Lead

Nov 25 12 2:15 PM

Tags : :

THERE WERE ABOUT 60 MILLION AMERICANS WHO VOTED FOR EACH OF THE PRESIDENTIAL CANDIDATES.  OF COURSE, WE HAVE HAD MANY CLOSE ELECTIONS IN THE PAST, THE NIXON/KENNEDY AND BUSH/GORE CONTESTS COME TO MIND.  THIS ELECTION SEEMS TO BE ONE HOWEVER THAT MORE THAN PAST CONTESTS SHOW WE ARE TRULY A DIVIDED NATION.  WE ARE SUPPOSED TO BE 'ONE NATION UNDER GOD' BUT GRADUALLY WE ARE WITNESSING THAT EVEN MENTIONING GOD IN THE PUBLIC SQUARE HAS COME UNDER ATTACK.  WE NOW FIND MANY OF OUR CITIZENS  PETITIONING TO SECEDE THEIR STATES FROM THE UNION. THE ROLE OF GOVERNMENT IS HOTLY CONTESTED.

 
ABRAHAM LINCOLN'S HOUSE DIVIDED SPEECH ON JUNE 17, 1858 MAY BE WORTH RECALLING. HERE IS THE BEST-KNOWN PASSAGE OF THE SPEECH:
 
'A house divided against itself cannot stand. I believe this government cannot endure, permanently, half slave and half free. I do not expect the Union to be dissolved — I do not expect the house to fall — but I do expect it will cease to be divided. It will become all one thing or all the other. Either the opponents of slavery will arrest the further spread of it, and place it where the public mind shall rest in the belief that it is in the course of ultimate extinction; or its advocates will push it forward, till it shall become lawful in all the States, old as well as new — North as well as South.'
 
WE MIGHT JUST INSERT THE WORDS TAKERS AND MAKERS FOR THE WORDS SLAVE AND FREE TO UPDATE THE MESSAGE TO OUR TIMES.  I WOULD HOPE ALSO THAT OUR UNION WOULD NOT DISSOLVE AND WE COME TOGETHER AND RECONCILE OUR DIFFERENCES IN ORDER TO TRULY FORM A MORE PERFECT UNION.
 
CLEARLY SLAVERY SHOULD HAVE BEEN ABOLISHED, BUT JUST AS CLEAR IS THAT PEOPLE WHO WORK FOR A LIVING SHOULD NOT HAVE TO PAY FOR THOSE WHO ARE ABLE TO AND DON'T!
 
THERE ARE A FEW PASSAGES FROM SCRIPTURE THAT ARE APPROPRIATE HERE:
 
'If a man will not work, he shall not eat.'
-Paul, Second Thessalonians, chapter 3 verse 10.

WE NEED TO ENCOURAGE THOSE RECEIVING GOVERNMENT ASSISTANCE, WHETHER IT BE FOOD STAMPS UNDER THE SNAP PROGRAM OR HOUSING,  MEDICAL, OR OTHER ASSISTANCE TO EXAMINE WHETHER THEY ARE ABUSING SUCH PROGRAMS.  OUR RELIGIOUS INSTITUTIONS SHOULD PREACH PERSONAL RESPONSIBILTY FROM THE PULPITS, AND THE EDUCATIONAL INSTITUTIONS AND MEDIA SHOULD HAMMER IT HOME AS WELL. MOST AMERICANS WANT TO HELP THOSE IN NEED, BUT DO NOT APPROVE OF THE MANY THAT TAKE ADVANTAGE OF EVERY SITUATIONS THEY CAN. 
OF COURSE, IT IS NOT JUST THE LOWER INCOME GROUPS THAT NEED TO LOOK AT WHAT THEY'TE DOING, BUT ALSO THE LARGE CORPORATIONS WHO MAY BE RECEIVING CORPORATE WELFARE BECAUSE THEY HAVE BEEN ABLE TO INFLUENCE CONGRESS AND OTHERS IN GOVERNMENT THROUGH THEIR LOBBYING ACTIVITIES.  ALSO, THE COUNTLESS NUMBER OF EXAMPLES OF FISCAL MISMANAGEMENT IN GOVERNMENT FROM ABUSIVE EARMARKS TO ALL THE UNNECESSARY SOFT GOVERNMENT JOBS NEED TO BE PURGED SO THAT THE PEOPLE ARE GETTING GOOD VALUE FOR THE TAXES THEY PAY.
 
