Stock Shock: Why Barack Obama Is The King Kong Of Drug Dealers

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Money creation

“Lesson No. 1: Don’t underestimate the other guy’s greed. Lesson No. 2: Don’t get high on your own supply.” — From the 1983 movie Scarface

President Barack Obama is worse than the corner crack dealer who tells kids, “The first hit is free.” Instead of getting a neighborhood addicted to cocaine, he has the Nation hooked on cheap money.

It all worked out perfectly well — for Obama, that is. He won his Nobel Peace Prize, gave the economy its “fix,” was re-elected President and is assured of having inner city-schools named after him for the next century. Mission accomplished for the egomaniacal President.

For you and me, the nightmare is just beginning. And we will look back and say it began on June 19, when Federal Reserve Chairman Ben Bernanke suggested he is going to wean the economy off cheap cash.

Currently, the Fed is spending $85 billion every month to buy debt that Uncle Sam can’t sell to anyone else. Bernanke had the audacity to suggest the Fed may start winding down its stimulus program because the markets are strong enough to stand on their own.

Wall Street financiers are savvy. When they heard those words, they felt the way Charlie Sheen feels when walking into the doors of a rehab clinic.

The market understands that the days of high times are over. Its sudden awakening erased 500 points from the Dow Jones industrial average, which in one fell swoop reduced wealth by a couple of hundred billion dollars.

Our Stock Market Nightmare

Sigmund Freud, the father of psychoanalysis, pioneered the understanding of dreams.  He also had a cocaine addiction. He found that cocaine helped cure depression.

In an article for CNN, Howard Markel, M.D., Ph.D., author of An Anatomy of Addiction, wrote: “Like so many others, Freud suffered from the most maddening symptom of addiction: the stealthy process by which the addict’s mind conspires to convince that nothing, nothing at all, is askew or dangerous about something that most decidedly is.”

Millions of people went on to find the ecstasy and short-term cure of cocaine. I suspect that many people (perhaps even Obama during his college days) discovered that it worked wonders until they were flat broke and even more depressed then when they started. Perhaps cocaine was Obama’s inspiration to get America hooked to an even stronger substance: cheap money.

The Independent reported in 2009:

Money works like a drug on the human brain – and even just the thought of earning a higher salary gives us a physical buzz, a study has found.

Scientists have discovered that thinking about cash stimulates the reward centres involved in pleasure and the higher the salary – even if it is just imagined – the greater the pleasure generated in the brain.

The results of the study suggest that the human brain is innately susceptible to the illusion of wealth that money can bring. This is known in economics as “money illusion” – when people get fixated on the nominal value of money, rather than on its actual purchasing power. Some economists have proposed that people behave irrationally when it comes to wages by being happier with higher salary increases in times of high inflation than they are with lower salary rises in times of low inflation.

For instance, studies have shown that people report being happier when they receive a 5 per cent increase in their salaries at a time of 4 per cent inflation, compared to a 2 per cent increase in salary at a time of low inflation.

That explains Obama-economics 101 and the basis for the feel-good economic programs he and special adviser Valerie Jarrett came up with during his Presidential campaign in 2008.

And it certainly has worked. The moneyed elite in America are richer.

But given the headline below, we should have known we were at a market top:

usatoday

I always heard there is no such thing as a free lunch, and it is true. Michael Lombardi wrote in Profit Confidential:

By creating trillions of dollars in newly printed money, the Federal Reserve inadvertently created a bubble in the bond market and spurred a big rally in the stock market.

By the end of this year, the Federal Reserve will have printed just under $1.0 trillion in new money—roughly equal to the U.S. government’s budget deficit for the year. What a coincidence.

So if the Federal Reserve stops buying U.S. Treasuries, who will step in and buy them?

It’s a rhetorical question. Nobody is going to buy Treasury debt — certainly not Russia, who is at odds with Obama over Syria, and not China, who is at odds with Obama over North Korea. That leaves the PIGS (Portugal, Ireland, Greece and Spain). These bankrupt European Union nations are desperate to sell off their own debt.

As for Obama, he is probably reviewing his blueprints to his Presidential library and his soon-to-be-purchased Hawaiian plantation, along with his bedecked Chicago mansion. The rest of us are left to deal with the financial catastrophe that he dealt us.

Don’t sweat it (pun intended). If you are starting to feel anxious and depressed and you really are sweating, it is just typical withdrawal.

In withdrawal the first reaction is loss. The second reaction is rage. And rage it will be when borrowing rates rise fourfold in the next two years.

Reagan Just Said No

The days of wine, roses and excess money took off during the Jimmy Carter Presidency. We got lucky because two things happened that saved the Nation. Paul Volcker, a fiscal-tough-love economist, was appointed Fed Chairman and Ronald Reagan was elected President.

America was weaned off of cheap money. It meant tough times for a spell, because the cure seemed worse than the disease. The Nation had to endure a rolling recession that cut deep into America’s agriculture and the resource sectors. Yet Reagan risked his political career because he knew it was the right thing to do.

If you are in your 50s or older, you will recall the early 1980s when interest rates shot through the roof.  We can look back on it and know it saved the U.S. dollar, but it was painful.

Consider what happened to the 30-year mortgage rate. It stood at 10 percent during the last year of the Carter Administration. Because the Fed squeezed the excesses from that economy, the 30-year mortgage rate reached 18.5 percent by 1981.

Reagan and Volcker understood that too much money and too much debt would kill the dollar over the long term. Kill the dollar, and in time you kill America.

Quantum Killer

Fast-forward three decades. Obama and his Fed Chairman did the exact opposite of Reagan and Volcker. Instead of pulling easy money out of the economy, they injected trillions of dollars more through three series of quantum easing. Obama and Bernanke didn’t care what America needed. (Of course, the claim is that the Fed acts independent of the White House. If you believe that, you probably believe that the National Security Agency isn’t spying on us).

The President and Fed Chairman have given the Nation copious amounts of ever cheaper money. And for five years, the Nation has believed it was doing better because the President and the Fed were injecting greater amounts of cash into our veins.

