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HOW MUCH TIME LEFT UNTIL OBAMA TRIES TO STEAL YOUR RETIREMENT ACCOUNT?


Neither the United Kingdom, France nor the United States have a credible plan to bring their deficits down to a level below realistic expected growth rates, which is what is needed to avoid a financial meltdown. All three governments have what they politely call a "moving target" for spending, deficits and economic growth. The moving target is one that never gets any closer.

The Bank of Japan, the European Central Bank (ECB), the Bank of England, the U.S. Federal Reserve and others have been engaged in a currency war in which they try to reduce the value of their currency relative to the others. This past weekend at the G20 Finance Ministers and Central Bank Governors meeting, the above-mentioned nations and others denied they were in a currency war and then pledged not to do more of what they said they were not doing. Don't bet your life on that.

Many of the central banks are trying to do the impossible: To increase inflation while keeping interest rates very low. They want to raise inflation to erode the real value of the debts their governments have been creating, but they are fearful that raising interest rates will make the costs of servicing both private and public debt unmanageable.

Where will all of this lead? Argentina provides an interesting case study.

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THE PRO-LIFE MOVEMENT MUST DISAVOW TODD AKIN


Rep. Todd Akin has, unwittingly to be sure, harmed the pro-life movement, his senatorial race in Missouri, the Republican Party, and therefore quite possibly the nation.

Every person who speaks or writes for the public will make an occasional faux pas, and sooner or later, will write or say something inappropriate. The game of "gotcha" that the media play -- especially with regard to Republicans and conservatives -- is what makes so many politicians sound robotic when they speak.

But Congressman Akin said something that cries out for condemnation and retraction -- and necessitates an explanation.

On a Missouri TV program Sunday (8/19), he was asked his position on abortion in cases of rape. Akin responded, in part, that "from what I understand from doctors, that's really rare. If it's a legitimate rape, the female body has ways to try to shut that whole thing down."

As one wit put it about such a comment: that was worse than wrong, it was stupid. Akin should say so. And so should the pro-life movement.

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WHY OBAMA WILL LOSE BY THE GALLON


How many gas stations do you pass by on an average day?  For most folks it's several.  Dozens every week, a couple of hundred or more every month.  Every one of them throughout America is loudly displaying a campaign ad against President Zero.  Look at the next gas station you drive by and you'll see the campaign ad shouting at you - wordlessly, for the ad consists only of numbers.  It's the price per gallon.

This is the best campaign ad ever - a daily infuriating reminder of what a ruinous loser Zero has been as a president, and what his presidency is costing you in real money.  Plus it's free - neither the Romney campaign nor the GOP Super-Pacs have to spend a dime on them.  All they have to do is turn the negative ad against Zero into a positive ad for Romney.

The question is:  Can they do it?  Can Romney do it himself, and persuasively?

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A BOUNTY ON COYOTES

If you Google "coyote hunting," you'll get 2,790,000 hits.  It's a popular sport among outdoorsmen, and a necessary one.  As one hunter puts it:

Coyote populations across the country are exploding and taking an unprecedented toll on wildlife. Zero predator control by state and federal agencies and low fur prices have kept trapping to a minimum, hence predator populations are booming. The opportunity to add some prime coyote pelts to your trophy collection and reduce the predator pressure on the local game and bird populations have never been better.

Coyotes are pests, varmints, hated not only by cattle and sheep ranchers, but by anyone with a regard for all the wildlife they kill.  In many states, they can be shot on sight with no permit required in a year-round open season.  Ed Boggess, Minnesota's Department of Natural Resources fish and wildlife policy chief explains:

Coyotes are an unprotected species and can be taken at any time of year, in any quantity, by almost any methods.

It's time this perspective is applied to human coyotes - for "coyote" is what smugglers of illegal aliens from Mexico into the US are called.

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GLOBAL WARMING FREEZES UP


On the heels of record freezing weather in Europe, there was a story this week (carried by the Drudge Report and WorldNetDaily so you may have seen it) about a Russian scientist predicting global cooling.

Russian astronomer Khabibulo Absudamatov expects a “decrease in the flow of the Sun’s radiation,” over the next several years which will lead to cooling, not continued warming of the planet.

While his prediction may be right, he is wrong about the cause. As discussed in Solar Warming last September, it’s not the sun’s heat radiation causing a warmer earth, it’s the sun’s magnetic activity.

In Solar Warming, we discussed the cost-free solution to global warming: Let the world’s airlines use high-sulfur jet fuel while flying at cruise altitude.

The solution to global cooling is the mirror image of this: Have international jetliners burn their fuel “rich” at altitude. Give them a tax credit as an inducement.

