Sunday, July 19, 2015

The Foolish Iranian Nuclear Agreement

Kind of a weird agreement. Iran doesn’t really need nukes. Once the sanctions are lifted, they will go into full production of armaments. Their economy will supply that part of the world with oil and weapons. Talk about full employment, everyone will have a job, building something that explodes -- everyday can be the 4th of July somewhere in the world!

Israel is a state of 6 million Jews surrounded by 40 million Arabs. Do you get the feeling that Iran feels the need to nuke Israel? Why even bother? It is the passion of Islam’s radical followers, to destroy Israel. That unites them and gives them resolve. For that reason, the target (Israel) is allowed to exist--magnify the hatred.

Iran will export religion. Of course this will be the fanatical form of religion with the standard promise of 70 virgins in the afterlife (no inflation there yet--I'd hold out for at least 90). Nobody has come back from the hereafter to contradict the validity of the purported promise; so it is a done deal without argument. You explode and kill Christians and live the good life for ever after.

Look for the consolidation of Iraqi, Egypt, Libya and possibly half of Africa. Iran will welcome them with open arms or with more arms if they need them.

We are dealing with religious zealots, whose primary goal is to spread Islam by eliminating non-believers (a religious war if you think outside the box). If Congress votes down this Mickey Mouse arms agreement with Iran, Israel may provide the solution that could be more stable; nuke the radicals and take over the country.

We have a president who we mise well call “Slick,” The Car Salesman. He’ll sell you a health care plan, a student loan program, a nuke agreement, a Cuban cigar and a government paid sex change.

Iran doesn’t need to go nuclear with numbnuts Obama running the show. The nuclear option is a form of miss direction. It’s kind of like Brer Rabbit (Iran) pleading with Brer Bear (Obama) to not throw him into the briar patch (no nukes). Iran gets everything they need by signing off on a nuclear option. They can consolidate their position and extend their boundaries using religion and small arms.

Our leader is giving pink slips to 60,000 more American troops this year. Great for the unemployment numbers. There is much world unrest because we have a President with no balls and the rest of the world knows it. You can lead with the projection of power, or you can talk with the projection of weakness.

Thursday, July 02, 2015

Greece, What Happens Next?

Greece over the last 50 years has implemented a retirement and government bureaucracy that has become a very large portion of their tax expenditures. Notice one thing, retirement and government expenses contribute nothing to the economy. They are like leaches that live on a host. Like most governments, the bills got bigger and bigger and the bureaucrats figured out a way to pass the financing of these contracts of debt into the future. Why does that mythical country, Obamaland come to mind, for some reason?

Greece is about to have a referendum on whether to accept the terms of the EU or to refuse them. It doesn’t really matter. All transfer payments that deal with support for non-working citizens will be eliminated or reduced by about 70 percent. The Army will get paid either way. If the vote is yes, I expect a rebellion with the military taking control. If the vote is no, expect everyone on a pension or government subsidy to be out of luck, no more funds. Savings in the banks will go poof.

So next Sunday with Greece, it really doesn’t matter how the vote goes. If you are retired, you will pay for passing this mess onto the youth of your country. Their banking system is in ruins. Their educated youth has fled to other countries.

The preservation of the Euro is a Non-Sequitur for Greece. The old “farts” need to realize that they can’t tax the youth of their country for their future retirement. They can try, but I think it will fail this time. Let's not single them out as the only guilty country; it was the world bankers that "Cleaned their plow." The PIIGS as a group will fall together, one at a time.

The vote on Sunday revolves around; "Do you want to keep your government pension" or "Do you want to default on the EU loans?" Greece is in a depression. Chancellor Merkel of Germany is demanding repayment from Greece --- funny, how in 1933, "someone" in Germany repudiated the war reparations that had impoverished their country. To say that solution worked OK for them is a gross understatement of fact; it eventually led to a world war.

Moral: Don't expect a politician to get you out of a problem they helped you get into.