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Twenty Key Issues for America

Item: The Phoenix Suns now sport an ultra-ugly jersey with “Los Suns” on it, to join in the protest against the Arizona immigration law . . . low class, stupid and a PR disaster for them. May they be eliminated from the playoffs A.S.A.P.; why do celebrities think their voice means any more than a trash-collector’?

Item: The spill/leak at the British Petroleum oil derrick in the Gulf of Mexico was abetted because A) The U.S. government ignored its legal responsibility to have eight fire booms on the BP site . . . and had none -- and you thought the Titanic life boat problem was gross B) Both the Bush administration and the Obama administration signed off on safety violations at the BP site . . . why in hell would anyone with half a brain ever do such a thing? C) BP made a huge campaign contribution to Barack Obama and was purportedly “happy in bed with” the extreme left wingers of the administration D) The explosion was immediately pooh-poohed by Press Secretary Robert Gibbs and despite their revisionism, the Obama folks were not “on the case from Day One” E) Obama said he didn’t want to go to New Orleans early because he might get in the way . . . exactly what Bush said after Katrina for which he was excoriated, but the liberal media is understanding and supportive of the Anointed One, of course. There’s no “getting in the way,” Mr. President, the problem is in the Gulf, your motorcade doesn’t float.

Item: C-SPAN cameras are not allowed in the room where the Obama Debt Commission meets.

Item: The new Arizona Immigration Law has been deliberately misrepresented as racial profile by 78% of news coverage even as 61% of Americans and 70% of Americans think the law is a good idea. And the big cheerleading, Barack Obama is inciting UNinformed Hispanics to RIOT. The bill specifically forbids racial profiling . . . specifically . . . Obama is inflaming the situation by distorting the truth. The Arizona law is written to respect entirely the federal law which Obama is not enforcing. By the way, Mr. Obama why are you repaying the everyday cop for their crucial work with accusations of unmitigated racial bigotry . . . just like you did last year at your "beer summit." For a supposedly intelligent man you don't learn very quickly. Cops are not boogy men, Sir!

Item: The major plunge on Wall Street was aggravated by “automatic trading programs” kicking in. The problem is always stated when such events occur that the “little guys got scared” and caused a panic. Bull feces, October of 1987, and every panic since then has been triggered and abetted by the big guys and their automatic sell programs. This was a luck example of a potentially devastating juxtaposition of problems: A) the so-called fat finger response? So If I want to make a quick killing, I get my brother to sell short a given stock and then I fat-finger it and the markets be damned we make a small fortune . . . there’s some actual financial reform that needs to be done B) automatic sell programs creating a potentially out-of-control situation that the floor specialists can abuse to skin everybody selling stock. And the result, sooner or later? During a real panicked sell off someone with several real large short position will just get a “fat finger” and trigger a financial Armageddon. That’s financial reform that’s actually needed.

Item: Greece, the perfect nanny state is going down the tubes. Unions riled up by the Greek Communists are getting violently ugly. The cost to American taxpayers of our involvement in the International Monetary Fund (IMF) is somewhere between $7-8 Billion and there’s no guarantee that the problem is so-easily solved. Take notice: trying to live with unsustainable debt, doesn’t work. Now we’re bailing out Greece.

Item: The NYC would-be car bomb disappointed a gal reporter on MSNBC who admitted she wasn’t happy that a Muslim was associated with this because stupid prejudiced people would use it for bigotry. Well EXCUSE me, some Muslim extremist tries to kill Americans in Time Square and she’s pointing the finger at Americans who want to call a Muslim Extremist a Muslim extremist instead of being politically correct. Where are your priorities? Where is your integrity? Where is your patriotism, Lady?

Item: The NYC car-bomber wanna be, actually got on an airplane attempting escape . . . without luggage . . . paying in cash . . . though he was on a no-fly listing . . . and headed for Dubai . . . and yes, he certainly looked middle-eastern.