I have been looking at charts for more than 30 years, and I probably find them just as boring as most of you do. Yet the chart below really is worth looking at. It shows that Obama has been running the printing presses faster than a Latin dictator hopped-up on his own supply.

chart0625

Whatever previous Presidents have done regarding the printing of greenbacks doesn’t compare to what Obama has done. And stopping that tidal wave of money that the markets have become addicted to is going to cause a sickening withdrawal.

Prediction: Interest rates began to take off last week. The rates on three-month Treasury bills are rising. This is just the first indicator that, across the board, rates on mortgages, car loans, student loans and such are climbing. That is bad news for Big Board stocks, which have been soaring because bonds have been paying such a paltry return. Bad news for stocks means a falling stock market, and this market could easily lose half its value in the next 24 to 36 months.

Action to take: Lock in any loans you need for as long as you can. Sell all bonds and all stocks with the exception of special resource plays. Retain your physical gold and silver, but let’s see where prices go these next couple of weeks before adding to your position. Meanwhile, move money into cash — I mean cold, hard currency stored in a dry, safe place. Guns, ammo, canned foods and water should always be fully stocked, especially now.

Obama has written a huge check for us all, and the tab has come due.

Yours in good times and bad,

–John Myers

John Myers

is editor of Myers’ Energy and Gold Report. The son of C.V. Myers, the original publisher of Oilweek Magazine, John has worked with two of the world’s largest investment publishers, Phillips and Agora. He was the original editor for Outstanding Investments and has more than 20 years experience as an investment writer. John is a graduate of the University of Calgary. He has worked for Prudential Securities in Spokane, Wash., as a registered investment advisor. His office location in Calgary, Alberta, is just minutes away from the headquarters of some of the biggest players in today’s energy markets. This gives him personal access to everyone from oil CEOs to roughnecks, where he learns secrets from oil insiders he passes on to his subscribers. Plus, during his years in Spokane he cultivated a network of relationships with mining insiders in Idaho, Oregon and Washington.

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  • joe berger

    I hope you are not proposing that some Republican could do better.
    Bush with his unrestricted and unrestrained housing bubble is the guy who caused all the problems we have today. that was real inflation…MUCH worse than Clinton.

    • jimmie smith

      Don’t blame Mr. Bush for the housing problem. As I recall he went to congress to warn of the loose policies of fannie and freddie, but good ol boys Mr. Barney Frank proclaimed, along with Mr. Dodd, that those lending institutions were solvent. That was in 2005, and I’m sure you know the rest of the story?

      • hippybiker

        jimmie, you forgot to mention, one Mr. Obama was right there with those two worthless piles of excrement. They were in like company.

        • red neck

          Exactly!…. obama ( intentional small “o” ).. was a lawyer for ACORN while all of the housing scams were taking place under clinton. ( intentional small “c” )….

    • Don 2

      Surely, joe berger, either you really are a low-information voter and don’t know it, or you do know that it was the Carter(D)-era Community Reinvestment Act that forced banks to lend to uncreditworthy borrowers, mostly in minority areas. Harsh new regulations required banks not only to lend to uncreditworthy borrowers, but to do so on the basis of race. Then Bill Clinton(D) made changes to the rules that put the Community Reinvestment Act on steroids. A.G. Janet Reno(D) threatened banks with charges of discrimination, disallowance of bank expansions, adding of new branches, and mergers, if they did not comply.

      Bush(R) warned Congress five times, but Barney Frank(D) and Chris Dodd(D) kept saying everything was fine and dandy with fannie & freddie. Then the sky fell!

    • TheOriginalDaveH

      The economic problems we have today go far beyond Obama and Bush. Since the citizens foolishly put their heads in the sand and allowed the collaboration of Leaders and Crony Capitalists to destroy our Constitution it has been all downhill. Many of the colonists didn’t even want a Central Government, but power-seeking “heroes” like Ben Franklin and Alexander Hamilton persuaded the people to form the Federal Government which was hopefully restrained to certain limited Powers by the Constitution. People like Thomas Jefferson knew better because they had experienced the corruption of Leaders. It wasn’t just the British who were taking advantage of Americans. Many of their own Leaders were using their Power to seek Special Privilege. In fact that is the nature of Government — a relative handful of people achieving special advantages over the rest of the people.
      But alas, the nature of people is to “go with the flow”, so the rest is history. As Jefferson said — “The natural progress of things is for liberty to yield and government to gain ground”.
      Those who would like to get a better grasp of history, Government, and Crony Capitalism should read these books:
      http://library.mises.org/books/Murray%20N%20Rothbard/Conceived%20in%20Liberty_Vol_2.pdf
      http://mises.org/Books/historyofmoney.pdf

      This one isn’t Free but it definitely is worth reading:
      https://mises.org/store/How-Capitalism-Saved-America-P260.aspx

      • SamFox

        Can’t fault this post original Dave. Very good points.

        Most of the founders were also against a central bank.

        SamFox

    • vicki

      Let’s look at the cause of the housing bubble just for a moment.

      And who tried to warn us?

      Now again who were you blaming?

      • http://batman-news.com samurai

        HHHHHooooorrrrraaaaahhhhh! Good posting and sources Vicki. Just be prepared for Bob Antichrist to attack you for using youtube. Here is an article showing how Obama bin Laden and his administration is creating a Holy War in our military.
        http://www.townhall.com/columnists/rebeccahagelin/2013/06/24/let-our-soldiers-express-their-faith-n1626420/page/full
        FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
        You need both love of country and faith in GOD to be a patriot.
        “God’s plan is dedicated to the unification of all races, religions, and creeds. This plan, dedicated to the new order of things (NWO), is to make all things new – a new nation, a nonsectarian religion that has already been called the religion of ‘The Great Light’…to unfold the New Age (NWO) of the world – A ‘Novus Ordo Seclorum’.”
        C. William Smith
        The New Age magazine
        “God’s Plan for America”
        Sept. 1950, p. 551
        Freemason
        *I’ll be expecting Bob to attack this at any time now.