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2014: HISTORY RETURNS IN TOOTH AND CLAW


We enter the year of the all-conquering US dollar. As the global security system unravels - with echoes of 1914 - the premium on the world's safe-haven currency must rise.

As the Fed turns off the spigot of dollar liquidity, it will starve the world's dysfunctional economy of $1 trillion a year of stimulus. This will occur through the quantity of money effect, hitting in a series of hammer blows, regardless of whether interest rates remain at zero.

It is hard to imagine a strategic and economic setting more conducive to a blistering dollar rally, a process that will pick up speed as yields on 10-year US Treasuries break through 3% (as of today, 01/02, it is at 2.992).

We’re going to enter a brave new world in 2014. The democracies are on the back foot. It is no longer Francis Fukuyama's "End of History," but history returning in tooth and claw. So with that caveat let me try to make sense of global economic forces.

The annual rite of new year predictions is never easy. It is nigh impossible in the midst of a global regime change with so many political bombs primed to go off at any moment. But here we go.

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HALF-FULL REPORT 06/28/13


Aren't you dizzy?  This week's events are like a ride on Full Throttle, the world's fastest-tallest roller coaster that just opened (6/22) at Six Flags Magic Mountain north of LA.

Might as well start with the Treason Vote in the Senate yesterday (6/27).  The 2,000 page Amnesty Bill - S744 - passed 68-32.  Here's the roll call.  All 54 Dems-Yes, 32 Pubs-No.  The 14 Pubs voting Yes: Alexander-TN, Ayotte-NH, Cheisa-NJ, Collins-ME, Corker-TN, Flake-AZ, Graham-SC, Hatch-UT, Heller-NV, Hoeven-ND, Kirk-IL, McCain-AZ, Murkowski-AK, Rubio-FL.

14 reasons why the Republican Party as ruled by its Establishment Elite has to be demolished, as in going the way of the Whigs.

Supposedly, the bill is DOA in the House.  The fate of our country seems now dependent on the word of John Boehner.

So -- ready to get on Full Throttle and ride through the week?

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AMERICA’S GLOBAL OPPRESSION AND IMPERIALISM UNDER OBAMA


Nassau, The Bahamas. For at least the last 2,500 years, from the time of the Athenian republic, fragile islands of freedom have been under attack. Unfortunately, nothing has changed, except now some of the aggressor states cloak themselves in the mantle of compassionate democratic countries.

Rather than using arrows or bullets, the new weapons of the aggressor states are financial sanctions, including restrictions on corresponding banking relationships. It all sounds so civilized, proper and benign, but in reality, it serves to destroy incomes and property both in those jurisdictions under attack and many of those in the attacking states.

And the greatest destroyer, the greatest oppressor of financial and economic freedom in the world today is America under Barack Obama.

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OBAMA THINKS HE CAN WIN BY BEING ANTI-ISRAEL


Less than 100 days before the US presidential elections, the Obama administration is openly denying Israel's sovereignty over Jerusalem. Can this be a vote-getter? 

The Emergency Committee for Israel released an ad titled, "O, Jerusalem." The commercial shows administration officials squirming when asked to name the capital of Israel, and highlighted the recent refusals of White House and State Department spokespeople to acknowledge that Jerusalem is Israel's capital city. The underlying message of the ad is that the administration's policy is out of step with the views of the majority of Americans.

As Republicans repeat traditional positions, the Democrats are rendering conventional statements of amity with the Jewish state controversial. It is the Obama White House and its surrogates who are attacking those (like Mitt Romney) who recognize Israel's capital as diplomatic flamethrowers. It is the Democrats who are demonizing American supporters of Israel (like Republicans) as disloyal.

What has changed? Why are Obama and his surrogates now highlighting Obama's hostility? Why are they making opposition to Israel a partisan issue and attacking Republicans for being pro-Israel?  The answer is clear:  Obama has given up on the pro-Israel vote. He's going for the anti-Israel vote and the indifferent-to-Israel vote. He thinks that's the way to win in November.

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MEMETIC DEFECTS AND CULTURAL FAILURE


Cap Haitien, Haiti.  On a steep mountain top three thousand feet high above the north coast of Haiti, stands this staggeringly gigantic fortress:

haiti_citiadelle1.jpg

It is the Citadelle Laferrière, revered by the left's professional distortionists of history as "the greatest monument to black freedom in the Americas."  What it really is instead is a monument to totalitarian insanity, and what makes such insanity possible-a culture's memetic defects.

To better understand what this means in general (and thus how it applies to the USA), let's take a quick look at the horrific history of Haiti.

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MOONBAT RIGHT


We call To The Point "The Oasis for Rational Conservatives."  We've gotten a flood of emails this week asking if articles on certain websites claiming that George Bush has "a secret plan to abolish American sovereignty" are being pushed by Irrational Conservatives.