'It is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God.'
Matthew, chapter 19 vererss 23-24
 
I THINK INDEPENDENCE SHOULD BE THE WATCHWORD AS WE GO FORWARD.  WE NEED TO FIRST PUT OUR OWN HOUSES IN ORDER, GET OUT OF DEBT, CHECK ON WHERE WE SPEND OUR MONEY AND WHAT WE WATCH ON TV, LOOK AT OUR ADDICTIONS, WHETHER IT BE SUBSTANCE ABUSE, GAMBLING OR EVEN SPORTS AND MUSIC AND GRADUALLY WEEN OURSELVES AWAY FROM THEM.  THE WITHDRAWAL SYMPTOMS MAY BE PAINFUL, BUT THE END RESULTS WILL BE WORTH IT.  MANY OF OUR OTHER PROBLEMS, SUCH AS HEALTH AND FINANCIAL ONES,  MAY BE RESOLVED JUST BY SUCH ACTIONS.  IT'S WORTH A SHOT!
WE SHOULD ALSO RESIST EVERY ATTEMPT BY SOME IN POWER TO DIVIDE US.  THEY THRIVE IN CHAOS AND THUS WOULD RELISH AT SETTING RICH AGAINST POOR, YOUNG AGAINST OLD, BLACK AGAINST WHITE, MEN AGAINST WOMEN, ETC.  THERE IS A METHOD TO THEIR MADNESS AND WE NEED TO BE AWARE OF IT. THEY MAY EVEN ENGINEER CRISIS TO ACCOMPLISH THEIR MALICIOUS AGENDAS. WE NEED TO OBSERVE WHAT'S HAPPENING AND NOT OVERREACT, BUT RATHER WITH WISDOM TAKE THE NECESSARY STEPS TO RESOLVE.  REMEMBER THE WORDS 'NEVER LET A GOOD CRISIS GO TO WASTE' AND UNDERSTAND THAT WE MAY BE BEING MANIPULATED. DON'T PUT UP WITH THAT NONSENSE!;
 
SPEAKING OF CRISIS, LOOK WHAT ISRAEL IS HAVING TO DEAL WITH VIRTUALLY EVERY DAY.  THEY ARE BEING SHELLED BY ROCKETS FROM GAZA BY THOSE THAT WANT IT ANNIHILATED.  YET THEY DEAL WITH EACH ISSUE IN A WAY THAT WE SHOULD NOTE AND ADMIRE.  THEY HAVE HAD SUCCESS IN KNOCKING OUT SOME INCOMING MISSILES WITH THEIR STATE OF THE ART TECHNOLOGY AND ARE CURRENTLY IN A VERY FRAGILE CEASEFIRE AGREEMENT WITH HAMAS THAT FEW EXPECT TO BE LONG-LIVED. FUTURE DEVELOPMENTS WILL BE WATCHED CLOSELY;
 
NEWS FROM CAIRO, EGYPT SHOWS THEIR BENCHMARK STOCK INDEX PLUNGED NEARLY 10 PERCENT ON SUNDAY IN THE FIRST TRADING SESSION SINCE THE COUNTRY'S ISLAMIST PRESIDENT, MOHAMMED MORSI ISSUED DECREES TO ASSUME SWEEPING NEW POWERS, PLACING HIMSELF ABOVE OVERSIGHT OF ANY KIND, INCLUDING THAT OF THE COURTS. THE MOVE HAS THROWN EGYPT'S ALREADY TROUBLED TRANSITION TO DEMOCRACY INTO FURTHER TURMOIL. POLICE IN CENTRAL CAIRO FIRED TEAR GAS AT PROTESTORS WHO ACCUSE THE NEW EGYPTIAN LEADER OF A BLATANT POWER GRAB. ANGRY PROTESTS ACROSS THE COUNTRY DEMAND THE DECREES BE IMMEDIATELY RESCINDED;

 
GEORGE SOROS IS SHOWING INTEREST IN GOLD AGAIN. THE MOST RECENT 13-F FILING OF HIS HEDGE FUND, SOROS FUND MANAGEMENT LLC SHOWS THE FUND INCREASED ITS POSITION VIA THE GLD FUND FROM 884,000 SHARES TO 1.3+ MILLION SHARES THAT REPRESENTS A SUM OF ABOUT $200 MILLION. THE FUND ALSO INCREASED ITS POSITION IN THE GDX GOLD MINERS ETF FROM 1 MILLION SHARES TO OVER 2.3 MILLION, ADDED A 1.7 MILLION SHARE POSITION IN KINROSS GOLD, AND FINALLY A NEARLY 2.4 MILLION SHARE IN THE GDXJ JUNIOR GOLD MINERS ETF.
 
