Posts Tagged ‘predicted’

CU-Boulder Analysis That Has Accurately Predicted EVERY Presidential Race Since 1980 Says Romney Wins, 52.9% To 47.1%, By 320 To 270 Electoral Votes

August 23, 2012

The Colorado University analysis is based primarily on economic data.  So it ought to be a highly relevant fact that Gallup just released a poll that says Americans disapprove of Obama’s economic performance by a measure of 60 to 36.

Obviously, there will probably eventually be a first time for CU-Boulder’s analysis to be wrong, but this is sure good news for Romney (and America!) and bad news for Obama and liberals:

CU-Boulder analysis of election factors points to Romney win
Wednesday, 22 August 2012 18:23 staff

A University of Colorado analysis of state-by-state factors leading to the Electoral College selection of every U.S. president since 1980 forecasts that the 2012 winner will be Mitt Romney.
 
The key is the economy, say political science professors Kenneth Bickers of CU-Boulder and Michael Berry of CU Denver. Their prediction model stresses economic data from the 50 states and the District of Columbia, including both state and national unemployment figures as well as changes in real per capita income, among other factors.
 
“Based on our forecasting model, it becomes clear that the president is in electoral trouble,” said Bickers, also director of the CU in DC Internship Program.
 
According to their analysis, President Barack Obama will win 218 votes in the Electoral College, short of the 270 he needs. And though they chiefly focus on the Electoral College, the political scientists predict Romney will win 52.9 percent of the popular vote to Obama’s 47.1 percent, when considering only the two major political parties.
 
“For the last eight presidential elections, this model has correctly predicted the winner,” said Berry. “The economy has seen some improvement since President Obama took office. What remains to be seen is whether voters will consider the economy in relative or absolute terms. If it’s the former, the president may receive credit for the economy’s trajectory and win a second term. In the latter case, Romney should pick up a number of states Obama won in 2008.”
 
Their model correctly predicted all elections since 1980, including two years when independent candidates ran strongly, 1980 and 1992. It also correctly predicted the outcome in 2000, when Al Gore received the most popular vote but George W. Bush won the election.
 
The study will be published this month in PS: Political Science & Politics, a peer-reviewed journal of the American Political Science Association. It will be among about a dozen election prediction models, but one of only two to focus on the Electoral College.
 
While many forecast models are based on the popular vote, the Electoral College model developed by Bickers and Berry is the only one of its type to include more than one state-level measure of economic conditions.
 
In addition to state and national unemployment rates, the authors looked at per capita income, which indicates the extent to which people have more or less disposable income. Research shows that these two factors affect the major parties differently: Voters hold Democrats more responsible for unemployment rates while Republicans are held more responsible for per capita income.
 
Accordingly — and depending largely on which party is in the White House at the time — each factor can either help or hurt the major parties disproportionately.
 
Their results show that “the apparent advantage of being a Democratic candidate and holding the White House disappears when the national unemployment rate hits 5.6 percent,” Berry said. The results indicate, according to Bickers, “that the incumbency advantage enjoyed by President Obama, though statistically significant, is not great enough to offset high rates of unemployment currently experienced in many of the states.”
 
In an examination of other factors, the authors found that none of the following had any statistically significant effect on whether a state ultimately went for a particular candidate: The location of a party’s national convention; the home state of the vice president; or the partisanship of state governors.
 
In 2012, “What is striking about our state-level economic indicator forecast is the expectation that Obama will lose almost all of the states currently considered as swing states, including North Carolina, Virginia, New Hampshire, Colorado, Wisconsin, Minnesota, Pennsylvania, Ohio and Florida,” Bickers said.
 
In Colorado, which went for Obama in 2008, the model predicts that Romney will receive 51.9 percent of the vote to Obama’s 48.1 percent, again with only the two major parties considered.
 
The authors also provided caveats. Factors they said may affect their prediction include the timeframe of the economic data used in the study and close tallies in certain states. The current data was taken five months in advance of the Nov. 6 election and they plan to update it with more current economic data in September. A second factor is that states very close to a 50-50 split may fall an unexpected direction.
 
“As scholars and pundits well know, each election has unique elements that could lead one or more states to behave in ways in a particular election that the model is unable to correctly predict,” Berry said.
 
Election prediction models “suggest that presidential elections are about big things and the stewardship of the national economy,” Bickers said. “It’s not about gaffes, political commercials or day-to-day campaign tactics. I find that heartening for our democracy.”

There are, for the record, 538 electoral college votes.  If Obama wins 218, that means that Romney will win 320.  And this analysis has Romney winning virtually ALL the critical swing states.

Personally, for the sake of America, I hope the margin is even greater.  I hope that Romney has an overwhelming mandate to restore America and undo Obama’s failed attempt to “fundamentally transform” it.

Does this mean Republicans should ease off the throttle?  HELL NO!  It means that we ought to be like General Patton and determine to drive right through and right over the enemy.

Give money donations, knowing that unlike Obama supporters you won’t be pissing your money away in a failed cause to top off a failed presidency.

Give time donations, knowing that if you volunteer for the Romney campaign, you’ll be serving the next president of the United States rather than wasting your time like Obama supporters.

And give your vote, knowing that if you vote for Romney, you’ll be voting for the winner rather than wasting your vote on the loser.

[Update, 8/23/12]: It is being reported today that new polling shows in the Real Clear Politics average that Mitt Romney is gaining momentum in eight of the nine key swing states while Obama is either flat or losing ground.

As We Stare Into The Abyss Of A Great Depression, Let Me Ask You: WHO WAS RIGHT?

