GeoPolitical Economic Financial Trends in Perspective
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This is shorter than it is sweet, yet it should be just as easy to serve to connect the dots …as it is easy to see how higher priced commodities (…namely escalating oil and gasoline prices) represent a significant quasi tax-like burden. So, in the same light, what I am about to discuss should be equally easy to see how such (like rising oil and gas prices) also poses a significant threat to drag down a healthy economic recovery …all the more …along with the detrimental affects which are associated with a rise in commodity prices.
So, in like fashion, what I am discussing today, will only serve to highlight the exasperating affects of the above commodity-driven affects’ drag on the economy and …moreover …do so in an additive fashion …rather much like explaining and warning of a more real, clear and present danger’s approach.
Taken together these two real threats pose a significant real punitive tax which is now …as it has been …currently working to threaten recovery …pretty much undetected and unchecked …right under our very noses.
And whether or not these threats are taken separately or aggregately …both, when taken together …will combine to form and work together …as a single matter’s impact …forming a double taxation whose hikes, which …when combined will essentially threaten to erode and reduce expendable discretionary personal income …hampering a badly needed healthy economic recovery.
I do not mean to be pessimistic, but the cards have already been stacked against those who have pretty much have chosen to ignore the facts at the …city, county and state-wide levels of government …that is of course …until recently …as can be evidenced by the forces aligning themselves for the real clash in 2012.
Yet, in spite of what appears to be two eight hundred pound gorillas in the room, Americans have been unwilling to take up the conversation at, in and upon the stages of more locally oriented state-wide levels …and; as such, sadly …a less prudent reason has more than all but avoided a more sobering conversation whose time is long over due.
The Demise of QE-2
Oh, Really?
Speculation and QE-2 Go together like a horse and buggy.
Or was that …like a 1.64 Trillion Dollar deficit and a rather conflicted Federal Reserve?
Or was that like a 3.7 Trillion Dollar Budget and a rather conflicted Congress?
In view of the administration’s disdain for the express will of the people such as became manifest and more than abundantly clear last November…the question remains as to whether or not QE-2 is to go …or stay and become supplanted by what may become QE-3 is anybody’s question …or is it?
Unlike what would otherwise be like a deep black secret …the demise of QE-2 is anything but …beyond top-secret.
Instead, whether QE-2 is to stay or go …is something which Federal Reserve Chairman Ben Bernanke is not surprisingly …now, more than less …obligated to disclose openly to the likes of Congress …namely, to satisfy the likes of a more than entitled curiosity …the itchy ears …of the likes of those of Senator Ron Pall not withstanding.
The following are two crisis words.
And …if there ever were two words today which have crisis written all over them …they are those uttered in Congress today!
The following two words which were those spoken loud, strong and clear.
The words were part of an address which characterized U.S. Public Debt as “…unsustainable debt …â€
These two words came from The chairman of The Federal Reserve …Ben Bernanke today as the chairman spoke before members of The Senate Banking Committee.
Curiously, what I personally find as being less than sad is Congress’ lack of regard and esteem for tens of millions of voters who …last November, went to the pools to voice their collective, unified singleness of purpose.
By this Ben Bernanke was merely reaffirming the validity of the American voters who sent this massage earlier this last November.
Why should either the President and or Congress need one more man’s word to make the spirit of America’s will any more exact and any more unmistakably clearer?
As such, these two word’s stark reason and reality stand as a slap in my face …all in light of the light-weight approach to this administration’s budget proposal and the Republican-sponsored meager spending cut’s initial proposals.
Such as November’s voice was, such a will can not be allowed to be summarily swept under the rug …dismissed and otherwise marginalizing the will of the American people.
And while bad habits are easily learned and obtained; they are not so easily worked free from …in reversing their affects’ impacts.
These take prayer and fasting.
Take a rather strange lesson from an otherwise foreign focus and vision …one generated in mixing an atmosphere of strong necessity with one of equally strong discipline and regimented resolve.
That’s why the Germans have been rather more successful in adopting …with their engrained mind-set of discipline …a more prudent and reasonable rationale in their approach to borrowing limits …capping their annual budget deficits and public debt to correspond to certain guidelines which pertain to strict percentage-based guidelines of their economy’s actual performance …foregoing the urge to bet on the come …as it were …as hope seems to have become warped here in America.
This more responsible sort of balanced approach to fiscal due diligence and disciplined oversight of the budget processes returns a service to the people of Germany which kind of reminds me of the purpose which the President’s Pay Czar was intended to serve …
…Namely that of accountability …in light of an emphasis which was supposed to be centered about openness and clarity.
The three year anniversary marking the release and launch of Obama campaign slogan rhetoric; “Yes We Can!” is quickly approaching and one thing America has realized is…
No We Can’t!!!
The following is the result of looking for data to support and build my case in a recent real estate tax protest I have filed.
Before you open the link below, read the following short explanation below first.
The following is a look at one of the 20 Metropolitan components which make up the Case-Shiller SPCS20R Housing Price Index. The SPCS20R is a 20-city composite index comprised of 20 major metropolitan areas in the U.S.
The index reflects upon the overall movement of housing prices across the nation in these twenty areas.
Preventive health medicine should reduce the need to treat and cure the patient, but today, there seems to be great focus and emphasis in treating the symptom rather than the patient and or their illness.
Now, is the time to earnestly make serious and long lasting improvements which will impact the quality of care, service and cost of how health care is provided here in America.
But more importantly, it will emphasize the strength of recognizing the importance of the individual and the freedom to choose wisely in view of the certain consequences when one fails to both have the opportunity and also fails to take what opportunities are available.
The profit motive seems to have caused a conflict as well as a distinct disconnect such that the medicine practiced today promises as much side affects as it does promise to the patient …especially when patients become overmedicated.
No disrespect intended, but if we choose to treat, take and make healthcare as much of a shipwreck as we did our housing, banking and financial systems as of late …then we are most assuredly on a fast track to certain failure …one which our forefathers sought to avoid by taking every one of the means, ways, and responsibilities which were available and also necessary at the time.
Based upon a letter written on Tuesday, February 5th 2008 Friday, January 07th, 2011 Final Revision: Sunday January, 9th, 2011 I offer my deepest sympathies to the […]