Obamaville, February 16 - Everyone buys the lies!

.

When is a fix a fix and what kind of a fix?

I think you know something is broken when everybody buys the lies.  That seems to be happening in our nation's capitol a lot lately.

Automated Phone Answering Systems

Have you tried calling your government lately?  Computers have taken over the phone system for the government and about everyone else who needs someone to answer phones.  It is certainly a great way to avoid dealing with a frustrated public.

Yesterday I spent 22 minutes talking to government computers trying to get the answer to a simple question.  After failing to answer three requests for different ID numbers which I never heard of before, I never even got to talk to a real person.

The voice was one of those nondescript female voices from a Stepford wife, straight monotone and clearly machine made or maid.  At first I thought of her as Vanna White on Valium but by the time she asked for voice responses to a question for the seventh time and I futilely answered for seventh time her name morphed to Bitch in my head.

Seems I was making a fatal mistake in my mission, I sounded too much like a hayseed from Iowa for my English to be understood.  Quite odd since hayseeds from Iowa were always the top news broadcasters on television because people speaking all the different forms of English in America could understand the hayseeds.

Now I have often reached real people operators, especially at computer companies, who are from foreign countries and you cannot understand a word they say.  But for an American government agency to have an automated computer that doesn't understand hayseed English is a setback for American technology.

I finally hung up on the computer when she asked if I wanted to start over.

Our federal government is supposed to have over 2 million employees.  Why can't they answer the phones?  I say every automated system should reduce the government payroll and somehow compensate people for the nonsense we have to go through to reach our elected and appointed representatives.

What President raised the National Debt the most?

Since both political parties blame the other for the National Debt and the politicians try to confuse us by double talking about both the Federal Budget Deficit and the National Debt, as if they were one and the same, where does the truth lie?  Well, as a matter of English usage truth can never lie as the question implied.

That is the same problem with political parties and politicians.  In Washington they teach you to tell lies so often it becomes the truth, at least your truth, and hopefully the truth for the unsuspecting public.  Are we really that dumb?

For the record, if you took all the national debt in our history for the 39 presidents who preceded Ronald Reagan, all 39, and added them together, it would not equal the total national debt raised by any one president since Ronald Reagan's time.

Bet you never heard that from the Democrats or Republicans.  But the truth is this.  When Reagan got elected and took office in 1981 the National Debt was about $712 billion.  So what happened during the presidential terms since then?  Here are the facts.

Reagan served 8 years and the National Debt rose from $712 billion to $2.1 trillion, an increase of about $1.4 trillion.

Bush 1 served 4 years and increased the National Debt from $2.1 to $4.2 trillion, an increase of about $2.1 trillion.

Clinton served 8 years and increased the National Debt from $4.2 to $5.7 trillion, an increase of $1.5 trillion.

Bush 2 served 8 years and increased the National Debt from $5.7 to $10.6 trillion, an increase of about $4.9 trillion.

Obama served 4 years and increased the National Debt from $10.6 trillion to $16.2 trillion, an increase of about $5.6 trillion.

Was that so hard to understand?  All of our last five presidents are in the exclusive Trillion Dollar League secret society.  Facts being what they are, Obama did increase the National Debt more in four years than the previous record by Bush 2, except Bush 2 took eight years.

Searching for debt ceiling

Did we fix the housing crisis like Obama said?

This week the president announced a $26 billion settlement with banks and mortgage lenders over foreclosed housing in which these big, bad companies must cough up the big bucks.  So far they must pay $21.5 billion to foreclosed people and it is not clear where the other $4.5 billion goes.

Of course a couple of years ago the government announced two programs to help those being foreclosed promising they would end the problem by serving 4 million families.  So far about 900,000 were helped but by no means saved.

In other words government housing programs generally fail based on past experience.

There are a few things I don't understand about the latest effort to wave the magic wand and solve our problems.

There are 4 million foreclosed homes and another 11 million homes delinquent and in foreclosure.  These homes represent over $700 billion in negative equity, meaning value lost.  How does $26 billion from the bad boys cover the $700 billion in lost equity in the homes facing foreclosure, say nothing of the trillions and trillions of dollars in lost equity by those Ame4ricas who did pay for their homes?

Is this just another example of Obamanomics?

Should we really be paying their salaries?

President Obama is in just the early part of his 4th year and has already held around 200 campaign fundraisers raising tens of millions of dollars.  For a mere $38,500 a ticket you can go and rub shoulders with the pres.

During the same time Congress, including both the House and the Senate, has been passing about 1-3 important bills a year while failing to adopt a single budget in four years.