August 9, 2011

This is actually the concluding paragraphs of an article I wrote yesterday, but I thought the question merited its own title:

Let me ask you something. I’ve said repeatedly that Barack Obama – the president of God damn America and the symbol of God’s wrath on this nation until this disgrace leaves office IN disgrace – would lead us into a Great Depression with his reckless and depraved spending. Meanwhile, Obama, the Democrat Party and the left said that Obama would lead us unto a glorious recovery.

I’ve been pointing out since December 2008 right after Obama was elected that we would be staring into the abyss of a Great Depression due to this evil man’s failed policies. I pointed out in that article that the Great Depression began with a market tank, followed by a series of failed liberal-progressive policies that were like sugar for a diabetic; at first things seemed to get better, and then we had the real crash. You look at what I wrote in that article and tell me that we aren’t right on schedule.

We have the worst economy since the LAST time a failed socialist ran it into the ground in the 1930s. Surprise, surprise.

Let me point out that as early as October of 2008 I was pointing out the FACTS that CEOs “went as far as to say that “some of his programs would bankrupt the country within three years, if implemented.” Let me point out that I pointed out that same fact again in February 2009 after Obama’s foolish and wicked policies started taking shape.

Who was right? And who has been totally full of CRAP from the getgo?

Conservatives have been right again and again and again and Democrats have continued to demonize us even as their own failed policies have kept failing just like we said they would.

Why didn’t Obama’s stimulus plan work?  Because the government sucking money out of the productive marketplace and squandering it has NEVER worked.  And so surprise surprise, a little over a year after Obama’s destined-to-fail Keynesian spending binge was implemented, economists acknowledged that it had failedJUST LIKE WE CONSERVATIVES SAID IT WOULD TO ANYONE WHO WOULD LISTEN TO REASON.  And about that same time investors were starting to scream that Obama was pathologically anti-business.  But liberals said “We don’t need no stinkin’ business.” 

History repeats itself when fools don’t pay attention to it.  And America in 2008 was a nation of fools.  We elected a man who represented the policies that created and sustained the Great Depression.

And as I’ve been warning over and over, we’re going to pay dearly for it.

Don’t get me wrong here. We’re going to have a sucker’s rally at some point. BECAUSE THERE ARE A LOT OF STUPID PEOPLE.

Democrats ran both the House and Senate since the November 2006 elections when unemployment was 4.6% as Nancy Pelosi and Harry Reid and the Democrats took over Congress.  Most Americans have no idea whatsoever that the LAST budget that Republicans passed (and I note that it has been 833 DAYS since Democrats have bothered to pass a budget) had a deficit of only $161 billion dollars.  Democrats have since utterly skyrocketed our reckless deficit spending into the trillions of dollars.  And all the while they have done nothing but blame and demonize Republicans.

I made a point in an article I wrote recently:

Now, let’s just say for the sake of argument that you were watching the Democratic National Convention in August of 2008 and came to the belief that the mainstream media coverage was so blatantly biased and dishonest that Barack Obama was going to win the election. And you had a vision of the sheer smackdown that would happen in this “God damn America.”

So you made an appointment with your portfolio manager and told her you wanted to cash out all of your stock holdings so you could put your investment nest egg into silver and gold.

What do you expect your portfolio manager would say? Do the words, “This is a big mistake. Trust me, the stock market is not going to collapse. The average gains of the stock market invariably outperform gold indices. Blah blah blah.” The bottom line is that if you pull your money out of the fund she manages, she’s not going to get any more of your money.

Well, the fool who did that would have bought all kinds of silver at about $13 an ounce and gold at about $825 an ounce. And that fool would have more than doubled his money while everybody else lost their shirt, then got part of their shirt back if they played the game right, then lost their shirt again.

I describe that individual who bought silver and gold because he truly believed Obama would be a total disaster who would create a second Great Depression and put America into food riot conditions (and see I was saying that after the Obama victory in November 2008).

And so “the fool” bailed out of the economy of the most evil man who has ever led this country and bought the only thing that made any sense to buy if he was right.

And who was right?

“The fool” who bet against Obama bought gold at $825 an ounce and that same gold is worth over $1,700 an ounce as of COB Monday.  That fool bought silver at about $13 an ounce and that same silver is worth nearly $40 an ounce Monday.  Then that fool went to bed and woke up this morning and saw that gold was saying good morning to him at $1,770 an ounce.  And silver was down slightly from the previous day so he’d only tripled his money from the day he bought the stuff by the pound.

Who was right?  The fool who bet Obama was a fool or the downgraded president who has now been factually proven wrong a ten thousand times times ten thousand times???

[Update, 8/9/11]: The above was written on August 8 and pulished early this morning; what follows is written in the hindsight of the market rebound today.

Well, I knew we’d get a sucker’s rally, and we sure got a sucker’s rally today.  After plunging to its sixth worse loss ever, the Dow rallied to its eleventh greatest gain ever.  I didn’t think we would see such a rally so quickly and I certainly didn’t think the Fed would throw this kind of a hail Mary pass by announcing that already rock-bottom interest rates would remain the same for two years.

Obama and his teleprompter showed up yesterday and neither one of them had any plan or any clue as to what to do. Fortunately, I suppose, Ben Bernanke DID have a plan. It’s not QE3, but it’s kind of like a QE3; basically, by enabling the banks to borrow money at near zero percent interest, banks (which were absolutely CLOBBERED in yesterday’s bloodbath) can make a ton of money by loaning that same money at a higher interest rate.

This was virtually the only trick the Fed had left.

