tag:blogger.com,1999:blog-88736836565956788392012-02-08T15:28:39.144-05:00The URL of this blog comes from a no longer published newspaper from my old home town in Massachusetts. "The Evening Chronicle" was owned and published by an old family friend and long time leader of the Republican Party from the Roosevelt Administration through the Eisenhower Administration, Joeseph W. Martin Jr. I hope you all enjoy what you find here.JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.comBlogger741100tag:blogger.com,1999:blog-8873683656595678839.post-54063370190400107492012-01-23T20:04:00.000-05:002012-01-23T20:04:07.216-05:00

As I have touched on previously the ugly reality is that we are living in a neo-fascist state. Sure we still have the illusions free speech and free elections. But do we really? Just look at the choices we have for President in the upcoming elections. With the exception of Dr. Paul if one were to do a blind comparison among them all you would be had pressed to say who was who and who belonged

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-61503194236523034252012-01-21T14:46:00.000-05:002012-01-21T14:46:42.353-05:00

As last week progressed to its conclusion the pressures on Congress from the public and from actual Internet operators to drop any and all so-called internet piracy legislation became too great for them to withstand. SOPA and PIPA as constructed were too little too late. Even the tempting bribes from Wall Street and Hollywood were not enough to overcome their fear of an enraged public and a new

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-11611707039040144392012-01-19T12:22:00.005-05:002012-01-19T18:55:41.559-05:00

A friend of mine (you know who you are) once told me that what he liked about my presentations was that I seemed to have a “good command of the English language.” For a writer there can be no higher complement. I may or may not have told them that one of the beauties of the English language was in its character of adopting words that can distill the more seemingly complex ideas into a couple

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com1tag:blogger.com,1999:blog-8873683656595678839.post-28211225444246773002012-01-16T12:11:00.001-05:002012-01-18T10:36:15.900-05:00

I wrote this piece back in 2007 but never published it. It is still as valid today as it was then. The Weakness of Modern Republicans. I must say that I have long been dismayed by the Republican Party having falling into a semantic trap laid by the Democrats and the mainstream media. That being the contention that the terms “republic” and “democracy” are somehow indistinguishable in meaning

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-72014022587743123412012-01-04T18:51:00.001-05:002012-01-04T19:29:14.240-05:00

“Crisis takes a much longer time coming than you might think, and then it happens much faster than you would have thought.” Rudiger Dormbusch Late MIT Economist So now we have the latest brouhaha over President Ellsworth, I mean Obama, making non-recess recess appointments to the NLRB and some new so-called consumer protection oversight commission. Don’t hold your breath but someone will

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com1tag:blogger.com,1999:blog-8873683656595678839.post-23402151019367251832011-12-24T12:04:00.000-05:002011-12-24T12:04:05.826-05:00

I know I have been away during this busy holiday season, but I wanted to return if just briefly to wish you all a politically incorrect MERRY CHRISTMAS to you all!  Ihope you all enjoy a warm and plesent holiday with all those close to you. See you all next year.

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com1tag:blogger.com,1999:blog-8873683656595678839.post-46160601555170261492011-11-09T17:22:00.001-05:002011-11-09T17:37:15.034-05:00

Only within the Marxist indoctrinated mind can it be conceived that wealth is created by government taxation and budgeting. This is the sad pathetic result of rote learning, teaching what to think rather than how to conduct critical thinking. It’s not just that the federal government is $15 Trillion in debt and has unfunded liabilities for Social Security, Medicare and Medicaid of another $106

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-91172939176719468982011-10-18T00:30:00.001-04:002011-10-18T00:30:01.640-04:00

One could hope that at some point the more intelligent aspects of the “Tea Party” movement and “Occupy Wall Street” people might get their heads together and recognize their common interests and common enemies. If they do, the results could be a rapid evolution of the American political process. But unless or until each side frees itself from the constraints of “left vs. right” doctrines it won’

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-19548074961508534722011-10-12T20:43:00.002-04:002011-10-13T01:24:10.152-04:00

If ever there was any question that the super elites of Wall Street and their wholly owned subsidiary know as Congress is a “Ship of Fools,” the recent moves to “punish” China for undervaluing its currency and the CME’s (Chicago Mercantile Exchange) decision to raise margin requirements on copper should remove all doubt. As has often been stated the last resort of the elites to fend off the

