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Wednesday, September 16, 2009

Tuesday, September 15, 2009

Smoot-Hawley-Hoover-Obama

























The West grew rich with free markets and largely free trade. These are the main tools through which we lowered the poverty percentage in the US from 90% of our population in the year 1900 to 13% today, based on inflation equivalent dollars and what we consider to be poverty in 2009 in the US. Now we are going about the task of destroying both. That would be the daily double from hell.

Many of the government programs people are drooling over base their revenue streams on future economic growth projections of 3-4% over the ensuing years. I'm a betting man...I'll take all of that action you want to lay down. I heard Ed Prescott say in March that we are in for a "lost decade" of economic growth, just like the Japanese in the 1990s. Well, I'm in for at least a half decade.

http://online.wsj.com/article/SB10001424052970203917304574412841880083568.html

Saturday, September 12, 2009

Crazy video from Iraq

The dude in the foreground is pointing a radar gun at the car. The guy in the car thinks it is a gun. Watch what happens.


Friday, September 11, 2009

Why September 11?



For those of you who have ever wondered why September 11 happened on that particular day, I have the answer. My friend Herb Meyer told me this a few years ago. Anyone with a mustard seed of wanting to know what we are up against should order his great video "The Siege of Western Civilization" available here http://www.siegeofwesternciv.com/
Anyway, the Islamic world has a long memory for dates in history. Looking back in world history, Islam spread through western Europe coming up through Spain and the Iberian peninsula. The high water mark of this spread came on October 10, 732 when the Islamic forces were stopped by Charles Martel at the Battle of Tours in France. It took until 1492 for the Islamic forces to be ejected from the port of Grenada, Spain and thus the European continent, the same year of Columbus' voyage. Thus you will hear Osama bin Laden sometimes refer to "the crime of Iberia". This is his meaning. September 11 is the date of the high water mark of the spread of the Ottoman Empire in eastern Europe when they were stopped at the gates of Vienna...September 11, 1683. And now you know the why of September 11.