Sunday, July 20, 2014

I Think I've Figured It Out.

In the last post I said something didn't feel right about our economic outlook and I'd get back to you when I figured it out. Well I think I've got it.

I am constantly watching the water level in our economic dam and over the last 6 years there has always been one thing or another that threatened to overflow that economic dam. How we have managed to not suffer more economic damage than we have to this point has been very successfully hidden. There has recently been a lot of rain in the mountains ( trouble in the world ) and nothing is being done to keep all that water from not only flooding our economic dam but breaking it.

Our southern border in being overrun and nothing is being done.

Israel is fighting for it's life and our president is blaming them for starting the fight.

We armed and trained the terrorist that are taking over Iraq and nothing is being done.

Putin has murdered 298 people by shooting down an airliner and nothing is being done.

Obama said if Iran didn't meet the dead line for shutting down nuclear enrichment he would be the first one to put more sanctions on Iran and now he wants to give them a 4 month extension.

Our economy still sucks and nothing is being done.

Eric Holder has expanded Operation Choke Point to unimagined levels and no one says anything.

The Fed chair woman is experimenting with reverse repo re-discount rates and no one cares.

Europe has become so timid they can't get out of their own way.

And the U.S. population is too stupid to see the warning signs.

This is all coming to an end real soon - watch the stock market next week and maybe you will get some sense of the urgency you should have right now.

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