  • joe berger

    to clarify….
    I am not defending Obama in the slightest. but the Republicans are worse.
    It really is hard to say which party is the worst….over the long term.

    • Nadzieja Batki

      Actually you are defending O.

      • http://batman-news.com samurai

        I second that motion! FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
        You need both love of country and faith in GOD to be a patriot.
        “The Bible contains more knowledge necessary to man in his present state than any other book in the world.”
        Benjamin Rush
        Founding father
        Devout Christian

  • Frank Zappa

    Simple:
    Government produces NOTHING.
    Government takes EVERYTHING
    need I say more?
    We are a “Party of One” By the Corporation for the corporation and “Screw” the American people. The ‘Repubican’s are the party of NO and the Deamoncats are the party of yes and give E’m everything they want, forget about logic. Illegal immigration WILL ensure that the Deamoncrats will stay in power. LOW VOTER INTELLECT means the scum of the earth will remain in office, and after all any politician in their right mind only need worry about getting reelected.
    The Supremes have screwed us once again forget the constitution. Jay Leno made a great observation and that is ‘since we are NOT using our constitution we may as well just give it away to another country that might use it. Cry baby Bonner and traitor McCain, Nasty Nancy Piglousy and her minions, not to be outdone by Diane Frankenstein, Barbra Bwoxxxxxer. While I am not sure which of all these are the biggest freaks I can assure you that they are all SICK, because what ever they screw up now WILL affect their family children / grandchildren.
    Since Congress has a single digit approval rating small wonder that we have survived this long as a nation.

    • FreedomFighter

      America is a captured nation, the new owners don’t like the natives, we are independent, rebellious, love freedom, liberty, are well educated, productive and know the life of self determination — all an anathema to the central government, socialist/fascist/communist model the new owners want…so they flood the country with ignorant workers that are easily manipulated to do their bidding.
      20-30 million illegal aliens made citizens will end America as a free nation by giving the socialist democrat party a 50 to 100 year lock on all elections.
      Laus DeoSemper FI

      • Frank Zappa

        Semper Fi
        I can call you brother because we see things the same way. There may be other reasons but this will do for now.

      • TheOriginalDaveH

        I wouldn’t bet money that the illegals will help to end America. They are coming from a place where there are few opportunities as a result of Big Government in Mexico. Many of them might be ignorant initially but catch on to the concepts of Freedom rapidly given that they have personally experienced the results of loss of Freedom.

        But if right-wingers continue to vilify them and blame them for an economy that Big Government has trashed, maybe they will just ignorantly lash out at Freedom lovers, having associated them with right-wingers.

        • Don 2

          I’d bet money on it. The majority of Hispanics believe in big government, and in big government taking care of them. That’s why 80% of them vote Democrat.

          • TheOriginalDaveH

            It’s a fact of life that when 1 group treats them like trash, and another group treats them like treasure, they will tend to gravitate to the latter group.

            Read this:
            http://www.dallasnews.com/news/politics/texas-legislature/headlines/20100224-More-than-half-of-Hispanics-identify-8096.ece

          • Bob666

            Yo DaveH
            Very well stated.

          • FreedomFighter

            Still a fool I see.

          • Bob666

            Yo French Fry,

            Still a Moron I see.

            Lapis reprobatus caput
            anguli

          • http://batman-news.com samurai

            Still the personal attack I see. Why the Latin? Didn’t you know it is a dead language and most people here could care less about it? Go and leave us alone troll! FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
            You need both love of country and faith in GOD to be a patriot. This leaves you out.
            “Better to fight for something than to die for nothing.”
            General George S. Patton Jr.

          • Bob666

            Well Sammy,

            Still a fool I see

          • http://batman-news.com samurai

            No response due to lack of intellectual content. FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
            You need both love of country and faith in GOD to be a patriot.

          • Bob666

            but geisha boy-whats with the personal attack???
            is the a double standard Mr. Center of the Universe?

          • http://batman-news.com samurai

            Go away Bob. Here is what your “messiah” is doing in Washington.
            http://www.politicaloutcast.com/2013/06/obama-doing-what-americans-want-least/
            FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
            You need both love of country and faith in GOD to be a patriot.
            “The blessing and protection of Heaven are at all times necessary but especially so in times of public distress and danger. The General hopes and trusts that every officer and man will endeavor to live and act as becomes a Christian soldier, defending the dearest rights and liberties of his country.”
            George Washington
            Devout Christian

          • Bob666

            Well Geisha Boy,

            As usual-you are wrong. Did not for Obama and do not support him.

            You will will get it right one day-I’m rooting for ya. Run Sammy-Run

            Sir Edward Victor Appleton,
            English physicist. Nobel prize for physics 1947.
            Isaac Newton Lodge, No. 859, Cambridge.

          • Bob666

            No response due lack of factual content by Geisha Boy.

          • http://batman-news.com samurai

            “Very well stated.” I see we still acn’t come up with our own ideas. You have to ride people’s shirt tails, eh Bob? Not that good of a response for a former professor. Here is some information on your Masonry groups.
            1. You must believe in a Supreme Being. (No matter the religion and mostly pagan gods.)
            2. You cannot be a woman.
            3. You must not be a slave. (Does this count us who are becoming slaves to our own government?)
            4. You must be an adult.
            5.You must be recommended by existing Freemasons. (Who recommended you?)
            6. Conceal each other’s crimes.
            7. Deliver each other from difficulty, regardless right or wrong.
            8. Unduly favor Masonry in ploitical action and in business matters.
            9. Bound by death oath not to make known Masonic secrets. (What have they got to hide?)
            10. Swear to avenge Masonic oath breakers unto horrible death. (Once again, what are they hiding?)
            11. Pay Masonic dues.
            12. Donate to Masonic charities. (What is wrong with other charities that help the poor and down trodden?)
            They don’t sound too Christian to me there Bob. Are you sure you want to brag about that group? Here is an article showing how a former super star is standing up for our God-given rights under the 2nd Amendment.
            http://www.townhall.com/tipsheet/leahbarkoukis/2013/06/22/madonna-stands-up-for-gun-rights-n1625139
            FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
            You need both love of country and faith in GOD to be a patriot.
            “Christianity is the only true and perfect religion; and…in proportion as mankind adopt its principles and obey its precepts, they will be wise and happy.”
            Benjamin Rush
            Founding father
            Devout Christian

          • Bob666

            Oh Poor Sammy-

            You A$$ is obviously smarting from the spank’en you have received.

