Posted on 11/09/2008 1:57:05 PM PST by Jack Black
DO YOU PEOPLE OUT THERE HAVE ANY NOTION OF THE PESTILENCE YOU HAVE CALLED UPON OUR HEADS?
...
Bottom line on the obama effect:
1. Israel is now alone: Unless you believe the Israelis will rely on someone who entered Pakistan on an Indonesian passport as an adult for its security.
War with Iran by Israelis inevitable. Same will never be approved by the Dalibama. Israel must act alone or accept an Iranian Nuclear presence. I don’t believe an existensial threat of this type will be accepted by the Holocaust survivors, and I can’t blame them for feeling this way. Middle East War soon.
2. Dollar collapse by summer now assured. If you thought Bushes economic management incompetant, and it is; wait till you see Waxman, Barney Frank, Pelosi and Harry Reid and Obama and what they will do.
Think “Franklin Raines” multiplied 100 times.
3. Nationalize 401K’s. Won’t work, but guarantees no more savings in America. Bank runs will come sooner rather than later. They will close the banks. When they reopen your account balance will be missing a zero. Or do you think the Government will pay 4 trillion dollars in deposits in cascading bank defaults?
4. Raise Taxes of ALL types. Income, capital gains, excise: Same effect. No capital formation, no savings and, of course, lower Tax revenues. Depression assured.
5. Weaker Military: International Predators will fill the power vacuum. Wars will break out. I am divided on this one. One wonders whether the US military if commanded by Obama, to be deployed abroad, and broke.
6. Gun Control: Restive population will react, negatively. NO one will turn in firearms. Arms will abound.
7. More Government Controls on movement, money, everything.
But With no money to enforce its edicts, there will be corruption in the federal ranks. We will become a country of “Who you know”.
And, to some degree local federal protection rackets.
Government legitimacy already low, will dissipate further. We will start looking like a third world country. If Obama is around long enough, we will look like Kenya, and if he is around long enough , Zimbabwe.
Remember he supported Odingo in Kenya, and odingos atrocities, so we know obamas political bent if he can get away with it.
8. Higher Gas and other commodity prices. You think the Democrats will give anyone a permit to dig or Drill? They will relegislate the 1879 Mining act into the nonmining act of 2010.
No one in the US will even know what I am talking about. But They will know higher prices for coal, and any and all other minerals drawn from the ground. There will be no money to import it, so prices will skyrocket.
Inflation, and severely reduced standards of living will be accelerated by the Obama administration on anyone making less than 1,000,000 a year.
9. Scandal: There will be a hundred “new”Franklin Raines in Government. People with the intellect of Sharpton, Jesse Jackson, and Calypso Louie Farrakhan. All of whom live in Obama’s neighborhood. Bill ayers archtypes will run things. It will be a mess. Again, lower expectations for and less legitimacy of the Central Government.
10. Black peoples raised expectations of “free Gas, free Mortgage “ as expressed by one typical voter will be dashed. There is No money. There are only more debt instruments to be sold into markets awash in debt intruments.
Sure the Social security and retirement checks will go out, but they will purchase 1/2 of what they do today.
Same for medicare, Medicaid, Government housing, Foodstamps.
You will get “Free” medical care. Just no doctor or medicine. Yet, these expenditures will go through the roof. Yearly deficits will now go to 1 trillion 2008, 2 trillion 2009.
Who will lend the money? No one. It will be printed.
Treasury quarterly refundings will have no bids at interest rates twice present levels by the summer of 2009. AT double , that is 400 basis points more, and then triple is 800 basis points more, in interest payments on US Debt.
US Interest payments on 12- 13 trillion in debt ALOne will cost another 1-2 trillion dollars 2 years before Obama leaves Office. within 24 months He will be very, very busy just trying to keep the Government open for business on a quarterly, then monthly, then weekly basis.
I predict there will never be an annual budget resolution in Congress during Obama’s term. Sounds dire, yes? A truly whacked out prediction? I am crazy, yes?
Actually it is an easy prediction to make. As it has already happened. We are in such straits now.
We are on a continuing resolution for Government operations until March 2009. So there will be no planning as budgets will have no annual beginning, nor fiscal year end, Ever again in the history of the treasury department of the United states.
All the above guarantees a hyper inflationary depression.
When empires implode their commodity lifelines are cut.
Especially debt based empires, with no manufacturing base.
Obama will be forced to surrender the nation or go to War. He doesn’t strike me as one worth following in either event.
My personal opinion is he really won’t be able to decide what to do or even handle the stress of the decision making process. His habit and practice and established tendency is to vote “Present”.
For perspective, he will make Carter and Mcgovern look strong.
Such weakness tempts this country’s strategic competitors to put him and this nation against the wall. What a place to be and led by this clown? it really is over. Would you fight for him? Would you give him your child to fight? Get real, few will give him anything but the finger he so enjoys giving others.
11. The US will now agree to the law of the Sea, the sovereignity of International courts, non us based Central banking, a supreme court subject to being overruled by the UN; in short serious moves will be made to end US sovereignity both domestic and international.
Obama has stated he favours all of this and so does the present leadership of congress. The vaccinated, floridated, publicly educated, American people don’t know what I am talking about in this paragraph.
It will happen. Interstingly, I don’t think the rubes who voted for this guy will care,the ones that understand that is, the implications, even as their wages decline to minimum wage or less.