The President, Democrat controlled Senate and Republican controlled House have all failed to address our most critical needs like deficit spending, increasing National Debt, broken health care and dormant housing.

Nor have they addressed the future needs of our nation like Social Security shortfalls, Medicare waste and runaway entitlement costs.

So why don't we pass a People's Constitutional Amendment saying all politicians and their staff must serve the needs of our people and nation or simply not get paid?

.

Obamaville - January 30 - Florida Primary Eve

.

Any Surprises Tomorrow?

In a word, no. Romney, as expected before the media driven Gingrich surge, has equaled his surge in the polls with a retreat about as dramatic. In the process he has left a lot of people perplexed.

The volatile Republican candidate who wants to take on our Democratic President, in which there would have been a clash of wills over who is the most intelligent, most knowing and most scholarly, has fallen by the wayside in spite of media efforts to prop up his flailing campaign.

The problem is Newt can never live up to his exaggerated opinion of himself. The second problem is he might be a senior member of the establishment, but it was an establishment that lost control long ago.

While the media wants him to remain in the race to rip Mitt Romney apart and leave Romney vulnerable to the expected billion dollar attack by the president this fall, I believe the media, Obama and his Chicago gang are way out of touch with the public.

Newt's petulant and insolent attacks on Romney just make Newt look smaller and smaller in the eyes of the public. He shows no signs of being interested in what the public wants, only satisfying his raging animosity toward a candidate who is simply walloping the schoolyard bully.

Revenge, anger, and jealously are hardly becoming a GOP candidate for president and the more he sho9ws his true colors the faster his fall from grace in the eyes of the public.

As for Romney, he is getting a Harvard education in the primary because as soon as he wins the nomination, the Harvard president will try the same tactics only then Romney will have the experience and class to keep the election focused on the economy.

Barack Obama, through his mouthpieces in the media and campaign, is doing everything possible to encourage Gingrich because the biggest obstacle to his re-election is not Romney, it is the truth. This president has failed to address high unemployment, his $1.3 trillion a year deficit, and his ballooning nearly $16 trillion national debt.

As a result, there is no growth in the economy and no way health care costs can be controlled, Social Security can be saved, and Medicare can be protected. We are in a whale of trouble is the president is not held responsible for what he didn't do, and what he shows no signs of wanting to address in the immediate future.

ObamaCare does nothing to reduce health care or health insurance costs, and most certainly will not make Americans healthier. Just tell us the truth, that the problem is greater than they thought and is not being addressed.

The same with the unemployment, deficit and debt. We are not over the recession, but we could be, if the White House would admit they failed with social engineering to solve our problems and now must listen to the people who want less government, less regulation and most certainly a lot less hot air from our nation's capitol.

There is nothing wrong with admitting we still have a problem. Honesty is always better than cover ups, misinformation and distortion. We have had three years of intellectual thought. We need solutions, not theories. We need a will to take on the problems, not ignore them. We need foresight to tackle issues like Social Security and Medicare reform, not act as if they will take care of themselves.

Right now Romney is the only candidate relentlessly pursuing an agenda of the concerns of the people. Yes, he must deviate for a short time to secure the primary nomination and if that means to defeat Gingrich then so be it. But rest assured he will focus on the issues, the national issues, and that is the president's Achilles heel.

Now as I mentioned before, at this time the last campaign Obama and Hillary were in a brutal battle over the attempts (according to Obama) by Bill Clinton to use the race issue to defeat Obama. Now that sounds a lot meaner than today when Romney's tax returns showing $3 million in taxes paid and $3 million in charitable contributions seems to be the big concern?

Need I remind us all that maybe we need a president that can't be bought. Maybe we need a president who spends his time on the people's business instead of campaign fundraising. Maybe we need hope and change. Maybe we can get it this time.

clinton obama dance yard party election president us 2008 humor humour hilarious animation animated gif" title="political politicians hillary bill clinton obama dance yard party election president us 2008 humor humour hilarious animation animated gif" />

.

Obamaville January 25 - The State of the Union

.

 No Debt or Deficit?

President Obama finally took the spotlight from the Republican debates with his third State of the Union address to the nation last night.  Once again he proved that he is a master of the teleprompter and his Harvard delivery is intact.

Our often time ethereal president softened his political attacks for the moment and changed his rhetoric about the decline and fall of our empire.  Seems his aides have finally figured out Jimmy Carter negativism does not help one get re-elected.

On the other hand, the vision he outlined for America was not real clear.  One thing about politics and politicians, there is a fine line between working up a head of steam and being lost in a fog.  On the surface they look almost the same but in truth they are opposites.  It is often hard to determine which role Obama plays.

