founders created a republic. The power is with the people but our ability to create mob rule is significantly diminished. A republic protects individual rights, democracy on the other hand tramples all over them. The left loves to talk about democracy, in their minds if they can get one vote over 50% they can run roughshod over individual rights and implement socialism or in the case of the Muslim Brotherhood their goal is to create an Islamic Egypt and a caliphate. Individual rights mean nothing to these people.

The leftists in Wisconsin spent a year talking about democracy, they spent a year linking their effort to oust Scott Walker to the Arab Spring. These two very different groups have one thing in common which is a desire to control people via democracy. They hate individualism and individual rights. In the upcoming months we’ll see countless examples of Morsi and the Brotherhood denying individual rights all for the “good” of Islam. Of course American leftists like George Soros won’t have anything to say about it. But the Brotherhood murders people, remember that is what democracy looks like.

What’s incredible is that our President supports all of this nonsense. Obama isn’t a Muslim, he’s a leftist. Unfortunately American leftists are very much supportive of the fascist Muslim Brotherhood and the chaos they’re bringing to the middle east. Like with Hitler and Mussolini in the 20′s and 30′s, radical American leftists view what’s happening in the middle east as a dry run for what they want to bring here to the United States. Like with the fascist movement in Europe (which was socialist and generally lauded by American leftists until Hitler attacked the Soviet Union) the middle east won’t provide a dry run. But what it will do is bring major chaos to the world, perhaps war in Israel.

We should oppose the Muslim Brotherhood’s takeover of Egypt. Not because we imagine that modern Israel is more than just another country and not because Israel is an ally. We should oppose the takeover because it brings instability to the middle east, which becomes a threat to us militarily and economically. It brings us closer to a middle east, Muslim caliphate. Don’t forget, the Brotherhood isn’t just in Egypt they’re to be found throughout the Islamic world. Islam is a religion of blood and conquest, a caliphate would be incredibly dangerous for the United States and western life. But don’t expect the current occupant of the White House to care about that. He’s an American self loather who would rather our nation become weak. With the Brotherhood in control in Egypt, America is weaker because we now have less influence in the middle east.

Euro On Brink Of Collapse; Obama Nowhere To Be Found

Europe is falling apart. The European Union and the Euro are on the brink of collapse, largely because member nations cannot agree on what to do with defaulting nations. Greece, Italy, Spain, Portugal and Ireland are all on the brink of collapse because of their national debt. Germany is tired of bailing these countries out and arguably cannot afford to do it anymore themselves. The collapse of the Euro would put the entire EU into a recession. Supposedly the “moment of truth” is fast approaching for Europe. George Soros, who may or may not be orchestrating all of this, says the EU has three months to figure things out.

Germany and France will make it out of an Euro collapse in relatively good shape. They’ll have a recession but those two countries will be the first out of the recession. They’ll be soon followed by the lowland countries then the eastern countries. But the big question is what ends up happening to the defaulting nations. Chaos is likely to rule and the question then becomes first will that chaos spill into neighboring countries and second who ends up in control after the chaos subsides.

We’re more interested in the short term though because what happens with the Euro could have a direct impact on our Presidential election. The worldwide economy is slowing. Asia is stalling, Europe is falling apart, the NASDAQ and S&P are already in an official period of correction, the Dow isn’t far behind. In fact the Dow has lost all of its 2012 gains in the past couple weeks. Much of the loss is based on fears that Europe is about to come apart, that the Euro will no longer be the currency of the continent. That fear is quickly leading to a worldwide recession.

If the Euro collapses, in the short run we’ll lose a major trading partner in Europe because they will lose access to credit. That will affect us in the extreme, forcing the US into a recession and likely China as well. If this happens, Obama is toast. The economy is already unstable and Obama’s re-election chances largely hinge on how the economy does over the next few months. A recession based on a Euro collapse wouldn’t last forever because as previously mentioned Germany and France will be able to rebound fairly quickly. But they won’t rebound before the November election.

With so much on the line for Obama and the world economy it’s interesting that Obama has almost nothing to say about the potential Euro collapse. It’s as though he’s become an isolationist on this issue alone. Maybe he doesn’t have enough time for the Euro because he’s to busy picking and choosing which terrorists to kill. It’s quite odd that Obama isn’t trying to get involved, isn’t proposing American led solutions or demanding some sort of resolution. Obama doesn’t have isolationist tendencies, what he does have though is a lack of leadership skills. He’s the President of the United States, if he demands action and offers to lead Europe will listen. Especially now, they’re entering a crisis situation.

