When I first created my blog, I wanted to share my opinion on known issues, and not known issues that I felt America would have to fix in order to advance as a society. I also wanted to post articles I have written for newspapers so everyone could have the chance to read them. At first, at most I would get would be 10 viewers a day. I never thought it would become this popular (several hundred views a day now) and I hope it becomes more popular in the following months and years to come. I'm sorry I haven't posted many articles as I would like, however, I have been extremely busy with my Senior year in High School and applying to Colleges. I started writing before about politics before High School, and can't believe it has all ready been four years.
The first article I want to talk about is the prediction on the 2010 elections. I don't want to brag, but, it appears I pretty much nailed the Senate and House predications, even closer than some media and polling predictions. For some odd reason, I get lucky in political predictions. My other "correct guesses" was I thought John Edwards would be the VP nominee in '04, and I guessed Sarah Palin would be the VP nominee in April of 2008.
While the elections are historic, and sent a message (to some, we learned how stubborn the other politicians are) to Washington and America about the legitimacy of Tea Party. This should be a "pat on the back" not a time for a celebration because we still have massive challenges that threaten our nation both foreign and domestic. In 2012 we still have a ton of work to do to replace the established politicians.
Second article, was the first "professional" (third post) I ever wrote on this blog about the Drug War in Mexico and The War on Our Boarder. It's sad to see the Federal Government claim the southern boarder is the most secure it has ever been and to see the measures they are taken at our Airports, yet, leaving our "Southern Door" wide open and sue a state trying to fix the problem. It appears Texas is finally trying to do something because today Fox News published an article showing how Texas is using special forces to combat the Drug Cartels, calling this A WAR (the boarder is more dangerous than Iraq right now) and even called this America's Third War.
A year and half ago, I was labeled a "fear monger"and that was I saying "crazy stuff" that somehow this Drug War would spill into the United States. Now, signs in Arizona warning of Drug Cartels violence 80 MILES NORTH OF THE BOARDER. If the Federal Government doesn't send in the military into Mexico to fight the Cartels, maybe Boarder States will have to send in their national guard to protect its citizens. It sounds crazy now, and probably isn't legal, however, the current path has to change before it's a huge issue, and as it sounded crazy a year ago the Drug War would be on our side of the boarder, I bet this time next year, Boarder States will be discussing all options to stop the Drug War in Mexico and the Illegal aliens entering the country.
The last article, is another recent one about the United States Monetizing Its Debt. This is arguably the greatest threat to our Country. With a massive debt (approximately 96% of our GDP), The Federal Reserve as pumped trillions of dollars (not backed by Gold or anything) to "stimulate" the economy and now is printing money to pay for our debt. Inflation was soon to come, and it all ready is. The UN warns food prices could rise 20% next year, and that Wheat and Corn have risen over 40%. Corn prices will have huge impacts on Gas Prices (Ethanol) and Meat/Dairy products (What the animals eat) let alone Corn itself for people to buy. Dairy prices have also risen by about 30% and a Wal-Mart secret poll indicates inflation is all ready here, and will continue to be a problem.
In addition to all of that, The Dollar will probably lose 20% or more of its value over the next few years.
What all of this means, is rough times are ahead. We have to be prepared, suffer the consequences, and make sure future generations (mine, and my children's generation) can at least prosper and learn to never make the same Progressive mistakes again. It's a great time of year with Thanksgiving and Christmas coming soon. Spend time with your family, and say a prayer for our country, because we need all the help we can get.
Christian
Sources:
Discussing issues that The United States face both foreign and domestic. A Non-partisan viewpoint where we believe in right and wrong not right and left, hopefully forming a more UNITED States of America.
Thursday, November 18, 2010
Friday, October 29, 2010
2010 Election Predictions
The 2010 elections seems to be one that will go down in history as one of the most significant, if not the most significant election in our lifetime. Up to 100 seats in the House of Representatives are in play, virtually all currently held by a democrat. I don't think Republicans will win all of them, however, at this point it's virtually a given that in late January 2011, the Speaker of the House will be Ohio Congressman John Boehner.
In the senate, it's a much more difficult predication. With the once "filibuster proof" majority Democrats had, (until Senator Brown from Massachusetts had a say in that) it still seemed nearly impossible Republicans could regain the Senate. It now appears they could reclaim the senate, and possibly gain 10 or more seats.