As I predicted, his economic plan was based on the Buffett principle, not proven economic strategies or techniques.  I was a little disappointed Obama had Warren Buffett's secretary in the President's box and not Warren Buffett himself but rumor has it he was busy playing his ukulele in China.

After three years in office and with little to say in terms of accomplishments on the issues of most concern to Americans, like protecting Social Security and Medicare, slashing the $15 trillion national debt, cutting the trillion dollar annual deficit, or reducing the high unemployment rate, one must embrace the ethereal to avoid the real.

There were no new or even old proposals to address any of these issues but he did offer an unusual assessment of how he had turned around all our economic problems in what must be some Harvard Business School secret code because I did not understand it.  Obama said:

"In the six months before I took office, we lost nearly four million jobs. And we lost another four million before our policies were in full effect.

Those are the facts. But so are these. In the last 22 months, businesses have created more than three million jobs."

Now I realize my handicap in being from the Midwest yet I still have not figured out how losing 8 million jobs as he said, then gaining 3 million jobs as he said, which leaves us 5 million short of where we started, is a sign we have recovered from our economic problems.

He also offered some curious proposal on how he would help the millions of people who are in housing foreclose because they could not afford what they bought because of fraud in the first place, or they lost their jobs.  Some unfortunate folks have lived in homes up to two years or more without making payments.

Rather than help them move to homes they can afford, he wants Uncle Sugar to pay billions of dollars to keep them in the homes they can't afford.  Well, that means those that have made their payments and met their obligations will have to fork over even more money to subsidize those living beyond their means.

I thought the people subsidizing those who lived beyond their means was a discussion of the difference between taxpayers and politicians like the president and congress.  So I guess since we have done such a good job of subsidizing the runaway national debt of our politicians we now must pay off the mortgages for those who can't afford the homes to begin with.  I think these are the types of proposals that cause polarization.

One thing did change in his speech.  He used to define the rich at first as those making $200,000 a year, then $250,000 a year, then $1 million a year, and now it is not clear if he says the enemy are millionaires or billionaires.  We only know it is not Warren Buffett's secretary.

The fuzzy math of the White House policy was apparent also in terms of defense spending and cuts.  In his speech he said:

"That's why, working with our military leaders, I have proposed a new defense strategy that ensures we maintain the finest military in the world, while saving nearly half a trillion dollars in our budget."

And he said:

"Take the money we're no longer spending at war, use half of it to pay down our debt, and use the rest to do some nation-building right here at home."

Now that sounds great but does it really mean what he said?  The failure of Congress to pass any kind of deficit reduction plan last November automatically triggered a forced budget reduction calling for cutting $1.2 trillion over the next ten years, 2013 through 2022.  Of that, about $492 billion must come from the defense department.

Wait, Obama said he and his generals worked out a half a trillion dollars in defense savings.  What he forgot to say was he had no choice.  The failure of congress and the president to pass a budget or address the deficit and debt automatically triggered the cuts, no matter what Obama and the generals had to say about it.

That is not all.  The Obama deficit is now running over $1.3 trillion a year.  Our total defense budget is about $1 trillion a year.  Does that mean we are cutting 50% of our defense budget to lower the deficit, as he seems to suggest in the speech, without sacrificing our defense capability?  That would be great but is not true.

The half a trillion in defense cuts he proudly exclaimed are over ten years, not one.  That means a cut of $50 billion a year in defense, not half a trillion.  But even that is based on a foundation of quicksand.  What it really means is the government will reduce future increases in defense spending by $50 billion a year so our actual defense budget will go up while we are cutting half a trillion dollars.

Remember, he also said half of the cuts will go to reduce the deficit.  That means $25 billion a year will go to deficit or budget reductions.  Our annual deficit is now $1.3 trillion.  It does not even make a small dent in the annual deficit.  More than that, we still have the national debt of $15 trillion.  Did he forget what got us into this mess in the first place?

If that is modern math Pythagoras would be turning over in his grave and declaring it is time for an end to the American Empire because we are so caught up in our falsehoods, misrepresentations and distortions we can no longer tell the difference between having a head of steam or being lost in the fog.

Rome burned while Nero fiddled.  Let's hope Obama doesn't take up the ukulele like Buffett and pluck away while America goes up in flames.

Will someone out there please help the people strengthen Social Security and Medicare, reduce the national debt, cut the annual budget deficit, get people back to work, and then get out of our lives thank you very much.

.

Obamaville October 14 - Ask Pelosi not Republicans for Budget Cuts!

.

Why do the liberal media and Democrats in the House and Senate keep complaining that Republicans will never give ideas on how to cut the budget? They make it sound as if there is some conspiracy of silence as a result.