Obama however sits on the sidelines doing nothing. So much is riding on Europe for Obama, it makes one wonder if he even realizes it. Obama doesn’t really have an understanding of the economy and seems to have only cursory interest in how it actually works. With Valerie Jarrett being the only advisor Obama actually listens to, and with Jarrett being a serial incompetent, it’s no wonder the big O doesn’t have anything to say on Europe. But he needs to say something, he needs to do something. His Presidency truly hangs in the balance but more important than that, so does our economy.

What exactly Obama can and should do is up for debate of course. But barely commenting on the pending collapse of a major world currency isn’t an option. In the very least, the United States needs to offer to help negotiate some sort of resolution, even if that resolution means the planned and coordinated elimination of the Euro. In that case the end of the Euro would be relatively orderly, a much better outcome than a chaotic collapse. But Obama is nowhere to be found, he hasn’t offered to do anything. If Obama loses because our nation fell into recession after the Euro collapses, historians will look back and wonder why Obama never got involved or waited until it was to late. As voting citizens, we have to ask ourselves now why the President isn’t doing anything and why he has no comment on the matter when it so very much affects our day to day life.

Inept Obama Campaign Causing Democrats To Panic

Amusements abound over in the Obama campaign. The well oiled machine of 2008 has given way to a machine that had its best days four years ago. The other day Obama claimed that the election would be “tight” because of a name like his. He’s playing the race card and it’s only May. We’ll of course pretend that he didn’t win in the biggest Democrat victory in over a generation with “a name like his.” The notion that racist America cannot handle a name like Obama as President is the sort of middle school argument that should have been dead on election night 2008.

Democrats are beginning to panic over Obama’s campaign. Recent polls haven’t looked great for Obama. He’s been well under 50% in most of them. In a CBS poll Romney had a slight lead (a statistical tie really) over Obama in support from women. The same poll found the overwhelming majority of Americans believe the President was playing pandering politics with his homosexual marriage announcement. Even those who agree with homosexual marriage. Big mean JP Morgan lost $2 billion (the government loses $6 billion daily) which the media is absurdly falling to pieces over. Meanwhile the President says JP Morgan is great and praises its CEO. Obama recently attacked Romney over Bain Capital yet is taking money from a former Bain Capital executive. Inconsistencies abound in Obama’s campaign and Democrats are rightfully nervous.

The Democrats are even panicking over the choice of Charlotte, North Carolina as the Convention site. The North Carolina Democrat Chairman is embroiled in a sex scandal and that isn’t even the biggest problem facing the Convention. It’s underfunded. Unions are being expected to pick up a lot of the tab but they’re apparently outraged that North Carolina is a right to work state and are even more outraged that Charlotte hotel’s aren’t unionized. Most amusing, especially for us non-Democrats, is that the far left is worked up over the fact that Obama’s acceptance speech will be made at Bank of America Stadium. That’s right, they’re worked up over the name of the Stadium.

While all of this is going on ole George Soros is busy sitting down with top Democrats to discuss strategy for the 2012 election. One can only imagine what he has to say. It’s an open secret that Obama’s pathway to victory is to get his base to come to the polls in large numbers. It will be Soros that funds this sort of grassroots effort. Soros funds many left-wing organizations, many of which are actively involved in the sort of community organizing that gets the vote out. Soros has in the past said that he wouldn’t mind a Romney Presidency, probably because Romney is a progressive. You wonder whether Soros will dial back the support for Obama if he thinks the Obama ship is sinking knowing that Romney will still support many of Soros’ progressive policies.

We’re in the middle of a defining period in a Presidential race. This is Obama’s chance to define Romney and so far Obama is failing miserably. The President still has a bully pulpit, many Americans don’t really know who Romney is. Obama can take that pulpit and define Romney in any way that he wants. Calling him a vulture while taking money from a fellow Bain executive and patting the back of JP Morgan’s CEO who just lost $2 billion defines Obama as a pandering political hypocrite more than it defines Romney as vulture.

Obama has had nearly two months to define Romney since the GOP nomination was largely secure and he’s utterly failed. Obama still has another three months or so to define Romney but the longer he waits or the longer he fails to define Romney the worse it will be for his campaign. If Romney has a chance to define himself it will of course be only in the most glowing terms. By being able to define himself, Romney can make himself look good but he’ll also make Obama look inept without even mentioning him. No wonder the Democrats are beginning to panic.