            “”Very well stated.” I see we still acnt come up with our own ideas. You have to ride people’s shirt tails”,

            Just ageing with a statement by DaveH-have a problem with that?

            What is with the semi coherent babel on Freemasonry?

            Here is a thought for you,
            ‘I know that you believe the world evolves around you-but did you ever think that most people on this site might be a little tired of your baseless attacks on Freemasonry?

            Find another subject-this one grew old a long time ago.

          • http://batman-news.com samurai

            Did you ever think that most people are tired of your lies, innuendo, rhetoric, and hate you spew towards the patriots on this site? How about you claiming to be a libertarian, which is fine, but then you always support the libs, progs, and communists on this site? Do you think people get tired of you saying you only speak facts, but you cite no sources? You spank me? Yeah, right. You haven’t even phased me. Such a person is Bob antichrist. A megalomaniac who always wants to agrandize himself in front of everyone here. The so called babel about Freemasonry is true and you cannot deny it. If you could, you should have posted a source to prove it. Instead you only post a personal attack. Spanking? I suggest you sit down and think about hoe Freedom Fighter, Jay, Jeff H., Dave H., and I are sweeping the field with you. You need to go home Bob, as you bring nothing here but ignorance and childish disdain. Here is something dealing with how the SCOTUS held up your marriage.
            http://www.newsmax.com/Headline/catholic-league-donohue-doma/2013/06/26/id/512151?s=al&promo_code=13F7B-1
            FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
            You need both love of country and faith in GOD to be a patriot. This leaves you out.
            “Whatever strikes at the root of Christianity tends manifestly to the dissolution of civil government.”
            SCOTUS case
            People vs. Ruggles 1811
            *You are a fraud and need to craw back under the rock you crawled out from.

          • Bob666

            Well Sammy,

            Are you tired of throwing your tantrum yet? Did you kick your dog?

            Once again Sammy-what have I lied about? grow a pair and inform the world?

            “Do you think people get tired of you saying you only speak facts, but you cite no sources”?

            When-Where did I do this?

            How about space aliens Geisha Boy? and the mythical page 189? I could go on, but you do not cite sources Sammy-You site crap and all has been disproved.

            Did you read page 189??????? I gave you the link and I can give you more, but you won’t go there because it does not support your agenda..

            Your response is nothing more than desperation to save face -and that will never happen. What organization of great scientist, leaders (military, business and patriots) and artist do you belong to?

            I’m proud to part of an organization that built America ans has some of the most impressive patriots in American history as members. It is because of Freemasonry that you have both the right and opportunity to embarrass yourself here every day.

            Keep posting Sammy and we will keep rolling our eyes!

            BTW-Richard Nixon, really?????

            Gen. Joseph Warren,
            Physician, Patriot, killed at Bunker Hill.
            St. Andrew’s Lodge, Boston. Grand Master of Massachusetts

          • http://batman-news.com samurai

            Ha, ha, ha, ha! I laugh at your ignorance. Christianity has done more to form this nation than anything Masonry has ever done. Here is a site that shows Freemasonry and the KKK are connected.
            http://www.jesus-is-savior.com/False%20Religions/Freemasonry/ku_klux_klan.htm
            There is even facts that showed how the Nazis used pagan symbols from Freemasonry in their architecture.
            “Magic and cultic symbols have a dangerous element, and this is the element I have copid from them.”
            Adolf Hitler
            His thoughts on Freemasonry
            Hitler’s Library by Ambrus Miskolczy
            Did you know that when the Knights Templar were being hunted and suppressed they fled to areas with no Papal control and dived into secret societies, namely Freemasonry, Illuminati, and the Shriners?
            How about this one Bob?
            “The form of a learned or literary society is best suited to our purpose, and had Freemasonry not existed, this cover would have been employed; and it may be much more than a cover, it may be a powerful engine in our hands.”
            Adam Weishaupt
            Founder of the Bavarian Illuminati 1776
            How about this one Bob?
            “Masons who have reached such degrees as 32 and 33 are not called Masons. They are called Muslim Shriners. When you take the 33 degree you are taught to greet each other; ‘As-Salaam Alaikum'”.
            Elijah Muhammad
            Muslim Shriner
            And if what you say is true, why would John Quincy Adams speak out against it?

            “Masonry ought forever to be abolished. It is wrong – essentially wrong – a seed of evil, which can never produce any good.”

            John Quincy Adams
            Letters on Freemasonry 1833

            There just seems to be more and more evidence piling up against you and your group. Can you cite sources, no pro-masonry sources, only credible sources, that deny these claims? FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!

            You need both love of country and faith in GOD to be a patriot.

            “I am a Christian. I believe only in the Scriptures, and in Jesus Christ my Savior.”

            Charles Thomson
            Secretary of the Continental Congress
            Designer of the Great Seal of the United States
            Was one of 2 founders to sign the initial draft of the Declaration of Independence (The other was John Hancock)
            Devout Christian

          • Bob666

            Yo Geshi Boy,

            ” laugh at your ignorance. Christianity has done more to form this nation than anything Masonry has ever done. Here is a site that shows Freemasonry and the KKK are connected”.

            “”Masons who have reached such degrees as 32 and 33 are not called Masons. They are called Muslim Shriners. When you take the 33 degree you are taught to greet each other”?

            did you not complete the cut and paste?

            Care to cite sources beyond the voices in your head on this emotionally challenged dribble?

            As usual-no substance-all fringe crap for the internet-we know that all of that stuff is real…….

            Did you read the real page 183 yet????? Liar -Liar-little geisha panties on fire!!!!!

            Darryl F Zanuck,
            American film producer. Co-founder of 20th Century Productions.
            Mount Olive Lodge No. 506, Los Angeles.