If I were a Republican, which I am not, I would remind the liberal media and incumbents who are running scared that Nancy Pelosi, yes the Democratic Speaker of the House, is responsible for passing the federal budget, not the Republicans. I would also remind them that Nancy Pelosi has been in charge of the budget FOUR years running, not just two since Obama got elected.

They seem to forget the last two years of the Bush Administration it was Speaker Pelosi and a Democratic majority in the House in charge of the largest deficit increase in history before Obama took office and promptly shattered the record the last two years.

Okay, so the Democrats have been in charge all through the massive deficits of the last two Bush years and first two Obama years. What about the current budget for next year that was due last October 1, what cuts did the Democrats approve now that they control EVERYTHING in Washington?

My friends, the United States of America, under the leadership of Obama, Pelosi and Reid, has NO APPROVED BUDGET for the current fiscal year. No budget, no cuts, no guts to even pass a budget. Why doesn't the liberal media attack this truth? Why doesn't Obama demand itemized cuts from his fellow Democrats who are Constitutionally responsible for passing the budget and have ignored their duties?

Truth seems to be in awfully short supply in our nation's capitol. I trust at least the people know the truth.
.

Obama's Return to Health Care - A Case of Chicago Arrogance?

-




Tomorrow Obama has scheduled a bi-partisan meeting on health care. Unfortunately, he has already taken the Senate and House Democratic bills and combined them into what he calls a template for a final bill. We are talking about over 1000 pages consolidated into a template. That is rather absurd. But giving the president the benefit of the doubt, so he has a template.



However, he has already said, before the meeting took place, that if the Republicans don't do what he wants them to do he will force his bill through Congress using a reconciliation act. Now that seems to take away any interest in bi-partisanship, any intent to negotiate, and any concern for the public will which is obvious from the elections in New Jersey, Virginia and Massachusetts or the polls showing the vast majority of Americans do not want a wholesale overhaul of health care. The public just wants the problems fixed.



As for the reconciliation procedure to circumvent the Senate rules, it was established for the sole purpose of establishing a mechanism to deal with contentious budget issues, not general policy. To date it has only been used for budget issues. The Byrd rule within the reconciliation procedure says no bill may be considered that will increase the national debt at the end of ten years.



With all the confusion over the impact of health care reform, and the dependence on certain budget assumptions by the White House regarding unemployment and tax revenues over the next ten years, does anyone really think this White House can be wrong on every economic and budget projection to date and not be wrong on a ten year health care projection. Not to mention that the health care reform goes way beyond a budget bill and impacts on federal policy and programs in many none budgetary ways.



So, what does it all mean? First, in the interest of transparency which Obama hails as a first step toward getting this done, the President must reveal his deals with the unions contained in this bill. He must also reveal how the auto bailout has already given the unions a multi-billion dollar payoff for health benefits. Then he must reveal any secret deals made between the White House, Chief of Staff Rahm Emanuel in particular, to protect the union benefits far exceeding normal health care benefits and pharmaceutical corporations to protect them from foreign competition. Finally, he must reveal any deal with the Trial Lawyers that might prevent tort reform from being included in the package.



One last item. Our health care system is built around a maze of stock ownership positions as most health care providers are private corporations. Also in the interest of transparency the White House should disclose those investment houses they have discussed health care reform with and what promises might have been made to the Goldman Sachs, JP Morgans and banks regarding their investment in these health care special interests. Far more than the insurance companies stand to gain big bucks from the Obama plan and the involvement of Wall Street in the White House plan must also be disclosed.



There is no way the president will allow the truth about any of those questions to come out as they would undermine any bi-partisan efforts and result in outrage by the public, Republicans and moderate Democrats. Obama as much as said it already by threatening to shove the bill down our throats with the misapplication of the reconciliation procedure.



Now if the Republicans do not press for answers on these issues they are just as delinquent as the White House. The Republicans must have an alternative to the Obama plan, and they must demand answers in the interest of transparency on these issues.

It is clear Obama's Chicago gang has no concern for the public will and events starting tomorrow will demonstrate if the Democrats and Republicans chose to ignore the public as well. If our elected officials do not listen to the mood of the public, and pay attention to all those polls they claim they do not read, then we know they are serving special interests and not the public interest.

The Administration and Congress are at a crossroads. They have to decide whether their campaign funds are more important than the public good. They need to pass a health care bill that reduces the cost and improves the service without impacting on the national debt. Will they serve the public interest or the special interests. We may soon know.