Item: Al Gore’s purchase of another palace, this time a $9 million mansion along side the supposedly rising ocean near Montecito, California went unreported in the mainstream media. They first ignore the November 17^th Climate Gate revelations that even the ultra-liberal London Times researches the story and buries global-warming alarmism . . . they’ve ignored the biggest financial and scientific fraud in history (Cap and trade admitted by a member of CCX to be a “Ten TRillion industry) now for almost six months . . . this is journalism? Now the ultimate hypocrite, Gore, who tends to make a huge part of that $10 TRillion from the hoax of global warming buys yet another mansion (he’s not selling any, folks) with a carbon footprint probably fifty thousand times as great as old Rajjpuut’s and the media won’t cover this scandal.

Item: Joe Biden called General Motor’s so-called payoff of their bailout loan “a wondrous achievement. No, Joe, it’s no achievement at all. GM’s Obama-appointed CEO Whiteacre merely took money from a bailout slush fund to “pay off the loan” and Rajjpuut is wondering, how can the Federal Trade Commision allow this kind of fraudulent advertising without stepping in? By the way talking of bailouts, Chrysler and Freddie Mac both need another sip of the bailout brew.

Item: Besides their deliberate refusal to run the Climate-Gate Scandal about the falsified global warming records at East Anglia University’s Climate Research Unit (CRU); the media has now ignored for two weeks the story of President Obama and ex Vice-President Gore’s conflict of interest as part of the Chicago Climate eXchange. The story is not complicated. Look it up for yourself and connect the dots: The Tides Foundation receives funding from the Joyce Foundation and several other Progressive Foundations (very much like money-laundering). If Cap and Trade is passed the next hundred millionaires will include Gore, Obama, Sandor, Joel Rogers (the man behind the curtain); the AFLCIO, SEIU, Bill Ayers’ brother John Ayers, four or five Goldman Sachs bigwigs; Goldman Sachs the company itself and about twenty other semi-prominent individuals. Even Fannie Mae, holding a patent for the program that would sell the blue sky that Cap and Trade is based upon stands to benefit. Why no story?

Item: The flooding in Tennessee and the Cumberland region is a real disaster. No it’s not as environmentally interesting to the BP spill in the gulf, but this is a genuine crisis about the scale of forty tornadoes hitting one region in one day and the president of the United States and his administration have totally ignored it. Sorry, Barack, floods may not be “sexy” but they are an emergency.

Item: One of Rajjpuut’s favorite reader-blog commenters Phil DiJoseph, said this about a recent blog “Greecey Debt Sends Europe Sliding a Super Slippery Slope” as the situation in Greece worsens and the U.S. financial scenario comes more and more to resemble Greece’s: “I think you will see a lot of what is happening in Greece courtesy of the labor unions here in the U.S. Keep your eye on New Jersey where the governor just cut a billion dollars in education aid. The teachers unions are pulling out all the stops to convince tax payers to keep funding their salaries, pensions and benefits at current levels (actually, they are making their pitch that the Governor is hurting education and the children) but that is just not going to happen. Voters chose to force school boards to make deep cuts rather than agreeing to have their property taxes raised to make up for the shortfall. This is perhaps the first time in American history that voters have effectively put the breaks on out of control government spending. The crapola would have certainly hit the United Auto Workers fan much sooner had Obama not bailed out the automakers and enriched the unions. Expect to see all hell break loose, as it has in Greece, when the pink slips start arriving to union members and other give-backs are mandated to balance state budgets.”

Rajjpuut comments . . . Thanks Phil, remember this, for the first time in history a U.S. President got involved in a public corporation’s bankruptcy . . . indeed he outright orchestrated every step of the Chrysler and GM bankruptcies and took the money owed by law to the Chrysler creditors and handed it to unions that supported his presidency. And who is ultimately responsible? The U.S. Supreme Court refused to hear the Chrysler creditors’ case.

Item: We’re finally seeing a resurgence of the importance of the 10^th Amendment of the Bill of Rights, the most little known and appreciated of our Bill of Rights’ Amendments. It is the 10^th Amendment which makes our particular experiment in Republican government with Democratic powers allotted to the individual such a marvelous success. Even more states are filing suit against Obamacare based upon the 10^th Amendment. About six states recently have also said they’re in the process of re-creating their version of the Arizona immigration law. And several states are seeking to oppose the federal government’s forcibly making them pay for various other federally mandated programs that are bankrupting those states.

