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Nov 11 12 12:56 PM

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AS VETERANS DAY IS UPON US, LET US NEVER FORGET.
 
 
MAYBE GOVERNOR ROMNEY SHOULD BE COUNTING HIS BLESSINGS AFTER TUESDAY'S ELECTION LOSS. HE WON'T HAVE TO DEAL WITH THE MESS THAT EXISTS IN THE FEDERAL GOVERNMENT, AT LEAST NOT AS PRESIDENT.  PAUL RYAN WILL BE AS HE RETURNS TO THE HOUSE OF REPRESNTATIVES AND CONTINUES SERVING HIS COUNTRY BY FIGHTING FOR THE PRINCIPLES ON WHICH OUR NATION WAS FOUNDED.
 
WE ALL MUST DO THE SAME.  REMEMBER GEORGE WASHINGTON SUFFERED MANY DEFEATS BEFORE THE WAR FOR INDEPENDENCE WAS FINALLY WON;
 
THE RESULTS OF TUEDAY'S ELECTION SHOW US A NUMBER OF THINGS IN ADDITION TO THE OBVIOUS.
 
HERE ARE SOME OF THE OBVIOUS HOWEVER. THERE WERE MORE THAN 119 MILLION VOTES CAST.  OBAMA WON THE POPULAR VOTE NARROWLY, THE ELECTORAL VOTE COMFORTABLY.  ALL EIGHT OF THE TOSS-UP STATES THAT RASMUSSEN LISTED FROM THEIR POLLING WENT TO OBAMA.  THIS WAS VERY SURPRISING TO MANY.  LATE MOVES BY REPUBLICANS IN PENNSYLVANIA , MICHIGAN AND MINNESOTA WERE ALSO TURNED BACK TO THE DEMOCRATS. DEMOCRATS ALSO GAINED IN BOTH CHAMBERS OF CONGRESS.
 
NOW FOR SOME OF THE LESS OBVIOUS FACTORS.  OBAMA'S OUTSIZED MAJORITY AMONG HISPANICS HELPED HIM AGAINST A CHALLENGER WHO CALLED FOR SELF-DEPORTATION OF ILLEGAL IMMIGRANTS.  THE OBAMA ADMINISTRATION'S AUTO BAILOUT RESULTED IN CAPTURING ABOUT THREE QUARTRS OF THEIR VOTES IN OHIO. ROMNEY OPPOSED IT, AND IN LATE CAMPAIGN COMMERCIALS SUGGESTED IT HAD CONTRIBUTED TO THE LOSS OF U.S. JOBS OVERSEAS.  IN VIRGINIA, THE BLACK  VOTE WAS ROUGHLY HALF AGAIN AS BIG IN PERCENTAGE TERMS AS NATIONALLY ALSO AN AID TO OBAMA.
 
RUSH LIMBAUGH REFERRED TO THE 'SANTA CLAUS EFFECT' AS A MAJOR REASON FOR THE GOP LOSS.  WHEN PEOPLE ARE GIVEN THE CHOICE BETWEEN RECEIVING BENEFITS FROM THE GOVERNMENT AS OPPOSED TO WORKING FOR THEM MANY WILL CHOOSE THE FORMER.  WE SEE THIS PLAYING OUT IN THE EUROZONE WITH THE LARGE PROTESTS OVER AUSTERIY MEASURES.  THE TROUBLE WITH THIS IS IT CAN'T LAST.  FORMER U.K. PRIME MINISTER MARGARET THATCHER POINTED OUT THAT SOCIALISM WORKS UNTIL YOU RUN OUT OF OTHER PEOPLES MONEY;
 