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com1tag:blogger.com,1999:blog-8873683656595678839.post-34494020179763320632011-09-15T22:18:00.002-04:002011-09-15T22:26:56.096-04:00

On the one hand the President is fond of saying that he won’t raise taxes on the middle class, on the other hand the Republicans would have you believe that they are adamant about not raising income taxes under the current economic situation. With both the President’s and Congress’s approval ratings abysmally low it would be fair to say that the public has caught on to the game and they’re not

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-50650040826449225532011-09-13T11:50:00.003-04:002011-09-13T19:40:42.690-04:00

Well it looks like the Euro zone gurus are trying to stay ahead of the curve. In last night’s post I speculated that the latest MOPE of the Chinese buying Italian bonds would be shown to be bogus before markets opened on Wednesday. Even with the European market up today, feeding off of yesterdays delusion, the ECB may be preparing for the collapse of yesterday’s MOPE by spreading today’s MOPE.

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com1tag:blogger.com,1999:blog-8873683656595678839.post-48359227758762175742011-09-12T23:04:00.001-04:002011-09-12T23:50:51.512-04:00

With the ever accelerating disaster scenario that is the Euro zone, trying to keep up with rumor/crisis/solution du jure is enough to leave a strong mind with a serious case of confusion (what I call the “they said what?” syndrome) and a weaker one in a state of psychotic dislocation. Just last Friday the rumor of the day was that Greece could default or withdraw from the Euro over the weekend

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-88974848123308251972011-09-09T12:58:00.002-04:002011-09-09T18:54:11.107-04:00

When looked at strictly in terms of tone and delivery the President gave a brilliant speech last night. That was all he really needed to do in order to shore up his political base. For this group little more than something perceived as a brilliant rhetorical flourish is all that is required to perpetuate the swooning and fainting that was the hallmark of the 2008 campaign. Anyone who watched

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-14953255548485874212011-09-08T09:50:00.001-04:002011-09-08T10:29:57.033-04:00

On the eve of the President’s “Jobs Speech” I thought it might be a good time to return to my previous proposal on taxation and job creation. Slightly revised and edited verbiage for clarity but the substance remains the same. The question of course is what can actually be done to substantively improve the economic situation? Well here’s my 2 cents worth just for starters. Reform the

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-38557667611201190582011-09-07T11:04:00.000-04:002011-09-07T11:04:42.607-04:00

Now that the German Supreme Court has succumbed to the pressure (bribes, threats?) and given tacit approval to Angela Merkle continuing to use German GDP as a piggy bank to prop up the failing Euro, looking at the market reaction one might think that once again “all is right with the world.” Well I for one am not buying it. This is nothing more than markets moving on the delusion du jure, and the

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-12576979914384796132011-09-06T11:35:00.001-04:002011-09-06T11:39:50.957-04:00

There is a dirty little secret in the financial world. A secret that might be whispered about behind closed doors but is seldom if ever discussed in the open. That being that each year as the calendar rolls around to September fear (some might argue insanity) begins to grip the hearts and minds of the power elites and knowledgeable historians alike. You see it’s this period when financial

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-5721339744427630342011-08-22T09:35:00.002-04:002011-08-22T09:35:28.643-04:00

Now that the retail investors have been all but driven from the markets and all we have left are the algo driven HFT computers we can expect yet another irrational (if not short lived) rally in the markets today. In part the delusional will interpret the fall of Kaddafi as the harbinger of some new stability for North Africa. The TV pundits have already started with the lollipops and roses meme

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com1tag:blogger.com,1999:blog-8873683656595678839.post-41827797165533623402011-08-21T23:26:00.001-04:002011-08-22T07:20:08.285-04:00

Now that it appears the war in Libya is about to wind down there might be a few questions that need asking. Don’t be looking for any answers never mind the questions in you Main Stream Media source. As background it might be helpful to review a previous posting from May; http://theeveningchronicle.blogspot.com/2011/05/strange-case-of-gold-oil-and-mummar.html. At present there are at least two