Battle For OWS Control Heats Up

There is a battle underway within the Occupy Wall Street crowd. A so-called battle for the soul of OWS is being waged between the “old” left, which is apparently represented by Obama supporting leftists and the “new” left which is apparently supported by people more radical and left-wing than moveon.org. Adbusters appears to be at the forefront of this OWS rebellion, though there are others. The question arises who is now in control of OWS. You get the feeling like the more peaceful Obama supporters are losing out to the more violent radicals.

What is this rebellion exactly? One thing to keep in mind is that all the OWS leaders are inter-connected. Van Jones, Stephen Lerner, the moveon.org gang, Adbusters, they’re all connected. The man giving money to everyone is George Soros. At first glance this battle appears to be one between the leaders of OWS and the rank and file of OWS. But that isn’t the case, this is a battle being waged in the upper leadership of OWS. The rank and file, as with all leftist movements, are just pawns being played by their leadership. The question coming out of this OWS rebellion is which group within the leadership will come out victorious and in fuller control of the OWS movement and in their minds the battle is over which group of leaders will take over once the US government is toppled. (that is their stated goal, as absurd as it is)

As it gets warmer we’re going to see more OWS protests. We’ve already seen many of them get violent this year, which suggests that in the very least the more radical of the OWS crowd has support. The radicals want violence and have advocated for so-called black bloc violence. A black bloc is a large group of people dressed head to toe in black who engage in violence. The purpose is to prevent the police from identifying any individual. In New York OWS radicals engaged in black bloc tactics, targeting at least two businesses.

If we look at OWS from a purely political standpoint, if the violent radicals take over the movement it can’t be anything but bad for Obama. Riots caused by leftists he’s associated with would destroy his re-election chances. Flashback to 1968, riots and violence caused by leftists ensured that Richard Nixon won. The far left already has their guy in the White House, it’s understandable why certain factions in OWS don’t want violence. They want to rally support for Obama’s re-election. These people truly believe that OWS is the leftist version of the Tea Party. They believe their goals are only four more years of Obama away from being realized. Their sincerity shouldn’t be doubted.

The problem though is that the left has always harbored bigger radicals than moveon.org. It has always contained a violent, chaotic element, whether it’s the Black Panthers, Adbusters or Anonymous. The goals are all the same, they all want a fundamental transformation of America away from capitalism towards socialism. Once we get to socialism, the left will fight with itself for ultimate control with the winner deciding socialism, fascism or communism. OWS has jumped the gun, fighting with themselves before they actually have full control. Which means one of two things, either the leadership is full of power hungry fools or they truly believe revolution is right around the corner and/or here. If the latter is true, it ought to terrify you. What do they know, what are they planning?

Ultimately OWS’s leadership believes their movement has more nationwide support than it really does. The radicals want to create mass chaos right now so as to push the nation towards the national salvation of socialism. In chaos the better organized wins and they know they’re better organized thus it’s in their interest to create the chaos necessary to force change. What the Obama types are legitimately concerned about is a backlash from the public against Obama if chaos happens. They rightfully see that the public will blame an already fairly unpopular President and it will set their movement back. How OWS plays out this spring and summer is anyone’s guess. There will be violence though, the violent faction will see to it.

If The People Don’t Have Bread Let Them Eat Organic Chicken!

There is a revolt under way at the Occupy Wall Street protests. No, the radical leftist revolutionaries haven’t started an actual revolt yet. But their kitchen staff has. Yes, OWS does in fact have a kitchen staff, something one would have thought would be reserved for the 1%, not the 99%. The poor kitchen staff is apparently stuck working 18 hours a day and they feel underappreciated. They’re also tired of feeding the “professional homeless” and “ex-cons masquerading as protesters.” No, I am not making this up.

The revolt began Wednesday when the kitchen staff only served, gasp, peanut butter and jelly sandwiches at a staff meeting. Yesterday the revolt escalated as only sandwiches and chips were served. It will continue today when only brown rice and other “spartan” grub is served. One would have thought this would be what the kitchen staff served in the first place. In fact they normally serve organic chicken and vegetables, spaghetti bolognese and roasted beet and sheep’s milk cheese salad. I couldn’t make this stuff up if I tried.