-

Obama Proves He is Corporate Darling Despite Outgoing Opposition

-




His latest comments seem to prove once and for all that President Obama is really the friend of Wall Street and corporate executives even though the White House had to respond once again with denials and clarifications of his comments as the fury arose from the people.



Of course the corporate executives, who have seen profits and bonuses spiral out of control thanks to our ever so generous president and his bailouts, still do not trust the president and who could when he changes his policy whenever the polls and people raise hell. But they are laughing all the way to the bank.

His most recent comments, when he said he "doesn't begrudge" some of the multimillion dollar bonuses handed out to top Wall Street executives, tried to disguise his thoughts as defending the free market system in America but in truth he has simply aided the corporate takeover of the government.

For over two years we have written about his strange connection to Wall Street, and especially Goldman Sachs and JP Morgan. However, neither the White House nor Congress has ever attempted to explain the series of actions we identified between Obama and Goldman Sachs dating all the way back to his election to the US Senate in 2004.



For background copy and paste the following links in the Coltons Point Times.

Friday, January 15, 2010
Omaha Slaps Bank Tax on Public - To Be Paid by 2018 - Rakes in Millions from Banks in 2010
http://coltonspointtimes.blogspot.com/2010/01/omaha-slaps-bank-tax-on-public-to-be.html

Wednesday, January 13, 2010
Congress Calls Banks to Testify - Why? Maybe Congress Should Testify as Well!
http://coltonspointtimes.blogspot.com/2010/01/congress-calls-banks-to-testify-why.html

Monday, January 04, 2010
Obama - The Harvard President - Are We Better Off Today than a Year Ago?
http://coltonspointtimes.blogspot.com/2010/01/obama-harvard-president-are-we-better.html

Wednesday, December 09, 2009
Obama the Wizard of Washington - A Master Illusionist
http://coltonspointtimes.blogspot.com/2009/12/obama-wizard-of-washington-master.html

Tuesday, November 03, 2009
The President's Palace Guard - Nixon had Haldeman, Obama has Emanuel - the Elite Puppet Masters
http://coltonspointtimes.blogspot.com/2009/11/presidents-palace-guard-nixon-had.html

Thursday, October 15, 2009
A bet on Obama turns to Gold for Goldman
http://coltonspointtimes.blogspot.com/2009/10/bet-on-obama-turns-to-gold-for-goldman.html

Tuesday, October 13, 2009
Obama, Rothschild's "Chosen One" Closer to being President of New World Order
http://coltonspointtimes.blogspot.com/2009/10/obama-rothschilds-chosen-one-closer-to.html

Thursday, September 24, 2009
Obama Caught Between Two Masters - Goldman Sachs & SEIU - Part 1. Goldman Sachs
http://coltonspointtimes.blogspot.com/2009/09/obama-caught-between-two-masters_24.html

Thursday, September 24, 2009
Obama Caught Between Two Masters - Goldman Sachs & SEIU - Part 2. SEIU
http://coltonspointtimes.blogspot.com/2009/09/obama-caught-between-two-masters.html

Friday, September 11, 2009
One Year since Financial Meltdown - Still no Regulatory Reform, Transparency, Prosecutions or Control of Lobbyists and Special Interests
http://coltonspointtimes.blogspot.com/2009/09/one-year-since-financial-meltdown-still.html

Monday, August 31, 2009
Bush Bails Out Obama as Obama Takes Credit for Bush Bank Bailout
http://coltonspointtimes.blogspot.com/2009/09/one-year-since-financial-meltdown-still.html

Monday, August 31, 2009
Bush Bails Out Obama as Obama Takes Credit for Bush Bank Bailout
http://coltonspointtimes.blogspot.com/2009/08/bush-bails-out-obama-as-obama-takes.html

Tuesday, August 18, 2009
Summer Wrap Up - Obama and The Economy - What About the Forgotten Americans?
http://coltonspointtimes.blogspot.com/2009/08/summer-wrap-up-obama-and-economy-what.html

Tuesday, August 18, 2009
Summer Wrap Up - Obama and Congress - Who is Looking out for Us?
http://coltonspointtimes.blogspot.com/2009/08/summer-wrap-up-obama-and-congress-who.html

Thursday, August 13, 2009
Capitalism Rothschild Goldman Style - An Idea Whose Time is Done
http://coltonspointtimes.blogspot.com/2009/08/capitalism-rothschild-goldman-style.html

Wednesday, July 15, 2009
Political Promises Paid in Full - Obama Style
http://coltonspointtimes.blogspot.com/2009/07/political-promises-paid-in-full-obama.html