Ya’all live long, strong and ornery,

Rajjpuut

Obama’s Great Blessing -- Christians Misunderstand

the Doctrine of “Turn the Other Cheek!”

One of the very few places where Rajjpuut agrees with Barack Obama occurred in 2007 when Illinois Senator Obama said, “The United States is NOT a Christian nation.” Some Christians get angry to hear that from Rajjpuut as well as from Obama. Nevertheless, Jefferson, Franklin, Washington, both Massachusetts Adamses and virtually the entirety of the founding fathers believed precisely that way, that it was important NOT to be a Christian nation but rather to be a nation where religious tolerance as well as true separation of church and state existed.

Of course, Obama, interprets the statement “ America is NOT (or, no longer) a Christian Nation” in a very negative and controversial manner and Rajjpuut interprets the statement in a very uplifting manner. Obama interprets that statement to mean that he can abuse Christians in this country virtually with impunity as he and his administration feel the need to side with other groups for political gain. More specifics on this will follow in a few paragraphs. Rajjpuut means it this way: the evils done to some adherents of some religions by others (for examples by Catholics and Protestants to each other in Ireland and Northern Ireland, to Non-Anglican Christians such as the Quakers by the Brits, Jews suffering in Russia and Germany, and Muslims in Bosnia, etc.) ; all the evils that have been done in the name of corruptions of Christianity historically to other religious and non-religious people; the evils that state-mandated religions all over the world have done; and all possible evils associated with BIG RELIGION . . . all of this is controlled by the law, by the Constitution, in America. No one in America can be forced to follow a given religion or dissuaded from following their own spiritual leanings in America.

As for Obama’s intolerance toward Christianity, lets examine just three incidents:

#1 After hosting 50,000 Muslims for three hours on Capitol Hill September 25, 2009, at the the National Day of Prayer for Muslims, today, May 7^, 2010,Mr. Obama cancelled the 2010 National Day of Prayer Ceremony at the White House saying “ . . . we don’t want to offend anybody.” Apparently Christians, Jews and other non-Muslims are not considered to be “anybody.”

#2 While liberally sprinkling about nasty terms ( racists, haters, stupid, Nazis, extremists, astro-turf, storm-troopers, hood-wearing; etc.) in reference to the TEA Party movement, Obama and his people have made an impossible-to-miss effort at a ridiculously extreme form of political correctness (for example in 70 pages discussing the Ft. Hood shooting, where not once were the words “Jihad,” “Terrorism,” “Islam” or “Muslim” to be found . . . that is, the core motivation for Major Hassan’s attack was literally impossible for them to put into “politically-correct” words while they have no trouble finding insults for the “extreme right,” insults they cannot back up with evidence ever. But who exactly is the “extreme right?” According to Mr. Obama? “…Christian right, has done a good job of building these organizations of accountability, much better than the left or progressive forces have. But it's always easier to organize around intolerance, narrow-mindedness, and false nostalgia. And they also have hijacked the higher moral ground with their language of family values and moral responsibility.” In other words Christianity, at least as practiced by conservative individuals is his philosophical enemy.

#3 Back in 2006 while a senator and again when he was already campaigning for president, in 2007, Obama interrupted his activities to visit the homeland of his father, Barak (no ‘c’) Hussein Obama, Sr. in Kenya. He went nominally on fact-finding missions on taxpayers’ money but ‘paused’ while there to help the presidential campaign of Raila Odinga (purportedly the then-senator Obama’s cousin for which no verification could be found other than Odinga’s claim). Odinga was university educated in East Berlin some years before the fall of the Berlin Wall and is a non-apologetic communist, just like Barack’s father Barak (no ‘c’) was. Whether or not the two are cousins, both of their fathers were also unapologetic communists. In the top link immediately below, Barack’s birth dad in a well-known African periodical talks about the benefits of “100% taxes on the rich” and also describes his favorite political system as “scientific socialism” which he quickly clears up by saying “communism.”

http://www.politico.com/static/PPM41_eastafrica.html

http://www.politico.com/news/stories/0408/9610.html

Socialism and communism are, of course, closely related . . . far more importantly for this blog, in many communist regimes freedom of religion is very problematical if not impossible. Raila Odinga’s character and Obama’s actions are the question here, however . . . .