I think those that understand will approve of tolerating those intolerant of their very existence; and of that of the US as a Constitutional republic.
We have now reached the tipping point where a rapidly declining middle class can no longer even vote to keep itself in existence; and keep what little it has from being redistributed to those who do not produce.
The middle class will be snuffed out. There will be rich and poor and no more.
11. National bankruptcy, previously inevitable, now will occur much more rapidly.
Obama is the Banksters creation he is happy to sell the nation out to the international bankers.
The treasury will fund at the Taxpayers expense the greatest increase in national debt ever, even bigger than Bush.
It will primarily be used to fund the Banksters purchase of entire industries , their stock and troubled bonds, at 10% of their actual value. The taxpayers will be left with the bill. Massively increased concentration of business, banking, insurance, etc in fewer and fewer hands will now occur.
You will be allowed to sweep floors, if you sweep faster than the other forty who applied for the job and for less than minimum wage. If you don’t believe me, it can only be because you have never been to or lived in a third world country. I have met so many university degreed taxi drivers in such lands I lost count long ago.
12. The American people elected him. They will get what they deserve.
The religionists will say the suffering emanates from legalized abortion, homosexuality, and pornography. I think such contentions highly controversial, and inconclusive as national bankruptcy approacheth regardless and it matters not a wit at this point whether such moral quandries were resolved differently.
Unless Jonah appears, or even more focusing, Elijah and Elisha appear, Broke is still broke. Actually worse than broke, indebted to the tune of 100 trillion…that we know about, and with only more promises to pay in paper available to service the debt.
When a people elect an empty suit, a transparent liar, an illegal alien to safeguard their patrimony, an international multicultural man of a different religion than that of this nation it speaks of national moral bankruptcy both of the electoral process and the people.
In the reckoning of such moral indebtedness, history shows over and over that such a people will get what they deserve for believing such empty, impossible, promises, and in trusting such a man.
Lets face it. He is no Cinncinatus, nor Pericles, nor Winston Churchill.
For Obama supporters, I am saying Obama is no Jack Kennedy.
In a Democracy, at some point the people in the cart over time vote for themselves the redistribution of the entire wealth of those pulling the cart. Such nations end up on the ash heap of history. America’s self appointed destiny and destruction are now upon us, and it will arrive much sooner given these election results.
The summer of 2009 will be sheer hell in the Bond markets. By 2010 there won’t be a bond market. Unless you call to buy US treasuries yielding 30% annually as junk paper…a bond market.
These are just a few of the hundred other things this guy will do to purposely ruin the country he hates.
And if you object, you won’t be able to speak due to the fairness doctrine, at least not to large audiences. Heck, Mcain felt you shouldn’t be able to Email 500 people w/o federal registration.
And that is now the law. I did not vote for him either. He is Obama “Light”. An offer from the duopoly political system to allow the pretension it is free.
I question the willingness of the American people to throw off the shackles that Bush and now this guy will put on. They don’t have it in them anymore.
The country has been lost some time ago in my Opinion. Now that Obama has succeeded in his dream of becoming captain of the Titanic, very, very turbulent times lie directly, immediately ahead. At the election celebration on TV, I think I see some people now having fun throwing snowballs on deck from an iceberg that they heard came near the ship of state when Obama was declared elected.
Anyone making under 100k a year will get crushed. Anyone making over that will get really hurt. Survival is now an issue and in play. Time to look long and hard at lifeboats.
Congratulations to Lord Hussein Obama, the merciful, on his victory, may peace be upon him. I refuse to entertain delusional hopes that the US Supreme Court will factually investigate Obama’s Kenyan Birth.
As a lawyer in US District Court daily, I lost hope in those forums as objective seekers of truth long, long ago.
Enjoy the election celebration party. Obama and his unfettered friends will do a lot of damage in 2 years.
When the sheeple recover and vote in Republicans in the house and Senate in 2 years to slow down the disaster, the damage will be done.
Obama knows how much time he has. Moreover, like my feelings about Federal courts, I hold little delusional hope that the party that gave us MCcain will stop or fix anything really.and by then it really will be too late.
The iceberg has already struck, The Titanic cannot now be saved, go enjoy the band playing on the quarterdeck, they are really quite good.
“If they weren’t a bunch of mindless idiots I’d almost feel sorry for a lot of Obama’s supporters because they think he is going to save them. I know so many delusional people I thought were pretty smart before now.”
The real problem here is that when the mindless idiots realize that Obama is not going to save them, they are not going to turn on him - they are going to come after YOU.
- John
“One thing I heard is if he imposes penalities on companies moving jobs out of the USA what will happen is all the big cities will hermorrage jobs to the states that don’t have state and local taxes out the whazzoo”
You silly man.
Don’t you realize that once they see this happening, the NEXT step will be penalties on companies moving jobs from one state to another?
- John
Thanks for the many kind words of congratulation on my anniversary. This place means a lot to me. It’s my virtual home. There are so many great people here who have taught and influenced me: Travis, Archy, Jeff Head, people on the CWII ping list who take time to send me articles, like Duncan, Fishrrman, Harrius Magnus, the people running the other lists I subscribe to... and last but certainly not least JimRob for setting it up and keeping it running.
Thanks all! God willing I shall be posting something on Nov 9, 2018 in the midst of a Palin administrations second term!
Hang 10 and hold on for the next 4 years. Its going from bad to worse. Very worse. This may be the begining of the end for USA. In fact it is.
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