          • http://batman-news.com samurai

            I did cite sources, but you are just too lazy to look them up. FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
            You need both love of country and faith in GOD to be a patriot.
            BTW, why the personal attack and tirade? You sound more like some teenybopper than a professor.

          • Bob666

            Yo False Witness Geisha Boy,
            No sources cited-only fringe crap with no substance.

            You can’t even lie with success.

            And Sammy-Private college that you could not get accepted to-where do you teach fake history at?

            George Washington,
            1st President of the USA.
            Fredericksburg Lodge, Virginia

          • Bob666

            Yo Babble Boy,
            “Manly Palmer Hall (March 18, 1901 – August 29, 1990) was a Canadian-born author and mystic. He is perhaps most famous for his work The Secret Teachings of All Ages: An Encyclopedic Outline of Masonic, Hermetic, Qabbalistic and Rosicrucian Symbolical Philosophy, which is widely regarded as his magnum opus, and which he published at the age of 25 (or 27, 1928)”.

            He has been widely recognized as a leading scholar in the fields of religion, mythology, mysticism, and the occult.

            Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha, Ha,

            At what point are you embarrassed? Ever???

          • http://batman-news.com samurai

            At what point do you ever quit attacking people? You are in violation of Bob Livingston’s comment policy, now knock it off. Just go away Bob. Here are some things for you to look at about Freemasonry.
            http://www.theforbiddenknowledge.com/symbology/1o5.htm
            http://www.bibliotecapleyades.net/sociopolitica/sociopol_brotherhoodss01c.htm
            http://www.davidicke.com/forum/showthread.php?t=14079
            http://www.ephesians5-11.org/gllink.htm
            http://www.rense.com/general77/freem.htm
            http://www.cuttingedge.org/free11.html
            Care to prove these wrong Bob? FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
            You need both love of country and faith in GOD to be a patriot.
            “Whatever makes men good Christians, makes them good citizens.”
            Daniel Webster
            U.S. Senator
            Secretary of State
            “Defender of the Constitution”
            Devout Christian

          • Bob666

            OK Mr Double Standard,

            Back to recycling crap I see. Ever hear of a book-go read one.

            Gen. Joseph Warren,
            Physician, Patriot, killed at Bunker Hill.
            St. Andrew’s Lodge, Boston. Grand Master of Massachusetts.

          • FreedomFighter

            I never said treat them like trash DaveH.
            They the illegals are being used to facilitate an end result, if anything, once the result is reached these illegals made citizens will be worse off than in there original countries due to the direction of central government socialist/communist/fascist direction we are headed.
            In other words they will be used then abused and so will there children along with the rest of America
            Laus DeoSemper FI

          • http://batman-news.com samurai

            Here is some good news about the amnesty bill.
            http://www.foxnews.com/politics/2013/06/24/staunch-immigration-reform-critic-sen-lee-thinks-bill-will-get-70-senate-votes/
            The good news is that it is not expected to pass the House. If they argue that we need a workforce, ask them about the 55 million babies killed by infanticide. If they were allowed to live, we would have a larger workforce. FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
            You need both love of country and faith in GOD to be a patriot.
            “The greatest enemy of the salvation of man, in my opinion, never invented a more effective means of limiting Christianity from the world than by persuading mankind that it was improper to read the Bible at schools.”
            Benjamin Rush
            Founding father
            Devout Christian

          • SamFox

            Good point samurai. The lib prog morons are killing off their own SS base with ‘choice’.
            Plus when workfare is fully implemented, everyone on welfare will be turned into a govt slave. That won’t happen over night, but will be brought in ‘progressively’.
            SamFox

          • http://batman-news.com samurai

            Thanks. Another fellow patriot has joined the thread. Here is an article that shows how the HHS are running Obama bin Laden Care.
            http://www.impeachobamacampaign.com/video-hhs-running-obamacare-as-a-black-ops-mission/
            What else is new? FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
            You need both love of country and faith in GOD to be a patriot.
            “While we are zealously performing the duties of good citizens and soldiers, we certainly ought not to be inattentive to the higher duties of religion. To the distinguished character of Patriot, it should be our highest glory to add the more distinguished character of Christian.”
            George Washington
            Devout Christian

  • Al Chemist

    “How does a country trillions of dollars in debt give out billions of dollars (if not trillions of dollars) in financial aid to other countries?”—Anon

    • mark

      Because it is cheaper to buy off or try and influence other nations with money to do what the U.S. wants them to do – than it is to invade them. Cost of Iraq War to taxpayers: $2 trillion. Cost of Afghan War $1 trillion. Cost of Vietnam War $1 trillion. Cost of U.S. foreign aid per year: $49 billion or around 1.3% of the total annual federal budget. It is one of the best bargains taxpayers get for their money especially when compared to monstrously expensive and mostly pointless wars.

      • Billy

        I understand the concept of foreign aid, however they truth of it is it doesn’t work. Even with the billions of dollars in aid they steel don’t do what the US wants of them. As a matter of fact they have caught onto the free money coming from American and its mighty tax payers, these country’s has learned to get what they want while not given the US what we wanted in return for that money was for. Some of the middle east country as taken the money and arms from us as aid and then used them against the US. Other country’s such as Russia and china has learned that they can boss the US around because we have lost our back bone, Mean while the tax payer has paid a great price for a policy that has failed. Do you really think that Iran and North Korea really care what the US wants from them, the country’s that work with us would have work with us anyway because it is in there best interest to do so. meanwhile country’s like Afghanistan only work with us while it benefitted them as soon as we pull out you will see them do a 180 and start working with the terrorist groups again. At the end of the day we will have spent billions and lost many soldiers and in 2 years it will be back to what it was when we first went in there.

        • TheOriginalDaveH

          The best course of action is to remove Government from the charity business. It is not their money to give. When people give other unwilling peoples’ money away, it is not charity, it is Theft.

          • SamFox

            TODaveH, & conservatives give far more than libs & progs.
            Good point.
            SamFox

          • http://batman-news.com samurai

            I second that motion. FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
            You need both love of country and faith in GOD to be a patriot.