Obama made at least fifteen campaign stops for Odinga. Purportedly, he donated $950,000 to Odinga’s** campaign, Rajjpuut is still looking for a second confirmation on that one (if true, the next question is where did that money come from?). Mostly Obama wore a dress shirt and tie when campaigning. However, at least twice he dressed in traditional Muslim garb while addressing Muslim groups. Mr. Obama, despite his claim to be a lifelong Christian and to have “never practiced Islam” spent parts of five years of his youth attending a Muslim school^^ in Jakarta, capital of Indonesia and was reportedly a “prize student.” This is at best, a small issue. However, the character of Mr. Odinga is no small issue. Here’s what Rajjpuut means:

As a communist candidate, Mr. Odinga ran under the banner of “change,” but did not ever breach 50% popularity during the campaign. However, it appears he definitely LOST the election because of a secret deal he made with the Muslim community in Kenya that was reportedly leaked by a disenchanted aide.

Christians are the biggest worship group in Kenya, constituting 45% of the nation’s populace. Muslims are just about 11%. Odinga signed a letter of agreement with the Muslims to make Islam the nation’s official religion and institute “sharia” law. Beside instituting the traditional Muslim treatment of women that the two sides agreed upon, the law would have banned other religions’ access to TV or radio broadcasting. All person-to-person missionary work by other religions would have been banned . . . in short, Mr. Odinga would have curtailed religious freedom and freedom of speech while imposing hateful restrictions on women and girls and thus proved himself the lowest of scum and well- prepared to betray his country.

Within days, the content of the letter of agreement was known all over the country and Odinga was lambasted in the press and public opinion. Pretending the copy of the agreement “captured” was bogus propaganda from the incumbent, Odinga produced a much more “reasonable” agreement and said it was the only one ever negotiated between himself and the Muslims. Mr. Obama never commented when asked about Odinga’s shenanigans. Later as defeat loomed unmistakable, an e-mail from Senator Obama before the election purported telling how Mr. Odinga should handle the matter (violently) was published . . . Rajjpuut could NOT find a second source to confirm Jerome Corsi’s “The Obama Nation’s” claim that the copy of an Obama e-mail advising claiming election fraud and stimulating violence was a probably successful course of action for Odinga. In any case, however, when Odinga lost, Muslim violence coincided with his claim of “widespread election fraud.” An outbreak of violence (against Christians mostly but any non-Muslim) at this Odinga announcement against numerous Christians and Christian churches suffering attacks, maiming and death and wanton arson. Rape was one of the favorite expressions of violent disapproval by the Muslim perpetrators. Obama again claimed no connection. Odinga never apologized or showed regret. To quell the violence, Odinga was offered the newly created post of prime minister by the victor and accepted.

OK, Obama is not crazy about Christians, so what? The problem increasingly is that of Christian passivity in the face of clear and aggravated injustice. Rajjpuut’s reading of the Bible is that “turn the other cheek” is actually an act of courage and aggressive Christian expressionism and not merely crawling back toward some corner to hide. The best examples, one from a Christian and one from a Hindu, are the actions of Martin Luther King, Jr. and Mohandas K. Gandhi which demonstrate non-violent but utterly courageous resistance to unjust behavior by one’s “enemy.” This is one reason that Rajjpuut is so enamored of the TEA (taxed enough already) Party – the fact that active resistance to injustice is adopted at every turn of events.

The evidence (often revealed by Rajjpuut on this blogsite) shows Barack Obama’s mother, grandfather and birth father were all communists (and opposed to Christianity and most religious expression); it also shows that his two longest serving mentors, Reverend Jeremiah Wright and poet Frank Marshall Davis are both communists; and it shows that he attended Muslim school for parts of five years and was highly regarded as a student. So, knowing that Barack Obama is an unjust enemy . . . active resistance by Christians and conservatives is called for every step of the way and non-violent dignified protest is the key.

