17 4 mins 12 yrs

Just some fun commentary on the Lunacy, and Comedy of the Daily Events in Obama World.

First during his visit last week to the U.N. The Mad Persian, Imamadjihad Had dinner with militant minister Calypso Louis Farrakhan, suffered heckling in a hotel bar, and a fear of being rubbed out that bordered on paranoia. Except for the two well dressed women that showed up in the Bar at the Hotel and when they were surrounded by Iranian Security started screaming “You stoned my sister to Death”

The president of Iran shared a hush-hush meal with Farrakhan and members of the New Black Panther Party Tuesday at the Warwick Hotel on West 54th Street.

I would have loved to be a fly on that wall.

The price of Gold hit $1300 an ounce as reports that ALL European Central Banks reduced their Bulk Gold sales by 96%. I remember being told that I was insane and just following Right-wing talkshow hosts marching orders, when I suggested to someone on here to buy Gold when it was $900 an ounce.

A Rumor was launched that the 82nd Airborn was put on a 15hr Alert for Domestic Deployment inside the U.S. Which of course was NOT True.

Obama Demanded that the Chicoms stop manipulating the value of their currency. In response the Chicoms slapped 105% Tariff on all American Chicken imports for a minimum of 5 years. We are also embroiled in disputes over access to each other’s markets for steel pipes, movies and books and other goods. They have accused each other of protectionism that they say could slow a global recovery. When you look at history it was a protectionist event such as this that plunged the U.S. into the deepest part of the great depression.

Add to all that the Dems refusal to hold a vote on whether or not to let the Bush Tax cuts end in January. Which we all know especially if they loose big in November, not only are they going to let those cuts end, but will push through every big spending bill and Tax increase they can before their terms are up. If they lose as big as predicted the Democrat Plan is to cause as much economic damage as possible, so that they can say “see you voted in the Republicans and we went bankrupt”.

And where are the cries from the loony left that went nuts over the Patriot Act, yet are silent as the Obama Administration demand that Congress require all services that enable communications — including encrypted e-mail transmitters such as BlackBerry, social networking websites such as Facebooknd software that allows direct “peer-to-peer” messaging such as Skype — to be technically capable of complying if served with a wiretap order. The mandate would include being able to intercept and unscramble encrypted messages.

This Administration is a Rogue Regime that needs to be crippled. The Election can’t be anything but a crippling defeat for the Democrats.
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17 thoughts on “The Circle of Lunacy

  1. The price of Gold hit $1300 an ounce as reports that ALL European Central Banks reduced their Bulk Gold sales by 96%.

    Shhhhhh 😉

  2. Its not just the loony left that went nuts on the Patriot Act. Its the loony libertarians and the Those who Adore Ron Paul over all men.

    Don't leave them out.

  3. your right there are loons on all sides, especially in the Paul camp.

    (buy any gold lately Phantom)

  4. Be very careful about the gold.

    It is being incredibly hyped now –do not assume that it will go up or stay up forever.

    My Continental Airlines stock has increased more than 150% from where it was a year ago. Does that mean that everyone should put all their money in CAL stock?

  5. stocks, and bonds, and gold all go up and down the trick is always knowing when to sell.

    The Price of Gold is tied to the U.S. Dollar as the dollar tanks Gold goes up, do you really see the Dollar increasing in value anytime in the next year?

    Oh and if you have Airline stock I don't care what company it is if it's at a high now trust me dump it.

  6. Funny item about Calypso Louie and Iran's President. Imagine the Warwick having the two craziest people from each country under one roof. At least one can hope that they avoided the bar.

  7. Troll

    Over the past year, the greenback is 5% or so down vs the yen and Canadian dollar, flat to the British pound and up maybe 8% vs the Euro

    That's not all that bad.

    A big Republican win and the promise of reduced deficits going forward could absolutely lead to a somewhat stronger dollar going forward.

  8. Phantom –

    It's irrelevent what currencies are doing relative to each other because they are all in a race to the bottom. Instead of focussing on just fiat money, stand back and see them all shrinking against gold as governments monetise debt and inflate paper to nothing.

  9. Yes, but unless serious inflation does finally appear, then the price of gold will remain meaningless. It can go to $10,000 an ounce and it won't mean much.

    The world economy will continue to function with dollars, euro and yen. And gold will continue to pay zero interest and will cost money to store in a safe place.

  10. Phantom
    So if you bought at 900 and it goes to 10,000 your number not mine, a month or two ago you called me a kook when I said it would reach 1500.

    Anyway lets use real numbers if you bought at 900 and it went to 1300 and you sold it that's a hell of a lot more interest than say what 4.5% that the best bonds are paying.

    As for storage it costs nothing, you don't buy paper gold, you buy coins or bullion they ship it right to you. and you should already have some type of safe in your home.

    but maybe you don't as a gun owner especially one with children I've owned several safes. hell dig a hole in your backyard or make a hole behind an outlet in a wall and put it in there.

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