The risk of this dramatic and basically UNHEARD of two-year freeze on rock-bottom interest rates is summed up in a very short paragraph expressing the concerns of the three Federal Reserve heads who voted against Bernanke’s aggressive move:

“Fisher and Plosser have warned repeatedly that the Fed risks stoking inflation or another asset bubble by keeping money too easy for too long.”

This seems to be the right point to state that we haven’t had dissent at the Fed since November 1992.

So why do the three Fed heads disagree with this policy?  Basically,  they understand that the artificially low interest rates created by the Federal Reserve are a rigged game.  The co-owned Federal Reserve, banks, and Wall Street firms benefit from the policy, while people who are trying to save money lose out because the artificial interest rates simply do not honestly reflect the weakening dollar and the rising prices we are clearly seeing all around us.  It amounts to a tax on savers and a subsidy for spenders.  Here’s an article on that gimmick by a writer pleading with Bernanke to allow interest rates to reach their market equilibrium well before his ploy today.

And artificially low interest rates also clearly increases the risk of an asset bubble (e.g., that’s what blew up our economy in 2008 with said “asset” being real estate) because it incentivizes people to increase their debt load far beyond what they can afford.

Ultimately, what Ben Bernanke did was kick the can down the road.  Because in two years (hint: AFTER Obama is up for re:election) we’re going to HAVE to see a spike in interest rates that will absolutely slaughter both the bond markets AND the stock markets.  We always selfishly think that whatever crisis we have now justifies setting up an even worse crisis later, just as we always foolishly believe that in a couple of years we will have developed the will to embrace tough choices that we clearly don’t have the will to face now.

A year ago now I pointed out that:

An increase in the money supply is rather like an overdose of drugs. And in this case the effect of the overdose will be hyperinflation. Basically, the moment we have any kind of genuine recovery, our staggering deficit is going to begin to create an ultimately gigantic inflation rate. Why? Because we have massively artificially increased our money supply beyond our ability to actually produce real wealth, and that means that money will ultimately be devalued. There’s simply no way it can’t be. If simply printing money solved financial problems, the government could just mail everyone several million dollars, and we could all retire. The problem is that more money chasing a limited supply of goods simply pushes up prices higher and higher without doing anything to solve the underlying economic problems. If we have a recovery, with increased economic activity, there will be increased demand on the money supply, forcing an upward climb in interest rates as a means of controlling the currency. And then we’ll begin to seriously pay for Obama’s and the Democrat Party’s sins. Paradoxically, the only thing preventing hyperinflation now is the recession, because people aren’t buying anything and therefore aren’t competing for those limited goods.

What I am essentially saying is that the government’s constant monkeying around has created a dilemma: as long as we remain in recession conditions, things will continue to suck as we slowly grind along.  But if we actually start to experience a real recovery, we’re going to very quickly get a crippling punch in the gut as the interest rates we’ve been holding down for FAR TOO LONG begin to rise in an out-of-control manner.  I’m not talking about “politics” or “economics” when I say this: it is simply the grim reality of physical math on a balance sheet.

The Bernanke move will ultimately hurt us badly.  Just not today.

Meanwhile, nothing else has changed.  The horrible fundamentals of our economy and the greater world economy are still just as horrible today as they were yesterday.  Europe’s sovereign debt crisis is still spiralling out of control. with France and England joining Italy and Spain as being both broke and “too big too bail”; and nothing whatsoever about our ravaged and dysfunctional economy has changed in any way, shape or form from the moment that the market began to take off after the Fed announcement.

In explaining its move today, the Fed wrote:

Information received since the Federal Open Market Committee met in June indicates that economic growth so far this year has been considerably slower than the Committee had expected. Indicators suggest a deterioration in overall labor market conditions in recent months, and the unemployment rate has moved up. Household spending has flattened out, investment in nonresidential structures is still weak, and the housing sector remains depressed. […]

Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee now expects a somewhat slower pace of recovery over coming quarters than it did at the time of the previous meeting and anticipates that the unemployment rate will decline only gradually toward levels that the Committee judges to be consistent with its dual mandate. Moreover, downside risks to the economic outlook have increased. […]

Which is to say that 1) Growth has been “considerably slower” than expected; 2) Labor market conditions have deteriorated substantially; and 3) Household spending has “flattened” (actually it has tanked); and 4) The housing sector remains depressed (and is literally more depressed than the Great Depression).

Anybody who believes that today’s Fed action or the stock market’s immediate reaction to it is simply a fool. The very reason the Fed even resorted to this dramatic and risky move was because things truly suck, and are expected to remain terrible until at least 2013.

The Fed, essentially in desperation, is now going to attempt to force bond yields to remain low while trying to keep stock prices high – which they define as “price stability.”  This entire process will in fact virtually REQUIRE the Fed to do a QE3 (which they did not feel they could do now because it was far too early after just-ended QE2), according to analysts from CNBC.  And the Fed is simply not worried about inflation at this point because they think they have bigger fish to fry.

When they get to the QE4 point – which QE3 itself will guarantee just as the ending of QE2 itself guaranteed QE3 – they will simply forgive their own debt and the system will run amok until it completely crashes due to hyperinflation.

I know I make all this sound so cut and dry that, if I’m right, any fool ought to be able to see what I’m describing and avoid the pitfall I predict.  And so it is easy to conclude that I simply can’t be right. 

I don’t doubt that the thinkers at the government and the Fed and Wall Street who are making these ruinous decisions are well familiar with the history of hyperinflation (e.g. the Weimar Republic or Africa); and they know the dangers of their policies.