      • TheOriginalDaveH

        As usual, mark regurgitates the Progressive Propaganda that the Leaders want us to believe. Here’s a more educated analysis on Foreign Aid:
        http://mises.org/daily/1093

        Often times, if not usually, the “aid” has strings attached requiring the recipients to use that “aid” to buy US products or services (can you say Crony Capitalism?). Imagine that. They take money from all of us, and then the Crony Capitalists specially benefit from our Forced charity.

        http://www.mises.org/freemarket_detail.aspx?control=334

      • http://batman-news.com samurai

        Just think, that is $49 billion, probably a lot more, tax dollars that could be spent on other things, like our ever increasing debt. This is also money that is robbed from the American taxpayer to be given to someone else. These wars had there points and the mission was clearly stated in all of them. BTW, they were voted on by the House and Senate before we ever went there, not like Lybia, several nations in Africa, Yemen, and many other places under Obama bin Laden. At least I voluntarily served in 2 of these wars (Iraq and Afghanistan), but where and when did you serve? FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
        You need both love of country and faith in GOD to be a patriot.
        “The only means of establishing and perpetuating our republican forms of government is the universal education of our youth in the principles of Christianity by means of the Bible.”
        Benjamin Rush
        Founding father
        Devout Christian

    • dan

      by encouraging it’s capital infrastructure to be shipped piece by piece,factory by factory and job by job ?

  • village idiot

    Lesson no.1 ” Don’t underestimate the other guys greed.” Lesson no.2 See lesson no.1! Enough said.

  • dan

    Dems or Reps…they’re all GLOBALISTS and they don’t CARE about America…
    they’re feathering their nests for after the USA is a third world plantation….

    THEY’RE SELLING US OUT !

  • red neck

    The biggest problem is that this country now has a working force that is outnumbered by a voting force… Although I for one take no stock in polls or votes due to the corruption we have way too many voters that are voting for “FREE” stuff while they sit around in pajamas watching cartoons and drinking Kool-Aid.

  • perry

    One of the many things that Obama has increased is his wealth #2the disdain of the american people.

    • NC

      Perry, have you noticed that the “disdain of the American people” equals about the same percentage of those who never have voted for him in the first place?? Those who have hated him from square one??

      The people who voted for him in 2008 have seen his efforts to achieve the things he promised to persue AND have seen the “party of NO” fight him him solely because he beat THEIR man in 2008! THE INDEPENDENTS SAW THE SAME THING AND HELPED RE-ELECT HIM IN 2012!!

      • TheOriginalDaveH

        NC, the partisan zealot.

      • http://batman-news.com samurai

        Care to post sources to back up this rant? Here is an article by Michelle Malkin about the libturds/progturds use of the race card.
        http://www.townhall.com/columnists/michellemalkin/2013/06/26/played-out-the-liberal-racists-uncle-tom-card-n1627700/page/full
        I sure do like the way she writes. Intelligent, skillful, truthful, and to the point. This must be why she is hated about as much by the 5th column as Palin. FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
        You need both love of country and faith in GOD to be a patriot.
        “By renouncing the Bible, philosophers swing from their moorings upon all moral subjects. It (the Bible) is the only correct map of the human heart that ever has been published.”
        Benjamin Rush
        Founding father
        Devout Christian

        • http://cowboybyte.com/ Alondra

          Samurai, did not you know that the unique Nut Case’s source is his heart?

          • http://batman-news.com samurai

            And how dark it is. No Holy Light at all. Here is an article and video asking for the supporting os a National Day of Prayer on September 11, 2013.
            http://www.wnd.com/wnd_petition/91113-a-call-for-national-day-of-prayer-and-fasting/#video
            Shall we do like our founding fathers asked for 15 times during the Revolution? FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
            You need both love of country and faith in GOD to be a patriot.
            “Jesus Christ has in the clearest manner inculcated those duties which are productive of the highest moral felicity and consistent with all the innocent enjoyments, to which we are impelled by the dictates of nature. Religion, when fairly considered in its genuine simplicity and uncorrupted state, is the source of endless rapture and delight.”
            Zephaniah Swift
            U.S. Congressman
            Diplomat
            Judge
            Author of America’s first legal text (1795)
            Founding father
            Devout Christian

      • perry

        NC what are you trying to tell me?that you are angry he got reelected, or you are are you mad at the people who reelected him! !In my mind you need to deal with disappointment.

  • ONTIME

    As the entitlements increase, the money drys up, your income will decrease but your taxes will increase because the tool use of money is now be mismanaged and used as a band aid for the quelling of those who will riot in order to stay on entitlement and live off your disappearing dime…..misery loves company.

    • http://batman-news.com samurai

      True that! True that! Couldn’t this be the 5th columners trying to use psychological warfare on us? Tyrants always use it, so why shouldn’t Obama bin Laden, along with his ilk, use it on us? We have to be mentally, as well as physically, prepared for the good fight.
      http://www.westernjournalism.com/psychiatry-as-a-weapon-of-tyranny/
      FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
      You need both love of country and faith in GOD to be a patriot.
      “I do not believe that the Constitution was the offspring of inspiration, but I am as satisfied that it is as much the work of a Divine Providence as any of the miracles recorded in the Old and New Testiment.”
      Benjamin Rush
      Signer of the Declaration of Independence
      Surgeon General of the Continental Army
      Ratifier of the U.S. Constitution
      “Father of American Medicine”
      Treasurer of the U.S. Mint
      “Father of Public Schools under the Constitution”
      Devout Christian

  • ridge runner

    Go reread the books of the marxist muslim’s writing with the unrepentant domestic terrorist Bill Ayers, all of the fks are members of the National Democrat Party, and supported by any abhorant freaks who hate the USA.

  • TheOriginalDaveH

    Notice how David Erickson doesn’t dispute anything John says but goes right for the ad hominem attacks on John. He accuses John of name-calling but has no less than 5 personal/name-calling attacks on John.
    It’s the typical “do what I say, not what I do” comment from a Liberal Progressive.