The irony of all of this is incredible. These leftists claim to be protesting for the lower class and the middle class yet they look down on the “professional homeless” who presumably they’re protesting for. They don’t want to give up their food for the homeless or ex-cons, they want to selfishly keep it. Isn’t this what they accuse bankers and billionaires of doing? Beyond that, the protesters themselves are treating the kitchen staff just as poorly as they accuse big business of treating employees. These people are hypocrites in the extreme.

The menu is mind boggling. Who knew that protesters needed more than a peanut butter and jelly sandwich? The menu is something I would expect to find on the dinner table of someone in the 1%. Organic chicken and vegetables, who can afford organic chicken? Bolognese isn’t exactly cheap, have you seen the price of beef these days? Roasted beet and sheep milk cheese salad sounds like a dish on at a high end restaurant that caters to rich middle aged women after they have a spa morning.

The OWS crowd is overrun with hypocrisy and inconsistency. Their kitchen menu exposes any number of things about them. First, they’re very clearly being funded by someone with deep pockets. (read: George Soros) None of what they’re serving on a regular basis is cheap. Someone is paying for it, in fact someone had to be prepared to pay for it up front. The cost of the food they’re using proves, yet again, that OWS is a planned endeavor and not an organic, grass roots uprising.

Second, that these kids are demanding high end food and the kitchen staff believes that they’ll be showing them up by serving sandwiches and brown rice says something about the crowd. If you’re really lower class, such as the “professional homeless” the kitchen staff complains about, you’ll take what you’re given and be grateful for it. That the kitchen staff expects to sticking it to someone by serving sandwiches means that those kids are demanding high end food. It shows us that they aren’t coming from the lower class themselves but are likely coming from the upper middle and upper classes. Which means the protesters are largely a bunch of dumb kids and frauds.

The irony of all of this is rich though. The OWS protesters and leaders are treating their kitchen staff worse than the billionaires they hate so much. The kitchen staff and OWS leaders don’t want to have to give their loot over to the “professional homeless” and “ex-cons” that want it. Isn’t that what they demand billionaires and wicked bankers do, ie: give up their loot to those who don’t have it? The hypocrisy is priceless.

OWS Descending Into Anti-Semetic Chaos

The Occupy Wall Street protests are descending into chaos, which is their goal. In Boston, Occupiers were arrested for selling heroin. In Oakland protesters clashed with police for no legitimate reason. As has been typical of leftists over the last century, they’re blaming the Jews for all the world’s problems. Anti-Semitism is showing its ugly head at OWS protests. SEIU’s Stephen Lerner talked about targeting banks, specifically Chase Bank, last spring. His plan is being implemented as Chase has been the target of protests from the OWS crowd.

Make no mistake, all of this is being planned. You can read the archives of this blog, it’s clear that the left was planning a massive astro-turf street movement. It’s clear they were going to target Wall Street and banks. Their goal is to create chaos so that middle class Americans will demand state action to stop it. The leftists of course will rise up and stop it and then move the nation further into European socialism. These people are seeking a new world order.

Make no mistake, this is worldwide. Doesn’t it strike you as odd that American leftists so strongly supported the Arab Spring uprisings? Isn’t it odd that George Soros funded groups like Code Pink would be so supportive of the Muslim Brotherhood and Hamas? Isn’t it odd that radical Muslim group CAIR is protesting at the OWS protests in New York? This is a global movement being orchestrated by radical leftists. It’s being funded by billionaires like George Soros, who apparently is the good kind of Wall Street billionaire according to OWS leftists.

These people don’t seek freedom, they seek socialism. They want the government to pay for their student loans, Obama is more than happy to do so to buy their votes. They want government to guarantee what they call a living wage. Depending on who you talk to, that may mean $20/hour. Never mind of  course that at that wage millions will lose their jobs and prices will rise rendering the so-called living wage irrelevant. These leftists want socialist healthcare and massive government spending. They want higher taxes, as though taxing someone else will somehow make their own lives better.

What these people don’t want is personal responsibility. They don’t want freedom, they don’t want free enterprise. The kids protesting in the street are nothing more than useful idiots. They’re acting like fools thinking they’re doing something good for themselves and the country. In the end, they’re expendable stooges that the creators of OWS will cast aside when they have a chance to seize power. As an example of the left doing just this, Hitler gained power in Germany through his band of street thugs in the SA. Once he obtained power the SA was destroyed and its leaders murdered.