My Prediction:
In the House of Representatives, Republicans will gain 60-85 seats giving them roughly a 20-45 seat majority. John Boehner will be Speaker of the House. Since all seats in the house are in play (every two years they are) I won't make a prediction on who win's in a particular district, but, I do have some seats I will be watching on Tuesday evening, later in the article.
In the Senate, it's too close to call who will have the majority. The control will be within the range of 47-53 which means I predict at least 6 pickups for Republicans, and possibly up to 12, however, I have no idea who will be in charge of the Senate in late January. Democrats have the advantage in controlling the Senate, but, the GOP could control it too.
What Seats to Watch For On Tuesday:
In the Senate, here are the big races I'll be watching. Note: (*) indicate incumbents, (~) indicates seat held by that candidates party.
1. Reid (D)* vs Angle (R) Nevada
Talk about a power shakeup. It would show the true power of the Tea Party Movement if the Tea Party endorsed, Sharron Angle, defeats the number 1 Democrat in the Senate. Also watch for voter fraud by SEIU and the voting machines. As I reported via twitter, SEIU controls the voter machines in Nevada.
2. Toomey (R) vs Sestak (D)~ PA, Murray (D)* vs Rossi (R) WA, Manchin (D)~ vs Raese WV
The reason why all three of these races are tied for second place is because, if the GOP wants to have a chance to control the Senate, it needs to win all three of them. If they lose WV or PA early into the evening, then the Senate will probably be in Democratic control. If the GOP win these three, the next important race would be Boxer (D)* vs Fiorina (R) in California for the control of the Senate.
Best of the Rest: Miller (R)~ vs McAdams (D) vs Murkowski (Write In)*
On Wednesday, this seat will be won by a Republican, the question remains who? The fiscally conservative, and primary victorious Joe Miller, or the moderate Lisa Murkowski, who daddy gave the seat to her, and it appears she just can't give it up yet.
Honorable Mentions: Florida (another person couldn't stand to lose his control. Say hello to new Senator Rubio, he'll be a name to remember), Connecticut (probably will be won by Democrats), and Delaware (again, probably a Democratic victory).
House of Representatives:
1. Grijalva (D)* vs Mcclung (R) Arizona 7
If the long time progressive Congressman Raul Grijalva loses his seat to the young Ruth McClung, that would be interesting.
2. Frank (D)* vs Bielat (R) Massachusetts 4
It's going to be a really long night for Democrats, if the congressman who ruined the economy, yet, can blame it on everyone else loses his liberal district. Republicans may win over 100 seats if they win this one.
3. Perlmutter (D)* vs Frazier (R) Colorado 7
The fairly new district was originally held by a Republican, but has be in control by the Democrats since. This district surrounds Denver and goes East into Adams County. The district seems to mostly be however, Ryan Frazier is holding a slight lead. If Ryan wins, remember that name. He could be the "Marco Rubio" of the House.
Best of the Rest: I'll just quote Geroge F. Will's Article:
Wild Card:
Don't forget, most politics is local, and with the 2010 Census, most, if not all districts will change by 2012, so local is just as important as national. The one "local" election I'll be watching will be the Gubernatorial election in Colorado.
Tom Tancredo, entered the race as a third party candidate (American Constitutional Party) claiming Republican Dan Maes, and John Hickenlooper were far too liberal. Tancredo almost guaranteed a Democratic victory because he started by polling with 13% voting, most being taken away from Maes. Now, Tancredo is in second with 42% of the vote, 5 points behind Hickenlooper at 47% (Maes at 5%) via Rasmussen.
Can another fiscally conservative candidate pull it off, or will it be another NY-23 from 2009?
Final Word:
These elections will send a clear message to Washington. We are tired of lies, bribes, massive debt, and false Hope and Change. I'm exactly 1 month shy of being eligible to vote this cycle, however, this is probably the most important mid-term election ever. Voter fraud is out of control, and people seem desperate to stay in power. Our country is at stake, and Republicans taking over will not solve the problem. We have to hold every politician accountable, if we are to restore the Republic.
Christian N.
Follow me on Twitter to get live results on the elections on Tuesday, and other political coverage.
Sources:
In the senate, it's a much more difficult predication. With the once "filibuster proof" majority Democrats had, (until Senator Brown from Massachusetts had a say in that) it still seemed nearly impossible Republicans could regain the Senate. It now appears they could reclaim the senate, and possibly gain 10 or more seats.
