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The News

Nancy Reagan the Epitome of Stand by Your Man



Ron and Nancy ReaganRest in Peace GREAT LADY!

Ronald Reagan pulled California out of its hole and then moved on to pull America out of her hole.

I voted enthusiastically for him 4 times. He was the first POLITICIAN in my life time that said what he intended to do and then actually followed through with what he said.

Staunchly by his side all of the way was this lovely, strong, opinionated woman who INDEED CLEARLY LOVED AND SUPPORTED HER MAN.

Ronald and Nancy Reagan had been married for 52 years when he died in 2004. They wed almost 30 years before he became president, and had two children together, Patti and Ron.

Their marriage is one of the great love stories of American history.
Her death at 94 is indeed a loss.


Federal Reserve Diverts $600 Billion to European Banks?

Zero Hedge Fund blogger Tyler Durden speculated that the Federal Reserve spent the $600 billion, QE II, it created last fall to shore up Europe Bank assets. In other words QE II went to help Europe, Germany, Spain, Portugal, and Greece no the US banks. He bases his claim on the build up of the Federal Reserves monetary base shown and the simultaneous increase in European bank reserves.

Monetary Base, note QE II begins fall of 2010

Durden notes the growth of the monetary base here and the growth of bank reserves over in Europe there is a almost one to one correlation.

Foreign bank reserves increased $600 billion since the fall of 2010

Foreign bank reserves compared to Federal Reserve monetary base from fall of 2010 to June 2011

If this is true, and there are several economist like Gary North that are convinced it is, it is the end of Bernanke. There is no one in Washington that will be able to save Bernanke when this scandal becomes public.

Second this explains why the Euro has remained relativity stable over the last few month compared to the dollar and other currencies. If true European exporters will be just as furious as Americans over this action that will have cost them billions in sales.

Third now we know why Germany has had a change of heart as far as its position to bail out the Greeks. A few billion here and there will do that.

Fourth since none of this money made it to US banks none was lent out to help the economy. Not that the US banks would have lent the money out with the specter of inflation looming in the distance and zero confidence in the economy, banks would simply take the cash and purchase more short term T-Bills, but it kind of defeats the whole Keynesian “liquidity” argument for QE II when you are shoveling the cash to Europe.

Fifth, and most important, since there is no excess “liquidity” for US banks to purchase more Washington spending and other nonsense we are almost assured of QE III. Economist and Euro Pacific President Peter Schiff thinks the Fed will hide the QE III program in purchases of longer, three to five year, treasury notes. There will officially be no QE III and the Fed will hide these purchases just as stealth like as they did QE II.

And I thought Bernanke was a dull guy.

Scott Brown wins and the writing is on the wall.

Scott_BrownWith the Scott Brown win in MA the writing is clearly on the wall saying the middle ground is pissed to the max.
Will team Obama, Reid and Pelosi be able to read and understand it?

Doubtful!

Others not quite ready to be led to the impending Democratic slaughter perhaps will take a second look.
A first look and discussion of the secret health care bill would help.
A little transparency perhaps?

I hope this MA upset will send a majority of these health care and cap’ntax supporters leaping overboard like rats abandoning a sinking ship. The question really is … how stupid are they really to continue the support?

Can anyone in Washington still question the intent of the mass and their dissatisfaction with the continued destruction of our economy?

I watched the Brown victory speech.
What I noted was the sincerity he projected.
Quite a stark contrast to what everyone called eloquence from the Obama inaugural address.

Personally I do not think Obama possesses a sincere bone in his body … other than when patting himself on the back for things he fantasizes he has done.

Congressman Grayson Limits Town Hall to 120

Union Card Check

Oh yes democrats at work. Democracy in action. Congressman Alan Grayson of Orlando held a heath care town hall meeting August 17th at the local Electricians Union Hall 606. The capacity, I kid you not, was 120. There were easily 700 protesters outside who could not get in. And to make matters worse Grayson and his fascist thugs were doing a drivers license check to see if the people were “in his district”. Well we have a problem Mr. Grayson my congresswoman Suzanne Kosmas will not be having a town hall meeting so I guess I am out of luck unless I want a telephone conference.

Union Protest 1

Of course the majority were union members and their families. For the life of me I cannot understand how any union guy would want to exchange private health insurance for crappy government care. I have worked with these guys many years and i n Orlando being a union anything is a tough gig. Many contractors will not hire them and they know it. When they do get a job they have done some quality work. At Orlando City Hall years ago I was the inspector and was very pleased with the welding they did on the key structural elements of the project. Good not great but well done where it really counts. Inspectors always respect the trades when they pull through when it’s an important structural element of the structure.

Union Thugs

Anyway Alan used these guys as his front guys along with his three kids to keep the ruckus down. What a goof ball this guy is. What a shame all that intellect had to be wasted in some canned environment. Alan your better than that. Get a high school gymnasium and let it fly dude.

So here we are seeing democracy crushed before our very eyes. Soon all town hall meeting will be stages political infomercials for the members of the party. I will get arrested for my subversive views along with millions of other Americans. And the dictatorship will move on.

As Dick Morris points out now is the time to unload on these guys. Even when they lose in 2010 if Obama’s legislation is passed it will be too late. Once the government gets cap and trade, health care and card check they can unleash inflation that will make the next dictator a forgone conclusion. Obama is the set up guy in my opinion. He’s too weak and stupid to be dictator material. A long vacation in Hawaii would suit him fine. Obama at best will be a spokesperson for the fascist in the Democratic Party. With 9 seats going to California in 2012 the republicans can kiss congress goodbye. No the end of the road is in sight. We revolt now or take our chances 20 years from now after the fascist have been defeated and destroyed both internally and externally.
Originally Posted HERE

Watching MSNBC is torture

I love Ann Coulter.

Her latest rant is directed at those who consider waterboarding a war crime.

It is my firm belief that every one of these waterboard protesters would in a hot new york minute waterboard anyone who had information that would save THEIR loved one. If they say they would not?
You can count on one thing THEY LIE!

Its pretty easy to be an idéologue when someone elses ass is on the line and yours or those you care about is not.

Is Henican a hypocrite?

HERE is the Coulter article.