Many studies have demonstrated that being poor will make you miserable, but being rich does not make you happy. At some level, society has always understood this. The ancient Greeks talked about the elusive notion of what made a good life. They called it “eudaimonia.” It’s the philosophy that happiness comes from work that helps others, not worldly possessions.
This is the autumn of our discontent. I believe something sinister is coming down the pipe. Week after week of demonstrations around the world could be a harbinger of revolt and even mass violence.
A spotlight has been thrown on the former Governor of Massachusetts and front-running GOP Presidential candidate Mitt Romney. You probably have heard that Romney is a Mormon. It was much publicized earlier this month when Pastor Robert Jeffress called Mormonism a “cult” at a political gathering.
The Wall Street Journal recently pointed out that when it comes to job and energy security, President Barack Obama simply doesn’t get it. For all his soaring rhetoric, the President’s September “jobs speech” demonstrated zero insight into how America could really grow its economy while reducing its dependence on Mideast oil.
American liberals are determined to sell out America, even it means a deal with the devil: China. If the Greens get their way, America will need China just to power itself up each day. That is because China has a near monopoly of rare earth elements, the essential ingredients that power renewable energy.
The road to hell is paved with good intentions. I have little doubt that the road President Barack Obama envisions is built around renewable energy; the only vehicles that traverse it are electric. It is the world of science fiction. America’s problem is that this world will hasten our downfall.
Autumn is nearly here, and I am reminded of stock market crashes and one near plane crash. The September equinox marks the anniversary of when my Uncle Richard and I fell from the sky in his Cessna 172. I haven’t had such a close call since, yet I have a lot of anxiety these days — not about flying, but about the stock market.
A couple of years ago, former oil maverick T. Boone Pickens launched an $82 million national advertising campaign to promote the Pickens Plan, an energy policy aimed at reducing the American addiction to foreign oil. Pickens faces only one problem: There is no viable substitute for oil and gas — at least not yet.
When it comes to defeating Islamic extremists, maybe President Barack Obama should take lessons from Hollywood bad boy Charlie Sheen. That way Obama could reach his younger constituency through the magic of YouTube.
What is truly unique to the 21st century is that we are running out of affordable crude oil, the fuel that propelled staggering economic growth during the previous 100 years. And while the wheeler-dealers in Congress can lift the debt ceiling with the stroke of a pen, all the king’s horses and all the king’s men can’t put oil back in the ground again.
America’s recovery has run out of steam. Job growth is nonexistent. Stock indexes cling to highs set earlier this year. Barack Obama’s moneyfest has failed to right America’s listing ship. The U.S. is facing a deflationary collapse worse than anything that has happened in 80 years.
Stock indexes went postal on Washington’s debt deal celebration. Last Thursday, the Dow Jones industrial average declined more than 500 points, its worst setback since the Crash of 2008. Then on Friday, Standard & Poor’s downgraded America’s debt from AAA to AA+. In response, the market suffered an even greater setback on Monday, with the Dow Jones industrial average falling 643 points. The sky is falling.
What really worries me about our future is the unknown that might jump up and bite us. Things that are not only unpredictable but are counter to anything we might expect. Essayist and practitioner of mathematical finance Nassim Nicholas Taleb has a term for unpredictable events: “Black Swans.”
Only once have I looked down the barrel of a gun. I can tell you it was damn disconcerting. It happened 25 years ago. The automatic rifles that were drawn on me then are pointed at America today. Yet President Barack Obama refuses to acknowledge that America is facing Middle Eastern guns.
With oil priced at just two-thirds of its highs set three years ago, President Barack Obama launched yet another spend-now-pay-later program. But this time the President has done it with something much harder to replenish than fiat dollars. He is spilling out the nation’s emergency crude oil reserves.
Sometimes, we are in danger because we are in the wrong place at the wrong time. Knowing what to do to avoid such a situation, or what you must do if you cannot, can be a lifesaver.
I doubt any of the nine justices on the U.S. Supreme Court have ever shopped at a Walmart. That probably helped the retail giant when the Court dismissed the largest employment discrimination case in U.S. history last month. But the Supreme Court’s refusal to hear the case hardly makes Walmart a paragon of good business.
Blood is being spilled in Western democratic cities like Vancouver, Canada, and Athens, Greece. With America’s economy stuck in recession and with the dismal and arrogant leadership provided by President Barack Obama and Congress, it is not hard to imagine similar violence in American cities.
Almost all of Afghanistan’s economy is supported by foreign aid, most of which comes from the United States. We have a President who is borrowing money from a potentially much larger enemy, China, to finance foreign wars against Islamic countries who hate us.
Who killed the U.S. dollar? This question will be debated by future historians. Already, more people are asking that question than tuned in to find out who shot J.R. on Dallas. The lineup of suspects is long, but it ends with Barack Obama, the triggerman who killed the buck.
If you think the Information Age has advanced the world and is leading to the pursuit of happiness, think again. Now in my 50s, I am convinced technology is killing our spirit and setting us up for a big fall. And while I don’t consider myself a Luddite, my three children might disagree.
In the spring of 1775, silversmith and patriot Paul Revere rode into the cold night to warn that the British were coming. A century and a half later, America helped defeat Nazi Germany and Imperial Japan — two nations bent on world domination and extinguishing individual liberty. The world has changed, and the war at home rages. Geographic borders no longer demarcate the saintly from the sinister.
Despite proclamations of victory by the Administration of President Barack Obama, the death of Osama bin Laden is not like the fall of Berlin in 1945. In itself, killing bin Laden brings no peace. It does ask many unsettling questions about America’s number one ally on the war on terror, Pakistan. It also puts into question America’s ability to even win the war in Afghanistan.