The answer is yes.  We all focus so much on the moonbats of the left - barking mad hairshirts like Algore, Moveon.org folks driven treasonously insane by Bush Derangement Syndrome - that it's important to recognize there are moonbats of the right.

For some weird reason which has to do with psychology rather than reality, a small but loud subset of conservatives easily falls prey to conspiracy theories about cabals of powerful people meeting in secret to take over the world:  the Bilderbergers, the Trilaterialists, the Council on Foreign Relations, or some such.

The world headquarters of this subset of conservatives is on a grassy knoll in downtown Dallas. 

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THE NIGHTMARE OF METH

If it hasn't already arrived in your community, it will be there soon:  the nightmare of addiction to methamphetamine.  Supplanting cocaine in drug use, it's much easier and cheaper to make than coke.  A "meth lab" requires only simple equipment like bottles and tubing, easily acquired ingredients, and can be set up in a small space in most any building.

Not only is it cheaper than coke, the high the addict gets from meth is far more intense - and thus far more addictive.  Meth users get a sudden rush of pleasure lasting several minutes, followed by a euphoric high that continues for up to 12 hours.  It leaves cocaine in the dust.

Both cocaine and meth cause the excessive release of the brain chemical or neurotransmitter that controls pleasure called dopamine.  Having sex raises dopamine levels in the brain to about 200 units.  Cocaine spikes dopamine levels to 350 units.  Methamphetamine spikes at 1,250 - more than 12 times the base level of 100.

As Dr. Richard Rawson, associate director of Integrated Substance Abuse Programs at the UCLA Medical School, notes, "Methamphetamine produces the mother of all dopamine releases."

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OBAMA HAS KILLED AMERICA’S FREEDOM AGENDA IN THE WORLD


For all of my life, America has stood for freedom in the world. Until now. Ever since Obama’s rise to power, America’s “Freedom Agenda” – the promotion of and support for expanding freedom and democracy – has been squelched.

Supporting, for example, the Green Revolution in Iran in 2009, and the protesters in Ukraine today would have been no-brainers if the Obama administration had the slightest inclination to cultivate US allies and the cause of freedom more generally.

Both the Iranian democracy activists then and the Ukrainian protesters today demonstrated through their actions that they do not seek the mere overthrow of unrepresentative, repressive governments. They seek freedom, and are willing to work for it.

The situation in Iraq, and in Ukraine – as well as in Iran, Egypt, Tunisia, Libya, Yemen, Afghanistan and beyond – makes clear that Obama has killed America’s freedom agenda. And that isn’t all.

Obama doesn’t simply neglect democratic forces in favor of authoritarian regimes. In country after country, under his leadership the US sides with anti-American forces of authoritarianism against pro-American forces. Why?

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HALF-FULL REPORT 06/21/13


Tweet, tweet!  As of yesterday (6/20), thanks to Miko, TTP is on Twitter: @2thepointnews.  Or click on the Twitter icon in the right side bar.  Now you can tweet your favorite quotes from or link to any TTP article to any of your followers.  Tweet and Retweet away!

There is so much to Tweet about this week.  Marco Rubio morphing into Charlie Crist.  Zero stepping deep in two cowpies. Sarah Palin is back!  Dems defeating their precious trillion dollar Food Stamp bill.  Dems crying over their prospects all the way to 2022.  Technology protecting us from the Surveillance State.  The EPA failing to fault fracking.  And there's more.

We'll end with a story appropriate to today:  June 21st, the Summer Solstice (in the northern hemisphere).  No, it's not about flower-bewreathed New Agers communing with the Druids at Stonehenge.  It's about one of the most extraordinary geniuses in history you may have never heard of.

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PAUL KRUGMAN’S SILLY KEYNESIAN DESPERATION


What do you do if the facts don't support your beliefs? If you are honest, you will rethink what you previously believed. If you are a Keynesian economist, though, like New York Times columnist Paul Krugman, you make silly assertions.

In his Jan. 31 column, Mr. Krugman said he wants to see "some example, somewhere, of austerity policies that succeeded."

If you are a Keynesian school economist like Mr. Krugman, you define "austerity" as a reduction in government spending as a percentage of gross domestic product (GDP). If you are a classical Austrian school economist, you view a reduction of government spending not as austerity, but a growth-enhancing policy.

Mr. Krugman seems to have forgotten that the government share of GDP dropped after Reagan was able to get most of his policies through the Democrat-controlled Congress (which Mr. Krugman would define as austerity). The economy boomed and employment soared. Likewise, when government spending was reduced as a share of GDP during the Clinton administration and the Republican Congress, the economy and employment boomed.

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