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THE OBAMA-PROOF PORTFOLIO |
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Written by Dr. Jack Wheeler
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Thursday, 05 March 2009 |
In the wake of Zero's election
last November (the DOW was above 9,000 on 11/04), TTP predicted the DOW was
headed to below 7,000 (The Word That Can
Save America, 11/21). Wait ‘till you
see where we think it's headed now (see below).
By now, it should be clear to
anyone with a desire for self-preservation that Zero's economic policies are
indistinguishable from those skillfully designed to destroy the American economy
on purpose.
Thus the urgent need for
strategies to preserve one's savings and assets under attack by Zero's
malicious economic masochism. We all
need to develop an "Obama-Proof Portfolio."
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THE WATERMELON WHITE HOUSE |
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Written by Dr. Jack Wheeler
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Wednesday, 04 March 2009 |
Mayor Dean Grose of Los Alamitos, a small community in Orange
County, California, resigned
Monday (3/02) for emailing this cartoon to some friends, with the caption, "No
Easter egg hunt this year."
He resigned because the media screamed the tired old
bogeyman of "Racism! Racism!" and he was so stupid he fell for the ridiculous
accusation. Mayor Grose promptly begged for forgiveness like a good
little white boy, saying he hadn't a clue about watermelons and racism. He probably didn't.
Yet the cartoon above is completely
accurate. We do have a Watermelon White
House in Washington now. But this hasn't anything to do with silly
antiquated racial stereotypes. It has to
do with what a watermelon is today in terms of political and social activism.
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OLD AMERICA VS. NEW AMERICA |
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Written by Dr. Jack Wheeler
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Thursday, 26 February 2009 |
The current leader of Japan
has the most appropriate name for a politician in world history. He is Prime Minister Taro Aso, pronounced
"ass-hoe."
This week (2/24), Prime Minister Aso met President Zero in
the White House. Albeit that, at 47, the
American is the junior of the Japanese by 21 years and embodies youth and
fitness, it was nonetheless a meeting of Old Japan and Old America.
The Liberal Democratic Party (LDP) has had a monopoly of
power in Japan
since the end of World War II. Here is
how Hidekazu Kawai, professor emeritus of comparative politics at Gakushuin
University in Tokyo,
describes the LDP today:
"The LDP has become a source of structural corruption
permeating the entire society. The Aso
administration of the LDP exists to win elections, not cope with economic
crisis. All that the ruling party has
come up with as a solution to our crisis is to distribute cash."
Remind you of some other party and its leaders in some other
country?
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WHAT WE HAVE GOT AND THEY HAVE NOT |
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Written by Dr. Jack Wheeler
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Thursday, 19 February 2009 |
One of the more arresting observations of the way we view
history, past and current, was that of 18th century British writer
(and son of England's first Prime Minister Robert Walpole, 1676-1745), Horace
Walpole (1717-1797):
"This world is a comedy to those that think, a tragedy
to those that feel."
This is because those for whom rationality runs their brains
rather than their emotions are more in charge of their lives and
destinies. They can thus look upon the
Obozos of history as droll.
Those who only have their feelings to keep them afloat are
mere flotsam in the river of events. As
such, they can't help but see themselves as helpless victims in a tragedy
beyond their control.
There is another difference between those who think and
those who feel: they react very
differently in a crisis, with one consequence being the former survive more
than the latter. Especially if the
former are better armed.
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THE SOLUTION OF CHINA |
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Written by Dr. Jack Wheeler
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Thursday, 12 February 2009 |
Zihuatenejo, Mexico. My wife and I have managed a quickie escape from Zeroland to stay at a friend's home here. If this isn't paradise, it will certainly do until paradise comes along.
My rationale for being here (as if I really needed one) is that my buddy who lives here has been a top advisor to more Global Fortune 100 companies for more years than perhaps anyone else on earth. Who better to talk to regarding the meltdown of the global economy?
Name any major insider or player in global finance or global business, and the odds are high that my friend has known them well for a decade or two. He's been calling them up, asking them the same question I had for him: What the hell is going on?
Their answer, which is the same as his answer? "Damned if I know."
He tells me: "Jack, I know the heaviest hitters out there. And I'm hard put to think of any who weren't blind-sided by this. You could see damage coming, a recession, okay. But a multi-multi trillion dollar total global wipeout? No one I know saw it, nor can explain it, nor knows what's coming next. We're all flying blind, and going broke doing so."
Naturally, I needed another Margarita after that. Then we started to think about real solutions.
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