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-28911003252164170632011-08-21T12:29:00.000-04:002011-08-21T12:29:34.639-04:00

From what I see the process has already begun with the announcement on Friday that Venezuela’s debt paper was being downgraded. Chavez may be right about wanting to escape the "dictatorship of the US dollar" but the man is his own worst enemy when in comes to understanding capital. I guess that's what comes from hanging around with Castro. The banksters are going to want to get this matter into

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-29942087442000694542011-08-19T10:31:00.002-04:002011-08-19T10:53:20.560-04:00

In case any of our Republican friends harbored any delusions that Gov. Perry of Texas was going to be any different than any of the other bought and paid for politician, I suggest you check this out. http://www.zerohedge.com/news/bank-americas-dead-drop-rick-perry-we-will-help-you-out I don't know who this particular character is but I do know that BofA is in deep trouble and is on the verge of

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-54113270316184105792011-08-17T23:27:00.001-04:002011-08-18T20:49:51.377-04:00

It looks like it might be “game on” in the physical bullion markets, the long anticipated parabolic move upward coming your way courtesy of one Hugo Chavez, the erstwhile dictator of Venezuela. He started Wednesday by announcing that his government will be nationalizing all the gold and silver mining industries. This story alone may well have led to JP Morgan holding off on their usual Thursday

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com1tag:blogger.com,1999:blog-8873683656595678839.post-1257858266763636342011-08-11T13:37:00.001-04:002011-08-11T14:04:37.188-04:00

I am, as always quite bemused by the "tax the rich" crowd. It’s kind of like watching a burned out hippie sitting cross legged on the sidewalk, hands on his knees palms up, rocking back and forth and chanting "tax the rich, tax the rich” over and over like it were some Tibetan mantra. They have no concept of the actual numbers we are dealing with. All they know is that their would-be political

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-12903994199038053182011-08-10T10:35:00.003-04:002011-09-11T13:23:27.144-04:00

Simplistic analogies absent causative details are not an answer to anything, just as endless partisan finger pointing are part of the problem not a solution. The fact remains when the Dems took over Congress in 2006 and the White House in 2008 they thought they had carte blanch to undertake and endless stream of spending in pursuit of their utopian socialist dependency dreams. With their secure

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com2tag:blogger.com,1999:blog-8873683656595678839.post-17452763007648828892011-08-08T23:44:00.002-04:002011-08-08T23:44:38.434-04:00

Last Thursday was ugly.  Today was even uglier, and predictable. Tuesday may well be chaotic.  The Japanese markets are already down 5%, South Korea’s are down 9-1/2%.  Chinese inflation numbers have come out at 6-1/2%, much hotter than the expected rate of 4-1/2%.  Euro zone futures are already down nearly 2/3 of Monday’s total loss.  US markets may not have time to wait for the FED’s Open

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-34268583932396860652011-08-08T09:36:00.000-04:002011-08-08T09:36:38.410-04:00

What can I say except that the wheels are coming off.  Gold broke through the $1700.00 mark on the Asian markets this morning.  Both the DAX and STOXX markets in Germany openrd down nearly 20%.  Rumors are swirling that the SocGen bank in France and UniCredit in Italy are on the verge of collapse.  As much as some have decried the S&P down grade of US Treasuries it's psycological impact will be

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-34161929341206632032011-08-08T00:26:00.002-04:002011-08-08T00:31:05.650-04:00

With Gold breaching the $1700.00 mark on the opening of the Asian markets on Monday I thought it might be worth re-posting my position on precious metals.  The continued and accelerating deterioration of conditions in the Euro zone combined with the down grade of Treasuries (soon to be followed by a down grade of municiple bonds will only push PMs higer still).  When (not if) gold breaks

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-68774573976673852472011-08-04T21:53:00.000-04:002011-08-04T21:53:02.809-04:00

Well now that the debt ceiling debate is over and the Treasury burned through about 60% of the $400 Billion in new boworrowing authority in a single day, it seemed the markets decided to get bact to "the previously scheduled program." While the various partisan pundits busied themselves blaming their respective opposition for todays meltdown on the DJIA,they tend to ignore the fact as bad as it

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-62971933812905241932011-08-01T00:48:00.001-04:002011-08-01T01:47:15.225-04:00

