Monday, November 1, 2010
The New Liberal Mantra
Friday, October 8, 2010
Snipping at Spending
Thursday, October 7, 2010
Looking at the Economy
Lots of discussion about the economy; is it good or is it bad, are we heading in the right direction or are we heading in the wrong direction, and last but certainly not least, no matter whether it is good or bad, right or wrong direction, how long can we expect the current situation to last? Depending on who you talk to you will get as many answers as you have people to talk with. Probably the 4 most important indicators are inflation, jobless claims, unemployment percentage and housing (starts and foreclosures). Let’s, in brief, look at each one of these indicators.
Inflation risk: in the short term (5 yrs out) the risk of deflation is probably much more significant than inflation. The reason is that we are a credit based economy; everyone borrows money, individuals, businesses, the government, everyone does it. Credit is currently plunging meaning that businesses won’t expand and hire, individuals don’t use their credit cards or buy houses and cars therefore business don’t sell as much and must lay off people, and the government gets less revenue to spend thus those in government jobs or government contracts get their benefits and pay cut or they get terminated. All of this effects prices and causes deflation. Read Mish “Inflation Expectation Noise” at http://globaleconomicanalysis.blogspot.com/2010/10/inflation-expectation-noise.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29&utm_content=Google+Feedfetcher.
Unemployment claims: claims are down about 11,000 from a 4 week moving average but because of their volatility it is better to look at moving averages. The 4 week average is still close to the peak compared to the last two recession telling us that there is a persistent weakness. There has been no improvement for the last 10 months excepts for the fake numbers that the Obama administration is putting out. No one hiring because there is no consistency in the Obama government; no one knows what he will do next and therefore no one is willing to risk what capital they have. Over the next 12 months watch for local, state, and federal employee layoffs or at least cut back in benefits. They have been out pacing the private sector but this will soon come to an end. Retail sales have been improving at a very low rate. Holidays sales this year could turn out to be a disaster for retailing. Thanksgiving is late this year cutting the holiday shopping season short. Christmas day is on Saturday and this is never good. All this is bad news for employment figures. Read for a complete discussion: http://globaleconomicanalysis.blogspot.com/2010/10/weekly-claims-drop-to-445000-4-week.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29&utm_content=Google+Feedfetcher
Housing numbers: nothing but bad news here; the projected foreclosure rate is expected to be 20% for the coming year. What more do you need to know.
Unemployment rate: recent Gallup survey shows that unemployment jumped from 9.4 to 10.1% in September. Couple this with the underemployment rate of 18.8% and you have people who are in real financial difficulties. Gallop concludes the following: Regardless, the sharp increase in the unemployment rate during late September does not bode well for the economy during the fourth quarter, or for holiday sales. In this regard, it is essential that the Federal Reserve and other policymakers not be misled by Friday's jobs numbers. The jobs picture could be deteriorating more rapidly than the government's job release suggests. http://www.gallup.com/poll/143426/Gallup-Finds-Unemployment-September.aspx
Again, what more do we need to know before we realize that we are in big trouble. Who do we blame for this? Rush Limbaugh says it is our “Jackass” president, B.H. Obama; that he is an economic illiterate, or that he is doing this intentionally because he is a Marxist anti-capitalist. I don’t know about all of this; but I can be certain in saying he is doing nothing to help the situation. How long can you expect the bad to hang around; the optimists are saying 5 years, the pessimists say it could be 10 years or longer; that gives you an average of 7.5 years or longer. Can you survive that long?
Have A Great Day
Skandalon
Follow My Blog at http://skandalonlibertas.blogspot.com/
Wednesday, October 6, 2010
The Koran Teaches What?
What I want to tell the judge is simple and to the point. Shahzad knows the Koran backwards and forwards; he know what it says and he knows what it means and his intent was to live by what it says, “kill the infidel.” Does the judge really think that Shahzad will gain new insights in how to get along with his fellow man by continuing his studies in the Koran? Does she feel that deep down inside of Shahzad there is the heart of a good man and if he will reflect on the Koran that one day he will see the light? I don’t know the judge; but I can tell you this, she doesn’t think for one minute that Shahzad will ever be a changed man; she thinks, and he will continue to be, a simple minded brainwashed jihadist terrorist the rest of his life. Any reasonable person can only come to that conclusion. So, why did the judge say what she said?