My Prediction:
In the House of Representatives, Republicans will gain 60-85 seats giving them roughly a 20-45 seat majority. John Boehner will be Speaker of the House. Since all seats in the house are in play (every two years they are) I won't make a prediction on who win's in a particular district, but, I do have some seats I will be watching on Tuesday evening, later in the article.
In the Senate, it's too close to call who will have the majority. The control will be within the range of 47-53 which means I predict at least 6 pickups for Republicans, and possibly up to 12, however, I have no idea who will be in charge of the Senate in late January. Democrats have the advantage in controlling the Senate, but, the GOP could control it too.
What Seats to Watch For On Tuesday:
In the Senate, here are the big races I'll be watching. Note: (*) indicate incumbents, (~) indicates seat held by that candidates party.
1. Reid (D)* vs Angle (R) Nevada
Talk about a power shakeup. It would show the true power of the Tea Party Movement if the Tea Party endorsed, Sharron Angle, defeats the number 1 Democrat in the Senate. Also watch for voter fraud by SEIU and the voting machines. As I reported via twitter, SEIU controls the voter machines in Nevada.
2. Toomey (R) vs Sestak (D)~ PA, Murray (D)* vs Rossi (R) WA, Manchin (D)~ vs Raese WV
The reason why all three of these races are tied for second place is because, if the GOP wants to have a chance to control the Senate, it needs to win all three of them. If they lose WV or PA early into the evening, then the Senate will probably be in Democratic control. If the GOP win these three, the next important race would be Boxer (D)* vs Fiorina (R) in California for the control of the Senate.
Best of the Rest: Miller (R)~ vs McAdams (D) vs Murkowski (Write In)*
On Wednesday, this seat will be won by a Republican, the question remains who? The fiscally conservative, and primary victorious Joe Miller, or the moderate Lisa Murkowski, who daddy gave the seat to her, and it appears she just can't give it up yet.
Honorable Mentions: Florida (another person couldn't stand to lose his control. Say hello to new Senator Rubio, he'll be a name to remember), Connecticut (probably will be won by Democrats), and Delaware (again, probably a Democratic victory).
House of Representatives:
1. Grijalva (D)* vs Mcclung (R) Arizona 7
If the long time progressive Congressman Raul Grijalva loses his seat to the young Ruth McClung, that would be interesting.
2. Frank (D)* vs Bielat (R) Massachusetts 4
It's going to be a really long night for Democrats, if the congressman who ruined the economy, yet, can blame it on everyone else loses his liberal district. Republicans may win over 100 seats if they win this one.
3. Perlmutter (D)* vs Frazier (R) Colorado 7
The fairly new district was originally held by a Republican, but has be in control by the Democrats since. This district surrounds Denver and goes East into Adams County. The district seems to mostly be however, Ryan Frazier is holding a slight lead. If Ryan wins, remember that name. He could be the "Marco Rubio" of the House.
Best of the Rest: I'll just quote Geroge F. Will's Article:
Note: Information within [brackets] was added by me.-South Carolina Rep. John Spratt [SC-5], second-ranking Democrat on the House Armed Services Committee, is seeking a 15th term. Missouri Rep. Ike Skelton [D-MO 4], chairman of Armed Services, is seeking an 18th term. Texas Rep. Chet Edwards [TX-17], 13th-ranking Democrat on the Appropriations Committee, is seeking an 11th term. Minnesota Rep. James Oberstar [D-MN 8], chairman of the Transportation and Infrastructure Committee, is seeking a 19th term. In 2008, they won by 25, 32, 7 and 36 percentage points, respectively. In 2010, all are vulnerable, so voters in four districts could subtract 118 years of seniority.-For 55 years, Rep. John Dingell (D-Mich.) [15th District], 84, has occupied the seat his father held for 22 years before him. The son received 71 percent in 2008. His district includes Ann Arbor, which requires conservatives to leave town at sundown. (Just kidding. Sort of.) He beat his 2008 Republican opponent by 46 points. Dingell probably will win while setting the 2010 record for the largest shrinkage of a 2008 majority.-Rep. Gene Taylor (D-Miss.) [4th District], who got 75 percent in 2008, voted against Obamacare and is the only Democrat who has signed the discharge petition that would allow the House to vote on repealing the law. He lost his house to Hurricane Katrina and may lose his quest for a 12th term.-Rep. John Salazar (D-Colo.) [3rd District], whose younger brother was a Colorado senator before becoming interior secretary, won in 2008 by 22 points. In Congress, Salazar has opposed cap-and-trade and TARP and supports a one-year extension of all the Bush tax cuts. The National Rifle Association has endorsed him. Nevertheless, he may lose.