If you listen carefully over all the propagandistic noise coming out of the mouths of the politicians and news pundits you will hear that sharp metallic clanking sound of the debt/deficit can once again being kicked down the road. QE3 is here with a vengeance to the tune $2.8 Trillion! The debt addicts of Wall Street and at both ends of the Washington Mall now have their fiat fix and will

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-13779832439526684882011-07-30T00:15:00.002-04:002011-07-30T00:33:17.082-04:00

The average American can’t be blamed for thinking that the debt ceiling debate that is monopolizing the news cycle is a crisis in the making. One can hardly turn on the TV or the computer and see anything else at the top of the news columns. It doesn’t matter what source you look at, left, right whatever, they are all playing to the hilt. After all hysteria and fear mongering makes for ratings

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com1tag:blogger.com,1999:blog-8873683656595678839.post-38332347112329764502011-07-15T01:14:00.001-04:002011-07-15T08:33:12.728-04:00

I’m glad I have a pretty good sense of humor; otherwise all the pontification and debate about raising or not raising the debt ceiling might bring me to either to tears or a state psychosis. The truth being that all the rhetoric and finger pointing is nothing more than a grand illusion, a distraction to provide a naïve public with the boogey man of their particular partisan choice. In the end,

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com1tag:blogger.com,1999:blog-8873683656595678839.post-91437117468352640432011-07-13T14:08:00.002-04:002011-07-14T07:46:22.482-04:00

In a couple of previous pieces I touched on how Islam has devolved into the direct inheritors of Nazi rhetoric and methods. (See  http://theeveningchronicle.blogspot.com/2011/05/psychological-disconnect-of-petro.html ) Let’s add to this Gobbles’ principle of the “Big Lie.” Much of what we hear is about not just their desire to exterminate Israel and the Jews, but also about establishing a new

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-33936101984852904442011-07-12T08:59:00.003-04:002011-07-12T23:13:18.841-04:00

Like most any Hollywood remake, the second or third in a series is always worse than the first. And so it goes on. The fun in Europe just never stops. Just when the banking and political elites had thought they had bought some breathing space with the passage of the on again off again interim bailout package for Greece along comes the Spaniards and Italians to gum up the works. Sadly the

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com2tag:blogger.com,1999:blog-8873683656595678839.post-48986561814621948342011-06-29T13:17:00.003-04:002011-06-30T21:03:15.414-04:00

Not Long after Barak Obama’s election Newsweek magazine emblazoned its cover with the open declaration “We’re All Socialists Now.” What they meant of course was that the election had put us firmly and irrevocably on the path to European Socialism in America and that the capitalist system as we had known it was dead and buried. It seems however that intervening events have raised some question

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-84798621848978193642011-06-22T05:52:00.002-04:002011-06-22T14:17:57.057-04:00

The reaction across the blogosphere to the establishment of this new “White House Rural Council” has been almost universally negative. In first reaction it would be easy to recall President Reagan’s warning about the nine most frightening words; “I’m from the government, and I’m here to help.” The range of adjectives that could and have been applied to this initiative range from “presumptuous”

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com2tag:blogger.com,1999:blog-8873683656595678839.post-26277527835363389892011-06-21T20:38:00.003-04:002011-06-22T17:52:32.014-04:00

Nine moths ago my wife and I suffered the loss of our 10-year-old Chocolate Lab, Scooter, after a long fight with cancer. He passed away in my arms after lifting his head one last time to look at me as if to say, “I’m sorry I have to go now.” He then collapsed and died. I was devastated and we both went through a long and painful period of mourning. We recently decided that the time had come to

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com1tag:blogger.com,1999:blog-8873683656595678839.post-21293180949636874782011-06-16T11:59:00.000-04:002011-06-16T11:59:00.536-04:00

To say that the markets and the rating agencies were not impressed with Wednesday’s chaos in Athens would be an understatement. The DJIA closed down 178.8 points, resuming its six week slide after Tuesday’s brief uptick. The down grading of Greek debt to CCC was quickly followed up with warning that major French banks were overexposed of Greek bonds and were likely to be downgraded as well and