Ya’ll live long, strong and ornery,

Rajjpuut

**http://deathby1000papercuts.com/2008/10/raila-odinga-obama-campaigned-for-odinga-violence-after-loss/

^^ http://www.msnbc.msn.com/id/35402169/

Today, like Obama himself, 80% of all Black children in America are conceived out of wedlock. The president has hidden his birth information fairly effectively so we can’t say for sure about him, but 70% of today’s Black children are born to unmarried women. Whatever happened to the Black family? More importantly, how does this occurrence impact today’s Black child? And how, does this disintegration of the once proud Black family impact today’s political climate, and what does it portend based upon Mr. Obama’s actions? Before answering the first and third question, let’s deal with the second.

In the aggregate, statistics tell a depressing story for all American families, once the bastion of our nation. However, the Black statistics tell a tale of utter ruination. If White society has trouble understanding the Black experience, it is more than anything else a result of the massive changes that have occurred since 1965 to the Black community. Today, less than half of all children – all races examined together -- are raised entirely by their birth parents and 33% of all children are born to unwed mothers. Another 33% of all those children born to married couples will find their parents divorced well before the child reaches adulthood, for Blacks these statistics are much worse.

Looking briefly at just the White children . . . the educational, economic and family stability advantages of being White drop totally away for White kids raised in a family without a father. The high school drop-out numbers for White kids are roughly 3.5 times higher if raised in a family without a father. Such children are between four and five times more likely to live in families with incomes below the poverty line and about three times more likely to divorce or never get married and raise their own children in one-parent families and thus perpetuate the cycle so intimately linked to poverty.

Not too surprisingly, the huge number of fatherless families in the Black community has a slightly less debilitating effect. This situation is the norm among Black families now and almost 90% of Black families exhibit one-parent status. The Black community as groups and individuals have institutionalized some fairly effective responses, often based upon multi-generational families which have tended to be matriarchal. However, that “norm” is certainly not beneficial for mother or children. Living without a father increases the school dropout likelihood for Black children to 175% compared to intact families (and, by the way, for Hispanic children to 196%) compared to 250% for Whites. The impact of living in a fatherless home, however, is definitely even bigger economically for all races.

As a whole for Blacks, as well as Whites and Hispanics, the single biggest social disadvantages seem to align with fatherless families. Since Black families are much more likely than White families to begin below the poverty line and 2.8 times more likely to begin with an unmarried woman at the helm – the economic challenges are much, much greater and the consequences for the Black children are generally negative.

The one-parent household, typically headed by a divorced- or never-married mother, has significantly fewer financial resources than intact families do. Poverty statistics from the U.S. Census Bureau, show approximately half of households headed by single mothers in 1995 were below the poverty line, in contrast with the 10 percent figure for two-parent households. Yes, many of these families were poor before divorce, and a significant proportion were headed by mothers who never married. Nevertheless, the lack of a father's income has dire consequences for household finances. Even in well-off families, the fatherless home can suffer disproportionately. The newly established home headed in the vast majority of cases by the principal bread-winner holds typically far fewer members and receives the lion’s share of the divided resources . . . so the economic status of the mother often plummets dramatically.

The most obvious thing is that most children raised in a one-parent family, regardless of race, face a far greater chance of economic hardship. For Black mothers raising children without a father, this situation is much more common and much more devastating. How did the once-proud Black family get to this point?

And then there was . . . the juxtaposition of the War on Poverty and Affirmative Action with the undeniable fact that in 1964, after sixteen years the disaffected mostly-southern Democrats known as the Dixiecrats finally found a new home and voted as a bloc for the Republican presidential candidate. Barry Goldwater, who authored “The Conscience of a Conservative,” attracted the Dixiecrats and that was not lost upon the nation’s Blacks. The G.O.P., the party of Lincoln, now in the eyes of Blacks had become the party of Strom Thurmond. In 1968, 72% of Black voters went Democratic . . . in 2008, 95. 8% of Black votes went for Barack Obama. The Dixiecrats found their home and the Black’s found a new political home. The unfortunate result of that fissure was that the Democratic party has become greatly tied up with the notion of advancing Black well-being. Their electoral survival has depended upon it and the Democrats are seeking to add Hispanics as 90% loyal Democrats as well.