Wild Card:
Don't forget, most politics is local, and with the 2010 Census, most, if not all districts will change by 2012, so local is just as important as national. The one "local" election I'll be watching will be the Gubernatorial election in Colorado.
Tom Tancredo, entered the race as a third party candidate (American Constitutional Party) claiming Republican Dan Maes, and John Hickenlooper were far too liberal. Tancredo almost guaranteed a Democratic victory because he started by polling with 13% voting, most being taken away from Maes. Now, Tancredo is in second with 42% of the vote, 5 points behind Hickenlooper at 47% (Maes at 5%) via Rasmussen.
Can another fiscally conservative candidate pull it off, or will it be another NY-23 from 2009?
Final Word:
These elections will send a clear message to Washington. We are tired of lies, bribes, massive debt, and false Hope and Change. I'm exactly 1 month shy of being eligible to vote this cycle, however, this is probably the most important mid-term election ever. Voter fraud is out of control, and people seem desperate to stay in power. Our country is at stake, and Republicans taking over will not solve the problem. We have to hold every politician accountable, if we are to restore the Republic.
Christian N.
Follow me on Twitter to get live results on the elections on Tuesday, and other political coverage.
Sources:
- http://img715.imageshack.us/img715/7671/votingbooth.jpg
- http://www.rasmussenreports.com/public_content/politics/elections/election_2010/election_2010_governor_elections/colorado/election_2010_colorado_governor
- http://www.washingtonpost.com/wp-dyn/content/article/2010/10/29/AR2010102905734.html
Note: Article edited on 10/31 at 11:30 pm to include other elections from George F Will's article
Friday, October 22, 2010
Juan Williams and NPR
This week has been filled with controversy when NPR fired Juan Williams for comments he made on the O'reilly Factor:
Then NPR President and CEO, Vivian Schiller, says Juan's comments should be between him and his Psychiatrist:
NPR also basically claimed that he was fired for sharing his opinion, however, that was what he was hired to do for over the past ten years while working for NPR. Now NPR has NO African American Journalists, talk about racism, yet they accuse Mr. Williams of being a bigot. Fortunately, Juan Williams, now has an expanded role with Fox News.
Almost everyone has said this was a horrible move by NPR, including Whoopi Goldberg. Clearly NPR wanted to get rid of Juan Williams because he sometimes appeared on Fox News. I disagree with Juan on most issues, however, respect him. He never personally attacked anyone, and he always wanted an honest conversation, which he was doing when sharing his opinion about flying with Muslims.
NPR should lose its federal funding. Besides, George Soros is helping fund NPR anyway. It is sad that our country has gone to this "level" of political correctness, and if we are going to advance as a society, and solve major issues on a scale we have never scene, we need honest debates and discussions, not being politically correct to dodge the issues we face.
Author Note: Sorry I have not posted on here recently, I have been busy in my Senior year in High School and applying for colleges. I will have another article out soon with my prediction for November 2.
Christian
Then NPR President and CEO, Vivian Schiller, says Juan's comments should be between him and his Psychiatrist:
NPR also basically claimed that he was fired for sharing his opinion, however, that was what he was hired to do for over the past ten years while working for NPR. Now NPR has NO African American Journalists, talk about racism, yet they accuse Mr. Williams of being a bigot. Fortunately, Juan Williams, now has an expanded role with Fox News.
Almost everyone has said this was a horrible move by NPR, including Whoopi Goldberg. Clearly NPR wanted to get rid of Juan Williams because he sometimes appeared on Fox News. I disagree with Juan on most issues, however, respect him. He never personally attacked anyone, and he always wanted an honest conversation, which he was doing when sharing his opinion about flying with Muslims.
NPR should lose its federal funding. Besides, George Soros is helping fund NPR anyway. It is sad that our country has gone to this "level" of political correctness, and if we are going to advance as a society, and solve major issues on a scale we have never scene, we need honest debates and discussions, not being politically correct to dodge the issues we face.
Author Note: Sorry I have not posted on here recently, I have been busy in my Senior year in High School and applying for colleges. I will have another article out soon with my prediction for November 2.