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com5tag:blogger.com,1999:blog-8873683656595678839.post-84480783748888179952011-06-15T16:48:00.000-04:002011-06-15T16:48:55.527-04:00

Update: June 15th 2011 First a correction to yesterday’s post. The story reported by a small Greek television station about a tunnel leading from the Parliament building to a nearby port has been exposed as a hoax. There does exist however a tunnel to a local hotel that is only some 250 yards away. There are at least two other potential elements to this ongoing story that remain unspoken. The

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com1tag:blogger.com,1999:blog-8873683656595678839.post-15290415746032693562011-06-14T14:18:00.002-04:002011-06-14T21:20:10.547-04:00

The most prominent speculation on the monetary front (if one listens to the talking heads) is whether or not the FED will institute a QE3 program once QE2 comes to a close at the end of June. A more pertinent speculation might be will Helicopter Ben and the boys at the FED still have jobs in the not too distant future. The Feds long standing policy of not revealing just exactly what they are

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-49528490032244332972011-06-14T11:10:00.000-04:002011-06-14T11:10:36.182-04:00

In order to understand the status of the conflict between Jihadist Islam and the West in general, one must first define the term enemy and how the juxtaposition as enemies comes about. At the present stage of the conflict there can be little doubt that it was these elements of Islam that declared the West to be their enemy, and had been engaged it committing act of war long before all but a very

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-50107122195424999202011-06-08T12:28:00.001-04:002011-06-08T12:29:53.425-04:00

I’d like to think that for those of us who have spent the better part of the last few years trying to prepare ourselves and our families for the ongoing and now accelerating financial disaster, the parade of daily events have now moved beyond being harbingers of troubles to come and have taken on more of an air of farcical comedy. If watching the DJIA tumble yesterday in the closing minutes with

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-66390380292726855702011-06-06T09:06:00.002-04:002011-06-08T12:29:21.752-04:00

Over the weekend the size of the crowds protesting in Athens against any new bailout package and its attendant austerity programs swelled to new highs in terms of size. This weekend elections in Portugal saw the current Socialist government go down to an overwhelming defeat. Here in the US the reaction was a barely stifled yawn. I know, I know they replaced the Socialists with the Social

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-29666558054547601192011-06-04T15:34:00.000-04:002011-06-04T15:34:00.538-04:00

Well folks it would appear that the Greek situation will be coming to a head very soon. Sooner than expected by some and not soon enough for others. In some ways it’s hard to figure out whom to feel sorry for in this Promethean tragedy. On the one hand you have the Greek citizens and unions who have repeatedly elected the same corrupt politicians based on the foolish promises of ever expanding

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com2tag:blogger.com,1999:blog-8873683656595678839.post-70939879793005062052011-06-02T11:11:00.000-04:002011-06-02T11:11:51.812-04:00

Firstly, as I have said before, I am all in favor of the defense of Israel from those neo-Nazi forces around it that seek it destruction. What I am opposed to is the distortion of historical truth to further that agenda. Mr. Glenn Beck has once again proven himself guilty on this account. On last night’s show Mr. Glenn Beck has engaged in a bit of historical distortion in one of his narrations

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-75274405779502284352011-05-31T09:59:00.002-04:002011-06-02T22:13:47.956-04:00

Upon returning from the long holiday weekend I was confronted with a couple of stories that I found most disconcerting and not at all coincidental. The first was an email reporting that Lockheed Martin had shut down all secured external access to email and other systems due to a cyber attack that had succeeded in making off with SecurID related data and possibly the means to generate one time

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-55136554887538807872011-05-20T12:32:00.001-04:002011-05-20T15:16:02.264-04:00

Seems it was not that long ago that I warned that our involvement in “liberating” Libya was going to become a tar-baby for Obama’s foreign policy. Weren’t we told it would be a “matter of days not weeks” before the situation was resolved? Well here we are 60 days in and the President’s authority under the War Powers Act is set to expire and by law he must go before Congress to get further

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-89539334317666608422011-05-20T10:06:00.003-04:002011-06-02T22:18:40.587-04:00

It seems like about once a month or so we get another article somewhere either raising questions if not making nefarious accusations about the fate of Building 7 at the World Trade Center. The latest being that it was deliberately brought down so that it could be done in a controlled manner so as to minimize any collateral damage of it coming down on its own. Whether it’s this scenario or any