But there’s another attribute these decision-makers have in addition to their pathological refusal to accept responsibility when they can kick the can down the road and make the future pay for their actions now instead; and that attribute is hubris.  Which is to say they reason, “Yes, that problem always happened before when a government did what we’re doing now, but we’re smarter.  And we have computers.  And so what happened to everyone else who did what we’re doing now won’t happen to us.”

And the thing about computers that has always been true is garbage in, garbage out.  The economic models these thinkers are plugging into their computers are filled with preconceptions that are in fact basically the same preconceptions that failed so wildly in the Weimar Republic.  And it doesn’t matter how many digits to the right of the decimal point your computer can calculate; when your assumptions are wrong, your model will turn out wrong.

By the way, “the fool” who bought so much gold was quite happy today.  That is because there is no point saving money, and the only two basic options are to risk your money in risky equities or to buy gold; so gold will continue to increase in value, baby.

They talk about “fool’s gold” (iron pyrite), which fools think is real gold.  But real genuine gold has the property of revealing fools in another way: consider that gold has spiked twice since 1970: during the misrule of the fool Jimmy Carter and now during the misrule of the fool Barack Obama:

What I said back in May seems to remain true: “Everyone But Obama And Obama’s Fed Knows That Prices Are Rising Drastically.”  And given our massive and wild market fluctuations the picture I provided in that article continues to describe Obama’s roller coaster economy:

As an American Thinker article correctly predicted shortly after the national disaster a.k.a. the Obama victory in 2008: “Hang on, this will be a rough period ahead.”

Who was RIGHT?

[Update, 8/10/2011]: Oh, oh.  It looks like that wild roller coaster ride is going DOWN the steep track again.  The DOW was down 520 points – more than erasing the gains from the previous day and putting the kibosh on the television talking head narrative that we were about to enter better days because the Fed had saved us.

I didn’t know we’d go up 430 points yesterday on the Fed’s hail Mary.  I didn’t know it would tank 520 today on the most radical market roller coaster in my lifetime.  But I know that Barack Obama will fail and bring America down with him unless the people stand up and STOP HIM.  This is God damn America now under Obama.  And God damn America is going to go down hard unless we stand up and repent of the evil that is the Obama agenda.

And that “fool” who bet that Obama would wildly fail is thrilled with his bet that Obama would ruin America, with gold soaring to over $1,800 an ounce today.

Who’s Fearmongering The Economy? Obama Speaks, And 30-Year Bond Is ‘Dragged To The Slaughterhouse’

July 19, 2011

The mainstream media would never make this connection (at least, not until a Republican is president again), but let it be known that the slaughter of the 30-year long bond was the DIRECT RESULT of Barack Obama saying he will veto any bill that seeks to balance the federal budget.

Obama wants reckless spending until America financially implodes.  Investors are going to get wise to the fact that there won’t BE a 30-year Treasury bond in thirty years.  Because there won’t be a viable United States to make good on it.

As Obama Says He Will Veto Any Republican “Cut, Cap” Deficit Bill, Long Bond “Dragged To Slaughter House”
Submitted by Tyler Durden on 07/18/2011 12:38 -0400

Just because someone is dead set on making Apple the only flight to safety in the world (and Gold of course, but unlike the iPad one can’t really eat this particular tradition), around the time (10 minutes ago) Obama threatened he would veto the Republican proposed vote to raise the debt ceiling coupled with a cap on spending and balanced budget amendment to the constitution, the selling off spilled over to Treasurys, which as the chart below demonstrates are broadly lower across the curve, but most emphasized at the 30 Year spot, which as Russ Certo says (see below) is being “dragged to the slaughter house.” Alas, judging by bank trading today the 2s30s steepening is completely irrelevant for bank stocks, for the simple reason that i) nobody needs any new mortgages and ii) nobody actually pays their mortgages. This is the second day since last week in which there is coordinated selling in stocks and bonds. Expect much more bond weakness with each day there is no bond deal.

Commenting on the move, Gleacher’s Russ Certo told Bloomberg that “vigilantes make a symbolic statement” about debt ceiling negotiations. “It’s the issue most sensitive to government ineptitude” Certo says of 30-yr bond “It’s all about the long bond as the 10-yr is being dragged to the slaughter house.” We couldn’t have said it better.

It’s long past time to realize that Barack Obama is an enemy to business, he is an enemy to the U.S. economy.  And either Obama goes or America goes.

I’ve been pointing out that business leaders have predicted that Barack Obama would destroy the U.S. economy.  I can literally quote myself quoting myself quoting those business leaders on that.  From my February 13, 2009 article titled, As Economy Tanks Under Obama, CEOs, Investors Say, “We TOLD You So”:

And what is causing this incredible momentum to the economic meltdown under Obama’s watch?

Let me quote myself – even as I quote from the September/October issue of Chief Executive Magazine:

People are most concerned about jobs right now; maybe they should stop listening to mainstream media ideologues and start listening to the people who actually create jobs:

Chief Executive Magazine’s most recent polling of 751 CEOs shows that GOP presidential candidate John McCain is the preferred choice for CEOs. According to the poll, which is featured on the cover of Chief Executive’s most recent issue, by a four-to-one margin, CEOs support Senator John McCain over Senator Barack Obama. Moreover, 74 percent of the executives say they fear that an Obama presidency would be disastrous for the country.