Friday, July 10, 2009
Obama Gore & Goldman - Alchemists - Turning Green into Greenbacks
http://coltonspointtimes.blogspot.com/2009/07/obama-gore-goldman-alchemists-turning.html

Monday, June 22, 2009
Goldman Sachs Gets Multi-Billion Dollar Payback for Backing Obama
http://coltonspointtimes.blogspot.com/2009/06/goldman-sachs-gets-multi-billion-dollar.html

Thursday, June 11, 2009
Obama Fiddles, Congress Procrastinates and Rome Burns while Goldman, Morgan & the Rothschilds Reap Profits
http://coltonspointtimes.blogspot.com/2009/06/obama-fiddles-congress-procrastinates.html

Friday, May 29, 2009
Make Way for the New GMC, the Government Motor Company
http://coltonspointtimes.blogspot.com/2009/05/make-way-for-new-gmc-government-motor.html

Thursday, May 28, 2009
Deflation - An Economist's Illusion or the Real Deal?
http://coltonspointtimes.blogspot.com/2009/05/deflation-economists-illusion-or-real.html

Thursday, April 23, 2009
Obama Report Card - 1st 100 days - Chaos or Calculated Choreography
http://coltonspointtimes.blogspot.com/2009/04/obama-report-card-1st-100-days-chaos-or.html

Wednesday, April 15, 2009
Can Goldman Silence the Media?
http://coltonspointtimes.blogspot.com/2009/04/can-goldman-silence-media.html

Friday, February 27, 2009
THE OBAMA - GOLDMAN SACHS SCORECARD!
http://coltonspointtimes.blogspot.com/2009/02/obama-goldman-sachs-scorecard.html

Friday, February 06, 2009
Big Money Now Owns America
http://coltonspointtimes.blogspot.com/2009/02/big-money-now-owns-america.html

Thursday, November 06, 2008
The Economic Meltdown - Where do we go from here?
http://coltonspointtimes.blogspot.com/2008/11/economic-meltdown-where-do-we-go-from.html

Friday, October 24, 2008
The worldwide financial meltdown. Are the players, analysts and media guilty as well?
http://coltonspointtimes.blogspot.com/2008/10/worldwide-financial-meltdown-are.html

Wednesday, October 22, 2008
Obama versus McCain or Goldman Sachs versus The Rothschilds
http://coltonspointtimes.blogspot.com/2008/10/obama-versus-mccain-or-goldman-sachs.html

Tuesday, October 14, 2008
The Big Bailout - Free Market Socialism or Government Regulated Capitalism?
http://coltonspointtimes.blogspot.com/2008/10/big-bailout-free-market-socialism-or.html

Thursday, October 09, 2008
Hey Wall Street - Enough is Enough! Or Did You Already Bet on Obama?
http://coltonspointtimes.blogspot.com/2008/10/hey-wall-street-enough-is-enough-or-did.html

Monday, September 29, 2008
Is Wall Street Arrogance To Blame for Failures in Congress?
http://coltonspointtimes.blogspot.com/2008/09/is-wall-street-arrogance-to-blame-for.html

Monday, September 22, 2008
What the Hell is Happening on Wall Street?
http://coltonspointtimes.blogspot.com/2008/09/what-hell-is-happening-on-wall-street.html

Friday, August 22, 2008
Who really Controls America? The US Government or Big Money?
http://coltonspointtimes.blogspot.com/2008/08/who-really-controls-america-us.html
A painting of prayers with the Rothschilds.

Friday, August 22, 2008
Oil Price Speculation - Who do you believe?
http://coltonspointtimes.blogspot.com/2008/08/oil-price-speculation-who-do-you.html

Wednesday, August 20, 2008
Goldman Sachs Again Tries to Prop Up Oil Prices
http://coltonspointtimes.blogspot.com/2008/08/goldman-sachs-again-tries-to-prop-up.html

Thursday, August 14, 2008
Why Not Warning Labels for Financial Experts?
http://coltonspointtimes.blogspot.com/2008/08/why-not-warning-labels-for-financial.html

Wednesday, July 30, 2008
What happens if the USA has a Financial Meltdown?
http://coltonspointtimes.blogspot.com/2008/07/what-happens-if-usa-has-financial.html

Tuesday, July 29, 2008
Oil Hits Seven Week Low - How Low Can It Go?
http://coltonspointtimes.blogspot.com/2008/07/oil-hits-seven-week-low-how-low-can-it.html

Tuesday, July 29, 2008
Who Will Fall Next? Banks and the Credit Crisis
http://coltonspointtimes.blogspot.com/2008/07/who-will-fall-next-banks-and-credit.html