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-14145335537235523682011-05-19T09:51:00.005-04:002011-05-20T07:01:11.032-04:00

It would be my guess that both the two headed beast of Repulicrats in Congress and Tiny Tim the tax cheat at Treasury are breathing a collective sigh of relief at the moment. They just rolled out the opening precedent for the largest theft in history and the public’s response so far has been; “the Govonator did what?” Between Arnold’s peccadilloes and those of IMF chief Strauss-Kahn they could

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com1tag:blogger.com,1999:blog-8873683656595678839.post-43160652220883490112011-05-18T08:37:00.003-04:002011-05-18T08:50:45.054-04:00

Anyone who knows me and/or has read what I have written previously knows that:1. I am a lifelong student of history.2. I am a strong advocate of buying gold and silver in these times of economic unraveling.In a previous piece I raised and discussed my serious differences with one Glenn Beck and questioned who and what was motivating or influencing him in regards to monetary and economic policy. (

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com3tag:blogger.com,1999:blog-8873683656595678839.post-28337469714119126252011-05-11T12:28:00.000-04:002011-05-11T12:34:45.793-04:00

Whether you are among those that consider the jihadists to be “terrorists,” or are among those who consider US foreign policy to be “terrorism” in its own right, or at the least is the source or cause of terrorism, has become quite irrelevant at this point of the conflict. Once one enters into the quasi-mystic world of moral and cultural relativism, all connections to logic, reason and

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-44927572645735099992011-05-09T14:28:00.001-04:002011-05-09T14:28:50.987-04:00

What with the world’s attention diverted with demise of Osama Bin Laden and dubious controversies over whether or not to release any photographic evidence of his brain matter, the story of the ongoing violence in Libya has been moved to page 12 so to speak. That is until just the other night when Kaddafi’s forces managed to blow up the last remaining oil facilities in rebel hands at the port

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-53029712592826242912011-05-05T11:01:00.004-04:002011-05-05T12:43:33.243-04:00

The announcement that US Special Forces had found and killed Osama Bin Laden has brought out a variety of reactions to the event and reactions to the reactions. After watching them the old concept of the “theater of the absurd” comes to mind.While the release of pent up frustration in celebratory reaction by much of the public is understandable, its condemnation as somehow crude or gosh is just

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com1tag:blogger.com,1999:blog-8873683656595678839.post-6839088713920410872011-05-04T13:39:00.003-04:002011-05-04T14:06:05.312-04:00

As the debate on the debt ceiling begins to move closer to its inexorable place on the front burner we are beginning to see what some of the real numbers are, and we can expect the hyperbolic rhetoric to ratchet up a few more notches. It would be hard to imagine anyone being able to top former Bush Treasury Paul O’Neill who recently stated "The people who are threatening not to pass the debt

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-49696261548361019942011-05-03T12:41:00.004-04:002011-05-03T12:55:13.027-04:00

So now we have a new distraction to keep our attention focused away from the pickpockets of Wall Street. Our military and intelligence teams that made it possible to bring Osama Bin Laden to his just reward deserve all the congratulations and praise for a job well done, that are coming their way. But in the long term it will not change the ongoing deterioration of either our economy or the

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com1tag:blogger.com,1999:blog-8873683656595678839.post-31115718696135442962011-04-29T09:38:00.000-04:002011-04-29T13:43:55.224-04:00

So now our would-be “master of all things energy related” has decided it’s time to take on the “corrupt speculators” in the oil market. I’d say this was hilarious but unfortunately he’s serious. But what are we to expect from a neophyte whose depth of understanding of how markets and economies function is about as deep as a mud puddle after a quick spring rain. What’s even more disturbing is

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com3tag:blogger.com,1999:blog-8873683656595678839.post-18766351127722685792011-04-19T02:01:00.000-04:002011-04-19T02:03:37.092-04:00

Far too many Americans are confusing high inflation and hyperinflation. The most frequently sited example of hyperinflation is Weimar Germany. Most renditions of the story lay the blame for it on the Versailles treaty. Actually that was only one of the sources of Weimar Germany’s inflation problem. It started with German monetary policy during the war. Faced with the costs of the war they

