Americans WAKEUP!!!

Read: “First, They Came For The Cypriots...”

“Rule Of Law: Markets tumbled after Cyprus and the EU said they might tax private bank accounts to pay for a bailout. Arbitrary property grabs are a new low and a bad precedent in this crisis. Worse still, it can happen here.”

Read Full Article At Investor's Business Daily: Read more at IBD

“Already Congressional Democrats are plotting the expropriation of Americans' private 401(k) and IRA retirement savings accounts in favor of "a guaranteed income."  [View the details of a 2010 Congressional testimony] If bank accounts can be casually expropriated in Cyprus to pay for big-spending governments and bailouts, there is no reason a nice slice of the $19 trillion in retirement accounts can't get the same treatment.”

Think not?  Think again!  Read: Obama Begins Push for New National Retirement System

Please realize that this is 100% about funding $1.5 TRILLION annual deficits using Americans’ retirement funds, as there is simply no other remaining pool of wealth able to soak up $1.5 Trillion in T-bills annually.

Then they came for the Americans!

Are You Pro or Con on “Term Limits” For Elected Government Representatives?

I encourage you to read:  SOWELL: A REAL TERM LIMIT

Here’s my opinion.

Concern over "loss of experience" is a non sequitur

Those against imposing term limits claim such a policy would result in a "loss of experience" provided by career politicians. Professor, economist, social theorist, political philosopher, and author Thomas Sowell says, "...Much - if not most - of that experience and expertise [by career politicians] is in the arts of evasion, effrontery, deceit and chicanery. None of that serves the interests of the people." I agree.

He further says, "If we want terms limits to achieve their goals, we have to make the limit one term, with a long interval prescribed before the same person can hold any other government office again." Failure to do so would only result in the career politicians spending more of their term campaigning for some other government office versus campaigning for re-election or supporting "special interest" legislation while in office with a view to obtaining a job within that "special interest" group as a reward for past performance.

Regrettably, there are far too many politicians in office today who entered public service to do good but stayed to do well. It is our nation and our citizens who suffer the consequences.

Think about it and post your opinion in “Comments:

Middle-Class [Obama] Backers Shocked Obama Raised Their Taxes

Dyed-blue-in-the-wool supporters of President Obama are blue as can be after opening their paychecks and discovering that "ordinary folks," as the president likes to call them, got slapped with a sizeable tax hike on New Year's Day.

"What happened?" was the exclamation found repeatedly by the Washington Times' Joseph Curl as he surveyed commentaries posted on liberal websites.

"What happened that my Social Security withholding in my paycheck just went up?" a DemocraticUnderground.com post asked. "I guarantee this decrease is gonna hurt me more than the increase in income taxes will hurt those making over 400 grand. What happened?"

Read more at IBD . . .

Surprised??  Watch what’s coming!

Five Big Challenges In 2013 That Dwarf The Fiscal Cliff

Discussion of the so-called fiscal cliff has sucked so much air out of the room that many people don't realize it's not the biggest thing we face as a nation. Indeed, many challenges loom. Will we be up to them?

Read More At IBD: Click here

Will Obama and our elected representatives be up to it?       Don’t bet on it!

As a nation, not only are we over the “fiscal cliff” and “national debt cliff”, we’re over the “moral cliff” too.  If the recent elections proved anything, it is that the candidates and our voting citizens are collectively driven by one guiding light . . . What’s in it for them.  The idea of doing what’s best for the nation as a whole is long gone.  The unions and their membership vote for those who will advance the union objectives of more money and guaranteed jobs for “theirs”.  Our elected representatives vote for more votes, more money, more perks and more job security for themselves.  Our voting citizens’ vote for those candidates they believe will get them more entitlements, lower taxes and more favorable legislation on any subject they perceive as in their self-interest.  Those who did not vote disavow their moral obligation to elect representatives who will do what’s best for this country, not just for the near future but over the long haul and regardless of what “the opposition” does and says about it.

It’s about collective survival as a nation folks, not about just you or just about me!  We are all in the same boat together and we will all float or sink together in the end.  If we delay appropriate course corrections much longer, the rush for the “lifeboats” will get ugly at a very personal level.

Congratulations America! You’ve just given him the flexibility.

President Obama: “On all these issues, but particularly missile defense, this, this can be solved but it’s important for him to give me space.”

President Medvedev: “Yeah, I understand. I understand your message about space. Space for you…”

President Obama: “This is my last election. After my election I have more flexibility.”

President Medvedev: “I understand. I will transmit this information to Vladimir.”

        Congratulations America!  You’ve just given him the flexibility.

        What happens in the next four years will be your responsibility.

“A democracy cannot exist as a permanent form of government.  It can only exist until the voters discover that they can vote themselves money from the Public Treasury.  From that moment on, the majority always votes for the candidate promising the most benefits from the Public Treasury with the result that a democracy always collapses over loose fiscal policy always followed by dictatorship.”

Alexander Fraser Tyler, “The Decline and Fall of the Athenian Republic”

Read "A Nations Of Fools & Future Slaves".

Obama's 4 Years Of Deficient Leadership: 47 Mistakes

I expect that most of you have already cast your vote in this presidential election.  Hopefully you voted for Romney as I did.  For those of you who have yet to vote because you still haven't decided how you will vote, the following article, published in the IBD's Issues & Insights section, hopefully will help you reach a conclusion.  I urge you to both read it, even if you have already voted, and forward it to others with your encouragement that they read it as well.

Please read this article.

America cannot withstand another four years of Obama's inept leadership!

Prosperity Economics: Building an Economy for All

A political flyer landed on my doorstep the other day that identified an Orange County Democratic candidate for Congress as a supporter of a plan to DO AWAY with tax deductions for existing 401(K)s and a plan to FORCE WORKERS & EMPLOYERS to contribute to a new government run 401(K) IN ADDITION TO Social Security.The flyer cited a source (*) so I decided to check it out.  Here’s what I found.

Prosperity Economics:

Building an Economy for All

By:

Jacob S. Hacker and Nate Loewentheil

·         Quick Overview

·         Executive Summary

·         Full Report

“Prosperity Economics” by Jacob S. Hacker and Nate Loewentheil, is endorsed by Campaign for America’s Future, AFL-CIO, Center for Community Change, Economic Policy Institute, Leadership Conference on Civil and Human Rights, National Council of La Raza, SEIU and more.

Now … I don’t know about you, but whenever I see AFL-CIO, SEIU and NCLR backing something, red flags start going up for me.  In my humble opinion, when union leadership backs or endorses something, it’s not because of benevolent and magnanimous motivations.  To the contrary, it’s invariably because they see it as contributing to an increase in union membership [and member dues] and an improvement in the income and power of union leadership at the expense of non-members.

While the Hacker and Loewentheil report seems at first blush to be a logical and well thought out plan for resolving the nation’s economic woes, you’ve got to ask yourself how it is that it has only now, at this eleventh hour in the election process, been released.

As for the congressional candidate who backs yet another expansion of already “too big” government and another confiscatory grab at individual income under the guise of “social fairness for all”, I say take your socialist proclivities and stick ‘em where the sun doesn’t shine.  We already have enough problems stemming from like thinking incompetents such as our current president.

So much for my thoughts!  How about yours?  I rarely receive commentary and feedback on my blog postings so for all I know they are not even being read or just aren’t that thought provoking.  In this case, I am particularly interested in hearing your opinions of the Hacker and Loewentheil report.  Let me hear from you.