Christian
keywords:
Fox News,
Juan Williams,
Juan Williams fired,
NPR,
Vivian Schiller
Thursday, August 12, 2010
United States Monetizing Its Debt
This could possibly be the scariest news in United States history as The Federal Reserve announced it would be monetizing its debt. What this means is that we are now buying our own debt. How can we do that? Essentially the United States treasury prints the money (because we don't have money, were in debt, AND the currency isn't backed by anything such as gold) and the Federal Reserve buys the Government debt with "Monopoly" Money.
This Video helps explain the situation (go to 5:45):
It has never worked in the past, why will it work now? It won't, and hyperinflation is bound to come from this. All you need to do is look up the Weimar Republic as they did the exact same thing as the Federal Reserve announced. Here is what PBS says about Weimar Republic's Hyperinflation:
http://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_germanhyperinflation.html
This is what also happened in Zimbabwe (which I have a $50 billion Zimbabwe tender, it will not even buy you a soda in Zimbabwe) and it could be coming to America very soon, unless The Federal Reserve can remove all the "monopoly money" it uses to buy the debt, but odds of that happening are very slim if not nil.
Sources:
This Video helps explain the situation (go to 5:45):
It has never worked in the past, why will it work now? It won't, and hyperinflation is bound to come from this. All you need to do is look up the Weimar Republic as they did the exact same thing as the Federal Reserve announced. Here is what PBS says about Weimar Republic's Hyperinflation:
Before World War I Germany was a prosperous country, with a gold-backed currency, expanding industry, and world leadership in optics, chemicals, and machinery. The German Mark, the British shilling, the French franc, and the Italian lira all had about equal value, and all were exchanged four or five to the dollar. That was in 1914. In 1923, at the most fevered moment of the German hyperinflation, the exchange rate between the dollar and the Mark was one trillion Marks to one dollar, and a wheelbarrow full of money would not even buy a newspaper. Most Germans were taken by surprise by the financial tornado.
"My father was a lawyer," says Walter Levy, an internationally known German-born oil consultant in New York, "and he had taken out an insurance policy in 1903, and every month he had made the payments faithfully. It was a 20-year policy, and when it came due, he cashed it in and bought a single loaf of bread." The Berlin publisher Leopold Ullstein wrote that an American visitor tipped their cook one dollar. The family convened, and it was decided that a trust fund should be set up in a Berlin bank with the cook as beneficiary, the bank to administer and invest the dollar.
In retrospect, you can trace the steps to hyperinflation, but some of the reasons remain cloudy. Germany abandoned the gold backing of its currency in 1914. The war was expected to be short, so it was financed by government borrowing, not by savings and taxation. In Germany prices doubled between 1914 and 1919.
After four disastrous years Germany had lost the war. Under the Treaty of Versailles it was forced to make a reparations payment in gold-backed Marks, and it was due to lose part of the production of the Ruhr and of the province of Upper Silesia. The Weimar Republic was politically fragile.
But the bourgeois habits were very strong. Ordinary citizens worked at their jobs, sent their children to school and worried about their grades, maneuvered for promotions and rejoiced when they got them, and generally expected things to get better. But the prices that had doubled from 1914 to 1919 doubled again during just five months in 1922. Milk went from 7 Marks per liter to 16; beer from 5.6 to 18. There were complaints about the high cost of living. Professors and civil servants complained of getting squeezed. Factory workers pressed for wage increases. An underground economy developed, aided by a desire to beat the tax collector.
On June 24, 1922, right-wing fanatics assassinated Walter Rathenau, the moderate, able foreign minister. Rathenau was a charismatic figure, and the idea that a popular, wealthy, and glamorous government minister could be shot in a law-abiding society shattered the faith of the Germans, who wanted to believe that things were going to be all right. Rathenau's state funeral was a national trauma. The nervous citizens of the Ruhr were already getting their money out of the currency and into real goods -- diamonds, works of art, safe real estate. Now ordinary Germans began to get out of Marks and into real goods.
Pianos, wrote the British historian Adam Fergusson, were bought even by unmusical families. Sellers held back because the Mark was worth less every day. As prices went up, the amounts of currency demanded were greater, and the German Central Bank responded to the demands. Yet the ruling authorities did not see anything wrong. A leading financial newspaper said that the amounts of money in circulation were not excessively high. Dr. Rudolf Havenstein, the president of the Reichsbank (equivalent to the Federal Reserve) told an economics professor that he needed a new suit but wasn't going to buy one until prices came down.