IN ADDITION TO THE ABOVE PURCHASES THE FUND ALSO ADDED WHAT APPEARS TO BE A $9 MILLION CALL OPTION POSITION ON THE GDX.
THIS COULD MEAN THAT SOROS AND HIS MANAGEMENT TEAM FELT THAT THE GOLD MINING EQUITIES WERE EXTREMELY UNDERVALUED ON A SHORT-TERM BASIS...AND IT MIGHT ALSO MEAN THAT THEY SEE MONEY TO BE MADE OVER THE NEXT 6-12 MONTHS, VIA A SHARP MOVE HIGHER IN THE GDX.
 
THE YELLOW AND WHITE METALS ARE BOTH STILL UP FOR THE YEAR;
 
AS USUAL, IF TIME PERMITS, WE NEED TO CONTINUE DISCUSSING THE FOLLOWING:
PENSIONS - THEY NEED OUR ATTENTION.  MANY AMERICANS ARE RECEIVING THEM OR SOON WILL BE.  THE BABY BOOMERS ARE A LARGE GROUP IN THAT CATEGORY AND THEY NEED TO UNDERSTAND WHAT ACTIONS OR INACTION TO TAKE BOTH WITH ANY PRIVATE RETIREMENT PLANS THEY MAY HAVE OR EVEN WITH SOCIAL SECURITY BENEFITS AND STATE OR LOCAL GOVERNMENT PLANS.  ALSO, DO YOU KNOW ABOUT THE SUPPLEMENTAL SECURITY INCOME FEATURE ADMINISTERED BY THE SOCIAL SECURITY ADMINISTRATION? THE RULES KEEP CHANGING IN THESE AREAS AND IT WOULD BE SMART TO LEARN THEM;
 
THE FEDERAL RESERVE - WE HAVEN'T STOPPED LOOKING INTO THE INNER WORKINGS OF THE FEDERAL RESERVE SYSTEM
AND WE WILL DELVE A LITTLE MORE INTO IT'S' BALANCE SHEET AND SEE IF WE CAN GLEAN THE FACTS REGARDING THIS INSTITUTION THAT HAS SUCH AN IMPACT ON OUR LIVES AND DETERMINE IF IT CAN BE ONE THAT TRULY SERVES THE PEOPLE OR SHOULD ANOTHER ACT OF CONGRESS BE PASSED TO END ITS' EXISTENCE. THIS CAN BE A TEDIOUS PROCESS, BUT WE MUST FOLLOW THE MONEY !;
 
 
BEFORE WE TACKLE THE FEDERAL SYSTEM HOWEVER IT MAY BE WORTHWHILE TO REVIEW WHAT HAS BEEN HAPPENING IN PRICHARD, ALABAMA WITH THEIR PENSION PLAN. I THINK THE LESSON HERE IS THAT WE SHOULD FIND A WAY TO TAKE CARE OF OUR OWN MONEY AND NOT RELY TOO MUCH ON OTHERS, ESPECIALLY IF THEIR ABILITIES HAVE NOT BEEN FULLY DETERMINED;
 
 
GOLD - A RECENT SURVEY SHOWS HOW GOLD DOES DURING TIMES OF TURMOIL.  FIND OUT THE DETAILS;
 
WE WILL ALSO CONTINUE TO PROVIDE YOU WITH MORE ON THE LIST OF THE 50 THINGS EVERY AMERICAN SHOULD KNOW ABOUT THE COLLAPSE OF THE ECONOMY;
 
 
AND WE WILL KEEP YOU ABREAST OF ANY LATE-BREAKING DEVELOPMENTS IN THE STOCK AND COMMODITIES MARKETS, ESPECIALLY GOLD AND SILVER;
 
 
SOME THOUGHTS BY EXPERIENCED INDIVIDUALS IN THE WORLD OF MONEY MAY ALSO BE REVIEWED AND SOME AUDIO MAY BE PLAYED TO ROUND OUT THE SHOW.