Showing posts with label Silvio Canto. Show all posts
Showing posts with label Silvio Canto. Show all posts

Sunday, September 1, 2013

Syria Reveals Rise of Islam In America


From Ow.Ly TamiJ
Late August 2013, between 9% and 15% of Americans support U.S. intervention in the Syrian Civil war. Attacking Syria in retaliation for using chemical weapons on civilians does not seem to ring true since more than 100,000 people have died in that civil war. Syria is a situation exclusively handled by Hillary Clinton and President Barack Obama.

Doo Doo EconomicsScratching Post, Liberator TodayCanto Talk, Beers With Demo, Word Warrior and many of my tea party compatriots at the San Diego Local Order of Bloggers oppose war in Syria. There are very few social issues on which Americans unanimously agree, but this is one. America spent blood and treasure fighting al-Qaeda, we do not want to become al-Qaeda's air force after arming them in violation of international law.

Assumed U.S. Soldiers opposed to War in Syria

Syrian Rebels from al-Nusra execute Shia truck drivers
As a refresher, al-Qaeda are Sunni Islamic extremists. Here is video of Syrian al-Nusra (al- Qaeda) rebels executing Shia, Alawite, truck drivers due to their religion. The battle for Islamic control between Sunni and Shia is far beyond the scope of a blog post. However, something happened on Twitter which shocked America. We need to closely review the fact that Sunni, Muslim Brotherhood, front man Luis Farrakhan seems to have come out AGAINST an attack on Syria.

To put this in context: Many Americans believe President Obama is Muslim. If true, would he be Shia or Sunni? From controversial blogger Lame Cherry:
What requires understanding in this is Kenyans are Sunni Muslims who Obama is born from. Indonesians are Sunni Muslims who Obama was adopted into. Malcolm Little or X was a convert to Sunni Islam who Obama learned to be black from according to David Remnick. Louis Farrakhan or Louis Eugene Walcott, who Obama had Walcott's followers intimidate reporters in Chicago moved the Nation of Islam Mooselums closer to Sunni theology.
Barack Obama Soetoro was financed by Saudi Sunni Islam, the same sects as Sheik bin Laden, for his schooling.
So to answer the question as to which branch of Islam that Obama's loyalties lay, the answer is he is a Sunni Muslim
In addition to the Lame Cherry statement, President Obama supported the "Arab Spring" in Egypt to the benefit of The Muslim Brotherhood. When the Brotherhood was ousted, the president spoke out against the regime change in the face of Christians being slaughtered. In Benghazi, the president armed al-Qaeda, the palestinians, Sunni Iraqi insurgents and the country of Libya came within a few votes of Muslim Brotherhood control. Ambassador Stevens' work in Libya strengthened the opposition to the Muslim Brotherhood, he is now dead.

Why would Sunni Islamists oppose the use of American military power to gain al-Qaeda/Muslim Brotherhood control of Syria? Is it coincidence that President Obama reconsidered his position and threw the decision to Congress, or was he just itching to get back to playing golf? The best that we can do is summarize what was said by Farrakhan in video and on Twitter. (Click links for raw info.)

Your point of view on this matter is very helpful, so here is my "reporter" style tweet to start:

Here is Luis Farrakhan advertising his speech:
The video sermon is about 1.5 hours. We reviewed it in all of its disjointed glory. The closest mirror-image allegory is America's progressive-left opposing President George W. "Bush's War", but remaining silent when President Obama exceeds "W"'s imperial presidency at every turn. As Silvio Canto puts it, "  The mask is off: They hated Bush, not war."

Farrakhan insinuates on Obama
It could be that President Obama is "not Muslim enough" for Minister Farrakhan, or maybe he is viewed as an "apostate" or as "not a good Muslim" by anti-Obama Islamic leaders. Maybe it is simply a power struggle. Maybe the Alex Jones accusations that President Obama assumed control of al-Qaeda after killing Osama Bin Laden strikes some fear in Farrakhan. In this power struggle, is President Obama the moderate Muslim?

Here are a few #Farrakhan "peaceful" reactions from Twitter. Some seem to be threats to the President:
By contrast, the tea party is the "party of peace." Moreover, that this trended in the United States twittersphere is a shock. Doo Doo Economics is all over twitter and this is the first such American Islamic "pop-culture" trend noticed.

We appreciate your help in getting to the bottom of the question, "Is Islam rising in America?"

Glenn Beck, from my viewing, would answer "YES." What do you say?

Tuesday, September 18, 2012

QE3 Downgrades America's Credit Rating to AA-

QE3 is Doo Doo Economics
QE stands for Quantitative Easing (QE).  Doo Doo Economics, and our fellow San Diego bloggers, have been dissecting this farce. In short, the Fed buys government bonds. This means the U.S. government buys its own debt with money that is created out of thin air. This has happened 3 times in the last 4 years and America has suffered three credit downgrades as a result. 

Temple of Mut has a nice overview of QE3 to help you get grounded on the subject.

The latest credit downgrade, from AA to AA-, occurred on September 14, 2012:
"(The) Fed's QE3 will stoke the stock market and commodity prices but in our opinion (it) will hurt the U.S. economy and, by extension, credit quality," Egan-Jones said in a statement about the latest quantitative easing program.

Moody's Investors Service currently rates the United States Aaa, Fitch rates the country AAA, and Standard & Poor's rates the country AA-plus. All three of those ratings have a negative outlook.
Fellow SLOBs author Leslie Eastman from Temple of Mut and yours truly will be on CANTO TALK  ( 7 pm Pacific Time, 9 pm Central Time — click HERE) tonight discussing the QE3. We will be discussing whether QE3 is the Answer to our economic problems.  

Despite two previous rounds of quantitative easing, median household income has still fallen for four years in a row, the employment rate has not bounced back since the end of the last recession, and new home sales have remained near record lows.

Well, they have driven up the prices of financial assets.  Those that own stocks (INDEXSP:.INX) have done very well the past couple of years.  So who owns stocks?  The wealthy do.  In fact, 82 percent of all individually held stocks are owned by the wealthiest 5 percent of all Americans.  Those that have invested in commodities have also done very nicely in recent years.  We have seen gold (NYSEARCA:GLD), silver (NYSEARCA:SLV), oil (NYSEARCA:USO) and agricultural commodities all do very well.
In short, ETF Daily reveals that the rich benefit from Quantitative Easing. This is in effect the Federal Reserve's version of trickle down economics with one difference. Monetary policy, the Fed's area of responsibility, is not suited to dealing with unemployment, the stated goal of the QE3.

Fellow SLOBs author W.C. Varones concurs, but with more succinctness:

Printing money doesn't create jobs. So Bernanke has just committed to giving us stagflation for as long as he can until inflation gets too out of control.

The 1% thank Zimbabwe Ben for jamming their stocks, gold, and silver higher.
In reality, Fed Chairman Ben Bernanke understands this disconnect. Tax policy can entice a small business into hiring a new employee with tax breaks and credits, but monetary policy rewards financial asset investments and debt. So, the unstated goal of the money printing is to pay for the Obama administration's trillion-plus-dollars-per-year deficits.

Our national debt has been so inflamed and become so dangerous that we now face the fiscal cliff of sequestration. That is another topic for another day.  So, to wrap up, lets point out an article focusing on how QE3 will also benefit the seven safest banks in America. Enjoy!

Bonus video: The Show by Linka because it ends with, "I want my money back, I want my money back..."


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