  • Native Blood

    Where are all the hostile progressive posters? It seems that the turn of events are catching up to them and that their hero is failing miserably. Anyway, great article John. It looks like you did some deep research on this one.

    • Karolyn

      Where are all of the hostile conservative posters? Fact is, there are only 30 comments here.

      • Nadzieja Batki

        Hostility is your domain, Karolyn as it is the domain of the Dems/Progs/Leftists.
        Conservatives and Libertarians have work, family, synagogue classes and church functions, school, kids to take care of, animals to take care of, vacations to take, military duties and moves,etc., etc..

        • Karolyn

          Let’s have an “Alleluia!” Yes, all the hateful conservatives who post daily have no hostility. All the things you pointed out are not the exclusive domain of conservatives and libertarians, Nadzieja. If that’s what you really believe, I feel sorry for you. Now THAT shows hostility – being so judgmental of a whole group of people – like they are really so different from you. lol

          • okihadit

            they are!

          • http://cowboybyte.com/ Alondra

            Karolyn, I repeat:
            Look at your mirror. There you will find the BEST example of HOSTILITY toward KNOWLEDGE, LOGIC and REASONING.

          • Karolyn

            HAHAHAHAHAHAHAHAHA! :-)

          • http://cowboybyte.com/ Alondra

            Is this libtardic HISTERIA?

          • Karolyn

            No it’s not HISTERIA. It’s just the laugh you gave me stamping your feet while presuming to KNOW ALL. it just amazes me that people like you cannot fathom that there are those who don’t agree with everything you believe who might have valid points to make. Contrary to your modus operandi, I DO listen to and ponder what I hear from any “side’. Although you believe you have all the answers, you don’t – nobody does. I’m just really grateful I don’t have to personally deal with people like you.

          • http://batman-news.com samurai

            Karolyn, it is not so much that your side has opposite or different views than we do, but you always say that something is fact without any sources to back them up. The use of sources would increase your credibility. We have agrred on some things in the past, you know we have, Sook Young has also, but to sit there and accuse someone of being holier than thou does not bid well with credibility issues. You say you have all this college education, which is great, I don’t deny it, but you should think of it as a priviledge to be used for the betterment of your fellow man (or woman). I’ll tell you what Karolyn, I’ll ask you a question that I asked my students in my class, OK? It isn’t difficult. What is American Exceptionalism? If you can answer that, hopefully no cutting and pasting like some do on this site, you’ll score some credibility points with the Samurai. Here is an article that shows the senators that passed the latest immigration bill has shredded the Constitution a little more.
            http://www.godfatherpolitics.com/11450/immigration-the-constitution-is-just-a-scrap-of-paper/
            Here is Obama bin Laden violating the God-given 1st Amendment rights of all Americans.
            http://www.westerjournalism.com/obama-to-force-chaplains-to-perform-gay-marriages/
            Here is one where the libturds and progturds on the SCOTUS have violated God-given rights under the 10th Amendment.
            http://www.townhall.com/tipsheet/guybenson/2013/06/26/breaking-supreme-court-issues-landmark-gay-rights-decisions-n1628118
            There are so many, that it would take hours to list them all. Go only by the Constitution and the ways of our Christian founding fathers. FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
            You need both love of country and faith in GOD to be a patriot.
            “…all nations may know and be obedient to that grace and truth which came by Jesus Christ.”
            Caleb Strong
            Delegate at the Constitutional Convention
            Helped frame the Constitution
            Ratifier of the Constitution
            U.S. Senator
            Governor of Massachusetts
            Devout Christian

          • Karolyn

            The words define the term. American exceptionalism is the belief that the United States is unique and special and has a mission to spread democracy and humanity to the world. And, Samurai, when I have something to say about a specific issue, I do post links. I am not on any “side” other than that of peace, health and prosperity for everyone. My posts here have been directed toward those who think that because people are “leftists,” “progs.” or “dems” they are almost inhuman. That is Alondra and Nadzieja’s opinion.

          • Karolyn

            The words define the term. American exceptionalism is the belief that the United States is unique and special and has a mission to spread democracy and humanity to the world. And, Samurai, when I have something to say about a specific issue, I do post links. I am not on any “side” other than that of peace, health and prosperity for everyone. My posts here have been directed toward those who think that because people are “leftists,” “progs.” or “dems” they are almost inhuman. That is Alondra and Nadzieja’s opinion.

          • http://batman-news.com samurai

            It is a belief that America is great and unique, spreading freedom, humanity to the world, but you forgot something. It also implies how we are this way by the blessings of God and Jesus. Yes, I have seen you post links, I cannot deny that. I don’t think that they, themselves, aren’t human, I just don’t agree with where many of them stand. Many of the ideologies they stand for are against the Constitution and the ways of our Christian founding fathers. Jeff called for raising the debt ceiling, some call for a new Constitution, the dissolving of traditional marriage, amnesty, and many other immoral, unethical, unviruous, and unchristian things. If I have insinuated you in any of these things, let the Samurai extend his apologies to you. BTW, Sook Young says hi. Here is something that says supporters of traditional marriage are enemies of humanity. What a hoot!
            http://www.godfatherpolitics.com/11480/court-declares-marriage-defenders-enemies-of-the-human-race/
            FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
            “The examples of holy men teach us that we should seek Him with fasting and prayer, with penitent confession of our sins, and hope in His mercy through Jesus Christ the Great Redeemer.”
            Jonathan Trumbull
            Judge
            Legislator
            Governor of Conneticut
            Called “Brother Jonathan” by George Washington
            Founding father
            Devout Christian

          • Karolyn

            Thank you Samurai. Say hello back to Sook. I just believe people should live and let live and not be so hateful to one another. The vehemence with which some people display their animosity is no help in these crazy times we face and only serves to foster violence. I am no supporter of extremism from any camp.

