"When misguided public opinion honors what is despicable and despises what is honorable, punishes virtue and rewards vice, encourages what is harmful and discourages what is useful, applauds falsehood and smothers truth under indifference or insult, a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe." … Frederic Bastiat

Evil talks about tolerance only when it’s weak. When it gains the upper hand, its vanity always requires the destruction of the good and the innocent, because the example of good and innocent lives is an ongoing witness against it. So it always has been. So it always will be. And America has no special immunity to becoming an enemy of its own founding beliefs about human freedom, human dignity, the limited power of the state, and the sovereignty of God. – Archbishop Chaput

Trader Dan's free work will soon be available at www.traderdan.biz

Thursday, January 3, 2013

Just how Bad is it?

I highly recommend the following article for those who are trying to keep up with the nation's financial condition. It is a very good summary of the enormity of the problem that is rapidly coming down the traintrack.


Sadly, because the problem of growing US indebtedness is not a flashy one, nor one that tugs at the heart's emotions, it is generally ignored by the useless mainstream media. For that part, it is also way off the radar screen of the vast majority of the American citizenry who are far more knowledgeable about what is going on in "Pawn Wars"  or "Gator Boys" than they are in the bakyard of their own nation.

I pulled the chart out of the article to highlight the extent of the catastrophe coming our way. Do yourself a favor and read the entire article and then reflect on the fact that the so-called "FIX" to the problem that our wondrous leader and the Congress came up with does absolutely NOTHING to even put a dent in it.

Do any of you remember that experiment which was conducted some time ago when chimpanzees were used to pick stocks for investments? If I recall correctly, they threw darts at a dartboard containing the names of various stocks and then those were chosen to make up a trial portfolio which was then compared to another portfolio chosen by the "experts". There was no measurable difference in the end result.


Maybe we should bring on the Chimpanzees and vote them into office to guide our nation's policy. They surely cannot do any worse than what we now have....

By the way, the chart below is drawn AFTER the FIX passed by Congress yesterday and signed, (by auto-pen from Hawaii) from the once again vacationing Golfer in Chief). Feeling better yet??

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