The “government dependency” syndrome for the Black community that’s grown out of that situation has had a horrendous effect upon Blacks. It is no exaggeration to say that the Black community is far worse off today than it was before the Democrats started helping them. Black Republicans like Clarence Thomas, Michael Steele, Thomas Sowell, Condoleezza Rice, Colin Powell, and Claude Allen are without exception such an anomaly in the Black community that all of them have encountered Black backlash for their “betrayal” and “Uncle Tomness.” Democratic Black leaders, for example, excoriated Clarence Thomas during his confirmation hearings. Black people who succeeded without relying upon Democratic largesse are uniformly held is disdain, a sad state of affairs that says more about Black problems today than just about anything else you might think of. The most successful of Blacks outside of the athletic field and show biz are disdained by the Black populace as a whole.

All of this is bad enough, but now we are dealing with a president who, though he promised to unite us, is clearly the most divisive influence in race relations since the Ku Klux Klan. The American Dream is disappearing from our shores with each utterance of Barack, the Divisive, now committed to a policy of creating race war for political benefit. On the one hand, for the first time in history it appears one generation of America will not leave their children better off than they themselves were – the point at which all political discussion should begin.

Barack Obama has decided that the battle will NOT be fought upon that ground, however, but on one of his choosing. Deplorably, the mainstream media has abetted him in this ugly switch of emphasis. Deplorably, too large a percentage of Americans don’t choose to understand the issues, but only to listen to the mainstream media rhetoric seldom sung with evidential accompaniment. He is playing to the weakest part of our natures. Only those locked into self-doubt so deep as to believe they cannot make it without huge amounts of help from the government favor socialisms and dependency, but many do and the media perpetuates that self-limiting stereotype at every opportunity. Instead of really helping poor people by teaching them the skills and attitudes needed to transform themselves, Blacks are almost always portrayed as helpless victims of the system, the only Black success stories routinely shown lie in two fields of endeavor: show business and sports.

Obama, unable to win on the factual basis of his promised job-creation ability has played the “race” card like a master of cacophony. His latest target is one of the most cynical and hateful ploys ever played upon the American public. His sneaking attempt to make Puerto Rico^^ a state; his lying attacks upon the Arizona immigration law, while doing nothing federally to attack the problems that spawned that law; and his hoped for coup de gras Amnesty and overnight citizenship for 14 million illegal aliens is all designed to make the “dependency class” permanent and much, much bigger; and permanently enshrine a whole host of Democratic-favoring welfare-dependents into the voting rolls. Never mind the devastation to the country as a whole. “Hispanicos, que siempre vivan fuertes e independientes y nunca como esclavos del dictador Obama, jamas!” (“Hispanics, may you stand strong and independent and never become slaves to Obama’s oppression!”).

Ya’ll live long, strong and ornery,

Rajjpuut

** LBJ paid brief lip service to the fact that Black (he called them “the NE-gro”) economic status had risen dramatically since the end of World War II, but all the other statistics he cited in the speech were about differences between Black and White earning power and how government must intervene in the interest of fairness. Mandated social justice has never worked. Like the American Revolution, Martin Luther King, Jr.’s marches and sit-ins and Gandhi’s non-violent opposition that eventually gained India her freedom, social justice is largely earned or it does not occur. Just imagine . . . what kind of shift would occur in Black consciousness if Clarence Thomas was suddenly considered a prime role model for black youth rather than Rangel, Jesse Jackson, and Sharpe. Unfortunately, the easy way doesn’t work well or frequently, but it’s always more popular than the way of character. Black Americans hearing MLK’s inspiring “I Have a Dream” speech must truly take to heart the sentence about “the content of their characters?” That is the sentence that defines the American Dream.

