Sunday, May 29, 2011

GOP Political Euphemism (s) - Fast Facts #7

The Ryan Budget was created with much input from the Heritage foundation and has been put forward by the #GOP as their own.

Ryan's budget plan includes a measure creating a voucher-like system to replace the our current medicare program for future retirees to purchase subsidized health plans from private insurance companies.

At the end of the month of May Senator Mitch McConnell said that Medicare spending is being discussed in budget negotiations between congressional leaders and the White House. "Medicare is on the table," McConnell said at a news conference.

Running away from their original statements of "we are saving Medicare from going broke" no really, "we are preserving medicare", the new Republican Party Line is Medicare is broke, everyone agrees and is on board that Medicare has to be changed so anything which will be done will be done by agreement.

Fact is the Republicans, eager to move the economic discussion away from their budget plan and its unpopular Medicare overhaul back to the more comfortable ideas like lowering taxes and getting rid of burdensome regulations on businesses.

Just another in a long line of political euphemisms used by the GOP, a party with ever changing litmus tests.....

Ryan described President Obama's budget proposal as "rationing" Medicare, countering that the program needed support and solutions, "not government."

Accept responsibility for your deeds.

Remember, for more than 11 years we have reaped the benefits of GOP tax cuts and tax cut extensions. Some by GOP majorities, some by GOP negotiating compromises from ill equipped (for negotiating) Democratic majorities.

Thank you GOP, men of many words, few facts , but many words.

Friday, May 13, 2011

Commodity Tree Shaking - A Buying Opportunity?

The financial markets have been extracting money from the public at large by creating an environment where people pay higher prices for fossil fuels and pay more for retail commodity products or receive less of a product in a container for the same retail price.

All this occurs while the average American asset base is losing value due to our Federal Reserve printing press, printing money which devalues the US Dollar.

Recent trading in oil and gasoline futures was briefly halted when the slide in gas prices reached 25 cents, triggering a preset circuit breaker. That circuit breaker was reset and trading resumed. This in the face of tremendous flooding which will hit the lower Mississippi River and will likely affect refineries in the South reducing gasoline supplies just its normally highest seasonal demand. When demand rises and supply falls, prices rise!

The US Dollar jumped against the euro as convenient fears rise again about another European crisis due to Greece defaulting on their debt. Every time a dollar reversal is determined necessary all financial channels start talking about the PIG’s and how the European Community is in trouble. Coincidence?

As the easily accessible supply of oil is diminished while the world’s population grows there will be a continued rise in the costs of all fossil fuels. The laws of supply and demand suggest the price of oil, gasoline and food stuff commodities will continue to rise. This will happen as the world population grows and further industrialization stresses our natural resource capacities.




Now is the time to determine at what level of pull back you will decide to invest in the future rise of these commodity prices.

Alternate investments to maintain your asset base to counteract the continued devaluation of the US dollar is to invest in funds like FXA and FXC (Australian and Canadian currencies)



Healthy Trading!

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Elections matter-openly cynical of government business as usual-Supreme Court Justices 5-4 open warfare on my Individual Liberty-Teach as Knowledge is Power!