This article is complicated, but a must read because it is important and effects every aspect of our lives. We must prepare people. Get out of debt if you can and become more self reliant.
From the financial times.com
The global economy is being hobbled by a new generation of zombies – the economic walking dead. American consumers are in the early stages of an unprecedented retrenchment. In the 13 quarters since the beginning of 2008, inflation-adjusted annualised growth in consumption has averaged just 0.5 per cent. Never before in the postwar era have US consumers been this weak for this long.
The zombie syndrome has an important antecedent. It was, in fact, a key symptom of the Japan disease, which led to the first of two lost decades for that country. Encouraged by the government, Japanese banks kept extending credit lines for a broad cross-section of insolvent companies – postponing restructuring and inevitable failure.
I’m loving the Zombie analogy. But it’s creepy how much Zombies are being talked about these days. Recall the CDC educational video? And the Zombie flash mobs?
Technorati Tags: Financial Times, Global economy, zombies, news, Japan, quantitative easing,
My President is not only the “Great Apologizer” and the “Great Obownater”, he is now the “Great Whiner”. Thank you my fellow citizens for this one.
President Barack Obama is peeved with the American press. They never say “thank you,” he whined to journalists in Japan on Monday.
According to the pool report from the press conference, one reporter said “Thank you, Mr. President.” Someone said the reporter was Australian.
“I knew it must have been an Australian because my folks never say thank you,” Obama said.
At that, the entire American pool said in unison — admittedly with a bit of sarcasm — “Thank you, Mr. President.”
PM Gillard could be heard chiming in, “There are a few cheeky Australians here.”
At first glance, Obama’s comment reeks of arrogance. He seems to think that press access is a privilege, not a right, and that he is under no obligation to even speak to reporters.
I know all you libs out there are screaming at the top of your Obama loving lungs. STOP PICKING ON PRESIDENT OBAMA!!! Oh wait, you guys are pissed off at him too. What a great “uniter” he has turned out to be. Oh,Oh,wait, he is uniting us. He’s uniting everyone that is Pissed off at him. Good job my president, you really do mean what you say.
I reported on this volcano last week and just thought I would keep ya’all updated.
From Fox News:
Fewer earthquakes have been recorded in the Philippines’ lava-spilling Mayon volcano, but the local scientists still believe an eruption to be imminent.
In response to the continued seismic activity at the volcano, Albay Governor Joey Salceda cut off the electricity and water supplies within the extended and permanent danger zones around Mayon Volcano yesterday evening, reports the Manila Bulletin.
Salceda told the paper that the move was designed to is to ensure that people remain away from their homes and out of the danger zone. Reportedly, many evacuees have returned to their homes for the New Year’s.
Technorati Tags: science, news, politics, Mayon volcano, eruption, earthquake, New Years Eve
I Looooovvvveee it!!!! Sweeeettt!!
From Fox News:
KINSHASA, Congo — U.S. Secretary of State Hillary Rodham Clinton’s temper flared on Monday when a Congolese university student asked her for her husband’s thinking on an international financial matter.
A week after former President Bill Clinton traveled to North Korea to secure the release of two detained American journalists and stole the limelight from the start of his wife’s first trip to Africa, Clinton was clearly displeased by the question at town hall forum in Kinshasa.
“You want me to tell you what my husband thinks?” she replied incredulously when the male student asked her what “Mr. Clinton” thought of World Bank concerns about a multi-billion-dollar Chinese loan offer to the Congo.
Is there trouble in paradise? But seriously, what kind of political game are these two playing? I never understood why Billy Boy would ever stand back stage to Killary. I mean, I know they had some kind of deal, you all should read the book, Bitter Legacy; NewsMax reveals the untold story of the Clinton-Gore years. Its a goodin.
“My husband is not secretary of state, I am,” an obviously annoyed Clinton said sharply. “If you want my opinion, I will tell you my opinion. I am not going to be channeling my husband.”
Technorati Tags: news, Bill Clinton, Hilliary Clinton, Al Gore, World bank, Congo, U.S. Secertary of State, america, North Korea, Africa, American journalists, China, President Obama, Joe Biden
Kim Jong II’s crazy offspring to ruulllle the world. Yea! Oh come on people, Brian and I have done “the story according to Kim” many times on this blog and on our Radio Show. The man is insane, so it’s not a leap to think that his offspring is “more” insane.
From Fox News:
North Korea has told top officials to pledge allegiance to Kim Jong Il’s youngest son, apparently setting him up to succeed his 67-year-old father.
A senior U.S. intelligence official confirmed South Korean media reports that the secretive communist state was sending “guidance” to its missions in foreign countries to swear fealty to 26-year-old Kim Jong Un as the next leader of North Korea.
“The directive went out,” the official told FOX News. “This guidance isn’t a suggestion — it’s an order.”
The official described the directive as a milestone in the history of North Korea. But the official contradicted a Reuters report that suggested North Korea would ratchet down tensions and enter talks over its nuclear program, having worked out its line of succession.
The “News Behind the News”, in this case is the reason that he picked his youngest son. His two elder son’s were becoming “moderinzed”. One even went to Japan without his father’s permission to go to Tokyo Disneyland, Ah, those rebellious teenagers, I mean “middle aged” children.
Technorati Tags: news, politics, North Korea, Kim Jon Il, U.S. intelligence, President Obama, Kim Jong Un, Nodung, missiles, Kittaeryong, U.S. Defense, National Inetlligence Service, Michael Jordan, Japanese,
We all live in a Yellow Submarine, a Yellow, Brown, Green, Christian, Muslim, Budda, oh hell, Alien from space, Submarine:
From the AP :
HONOLULU — Hawaii’s state Senate overwhelmingly approved a bill Wednesday to celebrate “Islam Day” — over the objections of a few lawmakers who said they didn’t want to honor a religion connected to Sept. 11, 2001.
The Senate’s two Republicans argued that a minority of Islamic extremists have killed many innocents in terrorist attacks.
“I recall radical Islamists around the world cheering the horrors of 9/11. That is the day all civilized people of all religions should remember,” said Republican Sen. Fred Hemmings to the applause of more than 100 people gathered in the Senate to oppose a separate issue — same-sex civil unions.
The resolution to proclaim Sept. 24, 2009, as Islam Day passed the Senate on a 22-3 vote. It had previously passed the House and now goes to Republican Gov. Linda Lingle.
OK, let’s break this down together. Political correctness run amuck. Dangerous. Giving nut bags more ammo. Rule of law out the window. he he ha ha.
People, its time we think and think hard about our Republic and where it’s heading. Only you can decide……
Technorati Tags: Islam, Hawaii, politcs, news, Islam Day, Rebublican, Democrat
Recorded live from the radio show
Special two hour show! An interview with the author of The Ghosts of Vietnam, Jim Stewart. Hear his personal thoughts on the book, his life, and the Vietnam War; a must hear.
Windows media player version (30mb)
Other Podcasts this week:
Conservatism, War and the Democrats