^^ Obama knows little about the proud people of Puerto Rico. The “51^st State” issue is not a hot-button Puerto Rican issue. Puerto Rican people, when they consider “la situation Puertoriquen~a” think independently. This issue comes up routinely for vote about once every decade and is a frequent visitor at kitchen table discussions. Roughly 34% of the islanders called “Independistas” think Puerto Rico needs to become an independent nation. Roughly 32% (the “Estadistas”) hope for big advantages if they were to become an official part of the United States. Meanwhile 33-34% of the populace like things just the way they are. They like the upside of being U.S. citizens without a lot of the downside, they represent the “Estatus Quo” and they always win whenever “la situation” is voted upon. The size of the voting base for each group changes only slightly over time. Two thirds of Puerto Ricans are NOT interested in statehood, period. No act of congress can change that. All said, the racism of Obama is clear and evident and unbelievably, the mainstream media can't see it.

While Rajjpuut is NOT a fan of big and politically powerful labor unions, in the union’s favor it must be stated that the government of Greece has been guilty of outright lying and manipulating debt with “funny” statistics for about a decade now and the news that came out when the truth finally was released was more than shocking, it was abysmal. Oh, and for you Obama-watchers here, the D/GDP ratio in the United States has now risen to 76%.

To put things in perspective, and thus realize just how badly off the economies of Greece (also Spain, Italy, Ireland and Portugal) and the United States are, consider that the next worst of the European countries (England) had a ratio of only 11% w hen the following memorable speech linked immediately below was made to the EU by Daniel Hannan criticizing the actions of Prime Minister Gordon Brown a year ago. England’s ratio now is roughly 14% . . . .

https://www.youtube.com/watch?v=94lW6Y4tBXs

Many believe that Greece’s “contagion” will spread quickly to the other “PIGIES” (the next five weakest countries in Europe mentioned earlier, Greece is the "G") with one-time European financial bulwark Spain possibly the next to go. Spain about seven years ago had the strongest fiscal situation of any European power. Then they decided upon a critical experiment (one that Obama wants to work over here) and aimed to become the world’s #1 power in green technology. Spain’s 3% unemployment has spiraled all out of control and is now at 20%, second only to Greece’s problems. In the Spanish experience every green-tech job created cost $677,000 in government subsidies and killed 2.2 jobs in the real market place because of government spending and taxation. Most Spanish green jobs lasted from six weeks to nine months and only 1/10 of them proved permanent. In the United States that would translate to Obama’s promised “five million new green jobs” costing the loss of eleven more real economy jobs to subsidize them; and then with only 500,000 of those jobs proving permanent and a 22/1 ratio of lost real jobs to permanent green tech jobs. Additionally the typical green job pays $10-$14 per hour which is a huge letdown to most Americans’ way of thinking about new technologies.

The violence created in the streets by the Greek labor unions cost three bank employees their lives two days ago. The unions say they’ll refuse to make any financial concessions. Their intransigence might worsen the Greek debt situation or repel the other EU countries completely. As for Germany’s hesitation, the Germans suffered one of the two greatest inflations in European history (during the Weimar Republic after WWI, which eventually spawned Adolph Hitler and the Nazis) and the country is loathe to get involved with the fiscally irresponsible Greek government at risk of inflation to their own country. However, German Prime Minister Merkel has made it plain in her speeches that the “survival of the European Union is at stake.” Once again the European experience may prove to be a harbinger of things to come for the USA, because Fed Chairman Ben Bernanke has inflated our money by 1500% so that now there is 1600% more money in circulation in the country and today’s 2010 dollar is now potentially worth only about 6.3 cents compared to the 2008 buck. Of course in this country we're talking about fifty individual states in financial disarry not twenty-four separate countries.

Worse news for Greece, the violence and fiscal unrest don’t look like they’ll be ending anytime soon. If that ugly scenario keeps repeating the EU may not loan the money and Germany's refusal also could be in the cards. And the possibility of a worldwide depression is always on investors’ minds. Additionally, with the latest round of worries that the Greek debt contagion will spread to Spain and elsewhere in Europe. The looming specter of massive debt default and deflation is heavy in the air for investors worldwide and fear dominates the markets. All this and unending days of national strike are NOT painting an encouraging scene.

Ya’ll live long, strong and ornery.

Rajjpuut