THE VOTERS IN MAINE, MARYLAND, MINNESOTA AND WASHINGTON FAILED TO GARNER EMOUGH VOTES TO DEFINE MARRIAGE AS A UNION BETWEEN ONE MAN AND ONE WOMAN AS IS THE CASE IN 32 OTHER STATES. THIS IS AN INDICATION OF A FURTHER DECLINE IN OUR MORALS.  WE HAVE SEEN THIS IN PAST CIVILIZATIONS AND HAS BEEN HAPPENING HERE FOR YEARS... MAYBE SINCE ROE V WADE.  I HAVE TO ASK '"HOW CAN WE SAY WE ARE ONE NATION UNDER GOD? THOSE OF YOU WHO FOLLOWED YOUR CONSCIENCE AND SUPPORTED TRADITIONAL MARRIAGE SHOULD UNDERSTAND THAT VICTORY DOES NOT ALWAYS MEAN YOU WILL BE IN THE MAJORITY;
 
SO WHAT CAN WE EXPECT GOING FORWARD?  WELL TO PUT IT BRIEFLY... MORE OF THE SAME.  THE FEDERAL GOVERNMENT WILL CONTINUE TO GROW.  THERE WILL BE MORE TAXES, SPENDING, AND REGULATIONS. THAT WILL MEAN CONTINUED DEFICITS AND MORE DEBT FOR CURRENT AND FUTURE AMERICANS TO FACE. THE FISCAL CLIFF WILL PROBABLY RESULT IN THE CAN GETTING KICKED DOWN THE ROAD AGAIN UNLESS THE HOUSE OF REPRESENTATIVES CAN STICK TO THE COMMITMENT TO IMPLEMENT SOUND FISCAL MEASURES.  INDIVIDUAL LIBERTY WILL CONTINUE TO COME UNDER ATTACK.;
 
THE DOW JONES INDUSTRIAL AVERAGE FELL TRIPLE DIGITS IN EACH OF THE TWO DAYS AFTER THE ELECTION, AND MANY CORPORATIONS ANNOUNCED LAYOFFS.  YOU CAN FIND OUT THE DETAILS AT WWW.DAILYJOBCUTS.COM;
 
GOLD AMD SILVER LOOK LIKE THEY WILL HEAD HIGHER AND THAT USUALLY MEANS A WEAKENING DOLLAR;
 
THE BENGHAZI DEBACLE IN WHICH A U.S. AMBASSADOR AND THREE OTHER AMERICANS WERE KILLED IN A TERRORIST ATTACK IS GOING TO THE SENATE INTELLIGENCE COMMITTEE, AND THE RECENT NEWS ABOUT CIA DIRECTOR PETRAEUS' EXTRAMARITAL AFFAIR AND HOW IT IMPACTED THE WHOLE THING WILL COME UNDER SCRUTINY;
 
MEANWHILE, THE PENTAGON ANNOUNCED THAT IRAN FIRED AT  A U.S. DRONE SPY PLANE ON NOVEMBER 1, 2012. THEY HAVE BEEN A CONSTANT THREAT IN THE MIDEAST.  I'M SURE ISRAEL IS WATCHING DEVELOPMENTS VERY CLOSELY;
 
THE TEA PARTY AND OTHER CONSERVATIVES MUST CONTINUE TO FIND AND SUPPORT CANDIDATES THAT ESPOUSE THEIR VALUES.  THE 2014 MID-TERM ELECTIONS WILL PROVIDE ANOTHER OPPORTUNITY TO INCREASE THEIR CONTROL OF THE HOUSE AND TO GAIN CONTROL OF THE SENATE, WHERE THEY NEED ONLY SIX MORE SEATS.  GETTING OUT THEIR MESSAGE OF SMALLER AND MORE EFFICIENT GOVERNMENT ALONG WITH MORE ORGANIZATION SHOULD PAY OFF, ESPECIALLY IF THE COUNTRY IS WORSE OFF THEN THAN IT IS NOW, WHCH A LOT OF THE ALMOST 60 MILLION  AMERCIANS THAT VOTED REPUBLICAN BELIEVE IT WILL BE;
 
 
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.