“The stakes for this presidential election are higher than they’ve ever been in recent memory,” said Edward M. Kopko, CEO and Publisher of Chief Executive magazine. “We’ve been experiencing consecutive job losses for nine months now. There’s no doubt that reviving the job market will be a top priority for the incoming president. And job creating CEOs repeatedly tell us that McCain’s policies are far more conducive to a more positive employment environment than Obama’s.”

Disastrous for the country.” That doesn’t sound good.  And that’s about as optimistic as the CEO’s get about Barack Obama:

“I’m not terribly excited about McCain being president, but I’m sure that Obama, if elected, will have a negative impact on business and the economy,” said one CEO voicing his lack of enthusiasm for either candidate, but particularly Obama.

In expressing their rejection of Senator Obama, some CEOs who responded to the survey went as far as to say that “some of his programs would bankrupt the country within three years, if implemented.” In fact, the poll highlights that Obama’s tax policies, which scored the lowest grade in the poll, are particularly unpopular among CEOs.

Bankrupt the country within three years.” There.  You want socialism, you can have it.  “Spread the wealth around” so that country itself ultimately becomes as broke as the defaulting homeowners and the defaulting mortgage houses we keep hearing about.

The Chief Executive Officers were very clear in their assessment: an election of Barack Obama would result in an economic disaster.  And don’t think that a significant part right now of the terrible climate for the economy, and for business and jobs, is who is running the show.

Obama’s disastrous economic policies would “bankrupt the country within three years.”  And here we are, two years and seven months later, facing default.  We’re right on schedule.  And the CEOs had the economic understanding to recognize that it would ALL be Obama’s fault.

Now, the only thing that Democrats are skilled in (to put it the other way, they are incompetent at everything else), is demonization.  Democrats know how to demonize, demagogue, fearmonger and backstab better than anyone on the planet, bar none.

But business experts PREDICTED we would be in this situation; and they well understood and continue to understand who is causing this crisis: Barack Hussein Obama.

I also wrote an article earlier this year titled Instability, Food Riots And A Heaping Dose Of ‘I Told You So’ which referenced my November 24, 2008 article titled Renowned Economic Forecaster Says US Headed For Total Collapse.  The 2008 article contained a prediction by Gerald Celente that under Obama, we would have revolution, food riots and tax rebellions by 2012.  And we’re right on schedule.

This is why I have been so angry.  When I heard those Jeremiah Wright tapes (the racist, Marxist, anti-American “reverend” whom Obama called his “spiritual mentor” for over 20 years), I knew that Barack Obama was a truly evil man. You don’t sit in a toxic, poisonous, hateful environement like that for that long if you aren’t genuinely evil yourself.  And I knew that we were headed for “God damn America.”  It was as though I had had a vivid vision of the future – culminating in the implosion and collapse of the country that I have loved and served.

We’ve got a top very-recently former SEIU official caught on tape talking about deliberately imploding America by deliberately destabilizing the already destabilized housing mortgage crisis.  And I point to Obama’s words regarding SEIU: “Your agenda is my agenda (3:15 in the video below).”  He promised SEIU “to make your agenda a reality” (1:22 into the video below).

And prior to the SEIU (whose agenda is Obama’s agenda) official describing the agenda to financially implode America, I was writing about the liberal goal of the destruction of America by means of the “Cloward and Piven” approach to implode America through the sheer massive weight of its welfare system.

Things are bad.  And they’re certainly going to get worse.  Not that the man we foolishly and despicably elected to be our president gives a damn.

Obama’s ‘Hope And Change’ At Work: Most Americans (Correctly) Believe Our Best Days Are Now Behind Us

April 28, 2011

History reminds us of a time – not all that long ago – when a charismatic leader promised a fundamental transformation that brought hope to a nation.

The leaders’s name was Adolf Hitler.  It didn’t end well.  Seriously.

The kind of fascistic irrationally euphoric Utopian rhetoric of Obama

“I am absolutely certain that generations from now, we will be able to look back and tell our children that this was the moment when we began to provide care for the sick and good jobs to the jobless; this was the moment when the rise of the oceans began to slow and our planet began to heal… This was the moment — this was the time — when we came together to remake this great nation …”

– hasn’t seemed to work out very well in the real world.  I mean who talks like that but a fascist demagogue promising a false Utopia, anyway?  Not that most liberals have any clue whatsoever about the real world, mind you.

The evidence is crystal clear that Obama is a fascist and a demagogue.  But the mainstream media is every bit as unlikely to tell the truth about Obama as Joseph Goebbels’ Ministry of Propaganda was likely to tell the truth about their Fuhrer.

The New York Times once said – as part of the irrational fascistic hype surrounding Obama – that:

WASHINGTON — At the core of Senator Barack Obama’s presidential campaign is a promise that he can transcend the starkly red-and-blue politics of the last 15 years, end the partisan and ideological wars and build a new governing majority.

Did Obama ever once come close to actually fulfilling that “core presidential promise”???

How about this: within 24 days of Obama assuming the presidency, The Wall Street Journal was rightly able to say this about our “transcending” figure:

President Barack Obama has turned fearmongering into an art form. He has repeatedly raised the specter of another Great Depression. First, he did so to win votes in the November election. He has done so again recently to sway congressional votes for his stimulus package

It wasn’t even a month after assuming the presidency that Obama began to dismiss the Republicans he had promised to reach out to:

“Don’t come to the table with the same tired arguments and worn ideas that helped to create this crisis,” he admonished in a speech.

It was barely only a month after assuming the presidency that Obama began to thumb his nose at the Republicans he had promised to reach out to:

 When [Republican Rep. Eric] Cantor tried to justify his own position, Obama responded: “Elections have consequences, and at the end of the day, I won.”