Why did the German government not act to halt the inflation? It was a shaky, fragile government, especially after the assassination. The vengeful French sent their army into the Ruhr to enforce their demands for reparations, and the Germans were powerless to resist. More than inflation, the Germans feared unemployment. In 1919 Communists had tried to take over, and severe unemployment might give the Communists another chance. The great German industrial combines -- Krupp, Thyssen, Farben, Stinnes -- condoned the inflation and survived it well. A cheaper Mark, they reasoned, would make German goods cheap and easy to export, and they needed the export earnings to buy raw materials abroad. Inflation kept everyone working.
So the printing presses ran, and once they began to run, they were hard to stop. The price increases began to be dizzying. Menus in cafes could not be revised quickly enough. A student at Freiburg University ordered a cup of coffee at a cafe. The price on the menu was 5,000 Marks. He had two cups. When the bill came, it was for 14,000 Marks. "If you want to save money," he was told, "and you want two cups of coffee, you should order them both at the same time."
The presses of the Reichsbank could not keep up though they ran through the night. Individual cities and states began to issue their own money. Dr. Havenstein, the president of the Reichsbank, did not get his new suit. A factory worker described payday, which was every day at 11:00 a.m.: "At 11:00 in the morning a siren sounded, and everybody gathered in the factory forecourt, where a five-ton lorry was drawn up loaded brimful with paper money. The chief cashier and his assistants climbed up on top. They read out names and just threw out bundles of notes. As soon as you had caught one you made a dash for the nearest shop and bought just anything that was going." Teachers, paid at 10:00 a.m., brought their money to the playground, where relatives took the bundles and hurried off with them. Banks closed at 11:00 a.m.; the harried clerks went on strike.
The flight from currency that had begun with the buying of diamonds, gold, country houses, and antiques now extended to minor and almost useless items -- bric-a-brac, soap, hairpins. The law-abiding country crumbled into petty thievery. Copper pipes and brass armatures weren't safe. Gasoline was siphoned from cars. People bought things they didn't need and used them to barter -- a pair of shoes for a shirt, some crockery for coffee. Berlin had a "witches' Sabbath" atmosphere. Prostitutes of both sexes roamed the streets. Cocaine was the fashionable drug. In the cabarets the newly rich and their foreign friends could dance and spend money. Other reports noted that not all the young people had a bad time. Their parents had taught them to work and save, and that was clearly wrong, so they could spend money, enjoy themselves, and flout the old.
The publisher Leopold Ullstein wrote: "People just didn't understand what was happening. All the economic theory they had been taught didn't provide for the phenomenon. There was a feeling of utter dependence on anonymous powers -- almost as a primitive people believed in magic -- that somebody must be in the know, and that this small group of 'somebodies' must be a conspiracy."
When the 1,000-billion Mark note came out, few bothered to collect the change when they spent it. By November 1923, with one dollar equal to one trillion Marks, the breakdown was complete. The currency had lost meaning.
What happened immediately afterward is as fascinating as the Great Inflation itself. The tornado of the Mark inflation was succeeded by the "miracle of the Rentenmark." A new president took over the Reichsbank, Horace Greeley Hjalmar Schacht, who came by his first two names because of his father's admiration for an editor of the New York Tribune.The Rentenmark was not Schacht's idea, but he executed it, and as the Reichsbank president, he got the credit for it. For decades afterward he was able to maintain a reputation for financial wizardry. He became the architect of the financial prosperity brought by the Nazi party.
Obviously, though the currency was worthless, Germany was still a rich country -- with mines, farms, factories, forests. The backing for the Rentenmark was mortgages on the land and bonds on the factories, but that backing was a fiction; the factories and land couldn't be turned into cash or used abroad. Nine zeros were struck from the currency; that is, one Rentenmark was equal to one billion old Marks. The Germans wanted desperately to believe in the Rentenmark, and so they did. "I remember," said one Frau Barten of East Prussia, "the feeling of having just one Rentenmark to spend. I bought a small tin bread bin. Just to buy something that had a price tag for one Mark was so exciting."
All money is a matter of belief. Credit derives from Latin, credere, "to believe." Belief was there, the factories functioned, the farmers delivered their produce. The Central Bank kept the belief alive when it would not let even the government borrow further.
