Wednesday, December 22, 2010
Friday, July 23, 2010
Is Obama going to rob your 401K and IRAs?
http://blog.rebeltraders.net/2010/02/21/401k-and-ira-accounts-uncle-sam-taking-over/
Chavez did this very thing in Argentina in 2008—and his economy is a shamble: -34% (minus 34%!) GNP.
I see a lot of similarities between “obaMAO” and Chavez: both narcissists, both like government control over every aspect of our lives, and both have priority #1 to REDISTRIBTION WEALTH, as they say "economic justice." Chavez has completely destroyed his economy. Will Obama do the same to ours?
Some still believe Obama really wants to grow our economy and lower the unemployment rate. That is no concern to him. Remember, leftist socialist aren't interested in growing the economy. They want control and redistribute the wealth.
What he does want is dependency—dependency on the ruling class who will provide all your needs cradle to grave.
Think of an animals in the zoo. There are no worries or concerns about those risks of living free in the wild--providing for yourself and protecting your family. Nope! The zookeeper/caretaker protects and provides all that—food, greath healthcare, total protection from the wild—total security!! Good deal right? Not if you like freedom. The cost to the animal is their autonomy and freedom. The lion or elephant and their offspring are relegated to a cage for the rest of their life. Likely they will never be released once they are captured. Their offspring will never have know what it was to be free.
Are you willing to be captured and be caged? If so, just do nothing. It is happening. If not, well, only 102 days to say NO, I am born and plan to remain free!
Chavez did this very thing in Argentina in 2008—and his economy is a shamble: -34% (minus 34%!) GNP.
I see a lot of similarities between “obaMAO” and Chavez: both narcissists, both like government control over every aspect of our lives, and both have priority #1 to REDISTRIBTION WEALTH, as they say "economic justice." Chavez has completely destroyed his economy. Will Obama do the same to ours?
Some still believe Obama really wants to grow our economy and lower the unemployment rate. That is no concern to him. Remember, leftist socialist aren't interested in growing the economy. They want control and redistribute the wealth.
What he does want is dependency—dependency on the ruling class who will provide all your needs cradle to grave.
Think of an animals in the zoo. There are no worries or concerns about those risks of living free in the wild--providing for yourself and protecting your family. Nope! The zookeeper/caretaker protects and provides all that—food, greath healthcare, total protection from the wild—total security!! Good deal right? Not if you like freedom. The cost to the animal is their autonomy and freedom. The lion or elephant and their offspring are relegated to a cage for the rest of their life. Likely they will never be released once they are captured. Their offspring will never have know what it was to be free.
Are you willing to be captured and be caged? If so, just do nothing. It is happening. If not, well, only 102 days to say NO, I am born and plan to remain free!
Monday, July 19, 2010
Sunday, July 18, 2010
Venezuela GDP Growth RateThe Gross Domestic Product (GDP) in Venezuela contracted at an annual rate of 16.90 percent in the last quarter. Venezuela Gross Domestic Product is worth 314 billion dollars or 0.51% of the world economy, according to the World Bank. Venezuela is the fifth largest national economy in Latin America. Venezuela is highly dependent on oil revenues, which account for roughly 90% of export earnings, about 50% of the federal budget revenues, and around 30% of GDP. In recent years, President Hugo Chavez has been systematically increasing the government's control of the economy by nationalizing firms in the cement, steel, petroleum, communications, and electricity sectors.
Interest Rate: 18.54%
Growth Rate: -16.90%
Inflation Rate: 31.8%
Jobless Rate: 8.1%
Interest Rate: 18.54%
Growth Rate: -16.90%
Inflation Rate: 31.8%
Jobless Rate: 8.1%
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