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com1tag:blogger.com,1999:blog-8873683656595678839.post-61271718764141413782011-04-08T08:42:00.001-04:002011-05-06T08:27:48.823-04:00

Gold and silver values (not prices) are only a reflection of the rapidly evolving new reality.There will always be those who will deny that the entire western financial system is F.U.B.A.R. You know the term, denying it, finger pointing or making excuses for how we got here won’t change the facts. There is no intention from any of the politicians or bankers of doing anything to fix the problems

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-44076590146195923162011-04-06T17:07:00.000-04:002011-04-06T17:22:50.120-04:00

There’s an old joke we are all familiar with: Everybody complains about the weather but who really does anything about it. So what can actually be done to actually improve the economic situation? Well here’s a suggestion just for starters. Reform the corporate tax code to create two-tiered system. Level one: If your business income is derived from the manufacture, transport or sales

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-19250557218092551532011-03-27T23:55:00.000-04:002011-04-06T20:59:56.465-04:00

It would be hard to deny that Glenn Beck has become a force to be reckoned with in the arena of contemporary political commentary. Like anyone else in the field, his effectiveness can be judged, at least in part, by the reactions of his detractors and admirers alike. One would hope that he would be the first to agree that no one should be judged solely by either the condemnation of their enemies

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-54399464746196976772011-03-23T13:42:00.000-04:002011-03-23T14:52:35.009-04:00

At what point is it possible that President Obama just throws up his hands and says "I quit!"? Who could blame him? Among the universal traits of all politicians is either creating a mess and leaving it for others to clean up or inheriting a mess and making it worse. Add in those other problems that are beyond a limited capability to comprehend, never mind find a workable solution for, and you

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-25775406436515415442011-03-19T00:16:00.000-04:002011-03-19T00:32:20.529-04:00

Way back in ancient times, before the internet, when there was a “fairness doctrine”, before cable news systems there existed gods and lesser gods. The New York Times was the Zeus of the news world and resided on the new Mount Olympus known as the island of Manhattan. The lesser gods of ABC, CBS and NBC all paid fealty to the supreme lord by taking the stories published in the NYT and

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-36883236090902027302011-03-08T17:40:00.001-05:002011-03-21T21:16:53.265-04:00

Over the course of the last almost one hundred years, since the inception of the Federal Reserve Bank, our financial systems and its bankers and our political system and it politicians have become increasingly and indeed incestuously intermingled. This relationship has created what can only be defined as a vortex of corruption. Into this vortex have been drawn a wide variety of other American

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-57245447622973198242011-02-25T20:02:00.000-05:002011-02-25T20:35:59.241-05:00

I frequently post on a comment board on my local newspaper’s online edition. Although I try to post what are primarily information comments. Some of which later show up here. The responses I receive are generally respectful even in disagreement. There are a few however, who can’t or won’t so limit their responses. Such terms as “hack,” “tin-foil hat wearer,” “libertarian worshiper” and worse

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-18295317928303735842011-02-21T18:14:00.000-05:002011-03-21T21:29:33.945-04:00

It’s fitting if not ironic that Wisconsin, the birthplace of the public employee union may well become its burial ground as well. Maybe we should call what is unfolding there the “Nightshade Revolution,” as they seem to be poisoning themselves by the consumption of the fruits of their own corruption.So then I have a few questions for our liberal and union friends that are in need of answers.1.

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com7tag:blogger.com,1999:blog-8873683656595678839.post-8380634136743470722011-02-04T19:05:00.001-05:002011-08-24T23:14:13.812-04:00

Once again our leftist friends fail to understand the differences between the success of the American Revolution and the failure of the French Revolution and how it pertains to the current (dis)order of things. It comes down to the fundamental fact that in order for the seeds of individual liberty to grow into a healthy tree of sovereign self-government it requires the fertile soil of personal

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-80010837892579057222010-08-11T10:56:00.000-04:002010-08-12T08:15:24.609-04:00

Are we approaching the silly season or the season of pretending?If you look closely you can see a bit of color appearing in the leaves of the Oaks and Maples. The Canadian geese around the lake at Freedom Park seem to have taken on a bit of restlessness. If you listen carefully on these still warm nights that’s not just sushi fatigue you can almost hear spreading among the bankers of Dilworth and