Were those really the words that would “transcend the starkly red-and-blue politics of the last 15 years”???  In taking that stand, was there actually any chance whatsoever that Obama would “end the partisan and ideological wars”???  Is anyone frankly so morally and intellectually stupid to see these tactics as they way to “build a new governing majority”???

And of course, shortly after the American people rejected Obama in the largest shallacking in modern American history and voted against the Democrat Party in droves, Nancy Pelosi began to further degenerate into fascism (where elections shouldn’t matter unless the fascists win them), saying: “elections shouldn’t matter as much as they do.”

And then we proceeded to see Democrats and liberals behave far more like fascists than people who gave a damn about elections or the consequences of elections in Wisconsin.

I think of the fact that Hitler never won more than 37% of the vote.  But the moment he seized power, “elections didn’t matter as much as they should have.”

Barack Obama is a man who has personally repeatedly demonized George W. Bush, Republicans, entire industries, businesses, and even medical doctors (remember how they amputate people’s feet and yank out their tonsils just to illegitimately profit?).  As a Senator, he personally attacked George Bush for his failure of leadership for having to raise the debt ceiling; now he’s personally attacking anyone who acts as cynically and despicably as he acted.  Obama personally demonized George Bush for trampling on the Constitution for Iraq even though Congress had directly authorized his actions; but this same cynical demagogue would attack Libya without any congressional authorization whatsoever.  Obama lectured Republicans that it hurt the country and the essential political debate to demagogue the other side with health care, only to viciously attack the Republicans the first time he thought it would politically help him to do so.  Rep Ryan – whom he invited to his speech just to single him out for attack – said, “What we got yesterday was the opposite of what [Obama] said is necessary to fix this problem.”  And Obama doesn’t just demonize his opponents; he falsely demonizes his opponents by telling demonstrable lies.

As I said, Obama is a fascist bully and a cynical demagogue.  And yet the mainstream media has the unmitigated chutzpah to continue to insanely depict this cynical, lying, hypocrite demagogue as an inspirational figure.

The American people and the mushroom have something in common: both are kept in the dark and fed manure.

So you can understand why the American people – for all the information available to them – are so terribly ignorant about just what the hell is going on in our political system.

But as misinformed and lied-to as Americans are when it comes to the sea of lies they are presented with as “news,” they are still aware that fewer of them have jobs, fewer of them have homes, their food cost more, their fuel cost more and that the quality of their lives are rapidly slipping away under the policies of a failed president and his failed party.

America’s Best Days
Those Confident That America’s Best Days Lie Ahead Down to 31%
Monday, April 25, 2011

Voter confidence that the nation’s best days are still to come has fallen to its lowest level ever.

A new Rasmussen Reports national telephone survey of Likely Voters shows that just 31% believe America’s best days are in the future. That’s down three points from last month and is the lowest result found in polling since late 2006.

Fifty-three percent (53%) believe America’s best days are in the past, also the highest measurement in over four years. Sixteen percent (16%) are undecided. (To see survey question wording, click here.)

Separate polling finds that only 22% of Likely Voters believe the United States is now heading in the right direction. That ties the lowest level found during Barack Obama’s presidency.

While majorities of Republicans (68%) and voters not affiliated with either major political party (52%) believe America’s best days are in the past, a plurality of Democrats (45%) thinks its best days still lie ahead.

Fifty-eight percent (58%) of white voters believe America’s best days have come and gone, but the same number of black voters (58%) feel the opposite is true.

[…]

And of course, it is true: America’s days truly ARE behind us as long as Barack Hussein Obama and as long as Democrats are able to continue to lead.  Either Democrats will go down, or America will go down.

But, liberals say, it was BUSH who made the economy fail.  Two things: 1) how many years should that line of garbage continue to succeed?  And 2) it was never true to begin with (also see here).

Do you know that Democrats had total control of both the House and the Senate from 2006 until 2010???

George Bush tried SEVENTEEN TIMES to warn Congress that unless we got control of the out-of-control Democrat-controlled Fannie Mae and Freddie Mac and the out-of-control housing and housing mortgage market that it was poisoning with piles of bad debt, our economy would go under.  The problem had festered because Bush had reappointed the first black Fannie Mae CEO because of political correctness.  Franklin Raines was a failure and a corrupt fraud who disguised massive debt.  Further, fearing the same political correctness, Republicans had allowed themselves to be repeatedly stymied in their attempts to reform the Government Sponsored Enterprises Fannie and Freddie as Democrats screamd “racism.”  John McCain was if anything even more clear in 2006 when there was still time to fix the developing crisis.  McCain wrote (in 2006):

Congress chartered Fannie and Freddie to provide access to home financing by maintaining liquidity in the secondary mortgage market. Today, almost half of all mortgages in the U.S. are owned or guaranteed by these GSEs. They are mammoth financial institutions with almost $1.5 Trillion of debt outstanding between them. With the fiscal challenges facing us today (deficits, entitlements, pensions and flood insurance), Congress must ask itself who would actually pay this debt if Fannie or Freddie could not?

McCain asked, “Who would actually pay this massive debt for these incredibly risky liberal policies if Fannie or Freddie could not?’  And we now have the answer to that question, don’t we???

Even the liberal New York Times recognized the threat posed by Fannie and Freddie.  And Peter Wallison all but predicted the collapse as early as 1999:

In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980′s.

From the perspective of many people, including me, this is another thrift industry growing up around us,” said Peter Wallison a resident fellow at the American Enterprise Institute. ”If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.”