Monday, June 02, 2008
U.S. TREASURY SECRETARY PAULSON FUELS OIL PRICE CONSPIRACY
http://coltonspointtimes.blogspot.com/2008/06/us-treasury-secretary-paulson-fuels-oil.html

Tuesday, May 27, 2008
THE HIJACKING OF AMERICA – THROW THEM OUT, THROW THEM ALL OUT!
http://coltonspointtimes.blogspot.com/2008/05/hijacking-of-america-throw-them-out.html

STOP THE OIL PRICE CRISIS – IMPEACH CONGRESS!
http://coltonspointtimes.blogspot.com/2008/05/stop-oil-price-crisis-impeach-congress.html

Monday, May 12, 2008
DEMONS AND THEIR BLACK GOLD - OIL
http://coltonspointtimes.blogspot.com/2008/05/demons-and-their-black-gold-oil.html

Tuesday, May 06, 2008
OIL ANALYSTS DRIVE OIL PRICE RECORDS HIGHER
http://coltonspointtimes.blogspot.com/2008/05/oil-analysts-drive-oil-price-records.html

Tuesday, April 22, 2008
POLITICIANS and the OIL CRISIS – The SILENCE is DEAFENING
http://coltonspointtimes.blogspot.com/2008/04/politicians-and-oil-crisis-silence-is.html

Wednesday, March 19, 2008
SLICKER THAN AN OIL SPILL
http://coltonspointtimes.blogspot.com/2008/03/slicker-than-oil-spill.html

Wednesday, March 19, 2008
J.P. Morgan Chase buyout of Bear Stearns – A Trillionaires Delight
http://coltonspointtimes.blogspot.com/2008/03/jp-morgan-chase-buyout-of-bear-stearns.html

Tuesday, March 11, 2008
IS OIL BAILING OUT THE SUB-PRIME MORTGAGE MESS?
http://coltonspointtimes.blogspot.com/2008/03/is-oil-bailing-out-sub-prime-mortgage.html

Wednesday, March 05, 2008
THE OIL PRICE CONSPIRACY - KINGS & PAWNS
http://coltonspointtimes.blogspot.com/2008/03/oil-price-conspiracy-kings-pawns.html

Wednesday, March 05, 2008
THE JOYS OF CAPITALISM – MORE PROFITING FROM CRIME
http://coltonspointtimes.blogspot.com/2008/03/joys-of-capitalism-more-profiting-from.html

Friday, February 29, 2008
THE JOYS OF CAPITALISM – PROFITING FROM CRIME
http://coltonspointtimes.blogspot.com/2008/02/joys-of-capitalism-profiting-from-crime.html

Wednesday, January 23, 2008
SAILING THROUGH THE MELTDOWN
http://coltonspointtimes.blogspot.com/2008/01/sailing-through-meltdown.html

Thursday, January 18, 2007
The Power of the Press - Oil Profiteering Ends – for the Moment
http://coltonspointtimes.blogspot.com/2007/01/power-of-press-oil-profiteering-ends.html

Monday, January 08, 2007
Oil Price Profiteering – Whose Doing What to Whom?
http://coltonspointtimes.blogspot.com/2007/01/oil-price-profiteering-whose-doing.html

Now he actually defends the billion dollar bonus packagers of Wall Street and even approved those for AIG where another $90 billion in federal bailout money was diverted to save the very companies giving out the bonuses. Is it possible the liberal left are so blind they do not see how their own Chosen One sold them out long ago?



The economic policy of the Obama administration is like a revolving door with no clear policy, no clear, bad guys, not even a clear idea on how to proceed. We continue, now over a year, to wait for Obama to take charge of the economy, unemployment, punishing Wall Street, cutting the deficit and stop adding to the national debt but actions are lost in the proliferation of words from Obama and his trusted apologists.



Let's face it, we have rookies in the White House. What experience they might have had was how to rip off the government, not help it. They were behind the housing crisis, the oil crisis, the swaps and derivative frauds, the hedge fund loop holes and even the loss of control by the SEC over the stock and commodity markets.

Maybe now that there is nothing left of the government in terms of fiscal solvency all these experts and advisors will go back to their Wall Street lairs and find someone else to go after. The only people being stimulated by our government are the fat cats on Wall Street and in the White House. The only people benefiting from increased money are Congressmen filling their campaign coffers with dirty money from the corporate and union raiders.

We need a leader and we get a preacher. We need a man of principle and we get a man who goes with the wind. We need a fighter and we get a teleprompter robot. When we do get what we voted for?