There can only be three possibilities; she is not a reasonable person and doesn’t see Shahzad for what he really is, or she is being politically correct hoping not to offend Muslims by putting this creep away, or she is totally clueless about what the Koran and Islam is all about. You can decide for yourself; but personally I think she is a lot of all three. If you don’t agree with me that she was confused by all three possibilities, then there is only one conclusion you can come to; she is totally clueless concerning Muslims and the Koran. She has no idea that the Koran explicitly teaches that Islam is to dominate by any means possible even if it means to KILL THE INFIDEL; which is exactly what Shahzad intended to do.
Judge listen to me now, Shahzad needs to get in touch with the true God of the universe, he needs to seek forgiveness of his sins, he needs to recognize his need for a savior that can bring about salvation and not one that promises 72 virgins for an eternal life of sex. Shahzad needs to come to grips with who he really is before it is too late; otherwise he will come before the ultimate justice system and be condemned to an eternity of hell; a hell much worse than the hell he intended for his victims.
Have A Great Day
Skandalon
Tuesday, September 21, 2010
The Moderate RINO
1. Colon Powell is a nobody that became somebody because he was the recipient of affirmative action. If he had been of any other color he would have gotten nowhere. He only hits the radar screen by his own choosing; no one is all that interested in watching him stick his foot in his mouth.
2. Conservatives everywhere should be rejoicing over his latest gaff; it only goes to prove he is a "Moderate RINO" meaning that he is a full flush liberal and is of no interest to anyone in conservative circles. Anytime the "lame stream" media is interested in a conservative the individual is neither conservative nor worthy of interest; so goes CP.
3. He is of no interest to the GOP unless you are a RINO. Only RINOs feel the need to snuggle up to the likes of CP. They are the Republicans that are still adhering to the "Big Tent" ideology that everyone should have a voice and is worthy to be listened to. There is no place for CP or anyone like him in the GOP if the GOP intends to regain status as a legitimate alternative to the liberal left. If M. Steele was truly concerned about conservatism coming back into power he would publically denounce CP and ask for his GOP id card returned.
4. CP publically backed Obama for president telling us that he either a liberal and thus a hypocrite; or he is a true racist and voted for Obama because he is black; or is Obama white, or, just what is Obama; I guess it depends on where he is and who he is speaking to. I know what you are thinking, this is a racist comment. Consider this; if I (being white) was a liberal and I voted for McCain because he is white I would be called a racist, right? Pardon me for not allowing you lefties the opportunity to have a double standard on this point.
5. Last but not least being clean cut and articulate does not make you a conservative, a Republican, or even a nice person. I don't know CP so I cannot honestly assess his personal character as to whether or not he is a nice person or a bad person (depending on how you define the terms). But I can say that he is a liberal and thus a RINO hypocrite. I can also say he is a racist and he proves that racism is alive and well among liberals and blacks; and that racism is not an exclusive fault among white conservative males.
How should conservatives respond to CP; ignore him, he is a nobody trying to find a new place in the sun. Good bye CP, please go back to your estate and watch over the work being done by your illegal’s. Just one more thought; I wonder, is CP paying SS taxes for the illegal’s he is hiring? Where is a good ICE officer when you need one?
Friday, June 18, 2010
Three Cheers for Barton

Joe Barton found it necessary to apologize to BP because of the presidential shakedown for $20 billion. Now the GOP is out there trying to get Barton to apologize for his apology.
Go figure that one; Obama walks on the edge or maybe even the wrong side of the law and constitution, Barton calls him out on it and the GOP demands that Barton apologize for his statements.
This is further proof that the GOP has lost its way and as a result I can no longer support it. I am happily sending Barton money to help in his campaign. I may even support other republicans who are running for office; but I will be very selective and will never again send monies to the national committee.
The GOP has become part of the politically correct elite class and has lost its right to solicit funds from conservatives.I am looking for Tea Party members and those of the Conservative Party who will say and do the right thing; they deserve our support. Those Republicans who are going after Barton need to be taught a lesson; the lesson of “we can’t support you if you don’t hold fast to what is right.”