But although the country functioned again, the savings were never restored, nor were the values of hard work and decency that had accompanied the savings. There was a different temper in the country, a temper that Hitler would later exploit with diabolical talent. Thomas Mann wrote: "The market woman who without batting an eyelash demanded 100 million for an egg lost the capacity for surprise. And nothing that has happened since has been insane or cruel enough to surprise her."
With the currency went many of the lifetime plans of average citizens. It was the custom for the bride to bring some money to a marriage; many marriages were called off. Widows dependent on insurance found themselves destitute. People who had worked a lifetime found that their pensions would not buy one cup of coffee.
Pearl Buck, the American writer who became famous for her novels of China, was in Germany in 1923. She wrote later: "The cities were still there, the houses not yet bombed and in ruins, but the victims were millions of people. They had lost their fortunes, their savings; they were dazed and inflation-shocked and did not understand how it had happened to them and who the foe was who had defeated them. Yet they had lost their self-assurance, their feeling that they themselves could be the masters of their own lives if only they worked hard enough; and lost, too, were the old values of morals, of ethics, of decency."
The fledgling Nazi party, whose attempted coup had failed in 1923, won 32 seats legally in the next election. The right-wing Nationalist party won 106 seats, having promised 100 percent compensation to the victims of inflation and vengeance on the conspirators who had brought it.Copyright © 1981 by George J. W. Goodman. All rights reserved.
http://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_germanhyperinflation.html
This is what also happened in Zimbabwe (which I have a $50 billion Zimbabwe tender, it will not even buy you a soda in Zimbabwe) and it could be coming to America very soon, unless The Federal Reserve can remove all the "monopoly money" it uses to buy the debt, but odds of that happening are very slim if not nil.
Sources:
Tuesday, June 29, 2010
Why President Barack Obama hates England
Today, we have learned why President Barack Obama hates the best ally the United States has ever had. President Obama has done some very strange things that an ally would not do to a friend. It first all started with Obama returning a bust of Winston Churchill that was given as a gift to the United States after the attacks of 9/11. Many people were puzzled by this, and it did somewhat confuse our closest ally as well.
Then, when Gordon Brown came over to the United States (the first time during the Obama Administration) he refused to have a joint press conference with him, and would not display British Flags during the meeting. Again, these are actions you simply do not do to an ally especially when hosting them in our country.
When allies meet, it is known that they give a gift to each other to show their friendship and heritage. Prime Minister Gordon Brown gave Obama a pen holder made from the wood of the anti-slave ship HMS Gannet. Some of the wood of the sister ship of the Gannet, the HMS Resolute, was made into a desk that is in the Oval Office, so Gordon Brown also gave a framed commission of the HMS Resolute. What does Prime Minister Gordon Brown get in return? A box of 25 DVD's that do not work in Europe, so essentially, they were useless. Michelle Obama also gave Marine One models for Brown's kids to have. Again, many people were puzzled by this.
Then, when President Obama travels across the pond to Great Britain, he gives the Queen of England, an iPod, which included his favorite songs, video clips of himself, and video clips of Queen Elizabeth II. People on both sides of the pond we saying this is a disgrace to the relationship of the each nation's closest ally.
Now, we finally know why this has ALL happened, just read this entire story from the Sunday Times written by Ben Macintyre and Paul Orengoh:
So what do you think of this information? Share your thoughts in the comments section.
-Christian N.
Sources:
Then, when Gordon Brown came over to the United States (the first time during the Obama Administration) he refused to have a joint press conference with him, and would not display British Flags during the meeting. Again, these are actions you simply do not do to an ally especially when hosting them in our country.
When allies meet, it is known that they give a gift to each other to show their friendship and heritage. Prime Minister Gordon Brown gave Obama a pen holder made from the wood of the anti-slave ship HMS Gannet. Some of the wood of the sister ship of the Gannet, the HMS Resolute, was made into a desk that is in the Oval Office, so Gordon Brown also gave a framed commission of the HMS Resolute. What does Prime Minister Gordon Brown get in return? A box of 25 DVD's that do not work in Europe, so essentially, they were useless. Michelle Obama also gave Marine One models for Brown's kids to have. Again, many people were puzzled by this.
Then, when President Obama travels across the pond to Great Britain, he gives the Queen of England, an iPod, which included his favorite songs, video clips of himself, and video clips of Queen Elizabeth II. People on both sides of the pond we saying this is a disgrace to the relationship of the each nation's closest ally.