Today the News Dominated the People, Not the People Dominated the News

-



Today I watched in awe as the news dominated the world, not people dominated the news. In a way it was refreshing but it was also a stark reminder that mankind remains vulnerable to allowing their ego to become the center of the universe, especially in the world of politics, while missing much of what is important in the world.



For example, take today's stories that were not expected. After a month of the Obama administration claiming the economy and jobs situation had turned the corner toward recovery such soothsayers of good tidings were dealt a series of crushing reminders that we are not in control of our own destiny. It all started last week when Obama turned on the business sector and blasted companies for executive bonuses and taking advantage of the government.



Today came an unemployment report on job losses far worse than anticipated. Then came the next in a series of recalls from Toyota sending shocks waves through the domestic auto market and international money markets. Just last month Toyota became the number one auto seller in the world. No one is talking about it but most Toyotas sold in America are made in America so if the Japanese giant loses huge market share which is likely and probable, it will most certainly shut down the US operations first further accelerating the economic disaster for America.



The reaction to Obama's new budget this week finally surfaced, and it was a resounding dud with the record spending increases and ominous increase in our national debt. His budget says our budget deficit will reach a record $1.565 trillion this year, equal to 10.6% of the entire GDP, Gross Domestic Product, and the highest since World War II. Obama's long delayed concern for American jobs and our economy are doing little to reassure people the administration has a clue in managing the economy. The young president has stumbled through bank bailouts, insurance and auto bailouts, housing and mortgage bailouts, a non-stimulus and those incredible executive bonuses.



AIG, one of Obama's least discussed bailouts and actions, announced they were paying out another $100 million in bonuses to people who drove the company to the brink of bankruptcy, an action approved by the Obama management team. While Congress and the president twiddle their thumbs Wall Street, unions, auto companies and who knows who else pick apart the scraps left of America.



Finally came the action by Congress today to raise the national debt ceiling by $1.9 trillion to over $14 trillion, the highest in history, an emergency action to accommodate Obama's spending frenzy. It is the first time the national debt will equal the entire annual GDP of America and Obama says it will climb to $26 trillion over the next ten years.



As the world absorbed this rash of unexpected developments today the stock market wiped out all the gains over the past month dropping nearly 300 points and barely closing above 10,000 mark. Tomorrow the unemployment rate is likely to increase, not decrease as Obama projected, so the economic adjustments may be far from over.



Tomorrow begins the Tea Party national convention in Nashville, with Sarah Palin headlining the speakers this weekend, and I predict the horrible response of the media and both political parties to this independent movement will make it a far stronger force as it emerges from the convention. Right now it is a loose coalition but it could easily become a national force and stands as the greatest threat to back room politics and old time politicians, including our Ivy League president, in our nation's history.



For a year the media ignored the people's populist revolt and ever since the victories over the establishment in Virginia, New Jersey and Massachusetts the past few weeks the political parties, Democrats and Republicans, and President Obama have tried to claim ownership of this independent movement. How stupid? The Tea Party movement is the only thing keeping our nation from being controlled by crooks and con artists disguised as politicians and media.

Today an earthquake of 6.0 magnitude hit a few miles off the coast of Northern California following another a couple of weeks ago of 6.5 magnitude. So far they have not reached the California fault lines but they are powerful enough that it could be an indication of imminent danger. For comparison the Haiti quake was 7.0 magnitude.



If you are into natural disaster monitoring consider this. Between January 17, 2010 and today there have been 1,719 earthquakes in the Yellowstone National Park region of Wyoming ranging up to a 3.8 force. That is the second largest earthquake swarm ever recorded at Yellowstone and continues today. Underground at Yellowstone lies one of the largest magma pools of lava in the world measuring as much as a staggering 50-90 miles wide. Scientifically it is called a supervolcano and about 2.1 million years ago the area blew up and caused 2,500 times as much volcanic ash as the Mt. St. Helens eruption in 1980.



Other strange news today included the missionaries in Haiti who went to court expecting to be released and wound up being formally charged with kidnapping and conspiracy to steal children from Haiti. The guru who led a sweat lodge ceremony about a year ago in Sedona, Arizona that killed 3 and sent 18 more people to the hospital was charged with manslaughter. I have participated with Native Americans in many sweat lodge ceremonies, a spiritual ritual of the original Americans, and what he did was an insult to the culture and spirituality of Indian cultures.



The list goes on and on but that is enough for now. You get the impression that higher forces took control of events for the day to give us a break from the non-stop political nonsense we face and also to give us a warning that we are so preoccupied with what we want that we are losing sight of what really counts. Maybe we should be paying more attention to Mother Earth and Father Creator and less to our own needs and desires? If you need more read my last article on the Seven Cardinal Virtues and Seven Deadly Sins.