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Monday, June 14, 2010
Just The Articles Please
Hugh Hefner was a genius, or maybe just a great con-man, at raising pornography to the level of acceptability to the main stream of the culture. Where you use to find National Geographic on the coffee table, Hefner was able to convince everyone Playboy was suppose to replaced it. Women were buying it as a birthday presents for their husbands and saw it as a way to build their sexual relationship with their husbands and not as a slut-sheet that demeaned women. I am not sure who got liberated with that move.
Whether or not you found Playboy to be a magazine filled with great articles or not, is not the question that needs to be dealt with. The real issue here is why someone like Hefner, with an obvious talent to get a message to the masses, would choose to use his talents to appeal to the purulent interest of humankind instead of furthering causes that would bring benefit to the human race. Please don't post that you think Playboy has benefited man. Lets just assume that Playboy is just a trash rag and nothing more; just for the sake of argument.
Instead of dwelling on the negative with a litany of all the dirt bags who have become rich and famous by appealing to the baser elements of man I would like to close with a top ten list of things that need to be accomplished that would benefit all men everywhere for all time.
10. Put government on the side of the people;not a government that is responsive to special interest groups with big pockets. I put this at number 10 because I don't see much hope in government or politicians; otherwise this isn't going to happen,ever. Smart people don't put their trust in government. Politicians are only responsive to what we demand, they will never do the right thing if left on their own.
9. Make politicians responsible for their decisions; both criminally and civilly. No way should a politician be able to get away with activity that would put the average Joe behind bars.
8. Someone needs to start a movement to convince the masses that personal responsibility pays bigger dividends than government welfare. When has government ever preformed on its promises?
7. Where is the magazine "Popular Civility?" Who is the Hugh Hefner that can make civility popular again? Our culture is not only rude, it is crude.
6. We have become a society of fear; we are afraid of what we eat, what we drink, where we live, our neighbors,our cars, our kids, our environment, and almost anything else you can name. What happened to virtues like bravery? Where is the person who can inspire the public to regain their confidence to live without fear?
5. What happen to virtues like pride and personal responsibility? When did we loose the shame of taking a handout? Who is that can make eating beans more respectable than standing in a welfare line?
4. When will someone put meaning back into words. Our language is now filled with euphemisms to take the sting out of reality. A bum/hobo is now a homeless person. There was a time when a bum was honest enough to admit what he is, a bum. Today a homeless person is a product of society and has the right to defecate on the street with impunity. Words have meaning for a reason; so that we can understand who we are.
3. Years ago in a movie "Dirty Harry" said a most profound thing; "a man has to know his limitations." Mankind needs to come to grips with his limitations; we do not have the wisdom to make everything right. There will always be pain, suffering and most of it will be caused by man against man hate, greed, and envy. Where is the person that can teach us what we really are, teach us what our real limitation are; depraved and without conscience.With that truth in mind we might decide to change who we are.
2.Who can teach us about priorities and how to live by them? We are a society that demands government healthcare because it is too expensive; but we don't have second thoughts about spending $130 a month on a cell phone, $60 a month for internet connection and over $100 for cable TV service. I use think this was because we have become an entitlement society, and we are but; I really believe we need to learn how to prioritize our lives first.
1. What happen to truth? The reality that 2 + 2 = 4. Not only do we not accept the reality that there is truth, we have no truth in and of ourselves. When was the last time you felt comfortable in trusting someone to tell you the truth? When is the last time you listen to the news and believed what the commentator said? Politicians? Lets don't even go there, they have been lying for centuries. It has gotten so bad most of us shouldn't be trusting ourselves. The truth is that most people will lie when telling the truth is easier.
That's my list and I am sticking to it. We are a culture that is in trouble and we need people who will stand in the gap and promote goodness and mercy; and at the same time refuse to capitulate or tolerate anything less. We have given us our resolve to demand what is right and to refuse to accept what is wrong. We need a Hugh Hefner who knows the difference between right and wrong, truth and lies; and is willing to use his/her talents to promote it.