 The same Peter Wallison who had predicted the disaster from 1999 wrote a September 23, 2008 article in the Wall Street Journal entitled “Blame Fannie Mae and Congress For the Credit Mess.”

Wallison was 100% correct, and had the FACT that he had accurately predicted the collapse to give him further credibility.  Democrats were 100% wrong.  Barney Frank was one of the unanimous Nazi-goosetepping Democrats who said stuff like this:

These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ”The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”

Basically a MONTH before Fannie and Freddie went bankrupt and started the entire housing mortgage market collapse in 2008, Barney Frank was still singing the same idiotic tune:

REP. BARNEY FRANK, D-MASS.: “I think this is a case where Fannie and Freddie are fundamentally sound, that they are not in danger of going under. They’re not the best investments these days from the long-term standpoint going back. I think they are in good shape going forward.

They’re in a housing market. I do think their prospects going forward are very solid.”

John McCain correctly predicted a disaster.  Barney Frank was still spouting outrageous lies just one month before the bottom fell out of Fannie Mae and Freddie Mac and then caused the bottom to fall out of the entire economy.  Republicans were right and Democrats were disasterously wrong.  And the American people responded by electing Democrats and purging Republicans.  Because we were lied to, and because we have become a bad people who believe lies.

Democrats blocked every single move by both the Republicans and by George Bush.  They actually threatened filibusters to prevent Bush from fixing the broken system that failed and it was DEMOCRATS who took our economy down the drain.

And Senator Barack Obama had more campaign money from Fannie Mae and Freddie Mac in a shorter time than anyone in Congress.  And he also had more campaign money from Lehman Brothers – a dirty Wall Street player that went belly up – in a shorter time than anyone else in Congress.  Obama was bought and owned by the people who blew up our economy.

Only a nation of fools would have voted for this inexperienced Marxist fool to run our nation.  But a nation of fools believed the worst media propaganda campaign since Joseph Goebbels plied his trade.

Even fools feel pain when they keep getting burned, though.  And Obama is burning America alive.

We are slipping.  Even fools can feel it:

26 Apr, 2011, 11.27AM IST,IANS
China’s economy to surpass that of US by 2016: IMF

BEIJING: The Chinese economy will surpass that of the US by 2016, the International Monetary Fund ( IMF )) has predicted.According to the IMF’s forecast, based on “purchasing power parities”, China’s gross domestic product (GDP) will rise from $11.2 trillion in 2011 to $19 trillion in 2016, while the American economy will increase from $15.2 trillion to $18.8 trillion.

China’s share of the global economy will ascend from 14 percent to 18 percent, while the US’ share will descend to 17.7 percent, China Daily reported.

The Economist had predicted in December 2010 that China would overtake the US in terms of nominal GDP in 2019.

 At the same time all of the other growing disasters is taking place, we have a crisis in the price of oil.  And Obama has done nothing but exacerbate that crisis with energy policies that are even more destructive than Jimmy Carter’s.

Do you feel your nation growing smaller and smaller and weaker and weaker?  That is the hope and change you voted for.

In the time that Obama has been president, we’ve gone from predicting China would overtake us by 2030, to 2019, to just five years away.  And mark my words, it will be moved up yet again, before they overtake Obama’s ignorant stupidity even faster than that.

Under Obama, and due to his immoral and criminally reckless policies, we are spending like fools and at the same time insanely inflating our money supply (under the euphamism of “qantitative easing” or QE2.  And here are the results:

APRIL 23, 2011
Dollar’s Decline Speeds Up, With Risks for U.S.
BY TOM LAURICELLA

The U.S. dollar’s downward slide is accelerating as low interest rates, inflation concerns and the massive federal budget deficit undermine the currency.

With no relief in sight for the dollar on any of those fronts, the downward pressure on the dollar is widely expected to continue.
The dollar fell nearly 1% against a broad basket of currencies this week, following a drop of similar size last week. The ICE U.S. Dollar Index closed at its lowest level since August 2008, before the financial crisis intensified.

“The dollar just hasn’t had anything positive going for it,” said Alessio de Longis, who oversees the Oppenheimer Currency Opportunities Fund.

Thanks to your fool-in-chief president, your dollar is worth less and less.  And your gas and your food cost more and more.  Food now costs more than at any time since 1974, thanks to the Democrat messiah.

Or maybe he’s not such a fool.  Because maybe this is what he wanted all along.  Read this article on “the Cloward and Piven Strategy” created by liberals/progressives to implode America written in 2008 (you could also read my own article written in 2009).  And then see what top SEIU official Steven Lerner – who left the “workers of the world unite; it’s not just a slogan anymore” radical union at the same time #1 White House visitor Andy Stern did – had to say about deliberately trying to cause a financial crisis that will implode America.

The United States of America is dangerously close to complete collapse.  One wrong move, one piece of bad news, just one thing, could send us into a collapse that will be impossible to stop.

And we are either being led by a total fool, or even worse, we are being led by a man who is actively plotting to collapse America to impose a radical leftwing ideology, and who doesn’t care one iota more about the American people than Adolf Hitler cared about the German people.

I’m sure you have probably picked up on my angry tone.  I am angry; I’m beyond angry.  Why?  Because I see the beast foretold by the book of Daniel and the book of Revelation coming.  I see the collapse coming, and the Antichrist riding in on his white horse to save the day.  And I see that the same liberals, the same progressives, the same Democrats who caused this collapse will be the ones to welcome this coming world dictator.  And it will be these same Democrats who call for the American people to take his mark on their hands or on their foreheads so that they can join the rest of the world and buy and sell.