Now, we finally know why this has ALL happened, just read this entire story from the Sunday Times written by Ben Macintyre and Paul Orengoh:
Barack Obama’s grandfather was imprisoned and brutally tortured by the British during the violent struggle for Kenyan independence, according to the Kenyan family of the US President-elect.
Hussein Onyango Obama, Mr Obama’s paternal grandfather, became involved in the Kenyan independence movement while working as a cook for a British army officer after the war. He was arrested in 1949 and jailed for two years in a high-security prison where, according to his family, he was subjected to horrific violence to extract information about the growing insurgency.
“The African warders were instructed by the white soldiers to whip him every morning and evening till he confessed,” said Sarah Onyango, Hussein Onyango’s third wife, the woman Mr Obama refers to as “Granny Sarah”.
Mrs Onyango, 87, described how “white soldiers” visited the prison every two or three days to carry out “disciplinary action” on the inmates suspected of subversive activities.
“He said they would sometimes squeeze his testicles with parallel metallic rods. They also pierced his nails and buttocks with a sharp pin, with his hands and legs tied together with his head facing down,” she said The alleged torture was said to have left Mr Onyango permanently scarred, and bitterly antiBritish. “That was the time we realised that the British were actually not friends but, instead, enemies,” Mrs Onyango said. “My husband had worked so diligently for them, only to be arrested and detained.”
Mr Obama refers briefly to his grandfather’s imprisonment in his best-selling memoir, Dreams from My Father, but states that his grandfather was “found innocent” and held only for “more than six months”.
Mr Onyango served with the British Army in Burma during the Second World War and, like many army veterans, he returned to Africa hoping to win greater freedoms from colonial rule. Although a member of the Luo tribe from western Kenya, he sympathised with the Kikuyu Central Association, the organisation leading an independence movement that would evolve into the bloody uprising known as the Mau Mau rebellion.
“He did not like the way British soldiers and colonialists were treating Africans, especially members of the Kikuyu Central Association, who at the time were believed to be secretly taking oaths which included promises to kill the white settlers and colonialists,” Mrs Onyango said.
In his book, Mr Obama implies that his grandfather was not directly involved in the anticolonial agitation, but his grandmother said that her husband had supplied information to the insurgents. “His job as cook to a British army officer made him a useful informer for the secret oathing movement which would later form the Mau Mau rebellion,” she said. The Mau Mau used oaths as part of their initiation ceremony.
Mr Onyango was probably tried in a magistrates’ court on charges of political sedition or membership of a banned organisation, but the records do not survive because all such documentation was routinely destroyed in British colonies after six years.
“To arrest a Luo ex-soldier, who must have been a senior figure in the community, is pretty serious. They must have had some damn good evidence,” said Professor David Anderson, director of the African Studies Centre at the University of Oxford and an authority on the Mau Mau rebellion.
The British responded to the Mau Mau uprising with draconian violence: at least 12,000 rebels were killed, most of them Kikuyu, but some historians believe that the overall death toll may have been more than 50,000. In total, just 32 European settlers were killed.There is more provided in the link, but now this all makes sense. British Colonists in Kenya tortured Barack Obama's grandfather, which explains why he has acted weird, and disrespectful to Great Britain and its Government, and possibly even British Petroleum in recent months because of the Gulf Oil Spill and forcing them to give $20 Billion to claims. He has disdain for what England has done to his family and he wants them to pay for their crimes. I can't necessarily blame him, but this is something that should have been brought up before the election, a failure on the mainstream media, and even bloggers, including myself.
So what do you think of this information? Share your thoughts in the comments section.
-Christian N.
Sources:
- http://www.timesonline.co.uk/tol/news/world/africa/article5276010.ece?token=null&offset=12&page=2
- http://www.woodlands-junior.kent.sch.uk/customs/questions/britain/uk.gif
- http://www.dailymail.co.uk/news/worldnews/article-1159627/To-special-friend-Gordon-25-DVDs-Obama-gives-Brown-set-classic-movies-Lets-hope-likes-Wizard-Oz.html
- http://www.telegraph.co.uk/news/worldnews/northamerica/usa/barackobama/4623148/Barack-Obama-sends-bust-of-Winston-Churchill-on-its-way-back-to-Britain.html
- http://www.nydailynews.com/news/politics/2009/04/01/2009-04-01_president_obama_gives_queen_ipod_loaded_-1.html
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