          • http://batman-news.com samurai

            Thanks for the response Karolyn. I know I don’t act like it at times, but I don’t support extremism either, seen it in Iraq and Afghanistan. I don’t want things like that here, believe me. I just want this country to go by the ways of the Constitution and our Christian founding fathers. You have been on this site for awhile and you can tell who supports our founding and Conatitution, along with those that don’t. I’ll never stop fighting for this country against the growing encroachment of the 5th column (libs, progs, and others, to include RINOs). Have a good weekend Karolyn. FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
            You need both love of country and faith in GOD to be a patriot.
            “And this be our motto: ‘In God is our Trust.'”
            Francis Scott Key
            Star Spangled Banner

      • http://batman-news.com samurai

        Because you reap what you sow Karolyn. I guess you have heard of the SCOTUS getting one ruling right by the Constitution? How they took sections 4 and 5 out of the Voting Rights Act of 1965 and gave all authority back to the states? I guess they get it right somethimes. Got to give them credit for this one.
        http://www.freedomoutpost.com/2013/06/voting-rights-act-gutted-by-scotus-ruled-un-constitutional/
        Here is a site you can go to if you want to read the whole text of their decision.
        http://www.law.cornell.edu/supremecourt/text/12-96
        I hope you look at this one Karolyn. It was very informative reading. FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
        You need both love of country and faith in GOD to be a patriot.
        “I have looked to the Lord Jesus Christ, and hope I have attained pardon.”
        John Randolph of Roanoke
        American statesman
        Founding father
        Devout Christian

    • http://batman-news.com samurai

      True that! True that! Here is an article talking about how the RINOs have betrayed the people and voted for amnesty. It also has an audio recording about how voters should hold them accountable and replace them (McCain, Flake, Ayotte, Rubio, etc…) with real conservatives.
      http://www.breitbart.com/Big-Government/2013/06/26/Exclusive-Palin-Tells-Breitbart-News-Rubio-Ayottte-Should-Be-Primaried
      Here is an article to support this one.
      http://www.freedomoutpost.com/2013/06/arizona-voters-look-to-recall-sens-mccain-flake-following-amnesty-vote/
      FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
      You need both love of country and faith in GOD to be a patriot.
      “I still cling to the cross of my Redeemer, and with God’s aid firmly resolve to lead a life less unworthy of one who calls himself the humble follower of Jesus Christ.”
      John Randolph of Roanoke
      Congressman under Presidents John Adams, Thomas Jefferson, James Madison, James Monroe, John Quincy Adams, Andrew Jackson
      U.S. Senator
      Diplomat
      Founding father
      Devout Christian

  • mlr

    Just say no Reagan?? is that why the money supply nearly doubled with him in office? Not to mention that he was the first to raid the Social Security Fund. to help pay for his government that also nearly doubled in cost under him? What a guy for all to love.

    • http://batman-news.com samurai

      LBJ raided Social Security and not Reagan. Here is a way to fight against illegal immigration.
      http://www.godfatherpolitics.com/11430/fight-illegal-immigration-by-abolishing-the-welfare-state/
      FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
      You need both love of country and faith in GOD to be a patriot.
      “Shun all giddy, loose, and wicked company; they will corrupt and lead you into vice and bring you into ruin. Seek the company of sober, virtuous and good people…which will lead you to solid happiness.”
      Thomas Stone
      Signer of the Declaration of Independence
      Delegate to the Constitutional Convention
      Devout Christian

      • MLR

        Samurai,
        Yeah your right Reagan didn’t raid social security trust fund, neither did LBJ, LBJ just put SSTF on the same budget as the General fund. Reagan just Raised payroll taxes on the working class to pay for his 1981 tax cuts to the Afluent

        • http://batman-news.com samurai

          Source? Source? Source? Source? Source? Source? Source? Source? Source? Source?
          FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
          You need both love of country and faith in GOD to be a patriot.
          “You can build a throne from bayonets, but you can never sit upon it.”
          Francis Bacon

          • MLR

            google social security fund raid, read the 6th one down and some others, there are truths and myth’s out there

          • Bob666

            Yo MLR
            Sammy will believe anything he sees on the web-trust me on this.

          • http://batman-news.com samurai

            Knock off the personal attacks you fraud. Just get off the thread Bob. You are in violation of Bob Livingstons comment policy. Now go home, fraud. Here is soemthing that the Atheist Communist Looney Liberal Union wishes to d to the states.
            http://www.wnd.com/2013/06/aclu-vows-to-bring-marriage-battle-to-states/
            Here is an article showing what happens when you allow libturds and progturds to warp our culture.
            http://www.rushlimbaugh.com/daily/2013/06/26/supreme_court_rulings_on_gay_marriage_represent_the_fracturing_of_the_american_culture
            FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
            You need both love of country and faith in GOD to be a patriot.
            “You do well to wish to learn our arts and ways of life, and above all, the religion of Jesus Christ. These will make you a greater and happier people than you are.”
            George Washington
            Judge
            Member of the Continental Congress
            Commander of the Continental Armies
            President of the Constitutional Convention
            1st President of the U.S.
            “Father of our country.”
            Devout Christian

          • Bob666

            OK Mr. Double Standard,
            What policy have I violated? Calling you out for lies?
            Read Page 182 yet? Looking in the mirror when you call yourself a fraud?

            I keep asking-What Lies have I told? yet you keep making that accusation.

            By the way, we know the world is centered around you, but you don’t have the right to ask me to leave.

        • me

          Reagan raided it when he was president. they called it a Social Security surplus back then when they raided it.

    • SamFox

      mir, it was Dems who raided 1st. R’s to their everlasting shame, joined later. Samurai got it.
      SamFox

      • http://batman-news.com samurai

        Thanks. FOR GOD AND COUNTRY! 하나님하고 나라를 위해서!
        You need both love of country and faith in GOD to be a patriot.

    • me

      They say Johnson payed for the Veit Nam war with Social Securirty funds. When Reagan was taking it to build his war machine which the Russians tried to keep up with but it broke them, our government called it a Social Security surplus. They didn’t think of the baby boomers costing so much. I read something that ike was the very first one to raid it. If left alone it probly would have lasted forever.

  • Rico Sanchez

    I don’t understand all this Obama hate? As a born Mexican Obama has provided for me and my familia. Health care/my work you name it. I will take Obama over any reedneck Republican any day.