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Tuesday, October 30, 2012

How Did YOU Deal With Hurricane Sandy??

I'm sitting here early Tuesday morning in my bathrobe with poached eggs, English muffins with cherry-apple butter, and coffee with the fireplace burning brightly -- feeling like I made a great decision to stay home today and wait out Hurricane Sandy's  foul weather!  Despite dire warnings from PEPCO, I haven't lost electrical power  here in  Silver Spring, Maryland.

On the other hand, we just bought a waterside beach house in Delaware a few weeks ago.  I hope its still there.  What a time to decide to buy a beach house  :(

How did YOU deal with Hurricane Sandy?

JC Leahy
October 30, 2012


Next-Day Update:  Hurricane Sandy is over!!! My house was apparently in a lucky place. No electricity lost and no trees in the yard down, even though Route 29 had to be closed for some reason ( I wonder why??) and some people I know lost power. I just hope my Delaware beach house is undamaged -- it's at the waterside, on one of those canals.   I hope it's still there!!! :)  JL




Monday, October 29, 2012

Amazing !! Watch This Documentary Movie Before You Vote in the 2012 Election!!! 2016 Obama's America


  Don't let your undecided friends vote without watching this incredible documentary!!!!!


Immersed in exotic locales across four continents, Dinesh D'Souza (co-producer of Schindlers List) races against time to find answers to Obama's past and reveal where America will be in 2016 if Obama is re-elected. During this journey he discovers how Hope and Change became radically misunderstood.  The journey moves quickly over the arc of the old colonial empires, into America's empire of ideals and liberty, and we see the unfolding of the concepts and beliefs that constitute Obama's worldview and shape his policies.

Be informed!! Watch 2016 BEFORE you vote!!!  You can get it from Amazon!!

(If you can't see the Amazon links below, then CLICK HERE )





Saturday, October 13, 2012

Yikes!! What is Obama Doing to my Retirement Savings???!!!


By JC Leahy


People need to understand the magnitude of what Obama is doing to us.   The Obama debt shown above doesn't include the $1.2 trillion new money "printed" through QE I and II, and doesn't include the massive, open-ended amount of money being printed now  at a rate of $40 billion a month with no end in sight through QE-III.  In other words, they are buying Treasury bonds on the open market using made-from-thin-air, newly "printed" dollars. Rather than admitting that they are printing money, they call this "quantitative easing."   And by the way, the 10-time multiplier effect  in reality turns $1.2 trillion into $12 trillion. Everybody agrees that creating this much new money will degrade the purchasing power of existing dollars, including grandma's retirement savings. It's called inflation. You can see inflation when you go to the gas pump or the grocery store or pay your winter heating bill.  For example, gasoline cost $1.95 when Obama became president and I paid $3.71 yesterday and thought it was a pretty good deal!!  Go to the grocery store and check for yourself: everything is rising in price!!  When you finance excessive spending by creating trillions of dollars out of thin air, existing money buys less.  This has the effect of stealing from grandma's retirement account to finance Big Government!!

Importantly, the above debt also does not include 5 trillion of Freddie Mac and Fannie Mae obligations, it doesn't included guaranteed obligations such as those under TARP, and it doesn't include 46 trillion of unfunded obligations such as Social Security and Medicare.  Consider these obligations, plus the astonishing level of "national debt" it's safe to say that with 12 trillion of new money plus unlimited QE3 money creation, you still ain't seen nothin' yet!!!

(ALSO SEE EARLIER ARTICLE: THE ROAD TO STAGFLATION)




PS - For those of you checking the numbers, it will be by the end of the Government's fiscal year 2013, the last fiscal year of the Obama Administration, that Obama will have added more debt than the first 43 presidents combined -- according to the Obama Administration's own projections.

Saturday, October 6, 2012

Obama Quote of the Decade - With Re-Election Poster

The Quote of the Decade:
"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. Increasing America 's debt weakens us domestically and internationally. Leadership means that, "the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better."
~ Senator Barack H. Obama, March 2006 - Pass it on until election day!!


This Re-Election poster would make a great desktop background on your PC at home and at work!