Rest assured, Obama’s reckless fiscal policies are not just undermining America; they are undermining the entire world.  The unrest in the Middle East (which again says “Last days as foretold by the Bible” all over it) is directly attributed to Obama’s monetary policies, according to the G-2o and the central banks.

Barack Obama is a false messiah.  The Democrat Partyis the party of hell.  And they are leading us to hell on earth right now.  Today.

And we are voting for hell.

You mark my words.  It won’t be long now.  The beast is coming.  And if you vote Democrat, you have already voted for him by paving the way for his soon-arrival.

Get ready for hell.

Rush Limbaugh Predicted LeBron James Would Sign With Miami Because He’s Not An Idiot Liberal

July 9, 2010

Here’s Rush Limbaugh on July 1 predicting LeBron James would sign with Miami and explaining why he would do so:

RUSH: If things are on schedule, representatives of the New York Knicks are meeting with LeBron James who today becomes a free agent in the National Basketball Association.  Now, many of you are saying, “Oh, come on, Rush, stick to the issues.  Football’s bad enough, golf’s even worse, now, we gotta talk NBA?”  No, we’re not talking NBA.  The New York Knicks and the New Jersey Nets both want LeBron James.  The Cleveland Cavaliers want him to stay in Cleveland, of course.  Here’s the decision LeBron James has to make, and let’s just use his current contract.  His contract just expired, was five years, $96 million.  If LeBron James had earned that money in New York he would have had to pay an additional $12.34 million in state and city income taxes than, say, if he played in Miami or for the Dallas Mavericks or wherever there is no state income tax.  So here you have these poor schlubs that run Madison Square Garden that own the Knicks and they’re going to try to persuade LeBron James to move to New York to play for the Knicks and they gotta tell him, “By the way, you’re going to pay about 12 to 15, maybe $20 million more in taxes in New York than you would if you –” they won’t tell him but his agent will.

Now, I have a question for all of you do-gooders out there, what should LeBron James do?  Should LeBron James decide to play for the Knicks and pay the additional taxes to show his compassion and to show he’s willing to give something back, which is what we demand of our athletes, or should he not sign with the New York Knicks or the Nets, sign with the Miami Heat and pocket and use the additional money for his own economic stimulus? What would you do if you were LeBron James and somebody was going to offer you in excess — remember, his old deal is $96 million over five years.  Let’s just make it up.  Let’s say somebody’s going to pay him $140 million over five years.  I don’t know what it’s going to be, but let’s say that new number is gonna — and, you know, taxes are going up next year, federal taxes going up, New York taxes are going up, if he goes to play for the Lakers, it’s the same kind of situation. I don’t think the Lakers are in the running, but regardless, what would you do?

Now, I’m going to make a prediction. (interruption) What, Snerdley, what, what?  Yeah, okay.  Snerdley says you are making my prediction come true even before I make it.  Snerdley said, “Well, there’s more to New York than just the taxes. New York versus Miami?  Come on.  Yeah, I’ve made that call, and where am I?”  In fact, for a guy like LeBron Miami is more — I mean you got South Beach down there, you got Dwyane Wade down there playing for the Heat.  Here’s my point.  A lot of you are probably saying, “I would go to the team that I really wanted to play for regardless the extra taxes because even at $140 million, even if I have to pay an additional 15 or $20 million, look at what I will have left over.”  I know a lot of people will say that.  Until you earn it, and then you will totally change your mind about it.  But my question to you is, is LeBron James, if he chooses to play for the Miami Heat or the Mavericks, I don’t know if they’re in the running — let’s say if he chooses a team with no state income tax, and saves 12 to $20 million dollars a year in taxes, is he being smart, is he being selfish, is he not being a good citizen?  What is he?

You want to keep LeBron James or, say, that company that hires lots of workers, or those rich people whose property taxes benefit the community?  LOWER TAXES.

Smart people avoid high taxes.  They leave those for STUPID people to pay.

That’s something Democrats will just never get.  They foolishly keep thinking that raising taxes won’t change people’s behavior.  And they keep thinking wrong.

If you want less of something, tax it.

Unfortunately, the state of Ohio decided it wanted less LeBron James.

By the same measure, Democrats want fewer businesses, fewer jobs, less economic growth, and less productivity.  It’s as simple as that.

There’s another entirely unrelated political nexus here, with LeBron James and Barack Obama sharing a common arrogance that sounds good but means nothing.

First, LeBron, whose rather recent remark (during the NBA playoffs) sounds pretty pathetic in light of last night’s news that he’s abandoning Cleveland:

BOSTON — LeBron James is bowed and bruised but not beaten. Asked why the Cavaliers fans should still believe, King James said yesterday after practice, “Because they got me.”

If I were a Cavalier fan I’d be pissed at “King” James.  Arrogantly talk crap.  Then lose.  Then walk away.

Now Barack:

Rep. Marion Berry, D-Ark., fears that these midterm elections are going to go the way of the 1994 midterms, when Democrats lost control of the House after a failed health care reform effort.

But, Berry told the Arkansas Democrat Gazette, the White House does not share his concerns.

“They just don’t seem to give it any credibility at all,” Berry said. “They just kept telling us how good it was going to be. The president himself, when that was brought up in one group, said, ‘Well, the big difference here and in ’94 was you’ve got me.’ We’re going to see how much difference that makes now.”

Ah, yes, another bogus promise for idiot liberals to believe.

I don’t see things going any better for Democrats with their arrogant “messiah” than they just went for the Cleveland Cavaliers with their arrogant “king.”