President Obama will talk to the nation on March 24, 2009.
He will nationalize banks and the financial system to prop up the economy and stop an impending economic decline.
Foreign policy initiative, lead by Secretary of State Clinton, will be announced opening up talks with major middle east nations to include Europe and Russia.
Major theme will be the militarization of the U.S. Mexican boarder.
Democrats will eventually lose majority of Mexican political support in the U.S. breathing life back into the RINO party.
These are the ideas that came to me when I first read about the Presidents March 24th speech and now I need to expand on these ideas.
He will nationalize banks and the financial system to prop up the economy and stop an impending economic decline
The U.S. mortgage market has not hit bottom and the idea of an L shaped recession is becoming more likely. The next unemployment report will show another million jobs lost in the last 30 days. The decline in economic activity from the first quarter unemployment has yet to ripple thought the economy. The fear of deflation continues to be present and will be seen in Easter sales failing to meet reduced expectations by 1.5%. The increases in home sales are the dead cat bounce of foreign bottom feeders. The housing bottom will be in the winter of 09-10 when $8,000.00 in Federal tax credits begin to phase out and savings during the year are finally tapped to purchase homes near $0.50 on the dollar.
The United States banking system is already nationalized. Bail out is just the word we use like saying frack in polite company. The Federal Reserve in now an extension of the executive branch as it evolves into the hand of nationalization. The question is what type of bank it will be. The purchase of mortgage backed securities to loosen credit markets say less about policy and more about the character of the Third Nation Bank of the United States. (Another term I just coined, credit please) The national bank will become the bad debt bank similar to the Trust Resolution Bank that was established during the Savings and Loan crises.
This Third National Bank will be the instrument that brings about the nationalization of the home mortgage market controlled by the federal government. More on this in a latter rant but the idea is to reduce risk in the mortgage market by lowering the size of the profit available to those left servicing the mortgage market. Low risk and low profit equals a stable mortgage investment market with tight controls and little room to create exotic investment tools.
Foreign policy initiative, lead by Secretary of State Clinton, will be announced opening up talks with major middle east nations to include Europe and Russia.
The war on terror will be refocused towards Pakistan. I’ve already written about the Iran, Iraq, Afghanistan, and Pakistan solution in my blog on U.S. withdrawal from Iraq. Another easy prediction recently expanded upon in this weeks Economist magazine in the Iran articles.
The Presidents gesture towards Iran and the upcoming Iranian Presidential election will allow Iran to change isolationist policies and renew nuclear ambitions by exercising their right to that part of the nuclear goods inherited from the former Shaw of Iran. Yes, along time ago Iran had nuclear material and still has ownership in nuclear material.
Major theme will be the militarization of the U.S. Mexican boarder. Democrats will eventually lose majority of Mexican political support in the U.S. breathing life back into the RINO party
A line in the sand must be drawn regarding immigration by the President and that line is the Mexican-U.S. boarder. Immigration into the United States will be strictly limited to both documented and undocumented immigrants. Corporations will need to find local talent to fill critical high paying jobs.
This idea became clearer as I heard the President speak on 60 minutes Sunday night. I heard him say that there are people will to work in Washington for $250,000.00 per year. A persons commitment to government service will become more important then their experience in private industry. Character will become the fashion as government service and renewed public interest in government increases.
The drug cartels are suffering as greatly from the Great Recession as the rest of the world. They just handle the reduced demand by expanding into new markets a little differently then other multinationals corporations.
The President will be sending a message to the drug traffickers that violence in our streets will not be tolerated. This will be the El Eme policy that will further increase the Presidents job performance rating among RINO’s.
“Jobs “were the cry that put the President into office and jobs will be what keeps him their in 2012. The new reserve army of the proletariat will fill the jobs once filled by immigrants (Card check benefits) and displacing undocumented immigrants creating a rift in the immigrant community. Those lucky enough to have benefitted from Reagan’s amnesty will agree with the policy of limited immigration and those lucky enough to get sponsored immigration by paying fines will fall into this category.
RINO’s will play this as their original policy and lure the conservative immigrant into their party. Immigrants will look towards the traditional road of small business ownership while being helped by the RINO party as their hopes for advancement are stymied by limited access to employment. Immigrants traditionally assist one another with micro loans to finance start up and service similar markets. This treatment of isolation by the Democratic Party will push the immigrant community towards their camp as RINO’s abandon conservative social principal and move towards a more pro small business political party.
1 Comment
Pat McNally
4/30/2009 05:32:37 am
Do u really believe all your pinko liberal brainwashed bullshit! If you had an actual real thought, or something you could back up with facts, then you would write the truth, instead of this bullshit praising your Messiah Obama and the rest of the socialists destroying this country. Perhaps you should pull your head out of your ass and open your eyes, you might see what is going on around you.
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AuthorChris Mathews quoted President Richard Nixon; “fight up, not down.” This inspired me to begin writing weekly rants on topics I’ve heard rolling around in my head. Archives
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