The problem the left is going to face is that the American public doesn’t usually flock to Democrats for law and order. Obama is already down in the polls, his support for a violent OWS movement isn’t going to be viewed favorable by voters. It surely wasn’t in 1968 or 1972 for the Democrats. It begs the question what the OWS leaders goals really are. Are they focusing on the 2012 election or is this a preview of the next four years as the radicals focus on 2016? Or do these people not care about elections at all? Or perhaps do they theorize that a complete global economic collapse will actually aid Obama’s re-election? It’s hard to say what goal they have in sight in the short run.

We do however know what their long run goals are. The radical left wants socialism. They want a top down economy run from Washington. They want socialist health care, free college education, extremely high taxes and a stifling business environment. They hate America and the freedom that the Constitution gives individuals. They seek an expansive Federal government and reduced personal freedom. You just have to listen to the leaders of these groups speak. It’s clear as day if you care to know the truth.

Leftist Protesters Seek Mass Wealth Redistribution

Van Jones, a former the former Obama administration green jobs czar, is one of the leftists organizing the Wall Street ‘Days of Rage” protests. While these leftists are busy “occupying” Wall Street, Van Jones is hosting a conference titled “Take Back the American Dream.” At this conference Anne Hess, a major Democrat fundraiser, declares that the American Dream is about redistributing wealth. She goes further to suggest that free housing and free healthcare are rights.

Don’t be fooled by the leftists who are attacking the Federal Reserve. They trying to fool you into thinking their policies are similar to your own and they’re trying to fool you into believing that their policies are reasonable. There is plenty to not like about the Federal Reserve, but we ought not forget that the current progressive President is the one encouraging the Fed to inflate the currency. We have to look beyond these minor points of agreement, we have to look at what these leftists really stand for in order to determine whether or not we should support their movement.

Van Jones imagines that his leftist movement is the left-wing response to the Tea Party. The fact though is that the Tea Party wasn’t organized from on high like the Days of Rage protests. No one got arrested at Tea Party events, no one “occupied” anything and the Tea Parties never encouraged rage. From the very beginning, the Tea Party was an organic organization, a grass roots group of disconnected conservatives. For example the Tea Party in Grand Rapids is not the same as the Tea Party in Holland only a few miles away. There are multiple groups claiming to be national tea party organizations, they all have different sets of beliefs and different policies they find most important. This is the opposite of the Van Jones group, which is being funded by George Soros and being organized from on high. They don’t represent “the people” they only represent the interests of Jones and Soros.

Looking beyond organization, these people are socialists bordering on Communists. They believe in the mass redistribution of wealth. They believe there is a right to free housing and free healthcare. They have, at times, attacked President Obama for not redistributing wealth enough. Is the leftist opposition to the Fed really enough to make conservatives or libertarians join  their rallies? One would certainly hope not because these leftists are protesting in the tradition of Lenin, Stalin and Mao. They’ll use  your support today and when they get power they’ll kill you.

These leftists don’t want to reform the American government, they want a revolution. Van Jones and all of these guys are very up front about this. Their idea of a revolution looks more like the French or Russian revolution than it does the American revolution. It would have to considering the American revolution was about limited government and freedom, which is the opposite of what these leftists believe.

We need to pay attention to Van Jones and company because they’re seeking to fundamentally transform America through a leftist revolution. They want to destroy this nation, they want to destroy capitalism and they want to destroy freedom as we know it. They’re not joking around. This isn’t just a group of stupid college kids who are in it for fun.

UBS Issues Dire EU Warning; Return To Gold Only Safe Solution

Union Bank of Switzerland (UBS), the most powerful bank in Europe, is warning of the potential of civil war in Europe should the European Union and Euro collapse. UBS also warns that if Germany leaves the Euro, presumably to return to the Deutschmark, that the German GDP will drop 25% and Germans will lose about that much in individual income immediately. George Soros is sticking his head into the matter declaring that a major Euro bank collapse would be “worse than Lehman Brothers.”

Let’s first be honest about what UBS is up to. They’re pushing the worst case scenario because if the Germans leave the Euro or if the EU breaks up UBS will lose billions in profits. UBS is the most powerful bank in Europe, it controls financing throughout the EU. They have all sorts of influence in Brussels and they don’t wish to lose their favored status. If the Germans leave the Euro, the whole currency will fall apart. UBS knows this and they know that with the death of the Euro, they will likely die as well. Their doom and gloom report is meant to scare Germans and perhaps the French into sticking with the Euro so that UBS can continue being the major bank in Europe.

