Saturday, April 14, 2012

Littlestuff Weekender-4-14-2012


There are a number of “Tax Day” rallies going on around the fruited plain in the next few days, and I am honored to be speaking at the Perrysburg Patriots’ rally in Perrysburg, Ohio (Hood Park, 105 Front St. 12:00noon-2:00pm) today (Saturday). If you have one nearby, please try to go. Some pundits are gleefully predicting the demise of the Tea Party movement, and the time has come to change their perceptions.

Every day next week I’ll be subbing for Brian Wilson from 3:00-6:00pm on The Talk of Toledo, 1370 WSPD. ( www.wspd.com ) I’m honored to fill his seat and his shoes on the number 1 talk station in the greater Toledo market. We plan to have a number of interesting guests, a daily chance to win a prize and perhaps some of my sermonizing about liberty. On Thursday after the show, I’ll travel to Findlay to speak to the Findlay/Hancock County 9.12 Project. Sharon Butler graciously invited me, and I look forward to returning to my old haunts in the Flag City. The program begins at 6:30pm in the 3rd floor meeting room of the Findlay Municipal Hall.  

The economic situation in Europe has shifted but not substantially changed. Spain is facing a similar situation to that of Greece. Italy and Portugal are hot on the heels of Spain and Germany’s debt to GDP ratio is now around 80%. Germany….the economic pillar of Europe is in danger of facing fiscal peril because it has been financing EU profligacy.

Meanwhile the hyper-growing Chinese economy is showing some signs of slowing because the government wants to quell inflationary pressure and also because the European and U.S. markets aren’t purchasing as many Chinese products as before. The entire global economy reminds me of the circus act where the guy balances multiple spinning plates on sticks and attempts to keep them all spinning and balancing at once. If things don’t work out just right, there could be lots of shattered pottery all over the planet.

Politically…it looks like Romney’s election to lose, and he may. Be prepared for massive voter fraud across the nation and a Department of Justice that looks the other way. Romney will have to bring his “A” game (if he has one) otherwise there may be significant leakage to the Libertarians or many GOP voters may stay at home on Election Day. You may have read or heard that the national vote tally for President will be tabulated by a Spanish company. This is the first time ever that one company has combined all the states and territories for tabulating. … an offshore one at that. Why aren’t the labor unions complaining about Obama shipping jobs to a foreign country?

This past week I read a column about the performance of the freshman House members who were elected as “Tea Party Republicans.” Already nearly 75% of them have migrated to the big-spending, big-government dark side. There appears to be a solid core of about 20-22 House members who seem to get it. That’s not nearly enough. They need help or they will burn out by giving in….or choosing not to run again. An “R” behind one’s name is no guarantee of fiscal sanity. Tea Party groups should recruit, educate and groom political “virgins.” Selecting candidates from a pool of officeholders leads to promoting career politicians….with emphasis on the career. We end up with more of the same.

Thanks to Ed Shick for sharing this link about vote fraud.

Ponder this for a second or two: This year the 16th Amendment is 99 years old. That’s enough. We should move to eliminate it and send the 17th Amendment with it to the ash heap of history. I believe that 1913 was the most destructive year in our nation’s history. Those two noxious amendments plus the creation of the Federal Reserve were just three of the products of that fateful year.

On one of my recent radio shows I spoke about an article wherein the author did an analysis of our national debt using the accrual method rather than the cash basis that is usually given. The difference, for example, is that on the cash accounting system the $1000 per month for a Social security recipient is factored into the debt for this year only whereas under the accrual method, we would factor the $1000 per month for the expected lifetime of the recipient. Please note….people who have not yet begun to receive benefits are NOT included….only current recipients are. Those who haven’t started receiving benefits are factored in the unfunded obligations of “out years.” Bottom line is that for those ALREADY RECEIVING benefits, the accrued debt exceeds $50 Trillion….yes, that’s right….50 Trillion dollars. Sorry ‘bout that. Now have a nice weekend.

  

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