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-38154385011725797342010-08-06T23:06:00.000-04:002010-08-07T17:48:46.252-04:00

Let’s face it folks the economy is in a severe recession. As both a cause and effect of this recession the US banking system took a crash in the Fall of 2008, a crash that is still ongoing some two years later.What the recession and the banking crisis has caused are a fall in cumulative demand levels and a fall in cumulative asset value. People are spending less, and asset values have fallen, in

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-36885574959891366942009-02-17T14:42:00.000-05:002009-02-17T14:47:14.571-05:00

The Kleptocrats from both sides continue to play their political games in Washington while our Liberty is being sold to the highest bidder. The so-called stimulus package is laden with pork and paybacks to the special interest groups that brought these thieves to power. I guess that explains the about 37% confidence rating people have that it will have any positive effect. The politicians and

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-48294314000873757082009-02-12T07:07:00.001-05:002009-02-12T07:07:32.903-05:00

I am a free and sovereign citizen of a free and sovereign state. I relinquish certain of those rights to my state in exchange for that state’s guarantee to protect those and all of my God given rights, as enumerated in my state’s Constitution. Acting as an agent of its citizens, my state freely entered into a compact with other free and sovereign states to create a Federal government whose sole

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-30472217475660302692009-02-11T05:56:00.000-05:002009-02-11T05:59:06.783-05:00

I used to think that the leadership of the Democrat Party could be best characterized as little more than a bunch of "useful idiots" as Lenin put it. Fools so consumed with the preservation of their own power base that the needs of the nation as a whole were secondary at best, oblivious to the notion that they were driving us off a cliff just so long as they were the ones behind the wheel and

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com1tag:blogger.com,1999:blog-8873683656595678839.post-558356474448780082009-02-09T08:54:00.000-05:002009-02-09T08:56:50.682-05:00

It seems that every other appointment the President Ellsworth makes is some kind of tax cheat. Throughout the Presidential campaign we heard a lot of talk about sacrifice and "patriotic duty" to pay more in taxes. I guess this so-called patriotic duty extends to everyone except those in the new administration. Combine this with the piling on of unfunded mandate after unfunded mandate and it's not

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-68100700230520325272009-02-05T14:27:00.000-05:002009-02-05T15:27:00.267-05:00

If I'm not mistaken one of the lynch pins of the Democrat party's most recent electoral success was that for the last 8 years or so the Republicans had succeeded in intimidating the voting public by fear mongering about the war on terror. The Patriot Act was a usurpation of power blaa blaa blaa...... Gitmo, blaa blaa blaa.....And yet now that the Democrats control both Houses of Congress and the

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-2875186173439642192009-02-05T06:46:00.000-05:002009-02-11T14:05:56.896-05:00

So there I was feeling secure in my world, surrounded by my stockpile of canned green beans, counting my silver coins and cleaning my guns. When it comes to my attention that my very lively hood was in immediate jeopardy! But not just my lively hood but that of another 500 million Americans as well. Ok maybe not 500 million others but at least 499,999,999 of us. I mean how could I possibly doubt

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0tag:blogger.com,1999:blog-8873683656595678839.post-21402311100542720152009-01-12T19:13:00.000-05:002009-01-12T19:39:13.587-05:00

I have been an amateur student of history all my life and I can’t help but think that there is something of a “perfect storm,” not just on the horizon, but battering at the foundations of our Republic. It’s not just the multiple facets of the present financial crisis; they are but singularities within a much larger disaster that is hurtling our way.I have had a sense from the very beginning of

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com1tag:blogger.com,1999:blog-8873683656595678839.post-42499443893702210192009-01-12T18:59:00.000-05:002009-01-12T19:09:50.880-05:00

Now that blogging has become the medium of choice for may I guess now its my turn to put in my two cents worth. As a life long Republican most of what I post here will of course be from the political right, not always but most of the time. Any and all who come across my postings are of course welcome to comment. I only ask that if you disagree with my commentary is that you remain civil. I

JWMJRhttp://www.blogger.com/profile/11330556524852443926noreply@blogger.com0