The Euro is collapsing and the EU is about to fall apart as a political entity. The EU was great when it eased trade between European states. It has been great for travelers who don’t have to wait in line at each border crossing.  Otherwise, the EU hasn’t been all that great for Europeans.

The Euro has made a mockery of German frugality and conservative fiscal policy by allowing Mediterranean states to spend like drunken sailors on socialist welfare programs. Greece, Italy, Span and Portugal are all on the brink of financial collapse because they spend way to much money. Their so far in debt and their people cannot afford the taxes necessary to get them out of debt. The EU has allowed this to go on for years, largely because the EU is powerless over these sovereign nations.

The Germans don’t want to inflate the Euro. The Germans learned their lesson during the 1920′s, inflating currency is never a good thing. Since the Weimar Republic, the Germans have tended towards deflation rather than inflation. Stability has always been their goal. The German miracle from 1946-1960 was predicated on a stable currency and limited government. In fact, the German economic miracle was predicated on the gold standard.

Europe and the United States have a major problem on their hands. Fiat currency (paper money, not backed by gold) is becoming worthless and is in danger of collapsing. The Euro is collapsing because member states are spending to much money, which is creating instability within the Euro. The Dollar isn’t collapsing yet, but it’s well on its way considering the Fed is printing trillions in money. Inflation is just around the corner.

If we returned to the gold standard, even a limited gold standard wherein the value of the dollar is based on gold, we would see stability in the economy and a reduction in unemployment. Gold is stable because it isn’t subject to the whims of pols who love to print paper money. This of course won’t be part of Obama’s jobs speech on Thursday, but it is a legitimate solution. The Germans could tell you all about it, in fact if the UBS report is any indication the Germans would like to return to controlling their own currency, likely backed by gold. In the very least, the Germans don’t care to be tied down by wild eyed Mediterranean socialists who don’t put enough into the EU system. There are lessons for us to learn by watching the EU. Sadly, our government isn’t paying attention.

Did George Soros Make $10 Billion On US Debt Downgrade?

Did George Soros make nearly $10 billion off of S&P’s downgrading of US debt? Someone made an $850 million bet in the futures market that US debt would be downgraded. The end result is that whoever made that futures bet walked away with nearly $10 billion and perhaps the satisfaction of freaking out the markets. Soros has pulled this sort of stunt before. He practically destroyed the British pound in the early 90′s on a deal where he earned $1 billion. He’s also been known to take down other foreign governments and destroy economies.

To be fair, people associated with Soros have denied that he’s involved. There are other groups out there who have access to this amount of cash and could have placed the bet. This includes our Federal Reserve and the Chinese Central Bank as well has a couple of hedge funds. But with Soros’ track record, it wouldn’t surprise anyone if he was involved.

No matter who was involved there needs to be an investigation as to who placed this bet. Individuals and central banks don’t usually make massive $1 billion bets unless they’re certain of the outcome. That suggests insider trading, which would be illegal in the United States. If Soros is involved, how did he know that S&P was going to downgrade? If Eric Holder won’t investigate, and is there any doubt that this administration will not investigate Soros, then it’s up to Congress to investigate. Senate Democrats won’t spurn Soros, so it’s up to House Republicans to investigate the matter.

There is substantial evidence that Soros is the person who made the bet. He recently eliminated his hedge fund by returning money to all non-family investors. This move allows Soros to operate without reporting to the SEC. In other words, it allows him to make this massive bet against the United States without having to report on the matter. Soros has a lot of contacts in this administration and has profited off of any number of Obama initiatives. It isn’t out of the question that Soros was given information from the Obama administration that aided his decision to place an $850 million bet against our credit rating.

Soros is a radical leftist who wants to reshape the world in his own image. He uses currency manipulation and other Wall Street manipulations to make money, often at the expense of the people whose currency he’s destroying. He then uses his profits to fund a radical leftist web of organizations. Soros has been involved with Obama since the 90′s. Soros is funding  organizations that are aiding the Muslim Brotherhood in Egypt and Hamas in Israel. We know that Soros took down the British Pound in 1992, is it out of the question that he would try to do the same to the American dollar?

Obviously we don’t know for sure if Soros was involved yet. That information will come soon enough. No matter who placed the bet, there needs to be an insider trading investigation because this sort of move has insider trading written all over it. If Eric Holder won’t conduct an investigation then the House Republicans need to conduct an investigation. Especially so if Soros is behind this bet against America.

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